Back To 1995

  Chapter 212 No business, no harm

   Hearing Song Yang's words, Cooger couldn't help but said in a hurry, "Song, what does the America Global Investment Fund mean today?"

   Song Yang couldn't help laughing when he heard this, motioning for Coog to sit down, "As I said, I will support Yahoo. Today, America Global Investment Fund, isn't it supporting Yahoo?"

   This sentence, Kuger is really speechless, Song Yang is indeed supporting Yahoo, not just rhetoric, but he is using real money to support Yahoo, but this is always a bit boring to hear.

   "This is how you support Yahoo?"

   Cooger sneered, it was Cooger who came to find Song Yang tonight, not Yang Zhiyuan or Brady. With Yang Zhiyuan's good-natured personality, Cooger was really afraid that Yang Zhiyuan would directly carry Song Yang to the Yahoo board of directors.

He and Wall Street finally diluted the Yahoo shares held by DoubleClick from 5% to 4%. Cooger really doesn't want to see Song Yang on Yahoo's board of directors anymore. It's not that he and Wall Street behind him will.

   "Buy Yahoo stock today, ICQ launched a portal website, this is your support for Yahoo?!" Cooger said to Song Yang with some accusation.

  Now Yahoo is about to launch the portal website, and ICQ has also launched a portal website. It is obviously in the arena with Yahoo. On Yahoo's side, it is in competition with Song Yang's ICQ.

  Song Yang was a little dissatisfied when he heard this. What's the matter, he hasn't scolded Yahoo yet, and Kuger has been aggrieved here.

   "The e-mail box developed by Yahoo will be launched soon, and the instant messaging software Yahoo Messenger developed by Yahoo is also under development. If I remember correctly, I didn't prevent Yahoo from entering these industries, right?!"

   Song Yang asked Kuger that in the current Internet industry, basically copying each other's homework, as long as one company launched a new project, other companies immediately followed.

   Yahoo now has the prototype of a portal website, and is building a portal website relying on search, but not only ICQ is building a portal website, Excite, Lycos and Infoseek and other companies are also transforming from search engines to portal information websites.

As for Yahoo itself, it's not much better. The e-mail box developed by Yahoo itself has already started to publicize. This is the first thing Song Yang started to play. Although the Hotmail mailbox is now in the hands of Microsoft, Yahoo also does not pay attention to entering the e-mail box. industry.

   Not to mention instant messaging software, Yahoo barely concealed it, and said with great fanfare that to develop "Yahoo Messenger" to enter the instant messaging industry, it is to compete with ICQ for a job!

   Now Coog still has the face to say this, Yahoo and ICQ are at most copying each other's homework, and no one can talk about white lotus.

   Kuger was stunned by Song Yang, and he was speechless, knowing that he would not be able to take advantage of his words.

   took a deep breath, looked at Song Yang, and Kuger asked, "Song, how many shares of Yahoo do you want to get?"

   This is the purpose of Cooger's visit today. Yahoo was launched by Sun Zhengyi and Wall Street. He came to Song Yang today to know how much Yahoo stock Song Yang wants to get!

   Yahoo needs investors, but Yahoo, which has completed its listing, also has requirements for investors to enter the board of directors.

   As for Song Yang, Kuger and the Wall Street behind him actually don’t really want Song Yang to join the Yahoo board. No one knows what tricks Song Yang will play when he joins the Yahoo board.

  Compared with Yang Zhiyuan, who is willing to compromise with Wall Street, Song Yang is full of uncertainty. Take a look at Song Yang’s establishment of DoubleClick, ICQ, and America Telecom. They are all under Song Yang’s control, and Wall Street has no involvement at all.

Yahoo is different. Coog, the president of Yahoo, is a Wall Street person. In addition, Yang Zhiyuan, Ferro and other founders do not have such a strong influence on Yahoo like Song Yang. Now Yahoo is actually owned by Wall Street. In management, Sun Zhengyi is also a major shareholder at most, Yahoo or Coog and others have the final say.

  But if Song Yang joins in, what will it bring to Yahoo? That's not necessarily the case. Coog came here in such a hurry, because he was afraid that Song Yang would come up with something.

   Song Yang looked at Cooger with a serious face and shook his head, "President Cooger, the American Global Investment Fund invests in Yahoo. This should be a good thing for Yahoo, too. Yahoo's share price today proves everything!"

   "You know, that's impossible, Wall Street won't let you get Yahoo!"

  Coog first reminded with a serious face that Wall Street was going to use Yahoo to speculate on the concept of the Internet. Masayoshi Sun desperately increased his stake in Yahoo, because he was afraid that he would spend so much effort and finally be kicked out by Wall Street and work for nothing.

   "5%, Song, the American Global Investment Fund in your hands cannot hold more than 5% of Yahoo."

  Coog looked at Song Yang and said, "Yahoo will let you get a maximum of 5% of the equity, plus the 4% equity of Yahoo held by DoubleClick, the board of directors of Yahoo can give you a director position!"

   Once the American Global Investment Fund got 5% of Yahoo's equity, raised a placard for Yahoo, and double-clicked the company's 4% of Yahoo's equity, Song Yang was equivalent to getting 9% of Yahoo's equity.

   This is not a small number. To a certain extent, this is already one of Yahoo's major shareholders after Sun Zhengyi and Yang Zhiyuan. Cooger is also equivalent to working for Song Yang.

If there is more equity, I am afraid it will be enough to affect Yahoo's operations and decision-making. Even one day, when Coog is not pleasing to the eye, Song Yang can initiate the election of a new Yahoo president, reorganize the board of directors, and veto Yahoo's acquisition project. It was something Cooger never wanted to see.

   Song Yang looked at Kuger's serious face, and knew that the 9% stake should be the bottom line of him and the Wall Street gang behind him. If there was more, he might not be willing to hype Yahoo and carry Song Yang a sedan chair.

   After thinking for a while, Song Yang didn't force it, and nodded slowly to Cooger. This time, he came to New York to cuddle rabbits, participate in Yahoo's IPO, and buy Yahoo's stock.

   If you buy Yahoo stock again, I am afraid that it is beyond the bottom line of Wall Street's heart, and you may not be willing to raise Yahoo's stock again.

   After all, Song Yang and Sun Zhengyi took away nearly half of Yahoo's equity. If this is a Wall Street hype and money is used to raise Yahoo's stock price, wouldn't it be cheaper for both of them? !

Seeing Song Yang's agreement, Kuger was also relieved, "Song, I hope Yahoo can become a collaborator with you, not an opponent, this is not a good thing for both of us, I think, Jerry doesn't want to. See that scene!"

  Although he was worried that Song Yang would get involved in Yahoo's board of directors, Cooger had to admit that if Song Yang was involved in something, it was indeed a good thing for Yahoo's stock price. If it didn't go public, some people would frantically grab Yahoo's stock?

If Song Yang can lock up the Yahoo stock he holds, plus the equity held by Sun Zhengyi, Yang Zhiyuan, Sequoia Investment, etc., the real Yahoo stock in circulation is probably very small. If this thing wants to increase, I am afraid it can just play...

After negotiating with Song Yang, Kuger returned to Yahoo's celebration banquet. Today, Yahoo held a grand banquet to celebrate the successful listing. Compared with the last Netscape scale, it was even bigger. many!

   On the first day of listing, the stock price topped $33 and the market value topped $800 million. The performance of Yahoo made the entire investment industry go crazy.

   Coupled with Song Yang and Sun Zhengyi, they both snapped up Yahoo stock on a large scale, which made Yahoo hot. Not surprisingly, tomorrow's Yahoo stock price may hit a new historical high!

The Internet, the technology industry, as well as Silicon Valley, Wall Street and other media, this night, all are discussing Yahoo in full swing, and analysts are discussing Yahoo's stock price, how far it can reach, a new rising star of the Internet, it seems that Rising.

   As for Netscape, which the whole Wall Street was crazy about at the end of last year, the stock price has dropped by no less than 30% compared to its peak, but still no one cares.

Continually being eroded by Microsoft’s IE browser, revenue has fallen into bottlenecks, overseas markets have been completely lost, and the anti-monopoly lawsuit against Microsoft has made no progress, making Netscape a bit of a trend of Mrs. Niu, from a popular little sweetie to a cow Madam, it's only a year or so away.

  Looking at TV stations, newspapers, magazines, etc., all touted as "Chief Yahoo", Song Yang wondered how Anderson, who was called "Silicon Valley Hero" last year, and Jim Clark, who was considered the godfather of the Internet generation, would feel.

  Song Yang got up from the North Shore Manor on Long Island. After breakfast, he walked to the office building of America Telecom in New York. Today is the time to meet AOL, and it is also the day of the big dog slaughter.

In the car, Song Yang picked up a few newspapers and glanced at them. They were all in love with Yahoo. Song Yang glanced at the time. It was the opening time of Nasdaq. Song Yang didn't need to call to ask. how hot Yahoo will be.

Today's Yahoo is indeed arrogant, especially when the American Global Investment Foundation publicly announced that it would raise a placard for Yahoo and snap up 5% of Yahoo's equity. Equity, these two news, completely detonated Yahoo's share price.

A large wave of leeks rushed into the Nasdaq screaming, frantically buying Yahoo stock, not only Wall Street, foreign investment institutions, but also Yahoo! At $50, it doesn't look like it's going to fall, and its market value has surpassed one billion dollars in a straight line, making it the second-largest company in Internet concept stocks!

When Song Yang watched this scene, he almost couldn't help but cut a bunch of leeks. At this time, if Song Yang threw away the Yahoo stock in his hand, Song Yang didn't know whether it would blow up those who rushed into Yahoo today. Chinese chives.

   But after just thinking about it, Song Yang still endured it. Compared with cutting leeks now, if he waits a year or two to cut them, he will give the leeks some room to grow, and maybe they will cut more leeks...

Song Yang now understands a little why so many people like to cut leeks. It's not that he wants to cut them, but that the leeks are delivered to the door by himself. He can only wave the knife with tears in his eyes. Even if he understands that people who can't cut leeks are like rushing leeks today. Those who entered Yahoo came in with the intention of making a fortune. Song Yang could only sigh, there would be no leeks if there was no business!

   (end of this chapter)