Actually I just want to act
Chapter 425 Received financing!
Chapter 425 Baidu Got Financing!
But obviously, Cai Xiongxin is not very interested in Baidu, and said: "Let's talk about Feixun. I remember that there are only five Internet companies in Meilijian with a valuation of more than 20 billion US dollars. Fang Dong's asking price is too high." .”
Fang Jiming said depressingly: "If according to their valuation of 30 million US dollars, even if [-]% of the shares are sold, the financing obtained is not enough. Why should I bother?"
Yes, because of the huge profits of Fetion, even the international version has more users than domestic ones—after all, China’s network is too poor, broadband is not popular at this time, and many Internet cafes only have a speed of 128K, plus tariffs Deadly expensive, it costs five yuan to surf the Internet for an hour.This kind of Internet speed and Internet fees have seriously restricted Internet users, resulting in a slowdown in the growth of the number of Internet users in China.
If the speed is increased and the fee is reduced, there will be at least 5000 million Internet users in China now!
And what is the profit of Feixun International Edition?
More than 2000 million US dollars a month!
Among them, 500 million U.S. dollars came from QQ games. There is no way, a series of games developed by Fetion, such as Texas Hold'em, Blackjack, and Zhajinhua, are too fraudulent, and all crooked nuts are hidden.This, plus the fact that the laws of Meilijian have not yet controlled online gambling, as a result, a lot of crooked nuts use QQ games to gamble.
Coupled with the normal recharge users, the income of 500 million US dollars is like playing.Especially after the QQ game put the QQ hall on it, the crooked nuts were also broken, and everyone played "Bomberman".Yes, that's how it's translated in English.
After all, the domestic Internet speed is incomparable with that of foreign countries!
It is precisely because of this that foreign venture capital, investment banks, private equity funds and the like favor Feixun so much.With the increasing influence of Feixun, even in Meilijian, many Internet companies have launched similar clients imitating QQ games, but the number of users of QQ games has never been reduced.Under this trend, Feixun is valued at US$[-] million, which is already very worthy of Feixun.
Yes, none of the Chinese Internet companies in the same period had a valuation exceeding US$[-] million.Besides, it is the winter of the global Internet, venture capital and investment banks have suffered heavy losses, and there is not much spare money to invest in Internet companies-the key is to be afraid, and I don’t know where there are pitfalls.
Cai Xiongxin was also depressed: "2.4 million US dollars, nearly 20 billion soft sister coins, not enough for Fang Donghua?!"
Fang Jiming said seriously: "Not enough. The international version of Feixun is said to be an international version, but foreign users need to use a VPN to log in to QQ. The real way is to set up a branch in their country, and we maintain the controlling stake. , Build the server in their country, and then hire people from their country to manage it. Only in this way can we really attract more users.”
Cai Xiongxin said: "Then come to each country, why worry?"
"That's what I said, but I can't be at a disadvantage myself?" Fang Jiming said with a smile, "So, let's discuss it in detail after IDG gives a valuation?"
Cai Xiongxin can't help it, Fang Jiming is up for grabs, especially a profitable Internet company, it's simply a piece of cake.If Cai Xiongxin didn't have a state-owned background, he really couldn't talk to Fang Jiming.
"Then Baidu is still too expensive." Suddenly, Gu Yuanyi said.
Fang Jiming said: "It's average, but Baidu's potential is not bad. I think the valuation of $500 million is quite reasonable."
Cai Xiongxin said: "We should also be more cautious about the investment of more than 3000 million soft sister coins. In this way, Zhongda Property is willing to take a stake, and is willing to take a stake in Baidu together with foreign capital. As for Feixun, let's discuss it in detail?"
Cai Xinling said with a smile: "Chaumet Group can follow suit and buy some shares."
Fang Jiming smiled and said: "Yes, I can give you 20% of the shares, and foreign capital will give them 10%." There is no way, Baidu is more short of money than Feixun.
"Zhongda Materials can't eat that much at one time, at most 5%." Cai Xiongxin said.
Gu Yuanyi and Cai Xinling looked at each other and said, "The two of us can eat up to 3%."
"Then I'll bring in ICBC Investment and CCB Investment to make up 20%." Fang Jiming said indifferently, it would be best if he could get money.Cough cough, it's not about making money, it's mainly because Baidu's research and development is a bit too aggressive, and Fang Jiming can't hold it anymore.As for the bank loan, they only loaned more than 500 million yuan, and they only gave the loan because they knew that this person had good credit and Baidu's business was not bad.Without the 500 million, Baidu would hardly be able to support research and development, and Fang Jiming needed to raise funds everywhere.
Even if ICBC Investment and CCB Investment do not give money, just to raise 8% of the shares, there will be more than 5000 million soft sister coins. Fang Jiming thinks it is enough to support Baidu Maps.As soon as Baidu Maps comes out, it will immediately enter the car map market, and then fool the big companies to engage in certification addresses. The certification does not pay much money, but it is better to save face.
Think about it, the on-board map is the latest model of vehicle, and it is placed on Baidu Maps. When you search for your own company, it will be displayed, but other companies will not. How shameful is this?After going back and forth, many companies will also engage in authentication addresses in order to show their style.In the end, it will develop into that if you don't engage in certification, you will be a liar company instead.
Look, who can I turn to for reasoning?
Besides, the map can also be used for advertising, and it can also undertake service entrances for food, accommodation, travel, shopping, entertainment, life, attractions, etc. in the future, which is quite important.
Fang Jiming always thought that Baidu in his previous life would be miserable if he didn't have a map.
"Fang Dong is really refreshing!" Cai Xiongxin said with emotion.
In fact, Baidu is really good. Among the Internet companies in China, it has a mature profit model, and its losses are nothing more than R&D losses.As long as the map is developed, it will be a unique map application in China. It can not only be used on the network side, but also connected to the car network-although few local tyrants can do it.
Gu Yuanyi smiled and said: "Xiaoye, go and remind me, why the food hasn't been served yet?"
Cai Xinling also said: "Everyone, let's have tea. They are all from Jiangsu and Zhejiang, fellow villagers."
Cai Xiongxin said: "The body is bad from drinking, so I won't drink today."
Fang Jiming smiled and said, "Then I'm quite happy, I don't like drinking very much. By the way, why are you not interested in 360?"
Cai Xiongxin hesitated for a while, and then said: "The profit model of the 360 company is good, and it is also profitable. But... To be honest, it makes everyone angry!"
Fang Jiming was stunned for a moment, then he understood.
It turns out that the free antivirus launched by 360 has not only made foreign antivirus software miserable, but also domestic antivirus software.Immediately, I have followed 360 to transform into a free anti-virus software, making money from advertising fees.But because of the lack of 360's reputation, it is also struggling.It's slow to see the opportunity, and it's basically out of cooking, because no one buys anti-virus software anymore!
You said, can such an enterprise avoid public outrage?
(End of this chapter)
But obviously, Cai Xiongxin is not very interested in Baidu, and said: "Let's talk about Feixun. I remember that there are only five Internet companies in Meilijian with a valuation of more than 20 billion US dollars. Fang Dong's asking price is too high." .”
Fang Jiming said depressingly: "If according to their valuation of 30 million US dollars, even if [-]% of the shares are sold, the financing obtained is not enough. Why should I bother?"
Yes, because of the huge profits of Fetion, even the international version has more users than domestic ones—after all, China’s network is too poor, broadband is not popular at this time, and many Internet cafes only have a speed of 128K, plus tariffs Deadly expensive, it costs five yuan to surf the Internet for an hour.This kind of Internet speed and Internet fees have seriously restricted Internet users, resulting in a slowdown in the growth of the number of Internet users in China.
If the speed is increased and the fee is reduced, there will be at least 5000 million Internet users in China now!
And what is the profit of Feixun International Edition?
More than 2000 million US dollars a month!
Among them, 500 million U.S. dollars came from QQ games. There is no way, a series of games developed by Fetion, such as Texas Hold'em, Blackjack, and Zhajinhua, are too fraudulent, and all crooked nuts are hidden.This, plus the fact that the laws of Meilijian have not yet controlled online gambling, as a result, a lot of crooked nuts use QQ games to gamble.
Coupled with the normal recharge users, the income of 500 million US dollars is like playing.Especially after the QQ game put the QQ hall on it, the crooked nuts were also broken, and everyone played "Bomberman".Yes, that's how it's translated in English.
After all, the domestic Internet speed is incomparable with that of foreign countries!
It is precisely because of this that foreign venture capital, investment banks, private equity funds and the like favor Feixun so much.With the increasing influence of Feixun, even in Meilijian, many Internet companies have launched similar clients imitating QQ games, but the number of users of QQ games has never been reduced.Under this trend, Feixun is valued at US$[-] million, which is already very worthy of Feixun.
Yes, none of the Chinese Internet companies in the same period had a valuation exceeding US$[-] million.Besides, it is the winter of the global Internet, venture capital and investment banks have suffered heavy losses, and there is not much spare money to invest in Internet companies-the key is to be afraid, and I don’t know where there are pitfalls.
Cai Xiongxin was also depressed: "2.4 million US dollars, nearly 20 billion soft sister coins, not enough for Fang Donghua?!"
Fang Jiming said seriously: "Not enough. The international version of Feixun is said to be an international version, but foreign users need to use a VPN to log in to QQ. The real way is to set up a branch in their country, and we maintain the controlling stake. , Build the server in their country, and then hire people from their country to manage it. Only in this way can we really attract more users.”
Cai Xiongxin said: "Then come to each country, why worry?"
"That's what I said, but I can't be at a disadvantage myself?" Fang Jiming said with a smile, "So, let's discuss it in detail after IDG gives a valuation?"
Cai Xiongxin can't help it, Fang Jiming is up for grabs, especially a profitable Internet company, it's simply a piece of cake.If Cai Xiongxin didn't have a state-owned background, he really couldn't talk to Fang Jiming.
"Then Baidu is still too expensive." Suddenly, Gu Yuanyi said.
Fang Jiming said: "It's average, but Baidu's potential is not bad. I think the valuation of $500 million is quite reasonable."
Cai Xiongxin said: "We should also be more cautious about the investment of more than 3000 million soft sister coins. In this way, Zhongda Property is willing to take a stake, and is willing to take a stake in Baidu together with foreign capital. As for Feixun, let's discuss it in detail?"
Cai Xinling said with a smile: "Chaumet Group can follow suit and buy some shares."
Fang Jiming smiled and said: "Yes, I can give you 20% of the shares, and foreign capital will give them 10%." There is no way, Baidu is more short of money than Feixun.
"Zhongda Materials can't eat that much at one time, at most 5%." Cai Xiongxin said.
Gu Yuanyi and Cai Xinling looked at each other and said, "The two of us can eat up to 3%."
"Then I'll bring in ICBC Investment and CCB Investment to make up 20%." Fang Jiming said indifferently, it would be best if he could get money.Cough cough, it's not about making money, it's mainly because Baidu's research and development is a bit too aggressive, and Fang Jiming can't hold it anymore.As for the bank loan, they only loaned more than 500 million yuan, and they only gave the loan because they knew that this person had good credit and Baidu's business was not bad.Without the 500 million, Baidu would hardly be able to support research and development, and Fang Jiming needed to raise funds everywhere.
Even if ICBC Investment and CCB Investment do not give money, just to raise 8% of the shares, there will be more than 5000 million soft sister coins. Fang Jiming thinks it is enough to support Baidu Maps.As soon as Baidu Maps comes out, it will immediately enter the car map market, and then fool the big companies to engage in certification addresses. The certification does not pay much money, but it is better to save face.
Think about it, the on-board map is the latest model of vehicle, and it is placed on Baidu Maps. When you search for your own company, it will be displayed, but other companies will not. How shameful is this?After going back and forth, many companies will also engage in authentication addresses in order to show their style.In the end, it will develop into that if you don't engage in certification, you will be a liar company instead.
Look, who can I turn to for reasoning?
Besides, the map can also be used for advertising, and it can also undertake service entrances for food, accommodation, travel, shopping, entertainment, life, attractions, etc. in the future, which is quite important.
Fang Jiming always thought that Baidu in his previous life would be miserable if he didn't have a map.
"Fang Dong is really refreshing!" Cai Xiongxin said with emotion.
In fact, Baidu is really good. Among the Internet companies in China, it has a mature profit model, and its losses are nothing more than R&D losses.As long as the map is developed, it will be a unique map application in China. It can not only be used on the network side, but also connected to the car network-although few local tyrants can do it.
Gu Yuanyi smiled and said: "Xiaoye, go and remind me, why the food hasn't been served yet?"
Cai Xinling also said: "Everyone, let's have tea. They are all from Jiangsu and Zhejiang, fellow villagers."
Cai Xiongxin said: "The body is bad from drinking, so I won't drink today."
Fang Jiming smiled and said, "Then I'm quite happy, I don't like drinking very much. By the way, why are you not interested in 360?"
Cai Xiongxin hesitated for a while, and then said: "The profit model of the 360 company is good, and it is also profitable. But... To be honest, it makes everyone angry!"
Fang Jiming was stunned for a moment, then he understood.
It turns out that the free antivirus launched by 360 has not only made foreign antivirus software miserable, but also domestic antivirus software.Immediately, I have followed 360 to transform into a free anti-virus software, making money from advertising fees.But because of the lack of 360's reputation, it is also struggling.It's slow to see the opportunity, and it's basically out of cooking, because no one buys anti-virus software anymore!
You said, can such an enterprise avoid public outrage?
(End of this chapter)
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