Reborn multinational giant

As speculated by the outside world, Huizhong’s Series A financing of 9 billion U.S. dollars and more than 60 billion RMB is a very unrealistic thing. In fact, Fang Zhe and Huizhong also paid for this A round of financing. It's not a small price!

Of course, the nearly 20% of Huizhong shares that were let out are the big ones, but in addition, Fang Zhe and Zheng Siwen and other executives of Huizhong have also signed extremely complicated investment agreements with investors such as Apple!

Just like many industry insiders in the investment circle have argued, the world's top capitals, such as Apple and SoftBank, are not fools. How can they be wronged and give Huizhong so much money?

In fact, in order to ensure the maximization of their investment rights and interests, Apple and other investors have agreed with Huizhong that Huizhong must be listed within three years, and the market value should not be less than 100 billion US dollars!

The market value of 100 billion U.S. dollars, what concept? Nowadays, there are no more than 10 IT companies with a global market value of more than 100 billion U.S. dollars. Even taking into account the global economic recovery and inflation, three years later, the global market value of IT companies over 100 billion U.S. dollars , It is unlikely to break through 20!

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

Based on a valuation of 45 billion U.S. dollars, the valuation has more than doubled within three years. This is almost impossible for people in the investment circle and the entire Internet industry, because it is almost equivalent to recreating a foreign exchange. Public or Tencent's market value!

The larger the value, the more difficult it is to double the growth. This is something everyone who has studied elementary school math knows. Therefore, Apple and other investors have put forward such harsh conditions. If Fang Zhe can’t lead When Huizhong meets this condition, after three years, Huizhong will need to buy back shares from investors such as Apple at a stock price not lower than the financing!

Capital is chasing profit. In Huizhong’s A round of financing, it is vividly demonstrated. Apple and other investors’ abacus is not bad. They are successful. They catch the ride of Huizhong’s rise, making big profits and losing. Now, they also want to squeeze Huizhong dry, at least to protect their investment costs!

Therefore, when Apple and other investors jointly proposed this investment condition to Huizhong, they almost met unanimous opposition from shareholders including Zheng Siwen and Li Yifei.

Throughout the history of the development of the Internet industry, large and small companies may have various restrictions on financing as they grow up. However, as they are now, investments that make a profit without losing money and do not want to take a little risk are almost It is very rare. Such conditions are really unfavorable for the invested company!

And if Huizhong cannot agree to this condition, Apple and other investors will demand that Huizhong’s valuation be reduced from 45 billion US dollars to 25 billion US dollars. In other words, they hope to use half of the current investment amount. The same shares!

To put it bluntly, even if the potential revealed by WeChat is great, Huizhong is still considered by most capital and institutions to be a game company. As for WeChat, which is rapidly rising globally, although the potential is great, it is also very risky.

Because even the Apple, Carlyle Capital, SoftBank, etc. that have invested in it, they think that even with their help, it is extremely difficult for Huizhong's WeChat to develop and grow steadily around the world!

In the face of the state apparatus, even these capitals that are well-versed in the world will show a helpless side. Just like China with a huge market, a wall has blocked every IT giant overseas!

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

Not to mention the amount of financing that is more than double the valuation of US$25 billion under the valuation of US$45 billion. For Huizhong’s current global development needs alone, Fang Zhe must let Huizhong obtain a higher valuation. It is not just a matter of money, it is also a matter of power and influence!

At US$25 billion, Huizhong can only be ranked behind the three domestic BAT companies and be the last H. Invisible, both the industry and netizens will think that Huizhong is inferior to BAT, and Huizhong is competing with Tencent. When Fang Zhe was on the same stage with the three big brothers, Erma and Li, he was invisibly shorter!

Not to mention that in the world, the valuation of 25 billion US dollars may be the highest valued unlisted IT company in China, but overseas, including unlisted facebook, twitter, etc., there are several companies that are very close or even close. Beyond this valuation, Huizhong's potential and influence will inevitably be greatly reduced.

And 45 billion U.S. dollars, let alone in China, even in the world, Huizhong is also the unlisted IT company with the highest valuation, which will greatly benefit Huizhong's future development and influence expansion in the world!

Obviously, after Huizhong completed the A round of a huge US$9 billion financing with a valuation of 45 billion US dollars, the world's major newspapers and media, financial reports, reported this in the first headlines!

"The Chinese company Huizhong completed the Series A financing with a valuation of 45 billion U.S. dollars. The financing amount was as high as 9 billion U.S. dollars, which is the largest in global history!" The Wall Street Journal.

"Apple invested US$4.5 billion in a Chinese company, but only held 10% of the shares!" The New York Times.

"WeChat's parent company, China Huizhong, has received investment from the Carlyle Group of the United States, and the French Ministry of Communications may end its security investigation on WeChat!" The Times.

"Huizhong's support from world-renowned capital may help Huizhong accelerate the process of globalization!" People's Daily.

"The world's most highly valued unlisted IT company is in China! Great, Huizhong!" Sina News.

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The news of Huizhong’s Series A financing has been reported by major media around the world, and has also set off a lively discussion among netizens worldwide. Many game users and product users of Huizhong have rushed to post online messages. Respective views.

"Congratulations, another world-class company has been added to my Greater China, and I wish the motherland a prosperous and prosperous country!-An overseas Chinese from Los Angeles.

"The unlisted IT company with the highest valuation turned out to be a Chinese company, fuck China Dragon! Are all the IT Yankees dead and clean!"

"This company is the developer of "Happy Town"! Not surprisingly, this game made me pitted me at $20,000!"

"Upstairs shaking hands, Chinese games are too much money. I downloaded "Fruit Games" for $4.99 since the earliest and I have already spent more than $2,000 on this game! Cry-_-!"

"WeChat is very easy to use. I like the products of this company and the games of this company more. I hope this company will get better and better, and data security must be protected. I don't want to be my WeChat Moments any day. Seen by my mother!"