i have a wasteland world

The matter of Wu Xiaomi didn't leave too many ripples in Chen Xiao's heart.

At best it was just a blip.

Don't talk about her, even Teacher Mi is not very important in his heart.

He has always distinguished public and private very clearly!

A woman can be used as a life adjustment, but she cannot be allowed to occupy a dominant position.

……

News of the launch of gin continues to ferment.

Some media have already begun to calculate the wealth of Chen Xiao and rank him as the richest man in the country.

Last year, the Hurun Research Institute released the "Hurun Report", a total of 1450 entrepreneurs with personal wealth of more than 50 billion yuan were on the list.

Among them, the richest man is worth more than 5000 billion yuan, breaking the record for the wealth of the richest man in China for more than 20 years.

Ding Lei from Netease, Jack Ma's family from Alibaba, and Huang Zheng from Pinduoduo also made it into the top ten.

Now, the market value of the Gin Wine Group is 6500 billion yuan, and Chen Xiao is worth more than 3000 billion yuan on paper.

Including its pharmaceutical, entertainment, general health, artificial intelligence and other business sectors, a rough calculation exceeds 3000 billion,

Because it is a non-listed company, the financial report is not public, the equity is not public, the valuation is not public, the personnel structure is not public...the whole market is a black hole, and everyone can only refer to similar companies for rough estimates.

……

"Is this wrong to write?"

Chang Tingting came out of the bathroom wiping her hair, saw the report on TV, and said casually,
Chen Xiao turned to look at her, "Where?"

"The valuation of Times Entertainment is too low." Chang Tingting just got out of the shower, wrapped in a towel,

When walking slowly, the perfect curve shakes slightly, full of temptation.

Chen Xiao shook his head, "Game companies and liquor companies have different valuation methods."

"Ok?"

Chen Xiao: "Comparing with Mihayou, you will know that the main business income has exceeded 270 yuan, the net profit has exceeded 160 billion yuan, and the net assets have exceeded 370 billion yuan. The valuation given by the Hurun Research Institute is only 500 billion yuan."

"So low?" Chang Tingting was very surprised.

Mihayou is almost on fire, even she has heard of those who don't play games,
In her inherent impression, Mihayou must at least have a scale of hundreds of billions.

Chen Xiao shook his head: "It's not too low."

Chang Tingting wondered: "I remember NetEase's market value exceeded 4000 billion?"

Chen Xiao: "If Mihayou goes public, it may exceed the market value of NetEase, but now the capital market only values ​​it at 500 billion."

Chang Tingting understood.

Going public is an opportunity to soar.

There is no opportunity to multiply a person's wealth dozens of times like going public.

If you don't make a big cake, others will naturally not be able to praise you.

Chen Xiao: "Although Times Entertainment has a lot of hit games, but how many can be estimated, no one can say for sure. The current valuation given by the media is already very objective."

In a word, only the equalization of interests can achieve a win-win situation.

Chang Tingting sat down beside him, revealing a large area of ​​snow-white skin, "But our revenue and net profit are much higher than Mihayou's. The current valuation is a bit low."

Chen Xiao: "The valuation depends on the market acceptance."

"Ah."

Chen Xiao: "Game companies are naturally weak. Mihayou withdrew its IPO before because of this consideration. A-shares favor high-tech stocks, and game companies are not popular and it is difficult to go public."

"What about Hong Kong stocks?"

Chen Xiao: "The Hong Kong stock market is too small, and it is difficult to obtain a high premium. Times Entertainment's current valuation, games are only half of the contribution, and the other half is brought by Metaverse."

"Yuanjie?"

Chen Xiao: "It's the game creator community."

Chang Tingting snuggled into the man's arms, drew on his chest, and said absent-mindedly,
"Oh, I remembered, Metaverse provides various toolkits to help creators design games."

"Yes."

Chang Tingting: "It is said that all domestic independent game producers and small and medium game studios have settled in Metaverse."

Chen Xiao nodded: "After several years of hard work, Metaverse's influence is indeed growing. It not only sweeps the domestic market, but also occupies most of the foreign market."

Chang Tingting: "So it is more important than "Audacity" and "Jianghu"."

Chen Xiao: "Teaching a man how to fish is worse than giving him fish."

"Ok?"

Chen Xiao: "As long as the platform produces more and more excellent games, the number of players attracted will continue to increase, and the game audience will increase, which in turn will increase the creator's income, thus forming a positive cycle. The capital market also takes this into consideration and gives a valuation far exceeding that of Mihayou."

Chang Tingting was stunned, "No wonder this time gin was listed, so many fund companies rushed to enter the market, saying that they didn't want to make money, but just to make friends and cooperate with each other next time. I was surprised at first, but I didn't expect that the drunkard's intentions were not in the wine, and everyone fell in love with Times Entertainment."

Chen Xiao: "The future of Times Entertainment is far more imaginative than that of Gin Wine Group."

Chang Tingting nodded, "I understand as soon as you say it. Metaverse is no longer a simple platform. It is actually the first closed system that has opened up development, distribution, platform and commercialization."

Chen Xiao: "Yes, looking around, Apple's mobile phone platform, Steam's PC platform, and Microsoft's and Sony's game console platforms, etc., have not yet achieved such an integrated and perfect closed loop."

Chang Tingting: "It may subvert or monopolize game production."

Chen Xiao: "It's more than that."

Chang Tingting was puzzled, "Huh?"

Chen Xiao: "It also has the possibility of developing into a social platform."

"How to say?"

Chen Xiao: "There are countless games on the Metaverse platform, and new games are constantly being produced. After users are pulled in, they don't have to worry about losing them at all. They can jump from one game to another. Interesting content is inexhaustible."

"Oh."

Chen Xiao: "In particular, most of the games on the platform are multiplayer. In this way, there are more games to play together, and users can easily become good friends. This kind of friendship will gradually expand offline and become a new social currency."

Chang Tingting: "There is a possibility."

Chen Xiao: "The publicity of Times Entertainment is to create a real world."

Chang Tingting propped herself up and straddled him, "So, the accumulation of social relationships has become the core competitiveness of Metaverse?"

Chen Xiao: "What do you think?"

Chang Tingting's beautiful eyes wandered, and she remembered a sentence, "There is a law in the Internet business society."

"what?"

Chang Tingting: "The new company that kills a monopoly giant is probably not the original competitor in the industry."

Chen Xiao burrowed her fingers into the bathrobe, and said, "Maybe... Metaverse may become a new social empire."

Chang Tingting: "Even if it doesn't work, it's still a challenger coming from the side."

Chen Xiao: "Now do you understand the valuation logic of Times Entertainment?"

Chang Tingting shook her hair and twisted her waist, "In a word, the future is bright, the road is tortuous, the benefits are shared, and the future can be expected."

Chen Xiao laughed, "That's a good summary."