On the evening of July 12, Chen Zier stayed up late to watch the live broadcast of the World Cup final, led by the host French team led by Zidane, against the football kingdom Brazil, the alien Ronaldo...... Sure enough, it wasn't in the state.

In the previous quarterfinals, Croatia and Germany faced off, and Croatia's most optimistic fans probably couldn't imagine that they could pour three goals into the German team, and the first two goals were scored against the far post, and the lucky Germans really had no temper. The German team is really old, and they can't run for the last ten minutes.

Many people analyzed with hindsight that the Croatian team at that time had the strength to win the championship, of course, this was all an afterthought, who would have thought before the game?

In the final, most people are optimistic about the Brazilian team's abnormal performance in the final, especially Ronaldo's abnormal performance has caused the world's major media and fans to discuss, Ronaldo was named the title of 'alien', 23 years old this year, he is free of illness and pain, both physical strength and competitive state are at the peak.

But in such an important game, this man 'disappeared'. Some even wonder who is manipulating the game and playing match-fixing. After the game, some people said that he had an ankle injury, some people said that Ronaldo was poisoned, and the Brazilian team doctor Toledo also disclosed that Ronaldo had convulsions when he slept before the game.

Chen Zier doesn't care about these, he cares about how much money he won in this World Cup, and he also cares about the explosion of traffic on the Home Credit website. Due to the late development of the three major portals in the previous life, Home Credit, which was a few months ahead and figured out the direction, seems to have become the largest portal in China at this time.

Within a few days, Cai Zhaoxi called Chen Zier and said, "There is 'money' to find Home Credit." ”

Chen Zier thought to himself: It's finally here.

As long as Home Credit refinances, its valuation will surely double, and his stake will be diluted, but its absolute value will certainly rise.

It's just that what Chen Zier didn't expect was that the person who sent the money was not a venture capital company like Sequoia Capital, but another website - China.com.

Historically, China.com did start the operation of the portal during this time period, but it has not been very successful, but China.com has never given up the portal, and even wanted to integrate with Sina after he went public.

China.com has a cash flow that the three major portals combined can't match, but in fact, his birth came from a failure.

In 1997, Xinhua News Agency, a benchmark in the domestic press industry, began to touch the Internet, and before that, Xinhua News Agency established a wholly-owned subsidiary, CIC, to prepare for the soon-to-be-founded Guozhong.com.

Guozhong.com was founded by a man named Ma Yunsheng, who co-founded Zhu Bolun, who is engaged in real estate sales, and Ye Keyong, a computer engineer. Their idea is to filter commercial information on the Internet and then translate it into Chinese and provide it to domestic users for a fee.

To put it simply, it is 'road block charging', which was born in 1994, but a painful thing happened in 95 years: that is, China Telecom has successively opened several first-tier cities to connect to the Internet interfaces.

Originally, their idea was to open a road and shout: "Listen, all of you!" I drove this road, if you want to cross this road, stay and buy the road money!

When they got their hands on the $25 million investment, they suddenly discovered: Oh, why are there several official roads next to me?

So the plan ...... I had a miscarriage before I even started......

At this time, it's fucking embarrassing, the original model of fooling investors now has no conditions for establishment, life and death are unknown, what should I do?

At this time, Ye Keyong was appointed as the vice chairman of the board of directors of CIC, and he is the actual founder and ruler of China.com.

Ye Keyong was bent on sending China.com to the international capital market, and they also hooked up with Lehman Brothers.

Ye is good at superb capital operation skills, and as early as 95 years ago, he preemptively registered a super bullish domain name:.

Isn't it prescient?

When so many reborn people are engaged in taobao and baidu, has anyone ever thought about how much effort can be saved when using this domain name to promote internationally?

In January '98, CIC spent almost $3 million to acquire a 51% stake in a Hong Kong network consulting company through cash, equity swap, etc., and then they began to launch a portal business.

The rest of the story is that they completed the pre-IPO equity arrangement and went public in July '99 with great success. The main domain name is awesome.

What do you think a beautiful investor will feel when he sees it? If you don't add an advertising slogan, the answer is that you don't feel it, and they will ask what it is? In fact, these three websites are known as the three major portals, but their performance in the stock market is simply not enough for China.com, which has a market value of more than $5 billion.

Because many American investors don't know about this country on the other side of the ocean, and they don't want to know about it, just like many Chinese people know about India? Do you care? Where are there any emerging enterprises?

For most people: know a fart.

But China.com has never made any major achievements, users, traffic, pull down, Ye Keyong took over China.com is to acquire several network companies, and then engage in a dazzling capital operation, but no one expected that he relied on the 'China concept' to be highly sought after in the US stock market.

They did an IPO at $20 and it went up to $67 a share on the day it landed on the NASDAQ...... Stock prices are susceptible to factors that you don't expect at all.

For example, in November 99, China and the United States reached a WTO access agreement, and China.com did nothing.

Why? Because his domain name is called! What sina, souhu is not as well-known as China.

And from the beginning of 98, after they officially launched the portal business, they did not make any movement for a long time, and at this time, a very small, but very good website rushed into their sight.

So the acquisition of the company is already a habit of China.com, and it is normal to think about the Home Credit website?!

Chen Zier doesn't know much about the history of China.com, he only knows that this company is the first Internet company to be listed on the NASDAQ with a Chinese concept stock, and it has performed well.

Of course, he also saw the later dilapidation, which is normal, because if China.com comes and goes, it will only operate with capital, although other attempts have been made, but where is it easy for the big ship to turn around, and the things in the bones cannot be erased.

So later, the media used such a sentence to describe him and China.com: Ye Keyong is also successful, and Ye Keyong is also defeated.

A very apt description.

For Xu Yan at this time, China.com is not a very good investor, money is an important factor in refinancing after angel round financing, but whether investors can bring you industry resources is also very important, and top investment banks have advantages in this regard.

Of course, another important reason is that China.com has too much appetite, they are not satisfied with getting a 20% share, they want to make Home Credit's portal their own.

In general, it is the value of Home Credit that some people recognize, but the two sides disagree on the investment model.

And for Chen Zier, his '50' million will begin to expand rapidly!