Chu Yuanxi obviously would not let others catch the knife on his behalf. After writing this, he changed his subject and said that the money was not caused by the strong wind or the air coins, but by you using the idle computing power of your mobile phone. You did not take advantage of the well-off society, so don’t panic, you should take it with peace of mind. The important thing is to make comparisons. What you need to take is more peace of mind than making money by walking and drinking water, and it makes more money than they earn.

This was posted on Xiaokang's official Weibo account. You're quite polite. Chu Yuanxi logged into his personal account below and responded to netizens' questions. Xiaokang just wanted to break the rice bowls earned by these scramblers online [Dog Head] [Dog Head] [Dog Head] [Dog Head]

In his circle of friends, he is much more literary and artistic - those who cannot beat you make you stronger, thanks for reporting.

But he deliberately ignored the process of using health coins to buy resources and investing them in the map in the city treasure. It is not that he does not want to do this publicity, but that he is not in a hurry to do this matter. According to the experience in the original world, it is best to evolve naturally, rather than to encourage growth.

Therefore, the launch of the trading market function must be postponed. Otherwise, players can use ￥ to sweep market resources through over-the-counter trading, and then monopolize the construction nodes in a certain area on the map.

Health coins can be exchanged for cash, but Xiaokang system does not sell health coins, and can only find users to buy and sell privately. This is like returning to the era of web games and over-the-counter transactions are extremely common and there is no difficulty at all. However, this kind of investment can achieve the effect of Davis double-clicking later, which is only extremely unfavorable for companies.

The trading market is one of the contents to be launched next. When users invest in nodes in urban treasures, they can choose types, some of which are production-oriented, and can produce resources, or even scarce resources, and resources that the system does not sell, so the trading market needs to be interoperable.

Therefore, not only can’t be promoted now, but Xiaokang’s operating personnel also have to monitor possible abnormal movements, try to avoid monopoly, and strive to let users discover value by themselves. The more people involved, the better.

Through this conflict, Chu Yuanxi finally felt that he was still a little passive, because the schedule was adjusted again, and he followed the market trend and began to emphasize mobile payment in advance. Originally, his plan was to build a plank road and cross Chencang secretly, and promote mobile payment with great fanfare while silently spreading social interaction. In this way, payment may be sniped, but social interaction is more valuable. Of course, mobile payment should also be promoted, but its importance is less than social interaction. It can be tolerated that social interaction is rich first and then brings mobile payment later.

As a result, after arguing on Weibo, Chu Yuanxi suddenly realized that if he continued to follow the current method, he had to start fighting the tough battle of mobile payment.

If you fight a tough battle, your technical preparation and funding are good, but Chu Yuanxi is not so confident. Although the city treasure is very smooth tone, it is well matched in all aspects, and the bad parts can be adjusted well.

But no matter how powerful the function is, is it powerful to directly spend money? Probably not?

Chu Yuan Xiyuan World has never done mobile payment. The embarrassing thing is that he does not know that his plan is perfect in theory and will be poured cold water by users in reality. This is the most uneasy place. Unlike other strategies, the original world has been made and has a clear idea. Even if he finds something abnormal, he still has enough experience to know how to solve it.

Mobile payment can only design a good framework and then take one step at a time. This is also the reason why he put the importance of mobile payment under social networking. In fact, in terms of value, both of them are very high.

Therefore, Chu Yuanxi had to spend time re-examining the entire mobile payment industry.

UnionPay Cloud Flash Payment is a representative of direct spending money, including China Construction Bank. Its spending money is extremely powerful and all the cheaper ones are taken away by users, but the results are almost invisible.

In other words, users do not use mobile payments other than WeChat and Alipay because they hate it. There is no reason why Yunshang Pay has such sincere wool, but it is just not used to it.

From the perspective of specific methods, whether Alipay or WeChat, it can become a regular option for users' mobile payment. First, it depends on the popularity rate, that is, there are many app users, which are easy for merchants to accept. Second, it depends on the balance of users in their mobile wallet. Only when there is a balance will users think about spending and associate bank cards. After spending and having them, they will form a cycle, and then they will develop the habit.

That's why Jack was so moved that WeChat's Spring Festival red envelope was a sneak attack on Pearl Harbor. Without this red envelope activity, even if WeChat does mobile payment, it would not be so easy to compete with Alipay at the Nash equilibrium point. Users know that you have developed this function, but they are not used to using it.

From an operational perspective, this set of red envelope combos allowed WeChat to grab a precious time to promote payment codes on the merchant side.

Mobile payment has always been possible only when the user and the merchant side cooperate. If there was no such stage where users had a large amount of balance in their WeChat wallets, even if the social overlord WeChat did payment, it might not be possible to open the store when the merchant side was long overwhelmed by Alipay. Merchants would use whatever they benefited them.

This is where the mobile payment cable is in the river. Unless an epic ground promotion is carried out nationwide, all merchants will chew and send payment codes one by one, they must mobilize the enthusiasm of merchants, so that they can take the initiative to put up the code, and let their scanners follow up the data under their own QR code when decoding. Without this initiative, they still cannot be pushed.

The reason why UnionPay Cloud Flash Payment is not used to by users is that it does not have wallet function, or it does not pay costs to allow users to have their own wallet balance. Unfortunately, it is impossible to simply give concessions to users and cannot correct users' habits at all, because the user's money is in the wallet balances of WeChat and Alipay. Why use Cloud Flash Payment to spend money in the bank card?

Huangtuan doesn’t want to pay this cost, but Huangtuan is more pleasing to do mobile payment and is more easily accepted by users, that is, learn Huabei to do overdraft.

Huabei’s overdraft is not overdrafting its credit card, but overdrafting its own mobile wallet to form a good user experience. Huang Tuan understood the essence of it, so he took medicine according to the prescription, and achieved certain results with his strong platform capabilities and user scale.

This is a very good thing for the market, otherwise Huabei would not have evolved products such as Baobei Youth to continue to improve user experience. WeChat seems to be on par with Alipay in terms of mobile payment penetration, but in fact, it has always been far behind Alipay in terms of product strength.

But this is not the way Xiaokang dares to take. Chu Yuanxi is very cowardly. He knows that Xiaokang is worth it. Huangtuan can overdraw users because Huangtuan has accumulated a large amount of valuable user data for so many years, which can form user history. On this basis, risk control is done and risk control is controllable.

Xiaokang dared to imitate others? He was immediately taught to be a human being by the wool party.

This is the value of the foundation. The foundation of the Yellow Tuan is far higher than that of Xiaokang, so if you can adopt this more efficient method, Xiaokang, as a new player, must be down-to-earth.

If Chu Yuanxi foolishly saw that Huang Tuan did a good job and copied homework, he would soon understand what "choice is greater than effort". Making such decisions is the value of CEO.

In fact, Chu Yuanxi can give himself many praises recently, such as the B round of financing was done resolutely and timely, eliminating all obstacles, not waiting for a day, throwing away all unresolute investors, and collecting the money that can be collected as quickly as possible.

The reason I like to like is that for entrepreneurs recently, time is not a friend. Translated into human words, it is becoming increasingly difficult to fool money from investors. At that time, some investors might think that Chu Yuanxi was stupid, and that he could extend the financing cycle a little bit, and he might be able to charge a little more money.

But it is not like this now. Some of Xiaokang's small and medium-sized investors are already in anxiety, especially those who have just entered the B round. It is not that Xiaokang did not do well, but in fact, the market performance is better than expected. Xiaokang's new achievements are coming online one after another. However, no one does not pay, and the money in the account is spreading out, which makes them frightened.

This was when Chu Yuanxi restrained the situation of scattering coins and pulling new things.

So some investors inadvertently revealed that if Chu Yuanxi had urged him a little slower at that time, for example, if he had completed the B round of financing process in one and a half months, they might have been conservative.

In this regard, Xiaokang expressed full understanding and sympathy.

In fact, Chu Yuanxi was afraid of seeing this tone. He was afraid that he would not get the 1 billion yuan of other investors. Is that 1 billion important? What is not important is that he does not understand Chu Yuanxi's mood. He definitely does not want to conduct a round of 4 billion financing that Baren Group invested exclusively.

But if there was no quick decision at that time, there was a risk of being a solo investor. It would not be that it was not that it was not that it was not good-looking, but that it was difficult to explain to Zhu Chi, Uncle Sheng and others - the other 1 billion investment played a role in endorsement. You see, there are so many professional investors who recognize the valuation of Xiaokang and follow up with 1 billion yuan, which is a lot. If it were someone else, it would be able to raise so much.

This means that Xiaokang is indeed worth this price, rather than the price of Xiaokang when I touched my mouth. In this case, there is no big problem with the person who led the investment of 3 billion yuan. No matter how much money it is, the price is reasonable.

Although Chu Yuanxi can operate in terms of love and legal principles, it is not perfect, and the rise of well-off society is not perfect.

Perfection seems to be a spiritual pursuit, but Chu Yuanxi is pretentious, but it is not, it is for the sake of the future. Neither Baren nor Xiaokang should be a company with only a few years of life. It must live for at least thirty years and not make any mistakes when Chu Yuanxi retires. However, how many companies are because they are not particular about the initial stage. Some seemingly legal and feasible operations have laid hidden dangers for the future. When it breaks out in more than ten or twenty years, it is not too late to turn over old accounts.

For example, the famous canned beverage company in the State Dynasty, Mulu, as a national brand, has a deep roots and originally had the opportunity to win the Central Plains. However, in recent years, due to a brand use memorandum in the early years, it has fought a protracted brand lawsuit with Shantou. On the one hand, it has been losing the lawsuit and with the decline in performance, while taking the founder and chairman of the company to court and claiming more than 100 million yuan.

However, the original memorandum was signed completely reasonable, legal and reasonable. It was a division agreement signed by the group in the last century after it went public to solve historical problems and divest non-performing assets. At the beginning of the century, it not only prevented the Shantou side from dragging down the performance of listed companies, but also avoided the Shantou side from changing from a subsidiary to an independent legal entity. The degree is similar to that of Chu Yuanxi, Yang Jiangang.

But it was this memorandum that seemed to be fine at the time that made the company and the founder go to court after 19 years. This lesson with a strong sense of history is happening this year, and it is impossible for later generations to learn from it.

Therefore, pursuing perfection in transactions is not pretentious, but for consideration twenty years later.

In fact, in this industry, not to mention entrepreneurs who do PE/VC financing, even those companies that want to get the secondary market money are starting to complain.

You should know that during New Year's Day, participants in the secondary market were extremely excited. Many traders in the United States were preparing to celebrate the Dow Jones surged to 30,000 points. Giants such as Goldman Sachs and Morgan Stanley were recruiting in the offices of the State Council, claiming that applying for investment banks in 2020 was the easiest year to join. Everyone was ready to participate in the harvest.

Especially Nasdaq, because this year is the year of selection, there are a large number of startups preparing to go public before the election, so the IPO market is expected to perform continuously in the first three quarters. The world's top super unicorns like Airbnb have also delayed the pace of IPO. They were originally able to go public in 2019, but they were judged to be better in 2020.

Needless to say, investors visited the black swan farm collectively, and I don’t know which corner a fatter black swan would suddenly pop out from them and fly to their heads to shit.

The Xiangjiang Exchange is not much better, and the number of ipo fell by 90% year-on-year. In this case, only my major A-shares are the mainstay, and ipo is one after another, which is envious of American startups.

At present, almost all companies' financing plans have been disrupted. This is a Davis double kill for startups. Not only has financing become difficult, but it also emphasizes exciting methods like in the past. Stocks, options and the valuation prospects of companies are difficult to say. Not only are investors staring at the cash flow of companies, but even talented people are the same.

Of course, this refers to real talents. At this time, the employment market is polarized. If it is not unique and irreplaceable, it is good to find a job and can burn incense to restore it. As for options, companies are too lazy to talk about it.

So whether it is Baren or Xiaokang, employees basically have endless energy, because there is no disguised salary reduction or strategic layoffs, which only reduces the intensity of recruitment.

A common phenomenon during this period is that many national and Korean companies planning to list on Nasdaq withdrew their applications. The external statements are generally that SEC has strengthened the review of information disclosure, internal control, and corporate governance of Chinese stocks. Some of them turn to Xiangjiang. What is interesting is why people are timid immediately after increasing the review efforts?

In fact, anyone with a discerning eye knows that the actual reason is the Little Blue Cup. It is difficult for American funds to believe that a Guochao startup that plans to go public is outstanding and has a very low possibility of fraud. Instead, they believe that the purpose of the company that looks incredibly good is to burn investors' money.

This is not Chu Yuanxi's praise, but those who expressed doubts and opposition to his decision to refuse to consider going to Nasdaq. At this time, Xiaokang can be covered by the above two description methods. If you plan to go to Nasdaq, all the previous plans will be in vain.

Faced with such a situation, he couldn't help but imagine that if he had not traveled through time, the well-off society in the original world would have compromised. He decided to go to Nasdaq in the spring of 2018 and would definitely be able to go to Nasdaq, but his life is probably not going to be easy now, and he might seek privatization and delisting.

2020 is unlikely to become a big year for investment banks, but it is highly likely to become a big year for privatization. For powerful companies, especially those with the ability to travel through bulls and bears, if the stock price is undervalued, it will not only affect financing, but also not be able to incentivize employees. It is better to delist. Moreover, maintaining the status of a listed company requires a series of fees and more stringent letter approvals.

Chu Yuanxi is just thinking about it, and some people may have to start thinking about it, such as Sun Dasheng. Since the huge loss of 12.5 billion yuan broke out, SoftBank has come to the forefront, most of which came from Vision Fund. Sun Dasheng’s previous vision was to bet on the cutting-edge of artificial intelligence, robots, telecommunications, Internet of Things, etc., but eventually invested in wework, opendoor, cpass and oto.

Do you think this is enough? No, Sun Dasheng also invested in Ziru. Originally Ziru's ipo has been put on the agenda, but now it seems to be far away, especially when Eggshell and Qingke, which are also the head of long-term rental apartments, fell sharply at the same time.

Chu Yuanxi is now hoping that Sun Dasheng will quickly draw a clear line with 724. You must know that learning to do mobile payments in Xiaokang has costs. Even his own investors can't withstand this cost. Can Sun Dasheng still withstand this situation? I don't know when 724 sees Xiaokang launching city treasures one after another, whether Ai Group Leader and Map Advertising will follow or not?

Of course, during this period, the investment circles were not all shrinking. They were very generous to the two fields of cloud and online education. For example, Yuanfudao did not intend to raise funds, but the investors were very enthusiastic and kept stuffing money in. In the end, they had to raise 1 billion. Note that, yes.

However, after investing, these investors found that Yuanfudao's real opponent may not be an online school like Xueersi, but a headline department, which is Zhang Ming.

If Zhang Ming wants to say that there is a skill that no one dares to compare in China, it is poaching. Once, when Zhang Ming wanted to acquire Baren Games' mini-game business was rejected, Chu Yuanxi was particularly afraid that he would come to poach Zhao Jie. If Zhang Ming really took action, it would be the time to test Zhao Jie's san value.

Therefore, when Zhang Ming positioned the domestic strategic goal of 2020 as online education, the entire track suddenly became silent. The Toutiao did not have an educational gene, so what should I do? Of course, I took out the Luoyang shovel heirloom! Friends never expected that the gravedigger who came out in the end was Zhang Ming.

Including Youdao, many online education players have to face sudden reductions. In response, Zhang Ming said: I am not anxious. Education companies have invested in advertisements on Toutiao, which helped our Toutiao system gain a deep understanding of the educational data level.

This allows you to imagine the expressions of those investors when they heard that Zhang Ming was going to build an education kingdom and launched the Guagualong brand education products one after another.

Similarly, the cloud track is now calling for the wind and rain to become a soldier. The so-called cloud computing stock UKIPO has since seen its market value exceed 50 billion. Recently, Qingyun is also sprinting for IPO, and it is estimated that it will compete for the title of the first stock. UKIPO's business is actually relatively old, and Qingyun is more like a truly cloud computing service provider, rather than a data center provider.

The reason I thought of the cloud track is that if Xiaokang takes out the block cloud line separately to establish a company and provides it with Xiaokang's parent company as a saas service, it can actually be listed.

Therefore, it is worth comparing with companies that have been listed or are planning to go public. However, Chu Yuanxi looked through the financial report and felt relieved. The former is a company with an annual profit of 20 million yuan, while the latter is still losing money. Judging from the revenue of only 300 million yuan a year, what is the point?

This is not arrogance, but the complete operational logic of Xiaokang determines that it will either sneak into the cloud and become a national-level enterprise with hundreds of millions of dollars, or fail to die due to cash flow and cannot achieve a positive cycle. There will be no third possibility.

There is no need to compare the latter, and there is no need to compare the former.

In fact, the process of this well-off entrepreneurial process, only looking at the cloud is definitely far better than in the original world, because although the original world has invested in research and development and testing of blockchain, the data has never been officially launched. It is not that it cannot be uploaded, but that it has not had time to upload.

Moreover, Xiaokang in the original world did not deploy its own data center at all because it was unnecessary. The original world had not yet entered 5g by 2018, and was at the end of 4g, and it was not technically based on blockchain. Therefore, collecting users' idle computing power is not efficient, and it is mostly effective to use Xiaokang online content.

In this state, let alone making money, it would be good to be able to break even. If the price of the unit of computing power is too little, there would be no motivation. You have to subsidize some funds. Otherwise, why is the well-off society in the original world extremely hungry for funds? Only with abundant cash flow can you wait until 5g is launched, and you can improve technology and improve efficiency.

In fact, it has not been fully effective now. What really works is that after the popularity of 5g, a large number of enterprises need to go to the cloud, and the demand for cloud resources has increased sharply. At that time, Xiaokang collected computing power and reselled it to the demand to be efficient. Now it can only be used for its own use.

Therefore, Xiaokang in the original world is more like a normal enterprise-level cloud user than a cloud player. What he needs to do is to purchase resources from cloud service providers like other cloud users, rather than build wheels by himself.
Chapter completed!