Rebirth of the Wild Age

In the last chapter, Ding Ming’s search shares on Sogou have been changed to 20, and it is the old Wang who has lost his head. )

By the beginning of April, Sohu.com had 380,000 registered users, while the total number of Internet users in China was only about 2 million at this time. If you ignore those repeated registration members, one out of every five Chinese netizens will be a registered member of Sohu.com.

Sohu's single-day visits have surpassed People's Daily Online!

The comment function is a core selling point. Netizens can finally express their opinions and opinions freely while browsing articles. This is a unique initiative in the world. The user’s account upgrade system has also increased the degree of website adhesion. Even Sifang Litong has also opened the comment function. Sohu’s old users are also used to this and regard Sohu.com as their online home.

"Perhaps, we use the revaluation of Sohu."

The speaker was a Chinese, a Chinese citizen holding a green card in the United States.

This person is called Xiong Xiaoge, from Xiangtan, and used to be an English teacher. After graduating from the Graduate School of the Academy of Social Sciences with a master's degree, he received a full scholarship from Boston University. During his study abroad, he accidentally served as a Chinese translator for the chairman of idg. A few years later, he got a green card and became the head of idg's Asia-Pacific region.

What does idg do?

It is the first international venture capital company to enter China.

Historically, when Zhang Chaoyang was in a poor state, it was Xiong Xiaoge who helped to attract investment, which allowed Sohu to survive. When Xiao Ma was desperate, it was also Xiong Xiaoge who helped to attract investment, allowing Tencent to survive.

This year, under the leadership of Xiong Xiaoge, idg signed a memorandum of cooperation with the Ministry of Science and Technology of China, which is expected to invest US$1 billion in China's medium-sized high-tech industries within seven years.

idg's venture capital is very characteristic, especially like investing in innovative projects. Initially invest in companies with a simple shareholder structure, but the investment is relatively small; if they intervene in the medium term, they like large investments and take up more shares; they are more concerned about the potential of the industry, rather than considering the profit model.

Sohu.com is very suitable for idg's investment preferences. There are only three natural person shareholders, and it is an innovative project Internet).

For this kind of company, idg casts a wide network and does not invest much, but it invests everywhere. For example, it has invested in Sohu and Tencent in history.

Even if it only invests a small amount of money, idg is reluctant to go it alone. This time I caught Sohu, and Xiong Xiaoge drew Intel, Dow Jones, Harrison and Hang Lung Hong Kong Co., Ltd. to pay together.

Before Zhang Chaoyang went to the United States, he contacted Intel, Dow Jones and Harrison in person, accepted investment inquiries, and elaborated on Sohu's specific situation and development plan.

Investigators from Intel did not dare to channel: "How can the number of visits to this website increase by more than 500 in a month! I want to technically check their data!"

Zhang Chaoyang smiled and said: "Please. But before checking the data, I would like to re-introduce you. Sohu.com is the world's first Internet site to launch a comment function, whether it is current affairs news, celebrity gossip, or literary content. Netizens can leave comments and comments. They also have an account upgrade system. In order to get points to upgrade their accounts, netizens even actively click on the advertisement link repeatedly, because clicking on the advertisement can earn them points."

"Comment function? Why didn't you say it the last time you were questioned?" the investigator from Harrison asked.

"Not long after it was launched," Zhang Chaoyang led everyone to the computer and clicked on a news that Sohu just published today. "Look, this news now has 327 hits and 79 comments. Let's spend three minutes. After that, refresh the page again and the number of clicks became 865, and the total number of netizens in the country with the number of comments is less than 2 million. This kind of increase in the number of clicks and comments, you know what it means!"

The investigator from Intel praised: "This is a genius initiative. The web comment function can stick users."

An investigator from Dow Jones said: "I think I need to contact the headquarters first."

Zhang Chaoyang smiled and said, "Then let's talk about financing tomorrow."

When these foreigners are gone, Xiong Xiaoge smiled and said, "Believe it, well done."

Zhang Chaoyang said: "How much does Xiong think he should value Sohu.com?"

"I think 8 million dollars is very appropriate." Xiong Xiaoge said.

"Too few," Zhang Chaoyang trolled, "We are the most trafficked website in China, bigger than People's Daily Online."

Xiong Xiaoge said: "But this is a Chinese website, and China's network environment is far behind that of the United States. If Sohu is a US website, based on your traffic and model, it is valued at least US$50 million."

Zhang Chaoyang said: "China's network environment is indeed backward, but it also has huge potential."

"Potential is potential, and the status quo is the status quo, what do you think?" Xiong Xiaoge said.

Zhang Chaoyang smiled and said, "Does your venture capital company invest in potential?"

Xiong Xiaoge also smiled: "You are good at talking."

The investigator from Gangcheng Hang Lung Company has not left, and suddenly said: "Other websites in China, users will follow the trend and launch the comment function, then your advantage will be gone."

Zhang Chaoyang said: "Many US portals are similar to Yahoo, but Yahoo has always maintained an advantage. One step ahead, step by step."

Investigators from several companies contacted the headquarters, gathered together for discussion, and then contacted their respective headquarters again.

It took half a month to go back and forth, and finally sat down and negotiated with Zhang Chaoyang.

After another week, idg, Intel, Dow Jones, Harrison, and Hang Lung have increased their latest valuation of Sohu.com to US$13 million and are reluctant to increase prices.

Zhang Chaoyang felt that he could no longer talk, so he could only call Song Weiyang to report: "Lao Song~www.wuxiamtl.com~ My expectation is 15 million U.S. dollars, but when it comes to 13 million, I can’t talk about it. See you soon Just accept it. The 13 million U.S. dollars converted into RMB has exceeded 100 million, and we will not suffer a loss!"

"Don't call me for less than 20 million U.S. dollars. You forgot that Sohu.com still owns Sogou Search 5." Song Weiyang said.

"Search engines don't make money at all, they don't have much weight." Zhang Chaoyang said.

Song Weiyang said: "Have you not been online recently? Sogou's search traffic is already close to one-twelfth of Sohu."

"Is it rising so fast?" Zhang Chaoyang asked in surprise.

Song Weiyang said, "You can use Sogou to search for keywords for frequently used commodities."

Zhang Chaoyang had to put down the phone and searched for "shoes" casually, and suddenly a bunch of news about fake and shoddy leather shoes in Wenzhou came out. He picked up the phone and said, "Except for the accurate search results, it's nothing."

Well, the main reason is that the shoe manufacturer hasn't built an official website yet, and it hasn't got an advertisement. It's embarrassing for the thief.

Song Weiyang had to say: "Search for high-tech products!"

Zhang Chaoyang searched for "computer" again, and suddenly found the first display of the search result: Lenovo Computer.

"Advertising?" Zhang Chaoyang asked.

"Understand?" Song Weiyang said.

"I understand," Zhang Chaoyang said, "the more vendors who have official websites in the future, the more search advertising costs will be!"

Song Weiyang thought for a while and said, "Let's do it, share exchange. Sohu.com searches for 5 shares on Sogou and exchanges them for personal shares on a pro rata basis. The two will be okay in the future."

"Yes." Zhang Chaoyang said.

After adjustment-Sogou Search: Song Weiyang 4775), Jin Panben 30), Ding Ming 20275), Zhang Chaoyang 1975).

Sohu.com's shares in Sogou Search are cleared.

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