Chapter 364 YouTube Angel Wheel

This time when he came to Los Angeles, Barron took Rebecca to their new home. This was another mansion that Barron bought for Rebecca's mother and daughter besides the villa on the beach in Malibu.

This "mansion", which can already be called a manor, is located high in Beverly Hills, in a gated high-end community.

The manor covers an area of ​​more than 15,000 square feet (about 1,400 square meters), has 8 bedrooms, including a baby room and entertainment room, and 10 bathrooms...

In addition to a gym and swimming pool, there is a bar, library, home office, spa and screening room, and there are state-of-the-art security and smart systems.

There is also a wine cellar and tasting room with over 3,000 bottles of wine.

The entire manor was purchased and subsequently renovated at a cost of US$20 million. It is one of the most luxurious and complete manors in this community.

As a "surprise gift" for Rebecca, she was indeed very satisfied, and she has been happily taking her daughter to visit their new home.

In addition, Barron also arranged for Rebecca, who will live in Los Angeles, a maid and two female bodyguards who can protect her 24 hours a day and serve as drivers and assistants.

Next, Rebecca will study film-related courses at the University of California, Los Angeles (UCLA).

At the same time, Barron gave Rebecca a task, which was to collect a list of newly published novels every week and give it to Barron.

Because he knew that the first novel of the "Twilight Saga", "Twilight", was released in 2005, but it is almost March and this novel has not yet been found on the market.

Although in his previous life, Barron knew that the "Twilight" series of movies was very good at the box office, after all, he was engaged in the financial industry, and he had not paid much attention to the author of the novel or the specific publication time.

But it was impossible for him to directly tell Rebecca the name of a novel that had not yet appeared, "Twilight", because that would be a bit too deliberate.

The only way to pay attention to the publication of this novel is to win the film and television copyright of this novel as soon as possible.

…

"I have already discussed with Steve and others about investing in YouTube, but now it seems that there is nothing special about this website. Is it really going to have a future?"

After placing Rebecca and her daughter in the Beverly Hills estate, Barron went to San Francisco and met Ivanta.

However, she still has some doubts about YouTube at this time.

The YouTube website was launched on Valentine's Day this year. Up to now, it is not very popular. Even compared to many other dating websites, it can even be called deserted. This is why Ivanta has this opinion.

The Steve she mentioned is Chen Shijun, one of the three founders of YouTube. The other two founders of this website are Chad Hurley and Judd Kalim, all three of whom are former employees of PAYPAL. .

At this time, Chen Shijun's situation was not good. Before that, he was unemployed and in debt. It can be said that starting a business on YouTube used the last savings of the three of them, so at this time they had already raised funds from the PayPal colleagues they knew before. idea.

The appearance of Ivanta with IC Capital can be said to have made the three of them overjoyed. After communicating with them, Ivanta also received an investment of US$1 million and received angel round financing conditions for 30% of YouTube's shares.

The current YouTube team is located in San Bruno, a dozen kilometers away from San Francisco. Recently, because of IC Capital’s investment in YouTube, Ivanta is here, which is also the reason why Barron came to San Francisco to meet her.

"Don't worry, honey, YouTube will have a future."

Barron comforted Ivanta and asked:

"Is everything going well with DoubleClick?"

"Not bad. Although our acquisition provided a relatively high premium, some of the founding team of DoubleClick also objected to this. However, after communicating with them, we still obtained the approval of the board of directors and completed the acquisition of DoubleClick."

In Barron's previous life in 2007, Google began its acquisition of DoubleClick. Initially, their offer was $3.1 billion.

At that time, DoubleClick, after several years of recovery, regained a considerable share in the Internet advertising field and had arguably the largest and highest-quality enterprise users.

However, this acquisition was opposed by companies such as Microsoft and Yahoo. After continuous efforts, Google's acquisition finally passed the antitrust review of the United States and the European Union.

Their acquisition price also increased to US$3.24 billion.

However, just like when IC Capital acquired DoubleClick, it promised the founding team of the company that after taking DoubleClick under its umbrella, they would still manage the company and would not interfere for a certain period of time.

Of course, this also requires that the other party can produce revenue that satisfies IC Capital.

If IC Capital was still unknown when it first invested in MySpace, and the most well-known among them was Ivanta, who was born in a well-known real estate family, with its own traffic, then it completed the acquisition of DoubleClick at a price of nearly 1.1 billion US dollars. After that, IC Capital’s strength began to be taken seriously.

Some people speculate that IC Capital’s funds come from Ivanta’s TP family, but this speculation was denied by Ivanta and his father.

Ivanta’s father, who had just married his third wife, said bluntly in an interview:

"No, I can say with certainty that the only connection between IC Capital and TP Group is its manager, who is my daughter... Yes, Ivanta is doing a good job and I believe in her ability, if possible If so, I will give her the greatest support, but you should see how outstanding she is, which makes me proud. I have taught her all my secrets in business, and she is the best!"

In another interview, this person said:

"Yes, her achievements are entirely due to her own efforts. I still remember that before she considered managing IC Capital, she once asked for my opinion..."

"I said to her, do it, honey, I believe in you. Now, it can be proved that she is doing a good job. Of course, it is undeniable that she is luckier than other peers. I will take the business Everything on the field was taught to her, and I can only say that she fully understood it..."

Getting back to the topic, the completion of the acquisition of DoubleClick has indeed increased IC Capital’s persuasiveness. This is not only reflected in the acquisition of YouTube, but also has an impact on MySpace, their previous investment.

You know, after Woaw Technology completed its C round of financing, its valuation has exceeded US$3.5 billion. Many investment companies that saw the prospects of social networks, but did not have the opportunity to invest in Woaw Technology, set their sights on other similar projects. above the company.

Among them, MySpace is developing well. After the last financing, IC Capital invested 10 million US dollars and obtained 40% of the shares of MySpace. Now, they are also preparing for the next round of financing.

Many venture capital companies are very active in this regard. If we talk about the past, IC Capital did not have an advantage among them.

At most, it is to rely on the anti-dilution clause at the time of the original investment to maintain the shareholding ratio of MySpace at 40%.

With their high shareholding ratio, Intermix Media, the parent company of MySpace, is also somewhat wary of it and is more willing to let other venture capital companies join in.

But after completing the acquisition of DoubleClick, IC Capital has abundant resources in the Internet advertising business, which is very attractive to MySpace.

Not only MySpace, but also its parent company Intermix Media has great needs for these resources.

Under such circumstances, IC Capital took this as a condition and successfully continued to participate in MySpace's new round of financing. As the main investor, IC Capital acquired 15% of MySpace's shares with an investment of US$30 million. .

Including the diluted share of IC Capital's previous 40% shareholding in MySpace, IC Capital's shareholding in MySpace reached 49%!

In this regard, they became the single largest shareholder of MySpace.

However, it is still less than the total shareholding of Intermix Media and the founding team of MySpace.