Hollywood Hunter

Igret's 1992 financial report is so eye-catching, even if many people want to keep a low profile, they ultimately fail to do so.

The Hearst Group's San Francisco Chronicle published an article titled "Internet Industry Explosion, Igret Annual Growth of 400%" on the front page of the newspaper on the third day of the annual financial report.

It is not uncommon for a company with a revenue of only a few million or even tens of millions of dollars to have an annual growth rate of 400%.

However, a company with a revenue volume of 100 million yuan has jumped from US$491 million to US$1.937 billion in revenue for the whole year, and it is not a corporate merger, but the natural growth of the company itself, which is worthy of global business history. Called a miracle.

You must know that the 1992 Fortune 500 companies listed in Fortune magazine have a threshold of only 528 million US dollars.

If the company’s 1992 revenue of US$1.937 billion was declared to participate in the Fortune 500 American Enterprise auction, it would be enough to rush to the 219th place.Even in 1992, the entry of the World Top 500 list with a threshold of 2.329 billion US dollars, Igreat has been very close.

Whether it is the top 500 American companies or the world's top 500, it is not so easy to enter.

For example, for the top 500 companies in the United States, the average age of all these companies on the list reached 42 years old in 1992, while Igreat was established in just 4 years.

Moreover, four years ago, most of the public even had no idea about the Internet industry.In other words, the company is equivalent to creating a new industry field.

This is basically true.

With the publication of the front page article of the San Francisco Chronicle, the media's exclamation, questioning and assault came in droves.

In recent years, the company has operated through several excellent news events, which has obviously made traditional paper media platforms feel threatened.

Although the advertising revenues from portals accounted for only about 10% of the total revenue in this financial report of Igret, the traditional media is still facing enemies. The East Coast's influential "The Boston Globe" does not Covertly attacking Igret’s financial report is a sensation, and it is a misleading of capital and the public, so it even requires the federal authorities to investigate this ulterior motive.

No matter how fierce the outside world's doubts and attacks are, with the publication of the article, the capital market has quickly responded most directly to the US technology sector.

Eaglet is not a public company, but Cisco and AOL are.

Moreover, a complete Internet industry chain created by the three companies can be seen by anyone with a clear eye.

Therefore, the two companies that just broke through the market value of 20 billion US dollars in early February, the market value directly rushed to 30 billion US dollars with the release of the same substantial growth of the financial report and the explosion of the explosive annual financial report data of Igret. .

During the disturbance, the time entered March 1993.

Moreover, for the Internet industry, this is destined to be an extraordinary March.

The aftermath of the data breach of Igret’s annual financial report has not subsided. On March 2nd, Bill Clinton, who had been in office for less than two months, officially launched his visit in Silicon Valley on a busy schedule. The one-day trip In the past, Bill Clinton visited the headquarters of five companies including HP, Intel, Cisco, AOL, and Igret, and delivered a speech on the "Information Highway Project" with the Stanford University campus auditorium that afternoon.

Bill Clinton visited Silicon Valley. Three of the five companies on the agenda are affiliated with the Westeros system. Even though the figure of a certain young man did not appear during the entire visit, this arrangement is enough to show There is a clear close connection between the Stello system and the new president.

Therefore, the day after this visit,

This is just the beginning.

Then, in the second week of March, on March 8, the US Senate formally voted to pass the bill on the Information Highway Plan, which has been in the works for a long time since last year.

When the bill was officially announced, the entire world's eyes were instantly focused on it.

The 20-year plan with a total investment of US$400 billion is a cross-century bill. The core content is the plan to build a complete information network composed of communication networks, computers, databases, and daily electronic products to provide the public with a large amount of information.

The specific content of the bill includes "promoting investment in the information industry", "increasing infrastructure construction", "ensuring information security and network reliability", "relaxing spectrum control", "strengthening intellectual property protection" and other aspects. In general, It is to promote the development of the information industry with the greatest power available to the entire United States.

In the past history, the "Information Highway Project" was launched in 1993. At that time, the Netscape browser was just born. AOL had not yet risen, and Yahoo was still missing. Although the Clinton government tried to make the bill as powerful as possible, it was still difficult. Let the public realize the importance of this bill.

This time, with the advancement of the Westeros system, AOL, Cisco, and Igret have all risen ahead of time. Whether it is capital or the public, they all intuitively appreciate the impact of the information age on the entire society. influences.

Therefore, when the "Information Superhighway Plan" was officially released, the US technology stocks sector did not experience the brewing from 1993 to 1995, but began to take off.

AOL also broke the $30 billion mark on March 9 a week after Cisco's market value broke through $30 billion.

At the close on March 9th, Cisco's market value for the almost monopolistic basic network equipment market reached US$35.1 billion, and AOL's market value also reached US$30.9 billion.

The share prices of other important technology stock companies, such as Microsoft, Intel, Apple, SUN, etc., are also rising rapidly these days.

This is crucial for the Internet industry in March, and certainly will not end with the publication of a bill that may require long-term results.

On March 11, Microsoft held a press conference in Seattle and launched a new Windows 3.2 system.

In the past history, the Windows3.2 system was released in 1994, and compared with the Windows3.1 system, the upgrade is not large, mainly because of the increase of multilingual support including Chinese.

This time the Windows3.2 system, although released a year in advance, is a brand-new system specially customized by Microsoft for the coming of the Internet era, which greatly enhances the support for network, image, audio, video and other multimedia services.Not only that, the Windows 3.2 system also launched the'Start' menu, which is essential for the Microsoft Windows platform in advance.

Simon had obtained the trial version of Windows 3.2 three months in advance. In his view, this operating system equipped with the'Start' menu in advance is far from the classic Windows 95 in memory.

Next, the important breakthrough of Windows95 is probably the upgrade from 16-bit system to 32-bit system.

On the second day of Microsoft's Windows 3.2 release, on March 12, Intel Corporation released the first-generation Pentium processor with basic parameters in October last year, and officially began to market.

The Pentium era begins.

In the original space and time, it was precisely relying on the Pentium series of processors, Intel completely ended the state of the PC processor chip group, and the x86 architecture unified the rivers and lakes.

After the two technology giants made a combined punch, as of the close of March 12, Microsoft's market value reached 32.6 billion US dollars, becoming another new technology company with a market value of over 30 billion US dollars after Cisco and AOL.

Because of Apple, Motorola, AMD and many other competitors, Intel’s market value has also been influenced by the recent popularity of technology stocks, but it has not made much breakthroughs. The market value of that day was fixed at 26.1 billion US dollars, which is quite close to 30 billion US dollars. gap.

However, when the day ended, many media could not help but fall on these four companies held by Westeros.

March 12 is Friday, except for Microsoft and Intel, Cisco's closing market value is 35.6 billion US dollars, AOL's closing market value is 31.7 billion US dollars.

According to Westero's shareholding ratio of 50.1%, 66.1%, 21.3% and 15.6% for Cisco, AOL, Microsoft and Intel respectively, the value of the four companies held by Simon Westero reached $17.8 billion, $20.9 billion, $6.9 billion and $4.1 billion.

Any shareholding in the first two companies has exceeded the $15 billion in personal assets of Tiyi Ming, the richest man in Japan, the second richest person in the global rich list in 1992.

The stock value of the four companies added up to a staggering $49.7 billion.

In recent months, many media have predicted that Simon’s personal assets in 1993 will exceed the 100 billion mark and become the world’s first billion-dollar billionaire.

Many people originally doubted this.

Even if Westero's personal assets in 1992 have reached 65 billion US dollars, but how can the threshold of 100 billion US dollars be so easily reached.

Now, only four technology stock companies held by Westeros have brought Simon’s personal wealth to $49.7 billion, plus Westeros’ Daenerys Entertainment and Cersei Capital , Melisandre, Igret, etc., a large number of assets, there is no need to wait for the second half of the "Forbes" rich list released, Simon Westero's personal assets have clearly exceeded 100 billion US dollars.

When some media have begun to quietly count Simon's personal net worth in order to gain some attention and sales, another news came out the following weekend.

Westero's Igreat, which is tied to Cisco and AOL, will conduct its first external equity financing, with a 10% share sale.

Quote, $1.5 billion!

Many people saw this news in the media, and the first reaction was that the lion opened his mouth.

However, then there was silence.

A 10% stake, $1.5 billion, means Westeros’s valuation of Igret is $15 billion.

For companies with similar market value in the market, based on a higher price-earnings ratio of $3 billion, the revenue and profit scale should also be around $5 billion and $500 million.

Igret's 1992 revenues were only $1.937 billion, and the loss in the past year reached $139 million.

It's just that Igrid is clearly not classified as a traditional company.

This is a recently sought-after Internet company.

And almost control the World Wide Web portal.

The industry is not without other technology giants looking for new network technology standards to circumvent the news of Igreat’s Web technology patent barriers, but the development of the World Wide Web is too fast. At this stage, 90% of Internet sites use the World Wide Web Technology, so that for the average person, the World Wide Web is actually the Internet.

Therefore, even if other network technology standards are introduced, the first thing to be achieved is compatibility with the World Wide Web.

Otherwise, your network cannot connect to 90% of the Internet sites, so what else is necessary.

If you want to achieve compatibility with the World Wide Web, it is impossible to bypass the World Wide Web patent.

Therefore, people with clear eyes know that it is difficult to create a network standard that competes with the World Wide Web technology. It is like creating a compatible DC power system in the AC power grid system that has been widely used in the world. There is no realization at all. possibility.

Since it is impossible to compete with the World Wide Web, if you want to take a slice of this industry, you must join it.

In the past few years, Igrid has also shown a fairly open attitude. In addition to some patents that involve core business interests, Igrid’s free access to the World Wide Web technology is enough to allow other interested parties to enter this field. Technology companies develop their own businesses.

However, the market created by this openness cannot be the same as the value inherent in the Igreat itself.

Therefore, since the start of the Igreat company, many people are closely watching the development of this company, and more than once tested the Westeros system whether it can invest in this company.

The previous answer is naturally specific.

Relying on the profits contributed by companies such as Daenerys Entertainment and Cersei Capital, the Westeros system does not have an urgent need for capital, and even if there is a lack of money, the Westeros system’s heritage is enough to easily The bank received a loan of USD 1 billion.

As a result, many people once felt that Igret may remain absolutely private for a long time.

Because they couldn't get involved, and some forces had begun to brew during this time, how to'remind' Simon Westero not to eat solitary food.

Unexpectedly, with a series of major events related to the field of new technology in March, the Westeros system actively released the news that Igerett will conduct external financing.

This is a long-awaited news for many people.

However, the results deviate from the imagination.

A 10% stake, $1.5 billion, is really too expensive.

Even if it is clear that Igrid is indeed worth the price tag, it's just that $1.5 billion, not $150 million, not to mention $15 million.

Such a huge amount of capital can only obtain 10% of the shares of a company, and any capital that is interested in Eaglet will inevitably hesitate to this.