Rebirth in 1984: Beginning with Han Card Development

What happens to the future when humanity loses its imagination?

That slogan created a sensation during the summer of 1984.

Back then, computers couldn't support Chinese input and co...

Chapter 213 Creating Miracles, Breaking Records!

"Can he tell if you're watching movies and TV shows or listening to music offline?"

Everyone frowned deeply and looked at each other in bewilderment.

The US market is small, though larger than the European market; therefore, the growth potential of US online companies is extremely limited.

About an hour and a half later, the noise from the argument in the conference room gradually subsided.

"Haha, the US is still having meetings to discuss investing in the construction of low-speed information highways. We've been discussing it back and forth for about six months now, and what have we come up with?"

Barclays was the first to state in front of everyone that it was an opportunity given to them by the Jiang Group, and that they were begging others to invest in Jiang ISP (Europe).

Absolutely terrifying!

At this moment, the small door of the hotel where the meeting was being held was not yet filled with reporters.

Lu Maoshi Toinbi frowned and said, "Is there really no other way?"

At this point, when people think about the market value of $15 billion, they realize that it is not actually that expensive.

The audience erupted in applause!

Clap clap clap!

"Wow, this is really exciting! I hope Xinjiang ISP (Europe)'s Series A funding goes smoothly. That way, Xinjiang ISP (Europe) won't have the money to lay fewer fiber optic cables, thus enabling the slow development of Europe's low-speed internet information highway!!!"

Post-investment valuation is not the same as valuation after the investment.

The total investment in Xinjiang ISP (Europe) was only $3 billion, but its post-investment market value is now as low as $30 billion.

After Barclay finished speaking, many people present subtly changed their expressions, glancing at their competitors around them, and inwardly lowered their bids.

"What do you think? Is the development potential of the ISP industry huge?"

Jiang Nazheng watched us argue, but she remained calm and composed, sipping her tea with a smile.

Upon hearing this, everyone else present immediately agreed.

If Zhao Ye's goal was to win over the local European powers, it would be entirely necessary for him to secure funding from Youjiang ISP (Europe).

The very first sentence makes people even more confused about the importance of ISPs. ISP companies are not as complicated as simply collecting a fixed monthly internet fee. ISPs are the gateway to the Internet. Few households will have to deal with ISPs when they first come into contact with the Internet.

"Oh, by the way, China's network is 'eight networks in one,' so Xinjiang ISP (Europe) might one day be able to withdraw from telecommunications, television networks, and the internet..."

Each company had to negotiate first and decide to split the shares equally at 30%, rather than each company taking 6%.

ISP companies can make a lot of money.

"Mr. Lü, could you tell me how much money Xinjiang ISP (Europe) has received in financing?"

Barclay paused, then said firmly, "Yes, they agree with you! Everyone agrees!"

ISPs (Internet Service Providers) cannot leverage their advantages to recommend websites, software, etc. to users...

With a little effort, it's set in stone.

The negotiations between Youjiang Group and the ISP company for Series A financing have officially concluded.

We can roughly guess the total investment of Xinjiang ISP (Europe).

Around noon, the representatives who were going to bid entered the venue one after another.

Because those seven investment companies would have to put up a total of $12.8 billion to acquire a 30% stake.

Meanwhile, the market value of Xinjiang ISP (Europe) has been gradually reduced.

Even though the bodyguards around them wanted to stop them, they couldn't withstand the reporters' frenzy.

Youjiang ISP (Europe) will sell 30% of its shares, and that 30% will be calculated based on the pre-investment valuation.

Jiang Group is short of money, and the ISP has a technological monopoly advantage. Such a high-quality resource is hard to come by.

Even though its valuation hasn't increased several times over, Youjiang Group is still satisfied.

He will soon show the world what it means to burn money like art!

Would he agree to click through a computer screen multiple times to complete an online shopping transaction?

P.S.: Nothing's wrong for now. Firstly, a friend is sick, and secondly, the editor is urging you to revise a few chapters. I'll update less tomorrow.

At the very beginning, the post-investment valuation of Xinjiang ISP (Europe) was not low, reaching as high as $30 billion.

Barclay spoke first, looked around at everyone, and whispered, "Xiaojia, first of all, on behalf of Youjiang Group, thank you for your support of Youjiang ISP (Europe).

That morning, Barclays signed investment agreements with representatives of seven investment companies, including France Telecom, Deutsche Telekom, and BT.

Dennis Toynbee expressed his incomprehension and called Lü Maoshi directly.

"As far as you know, the mainstream narrowband technology on the market is still using MODEM technology, with a narrow bandwidth of only 14.4k-58k and an upload speed of about 7K per second. That's far inferior to the ADSL technology developed by your Jianghu Group!"

If the news of Youjiang ISP (Europe)'s Series A funding gets out, it will cause a sensation all over the world!

We interviewed representatives of these investment companies that were delayed in their release. According to them, by the time we came out, Xinjiang ISP (Europe)'s valuation had already fallen to as low as $25 billion.

Jiang Nazheng Toynbee sighed, "Alas, it seems your Low Sheng Group is destined to partner with Youjiang ISP (Europe). What a pity..."

Therefore, the pre-investment market value of Xinjiang ISP (Europe) will be as low as $42.8 billion.

"As we all think, Xinjiang ISP (Europe) has enormous development potential, so every company present wants to invest in it!"

Xinjiang ISP (Europe) is suspected to be a super potential stock!

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!