"So why is the number of netizens explosive in just over a year, I think we all know that the biggest point of the Internet is convenience, as long as there is something on the Internet, as long as a website can be found.

However, the initial Internet search for information was still more troublesome, which I think Jerry and David felt the most, resulting in the initial Internet users were still very few. ”

Everyone looked at the two, and the two smiled and nodded.

It was this feeling that allowed Jerry and David to complete the precursor of Yahoo at school, and at that time it began to become the first choice for many Internet users, who could find useful information through Yahoo.

This is also the first feeling I had when I saw Yahoo after surfing the Internet, since there are a large number of people using it, then it represents a vast market.

......

The reason why newspapers and TV are free for people to watch is still of great value (although many newspapers or TV are charged) is because newspapers and TV have a large number of users, and Yahoo is the same.

Television and newspapers make money through a lot of advertising, and Yahoo or Internet advertising will certainly do the same.

It was with this in mind that I found two people with my thoughts on the profit model of Yahoo's website and $500,000 in cash, and finally I was honored to become a shareholder of Yahoo. ”

After listening to Li Feng's words, everyone applauded, in fact, this is the case, the winner is the king, and the loser is the villain. Now that Yahoo is optimistic, Li Feng's original investment is naturally praised by everyone.

......

"Now that we're on the Internet, what do we do at the beginning? A lot of people's first reaction is a browser, or just Netscape Browser, and that's what I'm going to say next.

In the absence of a browser, it is still very troublesome for netizens to surf the Internet, and it is the emergence of browsers that makes it convenient and fast for netizens to find information, which is also one of the reasons for the surge in Internet users.

Netscape, on the other hand, is unique among other browsers and has already outpaced the rest.

I don't know if anyone has counted what Internet users use to use web browsers now?

According to my interviews, the usage rate of Netscape has roughly reached about 70%, which means that Netscape Browser has almost monopolized the browser market, which means that it has monopolized the entrance for netizens to access the Internet.

With tens of millions of Internet users in use and a growing number of Internet users, combined with a near-monopoly browser market share, Netscape can't afford not to succeed.

......

I heard that Netscape is already preparing for an IPO, and I asked you to borrow money, in fact, just for Netscape, I wonder if I can acquire some shares before the IPO and make some money for myself.

According to my personal assumption, in 3-5 years at most, the number of Internet users in the United States should reach 50 million-100 million, and the world is estimated to exceed hundreds of millions, and Netscape is the same all over the world.

Of course, as an aside, Yahoo is no different, and if it can seize the opportunity to be the first to open up the market in the world, it will be a great success.

So, in addition to the loan I offered, I also wanted to contact Netscape through Sequoia Capital to see if I could buy some shares.

As for 3-5 years from now, I think the Internet will only develop faster and faster, especially in some developing countries, such as China, as long as the economy grows and the people have money, the popularization of the Internet has become inevitable. ”

......

"So according to your estimates, if Netscape is listed, how much income you can make, you must know that you said that you will repay 20%. Valentine asked with a smile.

Obviously, Valentine prefers Sequoia Capital to borrow directly, firstly with Yahoo shares as collateral, and secondly, the 20% income is actually quite a lot.

"Individuals tend to have 100-200% gains. ”

After listening to Li Feng's very positive answer, everyone was surprised.

"Holy Son, why are you so sure?" David couldn't help but ask. After listening to David's question, in fact, everyone also looked at Li Feng with a puzzled look.

"This is based on my own analysis, of course, no one knows how to do it in the end, I can only say that there is a 70% chance of reaching it, as for whether this IPO can be successful, I bet on him to be 100% successful. ”

Of course, Li Feng thought in his heart that 2-3 times is still less, and the history of his previous life has already explained everything. At the same time, I won't tell them that in the end, Netscape was acquired, and eventually Netscape disbanded and disappeared.

......

"Netscape I also know something, my old friend invested in Netscape before, and it really has to happen according to what Li said, it seems that this time KPCB they are going to dig a gold mine.

Let's not talk about the borrowing problem, then I'll help you inquire about the situation of Netscape first, see if they are willing to let you take a part of the shares, and then talk about borrowing. ”

After speaking, without waiting for a reply, Valentine directly picked up the phone and dialed it, and everyone looked at Valentine, knowing that he had gone to inquire about Netscape.

After listening to Valentine's words, Li Feng also reacted, this is the time to call Durjohn, didn't Valentin say that KPCB dug up the gold mine.

I thought to myself, I knew that KPCB was also a shareholder of Netscape, so I went directly to Dülljohn, and now let Sequoia Capital come forward, I don't know what the result will be.

I have to say that as a reborn person, Li Feng is still a little lonely and unheard, KPCB invests in Netscape, as long as people who know a little bit about the Internet may know, after all, the original Netscape is too famous, but unfortunately Li Feng is a "half-hanging" Internet person.

......

"Hey, Dürr, are you alright?"

"Oh, yes, I'd like to get you a little bit more information this time. ”

"Yes, I heard Netscape is ready to go public?"

"Hey, Silicon Valley is actually not big, and it doesn't seem difficult for Netscape to go public, isn't it? ”

"Okay, is your roadshow over? How about I introduce an investor to you?"

"Yes, you're familiar with it too, so let's not say who it is. ”

"Okay, then we'll talk in a moment, but what's your launch price?"

"Okay, we'll be all chatting in Netscape for a while. ”

......

Hanging up the phone, Valentine looked at the crowd, looked at the crowd expectantly looking at him, and then smiled.

"Okay, Holy Son, your nose is really smart, Durr said, and they also reached an agreement with Morgan Stanley and just filed an S-1 file with the SEC (Securities and Exchange Commission), but I didn't expect you to start targeting.

In principle, I agree to borrow, and I don't need to go to the bank, I think you can give us Sequoia Capital with 20% interest. ”

After listening to Valentine's words, the remaining partners also smiled and nodded, after all, in business, the $10 million interest picked up for nothing makes no sense to push it out, isn't it.

Besides, don't worry about not being able to get on, and even hope that Li Feng really can't pay it back, then Yahoo's shares will be Sequoia Capital's, and for the future of Yahoo, everyone in Sequoia Capital is full of confidence now.

After that, Li Feng asked Zach to negotiate a loan agreement with Sequoia Capital's lawyers.

borrowed it so smoothly, which made Li Feng also breathe a sigh of relief, thinking, next is the time for Li Feng to show his talents, after all, with capital, you can lay out the Internet early, isn't it.

......

For this trip, Li Feng is very satisfied, the first has completed the loan, and the second has successfully caught the line of Netscape, as for whether he can buy shares, that is another matter.

In fact, what Li Feng didn't know was that although Netscape started its IPO journey and reached an agreement with Morgan Stanley, the listing of Internet companies is a new thing after all, and Netscape has not yet made a profit and is still posting money, so they are a little worried about the failure of the IPO.

Before the roadshow, there are investors who are willing to invest, in fact, whether it is Netscape or some shareholders, or even Morgan Stanley, it is a very favorable condition for the next Netscape IPO.

As long as there are investors who are willing to pay and take the lead in reaching a purchase agreement, those who will be more assured about Netscape in the next IPO journey will be more conducive to Netscape's road to listing.

Dürjohn is well aware of this, after all, KPCB is the majority shareholder of Netscape, and has been in contact with Morgan Stanley before, and the other party also has concerns about this.

Therefore, when Valentine said that there were investors who were willing to pay now, Doerr directly agreed.

......

What Li Feng didn't know was that after Durr hung up Valentine's phone, he immediately contacted the two founders of Netscape and Morgan Stanley, and several parties agreed to meet Netscape next and contact the buyer - the investor that Valentin said.

At this time, Du Erke didn't know that the investor was Li Feng, the "holy son" in the mouth of himself and others.

Yes, Li Feng's title of the Holy Son has spread among Yahoo and a group of investors, and has even been recognized by everyone.

After all, he was only 15 years old, was born as an orphan, and took out all his capital and courage to invest in Yahoo, so that everyone has a feeling of "the back waves of the Yangtze River push the front waves".