This announcement Chu Yuanxi obviously won't let others catch the knife on his behalf, and when he wrote this, he changed his words and said that this money was not blown by the wind, not issued by air coins, but you exchanged it for the idle computing power of your mobile phone, and you didn't take advantage of the well-off, so don't panic, take it with peace of mind. The important thing is to make comparisons, to take more peace of mind than to walk to earn money, drink water and so on, and earn more than them.

This is posted on Xiaokang's official Weibo, and it is quite polite, Chu Yuanxi logged in to his personal account below to reply to netizens' questions, and he was much more arrogant: Xiaokang is to break the jobs that these scum nets earn [dog head] [dog head] [dog head] [dog head]

In the circle of friends, he is much more literary and artistic - those who can't beat you make you stronger, thanks for reporting.

But he deliberately ignored the process of using health coins to buy resources and invest them in the map in the city treasure, not because he didn't want to do this publicity, but because he was not in a hurry about this matter, and it was best to evolve naturally according to the experience in the original world, rather than pulling out the seedlings to help grow.

Therefore, it is necessary to postpone the launch of the trading market function, otherwise the ¥ player can use ¥ to sweep the market resources through over-the-counter trading, 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, and users can only buy and sell them privately with cash. This is like going back to the era of terminal games and web games, where 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's double click later, but it is extremely detrimental to the business.

The trading market is one of the next things to be launched. Users can choose the type when investing in nodes in the city treasure, some of which are production-oriented, can produce resources, and even scarce resources, resources that the system does not sell, so it is necessary to exchange the market.

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

Through this twist and turn, Chu Yuanxi finally felt that he was still a little passive, because the schedule was adjusted again, passively followed the market trend, and began to emphasize mobile payment in advance. Originally, his plan was to secretly cross Chen Cang on the plank road, and silently spread out social networking while pushing mobile payment with great fanfare, so that payment may be sniped, but social networking is more valuable. Of course, mobile payment should also be pushed, but the importance is inferior to social, and it is completely tolerated that social first rich and then rich with mobile payment.

As a result, after scolding people on Weibo, Chu Yuanxi suddenly found that it seemed that if he continued in this way, he had to start fighting a tough battle of mobile payment.

If you fight a tough battle, the technical preparation and funds are okay, but Chu Yuanxi's confidence is not so strong. Don't look at the tone of the city treasure, it goes very smoothly, it is well matched in all aspects, and the bad places can be adjusted.

But no matter how powerful the function is, is it powerful to directly spend money? Probably not?

Chu Yuan Xiyuan has never engaged in mobile payment, and the embarrassment is that he doesn't know that his plan is perfect in theory, and whether it will be poured cold water by users in reality. This is the most apprehensive place, unlike other strategies, the original world has already been done, and there is a spectrum in mind, even if you find any abnormalities, you have enough experience to know how to solve it.

And mobile payment can only be designed with a good framework, and then take it step by step. This is also the reason why he puts the importance of mobile payment under social, in fact, in terms of value, both are very high.

Therefore, for the entire format of mobile payment, Chu Yuanxi had to take time to reorganize.

UnionPay QuickPass is a representative of directly throwing money, including CCB, which is extremely expensive, and all the cheapness has been taken away by users, but the effect is almost invisible.

In other words, users don't use mobile payments other than WeChat and Alipay because they hate it, and there is no reason for UnionPay to be hated because of its sincerity, but it's just that they are not used to it.

From the point of view of specific means, whether Alipay or WeChat, can become a regular option for users' mobile payment, the first depends on the penetration rate, that is, there are many APP users, and the merchant is easy to accept, and the second relies on allowing users to have a balance in their mobile wallets. If there is a balance, the user will think about spending, will think about associating the bank card, spend and have, and there is a cycle of entry and exit, which is the habit to form.

That's why Jack will feel that WeChat's Spring Festival red envelope is a sneak attack on Pearl Harbor, without this red envelope activity, WeChat even if it does mobile payment is not so easy to compete with Alipay on the Nash equilibrium point, users know that you have developed this function, but they are 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 valuable time to promote the payment code on the merchant side.

If there is no such stage where the user has a large amount of balance in the WeChat wallet and is eager to spend it, even if the social overlord WeChat does payment, it may not be rolled out in the case that the merchant side has long been shrouded by Alipay, and the merchant is what is beneficial to himself.

This is where the mobile payment cable Hengjiang is made. Unless there is an epic push across the country, all merchants gnaw on the payment code one by one, or we must mobilize the enthusiasm of the merchants, let them take the initiative to put the code, and let their scanners follow up the data under their own QR codes when they decode. Without this initiative, it still can't be pushed away.

The reason why UnionPay QuickPass is not used to by users is that it does not have a wallet function, or it does not pay the cost in order for users to have their own wallet balance. It's a pity that there is no end to simply giving users profits, and it is impossible to correct users' habits at all, because the user's money is in the wallet balance of WeChat and Alipay, why use UnionPay to spend the money in the bank card?

Huang Tuan doesn't want to pay this cost, but Huang Tuan is more flattering and easier to accept by users when doing mobile payment, that is, learning Huabei to do 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 took the medicine according to the prescription, and with his strong platform capabilities and user scale, he also achieved certain results.

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

But this is not the way that Xiaokang dares to go, Chu Yuanxi is very cowardly, he knows that Xiaokang is two pounds. The reason why Huangtuan can give users an overdraft is that Huangtuan has accumulated a lot of valuable user data for so many years, which can form a user history, and do risk control on this basis, and the risk is controllable.

Xiaokang dared to follow his example, and was immediately taught to be a man by the wool party.

This is the value of the heritage, the heritage of Huangtuan is much higher than that of Xiaokang, so to be able to adopt this more efficient way, Xiaokang must be down-to-earth as a new player.

If Chu Yuanxi stupidly saw that Huang Tuan was doing a good job and copied his homework, he would soon understand what it meant to "choose more than effort". Making this kind of decision is the value of the CEO.

In fact, there are still a lot of things that Chu Yuanxi can praise himself recently, such as the B round of financing was resolute and timely, eliminating all obstacles, not waiting for a day, throwing away all the irresolute investors, and collecting the money that could be collected as quickly as possible.

The reason why I like it is because for entrepreneurs these days, time is not a friend. Translated into human terms, it is becoming more and more difficult to get money from investors. At that time, there may be investors who think Chu Yuanxi is stupid, and if they extend the financing cycle a little longer, they may be able to collect a little more money.

But this is no longer the case, and now some of the well-off small and medium-sized investors have fallen into anxiety, especially those who have only come in the B round. It's not that the well-off is not doing well, in fact, the market performance is better than expected, and the new achievements of the well-off are surprising one after another. However, there was no one who did not eat money, and the money in the account was sprinkled out, and they were shocked to see it.

This is still the case when Chu Yuanxi restrained the scattering of coins to attract new ones.

So much so that some investors inadvertently revealed that if Chu Yuanxi was a little slower at that time, for example, it would take a month and a half to complete the B round of financing process, maybe they would be conservative.

In this regard, the well-off people expressed full understanding and sympathy.

In fact, Chu Yuanxi was afraid when he saw this kind of tune, he was afraid that he would not be able to get the 1 billion from other investors. Is that 1 billion important? If it is not important, he must not understand Chu Yuanxi's mood, and he definitely does not want to carry out a round of 4 billion financing invested by the Ba Ren Group.

But if there was no decision at that time, there was really a risk of independent investment, it would not be that the face was not good-looking, but it was difficult to explain to Zhu Wei and Uncle Sheng - the other 1 billion investment played the role of endorsement, you see, there are so many professional investors who recognize the valuation of Xiaokang, and follow up 10 billion, which is a lot of money, and it can be changed to other companies to finance so much.

This shows that the well-off is indeed worth this price, not that the old man determines the price of the well-off as soon as he touches the skin of his mouth. In this case, there is nothing wrong with the investment of 3 billion led by the chin, no matter how much money there is, how much money is good or bad, and the price is reasonable.

Solo investment, although Chu Yuanxi can be operated both emotionally and legally, but it is not perfect, and the rise of the well-off is not perfect.

Perfection seems to be a spiritual pursuit, and Chu Yuanxi is hypocritical, but in fact, it is not, this is for the sake of the future. Ba Ren and Xiaokang should not be an enterprise with only a few years of life, at least 30 years of life, and there can be no mistakes when Chu Yuanxi retires. However, how many enterprises are not particular about it in the initial stage, and some seemingly legal and feasible operations have laid hidden dangers for the future, and it will break out in ten or twenty years? As long as one of the parties is still alive, it is not too late.

For example, a famous canned beverage company in the country, as a national brand, can be said to have deep roots, and originally had the opportunity to win the Central Plains. However, in recent years, subject to a brand use memorandum in the early years, he has started a protracted brand lawsuit with Shantou, and on the one hand, he has continuously lost the lawsuit and accompanied by the decline in performance, and on the other hand, the founder and chairman of the company have been sued in court, claiming more than 100 million yuan.

However, the original memorandum was completely reasonable, legal and reasonable when it was signed. It was a partition agreement signed after the group was packaged and listed in the last century in order to solve the problems left over from history and to divest non-performing assets. At the beginning of the century, it not only avoided Shantou from dragging down the performance of listed companies, but also avoided Shantou from having no food and clothing after changing from a subsidiary to an independent legal entity. Its degree is similar to that of Chu Yuanxi's milk Yang Jiangang.

But it was this memo that seemed fine at the time, and 19 years later, the company and the founder were brought to court, and this lesson with a strong sense of history happened this year, and it is impossible for those who come after it not to take warning.

Therefore, the pursuit of perfection in the transaction is not hypocritical, but for the sake of thinking about twenty years from now.

In fact, in this market, not to mention entrepreneurs who do PE/VC financing, even those companies who want to take money from the secondary market have begun to complain.

You must know that on New Year's Day, the participants in the secondary market are extremely excited, and many traders in the United States are ready to celebrate the Dow Jones hitting 30,000 points. Big Macs like Goldman Sachs are hiring heavily at the offices of the dynasty, claiming that 2020 is the easiest year to join when applying for investment banks. All are gearing up and ready to take part in the harvest.

Especially on the Nasdaq, because this is the election year, there are a large number of startups rushing to go public before the election, so the IPO market in the first three quarters is expected to have a series of performances. The world's top super unicorns like Airbnb have also postponed the pace of IPOs, originally they could be listed in 2019, but judged that 2020 would be better.

Needless to say, investors collectively visited the black swan farm, not knowing from which corner a fatter black swan would suddenly come out of nowhere and fly on their heads to.

The Hong Kong Exchange is not much better, with the number of IPOs falling by 90% year-on-year. In this case, only I am the mainstay of A-shares, and the IPOs are one after another, envying the Chinese start-ups.

By now, all of the company's funding plans have been disrupted, and it's a Davis double kill for startups, not only has it been harder to raise money, but it's also hard to talk about hiring in the same way as in the past, with stocks, options, and the company's valuation prospects. It's not just investors who are looking at the cash flow of companies, but also the talent.

Of course, this is talking about real talent. At this time, the labor market is polarized, if it does not have uniqueness and irreplaceability, then it is good to be able to find a job, you can burn incense to restore, as for options or something, enterprises are too lazy to talk about it.

Therefore, whether it is a Pakistani person or a well-off person, employees basically have endless energy, because there is no disguised salary cut, and there is no strategic layoff, but the intensity of recruitment is reduced.

During this period, it is a common phenomenon that many Chinese and Korean companies planning to list on the NASDAQ have withdrawn their applications, and the external statement is generally that the SEC has strengthened its review of information disclosure, internal control and corporate governance of Chinese concept stocks. Some of them turned to Hong Kong. Intriguingly, why did people immediately coax the intensification of censorship?

In fact, anyone with a discerning eye knows that the actual reason is the small blue cup. It is already difficult for Mi Guo's funds to believe that a Guochao start-up company to be listed is outstanding and the possibility of fraud is extremely low through one or two investment promotion meetings, but instead believes that the purpose of the IPO of a company that seems too good to be true is to burn investors' money.

This is not Chu Yuanxi's praise for himself, but those who expressed doubts and opposition to his resolute decision not to consider going to NASDAQ. At this time, the well-off can be covered by the above two descriptions, if you plan to go to the NASDAQ, all the previous plans are in vain.

In the face of such a form, he couldn't help but think that if he hadn't crossed this matter, the well-off of the original world had compromised and decided to go to the NASDAQ in the spring of 2018, and he should definitely be able to get on it, but I'm afraid that the current life will not be easy, and maybe he 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 enterprises, especially those that have the ability to cross the bull and bear, if the stock price is undervalued, it will not only affect financing, but also motivate employees, so it is better to delist. Moreover, maintaining the status of a listed company requires a series of fees and more stringent letter approvals.

Chu Yuanxi is just in a reverie, and some people may have to start thinking about it, such as Sun Dasheng. Since the huge loss of 12.5 billion, SoftBank has been on the cusp, and most of the losses have come from the Vision Fund. Sun Dasheng's vision was to bet on artificial intelligence, robotics, telecommunications, the Internet of Things and other frontiers, but in the end he invested in WeWork, OpenDoor, Cpass and OTO.

Do you think this is the end? No, Sun Dasheng still voted freely. The IPO has been put on the agenda, but now it seems that it has become a distant prospect, especially when the stock prices of Danke and Qingke, which are also the heads of long-term rental apartments, have fallen sharply at the same time.

Chu Yuanxi is now looking forward to Sun Dasheng quickly drawing a line with 724, you must know that learning from Xiaokang to do mobile payment has a cost. I don't know if 724 will follow or not after seeing Xiaokang successively launch city treasures, AI team leaders and map advertisements?

Of course, during this time, the investment circle is not all deductible and shrinking, and it can be said that it is very generous to the two fields of cloud and online education. For example, Ape Counseling, I didn't want to raise money, but the investors were very enthusiastic, and they stuffed money into it, and finally had to raise 1 billion, pay attention.

However, after these investors invested, they found that the real opponent of Ape Tutoring may not be an online school such as Xueersi, but the headline department, which is Zhang Ming.

Zhang Ming wants to say that there is any skill that is unique in China and no one dares to compare, that is, digging the foot of the wall, once when Zhang Ming wanted to acquire the small game business of Baren Games was rejected, Chu Yuanxi was particularly afraid that he would come to dig Zhao Jie, if Zhang Ming really made a move, it would be time to test Zhao Jie's SAN value.

Therefore, when Zhang Ming positioned the domestic strategic goal of online education in 2020, the whole track was suddenly silent. The headlines don't have educational genes, so what should I do? Of course, I took out the ancestral Luoyang shovel! The friends never expected that the last gravedigger to come out was actually Zhang Ming.

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

This can imagine the expressions of those investors when they heard that Zhang Ming wanted to build an education kingdom and launched the Guagualong brand of educational products one after another.

Similarly, on the cloud track, it is now calling for wind and rain to scatter beans into soldiers. The market value of the so-called U Kede, the first share of cloud computing, has rushed to more than 50 billion after the IPO, and recently Qingyun is also sprinting to IPO, and it is expected to compete for the title of the first stock. Ukede's business is actually older, and Qingyun is more like a cloud computing service provider in the true sense, rather than a provider of data centers.

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

Therefore, it is worth comparing with the companies that have been listed or are about to be listed. However, Chu Yuanxi flipped through the financial report, and felt a sense of refreshment, the former is a company with an annual profit of 20 million, and the latter is still losing money, looking at the revenue of only 300 million a year, what is the comparison......

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

There is no need to compare the latter, and there is no need to compare the former.

In fact, the process of this well-off entrepreneurship, just looking at the cloud, is definitely 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 never been officially put on the chain. It's not that I can't get on, but I didn't have time to get on.

Moreover, the well-off in the original world did not deploy their own data centers at all, because there was no need. In the original world, 5G was not on until 2018, and it was at the end of 4G, and it was not technically blockchain, so it was not efficient to collect idle computing power from users, and it was mostly used to activate users to use well-off online content.

In this state, not to mention making money, it would be good to be able to break even, and if the price of the user's unit computing power is too small, there is no motivation, and some funds have to be subsidized. Otherwise, why would the well-off in the original world be extremely hungry for funds? Only with abundant cash flow can we wait for 5G to be launched, and only then can we improve technology and improve efficiency.

In fact, it has not fully worked now, what really works is that after 5G is popular, a large number of enterprises need to go to the cloud, and the demand for cloud resources has skyrocketed.

Therefore, the well-off of the original world is more like a normal enterprise-level cloud user, rather than a cloud player, and what needs to be done is to buy resources from cloud service providers like other cloud users, rather than building their own wheels.

It is very stupid to build your own wheels when you need to use any services, and it is better to buy it than to buy it in terms of business itself, which is the most cost-effective option, provided that you find a good seller and buy the right one.