Hollywood Hunter

Chapter 997: It's Still About the Money

Chapter 58.

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Memories of the internet shock troops often use a formulaic headline 'XX gets to be the biggest winner', and every time I see it I just feel some kind of odd malice coming through. However, with the conclusion of the Atlanta Olympics on August 4, many began to look back and suddenly realized that Ygritte might have been the biggest winner.

Not to mention, just the day after the closing ceremony and the opening of the new week's stock market, Ygritte shares surged 3.3% on the day, surging to a high of $453.6 billion in one fell swoop from $439.1 billion at the open, to prove it.

It's certainly not for no reason.

Chapter 8.

According to Ignite, during the 17 days of the Atlanta Olympics, a total of 320 million Internet users around the world interacted with Ignite's portals, online forums, social networks, video sites and other platforms on topics related to the Olympics, accounting for 70% of the world's 460 million Internet users at this stage.

As a result of this massive hotspot, web traffic across Ygritte's platforms skyrocketed by 27% in over two weeks.

The Facebook social network and YouTube video platform were particularly bright in terms of subscriber and content growth over the course of the Games.

Although the report will not mention it, it is undeniable that the July 27 explosion has completely overshadowed traditional television and print media with the sharp edge of a more instantaneous and content-rich online platform.

The weekend of the bombing also saw a peak in traffic across Ygritte's platforms, with the Facebook social network churning out more than 80 million related blog posts from around the world in the 24 hours of the event, and an increase of 270,000 bombing-related videos on the YouTube video platform in the same 24 hours.

So, heat drives traffic, traffic contributes to revenue, revenue stimulates the market, and market capitalization drives stock prices.

The share price rose by 3.3% in a single day, and as a result the wealth of all Ygritte shareholders increased by $14.5 billion in a single day.

It's also apparently just the Ygritte family's share price growth.

As a leading Nasdaq, Igret's stock price rise directly led to the entire new technology sector, the day's close, the Nasdaq index also rushed to 4765 points, although not as the market had expected some time ago as the end of July and early August to break through 5000 points, but not far behind.

At the same time, the total market capitalization of all stocks on the Nasdaq has reached $5.6 trillion.

Although the whole world understands that the Nasdaq bubble has been quite serious, such a huge market capitalization that directly exceeds the volume of Japan's GDP still makes too much capital excited and crazy.

Simon, however, was inevitably worried.

The simple truth is, the higher you climb, the harder you fall.

As a result, Simon arrived in San Francisco on Monday and remained in Silicon Valley for three days, mainly to make some adjustments before the Nasdaq fell off a cliff.

The world is often in a state of irrationality, like the two world wars, which seemed inevitable, but were actually coincidental, because in a rational state, no one would want to start a world war that would lead to the death of tens of millions of people, but then it happened.

This time as well.

No one wants the Nasdaq to run all the way to maximum accumulation of bubbles and then crash and burn, however, in the face of momentum and profit, not even Simon dares to risk blocking it.

Only do what you can.

There's not much that can actually be done, except to plan ahead so that the new tech companies involved in the Westeros system can survive the next few years of winter, and to be slightly more ambitious, so that the more valuable new tech companies can survive the winter together to avoid a fundamental trauma to the Internet industry.

To do all of this, it really boils down to one word, money.

People can't live without food in a famine.

In the capital winter, companies can only survive better if they get life-saving funds.

Simon openly and honestly discussed with several people in charge of Ygritte for three days, and the roughly finalized plan was to first start tightening Ygritte's purse strings, and after the IPO, Ygritte held more than $20 billion in cash, and even if Simon could not emphasize enough, it was inevitable that it would be a bit more generous, and that had to change.

Second, once again, a new batch of large data centers is being built around the world.

At this stage, even though Ignite's cloud computing services are becoming more and more mature, many companies still prefer to build their own servers, as most people subconsciously resist the idea of being 'under someone else's roof'.

However, once the industry winter comes, most new technology companies will undoubtedly find it difficult to maintain their expensive 'self-build' and will have to 'rent' an apartment. Igret's new batch of data centres primarily provide this need.

In the middle of winter, a 'house' and some 'food' will basically survive.

Finally, Ygritte has also set up a dedicated corporate assessment team to begin quietly evaluating all aspects of the current operations of the new technology companies.

Simon is not so fraternal.

When the winter comes, some businesses are worth saving, and many more are worth giving up.

On the other hand, Simon doesn't intend to do good for nothing.

Although the entire Westeros system has been investing heavily in startups while developing its own key companies in recent years, it is conceivable that after the expected capital winter, the Westeros system's control over new technology industries will become even more entrenched as it undergoes large-scale mergers and consolidation.

Thursday, Aug. 8.

Both Monday and Wednesday were in San Francisco, and on Wednesday morning, Simon left before eight o'clock to fly in to New York and arrive on the East Coast, where it was still just getting to work.

The last of the documents was the one that Girl C had sent over yesterday, a proposal for a partnership with Starbucks to add internet access to the chain's stores.

The inspiration was still the recent Olympics.

There is no mobile internet at this stage, and several of the products of Tinkerbell, the company that C Girl founded, rely on the internet, so it's clear that both iCam and iRec users want to be able to take photos and videos and share them with their friends.

As in the case of the Olympics, the most popular places to spend time in Atlanta were the Internet cafes that dotted the city.

Tourists from across North America and around the world sought out Internet cafes to upload and share their photos and videos, resulting in the Atlanta area's Internet cafes filling up almost 24/7.

The development of the cybercafé industry, which Simon had pushed forward a few years before, only it was still 1991, was intended primarily to be a trial for potential users in order to promote access to online services for the general public.

Now, at least in the scheme in hand, the function of the cyber café has changed.

The problem of the day is that it is too expensive to start a separate chain of cyber cafes, so a partnership with Starbucks, which is spread across the US and the world, to add a few computers in each Starbucks store for instant uploading by users is definitely the way to go.

This is actually a win-win scenario.

Adding internet access, just like providing Wifi later on, would allow Starbucks to attract more users. Likewise, making uploading more convenient would also spur consumers to purchase electronics such as iCam.

Thus, both parties have shown a clear interest in working together.

The next question is the specific partnership proposal, and ultimately, it's all about money.