So I started to talk to the VCs and asking for $10 million at a very, very difficult time in Internet history.
就在互联网历史上最艰难的时期,我开始跟风险投资商接洽,向他们要1000万美元。
So, so I guess my only issue with the internet is that people are constantly eating junk food all the time,
所以我想我对互联网唯一的质疑就是,人们在不停地吃着垃圾食品。
And in something like a consumer internet company like Facebook, that constant real time interaction and experimentation is something that the very best entrepreneurs do.
像脸谱网这样的,用户导向型的互联网公司,即时交流,不断试验,是企业家最佳的生财之道。
Internet industry was in a very difficult time at that time, at that period, and we gradually realized that this company cannot really survive if we stick with the backend technology providers thing.
当时互联网行业正处于困境,如果坚持做后台搜索技术提供商,这个公司将无法生存。
If you look at the ten best-performing Internet funds from 1997 to 2002, the time-weighted return is 1.5% per year positive, so the funds went way up and then they went way down.
这十个表现最好的网络投资基金,从1997年到2002年,时间加权回报率是每年1.5%,基金一路涨涨跌跌
I am on the internet, probably every time I mark,
我上网的时候,几乎每次都会标记清楚,
At that time, there were only about 10 million Internet users.
那时在中国,只有约1000万的网民。
That is a very difficult time for people in the Internet industry.
对于互联网行业来说,那是一段困难时期。
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