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Chapter 538: Seven Entries and Seven Exits

~10 min read 1,955 words

When Yahoo closed, the stock price fell back to $33. On the day of listing, the stock price rushed to near $35 at its highest. Although it returned to $33 in the end, the market value rushed to one billion US dollars!

On that day, the Huaerjie Journal, New York Daily, Los Angeles Times, and other financial, economic, tech, and internet media in America were all covered with Yahoo news in their headlines.

As for the internet, it ushered in a wave of carnival. Yahoo went public, Jerry Yang and Filo joined the billionaire club overnight, and Yahoo's 49 employees gave birth to a pile of multi-millionaires and millionaires. Another internet wealth-creation myth was born.

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

As for the Zhixing Foundation and Sequoia Capital, which participated in Yahoo's investment earliest, they got a return of one or two hundred times at the cost of hundreds of thousands or one or two million US dollars, setting a new myth in the investment industry!

The title of "Yahoo Chief" officially resounded through America and the world. Jerry Yang officially became the entrepreneurial idol in the hearts of the new generation of young people.

Not only America, but internet forums and websites overseas were also covered with reports.

Including forums and BBS sites dominated by Chinese, they also set off huge discussions. After all, Yahoo's listing was related to two Chinese people. Yahoo's founder was Chinese, and the one who invested in Yahoo earliest was also Chinese.

How could this not set off a huge shock in Asia? The example of Yahoo getting rich overnight happened right before their eyes, making countless young people in the mainland, Hong Kong, Taiwan, Singapore, etc., also develop the idea of throwing themselves into the internet.

And the 166-fold return myth of Zhixing Foundation's investment in Yahoo made even those people in Hong Kong who were obsessed with real estate somewhat moved.

Hong Kong real estate is a profiteering business, but at most, it's a return of dozens of times. Otherwise, why do so many Hong Kong people still buy stocks? It's just to gamble with small stakes for big gains.

And Zhixing Foundation's 300,000 US dollars in exchange for 50 million US dollars in revenue was almost unimaginable for the shock in Hong Kong.

Last time it was Himalaya Radio, which obtained a huge valuation, making the internet popular in Hong Kong. This time, Zhixing Foundation faintly ignited the craze of those tycoons in Hong Kong investing in the internet.

Just based on the popularity of the internet in Asia now, one can imagine that when Li Dongling returns to Asia, those in Hong Kong who have always been quite interested in making money will have how much pursuit of Li Dongling!

In the evening, at the hotel where Yahoo held the IPO celebration banquet, it can be said that celebrities gathered in New York tonight. Among them, there were people who saw Yahoo's market value soar and wanted to share a piece of the pie.

There were even more powerful figures in New York who came, including Johannes Reed, who had previously shouted support for Silicon Valley internet and had already served as a consultant for Feiyan Technology.

New York is the base camp of the Donkey Party, plus the Donkey Party's support for the internet. Yahoo's outstanding performance in going public is also an opportunity for the Donkey Party to promote its political achievements to Americans. Today, a crowd of powerful figures of the Donkey Party in New York all ran over to join in the fun.

However, the most glorious one had to be Johannes Reed. He was the first Donkey Party congressman to publicly support Yahoo. Now that Yahoo's listing was successful, he naturally harvested the fattest piece of meat. In the future, he would become a congressman representing a listed company!

No, it's two. If Feiyan Technology completes its listing at the end of this year, then Johannes Reed will have donations from two internet listed companies behind him, leaping to become one of the congressmen with the most abundant funds within the Donkey Party.

When Li Dongling and Yao Luoying arrived at the banquet scene, it was already bustling with noise. However, when a diamond-encrusted dress designed by British dress designer Debbie Wingham appeared at the banquet, it still attracted countless people's attention.

Seeing Yao Luoying appear, many New York "noble ladies" in the hall cast wary and disgusted looks at Yao Luoying. Many were still muttering, seemingly dissatisfied that Yao Luoying's arrival attracted the halo that originally belonged to them.

However, when they heard that Yao Luoying was the general manager of Feiyan Technology, and Feiyan Technology was a company that had submitted an IPO application to Nasdaq and was very likely to succeed in going public, those noble ladies who originally had hostility toward Yao Luoying changed their attitudes toward Yao Luoying in an instant!

They were originally worried that Yao Luoying would become their "rival," but when they heard Yao Luoying's identity, they knew what kind of goods their own men were, and it was impossible for them to have any entanglement with Yao Luoying. Naturally, they no longer had hostility toward her.

Even many New York tycoon wives and congressman wives wanted to take the initiative to step forward and pull some relationship with Yao Luoying to see if there was a chance to get Feiyan Technology's original shares, so that they could also make a big profit.

"Li!"

"Reed!"

Seeing Li Dongling and Yao Luoying arrive, Johannes Reed and his wife Sarah were the first to greet them and gave the big donor a hug.

Since becoming a consultant for Feiyan Technology, Johannes Reed's popularity in Silicon Valley has soared, and more and more internet companies have chosen Reed to serve as their representative.

For Reed, choosing Feiyan Technology has become one of the most important choices in his career. Facing Feiyan Technology, this big donor, he was naturally quite enthusiastic.

"Let us welcome the most important investor in Yahoo, and also Yahoo's most important supporter, the founder of Zhixing Foundation, Mr. Li Dongling!"

I don't know how much alcohol he drank, his face was already full of wine color. Jerry Yang, who was still in a state of excitement, stood on the stage and shouted to the crowd at the banquet.

Jerry Yang was also using this to express Li Dongling's support for him on Yahoo's board of directors!

Since Yahoo went public, especially with today's performance, Jerry Yang clearly felt that Huaerjie had suddenly increased its interest in Yahoo. Since the close of the market, many Huaerjie institutions had come to the door, wanting to cooperate with Yahoo. Huaerjie's intention to control Yahoo was already obvious.

Jerry Yang knew that in the future, on Yahoo's board of directors, the ones who could truly help him would probably be the Zhixing Foundation and Feiyan Technology, which were also controlled by Chinese. As for the rest, like Japan's SoftBank and Sequoia Capital, they probably couldn't be relied upon in the end.

Facing the applause on the field, Li Dongling smiled and responded, then raised the champagne in his hand and signaled to the crowd.

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

For example, if companies like Souxin, GeoCities, ASK search, etc., had unfavorable listings, they would operate Yahoo to acquire them. As long as there was support from Yahoo Chief Jerry Yang, it would be easy to form internal manipulation. Yahoo would issue additional shares and acquire these companies at a high price. This is the benefit of one's own people being in power!

Of course, if Jerry Yang's position in Yahoo couldn't be kept, Li Dongling wouldn't force it. After all, investing in Yahoo was to prepare to cut leeks, not to sell his life for it. Sometimes, if you don't give up small things, you will mess up big plans.

Besides, who said that even if Jerry Yang is kicked out of Yahoo, he won't have a chance to kill his way back?!

As long as it is operated properly, Li Dongling's side, protecting Jerry Yang, coming in and out of Yahoo seven times, is no problem at all, as long as he is not afraid of playing Yahoo bad...

"Mr. Li, we have important things to talk to you about!"

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

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

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

Facing Masayoshi Son, who would sit as the world's richest man for a day in the future, Li Dongling pulled a chair at random and sat down.

Others in the domestic internet industry might be wary of Masayoshi Son, or want to get US dollar venture capital from Masayoshi Son, and dare not offend him.

But Li Dongling doesn't care about these. The so-called "no desire is strong," Li Dongling doesn't count on getting anything from SoftBank, so naturally, he won't beg him for anything.

Moreover, since Feiyan Technology got investment from Silicon Valley venture capital and Huaerjie institutions, Dongling High-Tech has actually dealt with Huaerjie and doesn't need to beg for any Japanese investment anymore.

To tell the truth, getting investment from Japan is not much better than from America or Old Europe. In the international investment industry, there is no reason for whose heart is blacker or not; there is only which family's heart is blacker!

Looking at Li Dongling, Masayoshi Son deliberated for a while and said, "Japan's SoftBank hopes that Zhixing Foundation can authorize the Yahoo Japan brand to SoftBank!"

Hearing this, a feeling that the fish had finally taken the bait suddenly rose in Li Dongling's heart.

"Of course, no problem. President Masayoshi Son is Yahoo's major shareholder, and everyone has heard of the strength of Japan's SoftBank. If Japan's SoftBank can operate the Yahoo Japan brand, that would naturally be the best!"

Hearing this, the tense face of Masayoshi Son also relaxed. He suddenly felt that it might be that he used a villain's heart to measure a gentleman's belly. He speculated too much about this founder of Dongling High-Tech. Where was there any sign of what the Japanese media and Japan Telephone and Telegraph president Nakamura said about liking to dig pits for the Japanese...

However, before Masayoshi Son's smile could fully unfold, he heard Li Dongling's subsequent words. "Then, President Masayoshi Son, how much authorization fee are you willing to pay for the Yahoo Japan brand?"

Masayoshi Son's smile stiffened on his face. Seeing Li Dongling, he was looking at him with a strange expression.

It was an expression of "he wouldn't be thinking of white-pimping, would he?" How could anyone think of white-pimping other people's things? What about the spirit of contract? What about the credibility of the Japanese? What about the Bushido spirit? Aren't the Japanese known as a credit society? If you lose credit, you have to bow three times—no, it's seppuku. How could anyone think of white-pimping other people's things?! ===== CHAPTER 539 =====

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