Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

"Proton Fund suffered heavy losses, and the other party closed several of its subsidiaries. Currently, only the main body is semi-operating."

"As for others, they are not so lucky. According to statistics, Wall Street has ushered in a new wave of bankruptcies in the past two months, and many small and medium-sized hedge funds that followed have closed down."

Speaking of this, Robert also sighed:

"Greed is the original sin. Fortunately, we were not impulsive at the time."

At this time, Robert was in the limelight. After leading the short selling of the four little tigers and Hanguo, Cayman Capital's reputation in the investment community reached a new peak.

Although Proton Fund has robbed a lot of exposure, Cayman Capital is undoubtedly the last laugh.

Even if there is no public financial report, judging from the scale of Cayman Capital's recent expansion, it is enough to be on par with the five major investment banks in the United States.

It is worth mentioning that the fifth largest investment bank in the United States is Bear Stearns and the fourth largest investment bank is Lehman Brothers!

Hearing Robert's report, Wang Lei nodded.

"By the way, boss, when will we let Amazon and Yahoo start IPO?"

"If you hadn't told me, I would have almost forgotten. The sooner the better."

Because Cayman Capital launched a short-selling campaign against the four little tigers in Dongzhou ahead of time, Yahoo, which was originally scheduled to go public last year, postponed its listing.

Even Amazon is in a wait-and-see state.

The booming Internet market in the United States has not been greatly affected by the Dongzhou financial crisis.

A lot of capital that has fled from Dongzhou is waving US dollars to chase Internet companies.

"Although Yahoo and Amazon have not yet gone public, there are many investors who are optimistic about them. Boss, I think they will create the miracle of Netscape!"

Hearing this, Wang Lei smiled:

"That's for sure. Their future is limitless."

When Yahoo went public, its market value was less than 1 billion US dollars, but just a few years later, Yahoo's market value grew to 100 billion US dollars!

Although it was not the most powerful when it went public, its growth was undoubtedly the most fierce.

Amazon is even more of an evergreen stock, although its stock price has only risen five times by 2000.

Although its stock price once fell by 94% during the Internet bubble, the stock price hovered at $5.97.

But after the Internet bubble, the stock price has been rising all the way, which is 2,368 times the price at the time of the public offering!

After confirming the listing of the two Internet companies.

Not long after, Wang Lei received a private call from Yahoo founder Yang Zhicheng.

"Shitou, you should have finished your family affairs."

"It's over." Wang Lei asked knowingly, "Zhicheng, are you happy?"

"Haha, my company plans to officially land on NASDAQ in a week!"

"Congratulations, congratulations, you and Filo (another founder of Yahoo) have finally gotten what you deserve."

When the two started their business, they had been using Stanford's campus network. The two squeezed into an abandoned school bus, and the entrepreneurial environment was very bad.

Because they insisted on using manual editing of search results, the work was complicated and boring.

If it weren't for the entrepreneurial passion, it's hard to imagine how they persisted.

However, their entrepreneurship soon ushered in a turnaround. They obtained the venture fund founded by Wang Lei at Stanford.

Through this venture fund, Wang Lei only used one million US dollars to obtain 20% of their shares.

After they had money, they moved to an office building outside the school and recruited employees, which led to their experience of being selected by Cayman Capital.

"What are you congratulating me for? Aren't you also a major shareholder of Yahoo? Come to us quickly, buddy, and don't miss the opportunity to ring the bell."

"Forget about ringing the bell, but I will definitely go to see it."

Yang Zhicheng was indeed happy. Although the listing was delayed for one year, they were favored by the capital market, and the latest valuation has reached a market value of 3 billion US dollars.

Not long ago, Sun Zhengyi, a native of Sakura Island, even offered a deal of 500 million US dollars in exchange for 15% of the shares.

The other party also promised to help Yahoo open up the Internet market in Sakura Island and advance into Dongzhou.

However, these two seemingly generous conditions were not attractive to Yang Zhicheng and Ferro at this time.

The reason was that Wang Lei had told him that Yahoo's shares would be valuable in the future, very valuable.

If he wanted to sell the shares, he had to give priority to Wang Lei's opinion.

And Wang Lei also made the same promise to him that he would help him open up the Dongzhou market, and it would not be a big problem to establish the Sakura Yahoo branch.

Seeing that Yang Zhicheng was unmoved, Sun Zheng threatened:

"If I can't invest in Yahoo, I will use this money to invest in Yahoo's rivals!"

Yang Zhicheng was indeed a little afraid, but perhaps because of his chaebol friend Wang Lei, he was not afraid at this time.

"Sir, in myBefore getting the first round of investment from Cayman Capital, AOL (yes, that's America Online) threatened me and Ferro in the same tone. Now two years have passed, and Yahoo's market share in search engines is still ranked first! "

"Before threatening, I hope you can see clearly that I rely on Cayman Capital, White Dragon Consortium and Netscape Internet Matrix. Compared with these giants, your threat is more like a provocation!"

Sun Zhengyi was shocked. He didn't expect Yang Zhicheng to bring up these three big mountains.

Seeing that coercion and inducement didn't work, he could only leave in disappointment.

Thinking of this, he smiled at the phone:

"Okay, you're here, Ferro and I will pick you up."

"By the way, Shitou, if I want to transform into a portal website, will you support me? ”

There was an obvious hesitation on the other end of the phone, and Yahoo still took the old path of portal websites.

With the promotion of Netscape Navigation Website, Yahoo already has a large number of users, but its advertising monetization ability can only be said to be average.

With a portal website, it can make profits by placing advertisements like Netscape.

The root cause is that Yang Zhicheng is not optimistic about the basic business of search engines, and they want to transform into a media company.

Yahoo's search engine is still very primitive, although the manual editing of entries makes them look very smart compared to their peers.

But once a truly intelligent search engine appears in the market, it will immediately fail.

The emergence of Google proves that Yahoo's abandonment of investment in search engines is a big mistake.

From a God's perspective, Yang Zhicheng's choice is undoubtedly wrong, but Wang Lei did not mean to stop him.

It is said that a forced melon is not sweet. The transformation to a portal website may be the fundamental reason for the rapid rise in Yahoo's stock price.

If he intervenes strongly, Yahoo may go to another extreme.

"Zhicheng, just do whatever you want to do. "

Hearing this, Yang Zhicheng breathed a sigh of relief. He thought Wang Lei had hesitated for so long because he had some objections.

Cayman Capital is very strong. Only with Wang Lei's support can he and Ferro have the final say.