Rebirth: From Cottage To Big Money

At the domestic Internet conference!

Su Hua was also present. He watched An Ran’s speech with his own eyes and ears. I have to say that the impact on him was quite big. Combined with the previous series of rumors about An Ran, it was enough to make He confirmed many things.

At least one forward-looking, everyone must admit.

What an international joke, up to now, Longyue Ventures' investment in Internet companies is absolutely unmatched, and it can give them a very forward-looking name, if it is not afraid of being too exaggerated It is not too much to give them the name of an unknown prophet.

"With Longyue Ventures, for us, there are only advantages and no disadvantages."

Su Hua made this conclusion, and based on this conclusion, he did not exclude Longyue Ventures from the 657 in the new round of financing plan: "If the venture capital companies disagree , Then let’s go ahead. Let’s follow the original plan. Longyue Ventures should not refuse to invest more. After all, the results we have made are there."

"The problem now is the problem of webcasting, and the new e-commerce in the future. We need to make arrangements in advance. I can be 100% sure for the short video app. There will be a large number of people coming in, but they will survive in the end. How many are there?"

"There is one point that Chairman An is right. Our domestic Internet industry has indeed entered into a very strange phenomenon, that is, monopoly operation. With the entry of big capital, everyone is burning money. If you can’t burn your money, then you will be squeezed out of the market in the end, and then you will be completely wiped out. The only thing that can prevent you from surviving is that, in addition to some of your own reasons, capital is the decisive factor."

"Without the support of capital, the final result will be doomed, that is, we will be squeezed out and cannot survive. It is almost impossible for this status quo to change. Therefore, our financing plan still needs to be strained. That’s fine. Now the company doesn’t have much funds to use, and it needs to lay out the future, which requires more money.”

"There is one thing that needs special attention, that is, our core cannot be changed. Capital is the second, or even an overstatement. Our users are the second. Even if it seems almost no problem, there are many Although venture capital companies value these things, they are more concerned about the kernel. What is the kernel is nothing more than content."

"I believe that only after the content is completed, there is no fear that there will be no users. Only with strong content and after a series of promotion, users can be attracted. Of course, the background algorithm inside is also needed. Pay special attention to the background algorithm plus its own content. Together, these two pieces are the foundation of our foothold and the hope that we can survive."

"In addition, in the new financing plan, we need to add a special point, that is, we will build a database independent of the platform, the role is for the protection of information, we also need to actively invite relevant departments to supervise. , To do a good job of supervision, there are no provisions or provisions now, but I feel that this should be soon, and the relevant departments will introduce some measures."

"Now that we have done it in advance, we can win a good image. What's more important is to wait for the relevant measures to come out, and then rush to do it, it will be a little bit rushed, or follow the trend, for us There is no benefit to the image of a company, and if you do it in advance, you can get some benefits. This is also very important."

"Of course, I also know that building this database independent of the platform will consume a lot of money and cause countless troubles, but it must be done, even if the venture capital company has opinions, it must be If they do, they will have their opinions. The opinions are bigger. At most, they don't agree with the financing plan this time. If they don't agree, then don't follow the investment."

"Now our domestic capital market has become very popular. We are not afraid that we will not be able to attract investment. If we can't, we can just switch to another company. Even if the strength of the changed company is not very good, we have developed to now, in fact, we need to borrow their influence. Not much. We only need to have the funds to burn. There are many venture capital companies in China that are not short of money."

Su Hua still sees clearly in this respect.

In other words, it’s a bit too much, that is, there are no more VCs in China that are short of money and many people are stupid. There are a lot of VCs waving checks and suffering from not being able to find high-quality projects. Undoubtedly, Their slow-handed company is a high-quality project. If they had not developed to this point and wanted to invest in their venture capital company, they would have to pick a little bit and set a threshold...

If there is no such threshold, just let the wind go, I believe there will be a lot of people waving checks to come to the door.

This is not an exaggeration!

It's really exaggerated at all, and it can even be said that there are some conservatives.

This is the current situation in China.

"If other factors are not considered, our company does not lack financing venture capital companies."

The general manager nodded in agreement, and even said another advantage: "If we find some not very big venture capital companies, they have no reputation and are simply rich. Maybe they can still increase our valuation. Woolen cloth."

"This is a certain possibility."

The vice president couldn’t help but smile. Of course he knew this possibility, but sometimes the rules cannot be easily broken. Venture capital companies with a lot of money and stupid people can do this, but they can’t have any bottom line: "If so It is confirmed that in the new round of financing plan, Longyue Ventures will follow up with the investment, then our valuation cannot be temporarily raised, which is a bit of a violation of the rules of the industry."

"If other venture capital companies can raise our valuations, they can't be in the same batch of financing plans. Some of them are inhumane and some are inappropriate. I'm afraid it will cause dissatisfaction from Longyue Ventures. The valuation of this financing has been finalized early. In terms of valuation, Longyue Ventures is the main force, and several existing venture capital companies also agree with this valuation."

"The valuation of 20 billion U.S. dollars is actually a lot higher. Longyue Ventures also stated that it has increased by 30% on the original basis. If this premium valuation is no longer false, High, it’s really inappropriate. If you really want to do this, just list two new rounds of financing. For example, a C+ round of financing. This is not without cases. We can do this completely, but simply C We can even make a single investment by Longyue Ventures, and the valuation is still US$2 billion.” The vice president’s brain is not stupid, on the contrary, he is very bright, and put forward such a suggestion.

…….

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