Top of the big era

In the next year, many companies related to Zhoubuqi will complete their IPOs.

In October this year, educational institution Xueersi went public.

Wen Zhixia participates in shareholding, and the current shareholding ratio is about 17%.

In December this year, Youku will go public in the United States.

In January next year, Tai Zun Real Estate will be listed on the market.

This is a heavyweight industry laid out by Zhou Buqi for the Shi family's father-in-law, and it is the key to the Shi family's rapid decline and return to its peak. In order to support the development of Taizun Real Estate, Zhou Buqi also lent US$400 million to Taizun Real Estate in the name of his family fund, which has not yet been repaid.

It was originally planned to be listed on the A-share market, but later due to some approval reasons, it was chosen to be listed in Hong Kong.

Changyou will be listed on Nasdaq in March next year;

In April next year, Jieyu Media will be listed on the Hong Kong Stock Exchange;

In May next year, LinkedIn will be listed on the New York Stock Exchange. Zhou Buqi will participate in the final round of investment in his own name, with a shareholding ratio of only 1.2%;

In June next year, Yuanwei Group will be listed in Hong Kong.

So many companies are lining up to go public, indicating that the global economic situation is gradually emerging from the haze of the subprime mortgage crisis. Especially in the Internet industry, more and more companies have begun to plan for IPOs.

On this day, Zhou Buqi went to the International Department of Ziweixing, even the headquarters of Ziweixing Magic City, and met Liu Qing.

Liu Qing is the president of Ziweixing Magic City Headquarters. After the organizational structure adjustment, she was included in Ji Zian's corporate development business group.

However, Liu Qing's level is not lower than Ji Zian's, and they are both senior vice president-level executives of M7. The main reason is that Liu Qing also has a part-time job. She is the president of Weiguang Capital, an investment company under Ziweixing.

This "Microlight Capital" mainly invests in some domestic technology industries, including the smartphone industry chain and the Internet industry.

Fu Sheng is going to start a business in the United States.

Because of Zhou Buqi's relationship, it is impossible for him to truly escape from the larger territory of the "Ziwei Galaxy".

Zhou Buqi will give him 200 million US dollars and let him go to the United States to do big things!

Among them, US$100 million was provided by Weiguang Capital, a subsidiary of Ziweixing, and the other US$100 million was provided on behalf of his personal Zhou Family Fund.

In the past few days, Zhou Buqi and Fu Sheng have reached an intention to cooperate.

The distribution ratio of shares is 4:3:3.

Fu Sheng’s entrepreneurial team holds 40% of the shares, Ziweixing’s Weiguang Capital holds 30%, and Zhou’s Fangfei Capital holds 30%.

This is a project designated by Boss Zhou, and Liu Qing certainly cannot object.

The matter is settled.

However, she mentioned something else.

Liu Qing said: "Duowan had internal discussions and consulted our opinions."

"Play more?"

"Well, the core product is YY."

"I know, YY version of Helo, how is it developing?" This was a business idea formulated by Zhou Buqi back then, but he has not paid much attention to it in the past six months.

Liu Qingdao: "Very good, the purpose of strategic cooperation between the two parties has been fully achieved. Relying on the social relationships and connections brought by Helo, YY has made its voice live broadcast business prosperous. It is said that there are many storytellers. The monthly income can reach RMB 60,000 to RMB 70,000. Now there are more than 400,000 audio broadcasters on YY.”

"How many?"

Zhou Buqi didn't believe it at all. This number was too watery.

Liu Qing smiled, "There should be more than 5,000 active podcasters. Anyway, they are developing very well. Some time ago, I looked at their various data indicators for the second quarter, and they were all very beautiful. The number of active users has exceeded 30 million. "

Zhou Buqi nodded, "That's really good."

Liu Qingdao: "In recent years, due to major infrastructure construction, Internet infrastructure has been further improved, and domestic Internet speeds have become faster. YY has plans to launch live video broadcasts."

Zhou Buqi was very calm, "Well, this is the inevitable direction of the future."

Liu Qingdao: "Two years ago, you took the lead in the operation. Ziweixing invested US$59 million to acquire 40% of the shares of Duowan Company and reached an in-depth strategic partnership. Now, the economic situation is improving, and YY has also It has become the third largest social software in China after QQ and Helo. The meaning is now clear, how will it be listed on the market?"

"Listing?" Zhou Buqi was slightly surprised, "Isn't it a bit early? At least we have to wait until the video live streaming industry becomes more popular and capital becomes more popular, then it will be the best time to go public."

Liu Qingdao: "It's a little early, but we need to be prepared in advance. Ziweixing is the major shareholder, holding 40% of the shares, and our opinions are crucial to whether they go public."

Now, Zhou Buqi understood what YY's team meant.

Listing is a given.

But, how to go public?

Should YY's company try to go public on its own, or should it be merged into Ziweixing? As the largest social Internet giant in China, Ziweixing has a natural affinity with YY.

Judging from normal business thinking and strategic design, Ziweixing already holds 40% of the equity of Duowan, and the industry development of both parties also complements and promotes it. There is no need to separate the companies and just merge them into one!

Ziweixing offered a high price and directly bought the remaining 60% of Duowan shares.

Let YY completely become a product of Ziweixing.

Replace all Duowan's shares with Ziweixing's shares, and then when Ziweixing is listed, Duowan's shareholders can take advantage of the situation to complete their wealth advancement.

Judging from Ziweixing's current scale and industry status, Duowan's entrepreneurial team does not have the initiative to decide whether Duowan can be listed independently. Ziweixing has the greatest say.

Ziweixing wanted to annex Duowan, but Duowan simply didn't have the strength to resist.

The key is, is it necessary?

This is Liu Qing's office. It's not too big, about 50 square meters, but it's clean and tidy, full of bright colors, and very feminine. Zhou Buqi sat on the sofa and asked, "What do you think? Yes. Should YY be allowed to be listed independently, or should it be acquired as a whole?"

Liu Qing said without hesitation: "I think we should buy it. YY is developing very smoothly now. The YY version of Helo is also the best product in the 'Helo ecological family', with more than 37 million users. Ziweixing There is no product similar to YY, this is a supplement to our own product structure."

Zhou Buqi remained silent.

"Um?"

Liu Qing could tell something was wrong.

Zhou Buqi said: "Whether it is voice live broadcast or video live broadcast, the industry barriers in this field are too weak. This is actually a content industry, and there is no preconceived advantage. Whoever has good content will have an advantage. Once big capital enters the market , it must be a bloody Red Sea market."

The content of the live broadcast industry is mainly the live broadcast level of the anchor.

When the trend comes, excellent anchors are representatives of high-quality content, and they will be crazily sought after by capital. Major live broadcast platforms will continue to offer sky-high salaries to poach people.

Just like when the video website industry becomes popular, the copyright price of film and television content will skyrocket.

How much money does this cost?

In Zhou Buqi's view, this industry has no future, at least in the era of long videos, there is no way out for this industry.