Fan Wubing thought about it and felt that Fan Kang had probably never heard of this joke, so he started telling him.

A couple named Huang gave birth to three daughters, and they all reached the age of marriage. Due to their strict family tutoring, all three daughters were still virgin.

The couple surnamed Huang found a son-in-law of the dragon for their three daughters. As the day of the wedding was about to come, they couldn't help but worry. After a lively marriage, the three daughters and husband were about to leave home for their honeymoon. The couple Huang was very concerned about whether their daughter's first night was perfect. For their mother, they said to their three daughters privately, "Your father and I care about your wedding night, hoping to know whether you are happy. In order not to make your husband suspicious, you notify us in code words, and the happy daughters went out for their honeymoon."

A week passed, and the couple surnamed Huang received the first letter. When they opened it, they saw that it was written by their eldest daughter. The letter only wrote a few big words, Yalan Simmonsi mattress. Without saying a word, the couple immediately picked up the newspaper at hand and looked for Yalan Simmonsi's advertisement. Mr. Huang found it. The title was super large, strong and gentle. The old couple was very happy at the moment.

Seven days later, the second daughter wrote a letter and simply wrote Nestle Coffee. This time, Mr. Huang quickly found the advertising page of Nestle Coffee, with the main title being the last drop of joy. The couple hugged each other and were overjoyed.

Seeing that seven days passed again, until a month later, the couple began to worry. The letter from their third daughter was finally sent to them two months later. The words written on the page were very unclear. Mr. Huang took some effort to interpret it. It turned out that his daughter was writing Cathay Pacific.

Mr. Huang didn't care about wearing a coat and walked away. He ran to the nearest newsstand nearby to buy a newspaper. When he got home, he quickly flipped through the newspaper with his trembling hands to find Cathay Pacific's advertisements, and finally found it. Mr. Huang grabbed the newspaper and read it loudly. Before Mr. Huang could finish reading, Mrs. Huang had already fallen on the recliner with a bang. The title of the advertisement was, three shifts a day, seven days a week, and there was no rest in the middle.

After hearing this, Fan Kang couldn't help laughing. He laughed for a long time before saying, "Do you think it took so long for my sister to call back, so what association did she have?"

"Ahem," Fan Wubing said seriously, "Your idea is not pure. Jie, be careful that my sister will come back and hit your butt. I won't help you then."

"How could she know unless you go to inform me?" Fan Kang replied.

Fan Kang wanted to start a charitable fund, but Fan Wubing had no objection. However, the company's agenda that he had previously imagined to ask Fan Kang to go to the United States to make money was indeed mentioned at this time.

The madness of Chinese concept online stocks is that in the United States, the scene that was performed when the technology stock market was at its peak. Basically, there is a fixed pattern. Once the stock market rises, it will be the last moment of this market.

So before the collapse of the Internet, several Chinese concept online stocks in the Nasdaq market were in good condition, but with the collapse of the Internet bubble, the stock prices of most companies were not supported by actual performance, and finally plummeted and almost fell into junk stocks.

If you want to make money in the US stock market perfectly, you must use an Internet company with a strong Chinese concept in Nasdaq before the Internet bubble arrives, and then find a more suitable buyer and transfer the shares. This is naturally not as good as reducing the stock market, but the price is that it is faster. Otherwise, once the bubble bursts, everyone will lose a lot. Who has the heart to get involved in the stocks of such a company?

This year, China's Internet industry has shown unprecedented vitality. Although at that time, the development of intercom in China seemed a bit thin, according to NNI's report, the total number of domestic netizens was only about one million, and the international export was less than 100b, just like a young child who had just learned to walk. However, some industry insiders have sensitively realized that the storm of intercom is about to sweep across China, and a new era full of dreams and legends is coming.

At the beginning of the year, the first free all-Chinese email system in China began to become known, which surprised the first generation of Chinese netizens who are still less than one million. From now on, many people have begun to print email addresses on their business cards. Although in this era, the symbolic significance of this behavior is far greater than its actual value. However, this indicates the beginning of a new era.

In March this year, the first session of the Ninth National People's Congress officially approved the establishment of the Ministry of Information Industry. This marks the beginning of the long process of breaking the monopoly in China's telecommunications industry. It is undoubtedly good news for the domestic network industry. The high network usage fee has finally been reduced. The network industry, as a new pillar industry of the national economy, is also receiving unprecedented attention. Many people at the forefront of China's network industry clearly feel the warm atmosphere of spring.

Because she wanted to use network companies to make money in the United States, Fan Kang was also concerned about the development of the Internet during this period. He told Fan Wubing, "In July, the second phase of the China Public Computer Internet Backbone Network Project began. It is planned to expand the backbone bandwidth of eight major regions to 155, and replace all node routers in the eight major regions with gigabit routers."

Fan Wubing nodded. He also noticed this. The major media really cheered for such broadband for a while. However, I believe they will soon discover that in the Internet age, bandwidth is never enough. At this time, the netizens were happy to look forward to their "cats" running at full speed.

"Although it is not satisfactory in many aspects, things are developing in a positive direction," Fan Wubing told Fan Kang. "Our company is also vigorously expanding network infrastructure, and at the same time coordinating with the United States to double the export bandwidth. We must also make the satellite advantages as much as possible so that the network quality of Fan's Network Service Company will exceed the companies under the General Administration of Telecommunications."

Hardware construction will always be an important foundation for the development of all network technology. No matter how the situation develops in the future, the underlying network service providers will definitely make steady profits. Therefore, Fan Wubing must continue to maintain his advantage that can compete with the network service technology of the State Administration of Telecommunications, or even continue to carry forward it.

"Have you read this month's Time Magazine?" Fan Kang asked.

"I rarely see that kind of thing, and I don't publish my cover photo. What do I see it doing?" Fan Wubing replied.

"If you think this way, it's still beneficial." Fan Kang shook his head and said.

It was this month that Sohu President Zhang Chaoyang was selected among the 50 "digital heroes" in the world selected by the famous American Time magazine.

So Zhang Chaoyang naturally became the focus of the domestic press, with various reports related to him overwhelmingly, and his entrepreneurial stories were regarded as legendary, becoming the second second in Yang Zhiyuan. The images of domestic "digital heroes" represented by him gradually began to be deeply rooted in people's hearts.

In fact, in February this year, the first professional search engine site in China was officially launched. Within one month after the website was officially launched, the average daily visits were about 1.20,000, and the page traffic exceeded 100,000 pages per day. With such a nearly shabby number of visits, the website quickly became one of the most popular websites in China. The name of this website was later known to almost all domestic netizens, and it was Sohu.

At this time, Sohu's domain name was a very difficult name to remember, and the digital hero Zhang Chaoyang was carefully cloning a Chinese clone for Yahoo, which was already in its prime at that time, hoping to move Yahoo's success to China as well.

Two months after Sohu's website was launched, Sohu received its second venture capital since its establishment. Investors include Intel, Dow Jones, Hang Lung, IG International Data Group and Harrison, the United States. At that time when many people still don't know what venture capital is, this was a very commendable achievement, although the investment totaled less than two million US dollars.

At the same time, another of the three musketeers in the Chinese Internet industry, Ding Lei, is vigorously tinkering with NetEase's free emails, free e-greeting cards, free homepage space, free domain name system and other a lot of things that start with free.

After NetEase's free email system achieved unprecedented success, many local information ports and online companies purchased this product, so NetEase has obtained extremely considerable profits. It is precisely through the funds obtained by selling the free email system that NetEase has independently supported itself with its own funds for a long time in its early operation without any external financing. This is also one of the main reasons why Ding Lei had such a high shareholding ratio in NetEase.

However, from Fan Wubing's perspective, NetEase's most praised service at this time was not free email, but they were the first to launch a free personal homepage space system in China.

At this time when Chinese information resources are relatively scarce, the service launched by NetEase not only cultivated a large number of web designers with professional production standards, but also these various personal websites have greatly enriched Chinese network information resources.

It can be said that the reason why NetEase has established a good reputation on the Internet was first due to this free personal homepage space service, and this good reputation has also laid a solid foundation for NetEase's future development.

As another of the Three Musketeers, Wang Zhidong, who founded the number one portal site Sina.com, had not yet created Sina.com. The predecessor of Sina.com, Sitonglifang Information Technology Co., Ltd., opened a World Cup special site in May and became the only Chinese site designated by France. After the summer of France, which has caused hundreds of millions of fans to start, the number of visits to Sitonglifang World Cup sites has also increased every day, quickly hitting a huge number at that time, with two million clicks a day. This seems like a miracle now. This successful operation has made the general public gradually recognize the value of the Internet as an emerging media.

Fan Wubing has always been concerned about the development of the three major portals in the future, so he is very clear about what these three people are doing now. When chatting with Fan Kang, he said to him, "If you have time, it is best to go and contact these people to show that you are more interested in network technology. It is okay to buy some shares from them, and it is best to get some US dollars to ensure it is easy."

"Since you want to do it, isn't it easy for you to do it yourself? Why do you have to join in the fun with others?" Fan Kang was a little puzzled by this. He felt that since he had decided to set up an online company and build a portal, why did he have to partner with others?

Besides, isn’t funding for other people’s development equivalent to providing bullets to the enemy? And it is very likely that these investments will not be recovered at all.

Fan Kang has studied venture capital for a while and knew that this is different from a loan. He said that if he got a water puff, he would get a water puff. If you throw money into the water, you can still hear a sound. If venture capital fails, you can't even hear a sound.

"This is a completely different effect." Fan Wubing immediately explained, "Owning your own website is nothing more than two results. One is to be fattened and sold, and the other is to keep it. No matter which one is, it takes a lot of effort and is not that easy. Acquisition of other people's shares as shareholders is simply a venture capital investment. As long as the other party can become bigger and stronger, your investment will be rewarded hundreds of thousands of times, and the high returns will shock you, and it doesn't require you to spend any effort on your own."

In fact, this is an important reason why venture capital is very popular overseas. Because there is too much hot money overseas, everyone needs to invest this hot money in various projects, not to find work for themselves, but to try to make the funds flow and achieve value-added as much as possible.

Generally speaking, if one hundred investments are spent, there will always be more than a dozen projects. If one or two projects are successful, the investment in one hundred projects will be rewarded, while the others will be pure profits.

For entrepreneurs, venture capital is life-saving money, but for venture capitalists themselves, this money is actually a burden. Only by allowing them to flow can they not depreciate and bring profits to themselves.
Chapter completed!