Reboot 2003

Chapter 65 065: Going Abroad

After the phone call, the two returned to the yard.

Originally, I wanted to go back and talk to Gu Wenjie about recruiting people.

After all, uuu9 is going to be done now, but there are still two projects, input method and browser are also two places with very low cost and a lot of important patent soil that can be used.

This requires the cooperation of many people with development experience. I just listened to Gu Wenjie's idea and forgot about it.

But before going upstairs, a child in the yard shouted to him: "Chen Qin, Xu Lingling, come and play marbles!"

So the two of them ran to play marbles with the boy until dark.

This is probably the life of an angel investor—unpretentious and boring. When you are too lazy to start a business, being an angel investor is indeed the most convenient way to catch the Internet bus... Chen Qin remembers watching an interview on TV before. The host asked a venture capitalist, do you just wait after investing money?Do nothing and wait to get paid?
Investors answered of course not. When they encountered difficulties, we were too anxious to sleep!

Chen Qin is still able to help the company develop technology, he is simply a good person among good people.Some Internet bigwigs cashed out and went to venture capital after cashing out. After two years, they went back to start their own business. The reason is that venture capital is really boring...

But Chen Qin is an eight-year-old pupil, why is he bored?At most, it is best to focus on patents now to prepare for starting a business when you grow up in the future. This is also very inspirational when you think about it.

How do you say that, if the young don't work hard, the old man will be sad.

As for investing...

Of course, you can’t be idle. Looking at the situation at home, it seems that this period of time is relatively stable, and you don’t need much cash. Of course, you still need to continue to invest, and use the advantage of foresight to let funds enter the state of money making money.

As for the investment project, it is the domain name now.

After all, this is indeed one of the best investment projects.

Now Chen Qin has more than 90 cash in his hands. Excluding odds and ends, he can use about 60 for investment.

The 60 in this era... say more or less.

The safest thing to say is that first-tier cities can barely buy a house, and those with annualized income less than this don’t need to consider it.

Of course, buying a house... On the one hand, it is inconvenient for an eight-year-old child, and it is a bit troublesome to explain to parents.

On the one hand, this is not the investment with the highest rate of return. Chen Qin doesn't understand the secondary market very well, and he doesn't have the time to keep an eye on K-line every day. The closest thing is the domain name...

In the past month, he has completed several domain name acquisitions. Now is the last wave of domain name transaction window before the Internet took off in 2005. Although Chen Qinlu continued to register nearly [-] domain names.

Among them are the common Shuangpin and four-letter words that I have been involved in before, and there are also a series of hot words in English-such as cloudserve, cloudplay, onlineserve, shareus, and wegame.

There are also some more gray ones - after all, domain names need to be sold for money, so instead of waiting for a bad guy's terminal, it's better to just wait for the big guy to hit him.

For example, eagame, eaplay, tencentgame, alicloud... are the main focus.

Because most of the most valuable ones have already been registered by others, and the rest may not be able to be sold if they are re-registered. When Chen Qin looks at the second-grade vocabulary book and gradually cannot find a suitable domain name, these things will gradually come into his eyes. Although it may be a bit risky, the rate of return is definitely there.

In short, hundreds of domain names have been registered in this way, and the registration is almost done.

But now that he has some capital, he can buy some directly. Many of the domain names that were registered earlier are not expensive, and it is suitable for investment now.

Chen Qin's investment goal is short domain names.

"Meaning is king" in the domain name industry. Of course, there is no doubt about it. Among all domain names, the most valuable ones are English domain names, but English domain names are already very expensive nowadays.

For example, in January this year, the transaction price of the domain name VIP.com was 1 million US dollars, but in 140, Vipshop bought this domain name at a price of just over 2013 million US dollars. Although this is a normal manifestation of domain name moisture, it is a bit late to enter the English hot word domain name now.

And what Chen Qin was aiming at before was the Shuangpin domain name, which is the common domain name of the largest Chinese Internet company in the future market. Although these are not expensive at present, unless they are hot words such as games, cars, and music in pinyin, they should not be very worth buying.

In contrast, the short domain name is a better choice target -

Considering the price factor, 2-digit domain names are the most suitable now.

One is a two-letter domain name and the other is a two-digit domain name.

Both are relatively short types of domain names. Two-letter domain names can be the abbreviations of many kinds of trademarks. Although the meanings of double-digit domain names are not easy to find, double-digit domain names are naturally scarce and the price is not very low.

During this period of time, Chen Qin contacted many sellers and bought a dozen of such domain names.

The most expensive are two double letters with consonants, yo.com talked about $15000, and wo.com talked about $8000.

While their relative value may actually be the opposite of what it is on paper plus a price, all in all they're pretty good and worth the money.

ks.com, except that ks sounds more fluent, it is also the abbreviation of kiss, and it is also the abbreviation of common words in moba games, it should be quite valuable... the current purchase price is 10000 US dollars.

gz.com is $11000. This can be the abbreviation of guazi.com in Chen Qin’s hand, or it can be interpreted as work, rules or nobles.

hb.com is $7700, and the package can be registered as a partner, currency, black panther, and good treasure, all of which can be registered together by the way.

However, I found other domain names for sale, such as nq, lh, ow, and two-letter domain names with direct meaning such as if, mr, and me. They can be seen in the market, and they are definitely much cheaper than in the future.

It's a pity that Chen Qin now has 60 yuan, so he can only buy it at a relatively cheap price-the domain name sale is outstanding, and he can decide as much as he wants. Anyway, there is only one domain name, and the seller has hundreds of millions, and the buyer has nothing to do.

And even if you choose the cheap ones, you have already spent more than 50 yuan after buying them.

Afterwards, Chen Qin bought some digital ones—considering the potential for appreciation, generally 6 and 8 are more valuable. This is also the trend of domain names after the rise of the Chinese market, so Chen Qin bought 82.com for $5000.

06.com... The price of cabbage, just a few hundred dollars.

In addition, some cheaper ones are charged, such as gdp.com, which is only worth 500 US dollars now.One called sei.com for $2000, one called 3g.com for $1700, and one called g20.com for $300.

After buying these domain names, 60 yuan is almost gone. It’s not easy to calculate how much you can earn in the future. In short, let’s hold it until 2007. Of course, it’s possible to continue investing, but you have to cash out the equity. At present, there are about 20 yuan in cash left, and the money has to be kept in hand for emergency...

That's what Chen Qin planned, and now his mind is relaxed.

Because the important matters on the domain name are almost done, he has bought everything he should buy for his own domain name, and the consulting work on intellectual property is almost done, and he didn't listen to Lao Xu's report just now, after all, this is not very important anymore.

But just like that, Chen Qin went home at night.

Old Chen asked him about Xu Lingfei's father again, and Chen Qin said, "I don't know, Xu Lingling said that Uncle Xu went off to make a fortune, and he won't be back for at least two or three days."

(End of this chapter)