Rebirth of the Wild Age - chapter 708

When Michael Moritz flew around in China to flicker on Sequoia (China) investment partners, a shocking news suddenly came across the ocean.

Youtobe, which was founded only one and a half years ago, was acquired by Google for a sky-high price of US$1.65 billion!

Previously, the media had always said that Youtobe had two founders, but it was not until Google spent a huge amount of money to acquire them that it found out that there were three of its founders. Moreover, the American media was surprised to find that it was Song Weiyang and Taurus Capital that had made angel investments in Youtobe.

For Song Weiyang, how could this kind of thing be missed?

When Youtobe was first founded, Sohu Video was already engaged in promotional activities, and Zhang Chaoyang went to various parts of the country to acquire film and television copyrights. Song Weiyang did not take any action on his own, and directly asked Taurus Capital to investigate in the United States, and took 30% of Youtobe’s equity.

The three founders of YouTube, Chen Shijun, Hurley and Karim, were madly happy to face this angel investment.

Because Youtobe’s traffic was pitifully low at the time, they didn’t have a clear positioning themselves. Even seeing that Facebook has become popular, they learned to describe YouTube as a dating site and advertised in Los Angeles and Las Vegas. It is claimed that if a woman uploads a video, each video can get 20 dollars, but unfortunately no woman responds.

In the end, it was the founder Karim who took a series of videos of Boeing 747 taking off and landing, which inexplicably increased the traffic on YouTube.

In an interview with reporters, Michael Moritz was asked: “Mr. Moritz, Google has just invested 1.65 billion US dollars to acquire Youtobe, which was founded only one and a half years ago. Song Weiyang and Taurus Capital are the only two. A large investor, a direct profit of 500 million U.S. dollars. As one of the world’s most prestigious venture capitalists, what do you think of Mr. Song Weiyang’s investment methods?”

“Song is of course the best investor,” Michael Moritz laughed. “In fact, when I came to China this time, the first person I visited was him. I had very friendly exchanges with him. He also invited me to eat Chinese hot pot. Here I would like to congratulate him on another perfect investment. At the same time, Sequoia (China) and Jinniu Capital have also reached a long-term cooperative relationship.”

When this interview appeared in the newspaper, it turned into a strategic cooperation between Taurus Capital and Sequoia Capital, and the two major investment funds of the East and the West will join hands to create the future.

In addition, Song Weiyang took Taurus Capital and made 500 million U.S. dollars in a year and a half by relying on angel investment in Youtobe. This news instantly ignited public opinion. It is true that Song Weiyang’s every move is being watched, and Google’s acquisition of this time is too evil, and the major media are overwhelming with relevant reports.

“Fuck it, you deserve to be Dr. Ma, every shot is sure and ruthless!”

“Google is crazy? The acquisition of a video site actually cost more than 1 billion US dollars, so how much is Sohu Video worth now?”

“God-like investment, you don’t have to wait for the IPO to be cashed out. Even the A-round financing procedure is not gone, and the angel investor directly made 500 million US dollars. To be honest, when I first saw the news, the whole person was already I was stunned. Brother, I am also working in a certain investment fund. Dr. Ma’s operation this time has surpassed my imagination.”

“How much did Dr. Ma vote this time?”

“Dr. Ma and Taurus Capital invested 2.8 million U.S. dollars, holding a total of 30% of Youtobe’s equity. Based on the purchase price of 1.65 billion U.S. dollars, Dr. Ma and Taurus Capital made a net profit of 492.2 million U.S. dollars. Also, ask the gods in the bar, How is this kind of investment income taxed in the United States?”

“The tax rate is only 20%, which is extremely low.”

“It’s one-fifth, low?”

“The taxation of venture capital income in the United States reached 49% at the highest point. Do you say that 20% is now low? Also, compared to executives of large companies in the United States, the 20% tax rate is also particularly low.”

“Don’t say it, it’s teary to mention it. I work in a company in the United States, and 28% of my monthly salary is taxed. Capitalist countries are just such nonsense. I am a part-timer and earn some hard money. Personal income tax is as high as 28%, while Dr. Ma’s hundreds of millions of dollars in income is only levied at 20%.”

“Brothers, I caught a wild pretender. The guy upstairs has been levied 28% of the tax and has an annual salary of at least US$90,000!”

“I confess, my annual salary is about 100,000 U.S. dollars. But is it a lot? My annual salary is 100,000 U.S. dollars, taxed 28%; Dr. Ma makes 500 million yuan in a transaction, and the tax is only 20%. This is American capital. The government’s ugly face!”

“Man, based on your income standard, you will be expropriated 45% in China…”

“Fuck, why is this post crooked?”

“Dr. Ma, as expected, the grass roots with a monthly salary of 3,000 yuan are trembling.”

“…”

Sogou Post Bar has heated discussions, and China’s Internet industry has also exploded!

Affected by Youtobe’s $1.65 billion transaction, dozens of video sites suddenly appeared in China in the following months. The previously created video sites have also been favored by venture capitalists, with an average of at least US$500,000 for each site.

Then, Mr. Zhang Chaoyang, a well-known Chinese film and television investor, flew overnight to advise the richest man Song.

“Sohu Video should be split from Sohu.com,” Zhang Chaoyang said with excitement. “It was split and listed on the Nasdaq. It used the stock market to extract funds and then expanded aggressively, using money to squeeze all domestic competitors to death. !”

Song Weiyang smiled and asked, “Have you discussed with Gu Yongjiang?”

“After discussing it, he feels that the time is not yet ripe,” Zhang Chaoyang said, taking a puff of cigarettes, “but I think now is the best time to go to market. Google’s acquisition of Youtobe at a high price has had a great response in the United States, and Sohu Video will definitely be able to win the United States. Favored by investment institutions, it can operate and go public within a year or a half at the earliest.”

Song Weiyang said: “Then you try it, I will let Lao Gu cooperate.”

Zhang Chaoyang said: “After Sohu Video is split, how will the equity be distributed?”

“You must be indispensable. You can make an equity incentive plan.” Song Weiyang said.

Although Zhang Chaoyang is only Sohu’s nominal CEO and has no real CEO power, he happens to manage Sohu Video. Once Sohu Video is split, Zhang Chaoyang can get additional equity incentives. This is why he can’t wait. After listing, it will be a real dollar!

With Song Weiyang’s approval, Zhang Chaoyang was naturally very happy. He jokingly said: “Boss, if you encounter a good investment project in the future, you should take me with you. You eat meat and I drink soup. Just invest. For Youtobe, it’s enough if I can make a few million dollars~www.mtlnovel.com~ Yes,” Song Weiyang agreed casually, “The premise is that you want to make Sohu video well, and if there is a problem with the website, I will do something wrong. No one will take you when you vote.”

Zhang Chaoyang said positively: “Don’t worry, I promise to do it seriously!”

Zhang Chaoyang, who has always been out of business, suddenly changed his sex, as if he had become the original entrepreneur again. He goes to work on Sohu Video on time every day, combing and developing the video website while preparing for the IPO-facts have proved that money can bring unlimited motivation, and it can also make a prodigal incarnate a workaholic.

It is a pity that the market of video sites has deteriorated rapidly, because new sites have sprung up like mushrooms after a rain, and old sites have also smashed money after receiving venture capital. Sohu Video is facing unprecedented market competition.

If you want to successfully land on Nasdaq, you must use all the power to fool the Yankees, and you have to increase the traffic of Sohu Video to a higher level as soon as possible.

Therefore, despite the face of China Film, Zhang Chaoyang appointed Hu Gela as the contracted director of Sohu Video. He also announced that he would invest in Hu Ge to make an online movie, and at the same time buy out the online copyright of “A Murder Caused by a Steamed Bread”.

This operation immediately ignited public opinion. Hu Ge even held up his thumbs during the signing ceremony. The related video attracted countless passers-by, which directly doubled the number of views of Sohu Video within a week.

Zhongying and Director Chen felt as uncomfortable as if they had eaten flies, but in the end they chose to remain silent. Because they said six months ago that they would sue Hu Ge, they were ridiculed by the crowd, and they had no choice but to humiliate any more.

Zhang Chaoyang deeply regrets this. He hopes that China Film will come to sue. It doesn’t matter whether the lawsuit is won or lost. Anyway, the bigger the trouble, the better.

It’s just that, Sohu Video has completely offended China Film. It is estimated that it will be difficult to buy the film and television rights of China Film in the future. Zhang Chaoyang’s trick is purely to kill chickens.