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Chapter 69 This young man is so arrogant

Liu Cheng looked at the slightly confused look in the audience, and smiled and said, "I'll explain it a little."

"On the flight to New York, a lady asked the flight attendant to upgrade her from economy to first class, but the first class was completely full."

"This lady was not convinced, so she kept clamoring to upgrade the cabin. Finally, the flight attendant whispered and said: First class can't get to New York. This lady sat down obediently."

"At that moment, the lady who asked for an upgrade understood one thing, that is, although all the passengers on this plane went to New York, they were not going to the same New York."

Liu Cheng waited for a moment, waiting for the audience to digest the passage, and then continued with a smile: "Nasdaq and the New York Stock Exchange are very close. These two places are only an 18-minute drive away from the six stops."

"But there are no clocks in both places."

"We often say that we go to the Nasdaq to ring the bell and go to the New York Stock Exchange to ring the bell, but there is actually no bell there."

"Almost all startups regard there as the end, but they don't know that there is just a starting point."

After Liu Cheng said that, he looked at Zhou Hongyi, and this sentence was openly firing at Zhou Hongyi. Seeing Zhou Hongyi's blushing face, Liu Cheng just smiled faintly.

Qihoo is preparing to go public on the New York Stock Exchange. At this time, Zhou Hongyi's actions are definitely not as noble as he said, opposing Internet monopoly and opposing Internet hegemony.

It's all for valuation.

Liu Cheng continued: "There is a video player software. His developer is a senior at the University of Chemical Engineering. He brought his sister and apprentice to make it."

"The online names of these two girls are: Feng Lingyin and Zi Yu. They developed the audio and video decoding package, integrated it into a player, and then uploaded it to a forum."

"Now this video player software has been packaged and sold to an investment company, and the investment company has been sold to another boss present."

"The wind の电影院 audio and video decoding package has been seven years. To this day, the core technology of this video player software is still the game work of the two little girls Lingyin and Ziyu."

"Even the comments I wrote at the beginning are still there."

"It's been seven years, and now this boss is seeking a Nasdaq listing, and it seems to be about to succeed. We wish it good luck."

After Liu Cheng finished speaking this sentence, he let everyone in the audience whisper, but Liu Cheng fell into memories.

The decoding package of Lingyin and Ziyu is the core playback software, with the first-class IT brand survey market share, the best software user selection award, the top ten domestic excellent software, my favorite playback tools, the top ten most growing Internet companies, the annual product award, the ten hundred thousand engineering companies and other honors.

However, this company that plays software failed to successfully list in the United States. In the end, it was listed on the A-share market. It created 37 daily limit increases in 60 days, and its market value once reached 40.8 billion.

On the day of its listing, ten billionaires and nearly one hundred millionaires were created.

This is the chaos of domestic Internet companies now, not telling technology or stories.

Liu Cheng smiled and said: "If we follow the development, Kuway Information can also tell a good story, and then set up overseas companies to attract foreign investment. Under the operation of various capitals, we can successfully press the electronic button to go public on the New York Stock Exchange."

"We call it a red chip structure, so I will become an unparalleled figure in the domestic Internet industry."

"But unfortunately, the recent tightening of policies in the field of cybersecurity has prevented me from becoming a billionaire."

The policy here is a rule called "Order No. 10". Qihoo is the last batch of red-chip companies established by stepping on the spot.

Red chip companies are their main business, and their profits are sourced in China, but the profits ultimately belong to the foreign company.

A whispering whispered and whispered in a good mood when Liu Cheng looked at Zhou Hongyi's constipation-like expression.

His passage is about Kuway information. In fact, in Zhou Hongyi's ears, he is talking about their Qihoo. They are seeking to apply the red chip structure to go public overseas and eventually succeed.

"This is the first way to survive, that is, the technical barriers, I think, just me."

"Any startup company should focus on its own technology, not its story."

"The so-called red chip architecture's behavior will eventually lead to an end, either being eliminated by the times or being humiliated by stronger technologies in a nearly shameful way."

Liu Cheng looked at the thousands of people gathering in the audience. Only the leading companies in the Internet companies can survive very well under the light.

But what about the sea of ​​people hidden under the light? It is a sea of ​​corpses and blood.

The market is extremely cruel.

Liu Cheng smiled and said, "The second is the capital barrier. This is not a capital barrier, but a capital barrier. Without sufficient funds, we will not be able to be calm when facing a crisis."

"We have many channels to get money, including various investment banks, banks, and stock markets. We can find ways to get money, but few people want to get money from the market."

"When talking about Internet companies, they just burn money, but where can they get so much money?"

"The burning money is hot."

He finally concluded: "So, I think the two fundamentals that an Internet company needs to survive are technology and market."

"We have to ensure that we are in economy class to New York, and that we are in the same New York as anyone who goes to New York."

"Even if we don't go to Nasdaq to ring the bell, we can live well, thank you everyone."

After Liu Cheng finished speaking, he slowly walked off the stage. Applause rang out in groups of three or three, and polite applause slowly rang out on the scene.

This young man is so arrogant!

At the age of eighteen, it is so arrogant that he can give advice and talk about the way to survive in front of thousands of Internet tycoons.

Moreover, the corporate development model in the past decade was denied.

Tian Weide and Ma Shaoguang whispered in a low voice, then Tian Weide stood up and said with a smile on his face: "Liu Cheng, please wait a moment on the stage."

Liu Cheng suddenly stood there, there was no such item in the script!

It is said that it is exciting to run away after pretending to be a pussy. I just finished pretending to be a pussy and actually kept myself on the stage?!

Isn't this baking yourself on a fire rack?

Really, I can't get out of the market.

He looked at Tian Weide with a little confused, Teacher Tian, ​​what happened?

Liu Yinuo suddenly stood up and then sat down again. Tian Weide, the chief technology officer of Qiming, had a very good relationship with Kuway information. Tian Weide should not be a embarrassment to Liu Cheng.

Tian Weide walked to the stage vigorously, he picked up the microphone, and said with a smile: "I know, everyone here is a little confused. Why is this young man so arrogant?"

"Some people are also thinking about whether his arguments are tenable."

"I don't know the financial report of Kuway Information, because I am not a shareholder of Kuway Information, so there is no need for him to show me the account book."

"But I do know that his first point of view is the correctness of the technical barriers."

"Please look at the big screen everyone."
Chapter completed!
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