Chapter 029 San Francisco

Masayoshi Kishimoto left San Francisco International Airport and took a cab straight to a hotel near Stanford University. A reservation had been made over the phone before he arrived.

Masayoshi Kishimoto made a check at the front desk of the hostel, and then got a room card for the corresponding room. He took the elevator to the upper floors of the inn.

He went through a corridor, looking left and right at the two rows of room numbers, and easily found his room. After opening the door, he stepped inside and closed the door behind him.

Masayoshi Kishimoto walked over to the small living room couch in the suite, first putting down the large shoulder bag he had on his back, then turning around and sitting down on his butt, leaning his back against the backrest of the long couch.

The living environment here is average, yet not cheap. However, what one was looking for was a convenience. He wasn’t in a hurry to get to Larry? Page and Sergei? Brin to talk about angel investment.

In all fairness, Justice Kishimoto did not have ten percent certainty to convince them. The reason is very simple, they are elite, with independent thinking ability, not the kind of idiot who thinks he is smart.

The most important point, Stanford University near the Silicon Valley. Silicon Valley is not only the gathering point of American high-tech companies, but also the gathering point of many angel investment companies.

Not to mention any good project, even just a good idea, as long as you can convince the decision makers of angel investment companies, you can get angel investment from angel investment companies. Here, there is a complete system of operation.

This is not at all the Zhongguancun, which is known as China’s Silicon Valley in vain. China’s local angel investment company is simply strange, either just want to spend very little money to be absolutely controlling, or investment to buy each other 10% of the company shares, but also want a veto.

Kishimoto justice so completely capable of understanding, why at first Alibaba will accept soft bank venture capital, and why many Chinese Internet well-known enterprises will go to the NASDAQ listing.

Sequoia Capital, Silver Lake Capital and other foreign background, but the localization of the packaging of the investment company in China is very popular, one by one to make a lot of money.

The reason is that the conditions they offer are more reasonable than those offered by local Chinese investment companies, which is acceptable to both sides.

Moreover, they do not interfere too much with the operation of the investee company. This is also something that is difficult for local Chinese investment companies to do.

The problem of Chinese local investment companies is the dregs of Chinese culture, the old man paid the money, you have to listen to me. Even if it is wrong, you have to listen to the old man.

If you can not convince Larry? Page and Sergei? Brin, there are alternatives to the Kishimoto justice is not easy to give up this first choice of a million dollars.

The reason why he was able to easily persuade NCsoft’s Jin Ze Chen, is that the other side is in urgent need of funds, and he happens to be the one who can provide funds.

In addition, he also understood how the online game is a thing. Thus, both sides were able to hit it off. He then reality of the future of the first low investment, high return successful investment.

Kishimoto justice is very clear, the United States is a completely different situation, the economy is good! 1998, for many countries in Asia, is still deep in the vortex of the financial turmoil in the middle of difficult to extricate themselves, very bad year.

However, for investment in Internet business, really is a golden age. 1995 to 2001 this time period above, but the Internet bubble era.

Kishimoto justice alternative is naturally a lot, Bezos Amazon, Pierre Omidyar’s eBay, Pierre Omidyar’s eBay. Omidyar’s eBay, Yang Zhiyuan’s Yahoo and so on are companies that have just started.

If you get into the stock of these companies at this time, then in the future will certainly earn huge profits. In addition, investing in Intel is also a good choice.

This year, the founder of Intel, Andy Grove, made a bad decision that led to the death of the company. Grove’s poor decision-making led to a huge loss for Intel, and the stock price plummeted, thus forcing him to take a back seat.

Justice Kishimoto knows that this does not mean that Intel will not work. In the future, the world’s personal PC cup is still its world. Intel is still the king.

AMD is no match for it. Apple has its own relatively independent set of hardware and software, and is not at all as extensive as the market it occupies.

Before Justice Kishimoto crossed over, he also read Andy? Grove’s book, Only the Paranoid Survive. Within this current year, he had too many good projects to invest in.

However, as soon as he thought of these, he couldn’t help but lower his head and hold it with both hands, an extremely painful expression showing on his face.

He clearly knew about it in advance, but he didn’t have enough money to make a relevant investment, letting the opportunity pass by in vain was simply a painful ordeal.

Masayoshi Kishimoto raised his head slowly, slightly calming his current state of mind. There was still a chance for himself in the future; after all, the Internet bubble would burst in the year 2000.

At that time, some of these high quality Internet companies that he had selected would also be negatively affected and impacted in no small way, but for him, it would be a good opportunity.

By the year 2000, one would no longer have the painful ordeal that he has now, after all, one would have more money in hand. This first high-yield return is from Jin Zechen’s NCsoft online game company to give himself to hold that 40% of the shares of the dividends.

In addition to the United States, China’s Internet era is also in this opening, the seeds have also landed. Only, the foresight of the investors, is too little.

In Masayoshi Kishimoto’s opinion, Chinese people are quite talented in the Internet and computer-related industries. By China’s national conditions and traditional thinking at the time of some of the above limitations, although seized the opportunity, but also missed some of the priority in the field.

Lei Jue’s King of Kings was China’s first graphical online game, its eponymous text MUD opened in late December 1996, and its developers were a couple of doctoral students at the Institute of Materials Science at Tsinghua University in Taiwan.

Chen Mingming and Huang Yuzhen, who met and fell in love over the Internet, and also embarked on the path of entrepreneurship together over online games. It was also the first Chinese online game to enter the Korean game market.

Yang Zhiyuan, who founded Yahoo, was once the idol of many young people, especially in China. This also includes myself before I was born again.

In fact, before Yang Zhiyuan, there is a more powerful Chinese, that is Wang An. Wang An founded Wang An Computer, which was once able to compete with IBM.

He was a world-famous inventor and a rich entrepreneur. In the United States, he is considered to be the first person of “outstanding immigrants” in this immigrant country. 1986, his personal value reached 2 billion U.S. dollars, ranked No. 5 on the U.S. rich list, and steadily ranked as the richest Chinese in the world.