Hollywood Hunter

For security and privacy reasons, Simon does not intend to show the lives of girls for a long time.A week after the webcast of the London Villa Girls opened, the Igrid Portal issued a notice on March 8 stating that the live broadcast will end on March 31 and last for a month.

Simon originally intended to broadcast live for only two weeks.

Considering the promotion effect of this phenomenon-level live video broadcast on AOL, Igreat, and even the entire computer and Internet hardware and software industries, this extended the live broadcast time to one month.A month later, the public heat of the girls has basically cooled down, and Igreat is also enough to complete the detailed testing and data collection of the webcast technology.

During the period from the end of February to the beginning of March, accompanied by the storms caused by the London girls, a number of companies in the Westeros system have actively or passively released a series of financial report data, or the 1993 annual calculation of the financial report period according to the natural year. Annual financial report, or the single-quarter financial report for the last natural quarter of 1993.

The Daenerys Entertainment Group and the Internet giants Cisco, AOL, and Igret, who are promoting the IPO plan, have become the four companies in the Westero system that have attracted the most attention from the outside world. The cycle happens to be calculated according to the natural year.

The first to report financial results is Cisco.

On February 25, Cisco released the 1993 annual financial report through the Eaglenet portal.

With the rapid growth of the Internet industry worldwide, Cisco also completed a wide range of its products worldwide in 1993.

Even in order to avoid the influence of considerations such as monopoly charges and overseas national protection policies, Cisco's market share in the global router and switch field in 1993 decreased from more than 95% when it was first launched three years ago to about 75% in 1993.

However, this new technology company that exploded rapidly with the rise of the World Wide Web still achieved a revenue growth rate of 135% in 1993. The annual revenue increased from 2.63 billion US dollars in 1992 to 6.19 billion US dollars in 1993.

In the early stage, in order to consider technology research and development and market development, Cisco's net profit margins were maintained within 10% in 1991 and 1992.With the completion of the global market layout, the company's net profit margin in 1993 also increased to more than 10%, reaching 12.6%, and achieved a net profit of 779 million US dollars.

Compared with the annual profit of US$252 million in 1992, net profit in 1993 increased by 207% year-on-year.

In fact, the 12.6% net profit margin is still seriously lower than the market advantage of Cisco products. Both Cisco and the outside know that if they pursue profits as much as possible, this company can easily achieve a net profit margin of more than 20%, regardless of Simon himself. , Cisco management and the majority of external shareholders are not short of long-term vision, so they all understand that Cisco needs to focus on expansion at this time, rather than can not wait for profits.

The capital market was affected by the company’s excellent annual revenue growth rate of 135% and the equally amazing profit figures. On the day of the release of the Cisco financial report, the stock price rose 3.6% throughout the day, and the market value reached 57.6 billion US dollars, surpassing food and tobacco giant Philip. Morris, after the veteran industrial giant General Electric Group with a market value of $79.1 billion on that day, became the second-highest company in North America by market value.

After a series of large and small business mergers and acquisitions and management equity incentive projects, Westeros' shareholding in Cisco fell to 46.3% in early 1994.According to the market value of 57.6 billion US dollars on February 25, Simon's stock value of Cisco's stock is still as high as 26.7 billion US dollars, which alone surpasses any other rich on the Forbes rich list.

On February 28, the last day of February, AOL followed Cisco's 1993 financial report.

AOL has also launched a global expansion plan, but it is different from Cisco, which has a relatively low threshold for Internet equipment manufacturers overseas.

As of December 31, 1993, the total size of AOL's users in the United States reached 32.61 million, with a year-on-year user growth rate of 88%, lower than 125% in 1992, mainly because of the Internet penetration rate of AOL's original operating regions Due to the gradual increase, although the potential for subsequent user growth is still great, it is limited to factors such as infrastructure and economic conditions, and the speed of residents' access to the Internet has begun to slow.

Even so, more than 30 million total users have accounted for 71% of the total number of users of the World Wide Web in the United States, far exceeding any other Internet service provider in the United States at this stage.

Relying on such a huge user base, AOL achieved a total annual revenue of 9.15 billion U.S. dollars in 1993. Compared with the revenue of 3.87 billion U.S. dollars in 1992, the growth rate reached 136%. This data exceeds most Wall Street analysts. Expectations.

However, because of the huge investment in basic equipment and ADSL network upgrades, AOL’s loss in 1993 was as high as $769 million, an increase of 194% year-on-year.

Because it was already expected, the capital market did not respond much.

You know, after AOL issued a total of 1.2 billion US dollars of corporate bonds last year, the total amount of debt is still only 2.6 billion US dollars. Compared with this company's huge market value of more than 50 billion US dollars, the corporate debt ratio is less than 5%, far Lower than other companies in the same industry.

As AOL is about to compete fiercely with local operators in the Great Lakes off the east and west coasts, the southern United States, and other regions, it is expected that the loss in fiscal year 1994 will expand and may even exceed $1 billion.

Simon had known this expectation last year, and the capital markets are well aware of it.

Therefore, the huge losses in AOL’s earnings data for the day did not affect the stock price rise. At the close of the afternoon of February 28, the stock price rose by 2.7%, and the total market value reached 56.2 billion US dollars, which also exceeded Philip Morris. After Cisco's stock price continued to rise after that day, Cisco's market value was 59.1 billion US dollars, ranking third in the US corporate market value list.

Also because of various equity operations, Westero's shareholding in AOL fell slightly to 65.5%, and the value of Simon's AOL stock reached $36.8 billion on February 28.

Only after a weekend, Simon’s value of Cisco’s stock also increased from 26.7 billion US dollars on February 25 to 27.3 billion US dollars on February 28, and the book value in three days reached 600 million US dollars, compared with his past year. Private spending of about $500 million in real estate, women, etc. is even higher.

Of course, Simon's personal expenses actually do not need to be obtained by reducing the stocks in his hands.

Next, there is no Igreat company listed in the short term and no IPO plan. Simon does not really want to publish the Internet company’s financial report, just like the growth of nearly 400% last year, even after the 1992 outbreak. Growth has begun to slow, but only in relative terms.

Igret's specific financial report data is still very eye-catching.

Moreover, the media that pay close attention to new technology companies are also the most concerned about Igrid among the three Internet companies affiliated with the Westeros system, such as Cisco, AOL, and Igrid. In order to avoid unlimited exploration by the media and concoct various exaggerations The fictitious data of the company, after consideration, released a relatively simplified financial report on March 7.

In 1993, the company relied on a series of popular Internet businesses such as software sales, YWS services, e-commerce, online advertising, and software stores, and accumulated a total revenue of US$5.41 billion, with a year-on-year revenue growth rate of 179%. The loss was US$393 million, an increase of 182% year-on-year.

Although the annual revenue growth rate of 179% was far lower than the 394% in 1992, it also exceeded Cisco and AOL.

The loss of 393 million US dollars, compared with the revenue growth volume of Igret, is completely within the tolerable range.

Not only that, for those with more detailed financial data, Igret’s cash flow situation is healthier than that of AOL and Cisco. At the current rate of capital consumption, only Goldman Sachs and Morgan Stanley bought Iraq last year. The $1.5 billion in funds paid by Grete’s 10% share is sufficient for the company to remain in operation for at least two more years.

Therefore, the current debt ratio of the Internet company, which is already able to squeeze into the list of the top 500 US companies, is still'zero'!

The current Igret is almost equivalent to the complex of new technology companies such as Netscape, Yahoo, Amazon, Google and others in Simon’s memory. The overall revenue of US$5.41 billion is already available for the company’s establishment period. Horror is used to describe, however, if the business is subdivided, many of them have the potential to grow into a corporate giant alone.

The outside world can only speculate on the specific revenue of Igrid's various businesses. Simon had obtained specific data before the financial report was released.

Of the total revenue of US$5.41 billion, the annual turnover of the Amazon online store increased from US$620 million in 1992 to US$1.36 billion in 1993, with an annual growth rate of 119%.

The YWS department in charge of Carol Bartz was re-segmented last year.

Ygritte Dreamweaver, Ygritte Fireworks, Ygritte and other web-based tool software are re-divided into dedicated software departments. With the rapid increase in the demand for basic tool software by Internet companies around the world, the sales of basic software of Igritte from 1992 The 280 million US dollars surged to 810 million US dollars in 1993, with an annual growth rate of 188%.

It is still not directly declared as a cloud computing service, but it continues to be firmly known as Ygritte Web Service (Ygritte Web Service), that is, the revenue of the split YWS department also because of the sharp increase in market demand, the annual revenue reached 790 million US dollars.

The reason why this part of the business revenue, which is more core than basic software, failed to surpass the software department is mainly because Igerit does not want to expose the huge scale and cost advantages of its own cloud computing technology prematurely. When competing, it only provides a slightly lower price. For users, it has not shown a very attractive price advantage for the time being. Many Internet startups are therefore more inclined to buy servers to build websites.

The Internet bubble will eventually burst.

Because of the vast market demand, many technology companies, including IBM and other established computer manufacturers, have begun to get involved in the most basic data center services, and have invested heavily in the construction of traditional large-scale server data centers.It is conceivable that once the Internet bubble burst, Internet companies have compressed costs or even went bankrupt and closed down, leading to a serious surplus of data center resources. By that time, the elasticity and cheap advantage of Igreut’s cloud computing services will be revealed.

Not only that, but Igreat’s cloud computing technology will become more mature.

In fact, IBM and other manufacturers have already noticed the cloud computing technology of Igret, and have seen the huge advantages of this technology.

However, in order to protect their hardware and service businesses, these companies are not keen on following up this technology, or even instinctively resist, in the case where Igrid has no time to hurry.After all, the rise of cloud computing will inevitably cause a huge impact on the hardware sales of traditional server manufacturers, which is precisely the core business of many old technology companies such as IBM.

On the other hand, for the cloud computing business, established companies are reluctant to keep up, and even startups see the development prospects of this technology, but because the larger the scale of the cloud computing business, the smaller the average cost. There is simply not enough strength to compete with Igret.

In the final analysis, just as Kodak refused to move closer to the digital age and eventually went bankrupt in order to protect its own film camera interests, it is still the same reason. If you cannot eliminate yourself, you will only be eliminated by others.

Counting the 120 million US dollars of other business such as e-mail technology authorization, Carol Bartz is responsible for the Internet basic software and services business mainly for corporate users. The cumulative total of 1.72 billion US dollars, revenue growth rate of 295% year-on-year.

It has always been Simon’s most important advertising business, relying on the Igret Advertising Alliance program launched last year and the sharp increase in advertising demand caused by the outbreak of the Internet. Igrit’s portals, social networks, search engines and advertising alliances In the past year, the total online advertising revenue of the big sector also reached US$1.15 billion.

Although there is still a huge gap compared to the total value of the US traditional paper media industry of up to 40 billion US dollars per year, the annual revenue growth rate of 313%, once exposed, will definitely make the traditional newspaper and television industry operators even more imminent. enemy.

The 313% increase in advertising performance also ranks among the top in Igreut’s vast business matrix.

In addition, the sales revenue of IE browser, which has been listed separately, has relied on hardware manufacturers’ pre-installation, operator channels and Ystore store sales in the past year. , A year-on-year increase of 33%.Not only is the growth rate the lowest among all businesses of Igret, but also the proportion of Igret's total revenue for the whole year has fallen sharply to about 5%.

This situation is mainly due to the openness of the Internet, which has led to the rampage of pirated IE browsers. Some PC manufacturers that refuse to pay for pre-installation and small Internet service operators in the United States and abroad even quietly or encourage users to use pirated IE software.

The attitude of Eaglett's management is to focus on the major PC manufacturers such as Hewlett-Packard and Compaq and ISP giants such as AOL. At the same time, they should block the pirated software resources found as much as possible.

Even so, the $310 million in full-year revenue actually benefited greatly from Simon’s original $10 pricing strategy.

The Netscape browser used to cost as much as $50, which is actually one of the important reasons Netscape lost to Microsoft IE.Even if there is no IE, because of the expensive pricing of Netscape and the openness of the Internet, it will inevitably lead users to tend to pirate or free browser software.

Now, Igreat’s $10 IE browser is basically within the acceptance range of most users, and even overseas users who need to consider exchange rate factors will not feel too burdened.

Management such as Tim Berners-Lee is still very optimistic about the revenue brought by IE, but Simon has seen this software free from the gradual marginalization of IE browsers in the total revenue of Igret. The possibility, and after the financial report is released, the proposal will be formally handed over to the management of Eaglet for discussion.

Browser software is free. What is important is not only the promotion of the World Wide Web, but also the greatest extent to fight for the initiative in antitrust investigations that may be encountered in the future.

At this time, many competitors and media have realized the irrationality of the fixed homepage of IE browser, and proposed that users should have the freedom to set the homepage at will if they have paid for this software.

As long as Internet Explorer is free, similar excuses no longer apply.

Moreover, in the plan given by Simon, it is only free to download from the official website, pre-installed by hardware manufacturers and telecommunications companies, even if it is no longer charged at a fixed price of about $10, Igerit can still charge through technical service fees and other reasons. There is a certain fee, so the free plan will not make this part of the revenue completely disappear, and it will even grow as the PC and Internet industries continue to explode.

Finally, the total revenue of businesses such as software stores and online payment tools such as Ystore, Steam, and Ypay was US$870 million, a year-on-year increase of 141%.

This part of the business, except that the online payment tool Ypay is crucial and not to be missed, the rest is just Simon's development in order to enrich Internet content resources, so it does not spend too much energy on it, and even can be used as a bargaining chip when necessary.