Reborn multinational giant

"To make Spellbound a multinational e-commerce company!"

Honestly, how could Huang Xiao Zheng have never thought that he would become the president of a world-renowned multinational company like Fang Zhe after so many years of business?

Unfortunately, in order to do so, not only personal ability, but also a great deal of chance and luck are needed.

China's Internet industry is so big, and there are so many Internet companies, you can even count the world-class ones on one hand.

In the past few years, there have been a number of companies that have been able to make it to the international market.

The new project Shakespeare, which was incubated by Huizhong, is a global conquest under Huizhong's "favor.

"Mr. Huang, the socialized e-commerce game of Sparto, although effectively using the traffic and resources of our WeChat and other social platforms, but also to our WeChat has brought a lot of spam and operational problems.

The frequent sharing of links has disrupted the normal information exchange of WeChat. I am here with Manager Liu and Manager Su this time because I hope to take this opportunity to discuss with you a suitable way to deal with it, otherwise, we can only temporarily block Sparto, until a good solution is found."

Fang Qiang, WeChat's China Operations Manager, who had been silent, made Huang Xiao Zheng and the two shareholders next to him change their faces as soon as he spoke.

WeChat can only kill Sparto?

WeChat is the largest and most important mobile social platform in China and the world. If WeChat were to kill spamming and ban sharing of links and information in spamming, the socialized e-commerce game of spamming would be impossible to play.

Huang Xiao Zheng understands that no matter what, WeChat has to hold the thigh of WeChat, which is the soil for the survival of WeChat, WeChat can do without WeChat, but not without WeChat.

The relationship between the two was clarified, and Huang's resistance to Huizhong's early involvement in the investment disappeared, but sooner or later, he had to hold Huizhong's thigh, so what's the difference between investing early and late? Just give a valuation that meets your psychological expectations!

"Manager Fang, we'll talk about the cooperation later, but I just don't know, Manager Su and Manager Liu, what is the current position of our sparring?"

Huang Xiao Zheng's meaning was very straightforward, Liu Hai and Su Peng Wei looked at each other and smiled, and Su Peng Wei spoke up.

"Sparto this business model, both domestic and foreign are the first, there is no precedent to follow.

But Sparto is a combination of e-commerce + social + game, which is most heavily weighted by e-commerce genes, we count 5 points, social counts 3 points, the game counts 2 points, so Sparto's positioning, is half e-commerce company, 13 social company and 15 game company.

The valuation is also calculated according to this method."

Huang Xiaozheng and the two shareholders looked at each other and agreed with this algorithm proposed by Su Pengwei, Huang Xiaozheng now had a clearer position and understanding of the company he had founded, Sparto.

The PE (P/E ratio) of an e-commerce company is between 30-40, the PE of a social networking company can reach 50, and the PE of a game company is only about 15-20.

Combined with the data of more than 2 million registered users now, the comprehensive calculation, the current valuation of spiduo, can be given to 50 million dollars!

When Su Pengwei told the valuation, Huang Xiao Zheng and the two shareholders felt a little excited even though they had already guessed and prepared for the valuation.

In less than one month after the launch of Pinduoduo, the valuation had gone from zero to 50 million US dollars, equivalent to more than 300 million RMB, and Huang Xiao Zheng had already entered the ranks of billionaires just by counting the equity wealth of Pinduoduo.

"You three wait a moment, we'll have a discussion." Huang Xiao Zheng pretended to pull up two shareholders out of the meeting room, saying that he was discussing with them, but in fact he was going out for a breath of fresh air to relieve his nervousness and excitement, and to show his cowardice in front of Su Pengwei.

In the meeting room, Su Pengwei and his three friends looked at each other and laughed.

In the afternoon, the two sides in the meeting room, signed a preliminary investment letter of intent, Zongyin Capital and Huizhong, will invest 5 million U.S. dollars, each accounting for 10% of the shares, in the future, the follow-up financing or shareholder exit in the transfer of equity in the fight for more, Zongyin Capital and Huizhong, will have priority investment and acquisition rights.

When the person in charge of Huizhong Investment Department, Siyi Huang, reported the news of taking over Sparto to Fang Zhe, Fang Zhe, who put down the phone, asked Li Wen to open a bottle of red wine to celebrate.

"Mr. Fang, what is it that makes you so happy?" Li Wen, who accompanied Fang Zhe to drink wine in the president's office, asked with some curiosity.

I remember the last time CEO Fang let himself accompany him to drink wine in his office, or when Shakespeare's parent company, Yueliang Future was established.

"It's nothing, it's just that the investment department has won another good project, so I'll have a glass of wine, right to celebrate." Fang Zhe explained.

The investment department takes on a good project? Li Wen couldn't understand what kind of good project is worthy of celebrating with wine.

And now, Mr. Fang is celebrating with red wine! Li Wen became more and more curious about what kind of project Mr. Fang was talking about.

It will become the disruptor of China and even the world's e-commerce industry. In the journey of Chinese e-commerce enterprises to the sea, Alibaba is the frontal group army, and Guoduo will become a strange soldier in the countryside surrounding the city.

Li Wen didn't expect Fang to make such a high evaluation of this project, and at the same time, in his heart, he also kept the task and the name of Jiduo Duo firmly in his mind!

"Alibaba is a frontal army, and Guoduo is a surprise army that encircles the city from the countryside, what does Fang mean? The countryside surrounds the city, and who is the city? Amazon?"

Li Wen was surprised and at the same time, he was thinking randomly in his mind.

Fang Zhe, who had finished drinking red wine, lay down on the sofa and took a nap, while Li Wen quietly covered Fang Zhe with a blanket, packed up the finished red wine bottle and cups, and quietly retired from the room.

The company's investment in the company is based on the social soil of WeChat, which has been growing rapidly and openly.

And in the far northwest, also accepted Huizhong investment, and Fang Zhe also personally visited the door of the DJI, the new plant protection MG-1 unmanned aerial vehicle products, began in thousands of mu of cotton fields, to show their strength!