At the end of last year, Zhang Hongtao went to Hanzhong, Shaanxi. On the shelves of the shopping malls, inferior clothes and 25 yuan pairs of shoes were everywhere. What I thought was a lot of things, which is common here.
Zhang Hongtao has lived in Beijing for many years. In 2017, his identity was also the vice president of Youku, responsible for the live broadcast. After coming out of business, the biggest problem he considered was that the traffic dividend disappeared and the speed of Internet radiation showed an edge effect. He must look for people who have been neglected in the past, small cities and even villages outside the first and second tier cities.
In the venture capital circle, these places have a more popular name – sinking the market. The success of the fight and the fun headlines have caused the market to suddenly increase its gold content.