Rebirth

Next, Li Feng's life finally entered a formal life. Zac and Li Feng can be regarded as living an otaku life. They went to the supermarket to buy a lot of ingredients, and then they stayed at home for almost a week, and soon almost a month passed. Up.

The time has entered March, and it has been almost a month since the Yahoo portal went online. The most beautiful month since the beginning of Yahoo! This is what Yang Zhiyuan and Li Feng said on the phone.

At that time, Li Feng smiled faintly when he heard Yang Zhiyuan's words, thinking, when Yahoo goes public, that will be your best time.

......

"Hello, Li Feng, you feel comfortable. We are all so busy. As expected, all investors are capitalists."

"Wow, Brother Yang, you have time to tease me now, it seems to be good lately."

"Haha..." Obviously, Li Feng spoke of his excitement.

"Li Feng, it seems that you have Zhuge Liang's ability to count on everything. In the last month, our company has received nearly 500,000 US dollars in advertising revenue. God, we are profitable."

Listening to Yang Zhiyuan's excited cry over the phone, Li Feng was also happy.

......

"Okay, then what do you mean by your call, Brother Yang, are you ready to pay dividends?" Li Feng joked with Yang Zhiyuan.

"Fuck off, I have recently purchased servers, network equipment, and recruited some professionals to come in. The money is not enough, but the money is here."

"Oh, so VCs are here?"

"Yes, several companies have come to the door, and a few said that they want to buy directly."

"It seems that venture capital is necessary to get the acquisition out. We have to hurry up. The time on the Internet is too critical. We are ahead of the curve one step ahead."

"Of course, Li Feng, come to the company, then we will first determine a charter, and then we can have a good chat with the venture capital company, haha..."

Obviously, Yang Zhiyuan is very excited, after all, he has already seen the future prospects.

"YES! YES! YES!"

After finishing the phone call with Yang Zhiyuan, Li Feng jumped up and waved his hands fiercely and shouted.

In fact, it is normal. Venture capitalists are always the most sensitive. When they realize the value of Yahoo, they immediately come to the door.

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"Boy, is there anything good, so excited." It was Zach who saw Li Feng's excitement and asked with a smile.

"Zach, haha, we succeeded. News from Yahoo! We are about to face the first round of venture capital." Although I knew Yahoo's success, I couldn't help being excited when I got the news after I got involved.

"Wow, this is really good news. There is nothing better than this."

"Of course, Zach, are you ready to become a millionaire and multimillionaire immediately?"

"Wow, Jhon, I love you so much."

......

Not to mention the two of Li Feng, Yang Zhiyuan in the garage where Yahoo was at this time was also excited when facing the two in front of him.

"Yes, Shengzi agreed to engage in venture capital. They will come tomorrow. We have to be ready to unify our opinions. After that, we will face investors and financial capital from all aspects. Everyone should be prepared."

"Yes, I know that the Son of God will agree to it." David Filo said excitedly at this time.

I have to say that the historical inertia is still great. In addition to the two founders of Yang Zhiyuan and David Filo, there is also a person named Tim Coog, who is now the general manager of the company and is now in charge of the company. Internal management affairs, of course, Lao Mei is called CEO.

Later generations said that Tim Coog was hired by Sequoia Capital to help manage the company.

In fact, Tim and Yang Zhiyuan also know each other. At the same time, Stanford alumni, perhaps because of historical inertia, this time without Sequoia Capital's intervention, Tim still joined the early Yahoo.

Now Yahoo’s chiefs’ business cards are still two people, including Yang Zhiyuan and David. Originally, they had to add Li Feng. However, Li Feng said that he was an angel investment and refused.

......

"Well, I'm also very curious about the "Shengzi" people in the company talk about, and I hope to see him soon."

"Don't worry, Tim, that's a very good guy, with a genius for business. He proposed our profit model."

"Oh, that's a genius boy!"

For Yahoo's profit model, Tim also knows everything after joining, especially the concept of portals and Internet new media, the business model of content + traffic + advertising is even more groundbreaking and absolutely a genius business idea.

Therefore, Tim has always had a strong curiosity about the "Holy Son" in the company.

......

Just when the general manager of Yahoo is obsessed with our protagonist, our protagonist is also rushing with Zach at this time, excited.

"Zach, we will go to Silicon Valley tomorrow. I can't wait." After the excitement, Li Feng said immediately.

"OK, John, thank you!" Zach calmed down at this time, and said to Li Feng sternly.

After all, no one can give himself at least a few million shares of the company without blinking his eyes, and maybe even tens of millions or billions of wealth in the future.

"Hi, Zach, we are relatives, aren't we?"

"Of course, we are relatives!" Zach nodded affirmatively back with tears.

......

At noon the next day, when Li Feng and Zac walked down in front of the Yahoo garage, Yang Zhiyuan led a dozen or so people from the company to greet them and applaud. Li Feng was moved for a while, but he did not expect to have a short contact with them. In just one month, it was quite popular.

Afterwards, Yang Zhiyuan took the two, David, Tim, and 5 people into the company's small meeting room.

Then he gave a detailed explanation around Yahoo's achievements in the last month, so that Li Feng could understand in detail, and then talked about the next first round of venture capital.

It can be said that this month is the most beautiful month for Yahoo. Now as long as you are on the Internet, you will basically visit the Yahoo website, browse the information on the website, and search for the content on the website.

In other words, the current Yahoo is a combination of search and portal, which is also the Yahoo model for later generations.

Unfortunately, Yahoo made a strategic mistake and did not pay enough attention to the search business. It mainly developed portal websites. With the rise of Google, Yahoo eventually got worse.

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"Gentlemen, since we have reached a consensus on the first round of venture capital, we first need to set a valuation of our own website before we can meet with other investors. Now everyone can talk."

"Let me talk about it first. According to the actual situation of our website, we achieved 500,000 advertising revenue last month. If we calculate it in a year and take into account the development of the Internet, 10 million advertising business is feasible. Our valuation should not be less than 100 million U.S. dollars."

As the company's general manager, Tim was the first to put forward his own opinions.In fact, based on the price-earnings ratio, Yahoo is definitely a behemoth on the Internet.

Li Feng also nodded and basically agreed with Tim's opinion. Of course, it is currently only used in the US market, but Yahoo has taken root in the world in previous lives.

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"Everyone, we can agree with Mr. Tim's proposal in the American market, but are you just guarding the American market? The Internet knows no borders, so our goal is the whole world."

At this time, Li Feng stood up and directly put forward the slogan of the world.It can be said that when Li Feng proposed that Yahoo needs the world market, all the people present were shocked and excited at the same time.

Yes, a few people are thinking about the domestic market, but the whole world, how big the market is.Thinking of this time, everyone couldn't help but look at the teenager in front of them, all slowly exclamation points.

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"Therefore, at the moment, what we need first is to estimate by ourselves the funds we need to develop in the world in the future, and then to finance according to the situation.

After all, we all know that although we have the early advantage, the advantage on the Internet is the shortest. We can be a portal website, and others can also be a portal website.

In the US market, because of our early advantages, we may possibly occupy most of the market, while abroad, we will face the challenges of Internet practitioners in other countries.

Therefore, I hope that this time we can complete the initial funding of our Yahoo! World-class website architecture through the first round of financing.

Our goal is to burn money, burn money crazy, and burn all the money that comes in financing.

Speaking of it, at first I was regarded as an angel investment, then the next investment is regarded as the second round of financing. As for whether the third round is necessary, we will see the specific situation at the time. If it can develop smoothly, maybe we can go to Nasdaq next year. The bell is ringing.

Our goal is that as long as people on the Internet, first browse the Yahoo website to see all aspects of current affairs news; you need to find content on the Internet and find it through Yahoo search.

Our website has already met the basic needs of netizens. At this time, can we still ask for high prices?

Therefore, my valuation of our Yahoo is 500 million. If it can take the initiative in the global Internet market, shouldn't Yahoo increase its valuation?

We are the number one company on the Internet and deserve the treatment of the number one company."

......

Sure enough, I heard the Yahoo valuation proposed by Li Feng, although I had already expected it, after all, Li Feng had said so much before, but when it came to the specific valuation, he was still stunned.

You must know that Yahoo now counts Li Feng and Zach as non-staff personnel, and there are still less than 20 people.

Another point is that the current venture capital community is generally tens of thousands of hundreds of thousands, and many millions of financing are shared by many people and organizations. However, Li Feng proposed a crazy financing plan and valuation. No wonder everyone was surprised.

It can be very clearly said that if it can really raise funds according to the plan, then Yahoo will make American history.

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Many people say that in the early days of the Internet, venture capital was not easy, and many required grandpa to tell grandma to succeed.

For example, whether it was Yahoo, Amazon, Google, FB, etc. in the previous life, the initial financing was not as smooth as people think. Only when the company has developed, many talents will flock to it.

Of course, as long as the initial investment in these companies has been crazy returns.