The so-called culprit of the mutual refusal to take over - VC?

It is understandable for ordinary people and small institutions to say such things.

If it is a leading institution or enterprise in the industry, then it is time to reflect on it.

The 80/20 rule is very universal and applies to any market environment.

The reason for the current situation is that

it is because of value mismatch, not because there is a problem with value investment.

Creating bubbles on the wrong path, making the only 20% of value disappear, the final outcome is to end with the definition of a scam.

It reminds me of a certain 🐰, who has been grasping sesame seeds and throwing watermelons for a long time and can't find the north.

Value investment itself will never have problems, but people and market atmosphere will have problems.

The root cause is that there is a problem with the underlying technical direction. What should be done is to stop and reflect, rather than blindly blowing bubbles.

Blind worship without opinion! !