Washing Thai flute: Valuation doubling times a monthdark horse, she said: in July 2014, the Thai flute won several ten million yuan RMB Wo origin A round SALOMON of financing, the valuation of less than 100 million yuan. August of that year, washing Thai flute and finalized by the lead investor Sequoia Capital $ 10 Million Class B round of financing, the valuation of less than $ 100 million, increased sixfold. Jazon field admits C round valuations still doubled. Wen | washing business staff reporter Cui Jing from Shanghai Jazon field is started. At that time, Changning District days twenty thousand mountain district where a family is Yao and his brother pilot users. Yao did not expect to Cheap Nike Free Outlet make the first issue printed dawn washing Thai flute of 200 business cards, the next day there are customers find the door to the laundry. They are excited about the day and the night of the 2000 business cards printed, almost filled the streets. He therefore believes that this is a tricky business. People have a lot of time at home one day, while washing the needs of the market is more likely to downstairs laundry scene shifted to the home consumer. Yao is a serial entrepreneur who founded the first time in the industry, some well-known advertising Bain, did a second student who target P2P projects in the angel round to sell too many shares so that the project abortion. Washing Thai flute was his third start, beginning no money, he lived in his own house as a liquidity warehouse, and brother two people do business, a person to listen to telephone, send another single, a dozen a day single business has been done for six months. Prior to June 2013, Thai flute single Nike Kobe VIII volume is not high, they did a few months to push large-scale, non-stop distributing leaflets in the cell door, still on the market constantly test: The door is not the time favorite guests the price is not the most concerned about the guests, as well as how to control the quality and Air Jordan Outlet other aspects laundry. Throughout the laundry chain, logistics and Reebok CL Chi Kaze distribution is the only way to do business Thai flute. When the user orders, the Thai flute delivery staff pick clothes, the clothes to the nearest transit warehouse, and then by the route logistics staff from the warehouse to the laundry facility. Thai flute also developed a delivery scheduling system, resolve and single, single, and even send a single originating in Kongshi and other issues, according to route delivery staff only need to pick it. Jazon field and no self central washing plant, choosing instead to work with local washing foundries. Thai flute developed Nike Air Max 2011 an IT system, designed for various service sectors standardized assessment indicators. The IT system needs washing plant control system and docking, to facilitate Thai flute for service process and quality control, supervision. July 2014, the Thai flute won several ten million yuan A round of financing yuan Wo origin, the valuation is less than 100 million yuan. August of that year, washing Thai flute and finalized by the lead investor Sequoia Capital $ 10 Million Jordan CP3 VI Class B round of financing, the valuation of less than $ 100 million, increased sixfold. Jazon field admits Nike Air Max C round valuations still doubled. However, ECapital founder Ran Wang opinion, valuations turned so many times is not necessarily a good thing. He referred to the VM index, V is the valuation, M is the number of months. VM index refers to the difference between the valuation multiples of the current round of financing during the previous round (round of vote before the valuation / wheel after administration valuations) divided by the number of months between the interval rounds (round is expected to sign with the front wheel month calendar Nike KD VI Elite months between the delivery month), while the VM index generally should not exceed 0.5. Even recognized valuation soared fastest millet between A and B round round VM index up 2.1 (interval of two months, the valuation has gone up more than four times), 10 months after the VM index C round It has dropped 0.4,12 months after D round VM index fell to E round 0.2,16 months (is the recent $ 45 billion) of the VM index rebounded to around 0.3. Currently, the high valuation is now the industry is a common phenomenon. VM index market Jordan CP3 VI most of the projects are more than Nike KD 7 Womens 0.5, because the project has several star project millet, we all expect that they should be high valuations that project. Ran Wang believes that as long as the valuation is within a reasonable range, if not a star item, even if it is the growth of so-called project still can get the money. The question now is too many items to see themselves stand on the position of the star items. Entrepreneurs are born optimist, so will overestimate themselves. In Jazon field view, the valuation of Internet projects from day to day. \u0026 Ldquo; We are now four cities a day, for example, is ten thousand single-volume orders, it may become the next week in six cities, one day single volume of 20,000 single value is sure to be much higher, this is not inflated. As to whether there is the valuation is high, to see the will of both parties. If investors pay, the valuation established. \u0026 Rdquo; Thai flute get the B round of financing, from the end of 2014 so far, the market expanded from Shanghai to Beijing, Suzhou and Nanjing. Jazon Field told the 'entrepreneur' correspondent, this estimate would cover all second-tier cities. \u0026 Ldquo; We did the client, push and operating three systems, service unification, standardization, the price Nike Air Max 2014 1234 is localized, basically 14 working days to be a Nike Lebron 11 Kid city shop. \u0026 Rdquo; Nike Air Max 2013 in the Thai flute expanding market, another company Rongchang e O2O laundry wash bags also expand the market from Beijing to Shanghai, Shenzhen, Tianjin and other Nike Air Jordan 10 cities. Almost simultaneously, Rongchang e wash bags SIG announced the acquisition of Matrix Partners and a total of 2,000 million dollars in the A round of investment, its chairman Zhang Rongyao told the media, ready to use three or four months to burn 100 million yuan to subsidize the users to change their spending habits. Change user habits is right, get high valuations when financing is certainly correct, but too early estimates would affect the company's follow-up financing, which is the capital of foam in the last year of financing start-up companies should be more think about things. Disclaimer: The author Jing Cui, edited by the i dark horse; articles for independent authors do not necessarily represent views and positions i dark horse. Welcome to reprint, please contact zzyyanan authorization before reprint. Unauthorized Bhd. 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