Chapter 377： crazy financing
It is impossible to completely hide the affair between Yang Mi and Chen William from his parents. And before she graduated, the family managed her relatively strictly. After she graduated, she filmed by herself and gained a lot of income, and her autonomy gradually increased.
Therefore, she didn't plan to really hide it from her parents, so after she was with Chen William, not long after she was together, the parents felt the difference in their daughter. She told her mother about her affair with William Chen.
Although I knew before that there are many things like this in the entertainment industry, but when it comes to my daughter, it still takes time to accept this kind of thing. Fortunately, it is Chen William's own conditions. He is a dragon and a phoenix. If his daughter follows her, he will not be like that kind of middle-aged and elderly rich businessman with a big belly. He will not wrong his daughter. The man is really too good, it is easier to accept.
It's just that after William Chen married Ivanta and had a daughter, Yang Mi's parents couldn't help but worry about whether her daughter would be treated well after he followed him. points, there is no guarantee.
However, with Chen William's guidance and help Yang Mi start a business, HeyTea has gradually grown into its current size. Now the value of Yang Mi's own shares in HeyTea has reached more than one billion Chinese dollars. Now William Chen is now He also took out tens of millions of dollars for his daughter to invest. This time, Yang Mi's parents changed their attitude.
Although money can't be used to measure feelings, but being able to give so much wealth to her daughter also shows how much Chen William attaches to her, which is the main reason for them to feel at ease.
At this time, William Chen had already arrived in America.
When I came to America at this time, there was a sudden change, and this change was related to Groupon.
From the last Zoo company's investment in Groupon, holding 40% of the company's equity, to Groupon's B round of financing, Chen William's Meta investment company participated in the main investment and got 20% of the equity, while Zoo continued to follow the investment, maintaining A total of 60% of the company’s shares are held by related parties Zoo Company and Meta Investment Company, which has reached a controlling stake.
However, it seems that Andrew, the founder of Groupon, is not willing to lose control of the company. Originally, he was preparing to raise another round of financing and introduce new investors in early January of this year.
At that time, Google wanted to acquire Groupon, from the initial $2.5 billion, and raised the price to $5-6 billion, but was eventually rejected by Andrew, which also shows his confidence in Groupon.
This is no wonder for his self-confidence, because in the past year, Groupon has grown too fast. As of now, through acquisitions and rapid promotion, the number of global users of Groupon has exceeded 100 million. With employees all over the world, more than 8,000 people, it is the fastest growing company in the world this year, no one.
It is precisely because of Google's increasing acquisition price that Andrew, who was preparing to raise funds and introduce new investors in January, delayed the financing plan until the end of May, when he actually began to contact Amazon, intending to introduce Amazon as a Groupon company. new investors.
This decision of Andrew annoyed Rick Walton of Zoo, because Amazon, not only in the retail field, is currently the biggest challenger to the Walton family who owns the Wal-Mart Group, but also in the e-commerce field. He was a competitor of the company, so he immediately objected to Andrew's decision. After all, Zoo owns 40% of Groupon's shares, which is equivalent to the shares held by Andrew's entrepreneurial team. If he can persuade William Chen to support him, then In the shares owned, it is enough to overrule Andrew's decision.
William Chen can also see the purpose of Andrew's decision. Of course, one of them is to introduce the e-commerce giant Amazon as a shareholder to compete with Zoo and William Chen's Meta investment company, so as to maintain Andrew's control of Groupon.
In addition, as the global economic situation has fallen to the bottom, there are already signs of recovery. It is not that Andrew cannot see the crisis that the group buying industry will face in the future, so he intends to transform Groupon's business. The easiest way to transform is, of course, e-commerce.
This faces a problem. In the online supermarket such as Amazon and the grocery store alliance such as Zoo, in the current situation of Groupon, the most likely direction is precisely the model of Zoo's online grocery store alliance.
However, Zoo is a major shareholder of Groupon, and one of Zoo's shareholders, William Chen, whose Meta investment company also holds 20% of Groupon's shares, if they want to join, can completely veto Groupon's management of Zoo. This proposal to change the direction to form a competition with Zoo, in this case, Groupon can only wait for the tuyere of group buying to pass and fend for itself. ..
This kind of result was definitely something Andrew didn't want to see, so the solution he thought of was to devour the wolf and bring Amazon into Groupon, and then get the support of Amazon to get rid of Zoo and William Chen's through transformation. Control, even further, replaces Zoo's current market share.
Now it seems that even if Andrew didn't think of this step, he already has some ideas in this direction.
Amazon, on the other hand, is sure to jump in. Because Amazon is currently competing with Walmart Group for users; now as the world's largest e-commerce company, Amazon's market value has exceeded 75 billion US dollars, but they also feel more and more strongly that in the United States, Zoo's The rapid development has created competitive pressure for them.
And one of the founders of Zoo is a child of the Walton family. If Zoo is allowed to develop and eventually merge with Wal-Mart, it must be the biggest threat to Amazon.
Even if they can't prevent this merger from happening, it must be what they want to see if it can cause some trouble for Zoo. What's more, Groupon is indeed developing rapidly. The group buying field can also supplement Amazon's business. If the control of Groupon can be seized from Zoo and William Chen, Groupon will be used to fight Zoo. , how you look at it, it's a good business for Amazon.
Therefore, normally, William Chen should agree with Rick Walton and reject the proposal to introduce Andrew into Amazon as the main financing investor, so as to prevent Amazon from entering Groupon and posing a threat to them. UU Reading
Shanzi Chen William has his own plans. He did not object too strongly, nor did he express his support. Instead, he has been delaying Groupon's financing this time, and said that in order to ensure his own interests, this time the financing of Groupon's estimated value. value, must be a reasonable price.
Because with the popularity of group buying and the rapid development of Groupon, they also have plans to launch an IPO before the end of the year. Even after this financing, the IPO process will start immediately. At present, the news about Groupon's IPO, It has spread all over the world.
In fact, if Groupon wants to maintain this momentum, it is bound to need to burn cash constantly, so capital is crucial. And Andrew knows very well that his move to introduce Amazon is definitely a very risky gamble. As long as Zoo and Meta Investment are still rational, they will most likely try to reject it. is very important.
But to be on the safe side, he has prepared an alternative plan, which is to raise funds through an IPO. It is not an option either, because with the current development momentum of Groupon, an IPO is inevitable. The difference is whether it can carry out another round of high-valued financing to lay a better valuation foundation for the IPO, or directly carry out the IPO.
Therefore, in the case of this opponent's game, plus Groupon was rejected by Google at the beginning of the year, and Amazon was eager to enter Groupon to fight against Zoo, in general, Groupon's current financing estimate The value has been raised to more than $20 billion by the deep-pocketed Amazon.com.
Therefore, she didn't plan to really hide it from her parents, so after she was with Chen William, not long after she was together, the parents felt the difference in their daughter. She told her mother about her affair with William Chen.
Although I knew before that there are many things like this in the entertainment industry, but when it comes to my daughter, it still takes time to accept this kind of thing. Fortunately, it is Chen William's own conditions. He is a dragon and a phoenix. If his daughter follows her, he will not be like that kind of middle-aged and elderly rich businessman with a big belly. He will not wrong his daughter. The man is really too good, it is easier to accept.
It's just that after William Chen married Ivanta and had a daughter, Yang Mi's parents couldn't help but worry about whether her daughter would be treated well after he followed him. points, there is no guarantee.
However, with Chen William's guidance and help Yang Mi start a business, HeyTea has gradually grown into its current size. Now the value of Yang Mi's own shares in HeyTea has reached more than one billion Chinese dollars. Now William Chen is now He also took out tens of millions of dollars for his daughter to invest. This time, Yang Mi's parents changed their attitude.
Although money can't be used to measure feelings, but being able to give so much wealth to her daughter also shows how much Chen William attaches to her, which is the main reason for them to feel at ease.
At this time, William Chen had already arrived in America.
When I came to America at this time, there was a sudden change, and this change was related to Groupon.
From the last Zoo company's investment in Groupon, holding 40% of the company's equity, to Groupon's B round of financing, Chen William's Meta investment company participated in the main investment and got 20% of the equity, while Zoo continued to follow the investment, maintaining A total of 60% of the company’s shares are held by related parties Zoo Company and Meta Investment Company, which has reached a controlling stake.
However, it seems that Andrew, the founder of Groupon, is not willing to lose control of the company. Originally, he was preparing to raise another round of financing and introduce new investors in early January of this year.
At that time, Google wanted to acquire Groupon, from the initial $2.5 billion, and raised the price to $5-6 billion, but was eventually rejected by Andrew, which also shows his confidence in Groupon.
This is no wonder for his self-confidence, because in the past year, Groupon has grown too fast. As of now, through acquisitions and rapid promotion, the number of global users of Groupon has exceeded 100 million. With employees all over the world, more than 8,000 people, it is the fastest growing company in the world this year, no one.
It is precisely because of Google's increasing acquisition price that Andrew, who was preparing to raise funds and introduce new investors in January, delayed the financing plan until the end of May, when he actually began to contact Amazon, intending to introduce Amazon as a Groupon company. new investors.
This decision of Andrew annoyed Rick Walton of Zoo, because Amazon, not only in the retail field, is currently the biggest challenger to the Walton family who owns the Wal-Mart Group, but also in the e-commerce field. He was a competitor of the company, so he immediately objected to Andrew's decision. After all, Zoo owns 40% of Groupon's shares, which is equivalent to the shares held by Andrew's entrepreneurial team. If he can persuade William Chen to support him, then In the shares owned, it is enough to overrule Andrew's decision.
William Chen can also see the purpose of Andrew's decision. Of course, one of them is to introduce the e-commerce giant Amazon as a shareholder to compete with Zoo and William Chen's Meta investment company, so as to maintain Andrew's control of Groupon.
In addition, as the global economic situation has fallen to the bottom, there are already signs of recovery. It is not that Andrew cannot see the crisis that the group buying industry will face in the future, so he intends to transform Groupon's business. The easiest way to transform is, of course, e-commerce.
This faces a problem. In the online supermarket such as Amazon and the grocery store alliance such as Zoo, in the current situation of Groupon, the most likely direction is precisely the model of Zoo's online grocery store alliance.
However, Zoo is a major shareholder of Groupon, and one of Zoo's shareholders, William Chen, whose Meta investment company also holds 20% of Groupon's shares, if they want to join, can completely veto Groupon's management of Zoo. This proposal to change the direction to form a competition with Zoo, in this case, Groupon can only wait for the tuyere of group buying to pass and fend for itself. ..
This kind of result was definitely something Andrew didn't want to see, so the solution he thought of was to devour the wolf and bring Amazon into Groupon, and then get the support of Amazon to get rid of Zoo and William Chen's through transformation. Control, even further, replaces Zoo's current market share.
Now it seems that even if Andrew didn't think of this step, he already has some ideas in this direction.
Amazon, on the other hand, is sure to jump in. Because Amazon is currently competing with Walmart Group for users; now as the world's largest e-commerce company, Amazon's market value has exceeded 75 billion US dollars, but they also feel more and more strongly that in the United States, Zoo's The rapid development has created competitive pressure for them.
And one of the founders of Zoo is a child of the Walton family. If Zoo is allowed to develop and eventually merge with Wal-Mart, it must be the biggest threat to Amazon.
Even if they can't prevent this merger from happening, it must be what they want to see if it can cause some trouble for Zoo. What's more, Groupon is indeed developing rapidly. The group buying field can also supplement Amazon's business. If the control of Groupon can be seized from Zoo and William Chen, Groupon will be used to fight Zoo. , how you look at it, it's a good business for Amazon.
Therefore, normally, William Chen should agree with Rick Walton and reject the proposal to introduce Andrew into Amazon as the main financing investor, so as to prevent Amazon from entering Groupon and posing a threat to them. UU Reading
Shanzi Chen William has his own plans. He did not object too strongly, nor did he express his support. Instead, he has been delaying Groupon's financing this time, and said that in order to ensure his own interests, this time the financing of Groupon's estimated value. value, must be a reasonable price.
Because with the popularity of group buying and the rapid development of Groupon, they also have plans to launch an IPO before the end of the year. Even after this financing, the IPO process will start immediately. At present, the news about Groupon's IPO, It has spread all over the world.
In fact, if Groupon wants to maintain this momentum, it is bound to need to burn cash constantly, so capital is crucial. And Andrew knows very well that his move to introduce Amazon is definitely a very risky gamble. As long as Zoo and Meta Investment are still rational, they will most likely try to reject it. is very important.
But to be on the safe side, he has prepared an alternative plan, which is to raise funds through an IPO. It is not an option either, because with the current development momentum of Groupon, an IPO is inevitable. The difference is whether it can carry out another round of high-valued financing to lay a better valuation foundation for the IPO, or directly carry out the IPO.
Therefore, in the case of this opponent's game, plus Groupon was rejected by Google at the beginning of the year, and Amazon was eager to enter Groupon to fight against Zoo, in general, Groupon's current financing estimate The value has been raised to more than $20 billion by the deep-pocketed Amazon.com.
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