Uber (China)'s attack in the domestic market has taken its peers by surprise.

It is worthy of being the world's largest unicorn company by market capitalization.

Product, Operation, Promotion......

There are commendable points in all aspects.

Especially before, Uber wrote a promotional copy and deliberately wrote a typo.

Everyone sees, a large company like Uber still makes such a low-level mistake?

stimulated people's nature to show off, so some people posted on Moments, some people posted on Weibo, and Uber became popular without spending much money.

In contrast, although Superman performed well in all aspects, compared to his opponents, he was almost meaningless, and he was not as amazing as he was at the beginning.

Tends to be mediocre.

Of course, this is similar to the law of development of things.

From 0 to 1, it's amazing.

From 1 to 10, it seems tepid.

After all, everything you do is supplemented by odd and positive.

Superman gradually becomes the boss of the empire, and all kinds of behaviors become regular.

The older the rivers and lakes, the less courageous they are.

————

"The two-dimensional website you mentioned last time is going to be funded", Xia Qixi handed over the information in his hand.

Guan Huang didn't look at it and asked, "What is the valuation?" ”

"Last year's Series B financing was $38 million, with a valuation of $280 million, and this year's valuation should exceed $500 million."

Guan Huang nodded, "Then get involved." ”

Xia Qixi: "Station B has just spent 14 million yuan (RMB) to invest in Station M, a two-dimensional audio community focusing on ACG-related content. Moreover, Bilibili itself adopts a dual-class share structure to ensure that the core management team has more than 80% voting rights, and I think its financing conditions may be harsh. ”

Guan Huang nodded, "We only make financial investments. ”

Bilibili itself is still financing to find money, but it has not forgotten to invest abroad, which shows that its ambition is not small, and its tentacles have begun to extend to the ACG industry chain.

As for voting rights or something, don't think too much about it.

The stability of the core team is the foundation for Bilibili to maintain its strategy for a long time, deepen its content, and serve young users well.

Xia Qixi: "Okay, listen to you, Tencent participated in the B round of financing, it shouldn't be wrong." ”

Guan Huang smiled and asked, "Why, you are not optimistic about its development." ”

Xia Qixi thought about it, "Don't you think this barrage is a bit anti-human, it's just ......"

Guan Huang laughed, "Qiqi, you are outdated, and there is a generation gap between you and young people, which is not a good thing." ”

Xia Qixi made a strange expression, "Do you think I'm old?" ”

Guan Huang was stunned for a moment and patted her buttocks, "What are you thinking about all day long, when you're old, I like to be older than me, you're just right." ”

Speaking of which, it may be because of the maturity of the heart.

Except for Xu Xinyu, several other women who have been in a relationship are much older than Guan Huang.

Xia Qixi smiled, and he no longer pursued the matter of the man running to Beijing for a private meeting with his little lover.

Guan Huang rubbed it twice, then stopped, and began to explain to her what two-dimensional culture is.

"Okay, stop, I've given up on this thing, and I'll do exactly what you said."

Guan Huang could only nod, "Hey, it's interesting, isn't it." ”

Xia Qixi didn't answer and continued to report to work, "Over there in Kuaishou, DST regrets it and wants to quit, should we take over?" ”

Guan Huang hurriedly asked, "What do you say?" ”

Xia Qixi explained, "In April and May last year, Kuaishou achieved 900,000 DAUs, and at that time, we reached an agreement with DCM and invested 15 million US dollars at a valuation of 65 million. ”

Guan Huang nodded.

Xia Qixi continued, "We just finished investing, about 5 or 6 months later, DST rushed in, directly smashed 100 million US dollars, Kuaishou's valuation increased more than ten times, because we were fighting with the "fast alliance" at that time, we didn't have much money in our hands, just followed the investment, and kept the shares from being diluted too much." ”

Guan Huang remembered that he had been piecing together for this matter before, and asked, "I was surprised at that time, how could it rise so fast, it is not logical." ”

Xia Qixi said: "Last year, the head of DST's China region was still Zhou Shouzi, who believed that headlines replaced newspapers and Kuaishou replaced TV stations, and this logic was invested at that time. ”

"Hmm"

Xia Qixi: "Of course, what I said is very macro, there is only one actual situation, Kuaishou data has risen too sharply, from the last round of 1 million DAU to 800-9 million DAU, it only took 6 months. DST gave a valuation of 800 million pre-investment and 900 million post-investment. Sequoia also followed in this round. ”

Guan Huang asked, "What about now?" ”

Xia Qixi smiled, "DST China has been replaced, and Kuaishou DAU can continue to maintain high growth after the end of 14, but when it rises to 20 million DAU, it has not risen for half a year. ”

Guan Huang smiled: "Then there is no need to quit." ”

Xia Qixi was like a man, "It's not because of Douyin, let's launch this lip-syncing small video, which has attracted a lot of traffic and star resources, and all the data have risen very fast, affecting Kuaishou's growth." ”

Guan Huang kind of understood.

Xia Qixi continued, "Although Xinghuo has become a new company independently, Douyin and daily news are deeply bound to Superman, Kuaishou is still a little-known grassroots product, and the product foundation is not particularly stable. ”

Guan Huang finally figured it out, nodded and said, "Okay, you contact DST, and if the price is right, eat it." ”

Xia Qixi said "um", "What about the cash flow on the account?" ”

Even if DST withdraws, it will not be lower than the previous price, 120 million to 150 million US dollars, almost a billion.

Although Superman can come up with this money, it is not known how long the cash-burning war with Uber will last.

Taking out a billion in one go is not a small pressure.

Guan Huang pressed her shoulder, "Don't worry, money is not a problem." ”

Xia Qixi asked, "Do you want financing?" ”

At this time, the conditions for financing may not be very good.

On the one hand, there is Uber (China) pressing step by step, and on the other hand, regulatory opinions hang over the head like a sword of Damocles.

Greatly affects the valuation of Superman.

Xia Qixi received quotations from several institutions, which were not higher than the $25 billion in June, but decreased, and the highest was only about 24 billion.

Guan Huang shook his head, "Don't raise money for the time being, it's all some wall grass at this time, and it doesn't have much value." ”

"Oh, how do you fix it?"

Guan Huang smiled mysteriously, "Let me sell it, and you'll know when the time comes." ”

Xia Qixi pursed his lips, unhappy.

I feel like I'm hiding some secrets.

Guan Huang hugged her, "Because it will be successful or not, it is still uncertain, so keep it secret first, so as not to say big things and not be realized." ”