On April 3rd, Far away officially sent out invitations.
Just like last year, Weibo's Series C financing will be held in the form of a cocktail party to invite investors.
After the Series B financing, Weibo is valued at 3.12 billion USD.
The total amount of Series B financing is 600 million USD, or 4 billion RMB.
This money, in order to open up the global market, was burned clean by Fang Yuan in four months!
Of course, the effect is immediate.
Even if Weibo was really useless, it would still have some effect if he burned nearly 1 billion RMB every month.
Furthermore, Weibo is not doing badly. If it is not doing well, the investors will not let Far away burn their money.
The outside world does not know the details of this financing.
Some investment banks got the details. Weibo will increase its capital by 40 million shares, and the plan is to raise 1 billion USD. Each share is priced at 25 USD.
After the increase of 40 million shares, Weibo will be worth 300 million shares, and Weibo is valued at 7.5 billion USD.
That means Far away's valuation of Weibo is about 6.5 billion USD before this.
The investment banks scoffed at Dong Xuebing.
Li Dong, this bastard, was getting more and more daring.
Weibo had raised funds in November last year, and it is only April this year. It has only been five months.
Feng Yu dares to double Weibo's value in just five months? Does he think their money is worthless?
But when the investment banks saw Weibo's latest statistics, they are in a dilemma. Can they really cut down Li Dong this time?
As of April 1st, Weibo has 430 million registered users, 180 million monthly unique users, and more than 100 million daily active users. Weibo has covered 105 countries and regions.
As for the revenue, Weibo's revenue reached 50 million USD in the first quarter of 2009!
Of course, Weibo is not profitable yet.
Based on the average growth rate, Weibo's revenue will exceed 250 million USD in 2009.
It is rare for Weibo to reach this figure in 2009.
Using Sina Weibo in Feng Yu's previous life as an example. Before Sina IPO, its revenue was only 180 million USD, and that is 13 years of results. Their losses are much worse than Far away.
Sina had also failed in the global market, and all their figures cannot be compared to Weibo.
So far away, Weibo can achieve such results. It is a completely different concept from Sina in Feng Yu's previous life.
Currently, Weibo still has a lot of room to grow, and the market is not saturated yet. This is different from Sina's previous life.
At the very least, at the moment, be it Facebook or Twitter, none of them could compare to Distance's Weibo in terms of influence or data.
Based on these data, Li Dong estimated a valuation of 6.5 billion USD before the final round of financing. It was really hard to say if he could achieve his goal in the end.
If you don't accept it, someone else might.
The last round of financing would be followed by the listing. As long as there were no major problems before the IPO, Weibo would definitely make money.
Moreover, as Li Dong's fame grew, his Weibo's fame also grew.
Around the world, he was synonymous with gold digger. Many investment banks were speculating whether Weibo could reach 10 billion USD after it was listed.
As long as they could reach a market value of 10 billion USD, even if they diluted some of their shares, they would still be able to get a valuation of 7.5 billion USD after financing.
Ten billion USD …
This threshold made some people hesitate.
If Weibo could not reach a market value of 10 billion USD, and their shares were diluted after it was listed, it would be an awkward situation, and they might suffer losses.
Of course, it was up to each company to judge whether they could reach that goal or not.
As for Li Dong's 100 billion USD and trillion USD, they did not take it seriously. If they really believed it, they might be fooled to death.
… …
The financing reception was set for April 6th.
At the same time, Ali also announced that Taobao would hold a financing reception in Lin 'an on the 8th.
Taobao's financing was not the first C2C platform in China.
Ebay had done financing a few years ago.
But the market at that time was completely different from now, and the environment was completely different.
These few years, Taobao was the first C2C platform to choose financing.
Although Li Dong's attack was obvious, Taobao was the king of C2C, and no one could deny this.
Even if the Wan Jia Net went online, the gap between it and Taobao was still like heaven and earth.
The outside world was interested in how much Taobao was valued and how much it was financed, but Li Dong was actually more interested.
… …
Pingchuan.
Li Dong held the phone and shouted, "Don't hang up, I'll just ask you a few questions. If you hang up again, believe it or not, I'll go to your house and make trouble for you!"
He had had enough of Ma Yun. That bastard, he had hung up on him three times in a row!
Every time he spoke, the other party would hang up. This made Li Dong so angry that he almost vomited blood!
Ma Yun said angrily, "I'm really busy. If you have something to say, just say it or text me. I don't have time to talk to you!"
Li Dong said angrily, "Do I have time to text you? Cut the crap, I'm talking about serious matters, don't talk nonsense. Let me ask you, how much does Taobao intend to raise this time? How much is it valued? It's not a secret, so why are you hiding it? "
Ma Yun said warily, "Why are you asking about this? Are you going to cause trouble for me? "
"I'm free, I'm just asking about the market.
My Far Away Mall seems to have lost money the last time. Including the Wan Jia Net, it was only 50 billion RMB.
You, a Taobao, and a C2C at that, are about to be finished.
My B2C performance is about to surpass yours. If your valuation is 20 billion, I should be at least 10 times more than you.
So I'm asking around, in case I don't know how much I've lost.
That Little Ma fellow was still very reluctant the last time. If any of you are willing to raise funds, then I'll kick him out of the game and let him complain! "
Ma Yun put on a fake smile and said, "Wait until I'm really finished before you say that. Also, wasn't it Brother Ma in the past? Now, it's Little Ma. He's rich and overbearing. It's different. "
Li Dong laughed and said, "What's the point of caring about this? It's the same for Old Ma and Little Ma.
Don't talk about this. Tell me, how much do you plan to raise?
I have to remind you that the amount is too little, and it's not enough to burn.
When I go online at Wan Jia Net in May, I plan to spend at least 10 billion on this.
If you can't keep up, you'll be in trouble.
But 10 billion, to put it bluntly, you won't be able to raise that much money no matter how much you brag. "
Ma Yun smiled and said, "Why do you have such a misconception?
Our B2B business is worth more than 10 billion USD even when the market is so sluggish.
Do you think our C2C and Tmall businesses are not as good as our B2B business?
If you make a loss, that's your problem. You can't blame others for your stupidity.
This time, I don't intend to raise 10 billion, but I plan to raise 1 billion USD. I think it should be enough.
As for the valuation after the financing, you can wait for the news. "
When he said this, Li Dong was annoyed and said, "You can only raise 25% of the shares after the financing. That means Taobao's valuation is at least 3 billion USD. No, I guess it should be around 20%. That means it's more than 4 billion USD, and after the financing, it will reach 5 billion USD! Damn, you Taobao, you dare to say 5 billion USD?! If that's the case, then my Far Away Mall will be worth at least 5 times! Without 25 billion USD, I will suffer a huge loss! How much is 25 billion USD? You can calculate for me … "
"Haha, 250 USD. What's there to calculate?"
Ma Yun couldn't be bothered with him and hung up the phone.
But what Li Dong said was not a lie. He did plan to value Taobao at 5 billion USD after the financing.
Of course, it still depends on whether the investment banks agree or not.
As for what Li Dong said about his Far Away Mall's losses, if Taobao's financing goes smoothly, then he will indeed suffer a loss.
B2C business is actually more valuable than C2C business. This is undeniable.
The source of profit for both is different, and the difference is huge.
But it also depends on the influence. Taobao's influence is not limited to Hua Xia. In terms of overall influence, it is bigger than Far Away Mall.
That's why what Li Dong said about 10 times or 5 times is not true.
But there is still a difference of two or three times.
In other words, in Ma Yun's eyes, Far Away Mall's valuation is around 12 billion USD.
But Tencent's cooperation with Far Away Mall is not only about financial transactions.
Tencent has also paid other prices. In addition to the financing last time, Tencent's 4 billion in cash was taken by Li Dong, which is also a difference.
Tencent's price isn't too low, and Li Dong didn't really suffer a loss. It's just that this guy has always been very black-hearted, and he feels that he has suffered a loss.
Leaving Ma Yun's thoughts aside, after Li Dong called Ma Yun, he quickly called Ma Huateng.
As soon as the call connected, Li Dong said in annoyance, "Ma Yun said that Taobao is valued at 10 billion USD! Xiao Ma, you're taking advantage of me! If it's 10 billion USD, I'm worth at least 50 billion USD, more than 300 billion USD! But you just added 4 billion USD and took away 30 billion USD of my profit … "
"Get lost!"
Ma Huateng was so angry that he almost vomited blood. Damn it, are you that bored?
I've never seen anyone more shameless than Li Dong!
Do you even know what 300 billion USD is?
Have you really lost your mind from the fever?
Tencent has been listed for many years, and its total market value is less than 20 billion USD.
In the end, Li Dong kept mentioning Tencent as if the whole world belonged to him. He made it sound like he owned the world. How much did he think it was worth?
Not to mention 300 billion USD, even the previous 50 billion USD was a loss for Ma Huateng.
Ma Huateng wanted to ignore this guy, but when he thought about it, he suddenly smiled and said, "Let's not talk about this. Two days ago, I looked at your WeChat. Isn't this thing too simple? Don't tell me that this is what you've always had high hopes for and vowed to defeat me on mobile devices? If that's really the case, I'll be very disappointed. Li Dong, don't brag so much in the future. Otherwise, it won't look good if you can't take back your words. "
"WeChat?"
Li Dong asked suspiciously, "What WeChat?"
Ma Huateng frowned and said, "Is there a point in pretending?"
"Don't, I'm serious. What WeChat?"
Li Dong's tone was full of doubt as he said, "I really don't know. You also know that Distance is now very large, and the Internet industry is only a small part of our group. I don't even care about the other businesses. What is this WeChat you're talking about? New businesses? Or did you say Weibo wrongly? "
It was Ma Huateng's turn to be doubtful. The appearance of WeChat did not make sense.
Far Away did not care about it at all. After three days, the number of downloads was less than 50,000.
At this rate, it would be amazing to have 500,000 users in a month.
For an ordinary company, having 500,000 users was definitely an amazing achievement.
But for Far Away, which had a large user base, a software with 500,000 users was really not a big deal.
Could it be that Far Away was just a casual product from Far Away Technology?
Ma Huateng might be doubtful, but he snorted and said, "Keep pretending. I don't believe you don't know!"
"What's wrong with me?
I, Li Dong, am an open person. Do I need to pretend with you?
Forget it. You and I are in different positions. What I see, you can't. What I don't care about might be important to you.
Just like the last time when we implemented the traffic policy. You only thought about your own software, but I thought about the entire industry and society.
That's the difference, the fundamental difference!
When you have the chance to stand in my position and stand in my position, you will understand what it means to stand high and see far.
Of course, you might not have this chance.
When I kill Old Ma, you won't be far behind.
I always say what I have to say. You all know that I'm a straightforward person.
"There will be a battle between us sooner or later. There's no need to hide it. It's meaningless.
I even said in the executive meeting with Distance that I only have two options when we go to war. If I lose, I'll sell all of my businesses to you. Anyway, it's just something I made casually back then. It doesn't matter if I lose. The key is the starting price you can offer.
If I win, there's actually nothing to be happy about.
It doesn't matter to me whether I win or lose in a single field.
Brother Ma, what I said is right, right?
I'm different from you. You're full of tricks. Is it worth it to scare yourself all the time?
I can tell from your tone that you've been watching me recently. I'm afraid I can't even sleep well. "
Li Dong laughed and said, "There's really no need. If I really wanted to make a move on you, I would definitely take drastic measures. It would be all over the news that I want to do something to you.
If you're really unwilling and worried, then you can take the initiative to make trouble for me.
"You want to make a move every day, but you're worried about this and that. You're afraid that you won't be able to explain to the shareholders and the investors. Aren't you tired?
"I really don't care much about this. In the beginning, I started PP for the convenience of shopping in the mall.
"But after all, I've invested a lot. If I'm really defeated by you, you can earn some money for me. It's very likely that I'll sell it to you directly.
"To tell you the truth, I've sold all my shares in East Star Entertainment.
"If I really wanted to make a move on this, do you think I would give up East Star Entertainment?
"Now I just feel that I'm involved in too many industries, and I'm a little powerless. But I'm still a little reluctant.
If you can really help me make up my mind, either to make it big or to give up, then I have to thank you. "
Li Dong's words made Ma Huateng frown even more.
Now, Li Dong was getting more and more serious.
He couldn't tell whether Li Dong was serious or not. In the past, he could tell a little bit. Whether he was joking or not, there was still a difference in his tone.
Now, when he heard these words, he couldn't tell whether they were true or not.
After taking a slight breath, Ma Huateng said in a deep voice, "Are you serious about what you said?"
"Of course. How about it? Think about it. You take the initiative to attack me, so I have a reason to start a war with you."
"You don't have to test me!"
Ma Huateng said faintly, "Provocation doesn't work on me. If I think the time is right, then I'll find trouble with you. If I don't think the time is right, then I'll continue to wait. Since you've made it clear, then I'll also make it clear. Hua Xia doesn't need two leading companies with completely overlapping functions, especially in the Internet field. "If there is a dispute between us, it will happen sooner or later. If you really want to give up, then it's best. If you want to package and sell your business in this area, I'm happy to accept it peacefully. The price will definitely not be low! "
"Hehe, you're thinking too much. Regardless of whether I win or lose, I still have to try. If I really win, I'll earn as much as I can. Don't you think so? If you want to take advantage of me, Li Dong, it's going to be extraordinarily difficult. "
"I knew you wouldn't give up!"
Ma Huateng had finally probed something. He said, "I'm hanging up. I'll wait for you to fight!"
"Wait for me to fight? I'm afraid you'll cry when the time comes! "
Li Dong laughed. The other party did not hang up the phone. Obviously, Ma Huateng was still waiting for him to finish speaking.
Li Dong saw that Feng Yu's attitude was better than Old Ma's and said, "Lastly, think of a way to get more of the mall's shares under your name. This way, even if Tencent is finished, you, the tycoon, will not be able to run away. I'm very loyal to you. If you're interested, you can come to Far away to work for Tencent. "
"I'll return the same to you!"
This time, Ma Huateng did not wait any longer and hung up the phone.
Li Dong shook his head while holding the phone. "I don't know since when did these seniors in the industry become so disrespectful. Every time they call me, they hang up the phone. No wonder they're going backwards. "
Shen Qian, who was taking a walk in the yard, saw his face full of emotions. She was speechless. "If you didn't provoke them, would they treat you like this?"
This guy has nothing to do every day. He has to provoke them. It would be strange if they gave him a good attitude.
"How did I provoke them?"
Li Dong felt wronged. "I didn't say anything. I even arranged an escape route for them. I'm doing them justice, right? In the end, none of them appreciated it! If I were to kill them all, these people would have to beg for food! Forget it. Let's not talk about this. Tomorrow, accompany me to visit the graves … I don't know if pregnant women can go. I have to ask my parents … "
The fourth was Qingming. Li Dong was now the leader of the Old Li family.
If he was too busy, he could not go back. It just so happened that he would be busy on the sixth. He had to go back to visit during Qingming.
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