For Jiang Yizhou, this trip to Silicon Valley can be described as a bit rushed, and there are quite a few things that happened, in addition to the pre-promised financing of Foxmail, Yahoo China, and Google, in addition to inviting Bill Campbell, who happened to bump into, to invest a sum of money in Reed Hastings.

Of course, these are all things that he needs to decide, but he does not need to practice, and the next arrangement, he attended meetings in several venture capital companies where he served as a director and communicated with the founders, which was the test for Jiang Yizhou.

Just finished working in the double-click company, Jiang Yizhou fell into thought, it seems that the double-click company and the adsense platform are two roads, the operation mode of the double-click company is to track the user's cookie, analyze the data to provide users with the most suitable advertising, and the adsense platform of Ellomes technology is to provide personal websites with advertisements that are suitable for the content of the website, the former is user-oriented, and the latter is website-oriented.

But isn't advertising just to get users to agree with the content of the ad and buy and use it?

And in the original history, the double-click company was acquired by Google, which also shows that the latter has the advantage.

However, the target market of the double-click company has always existed, at least there is still a market after the bubble, not to mention the double-click company listed in 98, the stock price has risen 30 times in just three years, but the bubble burst after that, which directly led to the stock price falling back to the original state, which also needs to be well planned.

At present, Elomes Capital occupies 13% of the equity in the shareholding structure of the company, which is enough for a board seat, Jiang Yizhou did not think about acquiring now, now is the time to harvest, and only when it falls back to the original state is the best time to acquire.

There are too many things, and there is really not much motivation, every step needs to be laid out for two years later, and you have to take into account the factors that stir up the market, and the value of the stocks in your hands is estimated to be tens of billions of dollars.

How did the dot-com bubble collapse?

In addition to Microsoft's monopoly lawsuit, it was on a Monday in March of the millennium that a large number of sell orders for technology stocks triggered a chain reaction.

The deep-seated reason is that the Federal Reserve's interest rate has been raised to 6%, liquidity has decreased, and many Internet listed companies that cannot make profits have shown their true colors, which makes many people realize that it is time to exit and flee the top.

This is not explained by an accidental Microsoft monopoly lawsuit, it is just a fuse, after most crazy guys believed that the previous decline was just a temporary adjustment, the lid was lifted, and then all kinds of revelations about Internet companies really started the process of bubble bursting.

Jiang Yizhou is already considered to be fully involved, and if he doesn't continue to lay out for it, the preliminary preparation will be abandoned halfway, so he can only continue.

I feel that I am still suitable for rebirth to 03 years, and the football lottery of that year must not be missed, and he has been in Longkong for a long time in his previous life, and he also has some understanding of this opportunity and earned the first pot of gold.

Then get a Xiangjiang pass, go to Xiangjiang to buy Tengxun's shares, Tengxun once fell below the issue price, there is no difficulty in buying it, even simpler than getting a Xiangjiang pass, eat and wait for death, before the rebirth rose nearly three hundred times, billionaires, there is no difficulty, as long as you don't die accidentally in the process.

The information advantage of rebirth is still quite large, if you only want to make money.

But now some of them have become the owners of several companies, as well as investors, directors and guidance advisors of several start-ups.

Even if he didn't have the feeling of being urged by venture capital all day long when he ran QIM, he was busier than he was at the beginning, especially when he still needed to rush back to the capital before the lunar month to reunite with his family.

In fact, there is still a month to go, and after spending Christmas here in Silicon Valley, it is time to return to the capital.

"Oh, Reed, have you already gotten your check?" When Jiang Yizhou returned to the capital of Arumes, he happened to see Reid Hastings who was still waiting there, and greeted him with a smile.

Reed Hastings patted his chest and gestured, "Of course, this is the first time I've gotten VC investment so smoothly, and I've heard you're coming back soon, so I'd like to talk to you again!"

"Okay, but I can't give you any advice!" Jiang Yizhou didn't have much expectation for this kind of change that purely moved offline business online, especially since Reed Hastings confined the scope of this business to the narrow scope of DVD rental.

So in essence, this business is still a traditional business, but the use of the Internet as a tool to make DVD rental more convenient and faster, and information communication is more convenient.

Of course, most e-commerce entrepreneurship belongs to this kind of industry, Jiang Yizhou has nothing to point to, in essence, it is still traditional business, marketing, service quality, and it is not within Jiang Yizhou's ability.

In his office, waiting for the assistant to serve drinks to the two, Jiang Yizhou spread his hands a little impatiently.

Reid Hastings first explained the company structure and the services they provided, and to be honest, Jiang Yizhou didn't think much about investing if he didn't know the future.

This business model is just a different way of doing business, relying more on the talent of the founder and his team, rather than a few ideas from him, an angel investor, who can make the future of the company brighter.

Looking at ability, Jiang Yizhou is not good at it, especially in different professional fields.

"I understand, you just don't have much confidence in your career, so come to me for advice, and the reply I can give you is, do it first.

I don't know how to run a DVD rental company more than you, in fact, I haven't rented anything yet, I don't know about this, I just think that you are a person worthy of my investment, very planned and measured!" Jiang Yizhou stared into his eyes and said comfortingly.

To be honest, Netflix has a good score in this bubble, at least he has achieved a solid profit before going public, although it is highly substitutable and threatened.

Amazon and Walmart may launch the same feature at any time, and Passcard, currently the largest video rental and sales company in the United States, is also the company that charged Reed Hastings $40 in late fees, which is an even more difficult obstacle to overcome.

And it is precisely because of these that Netflix's investors are not optimistic about the future prospects, but they have received less support than those companies with unclear business models, unprofitable results, and even falsified performance.

"And if you have any problems in management or personnel, you can come to me, but if you are not even sure about the direction of the company's development and still want to come to me, I will simply buy your company for 3 million!"

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