MTL - The Science Fiction World of Xueba-Chapter 477 Yahoo listing

Ma Yun stood blankly, looking at the contents of the magazine, as if petrified.

At this time, Bill on the side was curious: "Jack, what's wrong with you?"

"No ... nothing!"

Ma Yun shook his head and took a deep breath.

He never imagined that Yahoo, which had caused such a tremendous movement in the United States during this time, was actually the work of Pang Xuelin.

You should know that in recent months, Yahoo's business model and development model have become the focus of attention in the industry. Many economists and financial experts are studying Yahoo's business model.

The entire Wall Street is focused on the upcoming investment outlet of the Internet.

At present, the number of Internet users in the United States is increasing at a high rate of 20-30 million per year.

At this rate of development, I am afraid that within a few years, Yahoo will become a giant in the Internet industry.

At that time, no one can determine the height of Yahoo's market value.

But there is no doubt that Pang Xuelin, who owns 80% of Yahoo, has the ability to wrench the wrist with Bill Gates.

...

Ma Yun's gaze continued to read along the article.

After a long introduction, the next step is an interview with Zhenger Bajing.

Mitchell James: Mr. Pang, thank you very much for having the time to interview me. As far as I know, very few media can interview you. Why did you choose to accept our interview at this time? Is it related to Yahoo's next listing on board?

Pang Xuelin: Actually, I have always been a very open person, but I focus on internal management rather than external publicity, so the media finds it difficult for me to interview, which may just be a misunderstanding.

However, it is undeniable that this decision to accept your interview with Mr. James is indeed related to Yahoo's upcoming listing. After all, after Yahoo is listed, the shareholder information will basically be made public. As an investor of Yahoo, I have an obligation to stand up at this time. To convey to the public some of my personal ideas and some information about Yahoo's future development.

Mitchell James: Mr. Pang, I am very glad that you are so frank and hope that we will be able to communicate frankly in the following interviews.

Pang Xuelin: I hope so.

Mitchell James: Mr. Pang, we know that you invested in Yang Zhiyuan and Ferro ’s Yahoo two years ago, what kind of perception were you based on at that time? At that time, did you think that the Internet industry will usher in great development?

Pang Xuelin: Indeed, without this recognition, I would not invest in Yahoo. In fact, in my opinion, the current stage of Internet development is still in its infancy, there are many immature places, and there are many things that should be wait We continue to develop, and I think that most people may not realize what changes the Internet will bring to our society. Whether from a political, economic, social or commercial level.

James Mitchell: What do you think of Yahoo's listing? How many dollars do you think the market value of Yahoo can reach?

Pang Xuelin: The listing of Yahoo is a stimulant to the entire Internet industry. Before Yahoo, many people were wondering how the Internet industry should be profitable. Now Yahoo has given a benchmark business template, which is about the flow of traffic and advertising. As one, and provide netizens with as many portable Internet services as possible.

As for how many dollars the market value of Yahoo can reach, I have no way to give an estimate at the moment, but I think, as the first Internet company listed in history, Yahoo should be a company with a market value of hundreds of billions of dollars!

James Mitchell: Hundred billion dollars?

Pang Xuelin: Yes, in fact, in my opinion, technology companies with trillion-dollar market value in the future are not unusual.

James Mitchell: Mr. Pang really loves to joke. By the way, Mr. Pang, as far as I know, before Yahoo went public, you stripped off Yahoo ’s website navigation, search and communication services. If these several businesses are listed at the same time, I believe Yahoo will definitely get a higher valuation. You Why did you decide to divest these businesses? Do you think that the future development potential of search and communication services is stronger than that of portals?

Pang Xuelin: With this in mind, according to my plan, Yahoo, QQ, Google, Hao123, etc. will all become part of Xinghuan Group in the future. At present, there is still great growth potential in the Internet search and communications business market. I do n’t think it ’s a good time for these businesses to go public, so I made the decision to divest it from Yahoo.

James Mitchell: Mr. Pang, in addition, as far as I know, you are also Cisco's largest individual shareholder, in addition to the world's largest film and television disc manufacturer Xinghuan Technology, China's largest private communications company Warwick, China's largest chip design company HiSilicon is your industry. In a sense, your company represents the pinnacle of Chinese commercial high-tech companies. What are your expectations for the future if you have invested in so many companies? Also, how do you view the future high-tech cooperation between China and the United States?

Pang Xuelin: Actually, we are the poorest high-tech company in the world, poorer than any other company in the world, but our investment is stronger than any other company in the world. What is the reason?

We are for the ideal and for the future, so our scientific research investment is very large, ranking among the top ten in the world.

Our scientific research is not only limited to engineering technology innovation, but is ahead of the world in engineering technology; now we pay more attention to theoretical innovation, for a large-scale strategic layout after ten or twenty years, in mathematics, physics, chemistry, 3G / 4G / 5G ... layout, our competitiveness will be stronger in the next ten or twenty years.

We hope to strengthen cooperation with the United States and win the world together.

I believe that with the continuous development of China's economy, China and the United States will surely usher in more cooperation opportunities in the high-tech field, and the exclusion of Chinese companies from American cooperation is a loss for American companies. Overall, I personally hope that there will be more cooperation and win-win between the two countries.

James Mitchell: We all know that your childhood is not happy, have you learned anything from childhood? I mean, what effect has the family had on your life?

Pang Xuelin: I do n’t think my childhood was unhappy. Although my parents died prematurely, my third aunt and three aunts still tried their best to support me to grow up. Maybe we did n’t live well in material terms, but in spiritual life , I think my childhood is more colorful than most people.

Most of my energy is focused on learning, mathematics, physics, chemistry, literature. For me, doing business is just a business tool for realizing my ideals in life.

James Mitchell: Oh, isn't your life ideal not to make your own company develop better?

Pang Xuelin: No, I said that the reason why I do business is entirely for my ideal service.

In the mid-20th century, when Armstrong imprinted the first footprint on the moon, almost everyone believed that humans would be on Mars within 10 to 20 years. Now, more than thirty years have passed, let alone Mars, and no one has ever been to the moon again. The reason is very simple: it is a loss-making transaction.

After the end of the Cold War, economic norms rule the world day by day, and mankind has achieved tremendous achievements under this criterion: now, we have eliminated war and poverty, restored ecology, and the earth is becoming a paradise. This makes us more convinced of the correctness of the economic code. It has become supreme and penetrates into every cell of ours. The human society has become a 100% economic society. The thing that input is greater than output will never be done again. Too. There is no economic significance to the development of the moon. Large-scale manned detection of planets is an economic crime. As for interstellar navigation, it is an out-and-out mental perversion. Now, humans only know inputs and outputs, and enjoy these outputs. Now!

For me, I hope that one day, the money I earn will make a more meaningful contribution to our human civilization.

For example, invest in scientific research to explore our cognitive boundaries.

For example, invest in space to explore our natural boundaries.

Perhaps the naturally-occurring risk genes in my body, for me, human science and technology should serve the future development of human beings, and should not become a tool for rolling between countries ...

...

The interview was very long. Ma Yun watched it for almost half an hour before putting Fortune magazine down.

The impact of this interview on him is no less than the introduction in the first half.

Many people's cognition of Pang Xuelin still stays as a genius boy, inventor of CVD player, owner of Xinghuan Technology Co., Ltd.

But he never thought that Pang Xuelin had been silent for two years, and did so many things unconsciously.

Warwick Ma Yun has heard that the communications industry in China is a legendary existence. Since the invention of C & C08 program-controlled switches three years ago, Warwick has been on the fast track all the way from program-controlled switches to network switches to mobile digital. Communication base station, this company is simply a mudslide in the field of China's communication industry, and it has shocked all foreign brands, and even now there is a tendency to counterattack foreign markets.

HiSilicon, this enterprise is not familiar with Ma Yun, but judging from the title of China's largest chip design company mentioned in the exclusive interview, it is obviously not easy.

As for Cisco, it goes without saying.

Ma Yun came to the United States for more than a month. The name Cisco is often mentioned on TV.

This is one of the fastest-growing companies in the United States in the past decade, and its potential is not under Microsoft.

Ma Yun did not expect that Pang Xuelin was still Cisco's largest individual shareholder.

For this alone, Pang Xuelin is indeed qualified to rival Bill Gates.

At this time, Bill on the side curiously said: "Ma, this person seems to be Chinese, do you know him?"

Ma Yun smiled slightly and said, "Of course I know! This is our Chinese Bill Gates!"

...

In fact, when this Fortune magazine interview with Pang Xuelin was issued, it quickly caused a sensation in the United States.

Many Americans did not expect that Cisco, Yahoo, one is a network communication equipment company, and the other is an Internet company. These two can be said to represent the highest level of the United States in the Internet field. There is a Chinese shadow behind them.

Moreover, this Chinese is so young!

The media began to report Pang Xuelin's life experience in series.

Including the "New York Times", "Washington Post", "Wall Street Journal", CNN and other media, have given Pang Xuelin extremely high evaluation.

The American media has a natural closeness to capital, especially in an era when the Internet is underdeveloped, and under the appropriate currency disbursement policy, a capital tycoon like Pang Xuelin will soon be able to establish a good image among the American people.

Many Americans even consider Pang Xuelin as the Chinese version of Bill Gates.

The wave of public opinion in the United States soon caused a sensation in China on the other side of the ocean.

After seeing related news, many Chinese have the feeling of whether they are dreaming in the daytime.

After all, in this era, the magical Ganges waters in India, the summer camps in Japan, the domineering passports in the United States, and the sewers in the conscience of Germany, but the literary mouthpieces were generally instilled in Chinese people ’s perception of foreign countries. sense.

Therefore, when people learn that Pang Xuelin is in control of the largest Internet company in the United States and has become the largest private shareholder with a market value of more than 100 billion US dollars, almost everyone has a dream-like feeling.

At what time, the Chinese can also come up with such awesome enterprises.

As for companies such as Warwick and HiSilicon, they are automatically ignored in media reports.

Of course, with the exception of a handful of lemon extracts, most people in the country have a feeling of honour and pride.

After all, Pang Xuelin earns money from foreigners, but also from the Internet industry in the tall, it is exciting to think about it.

Even in this storm of public opinion, almost all people have been popularized about the future of the Internet industry. There are also countless younger generations who are grappling with their hands and trying to enter the Internet industry to replicate Pang Xuelin's success.

Pang Xuelin will naturally ignore the outside disturbances.

On March 10, 1996, Yahoo finally officially listed in the eyes of countless people.

The listing of Yahoo this time ~ www.novelbuddy.com ~ sold a total of 30 million shares in circulation, accounting for 30% of Yahoo's total shares.

The listed issue price is US $ 50 per share, which is equivalent to a valuation of US $ 5 billion.

But no one thought that ten minutes after Pang Xuelin struck the bell, Yahoo's stock soared at an unprecedented rate.

An hour later, the stock broke through seventy dollars.

Three hours later, it broke through one hundred dollars.

When trading stopped six hours later, the stock broke through US $ 180.

Even Pang Xuelin was surprised.

Although the development level of his own Yahoo has far exceeded that of Yahoo in history, its market value has also surpassed the market value of Yahoo in history by 20 times, which still far exceeds Pang Xuelin's expectations.

With this rate of increase, Yahoo's market value in the future may be far higher than the highest market value of Yahoo in history, much higher.

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