Rebirth of the Burning Era

v2 Chapter 433: The most expensive industry emerges

?Speaking of "classmates who started a business in the garage", Sun Dawei's face is shining!

Even in the United States, the Internet is a new thing, with simple functions, rough pages, mediocre performance, and scary device requirements...

Even with all kinds of difficulties, college students and professors in American colleges and universities are happy to spend their time and energy on this thing that can transcend time and space. From its birth to the present, in just two years, the scientific research of the Internet in the United States has The world and the business world are about to become hot words all the time.

In 1994, two young people from Stanford University who liked to surf the Internet found that many URLs they found were too troublesome to manage, so they organized these bookmarks into categories, compiled them into software, and put them on the Internet for other surfers. Enjoy.

After that, the two named the management website Yahoo after a group of savages in Gulliver's Travels.

In the new era of the Internet, this easy-to-use website quickly became popular, and in less than half a year, the number of hits exceeded one million.

These two young people who both understand science and have business acumen saw this situation and immediately made a business plan. Through Wall Street capital, they found the world's top investment bank Sequoia Capital, and persuaded each other, Raised $1 million.

With this money, the two men realized that the rest of the school's doctoral program would only be a drag on their careers, so they decided to drop out, holding two million dollars, in a garage, hired a few Alumni, started their real ventures.

Among these alumni, there is Sun Dawei.

It looks like a good start, even a fantastic one.

However, although the Internet is fashionable, it has not found a very good way to make money. The two million dollars will soon be spent, and it is impossible to make ends meet. At this time, AOL took a fancy to this newly started company and proposed a complete acquisition. The Yahoo company.

The company's two young bosses rejected AOL without hesitation.

But if he refuses, he refuses, and the money has to continue to be burned. Yahoo, which looks prosperous, is really like a big stove that burns money. The fiery grand occasion is completely thrown into the stove.

Seeing that it was almost unbearable, in the fall of 1995, Masayoshi Son of SoftBank came to the door and injected another two million dollars into Yahoo, which made the company that was almost dying again hang a sigh of relief.

But the problem is, even with these two million dollars, Yahoo still hasn't found a profit point and is still burning money.

It took more than half a year for the last two million to be spent, but this time, it is estimated that the two million will be burnt out in less than half a year...

Sun Dawei is a caring person. Once chatting, he pretended to inadvertently revealed to Yang Zhiyuan, the Asian founder of Yahoo, that there was a boss like Liang Yifei in China, and he once said that he was willing to invest in good projects;

Yang Zhiyuan was skeptical. He was not from the mainland, and his knowledge of the mainland was very limited. He had a stereotyped impression. ? One hundred thousand yuan? Or half a million? This is a drop in the bucket for Yahoo.

Moreover, mainland bosses, can you understand what the Internet is? They don't think the Internet is like a fishing net, right?

After going abroad, Sun Dawei really opened his eyes. He felt that these domestic bosses were really rude, but Liang Yifei had a very good impression on him, so he persuaded Yang Zhiyuan again and again.

In Chinese, if you have jujube, you can beat it.

So Sun Dawei came here this time to ask Liang Yifei to invest, which is called financing in foreign language.

"Principal, although Yahoo is currently not profitable, the clicks, users and other data are very high, and the increase is amazing. If you need, I will ask the United States to send a copy of the data..." I think about the current situation of Yahoo, It was indeed a little hard to tell, Sun Dawei finally explained.

"Dawei..." Liang Yifei pondered for a moment and said, "The Internet is an emerging thing. The past few decades have been the industrial age, and the future may be the Internet age, so I have confidence in the Internet."

"Internet era?!" Sun Dawei was stunned by this word!

He loves the Internet and has confidence in the Internet. However, at present, even the most optimistic people in the United States are not so sure that the future world will enter an era where the Internet will rule everything.

If so, isn't it interesting to invest?

Before he came back, he also had Yang Zhiyuan's worries: First, Liang Yifei had little money, and his understanding of Liang Yifei was limited to when he came back early last year, when the Chinese Turtle Essence was just listed. At that time, Liang Yifei was a rich man, but he was not rich yet. Flowing oil, you can get involved in investment banking.

Secondly, I am also worried that Liang Yifei does not know enough about the Internet and is unwilling to invest in this illusory project.

But at present, Liang Yifei's confidence in the Internet is amazing, and at the same time, he has won the CCTV standard king. It is foreseeable that he will definitely make a lot of money in the future, and he will not be short of money.

"However, let's discuss things on a case-by-case basis, and deal with specific cases in detail." Liang Yifei smiled at him, indicating that he should not be so excited, and said, "I am willing to invest in Yahoo, but how many shares can I exchange for my investment, or so to speak, in Yahoo! After both Sequoia and Softbank have invested, how much money do I have to invest in order to enter the threshold and Yahoo is willing to accept it?”

At present, Yahoo has made two investments, each with two million US dollars, which is actually equivalent to having already gone through an angel investment and a round of financing.

Even if there is no prophet, just guess according to common sense, in the environment where the Internet limelight is coming, two of the world's top super investment banks have already stopped financing, so what is the valuation of Yahoo at this time? How much can you spend on yourself?

There is also a deep-seated problem. For companies with potential financing, the selection of targets is also very particular. It is not necessary to have money. Generally, large investment banks with background and reputation are the first choice, so as to help them go public and develop in the future.

Will Yahoo, based in the United States, accept investment from a private enterprise owner far away in China?

It's all uncertainty.

What's more, there are still huge barriers between China and the United States at this time, whether it is economy, cultural customs, or ideology, as well as the understanding and trust of the people of both sides in each other, will constitute obstacles.

For Yahoo, Liang Yifei has a certain memory of the prophet. After all, it is one of the world's largest super Internet companies. MBA has related tutorials. If I remember correctly, in the middle of this year, Yahoo will use like 3, 40% of the shares, one-time $100 million from Sun Zhengyi, followed by listing, and then the stock price tripled on the same day.

At this stage, when an opportunity comes to the door, Liang Yifei naturally wants to take a bite, but how can he get chestnuts out of the fire?

"Well..." An unnatural look appeared on Sun Dawei's face, and he said hesitantly, "Principal, this time, it's not actually financing, um, it's borrowing money..."

As he said that, without waiting for Liang Yifei to scold his mother, he immediately said, "But the interest rate is very high, and the annual interest rate can reach 50%."

Then he looked at Liang Yifei with some trepidation.

Liang Yifei laughed and said, "Dawei, do you really think that my money can't be spent when I'm idle? Let me tell you this, in China, no matter where my money is invested, it won't only be a mere hundred per year. Fifty percent of the return?"

"Principal, I know it's not good to mention this, but I think so, you may not be short of money now, but you lack the opportunity to communicate with the most cutting-edge technologies in the world. After all, China started too late. If you are far behind foreign countries, no matter how hard you try to catch up, I am afraid that within a few years or even decades, you will still have to learn to be an honest apprentice, but the Internet is different. This thing has only just started in the United States. , we have a chance to catch up or even surpass it in the shortest time."

Sun Dawei said a lot in one breath, swallowed, pursed his lips, and said seriously: "Contact with Yahoo is an opportunity to get in touch with the Internet and then learn."

Liang Yifei had been listening to his speech, and he was a little surprised. He didn't realize that Sun Dawei looked like a nerd, but he looked at problems very viciously.

Overtaking on a curve, this sentence has been shouted for more than ten years, but where in the world are there any shortcuts? At best, it takes 50 years for people to catch up, and we spend 20 or 10 years to catch up. Those so-called shortcuts seem to surpass them, but in the end, without exception, they are all overturned.

Only the Internet, UU Reading www.uukanshu.com As Sun Dawei analyzed, the gap between the two sides is too small for this piece of technology, and China has a large population base, but there is a possibility of overtaking, which is actually the case.

"Principal, did I say something wrong?" Sun Dawei asked carefully when Liang Yifei didn't speak.

"Dawei, you're right, I agree with your point of view very much." Liang Yifei nodded and said, "Well, three million dollars is not a loan, but financing, but I don't participate in any Yahoo management and voting. You can ask, how many shares can you give me... Well, let's put it this way, since I agree with your point of view, then the shares can be less, it doesn't matter, but in the future, I hope that when the need arises, I can appropriately send some people to Yahoo! Study, or internship, you must make it clear to the other party.”

"Then I'll make a long-distance inquiry immediately. Three million dollars can solve Yahoo's urgent needs." Sun Dawei got up and prepared to call next door. Three million dollars is not too much. If it is the first round, I'm afraid he can get ten A few points, although Yahoo's valuation has skyrocketed at this time, and Liang Yifei is a Chinese entrepreneur, but no matter how much discount, there can still be considerable results

"This is not in a hurry." Liang Yifei said: "Dawei, I want to talk to you about the main point. It's not actually Yahoo, but another matter."