Tudou is similar to Meituan and Intranet in that it has three branches of independent legal entities. However, considering the particularity of the video website, Jiang Hui does not plan to merge several branches of Tudou into one enterprise in the future, but wants to let the three companies of the United States, the island country, and the Celestial Empire operate separately.

The particularity of video websites dooms foreign-funded video companies to be unable to adapt to the Internet of the Celestial Empire, and if they don't die themselves, they will be suppressed to death by their opponents.

Similarly, due to the huge influence of video websites, it is difficult for a purely Chinese-funded website to survive in the European and American markets, and the best way is to do business according to local conditions.

Therefore, Jiang Hui plans to make the three Tudou branches completely independent companies without any affiliation, and change the names and logos of the companies in the United States and island countries.

Celestial Empire continues to exist under the name Tudou, and its main customers are locked in Chinese users.

The island country company changed its name to NICO video, the main target user is the island country, and now it is basically wholly owned by Jiang Hui, how to toss it, but Softbank has also repeatedly expressed its desire to invest in NICO, Jiang Hui feels that in the long run, it is also a good choice to attract people to Softbank, the head snake, and is ready to talk to them seriously about financing in the near future.

As for the U.S. branch, the original name is Tudou, which will be renamed Patato, and the target customers are all countries in Europe and the United States. Now patato, in fact, Jiang Hui is the largest shareholder, Google is the second largest, and some strategic investors may be introduced in the future.

From the current point of view, the valuation of Tudou should be about 20 billion yuan, the valuation of NICO should be about 15 billion yuan, and the valuation of potato should be 223 billion yuan.

In the long run, in ten years' time, these sites should be valued at the highest potato, probably higher than Tudou and Nico combined. Although YouTube in later generations was not listed separately, the capital market generally believed that its value was between 750~80 billion US dollars, and the Potato that started higher than him must not be much worse than him. As for Tudou.com, Jiang Hui thinks that it may only be two or three billion US dollars to the top, and NICO is almost at this level.

Judging from the future valuation development, Jiang Hui's introduction of Penguin and Google, or SoftBank in the future, seems to be a process that outweighs the losses. It's like Google is spending a billion dollars now to get 30% of the shares, and in 10 years it may be worth more than ten or twenty times what it is now. It looks like Jiang Hui has lost a lot.

But if we consider the opportunity cost, if we don't raise money, will Google buy and support YouTube? Will the U.S. government put small shoes on companies with a pure Celestial background and amazing influence? Without this billion dollars, wouldn't Potato have developed much slower?

Opportunity cost refers to the maximum value of giving up something in order to get something.

In life, there are some opportunity costs that can be measured in monetary terms. For example, when a farmer gets more land, he can't choose to raise chickens if he chooses to raise pigs, and the opportunity cost of raising pigs is to give up the benefits of raising chickens. But there are some opportunity costs that are often not measurable in monetary terms. It's like Jiang Hui chose to let Potato continue to be a sole proprietor or bring in Google's funds.

It is not advisable to eat alone.

After being reborn, Jiang Hui fully realized that he couldn't eat alone if he wanted a person like him with no background to charge to the top of the pyramid all the time. It's the right choice to pull in a bunch of people to help you block bullets.

……

Tudou's official Weibo: Speaking of the general trend of the world, it will be together for a long time, and it will be divided for a long time. As the world's No. 1 Internet video company, Tudou's American branch, island country branch, and Tianchao branch will operate independently. In the future, the island country branch will be renamed NICO and the U.S. branch will be called Potato. Everyone is welcome to harass!

The current nico and potato are not blocked by the Celestial Empire for the time being due to Jiang Hui's relatively strict content review, so Celestial Empire netizens can still log in directly.

At the same time, Page also gave an interview to the media during the Celestial Empire event, saying that Google will invest $1 billion in Potato to become its largest single shareholder.

As soon as this news came out, the Internet immediately exploded. Tudou's official Weibo is hot below.

Yelu 1 Xiaosu: As soon as Tudou was split into three, a US branch raised one billion US dollars, which is going to heaven.

Lin Jiqing: This is the largest amount of financing in the VC circle this year, right?

Hurricane 3517: If Tudou is not spun off, it is estimated that the valuation will go to more than 50 billion, right? Is this the largest Internet company in the Celestial Empire?

Royal Wood: It's right to spin up, otherwise Tudou.com will be dragged down by some so-called videos of the Yankees reflecting democracy.

Indifferently: Google has actually become the largest single shareholder? Is Boss Jiang short of money? Why is he selling so many shares?

Long Time Dreamer: Don't you think Page is subtle upstairs? I checked, and the current first, second, third, and fourth largest shareholders of Potato are all offshore companies that I have never heard of, what does this mean?

Youwen 520: When will Tudou be listed? I want to buy a few lots~

Liangcai Shell: Tudou just raised a lot of money from Penguin, and when it turned around, it took a billion dollars from Google, how to spend so much money?

Today's Demon King: Meituan and Intranet are preparing to go public, Tudou is raising money everywhere, Guanghui Weibo and Twitter are almost monopolizing, and Guanghui Games is constantly making money, is Guanghui Group hanging?

zxcvbnmlkjhg: A strong life doesn't need to be explained. Tudou.com is good, Guanghui Group is good, Jianghui is good!

xs175t: At this moment, who can help me calculate the shadow area of Du Niang's heart.

Sunset: Pull a batch, hit a batch. The future Celestial Empire's Internet hegemony has become apparent.

Visual bloodstains: has been imitated, never surpassed!

Zhige 03: You have won glory for the people of the Celestial Empire!

……

Not only is the Celestial Empire Internet circle discussing Google's stake in potato, but after the news reached the United States, the IT elite in Silicon Valley was also discussing it.

"Google has a lot of cash, and it looks like they're starting to make a splash."

"Tudou, no, it should be called potato now, it is indeed a very promising enterprise."

Google invested in the unicorn company Potato because its genes are highly compatible with Google."

"Do you mean that both companies survive on advertising revenue? haha~".

"There is no grass under the big tree, and soon you won't be able to laugh."

……

Google has taken a stake in Potato, and YouTube is the most nervous in the whole of the United States.

"Has the news been confirmed?".

"I asked my classmates who worked in the Celestial Empire, and they all said that Google had invested in Potato with a billion dollars."

"We can't delay any longer, isn't PKG negotiating financing with us? Agreeing to their conditions, we only have one request, that is, the money must arrive as soon as possible."

"Okay".

……

(End of chapter)