Because sooner or later he will have to return to China, and from the perspective of future generations, Quora is far less important than NewPay, so Zhou Xin plans to cash out Quora at the peak of the bubble and leave.

As for whether it is sold to Microsoft, Yahoo, or AOL, it depends on who pays the higher price.

Ninety percent of Quora's shares are in Zhou's new hand, and he originally planned to find a few more university investment funds and sell a small amount of shares to these universities' investment funds to establish a relationship in advance.

Zhang Lei returned to China to found Hillhouse Capital, and the first start-up capital of 20 million US dollars was the investment fund of Yale University.

Not to mention that Zhou Xin plans to invest part of his funds in the direction of integrated circuits, take the investment fund of Ameriken University, and follow up on some technical issues and the introduction of integrated circuit talents, including the establishment of R&D centers overseas, and there will also be more channels to help matchmaking.

To that end, he'd rather make a small profit on the Quora project.

Zhou Xin's current Ph.D. student at the University of Berkeley made him plan to go to the relevant person in charge of Berkeley as soon as possible, and when he was a student at Berkeley, the total assets of the UC Berkeley Foundation had exceeded $1.5 billion.

What he didn't expect was that Berkeley now doesn't have an investment fund.

Only a few universities have their own angel investment funds, like Stanford, MIT, Harvard, etc.

These university Zhou Xin don't have any connections, so after thinking about it, forget it, there will be opportunities later.

The meeting with Yang Zhiyuan in the evening was far less formal and more like a conversation between friends.

Although Zhou Xin rejected Yang Zhiyuan many times and invested in Google and Baidu, Yang Zhiyuan did not regard the other party as an enemy because of this. Yang Zhiyuan has always believed that competitors can also be friends with each other, because there is also the possibility of cooperation in business competition.

Rivalry is only temporary.

Not to mention Yang Zhiyuan's personal relationship with Hu Zhengming, plus he is happy to see the voices of Chinese people in Silicon Valley.

During his tenure at Yahoo, he sought to work with Google on several occasions, including in the areas of search and advertising. In addition, he worked with Microsoft executives to make Bing the backend technology for Yahoo search.

"Jerry, long time no see, every time I see you, I feel very kind." Zhou Xinxiang doesn't know how to start, in fact, he wants to go directly to the topic, Quora can be sold, not now, you can get the money ready and it's over.

Yang Zhiyuan got up and shook hands with Zhou Xin: "Every time I see you, I want to pay you too much."

Whether it's Riot Games or NewPay or now Quora, there's an urge that makes me want to buy.

Really, even though I'm the CEO of Yahoo, when I experience your product, I feel like Yahoo isn't cool.

We acquired GEOCities a while ago, and as a result, users started to boycott Yahoo, and you launched Quora.

Quora is an amazing product that if I weren't the CEO of Yahoo, I would definitely have signed up for an account on it. ”

In fact, there is no difference between today's Internet companies and those of 20 years later, once they are listed, they will face performance pressure, and the operation of the entire company needs to be profit-oriented.

Especially companies like Yahoo, which enjoy high valuations but have never broken even, also posted a net loss of $17.7 million last year.

Therefore, after Yahoo acquired GEOCities, it began to increase the number of ads, limit the size of the page, and restrict the user's free creation.

As a result, GEOCities' original users boycotted, and Yahoo hastily reversed many of the measures.

Now that Yahoo has just fallen into the quagmire of GEOcities, Yang Zhiyuan looks a little haggard.

Zhou Xin wears a variety of plaid shirts most of the time, which is not easy to make mistakes, and he is not very receptive to the current style of Ameriken: "I am willing to sell Quora, but not now." ”

After Zhou Xin said this, the blue plaid shirt on his body made Yang Zhiyuan's eyes a little dazed: "What did you say?" ”

"I said I'd like to sell Quora, just not right now."

Yang Zhiyuan asked, "Let's make an offer." ”

Zhou Xin shook his head: "It's still too early, you and I know the value of Quora, there are only more than 100,000 users now, but the number of views is already among the top five in the United States."

His potential is huge, and now selling it at too high a price is unacceptable to the Yahoo board, and too low a price is unacceptable to me.

So I'll have to wait until Quora fully proves its worth before I'll negotiate with you.

You don't have to worry about what kind of business ploy I'm doing to tell you that Quora will choose to sell so that you don't want to be a Yahoo quiz community.

Because when the time comes, selling Quora will definitely be the highest bidder, and Yahoo may not be able to win, so Yahoo can be its own quiz community. ”

Zhou Xin smiled confidently: "It's just that after you start to do your own quiz community, you will have a better understanding of the value of Quora." ”

Yang Zhiyuan asked: "So confident?" Aren't you afraid that Yahoo is doing better than Quora, and the value you expect will not only fail to deliver, but will make Quora lose its original value? ”

Zhou Xin: "If you don't have any confidence at all, I will sell Riot Games to you directly." ”

......

"Recently, Riot Games CEO Newman met with Microsoft's Bill Gates and Yahoo's Yang Zhiyuan in San Francisco, and it is reported that Newman intends to sell Quora, and Microsoft and Yahoo are potential buyers......"

Zhou Xin didn't find any high-end restaurants with good privacy whether he met with Bill Gates or Yang Zhiyuan, especially when he met with Bill Gates, which was in a very popular chain café.

This also led to the media in Silicon Valley soon reporting the news of his meeting with Bill Gates and Yang Zhiyuan, and then made up various thrilling headlines.

When the media's attention focused on Zhou Xin's meeting with Bill Gates and Yang Zhiyuan, Quora launched a new user registration mechanism.

Rex, as an Internet practitioner in Silicon Valley, has been paying attention to Quora since it was launched.

With the completion of the precipitation of Quora content, it has gradually become popular, and some colleagues around me have also obtained account registration verification codes one after another, and everyone has become more and more discussed about Quora.

After experiencing it himself, he thinks that this product has more depth than the Riot community, and he is not as interesting as the Riot community, but the depth of discussion on professional issues is far beyond the Riot community.

So he's desperate to get an account, he's not too keen on asking questions, Rex wants to answer questions, and he's always liked that feeling.

In particular, there is a like and follow function.

However, Quora has not opened the registration function, and some colleagues around me have obtained the registration verification code, which is also a second-level registration verification code, that is, a verification code that can only register an account by yourself.

This left Rex without an account all the time.

He knew that Quora, like the Riot community, was a Newman property, so he joined forces with a group of users in the Riot community to post posts hoping that Quora would be open for registration.

On the day of "Quora Open Registration", the official account of Riot e-Community posted such a notification-type post.