Chai Jin nodded: "Anyone who is crazy will definitely be a mess in the end."

"It must be something that will happen soon, so I think you may be able to make a lot of money if you evacuate immediately."

"When the bubble bursts, those who have tried their best to trick you and want to drive you away will definitely beg you to come and invest, and you can directly sweep the entire Internet circle."

Chai Jin talked to Feng Haodong little by little.

After all, this is my big brother. After so many years, although their identities have changed a lot.

But the relationship between each other has never changed.

The Internet bubble crisis is actually caused by capital cutting leeks behind it.

This is no longer just because the Chinese Internet has begun to experience a bubble crisis, but the global one.

The Internet was originally something for the US military, but later it began to slowly change to civilian use.

After launching it, I found that this thing was very popular.

So many big capitals began to like this thing, and they began to join forces to promote this thing in secret.

Gradually, it began to attract many investors.

Although there are many companies that sound very fierce in market value, and each one is more scary than the other, even surpassing many companies in traditional industries.

But this is always just a tool for capital to launch to cut leeks.

Since you are cutting leeks, there will definitely be a day when you cut leeks.

Until this day, when the global financial crisis broke out, they began to realize the problem.

So the big capital began to withdraw immediately.

As soon as the big capital is withdrawn, other capitals will definitely follow behind and quickly escape and stop losses.

Gradually, the Internet industry without capital is like a castle in the air, and it will sooner or later collapse.

After all, the current Internet is very fragile and feels like something blown out from behind some people.

Because the user base is not very large and does not have a large user base, and many companies cannot find ways to make profits.

The only way to make some money is advertising.

However, advertising requires a large user base. With such a little user base, how many people are willing to spend a lot of money to advertise on the Internet.

After all, the basic platform of Internet advertising is still very small.

The basic market determines the scale of these companies.

Once there is no capital behind the scenes, these companies will surely collapse immediately.

Until the end, a large-scale disaster began to usher in, which was a general trend.

The Internet industry in my previous life was because after this wave, these entrepreneurs began to become very calm.

They no longer spent all their worries on finding investment.

Instead, I settled down and began to think about the profit model of my own company, and then I slowly began to do better.

Until the end, giants with market value of over one trillion yuan began to appear in the Internet industry.

After all, Feng Haodong is engaged in industry.

At that time, he also listened to some people's speeches. As he listened, he thought this thing was very interesting.

You can still play games, and there will definitely be many people who will spend their time on this in the future.

Because it is more convenient to communicate, you can also find people who share their hobbies across the country.

Let’s play some common hobbies and so on.

Something like this.

Slowly, he began to go deeper into it, and even encountered the Silicon Valley in the United States to investigate.

After he came back, he started investing immediately.

But if you really let him see the essence of this industry clearly, he will not be able to see it very clearly.

After all, he didn't have so much attention on it, and there were so many other industries to manage.

It is absolutely impossible to give up your main business for an investment industry.

This time, Chai Jin said so much in front of him, and as he listened, he began to feel a little nervous.

Although the 20 million he invested was not a lot, it was basically nothing to his basic base.

But at least I spent so much effort at that time.

Also, the equity value of the companies he controls now exceeds 300 million.

It is impossible to watch these 300 million evaporate directly.

He is not Chai Jin, and he can't take it seriously for hundreds of millions of dollars. This is a huge amount of money for him.

However, when he heard it at the end, he couldn't help asking again: "Xiao Jin, you said a lot just now, and I understand."

"That is the current profitability of the Internet industry, which can basically be ignored."

"Since that's the case, why are you telling me again that I can withdraw and cash out now, and then wait until the bubble bursts, and then start to invest and acquire many companies in turn."

"If this is the case, if I acquire it in the future, wouldn't I have to face another bubble crisis?"

"There is something wrong with this situation, do you think so?"

Chai Jin nodded with a smile and continued to speak, "Brother, let me tell you about the growth rate of our computer industry."

"Before I came back, I specifically looked at the data report on our computer."

"This year, our shipment volume has tripled compared to last year. Of course, the unit price profit has also declined a lot."

"The reason is that computers on the market are getting cheaper and cheaper now. The era of selling a machine and making half of the profits is over."

"This shows what a problem, and it shows that the prices are becoming more and more transparent, and more and more people are understanding how to use computers."

"It also shows one problem, that is, the speed of netizens is expanding rapidly."

"Above, the scale of the Internet, the main decisive factor is the basic market, that is, the number of Internet users."

“The more the number, the better the business will become.”

"Think about it, if by that day, more than half of the people in the country, or even 80% of the people, are netizens, will this industry become very considerable?"

Feng Haodong suddenly woke up and said, "You mean, now it seems that this industry is still too small, and it is also a bubble industry blown out by capital."

"But in the long run, the industry has great potential and is worth investing in?"

Chai Jin nodded: "Yes, what is happening now is actually a good thing."
Chapter completed!