Recently, two Internet tycoons who have not been trending for a long time have returned to the trending search, but in an unexpected way.
Mr. Ma appeared overseas, waving a golf club and bought a luxury yacht worth 1.2 billion. A mysterious rich man appeared in Mediterranean and bought a 530 million mansion, and there is a close relationship with the Great Qiangzi behind this. Previously, he had resigned as the CEO of Jingdong and cashed out 6.6 billion.
Many years later, faced with ridicule and abuse on the Internet, I wonder if Mr. Ma will think of those days when he was wearing plain clothes and mango shoes. He bombarded our financial system as "no system" at the Financial Summit and disappeared since then. Now everyone looks back, haha.
Similarly, will the Great Qiangzi remember the night when he was invited by a beautiful woman to discuss life in Minnesota?
Seeing them starting to cash out, show off their wealth, and enjoy life, maybe they really chose to give up. The golden age of the Internet is over.
This reminds me of an allusion. During the Warring States Period, the general of the State of Qin, Wang Jian, went on an expedition and kept asking the King of Qin for houses, money, and beautiful women. His son was puzzled as to why he had made himself so vulgar. But Wang Jian said: "This is to save your life."
In addition to the above big names, Huang Zheng of Pinduoduo also resigned as CEO last year. Didi announced its delisting just after was listed on the US stock market. The food delivery business of Meituan is still suffering huge losses and is unable to extricate itself. After Baidu made a big bet on AI, it seems that the AI wind has just stalled before it has been blown.
Now, everyone’s eyes are on Penguin’s little brother. Yesterday, Penguin's major shareholders could no longer sit still.
Penguin issued an announcement that its major shareholder, South African Newspapers, would begin to reduce its holdings. Penguin's stock price immediately plunged . The motivation behind the reduction of holdings at this relatively low level and the promise not to reduce holdings within three years in 2021 is really intriguing.
The past two years can be called the darkest moment of the Internet. Two years ago, I wrote an article "The Twilight of the Gangster". Now, it can only be said to be the swan song of the gangster.
I firmly support antitrust and oppose the disorderly expansion of capital. However, for the entrepreneurs or capitalists behind it, we must clearly realize that they are just the embodiment of capital. What they do does not represent themselves. Anyone sitting in that position would probably make the same choice under the conditions at that time.
On the contrary, there are several big figures in the education sector who are constantly laid off and re-employed. Luo Yonghao announced some time ago that he would withdraw from all social networks and start a business in the field of augmented reality . I don’t know if it’s a coincidence or not. After that, the A shares augmented reality and virtual reality sectors plummeted, and ’s leading stock Goertek’s shares directly fell to the limit , once again confirming the title of “Industry Dark Light”.
and Yu Minhong ’s New Oriental , after donating all the desks, began to transform into live broadcasting to sell goods. Some time ago, it became popular outside the circle, causing Hong Kong stock New Oriental Online to increase by 8 times. I did the math and found that on average each additional fan brings a market value of HKD 2,000! Of course, this is undoubtedly a huge bubble, and it would be good if it eventually triples.
The next trillion-dollar revolution, that is, the technological revolution, is being nurtured in the recession cycle. However, no one can tell whether it will be new energy vehicles, VR, wearable devices, or biomedicine.
