"How many brushes did I buy here? Brush directly to the first, this arrogance is close to us is convinced, I don't know if Apple is convinced. ”

"Cow! Really good! Steal the limelight of "This Kung Fu Thief", and the original ones are forced to change their names directly! Why don't you also change their names? How about calling it "This Iterative Thief Slip"?"

This kind of made Chu Yuanxi want to laugh when he looked at it, because even if there were dozens or hundreds of more one-stars, would it have any impact on the rating? More than a thousand five-stars and an even larger four-star were enough to drown this kind of sour sauce, and it didn't need Lu Yu to contact the water army to control the evaluation, and it didn't affect the mood at all.

Therefore, Chu Yuanxi was still in the mood to communicate with Lu Yu, mainly to secondment Feng Xueling. Although Feng Xueling's food exploration restaurant eating and broadcasting video was not particularly popular after it was put on the Internet, because it has always maintained continuous content output, and food is the first weapon to attack the Internet, Feng Xueling's appearance is high, so the lower limit itself is not much lower.

Her videos were produced in late September through Monica's YouTube channel, and in a little more than a month, with Monica's guidance, she has already gained more than 300,000 followers.

This speed is not fast, and it has shown a trend of popularity, because it is difficult to enter so many subscriptions on YouTube by relying on diversion alone, and the key is that in the overseas matrix of Ba people, the number of YouTube fans is so much. Of course, this private account that does not count Monica and should not be counted.

So natural fan attraction is definitely the main part of it.

What is less ideal is that there is no big hit video, and the most views are millions, not tens of millions, so I am embarrassed to call myself a YouTube Internet celebrity.

But Feng Xueling's relationship is in the Ba Ren information, in the next stage, if Zhao Jie starts to develop the rice market, Feng Xueling can play a good auxiliary effect, but she needs to transfer all her energy to the promotion of the game, so she has to be officially seconded.

Chu Yuanxi personally came out for an interview, and Lu Yu was powerless to resist, so he had to accept it. But this can definitely be regarded as a loss for the information of the Pakistani people. If there is a loss, you have to compensate, in this spirit, Lu Yu said: "Mr. Chu, do you see if you can help me a little?"

"What a small favor?" Chu Yuanxi suddenly had a premonition that Lu Yu's request was not simple.

"That's it, your suggestion for the robot to make videos is particularly good, and now it's the main output force of my here, and it's generally popular, and the average number of views and likes is significantly higher......"

Chu Yuan Xixin said that is not it, the robot is so obedient, and it can walk if it has electricity, and it will not be tired of rotating for 24 hours. This has to be replaced by an artist, and the strenuous exercise in the middle of the night must not have a sudden death?

I only heard Lu Yu continue: "But our robots only pay attention to practicality and special needs, and there are no stars and big names." ”

"What do you mean?"

"Can you buy a Boston Dynamics dog?"

......Boston Dynamics began pre-selling the robot dog Spot on September 24 this year, and McPerry, vice president of commerce, said that the annual output in 2019 was 100.

This number calmed down customers all over the world, and then he immediately added that the production could be increased to 1,000 by 2020, which made people have to wonder if their robot dog was purely manual, otherwise why would it be so difficult to give birth?

Some people even queued up and found that there were too many people in front of them, so they couldn't wait and simply suggested that Boston Dynamics change to an auction? This is a scarce resource, and the auction is also recognized by someone.

To be honest, this suggestion is actually quite feasible, at least everyone who plays self-media around the world will go crazy. But the people of the United States are so rigid that they don't take such a good suggestion.

Chu Yuanxi squinted at Lu Yu, and said in his heart that he could make this request, didn't he already know who Elizabeth was? Otherwise, how could he dare to make such an excessive request?

"I can only ask for you, but if you do get a power dog, what do you want to do? And you have to know that the hottest thing right now is not a robot dog, it's a robot warrior. ”

"Is that a special effects video good......?"

Lu Yu is actually very greedy for robot warriors, it is really shocking, no matter how to interfere with punches and kicks, robot combat can accurately identify the target, not the target resolutely do not hit, the target is accurate one by one. If this is put into the battlefield on a large scale, it is simply a nightmare for human soldiers.

As a result, he was later told that it was just a special effects video, and that this kind of robot had not been made at all, which was quite sour.

I saw Chu Yuanxi pout, "It's a special video, but Boston's Atlas robot can already do gymnastic movements, you know, right? Turn 360 degrees on the spot, turn upside down, and carp fight, all of these can be done, is it still far from evolving into a robot warrior? Let's talk about what you want to do with the power dog." ”

Returning to Chu Yuanxi's question, Lu Yu thought for a while: "It's best to mention some of our special needs, such as selling cuteness, helping the master take things and deliver things, and so on." I'm going to make a video of a power dog and a real dog together, focusing on the realism and the fake. I think Sister Zhu Jing's one called Lado is good. ”

"I'm afraid that when the time comes, the people of the United States will say that this is a high-tech product, and it will be embargoed to us, so it will seem that we are very mentally retarded, you know?"

Chu Yuanxi had to admit that the Boston Dynamics Dog was very powerful in mechanics and dynamics, and it was still unmatched in China. But from the perspective of robots, whether it is the robot dog Spot or the robot Atlas, it seems that it is not completely impossible to catch up. Otherwise, there was no reason for Google to treat Boston Dynamics as chicken ribs and then dump it at Sun Dasheng.

When Chu Yuanxi and Lu Yu were chattering, there were also two men chatting in the headquarters of Zhengde in Sanlitun. One is Yuan Jing, and the other is Wang Jiapeng, who Yuan Yuan planned to introduce as a consultant before.

Jiapeng Nursery has been liquidated, and while getting rid of all the economic burdens, Wang Jiapeng has also had to enter a period of personal stagnation. According to the laws of the country, from the beginning of the completion of the liquidation, the entrepreneur cannot serve as an executive of any company for three years.

Some entrepreneurs will use this time to recharge their batteries and go to school, but Wang Jiapeng plans to go to Zhengde Fund to find a job, and he can do business without being an executive. Although this intention is surprising, as an entrepreneur who almost succeeded and succumbed to the general environment, Yuan Jing had to consider it carefully.

Although the other party has just let their early investment of tens of millions of dollars go down the drain, the field of early education and early childhood education is still recognized as one of the most attractive fields for investors in China. The ability to make money is strong, and the market is large, especially in first- and second-tier cities, which is basically just needed, and the threshold of entry is not something that anyone can do with their heads.

At present, the only problem is the problem encountered by Wang Jiapeng, the economy is cold, and many rigid needs in the cold winter have become less rigid, some are users really have no money, and some are other reasons, in short, the unit price of customers must drop sharply, seriously encroaching on profits, and even changing the valuation model. But what about when the cold winter has passed? Therefore, having an expert who is deeply involved in this field to make an investment is something that needs to be seriously considered for investment institutions above designated size, regardless of whether the expert has just gone bankrupt or not.

Entrepreneurs who have rich entrepreneurial experience jump to the opposite side to make investments, and there are not too many successful precedents, so Wang Jiapeng is very calm. He knew that Yuan Yu intended to introduce him to Xiaokang as a consultant, and he also knew that he was rejected by the president of Xiaokang, so the chat content was easy to talk about Xiaokang.

Chu Yuanxi has seen the situation of family and friend care, why hasn't he seen the well-off, but every time he thinks of the happiness of the well-off, his heart swells with a strong unwillingness.

Therefore, he found an opportunity to immediately ask his unwillingness: "Mr. Yuan, I just don't understand, why didn't you sign any bets when you were well-off financing? Why do all of you investors seem to have not mentioned this request? Is there anything hidden here?"

If there is no betting, he can stop running at many nodes, but the gambling agreement forces him to run to the end of bankruptcy as quickly as possible.

If the investor made a bet, the entrepreneur did not agree, and still carried out a round of financing after negotiation, it is not impossible, and there is such financing four or five years back. But even this process is quite rare this year, because not to mention gambling, in the deep cold economy, some entrepreneurs are willing to sign even unlimited joint and several liability.

But the investment of Xiaokang is not actually made by anyone, and it is two rounds of financing, hundreds of millions, which is too incomprehensible. In fact, there is a third round, but the third round is A+, which is covered by the Pakistani people, and investors know it, but outsiders don't know it.

"There must be no hidden secrets, and no one mentions that betting is a tacit understanding. Yuan Jing pressed the frame, usually when he made this kind of action, it meant that he had some kind of embarrassment.

Seeing that Wang Jiapeng didn't understand it at all, he had to say it clearly: "For example, I just hope that Chu Yuanxi will not propose a bet, and I will not participate if I mention it." When he made such a high bet for the financing of the Baren Group, it was all completed in one year, and we lost a lot of money, you know? If I had known that he could complete it and it was so easy last year, I would not agree with anything when he offered to make a bet. ”

In fact, the more practical situation is that except for Xu Xin and Hu Shiheng, who were invited in by Chu Yuan Xiyan, other investors know that it is not easy to invest in it, and next to it is the Ba Ren Group holding a lot of cash, as a nuclear deterrent to show muscles, if anyone does not want to invest, they can say it clearly.

"Tell me, Jiapeng, what field of business do you want to do?"

"Before, I still wanted to do early childhood education, but recently I have a very different idea. "Wang Jiapeng had already thought about it before he came, and it can be said that thinking about it holistically is exactly what he thinks he has an advantage in.

"How? Invest in adult online education?"

Yuan Jing's thinking is very normal, adult online and early education face-to-face are just two extremes, but I didn't expect Wang Jiapeng to smile to himself: "Is there a difference between adult education and selling insurance......? Adult online education is inherently anti-intellectual, and if it's difficult, no one will get it, and it's not difficult and useless. ”

"What about you?"

Yuan Jing looked at Wang Jiapeng puzzled. Wang Jiapeng was also looking at him, and Zheng De's growth history flashed quickly in Wang Jiapeng's mind.

In his eyes, Yuan Jing is a European emperor, and it is a complete miracle that Zheng De can develop.

The local PE/VC institutions of the Celestial Empire were established in a blowout around 2000, and 1999 is known as the first year of the Celestial Empire's venture capital, because it is said that the GEM is about to come out. Later, the first year turned into a grudge, and this "soon" was directly 10 years faster.

Then I experienced the five-year bear of my big A shares, which was also the first cold winter of PE/VC institutions. At that time, the entrepreneurial environment was not as mature as it is now, but the entire venture capital industry has been closely linked to the Internet industry, and those that can effectively rely on the help of investors will soon sprint to the front row.

Baidu is a typical representative and benchmark, in 2002 got IDG 1.5 million $ investment to stand out, and finally became one of the top three BAT.

In this era, local venture capital funds are facing a very embarrassing problem - how to exit? The A-share access system makes it difficult for real start-ups to get on. Fundraising, investment, management and withdrawal, the last link cannot be opened, and the whole logic is wrong. This situation did not see the light of day until 2004 and 05, when there were two major events in the big A shares.

In 04, the SME board was established, and in 05, the share reform was carried out.

Of course, all this has nothing to do with Zheng De, Zheng De Fund was only established in 2006, and it was a trust at the beginning. But in fact, it is also related, because if Zheng De had been established a few years earlier, he might have knelt a long time ago. In that ancient barbaric era, there were few venture capitalists who were killed by the waves of the times, and it was the heroes who could survive.

Even so, a small fund like Zheng De did not have much presence in that era, because around 05, the $ fund had begun to enter the market on a large scale. There are outsiders such as Tiger Fund and Sun Dasheng; there are also Sequoia that combines soil and ocean; and there are those who took $ and directly turned into local venture capital, Hillhouse is a start-up fund that started at Yale University, and Xu Xin, the main investor of Xiaokang, was known as the investment queen in that era, and left her old club to create Contemporary Capital Group.

Recently, Xu Xin has been in the limelight in the IPO market for a while, two of the three giants of snack consumption, three mice have been listed, and BESTORE is about to IPO, and this year's best investors are probably locked in the top three.

With so many foreign monks and local giants, how difficult is it for Zheng De's little arms and legs to advance?

It's not difficult, because the GEM that began to be prepared in 1999 finally opened in 2009. In this wave of huge dividends, as long as any small fund can eat a listed project, it can immediately rise to a higher level.

So all that's needed is European gas.

When Zheng De was established in 2006, it was just that the Yuan family had some money in their hands, so they decided to do something big together. At that time, Yuan was only 19 years old and was still studying overseas. Yuan Jing is 32 years old, returned from overseas study, drank a belly of foreign ink, has work experience in the investment bank of the United States, and is the most capable one in the Yuan family, so he was entrusted with important tasks by his father.

As a result, a year later, there were major changes in the company, the Yuan family lost the leader, Yuan Jing was appointed to take charge of the fund that had just set sail, and then put the treasure on the start-up that seemed to have no hope at all at that time, and Zheng De gradually transformed from a trust to a PE/VC institution.

The so-called VC is the early stage of venture capital, which relies on slapping the head to throw money, while PE means looking at financial indicators to invest, relatively speaking, investing in relatively mature companies. When Yuan Jing took the position, it was not that no one in the Yuan family coveted the position of president, and even many people accused him of making hasty decisions, but there is an important feature of the investment industry-

The LP is responsible for contributing the money as long as it has money, while the GP, although it is called a general partner, actually manages the fund and has high requirements for qualifications. Whether there is a reputation for performance, whether it is fully focused, whether there are unique skills, etc., if there are none, at least you must have work experience and education, which are not attainable by the Yuan family who only have cash.

As a result, Yuan Jing Ouhuang possessed the body, only three years, some of the early invested companies just enough to meet the listing standards, and many projects from fundraising to maturity will take three years at the earliest, but the GEM has just opened. As a result, local venture capital companies ushered in the first large-scale explosive growth, Zheng De invested in dozens of start-ups, and in the first two waves of the board, he invested in Wangsu Technology, Saiwei Intelligence and Blue Cursor.

Not only Zheng De, many PE/VC have been issued, and the myth of getting rich overnight has spread all over the river, and if you don't participate in PE, the era of backwardness has officially arrived.

That era was perverted, all the rich people went crazy, and with the sound of a gong on the GEM, countless PE funds were gathered to chase Pre_IPO projects. Local venture capitalists have been waiting for this day for many years, and then found that they are lying in a big groove, and the market ecology has suddenly changed.

Soon, GPs lost their decision-making power, and the power to invest was taken away by LPs, that is, funders, and the GPs' work became fundraising, and the ability to find money became the only indicator to measure private equity funds. Then, with the investment vision of LPs, of course, they do not consider the growth of any company, whether they can IPO is the only criterion, and the projects with an annual net profit of more than 30 million in the market are frantically chased by PE institutions with money in their hands.

However Pre_IPO such a good thing must be a scarce resource, so relationships and connections become the first priority, rather than the professionalism of the investment. This is the inevitable outcome of more monks and less porridge, and the result of downward transmission is that the valuation of the companies to be listed has risen, and even before the listing, it has reached 20 times the price-earnings ratio, but institutions still need to grab it in order to grab the share.

Zheng De made a lot of money after 2009 because of Yuan Jing's hasty decision in 2007, and the return on investment of a single project was dozens of times, which was equivalent to a pig standing on the tuyere. Moreover, with the continuous expansion of the gem, there are still companies invested in the past three years that have been listed one after another, Zheng De gradually mixed into the circle of medium-sized funds within the scope of the country, and when he launched a fundraiser, the scale of two or three billion yuan was still certain.

But at this time, he coaxed, others were greedy and I was afraid, and this cowardice brought out the essence of the European emperor.