Chapter 1187: Investing in Yahoo
"What does this mean? What kind of company is this? It was only established at the end of last year, and it's only been five months, what are the results?"
One shareholder asked.
"What for? Didn't the introduction say? Yes....... What does this mean?"
The other person wanted to explain, but he didn't understand it himself.
"Everyone, you have to learn the knowledge of the Internet, we are popular in the world but we want to be the best venture capital company, the future is the world of the Internet, if you don't know what the Internet is, then others will question us. ”
Liu Lang looked at these people and said with a smile, these shareholders are all tycoons in the entertainment industry, and they really don't know much about the new industry of the Internet, they don't know that the future entertainment industry will rely on the Internet to make more money.
"Jimmy, it doesn't matter if we don't understand, you just understand, in a word, we listen to you!"
One of Fox's major shareholders said "shamelessly."
"Yes, we just make money, everything is up to you!"
Others chimed in.
"Okay, okay, listen to me, then call the two founders of Yahoo, well, Yang and David, over to talk!"
Yahoo is the famous Yahoo in the previous life, if there is a logo in the Internet age, then more than ninety percent of people will rate the establishment of this company as a sign of the Internet era, as some experts say: everyone knows that one day the Internet will change the whole world, but without Yahoo!
That's right, the company introduction in Liu Lang's hands now is this Yahoo company, a small company founded in Silicon Valley in November 91 with only seven people.
When the two founders of Yahoo came to Fengxing Investment Company, they still had an incredible expression, their company was founded less than half a year ago, and the technology was not yet mature, but there was an idea, and in this case, a venture capital company took the initiative to come to the door.
Of course, now there are a lot of Internet-related companies in Silicon Valley, the more famous Netscape company, which has been sought after by the capital market, and it is said that it will be listed this year, after all, Netscape has been established for two years, Yahoo can't compare, just as young as the two founders in front of him.
"You are Yang Jingyuan, the founder of Yahoo, a Chinese?"
A shareholder who is popular in the world looked at one of them and asked, in fact, he doesn't know if the other party is Chinese, East Asians look similar, but he is most familiar with Chinese, after all, Liu Lang is a Chinese, and many Americans have learned about China through Liu Lang.
"Well, I came to the U.S. from Wanwan when I was two years old and am now a junior at Stanford University. ”
Yang Jingyuan replied.
Liu Lang looked at these two people from the side, especially this Yang Jingyuan, he was the same as the photos on the Internet in his previous life, a typical Chinese appearance, with small eyes, wearing a pair of big glasses, and looking a little scholarly.
"Jimmy, this is your compatriot and your junior!"
Another shareholder looked at Liu Lang.
"That's right, Mr. Yang Jingyuan, Mr. Fei Luo, let me introduce myself, I am Jimmy Liu, a shareholder and chief analyst of Fengxing Investment, and it is a pleasure to meet the two. ”
Liu Lang introduced himself to the other party, and then what he expected happened.
"What? You're Mr. Jimmy, that genius boy, God, it's really you!"
The two people on the other side shouted at the same time, and the affection was like fans seeing their idols.
Several other shareholders in the world are not surprised, the two founders of Netscape are in their forties, and they have similar expressions when they first saw Liu Lang.
They don't understand why these geniuses who are engaged in the Internet are the same when they see Liu Lang, shouldn't geniuses have their own arrogance?
Of course, they can't understand it, because they don't know what the book "Digital Survival" is in the Internet industry.
This book can be said to be the "bible" of Internet people, and there is no one who has not read this book in Internet companies now, and they have all found inspiration in the book, and in some ways, there would be no business without this book.
It is no exaggeration to say that in this life, Netscape, Yahoo and other Internet companies were established earlier than in the previous life, and Yahoo should have been established at the end of 93 years in the previous life, and this life was established two years ahead of schedule, and it was established at the end of 91 years, which is the impact of "Digital Survival", and now it seems that this influence has affected the Internet era.
Yang Jingyuan has a different feeling about Liu Lang than others, both of them are Chinese, and they are both Stanford students, but he is now an undergraduate student, and Liu Lang is a graduate student, so Yang Jingyuan is still Liu Lang's younger brother.
Well, Yang Jingyuan's age is actually thirteen years older than Liu Lang, this can't be helped, don't compare with Liu Lang.
The time of this meeting was not very long, the negotiation between the two sides ended in an hour, in fact, it took less than an hour, and it took only ten minutes for Yang Jingyuan and Fei Luo to agree to Liu Lang's conditions, and the rest of the time was just chatting.
Thirty percent of the shares of 10 million US dollars, this is the price proposed by Liu Lang, and if they still need capital injection in the later stage, he can increase the investment.
When Yang Jingyuan and Fei Luo heard this price, they almost sat on the ground, ten million dollars! What kind of concept is this?
Last year, Netscape also received an investment of 10 million US dollars, and the popular world got 20% of the shares, and their price code was higher than Yahoo, but at that time, Netscape was already well-known in Silicon Valley, and the two founders were not hairy boys, they were both university professors, and many venture capital companies also targeted them, and the popular world had to give enough price codes to impress them.
What is Yahoo? It has only been established for half a year, and the so-called search engine is only a prototype, and many people are not optimistic about their products; under such conditions, Liu Lang made a decision to invest 10 million US dollars, let alone 30 percent of the price, even 50 percent of them would accept it.
But the two of them are not fools, Liu Lang can come up with an investment of 10 million yuan, which shows that he is very optimistic about their project, can the project that is valued by the first person on the Internet be bad? What the two gain more is confidence, which is more important than money.
The two parties quickly signed the contract, and the contract was negotiated, and everyone was a family, because Yang Jingyuan and Fei Luo were both very young, both teenagers in their twenties, and the shareholders were very curious about the two, especially Yang Jingyuan's Chinese identity.
"Jimmy, you are from Liaobei, China, where is this young man Yang from in China?"
One shareholder asked.
"He's from Wanwan and it's a very rich place. ”
Liu Lang replied.