Chapter 326
What Yu Wenfei wanted to do was to be an Internet company, which was also an industry that was at the forefront of the industry at that time. Even though the whole world fell into an "internet winter" in those two years, compared to other industries, the Internet was still the most vibrant, There is no one of the most promising industries!

Numerous Internet companies in China were established in those years, including several giants in the Internet industry in later generations, such as Tencent, Baidu, Ali, Netease, Sina, etc., were all established in those years.

Although Yuwenfei's ultimate goal is to make a mobile phone, the mobile phone industry is limited by technology.

Smartphones do not yet have the conditions, and non-smartphones have already had a clear pattern, and he has to continue to wait for opportunities.

So before making a mobile phone, he also had to get involved in the Internet field. Since he was in that era, of course he had to get involved and compete with those who were proud of the era.

…………

When it comes to Internet companies, most people may not be able to remember what representative companies are in Shanghai.

Many people may still think that both Pengcheng and Hangzhou are ahead of Shanghai in the Internet field.

Because Pengcheng has the Tencent empire, and Hangzhou has the e-commerce overlord Alibaba!

But in fact, no matter in terms of the history of Internet development in the Mainland, or in terms of the amount of Internet investment each year, Magic City is far ahead of Hangzhou and Pengcheng, second only to the capital.

Talking about the development of the Internet in Shanghai, this is really a sad history.

At the end of the 90s, the first wave of the Internet began in mainland China, and many Internet companies began to be established.

At that time, portal websites were popular. Of course, everyone copied Yahoo.Because Yahoo is so successful in the global Internet field, it is the goal and idol of all Internet people!

Sohu, Sina, NetEase, CDC, TOM...

If you open their homepages and take a look at these websites, they are basically the same in length, and the backstage benefactors are more rich than the local tyrants.

In the first round of financing, Sohu only received US$15, Sina received US$650 million, and CDC received US$2500 million.

And what about the representatives of our Great Demon City?

Many people may not remember Yitang.com, which was also one of the first wave of portal websites, and it was also a well-known big company back then!
Moreover, Yitang.com is not just a news portal. While relying on news to attract traffic, they sell products on the website to monetize the traffic!
Simply put, it is equivalent to the self-operated model of Sina + JD.com!
Is it more than ten years ahead of the entire era?

A business plan, before anything started, got 5000 million US dollars in financing.This is the charm of Shanghai. It is a financial center, and it is too easy to get money.

If you have money, of course you have to be taller. Office buildings are the most expensive to rent. The business is not yet clear. The rest of the first-tier cities will open branches first. Employees must be from Ivy and Beiqing. Huayong Road has been gold-plated, and the activities must be generous, and the products must be all-encompassing. Everything you can think of must be available on our website.

The business plan is written like this: "Yitang.com is not only a website, but also a powerful brand that radiates online and offline - it provides various services for young people aged 18-35 called the "Bright Yellow Generation". It is a gateway to the middle class through online services and offline household goods.

Seeing red, people will think of Coca-Cola, and seeing Colonel Sanders, people will think of KFC.I hope that in a few years, whenever you see yellow, everyone will think of us—Yitang.Our aim is to bring a positive attitude towards life, an elegant lifestyle and a close-knit community spirit to the new generation of Chinese. "

When Sina and Netease were planning to engage in SP text messages, develop games, and sharpen their heads and polish their products, Yitang began to sell handbags, backpacks, underwear, condoms, and even opened a model agency, even the slogan was It's so awesome——"Do you have Yitang today"?
5000 million US dollars, burnt out in one year, such a big money, Sina, Netease, Sohu are all drooling.

If the portal doesn’t work, let’s do e-commerce.

When eBay copied eBay and became famous, the shadow of Taobao was still invisible. In 2000, it raised 2760 million US dollars, which is only a lot more than Softbank's investment in Ali.

But if Taobao is an e-commerce company, it will think about user needs and localize innovation. Today, we will organize Wangwang to allow buyers and sellers to communicate in a timely manner. There will be a [-]% off big reward for everyone, there are a lot of tricks, and the user experience is really cool.

Lao Ma wants to make money in his heart, but he insists that it is free and never let go, and he will never offend customers. As for the backstage, there are more advertising spaces in various window displays than the neon lights on Nanjing Road.

eBay, it is so persistent. Teachers on eBay have it, eBay has it, teachers on eBay don’t have it, and students don’t either.

But eBay students, this is China, where the finance is underdeveloped and the credit is not perfect. It’s really not too troublesome for you to ask users to buy something and go to the bank to transfer money.For you, do you dare to buy online?

Like Yitang's Tang Haisong, eBay's Shao Yibo is also from Harvard Business School, the same tall, the same beauty.Before Taobao started, eBay was known as the number one e-commerce platform in China, but the number of users was only a few million. When the money ran out, it was simply sold to the teacher eBay.Before Taobao came, he knelt down first.

Playing games, old brilliant!

Shanda, Ninetowns, Giant, and Jiuyou were the online game capitals in China in their heyday!

Not to mention Shanda, it became an instant hit, crowned the richest man, and the banner of Internet Disney was waving!Ninetowns Miracle, after getting Warcraft, swept half of the online games even more, full of vigor!Giants are also bulls. Boss Shi created an online game version of Melatonin, and the local bosses paid for it without blinking an eye. They are really making money every day, and you can hear the sound of copper coins when you sleep!Let's go for a long time, the name is not that big, but Audition was once popular among thousands of girls, it opened the curtain of the era of leisure online games, no matter how you say it is also a hero!
However, what do the game tycoons of the Modu city do after making money?
Shanda, investing, building an ecosystem, the dream of Internet Disney is not for nothing.The upstream has acquired Qidian and Cool Six, all popular IPs have been collected, and all Korean, Japanese and American masterpieces have been collected. Isn’t it just money, the worst thing we have is money!

The downstream is engaged in innovation research institutes, and more than 50 projects have been approved and developed at the same time, such as Maiku notes, 1Q84 radio station, humming search, everbox cloud disk...

Every emerging hotspot has to occupy a pit.Ninetowns and Jiuyou also follow their big brother Shanda to go abroad every day and buy them all over the world. Giant also bought 51.com, and they want to use their social network...

(End of this chapter)

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