Back to 1995

Chapter 902
"Song, Sohu, Amazon and other companies have all sent messages to the North American Global Investment Fund for help, and companies such as eBay, Fortinet, and Yeadex have also expressed their willingness.

I want the North American Global Investment Fund to help them stabilize their stock prices, or invest another dollar..."

Song Yang, who was going to attend the ICQ board meeting, had just returned to San Jose, and Marcus, who was in charge of the money bag of the North American Global Investment Fund, immediately came to his door.

Song Yang is holding a copy of the Person of the Year selected by the latest issue of "Time Magazine". Although it is not yet the end of the year, this year's Person of the Year in America is beyond doubt.

The characters on the cover of Time Magazine this year are two women, namely Cynthia Cooper, who hammered WorldCom to death, and Sharon Watkins, who made a fuss. Otherwise, the media will Be active, keep up with current events, and be quite good at making things happen.

This year's big figures, stars in the entertainment industry, or powerful figures are nothing compared to the ruthless people who can kill two giant companies with a market value of hundreds of billions of dollars!

WorldCom has fallen and is in the process of bankruptcy and reorganization. Even after the reorganization, it is hard to say how long it can last. Enron just held a financial conference call and officially announced the loss. This basically confirmed those rumors. Kenneth officially announced He gave up the position of the head of the Enron Group to Jeff Skilling, and he is about to retire, but it is hard to say whether he can enjoy his old age peacefully...

Although the Kenneth man withdrew, he resolutely denied Enron’s financial fraud and fraud during the conference call, insisting that he and Enron were not guilty, but he didn’t know that when Kenneth said this, Andersen, who was under investigation At the accounting firm, did you urgently burn tons of documents related to Enron?

There are rumors that Arthur Andersen's Houston department destroyed most of the electronic texts, letters, documents and other things related to Enron. .

Song Yang put down the magazine in his hands. The media is an expert in adapting to the wind. Time Magazine dared to put these two women on the cover. It obviously believed that An Ran would not last.

"Sohu and Amazon can't hold on any longer?!" Song Yang asked Marcus.

Even ICQ, Yahoo, General Electric, and AOL Time Warner have fallen so hard that they can't protect themselves. They are raising dollars everywhere to tide them over. Those small and medium Internet companies are basically suffering now.

"Sohu is better. Although it has spent a lot of dollars to acquire other companies after listing, it still has reserves. The key is that the stock price has fallen too much. If it continues to fall below $[-], it may face the risk of delisting. !” Marcus said, frowning.

For small and medium-sized Internet companies, apart from having no money, the most uncomfortable thing is that their stocks have become junk stocks, and no one cares about them. After all, even local companies such as Pets and other Internet companies have fallen by a large number of votes. Who dares to say Sohu, Sina, Yeadex and other overseas companies can survive this hurdle? !

As a result, the stock prices of countless small and medium-sized Internet companies have been repeatedly tossing around a dollar, making those companies terrified, and they don't know when they will be delisted.

Sohu, ebay, and Yeadex companies, although they have not reached the point where they can't survive, they all want Song Yang to make a move to give a signal to the outside world. Live stock price!

"Amazon is not the same. Amazon's cash flow has almost dried up, and its stock price has fallen below $90. Compared with the highest point this year, it has fallen by more than [-]%.

After Amazon went public, Bezos continued to build warehouses and distribution centers in major cities in America. He also invested in pet e-commerce platform Pets and home e-commerce platform Living, but both declared bankruptcy this year.

Now the outside world is questioning Bezos' investment vision and Amazon's operating model..."

Bezos probably knows what it feels like to have teeth clogged after drinking cold water. After Amazon went public, Bezos used the huge financing obtained before the listing to invest in several e-commerce peers, but this year these e-commerce companies that Amazon invested in The platform is basically dead, closing the door, and successfully giving Amazon the title of "giant killer". It is estimated that in the future, there will be no companies that dare to ask Bezos to invest.

And when Amazon turned over Barnes & Noble, the outside world was applauded no matter whether they could understand Amazon’s business model or not, just like the so-called “wolf culture”. The beauty knife feeds the employees, and then stimulates the fighting spirit of the employees to get more beauty knife. Anyway, countless companies have learned to hold meetings all day long, shout slogans, poisonous chicken soup, and draw big cakes...

Now that Amazon's cash flow is almost dry, financial analysts and media professionals who were so good at the beginning have all started to jump out and start targeting Amazon with full firepower. After all, Amazon and eBay are the leaders of global e-commerce. The two representatives, criticizing Amazon, means denying one of the mainstream models in the current e-commerce industry!

"Investors on Wall Street now want Amazon to close warehouse centers and distribution centers, and significantly reduce the size of its staff. Bezos does not want to give up everything Amazon is doing now, so I hope to get investment from Song you. !"

After Marcus finished speaking, he looked at Song Yang. To put it bluntly, Amazon is now the people on Wall Street who are not optimistic about it, and even some investment institutions are uttering harsh words, just waiting for Amazon to go bankrupt.

There are also Amazon investors who keep putting pressure on Bezos, asking him to reduce his staff by a quarter or even half, and close the distribution centers and storage centers that cost money like water. They don’t want Amazon to play heavy assets. .

Bezos is naturally dissatisfied and unwilling to give up everything he has built easily, so he thought of finding Song Yang again. After all, Song Yang is also a major shareholder of Amazon, and Amazon has fallen like this. Song Yang actually Before dumping Amazon's stock, Bezos came to Song Yang to try his luck.

After Song Yang heard about Amazon's situation, he didn't have any worries. Amazon is just burning a little too much money. Bezos made a mistake in judging the Internet market and took a step forward.

Even if there is no external help, as long as Bezos slows down a little bit, he will definitely be able to survive. Now Amazon’s stock price is less than ten dollars, and its market value has fallen to around $40 billion. In the past decade or so, it can soar to more than [-] US dollars, and the market value can break through trillions of US dollars. At this time, buying Amazon's stock is absolutely impossible to lose.

Song Yang pondered for a while, and said to Marcus, "North American Global Investment Foundation, together with PayPal, established a Spark Fund mainly for investing in the Internet and technology industries. There are Sohu and other Internet technology companies that need help to provide support!

Marcus, I need the North American Global Investment Fund to become the major shareholder of companies like Amazon! "

The so-called teacher must be famous, and it is too eye-catching to directly say that cutting leeks is too eye-catching, and it is hated by others. If you change the name, what is for the future of the Internet, to prevent the Internet from really sinking, and to keep a spark of hope for the Internet? It's so much more touching...

Just like America harvested the leeks of old Europe, created a Marshall plan, harvested the leeks of old Europe, and made old Europe caught by America for nearly half a century. I have to say thank you to America.

Song Yang is also planning to set up a Spark Fund, an Internet version of the Marshall Plan, to reignite the prairie fire of the Internet, cut off the leeks of Amazon and other companies, and let them be used on various occasions, thanks to Song Yang's money help!

Hearing that Song Yang wanted to extend a helping hand to Amazon and other companies, Marcus frowned, "Do you need to wait a while, the Internet market is still very unclear, Silicon Valley venture capital companies, Wall Street institutions, Bank of America , are constantly reducing investment.”

Marcus felt that the risk was too great. It wasn't that Marcus was worrying about the sky, but that the Internet experienced this turmoil. It would be difficult to recover in less than three to five years. If you invest in it now, you may be in vain...

Song Yang didn't blame Marcus for being too conservative. If he didn't stop him, it would be a problem. After all, he had to pay attention to the timing of entering the field. If he entered early, he might become cannon fodder and die before dawn!

"Sometimes it's worth the risk, nothing is [-]% in the world!"

Song Yang smiled and said to Marcus, then changed the subject, and said with a serious face, "Marcus, the North American Global Investment Foundation, will start buying ICQ stocks on the market from tomorrow..."

(End of this chapter)