"I like your research results very much. Let's start a company together. I will give you 10% of the shares."

originally--

For Xu Cun, a super famous, no, it should be said super rich person, who suddenly appeared and was optimistic about the Internet navigation service they created, Yang Zhiyuan and David Filo were very excited-they thought they might be very lucky to pull It's their first VC!

But Xu Cun only gave them 20% of the shares. What is that, the two of them are working for Xu Cun?

Besides, there is no way for Limelight to invest like this. The first round of investment will take 90% of the shares. After the company really develops in the future, their remaining shares may not even be 3%. Individuals add up to less than 3%!

Now Yang Zhiyuan and David Filo are just two computer students, how can they hide their true thoughts well?

And Xu Cun is an old fritter with 60 to 70 years of rich experience, how could he not see the true thoughts of Yang Zhiyuan and David Ferro?

Xu Cun said with a smile: "Why, do you think I gave you less shares?"

Both Yang Zhiyuan and David Ferro remained silent, acquiescing to Xu Cun's guess.

Xu Cun didn't care about this, and said again: "You think I'll give you less shares, it's because you don't know how much I will invest for you, I believe, as long as you know how much I will invest for you , you will definitely not think that I have given you less shares."

Yang Zhiyuan couldn't help but ask, "Mr. Xu, how much money are you going to invest in us?"

Hearing this, Xu Cun stretched out a finger and said, "You can guess."

Seeing that Xu Cun stretched out a finger——

David Ferro guessed: "One million?"——For Xu Cun, one million dollars is nothing, and the pocket money he gave to one of his women for a year is far more than this, but for Xu Cun For the vast majority of people, in 1994, one million dollars was definitely a huge amount of money. Most companies in Silicon Valley could not raise this much money in their first round of financing, unless it was a company with a particularly promising future. , and this company also has promising products that can be sold.

Yang Zhiyuan hesitated for a moment, and then guessed: "It should be 10 million?" - Yang Zhiyuan guessed based on Xu Cun's fame and wealth and Xu Cun only gave them 10% of the equity. In addition, if Xu Cun is willing to pay 10 million US dollars, it means that Xu Cun is very sincere, and he and David Ferro can also consider accepting the venture capital that Xu Cun gave them.

After David Ferro and Yang Zhiyuan had finished guessing, Xu Cun said, "One hundred million."

Xu Cun just opened his mouth and invested 100 million, not only because Xu Cun was bound to win Yahoo, but also because Yahoo was a money-burning gossip furnace at the beginning of its establishment-whether it was a portal website, a search engine, or even a small one. Mailboxes are extremely expensive in the initial stage, especially if they want to quickly seize the market. In the last life, Yahoo went public two years later, and the total stock price on the first day of listing reached 500 million U.S. dollars, while Yahoo! The five-year turnover was only US$1.3 million, and by the end of 1996, it had only earned a mere US$90,000. During this period, the venture capital had burned an incalculable amount of money.

"One hundred million!"

The pupils of Yang Zhiyuan and David Filo shrank suddenly!

Soon, the smart brains of Yang Zhiyuan and David Filo began to spin rapidly, "Ten percent of 100 million is 10 million, half of 10 million is 5 million, my God, I am a millionaire Yes, and five millionaires!"

After a while, David Ferro asked cautiously: "Mr. Xu, are you talking about US dollars?"

No wonder David Ferro asked this question. Xu Cun is from Xiangjiang, so he is naturally used to measure in Hong Kong dollars. If Hong Kong dollars are used instead of U.S. dollars, there is a big gap of more than 80 million U.S. dollars. In addition, if Xu Cun said If it is Hong Kong dollars, they can accept it, but if Xu Cun said it is Japanese yen, then they will be happy for nothing!

Under the nervous gaze of David Filo, including Yang Zhiyuan, Xu Cun smiled and said, "Of course, this is the United States. How can I say other currencies?"

After being confirmed by Xu Cun, David Ferro directly clenched his fists and swung violently, then said excitedly: "Oh, yeah!"

Yang Zhiyuan was no better than David Ferro, and he was also clenching his fists with excitement!

After Yang Zhiyuan and David Ferro finished digesting what Xu Cun said, Xu Cun said again: "Then I should be fine about starting a company with the two of you, right?"

How could it be possible to spend 100 million U.S. dollars at one time and spend two computer students who just walked out of school? What's more, Xu Cun put forward a lot of revolutionary suggestions to Yang Zhiyuan and David Ferro, which made the Yang Zhiyuan and David Ferro regarded Xu Cun as a heavenly man!

In fact—

On the construction of Yahoo, Xu Cun did spend a lot of thought—for half a month, Xu Cun went to Silicon Valley every day. Heart.

In contrast, Xu Cun really didn't spend much thought on Netscape - except for meeting Mark Anderson and Jim Clark on the first day, Xu Cun only met them once when signing the contract, and the appointment was still Signed at Neverland.

In addition to Yahoo and Netscape, Xu Cun actually acquired another company during this period, a game company—Blizzard.

Three years ago, three American UCLA graduates, Mike Morwaime, Alan Adhan, and Frank Pierce, met because of a coincidental computer password JOE (stranger).

After graduation, the three co-founded Silicon and Synapse.

In 1991, when the company was first established, the Silicon and Synapse company at that time developed a game called "RPM Racing" for Super Nintendo with a development fund of 40,000 U.S. dollars and four months.

A year after the launch of "RPM Racing", Silicon and Synapse launched the first major production released on the Super Nintendo platform-"The Lost Vikings".

This year, "Superman: Dead End", which landed on the SFC platform, is the first game released under the name of Blizzard.

The current Blizzard is not the game company that has developed Warcraft, StarCraft, Diablo series, Overwatch, Hearthstone, World of Warcraft and other games, but just a small company with a few small games .

Therefore, Xu Cun only spent 2.8 million US dollars to acquire 49% of Blizzard's shares.

At the beginning of February, after dealing with Yahoo, Netscape, and Blizzard, Xu Cuncai returned to Xiangjiang with his daughters to prepare for the New Year.

...

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