Since 1983

Mr. Xu returned to the company muttering about hooliganism all the way, and decided to give himself a few months off and sleep separately.

Go to the seventh floor first, throw the phone to Xiao Xu, and ask, Have you seen it? What is it about?

It's ugly, I don't want to see it. How do you play this?

How can I play with one phone call? I'll go up and have a look.

Go ahead.

Xiao Xu fiddled with the new toy without looking up.

Xu Fei went up to the ninth floor again, came to Times Venture Capital, and saw a vigorous young man in a suit in his thirties.

Mr. Xu, hello, hello! My surname is Li, a native of Beijing. I just came back from studying in the United States. I'm pretty hardworking and have a degree. I specialize in Internet research. I heard that Mr. Xu is very interested in this area?

As he spoke, he arranged a list of certificates to show his true identity.

Yes, the Internet is an emerging industry. I am very optimistic about it, and I am willing to help ambitious and talented people realize their dreams.

Then I would like to thank Mr. Xu first. To tell you the truth, I came back to China this time to start a real Internet company. It can be said that there is nothing in the country. The most famous and most sought after is actually Ying Haiwei, which is pitiful.

What happened to Ying Haiwei?

That's a second-rate dealer, and what he does is not the Internet at all.

what you up to?

President Xu, have you ever heard of Yahoo?

know a little.

Yahoo just went public in the US in April, and the total stock price reached 500 million US dollars on the first day! You know, it has only been established for more than two years!

What I want to do is China Yahoo! Take a cue from their business model, the information is free to monetize through advertising, and I guarantee you will be paid back in a few months.

...

Xu Fei poked his ears, Are you sure Yahoo can make money in China?

A good example is in front of you, it's definitely possible.

After chatting for a few more words, and confirming that this guy is not cheating, but sincerely thinking, he said: It seems that we can't talk, please come back.

Mr. Xu! Mr. Xu!

This person was dragged away by the security guards and kept yelling: You are short-sighted, you are short-sighted, you will regret it!

Chi slip!

Teacher Xu took a sip of hot tea, Chinese wolfberry, chrysanthemum and American ginseng, feeling very happy.

There are quite a few appointments today, so I decided to meet them together. Not long after, a second guest came and asked, Have you heard of Yahoo?

see a visitor out!

Follow the third person: Mr. Xu, if we want to do it, we will be China's Yahoo, and you will earn 100 million a year!

Go slowly.

Fourth place: Yahoo can be transplanted to China, it is the most advanced business model.

No more, let's go.

Chiliu! Chiliu!

Xu Fei brewed this cup of tea several times before exhaling slowly.

In 1994, David Filo and Jerry Yang of Stanford University in the United States established their own Internet guide information database as a way to record personal interest in the Internet.

Soon after, the two founded Yahoo, which provides services to users through N multiple categories. In layman's terms, it is similar to a navigation + search website.

At the beginning, it did not have its own search engine, and relied on third-party technologies such as AltaVista, Inktomi, and Google as background services. It was not until 2004 that it developed its own search engine.

Its model is to provide information for free and make money from advertising. In fact, it was very bleak. In 1995, the turnover was only 1.3 million US dollars, and there was a loss of 630,000 US dollars.

But people have high traffic and many users!

This attracted capital injection, and with the help of the Internet industry, it only took two years to promote the listing, with a market value of 39 billion US dollars.

After listing, it became a new media model, e-mail + portal, etc., which attracted a large number of followers.

Those who want to make money from e-commerce are fools, and they have to spend money on the website... Hire a few scolding gunmen with high salaries, and find a few cultural celebrities as targets, whoever fires will be put out!

What does the website rely on? It depends on the click-through rate. When the click-through rate goes up, the next home will follow. How much money you put in, add one zero and sell it directly to the next family.

Some people talk about acquisitions and immediately cash out, and you don’t even need to talk about giving you stocks. If you are interested, you can invest 8 million to 10 million. I dare not say more. I will guarantee you to earn 100 million a year.

I'm talking about dollars!

This passage is the golden rule in the early stage of the Internet. Don't expect to make money from websites, all the money is outside the market, in the stock market.

The dot-com bubble burst around 2000, only to pick up after that. Boss Xu's plan is to make a quick run before the bubble bursts, and then buy back at the bottom.

Maybe Times Ventures is not well-known, and all they find are low-grade goods. Talking about Yahoo must talk about profits, and talking about Yahoo must talk about profits, pure deceit.

Xu Fei endured for a few days, and finally wrote a few words, saying: Make a sign and hang it on the door, and then advertise.

Fight like this?

right.

The manager went tremblingly.

The next day, there was a large and eye-catching sign at the entrance of the company: Liars and China Yahoo are not allowed!

…………

The whole country was in full swing, and the crowd applauded.

Mr. Xu turned a deaf ear to the crime of hooliganism, and put all his recent energy on venture capital. The phrase Cheaters and China Yahoo are not allowed to enter was published in the newspaper and instantly became popular in the industry.

The people who came to look for them were no longer low-level goods.

Today, Teacher Xu finally saw a familiar face, whose head looked like a grunt if it was bigger.

Mr. Xu, my name is Zhang Chaoyang, a graduate of the Department of Physics of Tsinghua University, and a postdoctoral fellow at MIT. In 1994, he served as the liaison officer for MIT's Asia-Pacific region (China). He returned to China at the end of last year and served as the chief representative of the American ISI company in China.

After reviewing his resume first, 32-year-old Zhang Huhu has a correct attitude and dare not fool around, saying: Now I want to start my own business, but I have no idea what to do.

You must be knowledgeable. Today I am seeking investment and advice. Oh, if you don't mind.

It's okay, let's talk first.

Holding his cup of tea, Xu Fei said with a smile, Everyone tells me about Yahoo recently, so I put up that brand. Do you think the Yahoo model can be successful in China?

It's not possible at the moment, the domestic Internet user base is too small, and the Internet access conditions are insufficient.

Is there any advantage in the country?

Of course. We built the ChinaNet national backbone network in January, which shows that the national level attaches great importance to it.

As the living conditions of the common people continue to improve, computers will become a mass commodity sooner or later. By then, China's huge population will become the largest market.

What do you think of Ying Haiwei?

It won't last long. In China or in the early days of the Internet, it is not suitable for charging.

Then what do you think...

I think it is more important to occupy this huge market first if we want to create a free thing.

But don't know what to do?

Uh, huh.

Zhang Huhu smiled awkwardly, took a sip of tea to cover up, and was stunned as soon as he entered the mouth, why is Mr. Xu so hypocritical? !

Historically, he returned to China at the end of last year, and went to sea this year to attract investment everywhere. Finally, with the support of two American professors, an Aitexin company was established.

I didn't know what to do at first, and it took more than a year of groping before I gradually became clear.

Xu Fei wanted to seize the opportunity to go public to collect money, and simply taught him directly. He asked someone to bring a blackboard, and started pretending, oh no, giving lectures.

(besides……)