Chapter 55: Netscape in Venture Capital!

At that time, this group of Wall Street elites considered investing in Netscape entirely from the perspective of the success rate of return on investment, and under the conditions at that time, no Wall Street investors would be willing to invest $4 million in a company that had no development prospects or profit points, and even a company name was not determined.

"Actually, I don't understand, why did Kleina Perkins agree to invest in our company in the end?" Jia Lei asked curiously, he felt that if the other party was not a reborn like himself, there was no reason to invest in a company that did not have any profit channels at that time.

"Thanks to Doerr and Joy interceding on the board of directors of their investment company, Kleina Perkins was willing to give us $4 million in a try. That's not a lot of money for a big company like theirs, so even a loss doesn't matter much!" Jim Clark said with a wry smile.

In addition to the three million dollars that Jia Lei just sent to the door. The 4 million is the only investment he brought in after opening the company.

"Actually, it's not wrong that Kleina Berkins Investment Fund has this idea, and most of my venture capital investments are also invested with the idea of casting a wide net to catch fish!

And as long as one of the dozens of companies I invested in can be successfully listed, then I will be able to earn back the investment principal of all the projects, and if I am lucky, I can even make a lot of money. Jia Lei nodded in agreement.

This wide-net investment philosophy has always been the essence of venture capital, the so-called venture capital is to take a certain amount of risk to make money, if investors really want to only make money and not lose money, then they can only buy government bonds.

Although Kleiner Perkins initially refused to invest in Netscape, Doerr and Joy were keenly aware that the product Netscape wanted to invent could have great prospects in the future.

The two Kleinner Birkin partners often get together to discuss the technologies that will emerge in country M in the next 10 years that have the potential to affect the direction of the world's technology, and Anderson's invention of the browser has appeared many times in their discussions.

Because they knew a lot about scenery browsers, the two of them used their influence to convince the other partners of Kleina Perkins to invest in Netscape, and eventually Kleina Perkins decided to invest $4 million in venture capital in Netscape, and Kleina Berkins became the majority shareholder of Netscape with 25% of the company's shares.

Some people may not be familiar with this Kleina Perkins investment firm, but if you mention its abbreviation, you must know it.

The English name of Kleiner Perkins Investment Company is KleinerPerkinsCaufield &Byers, but people on Wall Street usually refer to it as KPCB Investment Fund, which has been called Kleiner Perkins Huaying in Chinese after entering China, and has invested in large domestic companies such as Alibaba and Focus Media.

Founded in 1972, this investment company is the hegemon in the field of venture capital in country M, and is the uncrowned king of venture capital in Internet companies, and the above-mentioned Doerr and Joy are well-known figures in the business community of country M.

Doerr is one of the founders of Intel Corporation, and Joey is the president of Sun Microsystems!

Sun's full name is "Stanford University Network," which emerged in 1982 as a member of the Stanford University campus and Bill Joy of Berkeley, and is the world's largest supplier of UNIX systems.

These two people have a pivotal position in the technology and business world of country m, so when Netscape started to make a profit, the KPCB investment fund simply couldn't stop laughing.

May 1995

"Oh, I can't do it, I've had so many people coming to talk to me lately, and I'm going to have several meals a busy day now!" said Jim Clark, who now had countless drinks and business banquets to attend as soon as he entered the door.

"Now you just go to the banquet every day and socialize, you don't even have to work a day, you are content, you look at how busy the two of us have become. Jia Lei sat behind the desk and said without raising his head, there were more than 20 documents piled up on the desk in front of him.

Half of these documents belong to Netscape, and the other half belong to Jia Lei's Hi123 URL home, since Jia Lei bundled this website to Netscape Browser, Jia Lei began to sell patch ads like crazy.

"Come on, is it worth complaining about you doing this! Since you occupy our company's office and do your own private work, shouldn't you help me do a little bit of management!" said Jim Clark, rolling his eyes.

Jia Lei's so-called business of his company is to directly hand over the received advertising pictures to Netscape and post them on the website, which is not troublesome at all. Besides, Jia Lei is not only one of the directors of Netscape, but also holds Netscape's salary and stock options, no matter what point of view, he should come to work in the company.

"If you really think it's a small thing that anyone can do, then why would you spend a lot of money to hire Bucksdale to be the CEO of Netscape?

What's more, don't look at how many newcomers our company has recruited this month, at this time last year, Netscape only had a total of three employees including you, but now our company has more than 200 people, it is not the small company three months ago!

If you don't want to go to the banquet, then the two of us can change it, and I'll go to the banquet and you will come back to deal with the paperwork and big and small things in the company. Would you like to do this?" Jia Lei looked at Jim Clark and couldn't help choking and said, he actually thought that the current Netscape company was still the grass platform team with a small number of people a few months ago.

This man spends all day drinking outside, but he was caught by him, and the laborers worked for him in the company, and what made people even more angry was that Jim Clark complained about being tired every time he came back, and of course Jia Lei was about to die of anger by him.

"Oh no, I don't want to bother with all this in the company, you should keep doing it. When Jim Clark heard this, he quickly waved his hand and said, compared with dealing with these endless documents and personnel relations, it is much more cute to participate in the cocktail party.

"Haha...... , Clarke's recent Jia Lei's anger is so big, don't mess with him, otherwise you will be good-looking. Mark Anderson said with a smile while typing the code, he watched Jia Lei in the office being blown up by the people and things in the company, as well as all kinds of troubles.

"Anderson, do you still have time to say cool things at a time like this?

Our company is about to go public, and I hope you can come up with more and better software to increase the market value of our company's shares!

If it weren't for the fact that you still had to code code, you would have been the vice president of the company who would have done these things, so I wouldn't have to ask Jia Lei for help. Jim Clark looked at Mark Anderson helplessly and said that if he could find someone else to help, he wouldn't have to "hire child labor".

"Come on, if you ask Anderson to run the company, he's only going to make Netscape worse and worse, and I'll have to follow him and wipe his ass when the time comes, so I might as well do it myself."

At least I have a very professional management team by my side, and they can help me do things I don't understand!" Jia Lei said helplessly after hearing this.

If it weren't for the fact that Anderson made a mess of the entire Netscape company in two days of temporary management of the company, Jia Lei would not have taken over Netscape Group temporarily with his entire advisory group.

"Jia Lei, I know you've been working hard lately, but bear with it a little longer, and you'll be relieved when Barksdale comes back from Wall Street. Jim Clark hurriedly comforted Jia Lei and said that if Jia Lei really let go at this time, he would be finished.

With my understanding of the people on Wall Street, it is definitely not a matter of a day or two for our CEO Mr. Bucksdale to talk to the people on Wall Street about the company's listing, and I am afraid that some of me will have to wait...... Jia Lei looked at the documents in front of him and said with a headache, the last half month has been the busiest period since his rebirth.

"Jia Lei, I also know that this matter is embarrassing for you, but for our Netscape company, going public is a big deal! As long as we can work together to survive this period of time, we will be able to become billionaires after the stock is listed." Jim Clark pulled open his collar and said excitedly, his blood boiled every time he thought about the stock listing.

"Of course I understand that. If I hadn't looked at the face of money, how could I have come to you to work for you and read the documents!

Lao Tzu's time is very precious, and he can earn tens of thousands of dollars in a minute!" Jia Lei replied without raising his head.

If there were not enough interests, Jia Lei would certainly not spend half a year in Netscape, and even had to be so depressed that he worked in the same office as Mark Anderson.

"Billionaires, Clarke, can we really become billionaires when we go public?" Marc Anderson couldn't help but ask when he heard this, his tone full of yearning and longing.

After all, we're going to make $10 million a month now, and we can make that much money even if the company can't go public!" said Jim Clark confidently.

"Alright, don't be too happy too soon, you two!

Our company has to spend a time in the hands of those Zhou pickpockets on Wall Street before going public, and I don't know how high the stock price can climb after our stock is listed, otherwise it is not worth paying them so much commission. Jia Lei complained.

If a company wants to go public in country M, it must have a bank with securities qualifications as a stock issuance contractor, so even if Jim Clark hates Wall Street, Netscape has to deal with them, so Jim Clark kicked Barksdale, the chief executive, to Wall Street.

"I've thought about the high commission, but now that the situation is urgent, I can't think about it that much, since Telescope Entertainment posted the mosaic logo on its browser, their company has begun to submit a listing application to the securities trading department.

Although our new browser has pushed down the market share of their old Mosaic browser, the market share of the old Mosaic free browser is still not low.

If we really let Telescope Entertainment go public before we do, then they will definitely unite Wall Street capital against our small company, so I had to send Barksdale to Wall Street to find a stock contractor. Jim Clark said he didn't want to deal with the wolves in sheep's clothing on Wall Street unless he had to.

"Clark, don't be too troubled, at least our shares will be distributed to the stock market for public offerings, so that the control of the company is still in the hands of our own people.

However, if you had accepted those new venture capitalists to raise funds for our company a few days ago, then once they got a controlling stake in Netscape, they would probably kick us out of Netscape like your last company, and finally the Netscape companies that we had worked so hard to develop would be stolen by capitalists from Wall Street.

When you think about it like this, will you feel a little better!" Jia Lei comforted him and said, in fact, for some start-up companies, whether the stock can be listed is the biggest hurdle.

"I really feel a little better when you say this, think about it carefully, at least our current enemy is only the telescope entertainment company and its OEM Mosaic browser, we can still cope with it with advanced technological strength.

Fortunately, you took a sum of money to let us settle out of court with the University of Illinois, otherwise our Netscape company would be attacked by the enemy now. Jim Clark finally breathed a sigh of relief and said that this was the best outcome.

Fortunately, the NCSA Center at the University of Illinois began to settle the matter after receiving $3 million from Netscape in an out-of-court settlement, and did not follow Telescope Entertainment to make trouble for Netscape, otherwise Netscape would be dragged down by a copyright lawsuit and it would be impossible to go public.

By the way, the money that Netscape used to pay for this settlement was the money that Jia Lei invested in Netscape!

"Don't worry, those people on Wall Street are all monkey spirits!

The mosaic browser produced by Telescope Entertainment is much slower than ours in terms of function and running speed, and people on Wall Street will never choose them over us unless they have a broken brain. Jia Lei said confidently.

Netscape is now a big piece of fat, and the noses of the wolves on Wall Street have long smelled the smell of meat and began to act around Netscape, and the net profit earned by Netscape in less than half a year has already reached more than 10 million US dollars.

After Barksdale's mediation, Morgan Stanley, a top investment bank on Wall Street, and a Wall Street consortium led by Humber Quest jointly undertook Netscape's stock IPO.

。 m.