Reborn As The Billionaire National Husband, The Boss Of Populus Euphratica!
Chapter 112: Valuation Of 3 Billion Us Dollars! (2, Please Subscribe Automatically)
Wang Cong was not too surprised by the launch of Meituan.
After all, similar group buying products have already begun to appear in China.
and.
Wang Cong now actually knows very well that the advantage he has is nothing more than being the one who eats the crabs first.
Burn money!
Quietly burning money!
This is how Meituan can quickly occupy the market and lay out the entire industry.
Think of this.
Wang Cong directly mobilized a sum of funds from Yuanda Investment.
And at the same time.
He also split up Meituan and ByteDance.
and,
Wang Cong also informed Lin Yuanfang and his friends that if they want to own shares in Meituan, they should continue to inject capital.
And this time.
To his surprise, Lin Yuanfang's friends didn't even hesitate. They all immediately raised the same funds and deposited them into Meituan's account.
This news really surprised Wang Cong.
Wang Cong was still a little confused and even called Lin Yuanfang to ask what was going on.
But the answer Lin Yuanfang gave him made Wang Cong dumbfounded.
"Don't you know, they are all looking forward to you to create another company like Weibo.
Lin Yuanfang told Wang Cong the truth.
Subsequently.
He said calmly: "I'm looking forward to it too, after all, that Weibo post is really scary."
That’s right!
In the eyes of these people, the development of Weibo is simply a bit staggering.
In just half a year, it has grown from scratch to nearly 200 million users.
Not only that.
The first round was valued at one billion U.S. dollars. Less than half a year later, it was valued at over two billion U.S. dollars. It was a huge profit.
Lin Yuanfang has not seen the development of Internet companies over the years, but no matter which company it is, Weibo's development has not been as exaggerated.
"Hahaha, if you are interested, you can find someone to participate in financing."
After hearing what Lin Yuanfang said, Wang Cong had an idea in his heart and said to Lin Yuanfang.
????
????
Lin Yuanfang was stunned for a moment.
He asked Wang Cong in surprise: "Are you kidding?"
"no."
Wang Cong shrugged and said calmly: "But I agreed first, first come first served, and now Sequoia Capital has helped introduce several investment banks such as Morgan Stanley and Credit Suisse. If you want to join the game, you'd better faster.
"Okay, okay, I'll find someone to discuss it right now."
Upon hearing this, Lin Yuanfang nodded quickly to Wang Cong.
Wang Cong put down the phone with a smile on his face.
He doesn’t mind creating a huge protective umbrella for Weibo.
After all, in China, if a company wants to grow, it must have a deep enough relationship.
This is no joke.
But fact.
Although many people flaunt the so-called economic freedom, anyone with a brain knows that no matter where in the world, doing business without official relationships is absolutely impossible.
There is no doubt about this.
Although Wang Cong has no intention of becoming a major shareholder of Weibo, he also knows that if he wants Weibo to maintain a relatively stable environment after its listing, he must make some concessions.
In order to avoid being peach-picked one day, Wang Cong had to plan ahead.
It turns out.
Wang Cong's layout makes sense.
Don’t say anything else.
Just by attracting a group of investors with good backgrounds, a layer of insurance is provided for the company in advance.
And at the same time.
Weibo’s financing is also proceeding smoothly.
Wang Cong did not brag to Lin Yuanfang. Wall Street investment companies such as Morgan Stanley and Credit Suisse contacted Yuanda Investment.
The purpose is also very simple, which is to discuss financing matters.
Facing these investment companies, Wang Cong has only one requirement, that is, Weibo's valuation must be no less than three billion US dollars.
The reason is simple.
Weibo hopes to become the face of Asia
If Wang Cong had said this half a year ago, people would have criticized him for talking nonsense.
But now, the number of Weibo users is there, and his outlook, in the eyes of many people, may not actually be a wishful dream.
the reason is simple.
Because the market in the East is huge.
More than a billion people, even if only one-third or one-fifth use Weibo, is an unimaginably huge market.
certainly.
The specific valuation will still be determined through negotiation.
Because this involves the issue of share dilution.
0…Please give me flowers…
This time.
Alibaba, Sohu and Sequoia Capital all participated in the negotiations.
On the contrary, Wang Cong was the calmest and did not even appear in person. He only sent Ye Leiyang, the general manager of Yuanda Investment, to participate in the negotiations.
In Wang Cong's words, big shots don't need to consider details.
In fact.
He wanted to consider the details, but unfortunately, he didn't have the ability at all.
Compared with these financial elites, his level is embarrassing.
This is not a joke, it is a fact.
Wang Cong still has a very clear understanding of himself.
It is undoubtedly most appropriate to leave professional matters to professionals.
The more important question is.
Wang Cong knows that he cannot do everything himself.
As a boss, if you have to negotiate any project yourself, you will be really busy, so you just let the people below take responsibility.
However, he did not ignore it completely, but listened to reports every day.
This is what Wang Jianlin taught him.
Since Lao Wang heard that Weibo was going to conduct a second round of financing and the target was US$3 billion, he took time to talk to his son on the phone almost every day.
After all, even Lao Wang himself never expected that he only gave his son 500 million yuan to start a business, but he would actually create such a big business.
If Weibo's second round of financing is valued at US$3 billion, doesn't it mean that this company really has hope to have a market value of over US$10 billion?
An Internet company worth tens of billions of yuan was created by his own son.
Just thinking about it made Wang Jianlin a little shocked.
And what shocked him even more.
Half a month later.
Weibo officially announced that the financing was successful!
Sixteen fund companies including Morgan Stanley and Credit Suisse jointly invested in Weibo and valued Weibo at US$3 billion.
As soon as the news came out.
The entire domestic Internet was shaken at once.
No one thought that such a thing would happen, and they were all curious about what kind of magic this company called Weibo had.
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