Chapter 1630

The headquarters of Paradise online is in a building in the north of Yuquan campus of Zhejiang University near the West Lake. Paradise online accounts for half of the 12 storey business building. Because the enterprise is becoming more and more popular, Paradise online has enclosed 130 plots in the golden area of Huanglong Sports Center on the west side of Zhejiang University campus, and plans to cooperate with green city group in Zhejiang Province to build a comprehensive headquarters park.

The once famous green city is also a real estate company supported by Westeros system in China.

In the twinkling of an eye, it was June 7.

Wednesday.

Simon visited paradise online with Lin Su in the afternoon.

"In terms of content strategy, we found that the information of portal websites is too simple and decentralized after all. Therefore, since last year, we have focused on a plan to cultivate a series of subdivided professional websites, including sports, software, military, film, digital, finance, education, etc. since the implementation of the plan, we have incubated 37 projects, including average daily visitors There are 2 times more than ten million, 7 times more than one million, and the others are basically more than 100000, which is very successful on the whole. Next, our paradise portal will gradually tend to navigate the portal and introduce traffic into various subdivided content items, rather than self-produced content. "

Conference room.

Simon sat down with Lin Su, waiting for the voice of Liao Chengyu, CEO of Paradise online, and asked, "what is the ownership structure of these projects?"

Liao Chengyu said: "The investment shareholding mode is basically adopted, considering the enthusiasm of the project team. Otherwise, it is completely owned by us, which is no different from internal projects. I think it is difficult to keep white hair together. However, at present, we maintain more than 50% of the absolute majority shareholding in all projects and the exclusive content of all project websites. In this regard, even if the shareholding ratio is reduced to less than 50% in the future , because the binding agreement will not change in the short term. "

Simon was noncommittal. Lin Su thought the man around him was dissatisfied and quietly helped explain: "you said it yourself. We can't eat all the benefits."

"No," Simon shook his head. "The problem is that the content is exclusive. The traffic of Paradise online is really objective, but limiting these websites to one will certainly hinder their development." Then he looked at them respectively, and then said, "you know, at present, I hold shares in several Internet companies in China, which can be regarded as one."

More than holding shares?

Liao Chengyu said in his heart, With a placid expression, he argued with the big boss: "Mr. westero, the problem is that we are no longer a company after all, but a competitive relationship. You are from the United States. You must understand that competition can make progress. Since it is competition, we must give priority to our own interests. At present, all companies are running portal businesses, with serious homogenization. It is difficult to say that several of them can survive to the end, and we must maintain our competitiveness."

To the extent that history deviates from the present, it is difficult to say what is right and what is wrong. Or, in the future, which one is successful is right.

Success or failure is a hero.

Simon thought to himself, nodded, didn't say anything, and motioned Liao Chengyu to continue.

Liao Chengyu continued to introduce some ongoing projects of Paradise online. Finally, he put down the remote control of the projector and looked at the young tycoon sitting under the stage: "Mr. westero, the last thing, I have submitted two reports to the board of directors on the IPO of Paradise online since last year, both of which have been rejected. Can I ask why?"

This question didn't surprise Simon and didn't need to consider. He directly gave an answer: "because heaven online makes too much money."

Liao Chengyu was obviously surprised: "ah?"

Simon smiled vaguely: "I read your Chinese newspapers in recent days. There is a very interesting news that the tycoon surnamed Mou was sentenced to life imprisonment in the first instance a few days ago."

Liao Chengyu is a smart man. He understands the big boss's thinking after a little thought.

I don't want Heaven online to stand out too much.

After all, once the IPO, it means to publish the financial report. With the increasingly prosperous online game business, like Jiangnan mutual entertainment in Suzhou, the revenue of Paradise online will both exceed 1 billion this year. According to the data of the previous five months, it may even be close to 1.5 billion here. Even if the team has made a series of extensive investment, the net profit is expected to be no less than 300 million.

The profiteering level of selling white powder.

In the case of IPO, the valuation of Paradise online can reach US $1.1 billion even according to the more conservative 30 times P / E ratio. In fact, it is really listed. With the current hot level of the new technology market, it is easy to break through the 100 times P / E ratio. This is the market value of US $3.4 billion, equivalent to 30 billion yuan.

Not to mention others, Liao Chengyu's personal shareholding of 3% of Paradise online will make him a billionaire every minute.

Even in 2000, China's billionaires are not so common.

In short, both companies and individuals will become the first rafters.

Thinking this way, Liao Chengyu hesitated a little and fought for it: "Mr. westero, I think paradise online needs IPO more. I mean, IPO overseas, isn't it?"

"It's just one side," Simon shook his head again, say: "On the one hand, on the one hand, online games have always been controversial in this country in the context of China's public opinion. So you need to do all the business you just introduced to make the company look more respectable. On the other hand, NASDAQ has been overheating and it's hard to hold on for too long. Now start the IPO process, and once the listing comes to a bubble, it will come to this company. Said it would be disastrous. So I need you to wait a few more years. At that time, I believe that China's overall policy environment will be more open and the valuation of Paradise online will be more considerable. "

Big bosses say so, and Liao Chengyu can only give up his mind.

After talking about some company matters, Simon left with Lin Su when the time was about the same.

When she came downstairs, Lin Su got on a Mercedes Benz luxury car with the man. When the car started, she hesitated a little and said, "I always think, Simon, you still have some prejudice against China?"

"Huh?"

"About the online IPO of paradise," Lin Su said, explaining again: "of course I'm not for more money, but I mean, you don't need to be so cautious. We've been improving the protection of private enterprises."

Simon caught a word and said with a smile, "we?"

Lin Su reacted and felt guilty for a while. Then he raised his chest slightly: "yes, we. I'm Chinese."

The woman tried to make a reasonable appearance, but Simon didn't deliberately pick the matter that she had changed her nationality. Speaking of it, she and Chen Qing should also retain Chinese nationality. On the surface, China does not recognize dual nationality, but in fact, there are many similar situations. If the woman thinks it's prejudice, she'll just hold her hand and say, "OK, I'll apologize."