Li Mu originally wanted to ask Su Yingxue to have dinner together at noon and give her the album and photos by the way, but he didn't expect it to be too late. Su Yingxue was picked up by her sister-in-law while she was reading in the library. Li Mu failed to see Su Yingxue, and Su Yingxue was also special. I wanted to see what Li Mu looked like in the photo that day, so I told Li Mu that I would give my sister some tutoring lessons at her aunt's house in the afternoon, and then I could go out and have dinner with him in the evening.
So Li Mu made an appointment with her to drive to her aunt's house to pick her up in the evening, and then go to Sanlitun to eat Western food together.
The reason why Li Mu asked Su Yingxue to go to Sanlitun for dinner was mainly because there were many foreigners in the embassy area, so the food, drink and entertainment were more Western and modern than other places. This is also the reason why Sanlitun will become a gathering place for bars and nightclubs in the future. In addition, , Li Mu also wanted to investigate what the nightlife in Sanlitun was like now. When the matter of Fatty Wang Nightclub was completed, he would at least be a shareholder and should be more concerned about it.
When Li Mu returned to school with the photo album, Xu Jiaming was working overtime in his office.
In order to test the strength of the third-generation descendants of the Xu family, the old man of the Xu family put aside his doting or prejudice against his sons for the first time, and paid each of these three-generation descendants a sum of money himself, allowing them to try to rely on their own Mr. Xu has his own requirements on how to spend the money. The first is that he cannot do anything that violates the criminal law; the second is that he cannot borrow the resources and connections of the Xu family; the third is that he cannot use it. Any cheating means to increase capital for your own business or to commit fraud.
In a large and prosperous family like the Xu family, the leaders of the family generally do not have too obvious bias in treating their children, especially when dealing with the younger generation. There is still some superficial fairness. For example, in this kind of competition between the third generation descendants, everyone gets the same money and no one is allowed to help. However, because there is a big gap in the strength of each family, these three generations of descendants have a lot of resources and connections. , there is a very big gap.
Although the old man is not allowed to borrow the resources and connections of the Xu family, who can say clearly about this kind of thing? For example, Xu Jiaming's cousin Xu Jiahua is the most favored among the Xu family's generation in their twenties and thirties. His father is the eldest son of Mr. Xu's first wife, who is more than ten years older than Xu Jiaming's father. He was extremely loved by the old man, and Xu Jiahua was his youngest son. Among the three generations of descendants, almost no one could compare with him. After he received the money from the old man, he did nothing, and some developers directly He came to his door and took the initiative to invite him to buy shares. This was his father's relationship, but relationships are not just contracts, so who could tell
The competition has only started for more than a year, but the company founded by Xu Jiahua has already doubled the capital on hand through a real estate project, and this is just a valuation. Once the real estate becomes popular and goes on sale, the actual profit should be Can reach 200%.
In contrast, Xu Jiaming was a bit miserable. After more than a year of hard work, he was tossing away 100 million until he was left with 50 million, which was almost half a loss.
Xu Jiaming was optimistic about the Internet, but his luck was a bit bad. He invested in several Internet companies, but basically they failed to survive the A round. He was originally introduced to invest in Chen Tianqiao in early 2001, but he went to Shanghai and felt that Chen Tianqiao had too much of a gambler’s temperament. Obviously, he was not very optimistic about it, and the result was that he missed out on the legend that is now exposing its rising trend.
From the launch of Legend to the present situation, his actuary told him that the estimated annual profit of Shanda's game is conservatively estimated to be in the tens of millions.
Xu Jiaming hurriedly approached Shanda again, but Shanda also saw great hope in Legend and began to ignore him.
Shanda's first financing after the success of "Legend" occurred in 2003. At that time, Shanda was at loggerheads with the Korean game company Actoz, the parent company of "Legend". It was also Shanda's lowest point at that time. At that time, SoftBank invested 40 million The U.S. dollar accounts for 24.9% of the shares. This price is considered a bargain price. SoftBank originally invested this money in a state where the dispute between Shanda and Actoz was irreconcilable.
It can be seen that if Shanda develops smoothly, it will not easily allow capital to enter. Before Legend started, former Xu Jiaming did not dare to get on board. Now it is too late to get on board.
Seeing that the other three generations of descendants are all making money, but his own money is shrinking, Xu Jiaming also has a headache. In fact, he is also a person who understands economics and finance, but he does not understand the Internet, but he chooses to bet on the Internet industry. , so his failure is reasonable.
Xu Jiaming is the only one working overtime in the entire company today. It’s not that he has any important work to do. He just has to wait for a friend here. That friend is the person he asked to help check on Li Mu’s situation yesterday. Just an hour ago, He called Xu Jiaming and told Xu Jiaming that the information retrieved by the Industrial and Commercial Bureau showed that Li Mu also had a company called Makino Technology. When he heard that Makino Technology had just registered, it immediately raised Series A at a valuation of 50 million, and the leading investor was Baidu is now beginning to rise.
Xu Jiaming's eyes lit up and he immediately understood the meaning of Chen Ze's words yesterday. Li Mu's 3321 was not going to be used for profit. Chen Ze also said that if he wanted to get out of the quagmire, he would make friends with Li Mu. The meaning behind his words was obvious. It is nothing more than sending a signal: Li Mu can help him. It seems that the reason why he said this is Makino Technology.
As for what Makino Technology does, Xu Jiaming didn't ask on the phone. He just asked the other party, how much do you know about Makino Technology
The other party said that he just had a rough idea and was about to report to him on the phone. Xu Jiaming said directly: "Come to my company for an interview."
So Xu Jiaming rushed to the company immediately and waited for the friend to come to the door.
At almost eleven o'clock, a young man about the same age as Xu Jiaming walked quickly into his company, passed through the work stations outside, and walked straight to his office.
Opening the door, Xu Jiaming stood up quickly and said impatiently: "Kuan Kuan, sit down quickly."
The young man named Kuan Kuan is named Qin Kuan. His family has been native to Yanjing for seven or eight generations. Although his family is not a big family in Yanjing, it is well-established and well-informed through various channels and information. , is one of the weird ones in Xu Jiaming's circle. Based on his family background and background, he would have been unable to enter this circle, but he has an extremely well-informed information network, which is of great use to many people like Xu Jiaming. That's why Qin Kuan was able to integrate into this circle whose strength was much higher than his own.
Qin Kuan sat down opposite Xu Jiaming, took out a document from his bag, handed it to Xu Jiaming, and said, "These are related information about Makino Technology."
Xu Jiaming nodded, took the information and glanced at it, then suddenly realized: "Oh, Tieba turned out to be run by Makino Technology."
Qin Kuan said: "Not only Tieba, but also Yiting.com, which is now the number one MP3 listening and downloading website in China. By the way, it is said that Tieba will soon surpass all major chat rooms and forums and become the world's largest Chinese community.”
Xu Jiaming's eyes flashed and he asked: "How fast?"
Qin Kuan smiled and said: "Very soon, even if Makino announces that Tieba has become the largest Chinese-speaking community in the world, I believe no one will come out to refute it."
Xu Jiaming exclaimed: "So, the valuation should be much more than 50 million."
"Yes." Qin Kuan said: "Fifty million was the price a month or two ago, and now it is estimated to be at least two to three hundred million. This is a fair valuation I asked some awesome people in the industry to give, including Personally, if Tieba can find a new profit model, the valuation will still be at a premium.”
Xu Jiaming asked in surprise: "Tieba is so powerful, but there is no advertising revenue?"
Qin Kuan smiled: "This is the strange thing. From Yiting.com to Tieba, there is not a single advertisement. Both websites are very pure. Maybe people in Makino don't care about advertising revenue."
Xu Jiaming asked: "Is there any prospect of investing in Muye Technology now?"
Qin Kuan said awkwardly: "Brother Ming, now it's not a question of whether he has any prospects, but whether he will be allowed to invest. Since Makino Technology was not established, several big companies have wanted to invest in Tieba, and even Anyone who wanted to acquire the company made more than one offer, but they only wanted Baidu’s money and only 10% of Baidu’s shares.”
Xu Jiaming has become somewhat familiar with the Internet recently. After contacting the Tieba format and Baidu's business status, Xu Jiaming understood.
"It seems that Makino Technology wants Baidu's money mainly because it values Baidu's resources."
Qin Kuan nodded and said: "Brother Ming, you really hit the nail on the head. People in the industry describe Makino in two words: shrewd. Since the founding of Yiting.com, Li Mu has calculated every step very carefully. Until now. Every move he made was very good, especially the financing. Baidu only accounted for 10%, but contributed a considerable part of the users and traffic to Tieba."
With that said, Qin Kuan revealed a piece of information to Xu Jiaming: "Now everyone is counting how long the money from Makino's Series A can be burned. I heard that they are now aggressively expanding their technical team and starting to do publicity and promotion everywhere. At this rate, they will The Series B round will be closed in a month or two.”
Xu Jiaming asked: "How many companies are interested?"
Qin Kuan smiled and said: "A buddy from Yahoo said that basically everyone in the Internet industry is interested in Makino Technology."
Xu Jiaming suddenly fell silent.
He did some calculations in his mind. Baidu invested in Makino Technology two months ago. Five million accounted for 10% of the shares. Now Makino Technology's valuation is at least 300 million. If Baidu withdraws now, five million can become three hundred million. Ten million, which is equivalent to a six-fold increase. This profit rate is almost unprecedented.
If we wait one year, what will the valuation of Makino Technology be? I dare not say how many times the initial valuation of 50 million can be doubled every two months, but after one year, it shouldn't be a problem to double the initial valuation of 300 million, right? In that case, it would be a billion dollars.
Xu Jiaming suddenly felt the urge to buy a ticket and get on the bus immediately, so he immediately took out his cell phone and called Li Mu.
(End of chapter)