At that time, no one thought that miHoYo could become so big.

In contrast, the impact of the financial crisis at the beginning of the second cycle on China's Internet industry was not subversive, but more profound.Therefore, instead of looking forward to the end of the cold winter, it is better to start a career that does not need to be feared in any cycle.

In the same year, the number of Internet users in China reached 2.1 million, doubling within half a year. Dr. Craig Barrett, President of Intel Corporation, came to China and issued a warning to "jump on the high-speed train of e-commerce!"From 1999 to 2000, 43 listed companies in China changed their names to concepts involving "technology", "information" and other concepts. The increase before and after the name change was as high as several times; companies from all walks of life have registered with .com Or .net label; hundreds of start-up companies have been established, and fanciful business models are popular everywhere.After the Millennium bubble faded, the first-generation portal Yahoo gradually declined. However, NetEase achieved net profits in the second quarter of 2002 and began to lead the Nasdaq. In October 2003, NetEase's stock price exceeded 70 US dollars, which was higher than The historical low on September 1, 2001 climbed 108 times, and founder Ding Lei became the richest man in mainland China.

A common view is that capital has no shortage of money, but lacks the courage to invest money because they want to find companies with real core values rather than just paying for wonderful stories.Twenty Years of the Rise and Fall of China's Internet In 1999, a brand-new theme emerged in China's Shanghai and Shenzhen stock markets - "Internet Concept".

” This also overturns the saying that "VC is short of money".

This is the first cycle in the Internet industry from craze to trough and then to rise again.Marketing can indeed let more people know about your products, but the only way to retain customers is the real product quality.

In 1992, Zhang Lan rented a 102-square-meter grain store on Dongsi Avenue in Beijing and opened the "Alan Hotel". A group of local bamboo workers went up the mountain to cut bamboo, and transported the 13-meter-long bamboo to Beijing by train.The 300 million yuan to build the Orchid Club, the lofty decoration, and the marriage of her son Wang Xiaofei and Da S have made South Beauty's image of "LV in the catering industry" deeply rooted in the hearts of the people, and Zhang Lan has become famous because of it.

Some netizens complained: I went to Shenzhen once with my friends and ordered a pulled yam. After eating it, I felt that if the pulled yam in our village was made like this, the chef would really have no need to mess with it.The men who work with me are all Indian men, but none of them will help you move.