Back to 1995

Chapter 880

The sudden news stunned the entire search industry. Google has almost won the support of half of the Internet industry and directly won half of the global search industry!
And seeing ICQ, Xueleshan Online, eBay, PayPal and other Internet companies waving the flag for Google, no one with a discerning eye can tell who is supporting Google.

With just one KPCB venture capital investment, the only one who can't mobilize so many resources, and who can make such a big wave in the entire Internet industry, is Song Yang!

Before, the outside world thought that it was ICQ who wanted to acquire Google, but they didn’t expect that it was Song Yang who made the move in the end. It’s no wonder that KPCB Venture Capital invested [-] million dollars in Google like a madman.

The world laughed at KPCB VC for being too crazy, and KPCB laughed at the world for not being able to see through it. At this time, all the VCs in Silicon Valley realized that this wave of KPCB’s operations was based on the atmosphere...

No one can say whether Google can be listed on Nasdaq and become a giant of the Internet, but since KPCB's debut, Song Yang, who has not yet tasted a defeat, has an investment vision!
The search industry has been around for so many years, although it doesn’t make much money, but it has always existed. But this time, Google directly occupied half of the search industry, which hit Excite, Ask and other established search companies.

After so many years of hard work, their home was stolen by an unremarkable junior. Excite never dreamed that his home would be stolen by Google.

Almost as soon as the news from Wall Street and other media was announced, the stock prices of Excite and other search companies began to plummet. Even a multi-billion dollar merger could not save their stock prices!

It's really Google this time, it's too aggressive. Don't you see, Yahoo has transferred its search business to Google. Even Yahoo, a giant with a market value of over [-] billion dollars, is unwilling to compete with Google in the search industry. Excite Waiting for the company, why dare to show their teeth to Google? !

"Crazy, they're all crazy!"

At Excite's headquarters, George Bell dropped a phone that kept ringing. From just now, Excite's board of directors, investors, and media have been bombarding his phone.

The entire Excite company has become a mess. For Google, which does not know how much of a threat it will be, Excite is already frightened. Even board members and investors want to run away, which makes George Bell a headache. .

This has not yet been fought, and Excite is already in disarray. If I had known today, George Bell felt that it would be better to spend 100 million dollars to buy Google, even if it was hidden!
"Bruno Song, Yahoo, what are they going to do!"

George Bell couldn't help but have a headache when he thought about going against Song Yang in the future. It's no wonder that Excite's investors wanted to run away. Win, but it was Yahoo who made George Bell gnash his teeth even more. Even if he crushed his back molars, he couldn't figure out what Yahoo was planning.

No one can figure out why Yahoo sold its search business and handed over its technology and patents to Google. As soon as the news came out, Yahoo’s stock price also fell a lot, but when the market closed, the stock price was strangely boosted. Yahoo's stock price went up that day.

"Yahoo didn't sell its search business, it just licensed its technology and patents to Google in order to provide users with better services, and received a technical fee of US$[-] million!"

Yahoo first issued an announcement that they didn’t believe it, claiming that Yahoo did not intend to sell the search business, and would not do so in the future. This was done to reduce costs. Using Google’s search engine would cost less and would also reduce costs. You don’t have to worry about maintenance, technology upgrades, R&D, etc., you can get technology fees from Google, and you can also distribute dividends to shareholders.

Regardless of whether other people believe it or not, Yahoo believes it anyway. In addition, Yahoo has a lot of businesses at the moment, and it seems that it is not a good thing to lose a "unprofitable" search business.

In the evening, Yahoo once again spread the news that it will raise a huge amount of cash. Whether it is the Wall Street institution of Yahoo's current board of directors, or other overseas consortiums and foundations, they are quite active in raising funds for Yahoo.

Don't look at the negotiation with Song Yang, Yahoo has been calling you poor, Citigroup's Loeb has been bargaining with Song Yang, but he is quite active in getting the Yahoo equity in Song Yang's hands!

After all, looking at the entire Internet industry in America, even if Yahoo is not the leader in the Internet industry, it can at least rank in the top three, second only to ICQ and AOL. There are countless investment institutions, foundations, and consortia that are optimistic about Yahoo. How many people want to get a large stake in Yahoo, but they haven't had a chance.

For Yahoo, no one would think that Yahoo would stop here, and the stock price and market value would stay at the current level of more than 1000 billion US dollars. The market value of ICQ and AOL next door has soared to 4000 billion US dollars. Even if it is conservatively estimated, the market value of Yahoo, It can be doubled, right?
Now that you buy Yahoo shares, you can earn money if you buy them. Many people have this idea, so they are quite generous with the loans from Yahoo's major shareholders and investors, and the major banks in America.

Not only Softbank, Citigroup, Morgan, Sequoia Investment and other major shareholders of Yahoo are raising money everywhere, wanting to eat Yahoo’s equity in the hands of Song Yang, and the management headed by Coorg is also colluding with some overseas foundations and consortiums , I want to stand up and be the master, and get some Yahoo shares. After all, there is no pleasure in being a homeowner.

Song Yang heard that after the negotiations ended that day, Yahoo’s board of directors immediately held a critical meeting against Coorg, blaming Coorg for why they signed the exchange agreement between Yahoo and Double-Click, if not for Coorg’s Wall Street , Over the years, he has also made great contributions to Yahoo. This time, he might just be packed up and left.

It would be strange if the management headed by Coorg had no idea. Who would want to be easily swept out?

130 billion US dollars in cash, although it sounds scary, but the speed of Yahoo's fundraising is still quite fast, and it should not delay the "deadline" given by Song Yang at the end.

As for spending [-] million US dollars to buy Yahoo's patents and technology for Google, of course it was "loaned" to Google, which is equivalent to buying Google's "bonds". Yang paid for nothing.

In the future, when Google develops, the debt of [-] million US dollars, whether it is returned to Song Yang by Google with profits or converted into equity and "mortgaged" to Song Yang, will definitely not be a loss. Google really can't afford to repay this money, and even sell themselves for such a big money.

In the Bruno Family Club on the outskirts of San Jose, Millia was riding a little red horse, screaming and galloping across the field, followed by Amber with a wrinkled face on a black horse. Millia is different, he is holding a book, can sit in one place, and chew his temper for a day, but at this time, Millia caught him.

Gleick, Dana, Hailey and others were also in the club, and Gallo was leading a group of people to compete on the newly built rugby field of the Bruno Family Club.

One part of the club is a room where most of the club can be kept under the eyes. Song Yang, who has been on vacation here since investing in Google and selling Yahoo shares, flipped through a few newspapers in his hand.

"Song, how about my dress?!"

At this moment, Jenny's voice came from behind Song Yang. Jenny was holding a black diamond-studded dress and asked Song Yang excitedly.

Jenny, who finally finished filming several low-budget, award-winning art films, returned to San Jose. She chose a dress to participate in the red carpet premiere of "The Matrix 3" in a few days. It's finally the last one!
"I can't think of anyone who can surpass you and become the focus of the audience on the day of the premiere!" Song Yang looked back at the dress and said to Jenny.

A gust of wind blew up several newspapers and magazines next to Song Yang's hand, which read, "The little cowboy is running for office and officially announced that he will formally run for president in Iowa on June 6!"

"Vice Commander Gore, announced that he will run for election in Carthage, Tennessee!"

"CNN claims that the Cowboys campaign office has raised $3630 million in campaign funding, three times the record high and twice that of Al Gore!"

"Grand Theft Auto is officially on sale, and the sales volume on the first day exceeded 150 million sets, setting a new record in the history of 3A games!"

"ebay will go public next week, with a market capitalization of US$170 billion, making it one of the most expensive stocks on Nasdaq. However, eBay's major shareholder Bruno Song and founder Pierre Omidyar have successively confirmed that they will not participate in the IPO. Listing Ceremony!"

Song Yang's cell phone rang at this time, and after connecting, Irene's voice came out from the phone, "I will announce my resignation from ICQ today!"

"I see!" Song Yang just responded lightly, put down the phone, and looked outside the club, what should come will come after all!
America has just entered the first week of June, and there is a shocking news in the technology industry. Erin Dougherty announced her resignation as president of ICQ!

(End of this chapter)