Chapter 401 Accidentally Investing in Miracles(1/2)
Speaking of which, the weather in Shanghai is finally not as gloomy as the past few days.
The afternoon sun also seemed brighter.
Sprinkle into the house through the elegant wooden retro windows.
In every beam of light, there are countless 'elves' dancing.
It is said that starting from this week, Shanghai will have continuous good weather for a period of time, especially during the opening of the World Expo, the weather will be much warmer.
Compared with the momentum of Great Southern heading straight for summer, Shencheng is still in the spring of March.
Fang Nian put his mobile phone on the tea table, focused his eyes on the 'elves' dancing in a certain beam of light, and said.
“91 Wireless’s publicity efforts this time seem to be very extensive, but the intensity is a bit unsatisfactory.” 1
Guan Qiuhe blinked and said: "It's not bad, after all, it's not you who took action personally."
"..."
According to Fang Nian's idea, every large-scale publicity should have an expected value, and blind generalization is not advisable.
For example, Fang Nian believes that this wave of publicity should at least bring the number of 91 Assistant users to a higher level.
For example, you should set a goal of 20 million users.
Users are valuations, which is very useful in the general Internet industry.
Take 91 Wireless as an example and substitute simple mathematical calculations:
The original five to six hundred users were worth only 50 to 60 million, that is, each user was worth less than 10 yuan.
Now there are 10 million users, and the value has reached nearly 700 million, that is, the value of each user is 70 yuan.
If there are 20 million users, the value of each user should be raised to a higher level. Counting 100 yuan, it would have to be a valuation of 2 billion yuan.
Based on this calculation, when the number of users reaches 50 million, the valuation should be close to 7 billion, or 1 billion US dollars.
Of course, as valuations increase, emphasis will be placed on the proportion of daily active users and so on.
Similar to this, there is another ready-made successful example. This year, the number of people online at the same time on QQ has exceeded 100 million, and the market value of Goose Factory has skyrocketed. The total market value has exceeded 40 billion US dollars.
Counting only registered users, QQ’s registered users are still far from 1 billion. Calculated at 1 billion, each user is worth 40 US dollars, which is nearly 280 yuan.
This form of financing process will be perfectly integrated into the development genes of Internet companies over time.
Therefore, this is where Fang Nian thinks this financing is unsatisfactory.
On the other hand, this is also the reason why Fang Nian is confident that he can sell 91 Wireless at a valuation of US$1 billion by the end of the year.
Because increasing the number of users and making them active is not a complicated matter for a platform software...
…………
Yabaoli was silent for a moment.
Guan Qiuhe took a sip of tea, instead of placing the teacup on the table, he started twirling it.
Fang Nian held his chin with his left hand and stared at different beams of light in a daze, his thoughts reduced a lot.
This kind of sunny and warm spring afternoon makes Fang Nian feel most comfortable.
Lazy.
It suits him well as a lazy dog.
Guan Qiuhe glanced at Fang Nian, who was holding his chin, and asked, "What should we do next?"
Fang Nian replied casually:
"Just pay attention occasionally and leave it to 91 Wireless to play. As long as you are willing to think about operations, there are many ways;
For example, taking advantage of the financing opportunity, organize an activity to give back to old users and allow old users to invite new users. The number of platform users will naturally increase rapidly;
As for making users active, it is actually relatively easy for the platform, just operate it normally."
After listening to what Fang Nian said, Guan Qiuhe frowned slightly, looked at Fang Nian, and asked, "You don't seem so anxious anymore?"
Fang Nian explained: "I did some calculations just now. When the number of 91 Assistant users exceeds 50 million, with a big hand like Liu Dejian here, the valuation will definitely be pushed to 1 billion US dollars."
“From Saturday to today, calculated as two days, there are over 2 million new users every day;
Considering that the role of marketing has weakened and new additions have gradually decreased, assuming that the number of new users increases by 200,000 per day, one-tenth of the peak period, it will only take 200 days to reach 40 million users;
As long as I can perform normally, I will naturally achieve my expected value by the end of this year."
Hearing this, Guan Qiuhe raised another key question: "Valuation is valuation, you want cash."
"So even if it can reach a valuation of US$1 billion, it is impossible for 91 Wireless to have US$400 million in cash to give you $400 million in cash to reduce all your shares and exit."
Fang Nian withdrew his gaze and looked at Guan Qiuhe: "So this is where Mr. Guan is needed."
“My first goal is that NetDragon will package and sell 91 Wireless when the time is right;
If this goal cannot be achieved, I will need a successor..."
Guan Qiuhe put down the tea cup and said suspiciously: "But the person you chose seems to be incomparable with 91 Wireless."
"I believe in his vision!" Fang Nian said with great confidence.
Seeing this, Guan Qiuhe didn't comment.
Fang Nian said a lot: "Don't worry, news about 91 Wireless will continue to dominate the Internet these days, and some people will take the initiative to pay attention to it."
"..."
…………
It is true that 91 Wireless is so popular that many interested people have paid attention to it.
Among them, Lei Zhe, who likes to follow Internet news the most.
After having tea with Guan Qiuhe, I returned to Nanlou Community when Lei Zhe called me.
"Congratulations, Mr. Fang."
Listening to Lei Zhe's laughing voice, Fang Nian couldn't help but say: "Is it true that Mr. Lei likes to surf the Internet frequently like me?"
"It's really not the case this time." Lei Zhe said with a smile.
"91 Wireless is really too eye-catching. It just advertises to attract everyone's attention, but then it raises tens of millions of dollars and goes directly to Hong Kong for listing!"
"I heard it all from other people."
Fang Nian was puzzled: "How to say?"
It turns out that after leaving Yangcheng last night, Lei Zhe quickly returned to the capital and systematically summarized the gains from his trip to Zhuhai overnight.
I have been meeting with different people from Xiaomi today. 591.com
In the end, Lei Zhe simply concluded: "...especially Mr. Fang's ideals give me an imminent feeling that Xiaomi must speed up its progress."
"It seems like it's my problem. I hope Mr. Lei will forgive me for talking too much at a young age." Fang Nian said shyly and nervously.
Lei Zhe laughed: "Hey, how can you say that? I haven't thanked Mr. Fang for being so calm with me."
"..."
Without getting too entangled in this topic, Lei Zhe directly talked about the reason.
"Today some investment bank friends, including some friends in the Internet industry, are discussing Mr. Fang and Mr. Fang's cutting-edge angels."
"According to NetDragon's public information, Frontier Angel probably only invested tens of millions, and then asked NetDragon to spin off 91 Wireless, which was considered a pre-A round. The current A-round valuation is US$100 million;
According to the analysis of friends from the investment bank, Frontier Angel’s investment increased in value or nearly 10 times in less than a month, which is simply an investment miracle.”
Hearing this, Fang Nian said calmly: "Everyone gave me face."
"I didn't expect 91 Wireless to be so good."
Lei Zhe laughed: "Mr. Fang has stolen the limelight in the investment bank this time. As far as I know, there are many people who want to know you;
If they knew that Mr. Fang was still a freshman, I don’t know what they would think.”
Fang Nian looked shocked: "Mr. Lei, I am young and cannot withstand flattery, let alone research."
"Haha~ There are still things that can stump you, Mr. Fang." Lei Zhe laughed.
After joking for a while, Lei Zhe changed the subject: "Actually, I don't quite understand why Mr. Fang wants 91 Wireless to develop so explosively at this time;
This will allow more users to become completely accustomed to Android and Apple."
Fang Nian smiled and said: "Mr. Lei is overthinking it. No matter how successful Nuwa is, there will definitely be other systems on the market. The field of smartphones will definitely be full of competitors;
The ‘System Mobile Service’ suite is fundamentally different from an assistant software, especially the included cloud services, which do not compete on the same level at all;
Develop 91 Assistant, develop supporting versions when appropriate, and even transplant some users. In essence, 91 Assistant is an application."
"..."
You can imagine how difficult it is to build an operating system from scratch, even if it only serves smartphones.
Especially after the kernel draft version was produced, it was not satisfactory, which doubled the pressure on Lei Zhe.
Had it not been for this trip to Zhuhai, many problems would have been solved.
To be continued...