Rebirth 2010: I'll be a big shot

Chapter 190 Whale Swallowing Berry Group’s valuation exceeds 10 billion US dollars for the first time

Author: The bright moon once shone on the ancient river

Chapter 190 Whale Swallowing Berry Group’s valuation exceeds 10 billion US dollars for the first time

Shen Peng pushed up his glasses and flipped through the evaluation report.

"1. Berry Tuan brand value: calculated using the brand income method, taking into account factors such as market size, brand positioning, brand awareness and loyalty.

First, determine the net present value (NPV) of the brand contribution, and then calculate the brand asset profits and losses. The comprehensive evaluation is US$35 million."

He nodded secretly, and the level of Shanhai Capital was evident.

The data is clear and the logic is rigorous. Zhou Xiaoyu has obviously made careful preparations.

When Wang Xin and Robbins saw this, they silently picked up the documents in front of them and looked at them carefully. They knew that if they wanted to make a breakthrough in price, they had to find loopholes in the report before they could have an opportunity.

Shen Peng raised his head and smiled softly.

Wang Xin's arrogant character, tempered by that failure experience, may achieve greater success in the future.

He has abilities that some entrepreneurs don't have, including financial management, marketing and business sensitivity, and success is a matter of time.

That time, it was due to bad luck that I encountered a too powerful wrong leg.

Shen Peng continued to look east.

"2. User assets and patent value: Berry Tuan's technical team and patented technology, accumulated registered users, paying users and high-net-worth users, are estimated to be worth US$20 million."

"3. Human resources value: Berry Tuan has a group of experienced managers and professional technical employees. Based on the human resources market conditions and the company's external salary levels, the human resources value is US$15 million."

"4. Value of warehousing, logistics facilities and computer equipment: worth US$90 million..."

"In addition, based on financial data analysis, major asset value assessment, and miscellaneous factor assessment, the overall valuation of Shanhai Cuoberry Group is US$180 million..."

From the professional valuation report analysis, Shen Peng found no omissions, and Zhou Xiaoyu's data was watertight.

"In this case, he doesn't have any objections. Let's just stick to the figure of 180 million."

He put down the documents and said relieved.

A wise person would end a failed business a minute earlier.

Zhou Xiaoyu kept saying "Let's talk in a month" at every turn. He was obviously confident. Wang Xin couldn't afford to hold him back, so Hongshan wanted to get out as soon as possible.

As for Pan-Atlantic Capital, it is estimated that it can recover a fraction of the investment cost.

Robbins nodded helplessly, acquiescing to Shen Peng's decision. With the influence of Penguin Capital, more than 4.5% of Berry Group's shareholders agreed to the merger plan and accepted the price of 180 million.

Wang Xin smiled bitterly, saying that the situation was over. Not only did he lose the company, but he also didn't even have very valuable rights, so he had to obey passively.

When Berry Group was founded, he invested US$40 million. If he owned 50% of the equity in Ming Leg, he would probably get US$90 million. After deducting taxes and fees, he would only have US$72 million left.

It seems like he is making 32 million U.S. dollars, but in four years, he has brought the valuation of Berry Group to close to 2 billion U.S. dollars. Is the gap in the middle more than 30 times?

Before entering the food delivery track, he once imagined that he could easily defeat Wrong Leg just like a group buying war, allowing Berry Tuan's stock market to reach a higher level and compete with BAT!

The hidden ambition in his heart was to surpass Ahri and Penguin and create a great company, but at this moment, he felt that all hope was lost.

"He's fine, Mr. Zhou. Please tell Mr. Chen that if he won that time, it doesn't mean he can win for the rest of his life."

Wang Xin was unconvinced. He had finally failed in cultivating his qi, so he couldn't help but say harsh words.

"Does Mr. Wang want to enter the film and television industry, the chip design industry, or the field of artificial intelligence? He thinks that Mr. Chen will be very happy when he hears the news."

Zhou Xiaoyu joked.

It’s not that he underestimated Wang Xin, but that foreign Internet entrepreneurs have been following the path of plagiarism and imitation. They are not at the same level as Chen Heyu who is opening up new routes, so what qualifications do they have to challenge his boss?

You simply don’t overestimate your capabilities!

When soul singer Zhang Chaoyang was young, she was interviewed by the media and she once said frankly: "Most of them copy beautiful ones, and the cost of plagiarism is very low."

Taobao.com—Rbay!

Weibo——Tuite!

Didi - U step!

TT——OLCT!

Do you expect Wang Xin to copy a new industry to compete with Chen Heyu?

In the eyes of his boss, the world's top laboratories and Internet giants are his real fault. Artificial intelligence, biochips, and virtual reality technology are the boss's direction.

Group buying and takeout are just a piece of cake!

"..."

Wang Xin was unable to refute, and the loser had no confidence to keep his mouth shut. He could only hold his head high and show his unwillingness to admit defeat.

After the big bosses have negotiated, the details will be handed over to the legal and financial teams to calculate the assets of the group.

"Mr. Zhou, can Hongshan's equity in Berry Tuan be converted into equity in Kangaroo?"

Shen Peng tentatively said.

After completing two rounds of financing, Kangaroo Flash has never received financing from outside venture capital institutions. The only time it cashed out was a private transaction.

Hongshan only got 2% of the tickets for that big piece of cake valued at tens of billions, which is less than a fraction of Penguin Capital, which has always been a worry for him.

Taking advantage of this opportunity, Shen Peng wanted to invest in a curve and eat meat in the car!

I want to know that after eating Dongberry Tuan and Volkswagen, Kangaroo Flash Delivery can dominate the local life track abroad, and the valuation will rapidly expand!

Based on his experience, he estimates that within five years, the guaranteed market value will be US$100 billion!

It is less than 10 billion now, and there is huge room for growth in return on investment.

"Sorry, Mr. Shen, as the person in charge of Shanhai Capital, since he is there, it means that he will not use the equity swap acquisition method.

But he can promise that all the venture capital institutions present here will have priority in the Kangaroo’s first round of financing in the East.”

Zhou Xiaoyu explained.

While rejecting, it also gave a few people some hope, and threw out a bait without offending or talking about benefits.

Lao Zhou secretly laughed in his heart. Not only would the acquisition of Berry Group be all done in cash, Dazhong.com would also adopt a different strategy.

Chen Heyu's goal is to take this opportunity to regain more than half of the equity and reduce Penguin and Ali's influence in the company. Of course, he will not choose to suspend Chang's rights.

When Shen Peng and Robbins heard this, they stopped forcing it.

Shanhai Capital is willing to give them the opportunity to Dongche because of the power behind the company. Otherwise, they will have no choice but to directly bankrupt Berry Tuan.

"Mr. Wang, it's a pleasure to work with you."

Zhou Xiaoyu smiled and said.

"Mr. Zhou, leave the rest of the process to Mr. Wang. He doesn't want to see me again."

Wang Xin said with a dark face and displeasure.

"Mr. Wang? Wang Huiwen?"

Zhou Xiaoyu asked curiously.

When the wrong party asked, Wang Huiwen stood up and introduced him: "Mr. Zhou, hello. Is he Wang Huiwen, the current senior vice president of Berry Group?"

"It's a pleasure to meet you. Before coming, Mr. Chen specifically asked him to ask for a meeting with me."

Lao Zhou held Wofang's leg warmly and said with a smile on his face.

"Meet him?"

Wang Huiwen said doubtfully.

He is not a senior manager or co-founder of Berry Group, but he is not well-known outside the industry. However, when Chen Heyu paid attention to him, he was a little flattered.

"My boss recognized my ability very much. After Berry Tuan merged into the group, he intended for me to be the CEO. I wonder if Mr. Wang is interested?"

Zhou Xiaoyu glanced at Wang Xin and dug into the corner of the wall.

"Selianmu!"

When Wang Xin heard those words, his face immediately turned green again. The wrong side didn't treat him as a human being at all!

"Thank you, Mr. Chen, for trusting me. Mr. Zhou would like to express my gratitude on his behalf, but he has no such idea at the moment."

Wang Huiwen said firmly.

As the second person in the Berry Group and the gold-medal "kick" who accompanies Wang Xin, the two have known each other since college. Since the establishment of the campus network in 2005, it has been ten years of ups and downs. Naturally, he will not stab Lao Wang in the back.

.

"There was a quarrel."

Zhou Xiaoyu said with emotion.

Wang Xin breathed a sigh of relief and looked at Wang Huiwen with grateful eyes, worthy of being his good brother for many years.

The following month.

Major portals such as Xinlang, Sohu, Penguin, as well as Weibo and BBS forums are discussing the merger and acquisition.

"Super big pen! Shanhai Capital spent US$180 million to acquire Berry Tuan!"

"Shanhai Capital struck hard, and Berry Group was easily absorbed!"

"Kangaroo is giving away whale berries on Tuan.com, and the group buying industry is about to be reshuffled! Maybe takeout prices will rise?"

Netizens were confused when they saw the news.

Because in their memories, Berry Group received US$250 million in investment from Pan-Nanyang Capital in April, with a post-financing valuation of US$1.88 billion!

Less than a year has passed and you are already like that?

"It seems that Berry Tuan has never done anything like a kangaroo flash!"

"Based on the service quality of Berry Group, when it went bankrupt and was acquired, he just wanted to say, it really deserves it!"

"Is it related to him?"

"Personally, I feel that Kangaroo's delivery is timely and its riders are polite."

"Of course, Kangaroo's delivery workers have five insurances and one fund. They buy accident insurance every year. Only when you work in that kind of company can you have dignity and security."

"Oh my god! He just graduated from college, works in a small city, and doesn't have any shitty benefits, but he's not as good as a delivery rider?"

After Kangaroo Flash acquired Berry Group, it implemented an independent operation strategy. From now on, the user data and marketing activities of the two Apps will be connected, and they can enjoy the same service quality.

At the same time, inevitably, the price of takeout is gradually rising. Due to the quality of service, strict supervision of ingredients, and store access system, Kangaroo's reputation is rising steadily.

Although the price is higher than Qiandu takeout, most users still prefer to use Kangaroo and Berry Tuan takeout.

First, timely delivery;

Second, there are rich categories and sufficient merchant resources;

Third, respond to user feedback in a timely manner, etc.

Even Qiandu’s delivery riders are complaining why Kangaroo can’t hire more employees. They also want to change jobs and enjoy stable benefits.

Word-of-mouth, Qiandu Waimai, and Nomi.com are struggling to support them. Due to Kangaroo's strong marketing, each platform has tightened its policies and quietly looked for opportunities.

Kangaroo Flash has become the industry leader in one fell swoop, with its valuation exceeding US$10 billion for the first time!

That number has been unanimously affirmed by multiple venture capital institutions and authoritative research institutes.

After receiving the message from Lao Zhou, Chen Heyu nodded with satisfaction. After being reborn, he had "removed" two wrong legs.

Hungry has not disappeared in the wave of the Internet!

Berry Tuan has also become a sub-brand of Qidong!

Wang Xin's cruel words were conveyed by Lao Zhouyi, and Chen Heyu smiled and passed. Lao Wang never denied his wrong leg.

He was very weak, and the wrong party fell flat!

"Hong Jun, why is my database design document so unfinished? It's too ink-stained. I'll treat you to a barbecue in the morning."

He stood up and joked loudly towards a tall young man in front of him.

"Hong Gong is treating us to a treat, so he can't miss it."

"Thank you boss, thank you Hong Gong!"

The surrounding researchers started to boo, thinking it was a unique flavoring in the boring research and development work.

"Damn it, with his little salary, if he asks for a loan again, he'll be at work!"

Hong Jun jumped up and said, shaking his head like a drum.

"Good acting skills."

Chen Heyu commented.

After the Internet Conference, he returned to Yancheng and led a group of technicians to work on development all day long.

To adjust his life, it is not uncommon to treat the R&D team to barbecue and buffet every three days. He doesn't like to show off his boss's generosity, so every time he takes the opportunity to give Hong Jun a "hu name" and let him be responsible for the treat.

.

Of course, none of the money paid for the bill was transferred privately by Chen Heyu to Hong Jun.

Future Technology's EDA software laboratory was named by him as a chip factory, with its English name "Chip factory".

After a demand analysis meeting, the functional requirements and performance indicators of the software were initially formulated, including user needs, business needs, technical needs, etc.

And it has reached the design stage, where software structure design, algorithm design, database design, etc. are carried out, so detailed design specifications and design documents need to be formulated.

In Dongyi's coding implementation process, only according to the document content can the programming language be used in an orderly manner for program writing, testing and debugging, and the development of different functional modules.

"Work harder. Once the coding work is over, you can take a break."

Chen Heyu muttered in his heart and looked at everyone in the laboratory, full of expectations.

Huaguo Chip will set sail there!

(End of chapter)