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Chapter 59 Valuation at 3 Billion

Chapter 59 Valuation 3 billion

Author: This month once Teru Furukawa

Chapter 59 Valuation 3 billion

The day before New Year's Day.

The Sewing Machine Band recreated the HKUST campus party. After singing a song, Pei Yi was left alone to speak for ten minutes.

The youngest stood on the stage and spoke freely, from studying to entrepreneurship, then to employment issues, and finally said:

"Kangaroo Flash, I look forward to the joining of all seniors and sisters. Together, we will create a stronger and more prosperous platform..."

“In the future, let’s ring the bell to go public together!”

Most of the people in the audience were freshmen. They were familiar with the entrepreneurial story of Kangaroo Flash, and they also admired Pei Yi who was pushed to the front desk. They all burst into thunderous applause.

The department leader sitting in front smiled bitterly and shook his head. This guy came to the party as a job fair for his company, but he was still tolerant of the outstanding students in his department and applauded along with him.

Three days later, a star hotel banquet hall in Shanghai.

The second round of financing for the Kangaroo Flash Sale has officially begun, with Chen Heyu still staying behind the scenes and letting Pei Yi act as the spokesperson.

This round of valuation is US$3 billion, a figure that has also been recognized by a number of venture capital investors. As a leader in a segmented track, its average daily orders have reached tens of millions, and its annual expected revenue is in the tens of billions.

As the winners of the last round of financing, Gao Sheng and Penguin Capital, for them, this valuation represents a 10-fold increase in their previous investment income. If they transfer the equity at this time, they can realize it immediately.

Of course, neither of us is stupid, so naturally no one will monopolize it.

After three days of negotiations, it was finally determined that the second round of financing would be led by Gao Sheng and jointly funded by Penguin, IOG and Hongshan Capital to share the development dividends of the food delivery industry.

This time, 10% of the equity was sold again, but it actually got back US$300 million.

After two rounds of financing, Chen Heyu's shareholding has declined, but he still occupies the position of the largest shareholder with 65%. Pei Yi and others still have 2.3% of the shareholding.

"This step has completely opened up the road. Even if Berry Tuan enters the takeout industry in the future, Kangaroo Flash Delivery will already have a stable market."

Chen Heyu sat in the corner and thought, feeling relaxed, he picked up the wine glass and drank one.

"Mr. Chen, why don't we go have a drink together and hide here alone."

At this time, Mr. Liu from Penguin Capital came over with a person and said with a smile.

"I am a pure person, who is Mr. Liu?"

Chen Heyu has experienced many situations like this, so he naturally knows the other party's purpose, which should be to help the man next to him to strike up a conversation. Instead of waiting for the other party to speak, it is better to take the initiative.

"Come on, Mr. Chen, let me introduce you. This is Mr. Zheng, who is in charge of the Penguin Video project in our group."

After Mr. Liu made the introduction, he took a slight step back and left the space to Mr. Zheng.

"Hello, Mr. Chen, I heard that you also have a film and television company. I wonder if there are any opportunities for cooperation?"

Mr. Zheng smiled and said.

"Mr. Zheng, you're welcome. Shanhai Film and Television does have a new movie that will be released soon. We can talk about the online premiere at that time."

Chen Heyu frowned and replied casually. The other party's purpose should be more than that. The person in charge of a large department and looking at the entire Internet is also a well-known figure. How could he come to discuss such a small project in person?

"To be honest, Mr. Chen, Penguin actually wants to deepen cooperation with creative production companies like Shanhai Film and Television, such as starting to shoot online movies and self-produced dramas..."

Seeing that Chen Heyu did not take the bait, Mr. Zheng could only tell his purpose frankly.

Chen Heyu shook his head.

"Mr. Chen, do you mean it doesn't look good?"

Mr. Zheng frowned. If Chen Heyu hadn't had the status of a major shareholder with a kangaroo flash, he would have had an attack long ago.

"Mr. Zheng, have you noticed any changes in the film market this year? The cake has become bigger, and domestic films are on the rise."

“It’s thankless to be a big internet player at this time, at least the direction is opposite to the above idea.”

"Let's wait another two years, but we can try online dramas."

Chen Heyu recalled the development of the previous life, spoke leisurely, and then continued: "Shanhai is planning to film an online drama. Why is Mr. Zheng interested? Let's make an appointment after the banquet is over."

Mr. Zheng's words reminded him that he should first create a web drama for Cheng Xiao to improve his national status, and then create a popular TV drama for him to make money.

By the way, by taking Penguin’s luxury car, in the future, movies and TV series produced by Shanhai Film and Television will also be able to find wealthy buyers, getting the best of both worlds.

"Okay, this is my assistant's phone number, Mr. Chen. Let's make an appointment next time."

Then, several people drank wine again and talked about the development of the industry and potential tracks in the future.

"The Taobao family has become bigger in the past two days. If it weren't for Jingdong, I'm afraid the market would have been monopolized by Hangzhou horses."

Mr. Liu’s tone was extremely unhappy. Penguin had the heart to be an e-commerce company, but it just didn’t have the gene. Paipai, the acquisition of Eason, and the social e-commerce business in the future were all wiped out.

In the end, I had no choice but to invest in Jingdong.

Chen Heyu listened and smiled softly. Who would have thought that three years later, an e-commerce platform would appear in Shanghai that relied on bargaining and team building. It defeated the cats and dogs and became the largest e-commerce platform in the country in one fell swoop.

business platform.

There are still a few years left, don't worry, when you have sufficient funds, you can set up an investment company to select future Internet giants and leaders in the gaming industry. You can only invest money directly if you have potential.

After the banquet, Chen Heyu took the car back to Shanhai Film and Television.

Xiao Yang is currently busy with the post-production process. As the company's first work, he at least has to go there to express his attention to the project.

"Brother Xiao, how are you?"

When he came to the editing room, Chen Heyu saw Lao Xiao sitting next to the editor, talking about something, so he walked over and asked.

"Mr. Chen, sit here. There are only a few days left to finish the cutting. What date do you think we should choose?"

Xiao Yangpidian brought him a chair and said immediately.

“Can I make it in time for the Spring Festival?”

Chen Heyu has no experience in this area. He only remembers the Spring Festival, National Day, Valentine's Day and other good days that have huge box office.

"Forehead……"

Xiao Yang looked embarrassed, smiled and replied: "It will definitely not work during the Spring Festival. There is such a big mountain as Mission: Impossible 4. If we go up there, we will be cannon fodder."

"What about Valentine's Day, February 14th?"

"There are no beautiful Chinese blockbusters today, but there is a Taiwanese romance movie, which conflicts in genre."

Xiao Yang did his homework well and answered immediately.

"What name?"

"The movie is called "Love", starring Ruan Jingtian, a new generation of Wanwan niche, and Shu Qi, the goddess of Hong Kong."

"Then February 14th."

After Chen Heyu finalized it, he had no impression of this movie at all. Even if it wasn't a bad movie, it couldn't affect "The Year in a Hurry".

After all, the audience has not been baptized by a series of youth movies, and their tolerance is still very high.

Then I communicated with Xiao Yang and told him about the idea of ​​a web series to see if he was interested.

"Okay, web dramas are just web dramas. We also made our debut in micro-movies, so no one is better than the other."

Xiao Yang happily agreed.

As for the script, we have to wait for a few more days, because Chen Heyu hasn't written a word yet.

The next day, Kangaroo flash financing information became a hot search on the Internet.

"Kangaroo gave away a second round of financing of US$300 million, with a current valuation of 3 billion!"

"Kangaroo Express CEO Pei Yi claimed that this is just a small step in the company's development."

"The kangaroo sent a mysterious shareholder to you, and it turned out to be him!"

Chen Heyu thought he was exposed, so he clicked on the last message and found out that it was a clickbait.

The new round of financing has brought ten times more abundant cash flow, and more and more cities have been included in the operation.

Even in the spring of 2012, people in Chunshen, my hometown, experienced the joy of cooking for 0 yuan.

Please vote for recommendations, I wish all viewers to become rich every day~
Chapter completed!
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