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Chapter 223: Yahoo¡¯s Round A

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    "You'd better take a look at the document, there is something new."

    "Is it good news?"

    Qi Yafei didn't bother to answer him, the documents are all done, won't you read it by yourself?

    He sat on the sofa and stretched his legs comfortably, picked up the French red wine and tasted it, and thought it tasted good.

    Wang Yaocheng opened the folder and looked at it for a while, then closed it with a bang, and threw it aside, with two long legs raised high on the desk, shaking it leisurely twice.

    Said; "Softbank wants to make this catfish, but the portion is not enough! Sun Zhenyi's appetite is a bit too big, and if he wants to spend the 100 million US dollars, it may cause public outrage."

    Qi Yafei; "Who says it's not? They are all a group of guys who eat people and don't spit out their bones. Old friends Goldman Sachs, Citibank, Blackstone Fund, Microsoft Investment, and new friends Sequoia Investment and HSBC Bank are not good friends.  Compared with these established investment institutions, Softbank's shoulders are still too tender.

    Among the Yahoo search valuations reported by these investment banks, they range from 350 million to 680 million yuan. Only Softbank reported a valuation of 1 billion yuan. We released only 20% of the shares this time, and planned to raise 200 million US dollars.

    For these seven companies, Softbank has put out 100 million US dollars at once, and wants to occupy half of the share. The appetite is really big.

    hey-hey!

    I'm afraid that he will be turned into a hole by other established investment institutions, and I will have fun watching it then.  "

    heard the words

    Wang Yaocheng also laughed; "Fuck, I don't care about these silly things, let them fight each other, and the valuation of Yahoo search is set at 1 billion. You recently took the time to complete the A round of financing.

    Calculate the time, as early as November at the end of the year, Yahoo Search will start the B round of financing, and the time interval will be about seven or eight months. At that time, another wave of money will be collected for the construction of a big data center.

    When the A and B rounds of financing are burned out, the construction of the big data center is almost ready to meet the needs of user access.

    At that time, the investment in fixed assets should be suspended for a while, and the financial report will show a trend of high profit growth, and a better financial report will be published, and the C round of financing before listing will be prepared, and then another round of circles will be made.

    If it is done well, maybe the miracle of Netscape will reappear.  "

    "Hehe, you still don't believe that you are a financial fan." Qi Yafei said dumbfounded; "You mean after the completion of Netscape's road show, the issue price doubled before the listing, from 14 US dollars to 28 US dollars.  The Starq market is also unique, so don¡¯t have that kind of unreasonable thinking.¡±

    "It's all about human effort. Success can be replicated. It depends on how well your reports are doing."

    "Don't worry, you will be satisfied."

    "I'm satisfied for nothing! The key is to be satisfied with the venture capitalists, recognized by the market, and press the big advertising customers. The increase in advertising fees should be reflected in the second half of next year as much as possible." Wang Yaocheng is quite treacherous.  It's smooth.

    "Obey, boss."

    "By the way, there is something else I need your help with."

    "Hey! Wait a minute, I suddenly remembered that there are important things I haven't done in the office." Qi Yafei couldn't sit still. Wang Yaocheng's polite opening was very abnormal. Even if he thought about it with his heels, he knew that it was difficult to handle. The matter was very difficult.  .

    "Wait a minute, I'll have a look at this report before I approve it." Wang Yaocheng took the report and threw it in a drawer, and said slowly; "Brother Yafei, you know that my advisors, Professor Sun Zhongxiu and Professor Qian Fu,  Now employed in the Athlon chip project team to participate in the research.

    According to the level of these two mentors, it is no problem to be the leader of a research group. You can help me figure out a way for this matter. I will count it as a favor from you.  ah!  "

    This request made Qi Yafei really dizzy.

    It's not easy to invite a master of science and technology. At the beginning, Dr. Gary Sinise was kindly invited to join the cutting-edge Athlon chip project. Qi Yafei took his men and ran more than ten times.

    personally promise;

    Dr. Gary Sinise personally leads the scientific research on the Athlon chip, and will not intervene in a leisurely manner. This is a gentleman's agreement.

    Moreover, Dr. Gary Sinise is definitely an old stubborn academically. He is extremely serious about scientific research and does not show any human feelings. If the academic level of the research team leader cannot be recognized by him, let alone the door, there is no window.

    It's useless for anyone to say.

    If Qi Yafei dared to bring it up, the old stubborn would be able to drown him with his saliva,

    The cutting-edge project of the Athlon chip is too important, this is theA round of financing was successfully completed, and 20% of the shares were released at a valuation of US$1 billion. Seven investment institutions received US$200 million in financing, and the equity was reset.

    ? After the dilution of Yahoo¡¯s shareholding distribution, the shareholding ratio of angel round investors has decreased.

    in;

    The founder and angel investor Red Hat's shareholding has been reduced from 88% to 70.4%.

    The founder Dr. Fei Luo's shareholding was reduced from 5% to 4%.

    The founder Yang Zhiyuan's shareholding was reduced from 5% to 4%.

    ? Angel round investor Qi Yafei and the senior management team¡¯s shareholding decreased from 2% to 1.6%.

    Goldman Sachs holds 3.5% of the shares.

    Microsoft Corporation holds 3.5% of the shares.

    SoftBank holds 3.5% of the shares.

    HSBC holds 3.5% of the shares.

    Citibank holds 2% of the shares.

    Blackstone Fund holds 2% of the shares.

    Sequoia Capital holds 2% of the shares.

    After a lot of games, under the siege of the old investment banks in the United States and the United Kingdom, Sun Zhenyi of Softbank was soft as expected, and the 100 million US dollars he brought was not sent out.

    If Wang Yaocheng hadn't considered the positive impact of Softbank's catfish and resolved the criticism by giving him a 3.5% investment share, Sun Zhenyi would have been bullied by these established investment banks.

    On this one-third of an acre of land, it is not enough to be rich, you have to have a solid background.

    ?Compared to banknotes, the companies shortlisted in this A round are all richer than Softbank. Bullying Sun Zhenyi is like a child, and there is no need to reason.

    The American guys and the British guys have always only recognized their strength. The lackeys are naturally short, and they dare to grab food from their masters.

    Wang Yaocheng can no longer control these nonsense matters. His attention is now drawn to the distant Boston, where a major merger and acquisition that has caused a sensation in the United States is brewing.  (Remember the site URL: www.hlnovel.com
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