Chapter 881 A company with a valuation of 50.6 billion

Xianyu Company, in the large conference room, Zheng Ge listened to Meng Tongfeng's narration and was silent.

It sounds like everything is optimistic.

The current Xianyu can be said to be thriving.

It's just that he feels that Xianyu's steps are a little big, and I'm afraid that the funds are ......

It didn't take long for Meng Tongfeng to finish speaking.

"Mr. Meng is right. Zheng Ge took the lead and applauded.

After the applause, Zheng Ge said again: "Finance Department, let's talk about the company's financial situation." With so many new projects in the company recently, is there any financial pressure?"

The director of finance is a woman in her 40s.

Hearing Zheng Ge's question, she pushed down the glasses on the bridge of her nose and reported unhurriedly: "Mr. Zheng, for the time being, the company's funds are quite abundant. However, judging from the upcoming project budget, the funds are a little tight. At present, the company's books are ......"

The other party quickly reported the financial situation, and Zheng Ge listened silently.

In order to introduce traffic, Xianyu has launched a large number of activities, which has led to very limited profits for the company, which is basically supported by financing.

Internet companies are like this, in order to attract traffic, there is basically no profit in the early stage, or even a loss.

Just like Meituan in the previous life, with a market value of nearly 600 billion Hong Kong dollars and an annual turnover of 65.2 billion, it is still in a state of loss.

This is true for similar Internet companies.

Valuations have skyrocketed, one higher than the other, but there is indeed a big problem with profitability.

Of course, this does not include gaming companies.

Zheng Ge estimated that it would not be long before Xianyu Company would launch a new round of financing.

Next, each department reported the situation separately.

After the meeting, Zheng Ge and Meng Tongfeng came to the president's office.

……

"Brother Zheng, try the good tea I just made. ”

In the office, Meng Tongfeng poured Zheng Ge a cup of tea.

Zheng Ge took a sip and nodded, "Yes, it's good tea." ”

Meng Tongfeng smiled and said, "Brother Zheng, a few days ago, some shareholders of the company proposed to hold a board meeting, what do you think?"

"Let's open it. Zheng Ge took a sip of tea and said indifferently: "What do you think will be the purpose of their proposal to convene a board of directors?"

"I don't know yet. Meng Tongfeng shook his head and said with a smile: "It doesn't matter, anyway, we have more than half of the board seats in our hands." ”

Zheng Ge nodded.

The Board of Directors has nine directors, who hold five seats except for a few external shareholders.

Even if some directors on the board of directors mention plans that harm their interests, they can not approve them.

Therefore, Meng Tongfeng's control over Xianyu is very strong.

In addition, in the shareholders' meeting, Meng Tongfeng also has one veto and multiple votes.

Among the high-level leaders, Meng Tongfeng's majesty is also particularly high. Most of the executives were single-handedly pulled up by Meng Tongfeng.

Of course, there is also a board of supervisors in the company, and there are some restrictions on Meng Tongfeng's rights.

After chatting for a few words, they talked about the issue of the company's listing.

"At the moment, the company is far from going public. Zheng Ge waved his hand and disagreed with the listing.

Xianyu has just gone through Series A financing.

The round he invested in was equivalent to a seed round.

After that, Taobao Group belonged to an angel round of financing.

Later, there were Pre-A rounds and Series A financings.

At present, the valuation of Xianyu has reached 7.2 billion US dollars, equivalent to 50.6 billion RMB.

This speed of development is like riding a rocket.

You must know that in the previous life, it took five years for the scale to reach 100 billion.

But this world, from the establishment of Xianyu to the present, has reached a value of 50.6 billion in about two years.

If the rate is followed, the goal of 100 billion yuan will be completed in about 4 years.

Of course, this is only theoretical.

Perhaps, it will not take four years, only three years, that is, by the end of 2021, it will be possible to complete the goal of 100 billion?

These are all speculations, shopping malls are like battlefields, changing rapidly, and maybe something unexpected will happen.

At present, in the second-hand goods trading market, although Xianyu is the leader, other platforms cannot be underestimated.

Just like the e-commerce market in the previous life, it was originally respected by several major e-commerce platforms such as Ali and Jingdong and dominated the domestic e-commerce market.

As a result, 15 years ago, a Pinduoduo suddenly appeared.

Within a few years, he caught up with platforms such as JD.com, leaving countless people dumbfounded.

"Well, I think so too, but some of the shareholders can't sit still. Hearing Zheng Ge say this, Meng Tongfeng said with some sneer.

"Leave them alone. Zheng Ge waved his hand and said, "If there is anything that can't be solved, just tell me directly." ”

"With your words, I am relieved. Meng Tongfeng joked.

"You kid. Zheng Ge shook his head, looked at the time, and said, "Okay, it's not early, let's go have lunch." I'm going back to the magic capital in the afternoon. ”

Meng Tongfeng was a little reluctant, and he still wanted to get drunk with Zheng Ge tonight.

Although I had already had a drink with Zheng Ge a few days ago, Xi Meng was also there at the time, and I didn't feel like I had drunk it.

"Do you want to stop playing for a few days?" Meng Tongfeng said.

Zheng Ge shook his head, "It's been a week since I came out, and it's time to go back." On the group's side, there's a lot of stuff waiting to be dealt with. If they stay any longer, Lao Guo and they will all go crazy. ”

Meng Tongfeng smiled when he heard this, and he didn't persuade him, so he had to nod and say, "Okay, I'll send you in the afternoon." ”

"Okay. ”

Zheng Ge stood up.

Meng Tongfeng also got up and left the office with Zheng Ge.

……

Instead of going to the company cafeteria, they went to a restaurant not far from the company, ready to try local specialties.

The hotel is small in size and has only two storefronts.

But the decoration is very exquisite.

Or rather understated luxury.

The decoration alone is estimated to be at least 500,000 or more.

Listening to Meng Tongfeng, the main food here is the vinegar fish of West Lake.

Speaking of which, Zheng Ge is also a frequent visitor to Jiangnan City, but he has not tasted the special West Lake vinegar fish here.

Listening to Meng Tongfeng's meaning, the vinegar fish in West Lake in many restaurants is not very authentic. To put it bluntly, it is under the guise of vinegar fish in West Lake to fool those foreign tourists.

"You mean, the vinegar fish in West Lake here is more authentic?" Zheng Ge quipped, sitting in a position in the corner.

"Yes, in terms of ingredients and craftsmanship, it's absolutely authentic. By the way, Brother Zheng, have you eaten fish from the island in the middle of the lake?" Guo Ya said with a smile.

"Hmm!"

Zheng Ge nodded and said, "It seems to be New Year's Day last year, and they came to Jiangnan City to play with Yutong, your secretary took us to visit the West Lake, went to the island in the middle of the lake, and tasted the grilled fish there, which is very good." By the way, your secretary's name is Liu Ya, right? Why didn't you see him this time? You won't resign, right?"

He had a very good memory, and even though it had been a year, he remembered it a little and remembered it quickly.

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Sogou