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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.
Chapter 575
This exclusive interview with Chen Tianqiao changed the nature of the matter.
Because this matter is not only a problem between two people, it also involves the dispute between the two alma maters behind the scenes, and may even involve the city's attitude towards the two companies.
Strictly speaking, the Shanda company can also be classified as an Internet company, because it is engaged in online games.
In terms of industrial planning, Magic City has started to pay attention to the Internet industry in the past two years, and it is bound to give great support to some representative Internet companies in this city.
A few days ago, the leader came to Facebook for inspection, which was an obvious signal.
Facebook has been greatly benefited, and the local colleagues feel a little uncomfortable. In Chen Tianqiao's heart, his own Shanda should be the one that carries the banner in the Internet industry in the magic city.
How could he be overtaken by a junior student now!
…………
"Boss, boss! Someone said about you in the newspaper..."
One morning, as soon as Yu Wenfei arrived at the office, Hu Jingjing hurried in with a newspaper and opened the door, shouting.
Yu Wenfei smiled nonchalantly and said, "Aren't there few people who say about me in the newspaper? It's not the first time. What's so rare?"
"It's different this time. Chen Tianqiao from Shanda said it. He... he said... forget it, you can read it yourself." Hu Jingjing put the newspaper in front of Yu Wenfei.
Yu Wenfei was also taken aback. Although he had never dealt with Chen Tianqiao before, he had heard of Chen Tianqiao's name a long time ago.
For this person, Yu Wenfei has appreciation and regret.
Of course, what I appreciate is Chen Tianqiao's courage to take that step. A graduate of a prestigious school will become an assistant to the chairman of a large state-owned enterprise after graduation. If he works hard, his future will be limitless.
But Chen Tianqiao resolutely gave up this dream job of countless college students, raised 20 US dollars of start-up funds, and represented an online game that everyone was not optimistic about, and everyone knew the result.
If Yu Wenfei hadn't appeared, this person should have been the most famous and representative young entrepreneur in the country in the past two years.
And after Shanda goes public, next year, Chen Tianqiao and others will officially ascend to the top of the richest man in China, and at the age of 31, he will become the richest among 14 billion people. "Woolen cloth.
It's a pity that Shanda made too many mistakes during its development!
Although online games have brought everything to Chen Tianqiao, he himself is not optimistic about this industry, perhaps because of the influence of public opinion.
That's why Chen Tianqiao said: Legend is a bad game, Shanda is a good company, from the very beginning he didn't intend to make games, but just used the game as a tool to make money, and used it to create an entertainment project called "Internet Disney". The decline of Shanda Games is inevitable, and if the fire is lit, it is doomed to be siphoned away.
This also made Yu Wenfei regretful, if Shanda could focus on the game industry at that time, calm down to develop real high-quality games, and drive the development of the entire game industry.
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