In 1994, Jerry Yang co-founded yahoo!, the world's first portal, Yahoo!, and Washigh Yang was known as the "first person on the Internet of the century" who opened the Internet era for mankind. This year, ma yun, who was still working as a translator, traveled to the United States on a business trip, saw the Internet for the first time, and the seeds of Alibaba were quietly planted in Ma Yun's heart.
Twenty-two years later, Yahoo, once rich, has fallen to the point of selling its assets at a low price. And the seed buried in Ma Yun's heart has long grown into a towering tree and a dense forest.
Speaking of Ma Yun's great achievements at present. Many people feel that Ma Yun should thank one person - Japan's SoftBank Son Masayoshi. Alibaba, founded by Jack Ma, was in urgent need of external capital injection to take off. After being rejected by 37 domestic investment companies, it was almost desperate. Ma yun talked to Son Zhengyi for 6 minutes and then obtained his $20 million financing. Since then, Alibaba has begun to expand.
Speaking of Ma Yun's benefactor, Yahoo is also Ma Yun's benefactor, the great benefactor. Without Yahoo Yang's discernment and sword-drawing help, there might not have been Jack Ma and Alibaba today.
In 1997, during Yang's visit to China, Yang befriended Jack Ma. At this time, Yang Jerry is already a rising SuperStar, and Ma Yun has just experienced the failure of his first venture and has not yet become famous. At that time, Yang Was very optimistic about Ma Yun and issued an invitation to join Yahoo. Ma Yun declined, and the two became friends ever since.
In 2005, Yahoo and Alibaba finally joined hands. At that time, Taobao and eBay were fiercely at war, and the media called it "ants fighting elephants". In the end, Taobao defeated eBay, but Ma Yun spent a huge amount of money on it. At this time, Ma Yun was once again in financial difficulties.
When Ma Yun needed money the most, Yahoo stood up. Yahoo invested $1 billion in Alibaba, a one-third of Yahoo's total capital at the time. Son's $1 billion knife is as important to Alibaba's history as Sun's investment in the early days.
At least the people believe that Yang Zhiyuan is Ma Yun's Bole and great benefactor. In addition to digging ma Yun, Yang Jiyuan himself was an Internet legend of the year.
In 1994, Yang founded Yahoo Yahoo! In 1996, Yahoo was listed on Wall Street, and the 28-year-old Yang became a billionaire. Yahoo's market capitalization peaked at 140 billion. Unfortunately, these are a thing of the past. Today's Yahoo has fallen to the point of selling assets cheaply. The current market valuation of Yahoo is only 5 billion.
The Internet industry is developing rapidly and the competition is fierce. The former Internet giant, Yahoo, has fallen. Who will be next?
Wen 丨 Li Minmin, original debut.
Unauthorized reprint, author WeChat: weiyingxaoLI