Chapter 857: Three Billion Dollars in Series B Financing
Chapter 857 Three billion US dollars in Series B financing
January 2003.
Su Yehao, who left Changbai Mountain, walked around Sijiu City with his father. Most of the month passed in a blink of an eye.
It’s New Year’s Eve at the end of the month.
Su Yehao held a charity auction for Bauhinia Polytechnic in the castle in the courtyard of Dalangwan. Almost all the rich and famous people in Hong Kong came.
Wealthy businessmen from the casino also came to support us.
All kinds of luxury cars stretched from the yard to the outside of the mansion. It is no exaggeration to say that if something happened that night, more than half of the people on the Hong Kong City's rich list would be wiped out.
Su Yehao took out a jadeite Maitreya sign and a bottle from the Qianlong period, which sold for a total of more than 37 million Hong Kong dollars. Together with donations from other wealthy people at home and abroad, a total of more than 300 million Hong Kong dollars were raised through charity auctions.
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This amount of money is just a small amount, just to boost the fun.
In addition, donations of more than 2.9 billion Hong Kong dollars were raised, of which Liu Ye accounted for 2 billion Hong Kong dollars alone, as well as 100 million Hong Kong dollars from the Qu family, and 500 million Hong Kong dollars donated by Mr. Zhuang Shiping.
Several real estate developers in Hong Kong City jointly donated a teaching building.
Seeing a group of people being so active was beyond Su Yehao's expectations, and it was equivalent to saving him at least one billion Hong Kong dollars.
There are reporters on site to interview, and people who do good deeds also leave their names behind.
On the first day of the new year, this donation activity swept the headlines of major newspapers. The newspaper also followed suit and confirmed that it was willing to take out the land on the west side of Hong Kong Island near the sea and do its best to cooperate with Su Yehao to complete the construction of Bauhinia Polytechnic.
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After finishing this fundraising event, Su Yehao stayed with the girls for a few days, and then went to Silicon Valley to personally preside over Google's Series B financing.
Google's current valuation is around US$12 billion.
This time it plans to raise US$3 billion. In addition to using the funds for its own development, it will also personally develop or acquire a browser.
Su Yehao still remembers MSN Messenger’s sharp attack on the kaomoji group.
Netscape, which was recently controlled by America Online, finally lost to its archrival Microsoft and reached a settlement agreement for more than $700 million. The antitrust lawsuit that had been going on for several years has finally come to an end.
Netscape will receive more than $700 million from Microsoft at the cost of abandoning the browser market and disbanding the entire company.
Su Yehao certainly does not want to let Microsoft's IE browser become the dominant player, so as not to rely on traffic to develop businesses such as search engines and online games.
Restricting Microsoft has almost become the consensus of Silicon Valley Internet giants. Everyone will inevitably worry that Microsoft will seize the market with itself by relying on the traffic brought by the Windows operating system.
Everyone, including Su Yehao, only hoped that Microsoft would honestly continue its operating system and office software business. It happened that there were rumors that Microsoft was forming a search engine development team, and its ambitions were becoming more and more powerful.
Building a Google Chrome browser has become a matter of course...
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February 20, 2003.
Su Yehao has lived in Silicon Valley for more than two weeks. As a master of time management, how could he miss the opportunity to get along with Yin Liuli?
I asked her to bring her daughter to stay for more than ten days, which was to compensate for not taking her to travel with her during the Christmas holiday.
It's about ten o'clock in the morning local time.
At Google's headquarters, he accompanied other shareholders and executives to hear about Goldman Sachs' financing arrangements, which involved a total of three billion U.S. dollars in financing. It was considered the largest financing plan in Silicon Valley in recent years.
It is said that the subscription amount has exceeded expectations. Dozens of companies, such as Merrill Lynch, Lehman Brothers, Goldman Sachs, and the sovereign funds of Norway and Abu Dhabi, etc., have come forward to contact us.
besides.
He also didn't forget his "friends" on the East Coast, who specially asked people to sell it in Washington, saying that this was an excellent opportunity and that it would be listed directly after holding it for two to three years.
Although it was not stated clearly, everyone basically knew that this was Su Yehao's act of goodwill, and he was particularly active when subscribing.
Doing business in the United States has its own set of default rules. Many fancy things can only be believed if you see them in Hollywood movies and TV series.
Last year, the Kaomoji Group spent more than $60 million in "consulting fees" alone, successfully stalling the development of MSN Messenger and causing it to be investigated for acquiring America Online's business. The hearing has not ended yet.
If it weren't for this large additional expenditure in order to compete for development opportunities, Yanwen Group's profits could have been even higher last year.
At this moment.
Elvis, the head of Goldman Sachs, stood in front of the whiteboard, drew and told:
"Now there is a question. More than one potential investor asked how we plan to respond to the impact of Microsoft. I asked someone to investigate. Although Microsoft's search engine business has just started, it is expected to be launched in six months to one year.
market……"
Su Yehao sat lazily on the main seat. At this moment, he stretched out his hand and shook his finger, interrupting the other party and saying:
"I think you have misunderstood the concept. When people use IE browser, what they care about is not the browser itself, but the search engine. Google will soon develop its own browser and provide users with convenient installation.
services, this can actually increase user stickiness and launch some new features.”
There was a rich man in white robe named Omar.
He is the one who sold the shares of Apple to Su Yehao, and he represents the Saudi Kingdom Holding Company.
Because he was optimistic about Google, Omar had spent money to buy about 3.6% of Google shares from other shareholders, so he was eligible to be invited to the meeting today.
After Su Yehao finished speaking, Omar agreed and said:
"Yes, the IE browser itself is very simple. I have always wanted a more advanced browser. If you want to recruit the Netscape team, I can help. In fact, it only raised 3 billion US dollars. I asked
You can easily get these shares by asking your friends in Saudi Arabia.”
Kingdom Holdings itself represents the interests of many Saudi wealthy people. The recovery trend of Nasdaq has been quite obvious, and Google's performance is particularly good. The investment value is undoubtedly very attractive.
By now, no one will doubt that it cannot become the next Yahoo, and may even have the opportunity to do better than Yahoo.
Su Yehao smiled at Mr. Omar and said:
"You should know that my purpose of letting Google raise funds is not just to raise funds itself. I can completely use the priority financing rights. For the safety of the company and diversify the equity structure, I will give up part of the equity, so I will introduce more powerful people."
shareholders, it becomes more critical.”
Omar has been in Silicon Valley for so many years, and of course he also understands the importance of "sharing."
It can be said that Google's next development will not only depend on the company itself, but also on how many allies are willing to help and solve the troubles it may face at any time.
In his opinion, Su Yehao has already made a lot of money through Google. It is indeed a very wise decision to share some of the cake before going public...