Chapter 32 Investing in icq
Weisger, Wadi, Gordefinger.
Through a simple conversation and self-introduction, Zucker confirmed the names of the three of them. They had just completed their military service in Israel and were discharged from the army. When they learned about this exchange activity in Silicon Valley, they flew to the United States.
They had the idea of creating icq a few months ago.
They found that e-mail boxes on the Internet were often filled with a lot of unimportant information, which made some very important information submerged and did not receive timely feedback and responses. So they decided to invent a software that conveys information more quickly and directly.
In this way, the world's first chat software icq was born!
Even the QQ of Greater China was founded by imitating qicq. However, qicq is from pirated icq.
Some cafe.
"Three, can I take the liberty to ask you what progress the development of your icq software has reached? Of course, if it is a commercial secret, you don't need to answer." Zhu Ke said.
Weisger, Wadi and Gordefinger looked at each other.
"Mr. Wald, there is nothing hard to say, because we have just completed military service and have only completed the preliminary work of IQ. When we return to Israel, we will start formal R&D and programming."
The three icq creators are not ordinary people.
Especially Weisg!
After Weisger succeeded in the ICTQ project, he has invested in more than 80 Internet companies, and 5 companies have successfully listed, and he will be a billionaire with a net worth of billions of dollars in the future.
He is shrewd!
In other words, those who can succeed are smart people without coincidences! The reason why he is willing to say it is simply to see that Zhu Ke is interested and has an intention to invest.
"Three, if possible, I'm willing to invest in three icq projects." Zhu Ke said without hesitation.
Upon hearing this, Weisger and the other two were immediately ecstatic.
“Great, our project can start right away.”
"Yes, Weisger. We'll be able to make it soon."
.........
Among the three, Wadi and Gordfinger were very excited on the spot and all imagined them.
Weisger looked at Zhuke and said in a deep voice: "Mr. Wald, we thank you for your attention. We are willing to accept your investment, but there is a premise that in angel investment, I, Wady and Gordefinger, as the founding team, need the controlling stake in icq."
"No! No~!"
Zhuke shook his head on the spot: "Three, you are the founding team, there is no doubt about this, but I am the real dollar I made. In the first round of angel investment, I occupy the dominance of icq, which is my right and interest."
"Mr. Wald, we cannot accept this."
Weisger vetoed.
In the following time, Zhuke and Weisger discussed the dominance of icq. As for the other two creators of icq, they were not as smart as Weisger, and they watched the whole process and became the melon-eating crowd.
During the debate, Zhu Ke thought of putting aside the three of them and forming a team to develop icq.
But.
These three guys, or Weisger, are so terrible. The reason why this guy spoke to Zhuke was because he was sure to make Zhuke compromise. As early as the first step they took to the United States, they contacted a lawyer to apply for IQ patent.
(The United States is sometimes so fucked. It is impossible to help but develop completed technologies that can register patents, and even technical ideas can be used to register patents.)
Weisger, who had the patent in hand, completely blocked Zhuke's path to copycat.
Of course, Zucker is not afraid of this.
Isn’t it just a lawsuit? Are you still afraid of this now living in the United States?
However, whether to be afraid or not is a problem. Zhuke doesn't have this time or not enough energy is another problem. The most important thing is that Zhuke is right to use QQ and IQ, but he doesn't understand how to develop it! Even if he finds a group of professional IT workers to program, after the development is completed, Weisger and the other three may have already launched IQ.
Compromise!
That's right, Zhuke is so unstoppable!
"Okay, you convinced me." Zhuke said.
"Thank you, Mr. Wald, I'm sure we will never let you down."
The next morning, Zhuke and Weisger completed the signing of the investment contract under the witness of their lawyers.
Zhuke invested US$400,000, occupying 40% of the shares in the IQ project. In the subsequent A, B and C rounds of investment, Zhuke also enjoys the priority of continuing to invest.
"I don't think the company's office should be set up in Israel. We should know that Silicon Valley is the center of the Internet in the world today," Zucker suggested.
As for the company location, the three of them readily accepted Zhuke's suggestion.
After all, Zhuke had a building on the periphery of Silicon Valley, and it was no problem to rent it to them.
rent?
That's right, it's just renting!
One thing goes back to the other, and it must not be confused. This is also Zucker's principle that follows the laws of business.
After Weisger and the other two left, Zhang Wei, a private lawyer for Zhuke, said: "Boss, $400,000 is nothing to you, but do you really think it can be successful?"
"Haha." Zhuke smiled mysteriously.
Is the Icq project successful?
It’s considered successful, not considered successful!
Once this software was launched, it responded immediately globally. With unprecedented creativity, it soon had a large number of users around the world in just half a year. Even in Asia, where the Internet was not very developed, the market user base accounted for 70% and 80% in the Great Heavenly Kingdom.
In 1998, AOL (American Online) acquired icq at a high price of $407 million at the time.
In this regard, icq was successful. You should know that at that time, Tencent’s Xiaoma had not yet founded Penguin Company.
However, if icq is not considered successful, it is indeed not considered successful.
Because it did not achieve the expected profit!
During its development, due to the failure of many decisions, it did not take the right path, nor did it effectively utilize its huge number of users to achieve the egg-changing of related industries, such as games, film and television. At the same time, it did not develop non-English icq versions.
This is especially fatal!
This has led to many non-English speaking countries having a large number of chat software in their own languages, such as the birth of QQ in the Great Heavenly Dynasty.
(In fact, even if icq develops a Chinese version, it will not be able to occupy the market of the Great Heavenly Kingdom. Looking at it in 2020, whether it is Amazon or Google, which one is not famous, isn’t it all the Great Heavenly Kingdom’s failure?)
In 2010, American Online sold icq to Russian investment company DST for US$187.5 million.
"It's so pleasant to invest in icq successfully!"
Zhuke couldn't help but feel happy and thought that he would participate in more such activities in the future.
"" was collected yesterday and exceeded 500. The Minister here again thanks everyone for their support. I will continue to work hard.
Chapter completed!