Chapter 1520: The Second Knife

Just when the Internet and reality were still discussing, the second knife from a distance stabbed down!

9 o'clock sharp!

All the platforms of Yuanfang have released a message that PP and its related industries will open a round of financing in the near future!

It plans to raise 3 billion U.S. dollars, and the funds will be used for user feedback and infrastructure construction.

Financing!

Usually, what everyone thinks the most is that Li Dapao has made a lot of money again!

The pre-financing valuation was 12 billion U.S. dollars. Thanks to this guy who dared to speak, this is a sky-high price of about 80 billion yuan.

Of course, there are many PP and related industries, including browsers, application platforms, entertainment industry, video, and even WeChat and game industries.

Adding up so many industries, it is almost all the industries of Yuanfang Technology except Weibo, shopping malls, and Wanka.

With so many businesses, Yuanfang is not weak. The pre-financing valuation of 12 billion US dollars does not seem too high.

Money, naturally someone will pay attention.

But this time, he was more concerned about other things.

The shocked party was shocked again, and said in horror: "If you don't tell me, you don't know, if you say it, you will be shocked!

PP has not yet raised funds, but it is better than Teng Xun before financing, Brother Pao is going against the sky! "

"Teng Xun can be worth 20 billion U.S. dollars, and PP should be worth at least 30 billion U.S. dollars. With Brother Pao's temperament, it should be doubled to 50 billion U.S. dollars. Why is it only 12 billion U.S. dollars this time?"

"Upstairs is full of idiots, PP hasn't been listed yet.

Of course, not being listed does not prevent Brother Pao from bragging.

This time it is so low, according to my analysis, it should be aimed at Teng Xun.

If you don’t raise money early, if you don’t raise money later, financing at this time is of profound significance. If you have money, do you use it to finance PP or enter the stock market to invest in Teng Xun? Everyone, think about it for yourself! "

"..."

Following the analysis of these people, many people also reacted.

Yes,

Since it is all about making money, should I invest in PP to make money, or invest in Teng Xun to make money?

Regardless of the leaders, potential, and strength of the two groups, including the fact that Yuanfang just dealt a blow to Teng Xun, it is obvious that Yuanfang is stronger.

...

The analysis of the people who eat melons does not work, but the people who eat melons are also synonymous with the hearts of the people.

Xiangjiang.

mih office.

Several mih executives frowned, and it took a while for someone to ask in English: "What should I do?"

what to do?

This is a simple question, but others are speechless.

At this moment, they were also a little helpless.

In the morning, Teng Xun launched a new version of Weichat, and they were overjoyed. They felt that Teng Xun was indeed capable. Today, Teng Xun's stock price might skyrocket.

Who knows, a simple blockade in the distance will almost destroy the micro-chat.

On the mobile side, it seems that there is no hope in sight.

Just when they were still hesitating, Yuanfang disclosed the news of PP financing, and the people in mih were almost sure that next, the choice of the capital market would only be Li Dong.

The industry in the distance is still a piece of pure land.

Unlike Teng Xun, it has been five years since it went public, and the benefits that should be distributed have been distributed by others.

And mIh is obviously the biggest vested interest. They got the benefits, but they didn't share them before.

Now, I missed Teng Xun's capital organization back then, will I choose to give up the distance this time?

Weibo is the proof!

Previously, Weibo completed the C round of financing, and now it is preparing for the listing. In Europe and the United States, Weibo has gone through a war of burning money in the distance, and the support of capital institutions, and now the market is very popular.

Moreover, Li Dong recently became the richest man in the world, which also brought a large number of users to Weibo.

Today, Weibo is the veritable No. 1 social platform in the world.

As for social software such as QQ and PP, although they claim to have hundreds of millions and billions of users, the international statistics are different from their own statistics.

Internationally, it is rare to look at registered users. This is not accurate. It mainly depends on user activity and the number of monthly active users.

In this regard, the current QQ and PP are actually not as good as Weibo.

The user activity of Weibo is currently very high, and it has a global layout, and the user growth rate is also fast. Therefore, Weibo is the world's number one social software. Although there are doubts, it is not too much.

Investing in Weibo, especially the several institutions that invested in Weibo in the A round, should be laughing out loud now.

The return rate of Weibo may not be higher than some Internet companies they invested in, but the key is to be fast!

In 2008, Weibo only started financing, and it was ready to go public in less than two years, and the conditions were ripe, which is very rare.

For general Internet companies, from the start of financing to the final listing, it takes at least three to five years, or as long as indefinitely!

Weibo took two years.

What about PP?

According to the current market and conditions, if Teng Xun is defeated this time, it may not take half a year for PP to go public.

Regardless of what Yuanfang said was the A round of financing, it might be the last round. It is impossible for others. Li Dong is hard to say. The possibility of a round of direct listing is not impossible.

The payback time is short, and the rate of return will not be low. How to make a choice, do you need to think again?

Teng Xun's vested interests are not them. In this case, why do Teng Xun live and die? If he has ready money and doesn't make money, he can gamble with a very small probability. This kind of thing is rarely done by big investment banks.

A small investment is okay, but a large one is almost impossible.

The executive of mih asked what to do, and the office fell into silence.

After a long time, someone whispered: "aBsa has been urging Naspers to redeem Teng Xun's shares in advance. If they do not redeem, as the stock price continues to fall, once the value of the collateral is lower than the original mortgage amount, the other party has the right to terminate it early. The contract also has the right to deal with the collateral..."

The underlying meaning of this statement is that if Teng Xun's stock price continues to fall, aBsa may be able to deal with those stocks without the consent of Naspers.

And once aBsa wins the first place, the first one to go to the far side may not need them to make a second decision, the far side has already won.

As soon as this person's voice fell, someone said again: "Everyone, now, Teng Xun's hope of counterattacking again is very, very small.

At present, our attitude is the key!

We can have the greatest choice. The distance needs us, and Teng Xun also needs us. No matter where we stand, we will gain their friendship.

But once Teng Xun's stock price continues to fall, Yuanfang's winning rate will become higher and higher, and our sense of existence will almost disappear. "

Now, they still have a choice.

But if we wait any longer, maybe the chance of choice is gone, and we can only be tied to Teng Xun's boat in the end, and maybe we will sink with them.

"Also, since PP has started financing, with Li Dong's speed, it won't be too slow, and we won't take too long to think about it. If we miss it this time, there will be no chance.

Should he choose to reduce the loss, or continue to struggle and perish along with Pony? "

"But……"

Some people also refuted, thinking that it is still possible to wait, and there is no need to make a decision so quickly.

There were supporters on both sides, and in the end everyone came to a consensus that they couldn't decide on this matter, and let the headquarters decide.

And whether the headquarters will communicate with Naspers is none of their business, they only need to be responsible for mIh.

...

With the announcement of Yuanfang's financing plan.

Soon, there was a reaction in the market.

Many investment banks, including Goldman Sachs, IDg, Sequoia, TDF, Swedish aB Investment, etc., have responded in private or in public, and are very interested in PP financing.

They are all interested in Titan Lee's property, and now each family is waiting for an invitation from afar.

Some of these institutions still hold shares in Teng Xun, but many institutions even publicly announced that they may sell one after another in the next few days.

These institutions are small in scale, some are contacted by themselves from afar, and some are spontaneous.

Supporting Yuanfang at this time will give them hope for the next PP financing.

Selling Teng Xun's stock was also an established plan a few days ago. At the beginning, many institutions adjusted their ratings on Teng Xun.

Before Teng Xun repurchased shares and made some efforts, they were still in a period of hesitation and did not move.

But this time, Teng Xun didn’t launch a new version of Weichat, which was a good thing. Once it was launched, it fell into the sand. Instead, it made everyone see the influence of Yuanfang on the mobile terminal.

Coupled with the temptation of PP financing, these institutions naturally made the choice they should make.

As these institutions announced that they would sell Teng Xun's stock, and the Hong Kong stock market was about to open, a large number of stockholders also got the news. Although the market had not yet opened, everyone realized that Teng Xun was in trouble today!

Unless Ma Huateng repurchases shares again, it is almost inevitable that Teng Xun's stock price will fall.

As for how much it fell, it depends on how much effort Teng Xun has put in.

...

9:30.

Shenzhen.

As soon as the market opened, someone in the conference room said in a low voice: "The opening price is 50 Hong Kong dollars!"

Everyone's expressions changed, Liu Zhiping took a deep breath and said, "Pony, mIh is going to talk."

What Wang Dawei said before, Ma Huateng did not hide some executives, once it falls below 50 Hong Kong dollars, MIH will be shaken and will give up.

Although, before giving up, Teng Xun has the priority to repurchase, but so what?

mIh now holds 34% of the shares, holding a total of 578 million shares. Even if it is repurchased at a price of 50 Hong Kong dollars, it will require 28.9 billion Hong Kong dollars in funds.

Of course, if you really want to repurchase, you will definitely not give this price, and 20 billion Hong Kong dollars may be enough.

However, in the current Teng Xun repurchase, the other party must be worried that Teng Xun will not be able to pay the money. Even if he agrees to pay in installments, the down payment will not be less than half. Without 10 billion Hong Kong dollars in funds, it is best not to think about the repurchase.

If Teng Xun really wanted money, how could he be forced to this point?

As soon as Liu Zhiping's voice fell, another human said: "If mIh can continue to support us now, use funds to enter the market, and buy us time, we still have hope of making a comeback..."

Ma Huateng waved his hand and said: "There's no need to talk about it, talking about this with them will end up humiliating yourself.

Of course, I won't go, you guys go to talk, at least, it will be delayed until today!

One day, can't they all wait? "

Ma Huateng has already made preparations, and it will be launched on Saturday and Sunday. At that time, no matter what he does.

not now!

Today, Teng Xun's stock price has fallen too much, which will seriously dampen their spirit. The next user choices will naturally be far away, not Teng Xun.

"one day……"

Hearing Ma Huateng's words, Liu Zhiping sighed softly in his heart, but nodded and said, "It's still possible to fight for a day. Yuanfang's financing hasn't started yet, and they won't make a decision so quickly."

"That's good. I'm a little tired. I'll go back and rest first."

Ma Huateng did not continue the meeting, but walked out with a heavy body.

Seeing that his back looks a little sad, everyone is not feeling well. The micro-chat went online in the morning, and everyone has great hopes. They even think that Teng Xun's stock price will skyrocket today.

Who knows, the movement in the distance is bigger than they imagined.

oPPo's ultimate move almost turned their micro chat into a joke.

Then Yuanfang began to mend the knife, it was still a machete, and their skin was torn apart, and the blood flowed profusely.

Other capital institutions also followed suit, stabbing down, not only did Teng Xun not gain a greater advantage, but completely lost his dominance in other battlefields.

As for the final lore, does it really work?

Maybe this is not the lore of Yuan Fang, but the lore of Teng Xun!

It is very possible that Teng Xun gave himself the last knife.

Now, everyone has no other choice, they can wait and procrastinate, but Ma Huateng and several other elders are unwilling.

They don't want to live on their knees, they just want to die standing up.

Living lingeringly, they don't want to, and they want to die vigorously. At this moment, who can stop them?

...

Lin'an.

Cai Chongxin whispered, "Rescue?"

Ma Yun shook his head and said softly: "He has given up on this one himself, and our support is just a drop in the bucket and a waste of money.

Also, Teng Xun's crisis is serious, and we are not taking it easy!

Some behaviors in the distance today make me a little worried.

In the mobile market, they have set foot too deep and laid out too deep, and now they have become the mainstream of the market.

Terminal manufacturers and application platforms can block Teng Xun today, but will it be us tomorrow? "

Cai Chongxin sighed softly: "He is ahead of us every step of the way, all we can do is to catch up, and when he was competing with Teng Xun, he happened to show us the shortcomings and opportunities.

The possibility of Teng Xun's failure this time is very high. Now we can only check for gaps and make up for the gaps, and try to make up for all the loopholes and shortcomings before going to war with us in the distance. "

Ma Yun nodded, and Cai Chongxin said again: "I just don't know how long Teng Xun can last. The foundation and foundation of hundreds of millions of users are there. The total number of mobile Internet users has not exceeded 100 million. It will take a year or so..."

Ma Yun interrupted: "It won't be that long! Judging from the actions of the two companies today, there are frequent big moves, even PP financing, which is almost Li Dong's trump card.

The cards are all out, and the struggle between the two is coming to an end. "

"Almost over?"

Cai Chongxin was shocked!

Is Ma Yun's judgment accurate?

It's normal for two companies with more than 100 million users to fight for a year and a half. It's only a few days, and it's coming to an end?

Ma Yun didn't care what he thought, and murmured: "At this point, it's either death or life, and there is not much hope if it drags on.

Instead of being bruised, it's better to fight!

Even if they are defeated, their morale has reached the peak, and it is unknown if they will make a comeback!

But once it drags on for a year or so, all fighting spirit and vigor will be wiped out in the end, and the price will be even more severe. "

For people like them, if they lose their vigor and fighting spirit, they really lose hope.

Ma Yun understood them and knew what choice they would make.

After Ma Huateng left Xiangjiang, Li Dong judged Ma Huateng's choice, because everyone was of the same kind, and Ma Yun was the same. Maybe he didn't see it before, but now, today, the two families have made moves one after another. Out.

The decisive battle will not take more than a month, maybe sooner.

In short, before the end of PP financing, this battle will also end.

Since Li Dong is raising money, he must either raise money in the best state, or the party that gets the money may not be him, maybe PP will change the owner.

Thinking of this, Ma Yun suddenly said: "Go and prepare, I will go to Shenzhen Market anytime.

Bring our team, and in addition, make a detailed statistics on Teng Xun's assets, industry, patents, technology... all.

Including some cutting-edge technical talents, also give me a detailed list.

Once Teng Xun is defeated, immediately discuss the transfer with Teng Xun. "

Cai Chongxin was a little dumbfounded, is this going to divide the spoils?

They haven't lost yet!

Although he has known Ma Yun for many years, he has a very good personal relationship.

But at this time, Cai Chongxin really couldn't understand these guys, he was black-hearted, really dark, much darker than him!

The two companies only cooperated a few days ago, and Ma Yun vowed to support Teng Xun and inflict heavy damage on the distant side at the critical moment.

But when he turned his head, he was ready to carve up Teng Xun.

As if seeing the old friend's incompatibility, Ma Yun said quietly: "Instead of taking advantage of Li Dong and strengthening the strength of Yuanfang, it is better to take advantage of us.

The stronger Li Dong is, the more dangerous we are.

Today's Teng Xun may be tomorrow's Ali.

For Ali, these are nothing.

Before others react, prepare for the disadvantages in advance.

By the way, you go there in person, tomorrow, and when it is necessary, tell Ma Huateng that the only one who can help him get rid of his shame is me, Ma Yun!

He made a comeback, who knows what happened in the Year of the Monkey, he should know it himself.

With Teng Xun and Ali, there is hope! "

Cai Chongxin took a deep breath, nodded and said, "I understand, the far side..."

"Let's not even think about it, Li Dong, even if he loses, he won't take advantage of us.

What's more, their technology, patents, and talents can be used elsewhere, and there are not many things left in the end. With his personality, it is hopeless to give it to Ma Huateng for nothing. Teng Xun can take it away at a price.

What he likes to do is integration!

It's not just him, he actually hopes that some companies in China will complete the integration of resources and become the overlord of China, and even the overlord of the world, understand?

Therefore, if Yuanfang is defeated, the resources will only be handed over to Teng Xun. "

Cai Chongxin laughed and said, "I sound like it's a compliment."

Ma Yun also smiled and said: "Barely, he is actually similar to a child, and he likes to be the king of children.

I can't be myself, and I hope that the person who defeats him will become the king of children.

He can lose to Kid King, but he is unwilling to lose to others. His competitive mentality is actually stronger than ours. "

Cai Chongxin was speechless, in this world, people who understand you may be your opponent.