Since 1983

After the National Day, Sohu went public.

Three months ago, CDC listed and offered 4.2 million new shares at US$20 per share, which rose to US$60 at the opening.

Sohu 4.5 million shares, 18 US dollars per share, opened to 40, broke through 50 US dollars a few days later...

When the news spread back to China, it did not attract large-scale attention. In an era when most people did not even understand the Internet, they were not expected to study an Internet company.

It was only published in professional newspapers, causing quite a stir in the industry.

CDC is leading the charge, followed by Sohu, which seems to indicate that the spring of the domestic Internet is coming.

In 1999, 11 prominent Internet companies were born in China: Ali, Dangdang, Ctrip, Shanda, eBay, Tianya Community, ChinaRen, etc.

They were all trendsetters at the time, and later some died, some were acquired, some became bigwigs, and some snatched official seals... But at this moment, all of them follow the example of Zhonghua and Sohu, especially Zhang Chaoyang.

This product has an entertainment temperament that is easy to attract people. It can be called an industry idol and a leader!

As for the major shareholder, Times Ventures, they continued to keep a low profile. Ever since Boss Xu realized that he couldn't cash out, his heart has been at peace.

"Old Zhang, congratulations!"

In the company, Xu Fei hugged Zhang Huhu, who had just returned from the United States, and said with a smile, "With the current market value, it's a no brainer to be worth over 100 million."

"Hey, I can't compare to you."

Zhang Huli is not modest, because he is familiar with each other, and he knows the details of the other party, he only said: "It suddenly seemed like a dream, I found that I was pushed to this position overnight, and I looked around, and they were all at the foot of the mountain.

It's just annoying. I just got back and received more than a dozen people who invited me to give a speech. "

"Ha, what's the next step?"

"I……"

He summed up that he had no plans, it was still those businesses, and asked, "What else do you think?"

"two!"

Xu Fei simply talked about it: "First, there is a new website called ChinaRen. It is probably an alumni record, which can be understood as a virtual campus community.

Second, there is a new thing called blog abroad. "

"blog?"

Zhang Hu thought for a while and said, "You mean weblog?"

"Yes, the name has changed now. I plan to introduce it to China and call it a blog."

"This thing is an online diary, but it can be introduced and integrated with the community." Zhang Huli said.

"Yes, ChinaRen is also a good addition. We are looking for opportunities to acquire it and build the world's largest Chinese virtual community."

Blogs were introduced into China around 2002, and there is a website "Blog China".

There was little splash at first, and then a female writer became famous, writing a sex diary and recording a one-night stand with a rock musician.

The details of the story are shown in line drawing, just like a pornographic film, which has made countless viewers hooked.

This woman is called Mu Zimei.

This musician is called Wang Lei.

After being exposed, the musician said angrily, "It's so immoral!"

"Next year, when we launch the blog function, it must be humanized."

"What do you call humanization?"

"Simple, give the author three options: visible to himself, visible to friends, visible to all, and that's OK."

…………

Shencheng, Huaqiang North SEG Science and Technology Park.

In an office on the fourth floor of the second building, there are probably the most anxious young people in Shenzhen city. They hold a software with nearly one million users, but worry about adding another server.

The leading young man is very thin, he comes from an ordinary family, and looks mediocre, but he is much better than the old horse.

He was nervous about the coming guest, and a little bit incredulous.

The company was established last year and opened OICQ in February this year. It originally planned to develop 1,000 users in the first year, 3,000-4,000 in the second year, and 10,000 in the third year.

It turned out to be over a million!

The huge number of users brings huge operating costs. A group of people take jobs everywhere to subsidize their families, and their wages are halved.

At this time, the news of Sohu's listing came, which dazzled the dog's eyes.

As the boss, Pony Ma anxiously sent a message to Times Venture Capital. Unexpectedly, the other party's efficiency is super fast, so he will come to investigate today.

"You are Mr. Ma? Hello!"

"Hello!"

The moment he saw the visitor, Xiao Ma suddenly became less nervous and greeted him politely.

"You must know that ICQ has the largest number of users in the world, but it is a foreign software after all, not localized enough, and the support for Chinese is not very friendly.

We are different, first moved the user information and friends list to the background server. If ICQ changes computers, there will be no all information. OICQ avoids this problem.

Our tarball is only 220kb and can be downloaded in a minute.

Support 163 and 169 number access, ICQ only supports 163.

We have integrated chat rooms, person-to-person, and peer-to-peer file transfer functions. Moreover, users can receive offline messages and leave messages for the BP machine..."

The pony, Balabala, made an introduction, but the visitor was unmoved.

The rise of OICQ is said to have benefited from this year's National Day, I don't know if it is true or not.

During the National Day, the Internet was closed to the outside world, and netizens could not log in to ICQ. They looked for alternatives, so they found OICQ and successfully retained a large number of users.

After Xiao Ma finished speaking, he asked him to look at the data on the server and the user growth curve. Now there are tens of thousands of new users every day, and it will break one million next month.

"..."

The visitor nodded, expressing his approval, and finally asked: "Then how do you make money?"

Ga!

Pony Ma was instantly embarrassed, unable to answer: "We, we are exploring some new profit models."

"Okay, I understand the basic situation, I need to study it."

"Thank you for coming in person."

Xiao Ma sent the guests out, and returned to the house to spread his hands in front of a group of business partners, let's let it go. I also looked for a pick-up before, but when they heard that they couldn't make a profit, they were immediately not interested.

The venture capitalists are just habitual negotiating skills. In fact, they have been instructed by the boss long ago, and they know it well.

Historically, IDG and Yingke, a subsidiary of Li Cucumber, each injected US$1.1 million and each acquired a 20% stake in Penguin. The bubble burst next year, and Pony was sold around again. It was not until 2001 that the South African company MIH came.

MIH first used 20 million US dollars to acquire 32.8% of the shares, and then acquired them from IDG and Yingke. IDG transferred 13%, leaving 7%. When I bought it, I spent 1.1 million and sold it for 10 million. I am very happy...

This time IDG has not come yet, and the era has come first.

A few days later, the two parties reached an agreement, and Times Wind bet $2.2 million, getting 40% directly.

…………

National Day is indeed the most special day.

Everything has to be delayed. It seems that once the National Day is over, hey, everything will return to normal, and even this chapter can be published.

Undercurrents are surging in the film industry, and imported films were banned in May for almost half a year, and the provincial companies could no longer hold on. Endure before the National Day, this will finally break out.

"Old Wu, old Wu!"

"Old Han, you can't do nothing but help me with a good word."

The office of China Film Group, representatives sent from various places, including the boss of Beijing New Film Federation, surrounded the two of them.

With tears in his eyes, he acted both hard and soft.

"It's too bad!"

"I can't hold it anymore!"

"We understand the national policy, but we have to be considerate and considerate of us, right? The 500,000 movie army can't help but eat!"

"It's not just to report to you, we have to go to Radio and Television to talk to the leader of Tian face to face! It's been more than 5 months, so let's lift the ban!"