Back To 1995

   Chapter 727 Ignition

  The Star Wish Foundation has invested in many projects and industries. Zhang Chaoyang and the others are aware of this. Whether it is the Internet or traditional industries, the Star Wish Foundation does not only focus on investing in technology companies as the outside world imagines.

The current domestic perception of the Wishing Star Foundation is still shaped by Song Yang’s trip to Asia a few years ago. At that time, the Wishing Star Foundation family carried the banner of domestic Internet venture capital, and the Internet began to be ignited in China. !

After   , when countless Internet and technology companies in China wanted venture capital, the first person to come to the door was the Star Wish Foundation. In the eyes of some people, the Star Wish Foundation is the image of a big dog...

But in fact, the Star Wish Foundation has never only invested in the Internet industry. Representatives of real estate, electrical appliances, liquor, medicine and other industries, and companies such as Vanke, Gree, Maotai, Changchun High-tech, etc., the Star Wish Foundation has been investing all the way. It is to buy, buy, buy, and raise the placard for several years in a row.

Zhang Chaoyang, Wang Juntao and the others don't know how many companies the Star Wish Foundation has invested in. Now I hear that in the first half of this year alone, the Star Wish Foundation has achieved a rate of return of more than 60%. They were a little surprised.

  Song Yang was not surprised when he heard Fang Qiuyu's words. The companies invested by the Star Wish Foundation, Internet companies such as Sohu, need not be mentioned. Now is the hot period of the Internet, and the valuation is one price per day.

Now Sohu's valuation has reached 500 million US dollars. In Silicon Valley, such a valuation is nothing. Look at the market value of Yahoo's US $ 50 billion or 60 billion, and the market value of Lycos's 20 billion to 30 billion. Sohu is one of them. The market value of its peers is really inconspicuous.

   Of course, if you put it in China, the valuation of Sohu is not cheap. Think about how many time-honored brands and factories in traditional industries with tens of thousands of employees are calculated.

   "Starting this year, most of the companies that the Wishing Star Foundation has invested in a few years ago have begun to stabilize. For example, Internet companies, their valuations have begun to rise significantly, and the revenue of traditional industries has also grown rapidly!"

When Fang Qiuyu was talking, he glanced at Zhang Chaoyang and the others. The meaning was very clear. He had spent so much money, and now he is looking back. Even traditional companies such as Vanke, Gree, and Maotai can live a small life now. Very moisturizing.

   They don’t get as much media attention as Sohu, but they can earn more and more every day. The Star Wish Foundation has listed these companies many times, and now many of these companies have entered the board of directors!

  Song Yang nodded and looked at Fang Qiuyu and Pan Jianghong, "Star Wish Foundation, in the future, it will continue its previous business, whether it is investment or charitable business, and those companies that invest in it must continue to stay!"

   Hearing that Song Yang wanted to keep holding the shares of Vanke and Maotai, Fang Qiuyu hesitated. According to normal logic, it must be the ticket that he bought. After earning it, he has to sell it, and it goes on and on again and again.

   But now, Fang Qiuyu feels that Song Yang seems to be holding the shares of Maotai. Anyway, if the price is not sold, he will keep taking it. This is a gamble. The companies invested by the Star Wish Foundation can continue to rise!

  Fang Qiuyu felt that this kind of requirement is too difficult, but for Song Yang's investment vision, his colleagues in America have already verified it for Fang Qiuyu.

Pan Jianghong and Fang Qiuyu looked at each other, and then both nodded towards Song Yang. Pan Jianghong didn't feel anything about Song Yang's request. He was mainly in charge of legal affairs and charitable business, and was responsible for spending money, as long as Fang Qiuyu kept paying , it won't affect him too much.

  Fang Qiuyu has a lot of headaches. He is in charge of the investment business, and he has to get back all the money he has thrown out. This will test his vision and skills, whether it is high or not!

   After talking to Fang Qiuyu and Pan Jianghong for a while, Song Yang raised a glass of wine towards the crowd and touched a glass together.

   "How is Sohu's preparations going?" Song Yang turned to Zhang Chaoyang and asked.

   Zhang Chaoyang, who had been waiting for a long time for a long time, said at this time, "Sohu is now the largest portal website in China!"

In this regard, Boss Zhang has absolute confidence and has the investment of the Star Wish Foundation. Sohu can't say that it is not bad for money, at least compared to other colleagues who have a hard life, haha, begging grandpa to tell grandma to pull venture capital all day long, It was definitely from a big family.

Although he wanted to tout Sohu in front of the big money lord, Zhang Chaoyang also decided the importance of it. He knew that the big money lord in front of him was a real Internet veteran, and the routines of Sohu were all played by Song Yang. !

   "Now Sohu, the main competitors are Sina, NetEase, CDC, etc., but Sohu is now the most advantageous!"

   Even if he doesn't praise Sohu, in front of Song Yang, Zhang Chaoyang can't raise other people's ambition and destroy his own prestige. Now several websites such as Sina and NetEase are really catching up with Sohu very closely.

Especially when some Wall Street and international venture capital institutions began to turn their attention to China, Sina and others began to receive large sums of money from investment banks such as Morgan and Goldman Sachs. Sohu grabbed the site.

Now, the domestic Internet pattern has also begun to emerge slowly. Yinghaiwei, Sohu, NetEase, Sina, 8848, etc. are the first echelons of the domestic Internet. Now they are all holding back their energy, wanting to be the first to eat crabs and board the Nasdaq!

   "Don't worry about America, the North American Global Investment Fund and PayPal will cooperate with Sohu to handle legal and financial issues for Sohu here. Goldman Sachs will be responsible for Sohu's listing on Nasdaq. The key is..."

  Song Yang glanced at Fang Qiuyu and Zhang Chaoyang, and they understood what Song Yang meant.

   "I have already talked to Zhang Songke from the Electronic Information Department. Over there, Sohu will not be blocked from listing, but Sohu needs to restructure its equity and business and make some changes!"

   Fang Qiuyu said that, like America, the domestic Internet industry is also crossing the river by feeling the stones. As for where there are pits, no one knows.

Song Yang nodded. He was not like those Wall Street investment banks, Silicon Valley venture capital and the like. He was so concerned about Sohu, 8848 and other companies. He wanted to copy everything from Amerika Internet Company. At that time, it must be a bloodbath in the country.

   "The North American Investment Foundation and I will support Sohu!"

Hearing Song Yang's statement, Zhang Chaoyang breathed a sigh of relief in his heart. He knew that Sina, the nemesis, was fighting so fiercely for equity in order to go public that it was almost a pot of porridge. Institutions are unwilling to give up Sina's management rights and board positions.

In comparison, Song Yang here is a world of difference, basically never intervening in Sohu's management, and the Star Wish Foundation seldom points to Sohu, and will not let Sohu do any more, with the Ministry of Electronics Industry. It's hard to get by, otherwise, with Lao Zhang's character, I don't know how many times I have fried the pot.

When Song Yang promised to let North American Investment Foundation, ICQ, Double Click and other companies secure the $60 million fund-raising stock that Sohu was going to issue, Lao Zhang, who had not had a few sips of wine, was flushed. Like being drunk.

  With Song Yang's support, Sohu doesn't have to worry, the shares issued will not be sold, and the fundraising will fail. Sohu will become the first company in the domestic Internet industry to be listed on the Nasdaq!

Song Yang talked for a while with Fang Qiuyu, Zhang Chaoyang and others, and arranged for the legal affairs and financial departments of the North American Global Investment Foundation to help Sohu talk with Goldman Sachs and other investment banks. Song Yang didn't want Sohu, etc. Capsized in the gutter.

   The domestic Internet industry, which was originally peaceful, was directly fried after a news from the Central Media International Channel came out.

"According to the latest news from ICNC TV, a delegation of a domestic Internet company has begun negotiations with investment banks such as Goldman Sachs and Deutsche Bank to agree on listing matters. , a number of Wall Street institutions have pledged to subscribe to the company's shares.

  If the issuance is successful, this will be the first time for a domestic Internet company to be listed on Nasdaq! "

   (end of this chapter)