Chapter 571: Behave and stand up

During the Internet bubble crisis in 2000, almost all companies related to computer and Internet-related industries suffered.

Not only the stock prices of listed companies have plummeted, but even those companies that have not been listed have also been affected.

After all, the characteristics of Internet companies are there, and if nothing else, funding is a long-standing problem.

And after the Internet bubble burst, most investors no longer pursued the computer Internet industry as they did before, where they could take money out of investors' pockets with a business plan. After that, almost

It's hard to reproduce again.

To put it bluntly, if the Internet bubble had appeared a few years earlier, the number of computer Internet companies in the world would have been reduced by at least two-thirds.

Of course, this is actually a paradox. After all, the premise is that there must be an Internet bubble, but when the Internet bubble occurs, it will inevitably lead to the current situation.

But in any case, the crisis caused by the bursting of the Internet bubble has made a large number of investors sober up.

Can I invest on the computer Internet? Of course I can!

Even if the Internet bubble bursts, the future of the computer Internet is already there.

As an investor, there are basically no fools. Anyone with a little bit of vision can actually see the prospects and future of the computer Internet.

But although you can invest, you must not invest randomly like in the past.

At the same time, Chen Li will also invest a large amount of funds into the stock markets of many companies such as Apple and Amazon.

The farming of agricultural products is similar. It is still in the stage of spending money. Even if the prospects seem to be good, it is actually very difficult to achieve results in a short period of time.

Yes ~ OICQ, which has now been renamed QQ, after being acquired by Chen Li, Chen Li immediately promoted Lao Zhang to temporarily serve as the general manager of the company.

With Mu Xiaoqing's professional ability and Chen Li, a cheating player, even just two people can make a difference in the capital market.

As for the Internet, it's even more of a mess.

This process requires not only funds, time, but also the efforts of relevant staff, etc.

And immediately, Chen Li announced that he would give up the previous commercial operation, promised that QQ would be permanently free for users, and refunded some previous paid users.

The reason is simple. Although Chen Li is a reborn person, he has in his mind the entrepreneurial cases of many successful people in the next twenty years.

This sounds funny, but it is indeed the case, because in the past few years, investment in the computer Internet industry is indeed not a normal investment behavior.

As a result, the number of registered users of QQ and the number of people online suddenly skyrocketed.

It can’t be said that it’s just anything, as long as it has something to do with computers and the Internet, investors can pay for it.

And phenomena like Penguin Network can be said to be everywhere at the current stage.

It was clear that the ideal fried chicken side was not completely straightened out, so he went to open Shennong Beer. Not to mention that the beer side was in a mess, he also asked Ren Xiaobo to engage in agricultural product farming.

Needless to say, Ideal Fried Chicken. In fact, until now, the only industry that Chen Li has really cared about is Ideal Fried Chicken.

Those who could be given 10 million in the past are now given five million or even less.

As a result, several domestic Internet companies that had just gone public suffered.

This also led to the fact that Chen Li did not have a deep understanding of the Internet industry in 2000.

On the surface, Chen Li's plate seems to be getting bigger and bigger, but in fact many of these industries are just getting started.

After struggling, he wondered whether he should let QQ go down the gaming path.

Therefore, Chen Li really doesn’t know who to vote for.

Therefore, Chen Li can completely short these companies first, and then when these companies fall to a certain stage, he can directly buy the bottom.

In particular, these industries were all created by Chen Li in just two years. In such a short period of time, Chen Li spanned several industries. It is not an exaggeration to say that it was a mess.

But today's OICQ has some differences from its previous life due to a series of previous violent operations.

Of course, according to Chen Li before, he did not feel this way.

This kind of thing could be done in the past, because those investors knew very well that even if those companies were not bullshit, because they were called computer Internet, someone would pay for it.

The most direct change is that OICQ has more competitors.

However, even though Chen Li redeemed QQ Mall and QQ Games, these two functions were not actually launched at the beginning.

Needless to say, in the beer industry, Deng Weimin has tried his best to get the brewery out of losses.

This made Chen Li dumbfounded, because OICQ had copied foreign ICQ before, but now there is another OCQ in China, which directly copied OICQ.

Now that the bubble has been burst, everyone knows that stinky shit is stinky shit, so naturally not so many fools will take over.

Of course, this is just a way for Chen Li to deal with excess funds. The main reason is that the properties under his name simply cannot spend that much money.

But it is a pity that Chen Li was not a professional in the Internet industry in his previous life, and his knowledge and understanding of the Internet was limited to some short videos revealing secrets or popular science.

After all, the stock prices of some companies may even increase hundreds or thousands of times in the next ten or twenty years.

So now they need to be more cautious.

Don't tell me~ Chen Li really thought this way when he didn't have the money at the beginning.

Yes~ After Chen Li acquired QQ, he immediately redeemed the corresponding Q coin mechanism from the system.

Of course Chen Li knew about companies like Jiulang~Netnan~Sohu and other companies. There should have been Ahri and Tengxun, but now Ahri is gone and Tengxun has become Chen Li's personal property.

But Chen Li simply doesn't have the patience to wait, and those paying users can't wait either.

But at this time, Chen Li was a little confused, because he suddenly felt conflicted.

Because Chen Li remembered very clearly that after the stocks of these companies were listed, almost every stock fell to about one dollar due to the impact of the Internet bubble crisis.

Whether it is beer or agricultural product farming, etc., Chen Li will leave it to others to take care of.

To be honest, putting money in these companies is even more cost-effective than direct investment.

It takes a long time for an enterprise to go from creation to development to expansion and so on.

Over at hao123, a new project has been launched this year. Song Xiaolan is leading people to conduct research and R&D. The Dianping.com that Chen Li mentioned to her before has now taken shape.

It's just that they need to adjust their investment strategy, from the past "casting a wide net" to normal investment.

The reason why it was not launched online is because after OICQ was commercialized, several instant messaging and chat software appeared on the market.

In fact, this thing is not complicated. Even if Lao Zhang and others are asked to develop it, it actually won't take long.

That's right~ Because QQ went down a wrong path before, Chen Li had to choose to spend money to buy time. After using the mall currency to clear the way, he exchanged QQ Mall and QQ Game Hall directly from the system.

As for Mu Xiaoqing's capital market, that is mainly because of the characteristics of this industry.

But when Chen Li had the money, he discovered a very real problem. There was too much money and he really couldn't spend it.

And this time is exactly the best time for a reborn person like Chen Li to take action.

If you simply invest for twenty years, you probably won't be able to get that much return.

The second plan is to compensate paying users with the same amount of Q coins.

This is what happened with OCQ. Before Chen Li even sent a lawyer's letter to the other party, OCQ had to announce commercialization in advance due to financial pressure, and then nothing happened.

In Chen Li's opinion at that time, there was only enough money to spend, so where could there be funds that could not be spent?

Otherwise, Xiao Ma would definitely not want to see Chen Li become the largest shareholder of Penguin.com.

Originally, the reason why those users gave up on OICQ was because OICQ announced charges. But now that OCQ has also come out, users will naturally not pay the bill.

Before OICQ was settled, Chen Li suddenly took a leap into the financial field.

Just like Xiao Ma's Penguin website, it was for this reason that they had to find Chen Li.

So, despite Chen Li's huge financial situation, the only things that can actually bring benefits to Chen Li are the ideal fried chicken led by Su Mei and the capital market on Mu Xiaoqing's side.

Of course, Chen Li can also continue to start new projects. In that case, not to mention hundreds of millions of dollars, even billions or tens of billions of dollars will not be enough for Chen Lihua.

There is an old saying that goes like this: one step at a time!

Only in this way can we continue to move forward in a down-to-earth manner.

The first one can be used to open QQ's new membership service, the second one can be used to purchase virtual items in QQ's upcoming QQ Mall, and the third one can be used to purchase the upcoming QQ game service.

At the end of this month, QQ will launch the QQ Mall service, and this step will also announce the official opening of QQ's path to profitability.

What the hell is going on?

However, fortunately, during this period, the Internet bubble burst, and a large number of Internet companies suffered a shrinking business or were even on the verge of bankruptcy due to the impact.

But how to say it?

Now that the bubble has burst, for them, it is just turning the madness of the past into normal. How much loss can they have?

The consequence of this is that various investment institutions have reduced their investment scale in the Internet industry.

First of all, Chen Li announced that these paying users will be provided with QQ membership services for the same period of time.

The first is to use the phone bill model to compensate paying users, with ten yuan per month as the standard, and corresponding phone bills paid monthly.

Secondly, Chen Li gave two compensation plans for the payments made by these few paying users.

Although Chen Li recently invested a sum of money into Deng Weimin, it can be seen from the current development strategy of Beer that it is almost impossible to develop in a short period of time.

Then the agricultural product farming side had just started to improve, and Chen Li suddenly acquired another OICQ.

At the same time, QQ announced that it would soon launch the QQ Game Hall, which is mainly aimed at some small online chess and card games.

Yes~ In fact, it's not that these investors don't know that they have invested in some stinky shit before, but they know very well~ Even if it is stinky shit, as long as someone takes over, there will be profits to be made.

But in other industries, it seems a bit reluctant.

The newly obtained Q coins have three functions.

There is only Ideal Fried Chicken. No matter whether Chen Li opened the store by himself at the beginning or now that Chen Li has become the hands-off shopkeeper, Chen Li still continues to pay attention to Ideal Fried Chicken.

Taking Chen Li's current development as an example, he actually regrets that he opened several maps randomly before.

He seems to think that many things have been achieved smoothly, but this kind of investment across multiple industries is actually not something that Chen Li can handle now.

Among them is a software called OCQ, which even directly plagiarizes the interface and operation methods of OICQ.

Although QQ had taken some detours before, with Chen Li's ability, not only did it not waste time, it even saved a lot of time.

Therefore, rather than investing in industries and companies that Chen Li was unfamiliar with, Chen Li simply set his sights on the distant shore of the ocean.

It was at this time that OICQ, which had been renamed QQ, announced its promise to be permanently free after being acquired by Chen Li, so a large number of users began to return to QQ.

But Chen Li was just an ordinary person in his previous life. Note that the key point here is not only the ordinary person, but also the "one"!

Yes ~ Chen Li is just a person, an ordinary person.

There is no way~ Although in 2000, there were many domestic Internet companies, but to be honest, there were not many companies that could survive twenty years or even have enough popularity and scale.

The OICQ side was even more ridiculous. Through Xu Xing's negotiation, Chen Li finally bought the entire OICQ for 12 million Huaxia coins.

For this reason, Chen Li spent a lot of mall currency, which can be said to have made Chen Li feel distressed for a long time.

Most of the companies that Chen Li can remember were not even born in 2000!

In other words, even though some companies were born, Chen Li didn't remember them.

Yes, you just need to be more cautious. After all, for these capitals, even if the Internet bubble bursts, the damage to them will not be as great as imagined.

As I said before, Chen Li has never wanted to take the gaming path. It’s not that he doesn’t want to make the money, but he knows that taking this path will cause great harm to his reputation.

Just look at Mr. Chen from Shengda, and you will know that this guy will almost all be sprayed in the next few years.

However, the huge profits in the gaming industry make Chen Li not want to enter this industry, but he also feels it is a pity.

To put it bluntly~ Chen Li wants to be a bitch to make money, but he also wants to build an archway.

This is very difficult!

(End of chapter)

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