Rebirth in the Perfect Era.

Summary

Li Mu proposes a $17 billion starting valuation for Mu Ye Ke Ji, which is higher than Hong Shan's bottom-line price of $16.5 billion. Using an elaborate metaphor about jade stone gambling, Li Mu explains that business valuation is similar to evaluating raw stones - there are always hidden values and risks. He suggests that while current assessments might seem high, he is willing to progressively "open windows" to demonstrate the company's potential, inviting investors to re-evaluate as more information becomes available. The negotiation highlights the complexity of startup valuations and the strategic positioning of both parties.

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