Chapter 51: Visiting Google

Google is a giant that cannot be bypassed in the development of the Internet, from the search engine in the PC era to the operating system in the mobile Internet era, it is inseparable from Google.

Even at the beginning of the era of artificial intelligence, Microsoft relied on ChatGPT to conquer cities around the world, and the industry recognized that the only giant that is most likely to come up with products of the same level or even surpass ChatGPT products is Google.

Even though Amazon's public cloud business has a global market share of more than 40%, it has the world's No. 1 computing power.

Amazon is also a giant on the same level as Google, but people still only trust Google when it comes to technology.

That's what Google has left on people in the world of technology.

Google's success is not just on the technical side, they are also successful in the business world, and they have invented an advertising model that has not become obsolete to this day.

Zhou Xin is excited to invest in such a great company, and in his mind, the top three companies in the Internet era are Google, Microsoft and Apple.

As for the before and after, this is a matter of opinion between the benevolent and the wise.

China's Internet companies are no less innovative in business than their foreign counterparts, and innovation at the product level is still breathtaking, but with it comes a lackluster technology.

The giants led by BAT have invested in R&D, but they have not seen any shocking results.

When ChatGPT became a global topic, the focus of the Chinese Internet was on whether the castration of Chinese corpora would affect the training of AI models.

This should not be a topic that ChatGPT has developed to discuss, this should be a topic to be discussed in the embryonic days of AI in 2016.

Back in California in early 1999, Google was still in Menlo Park, California, and had not yet moved to Palo Alto, which had several other well-known technology start-ups at the time.

Sergei Brin seemed much more introverted than Larry Page, he didn't get up and just sat on the sofa and said lightly: "Hello, welcome to Google." ”

Is Google short of money right now?

There is no shortage, they have already received initial funding, and a significant part of this initial funding comes from Bezos, the founder of Amazon.

At the beginning, when Google only invested $100,000, it was obviously short of money, but after receiving a part of the investment from Bezos, with Bezos's endorsement, more investors were willing to invest in Google.

By this time, they had raised a million dollars.

So Larry Page and Sergey Brin are willing to meet Zhou Xin, money is only a very minor factor, and the more important reason is that Zhou Xin's products make them feel cool enough.

In Silicon Valley's engineering culture, cool is important.

"Look, this is our first office computer, and the whole case is made of Lego......"

First, Larry Page took Zhou Xin and Wu Shiqiang to take a brief tour of Google.

Wu Shiqiang had doubts in his heart during the whole process, because he didn't understand search engines.

To put it simply, Yahoo belongs to the first generation of search engines, which mainly manually categorizes various directories of various websites and then provides them to users to find websites.

This search is capped, and users can only find web pages, not content.

The second generation of search engines is Google, which uses keywords to search for corresponding web pages based on content.

Wu Shiqiang had no idea the difference, and after listening to Larry Page's brief introduction, he believed that the company's business overlapped with Yahoo's.

If there is a high degree of overlap, and there is already such a successful company in front of us, Yahoo, so what's the point of investing in Google?

Is it just because Yahoo copied Riot Games, the bosses want to invest in their competitors, and the enemy of the enemy is a friend? Wu Shiqiang thought to himself.

Immediately, he felt that judging from the relationship with Zhou Xin in the past few days, the other party's thinking was very mature and he would not have this kind of thought.

Combined with what Zhou Xin said yesterday, Wu Shiqiang believes that this company must have its unique value, which he failed to discover.

"We're definitely ahead of all other companies in terms of search engine technology.

Compared to Yahoo, we can find what you're looking for more precisely.

I use Yahoo and I need to type in Riot Games to find Riot Games' official website and electronic community.

With Google, I type in Angry Birds or an SMS verification code, and those keywords will be able to pinpoint your page. Larry Page said the head.

He is a natural propagandist who can accurately convey Google's advantages to investors, otherwise it would be difficult to attract a big man like Bezos in the initial stage.

Amazon's market capitalization at this time was close to $30 billion, and its founder was no exaggeration to describe it as a big man.

"I'm willing to invest in you at a valuation of 10 million." Zhou Xin is very direct.

This is the price he gave after consulting with Goldman Sachs.

Because of Bezos, Wall Street investors are also paying attention to Google, and their valuation is around $10 million.

Of course, if it comes to June, Sequoia Capital and KPCB will participate in Google's next round of funding at a valuation of $25 million.

KPCB is the largest venture fund of Americacan, mainly responsible for the asset investment business of Americacan's major universities.

Sergei Brin, who had been silent before, spoke up and asked: "When we were looking for investment before, investors would ask us a question, that is, how to achieve profitability.

In their hearts, they want us to answer that Google is benchmarking against Yahoo, and if it can't surpass Yahoo, it will eventually be listed on the Nasdaq. ”

In the minds of investors, it is not only the No. 1 company that can be listed, and the latter companies also have the opportunity to be listed on the premise that the market capacity is large enough.

Primary market investment and secondary market investment are completely different logics, the secondary market should focus on the leader, pay attention to the moat of enterprises.

The primary market is not used, the primary market chooses a track with a large enough capacity, and the company you invest in can be listed, which is already a great success.

Zhou Xin thought for a while and said, "It's not important.

In my conception, Google's profit model is actually very clear.

It's just that you haven't thought of it for the time being. ”

Larry Page instantly became interested: "For example? ”

It's no secret to them, and it's not too late for them to discover it a year later.

So Zhou Xin replied directly: "Advertisement."

Yahoo can charge for advertising banners, and so can you.

Yahoo's search engine relies on human labor, and their costs make it difficult for them to make a profit.

The larger the scale, the higher the labor cost.

And you're innovating your technology architecture to provide better search services at a lower price.

You'll have more bargaining power than Yahoo when it comes to negotiating with advertisers.

The user experience leads your users to catch up with Yahoo, and the cost determines that you have a stronger sales power. ”