Rebirth
Chapter 15 Gathering of Big Brothers (Sent for Zhang NB's reward for the first time received)
After the meeting, everyone got ready. After lunch, the Yahoo garage looked very quiet. Obviously, everyone in the company knew what the next negotiation meant.
Yang Zhiyuan and others were also a bit nervous, including Li Feng. After all, Li Feng was just an ordinary person in his previous life. Then these people are all influential figures in the American market. If Li Feng can really calm down, it would be strange.
The same is true for Yang Zhiyuan and others. They were students two months ago and will face those business elites next. It is inevitable to be a little nervous.
In fact, this financing negotiation has attracted the attention of the entire venture capital community and even the entire Silicon Valley. Since the decision to start accepting venture capital, Yahoo has recently become the topic of the entire Silicon Valley.
Who made Yahoo’s recent performance really great? It has become a benchmark on the Internet. As long as there is almost no Yahoo online, there are more than 2 million registered members and nearly 10 million hits every day.
It is impossible to fight back against a group of competitors. You must know that Yahoo still had many competitors on the Internet, but since the revised Yahoo portal was launched, the traffic of many competitors has plummeted.
......
Yahoo’s performance, because of Li Feng’s early intervention, can be said to have far surpassed the same period in the previous life, and at least allowed Yahoo’s development to advance by at least a year or even more. This is also how the butterfly Li Feng is in this world. The biggest wind wave rolled up.
A few days ago, the 500 million valuation quotation made by Yahoo has been spread in the venture capital circle and Silicon Valley. Many people said that Yahoo-Yang Zhiyuan and others were crazy.
How could it be possible to make such a crazy valuation quotation. At this time, the U.S. dollar is not the crazy devaluation of the following generations. At this time, the U.S. dollar is the strongest world currency.
Even the market value of many listed companies is less than 500 million US dollars. Thinking about this, you know how crazy Yahoo's valuation is in the eyes of ordinary people.
And at this time, Yahoo was still a company with less than 20 people, and it was still shrinking in a garage of more than 100 square meters. Yahoo was officially established only 2 months after it was full, and you know how incredible it is.
Because of this, today the entire Silicon Valley is paying attention to Yahoo's first round of financing negotiations, and many people are even preparing to watch Yahoo's jokes.
......
At 1:30 in the afternoon, as many cars arrived in front of the Yahoo garage, there was a commotion in Yahoo. Obviously, many venture capital representatives had arrived.
Originally, the negotiations wanted to find a hotel or something, but the venture capital representatives proposed to negotiate directly with Yahoo, saying that they also wanted to see how Yahoo, which is popular on the Internet, works.
Immediately, Yang Zhiyuan arranged in addition to the necessary staff to bring a group of people to the gate of the garage to welcome the many venture capital representatives.
Li Feng followed Yang Zhiyuan out of the gate, and he saw a group of people coming out of the car. Among them was Michael Moritz of Sequoia Capital who had just met a few days ago.
Immediately Yang Zhiyuan walked in front and walked towards the crowd, followed by mutual greetings, etc., especially the appearance of Li Feng, which surprised everyone. After all, Li Feng was only 15 years old. Too abrupt.
Similarly, the venture capitalists were obviously heavyweights, but they were shocked by Yahoo.
For example, Don Valentine, the founder of Sequoia Capital, and Michael Moritz, the second-generation core; John Durr, the founder of KPCB; Steve Case, chairman of AOL; and founder of DFJ Tim Dreipu; McGovern, Chairman of International Data Group (IDG Capital's parent company); Andy Grove, President of Intel, the parent company of Intel Capital, visited in person.
Let’s not talk about the small Luoluo that everyone still took. In short, these people who came to Yahoo today are definitely the heavyweights in the heavyweights of the American Empire.
......
The gathering of so many heavyweights on Yahoo is a precedent in history.In fact, it is impossible for ordinary venture capital to convene these big names, even if the amount of venture capital is high, it is generally impossible.
However, because Yahoo has set a historical precedent and proposed the profit model of the Internet, which has attracted the attention of everyone, this is the most important.
What kind of people are these big people? They are all world-class business elites. From the free "content + traffic + advertising" business model proposed by Yahoo, they have seen the unparalleled prospects of the Internet. This is why they come to Yahoo! The main reason to see.
When I realized the broad prospects of the Internet in the future, I was naturally curious about the company that was first proposed. Under such circumstances, it brought together heavyweights from all sides.
At the same time, this is also one of the important reasons why many capital giants did not directly reject Yahoo's 500 million quotation, but were still willing to sit down and talk about it.
It can be said that after all the characters introduced each other, Yahoo was a little dumbfounded.
Think about it, these leading figures are all world-class business leaders. Why are they suddenly so interested in their own Yahoo company, but they scared a lot of people, even Li Feng was a little stunned.
......
"Why, His Royal Highness was also shocked?" Just as everyone at Yahoo was shocked, Michael Moritz walked up to Li Feng and asked jokingly.
"Michael, what are these big guys doing? We Yahoo don't seem to be so important, right?" Li Feng returned to his senses, and then asked back.
"Haha..., it's nothing, everyone is a little curious about Yahoo, so by chance, all came, you know, when I saw it, I was shocked." Michael Moritz also smiled immediately. Replied.
In fact, this is also how Li Feng underestimated Yahoo. Think about the performance of the stock market after Yahoo's listing. The company clearly suffered huge losses, but its stock price kept rising.
Although there is the suspicion of the Internet bubble, it can also be seen that people value Yahoo. This is the first time Yahoo has proposed the largest praise for the Internet profit business model.
This is the case for European and American companies, and they value pioneering companies very much.For example, Apple, the pioneer of personal computers;
Yahoo, on the other hand, is the pioneer of the Internet entry-level website-portal website, the pioneer of the Internet free "content + traffic + advertising" profit model, opening the door to Internet profitability and opening the Internet history.
......
Li Feng winked at Yang Zhiyuan, David Filo, and Tim, and then walked aside, and all three of them came over.
"Everyone, it seems that we still underestimated our own Yahoo, and we murmured our own influence. Therefore, in the next negotiation, the 500 million valuation is tightly held. Even if it is a concession, we cannot retreat too much." Li Feng Said to several people.
Sure enough, as Li Feng's voice just came, the eyes of the few people lit up. Yes, if Yahoo had something they valued, these bigwigs wouldn't come.
Immediately a few people smiled, nodded affirmatively, and immediately accompany the big guys.
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