150. 1000 times valuation
Seeing that we were all stunned and didn't speak, Zhao Xiaolong drank saliva, touched the tip of his nose and said, "What's wrong?" Why don't you speak? ”
Xiang Mengmeng frowned and pouted: "Mr. Zhao, I'm thinking, if the money from the mangrove tree comes in, but we can't get it, then what are we doing!" When will I become a rich woman? ”
Hearing Xiang Mengmeng say this, Xia Qing and I couldn't help laughing, but Zhao Xiaolong still didn't understand the situation, and when he saw us laughing, he also laughed.
"Mr. Meng, this kind of request from Mangrove is normal! Do you think, the money came in, and a few of you executives ran away with their money bags in their mouths, and then started the stove again and made something like that? Where is such a good thing! I smiled and persuaded.
"Then I don't care! If the money arrives and we can't share it, what's the point of doing this project? I don't care if it's 200 million soft girl coins or 200 million US dollars! All I care about is how much money I can get and when I will get it! Xiang Mengmeng pouted.
Looking at Xiang Mengmeng's unhappy look, I said with a little cry and laughter: "You know penguins, right? ”
"Penguin? Of course I do! I'm playing their games! Didn't Mr. Zhao start his own business from Penguin? What's wrong? Xiang Mengmeng asked with a puzzled expression.
"Oh, so you know! Well, let's let Xiaolong talk about where the money for his business came from. I said with a smile.
Because I remember the first time I met Zhao Xiaolong, he told me something that shocked me, he said that in fact, the salary of Penguin's employees can only be regarded as the middle and upper in terms of performance, but the reason why many employees are desperate to stay in Penguin is that in addition to bonuses and benefits, there are also stocks that are distributed on a regular basis every year.
The penguin's reward is also strange, and at the end of each year, the penguin's senior management will distribute shares to give out the year-end bonus. Depending on the number of years of employment and the level of employment, Penguin's employees can range from a few hundred shares to tens of thousands of shares.
Because Penguin is already a listed company, the face value of one share is more than 200 yuan, if you can get 100 shares, it will be more than 20,000, and if you can get 1,000 shares, it will be more than 200,000.
According to Zhao Xiaolong, there is a joke circulating in their headquarters, an old tech house who has worked in Penguin for many years, and the shares distributed by the company every year have been saved and not sold, and when the company goes public, the technician who earns 8,000 a month will directly become a billionaire.
And an important factor why Bruce Zhao dared to come out to start a business was because he sold millions worth of shares after resigning.
After listening to Zhao Xiaolong's story, Xiang Mengmeng said as if he didn't understand: "That means that my options have to be kept?" ”
"Yes, what do you think, you started a business with hundreds of thousands of start-up capital, and with a demo, you have achieved a valuation of 22 million, which can attract the attention of a super VC like Mangrove in such a short time, and the valuation has soared by 60 times! If it was a little more than a month ago, your 1% was only worth 220,000, but now it's tens of millions! Moreover, the capital of mangroves has always been a rabbit and an eagle, and since they dare to give this valuation, they are quite optimistic about the project of "tens of millions". According to their previous investment cases, it is entirely possible to increase the valuation several times, or even dozens of times, within a year! I patiently explained to Xiang Mengmeng.
After listening to me, Xiang Mengmeng's mouth opened into an O-shape, looking very surprised. Xia Qing then added: "Ten years ago, Mangrove invested 10 million in Penguin's competitors, accounting for 20% of the shares, but unfortunately cashed out within two years, do you know how much that 10 million is worth now? ”
"How much?"
"Tens of billions!" Summer Qing said slowly.
“omg!” Xiang Mengmeng's mouth is wide open, and he can stuff a walnut into it, thinking that Xiang Mengmeng, as an executive of 'tens of millions', has to make up for the capital class.
"What Mr. Xia said was true, it was the Internet bubble period at that time, and even capital like Mangrove felt that cash was more reliable, so he cashed out and left after getting two or three times the return. However, at that time, the takeover of Xia Island Country Capital has been gritting its teeth and carrying the capital winter, and now the 20% stake it got from Mangrove should now be valued at more than 40 billion US dollars! Directly multiplied thousands of times! Zhao Xiaolong said with emotion.
"Tsk! I think it was really the golden age of capital! I also said with emotion, "Oh, by the way, Xiaolong, then again, the money of mangroves, I listen to you, are you still a little hesitant?" ”
"Actually...... Just a week ago, my old club came to see me! Zhao Xiaolong touched his nose and said a little embarrassed.
"You're saying penguins are also interested in 'Ten Thousand Rooms'?" I couldn't help but ask, curiously, "Aren't penguins always playing games?" ”
"It's a long story, aren't penguins always accused of plagiarism before? In recent years, Penguin has also been rich, and it is estimated that it is not authentic to always plagiarize in the past, and now the domestic Internet circle is also vertically and horizontally, so a few years ago, Penguin set up an investment division to be responsible for investment and acquisition. ”
"Also, penguins used to be really not authentic, what they saw and what they copied, almost forced domestic Internet entrepreneurs into a corner, and everyone did projects quite secretly, because they all knew that once any project was copied by penguins, there was only a dead end." I said.
"Penguins are rich now, I don't know if it's to wash away the notoriety of plagiarism, or to create an ecosystem that belongs to penguins, anyway, the investment in the past two years has been really large, and they have invested in hundreds of large and small projects in the past two years! Moreover, unlike other companies, Penguin does not care about previous employees, and will not ban you because you resign from Penguin, but will take the investment method to reconnect with you. They have even set up a special fund for former employees, which only invests in entrepreneurial projects of Penguin's former employees. Zhao Xiaolong said.
"That's kind of interesting, it's the first time I've heard of it." I said.
"Last week, the former head in charge approached me and talked to me, and he happened to be in the investment department of Penguin now, and after hearing about our project, he was also very interested. It's just that the valuation they give is not as much as that of Mangrove Capital. ”
"How many?"
"500 million!" Zhao Xiaolong stretched out a slap and compared the road, afraid that we would misunderstand, and added, "It's not a dollar!" ”
"Huh? It's only 500 million! It's more than half of the valuation given by Mangrove! Xiang Mengmeng sighed and said, "Don't get entangled!" It's still more generous to foreigners! Penguins are too picky! ”
"Mr. Meng, don't interrupt, listen to Xiaolong." I said, I guess since Zhao Xiaolong hesitated, there must be his reasons, in addition to the emotional factors of the former owner, maybe the penguins have other more tempting conditions.
"I'm also a little entangled, and I just want to hear everyone's opinions."
"You say, you say!" We urged together.
"That's right, although the penguins give us half the valuation of mangroves, but the penguins will not ask for the position of major shareholders, will not sign a VAM agreement with us, and the penguins will provide us with corresponding promotion resources, in short, the penguins will give us money in addition to guiding us." Zhao Xiaolong explained.
"You mean the penguin will push our app in its client?" I asked, if that's the case, that's interesting, you must know that Penguin has installed more than 100 million super apps under seven or eight, if you can guide us through these large traffic entrances, then this temptation is not small.
"Lao Gao, I'll tell you the truth, I haven't talked about it in that detail yet, but the last time I talked to my friend, he revealed this meaning. You know that now the app has become saturated, the promotion fee is actually quite scary, now the cost of a user acquisition in our vertical industry is more than ten yuan, or even dozens of yuan, conservatively estimated to achieve a million users at least twenty or thirty million costs, if you do tens of millions of downloads of the app, then the promotion fee alone is an astronomical amount. If we can catch a ride with the penguins, we can save a lot of money on promotion fees alone. Zhao Xiaolong said.
"Xiaolong, we really have to take into account the problem you said. And, as far as I know, several of Penguin's super apps are indeed carrying products that they have invested in or partnered, and they are now mainly doing ecology, which is really an opportunity! I said.
"I don't understand what you're saying! Please, do you think Chinese is good! Xiang Mengmeng listened with wide eyes next to her, but she still seemed a little confused.
After listening to our chat, Xia Qingda concluded: "Xiaolong, you might as well contact both sides again." However, if it were me, I would probably choose Penguin, although the penguins give a low valuation, but if Penguin can really give 'tens of millions' of users, then we can save a lot of promotion fees! What you save is what you earn! Also, as far as I know, Mangrove Capital's means are indeed relatively tough, although the valuation given is relatively high, but often the following companies are very miserable, and their decision-making process is relatively long, after all, it is overseas capital, and many things cannot be made by the Huaxia headquarters, and they have to be submitted to the headquarters of the United States. But how much of the Wall Street gang knows about the Chinese market? Especially since we are in the real estate business. You must know that rice country and our Huaxia are completely different things in terms of real estate. Now you can buy a villa in the United States with the money you can buy a suitable house in Longcheng. In this regard, it is more down-to-earth to take Penguin's money, after all, they know our Huaxia users better! ”
"Agreed! However, Xiaolong, the mangrove side still has to be contacted, as the so-called two birds in the forest, it is better to have one bird in hand. It's real when the money arrives in the account, otherwise it's all empty! I added.
"Okay! In the past two days, I have solved the technical bugs as soon as possible, and it is expected that the 'tens of millions' app will be officially launched next week, Android and iOS will update the version, and when the project is officially launched, I will seize the time to contact both sides! Zhao Xiaolong said.
"You take the time to report this situation to Sister Miao, and listen to her opinion, don't write programs every day, you must know that you are now the boss of a company with a valuation of more than 100 million, and all aspects have to be considered! Also, Xiang Mengmeng, you have to know a little about capital operation, otherwise I'm sorry for your options! I quipped.
"you, old high! The money hasn't arrived, don't tell this girl! Xiang Mengmeng smiled and punched me.
Xia Qing glanced at me and Xiang Mengmeng, and didn't say anything, but I still felt a chill in her eyes, so she stared at Xiang Mengmeng, and then said to Zhao Xiaolong: "Xiaolong, anyway, if there is any situation during this time, please contact at any time, what can Mr. Xia and I help, just squeak!" ”
"Okay! That...... I'm going to work? Zhao Xiaolong rubbed his red eyes and said, "I haven't been in the company for most of the day today, and there are a lot of things that need to be solved!" ”
"It's not too early, let's go out for a bite to eat?" I looked at my watch, it was almost eight o'clock, and I had just been chatting so much that I forgot the time.
"No, I asked my colleague to order takeout! I have to work overtime! Zhao Xiaolong waved his hand, didn't care about us, and went to work with a notebook by himself.
"So let's find a place to eat and talk?" After chatting about 'tens of thousands' for most of the day, another purpose of this trip has not yet begun.