Chapter 855 Crazy Market
Bill Gates is not William White. William White can accept Yahoo competing with him, but he cannot accept the existence of two browsers.
The most deadly thing is that Netscape is sought after by high-end users. William White said four or six, but he, Bill Gates, knew that he was saving face for him, and three or seven were about the same.
The most important thing is that 70% of the users are high-end users.
Turning around in Silicon Valley, Bill Gates fell into confusion. When it comes to high technology, people first think of semiconductor or software companies.
The situation seems to be different now. Semiconductors are semiconductors, and this thing has been thrown into traditional industries. As for software companies, office software databases, and operating systems, they are also classified as traditional industries.
Knowing that Silicon Valley is divided in this way, Bill Gates was dizzy at the time. Nima, what is your standard?
Someone told this uncle very disdainfully, now is the era of the Internet economy, your company does not have an E, and you have the nerve to talk about high technology.
Bastards, this is nothing but hype. If you haven't solved the profit model, how can you become a high-tech enterprise. It's just eyeball economy, it's as mysterious as you say.
"$3 billion isn't enough? Are you kidding me?"
"Boss, they were also very surprised by the news we got through Damo."
Bill Gates was dizzy and completely rejected the idea of acquisition. It's not that he can't make up the money, it's really unnecessary.
At the same time, the old guy at Damo was grinding his teeth. Forget about Pixar, a company with a valuation of one billion dollars is really not his turn to worry about.
"Andy? Netscape four billion? If I remember correctly, their starting capital is only over ten million. Also, how much software have they sold so far?"
"Boss, it won't exceed 20 million. If you do the math, Microsoft should have 40 billion."
The old guy from Damo couldn't understand why all of them were monsters.
"Is this market still a market we are familiar with? Could it be that they priced it in Japanese yen?"
"Boss, they are already crazy. The venture capital funds active in Silicon Valley are close to eight billion dollars."
"So, he, William White, took half?"
"Boss, is this really the case? Several of his funds have narrowed their investments. From time to time, they will make some deals."
"Well, it seems that our criticism is correct. If Netscape is worth 4 billion, So easy and ICQ really shouldn't be so low."
"Boss, the differences are mainly concentrated on Internet companies. Although they expressed dissatisfaction with Cisco's valuation proposal, they were just bargaining. As for the two Internet companies, they just scolded the street. Goldman Sachs was even worse and rushed home. They are not allowed to participate in the press conference."
"Okay, Andy, help me ask these big guys to play, this is not right, there is definitely something wrong here."
It is meaningless to blindly inflate the valuation. You can say that Netscape and Pixar are whimsical, but you cannot say that William White is the same.
There are many cases where inflated prices lead to the failure of issuance. Generally speaking, the price of the second IPO will encounter an avalanche.
William White was one of them, and there was no reason why he should not understand it. Moreover, this product has always been very tight on the stocks in his hands. The one they bought at Morgan Stanley only has part of the voting rights.
Not buying?
OK, walk slowly. Believe it or not, I add 10% and sell directly to the foot basin people?
The big shop bullies customers, it's the same everywhere. The stock in hand is worth money, which is pleasing. But why is it so valuable?
After all, Netscape has sold less than 20 million software, why do you William White?
So easy and ICQ?
Five hundred million has already been burned, and I have not seen a dime in return. Nima, no wonder there are so many venture capital. Let him say that there is a risk of wool, Netscape plus So easy and ICQ, this is a proper 10 billion.
All other investments are on the street, so are these three companies worth their fare?
What? You didn't invest in these three companies?
Die, it's your blindness, it's nobody else's business. The old guy is very sure that as long as these three companies have a smooth IPO, the venture capital will definitely have an explosive growth.
The investment bank couldn't understand it, and the boss of the Federal Reserve Bank was also dizzy. In order to save Mexico, I am already suffering from a headache. 50 billion U.S. dollars, and government endorsement, you can get more than 10 billion if you just toss around here.
attention economy?
Well, it's actually covered in the Harvard curriculum. However, this amount is too exaggerated, right?
"Don't understand? You should go and talk to William White." Paul Volker looked at Greenspan with a smile, this guy, shouldn't he ask for advice.
"Paul, that naughty boy, don't expect to hear a single truth from him. I just said that I was a little overheated, so he took it out to ridicule me."
"Hahaha, dear Allen, Buffett is even worse. He is directly said to be ignorant and pretend to understand."
"Well, I have no excuse, and I believe Buffett can't do it either. Just like his achievements at the Oscars, no one will doubt this evildoer."
It is easy to say that it is easy to live and learn. With the status of Greenspan and Buffett, even if you want to calm down and study, it is impossible.
Well, the computer is really good, the statistics are very convenient, and receiving mail is also very good. What about the profit model? Just rely on those few professional users?
Don't invest in things you don't understand. I have to say that Buffett is a sensible person. If you are desperate to toss, you may not be able to guarantee it at the end of the festival.
What? I was caught off guard.
Ahem, that's not his personal money. his own wealth. It has long been thrown into the charity fund. You tell him that the U.S. stock market has melted again, and he won't care too much.
Well, our new drug is successful, you can live at least another fifteen years.
Believe me, what Buffett wants to hear most must be this sentence.
Not to mention the 89-year-old Buffett, Bill Gates, Zuckerberg, that one is not spending a lot of money on drugs that prolong life.
In William White's view, it is really unnecessary. Quality of life is of course OK, if you just lie in a wheelchair, what's the point of tossing around for so long.
What if it crosses over again?
According to the law of conservation of energy, energy will not disappear even after death.
So, will there be a parallel world?
This is really hard to say.
He lived to be 108 years old, and hoped that the doctor would save him again. Cough cough, so what, this is actually really meaningless. If your old man's energy is exhausted, then you will really be in trouble, should you just go and be a beggar?
Hehe, the poorest is nothing more than a beggar, and if you don't die, you will eventually come out. This sky won't beg for food anymore, as for that parallel world, maybe it will be a beggar.
Whether you like it or hate it, it is an indisputable fact that Silicon Valley is becoming more and more lively. As for whether there are bubbles in it, this is actually a false proposition.
Just like the current situation, if more than 10 billion US dollars are thrown down, it will naturally be mud and sand. There are those who are overflowing, and naturally there are those who have nothing to lose.
If you ask those successful investors, of course they will tell you that the market is healthy. If you ask those who are on the street, of course they say that investment needs to be cautious.
These debates are actually meaningless. You just need to know that semiconductors are a sunrise industry, and so is the Internet. Instead of worrying about whether there is a bubble, it is better to figure out the characteristics of a successful company.