Reborn IT Giant

Chapter 445 Investing in Yahoo!

For Zheng Yan, Netscape was an abandoned son who was about to be abandoned. He did not want to have too much contact with Netscape unless necessary. Therefore, after the joining of Steve Jobs at Elite Technology, Zheng Yan temporarily gave up his relationship with Jim Clark.

Plan to meet.

On Sunday morning, after Zheng Yan had breakfast, he waited in the hotel for the arrival of Jerry Yang and David Filo. Seeing that it was almost ten o'clock, Jerry walked into Zheng Yan's room.

"Boss, the person in charge of Yahoo is here."

"Let them in."

Zheng Yan has also been looking forward to this meeting for a long time.

"Please take a seat. You seem a little nervous. Would you like to have a cup of coffee to relax?"

Nowadays, Yahoo is not a famous Internet giant, and Jerry Yang and David Filo are not billionaires. They are still students at Stanford University. It is inevitable that they will look nervous when facing Zheng Yan, but Zheng Yan

But I don't like this atmosphere.

"No, thank you."

Yang Zhiyuan has not forgotten the purpose of coming here today. They are here to get Zheng Yan's investment, not for Zheng Yan's coffee.

"Let's have a drink and let's chat while we drink. Jerry, pour everyone a cup of coffee."

Perhaps in order to take the absolute initiative, Zheng Yan made the decision for them even though Yang Zhiyuan had refused.

"Don't be nervous. We are just the same age. It's just that I have better luck. You have to know that whether you can get investment from me depends on your next performance. Do you want to use your current situation?"

Does your state convince me?"

Maybe Zheng Yan's words had an effect, maybe the two of them had adapted to the situation, David Ferro said: "You're right, we were a little nervous just now, but we won't be anymore, now we can start

?”

After all, Jerry Yang and David Filo are not ordinary people, and they quickly adjusted their mentality.

"Of course, you can start at any time." Zheng Yan said casually.

After hearing Zheng Yan's words, Yang Zhiyuan and David Ferro looked at each other, and then Yang Zhiyuan took out two pieces of information from the briefcase he carried with him and handed one of them to Zheng Yan.

"This is an introduction to our company, as well as some plans for the company's development. You can read it, or you can choose not to read it, because I will talk about it next."

"David and I are both senior computer and network enthusiasts, so we often use the Internet in our spare time. However, we found that although there was a lot of content on the Internet that we were interested in, the site could not be saved, and we had to re-enter the address to log in every time."

"In addition, we also found that there is no structured way to effectively organize this information to facilitate everyone's browsing, just like a library without a book search list."

"Can you imagine what it would be like to look for books in a library that has tens of thousands, or even hundreds of thousands of books, but no book search directory? It would be a terrible feeling, and that's why we want to change that.

Condition."

"We want to design a road map for the Internet, just like a library's search catalog, which organizes users' favorite websites according to different themes, and also designs a search engine to help users find the target website as quickly as possible."

"To achieve this goal, we started compiling tools more than a year ago and named this tool "World Wide Web Wizard". Currently, the number of websites on this wizard is close to 10,000, and we believe that the number of websites will increase in the future.

More and more."

“I have to say that this is a very huge and tedious task. As the content increases, we need to do more and more work. But in order for ourselves and our friends to surf the Internet more comfortably, we still

I persisted.”

"You heard me right, the original intention of us doing this is just for the convenience of surfing the Internet for ourselves and our friends, or for fun."

"As for setting up a company now, that's because we have invested too much energy in it. Even if we graduate in the future, we will not have the energy to go out to work. As for giving up Yahoo, we are not willing to give up, so we can only choose to change our interest into

Become a business."

“…”

"I'm very sorry, please allow me to interrupt. Your initial idea is very good, and your persistence is also very admirable.

However, what I want to know is the current situation of your company, as well as your future plans and profit prospects for the company."

"But you don't seem to have mentioned any of the things I care about. You have to know that I am an investor now. As an investor, my first concern is how to get a return on my investment."

For Zheng Yan, investing in Yahoo was a solid plan, and today's meeting was just a formality. After listening to Yang Zhiyuan's talk for a long time, Zheng Yan became impatient.

"I'm very sorry, but every time I talk about Yahoo, I always have endless things to say. Our goal is to become the largest media company in the world, and we believe we can achieve this goal."

"A long time ago, Amerie and Microsoft sent us acquisition invitations, but at that time we still regarded Yahoo as a hobby, so we rejected it. But I think this can already show the potential of our company."

"Currently, Yahoo has more than 500,000 daily visits, and this number is still increasing. According to David and I's plan, the company will use the traffic of web pages to sell advertisements, which will also become the company's main source of income.

."

"We have conducted investigations in this area before and have also consulted with some professionals. Although the current penetration rate of the Internet is not very high, the online advertising market is still not small, and it should be about 20 million US dollars."

"The most important thing is that we haven't found any strong competitors yet. In other words, the online advertising market is almost exclusively owned by us."

After all, Jerry Yang is still a student. When he talked about the market share of 20 million US dollars, he couldn't hide the excitement in his eyes, and David Ferro's performance on the side was exactly the same.

Thinking about how Jerry Yang and David Filo, who would soon become billionaires, were so excited about 20 million U.S. dollars, and it was market share, not company profits, this made Zheng Yan feel that this meeting was not as exciting as he imagined.

boring.

"Advertising revenue is indeed a good profit point, but as a company, you can't just rely on one project to make money. Do you have other plans?"

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