Salted Fish’s Self-help Strategy

In this announcement, Chu Yuanxi obviously won’t let others pick up the knife on his behalf. When he wrote this, he changed his mind, saying that the money was not brought by a strong wind, it was not issued by air coins, but you used the idle computing power of your mobile phone in exchange for it. Yes, you do not take advantage of the well-off, so don’t panic, take it with peace of mind. The important thing is to make comparisons. It is more comfortable to take than walking to earn money, drinking water, and the like, and earning more than them.

This was posted on Xiaokang’s official Weibo, and it was quite polite. When Chu Yuanxi logged in her personal account below to reply to netizens’ questions, she was much more arrogant: Xiaokang is going to smash these scumbags made online. [Dog Head] [Dog Head] [Dog Head]

　　 In the circle of friends, he is more literary-those who can't reach you make you stronger, thank you for reporting.

　　 But he deliberately ignored the process of using healthy coins to buy resources in the city treasure to invest in the map. It is not that he does not want to make this publicity, but that he is not in a hurry. According to the experience in the original world, it is best to evolve naturally, not to promote it.

　　 Therefore, it is necessary to postpone the launch of the trading market function, otherwise ￥ players can sweep the market resources with ￥ through over-the-counter transactions, and then monopolize the construction nodes in a certain area of ​​the map.

　　 Health coins can be exchanged for cash, but the well-off system does not sell health coins. Cash can only be used to buy and sell them privately. This is like returning to the era of end game page games. Over-the-counter transactions are extremely common and there is no difficulty in operation at all. But this kind of investment can achieve the effect of Davis double-click in the future, but it is extremely unfavorable for the enterprise.

　　The trading market is one of the content to be launched next. Users in Urban Treasures can choose the types of investment nodes. Some of them are production-based, which can produce resources, or even scarce resources, resources that the system does not sell, so the exchange market needs to be exchanged.

　　 Therefore, not only can it not be promoted now, but the well-off operators have to monitor possible changes, try to avoid monopoly, and strive to let users find their own value. The more people involved, the better.

　　Through this setback, Chu Yuanxi finally felt that she was still a little passive, because the timetable was adjusted again, passively following the market trend, and began to emphasize mobile payment in advance. Originally, his plan was to covertly cross the Chencang on the plank road, promote mobile payment with great fanfare, while silently spreading out social networking, so that payment may be sniped, but social networking is more valuable. Of course, mobile payment has to be pushed, but it is less important than social, and it is completely tolerable that social networking becomes rich first and then mobile payment.

　　 As a result, the Weibo post was complete, and Chu Yuanxi suddenly realized that it seemed that if he proceeded in this way, he had to start the tough battle of mobile payment.

　　If you fight a tough battle, the technical preparation and funding are good, but Chu Yuanxi is not so confident. Regardless of the tune of City Treasure, it goes very smoothly. It matches well in all aspects, and it can be adjusted well if it is not good.

　　 But no matter how powerful the function is, is it powerful for direct money? Probably not?

　　Chu Yuan Xiyuan has never engaged in mobile payment. The embarrassing place is that he does not know that his solution is perfect in theory, and whether it will be poured cold water by users in reality. This is the most disturbing place. Unlike other strategies, the original world has already been completed, and there is a spectrum in mind. Even if it finds any abnormalities, it has enough experience and knows how to solve it.

　　 And mobile payment can only be a good framework design, and then take a step by step. This is also the reason why he put the importance of mobile payment under social networking. In fact, in terms of value, both of them are very high.

　　 Therefore, Chu Yuanxi had to spend time to sort out the entire format of mobile payment.

　　 UnionPay Cloud QuickPass is the representative of direct money-spending, including China Construction Bank. The money-spending is extremely powerful, and the cheapness is all taken away by users, but the effect is almost invisible.

　　 In other words, it’s not because users don’t use mobile payments other than WeChat and Alipay because they hate it. There is no reason for the sincere wool of cloud flash payment to be hated by people, but they are just not used to it.

In terms of specific methods, whether Alipay or WeChat can become a regular option for users to make mobile payments, the first depends on the penetration rate, which means that there are many APP users and the merchants are easy to accept, and the second depends on keeping the balance in the user’s mobile wallet. . When there is a balance, users will think about spending and connecting bank cards. After spending, there will be a cycle of ins and outs, which will form a habit.

That’s why Jack felt that WeChat’s Spring Festival red envelope was a sneak attack on Pearl Harbor. Without this red envelope activity, even if WeChat did mobile payment, it would not be so easy to compete with Alipay on the Nash equilibrium point. Users know that you have developed this feature. But I am not used to it.

　　 From an operational point of view, it is this set of red envelopes that allows WeChat to grab a period of precious time to promote payment codes at merchants.

Mobile payment has always been possible through the cooperation of the user side and the merchant side. If there weren’t such a period when the user’s WeChat wallet had a large amount of balance eager to spend, even the social dominant WeChat payment would have long been used by Alipay on the merchant side. It may not be spread out under the shrouded situation, and the merchants use whatever is beneficial to them.

　　 This is where Hengjiang is doing mobile payment via iron chain. Unless there is an epic push across the country and all merchants gnaw on the payment code one by one, they must mobilize the enthusiasm of the merchants, let them proactively put the code, and let their scanner follow up the data under their own QR code when decoding . Without this initiative, it still cannot be pushed away.

　　 The reason why UnionPay Cloud QuickPass is not used by users is that not having a wallet function is a huge weakness, or that it does not pay for users to have their own wallet balance. It’s a pity that there is no end to simply giving users a profit, and there is no way to correct the user’s habits, because the user’s money is in the wallet balance of WeChat and Alipay, so why use cloud flash payment to spend money in the bank card ?

　　 Huang Tuan does not want to pay this cost, but Huang Tuan is more convenient to do mobile payment and is easier to be accepted by users, that is, learn Huabei to make overdraft.

　　 Huabei’s overdraft is not an overdraft of a credit card, but an overdraft of its own mobile wallet, forming a good user experience. Huang Tuan comprehended the essence of it, so he followed the prescription and took the medicine, relying on its strong platform capabilities and user scale, but also achieved certain results.

This is a very good thing for the market. Otherwise, Huabei will not evolve products such as Baobei Youth, and continue to improve user experience. WeChat seems to be on par with Alipay in the penetration rate of mobile payment, but in fact In terms of product strength, it has always been far behind Alipay.

　　 But this is not the way Xiaokang dared to take. Chu Yuanxi was very persuaded. He knew Xiaokang's catty. Huang Tuan can overdraft users because Huang Tuan has accumulated a lot of valuable user data after so many years of work, which can form a user history. On this basis, it can do risk control and risk control.

　　 Xiaokang dare to do something good? He was immediately taught to be a man by the Wool Party.

　　 This is the value of the background. The background of Huang Tuan is much higher than that of Xiaokang, so to be able to adopt this more efficient method, Xiaokang must be down to earth as a new player.

　　 If Chu Yuanxi foolishly saw that Huang Tuan did a good job and copied homework, he would soon understand what "choices are greater than effort". Making this decision is the value of the CEO.

In fact, there are still many places where Chu Yuanxi can like herself recently. For example, the Series B financing was resolute and timely, eliminating all obstructions, waiting for a day, discarding all unresolute investors, and using the most Collect the money that can be collected quickly.

　　 I want to like it because time is not a friend for entrepreneurs recently. Translating adult words is getting harder and harder to get money from investors. At that time, there might be investors who thought that Chu Yuanxi was stupid, and if he stretched the financing cycle a little bit, he might be able to collect a little more money.

　　 But this is not the case anymore. Now some of the well-off small and medium investors are already in anxiety, especially those who have just entered the B round. It's not that Xiaokang did a bad job. In fact, the market performance was better than expected. The surprises of Xiaokang's new capabilities came one after another. However, there was no one who didn't eat money, and the money on the account was rushing out, making them frightened.

　　 This is still the case when Chu Yuanxi has refrained from adding coins to pull new ones.

　　So that some investors inadvertently revealed that if Chu Yuanxi had urged a little bit slower at the time, for example, it took one and a half months to complete the B round financing process, maybe they would be conservative.

　　 For this, Xiaokang Shangxia expressed full understanding and sympathy.

　　 Actually, Chu Yuanxi was afraid when he saw this adjustment. He was very afraid that he would not get the 1 billion from other investors. Does that 1 billion matter? It is not important to understand Chu Yuanxi's feelings. He definitely does not want to carry out a round of financing of 4 billion yuan invested by the Pakistani Group.

But if there was no decisive decision at the time, there was a real risk of investing alone. That would not be a bad face, but that it would be difficult to explain Zhu Yan and Uncle Sheng. The other 1 billion investment serves as an endorsement. You see, there is So many professional investors approve the valuation of Xiaokang, and follow up with 1 billion, which is quite a lot. You can also get so much from another company.

　　 This shows that Xiaokang is indeed worth the price, and it is not the old man who determines the price of Xiaokang as soon as he touches his lips. Under this circumstance, there is nothing wrong with the Pakistani people's leading investment of 3 billion. No matter how much money is, the price is reasonable.

　　 Sole vote, although Chu Yuanxi can operate both from emotional points and legal principles, it is not perfect, and the process of the rise of Xiaokang is not perfect.

　　 Perfection seems to be a spiritual pursuit, Chu Yuanxi is hypocritical, but in fact it is not, this is for the future to be fine. Neither Ba people nor Xiaokang should be a company with a life span of only a few years. They have to live for at least 30 years, and there can be no mistakes until Chu Yuanxi retires. However, how many companies do not pay attention to them in the initial stage, and some seemingly legal and feasible operations have laid hidden dangers for the future, which will erupt after more than ten or two decades? As long as one of the parties involved is still alive, it is not too late to turn over old accounts.

　　 For example, a well-known canned beverage company in the Kingdom of the People's Republic of China, Moulu, as a national brand, has deep roots, and originally had a chance to win the Central Plains. However, in recent years, restricted by a brand use memorandum in the early years, the company has filed a protracted brand lawsuit with Shantou. On the one hand, the company's founder and chairman have been sued to court for a claim of more than one billion yuan while losing the lawsuit and the performance decline.

　　 However, the original memorandum was completely reasonable, legal and reasonable when it was signed. That was the divide and conquer agreement signed by the group in the last century after it was packaged and listed in order to solve historical problems and to divest non-performing assets. At the beginning of the century, it not only avoided the Shantou side from dragging down the performance of listed companies, but also prevented the Shantou side from becoming an independent legal entity from a subsidiary. The extent is almost the same as that of Chu Yuanxi's milk and Yang Jiangang.

　　 But it was such a memorandum that seemed to have no problem at the time. After 19 years, the company and the founders were brought to court. This kind of lesson with a strong history and visual sense happened this year. It is impossible for those who come later to take warning.

　　 Therefore, the pursuit of perfect trading is not hypocritical, but for consideration in twenty years.

　　 In fact, in this market, not to mention the entrepreneurs who are doing financing, even those companies that want to take money from the secondary market are beginning to complain.

　　 Be aware that on New Year's Day, the participants in the secondary market are extremely excited. Many traders in the U.S. prepare to celebrate the Dow’s 30,000-point rush. Big Macs such as Goldman Sachs and Morgan Stanley are hiring aggressively at Guochao's offices, claiming that 2020 is the easiest year to join an investment bank. Everyone is gearing up to participate in the harvest.

　　 Especially Nasdaq, because this year is the election year, there are a large number of start-up companies ready to go public before the election, so the IPO market in the first three quarters is expected to have consecutive performances. The world's top super unicorns like Airbnb have also postponed the pace of IPOs. Originally, they could be listed in 2019, but it is better to judge 2020.

　　 Needless to say what happened later, the investors collectively visited the black swan farm, and did not know from which corner a fatter black swan would suddenly burst out and flew on their heads and shit.

　　 Xiangjiang Exchange has not gone any better, the number of IPOs has fallen by 90% year-on-year. In this case, only my large A-shares are the mainstay, and IPOs are one after another.

Up to now, almost all corporate financing plans have been disrupted. This is a Davis double kill for start-ups. Not only has it become difficult to raise funds, but it also emphasizes exciting methods like stocks, options and companies when recruiting. The valuation prospects of the company are difficult to say to attract talents to join. Not only are investors looking at the cash flow of the company, but also the talent.

　　Of course, this is about real talent. At this time, the labor market is polarized. If it is not unique and irreplaceable, it would be good to be able to find a job and burn incense to restore it. As for options, companies are simply too lazy to talk about options.

　　 Therefore, whether Pakistani or well-off, employees basically have endless energy, because there is no disguised salary reduction, nor strategic layoffs, but the intensity of recruitment is reduced.

　　 A common phenomenon during this period is that many Korean companies planning to go public on the Nasdaq have withdrawn their applications. The external statement is generally that the SEC has strengthened the review of the information disclosure, internal control, and corporate governance of China's concept stocks. Some of them turned to Xiangjiang. Intriguingly, why did people increase their scrutiny and immediately persuade them?

　　 In fact, everyone knows that the actual reason is the little blue cup. It’s already difficult for U.S. funds to pass one or two investment promotion conferences to believe that a Korean startup that plans to go public is outstanding, and the possibility of fraud is extremely low. Instead, they believe that the purpose of an unbelievably good looking company’s IPO is Burn investors' money.

　　 It is not Chu Yuanxi who praised herself, but the people who doubted and opposed his decision to go to Nasdaq. The well-off at this time can be covered by the above two descriptions. If you plan to go to Nasdaq, all the previous plans will be in vain.

Faced with such a situation, he couldn't help but imagine that if there was no such thing as a journey, the well-off of the original world had compromised. In the spring of 2018, he decided to go to Nasdaq. It should be possible to go to the Nasdaq, but I am afraid that it will not be in the current days. It will be better, maybe it will seek privatization and delisting.

　　 2020 is unlikely to be a big year for investment banks, but it is likely to be a big year for privatization. For powerful companies, especially those that have the ability to cross the bulls and bears, if the stock price is undervalued, it will not only affect the financing, but also the incentives for employees. It is better to delist. Moreover, maintaining the status of a listed company requires a series of fees and more demanding letter approval.

　　 Chu Yuanxi is just a daydream, some people might have to start thinking about it, such as Sun Dasheng. SoftBank has been on the forefront since it broke a huge loss of $12.5 billion, most of which came from the Vision Fund. Sun Dasheng's previously described vision was to bet on the frontiers of artificial intelligence, robotics, telecommunications, the Internet of Things, etc., but he finally voted.

　　 Do you think that's it? No, Sun Dasheng also voted freely. The original Ziyou IPO has been put on the agenda, but now it seems to be nowhere in sight, especially when the stock prices of Eggshell and Qingke, both of which belong to the head of long-term rental apartments, have plummeted at the same time.

　　 Chu Yuanxi now hopes that Sun Dasheng will quickly draw a line with 724. You must know that learning to be well-off and doing mobile payment has a cost. This cost, well-off investors, can't handle it. Can Sun Dasheng still handle this situation? I don’t know if 724 followed or not after seeing Xiaokang launching city treasures, AI leader and map advertisements?

　　Of course, the investment circle during this period is not all shrinking. It can be said to be very generous in the two fields of cloud and online education. For example, Yuanfudao did not intend to raise funds. As a result, the investors were very enthusiastic and put money into it. In the end, they had to raise $1 billion. Note that it was $.

　　 However, after these investors finished their investment, they discovered that Yuanjiao’s real opponent might not be an online school like Xueersi, but a headline department, Zhang Ming.

Zhang Ming wants to say that there is a unique skill that no one can compare in China, that is, digging the wall. Once Zhang Ming wanted to buy the small game business of Pakistani Games and was rejected, Chu Yuanxi was particularly afraid that he would dig Zhao. Jie, if Zhang Ming really did, it would be the time to test Zhao Jie's SAN value.

　　 Therefore, when Zhang Ming positioned the domestic strategic goal of 2020 as online education, the entire track suddenly fell silent. Toutiao has no educational genes, what should I do? Of course it is to take out the ancestral Luoyang shovel! Friends and merchants never expected that the gravedigger who came out last was Zhang Ming.

　　 Including Youdao, many online education players have to face sudden attrition. In this regard, Zhang Ming said: I am not anxious. Education companies have all advertised in the Toutiao department, which helped our Toutiao department gain a deep understanding of education data.

　　This can imagine the expressions of those investors when they heard that Zhang Ming was going to build an education kingdom and successively launched Guagualong brand educational products.

　　Similarly, the cloud racetrack is now eager to fight. The market value of the so-called cloud computing's first stock Ukede has surpassed 50 billion after its IPO. Recently Qingyun is also sprinting for the IPO, and it is visually trying to compete for the name of the first stock. Ukede’s business is actually relatively old, and Qingyun is more like a true cloud computing service provider, rather than a data center provider.

　　The reason why I thought of the cloud track is that if Xiaokang takes the block cloud line to establish a company separately and provides it as a SaaS service to the Xiaokang parent company, it can actually be listed.

　　 Therefore, it is worth comparing with companies that have gone public or are going to go public. However, Chu Yuanxi flipped through the financial report, and felt a moment of refreshment. The former is a company with an annual profit of 20 million, and the latter is still losing money. Seeing that its revenue is only 300 million a year, what is better...

This is not arrogance, but the whole set of operating logic of Xiaokang determines that either sneaking up to the cloud and becoming a national-level enterprise with DAU of hundreds of millions, or dying due to the fact that cash flow cannot achieve a positive cycle, there will be no third Kind of possibility.

　　 The latter is not necessary to compare, and UU reading www.uukanshu.com is not necessary to compare the former.

　　 In fact, the process of this well-off entrepreneurship, just looking at the cloud, must be far better than in the original world, because although the original world has invested in research and development and testing of the blockchain, the data has not been officially launched on the chain. It's not that I can't make it, but I didn't have time.

　　 And the Xiaokang in the original world did not deploy their own data center at all, because it was unnecessary. In the original world, 5G has not been launched by 2018, and it is at the end of 4G, and technically it is not blockchain. Therefore, collecting users’ idle computing power is not efficient, and it is used to activate users to use well-off online content. The effect is mostly.

　　 In this state, let alone making money, it is good to be able to achieve a breakeven. If the price equivalent to the user's unit computing power is too small, there is no motivation, and some subsidies have to be paid in. Otherwise, why is the well-off in the original world so hungry for funds? Only with sufficient cash flow can we wait until 5G is launched to improve technology and improve efficiency.

In fact, it is not fully effective now. What really works is that after 5G has become popular, a large number of enterprises need to go to the cloud, and the demand for cloud resources has skyrocketed. At that time, it was only efficient when the well-off was collecting computing power and reselling it to demand. the Lord.

　　 Therefore, the Xiaokang in the original world is more like a normal enterprise-level cloud user than a cloud player. What needs to be done is to buy resources from the cloud service provider like other cloud users, instead of making wheels by themselves.

　　 It is very stupid to make all the wheels by yourself when you need to use what service. It is the most cost-effective option for the business itself to make it. The premise is to find a good seller and buy it correctly.

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