Rebirth

(At the stage of new book development, we are very grateful for all kinds of support! Seeking collection, recommendation, book review...)

"Okay, two people, I think we have to talk about the specific situation, it's still important to talk about business." After a few people sat down, Li Feng said immediately.

"Mr. Li, I didn't expect that the first person who came to the door was a teenager like you, and David and I did not expect it.

You can read it. This is our business plan. After reading it, we will discuss it in detail.After Yang Zhiyuan finished his generalization, he took out a document and handed it to Li Feng.

In fact, Li Feng really wanted to tell them at this time that there is no need to be so troublesome. I will only have 500,000. You can just give some shares.

I thought to myself that I still had the plan in my hand, watching and listening to Yang Zhiyuan's explanation.

In fact, according to what the two of them now say, they are mainly talking about how the website is, but it is very vague about the real profit model. After all, the Internet is still a new thing, and many of them are crossing the river by feeling the stones.

......

"As for the various data on the website, I believe what the two said, but now there is one most important thing. I think both of you are also very clear about how to achieve profit through your guide.

This is the most important thing, that is, the profit model. If there is no clear profit model, I think your network guide may not last long. Please forgive me for speaking directly."

"Yes, Mr. Li, I think it has become the heartbreak of all Internet practitioners. After all, the Internet is becoming more and more widely used. I know that there is a huge business prospect, but I can't find a clear profit model."

"Two people, this time I came here with two points. The first is funding. Of course, it is the initial development funding, not much;

The second point is the future development of your web guide and a clear profit model."

"What?" Yang Zhiyuan and David Filo stood up and said at the same time.

"Of course, I think both of you know that it's not free."

"If there is a really clear profit model, we welcome Mr. Li to join." Yang Zhiyuan said affirmatively on behalf of the two at this time.

In fact, when Li Feng talked about a clear profit model, Zach almost fell to the ground in shock.

After all, the two have been together, how could they not know Li Feng's situation.If you can think of a profit model after reading the online guide a few times, then Li Feng's business talent is too high.

You know, this problem has become the biggest trouble for all network practitioners.

......

"We don't care about the profit model. We will talk about it for a while, and now we will talk about the specific issue of equity participation.

To be honest, I don't have a lot of funds at the moment. For the time being, I can provide an initial capital of 500,000 U.S. dollars, coupled with my own ideas, and guide the future development direction and profit model of shares.

In business, although I do not understand computer and network technology, I don't know, how many shares can I get?"

"You two, we have already contacted a few financial capitals, but we haven't responded yet or refused directly.

As for the shares, I have discussed with David before. Our guide is priced at 5 million US dollars, which is 10% based on your funds. As for the idea, it is difficult to calculate now. If there is a clear and feasible guide for development planning and profitability Mode, you can also increase 10%."

......

When Yang Zhiyuan mentioned the share issue in his mind, Li Feng almost jumped up and wanted to agree on the spot. It was really unexpected.

It is a pity that although Li Feng comes from later generations, he is not a master of capital operation after all, and he does not care about the venture capital industry.

I only know that it was the first fund invested by Yahoo. As for what the situation is, I don't know. After all, I am just an ordinary person. Who cares about how much money Sequoia invested?

You must know that Sequoia Capital acquired 25% of the shares in its first venture investment of 1 million US dollars, which means that the valuation was only 4 million at that time, which is much lower than the valuation Yang Zhiyuan said.

Li Feng didn't know this at this time. He just thought of getting rich and investing in Yahoo himself.

Even if the shares are diluted again in the future, he will definitely take a solid step towards a billionaire.Of course, no one will have too much money, and what we should fight for is to fight for it.

......

"I want to make it clear to both of you. In fact, at the beginning, as long as you can start with a certain amount of funds, I think the two guides can meet the temporary needs.

If there is a clear profit model, when I want to seek capital, I can definitely guide the growth of multiples or even several times. Therefore, in my opinion, my creativity is even more important than my capital.

In this way, anyway, I made up my mind to invest. I directly stated my ideas, and the feasibility was confirmed by two of them. If the two confirm the feasibility, I hope it can increase by 5 percentage points."

Hearing Li Feng's reply, the two of them gestured for a moment, and then nodded and agreed to Li Feng's proposal. After all, the profit model is more important than the 5-point weight.

Of course, this is also the reason why the two are still too young. Although they are much older than Li Feng, the book business is still heavy. After all, they have not officially left the campus.

......

Immediately afterwards, Li Feng spoke briefly according to the general situation of future portal websites, and put forward the concept of portal websites, and put forward the mode of content-flow-advertising.

In fact, there are roughly two modes of Internet advertising, one is content-traffic-advertising, and the other is search engines.

Although Yahoo also works as a search engine, it does website catalogs and searches within the site, and it is organized manually, which is not a search engine in the true sense.

Therefore, when the concept of a portal was not put forward, Yahoo's search directory was not profitable, although occasionally there was a small advertising revenue.

This is the network concept first proposed by Yahoo in the previous life in 1996. It even proposed network media, which is different from traditional media such as newspapers.

Even Li Feng took out the drawing paper and drew a rough sketch. The general pattern of the portal website is basically clear.

For Yang Zhiyuan and David, two professionals, Li Feng's vision is simply incredible.It directly points out clear development ideas and profitable methods through advertising for the website, and more emphasis on various advertising methods.

Sure enough, the next two fully entered the discussion stage, and how to wait, regardless of Li Feng and the two discussed.

......

"Ahem..., I think you two should understand my concept of creativity and profit model. What do you think of it?"

"Lee, you are a genius!" David exclaimed in surprise.

"Li, your creativity was born for our guide. It's great. I think 5 points are less." Yang Zhiyuan said with a thumbs up.

"Oh, if it's less, give more, I don't mind."

"Ahem..." Yang Zhiyuan was choked as soon as the voice fell.

"Haha..."

Seeing Yang Zhiyuan's embarrassment, everyone burst into laughter.

......

"Well, I'll ask Zac to draft the shareholding contract. What should we do next after the three of us discuss?" Li Feng said with a smile.

"I think the first thing now is that we have to register a company, and it is not appropriate to use the XX guide. We need a domain name and website name.

What do you think of YAHOO?"

Well, Li Feng is straightforward. There are some legends about name selection on the Internet. This time, these legends are gone.

"Oh, YAHOO, very good."

"Verygood!"

Sure enough, after hearing Li Feng's proposal, both of them thought it was good. In the end, it really looked like what was said on the Internet. Because of the literal meaning, they immediately proposed to add an exclamation mark.

......

"The second point is to register the company, to clarify the shares of the three of us, to find a place, we need to officially move out of the campus, after all, it is not appropriate to be on the campus next.

The third point is that as long as we recruit some technical personnel to assist the two in the early stage, David is the technical director responsible for technical support, and Jerry is responsible for the overall operation of the company.

Finally, to prepare for financing again, I think the two of you should be very clear that the initial funds I provided are too small after all, and financing is necessary.

Of course, now that we have a clear profit model, I hope that before raising funds again, we will be able to make our website a brand-new revision and launch, officially knocking on the door of the Internet, and let Yahoo become synonymous with new online media.

When the time comes, we will not ask for financing, but they will ask for the door."

"Yes, yes, we have been rejected several times before, and next time, let them take the initiative to beg us." David yelled, waving his fist.

"Haha..." Obviously, the two had already sought capital before, but they were rejected.

It was impossible for those capitals to come automatically in the initial stage. As for the reports in the newspapers, capital came to them on their own initiative. They were actually used for propaganda. Of course, it was also to promote the wise and martial arts of capitalists.

Of course Li Feng wouldn't say, don't worry, someone will come to the door soon.

......

"Gentlemen, the contract is basically established. The three will sign it. Have the shares of the three in the new company been decided?"

Yang Zhiyuan and David discussed the shares in front of Li Feng, and finally decided that Yang Zhiyuan 40, David 35, Li Feng 25, such a share ratio, formally signed the contract.

At the same time, Li Feng asked Zac to help the three people register the company, and Yang Zhiyuan and the two found a place to move out as soon as possible.

At this time, Li Feng was thinking very stupidly. We will become the co-founder of Yahoo in this life.

After all, Yahoo has not formally established yet. This time the company has become the original shareholder as soon as it was established. Isn't it a co-founder? It should be regarded as an angel investor.

......

What happened to Li Feng's surprise, Yang Zhiyuan and David Filo put forward the idea of ​​quitting school to start a business, just like in the previous life.

Li Feng didn't try to obstruct either. After all, when the two succeeded, everything became wise and magical. After all, the world was written by the winner.