Chapter 0339: The Strength of the Fifth Dimension
Bombshell!
For the venture capital world, this is a bombshell!
The fifth-dimensional network company that operates Penguin, Penguin Talk, and Penguin Space has actually announced that it is going to raise money!
For the venture capital industry, this is tantamount to a thunderclap on the ground. Pen % fun % Pavilion www.biquge.info
Penguin, a subsidiary of Fifth Dimension Networks, now has 400 million registered users in China, 60 million registered users in Japan, 8 million registered users in South Korea, and 13 million registered users in the Southeast Peninsula.
The two major products, Penguin Space and Penguin Talk, are also booming and have the potential to become the fourth largest media platform different from traditional media. Relying on the huge user base of Penguin Software, Penguin.com has also become the fourth largest portal in China, although the average daily traffic is not as good as the other three old portals, but under the promotion of a huge number of Penguin registered users, it is also waiting to see if you want to surpass them.
Therefore, in the eyes of the venture capital community, the Fifth Dimension Network Company is an untapped gold mine, and it is a huge gold mine with amazing reserves.
Let's ask, which venture capital institution at home and abroad is not salivating?!
But it's a pity that the boss of Huaxia Fifth Dimension Network Company is not bad for money.
But as long as the news channels are unblocked, who doesn't know that Li Yue is the culprit who blocked Freddie Mac, caused the collapse of two houses in the United States, and the collapse of the subprime mortgage market. That can be called a classic operation, not only detonated the subprime mortgage financial crisis that is about to sweep the world, but also made Li Yue's Tianyue Venture Capital in his hands make a lot of money, Tianyue Venture Capital's wholly-owned Fifth Dimension Venture Capital Company waved checks in the United States to buy the shares of dozens of companies, and even swallowed Time Warner, a media and entertainment aircraft carrier, with deep pockets, all of which proved that Li Yue was not bad for money.
And the future of Penguin is limitless, as long as anyone who knows something about the Internet industry understands what it means!
Nice!
Penguin's future is very good.
Li Yue, who is not bad for money, will share this money with others?!
Obviously not!
Therefore, after several unyielding multinational venture capital institutions tried to no avail, everyone understood that Li Yue was going to eat alone, and no one wanted to pick up the bargain before the fifth dimension network company went public.
The venture capital community, which was already completely desperate and couldn't eat such a delicious meal, was like seeing the dawn before dawn, and as soon as Wu Yimo's news was released, the venture capital world went completely crazy.
Everyone is looking for a way to get in touch with the Fifth Dimension side to find out whether the details about the Fifth Dimension A round of financing are true.
After some contact, everyone was shocked.
A market cap estimate of 80 billion!?
10% of the shares are sold!
In other words, the floor price of this round of financing of Fifth Dimension Network Company is 8 billion Chinese dollars and 1 billion US dollars.
I'll it!
This is a money grab!
Li Yue's lion opened his mouth to scare off many people.
Arrogance! No sincerity!
A group of venture capital institutions that are not strong or short-sighted are like this, and they all feel that Li Yue is teasing everyone, and there is no sincerity at all.
Of course, it was precisely because of their lack of strength that what they said was meaningless to Li Yue.
Wu Yimo is right, instead of wasting time on these people, it is better to set a threshold at the beginning and kick these people out.
"Mr. Wu, your company's offer is indeed shocking. Xue Che, general manager of Sequoia Huaxia Region, sat on the reception sofa in Wu Yimo's office and tentatively said to Wu Yimo opposite.
Wu Yimo smiled when he heard this, and did not show his impatience with those small companies, but took the time to joke: "Mr. Xue, I'm just a wage earner, this kind of pricing thing is not what the boss says!"
Sensing Wu Yimo's attitude, Xue Che was reassured, and it seemed that the other party had an intention for Sequoia Capital, "Hehe, Mr. Wu said with a smile, you have been at the helm since the inception of the Fifth Dimension Network, and in just a few months, Penguin has created the fastest rise miracle in the Internet era, Mr. Li has a unique vision, and you are also indispensable." As a veteran of the company, your opinion must also be very important to Mr. Li. ”
"Hehe! Mr. Xue, this is a joke for me, the fifth dimension network is just a rookie in the industry, the company has only been established for a few months, where can I talk about the company's veterans. Moreover, the company's current achievements are also the credit of our Mr. Li's strategizing, as for me, hehe, whoever comes to this position, as long as he unconditionally implements Mr. Li's instructions, he can do a good job or even better than me!" Wu Yimo said with a faint smile, on the one hand, the words revealed that the company's market value valuation could not be compromised, and on the other hand, it could be regarded as telling the truth.
Since the development of the Fifth Dimension Network, although she has always been the controller of the company on the surface, she is actually only an executor, and the only decision-maker in the entire company is Li Yue. She studied law and had no contact with economic management. Being able to be put into the current position by Li Yue to take on heavy responsibilities, on the one hand, it is related to Li Yue's affection when she shared a house, and on the other hand, it has something to do with her own excellent quality, strong personality and strong personality, of course, the most important point is that Li Yue does not need a general manager who is too capable, Li Yue needs an executor who can unconditionally execute his orders, so Wu Yimo, who has no experience but is highly malleable, will be entrusted with important tasks by Li Yue.
Although standing in this position, he can almost be called the queen of the Chinese Internet, but Wu Yimo is very self-aware and knows that his positioning is not offside, which is particularly valuable.
"Mr. Wu, if we can reach a cooperation, I will ask you more in the future. As for now, should we talk about the Fifth Dimension Network's Series A financing first?" Seeing that Wu Yimo's attitude was closer to Sequoia Capital, Xue Che himself was also full of confidence in the strength of Sequoia Capital, so he interrupted the topic and officially talked about business.
"Well, we are also looking forward to cooperating with your company, based on the premise proposed by Mr. Li. Wu Yimo nodded.
“… This..."Xue Che was a little embarrassed when he heard Wu Yimo's words.
"What? Could it be that Sequoia Capital has any objections to the valuation of the Fifth Dimension Network?" Wu Yimo smiled temporarily, no matter how strong Sequoia Capital is, if she doesn't recognize Li Yue's valuation, I'm afraid she will have to say nothing to Xue Che.
We are very optimistic about the Fifth Dimension Network, and we also believe that the market value will definitely reach more than 80 billion in the future, but we feel that it should take a long time to develop. After all, we are a venture capital institution, and we want to make a profit, so can you please give a more reasonable valuation!" Xue Che asked tentatively after organizing his thoughts a little.
"Hehe!" Wu Yimo laughed, but his face became cold, "Mr. Xue, it's a pity!
As soon as Wu Yimo said this, Xue Che's face changed greatly.