Over $1 billion valuation!

Among the words that Josie said, only these words had the most impact on Wu Yuanfan and the others who accompanied him!

In fact, they have probably heard some rumors that there are many institutions that plan to inject capital into Hengchuang, but until now, from the mouths of Josie and the two, they are so clear until how much Hengchuang is sought after by the capital market and how much development potential it has.

Among them, Wu Yuanfan is the most touched, because among these people, he can be regarded as the oldest in "seniority", and he was already a member of the company before Josie joined the company.

It's only been a long time, and the small company that was reluctant to get a few good cars to travel at the beginning has already had such a scale.

Billions of dollars, how much is that? Even some listed companies don't have such a high market capitalization, right?

Josie didn't notice the expressions of Wu Yuanfan and the others, but leisurely told Tang Jun a little story, a little story about "Alipay".

It was probably 2002, he asked the company to develop a small payment software, and then when the company had almost no cash flow, he resolutely invested huge resources and money to run the payment software, of course, the huge investment at that time may not seem worth mentioning today, but for the company that was just starting out at that time, it was a considerable investment.

Then, when many people, including me, couldn't understand his move, he pointed to the small software and said that it is not just a means of payment, but in the future, it will be an online bank that can accumulate more than 10 billion or even more than 100 billion funds.

Then, Ali came, and he could have sold tens of millions of payment software that had only been launched for less than three months at the time, which was equivalent to a year's profit of the company at that time, but he did not hesitate to refuse, but exchanged for shares.

The reason for the sale is that the company's business cannot give enough growth to the payment software, and the company does not have enough experience, time, and energy to slowly incubate it, and competitors in the market will not give it this time. And the reason why it would rather give up the earnings equivalent to a year's profit of the company is because it is optimistic about its future.

Perhaps, in terms of the understanding of capital, he is not as good as you and me, but in the field of the Internet, he is far more accurate and long-term than anyone else. And this is also the origin of Hengchuang today.

Therefore, the word conservative is clearly not for him, and his ambition is beyond your imagination. ”

Because Tang Jun entered the company, it was after Hengchuang launched Renren and entered the stage of rapid development. What he saw was already a company that had begun to take shape and influence in the domestic Internet field, and at that time, with the improvement of the departmental framework, Gu Heng had lost the habit of in-depth analysis with his subordinates on everything.

Naturally, because of the lack of in-depth communication, he didn't know as much about Gu Heng as Josie, and he didn't know that the "Alipay" that is now being gradually promoted in various applications still has such a story.

In fact, before this, because Alipay was injected by Gu Heng in the form of personal shareholding, and it was not listed in the company's name, he always thought that Alipay was the right to use it purchased from Ali.

And because some of Hengchuang's businesses that use Alipay are only used as an online payment tool to facilitate users to buy book coins, Y coins, and game coins, they cannot play a role in precipitating funds like Taobao, so they don't pay much attention to it.

But now, combined with Josie's words, he suddenly realized.

Although Josie didn't go into too much detail about Alipay, with his understanding of capital and finance, combined with Taobao's operating model, he immediately understood the true essence of Alipay.

According to the mode of Taobao user purchase, confirmation of payment, and then delivery to the merchant to confirm the receipt of the goods, with today's logistics, it will take at least seven days or so, that is to say, in these seven days, the payment funds will always be on Alipay's account, held by Alipay, which acts as a "middleman".

This is the precipitated funds, and it is also its biggest charm, what is the approximate transaction volume of all the transactions on the Taobao platform in seven days?

Tang Jun began to calculate quickly in his mind, because he participated in Hengchuang's investment in Ali last year, and Gu Heng invested in Ali in the name of Hengchuang, and was based on the financial statements of Hengchuang, one of the major shareholders of Ali, he began to rummage through the information and data about Ali from the massive data and statements in his mind.

Taobao, the total transaction volume in the last quarter was 2.531 billion (the total volume of all transactions generated on Taobao in a quarter), compared with the previous quarter, the total transaction volume increased by 28 percent......

Through this data, Tang Jun concluded that the amount of funds that Taobao could precipitate in seven days in the last quarter was about 200 million.

With the development speed of Taobao, if its total transaction volume in a quarter exceeds 10 billion, the funds precipitated in seven days will be about 800 million, and if it exceeds 100 billion, it will be 8 billion!

From less than 3 billion in total quarterly trading volume today, it has grown to tens of billions or even hundreds of billions.

And this fund, in a sense, as long as Taobao does not collapse and has been operating, it is equivalent to Taobao's own funds. Because even if the last fund is settled, as long as Taobao's transaction continues, there will be a new fund deposited to Alipay.

The holding of this fund is the average time for Taobao logistics to arrive, with an average of seven days of arrival, then Taobao will always hold the funds of the platform's seven-day trading volume, and this seven-day fund is enough to derive a financial bank on the network.

Tang Jun does not think that this is impossible to achieve at all, from the current domestic economic development speed, the popularization of the computer Internet and other factors, e-commerce in the near future, will occupy a large proportion of the Internet field, and when tens of millions or even hundreds of millions of people are shopping online on Taobao, let alone eight billion in seven days, it is also possible to eight billion a day.

If you do some promotions on New Year's Day and other festivals, it is possible to break through higher values.

Suddenly, a light suddenly flashed in Tang Jun's eyes.

Even if he can't imagine that during festivals such as Double 11 in 2017, Taobao and Tmall will have hundreds of billions of transactions in one day, but with some data and the whole form he has so far, he can have a premonition of Alipay's broad prospects.

Unfortunately, although Hengchuang has the largest user platform, its attributes are not suitable for incubating Alipay as a financial tool, and only an e-commerce model like Taobao is truly suitable for the rise of Alipay.

However, it was precisely because of these thoughts that he suddenly had some indescribable feeling towards Gu Heng, which was an emotion mixed with admiration, self-inferiority, and even jealousy.

A year or two ago, I was able to think of Alipay's idea and see its great prospects, and because the company's business was not suitable for incubating this product, I decisively chose to transfer it and continue to operate the field I am familiar with and good at......

This point, if it were him, is estimated to be unable to do it.

Maybe when Alipay has a certain improvement, it may turn its focus and invest more resources in the e-commerce field to fight, and the result may be that it successfully strangled Ali and eBay, but lost the war with Tengxun, or it may be that both have achieved mediocre results and fallen into a melee with many strong people......

As for winning on both sides?

The probability is too low!

Because Hengchuang at that time, whether it was manpower, material resources, financial resources, etc., did not have the conditions for fighting on two fronts at the same time and being able to win the battle. Even if it is a one-line victory over Teng Xun, it is because of the full preparation in advance, and the opponent is caught off guard, and the corner overtaking is implemented.

Looking back, Gu Heng's choice at that time seemed to be very strategic, not only holding the equity of Alipay, but also binding the strategic relationship through the injection of Alibaba. On another battlefield, Tengxun was cut off again, and it has the most active and largest user base on the whole network, so that Ali needs to rely on Hengchuang's platform for promotion, so as to further strengthen the right to speak on Alipay and Alibaba.

Thinking about this, Tang Jun only had a wry smile on his face.

"Josie, you're right, maybe it's the boss's ambition beyond my imagination that has been delaying the timing of Hengchuang's financing. I must admit that there are geniuses in this world, and obviously, the boss is. ”

Tang Jun said, and began to guess in his heart, perhaps, the "Warcraft" game that the boss sent us over to negotiate this time may be really amazing.

After all, the previous "Legend" created a grand one, as well as Chen Tianqiao, who is said to be worth nearly 10 billion.

On the other side, Wu Yuanfan and the others didn't understand for a while, why did they suddenly change their tone when they heard a little grumbling and dissatisfied?

Could it be that the "exterminator Tai" and him were communicating with him just now?

Wu Yuanfan didn't know how to keep accounts in the small book in his heart.

The knowledge structure limited to a certain field makes it impossible for him to have the same vision as Tang Jun, and he can use a small point of Alipay to connect a series of data and combine the situation of the entire economy and the development of the Internet, so as to diverge to a broader imagination.

If he could know the lot of information that flashed in Tang Jun's mind just now, he would probably be able to understand why others could get a million annual salary and the company's stock options, but he barely got into the middle and upper echelons of the company by virtue of his qualifications.

There is no high or low person, but there is a difference between high and low ability.

…………

At the beginning of the founding of the People's Republic of China, after overthrowing the three mountains of the people, a great man actually wanted to realize this universal value.

Policies such as big pot rice, collective labor, and going to the mountains and going to the countryside can actually be seen as promoting this value.

Everyone works together and eats rice in the same pot, can you say who is more noble than whom?

While working together, as long as you are willing to follow those who have the ability to learn and study, you can naturally master more knowledge and skills, and there is no difference between high and low.

On the other hand, it is to let the young generation with knowledge in China, who are also the future successors of the revolution, be able to go deep into the basics to experience, first, to know the current situation of the country and how to develop and build in the future, and second, to eliminate the distinction between classes in the process of working with the peasants, and not to wait until the time of succession in the future, still like the old bureaucrats, thinking that once the power is in hand, they can be powerful.

From today's point of view, many policies were extremely forward-looking or even extremely advanced, and the great man overestimated the beauty of human nature and mistakenly thought that most of the people had enough ideological awareness, which led to the lack of policy implementation.

Some lazy people think that since they are eating a big pot of rice, then I don't work and I have to eat, so why should I work? So a group of people lead a group of people, and instead of learning from each other and promoting each other, they are hollowing out their minds and thinking about being lazy, resulting in production efficiency rising instead of falling.

There are also people who have a little power, and they think that they are superior to others, so they want to get something by virtue of the power in their hands. As a result, some people did the same, and classes were invisibly created again.

In the end, the original policy of wishing that no one is noble or low, and everyone is like a dragon, can only end hastily.

This is the inevitability caused by human nature, and it also determines that our country is still and will remain in the primary stage of socialism for a long time!

And now, decades later, although everyone shouts the slogan that no one is noble or inferior, and agrees with this view, because those policies were not implemented in place, classes are still everywhere in all corners of society.

For example, a rich person is superior to others, and everyone doesn't feel that there is anything wrong, because everyone wants to be rich, and thinks that what they dream of should be superior to the stage they are in now, otherwise what do you want to do?

As a result, where there is demand, there is a market, in order to cater to the curiosity and yearning of the general public for this "high-level", in order to win the eyeball economy, the so-called rich list has appeared.

Among them, internationally, there is the famous Forbes list. In China, there is also a relatively famous Hurun Report.

Back at the end of November, Gu Heng was on the latest issue of the Hurun Report's list of the richest people in the mainland, and he was still very high......