Rebirth of the Cyber ​​Hegemony

Page 534

It is impossible to say that Shi Yuzhu is not moved by the figure of 100 billion.

Even if Shi Yuzhu thinks he is a genius, and has achieved financial freedom.

But the wealth freedom of hundreds of millions of assets is not comparable to that of others earning 100 billion a year.

This is like the difference between a small fortune and the richest man in the world.

Of course, he didn't think Chen Yu was bragging.

Although Universal Technology has not announced their specific annual report, but since they have several games with 100 million simultaneous online games, this is enough to prove their profits from online games.

If Chen Yu's assets are exposed now, or if Universal Technology goes public.

Then Shi Yuzhu believes that Chen Yu is definitely the richest man in the country.

In fact, it's not just them, even if there is only one game with hundreds of thousands of players online at the same time, it is already very profitable.

Netease made a lot of money by talking about Westward Journey.

Ninetowns also earns a lot by their careers.

Grand Legend has been their cash cow.

Even Jinshan Swordsman Qingyuan, who is actually performing averagely, makes a very good profit.

However, although he was extremely excited, Shi Yuzhu was not someone who trusted others so easily.

He was thinking, why did Chen Yu come to him today?

Could it be that he really wanted to chat about school feelings with his senior brother.

how can that be.

"Mr. Chen, why are you telling me this?"

Chen Yu called Shi Yuzhu his senior brother, but Shi Yuzhu didn't care so much about calling Chen Yu his junior.

For Chen Yu's arrival today, he was actually extremely alert.

"It's very simple, I just want to say, making games is very profitable, why not make games?"

"You mean to tell me not to do 51.com?"

"It's about the same. The power of making money from games is 51 times that of 100.com. It doesn't matter whether 51.com does it or not."

Looking at Chen Yu, Shi Yuzhu pursed his lips: "Mr. Chen, if my prediction is correct, you seem to be launching a social networking site similar to our 51.com."

"It seems that President Shi is well informed."

Chen Yu didn't hide anything, just nodded.

A few days later, YY space will be officially launched.

"Hehe, Mr. Chen, the purpose of your coming to see me today is not pure."

Shi Yuzhu smiled.

Sure enough, it would not be a good thing for Chen Yu to find himself today.

However, Chen Yu underestimated him too.

Although Huanyu Technology is very powerful, Shi Yuzhu is not intimidated.

"Brother seems to be very wary of me."

Chen Yu was helpless.

Indeed.

As a competitor, it's no wonder Shi Yuzhu believed him.

Besides, it seems that I have no good intentions when I say this.

Games are more profitable.

But it seems too arrogant to ask others to give up what they are doing now.

"Forget it, brother, think about it carefully."

Knowing that this matter could not convince Shi Yuzhu, Chen Yu didn't say any more.

However, before leaving, Chen Yu asked: "Brother, is the content or the channel important in building a website?"

"Of course the content is important."

Shi Yuzhu said directly: "It is impossible for a website without excellent content to retain users."

"It makes sense."

Chen Yu nodded: "But it also depends on the situation."

"In a relatively mature field, content is of course more and more important. However, in a nascent field, the most important thing at the beginning is often the channel."

This is also a point of view mentioned in the previous life - "channel is king".

To put it more clearly, whoever controls the traffic has the right to speak.

Of course, the channel is king is not static.

In an era where the Internet is becoming more and more mature, content will surpass channels.

But in the 2004 era, it could almost be said that channels trumped all content.

Obviously, though, in the early days of the internet, a lot of people wanted to see if that was right.

After meeting Chen Yu, Shi Yuzhu returned to 51.com.

Moreover, he called the company's top management that day and held a meeting.

During the meeting, Shi Yuzhu told everyone about the meeting with Chen Yu.

All the high-level officials have serious expressions on their faces.

No matter what Chen Yu said was right or not, Huanyu Technology was the most powerful competitor they encountered.

However, even so, Shi Yuzhu did not panic.

Although Huanyu Technology is powerful, it is not invincible.

The current 51.com has accumulated a certain number of users, and has formed a small word of mouth.

And because of its location on social networks, the development of 51.com is simply explosive.

Through word of mouth, 51.com has gained a lot of capital attention.

Shi Yuzhu didn't particularly want to raise funds before, but now he can meet with these capitals.

As long as 51.com raises funds, he can have a good fight with Chen Yu.

He didn't believe it, if they took the first step, could they beat Chen Yu?

However, although Shi Yuzhu thinks of financing, Shi Yuzhu is not an ordinary business manager.

He understands how capital works and the unique appeal of China's Internet.

To this end, Shi Yuzhu contacted several venture capital firms.

Softbank, Goldman Sachs, Sequoia Capital, Digital Pacific...etc.

These capitals have invested in a large number of Internet companies in China, and have obtained rich returns.

For 51.com, a group of capitals are also extremely interested.

But it is clear that Shi Yuzhu is not a novice in capital.

Under Shi Yuzhu's capital operation, Goldman Sachs finally decided to invest 3 million yuan and acquire 51% of the shares of 30.com.

This is also equivalent to the valuation of 51.com close to 10 billion.

It should be said that this valuation is on the high side.

Although 51.com has performed well, it has not been established for a long time.

It's just that the growth rate has been very obvious recently.

But even so, the valuation of 10 billion yuan is too high.

But that's what the Internet is.

The valuation of high-growth companies must not be low. Once you miss it, you will never have the opportunity to get in the car.

Furthermore, China's Internet sector has developed rapidly in recent years. Looking at their performance in recent years.

As long as they have invested, all of them have performed well.

Especially Shanda, Shanda has recently launched a Nasdaq road show.

Once successfully listed, they will get a huge return on investment.

However, just when Goldman Sachs was preparing to sign a formal investment contract with Shi Yuzhu, Huanyu Technology released their YY space business.

According to Huanyu Technology's regulations: All YY instant messaging users can get an exclusive space.

The space can upload diaries, photos, and interact with other friends to leave messages.

Of course, you can also create a more personalized exclusive space.

Ok.

In fact, many people didn't know what this YY space was for at first.

However, Internet products have always been simple and easy to use.

Although I don't know what this thing is, just click to enter and explore a little bit to understand.

As for if you don't understand.

that's OK.

Take a look at your friend's space and you'll know how to do it.

……

"John, let's go early today to make a good impression on them."

"Boss, does 51.com really have such great potential?"

"Of course, looking at how Facebook has developed recently, I can tell you that 51.com is China's Facebook."

"Lorne", the head of Goldman Sachs Capital China, sorted out the documents and confirmed that there was no problem, so he was ready to go.

Although the investment valuation this time is slightly higher, it is also worth it.

Especially thinking about Facebook, Lorne felt that this was a once-in-a-lifetime opportunity.

However, when Lorne was about to go to the hotel to sign a contract with 51.com, the secretary came suddenly.

"Head, Huanyu Technology has launched a business called YY Space."

"YY space?"

"Yes, this business is basically the same as 51.com's positioning."

"This……"

Hearing this news, Lorne froze for a moment.

Afterwards, he quickly turned on his laptop and experienced YY space himself.

"Give a call to 51.com and tell me to postpone the signing arrangement this time."

Closing his eyes, Lorne said helplessly.

Chapter 609: Moments in WeChat

"What, Goldman Sachs is suspending the contract?"

"President Shi, just received a call and fax from Goldman Sachs."

"What reason?"

"They said that Universal Technology launched their YY space."

"Universal Technology launched their YY space, is Goldman Sachs afraid of this?"

Shi Yuzhu literally vomited blood.