Back to 1995

Chapter 212 If there is no business, there will be no harm
Hearing Song Yang's words, Coorg couldn't help but said anxiously, "Song, what does the American Global Investment Fund mean today?"

Song Yang couldn't help laughing when he heard this, and motioned for Coorg to sit down, "I said before, I will support Yahoo. Isn't the American Global Investment Foundation supporting Yahoo today?"

These words, Coorg is really speechless, Song Yang is indeed supporting Yahoo, not just talking about it, but supporting Yahoo with real gold and silver, but Coorg is always a little tired of listening to this.

"This is how you support Yahoo?"

Coorg sneered. It was Coorg who came to find Song Yang tonight, not Yang Zhiyuan or Brady. With Yang Zhiyuan's good-natured personality, Coorg was really afraid that Yang Zhiyuan would directly bring Song Yang to the Yahoo board of directors.

He and Wall Street managed to dilute Double-Click’s shareholding in Yahoo from 5% to 4%. Coorg really didn’t want to see Song Yang on Yahoo’s board of directors. will.

"Today snapped up Yahoo stock, and ICQ launched a portal website. Is this your support for Yahoo?!" Coorg said to Song Yang with some accusations.

Now Yahoo is about to play the banner of a portal website, and ICQ is also launching a portal website, which is obviously a competition with Yahoo. Yahoo is competing with Song Yang's ICQ.

When Song Yang heard this, he immediately felt a little dissatisfied. What the hell, he hasn't scolded Yahoo yet, and Kuge complained here first.

"The e-mail developed by Yahoo will be launched soon, and the instant messaging software Yahoo Messenger developed is also under development. If I remember correctly, I have not prevented Yahoo from entering these industries, have I?!"

Song Yang asked Kuge, the current Internet industry basically copies homework from each other, as long as one company launches a new project, other companies will follow suit immediately.

Yahoo now has a rudimentary portal website, and is building a portal website by relying on search, but ICQ is not the only company building a portal website. Companies such as Excite, Lycos, and Infoseek are also transforming from search engines to portal information websites.

As for Yahoo itself, it’s not much better. The e-mail developed by Yahoo has already started publicity. This is what Song Yang first started to play. industry.

Not to mention the instant messaging software, Yahoo hardly concealed it, saying with great fanfare that if it wants to develop "Yahoo Messenger" and enter the instant messaging industry, it will compete with ICQ for jobs!
Now that Coorg still has the face to say this, Yahoo and ICQ are at best copying each other's homework, and neither of them can be called White Lotus.

Kuge was stunned by Song Yang, and he was a little speechless, knowing that he couldn't take advantage of his words.

Taking a deep breath, looking at Song Yang, Coorg asked, "Song, how much Yahoo stock do you want?"

This is the purpose of Coorg's visit today. Yahoo was listed by Sun Zhengyi and Wall Street. He came to Song Yang today to know how much Yahoo shares Song Yang wants to get!
Yahoo needs investors, but Yahoo, which has completed listing, also has requirements for investors to enter the board of directors.

Regarding Song Yang, Coorg and Wall Street behind him, in fact, they don't really want Song Yang to join Yahoo's board of directors. No one knows what tricks Song Yang will play when he joins Yahoo's board of directors.

Compared with Yang Zhiyuan, who is willing to compromise with Wall Street, Song Yang is full of uncertainties. Take a look at Song Yang's establishment of Double Click, ICQ, America Telecom, etc., which are all under Song Yang's control, and Wall Street has no involvement at all.

Yahoo is different. As the president of Yahoo, Coorg is from Wall Street. In addition, founders such as Yang Zhiyuan and Filo do not have such a strong influence on Yahoo like Song Yang. Now Yahoo is actually controlled by Wall Street. In terms of management, Sun Zhengyi is at most a major shareholder, and Yahoo still has the final say on Coorg and others.

But if Song Yang joins in, what will it bring to Yahoo? That's not certain. Kuge came here in such a hurry, because he was afraid that Song Yang would make something wrong.

Song Yang looked at the serious Coorg and shook his head, "President Coorg, American Global Investment Fund invested in Yahoo. This should be a good thing for Yahoo. Yahoo's stock price today proves everything!"

"You know, that's impossible, Wall Street won't let you get Yahoo!"

Coorg first reminded with a serious face that Wall Street is planning to use Yahoo to speculate on the concept of the Internet. Sun Zhengyi desperately increased his stake in Yahoo because he was afraid that after spending so much effort, he would be kicked out by Wall Street and work for nothing.

"5%, Song, the American Global Investment Fund in your hand cannot hold more than 5% of Yahoo's equity."

Kuger looked at Song Yang and said, "Yahoo will let you get 5% of the equity at most, plus the 4% equity held by Double-Click, Yahoo's board of directors can give you a director position!"

Once the American Global Investment Foundation obtained 5% of Yahoo's shares and raised its placards against Yahoo, plus the 4% of Yahoo's shares held by Double-Click, Song Yang was equivalent to getting 9% of Yahoo's shares.

This is not a small amount. To a certain extent, this is already one of Yahoo's major shareholders after Sun Zhengyi and Yang Zhiyuan, and Coorg is also working for Song Yang.

If there is more equity, I am afraid that it will be enough to affect Yahoo's operation and decision-making. Even if Coorg is not pleasing to the eye, Song Yang can initiate the election of a new Yahoo president, reorganize the board of directors, and veto Yahoo's acquisition project. It was something Coorg never wanted to see.

Song Yang looked at Coorg's serious face, and knew that the 9% stake should be the bottom line for him and the Wall Street people behind him. If there was more, he might not be willing to hype Yahoo and carry the sedan chair for Song Yang.

After thinking about it for a while, Song Yang didn't force him, and nodded slowly towards Coorg. This time, he came to New York, and he was just trying to catch a rabbit, participate in Yahoo's IPO, and buy Yahoo's stock along the way.

If you buy Yahoo stock again, I am afraid that it has exceeded the bottom line of Wall Street's heart, and you may not be willing to raise Yahoo's stock again.

After all, Song Yang and Sun Zhengyi took away nearly half of Yahoo's equity. If Wall Street hypes and spends money to boost Yahoo's stock price, wouldn't it be cheaper for both of them? !

Seeing that Song Yang agreed, Coorg also breathed a sigh of relief, "Song, I hope Yahoo can become a partner with you instead of a rival. This is not a good thing for both of us. I think Jerry doesn't want to See that scene!"

Although he was worried that Song Yang's entry into Yahoo's board of directors would cause trouble, but Coorg also had to admit that Song Yang's troubles were indeed a good thing for Yahoo's stock price. Didn't people snap up Yahoo's stock as soon as it went public?
If Song Yang can lock up the Yahoo shares he holds, plus the shares held by Sun Zhengyi, Yang Zhiyuan, Sequoia Investment, etc., the real circulating shares of Yahoo may be very small. If this thing wants to increase, it may be able to just play...

After negotiating with Song Yang, Coorg returned to Yahoo's celebration banquet. Today, Yahoo held a large-scale banquet to celebrate the successful listing. Compared with the last Netscape, it was even bigger. many!

On the first day of listing, the stock price topped $33, and the market capitalization topped $[-] million. The performance of Yahoo drove the entire investment industry crazy.

In addition, Song Yang and Sun Zhengyi both snapped up Yahoo shares on a large scale, making Yahoo even hotter. Not surprisingly, the stock price of Yahoo tomorrow may hit a new historical high price!

The Internet, the technology industry, as well as Silicon Valley, Wall Street and other media, were discussing Yahoo in full swing that night. Analysts were discussing Yahoo’s stock price and how far it could go. A new star of the Internet seemed to be slowly rising.

As for Netscape, which the entire Wall Street was crazy about at the end of last year, its stock price has fallen by no less than [-]% compared to its peak, but no one cares about it.

The market is constantly being eroded by Microsoft's IE browser, revenue is stuck in a bottleneck, overseas markets are completely lost, and the antitrust lawsuit against Microsoft has made no progress. This has made Netscape a bit of a trend of becoming Mrs. Niu. Ma'am, it's only about a year or so.

Looking at the "Yahoo Chief" who was crazily touted by TV stations, newspapers, and magazines, Song Yang didn't know how Anderson, who was called "Silicon Valley Hero" last year, and Jim Clark, who was considered the godfather of the Internet generation, would feel.

Song Yang got up from the manor on the North Shore of Long Island. After breakfast, he went to America Telecom's office building in New York. Today is the time to meet with AOL, and it is also the day of the big dog slaughterer.

In the car, Song Yang picked up a few newspapers and looked at them. They were all about Yahoo. Song Yang glanced at the time, and it was already the opening time of Nasdaq. Song Yang could think of it without calling to ask, today How hot Yahoo will be.

Today's Yahoo is indeed very bullish, especially when the American Global Investment Foundation publicly announced that it would raise a card for Yahoo and snap up a 5% stake in Yahoo. Masayoshi Son also announced that he would increase his stake in Yahoo by no less than 10% Equity, these two pieces of news completely detonated Yahoo's stock price.

A large wave of leeks rushed into Nasdaq screaming and bought Yahoo shares frantically. Not only Wall Street, but foreign investment institutions also fished in troubled waters on Yahoo. The stock price of Yahoo broke through within a few minutes of opening. It raised $50, and it didn't look like it was going to fall, and its market value also surpassed $[-] billion in a straight line, making it the second-largest company in terms of market value among Internet concept stocks!

When Song Yang watched this scene, he almost couldn't help but cut a crop of leeks. If Song Yang dumped the Yahoo stocks in his hand at this time, Song Yang didn't know if it would blow up those who rushed into Yahoo today. Chinese chives.

But just thinking about it, Song Yang endured it. Compared with cutting the leeks now, if he waits a year or two to cut them, he will give the leeks some room to grow, and the amount of leeks may be more...

Now Song Yang understands a little bit why so many people like to cut leeks. It’s not that he wants to cut leeks, but the leeks are delivered to the door by himself, so he can only wave his knife with tears in his eyes. Those people who entered Yahoo ran in with the intention of making a fortune. Song Yang could only sigh, if there is no business, there will be no leeks!
(End of this chapter)