The last time Su Hualai Weituo's building was his only visit, and it is estimated that he will not come again in the future.

Li Yidan was ashamed of the failure of the project, and since Weituo began to set up an investment department to screen and select a number of small enterprises in Beijing, so far, this is the only time that the expected goals have not been achieved.

The chairman's office in the Weituo building has a large glass, through which Wen Xiaoguang can see a wide exterior view, which is his request, and it will make him feel bored to be locked in a small room all the time.

"This matter is over, Li Wenbo has also talked to me, we don't need to worry about this, there are many good projects, and in fact, I am not thinking about Kuaishou. ”

Wen Xiaoguang in front of the glass curtain wall crossed his hands and hugged his chest.

Li Yidan was behind him, this woman in her thirties had her hair coiled, revealing her swan neck, and the OL suit was worn on her body, although she was no longer young, she was also quite temperamental.

"So what are you thinking?"

Wen Xiaoguang sneered, "I'm thinking, although I have repeatedly emphasized that the strategy of the Micro Tuo Investment Department is strategic investment, in fact, we have made too much money because of investment. This is not a good thing in the long run. ”

Li Yidan didn't understand, "Why is it not good to make money?"

"It's good to make money, it's not good to make it too easy, too much, and too fast. Wen Xiaoguang only made a simple rough calculation, and found that Weituo had made too many investment profits from companies such as Ele.me, Meituan, Didi, JD.com, and Alibaba.

The whole company is floating with the yuan.

It's just too easy and too quick to make money, and the investment profits will even exceed tens of billions of dollars in the next few years.

A person will gradually become comfortable because he is too comfortable, and so will a company.

"Mr. Wen, you mean, we have to stop?"

"We should be able to eat the population and traffic dividend for two years, WeChat's daily pass is just close to 400 million, but it is estimated that it will not be long before the mobile Internet will enter the second half, and we must make short videos before entering the second half." ”

The content creator conference is scheduled for June, and creative communities everywhere are also preparing, and Wen Xiaoguang has been controlling the ship.

One thing missing,

"Yidan, you put aside the things at hand, and the hurry is over, and then you can assist me, we are almost about to start the preliminary preparations for the C round of financing. ”

In the B round, Weituo took more than 1.6 billion US dollars, after the money arrived, the Japanese subsidiary first took 40 million US dollars, and in 2013 took 100 million US dollars, in addition, they built a new headquarters, costing about 200 million US dollars, investment, acquisition of various enterprises spent more than 300 million US dollars, the first time to invest 800 million yuan in Weituo Cloud, the key to this field is that the output is not visible for the time being, and the next two or three years must continue to invest.

The remaining big head is to maintain the growing number of users of WeChat, and the content support of Toutiao is also at the expense of money, in fact, a lot of money has been spent in the content field, but it is generally not obvious that the money has been spent.

Weituo also has nearly 10,000 employees, although it also has a revenue of about 3 billion, but the company as a whole is in a state of loss.

There is still money in the account.

But the promotion of short videos is also a big money-burner.

Li Yidan also knew that Mr. Wen's recent trip to the United States had been there, so he probably thought about it, "So what will the C round of funds be used for?"

"Two uses, one is to push the short video project of Toutiao and X Division, Japanese companies I plan to let them raise their own financing, to reduce some pressure on the headquarters for a while, and the other is to introduce more common interests to prepare for the future listing, so this is not a place to spend money, our second point of spending money is mainly in strategic investment. Cloud computing, electronic payments, including the AI chips that you suggested before and I suggested. ”

These are even more expensive, compared to Ali's 100 billion establishment of the Damo Academy, the current micro extension is far behind, so the money seems to be a lot, but in fact it is like that.

Wen Xiaoguang said: "Toutiao's success is somewhat unexpected, we will get some funds, so the sense of urgency to go public has weakened, and it should be delayed without restriction for now, so as not to sell our shares cheaply." ”

"But when I introduced some state-owned assets, I told some people that they would IPO within three years, so I may have to talk about this point again. ”

Li Yidan didn't know if Wen Xiaoguang would just wait for it to say it later when she made this promise, it was a bit bad, she instinctively felt that it should be.

"This is a bit unconventional, but our company has great potential, and when you can make money, you like to hear what shareholders say. ”

Wen Xiaoguang smiled, with a confident glint in his eyes, turned his head and said, "This is a charming place to do business, but also a cruel place. ”

When you don't make money, you praise him and he thinks it's a fart. When you make money, you fart and he thinks he's praising him.

There are good and bad going public, but basically, as long as you are not particularly hungry for money to develop, then the necessity of going public is less urgent, unless the leader himself values the meaning of 'success' in the word "public".

Otherwise, it would be a better choice to obtain funds in the form of private equity, etc.

You don't need to look at the face of Wall Street, and you don't need to look at the stock price. There is no need to make all the details of the business public, which increases transparency, but also exposes secrets.

And if you have confidence in the company, postponing the listing will also be a better option.

Of course, the premise of considering these elements is that there is money to sustain development.

Jingdong does not have this condition, their logistics system is still building, and they have been continuously financing in recent years, and listing is a major means of financing.

In Wen Xiaoguang's memory, ByteDance was not listed when he was reborn, and Internet companies have been established for seven or eight years, and it is relatively rare for them to be successful and not listed, and there is a reason for being rare.

In this set of reasons, the weight is not low.

Although the business is not exactly the same, Wen Xiaoguang gradually feels that Weituo also has the confidence to be 'reserved', and it is quite rewarding to get a non-public valuation of more than $100 billion.

"Do you want me to go to the United States with you?"

Wen Xiaoguang turned around, "Yes, you are more familiar with that side." ”

Now it's just the preliminary preparation for the C round, Li Yidan estimates that this is to touch the capital's perception of them, the overall valuation of Weituo last time was about 20 billion to 240, different investors give different amounts, but I don't know what the number should be this time.

In any case, as long as there is a little wind on Weituo's side, it will definitely cause the wolves to be excited.

Pei Xiaotong didn't feel the excitement at all, she was only confused, and thought that her charm was not enough.

But when I return to my senses, I feel that this should be a reflection of people's sense of responsibility, and the more I think about it, the more I feel that he is really a good man!

The more I think about it, the more I regret it, and then fall into a vicious circle of self-torture.

(End of chapter)