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MTL - Wall Street Legend - Chapter 231 VCs
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... with the completion of the four major backbone networks, by 1996, the Huaxia Internet industry began to enter an active period. After experiencing the Internet bubble in previous years , People began to look at this industry rationally, knowing that a company should not only have ideas, but also have long-term plans and goals.
One of the benefits brought by the Internet bubble is that people began to put "profit model" and "growth" in an important position, and judge whether a company is ...
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