i黑马 . 让创业者不再孤独@i黑马 以下文章来源于i黑马 ，作者i黑马 吴世春 梅花创投合伙人、黑马加速导师 早期创投，确实是比较难。 所以，如果以10年来看的话，我们肯定看过 40000-50000个 项目。 我一直相信： 所谓的收益，都是跟伴随着困难和高风险来的。 你能克服多少困难，你就能获得多少收益； 你能化解多大风险，你就能得到多少酬劳。 所以，早期投资肯定有它的难点，但是我相信， 只有极少数优秀机构能够坚守在早期。 现在一个企业从早期开始发展，要上 A 股、上科创板，大概需要 12-15 年。 所以，现在早期的钱，很多时候是支持不了这么长时间。 但我们也有一些新的办法，来去解决这样的问题。 我们一直坚守在早期投资领域，而且还能够就持续投资项目，说明我们有这样的能力。 现在我们一年大概要看 5000 个 项目，最后能够进入详细流程的大概是 1 000 个 项目，能 够上会的大概是 200 个项目，最后能过会的大概是 60 个项目。 目前，我们管理着有好几个城市的钱， 基金规模超100亿。 此前，我们投资、陪跑的企业已有 600多家 ，并陪伴 13家企业 完成了上市。 今年，我们至少还要 投五十家企业 ...

Group 1 - The core idea emphasizes that entrepreneurship is a collective effort, requiring founders to have a broad vision and an open mind [1] - Teams should consist of two types of individuals: those who can inspire and communicate effectively, and those who are goal-oriented, proactive, and willing to take responsibility [1] Group 2 - The article promotes a learning and networking event led by Wu Shichun, scheduled for June 19-21 in Wuxi, aimed at exploring investment opportunities in a trillion-dollar market [2] - The event features a special guest, Huang Hao, co-founder of Luming Robotics, who is typically hard to invite [2] - The event costs 12,800 yuan per person, with an early bird price of 9,800 yuan, and has limited availability [3]

Core Viewpoint - The article highlights the rise of Pop Mart, which has surpassed traditional industries in wealth rankings, particularly overtaking the previous top billionaire in Henan, Qin Yinglin, through its innovative approach to consumer products and branding [3][10][22]. Group 1: Company Performance - Pop Mart's stock price has surged by 174% this year, with a staggering increase of over 11 times since the beginning of 2024, reaching a closing price of 250.8 HKD and a market capitalization of 336.8 billion HKD [10][12]. - The founder, Wang Ning, has seen his wealth increase to 205 billion USD, surpassing Qin Yinglin's 163 billion USD, making him the richest person in Henan [10][12]. - The success of Pop Mart is attributed to its deep operational strategy around intellectual property (IP), particularly the Labubu character, which has resonated with the younger generation [16][18]. Group 2: Market Dynamics - The article discusses the competitive landscape, noting that traditional industries like pork production have been challenged by new consumer brands like Pop Mart and others such as Honey Snow Ice City [3][4][5]. - The rapid growth of Pop Mart's overseas revenue, which increased from 1.066 billion CNY in 2023 to 5.07 billion CNY in 2024, indicates a successful expansion strategy targeting young consumers in Europe and America [19][20]. - Analysts predict that the Labubu IP could become a "super IP" comparable to Hello Kitty, with projected sales growth from 3 billion CNY in 2024 to 14 billion CNY by 2027 [20]. Group 3: Consumer Trends - Pop Mart's strategy focuses on selling emotional value rather than just toys, appealing to Gen Z's desire for individuality and emotional connection [16][18]. - Limited edition and collaborative products, such as the Labubu items, have become highly sought after in the collector's market, with prices skyrocketing in secondary markets [19][20]. - The article notes a potential risk of market saturation, as consumer preferences may shift rapidly, similar to past trends in collectible markets [22].

每日金句 对了，我们这次还特意邀请了 鹿明机器人的联合创始人黄浩 作为特邀嘉宾，平时很难请到。 活动详情如下 ↓↓↓ 费用： 原价 12800元/人，早鸟价9800元 /人 （名额有限） 地点： 无锡 时间： 6月19日-21日 黑马营22期1课，2021.4 这里认真推荐你： 报名 吴世春·无锡游学， 6月19日-21日 ， 跟吴世春一起去 无锡 ， 深入梅花创投投资版图， 打开万亿赛道蓝海，咱们 边游学、边提高、边拿钱！ 把企业搞大之前，你要想清楚 4 个问题：你具备搞大的能力吗？真的搞大了 之后你能驾驭吗？有必要吗？你具备好的运气吗？创业者成长要积小胜为大 胜，积少成多。 王石丨万科集团创始人 ...

Core Viewpoint - The article discusses the phenomenon of "involution" in consumer culture, highlighting how similar offerings in shopping and dining experiences lead to a lack of uniqueness and excitement in local markets [1][3][4]. Group 1: Examples of Involution - Many famous local streets in China have become homogenized, offering the same types of food and souvenirs, which detracts from the authentic local experience [1]. - Major shopping centers in China exhibit similar patterns, with identical luxury brands and products across different locations, making shopping a monotonous experience [2][3]. Group 2: Causes of Involution - The primary reason for involution is that businesses tend to replicate each other's offerings, leading to a lack of differentiation in the market [4][8]. - The case of Shimokitazawa in Tokyo illustrates this issue, where the influx of chain stores diminished the area's unique character and appeal [5][7]. Group 3: Solutions to Involution - To combat the loss of uniqueness, Shimokitazawa began to reject chain stores and instead welcomed distinctive local shops, such as those selling organic vegetables and unique records [10][12]. - This strategy successfully revitalized the community, demonstrating that embracing uniqueness can restore vibrancy and interest [12]. Group 4: Unique Offerings as a Solution - The article emphasizes the importance of unique offerings, as seen in a flagship store of Tommy, which features exclusive items not available in other locations [13][14]. - The concept of limited availability enhances the value of products, suggesting that uniqueness is a scarce resource in a world of sameness [15].

Core Viewpoint - The article emphasizes Huawei's resilience and commitment to overcoming challenges, highlighting the importance of foundational research and the company's strategic investments in R&D despite external pressures [2][3][12]. Group 1: Challenges and Resilience - Huawei's CEO Ren Zhengfei expresses a mindset of not dwelling on difficulties but focusing on progress, stating, "Don't think about difficulties, just do it step by step" [3]. - The company acknowledges the challenges posed by external pressures, particularly in the semiconductor industry, but emphasizes that many Chinese chip companies are making significant strides [4][5]. - Ren highlights the importance of education and talent development in overcoming challenges, indicating that China has the potential to excel in mid-to-low-end chips and compound semiconductors [5]. Group 2: Research and Development - Huawei invests approximately 180 billion yuan annually in R&D, with around 60 billion yuan dedicated to foundational theoretical research, which is not subject to performance assessments [12]. - The company believes that without foundational research, breakthroughs are unattainable, and this investment is crucial for keeping pace with global competitors [12]. - Ren stresses the need for strategic patience in supporting theoretical research, as significant scientific breakthroughs often take decades to materialize [9][11]. Group 3: Social and Economic Context - The article discusses the role of socialism in facilitating infrastructure development in China, contrasting it with capitalism's profit-driven approach [14][15]. - Ren argues that the socialist market economy is essential for building critical infrastructure, which supports industrial and agricultural modernization [15]. - The discussion includes the importance of a unified market and the potential for overcoming external barriers through national unity and strategic openness [22]. Group 4: Future Outlook - Ren views artificial intelligence as a pivotal technological revolution for humanity, emphasizing China's advantages in youth population and infrastructure for AI development [16][17]. - He reassures that concerns regarding chip technology are manageable through innovative methods, and anticipates a future with diverse open-source software solutions [18]. - The article concludes with a positive outlook on China's manufacturing capabilities, particularly in integrating AI into production processes [19].

每日金句 有人说，互联网上大家只认价格，贵一点的商品很难卖。其实不是在互联网上 只认价格，而是在互联网上，价格之外的因素讲不清楚。如果你今天要做零 售，在线上要卖很容易做比较的商品，在线下要卖信息复杂度更高的商品。 刘润丨润米咨询创始人 黑马实验室加速导师 这里认真推荐你： 报名 吴世春·无锡游学， 6月19日-21日 ， 跟吴世春一起去 无锡 ， 深入梅花创投投资版图， 打开万亿赛道蓝海，咱们 边游学、边提高、边拿钱！ 对了，我们这次还特意邀请了 鹿明机器人的联合创始人黄浩 作为特邀嘉宾，平时很难请到。 活动详情如下 ↓↓↓ 费用： 原价 12800元/人，早鸟价9800元 /人 （名额有限） 地点： 无锡 时间： 6月19日-21日 ...

以下文章来源于易简财经 ，作者陈璐瑶 易简财经 . 聚焦中国最有投资价值的公司 投资人懵了。 来源：易简财经 作者： 陈璐瑶 编辑 ：张恺翀 6 月 3 日 ，据报道，从杭州上城区分局经侦队获悉，浙江永坤控股有限公司 ( 简称：永坤控股 ) 相关人员涉嫌非法吸收公众存款，已对该案 立案调查。 图片来源：网络 永坤以所谓的 " 黄金托管 " 服务 吸引 投资者 ：你买下黄金但不提货 ，金价上涨 ，公司会支付收益，金价下跌，公司就退钱送积分。 该公司出具的一份保单显示，截至 4 月 28 日，其在保黄金资产至少有 41 亿元，堪称最大黄金杀猪盘。 而永坤的实控人汪国海或许已经携款逃匿于美国，无法抓捕归案。 01 精心包装的骗局 为了让投资者乖乖掏钱，永坤可是下了不少功夫包装自己。 实控人汪国海，据说是中国最早一批高级黄金分析师与上海黄金交易所注册交易员，前途无量。 2008 年，中国黄金市场刚开放，汪国海敏锐地察觉到黄金投资的巨大潜力，决定辞职创业。 企查查显示， 2014 年，永坤控股正式成立，注册资金 1.12 亿元。目前，汪国海仍为法定代表人。 在官网，永坤自称旗下拥有多家珠宝企业，包括永坤黄金、永坤黄金珠 ...

Core Insights - The article emphasizes the importance of adaptability and resilience in entrepreneurship and investment, highlighting the need for a proactive approach to challenges and opportunities. Group 1: Entrepreneurial Mindset - The pursuit of absolute security is discouraged; instead, a relative sense of security through strategic positioning is recommended [2] - Emphasizes the importance of being a Stoic, preparing for worst-case scenarios while maintaining a flexible mindset [3] - Establishing a personal recovery mechanism is crucial for mental, physical, and financial well-being [4] Group 2: Networking and Influence - Becoming a key node in social networks requires contributions and generosity, which can take various forms [5] - Transforming personal values into recognizable concepts enhances individual branding and influence [6] - Actions should stem from a sense of contribution rather than sacrifice, as the latter can lead to negative perceptions [7] Group 3: Resilience and Growth - Adopting a survivor mentality fosters understanding and gratitude towards societal changes, avoiding victimhood [8] - Striving for the best possible state without overextending oneself is essential for sustainable performance [9] - Mastery of scarce skills is identified as a critical factor for overcoming challenges in entrepreneurship and investment [10] Group 4: Personal Development - The development of mental strength comes from practical experiences, challenges, and systematic thinking [11] - The significance of "tinkering" varies between the wealthy and the less fortunate, with the former benefiting from stability [12] - Personal transformation relies on cognitive awakening, often achieved through significant struggles [13] Group 5: Rules and Adaptability - Rules are perceived differently by various individuals; the strong create rules while the ordinary follow them [14] - High achievers should cultivate a multifaceted identity, adapting to different situations and perspectives [15] - Emphasizes the importance of starting projects even if conditions are not perfect, as excessive refinement can hinder progress [16] Group 6: Evolving Happiness - As individuals age, the nature of happiness should evolve from sensory pleasures to deeper, more sustainable forms of joy [17] Group 7: Investment Strategy - The company currently manages funds exceeding 10 billion, indicating significant financial capacity [18] - Over 600 companies have been invested in, with 13 successfully going public, showcasing a strong track record [19] - Plans to invest in at least 50 more companies this year, with an expected outlay of nearly 3 billion [20] - The goal for 2025 is to become the most active early-stage investor in China [21]

Core Viewpoint - Loneliness is predicted to become the biggest economic trend in China over the next five years, with emerging products like AI companionship and AI pets addressing this need [3]. Group 1: Fourth Consumption Era - The concept of the "Fourth Consumption Era" refers to the rise of the single economy, characterized by individual consumption patterns such as solo dining, solo travel, and pet ownership [6][11]. - The shift in consumer values has moved from a focus on luxury and fashion to a desire for inner satisfaction, emotional experiences, and connections with local traditions [7][9]. Group 2: Changes in Consumer Behavior - The Chinese consumer market is experiencing a transformation towards rational consumption and value-for-money pursuits, with a growing trend of consumers prioritizing cost-effectiveness over brand prestige [9]. - There is an increasing emphasis on emotional fulfillment and experiential consumption, with markets for travel and cultural entertainment expanding as consumers seek personal growth and emotional experiences [9]. Group 3: Emergence of the Loneliness Economy - The "Fifth Consumption Era" is anticipated to evolve into the "Loneliness Economy," driven by rising single rates, population decline, and aging demographics, which are critical trends for entrepreneurs to consider [11]. - The early development of one-person economy products in China mirrors trends seen in Japan, indicating a significant market opportunity [11]. Group 4: Learning from Japan - The article suggests that there are lessons to be learned from Japan's existing consumption industries, which could be adapted to the Chinese market [12]. - A seminar featuring industry leaders will explore the localization of Japanese consumption strategies to the Chinese context, focusing on efficiency, demand reconstruction, and capital breakthroughs [13].