Colin Huang and the Billionaire Speedrun

[@Asianometry]

Hope you enjoyed the video. If you like what this channel does, please subscribe. Got a topic suggestion? Let me know about it

[@rhythmandacoustics]

Topic why TSMC sells to China and why Taiwan and China still do trade with each other despite showing military power.

[@falconsaviour1487]

Maybe make a video on Networking in Chinese IT company. For example this guy in the video knew huge amount of influencial people

[@terencekwong3033]

I think Google dropped the "don't be evil" part out a few years ago 😈

[@LoneWolf-wp9dn]

google is an nsa operation... if you doubt me look up all the technology transfers that happened between them and various government branches

[@andro7862]

I'm speedrunning this channel.

[@iemozzomei]

Only found you recently, but your stuff seems fascinating. Keep up the good work!

[@nexusyang4832]

I guess he found the konami code in real life.

[@georgeso4364]

Amazing stuff! Always happy to see your new content! Greetings from Cupertino California

[@julkiewitz]

I guess he clicked on one of those "get rich fast" emails in his inbox.

[@workerworker7961]

As of September 17, 2021, Colin Huang has lost 27 billion due to the latest Pinduoduo share price crashing, the largest wealth drop in history according to Bloomberg.

[@LurkerDood]

Colin Huang is worth $50.8 Billion USD right now

[@samsonsoturian6013]

Pinduoduo's ridiculous business model should have told everyone that it was just a passing trend like Fall Guys.

[@Rajivrocks-Ltd.]

Fall guys still going strong tho

[@mechamicro]

@@Rajivrocks-Ltd. not really

[@Rajivrocks-Ltd.]

@@mechamicro It still has a playerbase so its doing well. You don't hear news about hem struggeling. They have like 15-17k daily players. Sound fine to me

[@Ellesar925]

Temu took this comment personally😂

[@stephenkrus]

Dude? Are you a professional analyst? Your videos are so on point! As an Investor of-sorts... I can't help but expand my perception and understanding thru watching your videos. Especially on the Future of Asia.

[@zigydk]

It is such a joy to see your documentaries.

[@lelouch9609]

Bro make more videos like this 🙏

[@Suntoria236]

Very interesting, thanks!

[@anonimuse6553]

Moral of story - stay away from Pinduoduo. Do not share it with your family, do not share it with you friends, do not share it with your dog. Or as the great Dr. Seuss might say - I do not like it with a pen, I do not like it with a friend, I do not like it in the very end.

[@leonardschofield9913]

Suess

[@liquidsoftpc]

*dude was striking while iron is hot good for him*

[@timmybarns3917]

Now he has Temu

[@gkanai]

Considering how the CCP has clamped down on China's tech sector, Huang got out right on time.

[@therocketmanprince682]

Yes , lol , he is clever dude

[@falconsaviour1487]

He is a genius is every sense of the word. Genius student genius engineer genius product manager and founder. Also a great business guy got out just in time leaving a bad business. He lost 27 Billions this month (Sep 2021).

[@therocketmanprince682]

@@falconsaviour1487 how?

[@falconsaviour1487]

@@therocketmanprince682 Share price fell due IT company crackdown on recent Chinese cultural revolution 2.0. its big thing. US, AUS and UK made a new alliance due to this.

[@MrFredscrap]

The guy run what in Japan would be called a "black company", worked people to death, and, while company is still not turning a profit, he run away with (most) of the money before the communists comes to collect for "common prosperity" Theres no heroes in this story, only villans of various degrees. Remember, in China you dont become a billionaire without patronage of someone within the CCP, the only difference is which faction of the CCP you're with.

[@Rajivrocks-Ltd.]

Great stuff as always!

[@fannyalbi9040]

i think weeks ago i watched a video in yt talking about it. the “interesting buying/shopping experience”

[@harrykekgmail]

Very instructive video!

[@cyk_official]

Regardless, his comment on Google (3:00) is extremely ironic looking back from today's Google...

[@zodiacfml]

it is fair considering it is a long time ago. i thought the narrator is trying to be funny on saying Google is a "startup" but years and rapid expansion...

[@EnDianNeo]

@@zodiacfml Back in 2004 Google was a startup that just IPOed, and their first wave of expansion was back in 2003, so not entirely mistated.

[@johnl.7754]

Management has changed also as the founders stepped down

[@SaretGnasoh]

Yup, google is the devil now

[@illeatmyhat]

Back in 2007 it was actually true. Now it's patently false

[@avernvrey7422]

Let's be honest, this fella is evil, very evil. Working people to death to sell scams and fake and stolen goods that deceive the buyers only hooking them in (fooling them) with ultra low prices. That old google motto really means nothing in practice, and he learned that lesson well. Also, he probably stepped away because he knows his app is crap. Took the money and ran.

[@leanderbarreto6523]

Maybe make a video on air India: India's failing airline

[@Asianometry]

Air India? Interesting idea. I’ll look into it.

[@shouryabose9143]

As an Indian, Air India is a fucking disgrace. Wouldn't fly it ever again.

[@LoneWolf-wp9dn]

Wow merging mlm and slots mechanics and a few other things specific to china... guy was really smart

[@zeemanuelatnafu2400]

your stuff is great.

[@freenational]

He has no loyalty to something he created. He just cashed out when the value was high.

[@therocketmanprince682]

He is clever guy

[@rich1355]

that was called black company

[@abdiganiaden]

300 hours work a month is nuts! I work from home and still keep at around 8 hours, anymore and I’m unproductive and will just space out

[@LurkerDood]

Need a TEMU follow up!

[@rich1355]

I'm really disappointed for the founder who actually just "walkout" from his startup company that just startedly faces massive challenges, and just take out 40 billion out from it then retire LOL

[@kevinang5209]

Until now, the company has not been profitable... That explains a lot about his departure, I suppose.

[@thestatpow5]

Aren't companies rarely profitable in the first years?

[@oleung330]

And then those profits went directly to "common prosperity" than it's shareholders lol. Assuming they are using all net income and they maintain the same level each quarter... just another 3 or 4 quarters until they can start building up their own retained earnings with those profits!

[@Ellesar925]

Wonder if Mr nometry has done a Temu follow-up to this?

[@awesomewav2419]

Aka Billionaire Any% SpeedRun

[@JaimeResendizDelgado]

So many Computer Science majors creating these companies in China

[@ToastingInEpicBread]

grindset

[@georgeshapiro301]

I don't think Google could still be considered a startup in 2004

[@mururoa7024]

When a single one of your employees commits suicide because of his job, or dies of exhaustion, no matter the wealth you amassed, you failed.

[@TheKingBoloz]

Speedrunning to a billion!

[@thelastofthehitachi972]

"local traditions" lol

[@holarryho]

I will always remember their jingle lol Pin Duo Duo~ Pin Duo Duo~

[@coolkid2329094]

You say "Years to IPO" as a factor to evaluate the company by. But reaching IPO is just a way for the company to raise more money for either product improvement/new product launch/etc. It is not an assessment of how good the company is doing. Am I wrong here? If I am wrong, please help me understand.

[@leepxl2364]

Founders and early employees make their possibly biggest fortune in a lifetime, by unloading (part of) their stock holdings. So for them, years to IPO is a big milestone to measure their efforts.

[@bunyu6237]

Well yeah, you're correct, small years to IPO can mean anything, including just want to cash out fast. But at the time of IPO at least there must be a working product that can captivate potential investor, and there should be plausible long term profitability. Investor is not that dumb, but for sure some investor can be fooled.

[@dmacpher]

Too and they removed do no evil lol

[@michelebianchi7861]

These billionaires are just figure heads... Sure they have some money but it's mostly spectacle

[@sisyphusvasilias3943]

PLEASE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Do a video on 996. I hear it is now outlawed???

[@PhongHuynh-yx1ju]

top 30

[@Qwuiet]

Is CCP recruiting him?

[@williamkim5016]

Pinduoduo

[@AgentOffice]

Definition of dumb luck

[@chaophil8254]

be a Chinese, pdd's stuff are very cheap.

[@honestking.5699]

💚💚💚💚💚💚💚💚💚❤️❤️❤️❤️❤️❤️❤️❤️❤️😍😍😍😍😍😍😍😍😍💚💚💚💚💚💚💚💚💚❤️❤️❤️❤️❤️❤️❤️❤️❤️😍😍😍😍😍😍😍😍😍. for great personality Mr.coling Huang.