Rebirth: From Internet to the Sea of ​​Stars

Chapter 169

After the two people exchanged, they walked into the lobby, and the B round of financing officially kicked off.

“Everyone has come all the way from far away. I won’t say more if it’s superfluous. This time everyone is valued at 4.5 billion U.S. dollars and sold 15% of the shares to get 675 million U.S. dollars. After financing, it’s 5.2 billion U.S. dollars. Please evaluate. Bar!”

Su Cheng’s crispness makes everyone very uncomfortable. Shouldn’t we talk a little bit and then talk specifically, see-saw-style talks?

You just used a big move, what’s going on?

Lucia and Mike laughed bitterly, and again, so strong, extremely strong!

As strong as Noah Russell on Facebook, but the key is that they are not short of money!

A group of people buzzed and discussed.

Su Cheng leaned back on the chair, squinted and said with a smile, “Those who don’t approve of this valuation can go, don’t give it away!”

This attitude makes people feel super unhappy, but it’s all money? Why~ Why are you having trouble with money?

It was the first time for Morgan to come to Renren, and they were still a little uncomfortable. They asked quietly, “I can ask, how did you raise Renren’s valuation so much? This is almost a round of 4 Double-up!”

Su Cheng smiled and said, “Because, I don’t lack-money!”

This sentence makes people want to hit people. If you don’t need money, why are you financing? Oh, why do you use your own money to start a company?

That’s not for the money, but for the resources behind the investment banks. Thinking about it this way makes sense.

“Okay, let me explain it to you! I won’t say that my lion speaks loudly!”

“First of all, let’s see. Everyone has a controlling stake in LinkedIn, which is a professional high-end social software, and we also hold a 20% stake in Dingding, the domestic version of this high-end social software. .

We founded poker and riddet in North America. At present, the two websites have registered more than 1 million. Before the end of this year, the two websites will each have at least 20 million registrations.

Everyone owns 20% of Bib’s shares in China, and these companies are all founded by me. Bib’s comparison is Facebook’s Twitter.

Globally, we have 157 million registered users in ** China and 86 million registered users overseas. By August this year, we will reach the goal of 200 million registered users in China and 100 million registered users overseas. The goal of 400 million registered users worldwide will be reached by the end of the year! ”

“Finally, everyone has me!”

“This is my confidence and confidence in the price of 4.5 billion U.S. dollars, so I said at the end, those who do not approve can go, and after one minute of approval, we will formally discuss the equity allocation!”

What can you do in 1 minute? Can’t do anything.

However, now one minute can determine the direction of Renren’s Series B financing.

Qin Weimu carried the camera to the side to shoot. These are all top secrets of the company. I don’t know how many years in the future, it will be unblocked, but this kind of image is a rare historical material.

However, Qin Weimu was a little nervous, because Su Cheng was so arrogant, it felt like he was sitting there, “Me, Su Cheng, pay money!”

Several investors looked at me and I looked at you, but none of them left, and they almost laughed as they sat around. The scene was really funny.

At this time, Sun Zhengyi broke the deadlock, “SoftBank recognized that we think everyone should be valued at 5 billion U.S. dollars, and we hope to get at least 6% of the shares. Of course, if we can win all of them, it would be even better!”

Wang Xing drove the video system in North America. Watching this financing meeting, he still sighed in his heart. As expected, Mr. Su, who has courage, and Sun Zhengyi is even more cows, and he raises the price in the opposite direction!

At this time, even Su Cheng couldn’t help but look at Sun Zhengyi.

Me, Sun Zhengyi, send money!

There are not many people who are ruthless, and they are talking about this kind of people!

Sun Zhengyi looked at Su Cheng admiringly. He liked this young man so much.

Take a look at his record. Renren.com, Renren’s game platform, Renren Music, Renren Film, Future Technology, Cornerstone, and also acquired Naver and his own search software. This is a treasure!

Everyone in the future is definitely worthy of his current investment. No matter how high the price is, he also recognizes that the most important thing is how many shares he can get. This is the most important thing.

A group of people are scolding Sun Zhengyi in their hearts, you are immortal, his price is high enough, you still recognize it? Are you crazy? And you also raised the price in the opposite direction. Did you ask Su Cheng to ask for it?

But icbc said, “We approve the valuation of 5 billion and expect to get 5% of the shares!”

Huajin Securities also said, “We approve the valuation of 5 billion U.S. dollars and expect to obtain 4% of the shares!”

A group of people are dumbfounded, what the hell? How could this be?

The three of you have all taken up their shares this time? what should we do?

As a result, every one of them started to make quotations, as well as the shares they hoped to obtain. So Su Cheng had to let go of the shares again, this time at a valuation of US$5 billion, releasing a total of 18% of the shares and obtaining a financing of US$900 million.

· ······· Ask for flowers·········

It’s all money, Sun Zhengyi, a good man!

The quarrel at the scene was inconvenient, but in the end an agreement was reached.

It’s strange to say that people always release fewer shares than one financing, but everyone is more and more. The first time is 12%, the second time is 18%, and the two rounds of release are 100%. For 30/30 shares, there is also a C round.

The previous share allocation was:

Wang Xing: 4.4%

Around one: 4.4 percent

Su Cheng: 66%

Goldman Sachs: 6 percent

……… … …

Red shirt: 6 percent

Option pool reservation: 13.2%

Now it has to be diluted proportionally, and more investment institutions have been introduced this time.

And Su Cheng also cashed out percent

The final share allocation is:

Su Cheng: 53%

Wang Xing: 3.608 percent

Around one: 3.608 percent

Goldman Sachs: 6 percent

Sequoia: 6 percent

SoftBank: 5 percent

icbc: 5 percent

Morgan: 3%

Microsoft: 1.74 percent

Google: 1.1 percent

Huajin Securities: Percent

Option pool: 10.824%

This time, Goldman Sachs and Sequoia did not lead the investment because they felt that the market value was too high and risky, but they did not want their shares to be diluted, so they had to follow suit.

18% of the financing went out and received US$900 million in cash, and Su Cheng cashed out a percentage of US$56 million, which is not much. It just so happens that the money can go to Mao Xiong’s house to buy Yandex.

Why do you want to give Joaquin? It still has to be arrogant. It’s so good, how can you not give a share, and support him so much.

“OK, thank you for your financing, and I believe that in the near future, your investment this time will give you a generous return. So, we are here today! Finally, I would like to ask, are you interested? Invest in the Renren game platform?”

Su Cheng’s words also made everyone’s heart tremble. You are here again, don’t you? Son.