Review websites are indeed a great idea!

For example, Lu Yiming is well-known for “looking for food and drinks on Dianping.com”.

Lu Yiming said to Jeremy Stoppelman without hesitation: "This is a great idea. You should take action immediately! I will invest in you! By the way, what do you plan to call the new company?"

Jeremy Stoppelman was a little confused and frightened by Lu Yiming's enthusiasm.

After all, this idea is still just a draft. It has been stuck in his mind before. How did it fall into Lu Yiming's mouth and he was about to set up a company?

Isn’t this progress a bit fast?

However, the opportunity was rare. Seeing that Lu Yiming was so optimistic about his idea, Jeremy Stoppelman also looked excited, and then shouted excitedly: "I have already thought of the name of the new company, let's call it yelp!"

To be honest, Jeremy Stoppelman was actually feeling quite uneasy at this time.

But little did he know that as soon as Lu Yiming heard the name Yelp, he had already made up his mind to invest in him.

Yelp is the most famous merchant review website in the United States in later generations, covering merchants in restaurants, shopping malls, hotels, tourism and other fields from all over the world. Users can rate merchants, submit comments, exchange shopping experiences, etc. on the Yelp website.

This is definitely a commercial project with great potential.

In fact, Yelp was successfully listed in 2012, and its market value increased from US$898 million to US$4.358 billion within two years.

"That's a really good name! Just because of your name, I think I have to invest in you! Tell me, how much start-up capital do you plan to ask for?"

Jeremy Stoppelman was a little unbelievable: "Are you really going to invest? Well, as for the start-up capital, I think I probably need $2 million?"

This is a number he made up casually. In fact, he has never started a company himself. Who knows whether this new project will be successful and how much money will be needed to set it up.

However, Lu Yiming did not hesitate at all. He directly took out his checkbook, wrote a number, and said: "I will give you four million U.S. dollars, but I want 50% of the shares of the new company. Are you willing to accept it?"

Those who don’t accept it are fools!

Jeremy Stoppelman seemed to have his head smashed by a pie in the sky. He took the check for four million dollars from Lu Yiming with a silly smile on his face.

I just casually expressed my thoughts and got four million dollars?

Later, from the perspective of an investor, Lu Yiming said to Jeremy Stoppelman: "I hope that Yelp can have the following functions. For example, when I search for a restaurant or hotel on the website, I hope to be able to see its brief description.

Introduction and comments from netizens, and how many star ratings the reviewers will give. Usually reviewers must be consumers who have personally experienced the services of the merchant, and the reviews should be as vivid and detailed as possible."

In fact, it is the way users give feedback to Dianping.

This opinion was quite pertinent. Jeremy Stoppelman immediately recorded it carefully. After thinking about it, he even praised Lu Yiming's suggestion: "Oh my god, you go deeper than I thought.

My previous idea was just to give ordinary consumers a place to share their experiences with each other on the Internet, but I never thought about how to standardize reviews."

The benefits of standardization are naturally suitable for commercial promotion.

Jeremy Stoppelman can imagine that if he can fulfill Lu Yiming's request, Yelp is really likely to be a great success.

Seeing Lu Yiming chatting and laughing with Jeremy Stoppelman, and even investing US$4 million on the spot, everyone else was drooling with envy.

Is it so easy to attract investment now? You can get millions of dollars of investment from Lu Yiming with just a few words!

Those people who had no life in their heads were so anxious that they directly took the people next to them and started brainstorming, hoping to generate sparks of inspiration and take money from Lu Yiming on the spot.

Seeing Chen Shijun and Chad Hurley tinkering with the DV players in their hands, Lu Yiming asked, "What are you doing?"

Like a shy big boy, Chen Shijun touched the back of his head sheepishly and said, "I am recording the scene in front of me and want to keep it as a precious memory."

Like Lu Yiming, he has just graduated from college. Everything he has experienced in Paypal is definitely the most valuable asset in his life.

Here, he learned how to work as a team and how to start his own business.

Lu Yiming was very familiar with Chen Shijun. After all, in later generations, he often went over the wall to watch some hot-bodied ladies on YouTube perform particularly energetic dances.

Therefore, without hesitation, he smiled and suggested to Chen Shijun: Steven, have you ever thought about starting a video website?

"Video website!?"

Chen Shijun was stunned because in 2003, video websites were an unprecedented new thing.

Lu Yiming said: "Yes, for example, our breakup meal can be filmed by your DV player and then sent online to share the joy of our success with all Internet users."

In the company, Chad Hurley and Joad Karim, who had the best relationship with Chen Shijun, both thought the idea was very good after hearing it, and they couldn't help showing expressions of enlightenment.

"Yeah, why didn't we expect this?"

"I have to say, this idea is really cool!"

The so-called sharing of joy is actually just to show off. After all, wealth and wealth are like walking at night without returning home.

Pretending is the primary productive force!

Lu Yiming continued: "On the current Internet, you can only send videos through email. Videos sent by email will be compressed, the quality will be reduced, and the download time will be up to several hours. This is obviously very inconvenient.

It also cannot meet the needs of Internet users."

"I believe that once the video website is launched, it will definitely be very popular. After all, many people are willing to share the interesting things they encounter in real life with others, or show off, in order to gain attention in this way."
Chapter completed!