Vol 5 Chapter 1299: Bitter medicine

"Why should they understand us?" Feng Yiping's words caused Charles Zhang to be stunned for a moment, and then his face became a little awkward.

He originally thought that his complaints about Wall Street would definitely get the support of everyone present, isn't it that way?

But Feng Yiping's words undoubtedly showed disapproval of his words very obviously.

Not only does it not approve, but this rhetorical question directly shows Feng Yiping's opposition.

Isn't this Mr. Feng smiling all the time and talking very well? How could he express his opposition to such an obvious issue?

He is, has an opinion on me?

He glanced at the side and found that Mr. Ding was also a bit embarrassed, and he immediately felt relieved that he was not just targeting me alone.

"President Feng, don't you think this is the case?" he said.

Although embarrassing, although facing Feng Yiping, he is still quite arrogant.

After all, he was also the one who took the lead.

In the early days of China's Internet development, he was also regarded as the godfather of China's Internet industry, and he was once regarded as the first person of China's Internet.

He graduated from the prestigious Massachusetts Institute of Technology, and has been immersed in overseas for many years, he is also a domestic business person, even if he is considered to be avant-garde in the Internet field, the most individual and the most high-profile.

He is very fashionable and even appeared on the cover of fashion magazines.

He likes all kinds of popular sports and used to skateboard in the square with a peaked cap.

He loves to dance and is lively, so he has close contacts with the entertainment industry. In the glass house on the top floor of his company building, there are often entertainment stars and celebrities from all walks of life.

Like the person in charge of a well-known domestic real estate company, he also likes climbing because he has a close relationship with the entertainment industry. He is currently planning to bring several well-known beauty stars to climb with him.

The beauty around him is like a cloud, but he thinks he doesn't need to get married, and like Mr. Ding, he has become the famous diamond king in the business world.

When he was still being interviewed, he made high-profile rhetoric of "I hope to become the richest man in China one day" and "I am the most famous and richest person in China"...

Let's put it this way, before Feng Yiping's rapid rise, this person in China was equivalent to a combination of the later high-profile old horse and a certain national husband.

He is a media darling who knows the attention economy very well.

So in the face of it, all of the domestic figures including him were all set off yesterday's Huang Hua Feng Yiping. Although he admired it, although he was somewhat helpless, he still couldn't conceal his arrogance.

"We have to admit two things at present," Feng Yiping said. "First, we have to admit that in the Internet industry, the United States is indeed at the forefront of the world, so in the Internet industry, there is widespread worship of the United States."

"Under this major premise, even if it is two companies of the same nature, the one in the United States is definitely more favored and welcomed by investors."

Charles Zhang thought for a while and said, "I admit it,"

Of course he has to admit this.

Let's put it this way, except for the company founded by Feng Yiping in the United States, domestic Internet companies are still copying the American model, and there is no substantial innovation.

"We must also admit that even if it is to exclude policy factors, for now, it is clear that we need Nasdaq more,"

The policy factor he mentioned here mainly refers to the fact that at the beginning of its establishment, many domestic Internet companies have accepted foreign venture capital investment and are joint ventures.

However, in China, it is difficult for joint ventures to obtain the required icp licenses for telecom operators that provide comprehensive Internet information services and value-added services to users, that is, network content service providers.

So everyone has adopted the establishment of a domestic company in China, and domestic companies, which are common practices for companies registered overseas, are subsidiaries of registered offshore companies.

This is the vie mode.

Companies established under this model will be regarded by domestic securities authorities as companies that circumvent relevant policies, and it is difficult to obtain listing approval.

Even if it can be approved, domestic A-shares have stricter requirements for listed companies than Nasdaq.

The most critical one is to make profits for three consecutive years.

It is said that many Internet companies want to go public to raise funds, mainly because the money is not enough to burn, and there is no money to burn, how can they still carry out their business, how can they make money?

If they all point to listing in the country, it is estimated that few will survive.

But the United States is different.

Unlike the domestic audit system, the US capital market adopts a registration system and does not set a profit threshold for companies to be listed. As long as your company's business grows rapidly and occupies a large market share, it can be listed even at a loss.

From the perspective of the overall financing environment, the United States is generally optimistic about Internet companies and high-tech companies, and will give high valuations, so Nasdaq has become the best choice for everyone.

"To put it bluntly, at this stage, we have to ask them. Without this financing channel in the United States, many of our companies would not be able to persist."

"Under such circumstances, what qualifications do we have to ask them to understand us?"

To put it bluntly, this is similar to the relationship between a company and a bank.

A company that is not capable of you has to ask for a bank loan, and a company that is powerful is in turn asked for a loan by the bank.

Is it useful to blame the bank for not understanding you if you can’t get the loan?

There are many companies now hoping to ring the bell on Nasdaq, but others do not agree. Later, for example, Ali, when he made achievements, the New York Stock Exchange and Nasdaq did not actively compete for the door to mobilize. Do they go public?

"But, after all, we provide opportunities for those guys on Wall Street, don't we?" Charles Zhang said.

He just couldn't put it down.

Relatively speaking, many domestic companies depend on the opportunities provided by Wall Street.

So Feng Yiping thought he hadn't heard the words he said, "The reality is that when we are not strong enough, we can't expect others to cooperate with us, understand us, and strive to improve our strength is the right way."

"Domestic Internet companies can develop to the current level. Isn't it the result of everyone's hard work before? Now, we are far from the time when we can feel good about ourselves,"

This is somewhat of a taste of education.

Charles Zhang's expression was a bit unsightly, and Mr. Ding was silent for a while, "President Feng, you are right. It is useless to complain. Trying to improve our strength is the kingly way."

Lao Ma also came to join in the fun, "Everyone is working hard. In the future, regardless of whether it is the New York Stock Exchange or the Nasdaq, there will definitely be the day when we ask our companies to go public."

"It is all the well-known stock exchanges in the world, begging us to go public," Mr. Ding corrected Mr. Ma's words.

"Yes, to have such ambition," said Lao Ma.

"Haha," Charles Zhang with a cold face also smiled, "President Feng, you are right,"

"For this, I have to toast you," he held up his teacup.

"President Zhang is polite," Feng Yiping also smiled and held up his teacup.

"Sorry to interrupt," Wu Qian came over, "Mr. Feng, Mr. Schmidt and Mr. Jonathan Schwartz from Sun Company are coming soon."

"Okay, I'll go down now," he stood up, "Mr Ding, Mr. Zhang, I'm not accompanied."

Lao Ma also stood up, "Sit down first," he is the initiator. If such an important guest arrives, he naturally has to greet him.

In the elevator, he couldn't help asking, "The performance just now didn't look like you, a bit too sharp."

"Yes, I know too," Feng Yiping nodded, "I am, it's hard to control,"

When he said those, he didn't want to highlight his status, to show that whether you like it or not, you are in the past tense, and now I am the big brother with the most say.

He felt a little sorry, and hoped that his words would arouse the reflection of Mr. Zhang.

He did feel a little too good about himself, too airy.

So in the later, his company was the least noticeable among the three major portals. In related meetings, Ding always stood in the front row, and he was once very successful ~www.wuxiaspot.com~ only Can stand in the most inconspicuous position.

"I probably understand your mood, but people are different from each other," Lao Ma said.

"You are right to remind," those words just said may be thankless, and it is likely that the person has opinions on himself.

It doesn't hurt to do less of this kind of thing.

"Tell me another question. You really don't have any good ideas about preventing children from indulging in online games?" Lao Ma asked.

Feng Yiping glanced at him again. It is estimated that your child is quite addicted to online games.

"It's not that there are no bad ways to exploit loopholes. For example, when users log in to the game, they can only log in with their face,"

"Sweeping face?" Lao Ma thought for a while, and immediately called out, "This is good, this is not easy to fake, but this technique is not there yet, right?"

"Then let's try?"

"Very worth trying!"