Zhang Chaoyang himself had US$55,000, and a total of US$225,000 in entrepreneurial capital. He hired 12 people at Jincheng Wanquan Manor, and decided to build a website first, develop a search engine, and buy a computer. He spent 20,000 yuan to "save" I bought a server. Although I was frugal, I still underestimated the speed at which the website would burn money. At the end of last year, I had very little entrepreneurial capital left in my account. At the beginning of this year, I successfully developed a search engine.
Yang Zhiyuan's Yahoo became popular in the United States. Zhang Chaoyang borrowed Yahoo's classification and navigation model, and Atesin's name changed from "Sohu" to "Sohu".
Aitexin Electronic Technology Company was changed to Sohu Electronic Technology Company, and Aitexin website was changed to Sohu website, looking for venture capital funds. Although Zhang Chaoyang also thought of the hidden world's richest man Sun Jian, his subsidiary HTIC Investment Consulting (Beijing) Company was also a Venture capital company, but thinking that Sohu and PN were in a competitive relationship, and thinking that the other party would not invest in Sohu Electronic Technology Company, they did not seek out Sun Jian. They searched around the country and abroad, but could not find satisfactory venture capital funds, and they were just discouraged. When I felt cold, I suddenly saw an advertisement for Alibaba Company, and my eyes lit up.
Zhang Chaoyang flew to the United States again and discussed with his investment partners Professor Negroponte and Professor Edward Robert. Sohu Electronic Technology Company provided 30% of its equity to Taobao Holdings Company for Series B financing of US$2 million, and everyone hit it off.
"Mr. Zhang, I went to Sohu. The search engine is doing well, but there is still too little content on the website."
[In view of the general environment,
The four major websites of Sohu, Sina, NetEase, and Tencent in the previous life have almost occupied the entire portal website market in China.
In its previous life, Sohu was not only China's largest portal, but also the preferred portal for Chinese netizens to surf the Internet, including the portal Sohu, the largest Chinese youth community, China's largest online game information and community website, and the most influential real estate website in Beijing. , the country's leading mobile portal, the search engine Sogou with the most advanced technology, and the country's leading map service website Tuxingtianxia's seven major websites.
PN was born out of nowhere, occupying the first-mover advantage. Now it has a monopoly position in the domestic website. It has made profits last year. There are many talents, there are reborn people to guide the direction, and there is a steady stream of investment. Even if Zhang Chaoyang has three heads and six arms, he cannot surpass PN.
"Mr. Sun, after raising funds, the company will immediately add editors and reporters and increase content."
Zhang Chaoyang's face suddenly heated up. How could the shrewd Sun Jian not know that the former Aitexin and today's Sohu often pirated PN content? Make good-faith criticism, if this kind of thing happened in the United States, the company would have been fined and collapsed.
"I am optimistic about Mr. Zhang. I believe that Sohu, under the leadership of Mr. Zhang, will definitely occupy a certain market share in the domestic Internet market and be listed on Nasdaq as soon as possible. Taobao Holdings agrees to the other party's Series B financing plan."
Chen Changmin sent someone to review Sohu's financing plan. Sun Jian looked through it and found no problems.
Sun Jian was the leader of two units in his previous life, and was proficient in accounting and legal provisions. After his rebirth, he realized that he was not an ordinary person in this life, and systematically studied management, law, finance, accounting and trade at the Chinese Medical University Library. Professional books. After three years, he wrote 9 reading notes and experiences. Liu Yue read them three times in a row and was enlightened. He strongly recommended Sun Jian to write a practical management monograph based on the contents of the notes and publish it. For company management to learn from.
"The Road to Excellence" with more than 380,000 words was published, making Sun Jian the title of world management master.
"Thank you, Mr. Sun!"
Zhang Chaoyang did not expect that Sun Jian agreed to the financing without making other requests, and he was optimistic about himself, and he was deeply moved.
The low-key Sun Jian, the world's richest man, has no airs and is very easy to deal with.
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"Mr. Ding, how many employees does NetEase have now?"
On March 5, at the opening ceremony of People D, Sun Jian met with NetEase CEO Ding Lei and CTO Zhou Zuolin at the Zhongguancun headquarters of Taobao Electric Group at 2 p.m.
Sun Jian did not know Zhou Zuolin in his previous life.
NetEase has a registered capital of 500,000 yuan. Ding Lei holds 70% of the company's shares, and Zhou Zhuolin holds 30% of the shares with technology.
Ding Lei used 30% of NetEase's equity to raise US$1 million.
In the previous life, NetEase was one of the four major portals in China, and NetEase was also the most profitable Internet company, with online games contributing 70% of profits.
"Mr. Sun, we now have 35 employees and have successfully developed a free email system and NetEase search engine. As long as we can get US$1 million in funding, we can recruit employees with great fanfare and increase the content of the NetEase website."
Ding Lei and Zhou Zhuolin sat opposite Sun Jian, feeling an invisible pressure rushing towards them, like a teacher who made a mistake facing the head teacher. If they hadn't seen Alibaba, Tencent and Sohu published on PN Ding Lei really didn't dare to face Sun Jian directly after successfully financing the advertisement. Would Sun Jian invest funds in his competitors? Are you talking like a lion?
On May 27, 1994, Ding Lei also connected to .pn. through his home computer for the first time. He couldn't wait to browse PN's online column. His heart was surging. Regardless of his parents' objections, he resigned from the telecommunications bureau and went to Yangcheng to join the new network. The established global database software provider Sybase Yangcheng Company chose to leave after working for one year.
Working as a technical assistant to the general manager of Feijie Company, one of the Yangcheng Internet ISP companies, in his spare time, Ding Lei created the Firebird BBS and met netizens such as Zhou Zuolin, Chen Leihua, Yang Hai, and Huang Zimin on the BBS.
In January 1997, the ISP company where Ding Lei worked was struggling due to fierce competition and expensive telecommunications charges, so he had to leave again.
In January, Ding Lei decided to start his own business and opened a company in partnership with Zhou Zhuolin.
It was the idea of two people to start a company. They discussed the idea of starting a company in a one-bedroom apartment on Taojin Road where Ding Lei lived at the time. The name "NetEase" was also a joint work of the two people. At that time, Ding Lei said that if the new company wanted to do the Internet, it must There is the word "net", and Zhou Zhuolin decided that if the new company wants to make it easier for netizens to access the Internet, it must have the word "easy", so together they are called "NetEase".
Ding Lei started his company with 500,000 yuan, part of which he saved by writing programs, and part of which he borrowed from friends.
The company has hired 7 employees.
On January 4, NetEase BBS was officially launched.
In January 1998, the NetEase portal website was officially launched, but there was not much money left in the account and had to beg for alms everywhere.
"It's difficult to make money on NetEase's website and free email system in a short period of time. What business does Mr. Ding plan to rely on to make the company profitable as soon as possible?"
The 163 free email system registered by NetEase in his previous life was registered first by Liu Zhenhua.
