Reborn since 1993

Chapter 1365 Rushing to Offer Up a Head

Despite Yahoo's heavy investment in acquiring and repurchasing shares, its stock price soared. The day after the acquisition, its market capitalization jumped by nearly $72.9 billion, and on the third day, it surpassed the $90 billion mark!

That's almost equivalent to a $10 billion increase in market value in just two days!
The money invested in Himalaya Music, the money spent on acquiring GeoCities, and the money spent on repurchasing Yahoo shares were all earned back through the stock market within two days.

In fact, it even exceeded the money spent. Yahoo's performance in the stock market opened the eyes of the entire internet!

Yahoo's explosive performance on Nasdaq has made Yahoo executives, including Koogel, very proud.

Yahoo's stock performance is enough to prove that everything they did was "correct".

If they made a mistake, could the stock price have risen so quickly, with the market value increasing by more than 10 billion US dollars in just two days?

In America, stock prices and market capitalization are the best proof of whether something is right or wrong. Everything else can be lied about, but real money like US dollars can't lie, can they?

Of all the acquisitions in Pingyang, Yahoo is the ultimate winner!

After finalizing the agreement, Koogel and other Yahoo executives left Pingyang and flew back to America to enjoy flowers and applause.

There are already rumors that Koogler may become America's Manager of the Year based on Yahoo's strong performance this year!

Watching Yahoo celebrate with fanfare, with the media hyping it up and claiming it had "won," Li Dashan couldn't help but wonder for a moment who was really at a disadvantage and who had actually benefited from this deal.

However, it seems to be a "win-win" situation right now. Neither Yahoo nor Dongke feels they've lost out. This is probably the most "fair" deal in the world, with both sides afraid the other might back out...

In America, however, more people clearly believe that Yahoo "won," while those who sold their Yahoo shares are seen as "shortsighted" for missing out on a gold mine.

Affected by the Yahoo deal, ASK's transaction speed has obviously accelerated. After all, seeing that Yahoo spent seven or eight billion US dollars and its stock price could still rise so high, what would other American companies think?
Following Yahoo, Oracle reached an acquisition agreement with the Zhixing Foundation, which represents ASK!

Oracle became the largest buyer of ASK, completing the acquisition of ASK through a cash-and-stock transaction.

According to the acquisition agreement, the Zhixing Foundation, which holds a 41% stake in ASK Search, received $16.4 billion in cash, while the other ASK shareholders opted to receive corresponding Oracle shares, thus concluding the transaction.

Oracle's ability to complete its acquisition of ASK so quickly was truly spurred on by Yahoo.

After all, Yahoo spent so much money to acquire it, and its stock price skyrocketed. This shows that in today's internet industry, as long as you make an acquisition, you won't lose money!

Oracle's acquisition of ASK naturally emboldened them. Anyone who sees the booming internet industry knows that no amount of money spent will result in a loss, so how could they not become bolder?
With ASK's move, Dongke has now largely completed its internet investments in America.

It's unclear whether other companies in the internet industry have made any money.

But for Dongke, starting with its investment in Yahoo through the Zhixing Foundation, Dongke was just "ordinary" for several years, raking in a cold $10.8 billion from Nasdaq!

Of course, Dongke's investment skills are far too rudimentary compared to those stock market gurus from his previous life; he still has a lot of practice to do...

After all, even Buffett can only be considered a fake stock market guru. He just studies candlestick charts, works hard to do research, and tries to find out insider information. What kind of real stock market guru is that?

A true stock market guru is someone whose words carry weight; they can draw candlestick charts themselves. A short essay or a tweet can cause the stock market and cryptocurrency market to surge or plummet!

Even if Buffett earns 20% a year, he can still hold a shareholders' meeting, ramble on for hours, and share his insights.

For the legendary investor Warren Buffett, a 20% return is just the profit from one night's trading. Compared to him on Capitol Hill, Buffett is like a greenhorn...

Compared to those stock market gurus, Dongke's level is only so-so; of course, he still needs to practice.

……

After the deal was completed, Koogler and other Yahoo executives left, but Jerry Yang was not in a hurry to leave. He was going to Hong Kong, Taiwan, Tokyo and other places to continue his Asian tour.

Before leaving Pingyang, Li Dongling accompanied Yang Zhiyuan on a trip to the newly developed Taibai Mountain scenic area by the Pingyang Tourism Administration.

Money gives heroes courage; the saying "a penny can bring down a hero" is not just an empty phrase.

In recent years, as Pingyang's funding has gradually increased, the previously neglected departments in Pingyang have also received funding and started to work.

After all, you can only do things if you have funding; without funding, no matter how much you talk, you can't cook without rice.

Now that the Pingyang Tourism Administration and other departments have received funding, they have begun to make a big fuss about it.

Pingyang's tourism management department relies on funding from the Pingyang municipal government on one hand, and on the other hand, it introduces partners. The Zhixing Foundation is one of the biggest financial backers of the Pingyang Tourism Administration.

For example, when I visited Taibai Mountain this time, the entire route from the city was paved with newly repaired asphalt roads. In addition, a cable car has been installed on the mountain; otherwise, I might not have been able to reach the summit today. Not only Taibai Mountain, but many scenic spots in Pingyang have begun renovations and construction, and Dongling High-Tech and Zhixing Foundation are involved in these projects.

As the home base of Dongling Hi-Tech, Dongling Hi-Tech's investments in Pingyang are by no means limited to those in the urban area.

Dongling High-Tech has a presence in Pingyang in various aspects, including land, transportation, scenic spots, education, and hospitals!
As for these investments, it may take some years to recoup the costs, but they are guaranteed not to lose money. Given the booming domestic tourism market in the future, many of these scenic spots in Pingyang have been rated as 5A scenic spots, making them quite attractive for investment.

These scenic spots may bring considerable income to Pingyang in the future, but at present, the most profitable scenic spot in Pingyang is Pingyang Zoo. Nearly one-third, or even half, of the total tourism revenue in Pingyang comes from Pingyang Zoo.

When Li Dongling met Yang Zhiyuan, he saw that the Yahoo chief looked very good. For Yang Zhiyuan, these big transactions by Yahoo had allowed him to regain a lot of influence within Yahoo.

For Yang Zhiyuan, he has no shortage of skills and vision; what he lacks is the recognition from Wall Street institutions.

This acquisition allowed Jerry Yang to demonstrate his capabilities to Wall Street. He proved that he was not only technically skilled but also adept at trading, knowing how to boost Yahoo's stock price – a definite plus.

In the future, if changes occur within Yahoo, Jerry Yang has a chance to regain the leadership position!

Upon arriving at Mount Taibai, they were accompanied by security personnel carrying supplies, and people from the scenic area also accompanied them along the way. Li Dongling and Yang Zhiyuan didn't need to worry about supplies or anything like that. Today was truly a day for enjoying the mountain scenery.

"Tomorrow, I will set off for the port city to continue my Asian tour, the final leg of my journey!"

Yang Zhiyuan said to Li Dongling that during his trip to Asia, Yang Zhiyuan received nothing but praise, compliments, flowers, and applause. In addition, the gains he made in Pingyang made him shake off the depression he felt at Yahoo headquarters.

"Jerry, your arrival has ushered in a new era for the Asian internet. Since your arrival, internet concept stocks in mainland China, Hong Kong, Tokyo, Singapore and other places have all risen by more than 20%."

You spread the seeds of the internet in Asia!

It's impossible to turn your back on someone after taking their money; emotional value still needs to be provided. The philanthropist Li praised Yang Zhiyuan.

Although the Asian internet market would probably be very hot even if Yang Zhiyuan hadn't come, Li Dashan still attributed the credit for the booming Asian internet market to Yang Zhiyuan.

Upon hearing this, Yang Zhiyuan remained silent, but the smile on his face indicated that he was in a very good mood.

"Will Dongke's focus in the internet industry shift to Gangcheng and Zhongguancun in the future?"

Yang Zhiyuan seemed to ask Li Dongling a question "casually," but his question had another meaning, beyond just Dongke's plans.

Now that Dongke's focus has shifted, what should be done with the remaining Yahoo shares it holds?

Li Dongling naturally understood Yang Zhiyuan's underlying meaning. To be honest, he didn't want to scam anyone anymore; no, he hoped that a new investment institution would take over the remaining 6% of Yahoo's equity.

After all, you can't just plunder one sheep; you have to give the others a chance to benefit as well.

Seeing Yang Zhiyuan approaching on his own, Li Dongling had no choice but to say, "The Zhixing Foundation will not give up its investment in Silicon Valley and will continue to invest in new Internet projects in the future."

For now, Dongke needs to focus more of its energy on the Asian internet sector.

In the future, I'm afraid...

Li Dashanren looked troubled, and with Oscar-worthy acting skills honed from an actor's self-cultivation manual, he said to Yang Zhiyuan, "If funds are tight, we may continue to transfer a portion of Yahoo's shares!"

Upon hearing this, Yang Zhiyuan's expression remained unchanged, but a thought suddenly struck him. He continued, "I believe that the future center of the global internet will still be in Silicon Valley and NASDAQ, but I respect Dongke's decision."

After all, Zhongguancun belongs to the Chinese people…

Yang Zhiyuan still believes that Li Dongling had the Zhixing Foundation invest in Yahoo because Yahoo was founded by Chinese people. He believes that people of the same ethnicity in America would help each other, and that the boundaries between different ethnic groups are very clear.

"Of course, if Dongke needs funding in the future, the Yahoo board of directors will certainly be willing to provide all the assistance they have."

Yang Zhiyuan made it very clear that if Dongke tries to cash out its Yahoo shares again, the Yahoo board will still be willing to take over.

Li Dongling nodded, but didn't take it to heart. Next time, Dongling Hi-Tech would act quickly and decisively, selling to whoever offered the highest price and paid the fastest, without any hesitation.

As they made their way up to the mountaintop, Yang Zhiyuan seemed to suddenly remember something and spoke to Li Dongling.

"Whether Dongke is on Yahoo's board of directors or not, Yahoo will support Dongke. If the Silicon Harbor project needs any help from Yahoo, Yahoo will definitely be willing to support it!"

(End of this chapter)