芳草碧天的个人主页 - 老虎社区

芳草碧天

芳草碧天

暂无个人介绍

IP属地：山东

102关注

4粉丝

4主题

0勋章

2021-07-14

涨跌无限，无常

2021-07-08

$每日优鲜(MF)$真好鲜

2021-06-17

$Infrastructure and Energy Alternatives, Inc.(IEA)$做空的股票真好，永远是长不高的童年

2021-06-03

日盼东亚涨，被套人儿得解放

2021-06-01

$Infrastructure and Energy Alternatives, Inc.(IEA)$这个十年也回不了本吧？老虎的宽慰应该是培养老韭菜吧

2021-05-26

一夕见证见证做空的力量：支撑位12.02没了，获利，获利占比少了一倍，成本也长了，真好！真是一夜回到解放前。

2021-05-24

$邮储银行(01658)$老虎也是见过世面的，不慌

2021-05-24

曾经很高的预期，也一度还不错，现在成了这个样子，连个支撑都没有了

2021-05-23

天天夜里涨一大截，白天跌一大截，就像要爬出井底的蛙，小学生能算出来哪天井底蛙就能爬出井来，可谁能算出来这只价值股何时能恢复它的价值？做空的神秘力量让这股夜里飞涨，白天巨跌，让它的身高保持恒定

2021-05-17

阿里巴巴快点长

2021-05-12

$Infrastructure and Energy Alternatives, Inc.(IEA)$晒晒更有钱？虎友们小心，这只做空了百次的股票，你谈价值投资，做空者永远盯着你投资的价值，无药可救。

2021-05-11

$Infrastructure and Energy Alternatives, Inc.(IEA)$这就是价值投资被做空的模范

2021-05-11

就是为自己的鸡蛋多找了个篮子

抱歉，原内容已删除

2021-05-07

有理有据，逻辑性强，推理有合理性

抱歉，原内容已删除

2021-05-06

做空的力量有多大，和谁谈价值投资？！

2021-04-23

知乎应保持高品味，不宜急于不顾形象趴在地上，把手伸进小泥水洼里，翻找淤泥里的一分钱，应赢在高端。

知乎走向分水岭

2021-04-21

美国的话要反着听

2021-04-20

不知该相信谁了

@看遍世界景赚足天下钱:惨了，又是一地鸡毛

2021-04-13

资本市场还存在讲武德这个词？

抱歉，原内容已删除

2021-04-09

还以为是生产打印机的那个惠普呢

抱歉，原内容已删除

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href=\"https://laohu8.com/S/ZH\">知乎</a>正在迈向第二个十年。</p><p>3月26日，中国最大的问答社区知乎在纽交所上市，挂牌首日知乎收跌10.53%，报8.5美元，总市值47.5亿美元，截至4月7日，知乎股价回升至9.39美元，市值刚刚越过50亿美元关卡。</p><p>上市首日即破发，除了美国开始实施《外国公司问责法案》导致中股普遍忧虑之外，也有外界对知乎本身商业化能力的存疑和不看好。</p><p>成立于2010年的知乎，是目前国内最大的知识问答式在线社区。曾经与豆瓣被并称为“佛系”生长，专注于慢社区的知乎，在十年这个时间节点选择赴美IPO，正式走向了下一个阶段。</p><p>从最开始的封闭式专注内容社区到开放注册扩展用户，再到纽交所上市，知乎始终在探索流量变现的道路上。</p><p>回看知乎的发展，其实是一个不断走向开放，从小众变大众的过程。那么，在专注内容和努力变现的衡量中，知乎是如何取舍的？基于此，本篇文章，新眸将主要聚焦于以下三个方面展开分析：</p><p><strong>· 过去十年，知乎踩过哪些坑？</strong></p><p><strong>· 商业化对知乎来说有多困难？</strong></p><p><strong>· IPO后，知乎还将面临哪些挑战？</strong></p><p>01</p><p>定位偏移</p><p>从知乎的发展历程来看，大致可以分为以下三个阶段：</p><p><strong>2010年—2012年，封闭式社区1.0时代</strong>，知乎采用邀请制形式，保持内容质量，构建起一个良好的内容社区；</p><p><strong>2013年—2016年，开放社区2.0时代，</strong>知乎开始向公众放开注册，用户数量迅速增长，带来巨大流量；</p><p><strong>2017年至今，商业化探索3.0时代，</strong>知乎开始了流量变现的不断探索，从2016年引入商业广告，到2018年推出电子书产品，再到2019年上线新的会员体系“盐选会员”，直到最近的赴美IPO。</p><p><img src=\"https://d.ifengimg.com/q100/img1.ugc.ifeng.com/newugc/20210417/9/wemedia/262fb5dc6647c5ad7e3d94311e6bebcb640973c3_size63_w1268_h626.jpg\"/></p><p>图：知乎发展历程（来源：公司官网安信证券研究中心）</p><p>经过十年发展，眼下的知乎已经从一个小众的知识问答社区，变为一个综合性的在线内容分享社区。</p><p>根据公开数据显示，截至2020年12月31日，知乎的内容创作者累计达4310万人，合计贡献了3.15亿个问题和答案。2020年Q4，知乎的平均MAU为7570万，而同期月平均互动次数达6.76亿次。</p><p>这个成绩，知乎用了十年。</p><p>在1.0时代，也就是封闭式社区管理阶段，知乎用邀请制问答模式奠定了社区的知识调性，在完成平台内容和口碑的积累后，知乎开始开放用户注册，企图以良好的社区环境吸引大批用户进入，以此引入更多的流量。</p><p>凡事不可操之过急，在开放注册之前，知乎是一个只拥有200个受邀用户奠基的“小而美”的知识社区。一经开放注册，社区里随即涌入了大批用户，这些新进来的用户虽然在一定程度上丰富了知乎内容的种类，但带来的缺点也是显而易见的。</p><p><strong>即在关注的领域上，不再聚焦于科技、汽车、互联网等新兴高端领域，而更多关注的是情感生活、娱乐八卦领域，知乎<a href=\"https://laohu8.com/S/WB\">微博</a>化不可避免。</strong></p><p>相较于科技等较为硬核的话题，娱乐八卦门槛相对较低，回答者不再局限于某一领域的专业人士，更多的用户加入到了回答的环节，但是一千个人眼里有一千个哈姆雷特，对于这些没有标准答案的话题，回答往往有可能呈现两极化的现象。</p><p>有对立往往就会有争论，此时的知乎似乎不再是解决问题的社区，而成了围绕问题进行观点交锋的擂台，这似乎与知乎一开始的定位逐渐偏移了。</p><p>多数知乎资深用户都能明显感知到，知乎的内容质量正在直线下降。各种回答真假难辨，大量抖机灵式的回答甚至盖过了正经的知识分享，参杂着广告、低俗的信息也在社区内大行其道。</p><p>“人在美国，刚下飞机”、“知乎，分享你刚编的故事”等种种言论，都反应出一个赤裸裸的问题：<strong>知乎意欲建立的内容生态已经不可避免地在走下坡路</strong>。</p><p>新用户进入社区，看不惯老用户高高在上的姿态，老用户反过来同样不满新用户的到来，认为他们破坏了社区原有的知识调性，负气之下纷纷出走，新老用户彼此看不上眼，苦心经营的“小而美”的社区氛围正在逐渐消失。</p><p>针对于此，知乎的创始人周源也曾坦言：“<strong>一个很小的圈子，用户成万倍增长时，它的内容质量一定会严重下降。内容质量下降导致寻找优质内容的时间成本上升、优质回答受到关注下降</strong>。”</p><p>可以肯定的是，这种运营上的缺失，正在损害知乎的产品和品牌力。</p><p>02</p><p>内容付费难敌流量为王</p><p>知乎的收入主要由广告、付费会员和商务解决方案构成。</p><p>根据最新统计数据结果，2020年公司实现广告收入8.43亿元，同比增长46.1%，业务占比达62.4%；2020年公司实现付费会员收入3.20亿元，同比增长高达264%，业务占比达23.7%，较2019年的13.1%上升了23.7%。内容商业化解决方案于2020年新增，目前主要为“知+”解决方案。2020年公司实现内容商业化解决方案收入1.36亿元，业务占比为10%。</p><p><img src=\"https://d.ifengimg.com/q100/img1.ugc.ifeng.com/newugc/20210417/9/wemedia/c51eeffebeea01ca69d74ab6b69d0bdc3d6bd9fa_size19_w755_h477.jpg\"/></p><p>图：2020年知乎收入占比（来源：知乎招股书，<a href=\"https://laohu8.com/S/601162\">天风证券</a>研究所）</p><p>从中不难发现，知乎的广告收入过半占最大比重，而广告的收入占比高意味着用户在平台内浏览到的广告数量绝对不会少。事实也的确如此，从用户打开应用开始，几乎每一个步骤都埋伏着广告的陷阱。</p><p>为此，不少知乎的高质用户纷纷抱怨现在的知乎已经变了质，以前是打开知乎找答案，现在是打开知乎看广告。</p><p>知乎作为一个知识服务类的社区型平台，<strong>需要注意广告业务与用户体验的平衡</strong>，过多的广告可能会导致用户体验下降，进一步导致用户流失，社区质量下滑。</p><p>创始人周源在提到知乎的变现逻辑的时候，也曾有过这样的思考：在今天，知识从媒介和介质演化成为了一种商品，一种服务。<strong>而以知识为核心的知乎商业化变现的模式也应该从单一的知识付费的商业化慢慢跳脱，开始整合站内生态资源，走向平台服务变现的逻辑。</strong></p><p>从思考中不难看出，周源对于知乎的商业化逻辑主要是如下两个点：</p><p><strong>1、变现不再依靠用户流量变现，而主要依靠优质的平台服务实现变现；</strong></p><p><strong>2、变现方式不仅仅局限于单一的知识付费，而是以知识为核心，围绕知识展开的一系列内容变现。</strong></p><p>但就目前知乎的收入划分占比来看，这种说法仍然官方，甚至有些过于理想化。一个明显的悖论是，知乎如若想要围绕知识展开的一系列内容变现，则必然需要对现有的商业体系做出改变，或运营审核机制趋严、或引入更多新流量。</p><p>知乎在2016年正式引入商业广告，在2019年和2020年才分别引入付费会员和商务解决方案，对于知乎来说，目前仍处于商业化的成长期，要降低广告收入的占比，提高付费会员和商务解决方案的占比，还需要等待公司进一步企稳。</p><p><strong>而且，就目前知乎的已有的商业化路径来看，要降低广告收入占比，又不想企业的正常盈收受到影响，就必须想办法提高广告的转化率。</strong></p><p>要提高广告的转化率，就要从两个方面入手，一是降低获客成本，二是提高用户点击率。</p><p>想降低获客成本，就要压缩营销成本和人力成本，这意味着企业要么选择不宣传，完全靠自己目前已有的流量来吸引用户；要么就选择削减员工，将已有的人力成本压缩至最小。前者不够理性，后者不够人性。</p><p>想提高用户点击率，就意味着要投放用户感兴趣的广告内容，或选择时下正当红的明星为广告进行引流。这个过程又需要消耗人力和营销成本，与前一方面颇有些自相矛盾。</p><p>根据数据显示，<strong>当前知乎的日活用户渗透率为1.93%，月活用户渗透率为5.27%，较之同类知识社区来看依然存在差距。</strong>言下之意，眼下知乎的用户粘性较低，平台不能很好的吸引用户多次打开应用，反映在内容上，很可能就是内容不够吸引用户或内容不能满足用户的需求。</p><p>那么问题来了，作为一个内容平台，如果知乎的内容已经不能吸引用户了，又何谈依靠内容来进行商业化呢？</p><p>03</p><p>知乎还有更多挑战</p><p>从封闭到开放，从零到上市，对于任何一个企业来说，都不是件容易的事。</p><p>根据CIC数据显示，中国在线内容总体规模已超万亿，预计2025年到达3.7万亿元，相较于2019年复合年增速21.4%。其中在线内容的UGC和PUGC社区规模将在2024年前突破万亿，2025年到达1.3万亿元，相较于2019年复合年增速30.3%。</p><p><strong>广阔的市场发展前景，意味着将会有更多玩家入局在线内容市场，加剧市场竞争程度。</strong>面临竞争对手可能有用更多的资源，来激励优质内容创作者或对公司的业务合作伙伴进行投资、收购，知乎眼下所建立的壁垒，能不能挡得住仍是未知数。</p><p>就目前市场和公司两个方面来看，内容市场日新月异，知乎作为一个综合型知识问答社区，不可能在每一个垂直领域深耕，当内容不能满足用户需求，付费会员增长自然不及预期。</p><p>需要注意的是，<strong>用户成为会员的动机，更多的是为内容的专业度付费，但查看知乎的盐选会员业务就会发现，排在盐选热度榜单的前五名中小说占了四个名额，专业性又体现在何处，难不成知乎要成为第二个起点中文网？</strong></p><p>与此同时，知乎也在寻求在视频类内容领域的突围，结果也不尽如人意。</p><p>知乎走上的是一条“知识+图文+视频”的富媒介化道路，在图文向视频化的富媒介体制迁跃趋势下，知乎谋求视频化的发展无可厚非，<strong>关键是，内容与视频的匹配度是否适合？</strong></p><p>专业化的知识普及视频，需要把深奥的内容表达的浅显易懂并且富于趣味性，这其中需要考虑到从选题到拍摄再到后期制作等等一系列问题，知乎明显经验不足；而娱乐化的视频，知乎又无法与B站、<a href=\"https://laohu8.com/S/DYIN\">抖音</a>、快手等平台相抗衡。</p><p>由此可见，知乎未来的路，并不会太好走。</p></body></html>","source":"fenghuang_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>知乎走向分水岭</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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class=\"title\">\n知乎走向分水岭\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-17 09:15 北京时间&nbsp;&nbsp;&nbsp;<a href=https://tech.ifeng.com/c/85UavehlNTe><strong>新眸</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>新眸文娱组作品撰文｜亚婷编辑｜栖木知乎正在迈向第二个十年。3月26日，中国最大的问答社区知乎在纽交所上市，挂牌首日知乎收跌10.53%，报8.5美元，总市值47.5亿美元，截至4月7日，知乎股价回升至9.39美元，市值刚刚越过50亿美元关卡。上市首日即破发，除了美国开始实施《外国公司问责法案》导致中股普遍忧虑之外，也有外界对知乎本身商业化能力的存疑和不看好。成立于2010年的知乎，是目前国内最大的...</p>\n\n<a href=\"https://tech.ifeng.com/c/85UavehlNTe\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://d.ifengimg.com/w144_h80_q90/x0.ifengimg.com/ucms/2021_16/7A1849983DF0EFE65D89F5B6F4A262CA3E57BE00_size28_w698_h392.jpg","relate_stocks":{"ZH":"知乎"},"source_url":"https://tech.ifeng.com/c/85UavehlNTe","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128262854","content_text":"新眸文娱组作品撰文｜亚婷编辑｜栖木知乎正在迈向第二个十年。3月26日，中国最大的问答社区知乎在纽交所上市，挂牌首日知乎收跌10.53%，报8.5美元，总市值47.5亿美元，截至4月7日，知乎股价回升至9.39美元，市值刚刚越过50亿美元关卡。上市首日即破发，除了美国开始实施《外国公司问责法案》导致中股普遍忧虑之外，也有外界对知乎本身商业化能力的存疑和不看好。成立于2010年的知乎，是目前国内最大的知识问答式在线社区。曾经与豆瓣被并称为“佛系”生长，专注于慢社区的知乎，在十年这个时间节点选择赴美IPO，正式走向了下一个阶段。从最开始的封闭式专注内容社区到开放注册扩展用户，再到纽交所上市，知乎始终在探索流量变现的道路上。回看知乎的发展，其实是一个不断走向开放，从小众变大众的过程。那么，在专注内容和努力变现的衡量中，知乎是如何取舍的？基于此，本篇文章，新眸将主要聚焦于以下三个方面展开分析：· 过去十年，知乎踩过哪些坑？· 商业化对知乎来说有多困难？· IPO后，知乎还将面临哪些挑战？01定位偏移从知乎的发展历程来看，大致可以分为以下三个阶段：2010年—2012年，封闭式社区1.0时代，知乎采用邀请制形式，保持内容质量，构建起一个良好的内容社区；2013年—2016年，开放社区2.0时代，知乎开始向公众放开注册，用户数量迅速增长，带来巨大流量；2017年至今，商业化探索3.0时代，知乎开始了流量变现的不断探索，从2016年引入商业广告，到2018年推出电子书产品，再到2019年上线新的会员体系“盐选会员”，直到最近的赴美IPO。图：知乎发展历程（来源：公司官网安信证券研究中心）经过十年发展，眼下的知乎已经从一个小众的知识问答社区，变为一个综合性的在线内容分享社区。根据公开数据显示，截至2020年12月31日，知乎的内容创作者累计达4310万人，合计贡献了3.15亿个问题和答案。2020年Q4，知乎的平均MAU为7570万，而同期月平均互动次数达6.76亿次。这个成绩，知乎用了十年。在1.0时代，也就是封闭式社区管理阶段，知乎用邀请制问答模式奠定了社区的知识调性，在完成平台内容和口碑的积累后，知乎开始开放用户注册，企图以良好的社区环境吸引大批用户进入，以此引入更多的流量。凡事不可操之过急，在开放注册之前，知乎是一个只拥有200个受邀用户奠基的“小而美”的知识社区。一经开放注册，社区里随即涌入了大批用户，这些新进来的用户虽然在一定程度上丰富了知乎内容的种类，但带来的缺点也是显而易见的。即在关注的领域上，不再聚焦于科技、汽车、互联网等新兴高端领域，而更多关注的是情感生活、娱乐八卦领域，知乎微博化不可避免。相较于科技等较为硬核的话题，娱乐八卦门槛相对较低，回答者不再局限于某一领域的专业人士，更多的用户加入到了回答的环节，但是一千个人眼里有一千个哈姆雷特，对于这些没有标准答案的话题，回答往往有可能呈现两极化的现象。有对立往往就会有争论，此时的知乎似乎不再是解决问题的社区，而成了围绕问题进行观点交锋的擂台，这似乎与知乎一开始的定位逐渐偏移了。多数知乎资深用户都能明显感知到，知乎的内容质量正在直线下降。各种回答真假难辨，大量抖机灵式的回答甚至盖过了正经的知识分享，参杂着广告、低俗的信息也在社区内大行其道。“人在美国，刚下飞机”、“知乎，分享你刚编的故事”等种种言论，都反应出一个赤裸裸的问题：知乎意欲建立的内容生态已经不可避免地在走下坡路。新用户进入社区，看不惯老用户高高在上的姿态，老用户反过来同样不满新用户的到来，认为他们破坏了社区原有的知识调性，负气之下纷纷出走，新老用户彼此看不上眼，苦心经营的“小而美”的社区氛围正在逐渐消失。针对于此，知乎的创始人周源也曾坦言：“一个很小的圈子，用户成万倍增长时，它的内容质量一定会严重下降。内容质量下降导致寻找优质内容的时间成本上升、优质回答受到关注下降。”可以肯定的是，这种运营上的缺失，正在损害知乎的产品和品牌力。02内容付费难敌流量为王知乎的收入主要由广告、付费会员和商务解决方案构成。根据最新统计数据结果，2020年公司实现广告收入8.43亿元，同比增长46.1%，业务占比达62.4%；2020年公司实现付费会员收入3.20亿元，同比增长高达264%，业务占比达23.7%，较2019年的13.1%上升了23.7%。内容商业化解决方案于2020年新增，目前主要为“知+”解决方案。2020年公司实现内容商业化解决方案收入1.36亿元，业务占比为10%。图：2020年知乎收入占比（来源：知乎招股书，天风证券研究所）从中不难发现，知乎的广告收入过半占最大比重，而广告的收入占比高意味着用户在平台内浏览到的广告数量绝对不会少。事实也的确如此，从用户打开应用开始，几乎每一个步骤都埋伏着广告的陷阱。为此，不少知乎的高质用户纷纷抱怨现在的知乎已经变了质，以前是打开知乎找答案，现在是打开知乎看广告。知乎作为一个知识服务类的社区型平台，需要注意广告业务与用户体验的平衡，过多的广告可能会导致用户体验下降，进一步导致用户流失，社区质量下滑。创始人周源在提到知乎的变现逻辑的时候，也曾有过这样的思考：在今天，知识从媒介和介质演化成为了一种商品，一种服务。而以知识为核心的知乎商业化变现的模式也应该从单一的知识付费的商业化慢慢跳脱，开始整合站内生态资源，走向平台服务变现的逻辑。从思考中不难看出，周源对于知乎的商业化逻辑主要是如下两个点：1、变现不再依靠用户流量变现，而主要依靠优质的平台服务实现变现；2、变现方式不仅仅局限于单一的知识付费，而是以知识为核心，围绕知识展开的一系列内容变现。但就目前知乎的收入划分占比来看，这种说法仍然官方，甚至有些过于理想化。一个明显的悖论是，知乎如若想要围绕知识展开的一系列内容变现，则必然需要对现有的商业体系做出改变，或运营审核机制趋严、或引入更多新流量。知乎在2016年正式引入商业广告，在2019年和2020年才分别引入付费会员和商务解决方案，对于知乎来说，目前仍处于商业化的成长期，要降低广告收入的占比，提高付费会员和商务解决方案的占比，还需要等待公司进一步企稳。而且，就目前知乎的已有的商业化路径来看，要降低广告收入占比，又不想企业的正常盈收受到影响，就必须想办法提高广告的转化率。要提高广告的转化率，就要从两个方面入手，一是降低获客成本，二是提高用户点击率。想降低获客成本，就要压缩营销成本和人力成本，这意味着企业要么选择不宣传，完全靠自己目前已有的流量来吸引用户；要么就选择削减员工，将已有的人力成本压缩至最小。前者不够理性，后者不够人性。想提高用户点击率，就意味着要投放用户感兴趣的广告内容，或选择时下正当红的明星为广告进行引流。这个过程又需要消耗人力和营销成本，与前一方面颇有些自相矛盾。根据数据显示，当前知乎的日活用户渗透率为1.93%，月活用户渗透率为5.27%，较之同类知识社区来看依然存在差距。言下之意，眼下知乎的用户粘性较低，平台不能很好的吸引用户多次打开应用，反映在内容上，很可能就是内容不够吸引用户或内容不能满足用户的需求。那么问题来了，作为一个内容平台，如果知乎的内容已经不能吸引用户了，又何谈依靠内容来进行商业化呢？03知乎还有更多挑战从封闭到开放，从零到上市，对于任何一个企业来说，都不是件容易的事。根据CIC数据显示，中国在线内容总体规模已超万亿，预计2025年到达3.7万亿元，相较于2019年复合年增速21.4%。其中在线内容的UGC和PUGC社区规模将在2024年前突破万亿，2025年到达1.3万亿元，相较于2019年复合年增速30.3%。广阔的市场发展前景，意味着将会有更多玩家入局在线内容市场，加剧市场竞争程度。面临竞争对手可能有用更多的资源，来激励优质内容创作者或对公司的业务合作伙伴进行投资、收购，知乎眼下所建立的壁垒，能不能挡得住仍是未知数。就目前市场和公司两个方面来看，内容市场日新月异，知乎作为一个综合型知识问答社区，不可能在每一个垂直领域深耕，当内容不能满足用户需求，付费会员增长自然不及预期。需要注意的是，用户成为会员的动机，更多的是为内容的专业度付费，但查看知乎的盐选会员业务就会发现，排在盐选热度榜单的前五名中小说占了四个名额，专业性又体现在何处，难不成知乎要成为第二个起点中文网？与此同时，知乎也在寻求在视频类内容领域的突围，结果也不尽如人意。知乎走上的是一条“知识+图文+视频”的富媒介化道路，在图文向视频化的富媒介体制迁跃趋势下，知乎谋求视频化的发展无可厚非，关键是，内容与视频的匹配度是否适合？专业化的知识普及视频，需要把深奥的内容表达的浅显易懂并且富于趣味性，这其中需要考虑到从选题到拍摄再到后期制作等等一系列问题，知乎明显经验不足；而娱乐化的视频，知乎又无法与B站、抖音、快手等平台相抗衡。由此可见，知乎未来的路，并不会太好走。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":378325403,"gmtCreate":1619003964402,"gmtModify":1619003964402,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575712030664315","authorIdStr":"3575712030664315"},"themes":[],"htmlText":"美国的话要反着听","listText":"美国的话要反着听","text":"美国的话要反着听","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378325403","isVote":1,"tweetType":1,"viewCount":2107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":371380685,"gmtCreate":1618911010147,"gmtModify":1618911010147,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575712030664315","authorIdStr":"3575712030664315"},"themes":[],"htmlText":"不知该相信谁了","listText":"不知该相信谁了","text":"不知该相信谁了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371380685","repostId":"373650300","repostType":1,"repost":{"id":373650300,"gmtCreate":1618843911600,"gmtModify":1618871910217,"author":{"id":"3466684903067182","authorId":"3466684903067182","name":"看遍世界景赚足天下钱","avatar":"https://static.tigerbbs.com/036367fd006fdcb94e383902a9d8277a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3466684903067182","authorIdStr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href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a><a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$</a><a href=\"https://laohu8.com/S/BIDU\">$百度(BIDU)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a><a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>","listText":"今天看了上海汽车展的消息，看了n量电动车新车，看得我心慌慌，庆幸自己清仓了之前的新能源车。中国市场太难了，太卷了，太快了！回想当年，房地产热火朝天，是个公司就要进军房地产，没有房地产项目的公司不是好公司，然后就是各种暴雷、鬼城、烂账！再到不久前，全民团购，几万个团购公司最后就剩美团，一将功成万骨枯呀！再到共享经济，共享单车泛滥、共享汽车也都倒了，共享女友都被抓了！再到现在，新能源车，真的是吓了我一跳，阿里巴巴造车，百度造车，恒大也造车，华为说他不造车，但是他店里准备卖车，雷布斯说他不造车他还投了很多车，然后也宣布造车了，然后所有的燃油车企都拿出了自己的新能源车款，太刺激了！房子卖不出去，一直放着还能升值，这入局了新能源车，卖不出去，就成废铁了，送别人都送不掉，所以那些卖房子的造车逻辑我就真的不懂。而当一个卖房子的和一个开网店的说自己真的用心造车，我觉得我如果信，那就是我脑子有个“小鹏”车标了！之前的行业体量和投入都是不大的，这次是超大体量的一窝蜂，我觉得绝对会有史上最大的鸡毛和最浓厚的鸡屎味🐔！天佑中华，天佑新能源！<a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a><a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$</a><a href=\"https://laohu8.com/S/BIDU\">$百度(BIDU)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a><a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>","text":"今天看了上海汽车展的消息，看了n量电动车新车，看得我心慌慌，庆幸自己清仓了之前的新能源车。中国市场太难了，太卷了，太快了！回想当年，房地产热火朝天，是个公司就要进军房地产，没有房地产项目的公司不是好公司，然后就是各种暴雷、鬼城、烂账！再到不久前，全民团购，几万个团购公司最后就剩美团，一将功成万骨枯呀！再到共享经济，共享单车泛滥、共享汽车也都倒了，共享女友都被抓了！再到现在，新能源车，真的是吓了我一跳，阿里巴巴造车，百度造车，恒大也造车，华为说他不造车，但是他店里准备卖车，雷布斯说他不造车他还投了很多车，然后也宣布造车了，然后所有的燃油车企都拿出了自己的新能源车款，太刺激了！房子卖不出去，一直放着还能升值，这入局了新能源车，卖不出去，就成废铁了，送别人都送不掉，所以那些卖房子的造车逻辑我就真的不懂。而当一个卖房子的和一个开网店的说自己真的用心造车，我觉得我如果信，那就是我脑子有个“小鹏”车标了！之前的行业体量和投入都是不大的，这次是超大体量的一窝蜂，我觉得绝对会有史上最大的鸡毛和最浓厚的鸡屎味🐔！天佑中华，天佑新能源！$小鹏汽车(XPEV)$$阿里巴巴(BABA)$$百度(BIDU)$$特斯拉(TSLA)$$蔚来(NIO)$","images":[{"img":"https://static.tigerbbs.com/941787e9166c8f14002057d7245c0c57","width":"64","height":"64"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/373650300","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":345665339,"gmtCreate":1618310413921,"gmtModify":1618310413921,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575712030664315","idStr":"3575712030664315"},"themes":[],"htmlText":"资本市场还存在讲武德这个词？","listText":"资本市场还存在讲武德这个词？","text":"资本市场还存在讲武德这个词？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345665339","repostId":"2123296533","repostType":2,"isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":348702435,"gmtCreate":1617959380327,"gmtModify":1617959380327,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575712030664315","idStr":"3575712030664315"},"themes":[],"htmlText":"还以为是生产打印机的那个惠普呢","listText":"还以为是生产打印机的那个惠普呢","text":"还以为是生产打印机的那个惠普呢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348702435","repostId":"2116513662","repostType":2,"repost":{"id":"2116513662","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1614721422,"share":"https://www.laohu8.com/m/news/2116513662?lang=&edition=full","pubTime":"2021-03-03 05:43","market":"us","language":"en","title":"BRIEF-HPE Posts Q1 EPS Of $0.17","url":"https://stock-news.laohu8.com/highlight/detail?id=2116513662","media":"Reuters","summary":"March 2 (Reuters) - Hewlett Packard Enterprise Co   :   * HPE REPORTS FISCAL 2021 FIRST QUARTER RESU","content":"<html><body><p>March 2 (Reuters) - Hewlett Packard Enterprise Co   :</p><p>   * HPE REPORTS FISCAL 2021 FIRST QUARTER RESULTS</p><p>   * Q1 REVENUE $6.8 BILLION VERSUS REFINITIV IBES ESTIMATE OF $6.71 BILLION</p><p>   * Q1 EARNINGS PER SHARE $0.17</p><p>   * Q1 EARNINGS PER SHARE ESTIMATE $0.41 -- REFINITIV IBES DATA</p><p>   * HEWLETT PACKARD ENTERPRISE - RAISES FISCAL 2021 GAAP DILUTED NET EPS OUTLOOK TO $0.48 TO $0.66 AND NON-GAAP DILUTED NET EPS OUTLOOK TO $1.70 TO $1.88</p><p>   * ESTIMATES Q2 GAAP DILUTED NET EPS TO BE IN RANGE OF $0.02 TO $0.08</p><p>   * HEWLETT PACKARD ENTERPRISE - RAISES FISCAL 2021 FREE CASH FLOW GUIDANCE TO $1.1 TO $1.4 BILLION</p><p>   * SEES Q2 NON-GAAP DILUTED NET EPS TO BE IN RANGE OF $0.38 TO $0.44</p><p>   * QTRLY COMPUTE REVENUE WAS $3.0 BILLION, DOWN 1% YEAR OVER YEAR OR DOWN 2% WHEN ADJUSTED FOR CURRENCY</p><p>   * Q2 EARNINGS PER SHARE VIEW $0.38 -- REFINITIV IBES DATA</p><p>   * FY2021 EARNINGS PER SHARE VIEW $1.68 -- REFINITIV IBES DATA</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-HPE Posts Q1 EPS Of $0.17</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-HPE Posts Q1 EPS Of $0.17\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-03 05:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>March 2 (Reuters) - Hewlett Packard Enterprise Co   :</p><p>   * HPE REPORTS FISCAL 2021 FIRST QUARTER RESULTS</p><p>   * Q1 REVENUE $6.8 BILLION VERSUS REFINITIV IBES ESTIMATE OF $6.71 BILLION</p><p>   * Q1 EARNINGS PER SHARE $0.17</p><p>   * Q1 EARNINGS PER SHARE ESTIMATE $0.41 -- REFINITIV IBES DATA</p><p>   * HEWLETT PACKARD ENTERPRISE - RAISES FISCAL 2021 GAAP DILUTED NET EPS OUTLOOK TO $0.48 TO $0.66 AND NON-GAAP DILUTED NET EPS OUTLOOK TO $1.70 TO $1.88</p><p>   * ESTIMATES Q2 GAAP DILUTED NET EPS TO BE IN RANGE OF $0.02 TO $0.08</p><p>   * HEWLETT PACKARD ENTERPRISE - RAISES FISCAL 2021 FREE CASH FLOW GUIDANCE TO $1.1 TO $1.4 BILLION</p><p>   * SEES Q2 NON-GAAP DILUTED NET EPS TO BE IN RANGE OF $0.38 TO $0.44</p><p>   * QTRLY COMPUTE REVENUE WAS $3.0 BILLION, DOWN 1% YEAR OVER YEAR OR DOWN 2% WHEN ADJUSTED FOR CURRENCY</p><p>   * Q2 EARNINGS PER SHARE VIEW $0.38 -- REFINITIV IBES DATA</p><p>   * FY2021 EARNINGS PER SHARE VIEW $1.68 -- REFINITIV IBES DATA</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HPE":"慧与科技"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116513662","content_text":"March 2 (Reuters) - Hewlett Packard Enterprise Co   :   * HPE REPORTS FISCAL 2021 FIRST QUARTER RESULTS   * Q1 REVENUE $6.8 BILLION VERSUS REFINITIV IBES ESTIMATE OF $6.71 BILLION   * Q1 EARNINGS PER SHARE $0.17   * Q1 EARNINGS PER SHARE ESTIMATE $0.41 -- REFINITIV IBES DATA   * HEWLETT PACKARD ENTERPRISE - RAISES FISCAL 2021 GAAP DILUTED NET EPS OUTLOOK TO $0.48 TO $0.66 AND NON-GAAP DILUTED NET EPS OUTLOOK TO $1.70 TO $1.88   * ESTIMATES Q2 GAAP DILUTED NET EPS TO BE IN RANGE OF $0.02 TO $0.08   * HEWLETT PACKARD ENTERPRISE - RAISES FISCAL 2021 FREE CASH FLOW GUIDANCE TO $1.1 TO $1.4 BILLION   * SEES Q2 NON-GAAP DILUTED NET EPS TO BE IN RANGE OF $0.38 TO $0.44   * QTRLY COMPUTE REVENUE WAS $3.0 BILLION, DOWN 1% YEAR OVER YEAR OR DOWN 2% WHEN ADJUSTED FOR CURRENCY   * Q2 EARNINGS PER SHARE VIEW $0.38 -- REFINITIV IBES DATA   * FY2021 EARNINGS PER SHARE VIEW $1.68 -- REFINITIV IBES DATASource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":1125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":357501198,"gmtCreate":1617283197914,"gmtModify":1617283197914,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575712030664315","idStr":"3575712030664315"},"themes":[],"htmlText":"内部人士持有股票应该是对公司更有责任心的表现，把公司当成自己的财产来用心经营。","listText":"内部人士持有股票应该是对公司更有责任心的表现，把公司当成自己的财产来用心经营。","text":"内部人士持有股票应该是对公司更有责任心的表现，把公司当成自己的财产来用心经营。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/357501198","repostId":"2123783822","repostType":2,"repost":{"id":"2123783822","pubTimestamp":1617177590,"share":"https://www.laohu8.com/m/news/2123783822?lang=&edition=full","pubTime":"2021-03-31 15:59","market":"us","language":"en","title":"Do First Guaranty Bancshares's (NASDAQ:FGBI) Earnings Warrant Your Attention?","url":"https://stock-news.laohu8.com/highlight/detail?id=2123783822","media":"Simply Wall St.","summary":"Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and ","content":"<html><body><p>Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But as Warren Buffett has mused, 'If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.' When they buy such story stocks, investors are all too often the patsy. </p>\n<p> So if you're like me, you might be more interested in profitable, growing companies, like <strong>First Guaranty Bancshares</strong> (NASDAQ:FGBI). Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing. </p>\n<p><span> See our latest analysis for First Guaranty Bancshares </span></p>\n<h3> How Fast Is First Guaranty Bancshares Growing? </h3>\n<p> The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. That makes EPS growth an attractive quality for any company. Impressively, First Guaranty Bancshares has grown EPS by 20% per year, compound, in the last three years. As a general rule, we'd say that if a company can keep up <em>that</em> sort of growth, shareholders will be smiling. </p>\n<p> I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). Not all of First Guaranty Bancshares's revenue this year is revenue <em>from operations</em>, so keep in mind the revenue and margin numbers I've used might not be the best representation of the underlying business. While we note First Guaranty Bancshares's EBIT margins were flat over the last year, revenue grew by a solid 28% to US$84m. That's progress. </p>\n<p> The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image. </p>\n<figure>\n<img src=\"https://s.yimg.com/uu/api/res/1.2/05JUyIGau96TkNgNXEUDoQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/simply_wall_st__316/6d4ba73ede92aa1ada13af8632c28800\"/>\n<figcaption>\n  NasdaqGM:FGBI Earnings and Revenue History March 31st 2021\n </figcaption>\n</figure>\n<p> In investing, as in life, the future matters more than the past. So why not check out this <strong>free</strong> interactive visualization of First Guaranty Bancshares's <em>forecast</em> profits? </p>\n<h3> Are First Guaranty Bancshares Insiders Aligned With All Shareholders? </h3>\n<p> Like the kids in the streets standing up for their beliefs, insider share purchases give me reason to believe in a brighter future. That's because insider buying often indicates that those closest to the company have confidence that the share price will perform well. Of course, we can never be sure what insiders are thinking, we can only judge their actions. </p>\n<p> It's good to see First Guaranty Bancshares insiders walking the walk, by spending US$266k on shares in just twelve months. And when you consider that there was no insider selling, you can understand why shareholders might believe that lady luck will grace this business. Zooming in, we can see that the biggest insider purchase was by Independent Director William Hood for US$120k worth of shares, at about US$12.00 per share. </p>\n<p> Along with the insider buying, another encouraging sign for First Guaranty Bancshares is that insiders, as a group, have a considerable shareholding. With a whopping US$56m worth of shares as a group, insiders have plenty riding on the company's success. That holding amounts to 31% of the stock on issue, thus making insiders influential, and aligned, owners of the business. </p>\n<p> While insiders are apparently happy to hold and accumulate shares, that is just part of the pretty picture. The cherry on top is that the CEO, Alton Lewis is paid comparatively modestly to CEOs at similar sized companies. I discovered that the median total compensation for the CEOs of companies like First Guaranty Bancshares with market caps between US$100m and US$400m is about US$949k. </p>\n<p> First Guaranty Bancshares offered total compensation worth US$500k to its CEO in the year to . That comes in below the average for similar sized companies, and seems pretty reasonable to me. While the level of CEO compensation isn't a huge factor in my view of the company, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. It can also be a sign of good governance, more generally. </p>\n<h3> Does First Guaranty Bancshares Deserve A Spot On Your Watchlist? </h3>\n<p> You can't deny that First Guaranty Bancshares has grown its earnings per share at a very impressive rate. That's attractive. On top of that, insiders own a significant stake in the company and have been buying more shares. So it's fair to say I think this stock may well deserve a spot on your watchlist. Before you take the next step you should know about the <strong>1 warning sign for First Guaranty Bancshares</strong> that we have uncovered. </p>\n<p> The good news is that First Guaranty Bancshares is not the only growth stock with insider buying. Here's  a list of them... with insider buying in the last three months! </p>\n<p><em>Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.</em></p>\n<p><i>This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</i><br/><br/><strong>Have feedback on this article? Concerned about the content?</strong> <strong>Get in touch</strong><strong> with us directly.</strong><i> Alternatively, email editorial-team (at) simplywallst.com.</i></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Do First Guaranty Bancshares's (NASDAQ:FGBI) Earnings Warrant Your Attention?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDo First Guaranty Bancshares's (NASDAQ:FGBI) Earnings Warrant Your Attention?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/first-guaranty-bancsharess-nasdaq-fgbi-075950624.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But as Warren Buffett has mused, 'If you've ...</p>\n\n<a href=\"https://finance.yahoo.com/news/first-guaranty-bancsharess-nasdaq-fgbi-075950624.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/8D8Van2qULqM_nacVyBi5Q--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://s.yimg.com/uu/api/res/1.2/RvXBP6irJOcli7EUS_oYYw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/75a6275a0d81fd5fbc47ebecee672e4c","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/first-guaranty-bancsharess-nasdaq-fgbi-075950624.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2123783822","content_text":"Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But as Warren Buffett has mused, 'If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.' When they buy such story stocks, investors are all too often the patsy. \n So if you're like me, you might be more interested in profitable, growing companies, like First Guaranty Bancshares (NASDAQ:FGBI). Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing. \n See our latest analysis for First Guaranty Bancshares \n How Fast Is First Guaranty Bancshares Growing? \n The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. That makes EPS growth an attractive quality for any company. Impressively, First Guaranty Bancshares has grown EPS by 20% per year, compound, in the last three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be smiling. \n I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). Not all of First Guaranty Bancshares's revenue this year is revenue from operations, so keep in mind the revenue and margin numbers I've used might not be the best representation of the underlying business. While we note First Guaranty Bancshares's EBIT margins were flat over the last year, revenue grew by a solid 28% to US$84m. That's progress. \n The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image. \n\n\n\n  NasdaqGM:FGBI Earnings and Revenue History March 31st 2021\n \n\n In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of First Guaranty Bancshares's forecast profits? \n Are First Guaranty Bancshares Insiders Aligned With All Shareholders? \n Like the kids in the streets standing up for their beliefs, insider share purchases give me reason to believe in a brighter future. That's because insider buying often indicates that those closest to the company have confidence that the share price will perform well. Of course, we can never be sure what insiders are thinking, we can only judge their actions. \n It's good to see First Guaranty Bancshares insiders walking the walk, by spending US$266k on shares in just twelve months. And when you consider that there was no insider selling, you can understand why shareholders might believe that lady luck will grace this business. Zooming in, we can see that the biggest insider purchase was by Independent Director William Hood for US$120k worth of shares, at about US$12.00 per share. \n Along with the insider buying, another encouraging sign for First Guaranty Bancshares is that insiders, as a group, have a considerable shareholding. With a whopping US$56m worth of shares as a group, insiders have plenty riding on the company's success. That holding amounts to 31% of the stock on issue, thus making insiders influential, and aligned, owners of the business. \n While insiders are apparently happy to hold and accumulate shares, that is just part of the pretty picture. The cherry on top is that the CEO, Alton Lewis is paid comparatively modestly to CEOs at similar sized companies. I discovered that the median total compensation for the CEOs of companies like First Guaranty Bancshares with market caps between US$100m and US$400m is about US$949k. \n First Guaranty Bancshares offered total compensation worth US$500k to its CEO in the year to . That comes in below the average for similar sized companies, and seems pretty reasonable to me. While the level of CEO compensation isn't a huge factor in my view of the company, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. It can also be a sign of good governance, more generally. \n Does First Guaranty Bancshares Deserve A Spot On Your Watchlist? \n You can't deny that First Guaranty Bancshares has grown its earnings per share at a very impressive rate. That's attractive. On top of that, insiders own a significant stake in the company and have been buying more shares. So it's fair to say I think this stock may well deserve a spot on your watchlist. Before you take the next step you should know about the 1 warning sign for First Guaranty Bancshares that we have uncovered. \n The good news is that First Guaranty Bancshares is not the only growth stock with insider buying. Here's  a list of them... with insider buying in the last three months! \nPlease note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.\nThis article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.","news_type":1},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":353740046,"gmtCreate":1616541508085,"gmtModify":1616541508085,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575712030664315","idStr":"3575712030664315"},"themes":[],"htmlText":"卡脖子的东西自有掐脖子的道理，极限精密加工是一道深坎，需要痛下决心突破。","listText":"卡脖子的东西自有掐脖子的道理，极限精密加工是一道深坎，需要痛下决心突破。","text":"卡脖子的东西自有掐脖子的道理，极限精密加工是一道深坎，需要痛下决心突破。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/353740046","repostId":"353139429","repostType":1,"repost":{"id":353139429,"gmtCreate":1616467532658,"gmtModify":1710134282077,"author":{"id":"3511911760748454","authorId":"3511911760748454","name":"14亿少女的梦","avatar":"https://static.tigerbbs.com/bf0bebaaab1963be40402bcfa7e8c1aa","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3511911760748454","idStr":"3511911760748454"},"themes":[],"title":"【转】光刻机终极十问：中国有没有必要举全国之力，去造一台光刻机？","htmlText":"作者： 腾讯新闻知识官、 AMD 高级数字芯片设计工程师 温戈&nbsp;侵删。 芯片之于光刻机，就如同人和大脑的关系，但纵览几十年中国乃至全球球光刻机产业的发展却表现的差强人意，呈现出了唯有荷兰ASML“一家独大”的局面。 3月初，中芯国际迎来了久违的好消息：中芯国际与荷兰光刻机公司阿斯麦（以下简称“ASML”）签下大单，订购12亿美元光刻机。 近年来，我国虽然在科技研发上取得了多项重大进步，但在芯片研发和制造领域却亟待突破，特别是在新冠疫情之后，全球新一轮的“芯片荒”来袭造成了产业链对于芯片供不应求的问题，我国想要推进独立自主的芯片研发，光刻机的生产制造就显得尤为重要。 芯片虽小，制造难度却很大，而这一过程中一个关键的工艺机器——光刻机的制造成为了一大难题。芯片之于光刻机，就如同人和大脑的关系，但纵览几十年中国乃至全球球光刻机产业的发展却表现的差强人意，呈现出了唯有荷兰ASML“一家独大”的局面。 我们不禁也对此有很多疑问：为何中国乃至全球对于制造光刻机的难度如此之大？ASML公司是如何做到光刻机产业中“全球霸主”的地位？为何该公司一台光刻机的售价达到了数亿美元？继3月初的中国“芯痛”终极十问：我们能造原子弹，却造不出一枚小芯片？之后，该文章作者再次围绕光刻机的十个重要问题为您解读。（关于光刻机，你还有哪些疑问，欢迎在底部评论区添加话题#提问专家#并留言） （ASML EUV光刻机TWINSCAN NXE3400B，来源：ASML官网） Q1：光刻机是做什么的？是在造芯的哪个过程发挥作用？ 光刻机（英文“Mask Aligner”) ，又名掩模对准曝光机，是芯片制造流程中光刻工艺的核心设备。芯片的制造流程极其复杂，我们可以概括为几大步骤：硅片的制备--&gt;外延工艺--&gt;热氧化--&gt;扩散掺杂--&gt;离子注入--&gt;薄膜制备--&gt;光刻--&gt;","listText":"作者： 腾讯新闻知识官、 AMD 高级数字芯片设计工程师 温戈&nbsp;侵删。 芯片之于光刻机，就如同人和大脑的关系，但纵览几十年中国乃至全球球光刻机产业的发展却表现的差强人意，呈现出了唯有荷兰ASML“一家独大”的局面。 3月初，中芯国际迎来了久违的好消息：中芯国际与荷兰光刻机公司阿斯麦（以下简称“ASML”）签下大单，订购12亿美元光刻机。 近年来，我国虽然在科技研发上取得了多项重大进步，但在芯片研发和制造领域却亟待突破，特别是在新冠疫情之后，全球新一轮的“芯片荒”来袭造成了产业链对于芯片供不应求的问题，我国想要推进独立自主的芯片研发，光刻机的生产制造就显得尤为重要。 芯片虽小，制造难度却很大，而这一过程中一个关键的工艺机器——光刻机的制造成为了一大难题。芯片之于光刻机，就如同人和大脑的关系，但纵览几十年中国乃至全球球光刻机产业的发展却表现的差强人意，呈现出了唯有荷兰ASML“一家独大”的局面。 我们不禁也对此有很多疑问：为何中国乃至全球对于制造光刻机的难度如此之大？ASML公司是如何做到光刻机产业中“全球霸主”的地位？为何该公司一台光刻机的售价达到了数亿美元？继3月初的中国“芯痛”终极十问：我们能造原子弹，却造不出一枚小芯片？之后，该文章作者再次围绕光刻机的十个重要问题为您解读。（关于光刻机，你还有哪些疑问，欢迎在底部评论区添加话题#提问专家#并留言） （ASML EUV光刻机TWINSCAN NXE3400B，来源：ASML官网） Q1：光刻机是做什么的？是在造芯的哪个过程发挥作用？ 光刻机（英文“Mask Aligner”) ，又名掩模对准曝光机，是芯片制造流程中光刻工艺的核心设备。芯片的制造流程极其复杂，我们可以概括为几大步骤：硅片的制备--&gt;外延工艺--&gt;热氧化--&gt;扩散掺杂--&gt;离子注入--&gt;薄膜制备--&gt;光刻--&gt;","text":"作者： 腾讯新闻知识官、 AMD 高级数字芯片设计工程师 温戈 侵删。 芯片之于光刻机，就如同人和大脑的关系，但纵览几十年中国乃至全球球光刻机产业的发展却表现的差强人意，呈现出了唯有荷兰ASML“一家独大”的局面。 3月初，中芯国际迎来了久违的好消息：中芯国际与荷兰光刻机公司阿斯麦（以下简称“ASML”）签下大单，订购12亿美元光刻机。 近年来，我国虽然在科技研发上取得了多项重大进步，但在芯片研发和制造领域却亟待突破，特别是在新冠疫情之后，全球新一轮的“芯片荒”来袭造成了产业链对于芯片供不应求的问题，我国想要推进独立自主的芯片研发，光刻机的生产制造就显得尤为重要。 芯片虽小，制造难度却很大，而这一过程中一个关键的工艺机器——光刻机的制造成为了一大难题。芯片之于光刻机，就如同人和大脑的关系，但纵览几十年中国乃至全球球光刻机产业的发展却表现的差强人意，呈现出了唯有荷兰ASML“一家独大”的局面。 我们不禁也对此有很多疑问：为何中国乃至全球对于制造光刻机的难度如此之大？ASML公司是如何做到光刻机产业中“全球霸主”的地位？为何该公司一台光刻机的售价达到了数亿美元？继3月初的中国“芯痛”终极十问：我们能造原子弹，却造不出一枚小芯片？之后，该文章作者再次围绕光刻机的十个重要问题为您解读。（关于光刻机，你还有哪些疑问，欢迎在底部评论区添加话题#提问专家#并留言） （ASML EUV光刻机TWINSCAN NXE3400B，来源：ASML官网） Q1：光刻机是做什么的？是在造芯的哪个过程发挥作用？ 光刻机（英文“Mask Aligner”) ，又名掩模对准曝光机，是芯片制造流程中光刻工艺的核心设备。芯片的制造流程极其复杂，我们可以概括为几大步骤：硅片的制备-->外延工艺-->热氧化-->扩散掺杂-->离子注入-->薄膜制备-->光刻-->","images":[{"img":"https://static.tigerbbs.com/ef575c42f444505d4b740f5a00bb8278","width":"492","height":"286"},{"img":"https://static.tigerbbs.com/9ab7c8acf72997adbf6473357bc98ebf","width":"833","height":"502"},{"img":"https://static.tigerbbs.com/4b7c3ce01afa79833b63088ed4db4afc","width":"947","height":"256"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/353139429","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":18,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":350421711,"gmtCreate":1616258157333,"gmtModify":1616258157333,"author":{"id":"3575712030664315","authorId":"3575712030664315","name":"芳草碧天","avatar":"https://static.tigerbbs.com/9177d4e96c6267559ee0bdaf3ff21da8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575712030664315","idStr":"3575712030664315"},"themes":[],"htmlText":"一个优秀的创业者，一个有智慧有魄力的优秀青年。商而优则学，也是大智慧，赞你！","listText":"一个优秀的创业者，一个有智慧有魄力的优秀青年。商而优则学，也是大智慧，赞你！","text":"一个优秀的创业者，一个有智慧有魄力的优秀青年。商而优则学，也是大智慧，赞你！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350421711","repostId":"2120180792","repostType":2,"repost":{"id":"2120180792","weMediaInfo":{"introduction":"欢迎收听雷帝触网，雷帝触网是中国最多产的互联网科技自媒体，内容中立，快、准、狠，其由资深媒体人雷建平创办，雷建平是今日头条签约作家，也入驻了一点资讯、搜狐、网易等平台。","home_visible":1,"media_name":"雷递","id":"52","head_image":"https://static.tigerbbs.com/f45a6cbcc8ec48a7a2f52177324d0c16"},"pubTimestamp":1615982100,"share":"https://www.laohu8.com/m/news/2120180792?lang=&edition=full","pubTime":"2021-03-17 19:55","market":"fut","language":"zh","title":"黄峥辞任拼多多董事长：我想去摸一摸10年后路上的石头","url":"https://stock-news.laohu8.com/highlight/detail?id=2120180792","media":"雷递","summary":"同时，创始人黄峥发布了2021年度致股东信，宣布卸任拼多多董事长，由现任CEO陈磊接任。在信中，黄峥表示，拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，有些探索现在已经正当其时。作为创始人，他希望能“跳脱出来去摸一摸10年后路上的石头”。黄峥表示，在不再担任董事长和拼多多管理职位后，自己1:10的超级投票权也将失效。","content":"<html><body><div>\n<p><img arial=\"\" block=\"\" break-word=\"\" gb=\"\" helvetica=\"\" initial=\"\" neue=\"\" normal=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" src=\"https://static.tigerbbs.com/c6491a1e7dc04db4a39644bd002c6f8e\" transparent=\"\" ui=\"\" visible=\"\" yahei=\"\"/></p><p><span arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" pingfang=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\">雷帝网 乐天 3月17日报道</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span><a href=\"https://laohu8.com/S/PDD\">拼多多</a>今日发布2020年第四季度及全年财报。截至2020年底，平台年活跃买家数达7.884亿。四季度，拼多多营收增长146%至265.477亿元，全年营收增长97%至594.919亿元。</span></p><p><img src=\"https://static.tigerbbs.com/8c9e39fd9ac54cb79d0267cf8ae0e2f9\"/></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>同时，创始人黄峥发布了2021年度致股东信，宣布卸任拼多多董事长，由现任CEO陈磊接任。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在信中，黄峥表示，拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，有些探索现在已经正当其时。作为创始人，他希望能“跳脱出来去摸一摸10年后路上的石头”。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>黄峥说，“行业竞争的日益激烈甚至异化让我意识到这种传统的以规模和效率为主要导向的竞争是有其不可避免的问题的。要改变就必须在更底层、根本的问题上采取行动，要在核心科技和其基础理论上寻找答案”，“我想去做一些食品科学和生命科学领域的研究”。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在致股东信中，黄峥谈到了自己小时候的志向和兴趣，这也是他选择投身科研，从前沿基础科学探索行业发展的原因之一。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>“小时候，老师问我们长大了想做什么，我和很多人一样说想成为科学家。而今一晃已过不惑之年了，想成为真正的科学家也许已经不太可能了，但如果我努力，把中学里最喜欢的化学、大学里学的计算机、工作中学习的经营管理结合起来，我天真的想，说不定也能再做出点有意思的事儿。成不了科学家，但也许有机会成为未来（伟大）的科学家的助理，那也是一件很幸福的事儿……”</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在致股东信中，黄峥还分享了自己对拼多多现状和未来的判断。他表示，拼多多会努力成为一家成熟的、国际化的公众机构。上市三年，拼多多已从一个刚上小学的小孩，变成“进入青春期的少年，看着他的快速变化和成长，一旁的我既欣喜又焦虑。但无论是紧张兴奋，还是惶恐，它总会有他自己成长的道路，希望今天我退董事长会有助于这位少年独立成人。”</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>黄峥表示，在不再担任董事长和拼多多管理职位后，自己1:10的超级投票权也将失效。个人名下股份的投票权将委托拼多多董事会以投票的方式来进行决策。他承诺，个人名下的股票在未来3年内继续锁定，不出售。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>以下为黄峥2021年致股东信原文：</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>今年的股东信提前了一点，是为了及时和大家同步一个消息。刚刚开完的董事会上，董事们批准了我辞去拼多多董事长职位的请求，陈磊将从即日起接任董事长，并继续担任CEO一职。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在不再担任董事长和拼多多管理职位后，我的1:10的超级投票权也将失效。我名下股份的投票权将委托拼多多董事会以投票的方式来进行决策，同时我个人承诺个人名下的股票在未来3年内继续锁定，不出售。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>去年7月1日我卸任了CEO，原本计划在一年整的时候和陈磊完成董事长职位的交接。两个原因让我们决定将这个计划中的交接进一步提前了一些。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>一是行业竞争的日益激烈甚至异化让我意识到这种传统的以规模和效率为主要导向的竞争是有其不可避免的问题的。要改变就必须在更底层、根本的问题上采取行动，要在核心科技和其基础理论上寻找答案。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>虽然拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，那么有些探索现在已经是正当其时了。我作为创始人，跳脱出来去摸一摸10年后路上的石头，可能是比较适合的人选。如果还能结合我自身的兴趣，那就再好不过了。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>二是因为疫情等原因导致的外部环境的剧烈变化，也加速了拼多多内部业务和管理的迭代。拼多多从一个纯轻资产的第三方平台，开始转重，在仓储、物流及农货源头开始进行新一轮的投入，新的业务开始在拼多多内萌芽并迅速成长。这既改变了拼多多，更催生了、锻炼了新一代的领导者、管理者，也是时候逐步让更多的后浪起来塑造属于他们的拼多多了。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>那么，后面的拼多多会是什么样子呢？我未必能决定，但却可以快乐地和大家分享我自己的想象。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>首先，拼多多会是一家永远把消费者利益和社会价值放在第一位的社会的企业。我们践行的“普惠、人为先、更开放”的新电商理念将在未来的日子里更鲜明地为行业和公众知晓。它面向最广大的人群，一点一滴的作出改进，努力为消费者，为社会创造价值，不论它是显著的还是不容易被看见的。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>也因为此，它将越来越受到大众的欢迎。它所面临的各种藩篱也会慢慢被打破，即使有时候会需要一点时间，甚至可能会有波折。但是“普惠，人为先，更开放” 应该是个方向，它将在这个新时代绽放出不一样的活力。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>其次，拼多多会是一家富予想象，不断迭代创新的企业。Costco+Disney 的愿景将会更具象、更生动地展现在面前。虽然当前还只是多实惠、多乐趣的初级阶段，但我们已经能够感受到多实惠叠加上多乐趣后带来的性质性的微妙的不同，感受到这背后的化学反应产生的 1+1&gt;2 的巨大力量。过去几年的实践让我们更加相信，这个愿景是丰富、有趣、值得憧憬、可以追求的。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>第三，拼多多会努力成为一家成熟的、国际化的公众机构。18年上市时的股东信里有这样一段话：“我们希望拼多多是一个公众机构，它为最广大的用户创造价值而存在。它不应该是彰显个人能力的工具，也不应该有过多的个人色彩。与此同时，它应该作为一个独立的公众机构，展示它作为一个机构独特的社会价值、组织结构和文化，并且因循着它自身独特的命运生生不息，不断演化。”</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>那个时候拼多多还像一个刚上小学的小孩，而今虽然只过了3年，拼多多却已像是正进入青春期的少年，看着他的快速变化和成长，一旁的我既欣喜又焦虑。但无论是紧张兴奋，还是惶恐，它总会有他自己成长的道路，希望今天我退董事长会有助于这位少年独立成人。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>退了后我做什么呢？我想去做一些食品科学和生命科学领域的研究。拼多多是<a href=\"https://laohu8.com/S/000061\">农产品</a>起家的，过去几年里拼多多对农业领域的贡献主要还是在流通领域。通过提升流通领域效率，去中间补两头来让农民和消费者获益。但流通效率的提升毕竟不能从质上提升农产品的附加值，也不能性质性的大幅提升身体健康水平。那一步步往纵深走，我们能做些什么呢？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>比方说，通过对农产品种植过程的方法的控制，我们是否有可能对马铃薯、番薯、西红柿等的潜在有害重金属含量进行可靠有效的控制，同时对其可能有的、有益的微量元素进行可控的、可标准化的提升？如果以后有一种西红柿，每一颗都含有最适合我们身体的VC等微量元素，那我们的生活质量是否就会有明显的提高？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>再比如，如果我们能够比较透彻的了解不同的植物蛋白和动物蛋白在摄入人体后的变化和作用，进而通过植物蛋白来合成生产出肉的替代品，那这种新的素鸡2.0是否有可能成为更健康、更绿色的稳定供给？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>如果我们再进一步，深入到蛋白质结构及在人体内的性状的研究，我们是否有可能沿着2016年诺贝尔化学奖获得者的分子机器的道路，进一步研究出蛋白质<a href=\"https://laohu8.com/S/300024\">机器人</a>，可以进入到人的脑部血管进行疏通，避免中风？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>小时候，老师问我们长大了想做什么，我和很多人一样说想成为科学家。而今一晃已过不惑之年了，想成为真正的科学家也许已经不太可能了，但如果我努力，把中学里最喜欢的化学、大学里学的计算机、工作中学习的经营管理结合起来，我天真的想，说不定也能再做出点有意思的事儿。成不了科学家，但也许有机会成为未来（伟大）的科学家的助理，那也是一件很幸福的事儿。</span></p><p arial=\"\" break-word=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" transparent=\"\" ui=\"\" yahei=\"\"><span>———————————————</span></p><p arial=\"\" break-word=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" transparent=\"\" ui=\"\" yahei=\"\"><span>雷帝触网由资深媒体人雷建平创办，为头条签约作者，若转载请写明来源。</span></p><p arial=\"\" break-word=\"\" center=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" ui=\"\" yahei=\"\"><img src=\"https://static.tigerbbs.com/f61acd42be06433d91ab22bf5bc60456\"/></p><p arial=\"\" 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n黄峥辞任拼多多董事长：我想去摸一摸10年后路上的石头\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/52\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/f45a6cbcc8ec48a7a2f52177324d0c16);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">雷递 </p>\n<p class=\"h-time\">2021-03-17 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><div>\n<p><img arial=\"\" block=\"\" break-word=\"\" gb=\"\" helvetica=\"\" initial=\"\" neue=\"\" normal=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" src=\"https://static.tigerbbs.com/c6491a1e7dc04db4a39644bd002c6f8e\" transparent=\"\" ui=\"\" visible=\"\" yahei=\"\"/></p><p><span arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" pingfang=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\">雷帝网 乐天 3月17日报道</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span><a href=\"https://laohu8.com/S/PDD\">拼多多</a>今日发布2020年第四季度及全年财报。截至2020年底，平台年活跃买家数达7.884亿。四季度，拼多多营收增长146%至265.477亿元，全年营收增长97%至594.919亿元。</span></p><p><img src=\"https://static.tigerbbs.com/8c9e39fd9ac54cb79d0267cf8ae0e2f9\"/></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>同时，创始人黄峥发布了2021年度致股东信，宣布卸任拼多多董事长，由现任CEO陈磊接任。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在信中，黄峥表示，拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，有些探索现在已经正当其时。作为创始人，他希望能“跳脱出来去摸一摸10年后路上的石头”。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>黄峥说，“行业竞争的日益激烈甚至异化让我意识到这种传统的以规模和效率为主要导向的竞争是有其不可避免的问题的。要改变就必须在更底层、根本的问题上采取行动，要在核心科技和其基础理论上寻找答案”，“我想去做一些食品科学和生命科学领域的研究”。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在致股东信中，黄峥谈到了自己小时候的志向和兴趣，这也是他选择投身科研，从前沿基础科学探索行业发展的原因之一。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>“小时候，老师问我们长大了想做什么，我和很多人一样说想成为科学家。而今一晃已过不惑之年了，想成为真正的科学家也许已经不太可能了，但如果我努力，把中学里最喜欢的化学、大学里学的计算机、工作中学习的经营管理结合起来，我天真的想，说不定也能再做出点有意思的事儿。成不了科学家，但也许有机会成为未来（伟大）的科学家的助理，那也是一件很幸福的事儿……”</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在致股东信中，黄峥还分享了自己对拼多多现状和未来的判断。他表示，拼多多会努力成为一家成熟的、国际化的公众机构。上市三年，拼多多已从一个刚上小学的小孩，变成“进入青春期的少年，看着他的快速变化和成长，一旁的我既欣喜又焦虑。但无论是紧张兴奋，还是惶恐，它总会有他自己成长的道路，希望今天我退董事长会有助于这位少年独立成人。”</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>黄峥表示，在不再担任董事长和拼多多管理职位后，自己1:10的超级投票权也将失效。个人名下股份的投票权将委托拼多多董事会以投票的方式来进行决策。他承诺，个人名下的股票在未来3年内继续锁定，不出售。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>以下为黄峥2021年致股东信原文：</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>今年的股东信提前了一点，是为了及时和大家同步一个消息。刚刚开完的董事会上，董事们批准了我辞去拼多多董事长职位的请求，陈磊将从即日起接任董事长，并继续担任CEO一职。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>在不再担任董事长和拼多多管理职位后，我的1:10的超级投票权也将失效。我名下股份的投票权将委托拼多多董事会以投票的方式来进行决策，同时我个人承诺个人名下的股票在未来3年内继续锁定，不出售。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>去年7月1日我卸任了CEO，原本计划在一年整的时候和陈磊完成董事长职位的交接。两个原因让我们决定将这个计划中的交接进一步提前了一些。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>一是行业竞争的日益激烈甚至异化让我意识到这种传统的以规模和效率为主要导向的竞争是有其不可避免的问题的。要改变就必须在更底层、根本的问题上采取行动，要在核心科技和其基础理论上寻找答案。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>虽然拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，那么有些探索现在已经是正当其时了。我作为创始人，跳脱出来去摸一摸10年后路上的石头，可能是比较适合的人选。如果还能结合我自身的兴趣，那就再好不过了。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>二是因为疫情等原因导致的外部环境的剧烈变化，也加速了拼多多内部业务和管理的迭代。拼多多从一个纯轻资产的第三方平台，开始转重，在仓储、物流及农货源头开始进行新一轮的投入，新的业务开始在拼多多内萌芽并迅速成长。这既改变了拼多多，更催生了、锻炼了新一代的领导者、管理者，也是时候逐步让更多的后浪起来塑造属于他们的拼多多了。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>那么，后面的拼多多会是什么样子呢？我未必能决定，但却可以快乐地和大家分享我自己的想象。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>首先，拼多多会是一家永远把消费者利益和社会价值放在第一位的社会的企业。我们践行的“普惠、人为先、更开放”的新电商理念将在未来的日子里更鲜明地为行业和公众知晓。它面向最广大的人群，一点一滴的作出改进，努力为消费者，为社会创造价值，不论它是显著的还是不容易被看见的。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>也因为此，它将越来越受到大众的欢迎。它所面临的各种藩篱也会慢慢被打破，即使有时候会需要一点时间，甚至可能会有波折。但是“普惠，人为先，更开放” 应该是个方向，它将在这个新时代绽放出不一样的活力。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>其次，拼多多会是一家富予想象，不断迭代创新的企业。Costco+Disney 的愿景将会更具象、更生动地展现在面前。虽然当前还只是多实惠、多乐趣的初级阶段，但我们已经能够感受到多实惠叠加上多乐趣后带来的性质性的微妙的不同，感受到这背后的化学反应产生的 1+1&gt;2 的巨大力量。过去几年的实践让我们更加相信，这个愿景是丰富、有趣、值得憧憬、可以追求的。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>第三，拼多多会努力成为一家成熟的、国际化的公众机构。18年上市时的股东信里有这样一段话：“我们希望拼多多是一个公众机构，它为最广大的用户创造价值而存在。它不应该是彰显个人能力的工具，也不应该有过多的个人色彩。与此同时，它应该作为一个独立的公众机构，展示它作为一个机构独特的社会价值、组织结构和文化，并且因循着它自身独特的命运生生不息，不断演化。”</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>那个时候拼多多还像一个刚上小学的小孩，而今虽然只过了3年，拼多多却已像是正进入青春期的少年，看着他的快速变化和成长，一旁的我既欣喜又焦虑。但无论是紧张兴奋，还是惶恐，它总会有他自己成长的道路，希望今天我退董事长会有助于这位少年独立成人。</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>退了后我做什么呢？我想去做一些食品科学和生命科学领域的研究。拼多多是<a href=\"https://laohu8.com/S/000061\">农产品</a>起家的，过去几年里拼多多对农业领域的贡献主要还是在流通领域。通过提升流通领域效率，去中间补两头来让农民和消费者获益。但流通效率的提升毕竟不能从质上提升农产品的附加值，也不能性质性的大幅提升身体健康水平。那一步步往纵深走，我们能做些什么呢？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>比方说，通过对农产品种植过程的方法的控制，我们是否有可能对马铃薯、番薯、西红柿等的潜在有害重金属含量进行可靠有效的控制，同时对其可能有的、有益的微量元素进行可控的、可标准化的提升？如果以后有一种西红柿，每一颗都含有最适合我们身体的VC等微量元素，那我们的生活质量是否就会有明显的提高？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>再比如，如果我们能够比较透彻的了解不同的植物蛋白和动物蛋白在摄入人体后的变化和作用，进而通过植物蛋白来合成生产出肉的替代品，那这种新的素鸡2.0是否有可能成为更健康、更绿色的稳定供给？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>如果我们再进一步，深入到蛋白质结构及在人体内的性状的研究，我们是否有可能沿着2016年诺贝尔化学奖获得者的分子机器的道路，进一步研究出蛋白质<a href=\"https://laohu8.com/S/300024\">机器人</a>，可以进入到人的脑部血管进行疏通，避免中风？</span></p><p arial=\"\" gb=\"\" hei=\"\" micro=\"\" neue=\"\" normal=\"\" pingfang=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" start=\"\" yahei=\"\"><span>小时候，老师问我们长大了想做什么，我和很多人一样说想成为科学家。而今一晃已过不惑之年了，想成为真正的科学家也许已经不太可能了，但如果我努力，把中学里最喜欢的化学、大学里学的计算机、工作中学习的经营管理结合起来，我天真的想，说不定也能再做出点有意思的事儿。成不了科学家，但也许有机会成为未来（伟大）的科学家的助理，那也是一件很幸福的事儿。</span></p><p arial=\"\" break-word=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" transparent=\"\" ui=\"\" yahei=\"\"><span>———————————————</span></p><p arial=\"\" break-word=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" transparent=\"\" ui=\"\" yahei=\"\"><span>雷帝触网由资深媒体人雷建平创办，为头条签约作者，若转载请写明来源。</span></p><p arial=\"\" break-word=\"\" center=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" ui=\"\" yahei=\"\"><img src=\"https://static.tigerbbs.com/f61acd42be06433d91ab22bf5bc60456\"/></p><p arial=\"\" border-box=\"\" break-word=\"\" gb=\"\" helvetica=\"\" neue=\"\" rgb=\"\" sans=\"\" sans-serif=\"\" sc=\"\" ui=\"\" yahei=\"\"><img src=\"https://static.tigerbbs.com/afd1ddeabf254f09bd99a22220c190fe\"/></p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6f25b8228bc6d59f194bc0946ca03bd9","relate_stocks":{},"source_url":"http://mp.weixin.qq.com/s?__biz=MjM5MzQ5NjIyMQ==&mid=2661503998&idx=2&sn=c155bcc1379b45056638f919ca11ce26&chksm=bdc1de0c8ab6571a9b1dc5d959c2ef15d790d4f98f4618504f585ba6abffa621f61627007d7a&scene=0#rd","is_english":false,"share_image_url":"https://static.laohu8.com/ecd74548980bc5b366aa8f4b37ed0bd5","article_id":"2120180792","content_text":"雷帝网 乐天 3月17日报道拼多多今日发布2020年第四季度及全年财报。截至2020年底，平台年活跃买家数达7.884亿。四季度，拼多多营收增长146%至265.477亿元，全年营收增长97%至594.919亿元。同时，创始人黄峥发布了2021年度致股东信，宣布卸任拼多多董事长，由现任CEO陈磊接任。在信中，黄峥表示，拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，有些探索现在已经正当其时。作为创始人，他希望能“跳脱出来去摸一摸10年后路上的石头”。黄峥说，“行业竞争的日益激烈甚至异化让我意识到这种传统的以规模和效率为主要导向的竞争是有其不可避免的问题的。要改变就必须在更底层、根本的问题上采取行动，要在核心科技和其基础理论上寻找答案”，“我想去做一些食品科学和生命科学领域的研究”。在致股东信中，黄峥谈到了自己小时候的志向和兴趣，这也是他选择投身科研，从前沿基础科学探索行业发展的原因之一。“小时候，老师问我们长大了想做什么，我和很多人一样说想成为科学家。而今一晃已过不惑之年了，想成为真正的科学家也许已经不太可能了，但如果我努力，把中学里最喜欢的化学、大学里学的计算机、工作中学习的经营管理结合起来，我天真的想，说不定也能再做出点有意思的事儿。成不了科学家，但也许有机会成为未来（伟大）的科学家的助理，那也是一件很幸福的事儿……”在致股东信中，黄峥还分享了自己对拼多多现状和未来的判断。他表示，拼多多会努力成为一家成熟的、国际化的公众机构。上市三年，拼多多已从一个刚上小学的小孩，变成“进入青春期的少年，看着他的快速变化和成长，一旁的我既欣喜又焦虑。但无论是紧张兴奋，还是惶恐，它总会有他自己成长的道路，希望今天我退董事长会有助于这位少年独立成人。”黄峥表示，在不再担任董事长和拼多多管理职位后，自己1:10的超级投票权也将失效。个人名下股份的投票权将委托拼多多董事会以投票的方式来进行决策。他承诺，个人名下的股票在未来3年内继续锁定，不出售。以下为黄峥2021年致股东信原文：今年的股东信提前了一点，是为了及时和大家同步一个消息。刚刚开完的董事会上，董事们批准了我辞去拼多多董事长职位的请求，陈磊将从即日起接任董事长，并继续担任CEO一职。在不再担任董事长和拼多多管理职位后，我的1:10的超级投票权也将失效。我名下股份的投票权将委托拼多多董事会以投票的方式来进行决策，同时我个人承诺个人名下的股票在未来3年内继续锁定，不出售。去年7月1日我卸任了CEO，原本计划在一年整的时候和陈磊完成董事长职位的交接。两个原因让我们决定将这个计划中的交接进一步提前了一些。一是行业竞争的日益激烈甚至异化让我意识到这种传统的以规模和效率为主要导向的竞争是有其不可避免的问题的。要改变就必须在更底层、根本的问题上采取行动，要在核心科技和其基础理论上寻找答案。虽然拼多多自身还很年轻，还有很厚、很长的雪坡，还有比较长时间的高速增长空间，但如果要确保它10年后的高速高质量发展，那么有些探索现在已经是正当其时了。我作为创始人，跳脱出来去摸一摸10年后路上的石头，可能是比较适合的人选。如果还能结合我自身的兴趣，那就再好不过了。二是因为疫情等原因导致的外部环境的剧烈变化，也加速了拼多多内部业务和管理的迭代。拼多多从一个纯轻资产的第三方平台，开始转重，在仓储、物流及农货源头开始进行新一轮的投入，新的业务开始在拼多多内萌芽并迅速成长。这既改变了拼多多，更催生了、锻炼了新一代的领导者、管理者，也是时候逐步让更多的后浪起来塑造属于他们的拼多多了。那么，后面的拼多多会是什么样子呢？我未必能决定，但却可以快乐地和大家分享我自己的想象。首先，拼多多会是一家永远把消费者利益和社会价值放在第一位的社会的企业。我们践行的“普惠、人为先、更开放”的新电商理念将在未来的日子里更鲜明地为行业和公众知晓。它面向最广大的人群，一点一滴的作出改进，努力为消费者，为社会创造价值，不论它是显著的还是不容易被看见的。也因为此，它将越来越受到大众的欢迎。它所面临的各种藩篱也会慢慢被打破，即使有时候会需要一点时间，甚至可能会有波折。但是“普惠，人为先，更开放” 应该是个方向，它将在这个新时代绽放出不一样的活力。其次，拼多多会是一家富予想象，不断迭代创新的企业。Costco+Disney 的愿景将会更具象、更生动地展现在面前。虽然当前还只是多实惠、多乐趣的初级阶段，但我们已经能够感受到多实惠叠加上多乐趣后带来的性质性的微妙的不同，感受到这背后的化学反应产生的 1+1>2 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