Chapter 854 (1/2)

Later, a joke spread on the Internet that an old woman went to the vegetable market to buy tomatoes and picked three. After weighing them, the stall owner said, ”one Jin and a half, three yuan and seven.”

”I'll make a soup,” said the old woman, ”not so much.” Then he took out the biggest one, and the stall owner quickly looked at the scale again: ”one jin, two liang, three yuan.”

As a result, when everyone thought that Granny was going to be trapped by a profiteer, Granny calmly took out 70 cents, picked up the biggest tomato just removed, and turned away.

Three, three, seven. After one is removed, the remaining two, three, three, seven minus three. There is no problem with the seven hairs. The stall owner can only eat his own dumb loss.

Although it's a joke, it well reflects the game between corporate financing and venture capital.

Now, the technology of pasturing is like those tomatoes, but they are big and small, green and red.

YY is definitely the biggest, reddest and best one among several tomatoes, so it must be the best to eat. The paste bar may not be big or small, green or red, but happy farm is probably the green and small one.

Although there is running water, compared with the real end game, this running water is of little significance. What VC looks at is YY's comprehensive potential in the field of instant messaging and the field of future online social networking. Therefore, in front of this big framework, ”happy farm” is really nothing.

Li Mu also guessed the value judgment of VC, so he wanted to open it first and then talk with VC. If VC didn't really like tieba and Kaixin farm, it didn't matter. The less optimistic it was, the more beneficial it would be to him. For example, Sequoia, 13 billion yuan is valued by Ueno technology. If 12 billion yuan is valued by YY, Li Mu would laugh in his dream.

Because Li Mu knows that the product scale and the future development prospect of the ecological chain of tieba can be valued at least by tens or even tens of billions. If the microblog is hatched in a few years, the valuation will start at least by tens of billions of dollars.

As for happy farm, Li Mu did not expect it to make much money, because its core task is not to make money, but to build artillery for YY's overseas development. However, in addition, happy farm has a special attribute.

No surprise, it must be the first client game of its own, that is, the first product of the future game business department. But at present, the game business department is still in a state where there is no game. If they are also involved in financing, venture capital will not give them a high valuation at all. At most, it only gives a team valuation, plus the platform bonus. However, Li Muxin However, it is clear that the client-side game business will be the top priority of Internet revenue in the future. If we talk with capital at a very low price in this basket of tomatoes, we will suffer a lot.

What Li Mu wants to do is to optimize and upgrade in grandma's way. As a seller, first make clear the price of each tomato in the eyes of the buyer, and then take out the one that the buyer can't see. Aren't you blind? I just don't want to sell it. I'll take it out. Let's talk about the rest.

Other people of Muye technology also understand Li Mu's idea. Naturally, they have no opinion on the separation and financing. However, we are more concerned about that once Muye technology is divided into two or three companies, one of them has the capital financing, how can we smoothly use the money in the overall operation of the three companies in the future?

If happy farm is split up, when YY is globalized in the future, a large part of the capital invested in Makino technology will be used to push happy farm, and the capital will be crazy.

Li Mu felt that this was not a problem at all. He said to the people calmly: ”the reason why you are worried that the capital side will oppose us to use our money in other companies that have nothing to do with them is that you treat capital as a person. The premise of capital money is that capital can not interfere with our decision-making and operation. If we can't do this, it's better We will not agree to the financing terms. ”

Said Li Mu: ”we are a mature large-scale Internet enterprise, not a start-up enterprise. Venture capitalists don't need to worry about our product model, profit space and development prospects. In this case, they rush to invest in us. The purpose is nothing more than to want our shares. After we get the shares, when we need them, he will help us; we When you don't need him, you can just shut up and keep a distance and be a silent shareholder. ”

Kong Lingyu agreed: ”I think it's the same. Even if we use VC money to push happy farm overseas in the future, the real benefit is YY. After all, once our YY opens up in the overseas market, the valuation space of YY will be unlimited.”

Ding Zhenglin asked Li Mu, ”Mr. Li, if it's split, what's your psychological evaluation of these sectors?”

Li Mu thought for a moment and said, ”YY 15 billion, tieba 5 billion, happy farm 2 billion.”