Wuliang Advertiser

Chapter 584: Valuation of 20 Billion

In any case, Wu Liang put together such a stall and built a platform for communication, even for Ma Yun and Ma Xiaoju in their previous lives.

Ma Yun actually knew Wu Liang’s purpose, just like his Xihu theory of swords, but the final winner became the young man opposite him. Ma Yun was actually quite unconvinced. Why would only pay for such a genius creative meeting? Was it raised by him?

These days, some people really make money by opening some subsidiaries!

Wu Liang also asked Ma Yun about another matter, "Cheung Kong Graduate School of Business invited you?"

Ma Yun was stunned, "No, I want to go."

Wu Liangji didn't know which year Ma Yun was in. Hearing what the other party said, he was relieved after thinking about it. In terms of qualifications, Ma Yun may not be eligible to participate now.

But once the topic was opened, even Xiong Xiaoge had the urge to participate.

Wu Liang thought of Wang Shi's stalk and teased him, "I want to break up with my girlfriend, and it would be a good choice to send her to this school."

After Wu Liang finished speaking, he laughed, only to see other people holding back their laughter, holding back their laughter very hard. He looked strange, but he heard a voice behind him, "Who broke up with?"

The smile on Wu Liang's face began to stiff, and he finally turned his neck around. Chu Ziman looked at him with a smile but a smile. Wu Liang chuckled, "I listened to what others said."

Chu Ziman chuckled, "Why don't I go there too?"

Wu Liang's face was dark, and he bluntly objected, "Is there a teacher there, is there a high level of me? Is there any long-term view from me?"

Finally, the atmosphere became more active. Teacher Zhuo sat back on the table and held up the wine glass and toasted embarrassedly, "There is something in my heart, I'm gaffe, I'm sorry."

Wu Liang smiled politely, "It doesn't matter, there is no obstacle in the world."

Bai Zheng laughed at himself carelessly, "There is no obstacle in this world. A few years ago, the old man gave me some start-up funds, but I got in for business every six months. At that time, I just wanted to hit the wall and I met my master. I originally thought it was a liar, but found out that the master's ability to watch the game is simply a must. With him in control of the fund, at least it would be more than ten times that?"

Since the topic has brought investment, Wu Liang also talked about it, "The wind is clear, do you still need investment?"

Ma Yun stared at Wu Liang vigilantly, her small eyes fluttering, and the unceremonious lion opened her mouth wide, "The valuation is 20 billion, you can vote for 1 billion."

Wu Liang was slightly silent, is such a high valuation?

In the previous life, Ma Yun used 40% of the shares in exchange for Yayan Tianchao and 1 billion meters of investment. While resolving the equity crisis, he defeated the foreign e-commerce eBay, thus achieving a great leap in development.

At present, because of Wu Liang's intervention, Sun Zhengyi's major shareholder problem has also been solved. In addition, Sozhu's built-in browser and search engine have also solved the search problem, and Taotao.com has made profits ahead of schedule.

Even according to the dividends at the end of 2003, the shareholders’ equity is more than 200 million. If such performance is really listed in Hong Kong, the market value of 20 billion will not be a problem. Moreover, the price-earnings ratio of Internet companies is high, and Ma Yun can call out 200 million Billion, not outside the box.

Then, with this one billion investment, to win 5 points of shares, this transaction is worth.

However, Wu Liang’s cognition does not represent the cognition of other people. At the very least, as one of the parties, Wu Liang’s practice of abducting his arm towards him is difficult to gain the trust of Teacher Zhuo. He was slightly silent and did not know how to give it to him. She explained that even with the money, Teacher Zhuo originally gave Wu Liang.

Teacher Zhuo seemed to see Wu Liang's hesitation, she did not hesitate to support him, "Wu Liang, sister trusts you, do it with confidence, and your opinion represents my opinion."

With her expression, Wu Liang sent a grateful smile, "The wind is clear, I agree."

"what?"

"what?"

This time, Ma Yun was not only surprised. Everyone sitting on the balcony was surprised by Wu Liang’s decision. Ma Xiaoju asked, "Ali is really worth so much?"

Wu Liang corrected his statement, "It's not Ali, it's Taotao.com."

Only Paybao has Wu Liang’s capital injection, which is equivalent to a company of Ma Yun and Wu Liang. Ma Yun invested 60% of the shares in technology, and Wu Liang’s capital invested 40%. This part is not considered Ali’s assets. In the early stages of development, Taotao.com and Paypay were basically working together. However, the salary was still paid only by Paybao. Wu Liang also arranged for Liu Nanfeng to send financial personnel to conduct regular audits.

In addition, Alibaba’s B-to-B business is the part that Ma Yun started to do, plus Taotao.com and newly established companies such as Alibaba.com are the core business of Taotao.com.

Ali’s three major profit points are Ali Ma’s bidding business, Taotao Mall’s store opening costs, and B’s profit. These three parts are Ali’s biggest profit.

As for the funds deposited only by Paybao, due to the small order of magnitude and weak profitability, coupled with bank supervision, it is difficult to make money out of tricks. Basically, it depends on Wu Liang's annual capital investment.

Therefore, Wu Liang's explanation has caused stormy waves in everyone's hearts. Why did the platform that originally thought it was just a selling platform suddenly become a sweet potato?

This is actually a process from quantitative change to qualitative change. Before the volume was small, hundreds of thousands of merchants are now stationed in Taotao Mall. With only a deposit of 50,000 to 200,000 per year, many things can be done. Others don’t know. , This does not mean that Wu Liang is not clear.

According to Taotao Mall’s external promotional video, 300,000 stores have settled in. Although the content is large, this does not prevent the real number of settled shops from rising.

As mentioned in the previous article, Taotao Mall has three major parts of profit, store deposit, annual fee, and service fee. The first two items can be refunded as long as the sales volume of the current year is not violated. However, the same is true. , The deposit of this part of the funds is extremely huge, with an average deposit of 100,000 and an annual fee of 45,000, even if 10,000 stores settle in, this is the deposit of 1.45 billion.

It is true that in the early days of Taotao Mall’s establishment, Ali gave most merchants a free annual fee for the first year, but in order to ensure the mall’s reputation, the 50,000 starting deposit can be confiscated and underpaid. Again, these are Ma Yun’s Where is his confidence, otherwise he would not dare to rashly shout out the big talk at a valuation of 20 billion.

Wu Liang didn’t intend to talk about these business models on the Internet. Ma Yun’s tone was tighter and the detailed data was not displayed to the public. Therefore, what the world sees is that Taotao.com engages in this activity all day long. I thought it was VC money that was constantly smashing, but the fact is that Taotao.com has already achieved profitability and there will be dividends at the end of 2003.

After six months of development, Wu Liang has provided a lot of thoughts and ideas, including how to use the deposited funds, etc., and have very clear opinions.

Everything is a process from quantitative change to qualitative change.

The shock of everyone continued, Ma Xiaoju glanced at Wu Liang as if asking, Wu Liang knew what his eyes meant?

Tempted!

There is no doubt that the imitation is in Fujixun's genes, and Ma Yun did it. Why can't I?

This is the same nature as the patnet that Fujisun made in the previous life.

However, Wu Liang generally pointed at Ma Xiaoju with a little warning, and wanted to make something exactly like Taotao.com, then I'm sorry, I will pass this level first, but if you want to develop a payment software, Wu Liang is nothing too much. The big opinion, anyway, the way to recharge the ball will be opened sooner or later, the recharge in the game is too troublesome.

Ma Xiaoju was jealous, and Wu Liang could understand that if Fujitsu went public, it would not be much worse than Ali.

In contrast, Bai Zheng appears to be a bit Buddhist, and the valuation is only a valuation. Compared with the tangible things such as stocks, it is still much worse. Besides, Qianbaidu, which invested in the name of Liangzheng Fund, Next year, they will go to the U.S. to go public. According to Wu Liang, the shares they hold can increase tenfold after listing.

Chu Ziman didn't care anymore, she didn't want Wu Liang shares to give her.

Compared with them, the two who are not calm are the sisters and Su Mang. This is not an order of magnitude at all. Even if you can earn, how much can you earn in the entertainment industry?

Han Hong is still Buddhism. She joined this charity fund. In fact, it is more because of Wu Liang’s actions in SARS last year. She has aroused respect. On the one hand, Wu Liang provided more than half of the 3M in the sky. Masks, on the other hand, were overwhelmed by his outstanding business talents. One hundred million worth of funds made a fortuitous transaction of two billion. You can't admire him.

The person who broke down most was Xiong Xiaopi.

He watched Wu Liang's development step by step. In two years, he was enough to grow into his own rival. The precision of his vision is amazing. Whether it is from Dapingyang Computer Network or Fujisun Ali Qianbaidu, There are all kinds of websites, and I feel a little uncomfortable when I read them. He also made up his mind to follow in Wu Liang's footsteps. He would follow in Wu Liang's investment. However, when Wu Liang invested in front of everyone, He is still a little bit worried about gains and losses.

One billion won five points of Ali's shares, ha ha, so entangled.

Everyone's thoughts about Wu Liang have a panoramic view. He also specifically asked Xiong Xiaoge, "Little Pigeon Dong and Ma Yun have opened their doors. Can you vote?"

Ma Yun immediately stated, "No, I don't have many shares."

This is actually Ma Yun’s true reaction. He was run on by Wu Liang just now. He was drooling and a little helpless in the face of one billion funds. No one would have too much money. With this part, he can give himself. The biggest threat at the moment, Yi Bei is looking for teeth everywhere.

Similarly, as he said, the shares are really running out.

Xiong Xiaoge was also extremely surprised, and even a little bit uncertain. Ma Yun didn't sell 20 billion Ma Yun. Is it really worth the price as he said?

Wu Liang didn't speak, but looked at Xiong Xiaoge quietly, waiting for him to make a final decision.

It is a pity that Xiong Xiaoge still shook his head and sighed deeply, "How do you compare with you, suddenly feel like you have become a pauper?"

As one of IDG's partners, Xiong Xiaoge owns shares in IDG and has a lot of fortune. However, compared with Wu Liang's investment strategy, his comprehensive net-casting and focused fishing effect does not seem to be very good.

In the two thousand years of the Internet bubble, he still has lingering fears and is more cautious in investing. In the face of this billion-dollar project, he finally struggled and left a living saying, "I will go back and consider it!"

Ma Yun still doesn't give him face, "No need, with this billion, there is no shortage of money for the time being."

Wu Liang laughed and said, "That's it!" He said, "10 billion is spent and 1 billion is spent, and there are 9 billion. One billion is left as start-up capital, 8 billion, what good projects do you have?"

Bai Zheng suggested on the side, "Isn't it right to follow the plan of the Liangzheng Fund?"

Wu Liang nodded, "Isn't this thinking about the concentration of funds, I want to play a large sum."

Funds prefer listed companies with high dividends. Generally speaking, on the one hand, dividends represent the cashing out of this part of shareholder’s equity. On the other hand, the performance of such companies continues to improve, such as Maotai, Vanke, There is also the upcoming PingAn Insurance.

Therefore, Wu Liang did not seek the opinions of others, and directly stated, "Then I will continue to buy, even if there are not many chips, I will slowly absorb it. In addition, in June, a company will be listed in Xiangjiang. Part of it will also be the focus of the fund, and the rest, Mr. Zhuo, after the funds are in place, I want to teach many listed companies in China a good lesson."

Wu Liang said that he was going to class, and everyone was interested. However, Wu Liang sold it off, "In fact, it's not that complicated. The barbarians are offensive. As for which company, hehe, it's not convenient to disclose it for the time being."

Ma Yun despised him, "You said it for a long time, it means you didn't say anything!"

Wu Liang explained with a smile, "When such a large amount of capital enters, the stock price will definitely skyrocket. If you buy it afterwards, it is not a rat warehouse."

Strictly speaking, is this a mouse barn?

Forget it!

Even if all the people participating in the discussion were from charity funds, Wu Liang couldn't prevent others from buying in, so Wu Liang didn't tell everyone by name.

Especially Xiong Xiaoge, this guy has a lot of free money, telling him that this thing is really not going to end, Wu Liang has to guard.

Wu Liang said it openly at this time, and others could not accuse him, especially the saying that the barbarians attacked. It was very practical, and the most terrifying thing was to leak the wind.

Prior to this, Wu Liang had also raised a placard through the Liangzheng Fund and told people such as Wang Daxin, Guo Lijuan, and Old Man Sun. However, Wu Liang did not intend to sell these stocks. Of course, there is no such thing as a rat warehouse.

There is no air-tight wall in the world, and who can have few friends who have believed in it, so, in the final analysis, it is because Wu Liang has absolute control over this fund.

Moreover, he also called the name. The company listed in Xiangjiang in June really had that thought. Wu Liang didn't worry, and he didn't say it clearly.

In addition, there are risks in the stock market, and investment needs to be cautious. This is not for nothing. If there is no real gold and silver, red alder fruit and alder fruit, even if it is Wu Feite, others may not believe his words. It's better to remain silent. In the end, I just need you to know that you have made money.

Of course, there are flexible changes, just sign a confidentiality agreement.