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Chapter 1082 33 billion dollars!

There are many chances and many necessities in history. The concept of centralization is inevitable for the development of the Internet to a certain stage. However, Li Mu's domineering towards Yahoo made ben.clarkson accidentally become the proposer of this concept.

Ben.clarkson came up with this concept and made himself particularly recognized by the entire industry, while also using this concept to repay Li Mu.

With the concept of centralization, there are generally two products on the market that can meet the requirements, one is yy and the other is Microsoft's windos.

However, Windows itself is an open platform for all developers, which is very different from yy. Any software developer can develop his own products on Windows, and does not need to be reviewed and approved by Microsoft and Windows. However, yy is different. All its product functions are split and yy itself 100% controlled by yy itself.

Take the current yy game platform as an example. Today, Li Mu can allow other chess and card game development companies to operate the small games they develop under the yy game platform, and then divide the game flow with the game development company. However, he can also remove the other party's games from his own platform at any time. yy has absolute control over the yy game platform, so it is a real centralized product.

This is true for a yy game, let alone the ecosystem of the entire yy product.

As the only representative product of the current centralized concept, yy's attention has once again increased. This time, companies in the industry have regarded Makino Technology as a god. If you accidentally make it reach such a huge scale and such a powerful influence, this makes the entire Internet industry amazed at it.

So, Li Mu gave Sequo a final offer to Sequoia at the negotiating table: the valuation of Makino Technology's C round financing is US$33 billion, and Sequoia acquired 10% of Makino Technology's shares for US$3.3 billion in cash. These 10% of the shares are diluted by the overall proportion of existing shareholders of Makino Technology. However, Sequoia only owns equity and does not have any voting rights, and must not interfere with the daily operations of the company. At the same time, Makino Technology will take out US$300 million from this US$3.3 billion as the cash-out part of the shareholders of this financing.

That is to say, $3.3 billion comes in, $3 billion enters the books of Makino Technology, and the remaining $300 million is distributed proportionally by all shareholders before the shares are diluted. One point can get three million US dollars in cash when diluted to 0.9 points.

Moreover, the remaining 0.9 points are still available after getting the three million US dollars. Based on the market value of 33 billion, the market value of 0.9 percentage points is also nearly 300 million US dollars!

Sequoia didn't want to sign such an agreement even if she was beaten to death.

First of all, they had just barely accepted the valuation of 30 billion, and suddenly they increased by 3 billion. This valuation grew too fast and the heart couldn't stand it;

Secondly, they don’t want the shareholders of Muye Technology to cash out in this round. They invested 10% of the valuation of 30 billion US dollars to Muye Technology and used all of them as the company’s subsequent development funds. In this way, they can still balance their minds.

Li Mu's current request is basically like suddenly asking Sequoia to take out an extra $300 million so that he can give everyone a point. The person in charge of Sequoia is willing to die. If you reward the team and ask us to get an extra $300 million, how can such a domineering thing be?

However, Li Mu insisted on being so domineering.

He had long seen through the essence of capital. Capital is profit-seeking. Whether it is angel investment or venture capital, it is profit-seeking. No matter how good the angel investors are, they will not invest in projects that will definitely be ruined. They seem to be brilliant and say to those silk entrepreneurs struggling on the survival line: "Come on, come to me, I will give you money to develop."

In fact, their subtext is: "Come on, let dad see if you have the potential to make money. If so, let dad invest in stocks at a low price."

For companies with a promising future but not so bright, they are willing to provide capital as their own father, but the real father of capital may not regard it as their own son; for companies with a bright future, capital is willing to kneel down and call them fathers. As long as his father can allow him to earn a part of the shares, everything else is easy to say.

Li Mu doesn't want to play with capital such a stupid thing. Since everyone is profit-seeking, I will give you a final offer. If you are willing to agree, everyone will shake hands and sign the contract and tie it together in the future. If you don't agree, I will not keep you when you leave. If you leave, I will use the same OER to find others.

Sequoia was tortured by Li Mu. Negotiations began when Muye Technology had not left the house and its valuation was only a few billion US dollars. As the talk came to the United States, yy became popular among the elite group, and its valuation suddenly became more than 10 billion. Then Li Mu stopped talking and made heavy blows in one go. "Paradise Town" gained attention from the whole United States. Yy forced a large number of users and doubled the user scale. This was not over. Li Mu turned his head to Harvard. When he returned from New York and Hollywood, Muye Technology had already had 30 billion.

Sequoia has been investing for so many years and has never seen a player who can set the pace like Li Mu. Every time they can only look at Li Mu's strategy and tactics in a daze, sighing: "How can this kind of operation be found in the world?"

Li Mu is like a super e-sports master. He just strolled into the jungle area and then came out after farting, and he was already wearing a super magical outfit.

Li Mu turned all the impossible into possibility, and he was also making the $33 billion valuation of Muye Technology possible.

Because Li Mu's attitude was extremely tough and without any room for anything, after struggling for two days, Sequoia finally announced that it would accept Li Mu's financing conditions and officially start due diligence before financing.

Unexpectedly, Sequoia, which finally managed to be beaten up by Li Mu again.

Li Mu directly responded to Sequoia in the form of a official letter in the company level. The core content is: "What are you and us? It's time to do this, who has time to accompany you to make financing due diligence? Before signing the contract, I can first open the company's general market revenue data. Once the contract is signed, I will open the financial account information to you. After you see it, you will pay immediately. After the payment, everyone will officially complete the financing. I accept your regular checks. That's all, if you want to withdraw, you can withdraw before financing or ipo. If you are unwilling to withdraw, make your own decision in the stock market next year or after the year after ipo."

At the end of the official letter, Li Mu's request was: "Think as soon as possible and reply as soon as possible. I don't have much time to waste on waiting."

Sequoia is so funny.

Li Mu is really a rare hegemonic company. He can raise funds so domineeringly. This Chinese is really extraordinary. The key is that Sequoia still has no temper at all. Who makes people develop quickly so scary? The valuation update speed is too fast. Maybe something will happen tomorrow, and the 33 billion people disagree.

In fact, Li Mu now has a magic weapon to increase the valuation of Muye Technology. This magic weapon is "Plant vs. Zombies" that he changed to a social network game. After the internal testing of this game, everyone in the game development team thought that this game was simply too fun and was about to be crazy. If it weren't for the boss watching, I'm afraid the entire department would have been abandoned on this game.

Li Mumo's modified "Plant vs. Zombies" almost turned into "Plant vs. Zombies online", and it pays great attention to interaction and cooperation with friends. For users who have played normal "Plant vs. Zombies", they may not be used to playing it, but for this era, these users who have never played "Plant vs. Zombies" and have not even played serious tower defense games, this game is so fun and toxic!

If this game is now available and promoted through YY, which has soared the number of users, it will probably be popular all over the world in a few days, but Li Mu also has his difficulties at the moment.

First of all, two super-large activities of "Paradise Town" are advancing, and they are in the limelight in the game field for a while, and no one can defeat them. At this time, if "Plant vs. Zombies" is launched, it will directly steal the limelight of these two activities, and eventually it becomes that no one can defeat "Paradise Town". Li Mu defeated it with a new product himself. This is internal friction and is not desirable;

Secondly, "Plant vs. Zombies" is an online game, which means it requires server bandwidth to support it.

If it only supports hundreds or thousands of people to play, then this server bandwidth requirement is nothing to Muye Technology.

But Li Mu knew the magic of "Plant vs. Zombies". This thing became popular faster than Uncle Bird's horse-riding dance. It might become popular all over the world overnight. In that case, what the server of "Plant vs. Zombies" needs to carry is probably the huge demand for tens of millions of people to play at the same time;

Moreover, the overall game rhythm of this thing is much faster than that of "Paradise Town". "Paradise Town" is a business game, collecting corn in the fields, feeding chickens in the chicken circle, and handing tasks in NPG. Even if there is a certain amount of lag and delay in data processing, it is fine. Not only can users endure it, but sometimes they can't even feel it.

But if there are lags and delays in the battle state of "Plant vs. Zombies", it will be fatal. Just as they are about to grow pea shooters, they get stuck. When they react, they have been pushed by zombies along the way, and this user experience is definitely like a dog. In the end, if the user's online experience is too poor because the server is not loaded, and they turn to play stand-alone mode, the greatest significance of this game will be completely useless.

To build "Plant vs. Zombie Online" that supports tens of millions or even hundreds of millions of users, Li Mu really needs to establish at least five to six large data processing centers around the world, otherwise this game will not be able to be produced.

Therefore, Li Mu has no way to take out "Plant vs. Zombie Online" to increase the valuation. He can only raise funds first, and then invest funds to build a data processing center, wait until the data processing center is built, and then launch "Plant vs. Zombie Online".

In the Internet game industry, most games are influenced and restricted by regions and culture during architecture and development, so they often have local popularity and overseas weakness. Apart from aliens like World of Warcraft, few online games can be popular all over the world.
Chapter completed!
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