Chapter Twenty-Six: Sequoia Capital's Conspiracy

Henry browsed the American financial network and found that the website mainly provides a variety of financial news, and profoundly exposes the economic problems of the United States, and even has a senior economist column comment area, the content looks very high!

Steve Keys was clever enough to come up with an economist column and use celebrity power!!

After Henry read it, he also had to admire one or two.

But Steve Keys would be naïve to think that he could defeat Henry on that basis!

The U.S. financial network has indeed attracted a lot of people at present. One is because it's fresh, and the other is because many of the main people who go online are indeed business people. However, Americans pay attention to the economy, usually they read newspapers and watch television, and they do not have the habit of reading economic news on the Internet, so the number of people who go online is actually not exaggerated! At present, the main purpose of people who go online is to communicate, business, and technology.

They exchange information, and most often they use email!

And global online e-mail has been recognized by people! When people are getting used to using global online e-mail, even if you ask him to change an e-mail, he is too troublesome to change it. Unless there's a disruptive technological innovation in this email, user habits will be hard to change!

And with the increasing number of Internet users and the decrease in the level of knowledge, people use the Internet more for the purpose of pursuing entertainment!!

In fact, communication is also a form of entertainment!

IQ, QQ, MSN and other instant messaging software that will be active in the Internet in the future are good communication platforms, and many people linger all day long, and they are attached to chatting. And then to the popularity of Facebook community communication sites, communication has almost become an indispensable part of people's entertainment in the Internet!

At this stage, AOL has indeed made a good move. But whether the next move will continue to play well, it is difficult to predict!

Soon after, AOL lost two lawsuits one after another!

In the first lawsuit, the judge ruled AOL for infringing Netscape's graphics browser patent, paid $2 million in damages, and required AOL to make certain modifications to the browser before it could be put into operation. At the same time, it is necessary for Netscape to grant some patents to AL Browser, otherwise, the judge will sentence him to monopoly! Of course, AOL must pay Netscape a certain amount of patent fees every year!

The second lawsuit, with roughly the same content, is that the United States Online infringed the global online patent graphic email patent and paid $1 million in damages. However, Global Online must also authorize some patents, otherwise it will form a monopoly.

Monopoly is a serious problem in the United States.

In the previous life, Apple was about to go bankrupt, the Microsoft system had no opponents, and seeing that the axe of monopoly was about to fall, Microsoft reached out and pulled Apple!

In the previous life, AMD was almost finished, and Intel threw a piece of meat for it to eat, and AMD survived!

Henry also knew the seriousness of the problem, and he said that he couldn't do anything except helplessness!

But how can patent fees not be killed?

AOL shouted that the patent fee is too expensive, Henry said that the patent fee is very expensive, and now there are only two graphical interface browsers on the market, that is to say, the two browsers monopolize the market, how can this not be a little more expensive? Besides, the patent fee is expensive for everyone's sake, you see, the patent fee is expensive, the threshold for entering the browser industry is high, and there are not too many people to join the competition, and the ultimate beneficiary is not your AOL...... Is there still a Netscape company!

AOL is depressed to eat, but I have to eat!

As the dust settles in the lawsuit, the conflict between Henry and AOL has also died down.

AOL has rarely shouted anymore, and now it is a shrunken turtle, or maybe it is lying on the salary to taste the guts!

With what Henry knew about Steve Case, he would rather believe the latter!

Apple has signed two bad contracts in succession in Scully's hands, the first is to agree to Microsoft's use of some of Apple's system interface patents, and the second is to sign an agreement with AOL to install AL Browser! These two shocks are much stronger than in the previous life, playing the role of one plus one is greater than two!

Apple is on the verge of bankruptcy!

Of course, Apple is by no means going bankrupt anytime soon!

Maybe a year or two, maybe three or four years, maybe longer. In the previous life, Apple fell into bankruptcy in 1996 and lost hundreds of millions of dollars in a single quarter! No way, Microsoft broke out that year, and Apple suffered a catastrophe! Now, Apple has only hurt its vitality, but it has not hurt the roots!

It was windy and pouring rain outside, and the weather was terrible!

After Henry reviewed the papers, he fell asleep directly on his desk. During this time, Henry was also busy, not to mention that AOL added to him, and Sequoia Capital also started small moves!

Sequoia Capital helped AOL fight the Nicholas Group, and it was already good that Henry didn't trouble him, but it actually caused trouble in Cisco again!

With the development of time, the network speed of the US Science Foundation network will be completed ahead of schedule this year, and at that time, the cost of accessing the Internet will be greatly reduced, and the network speed will also be greatly improved! Cisco's performance during this period has been increasing explosively every month, and it has set up a European branch in France and an Asian branch in Hong Kong.

Originally, the establishment of an Asian branch in Japan was the most conducive to the development of the company, but Henry was not happy with Japan. If Mao wants to help them develop their networks, if they want to go, they must first go to Hong Kong, Hong Kong's geographical location and economy are not inferior to Japan, but the place is a little smaller, but it has a wide radiation response, which is also beneficial to Cisco's business in Asia!

Sequoia Capital disagreed with Henry on this point, believing that it would be in the best interest of the company to establish a branch in Japan!

Henry firmly disagreed.

Sequoia Capital was very angry and began to woo the Bossaks and the company's management to create pressure on Henry!

But the Bosses supported Henry, and John Chambers was also promoted by Henry and has now taken the position of CEO of the company, while Bossak has been replaced as chief technology officer, and Lerner has continued to serve as the company's financial director. The entire upper echelons of the company are of the same mind as Henry, and it is useless for Sequoia Capital to say that it is useless.

I don't know what it was thinking, but it actually began to urge the company to go public!

Henry originally had a plan to list Cisco, and only by going public and financing could Cisco really be rich, become a local tyrant, and then wave checks everywhere, become an acquisition king, and become a giant existence!

But the time for listing and financing has not yet arrived, and Henry feels that it is undoubtedly the best time to wait for the acceleration of the American Science Foundation Network to choose to go public before choosing to go public!

Cisco is now not just developing routers, but also switches and modems.

Modem dial-up is needed, and at first it was not necessary to dial up to access the Internet, but since the American Science Foundation network was in the hands of American capitalists, it has changed and gradually moved towards commercialization. It costs money to access the network, and you need to dial up to access the Internet. Modems were also born, and Cisco was one of the first companies to produce this thing!

Now there are more and more network equipment production companies, but Cisco has always been the leader!

However, there are still many companies chasing after them, especially the most prominent ones!

When Henry's battle with AOL was in full swing, Sequoia Capital continued to invest $50 million in the company. Originally, Sequoia Capital was an angel investor, and it already accounted for a lot of shares in the first round of investment, and this time it invested again, obviously very optimistic, and even wanted to make it the best network equipment provider in the United States and even the world!

And this, in every sense of the word, is to the detriment of Cisco!

When Henry heard the news, he secretly analyzed that Sequoia Capital was anxious to let Cisco go public, did it want to cash out, and then desperately help the company develop? (There are fewer updates today, and more tomorrow...... Thank you for your continued support!)