The 344th fell and blew up

The more she moved forward, the more sober Qi Lirui understood her shortcomings.

The more she walked forward, the more clearly Qi Lirui understood what level she was at.

Wei Dongsheng's level, Qi Lirui felt that no matter how desperate she was, she couldn't catch up in her lifetime; Pang Shanze's level, Qi Lirui felt that she could try to challenge it. Starting a unicorn company with a valuation of at least $1 billion is Qi Lirui's life goal for herself.

Pang Shanze is Qi Lirui's target and Qi Lirui's role model. Qi Lirui understood her level, so she did not rashly disturb Wei Dongsheng or Baiguo, but relied on her connections to connect with Pang Shanze; Qi Lirui wanted to achieve her life goals, so she tried to cooperate with Pang Shanze at close range to accumulate some experience and gain some insight.

Ran Qianqian understood Qi Lirui's thoughts, and hesitated and said: "During my undergraduate years, I often worked part-time at the Spring and Autumn Exhibition Hall, and basically I didn't talk to Pang Shanze. In the past two years, Pang Shanze has donated to the disaster area through the Spring and Autumn Charity Fund, and I have only occasionally interacted with him, and we can only be regarded as familiar at best. ”

Qi Lirui encouraged Ran Qianqian: "You are a 2005 student of Panyang Normal University, and Pang Shanze is a 2006 student of Panyang Normal University, so you have some alumni friendship. ”

Ran Qianqian couldn't stand Qi Lirui's soft grinding and hard bubbles, and soon softened: "I'll try it." ”

Ran Qianqian was curious at the same time: "What do you want to cooperate with Pang Shanze?" ”

As mentioned earlier, ideas are not valuable, and execution is the core competitiveness of the entrepreneurial team. Qi Lirui didn't care whether her entrepreneurial ideas might be stolen by Ran Qianqian, and talked eloquently about her thoughts: "The stock price of the recent Spring and Autumn Search has bottomed out, do you pay attention?" ”

Looking back on the history of the development of the Spring and Autumn Search, it walked on the muddy road of suspicion to the throne.

Spring & Autumn Search was listed on the NASDAQ in October 2006 with a market capitalization of about $5.1 billion on that day;

In June 2007, the market value of Spring and Autumn Search exceeded 10 billion US dollars;

In October 2007, the market value of Spring and Autumn Search exceeded 20 billion US dollars;

In August 2008, the market value of Spring and Autumn Search exceeded 30 billion US dollars;

In November 2009, the market value of Spring and Autumn Search exceeded 50 billion US dollars;

In May 2010, the market value of Spring and Autumn Search exceeded 100 billion US dollars;

In February 2012, the market value of Spring and Autumn Search exceeded $200 billion.

During the 2010 Ranke Go Challenge, the stock price of Spring and Autumn Search almost doubled and soared, rushing to the peak of $117.7 billion in market value; Later, with the spread of the wave of artificial intelligence, the Spring and Autumn Group, which occupied the first-mover advantage, was more and more favored by capital, and finally rose to a new peak in the spring of 2012 - a market value of 237 billion US dollars.

Simply summing up these recorded moments, we can easily conclude that the value-added rate of spring and autumn search is getting faster and faster. From May 2010 to February 2012, in less than two years, Spring and Autumn Search completed a big leap from $100 billion to $200 billion in market value.

The media once again turned out Wei Dongsheng's bold words when he discussed the sword in West Lake in 2005.

In 2005, Wei Dongsheng, who had just graduated from high school, went to Hangzhou to participate in the 5th West Lake Sword Debate, and evaluated their respective careers with Ma Huateng, the head of Tencent, Ma Yun, the head of Alibaba, Ding Lei, the head of NetEase, Wang Yan, the president of Sina, and Zhang Chaoyang, the head of Sohu. In the face of the decline of all mouths, Wei Dongsheng surprisingly valued Alibaba at $200 billion, and then unceremoniously boasted that the market value of the Spring and Autumn Group would surpass that of Tencent, Alibaba, NetEase, Sina, Sohu and other companies combined.

Wei Dongsheng said this sentence in 2005, and everyone listened to it as a joke, even if he didn't say it, he ridiculed a high school student in his heart because he was a high school student after all.

At the end of 2009, when the Spring and Autumn search exceeded 50 billion US dollars, everyone looked back on the past four years ago, and no one joked about Wei Dongsheng's self-confidence. Everyone took the initiative to forget that they were also a member of the Spring and Autumn Period, and sometimes lamented that the Spring and Autumn Period was indeed the Spring and Autumn Period, but 200 billion US dollars was too high.

In 2010, when Ranco Go was born, Spring and Autumn Search was like a thunderbolt that smashed the psychological shackles of the people, and I realized that Spring and Autumn Search had become one of the greatest enterprises in the world. From 2005 to 2010, Wei Dongsheng's ten-year plan was halfway there, and his $200 billion market capitalization outlook was also halfway there. Under the influence of the shock wave of Rotten Ke Go, more and more people believe that Spring and Autumn Search can afford the trust of a market value of 200 billion US dollars.

Sooner or later, the Spring and Autumn search will exceed $200 billion.

Spring and Autumn search value of $200 billion expected.

However, no one expected that the record of 200 billion US dollars would come so quickly.

$237 billion, which is a new record for the Spring and Autumn Search in February 2012.

Looking back at the enterprises that discussed the West Lake with Wei Dongsheng, NetEase, Sina, and Sohu, the three heroes of the old era, are now all waste wood with a market value of less than 10 billion US dollars, and together they are not enough for a fraction of the Spring and Autumn Search; At that time, Tencent was almost lost its mobile Internet position due to the impact of WeChat offered by Zhiyu Group; Alibaba's share price continued to slide to the point where Alibaba Group was determined to take Alibaba's B2B private and delisting. In February 2012, the Spring and Autumn Search was really able to beat five companies on its own.

In just seven years, Wei Dongsheng turned the mouth cannon of the year into reality.

Such a speed, too fast.

The value of 100 billion US dollars in two years is incredibly fast, so fast that people can't believe it, and so fast that it makes people feel worried.

At the same time, Spring and Autumn Search did not perform well in 2012. First of all, the factional forces such as the White Pavilion pursued and intercepted the Spring and Autumn Period, and deliberately promulgated policy documents against the Spring and Autumn Search from time to time; Secondly, Wei Dongsheng formulated a defensive counterattack strategy, and did his best to shrink the defensive line in the early stage, which caused the Spring and Autumn Search to be a little dull; Thirdly, the dividends brought by artificial intelligence gimmicks are getting less and less, and the Spring and Autumn Search failed to offer new topics in a timely manner after the end of the Rotten Ke Go Challenge; In the end, the revenue and profit of Spring and Autumn Search are too insignificant compared to its market value, and there is a suspicion of a bubble.

As a result, the record of the Spring and Autumn search stopped at a peak of 237 billion US dollars.

In the midst of bubble doubts, the stock price of Spring and Autumn Search fell from March 2012 to June 2013, and by July 3, 2013, the market value of Spring and Autumn Search was only $176.9 billion. It's not that everyone looks at the decline of the Spring and Autumn Search, but that the public opinion believes that the current Spring and Autumn Search is not worth $200 billion, and the Spring and Autumn Search needs to work hard for a few more years to match the market value of $200 billion. As a result, although it has shrunk by a quarter from the record in 2012, Spring Group is still the leader of China's Internet companies.

$176.9 billion is not the end.

Public opinion believes that there is still a bubble in the market value of $176.9 billion, and there is still room for the stock price of Spring and Autumn Search to decline in the future.

Perhaps, $130 billion or $150 billion is more suitable for spring and autumn searches.

However, how could Wei Dongsheng allow the market value he blew up to continue to decline.

Since it has fallen, it will be blown up again.

On July 4, 2013, Wei Dongsheng threw out a new gimmick.

Following the life service e-commerce platform Praise Network, Spring and Autumn Group announced that it would deepen the integration of online and offline, adding another fire to the booming e-commerce. Unlike Alibaba, Spring Group's entry point is F2C, that is, the factory-to-consumer business model. A simple image metaphor means that users can place orders online with factories or foundries, and users have needs, and the factories remanufacture, maximize the use of limited resources and completely eliminate counterfeit and shoddy products.

F2C is not a new concept.

As early as 2008, F2C broke into the attention of the e-commerce industry following the concepts of B2B, B2C, C2C, and O2O. However, F2C is not as attractive as B2B, B2C, C2C, O2O, etc. The reason is simple, the user's desire to consume is often limited by time, think about the annoyance of hunger marketing, you can understand the negative effect of the snail time from online ordering to factory delivery. In addition, due to the cost of production line adjustment, it is difficult for manufacturers to provide personalized needs for a small number of customers, which indirectly leads to the seemingly free business model suddenly becoming rigid when it is implemented.

B2B has Alibaba, etc., B2C has JD.com, etc., C2C has Taobao, etc., O2O has praise.com, Dianping, etc., who is F2C? The F2C concept has been brewing for so many years, but it has never been able to cultivate a model, and even in 2018, no one has won with the F2C model. Extrapolating the problem backwards from the results, it shows that the infrastructure is not yet perfect, and F2C is still a long way from reality.

However, the failure of other businesses to F2C does not mean that Wei Dongsheng is also powerless against F2C. Thirty years of memory told Wei Dongsheng that the vitality of the F2C business model was enough to live to the second-level civilization shadow empire. The operation of the Shadow Empire's mechanical army and even the daily life of the Shadow Empire's rout rely on the F2C mode logistics supply backed by the Shadow Empire.

At the same time, Wei Dongsheng also needs F2C.

In the past 30 years, there are three giants in China's Internet industry: Tencent, Alibaba, and Baidu, why did Wei Dongsheng crush Baidu and control Tencent, but let Alibaba go? The reason is simple, Alibaba in the early days did not make money.

Compared with the lucrative online games, Alibaba is a high-output business with high investment, which not only cannot provide a steady stream of cash flow in the early days when Wei Dongsheng is most short of money, but also eats up limited online game profits like a bottomless pit. Moreover, whether it is B2B business or C2C business, it is spread to the whole country at the beginning, and businesses must make profits and profits in order to stabilize the overall situation. With this capital, this time, and this energy, wouldn't it be better for Wei Dongsheng to use his smartphone to overtake in corners?

However, at this time and at that time, Wei Dongsheng now needs e-commerce.

Not for the Spring and Autumn Group, nor for Panyang City, but for the Union of Ukrainian Republics, which had just been founded.

The electronic information industry, represented by Zhiyu Group, is a typical technology and capital-intensive industry, and the threshold is so high that many countries cannot play it. The development of the electronic information industry in the Union of Ukrainian Republics, which has zero industrial base, is purely an idea of water in the head - how many people are there in the Union of Ukrainian Republics? No matter how lofty the ideals of the Union of Ukrainian Republics are, it must recognize the reality, honestly make up for the lessons, and start industrialization step by step.

If there is F2C, Wei Dongsheng will be able to indirectly transfer a part of the low-tech market to the Union of Ukrainian Republics, and start the industrialization of the Union of Ukrainian Republics in a market-oriented manner.