Metropolis: a big treasure chest every week

Chapter 33: The Third Round of Financing $8 Billion?!

Compared with Yisou before it was acquired, its revenue was only about 1.3 billion US dollars.

After being acquired for more than a year, various resources and technologies were tilted, and it still operated without much profit, and its revenue skyrocketed to $4 billion.

This is market share growth, which brings in revenue.

If Yisearch enters the profit mode, this revenue will be greatly improved.

In addition, the market share and active users of all aspects of Yisearch are not worse than Qiandu.

Compared with Thousand Degrees, the difference is only a volume.

Qiandu Group is already a diversified company, after more than 20 years of development, search engine is only a product of Qiandu Group.

One of the most important products!

This is also why the search engine market of Qiandu Group was surpassed by Easy Search, resulting in a market share of less than 50%, and still has a market value of $150

This is supported by the overall volume of Qiandu Group.

The market value will not fall anywhere.

“According to our negotiations with Wall Street underwriters, the overall valuation of Yisou is $7.5 billion, and the price of U.S. stocks is $7.50 to resume listing!”

Cai Chen flipped through the information in his hand and said: “This valuation is much lower than we expected, but considering the resumption of trading, it still gives underwriters and investors a room to rise, and this price is not too low.” ”

The price of this resumption of trading is indeed a bit low.

Now Yisou is valued at $8 billion, or even higher.

But Yi Search is still a little single, compared with the current Qiandu Group, the volume is still a lot worse, and the valuation of 8-9 billion US dollars should be the limit.

If you want to continue to expand, you need to consolidate your current position, market share, and continue to develop horizontally.

Pity……

The direction of development, the direction has been completed by the parent company Anshi Technology.

Easy search is only an important product of Anshi Technology, which constitutes an important part of Anshi Technology.

Easy search itself has been limited… However, during the development period of Anshi Technology, Yisou occupies an important part of it, and its market value will also increase.

After listing and financing, Yisou will still develop horizontally.

Wu Yumeng said: “Then resume trading according to the valuation of 7.5 billion, let’s discuss how many shares to be issued and how to distribute them!” ”

The number of shares issued is probably around 12%-15%.

Of course, 20% is fine

But even if it is 12% of the shares, taken out of everyone’s hands, it is a little reluctant, and there is no need to issue more shares.

In the end, it must be an equal proportion of the shares diluted for public offering.

Yisou resumed listing, issuing 12% of the shares, about 120 million shares, and the price of US stocks was about $72-77;

The overall valuation of Yisearch is also 7.2-7.7 billion US dollars!

After the resumption of trading.

Anshi Technology and Qianxun Group each took out their 5% shares as an option pool to divide the company.

Anshi Technology eventually holds 58.52% of the shares of Yisou;

Qianxun Group holds Yisou: 23.4%;

Team holding: 1.76% shares;

Option pool: 5% of shares;

Less than 1% of the shares after the outside world.

According to the current valuation of Yisou, the shares held by the team are worth 132 million US dollars, about 910 million Chinese dollars;

The stock value of the entire option pool is $3.24, which is about 2254 Chinese dollars.

The entire Yisou listed and issued stocks was divided, and the rest was left to Cai Chen and Wang Chuan’s team, negotiations with Wall Street underwriters, and road shows.

Although it is a resumption of trading, the roadshow is not too important.

However, compared with before the suspension, the market value of Yisou increased by more than 5 billion, directly doubling by more than two.

Going public is all about raising money and using investors’ money to develop your own company.

The roadshow is to explain to all investors, including investment institutions, the company’s future development plan, where the financing funds will be used, and how to use the money to develop the company.

Roadshows are still necessary.

With Yisou’s current market share, supporting a valuation of 7.5 billion is not a problem at all.

Like Anjing, he definitely doesn’t have to go to the roadshow in person.

After all, it’s just a company valued at $7.5 billion.

As the founder of Yisou, Wang Chuan can participate in the roadshow.

At most, Cai Chen, the general manager of Anshi Technology, who is the major shareholder of Yisou, also participated in the roadshow to express the status of Yisou in Anshi Technology.

Yisou supports a valuation of 7.5 billion, which is not a big problem.

The resumption of listing is just a small matter.

After deciding on the matter of Yi Sou resuming the listing, Wu Yumeng officially took over the power of the conference room: “This time to summon Qianxun, A Tanuki and Hongwei Group to discuss the third financing of Anshi Technology.” ”

Anshi Technology has gone through two rounds of financing.

If you count the earliest days, the Anjing four-person investment fund has continuously injected funds, maybe three times.

Financing to the capital market is still 2 times.

Anshi Technology’s first public financing, valued at $11 billion;

The second financing was valued at $2.6 billion;

This financing, I don’t know how much money to raise, what level of valuation will it reach?!

Wu Yumeng asked the assistant in the conference room to send a document to all the shareholders present and said:

“This is the current overall situation of Anshi Technology, all aspects of assets, market share, and the location of the funds previously raised…”

“This financing, which is expected to raise 8 billion US dollars, will be used to acquire some companies in the market…”

Qianxun Group, Ah Tanu Group, Hongwei Group, and some other shareholder representatives looked at the information in their hands.

There is a more detailed understanding of where the funds from the last financing went.

Without looking at this information, they also know where the funds are going.

Seeing the end, I heard Wu Yumeng say that he would raise 8 billion US dollars, and it is expected to dilute 20% of the shares… In other words: the valuation of Anshi Technology has risen to $40 billion!

“This valuation is a bit high, right?!”

Yisou is independently listed, and Anshi Technology currently holds 58.52% of the shares of Yisou, which is worth more than 4 billion US dollars;

Anshi Technology has nearly 4 voice assistant users, involved in the field of mobile payment, opened up other e-commerce platforms, and also entered the field of instant messaging… In terms of instant messaging, it is currently the third largest instant messaging software on the market besides Ball Ball and WeChat;

In addition, the previous two financings were invested in big data and cloud computing.

At present, the main business of Anshi Technology is:

search engine field;

voice assistants;

Instant messaging field;

mobile payment field;

big data;

Cloud computing;

as well as video, games, news and information fields.

The latter is only brought by Yihu Company, and the investment is not very large, or it is raised by the company’s capital and the relevant sources of Qianxun and Atanu.

Even so, the development is much better than when Yihu Company was half-dead.

Big data and cloud computing, invested in data centers, has exceeded $5 billion;

This financing, the company used to acquire it, is also a company in this area, and some companies that do hardware first?

Does this mean that Anshi Technology will do hardware in the future?!

For the future development plan of the entire Anshi Technology, the other shareholders present are not very clear.

Cai Chen knows something.

Wu Yumeng is completely clear and understands the future development plan of Anshi Technology.

This financing, the acquisition of the company, is also paving the way for the future.

For the value of $40 billion, the shareholders present still seem to be a bit high. _

See the ununderlined version of the novel please