Silicon Valley

Chapter 44 FedEx Invitation

In 1989, the development speed of the Internet in the United States showed a leaping development. Cisco's worldNet network entered the ISP with a rampant attitude. With the support of its strong funds, the WorldNet network has covered the first and second tier cities in the United States, and has users There are more than 380,000 people, and the US Science Foundation Network NFSNET is also developing rapidly, with 800,000 users. The cumulative number of users on other backbone networks has also reached 750,000!

These commercial Tier-1 networks have replaced NSFNET as the most extensive network in the US!

To date, the number of users accessing the Internet is approaching two million. At present, there are only 370,000 visa network credit card users, far from reaching the limit!

In the third week, the fourth week, the number of new visa network credit card users increased almost exponentially. One month later, the number of visa online credit card users in the United States has reached 1 million. With the increase of visa online credit cards, the United States has set off a wave of Internet shopping frenzy, and the sales of Nicholas Shopping Network have skyrocketed. In this month, the total sales amounted to 100 million US dollars! ! !

Although this data cannot be compared with department stores such as Wal-Mart, it is enough to shock countless people!

Online shopping, the potential is endless! ! !

With the rise of the Internet, the number of Internet users will inevitably increase. Once the number of Internet users exceeds 10 million, or even 100 million, how high will the sales of Nicholas Shopping Network be? ! !

Many economists in the United States began to be active in newspapers, television and many other media, expressing their views in a big way.

"New York Times": "Online shopping is convenient, cheap, and has a wide variety, allowing customers to buy their favorite products without leaving home. From this, I can conclude that online shopping will become a trend in the future!!! "

"Los Angeles Times": "Online shopping has become a fashion in college, and in the future, it will be closely related to people's lives!"

"The Wall Street Journal" "The number of Internet users in the United States is increasing day by day. I can predict some things. Once every American uses the Internet, the audience of a shopping website will be the entire American people, and Nicholas Shopping.com will become far more than Wal-Mart. Online department store!!!”

Forbes: "In 1985, Wal-Mart, owner of Wal-Mart, became the richest man in the United States, but it may not be long before that ranking will change!"

Sammy Frances, a professor of computer science at Harvard University, stated on CBS: "With Cisco's entry into the ISP industry, and the rapid development of Tier-1, the backbone of commercial networks in the United States, we conservatively estimate that in 1992, there will be more than 500 Internet access users. Ten thousand!!!"

The host was surprised: "There will be so many five million?!!!"

Sammy Frances said lightly: "This is just a conservative estimate, in fact, it may be more! Cisco's market value has recently exceeded 10 billion US dollars, such a capital predator, its behavior is always unpredictable, because it There's always something unexpected but shocking! Just yesterday, Cisco announced that it will raise another $500 million in WorldNet Networks to roll out more fiber to the network!"

"Not only is the WorldNet network developing rapidly, but also American telecom giants such as MCI, Sprint, Worl, BBN, ANS, etc. have begun to speed up their pace. The speed of Internet development is unimaginable!!!"

...

Nicholas Shopping Network CEO Geely Hurt is currently conducting a national road show, and Nicholas Shopping Network's preparation for listing has started from the day the visa network credit card was issued.

Wall Street analysts believe that once Nicholas Shopping.com goes public, its market value may exceed Netscape's! 37 large investment companies on Wall Street are more optimistic about Nicholas Shopping.

Henry was holding the financial statement, almost crying without tears. This month, Nicholas Shopping Network lost 20 to 30 million US dollars. Carrying out promotions and exchanging lost money for performance really made Henry feel a little blood in his heart! However, the results are extremely gratifying. Through this event, the number of users of Nicholas Shopping Network exceeded 500,000, and one-third of them have become loyal users, who are often active on the website for shopping!

Henry had just finished reading the report when Fred Smith, CEO of FedEx, the world's best logistics company, called Henry and wanted to invite him to have a meal!

Fred Smith is not only the CEO of FedEx, but also the chairman and founder of FedEx. If such a great guy invites himself to dinner, he has to give him a face...

Nicholas Shopping.com really shocked a lot of people this time. If you count the industries related to this event, such as logistics, etc... Then, the influence of this event is very amazing!

FedEx's performance this month has skyrocketed because of Nicholas Shopping Network, which actually increased by 5%. This data is not to be underestimated, but for a large company, it is simply moving! ! !

"Mr. Williams, at five o'clock tomorrow afternoon, the Wilshire Hotel in Beverly Hills is waiting for you!"

"Okay, I'll go!" Henry thought about it and agreed.

Nicholas Group also has its own logistics company. After several years of development, it has begun to develop out of California and to the United States. However, the development speed is very slow, except for some key cities, other places cannot be covered. Nicholas Shopping Network still has to rely on large logistics companies like FedEx! Like this promotion, FedEx takes the majority, while Nicholas Logistics is operating at full capacity and can only get one-fifth of the business!

The next day, Henry went to the hotel.

Fred Smith has been waiting for a long time. He has reserved a box and invited Henry in for dinner!

The first impression Fred Smith gave Henry was a middle-aged man with a smile, good communication skills and fighting spirit! Before he came, Henry sent someone to collect his information. His father died when he was four years old. When he was eight years old, he became ill and the development of his right leg was affected. For two and a half years, he could only walk on crutches. After that, he also served as a soldier and was very interested in planes, and thus began his express delivery career.

He took a huge risk and put his entire fortune, $8.5 million, into FedEx. Even at the beginning of FedEx's development, it was not smooth, and there was the possibility of bankruptcy many times. Fred Smith experienced setbacks, and finally ushered in the dawn, and got the investment of the big Wall Street bankers, so as to develop and expand FedEx, and even now become the best express company in the world! ! !

Henry knew that Fred Smith had something to do with him. During the meal, Fred Smith chatted with him, not at all about logistics. However, Henry noticed that Fred Smith had been observing his patience! Fortunately, I have a chance in the next negotiation.

After dinner, the waiter brought some snacks.

At this time, Fred Smith said: "Mr. Williams, what do you think about logistics?"

"I think logistics has a lot to do in the future." Henry said indifferently, and only said one sentence. If he talks too much, he may fall into his arms!

Fred Smith smiled and said, "Hehe, I think so too! I heard that Nicholas Logistics has left California, congratulations!"

"Where, it's just a small fight, it can't be compared with FedEx!"

"Nicholas Logistics is the fastest-growing logistics company in recent years, and I think the potential is very good..." Fred Smith stopped halfway, and then very solemnly showed Henry the purpose of today, "Actually, I invited you today to buy Nicholas Logistics!!!"

"Acquisition of Nicholas Logistics Company?!" Henry was stunned for a while, he only thought that Fred Smith asked him to come over, it must be related to logistics, but he did not expect that Fred Smith actually proposed to buy his own logistics company! This rhythm doesn't seem right. Didn't you always buy someone else's company yourself, but now it's actually bought by someone else? (All kinds of requests for new books, tickets, collections...)

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