The Millennium Semiconductor Survival Guide.

Chapter 51 Visiting Google
Google is a giant that cannot be bypassed in the development of the Internet. From search engines in the PC era to operating systems in the mobile Internet era, they are all inseparable from Google.

Even at the beginning of the era of artificial intelligence, Microsoft relies on ChatGPT to conquer the world, and the industry recognizes that the only giant that is most likely to produce products of the same level or even surpass ChatGPT products is Google.

Even though Amazon's public cloud business has a global market share of more than 40.00%, it has the world's number one computing power.

Amazon is also a giant at the same level as Google, but people still only trust Google in the field of technology.

This is the deep-rooted impression that Google has left on people in the technology field.

Google's success is not only at the technical level, they are also successful in the business field, and the advertising model they invented has not become outdated until today.

Zhou Xin is very excited to invest in such a great company. In his mind, the top three companies in the Internet era are Google, Microsoft and Apple.

As for before and after, the benevolent sees the benevolent and the wise sees wisdom.

The commercial innovation of Internet companies in Huaguo is absolutely no less than that of their foreign counterparts. The innovation at the product level is still amazing, but it is followed by lackluster technology.

The giants headed by BAT have invested heavily in research and development, but they have not seen any shocking results.

When ChatGPT became a global topic, Huaguo Internet focused on discussing whether the castration of Chinese corpus would affect the training of AI models.

This should not be a topic to be discussed after ChatGPT has been developed. This should be a topic to be discussed in the embryonic period of AI in 2016.

Go back to California in early 1999. At this time, Google was still in Menlo Park, California, and had not yet moved to Palo Alto. Palo Alto had several other well-known start-up technology companies at that time.

Sergey Brin seemed much more introverted than Larry Page. He didn't get up but just sat on the sofa and said lightly: "Hello, welcome to Google."

Is Google short of money right now?

There is no shortage, they have obtained initial funding, and a considerable part of this initial funding comes from Amazon founder Bezos.

When Google first invested only $[-], it was obviously short of money. However, after receiving a part of the investment from Bezos, with Bezos' endorsement, more investors were willing to invest in Google one after another.

At this point they had raised $100 million in funding.

So Larry Page and Sergey Brin are willing to meet Zhou Xin, money is only a minor factor, the more important reason is that Zhou Xin's products make them feel cool enough.

In Silicon Valley's engineering culture, being cool is important.

"Look, this is our first office computer, and the whole case is made out of LEGO"

First, Larry Page took Zhou Xin and Wu Shiqiang to visit Google briefly.

During the whole process, Wu Shiqiang had doubts in his heart, because he didn't understand search engines.

To put it simply, Yahoo belongs to the first generation of search engines. It mainly stores various directories of various websites through manual classification, and then provides them to users to find websites.

This kind of search has an upper limit, and users can only find web pages, but not content.

The second-generation search engine is Google, which uses keywords to search for corresponding web pages based on content.

Wu Shiqiang has no concept of the difference between them. After listening to Larry Page's brief introduction, he believes that the business of this company and Yahoo have a high degree of overlap.

Since there is a high degree of overlap, there is already such a successful company in front of Yahoo, so what is the significance of their investment in Google.

Is it just because Yahoo copied content from Riot Games, the boss wants to invest in their competitor, and the enemy of the enemy is a friend?Wu Shiqiang thought to himself.

Then he felt that from the past few days of getting along with Zhou Xin, the other party's thinking was very mature and he would not have such thoughts.

Combined with what Zhou Xin said to him yesterday, Wu Shiqiang believes that this company must have its unique value, which he failed to discover.

"Our technology in the search engine field is absolutely ahead of all other companies.

Compared with Yahoo, we can find exactly what you are looking for.

I use yahoo and I need to type riot games to find Riot Games' official website and electronic community.

With Google, I type in Angry Birds or an SMS verification code, and this keyword can accurately locate your page. "Larry Page said clearly.

He is a natural propagandist who can accurately pass on Google's advantages to investors, otherwise it would be difficult to attract a bigwig like Bezos in the initial stage.

Amazon's market value at this time is close to 300 billion US dollars, and its founder is no exaggeration to describe it as a big guy.

"I am willing to invest in you at a valuation of 1000 million." Zhou Xin was straightforward.

This price is the price he gave after consulting Goldman Sachs.

Because of Bezos, Wall Street investment institutions are also paying attention to Google, and their valuation is around US$1000 million.

Of course, if it comes to June, Sequoia Capital and KPCB will participate in Google's next round of financing at a valuation of 500 million US dollars.

KPCB is the largest venture fund in American, and it mainly undertakes the asset investment business of famous schools in American.

Sergey Brin, who had been silent before, spoke up and asked: "When we were looking for investment, investors would ask us a question, that is, how to achieve profitability.

They hope that the answer we give is that Google is targeting Yahoo, and even if it cannot surpass Yahoo, it will eventually be listed on Nasdaq. "

In the minds of investors, it is not only the top-ranked companies that can go public. Under the premise that the market capacity is large enough, the companies behind can also have the opportunity to go public.

Investment in the primary market and investment in the secondary market have completely different logics. The secondary market should focus on the leader and the moat of the company.

There is no need for the primary market. The primary market chooses a track with a large enough capacity. If the company you invest in can be listed, it is already a great success.

Zhou Xin thought for a while and said, "It's not important.

In my mind, Google's profit model is actually very clear.

It's just that you haven't thought of it yet. "

Larry Page became interested in an instant: "For example?"

This is no secret to them, and it was only a year late for them to explore it themselves.

So Zhou Xin replied directly: "Advertising.

Yahoo can charge for advertising banners, and so can you.

Yahoo's search engine relies on human labor, and their cost determines that it is very difficult for them to achieve profitability.

The larger the scale, the higher the labor cost.

And you provide better search services through the innovation of technical architecture, and the price is even lower.

In the process of negotiating with the advertiser, you will have more flexible bargaining space than Yahoo.

User experience leads your users to catch up with Yahoo, and cost determines that you have stronger sales capabilities. "

　There is another chapter to be updated tomorrow morning. I have been working a lot of overtime recently, and the update is unstable. Sorry.

　　
　
(End of this chapter)