Reborn 2005: The Internet Myth

In addition to crowdfunding, Wang Zheng also wants to play P2P.

The P2P mentioned here is not a point-to-point link protocol, but a form of Internet finance.

Wang Zheng has suffered losses on this thing, so he has some understanding of it.

The original intention of this model was good. It created a platform for private funds to help each other.

This model first appeared in Bangladesh in 1979, and the inventor won the Nobel Peace Prize for it.

Later, around 2005, Ying State-owned Enterprise started to engage in this industry.

As for Midland, such a financial platform probably didn’t appear until the end of 2006, because the inventor won the Nobel Peace Prize this year.

After all, the financial platform is not a bank, but a company. Even if it is endorsed by a large company, they can only provide much higher interest rates than banks to attract deposits.

When capitalists have enough funds, it would be a shame for their souls not to play Super Double.

So the platform began to cooperate with investment banks, use credit as endorsement, and increase leverage as high as possible.

The famous certain Bai, at its peak, had a leverage ratio of 120 times... What is the concept? It is to absorb 3 billion funds, and through a series of capital operations, finally reach a scale of 360 billion!

This is equivalent to more than 300 billion in extra money outside the banking system.

If a person spends 1,000 yuan, Golden Ant will only contribute 20 yuan at most, and the rest will be contributed by investors in the capital market.

Does this sound familiar to you? This is exactly the same routine as Midland Real Estate’s subprime loans.

Of course, justice will never be absent.

This kind of capital operation model with no lower limit is not in the interests of the public, which makes it normal for it to be manipulated.

It is also imperative that this model be incorporated into strong supervision.

Wang Zheng definitely cannot build such a financial platform by himself. Anyone with a discerning eye will know at a glance that this thing directly bypasses the banks and the national credit system. Whether it can be done is another question, but the banking system will not spare you.

But it's different with Elizabeth.

This girl's parents are not ordinary people. Her mother is a congressman, and her father is the former vice president of Enron! After Enron went bankrupt, he successively served in important departments such as Midland International's development, trade, and environmental protection.

"Elizabeth, Theanos is indeed great, but it definitely cannot be accomplished by tens of millions of dollars and dozens of people."

Wang Zheng and Elizabeth have one thing in common, they are very convincing.

Elizabeth can fool Kissingo into the company's board of directors in the future, and Wang Zheng can also fool her step by step into Internet finance.

"We should create such a platform so that you and more people with great ideals can have the opportunity to realize their American League dreams."

At this time in the American League, there is no more popular rhetoric than dreaming, benefiting all mankind, and the American Dream.

Elizabeth was thinking.

Wang Zheng stopped talking and looked at the noisy crowd with a glass of wine in his hands, a slight smile on his lips.

This girl is very smart, and most people can't be as good as her. But the smarter the person, the more likely they feel that the crowdfunding model can be successful.

It is so tempting, with financing, ideals, sharing, low risk, and all high-quality concepts.

As for the harm caused by fraud, there is no such word as fraud in the minds of people at Midland—except on April Fool's Day, it is difficult to hear a lie.

So every big scam, such as the Ponzi scheme or the collapse of Enron, Midland people will attribute it to the capitalists.

Wang Zheng felt that Elizabeth was not necessarily thinking of cheating now, but more of a sincere desire to realize her ideal.

Meta is not suitable to do such a thing, let Elizabeth stand in the front, build a reputation, push up valuations, and attract investment.

In the end, Wang Zheng cashed out and left.

Plan pass.

Elizabeth pondered for about ten minutes before looking at Wang Zheng. Following his gaze, she spotted a pair of black and white young ladies in ragged clothes holding each other's waists and twisting their waists to the music.

"Hey, Justin, it's not a gentleman to ignore the beautiful woman in front of you."

Wang Zheng withdrew his gaze and was not timid at all. He spread his hands and said with a smile: "I'm just curious, is this the so-called free American League?"

Elizabeth nodded: "Freedom, human rights, and dreams constitute the current American League. You are right, everyone has the right to realize their dreams, and we should help more people."

"Justin, what should we do?"

Seeing Elizabeth's fighting eyes, Wang Zheng couldn't help but snap his fingers and boasted: "BINGO! I knew you were an angel sent by God!"

"Next, I'm afraid we have to leave the party and find a suitable place to discuss this plan in detail."

Elizabeth readily agreed, and she and Wang Zheng stood up and left.

Catherine appeared out of nowhere. Seeing the two of them preparing to leave, she smiled and said, "Boss, I wish you a pleasant evening." Then she ran away.

When we left the bar, it was ten o'clock in the evening and it was a little chilly.

Elizabeth wore relatively little and couldn't help but hug her arms tightly.

Wang Zheng took off his coat and put it on her, saying thank you in exchange.

The little secretary didn't give him the car keys, so Wang Zheng had to ask: "Is there a coffee shop nearby? We can go have a cup of coffee."

"Come with me, I know a nice place."

Elizabeth walked with Wang Zheng for about 3 minutes and arrived at the door of a hotel named Clement.

Wang Zheng checked into the suite smoothly. When he learned that the restaurant was still open, he ordered a set meal to be delivered to the room.

He didn't eat anything at the party and was a little hungry.

This hotel is very expensive, but the environment is very good. There is an open bath in the house - it is not big, enough for three or four people to take a bath.

To be honest, from the moment he entered the hotel, Wang Zheng was building a mental defense for himself.

But this line of defense collapsed a bit quickly.

To put it bluntly, it's a bit both upright and upright.

But from the moment he got on the plane, he knew he couldn't look at the American League's thinking through Daxia's eyes.

This kind of thing... is too common.

If you reject it outright, it will only make people feel weird or be regarded as gay.

Besides, what Justin did has nothing to do with me, Wang Zheng.

Pa pa pa pa (applause).

Sitting on the sofa in her nightgown, Elizabeth poured two glasses of wine over and sat aside.

The charming Elizabeth smiled and said: "Justin, how about we continue talking about that magical idea?"

"No problem." Wang Zheng took the glass and explained: "I call this idea the crowdfunding model."

"Anyone can publish the products he designs on the website, and tell everyone what the product is and how much it is worth through plans, videos, etc."

“Then you can set five levels of fund-raising returns. For example, if the product is planned to sell for $15, then a donation of $1 can get you a poster or a souvenir or other derivative products, and $10 can get you a product worth $15.

"

"The maximum amount here should be $100. We should let more people participate in the project instead of letting a few people buy more products."

"The platform we build should be responsible for users. We must conduct strict reviews and investigations on products and publishers to ensure that it can be implemented."

"If the crowdfunding is successful, we are also responsible for ensuring that the money is spent in the right place and that the product is shipped on time. If the crowdfunding fails, we are also responsible for returning the funds to users."

Wang Zheng shook the wine glass gently, looked at Elizabeth seriously, and said: "Elizabeth, what do you think?"

"Coooooool!"