Chapter 676: Find someone to help spend money
IN RECENT MONTHS, A LARGE NUMBER OF TECH AND INTERNET STARTUPS SUCH AS YAHOO HAVE SPRUNG UP IN SILICON VALLEY, AND MANY RANDOM TWO ROUNDS OF FINANCING HAVE BLOWN UP TO EIGHT FIGURES IN VALUATIONS.
"Just ask, Series B...... I'm willing to vote even if it's a B round. HE PLAYED WITH YAHOO'S SEARCH SERVICE FOR A WHILE, AND FINALLY MADE UP HIS MIND TO SAY TO DELAY.
"In the B round, ordinary pure investors can't get in."
DELAY IS NOW FAMILIAR WITH THE BUSINESS, "UNLESS WE CAN PROVIDE YAHOO WITH SOME KEY RESOURCES." ”
"For example?" Song Ya asked.
Delai shook his head, "I can't imagine it, in the A round, Sequoia Capital went in, you know, Sequoia Capital also invested in DTS, I often exchange views with their people, do you think we can provide things that even Sequoia Capital can't provide to YAHOO?" ”
"There's always a chance to let the people from Annuia come to me, and tonight, I'm only staying in Sunnyvale for one night. NEXT TIME, YOU CAN HELP ME HAVE A MEAL WITH THE CHINESE FOUNDER OF YAHOO OR SOMETHING. ”
LEAVING THE AMERIKA MUSIC WEBSITE, HE WAS MORE DETERMINED TO SET UP A VENTURE CAPITAL COMPANY, RELYING ON HIS OWN OCCASIONAL FAMILIAR FEELING SIMILAR TO MOSAIC BROWSER OR YAHOO SEARCH ENGINE TO FIND INVESTMENT, THE EFFICIENCY IS TOO LOW, EVEN IF HE MAKES UP A ROUND OF HP STOCK PLUS THE TAX PAYMENT IN APRIL, HE STILL HAS HUNDREDS OF MILLIONS OF CASH NOT INVESTED, AND THE INTEREST OF SIX POINTS IS ALMOST GONE, AND NOW IT IS RUMORED THAT THE FEDERAL BANK WILL START THE INTEREST RATE CUT CYCLE INSTEAD.
Palm, Netscape, 3DFX, and Wanyan are responsible for tracking and managing the investments, all of which are more or less not smooth.
Palm's Jeffrey Hawkins and others almost sold themselves to the United States Robotics Company, and their shares were reduced to five percent, although the shares given made a lot of money, but now it is almost impossible to get any cooperation from the major shareholder of the United States Robotics Company, only long-term holding and waiting for listing.
Netscape came out of the crowd when it was promoted, and the same five percent of the shares had no power.
3DFX was simply fooled and embarrassed by three tech industry crooks.
Wan Yan's recent situation is not good, Jimmy asked for the integration scheme patent applied for there can not prevent the emergence of new VCD machine manufacturers in Huaguo this year, anyway, everyone is from Texas Instruments, C-CUBE, Philips and other international manufacturers to purchase chips back to assemble. Jimmy is now dealing with it in China, and according to him, it is difficult to fight an inter-provincial lawsuit, and it is even more difficult to enforce it. It was Song Ya who asked Song Asheng to find the old relationship accumulated in the relocation case of the Barn Chemical Factory, which led to a joint industrial and commercial operation and knocked down a small factory with no background.
Moreover, international players such as Philips and Samsung have also begun to release their own VCD machines.
"Linda, is there a result from the headhunter?"
Although Jimmy has a lot of crooked ideas, but the personal ability of the hard bridge and hard horse is still not good, he doesn't know the technology industry better than himself, and he is gradually too busy to be alone, Song Ya asked Linda as soon as he arrived at the hotel.
"There it is." Linda gave him the resumes of some management talents in the technology industry, which were collected by headhunters.
"This ...... It's almost sixty, right? This one...... Looks a bit like the 3DFX liar, can't it be his dad? ”
Song Ya looked at a bunch of blind old white male faces, and saw that no one was satisfied, which made him think of those professional managers in Hollywood who specialize in capital, it is better to continue to use Jimmy.
"It's not good." He quickly finished browsing and shook his head.
"Some of these people have many years of management experience in traditional industries, some have been middle-level in the technology industry, and a few have investment banking qualifications, are you not satisfied?" Linda asked.
"This is a position that costs me money, I want to use very knowledgeable but not too aggressive, I can't trust these old white men." There is nothing taboo about her, Song Ya said what she thought directly.
"Then why don't you find a Chinese? I've heard from DeLay that there are a lot of Chinese Americans in the IT industry right now......," Linda suggested.
"Well, you can help me find another headhunting company, the kind that knows more about Chinese executives." Song Ya nodded, "But don't make your request clear, so that I won't be scolded." ”
"I'll do it tomorrow......" Linda jotted down.
"Wait."
Song Ya thought about it and changed his mind, let's ask a few Chinese tech industry bigwigs he knows first, he picked up the mobile phone, Sun Yansheng just forgot it, Wan Yan introduced by that guy has not recovered his investment yet, and C-CUBE himself has made a lot of money selling decoding chips......
The innovative Mr. Hu is more reliable, and he also gave advice when 3DFX released a fake 3D demo, but unfortunately he didn't listen.
"Now that IT is very hot in the United States, capable Chinese people will either start their own companies, or they will work hard in various start-up companies, ready to take the employee shares promised by the boss, who will be willing to go to your company to be a venture capital fund manager? There are also some executives in major technology companies......"
Mr. Hu smiled very bluntly: "Your position not only needs to understand the IT industry, but also has financial and legal knowledge, think about it, such a high-end talent must be rushed by everyone, even if I know it, I will keep it myself, it is impossible to introduce it to you haha......"
Song Ya made a few more calls, and the replies were similar, and the people who helped me spend money couldn't be found? Just as he was worried, there was a knock on the guest room door, and Delay arrived with the green cedars.
"Is it so fast, Dillay, hello......" Song Ya shook hands with the two.
"I WAS AT YAHOO'S NEW OFFICE JUST NOW......"
The man in Cyquoia smiled, "Mr. APLUS, it's a good luck." ”
"You may be seated. I WANT TO ENTER YAHOO'S ROUND B, IS THERE A CHANCE? "They are all clear-eyed people, and Song Ya gets straight to the point.
"AFTER MR. DELAY TOLD ME ABOUT YOUR INTENTIONS, I IMMEDIATELY CALLED MY COLLEAGUES IN THE COMPANY TO DISCUSS THAT THEY HAVE NO INTENTION OF ALLOWING YAHOO TO ACCEPT NEW INVESTORS IN THE NEAR FUTURE."
The other party is not nonsense, "We want to observe the situation after the first wave of Internet stocks listed in the autumn first, unless it is ......"
"Unless what?" Song Ya seemed to be a bit of a joke when he heard what he meant.
"UNLESS YOU CAN HELP GET NETSCAPE TO CHANGE ITS DEFAULT SEARCH ENGINE TO YAHOO." The conditions offered by the people of Cedar should be the result of their discussion.
"Default?"
Song Ya didn't care about this detail at all, plugged her laptop into the hotel's terrible network, opened Netscape Browser, and the only link to the search page on the homepage was from Infoseek.
"Yes, now Netscape is using Infoseek." The person at Greenwood said: "Netscape Browser has a very high market share now, and they have a good diversion effect for infoseek, if it can be replaced with YAHOO......"
"I see, you wait."
Song Ya immediately went into the suite and called Jim Clark.
"So you're going to ask Netscape about the specific operation? APLUS, remember how we agreed before accepting your funds? ”
Jim Clark was upset to hear Song Ya's inquiry, but still explained, "The Internet is a very new thing, all the people and companies are trying their best to contribute, Netscape and some companies cooperate with each other to solve problems and share technology, Infoseek is one of them, we have no reason to betray our partners." ”
"No talk?" Song Ya asked.
"Don't talk about it, Come on APLUS, let's learn more about the industry dynamics! Infoseek is now far ahead of YAHOO in terms of traffic. Jim Clark has always been unapologetic about him: "It's a strong team with us, and the only opponent they see is Lycos." ”
Song Ya put down the phone, went out expressionlessly and visited Lycos and other search sites on the laptop, no, there is no familiarity with YAHOO at all, "Sorry......"
But there is no way, I am a humble small shareholder, I signed the alliance under the city in order to enter the city, so I had to temporarily send the people of Greenwood, "I talked to Mr. Jim Clark and agreed that Netscape is temporarily inconvenient to change partners, you know, the Internet is a very new thing, all the people and companies are trying their best to contribute, Netscape and some companies cooperate with each other to tackle key problems and share technology, infoseek is one of them, we have no reason to betray ......"
"I know, I know." After receiving the reply, the other party smiled and got up to say goodbye.