In 1996, a little-known General of Morgan Stanley analyst wrote a report on the Internet, which contains a large number of charts and data of a 300-page report put its author Mary Meeker on the money and public opinion are the pinnacle of power.
In 1998, Barron's, a financial magazine referred to her as "Queen of the Internet"; in 1999, Fortune magazine said she was "net prophet"; the Wall Street Journal compared her with Federal Reserve Chairman Alan Greenspan and billionaire investor Warren Buffett, say they are the market "three major drivers."
Attending a Conference in their fight to John Obi Mikel, Viacom will do a special plane sent her to Bermuda, and then sent home as soon as possible, because there is a 90-minute speech to wait for her.
China's Internet startup circle, compared to the 1999 United States if not heavier. When Internet access, can put up a website will be able to get investment, only one site can be valued at hundreds of millions of dollars.
And now, the same.
A slogan on the venture's founder, rely on serial himself after graduating from the salary, use PPT to build a car, dare to take a not modified cars on the road at a press conference.
A female entrepreneurs speak for a living, to hype themselves through various media show, opened in SanLiTun store had insisted on closing in less than a year, the entrepreneur in traditional enterprises such as China vanke pass through preaching "Internet mentality" and "after the mind."
A dubious, mixed 90 students, touted as China's iron man by the media, participate in the road only with a video contest, media speeches, could advance to the competition final phase.
These entrepreneurs, can appear, in addition to their own limelight, and investors continue to blood transfusions.
China's only Redwood, Jingwei, IDG, KPCB several investment institutions, investment institutions registered in IT Orange now have 1785. If Wang late years, he may be a brilliant people create Facebook, Twitter in China. Cafes in Beijing, toilet peeing can have several investors.
Venture capital practitioners on the tall street food.
Money and wandering people of these headless, in the background, the mass of the Internet + venture much innovation under the slogan together blowing a soap bubble.
Some people argue that entrepreneurship is not the risk? if they mark it is also called business then? but adventure is not to die, daring others to common sense--innovation can change the rules, but cannot change the law. Do business can do without the laws of physics? car should not be able to drive on the road but not on the floor? made products shops should not sell a number rather than speech, founder of for evaluation criteria?
Is absurd to imagine, is built on the common sense of a breakthrough, of the top people in the industry are able to see, Redwood trees, the old Fox ticking over so many years is not a vegetarian.
Internet company valuations in Shanghai and Shenzhen, you said a little taste of come to naught, but storm market value higher than YouTube I can not understand; be born a Unicorn in the startup I am sure, but so much VC money to bet so much I see the most unlikely.
GDP growth this year wandering in the 7% case, the unemployment rate for 5.06%,IMF is estimated at over 6.3%, want to reduce unemployment through entrepreneurship, good intentions, data for June showed that entrepreneurs share all of the employees than in January rose 0.11%.
This winner of the Internet game, able to support entrepreneurs, after all, is limited. Entrepreneurship is a small number of people, most of them are not suitable for business, business for the time being to ease unemployment, but in the end these people are back in the job market.
Of course, no capital, and boom is unsustainable. Where does capital come from?
Pioneer Super has repeatedly received invitations by some traditional companies, such as some coal companies, hoping by means of mergers and acquisitions or investments, some Internet companies after the injection Pack listed ... ...
So this sort of flies against takeovers can get kind of assets. Take a step back and said, a little decent Internet companies who would want to be such a merger?
All walks of bad cases, only highlights the Internet has attracted domestic funds ready, speculators, coal mine turned into a LP, the new venture after another, managers become extremely scarce resources, even who know the Internet spot to ripen quickly.
There is no optimistic view on this?
Have. Minimum capital inflows, rapid development infrastructure will make the whole mobile Internet, smart phone category and price advantages of the highest global, 4G the development of quick step, on the ruins of the post-bubble real trees can grow very quickly.
In 2001, after the Internet bubble burst, Wall Street Investor John Mikel Obi has launched two joint actions, accused her of deliberately wrong stock recommendations to investors; Fortune magazine criticized, Meeker was head forget yourself is just an analyst.
In 2013, the Meeker published Internet report again, though the Internet has rebuilt the ruins, but apart from the insider, no booming style of that year. After the wonderful work that the team MA s new
Internet entrepreneurship is dressed in a gorgeous robe, it was crawling with lice.
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