Chapter 608: Shi Yuzhu: I don't believe I can't do you

10 billion?"

Hearing this number, Shi Yuzhu gasped.

It is impossible to say that Shi Yuzhu is not impressed by the number of 10 billion.

Even Shi Yuzhu thinks that he is a genius and has achieved financial freedom.

But the wealth freedom of these hundreds of millions of assets is not comparable at all compared with others earning 10 billion a year.

It's like the difference between a small asset and the richest man in the world.

Of course, he didn't think Chen Yu was bragging.

Although Huanyu Technology has not released their specific annual report, they have several games with 1 million online at the same time, which is enough to prove their profits in the online game.

If Chen Yu's assets are exposed now, or if Huanyu Technology is listed.

Then Shi Yuzhu believes that Chen Yu is definitely the richest man in China.

In fact, it's not just them, even if it's just a game with hundreds of thousands of simultaneous online games, it's already very profitable.

NetEase made a lot of money by talking about Journey to the West.

Jiucheng also made a lot of money by miracles.

The grand legend has always been their cash cow.

Even if it is actually a mediocre Jinshan swordsman relationship, it earns very well.

It's just that although he is extremely excited in his heart, Shi Yuzhu is not a person who trusts others so easily.

He was thinking, what did Chen Yu come to him for today?

Did he really want to talk about school feelings with his senior brother?

How is this possible.

"Mr. Chen, why are you telling me this?"

Chen Yu called Shi Yuzhu his senior brother, but Shi Yuzhu didn't care so much about calling Chen Yu his junior brother.

For Chen Yu's arrival today, he is actually extremely vigilant.

"It's very simple, I just want to say, making games is very profitable, why not make games?"

"You mean I don't want to do 51.com?"

"It's about the same, the strength of the game to make money is 100 times that of 51.com, and it doesn't matter if 51.com does it or not. ”

Looking at Chen Yu, Shi Yuzhu pursed his lips: "Mr. Chen, if my expectations are good, it seems that you are also going to launch a social networking site similar to our 51.com." ”

"It seems that Mr. Shi is well-informed. ”

Chen Yu didn't hide it either, and nodded directly.

In a few days, YY Space will be officially launched.

"Hehe, Mr. Chen, the purpose of your coming to me today is not simple. ”

Shi Yuzhu smiled.

Sure enough, it was not a good thing for Chen Yu to find himself today.

However, Chen Yu also underestimated him too much.

Although Huanyu Technology is very strong, he Shi Yuzhu is not frightened.

"Senior brother seems to be very wary of me. ”

Chen Yu was helpless.

And indeed.

As a competitor, Shi Yuzhu would believe him.

Besides, it seems that he is not embarrassed to say this.

The game is more profitable.

But it seems too arrogant to ask others to give up what they are doing now.

"Forget it, senior brother, think about it. ”

Knowing that this matter could not convince Shi Yuzhu, Chen Yu did not say more.

However, before leaving, Chen Yu asked: "Senior brother, is the content or the channel important to make a website?"

"Of course, the content is important. ”

Shi Yuzhu said directly: "It is impossible for a website without excellent content to retain users. ”

"Makes sense. ”

Chen Yu nodded: "But it also depends on the situation." ”

"If you're in a relatively mature field, content is of course becoming more and more important. However, in a nascent field, the most important thing at the beginning is often the channel. ”

This is also a point of view mentioned in the previous life - "channel is king".

To put it more clearly, whoever controls the traffic has the right to speak.

Of course, channel is not set in stone.

In an era when the internet is becoming more and more mature, content will outstrip channels.

But in the 2004 era, it's almost fair to say that channels trump all content.

However, it is clear that in the early days of the Internet, many people wanted to verify whether this was true or not.

After meeting with Chen Yu, Shi Yuzhu returned to 51.com.

And, on the same day, he convened a meeting with the company's top management.

In the meeting, Shi Yuzhu told everyone about meeting Chen Yu.

All the high-level officials had serious faces.

Regardless of whether Chen Yu is right or wrong, Huanyu Technology is the most powerful competitor they have encountered.

However, despite this, Shi Yuzhu did not panic.

Although Huanyu Technology is powerful, it is not invincible.

At present, 51.com has accumulated a certain number of users and has formed a small reputation.

And because of its positioning in social networks, the development of 51.com is simply explosive.

Through word of mouth, 51.com has gained a lot of capital attention.

Shi Yuzhu didn't particularly want to raise funds before, but now he can meet with these capitals.

As long as 51 networks are funded, then he can have a good fight with Chen Yu.

He didn't believe it, if they took the first step, they wouldn't be able to win against Chen Yu?

However, although Shi Yuzhu thought of financing, Shi Yuzhu was not an ordinary business manager.

He understands the workings of capital and the unique appeal of China's Internet.

To this end, Shi Yuzhu contacted several venture capital firms.

SoftBank, Goldman Sachs, Sequoia Capital, PCC...... Wait a minute.

All of these capitals have invested in a large number of Internet companies in China and have achieved rich returns.

For 51.com, a group of capitals are also extremely interested.

But it is clear that Shi Yuzhu is not a novice to capital.

Under Shi Yuzhu's capital operation, Goldman Sachs finally decided to invest 300 million yuan to obtain 30% of the shares of 51.com.

This is also equivalent to the valuation of 51.com approaching 1 billion.

It should be said that this valuation is on the high side.

Although 51.com is doing well, it has not been established for a long time.

It's just that the growth rate has been very obvious recently.

But even so, the valuation of 1 billion yuan is on the high side.

But that's what the internet is.

The valuation of high-growth companies is bound to be not low, and once you miss it, you will never have a chance to get on the bus.

Moreover, China's Internet has developed rapidly in recent years, and their performance in recent years has been overlooked.

As long as they have invested, all of them have performed well.

Shanda, in particular, has recently launched a roadshow on the NASDAQ.

Once successfully listed, they will reap a significant return on investment.

However, just when Goldman Sachs was preparing to sign a formal investment contract with Shi Yuzhu, Huanyu Technology released their YY space business.

According to Huanyu Technology's regulations: all YY instant messaging users can get an exclusive space.

The space can upload diaries, photos, and interact with other friends to leave messages.

Of course, it is also possible to create a more personalized and exclusive space.

All right.

In fact, many people don't know what this YY space is for at first.

However, Internet products have always been simple and easy to use.

I don't know what this thing is, but I just click to enter it and figure it out a little bit of fumbling around.

As for if you don't understand.

That's okay.

Take a look at your friend's space and you'll know how to do it.

......

"John, let's go early today and give them a good impression. ”

"BOSS, does 51 Telepresence have such great potential?"

"Of course, if you look at what Facebook has become recently, I can tell you that 51 is China's Facebook. ”

"Lorne", the head of Goldman Sachs Capital China, sorted out the documents, confirmed that there was no problem, and he was ready to go.

Although the investment valuation is slightly larger this time, it is also worth it.

Especially when he thought about Facebook, Lorne felt that this was a once-in-a-lifetime opportunity.

It's just that just as Lorne was about to go to the hotel to sign a contract with 51.com, the secretary suddenly arrived.

"Head, Huanyu Technology has launched a business called YY Space. ”

"YY space?"

"Yes, this business is basically the same as the positioning of 51 network. ”

"This ......"

Lorne was stunned when he heard the news.

Then, he quickly opened his laptop and experienced YY Space for himself.

"Give 51 a phone call and say that the signing arrangement will be postponed. ”

Closing his eyes, Lorne said helplessly.