How did I "dry yellow" a company worth "more than a billion"?

How did I "dry yellow" a company worth "more than a billion"?

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
Windows 10X has been delayed. Can Microsoft learn to be a good system this time?

Windows 10 X delayed release, can Microsoft learn to be good this time?

According to a report by Windows Central, the Windows 10X operating system and third-party OEM devices have no hope of coming out this year. According to the original plan, Windows 10X released last year was supposed to be available to consumers by the end of this year. But since the first extension was announced in May this year, Microsoft announced another extension a few days ago. It is reported that the single-screen Windows 10X for enterprise and education will have to wait until spring 2021, and the version with dual-screen support may even have to wait until 2022. What is Windows 10X and what is its significance? You may be a little unfamiliar with Windows 10X sitting in front of a computer and using Windows 10. Micro
How have we become a pure "viewing animal" today?

How have we become a pure "viewing animal" today?

At the Shanghai Book Fair, while people are scrambling to buy books, they are also reflecting on the impact of online reading on us compared to paper reading. Nowadays, algorithms try to accurately push the information you are interested in to you. Even if the headline routine is old-fashioned, it is still tried and tested, and the articles we see are more and more pipelining. When reading is edited by algorithms, how do we become a pure "viewing animal", and why are social networks filled with extreme emotional words that take their own stance? What do we lose by not reading for too long? Where are our own lives by "watching how others live"? In this round table, we will talk about Internet reading. Title reading: Are we being algorithmically codified N: Content production on social networks has gradually been factory pipelining. Content is streamed as "
The high-end LiFi visible light communication technology has long been used by the ancients?

The high-end LiFi visible light communication technology has long been used by the ancients?

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?
LP bluntly: GPs under the 1 billion scale should not come to us

LP bluntly: GPs with a scale below 10 billion should not come to us

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
Why are there no high-end shopping malls in Chinese university towns?

Why are there no high-end shopping malls in Chinese university towns?

After the epidemic, the integration of industry and city based on university resources is becoming the focus of local policies again, and the development of commercial incremental projects and the operation of existing projects in the construction of corresponding new cities are gradually returning to the right track. However, for many young people, the commercial facilities around the university town are always unforgettable memories. In Stanford University, a famous Ivy League school, there is a large-scale high-end shopping mall with Hermès and LV, which radiates to Stanford University Town and even the entire Silicon Valley. Even, for a long time, this shopping mall has been independently operated and managed by the school. In this issue, we start from the case of Stanford Shopping Center to rethink the business logic and innovative strategies of domestic university towns. First, high-end businesses can also enter universities. How did Stanford do it?
American MUJI goes bankrupt, leaving little time for Chinese MUJI

American MUJI goes bankrupt, leaving little time for Chinese MUJI

MUJI, who has been growing on the altar, has not had much good news in the past two years. Last year, rumors of Muji's first drop in profits in China and a consecutive drop in selling prices during the 5 years were swift. Although it was quickly denied by the official, consumers did not buy it much. This year, the focus shifted to the United States. This time, it was more intimidating than the price reduction, and directly applied for bankruptcy protection. MUJI U.S.A's parent company, Liangpin Plan, said in the announcement that due to the COVID-19 epidemic, MUJI U.S.A stores were forced to close, and its performance plummeted. Costs such as high rents also worsened, causing the company's profits to deteriorate rapidly, and its liabilities have reached 6400 million US dollars. In response to this matter, Liangpin Plan has repeatedly emphasized that this move is not "bankruptcy" but seeks restructuring, during which business is carried out normally and will not affect operations in other regions, but I am tired of hearing about Muyin