Chicago 1990

In recent months, a large number of technology and network startups such as yahoo have sprung up in Silicon Valley. Many random two rounds of financing have gone up and down. The valuation has blown into eight figures like a bubble. Song Ya is occasionally busy. It is inevitable to feel wrong to see relevant news.

"You can ask, round b... I'm willing to vote even if it is round b." He played yahoo's search service for a while, and finally made up his mind to say to Dile.

"In round b, ordinary pure investors can't get in."

Dile is very familiar with this business now, "unless we can provide yahoo with some key resources."

"For example?" Song Ya asked.

Dile shook his head, "I can't imagine. In round A, Sequoia Capital entered. You know, Sequoia Capital also invested in dts. I often exchange opinions with their people. Do you think we can provide even Sequoia Capital. What can't be provided to Yahoo?"

"Let the people from Greenwood come to me. There are always opportunities. Just tonight, I will only stay in Sunnyvale for one night. Next time you will help me meet the Chinese founder of Yahoo for a meal or something."

After leaving the American music website, he strengthened his idea of ​​forming a venture capital company. It was too inefficient to find investment by relying on his occasional familiarity with a mosaic browser or yahoo search engine, even if he made up a round of HP stocks. In addition to the tax payment in April, he still has hundreds of millions of dollars in cash that he has not invested, and the interest of six points is almost out of reach. Now it is rumored that the Federal Reserve will switch to the interest rate cut cycle.

Palm, Netscape, 3dfx, Wanyan and Jimmy are responsible for tracking and managing the investment, all of which are more or less unsuccessful.

Palm’s Jeffrey Hawkins and others have almost sold themselves to the U.S. Robot Company, and their shares have been reduced to 5%. Although the shares given have made a lot of money, it is almost impossible to get from the major shareholder of the U.S. Robot Company. That gets any cooperation, only long-term holding and waiting for listing.

Netscape itself has no power when propagating.

3dfx was simply embarrassed by three tech industry crooks.

Wan Yan is not doing well recently. The integration scheme patents that Jimmy asked over there did not stop the new vcd machine manufacturers that have sprung up this year in China. Anyway, everyone purchases from major international manufacturers such as Texas Instruments, c-cube, and Philips. The chip comes back to be assembled.Jimmy is now dealing with China. According to him, it is difficult to fight an inter-provincial lawsuit, and it is even more difficult to execute.It was Song Ya who asked Song Asheng to find the old relationship accumulated in the relocation case of the Baen Chemical Factory to facilitate a joint business operation and destroy a small factory with no background.

And international big players Philips, Samsung, etc. have also begun to produce their own vcd machines.

"Linda, are there any results from the headhunting company?"

Although Jimmy has a lot of crooked ideas, his personal ability is still not good. He does not know the technology industry better than himself, and he is gradually becoming too busy alone. Song Ya asked Linda as soon as he arrived at the hotel.

"Yes." Linda gave him the resumes of some management talents in the technology industry, which were collected by headhunting companies.

"This...is almost sixty? This... looks a bit like the liar of 3dfx, isn't it his father?"

Song Ya looked at a bunch of blinding old white men's faces, and everyone was dissatisfied. This reminded him of the professional managers who specialize in pitting capital in Hollywood. It is better to continue using Jimmy.

"None is good." He quickly finished browsing and shook his head.

"Some of these people have many years of management experience in traditional industries, some have worked in the middle of the technology industry, and how many have investment banking qualifications. Are you not satisfied?" Linda asked.

"This is a position that helps me spend money. I want to use someone who is very knowledgeable but not very aggressive. I can't trust these old white men." There is nothing taboo against her, Song Ya directly expresses what she wants. .

"Well, why don't you look for Chinese? I heard Dilee say that there are so many Chinese in the IT industry now..." Linda suggested.

"Well, you can help me find another headhunting company, the kind that knows better about Chinese executives.

"I'll do it tomorrow..." Linda wrote it down.

"Wait first."

Song Ya thought about it and changed his mind. Let’s first ask a few Chinese tech industry leaders he knows. He picked up his mobile phone, and Sun Yansheng is fine. Wan Yan introduced by that guy has not recovered his investment yet, c- Cube made a lot of money by selling decoding chips...

Innovative Mr. Hu is more reliable. He even gave advice when 3dfx falsified 3ddemo, but he didn't listen to it.

"It's very popular in the U.S. Nowadays, capable Chinese can start their own companies or work hard in various start-up companies and prepare to take the employee shares promised by the boss. How can they be willing to become a venture capital fund in your company? Managers? Some are executives in major technology companies..."

Mr. Hu smiled straightforwardly: "Your position not only needs to understand the IT industry, but also has financial and legal knowledge. Think about it, everyone is rushing to ask for such high-end talents. Even if I know it, I will keep it myself. It's impossible to introduce to you haha..."

Song Ya made a few more calls, and the replies were the same. Can't find anyone who helped me spend the money?Just worrying, the door of the guest room was knocked, and Dile came with the people from Greenwood.

"So fast, Dile, hello..." Song Ya shook hands with the two.

"I was in Yahoo's new office just now..."

The Lushan people laughed and said, "Mr. Aplus, lucky to meet."

"Please sit down. I want to enter yahoo's B round, do you have a chance?" All discerning people, Song Ya went straight to the topic.

"After Mr. Dile conveyed your intention to me, I immediately called my colleagues in the company to discuss it. They have no intention of letting Yahoo accept new investors in the near future."

The other party is not talking nonsense, "We want to observe the situation after the first wave of network stocks in the fall, unless..."

"Unless what?" Song Ya seemed a little bit tricky when he heard what he meant.

"Unless you can help Netscape browser to change the default search engine to yahoo." The people at Greenwood set out the conditions, which should be the result of their discussion.

"default?"

Song Ya didn't care about this kind of details. He connected his laptop to the hotel's poor network and opened the Netscape browser. The only search page link on the homepage came from Infoseek.

"Yes, Netscape now uses infoseek." The people at Greenwood said: "Netscape browsers have a very high market share now, and their diversion effect for Infoseek is very good. If it can be replaced with yahoo..."

"I see, wait a moment."

Song Ya immediately went into the suite and called Jim Clark.

"So you have to ask about the specific operations of Netscape? Aplus, remember how we agreed before accepting your funds?"

Jim Clark was very upset when he heard Song Ya’s inquiries, but he explained, “The Internet is a very new thing. All people and companies are trying their best to contribute. Netscape and some companies cooperate with each other to research and share technologies. Infoseek is One of them, we have no reason to betray our partners."

"No talk?" Song Ya asked.

"I don't have to talk about it, eaplus, learn more about the industry dynamics! Infoseek is now far ahead of Yahoo in terms of traffic." Jim Clark has always said to him, "We are a strong team, and they only see opponents."

Song Ya put down the phone, went out blankly, and visited the search site on the laptop. No, no sense of yahoo's familiarity at all, "Sorry..."

But I can’t help it. I am a humble minority shareholder. I signed the Alliance of the City to enter the venue. I had to temporarily dismiss the people from Greenwood. “After talking with Mr. Jim Clark, I agreed that Netscape is temporarily inconvenient to change partners, you know. Yes, the Internet is a very new thing. All people and companies are trying their best to contribute. Netscape and some companies cooperate with each other to research and share technologies. Infoseek is one of them. We have no reason to betray..."

"I understand I understand." The other party smiled and got up to leave after receiving a reply.