Chapter 43

"Then why do netizens grow explosively in just over a year? I think we all know that the biggest thing about the Internet is convenience. As long as there is something on the Internet, as long as a website can be found.

However, it was troublesome to find information on the Internet at the beginning. I think Jerry and David had the most feelings about this, resulting in few initial Internet users. "

The crowd looked at them, and they smiled and nodded.

"It was this feeling that made Jerry and David complete the predecessor of Yahoo in school, and at that time began to become the first choice for many Internet users. They can find useful information through Yahoo.

This is also my first feeling when I saw Yahoo after surfing the Internet. Since there are a large number of people using it, it represents a broad market.

......

It's a simple reason why newspapers and TV are still of great value for people to watch for free (although many newspapers or TV are charged), because newspapers and TV have a large number of users, and Yahoo is the same.

Television and newspapers earn money through a large number of advertisements, and Yahoo or Internet advertising will certainly work.

It was in this way of thinking that I found two with my own thinking about the profit model of Yahoo's website and $500000 in cash. Finally, I was honored to become a shareholder of Yahoo. "

After hearing Li Feng's words, everyone applauded. In fact, that's it. The winner is the king and the loser is the Kou. Now Yahoo is favored, and Li Feng's original investment is naturally praised by everyone.

......

"What did we do in the beginning when we got on the Internet? The first reaction of many people is the browser, or Netscape browser directly, which is what I want to say next.

In the absence of a browser, Internet users still have trouble surfing the Internet. It is the emergence of a browser that makes it convenient and fast for Internet users to find information, which is also one of the reasons for the surge in Internet users.

Netscape browser is unique among many browsers and has been ahead of other browsers.

I don't know if anyone has made statistics on what Internet users use web browsers now?

According to my verification visit, the utilization rate of Netscape has reached about 70%, that is to say, Netscape browser has almost monopolized the browser market, that is to say, it has monopolized the access of Internet users to the Internet.

With tens of millions of Internet users using it and the soaring number of Internet users, coupled with the nearly monopolized browser market share, Netscape can not fail.

......

I heard that Netscape is preparing for the IPO. I asked you to borrow money for netscape. I wonder if I can buy some shares before the IPO and make some money for myself.

According to my personal assumption, in 3-5 years at most, the number of Internet users in the United States should reach 50 million - 100 million, and it is estimated that the world can exceed hundreds of millions, while Netscape is the same all over the world.

Of course, as an aside, Yahoo is the same. As long as Yahoo can seize the opportunity to take the lead in developing the market all over the world, it will be able to achieve great success.

Therefore, in addition to the loan I proposed, I also want to contact Netscape through Sequoia Capital to see if I can buy some shares.

As for 3-5 years later, I think the Internet will only develop faster and faster, especially in some developing countries, such as China. As long as the economy develops and the people have money, the popularization of the Internet has become inevitable. "

......

"Then according to your estimation, if Netscape goes public, how much income can you have? You have to pay 20% back." Valentine asked with a smile.

Obviously, Valentine prefers Sequoia Capital to borrow directly. First, he has Yahoo shares as collateral; Second, 20% of the income is actually a lot.

"Individuals tend to gain 100-200%."

After hearing Li Feng's very positive answer, everyone was surprised.

"Son, why are you so sure?" David couldn't help asking. After hearing David's question, in fact, everyone looked at Li Feng with a puzzled look.

"This is based on my own analysis. Of course, no one knows how to do it before it is known. I can only say that there is a 70% possibility to achieve it. As for whether this IPO can succeed, I bet he will be 100% successful."

Of course, Li Feng thought in his heart that 2-3 times is still less. The history of previous lives has already explained everything. At the same time, I won't tell them that Netscape was finally acquired, and finally Netscape dissolved and disappeared.

......

"I also know something about Netscape. My old friend invested in netscape before. It really needs to happen according to what Li said. It seems that KPCB is going to dig a gold mine this time.

Not to mention the question of borrowing, I'll ask you about Netscape first to see if they are willing to let you take some shares, and then talk about borrowing. "

Without waiting for a reply, Valentine directly picked up the phone and dialed it. Everyone looked at Valentine and knew that he had gone to ask about Netscape.

After listening to Valentine's words, Li Feng also reacted. It's time to call durjohn. Didn't Valentine say KPCB dug a gold mine.

I thought, I knew that KPCB was also a Netscape shareholder, so I went directly to durjohn. Now I let Sequoia Capital come forward, and I don't know the result.

It has to be said that as a reborn person, Li Feng is still a little ignorant. KPCB's investment in Netscape may be known by people who have a little knowledge of the Internet. After all, the original Netscape was too famous. Unfortunately, Li Feng is a "half hanging" Internet person.

......

"Hi! Are you all right, Dole? "

"Oh, really? This time I want to find out something about you."

"Yes, I heard Netscape is ready to go public?"

"Hey, Silicon Valley is not big. It seems easy for me to find out about Netscape's listing, isn't it? Old friend, it seems that you KPCB will make a lot of money again. "

"Well, is your roadshow over yet? How about I introduce an investor to you? "

"Yes, you're familiar with it, too. As for who, don't say it first."

"Well, let's talk later, but what's your issue price?"

"OK, let's talk on Netscape for a while."

......

After hanging up the phone, Valentine looked at the crowd, looked at the crowd, looked forward to looking at himself, and then smiled.

"Well, son of God, your nose is really smart. Dole said that they have reached an agreement with Morgan Stanley and just submitted the S-1 document to the sec. Unexpectedly, you began to stare at it.

In principle, I agree to borrow money without going to the bank. I think you can give us Sequoia Capital with the 20% interest. "

After listening to Valentine's words, the remaining partners also smiled and nodded. After all, business is business. The interest of $10 million collected in vain is unreasonable, isn't it.

Besides, I don't worry about it. I even hope Li Feng doesn't. then Yahoo shares are owned by Sequoia Capital. Now Sequoia Capital is full of confidence in Yahoo's future.

After that, Li Feng asked Zach and Sequoia Capital's lawyer to negotiate the loan agreement.

Li Feng was relieved to borrow it so smoothly. He thought that the next time is for Li Feng to show his skills. After all, with capital, he can layout the Internet as soon as possible, right.

......

Li Feng is very satisfied with this trip. First, he has completed the loan. Second, he has successfully connected to Netscape. As for whether he can buy shares, that's another matter.

In fact, what Li Feng doesn't know is that although Netscape started its IPO trip and reached an agreement with Morgan Stanley, the listing of Internet companies is a new thing after all. Moreover, Netscape companies have not made profits and are still offering money. Therefore, they are a little worried about the failure of IPO.

Before the roadshow, investors are willing to invest. In fact, for netscape, some shareholders and even Morgan Stanley, it is a very favorable condition for the next Netscape IPO.

As long as investors are willing to pay the bill and take the lead in reaching a purchase agreement, those in the next IPO trip will make people feel more relieved about Netscape and be more conducive to the listing of Netscape.

Durjohn is very clear about this. After all, KPCB is the major shareholder of Netscape, and has contacted Morgan Stanley before. The other party also has concerns in this regard.

Therefore, when Valentine said that investors were willing to pay now, Dole directly agreed.

......

What Li Feng doesn't know is that after hanging up Valentine's phone, dur immediately contacted the two founders of Netscape and Morgan Stanley, and several parties agreed to meet Netscape and contact the buyer investor mentioned by Valentine.

At this time, dur did not know that the investor was Li Feng, the "son" of his own population.

Yes, Li Feng's son of God title has been spread among Yahoo and many investors, and even recognized by all.

After all, only 15 years old, orphan origin, put out all the capital and courage to invest in Yahoo, so that everyone has the feeling of "the waves behind the Yangtze River push the waves ahead".