26. Valuation of Meigo.com

Looking at the information, Zhou Da is accustomed to calculating the current valuation of Meigo.com.

To calculate the value of Internet companies, especially e-commerce platform enterprises, the number of registered users is of course the most important. Meigou now has 20 million registered users, and according to the calculation of 100 yuan for a user, that is the valuation of 2 billion.

Of course, among the 20 million users, there must be a part of the water, which means that some users are invalid users. However, when calculating the valuation now, there is no need to calculate it so carefully, and when you really want to invest, you will pay attention to these catties.

The turnover in the past three days is 420 million, which is also because the website has just opened and there are large-scale activities, so there should not be such a high turnover in the later stage. But no matter how you calculate it, the sales of 10 billion a year should not be outrageous.

This sales volume is amazing, according to Zhou Da's knowledge, Lebee.com and Jumei's sales target for this year is 500 million! These two cosmetics e-commerce platforms, before the Meigou network was launched, were considered to be the leading enterprises in this industry, but now compared with the Meigou network, it will be miserable.

With sales of 10 billion yuan, because he didn't know the settlement conditions of the brands sold on Meigou and the platform, Zhouda gave it a gross profit of 15%. That is a gross profit of 1.5 billion, excluding website operating expenses and personnel costs, if you don't do large-scale promotion activities, you can make a lot of profits!

Although I don't know how much net profit can be, but this is a profit! If you look at the Internet companies all over the world, except for those game companies that wear the skin of the Internet, are there any real Internet companies that can make a profit?!

This discovery made Zhou Da's interest greatly increased, even if the profit of Meigo.com is only 100 million, but giving it a 50 times PE is not high at all, which is another valuation of 5 billion!

In this way, the valuation of Meigo.com is as high as 7 billion. In addition, don't forget that this company still has nearly three billion cash on its books. Counting this part, this is an Internet company with a valuation of 10 billion!

Is it inflated? Maybe. But for Internet companies, it is difficult to have an accurate calculation of valuation.

In a word, technology stocks represent the future, called the new economy, "future" or "new" is uncertain, this is the biggest difference between traditional enterprises, and it is precisely because of this that they will plant many dreams in the minds of investors, and deduce infinite visions. Therefore, in addition to passion and dreams, the biggest challenge to the valuation of Internet companies is uncertainty.

Calculated here, Zhou Da is more interested in Wang Ye, the major shareholder of Meigou.com. He picked up the folder and looked at the investigation materials about Wang Ye in detail.

While watching, he sighed and admired: "This is the real young talent! The achievements in the future are limitless!"

Investment, in addition to the development and prospects of the enterprise, but also the management of the enterprise. If a person with the temperament of a leader and a group of good people is doing something together, then it will most likely not be messed up, no matter how difficult it is.

But if a mediocre person leads a team to do things, it generally won't end well.

From the information, Zhou Da can see the excellence of Wang Ye, not only he can see it, I am afraid that anyone can see Wang Ye's excellence at a glance. Isn't this obvious, Wang Ye has spent a year proving himself, from empty-handed to now worth hundreds of millions, this is the most powerful proof!

Such a person spent a year to make a tens of billions of listed clothing companies, and now it took two months again to make a tens of billions of Internet companies. Moreover, this Internet company has a better foundation than that clothing company, and it is conceivable that the future of this company will far exceed that of Huashang International.

"If this kind of company misses it, I will regret it for the rest of my life!" Zhou Da slammed the table, he made up his mind that he must participate in the next round of financing of Meigo.com.

Such a "unicorn" enterprise is simply a once-in-a-lifetime opportunity, and anyone who makes an investment is dreaming of such an investment opportunity. Of course, the amount of money involved in investing in such a "unicorn" company must be terrifying, but Sequoia Capital is not afraid!

Not only Sequoia Capital saw the potential of Meigou.com, but also big investment banks such as IDG, SoftBank, and Temasek all made the decision to participate in the financing of Meigo.com.

There are more small investment banks, although they also covet the big fat meat of Meigou.com, but after reading the information, they know that this is not a game they can participate in. The strength of Meigou is too strong, and the valuation is now tens of billions! So once Meigou raises money, if there are no billions, they are embarrassed to come to the door and say that they want to invest. This is the game of the giants, and it has nothing to do with the weak......

Investment banks are all about high efficiency, and if they are tempted, they will act immediately.

On May 5th, Wang Ye arrived at the company, and just after listening to Liu An's work report, he saw the secretary Liu Ruomei knocking on the door and walking in.

"Chairman Wang, I just received a call from Sequoia Capital, IDG, and SoftBank, all of which I want to meet with you and talk about financing. ”

Wang Ye smiled when he heard this, this is not surprising to him, any Internet company that is ahead of the curve cannot avoid dealing with investment banks, and these investment banks are the best among them!

Meigo.com is not short of money, and it doesn't even need to raise a penny to go public, but Wang Ye has no intention of refusing the olive branch extended by investment banks.

In this world, especially if you want to be listed on the NASDAQ, you can't do without the escort of those financial giants. These top investment banks have brought not only a steady stream of huge funds to the invested companies, but also various intangible resources and benefits.

And Wang Ye's consistent style is not to eat alone, and appropriately share some benefits to these financial giants, so that they will bring more benefits to themselves in the future.

"Tell them that in ten days, wait, and look again. Wang Ye smiled and instructed Liu Ruomei.

Liu Ruomei took the order to reply to those investment banks, and after receiving Liu Ruomei's reply, the heads of those investment banks were confused, and they didn't know why Wang Ye asked everyone to wait for ten days.

Now they don't understand, but what happened in the next few days completely subverted their cognition, and their views on Meigou and Wang Ye changed again!

The amazing performance of Meigou in the past three days not only shocked people in the Internet circle and investment banking circles, but also shocked people in traditional industries.

Ge Wei, general manager of Modu Jahwa, has been in a good mood recently since the company was acquired by Weiye Jahwa and had a long talk with Wang Ye. Through this restructuring, the company has completely got rid of the constraints of various rules and regulations in the past, and has strong funds to support, and it can finally do a big job.

In the previous paragraph, Li Qinghuan contacted him on behalf of Meigou and asked him to launch all the brands of Modu Jiahua on Meigou.com. This is a good thing, it is to help the magic capital Jiahua open up another sales channel, Ge Wei is of course happy to cooperate.

According to his assumption, through the network channel of Meigou.com, it should be able to help Modu Jiahua increase sales by one or two hundred million yuan a year, which can be regarded as a big channel. In the past few years, the Internet boom and the rise of e-commerce platforms, Ge Wei has also studied.

For example, Lebee.com and Jumei Youpin, if it weren't for the acquisition of Modu Jahwa this year, he might have to take the initiative to contact those two websites to see if there is a chance to cooperate. Now it's simple, the head office has its own cosmetics e-commerce platform, and it can directly hand over the online sales to the headquarters.

However, the performance of Meigou was too surprising to him, and it far exceeded his most optimistic estimate. More than 400 million were sold in three days after it was launched, what kind of concept is this!

However, he is still a little apprehensive in his heart, after all, there are super brands such as Estee Lauder Lancôme on Meigo, as well as the explosive product of Flower Story, among the more than 400 million, how many sales in the future will belong to the Modu Jiahua brand, he really has no bottom in his heart.

It wasn't until the morning of May 5 that he got the sales data from Meigo.com. His assistant came to the office early in the morning and forgot to knock on the door.

"Mr. Ge, the sales summary of Meigou has been sent, this is the sales data of our brand in the past three days, you can take a look!"

Looking at the assistant's happy appearance, Ge Wei estimated that the sales should be good, is there thirty or forty million, if there are really so many, then after a year, it will be hundreds of millions of sales......

He stretched out his hand to take the data summary handed over by the assistant, glanced at it, his hand trembled, and he hurriedly got closer and looked at it carefully.

"I'm not mistaken, have you checked this data with Meigou.com? Is there really so many?!" Ge Wei was afraid that he would be overjoyed, and asked the assistant cautiously.

"That's the number, that's right! I've checked with Meigo.com, and there's absolutely no problem!" When the assistant received the data at that time, it was Ge Wei's reaction, so he double-checked with Meigo.com two or three times before he dared to believe that the data was real.

"150 million! That's 150 million yuan! It's only been three days, and our brand has sold so much on Meigou.com? How much can it be in a month, how much in a year!" Ge Wei muttered with blank eyes.

The impact of this number on him is too great, 50 million sales a day, even if this is a big activity for Meigo.com. But you must know that Meigo.com has just been launched, even if there is no big event in the future, according to this base, there will always be sales of 10 million or 20 million a day, or be more cautious, 10 million sales a day can always be guaranteed!

10 million a day, what about 3.6 billion a year?!

This is just a joke, how many products did Modu Jiahua sell in the whole of last year, and this year it can double its sales through one channel of Meigou.com? Is it because the power of the Internet is too great, or is the magic of Wang Ye too great?