Internet 2010

Chapter 357: Retrospect and Outlook

It was only the third day of the Lunar New Year, and this year was more boring than previous years.

Without Zhang Xiaolong's appointment, I couldn't go to the company too diligently.

Lu Zhou sat on the sofa and watched the two "little caterpillars" on the ground squirming happily. Is this child in the month when he can crawl and turn over? He is still very energetic.

Throughout the second half of last year, Ye Qingchen had been spending time preparing for the postgraduate entrance exam, but recently the results came out, and she didn't pass the exam...

The daughter-in-law was very resentful, but Lu Zhou felt that it was normal to fail the exam. After all, the inter-professional exam was easier said than done. It's just that he didn't pass the exam. Ye Qingchen had to find a place to work as an intern. Lu Zhou thought, it's better to be attached to his body.

When she was on vacation a while ago, Ye Qingchen had finished her test anyway, so Lu Zhou asked her to sign up for a driving school. He was thinking about going back and buying a car. No matter how old the child was, if he had to go to work sometimes, it would be more convenient for Ye Qingchen to drive.

On the first day of studying at the driving school, the coach came to Xinghui Garden to pick up Ye Qingchen for class. I don't know if the other students were afraid that the coach would be too aggressive or what. Anyway, the seat was reserved for Ye Qingchen as a co-pilot.

"Coach, what is this?"

"brake."

As soon as he drove out of the traffic light intersection at the corner of Xinghui Park, Ye Qingchen gave the coach a foot brake...

Lu Zhou listened to Ye Qingchen's description afterward, but he was laughing out of his breath anyway.

Ye Qingchen looked like she was wearing sunglasses, "I, Ye Hailong, have been a coach in a university town for five years! This is the first time a student dares to step on my brakes..."

She continued, "At that time, I really wanted to hit the car in front, so I stepped on it. In the end, the coach beat me up anyway, hitting Ni*ma ~ a hundred and eight thousand miles away."

In addition to this, the Highlander at home has been suffering recently. Lu Zhou accompanies Ye Qingchen recently after get off work to practice reversing for her. Is this Ye Qingchen reversing the car and rolling into the flower trough?

"It's also a long way to go!"

Right now, Ye Qingchen and Wang Fang are busy in the kitchen, and Lu Yong doesn't know where to go.

Lu Zhou got up from the sofa, moved the two babies, and then went to the study to get the tablet.

Throughout the development process in 2011, all companies in Dream Valley have already released statistics a few years ago. It’s just that most of them are superficial, and in previous years, they usually have to meet and summarize after the year. Mengguang's is even more troublesome, because it is to disclose the financial report before listing.

Lu Zhou sat back on the sofa again, watching Meng Guang's message.

As early as the first half of this year, the total revenue of Mengguang's main business reached 400 million. After the second half of the year, Mengguang's revenue doubled directly to an astonishing 800 million. The annual revenue is 1.2 billion, which is 6 times the revenue in 2010.

In the first half of the year, the cost was 350 million, which directly resulted in a profit of 50 million at that time. But in the second half of the year, the cost was only slightly increased to 400 million. So for the whole year, Mengguang's profit in 2011 was an astonishing 450 million.

So, to be honest, Mengguang's pressure is the smallest among several companies. Even the B round financing does not need to be spent on yourself, and you can easily pay 100 million to Chuangmeng, and 100 million to Menggu to pay.

Looking at the column of Mengguyun again, the situation is far from ideal.

For the part that has been completed in the Guangnan data center, Menggu Cloud has already invested 200 million yuan, 100 million yuan for construction, and 100 million yuan for newly added machinery and equipment.

In the overseas expansion, the four nodes in Southeast Asia, the United States, Europe, and Africa have already allocated 400 million yuan.

Right now, the Guangnan data center is still 200 million yuan away, and the northern data center is still 400 million yuan away. As for the ultra-large data center expected to be built in Binhai? That seems to be out of consideration for the time being.

Menggu Cloud’s revenue in the first half of the year was 500 million and in the second half was 1.2 billion. The burden of the growth rate at this time is already a bit reluctant, and if there is more, it still needs to wait for the Guangnan data center to be put into operation one after another.

As for WeChat, it is still in a state of loss from beginning to end. After all, as far as WeChat is concerned, developing the user base is more important than making money.

WeChat also raised hundreds of millions of funds during the Spring Festival last year, and the flow of funds is clear, which is nothing more than the marketing expenses during the Spring Festival and the channel fees paid to the channels.

In September 2011, WeChat raised nearly 300 million yuan, which was mainly used to pay off Mengguyun's arrears, and the rest was marketing expenses during a large number of activities. There is still a lot of money in the company's book, which is to be used for various promotions this year.

In December, I also raised a sum of money, but at that time it was a special financing to pay for the acquisition of whatsapp. The money was not hot anyway, and it was paid directly to Qom and Acton.

Seeing almost, Lu Zhou put the tablet aside, and then moved the two babies.

He just sat beside the two of them, leaning back against the coffee table in a daze.

If there is no accident, this year, Huaxing, which is Baojuan, will be able to obtain the underwriting qualification of Xiangjiang IPO and start its investment banking journey.

Menggu Advertising has already reported two fiscal years this year. In the first year, it was a slight profit, and in the second year, it turned to a profit of 450 million. Wait until the beginning of next year, and the three-year report will be ready. Of course, this is based on the existing listing history of the company, which is almost as fast as lightning in three years.

Lu Zhou thought to himself, considering the current profit of Menggu advertising of 450 million, this is about 70 million US dollars. If the market gives ten times the price-earnings ratio~www.readwn.com~ Mengguang has a profit of 700 million US dollars The valuation is also reasonable.

You know, Mengguang’s valuation at the B round was about $400 million. As far as the current level of revenue and profit is concerned, this has far exceeded the expectations given by the institutions.

As for choosing to list on A-shares, it is not realistic for Mengguang's current situation. Although Mengguang is profitable every year, and because the equity is relatively concentrated, it does not adopt the design of AB shares, but if it really wants to be listed on A shares, it will take a lot of time and cost to clear the institutions that came in in the early stage and dismantle the VIE. Although this market is still more favorable to Internet companies? You can easily give a 100 times price-earnings ratio.

Lu Zhou smiled, thinking about it. For now, Xiangjiang and Nasdaq are suitable for Mengguang.

According to Lu Zhou's plan, Mengguang will invest another round at most this year. To be honest, there is nowhere to spend the money that comes in. Most of them can only be thrown into the Dream Creation Fund, which will invest in various types of investments. A company within the Dream Valley Ecosystem.

It’s okay to rely on Chuangmeng’s team and Lin Xin and himself to go to the market to find money, but Mengguang has a lot of money, so it’s better to use money to make money.

"Eat!" Ye Qingchen shouted in the dining room.

After Lu Zhou heard it, he directly picked up the two small caterpillars on the ground and put them on the crib in the bedroom one by one.

The challenge of 2012, it can not be simple.

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