The establishment of a beautiful home and the investment in the center building are the focus of Yang Fei's work in the next few years.

For this reason, he will live in Shanghai for a relatively long time.

In 2000, Shanghai was the golden time for property speculation.

In many places, the housing price is less than 3,000 per square meter, and the better lot is only 5 or 6,000 per square meter.

In five years, house prices here will increase five- or sixfold and will continue to rise.

Yang Fei's desire to use 666 Company to cash out was realized in advance because of Gao Yi's anger, and now Yang Fei naturally set his sights on another blue ocean.

"Where are you going?" asked the mouse, getting into the car.

"Go meet an investor. I made an appointment to meet at the café at the intersection of Jinling Road Commercial Street. ”

"Okay, fly less. ”

When they arrived at the café, Yang Fei and Chen Mo went upstairs and said to her: "This investor, named Zhao Wenliang, is also well-known in the world, has a very accurate vision, and has made a lot of money in recent years. ”

Chen Mo said: "Are we going to pull his investment?"

Yang Fei said: "Don't pull investment, he read my book and said that he looked up to me and wanted to chat with me." Multiple friends, multiple paths. ”

Chen Mo smiled: "That's the same." People are divided into groups, things are gathered in likes, and those who can make friends with you are not idle people. ”

"Mr. Yang!" Zhao Wenliang had already arrived, sitting by the window, and when he saw Yang Fei enter the door, he waved his hand to this side.

Chen Mo also thought that investors were all elderly people, but he didn't expect Zhao Wenliang to be very young, about thirty years old, wearing well-cut formal clothes, and he couldn't see any brand logos, but he showed his low-key luxury.

"Mr. Zhao, it's a good thing. Yang Fei walked over and shook his hand.

Zhao Wenliang also brought a secretary, in his early twenties, with a delicate appearance, he can be regarded as a beauty if he looks at it alone, but compared with Chen Mo, he is overshadowed.

"Who is this?" Zhao Wenliang couldn't help but light up when he saw Chen Mo, "Is it Mr. Yang's girlfriend?

"Hehe, my secretary Chen Mo. Yang Fei introduced and asked, "Mr. Zhao, have you been here for a long time?"

"I've been here for a while, and I just met a small entrepreneur from Shennan City who came to pull investment. He said that he wanted to sell me a social software, and he asked for 200,000 yuan, but I had never heard of it, so he refused. Zhao Wendong said.

"200,000 social software from Shennan City?" Yang Fei felt that these words were extremely familiar.

"Yes, he is a computer, what is it called Computer Systems Co., Ltd." ......"

"Oh, what about others?"

"He's gone. What kind of social software is he, how can it be worth 200,000 yuan? 200,000 yuan, he can buy a small house in Shanghai!"

"Mr. Zhao, you don't usually play on the computer?"

"Computer?"

"It's a personal computer. ”

"Oh, it's not a lot of fun, the secretaries take care of everything. I love climbing, diving, swimming, golf, and skydiving, and I'm a person who can't sit still. What do you like to play? I've read two of your books, but none of them mention your hobbies?"

"I have a wide range of hobbies, the ones you like, I've tried them all, and recently I'm playing horseback archery with my friends. ”

A friend of mine has a horse in the Xiangjiang Jockey Club, and he bought it for more than 5 million yuan, and it was a BMW, called Shenwei War Horse, and he won the first horse prize. The horse is usually trained in the Jockey Club, which costs 500,000 yuan a year. A horse can only be raced after the age of three, and it will be retired at the age of eight, and the time to race is very short......"

Zhao Wenliang is a self-acquaintance, although it is the first time he and Yang Fei have met, they are extremely speculative.

This person is also very talkative, well-informed, and can talk about anything.

Yang Fei said that horse riding is just a sport, while what he said about playing with horses is a completely different activity.

"Mr. Zhao, is the person who sold social software just now surnamed Ma?"

"It seems to be so, right?" Zhao Wenliang said, "I don't have any impression, I look like a gentleman, gentle and elegant, it should be that the company is in trouble, otherwise I wouldn't have sold my research results, right? What's wrong? Mr. Yang is interested in this?"

"yes, because I usually use this software. ”

However, this so-called high technology is not favored by investors now. Doesn't Mr. Yang have studied the international situation?"

"Mr. Zhao, are you referring to the dot-com bubble?"

"yes, it's the time of the dot-com bubble!"

The dot-com bubble, also known as the dot-com bubble or dot bubble, refers to the speculative bubble from 1995 to 2001, in the stock markets of Europe, the United States and many countries in Asia, the stock price of technology and emerging Internet-related companies rose rapidly.

Cities in the United States are building networked workplaces to attract Internet entrepreneurs, seeking to become the "next Silicon Valley".

Telecommunications providers, believing that the economy of the future will require ubiquitous broadband connectivity, are heavily indebted to purchase high-speed equipment and build fiber optic lines to optimize their networks.

Companies that produce network equipment, such as Cisco, are profiting from this.

Similarly, in Europe, mobile operators in countries such as Germany, Italy and the United Kingdom have spent large amounts of cash to buy 3G licenses, resulting in debt. The investment, which far exceeded its current and projected cash flows, was not publicly acknowledged until 2001-2002.

Due to the highly interconnected nature of the IT industry, this quickly led to problems for small companies that relied on carrier contracts.

In the early days of the bubble, three major technology industries benefited: Internet network infrastructure, Internet tools and software, and web portals.

In the second half of the 90s of the 20th century, the US stock market fell into a frenzy.

Under the "irrational exuberance", investors invest large amounts of wealth in overvalued high-tech companies, but these speculative companies make no profit and waste a lot of investment.

And this huge bubble, in the early 2000s, finally burst.

This is also the reason why Zhao Wenliang immediately refused when he heard that the other party was a technology company and wanted to sell any software.

Yang Fei said with a smile: "I know that it is indeed a harsh winter for the Internet economy, but I believe that the winter will soon pass, and the near future will be a prosperous spring." ”

Zhao Wenliang took out a business card and handed it to Yang Fei: "If you are interested, you can find him." He shouldn't have gone far. However, I still advise you that investing in Internet-related industries is very irrational now. ”

"My understanding of bubbles is a little bit different. Yang Fei said, "Bubble is by no means derogatory, and we do not need to be afraid of the arrival of the bubble economy." Another way to understand bubbles is: tuyere. ”

"Oh, the tuyere?"

"The arrival of any kind of bubble means that many economies will go badly and will depreciate rapidly, which is not the best time for investors to enter the market?"

"However, no one can predict how long this bubble cycle will be, and investments that are too risky are still recommended not to enter easily. ”

"How to get through the bubble? There is only one real answer: the ability to raise funds. Maybe what he lacks is a sum of money, and I gave it to him, maybe one day in the future, he can bring me a hundredfold, a thousand times the return?"

Zhao Wenliang shook his head with a smile: "I have never had such unrealistic illusions. ”

Yang Fei said to Chen Mo: "You call Mr. Ma's phone now, and say that you are still in the coffee shop just now, I, Yang Fei, am very interested in the QICQ social software he wants to sell, and ask him to come back and talk." ”