Chapter 2986: Small company with high valuation

Before a company IPOs, it must issue a public prospectus.

One purpose of the prospectus is to tell the whole society the purpose of our public financing in the capital market this time. After getting the money from the IPO, which sectors and businesses will we plan to develop next...

It is impossible to raise funds through an IPO and then deposit the money in the bank.

Investors are willing to buy stocks of this company because they are optimistic about the company's growth and future, and they believe that by investing money in this company, they can grow with the company. If the company has little development potential, or if the money is only deposited in the bank, investors will not buy the company's shares.

In other words, a good business plan in the prospectus can better reflect the company's growth potential, attract more investors, and make the issuance of new shares smoother.

Now, Ziweixing International has initially developed a comprehensive post-IPO development plan.

In addition to the original focus on core businesses such as mobile social networking, mobile Internet advertising, cloud computing services, and the development and application of artificial intelligence, there can also be new directions in online video business and online education business.

After getting off the plane, Zhou Buqi called Wen Zhixia and said happily: "Teacher Wen, I have some good news for you!"

Wen Zhixia said happily: "I heard that my report was recognized."

Zhou Buqi smiled and said: "Well, I have already reported to you. Every executive I have dealt with has given a supportive view. Several of them have a strong support attitude."

Wen Zhixia knew how hard-won such achievements were, so he said half-jokingly: "Then, Mr. Zhou, has my proposal been passed?"

Zhou Buqi laughed.

Wen Zhixia hummed: "If you refuse me, I will write an open letter saying that the big boss suppresses the grassroots employees."

Zhou Buqi said: "That's nothing. I was worried that you wouldn't let me get into your bed."

"That won't happen. Teacher Wen teaches you to distinguish between public and private matters. First, I have to be able to do it myself."

Wen Zhixia was obviously in a good mood, and she started flirting with him on the phone.

Zhou Buqi said seriously: "I learned about the online education website Lynda you proposed, and it is a very good platform. It is currently in a closed, fully paid model, which means that this website is at a low point. The company We should indeed buy this company and make some strategic and business adjustments to unlock greater value.”

Wen Zhixia was very helpful, "That means my job is not bad."

Zhou Buqi smiled and said, "How about you come forward and contact the other party?"

"I?"

Wen Zhixia gave in a little.

Zhou Buqi said with a smile: "Let's try it. I'll arrange a negotiation team of five or six people for you. Let's go over there to connect first. It's a small company. I estimate that the number of employees will not exceed 20. It won't be easy to connect. It would be too much trouble."

“Aren’t we going to make way for an IPO?”

"Yes, you can make an appointment first."

"Reservation? What do you mean?"

Wen Zhixia didn't quite understand what he meant.

Zhou Buqi said: "It shouldn't be too difficult to acquire Lynda. This is a small project, and the current Internet situation is different from before. We are already developing mobile business. Didn't you also write this in your report? The company has been self-reliant for more than ten years and has never raised funds. However, at the beginning of last year, it raised US$100 million in funding.”

"Well, we released 25% of the equity and raised US$100 million. The market valuation is US$400 million. If we want to acquire the whole company, I estimate that it may take US$700-800 million. The cost is not low."

Wen Zhixia doesn't think this is a small project.

Zhou Buqi said: "It is easy to run a website, but it is not easy to run a good mobile app on multiple platforms. Even if you raise 100 million US dollars, it will be difficult to achieve anything. This must have A more professional team will do. Explain this truth to them clearly, and they will agree. In the current Internet trend of multi-platform operation, it is difficult for the Caotai team model to work, and several technical teams must be formed. "

Wen Zhixia would not talk to him as a subordinate, so he asked directly: "What does this have to do with the appointment you mentioned?"

Zhou Buqi smiled and said: "Isn't it coming? Generally speaking, in the few days after a company's IPO, the popularity is very high, the stock price will rise very high, and many investors invest impulsively. But after ten After half a month, the investment will enter a cooling-off period, and many investors will withdraw. At this time, the stock price will fall back, or even fall sharply. This is a very unstable stage. At that time, we released good news, saying that we had successfully completed the acquisition of Lynda, which could bring continued investment enthusiasm to investors and prevent the company's stock price from plummeting. It’s embarrassing to go to the capital side.”

Wen Zhixia understood what he meant, "First contact Lynda and negotiate the deal first. Then after the IPO, we will confirm the deal, complete the deal, and release good news to the outside world to keep the company's stock price strong."

"Yes, how about it? Do you want to try and lead a team to negotiate with them?"

It is said that there is a clear distinction between public and private affairs, but Boss Zhou will inevitably favor his women in terms of resources. This is an affirmation of her work and an encouragement to her confidence.

Wen Zhixia was a little unconfident, "What if I mess up?"

Zhou Buqi said: "Try it first. If you feel it doesn't work, arrange someone else to go. Don't look at the huge value and high valuation of this company. In fact, it is accumulated over many years. It is just a small company."

It can be seen from the fact that Lynda has not raised funds for more than ten years that this is not a company with Internet thinking at all.

Or the founder and management team do not understand the Internet at all.

This is actually a company founded by two teachers.

It has been relying on paid subscription fees all the way to survive. After more than ten years, it has accumulated more than 400,000 paying users per month... Fortunately, the consumption power of users in the United States is very strong. The monthly membership fee is 25 US dollars, which is really a black price.

This shows how expensive the educational resources in the United States are. Ordinary people and ordinary families really can't afford it.

Zhou Buqi persuaded Wen Zhixia.

Next, I will go to see Sister Zhenyu.

Recently, she is in New York, presiding over a series of financial audits, tax returns and stock sales of Pluto Capital and Neptune Capital.

Especially the sale of stocks, it is very important!

Because only by selling stocks can we exchange them for cash dividends to Boss Zhou.

Conservatively estimated, in the past year, these two major funds can bring more than 3 billion US dollars in dividend income to Boss Zhou. In order to get this dividend income, you must sell stocks and then re-divide the investor shares in the fund pool.

It is not an easy task to sell such a large amount of stocks.

Every year, Sister Zhen Yu has to spend at least half a month to operate this matter.

Zhou Buqi is only responsible for spending money.

This time, I came to ask Sister Zhen Yu for money.

When Sister Zhen Yu returned home in the evening, Zhou Buqi jumped out, "Sister, have you got the money?"

"Part of it, it will basically be operated by the end of the month."

"How much is it?"

"2.94 billion US dollars after tax."

"Yeah, that's good!"

Zhou Buqi is 100% satisfied.

Now, the debt pressure at home can be greatly reduced, and he has sufficient funds to allocate and use.

Zhen Yu looked at him with a smile, she was used to it, "You need money again?"

Zhou Buqi smiled and said, "Well, it won't be too much, 100 million or 200 million US dollars will be enough. You know YC Investment, right?"

"Yes, it's the famous venture capital firm in Silicon Valley."

Sister Zhen Yu's current job is focused on the financial field, so of course she knows the famous YC Investment.

Zhou Buqi said, "Recently I poached someone from YC Investment. I poached their newly appointed president, and I deliberately didn't go. Paul Graham, the big boss of YC Investment, is also a well-known figure in Silicon Valley. He finally found a successor, but I snatched him away less than two years after he took office. Let's pay a sum of money to repair the cracks."