My Age of Investment

   Chapter 951 The Code of Profit

  A few days later, Stanford University Auditorium.

  Xia Jingxing sat on the stage and shared his entrepreneurial approach to thousands of teachers and students.

  "...I don’t have a project that just came up. When Facebook was first founded, I didn’t expect that one day it would serve hundreds of millions of users around the world. At that time, my team and I wanted to get out of Stanford University and cover all campuses in the United States.

  But with development and development, Facebook covers high schools and universities in the five countries of Britain, the United States, Australia, Canada and New Zealand. Internet users outside the school have protested more than once. Why does such a good website only serve students? Too narrow! There is no pattern!

  I remember one day when I turned on the computer, a line of words was written on the screen: Man, don’t have a girl in college all the time, everyone is waiting, let’s open it up! "

  Xia Jingxing shrugged, "I was shocked at the time, which **** hacked into my computer?

  I hurriedly checked the computer and found that no data was lost and no damage was done to the computer, so only this line was left.

  I was so depressed at the time, and Facebook was not open, did hackers get angry?

  Then I have to quickly open up, otherwise they might attack Facebook next time. "

  There was a burst of laughter from the stage, and among the thousands of eyes looking at the figure on the stage, there was envy, admiration, admiration, fanaticism...

   "Leo, I heard that you and Darren are fellow villagers? Do you know each other."

  Two students sitting in the audience, a flat-headed man about 30 years old asked another handsome-looking airplane-headed boy who was five or six years younger.

   "I don't know it, it's a city!" The boy at the plane head replied casually.

   "It's a pity! It would be great if you knew Darren. If he waved his hand and invested us eight million dollars, our project would take off."

  The flat-headed man had a rather regretful tone, and kept sighing.

  The boy in the plane head glanced at his companion and smiled: "Don't say ten million dollars. If you can invest us one million dollars, there will be hope for the project."

   "I have to find a chance to meet Darren!" The flat-headed man said firmly.

  The boy in the plane head sneered, "How to find opportunities? People are not in the same world as us. Didn't you just see so many bodyguards walking in with him? He rushed up brazenly, maybe the gun was on your forehead."

   "That's true! I definitely can't be too rash!"

  The flat-headed man nodded fiercely, and then said: “Hey, yes, didn’t the school make an announcement? It said that it can help outstanding entrepreneurs to connect with Vision Capital.”

  The boy on the plane head waved his hand, “I’ve seen it a long time ago. The request is a local American project, a campus project, where is our project?"

  The flat-headed man sighed, and soon he couldn’t do anything about it. "Isn’t your dad an official? I heard that Dai Lun’s dad is also a civil servant. Can you let your hometown think of a solution?"

  The plane's head held his chin, thought for a long time, then shook his head and said, "No! This contact method is not very good, and it is easy to arouse people's disgust."

  The flat-headed man let out a long sigh, "Then there is no way!"

  The plane head boy fell silent.

  On stage, Xia Jingxing’s sharing has also come to an end.

  "If you want to start a business on campus, I suggest you start with small, simple projects, and accumulate a certain amount of funds while training the team.

  For example, the open platform of Facebook requires a lot of small games and interesting applications. Android companies are currently recruiting a large number of development teams. "

   approaching the end, Xia Jingxing didn't forget to put up an advertisement, but it did not arouse any disgust from the students. Instead, there was a burst of warm applause from the audience.

  Different from ordinary chicken soup lectures, Xia Jingxing still shared a lot of entrepreneurial dry goods with students today, and finally pointed out a clear path for everyone.

  Many Stanford students make up their minds, and then form a team to develop a product, and then put it on Facebook or Android to try it.

  Especially Facebook, I heard that many small teams have received a lot of advertising share and paid props recharge share, and the profits are full, which makes the students jealous.

  The development of the open platform of Facebook is a little later than the open platform of Hainet. However, due to the large volume of Facebook, it has shown a trend of catching up from behind. The developer team on the platform also benefited, and many of them received venture capital.

  So, in the eyes of many people, this is also a good entrepreneurial track.

  Xia Jingxing, accompanied by Principal John, was surrounded by several security personnel and left through the back door.

  The boy at the head of the plane was heartbroken and chased in the direction where Xia Jingxing had left.

  The flat-headed man was stunned, then shouted: "Leo, are you really going?"

  The boy at the head of the plane didn't reply, and he walked faster.

  The flat-headed man did not stay out of the incident, and yelled while chasing him.

  "Dalun, what you said was very good. Old Joe's speech at school was not as popular as you."

  Principal John and Xia Jingxing walked side by side, turned his head and glanced at the latter, without concealing the appreciation and love in his eyes.

  The students who broke into their office and cheated on their angel investment have grown into the upstart in Silicon Valley, the richest man in China, and a Wall Street crocodile...

  As an angel investor and director of Facebook, he has received a lot of praise from the media because of this. There are a lot of titles such as "legendary investor", "most discerning principal", "Godfather of Silicon Valley" and so on.

  In fact, President John’s so many honors are not all due to his investment in Facebook. He is also an early investor and director of Google.

  But as the two companies continue to guilty, President John has resigned as a director of Google.

  He is more inclined to support Facebook whether it is from the heart or the behavior shown.

  Without him, there is so much money!

  Xia Jingxing was chatting with Principal John, when suddenly the bodyguard next to him moved and surrounded them with his back to the center.

  The boy at the head of the plane was stopped by a bodyguard a few meters away before he could get close to Xia Jingxing.

   "Man, I have no intentions, I am a student of Stanford Business School, this is my student ID, you see...

  I am also the CEO of a game company. I want to introduce my project to Darren. Can you give me a word? Don't worry, I won't go there, I'll just wait here. "

  Xia Jingxing and Principal John both noticed the young student who had rushed in.

  Principal John looked unhappy. He had already made repeated orders and did not allow any students to entangle the guests who came to the school to speak. As a result, this kind of thing happened! And it happened under his nose, nothing said, severe punishment!

   "Daren, let's go, I made you laugh!"

  Principal John patted Xia Jingxing on the shoulder, which was embarrassing enough, thinking about calling the latter away quickly.

  Xia Jingxing had already recognized the boy in the plane head at this time, his Sichuan and Sichuan fellow, the one who feeds himself a bag of salt.

  He didn't expect to meet Chen Ou here. After a little recollection, he remembered that the other party should have studied MBA from Singapore.

  In his previous life, when he was studying for a master's degree in financial engineering, he also met Chen Ou at a school party, and he knew each other.

  Later, after Chen Ou's "Spoken for Oneself" advertisement became popular, he really made him envy, who is also an alumnus, fellow and entrepreneur.

  Although the United States has gathered, the shared power bank project has achieved profitability later, so that the son of the richest man dare not mention the gambling appointment a few years ago.

  Chen Ou is a continuous successful entrepreneur.

  Xia Jingxing was about to step forward, and Chen Ou caught up with a round-faced flat-headed man behind him.

   Seeing the ugly-eyed Principal John and the few bodyguards who were waiting, the flat-headed man said anxiously: "It's over, it's over! Leo, you are in trouble this time!"

  At this time, Xia Jingxing walked towards the two with a smile on his face, and asked: "You two have something to do with me?"

   then asked again in Chinese: "Chinese?"

  Chen Ou nodded excitedly and replied in Chinese: "Yes, Mr. Xia, we are Stanford students and we have established a game battle platform called GGgame, the largest game battle platform in Singapore. I hope to get your investment."

   "Haofang Online?"

  Chen Ou did not expect Xia Jingxing to be so approachable, and he gained a lot of confidence, and began to explain: “Yes, Haofang Online only serves domestic users. Our goal is to become the largest game company in Southeast Asia.”

  Whether it works or not, Chen Ou knows that the cowhide must be blown out first to attract Xia Jingxing's interest.

  "The largest game company in Southeast Asia?"

  Xia Jingxing looked at Chen Ou and then at the companion beside him, which was quite interesting.

  Principal John walked up at this time, his serious expression put a lot of pressure on Chen Ou and his companions.

  After seeing the battle here, students kept coming around, gathering more and more.

   "I see, come to Envision Capital's Silicon Valley office tomorrow to see me, let's talk."

  Xia Jingxing's light and fluttering sentence made Chen Ou's eyebrows happy.

  He just wanted to say a few more words with Xia Jingxing, but he turned around and left.

   "Leo, are you too courageous? Amazing!" The companion gave Chen Ou a thumbs up, admiring from the bottom of his heart.

  Chen Ou smiled, "Forrest, isn't this the idea you gave me? It doesn't matter if it fails.

  In school, it’s impossible to really take a gun and blow me up, right? There is a high probability of being stopped and not allowed to approach. It's great to be punished one by one by school. "

  Speaking of this, Chen Ou clenched his fists and waved, "But as long as there is such a chance, we must hold it tightly and don't let it go!"

  The flat-headed man with the same name as A-Gump nodded: "Yes! Who knew that it was so easy to succeed, Mr. Xia really has no arrogance at all."

   "Wrong! It hasn't succeeded yet. Let's prepare quickly. We will visit President Xia tomorrow and try to win in one fell swoop."

  On the other side, President John was asking Xia Jing’s behavior so optimistic about the Chinese student. He was prevaricated by Xia Jingxing on the grounds that he intends to open up the Southeast Asian market for domestic games.

  Principal John didn't ask much, and started to ask about Enoch's situation.

  The child was born at the Stanford Medical Center. The old man knew very well that Christina had given birth to a son for Xia Jingxing and even visited him.

   "The health of the child is good! But do you plan to keep it like this? Sooner or later, you won't be able to keep it."

  Principal John sighed, "If you had listened to my advice, you wouldn't have had so much trouble at all."

  Xia Jingxing smiled and did not speak. At that time, Principal John entrusted him and the little dog to apply for a green card and apply for naturalization, and he took the trouble to analyze the pros and cons of naturalization and non-naturalization for them.

  After he got his green card, the old man urged him to become a citizen.

  He had no choice but to prevaricate the old man until the prevarication couldn't go on, and he also returned to the country.

  Tucao a few words, Principal John was too lazy to say, he took Xia Jingxing to his office, and talked about the development of Facebook and YouTube and some of the problems they faced.

   "I don't worry about Facebook at all, and the countdown has entered the market."

  Principal John is a computer industry expert who underestimated the financial crisis or didn’t know much about finance. He didn’t even notice that the listing plan had almost disappeared.

   "What I am really worried about is the tubing. The loss is too exaggerated!"

Speaking of this, Principal John seemed worried: "The 600 million US dollars invested by Microsoft last year has been burned seven or eight eighty-eight. Even after this year, next year, it will have to raise a round of financing. Point revenue simply cannot fill the terrible consumption of bandwidth.

  Considering the user growth rate and the increase in the number and duration of videos, next year’s financing scale must be more than one billion U.S. dollars.

  A video website that has lost nearly one billion U.S. dollars, the profit is far away, and the losses are getting bigger and bigger. Who wants to invest more than one billion U.S. dollars? "

   "Microsoft!"

  Xia Jingxing said with a smile: “They have priority investment rights in Series B financing.”

  Principal John shook his head: "I think they will probably give up their investment rights. Don't expect them to fight the fire, or you might even take advantage of the fire."

  Xia Jingxing nodded slightly, looking thoughtful.

  Principal John sighed, "You have a lot of ideas. Hurry up and find a way to increase the attractiveness of the tubing to capital, otherwise this capital game can't be played anymore."

  Xia Jingxing muttered in her heart, I have a hammer approach. A video website with 500 million registered users has three or four billion monthly active users. Every day users watch more than 100 million hours of video content.

  Hearing these data, the heads of industry professionals directly become bigger.

  Simply put, video sites are not for startups, they can only become vassals of giants, or one of the ecology that sounds better.

   "Tubing made predictions and will be able to cross the break-even line in two or three years."

  Principal John shook his head and laughed, "You should tell the capital. I don't believe it anyway. The growth rate of advertising business simply cannot surpass the growth rate of users and bandwidth."

  Xia Jingxing thought for a while, and said: "I have noticed a trend of changes in the data transmission mode of the global Internet.

  The traditional model is a pyramid structure, with small ISP service providers at the bottom level connecting upwards level by level, and the highest level is a transcontinental telecom operator.

  In the future, the top dozen websites in the world may occupy 30% of the entire Internet traffic, each using their own data centers and transmission pipelines.

  As far as I know, Google is investing heavily in "dark fiber". "

   "Dark fiber?"

  Old man John murmured, he is no stranger to this thing, referring to the idle fiber optic cable that has been laid but not yet put into use.

  In many cases, communication companies will lay more optical fibers than they need to meet future needs, while avoiding the high cost of repeated optical fiber laying.

  Dark fiber can be rented or sold to individuals or other companies to build edge computer rooms and spread the edge computing and CDN of some of their servers.

  In this case, for example, the user is a user of a broadband operator, and this broadband operator and Youtube have signed a Peering agreement, which is also called bandwidth exchange.

  Then the user's request for access to the oil pipeline will be routed to the edge computer room deployed in City A, and then transmitted on the intranet of the oil pipeline, which greatly saves the number of network routes and improves the access speed.

  However, Youtube will not pay bandwidth fees to the operator in City A for this reason-even though it should have been paid, the mutual exemption will be exempted after signing the peer-to-peer agreement.

Principal John understood what Xia Jingxing said after a little thought, frowning: "You want tubing to invest in dark fiber, and then use these fiber resources to sign bandwidth exchange agreements with other ISP service providers, and other access providers can use tubing for free. The fiber optic network of other people can also be used for free by the oil pipe.

  In this way, the broadband cost of the tubing is almost no, all the cost is only the depreciation of the fiber and the router. "

  Xia Jingxing smiled, as expected to be a big coffee who will win the Turing Award in the future, so soon I figured it out.

   "Yes, let's invest in network infrastructure ourselves. After long-term calculations, it will definitely make a profit without loss."

  Principal John said: “It takes a lot of money to spend at once, and there is not that much money on the oil pipeline account unless there is another round of financing.”

  Xia Jingxing nodded slightly, “I know that Facebook can also join this plan to share the cost of network infrastructure construction with the oil pipeline.”

  Principal John nodded, "This is also a way. Without an ISP middleman to make the difference, it will definitely save a lot of bandwidth consumption costs."

  Xia Jingxing smiles, Google is not stupid, and will make a loss-making business?

  In fact, this is also the password for YouTube to achieve profitability. It really controls the bandwidth cost. Otherwise, can it be generous enough to divide the advertisement into the bulk of the video and give it to the video blogger?

  Because Google has invested too much in dark fiber, some media have even begun to question whether Google wants to hijack the Internet based on public rights.

  In fact, Google has not less threatened operators with this stuff.

  France has experienced the problem of slow access to oil pipes for broadband users across the country. The reason is that all French operators have not signed a bandwidth exchange agreement with Google.

  French telecom operators believe that if they want French users to access tubing faster, Google must lease French broadband from them.

   To put it bluntly, it means that the French can't understand Google's arrogant and arrogant pair of white prostitutes, so they got together and gave Google a little bit of color.

  As a result, Google did not bow its head at all, and took advantage of the trend to launch a tool to rate ISP services, which is to "test the user's home network access tubing."

  If the test result is not good, YouTube will tell the user a detailed science popularization. This is mainly the operator’s pot, and it is recommended that the user change to an operator that supports Google’s bandwidth exchange agreement.

  So, the European Union has really not wronged this man by fined Google. This is not an abuse of market dominance. What counts?

He remembers that after the expansion of Google’s business in the past, he also directly engaged in a GoogleFiber Google fiber plan, providing ultra-high-speed broadband up to 1Gbps per second, and later launched TV and Internet service packages for individual users in the community, and major telecom operators. Grabbing business is very bold.

  Principal John pondered for a moment, then raised his head and said: "First investigate, and then come up with a plan to discuss and verify, what do you think?"

  Xia Jingxing nodded, "Okay, just do it!"

  (End of this chapter)