Although the Nasdaq index plummeted after reaching its highest point on the 10th, no one thought it was a stock market crash at that time.
After BluePoint Technology went public in the U.S. Third Board with a market value of up to $545 million, which was reported by an authoritative newspaper in the south, Deng Yu and his colleagues naturally became even more important figures in China's Linux in their own field. Their reputation became famous overnight, and Tianxing Daoguan was mentioned many times because of the background in the report.
However, in this report, the fact that the Blue Dot people received instructions from Cheng Ran to invest in him was blurred.
The four people roughly speculated about Cheng Ran's private placement, and it was unknown how deep the water was. Secondly, Cheng Ran's family had a background in Fulong Company, especially since Fulong was in a period of transformation at the moment. Cheng Ran was not alone and his identity was sensitive. If he was exposed, he had to consider the impact of his own business behavior on Fulong Company.
For example, would this behavior make the outside world think that Fulong Company is short of money? Potential business cooperation and some ongoing negotiations may be disturbed by such details. For example, even they think that Cheng Ran cashed out because Cheng Ran actually has the investment business of Fulong Company behind him and is cashing out for Fulong Company.
Because of this, their subconscious perception was diluted, that is, if Cheng Ran's cashing out went smoothly... then it would be amazing now.
Tianxingdaoguan, an entrepreneurial center located in Chengdu, has once again become known to the public, and some people who have a slight impression of it may still find it somewhat familiar. When I first heard this name, it was somewhat related to a new female singer in the current music scene. This time, it has become somewhat prominent in some entrepreneurial circles and technology circles because of Blue Dot Technology.
Therefore, in April, the occupancy rate of office units in Tianxingdao Hall actually reached 80%. The remaining 20% was not because there were not enough applicants, but because the qualification review was more stringent.
As a public office room with the concept of "garage coffee", there are a lot of people every day. You can see groups of people having meetings and chatting here. On the public message board over there, someone leaves a difficult problem, someone else solves it below, and then the two sides sit down together. Similar things happen from time to time.
When Cheng Ran planned all of this out, it became an ecosystem in itself, and some of the results were even beyond expectations.
It’s a very “Kul” thing to do.
As for the people at Blue Dot Technology, there was a deviation between their subsequent development and Cheng Ran's initial plan. Originally the most promising Linux team in China, they failed in their listing in the United States. Cheng Ran was very enthusiastic at first and wanted to change this and leave a seed for China's startup system team... But this team was determined to charge into Gundam.
It is said that one’s original intention remains unchanged, but Cheng Ran can only let it go.
The Blue Dot group of people are determined not to turn back until they hit the wall. Maybe he can't fool them back. Even if there is some effect, they may still be unwilling to give up. They will always have the idea of raising capital and going public to experience the feeling of standing at the center of the stage. After a long time, it will become a root that is difficult to remove.
In this case, let's just go with the flow and let the Blue Dot group receive a wake-up call and know what the capital they are pursuing with all their heart is really like. It's not just the glamour that they see, but also the corpses of tragic defeat.
We need to let them turn around and work hard on technological research and development. Without going through many experiences, they will not know the value of such small bridges and flowing water.
As for Cheng Ran's suggestion to cash out 3%, he felt bad about it, but after seeing the high price on the first day of listing, they did not do so. Each person only cashed out a few million. In fact, it was just right, because if they had more money, their fighting power would be weaker.
Moreover, this tempering process is just in time. The nerves of the people in Blue Dot Technology are like being hit by a sledgehammer every time the Nasdaq stock index falls, one after another... Thinking about it, I still feel it is tragic and admire those who have experienced it.
But the result after this tempering is more worth looking forward to.
As the stock market crash was approaching, Li Mingshi and Lin Xiaosong from CQ would think of what Cheng Ran had once told them about preparing for the cold winter.
Especially for Lin Xiaosong, this concept did not appear all at once. After all, the Nasdaq's decline was a process of continuous decline in stages. Only when he looked back and summarized it to a certain extent, those parts of his memory about what Cheng Ran said would appear clearly.
That day, their number of users exceeded 600,000. Cheng Ran allocated 300,000 yuan and purchased two servers for them.
"None of these similar software can compete with us, and our goal is not to surpass them. Our goal is to expand and survive."
“Because winter may be coming.”
Now thinking back on this sentence, some of the subsequent actions were so accurate that it makes one's hair stand on end.
Lin Xiaosong knew that this was not a prophecy, but more likely a prediction, because the idea of an investment bubble had existed before. However, not everyone could see beyond the surface phenomena and see the inner essence.
"The situation of Nasdaq is so dire, it's falling every day. Isn't the big boss active in the United States? Do you think that with the plunge of Nasdaq this time, his assets will shrink seriously? It's almost certain. Now, as long as you touch this area, you will definitely lose money. The difference is how much." When on a business trip with Zhang Yu, Zhang Yu's words brought the distracted Lin Xiaosong back to reality.
Lin Xiaosong hesitated and said, "Maybe...right?"
"Then we have a long way to go..."
Lin Xiaosong looked over and asked, "What do you mean?"
Zhang Yu asked, "Will they make a huge loss and hurt innocent people, and sell out our Huazhang?"
Lin Xiaosong had a complicated expression, "It hasn't come to this yet..."
"You have to help me."
"Um?"
"You have a good relationship with the higher-ups. If the boss really has such an idea, you should tell me and give me a chance to talk to prove my and the company's value." Zhang Yu said.
"It shouldn't be that serious." Lin Xiaosong thought to himself that this was really a big deal. The somewhat dull Zhang Yu actually said this on his own initiative. Sometimes a lie requires countless lies to cover it up, and then things just went up and down with the waves.
"I know," Zhang Yu observed Lin Xiaosong's frown, but he misunderstood. "I know what kind of person Boss Chen is. He was able to let me know about Yancun Primary School and then help him in time of need. Such a person has a burning heart and is destined to be bound by friendship. If he loses a lot of money investing in the United States and needs capital turnover, he may have to divest some industries. If Huazhang is in this group but can't do it because of my feelings, it will become a thorn between the two sides. I just asked you to help me communicate with Secretary Zhao. If the big boss really thinks so, I hope to have a chance to talk to him. At least let him stay in Huazhang not just because of my feelings. I will let him see the value that I can bring to Huazhang. At least we can have a gamble and leave no regrets."
Lin Xiaosong said, "I don't think so."
"Just promise me first." Zhang Yu sighed.
Lin Xiaosong smiled bitterly and nodded.
Zhang Yu wants to talk to you, Boss Cheng, I don’t know how long I can hold on...
…
Cashing out through private placement will not affect the stock price. This is Cheng Ran's established strategic plan. Private placements generally give institutions and investors a discount. For Cheng Ran, who is in a hurry to leave, the cost of leaving at a 20% discount is actually a drop in the bucket.
"I also sold some of our put options in Philadelphia, but compared to this private placement... it's just a small profit... I should have bought more at the beginning." Zhao Qing, who had flown back and forth across the ocean several times in a short period of time, came back and explained various details to Cheng Ran as soon as he came back. At the end, he did not forget to add this sentence. After experiencing this incident, the whole person has completely transformed.
It is difficult to say how much money Zhao Qing has handled in such a short period of time, but he knows that this experience now puts him in the domestic manager circle, and he is the leader. In fact, in the relevant circles, he is already regarded as a figure like Dugu Qiubai. Some legends are already rising.
"For something like put options, it's enough to make a little money. It's not worth it to get a reputation as a "big short" for this matter, which will cost you your life. Anyway, what's being bought is your head." Cheng Ran said with a smile.
Zhao Qing rubbed his temples. "It can't be that serious, right?"
Cheng Ran said, "This is one side of human nature. In the United States, you can make money and be praised in many ways. You can snipe at companies and win the reputation of wolf nature and appear on Fortune and Business Week. They may give you a dark-style but stylish photo and make you famous. People in technology will say that you have entrepreneurial spirit and that you are a hardcore human elite. You run a media and make movies. You will shine in Hollywood or at the Oscars and be respected. Even oil companies will only scold you for being a good-for-nothing, and sometimes they will give you corresponding tolerance. You can even try to assemble two small objects and then sell them. Some people call this creation, but if you short sell a stock, it is moral corruption and it is destroying the system!"
"When the market is bad, the public will inevitably complain about the indulgence of greed and improper behavior. If people feel that they are being hurt and helpless, they will find the ones who should be punished in the chaotic situation."
"I'm sorry, but it's so convenient to pin the blame on short selling stocks. If you short sell a stock, you're playing Russian roulette. Guess who's going to shoot you with the bullet."
"I was about to jump off the building, and in the end I bought someone's life to take the blame for me. Who told you to short sell? If you short sell, there must be something behind the scenes. Humans have always been willing to assume the greatest malice of their own kind."
Cheng Ran said, "So, have you seen any big short sellers in history who dare to be too active in the formal circle? We should not block our own path now. Even if there is no such thing as hiring a killer, if everyone calls for a beheading of us once we show up in the future, it will be tragic."
Zhao Qing's eyes widened as he asked, "So I should be thankful that you didn't make a fortune from this?"
Cheng Ran smiled bitterly, "I just bought some randomly and bet on both sides. How could I know that it would really collapse?"
Zhao Qing took a deep breath and said, "I feel like I have saved my life."
Then he took a note handed to him by Cheng Guoran.
"What's the meaning?"
"Burn after reading." Cheng Ran said seriously, "Save the market. I have feelings for the companies above. We can't let them go bankrupt. Even if our power is meager, it's time for us to do our part for the cause of humanity."
Zhao Qing looked at the note and then at Cheng Ran.
"I always feel like you're up to something bad again..."