If you want to draw a time node for the Internet to take off, 1995 must be the key one. This year, Netscape and Yahoo successfully officially launched the worldwide Internet boom. Thousand-fold profit is no longer a dream, but has become the pursuit of every Shashan Road venture capitalist.
Before returning to this era, Chen Yuanming never thought that the Internet would have such a period of time. There is a fee for logging in to the website, a fee for retrieving information, and a fee for sending and receiving emails. America Line, the largest Internet provider in the United States, relies on this login mode to earn profits.
Contrasted with this charging model, the browser market is blank. At this time, there is no Microsoft ie storage, and everyone still uses the ancient and cumbersome lib and other browsing modes. Hypertext transfer protocol and hypertext markup language have just been widely adopted. How to quickly and easily access the Internet is still a new topic.
It can be said that before Yahoo, the Internet did not have the concept of free. After Netscape's netsape browser, the browser became an indispensable part of the computer, opening the door to the Internet for personal computers.
Now, Chen Yuanming owns the shares of both. Although he knows very little about the details of Internet development in this era, one thing is certain. These two companies will go public this year and next year, and they will continue to become a legend in the history of finance. The net worth skyrocketed a thousand times on the day of the listing.
Investing millions of funds in these two companies can easily get hundreds of millions of returns. But today, Chen Yuanming's mentality is somewhat different from when he established the Golden Stone. Once upon a time, he only stayed at the financial level for these industries in Silicon Valley. Just like any pure Wall Street investor, he did not care about the development of the industry or the future of the company, and he only pursued one thing: arbitrage. How to grasp these later stages will surely develop the company, and profit from it, is his original intention.
However, with the understanding of Silicon Valley and the establishment of the concept of systematic business management, Chen Yuanming's ideas have changed a little without knowing it. Are these companies worth only for listing? Probably not. Any pioneer should have unparalleled advantages and occupy an amazing market. Yahoo aside, why did people disappear after Netscape
Netscape now sells netsnetetsape no worse than later generations ie. Even if IE wins the market because of Microsoft's bundling, isn't there also browsers such as Firefox, Aoyou, and Opera to carve up the market? Anyone who has used a computer should know how much IE has many loopholes and how slow it is to criticize. If you can't invade Microsoft's inds system, then choose a computer seller such as Apple, HP, etc., and let them install netsape for the first time. Simple thing. With some resistance, Netscape should not be uncompetitive with Microsoft.
Excluding Netscape, Chen Yuanming now has a large number of similar venture capital seed deposits on hand, for example, he already holds 85% of the shares in iq. In the past two years, Chen Yuanming has successively invested nearly 20,000 US dollars in iq, making it from a studio to a real independent server and a widely known instant messaging company. As the free model is still adopted so far, iq has been downloaded more than 10,000 times and has millions of registered users. The Yahoo homepage link makes it even more powerful, and its popularity has skyrocketed. But for such a huge communication software, Chen Yuanming has not been able to figure out how to make a profit so far.
Want to rely on the membership system and value-added games to make money like Tencent? But nowadays the internet speed is limited in this way. In an era of low-speed dial-up internet access, it is impractical to play games online. At the same time, we must also guard against raids from other big software vendors, such as Microsoft's future sn system. If it was just to promote its listing and wait for a big company to acquire it, it might not have to spend so much effort, but Tencent successfully put it in front of the eyes, giving up such a potential company and marrying others, it is really worth the loss.
How to effectively integrate these companies and let them exert their great potential has become the focus of Chen Yuanming's recent focus. At the same time, in order to solve this embarrassment, a round of casting nets was slowly rolled out.
This time, it was not those seed companies that were waiting to be fed, but the real talent recruitment. Today, Silicon Valley is far from the peak of the Internet bubble, and a large number of talents are flowing to Silicon Valley from universities in the United States. Establishing its own talent reserve system has become the second priority of Touchstone.
They made a business, that is, the recruitment of Anxin's research department.
Entrusted by Xiao Yun, Dianjinshi Company contacted several executives of Company G at that time, and talked to them about Anxin's current plans. This visit really surprised and delighted those elites in the Waterloo industry who had just suffered.
If Yahoo and Netscape have jointly created the myth of the venture capital industry, then the experience of g company is undoubtedly an epic disaster movie in the venture capital field. It took 7 years and more than 5 rounds of financing, costing nearly 80,000 US dollars, and then it was merged and closed down with nothing. All the investments were wasted, for a wonderful dream beyond the times to ashes.
Such a painful experience is rare in Silicon Valley today. Therefore, these former black horses in the industry were all blacklisted by venture capital companies, and they all failed to start a business again, but chose to enter other companies and integrated into the turbulent current of Silicon Valley.
Therefore, the appearance of the Philosopher's Stone brings out a bit of strange color. You must know that the name of the golden stone is very different from a year ago. Although there has not been any actual harvest, but no one can match the propaganda of the Golden Stone Internet. As one of Yahoo's main investors, it is now also hanging at the bottom of the world's first portal page, with Blizzard and Eagle's Nest fueling the flames. In the Internet and game circles, its name is far better than any other angel investment company.
This promotion effect has attracted the attention of many people, and has also been ridiculed by many people. Just like Yahoo, iq without profit means, Amazon selling books online in whimsical ways, and the small j□j studio. In some people's mouths, the Golden Stone has become an out-and-out "waste acquisition station", specifically looking for seed companies that lack real value. Therefore, being approached by such an angel investment company, it is inevitable for these g veterans to have a bit of confusion in their hearts.
The important thing is that it brings something, an invitation from far away China.
At this time, the relationship between China and the United States was still in an ambiguous period, and it was not until 199 that it entered a real "bilateral relationship". Although many people in Silicon Valley, ib and Lenovo have heard of the cooperation relationship, few people actually work in China. few. How can it not be surprising that a Chinese company - and a mobile phone company - is now approaching.
He invited him at the time, but it was really heartwarming. Quite reasonable salary, very favorable treatment, and it took them several years to study the input method. It's just that this pen input method is far from their design. What this company needs is not a complex, real personal computer that can achieve multiple functions, but a medium, a tool that replaces the keyboard and communicates between the human hand and the computer system.
For Westerners who use alphabetic languages, such a tool is a bit unimaginable. But when I saw those square and upright Chinese characters and the Chinese Wubi keyboard that was so complicated that it made people headache, this confusion turned into understanding. China's huge population has become the latter weight. In the end, Jonathan used his superb negotiation skills to get this technical invitation. Five former g-company engineers and a supervisor signed an agreement to travel to China.
The gold mines in Silicon Valley are still being excavated, but the real impact on Chen Yuanming is another matter.
In early February, Blizzard sent a message that Mike recommended a studio called netdr to Chen Yuanming. Due to the huge profits from "Warcraft 2", Blizzard has already started a round of game development. This netdr studio is their Chicago. I met my peers at the International Consumer Electronics Show. Because of like-minded interests and a high degree of resonance in the game concept, they are in the noble concept of heroes cherishing heroes. Now Blizzard has promised to provide up to 80,000 US dollars in financial assistance to netdr studio to help it develop products. .
With such a large investment, it is natural to report their main investors, and Chen Yuanming got the news very quickly. He is not familiar with the name of this studio, but he is all too familiar with the studio's development of games.
Diablo.
This northern Blizzard's famous work has finally surfaced. Regarding Mike's uneasy request, Chen Yuanming didn't say a word, and took a day to go to Blizzard's headquarters to meet with several netdr studio founders.
Like Mike and Allen, the three founders of this studio are full of enthusiastic game lunatics, so what should have been a serious business meeting ended up being an internal carnival mode. Today, Blizzard's headquarters is no longer what it used to be, and the atmosphere of the university dormitory has been replaced by a serious studio, but this environment has not affected everyone's enthusiasm. After briefly talking about the business, several people excitedly dragged Chen Yuanming to start the game journey.
It's just that this time they chose not to make their own computer games, but moved out of the TV, took out a boxy box from the corner, and plugged it into the TV.
Seeing Chen Yuanming's dazed expression, Mike shook the gamepad in his hand and smiled.
"How is it? Haven't seen this before? The game console was released in Japan, but not in the United States. I asked a Japanese friend to get it. This thing is called playstatin. After developing some games, it can be ported to it. In terms of graphics, it is no worse than a personal computer.”
Looking at the small white box, Chen Yuanming was speechless for a long time. He really forgot that it was there. A very likely to break the dominance of the field of Feiyan discs exists.
The author has something to say: huh, today is not too busy, hurry up and quickly code this chapter>_
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Thunder threw a mine late at night
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Mint threw a mine
To Hualiyan threw a landmine
Bury threw a mine
Slowly the pig threw a mine