It is a pity that with the Internet cold wave, Jack Ma’s e-commerce profit model has not been found, but more and more money has been burned. When he flew to Tokyo, Japan to report the company’s situation to Sun Zhengyi, Sun Zhengyi was at this time. At the darkest moment of his life, he was almost the world’s largest Internet investor in the face of his face. In the past few years, he invested in 150 Internet companies around the world. The shares of listed Internet companies held by SoftBank once occupied the global stock market. Eight percent of the market value.

Once Sun Zhengyi passed Bill Gates and became the world's richest man, his assets have shrunk by 95% at the moment. Hundreds of Internet companies he invested in are in a mess. No one knows where the future lies.

That day, the countries that came to report went in one by one with a sad face.

It’s Jack Ma’s turn. After he briefly talked about Alibaba’s situation, Sun Zhengyi said quietly, “I’m here to report today. What I said is different from what I said when I invested in them. Only you are still there. Say what I said back then."

After returning to Hangzhou, Jack Ma Fubu to the outside world. Next year Ajia will only make money. The media asked, what is the profit target? He happily replied, one dollar.

At this time, Fan Wuyi is also busy engaged in operations related to interconnected state enterprises

In the top-floor office of Fan’s Technical Capital Group’s capital headquarters, he was lying on his desk in the shed, lying in the boss’s chair. Basic information and operating performance.

And Fan Fang, the general manager of the disease, reviewed the good people at one glance and ten lines. The company occupied it or shook his head. He occasionally thought about it. Then the secretaries would give the company a rating based on Fan’s reaction. Those who enter or shake their heads are happy to choose the best, and the ones that can make President Fan contemplate are naturally the more important companies. At this time, Lao Kang disease will often make some instructions after thinking about it. How to operate by Jue Yu You Dang

These companies are listed companies within the scope of the new economy.

In the past three years, due to the urgent need to solve the ten-year bug problem with the help of the Internet boom and ten years, many companies have made great investments in infrastructure, group and individual consumption. Those who purchased a large amount of four, software and hardware fields, the industry ushered in unprecedented prosperity with large investment in models, substantial increase in income, and high efficiency. But this is to a large extent a kind of early consumption and investment.

After entering this year. The operation and service fields are full of karma, and it is difficult to make ends meet.

The fourth type of production and operation, companies are often caught in the decline in orders, the market is shrinking and the flow of potassium is insufficient.

territory.

At the same time, the negative impact brought about by the stock market's collapse has suppressed investment and consumption. The entire industrial chain has shifted from an upward cycle during the inflating period of the stock market bubble to a downward cycle after the bursting of the stock market bubble.

As the star of this round of bull market, Internet companies have fallen the fastest and worst. Small and medium-sized enterprises have gone bankrupt, and it has become extremely difficult for large enterprises to operate.

In particular, the huge investment of telecommunications companies in network construction and corporate mergers and acquisitions cannot get the return they deserve. From rookies to established giants in the industry, none of them are fortunate enough to fall into trouble.

Among the rookies are the four former entrepreneurs known as Global Telecom, which was called Yijingzhizhiguan. At that time, its telecommunications network connected more than 200 cities in 27 countries around the world, and the market value was as high as 80 billion US dollars at this time. Due to the sharp drop in the price of network services, the cost cannot be recovered, the debt cannot be repaid, and it is on the verge of bankruptcy.

Lucent, which owns the Bell Research Institute, the cradle of technology, has frozen the market value of Yunguai's stock from its peak of more than US$250 billion to more than 10 billion.

And companies like Motorola. This year's losses have also come, four billion U.S. dollars. Even the world’s number one network system supplier Cisco under Fan Wu’s has been out of date for a short period of time.

damage.

entire. The computer industry has fallen into the first major crisis in two decades. Many small and medium-sized enterprises went bankrupt and delisted.

Enterprise giants such as Hewlett-Packard, Kangpai, Apple, etc. all published revenue reductions, tooth reductions and losses in different ways. The stock price of Oracle, the leading database software company, dropped by 90%.

Although the performance of the company reflected on the big screen is not as good as that, but Gu Lao Wuyi's mood at this moment is extremely happy. What happened to the four secret bosses around him?

Seeing the secretaries' inexplicable expressions, Fan Wuyin slumped, "Remember that as long as you have a wise vision for a friend, once the stock market drops to the green of everyone's faces, it's time to enter the market."

At this time, Fan Wuyao did only one thing that the county had to judge which industries could be acquired, and also to judge whether these companies had a good acquisition opportunity and the proportion of equity to be acquired, etc. Once these Wei conditions were determined. . The financial management team handles all the down-to-earth things like today's concubines.

Although he called the Danzhuo management team to have completed two waves of operations before, but for now, "Wumu has reached the time when Fan Wuyi needs to do it himself."

During the period of economic bubble inflation, listed companies face much greater pressure than usual to increase profitability. This is not only an urgent requirement of investors for enterprises, but also that business operators, especially executives and financial officers, must surrender in order to ensure their own interests. The difficulty of satisfying the answer sheet is related to their high salary and stock options.

And when the business situation of the company is in trouble. Some business operators try to win the hearts and minds of investors. To ensure their fame and fortune, they will resort to illegal means to falsify accounts, falsify business performance, destroy evidence, and evade audit supervision.

However, the paper package cannot hold back the fire. Fourth, after the economic bubble burst. A series of joint financial scandals have been uncovered one after another.

One was published in the American "Wired" magazine in July. Among the top ten PC software companies in 1984, Microsoft ranked second. By this year, Microsoft jumped to number one. The other nine companies that year all disappeared from the rankings.

The reporter wrote with emotion that perhaps we should re-state what a good company is.

The ups and downs of the same companies were also born in China's new economy enterprises. According to statistics, only one-third of the top 20% of the largest enterprises in the Guancun Science and Technology Park from 1995 to the present six years. As soon as they survived, only one-fifth of the companies that have survived are still in the top 20%.

In fact, relative to the expansion of the new economic bubble, mass media and analysts bear great responsibilities.

At the time when these high-tech stocks were booming. Most of the analysis and the public focus media have played a role in fueling the flames. Among them, there are some blindness and limitations, but the overhang is more speculative.

How can financial analysts who grew up in the mature financial market of the United States have no doubt about the illusion of the Internet? But everyone involved understands that a car situation can only continue to expand if it continues to boast about the growth rate of the Internet.

This is just like the emperor's new outfit. Although everyone can't see anything substantial, the safest and smartest way is to continue to act, continue to believe, and continue to appreciate.

It's like what Warren Buffett, who is known as the stock god, said in a letter to Gu Music for a while. Investors' enthusiasm for technology stocks is like Cinderella in a fairy tale knowing that the carnival ball will end at twelve o'clock, when all the beautiful clothes, servants and carriages will disappear, and there will be a poverty-stricken mound. Female, mouse and sweet potato, but Datang is still unwilling to leave early. I always hope to leave a few seconds before Qianye Zhonghu remembers.

It's a pity that the clock at the ball doesn't have a second hand. No one knows when the clock will ring. As a result, when midnight comes quietly, most people can't leave.

Hua Zai’s clothes are gone, the carriage is gone, and the mansion is gone, only a lot of work has been softened.

Fan Wubing has been busy for a whole day, and he is sure that he has not let go of any company that has a good character and will make a difference in the future. After doing some statistics at this time, more than a hundred companies have now been circled, and they are divided into three according to the degree of concern.

It is a pity that some of these companies are ~lightnovelpub.net~. Fan Wuyao is unlikely to get a controlling stake. Just like Sun Zhengyi of Softbank. Although his market value has fallen a lot, a certain opponent is more optimistic. company. He didn't want to let it go all the time, and relying only on the bargaining chips collected from the market didn't seem to be enough for Fan Wuyao to obtain huge profits. This was indeed a big one.

"These cunning Japanese, why don't they let them have a cerebral hemorrhage?" Jade disease is a bit of hatred and itchy teeth. But there is nothing to do.

In fact, for American companies, Fan Wuyi has a lot of hands-on grasp, and Bi Zhanggao's market liquidity is very good. However, it is more difficult to say for some domestic companies listed on the Nasdaq. Except for some companies that I have invested in before, it is obviously very difficult to report to some domestic Internet companies that the Japanese consciously control. of.

To a large extent, the Japanese have a strong sense of control over these companies not just for making money. I have some Internet companies in China that are involved in a certain rising period. It is very helpful for Japan to expand its influence in China, so they would rather lose some money. He would never give up his rights and interests in this area.

Facing these persistent Japanese people, Fan Wubing felt a bit old-fashioned for a while.