Rebirth in a Perfect Era Chapter 1055: Peer is the enemy

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Lawrence ’s humor greatly activated the atmosphere of the scene, but when he entered the reporter ’s questioning session, his previous humor did not win him the attention of media reporters. All media reporters ’eyes were concentrated on Li Mu. In their body, they have too many questions to ask Li Mu sitting next to Lawrence.

When countless media reporters raised their hands to signal, Li Mu said with a laugh: "Sorry everyone, I came from China, so take care of the China media first. The first opportunity to ask questions will be asked by the China CCTV reporter. . "

The microphone gave a 20-year-old female CCTV reporter. The other party, although, assured that Li Mu would definitely give CCTV a chance to ask questions, but didn't expect Li Mu would be so frank and directly give himself the first opportunity to ask questions.

The female reporter stood up and asked Li Mu: "Mr. Li, there are now many professional reviews on finance and internet, and they all agree that you choose US capital to talk about Muye Science and Technology C round financing. The ultimate goal is for companies to be able to Listing, I would like to ask you, in your plan, is Muye Science and Technology really inclined to list in the United States? "

When Li Mu heard this question, he smiled slightly and said frankly: "Yes, I do tend to make Muye Science and Technology available in the US 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 understand, tolerate and recognize internet far more than other countries. The internet industry is different from the physical industry. Most of the assets of internet companies They are all intangible assets. The specific evaluation of intangible assets requires the market environment as the basis. If you want to maximize the market value of Muye Science and Technology, you must choose to list in the most mature market, otherwise there will be serious underestimation. The development of the company has a great impact. "

Li Mu did not know why CCTV reporters asked themselves whether they decided to list in the United States in the future, but Muye Science and Technology ’s ambition to go public in the United States is now a very obvious thing, otherwise it is impossible for him to go to the United States for financing, and at the same time There is so much movement in the United States.

The reason for not considering listing in China is not that Li Mu is not patriotic, but that Muye Science and Technology is not suitable for listing in China right now.

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

A shares require listed companies to be continuously profitable within a certain period of time, but most of the internet companies are burning money, Muye Science and Technology now although is still barely able to rely on YY and Paradise Town self-sufficiency, but this is just the situation at hand Once the financing is successful, the burning of money will start immediately. At that time, the negative profit of Muye Science and Technology's book may scare people. A year of negative profit of hundreds of millions of USD or even more than one billion USD is a normal phenomenon, which is basically not in line with A shares. Requirements;

Second, there are no internet companies in the A-share market. In addition, the entire capital environment lacks sufficient understanding and recognition of internet companies. Even if the Muye Science and Technology can be listed on the A-share, the valuation will be much lower than expected. Come, is equivalent to self-breaking legs.

After the CCTV reporter ’s question ended, Li Mu chose the reporter of CNN in the US for the second time.

The CNN reporter is a middle-aged man in a suit and leather jacket. He asked Li Mu: "Mr. Li and Muye Science and Technology are now developing at a rate that has shocked the entire US internet industry, and directly became a direct competitor with MicrosoftMSN, I think The question is, in your eyes, which internet companies in the US are likely to become strong competitors of Muye Science and 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 it is Google, Microsoft, Oracle, etc., are examples of Muye Science and Technology learning, but in my opinion, I am I hope that all large US internet companies can become competitors of Muye Science and Technology. "

When Li Mu came out, many reporters expressed surprise. The meaning of Li Mu is obvious. He hopes to become a competitor with all large internet companies in the United States. The subtext is that Muye Science and Technology will take the initiative to all opponents in the field. Launch an attack.

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

Li Mu nodded: "For me personally, I will not imprison Muye Science and Technology in the real-time Instant Messenger software field. I also hope to have the opportunity to allow Muye Science and Technology to develop horizontally and open the front. Once the front is opened, it will naturally Have more opponents. "

Next, a reporter from the Wall Street Journal asked Li Mu: "Mr. Li, as far as we understand, the valuation of Muye Science and Technology in the Venture Capital industry has exceeded 20 billion USD. Could you please estimate your valuation of 20 billion USD? Satisfied? "

Li Mu haha ​​smiled, although did not know what mentality the Wall Street Journal reporter asked this question, but he still answered: "I must answer your question honestly. First, the valuation of 20 billion USD I Whether I am satisfied or not, I can tell you clearly that this price was raised within a certain stage. I am definitely satisfied, but that stage is not now; secondly, I think that most of the thinking speed of Venture Capital cannot keep up with the development speed of Muye Science and Technology. In this case, if you want to reach a cooperation, then they must come to catch up with our speed, because the development of Muye Science and Technology will not stop because of them. If they ca n’t keep up, then their valuation of Muye Science and Technology has no actual Meaning. "

It is already clear in Li Mu's's words that the valuation of 20 billion USD is not attractive to the current Muye Science and Technology. If the capital wants to invest in Muye Science and Technology, it is necessary to open a price that can really catch up with the development speed of Muye Science and Technology.

Not long ago, when the Li Mu was priced at 17 billion USD, the media was surprised that Li Mu's was too confident. At that time, many media outlets criticized him, thinking that his quotation was basically impossible to get any Venture Capital. Approved, but after such a short time of didn't expect, because of the continuous success of multiple strategies of Li Mu, Venture Capital ’s voluntary valuation of Muye Science and Technology has exceeded 20 billion USD, and now, Li Mu has fully occupied the initiative, and 20 billion he has already ignored Eye-catching, and this time, no media dared to sneer at Li Mu like before.

A reporter from the New York Times asked: "Mr. Li, you have created an internet empire with a valuation of more than 20 billion USD in less than two years, which is unbelievably huge in the world. Success, what do you think contributed to your success and the success of Muye Science and Technology? "

Li Mu said: "China has an old saying called" Heaven, Earth, and People ", which probably means that to win a war, you need to have excellent weather conditions, a favorable geographical environment, and a stable military heart, climate The conditions can be understood as opportunities, the geographical environment can be understood as the environment, and the military mind can be understood as the inner direction of the team members, and Muye Science and Technology just has these three points. "

The question and answer of the first few questions are more harmonious overall. The Li Mu's answer also satisfied the questioner. Next, Li Mu actively hopes to select several internet industry media to ask questions.

The first one to get the chance is Yahoo, but what makes Li Mu didn't expect is that the questions of Yahoo reporters are full of gunpowder.

"Mr. Li, as we all know, internet industry although is developing very fast, but the bubble is serious, and the speed of updating and iteration is also very fast. As an instant Instant Messenger software, YY is indeed very popular in the US market, then you I think, how long can the situation of YY be welcomed by users? Or, when do you think the bubble of YY will burst? "

Li Mu and didn't expect, the first question from the same peer would be so unfriendly.

But it is also in line with Guo Degang's classic statement, only peers are the enemy.

Not to mention, in 2000, the market value of Yahoo climbed to the scale of 100 billion USD. It is currently the number one company in the internet industry. Yahoo people can understand the pride of acting cool.

So, the provocative white Yahoo reporter Li Mu looks at smiled slightly and said, "although you are a Yahoo reporter, but I ’m not sure how much you know about the internet industry. So, in my eyes Here, YY is a rigid demand product and has a very high irreplaceability. In contrast, as Portal website and free email service, Yahoo itself is not a rigid demand product, and the replaceability is too high, I am sure to let YY in In the next ten years, it will continue to develop, but if Yahoo does not transform as soon as possible, I am afraid that it will begin to decline in the next few years. If you want to see the good show of bubble burst, you still have to wait to see Yahoo is more realistic. "

The most interesting of the internet companies in the US is Yahoo, because in the eyes of Li Mu, Yahoo made mistakes all the time except for finding the right direction at the beginning of the birth of internet.

I missed the opportunity to buy Google at a low price, but when I wanted to buy it, I found that I could n’t afford it anymore;

The original billion USD could buy Facebook, but there was no business ethics at the juncture, and I wanted to further reduce the price to 850 million USD. As a result, it was categorically rejected by Mark Zuckerberg, and then I offered a price of more than 1 billion USD At this time, Facebook has completely stopped it;

In 2008, Yahoo has been defeated for many years in a row. In order to fight against Google, Microsoft issued a 50 billion USD quotation to it, which was rejected by the proud Yahoo;

In 2016, Yahoo finally found the seller and was taken over by the US Instant Messenger giant VEriczon at a price of 4.8 billion USD ...

In the eyes of Li Mu, Yahoo can be said to have eaten old books without thinking of progress since 2000, and while eating old books, while going downhill and not forgetting acting cool, the most ridiculous thing is that Yahoo has been booming in internet for so many years and In the field of mobile internet, it is rare to have any commendable achievements, which is really funny.

Now, the funny Yahoo reporters look down on Muye Science and Technology, which makes Li Mu quite uncomfortable, so they do not care about such multimedia, let alone Yahoo or the industry's first, directly in public.

The reporter didn't expect Li Mu would be so open, and subconsciously asked: "The market value of Yahoo is at least 6-7 times that of Muye Science and Technology. Why do you think the Yahoo bubble will burst, not Muye Science and Technology?"

Li Mu smiled and said: "It is impossible for Yahoo to affect Muye Science and Technology. On the contrary, Muye Science and Technology has many aspects that can affect Yahoo."

The reporter is also young and vigorous, so choked by Li Mu, that pride and arrogance as a Yahoo employee was inspired. He said excitedly: "How does Muye Science and Technology affect Yahoo? Please give an example."

Li Mu smiled slightly and said, "I didn't plan to promote YY mailboxes in entire US, nor did I think of going to YY's English Portal website immediately, but since you object to Muye Science and Technology, I might as well give you a demonstration , Let you see whether YY can affect Yahoo or Yahoo can affect YY. "