Chapter 1417

February 22nd.

After a few days of warm-up, at 7:00 p.m., face-to-face of the big guy was officially launched on the PP video, which has been known by all.

Many users who didn't download the PP video before started to download it today.

When Li Dong arrived at the company in the morning, Liu Hong came to report the good news and said, "Mr. Li, in these two days, our video downloads have increased by more than 8 million.

The total installed capacity is close to 100 million!

Your popularity is really incomparable, which is much more cost-effective than inviting stars to do publicity. "

In 2009, the number of Internet users in China was about 300 million, and the proportion of online video users was about 80%, that is to say, the total number of users was 240 million.

And the installation of PP video is as high as 100 million, which is obviously not to be underestimated.

Installation does not mean everything. It is normal to unload and install again.

For online video, the more important data is not this, but the number of people covered.

The so-called number of people covered is the number of users who visit the website independently within the time limit.

According to the monthly statistics of the number of people covered in January 2009, the total market volume exceeded 150 million.

Among them, Youku and Tudou are the current industry leaders, both of which are around 80 million. Of course, there are overlapping user coverage.

Otherwise, the total number of visitors from these two countries alone will exceed 160 million.

But far away, in the past year or so, despite the continuous promotion, several variety show fire, PP and microblog are draining, and the final monthly coverage is only 50 million, much lower than the two.

Of course, this is the statistics for January.

In fact, PP video is growing every month. According to the normal statistics in February, it is likely to break the 55 million mark.

But now, I'm afraid we don't have to wait until the end of the month, which is likely to reach 60 million.

As soon as Liu Hong said, Li Dong couldn't help laughing: "yes, keep up your efforts, kill those two families, and be the first one on the top!"

Of course, Li Dong didn't take it seriously.

Seriously, the video websites at this time are burning money, whether Youku or potato, are operating at a loss.

On the contrary, it's far away. It's really no loss.

There is this foundation in the distance, bandwidth, server, data center

These hardware, distant already had, the investment is not big, is not simply for the video website investment.

At this time, the more expensive thing is copyright fees.

In 2009, piracy was rampant, but domestic piracy was still good, and piracy of foreign products was troublesome.

Each big video website, is in the high price purchase copyright.

In particular, after the establishment of "stir Shiba" LETV, it raised the copyright price, fought a price war, and dragged several giant video websites to complain incessantly.

When it comes to LETV, the leader, Lao Jia, is a little similar to Li Dong.

This guy is suing if he doesn't agree!

In any case, he bought almost all exclusive copyrights. He immediately started to sue which website in China pirated. In the past two years, there were almost no video websites that were not prosecuted in the industry.

Of course, it's not far away.

On the one hand, the remote legal team is strong, but LETV can't do it far away.

On the one hand, it is far away from here, which has always adhered to the original version. Moreover, the people who go far away are still operating independently, investing in themselves and creating their own programs.

After the "good voice" and "where's dad going" were launched, they also led the development of variety shows in the distance, and were in a leading position.

In terms of TV dramas, Dongxing entertainment has also invested in shooting a lot of TV dramas, and all of them have made no loss.

The cost of purchasing copyright from afar is much lower than that of other websites. In addition, the cost of infrastructure construction is also much lower. Therefore, I am afraid that the video website can maintain its operation in the distance.

Other websites have been burning money all the time, and it seems that they don't know when it will be the first.

Therefore, Li Dong didn't pay too much attention to whether the video business can be the first.

Video business is just a point of industry richness, not all of them. The summit of single industry can not bring too many benefits to the distance.

When Liu Hong finished reporting the good news, Li Dong interrupted: "don't worry too much about this. After recording the interview, it's over.

As for the reaction of the outside world, we need not go into it.

Now let's talk about microblog financing. After the B round of financing, microblog continues to grow. The international version has developed rapidly, and a large number of users have been added in China.

Now registered users, plus the international version, have reached 400 million users.

Of course, this is not important. The key is that our monthly independent users have reached 170 million, which is the key!

Now, we are the largest social networking site in the world, and I think it's OK. "

Why does Li Dong dare to say that!

Because there are so many Chinese people!

Who can't let Facebook enter the domestic market and promote it without the data support of China, a superpower.In January 2009, Facebook had only 140 million monthly independent users.

Of course, people in the United States are not weak, with nearly 70 million users visiting, surpassing 58 million of its rival MySpace.

The competitiveness of remote microblogs in the United States is much weaker, only about 20 million.

The main remote data support comes from China.

Huaxia is a country with a large population and a large number of Internet users, reaching 300 million. At present, it has become the first in the world.

Of course, the statistics of various institutions are different. The data given by some institutions in the United States are still the first. However, it is a fact that the number of Internet users in China has increased greatly.

Even if it is comparable to the United States, losing the Chinese market is almost losing Facebook's global market outside the United States.

In this case, it is much easier for the number of remote microblogs to surpass each other.

Of course, according to the proportion of registered users and the proportion of active people, far away is still a loser.

However, if Li Dongfei wants to say that he is the world's No. 1 social networking site, Facebook can't argue that it is better than data, at least far away.

As for the proportion of Huaxia data exceeding 60%, this is not in Li Dong's consideration.

Li Dong said: "since we are the first in the world, we can't be lower than Facebook in round C financing..."

Liu Hong looks green. Are you serious?

Not lower than the other side?

In 2007, the value of the other party's C round financing was estimated at US $15 billion!

This is the peak period. In fact, affected by the world environment in 2008, it has not been so high. However, there are still 10 billion US dollars.

Now Li Dong has said that he is not lower than the other party. Isn't he saying that his c-round financing goal is more than $10 billion?

Is it possible!

Liu Hong reluctantly said with a smile, "Mr. Li, is it too high?

After round B financing, our valuation is only 3.12 billion US dollars.

Round C, our goal is to raise $500 million, with a total value of $5 billion. "

That is to say, before financing, the value of microblogging on the far side was $4.5 billion.

In Liu Hong's view, this is in line with the market environment, but also very high, very good valuation.

However, in less than half a year, from less than 3.2 billion US dollars to 4.5 billion US dollars, the increase has been astonishing.

Of course, in fact, such changes often occur in the Internet industry. It is not one of them that has increased by more than one billion US dollars in half a year.

However, we can't double and double again.

According to Li Dong, this financing can not go on.

$10 billion!

Whether before or after financing, it is impossible.

Of course, if Li Dong doesn't mind that his shares are all diluted and diluted by more than half, he still has a little hope.

Can Li Dong agree?

According to Liu Hong's understanding of him, this financing, Li Dong should not let his equity be diluted too low.

That is to say, the scale of financing is not too large.

Even if the micro blog wants to reach Li Dong's expectation, it should reach the value of 9 billion US dollars at least before financing.

It's true that Facebook is like this, but the other side is the global market. If China is excluded, the scale of the global market far away is only half of that of the other party.

Half of the gap, sometimes even more than half of the devaluation.

Of course, the Chinese market is also a very important part. There is no reason to eliminate it. Generally speaking, it is possible to achieve more than 50% of the value of Facebook in remote microblogs.

It is almost impossible to equate.

Hearing this, Li Dong raised his eyebrows and said, "is the financing over 5 billion dollars? Are you kidding me

After that, Li Dong said: "this financing is our last round of financing. After that, we will choose to go public, which is almost a money picking business.

At this time, don't refer to round B.

And these days, our market share has been rising, especially in the Chinese market, which is called real monopoly.

The world's largest social networking site, it's not boastful, the fact is.

Well, I admit that I can't compare with each other in the United States, or even the top three, but the old Americans are so valuable?

I don't ask too much. It's OK to estimate more than 6 billion US dollars before financing.

This time, we will raise 1 billion US dollars and 7 billion US dollars after financing.

At present, the proportion of my shares is 40%. After dilution, it reaches more than 34%. After going public, some shares will be diluted to maintain above 30%. This is just right.

You told me that only $5 billion was raised after financing, so we really think our things are not worth money? "

Liu Hongxin is tired. It is estimated to be 6 billion US dollars before financing. I can't do this.What's more, microblogging is now valued at $4.5 billion, not by a remote company, but by many organizations.

Are those investment banks stupid?

Don't they know the higher the better?

But why did they only give us $4.5 billion? That's because remote microblogs are of this value at present.

Even if Li Dongfeng is loud enough, he is the number one in the world, and he has 400 million users. He is also playing the other side in Asia. Europe and the United States are on equal footing, but that's just talking about it.

Round C financing of 500 million US dollars, after the financing of 5 billion US dollars.

Listing, because there is no social networking site listed as a reference object, can only refer to Internet companies.

In terms of P / E ratio and other data, the market value of remote microblog may reach US $10 billion, or slightly higher.

Of course, it does not rule out a sharp rise or fall.

And if according to Li Dong's view, the market value will be 15 billion US dollars.

At the previous annual meeting, everyone thought he was joking.

Now, that's what he meant!

Liu Hong, with a bitter face, said for a long time, "I'll go back and make a new plan. In addition, I have to discuss with the investment banks. Do you think this is OK?"

Li Dong micro nodded his head and said: "that's it. In fact, if it wasn't for the purpose of preparing to buy back part of the equity, I would really like to pay $10 billion.

But I also want to buy back part of it before it goes public, so the valuation can't be too high, or it won't be worthwhile to be earned. "

Liu Hong laughs bitterly. I have to thank you for taking this into consideration. Otherwise, if you want to make such a valuation, I'm afraid the financing will not be able to continue.

15 billion U.S. dollars, a serious breakthrough of 100 billion yuan.

Can a microblog really create so much value?

Of course, sometimes the Internet industry depends on whether it can blow, which is also a fact.

If you're reasonable, you can impress investors and make them think it's cost-effective, then there's no problem.

But if you can't, you can't blow the sky.

It is hard to say whether the remote microblog can impress investors.

other people's money is not blown by the strong wind. Once the bubble is broken, it is a sharp fall, and the major institutions will also consider it clearly.

Originally came to report good news, but in the end, Liu Hong was full of melancholy and left.

Of course, it's his business that he worries.

As time goes by, face to face is about to be launched.

PP video, also began to release some flowers.

……

"If the industry wants to say who is the most annoying, I will say what I know, and what I don't know will not be said.

You will. I thought I said * *, but this time it's not true! "

"If you want to say that people are not happy, it's still the * *'s"

"I almost forget that there are also * *'s * * men who give money away!"

"Would Mr. Li mind talking about your fiancee?"

"There's nothing to say. Just make do with it."

"Whether it's the Internet industry or logistics When I look back, I'm in the top ten, the top five, even the first... "

The appearance of a piece of flowers, let many people almost curse!

Asshole PP video!

Why do you cover up the names of people!

Who does Li Dong hate?

Also, who is the good fortune boy?

It seems that there is a lot of information this time.

Netizens have guessed one after another, and someone swore: "I bet that Ma Yun is definitely what Li Dong hates the most."

"I bet 10000 No. Xu Shengzhe of Longhua is almost the same."

"I guess the good fortune boy is Xu Shengzhe."

"Do you know anything else? Will you shoot this time

"Bullshit, don't you shoot, or are you a gun? I'm extremely suspicious that what is released now is actually Pediatrics, and the real cattle are still behind. "

"It makes sense. It's interesting to have an interview with brother Pao."

“……”

Many people began to sit and wait for the program to begin.

……

At the same time, Li Yanhong, who was far away in the capital city, saw the flowers and murmured: "this bastard, it won't be me, will it?"

He vaguely remembered that he had been called so by Li Dong before.

Of course, Li Yanhong also said so, without scolding himself.

As for whom Li Dong wanted to bombard, he felt that it was not himself.

Ma Yun and Ma Huateng are both possible, as are several giants in the physical retail industry.

Anyway, no matter who it is, it's better to watch the play with the bench.

Li Yanhong is a little lucky that he doesn't overlap with Li Dong's business very much. Otherwise, who can stand this big mouth and keep talking all day long.Li Yanhong felt that it was not herself, and many people felt the same way.

Zhang Jindong, including Suning's Zhang Jindong, didn't expect that Li Dong would talk about him. At this time, he was still waiting to have fun.

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