Chapter 421: Valuation of Two Billion!
"Huh?" Li Chuan was slightly stunned.
Jiang Zeyu explained: "Douyin's current development trend is very good, it won't take long to surpass Tencent and become the new traffic center of the Internet, with the vitality of short videos, this trend will not disappear for at least five years, which means that in the next five years, Douyin will not show signs of large-scale decline."
Five years is enough for us to grow and grow...... As long as we develop to a certain extent, we can get rid of the constraints of Douyin, and when the time comes, everything that happens now will be nothing. ”
Li Chuan frowned and thought for a while, and then asked: "Then what if Douyin asks for a large number of voting rights or a veto right when investing?" ”
"That can't be!"
Jiang Zeyu said in a serious tone: "It's not that they haven't made investments, they should understand that it is impossible for a company like ours that is not short of money to give up a large number of voting rights and a veto."
If they ask for this, they are forcing us to go, and when the time comes, we don't have to think about it so much, just change the platform.
Personally, though, I don't think that's very likely.
There's no reason why they have to force us to go, our value is here, and if we move to other platforms, they will inevitably take a huge risk...... They are not gamblers, and if there were better options, they would be less likely to do such a thing. ”
"Do they have a better option?"
"Absolutely."
Jiang Zeyu replied: "At present, although we occupy most of Douyin's traffic, we have not yet formed a monopoly in the real sense, and we have not used our advantages to do anything particularly out of the ordinary.
In this case, they can be slowly resolved in various ways...... Since they can slowly dissolve, they have a reason to take risks. ”
"Then you think they invested in us just to manage their finances?"
"That's not possible."
Jiang Zeyu shook his head and said: "They definitely have strategic needs, however, I think they will take their time, at the beginning, they will not ask too much, I estimate, they will ask for a small number of voting rights to ensure that they have a certain right to know and speak within the Miki Network, but a large number of voting rights and a veto power...... They may mention it, but it shouldn't be their bottom line. ”
"If that's the case...... That's something you can consider. ”
Li Chuan thought for a moment, nodded, and then asked, "If we accept investment, what price should we quote?" ”
"The more the merrier."
Jiang Zeyu replied: "The more costs they pay, the greater the internal responsibility, and the greater the internal responsibility, a fixed chain of interests will be formed, and at that time, even if we do something out of the ordinary, there will be someone within Douyin to help us speak." ”
"Well, that's true, but how much does it cost?"
"It's hard to say."
Jiang Zeyu thought for a while and said: "Before, I did an appraisal of the 'Miki system', and the valuation was about 5 billion, but it was three months ago, our development speed was too fast, and in three months, the assets have more than doubled, if according to the original evaluation standards, the valuation of the 'Miki system' is at least more than 10 billion." ”
"Ten billion?!"
"I'm just saying it casually, and it's not a standard."
Jiang Zeyu explained: "The current market environment is not the same as three months ago, three months ago, live streaming was just heating up, and now, live streaming has become a new outlet, and the popularity is much higher than before."
The hotter the market, the cheaper the capital, if you put the 'Miki system' three months ago in the current market environment, the valuation is not 5 billion, it may be 6 billion, 7 billion, 8 billion, or even directly doubled to 10 billion.
And the current 'Miki system', after asset expansion, I think the valuation is at least more than 20 billion.
Of course, this is only a rough estimate.
I have not carefully evaluated the current market environment and the asset size of the 'Miki system', and I cannot give an accurate answer. ”
"20 billion ......"
Li Chuan's face changed slightly: "This ...... Is Douyin acceptable? ”
"Whether you accept it or not, it's not them who have the final say, it's the market that has the final say."
"But now, apart from them, there is no one else to offer."
"Soon after."
"Huh?"
"The news of the 'Daren Supply' APP has spread out, Douyin is because of the relationship of the 'landlord', the response is faster, and others may react slower, but as long as they leave some time, they can always react, after all, our real value is there, I don't believe that those capitals are blind."
"This ......"
Li Chuan thought for a moment, and then asked, "When will they react?" ”
"Soon, I guess, there will be news in a few days."
“……”
Facts have proved that Jiang Zeyu guessed correctly, but he was a little conservative.
The response speed of various capitals was even faster than he expected.
They didn't need to "pass a few days" at all, and in the afternoon of the same day, they received a letter of inquiry from the two capitals.
The origins of these two capitals are not small, and they are both local forces.
One of them is Fosun Group.
Fosun Group is a comprehensive investment group with biopharmaceuticals as its main business, ranked among the "Fortune 500", and its founder Guo Guangchang is the richest man in Shanghai and the vice president of the General Association of Zhejiang Entrepreneurs.
"The richest man in Shanghai" and "vice president of the Zhejiang Chamber of Commerce", these two identities seem to be a little awkward when put together.
But actually, it's not surprising.
Fosun Group was established in Shanghai, its headquarters is also located in Shanghai, and Guo Guangchang himself lives in Shanghai all the year round, so there is no problem at all to say that he is "the richest man in Shanghai".
As for the "vice president of the General Association of Zhejiang Entrepreneurs", it is because he is from Zhejiang Province.
The criteria for selecting a person for the local chamber of commerce is not to see where the person does business, but to see where the person was born or where he lived as a child.
Guo Guangchang was born in Zhejiang Province, and also lived in Zhejiang Province when he was a child.
Therefore, when he became the vice president of the General Association of Zhejiang Entrepreneurs, there was no problem at all.
The other capital has a greater origin, and its head is the president of the General Association of Zhejiang Entrepreneurs, without the word "vice".
Who is the president of the General Association of Zhejiang Entrepreneurs?
It is the well-known founder of Ahri Baba and the boss of Li Chuan's previous life - Ma Yun!
Ahri Baba took the initiative to come to the door, and it was normal.
Li Chuan and the anchors of Sanmu Network, although they spend most of their time live on Douyin, they have not given up on Taobao.
Li Chuan will broadcast an additional broadcast on Taobao every shopping festival, and other anchors of Sanmu Network sometimes broadcast live on Taobao, such as Wu Xiaobai.
Wu Xiaobai was on Taobao live broadcast at the beginning, although later due to the company's strategic adjustment, he also went to Douyin live broadcast, but on Taobao's side, he has always insisted.
He is now live streaming four days a week, two days on Douyin and two days on Taobao, without any tendencies, which can be regarded as a dual-platform battle.
It can be seen from this that Taobao is the closest partner of Miki Network in addition to Douyin.
Ahri wants to invest in Miki Network, which is basically the meaning of Taobao.
The purpose of Taobao is also easy to guess, it is nothing more than to occupy a certain right to speak through investment, and then promote the transfer of Miki Network to Taobao.
In this regard, Li Chuan will definitely not agree.
He worked in Ahri in his previous life, and he knows very well that Taobao's traffic will deteriorate in the next few years.
If he takes the Miki Network to Taobao, the future development of the Miki Network will be greatly limited.
Therefore, he will definitely not accept the investment of Ahri Baba.
In contrast, Fosun Group can be considered.
Fosun Group is not an Internet company, nor does it have an online platform, so it will not have many strategic demands like Ahri or Douyin.
They invested in Miki Network, mainly to make money.
This relatively pure investment method is more in line with Li Chuan's interests.
In Li Chuan's view, as long as the investor can bring him enough benefits, he is willing to take the other party to make money.
What benefits can Fosun Group bring to him?
The first thing that many people think of may be money, but money is not important to Li Chuan.
Because Miki Network is not short of money, and has a strong hematopoietic ability, there is no need for external financing at all.
Li Chuan stood on his own standpoint, and looked at the other benefits brought by the Repeating Star Group.
What are the other benefits?
First of all, Fosun Group, as a representative of local forces, has huge social relations and an extremely deep background.
If it is allowed to join in and become a shareholder of Miki Network, then Miki Network can receive some help and support from Fosun Group in terms of contacts and background.
This kind of help and support may not be much in normal times, but it is often very useful when things really happen.
Secondly, after Fosun Group became a shareholder of Miki Network, Li Chuan is likely to be able to get in touch with Guo Guangchang.
If he can get in touch with Guo Guangchang, then his social circle will be raised by several grades.
You must know that Guo Guangchang has been starting his business since the nineties of the last century.
He has been in the business world for decades, and now he has become the richest man in Shanghai and the vice president of the Zhejiang Chamber of Commerce.
In contrast, Li Chuan has only made a fortune for less than a year, although he has made a lot of money and met some leaders, bosses and celebrities, his overall connections are not strong, and his social circle is relatively low-end.
There are no leaders he knows who are more than at the level of the department.
Most of the bosses he knows are small and medium-sized manufacturers and brands, and few have assets of more than 100 million.
There are many top stars he knows, such as Yang Mi, Yang Chaoyue, and Wu Jinyan, all of whom are very popular, but they do not belong to the high-end social circle.
The group of celebrities has certain limitations, it is backward compatible, mainly serving fans and audiences, and its reach to high-end social circles is not high.
There are also celebrities who can break this point and mix in the high-end social circle all year round, but the number is extremely rare, think about it carefully, it seems that only Zhao Wei, Fan Bingbing and Li Bingbing are barely qualified in China.
However, two of the three have now disappeared, and Li Chuan doesn't know the remaining one.
In this way, he has no interpersonal relationships that he can do in terms of stardom.
In his cognition, the high-end social circle is the kind of circle that "can often contact big leaders above the department level and big bosses with assets of tens of billions, and can grasp all kinds of hidden information from their mouths".
If he wants to break into this circle, it may take a long time to rely on his own efforts.
But if he has a relationship with Guo Guangchang, he may be able to get in touch with the high-end social circle and quickly integrate into it.
Once he integrates into the high-end social circle, his vision, pattern, and ability to grasp all kinds of information will definitely change dramatically.
This is still very important for him who aspires to become an entrepreneur.
The above two points are the reasons why Li Chuan thinks that "Fosun Group can be considered".
Of course, he just felt that it was okay to think about it, and did not immediately make up his mind.
He wanted to wait a little longer to see if there were more and better options.
The results did not disappoint him.
He did wait for more and better options, but the situation was not what he imagined.
The next day, on the morning of June 14, Miki Network received more than a dozen investment inquiries in a row.
Half of these dozen letters are unknown investment companies, and the remaining half are quite large, such as Sequoia Capital, Dachen Venture Capital, Legend Capital, etc., and even Tencent and JD.com.
These people all came in one breath as if they were discussing.
Regarding this situation, Li Chuan was a little confused.
He didn't know what was going on, so he hurriedly called Jiang Zeyu to discuss.
"What's going on?"
Li Chuan looked puzzled and said, "They didn't make any movement yesterday, why did they ...... today?" That's it? ”
"I don't know."
Jiang Zeyu thought for a while and said, "Maybe...... It's the news that's been exposed. ”
"Message exposed?"
Li Chuan didn't understand for a while: "What do you mean?" ”
"It's the news that Douyin, Ahri, and Fosun want to invest in us has been exposed."
"How was it exposed?"
"I don't know."
Jiang Zeyu shook his head and said, "I guess there may be something wrong with Fosun Group." ”
"Why?"
"Douyin and Ahri are both Internet companies, and with the style of Internet companies, they basically won't have problems in investment, while Fosun is relatively poor, and the possibility of news exposure is higher."
"If the news is exposed, will they rob it?"
"I'm going to rob it."
Jiang Zeyu explained: "It's not like a few years ago, there are fewer and fewer high-quality investment projects, and it is becoming more and more difficult for investment companies to do business. ”
"Don't they do an assessment before they grab it?"
"There should have been an assessment."
Jiang Zeyu paused and said: "It's been three days since the 'Talent Supply' APP was promoted out of the circle, and it is impossible for them not to know, but they have not made up their minds, or the evaluation has not been completed, to put it bluntly, they are still investigating or hesitating."
They were investigating or hesitating before, because they were not stimulated by the outside, but now, when they heard that someone had already made a move, they naturally couldn't sit still...... Therefore, they didn't care about 3721, and sent the investment inquiry letter first. ”
"Oh, I see."
Li Chuan understood.
"That's my guess, the real situation may be a little different from what I said."
Li Chuan did not speak.
He leaned back in his chair and fell into deep thought.
(End of chapter)