"Mr. Tang, the 'one share with multiple votes' equity structure is acceptable to our company!"

"Our company can also accept it!"

“……”

Representatives of major investment companies said one after another and expressed their agreement.

In this way, even if the Borderless Group holds a small stake, it can still firmly grasp the control of the Borderless portal.

When Tang Letong heard this, he couldn't help but continue: "Okay, since everyone accepts the 'one share with multiple votes' equity structure, then we can talk about it." The A round of funding will sell 30% of the shares of the website, and the valuation of the website shall not be less than 20 billion US dollars, you can start bidding on the spot, and our company will consider it comprehensively according to your company's investment situation and background strength. ”

It is relatively normal to sell 30% of the shares in Series A financing, after all, there will be many rounds of financing later. At that time, the shares held by Wujiang Group will be greatly diluted.

At this time, the atmosphere in the conference room is tense.

There are more monks and less meat, and more than a dozen investment companies compete with each other, and it is impossible to distribute them evenly.

To be able to stay in the current investment company, its strength is relatively large, so the appetite is also very large, who wants to eat only 2% to 3% of the shares?

So, it's best to kick out the other competitors and eat on your own.

There was a moment of silence, and soon an investment company opened an offer.

"Morgan Stanley values the Borderless Portal at $21 billion and wants to get a 20% stake!"

As soon as these words came out, the people next to them were not happy.

Why do you Morgan Stanley want to take 20% of the shares, then we will all watch the show.

Immediately, major investment companies have raised their prices.

In the quarrel, the valuation of the borderless portal soared all the way!

Speaking of which, Yahoo is not as awesome as the Wujiang Portal, first of all, not to mention the rapid global layout of the Wujiang Portal, the huge success of the business model alone is not comparable to Yahoo.

And the key point is that Wujiang Group dominates the development of the Internet, and Wujiang portal is one of the industries of Wujiang Group.

In 2000, Yahoo was worth $130 billion.

A mere $20 billion valuation is actually nothing.

If it weren't for the fact that the Borderless portal can't enter the U.S. market now, the market value would have to double.

After more than an hour of discussion, four companies, Goldman Sachs, Sequoia Capital, Morgan Stanley, and Barclays Bank, accepted a post-investment valuation of $30 billion from Wujiang Portal, holding 10%, 8%, 7.5%, and 4.5% of the shares respectively.

In other words, the four companies will have to come up with a total of $9 billion.

Generally speaking, the borderless portal gets so much money at once, and it can't be spent at all.

The website burns money for a long time.

……

On the same day, Tang Letong signed financing agreements with the four major investment companies on behalf of the Wujiang Portal, and held a press conference to announce that the Wujiang Portal had successfully completed the A round of financing.

Good guys, the journalists were stunned.

A portal, with a total of less than 10,000 employees worldwide and a market value of $30 billion, is still a Series A financing, which is terrifying!

"OMG! Is capital all crazy? Unexpectedly gave such a high valuation to the Wujiang portal?!! A reporter was stunned and looked incredulous.

You must know that the Wujiang portal has been established for less than two years, and the valuation is as high as 30 billion US dollars, and there is no such awesome company in the world.

At that time, Apple and Microsoft were too far behind the borderless portal.

Goldman Sachs, Sequoia Capital, Morgan Stanley and Barclays were overjoyed by the astonishment of the journalists.

You know, as long as the Internet develops, the scale of the borderless portal will become bigger and bigger, with a market value of more than $100 billion, just around the corner.

In addition to Barclays, which is a British company, Goldman Sachs Group, Sequoia Capital, and Morgan Stanley are all well-known American investment companies with huge influence in the United States, and have the ability to promote the Borderless portal to enter the American market, and even be listed on the NASDAQ.

Of course, Zhao Ye hopes that the Borderless Portal can enter the U.S. market, even if it is to accept more U.S. capital investment in the Borderless Portal, he can accept it.

It's just a web portal, Yahoo is cold, Sina, NetEase, and Sohu's portals are cold......

As long as the control of the Wujiang portal is firmly in the hands of the Wujiang Group, it can take the opportunity to lay eggs and hatch search engines.

For example, the search engine currently used by the Borderless portal is provided by Baidu.

At present, people only see the glamour of the surface of the portal, but ignore the role of the search engine.

In fact, who would have thought that when the search engine became independent, it would overturn the status of the portal.

At least, no one other than Zhao Ye would think of this at the moment.

Therefore, the Wujiang portal can continue to pit investors' money and the money of American investors in the future.

……

As the news of the $9 billion raising of the borderless portal spread around the world, it caused a huge sensation.

Almost all the major media outlets around the world have reported on it.

It can be said that the A round of financing of the Wujiang portal has aroused heated discussions among the people.

Even in the Internet wilderness, people who have never seen the Internet before are curiously discussing.

The Borderless Portal has created a miracle that has attracted worldwide attention, and countless people have paid attention to it.

The number of people who are envied and red-eyed all over the world cannot be counted.

In less than a month, thousands of portal companies were registered around the world.

At the same time, other portals with far lower traffic than the Borderless Portal have also skyrocketed in valuations and have also secured financing.

For a time, Internet concept stocks are emerging!

Of course, the website with the highest gold content is still the website of Wujiang Group.

Not only because these sites were the first to be published and have the most users, but also because they are all part of a group of companies and are able to work together.

Wujiang Group also has mastered the world's largest ISP company, the world's largest Internet café chain, the world's largest computer operating system with the largest number of users, and the world's Internet Explorer browser with a monopoly advantage......

Just ask, how can others compete?

Seeing this, I'm afraid I'm already trembling.

However, fortunately, Wujiang Group is not relying on its own advantages to suppress other websites.

However, with the "dragon slaying knife" in hand, it can make the competitor fearful.

The valuation of the websites of the Borderless Group has a great effect.

……

Tang Letong smiled and said, "Boss, we raised $9 billion at once, how should we spend it!" ”

When Zhao Ye heard this, he couldn't help laughing.

$9 billion, it's really hard to spend.

Zhao Ye thought for a while and said: "First send a wave of benefits to employees, increase wages and bonuses, and then invest in the construction of a headquarters building in China, make the scale bigger, improve the environment, and spend hundreds of millions of dollars." At the same time, physical offices can be built around the world......"

"Then it's about investing in data centers, increasing bandwidth, and advertising."

"Hmm...... The Borderless Portal will continue to expand and strengthen its market position. ”

"In short, the money should be spent as soon as possible, with the left hand in and the right hand out, and the money should be used on the Wujiang Group, especially the investment in the construction of data centers, which will soon burn the ...... of 9 billion US dollars."

To invest in a data center, of course, it is necessary to purchase equipment from the Wujiang Group, and properly spend the investor's money to make the Wujiang Group full.

Of course, investing in a data center is not without its benefits.

When the time comes, the Borderless Network Disk function will be launched, providing global users with an initial value of 10GB of space capacity for free.

At present, the capacity of many computers' hard disks does not exceed 10GB, but the Wujiang portal provides 10GB of storage capacity for free, which will surely make countless people become fans of the Wujiang portal!

In fact, the borderless network disk seems to provide everyone with 10GB capacity, but in fact, many people don't use so much at all, but the gimmick is greater than the practicality.

Of course, some people may not have enough 10GB if they are some kind of small movie collector, after all, a movie is hundreds of MB, and 10GB can't store many movies.

In the future, a lot of software, photos, music, and files will become bigger and bigger.

But it doesn't matter, when the time comes, you can use the activity points to expand the network disk of the borderless web disk. Of course, if you're willing to spend money on expansion, that's even better.

Wujiang network disk is originally a value-added service of Wujiang portal, which is divided into personal version and enterprise version.

As a cloud storage service designed for enterprise users, Borderless Enterprise Edition provides a variety of practical functions, enabling enterprise users to improve work efficiency and achieve digital transformation as soon as possible.

When Tang Letong heard this, he immediately nodded to show that he understood, and couldn't help muttering in his heart, according to the boss's way of burning money, 9 billion US dollars can't help but burn~

Tang Letong suddenly felt that he was in pain and happy!

The next day, Tang Letong put forward what Zhao Ye said in the company's conference room, and then asked all departments to fully implement each project in place!

The executives of the borderless portal were stunned, and couldn't help but secretly smack their tongues, thinking, can the $9 billion withstand two years of burning?

However, everyone's faces flashed with excitement.

……

In about a week, the tasks were assigned.

Then the Borderless Portal company got into action.

Goldman Sachs, Sequoia Capital, Morgan Stanley, and Barclays Bank received the project investment plan from the Wujiang portal, and they were so numb that they almost wanted to withdraw their investment!

"Is it crazy to have borderless portals? It would cost $7.5 billion to build a total of three large data centers in China, Japan and Europe......" Don Valentine, founder of Sequoia Capital, was dumbfounded, and did not understand this.

As for other investment projects, such as building headquarters buildings in China, building offices around the world, expanding bandwidth, improving employee welfare, etc., he is still open to it.

Don Valentine did not immediately contact the Borderless portal to express his dissatisfaction, but was the first to reach out to the other three investors.

Everyone advances and retreats together, so that the Borderless portal can value their opinions.

Speaking of which, these four investment companies are well-known in the industry, and which start-up company does not treat them as bodhisattvas.

However, the company they invested in was a subsidiary of Wujiang Group, which made them unable to stand up.

Wujiang Group is not short of money at all, if it is not for them to have the opportunity, how can they invest in the Wujiang portal.

Moreover, the AB shareholding structure of "one share with multiple votes" makes their four major investment companies have little say on the Wujiang portal.

……

The four major investment companies are in the video link.

"I don't think there's a problem with the investment plan of the Borderless Portal!" Michael Pullman, president of Goldman Sachs, laughed, "We should support it instead!" ”

As soon as these words came out, the heads of the other three investment companies were all stunned.

Michael Pullman explained with a smile: "Because only when the borderless portal burns up $9 billion will it be the next round of funding, and we will have a chance to get more shares, don't you want to get more shares?" Moreover, I took a closer look at these investment plans, which seem ridiculous, but in fact they all have merit. Take the data center as an example, the investment is the most, but the data center is very useful, at least users will feel faster and smoother when browsing the Borderless portal......"

As soon as these words came out, Don Valentine and the others couldn't help but burst into laughter.

"Hahahaha, Michael Pullman, you're right, we really should support their investment plans!"

Zhao Ye is calculating, and the four major investment companies are also calculating.

However, the big four investment companies certainly can't imagine how serious the Internet bubble is.

With the increasing maturity of the Internet industry, the competition in the market is becoming more and more fierce, and the company's profitability is getting lower and lower.

In addition, the operating costs of Internet companies are also getting higher and higher, including employee salaries, advertising expenses, server maintenance, etc., which make the operating costs of Internet companies continue to rise.

In the end, the vast majority of Internet companies will go bankrupt one after another, the city gate fire will affect the pond fish, and the borderless portal will inevitably be implicated.

Under the general trend, it is impossible for the Borderless Portal to stand alone.

The point is, portals have a limited ceiling for development and will soon decline unless they move into new business.

However, Zhao Ye originally planned to use the Wujiang portal to pit American investment companies and American stockholders, and he didn't think about digging deep into the profit model.

Even if it is a borderless network disk, it is a loss to death in the early stage.

When the dot-com bubble bursts, this business will only become a minus.

Zhao Ye dug a super big hole, which made investors jump down one after another.

Borderless makes a lot of money by selling equipment for its data centers.

At this time, Zhao Ye and the four major investment companies have their own ghosts, but they all have the same purpose, that is, to consume the $9 billion as soon as possible, and then start the next round of financing.

Therefore, the two sides turned out to be surprisingly tacit.

All the investment projects that Zhao Ye formulated for the Wujiang portal were carried out smoothly......

(End of chapter)