After two days in Palo Alto, Summer then returned to Los Angeles.

Michelle helped him find a lot of investment projects, and he needed to go back and deal with it.

"Boss, these are some investment projects I have collected recently. Take a look." Michelle handed a thick stack of information to Xia Tiandao.

"Wow, so much!" Xia Tian said in surprise when he saw a thick stack of information on the table, probably without two hundred copies, and there were 100 copies.

"The past two years have been the peak period of Internet entrepreneurship. Almost every hour, a new website is launched, so there is more information on this aspect." Michelle explained.

Xia Tian nodded. The past two years have indeed been the peak period of Internet entrepreneurship.

After Bill Clinton launched the strategy of "building information highways", the emerging product of the Internet immediately received attention from capital, and a large amount of funds poured into this blue ocean, leading to the opening of Internet companies one after another.

Just like after the central government proposed "Internet +", online sharing, p2p financial management, Internet celebrity products, etc., spring out like bamboo shoots after the rain (dog urine moss). For example, Huang Taiji Pancake Fruit, Wukong Shared Bicycle, e-Runbao, etc.

Some of these websites have clear business philosophy and more practical profit models. Some are just following the trend, without clear business philosophy and do not know how the website should develop. There is no feasible profit model, and making money only exists in fantasy. Some online companies even bluntly say that they have not considered the issue of profit at present.

It can be said that it is a mixture of fish and dragons, and it is a muddy. But because it is the peak period of entrepreneurship, a large amount of hot money has influxed in, making these good and bad websites popular among investors, and a casual one can be valued at over 100 million US dollars.

To describe it in one sentence, it is "A pig can fly even when standing on the wind."

However, the wind is not always blowing. Although hot money is "hot", if you can't see any profit, then hot money will cool down.

At that time, the wind retreats, and no matter how high the pigs fly, they will still fall to the ground, and fall to the ground. Just like the messy shared bicycles, when they were just launched, they were called one of China's four new inventions and are quite glorious.

The valuation of a company can soar from 100 million yuan to 3 billion US dollars in one and a half years, up nearly two hundred times in a year, which can be called a myth of making money.

But then, shared bicycles have a huge disadvantage, that is, they have too much investment, too little profit, and they can't make ends meet. They are completely a bottomless pit for burning money.

Therefore, in less than three years, shared bicycles have gone from an emerging industry with unlimited glory to a rat crossing the street where everyone beats and scolds everyone.

...

Xia Tian looked through these information.

Indeed, many of them are Internet company information. In the summer, I also saw several very familiar websites, such as Yibei, Amazon, Yahoo, etc.

Yibei was founded in 1995. The reason why the website founder Pierre Bomidia founded it was just to help his girlfriend collect candy boxes.

But unexpectedly, this simple online auction website quickly attracted a large number of sellers and buyers, and even crowded the servers.

Bomidia realized the value of this website and immediately quit his job in a consulting company and devoted himself to entrepreneurship.

Today, Yibei already has millions of users and has a transaction volume of up to tens of billions of dollars per year, making it one of the most promising Internet sites. Therefore, its valuation is also very high, and its current valuation has reached 3 billion US dollars.

Xia Tian knew about the Yibei website. I remember that back then, it had entered China and acquired YiBay in mainland China. However, because Yibei's profit model is not suitable for China's traditional national conditions, it did not make timely adjustments, which led to Yibei's failure.

Taobao, which is founded by Yibei.com but adapts to the national conditions, has become China's largest shopping website and is even famous all over the world. This can be regarded as being superior to being superior to being superior.

However, Yibei was not completely failed. It is still one of the world's largest shopping websites, with a market value of US$30 billion. In addition, it also has a subsidiary, Paypal (PayPal), with a valuation of US$100 billion, so it can still be called an Internet enterprise giant.

...

Amazon was also founded in 1995 and is also a shopping website.

However, unlike Yibei, Yibei is equivalent to an auction company or market, which is only responsible for providing a platform. Buyers and sellers use this platform to trade, and Yibei takes a part of the commission from it.

Amazon is equivalent to an online bookseller, selling books online. Because it does not require a store online, it saves a lot of costs.

In addition, many bookmakers have the need to clear their stocks, so Amazon can work with them to get cheaper books. This makes books on Amazon usually cheaper than books in bookstores.

Therefore, Amazon has attracted many book lovers to visit, which has brought it a lot of customers and traffic.

Although Amazon is not profitable at present, it still wins the favor of capital. Its valuation has reached US$300 million.

...

Xia Tian knew about Amazon and had bought the kindel reader it launched. In his spare time, using kindel to read a novel is one of his biggest entertainment. The reading experience of kindel is also very good, and it is definitely worth the price.

In addition, Xia Tian also knows that Amazon is not just a bookseller. In fact, it is also the world's largest e-commerce company, selling products ranging from clothing, toys, snacks, electronic products to food, cosmetics, gardening tools, and even cars, houses, etc.

It even invested in filming and TV series. "The Strange Man of the High Castle" produced by it has received very good reviews in the United States. Its video website has also added millions of subscribers.

Today, Amazon has become one of the video websites that go hand in hand with flix, hulu, etc., and with the support of strong capital, it is entering the film industry as a disruptor, thus disrupting the entire Hollywood ecosystem.

The six Hollywood giants, Disney, with the highest market value, are only $150 billion. The six giants combined, the market value is not as valuable as Amazon.

Therefore, traditional Hollywood forces have almost no power to fight back in front of Amazon, which has a market value of nearly one trillion US dollars. After all, in the capitalist world, there is the greatest capital. Whoever has more money in his hands makes the most sense.

In addition, Amazon's cloud computing is also leading the world, accounting for 33% of the market share. In comparison, Alibaba and Barba only account for about 4%, a difference of nearly ten times.
Chapter completed!