Chapter 44

In 1989, the development speed of the Internet in the United States showed a leap forward development. Cisco's worldnet network entered the ISP with a rampant attitude. With its strong financial support, worldnet network has covered the first and second tier cities in the United States, with more than 380000 users. Nfsnet also developed rapidly, with 800000 users. The cumulative number of users of other network backbone networks has also reached 750000!

These commercial Tier-1 networks have replaced NSFNET and become the most extensive network in the United States!

So far, the number of Internet users is close to two million. Now visa network credit card users only 370000, far from reaching the limit!

In the third and fourth weeks, the number of new visa online credit card users increased almost exponentially. A month later, the number of visa online credit card users in the United States has reached 1 million. With the increase of visa online credit cards, the United States has set off a frenzy of Internet shopping, and the sales of Nicholas shopping network have soared. This month, the total sales amount is as high as 100 million US dollars!!!

Although this data can't compare with department stores like Wal Mart, it is enough to shock countless people!

Online shopping, unlimited potential!!!

With the rise of the Internet, the number of Internet users is bound to increase. Once the number of Internet users exceeds 10 million, or even 100 million, how high will the sales volume of Nicholas shopping network be?!!

Many economists in the United States began to actively express their views in newspapers, television and other media.

New York Times: "online shopping is convenient, cheap and various. It allows customers to buy their favorite products without leaving home. Therefore, I can conclude that online shopping will become a trend in the future!"

Los Angeles Times: "online shopping has become a fashion in universities. In the future, it will be closely related to people's lives!"

"The number of Internet users in the United States is increasing rapidly every day. I can predict some things. Once every American uses the Internet, the audience of a shopping website will be the whole American people, and Nicholas shopping will become an online shopping company far superior to Wal Mart!"

Forbes: "in 1985, Walton, the owner of Wal Mart, became the richest man in the United States, but it may not be long before this ranking will change!"

Sammy Francis, a computer professor at Harvard University, said on CBS: "with Cisco's entry into the ISP industry, Tier-1, the commercial network backbone network in the United States, is developing rapidly. We conservatively predict that in 1992, Internet access users will exceed five million!"

The host was surprised and said, "there will be five million?"

Sammy Francis said lightly: "it's just a conservative estimate. In fact, it may be more! Cisco's market value has exceeded 10 billion US dollars recently. As such a capital tycoon, its behavior is always unpredictable, because it always does something unexpected but shocking! Just yesterday, Cisco announced that it would raise another 500 million dollars from worldnet network to lay more network fiber! "

"Not only the rapid development of worldnet network, MCI, sprint, WorldCom, BBN, ANS and other U.S. telecom giants have begun to speed up the pace, the development speed of the Internet has been unimaginable!"

……

Geely Hutt, CEO of Nicholas shopping network, is on a road show all over the country at the moment. Nicholas shopping network has been preparing to go public since the issuance of visa online credit card.

Wall Street analysts believe that Nicholas shopping network once listed, the market value may exceed Netscape company! 37 large investment companies on Wall Street are all optimistic about Nicholas shopping. 35 investment companies give Nicholas shopping a "must buy a lot" rating. 2 investment companies are a little more conservative and give a "need to buy a little" rating!

Henry had the financial statements in his hands, and he was almost tearful. This month, Nicholas lost $20 million or $30 million. It's really bleeding Henry's heart to engage in sales promotion and exchange loss for performance! However, the results are extremely gratifying. Through this activity, the number of users of Nicholas shopping network has exceeded 500000, and one third of them have become loyal users and are often active in shopping on the website!

Henry just finished reading the report. Fred Smith, CEO of FedEx, the best logistics company in the world, called Henry to invite him to dinner!

Fred Smith is not only the CEO of FedEx, but also the chairman and founder of FedEx. If such a man invites himself to dinner, how can he give him face

Nicholas shopping network this time really shocked a lot of people, if you include the industry related to this activity, such as logistics and so on... Then, the impact of this activity is very amazing!

FedEx's performance this month has increased by 5% because of Nicholas shopping network. This data is not small, but for large companies, it's moving!!!

"Mr. Williams, five o'clock tomorrow afternoon, Beverly Hills will Hill Hotel, waiting for you!"

"OK, I'll go!" Henry thought about it and agreed.

Nicholas group also has its own logistics company. After several years of development, it has begun to go out of California and develop to the United States. However, the speed of development is very slow, except for some key cities, other places can not be covered. Nicholas shopping still has to rely on large logistics companies like FedEx! Like this promotion, FedEx accounts for the majority, while Nicholas logistics is operating at full capacity, only one fifth of its business!

The next day, Henry went to the hotel.

Fred Smith had been waiting for a long time. He packed a box and invited Henry in for dinner!

Fred Smith's first impression on Henry was that he was a smiling, communicative and aggressive middle-aged man! Before he came here, Henry sent people to collect his information. His father died when he was four years old. When he was eight years old, he got sick and his right leg development was affected. For two and a half years, he could only walk on crutches. After that, he worked as a soldier and was very interested in airplanes, so he began his express delivery career.

He took a huge risk and put all his assets into FedEx. Even at the beginning of the development of FedEx, it was not smooth, and there was the possibility of bankruptcy. Fred Smith experienced setbacks, and finally ushered in the dawn. He got the investment from the big Wall Street bankers, so as to develop FedEx and become the best express company in the world now!!!

Henry knew what Fred Smith had to do with himself. At dinner, Fred Smith talked to him about logistics. But Henry noticed that Fred Smith had been observing his patience! Fortunately, we got a chance in the negotiation.

After dinner, the waiter brought some snacks.

Then Fred Smith said, "Mr. Williams, what do you think of logistics?"

"I think logistics has great potential in the future." Henry said faintly, just one word. If you say too much, seven turns and eight turns may hit him right!

Fred Smith laughed and said, "ha ha, I think so too! I heard that Nicholas logistics is out of California. Congratulations

"No, it's just a little fight. It can't be compared with FedEx!"

"Nicholas logistics company is the fastest growing logistics company in recent years, I think the potential is very good..." Fred Smith said half stopped, and then solemnly showed Henry today's purpose, "in fact, I asked you to come today, is to buy Nicholas logistics company!"

"Acquisition of Nicholas logistics?" Henry was stunned for a while. He only thought that Fred Smith had asked him to come here. It must be related to logistics. But unexpectedly, Fred Smith proposed to buy his own logistics company! It seems that this rhythm is not right. I always go to buy other people's companies by myself, but now I am bought by others（ All kinds of new books, tickets, collections...)