Winners in life: starting from the street writer

Chapter 142 It's Hard to Lose
The smooth financing of Yuanmeng Literature has also made a good start for Powehi's C round of financing.

Compared with the B round of financing, Powehi only has [-] million daily active users.

Today’s Powehi has [-] million daily active users, and its valuation has naturally skyrocketed. The shareholders who entered the B round at the beginning have increased their bets one after another.

Especially Temasek, they failed to participate in the previous Byte, and this time they gave a valuation of 700 billion US dollars, and hoped to complete the sole investment.

Shen Hao has now experienced what it means to be rich and self-willed.

However, Temasek is not the only one that is optimistic about Powehi.

Well-known VCs such as General Atlantic, Primavera, and Tiger also recognized this valuation, which shattered Temasek's plan to invest alone.

In this way, the financing of the C round was extremely smooth. Everyone was talking about a business worth hundreds of millions of dollars every minute, and there was no time to waste on useless wrangling.

Good projects like Powehi are often the focus of many venture capitalists.

Byte received a valuation of US$2.5 billion from many capitals when Douyin’s daily active users reached 750 million.

At that time, Byte still had many products under its banner, but Douyin's role in valuation definitely accounted for more than [-]%.

Powehi took out 5% of the shares in this round, and raised 35 billion U.S. dollars, with a post-investment valuation of 735 billion U.S. dollars.

Including the 60 billion US dollars of Yuanmeng Literature, and the 125 billion U.S. dollars after Yuanmeng Film and Television merged several theaters one after another, it is not too far away from 1000 billion U.S. dollars.

In fact, this goal was achieved far faster than Shen Hao expected.

Previously, after the Spring Festival Gala campaign, some Mayfly Gold Clothes, which disappeared without a trace, were actually promoted offline across the country.

Scan the promotion code to get a red envelope, the payment can be deducted, and the person who promotes at the same time can get the same amount.

In a few months, all the merchants in the streets and alleys have posted promotion codes and payment codes.

Shen Hao spends all of the 3000 million US dollars per month on Mayfly Financial Services, so that he can try his best to maintain the operation of Mayfly Financial Services' local push team.

After several months of unremitting promotion and Yifubao’s consumption subsidies, Yifubao’s monthly active users have reached 4000 million, which is definitely a very high level among many third-party payment software.

Relying on the money spent on the Spring Festival Gala, the number of linked cards quickly exceeded [-] million, and the number of registered users reached [-] million.

This kind of monthly living level can only be said to be ideal, probably at the same level as UnionPay.

But as long as users are willing to subsidize users in the future, it will be a matter of time before the number of monthly active users increases.

What's more, Yifubao has a traffic pool like Powehi, which has a much better prospect than UnionPay.

Looking at the executives of Mayfly Financial Services, Xu Li is a master of technology and has rich experience in third-party payment.

Before that, he was the CEO of a third-party payment company in China.

With Xu Li here, many investors are not worried that Yifubao will go astray.

The other chief financial officer, Jing Yuan, is also extremely skilled. When Xu Li led the local push team and the offline development was impressive, he also attracted a group of investors for Mayfly Financial Services.

The long list of fund institutions beginning with Guozihao undoubtedly shows that Mayfly Financial Services will have backers in the future.

The A-round valuation is not too outrageous. The valuation of 100 billion US dollars is considered a friendly price.

After all, it is a national brand, so it is only natural to make some profits.

10 billion US dollars is a piece of cake for these state-owned funds that easily control tens of billions of dollars.

With money, the expansion of Mayfly Financial Services can also be accelerated.

Xu Li is solely responsible for offline promotion.

Jin Nan is in charge of the operation of the company.

In terms of finance, Jingyuan will take good care of it and consider whether to start the next round of financing according to the development of Mayfly Financial Services at any time.

The biggest advantage of having your own payment company is that you don't have to pay outsiders for the transaction fee.

Just like Kuaishou, the annual payment fee is almost one billion yuan. If this money is used for promotion, how many users can it get?
Especially when the e-commerce business is launched, the turnover of hundreds of billions of dollars, and the payment fee are even more amazing.

As for Boss Shen, he was so happy right now that he couldn't stop.

After Mayfly Financial Services completed financing, the system was directly upgraded twice.

"Ding, congratulations on the accumulative valuation of the company under your name reaching 500 billion US dollars. Your entrepreneur level has been raised, and now you are at the level of being the best among others. Rewards are being issued to you. Please wait patiently..."

"Ding, congratulations on the accumulative valuation of the company under your name reaching 1000 billion U.S. dollars. Your entrepreneur level has been raised and is now unparalleled in the world. Rewards are being issued to you. Please wait patiently..."

"Ding, congratulations on obtaining the entire property rights of Hangzhou Century Center!"

"Ding, congratulations on obtaining the entire property rights of the Shanghai Jingyao Qiantan!"

"Ding, congratulations on getting the top talent recruitment ticket (loyalty) x30!"

"Ding, congratulations on obtaining the entire equity of Hyatt Group!"

"Ding, congratulations on acquiring all of Ferragamo's shares!"

"Ding, congratulations on acquiring all of Zegna's shares!"

"Ding, congratulations on acquiring all of Prada's shares!"

"Ding, congratulations on increasing your startup subsidy to 500 million US dollars per day!"

What?

Hyatt Group, Ferragamo, Zegna, Prada!
System Is this the rhythm to let yourself create a luxury kingdom?

Good guy, in the past, foreign luxury brands made money from Chinese people, and the system directly reversed the output.

What's more, the system has never left any excuses when it takes action.

From this moment on, these brands were all delisted and became private enterprises held by Shen Hao himself.

Hyatt Group has a market value of 90 billion US dollars, Ferragamo has a market value of 25 billion US dollars, Zegna has a market value of 35 billion US dollars, and Prada has a market value of 150 billion US dollars.

These companies add up to just 300 billion US dollars.

But the problem is that the 300 billion dollars are for nothing.

This wave of the system simply made Shen Hao feel so excited!

"Congratulations on successfully clearing the Entrepreneur profession, please choose the profession you want to unlock next!"

Doctors, directors, singers, producers, investors...

Without even thinking about it, Shen Hao decisively chose investor as his new career.

The reason is simple. Investors sound very high.

"Are you sure you want to be an investor as your next career?"

"confirm!"

"Congratulations on your successful acquisition of a new professional status—cainiao investor!"

"Light Year Capital has been automatically established for you. The initial fundraising amount is 10 billion US dollars. The investment field is not limited, and the rate of return must not be lower than 5%."

"After the first phase of capital investment is completed, the system will give a score to the investment project, and the rate of return is in line with the expected income, and will increase the amount of funds raised for the next phase as appropriate."

Hey, a rookie investor can have the right to control a billion dollars, and the rate of return is extremely low.

As long as it reaches 5%, the goal will be completed. It is true that Shen Hao is a little surprised.

But that's fine too, if he really asked for an investment rate of more than 30%, Shen Hao himself would have a headache.

As a bonus benefit of this upgrade, the system directly designated Excelle Hotel to choose Shen Hao as its global spokesperson, and the advertising budget for shooting will be borne by the system, and the shooting time is to be determined.

As for the other brands, the system won't do it for them, and Shen Hao can give orders on his own.

If he wanted, he could be any of these brand spokespersons.

Like the Prada Group, there is not only one brand of Prada, another brand, miumiu, is also a popular luxury brand among young girls.

Not to mention the Hyatt Group, which owns many brands such as Park Hyatt, Grand Hyatt, and Andaz.

Last year, it also acquired ALG Hotel Group, which operates and manages 68 brands and owns more than 20 hotels and resorts in more than 1000 countries and regions on six continents.

There is nothing to say about Zegna. An Italian suit brand is definitely a very good brand in the field of ready-to-wear suits.

And Ferragamo, who started selling shoes, is very famous in the field of shoes.

Hotels, women's clothing, shoes, men's clothing, leather goods...

A huge luxury empire has already begun to emerge!

If there is a chance, it would be perfect to get another watch brand.

Shen Hao thought a little dissatisfied.

As everyone knows, there has been an uproar in the outside world!
Because these groups announced their delisting all of a sudden, and were acquired by a mysterious investment company from China.

Whether it is the Prada family, Ferragamo, or the Zegna family, they have previously claimed that they will never sell the brands held by the family.

But now overnight, the owners of these luxury brands have changed, which really makes countless people curious.

How divine is it that it can simultaneously spend at least 300 billion US dollars to acquire Prada, Zegna, Hyatt, Ferragamo and other luxury groups at the same time?

……

Soon, several companies jointly held a press conference to respond to outside speculation and concerns.

The location of the press conference is the Park Hyatt Hotel in Hangzhou.

All of a sudden, domestic and foreign journalists flocked to the news, eager to obtain first-hand information.

At three o'clock in the afternoon, the press conference site was crowded with people.

A family of media at home and abroad packed the meeting room with 500 people to the brim.

Just when many reporters were looking forward to it, the helmsmen of several luxury groups appeared at the press conference.

Hyatt Group President Mahlan, Ferragamo President Lem, Zegna President Gildo Zegna, and Prada President Bertelli.

The media are no strangers to these people.

It can be seen that these big names in the luxury circle are seated. Bertelli and Mahlan are sitting next to each other, but there is a space in the middle, and Lime and Gildo are sitting next to the first two.

There is no suspense, the middle position must be reserved for the mysterious buyer who acquired these luxury brands.

Many media reporters believe that the acquirer may be Arnault of lvmh Group, Musk of Tesla, or Bezos, the former richest man in the world.

Arnault himself is the owner of the luxury goods empire LVMH Group, so it is logical to acquire these brands.

As for Musk and Bezos, as the current and former richest man in the world, it is not impossible to buy these brands.

But soon, the suspense was revealed.

Surrounded by several newly recruited capable officers, Shen Hao appeared at the press conference and went straight to Bertelli and the others.

Many foreign reporters are confused, who is this?
But there were also those who had watched the squid game and instantly recognized Shen Hao, but these people were even more shocked.

Isn't this an actor?
When Shen Hao approached, Bertelli and the others got up and bowed slightly to Shen Hao to show their respect.

From the attitudes of these few people, all the reporters already knew it in their hearts.

The real buyer seems to be this one!
At least 300 billion U.S. dollars in acquisitions, and there is no bank to provide credit loans. How terrible is the financial resources?
Sure enough, Shen Hao took the main seat directly.

The host at the scene also directly announced the official start of the press conference.

As today's protagonist, Shen Hao took the lead to speak without hesitation.

"Thank you to all the media reporters, as well as fans of Hyatt, Prada, Zegna, Ferragamo and other brands for their attention.

After a period of close negotiations, our summit group acquired all these brands at a price of no less than 300 billion US dollars.

I believe this is just the beginning, and there will be more brands in the arms of Summit Group in the future.

For the operation of several brands, there will not be much change for the time being. In the future, Summit Group will increase its investment in the Chinese market and strive to become the world's largest luxury goods group! "

After Shen Hao finished speaking, the helmsmen of several other brands also spoke one after another. They all offered praises to Summit Group and looked forward to the synergistic effect after their respective brands were merged into Summit Group.

When it came to the reporter's questioning session, many reporters who were already hungry and thirsty raised their hands one after another.

Shen Hao glanced, and casually pointed to a female reporter wearing glasses.

The female reporter got up excitedly, and asked into the microphone: "Mr. Shen, when did you start planning to establish Summit Group to acquire Hyatt and other brands?"

Shen Hao replied with a smile: "This plan was launched as early as a year ago, but the initial start-up capital was too high. We also negotiated in many ways, and finally completed this merger at a price that everyone is happy with."

Another reporter asked: "Mr. Shen, after you acquire Prada and other brands, will you change the creative directors of these brands?"

Shen Hao replied: "For any luxury brand, the creative director is even more important than the CEO. I am very satisfied with the creative directors of these brands. We will not make too many changes in the short term, but in order to improve Competitiveness, we will recruit more outstanding designers to join the big family of Summit Group!"

Speaking of which, the system is also weird.

Bertelli, who has always been known for his violent temper, should not be too low-key in front of Shen Hao, and he has become a loyal and loyal employee to Shen Hao.

However, the setting of the system is only to let him be sincere to Shen Hao, not to change his character.

Bertelli's ability is not bad, but his bad personality and even the domineering behavior of intervening in the designer's design plan made many excellent designers fly away.

In recent years, Prada has gradually been left behind by brands such as Gucci and Dior.

If it weren't for the "The Devil Wears Prada", Prada might have already fallen into the top luxury gear.

When the time is right, Shen Hao will definitely replace Bertelli.

But now, we can arrange for people to share Bertelli's work and get familiar with Prada's operating mode.

When it's almost time to take over, Bertelli will be swept out of the game.

For Summit Group, there will always be only Shen Hao's voice.

For this upgrade, the system has generously rewarded 30 top talent recruitment tickets.

Take out one at random, and it is no worse than Bertelli's management ability, and it is even much stronger.

If you choose a career as a designer, it is a strategic talent at the creative director level of many top brands in the luxury circle.

With the system in place, it would be difficult for Shen Hao to lose even if he wanted to!
　After recovering in an hour, the book friends I saw had an early rest.

　　
　
(End of this chapter)