The matter of the oil pipeline made Zhou Shi stop returning to China. However, several people have different opinions, some think that if the price is right, they will sell, some think that they should stick to their own operations, and some people do not want to sell, but are worried about their level of operation.

The three of them wanted Zhou Shi to stay and really control the company's operations, and they were willing to provide Zhou Shi with high stock options. What a tempting proposal, Zhou Shi was a little moved. But if he didn't sell YouTube, he wouldn't have the money to invest in the subprime mortgage crisis. The Suzaku Fund is still continuing their actions, just waiting for the funds to arrive and put them on the market. But there are many benefits to not selling YouTube, at least it will undermine Google's future growth potential. In mid-2017, many well-known analysts believed that if YouTube went public independently, it would have a market capitalization of more than $75 billion. If the revenue growth rate of YouTube is followed, I am afraid that there will be a higher valuation scale, and the market value of more than 100 billion yuan of Netflix may not be a dream.

"Let's find a good manager, and then run YouTube next year to go public!" Zhou Shi said almost through gritted teeth, according to his assumption, if he sells YouTube to Google by the end of this year, the valuation should be more than $2 billion, and his shares are worth about $500 million, and he may receive $5 billion in two years.

"What about you?" Cheng Shijun has to worry that the formalized operation of YouTube is undoubtedly achieved on the basis of suppressing the rights of several of them, and many people are inextricably linked to Sequoia and Google.

"After completing the financing of the friend network, I will come back and go all out to operate the YouTube listing" Zhou Shi finished speaking, as if the strength of his whole body had been exhausted, leaning on the back of the chair, he seemed to have gained some relief, and he didn't want to say anything more. There are so many temptations in this world, how should I choose, can YouTube escape copyright disputes without Google's full support? Zhou Shi didn't know, maybe when he made this decision, YouTube's $1 billion valuation will not change much, but it may be very difficult to monetize. Behind every possibility, there will be countless results, and once he departs from the trajectory of his previous life, Zhou Shi must bear the crisis brought about by this uncertainty.

"Who do we choose to be our helpers, these people will definitely not work now" Cheng Shijun

"I have a goal, Google VP: Shirley Sandberg. A year later, Google, a very good female executive, became the COO of Facebook, and since then Facebook has developed very much, from a non-profitable company to a full-year revenue of $40.65 billion in 2017 and a net profit of $15.934 billion. In a sense, it can be said that Shirley Sandberg made Zuckerberg.

"Will she come, we're just a startup, she's the vice president of Google. ”

"We made her our partner, so that this company is not only us, but also hers, only in this way can she have more motivation to serve us. "Zhou Shi

"How many shares do we give her?" Cheng Shijun

"I don't know about this, let's contact her first, maybe it's just our unilateral idea, she won't want to come over at all. Zhou Shi, "And without a talent as good as her, it is difficult for us to succeed." ”

Cheng Shijun and the three also fell silent for a while.

Zhou Shi sat on the plane, and regretted it a little, and he didn't know whether such a choice was worth it. The only assets he can realize in his hands are Baidu shares. The total shareholding of individuals and Galaxy Capital is about 12 percent, and the total pledge may only be about $400 million. In his original assumption, the Sixiang Fund still had 400 million in cash, and about 200 million could be mortgaged by selling the oil pipe. In total, there will be at least a billion dollars to be mobilized, which now seems very unrealistic. It's a pity that Ali is not listed, and it is difficult to mortgage the hundreds of millions of funds to the bank. There is also a perfect time and space, Galaxy Capital grabbed the main investment qualification of SAIF and controlled 25% of the shares. Perfect may be able to go public next year, but far from quenching his thirst, even if he has a market value of one billion dollars after listing, there will only be a market value of about 200 million, and it will only be more than 100 million to cash out.

Putting aside these things for the time being, there are still many problems with the financing of the domestic friend network, Wang Xirui heard about the United States, but he has not been in contact with Zhou Shi, and he doesn't know why. With so many things pressed on him, how could he have time to think too much about his children's affection.

Lei Jun accepted the invitation of Time and became a consultant of Time Holdings, mainly responsible for Time Friends. After Zhou Shi returned, he also came to participate in their first meeting.

"The due diligence was done quickly, and our company was running properly, but they weren't happy with the $500 million valuation. "Yuvi

"Facebook in the U.S. market does not have many registered users as ours, with a valuation of $500 million in the first half of the year, and now Yahoo wants to acquire it for a billion dollars, and our $500 million valuation requirement should not be high. "Zhou Shi

"They believe that the size of the market in the United States is larger than that of China and that the prospects are better," Yuvi

"I don't say that we have started internationalization, RB's friend network has a market value of 100 million before it is established! "Zhou Shi

"Lehman's people say that Sun Zhenyi is a gambler, they are not" Yuwei

"They don't believe in our internationalization, or do they not believe in my ability?"

"This~~" Yuvi, "They are optimistic about our development, but think we overestimate the value of the company"

"What do they think the valuation of Friends.com should be?" Zhou Shi

"$200 million!" Yuvi

"You tell me to get out, the farther the better. I'm CTMD, and I'm too deceitful. Zhou Shi was suddenly furious, the valuation of 200 million US dollars, you. I'm missing that money to eat!

"Don't worry, you chose Lehman as the main voter, and there will definitely be these things. "Li Ying

"Let him be more sincere, or compensate Lehman with a million and let them get out" Zhou Shi

"It's not in order!" Yuvi

"Here we are the rules!" Zhou Shi said firmly

"But with a $500 million valuation, they won't agree," Yuve continued

"Is it really that difficult? "Zhou Shi

"I don't think a $500 million valuation is realistic. "Lei Jun

Zhou Shi also felt that he was asking the wrong person, a Kingsoft software has been around for so many years, and its valuation does not exceed 300 million US dollars, and his current imagination may not be big enough.

"What does Mr. Lu think?" Zhou Shi turned to Lu He

"It's really not good, let's get the bottom line," Lu He

MMP, Zhou Shi started to brag, did Lu He also start to like bragging? How can you have money now?

"How do you get to the bottom of it?" Zhou Shi

"After these venture capital companies invest in Friends.com, if they want to exit halfway, we will buy their shares at an interest rate of 10-20% per year. In the third year, we acquired at 2 times the current valuation of Friends, and in the fifth year, we acquired at 3 times the current valuation. Lu He, "If they are still worried, we will use Ali's corresponding shares as collateral"

Strong, domineering!