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Chapter 727 Ignition
The Wishing Star Foundation has invested in many projects and industries. Zhang Chaoyang and the others are well aware of this. Whether it is the Internet or traditional industries, the Wishing Star Foundation does not only invest in technology companies as the outside world imagines.

The current awareness of the Star Wish Foundation in China is still shaped by Song Yang’s trip to Asia a few years ago. At that time, the Star Wish Foundation took up the banner of domestic Internet venture capital and let the Internet start to be ignited in China. !

Afterwards, when countless Internet and technology companies in China wanted venture capital, the first ones to come to them were the Star Wish Foundation. In the eyes of some people, the Star Wish Foundation is the image of a big dog...

But in fact, the Star Wish Foundation has never only invested in the Internet industry. Representatives of real estate, electrical appliances, liquor, medicine and other industries, such as Vanke, Gree, Moutai, Changchun High-tech, etc., the Star Wish Foundation has been investing all the way. It is to buy, buy, buy, and hold signs for several years in a row.

Zhang Chaoyang, Wang Juntao and the others don’t know exactly how many companies the Star Wish Foundation has invested in. Now they are a little surprised to hear that in the first half of this year, the Star Wish Foundation has achieved a rate of return of more than 60.00%. .

Song Yang was not surprised when he heard Fang Qiuyu's words. Needless to say, the companies invested by Star Wish Foundation, Internet companies such as Sohu, etc., are now in the boom period of the Internet, and the valuation is one day a day.

Now Sohu’s valuation has reached US$600 million. In Silicon Valley, such a valuation is not a big deal. Look at Yahoo’s market value of US$300 billion, and Lycos’ market value of US$[-] billion. Sohu, as their peers, The market value is really insignificant.

Of course, if it is placed in China, Sohu's valuation is not cheap. Thinking about how many time-honored brands and factories in traditional industries with tens of thousands of employees, the estimated valuation is only as low as Sohu's!

"Beginning this year, most of the companies that the Star Wish Foundation has invested in a few years ago have stabilized. Internet companies, for example, have seen their valuations rise sharply, and the revenue of traditional industries has also grown rapidly!"

When Fang Qiuyu was talking, he glanced at Zhang Chaoyang and the others. His meaning was very clear. After spending so much money, it is time to turn around. Even traditional companies such as Vanke, Gree, and Moutai are living a happy life now. Very moisturizing.

They have not received as much media attention as Sohu, but they are earning more and more every day. The Wishing Star Foundation has raised cards for these companies many times, and now many of these companies have entered the board of directors!

Song Yang nodded, and looked at Fang Qiuyu and Pan Jianghong, "Star Wish Foundation, in the future, we will continue the previous business, whether it is investment or charity business, the companies we invest in must continue to stay!"

Hearing that Song Yang wanted to hold on to the shares of Vanke and Moutai all the time, Fang Qiuyu hesitated to speak. According to normal logic, it must be a ticket that he bought. After earning it, he will sell it.

But now, Fang Qiuyu feels that Song Yang seems to want to hold on to the shares of Moutai. Anyway, if they don’t sell them, they will keep holding them. This is a bet that the companies invested by the Star Wish Foundation can continue to rise!

Fang Qiuyu feels that this kind of requirement is too difficult, but for Song Yang's investment vision, colleagues in the United States have already verified it for Fang Qiuyu.

Pan Jianghong and Fang Qiuyu looked at each other, and then nodded to Song Yang. Pan Jianghong didn't feel anything about Song Yang's request. He was mainly in charge of legal affairs and charity business, and was responsible for spending money. , it won't have much effect on him.

Fang Qiuyu has a lot of headaches. He is in charge of the investment business, and he has to get back all the money he has spent. This tests his vision and skills, whether he is good or not!
After talking with Fang Qiuyu and Pan Jianghong for a while, Song Yang raised his wine glass to the crowd and clinked a glass together.

"How is the preparation at Sohu going?" Song Yang turned to Zhang Chaoyang and asked.

Zhang Chaoyang, who had been waiting for a long time, came to his senses at this moment, "Sohu is now the largest portal website in China!"

In this regard, Boss Zhang has absolute confidence. With the investment of the Star Wish Foundation, Sohu can’t say that it’s not bad for money, at least compared to other colleagues who have a hard life, haha, begging grandpa to sue grandma for venture capital all day long, That is definitely from a big family.

Although he wanted to praise Sohu in front of the big benefactor, Zhang Chaoyang could tell the importance of it, knowing that the big benefactor in front of him was a real veteran of the Internet, and that Sohu's routines were left over by Song Yang. !
"Now Sohu's main competitors are Sina, Netease, CDC, etc., but Sohu has the most advantage now!"

Even if he doesn't praise Sohu, in front of Song Yang, it is impossible for Zhang Chaoyang to uplift others' ambitions and destroy his prestige. Now Sina, Netease and other websites are really catching up with Sohu.

Especially when some Wall Street and international venture capital institutions also began to turn their attention to China, Sina and others began to get large sums of money from investment banks such as Morgan and Goldman Sachs, and they were not short of money, and they could let go Sohu grabbed the site.

Now, the domestic Internet structure has also begun to emerge slowly. Yinghaiwei, Sohu, Netease, Sina, 8848, etc. are the first echelon of the domestic Internet. The portal industry is beginning to appear a three-legged scene, especially Sohu, Sina, Now I am holding back my energy, wanting to be the first one to eat crabs and get on NASDAQ!

"Don't worry about America. The North American Global Investment Foundation and PayPal will cooperate with Sohu to handle legal and financial issues for Sohu. Goldman Sachs will be responsible for Sohu's listing on Nasdaq. The key is..."

Song Yang glanced at Fang Qiuyu and Zhang Chaoyang, and they also understood what Song Yang meant.

"I've already talked with Zhang Songke from the Electronic Information Department. Over there, Sohu's listing will not be blocked, but Sohu needs to reorganize its equity and business and make some changes!"

Fang Qiuyu said that, like America, the domestic Internet industry is also crossing the river by feeling the stones. As for where there are pitfalls, no one knows, and they just take one step at a time.

Song Yang nodded. He is not like those Wall Street investment banks, Silicon Valley venture capital, etc., who are so close to Sohu, 8848 and other companies, and wish to copy everything from American Internet companies. At that time, it must have been a bloodbath in the country.

"The North American Investment Foundation and myself will support Sohu!"

Hearing Song Yang's statement, Zhang Chaoyang secretly breathed a sigh of relief. He knew how fiercely his arch-rival, Sina, was fighting for equity in order to go public. It was almost a mess. The overseas venture capital behind Sina The organization is unwilling to give up Sina's management rights and the position of the board of directors.

In comparison, Song Yang's here is a world of difference. Basically, he never interferes with Sohu's management. The Wishing Star Foundation seldom criticizes Sohu, and will not let Sohu do anything, unlike the Ministry of Electronics Industry. It's hard to get through, otherwise, with Lao Zhang's character, I don't know how many times the frying pan has been fried.

When Song Yang promised that companies such as the North American Investment Foundation, ICQ, and Double-Click would guarantee that Sohu was going to issue a fund-raising stock worth 6000 million dollars, Lao Zhang, who hadn't had a few sips of wine, blushed like Is generally drunk.

With Song Yangde's support, Sohu doesn't have to worry, the shares issued will not be sold, and the fundraising will fail. Sohu will become the first company in the domestic Internet industry to be listed on NASDAQ!

Song Yang talked with Fang Qiuyu, Zhang Chaoyang and others for a while, and arranged for people from the legal and financial departments of the North American Global Investment Foundation to help Sohu negotiate with Goldman Sachs and other investment banks. Song Yang didn't want Sohu and others to be rejected Capsized in the gutter.

The domestic Internet industry, which was originally calm, was directly blown up after a piece of news from the international channel of the central media came out.

"According to the latest news from ICNC TV, a delegation of a domestic Internet company has already started negotiations with investment banks such as Goldman Sachs and Deutsche Bank to discuss listing matters. A number of Wall Street institutions have already committed to subscribe for the company's shares.

If the release is successful, this will be the first time for a domestic Internet company to be listed on NASDAQ! "

(End of this chapter)