This is not a reasonless guess, but a more convincing answer drawn after a detailed market survey - through a full year last year, this ihg surveyed countless large and small Chinese Internet companies. At first, they targeted 8848. However, smart people in this world have never lacked smart people. While they were still doing detailed investigations, some capital had begun to invest in 8848, so the final result was helpless to give up. After the investment plan failed, ihg's senior executives were not impatient. When they caught a worthy investment, they didn't care about spending a lot of money, just like what all investors did in this crazy period. On the contrary, their investment investigation became more and more cautious, and did not look like an emerging fund that had just been established and was extremely eager to prove themselves in the venture capital field.

So after investigation, the companies worth investing heavily were not found, but the Internet bubble suddenly broke out, which also made the senior executives of ihg Fund even more stable in their behavior, which was comparable to some old venture capitalists.

But acting steadily does not mean that they have given up on investment opportunities. Instead, in the process of searching and investigation, the requirements for those companies have become more stringent. If there is no practical business plan and no projects with prospects worth looking forward to, they will definitely not invest in those companies.

So after repeated inspections, Stephen, the head of ihg's investment department, turned his attention to an Internet company that was not purely an Internet company. However, this company has a large business unit, Yangyi Culture, a company engaged in Internet product research and development. The company he was optimistic about after inspection is not only aimed at Yangyi Network, a subsidiary of Yangyi Culture. It is currently operating the same navigation and search, but because in Stephen's eyes, this company... perhaps because it should be called the Internet business department of this company, it seems to have an extremely advanced vision for the use of Internet products in the Chinese market. The products they developed are very targeted.

"Martin, I think you have read the business investigation report of our investment department, right? So what do you think of that Chinese company?" In private, the two people who are really intimate in love call each other by more casual names. They have superiors and subordinates at work, but outside of work, they are considered half of their partners and half of their friends.

The ihg executive president did not answer directly when he heard his old friend's question, but smiled and picked up the coffee in front of him and stirred it slowly: "I can easily hear it from your tone. Dear Stephen, are you moved by that Yangyi Culture?"

"Damn it, don't use such ambiguous words?" Stephen, the head of the investment department, a golden ghost dressed in a typical Citi Chinese, pulled open the button on the top of his shirt. He didn't know if the indoor heating was too thrilling or was annoyed by the teasing of his old friend. Instead, he said helplessly, "Did you have no opinions after reading the hard market research of those young men?"

"Okay OK. When it comes to work, you are always more fanatical than me." The Martin shook his head and then became serious: "After reading the market research report, I was not surprised by the direction they chose. In fact, no matter which country, people will work hard to develop products like search engines and treat them as the core business of their own company. So I am very surprised, why are you just optimistic about this company that does not have pure blood? Your investigation report seems to indicate that Yangyi Culture, except for its subordinate Internet business departments, the rest of the other main businesses are all traditional culture fields, right?"

"When examining whether a company is worth investing in, in addition to being cautious, you also need to have a spirit of adventure." Stephen's words would definitely not be said on a formal occasion, because Martin is his boss, but this kind of meeting with only two people doesn't matter: "And investing in this Yangyi Culture is actually not a risky one. Because you just noticed one of their core R&D projects, Internet search engines, and did not notice another promising project - the most basic network application, navigation website."

"Navigation website? It's what the report mentioned above, what kind of search is? Oh, to be honest, this name is really not very good, it doesn't have the style of a high-tech enterprise at all." Martin shook his head, and seemed to disagree with the words of his subordinates and old friends.

"This is the difference between us. In addition to the identity of the executive president of the fund, you also have a business hobby, that is, surfing the Internet, and you are a master who knows the underlying application principles of the Internet. But I am different. The only meaning of the Internet to me is how to let me learn more about the various information I need more quickly and more. In addition, whether I understand more advanced Internet operations and applications is no objection to me. So do you understand what I said? "Stephen looked at Martin, his eyes full of dazzling expressions, and there was also a sense of the other party's test.

"You mean..."

Sure enough, after listening to Stephen's words, Martin, who had just looked disdainful, had a look of surprise and confusion flashed in his eyes, and then he realized: "That is, those who have come into contact with the Internet for the first time always need a good guide to tell them what things they have never seen before in this new world? What you who just regard the Internet as a fool's tool need is an Internet product that is simple and able to meet basic needs?"
Chapter completed!