Chapter 0340 - Confrontation
Wu Yimo didn't plan to get used to anyone. Pen ~ fun ~ pavilion www.biquge.info
Although the Fifth Dimension Network intends to cooperate with Sequoia Capital, and Sequoia Capital's strength is indeed good, if Xue Che intends to bargain with this, then he can only hehe, we don't have that time to get used to your problems.
Xue Che was completely stunned by Wu Yimo's sudden change of attitude, didn't he have any jokes just now!
"That, Mr. Wu, are you mistaken, our Sequoia Capital is very sincere about your company's Series A financing!"
Wu Yimo saw him put away his vulgar appearance, his voice lowered, and he snorted coldly in his heart.
is still pretending with his aunt and grandmother, I really don't know how many eyes Ma Wang Ye has!
The fifth-dimensional network has huge potential, and for Sequoia, which has invested in large-scale Internet companies, it is impossible for them not to evaluate it in detail, and the valuation of $10 billion is undoubtedly underestimated compared to the strength and potential of the fifth-dimensional network.
Of course, this valuation is also what the Fifth Dimension Network Company thinks, as for what others think, it is up to the benevolent and the wise, anyway, Li Yue has no intention of cooperating with short-sighted fools.
"But I can't hear the slightest sincerity in your words, Mr. Xue!" Wu Yimo's tone was cold, she still had no experience after all, and her attitude at the beginning was too friendly, obviously giving Xue Che a signal that the fifth-dimensional network company wanted to cooperate with Sequoia Capital, so Xue Che would bargain, but fortunately, she quickly realized her mistake and immediately became cold towards Xue Che, who had not yet reached an agreement.
"I don't know what Mr. Wu means?" Xue Che already understood the reason in his heart, but he was still a little unwilling to give up the price reduction, so he asked pretending not to know.
Wu Yimo glanced at him and said: "The fifth dimension network company does intend to carry out Series A financing, and welcomes major venture capital institutions to come to discuss cooperation, but there is a premise, that is, to accept the valuation of our company's 80 billion Huaxia coins, put aside this premise, don't waste everyone's time." I think, Mr. Xue won't have heard of this, right!?"
Such a one-sided showdown made Xue Che, a senior investment manager, very uncomfortable.
According to his previous habits, Wu Yimo had such an attitude, and he would have brushed his sleeves away. But it's a pity that the Fifth Dimension Network Company is not one of those grassroots enterprises that have no one to raise, and behind the Fifth Dimension stands Li Yue. People are not worried about not having a partner, and even they are not short of the little money for financing.
So it's a little tricky.
Is the valuation of 80 billion high?
Very high indeed!
Compared with many network companies in Huaxia at present, this high valuation is a bit out of the question.
In the face of such an outrageous offer, he Xue Chexue always rushed to ask for cooperation for wool?
Because this valuation is not high compared to Penguin's position in the Eastern world, and relative to the future of the Fifth Dimension Network Company!
Why?
According to the estimation of Sequoia's internal investment analysis department, in the instant messaging software market, it can be said that the fifth dimension is equal to Windows, and even the fifth dimension of Penguin is more mature than MSN, which is hastily launched by Windows Company relying on email, and Penguin has proven its success in the Eastern market, China, Japan, South Korea, Southeast Peninsula, etc., Penguin is already the hegemon of the instant messaging software market, while MSN is still difficult to promote in the American market, and the situation is only slightly better than the penguins that landed in the United States. This slightly better point is based on the fact that Windows Company played off-stage means to suppress the penguins, and Sequoia Capital knew this kind of unpopular means, and even sneered at the failure to defeat the penguins in one fell swoop after making such a measure.
All these facts show that Penguin is unrivaled in the instant messaging market.
According to Sequoia's long-term experience in investing in the Internet field, they believe that the value and cornerstone of the Internet market lies in the Internet users rather than the traffic in today's mainstream perception.
For example, the traffic of navigation websites in various countries around the world is huge, almost killing any other network product, but these traffic is only a superficial phenomenon, users do not stay after clicking on the navigation website, but go to other websites through the navigation site, so that there is no traffic but meaningless.
Compared with navigation websites, major portals can convert these traffic into real users, but there are more tourists in the portals, and the proportion of loyal users is still very small.
The instant messaging software launched by the Fifth Dimension Network Company, Penguin, has taught all Internet practitioners a good lesson, and the traffic conversion ratio of Penguin is very high, so high that it is unbelievably high. Of course, more strictly speaking, it cannot be said that Penguin converts traffic into users, but it should be said that it converts users into traffic.
It's not that no one has thought of instant messaging software, in fact, the first instant messaging software was created as early as the end of the last century, but because of political and other reasons, it was not able to be introduced to the market, making the fifth dimension network company famous, it is a pity to think about it.
Of course, this is off topic.
To get back to the point, in the eyes of Sequoia Capital, Penguin, which controls such a large number of loyal registered users, and the fifth-dimensional network company that controls Penguin, is destined to be the hegemon of the future Internet era, at least the undisputed hegemon in the field of general software.
Compared with the window companies that dominate the field of system software, it can be clearly seen how high the market value of the fifth dimension will be in the future. You know, Windows is now worth more than $100 billion, so the so-called $10 billion valuation of the fifth dimension is not high.
Xue Che was able to come to the Huajing headquarters of the Fifth Dimension Network Company today, and he must have received permission from the Sequoia headquarters about Li Yue's offer.
The reason why he bargained was nothing more than that after seeing Wu Yimo's attitude, he made his own decision and wanted to prove his ability to the head office.
"Hehe, Mr. Wu smiled, I am used to it, and it is also a business to invest, and businessmen are used to bargaining. "Being able to sit in the position of general manager of Sequoia Huaxia Region, Xue Che's face is definitely thick enough, seeing that Wu Yimo's attitude has changed greatly, he immediately changed his ways," For the valuation of your company, we Sequoia believe that it is still worth the money after considering the future development prospects of your company, so I came here today on behalf of Sequoia Capital, and want to reach a cooperation agreement with your company, Sequoia Capital subscribed for 10% of the shares of the Fifth Dimension Network Company with 8 billion Huaxia dollars in cash, and if your company has a B or C round of financing in the future, Sequoia Capital will also increase its capital in equal amounts. ”
After listening to Xue Che's soft words, Wu Yimo was noncommittal, smiled and said, "Mr. Xue, my company accepted Sequoia's bid. ”
Hearing this, Xue Che suddenly smiled, and his heart was settled, but it was obvious that he was happy too early, because Wu Yimo's next words made his face change suddenly.
"If there is no higher bid in the next few days, I will contact you with Mr. Xue to sign the contract. ”
I'll it!
What do you mean?
Xue Che's mood suddenly fell to the bottom.