Chapter 32: How to Satisfy the "Sugar Father" The balance sheet is the main accounting statement showing the financial position of an enterprise (. the status of its assets, liabilities and owners' equity) as of a certain date (usually the end of each accounting period). It reflects the state that has already occurred in an enterprise. However, the paper written by Jiang Hao, "A Balance Sheet Data Analysis Model Based on Profit Rate Constraints", innovatively used the constraint curve thinking method, combined with various mathematical analyses, and used profit rate to conduct a new analysis of the balance sheet. Therefore, Jiang Hao's paper was taken so seriously and accepted by Economic Research Review, one of the "Econ top 5". Now, the "financial sponsor Goldman Sachs" wants to write an analysis and assessment of Pinduoduo's future balance sheet based on the ideas of that paper. Of course, Jiang Hao has to take it seriously. Jiang Hao held his chin with his right hand, sitting in front of the computer and thinking: How should I write this report so that the financial sponsor can be satisfied? In his previous life, Jiang Hao had always been "dreamed of" by his boss. In this life, the situation is reversed. Jiang Hao has to "dream the pie" for this group of "bosses". Jiang Hao finds this quite interesting. "Brother, it's been the whole afternoon, and you haven't written a single word?" In the evening, Zhou Tao returned to the dormitory carrying a bunch of KFC fast food. Looking at Jiang Hao sitting in front of the computer, clasping his hands seriously, with not a single word on the computer screen, he immediately became anxious. "How about I give up my place and you write?" Jiang Hao gave Zhou Tao an unpleasant look. [Would you like to spend 1% of your health to exchange for an analysis of Pinduoduo's future balance sheet? ]
After getting angry at Zhou Tao, Jiang Hao took a look at the system prompt. Ever since Jiang Hao's [physical condition exceeded 50%], this system seemed to be afraid of death, and it kept tempting Jiang Hao to consume from time to time. Jiang Hao really couldn't resist the temptation: when he was on vacation at home, Jiang Hao had to face boring reading and data analysis all day long, which was very boring, so Jiang Hao did it at least once a day, and sometimes the number of times was unbelievable. The number of times was quite high, and when the system showed [Kidneys that will never suffer from kidney deficiency], Jiang Hao really couldn't help it, and spent a full [15% of the physical condition] to choose to exchange it. Now he only has [44% of the physical condition] left. So, when the system asked [Do you want to spend 1% of your physical condition to exchange for a copy of Pinduoduo's future balance sheet analysis? ], Jiang Hao simply ignored it! The source of this system's [physical status] is on the one hand the [system reward] for completing tasks, and on the other hand [Friendly note: every time you finish reading 100 books, you will gain an additional 1% of health status. ]. In case the [System Reward] does not include [Physical Condition], Jiang Hao needs to read 100 books to get [1% Physical Condition]. If his [Physical Condition] were to be reset to zero, Jiang Hao would be dead, and the book would be over! After finishing the hamburger, Jiang Hao adjusted his mindset and started typing on the computer. It was late at night and the dormitories were about to close. In front of dormitory building 6113, seven boys were squatting together smoking. They were Jiang Hao's roommates, but when Jiang Hao started typing on the keyboard in the dormitory, Zhou Tao called all the roommates out. Although the weather was cold, they earned 25,000 yuan with Jiang Hao and Zhou Tao last semester, so they had no complaints when Zhou Tao asked them to come out. Zhou Tao glanced at the time, then went back to the dormitory to look at Jiang Hao. Seeing that Jiang Hao showed no signs of stopping, Zhou Tao took out his wallet, gave each of the remaining six roommates 200 yuan, and said: "Don't go back and bother Jiang Hao. I'll give you 200 each. Go out and get a room!" "Thank you, Brother Tao!" The six roommates happily took the money and left. At the beginning, the roommates were jealous of the success of Jiang Hao and Zhou Tao. But now that the distance between them is so great, all they have left is regret. They regret that they did not establish a good relationship with Jiang Hao in the first place. Now they want to get close to Jiang Hao, but it is impossible. The night was already deep and quiet. Jiang Hao finally typed the last "period" on the computer. Fortunately, because the model of the paper "A Balance Sheet Data Analysis Model Based on Profit Margin Constraints" was saved in Jiang Hao's computer, Jiang Hao only needed to add and modify a few variables for this model of Pinduoduo's future balance sheet analysis. Of course, in order to successfully "draw" a bigger "pie" for the "bosses", Jiang Hao also incorporated a lot of successful experiences of Pinduoduo that later generations knew.
"Did you finish writing?" Seeing Jiang Hao stretching, Zhou Tao hurried over. Jiang Hao nodded with satisfaction and said to Zhou Tao, "Well, I've finished writing it. I'll send it to your email address. You can take it!" Zhou Tao said uncertainly: "Why don't you check again?" Faced with the doubts, Jiang Hao frowned unhappily. Seeing Jiang Hao's dissatisfied look, Zhou Tao was a little scared. He didn't dare to question it anymore, and then asked carefully: "Brother, is there anything else you want to tell me?" Jiang Hao took a sip of coffee, thought for a while, and said: "The valuation of a company in Series A financing is at least 50 billion, and the other party is required to invest at least 5 million." "Then you need to ask the other party for help and connect with Tencent." "It is crucial to get Tencent to invest. Otherwise, my assessment of the balance sheet will be completely on paper!" Then, Jiang Hao moved the cursor, and an icon appeared on the computer screen. Jiang Hao pointed at the curve of the icon and said to Zhou Tao, "Did you see the curve of this table?" "This is the traffic brought by Tencent that will boost Pinduoduo's future. This is the core of this balance sheet." "I don't understand!" Zhou Tao shook his head as he looked at the mysterious icon. Jiang Hao said, "It doesn't matter. Just show this report to Goldman Sachs. They will understand." Zhou Tao asked Jiang Hao in disbelief: "Haozi, you said we have nothing, and you want a 50 billion round A valuation?" Seeing Zhou Tao unsure, Jiang Hao said to him seriously: "Remember one core point, this is the key to success!" "What?" Zhou Tao asked nervously but seriously. Jiang Hao said: "That's the courage to spend money!" Zhou Tao frowned, somewhat understanding and somewhat not understanding. Jiang Hao continued to say to Zhou Tao: "You have to know that we don't have any advantages!" "The business model is here, and all the tricks are here. If we can think of it, others can think of it too!" When Zhou Tao heard this, he quickly said to Jiang Hao with admiration on his face: "No, no, no, Haozi, others would never expect you to have so many tricks!" Jiang Hao said: "Even if others can't think of it, if you show it to Goldman Sachs, they may also copy it. Therefore, the key to our Pinduoduo's success is two words - burning money!" Looking at the calm Jiang Hao, Zhou Tao tightened his throat, nodded, took out the little notebook seriously, and waited to listen to Jiang Hao's next instructions. (End of this chapter)