Silicon Valley

Chapter 44: FedEx invitation

In 1989, the development speed of the Internet in the United States showed a leap-forward development. Cisco's network entered the isp in a rampant manner. With the support of its strong funds, the network has covered the first and second-tier cities in the United States and has 30 users. There are more than 80,000 people, and the National Science Foundation Network is also developing rapidly, with 800,000 users. The cumulative number of users of other network backbone networks has also reached 750,000!

   These commercial Tier-1 networks have been replaced and become the most extensive network in the United States!

  So far, the number of users connected to the Internet has been approaching two million. Now there are only 370,000 visa network credit card users, which is far from reaching the limit!

   In the third and fourth weeks, the number of new visa online 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 frenzy of Internet shopping. Nicholas shopping network sales have soared. This month, the total sales amounted to 100 million US dollars! ! !

   Although this data is incomparable 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 netizens will inevitably increase. Once netizens exceed 10 million, or even 100 million, how high will Nicholas Shopping Network's sales be? ! !

   Many economists in the United States began to be active in newspapers, television and other media, expressing their opinions wildly.

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

   "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" "U.S. Internet users are increasing daily. I can foresee some things. Once every American uses the Internet, then the audience of a shopping site will be the entire American people, and Nicholas Shopping Network will become far beyond Wal-Mart. Online department store!!!"

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

Sami Frances, a professor of computer science at Harvard University, stated on CBS: “As Cisco enters the ISP industry, the nation’s commercial network backbone Tier-1 has developed rapidly. We conservatively predict that in 1992, there will be more than 500 Internet access users. Million!!!"

   The host was surprised and said: "There will be as many as five million?!!!"

Sami Frances said indifferently: "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 crocodile, its behavior is always unpredictable, because it Always do something unexpected but extremely shocking! Just yesterday, Cisco announced that it would raise another 500 million US dollars to the network to lay more network fiber!"

   "Not only the Internet is developing rapidly, but US telecommunications giants such as MCI, Sprint, BBN, ANS have begun to accelerate, and the speed of the Internet is unimaginable!!!"

  ……

  Nicholas shopping network ceo Geely Hutt is currently conducting a roadshow across the country. The preparation of the Nicholas shopping network to go public has already begun from the date of the issuance of the visa network credit card.

   Wall Street analysts believe that once Nicholas Shopping Network is listed, its market value may surpass Netscape! The 37 large investment companies on Wall Street are unanimously optimistic about Nicholas Shopping Network. 35 investment companies gave Nicholas Shopping Network a "must buy in large quantities" rating, and 2 investment companies were slightly more conservative and gave a "need to buy a little" rating!

  Henry was holding the financial statements and he couldn't help crying. This month, Nicholas Shopping Network lost 20 to 30 million U.S. dollars. Engaging in sales promotion and losing money in exchange for performance really made Henry a little bit bloody! However, the results are extremely gratifying. Through this event, Nicholas Shopping Network's users exceeded 500,000, and one-third of them have become loyal users and are often active on the site for shopping!

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

   Nicholas Shopping Network really shocked many people this time. If you count the industries related to this event, such as logistics, etc..., then the impact of this event is amazing!

   FedEx’s performance this month has soared because of Nicholas Shopping Network, and it has increased by 5%. This data is not small, but for large companies, it is simply moving! ! !

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

   "Okay, I will go!" Henry thought for a while, then agreed.

   The Nicholas Group also has its own logistics company. After several years of development, it has begun to go out of California and develop into 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 a large logistics company like FedEx! Like this promotion, FedEx accounted for the majority, while Nicholas Logistics was operating at full capacity, and only one-fifth of the business was allocated!

   The next day, Henry went to the hotel.

   Fred Smith has been waiting for a long time, he booked a box, and asked Henry to go in for dinner!

   Fred Smith’s first impression of Henry was a middle-aged man with a smile on his face, good communication and full of fighting spirit! Before coming, Henry sent someone to collect his information. His father died when he was four years old. He fell ill at the age of eight, 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 airplanes, so he started his express career.

  He took a huge risk and invested his entire fortune of $8.5 million into FedEx. Even at the beginning of FedEx's development, it was not smooth, and it was likely to go bankrupt. Fred Smith experienced setbacks, and finally ushered in the dawn, and got the investment of the big Wall Street bankers, which made FedEx grow stronger ~www.NovelMTL.com~ and now become the best express company in the world! ! !

   Fred Smith asked him what was wrong, Henry knew it well. At dinner, Fred Smith babbled with him and didn't talk about logistics at all. However, Henry noticed that Fred Smith had been observing his patience! Fortunately, we got a chance in the waiting negotiations.

   After the dinner, the waiter brought some snacks.

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

   "I think logistics has a lot to do in the future." Henry said lightly, with only one sentence. If he said too much, he might be right in his arms!

   Fred Smith smiled and said, "Hehe, I think so too! I heard that Nicholas Logistics is out of California. Congratulations!"

   "Well, it's just a little trouble, it can't be compared with FedEx!"

"Nicholas Logistics is the fastest-growing logistics company in recent years. I think the potential is very good..." Fred Smith stopped halfway through his speech, and then solemnly expressed his purpose to Henry, "Actually, I asked you to come today because I want to buy Nicholas Logistics!!!"

   "Acquisition Nicholas Logistics Company?!" Henry was stunned. He only thought that Fred Smith would ask him to come over. It must be related to logistics, but he did not expect that Fred Smith actually proposed to acquire his own logistics company! This rhythm seems to be wrong. Hasn't it always been bought by other people's companies by themselves, but now they have been acquired by others? (Various requests for new books, tickets, and collections~www.NovelMTL.com~ Book friends are welcome to visit and read. The latest, fastest and hottest serial works are all at ~www.NovelMTL.com~ mobile phone users, please go to read.

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