Chapter 404 Jin Gui’s Face
"Mr. Lei and I have a face?"
Xu Qingshan’s expression was strange.
In the early days of Xiaomi's establishment, industry insiders were actually conducting some preliminary assessments. At that time, Xiaomi's valuation should be around 200 million, and this was almost due to the high price given by Lei Jun and the group of capable people he had arranged.
As we all know, valuation does not equal real market value.
Especially for startups, this valuation is often used to brag, giving investors big pie and talking about ideals for users, and the main focus is to fool them.
Xiaomi was able to obtain such a high early valuation, although it was because of face, but in fact, this face refers to Lei Jun’s tough market strategies and marketing methods, as well as their ability to integrate resources by the large group of experts who have been certified by the market and the industry, as well as their abundant funds.
The valuation of US$200 million is understandable.
But now it has only been more than four months since Xiaomi was established.
What can I do in four months?
Even for a small beverage store or a small stall vendor, you may not be able to make a profit, let alone for a company.
Xiaomi is a company that shouts slogans to be a mobile phone for domestic brand enthusiasts. Making mobile phones is not a career that will see results in a short period of time. What's more, the mobile phones Lei Jun wants to make are still in the direction of technology and enthusiasts in terms of concept.
But the capital market still gave the answer, with a valuation of US$800 million.
In fact, what Qiu Jing said was still conservative. "Actually, Mr. Lei said that the valuation growth of $800 million is highly likely to be caused by the Riemann conjecture after you went to India to win the Fields Medal this time."
"No? What does it have to do with the valuation of mobile phone companies if I win a math award or proven math problem?"
Even if Xu Qingshan understands business well, he still doesn't think that winning a prize can make the company's valuation directly double? Then what else can I invest in? Isn’t it enough to just win the award?
Uh.
It seems that for normal people, it seems that it is much more difficult to win awards all the time than to succeed in starting a business.
After all, in addition to strength, such as entrepreneurship, sometimes it is also a coincidence, and luck cannot be stopped. When the wind blows, even a pig will be blown to a high place by the wind.
But mathematics is different.
No, it’s really not. If you blow a hundred times of level 8 wind, you still can’t solve it. "Boss, why don't you ask Mr. Lei for this?" Qiu Jing's voice was so embarrassed.
Although she is currently the investment manager of Xu Qingshan and she is basically in charge of Qingshan Capital, she adds the working capital to value. However, whether it is the core business of Xiaomi and Meituan, whether it is the initial investment or signing a contract, Qiu Jing will at most accompany her to sign a copy.
She really didn't know about the specific matters.
This time, Wang Xing and Lei Jun were worried that they would disturb Xu Qingshan, so they just contacted her for a while.
After all, in their opinion, Qiu Jing belongs to Xu Qingshan's direct descendants, and the frequency of contact with Xu Qingshan is definitely higher than theirs. "Okay, I'll ask, but we'll follow up on the angel rounds of Xiaomi and Meituan, so the funds should be enough, right?" Xu Qingshan also thought of this and spoke.
"Our funds are quite sufficient. The construction of Qingshan University has not started yet. General Engineer Jiang said that it is still in the planning and design stage, but our fund has reserved enough cash flow to deal with the first phase of construction. Don't worry, there is no problem following up with the Angel Round." "Okay, by the way, how is the situation with Huang Zheng?" After the party, Xu Qingshan originally had an appointment with Huang Zheng to talk in detail about the future entrepreneurial path, but Huang Zheng still attaches great importance to the current projects he has in his hands. He has no plans to start Pinduoduo for the time being, and Xu Qingshan cannot guide the other party too subjectively.
I can only ask Huang Zheng to leave a contact information. If the project he currently needs to be invested in, Qingshan Capital can also provide some help.
Let Qiu Jing pay attention from time to time, which can be considered as building a good relationship in advance and cultivating feelings, so that she can become the first batch of angel investors at that time.
In fact, Xu Qingshan had thought that he would set the direction himself and make things like Pinduoduo and Douyin first.
But he knew more clearly: First of all, he did not have so much energy to control the direction of business. Secondly, there are many possibilities and accidents in the entrepreneurial path, which does not mean that you have seized the opportunity and master the correct direction in the future, and you will definitely be able to laugh to the end.
Many industries in China already have specific cases to refer to, and even the pioneers are likely to be the strongest.
Whether it is Douyin or Pinduoduo, there were not no competitors with the same positioning and development in the early days of their establishment, but they were able to laugh to the end. Xu Qingshan believes that the biggest factor lies in the ability and luck of the founder and founding team.
Yes, luck.
Perhaps this is a bit too metaphysical and fatalistic.
But Xu Qingshan does not intend to disrupt the normal development order of some things for his own ideas, as this will cause disorder to his future predictions and backbone.
After all, the butterfly effect is inevitable.
Just like the international status of mathematics in China now, compared with the original time and space of the same time line, it has changed a lot.
Xu Qingshan and Qiu Jing had a conversation for a while and agreed to meet at Longjiang Base tomorrow. After thinking about it, he sent Lei Jun over.
"Qingshan, congratulations on winning the Fields Medal! It's true."
The Lei Army's phone number has been answered. Before Xu Qingshan could say hello, the Lei Army said verbally.
That excitement was like he won the award himself.
"Brother Wang, don't say those polite words. Qiu Jing just called me to talk about the financing. Has the angel round really raised 800 million?"
"Oh? Qingshan, have you not read Weibo recently?"
Lei Jun instead asked Xu Qingshan. "It's too noisy outside recently and the Internet is too lively. I can't even watch it, so I just stay at home." Xu Qingshan smiled bitterly.
Did he not watch that? I can't see it at all, and I can't reply to the news as soon as I pick up my phone. How can I have time to pay attention to my own evaluation?
But he has been surfing on the storm many times, and he can expect that scene.
"But what Weibo is supposed to be discussing the Fields Medal and Riemann's guess? Actually, it's just that after discussion. I'm afraid that I'll be mentally inflamed if I read too much."
"No wonder, it's not about the mathematics awards, but you were poached by netizens as the chief scientist of our company. Now Xiaomi's popularity has risen with you."
Lei Jun's Mandarin spoken and made Xu Qingshan stunned.
He now knew the reason for the surge in Xiaomi's valuation.
If Meituan is being noticed by the capital market because of its complete company scale and excellent market development capabilities, then Xiaomi is being noticed purely because Xiaomi is now strongly bound to Xu Qingshan.
It is already quite reliable to have an excellent helmsman like Lei Jun. If you look closely at Xiaomi's current core team and executives, this level of trust will be infinitely higher.
Having inside and outside, all kinds of versatile players and experts, a future and landing, it can be called an all-round team. With such a team foundation, it is only a matter of time before this company wants to develop.
And in the default rules of the capital market, the degree of public attention of a company is that the so-called traffic heat itself is also part of the company's valuation.
Especially, companies like Xiaomi that are directly targeted to consumers, traffic and popularity will affect the company's product sales and online public opinion basis to a certain extent.
This also creates the so-called "prime face".
There is no doubt that Xu Qingshan is the most popular and most popular personal IP in China now.
Maybe the mainstream society is not very good at mentioning the concept of IP, let alone personal IP.
But the capital market that has always been at the forefront of society and relies on its vicious sense of smell to make gold everywhere. They have already noticed what Xu Qingshan's continuous growth of personal influence might bring.
Xiaomi's own technological attributes have a strong compatibility and correlation with Xu Qingshan's identity.
They have reason to believe that in the future, Xiaomi will be able to rely on the keyword "technology" to have its own place in the mobile phone market.
They have the courage to take advantage of this part of the investment.
"Brother Wang, please tell me the truth."
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Xu Qingshan thought about it and suddenly spoke again.
"Is it related to you this time that Xiaomi has a strong relationship with me?"
Xu Qingshan's tone was not strong when he asked this, but Lei Jun on the other end of the phone suddenly started to sweat on his forehead. "Qingshan, you know me." Lei Jun said immediately.
"You have received such a high honor this time, and it is definitely a good opportunity. However, marketing still has to be in order. We have to make this wave of popularity reach its highest point. We will announce it ourselves to have a better conversion rate. This time it has nothing to do with me. If Xiaomi really needs you to help with marketing, it will definitely communicate with you in advance."
He sweated on his forehead because of nothing else, he was simply worried that Xu Qingshan would not want to have a strong relationship with Xiaomi.
After all, when they signed the contract, they did not ask Xu Qingshan to come out and stand up for Xiaomi.
Some of them, scientists, are quite fond of their feathers and do not want their reputation to be ruined in business.
If Xu Qingshan has an objection, no matter how Xiaomi deals with it, this wave of valuation will definitely have to be dropped.
"Mr. Don't worry, brother. I'm not asking you."
Xu Qingshan smiled. "I mean, we can send an official announcement. Didn't Xiaomi take a group photo when it was founded? Instead of letting others dig it out by themselves, we should admit it generously, and your operation on social media should have almost started." Xu Qingshan gave Lei Jun a small opinion.
"Our Xiaomi's product route is for technology enthusiasts, but the price route is for the people-friendly, so the Internet is our natural position. Whether it is Xiaomi's official Weibo or Brother Jun's personal Weibo, it is very suitable for more fans who follow us. Xiaomi has the potential to be a fan economy."
"It is also more down-to-earth when operating, and it should be like daily chatting with family and friends, and it is not the same as when chatting with us every day. Let’s talk about the original intention of our Xiaomi, and send out our entrepreneurial experience. We will synchronize our current R&D stage and steps to allow them to participate in the production process of mobile phones. What I mean is not to let you reveal the key technologies and appearance of our mobile phones, but to use text and some pictures with strong suggestiveness to make fans feel involved. At that time, most of them should be willing to pay for their participation in the mobile phones."
"As for my identity, I was originally the chief scientist of Xiaomi, and I was also a major shareholder and investor. Marketing is nothing, but brother, don't forget that you are the most core founder of Xiaomi, don't put the cart before the horse."
Xu Qingshan would not mind that Xiaomi had strong relationships with him, but he would not only strong relationships with Xiaomi.
His situation is different from Lei Jun.
Ren Laozhi to Huawei, Lei Jun to Xiaomi, Ding Sanshi to NetEase, Ma Yun to Alibaba, and Dongge to JD.com are all typical representatives of strong relationships between individuals and enterprises. A great company will inevitably give birth to a world-renowned leader.
But even if Alibaba breaks out, it will not affect the reputation of SoftBank and Masayoshi Son.
This is what Xu Qingshan wants.
He won't have only one Xiaomi in his hand.
As for reputation, Xu Qingshan himself doesn't care much about it. Not to mention that although Xiaomi does have something worth criticizing in the future, it does not affect its becoming a top company.
For an investor, the biggest failure is that the company cannot grow and its own investment cannot increase value, and reputation is not.
As for whether you will get dirty with your feathers.
Xu Qingshan didn't care even more.
As long as you are still alive, you can still make breakthroughs in scientific research and make contributions to society and the country, those rumors will naturally be self-defeating and harmless.
Besides.
After Aoyama University was established, I would not know whether these behaviors would be interpreted as great personalities.
People don’t need to care about temporary gains and losses.
Lei Jun was particularly interested in the online marketing plan that Xu Qingshan mentioned. Xiaomi’s plan route is also an online position. He pulled Xu Qingshan to chat for a while.
When the conversation was over, Xu Qingshan came back home and started cooking after he was free, and suddenly realized a problem.
Don't talk about other industries that are still growing golden eggs.
Just investing solely on Xiaomi and Meituan, the original $25 million was, in just 4 months, even if it slightly suppressed the actual valuation, it had soared to more than $150 million.
It's really profitable.
No wonder when we finally started a business, we went towards financial investment.
Dancing money in your hands, asking others to help you work, sitting at home and enjoying the fruits of your own, and enjoying immeasurable profits is really the life of everyone in their dreams.
Just.
He is different from those capitalists who only pursue personal wealth.
He has his own goals and ideals.
He made money in order to better realize his ideals and provide greater support for China's scientific research and technology development.
The financing went smoothly.
Not only Xiaomi caught Xu Qingshan's popularity, but even Meituan took advantage of the traffic and raised some valuation under Xu Qingshan's instruction.
Xu Qingshan is really successful in monetizing traffic, and is also one of the pioneers of the Internet celebrity economy.
(This chapter ends)