During these two days in New York, Zhou Buqi met some people and felt the volatility of the current economic environment.

On the one hand, the world is letting loose money and there is too much hot money.

In order to beat inflation, the best option is to invest and leave your money to the big funds on Wall Street to take care of it.

On the other hand, the subprime mortgage crisis has a great impact and risks.

Many high-quality investment products have become the objects of crazy pursuit by big funds, such as Nasdaq technology stocks, such as Hollywood movie platter investments, such as crude oil futures... These industries seem to be related to the subprime mortgage crisis.

Not big.

Opportunities and risks coexist.

Most people really can't grasp it.

If you want to make the most money in the great changes, you must either go long or go short.

Choosing one of the two is a gamble.

Therefore, these types of private equity funds are relatively small in scale, and they may go bankrupt if their bet fails. Those large funds with tens or hundreds of billions of dollars have too much behind them, and their strategies will be relatively conservative, often hedging investments and diversifying investments.

Control risks.

It stands to reason that the big funds have the right idea.

Unfortunately, they underestimated the dangers of the subprime mortgage crisis.

If it breaks out completely, the harm will spread to all walks of life...

The subprime mortgage crisis robbed the American middle class of their lifetime wealth and was a huge financial disaster. However, this has nothing to do with Zhou Buqi. Let alone a foreigner, even in Wall Street, there are disasters that many people are looking forward to

Come quickly and take advantage of the opportunity to make a fortune from the national crisis.

The impact of this is too bad.

It is not convenient for Zhou Buqi to stand on the front desk and act as a foolish financial backer behind the scenes. He can find a private equity fund that is actively short-selling and earn some pocket money.

After solving this matter, Zhou Buqi felt that the situation was urgent and imminent.

When I returned to the hotel in the evening, I had a new plan for Ziweixing’s Series B financing.

Zhou Buqi had a video call with He Yang and made a request, "Immediately prepare relevant materials for due diligence and start negotiations for round B as soon as helo is officially launched."

He Yang was a little surprised, "In such a hurry?"

Zhou Buqi said: "We can't delay it. The situation in the United States is very tight. There are more and more voices in the media. Many economists are looking down on the future economy. Taking advantage of the current global flood, Nasdaq

Technology stocks are soaring all the way, let’s complete the financing quickly to avoid long nights and dreams.”

He Yang understood what he meant, "Are you saying that the global economy will weaken in the future?"

Zhou Buqi said: "This is another topic. The top priority is to immediately launch the B-round financing plan."

He Yang was silent for a while.

For those who didn’t know, I thought the internet was disconnected.

After half a minute, he said slowly: "If the subprime mortgage crisis is really out of control, the economy will really go down in the future... It is also possible that it will affect technology companies."

Seeing that he was still analyzing the pros and cons, Zhou Buqi said angrily: "No need to analyze! Just do it right away as I said!"

He Yang was speechless and said: "The role of the gold coin wallet system needs time to be reflected. After helo is launched, the tens of billions subsidy strategy will also take time to digest. If it is delayed by one month, we can come up with something more eye-catching.

Data is more convincing in front of capital.”

Zhou Buqi said: "No need, here in the United States... Humph, there is too much money now and too few high-quality projects. Hot money is pouring into Wall Street crazily, but those big funds are worried about the subprime mortgage crisis and are diversifying their investments.

.At this time, venture capital investment in the primary market is even less risky than pursuing high prices in the secondary market.”

In order to outperform inflation and prevent wealth from shrinking, many large funds are looking for good projects all over the world.

They all went to Hollywood to invest in movies.

It can be seen how anxious these people are.

Seeing that the big boss was so resolute, He Yang said nothing more and asked the most important question, "How much is the valuation?"

Zhou Buqi asked: "What did Nie Caijun say?"

He Yang said: "During the A round, Ziweixing's valuation was US$12.5 billion. The current revenue is 2.6 times that of that time, and the profit is about 2.2 times. If we look at the profit and the constant price-to-earnings ratio, it can be estimated

$27.5 billion.”

"It's not high..."

"ah?"

He Yang was stunned, he was so angry and funny.

A valuation of this scale is definitely the first in China. Looking at the world, it can also be ranked high. Among Internet companies, it will be ranked fourth in the world after Google, Amazon and Yahoo.

Google, in particular, has soared recently, with its stock price exceeding US$700 and its market value of US$220 billion, which is almost the same as Microsoft.

At present, Wall Street investment banks are collectively optimistic about Google under the flood market, believing that Google's stock price will continue to rise. It is only a matter of time before it exceeds US$1,000, and it is very likely to exceed US$2,000!

The situation is really chaotic.

While shouting loudly to be careful and preventing the subprime mortgage crisis, he also called on everyone to buy technology stocks. It seems that only technology stocks can withstand the financial risks that may arise next.

Zhou Buqi didn't care about that. The higher Google's stock price, the better. He hurriedly cashed out and left. He mused: "Ziweixing is in a high-growth stage. Measured by profit and price-to-earnings ratio, it's too much of a loss. Let's draw the big pie."

Well...I'll draw a red line for you, if it's less than a valuation of US$30 billion, no need to discuss it!"

"Ah?" He Yang was a little surprised, "No need to talk?"

Zhou Buqi said easily: "The current situation is that people have money and can't spend it, so they are crazy about buying technology stocks on Nasdaq to avoid risks. Investing in the secondary market will not give you the return of investing in the primary market."

The rate is high?”

He Yang was a little worried, "This price is too high."

Zhou Buqi said: "When negotiating, we can emphasize that we are a Chinese enterprise, which is one of our major advantages. Once the subprime mortgage crisis really lands hard, the whole world will suffer. Our system determines that we can have

Stronger defense capabilities. We are preparing to build two major headquarters parks, and we have received huge amounts of support and policy preferences from the government. Compared with technology companies in Silicon Valley, the risk of investing in Ziweixing is smaller."

He Yang thought for a moment, "Let SoftBank take the lead on this matter."

Zhou Buqi smiled and said: "This is certain. Not only should SoftBank take the lead, but SoftBank should also help to reach cooperation with Yahoo Japan."

"Well, okay..." He Yang breathed a sigh of relief, "By the way, I heard that Tang Binchen is already recruiting a team and is taking action?"

"Um."

"Isn't that too hasty? I thought he would spend several months doing market research."

"The research is almost done, and the team is localized enough. Let's not interfere in this matter. Once it is done, everyone will be happy. It is not surprising if it fails. We will look for other overseas routes in the future."

Having said that, Zhou Buqi was full of confidence in Tang Binchen.

If even he can't do it, it will be difficult to find another person in the domestic Internet circle who can achieve results in overseas markets. Moreover, with the help of SoftBank, we can connect with Yahoo Japan.

Yahoo Japan is an amazing website.

It's a bit like a combination of "Baidu hao123 Taobao 58 Sohu Youku Ctrip" in China. As long as you reach a cooperation with Yahoo Japan and put your own products on it, you can get huge traffic support.

He Yang asked: "Is it a Twitter model website?"

"right."

“Has the website name been decided yet?”

"Not yet. It's called Weibo here in China. But in Japan... it needs to be renamed."

Speaking of this, Zhou Buqi was also helpless.

It won't work if I don't change it.

There are two sets of Internet mechanisms at home and abroad, which cannot be accommodated. Different speech controls are destined to have different product characterizations. For example, Douyin and TikTok are not different names, but two different products under the same model.

.The United States has not blocked it, but we must block it first.

When setting up a social networking site overseas, no matter what it is called, the first step is to self-block and prohibit domestic use.

I ended the call with He Yang and decided on the strategy for round B financing.

Next I checked my email, and unexpectedly I saw an email from Tang Binchen. He came up with some website names through some local people. The pronunciation and method similar to "Weibo" will definitely not work.

The Japanese admire cute, kawaii, and cartoon-like styles.

It must also be in English and have international characteristics.

A total of ten names were listed.

Zhou Buqi looked around and was deeply impressed by one of them. He almost subconsciously decided - this is it!

Yikyak.

The name is very interesting.

An especially important point is that, much like TikTok, it belongs to the same family.

With yikyak in his left hand and tiktok in his right hand, Zhou Buqi felt like he had caught the two weapons of Ziweixing’s overseas market at once.

Next, I communicated with Wang Xing about the 91 mobile assistant.
To be continued...