Reborn 2005: The Internet Myth

After staying up until the early hours of the morning, the document was finally almost finished. He checked it carefully and corrected two errors. Wang Zheng connected to the domestic server through a dedicated encrypted network and sent all the relevant documents to Zhou Ruoyun.

Two days later, there was still no news from Zhou Ruoyun, but Peter Dill arrived.

What he brought was good news. Facebook agreed to a $5 million acquisition plan, but there were additional terms.

"Phil, we hope to implement an investment priority. If WeChat launches a financing plan, Enyi Capital, Accel Capital and my Deere Asset Management will be given priority under the same conditions."

Needless to say, Enyi and Deere Asset Management are owned by Peter Deere and Rothschild. Where did Sutong Capital come from?

Peter explained: "The background of Sutong Capital is quite complicated, and I don't know much about it. However, 80% of companies in California have this company. They don't like to hold large amounts, and the shareholding ratio of each company is different."

No more than 3%, and most of them are held indirectly, so their reputation is not obvious."

80% of companies...this company typically casts a wide net.

Wang Zheng thought for a while and then agreed. WeChat would have to raise funds sooner or later, and it would be better to give the shares to Enyi than to vampires like Goldman Sachs and Del Fengjie who like to point fingers.

Neither party to the acquisition is listed, so there are not many complicated procedures, and the transaction time is scheduled for a week later.

The subjects of the transaction are Phil International and the new company used to divest Facebook assets.

The conclusion of this deal was very satisfying. Wang Zheng rarely poured two glasses of whiskey and had a drink with Peter.

Enyi's side won't lose everything. Wang Zheng's side didn't spend much money to acquire a brand worth trillions in the future, as well as the historical data needed by WeChat.

Wang Zheng, the Facebook brand, will definitely not cancel it directly. It will be directly integrated into WeChat, and it will naturally evolve into a web version of Moments.

Peter rushed back to divest Facebook's assets. As for how he would do it and how much he would leave for Zack and the other founders, it's hard to say.

Capitalists have no such thing as conscience.

There is another good news today. Elizabeth has launched the second round of financing on the crowdfunding website, with a valuation reaching US$150 million.

However, Wang Zheng’s shares also dropped to 37.5% with this financing, worth approximately US$56 million.

In addition to the 5 million sold to Stanford for 5% a while ago, the original $100,000 has now increased in value six hundred times. It is indeed Silicon Valley, the place where miracles are born.

Although Stanford earned more than two million from him in just ten days, he also received a special R&D contract and an MBA offer.

This also saved a lot of donations.

But when it comes to chip architecture, the research and development of new architecture is to prepare for the next 5 to 10 years. When the 3G era is approaching, Wang Zheng also needs an ARM-based chip SoC to deal with Qualcomm, a patent troll.

Looking around the entire Silicon Valley, there are actually countless companies making various chips.

Under the general rules of industry segmentation, the entire chip industry has been divided into dozens of subdivisions, covering almost everything from design to materials, from production to sales.

Wang Zheng has no knowledge at all in this area. To sum up, he just knows that photolithography machines are very important, and there is a company in the Netherlands that does the best. EDA software is very important, and Midland Corporation is in a monopoly position, and some other basic common sense.

So from the beginning, his goal was to directly buy a company that designs ARM chips. However, due to financial problems, he never took action.

Including the current cooperation with Stanford on chip architecture research, we also recruited a person from Ultron and a temporary team to go into battle.

This is far from what Wang Zheng wants.

So he set his sights on a small company called PA semi. This company is located in Mountain View, Silicon Valley, not far from Guge's headquarters. It is a small business with more than 20 people. Its main business is to take over big business.

Enterprise outsourcing, designing low-power chips.

The reason why it is this company is mainly because Wang Zheng has seen the development history of Apple. This company has a particularly awesome person named Jim Keller.

Around 2008, Apple directly acquired the company in order to get him. Only then did we have the legendary A4 chip and Apple's future glory.

If the facts hadn't been there, Wang Zheng would have doubted that Jim Keller was really guilty.

In 1998, Red Factory was being beaten down by the Pentium series of Blue Factory. After this person joined Red Factory, he quickly developed the K7 and K8 two-generation architecture, which is the famous "Athlon" series, saving Red Factory's success.

Destiny and market share even surpassed Blue Factory for a time.

In 1999, he quit working for Red Factory and joined SiByte Company, developing a low-power Gigabit network chip and even laying the foundation for future copper interconnect 10G network communications.

In 2000, Broadcom spent more than 2 billion US dollars to acquire SiByte, and Jim Keller became Broadcom's chief architect.

After working at Broadcom for several years, I have been leading the development of chips in the wired and wireless communication fields. Some wireless chip models are still used in domestic high-end wireless routers and switches.

In 2004, he quit working again and went to PA semi to design low-power chips. The CPUs for two mobile phones of Motorola and Ericsson were outsourced to this company.

In 2008, as PA semi was acquired by Apple, Keller developed the A4 and A5 chips for Apple, which directly established the A-series chip's leading position in the mobile field for more than ten years and directly contributed to Apple's

The departure of an empire.

This is not over yet. In 2012, he returned to the red factory again... because the Core series produced by the blue factory once again drove the red factory to the point of bankruptcy.

This time he developed the zen architecture, and the Ryzen series of CPUs still in use are based on this architecture.

After reviving the Red Factory, this person quit working again and went to Tesla in 2016.

The AI ​​accelerator chip that Elon Musk blew up every second was his handiwork.

In 2018, Blue Factory wanted to focus on the mobile chip market, so Jim Keller went to Blue Factory, and then made a 5G baseband chip that competed with Qualcomm...

This man is a living legend.

Excluding his "bad habit" of changing jobs every four years, this man is simply a god in the chip field.

During this time, Catherine has already conducted an investigation into this PA semi company. The company was established in 2003 and has not yet been listed. After two rounds of financing, its valuation is approximately US$70 million.

However, the composition of this shareholding is a bit complicated. The founding team holds 37%, the option pool has 15%, Goldman Sachs Capital 12%, Carlyle Capital 14%, Blue Factory Investment 10%, SoftBank 6%, Sutong Capital 3%, Rhett Huo

Furman 3%.

This is equivalent to five venture capital institutions taking a total of 45% of the shares in the two rounds of financing. Rhett Hoffman received the shares in the angel investment round, but was later reduced to the remaining 3% by financing.

Of course Wang Zheng wants to control 100% of the company, but unfortunately funding is a big problem. After spending 5 million to buy Facebook, Phil International only had 10 million left in its account.

Even if these institutions don't pursue premium prices, he can't afford it.

The next best thing is to get the controlling stake even if you don't pursue 100% private ownership.

Now it's time to make use of your connections.