Rebirth 76: Industrial Internet Empire

Yang Zhiyuan quickly exchanged glances with his companions, and when he was about to reveal the financing plan he had been planning for a long time, Yang Mo waved his hand and interrupted: "Don't tell me anything about 30% of the equity. So it was rejected by Mr. Andy because there was nothing outstanding. Such business plans are everywhere in Silicon Valley. It is easy to come up with some empty ideas, but how to implement them is the key. These ideas require a lot of investment to realize, and in a short time It’s hard to find a profit point within a certain period of time!”

Yang Zhiyuan discussed with his companions in a low voice: "David, why don't you come and add 5% of the equity?"

David Ferro raised his head and looked at Yang Mo, and said with a little confidence: "We want to raise US$35 million with 200% of the equity!"

Yang Mo shook his head and sighed: "In your business plan, whether it is a free email address or the establishment and promotion of a portal, a large amount of funds are required. If you throw 200 million US dollars into it, you won't even see a splash. If you want to get the capital market Recognition requires continuous money burning. With your connections in Silicon Valley and Wall Street, it will be difficult for you to get the favor of capital companies and successfully carry out rounds A and B. The US$200 million will only allow you to hold on for one or two more dollars at most. Months…”

Yang Mo's pua completely extinguished the two young people's entrepreneurial dreams, and the eyes that had just rekindled hope dimmed again.

Yang Zhiyuan blushed and asked: "What do you mean?"

After Yang Mo pondered for a moment, he said as if he had made a lot of determination: "Your project is not without merit. Some of your ideas are quite creative. Andy Ventures can accept your financing request, but I have a condition!"

"What conditions?" David Ferro asked first.

"In view of the huge amount of funds required during the advancement of this project, we need to introduce two powerful capital companies at the same time to share the risks..." Yang Mo continued.

Jerry Yang and David Filo looked at each other and secretly muttered: If we could find two other strong capital companies to raise funds, we wouldn’t have to lower our financing standards...

Yang Mo looked at the two young people who were silent, sighed and continued: "Oh! Who told us that we are all Chinese! Let's keep 25% of the equity for your entrepreneurial team, and leave the financing to An in the future. Di, with his connections, it shouldn’t be difficult to find two more powerful capital companies..."

Although Jerry Yang and David Filo are both students who have just stepped out of Stanford University, they also know the value of equity in startup companies. After the two looked at each other, Jerry Yang said: "Our financing plan is to first put out 35%. Equity financing, wait until the company has a certain number of loyal users, and then conduct A-round financing..."

Yang Mo looked at Andy, spread his hands helplessly, and handed over the negotiation task to Andy!

Although Andy Bertolsheim couldn't understand why Yang Mo was optimistic about this plan with mediocre creativity, he could only follow Yang Mo's intention. After thinking for a while, he said with a wry smile: "Director Yang , To be honest, I am not very optimistic about this project, but since you are willing to invest in these two young people, I naturally respect your intention..."

After Andy finished speaking, he turned to look at Jerry Yang and David Filo, and continued: "It is not impossible to implement it completely according to your financing plan, but for every round of financing in the future, Andy Venture Capital will automatically Obtaining the right to lead the investment, under the same conditions, Andy Venture Capital will have priority in every financing of Yahoo!..."

Yang Zhiyuan and David Filo almost agreed to Andy's conditions without hesitation. After completing the signing, Andy revealed Yang Mo's true identity. The two young people were even more embarrassed, feeling that they had been lucky. The goddess bumped her waist!

After Jerry Yang and David Filo left, Yang Mo told me: "Andy, you must notify me in time for every round of financing of Yahoo! in the future..."

"Do you think so highly of these two young men? Andy asked puzzledly.

Yang Mo pondered for a moment and then said: "Portals are like the door to the future Internet world. However, we have almost no say in portals such as AOL and Netscape. Andy Ventures needs to increase investment in this area!"

Andy nodded and said no more. In Andy's mind, Yang Mo was more like a strategist. Some of his incredible ideas seemed a little impulsive and even crazy at the time, but a few years later, you Only then did I realize that every investment decision was just right!

"Andy, how is Apple doing now?" Yang Mo asked casually after the two chatted for a while.

Andy shook his head and sighed: "After Steve left Apple, Apple has gone from bad to worse. Its market share has dropped from 16% at its peak to less than 7%, and its market value has dropped below 80 billion US dollars..."

"How come we lost half of our market share all of a sudden?" Yang Mo asked in confusion.

"IBM, Microsoft, and Intel formed an alliance to sell cheap computers, forcing Apple's high-priced computers into a difficult situation." Andy Bettlesheim explained.

"What countermeasures does Apple have?" Yang Mo continued to ask.

Andy shook his head and smiled bitterly: "At present, it seems that it is difficult for Apple to reverse its decline. The microprocessor (wintel) chip cooperated by Microsoft and Intel dominates the entire PC market. It is difficult for Apple's production costs to come down in a short period of time!" "

Yang Mo couldn't remember how long Apple's predicament would last, but he knew that Apple would remain in deep trouble until Steve Jobs returned to Apple...

After pondering for a moment, Yang Mo continued to ask: "The capital market is not optimistic about Apple either?"

Andy nodded and said: "Yes, Apple's stock price has fallen below the $10 mark! Several major institutions are bearish on Apple, thinking that Apple may fall to around $5 within a year..."

Yang Mo instantly felt like he was in another world. If he remembered correctly, on the first day of Apple's listing, the stock price reached 29 US dollars. At this price, there were 4 billionaires and more than 40 hundred millionaires among Apple's top executives. Now, almost 14 years have passed since I became a millionaire. Although I have gone through many additional issuances and filled-in rights, I still haven’t dropped to a few dollars per share...

"Andy, if we buy Apple now, how much do you think we can get all the shares of Apple?" Yang Mo suddenly asked after thinking for a while.

"Acquire Apple? Apple is in a mess right now! Are you sure you want to acquire all of Apple's shares? Or just get their controlling stake?" Andy asked with some confusion.

"Acquire all the shares!" Yang Mo said with certainty.