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墨書 Inktalez
Rebirth of a Turbulent Life
Missing out on Amazon made Jiang Yizhou feel somewhat regretful; in the end, he could only take over some bond rights to establish some connections.
Naturally, Jiang Yizhou, who had some understanding of Amazon's historical development, would not easily trust Hastings.
He quietly waited as Reed introduced his plans, which Jiang Yizhou found as uninspiring as those future projects.
"Okay, I can invest five hundred thousand dollars for 10% equity." Upon hearing the name of the company Hastings had just founded, Jiang Yizhou, adhering to the idea that something is better than nothing, casually agreed to make an investment.
It turned out that Netflix in later years actually started out like this. Jiang Yizhou couldn't help but feel that it was quite difficult; it simply couldn't compare to the momentum of Netflix, which would later spend money lavishly on film production worldwide.
In the original history, by 2007, it was merely an inconspicuous DVD rental service. That year, Netflix began a new journey, stepping into streaming media and original series production, which truly allowed it to shine.
"What?" Hastings found it somewhat unbelievable. Initially seeing Jiang Yizhou's increasingly calm face, he thought there was no hope at all. However, the situation took a turn when Jiang Yizhou suddenly threw out five hundred thousand dollars. It should be noted that he and his partners had only invested two million dollars.
Perhaps this five hundred thousand dollars was just a minor expense in his eyes!
Thinking about how Jiang Yizhou had made five hundred million dollars from selling Qi and his subsequent series of operations that led him into the billionaire ranks made Hastings feel somewhat relieved.
"Do you want more?" Jiang Yizhou retorted. "Reed, the value I see in Netflix right now isn't enough for me to offer more. Here’s my business card; think it over and contact me later!"
"Ah, Tony, forgive me; I'm just a bit surprised," Hastings happily explained. "I didn't expect you to appreciate my project! Five hundred thousand? Great! I welcome your investment!"
I hope you can at least double my five hundred thousand dollars!
Jiang Yizhou thought rather pessimistically; this amount of money was essentially a sentimental investment for him. He didn't expect much return from Netflix, which had missed out on this round of the Internet boom; he was merely investing in Hastings ten years down the line.
Netflix could be quite tragic. During this Internet bubble, although Netflix's profit model wasn't particularly satisfying, even companies like eBay that burned through billions of dollars collapsed spectacularly. Naturally, Netflix qualified for an IPO.
However, due to the burst of the Internet Bubble, although Netflix had already achieved profitability, it ultimately could not withstand the pressure and abandoned its IPO plan in 2001, resulting in layoffs. It was only a year later, when the market warmed up, that it successfully went public.
Having become accustomed to investment returns in the hundreds or thousands of times from companies like Yahoo and America Online, Jiang Yizhou naturally had higher expectations. He wasn't particularly interested in Netflix as a long-term blue-chip stock; he preferred to look for bargains during the bubble's collapse.
After meeting Bill Campbell and Hastings, Jiang Yizhou was quite satisfied with this gathering. He thought he should engage more with them, as there might be many entrepreneurial projects he was unaware of but seemed to recognize from memory waiting for him to discover.
“Bss, are you really going to invest in this Netflix company? I’m not too optimistic about it. After all, they’ve merely moved their store online without much innovation, and they don’t have the profitability of an online store like Amazon!” Bill Green advised.
However, such advice usually had little effect. Jiang Yizhou was using his own money, and in those few instances where Bill Green had advised against him, it seemed that Jiang Yizhou had always come out on top.
“Oh, this is my money; there’s no need to use funds from the fund, okay? You can write it down in the memo and notify your clients!” Jiang Yizhou consistently responded with this line.
In the end, the result concluded under Bill Green's complaints and compromises.
……
“Oh, dear Jerry, I didn’t expect you to come see me personally; I’m really glad!” Jiang Yizhou was welcomed by Yang Zhiyuan at Yahoo's headquarters while attending a board meeting and discussing related matters.
“This is a big deal; how could I miss it! Tony, is that you?” Yang Zhiyuan understood the importance of this transaction. If they could successfully absorb the six hundred thousand failed users, it would be a significant boost for Yahoo and fill a gap for them.
“Of course! For you, for me, for Yahoo, it's all a big deal! Hahaha!” Jiang Yizhou put his arm around Yang Zhiyuan's shoulder as they walked into Yahoo's headquarters together.
“Hi, Mr. Moritz, you’re here too!” After taking his seat and looking around, he recognized only four people: current Yahoo CEO Tim Koogle, Son Masayoshi from SoftBank, Yang Zhiyuan, and Moritz from Sequoia Capital.
Since this board meeting involved a large acquisition, all the heavyweight figures were present.
Moritz was sitting next to him, so Jiang Yizhou politely greeted him.
“You're impressive; I didn’t expect you to be so optimistic about Yahoo that you’d even be willing to invest in a failure!”
Moritz was also curious why Jiang Yizhou wasn't seriously developing this free Mailbox, which was second only to the Creator. If he transformed it into a Portal website and built a billion-dollar public company around these two, it wouldn't be too difficult.
Jiang Yizhou pressed his lips together; the truth was that he was somewhat lazy and intended to focus primarily on the domestic market and surrounding areas to establish a solid foundation.
In the United States, the plan was to take advantage of the Internet Bubble to make a fortune, establishing good relationships with major companies and investment banks to acquire shares in desirable companies, while also planning to buy in at the bottom when the bubble burst.
Such statements should not be made lightly.
"I'm just not interested in following trends. Do you think transforming into a Portal could surpass Yahoo? Continuing to develop fail over hail is also quite difficult. I'm not interested in continuing; products like blogger and Google suit my preferences!"
Jiang Yizhou shrugged, unabashedly boasting about himself, crafting an image of being dedicated to innovation and striving to be number one.
"If I don't have any ideas that amaze me, I don't want to take charge personally anymore; it's better to be an investor!"
After he finished speaking, he looked at Moritz with some trepidation, not expecting the latter to actually nod in agreement.
Because Jiang Yizhou's achievements and track record were indeed as such; from qi to fail, then to blogger and Google, all were leading innovative products rather than following trends, which was hard to refute.
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