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The Fox live project was directly integrated into Ant and operated as a sub-brand.

The official website of Foxmail will also be redefined, since it is for white-collar user groups, there must be a main section suitable for the group.

Finance, fashion, movies, music, sports, automobiles, and travel will be the most popular words among elite users.

In order to facilitate promotion, an agreement has also been reached with other major mailboxes, all users can not only log in through Foxmail accounts, but also 163, 126, 263 mailboxes, TOM, Speed Fox, and Xilang's mailboxes are also fully compatible, in addition to yahoo and Hotmail, two American brands.

It's just that the first place will be the Foxmail mailbox by default, and a series of promotion plans will definitely be released at that time to ensure the active position of your mailbox.

Several other websites owe Chen Bo a favor, which is to repay debts, and they are now busy opening up the market of the wireless business department, striving to have a beautiful financial report at the end of the year, so that investors can relax and relax.

Fox live is planned to be officially launched in September, and Li Ziqiang has to be busy again, but this time the cost allocated is not much, and the positioning of this product is relatively narrow, so it will naturally not be paved all over the street, and it will not use any exaggerated creativity.

It is still based on stable high-end and exquisite brand promotion.

Since the last 1 billion yuan price scared off the TOM Group, the other party has not heard from the other party, it seems that the intention is weak, and it is estimated that it will be difficult for a traditional company like Cheung Kong to make such a bold decision.

Although TOM Group did not come back, Chen Bo waited for other investors, and the DFJ Fund, which is also very well-known in the investment community.

However, in the domestic market, DFJ has already led the second round of Baidu's financing plan with IDG, and now it should hold 25% of its shares. However, this is not impossible.

In the U.S. market, they invested in two search technology companies, both with a market capitalization of more than $12 billion, and made more than 200 times the profit.

In the 2001 recession of the Internet industry, these investment funds can really not invest in many projects, even IDG, a large investor who likes to cast a wide net, only invested in two or three projects this year.

The largest investment this year is the $10 million raised by the beautiful music network from Lenovo, IDG and Softbank, and the other two or three million small investments.

The person who came was Zhang Fan, the chief representative of DFJ Huaxia, although he was the chief, but the investment decision-making power was all in the US headquarters, and he was the part of the negotiation in Huaxia, and he still had to report for approval in the end.

"I'm sending money to Mr. Chen!" Zhang Fan's opening remarks sound very tempting, but which venture capital is not here to give away money?

"I don't know which business Mr. Zhang is more interested in?" Chen Bo didn't demolish him, and asked directly.

"DFJ can run the business of Yahoo Sogou Sky, and it is at a high price! In exchange, however, we would like to receive a stake in Ant Search. Zhang Fan also directly opened the conditions.

"Oh? How high is the high price. Chen Bo is still interested in selling Sky.com, and it is a good choice to make profits in the next few years and enrich the current funds to develop other businesses.

"It is certainly not lower than the market price, and DFJ has a number of perfect M&A cases in the United States, which are all information." Zhang Fan said and handed over a folder, and it was all in English.

It seems that the other party is quite well prepared, and this time it is imperative.

Chen Bo took a cursory glance and had to say that Defengjie's operations were perfect, but they all had one characteristic, that is, they ate big and pitted Yahoo.

In the past few years, dozens of startups have been sold to Yahoo.com, and all of them have been mergers and acquisitions at high premiums, and the investment shareholders behind Yahoo seem to be Sequoia Capital and DFJ, so it is no wonder that the other party is so confident that they can make such a commitment.

"Skynet can be sold to Yahoo, and a financing agreement between us can be negotiated, but is DFJ going to hold it for a long time or do you want to make a quick arbitrage?"

Long-term holding and quick cash-out are two ways to play, no matter how you want to play, it is easy to grasp the future direction in advance, and most investors will explain in advance.

"We look at three things: people, team, and technology. This decision was made after careful evaluation and analysis. Therefore, it must be held for a long time to maximize the benefits, and DFJ's global fund has a duration of 10 years, which is not a problem. ”

The general fund has a duration of about 7 years, and after reaching this period, it will be liquidated in a unified manner, regardless of whether it is profitable or lost.

If DFJ is 10 years, it will undoubtedly lengthen the cycle of funds and reduce the risk of the fund.

After all, although the fund has a redemption period, it can also be bought at any time, and getting more funds is undoubtedly increasing the amount of available funds.

"If it's a long-term holding, I wonder if you're interested in my private stake in Pangu Group?"

If Chen Bo wants to increase investment in Galaxy Entertainment, he has to think of cashing out the shares in his hands, and the Suning Electric Appliances and Panke Real Estate he holds are not worth much, and there are not many takeovers, and it is obviously more in his interests to hold them for a long time.

Now the only one who holds more shares is the share of Pangu Group, and almost half of the BP funds in my hands are added.

BP now has a lot of investment in the U.S. financial market, and it doesn't make sense to take the millions of dollars of idle funds, so it can only find a way from the Pangu Group.

"Chen always wants to cash out?"

"I have always had an annual salary of 0 yuan in the group, and I plan to sell 5% of the equity under the appropriate set of points to supplement the family."

Subsidize the household? As far as Chen Bo can say, judging from the market value of several companies under Pangu Group, 5% is worth at least tens of millions, or US dollars. What a luxurious life you have in this house, you have to set so much.

However, Pangu Group controls several companies, and it is estimated that it will not be long before it hopes to become the first unicorn Internet company in China.

Unicorns are companies that are valued at more than $1 billion, and the term has been circulated by investors in Silicon Valley.

Zhang Fan thinks this proposal is also good, Tengxun Company used to simply have the number of users in the country, but now it can rely on these huge users to monetize traffic. The so-called one law, ten thousand laws, the success rate of any product under this mode is relatively high.

Ant Search is a pure technology growth company, with Defengjie's mature operation experience in the Internet industry, the market value in the future is naturally not to be underestimated, not to mention that Pangu also has a sky network and a beautiful music network for sale, although the e-commerce platform of Dingdong has not yet made efforts, and it has rarely attracted attention.

But who can guarantee that it will not become the next Amazon in China?

Zhang Fan left Chen Bo's office satisfied, although he could not decide on the specific investment amount now, but he could start to write a detailed document to the headquarters for approval, and the merger between Skynet and Yahoo also needed him to intervene in the middle.

"Why did you remember us today?"

Chen Bo found a tavern at night and called Mo Fei and Zhang Yiming.

After entering 2001, although the three of them often see each other, they have a lot less time to sit together and drink and chat so easily.

"Blame me, I'll punish myself with three cups!"

Chen Bo blew on a bottle of beer as he spoke, and the liquid mixed with carbon dioxide hit his stomach down his throat.

"You kid, who are you doing every day like this for? You still have to study like me, and you don't have to delay work and play. With your current status, you can afford to find a first-line female star. ”

Mo Fei has never changed his playboy nature, although he has restrained himself in the company, but when he has his spare time, he doesn't know where to go, and sometimes he will go to Hong Kong Island on weekends to fool around.

This is his personal freedom, Chen Bo naturally can't say anything, but he can't do it, not to mention that there are more beauties under Xinghe's pick-up, who sees him rebelling against which one.

"Pull it down, sooner or later you will die on the woman." Chen Bo scolded with a smile.

"I think it's good, but no female star likes me, but your assistants are beautiful one by one." The sullen man Zhang Yiming also stood on the united front with Mo Fei, he is a weak type, he is too stupid to play with his mouth, and he can't let go, so he can only just YY.

"Yes, I remember, in the future, I will pull a bunch of little stars for you, and let you pick them one by one! But I'm not talking about this today, I'm going to sell Sky.com, and there are currently several potential buyers, and the offer is not low. ”

"Sell Sky.com? That's the first website we made by ourselves, and now it's so profitable every month, why do we want to do it? ”

Mo Fei must be puzzled, he is still the president of Sky.com, and it is a problem where he goes after the sale, and he is also used to the working state of Sky.com, he is not busy, but he makes a lot of money.

"Although Sky Network now accounts for the largest proportion of wireless business revenue, the threshold is getting lower and lower, and many TV stations intend to cooperate with mobile in person, abandoning this intermediate platform, and CCTV Spring Festival Gala has made it clear that it will not continue to cooperate with us this year."

This is the reply that Chen Bo just received, they naturally don't know, in fact, after other websites do wireless business, the growth momentum of Sky Network has slowed down, after all, the traffic of Sky Network is in a disadvantaged state, and the content of the website is not as rich as the portal.

"If you sell it, you can also collect funds in the next few years in advance and increase the expansion of other industries. After the sale, I would like to re-establish a vertical website to focus on automotive brand consulting and services. The number of cars in the future will be very large, and there is no such website yet, but with the company's platform, it will be very easy to do. This site is in your hands! ”

Although Sky.com has been sold, Chen Bo can't let go of others, Autohome's platform positioning is aimed at high-consumer groups, connecting car manufacturers and users, and they are not the main ones who lack money.

And Mo Fei, the rich second generation, who is not familiar with the beauty of the incense car? It is very appropriate to leave it to him to operate.

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Thanks to the book friend for the reward of the snow, I will work hard to write and live up to my expectations.