We are all reborn, who wants to be the richest man?
Chapter 599 The Hot Internet
The U.S. presidential election has ended, and the U.S. people's attention has begun to shift away from the election.
If you ask where the topic has shifted to, the hottest topic in the United States right now is the upcoming IPO of Netscape.
On December 12, Netscape CEO Delong, new chairman of the Chris Foundation, Opland, and Microsoft CEO Sandra gathered at the Netscape headquarters building in Sai Kung, Hong Kong Island.
This new building, 138 meters high and 32 stories high, is Netscape's new headquarters.
The building is an irregular triangular building, consisting of three triangles stacked together in symmetry according to the three points of an equilateral triangle.
With its unique shape, the Netscape Building became an iconic building in Sai Kung and another landmark of Hong Kong Island as soon as it was completed. For this, Netscape also took on debts of more than 800 million Hong Kong dollars.
This is a money-burning enterprise, but it actually took on such a huge debt to build its headquarters. An ordinary enterprise would definitely not do this.
The reason why Netscape did this was not only because it had confidence in Hong Kong Island real estate and it was an investment, but the most important thing was that the land was free.
In 1982, the Hong Kong government officially implemented the plan to develop Tseung Kwan O into a third-generation new town, with the first batch of three residential areas and two industrial development areas planned.
But over the years, the development of Tseung Kwan O New Town has not been very good, and its population is less than 50,000.
There is a huge difference between this and the Tuen Mun and Yuen Long areas, which have developed only a few years earlier.
At this time, the population in Tuen Mun and Yuen Long had exceeded one million. As a result, the price increases of commercial buildings on Hong Kong Island were lower than expected, and the prices of residential properties returned to the level of 1989. Many old and dilapidated houses were even sold at a 8% discount.
Everyone in Hong Kong Island knows how Tuen Mun developed, so Sai Kung followed suit, which is also in line with Sai Kung’s development plan.
Because Sai Kung has a well-protected environment and beautiful natural scenery, it is known as the back garden of Hong Kong Island.
If the technology industry can be developed, the surrounding land will definitely appreciate significantly. Saigon is very suitable for developing high-end residential real estate.
Based on this plan, the search for a leader to drive the development of the entire region began.
It just so happened that in the third year, Far East released Netscape, which shocked the world, so Saigon approached Netscape and proposed a series of measures including providing land for free, various preferential policies, and coordinating low-interest loans.
This made Netscape, which was still very weak at the time and had no need for such a large headquarters, excited, and it directly took out a loan to start the construction of the headquarters building.
As it turned out, Saigon made the right bet and Netscape also reaped its rewards.
With the success of Netscape's Series A financing, the value of the land around the Netscape Building more than tripled.
Originally, the land price here was less than one-fifth of that in Kowloon and Hong Kong Island, but now it has risen to 60% of that level, and the upward trend continues.
Recently, Sai Kung has suspended all the original development plans for Tseung Kwan O, and plans to redesign Tseung Kwan O into another commercial core area of Hong Kong Island.
"The environment here is really great. Once the surrounding infrastructure is completed, this will really be a treasure land."
"What? Are you not satisfied with Microsoft's new headquarters?"
"That's a rural village. You can get out of the city by just pressing the accelerator and smell the fresh grass mixed with cow dung. I still yearn for life in a big city." Sandra's complaints made the other two laugh.
Since IBM became Microsoft's major shareholder, not only the name was changed, but the plan to relocate Microsoft's headquarters, which it had been pushing for, also received Luo Nianzhong's approval.
But I don’t know what IBM was thinking, but Microsoft’s new headquarters was actually located in the same city as IBM, Armonk.
It is called a city, but everyone who has been there knows that it is just a small village or a small town with a local population of less than four thousand people.
In this way, Armonk became the new headquarters of Microsoft, and the original Hong Kong Island headquarters became the Asian headquarters.
This also conforms to the conditions that Luo Nianzhong discussed when he asked IBM to acquire a stake in the company, which was to establish multiple data centers, with Asian data in Asia, European data in Europe, and American data in America.
"Come, try my red wine, and let this country bumpkin of yours see the world."
"Hong Kong Island is still the best. I miss the days when I worked in Hong Kong Island."
Sandra started working at Far East Software in Hong Kong in 1982, and later joined Microsoft, where she worked her way up to her current position. Now she has returned to the United States with Microsoft.
This time, he and Oplan, the chairman of the Chris Fund, came to Hong Kong Island for Netscape's listing. As for what its relationship is with the two of them, it is a big deal.
One of Netscape's major shareholders is the Chris Fund. The greater the influence of this fund, the less likely the United States will dare to touch the influential industries of the Luo family in the United States.
Because a large part of the fund's income is nominally used for charity, of course, while doing charity it will also help others with some insignificant small favors, such as campaigns.
Now, Yuanhang Asset Management Group and Chris Fund are the two legs of the Luo family to enter the United States. Yuanhang Asset Management Group is backed by numerous nursing homes, while Chris Fund is related to more charitable welfare undertakings.
As for Microsoft, Robert has already reached an agreement with IBM and Microsoft.
After Netscape goes public, it will issue an additional 18% of its shares to Microsoft, and Microsoft will give up its layout in browsers and search engines.
With such a good platform like Microsoft, it would be a waste to just develop the system. It is certain to extend to other Internet fields.
Microsoft has made email before, and I can only say that the results are good but not up to Microsoft's expectations.
In the email field, although Microsoft has a large market share, there is still a huge gap compared with HK-email, and the return on investment is disproportionate.
After learning that Microsoft was planning to enter the browser field, Luo Nianzhong asked Robert to discuss with IBM about acquiring a stake in Netscape.
If it was Bill's Microsoft, there would be no way it would agree to this, but this is IBM and Luo's Microsoft. IBM, this aging giant, cannot see the situation clearly and has no ambition, so it decides to quit while it is ahead. This is what Luo Nianzhong hopes to see.
He just wants to treat IBM like a pig and let it take advantage of him.
Compared with those former historical figures with great ambitions, IBM seems to Luo Nianzhong to be a weak link and can still stand in the front to share and absorb the firepower.
Another point is that Microsoft's shares were purchased at a 30% premium to the market value after listing, which will further fuel Netscape's market value.
The three of them had lunch at Netscape at noon. At two o'clock in the afternoon, seeing that it was almost time, Deron said, "Let's go. We should go meet the group of reporters below. We can't keep our media friends waiting too long."
On the eve of Netscape's listing, Netscape's major shareholder, Chris Fund Chairman Opland, and Microsoft CEO Sandra gathered at Netscape headquarters. This event itself was unusual, and reporters who got the news gathered downstairs in the Netscape building, intending to get first-hand information.
Netscape did not disappoint these reporters. Microsoft's upcoming entry made Netscape, which was about to go public, a hot topic again.
In the evening, Luo Nianzhong rarely got off work and went home early. He was watching the 30-minute news on ATV Comprehensive Channel with Welch Robert and others. The news was reporting about Netscape.
After the news report ended, Luo Nianzhong recalled the interviews with stock investors and managers of some investment institutions in the news.
"It looks like we are about to give birth to another great company."
“Even if Netscape is now a shell company with nothing, I think it cannot stop the enthusiasm of global investors.
Hype Netscape and make its market value as high as possible, this is what global capital does by default now."
There is nothing wrong with what Robert said, because only in this way can it trigger greater madness and financial institutions can reap more profits.
As long as it is a great invention, it will inevitably be hyped up by capital in the early stage, and eventually all will be in a mess.
But this is what Luo Nianzhong is happy to see, because he is one of the biggest assets.
"How is the PTT preparation going?"
Luo Nianzhong is not going to give a speech, and this is not a PPT, but a company.
PTT is the abbreviation of patent, which means patent.
This company was not established to transfer Far East's patents. It is a rogue patent company.
Don't think that rogue patents are unimportant. The money they can make is beyond your imagination.
When thinking of rogue patents, many people think of Qualcomm, but Qualcomm is not a rogue patent in the true sense. At least it provides services.
What are the patents of PTT? For example, the one-click order and one-click payment functions developed for hea.
This patent means that when you shop on a shopping website, you only need to fill in your information once, and you do not need to fill it in again each time you place an order.
In other words, if it is a shopping website, users must fill out relevant information every time they purchase a product if they do not want to be sued for infringement.
Don’t think this patent is ridiculous. In the past, Amazon made $23 billion from this patent.
Another example is a patent registered by PTT entitled "Only by paying registration fees can you obtain the right to use genuine software."
This was originally developed by Far East Systems to combat piracy, and is the activation code that Microsoft is still using today.
Before Far East Systems was introduced to IBM, Luo Nianzhong separated this patent and it is now in PTT Corporation.
There is also the corner patent of Honor Games, which means that when a game character moves to the wall, it is impossible to adjust to a reasonable viewing angle.
The solution is actually very simple. If the character is blocked by a wall, just hide the wall temporarily.
But if a game does this, then I'm sorry, you've infringed on my rights.
There are many rogue patents like this in the Far East system. Now Luo Nianzhong wants to bring these patents together into one company, which does nothing but fraud.
Whenever Yuandong dislikes someone, he will find ways to use the patents in his hands to cause trouble for that person.
"The headquarters is registered in Australia, and branches have been established in Europe and the United States. The organization behind it is very complicated and no one can find it."
"This will become a powerful weapon in our hands in the future, so we must arrange it properly."
"Don't worry, I asked someone from my family office to personally contact this company, and in order to distance itself from the other party, I also arranged an interesting goal for it in the future."
When he mentioned this, everyone in the office burst into laughter, because the person he was looking for was none other than Honor Games.
Not only do you cause trouble for others, you also tell them in advance and ask them to cooperate with you. The most important thing is that the patent you use was given to you by others.
Hey brother, I am planning to set up PTT company. In order to make an example of others, I will target your company first. You must cooperate with me.
This incident caused Andy Grove, the new CEO of Honor Group who succeeded John White, to curse Robert whenever he saw him, which became a source of amusement for the Far East Group.
Andy Grove is one of the founders of Intel. However, Intel was suppressed by the Far East chips and did not develop at all. It could only survive in the low-end market, so Andy Grove became a scapegoat.
Luo Nianzhong once asked John Baibo about his opinion on the candidates for CEO of Honor Group. His answer was that both Zhang Jing and Kenxi had greater potential, but were not experienced enough and needed someone to guide them for some time.
In this situation, Luo Nianzhong asked the human resources department to recommend a candidate who could effectively transfer the power of the Honor Group. The candidate David Urich gave to Luo Nianzhong was Andy Grove, who was kicked out and unemployed at home.
This man's ability is unquestionable, and Luo Nianzhong also believes this. If he hadn't encountered this monster, he would have been the biggest contributor to Intel's rise.
There is also the issue of age. Andy Grove is already 56 years old and can retire in less than ten years, so he will not be attached to power.
By that time, Zhang Jing and Kenxi will be less than 50 years old, which can be said to be the prime of their lives.
Luo Nianzhong agreed without much thought. Andy Grove was obviously very angry about being kicked out by Intel and hoped to prove himself again in Honor.
But he didn't expect that just a few days after taking office, Robert told him such a heart-breaking story.
If you want to sue, just sue and follow the normal procedures. Why do you come here to disgust me?
"Comrades, it's Deron's turn. A global iconic figure is about to be born. Should we slaughter him?"
"I agree with Luo's point of view. I heard that Watsons Catering invited a very famous private kitchen restaurant to open a store in Hong Kong Island. I think it's called Tan's Cuisine, right? I have wanted to try it for a long time."
"Is it because no one invites you that you will never go out to eat in your life? I really don't know why you make so much money."
Robert is famous for his "buckles" and in the Far East department he and Du Huilian are known as the Double Buckle Combination.
It can't be considered a deduction, but compared with his income, many things can only be described as a deduction.
"Jack, you're wrong. You know, I gave you a seafood gift box at Christmas."
"You might as well not talk about it," Welch said angrily.
"Hahahaha." Everyone laughed again.
Is the seafood gift box luxurious? It is very luxurious, and the size of the seafood inside is hard to buy.
But this seafood gift box was ordered by Far East and its subordinate companies last year as part of the Christmas benefits for Far East executives. Who would have thought that Robert would bring this when he visited Welch's home.
"It's getting late, and we haven't been together for a long time, so let's go and try the Tan family cuisine together today."
Luo Nianzhong knew about Tan Jiacai. After this private restaurant opened, Luo Laosi had brought his friends there many times. He always said that the dishes were very delicious and suited her taste, but some of the dishes were a bit greasy for people from Hong Kong Island.
“Then Robert must pay for this meal.” Welch didn’t want to let the other party off.
"Why me? Can't you see the bigger capitalist is here?"
"Hahahaha" there was another burst of laughter, and John Baibo even pointed at the other person's nose and called him Lao Kou.
……
Seven days passed in a flash, and on December 12, the Hong Kong Stock Exchange Science and Technology Innovation Board welcomed a much-anticipated stock.
In the words of stock investors, no stock listing has ever experienced such a situation.
Not only did ATV broadcast the entire event live, many TV stations in Europe and the United States also received the signal and broadcast it.
The issue price is HK$96.1, the total share capital is 374.4 million shares, and the market value is HK$48 billion, or US$ billion.
Compared with Netscape's Series A financing price, this price is simply too cheap.
But Luo Nianzhong wanted to do just that. He wanted Netscape to take an exaggerated curve.
The market value is too high and no one wants to buy it? Impossible, because the major investors are just carrying the sedan chair.
Not only Netscape's shareholders, but all capital will participate, because they did not invest in Netscape but invested in other Internet companies.
One hour later, the first transaction was finally completed at a price of HK$137.6 per share, with a total market value of HK$550.4 billion.
I just don’t know if the first person who sold the shares would regret it. An hour after the afternoon market opened, Netscape’s stock price reached its historical high today, reaching HK$208 per share, with a market value of over US$100 billion and an increase of more than %.
At this moment, stock investors all over the world began to go crazy, thinking that Netscape would continue to rise.
However, there is a gap between reality and fantasy. Netscape's stock price began to fall after reaching HK$208, and finally stabilized 20 minutes before closing, closing at HK$160.8.
Although there was a pullback, it is a fact that Netscape's market value increased by 67% on the first day.
"As brilliant as fireworks, the Internet age has officially arrived."
The headline of the Wall Street Journal the next day said it all: all Internet-related companies went crazy.
Just one day later, the Internet companies that were looking for investment yesterday are now being visited by various investment institutions.
On that day, several Internet companies completed financing, with valuations starting at at least one million US dollars.
Investors were crazy, and the investors were even crazier. Some even asked Nasdaq to provide a fast track for Internet companies, allowing them to go public quickly. Everyone was obsessed with the bubble created by Netscape.
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