Chapter 705: Preliminary Valuation of the Well-off
Chu Yuanxi originally wanted to say that we even had the sharp weapons needed for sinking, but seeing that Wei Ning was also sitting below, he had to swallow back.
In fact, when he said this, many bigwigs below were still pondering the well-off "cloud blockchain" plan.
This so-called cloud blockchain, if it falls into the hands of the currency circle bigwigs who issue air coins, it is simply a high coin, and it is impossible to anchor with anything, because once anchored, it will lose the space for speculation, and it will not be able to swim in the blue ocean of imagination, and can only fight in the red sea of equivalent exchange.
Why can it be sent to high? Because it can be landed, at least logically, of course, the premise is that it must be technically able to run. And the bigwigs in the currency circle issued air coins because they couldn't land on the ground, not because they didn't want to find a focus point, where there was a little bit of land that could be landed, it must be landed, because it could play bigger.
For example, the "Qubu" that Chu Yuanxi once wanted to recommend to Dai Wei for observation and reference is a blockchain project that was forcibly landed.
This is a walking step counting APP,The level of software development is simply breaking through the sky,There was a situation where you have to open the APP to count steps,And you can not walk only shake your arms to increase the number of steps,If an ordinary APP is deleted by the user in minutesγ
But it is not only in the name of the blockchain, but also as a capital disk, and the mode of the upper and lower lines is promoted on the ground, and users get coins by walking to complete the task, which is very impressive. You must know that in the Celestial Empire, the Iron Throne of the Earth Push Realm will always be monopolized by projects in the form of upper and lower lines, whether it is the previous honey source, the current curved step, and there will be endless similar projects in the future.
So the blockchain was forced to fall to the ground, although its block information and walking were actually not a dime related. And the effect of its landing is very shocking even in the online and offline mode, a such a bad APP, appeared at the end of 2018, it only took three months to obtain 20 million DAU, and then with the help of a set of barely self-consistent logic to start speculating coins, luring more people to realize the dream of getting rich, by March 14 today has intensified, recording countless leeks.
However, the vast majority of Aircoin bigwigs don't even have this awareness, and their concept of the project is still stuck on how to package the white paper, so they can't find the environment to land.
Let's take one example of this project - the first blockchain-based fairy yeast community in the history of the Internet.
The promotional material reads: We will develop a new chain, and every yeast coin generated on the chain can be bound to a little fairy. The little fairy is randomly drawn based on the artificial intelligence face pinching function, and has the ability of self-growth, and can realize operations such as dressing, changing clothes and removing makeup through the superposition and separation of currency value. With the development of technology and the prosperity of currency, eventually each little fairy will grow into a fairy yeast with full-link beauty capabilities on the chain through deep learning. Therefore, the value of yeast coins in the United States is incalculable, and there is great room for appreciation.
This kind of promotional material is simply a new wind, at least it doesn't look like air, even the air is relatively fresh air, which can kill 99% of the air coin projects in the coin circle.
However, if you put the description of the well-off blockchain project outward, the fairy yeast is simply embarrassed! People with investment experience in the currency circle do not need to judge this kind of thing for more than a second.
That's why so many people are here today. In other words, it is precisely because Yuan Jing let out the wind that there is a blockchain project that can be landed here, and the technology is strong and the posture is perfect, so many people came. The blockchain that can be perfectly landed represents money, fast money, and fast money brought by a large number of leeks!
It's just that after Chu Yuanxi explained the overall plan of being well-off, there were a lot of shakers in the hearts of these investment bigwigs who were interested in issuing coins.
Because, the well-off blockchain is really good, but Chu Yuanxi has decided not to issue coins, although it is possible to be "really fragrant" in the future, but no matter how you look at it, it is different from the blockchain they are familiar with. All projects that issue air coins must be asset-light, how can they return to "community operation" without light assets? How can they run away without returning to community operation?
In this case, it is really necessary to consider whether to issue coins or not. Otherwise, if you make 1 billion by issuing coins and cutting leeks, and lose all the heavy assets invested in the previous 3 billion, won't it become a big joke?
Therefore, in the hearts of these investors who are keen on blockchain investment, the status of the well-off is quietly changing, and they are full of confidence before coming, but after sitting for half a day, they feel that they can't see clearly.
However, another group of investors have a higher evaluation of the well-off or Chu Yuanxi who made the decision, this is a person who does practical things! It's just that Chu Yuanxi is not going to be a seed round, or even an angel round, so they all listen to it.
I only heard Chu Yuanxi say: "I don't just talk about the goal of 300 billion passing in the future, it has been calculated a lot, of course, it depends on whether the work is in place." On this occasion today, I will talk about my ambitions, first, mobile payment. The difficulty of mobile payment lies in the promotion and the rollout of the payment entrance, but in the final analysis, it also lies in whether it becomes a national-level application.
In this regard, UnionPay is pushing their Cloud Quick Pay, and Goudong is also pushing Goudong Finance, but at present, it seems that they are all suspected of burning money to subsidize users. This is a very bad way to promote, because once the subsidy is over, users still use WeChat and Alipay back. Xiaokang's mobile payment will never subsidize users, but rely on our endogenousness, rely on our online content and currency internal circulation to mobilize users' enthusiasm for using Xiaokang payment. This is also an area where blockchain will come into play
In fact, there is a lot to say today, I will use the idea of creating traffic to promote the well-off, I am a professional in this field. The specific method is to allow me to keep it secret for the time being, just like planning to hype an event or a celebrity on Weibo, which cannot be leaked in advance, and it will not work if you say it in advance.
The second is to develop into a large user platform, APP is not only used as a software for buying and selling, but also provides rich online and offline content to users, creating a full-stack living environment......
Chu Yuanxi didn't say anything about socializing, because he didn't dare to say it. The matter of social interaction must be kept secret, even from the development team, and only the Yuan family brothers and sisters and Liu Lu know about social networking before the social function is developed. If it is exposed in advance, it will go wrong in case of the spread it attracts.
But even so, there are enough things to explain today, starting from the four core systems, logistics, management, membership and content, and even revealing a little trace of online content. The main reason is that recruitment has begun, and the specific links of online content can be hidden, but its existence cannot be hidden, otherwise why recruit so many AR developers?
So let's just say it generously, we need to use online content as an important user tool.
The essence of entrepreneurship is to burn money efficiently, and the essence of the financing roadshow is to explain how you will burn money, so that people feel that the money is burned in the right way, the value of burning, and the efficiency is high!
By the time he finished blowing this round of, Zhu Wei was already asleep in the audience. She held her eyes strongly, regretting it to death, and said in her heart that this fairy should not have come out with this moth, and now she has made herself miserable! Chu Yuanxi begs you to quickly collect the supernatural powers! These big guys are really okay, and none of them are sleepy?
Of course, no one is sleepy, and in the face of the situation that real money is taken out, dozens of times the profit may be gained, or there may be no return, and no one will be sleepy.
Soon, a pair of ears stood up, and only heard Chu Yuanxi say: "Having said so much, let's talk about my goal, my goal is to carry out A round of financing in August, and the target is temporarily set at a pre-financing valuation of 3 billion, I hope you can follow up at any time and make an accurate judgment on whether it is worth it." β
"That is to say, if you invest 100 million in it, you will get 1.5 billion back in half a year, right?" Lin Jian smiled, the current shareholding structure of the Ba people is 100 million paid-in capital + 100 million team options, so according to this plan, the 100 million invested by Chu Yuanxi will become 1.5 billion after half a year.
"Is this a lot, Mr. Lin?" Chu Yuanxi felt that he was still wronged, and said in his heart, don't you know that I told Yuan Jing that I was talking about it from one billion yuan?" "Think about it, the paid-in capital of Ba Ren Entertainment in the early stage was only 4 million yuan, and the team was all grassroots freelancers, and half a year later, the valuation before the A round of financing was 1.5 billion. Xiaokang I invested 100 million in cash, the team is either an industry elite or a famous scholar, any one can cause a shock in a certain industry, is the A round valuation of 3 billion high?"
"But your number is too big, you are cutting meat from us! When you were financing, I knew that the first mobile game was launched, and the number of fans of self-media accounts was rising, and IP was also forming, which can be seen in actual results, and it is estimated that 1.5 billion is not much. β
Lin Jian said very skillfully, attracting many investors to exclaim: "Dadu Venture Capital's DD is detailed enough!"
"That's, don't look at what Lin always came from?"
"Yes, yes, is the A round of 3 billion too high? Xiaomi was only valued at $1 billion when it did the second round of financing, and the exchange rate was only 6 at that time, which is the rhythm of half of Xiaomi......"
"Don't talk about it, Xiaomi's current market value is only 200 billion, and the minimum for the well-off is 300 billion, and I don't think half of Xiaomi is high. β
DD is Due Diligence, Chu Yuan Xixin said that the reason why you extrapolate from the results is that you think 1.5 billion is not much, if you think it is not much, I will eat the projector! It's a pity that his hardcore Li Jingfei didn't come today, otherwise it would be fun to encourage Li Jingfei to fight Lin Jian on the spot.
I only heard Lin Jian continue: "But Xiaokang, can investors see similar results by August? Convenience stores are not self-media, and they can quickly see results." β
"Well, I'm not a person who likes to talk full, usually I think I can do 100% of the time and only 80% instead of 120%. "Chu Yuan Xixin said that after seeing the actual results, do you still want to invest 3 billion? What do you think? Only in the stage of hanging and not yet decided, there is such a cheap price!
So he groaned for a moment and said, "So I can only say that according to my schedule, August is the most suitable, September is fine, and October is a little late." β
Xu Xin interjected: "Then what if the financing doesn't go well?"
"Sister Xu. Chu Yuanxi shook his tune and said honestly: "In fact, the cash of the Ba Ren Group can fully bear the three rounds of financing of the well-off ABC, and I will finance it myself, and I don't need to find others." The sum of these three rounds of financing is more than 5 billion, you know what I mean.
I am willing to share more benefits with investors if I want to complete the grand plan and reach the expected height, and it will take several years to burn money, so I am willing to share more benefits with investors, especially when the valuation is low. β
"Okay, that's right. Xu Xin took the microphone, stood up, half-turned, and said to the investors behind him: "One of the things I appreciate about Xiao Chu is that no matter how much you open and let go of your words, you can say it very calmly, so there are often surprises." So I don't know if you have thought about the following question - if your financing goes smoothly, then, when do you plan to go public?"
Chu Yuanxi hesitated. If according to the urine nature of the general investors, such as the well-off investor group in the original world, it is obvious that the sooner the market is listed, the better, at least at this stage, investors are definitely willing to go public, only when the enterprise develops, it is sure that it can see very good prospects, and it will be reluctant to sell, and the later the market, the more full the market value.
But not to mention that the people present today are all top investors, most of them belong to large investment institutions, and there are also big guys like Xu Xin and Lin Jian, who have been famous for many years, so Chu Yuanxi plans to say the opposite: "You just emphasized a condition, that is, the financing is smooth. In the case that the financing has been smooth, I think it is okay not to go public, at least not in a hurry. β
After speaking, he glanced at it carefully, and sure enough, big guys of Lin Jian and Xu Xin's level didn't say that they were happy, but at least there were no adverse reactions, but some little red guys showed obvious puzzled looks.
So without waiting for them to ask, Chu Yuanxi continued: "I think so, compared with listing, non-listing does not consider the interests of investors to cash out of the market, from the company's point of view, it is nothing more than that it is difficult to merge and acquire in the form of equity when merging and appraising, but it is not completely impossible, just such a shortcoming, it is not a big problem for me."
Although a company may not immediately encounter a ceiling when it goes public, it is not easy to rise by another 20 times, and it is even more difficult to turn over several times as quickly as in the venture capital stage. As you may know, post-IPO financing should be valued by the PE system. β
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