Winning the new financial era
Chapter 352
Chapter 352
"What gimmick?" A middle-aged man with European and American appearance asked his subordinate.
The subordinate reminded: "Zhang Yida, do you see how much he is ranked in the Forbes list this time? The fifth richest man in China, worth 168 billion U.S. dollars!"
"Is there something wrong?" Hu Run frowned.
"It's definitely wrong! There's a lot of noise on the Internet, saying that Forbes statistics are not accurate enough, and only counted Zhang Yida's shareholdings in three companies."
The subordinate said excitedly, "If we dig out all of Zhang Yida's assets, then we can definitely slap Forbes in the face.
Because this shows that our Hurun rankings are more authoritative and accurate than their Forbes! "
"Nice idea!"
Hu Run praised first, then spread his hands, "But we can't get the details of Zhang Yida's holdings in other companies?"
"There is a way!"
Hu Run didn't believe it, and asked, "Then tell me, what can you do?"
"Inference!"
Hu Run was also stunned, and asked in doubt: "Inference? What kind of method is this?"
The subordinate explained: "I read netizens on the Internet and speculated about Zhang Yida's inspiration for holding shares in various companies."
"Netizen?"
Hoogewerf smiled and shook his head, "This is not advisable! We are now different from when we started our business.
At that time, the conditions were simple and the information channels were single, so the list made was very rough. "
As he spoke, Hu Run couldn't help laughing out loud. He remembered the first version of the rich list in mainland China that he made at the end of the last century.
That version of the rich list can be called the first rich list in the history of mainland China, with a total of 50 people.
It is undoubtedly a huge project to find the 10 richest people from the vast sea of more than 50 billion people.
How did he, who was an accountant at Andersen at the time, complete this list?
He said this to the media in recent years: Back then, he worked hard for this list and used more than 20 statistical methods alone.
Including A-share companies, charitable donation list, university donors, business magazine cover stories, meetings of high-end politicians, military businessmen, character yearbooks, red capitalists, entertainment stars, tax payments, the top ten largest companies in each industry, etc. Wait.
For this, it took several months.
Of course, he didn't say that in the early years.
2001年,他接受媒体拜访时曾说道:自己从7月19日着手排榜,到8月11日就搞定。
At that time, there were only two people in the team. Besides him, the other was a college student.
In 22 days, two people completed the project.
Although the list is very rough, it still caused a very sensational effect in China at that time.
The "get rich first" group was exposed, and the wealth figures in units of [-] million hit the fragile nerves of ordinary people like lightning: the agreed "[-]-yuan household" is considered prosperous, why do you have billions?
"Where does the money of the rich come from?" has become the most intense question from all walks of life in China throughout 2000.
The rich are also very dissatisfied!
Some entrepreneurs on the list want to go to court with Hurun, claiming that their wealth has been "exaggerated dozens of times";
Rich people who are not on the list also ask him for an explanation: I am so rich, why am I not there?
The financial media questioned that "Forbes" is "for fun", because the information on the list is inaccurate, the scope of attention is narrow, and the calculation method is wrong. In short, the entire list is full of loopholes.
But no matter how controversial, "Forbes" is completely popular in China.
And he contributed a lot, even the Chinese name "Forbes" was given by him, and the word "Fu" is in line with Chinese culture and auspicious.
Later, many people who had been on the list fell down, making him somewhat ashamed.
2 people, the list made in 22 days does not sound so reliable.
In order to emphasize authority and precision, he changed his words when he was interviewed by the media later.
After publishing the first edition of the Forbes China rankings, Hoogewerf himself did not expect such a big sensation in China.
Although his name is getting better and better, his life is not moist.
As a Forbes freelance writer, he can only get a one-time remuneration from Forbes every year, and the highest he gets is 3 US dollars, which is his annual income.
Later, he parted ways with Forbes.
With the help of the reputation established in China in the early years, Hurun established its own company in Hong Kong in 2002 and launched its personal brand "Hurun Ranking".
One mountain cannot accommodate two tigers. Since then, there has been one list for Hurun and one list for Forbes every year.
The two lists often have big differences in the ranking of the rich and the amount of assets, which has triggered a tearing battle that continues to this day.
"Boss, Zhang Yida is definitely an invisible rich man, with more than a dozen unicorn companies under his umbrella.
Even if we add some value to him, the public will understand and agree.
And if we do this, we can start a war with Forbes again.
The greater the controversy, the higher the heat, and the more it will help improve our reputation.Thus showing the difference between us and Forbes. "
After Hu Run listened to his subordinates, he was also thinking, should he do this?
"Tell me about your reasoning. How did you reason about Zhang Yida's assets?"
The subordinate laughed and said, "That's very simple! None of the three companies in which Zhang Yida disclosed his shareholding is less than 30%.
In my judgment, except for Huimin Travel, which has more financing rounds, his shareholding in other companies will not be less than 30%. "
Hu Run nodded, "There is some truth!"
The subordinate went on to say: "We can know the shareholding structure of the three companies of Yimin Wealth, Yimin Wangjin, and Ruixiang Group.
Zhang Yida generally gave the co-founder 10% of the equity, plus a 10% option pool, while his shareholding before financing was 80%.
This is a habit of his, and it is true of all three companies.The situation of other companies should be similar.
We calculate by diluting 20% of the equity in each round of financing, and we can calculate the approximate shareholding ratio of Zhang Yida in each company! "
"This idea is good. Each round of financing is calculated based on the dilution of 20% of the equity ratio. The obtained data should be lower than the real data, which is relatively conservative."
Hu Run turned to look at his subordinates, and said, "Follow your method, first calculate a rough figure and show me!"
Seeing that his method was adopted by the boss, the subordinates rushed to work.
The next day, the subordinates came to Hurun again.
"Boss, it took me a day to calculate Zhang Yida's "true" net worth based on various news reports on Zhang Yida's corporate financing history and valuation.
It is 168 billion U.S. dollars higher than the 111.8 billion U.S. dollars counted by Forbes. "
Hurun was overjoyed when he heard the words, and said, "That's almost 280 billion U.S. dollars?"
The subordinate looked excited, "That's right, based on today's RMB-US dollar exchange rate of 6.73:1, it is worth 1884 billion RMB.
And this does not include Zhang Yida's personal deposits, real estate and other assets.
According to my investigation, he also has a mansion worth hundreds of millions of RMB.
Otherwise, let's add 4 million to him, and make up an auspicious number, 1888 billion! "
"Okay!" Hoogewerf, who knows Chinese culture well, said with a smile, "1888 is a good number, so let's use it! Mr. Zhang will be very happy to see this number!"
……
Zhang Yida was not happy at all. A few days after the release of the Forbes 2016 ranking, the Hurun 2016 ranking was also released.
The top of the list is still the richest man Wang, with a worth of 2200 billion.
And Zhang Yi reached the second place, with a net worth of 1888 billion.Behind him is the 1450 billion Jack Ma, the 1350 billion Wahaha, and the 1200 billion Pony Horse.
The last digit of other people's net worth is either 0 or 5, all taken as integers.
And Zhang Yida's "1888" is very conspicuous!
Zhang Yida didn't know whether to laugh or cry, this Hurun also had good intentions, I don't know how he came up with this number.
There was a lot of discussion on the Internet again. Zhang Yida actually crushed the second horse on the Hurun rankings and became the number one technology rich man in the mainland. There are too many things to discuss.
Netizens also gave Zhang Yida many nicknames, "Brother Hundred Billion Fafa", "Want to Fafafa"...
Some people feel that this value is a bit inflated. The combined market value of Zhang Yida's two listed companies does not reach 1888 billion yuan.
Some people think that this number is reliable. After all, Zhang Yida’s ten unicorn companies have a combined market value of more than 600 billion US dollars, and a 40%-50% stake has reached this value.
Entrepreneur friends such as Huang Xin called or sent WeChat messages to congratulate Zhang Yida and ask him to treat him to dinner.
Bonima also sent a WeChat message, "Congratulations! The number one technology rich man in the mainland!"
"Boss, Hurun is a typical businessman! He's deliberately creating a gimmick. Look, except for me, everyone else is worth a lot."
Ponima asked again, "I heard that Zhonghe Group is integrating Pinduoduo, Doushi, and Huimin travel?"
As a shareholder of Penguin, it is normal to know this news.Zhang Yida replied, "Yes, there are many difficulties and progress is slow!"
"The Doushi software is good, and Penguin didn't even have time to invest in it! After the integration of Zhonghe Group, is there any interest in opening a round of financing?"
Zhang Yida couldn't guess what kind of thoughts Ponima had.Is it because they are afraid that after the integration of Zhonghe Group, the shares of Penguin will be diluted?
Or was it that the moth created by the Hurun Rankings made him wary of himself?
"Financing may have to be slowed down. Pinduoduo's last round of financing was 9 million dollars, and Doushi's was 10 billion dollars. There is no shortage of funds for the time being."
Bonima typed again, "I hope Penguin will lead the next round of financing of Zhonghe Group!"
Zhang Yida frowned, what did Bonima want to be so strong?
The short video, e-commerce, and shared travel business that I have engaged in are no threats to Penguin?
"I'm relieved to have the words of the boss! I'm going to start burning money!"
Zhang Yida would not go hard against Pony Horse, and he answered very skillfully.
"Ahem, let's start some profitable business! I heard that Huimin Travel has burned 30 billion US dollars, and the profit is imminent!
Otherwise, the road ahead will be very difficult! "
Bonima began to persuade Zhang Yida as someone who had experienced it.
"No way, the pains that must be experienced in the development stage! I am also adjusting to strive for early profitability..."
Zhang Yida began to paint Pony Horse, drawing a blueprint for a bright future.
The more Bonima heard it, the more he felt that it was outrageous. Zhang Yida even said the words of "hanging Taobao", rushing out of China, going international, and competing with Amazon.
Bonima chuckled. After all, he is a young man. It is estimated that the Hurun rankings made him swell.
I feel a little relieved in my heart.When he saw the Hurun Rankings, he was also surprised that Zhang Yida was ranked ahead of him in terms of worth.
Originally, the other party was ranked fifth in Forbes, and his net worth was 168 billion U.S. dollars, which surprised him.Unexpectedly, the Hurun rankings were even more exaggerated.
However, Bonima was only a little vigilant. He knew exactly how much Zhang Yida was worth.
A large number of companies have a combined valuation of more than 600 billion U.S. dollars, and there are only two listed companies, and 80% of their assets are "valued".
Even if they are all listed, the combined market capitalization is only more than 4000 billion Hong Kong dollars.
At this time, the market value of Penguin has exceeded 2 trillion Hong Kong dollars, which is not in the same order of magnitude at all.
As for the worth, he didn't pay much attention to it.
In their position, they value influence and the resources and assets they can control and control.
Thanks to Liu Jialiulang, part-time work is more enriching for the rewards of the two book friends!Thank you also for the book friends who have been accompanying and subscribing and voting!
(End of this chapter)
"What gimmick?" A middle-aged man with European and American appearance asked his subordinate.
The subordinate reminded: "Zhang Yida, do you see how much he is ranked in the Forbes list this time? The fifth richest man in China, worth 168 billion U.S. dollars!"
"Is there something wrong?" Hu Run frowned.
"It's definitely wrong! There's a lot of noise on the Internet, saying that Forbes statistics are not accurate enough, and only counted Zhang Yida's shareholdings in three companies."
The subordinate said excitedly, "If we dig out all of Zhang Yida's assets, then we can definitely slap Forbes in the face.
Because this shows that our Hurun rankings are more authoritative and accurate than their Forbes! "
"Nice idea!"
Hu Run praised first, then spread his hands, "But we can't get the details of Zhang Yida's holdings in other companies?"
"There is a way!"
Hu Run didn't believe it, and asked, "Then tell me, what can you do?"
"Inference!"
Hu Run was also stunned, and asked in doubt: "Inference? What kind of method is this?"
The subordinate explained: "I read netizens on the Internet and speculated about Zhang Yida's inspiration for holding shares in various companies."
"Netizen?"
Hoogewerf smiled and shook his head, "This is not advisable! We are now different from when we started our business.
At that time, the conditions were simple and the information channels were single, so the list made was very rough. "
As he spoke, Hu Run couldn't help laughing out loud. He remembered the first version of the rich list in mainland China that he made at the end of the last century.
That version of the rich list can be called the first rich list in the history of mainland China, with a total of 50 people.
It is undoubtedly a huge project to find the 10 richest people from the vast sea of more than 50 billion people.
How did he, who was an accountant at Andersen at the time, complete this list?
He said this to the media in recent years: Back then, he worked hard for this list and used more than 20 statistical methods alone.
Including A-share companies, charitable donation list, university donors, business magazine cover stories, meetings of high-end politicians, military businessmen, character yearbooks, red capitalists, entertainment stars, tax payments, the top ten largest companies in each industry, etc. Wait.
For this, it took several months.
Of course, he didn't say that in the early years.
2001年,他接受媒体拜访时曾说道:自己从7月19日着手排榜,到8月11日就搞定。
At that time, there were only two people in the team. Besides him, the other was a college student.
In 22 days, two people completed the project.
Although the list is very rough, it still caused a very sensational effect in China at that time.
The "get rich first" group was exposed, and the wealth figures in units of [-] million hit the fragile nerves of ordinary people like lightning: the agreed "[-]-yuan household" is considered prosperous, why do you have billions?
"Where does the money of the rich come from?" has become the most intense question from all walks of life in China throughout 2000.
The rich are also very dissatisfied!
Some entrepreneurs on the list want to go to court with Hurun, claiming that their wealth has been "exaggerated dozens of times";
Rich people who are not on the list also ask him for an explanation: I am so rich, why am I not there?
The financial media questioned that "Forbes" is "for fun", because the information on the list is inaccurate, the scope of attention is narrow, and the calculation method is wrong. In short, the entire list is full of loopholes.
But no matter how controversial, "Forbes" is completely popular in China.
And he contributed a lot, even the Chinese name "Forbes" was given by him, and the word "Fu" is in line with Chinese culture and auspicious.
Later, many people who had been on the list fell down, making him somewhat ashamed.
2 people, the list made in 22 days does not sound so reliable.
In order to emphasize authority and precision, he changed his words when he was interviewed by the media later.
After publishing the first edition of the Forbes China rankings, Hoogewerf himself did not expect such a big sensation in China.
Although his name is getting better and better, his life is not moist.
As a Forbes freelance writer, he can only get a one-time remuneration from Forbes every year, and the highest he gets is 3 US dollars, which is his annual income.
Later, he parted ways with Forbes.
With the help of the reputation established in China in the early years, Hurun established its own company in Hong Kong in 2002 and launched its personal brand "Hurun Ranking".
One mountain cannot accommodate two tigers. Since then, there has been one list for Hurun and one list for Forbes every year.
The two lists often have big differences in the ranking of the rich and the amount of assets, which has triggered a tearing battle that continues to this day.
"Boss, Zhang Yida is definitely an invisible rich man, with more than a dozen unicorn companies under his umbrella.
Even if we add some value to him, the public will understand and agree.
And if we do this, we can start a war with Forbes again.
The greater the controversy, the higher the heat, and the more it will help improve our reputation.Thus showing the difference between us and Forbes. "
After Hu Run listened to his subordinates, he was also thinking, should he do this?
"Tell me about your reasoning. How did you reason about Zhang Yida's assets?"
The subordinate laughed and said, "That's very simple! None of the three companies in which Zhang Yida disclosed his shareholding is less than 30%.
In my judgment, except for Huimin Travel, which has more financing rounds, his shareholding in other companies will not be less than 30%. "
Hu Run nodded, "There is some truth!"
The subordinate went on to say: "We can know the shareholding structure of the three companies of Yimin Wealth, Yimin Wangjin, and Ruixiang Group.
Zhang Yida generally gave the co-founder 10% of the equity, plus a 10% option pool, while his shareholding before financing was 80%.
This is a habit of his, and it is true of all three companies.The situation of other companies should be similar.
We calculate by diluting 20% of the equity in each round of financing, and we can calculate the approximate shareholding ratio of Zhang Yida in each company! "
"This idea is good. Each round of financing is calculated based on the dilution of 20% of the equity ratio. The obtained data should be lower than the real data, which is relatively conservative."
Hu Run turned to look at his subordinates, and said, "Follow your method, first calculate a rough figure and show me!"
Seeing that his method was adopted by the boss, the subordinates rushed to work.
The next day, the subordinates came to Hurun again.
"Boss, it took me a day to calculate Zhang Yida's "true" net worth based on various news reports on Zhang Yida's corporate financing history and valuation.
It is 168 billion U.S. dollars higher than the 111.8 billion U.S. dollars counted by Forbes. "
Hurun was overjoyed when he heard the words, and said, "That's almost 280 billion U.S. dollars?"
The subordinate looked excited, "That's right, based on today's RMB-US dollar exchange rate of 6.73:1, it is worth 1884 billion RMB.
And this does not include Zhang Yida's personal deposits, real estate and other assets.
According to my investigation, he also has a mansion worth hundreds of millions of RMB.
Otherwise, let's add 4 million to him, and make up an auspicious number, 1888 billion! "
"Okay!" Hoogewerf, who knows Chinese culture well, said with a smile, "1888 is a good number, so let's use it! Mr. Zhang will be very happy to see this number!"
……
Zhang Yida was not happy at all. A few days after the release of the Forbes 2016 ranking, the Hurun 2016 ranking was also released.
The top of the list is still the richest man Wang, with a worth of 2200 billion.
And Zhang Yi reached the second place, with a net worth of 1888 billion.Behind him is the 1450 billion Jack Ma, the 1350 billion Wahaha, and the 1200 billion Pony Horse.
The last digit of other people's net worth is either 0 or 5, all taken as integers.
And Zhang Yida's "1888" is very conspicuous!
Zhang Yida didn't know whether to laugh or cry, this Hurun also had good intentions, I don't know how he came up with this number.
There was a lot of discussion on the Internet again. Zhang Yida actually crushed the second horse on the Hurun rankings and became the number one technology rich man in the mainland. There are too many things to discuss.
Netizens also gave Zhang Yida many nicknames, "Brother Hundred Billion Fafa", "Want to Fafafa"...
Some people feel that this value is a bit inflated. The combined market value of Zhang Yida's two listed companies does not reach 1888 billion yuan.
Some people think that this number is reliable. After all, Zhang Yida’s ten unicorn companies have a combined market value of more than 600 billion US dollars, and a 40%-50% stake has reached this value.
Entrepreneur friends such as Huang Xin called or sent WeChat messages to congratulate Zhang Yida and ask him to treat him to dinner.
Bonima also sent a WeChat message, "Congratulations! The number one technology rich man in the mainland!"
"Boss, Hurun is a typical businessman! He's deliberately creating a gimmick. Look, except for me, everyone else is worth a lot."
Ponima asked again, "I heard that Zhonghe Group is integrating Pinduoduo, Doushi, and Huimin travel?"
As a shareholder of Penguin, it is normal to know this news.Zhang Yida replied, "Yes, there are many difficulties and progress is slow!"
"The Doushi software is good, and Penguin didn't even have time to invest in it! After the integration of Zhonghe Group, is there any interest in opening a round of financing?"
Zhang Yida couldn't guess what kind of thoughts Ponima had.Is it because they are afraid that after the integration of Zhonghe Group, the shares of Penguin will be diluted?
Or was it that the moth created by the Hurun Rankings made him wary of himself?
"Financing may have to be slowed down. Pinduoduo's last round of financing was 9 million dollars, and Doushi's was 10 billion dollars. There is no shortage of funds for the time being."
Bonima typed again, "I hope Penguin will lead the next round of financing of Zhonghe Group!"
Zhang Yida frowned, what did Bonima want to be so strong?
The short video, e-commerce, and shared travel business that I have engaged in are no threats to Penguin?
"I'm relieved to have the words of the boss! I'm going to start burning money!"
Zhang Yida would not go hard against Pony Horse, and he answered very skillfully.
"Ahem, let's start some profitable business! I heard that Huimin Travel has burned 30 billion US dollars, and the profit is imminent!
Otherwise, the road ahead will be very difficult! "
Bonima began to persuade Zhang Yida as someone who had experienced it.
"No way, the pains that must be experienced in the development stage! I am also adjusting to strive for early profitability..."
Zhang Yida began to paint Pony Horse, drawing a blueprint for a bright future.
The more Bonima heard it, the more he felt that it was outrageous. Zhang Yida even said the words of "hanging Taobao", rushing out of China, going international, and competing with Amazon.
Bonima chuckled. After all, he is a young man. It is estimated that the Hurun rankings made him swell.
I feel a little relieved in my heart.When he saw the Hurun Rankings, he was also surprised that Zhang Yida was ranked ahead of him in terms of worth.
Originally, the other party was ranked fifth in Forbes, and his net worth was 168 billion U.S. dollars, which surprised him.Unexpectedly, the Hurun rankings were even more exaggerated.
However, Bonima was only a little vigilant. He knew exactly how much Zhang Yida was worth.
A large number of companies have a combined valuation of more than 600 billion U.S. dollars, and there are only two listed companies, and 80% of their assets are "valued".
Even if they are all listed, the combined market capitalization is only more than 4000 billion Hong Kong dollars.
At this time, the market value of Penguin has exceeded 2 trillion Hong Kong dollars, which is not in the same order of magnitude at all.
As for the worth, he didn't pay much attention to it.
In their position, they value influence and the resources and assets they can control and control.
Thanks to Liu Jialiulang, part-time work is more enriching for the rewards of the two book friends!Thank you also for the book friends who have been accompanying and subscribing and voting!
(End of this chapter)
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