Lawrence's humor greatly activated the atmosphere on the scene. However, when he entered the reporter's questioning session, his previous humor did not win the attention of media reporters. All media reporters' eyes were focused on Li Mu. They had too many questions to ask Li Mu who was sitting next to Lawrence.

When countless media reporters raised their hands to signal, Li Mu smiled and said, "Sorry, I come from China, so I'd better take care of the Chinese media first. The first opportunity to ask questions will be asked by reporters from China CCTV."

The microphone gave a female CCTV reporter in her twenties. Although the other party was sure that Li Mu would definitely give CCTV a chance to ask questions, he did not expect that Li Mu would give herself the first chance to ask questions so frankly.

The female reporter stood up and asked Li Mu: "Mr. Li, there are many professional comments on finance and the Internet now. They unanimously believe that you chose American Capital to discuss Makino Technology's Series C financing. The ultimate goal is to enable the company to be listed in the United States. I would like to ask you, in your plan, does Makino Technology really tend to be listed in the United States?"

When Li Mu heard this question, he smiled slightly and said frankly: "Yes, I do tend to let Muye Technology be listed in the United States in the future."

The female reporter asked: "Can you tell me why you did this?"

Li Mu said seriously: "As the most developed market in the Internet industry, American society and capital's understanding, tolerance and recognition of the Internet are far beyond other countries. The Internet industry is different from the physical industry. Most of the assets of Internet companies are intangible assets. The specific assessment of intangible assets requires the market environment as a basis. If you want the Makino Technology market to be worthy of maximum recognition, you must choose to list in the most mature market, otherwise there will be a phenomenon of serious undervalued, which will have a great impact on the development of the company."

Li Mu didn't know why CCTV reporters asked him whether he would decide to go public in the United States in the future. However, Makino Technology's ambition to go public in the United States is now very obvious. Otherwise, he would not have been able to go to the United States to raise funds, and at the same time he was so much more important in the United States.

The reason why I do not consider listing in China is not that Li Mu is unpatriotic, but that Muye Technology is not suitable for listing in China at present.

First of all, domestic A-shares have very strict thresholds, and they are not suitable for today's Internet companies, especially profitable indicators;

A-shares require listed companies to make continuous profits within a certain period of time, but most Internet companies are burning money. Although Muye Technology can barely rely on yy and Paradise Town to be self-sufficient, this is just the current situation. Once the financing is successful, the burning of money will be started immediately. By that time, Muye Technology's negative profit on the books may be scared to death. It is normal for a year to make a book negative profit of hundreds of millions of dollars or even more than one billion dollars, and it does not meet the requirements of A-shares in fundamentally;

Secondly, there are no Internet companies in A-shares yet, and the entire capital environment lacks sufficient understanding and recognition of Internet companies. Even if Muye Technology can be listed on A-shares, its valuation will be far lower than expected. In that case, it will be like breaking one's own legs.

After the CCTV reporter's question was finished, Li Mu was the second to choose the American CNN reporter.

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

Li Mu thought for a moment and said, "There is no doubt that there are many great Internet companies in the United States, whether Google, Microsoft, Oracle, etc., who are role models for Muye Technology to learn from. However, in my opinion, I hope that all large American Internet companies can become competitors of Muye Technology."

As soon as Li Mu said this, many reporters expressed surprise. The meaning of Li Mu's words was very obvious. He hoped to become competitors with all large Internet companies in the United States. The subtext is that Makino Technology will take the initiative to launch an attack on all the opponents' fields.

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

Li Mu nodded: "For me personally, I will not imprison Makino Technology in the field of instant messaging software. I also hope to have the opportunity to develop horizontally and open the front line. Once the front line is opened, I will naturally have more opponents."

Then, a reporter from the Wall Street Journal asked Li Mu: "Mr. Li, as we understand, the valuation of Muye Technology in the venture capital industry has exceeded 20 billion US dollars. Are you satisfied with the valuation of 20 billion US dollars?"

Li Mu laughed. Although he didn't know what mentality was for the Wall Street Journal reporters asking this question, he still answered: "I must answer your question honestly. First of all, am I satisfied with the valuation of 20 billion US dollars? I can tell you clearly that this price is definitely satisfied with it at a certain stage, but that stage is not now; secondly, I think the thinking speed of most venture capital investors cannot keep up with the development speed of Muye Technology. In this case, if we want to reach a cooperation, it must be them to catch up with us, because the development of Muye Technology will not stop because of them. If they can't catch up, then they have no practical significance to the valuation of Muye Technology."

Li Mu already understood very well that the valuation of 20 billion US dollars is not attractive to the current Muye Technology. If capital wants to invest in Muye Technology, it must open a price that can truly catch up with the development speed of Muye Technology.

Not long ago, when Li Mu offered $17 billion to start the talk, the media was already surprised by Li Mu's excessive confidence. At that time, many media wrote articles criticizing him, believing that his offer was basically impossible to be recognized by any venture capitalist. However, they did not expect that after such a short time, because of the continuous success of Li Mu's multiple strategies, venture capital took the initiative to value Muye Technology by more than $20 billion. Now, Li Mu completely took the initiative, and he looked down on him by 20 billion. This time, no media dared to sarcastically sarcastically towards Li Mu like before.

A reporter from the New York Times asked: "Mr. Li, it took you less than two years to create an Internet empire with a valuation of more than 20 billion US dollars. This is an incredible and huge success around the world. So what do you think has promoted your success and the success of Makino Technology?"

Li Mu said: "There is an old saying in China that is 'the right time, place and people'. The general meaning is that if you want to win a war, you need excellent climatic conditions, favorable geographical environment and stable morale of the army. The climatic conditions can be understood as opportunities, the geographical environment can be understood as environment, and morale of the army can be understood as the inner desire of the team members. Makino Technology just has these three points."

The questions and answers of the previous questions were generally harmonious, and Li Mu's answer also satisfied the questioner. Next, Li Mu took the initiative to select several media from the Internet industry to ask questions.

The first opportunity was Yahoo, but what Li Mu didn't expect was that the Yahoo reporter's problem became full of gunpowder as soon as it came.

"Mr. Li, as we all know, although the Internet industry is developing very fast, it has a serious bubble, and the updates and iterations are also very fast. As an instant messaging software, yy is indeed very popular in the US market. So how long do you think yy's popularity with users can last? Or, do you think when will the yy bubble burst?"

Li Mu didn't expect that the first question asked by his colleague would be so unfriendly.

However, it is in line with Guo Degang's classic remarks, only peers are enemies.

What's more, in 2000, Yahoo's market value rose to a scale of 100 billion US dollars, and is currently the number one company in the Internet industry. It is understandable that Yahoo people are a bit arrogant.

So, Li Mu looked at the provocative white Yahoo reporter, smiled and said, "Although you are a Yahoo reporter, I'm not sure how much you know about the Internet industry. Let me put it this way, in my eyes, yy is a product that is urgently needed and has extremely high irreplaceability. In contrast, as a portal website and free email service, Yahoo itself is not a product that is urgently needed, and it is too substitutable. I am sure that yy will continue to develop in the next ten years, but if Yahoo does not transform as soon as possible, it may start to decline in the next few years. If you want to see the good show of the bubble bursting, it is more realistic to wait and see Yahoo."

Among the American Internet companies, Yahoo is the most interesting one, because in Li Mu's eyes, Yahoo is making mistakes at all times except finding the right development direction at the beginning of the Internet.

I missed the opportunity to acquire Google at a low price, but when I wanted to acquire it, I found that I could no longer afford it;

Originally, Faebook could be acquired for $1 billion, but at a critical moment, there was no business ethics and wanted to further reduce the price to $850 million. However, Mark Zuckerberg flatly refused. When he offered a quote of more than $1 billion with a calm face, Faebook was no longer afraid of it;

By 2008, Yahoo had lost for many years. In order to fight Google, Microsoft offered it a quotation of $50 billion, but was rejected by the proud Yahoo;

In 2016, Yahoo finally found a seller and was taken over by American communications giant verizon for US$4.8 billion...

In Li Mu's eyes, Yahoo can be said to have been unimproving since 2000, and while relying on his old capital, he still does not forget to show off while going downhill. The most ridiculous thing is that Yahoo has rarely achieved any commendable achievements in the booming Internet and mobile Internet fields over the years. This is really funny.

Now, the funny Yahoo reporters look down on Muye Technology, which makes Li Mu quite unhappy, so they don’t care about so many media, and they don’t care that Yahoo is the first in the industry and directly starts to argue in public.

The reporter didn't expect Li Mu to start arguing so directly and subconsciously asked: "Yahoo's market value is at least six or seven times that of Muye Technology. Why do you think Yahoo's bubble will burst, rather than Muye Technology?"

Li Mu smiled and said: "Just with Yahoo now, it is impossible for him to affect Muye Technology. On the contrary, Muye Technology has many aspects that can affect Yahoo."

The reporter was also young and energetic. After being choked by Li Mu, his pride and arrogance as a Yahoo employee were aroused. He said excitedly: "How does Muye Technology affect Yahoo? Please give an example."
Chapter completed!