Many people are secretly alert that the crisis of online concept stocks is not accidental.

The issue break of the issue of the Skynet is enough to illustrate the problem. Wall Street investors have lost interest in the SP business, and these are the performance support of several major portals, and transformation is imperative.

July 12th, the last day of the semester.

At noon, Chen Qiaoshan invited Liu Chang and Wang Sifeng, and Yan Xiaoqin had four people. He didn't go anywhere else and was in the campus cafeteria of Peking University.

"It's strange, why do you think of treating us to the cafeteria today?" Liu Chang was very familiar with Combos. The chicken leg rice here is very famous throughout Peking University. She used to come with Wang Sifeng a lot, but this is the first time she has been back since she joined Chen Qiaoshan's entrepreneurial team.

Chen Qiaoshan smiled and said, "It's already great to have a free lunch, don't be picky."

"Look, it looks like a capitalist." Liu Chang was quite disdainful. Seeing Yan Xiaoqin hiding aside to watch the fun, he pulled her over and asked, "Xiaoqin, am I right?"

Yan Xiaoqinliang pulled the meal card in his hand and smiled and said, "I don't know where to throw his meal card. Today I'll treat you."

Liu Chang couldn't help but complain: "No wonder people say that the richer they are, the more stingy they are. I think you two are in the same group."

When he returned to campus, Liu Chang was much more relaxed, but he was happy to chat with Yan Xiaoqin.

Neither Chen Qiaoshan nor Wang Sifeng were involved, and the dilemma of the forum was obvious. This was a question that no one could avoid. Both of them were thinking about this, but the issues they considered were completely different.

"It's a bit strange today. Why isn't anyone queuing up?" Liu Chang looked around. Combos' chicken leg rice was very popular. Usually, when he came over, the team could wind to other windows.

Yan Xiaoqin said: "This morning is the last exam, and many people have left school."

Wang Sifeng was a little surprised. He glanced around and found that there were indeed not many people in the canteen. Only then did he realize that it had not been here for half a year.

Liu Chang laughed and said, "Time flies so fast. I remember we met at this window."

"Yes, when we meet again, we meet you complaining about Brother Wang. I also sympathize with your old Wang. I am afraid that you will kick him on the spot and look for the one with a house and a car. Then I just gave you two chicken legs. How about it, am I so good?"

Chen Qiaoshan's joke made everyone laugh, but after laughing, Liu Chang and Wang Sifeng felt a little sad.

Half a year ago, Wang Sifeng was still doing scientific research in the information security laboratory, and the project was half dead. He filled in the little money he saved from taking private work in his early years. The prospects were confused. Now, thinking about it really feels like a different world.

Wang Sifeng couldn't help but look at Chen Qiaoshan up and down. He had a T-shirt with jeans and a pair of sports shoes. He was wearing very ordinary clothes. It was normal on campus. But who would have thought that this was a successful entrepreneur and one of the few successful people in Zhongguancun.

"Is it a problem to ask us to come today?" Wang Sifeng finally asked.

At this moment, there were wolves in front of the forum and tigers behind it, which was considered to be at the edge of the cliff. Of course, the forum itself did nothing wrong, but just forced the competitors to do so.

Neither Chen Qiaoshan nor Wang Sifeng took the cat seriously.

Everyone in the industry knows that Maopu can only rely on two servers to maintain it, and the threat is limited, but after being acquired, the situation reversed.

The cat rushed into Chen Yizhou's territory, it was not the cat's pounce it before.

Sohu used stocks and cash to acquire ChinaRen. Sohu's stock price fluctuated greatly in the past two years. At the beginning, it was only one or two dollars, with the highest amount of $40. No one knew how much money Chen Yizhou made. There was only one point. Since the beginning of the year, he has been acquiring, Maopu, uume, Donews...

Such a big acquisition must have made a lot of money at the beginning.

As for Sina and Sohu, Wang Sifeng is having a headache when he thinks about it. Once the Tianya community has a portal to divert traffic, Qingshan Forum may only become a second-rate.

The forum used to be a niche market. With Chen Qiaoshan's support, he naturally had the confidence to grow bigger, but suddenly two people came in to disrupt the situation, which was a bit of a loss.

Chen Qiaoshan was a little excited, "There is nothing else, I just want to invite everyone to have a breakup meal."

Everyone was stunned. There was no New Year or Festival, where did this parting start?

"You're fine, you're just one summer vacation, what's the breakup?" Liu Chang looked disgusted, "Besides, why don't you look for classmates, why are you calling me and Lao Wang?"

It happened to be their turn, and Chen Qiaoshan didn't have time to answer, and said directly, "It's time for us, don't be polite, just order as much as you eat, it's mine."

After a pause, he said to the chef who was making the meal: "Master, add two more chicken legs to me!"

Standing in front of the window, Chen Qiaoshan was honest and unceremonious, which made several nearby students look at each other. This person is not sick, right? As a wealthy person, go to a restaurant outside and go to school to show off.

Yan Xiaoqin had become accustomed to it, so she really bought a chicken leg rice with three chicken legs for Chen Qiaoshan.

The people around him shook their heads, God is blind. Such a good girl, why do you fall in love with such a foodie?

Liu Chang was always straightforward and couldn't help but spit, "Dashan, you are also a boss. At least you can't pay attention to your image?"

Chen Qiaoshan smiled and said, "I am just a promising young man who is working hard. What else should I pay attention to?"

Liu Chang had no choice but to meet such a good person, she couldn't do anything to him.

As the holiday approached, the canteen was empty, and a few people found a corner to sit down, but they were not worried about being disturbed.

Chen Qiaoshan didn't attend classes seriously this semester. Liu Chang asked: "How about it, is there no problem with the final exam?"

"It's done, I'm a little sure."

"Yes, you skip classes all day long, and you're so busy these days. Are you sure you can't do that?"

Yan Xiaoqin exposed: "He is confident that he won't get the scholarship."

Liu Chang lost his temper, and she also knew that the two started with the first-class scholarship for freshmen from Peking University.

It took just one year to go from 30,000 to 10 million, and Liu Chang could only admire him secretly, "Tell me, what are you going to do today?"

The chicken leg rice is worthy of being the signature of Combos. It tastes really good. When Chen Qiaoshan heard the question, he couldn't help but stop the chopsticks. Today it was indeed a breakup.

"I'm going to spin off the Qingshan Forum."

All of them, including Yan Xiaoqin, were stunned. They didn't understand what Chen Qiaoshan meant.

Wang Sifeng had always been worried about the forum. After hearing what Chen Qiaoshan said, he hurriedly asked: "How to split it up? What will you do after it is demolished?"

Yan Xiaoqin and Liu Chang were both surprised. They were the first time they heard this news.

"I'm going to make a mess alone."

"What then?" Wang Sifeng asked.

"Find a way to sell Qingshan Forum."

As soon as this statement was said, the few people here suddenly became uneasy. They saw the hard work that Chen Qiaoshan spent to build a forum. They were building momentum for the forum a few days ago, and they were planning to sell it today. This turning point was too big.

Wang Sifeng was a little disappointed, but he was not surprised. Faced with the threat of capital tycoons and portal platforms, he had no background or funds, so he could do very little.

There is no way to keep up with the pace of expansion of Maopu and Tianya, there is only one way to raise funds, which is also the basis for the Internet's money burning.

But in this situation, it is basically a luxury to raise funds.

Wang Sifeng hesitated for a moment, "Who do you want to sell to?"

"Sina, or Sohu, it's not clear yet." Several people were stakeholders, and Chen Qiaoshan did not hide it and told the plan.

Stabilizing stock prices requires new performance highlights, which is also the fundamental purpose of Sina and Sohu's eagerness to acquire Tianya.

It is no secret that the role of the portal is declining, and countless evidence can support this view.

All the three major portals are expanding businesses other than the portal functions. NetEase makes games, Sohu makes searches, and Sina makes instant messaging. Faced with falling stock prices, they need new performance support.

The forum is still an undeveloped market, and Sohu and Sina are both betting that the forum will be the next trend.

Liu Chang asked: "The acquisition target of Sina and Sohu is Tianya. Will you buy it if you want to sell it?"

"Aren't there two buyers? Our forum is not bad, and you can always sell it if you want to sell it." Chen Qiaoshan was not very worried. He knew that Tianya finally rejected the offer from the two companies, and there was still a lot of room for operation here.

Wang Sifeng finally understood the meaning of the breakup. If the forum is sold smoothly, according to industry practice, he will need to work in his new owner for three years. Not only him, but also the entire founder team. Even if he resigns in the middle, he will still need to sign a no-compete clause.

Thinking of this, he subconsciously glanced at Yan Xiaoqin.
Chapter completed!