How can I put it? In fact, it is not so accurate to attribute Sun Zhengyi's investment failure to the end of the Internet money burning era, but it is indeed the main reason for Sun Zhengyi's investment failure. Son likes to invest in those internet companies, and I don't know why. It may be because Masayoshi son once invested in a certain place and earned hundreds of millions, even hundreds of billions, which directly made Masayoshi son float to the sky. Just five or six years ago, it happened to be the glorious period of a company, and Sun Zhengyi was a shareholder of a company. He followed a company in the era of burning money on the Internet to seize the market, and finally invested in several very successful enterprises. This time, it may be the illusion that Masayoshi Son believes that I can win if I give enough money. Later, Masayoshi Son began to invest crazily in those internet companies, and everyone knew the ending.
If we look at Sun Zhengyi's investment history, when he invested the most, it was also the craziest time when the Internet burned money. At that time, the Internet, the losers were only investors and enterprises, and the winners were customers and businesses. However, this unhealthy competition mode caused several thunders, and then the relevant departments intervened, because they could not play like this any longer. If they continue to burn money like this, the country's economic development will be affected. Moreover, this investment concept in the era of burning money on the Internet is to make money by monopoly. No matter how much money you lose, the first thing is to beat all your peers, let them monopolize the market, and then take your time.
Generally speaking, the failure of Sun Zhengyi's investment stems from the end of the era of burning money on the Internet, because the era of burning money on the Internet is too barbaric and will affect economic development. Relevant departments intervened to stop it. The idea of burning money to seize the market and then harvesting failed, and investors ran away at first sight. Masayoshi son has invested so much that he can't run away, so naturally he will stop eating.