Rebirth 76: Industrial Internet Empire

1999 8 Month 15 Day.

Alibaba, which has just moved to a new office building, placed a recruitment advertisement in the Lincheng Evening News: if not now, when? ifnotme,who? (If not now, then when? If not me, who?)…

At this moment, who else could I be? ?With the blessing of capital, Alibaba bared its fangs and raced against time at an incredible speed...

In early September, with the guidance of Zhiyuan Group, Sina was successfully listed in the United States. Subsequently, NetEase and Sohu successfully IPO'd one after another, and the three major Chinese portals joined Nasdaq.

In early November, the number of registered users of Tencent QQ exceeded 11 million.

On December 12, Alibaba launched a C12C e-commerce platform...

Various Internet companies and personal websites have sprung up like mushrooms after a rain.

Andy Investment, Qianhai Asset Management, Sequoia Capital, Goldman Sachs Investment Bank, IDG and other Wall Street capital giants have opened branches in mainland China...

China's Internet era is slowly opening!

...............

1999 12 Month 31 Day.

Yanjing.

At the foot of the Great Wall, tens of thousands of tourists wrote their blessings at the turn of the century on banners more than 200 meters long...

Wangfujing Street is filled with drums and music, various palace lanterns, colored lanterns and dragon and lion dance artists, showing the city's rich historical heritage.

At the gate of Xidan Mall, which is open all night, Yang Mo and Lin Yan walked along with the flow of people. Thousands of passers-by spontaneously lined up, waiting to sign their names and blessings on a 1999-meter-long banner. , wait until the turn of the next century to show it...

new work time.

10, 9, 8…………

More than 50 people were chanting the countdown in unison.

Cairo, capital of Egypt.

A unique "Twelve Dreams of the Sun" concert is crowning the pyramid.

Singapore.

The world's largest cross-century dance is outrageously intoxicating.

The whole world is hot and cold...

In this short and special day, almost everyone has temporarily forgotten hatred, war and bullying. In their eyes full of hope, there is only infinite longing for the new century...

Just after New Year's Day, Li Guoqing led a person to see Yang Mo.

Yang Mo was happy when he saw the visitor...

"Mr. Yang, why are you laughing? This brother, like Li Bin, is my junior fellow student at Yan University. Do you know him?" Li Guoqing asked in confusion.

"Hello, Mr. Yang, I've known you for a long time! My name is Li Yanhong!" the visitor said politely.

"Sit down and talk about anything! Don't be formal, the ones introduced during the National Day are all my brothers..." Yang Mo chuckled.

"Thank you, Mr. Yang..."

"National Day, look at this little brother who is much younger than us! You probably didn't meet each other at Yanda, right?" Yang Mo asked casually.

Li Guoqing smiled bitterly and said: "Mr. Yang, you are trying to make me look older! But to be honest, I just graduated the year Yan Hong entered school..."

"Mr. Yang, Brother Li was a famous figure in our Yan University back then, the idol of many junior students..." Li Yanhong said without missing a chance.

"Oh? What about the glorious history of National Day? Tell me about it!" Yang Mo asked with interest.

“The first year I entered the school, Brother Li was organizing a music festival and invited Cui Jian, the great rock god of the year. However, Yanda did not approve it because of the lyrics. In the end, Brother Li invited Cui Jian in his own name. The concert is still a success..." Li Yanhong said calmly.

"Is there another thing? National Day, how come I heard that there is another thing that made you famous in Yan Day?" Yang Mo chuckled.

"Mr. Yang, please don't pick up any of the pots..." Li Guoqing said with an embarrassed look.

"Are you talking about Brother Li distributing condoms on the Yanda campus?"

"Haha..." Yang Mo's mind flashed into a "vulgar" literary young man who admired Western culture and was independent.

After chatting all over the world for a while, Li Yanhong took out a stack of documents from the satchel he carried and handed it to Yang Mo and said: "Mr. Yang, this is an Internet company that my friend and I just established a few days ago. It’s a detailed plan. I wonder if you are interested in investing?”

"Since it was introduced during the National Day, there is no need to read it. I have invested in this project! Just tell me the general idea and financing plan..." Yang Mo flipped through it casually, waved his hand and said very "boldly".

When Li Guoqing heard these words, he felt a mixture of gratitude and sincerity. He never expected that Yang Mo would actually give him face like this...

"Mr. Yang, after I left Wall Street in 97, I joined Infoseek, a famous search engine company in Silicon Valley. This time I returned to China to start a business focusing on Chinese search engines..." Li Yanhong said calmly.

"Mr. Yang, I am not an easy junior! After eight years in the United States, I served as a senior consultant for Dow Jones on Wall Street and a real-time financial information system designer for the "Wall Street Journal" online version. Later, I went to Silicon Valley and worked as a message search architect and search engine He has done in-depth research in the technical field, and he is also the owner of the "hyperlink analysis" technology patent..." Li Guoqing introduced earnestly.

"How much equity is Baidu planning to use for financing this time?" Yang Mo asked calmly.

“Before returning to China, I used 16% of Baidu’s equity to obtain US$120 million in financing from Wall Street. The investor’s original intention was for me to spend all the money within six months. I initially thought US$120 million was enough. It took a year to carry out Series A financing step by step. After carefully studying Amazon's development history, my concept also changed!" Li Yanhong said in a clear voice.

"Oh? What inspiration has Amazon given you?" Yang Mo asked with interest.

"Amazon has created the miracle of an Internet company. In just a few years, its North American business alone has been listed on the market, and its IPO market value has reached hundreds of billions of dollars. I have to admit that technology itself is not the only decisive factor in success or failure. Capital The business strategy promoted is the real factor that determines the victory!" Li Yanhong said with a pious look.

Yang Mo chuckled and said: "So you are going to change your mind? Like Amazon, burn money quickly to gain territory?"

Li Yanhong nodded...

"But you have just received US$120 million in angel round financing from Wall Street, and the money has not been spent yet. If you start the next round of financing now, the employer will not be happy, right?" Yang Mo asked.

"You can rest assured about this. Our angel round financing plan originally used 40% of the equity to raise US$300 million. When we signed the financing agreement with the capital, the capital allowed us to find additional investors!" Li Yanhong explained.