Chapter 1522 The Biggest Bubble Company?

For example, even if the current spider search engine passes the test this time, Yin Jun is not ready to launch it into a project immediately and put it into formal operation.

Because the current conditions are not mature enough.

Currently, the total number of corporate and personal computers in the world does not exceed 50 million, and most of them are old products.

The so-called old computer products refer to computers with technology from 20 years ago that can only perform simple calculations without a motherboard.

IBM only produced the first real computer in 1981, which was different from previous computers that were more focused on computer functions.

It has only been more than two years now. Thanks to the efforts of companies such as IBM, Apple, Compaq, and HP, global sales of 10 to 20 million are already thanks to the new era.

Progress in computers has been so slow, let alone the networks that determine their uses.

The World Wide Web only entered testing in February this year. Although the free promotion model has made the World Wide Web develop rapidly, network transmission speed, Internet access methods, and network content have all restricted the development of the network.

But Yin Jun has already been prepared. Since the beginning of this year, he has been going around to acquire various related patents.

Tim didn't even know why Yin Jun thought so far, but Yin Jun did just that.

Even though Kirin Group owed more than 6 billion US dollars, Yin Jun still retained all the profits of the North American branch and acquired various patents in the United States.

The patent that Bill Gates said he spent $100 million on is the largest transaction to date.

This patent for "multi-protocol router" is used in the Stanford campus network.

Stanford University is one of the top universities in the United States, so its degree of computerization is still very high. So far, basically all computers have been replaced by advanced IBM, Apple and other computers.

But there is a problem, that is, so many computers of various brands are not compatible when accessing the Internet through telephone lines.

So a couple, Bosak, director of the Computer Center of the Department of Computer Science, and Lerner, director of the Computer Center of the Business School, spent their spare time inventing a networking device. As long as it is used, all incompatible computers can be connected to each other. LANs are integrated together to form a unified network that everyone uses on the same platform.

After this technology came out, many companies were interested, including Apple and Microsoft, and they all asked if they could purchase patents.

But Bosak and Lerner refused.

Unexpectedly, Yin Jun won in the end.

However, this victory was not easy to come by.

In addition to the price of US$100 million, this "multi-protocol router" also has 10% dividend rights belonging to Stanford University and the Bosak couple.

Although they no longer hold the patent rights to this patent, if the "multi-protocol router" and its subsequent derivative patents are used for commercial purposes, they must pay 10% to them.

The inventors are the Bosaks, so why should they give a portion of the profits to Stanford University?

This is because many teachers and professors working at Stanford University will sign a contract stating that "if a patent is developed while working at the school, the school will have corresponding rights."

Stanford University does not get money for free. If any teacher or professor tells the school that I have such an idea and am ready to experiment to see if it can be patented, then the school will definitely provide help in terms of funds and manpower.

Even if the experiment fails, it doesn't matter. The teachers and professors will not be compensated.

But if a patent is successfully generated as a result, Stanford University will naturally have the right to share the profits.

This tradition has been practiced for many years and everyone has adapted to it.

It’s not just Stanford University. Many universities do this, including Europe.

Originally, they were very satisfied with the 100 million US dollars, but Yin Jun proposed this additional plan.

It seemed like free money was given to the two professors and Stanford University, but Yin Jun asked them to sign a contract. First, the two professors must cooperate and continue to improve the "multi-protocol router". In addition, if technical strength is needed, the R&D team can Borrow equipment and professors from Stanford University and let them help improve the "multi-protocol router".

The two professors and Stanford University thought that this was a good thing. This proved that Kirin Group had strong ambitions and wanted to develop actively.

As long as they do a good job, a 10% profit is not a small amount of money!

So they readily agreed.

Just a few days ago, Stanford University set up a special group, and asked the Bosaks to lead a group of computer elites to continue to study multi-protocol routers in depth.

In addition to multi-protocol routers, Yin Jun also buys patents related to network speed transmission, network switches, fiber optic transmission, etc. The total expenditure so far has exceeded 480 million US dollars.

These patents, plus the technical elites and experts poached with high salaries, Yin Jun was not classified into the North American branch, nor was it classified into Kirin Computer, but a new company was established.

It's called Kirin Networks.

The president is a 39-year-old industry elite named John Chambers.

If someone 20 years later sees the company's main focus and the president's name, they will blurt out two words without thinking.

Cisco!

Yes.

Kirin Network is exactly the same company as Cisco.

At least when it was established, that was the case, the direction was exactly the same.

The reason why people 20 years from now, rather than 30 years from now, will feel extremely familiar with Cisco is because around 2000, during the unprecedented Internet bubble, Cisco was the most popular company. one of.

Since that bubble, Cisco has been on a downward spiral, and a year later its market value plummeted to less than $100 billion!

It has shrunk by 80%!

Although they regained a lot of strength for a time, in the end they lost the huge Chinese market and the European market because of the "Lengx Gate", and in the end they could only stay in the United States.

But in 2000, it had a market capitalization of US$570 billion. Cisco's achievement can really be called a miracle.

Of course, Cisco's market capitalization of 570 billion is certainly high, but it also shows how promising and promising the field they are in is.

After Yin Jun founded Kirin Network, he could choose to make it an unlisted private company like other Kirin companies.

You can also choose to list it, wait until the market value exceeds 400 billion US dollars, violently sell the stock to cash out, and then wait until the market value plummets to 100 billion US dollars, then buy it back.

The reason why we don’t start selling after reaching 500 billion is because there are no fools in the stock market, especially those investment institutions and fund companies.

Those who expect to sell at around 550 billion can only think about it.

Whether a market has reached a bubble period or whether it has reached a very dangerous point, those old and cunning people can certainly tell.

Knowing that it is the highest point and that it is likely to collapse soon, what idiot would still be willing to take over?

They will only be willing to take over when the business is in a period of rapid growth and the value can be expected.

Otherwise, when the market value is 550 billion, even small retail investors may not dare to buy and sell.

It just looks good because of the price, but it won’t actually sell.

400 billion is a good choice. It still has an increase of about 40%. In addition, the Internet bubble continues to grow. When people's buying sentiment is high, of course more people will buy.

In fact, this is how Warren Buffett, the stock god, trades in stocks.

He never buys at the lowest price, and never sells at the highest price. As long as he makes a profit he thinks is appropriate, he will sell.

During previous financial crises, stock traders were much more powerful than Buffett, but why is there only one Buffett?

It is because he is very cautious every time. Although he does not make the most money every time, in the long run, he almost never makes a mistake without much greed, so he has become a stock god in the future.

And those fund managers and angel investors who succeed in gambling once, always think that they will be so lucky next time, so they usually fall like shooting stars in an instant.

This is somewhat similar to the name of a book - If you have too much fun, you will die.

Of course, it is still too early to talk about selling the shares of Kirin Network, and the horoscope has not yet been revealed.

With the advent of the Internet age, we must first popularize computers on a large scale, and popularize Internet content and speed on a large scale. This will bring about many themes.

Nowadays, there is no spectrum for these things, so it is naturally impossible for any Internet bubble to occur.

At present, all Yin Jun has to do is invest, research and develop, and work quietly, that's all.

So he found John Chambers, an elite and strong man who has been in charge of Cisco for more than 20 years, and is the best leader of Kirin Network.

Originally, Chambers was going to leave IBM this year and go to Wang An's computer company.

But Yin Jun took action first. With a high salary and such a position, the 39-year-old Chambers came to Qilin Network without any consideration.

The requirements and established policies given to him by the young man were also in line with his ideals.

That is to purchase various patented technologies on a large scale and continuously build up patent barriers in the fields covered by Kirin Network, becoming the number one in the industry and dominating the entire industry.

In the previous life, Cisco became the number one in the world under such circumstances.

Now with Yin Jun's guidance, Chambers entered this industry earlier. There are not so many opponents yet. It is not easy to achieve dominance.

However, being first in the industry is just an honor.

The more important task Yin Jun gave him was to connect as many computers to the network as possible and increase the connection speed of the network port as quickly as possible.

Only when the market is enlarged and the capacity is increased, is it time to start making money!