Chapter 1,365 Bubbles Are Also Vents

The establishment of Meijiahua and the investment in the central building are the focus of Yang Fei's work in the next few years.

For this reason, he will live in Shanghai for a relatively long time.

The year 2000 was considered a prime time for real estate speculation in Shanghai.

The housing prices in many places are less than 3,000 per square meter, and in better areas, they are only 5,000 or 6,000 per square meter.

In five years, housing prices here will have doubled five or six times, and will continue to rise.

Yang Fei's desire to use the 666 Company to cash out was realized in advance because of Gao Yi's anger. Now Yang Fei naturally set his sights on another blue ocean.

"Master Fei, where are you going?" Mouse asked after getting in the car.

"Going to meet an investor. We made an appointment to meet at the coffee shop at the intersection of Jinling Road Commercial Street."

"Okay, Master Fei."

When they arrived at the cafe, Yang Fei and Chen Mo went upstairs and said to her: "This investor, named Zhao Wenliang, is also well-known internationally. He has a very accurate vision and has made a lot of money in recent years."

Chen Mo said: "Are we trying to get his investment?"

Yang Fei said: "If you don't want to invest, he read my book and said he admired me and wanted to chat with me. More friends means more paths."

Chen Mo smiled and said: "That's true. People are divided into groups, and birds of a feather flock together. Those who can make friends with you are not ordinary people."

"Mr. Yang!" Zhao Wenliang had already arrived and was sitting by the window. When he saw Yang Fei entering the door, he waved towards him.

Chen Mo thought that the investors were all older people, but he didn't expect that Zhao Wenliang was very young, about thirty years old, wearing a well-tailored formal suit. There was no brand logo visible, but it showed his low-key personality. luxurious.

"Mr. Zhao, nice to meet you." Yang Fei walked over and shook hands with him.

Zhao Wenliang also brought a secretary. She was in her early twenties and had a delicate appearance. She could be considered a beauty alone, but compared with Chen Mo, she was overshadowed.

"Who is this?" Zhao Wenliang's eyes lit up when he saw Chen Mo, "Is this Mr. Yang's girlfriend? You two are so talented and beautiful, a perfect match!"

"Haha, my secretary Chen Mo." Yang Fei introduced him and asked, "Mr. Zhao, how long have you been here?"

"I've been here for a while, and I just met a small entrepreneur from Shennan City who came to solicit investment. He said he wanted to sell me a social software for 200,000 yuan. I had never heard of it, so I refused. " Zhao Wendong said.

"From Shennan City? Social software? 200,000?" Yang Fei felt that these words were extremely familiar.

"Yes, he makes computers, what is his name, Computer Systems Co., Ltd...."

"Oh? Where are the others?"

"He has left. How can his social software be worth ten thousand and buy a small house in Shanghai!"

"Mr. Zhao, you don't usually play computer games?"

"computer?"

"It's the PC."

"Oh, I don't play much. Secretaries handle everything. I like mountain climbing, diving, swimming, golf and skydiving. I am a person who can't sit still. What does Mr. Yang like to do in his usual time? I have read two of your books , but you didn’t mention your hobbies?”

"I have a wide range of hobbies. I have tried all the things you like. I am currently playing horseback archery with my friends."

"Playing with horses is great! A friend of mine,

There was a horse at the Hong Kong Horse Racing Club, which was bought for more than 5 million yuan. It was a BMW called Shenwei War Horse, and it won the grand prize. The horse is usually trained at the Jockey Club, which costs 500,000 a year. A horse can only enter the racing competition when it is over three years old, and it must be retired when it is about eight years old. The time it can compete is very short..."

Zhao Wenliang was an acquaintance. Although it was his first meeting with Yang Fei, he was extremely speculative.

This person is also very talkative and well-informed, and can talk about anything.

The horse riding Yang Fei mentioned was just a sport, but the playing with horses he mentioned was a completely different activity.

"Mr. Zhao, is the person who sold social software just now named Ma?"

"It seems so, right?" Zhao Wenliang said, "I have no impression at all. He looks polite and elegant. The company must have encountered difficulties, otherwise he wouldn't have sold his research results, right? What's wrong? Yang Are you interested in this, sir?"

"Yes, because I usually use this software."

"However, this so-called high technology is not favored by investors now. Doesn't Mr. Yang have research on the international situation?"

"Mr. Zhao, are you referring to the Internet bubble?"

"Yeah, now is the time when the dot-com bubble is exploding!"

The dot-com bubble, also known as the dot-com bubble or the dot bubble, refers to the speculative bubble that has occurred since the 1990s. In the stock markets of many European, American and Asian countries, the stock prices of technology and emerging Internet-related companies have risen rapidly.

All cities in the United States are building networked office spaces to attract Internet entrepreneurs, and are seeking to become the "next Silicon Valley."

Communications providers, convinced that the future economy will require ubiquitous broadband connectivity, are racking up debt to buy high-speed equipment and build fiber optic lines to optimize their networks.

Companies that make networking equipment, such as Cisco, have profited handsomely.

Similarly, in Europe, mobile operators in countries such as Germany, Italy and the United Kingdom spent large amounts of cash to purchase 3G licenses, resulting in heavy debts. The investment far exceeded its current and projected cash flows, yet it was not publicly acknowledged until 2001-2002.

Due to the highly interconnected nature of the IT industry, this quickly led to problems for smaller companies relying on carrier contracts.

In the early stages of the bubble formation, three major technology industries benefited from this, including Internet network infrastructure, Internet tools and software, and portals.

In the second half of the decade, the U.S. stock market went crazy.

Under "irrational exuberance", investors invest a lot of wealth into overvalued high-tech companies, but these speculative enterprises make no profit at all, and a lot of investment is wasted.

And this huge bubble finally burst in early 2000.

This is why Zhao Wenliang immediately refused when he heard that the other party was a technology company and wanted to sell some software.

Yang Fei smiled and said: "I know that it is indeed a severe winter for the Internet economy, but I believe that the winter will pass soon, and the near future will definitely be a prosperous spring."

Zhao Wenliang pulled out a business card and handed it to Yang Fei: "If you are interested, you can find him. He should not be far away. However, I still advise you that it is very irrational to invest in Internet-related industries now. Behavior."

"My understanding of bubbles is a little different." Yang Fei said, "Bubbles are by no means derogatory, and we don't need to be afraid of the arrival of a bubble economy. Another understanding of bubbles is: vent."

"Oh? Wind outlet?"

"The arrival of any kind of bubble means that the operations of many economies will become worse and the value will also depreciate rapidly. Isn't this the best time for investors to enter the market?"

"However, no one can predict how long this bubble cycle will be. It is an investment that is too risky. I still recommend not to enter easily."

"How to survive the bubble period? There is only one real answer: financing ability. Maybe what he lacks is a sum of funds, and I gave it to him. Maybe one day in the future, he can bring me a hundredfold or a thousandfold return?" "

Zhao Wenliang smiled and shook his head: "I have never had such unrealistic illusions."

Yang Fei said to Chen Mo: "Now call Mr. Ma on your business card and say that you are still at the coffee shop just now. I, Yang Fei, am very interested in the QICQ social software he wants to sell and ask him to come back and talk. .”

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