Chapter 50 You Don’t Dare to Copy Even If You Give It to You

David Filo's eyes twitched involuntarily at Milo's words, and his expression became a little embarrassed. He and Jerry Yang looked at each other.

Milo was right, if he hadn't said that these ideas were already protected.

These two people would definitely copy immediately after he left! But the situation is different when the creativity is protected.

Although the relevant legislation on the Internet is not yet clear, the United States is already number one in the world in terms of copyright and patent protection.

In particular, both of them knew that the young rich man in front of them came from a Boston consortium.

If the company really copied his ideas, he would have backed them up and protected them in advance.

Then Yahoo will definitely not be able to withstand the attack from the other side.

Milo watched the performance of the two people and felt a little proud.

It is definitely a joy to see these smart people get humiliated.

"David, Jerry, don't worry. Those few small ideas I mentioned are just some ideas from Yahoo's experience. The truly valuable ideas are all here. I think you will like them very much! Guys."

Milo smiled, pointed to his head, and winked at the two people who were looking at him.

"Oh, Milo, you should know that you are one of the largest shareholders of the company. Shouldn't you care more about the company? The stronger the company is, the more benefits you will get!"

David Filo wants to play the emotional card.

But Milo just smiled and said, "What are you waiting for? Let's go to the meeting room and finish this quickly. I have to go somewhere else!"

The two groups of people surrounded their respective bosses and walked towards Yahoo's conference room.

The place had already been cleaned up by staff and mineral water was placed on every seat.

After the two groups entered the meeting room, they sat down next to each other and then the meeting began.

The meeting was supposed to start yesterday, but because Milo was shot, it was postponed to today.

The reason why Yahoo invited Milo was because the two founders of Yahoo were ambitious.

Not long ago, David Filo and Jerry Yang invited people from Sequoia Capital.

A meeting was also held and the results were very good.

So they continued their efforts and immediately invited Milo.

The idea behind these two Yahoo founders was simple: they wanted power.

Milo and Sequoia Capital each hold a 35% stake in Yahoo.

Jerry Young and David Filo jointly hold 30%.

At that time, there was no legend of Netscape going public.

Yahoo’s situation is also not good and it is running out of money.

Yahoo wasn't worth much at that time.

Milo and Sequoia Capital came forward together and successfully acquired so many shares.

But times are different now, with Netscape's successful listing.

The tide of the Internet is already upon us, and the continuous bells of Nasdaq are about to ring.

In just a few months, Yahoo's valuation on Sand Hill Road and Wall Street increased nearly tenfold! No less than ten groups of people have come to contact Yahoo, David Filo, and Jerry Yang.

Of course these people want to invest in Yahoo, or is it because these two are so handsome?

The prices offered by these people are very tempting, and may even allow the two to achieve financial freedom early.

The problem is that the majority of Yahoo's shares are not owned by the two of them.

Jerry Young and David Filo were embarrassed to find that if they wanted financial freedom now.

Then you have to sell most of your stocks.

But after selling the goods, they really become pure workers.

Some people said that they could sell the stocks and get the money first.

Then why not just create a Yahoo?

By then, wouldn’t they have the money and a new company? Anyway, they have the ability to do so.

However, reality simply does not allow this to happen.

Even if we don’t consider Yahoo’s biggest advantage, the first-mover advantage.

Jerry Young and David Filo couldn't do that either.

Because when they sell their stocks, they will definitely be subject to a non-compete agreement, and they will be required to stay in the company for a certain number of years.

So there is no such possibility at all, unless you meet a big fool to take over.

But if I don’t sell it, I will just watch the green US dollars go away from me.

The two were very unwilling.

They are obviously the founders of the company!

Both of them privately regretted accepting Milo's investment a few months ago.

If I had been patient at that time, I could have survived a few months.

At that time, it was less than a month before Netscape went public.

If they had held on at that time, the shares held by both of them would not be less than 25%.

It’s not like now, when we only have a mere 15% of the shares.

Neither David Filo nor Jerry Young are the type to rest on their laurels.

Otherwise, they would not have given up their jobs as university teachers and teaching assistants and gone to Silicon Valley to start their own businesses.

So the two of them decided to ask Milo and Sequoia Capital for help.

You want shares, you want dry shares, and you also have the power to decide the future development of the company, which is the corresponding voting rights.

Sequoia Capital initially agreed, but insisted that Yahoo convince Milo.

So Milo came to Yahoo today to have a meeting with them.

Milo had discussed it with the think tank before coming.

As long as everything goes according to plan, he won't interrupt.

The latest novel is published first on Liu9shuba!

However, in this negotiation, he intends to reveal all his cards.

The reason why Milo revealed those good ideas when visiting the company was simply to increase his bargaining chips.

You have to know that the creative ideas that Milo talked about were not the features that Yahoo added later in its previous life and listed in his document.

It is also enough to strengthen and upgrade the current Yahoo.

You have to know that Yahoo is not without competitors. The Internet is all about creativity, and the slightest improvement or enhancement is an important factor in completely defeating the opponent.

Yahoo has its current valuation purely because it is the earliest portal website.

It has the first-mover advantage in portal websites.

China's future Sina, NetEase, and Sohu were originally built based on the model of Yahoo.

But now, some people in Silicon Valley have seen the money potential of Yahoo.

Some people are already imitating Yahoo and opening new portals.

Milo and the brain trust believed that once Jerry Young and David Filo knew these ideas.

They will never give up easily.

What if Milo turns around and invests in other similar companies and sells these ideas to them?

For example, the surfer website that Microsoft invested in half a year ago——

Not the surfer from later years, but the surfer from 1995.

It is a search directory website invested by Microsoft after seeing the potential of Yahoo.

The newly born Yahoo regarded it as its first competitor, even though Surfer failed in the parallel universe.

Even the website was never released. Microsoft gave up after working on it for more than a year.

But David Filo and Jerry Young didn't know that.

You know, thanks to Microsoft, Bill Gates became the world's richest man this year.

Compared with the giant Microsoft, the entire Silicon Valley is a small shrimp.

David Filo and Jerry Young were naturally concerned about Surfer's appearance.

Milo's think tank analyzed this point, which will undoubtedly be a great blessing for the subsequent negotiations and the competition for interests.

As for Yahoo's plagiarism, Milo can only laugh.

If he were just an ordinary person, or an ordinary employee of Yahoo.

Yahoo can indeed plagiarize, but it is useless even if it plagiarizes.

But now, he is a well-known best-selling author and a celebrity who was in the hot news a while ago.

David Filo and Jerry Young also knew that Milo was a member of a chaebol from Boston.

The current Yahoo is not the Yahoo that will be successfully listed in the future.

Unless they have a strong person behind them, they will not consider this direction.

Moreover, during the face-to-face negotiations, more than 20 people from both sides were present.

With lawyers on both sides, Milo absolutely welcomes Yahoo's plagiarism.

That would be even more interesting and would definitely be the end of Yahoo.

Well, Milo was just thinking about it. After all, a one-time deal was not what he wanted.

Since Yahoo has already been verified, he will not consider Surfer.

Besides, surfer is dominated by Microsoft, which is a giant.

It is still easier to talk to the now weak Jerry Young and David Filo.

The future of Yahoo was what he was looking forward to. So the negotiations became very intense from the beginning.

(End of this chapter)