wild 1995

Chapter 61 Valuation

At the beginning of the school year, everything was busy. No matter how talented Di Ye was, Dean Fei couldn't be around him as a student. Therefore, after the meeting in the small classroom, he immediately went back to the office building of the School of Computer Science to do various teaching and academic affairs.

At 5:[-] in the afternoon, Dean Fei turned off his office computer and was about to go home. Seeing Liu Shaosong knocking on the door and coming in, he couldn't help sighing, and asked, "Could it be something related to Di Ye again?"

Liu Shaosong cooperated with him, sighed and nodded, but his expression was quite excited, and said: "Dean, we only pay attention to the technical content of the browser, but ignore its commercial value, which is a bit inappropriate."

Dean Fei told him to sit down, threw a cigarette over, and said disapprovingly, "Di Ye said it was just a toy, so it would have no commercial value."

Liu Shaosong smoked too much in the afternoon and dared not smoke any more. He held the cigarette in his hand and said, "That's not necessarily the case. I just called to chat with an old classmate who works at Cisco, and he told me a very important news."

"What's the news? Don't be so secretive. If you have something to say, hurry up. I'm in a hurry to go home for dinner."

"My old classmate told me the news: after Netscape released the Navigator browser in October last year, KPCB, a well-known Silicon Valley venture capital firm, invested US$10 million in them and only got 500% of the shares. In this calculation, the Navigator browser is worth US$20 million."

When Liu Shaosong said this, he still couldn't hold back. He took out a lighter and lit the cigarette. After taking a puff, he continued: "Dean, when Di Ye introduced the browser this morning, he said that his toy is not inferior to Netscape's Navigator in terms of performance and functions. Do you still remember?"

Dean Fei was stunned, stopped smoking, and asked in disbelief, "That toy of his is worth 2500 million dollars?"

"The 2500 million US dollars is just the valuation of the venture capital company, not the actual value. But with Navigator as a reference, the browser written by Di Ye, no matter how worthless, should be worth 300 million US dollars."

"Two or three million dollars is already an exaggeration!"

"My old classmate also said that if my description of Di Ye is true and accurate, he can apply to the US headquarters to provide a full scholarship and send Di Ye to Stanford University for further study."

"Stanford is a top school in the world, you old classmate has this ability?"

"He didn't, but Cisco did, and the founder of Cisco graduated from Stanford University."

Dean Fei threw away the cigarette butt when he heard the words, and sighed dejectedly: "If it's Jinling University, let's meet the requirements, at least we can win it. If it's Stanford University, then there is no chance at all."

Liu Shaosong was silent about it, and after smoking a cigarette, he said: "A dead horse should be a living horse doctor, I'll ask Di Ye what he thinks."

"It can only be this way."

When Liu Shaosong got up to leave, Dean Fei stopped him again and said, "Shaosong, we are teachers, no matter how reluctant we are, we can't delay the students. Di Ye can go wherever he wants, don't force it, and don't play the emotional card."

"I know."

When the big brother on the coffee table in the living room rang, Di Ye was discussing cooking with Xia Fangfei in the kitchen.

"I can cook noodles, what can you do?"

"I can make scrambled eggs, fried vegetables, fried bean sprouts, fried shredded potatoes..."

Xia Fangfei untied her brand-new apron, threw it to Di Ye, interrupted his fried words, and said, "Go and answer the phone. After answering, let's go out to eat. By the way, I will buy two cookbooks and come back and study it."

Di Ye ran to answer the phone, and when he heard that Liu Shaosong was going to invite him to Hanlin Restaurant for dinner, he reminded with a smile: "Mr. Liu, don't forget to bring the bet."

"I'm still in the office and I haven't come home. I'll bring it to you tomorrow."

"I'm willing to bet and lose, Mr. Liu, please don't lie to me."

"How dare you threaten the graduation design tutor?"

"Don't dare, I was wrong. I will pay for your treat later."

Hanlin Restaurant is a local restaurant with a good reputation. On this street outside the north gate of Yunda, Di Ye and Xia Fangfei walked there in only two to three minutes. They found a table in the corner and waited for about 3 minutes before seeing Liu Shaosong driving a Honda Accord.

"Ms. Liu, how can you, an associate professor who has only been working for more than two years, afford an imported car? This car costs more than 30 yuan, right?"

"Yunda helped me apply for the preferential treatment policy for high-level talents, tax exemption for buying imported cars, and an interest-free loan, only 10,000+, which is very cost-effective."

Di Ye has been wanting to buy a car recently. After reading a lot of information, he knows that the tariffs on imported cars are very high at this time, 3.0% for cars with a displacement of 150 and above, and 3.0% for cars with a displacement of less than 110.

"Look at your talent! Is a car enough?"

"Small advantages are not taken for nothing."

Xia Fangfei turned into a good housemate, interrupted the chatting between the two, handed over the menu, and said, "Mr. Liu, let's order first, let's chat while eating."

Liu Shaosong often saw Xia Fangfei at home recently, and he was already very familiar with her, so he deliberately ordered a few expensive dishes, and then narrated the discussions between Dean Fei and several professors in the afternoon in chronological order.

When Dean Fei proposed to open a school and a factory, Di Ye thought it was a good idea and said, "As far as I know, the cost of opening an Internet access service is no more than 20 US dollars. AsiaInfo actually quoted 60 million US dollars. Teacher Liu, this is very profitable. Why don't we cooperate and do it together?"

Liu Shaosong is a relatively pure scholar, facing the profit of hundreds of thousands of dollars, he was unmoved at all, and said: "I don't know how to do business, so I don't want to get involved. If you want to do it, you can discuss it with Dean Fei and contact the post office in the name of Yunda. Besides, your sister works at the post office and can help."

"You make me think about it."

In March 1994, the General Administration of Telecommunications under the Ministry of Posts and Telecommunications established the Mobile Communications Bureau and the Data Communications Bureau, which were responsible for mobile phone calls and network construction respectively. The Mobile Communications Bureau developed rapidly, while the Data Communications Bureau was relatively unpopular.

According to the memory information excavated by Xiaohonghua, the Ministry of Posts and Telecommunications will handle the corporate legal person registration for the General Administration of Telecommunications in April 1995, divest the government functions, and carry out market-oriented operations. In November, it will start building ChinaNet, connecting all 4 provincial capital cities across the country to the Internet, and then the data communication bureaus in various places will start to rise.

Di Ye once promised Di Yan that there would be a way to help her upgrade from the sub-department to the main department. In fact, she wanted to take advantage of the divestiture of government functions by the Telecommunications Bureau in April, and move her from the personnel department to the head of the Data Communication Bureau.

Although the Data Communication Bureau does not sound as good as the Personnel Department, it is easier to make a career and leave its own name in the history of China's Internet development. For example, the Pengcheng Data Communication Bureau created the first Internet cafe and the first public BBS in China, the Yangcheng Data Communication Bureau supported 163 and Netease, and the Hangzhou Data Communication Bureau disturbed the China Yellow Pages.

To set up a school-run enterprise, Yunda provides talents, Di Yan provides policies, and herself provides technology. The three cooperate with each other to incubate and support Internet companies...

Di Ye thought about it for a while, and felt that this business has great potential, so he said: "I will go to Pengcheng to inspect it in a few days, and if it is suitable, I will discuss it with Dean Fei."

Liu Shaosong had no interest in doing business, so he just hummed casually, and then continued to talk about the preferential conditions discussed by Dean Fei and several professors.

Di Ye went to graduate school just to fulfill Di Ye's last wish, to help him get a degree certificate, and to give himself the aura of being a top student. He heard that he can graduate with a doctorate if he only needs to submit 5 SCI papers without attending classes.

"Of course, President Song must personally make the decision and then communicate with the Ministry of Education, otherwise it will not be so easy to get a degree certificate."

"Will Principal Song agree?"

"If you don't go to Stanford, President Song will definitely agree."

"What does this have to do with Stanford?"

Liu Shaosong also talked about the valuation of the browser and the willingness of his old classmates to help him apply for studying at Stanford, and reminded him with a smile: "You sell the browser, and then go to the United States to study. You can buy Mercedes-Benz, BMW, and Cadillac. You don't have to be greedy for my Accord anymore."

1995 was a year of great success for Netscape, which directly triggered the birth of the Internet bubble. Di Ye was not surprised by the valuation of the browser, but he had bigger plans. He didn’t like petty profits of several million dollars, and he didn’t plan to study abroad. He laughed at himself: “It’s more beautiful to drive an Accord in Yuncheng than to drive a Mercedes-Benz in the United States.”

Hearing this, Liu Shaosong put down his chopsticks and asked seriously, "You don't want to study at Stanford?"

Di Ye smiled and said, "I don't want to study abroad, but I want to go to the United States for a while. If Teacher Liu can help me arrange it, I will be your student for another year."

"Really?"

"real."

　There was another delay last night, so this chapter will be added first.

　　
　
(End of this chapter)