总有投资人怕错过风口,想投进去赌第三、四名能不能被收购。但是,当主流基金已经基本进场,收购第三、四名已经改变不了竞争格局,就是没有多大价值的资本加速了行业的发展,个别项目会急速聚合巨大的资本,资本的力量比以前大很多。当年,我们认为京东是很烧钱的模式,可是回头来看,京东上市前也只融资12亿美金,而滴滴已经融了150亿美金,美团融了70亿美金,而且还都在继续融资。和当年的滴滴相比,ofo的模式管理上更复杂,从供应链、维护到调度等等。在资本的洪流下,很多运营 There are always investors afraid to miss the outlet, want to vote into the third bet, four can not be acquired. However, when the mainstream funds have basically entered the market and the acquisitions of the third and fourth quarters have not changed the competitive landscape, there is little value in accelerating the development of the industry. Individual projects will rapidly aggregate huge capital and the capital is much larger than before . That year, we think Jingdong is a very burn-making model. But in retrospect, Jingdong raised only 1.2 billion U.S. dollars before it went public, while the drops have melted 15 billion U.S. dollars and the U.S. group has melted 7 billion U.S. dollars, all of which are still continuing Financing. Compared with the current year’s drops, OFO’s model management is more complex, from the supply chain, maintenance to scheduling and so on. In the torrent of capital, a lot of operations