Chapter 672: Talking Business
Today's headlines' revenue mainly depends on advertising, which is nothing, if you go to check the advertising revenue of Internet companies, then the ranking is the real B-A-T, yes, although Baidu does not do well on the mobile Internet, but advertising revenue is the first, and the company's cash flow is very healthy, or it can shout out 20 billion investment O2O.
Relying on advertising to make money may not be technological enough, but mainstream Internet companies have advertising revenue, and behind advertising revenue is traffic, and the means of raising prices is personalized recommendations.
Toutiao is already snatching advertising orders from other Internet companies.
In recent years, if you want to say that the hottest industry is smartphones, the annual growth rate is scary, and if you want to say that you are most willing to spend money on advertising and marketing, then OPPO, Huawei, and Xiaomi are all on the list.
As for JD.com, which is thirsty for traffic, it is even more lavish in money.
Wen Xiaoguang bragged so much at the cocktail party, because he had such confidence, the X business department could negotiate these lists, and the advertising contracts of several large factories could be added together to surpass last year.
And social networking is still in the hands of Weituo, and the headlines of this time and space will be more ferocious than the original time and space.
Of course, Wen Xiaoguang didn't care about these specific matters in detail, and he didn't talk about the advertisements of many small factories one by one, what he had to do was to brag outside and raise the valuation of Weituo.
A year and a half ago, more than $20 billion, at that time, people saw the imagination of WeChat, although it was not worth so much money to sell all the benches, tables and chairs together in a mess, but investors also bid against each other, and some people felt that social networking had such imagination.
Today, imagination has become a reality.
Wen Xiaoguang said that as a newly founded Internet company, they will get out of the vicious circle of burning money and losing money to attract users more than O2O companies, and achieve profitability in the foreseeable future.
Profitability is the core requirement of a business and a solid foundation for the realization of a business ideal.
And now Andy believes in him,
The facts make these people believe.
So what should be the valuation of Micro Tuo at this time?
Wen Xiaoguang didn't say it himself, he was listening to these people discuss.
"Generally speaking, domestic Internet companies can benchmark against the United States, find a template, and make rough estimates, but Wen has finally set a precedent, and there is no one in the world that has done social networking and information distribution together. ”
"Will the short video really be a hit?"
"I think 55 billion is wanted, now it's just social plus information distribution, if Wen can make social more imagination, 75 billion dollars can be expected. ”
A little more imaginative, that's $20 billion.
In fact, some people have discussed this issue with Wen Xiaoguang, in the original time and space, hundreds of millions to hundreds of billions of dollars, that is because of the complete traffic realization support behind the goose factory, and now Weituo is still relatively lacking.
People come together to talk about the future of the company, and it's not just about the merits.
"In addition to doing information distribution based on social networking, hasn't Weituo tried the rest?" a middle-aged successful man, holding a wine glass, discussed very seriously.
He thought he could try something.
Wen Xiaoguang admits and welcomes it, which is a good thing.
But he is relatively cautious, "it turned out that in 2010, Tengxun made all the money and became the public enemy of the industry, my words, I still hope to take some new path, of course, the attempt to do, I have always been relatively open, the company is not prohibited, to see the effect, we have also developed some other APP." ”
The man said: "In fact, there are advantages and disadvantages to holding social interactions, the advantage is that capital is very optimistic, quite optimistic, and the disadvantage is that once it does not reach the imagined appearance, the overall worry will explode." Valuation is all about confidence. ”
Wen Xiaoguang listened attentively, "So I want to give them confidence." ”
"Of course, so far I think Micro Extension is very awesome, you are not giving people confidence, you are giving people confidence in a miraculous way, I remember last year, the venture capital circle was still worried about the way out of Micro Tuo, O2O is so hot, you didn't have a layout, and finally made a news app, it really made people pinch a cold sweat, if you don't get up, now it's not from 20 billion to 55 billion, but the other way around. ”
Only those who do the company together will understand Wen Xiaoguang's pressure.
Businesses are all about growing.
People can't stand the fall.
Every fall may not be fatal, but it is a serious injury.
Wen Xiaoguang asked his name, "What is Mr. Ding's name?"
"Shake, Ding Shake, used to work in the United States, mainly in Silicon Valley, and now do some corporate consulting work, with his own consulting company. ”
There are also such people, similar to consultants.
Wen Xiaoguang felt that he understood where Weituo's life was, so he took out his business card, "Mr. Ding, if you have time, I would like to invite you to do an 'evaluation' for Weituo. I've never heard the opinion of a consulting company perspective. ”
Ding Shao said: "Of course I am willing to serve, does Mr. Wen have any requirements?"
Wen Xiaoguang thought about it.
"In this way, I will hand over some of the development history of our company, including the records of major decisions, and you will also go to the company to see in person, or talk to important people to help us see the loopholes in the management of Weituo, I hope to get an outsider's perspective of Weituo's appearance. ”
"There are several indicators, why has Micro Tuo been able to develop so fast from 2010 to the present, what are the advantages and disadvantages of Micro Tuo......
"Genes and what makes it different from other Internet companies. Ding Yao used this word to summarize it highly.
"Yes, of course I have the answer to all these questions in my own mind, but well, listening to it is clear, and listening to it is dark, and I would also like to hear the conclusion of a professional consulting company after careful research. ”
Ding Shao believes that Wen Xiaoguang will have the answers to these questions, but he still admires this young man, "I have never seen a 24-year-old chairman who is prosperous and has good business momentum come to us for such a consultation. Mr. Wen, you are still so young and have such a sense of distress, I believe that you will be able to do a good job in the company. ”
"Thank you for your blessings. Actually, I don't have anything special about it, I just think about it a lot. Small enterprises are afraid of lack of enterprising spirit, and large enterprises are afraid of insufficient sense of crisis. In this position, doing this is just a thing, and it has nothing to do with age. ”
"Before that, I always thought you were particularly difficult to get along with. It turns out I was wrong. ”
Ding Shao didn't see a young and vigorous Wen Xiaoguang who should even be a little arrogant, which surprised him. At this moment, he can be regarded as convinced, because of Wen Xiaoguang's literacy, not because of wealth, which can only shock the poor.
In his opinion, even if Wen Xiaoguang fails, there will be no overturning failure, and he does not have those shortcomings, which is the most admirable.