Chapter 136: Su Wen's worth
"South African newspaper group MIH injected US$157 million into Weixin, becoming the second shareholder of Weixin"
As soon as the Herald report came out, it quickly grabbed everyone's attention. Pen Fun Pavilion wWw. biquge。 info
Since yesterday was the first to be revealed by the Herald, Weixin and the South African newspaper group MIH reached a financing agreement, coupled with the corroboration of Jiangzhou TV, the authenticity of the Herald's report is self-evident!
The people who reacted suddenly felt that their worldview was about to collapse.
$157 million?
This is already Sina, which has the highest market value among the three major portals, with nearly half of the market value!
Although it is not clear what the proportion of MIH's shares in Weixin is, this financing amount alone is enough to ignite the entire Internet industry.
At present, it is still the cold winter period of the Internet, and most of the risk funds are tightened by the monetary base, and only when they encounter quite promising projects, they will invest, and the amount of investment is not large.
For several months, in the Internet industry, I have only heard a few times that the largest number of Internet companies that have successfully obtained venture capital is only two million dollars!
But Weixin has now raised that amount to $157 million all at once.
This has to be surprising!
And even if this financing amount is placed last year before the collapse of the NASDAQ, it can still catch everyone's attention.
Because of this financing amount, it has refreshed the record of the highest financing amount in the history of Chinese Internet companies!
In July this year, Sohu went public with a financing amount of US$130 million, the largest in China's Internet history.
But the $157 million financing of Weixin and MIH has completely trampled on the record set by Sohu before.
And the first round of financing reached a surprising $1.57, so what is the valuation of WeChat?
This has caused many people to reverie, is it the $500 million offered by Weixin itself?
The valuation of Weixin was immediately calculated before noon after the report of the "Herald" came out in the morning.
Some people who are active and thoughtful go to the industrial and commercial bureau to inquire about the company filing of WeChat.
Sure enough, it was found that Weixin had changed from the previous 100% holding of Su Wen to 65% of Su Wen's shares, and the remaining 35% was occupied by South Africa's MIH Group.
The shares given to the core members must be worked for five years before they can be cashed out from Su Wen.
After inquiring about the shareholding ratio of Su Wen and MIH, the valuation of Weixin was easily calculated.
This calculation method is very simple, $157 million divided by 35% is the valuation of WeChat!
After accounting, a valuation that shocked the world appeared in front of everyone, $448 million!
That's more than the market capitalization of any of the three major portals!
This makes many people feel a little scary, when did the domestic Internet start to change?
How did Weixin suddenly become the first in the industry?
Many people who can't accept it for a while can only comfort themselves with the statement that the valuation can't compare with the market value.
Weixin, a company that has not yet been listed, can only be said to be favored by South Africa's MIH Group, so it gave such a sky-high valuation!
It doesn't mean that WeChat is worth so much money!
This statement has been agreed by many people in the industry, after all, the market value can be reflected in the stock, it is indeed worth so much money!
And the valuation of Weixin is not good!
But in any case, Weixin's valuation of $448 million has also shocked the industry, making many people look sideways at it, and no Internet company dares to underestimate it.
As for the news of WeChat's successful financing, the three major portals were surprisingly unanimous and remained silent, as if they were indifferent to it.
With the wide spread of the news media, Weixin and the South African newspaper group MIH soon became the target of inquiries from all sides.
This is no longer chasing hot news, and the successful financing of Weixin has also set a new record for Chinese Internet companies, and has also triggered a series of chain reactions.
With a financing of US$157 million, Weixin has transformed itself into the company with the most abundant Internet cash flow in China.
And MIH, which invested in WeChat, has become a wealthy golden thigh in the eyes of many people.
There are many Internet companies that call to ask if it is possible to cooperate, and there are also Internet companies that want to find funds.
Of course, there are also many Internet companies that don't know the contact information of MIH and call Weixi, hoping to help match them.
MIH dares to come up with $157 million to invest in WeChat, so isn't it even more important to invest in other Internet companies?
The big movement caused by Weixin has given the Internet companies that are still shrouded in the Internet bubble a booster!
It also proves that capital has not left China, but the requirements for investment objects have become more stringent!
With the success of Weixin financing, Su Wen once again came into people's attention.
Because with the calculation of the valuation of Weixin, Su Wen's worth has also been calculated.
448 million US dollars multiplied by 65 percent of the shares, equals 291 million US dollars, which is converted into 2.332 billion yuan!
In 2000, the richest man in China was Rong Zhijian, and his net worth was only more than 8 billion yuan.
Su Wen, a young man who is only nineteen years old, is already worth 2.3 billion.
It shocked many people speechlessly!