Chapter 542: Slaughtering Fat Sheep
Alan and Mike met and talked with Yu Wenfei for a whole day, and only Effie was present during the whole process.
Except for these four people, no one knows what they all talked about.
But when Alan and Mike return to the United States, they are all smiles on their faces.
............
"Even if Allen and their founders still hold some shares, the nearly seventy percent of the shares held by Vivendi alone are a lot of money, and we have ...... in our company account," Effie said again.
According to the results of Yuwenfei's discussions with Alan and Mike, Facebook Games will invest in the acquisition of all shares from Vivendi, and then become the controlling shareholder of Blizzard.
However, Facebook Games will give Allen the greatest autonomy to support their boutique game concept and will not interfere in the company's internal management affairs. And, when Blizzard needs it, it will provide more money to develop the game!
Alan and Mike are of course very happy, this is equivalent to an extra big financier, and this financier does not interfere in the management of the company.
Therefore, the two promised Yu Wenfei that they would cooperate with his actions and put pressure on Vivendi's side.
So, the remaining question now is that Facebook Games must first prepare enough funds to complete the acquisition of Blizzard's shares.
That's not a small amount of money!
According to Mike's estimates, it would take at least $1 billion to get back the 70 percent Blizzard stake from Vivendi, and Vivendi might even offer a higher price.
"Facebook Games still needs financing, and this time it will have to raise at least $1.5 billion to be safe. Yu Wenfei said with a frown.
If you want to safely get back Blizzard's shares from Vivendi, it is obviously impossible without more than a billion dollars.
Although Blizzard's World of Warcraft has not yet been listed, and the company's market value has not skyrocketed, it is not cheap for the company's influence and status in the game industry!
More than 100 million dollars, is it worth it to buy a game company?
If you take these billions of dollars to invest in other industries, such as the PC or mobile phone industry, or even to acquire other technology companies, will the return on investment be more objective?
For this problem, Yu Wenfei has not thought about it.
From the point of view of ROI alone, buying Blizzard is definitely not a good investment, even if World of Warcraft will be popular all over the world in two years.
Not to mention, in 2003, there were so many things that could be done with billions of dollars!
However, if you miss this opportunity, if you want to win Blizzard in the future, the price and difficulty will be greatly increased.
In the end, Yu Wenfei decided to be willful once, which can be regarded as from the perspective of a game lover, Blizzard's status in the minds of gamers is absolutely unmatched.
If you control this company, then in the future, Blizzard may not take so many detours, and will also contribute more and more fun games to players around the world.
............
"Mr. Fei, Mr. Sun will come to the magic capital tomorrow, didn't you say that you have something to talk to him? He asked me to make an appointment with you in advance, and I will visit you in the company tomorrow afternoon. Xue Chunhe said to Yu Wenfei.
In the previous paragraph, he said that Masayoshi Son was coming to the magic capital, because the recent success of Facebook Games had made those high-ranking officials at SoftBank's headquarters happy, and Masayoshi Son wanted to come over in person to congratulate Yu Wenfei.
There are now only four shareholders of Facebook Games, Yu Wenfei, SoftBank Capital, Cai Congxin and Effie. Of course, Effie Cai Congxin will not talk about the shares. The one who really controls the fate of Facebook Game is Yu Wenfei, who holds 89% of the shares in his hands!
SoftBank Capital owns 9% of the shares, which is also a significant shareholder.
Therefore, Facebook Games can achieve such good results, and SoftBank is of course happy.
"Oh, Mr. Sun is coming, welcome, welcome! I do have something to discuss with him. Yu Wenfei said with a smile.
On the second day, that is, the fourth day after Yu Wenfei and Alan Mike met and talked, Son Zhengyi, Xue Chun and a group of SoftBank Capital came to Xinzhuang Science and Technology Park again, and Yu Wenfei, Cai Congxin, and Effie went downstairs to greet them.
"Haha, I haven't seen you for a long time, Yuwen Feijun has run the Facebook company even more prosperously. As soon as they met, Sun Zhengyi bowed deeply to Yu Wenfei, got up and said with a laugh.
Masayoshi Son is happy from the bottom of his heart, when he invested in Facebook, in fact, there were still some objections within the company.
Some on the board objected, saying that Facebook wasn't worth that much money and that the investment was too risky.
But Masayoshi Son presided over the decision to invest in Facebook.
With 400 million US dollars and 10% shares, this year, even from a global perspective, it is the largest venture capital in the Internet industry!
Even though it's now the middle of the year, this investment is still unsurpassed and may even be the largest investment of the year.
But all of this, for now, is worth it.
Facebook's development is moving steadily, the number of user registrations and daily active users has been increasing, the former competitor Sina Blog is now almost unmoved, and the new Sohu blog is not qualified to speak out at all.
It can be said that in terms of social networking sites in the mainland, Facebook is a well-deserved hegemon.
What surprised Son even more was the performance of Facebook Games.
The company had just been spun off from Facebook, and in his eyes, it was just a beneficial supplement and monetization channel for Facebook.
However, the successive launch of the Facebook chess and card game platform and Facebook Battle.net subverted his imagination.
Especially on Facebook Battle.net, there are 20 million people online every day!
According to Son's understanding, let alone the mainland, even in the world, there is no game platform that can achieve 20 million online per day.
In fact, not to mention 20 million, not even 5 million!
The most popular online game, the legend of Shanda Agency, the number of daily online users on the mainland is the highest peak of 5 million, and the daily average is about 2 million. Counting the legendary players in the world, it should not exceed five million.
As for Blizzard's Battle.net, the average number of online players per day is only about one million.
In such a comparison, Facebook Battle.net is obviously "standing out from the crowd", leaving all opponents far away from nine streets!
And such a result was achieved in less than two months!
Therefore, now the status of Facebook Games in the hearts of Masayoshi Son and SoftBank Capital has risen significantly, and it has approached the status of Facebook.
This time, I came here to congratulate Yu Wenfei, and secondly, Son also wanted to inquire whether there were any financing plans for Facebook and Facebook Games.
If there is, then SoftBank will definitely continue to participate, if not, then Son Masayoshi intends to persuade Yu Wenfei to let him start a new round of financing plan!
SoftBank's stake in Facebook is too small, which makes Son a little unhappy.
How can such a promising company take only a small stake.
The group came to the large conference room on the top floor, and Cai Congxin and Effie first reported on the recent situation of some companies, and Son nodded frequently while listening.
A lot of things, in fact, Xue Chunhe often informed him.
Anyway, SoftBank also has a seat on the board of directors of Facebook, and of course it will not be indifferent if it invests so much money, and the company's important data is often copied to Xue Chunhe.
"Very good! According to this trend, Facebook and Facebook Games can actually start to consider going public!"
After listening to the work report, Son said with a smile on his face.
Yu Wenfei shook his head slightly, "Mr. Sun, Facebook may be listed earlier, but Facebook Games will not be listed in a short time." ”
Son was stunned for a moment, and asked rhetorically: "Why? I see that the momentum of Facebook games is even stronger, and the game projects will be more monetizable in the future, and after the listing of Facebook games, the market value may be higher than that of Facebook!"
"Because Facebook Games still needs to continue to raise funds for development, it is not a good thing for it to rush to go public. Yu Wenfei explained with a smile.
"Aren't we just raising 100 million dollars internally, and it doesn't seem like there's anything to spend a lot of money on this period of time. Son asked, puzzled.
"It's coming soon!"
Yu Wenfei looked at Effie, "Tell everyone about that." ”
Effie certainly understood what "that incident" meant, and she was ready for it, with Masase saying: "Facebook Games is preparing an acquisition that requires a lot of financial support. ”
Another acquisition?
Son Zhengyi, Xue Chunhe, and Cai Congxin all cheered up, the last time Facebook Games acquired Ogilvy, but it brought such a "big killer" as Facebook Battle.net to the company!
It is no exaggeration to say that the launch of Facebook Battle.net has definitely increased the valuation of Facebook Games by at least fifty percent!
What surprises will this acquisition bring to everyone?
"Mr. Fei and I have discussed, and now there is a good opportunity for us to acquire Blizzard......"
"Poof......
"What?"
"Blizzard?!Are you crazy?!"
Xue Chunhe, who was drinking water, squirted out a sip of water, and Cai Congxin and Sun Zhengyi also exclaimed.
Everyone originally thought that the acquisition that Effie was going to talk about was the acquisition of a certain domestic game platform or game company.
No one thought that it would be Blizzard!
It can be said that Blizzard's market value is at least two or three times that of Facebook games at this stage.
Moreover, Facebook Games has only been created for a few months, and Blizzard has already become famous all over the world.
"Why not? Everyone, please think about it, although Facebook Games is a new company, but Facebook Games is not a small company in any way! We are not listed, if we do, will the market value of Facebook Games be lower than Blizzard?" said Effie seriously.
The room fell silent, and everyone reacted.
If you think about it carefully, it is true that as Effie said, everyone subconsciously feels that Facebook Games has just been established, and it is still a small company, and there is no capital to acquire Blizzard.
However, this is all a false impression, and the impression is deceiving, but the data is not.
Facebook Games now has two pillar businesses, Facebook Chess and Battle.com, these two game platforms, all registered users have exceeded 100 million, the number of online users, the average daily online Facebook chess platform has exceeded 10 million, and the Facebook Battle.net has exceeded 20 million!
These data, if you take it out, no matter what country you put it, it is a giant company.
That is to say, Facebook Games has not yet been publicly financed and has not been listed, so everyone does not have an intuitive understanding of its market value.
"Indeed, I really didn't expect that Facebook Games had grown to the point where it could acquire Blizzard. I'll admit that we underestimated Facebook Games. Son sighed.
"Because of the conflict of ideas between Blizzard and the parent company Vivendi, several founders may leave the company, and a large number of key employees will also leave with them. I met with Alan and Mike to take this opportunity to get Blizzard's shares back from Vivendi and make Blizzard a professional game production company under Facebook Games. Yu Wenfei said with a smile.
"How much money do you need?" does Fei always plan to raise money publicly?" Son asked sensitively.
"1.5 billion US dollars, whether you want public financing or not, it depends on the meaning of Mr. Sun's side. Yu Wenfei said with a smile.
What do you mean?
Son rolled his eyes, thought for a moment, and smiled.
Although Yu Wenfei has the meaning of "slaughtering fat sheep", Son is not angry, because this is not a good opportunity to expand the proportion of SoftBank Capital in Facebook Games!
"This money...... However, the equity structure of Facebook Games ......," he said slowly.
"In Mr. Sun's opinion, how much is Facebook Games worth now?" Yu Wenfei said dryly.
Now Son is a little stuck, because SoftBank has taken out 1.5 billion, and how many shares of Facebook Games can be obtained depends on the valuation of Facebook Games.
However, the question of how much Facebook games are worth is difficult to answer.
If you just look at the number of registered users, the number of people online, and the future profit prospects, Facebook Games is worth more than Facebook!
But he didn't want to admit this fact in his heart, because in this case, it would mean that after spending a huge amount of money of 1.5 billion US dollars, he still wouldn't be able to take much of the shares.
"Well, $1.5 billion is not a small amount, and we need to do some due diligence and then give a valuation. Xue Chunhe next to him hurriedly played a round road.
This is also the meaning of the right, 1.5 billion US dollars, no matter which company it is, it is not something that can be taken out casually.
Yu Wenfei nodded, but he added: "Time must be rushed, because I will soon start buying Blizzard, if SoftBank can't do it, I have other channels to prepare this money." ”
Sun Zhengyi glanced at Yu Wenfei suspiciously, he felt that Yu Wenfei was bragging, taking out 1.5 billion US dollars at a time, whether it was a bank or a VC, there were not many in the world.
Does Yuwenfei really have other channels?
Or is it just to put pressure on SoftBank......