Chapter 317

Cui Xian has forgotten, but Wei Sheng has not forgotten that the problem of the flower fair still exists. The Vice Party has another "reckless" that she can't afford.

"In the future, we will have less contact. It's the same inside and outside the school." Wei Sheng made a sound to remind him.

"I know." Cui Xian suddenly stopped.

Wei Sheng was also stunned. Looking back at him, he saw that he was standing in the same place. Looking to the side of the woods, it was very cool. At the end of the woods was the west wall of the school. There were several benches in the woods, which obviously aimed at students.

Wei Sheng also followed Cui Xian's gaze at the woods, then picked up his eyebrows and narrowed his eyes slowly. "Do you want to..."

"It's a good place to recite words early." Cui Xianqing's cold voice extinguished Wei Sheng's evil flame. Then he turned his head and looked at her calmly, "what do I think?"

"Nothing." Wei Sheng turns his head, raises his chin to another place, jumps off the sidewalk and swings on the small road in an attempt to pull a long distance with him. He begins to interrupt, "where can I have dinner at night?"

"Let's take Weston as an example. It's said that the famous s-hai chef employed by their Chinese restaurant has a unique taste and is open to the public. Many people rush to the famous chef for dinner." Cui Xian looked as usual and said.

Wei Sheng turned his head and said with a wry smile, "are you really going to eat poor me?" Weston is the hotel opposite the school. On the first day of reporting to Green Island, the three members of the Weisheng family went in to inquire about the accommodation price, and then moved to the small hotel next door.

Wei Sheng only uses his eyes to see. He estimates that even if the hotel has not yet registered a five-star brand, it is still running at this level. Moreover, the construction and expansion of the hotel are still underway at the back of the hotel. If the expansion is not well done, it will go straight to the five-star hotel.

Now she's a little sorry to ask Cui Xian.

"Not expensive." Cui Xian Qingjun still has no expression on the ground, just slightly pick eyebrows, a pair of cold eyes, but obviously flashed a smile.

…… From

1995 to 2001, it is the Internet bubble era as everyone knows in the Internet industry, also known as speculative bubbles.

In 1994, with the emergence of mosaic browser and worldwide web, the Internet began to attract public attention.

In 1996, for most of the listed companies in M country, an open website has become a necessity.

At the beginning, people only saw that the Internet had the characteristics of free publication and instant worldwide information. But gradually, people began to adapt to the two-way communication on the Internet, and started the e-commerce based on the Internet and the global instant group communication.

These concepts fascinate many young people who believe that this new Internet based business model will emerge and hope to be the first to make money with the new model.

In recent years, in the stock markets of Europe, America and Asia, the stock prices of technology and emerging Internet related enterprises have risen rapidly.

Venture capitalists witnessed a record rise in the stock price of Internet companies, so they moved faster. During 1998-99, they helped to increase the total amount of start-up funds with low interest rates, and created numerous Internet enterprises.

Most of these entrepreneurs are lack of practical planning and management ability. It is not surprising that the mentality of "profit growth" and the invincible atmosphere of "new economy" in the west make some companies spend a lot of money, such as elaborately tailor-made commercial facilities, providing luxury holidays for employees, and so on.

Stock options, not cash, are paid to executives and employees, who immediately become millionaires when the company makes an initial public offering, and many of them invest their new wealth in more Internet companies.

"Paranoid boss" Intel chairman Andy Grove issued a famous warning saying in the network era: "jump on the high-speed train of e-commerce, or you will die without a burial place!"

E-commerce has become the focus of attention and speculation in all walks of life in the world. It can be said that in this era when the Internet has just sprung up, even in country Z, which is a country with relatively late Internet development, it is an era when venture capitalists are looking for investors with their money boxes.

may be the worst of everything. In March 10, 2000, the Internet bubble began to crack. One of the possible reasons for the collapse of many Internet companies is that billions of dollars in sales from leading high-tech stocks such as Cisco, Microsoft and Dell happened to appear on the morning of the first trading day after the weekend of March 10.

As a result of the sale, NASDAQ fell from 5038 to 4879 at the beginning of March 13, a full 4% drop, triggering a chain reaction of selling, and investors, funds and institutions began to liquidate one after another.

By 2001, most of the Internet companies stopped trading after the venture capital burned out, and many had not even made a profit.

At this time, Wei Sheng, who was going out of her bedroom to have a dinner at the Weston Hotel, hung up the phone with a frown. She had not been engaged in the Internet related industry in her previous life, and did not know the rise of the Internet and the process of the rise of the recession again. These are what little Cyril told her on the phone after she had a detailed understanding of the development of the Internet with siril in another world.Obviously, this is a good time and a bad one.

some people say that this is a time when a large number of Internet Co rose in the bubble and began to fight until the end of the killing, leaving a small number of "poison king" in the top of the age, but Wei Sheng, who had experienced the later generations, did not think so. She knew that this was not a fight, but a protracted war and an independent protracted war.

As we all know, this industry needs investment period, just like the highway, which can be opened to traffic and charged after the highway is built.

Therefore, it is normal that there is no profit in the investment period. To put it simply, the early stage of the industry is characterized by losses, but it is based on the establishment of a business model that can bring about excess profits.

Loss is not a feature, but excess profit is its feature.

then, before the bubble burst in 2001, most companies failed to set a positive attitude and thrive in the market. These enterprises abandoned the standard business model and broke the bottom line of the traditional mode. Those companies that had never even made profits rely on the large share of share votes and lavish spending.

in that case, the life of a company is measured by the burning rate. A company that neither profits nor has a viable business model has always relied on the prospect of a steadily rising stock market to attract venture capitalists to invest. Once the capital chain breaks, it will be faced with a bubble collapse, that is, the collapse of the company.

so the bubble era of the Internet is not a problem in the industry mode, because the industry will develop in the future, reaching the peak that any industry can hardly match. The problem now is that we need a steady stream of funds for the construction and improvement of this highway, and the toll collection will be started after the protracted war.

In this way, Wei Sheng has already crossed the road and climbed the steps of the Weston hotel.

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