Rich life from scratch

Chapter 234 Penguin's Rare Failure (Part [-])

So Qupai seems to be going to the complicated B-round financing, but under Wang Dehai's predecessor, the result was negotiated in advance, and all those who have not yet entered the market and have not had time to contact are also apologized!
The financing reached a verbal agreement in lightning speed, and Wang Dehai is willing to contribute more than one billion US dollars in financing, including the convenience of network resources, to help FunPai win this acquisition battle!
Those venture capital funds that have not yet had time to act have changed their face so quickly towards the Ascendas Department. They were invited to talk about financing yesterday and said not to come today, which inevitably makes people feel a little unhappy.

But when the news of Maspree came out, none of them said anything.After all, they are well-known shit-stirring tyrants in the industry who have no place to burn their money. Basically, if there is room for them, the project will inevitably have a premium.

The venture capital circle doesn't like Maspree very much, but companies love them very much. So in the past few years, there has often been a situation where once Masprey intervenes, companies that are desperate for money often cannot escape "they are giving too much money." more" rule.

Maspree got connected with Tengfei so quickly, and the others were even more helpless.

And their valuations are really high. The valuation of Qupai’s round of financing exceeds 120 billion US dollars!
The amount between the two financings of Qupai is similar, but the valuation unit is RMB and the other is USD!

This offer made Lianhua Capital, which was initially the leader, experience what it means to skyrocket on a rocket even faster than going public!
Yang Shihao, who was sitting at home, clapped his hands and laughed when he heard the news: "If this guy doesn't hide his strength, who can beat him!"

Because this project, which was not very eye-catching at the beginning of the year, is now worth more than [-] billion US dollars!It also made countless venture capital funds that were late to make a move, unfortunately they didn't catch up with the car!
And no one thinks that Maspree's valuation is unrealistic, because combined with the development trend of FunPai, he may not be as high as the current similar software, but the growth rate is the most terrifying!

Masprey can afford the price, and Qupai is also considered to be able to afford the price!What's more, after the money is in place, they will continue the previous money-burning promotion, and the snowball will get bigger and bigger!
When the news officially spread to the outside world and was reprinted by various media,

Soaring is a tough penguin drama, with another dramatic twist.

The investment giant in the industry, Masprey Huaxia is here!

They provided US$12 billion in financing and made it clear that they would support FunPai’s acquisition of musically. The funds will be presented in the form of Series B financing, and the scale will not be small and the strength will not be weak!
Because Masprey is a foreign businessman, their achievements in North America are also not small, and their comprehensive strength can easily influence the judgment of musically. This means that Penguin is no longer unshakable!
As soon as the news came out, there was a storm in the industry!

What started as an ordinary acquisition has turned into a confrontation between social giants and capital predators!
On the one hand, there is the famous penguin, half of the social network on the Internet;

The rumors about Maspree's strength are true and false even if they are incomplete, but their financial ability does not frighten Penguin at all!
On the main battlefield of the acquisition, Maspree has enough advantages to suppress the Penguins!

The original thought that the soaring department could not be played, was overturned in an instant!
This is accompanied by some gossip: Lin Qishan has a very close relationship with Maspree, and the source of funds for his business comes from Maspree!
This news was only spread in the circle, but it was confirmed once again. Why Masprey was able to be so quick and willing to pay a premium to support Qupai. The reason is that they are in partnership!
Here, those people who thought Lin Qishan had no strength and was too arrogant were instantly slapped in the face!
Lin Qishan has such a strong background, he is properly pretending to be a pig and eating penguins!
So brutal—that's how many in the industry describe him.

Before this matter is signed and the contract is over, no one dares to guess the winner or loser now!
……

When the news reached Penguin, they were really unexpected.

In the beginning, Penguin's acquisition of musically was actually an indirect means. They contacted through Kuaishou, and the significance was to integrate the development of short videos and pave the way overseas.

But after discovering that Qupai was also very attentive to musically, Penguin finally couldn't hold back and went to the battle in person to negotiate the acquisition in the name of Goose.

Even Li Hui, a senior officer in the investment department, was named by Brother Ma to play.Food, grass, soldiers and horses are all first-class levels. For them, it is not difficult to win musically.

Although Qupai has been gaining momentum recently, its own valuation is not too exaggerated, and their valuation is capped at 50 billion US dollars!
Considering that the asking price of musically must be greater than their C round of [-] million, it is possible for Qupai to realize the acquisition, but this move will inevitably hurt muscles and bones. Penguin only needs to ask for a higher price, or more likely: My asking price is lower than Qupai, but if you have traffic, you can do whatever you want!

After all, Musically is a Chinese team, and of course they know that Penguin in China means top traffic and the richest social ecosystem.

Just when everything was going as planned, musically and Qupai failed to talk smoothly, and when the contact with the penguins became closer, Masprey went straight to the bomb!
These guys forcibly pulled the valuation of Qupai to 120 billion, a premium that is twice as high as that in the industry, which explains what arrogance is - of course, in the eyes of Goose, this is a fool with a lot of money!
But they also had to accept that if there is more money, they can do whatever they want, not to mention that North America is Maspree's home field. Once the financing is negotiated here, someone in North America will immediately lobby!
The Chinese team understands Maspree's arrogance and wealth better. They have made various cakes with Qupai, and they have joined forces with the Huaxia North American team to save what is bad and use the funds to quickly rush to the world and dominate the world.

And here comes the bad news—for the penguins.

Qupai can provide acquisition funds of 8-10 million US dollars, which is higher than Penguin's asking price!
Fun Pai's partners have a strong background, which also contributed to the great shake in the morale of the musically army!

The news was gathered in front of Li Hui. He studied it several times, and he could only sigh in his heart. Qupai hugged the thigh of the North American benefactor, which is really overwhelming!

He also told the news of this headache to his immediate boss, Brother Ma.

After Mr. Ma heard this reversal on the phone, the expression behind his glasses became a bit dissatisfied, but also a bit helpless. People are overseas, and strong dragons can't overwhelm local snakes!

What's more, it's hard to say whether the goose is a strong dragon or not. They don't have much influence in North America at all, and they just have some strength in the Asian region.

Facing such a local snake, if they were tough, they would have a greater chance of suffering.

Mr. Ma understood somewhat in his heart that this matter was probably hopeless.

But it also made the penguins, who have been doing well in recent years and doing what they do, feel that they have to attack with all their strength and are bound to win, and suddenly they are uncomfortable to fetch water from a bamboo basket!
After all, in the past two years, Huaxia Internet Jianghu has been muttering in private: Penguin is very, very, very beautiful!Sit firmly in the top spot of Huaxia Internet, if you want the wind, you can get the rain!

From 51 in the early years, to meager, 360, and YY, they were all easily beaten by them!
For a person who has been used to being the boss for a long time, suddenly being blown up by an unknown pawn who shows his trump card is really uncomfortable and hard to accept!

Failed to cut Hu, the acquisition plan fell through!
This is the reality Mr. Ma must face.

After putting down the phone, the other secretaries and subordinates in the office looked at him cautiously. The calm Mr. Ma seemed a little agitated today.

For the opponents who appeared out of nowhere to snatch the fruit, he must be unhappy, and the sullenness was already written on his face, but the city of the businessman calmed him down quickly.

Mr. Ma admitted in his heart that the acquisition had failed, but the other side aroused his attention: the competition for short video in the rivers and lakes has really heated up.

He is even more affirmed of the strategic significance of his investment in Kuaishou, because the rise of Qupai is too fast, and he has always had a mentality that has not yet been grasped in this field!
For them who have always copied when they have rivals, and bought them if they fail to copy, Mr. Ma's plan came into being: let Penguin also start testing short videos and use their social traffic to promote them!
This decision was made by him in a very short time.He must acquire the new field of short video. Since he can't acquire it, then I will use the big trick that has always been invincible in the past-copy Dafa!
Mr. Ma still has strong confidence in his social products. After all, it is an old empire that has ruled the Internet for more than ten years. If you push it casually, the traffic must be hundreds of millions!
So the track of history is in the dark, and the goose factory is still on the path it should be - you have to try and fail again to know that there are some things that they really can't handle!
ps: The donkey of the production team is on the third watch.

(End of this chapter)