Chapter 28.94 Improve the Industrial Chain
Burn After Reading was launched on July 1st, a month has passed since now.
Before disappearing after reading it, Meitu shared the record of free APP downloads on APPSTORE, ranking first for more than 8 consecutive weeks, shocking all the software industry at that time.
This is also the reason why the market value of Meitu Sharing can rise to more than 50 billion US dollars in one breath.
The current post-reading is more ruthless than Meitu sharing. Needless to say, it has directly dominated the rankings for four consecutive weeks. The score is as high as 9.8 points, setting a record for all apps in history. Compared with WeChat's 9.2 points , and Meitu share a score of 9.5.
Moreover, the number one ranking is not simply No. 1. From the third day after its launch, the number of downloads that burn after reading is the sum of the downloads of the next nine—meaning the top ten free downloads. APP, the remaining nine combined are not as good as disappearing after reading, so we can see how high its download volume is.
As of August 1st, the total number of users who disappeared after reading had exceeded 120 million, and the number of active users was as high as 100 million, which once again created an impressive record, making Meitu share breathless.
That is to say, Burn After Reading is supported by Xiao Qi's abundant funds. It was designed according to the usage scale of 200 million people from the beginning, and the server rented in advance was put in place for a short time before it was completely put into use.
And according to the current speed, by October at most, 200 million servers will not be enough, and new servers need to be added. This time, at least 500 million people must be prepared.
Thinking of this, Mesoron blushes a little. Xiao Qi asked him to prepare a server with a capacity of 500 million people from the beginning, but their management thinks that 200 million is enough, and it is useless to hold more funds.
As a result, now that they see the rapid development of "Burn After Reading", they really understand what is called "the king of creativity"!
Yes.
In addition to "Youth Genius" and "King of Intelligent Electronics", Xiao Qi now has another title of "King of Creativity".
Think about the many online electronics companies founded by Xiao Qi, which one is not worth more than billions of dollars?
the most important is. These online electronics companies have basically created a trend, and they are full of creativity!
Everyone thought that Meitu Sharing was already the pinnacle of photo sharing sites. But I didn't expect Xiao Qi to take out the more interesting "Burn After Reading" after changing hands, which dazzled everyone's eyes.
Judging from the current situation, the market share of Meitu Sharing will definitely be taken away by Burning After Reading, because of its previous overwhelming momentum of development. It will definitely be suppressed to a certain extent.
However, Meitu Sharing has been in operation for a year or two, and has sufficient crowd resources. Many celebrities like to use Meitu Sharing, and more young people have become accustomed to using Meitu Sharing, coupled with the global market With such a large share, with a market of at least 3 billion people, there is absolutely no need for two different types of picture websites to fight each other.
Moreover, both companies have Xiao Qi's shares, they can be regarded as a family, and they can develop side by side. Occupy this market segment together and prevent the entry of other websites.
If you want to say that they have a monopoly, it is not enough, others are two companies!
It is precisely because everyone has a variety of analysis, and the unstoppable burning after reading, one month after the launch, the market valuation obtained directly broke through 10 billion U.S. dollars, reaching a share of 12 billion U.S. dollars.
Some people even started to contact Xiao Qi.
They thought, Meitu Sharing can be listed in Hong Kong, so it can be listed in the United States, which is better than it.
Just give Burn After Read another year or two to develop. Nasdaq can at least give it a market valuation of more than 30 billion US dollars-this is different from the humanized valuation in Hong Kong, it is a real valuation!
If Burning After Reading finds a more reasonable profit margin, even a market valuation of 50 billion US dollars can be given!
With the development and extension of the network world again, for this imaginative software company. Wall Street and the market have paid enough attention.
For example, Facebook, which has already confirmed that it will go public next year, has a market valuation of more than 80 billion U.S. dollars. If it develops rapidly in the past six months, it is not impossible to exceed the valuation of 100 billion U.S. dollars.
In the previous life, Facebook was only listed in 2012. That is, its valuation was about 100 billion U.S. dollars, but the economic environment at that time was better. Compared with the somewhat distressed market now, people were much more motivated to invest. Therefore, next year's valuation of 100 billion U.S. dollars, compared The valuation of 100 billion U.S. dollars in the next year will have much more content.
Tang Mingxiang's Facebook shares are still 32%, because in the past year, Facebook has not launched any action to expand stock financing because of its sufficient funds.
But because the valuation has doubled directly, Tang Mingxiang's Facebook shares have skyrocketed to 25.6 billion US dollars, which is enviable.
Of course, the 10% of Facebook shares that DST Investment helped Xiao Qi purchase also doubled its market value.
Before IPO financing, there will inevitably be one or two share dilutions, but even so, Xiao Qi and Tang Mingxiang can still earn at least 30 billion US dollars from Facebook.
If you wait until 2013 when Facebook’s market capitalization reached its peak of 200 billion U.S. dollars, it will be 60 billion U.S. dollars, which is completely equivalent to the net worth of a top 20 rich man in the world.
However, Xiao Qi and Tang Mingxiang do not plan to sell Facebook in large quantities. As the most important social platform in the future, with at least 1.5 billion users, Facebook has a huge crushing advantage and holds its shares. If so, it will be very convenient to do anything in the future.
Back to Burn After Reading.
Naturally, it is impossible to have the influence of Facebook that disappears after reading, and it does not need to have such a large influence. It only needs to meet people's life and entertainment needs.
And Xiao Qi's positioning for it is not that the valuation is so high, and then wait until the listing to make a fortune, but with the intention of long-term operation.
Therefore, after Meitu Sharing is listed, there is no need to go public after reading it, which may disappoint many brokerages.
When the development of Fleeting After Reading was in full swing, many people did not notice one thing, that is, Xiao Qi entrusted the Blackstone Group to help buy a company called Tilera with a total cost of 200 million US dollars. 95% of the shares, the management retains 5% of the shares.
Speaking of Tilera, a company founded in 2004, many people may not know, or even know what it does.
But for the entire server industry, it is a new star that cannot be ignored.
After 6 years of arduous development, Tilera now has many core technologies of cloud computing and communication multi-core processors. One-fifth of the servers in the world use their patents, and they still occupy the entire 10% of the servers. market.
Compared with the former Nortel Networks team, which was invested in and developed after Xiao Qi acquired the patents, Tilera is naturally inferior, but their development is also very fast. Their main Imesh architecture has a strong Very unique side.
Also because of this reason, in the previous life in 2011, Cisco acquired a large number of their shares, making them an affiliated company of its own to serve its own server industry.
The first reason why Xiao Qi was able to acquire Tilera so smoothly was the Blackstone Group's strong network of contacts, and the second reason was that the price he gave was very high, and he always used cash, which made many people in the Tilera team feel uncomfortable The heart was moved, and they all cashed out to become multi-millionaires; the third was Xiao Qi's promise not to interfere with the management's management, and they would develop according to their own wishes in the future. In this regard, Xiao Qi is still very trustworthy, everyone knows him Not the type to cross rivers and tear down bridges.
Finally, Xiao Qi promised that after the acquisition of Tilera, he would invest 500 million U.S. dollars in three years to help Tilera develop. Such a large financial support naturally made those hesitant management surrender.
In today's era, if a company wants to develop well, it must not lack financial support.
Not to mention anything else, let’s just talk about this software that burns after reading. If there is no large amount of financial support, it will be like a small company, slowly researching, launching, and expanding the scale... After such a set of procedures, at least It will take three to five years to develop to the current scale. How will we share with Meitu to compete for market share?
So very smoothly, Tilera was included in the bag.
Xiao Qi bought Tilera, the purpose is naturally to reintegrate the server market.
With the process of globalization of Internet companies, a company needs to set up its own server network all over the world to store its own user data and service systems, etc. These are very valuable things.
Every time a certain number of users are developed, it means that the servers must be increased accordingly. If you pile them all up in one place, the energy consumption and cost increase will be astronomical.
But on the other hand, just because so many servers are needed, the expenditures of major Internet companies in this area will increase, and the promotion of servers will increase.
Once they control more than 40% of the server market, the companies under Xiao Qi will naturally have a huge advantage in expansion and development. This is the so-called entire industrial chain.
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