Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 737: A Man Who Delayed the Release of Forbes
The media gave a multi-dimensional interpretation of this long-distance conversation, and netizens imagined another ups-and-downs business war drama following the "Battle of Murphy and Ma".

On major social platforms, discussions about the "Mercedes-Jason dispute" continue to ferment:

"Boss Mo's words show that he is not optimistic about LeEco's development. Does he know some inside information?"

"What's the inside story? It's obvious that Chen Mo is not used to LeEco's success. Didn't you see that a few days ago, LeEco Auto also announced that it had received Pre-A round of financing from Lenovo and other institutions, which is said to be as high as hundreds of millions of US dollars?"

"Investors who invested heavily in LeEco this year have indeed made a lot of money. Chen Mo is pouring cold water on them now. Could it be that he is jealous?"

"How can a sparrow know the ambition of a swan? What is Mr. Mo's wealth and status? What is Xiao Jia? Can you be jealous just because of a few coins?"

"Jia Yueting is known as 'Jia Busi' in the industry. His ecological counter-strategy is very forward-looking. I am optimistic about the long-term development of LeEco."

"Don't forget that LeEco has half of the entertainment industry's celebrity shareholders behind it. How could it possibly go wrong? Aren't all those celebrities cute?"

"Do you remember Mr. Mo's previous remarks about P2P? Fortunately, I listened to him and withdrew all the money from the P2P platform in advance. But within half a month, the platform collapsed."

"No matter what you say, I will continue to listen to Mr. Mo. He said before that Xiaomi's stock price would triple, and it really has tripled from the bottom at that time. Now he says LeEco is not good, so I dare not touch this stock. Believe in Mr. Mo, financial freedom is not a dream."

Although public opinion continued to ferment, Chen Mo remained silent after posting that meaningful Weibo post.

On the other hand, Jia Yueting may have chosen to stop there for business considerations.

The silence of the two protagonists finally brought this highly-watched business confrontation to a calm state, leaving only countless speculations to continue to echo in the capital market.

If there is a more difficult task in the world than gathering global CEO candidates for the Bi'an Tianji Pavilion, it must be the challenge currently faced by the Forbes Shanghai branch.

In China, Forbes has a professional editorial team of about 100 people. This elite team is dedicated to exploring and organizing data on China's wealthy people day after day.

Their work process is rigorous: they unravel the details from the equity reports and financial reports disclosed by a large number of listed companies; and they capture clues about candidates and companies in the vast ocean of financial media reports.

For those unlisted hidden giants, editors need to use financial ratio analysis to deduce convincing wealth valuations through horizontal comparison with listed companies in the same industry.

The birth of each list has to go through multiple refinements: cross-verification of information sources, precise processing of data, and repeated scrutiny of conclusions. Only this series of rigorous processes can create the authoritative list that symbolizes the wealth map.

Every subtle change in the ranking at the top of the list affects the nerves of the business community and is related to the credibility of Forbes' century-old brand.

In recent years, with the rise of Hurun Rich List, the differences between the two lists have repeatedly caused controversy.

In order to defend its reputation, Forbes has to push data accuracy to the extreme, even though it is well known in the industry that it is not easy for such lists to achieve an accuracy rate of more than 60%.

After all, the wealthy have different mindsets.
Some wealthy people will deliberately exaggerate their wealth when being interviewed in order to enhance their influence.
Some wealthy people and families deliberately conceal their true wealth in order to make a fortune quietly;
What’s more, for those private enterprises with complicated equity structures, their true value is often unclear.

These will all be factors that affect the accuracy of the list.

Everything was going well, but when they investigated a company, they got stuck.

three months ago.

The editors of Forbes Shanghai branch have started a new round of wealth map statistics as usual.

When the research touched a certain company, everything started to go off track.

When the revenue data of the Beyond Group was placed before the eyes of these editors, even though they were well-informed, they were still shocked.
"Oh shit! Honor of Kings' global revenue for a single month is 18 billion? More than 200 billion on an annualized basis?!" A cry of surprise suddenly broke out in the office.

"It's as expected." A colleague at the next workstation typed away on his keyboard without even looking up. "After last year's Glory Cup World Finals, this game became a huge hit in Europe, America, and Southeast Asia.

The global daily active users are 5000 million, so this revenue scale is reasonable.”

"Wait. This company is also from the Beyond Bank?!"

"Which one? Tell me which one?"

"MiHoYo! The one that just released Honkai Impact 3! The revenue in the first month exceeded 100 million, and it's still rising."

The conference room suddenly fell into an eerie silence.

Someone was using a calculator and said, "Wow, the game business alone is worth nearly 100 billion. What kind of business monster is this?"

"The scale of its cloud computing business is second only to Amazon and is on par with Microsoft, with annual revenue of 200 billion."

"The other side. This is going against the will of heaven."

A month later, the team members who had been working overtime for a long time collectively collapsed and started cursing!

"Bian'an is an idiot. They invest in this and that. Is there any company they don't invest in?" Someone rubbed his hair like a mess in a mess frantically.

"I'm crazy now. When I see an Internet company, I subconsciously think it's invested by Bi'an." "What's wrong with Chen Mo's brain? How can he blindly invest in a software company? He just waved his sleeves and hundreds of millions went out. Didn't he think that someone was carrying the burden for him?"

"Now I understand why Jia Yueting is such a good name. No matter how big LeEco grows, its market value will never exceed 1500 billion. If Jia wants to surpass Chen Mo, it's like hitting Mount Everest. He has to stop, right?"

“Stop joking!” The editor-in-chief threw down a thick stack of documents. “The deadline has been delayed twice! Headquarters is asking us eight times a day now, and the president can’t take it anymore!”

However, until the last day of April, Chen Mo's net worth valuation remained an unsolved mystery.

This business genius successfully blocked the release process of the world's most authoritative wealth list with his suffocating industrial layout.

It is also different from Huawei in that this company is employee-owned and has no single controlling shareholder. Unlike Bi'an, which is highly centralized, more than 50% of the shares are concentrated in the hands of Chen Mo alone.

It stands to reason that the wealth of such a highly centralized individual should be easy to calculate, but the valuation team has checked repeatedly and still cannot come up with an exact number.

His asset structure is incredibly complex, including stocks in the public market, nested offshore funds, and even undisclosed technology patents and secret investments at home and abroad.

What's even more troublesome is that although this person is flamboyant on the Internet, he is extremely low-key when it comes to revealing his wealth and rarely discloses financial details, which even left Forbes' most senior investigative reporters scratching their heads.

Although Chen Mo's ranking has risen rapidly every year in the past few years, he has not been to the front, and everyone can still turn a blind eye to it.

But with the rapid development of Bi'an's various businesses and investment portfolios last year, they made a rough estimate and felt a little uneasy, because this guy is very likely to be in the top ten, and in the top ten of the world's richest list.

This cannot be taken lightly.

In the end, this data tug-of-war alarmed Mike Perris, CEO of Forbes headquarters on the other side of the ocean.

After listening to the team's report, he stood up, furious, and issued a short and tough order:

"Check it for me at all costs!!!"

Following the order from the headquarters, most of the 100-member team in Shanghai were involved in investigating the business landscape of the other side.

Three days later, inside the Shanghai branch of Forbes, everyone was shrouded in a strange atmosphere.

Everyone's face was filled with fatigue, yet there was also an inexplicable excitement. The sound of keyboard tapping rose and fell, and data tables were constantly refreshed on the screen.

As the investigation entered deeper waters, the numbers were tabulated one by one, and a possible understanding gradually became a consensus among everyone, and no one was in the mood to complain.

Fan Luxian, the head of the Forbes China Rich List and the head of the Shanghai branch, was pacing anxiously in the office, glancing at the core members of the team from time to time.
"Three months, a full three months, the final valuation of the other side... Chen Mo's net worth, hasn't been calculated yet?"

"Boss, we are doing the final summary. It will take another hour to get the results."

"Okay, I'll give you feedback as soon as I get out." After saying that, he walked into his office.

Fan Luxian rubbed his swollen head. He had a headache at the moment. Being urged by the headquarters eight hundred times a day would be a headache for everyone.

But what was more troublesome was the 'spider hole' on the other side, which really caused them a lot of trouble.

Yes, their team called the other side a tangled "spider hole". The deeper they dug, the more they investigated, the more confusing it became.

At first, they thought it was just an ordinary technology giant, like Xiaomi, JD.com, and SF Express, with a clear and traceable equity structure.

Several new subsidiaries added last year, such as Bianhua Cultural and Creative Industry and Bianhua Pictures, were not complicated and took only three days at most.

But the real hell began when they touched "Bian'an Venture Capital".

However, as the investigation entered deeper waters and touched upon the investment portfolio of Bian'an Venture Capital, a number of editors began to feel their scalps tingling.

The investigation team soon discovered that the investment network on the other side was like a pile of uncommented "shit mountain code", nested layer by layer, endless.

Every time you dig out a layer, you discover a deeper layer.

Bi'an's investment portfolio covers all areas and scales of the Internet, like an octopus with tentacles everywhere.

Mi'an Xinsheng, which has surpassed SMIC in the semiconductor industry, is on the other side.

The food delivery giant Ele.me, the travel giant Didi Chuxing, and the short video king Tik Tok are also on the other side.

The social matrix includes Bian'an Weibo, Bian Music, Toutiao, Zhihu, Bilibili, Douyu, Douban... and it's also from Bian's.

There are nearly a hundred well-known game, technology, and film and television studios in the world, and almost all of them have the shadow of the other side behind them.

Last year, Bi'an Venture Capital invested tens of billions of yuan to develop in the field of intelligent driving. From CATL, Xinyi Glass, to NIO, PATEO, and Sagitar...all are within its range.

What’s even scarier is that Bi’an is not a listed company and its financial data is not public. They can only piece together the outline from fragmentary reports and official announcements like a puzzle.
(End of this chapter)