Rebirth in a Perfect Era Chapter 985: Contact a tycoon and become a tycoon
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"Let ’s talk about 13 billion USD?"
Lin Qingya was a little surprised and could n’t help asking Li Mu: “Chief Li, we have now completed the split. In this case, Sequoia can still give us an estimate of 13 billion USD or more?”
Li Mu nodded and said, "The valuation of 13 billion USD and above is very first-year university student part is corresponding to the current development of YY, there is a part of our shares in PayPal, we must know that we and eBay into PayPal Originally, it was a great benefit promoted by the three parties. When the two parties add up, the valuation of 13 billion USD is not much. "
As he said, Li Mu said indifferently: "Do you know that if Muye Science and Technology is a US company, or YY is a US company's product, then the same is today's achievement, and its valuation will be higher. "
Lin Qingya slightly nodded: "This I believe, US capital ’s valuation premium for local internet companies is at least 20% higher than overseas companies."
Li Mu smiled and said: "What we want now is that Sequoia also gives us this part of the premium. After the split, Muye Science and Technology, the ideal C round valuation is 15 billion USD."
The valuation of 15 billion USD sounds scary, but since Li Mu started planning for YY globalization, the valuation of the entire Muye Science and Technology has risen in the capital market as if it were a rocket.
Cooperate with eBay and share shares of PayPal without spending a penny. At the same time, the market value of PayPal has soared. After it is bundled with eBay and PayPal, the company is more recognized by the capital market. This not only brings market value to Muye Science and Technology The direct growth of the company has also enhanced the influence of Muye Science and Technology in the international market and added higher added value for enterprises.
However, the market value of Muye Science and Technology has skyrocketed because of fiery/popular in overseas markets.
Now, throughout North America, Europe, and Japan & South Korea, among high-end elites, YY has become a must-have software for the office, with great market influence, high market recognition, and promising prospects.
In the China stock market, according to the daily limit of 10%, if a stock pulls 7 daily limit, the market value of the company can almost double, and in the China local capital market, as long as the good news is enough, even pull Dozens of stocks with daily limit are not unprecedented, not even a few.
According to the calculation of the 10% increase of each daily limit on the current basis, when the daily limit reaches 30 consecutively, the market value is 17.44 times at the beginning, and it takes only 30 trading days to complete the market value increase of 17.44 times. That is 6 weeks.
With the rapid development of YY and the shares of PayPal, Muye Science and Technology has now made a huge breakthrough in overseas markets. With the current achievements of Muye Science and Technology in the world, it is enough to become an international first-line internet enterprise. Therefore, even if Muye Science and Technology has been split into Many companies, but Muye Science and Technology, which is dominated by YY, want to take the 13 billion USD as the starting valuation is not too high, the real transaction price must be above this amount.
As long as it is a highly recognized product in the market, you can have unexpected premium space. Especially in the highly conceptual industry such as internet, the premium rate is even more alarming.
The premium space in the internet industry, calculated in proportion, is much more terrifying than the school district housing in Yanjing.
A promising internet company, even if it loses money every year, it is possible to achieve a valuation of tens of billions of USD, as is the case with Jingdong.
From 2009 to 2016, Jingdong has been losing money, and the more and more losses, the loss in 2009 was 100 million. In 2015, the loss was nearly 10 billion a year, but the market value is growing.
Jingdong can do the same, not to mention Li Mu's Muye Science and Technology.
The ideal situation in Li Mu ’s mind now is that Sequoia estimates the split Muye Science and Technology to exceed 15 billion USD. At this valuation, it takes 1.5 billion USD from Sequoia, and then immediately turns on afterburner mode. All the money was burned out, and the NASDAQ listing was completed before the burn out. At that time, the aircraft carrier was really built and launched.
Lin Qingya was a little surprised by the $ 15 billion. After a while, I came back and asked Li Mu: "Chief Li, if the C round of financing is negotiated, we may have tens of billions of RMB funds coming in, so a lot of money , How to spend Ah? "
Li Mu smiled and said: "Don't worry about having no place to spend money. In the future, there are too many links that require us to spend money. Ten billion RMB is not necessarily enough for our show off."
As he said, Li Mu added: "The goal of Muye Science and Technology is not to be a internet company with a high market value, but to become a great internet company. I hope that the technology we develop in the future can change the world, so we must achieve this. Goal, we must invest a lot of money in research and development. "
Lin Qingya said: "Does R & D funding need such a large scale?"
Li Mu nodded and smiled indifferently, said: "In the future, maybe a hot research and development project may require tens or even tens of billions of capital support. I also hope that we can have our own operation system, our own mobile Operate system, have your own mobile phone, your own chip or even your own car, your own self-driving system, and may even want to have your own satellite network, to achieve these goals, not to mention tens of billions of RMB, even if it is USD It may not be enough. "
Lin Qingya sticks its tongue out, it is rare to look like a little girl, and said to Li Mu: "Domestic internet companies have a market value of more than 10 billion. Except for us, there are almost no other companies. If they let them know, they will do internet in the future. It may cost tens of billions of dollars to develop a large project at random, they may be stunned, right? Or directly say you are making a big deal. "
Li Mu said with a smile: "It doesn't matter if you don't understand it now, you can understand it in the future. The internet industry is very interesting. Sometimes it's a coincidence. Projects with millions of inputs may have a market value of hundreds of millions, but hundreds of billions. There is no possibility of speculation in projects with market value. Behind this is at least hundreds of billions of investment to do all kinds of support. It is difficult for companies that cannot achieve this to grow to such a large scale. "
Lin Qingya listens to the clouds, but I understand a little. Even if Muye Science and Technology gets a valuation of 15 billion USD, Li Mu will certainly not be satisfied. Even for him, this may only be a preliminary stage.
Thinking of this, Lin Qingya is full of a longing for the unknown of Muye Science and Technology. She suddenly felt that she did n’t even know what scale Muye Science and Technology could develop to.
She feels that she is in the middle of this MU Online / miracle, but many times she simply cannot see how big or how big the MU Online / miracle is, just like the vast universe, all she can see is the one she is in. Planet, but Li Mu can see it, but it is a galaxy. Sometimes he randomly opens a small window for himself in his speech and deeds, giving him the opportunity to peek into a small part of the vast universe, even if it is only a small part. , Enough to shock myself.
I ca n’t see how far the future is. Lin Qingya can only bring my focus back to my eyes and sigh with emotion: "Chief Li, Sequoia attaches so much importance to our C round of financing, it seems that they no longer regard us as a family China local internet companies have looked at it. "
"Of course." Li Mu agreed: "Even if we haven't really taken the initiative to expand overseas markets, but Sequoia has at least regarded us as a quasi-multinational giant. Because of this, the financing this time exceeded Sequoia China. The company's functional coverage should be taken over by the Sequoia headquarters. "
Lin Qingya smiled and said: "Then your trip to the United States must plan a few more days of affluent time by the time, by the way, condolences to our employees in the United States."
Li Mu smiled and said: "I think if I want to go, I must plan for at least ten days and a half months or more, and I must make time to console our employees."
Lin Qingya asked curiously: "Chief Li, do you plan to go to the United States for such a long time?"
Li Mu nodded and said, "Old Ding gave me a suggestion, I hope I can go to the United States to meet the senior executives of Sequoia at the right time, and also take this opportunity to meet some internet bosses of Silicon Valley, and Other bulls on Wall Street, I think what he said makes sense. When I go to the United States this time, I hope to meet a few internet industry leaders, learn from the experience, pay respect to the pier, and at least get to know each other first. "
From the perspective of YY ’s current influence in the United States and its huge development space, Li Mu will now go to the United States to meet any financial tycoon or internet tycoon, and they will definitely receive the hospitality of the other party. This is not only a huge social impact. Pioneering is also an effective way to enhance personal visibility.
Ding Zhenglin has been in Sequoia for a long time. I know that many unwritten rules in the financial circle, a new tycoon, if they want to be recognized by the whole society, they can not only meet the standards on commercial scale and personal assets, but also try to integrate into the circle.
It is difficult to become a recognized tycoon in a circle of tycoons, but people who mix with tycoons every day are not tycoons but also tycoons in the eyes of others.
In the current social circle of Li Mu, there is no real internet and financial circle tycoon. The domestic internet companies Executive are not in front of Li Mu at all, and overseas internet people, Li Mu also contacted Elon · Musk, but his current strength is a lot worse than himself. He hasn't officially entered the threshold of tycoons, let alone him.
From the perspective of capital operation, Ding Zhenglin believes that Li Mu lacks sufficient overseas exposure and even lacks overseas social connections, and Li Mu also feels that if it wants to be an international business card for the China internet industry, it must first be recognized by the overseas market. His own identity makes him an undisputed internet tycoon in their eyes.
The only difference between Li Mu and Ding Zhenglin is that he feels that he is going to the United States this time and is in contact with the internet tycoon. As for the financial giants on Wall Street, the significance is not so great.
Li Mu also knows more clearly about yourself, knowing that you can play internet products, or the ability to play capital based on internet products, but purely playing capital, in front of those Wall Street giants, is basically equivalent to elementary school students, completely Not on a heavyweight, meeting these giants will make you familiar with it at most. I really want to promote and improve the business, which is very difficult.
Furthermore, Li Mu never thought of chasing capital. In his view, how much capital an entrepreneur can chase is not his skill, how much capital he can attract to chase, this is the real strength.
So for his upcoming trip to the United States, the Li Mu's plan is to actively contact internet tycoons. As for the capital giants, try to let them actively contact themselves.
Among them, Li Mu is most interested in meeting the current internet industry tycoon.
He wants to see Bill Gates, who created Microsoft, Jobs, who created Apple, and Larry Page, who created Google. In his eyes, these people are all in internet They are truly great people. The companies they create are also great companies in internet. They have never known although from them, but they are all beacons of their own development and navigation in the internet industry.
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