"I will launch a new value-added service for users early next year, which is definitely a cross-generational move. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 As long as this era of krypton gold comes, whether it is a blog or a PB chat, its users will only increase more and more, our profits will be bigger and bigger, and the more investment money we can get. ”

Bai Xiaosheng thought about some money plans, and said to Su Rong on the other end of the phone with a smile.

Not only is she going to kill the penguin, but she's going to take its place.

Creating happiness with heart will also become an important slogan of the daytime network company, and the specific direction.

However, the penguins in the previous life were too ugly to eat, and they have been criticized by most Chinese people. If she does this to the point of daytime networking, she will definitely devour the wallet in the pocket of the consumer very elegantly.

Bai Xiaosheng's dream is to make all users not only spend a lot of money, but also spend it very happily.

This is a goal pursued by successful entrepreneurs.

"Krypton... What is the Krypton Age? Is this a concept that some economist came up with?"

Recently, Su Rong studied MBA at a business school, and her mind was full of Keynesian economics and various business concepts.

Although she started very late and didn't have much education, fortunately, her talent was not bad. And more importantly, she worked hard, like a dry sponge, desperately absorbing nutrients and knowledge.

But she hadn't really heard of the term 'Krypton Age', but it seemed to be a very unfriendly thing.

"Hmm..." Facing Su Rong's serious inquiry, Bai Xiaosheng hesitated for a few seconds, and then couldn't help but smile: "In fact, it is a concept derived from a certain penguin company in business." The meaning is very simple, it is to let users willingly empty the money in their pockets. ”

“... This, though I don't quite understand it. Listening to the other party's slightly sinister laughter, Su Rong said with some hesitation: "But what Xiaosheng wants to do, I will definitely complete it to the end." ”

"Huh... In the afternoon, Aunt Su remembered to pick me up at the airport, and then I would discuss with you all aspects of the company's valuation, and you should go through all the financial statements for this quarter, and then bring them to me for review. ”

Bai Xiaosheng spoke slowly, and took a small sip of black coffee by the way.

She sat in the comfortable first-class sofa chair and unconsciously glanced out the window, at this time the plane was still docked next to the airport, and the light on the ground was not bright, but a little gloomy, just like the cold climate outside.

Her singer work has relatively few things during this time, and now she is focusing on the market valuation of the daytime network, and how to make those investors increase their weight is also a more important issue now.

Market valuation does not mean that the company itself fully possesses this value, but rather that the company has the level and potential to approach this value.

If the company goes public, the market value follows the stock entirely.

Before going public, valuation was based on all aspects of a company. Whether it is long-term potential or existing net profit, or even the number of users, the number of active users, user value, market share and other aspects, all are the reference basis for market valuation.

Of course, this valuation must also be determined by every investment institution, some investors will be bullish, and some investors will be bearish, which is the same as looking at the future direction of a stock.

Some investors feel that the company will lose money in the future and there is a risk of bankruptcy, so the investment share given will naturally be less. Some investors will feel that the company may expand many times in the future, so the investment share will naturally be more.

Therefore, a company has different prices in the eyes of different investors. Just like the current Ali Bar Company, in the eyes of most domestic institutions and banks, this company is worthless, and it doesn't know how to waste money to invest. But in the eyes of Bai Xiaosheng, an investor, Ali Bar is a hen that lays eggs.

Although the road of Ali Bar in the early years is indeed difficult, as long as it is passed, then the future is a very broad world.

It's just that during this period, the risks that Bai Xiaosheng, an investor, may have to take are also huge.

Therefore, from this point of view, every investment institution has no 100% technical analysis, whether it is PE (private equity investment), VC (venture capital) or angel investment, it will bring certain risks to investment institutions.

This risk is very normal, not only investing in this kind of thing, anything related to money, usually accompanied by risk. The most critical question for investors is how to minimize risk.

The easiest and quickest way to minimize risk is to invest in a company that you can see with the naked eye that has great potential.

This is the case with Baidu, Tengxun, Sohu, and the new daytime blog. In 2000, there were about 100 large and small Internet companies in China, but only a few could have millions of users.

In recent months, some companies have rushed to imitate the various businesses of daytime network companies, but none of them can achieve the level of daytime network companies.

And precisely because the Internet era is still an era of reckless heroes, it is not as good as the existing real economy in terms of system and market share.

That's right, in 2000, these domestic Internet companies were all tied together, and their profits and market value were not as good as those of any large entity.

Let's simply take the top state-owned enterprises as an example, not to mention the two barrels of oil put together, just take Zhongshihua as a comparison, the total market value of Zhongshihua listed at the end of this year is more than 100 billion, which is equivalent to the sum of 300 companies similar to daytime network companies, or even more.

It is also equivalent to hundreds of Baidu, Sohu, and Tengxun combined.

Therefore, how underdeveloped the Internet economy is in China at this time, you can think clearly with your toes.

Internet companies with a valuation of hundreds of millions of dollars are nothing in the entire Chinese entity industry. The current richest man in China is Li Ka-shing, who is worth $12.7 billion on the Forbes list this year.

Is it possible to compare the existing and embryonic Internet companies?

Naturally, it can't be compared, even the Huadian Group controlled by Zhang Qiaoqiao's family has a market value of tens of billions of Chinese coins, and it is second only to the top power companies in the government's power department in China.

Obviously, even if it is a large company in this industry, there is a huge gap between the large companies in other industries in the business field.

Just like the entertainment industry, Yifeng Records, with a market value of hundreds of millions, is already a large entertainment company, and Huayi, with a market value of more than one billion, is the top entertainment company in Huaguo.

However, compared with some processing industries, electric power, coal mines, home appliances, automobiles, aerospace, crude oil, real estate and other industries, the entertainment industry cannot be compared.

The same is true of the existing Internet industry, which is also like a baby in swaddling clothes, a very weak kind.

However, although the real economy is developed, it has almost been carved up, and now it is completely a chessboard of capital, which is very unfriendly to most new entrepreneurs.

The Internet economy is still in its infancy.

But that's how it is possible to succeed from it.

No one would have thought that China's Internet economy would begin to expand rapidly in a few years, and begin to increase with qualitative changes. (To be continued.) )