In this Internet boom set off by Yahoo's listing, the Pioneer Fund's acquisition of a 30% stake in Amazon for $30 million is really not even a fart.

I have to say that this is a crazy era, and Yahoo, which has not made the slightest profit, has a market value of up to $1 billion as soon as it goes public, which is simply telling all the Internet makers that there are many stupid people here, so come quickly.

Never underestimate the high enthusiasm of financial capital for a hot era, know that they will always be the driving force for the madness of this era. Especially in the case of the tide of the Internet age, "money" can no longer be called "money" here, and it may be more cost-effective to call it "paper".

As long as you have a wonderful idea, as long as you have a leather bag company, and then put this idea into a leather bag company, then the money of the "capital daddy" is like a flood of crazy floods.

If your company has already seen scale, hehe, then don't talk about anything else, just say how much money you want, right?

If nothing else, after a while, Japan's SoftBank Group will eat 80% of Kingston's shares for a sky-high price of $1.5 billion, which is a joke. Of course, if you look at the future development, there is nothing wrong with this transaction of SoftBank Group, so Su Chenyu, as a major shareholder, did not say anything about it.

However, judging from the actual situation now, I really want to ask, where can Kingston be worth $1.9 billion from now?

However, the SoftBank Group's heavy money smashing on Kingston is not unique in this hot era, and all the limelight and financial institutions are running in as if they are crazy, waving banknotes. You must know that under the impetus of the big era, even Sequoia Fund and IDG, which have always been quite cautious, have gone a little bit, and a lot of venture capital has been smashed.

This is the hot age!

Therefore, the 30 million investment of the Pioneer Fund in Amazon, a "small company", is really not even a hair in this era. If it weren't for the huge Tianchen Fund and SS Financial Holding behind the Pioneer Fund, not many people would pay attention to them at all, even if they invested in Yahoo, who didn't know that it was a bite of food from the Ginkgo Fund to this "little brother".

Hehe, no one would have thought that it was this "little brother" Pioneer Fund that would become the super godfather of the global Internet industry in the future. Although the Pioneer Fund's range of action is not as crazy as others', how can he stay out of this era of opportunities everywhere.

After acquiring a 30% stake in Amazon, Goldman Sachs and Lehman Brothers, two investment banks, bought a 5% stake in Amazon for $3.5 million. Clearly, Jeff Bezos agreed to Goldman Sachs and Lehman Brothers to become shareholders of Amazon, and he intervened at a low price, in an attempt to prepare for a listing on the Nasdaq.

This is also an important reason why Jeff Bezos is willing to accept the Pioneer Fund to acquire a 30% stake in Amazon, and it is clear that the consortium behind the Pioneer Fund will bring endless benefits to Amazon's development

Pros and benefits. At the very least, he no longer needs to ask his grandfather to tell his grandmother about many things, he just needs to concentrate on running Amazon.

The venture capital fund entered first, and the two investment banks, Goldman Sachs and Lehman Brothers, immediately intervened, and then the operation of the company's listing, which is the current routine set by Su Chenyu for the Pioneer Fund and the Ginkgo Fund, they are two sharp swords that charge into battle.

Therefore, after getting rid of Amazon, the sword of the Pioneer Fund has started its own big era of attack!

Because Su Chenyu is at the helm behind the scenes, the Pioneer Fund does not have to worry about its investment going off track, which is standing on the shoulders of the giants of the times to scold Fang Xuan and point out the country.

Soon, the Pioneer Fund was targeting its next target, eBay!

Yes, it's eBay!

Although eBay has not been seen in the mainland e-commerce market in later generations, because he has long been scrapped by Ma Baba's Taobao. But, I'm sorry, that's only in the mainland, you know, in the global Internet industry, eBay is a bull, mainly because his PayPal is quite awesome.

However, in any case, this is also a super Internet giant that can reach a market value of hundreds of billions of dollars, so the next target of the Pioneer Fund is him.

Like Yahoo and Amazon, eBay was founded last year as an auction site for Pierre Omidia to help his girlfriend who loves pez candy boxes find a good friend to talk to. However, who would have thought that eBay would be so popular and directly crowded with a large number of PEZ candy boxes, Barbie dolls and other enthusiasts.

By the way, the current eBay is not called eBay, and according to the normal course of history, it will not be officially renamed eBay until next year.

Therefore, eBay is still just a small start-up, and no one would have thought that it would grow so high in the future. Therefore, don't look at the current financial capital dad waving money and investing in Internet companies everywhere, but at this time, eBay really hasn't entered the eyes of these bigwigs.

However, with the blessing of Su Chenyu, the "man on the shoulders of the giants of the times", the Pioneer Fund fell in love with him at a glance.

For a company like eBay, which has just been established for a year, although it has caught up with the tide of the Internet, it is difficult to soar without the blessing of "capital dad". Therefore, now is definitely the best time for the Pioneer Fund to intervene, you know, eBay is short of money, and the Pioneer Fund has money.

Soon, in San Jose, Silicon Valley, representatives of the Pioneer Fund met Pierre Omidia, the founder of eBay, and there was nothing superfluous to say, let alone any foreplay, just do the right thing and take the money!

The Pioneer Fund offered Pierre Eomedia an absolutely hard to refuse offer $20 million, a 51% stake, to retain the entire current team of eBay and not interfere in the company's operations.

For the newly established eBay, this is definitely a condition that cannot be refused, so there is no hesitation at all, Pierre Omidi

Without even thinking about it, Asia agreed to the acquisition agreement of the Pioneer Fund.

Soon, the Pioneer Fund formally reached an acquisition agreement with Pierre Omidia, and the Pioneer Fund officially acquired 51% of the shares for $20 million, becoming the controlling shareholder of eBay.

After the Pioneer Fund successfully acquired eBay, Goldman Sachs and Lehman Brothers immediately followed suit and bought a 5% stake in eBay for $1.5 million, which is the relatively real price of eBay. In fact, the valuation of $30 million is high for eBay, after all, this guy has only been established for less than 1 year, and it is really good to have this valuation!

Moreover, for the addition of Goldman Sachs and Lehman Brothers, both Pierre Omidia and the top management of eBay can be said to be quite welcome. Obviously, the addition of these two major investment banking brokerages means that the Pioneer Fund will start arranging the IPO of eBay.

What does an IPO on the NASDAQ represent? Hehe, do you still need to ask? What does that mean money? Not to mention anything else, look at Yahoo's listing, a company that has been established for a few years, has not even made a profit, and has actually forced its market value to $1 billion, and Yahoo's market value has been jumping up!

Judging from the goal of listing is to make money, don't look at the current valuation of ebay seems to be only 40 million US dollars, once it is successfully listed, hehe, 400 million is a small case! What's more, looking at the current situation of the Internet industry, if ebay is listed, even if it can't catch up with Yahoo's market value of more than 1000 million US dollars, it is quite OK to make a market value of 7 or 800 million US dollars!

Once eBay's market capitalization reaches 800 million, the shares in the hands of Pierre Omidia and eBay executives will not be worth $40 million! For example, a guy like Pierre Omidia is likely to become a billionaire as soon as he turns around.

That's why Pierre Omidia accepted eBay's financing holding so happily, because he knows very well the huge strength of the Pioneer Fund and the consortium behind it! Even Pierre Omidia has decided to hand over the task of finding a new CEO of eBay to the Pioneer Fund, after all, other people's connections are definitely not comparable to him!

There's no way, it's really too weak now, and it's hard to bring in awesome professional managers. However, it would be quite easy to let the Pioneer Fund and the consortium behind him do this, after all, the status of the people in the global financial world, as well as the status of the business community, is absolutely hegemon-like.

Therefore, Pierre Omidia is really a smart person, as long as his own interests can be guaranteed, who will manage the company? What's more, he can't manage the company himself, so it is better to let it be managed by the most professional people.

What else can the Pioneer Fund say about this kind of reassuring founder, it is natural to take over the whole thing, not to mention, it will be more in their own interests.

However, the Pioneer Fund did not forget its identity as a venture capital and pushed the matter directly to Goldman Sachs and Lehman Brothers!

As for the Pioneer Fund, keep going......