My rebirth is different

Chapter 573 Who Is Richer

Chapter 573 Who Is Richer
In fact, no matter on the Internet or traditional media, there have always been many reports about Yu Wenfei. There is no way, who made him the most popular young man in the past few years.

Modu TV station is right, Yu Wenfei has already become a symbol, a benchmark for contemporary college students, or a benchmark for contemporary young people, a banner!
Therefore, if you count the number of news reports on him, it may not be less than those Uranus superstars at all.

How much is Yu Wenfei's net worth? This question has also been discussed by various media, including the majority of netizens. I don't know how many times.

Especially when Facebook raised money for the first time, Softbank Capital gave a valuation of 40 billion US dollars, which was the first time that Yu Wenfei's net worth was exposed to the public.

It also made everyone suddenly realize that Yu Wenfei is no longer the sunny boy in everyone's impression, but has become a billionaire!

The fans who admired him, of course, hoped that Yu Wenfei would be as rich as possible, and wished to immediately put the title of the richest Chinese man on Yu Wenfei's head.

But many people who are not used to it or who are jealous of Yu Wenfei will contemptuously say that Yu Wenfei's net worth has no gold content, and it is all blown out, because Facebook is neither an entity nor a listed company. Valuations are not credible at all.

In the school forums of Shanghai Jiaotong University and Fudan University, students on both sides started a debate about who is richer, Yu Wenfei or Shanda Mr. Chen.

Yu Wenfei seems to be the representative of Shanghai Jiaotong University, and Mr. Shanda Chen graduated from Fudan University. Both of them are the pride of their respective schools.

In addition, Shanghai Jiaotong University and Fudan have been competing secretly. Fudan wants to maintain its position as the number one university in Shanghai, while Jiaotong University wants to surpass Fudan. It can be said that the relationship is very delicate, whether it is between the school or the students.

In the end, no one convinced anyone in that debate. It is well known that Shanda Mr. Chen is rich, and he made a lot of money by relying on a legend. It can even be said that he is the company with the most cash flow. exaggerate.

According to a newspaper report, Shanda has earned more than one million every day since the legendary game became popular in 2001, and even exceeded ten million at its peak.This number is terrifying, because at the same time, most Internet companies are still burning money crazily, with only investment but no income.

A 30-year-old new-generation billionaire, and a 20-year-old student entrepreneurship benchmark, these two people were put together for comparison.

Like Facebook, Shanda is not listed at this time, and is also preparing for a listing.

It can be said that no one can clearly explain Chen Tianqiao's net worth.

Shanda is an undisputed leader in the online game industry.

Facebook, among the social networking sites, is also unrivaled in the limelight and is far ahead, and its competitors can't get ashes after it follows.

Shanda has not received venture capital in the past few years, because it does not need it at all, and the company has already entered a profitable state.Therefore, the value of Shanda's company may only be clarified after it goes public.

For Facebook, the first financing, Softbank Capital gave a valuation of 40 billion US dollars, which also made Facebook the company with the highest valuation in the domestic Internet industry.In this second round of financing, Citibank invested 5000 million US dollars, just for 1000 million shares of Facebook, accounting for less than 80%.In one fell swoop, the valuation of Facebook was pushed up to a sky-high price of [-] billion US dollars!

In Shanda Company, the Chen Tianqiao family is basically wholly-owned, and Yu Wenfei, the founder of Facebook, also exclusively owns nearly [-]% of the company's shares.

Who is richer...

This issue has once again sparked debate between Shanghai Jiaotong University students and Fudan students.

"Not to mention, Yuwenfei is the number one in the world! According to the current valuation, Yuwenfei's net worth is as high as 48 billion US dollars for Facebook alone. Don't forget, he also has two major companies, Knorr Supermarket and Facebook Games. By the way, according to the seniors who are interns on Facebook, there is also a mysterious company in the Science and Technology Park called Star Technology, which is also wholly owned by Yuwenfei. Maybe Star Technology will become a nuclear bomb-level company in the future I can't imagine how Yu Wenfei managed to reach this level."

"I really want to blow up Yu Wenfei! It is no exaggeration to say that Bill Gates is nothing compared to Yu Wenfei. Mr. Fei is only 20 years old. If you give him a few more years, what is Microsoft? I announce , Mr. Fei has already booked this year's Forbes Chinese Rich List! Three years later, he will be the top Forbes Global Rich List!"

"Wow, my Fei Zong is so good. He is so handsome, talented, and rich. What kind of girl does a boy like this need to be worthy of him? Woohoo, I feel like I There's little hope."

"Haha, Fudan was bragging about Chen Tianqiao a while ago, I don't believe it, just Shanda's company that robs elementary school students of money, the game is still an agent of Bangzi. How can he compare it with our classmate Yu Wenfei!"...

These, of course, are the remarks of the Jiaotong students. Everyone sincerely admires Yu Wenfei.

The Fudan students were not convinced. Although many Fudan students also regarded Yu Wenfei as their idol, this matter involved the school's reputation. In the face of such big right and wrong, personality worship can only be put aside for a while.

"Students from fellow schools, please be careful not to make personal attacks. Although Mr. Chen's Shanda company has not launched a game developed by itself for the time being, as long as you pay attention, you will know that Legend 3 independently developed by Shanda will be launched soon. And According to statistics, the players who play Legend are mainly college students and high school students, and the proportion of elementary school students is very small. Besides, now we are discussing the question of who is richer, Mr. Chen or Mr. Fei. Facebook’s valuation of US$80 billion is indeed astonishing, but Shanda does not need financing at all, and its annual profit alone exceeds one billion! On the other hand, Facebook’s valuation is skyrocketing, but has this company ever made a penny? There's always a time when it blows..."

"The above seniors are right. Valuation is illusory. Any company will eventually return to reality. What supports the market value of a company depends on its profitability and revenue scale. To be honest, I also admire Fei Zong, but I am not optimistic about Facebook, because I can’t see a clear profit model for this website. Perhaps, the day Facebook goes public is the day it reveals its true colors!”

"Facebook, a website that is more famous than it actually is! In terms of revenue and profit, it compares favorably with Shanda. I'll just put my words here. Aren't these two companies going to go public? After they go public, Shanda will The market value of Facebook is absolutely slammed. Who is not convinced?"

…………

The debate between Jiaotong students and Fudan students was not only confined to the campus forum, but also caused netizens from all over the Internet to stand in line.

Of course, there is nothing objective about netizens standing in line. Everyone comments on this matter based on their own preferences or subjective impressions.

Among them, game fans naturally praised Shanda for being so powerful.

But fans of cousins ​​and cousins ​​don't look down on Shanda and online game players at all. Do a group of bad gamers know what company valuation is and what is social platform?
For a while, Facebook's second round of financing was valued at 80 billion US dollars, and the debate on "who is the richest young man in China" became a hot topic in the whole society.

At the beginning, Yu Wenfei didn't care too much. He became famous at a young age, and he was used to being talked about by everyone.

Besides, this kind of talk doesn't do him any harm, and it can also increase his popularity.

However, things changed after Chen Tianqiao spoke out.

…………

Chen Tianqiao has been relatively low-key since he made his fortune.

Maybe it's because of his personality, or maybe it's because Shanda's main business is online games, and online games were a very unpopular industry at the time.

Whether it's the parents, the media, or even the top, the attitude towards online games is that they hate it.

Any students who skipped classes, did not study well, etc., all blamed on the online games, and the newspapers and media would pull out the online games to criticize them.

What "electronic HLY" and "spiritual YA film", etc., the big hats were buckled one after another.

Under such circumstances, Chen Tianqiao sensibly hid behind the scenes, made a fortune silently, and rarely appeared to accept media interviews.

But this time, for the first time, he accepted an exclusive interview with a newspaper in Shanghai, and responded positively to the question about the "contest for the richest man" between him and Yu Wenfei.

"Actually, I admire Yu Wenfei, a young man. It is not easy to make such a big career at the age of 20. When I was 20 years old, I was still playing computer games in college. , Haha.... After all, I can be regarded as his senior. I want to take this opportunity to give Yu Wenfei a piece of advice. That is to do business, you must calm down and do things in a down-to-earth manner! Being famous at a young age is a double-edged sword Swords can bring attention and prestige, but it is also easy to lose oneself. Facebook is a good company, but its valuation is artificially exaggerated. …”

After a few words, Chen Tianqiao's attitude is a bit condescending, his words are full of support and guidance for young people, and even implicitly expresses that he is not worthy of trust in Facebook's valuation.

Why he did this, no one knows the reason.

It may be because he is also a young man. He was originally the proud son of heaven, with infinite glory, but suddenly a more beautiful and powerful person than him appeared, who was younger than him, and his mentality was a little out of balance.

It is also possible that Shanda is also facing an IPO, and needs to find a way to raise the valuation of its own company even if it does not accept venture capital shares for the time being.

However, his statement forced Yu Wenfei to respond.

(End of this chapter)

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