Generally speaking, the primary condition for venture investors to enter an online company is to be able to control their controlling rights. Although they generally do not interfere too much in the operation of the online company, when the funds they invest cannot get a desired return, they often make some actions that are unfavorable to the future development of the online company.

For Internet companies from mainland China, American capital is basically unwilling to put in too much effort, because the entire United States is now in a rage. Any investment in an Internet company may result in extremely generous returns. In contrast, if you want to invest money in mainland China that you don’t know, investing in this relatively backward Chinese market that is not suitable for the development of the Internet industry is still not very suitable for the development of the Internet industry. Investors are not very sure.

From their perspective, they just invest millions of dollars to see the situation. If the situation is not good, they can give up directly without continuing. They can still take a look at the loss of millions of dollars. If there are more, not many people are willing to do it.

But for a big business like building a domestic portal, if you invest millions of dollars, you can say that you haven’t even finished warm-up exercises. How can you talk about sustainable development?

For domestic portals, they are very eager to obtain venture capital, because the biggest problem of Chinese people is that they need to rely on other people's affirmation to prove their achievements. Therefore, for many years, people have been worried that no mainlander has won the Nobel Prize.

The facts are very clear. Many domestic scientists have achieved great achievements in all aspects, which are enough to wait for the Nobel Prize podium, but other factors make this wish impossible to realize. Although the parties involved have no regrets about this matter, some people think that not being recognized by the Nobel Prize means that our academic level in China is still too low!

Fan Wubing thinks that this idea is understandable. After all, the Chinese people have been suppressed for a hundred years of national pride and national self-confidence cannot be completed in a few years. On the one hand, it depends on the sustainable development of the national economy, and on the other hand, it is also due to the cultivation of the education industry.

Once the country becomes stronger, there will naturally be no market for this kind of foreign mind.

When Fan Wubing passed by these people, he immediately attracted everyone's attention, but these returnees were a little uncomfortable when they looked at Fan Wubing's eyes.

After all, there are many rumors about Fan Wubing's success now. Think about it, Fan Wubing came to the United States since he was a child and then returned to China to establish the Fan Investment Group, a comprehensive large investment group, and established countless physical industries across the country, with countless wealth. People like him also came back from the United States, but they still need to rely on their own knowledge to constantly lobby others and ask others to pay for money to support themselves. The gap is so big that it makes people feel that there is a gap in my heart!

However, most people think so. As long as it is their own website and website, they will immediately be able to obtain hundreds of millions of dollars in return like American Online, Amazon or other successful American online companies, and become billionaires overnight. There is no need to envy Fan Wubing's wealth here.

But what made everyone most confused was that Fan Wubing's Fan Investment Group was also building a portal website, and the scale was unprecedented. Just the 200 million yuan of initial development funds directly invested is enough to be shocking, not to mention that if Fan Wubing was willing to continue to build the largest portal website in China at any cost, the funding was really no problem.

How should I win in the face of such a competitor? Even if I cannot win, I have to have a place in my unique field and gain a space to survive?

Fan Wubing looked at the complex gazes of these people and could feel their psychological activities very well.

So Fan Wubing smiled, continued walking in, and came to his own position.

After a while, Boss Zhu and other important leaders came over. First, the leader of Youhai made a presidency speech, and then Boss Zhu said a few simple words, and these experts and bosses began to take turns.

The main topics this year are still about the Southeast Asian financial crisis, domestic stock market, real estate construction, and the increasingly fierce Internet economy. In addition to the previous three items being considered clichés, the Internet economy that has been hyped this year has also begun to attract everyone's attention.

Especially the issue of e-commerce, many large domestic companies have also attracted enough attention, but people still don’t know much about what e-commerce can do. Generally speaking, they think that since Americans can rely on this circle to obtain countless funds, if their companies also get to this point, they will probably be one step ahead and surpass others.

Therefore, at this summit, many bosses of large domestic companies began to talk about how big changes the arrival of the Internet economy era will bring to the lives of Chinese people, and how their company will bring to the market after entering e-commerce.

After hearing this for a while, Fan Wubing frowned slightly.

The impact of domestic companies moving closer to e-commerce is still in the preparation stage. Many people dream of using e-commerce as a panacea to improve their company's performance, especially some companies related to the electronics industry, such as companies like TL, are even more eager to integrate e-commerce.

The myth of Wu Shihong joining TL company flying against the wind was actually a "star" movement in this country's era of e-commerce. Due to the IT environment and various factors at that time, Wu Shihong was artificially concealed by the outside world, making it difficult for people to see a real Wu Shihong clearly. What's even more terrifying is that even Wu Shihong himself was intoxicated.

Objectively speaking, after Wu Shihong joined TL, she did accelerate the expansion of TL to informatization. But this time she was born at the wrong time, during the Great Depression of the IT industry. When formulating TL information industry strategy and product strategic planning, her personality and ability defects that had been overlooked before were completely exposed.

At that time, the entire home appliance industry was taking exploratory attempts. However, because of the psychological shadow of inferiority, the mentality of everything was necessary to be superior, which made Wu Shihong, who was eager to be recognized, make the choice of accomplishing his achievements and fighting. He hoped to improve the entire enterprise through several IT products, so that information products can replace home appliance manufacturing and become the mainstream pillar of TL.

But she ignored that TL is a company based in the final analysis and the home appliance industry is the lifeblood of TL. Therefore, the strategic layout she formulated was a revolution rather than a reform for the original strategy, which would inevitably involve restructuring of interests. Such a practice destined to be a sign that her success is to make the information industry sector profit in the short term.

The "Heaven, Earth and Family" plan, which looked beautiful at the time, actually completely ignored the actual market demand and the actual choice of consumers, and was completely separated from the market demand and the development situation of the Internet at that time. Its prospects can be imagined.

When the annual financial report showed that the information industry's contribution to the group's business was negative, for TL, the dream of integrating e-commerce that has been promoted has also been shattered.

In China, there are many companies that have relied on e-commerce as a life-saving straw in this period of time, but only a handful of successful companies are successful. The main reason is that it is not at this time now, and domestic consumers are not able to adapt to this new thing. The cultivation of the market will take a long time.

Fan Wubing sat here and curled his lips, and someone immediately noticed it, especially a high samsara sitting next to Boss Zhu poked Boss Zhu's arm, tilted his mouth at him, and signaled him to pay attention to Fan Wubing's expression.

After seeing Fan Wubing's disapproval, Boss Zhu gave an order to Gao Chan, who was sitting next to him, asking him to change his seat with Fan Wubing, and he wanted to share his views with Fan Wubing.

Fan Wubing sat over as he spoke, and then started talking to Boss Zhu in a low voice.

"You don't seem to be very interested in this e-commerce?" Boss Zhu asked directly without saying any polite words.

"How do you say it?" Fan Wubing scratched his head and said, "E-commerce is an inevitable trend in future development, but the current market cultivation work is still in its early stages. It is a bit too hasty to let him bear fruit now. In this case, the idea of ​​making profits through e-commerce is obviously not feasible."

Boss Zhu touched his chin, thought about it thoughtfully, and then asked, "But it's very hot in the United States."
Chapter completed!