"I believe that everyone already has the answer in their hearts, so I will also quote you a reserve price.

We hope to get a valuation of no less than $30 billion and sell 10% of the equity in the first round.

In addition, the investors and employees of Xiaolanshu and Keep will be replaced by shares of Cao Cao Entertainment in equal proportions according to their valuations. ”

After Hong Jun finished speaking, he quietly looked at many investors.

Everyone's faces were a little complicated, and they were obviously hesitant to follow up.

Valuation is a thing that depends entirely on how the invested company negotiates with the investment institution.

If the initiative is in the hands of the invested company, the equity will definitely be a strange commodity, and the valuation will definitely not be low.

The current Cao Cao Entertainment is like this.

So many investors have the idea of participating, even if the valuation is slightly higher, but it is not unacceptable.

"This valuation, we Sequoia are willing to accept, if you don't mind, we Sequoia want to lead the A round of Cao Cao Entertainment. ”

Shen Beipeng was the first to speak, and when he came up, he wanted to pick up the big head directly.

Wei Zhen, president of Warburg Pincus in Huaxia, immediately sneered: "Mr. Shen is too greedy, and we at Warburg Pincus are also very optimistic about the prospects of Cao Cao's entertainment, and we also want to lead the investment." ”

"Cao Cao Entertainment is one of the few good projects in the near future, and we at Tema Creek also want to lead the investment. ”

Wu Yibing of Tema Creek seems to be relatively gentle, and he smiles when he sees people.

But that's just the appearance, everyone knows that this is not a good stubble.

Investors from other institutions are a little confused at this time.

The fact that they were able to enter the conference room proved that the capital strength behind them should not be underestimated.

Even so, Cao Cao's valuation is too high for them.

It's even a little bit of a shame that they don't dare to make decisions on their own.

Hong Jun bowed slightly, and asked with a smile: "Thank you Mr. Wu, Mr. Wei, and Mr. Shen for their optimism about Cao Cao's entertainment."

I don't think it's as good as the three of you as the lead investors, each with a 2.5% stake.

The rest of the equity will be divided equally among other investors, what do you think?"

Shen Beipeng shook his head with a smile: "I have no opinion." ”

"Me too. ”

"Me too. ”

Wei Zhen and Wu Yibing shook their heads at the same time.

For them, $750 million per family is not a small amount.

No matter how much there is, the stakes are greater.

"Then I would like to congratulate the three of them in advance on becoming shareholders of Cao Cao Entertainment. ”

Hong Jun smiled and thanked the three of them, and began to put pressure on the others in the conference room.

"Mr. Peng of Yuansheng Capital, because he had an agreement with Chairman Chen in advance, will also get 1% of the equity. ”

"The real equity left for everyone is only 1.5%. ”

"What?"

"Too little!"

"That is, Chen Dong is no longer accommodating?"

Originally, they were just a little hesitant about valuation, but they didn't expect that there was only 1.5% of the equity available for them to share.

Then hesitate Jill!

Hurry up and grab it!

Shen Beipeng and the three of them were a little surprised, and looked at Peng Zhijian curiously.

Peng Zhijian nodded at them and arched his hand with a smile.

With their eyes, they can naturally see how strong Cao Cao Entertainment will be in the future.

It is no exaggeration to say that it is definitely the prototype of an entertainment empire.

Including long and short videos, browsers, maps, fitness and other tracks.

It's simply the perfect route for the development of a giant.

A good project, even if it is a high valuation, must be entered.

For bad projects, even if the price of cabbage is estimated, don't throw a penny.

This is a truth that everyone understands when they get started.

But it was extremely difficult to really implement it.

"Mr. Hong, I am from GGV Capital, and I want 0.5% of the equity. ”

"Mr. Hong, I am Gaozhen Capital, and I also want 0.5 equity. ”

"Mr. Hong, we have been following up on the Douyin project for a long time, and we must leave us 0.5% of the equity!"

......

For a while, the conference room was like a vegetable market, noisy.

Many well-dressed investors are still a little calm.

Although I feel a little embarrassed in my heart, what is the cheekiness at this time?

That's garbage.

Only tangible benefits are the most precious.

Shen Beipeng had a mockery at the corner of their mouths, anyway, the four of them were sitting firmly on Mount Tai.

In the end, after careful screening, Hong Jun selected the three institutions with the most strength and the most resources.

They are Gao Zhen Capital, IDG, and Jiyuan Capital.

Although the other investors were a little unwilling, they could only watch the vice presidents of the three companies shake hands with Hong Jun with relief.

"I am very grateful for the recognition of other investors, although we have not been able to cooperate successfully in this round, it does not mean that the next round of financing, we still have no opportunity. ”

Hong Jun thanked all the investors who were present.

The representatives of the various capitals who did not succeed in investing left one after another.

......

"It's out!"

"Eh, Jinshajiang was actually passed?"

"Oh my god! Looking at the faces of these investors, they definitely didn't get any benefits. ”

"It's not, I don't know what's going on inside, and my heart is itching. ”

Many employees outside witnessed how many investors left without saying a word.

And in the conference room, it's still not over.

Hong Jun took out the investment agreement prepared in advance, and the heads of the seven institutions that were left behind were carefully reviewing the terms.

Although it was a clause they had read hundreds of times, this time they were extra cautious.

Because the project they are about to sign involves a super unicorn with a valuation of $30 billion!

"Boom!"

The conference room was very quiet, only the sound of Shen Beipeng and their signatures.

Hong Jun and the last investor stopped writing, and said with a smile: "Congratulations to all of you for becoming the 'reserve' shareholders of Cao Cao Entertainment, I hope your funds can arrive as soon as possible. ”

"Definitely, we Sequoia will get all the funds in our account within a week. ”

Shen Beipeng responded very happily.

"It's the same with us. ”

Not to be outdone, other investors also made promises.

"That's good, everyone has worked hard, I will inform the outside staff first, please forgive me. ”

After Hong Jun finished speaking, he left directly.

Chen Dongcheng was in the conference room, continuing to talk and laugh with several investors.

......

Outside the meeting room.

Many employees of Douyin almost immediately surrounded him, "Mr. Hong, what's the situation?"

"Everyone has to be mentally prepared. ”

Hong Jun sighed deliberately, making a group of employees extremely nervous.

What they are most afraid of hearing is the news of Douyin's financing failure.

"After the decision of the board of directors, Douyin, Xiaolanshu, Keep and other business lines were combined to establish Cao Cao Entertainment.

I serve as the chairman of Cao Cao Entertainment and the CEO of Douyin.

Cao Cao Entertainment's Series A valuation is $30 billion, congratulations to everyone!"

Hong Jun finished with a smile, waiting for the employees to digest this earth-shattering thunder!

"Damn, did I hear me right? $30 billion valuation?"

"Smack! to you, you heard you right. ”

"Zhente Niang's cow beep, how many times has the stock in our hand risen?"

"Even if the number of people who joined the company has tripled, I can't even think about the first batch, if this is listed, how many millionaires will have to be created?"

"It's scary, but I really like it!"

"The real-name envy of the gang of bigwigs at the top of the job number, are there any who are not married, and can the gender be so dead?"

......

The employees exchanged heads, and the excitement seemed to spread across everyone's faces.

"Okay, don't get too excited, as long as you work hard, when the company goes public, you will get no less rewards. ”

Hong Jun said a few words, explained a few executives, and continued to return to the conference room.

At the same time, the news of the establishment of Cao Cao Entertainment spread rapidly to the outside world.

This is also what Hong Jun and Chen Dongcheng want to see.

I've been hiding and pinching something, and this time I directly showed my fangs.

Isn't Tengxun going to subsidize Microvision 4 billion?

Chen Dongcheng wanted to see how much money Tengxun was willing to lose on Microvision.

The employees of Keep and Super Gorilla were all stunned to see the news.

And then think about the mystical executives of lately.

Damn, it's a huge surprise for them!

Even the employees of Little Blue Book were equally incredulous.

From a company valued at $3 billion to an employee of a $30 billion Internet giant.

The kind of forced style that comes with large companies is intoxicating

Think about chatting with a classmate, "Eh, I haven't had a lot of luck lately, and the company has been merged. ”

"Why are you so unlucky, and what are the prospects for your combined company?"

"It's okay, the valuation has gone up tenfold. ”

"Damn, why did you step on shit?"

Thinking about similar conversations, you can be happy to close your mouth.

The charm of a major Internet company is far more than the confidence brought by the company's strength.

The synergies brought by a few companies alone have already made the outside world feel threatened.

Cao Cao's comments, $10 billion.

Cao Cao Finance, $15 billion.

Cao Cao Entertainment, $30 billion.

So far, the three giants of Cao Cao Group have taken shape.

Some netizens were curious to compare the current market value and valuation of domestic Internet giants, and came to an astonishing conclusion.

Cao Cao Group ranks seventh in China!

Looking at the heads of the top ten Internet giants in China, Chen Dongcheng is undoubtedly the youngest!

However, because none of these companies under his name are listed, it is difficult for the outside world to accurately judge the wealth held by Chen Dongcheng.

But through the information provided by some well-informed people, it will not be less than $30 billion.

What is this concept?

According to the Forbes list released in October this year, Chen Dongcheng's worth has ranked second in China, only behind Lao Wang.

Considering that Lao Wang was suppressed, his assets began to shrink wildly.

Whether it can keep its first place next year is still two words.

In any case, purely considering his worth, Chen Dongcheng has thrown off 99.99% of his peers in the world.

Envious people want to find Chen Dongcheng's black spots.

What popped up in an instant was the news of Cao Cao's Public Welfare Foundation.

Come on, this guy didn't get black.

It's not that it can't be dark, the tap water on the Internet can spray them until they are closed.

These days, there are too many rich people.

But there are very few who have both money and love.

It is even rarer than the giant panda, a national treasure.

For example, no matter how rich Ma Yun is, there are still more voices that support him online.

At least what Ma Yun is doing is winning glory for the people of the country many times.