Reborn since 1993

Chapter 170 Where there are people, there are rivers and lakes

After coming to America to study and work for several years, Li Yanhong suddenly met Lu Wenhua, who came from the mainland, and Li Yanhong couldn't help but feel a little enthusiastic.

Today's Li Yanhong is not yet Baidu's boss, one of the three BAT giants in the Internet era. When he first came to America, Li Yanhong shared a house with a couple from mainland China and a Jiaozhi international student.

From the kitchen to the bathroom to other room equipment, they are all used in turn. You also have to buy groceries, cook, and pay rent. The phone bills have to be checked and calculated for each payment. When he first came to study in America, Boss Li and Like other international students, life is also difficult.

However, no matter how much Baidu was scolded in his previous life, Boss Li's skills are indeed not in vain. When he was at the University at Buffalo, he got a job at Dow Jones, the parent company of the Wall Street Journal. In America, it is usually a Ph.D. Only after graduation can you have such an opportunity. You can imagine how skilled Boss Li is.

Now Boss Li has been poached by SouXin Company’s chief technology officer, William Zhang, who is also of Chinese descent, to develop SouXin’s search technology!
In a foreign country, Lu Wenhua chatted with Li Yanhong for a few words. When he heard that Lu Wenhua was the investment manager of the Zhixing Foundation, and that the Zhixing Foundation was established by Li Dongling, Li Yanhong's reaction was much greater than that of Yang Zhiyuan.

"Are you here to invest in the information search company on behalf of Boss Li of Dongling Hi-Tech?!" Li Yanhong's voice couldn't help but raise a few points.

Yang Zhiyuan of Yahoo does not pay much attention to the mainland, but Li Yanhong is different. He is in America, but he is very concerned about the mainland. As a technology company that has rapidly emerged in the country, Dongling Hi-Tech, especially electronic pet machines, Shenzhou phones, etc. , is a big hit overseas, how could Li Yanhong not pay attention to it.

What Li Yanhong didn't expect was that Li Dongling actually started investing in the Internet industry. This is a fashionable industry in America, and it is a new thing in China, and few people pay attention to it.

"We have invested in Yahoo, and maybe it won't be long before we hear news!"

Although there are many gold-plated bastards among overseas students these days, there are actually quite a few who are really capable. Li Yanhong is one of them. His search technology, theory, and hyperlink technology are among the best in the search industry. The most advanced existence.

Upon hearing that Lu Wenhua was coming to invest in Soxin Company, Soxin founder Steve Kihir, Souxin chief technology officer William Zhang, who was also Li Yanhong Bole's, and other senior executives came out to welcome him.

But when you go out, you have to give your identity to yourself. Zhixing Foundation has no reputation at all, especially overseas. The names of Dongling Hi-Tech Laike and Li Dongling are much easier to use.

Li Yanhong replaced Lu Wenhua and introduced the background of the Zhixing Foundation to the executives of Soxin Company. The eyes of Souxin President Steve Kihir and other senior executives lit up as they felt like they had met a big financial backer.

Anyway, in this year, there is a great opportunity for an existence that can compete with Google to dominate the global Chinese search engines, and then enter Baidu, which is a search engine for other languages. In the end, it is addicted to advertising some irregular hospitals, desperate for traffic, and was dumped by Google. The headlights are no longer visible.

Lu Wenhua said to Li Yanhong that in addition to investing in companies such as Yahoo, he came to America this time with the intention of recruiting talents for Tanglin Hi-Tech.

"Zhixing Foundation and Shenzhou Telephone are the founders of the same parent company, Dongling Hi-Tech. Donglin Hi-Tech is now a mainland technology giant and even one of the best technology companies in Asia!

Its founder, Mr. Li Dongling, sued Microsoft in New York last year and asked Microsoft to compensate US$18 million. The popular electronic pet machine in America was also developed by Dongling Hi-Tech, as well as the Shenzhou phone..."

In the past life, it was not a fluke that Baidu was able to defeat Google in the country. In the early days, Baidu was indeed the best Chinese search engine, something that even Google could not match. Google has never suppressed Baidu in the domestic search industry. As for Baidu in its later years... Not to mention it, it's just like some people who live only the first thirty years, they are heroes, but if they live thirty more years, they become old thieves.

Although Zhixing Foundation and Donglin Hi-tech do have the same founder and they have cooperation, they are actually two distinct companies.

Seeing Steve Kihir and others, they seemed to have misunderstood the Zhixing Foundation, thinking that Tanglin Hi-tech was going to invest in the information search company. Lu Wenhua just laughed and said nothing. Anyway, it was their own imagination, not him. Said it personally.

"The Zhixing Foundation is willing to give Souxin the same treatment as Yahoo for US$25. The Zhixing Foundation will invest US$ in Souxin in exchange for % of Souxin's equity!"

After getting familiar with Silicon Valley and the Internet these days, Lu Wenhua gradually became familiar with the Internet's routines. As soon as he got up, he wanted to take away 25% of Souxin's shares. When Steve Kihir heard this, he felt a little sad. It was not that he was reluctant to part with the shares, but that he felt that the money invested was too little.

"Dear Lu, Soxin Company is very grateful for your coming and welcomes the investment from the founder of Donglin Hi-Tech, but three hundred thousand US dollars is really too little!

We are developing a new generation of search engines, including more URLs and web pages, and building larger servers. The money is really not enough! Steve Kihir said to Lu Wenhua.

"This is not the last investment!"

Lu Wenhua said with familiarity, "If the information search company can meet expectations, we will continue to invest!"

Hearing this, Steve Kihir felt a little relieved, thinking that this was just the first investment, and he could get more investments from Tanglin Hi-Tech in the future.

But in fact, Lu Wenhua himself doesn’t know whether he will invest in Soxin again. The available cash in the Zhixing Foundation account has almost bottomed out. He is betting that Souxin will have new venture capital in the second half of this year. The company would like to take over the deal, otherwise, who knows, Lu Wenhua would still be able to come up with US dollars...

After exchanging the agreement with Steve Kircher, Lu Wenhua breathed a sigh of relief. This time, America Zhixing and Li Dongling basically completed the tasks assigned to him. He invested in two Internet companies, Yahoo and Soxin. In fact, Lu Wenhua didn't know whether the money invested would make a big profit or go down the drain.

However, just when Lu Wenhua was meeting up with Wu Xinyi, who had just obtained the authorization for the MPS chip architecture, and was preparing to return to the mainland, a piece of news suddenly came out that shocked the entire Silicon Valley!

America's "Fortune" magazine announced that Yahoo, an emerging Internet company, has completed its first round of investment, raising a total of US$30 million. Among them, Sequoia Investment, one of the Silicon Valley venture capital duo, invested US$10 million in Yahoo. Yahoo has a % stake, and the other company, Zhixing Foundation, has a % stake.

In fact, what Sequoia Investment wanted before was a 40% stake in Yahoo, but the Zhixing Foundation came out and assisted Yahoo. The combination of venture capital and the right to operate Asian brands directly caused the value of Yahoo to soar a lot. , Sequoia Investment had to lower its equity requirements for Yahoo!

In its first round of investment, Yahoo received US$2.3 million in venture capital, and its valuation exceeded US$5.7 million. This was definitely a shock to the nascent Silicon Valley Internet industry, even if it was considered Netscape, now the boss of Silicon Valley, can't help but cast its eyes on Yahoo.

Yahoo is destined to become the focus of Silicon Valley this month. Just after announcing that it had received its first round of venture capital, Yahoo immediately announced that Yahoo would enter the Asian market and develop Yahoo business in Asia. It also revealed that Yahoo had obtained its first round of venture capital investment. A profit of one million US dollars in licensing fees from Yahoo Asia brand operators every year in the future!

One million U.S. dollars, for a large company, may only be a few hours of profit, but for the Internet industry, it is definitely a groundbreaking event to start earning U.S. dollars. You must know that in the previous life, Yahoo only started to earn U.S. dollars a few years after its listing. It started to stop losing money, and the first profit, which was only one million US dollars, was almost blown to the sky by various media at that time. The news that Yahoo started to make money was a big deal at the time.

In the previous life, when the Internet was at its hottest, Yahoo started to make a profit, which caused an uproar. Not to mention now, almost as soon as Yahoo announced that it started to make profits, the media in Silicon Valley and the technology industry began to cover it with overwhelming reports. , Yahoo's popularity and popularity skyrocketed, attracting a lot of attention, and the popularity of the Internet in America also increased.

As one of the venture capital companies that invested in Yahoo, Zhixing Foundation has gained some fame in the American Internet industry for a while!

……

While there was an uproar in America, Guo Jingyun, the general manager of Donglin High-tech Internet Division and the general manager of Tianya.com, took a person and ran to Yuhe Leisure Resort in Pingyang.

However, when he arrived at the entrance of Yuhe Leisure Resort, the man pulled over by Guo Jingyun was a little hesitant, not knowing whether to go in or not.

When Guo Jingyun saw this, he became a little anxious, "Old Zhou, we have already agreed. I have already issued a military order in front of Mr. Li. The person in charge of the input method project of Tianya.com is one of the five outstanding programmers in China. You, what do you mean by not going in now?!"

(End of this chapter)