Chapter 985 (1/2)
”13 billion dollars to talk about?”
Lin Qingya was a little surprised and couldn't help asking Li Mu, ”Mr. Li, we have now completed the split. In this case, can Sequoia still give us a valuation of more than 13 billion dollars?”
Li Mu nodded and said: ”the valuation of more than 13 billion US dollars, a large part of which is corresponding to the developing YY, and a part of which is our share in PayPal. We should know that when we first took a stake in PayPal together with eBay, it was originally a big benefit promoted by three parties. When the two parties add up, the valuation of 13 billion US dollars is not much.”
”You know, if Makino technology is an American enterprise, or YY is a product of an American enterprise, then it is also today's achievement, and its valuation will be higher.”
Lin Qingya nodded: ”I believe that the valuation premium of American capital to local Internet companies is at least 20% higher than that of overseas companies.”
”What we want now is for Sequoia to give us the premium. The ideal c-round valuation of the split Muye technology is $15 billion,” Li said with a smile
The $15 billion valuation sounds frightening, but since Li Mu began to plan YY globalization, the whole valuation of Makino technology has risen at a speed of rocket in the capital market.
At the same time, PayPal's market value soared. When it was tied up with eBay and PayPal, it made the company more recognized by the capital market. This not only brought the direct growth of market value to Muye technology, but also improved its influence in the international market and added higher added value to the enterprise.
However, what really makes the market value of Muye technology soar is the popularity of YY in the overseas market.
Now, in the whole North America, Europe, Japan and South Korea, among the high-end elites, YY has become a necessary office software, with great market influence, high market recognition, and unlimited prospects.
In China's stock market, according to the daily limit of 10% of the price limit, if a stock pulls seven price limit boards, the market value of the enterprise can almost double. In China's local capital market, as long as the good news is enough, even dozens of price limit boards have been pulled, not even a few.
According to the calculation of 10% increase of each trading board on the current basis, when the trading board reaches 30 in a row, the market value is 17.44 times of the initial value, and it only takes 30 trading days, that is, six weeks to complete the 17.44 times increase of market value.
With the rapid development of YY and PayPal's shares, Muye technology has made a huge breakthrough in the overseas market. At present, the achievements of Muye technology in the world have been enough to become an international first-line Internet enterprise. Therefore, even if Muye technology has been divided into multiple companies, the value of Muye technology, which is mainly based on YY, is not calculated as if it wants to start with 13 billion dollars High, the real transaction price must be above this amount.
As long as it is a product highly recognized by the market, it can have unexpected premium space, especially in the Internet, a highly conceptual industry, the premium ratio is even higher.
The premium space of the Internet industry, in proportion, is much more terrifying than the school district housing in Yanjing.
A promising Internet company, even if it loses money every year, is likely to achieve a valuation of tens of billions of dollars, such as JD.
From 2009 to 2016, JD has been losing money, and the more it loses, it lost 100 million yuan in 2009. By 2015, it lost nearly 10 billion yuan in one year, but its market value is growing.
Jingdong can do so, not to mention Li Mu's science and technology of pastoral areas.
The ideal situation in Li Mu's mind now is that Sequoia will give the split Muye technology a valuation of more than 15 billion US dollars. With this valuation, we will get 1.5 billion US dollars from Sequoia, and then immediately start the afterburner mode. In two years, we will burn all the money, and finish the NASDAQ listing before burning up, and then the aircraft carrier will really be built and launched.
Lin Qingya was shocked by the $15 billion. After a while, she went back to her senses and asked Li Mu, ”President Li, if the round C financing is completed, we may have tens of billions of yuan of capital coming in. How can we spend such a large amount of money?”
Li Mu said with a smile, ”don't worry about no place to spend money. In the future, there will be too many links where we need to spend money. Ten billion yuan is not really enough for us.”
Said Li Mu, adding: ”the goal of Muye technology is not to become an Internet company with high market value, but to become a great Internet company. I hope that the technology we develop will change the world in the future, so to achieve this goal, we must invest a lot of money in research and development.”
”Does the R & D fund need such a large scale?” Lin said Mobile phone operating system,