Wall Street Legend

  Chapter 89 The penguin who wants to buy the fox

   There are very few people who are willing to give up high-quality potential stocks. Those that Ye Dongqing has come into contact with recently are all slightly bigger fish in a fishing net.

For example, Google, the executives of Yahoo this year even thought of buying it for 5 billion US dollars. The valuation is higher than that of Amazon, which is already listed. speed growth.

Under such circumstances, unless there is no money, no one is willing to sell its shares early. If this trend continues, they don’t know how much money they will make in the future, but the probability of making a profit is relatively high. Many top Wall Street investment banks , Fund companies are eyeing it, there are more wolves than meat, Ye Dongqing has no way to compete with them.

  The reason why I couldn’t go to Seattle was because the MIH Group joined forces with Bonny Ma and unexpectedly turned to him and wanted to talk to him about financing.

With a valuation of 220 million U.S. dollars, I hope to raise a full 50 million U.S. dollars from him, and I am not willing to accept it if it is less. With this figure, Boney personally called to discuss this matter. He is going to initiate an acquisition. The funds were used to merge a small company named "Sohu" and began to enter the field of portal websites.

According to Bonnie Ma, this company is currently listed on NASDAQ with a market value of more than 110 million US dollars. Recently, it intends to sell a large amount of shares, and it can even complete the delisting work. Bonnie hopes to use shares plus cash way to complete the acquisition.

Being fanned by Ye Dongqing's "butterfly wings", history began to change. Considering that the number of QQ users has exceeded 100 million, portal websites can certainly be done, but they still need to be considered. After all, it involves 50 million US dollars, which is definitely not a small number.

  After finishing the call, he immediately turned on the computer and searched for information about the company Sohu. As a company listed on NASDAQ, English financial reports are a must.

After looking at it for a long time, I finally got a clear understanding of the company Sohu. For example, on the first day of listing in July 2000, the stock price reached a high of just over thirteen dollars, and then plummeted rapidly, and is currently only at $2.60. Hovering around, almost given up by investors.

They were baptized by the collapse of the Internet bubble when they first went public. Now the three big brothers, Sina, Sohu, and NetEase, which are listed on Nasdaq, have become brothers and sisters, and their capital flow is in trouble. Sina has recently begun to climb slightly. Still the same.

Tencent's current valuation is not as high as 220 million U.S. dollars, but as long as it can get a large amount of shares, this figure is not unacceptable. What really makes Ye Dongqing anxious is that he doesn't know that after the acquisition of this company, Tencent will not be able to do so. Whether it will become the Tencent he knows is a critical stage in the early stage of development, and a little change may affect the future trend.

   After all, I still don’t understand the Internet companies on the other side of the Pacific Ocean. Instead of Google, Facebook, Netflix, etc., Ye Dongqing is very clear about their development process and where their profit points are.

Although Bonnie didn't say it, he could guess that he wanted a reverse merger (backdoor listing). This flexible listing method existed decades ago. It is estimated that he encountered some troubles on the Hong Kong Stock Exchange. At the time of the road show, I heard people mention that it would not be listed in the near future.

  In addition, Ye Dongqing can only own passive equity after financing, which is also a problem that has to be considered.

  The so-called passive equity means that no matter how many shares you hold, even 99%, you cannot forcibly interfere with the company’s decision-making and operations, relying on other shareholders to decide how to develop, and enjoy the benefits and losses brought about by equity alone.

  As for the 50 million US dollars, Ye Dongqing has some money on hand, and relying on the ability of Freshwater Fund to attract money, the rest will definitely be collected in ten days and a half months. The only question that needs to be considered is whether to agree to the other party.

   Judging from the performance of the MIH Group, the company probably has doubts and is only willing to contribute 20 million US dollars in funds. The last time it was in contact with Ye Dongqing, it still had a tough attitude and changed its mind a little bit quickly.

As a businessman, profit is the first priority. There are too many start-up companies with promising prospects that fail halfway. No one wants to put all their eggs in the same basket. Even Ye Dongqing knew that Amazon would be popular, so he also invested in Netflix and Apple. stocks to hedge risks...

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  No matter how good Tencent is, it is someone else's company. Facebook is Ye Dongqing's "son" created by Ye Dongqing.

He has no ability to intervene in specific development work. He has so much knowledge in his head. He knows nothing about programming development. He is only responsible for product positioning and company management. After nearly two months of development work, more than 20 programmers from FB company Members, finally approved this Beta version, ready to open a new round of testing to the public.

Originally, it would be enough for a month, but the plan could not keep up with the changes. During this period, employees often came up with some new ideas. Ye Dongqing also discussed with Mr. Alfred House every now and then to add some new things to make the product more complete. The price was the little over ten thousand dollars in cash, and more than two million dollars were quickly spent.

Zhao Liuli will have the stitches removed tomorrow, which is related to whether the girl can see things again. Ye Dongqing is a little nervous. The two have "reunited" for more than a month, and their relationship has only improved slightly. Except for the time when they ran to Xiangjiang, they got along well The time is actually not much.

  Going to the orphanage for a few days, this had some impact on Zhao Liuli, it was difficult to accept him easily, and because of his young age, it was not surprising that there was a gap.

  After delivering meals to the hospital, Ye Dongqing drove to the new building next to the park, and saw Paul Kutcher there by accident, and said in surprise, "You actually come to work in the company?"

"Students from Harvard and Stanford just attacked the website and tried to change the beauty pageant rankings. It seems that those little guys have a lot of opinions. I will improve the firewall and leave immediately." Paul did not like Ye Dongqing who threatened him. Money is willing to help.

Last week, he put the stolen information of more than 40 university students, together with their names and photos, on a certain website, and began to let the students of these schools vote spontaneously. The beauty pageant was named "Who is the school?" Queen?", only women's photos are posted, men are excluded, and the lower-ranked information is deleted every day. Recently, the competition has become more and more fierce.

  According to Ye Dongqing's idea, now there is a scuffle in the school, and then let the three most beautiful girls from each school compete together for the "Queen of All American Universities".

Students like this kind of activity. After Paul posted the URL on their school website, it spread after a few days of fermentation. Today, the number of hits exceeds one million every day. Whether it is a student in the school or other people outside the school, all can vote …

  (end of this chapter)