Chapter 62 The New Team
Aditia was silent for a moment before finally nodding: "Yes, I must say that the future is long."
He said this sentence once, but the meaning of the two times was different. Last time, Adita just thought "face-to-face" was interesting and popular.
Until Wang Yang pointed out "face-to-face" in person, he could become Yahoo. Yahoo is not only very popular, but also very profitable.
For websites, as long as they are popular, have high click-through rates and many users, they can make money. Even if, from a business point of view, the website's operation is a loss and they have to keep burning money, just like Amazon, but as long as there are clicks and users, venture capital will rush up like a shark smelling blood, giving money to the website.
So this time, Aditia said that "face-to-face" has a bright future, and what she said is Qian Cheng who is "face-to-face".
Even if you can't become Yahoo, you can still become a second-level Internet giant.
The Internet is the most jealous gold mine for Americans today. Thinking about being able to become a billionaire in one day is enough to make people crazy, and there are not many opportunities like this.
If you are just interested, you can do it by getting together, but it involves interests and is particularly huge. You must pay attention to it seriously.
"Mindi, come here." Adita suddenly clapped his hands and asked Mindi to come over.
Mindy and Alvin were communicating the algorithm problem. Alvin's unique ideas and Mindy's profound theoretical skills made each other feel very rewarding. They even found a piece of paper and drew the algorithm structure diagram on it.
"What's the matter?" Mindy was obviously reluctant and was still drawing on paper.
Aditia shrugged helplessly and looked back at Wang Lei: "Rex, I want to join your team, so is Mindy. Our connections, creativity and technology can help."
"No problem." Wang Lei nodded and looked at Adita seriously.
Mindy is a nerd. Adita is a little better than him, but his personality is also dull and not good at speaking. He smiled awkwardly: "Rex, we have to make some things clear now. Mindy and I join the team, and we must be part of the startup team. Of course, we will not ask for the same treatment as you founding members, but we also hope to own shares in the website."
After saying that, Adita looked at Wang Lei nervously, afraid that he would refuse.
There is a good start to face to face. They have skills, but there are many people who know technology in Carnegie Mellon, and you can just pull out two of them.
In addition, Wang Lei’s ideas and Alvin’s skills are also very good. Their ability to launch the original “face-to-face” alone proves that they may not necessarily have to find them.
Wang Lei was about to speak, but Wang Yang 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 Adita and said, "This matter is a bit sudden. We have to discuss it, you can discuss it first."
Judging from Aditia's reaction, he did not consider the issue of shares at the beginning, but just regarded "face-to-face" as an interesting project. Now it is quite sudden for them to talk about this.
Wang Lei stood up, called Alvin out, leaving Adita and Mindy in the room.
"Rex, you can't give them shares. If you become Yahoo 'face', one percent of the shares will be hundreds of millions of dollars!" Wang Yang said anxiously as soon as he walked out of Adita'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 a living legend.
Among them, Bill Gates, Mike Dell, and Steve Jobs all dropped out of college and started from scratch, striving to form corporate empires, and many young students regarded them as idols and role models.
Compared to these idols, in the tide of the Internet, there is never a shortage of people building a website or a few paper business plans, and they get a lot of money from venture capital, transforming them into millions, millions, or even billionaires.
Wang Yang was obviously a little excited by this dream. He felt that such a great opportunity could not be given to others easily. Every time a point was given, the loss might be hundreds of millions of dollars.
Wang Lei shook his head gently. Of course, he knew the current Internet boom, a good concept, it was easy to get hundreds of thousands or even millions of investments from venture capital, but it would be difficult to get more than tens of millions of investments.
"Yang, if we want to become Yahoo, we must grow up first. Just relying on Alvin and you guys alone is not enough to support face-to-face development. We must increase our strength."
"Can they be added?" 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, $50,000 a year, and $500,000 a year. You can't use the $500,000 in the future in order to save the initial $50,000..."
Wang Yang suddenly grabbed Wang Lei's arm and shook it hard, looking very excited.
"Uh, what the hell is going on?" Alvin seemed a little confused.
"Aditya and Mindi want to join us, but they have to separate 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. Not to mention 50,000 US dollars, we can't even get 50,000 US dollars."
"Also, 50,000 US dollars is far from enough. Two fully devoted partners are equivalent to at least four employees, that is 200,000 US dollars. There are also servers, bandwidth, promotion... all of them cost money."
"Then find a way to make money. We can sell advertisements. I will do this." Wang Yang gritted his teeth. He was like Grandet, trying to guard every gold coin.
Wang Lei spread his hands: "Wang Yang, if the website is not bigger, no one is willing to advertise; if no one is going to advertise, we have no money, and if there is no money, the website is not going to be bigger..."
"This is a dead end, so all websites in the entrepreneurial period must face it, so there are angel investment, seed funds and venture capital. According to your idea, do you want nothing? Just rely on ourselves to do the best face to face and then go public on the Nasdaq?"
"You have to know that even Yahoo has conducted two rounds of financing within one year of its establishment, and the shares of Jerry Yang and David have been greatly diluted, which is impossible to avoid."
"What's more, Jerry Yang and David could initially use Stanford University servers for free, but we had nothing."
Wang Yang's face became extremely ugly. He also realized that his thoughts were a bit wishful thinking, but he still argued: "I know all of these, but what role can they play?"
"Technology, thoughts, servers, connections, and strength..." Wang Lei said to Wang Yang with his fingers.
"Face-to-face is just a seedling, or a newly sprouted seed. It will take a long process to grow into a towering tree. In this process, any storm and setback may cause him to die."
"It needs to grow, and it needs more nutrients. Adita and Mindy are new nutrients, and 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 in-person thing is time. Once others find that this website is promising, many similar websites will appear, flooding us if we can't take the lead in occupying the territory."
"Wang Yang, do you want to give others some branches to have the trunk of a big tree, or do you lose the entire big 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 look for venture capital directly, but two new partners, we don't know them at all."
Wang Lei patted Wang Yang on the shoulder helplessly. This guy is good at everything, has a flexible mind, an active personality, and is extremely sensitive in business. He just attaches too much importance to interests and is not open-minded enough, and often can't make turns.
"Yang, sometimes, money is far less effective than people. We have nothing now. Venture capital gives one million yuan and takes at least 50% of the shares, which is billions!" Wang Lei also learned from Wang Yang's method and directly calculated the market value that may be realized in the future to the present.
Sure enough, Wang Yang gasped in pain: "**, it's too dark."
Wang Lei smiled: "Capital is the darkest and unprofitable. Will they invest in you?"
"And you have to know that the energy that two people who are devoted to their work can exert is huge, but one million funds may be used up soon."
"So I still tend to accept Adita and Mindi join 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 thing. A good team can do ordinary projects well, while a poor team will make good projects rot.
"Face-to-face" has always been the ones Wang Lei and Alvin are taking care of. Wang Lei's planning, Alvin's technology, and the two of them work together to create this very interesting social website.
In fact, this website is still very simple, with pages, functions, management... all have a lot of room for improvement. The website needs to be further improved and developed. Wang Lei and Alvin seem to lack abilities, energy and time in terms of ability, energy and time.
They can hire people, just as Wang Yang said.
But hiring people requires paying wages and benefits. The IT industry is very popular and the wages of practitioners are very high, so they can't afford to hire them at all.
What's more, the initiative of the people they hire is not comparable to that of entrepreneurs. This is why American companies have become popular in recent years.
Only by becoming a member of the team, the owner of the company, and the initiative of people can be fully utilized.
This is particularly important for start-ups.
"Okay, you decided that 'face-to-face' is yours, and I don't belong to this team either." Wang Yang opened his arms, fell down and patted him on his body, and said with a little discouraged look.
"No, no, no, of course you are one of us. You have to help us sell advertisements and make money." Wang Lei immediately patted Wang Yang's arm and told him that he was very important.
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ps: Sorry, I can’t update the third day today. I’ll make up for it in two days. I’ll get married tomorrow and have more favors. I’ll make up for it on Sunday and Monday.
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Chapter completed!