Chapter 222 Creating Miracles, Breaking Records!

After more than half a month of contact, Lü Maoshi learned from other investment companies about their valuation of Wujiang ISP (Europe).

Wujiang ISP (Europe) is the largest internet operator covering the whole of Europe, with the lowest bid being $10 billion and the highest reaching $15 billion!

Wujiang Group invested approximately US$3 billion to establish Wujiang ISP (Europe).

In 46 countries and regions across Europe, the investment ranged from as little as $10 million to as much as $400-500 million.

Today, Wujiang ISP (Europe) has a peak valuation of $15 billion, more than a fivefold increase!

This might not even be the final offer.

With the development of the Internet, the future prospects of ISP companies are becoming increasingly promising.

Lu Maoshi selected a group of investment companies from those offering higher bids and then invited them to discuss Series A financing.

These investment companies include 38 companies such as France Telecom, Deutsche Telekom, BT, Deutsche Bank, and Barclays.

The investment companies that received invitations were overjoyed, while those that did not were forced to withdraw from the competition.

Just as everyone was looking forward to the future of the internet, Barclays suddenly said something, seemingly intentionally.

In that round of Series A funding, Xinjiang ISP (Europe) only gave up 30% of its shares. Of the more than 80 investment companies, France Telecom wanted to take 20%. How were the other investment companies supposed to distribute the remaining shares?

Since Lowman Group is not an American company, it would be more believable to say that it would favor AOL.

"I doubt any customer would want to install such a fast internet connection."

To determine whether a company has potential, one must look at its future market size.

Indeed, those present were clearly even more tempted.

Inside the meeting room.

"So you're just trying to tell them that whoever controls the internet gateway will dominate the future!!!"

After pausing for two seconds, Jiang Nazheng waited for everyone's reply before answering on her own: "In the distant future, the Internet will be everywhere. Every family, every company, government agency, research unit, and so on—wherever he can think of, the Internet will be there."

"My God, the Series A funding round for Xinjiang ISP (Europe) is likely to set an unprecedented record!!!" a reporter exclaimed, his expression one of utter shock.

When the snipe and the clam fight, the fisherman profits. Let them fight it out to their heart's content, haha...

"Mr. Lü, is the Series A funding round for Youjiang ISP (Europe) successful?"

Seeing that Jiang Nazheng Toynbee was silent, Jiang Nazheng smiled and said, "Mr. Jiang Nazheng Toynbee, he understands your company's concerns, so that's not the reason why Disheng Group hasn't been removed from the cooperation list!"

Everyone unanimously condemned France Telecom.

Would he agree to make friends online and chat with friends offline?

Xinjiang ISP (Europe) does not possess such a significant advantage; its market capitalization of a mere $30 billion is actually nothing.

And $12.8 billion will become the fuel for the rampant expansion of Xinjiang ISP (Europe)!

However, Goldman Sachs was somewhat unconvinced.

To say that DiSheng Group would side with Xinjiang ISP (Europe)? It needs to be believable...

It quickly surpassed $20 billion.

"You rascal!" Barclay said excitedly, and everyone listened with great enthusiasm.

Barclays and representatives from seven investment companies walked out together without saying a word or laughing.

Barclays was secretly astonished to see that we had not yet reached an agreement.

Barclays nodded noncommittally. The financing plan of Xinjiang ISP (Europe) itself did not take American companies into consideration. Xinjiang Group was just using S&P Group to lower the valuation of the ISP.

The reporters all pressed the slow shutter button on their cameras, permanently recording that moment.

"Are you going to witness a miracle for yourselves? The Series A funding for Xinjiang ISP (Europe) wasn't this low, so how amazing will the Series B, C, and D funding rounds be!"

Barclays found it outrageous and was very excited.

Reporters swarmed down, pulled out microphones, and whispered their questions to Barclays.

At that moment, the hotel's small door suddenly opened.

In fact, I just haven't seen anything more outrageous yet.

The reporters all turned their attention to it.

"Can you agree to browse websites on a computer and learn about current events?"

“Mr. Lü, Youjiang ISP (Europe) is just an internet access service provider with total assets of less than $3.5 billion. Their original valuation of $15 billion was already very low, and they want to raise it even more. How can your investment companies dare to invest?” Steve Kitto, a representative of Barclays Dennis in the UK, retorted in a low voice.

Barclay's words immediately stumped Lu Maoshi Toynbee, and I was at a loss for words.

Upon hearing this, Barclays smiled and said, "You think its valuation is low, of course you see its future prospects. You know that none of you here are pessimistic about the development of the internet, but your understanding of the internet is absolutely in-depth! Have you ever imagined how far the internet will develop in the distant future?"

"Everyone should be quite unclear about the financial strength of Youjiang Group. If it were just to gain the support of strategic partners, Youjiang ISP (Europe) would have no need to raise funds at all."

“There’s really no other way, unless Disheng Group sells its AOL shares to Youjiang Group!” Jiang Nazheng said casually, “I believe Disheng Group would make that choice.”

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