根据清科集团报告:2005年以来,VC、PE参与投资的互联网公司达上千家,而目前已经上市的企业却屈指可数,很多都是昙花一现。几年间,互联网行业的竞争已日趋白热化,各公司都亟需寻找自己的赢利点,即便是行业中首屈一指的大头也都如履薄冰,日子未必好过。这块蛋糕,好看却也未必好吃。垂直电商面临资金链断裂与高库存难题 According to the Zero2IPO Group report: since 2005, VC, PE investment in Internet companies reached thousands, and now there are only a handful of listed companies, many are short-lived. In recent years, competition in the Internet industry has become more and more intense. Companies are in dire need of finding their own profit points. Even the biggest names in the industry are on the ice, and the days may not be better. This piece of cake, but it may not taste good. Vertical e-commerce is facing the problem of capital chain fracture and high inventory