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Episode 2 Young Mayor Chapter 62 New Team

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    Aditya was silent for a moment before finally nodding: "Yes, I must say, face to face has a bright future."

    He said this once, but the meaning was different twice. Last time, Aditya just thought that "face to face" was interesting and could be very popular.

    Until Wang Yang pointed out that "face to face" could become Yahoo, Yahoo was not only very popular, but also very profitable.

    For websites, as long as they are popular, have a high click-through rate and have many users, they can make money.  Even if from a commercial perspective, the website is operating at a loss and has to keep burning money, just like Amazon, but as long as there are clicks and users, venture capital will pounce on the website like a shark smelling blood.  Send money.

    So this time, Aditya said that "Face to Face" has a bright future, and he also meant "Face to Face"'s money career.

    Even if you can¡¯t become Yahoo, you can still become a next-level Internet giant.

    The Internet is the most popular gold mine for Americans at the moment. Thinking about becoming a billionaire is enough to make people crazy. There are not many such opportunities.

    If it is just interest, everyone can do it together. But when it comes to interests, and they are extremely huge interests, we must carefully calculate them.

    "Mindy, come here." Aditya suddenly clapped his hands and asked Mindy to come over.

    Mindy and Alvin were communicating about algorithm problems. Alvin's unique ideas and Mindy's profound theoretical knowledge made the other party feel very fruitful. They even found a piece of paper and drew an algorithm structure diagram on it.

    "What's the matter?" Mindy was obviously reluctant and was still drawing on the paper.

    Aditya shrugged helplessly and looked back at Wang Lei: "Rex, I want to join your team, and so does Mindy. Our connections, creativity and technology can help."

    "No problem." Wang Lei nodded and looked at Aditya seriously.

    Mindy is a nerd, Aditya is a little better than him, but his character is also dull and not good at words. He smiled awkwardly: "Rex, we have to make some things clear now. Mindy and I  Di joins the team as a member of the start-up team. Of course, we will not ask for the same treatment as you, the founding members, but we also hope to own shares in the website."

    After saying that, Aditya looked at Wang Lei nervously, fearing that he would refuse.

    The face-to-face meeting has a good start. They have the technology, but there are many people at Carnegie Mellon who know the technology. You can pull out two at will.

    In addition, Wang Lei¡¯s ideas and Alvin¡¯s technology are also very good. The fact that they were able to launch the initial ¡°Face to Face¡± on their own is proof that you don¡¯t necessarily have to find them.

    Just as Wang Lei was about to speak, Wang Yang, who was next to him, suddenly reached out and pulled him, and whispered in his ear: "Rex, we have to discuss it."

    Wang Lei looked at Wang Yang, thought for a moment, then turned to Aditya and said: "This matter is a bit sudden, we have to discuss it, you can also discuss it first."

    Judging from Aditya¡¯s reaction, he didn¡¯t consider the issue of shares in the first place. He just regarded ¡°Face to Face¡± as an interesting project. Now that they want to talk about it, it is quite sudden for them.

    Wang Lei stood up and called Alvin out, leaving Aditya and Mindy in the room.

    "Rex, we can't give them shares. If 'face to face' becomes Yahoo, one percent of the shares would be worth hundreds of millions of dollars!" Wang Yang said anxiously as soon as he walked out of Aditya's room.

    Silicon Valley is the most representative American dream in this era. The stories of Bill Gates, Mike Dell, Steve Jobs, Jerry Yang and others creating wealth have become living legends.

    ??Among them, Bill Gates, Michael Dell, and Steve Jobs all dropped out of college and then started from scratch to build corporate empires. Many young students regard them as idols and role models.

    Compared with these idols, in the Internet boom, there has never been a shortage of a few people to build a website, a few pieces of business plan, get a lot of funds from venture capital, and transform into millions, tens of millions, or even billions.  Millionaire.

    Wang Yang was obviously a little excited by this dream. He felt that such an excellent opportunity cannot be given away easily to others. Every time a point is given away, the loss may be hundreds of millions of dollars.

    Wang Lei shook his head gently. Of course he knew about the current Internet craze. For a good concept, it is easy to get hundreds of thousands or even millions of investments from venture capital. But if it is above tens of millions, then  It's very difficult.

    "Yang, if we want to become Yahoo, we must grow up first. Just rely on me andAlvin, plus the few of you, are not enough to support face-to-face development. We must increase our strength.  "

    "Can we just add them?" Wang Yang pointed to the closed door over there, obviously not agreeing with Wang Lei's statement.

    "Rex, they are also students. If you can't do it, we will hire people. It will cost you $50,000 a year, but only $500,000 in ten years. You can't spend the next $500 million just to save the initial $50,000.  U.S. dollars¡­¡±

    Wang Yang suddenly grabbed Wang Lei's arm and shook it hard, appearing very excited.

    "Uh, what's going on?" Alvin looked a little confused.

    "Aditya and Mindy want to join us, but they have to take away some equity. Wang Yang doesn't want them to join" Wang Lei shook his head with a wry smile.

    "Wang Yang, the problem is that we don't have money now. We can't get even five thousand US dollars, let alone fifty thousand US dollars."

    ¡°Furthermore, fifty thousand US dollars is far from enough. Two dedicated partners are at least equivalent to four employees, which is two hundred thousand US dollars. Servers, bandwidth, promotion these all cost money.¡±

    "Then find a way to make money. We can sell advertisements and I will do this." Wang Yang gritted his teeth. He was like Grandet, wanting to guard every gold coin.

    Wang Lei spread his hands: "Wang Yang, if the website does not grow, no one will invest in advertising; without anyone advertising, we will have no money, and without money, the website will not grow"

    "This is a deadlock that all websites in the startup stage have to face. That's why there are angel investments, seed funds and venture capital. According to your idea, don't you need nothing and just rely on ourselves to do it face to face?"  Maximum, get listed on NASDAQ again?¡±

    "You have to know that even Yahoo conducted two rounds of financing within a year of its establishment. Jerry Yang and David's shares were greatly diluted. There is no way to avoid this."

    ¡°What¡¯s more, Jerry Yang and David could initially use Stanford University¡¯s servers for free, but we had nothing.¡±

    Wang Yang's face became extremely ugly. He also realized that his thoughts were a bit wishful, but he still argued: "I know all these, but what role can they play?"

    "Technology, ideas, servers, connections, and power" Wang Lei said to Wang Yang with his fingers crossed.

    "Face to face is just a seedling now, or in other words, it is simply a seed that has just sprouted. It will take a long time to grow into a towering tree. During this process, any storm or setback may cause him to die prematurely."

    "It needs more nutrients as it continues to grow. Aditya and Mindy are the new nutrients. They can help the website grow."

    "Yes, we don't necessarily need them. There are some things we can do if we are given time."

    ¡°However, the most scarce thing about face-to-face meetings is time. Once others discover that this website is very promising, many similar websites will appear and swamp us, if we can¡¯t occupy the territory first.¡±

    "Wang Yang, do you want to give others some branches and thus own the trunk of a big tree, or do you want to lose the entire tree?"

    "Okay, I admit what you said makes sense!" Wang Yang raised his hands, but he was not completely convinced: "Rex, why don't we find venture capital directly, but two new partners? We have no respect for them at all.  I don¡¯t understand.¡±

    Wang Lei reluctantly patted Wang Yang on the shoulder. This guy is good at everything, has a flexible mind, active personality, and is extremely sensitive in business. He just takes interests a little too seriously, is not broad-minded enough, and often fails to turn around.  .

    "Yang, sometimes money is not as useful as people. We have nothing now. If the venture capital invests one million and takes at least 50% of the shares, that's several billion!" Wang Lei also learned.  Following Wang Yang's method, the market value that may be realized in the future is calculated directly to the present.

    Sure enough, Wang Yang gasped in distress: "**, it's too dark."

    Wang Lei smiled: "Capital is the darkest and unprofitable. Will they invest in you?"

    "Furthermore, you have to know that the energy that two people who devote themselves to work can exert is huge, but one million funds may be used up very quickly."

    "So I am still inclined to accept Aditya and Mindy joining the team. The specific shares can be discussed separately," Wang Lei said with a smile. He always feels that if you want to do something, the team is the most important. A good team can  A poor team will do a good job on an average project, but a bad team will do a bad job on a good project.

    "Face to face" has always been managed by Wang Lei and Alvin, with Wang Lei's planning and Alvin's skillsTechnology, two people worked together to create this very interesting social networking site.

    In fact, this website is still very crude. There is a lot of room for improvement in terms of pages, functions, and management. If the website needs to be further improved and developed, Wang Lei and Alvin are insufficient in terms of ability, energy, and time.

    They can hire people, just like Wang Yang said.

    But hiring people requires paying wages and benefits. The IT industry is very popular, and the wages of employees are also very high. They simply cannot afford to hire people.

    What¡¯s more, the work initiative of employees is not comparable to that of entrepreneurs. This is why American companies have become popular with options in recent years.

    Only by becoming a member of the team and the owner of the enterprise can people's initiative be fully unleashed.

    This point is particularly important for start-up companies.

    "Okay, you decide, the 'face to face' belongs to you, and I don't belong to this team." Wang Yang opened his arms, fell down and patted him, saying with some frustration.

    "No, no, no, of course you are one of us. You have to help us sell ads and make money." Wang Lei immediately patted Wang Yang on the arm and told him that he was very important.

    ¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª¡ª

    PS: Sorry, I can¡¯t do the third update today.  Let's make up for the difference in two days. Tomorrow, Tiantian girl will get married and there will be more favors, so we can make up for it on Sunday and Monday.

    {Piaotia Literature www.piaotia.net thanks all book friends for their support, your support is our greatest motivation}
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