Chapter 702: Trillion-dollar market capitalization
Ye Xiaorong improvised, and pulled the topic back again, "Since Mr. Fei has no concept of money and doesn't know his net worth, let's not discuss this issue first." However, how many companies are worth in the Facebook spectrum system, everyone is very interested in this question, and Fei will always have no concept. ”
Yuwen leaned back to make himself sit more comfortably, and responded with a smile: "If I say that I have no idea, it is estimated that the shareholders will be unhappy, they have invested a huge amount of money in the Facebook company!"
After a slight pause, he said: "There are currently three main Facebook companies, Facebook, Facebook Games, and WeChat Technology. None of these three companies are listed, so Miss Ye might as well guess which company will have a higher market value after listing in the future. ”
Ye Xiaorong's eyes lit up, being able to become the pillar of Dragon TV, of course, is not in vain, in the past few days, she has done a lot of homework.
Not only did he know Yu Wenfei's personal information well, but he also had a detailed understanding of the situation 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 and said: "There is a trap in the question of Mr. Fei, after the company is listed, the market value will definitely fluctuate, and the company with a high market value at the beginning may become low in two years." ”
Yu Wenfei laughed and said, "Okay, then the question is simpler, which company does Miss 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 simply: "I think in five years, the market value of Facebook Games is the highest! Because the profit model of this company is very simple and clear, every investor can understand it, and even this year, Facebook Games should be profitable, and the profits are quite high!"
If it goes public, the market value of Facebook Games will inevitably surpass Shanda and NetEase, reaching more than 10 billion US dollars! By the way, Blizzard's World of Warcraft is about to be launched, I heard that this is an epoch-making online game, and I think many viewers in front of the TV are looking forward to it. ”
Shanda and NetEase, both of which Ye Xiaorong said, are game companies that have been successfully listed on the NASDAQ. Shanda is a 100% pure online game company, and although NetEase's business is relatively miscellaneous, its performance in the first two years was so poor that it was almost delisted, and the market value rose again after determining that online games were its main business.
Shanda was just successfully listed in November, perhaps influenced by Yu Wenfei, Chen Tianqiao advanced the listing time of Shanda, which was originally supposed to be listed in 2004.
At the end of 2003, NetEase's market capitalization was in the early $4 billion, while Shanda's was $2.5 billion.
Therefore, Ye Xiaorong valued Facebook Games at 10 billion US dollars, which is very face-saving.
Of course, the market value she estimated for Facebook Games is also a few years later, and maybe the market value of Shanda and NetEase will 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 with this valuation, and she was not guessing by herself.
At the same time, she was also a little curious, what she said wrong, so she asked: "Then let's Mr. Fei to 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, on the topic of the company's future market value, it seems that I have not communicated with the shareholders, and I will take this opportunity to talk about it so that the shareholders of the company can also feel at ease. Yu Wenfei smiled heartily.
Turning to the topic, he said with a straight face: "In five years, the market value of Facebook Games is indeed 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 are extremely monetizable, and the profit margin is relatively high."
In particular, it is worth mentioning that online games will be the easiest and easiest business to monetize and make money in the Internet field in the future! However, the premise is that there must be good enough games to attract users.
In this regard, Facebook Games has already done a good job of layout, including the two major game manufacturers Blizzard and Welfort, and I don't need to say more about the representative games of these two companies, Warcraft, Dark, CS, there should be no boy who hasn't played.
Wait until next year...... , well, in fact, it was ten days later, it was 2004.
The online game World of Warcraft is about to be launched, so I'm here to make a promotion. 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 continue to rise, and the market value after listing is far from a matter of 10 billion US dollars. If I had to make an expectation, in '07 or '08, the market value of Facebook Games would exceed $50 billion. ”
Yu Wenfei's voice landed, Ye Xiaorong was dumbfounded, there was a little uproar in the studio, and many viewers in front of the TV had already exclaimed.
$50 billion!
According to the exchange rate at that time, converted into RMB, it would be 400 billion RMB!
Is it really possible for a game company to reach it?
You must know that in the domestic Internet industry, Sina, NetEase, and Sohu have the highest market capitalization, and none of them has exceeded the market value of 5 billion US dollars, while Yuwenfei has risen ten times lightly, directly to 50 billion US dollars.
Even five years later, this market value is outrageous.
"Mr. Fei...... Do you mean 50 billion yuan?" Ye Xiaorong asked tentatively, thinking that Yu Wenfei was wrong.
Yu Wenfei shook his head, "It's 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 enterprises with a market value of more than 10 billion US dollars will emerge in China, among which Internet companies will be the mainstay. In the next decade, there will be one of the world's most valuable technology companies in China. In the next 10 to 15 years, the market value of this company will exceed a trillion dollars!"
This time, it can really be described as an earth-shattering shock!
I don't know how many people opened their mouths wide in front of the TV, and many people shook their heads and sighed, thinking that Yu Wenfei was young and frivolous.
Of course, some people are becoming more and more interested in Yu Wenfei, ready to listen to how he explains this passage.
Even Ye Xiaorong couldn't help but exclaim, because what Yu Wenfei said was too shocking.
..................
"He's crazy! Bragging isn't that!"
In the provincial capital of the Central Plains, Mo Dad watched TV dumbfounded and blurted out.
"Xiaofei is not a frivolous child, he dares to say this, he must be sure. Mo's mother glanced at Mo's father and defended Yu Wenfei.
Mo Dad said with a smile: "Have you heard what he was talking about just now? Especially in the second half of his words, what company with the highest market value in the world appeared in China, and it was valued at trillions of dollars, you don't know what the concept of trillions of dollars is." ”
"Why don't I know, isn't it just a trillion dollars, isn't this number very high?" said Mo Ma unconvinced.
"Is it very high...... Well, I don't know how to explain it to you, let's put it this way, this figure is worth our country's GDP this year! Or it is not worth that much to sell our entire provincial capital!" said Mo Dad helplessly.
At the same time, there were many people across the country who reacted the same way as Mo Dad, and everyone's first reaction was that Yu Wenfei bragged too much......
............
Yu Wenfei's passage just now will be analyzed in two parts.
The first part is that he judged that in five years, a number of private enterprises with a market value of more than 10 billion US dollars will emerge in China, mainly in the Internet industry.
What is the concept of tens of billions of dollars, everyone in the studio understands, it is 80 billion yuan, close to 100 billion!
In 2003, there were not many companies with a market value of more than 10 billion yuan, and if you exclude the state-owned giants, private enterprises can achieve a market value of 10 billion, it is definitely a giant level, and you can count it with a slap in the face.
However, that's tens of billions of dollars! 100 billion yuan, and even if state-owned enterprises are included, 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 at all.
China's positioning is a developing country, and its economy is too far behind Europe and the United States, not to mention the company's market capitalization, and there are too many foreign giant companies!
IBM, for example, reached a market value of $200 billion in the sixties!
What was the concept of $200 billion in that era, most people may not be able to imagine, but when you talk about a comparative data, everyone will understand, just when IBM reached a market value of $200 billion, the GDP of the United States was only $800 billion.
IBM alone is equal to a quarter of the GDP of the United States that year!
And the United States was the richest country in the world at that time, and there was no one.
In 2003, the world's most valuable companies were Microsoft and General Electric, both of which reached $300 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 660 billion US dollars.
............
And Yu Wenfei dared to say that in the next ten years, in the country!
One of the world's most valuable technology companies will emerge!
And the market value of this company can exceed a trillion dollars!
In 2003, China's GDP was 11.6 trillion yuan, which is about 1.5 trillion yuan when converted into US dollars.
In other words, in the next 10 to 15 years, the market value of a company in China will reach two-thirds of China's annual GDP in 2003......
Many people think that Yu Wenfei is "crazy", and he really didn't wronged him at all.
There is also a key point here, Yu Wenfei is talking about "technology companies"!
It's not an energy company, it's not a financial company like bancassurance and so on......