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Chapter 373 The wind has turned sharply

On the surface, Yu Shengkang and some of the leaders above seem a bit unfounded.

But we need to understand that they can’t predict the future?

We simply don’t know what kind of weird and bizarre shape the Internet will eventually develop into. Therefore, we can only rely on old experience, the analysis of traditional experts, and references from Wall Street and Silicon Valley.

So when Yu Shengkang heard that Li Yuan was still relying on burning money to get traffic, and even downloading software was free forever? Yu Shengkang couldn't accept it.

Therefore, from that day on, Yu Shengkang became quite annoying. He kept chirping beside Li Yuan, hoping to make Li Yuan "change his evil ways" and almost annoyed a certain brother Yuan to death. I really wanted to do this

The bald man kicked off to the Pacific Ocean.

Fortunately, it didn't last long, and fortunately there was a new hot spot that attracted everyone's attention. That is - Yahoo went public!



In fact, when it comes to the ancient history of the Internet, except for those senior fans, many people have already forgotten Netscape and the first generation Andreessen.

But when it comes to Yahoo’s Jerry Yang and David Filo, they must be well-known, right? Especially the second generation Jerry Yang. They should be the ones who created the Internet era and contributed the most!

Jerry Yang and Ferro's contribution to the world goes far beyond creating the world's largest Internet portal, Yahoo!, and more importantly, formulating the rules of the game that the Internet industry follows today - open, free and profitable.

It is because of their contribution that we can obtain all kinds of information for free from the Internet, and use it to transmit and share information, and our lives have been changed.

Of course, after a few decades, Yahoo has basically disappeared in the long river of history. But its historical status is hard to shake. And Jerry Yang will definitely be compared with celebrities such as Edison, Bell and Ford. There is no dispute that he won

A word of praise - great!

Why is this happening? It’s because Yahoo is the first Internet company with a pure pedigree to go public!

Like Netscape? In essence, it is not much different from Microsoft, just like what was introduced before - it sells software and develops new software technology.

Needless to say, Parallel Line is just a hodgepodge. Even the Funeral Alliance has been created? Even some extreme technologists in Silicon Valley do not admit that Parallel Line is an Internet company at all.

It’s nothing more than selling sheep’s head as dog meat!

As for Yahoo?

Yahoo is not the first portal to engage in Internet services, but Yahoo is the company that determined the business model of the Internet industry and is the true representative of mainstream free portals. If it were not for Yahoo, the Internet would probably be like cars for a long time.

Become a luxury product for the rich.

In other words, Yahoo pioneered the free model and devoted itself to the traffic era.

For example: before America Online (AOL), they had already begun to develop its paid dial-up users, which were charged like phone bills, twenty dollars per month plus some inexplicable fees. Even so, AOL developed in the early stages of the Internet

It grew rapidly and it still has tens of millions of users.

Fortunately, with the advent of Yahoo later, there was no market for AOL's approach of developing the Internet like cable TV. Yahoo and its followers not only made the Internet open, free and profitable, but also

Stimulated the birth of e-commerce.

So why is Yahoo able to make the Internet open and free? Because its founders Jerry Yang and Filo did not engage in the Internet for profit when they started, and AOL clearly wanted to make money when they entered the Internet.

This is a very interesting phenomenon.

Among the big bosses of the first generation of the Internet, most were idealists, and almost all of them had lofty ideas shared by the Internet.

However, what is interesting is that openness and freeness have made most of them billionaires. Even super billionaires (wealth of more than 1 billion US dollars) are not that rare.

This can be regarded as an unintentional intervention!

It should have been introduced before that the birth of Yahoo was just like Andreessen of Netscape. Jerry Yang and others took advantage of the professor's academic sabbatical for a year, quietly put down their research work, and began to make a classification and query website for the Internet.

Software, this is what became Yahoo.

This tool is available for free on the Stanford University campus network. Internet users find that through Yahoo, they can find websites they want to go to or useful information. In this way, when people surf the Internet, they first go to Yahoo, and then enter other websites from Yahoo.

As a result, the concept of portal website was born, and Yahoo's traffic skyrocketed like a rocket.

After Netscape discovered this phenomenon, it came to Yahoo for cooperation. Netscape added an icon connecting to Yahoo on its browser. In this way, Yahoo's traffic grew faster. Soon, the Stanford University server

and the network could not handle the growing traffic. They had to ask Jerry Yang, Filo and others to move Yahoo. At this time, Netscape gave Yahoo a server, and Yahoo was officially established.

As an aside, at that time, he, Jerry Yang, and Ferro were working as the third person at Yahoo. At that time, he couldn't make up his mind. He felt that it was inappropriate for the three of them to privately start Yahoo while the boss was away, so he dropped out of school to start a company.

It was even more inappropriate, so he chose to stay in school. If the most depressed people in the world were lined up, he would definitely be at the top.

In a way, Netscape is indeed Yahoo's great benefactor. In addition, Yang Zhiyuan is a humble man and is known to be a good person. Therefore, Netscape has always been the leader and "honestly" faced this little

attendant.

After Yahoo received investment from Sequoia and SoftBank, its traffic immediately showed geometric growth.

This chapter is not over yet, please click on the next page to continue reading! However, the growth of traffic cannot cover up the failure of the profit model.

After Yahoo was founded, every year's financial statements were significantly negative. Only before it went public, that is, in the first half of this year, did it barely make a profit of more than 1 million US dollars?

As for how much of this profit is, only God knows.

Therefore, under this background, Yahoo was listed on NASDAQ. It also attracted the attention of the entire world!

On the day of listing, the stock price soared from US$13 to US$33. It once again caused a sensation in the investment market, and made Yahoo become the number one brand on the Internet! It even vaguely surpassed Netscape's limelight...

This amazing performance made Yahoo suddenly become the benchmark for Internet companies around the world.

Later, let’s talk about Jerry Yang! In the Internet industry, meeting him is like a pilgrimage. It’s so exaggerated!

It also led to the emergence of various portal websites one after another, not only in North America, but also all over the world. Among them are the three major domestic portal websites in the early stage.

And as Yahoo's free services became popular among the people, the Internet's Age of Discovery emerged. Various websites also appeared one after another. Every government department, school, company, and everyone was setting up their own web pages. The content that was originally delivered through various newspapers

Information spreads faster through web pages. The content on the Internet has increased exponentially, and mankind has truly entered the era of information explosion. Yahoo, as the first to discover the New World in the Age of Discovery, played an indispensable role in this revolution.

By the way, within one month after Yahoo went public, the business volume of Parallel Line's customized homepage tripled. It can be said that it has reaped this wave of dividends.

Let me reiterate again: Why is Yahoo great?

It was because of the formulation of the game rules of the Internet industry - open, free and profitable, that it prevented AOL and similar companies from trying to turn the Internet into a new telephone network. This model stimulated e-commerce.

Secondly, as we mentioned when introducing Microsoft earlier, it successfully blocked Microsoft's attempt to monopolize the Internet, allowing Internet companies of all sizes to survive and develop independently without relying on other IT industries.

Everything - flow! flow! flow!

Let’s put it this way! Without Yahoo, our future charges will be charged to death by those monopoly companies. Where will the future convenience and low prices come from?

But it is a pity that Yahoo's future development is not very good. In addition to reaping the dividends of a wave of Internet advertising, it has not effectively utilized traffic and has not developed new technologies. Instead, it has become a crazy Internet investor?

Moreover, Yahoo's media attributes are getting stronger and stronger. Except for Yahoo's development, which is not bad, the rest is a mess. And such madness has led to crazy money burning, and finally completely brought down the entire Yahoo, and finally ended up with a

The consequences of a dismal departure...

Coupled with the strong rise of the new generation of Google, it really happened at the wrong time. It should be said that several Yahoo CEOs, such as Jerry Yang, do have huge flaws in the company's strategic decision-making.



But no matter what, Yahoo is now the most beautiful kid in the world!

Although Yahoo has no technological innovations, in fact, in the subsequent history of Yahoo, they have never been a technological master.

It's not like from AT\u0026amp;T to Cisco to Microsoft to Netscape... almost all companies, these companies are all technological leaders in the industry. I don't even remember any important invention of Yahoo?

Even later Yahoo went even more extreme and insisted on manually classifying thousands of websites?

The attitude of a company that advocates technology is to solve these problems rather than regressing to manual operations. To this day, Yahoo still adjusts search results manually, unlike Google which uses computers to rank completely.

Do you understand? Yahoo is also a strange flower in the Internet. Their product department has a great say, which leads to extremely, extremely, extremely contempt for Internet technology!

But with the crazy performance of the stock market, Wall Street and Silicon Valley suddenly appeared again, and there was a 180-degree turn in public opinion - traffic is the king, right?

This is very interesting. More than a month ago, software sales were king; more than a month later, traffic is king?

The valuations of various Internet start-ups in Silicon Valley have skyrocketed, and Parallel Line Technology is the first to bear the brunt!

It’s not because of any other reason. The next Nasdaq listing will be Parallel Line?

And customized homepage - outsourcing, Internet community, and U2 social communication software are all highlights?

The former has brought huge main business income, and the latter two have brought amazing traffic.

At this time, many people suddenly realized that there was another U2 in the parallel line?

The download volume of U2 has also skyrocketed, which in turn has pushed up the valuation level of Parallel Line.

And in the process of using it, many netizens did find that U2 is still a very convenient communication tool. At least on the Internet, it can avoid high long-distance phone charges, right?

Damn it! Saving money is the real king!

Through the Internet, this good news spread all over the world at a fission speed, and Parallel Line once again ushered in a wave of user surge. In an instant, it became the next hot spot in the investment market?



The hexagonal headquarters in Beijing.

"Yuanzi, do you really want to hold this press conference?" Yu Shengkang followed behind Li Yuan, his expression looking a little embarrassed.

Li Yuan shook his head helplessly: "I don't want to either? I said it was okay at the time, but you didn't believe it? That's why I will continue to hype it today."

"But... hasn't the crisis been resolved? Now that Yahoo's performance is so good, you should be very optimistic, right?"

"Brother Kang, please teach me how to invite all the reporters here, and then tell them - it's okay, you can go home now?"

"Haha." Yu Shengkang laughed a few times, "But... but is your Kuafu plan reliable?"

"Hey, there's Professor Zhao from Beijing University. Do you think it's unreliable?"

"..."

Before that, in order to silence Yu Shengkang, Li Yuan of course needed to hype up Parallel Line Technology. So he took advantage of the Kuafu Plan.

Moreover, there were successful examples of this kind of hype later - Musk's Starship was wildly reported by the global media, which objectively created a wave of advertising for Tesla. Even without advertising, Tesla

To become the world's number one selling electric car brand, Starship and Musk's own advertising are indispensable.

But I just didn’t expect that Yahoo would suddenly become popular just as I was preparing to start the hype?

Arriving at the press conference, Li Yuan put on a smile and walked quickly to the stage.

However, before I could say hello to old Professor Zhao Kaihua and the leaders of the space agency, the whole scene suddenly started to stir.

"Li! What is your evaluation of Yahoo's listing performance?"

"Li! Your parallel line will be listed at the end of the year. How do you think it will perform?"

"Li! The Internet myth has created two more billionaires. What do you think you will do? Will you become a super billionaire by the end of the year?"

"..."

This time, the reporters from various countries who participated did not care about the content of the conference at all. For them, the Internet is the real hot spot! Parallel Technology is the real news!


This chapter has been completed!
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