The Millennium Semiconductor Survival Guide

During this period of time, Pierre was far from the only person who had opinions on Zhou Xin, including Goldman Sachs Vice President Jerry, who was the sponsor of Riot Games’ listing.

He tried his best to persuade Zhou Xin to put the money in Goldman Sachs, and Goldman Sachs would manage the money on his behalf.

Of course, apart from Jarrell, various Wall Street tycoons contacted Zhou Xin, and the one who impressed Zhou Xin the most was Bernard Madoff.

Madoff owns an asset management company under his own name. As the former chairman of the Nasdaq stock market, he has attracted a large number of investors and handed over money to his asset management company.

Because Zhou Xin was deeply impressed by the financial crisis in 2008. Apart from the bankruptcy of Lehman Brothers, the famous event after the outbreak of the financial crisis was the collapse of Madoff's Ponzi scheme.

In just two short contacts, Zhou Xin deeply felt that Madoff is a talent full of social attributes, and he can always tout it just right.

Financial practitioners on Wall Street, as long as they do well, their social skills will definitely not be bad, but it is the first time that Zhou Xin has seen Madoff who is so proficient in social skills.

Compared with Madoff, Jerrell's eloquence is no different from that of a recent law school graduate.

But even if Zhou Xin didn't know that the other party was a liar, he wouldn't give him the money.

"Boss, I still don't quite understand why you are selling Quora, aren't we doing well?

If Riot Games can be listed, so can Quora. The market value of Quora's listing is definitely higher than it is now. asked Jimmy Wells.

He and Larry Sanger have not yet made their fortunes, and their identities and visions are relatively limited.

Although they can vaguely feel that something is wrong with the increasing valuation of Internet companies, they lack the ability to perceive the essence of the problem like Pierre.

According to the original trajectory, the two will gradually transform into investors after the success of Wikipedia.

In other words, almost all successful early entrepreneurs in Silicon Valley will transform into angel investors.

Jimmy's question is also Sanger's question, "Boss, I can't understand either.

Quora has achieved profitability. Even if we do not pursue an IPO in the short term, Quora's valuation will only increase with the increase in the number of users. "

There is still dissatisfaction behind their doubts. The point of dissatisfaction is that Zhou Xin's sale of Quora will affect their interests.

Larry Sanger and Jimmy Wells have a total of 10% of the shares in their hands. The 10% of the shares are not divided equally, but distributed according to the proportion of Nupedia's shares.

Zhou Xin chose to sell all his shares in a package, which means that Internet companies in Silicon Valley will only consider acquiring shares from Zhou Xin.

Because even if you get 10% of their hands, it won't do anything.

Unless Zhou Xin is willing to split the shares, either by splitting and selling them, or keeping a part and selling a part, their 10% voting rights are meaningful.

The value of their 10% shares is still huge, but they do not enjoy a premium.

Especially after Quora was acquired, going public is completely beyond their influence.

Now that Quora wants to go public, it only needs to convince Zhou Xin alone. However, if Quora is sold to Yahoo or Microsoft, it needs to go through the resolution of the board of directors if it wants to go public.

If there's one thing that Quora least wants to sell, it's the two of them.

Zhou Xin: "The success Quora brought me has come to an end, it is a very successful and perfect product.

I'm also having trouble optimizing on this basis.

I'm a product manager. I built a perfect product and then sold it. Isn't this a natural thing?

We have one last feature of this product coming soon, and when it hits the market, Quora will be completely complete. "

"Congratulations on being a lucky user, Quora invites you to the Quora Product Launch on June 6th. Newman"

Rex also failed the Quora registration exam, and ended up buying a beta account registration verification code off EBay for fifty dollars.

Later, the price went up all the way, and now you want to buy it at least 130 US dollars.

After Rex opened the Quora page and entered the account password at the same time, he received a pop-up window on the home page.

Because the news that Quora was about to be sold spread throughout Silicon Valley, Rex, as an Internet practitioner in Silicon Valley, naturally heard the news.

The whole world knew that Newman was selling Quora, thanks to the media hype.

After deciding to sell, Quora held a press conference, and the byline was Zhou Xin, Rex felt very strange.

Because from the outside world, Zhou Xin does not like to show his face. Compared with other Internet companies that hold product launches every now and then, Zhou Xin has never held a product launch event.

Moreover, Quora is already a product with very complete functions. Zhou Xin is about to sell Quora, so there is no need for a product launch at this time.

Rex felt very strange.

"What do you think about Newman holding a Quora product launch event?"

This question quickly became a hot topic in the Internet sector, and a large number of users talked about their views below.

"Thank you, I am the editor-in-chief of Wired magazine, and we just received a notification from Quora that they will hold a press conference this time, and Newman himself will speak on stage.

The venue is at the Moscone Convention Center in San Francisco. "

The Moscone Conference Center is located at the intersection of Fourth Street and Howard Street in downtown San Francisco, very close to San Francisco International Airport.

In the brilliant 90s, many large technology giants held press conferences here, such as Apple, Oracle, Microsoft and so on.

"Almost all tech media in Silicon Valley have received invitations, including Information World Magazine, Red Herring Magazine, San Jose Mercury News, etc. We don't know exactly what the function is.

At the same time, according to the latest news that Yahoo executives and I have inquired about, Newman has not given up his intention to sell Quora. So now everyone is curious about the product launch conference held by Newman, what products will be released.

You must know that even for the epoch-making Internet product form of paid question and answer, Newman has never held a product launch conference.

This product launch is Newman's first product launch. Q friends and I are equally curious about what Newman will say. "

A week before the press conference, no one except Quora staff knew what Zhou Xin was going to say.

At the same time, all Internet companies are very nervous, and everyone is afraid that Quora will make another big move.

You must know that Quora did not launch such a big battle before the paid question and answer. As soon as the paid question and answer came out, the question and answer community that Yahoo spent a lot of effort to develop and promote suddenly became an outdated Internet celebrity.

Only the billboards on the side of the road in the entire San Francisco Bay Area have not been withdrawn to inform passing vehicles. The Yahoo Q\u0026A community was launched not long ago, and we have more than a dozen Nobel Prize winners as powerful shields.

There is also an interesting thing about these 13 Nobel Prize winners, that is, Joseph Taylor, the winner of the 1993 Nobel Prize in Physics, complained in an email with a friend:

"I already regret taking Yahoo's $100,000 invitation fee. For this reason, I signed an exclusive agreement and cannot register an account on any similar community. I would rather return the $100,000 to Yahoo and hope to use Quora normally. "

A screenshot of this passage in the email was posted in the answer to "What do you think of the Yahoo Answers community?" on Quora.

Later, this screenshot was also used by opponents of Yahoo to repeatedly mock it.

Standing in the background, Zhou Xin took a deep breath. To be honest, he has never experienced a similar occasion. Before the investment, at most a dozen people listened to it.

When I served as the plenipotentiary representative of ZTE to participate in the inquiry meeting in Washington, there were only a few hundred people.

But now in the entire venue, he felt that there were nearly 20,000 people, and the entire North Hall of the Moscone Center was almost occupied.

The Moscone Center consists of three main halls, and now there are only the North Hall and the West Hall. The North Hall can accommodate up to 20,000 people.

Therefore, Quora sent a total of 15,000 invitations to Quora's official users, and at the same time sent 2,000 invitations to the media.

The sense of oppression brought by 20,000 people is completely incomparable to that of hundreds of people, even though the hundreds of people were all his enemies before, but now the 20,000 people in the audience are all his friends.

Rex also came to the scene. He didn't come by plane, but drove himself. Silicon Valley is very close to San Francisco.

When checking the ticket on the spot, he complained in his heart and used the verification code again, which really looked like Newman.

Yes, entry is verified by captcha and Quora account.

Zhou Xin took a deep breath in the audience, and Aimo gave Zhou Xin a hug before he came on stage.

Zhou Xin calmed down after hearing a smell similar to sandalwood.

This small scene, no matter how bad it is, is that you say are you ok at the press conference, and then it is repeatedly made into a ghost video.

The lights on the stage came on, Zhou Xin strode onto the stage and waved around:

"Hi everyone, this is Quora and my first press conference myself."

On the big screen behind him, six-digit verification codes quickly appeared one after another, covering the entire screen.

Then the verification codes light up one after another, that is, there will be a brightness gap between the verification codes.

"Very well, the following is the press conference, the tickets distributed to all users through Quora, I know everyone will complain in their hearts, Newman must use the verification code no matter what the occasion.

Yes, the verification code that lights up on the back means that it has passed the inspection at the entrance, and we have issued a total of 15,000 verification codes.

Now I estimate that 80% of the lights are on. Let me look at the specific data on the teleprompter. 11,402 lights are on, which is about the same as my estimate of 12,000. "

Bill Gates and Jerry Yang were also invited to participate in this product launch, and they sat in the first row.

Potential buyers on Quora are invited.

Both Bill Gates and Jerry Yang were extremely shocked that so many users came to the site. This number fully proves the user stickiness of Quora.

Be aware that not all users live near San Francisco. They want to come to the conference, and some even need to take a long-distance plane.

Bill Gates thought to himself: "This is simply a miracle."

Yesterday, some readers said that they were repeatedly shocked. The main thing is that I am already good at writing, and I will do even more if I don’t write these. . . And the shock is actually very little