Chapter 216 (2/2)
Qin Kuan sat down opposite to Xu Jiaming, took out a document from his bag, handed it to Xu Jiaming, and said, ”these are related materials of Muye technology.”
Xu Jiaming nodded, took over the information and looked at it. Then he suddenly realized: ”Oh, the post bar was originally made by Muye technology.”
”It's not just a post bar, but also an easy to listen website. This website is now the first MP3 trial download website in China. By the way, it's said that the post bar will soon surpass all chat rooms and forums and become the largest Chinese community in the world,” Qin said
Xu Jiaming's eyes flashed and asked, ”how fast is it?”
”Very quickly,” Qin said with a smile, ”even if Muye now announces that the post bar has become the largest Chinese community in the world, no one will come out to argue.”
Xu Jiaming exclaimed: ”so, the valuation should be more than 50 million.”
”Yes.” ”50 million is the price one or two months ago, and now it's estimated to be at least two to three billion yuan. This is the fair value given by the bullies in the industry. One of them said that if the post bar can find a new profit model, there will be a premium in the value.”
Xu Jiaming is surprised to ask: ”paste bar so fierce, do not have advertisement income?”
Qin Kuan smiled: ”this is a strange place. There is no advertisement from the easy to hear website to the post bar. The two websites are very pure. It may be that people in Muye don't care about the advertising revenue.”
Xu Jiaming asked, ”is there any prospect of investing in Muye technology now?”
Qin Kuan said awkwardly, ”brother Ming, it's not a question of whether he has a prospect to invest, but a question of people's refusal to let him invest. When Muye technology was not established, several big companies wanted to invest in it, and even wanted to buy it. They gave more than one offer, but they only wanted Baidu's money, and only gave 10% of Baidu's shares.”
Recently, Xu Jiaming also has some understanding of the Internet. When it comes to the form of post bar, and then to Baidu's business status, Xu Jiaming knows that.
”It seems that the main reason why Muye technology wants Baidu's money is that it values Baidu's resources.”
Qin Kuan nodded and said, ”brother Ming, you are right. People in the industry say that Muye is smart. Since the establishment of the easy to listen network, Li Mu has calculated every step very carefully. Up to now, every step of his chess has been very good, especially the financing. Baidu only accounts for 10%, but it has contributed a considerable part of users and traffic to the post bar.”
With that said, Qin Kuan revealed A message to Xu Jiaming: ”now everyone is counting how long the money of round a of Makino can be burned. It's said that they are now expanding their technical team vigorously, and have started to promote everywhere. According to this speed, round B will be melted in one or two months.”
”How many are interested?” Xu Jiaming asked
Qin Kuan said with a smile, ”one of Yahoo's friends said that the Internet industry can count now, and is basically interested in Muye technology.”
Xu Jiaming suddenly fell into silence.
He made a mental calculation. Two months ago, baidu invested in Muye technology, with 5 million shares accounting for 10%. Now, the value of Muye technology is at least 300 million. If Baidu withdraws now, the five million universal will become 30 million, which is equivalent to a sixfold increase. This profit rate is almost unprecedented.
If we wait for a year, how much can the valuation of Makino technology reach? It's hard to say that every two months we can double the initial valuation of 50 million yuan, but it shouldn't be a problem to double the initial valuation of 300 million yuan a year? That would be a billion.
Xu Jiaming felt a sudden impulse to buy a ticket to get on the train at once, and immediately took out his mobile phone and called Li Mu. (to be continued. )