Back to 1995

Since last year, Song Yang has continuously transferred or sold off his Internet and technology stocks, and began to hoard a large amount of cash.

Marcus and Gleick were not surprised by Song Yang's move to transfer the Internet stocks in his hands, but when they heard that this year, Song Yang was going to liquidate the stocks of companies such as Yahoo, Microsoft, Cisco, and Enron, they still I can't help being a little surprised.

Marcus and Greg are the people who have the closest relationship with Song Yang. They basically know Song Yang's worth and the industry in his hands. They know Song Yang's current worth and what it is. Chunfeng, Song Yang's current net worth is actually much higher than what Forbes, Bloomberg Businessweek and other financial media predicted.

Of course, this also means that Song Yang's worth is very watery. The valuations of listed companies such as ICQ and Double-click are easy to calculate. Although they will shrink after cashing out, at least they can be seen and touched, but Industries such as PayPal, ebay, Fortinet Antivirus, Yeadex, and Alcatel mobile phones have not yet been listed, and the valuation depends entirely on the roar. No one knows whether they will be bought by leeks. Abandoned, no one can tell.

But now listening to Song Yang's words, Greg and Marcus felt that Song Yang didn't care about the nonsense, and he wanted to cash out all the equity in these Internet companies, turning them into beautiful knives in his hands.

The fire in the fireplace was burning brightly, and the windows in the study were also closed, which made Greg, who was wearing a suit, feel a little stuffy.

Pulling back the tie, Greg and Marcus looked at each other. One of them was in charge of Song Yang's legal affairs, and the other was in charge of Song Yang's finances. Hearing Song Yang's decision, both of them couldn't help showing a cautious look. .

A few years ago, through various transactions, Song Yang obtained a large number of shares in other companies, including the shares of Yahoo, AOL, and Microsoft. Among them, Song Yang is also one of the major shareholders of Yahoo!

At the beginning, Song Yang held about 5% of Yahoo’s shares. In addition, Double-click had exchanged shares with Yahoo and got 4% of Yahoo’s shares. Adding up, Song Yang’s share of Yahoo’s shares reached an astonishing 9%. , even if it has shrunk in recent years, it is still around 8%.

The stock exchange between Double-Click and Yahoo, in the past few years, it seems that both sides have suffered a loss, but after Christmas this year, the market value of Yahoo, under the manipulation of Wall Street institutions, went straight to the market value of [-] billion US dollars.

If Song Yang sold out 8% of Yahoo's equity in one go, based on the market value, the value of this equity would be around US$80 billion!

If this is directly smashed out, it is estimated that Yahoo’s board of directors and Wall Street will be vomited blood. Leeks are all blind followers. When there is a person who makes a big deal to clear the warehouse, there will be leeks to follow, and eventually the entire plate will be completely smashed. collapse.

If this is the case with Yahoo, AOL, Microsoft, etc., I am afraid that they will also suffer a big setback. If you want to cash out, you have to pay attention to strategy, and you can't do it recklessly, or everyone will follow suit.

Marcus looked at Song Yang, fixed his eyes on Song Yang closely, and asked again, "Do you really want to dispose of all the stocks of Internet companies?"

Marcus did not question Song Yang's decision. Song Yang was also well prepared when cutting leeks in Southeast Asia before, but this time, compared to the last time, the scale was much larger. After all, Song Yang's current worth is much higher than before. It is no longer the same!

"Song, if we sell all the stocks of Internet companies, no one knows how much impact it will have on ICQ, Double Click, Amazon, Yahoo, Microsoft, AOL, and the entire Nasdaq!"

Greg also said to Song Yang that Song Yang still has many companies going public this year, such as eBay, Feita Antivirus, Yeadex, and investment companies such as Sohu, 8848 and so on. The intention of leeks should not be too obvious.

Song Yang laughed, "I've said it before, this is not quitting the Internet, it's just investing in other industries temporarily. When the storm of the Internet subsides, we will return to the Internet!"

Marcus and Greg were silent when they heard Song Yang's words. Song Yang's words clearly felt that the Internet was not in the limelight. First, the wind was tight, avoid the limelight, and wait for the Internet to calm down before running away. Come back and continue cutting leeks...

Rubbing a miniature bronze relief in the style of ancient Rome in his hand, it was a relief of a group of soldiers in ancient Rome, and Song Yang placed the relief on the table.

"Marcus, I don't care what method you use. Before the end of this year, it is best to find other investment institutions to transfer the Internet and technology equity held by the North American Global Investment Foundation and Star Wish Foundation.

If it really doesn't work, just... throw them out through the stock market, I need them in exchange for cash! "

In the end, Song Yang directly said, first find Yahoo's major shareholders and Wall Street institutions to take over the deal. If they don't accept it, then don't blame Song Yang for destroying Yahoo's plate. Let's see who can't bear it in the end.

Greg and Marcus looked at each other, both looked a little helpless. After this time, it was foreseeable that Song Yang would have many more opponents. Wall Street managed to make such a big deal, but Song Yang It's a direct hit.

"I understand that it will take time, and the price of equity sales may not be as expected by the market!"

Marcus said with a headache that he should not stop this year. The Internet company shares held by Song Yang are too expensive now, and it is not so easy to find a successor.

After Christmas, America has entered a new era. The trading volume of Nasdaq has hit a record high. Representative companies such as ICQ, AOL, Microsoft, Yahoo, Cisco, Intel, General Electric and other technology stocks are hitting new highs every day. record high.

And a large number of Internet and technology companies are queuing up to go public. This year, Song Yang's eBay, Feita Antivirus, and Yeadex are already confirmed to go public, and their valuations are quite astonishing.

Amazon, which went public last year, has soared to more than 70 billion dollars in market value at the beginning of this year. You must know that when it first went public last year, Amazon’s market value was only more than 8 million dollars, and now it has directly increased by nearly ten times!
Amazon is still losing money, while eBay can maintain a balance of payments and even make a profit. This makes eBay's valuation much higher than Amazon's. This time, eBay is valued at tens of billions of dollars. Astronomically priced listing!
Feita Antivirus has been struggling for several years, and finally the young daughter-in-law has become a mother-in-law. With the enthusiasm of the Internet, the valuation of Feita Antivirus is now much higher than that of two years ago. In terms of name, it is almost no better than Mike How far is the Philippines and Symantec?

Coupled with the addition of Fortinet Antivirus, as well as UTM hardware firewalls, TV boxes and other products, it is no longer a money-losing product. This makes the valuation of Fortinet Antivirus not much worse than that of the old-timers McAfee and Symantec. For the traditional antivirus software industry, it is really unacceptable, but for Feita, which belongs to the Internet company, it seems to be a matter of course.

If these companies are successfully listed, then Song Yang's worth will soar to a new level!
Everything seems to be a continuation of last year, and there is no difference. The huge and shocking mergers and acquisitions are still going on.

This year, the first move was in the second half of last year, WorldCom, which had been robbed of the limelight. Last year, WorldCom successively acquired more than a dozen telecommunications companies such as MCI and British Telecom. ICQ and AOL held back two big moves and completed a shocking merger.

At the beginning of this year, WorldCom made a big move. WorldCom's telecommunications emperor Bernard Ebes once again issued an order to acquire Prince Telecom!

This is a large merger of more than [-] billion US dollars. After the completion of the acquisition, WorldCom will become the world's undisputed largest telecom empire. Telephone and Telegraph Group, Verizon, America Telecom, etc., in WorldCom Not even worth mentioning.

Just like a raging fire cooking oil, this year is full of fanaticism at the beginning of the year, no matter what industry it is.

ICQ, which has already changed its major shareholder, is not to be outdone. Immelt seems to want to push ICQ's market value higher and use a large acquisition as a congratulatory gift for him becoming the new head of General Electric, because Welch Retiring early, General Electric and ICQ, two giant companies with a market value of more than 3000 billion US dollars, will usher in the era of Immelt!