He can now say with certainty that Fang Chen must have set a trap for him. He had long known that Netscape had no future. Otherwise, with Fang Chen's character, how could he have sold Netscape to him so easily!

But it's too late to say anything now!

When he first took over Netscape, everything was going in a good direction.

First, it charged Netscape's 40 million members, which greatly improved Netscape's profitability and turned Netscape into a normal company instead of a castle-like leather company.

Although this sentence sounds a bit appalling, the previous Netscape may not have been a skinny company, but it was definitely an abnormal company.

Look at this world, there is no company that spends hundreds of millions of dollars every year and has a market value of tens of billions of dollars. Its revenue is zero and it completely relies on continuous financing.

Thinking of this, Bill Gates's heart bleeds.

Because all of Netscape's financing, except for the US$2.2 billion diluted by the listing, all other money was provided by them.

At that time, they still thought that it was because they had a good relationship with Fang Chen that Fang Chen had no choice but to give them a share of the financing, and they were proud of this for a long time.

But looking at it now, everything is a trap!

Since he took over, although only 30 million of the 40 million members are willing to pay the monthly membership fee of ten dollars, this is obviously within their expectations.

After all, it is impossible for everyone to accept that free things become paid, not to mention that there are many other free browsers on the market.

About 75% of members are willing to pay, which is already a very good ratio.

And even with only this 30 million, it can bring Netscape 300 million US dollars in revenue every month, which is 3.6 billion a year.

Furthermore, it is not that Netscape is not developing. He believes that through his efforts, Netscape's annual revenue will reach 5 billion US dollars, which is definitely not a problem, and the profit will be at least 2 billion US dollars.

However, what makes him more confident is that the capital market has given him strong positive feedback.

With the exposure of Netscape's revenue, Netscape's market value hit US$20 billion in just twenty trading days.

After all, according to the algorithm that market value is ten times profit, if Netscape can earn US$2 billion in profits, its market value should be US$20 billion.

Moreover, as an Internet company, Netscape has the characteristics of rapid development, so its premium and price-to-earnings ratio should be higher.
Chapter completed!