Chapter 490
The pursuit of wealth is human nature.

In the past few years, as the spring breeze of domestic reform and opening up has blown across the land of China, people's desire for wealth has long been no longer hidden, but expressed openly.

Being rich has also begun to be regarded as a sign of success by everyone.

So, at the age of 19, Yu Wenfei has a net worth of 32 billion U.S. dollars. Is such a person considered successful?
no doubt!

This is not just a concept of success, it should be considered a huge success!

Before the outside world reacted, in Yuwenfei's "base camp", that is, Jiaotong University, Facebook was valued at 40 billion U.S. dollars, and Yu Wenfei's net worth was more than 30 billion U.S. dollars. This news has already caused a "carnival" among the students.

Over the years, Jiaotong University has received more and more budgets every year, and the school's academic rankings have also become higher and higher.

But in other respects, there are not many achievements that can be achieved.

There are few distinguished alumni to brag about, whether in politics or business.

As for that one, they are all graduates before liberation, and the school is too embarrassed to brag about it, although he has indeed taken care of Jiaotong University a lot over the years.

It feels like Shen Nanpeng is the one who can make a move in the business world.

However, Shen Nanpeng is not the "No. [-] venture capitalist in China" yet, and he has not established the "Sequoia China Fund" with Sequoia.Now he is still immersed in his Ctrip and Home Inns, and he is still advocating his "mouse + cement" model.

Of course, Ctrip hadn't been listed in 2003, and Shen Nanpeng's net worth was not high, so he was not considered a bigwig in the business world.

What's more, he doesn't own many shares in Ctrip.

When Ctrip was first established, Shen Nanpeng had the opportunity to get more shares, but he was conservative in character because he was a mathematics student. In the end, he only contributed 60 yuan, accounting for 40.00% of the shares.At Ctrip, he only serves as the chief financial officer, and he can be regarded as the second person.

With several rounds of financing, when Ctrip went public, his shares were pitifully small.

This is why he later left Ctrip and turned around to become an investment bank.

…………

This situation has caused Jiaotong University to feel aggrieved from top to bottom.

Obviously the school is very good and rich, but it is still looked down upon by other famous schools.

In Shanghai, Fudan is firmly suppressing Jiaotong University. Fudan students unconsciously have a sense of superiority in front of Jiaotong University students, thinking that they are superior.

When communicating with each other on school forums, Fudan has the upper hand.

Now that there is finally something to brag about, the students of Jiaotong University couldn't hold back, and directly "bloomed" Yu Wenfei on the forum.

"Yu Wenfei is a business genius! Is there anyone who disagrees? I declare that from today on, Yu Wenfei will be the only idol in my heart!"

"No, a business genius is not enough to describe a person like him. It should be said that he is the best business god since the founding of the People's Republic of China! He is only 19 years old and has earned tens of billions. Did anyone dare to think about it before? I'm afraid everyone I didn’t even dare to think about it, but now Yu Wenfei can do it!”

"Facebook will become the Internet company with the highest market capitalization in China in the future. I think neither Sina nor Tencent has more potential than Facebook. Young people nowadays, who doesn't know Facebook? Is there anyone who hasn't signed up for Facebook?"

"My dear, a net worth of 32 billion US dollars... how much is this. I remember that the wealth of the richest man in China last year was less than one billion US dollars. Is our school going to produce a richest man in China?"

"No problem, not only this year's richest man, I feel that for many years to come, Yu Wenfei will be the richest man. No one else should even think about it!"...

As for the girls, they are obviously more excited because they are all "cousins".

SJTU students have heated discussions on their school forums.

Of course, the campus networks are all interconnected. On the forums of Jiaotong University, not only students from their own school, but also students from other schools often come to "stop in".

Seeing so many posts bragging about Yu Wenfei, students from other schools feel a little uncomfortable.

The first ones to jump out, of course, are Fudan students. They have always felt that their school is better than Jiaotong University, and they have a sense of superiority. But now such a good person has come out of a school they "look down", and they feel uncomfortable psychologically. up.

Someone wrote a post, intending to pour cold water on the students of Jiaotong University to calm them down.

"Yu Wenfei is really good, but you guys are overblown. I'm a finance student, so let me spread some knowledge to you. That is, Yu Wenfei's current so-called net worth of 32 billion U.S. dollars is actually mixed with a lot of water! Valuation valuation, What is valuation, that is to say, this value is only estimated, and it does not mean that everyone agrees, Forbes rich list will not count him at all! So many students said that this year's richest man is none other than Yu Wenfei, so it is a bit joking up.

In addition, for domestic Internet companies, each time they raise money, the specific amount raised is actually kept confidential, and the figures disclosed to the public do not mean the actual figures.In order to cooperate with Internet companies to build momentum, venture capital companies will deliberately exaggerate the amount of investment. This point is understood by everyone in the industry. ..."

He wrote thousands of words eloquently in this post, which actually means that Yu Wenfei is not as powerful as everyone is bragging about now, and has a lot of moisture.

The students of Jiaotong University were not happy at first sight. How could the pride of their own school belittled so much by outsiders.

"I seem to see someone eating lemons. Do you think you are the only one who has studied finance? The various data on Facebook are real, right? The banner on the homepage of the website celebrating the 40 million users is still hanging. Just this data, isn't it worth it? Is it a valuation of US$[-] billion? Besides, you haven’t read the news, right? Ali’s Cai Congxin has now switched to Facebook, so a powerful person has gone, and he has given up his shares in Ali, and he has to leave the house. Going to Facebook, what does it mean? Cai Congxin doesn’t know better than you? Softbank has made a lot of big investments in the past few years. Have you seen Masayoshi Son come forward for tens of millions of dollars in the past few times? Is there a press conference? Sun Zhengyi flew over to invest in Facebook this time, and even specially held a press conference, what does this mean, you don’t understand?”

This rebuttal is well-founded, with detailed data, and it is a powerful counterattack to the "provocation" of Fudan students.

However, the students at Fudan University were not to be outdone, and asked, "Even if your Facebook valuation really reaches 40 billion US dollars, what does that mean? How much cash can Facebook come up with, let alone 40 billion US dollars, 40 billion RMB Is there? Yu Wenfei’s net worth is a joke. Can his shares be cashed out? Besides, there are too many examples of the Internet industry’s ups and downs. Maybe Facebook is worth 40 billion US dollars today, but it will be suppressed by competitors in a few months After the past, its valuation may not even be worth 40 billion yuan!"

Although this statement made sense, it was obvious that the students at Jiaotong University didn't want to hear it.

"You are sour, are you jealous when you see that we have such a powerful student in Jiaotong University? Think about why Yu Wenfei didn't choose your Fudan University, but chose our Jiaotong University. It makes sense! In fact, it is Jiaotong University. You have already surpassed Fudan University, whether it is the strength or influence of the school, you will be the second children of Shanghai High School in the future, haha..."

The controversy started to rise to the level of the school's status, and this matter became serious. Fudan began to call friends and friends, and many Fudan students began to come to the Jiaotong University campus forum to start a debate.

"Brothers, everyone, go to the Jiaotong University campus forum, people over there are attacking our school."

"Ah? Really? Are the students of Jiaotong University so crazy? Let's go, when will Jiaotong University be able to ride on Fudan's head!"

"Go, go, fuck them!"

With more and more students participating, the focus of discussion has changed from whether Yu Wenfei's net worth is good or bad, to which of the two universities is stronger and which school has more outstanding alumni.

However, this kind of thing is not something that can be broken down clearly. Obviously, which school is stronger, no one can convince the other...

Finally, Fudan carried out a "big Buddha" to compare with Yu Wenfei. This person is also the pride of Fudan in recent years!

Shanda Group Chairman, Chen Tianqiao!
Before Yu Wenfei, if one were to talk about the fastest-rising business genius in China, many people would probably say his name, Chen Tianqiao!
In the past two years, Shanda's reputation has indeed been too loud, not only with praise, but also with attacks.

But, love it or hate it, everyone knows it.

Among the young people, no one knows about legends and grand events.

When it comes to the number of users, Tencent is the "little brother" in front of Shanda!
In 2002, the number of Shanda users exceeded [-] million, a little earlier than QQ users exceeding [-] million.

And the number of Shanda's users is real, not watered down!

Because Legend is a paid online game, each account needs to buy a card to recharge, otherwise it will not be able to play.

In terms of user stickiness, Shanda beats all Internet companies.

Everyone who plays legends knows that it is quite normal to hack legends overnight. How can other Internet companies compare...

In terms of making money, it is even more incomparable. All Internet companies are scum in front of Shanda.

Just a legend, after this game became popular, the profits brought to Shanda every day were as high as 3000 million RMB! ~
every day...

Do other companies, like the Big Three portals, Sina, Netease, and Sohu together, have a net profit of 3000 million a year?
Although Shanda has not yet been listed, everyone who knows knows that once Shanda goes public, Chen Tianqiao may be the richest man in China.

Of course, now that Facebook has popped up, things have changed again.

…………

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like