Rebirth: From Cottage To Big Money

"What is the valuation now?"

An Ran couldn't help asking.

"In the new round of financing, their valuation reached $2 billion."

Xu Jiawei said so, he also pondered for a long time before continuing: "How can I say, an Internet company is still an established company. Now their valuation is not high, but compared to the actual company, it is still It’s low. How can I say that a company that has been around for several years is worth billions of dollars at every turn, and a valuation that is not worth tens of billions of dollars is not too much."

"But slow-handed companies are different. Although they are old-fashioned Internet companies, they have undergone transformation. Now they are mainly doing skits. It has only been a few years, and this company is still relatively low-key, silently The development of their core business, that is, to be their insider, such a company is relatively slow."

"So, the current valuation of 20 billion US dollars is also in line with their net worth. Although it is somewhat inflated, it is not too high. On the contrary, it is very reasonable. Of course, I am afraid that some venture capital companies also treat them. It’s not optimistic, it occupies a little bit of this factor."

"I don’t think it’s optimistic, but there are still many venture capital companies interested in them. This is also a very helpless thing. This led to this strange situation now."

Does Xu Jiawei really don't know how to cry? It should be laughed. What should be laughed is that Longyue Ventures is about to become a vane. Any project that participates in investment has attracted the attention of peers, and then after a new round of financing plans came out, they all swarmed up. interested.

But what we should cry is that in the projects involved, when there is a new round of financing plans, everyone still rushes in, but the valuation is higher than one. If they continue to invest, the price will be paid. It is much higher, which is in conflict with the company's own interests. Who is not happy to be able to pay the smallest price and take the highest share?

But the peers did not agree, and it accelerated the greater false heights and bubbles in this market. It was really helpless!

"This valuation is quite real~". "

An Ran smiled lightly. He also proposed to invest in slow-handed companies. However, all the projects he proposed were listed as S-level projects by the company. Only Pinxixi was an exception, and it was also due to misunderstandings. As a result, it was rated A: "The short dramas in the future have a lot to do. It is true that there are some singular entertainment methods now."

"In the era of mobile, watching those TV shows is too long and too long, and the current 4G charges are not generally expensive. Most people can’t afford to pay for the data only when watching videos online. In the case of WIFI, what should I do if I get bored in the middle? I can only watch short dramas. It can be said that this market is still in a blank state."

"Other than that, it's not the content. The skit you make must always be able to poke the pain points in people's hearts? If you can't poke the pain points, how can people continue to watch it?"

"This involves content. I'm afraid it will be the core algorithm of the skit company. In the era of big data, user preferences, and some operations in the middle, such as "like", once you have the operation , The data is collected in the background, calculated, and then fed back, recommend to me the content you like to watch, and you will continue to watch it."

"Study skits can be addictive. This is inseparable from the core algorithm of the company's backstage. The slow companies are not doing enough, but I think they are already doing development in this area. Well, once the development is successful, this company can go to a higher level."

"In the future, the valuation of this company will never be lower than the valuation of 200 billion domestic currencies."

An Ran solemnly said this value, but there is no element of joking.

More than reaching a valuation of 200 billion yuan.

It doesn't take a few years, well, three years, three years is enough.

It is 2016, and by 2019, the slow company has reached a valuation of 200 billion yuan in a new round of financing, and then the Penguin Group shot and led the round of financing, and it was settled. A valuation of 200 billion yuan.

And there is such a high valuation, and it is not without reason.

The first is that slow-hand companies have found a profit point. In the last quarter of 2018, their registered users are very large, and their daily active users are also quite large. Only the daily active users will enter In a club of 100 million, this is a crazy number.

One hundred million users are very active a day. Few such an APP can reach it.

With such a large base, what it brings to them is just one quarter, and the company makes a profit of as much as 40 billion through advertising fees.

Is it too much to earn 40 billion in a quarter and value it at 200 billion?

It’s not too much. It has become a unicorn. It is conceivable that after the final IPO is successful, what kind of existence will it be. It was seeking an IPO on Hong Kong Island, but before An Ran was born again, the slow company was only preparing to submit an IPO application. He did not see the situation after the successful IPO of the slow company.

Even if you don’t know the trend of the stock price and the market value, you can still be 100% sure. If nothing else, it will be a behemoth with a market value of more than one trillion Hong Kong dollars.

Isn't such a company worthy of follow-up investment?

". The company's evaluation of slow-handed companies is also in a good state."

Xu Jiawei nodded solemnly. The follow-up investment is affirmative, and now the slow-handed company also gives Longyue Ventures an opportunity. There is no reason to miss it: "Only in the new round of financing, we may have a strong opponent. Du brought it in, and didn't know their real purpose. Maybe (Li Zhaozhao) wanted to attract some traffic."

"Although Qiandu has not been very good in the past two years, they are still the absolute hegemon of our country in the engine market after all. Their participation can bring certain benefits to slow companies." Xu Jiawei There are some worries.

"The Thousand Degrees Company is not a threat. This time they are probably also the lead investors."

An Ran pondered for a moment, and then slowly said: "Fight for it. Thousand degrees take the big head and take the big head. We can't take the big head. The founder team of the slow company can't allow it. As for drainage, Qiandu is not good enough. If you don’t believe me, just wait. In two years, this company will definitely attract the attention of the Penguin Group. When the Penguin Group enters the market, it will be lively."

"On drainage, as far as our country is concerned, there is no Internet company that can compare with Penguin Group."

An Ran finally said so.

…….

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