Reborn A Trillion-Dollar Real Estate Tycoon, Boss Yang Called Dad

The Internet is expensive!

Shen Fei is very clear about this matter.

and.

In fact, he also understands that under the influence of the power law, Internet companies burning money has become a consensus around the world.

The so-called power law simply means winner takes all!

The money earned by the first place is much more than the money earned by the second place to the last place combined. The money earned by the second place is much more than the money earned by the first place to the last ten people combined.

This law actually existed in the traditional economic era. It is what Jack Welch, the former president of General Electric, called the "law of number one and number two." But the Internet amplifies the power law several times.

Because the traditional economy has regional divisions, but the Internet has broken down regional divisions.

For example, A can cook lamb skewers very well in Yanjing, B can grill lamb skewers well in Shancheng, and C can grill lamb skewers well in Guangshi, because it is basically impossible for customers to eat lamb skewers. I specially take a plane from eastern Guangdong to Yanjing or to a mountain city.

So there are many opportunities for kebabs. In every city, every county, or even every town, you can open a small shop or stall to sell kebabs.

But the Internet does not have such regional restrictions. For example, there are many and cheap things on Taobao. You say you want to build a store in Yanjing called "Baotao" or "390" that is the same as Taobao, or you can build a store in a mountain city called "Taobao". Rice", or something similar in Shenghai called "picking up treasures", customers have no reason to come to you to buy things.

In each vertical segment of the Internet, there are basically only one or two opportunities. From the third place onwards, they are either waiting to be acquired or waiting to die.

For example, in comprehensive e-commerce, the first place is Taobao (including Tmall), the second place is JD.com, what about the third place?

I don’t know where I died!

For example, in the vertical e-commerce category of cosmetics, the first place is Jumei Youpin, the second place is Lefeng.com, what about the third place?

I don’t know where he died!

For example, among classified information websites, the first place is Wuba.com, the second place is Ganji.com, what about the third place?

I don’t know where he died a long time ago!

Shen Fei can cite countless such similar cases.

So once you find an Internet vertical segment with opportunities, you have only one core goal: to become number one as quickly as possible, or second at worst. If you accidentally become the third or even lower, it basically means that your business has failed.

And Internet companies burn money because of this.

Everyone doesn't want to be the third place, so they can only burn money.

Different Internet companies have different profit models, some rely on advertising, some rely on selling products, some rely on membership fees, some rely on value-added services, and so on.

But no matter how profitable, in the final analysis there is only one profit model: relying on users to make money.

Directly relying on users to make money means selling products to customers, collecting membership fees, providing value-added services, and so on.

Indirectly making money from users is through selling advertisements and other methods.

No matter what kind of Internet company you are, the more users you have, the greater the value of user units, and the stronger the stickiness of users, the more money you can make.

Burning money is to quickly acquire as many target users as possible.

Moreover, in Shen Fei's view, burning money is also to save money.

Every company has fixed operating costs. By burning money and taking one month to complete a goal that does not burn money but takes half a year or even a year to complete, it is likely to save a lot of money.

Of course.

Not every project is worth burning money, which is why Shen Fei asked Li Chunfeng to do a good job of research before making a decision.

Because he knows very well that if Maang Ran decides to invest, it is very likely that the bamboo basket will be empty, or even meat buns will be beaten by dogs, and there will be no return.

This is the truth.

Not every investment in Internet companies is guaranteed to make money.

What is venture capital?

It is an investment that carries risks.

Losing money is the norm, but making money is an occasional thing.

It's just that it has not opened for three years, and it has been open for three years. That's why it gives some people the illusion that venture capital is very profitable.

But actually.

That's not the case at all!

Think back to when Sun Zhengyi invested 100 million US dollars in the United States, and in the end there were no more than five Internet companies that helped him make money.

If it weren't for Yahoo's extremely high return rate of $2 million, he would be nothing more than a joke in Silicon Valley.

This sounds ridiculous, but it's true.

Even Shen Fei has to be cautious.

After leaving the matter to Li Chunfeng, Shen Fei left Wanli Investment.

Although Li Chunfeng is not a professional, he only needs to be a good steward. Anyway, the people below are more professional.

As a boss, you must learn to use people instead of turning yourself into an ant.

Time soon came to night.

Shen Fei arrived at the place he had agreed with Lin Xue ahead of schedule.

This is a small restaurant near Yanjing Central Theater.

Lin Xue chose the place, saying that it was a place she often came to.

Shen Fei naturally has no objection to this. Although he is treating guests, this is not the time for guests to do as they please. After all, they are to reward others for their help.

Shen Fei knows this very well.

"Hello, Miss Lin reserved a private room."

Shen Fei walked in and said to the hotel waiter with a smile.

"Ah, it's inside."

The waiter was startled, then smiled at Shen Fei.

Shen Fei nodded and followed the other person inside.

Not long after I sat down, the door curtain opened and a girl walked in.

He was in his early twenties and looked very cute, with a delicate face and bright eyes. The moment he saw Shen Fei, his eyes lit up and he said with a smile: "You are Brother Shen, right?"

"I'm Shen Fei."

Shen Fei stood up, smiled and shook hands with the other party: "Miss Lin?"

"No, you're being polite."

Lin Xue waved her hand: "You are a classmate of my brother, or a good friend, just call me Xiaoxue."

"OK."

Shen Fei nodded, but didn't show any concern. He nodded and said, "Then I'm welcome."

He is very clear.

Be polite when you should be polite, and when you shouldn't be polite, there is no need to be so polite, which will make others feel that you are hypocritical.

Shen Fei didn't want to give people that impression.

Lin Xue was very talkative and started chatting with Shen Fei.

She seemed to be very interested in the Internet and kept asking Shen Fei about the Internet.

Although Shen Fei is a little strange, he can understand it.

After all, for young people like Lin Xue, the Internet is still very attractive.

"I think social software has come to an end."

Lin Xue said to Shen Fei: "I feel that the face you and my brother invested in is too cumbersome. I am very optimistic about an Internet company called Twitter...Brother Shen, what do you think of Twitter's model? They... ….”

Like a little bird, Lin Xue kept telling Shen Fei her opinions.

Shen Fei, however, was noncommittal, just responded to her with a smile, and occasionally made a few comments, but Lin Xue was always impressed. She felt that Shen Fei had hit the point.

This is actually the art of conversation.

Many people always like to talk eloquently. This is not a bad habit. After all, good eloquence still needs to be demonstrated.

But the problem is that many times when you are with a girl, the more eloquent a man talks, the more likely he is to give people the impression of being unstable and immature.

It's okay if you meet a girl who likes you, but if you meet a girl who doesn't like such a eloquent man, she will really have a bad impression of this man.

Just like someone like Lin Xue, she herself is very talkative. It would be boring if Shen Fei talked non-stop like her.

On the contrary, like now, Shen Fei listened quietly to what she said, and occasionally commented a few words, which actually made Lin Xue feel that her brother was a very good friend.

Of course.

She actually knows a little about Shen Fei.

After all, Lin Yuan is no longer what he used to be at home.

By making investments, he had successfully earned hundreds of millions of dollars in the United States. This incident had already caused an uproar within the entire family.

At first, the Lin family thought Lin Yuan was being taken advantage of.

As a result, I discovered later that after all the trouble, someone was helping him make money, and the money he made was American money!

Reasonable and legal!

There is even a sense of pride and pride in winning glory for the country.

Even Lin Yuan and Lin Xue's uncles, after hearing about this incident, said that Lin Yuan was finally successful.

As the saying goes, everyone hopes that their children will succeed, and everyone hopes that their children will prosper. Lin Yuan has never been successful before, but this time he really impressed his family.

Naturally, the impression of Shen Fei, the friend who brought Lin Yuan to the right path, is also very good at 3.3.

Otherwise, Lin Xue would not agree to help.

The two chatted, and the atmosphere got better and better.

At this moment, the door curtain was opened again, and two people walked in.

"You girl, I heard your voice at the door."

A female voice said with a smile.

Shen Fei raised his head and saw two people standing there.

A woman who is about the same height as Lin Xue and quite beautiful, should be the one who just complained about Lin Xue.

Another man, who looked about the same age as Lin Xue, wore a pair of glasses and looked a bit honest, smiled at Shen Fei when he saw him looking over.

Of course Shen Fei guessed the other party's identity.

But for some reason, he always felt that the real prince of Yanjing City looked a little naive.

And he doesn't seem to have the pride of a child of aristocratic family, he looks more like a scholar.

What exactly is going on?

For a moment, Shen Fei was a little dazed.

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