Recast youth

Chapter 1535: One hundred billion in a blink of an eye

In a blink of an eye, it’s a new year again.

After Gao Xuan left, Wang Xin turned around and looked at Ye Feng and couldn't help but feel a little distracted. In the blink of an eye, it was almost three years since she returned to China, and she still remembered the scene when Ye Feng just called her.

On the phone at that time, Ye Feng's words were full of the sharpness and absolute confidence of a young man.

"What are you thinking about?"

At this time, Ye Feng's voice sounded in his ears.

Wang Xin came back to her senses, looked at Ye Feng and smiled and said: "I was thinking about what you said to me on the phone when you invited me. When you said that as long as I came back, you could sign a gambling agreement with me. , within ten years, the company's market value will not reach 1000 billion. You gave me 20% of the equity and even advertised it as YAHOO. At that time, I thought you were a little ignorant of the sky and the earth. I didn't expect that the company's valuation would reach 1000 billion so soon. "

Ye Feng remembered this incident.

His company had just been established not long ago, and he was not very familiar with running the company, so he urgently needed a mature senior manager to help him steer the company.

It just so happened that after Dean Wang's introduction, Ye Feng learned that his daughter was the vice president of YAHOO. For Ye Feng, it was as if he was dozing off and someone sent him a pillow.

YAHOO itself is a giant of Internet companies.

Wang Xin serves as the vice president of YAHOO and is very compatible with his company. Therefore, Ye Feng wanted Wang Xin to come back and help him so much that he told him on the phone that he could sign a gambling agreement. Within ten years, the company's market value would reach Less than 1000 billion, give her 20% equity.

Ye Feng's initial thoughts were very simple. He was well aware of the development progress of the Internet, and what he needed was a person at the helm who could put his ideas into practice.

So even if Wang Xin comes back and doesn't have a strong view of the overall situation, Ye Feng can still bring order to things behind his back.

But what I didn't expect was that Wang Xin's personal abilities were very strong. Within just a few years after returning, he was able to implement the work that all departments of the company needed to do in actual work.

This is very difficult.

Whether a company can achieve long-term success is often reflected in its daily management of details.

Ye Feng stood up, poured a cup of tea, and said with a smile: "How's it going? I should be reliable in what I say. In just three years, investment institutions have given us a very high valuation."

Yes, very high.

The original valuation of Lanshan Company was around US$85 billion.

However, due to the knock-on effect of the high box office of "On the Road" at the beginning of the year, Lanshan Company's valuation once again rose to a very high position, reaching US$105 billion.

According to the current exchange rate of 1:8, that is 840 billion yuan.

This is already quite close to the 1000 billion market value that Ye Feng told Wang Xin.

There is a reason why the valuation can soar so fast in less than ten days. First of all, what is the reference for the valuation of a company?Professionally speaking, there are 4 valuation methods.

1. Comparable company law.

2. Comparable transaction method.

3. Discounted cash flow.

4. Asset law.

To put it simply, use these four methods to estimate your company's future prospects and then conduct valuation. First of all, Lanshan Company's financial statements last year were gorgeous.Having created a phenomenal online game like "Zhu Xian", the cash flow is very considerable.

Then, it acquired 40% of the equity of Lanshan Weibo for [-] million.

Then, with the popularity of "The Lost Road", it caused a chain effect in many aspects. First of all, after the movie is released, it will be available on Lanshan Video, and if you want to watch it on Lanshan Video, you have to go through the third The third-party payment software "Maple Leaf Payment" can be used to pay one dollar to watch. This is not just one dollar, but an increase in the number of users.

Next, and most importantly, Lanshan Weibo has become the leading social networking site because it can be commented and forwarded, and with the topic advantages of "People on the Road" and Ye Feng himself, the number of user registrations has exceeded 2000 million people.

What is the concept?
This is equivalent to the fact that before Lanshan Company invested in Lanshan Weibo, Lanshan Weibo as a whole was not worth even [-] million. After the Spring Festival, Lanshan Weibo could not be bought by others even if it cost [-] billion.

the reason is simple.

Social is king.

Traffic is king.

Lanshan Company owns 40% of Weibo's equity. Therefore, due to various reasons, Lanshan Company's prospects have been repeatedly favored by investment banks, and it is logical that the valuation will rise.

It is precisely because of this that Wang Xin couldn't help feeling a little emotional. Although his boss was often unreliable and willful, he didn't come to the company's annual celebration party last year.

But Ye Feng's layout ability is extremely strong.

To say he is talented is an understatement.

You said that he doesn't care about the company, leaves everything to you, and doesn't tell you where he goes. If you ask him, he will say that he is in Yanjing, but he went there once and created Jingke Pictures.

Go once and create a Weibo.

It's outrageous to invest 40 million in a newly established company and only hold [-]% of the equity, right?Very willful, right?They didn't even find professional auditors to audit the other party's operating conditions.

Even if it is audited, the 40% shares are definitely not worth 1 million.

However, it happened that it looked like a joke between friends, and Weibo gained a large number of registered users in just a few months, and now it has become a popular model of social networking sites.

Many people who know how to surf the Internet will ask, what is your Weibo nickname?
Who would have thought?
No one can imagine it.

This reminded Wang Xin of another well-known Internet company in China, Penguin Company. It is said that the boss of Penguin Company began to want to sell QQ to Zhang Chaoyang for 50, but Zhang Chaoyang said: "I'm looking for you." Several college students have done better than you in less than three months!"

After QQ developed for a period of time, Ma Huateng approached the Shenzhen Telecom and Data Bureau and asked for 100 million, but the Shenzhen Telecom and Data Bureau was only willing to pay 60, so the negotiation was not completed.

However, just because it was not sold these few times, Penguin is now listed on the Hong Kong stock market with a market value of US$100 billion.

Ye Feng's 1 million yuan investment in Lanshan Weibo's 40% stake in Lanshan Weibo a year ago also has the same purpose, because Lanshan Weibo did not have any technical content at the time, and many Internet people could make it. In the eyes of many Internet people , he also learned from the American Twitter website.

But it didn't work.

Lanshan Weibo has developed now, and this is the last word.

Thinking of this, Wang Xin came back to her senses, looked at Ye Feng and said: "Now that the New Year has passed, although the company's valuation has gone up, it is still a valuation after all, and it cannot be counted. The U.S. Securities and Exchange Commission has also passed Regarding our listing application, when do you plan to go public in the United States? I am now a little curious about how high the market value of our company will be when it is listed."

(End of this chapter)