Reborn since 1993

Chapter 529 7 in 7 out

Chapter 529 Seven in and seven out
When Yahoo closed, the stock price fell back to $33. On the day of its listing, the stock price reached a high of around $35. Although it eventually returned to $33, its market value reached $ billion!

On that day, the headlines of various American financial, economic, technological, and Internet media, including the Wall Street Journal, New York Daily News, and Los Angeles Times, were all filled with Yahoo News.

As for the Internet, it ushered in a wave of carnival. When Yahoo went public, Yang Zhiyuan and Filo joined the billionaire club in one day. Among the 49 employees of Yahoo, a bunch of multi-millionaires and millionaires were born, and the Internet created another myth of wealth.

As for the venture capital companies that invested in Yahoo, represented by SoftBank, Sequoia Capital, and Zhixing Foundation, they also received huge returns. The money that SoftBank invested in Yahoo was completely recovered.

As for Zhixing Foundation and Sequoia Capital, which were the first to participate in Yahoo Investment, they received a return of 100 to 200 times at a cost of hundreds of thousands of dollars or one or two million dollars, setting a new myth in the investment industry!

The title of "Chief Yahoo" officially resounded throughout America and the world, and Yang Zhiyuan officially became an entrepreneurial idol in the hearts of the new generation of young people.

Not only in America, but also on various forums and websites on the overseas Internet, there are overwhelming reports.

There was also a huge discussion on forums and BBS sites mainly in Chinese. After all, Yahoo's listing was related to two Chinese people. The founder of Yahoo was Chinese, and the first person to invest in Yahoo was also Chinese.

How could this not cause a huge stir in Asia? The example of Yahoo becoming rich overnight happened right before our eyes, making many young people in inland Asia, ports, Taiwan, Singapore and other parts of Asia want to join the Internet.

The Zhixing Foundation's myth of a 166-fold return on its investment in Yahoo has even tempted those people in Hong Kong who are obsessed with real estate.

It is true that Hong Kong real estate has huge profits, but the return is only a few dozen times at most. Otherwise, why do so many people in Hong Kong buy stocks, just to make a small profit with a big return?

The Zhixing Foundation invested $300,000 in exchange for $50 million in profits, which caused an almost unimaginable shock to Hong Kong.

Last time it was Himalaya Radio, which received a huge valuation and made the Internet popular in Hong Kong. This time, the Zhixing Foundation is igniting the craze among Hong Kong's wealthy people to invest in the Internet.

Given the current popularity of the Internet in Asia, one can imagine how much Li Dongling would be sought after in Hong Kong, which has always been very interested in making money, if he returns to Asia!

In the evening, the hotel where Yahoo held its IPO celebration party was packed with New York celebrities. Among them were some who saw the surge in Yahoo's market value and wanted to get a piece of the pie.

There were also the arrival of powerful figures from New York, including Johnny Reed, who had previously loudly voiced his support for Silicon Valley Internet and had become a consultant for Feiyan Technology.

New York is the Democratic Party's stronghold, and coupled with the party's support for the Internet, Yahoo's outstanding IPO performance is also an opportunity for the Democratic Party to publicize its political achievements to Americans. Today, a number of powerful Democratic Party figures in New York came to show their support.

However, the one who has enjoyed the most glory has to be Johnny Reed. He was the first Donald Trump Party congressman to publicly support Yahoo. Now that Yahoo has successfully gone public, he has naturally reaped the fattest piece of meat. In the future, he will become a representative congressman of a listed company!

No, it's two. If Feiyan Technology completes its listing by the end of this year, then Johnny Reed will have donations from two Internet listed companies, and he will become one of the best-funded members of the Donkey Party.

When Li Dongling and Yao Luoying arrived at the cocktail party, the place was already bustling with noise. However, they still attracted countless people's attention when they appeared at the cocktail party in diamond-studded dresses designed by British dress designer Debbie Winsham.

When seeing Yao Luoying appear on the stage, many of the New York "ladies" in the venue cast looks of fear and disgust towards Yao Luoying, and many of them even muttered to themselves, as if they were dissatisfied with Yao Luoying's arrival, which had attracted the halo that originally belonged to them.

However, when they heard that Yao Luoying was the general manager of Feiyan Technology, and that Feiyan Technology was a company that had submitted an application for listing on the Nasdaq and was very likely to be successfully listed, those ladies who were originally hostile to Yao Luoying all changed their attitudes towards Yao Luoying!

They were originally worried that Yao Luoying would become their "rival", but after hearing Yao Luoying's identity, they knew what kind of people their men were and that they had no connection with Yao Luoying at all, so they naturally no longer had any hostility towards her.

Even many wives of wealthy New Yorkers and congressmen wanted to take the initiative to approach Yao Luoying and build some relationships with her to see if there was a chance to get the original shares of Feiyan Technology, so that they could also make a fortune.

"plum!"

"Reed"

Seeing Li Dongling and Yao Luoying arrive, Johnny Reed and his wife Sarah were the first to come forward and give the big moneybags a hug.

Since becoming a consultant for Feiyan Technology, John Reed's popularity in Silicon Valley has soared, and more and more Internet companies have chosen Reed to represent them. For Reed, choosing Feiyan Technology has become one of the most important decisions in his career. Facing Feiyan Technology, a big sponsor, he is naturally very enthusiastic.

“Let us welcome Mr. Li Dongling, the founder of Zhixing Foundation, who is the most important investor and supporter of Yahoo!”

Yang Zhiyuan, whose face was already red with alcohol and who had no idea how much he had drunk, was still in a state of excitement. He stood on the stage and shouted to everyone at the party.

Yang Zhiyuan also took this opportunity to express Li Dongling's support for him on the Yahoo board of directors!
Since Yahoo went public, especially with its performance today, Yang Zhiyuan clearly felt that Wall Street's interest in Yahoo had suddenly increased greatly. Since the closing of the market, many Wall Street institutions have come to Yahoo, wanting to cooperate with them. It is obvious that Wall Street wants to control Yahoo.

Yang Zhiyuan knew clearly that in the future, the only ones who could really help him on the Yahoo board of directors were probably Zhixing Foundation and Feiyan Technology, which were also controlled by Chinese. As for the others, such as Softbank and Sequoia Capital, they would probably not be reliable in the end.

Facing the applause from the audience, Li Dongling responded with a smile, then raised the champagne in his hand and greeted everyone.

If possible, Li Dongling would definitely stand on the side of Yang Zhiyuan on the Yahoo board of directors. With Yang Zhiyuan's presence, the Zhixing Foundation and Feiyan Technology would have a say in Yahoo and room for maneuver.

For example, if Sohu, GeoCities, ASK search and the like do not perform well after listing, they can be acquired by Yahoo. As long as Yahoo chief Yang Zhiyuan supports them, it will be easy to form an internal operation. Yahoo can issue new stocks and acquire these companies at a high price. This is the benefit of having your own people in power!

Of course, if he couldn't keep Yang Zhiyuan's position in Yahoo, Li Dongling would not insist on it. After all, investing in Yahoo is to reap the benefits, not to work for it. Sometimes you have to give up what you have to give up, and small sacrifices will ruin big plans.

Besides, who said that even if Yang Zhiyuan was kicked out of Yahoo, he would have no chance to fight back? !

As long as it is done properly, Li Dongling can protect Yang Zhiyuan and have no problem going in and out of Yahoo, as long as he is not afraid of ruining Yahoo...

"Mr. Li, we have something important to discuss with you!"

Li Dongling had just chatted with Reed and others for a few words when someone appeared in front of Li Dongling and spoke to him with a serious face.

Turning around and seeing Masayoshi Son in front of him, Li Dongling looked at him with a serious face, took a sip of champagne and nodded, apologized to Reed and others, and went to a reception room of the hotel with Masayoshi Son.

"I don't know, President Son, what's the matter?"

Facing Masayoshi Son, who would become the world's richest man for a day, Li Dongling casually pulled up a chair and sat down.

Other people in the domestic Internet industry may be afraid of Masayoshi Son, or they may want to get US dollar venture capital from him and dare not offend him.

But Li Dongling didn't care about these. As the saying goes, a man is strong when he has no desires. Li Dongling didn't expect to get anything from SoftBank, so naturally he wouldn't beg him for anything.

Moreover, since Feiyan Technology received investment from Silicon Valley venture capital and Wall Street institutions, Dongling Hi-Tech has actually established dealings with Wall Street and no longer needs to beg for investment from Nippon Benzene.

To be honest, getting investment from Japan is not much better than getting investment from America or old Europe. In the international investment industry, there is no such thing as who is evil or not, only which company has a more evil heart!
Looking at Li Dongling, Masayoshi Son considered for a moment and said, "SoftBank Japan hopes that the Zhixing Foundation can authorize the Yahoo Japan brand to SoftBank!"

Hearing this, Li Dongling suddenly felt as if the fish had finally taken the bait.

"Of course there is no problem. President Son Masayoshi is a major shareholder of Yahoo!, and everyone has heard about the strength of SoftBank. If SoftBank can operate the Yahoo! brand, that would be great!"

Hearing this, Masayoshi Son's tense face also relaxed. He suddenly felt that he might have been judging others by his own standards. He had made too many assumptions about the founder of Dongling Hi-Tech. He was not as fond of setting traps for the Japanese as the Japanese media and the president of Nippon Telephone and Telegraph, Nakamura Yui, said...

However, before Son Masayoshi could fully smile, he heard Li Dongling's next words, "So, President Son Masayoshi, how much licensing fee are you willing to pay for the Yahoo Japan brand?"

Son Masayoshi's smile froze on his face when he saw Li Dongling looking at him with a strange expression.

He looked as if he was thinking, "Is he trying to get something for free?" How could anyone want to get something for free? Where is the spirit of contract, the integrity of the Japanese, and the spirit of Bushido? Aren't the Japanese known as a society of credit? If you lose your credit, you have to bow three times, no, you have to commit seppuku. How could anyone want to get something from someone else for free? !
(End of this chapter)

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