Chapter 4 How to Gracefully Extract from the Internet Technology Bubble
In the late 90s, the global stock market represented by the NASDAQ stock market in the United States, but all the listed companies that partnered with the network IT side, the stocks were speculated, and the market value doubled and rose. Pen × fun × Pavilion www. biquge。 info
The Internet technology bubble began in 95 years with the listing of Netscape and suddenly burst in February 2000 after the "Millennium Bug" incident.
Maybe in ten years, most people will forget when the Internet technology bubble began to blow, but many practitioners who have been engaged in the network IT industry and experienced the Internet winter remember the moment when the Internet technology bubble burst.
One may be that pain is always more impressive. Just like the domestic Shanghai Composite Index began to rise wildly at 998.23 in 05, and began to fall in October 07. When things go a few years later, it may be easy to forget the winning numbers of other people's lottery tickets, many people will forget when and what point the stock market started to rise, but the time and index of the decline will be remembered by many people, and some people can even accurately say the date of the peak and the number of points accurate to two decimal places.
The second is because as a symbol of the bursting of the Internet technology bubble, the "Millennium Bug" was almost known to everyone at that time. When the millennium arrived, the "millennium bug" did not cause harm to network technology, and was regarded as the biggest good news at that time, and it seemed that nothing could stop the rise of network technology stocks. However, in less than two months, it seems that in order to deduce "the good is all the negative", the Internet technology bubble unexpectedly burst suddenly, and the Internet winter has arrived.
Chen Fan was also a member of the IT industry in later generations, and although it is not clear how much the Nasdaq index was hyped up in that bubble, he knows when the bubble burst.
What is the use of knowing the specific bubble bursting time in the NASDAQ stock market?
The stock market bubble is very crazy and irrational, and the stock market bubble is blowing up during the period, which means that the stocks in it are rising wildly. If a person is very rich and knows the exact time of the bubble burst, it is very safe to buy all the money at his disposal to buy stocks that are rising wildly, and then sell them safely before the bubble bursts. In this way, it is easy to earn several times or even dozens of times the investment.
However, the reality is that Chen Fan has no money, and it is not easy to buy NASDAQ stocks in China.
In the absence of money, how to elegantly make a fortune from the NASDAQ Internet technology bubble?
The right posture is to set up a company, then package the company as an Internet technology company, and finally take the company to the NASDAQ to issue shares before the Internet technology bubble bursts. If there is still time to spare, you can also make another additional issuance or reduction.
This is the correct posture to make money from the stock market bubble, which was later done very well by China.com, and barely passed by Sina.
Although the most sought-after portals are the first choice in the stock market, the most sought-after portals are the first choice if they want to go public before the dot-com technology bubble bursts.
However, although Chen Fan is a reborn person, he is not a technical expert, and he has no funds, no status, and no connections, so why should he compete with Sohu, Sina, NetEase, and China.com? Compared with Zhang Chaoyang and Ding Lei, his only advantage is rebirth, so he needs to build a platform to change the competition from hell mode to simple mode.
The Internet café is such a platform.
The spread of the Internet in China has spread from the scientific community to the educational community (universities) and a few relatively wealthy classes, and then to the common people.
In the first few stages, the popularization was either public funds or institutional funds, or they bought computers and Internet access out of their own pockets, and there was nothing to do with Internet cafes; However, in the process of popularizing the Internet to the general public, Internet cafes have played a vital role, and the number of ordinary people is the absolute majority.
In 1998, the number of Internet cafes across the country began to increase on a large scale, and it was also the time when domestic Internet users grew explosively. At this time, the benefits of mastering the platform of Internet cafes are of course self-evident. However, a single Internet café does not help, and Chen Fan needs to quickly establish an influential platform.
From afternoon to evening is the busiest time in the Internet café, Chen Fan saw Yang Yun's father in a hurry when he came to the Chaofan Internet café after school.
Since there is no management system, Chaofan Internet Cafe, like other Internet cafes, charges are manual. Father Yang took a small notebook to record the time when others were on the machine, how much money they paid, and the location of the number on the machine.
At this time, the Internet café was already full, but there were still many people waiting for others to get off the plane. At this time, if someone gets off the plane, the first thing the person who wants to get on the plane is to take a seat, and then call the boss over to collect the money.
In addition, many people who are online now are new to computers or the Internet, and they will ask their bosses for help with many small problems.
Chen Fan came over to deliver food to Yang's father, this small Internet café with 50 computers kept Yang's father busy alone, and Chen Fan was called over to help as soon as he entered the Internet café.
Help a group of people who want to play Red Police but can't fight on the Internet to build a host,And then help a person who can't switch input methods to call out pinyin,And then copy a few commonly used URLs for a classmate who is on the Internet,And was called to a person who played Sword and Fairy Legend from another computer he played with to call up his previous archive。
The Internet café is now mainly watched by Yang Yun's parents and Chen Fan's mother, Chen Fan's mother is rarely here, she is also responsible for cooking, Yang Yun's parents and Chen Fan's mother are now in the learning stage.
Among the two families, Chen Fan knows more about computers, but he and Yang Yun have to go to class, so they can only come over after school in the afternoon to help.
Father Yang followed behind Chen Fan to watch him finish solving the customer's problem, and he was still in the learning stage. After Chen Fan had solved all the problems, he began to eat.
Chen Fan asked him with a smile: "Uncle Yang, are you tired of opening an Internet café?" ”
"What's so tiring about this," Father Yang replied while eating, "It's just quite troublesome." ”
"If you are troublesome, you can hire someone, hire two cashiers, and then invite two technicians, wouldn't it be easy?"
"What do so many people ask for? In this situation, it is okay to ask a technician to come back, and it is a waste of money if there are too many people. Father Yang disagreed with Chen Fan's point of view.
"Invite a few more people, you can put a few more computers. Let's put these 100 computers, right? Chen Fan said, "And now that business is so good, don't you plan to open a few branches?" ”
There are still some free places in Internet cafes, and the distance between computers is also very open, and if you follow the pattern of Internet cafes after 2000, 100 computers will not seem very crowded.
It has been more than 10 days since the Internet café opened, and in addition to the first three days of free operation, it has been more than a week since it was opened for a fee. The two have already calculated, and the Internet café business is very hot, and according to this situation, it will take at most another three months to return to the capital.
Is it appropriate to keep the money earned in the bank for a business that can return to its original cost in three or four months? It was clear that investing more was the right choice.
Meiping, Vientiane, these Internet café management systems will not appear until 1999, now let employees collect money no boss will rest assured, Yang's father shook his head: "50 computers are too busy now, and let others collect money, how can you rest assured, if you charge less?" ”
Chen Fan looked at him and said: "If there is an Internet café management software, installed on a computer that specializes in collecting money, you can lock all computers, if you want to get on the machine to open an account and charge money into it, you can unlock it, and if you don't want to go to the customer, you can click on the machine or the money in the account will be used up, and the computer will be locked, and the software has a record of how much money you have collected, and you can check it at any time." Isn't it easier to be a boss? And the Internet café computer will not be too busy, so it is easy to open a branch, just go to the Internet café once a day to collect money. ”
"And this kind of goodie?" Father Yang looked at Chen Fan with a look of hope, daily maintenance of his own study or can ask the network manager to solve, manual charging is indeed a big problem that plagues the owner of the Internet café now, Father Yang has already felt this in just ten days.
"Not yet." Chen Fan shook his head, "But soon." ”
Father Yang didn't understand: "What do you mean?" ”
"You can help me recruit a technician who understands computer programming, and I will be able to do it soon."
Father Yang was startled: "What! Do it yourself? ”
"It's just a small program, it's very simple." Chen Fan explained, and tried to make things as simple as possible, "I can basically do computer programming if I have learned it." ”
It's not that hard, but it's not that easy to do without serious bugs, and some features require some special skills to implement.
This kind of software is not big, Chen Fan himself is a computer major, he can actually do it himself. However, doing everything by himself is not the right posture for a career, and he can let others do what he can do as much as possible, and he has more important things to do.
Chen Fan's first plan was to make a current most sought-after portal and go to the NASDAQ circle in the United States for a sum of money.
The portal is now a hot spot for investment, and he is not the only one who knows about it.
NetEase has been established for almost a year now, Sohu was also 2 months ago, and Sina has not yet been established, but it is a direct merger of Sitong on the basis of Huayuan Online.
His current strength is too small, and it is not enough to directly fight these Internet bigwigs, so he needs to do some foreshadowing for his money-making plan.
The Internet café management system is an entry point, and now the Internet café is developing rapidly, but the Internet café management software is in a vacancy period.
If the Internet café management system can be quickly promoted, it is equivalent to seizing a promotion interface for Internet café customers.
However, Chen Fan's strength is too different from those Internet bigwigs, and he feels that it is not safe to only do an Internet café management system, so he wants to add another double insurance for his plan.
In 98, the number of computers in China was indeed far less popular than later, but it was not as difficult to find someone who knew how to program computers as many people imagined.
Quite simply, the early popularization of computers was by the elite. In the early days, computer software was not as abundant as it was later, and the means of dissemination were scarce.
Here's an interesting example:
Wang Xiaobo is known to many people as an influential writer, and many people like to read his novels and essays.
However, many people don't know that Wang Xiaobo may be the first writer in China to use computer codewords.
At that time, Wang Xiaobo bought a 286 computer, and he found that typing with a computer was very cool, very green and environmentally friendly, so he wanted to use the computer to write.
Then he asked someone and found that there was no software to edit the text.
So he wrote a ...... himself
……
Later, after the popularization of computers, what is the most normal reaction when everyone needs to use software?
If you want to use any software, you can find it online, and you have to use it for free, don't charge it, and crack it.
But this was not the case with people in the past, when there was no internet and very little software.
What should I do if I want to use it myself but can't find it?
Then write your own.
So there are not many people who can program in 98, and soon Yang's father found one, which is a teacher from the computer department of the nearby Central South University of Technology.
The teacher of the Department of Computer Science of the University of Science and Technology, surnamed Deng Wenhua, is in his early 30s, graduated from the University of Science and Technology with a bachelor's degree in computer science, and then stayed on to teach, and completed a master's degree in computer science on the job. Chen Fan chatted with him for a while, and felt that although this teacher Deng's skills were not very good, he also had a solid foundation and good skills.
Of course, this teacher Deng did not plan to quit his job and join a small Internet café, but only planned to make a lot of extra money. Chen Fan gave him a quotation of 8,000 yuan, and the source code of the software was returned to Chen Fan.