Rebirth 1984: Starting with the development of Hanka

1999 is known as the craziest year for the Internet.

Since the end of February, major websites under the Wujiang Group have successively announced the success of financing, with a time interval of less than 2 days.

Every successful financing has caused a sensation around the world.

Countless people are envious of this. They can obtain at least one billion U.S. dollars through one round of financing, and then cash out casually to achieve financial freedom!

Stimulated by this, more and more people are flocking to the Internet industry like crazy, which can't help but cause the Internet bubble to inflate bigger and bigger.

In the Silicon Valley of M country, even supermarket salespersons and sanitation workers are talking about starting a business, developing a website, and then finding investment companies to raise funds to become rich in one fell swoop.

Thousands of investment companies in country M, large and small, are also fascinated by this false bubble. Many people only have one idea and haven't even written a line of code. How dare investment companies Go invest.

It is hard to imagine that almost 99.99% of websites have been losing money, but they are still favored by investment companies.

In the words of investment companies, they are optimistic about the future development of the website. They do not consider profitability at the moment. As long as the traffic is high, sooner or later the traffic will be monetized.

This seems to be the default consensus in the Internet industry and investment field.

It is precisely because of this "excuse" that...investment companies don't care whether your website can make money, they only look at traffic. If there is traffic, they will invest. If a website company wants to get money from an investment company, it will continue to advertise, because as soon as it advertises, the traffic will increase, and then it can continue to ask for money from the investment company.

In order to obtain traffic, many websites can only keep burning money, almost forming a vicious cycle.

The major websites under the Wujiang Group have repeatedly set revenue records.

Because Wujiang Group controls Internet traffic entrances, such as portals, browsers, navigation websites, e-commerce, social networking, search engines, game platforms, etc., other websites that want to advertise will first turn to Wujiang Group.

The better the performance of Wujiang Group's websites will only stimulate investment companies and more people to enter the Internet industry, and then inflate the bubble bigger and bigger.

Until the bubble bursts and countless websites go bankrupt and collapse, the websites owned by Wujiang Group lose a large number of users and will be knocked back to reality.

By May, more than ten websites including Alibaba, Amazon, Taobao, Pandora Music Website, Rotten Tomatoes, and Netflix had all successfully raised funds, receiving a total of more than 5 billion U.S. dollars in investment.

The financing has just been completed, and the IPO process will begin immediately. It is necessary to have all these websites listed on Nasdaq before 2000.

By the beginning of 2000, major Internet companies around the world will release financial statements one after another. Good guy, these financial statements are absolutely terrible. If you are not careful, the Internet bubble will burst. The reason why the Internet bubble burst in the previous life was largely due to this.

Right now, the Internet bubble is much more serious than in previous generations.

However, no one will be so stupid as to release news that is not good for themselves this year. In short, if it can last for one year, wouldn't it be good to take the opportunity to defraud some investment?

……

……

Borderless Building.

The conference room of Wujiang Group headquarters.

Zhao Ye called all the main people in charge of the Internet company for a meeting.

After everyone arrived, Zhao Ye came to the front seat and sat down, and then said: "So far, the financing plan we have formulated has been completed, and the next step is to launch the IPO. At the moment, the Internet bubble has become extremely serious. I predict that early next year will When big Internet companies release financial statements, they will definitely be terrible, which may cause the Internet bubble to burst! Therefore, everyone must be mentally prepared to welcome the Internet winter!"

As soon as Zhao Ye finished speaking, no one was very surprised.

It is everyone’s consensus that the Internet industry has created a huge bubble, which may be burst at any time.

Zhao Ye continued without hesitation: "So, before 2000, all the major Internet companies under the Wujiang Group must complete their IPO plans. As long as we have money on hand, even if the Internet bubble bursts, we can still persevere!"

"However, starting from this year, everyone should consciously stop blind expansion to reduce the losses caused by the bursting of the Internet bubble."

"Okay, Director Zhao!!!" After hearing this, everyone nodded in response.

Zhao Ye added: "When the Internet winter comes, big waves will wash away the sand, and most websites will be eliminated by then. After the cold winter, the Internet industry will finally usher in the dawn!"

"Director Zhao, the company has so much money on its books, what should we do now?" someone asked at this time.

Zhao Ye laughed when he heard this: "Blind expansion is not advisable, but we can spend money to develop technology! Many project development is also very expensive. In this regard, you can burn money like crazy! I hope that at the beginning of 2000, we will release The financial statements, like those of other companies, are terrible..."

After a pause, Zhao Ye added, "Ahem, the worse, the better. In this way, the stock price will definitely plummet, which will help the company repurchase shares on the stock market!"

It's more miserable than me, who can be more miserable than me?

Isn’t it normal for us to spend hundreds of millions or more than a billion dollars on scientific research?

Artificial intelligence and machine learning, cloud computing, blockchain technology, edge computing, deep learning, virtual reality, augmented reality…

Zhao Ye originally planned to develop these cutting-edge technologies, so he simply took this opportunity to spend the funds raised, deliberately causing the company to suffer serious losses, and then repurchasing the shares at a low price.

Anyway, I am not spending my hard-earned money, and I don’t feel bad at all. When I buy back the shares, I will launch a successful business model in my previous life, monetize my traffic, and reverse my profits and losses.

Zhao Ye hides many business models.

After the Internet winter is over, Wujiang Group can usher in the web 2.0 era.

In the web1.0 era, Internet users were just browsers of website content, but in the web2.0 era, internet users can also be the producers of website content, including Weibo, Twitter, Facebook, Qidian, Bilibili, YouTube, etc. The website grew rapidly.

Everyone understood and immediately understood what Zhao Ye meant.

This is a deliberate attempt to deceive investors and stockholders in country M! ! !

……

There are many procedures for IPO, and it is difficult for ordinary companies to be listed on Nasdaq, but the websites of Wujiang Group do not belong to those companies.

Goldman Sachs, Sequoia Capital, Morgan Stanley, Vanguard and other major investment companies in M ​​country are eager for Wujiang Group's website to be listed as soon as possible so that everyone can collect money and cash out together.

Wujiang Group cannot say that it is colluding with these investment companies, it can only say that each one gets what they need.

With these M-country capitals protecting the IPO of Wujiang Group's website, Zhao Ye didn't have to worry at all.

……

……

After Lujiazui opened to the outside world, more and more tourists came here to check in.

Every Chinese tourist who comes here is amazed and feels deep pride from the bottom of his heart.

When every foreign tourist comes here, they will be stunned and can't help shouting "Oh my god, Oh my god...". Obviously, they can't imagine that Lujiazui will be so beautiful and prosperous. It's really incredible. I can't believe it.