Chapter 1127: The Next Target "Yahoo"
Liu Lang will not participate in the business, but yesterday the board of directors has already made a preliminary plan, 10 million US dollars to exchange at least 25 to 30 percent of the other party's shares, and at the same time enjoy the corresponding shareholder rights, which needs to be discussed.
Liu Lang didn't participate in the business, he didn't like to talk about words, what he liked was a soldier who surrendered without a fight, and he still didn't like this kind of business full of copper smell, it didn't matter if Liu Lang participated, the other shareholders were veteran negotiators, and they knew how to fight for their own interests.
In China, talking about money hurts feelings, but in the United States, even if the two sides quarrel during the negotiation, as long as the cooperation is successful, then everyone will be good friends from now on.
The two sides talked for less than an hour, and finally Fengxing Investment offered 10 million US dollars to acquire 27% of the other party's shares, which is a reasonable range, but the 27% of the shares can only enjoy 15% of the management rights, this is the rule of venture capital, the party that owns the company is afraid that investors will participate in the operation, after all, many shareholders of venture capital companies are laymen, they only value interests, do not know how to operate an unfamiliar company, especially Internet companies, those shareholders of Fengxing do not understand at all, if it is not for Liu Lang, they will not care about what browser。
Of course, the owner has its own requirements, the investor also has requirements, popular investment requires the other party must meet the conditions for listing within one year, it is very easy to list in the United States, but there are also requirements, at least through the conditions of the exchange, and the popular side is to require the other party to be listed on the NASDAQ exchange, because listing means that they can have returns.
Netscape now has only seven employees, except for Clark and Sam, everyone else is in their thirties, such companies abound in Silicon Valley, some can be favored by venture capital, and some are not cared for, so Netscape is still relatively lucky, because their browser has already caused the idea, of course, this is only a small range, there are also some venture capital companies and they are in contact, but the price given by the other party is not very ideal, they signed an agreement with Fengxing Investment so quickly is completely the reason for Liu Lang。
Fengxing invested 10 million US dollars, which is a lot of money, but Liu Lang feels that it is too worthwhile, and the yield after they go public in the future will be at least dozens of times, or even 100 times, you must know that in the previous life, Netscape was acquired by AOL for 4.2 billion US dollars in 2000000 years, and at that time the Internet bubble had already shown signs of bursting, and in this case, it was enough to buy 4.2 billion US dollars to show the strength of Netscape, and Netscape is not just the kind of leather bag company that speculates on the concept, he has real technology in it, and the reason why Netscape died later is that he has not competed with opponents at all, this is the reason for decision-making, not a technical disadvantage。
The big waves wash the sand, even some gold will be pressed under the huge waves, only the luckiest gold can stand out, look at 20 years later, even in the Internet era, but how many Internet companies? The stronger the stronger, the dealer takes all is the rule of any market, the demise of Netscape is not a crime of war, just a little less lucky.
The early appearance of Netscape attracted Liu Lang's attention, which should not be a special case, and I believe that there are some companies that appeared in advance because of the book "Digital Survival".
Netscape also needs Liu Lang to use "superpowers" to search in the depths of memory, but there is a company that does not need to search, it is the earliest batch of Internet companies in the United States and even the world, and it is also the leader in this batch of Internet companies, and even his appearance has affected the development of the Internet and has become the object of imitation by many latecomers, so that more than 20 years later, when the company had to go bankrupt, it triggered the emotion of the global Internet bosses, this company is Yahoo, which was established in 94 years in the previous life.
China's first generation of netizens are definitely no strangers to Yahoo, and it is not an exaggeration to evaluate it with Internet enlightenment, and this company also plays a very important role in another Chinese Internet company, that is, the later Ali company, if there is no Yahoo investment in the early Ali company, Ali may not be able to survive the most cruel Internet winter.
In the previous life, the company was founded in '94, and its stock price was only a little more than $4 when it went public in '96, but two years later, in August '98, it was close to $100, a 25-fold surge, and the company's market value reached $9.1 billion.
According to the data released by the US "Business Week" in the '98s, Yahoo was the company with the fastest stock appreciation in this year, with a growth rate of 450 percent in the value of its shares, creating a miracle.
Yahoo is Liu Lang's very important investment target, it can be said that it is a million profits, and the investment value is much higher than Netscape, but in the previous life, Yahoo was established in 95 years, and there are still nearly four years to go, if they are also inspired by the book "Digital Survival", it may also be established in advance like Netscape, and you must pay attention to this company.
Liu Lang will not always stay in the United States, so he instructed the management to focus on the trends of Internet companies in Silicon Valley, such as any companies founded by Chinese Americans to report to him as soon as possible.
The management team of Fengxing Investment is very professional, and the executive David Brown earns $500,000 a year, with stimulus clauses that allow him to receive an additional income of up to 1 to 5 percent of the investment amount each year.
He can get 300,000 yuan by investing 10 million US dollars in Netscape, such an income is already a first-line executive in the United States, and his ability is beyond doubt, and the most important thing is that David is a loyal fan of Liu Lang and obeys Liu Lang's words.
Liu Lang asked him to pay attention to the Chinese in Silicon Valley, and although he was curious, he kept it in mind.
The founder of Yahoo is a Wanwan Chinese, which is rare in the Internet era, and the place where Yahoo was founded is in Silicon Valley, in fact, whether it is Yahoo or the later Amazon Inc., the earliest started in Silicon Valley, it can be said that Silicon Valley is the birthplace of the Internet in the United States and even the world.
Chinese plus Silicon Valley, these two conditions can position Yahoo, as long as they are established, then Yahoo will not be able to run, and it will be discovered by Liu Lang as soon as possible and then inject funds and wait to make money.
Even Liu Lang had an idea, could he let Ren Weitian's Guowei Company also go to the United States to join in the fun, so as to strengthen himself.