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053 Tell you, this is a super incubator

Good news came early in the morning. Chen Yao was in a good mood. After hanging up the phone, he quickly wiped out the food in front of him.

20 minutes later, Luyuan Building.

Chen Yaogang walked into the first floor lobby of the company and met the president Guan Xinyan, who was wearing a black career suit as always.

"You are back just in time, and investors from major companies are waiting for you upstairs." Guan Xinyan said quickly, pulling Chen Yao's arm.

Last time I met with the capital tycoon at school, but the negotiations failed and the A-round financing was not successful.

Today, they came again and continued the last negotiation.

Chen Yao smiled. This time was different from last time. With the Internet disk, the valuation of Legend Company needs to be raised online.

5th floor, conference room.

Guan Xinyan pushed open the glass door and Chen Yao walked in.

Capitalists wearing suits and ties and wearing top gold watches sat inside drinking coffee.

Compared to the last time, there are more companies interested in Legendary companies this time. In addition to Goldman Sachs, ****, SoftBank, and ByteDance, the company sent representatives here.

From Chen Yao's heart, he is not rejected by capital investment. Since Legend has created a network disk, he needs to invest in data centers and purchase network broadband. His desire for funds is stronger than ever before.

The premise is that the company's valuation cannot be lowered, and you must control the majority of the company's equity.

Chen Yao walked over and shook hands with them one by one.

"Mr. Chen, it's amazing to start a unicorn company at such a young age!" A man in a blue suit smiled while shook hands.

In the technology and Internet industry, there are only a few giant companies coming and going. It is really refreshing to have a young man who founded such a powerful company.

Chen Yao sat down and said directly: "I believe you have agreed on it. How much valuation will be given to Legend?"

The last valuation was $3 billion. Now that we have a network disk, the value needs to be reassessed!

A representative from SoftBank Capital, a middle-aged Japanese man named Mitsui Teng stood up.

He pushed the gold-rimmed glasses and smiled: "Your company is indeed developing very fast, but how long has the Legend Netdisk been released? At present, we still can't see the potential of Legend Netdisk."

It is not surprising that a person who specializes in capital cannot see its value. Chen Yao looked at the representative sent by Penguin Company, the man in blue suit, whose name is Luo Yuntong.

"Have you used Legend Netdisk? Do you see what its advantages are?"

Luo Yuntong smiled and nodded: "It's very valuable. Legend Netdisk has developed a super compression algorithm that can speed up the upload and download of files. No domestic company can do this technology. We are very optimistic about the prospects of Legend Netdisk."

Nowadays, Penguin Company is like this. If it does not have the technology and cannot do good applications, then it will invest and acquire.

Anyway, it is rich and generous, and many small and medium-sized Internet companies are unable to withstand their money offensive.

Chen Yao asked: "Then what do you think the reasonable valuation of Legend Company should be now?"

Luo Yuntong was very decisive and stretched out four fingers: "4 billion US dollars!"

Everyone inside was surprised. The valuation of the legend last time was only 3 billion, and it appreciated to 4 billion so quickly!

In other words, if Chen Yao separates the Legend Netdisk and establishes a company, he will also be a unicorn worth 1 billion US dollars!

In such a short time, two unicorn companies were cultivated, and their speed was not the world's number one, but also the best in Asia!

However, Chen Yao was not satisfied.

He shook his head and said, "This valuation is still low."

4 billion US dollars, this is also called low. The network disk alone will give you a valuation of 1 billion US dollars. What else do you want?

The investors on the scene felt that he was like a beast, even more fierce than a capital tycoon.

Chen Yao said slowly in a tone: "Do you know dropbox? The famous American cloud storage company has now valued over US$9 billion."

Dropbox was founded in 2007 and is headquartered in San Francisco. It is a world-renowned personal cloud disk company.

Such a famous one, the investors present must know.

But……

Luo Yuntong smiled and said, "Your company is too different from dropbox."

"That's because you haven't seen the true value of Legend Netdisk."

Chen Yao put down the coffee cup, turned on the laptop and operated it, and the large screen behind him lit up.

A line of big words appeared on it—

Legend Netdisk is a super incubator!

Super incubator?

Chen Yao faced the capital tycoon with a confident smile: "With the advent of the 5g era, online cloud disk will become more and more important. It is not just a simple file resource storage tool, it is also a place where massive file resources gather. What does this mean..."

He paused for a moment: "Through it, Legends can incubate multimedia applications such as videos, novels, music, games, etc."

"Its traffic will surge. What does it mean? I believe Penguin knows better than me."

Luo Yuntong smiled, but he still had doubts: "No matter how high the traffic is, how big can it be?"

Chen Yao said confidently: "The users of Legend Network Disk will usher in an explosive growth in the future, and the number of users will exceed 1.2 billion! Penguin's WeChat is just this number of users, right?"

This... Luo Yuntong was shocked!

Penguin has been singing all the way in the PC era and has become popular almost any application, but in the mobile Internet era, their short videos have completely lost to Douyin.

How Douyin developed was successfully incubated with the help of Toutiao's traffic.

Toutiao relies on their algorithms, while Legend relies on algorithms. The difference is the recommendation algorithm and the latter is the compression algorithm.

Penguin has algorithmic technology, but it cannot achieve that kind of experience.

If it were really like Chen Yao said, Legend would become a terrible opponent, yes, a powerful opponent who could threaten the giants.

Because you can't predict, once Legend Netdisk evolves into a huge incubator, it will incubate super applications that are popular across the country or even around the world.

Chen Yao said: "The technology we master can not only speed up the upload and download of files, but also save a lot of server and broadband resources. What does this mean?"

He glanced at everyone and said, "Legend Network Disk will become the world's first personal cloud storage company to achieve profitability!"

The operating costs of network disks are extremely high, and purchasing servers and broadband requires huge expenses. There is no company in the world that has achieved profitability in personal network disk business.

Most companies are burning money.

According to his technique, everyone will not doubt that what he said is true.

Once Legend Netdisk becomes profitable, it will embark on a more brilliant golden avenue!
Chapter completed!
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