Chapter 365

As the outside world guessed, Huizhong's round a financing of US $9 billion and more than 60 billion yuan sounds very unrealistic. In fact, Fang Zhe and Huizhong also paid a great price for this round a financing!

Of course, nearly 20% of Huizhong's shares are the big head, but in addition, Huizhong executives such as Fang Zhe and Zheng Siwen have also signed extremely complex investment agreements with investors such as apple!

As many industry insiders in the investment circle discussed, apple, Softbank and other world-class capital are not fools. How can they send so much money to Huizhong when they are wronged?

In fact, in order to maximize their investment rights and interests, investors such as apple and Huizhong agreed that Huizhong must complete the listing within three years, and the market value must not be less than US $100 billion!

What is the concept of a market value of $100 billion? Nowadays, there are no more than 10 IT companies with a global market value of more than $100 billion. Even considering the global economic recovery and inflation, it is unlikely to exceed 20 IT companies with a global market value of more than $100 billion three years later!

In other words, if Huizhong can be listed with a market value of more than US $100 billion within three years, Huizhong will be enough to rank among the top 20 global IT enterprises!

Based on the valuation of $45 billion, the valuation will more than double in three years, which is almost impossible for people in the investment circle and the all Internet industry, because it is almost equivalent to rebuilding the market value of Huizhong or Tencent!

The larger the value, the more difficult it will be to double the growth. This is what everyone who has studied mathematics in primary school knows. Therefore, investors such as apple put forward such harsh conditions. If Fang zhe can't lead Huizhong to reach this condition, Huizhong needs to buy back shares from investors such as apple at a price not lower than the financing price in three years!

Capital pursues profits. In Huizhong's round a financing, it shows incisively and vividly. The abacus of apple and other investors is not bad. It's done. They catch the free ride of Huizhong's rise, make a lot of money and lose. They also want to drain Huizhong, at least keep their investment cost first!

Therefore, when apple and other investors jointly proposed this investment condition to Huizhong at that time, it was almost unanimously opposed by shareholders including Zheng Siwen and Li Yifei.

Throughout the development history of the Internet industry, the capital may have various restrictions on the financing of large and small companies in the process of growth, but it is almost rare for companies like this to make a steady profit without loss and do not want to take a little risk. Such conditions are too unfavorable to the invested companies!

If Huizhong can't agree to this condition, investors such as apple require to reduce the valuation of Huizhong from US $45 billion to US $25 billion. In other words, they hope to get the same shares with half the current investment amount!

To put it bluntly, even if wechat shows great potential, Huizhong is still regarded as a game company by most capital and institutions. As for wechat, which is rising rapidly in the world, although it has great potential, it also has great risk.

Because even apple, Carlyle capital, Softbank, etc., who invest in it, think that even with their help, Huizhong's wechat is extremely difficult to grow safely and steadily in the world!

In front of the national machine, even these capital that can handle the world will show a helpless side. Just like China with such a large market, a wall blocks overseas IT giants!

With a conservative valuation of $25 billion and a conditional valuation of $45 billion, Fang zhe finally chose the latter!

Not to mention the financing amount more than double the valuation of US $25 billion under the valuation of US $45 billion, only for the current global development needs of Huizhong, Fang zhe must let Huizhong win a higher valuation, which is not only a matter of money, but also a matter of potential and influence!

$25 billion, so Huizhong can only rank behind the three domestic bat companies and become the h at the bottom. Virtually, both the industry and Internet users will think that Huizhong is not as good as bat. In the competition with Tencent, Fang zhe was a little shorter when he was on the same stage with two horses and one Li!

Not to mention that in the world, the valuation of $25 billion may be the unlisted IT company with the highest valuation in China, but overseas, including unlisted Facebook, twitter and so on, there are several companies that are close to or even exceed this valuation. In comparison, Huizhong's potential and influence are bound to be greatly reduced.

And $45 billion, not to mention in China, but also in the world, Huizhong is also the unlisted IT company with the highest valuation, which is of great benefit to Huizhong's future development and influence expansion in the world!

Obviously, after Huizhong completed the round a financing of $9 billion with a valuation of $45 billion, major newspapers, media and financial reports all over the world reported the matter on the front page of the first time!

"Chinese company Huizhong completed round a financing with a valuation of US $45 billion, with a financing amount of US $9 billion, the highest in global history!" the Wall Street Journal.

"Apple invested $4.5 billion in a Chinese company, but it accounted for only 10% of the shares!" the New York Times.

"China Huizhong, the parent company of wechat, has obtained the investment of Carlyle Group, and the French Ministry of communications may end the security investigation of wechat!" the times.

"Huizhong's support from world-famous capital may help Huizhong accelerate the process of globalization!" people's daily.

"The unlisted IT company with the highest valuation in the world is in China! Great, Huizhong!" Sina News.

......

The news of Huizhong's round a financing has not only been reported by major media all over the world, but also set off a heated discussion among netizens all over the world. Many game users and product users of Huizhong have scrambled to leave messages on the Internet to express their views.

"Congratulations, there is another world-class company in Greater China. I wish the motherland prosperity! -- an overseas Chinese from Los Angeles."

"The unlisted IT company with the highest valuation is actually a Chinese company, fuck China dragon! Are all the IT Americans dead?"

"This company is the developer of happy town! It's not surprising that madder has cheated me $20000 for this game!"

"Shake hands upstairs. Chinese games are too expensive. I downloaded the fruit games for $4.99 at the earliest. So far, I have spent more than $2000 on this game! Cry -#-!"

"Wechat is very useful. I like the company's products and prefer the company's games. I wish the company better and better, and I must protect data security. I don't want my wechat circle of friends to be seen by my mother one day!"