Rebirth

"Then why netizens will explode in just over a year? I think we all know that the biggest point of the Internet is its convenience. As long as there is something on the Internet, it can be found by a single website.

However, searching for information on the Internet was still troublesome at the beginning. I think Jerry and David were the two most impressed, which led to the fact that there were still few initial Internet users."

Everyone looked at them, and they smiled and nodded.

"It is this feeling that made Jerry and David completed the predecessor of Yahoo at school, and at that time they became the first choice for many netizens. They were able to find useful information through Yahoo.

This is also my first feeling after seeing Yahoo after going online. Since there are a large number of people using it, it represents a broad market.

......

The simple reason is that why newspapers and TVs are free for people to watch, and they still have great value (although many newspapers and TVs are paid), because newspapers and TVs have a large number of users, and Yahoo is the same.

Television and newspapers make money through a large number of advertisements, and Yahoo or Internet advertising can definitely do it.

It was with this kind of thinking that I brought my thoughts on the profit model of Yahoo's website and the cash of 500,000 U.S. dollars to find two of them. Finally, I was honored to become a shareholder of Yahoo."

After listening to Li Feng's words, everyone applauded. In fact, this is the case. The winner is the king and the loser is the bandit.Now that Yahoo is favored, Li Feng's initial investment is naturally praised by everyone.

......

"Now that we are on the Internet, what did we do in the first place? The first reaction of many people is the browser, or the Netscape browser, which is exactly what I want to say next.

In the absence of a browser, netizens are still very troublesome to surf the Internet. It is the advent of browsers that make it easier and faster for netizens to find information. This is also one of the reasons for the surge in netizens.

The Netscape browser is unique among all browsers and has already led the rest.

I don’t know if anyone has made statistics, what are the current Internet browsers used by Internet users?

According to my interviews, Netscape's utilization rate has roughly reached about 70%, which means that Netscape browser has almost monopolized the browser market, which means that it has monopolized the Internet access of netizens.

With tens of millions of netizens using it and the ever-increasing number of netizens, coupled with a near-monopoly browser market share, Netscape cannot fail to succeed.

......

I heard that Netscape is already preparing for an IPO. I am asking you to borrow money, in fact, for Netscape. I wonder if I can acquire some shares before the IPO and make myself some money.

According to my personal assumption, at most 3-5 years, the number of netizens in the United States should reach 50 million to 100 million, and the world is estimated to exceed hundreds of millions, and Netscape is the same in the world.

Of course, here is a digression, Yahoo is the same, as long as Yahoo can seize the opportunity to pioneer the market in the world, it will be able to achieve great success.

Therefore, in addition to the loan I proposed, I also want to contact Netscape through Sequoia Capital to see if I can buy some shares.

As for 3-5 years later, I think the Internet will only grow faster and faster, especially in some developing countries, such as China. As long as the economy develops and the people become rich, the popularization of the Internet is inevitable."

......

"So according to your estimate, if Netscape goes public, how much profit you can get, you know that you have to repay 20%." Valentin asked with a smile.

Obviously, Valentine is more inclined to borrow directly from Sequoia Capital. First, Yahoo shares are used as collateral; second, 20% of the income is actually quite a lot.

"Personally prefer 100-200% income."

After hearing Li Feng's very affirmative answer, everyone was surprised.

"Holy Son, why are you so sure?" David couldn't help but question.After listening to David's question, everyone actually looked at Li Feng with doubts.

"This is based on my own analysis. Of course, in the end, no one knows how to do it before the decision is made. I can only say that there is a 70% chance of achieving it. As for whether this IPO can be successful, I bet him 100%. "

Of course, Li Feng thought in his heart that 2-3 times is still less. The history of the previous life has already explained everything.At the same time, I would not tell them that Netscape was acquired in the end, and eventually Netscape disbanded and disappeared.

......

"I also know about Netscape. My old friend invested in Netscape before. It really happened according to what Li said. It seems that KPCB is going to dig a gold mine this time.

Not to mention the issue of borrowing, then I will first help you inquire about Netscape's situation and see if they are willing to let you take part of the shares, and then I will talk about borrowing."

After speaking without waiting for a reply, Valentine picked up and dialed directly. Everyone looked at Valentine and knew that he had gone to inquire about Netscape.

After listening to Valentine's words, Li Feng also reacted. It was time to call Durjohn. Didn't Valentine say that KPCB had dug a gold mine.

I thought, I knew that KPCB was also a Netscape shareholder, so I went directly to Dul John, and now I have Sequoia Capital come forward, but I don’t know what the result will be.

I have to say that as a rebirth person, Li Feng is still a bit ignorant. KPCB invests in Netscape. Anyone who knows the Internet a little bit will know it. After all, Netscape was too famous at the beginning, but Li Feng is a "half-handed" Internet person. .

......

"Hi! Durr, how are you doing?"

"Oh, isn't it, I want to find out something about you this time."

"Yes, I heard that Netscape is preparing to go public?"

"Hey, Silicon Valley is actually not big. It doesn't seem to be difficult for me to find out if Netscape is listed, right? Old friends, it seems that you KPCB are going to make a lot of money again."

"Well, is your roadshow over? How about I introduce an investor to you?"

"Yes, you are also very familiar with it. As for who you are, let's not talk about it."

"Well, let's talk for a while, but what is your issue price?"

"OK, let's talk at Netscape for a while."

......

After hanging up the phone, Valentine looked at everyone in the circle, looked at them all looking forward to looking at him, and then smiled.

"Okay, Son, your nose is really good, Duer said, they also reached an agreement with Morgan Stanley and just submitted the S-1 file to the SEC (Securities and Exchange Commission), I didn’t expect you But began to focus.

In principle, I agree to borrow money and there is no need to go to the bank. I think you can give us Sequoia Capital even if you have 20% interest."

After listening to Valentin's words, the remaining partners also smiled and nodded. After all, in business, the 10 million US dollars in interest was unreasonably pushed out, did they?

I don’t even worry about it, and I even hope that Li Feng is not. Then Yahoo shares are owned by Sequoia Capital. For Yahoo’s future, everyone in Sequoia Capital is confident.

After that, Li Feng asked Zac to negotiate a loan agreement with Sequoia Capital's lawyers.

After borrowing so smoothly, Li Feng was also relieved, thinking that next is the time for Li Feng to show off his skills. After all, he has capital to deploy the Internet earlier, right?

......

For this trip, Li Feng is very satisfied. First, he has completed the loan, and second is successfully connected to Netscape. As to whether the shares can be purchased, that is another matter.

In fact, what Li Feng didn't know was that although Netscape started its IPO journey and reached an agreement with Morgan Stanley, the listing of Internet companies is a new thing after all, and Netscape has not yet made a profit and is still squandering money. Therefore, , I am a little worried about IPO failure.

Before the roadshow, investors are willing to invest. In fact, whether it is Netscape, some shareholders, or even Morgan Stanley, it will be very favorable conditions for the subsequent Netscape IPO.

As long as there are investors who are willing to pay and reach a purchase agreement first, those who are in the next IPO journey will make people feel more at ease about Netscape and will be more conducive to Netscape's listing.

Dul John knows this very well. After all, KPCB is a major shareholder of Netscape, and has contacted Morgan Stanley before, and the other party also has concerns in this regard.

Therefore, when Valentine said that some investors were willing to pay now, Durr agreed directly.

......

What Li Feng didn’t know was that after Duer hung up Valentine’s call, he immediately contacted the two founders of Netscape and Morgan Stanley. All parties agreed to join Netscape in the future. What Valentin said is the payer-investor contact.

At this time, Du Erke still didn't know that the investor was Li Feng, the "holy son" of his own population.

Yes, the title of Li Feng's son has been spread among Yahoo and a group of investors, and has even been recognized by everyone.

After all, he was only 15 years old, born as an orphan, put out all his capital and courage to invest in Yahoo, so that everyone felt "the waves behind the Yangtze River pushed the waves forward".