Several of the founders of Blue Dot Technology, who have arguably become "billionaires", sat down at a tavern near Biancheng Road at this time.

They feel that Rongcheng has a peculiar charm of the market, which is incomparable to the place with a strong commercial atmosphere and serious class differentiation, that is, whether it is a large number of people or small people in the market, they can be next to each other, you talk about your business, I talk about my firewood, rice, oil and salt. You said that you must be happy in life, and it is the right time to make contributions, and you will not return it when you go to the east of the river. I said that cloth clothes are warmer than silk, coarse tea and light rice are full of three meals, and they are sweet in the morning and sweet in the evening.

This day has come to March 10th, the Nasdaq index has pushed to an unprecedented peak of more than 5060, seeing that every rise today will be history, although the Dow Jones index does not rise but falls, but we do not think there is any problem, Blue Dot Technology's American code ANDL stock has fallen, but this is a normal category, the general new stock listing will go through such a process of value repair, subscription and chasing high, resulting in the first day of the rise and the next day of decline.

However, Blue Dot Technology still stabilized the price, on the one hand, it was supported by good fundamentals, and investors were very confident. The second factor is that the broader market is now heading for new records like never before. The third aspect is that Cheng Ran has privately located brokerages and investors, and in order to maintain the value of the stocks in their hands and grab higher interests, many parties will naturally use various methods to support the market. In this way, the stock price of Blue Dot Technology hovered around $28 or $29 in disguise.

Seeing this situation, the people who originally planned to sell 3% of their shares through Cheng Ran's private placement also changed their minds, and only sold about 1% of their shares at a discount, and went so well in the three-board market, coupled with the ambition that they can say that they want the carp to jump the dragon gate, it is entirely possible for them to try to transfer the board to the NASDAQ in the future, so Blue Dot Technology is no longer a small fish in the three-board market, and may even break through into the real bigwig circle in the future.

By that time, the market value of the stocks in their hands now will no longer be around the thirty dollars in front of them, and in recent comparison, China.com, which was listed on the NASDAQ last year, is the first "Chinese concept stock" warship, and the news has exploded today, the stock price of this Chinese warship has exceeded $220 per share, with a market value of more than $5 billion.

For everyone, it is more like a group of small shrimp who have been trained hard in the cave and finally set foot in the rivers and lakes, only to taste the sweetness of the heroes who were born to fight a hundred, and then they discovered the world of top masters, where they are the so-called heroes, and they do not even have the qualifications to accompany the last seat, what kind of mood is it, excited, excited, but glad that they are standing at the head of the tide and are qualified to march to the bigger rivers and lakes and circles.

That's why they regretted Cheng Ran's withdrawal at this moment.

Because in the eyes of everyone, they have seen a more magnificent scene, this kind of scene, the last time they saw it, they will never forget. So their pattern is already there, and they no longer fall in front of the "big players" who are at the forefront of the real Internet tide to make a small fuss in the market value. What they are chasing is a bigger picture, a bigger blueprint.

At this time, they can't help but remember Cheng Ran, who brought them all this, but retreated bravely.

"Is Mr. Cheng still shipping?" Liao Miao said.

Jiang Ling, who has been in contact with Cheng Ran for the past few days, responded, "It's been there for the past few days, it seems that he is really going to sell it all and empty it." ”

Kang Ming sighed, "Our plate is not big, although Cheng Ran has the most shares in us, but after the backdoor listing, the overall is more than 20 percent, he wants to leave the market, in fact, it is too late, but the loss in this is very large, and a layer of skin will be lost." But there is no way, I can't persuade it. ”

Everyone looked at each other and felt sorry, if Cheng Ran partially cashed out, of course there was no problem, but in such a hurry to cash out and leave in front of him, it also meant that he lost the opportunity to take the blue dot to continue to rise in the future, and if he lost Cheng Ran, they also had to consider the relationship with Fu Long, and whether they could be like a fish in water, although Cheng Ran was also a friend in the end, but after all, it was more natural to have interests tied together.

"Cheng Ran can't help it. Deng Yudao, "Fulong share restructuring, the whole Rongcheng was shaken, this courage, so that employee loyalty and enthusiasm are unprecedentedly high, now I heard that many graduates in related fields, most of them are inquiring about Fulong's situation, Cheng Ran This is also no way, I heard that Fulong was actually sniped in the United States, domestic and foreign competitors are suppressing its rapid development, the company's future is very difficult, Cheng Ran is also making reserve food for the winter. ”

Liao Miao said, "In my life, there are not many people who admire, there was a professor when I was in school before, and the papers published were not won by quantity, not deliberately, chasing fame and fortune, but for forty years, I have learned from China and the West, become a family, solid in my own field, preaching and teaching, sharp views, and a commanding perspective, and I am not involved in the atmosphere of comparing funds, projects, and articles, so he is naturally not very famous, but in the minds of our students, his status is supreme. When I came to Rongcheng and learned some things, Cheng Ran's father, Cheng Feiyang, the Cheng boss of Fulong Company, can also be counted as one. In the communications industry, there are mixed fish and dragons, compradors are rampant, and what he provokes is actually a backbone, a road that they can still meet one day when there is no one of their kind in this country who can fight. ”

"I sometimes think, what are we pursuing, of course, money is very important, but money is not all careers, our career, if we don't do it, we have to do it, in fact, Fulong also gave us an example. When one day, when others say that our Chinese company can't fight, can we stand up and tell them...... Kind of you guys coming?"

......

This is the four founders of Blue Dot on March 10th, the Rongcheng Bistro, based on the present and looking forward to the future.

On this day, the NASDAQ reached its peak at 5132.52 points and closed the day at 5060.34. In the eyes of the outside world, it seems to be the beginning of a wave of carnival, and countless capitals in the world are clustered around the Internet economy.

On March 13th, it seems that one of the possible reasons for the future is that a large number of billions of dollars of sell orders for high-tech leaders such as Cisco, Microsoft, Dell, etc., happened to appear on the morning of the first Monday trading day after March 10, resulting in the opening of the 13th day from 5038 directly to 4879 points, and the Nasdaq lost 4 percentage points.

The ripple effect of this massive sell-off caused investors to liquidate funds and institutions, and the Nasdaq market lost nearly 9 points in just six days.

On March 15, the index fell to 4580.

And just like the "powder keg" that no one has seen before, irrational exuberance has led investors to use excessive leverage to bet on what they think is a "feast of wealth", and they fantasize about investing in such a battlefield of wealth to grow their wealth far beyond that of other industries in the world, far beyond other groups of people who have not seized this opportunity, so as to dominate and become the top of the wealth pyramid.

But disaster struck. This battlefield is no longer a catch-and-fight where the selected company grows faster than anyone with good vision, and it is not a gentleman's game where the winner and loser can be full of money, but a great evaporation of wealth.

A fall is a panic decline, and the prosperity created by financial leverage is wiped out.

What follows is the 75% collapse of the Nasdaq over the next 30 months.

Countless people went bankrupt, and countless famous companies went bankrupt one after another.

According to some data, on October 10, 2002, the Dow Jones index reached a low of 7,197.49.

The Nasdaq lowest was 1,108.49.

These figures correspond to the decrease in the previous boom.

It is as if the author's pen is scribbling across the page, and God's hand is touching the world.

In two years and six months, the market value of technology companies is $5 trillion.

It was just erased.

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(The efficiency is a bit low, and there are more things to consider when going through the transition, and strive to be able to write about it.) At least it didn't break the change, lol)