Chapter 321 HAO123 I

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hao123 is the originator of China's website navigation station and the formulator of industry standards. The father of HAO123 is www.biquge.info grassroots entrepreneur Li Xingping.

He is a real grassroots entrepreneur, without a team, without advanced technology, and without venture capital, he has achieved the myth of successful grassroots entrepreneurship!

Of course, this myth is almost impossible to replicate! Li Xingping succeeded, but most of the imitations of Li Xingping failed miserably!

Of course, Li Xingping's story is also very inspirational - one of the most inspirational stories in the history of Internet entrepreneurship!

Li Xingping only had the first Chinese, and in the 90s, he was still working as a network administrator in an Internet café, with a salary of several hundred yuan a month. The only good thing is that he can surf the Internet as much as he wants, and from a rookie in the Internet industry, he is self-taught and has learned to code and make websites.

The profession of Internet café administrator has allowed Li Xingping to come into contact with many rookie netizens, and from the perspective of countless rookie netizens, many netizens who have just surfed the Internet at that time do not understand the URL entering the address in the address bar at all. Even if they were told the URL, these people would be confused. Not to mention, searching the internet for complex information.

Others think that rookie netizens don't understand anything, which is a huge trouble. But Li Xingping feels that this is a huge business opportunity!

As a result, Li Xingping began to collect a large number of commonly used websites, and used his self-taught knowledge to make hao123 website navigation website.

This navigation site is just a few thousand dollars to rent a server, there is no venture capital at all, there is no complicated technology, but since its birth, it has been a successful mess.

hao123网址Home has earned tens of thousands of yuan in advertising fees in the first year of its birth. Next. As a result, hao123 has become more and more popular among netizens, and the advertising fee has naturally increased year by year.

By 2004, hao123 had more than 10 million users set as the default homepage of the browser, and even if the advertising fee was very low, it could get millions of dollars in advertising revenue every year.

Although Li Xingping is a little smart, he has been fighting alone for a long time. I don't know how much my website is worth!

In 2004, Li Xingping, a grassroots Internet entrepreneur, was almost stunned by the money that fell from the sky.

First of all, the small partner company proposed 20 million yuan to go under the hao123 website navigation he founded. Li Xingping is quite satisfied with this offer, after all, hao123's current annual income is only one million yuan, and it may take 20 years to earn 20 million yuan. Therefore, it should be very cost-effective to cash out at a sky-high price of 20 million.

However, Baidu boss Li found and said that he would spend 50 million plus a little Baidu stock to buy his hao123 website home.

Li Xingping thinks that it is already very cost-effective to sell to Baidu.

Of course, out of the psychology of trying to sell for a higher price. Li Xingping still hinted to the small partner company that some buyers were willing to make an offer of more than 50 million yuan. Buy HAO123!

So, Yu Dong, the general manager of the small partner company, after reporting the matter, Wang Qinian made a decision - 100 million!

A hundred million that cannot be refused!

Double the price of Baidu!

After Li Xingping accepted the offer, he hinted to Baidu that the offer would be higher than 100 million. Thereupon...... Baidu was silent. Rejected this offer!

Because, Baidu boss Robin Li is also angry, feeling that Li Xingping is too greedy, he founded Baidu a few years ago, and only received a million dollars in venture capital. It wasn't until he made his achievements, and there were a lot of complex technology patents, that he began to get more and more venture capital.

The little hao123, although it has a bit of traffic, but the products that rookies can make are really worth so much money?

After Baidu refused to increase the price, there was only one buyer left!

Therefore, on the one hand, Li Xingping complained about Baidu's stinginess, and on the other hand, he also began to hesitate!

Is it for sale or not?!

Is it to wait, wait for the big boss to pay a higher price? Or, sell it to a buddy company now?!

"Mr. Li, you know that the cost of the hao123 website is only a few thousand yuan!" Yu Dong emphasized.

"Yes, but now there are thousands of entrepreneurs, with thousands of dollars to make navigation websites, how many can succeed?!" Li Xingping said, "hao123 is the first one in China, and it has become the industry standard!" ”

"I know, so, the little partner company is willing to pay for it!" Yu Dong said, "100 million is already a lot. You know, we invest in a lot of small projects, just millions of start-up capital. These million-dollar start-up funds, I can't say, many of them will become more successful projects than hao123! 100 million yuan is a fixed price, if you agree, not only will you get 100 million yuan in cash, but you can also choose to continue to stay in the partner company and be responsible for the hao123 project team! Of course, you can also take 100 million to start a business and do venture capital. In the future, if the project is done well, you can still find us! ”

In the end, Li Xingping's eyes lit up when he heard the words, hao123 was sold to a small partner company, and he could become a billionaire. What's more, Li Xingping has also done a lot of Internet research and investment over the years, for example, hoarding a bunch of Internet domain names, which is just to make a small amount of money. If he has 100 million yuan in funds, he can continue to start a business. If you start a business once for 1 million, you can fail 100 times!

As long as one project is successful, it may be the next hao123!

No, Li Xingping believes that he should be able to make a better project than hao123, after all, this project was made when he was a rookie.

Over the years, he has learned a lot of techniques and has come into contact with many entrepreneurs. Many entrepreneurs regard him as an idol...... The starting point is different, and the future will definitely be different!

Therefore, at the end of August, the two parties signed a legal document to transfer the domain name and server of hao123 website, source code and other related assets.

After this news came out, Li Xingping became famous in the Internet industry and became a giant whose popularity was no less than that of Robin Li. For the grassroots, Li Xingping's case has fascinated countless entrepreneurs - too inspirational, Chinese at the beginning, computer rookie, can also rely on thousands of dollars to start a business, sell the website in a few years and cash out, and earn 100 million!

And the small partner company naturally gives people a rich image in the industry!

According to the current revenue of the hao123 website, it can earn up to several million yuan a year. Moreover, there are thousands of followers in the market, how difficult is it to make back the capital?

It is precisely because of this that many people in the market, on the one hand, lament that the little partner company is rich, and on the other hand, many people want to see the jokes of the little partner company!

Of course, Robin Li, the boss of Baidu, was very depressed, because he knew that he had missed an opportunity to increase Baidu's market share! (To be continued.) )

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