Chapter 168

“Is Renren’s Series B financing?”

I nodded around, “I have already let out the news. This time I have attracted a lot of companies. The original Sequoia and Goldman Sachs, as well as Softbank, idg and other companies, all hope to get everyone’s investment opportunities.”

“When will we meet? Has it been agreed?”

“On the 24th, the first meeting, we hope you can give a specific valuation!”

“What is the approved valuation of our own company?”

The surrounding smiled and said, “In the round of financing, our valuation is US$1.3 billion, and now we are moving forward in overseas markets, and the number of users has climbed to more than 86 million, and it will be able to exceed 100 million in July to August this year. We still have a part of the stock rights in the hottest bib, as well as poker and riddet that we have developed in North America, so we quoted 3.2 billion US dollars ourselves!”

Su Cheng nodded, doubled, right?

“No, it’s too little, 4 billion U.S. dollars, according to this price, the minimum should be between 4 and 4.5 billion, not less than 4 billion U.S. dollars!”

There was a bit of tongue sticking around, and he felt that he was a little lion open his mouth, but he didn’t expect Su Cheng to be even more powerful, soaring to three times!

“You tell them clearly that if you don’t invest in this round, then I will invest myself. I have money in my hand. What I need is not money, but resources. In addition, we will only be open to round c. After round c financing is over, we will Will consider the issue of listing, so seize the opportunity and don’t let it go.”

“Understand President Su!”

Hang up the phone and once again write down Renren’s round b financing, 4.5 billion yuan, in his own notebook.

At the beginning of May, May 1st is the day when Yunge Search goes online, and at this time, Renren.com’s B round of financing has also arrived.

From June last year, the US$1.3 billion financing was finalized, but now it has only been 10 months, but in these 10 months, Renren.com has been completely different from before.

At the same time, Noah also called.

“Su Cheng, we are ready to raise money here, where is everyone?”

Su Cheng took out his notebook and shook it in front of the camera.

“It’s only 40-45? It’s a bit low, isn’t it?”

Su Cheng is a bit speechless, are you floating? “Do you think it’s a local company like you? But the valuation is reasonable. How much are you going to raise?”

“It’s the same. I don’t want to be short of money. I just hope to attract more allies, so this time I also hope that some countries can be more powerful in the local area.”

When talking about this, Su Cheng also nodded. He also had the same idea this time. This time financing is very important. It is the future pattern. If you want to continue to develop, you need not only the help of major investment banks and capital. , The local ground snake can not be underestimated.

“By the way, our side is 5 billion, not less than this price.”

“Okay, do a good job of communicating, exchanging what is needed, and have a bottom in each other’s hearts. In addition, at the end of the year, that is, at the beginning of 2007, round c will be carried out. At that time, we will open up the two major software and exchange shares. !”



Noah smiled and said, “No problem, so before the end of this year, meet in Berlin?”

“Meet Berlin!”

This time round of financing, Mike and Lucia came again. Although the price was very high, seeing the development in the past year, the price of the share they held has doubled. The global market is conquered by Facebook and everyone.

Because of this investment, the two of them have been promoted, but because they are old acquaintances, they are here again this time.

And this time on Softbank’s side, Sun Zhengyi came in person. He had already watched Renren.com. Since investing in Ali, he has also taken a fancy to many companies, but he has not received the return he deserved.

And Renren.com went to sea smoothly, especially in Goryeo and Neon, which made him regretted why he didn’t get in touch with Renren earlier, and his heart for entering the A round also boiled.

So, this time he came. He wanted to take a look at Su Cheng. He firmly believes that the founder is very important for a company to grow.

On the idg side, it was even more annoying because of the missed Penguin. You must know that the shares they sold at that time only doubled by 10 times in 2 to 3 years.

This time, Renren.com, who can compete with penguins and successfully produced overseas, made them quite jealous. You must know that Renren.com is very popular in Xiangjiang.

And this time the amount of financing will not be less than 600 million US dollars. Su Cheng is ready to sell 15% of the shares, because there are a lot of people coming this time.

Not only Sequoia, Softbank, Goldman Sachs, idg, but also Morgan, Google, Microsoft and other companies.

Most importantly, Su Cheng saw domestic giants such as icbc and Huajin Securities.

Love can not be saved, indicating that everyone is optimistic about the above, especially Su Cheng, think about what he has done, first the operating system, then the 3g technology, and he also established Bluestar Technology with Warwick. Jointly develop high-end products such as chip processors.

The future of such a company is absolutely boundless, not to mention that everyone has gone overseas, and has gained a huge market, and has also been recognized by foreign giants. It is really uncomfortable if such a company does not invest.



On April 24, a group of investors gathered together.

Before that, Su Cheng officially met with Sun Zhengyi.

“Hello, Mr. Su, I wanted to know you a long time ago. I finally saw you today. I am very happy to see you at this time.”

“Mr. Sun is the person I want to meet the most. I can see your brilliant record. I don’t know why you have to contact us in advance today!”

“I’m not here to talk about everyone’s financing. I just want to meet and get to know you as a person. At the same time, I also want to hear your views on the future social market.”

Su Cheng smiled, “What can you think about it? Now that Facebook has developed, no one of us will be afraid. In addition to Facebook, in the global market, only Microsoft’s msn still has a certain market. Of course this The premise is the current state! Nothing can happen in the future, but everyone can seize all the opportunities that belong to us!”

Sun Zhengyi was silent for a moment, and said with a smile, “I heard that you have already acquired the naver of Korea. Do you have any needs for the search market? And you also sold the shares of Qiandu!”

Su Cheng is really a little surprised. Sure enough, there is no impermeable wall in this world, but what’s the use even if you know it? .

Shen Mu has entered the final stage.

“I think you will know next month!”

The two looked at each other and smiled, and both of them had their own AC numbers in their hearts.

It’s not a good thing, but this financing is really a rare opportunity, and many people are looking forward to it. This is everyone! .

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like