As a product manager, the experience of successfully "dry yellow" a company is also commendable. Times have changed, and I recall that year when many people in the company were in high spirits, holding the market's valuation report of {100} million, looking at the monthly transaction flow of 100 million, as if financial freedom was at hand, and the scene of ringing the bell with the boss appeared many times in the fantasy of the morning meeting of various departments. But in that special era, I suddenly found that the company's self-operated stores across the country were continuously losing money, franchise stores queued up to cancel contracts, and the burn subsidy finally led to insufficient account balances. The arrival of the off-season of trading without warning caused the capital markets to lose patience. Finally... On the morning of the 27th day of the twelfth lunar month, the boss decided to pay off the last month's salary of the only {2 million} left in the account, and then made that decision: dissolve the company, each
If you travel back to ancient times, what is the most unbearable thing for you? Presumably most people will say: "No WiFi!" For modern people, life without fast information is simply unimaginable. However, many film and television dramas also tell us that when there is no WiFi, there are still many ways to quickly transmit information, such as lights. In the period film "Twelve Hours in Changan", the lookout tower of Changan City uses 12 squares to transmit information. Each square can be lit or extinguished with a light. There are as many as 212 permutations and combinations, representing a variety of different information, or can be said to transmit 12 bits of information. Is this method really reliable? Did the ancients really use these methods to communicate? In the absence of mobile phones and the Internet, is the artificial way of sending messages in the two films true?
Just after midnight on Friday, July 31st, a subscription channel called Todd Capital Options Community in the Slack community was buzzing. The $20-a-month channel was popular with thousands of options newbies. Unemployment in the United States soared during the epidemic, and the government was desperately trying to prevent the economy from collapsing. But the channel members were partying all night, and it was no exaggeration to say that this was like 1999, the height of trading before the dot-com bubble burst in March 2000. Despite the epidemic, Amazon, Apple, Facebook and Google all released eye-popping financial results. At a time when U.S. gross domestic product was plummeting at a rate of 33%, these technology companies' combined revenue for the quarter reached
The black swan struck in 2020, the venture capital industry also suffered a serious impact, fundraising was more difficult, the active level of investment also dropped significantly, and the entire industry was frozen. CVSoruce investment data shows that the VC/PE market entered a battle of life and death in 2020, especially small and medium-sized institutions are facing multiple pressures, generally running at a low level to survive in adversity. The number of newly established institutions and raised funds has further declined by about 30% on the basis of 2019, which is already in a cold winter state. In terms of investment active level, the number of investments in the past May has dropped by nearly 60% compared with the previous year. At such a moment, the investment network "LP/GP investment 10 questions" invited the leaders of twelve heads and GP LPs in the market to sit down and have a face-to-face in-depth exchange and discussion, and face how to deal with this full of
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