Chapter 560 Valuation
Line and kakao talk is preparing to merge, and the president of the new company will be held by South Korean entrepreneurial elite Kim Fanxiu. Such news has caused some turmoil on both sides of the Bohai Bay.
In fact, although there are few countries in China, Japan and South Korea, the three countries have a combined population size and GDP that exceed the EU and the United States. It is just because of political reasons that the free trade zone is difficult to advance.
The three East Asian countries have social stability, good economic performance, no public security issues, no racial conflicts in the United States, and no large parades are held every day. Scientific research shows that the average IQ of East Asian population is indeed the best in the world.
Another point is that the people educated by Confucian culture are indeed stable and hardworking, which is naturally the best for economic construction.
For Wen Xiaoguang, although Weituo cannot integrate all three application software, it actually covers the three markets of China, Japan and South Korea.
For Kim Fanxiu, the office will be moved from Seoul to Tokyo, and her eyes will also be spread across ASEAN countries. In this person's philosophy, mobile chat applications have never been just chatting. In fact, in South Korea, he integrates kakaotalk into a platform to sell various high-profit services, such as games and virtual items such as coupons and stickers.
This coincides with Line's current strategy.
For those investors who have already expanded their investments, they have already praised Wen Xiaoguang's actions in their hearts. For investors who are about to invest in Wen Xiaoguang, they have to add some more money or take less shares.
In any case, Weituo Technology will enter a faster growth in 2012 than expected.
Unless the integration of line and kakaotalk fails, this possibility also exists.
Therefore, Wen Xiaoguang took charge of the order and sent Li Yidan to take charge of various details.
But when he was still in the tenderness of Hokkaido's daughter-in-law township, he had not yet expected that Weituo's overseas strategy would cause domestic public opinion to explode.
In comparison, the Japanese are more depressed. The only comfort is that the new company is headquartered in Japan, providing employment opportunities for the people. Koreans think that the boss is a compatriot. Although he is a small shareholder, he is also a shareholder. Chinese people are excited and think that Wen Xiaoguang actually makes money from foreigners. It is awesome.
In addition, Lu Qin, Chen Xian'er and other investors and investment institutions called Wen Xiaoguang's mobile phones one by one. At such an important moment, you are not in Beijin? Are you planning to go to heaven?
So he wants to go back.
Although Wen Liushu was reluctant, he was willing to send him away.
She was very happy to be able to say that she was willing to marry her, but obviously 2012 was not a suitable pace for marriage. Even if the two really lived in the same room, with the current popularity of this hot founder, how many nights can he sleep at home and how many meals can he eat at home?
Having this will make you feel at ease.
But for Wen Xiaoguang, he didn't say this for comfort. He was serious because he liked it and was suitable because he was good at it, because she would definitely be an excellent virtuous supporter.
Beijin.
There is a restless atmosphere hovering over the Weituo Technology headquarters. In the past few days, the handsome guys in the company have brought them good news. The success of overseas strategies and the integration of the Japanese and Korean markets have caused Weituo's valuation to rise sharply.
The merged new company will have 30 million users, and Jin Fanxiu no longer has to worry about funding issues. This is the work of a large company.
First of all, Miss Jin Yuqiao from NHN was naturally more sure of the 100 million US dollars investment mentioned before the good news.
At the same time, the headquarters will also increase its support for Kim Fanxiu. The current penetration rate of line is only 20% of the total population of Japan and South Korea. It must be expanded as soon as possible and depart from the south, Thailand and other places.
According to online rumors, the valuation of Weituo by all parties has exceeded US$20 billion, making it the fourth largest Internet company after Bat.
In fact, in 2012, the two top giant companies were unable to compare with companies like Google and Microsoft in the United States. At that time, Bat was still Bat, both of which were 30 to 40 billion US dollars. At the time, it took advantage of the situation to get tickets for the mobile Internet in the following years.
At the moment when Wen Xiaoguang is now at, all the listed Internet companies in China are less than Google's market value - its market value was about US$180 billion, equivalent to 5 Ali and four Tengxun.
It can be seen that the achievements made by Wen Xiaoguang and his Weituo Technology are quite dazzling in China and are one of the few companies. When investors evaluate their market value, they are considering not only the mainland market, but also Japan and South Korea.
If we talk about Wen Xiaoguang's personal value, because he was rich in funds when he started his business, although he had been working hard to reduce his shares, he asked other founders to invest more money in the early stage, and also carried out a round of financing, introduced multiple shareholders, reorganized the company structure, and established a board of directors, but in the end, Wen Xiaoguang still owned 50.1% of the shares and was the absolute major shareholder.
This is the benefit of "bringing funds into the group". It avoids asking for money everywhere like a grandson. When asking for money, there is nothing to sell. You can only sell stocks like waste paper. I still remember that when I first competed with Tencent, although my colleagues supported him more, they were really willing to give less money. Wen Xiaoguang slapped the table and lost his temper to invest his personal funds into the company, and asked every shareholder to sign and accept the equity dilution, otherwise he would get out.
If it weren't like that, how could we survive under the power of Tencent's tyranny if we hadn't done it like that, and only rely on the initial few million yuan of WeChat, how could we survive under the power of Tencent? Even if we asked for funds alive, we would think that we would be asked to leave at least 30% of the shares.
Or they accept Ma Yun's olive branch and are finally assimilated into Ali's system and become a tool for e-commerce services and traffic diversion.
If we look at this valuation, Wen Xiaoguang's personal value would exceed US$10 billion, which is a bit sensational, because just on the Forbes ranking list at the end of 2012, boss Zong Qinghou only topped the list with US$10 billion.
Wen Xiaoguang was a little exaggerated.
At the first press conference after returning to China, he responded in front of the microphone.
"There is no objective standard answer to valuation. The media wrote 20 billion yuan, and the standard for obtaining this number is very rough. In fact, in real investment, there are many factors that we need to consider, which cannot be determined simply by comparing other companies or looking forward to the future."
"Also, some people think that Weituo is worth so much, and some people don't think so, so it's hard to say. As for how much I personally hold, I actually didn't care. I have to ask to find out the exact number, so I can't talk nonsense now."
Before listing, the company's shareholders' equity was not announced to the public, and the outside world was roughly speculating, because Weituo did not conduct the "bloody" action of exchanging equity for funds in the company born in 1998 and 1999. Therefore, they all believed that Wen Xiaoguang's personal shareholding should be extremely high.
This is the correct estimate, they just don't know the specific numbers.
"As for the word "richest man", it makes me even more meaningless, because no matter whether it is or not, my work and life will not change any way."
Chapter completed!