I Am A Trilionaire - Chapter 17
In Henry’s view, Netscape’s list was a little earlier. In his previous life, on the day Netscape went public, its market value had reached 7.1 billion US dollars, and it exceeded 20 billion US dollars at the end of the year. Netscape’s current market value is only more than 500 million, with relatively few losses. But to get development funds, Henry had to do it. To make trade-offs between the future and the present, Henry thought more about the future!
Small losses now, big profits in the future!
After obtaining 100 million in funds, Henry decided to reorganize the Nicholas Bookstore and set up the Nicholas Group of Companies, which had the Nicholas website, the IMDB website and a registered subsidiary, Netscape. Aside from selling books, Nicholas’ main business will be gradually adding new products, and the first attempt is video recording. With the influence of the IMDB website, Nicholas must be able to work with film companies!
The establishment of the IMDB website was actually a bureau under Henry Bu, and that was also the reason why Henry wanted to build a film website. It’s impossible for Nicholas to only sell books, have to grow, have to sell more products, and have to become the biggest integrated online retailer!
In addition, the Nicholas Group will establish a global online company and open up online service functions, primarily providing email, online search and entertainment news.
Is AOL really that great? Brother Global Online! ! !
In terms of online browsing, with the Netscape browser, online global has inherent advantages.
In terms of entertainment news, the IMDB website will also provide the greatest help for the online world.
Now the only bad thing is email. In October 1969, the first email appeared in the world. But email now is junk. The reason why it’s called garbage is because it’s not a graphical interface. How this can be tolerated, and this type of e-mail can only be used at home or on a corporate network computer, which is equivalent to binding e-mail to a computer. !
Too inhumane and absurd! ! !
It must be changed!
Henry calls the staff and makes two requests to them.
First, email must be a graphical interface, and the interface must be simple and concise.
Second, users can manage accounts and send email through the Netscape browser.
Henry doesn’t want to make e-mail a luxury, he has many functions. Now because there aren’t many netizens, we must first give them the simplest and most needed things. Because the best email is not the most functional email, but the most suitable email! ! !
In October, the Nicholas Group registered its subsidiary, Global Online, and registered the domain name.
Management of US government domain names. Henry thought about it. In 1993, Network Solutions (NSI) signed a contract with the US government to get an exclusive agent for registration rights from three international-level domain names. COM, .ORG, and .NET. It seems that he can do the same thing. With this exclusive agent right, NSI can charge a registration fee of US $ 100 per domain name per year, and two years later, NSI will charge a management fee of US $ 50 per year. NSI has made a lot of money. Think about how many domain names will be on the Internet in the future. I am afraid it will reach tens of millions. If you charge a registration fee, you can get hundreds of millions. Then you have to charge management fees every year. This is better than selling internal organs!
Without saying anything, Henry sent someone to negotiate with the relevant government departments.
This negotiation took the shortest amount of time, and in short it surprised him.
ten minutes!
It only takes ten minutes!
Henry sent his own legal counsel, Lawyer Will, to speak. After Will left, he immediately explained his intention. The US government said that it could consider it, and then discussed the issue of exclusive agent fees. The US government says that exclusive agency fees are 100,000 dollars in 5 years, 1 million in 10 years, and 10 million in 20 years. It seems that the US government also knows the importance of domain names.
Before Will came, he had been authorized by Henry, one million in 5 years, 10 million in 10 years, and 100 million in 20 years, but he did not expect that the conditions provided by the US government were far lower than Henry’s expectations!
In the interest of customers, Will will cut the offer, but the US government is determined not to give up. In desperation, Will had to negotiate these conditions with the US government.
Henry was very happy when he heard the news and hurriedly urged the US government to sign.
A week later, Henry brought Lawyer Will to sign a contract with the US government. Henry naturally signed exclusive agency rights for 20 years.
This cannot be blamed on the low view of the US government. There really are less than a thousand domain names in total, and it is difficult to see profit prospects.
Henry created a special company for this purpose, called the “Domain Name Management Company,” and then recruited two or three people to address the initial development. After the establishment of a domain name management company, Henry inevitably developed a little thought, a small desire, namely registering the domain names of the world’s 500 top companies, and then waiting for them to buy them back from his own hands!
Thinking that in the future, top-level domain names could be auctioned in the tens of millions of dollars, Henry felt a little waiting for him.
Henry has now created a domain name management company. It doesn’t cost a lot to register your own domain name, and there are no management fees.
Unfortunately, this is the United States. Monopoly crime is too serious. If someone is careless, it is very likely he will be invited to drink tea.
Henry holds back.
In fact, the establishment of a domain name management company can not only bring Henry great benefits, but also monitor the development of the global Internet! Henry knows exactly how many domain names and websites have been registered throughout the world, which will play a big role in the layout of his future!
…
Geely Hutt began actively contacting major Hollywood studios and discussing with them about selling online video cassettes. Film companies can have one more sales channel, and they certainly love to see it. And because of the unlinking of intermediaries, even if the website sells at a low price, large movie companies actually do more!
Geely Hutt signed a long-term contract with them. The contract content stated that the Nicholas website obtained exclusive rights to sell film and video tapes from six major film companies, and the Nicholas website could get a 1% discount from each transaction. Nicholas’ website is obliged to promote and advertise film company video tapes.
Despite the simplicity of the agreement, in reality, a pure film company was to raise money, and the Nicholas website had to build a warehouse and a logistics system, doing more than what the film company was doing.
In November, the Nicholas website was officially revised and film video tapes were released. Combined with data on the IMDB website, each film cassette has a detailed introduction and picture, as well as IMDB ratings and reviews. On the IMDB website, a link to the Nicholas website will be provided under each book.
The Netscape browser is also starting to appear, highly recommending online shopping for movies and video tapes!
After repeated bombings, the performance of the Nicholas website is popular.
One week’s sales of film and video cassettes were staggering, reaching more than 20,000. Book sales have also jumped, with four thousand copies sold in a week.
The Nicholas website takes advantage of this popularity, and registered users exceed 10,000! In 1987, when there were not many Internet users, this was an extraordinary number.