Chapter 607: Liars and Chinese Yahoo are not allowed to enter

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

I went to the seventh floor first, threw my phone to Xiao Xu, and asked, "Have you seen it?"

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

"How can you play with a phone call? I'll go up and take a look. ”

"There you go. ”

Xiao Xu tinkered with the new toy and didn't raise his head.

Xu Fei went up to the ninth floor again, came to Times Ventures, and saw a young man in a suit who was in his thirties and was very energetic.

"Mr. Xu, hello, hello! My surname is Li, a native of Beijing, I just returned from studying in the United States, and I am quite diligent and have a degree. I specialize in the Internet, and I heard that Mr. Xu is very interested in this aspect?"

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

"Yes, the Internet is an emerging industry, I am very optimistic, and I am willing to help ambitious and talented people achieve their dreams. ”

"Then I would like to thank Mr. Xu first. To tell you the truth, I came back to China to start a real Internet company. At present, it can be said that there is a blank in China, and the most famous and sought after is Yinghaiwei, which is pitiful. ”

"What's wrong with Ying Haiwei?"

"That's a second-hand dealer, and it's not the Internet at all. ”

"What do you want to do?"

"Mr. Xu, have you ever heard of Yahoo?"

"Know a little. ”

"Yahoo just went public in the United States in April, and the total stock price reached $500 million on the first day! You know, it has only been around for more than two years!

What I want to do is Yahoo China! Borrowing from their operating model, the information is free to monetize through advertising, and I guarantee that you will receive a return in a few months. ”

“......”

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

"It's a great example in front of you, for sure. ”

After chatting a few more words, he confirmed that this product was not a pit person, but a sincere thought, and said: "It seems that we can't talk about it, please go back." ”

"Mr. Xu!"

This person was dragged away by the security guard, and shouted vigorously: "You are short-sighted, you have no eyes, you will regret it!"

"Wow!"

Teacher Xu took a sip of hot tea, wolfberry chrysanthemum American ginseng, beautiful.

There are a lot of appointments today, so I just saw them together. After a while, a second guest came and asked, "Have you heard of Yahoo?"

"Sending off!"

followed the third place: "Mr. Xu, if we want to do it, we will be Chinese Yahoo, and you will earn 100 million a year!"

"Walk slowly. ”

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

"Don't send it, let's go. ”

"Woohoo!

Xu Fei brewed this cup of tea several times, and slowly exhaled.

In 1994, David Ferro and Zhiyuan Yang of Stanford University in the United States established their own database of Internet guides as a way to document personal interest in the Internet.

Soon after, the two founded Yahoo to serve users through N multi-category. In layman's terms, it is similar to a navigation + search website.

At first, it did not have its own search engine, relying on third-party technologies such as AltaVista, Inktomi, and Google to provide back-end services, and 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 is very bleak, with a turnover of only $1.3 million in 95 and a loss of 630,000 dollars.

But people's traffic is high, and there are many users!

This attracted capital injection, taking advantage of the east wind of the Internet industry, and in just two years, it boosted the listing, with a market value of 39 billion US dollars.

After the listing, it has become a new media model, mailbox + portal, etc., which has attracted a large number of followers.

"Those who want to make money from e-commerce are fools, and websites have to spend money...... Hire a few scolding gunmen with a high salary, and find a few cultural celebrities as targets, and whoever is on fire will be extinguished!

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

If someone talks about acquisitions, they will cash out immediately, and you don't have 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 stages of the Internet. Don't expect to make money on websites, the money is all over the counter, in the stock market.

The dot-com bubble burst around 2000 and then picked up again. Boss Xu's plan is to run away before the bubble bursts, and then buy back at the bottom.

Maybe the reputation of the venture capital of the times is not big, and all the low-level goods are found, and Yahoo must be mentioned when talking about it, and Yahoo must talk about profit, which is pure foolishness.

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

"Hit like this?"

"Yes. ”

The manager went tremblingly.

The next day, there was a big and eye-catching sign at the entrance of the company: "Scammers and Chinese Yahoo are not allowed to enter!"

............

The nationwide crackdown is in full swing, and the masses applaud.

Criminal gangs were swept up on a large scale, and "car bandits, road tyrants," "coal tyrants," "city tyrants," and "vegetable tyrants" were arrested one after another, and a large number of illegal guns were confiscated.

Xu Fei's hometown province is the most powerful, and more than 8,000 have been confiscated.

He has turned a deaf ear to hooliganism and has focused his recent efforts on venture capital. The phrase "liars and Chinese Yahoo are not allowed to enter" was published in the newspaper, and it instantly became popular all over the country.

The people who come to find it are no longer low-grade goods.

On this day, Mr. Xu finally looked at a familiar face, and his head was bigger and like a grunt.

"Mr. Xu, my name is Zhang Chaoyang, graduated from the Department of Physics of Tsinghua University, and is a postdoctoral fellow at MIT. In '94, he served as the head of MIT Asia-Pacific (China) liaison, and returned to China at the end of last year to serve as the chief representative of ISI in China. ”

After breaking his resume first, the 32-year-old Zhang Fox had a good attitude and didn't dare to fool, and said: "Now I want to start a business alone, but I haven't thought about what to do."

You must be knowledgeable, I am looking for investment and guidance today. Oh, if you don't dislike it. ”

"It's okay, let's talk first. ”

Xu Fei held his tea and said with a smile: "Recently, everyone has been telling me about Yahoo, and I just hung up that sign." Do you think the Yahoo model can succeed in China?"

"At present, it is impossible, the number of domestic netizens is too small, and the Internet access conditions are insufficient. ”

"Is there an 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.

And the living conditions of the people are constantly improving, and sooner or later computers will become a mass commodity. At that point, China's huge population will be the largest market. ”

"What do you think of Info Highway?"

"It doesn't last long, and it is not suitable for the charging model in China or the entire early stage of the Internet. ”

"Then what do you think ......?"

"I think it's important to make a free thing and occupy this huge market first. ”

"But I don't know what exactly?"

"Uh, hehe. ”

Zhang Fox smiled awkwardly, took a sip of tea to cover up, and was stunned when he entered his mouth, Mr. Xu is so vain? !

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

At first, I didn't know what to do, but it took me more than a year to slowly get through.

Xu Fei wanted to grasp the money in the listing circle, so he simply taught directly, asked people to bring a blackboard, and began to pretend, oh no, lecturing.

(And ...... )