Chapter 1055

Lawrence's humor greatly enlivened the scene atmosphere. However, when entering the reporter's questioning phase, his previous humor did not win the attention of the media reporters. All the media reporters focused on Li Mu, who had too many questions to ask Li Mu sitting beside Lawrence.

When countless media reporters raised their hands, Li Mu said with a smile, "I'm sorry, everyone. I'm from China, so I'd better take care of the Chinese media first. The first opportunity to ask questions is from CCTV reporters."

The microphone gave a CCTV female reporter in her twenties. Although she was determined that Li Mu would give CCTV a chance to ask questions, she did not expect that Li Mu would be so magnanimous and give herself the first chance to ask questions directly.

The female reporter stood up and asked Li Mu, "Mr. Li, there are many professional comments on finance and the Internet. They all agree that you choose American capital to talk about the c-round financing of Muye technology. The ultimate goal is for the enterprise to be listed in the United States. I want to ask you if Muye technology really tends to be listed in the United States in your plan?"

When Li Mu heard this question, he smiled and said frankly, "yes, I do tend to make Makino technology available in the United States in the future."

The female reporter asked, "can you tell me why you did this?"

"As the most developed market in the Internet industry, the understanding, tolerance and recognition of American society and capital to the Internet are far higher than that of other countries. The Internet industry is different from the real industry. Most of the assets of Internet enterprises are intangible assets. The specific evaluation of intangible assets needs the market environment as the basis. If you want to make the animal husbandry The market of wild science and technology is worth to be recognized to the greatest extent, so it is necessary to choose the most mature market for listing, otherwise there must be a phenomenon of serious underestimation, which has a great impact on the development of enterprises. "

Li Mu doesn't know why CCTV reporters asked him whether he would decide to go public in the United States in the future. However, the ambition of Muye technology's going public in the United States is very obvious now. Otherwise, he could not go to the United States for financing. At the same time, he is so much more active in the United States.

The reason for not considering listing in China is not that Li Mu is unpatriotic, but that at present, Muye technology is not suitable for listing in China.

First of all, domestic A-share has a very strict threshold, and it is not suitable for today's Internet enterprises, especially the profitability index;

A-share requires listed enterprises to make continuous profits in a certain period of time, but most of the Internet enterprises are burning money. Although Muye technology can barely rely on YY and Tiantang town for self-sufficiency, this is just the immediate situation Once the financing is successful, burning money will start immediately. At that time, the book negative profit of Muye technology will frighten people to death. It is a normal phenomenon that the book negative profit of one year is several hundred million dollars or even more than one billion dollars, which is fundamentally not in line with the requirements of a share;

secondly, there is no Internet enterprise in a share, and the whole capital environment is insufficient for Internet enterprises Even if Muye technology can be listed in A-share market, its valuation will be far lower than expected. In that way, it will break both legs.

After CCTV reporters finished asking questions, Li Mu was the second to choose CNN reporters from the United States.

CNN's reporter is a middle-aged man in a suit and suit. He asked Li Mu, "Mr. Li, the current development speed of Muye technology has shocked the entire Internet industry in the United States, and has directly become a direct competitor with Microsoft MSN. What I want to ask is, in your eyes, which Internet companies in the United States are likely to become powerful competitors of Muye technology?"

"There is no doubt that there are many great Internet companies in the United States. Google, Microsoft, Oracle and so on are all examples for Makino technology to learn from, but in my opinion, I hope that all the large Internet companies in the United States can become the competitors of Makino technology," Li mused for a moment

As soon as Li Mu's words came out, many reporters expressed surprise. Li Mu's words clearly mean that he hopes to become a competitor with all the large Internet companies in the United States. The subtext is that Muye Technology Association will take the initiative to attack all the competitors' fields.

The reporter asked, "Mr. Li, can I understand that Muye technology is not satisfied with the current development direction, and will develop in more fields in the future?"

Li Mu nodded: "personally, I will not confine Muye technology in the field of instant messaging software. I also hope to have the opportunity to make Muye technology develop horizontally and open the front. Once the front is opened, there will be more opponents."

Then, a reporter from the Wall Street Journal asked Li Mu, "Mr. Li, as far as we know, the valuation of Makino technology in the VC industry has exceeded 20 billion dollars. Are you satisfied with the valuation of 20 billion dollars?"

Li Mu laughs. Although he doesn't know what mentality the reporter of the Wall Street Journal asks this question, he still answers: "I must answer this question honestly. First of all, are I satisfied with the valuation of 20 billion dollars? I can tell you clearly that this price will be raised in a certain stage, which is definitely satisfactory to me, but that stage is not now Secondly, I think the thinking speed of most VCs can't keep up with the development speed of Makino technology. In this case, if we want to achieve cooperation, they must come to catch up with our speed, because the development of Makino technology won't stop because of them. If they can't keep up with it all the time, there's no real sense in their valuation of Makino technology. "Li Mu's words have clearly understood that the 20 billion dollar valuation is not attractive to the current technology. If the capital wants to invest in the technology, it must open a price that can really catch up with the development speed of the technology.

Not long ago, when Li Mu started to talk for us $17 billion, the media had been surprised by Li Mu's overconfidence. At that time, many media writers criticized him and thought that his offer could not be recognized by any venture capital firm. However, after such a short period of time, because of the continuous success of Li Mu's multiple strategies, the venture capital took the initiative to give the technology to Muye The valuation of Li Mu has exceeded 20 billion US dollars. Now, Li Mu has taken the initiative completely, and 20 billion is out of his sight. This time, no media dare to sneer at Li Mu as before.

A reporter from the New York Times asked, "Mr. Li, it took you less than two years to build an Internet empire valued at more than 20 billion US dollars, which is a fantastic success all over the world. What do you think has contributed to your success and the success of Makino technology?"

Li Mu said, "there is an old saying in China that" the weather is favorable to the land and the people ", which roughly means that in order to win a war, we need to have excellent climate conditions, favorable geographical environment and stable military heart. Climate conditions can be understood as opportunities, geographical environment can be understood as environment, military heart can be understood as the inner direction of team members, and Muye technology just happens to be That's all three. "

The questions and answers of the first few questions are relatively harmonious as a whole, and Li Mu's answers also satisfy the questioners. Next, Li Mu actively hopes to select several media in the Internet industry to ask questions.

The first one was Yahoo, but what Li Mu didn't expect was that the issue of Yahoo reporters was full of gunpowder.

"Mr. Li, as everyone knows, although the Internet industry has developed very fast, but it is very serious and the rate of updating is also very fast. As an instant messaging software, YY is very popular in the US market. So how long do you think YY will be popular with customers? Or, what time do you think the YY bubble will burst?

Li Mu didn't expect that the first peer's question would be so unfriendly.

However, it also conforms to Guo Degang's classic saying that only peers are enemies.

What's more, Yahoo's market value has climbed to the scale of 100 billion dollars in 2000. At present, it is the No. 1 enterprise in the Internet industry. Some people of Yahoo can understand its arrogance.

So, Li Mu looked at the white Yahoo reporter with a provocative face, smiled and said: "although you are a reporter of Yahoo, I'm not sure how much you know about the Internet industry. So, in my eyes, YY is a just needed product and has a high degree of irreplaceable. In contrast, as a portal website and free email service, ya The tiger itself is not just demand product, and it can be replaced by too high. I am confident that YY will continue to develop in the next ten years, but if YAHOO does not transform as soon as possible, I am afraid that in the next few years, it will start to decline. If you want to see a good play of bubble break, or wait to see YAHOO is more realistic.

Among the Internet enterprises in the United States, the most interesting one is Yahoo. In Li Mu's eyes, Yahoo made mistakes all the time except for finding the right development direction at the beginning of the Internet.

Missed the opportunity to buy Google at a low price, but when I wanted to buy it, I found that I couldn't afford it;

I could have bought Facebook for one billion dollars, but I had no business ethics at the critical moment, and I wanted to further reduce the price to 850 million dollars, but Mark Zuckerberg refused. When I made an offer of more than 1 billion dollars, Facebook was no longer a bird at all ;

by 2008, Yahoo has been defeated for many years in a row. In order to fight against Google, Microsoft offered it a $50 billion offer, which was rejected by the proud Yahoo;

by 2016, Yahoo finally found the seller and was accepted by Verizon, an American communication giant, at a price of $4.8 billion

In Li Mu's eyes, Yahoo has been trying not to be enterprising since 2000, and it has not forgotten to pretend to force while eating the original and going downhill. The most ridiculous thing is that Yahoo has not made any remarkable achievements in the booming Internet and mobile Internet over the years, which is really funny.

Now, the funny Yahoo reporter even looks down on Makino technology, which makes Li Mu unhappy, so he doesn't care about the multimedia, let alone whether Yahoo is the first in the industry, and directly open his grudge in public.

reporter did not expect Li Mu to be so straightforward, and subconsciously asked: "YAHOO's market value is at least six or seven times that of Makino technology. What makes you think YAHOO's bubble will burst, not Makino technology?"

Li Mu said with a smile, "it's impossible for Yahoo today to affect Makino technology. On the contrary, Makino technology can affect Yahoo in many ways."

The reporter was also young and vigorous, choked by Li Mu. The pride and arrogance of the company as a Yahoo employee were inspired. He said excitedly, "how does Muye technology affect Yahoo?"? Give me an example. "Li Mu smiled and said: "I didn't plan to promote YY mailbox in the United States, and I didn't want to launch YY English Portal immediately. But since you have objections to Muye technology, I might as well show you whether YY can affect Yahu or Yahoo can affect YY."