Chapter 991 The Value of the Platform Cannot Be Underestimated
After getting angry with Wang Donglai, Xue Jiaqian tossed and turned in her pajamas but couldn't sleep.
After all, her husband made a mistake and was scolded by the boss. As the boss's capable subordinate, she also had no face.
When he saw that he was alone in the large bedroom, Wang Donglai didn't even enter the room.
At that moment, my heart softened, so I got up and got out of bed and came to the living room.
Looking around, Wang Donglai was wearing an apron and cooking noodles in the kitchen.
Xue Jiaqian walked over quietly, hugged her lover's waist from behind, and said leisurely: "You won't blame me, will you?"
"As long as you don't blame me." Although Wang Donglai couldn't bear to lose face, Xue Jiaqian had already taken the initiative to come over, so he had no complaints in his heart.
Moreover, I am afraid that I was really wrong about the valuation of Tianxing Game Company this time.
Xue Jiaqian has been with her boss all year round, so she must have a better understanding of her boss's expectations and goals for Tianxing Games Company.
So I need to ask her for advice.
After a while, Wang Donglai was holding a pot of instant noodles and sat opposite Xue Jiaqian, "Would you like some?"
Xue Jiaqian waved her hands and encouraged her to maintain a calm tone and said: "Donglai, after so many years, you are really unfamiliar with the investment business. If you have time, you should pay more attention to it."
"I know." Wang Donglai took a sip of his noodles, "Actually, as soon as you got angry just now, I knew I was wrong, and it was so wrong."
"...But isn't the boss afraid that the valuation will be too high and brokers and retail investors won't buy it, resulting in a loss of stock?"
Xue Jiaqian said rigorously: "This is a subtle issue. The valuation itself also means the management team's confidence in their company. Many major investment institutions will read this from these data and then evaluate the stock. Later evaluations will be carried out on a pro-rata basis.”
Wang Donglai understood, "This is indeed very subtle." Then he changed the subject and asked in a humble attitude of asking for advice: "Then you can analyze with me, what is missing and what is underestimated in our valuation today?"
Xue Jiaqian patiently analyzed: "The first thing you underestimate is the value and potential of the entire Battle.net platform."
"This Battle.net is currently the largest game battle platform in China, right? In terms of future expectations, it will maintain its first position and gather more and more game users in China to participate. This number Maybe hundreds of millions!”
"...Similarly, Battle.net is another major game platform after Blizzard Entertainment's Battle.net platform in the world, isn't it? In future expectations, it should undoubtedly increase its investment to at least compete with Blizzard Entertainment. Strive to be equal.”
"...In fact, in the combined markets within and outside China, Tianxing Battle.net should surpass Blizzard Battle.net!"
When Wang Donglai heard this, his eyes suddenly lit up.
He is indeed an expert!
"Jia Qian, so the valuation of Tianxing Games is at least tens of billions of US dollars, and the scale of funds raised in this IPO is at least 1.5 to 3 billion US dollars?"
Having said this, Xue Jiaqian finally breathed a sigh of relief, rubbed her temples and said, "We will study the details within your company. I'm sleepy, so I'll go to bed first."
The IPO process itself is a process of showing off one's own muscles and drawing a big pie for the market.
Like Wang Donglai, Hu Ning also got stuck on the valuation of the Qianqianjingting website.
Especially when domestic pirated music websites were popping up like weeds, she didn't know what the value of Qianqianjingting's development model, which was mainly domestic but also developed overseas, was.
In other words, she couldn't draw this pie at the moment.
Thinking has reached a dead end.
With such a mood, she attended the 96th Tsinghua Computer Department gathering after returning to China.
As fresh graduates, most of my classmates went abroad to further their studies, but a few of them stayed in China and took the lead in finding jobs.
Among them, Wang Xiaochuan went to a good place. He joined Sohu and became a project manager directly, and began to lead the team.
So at the party, everyone was in groups, each whispering about each other's current situation.
Only Wang Xiaochuan talks loudly, for fear that others will not know that he is now from Sohu.
What's even more awesome is that Ren Jie, who joined Sohu as an intern with him, spared no effort to support and sing along, which is really funny.
In contrast, Hu Ning, who is relatively low-key, is more popular with everyone.
Because everyone who knows her well knows that she is currently pursuing further studies while concurrently serving as the CEO of the Qianqianjingting website. This situation is undoubtedly relatively successful among her classmates.
As a result, there were fewer and fewer classmates around Wang Xiaochuan and more and more classmates around Hu Ning.
Until later, there was no one else around Wang Xiaochuan except Ren Jie.
The two of them shamelessly joined Hu Ning's circle. When they heard Hu Ning talk about the inside information about Qianqianjingting website's upcoming listing, Wang Xiaochuan couldn't help but said with disdain: "How many people can you estimate for your little music website?" Money? Nowadays, domestic music websites are seriously homogenized and they are everywhere!”
This is indeed the current situation, so Hu Ning originally did not intend to reveal too much.
Unable to resist other students' questioning, Hu Ning had no choice but to say casually: "My valuation of the Qianqianjingting website is US$200 million."
"What?" Everyone was stunned, "Then Hu Ning, aren't you going to become a multi-millionaire?"
Wang Xiaochuan even felt that his throat was a little dry.
After all, a mere project manager is nothing compared to a net worth of tens of millions of dollars.
However, before Hu Ning finished speaking, he frowned and said with a very embarrassed look: "But my boss still thinks that the valuation of 200 million US dollars is low. He thinks that at least 2 billion US dollars is enough." Yes, for such a big pie, I’m really afraid that I won’t be able to draw it.”
The students around him were speechless.
It turns out that she is not a multi-millionaire woman, but a billionaire woman!
Disrespect, disrespect.
Wang Xiaochuan immediately took Ren Jie and left without saying a word.
Two days later, in Office No. 1 of Tianqi Investment Xinjiekou Company, a mobilization meeting to promote the two companies was officially held.
This meeting is used to unify our thoughts.
After discussion, it was finally decided that Tianxing Game Company is valued at US$15.6 billion. This issue of 20 million shares, with a stock price of US$78, is expected to raise US$1.56 billion, which will be used to expand the company's Battle.net platform and develop subsequent new games. promotion.
The Qianqianjingting website, both domestic and overseas sites, has a joint valuation of US$2.1 billion. It is expected to issue 18 million shares at a price of US$30 per share and raise US$540 million.
It is mainly used for the promotion of domestic music copyright protection and the creation and improvement of domestic and foreign Internet online music platforms.
Including but not limited to the establishment of Internet music rankings, music activities and promotion relying on Internet media, etc.