As for the globe, which provides social services, geoities that provide personal customized web pages, webvan, which provides online express services, the market prospects are not so good in the summer. Novels.

Although the-globe provides social services, it mainly exists in the form of a chat room.

Chat rooms are one of the most mainstream ways of socializing in the early Internet. As long as you log in to that website and enter the chat room, you can communicate with people. But generally speaking, it is a communication between strangers and strangers, and the stickiness is relatively low.

Therefore, it was later replaced by real-name authentication social networks like QQ and real-name authentication like Faebook.

Geoities that customize web pages for individuals are indeed very creative. However, this type of product, like the popular blogs back then, can meet the needs of some netizens, but lacks profitability.

To customize web pages for individuals, the website not only needs to provide technical support, but also needs to provide huge storage space. In order to prevent people from using personal web pages to commit evil, strict review measures are also needed, machine review and manual review. These require a lot of funds to maintain.

However, from the perspective of personal customization, both the user belongs to the user. If the website wants to add advertisements, it is unreasonable in terms of favour and morality.

Just like the free online disks launched by Tengxun, 361, Video, Baidu and others back then, it cannot be said that because it is a free space, the website has the right to stuff garbage into netizens' online disks.

But if you cannot post advertisements, then there is no way to make a profit in this type of website.

What's more, netizens who can manage their own customized web pages are a few after all, and many people are not good at managing their own customized web pages.

Not only is the interface not beautiful, but the articles written may also be textually rubbish, which makes it difficult to attract netizens to browse these web pages, resulting in a decrease in the number of views of the website.

Therefore, such websites will eventually become niche carnivals, or lower the threshold, which will lead to bad money driving out good money, causing the entire online community to fall into depression.

Just like the popular school network back then, at the beginning, the entire community was cleaner because the users were all students. But later, the school network was changed to Renren. When everyone could register, the pure and clean atmosphere of the school network was immediately ruined.

Various advertisements, chicken soup articles, rumors, etc. fill the Internet, causing the community environment of the school network to deteriorate drastically. In addition, the emergence of new ways of dating such as Weibo and WeChat has caused Renren to decline rapidly.

So although geoties is currently known as the third largest Internet website in the world, in summer, this website has basically no future and no investment value.

...

As for webvans that deliver fresh food services online, it sounds like SF Express, Hema Fresh, etc., they all open online supermarkets themselves, and users place orders online, and send people to ship them directly on the website. It seems to have a great profit prospect, but in fact it is a very big pit.

Because Hema Fresh says that the store is located in a downtown area, and it is agreed that the store will be delivered directly within three kilometers of the store and thirty minutes. This sets a range for the service. Outside this range, no service is provided, which controls the delivery cost of Hema Fresh.

For example, there are dozens of fresh food orders in a downtown area. Hema fresh is delivered in one place, and the cost can be shared, so the delivery cost is naturally low.

But if it exceeds three kilometers, you may go to the countryside in the suburbs, with fewer users and fewer orders, so the cost of delivery will undoubtedly double, which is not cost-effective.

Like SF Express, it is based on SF Express’s already developed logistics system. Its logistics system has been established, and more goods will not put too much pressure on it, but will provide it with more business opportunities. Therefore, it is natural to start your own online supermarket.

Webvan neither has a developed logistics system like SF Express, nor does it limit the service scope like Hema Fresh. Instead, it has to build logistics, warehousing centers, and serve citizens within a 60-mile range... The ambition is not small, but the cost is also ridiculously high.

When building logistics in the United States, it is not about transportation costs or rental costs, but just labor costs are ridiculously high, so it is purely a daydream to build logistics.

Even giants like Amazon with a market value of nearly a trillion dollars are cautious and trembling when building their own logistics channels, not to mention small companies like Webvan that have not yet achieved profitability and are valued at most several billion dollars.

So in summer, the concept of webvan selling fresh products through the Internet is good, but unfortunately it went astray when it was executed. Once it went astray, it would be difficult to correct it.

Webvan has invested $40 million to build a warehouse in San Francisco and is preparing to serve citizens within 60 miles. Let it stop now, what to do with the money invested before, how to explain to investors, and how to explain to users...

...

Xia Tian then sent someone to discuss the acquisition with four websites: hotmail, razorfish, broadcast and govworks.

There is no airtight wall in the world.

Xia Tian had just sent someone to contact these websites, and within a few days, the news was spread all over the streets.

Competitors who heard this news, such as Microsoft and the investors on Wall Street, were all surprised.

Because he rarely invested in Internet companies before the summer, he usually invested in hardware companies like Ati, SanDisk, Kingston, and software companies like EA, Interplay, and Origin Studio. But he really didn't invest much in Internet companies.

But now, Xia Tian has taken action against Internet companies. This is definitely a red flag for his competitors.

Since Bill Clinton came to power and promoted the construction of the Information Highway, the saying that "the Internet is the future" has become increasingly popular, so matters related to the Internet have been popular.

Not to mention beauty, just Hong Kong. In 1994, artist Chen Baixiang and celebrities such as Cheng Long, Mei Yanfang, and Tan Lin jointly raised tens of millions of Hong Kong dollars to establish Oriental Charming Company.

In fact, it is just a website with celebrities, but because it is related to the Internet, after its listing, its market value once soared to HK$2.5 billion.

Therefore, major investors and giants all attach great importance to the Internet and hope to get a share of it. Now I heard that Xia Tian is also interested in the Internet, and they are afraid that summer will enter the market and take away their share of cake, so they are naturally frightened and hurriedly chased and intercepted him.

He went to negotiate four websites and soon welcomed a large number of investors, rushing to bid, hoping to buy them before summer.

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