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Text Chapter 147 Valuation of 11181 (seeking order)

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    If it was placed half a year ago, Sony would definitely not have agreed to this cooperation.

    But today is not what it used to be. Even Sony did not expect that a technology company from Xiaguo, which has never been heard of, actually possesses mp3 decoding technology and chip production technology, and develops and produces mp3.

    The reason why they are willing to cooperate with Netac is because Sony decided to maximize their profits.

    Sony has seen that with the development of technology, more and more companies will develop products such as mp3 in the future.

    In this way, the price of mp3 will become lower and lower, and profits will be diluted.

    Instead of being beaten passively in the future, it is better to take the initiative now.

    Netac has flash memory technology, and Sony has an excellent production line of flash memory and mp3 decoding technology.

    The cooperation between the two will save a lot of patent fees and share the cost with each other.

    After that, Sony will continue to produce high-end mp3s to increase the added value of its own brand.

    Netac produces low-end mp3 players, quickly occupying Xiaguo's market at low prices and killing those potential competitors.

    With the cooperation with Sony, Netac's representative returned to Xiaguo, and brought back the mp3 decoder chip production line.

    It is expected that in a few months, Netac's new generation of mp3 will be launched. It can be expected that its cost will be cheaper than Lingyue's.

    Sony is also taking measures at the same time. It has begun to lower the sales price of mp3s in the Xiaguo market in order to gain more users.

    After all, when it comes to brand influence, Lingyue can't compete with Sony now.

    The cooperation between Sony and Netac can also be regarded as a feeding plan.

    Let go of the production of mp3 chips, so that some technology companies in Xiaguo can get mp3 chips very easily.

    In this way, there are not many companies willing to invest in the development of mp3 decoding chips.

    The core technology is still in the hands of Sony.

    However, neither Sony nor Netac thought that the strongest competitor of mp3 was yet to come.

    This is the United States, Apple's headquarters.

    At this time, Jobs also held Sony and Samsung mp3s in his hand.

    He is thinking about a question, if Apple is to produce such a product, how will Apple do it?

    It will definitely be made thinner and lighter by Sony and Samsung, and it must store more songs than them.

    Jobs began to design a new product in the future called the iPod.

    Liu Kewen, the representative of idg Xia Guo District Headquarters, and his team have already arrived in Jiangzhou.

    He took the initiative to contact Chen Xiao, hoping to meet Chen Xiao.

    Chen Xiao, who had just finished class, received a call from Liu Kewen.

    The other party was very polite and respected Chen Xiao's opinion very much.

    Chen Xiao thought that there was still class in the afternoon, so she said, "It's in the tea house outside Jiangzhou University."

    This location made Liu Kewen stunned for a moment.

    As the representative of idg Xia Guo District, Liu Kewen once led the investment in Internet companies such as Penguin and Baidu.

    The other side attaches great importance to every investment, and they always choose hotels with relatively high standards or meeting rooms within their own companies.

    But Chen Xiao actually chose the tea house outside the school.

    It's not that Chen Xiao doesn't pay attention to the cooperation with the id class, but that there is really nothing good about it.

    The best hotel in Jiangzhou is in Xincheng District of Jiangzhou City, which is nearly two hours' drive from the school.

    Chen Xiao's company location is too small, and the independent office cannot accommodate so many negotiators.

    Therefore, the tea house outside the school is the best choice.

    ? At 11:30 in the morning, Chen Xiao met Liu Kewen and his party in the private room of Yipin Tea House outside Jiangzhou University.

    Liu Kewen's team is huge, in addition to professional negotiators, there are also legal and economic representatives.

    After seeing Chen Xiao, Liu Kewen was still a little surprised.

    He has met many founders of start-up companies, and some of them are indeed younger, but there are almost none as young as Chen Xiao.

    The 11181 website was founded a year ago. In this way, Chen Xiao founded the website when he was in high school.

    First of all, Liu Kewen gave the 11181 website a very high evaluation.

    As a new type of navigation website, this kind of creativity is unprecedented, and its share is also very wide.

    Different from the network environment in the United States, the 11181 website is very suitable for the Internet eco-environment and users' online habits of Xia State.?

    Almost as long as Xia people want a portal website, the first thing they open is the navigation website.

    11181 portals have occupied most of the national market.

    After the two sides exchanged pleasantries, Liu Kewen directly gave his conditions.

    Liu Kewen's valuation of the 11181 website is 3 million dollars.

    idg is willing to invest 3 million meters to acquire a 30% stake in the 11181 website.

    Of course, because Baidu also owns the shares of the 11181 website, after idg settles in, the shares of Baidu and Chen Xiao will be diluted at the same time.

    Baidu will own 15x0.7%, equal to 10.5% of the shares, Chen Xiao will own 85x0.7%, equal to 59.5% of the shares, and idg will own 30%.

    Chen Xiao still has control over the company.

    The valuation of 3 million meters is much lower than that of Baidu or Penguin, but as an innovative Internet company, this valuation can be ranked among the top in the entire country of Xia.

    ? As a navigation website, it will not generate too much profit in itself, even if you do some advertisements on the webpage, the advertising cost will not be much.

    Moreover, in order to ensure the cleanliness and purity of the website, the advertising content is placed on the sub-page, so the profit of the advertising fee is not high.

    In fact, the technical difficulty of navigating the website is not high, anyone can do it as long as they want to.

    The reason why Chen Xiao's website was favored by investment companies was because he seized the opportunity and occupied the market as soon as possible through a series of operations such as Internet cafe management system and plug-in promotion.

    The most important reason why idg is willing to invest in the 11181 website is to value the drainage of the website.

    Among them, Baidu is the best example. At present, 40% of Baidu's traffic comes from the 11181 website.

    Once you have a traffic access port, everything that follows is easy to talk about.

    Chen Xiao's reaction made Liu Kewen a little confused.

    Chen Xiao was too calm, without the slightest feeling of shock or excitement.

    According to the current exchange rate, 3 million meters is equal to 24 million RMB.

    24 million, many people will not earn this much money in their lifetime.

    And with 24 million invested in the company, as long as Chen Xiao manages it seriously, basically he won't have to worry about it for the rest of his life.

    Chen Xiao smiled and did not answer this question immediately, but took out the laptop he had prepared.

    After he turned it on, he pointed to a program and said: "This is the latest program I developed. I think this will help the 11181 website to occupy more markets. Mr. Liu will take a look at this program before making your decision."
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