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Good news came early in the morning. Chen Yao was in a good mood. After hanging up the phone, he quickly destroyed the food in front of him.
20 minutes later, Luyuan Building.
As soon as Chen Yao walked into the lobby on the first floor of the company, he met the president Guan Xinyan, who was wearing a black professional suit as always.
"You came back just in time. Investors from major companies are waiting for you upstairs." Guan Xinyan said quickly and pulled Chen Yao's arm.
Last time I was in school, I met with a capital tycoon, but the negotiation failed and the A-round financing was not successful.
Today, they came again to continue the last negotiation.
Chen Yao smiled. This time is different from last time. With the network disk, the valuation of Legend Company needs to be raised online.
5th floor, conference room.
Guan Xinyan pushed open the glass door and Chen Yao walked in.
Capitalists in suits and top-grade gold watches sat inside and drank coffee.
¡°Compared with the last time, this time there are more companies interested in Legend Company. In addition to foreign companies such as Goldman Sachs, ****, and SoftBank, ByteDance and DuNiang companies have also sent representatives.
From the bottom of his heart, Chen Yao does not reject capital investment. Since Legend built a network disk, he needs to invest in data centers and purchase network broadband. His desire for funds is stronger than ever.
The premise is that the company¡¯s valuation cannot be lowered, and you must control the majority of the company¡¯s equity.
Chen Yao walked over and shook hands with them one by one.
"Mr. Chen, it's amazing that you founded a unicorn company at such a young age!" A man in a blue suit said with a smile while shaking hands.
In the technology and Internet industry, only a few giant companies come and go. It is really refreshing for a young man to start such a powerful company.
Chen Yao sat down and said directly: "I believe you have all discussed it, how much value should you give to Legend?"
The last valuation was US$3 billion. Now that we have a network disk, the value needs to be re-evaluated!
The representative sent by SoftBank Capital, a middle-aged Japanese man named Mitsui Fuji, stood up.
He pushed up his gold-rimmed glasses and smiled: "Your company is indeed developing very fast, but how long has it been since the release of Legendary Network Disk? At present, we still cannot see the potential of Legendary Network Disk."
It¡¯s not surprising that a person who specializes in capital cannot see its value. Chen Yao looked at the representative sent by Penguin Company, the man in a blue suit, his name was Luo Yuntong.
"Have you used Legend Network Disk? Do you see its advantages?"
Luo Yuntong smiled and nodded: "It is of great value. Legend Network Disk has developed a super compression algorithm that can speed up the upload and download speed of files. No domestic company has been able to produce this technology. We are very optimistic about Legend The prospect of network disk.¡±
The current Penguin Company is like this. If you don¡¯t have the technology and can¡¯t make good applications, then you will acquire shares.
¡° Anyway, they are rich and powerful, and many small and medium-sized Internet companies have difficulty resisting their money offensive.
Chen Yao asked: "Then what do you think the reasonable valuation of Legend Company should be now?"
Luo Yuntong was very decisive and stretched out four fingers: "4 billion U.S. dollars!"
Everyone in the room was surprised. The last valuation of Legend was only 3 billion, and it has risen to 4 billion so quickly!
In other words, if Chen Yao spins off Legend Netdisk and establishes a company, it will also be a unicorn worth US$1 billion!
In such a short period of time, two unicorn companies have been cultivated. The speed is not only the first in the world, but also the first in Asia!
However, Chen Yao was not satisfied.
He shook his head and said: "This valuation is still low."
?? 4 billion U.S. dollars, this is also low, the network disk alone gives you a valuation of 1 billion U.S. dollars, what else do you want?
The investors at the scene felt that he was like a beast, even more ferocious than the capital predators.
Chen Yao said in a slow tone: "Do you know Dropbox? It is a famous cloud storage company in the United States. Their company's current valuation has exceeded 9 billion US dollars."
? Dropbox was founded in 2007 and is headquartered in San Francisco. It is a world-famous personal cloud disk company.
It is so famous, the investors present must know it.
But¡¡
Luo Yuntong smiled and said: "Compared with Dropbox, your company is too different."
"That's because you haven't seen the true value of the legendary network disk."
Chen Yao puts down the coffeeI drank a cup, opened my laptop and operated it, and the big screen behind me lit up.
A line of big characters appeared above¡ª¡ª
Legend Netdisk is a super incubator!
Super incubator?
Chen Yao faced the capital giants with a confident smile: "With the advent of the 5G era, network cloud disks will become more and more important. It is not just a simple file resource storage tool, it is also a collection of massive file resources. Land. What does this mean"
He paused for a moment: ¡°Through it, Legend Company can incubate multimedia applications such as videos, novels, music, games, etc.!¡±
"Its traffic will soar. What does the traffic mean? I believe Penguin knows better than me."
Luo Yuntong smiled, but he still had doubts: "No matter how big the traffic is, how big can it be?"
Chen Yao said confidently: "The users of Legend Netdisk will experience explosive growth in the future, and the number of users will exceed 1.2 billion! Penguin's WeChat only has this number of users, right?"
ThisLuo Yuntong was shocked!
Penguin has been singing all the way in the PC era, and almost any application can become popular. However, in the mobile Internet era, their short videos have completely lost to Douyin.
How Douyin developed? It was successfully incubated with the help of Toutiao¡¯s traffic.
??Toutiao relies on their algorithm, while Legend also relies on algorithms. The difference is that the former is a recommendation algorithm, and the latter is a compression algorithm.
Penguin has algorithm technology, but it can¡¯t provide that kind of experience.
If it is true as Chen Yao said, Legend will become a terrible opponent, yes, a powerful opponent that can threaten the giants.
Because you can¡¯t predict whether the legendary network disk, once it evolves into a huge incubator, will incubate super applications that are popular across the country or even the world.
Chen Yaodao: "The technology we have mastered can not only speed up the upload and download of files, but also save a lot of server and broadband resources. What does this mean?"
He glanced at the crowd and said: "Legend Network Disk will become the first personal cloud storage company in the world to achieve profitability!"
The operating costs of network disks are extremely high. Purchasing servers and broadband costs a lot of money. No company in the world has yet achieved profitability in its personal network disk business.
Most companies are burning cash.
Based on his skills, no one will doubt that what he said is true.
Once Legend Netdisk achieves profitability, it will embark on a more glorious golden road!
The momentum is like breaking bamboos, destroying cities and villages, and no one can stop the development momentum! (Remember the website address: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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