Back To 1995

   Chapter 607 Touching Gold

  From the moment Netscape went public, it became rich overnight, and it is no longer unfamiliar in the Internet industry. In the Internet industry, only one day is enough!

Relying on the Internet industry, young people who have become rich overnight have also appeared one after another. The wind of the Internet has blown all over the world. Countless young people and geniuses have poured into this industry, wanting to find their own in this industry. nugget.

The Internet has given birth to a lot of wealth myths, but the listing of ICQ this time has hit the nerves of countless people. ICQ went public with a sensational valuation of nearly US$30 billion, which has surpassed countless veterans in traditional industries. company.

Those companies in traditional industries have worked hard and struggled for so many years, but they still have to wait in line to go public. The price-earnings ratio of listing is more than ten times, which is considered overestimated, but the price-earnings ratio of ICQ is almost becoming a water-injecting pig. Went to outer space, and was touted as having potential...

The traditional companies listed on the New York Stock Exchange saw that when ICQ started to raise $1.8 billion, big companies in traditional industries such as banking, insurance, automobiles, real estate, and electrical appliances were silent for a while. They are the representatives of established companies. They are all brands that have survived for dozens or hundreds of years. The market value has gradually risen to more than 10 billion US dollars. But ICQ, how long does it take from its establishment to its listing? The market value of a billion dollars!

   When Netscape went public, the outside world exclaimed that it took Netscape one minute to go public, surpassing the market value of General Dynamics, which was established 43 years ago, and the listing of ICQ was directly listed at ten times the market value of General Dynamics.

   After seeing the news of ICQ, I don’t know whether the traditional industry has been broken or not. Many people’s values ​​have been impacted. The old ideas are not applicable to ICQ.

  The entire Silicon Valley and the Internet are discussing how Song Yang's net worth will soar after ICQ goes public, and how many billionaires will be born.

Countless Internet industry practitioners are celebrating each other. If ICQ is successfully listed, it is equivalent to raising the ceiling of the Internet. Netscape has not really become a giant, while ICQ, Yahoo, AOL, etc. seem to have to. Prove that the Internet industry can also give birth to giants!

   "Mark, ClassMates should be listed too!"

  The most exciting ones are the colleagues who are also instant messengers and social networking sites. They are the truly stimulated group of people.

  In the joint online company that developed the ClassMates alumni directory website, investors are talking excitedly to Mark Goldstein, CEO of ClassMates.

  Since the emergence of ICQ, social networking sites have become a new industry on the Internet, and a lot of websites have emerged. Of course, behind this, the venture capitalists in Silicon Valley are all over the place to pour money into this industry.

   As soon as ClassMates was established, it received tens of millions of dollars in venture capital, and now ClassMates is also one of America’s “Top Ten” social networking sites.

   Of course, the ranking of the "Top Ten Social Networking Sites" is also very powerful. For example, ICQ never promises that it is one of the so-called top ten social networking sites, and directly declares that ICQ represents the Internet social networking industry.

Because the gap between these top ten social networking sites is too obvious, such as ICQ's global users, almost 100 million users, ClassMates users, but only less than 10 million, just opened in Germany, Sweden, Sites in Austria, France and other places, because of the users in the English-speaking area, are almost robbed by ICQ, and ClassMates can only find another way to develop users in the non-English-speaking area.

   In the face of the chatter of investors, Mark Goldstein was very calm, "Now is not the time!"

   "The ClassMates website is now profitable. This is the only thing that can be done among all social networking sites, including ICQ. ClassMates does not need to be listed to make money!"

  Mark Goldstein said with confidence that unlike ICQ, which is free, ClassMates is registered with a real name and charges a fee. User registration must be in a real name and must be paid.

   "ClassMates is going to be a "real" dating site, it's going to be a part of life so it can become the number one social networking site, and it's not the time to go public yet..."

Mark Goldstein also has his own set of theories. The Silicon Valley venture capitalists who listened to it sighed and sighed at Mark Goldstein's anger, but they couldn't do anything about it. The attribute of the ClassMates website is to focus on old school records. It doesn't matter, without this, it is nothing, and it is destined to not be able to play like ICQ.

   But looking at ICQ, it is about to start making money from the listing. Mark Goldstein is still slow here, and he wants to build a "hundred-year-old store" style social networking site, which makes the people of the venture capital company very anxious.

   "Mark, don't let ClassMates go on sale now, you'll regret it!"

  The Silicon Valley venture capitalist said to Mark Goldstein angrily, don’t take advantage of the frenzy brought by ICQ at this time and follow the trend to go public. When the limelight passes, it is estimated that the daylily will be cold.

Several Silicon Valley venture capitalists slammed the door. They invested in Mark Goldstein just to make money. Who knew that Mark Goldstein was not on the road, and let several venture capital firms also Terrible headache.

  Not all social networking sites, like ClassMates, still want to wait for the opportunity. Many social networking sites, forums, and communities want to fish in troubled waters. Taking advantage of the listing boom of ICQ, they will take the opportunity to "rub" on Nasdaq!

   The news that ICQ went public at a sky-high valuation not only had an impact on the local technology industry in America, but also in the global technology industry.

   Behind this, there are also investment banks such as Goldman Sachs, Morgan, Merrill Lynch, etc., who want to take the opportunity to take the opportunity to popularize ICQ, promote it to the world, and attract leeks all over the world, no, it is the attention of investors!

ICQ’s listing this time is a bit too big. It’s a bit difficult to gnaw on Wall Street’s investment institutions alone. Goldman Sachs is ready to let investment institutions from all over the world take over, so they need to build momentum for ICQ and mobilize the media to create public opinion. , but Wall Street's forte.

   Almost for a while, the news of ICQ has made headlines all over the world, and the discussion of ICQ in major technology media is endless.

   "ICQ, a social networking company in America, announced today that it has launched its IPO. ICQ is the world's first instant messaging company. ICQ claims that the number of users has reached 100 million, making it the world's largest social networking site company!

   This ICQ is expected to issue 30 million shares at a price of US$60, making it the largest fundraising in the history of global technology stocks. ICQ’s market value will exceed US$27.8 billion. The founder of ICQ is Song Yang, whose ancestral home is Yangcheng…”

  The comprehensive channel of the Central Media News Station also reported the news of ICQ on the international news. Nowadays, the gathering place of the domestic Internet, all the companies in Zhongguancun, are watching the news on TV.

In the news, the photo quoted was the previous photo of Song Yang when he came to Yanjing. In the photo, Song Yang stood in front of Zhongguancun, looked into the distance, and was surrounded by a group of people. Just looking at the photo, one could feel a sense of high spirits. a feeling of.

Watching the news on TV again, the entire Zhongguancun and the domestic Internet industry companies were a little dizzy for a while. I remember when Song Yang came to China last time, Song Yang was still the "upstart" in Silicon Valley at that time. family".

At that time, DoubleClick had just been listed, and Song Yang also had a halo on his head. In the domestic Internet industry, he was also a big man. But many people in the Internet and technology industries who read foreign news over the wall in China are still called Mark Anderson. Gates, who thinks they are the big names in the tech industry.

   But now, in less than two years, Song Yang has transformed into a real big man in the Internet industry. Netscape has fallen from the altar, but Song Yang's ICQ is about to ascend to the altar.

  The domestic BBS forum is still one of the communication methods for domestic netizens. In the past two years, various BBS forums have sprung up like mushrooms.

  The English version of ICQ has also appeared in China, but for some reason, ICQ has never set up a website and server in China, nor has ICQ's domestic agency rights been handed over to its long-term domestic partner Ying Haiwei.

   "After ICQ goes public, will Song Yang become the richest man in the Internet industry?"

   "How much is Song Yang worth?"

   "After ICQ goes public, Song Yang will own two Nasdaq-listed companies, double-click and ICQ, and the rest are American Telecom, Alcatel Mobile, Xue Leshan, etc. that are not listed..."

   "The upstairs is a idiot, Microsoft's market value is almost surpassing that of General Electric. Unless ICQ's market value is tenfolded, Song Yang will never be able to surpass Bill Gates!"

On the BBS forum, Song Yang is also very noisy. The scale of domestic Internet users has already exceeded one million. Users who enter the BBS forum and chat rooms are also constantly pouring in, but they are mixed, and there are basically quarrels every day. , far less than when Song Yang came to Yanjing, when the forums were filled with people like Rebs, Ding Sanshi, and Boss Ma.

   Now these characters have all entered the venue one after another. Rebs has re-entered Jinshan to help Jinshan and Microsoft fight again in the office software industry.

  Ding Sanshi also resigned from the previous unit, established NetEase, and is now tinkering with the mailbox software.

Ying Haiwei has acted as an agent for Hotmail mailboxes from Song Yang very early, but the mailboxes are not very profitable. Coupled with system upgrades, maintenance, server fees, etc., Ying Haiwei is not very concerned about Hotmail mailboxes, and they appear from time to time. some problems.

Now NetEase is engaged in 163 mailboxes, in addition to 126, mailbox master, 990, Guozhong.com and a large number of electronic mailboxes, the electronic mailbox industry in China has also been killed into a sea of ​​blood, and Yinghaiwei has given up mailboxes business plan.

   Brother Xiaoma, who has been with Yanjing for a few years, is now back in Hangzhou and is gathering the Eighteen Arhats, especially after hearing the news that Amazon is going to go public, he is ready to make a big splash in the e-commerce industry.

Pengcheng's Boss Ma is also in the sea now. Taking advantage of ICQ's absence in China, Boss Ma launched ICQC software, which seems to be a bit similar to ICQ, but ICQ does not seem to be looking for ICQC trouble. Instead, on behalf of Song Yang's Star Wish Foundation in China, he expressed his intention to invest in ICQC, which surprised many other companies imitating ICQ.

At the BBS forum, the people who were hanging out with each other have now entered the Internet industry one after another, and some of them have become big figures. For example, 8848 founded by Lao Rong is already the largest e-commerce company in China. Boss Ma of Hangcheng, it is much more beautiful.

  There is also Sohu, which has received investment from the Star Wish Foundation, and has the title of the largest domestic portal website. Recently, it has begun to shout the slogan of being listed on the Nasdaq!

The listing news of ICQ caused cheers in the Xingyuan Foundation building in Yanjing. In this building, all the companies invested by Xingyuan Foundation gathered, including 8848, Sohu, Bit.com chinabyte, 100 million yuan Tangwang and others are all technology companies incubated by the Wishing Star Foundation.

The Star Wish Foundation represents Song Yang's investment in China. The higher Song Yang's wealth is, the more beautiful knives will be invested in the Star Wish Foundation. These companies in the building will have a better life. At this time How can you be unhappy.

   Listening to the cheers in the building, Fang Qiuyu, the general manager of the Star Wish Foundation, also showed some smiles on his originally unattractive face.

Now Star Wish Foundation is the largest venture capital and investment company in China. It has invested in more than 400 companies. In addition to Internet companies, it has also invested in Gree, Vanke, Luzhou Laojiao, etc. Companies, the US dollars spent, there are seven or eight billion if not one billion.

However, there are not many returners that can be earned back. Song Yang does not care too much. Every quarter, he invests a sum of money in the Star Wish Foundation and asks Fang Qiuyu to invest, but Song Yang doesn't care, Fang Qiuyu couldn't ignore it.

  The Star Wish Foundation, the target is the North American Global Investment Foundation, the North American Global Investment Foundation, and they continue to invest, but they make more money, but the Star Wish Foundation has been losing money, how can Fang Qiuyu not be Alexander.

Especially recently, Yinghaiwei has once again spread a moth. Yinghaiwei is a company invested heavily by the Star Wish Foundation. It has raised the valuation of Yinghaiwei to 100 million US dollars. However, this year, the domestic telecommunications department has joined the two major Operators, in order to expand the scale of Internet users, collectively lowered Internet access fees, which caused Yinghaiwei's revenue to plummet.

As a last resort, Zhang Shuxin announced that Yinghaiwei has begun to transform, but Yinghaiwei does everything, such as telecommunications, instant messaging, forums, e-commerce, portals and even games, but is not the boss in these industries, especially this year, these industries Industry leaders have emerged, such as Sohu and Sina in portal websites, 8848 in the e-commerce industry, etc., making Yinghaiwei very embarrassing.

Fang Qiuyu hopes that Yinghaiwei can be listed, and make a sum of money to make the Star Wish Foundation return to its original capital, and also allow Yinghaiwei to have the capital to transform, but there are too many restrictions for listing in China. , or to Nasdaq, but it is not so easy, which makes Fang Qiuyu a headache.

   Now Song Yang is busy with the listing of ICQ, so Fang Qiuyu can breathe a sigh of relief, he is going to find an opportunity to send Sohu, 8848 and the like to Nasdaq...

   (end of this chapter)