Rebirth: From Internet to the Sea of ​​Stars

Chapter 170

Su Cheng’s words also made everyone’s heart beat. Is this to complete all the negotiations in one day?

Su Cheng just disliked the trouble, thinking that it would be done in one go.

In addition, Su Cheng is still very satisfied with the financing this time, because not only did he bring in SoftBank, a master bidder, but also some other investment banks and large companies have also come in.

Especially icbc, this is a big guy.

It happens to be able to take advantage of this opportunity for cooperation to let them help promote the issue of everyone’s payment, killing two birds with one stone.

In addition, Sioux City has been reducing its own injured shares. Even so, it still has 53%. By the end of round c, at least 45% can be left!

For everyone who has implemented the ab share system, there are no other conditions. Su Cheng’s words are everyone’s will, it’s that simple.

If it is not for the founder to hold too many shares, it will affect the confidence of investors. Su Cheng is really not going to give up the shares, because this is all money, and the money will be valuable in the future!

But even so, it is amazing. After the c round, there are still so many shares left, which is absolutely amazing.

Moreover, Su Cheng still holds a part of Facebook’s shares in his hand. Su Cheng is also planning to swap shares with Facebook during the C round of financing, and hold each other’s shares. At that time, he will definitely reduce a part of the shares.

However, no matter how much it is reduced, he will hold at least 40% of the shares in his hand in the future. With so many shares going public, it is very exciting to think about it!

“We Softbank are willing to follow suit!”

Softbank’s words once again pushed everyone to the corner, so the situation of the last negotiation turned out to be reproduced.

“I think the valuation of Renren Game Platform should reach 2 billion, sell 10% of the shares, get 200 million U.S. dollars in capital, and 2.2 billion U.S. dollars after financing.”

At this time, the equity distribution of Renren Game Platform is:

Option pool: 10.68

Su Cheng: 66.75 percent

Chen Tianqiao: 6.23%

Li Xingping: 1.78%

Jiang Luohong: 3.56 percent

Goldman Sachs: 6 percent

Red shirt: 5 percent

Relatively speaking, the charm of Renren Game Platform is not as great as Renren’s. Because Su Cheng has spun off Renren Game Company, the Renren Game Platform is also very valuable, but it is not so valuable. .

But did Su Cheng kill them as triumphs?

This time it was Microsoft who came forward, “We recognize that we hope to get at least 5% of the shares!”

This time it is much simpler. Goldman Sachs and Sequoia have kept their shares undiluted this time. They plan to go back and look at Facebook again.

It’s just that everyone has raised 5 billion. Facebook will let them go? Just Noah Russell’s mouth, can he let them go if the price soars to 6 billion?

All short-sighted guys!

The final equity distribution of Renren Game Platform is:

Option pool: 9.612%

Su Cheng: 60.075 percent

Chen Tianqiao: 5.607 percent

Li Xingping: 1.602%

Jiang Luohong: 3.204%

Goldman Sachs: 5 percent

Red shirt: 5 percent

SoftBank: 5 percent

Microsoft: 4.9 percent

This is the final amount of financing for Renren Game Platform.

However, after two rounds of B rounds of financing, the value of Su Cheng’s shares is approximately US$4 billion.

How much is this?

According to the current exchange rate, it is about 29 billion RMB. He has been in business for 18 months, which is exactly one and a half years. The growth rate of his wealth is really amazing!

After completing two rounds of financing, Su Cheng directly reorganized the company once again.

Renren Game Platform reorganized the group company and renamed it Minecraft. Its subsidiaries include: Haofang Battle Platform, 5173 Game Network, staem platform, wcg operation rights, and 20% shares of Renren Game.

Renren Games has also undergone a reorganization, including: Polaris Game Company, Dark Star Game Company, Perfect World, Clear Sky Technology, R Star Company, V Club, G3 Game Show, Marvel, plus Renren Music, Renren Film and television, novel websites, etc., together form the Polaris Entertainment Group.

Renren Technology has also undergone a reorganization, and its banners include: Renren.net, poker, riddet, 20% bib, 25% Renren Music, 25% Renren Film and Television, and how123.

The company’s reorganization this time has clarified three major series: Minecraft Group, which focuses on gaming platforms, and Polaris Entertainment Group, which focuses on entertainment, including music, film and television, novels, games, etc., as well as social networking. The main technology for everyone.

The three major groups of the company are juxtaposed, but Renren Technology also holds shares in the two major groups. Generally speaking, it is very complicated…

However, this reorganization also clarified the way forward.

Bibi and Yunge Search will establish the fourth group company under Su Cheng in the future.

Of course, this does not include the three major hardware manufacturers of Future Technology, Bluestar Technology, and Cornerstone Technology. In the future, this will also be the best tool to support Su Cheng’s “kingdom”.

At that time, Su Cheng will set up two group companies, an Apple-like company focusing on future technology, and a semiconductor company focusing on cornerstones, mainly operating operating systems, chips, processors, and lithography machines.

“Now it’s clear and plain, right? Minecraft is dominated by game platforms, plus battle platforms and game websites, and it goes deep into the entire field.”

“Renren Technology is mainly social, of course, there will be mobile Internet software like Weixin in the future.”

“And Polaris Entertainment is an entertainment group, an all-round pan-entertainment group.”

“The last thing is the bib and cloud song search, plus naver, and the future Yahoo neon, and yandex.”

Finally, Su Cheng established a company to hold shares in all of these companies, named Aurora.

The head office named after Aurora.

“In the future, two major hardware companies, four major software companies, plus clothing, convenience stores, logistics, and daily chemical products. Tsk tsk tsk, if you hang it, it will be great. Unknowingly I have come to this point. It’s really exciting!”

Speaking of it, Su Cheng still has a controlling stake in Dongdong. Maybe an e-commerce brand will be established in the future, so it really has to go deep into all aspects.

Su Cheng is still very satisfied with his results.

In fact, if it were not for the separation of Renren’s music and Renren’s film and television, Renren.com’s value would be higher than that of Facebook, but Su Cheng would not be prepared to put all the ropes on one rope.

Now Polaris Entertainment has just begun to develop, and it will also raise funds in the future, but this time should be listed in about 10 years, and Yunge Search and Bib will also be very fast, at most in the next 1-2 years. Will also be listed.

As for e-commerce brands, we have to wait 10 years before discussing the time to market.

Su Cheng already had a schedule in his mind.

After working here for nearly a week, a financing agreement was successfully signed, and Renren.com was officially promoted to a market value of US billion.

The domestic media chanted: The first domestic Internet technology company? .