Chapter 26 Two Fishes and Five Loaves of Bread, Feeding Five Thousand Men

"Marx said that in studying economic issues, we should proceed from the facts of the current national economy. Pen | fun | pavilion www. biquge。 infoTwenty years of reform and opening up have relied on seeking truth from facts.

Whether the macroeconomy is good or not, that is the background. No matter how bad the background is, there are companies that do well. All of you here should also do a good job of your own one-third of an acre, so that there is hope for the fundamentals of our province's economic growth.

Enough has been talked about at the macro level. Today, in order to bring everyone to talk, I pushed off 4 meetings and reduced the opening remarks to three minutes, not to listen to the macro again. I just hope that everyone will talk about some practicality, and at the same time, let us see what the government can do to serve the business community, and we can also do it to help the business community work together to improve the economy......

Cardinal Qi's speech was not fast, his words were clear, his words had no tone or expression, and there was no joy or anger to be seen.

But everyone knows that he is dissatisfied with Professor Wu's clichΓ© and feels that it is a waste of time.

It's just that because of the face of the Changjiang scholars, it's not easy to make it too ugly.

There is a kind of scholar who is called invincible in mouth and incompetent in hard work. It seems that the macro situation is not good, and the entrepreneur will obediently wait for death.

Gu Cheng didn't know Cardinal Qi originally, so he was ready to break up the meeting and find an opportunity to speak in private. Now that he sees that the other party is quite pragmatic, he is not afraid of offending people.

After Cardinal Qi finished speaking, everyone appreciated it for a while, and no one answered, so Gu Cheng stood up and spoke directly: "I think Cardinal Qi's sentence 'macroeconomics is a background' is too good. Warren Buffett also said that when the macro situation is not good, there are people who can make money, such as our legendary entertainment, which is desperately making money there in the cold winter of the Internet, I think ......"

"Sir, please wait a moment, you haven't introduced yourself yet. The female secretary who presided over the meeting saw Gu Cheng standing up and said directly, she was a little overwhelmed, and hurriedly interrupted him to rush to introduce, "This is Gu Cheng of Legendary Entertainment, President Gu......"

Gu Cheng had never participated in this kind of government meeting before, so he really didn't know the etiquette.

And on this kind of occasion, the cardinals quote Marx, and you actually quote Buffett, don't be too discordant. The female secretary was directly frightened.

Fortunately, Cardinal Qi waved his hand to stop her from continuing to "eradicate illiteracy", and then motioned for Gu Cheng to continue.

"I'm sorry, I haven't been to this kind of meeting, I don't know much about the process, so everyone is very forgiving. Gu Cheng said politely and returned to the topic,

"I have some experience in the Internet industry in the province. Inspired by Cardinal Qi, I am even more determined to think that the development of Internet companies should not rely too much on the macro situation.

The poor macro situation is nothing more than financing difficulties, which makes it difficult for those companies that only do the number of users but do not make money. The essence of business is to make money, two or three years ago that crazy was called abnormal, many investors with money can not find a project to invest, and are in a hurry to enter the market appreciation, so blindly invest.

Even the entrepreneurs themselves can't summarize the 'profit model' of the project, only saying that there is traffic and users, and the venture capital dares to throw money into it - this is the venture capital itself looking for death. The cold winter just helps us to get rid of the chaff, get rid of the damn garbage, and make room for serious and normal enterprises to grow.

Now there are more and more serious Internet companies like this, so the cold winter will pass soon, and it is definitely not as far away as Professor Wu said. And how fast it is depends on how many Internet companies we have figured out this most simple problem and planned the path of making real profits. ”

Gu Cheng's words were sharp and domineering, if he hadn't seen the occasion, he would have almost thrown out "any enterprise that does not aim to make money is a hooligan".

Cardinal Qi was very pleased with these words.

The macro is just a background, and the progress of the individual can promote and accelerate this background.

That's the point of having a meeting!

It's a pity that Professor Wu couldn't sit still first.

Being slapped in the face by an illiterate person in the corporate world, can this be endured?

When Gu Cheng spoke just now, the more he listened, the more wrong he became, so he asked the female secretary who presided over the meeting to inquire about the other party's origins.

The introducer said a bunch of Gu Cheng's achievements, but he didn't take it to heart, and when he heard the sentence "Gu Cheng is a wild man who dropped out of school after graduating from high school and started a business", Professor Wu suddenly burst into aura.

I didn't even go to university? I still want to be a government think tank better than the Changjiang scholars who study macroeconomics? Isn't this a spicy chicken sent to the door to beg for a beating?

"Comrade Xiao Gu, you keep saying that 'as more and more Internet companies find a reasonable profit model, the cold winter of the Internet will soon pass,' then I would like to ask, apart from your company, how many Internet companies in China or in the province have done a good job of adjusting and planning in this regard? How long will it take to put it into practice? Is it that they all rely on selling online games to poison the mental health of young people and delay the country's spiritual civilization construction?"

Professor Wu's question is quite tricky, and he knows to exclude Gu Cheng's strange and profit-making case first. Moreover, from the beginning of the year, he stood on the moral high ground, and defined the profit model of online games as mental garbage and electronic drugs.

Gu Cheng smiled: "I didn't say that there is only a way to make money by selling online games." ”

Professor Wu further blocked Gu Cheng's retreat: "Selling audio and video products, selling pulp novels, and counting you in it -- don't you think that these alone can save the macroeconomy of the Internet?"

Gu Cheng continued to look harmless to humans and animals: "I didn't say that the main profit model is to sell these." Professor Wu, there is a saying that is not worth talking about, and there is a precedence in hearing the Tao, and there is a specialization in the art industry.

I admire you very much for your insights into the macroeconomy, but you are really unprofessional in the Internet. It doesn't matter if you are a Changjiang scholar or a high school student, when you were educated, there was no Internet, and your imagination was not enough. ”

"You ......" Professor Wu's face turned pale, if it weren't for the presence of Cardinal Qi of Mengxing, he would have almost reprimanded Gu Cheng.

This kind of uneducated turtle is really insulting!

Gu Cheng didn't care about the other party's discrimination, and continued to say shamelessly: "In the Internet industry, the most simple profit model at the beginning was of course advertising. This is because the traditional industry that Internet technology can most easily replace is traditional media -- and the biggest source of profit for the traditional media industry is advertising. As long as Internet companies can establish a solid relationship between the supply and marketing of advertising fees and form a stable cash flow. The Internet winter will soon come to an end, and most companies will be able to come out and regain the trust of the capital market. ”

Professor Wu didn't even think about this question. Because he has never studied the profit logic of Internet companies.

However, he was embarrassed to ask.

Fortunately, Cardinal Qi asked: "Comrade Xiao Gu, according to what you say, did those Internet companies also rely on this logic to plan their long-term prospects two years ago? So why did the bubble burst at that time?"

"I think that's because the trust in the market at that time was broken -- it's like a TV station, although it only has 1 million people a day at the moment, but as long as it can do '10 million people in 5 years and 30 million in 10 years', then there will be venture capitalists who will temporarily value 5 million or 8 million people to the entrepreneur in order to take some shares.

But if this TV station is exposed that its collection data is fake, there may not be 1 million at all, only 100,000 or 200,000, and the height that can grow in the next few years is not 10 million, but only 1 million. Then venture capital will naturally panic out. At that time, most Internet companies suffered a crisis of confidence, and all the people in the investment community expressed doubts about the future growth of almost all companies in the industry, so the Internet winter broke out. ”

Cardinal Qi's eyes narrowed even more thinly: "Why did this kind of trust suddenly collapse collectively?"

"Because it was overvalued, and there was a lie that misled all Wall Street investors to overestimate the current industry flow, it was exposed. ”

Gu Cheng originally wanted to explain more, but he didn't expect Cardinal Qi to be quite knowledgeable, squinting his eyes and muttering to himself: "What you said should be referring to the trend of 'fraudulent active user count'." ”

Gu Cheng was stunned for a moment, and immediately approved: "Exactly, Cardinal Qi, you are very knowledgeable. ”

Cardinal Qi waved his hand and said compassionately: "Trusting this kind of thing is like a wolf coming, it is easy to destroy, but it is difficult to build. Even if it is rebuilt, it will have to be built slowly by one Internet company after another. From this point of view, it is not unjust that the cold winter will continue for another three or five years. ”

There are ten birds parked in the tree, and if you kill one with one shot, there will be only zero left.

It was the Internet companies that fired the shots.

What was killed was the venture capital that invested money in this Internet company.

The remaining nine are venture capitalists who have invested money in their peers at that Internet company. When the VCs saw that one of their peers had died, they collectively scared away.

To get the nine birds back, you'll need nine bird food bait.

And to scare them all away, it only takes one bullet.

Labor costs are quite unequal.

Cardinal Qi understands this truth, Professor Wu understands it, and everyone present understands it. After all, there are absolutely no people who can participate in this meeting.

No one thinks that Gu Cheng has found a business profit model, which is equivalent to finding a solution to the problem.

Because there is no such magician in the world, he can only sprinkle one bird food, and find all nine birds back, and continue to stabilize.

Do you think this is the miracle of Jesus recorded in the Bible, feeding 5,000 people with two fish and five loaves of bread?

However, Gu Cheng just opened his mouth to take over the conversation.

"I have a way to rebuild that trust. Gu Cheng paused in his tone and observed everyone's reactions, "We don't need to wait for all the companies in the world that operate Internet advertising to rebuild their credit." We just need to rebuild a general intermediary platform that guarantees all Internet advertisers around the world, and then build the credibility of this platform. ”

The total intermediary platform for Internet advertising for all mankind?

Including Cardinal Qi and Professor Wu, everyone was stunned when they heard this.

This kid is really a toad yawning and blowing nonsense!

How many Internet companies and how many people operate Internet advertising in the world?

How dare you say that you can establish a company that will dominate the rivers and lakes and be the general intermediary and general credit guarantee of all mankind in this field?

Are you Jesus, or are you the Savior?

Many people were already laughing, and they couldn't even care about Cardinal Qi's presence.

Young and crazy, why not!

Cardinal Qi was the only one left in the audience who was still self-contained, and asked calmly, "What are you going to do?"

"Cardinal Qi, I can't tell you what I'm going to do right now. Give me half a month, at most a month, and I will come up with a set of executable plans to show you. However, I may not be able to guarantee that the biggest beneficiaries of this plan will be the Internet companies in the province - I will have to rely on the help of some of my colleagues in Beijing.

But I just want to ask you for one thing - if I show you the possible solution when the time comes, you will approve of it. Would you like to help me persuade some people to convince them that 'the Internet winter will soon pass, and now is the right time to invest in Internet infrastructure upgrades?'"

Cardinal Qi cautiously asked, "Who do you want to prove?"

Gu Cheng smiled lightly: "The leadership of Huaxia Unicom. ”

"Yes, but I wonder why you're doing it. ”

"I'll tell you this question when I prove it. It's not that I'm hiding it, it's that I can't say it in a sentence or two. ”

"Okay, anyway, I have a clear conscience, since it is for the sake of the country to seek truth from facts, what can't I do. ”

A group of entrepreneurs and scholars looked at Gu Cheng like fools.

Tell you kid to pretend to be a coercion, and see how you lie when the time comes!