I saw Colt also pick up the microphone and said: "Mr. Li, your so-called exponential growth is a relatively vague concept, if a large number of users cannot be converted into cash flow of the enterprise, then this growth is meaningless. It is true that the characteristics of the Internet are not the same as traditional industrial production, but there is also a drawback, that is, it is not as good as the actual industry. Compared with the Internet industry, the industry is more real, and there is cash in the account if there is sales, but for the Internet industry, the situation is completely different, and the monetization model of the Internet is not a physical commodity, but a virtual service, so the difference between different monetization models will be very large. For example, with the same million users, the e-commerce field and the game field will have completely different yields. ”

Colt is a professional researcher in the Internet field, and his analysis is quite insightful, and it also points to the weakness of the current Internet field.

In the current Internet industry, the biggest weakness is the problem of user traffic monetization, although some Internet projects have high traffic and a very large user scale, but the monetization ability is very weak.

In other words, the business model of the Internet has always been a difficult problem for most Internet practitioners.

Li Feng has long known that the problem of traffic monetization was not only in 2004, but even more than ten years later, it is also a big problem that plagues the entire Internet industry.

"Mr. Colt's analysis is very reasonable, but you also indirectly helped me answer the reason for building a closed loop of Internet business. Li Feng said, "As you said, the data characteristics of the Internet industry are not as obvious as those in the industrial field, and in many cases, we cannot judge whether an Internet business model can bring stable cash flow, so we lack sufficient analysis methods for investment in the Internet field." This requires the construction of a closed loop of Internet business, in which different business models can be mixed, so as to produce a relatively stable business form. ”

Li Feng's conclusion has actually been confirmed by the market, because the business closed-loop logic of New Dream Group has enabled each of its businesses to achieve stable traffic and enough users, making the stability of traffic monetization much higher than that of other Internet companies.

As an expert, Colt certainly knows what Li Feng meant, the Internet industry itself is a field in great flux, and it is almost impossible for it to obtain a stable calculation model like the traditional industrial field. Therefore, in many cases, the so-called Internet investment is actually just a kind of confidence, and investors do not know what will happen to the Internet companies they invest in tomorrow, and the traffic may skyrocket in just a few days, or it may not take long to disappear.

"Of course, we know that New Dream Group is trying to find its own stabilizer in this hugely changing market, but we have not yet seen a real example of whether this business model can achieve ultimate success, which is why the current New Dream Group has many businesses, but the overall is not big or strong, and the valuation is not high. The market is not optimistic about any one company for no reason, and investors need sufficient evidence, which is sometimes difficult to find, but does not mean that it does not exist. Our analytical models are constantly evolving to explain the strange phenomena of the Internet economy. Colt said.

These words are generally correct, but they give people the feeling of talking on paper, which also shows that Colt can't really attack Li Feng's weakness.

"You're improving, but the Internet industry is also improving, and it's going to be faster. Data analysis alone cannot fully explain the business logic of the Internet, which is the charm of the Internet. As I have said a long time ago, the Internet is a whole new world, a world built on data. Since it is a world, it has its own complete set of operating rules, which is difficult to explain with our traditional thinking. Li Feng said, "What we New Dream Group has been doing is to continuously improve this Internet world, so that users can achieve more functions that can only be achieved offline through online network behavior, and even faster and better than offline experience." This has always been our corporate strategy and the cornerstone of our success. This is more reflective of our real situation than those cold statistics, so I am not worried at all about whether our market share in the United States is high or low, it doesn't matter in essence, what matters is who is more advanced than whom, who is more representative of the future of the Internet world. ”

Li Feng's words were obviously very high and convincing, and many media and industry insiders present nodded in agreement, and hundreds of people at the salon scene also burst into applause many times.

This made Colt feel very unhappy, but there was no way, who was called Li Fengniu.

As a banner figure in the Internet world, Li Feng is now an Internet tycoon on the same level as Leo Porter and others, and has a very high voice in the global Internet market, if it weren't for Li Feng's too young age and a congenital disadvantage, otherwise his influence would even surpass that of Leo Porter and others.

Gordy saw that even the always eloquent Colt seemed to be inadequate, and knew that Li Feng had already occupied the right to speak in this salon, and I am afraid that it would be difficult for anyone to shake it.

Rioport was obviously still a little unwilling, but now Li Feng's momentum was very strong, and there were not many ready-made reinforcements today, so he no longer stirred up the topic, and he seemed a little discouraged.

He knew that today temporarily allowed Li Feng to be in the limelight, and tomorrow, at the official summit, there would naturally be a way to clean him up.

And just then, Gordy's cell phone rang, and he walked out of the salon with a slight apology, receiving a text message from the board of directors of the fund company.

In the text message, the company's board of directors asked Gordy not to be an enemy of Li Feng and to maintain a good interactive relationship as much as possible, because Li Feng had just announced his New Dream Group's listing plan, and DYP Fund Company intended to participate in the next listing plan of New Dream Group.

This made Gordy feel very embarrassed, just now he still looked unaccustomed to Li Feng, and now he immediately wants to give in, which seems to be a bit cheap, making him, a big man in the global investment field, very unable to get off the stage.

But because he participated in the salon just now, he didn't see the scene in the lobby where Li Feng announced the listing plan of the New Dream Group, so he made a bad move and did not have a benign interaction with Li Feng.

At present, the decision of the board of directors cannot be dissented, after all, Gordy has not much say in the board of directors, and it seems that he only needs to lick his face to show the friendliness of DYP Fund.