My rebirth is different

Chapter 701 Trillion Dollar Market Value

Ye Xiaorong acted accordingly and brought the topic back, "Since Mr. Fei has no concept of money and doesn't know his own net worth, let's not discuss this issue for now. However, how many Facebook companies are worth? Interested, Fei always has no concept."

Yu Wenfei leaned back to make himself sit more comfortably, and responded with a smile: "If I say that I have no idea, I think the shareholders will be unhappy. They have invested huge amounts of money in the Facebook company. !"

Wei Wei paused and said: "Facebook companies, currently there are three main ones, Facebook, Facebook Games, and WeChat Technology. None of these three companies are listed. Ms. Ye may as well guess which company will have a higher market value after listing in the future."

Ye Xiaorong's eyes lit up, she was able to become the pillar of Dragon TV, of course it is not for nothing, she has done a lot of homework in the past few days.

Not only did he know Yu Wenfei's personal information like the back of his hand, but he also had a detailed understanding of the situations of several companies he controlled, and he also specially consulted many industry experts.

She looked at Yu Wenfei, her eyes were bright, and she smiled sweetly: "President Fei has a trap. After the company goes public, the market value will definitely fluctuate. Maybe a company with a high market value at the beginning will have a high market value in two years. Instead, the market value has become lower.”

Yu Wenfei laughed and said, "Okay, let's make the question simpler. Which company does Ms. Ye think will have the highest market value in the next five years, and to what extent?"

This question is much simpler. Ye Xiaorong said flatly: "I think that within five years, Facebook Games will have the highest market value! Because the company's profit model is very simple and clear, every investor can understand it. Even this year, The Facebook game should be profitable, and the profit is quite high!

If it goes public, the market value of Facebook Games will definitely surpass Shanda and NetEase, reaching more than 100 billion US dollars!By the way, Blizzard's World of Warcraft is about to go online. I heard that this is an epoch-making online game. I think many viewers in front of the TV are looking forward to it. "

Shanda and Netease that Ye Xiaorong mentioned are game companies that have been successfully listed on NASDAQ.Shanda is a 100% pure online game company. Although NetEase has a relatively complicated business, its performance in the past two years was so poor that it was almost delisted. After confirming that online games are the main business, the market value rose again.

Shanda just went public in November. Perhaps influenced by Yu Wenfei, Chen Tianqiao moved up the listing time of Shanda a little. Originally, Shanda should have been listed in 2004.

At the end of 2003, NetEase's market value was just over US$40 billion, while Shanda's was US$25 billion.

Therefore, Ye Xiaorong valued the Facebook game at 100 billion U.S. dollars, which is considered a great deal of face.

Of course, the market value she estimated for the Facebook game is also a few years later, and the market value of Shanda and NetEase may also rise by then.

Yu Wenfei smiled faintly, "Miss Ye's answer is half right and half wrong."

Ye Xiaorong's eyes widened, a little unconvinced, because she had consulted professionals for this valuation, and she didn't just guess it by herself.

At the same time, she was also a little curious about what she said wrong, so she asked: "Then Mr. Fei should come and reveal the answer for everyone. I think this answer is not only curious to the audience, but also to the shareholders of Facebook Games. "

"Haha, indeed, it seems that I haven't communicated with the shareholders about the company's future market value. I'll take this opportunity to chat to make the company's shareholders feel at ease." Yu Wenfei smiled heartily.

Turning to the topic, he said seriously: "In five years, the market value of Facebook Games will indeed be the highest among Facebook companies! Because Facebook Games will have two main businesses, stand-alone game sales and online game operations! These two main businesses Businesses are highly liquidable, and their profit margins are relatively high.

It is especially worth emphasizing that online games will be the easiest business to cash in and make money in the Internet field in the future!However, the premise is that there must be a good game that is good enough to attract users.

In this regard, Facebook Games has already made a good layout, including the two major game manufacturers Blizzard and Valve. I don’t need to say more about the representative games of these two companies. Warcraft, Diablo, CS, there should be no male The child has not played.

Wait until next year..., uh, in fact, it will be more than ten days later, it will be 2004.

The online game World of Warcraft is about to be launched, so I'm here to make a publicity call.Please believe that after playing this game, you will understand what a real online game is!

Therefore, in the next few years, the revenue of Facebook games will rise steadily, and the market value after listing is far from 100 billion US dollars.If I make a prediction, in 500 or [-], the market value of Facebook games will exceed [-] billion US dollars. "

When Yu Wenfei's voice fell, Ye Xiaorong was dumbfounded, there was an uproar in the studio, and many audiences in front of the TVs had already exclaimed.

$500 billion!
According to the exchange rate at that time, it would be 4000 billion RMB when converted into RMB!
Is it really possible for a game company to achieve it?
You must know that in the domestic Internet industry, Sina, Netease, and Sohu have the highest market value, and none of them has exceeded the market value of 50 billion U.S. dollars, but Yuwenfei has soared tenfold, directly reaching 500 billion U.S. dollars .

Even five years later, this market value would be considered outrageous.

"Mr. Fei...you mean 500 billion RMB?" Ye Xiaorong asked tentatively, she thought Yu Wenfei was wrong.

Yu Wenfei shook his head, "It's US dollars! Don't think I'm exaggerating. The development of the world is beyond imagination. In the next five years, a large number of private companies with a market value of more than 15 billion US dollars will emerge in China, mainly Internet companies. And in the next ten years, there will be a technology company with the highest market value in the world in China. In the next ten to [-] years, the market value of this company will exceed one trillion U.S. dollars!"

This time, it can be said to be earth-shattering!

I don't know how many people opened their mouths in front of the TV, and many shook their heads and sighed, thinking that Yu Wenfei was young and frivolous.

Of course, some people became more and more interested in Yu Wenfei and were ready to hear how he explained this passage.

Even Ye Xiaorong couldn't help exclaiming, because what Yu Wenfei said was too shocking.

………………

"Is he crazy! Bragging is not the way to brag!"

In the provincial capital of the Central Plains, Mo's father stared at the TV dumbfounded, and blurted out.

"Xiao Fei is not a frivolous child. If he dares to say that, he must be sure." Mo's mother gave Mo's father a blank look, and defended Yu Wenfei.

Mo's father said dumbfoundedly: "Did you hear what he just said clearly? Especially in the second half of his words, what company with the world's highest market value appeared in China, and it was valued at trillions of dollars. You don't even know trillions of dollars. What is the concept of dollars."

"Why don't I know, isn't it one trillion US dollars? Is this a high number?" Mom Mo said unconvinced.

"Is it very high...? Well, I don't know how to explain it to you. Let's put it this way, this number is equivalent to the GDP of our country this year! Or it's not worth selling our entire provincial capital. How much money!" Dad Mo said helplessly.

At the same time, across the country, there were quite a few people who had the same reaction as Dad Mo. Everyone's first reaction was that Yu Wenfei was bragging too much...

…………

What Yu Wenfei just said should be analyzed in two parts.

The first part is his judgment that after five years, a group of private enterprises with a market value of over US$[-] billion will emerge in China, mainly in the Internet industry.

Everyone in the studio understands the concept of tens of billions of dollars, but it is 800 billion yuan, close to [-] billion!
In China in 2003, there were not many companies with a market value of more than [-] billion yuan. If the state-owned giants were excluded, private enterprises with a market value of [-] billion yuan would definitely be at the giant level, and they could be counted with a slap.

But, that's tens of billions of dollars!At the level of [-] billion yuan, even if state-owned enterprises are counted, there are not many in China.

However, this is easy to understand, because the domestic economy has developed rapidly in recent years, and a number of companies with a market value of tens of billions of dollars may really appear in the next five years.

But after Yu Wenfei's last two sentences, no one dared to believe it.

China is positioned as a developing country, and its economy is far behind that of Europe and the United States. Not to mention the company's market value, there are too many giant foreign companies!
Like IBM, in the 60s it reached a market value of over 2000 billion US dollars!
The concept of 2000 billion US dollars in that era may not be imagined by most people, but everyone will understand by comparing the data. When IBM reached a market value of 2000 billion US dollars, the GDP of the United States was only 8000 billion US dollars.

A single company, IBM, is equal to a quarter of the GDP of the United States that year!

And Laomei was the richest country in the world at that time, not one of them.

In 2003, the companies with the highest market capitalization in the world were Microsoft and General Electric, both of which reached US$3000 billion.But this is also because the Internet industry has just encountered a "cold winter". In fact, in 99, Microsoft's market value was as high as 600 billion US dollars.

…………

And Yu Wenfei dared to say that in the next ten years, he will be in China!In the mainland!

There will be a technology company with the highest market value in the world!

And the market value of this company can exceed trillions of dollars!
Here is a little data for popular science. In 2003, China's GDP was 11.6 trillion yuan, which is about 1.5 trillion yuan if converted into US dollars.

In other words, in the next ten to 15 years, there will be a domestic company whose market capitalization will reach two-thirds of China's annual GDP in 2003...

Many people think that Yu Wenfei is "crazy", and he really didn't wrong him at all.

There is also an important point here, Yu Wenfei is talking about "technology companies"!
Not energy companies, not financial companies such as banking insurance...

(End of this chapter)