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墨書 Inktalez
Bill Green was somewhat dumbfounded; it was easy for someone like his boss, Tony Jiang, who achieved great success through a single all-in move, to get lost in that feeling.
He had a deep understanding of Jiang Yizhou's past experiences and found that he had a firm recognition of his own products and career, not confidence but a steadfast understanding.
The way he spun off elink revealed his thoughts, which was also why many venture capitalists were willing to sell their shares to America Online; they saw Jiang Yizhou's willingness to let go.
"Bill, there's no need to be so nervous. The company still has over a hundred million in its accounts, right? Currently, Ailumese doesn't have the capability for PE investment or to take on IP. I am very clear about my own understanding; right now, we can only do Venture Investment. I believe that within two years, with your personality, there's absolutely no need to worry about lacking funds!"
What Jiang Yizhou referred to was naturally the current state of Ailumese; it was just one of many Venture Capital Firms in Silicon Valley. He and Bill Green were still gradually building the company's structure, and its reputation was quite poor, only able to choose some startup projects for investment.
Moreover, Bill Green was known for his caution; there was nothing for Jiang Yizhou to worry about. He simply wouldn't be influenced by the current habit of companies in Silicon Valley spending money recklessly.
Bill Green was merely concerned about risks. For instance, BSS heavily invested in Yahoo stocks, even becoming a shareholder and entering the board of directors, which tied them closely with Yahoo. If Yahoo's stock price fell, that was a risk he couldn't afford.
It wasn't that he was worried about funding issues; those could be resolved through equity pledges or issuing bonds.
"Since BSS has already made a decision, may I ask why you chose this path?"
Why? Because Yahoo's stock would rise fiftyfold in the future and become a company with a market value of hundreds of billions of dollars? Jiang Yizhou naturally wouldn't say that out loud.
"It's simple: because of Yahoo's reputation. To many people, Yahoo is synonymous with the Internet. Its model of free content and paid advertising has immense popularity and user volume. If any content starts charging or becomes overvalued, I would not hesitate to sell my Yahoo stocks. But right now, with the growth of the Internet, Yahoo will soar!"
Bill Green nodded reluctantly in agreement; these words were already common wisdom from portal websites, painting a big picture for the public.
Anyone could come up with a bunch of grand theories to hype up a product with no profit prospects or devalue a product based on some so-called experience.
In this era of bubbles, or during a time when the Internet was still immature, it was truly foolish to believe something so simple could be true.
The biggest example of this is Netscape. Many people today believe that Netscape's browser could threaten Microsoft's operating system dominance.
During the World Wide Web era, Netscape painted a grand picture for itself, claiming that all operations could be accomplished through a browser, and that there was no need for an operating system or various software on a computer. As long as there was an online browser, other software could be abandoned.
This absurd history left Jiang Yizhou astonished when he first learned about it. However, the key point is that not only many investors and shareholders believed in the future depicted by Netscape, but even Microsoft believed it, and even Netscape itself believed it.
Thus, Microsoft clashed with Netscape, resulting in Netscape's decline and Microsoft's lawsuit against Netscape leading to the bursting of the Internet Bubble.
The executives and investors at Yahoo's headquarters in Sunnyvale were not very welcoming towards this unexpected guest. After all, it was unsettling for someone to suddenly emerge and acquire 15% of the company's shares.
However, Moritz from Sequoia Capital reassured the two founders not to worry.
Sequoia still held a percentage of Ailumese's shares, and Moritz easily contacted this newly minted billionaire from China who had just sold his startup. From him, he learned that there was no intention of acquisition. Jiang Yizhou's optimism about Yahoo far exceeded Moritz's expectations; it was simply that the percentage of shares being acquired was too large.
Naturally, Jiang Yizhou's words could not be fully trusted, but such matters were unlikely to deceive him. After careful investigation, he found that there were no other people behind Jiang Yizhou; it was merely his personal decision.
"Mr. Moritz, it's great to see you! I didn't expect you to be here too!" Jiang Yizhou walked into Yahoo's headquarters. He had long wanted to meet this well-known investor from Ailumese Technology (distinct from Ailumies Venture Capital). Previously, when he received Moritz's call, he had been straightforward about his acquisition intentions.
"Tony, welcome to Yahoo. Let me introduce you to Yang Zhiyuan and Ferro, the two founders of Yahoo. This is Tim Koogle, currently the e..."
With Moritz's introduction, Jiang Yizhou quickly got acquainted with several board members. Except for Masayoshi Son from SoftBank who was absent and sent a representative, everyone else was present.
When the meeting began, Jiang Yizhou took a seat next to Moritz.
After successfully adding Jiang Yizhou as a board member, Jiang Yizhou, as he had with Moritz, did not interfere with the company's daily management, treating it like a normal financial investment.
"Mr. Jiang, do you have any thoughts?" Tim Koogle asked the new board member, who had hardly spoken a few words.
Jiang Yizhou smiled and said, "I am quite optimistic about Yahoo's future. If I have any suggestions, I will bring them up proactively. However, I feel that Yahoo is currently aligned with my thoughts and doesn't need any changes!"
Hearing Jiang Yizhou's words in person, everyone felt much more relaxed, though they still found it somewhat unrealistic.
"If suggestions are needed, I hope Yahoo can support my fail mailbox. I heard that Yahoo is planning to offer a free email mailbox service..."
Jiang Yizhou's change in tone made Tim Koogle both relieved and concerned; this was more in line with normal behavior. The board then began discussing fail.
The focus was on whether to acquire fail or to have fail provide email services. Currently, Yahoo had not exited its own free email mailbox service. If they could acquire a mature mailbox service with millions of users, it would indeed be a good thing.
Due to its bundling with qi and its own excellence, fail had accumulated 4 million users even after qi was acquired, making it the second most popular free email mailbox service after hail.
However, Jiang Yizhou did not intend to give up fail; he only hoped to provide Yahoo with mailbox services under the guise of collaboration.
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