My rebirth is different

Chapter 430 Mr. Hu's Small Abacus

More than 100? !
Yu Wenfei was also surprised, these people were ruthless enough!

I don't know how many leeks have been harvested from the stock market, and how many stockholders have lost everything, but these have nothing to do with him.

"Then congratulations to Mr. Hu for getting rich." Yu Wenfei laughed.

"Blessed by Boss Fei, haha..." Boss Hu smiled happily, probably making a lot of money.

"Where is Mr. Fei going?" He asked again.

"School is on holiday, go home for the New Year, my hometown is from Zhongyuan Province." Yu Wenfei replied.

Mr. Hu suddenly realized that he had forgotten that Yu Wenfei was still a college student.

"President Hu, is this...?" Yu Wenfei also asked.

"Hey, it's the end of the year. Why don't you go to the capital while there are still a few days before the year? In my line of business, the end of the year is the busiest time, and all relationships have to be maintained. I really envy Mr. Fei like this Those who work in the Internet industry are free and at ease, high-tech companies are supported by the government, and they don’t need to look at anyone’s face.”

Mr. Hu said enviously, obviously, he also knew about Yu Wenfei's work on Facebook.

He was right. In traditional industries, especially when he is still engaged in import and export trade, the relationship between people is very complicated.

At the end of the year, incense will be burned in both big and small temples. If any one is missed, you will have good fruit to eat later.

In contrast, the Internet industry does not have this trouble.

As long as your website or product is well done, and as long as users like it, your business can grow rapidly.

There is no need to go to the bank for a loan, not to mention that there is no way to get a loan at all. All the money is spent on venture capital. It only creates job opportunities and does not cause trouble for the government or pollute the environment.

Such green and high value-added industries are naturally welcomed by the government.

Yu Wenfei smiled, but did not answer. Although the Internet is good, not everyone can succeed in this industry.

Traditional industries and the Internet each have their own advantages.

In traditional industries, countless companies and factories can survive in any subdivision of the industry. The Internet is completely different. The Internet pays attention to the winner takes all!

The second child will live a tight life, but the third child will not be able to live.

further back?
In the future, no one will pay attention to the life and death of the enterprise, so one can imagine how miserable the result will be.

…………

Mr. Hu looked at Yu Wenfei's face, and his thoughts changed sharply.

He came here to strike up a conversation this time, but with a purpose.

Ever since he took over Yu Wenfei's stock and made a lot of money, Mr. Hu has started to pay attention to this big boy.

Having been in business for so many years, Mr. Hu has seen too many people.

Those who are scheming, those who are young and promising, those who eat and drink, those who are righteous...etc.

But this is really the first time he has seen Yu Wenfei like this.

First of all, Yu Wenfei's age is too young, but correspondingly, his achievements are too great!

At the age of 19, he became a billionaire with a net worth of hundreds of millions. Such a person is extremely rare, but Mr. Hu has seen it before, which does not surprise him too much.

However, the billionaires Mr. Hu has seen who are about the same age as Yu Wenfei, or even younger, are incomparable to Yu Wenfei.

Obviously, Yu Wenfei started from scratch and came from an ordinary family. He has come to this point in just two or three years by relying entirely on his own efforts.

The other ones he has seen are all kinds of "second generations". They don't need to work hard to earn money. If the parents take care of them casually, the money will automatically go to them...

Therefore, among all the people he has met over the years, from a business perspective, Mr. Hu believes that Yu Wenfei in front of him has the most potential!
The Internet industry has also started to recover this year. Seeing that Yu Wenfei's Facebook is booming, Mr. Hu is tempted.

Mr. Hu's business is quite complicated, as long as it is profitable, he will get involved, such as import and export trade, and real estate, he has done it.

He even set up a few large fruit wholesale markets and clothing wholesale markets.

But in the Internet business, he has no chance to participate.

In the past few years, Hu was always not optimistic about this industry, thinking that this kind of enterprise relies on how to make money. He invested tens of millions or even hundreds of millions in it, and he didn't even see a single splash.

However, several Internet companies in China were successfully listed on Nasdaq, which changed his view.

Only then did Mr. Hu discover that there is still such a way to play!
The company does not need to make money, even if it loses tens of millions or hundreds of millions of dollars every year, it can still go public, even in the United States!
And once the company goes public, the money invested in the early stage will be earned back dozens of times and hundreds of times!

The speed of making money is simply incomparable in traditional industries...

In a traditional industry, he has worked hard for so many years. He has tens of thousands of employees. He is a real estate development company and a large wholesale market. People with "strength" still pretend to be inferior to their grandsons.

Just like that, his current net worth is only 30 billion.

Compared with those Internet upstarts, it's a bit shabby.

People made money easily by standing up, not only made money, but also won reputation.

Look at the CEO of Sohu, NetEase, and Baidu, he is respected everywhere he goes, and he also gets mixed up with deputies to the National People's Congress, members of the Chinese People's Political Consultative Conference, etc. It is really beneficial to be famous and profitable.

As for himself, at best, he is an upstart with mud legs.

But if he was asked to start an Internet company by himself, Mr. Hu really didn't dare to start, because he didn't know this business.

In the eyes of outsiders, anyone who can play the Internet is a real "superior". This thing is high-tech, and ordinary people cannot touch it.

It doesn't matter if you don't dare to do it yourself, Mr. Hu has his own ideas, so investment is fine.

Don’t Internet companies have to frequently raise investment before listing, what kind of angel rounds and ABC rounds of investment? If you find an opportunity to invest in an Internet company that is expected to go public, you can also make a lot of money.

So, he thought of Yu Wenfei again!

He is very optimistic about this young man, and the Facebook he is running now is also doing well, and it is said that it has already belonged to a large domestic first-line website.

Originally, I wanted to find an opportunity in the next year to pay a special visit to Yu Wenfei to talk about investment.

As a result, it just happened to happen this time, and Mr. Hu wanted to take the opportunity to mention this matter.

…………

"Um... Mr. Fei, I heard that you're doing a good job on the website now, right?" Mr. Hu asked tentatively.

"It's okay, small troubles are incomparable to Mr. Hu's big business." Yu Wenfei replied with a smile.

"President Fei, you're welcome! Yours is really a big business, and I'm just a small business. To be honest, Lao Hu, I also want to follow the trend and invest in Internet companies. Isn't this industry called a sunrise industry? , haha..." Mr. Hu laughed boldly.

(End of this chapter)