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墨書 Inktalez
"There’s nothing to mention; I just choose the right people to invest in, and Tony, your achievements are what make me feel embarrassed!" Son Masayoshi responded.
Complimentary exchanges in business are quite common, Jiang Yizhou thought to himself as he looked at the two in front of him and started a conversation.
"I heard Tony that you invested in a search engine company. If it weren't for just completing this round of financing, I would have wanted to participate!" Son Masayoshi casually remarked, which made Jiang Yizhou take it a bit more seriously.
This was because Son Masayoshi was known for his actions, and his investments were quite substantial. With Yahoo as a precedent, if he became interested in Google, things could get complicated.
"It's just a company focused on professional search technology; we haven't even secured a contract for search services with a major company yet. I'm still a bit troubled by that!" Jiang Yizhou downplayed the situation.
With reminders from Moritz and John Doe, Jiang Yizhou realized that revealing the profit model so early, while the company was far from mature enough to implement it, was quite risky.
Fortunately, only Google and a few core personnel, along with their investors, were aware of this. After signing a sufficiently costly confidentiality agreement, Jiang Yizhou felt reassured.
As for Son Masayoshi, who seemed to covet Google, Jiang Yizhou naturally could no longer speak as freely as before.
The main profit model for search engines now is to secure various contracts for search services from internet companies, providing search services in exchange for compensation, or transforming websites into Portal sites based on the massive traffic of the search engine to achieve profitability following the Yahoo model.
This is the current state of the Internet ecosystem, all leaning towards Portal.
Not having secured any search service contracts meant that this startup company, which according to Jiang Yizhou was dedicated to search technology, had no revenue and was currently operating at a pure loss.
What he meant was, don’t get your hopes up; there’s hardly any room for survival in the search engine industry, and this company doesn’t even have revenue, let alone profit. You shouldn’t get involved.
Jiang Yizhou estimated that with fifteen million Dollars, if they provided some bond support for Google, it would likely sustain them until they captured a sufficiently large share of the search market and then logically launch right-side keyword advertising and display advertising alliance businesses.
Son Masayoshi smiled slightly, "What I understand is quite different from what you do, Tony. As for profitability, Yahoo only became profitable a year after going public. I would very much like to participate in investing in Google!"
……
The meeting ended on an awkward note, leaving Jiang Yizhou feeling somewhat flustered. Was this the change he brought about? He had hastened the birth of Google, but because of his support and investment, he had attracted many unexpected eyes.
Due to business needs, Ailumeisi Capital Company has already relocated to Dune Road, where one-third of American venture capital is concentrated. It is the most suitable area for a Venture Capital Firm, with developed transportation, complete facilities, high-end residential apartments, entertainment facilities, and educational and medical institutions.
Jiang Yizhou also conveniently purchased a residence nearby and has a lounge at Alumetis Capital's location.
Returning to Alumetis Capital on Dune Road, Jiang Yizhou handed over the negotiations that had already been roughly determined to Bill Green, instructing him on the non-compete matters concerning Zhang Xiaolong. With so many concessions made, it is highly likely that Yahoo will not require Zhang Xiaolong to sign this non-compete agreement; at most, there will be some restrictions.
Back in the lounge, due to legal reasons, there were no alcoholic beverages available, which made Jiang Yizhou increasingly frustrated.
Has he now made an impact on the world? Although he hasn't changed its course, he has expedited many matters.
"Bss, what's wrong with you again? Feeling down today?" Shen Qing asked teasingly. Having witnessed her senior's "tragic" experiences and considering her own sexual orientation, she admired this remarkably young boss but also kept her distance.
It is precisely this respectful distance that allows her to joke around a bit after getting familiar with Jiang Yizhou's personality.
However, Jiang Yizhou also has many subtle but sensitive areas—referred to as G points. Aside from that, as long as one doesn't make major mistakes in front of him, minor issues can be forgiven.
Jiang Yizhou waved his hand; his frustration was evident on his face. Due to the mismatch between so-called "foresight" and reality, there are several inexplicable disappointments every month.
"Why do you care so much? Just clarify the situation of the companies under me! Get it sorted out!"
"Okay, bss!"
Jiang Yizhou dislikes complicated industries, so he often needs to understand the status of his assets. Generally, he receives a report every half month, and Shen Qing has such a report in her briefcase.
Listening to Shen Qing clarify the situation of the companies under him, Jiang Yizhou gradually gained some understanding. The most important aspects were Zhengyi Technology and Alumetis Capital.
Zhengyi Technology launched products like QQ, Qihang Network, Qihang Game Platform, and Chat Room, each of which holds a top position domestically and has performed well in Hong Kong, Taiwan, South Korea, Japan, and other regions.
This is indeed reassuring; Jiang Yizhou admired Ma Huateng's capabilities—truly a talented secretary.
Historically, the evaluation of Ma Huateng has always suggested that, compared to being a general manager, his temperament resembles that of a secretary.
Alumetis Capital originally sold its assets to obtain funds, bringing back fifty million dollars to the country. A portion was injected into Zhengyi Technology, another portion into Panda Venture Capital, and the remaining nearly five hundred million dollars was used to hold shares in companies such as America Online, Yahoo, and Amazon. The two hundred million dollar fund raised was also operated proportionally.
Currently, the shares held in Yahoo are approximately 15% jointly owned by private capital and the fund. The upcoming targeted issuance will increase the shareholding ratio to about 18%, which is somewhat risky and not favorable for future withdrawal.
Therefore, there will be a gradual reduction in holdings before the millennium. Now that Yahoo's stock has long surpassed the lock-up period, if one were to withdraw, the estimated profit would far exceed the originally anticipated fifty times or even a hundred times; achieving twenty times return would be considered perfect.
Escaping from the peak has never been easy, and Jiang Yizhou is aware of this.
Jiang Yizhou feels quite timid; he never considers himself a business person. At most, he is just hardworking, like a diligent worker bee.
Returning to the past brings an instinctive fear—not only a sense of inferiority regarding his abilities but also an avoidance of politics. It is best to avoid these matters as much as possible; he has no ambitions or dreams to fulfill. Resist the Asian Subdivision Act? Or lead a company like Steve Jobs, admired by all?
Forget it!
Seeing the somewhat fatigued Jiang Yizhou gradually fall asleep, Shen Qing quietly closed the documents and left the lounge.
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