大牛市过了,不能只看到“资本盛宴”的光鲜一面,却忘记了世上没有免费午餐不过是三五年,沧海已经桑田。三五年前,中国的创业企业跟在海外资金身后,拱手捧着大把股权,盼望能换回少许救命的资金;三五年前,中国的房地产企业快被紧绷的资金链逼疯了,愿意以20%甚至40%的资金回报率从海外或者其他任何渠道获得资金。 Big bull passed, can not only see the glorious side of the “capital feast”, but forgot that there is no free lunch in the world, but three to five years, the sea has been mulberry fields. Thirty-five years ago, China’s start-ups followed the overseas funds behind and handed over a large shareholding interest in the hope of getting a little help in changing their life-saving funds. Three to five years ago, real estate companies in China were being driven by the tight capital chain , Is willing to 20% or even 40% of the rate of return from overseas or any other channel to obtain funding.