Chapter 855: Crazy market

Bill Gates is not William White, William White can accept Yahoo to compete with him, he can not accept the existence of two browsers.
The most deadly thing is that Netscape is sought after by high-end users. William White said it was four or six, but Bill Gates knew that people had given him a face.
The most important thing is that many of these 70% users are high-end users.
After turning around in Silicon Valley, Bill Gates was lost. When it comes to high technology, the first thing people think of is semiconductor or software companies.
The situation now seems to be different. Semiconductors are semiconductors, which have been thrown into traditional industries. As for software companies, office software databases, and operating systems, are also classified as traditional industries.
Knowing that Silicon Valley is so divided, Bill Gates fainted. Nima, what are your standards?
Someone very disdainfully told this uncle that this is the era of the Internet economy, your company does not carry E, and what kind of high-tech is actually so good.
Asshole, this is simply hype. None of you have solved the profit model, how could it be a high-tech enterprise. It's just the economy of the eyeballs, where there is so mysterious as you said.
"Three billion dollars is not enough? Are you kidding me?"
"Boss, we were very surprised by the news we got through Morgan Stanley."
Bill Gates was fainted, and the idea of ​​acquisition was completely eliminated. It's not that he can't make up the money, it is really unnecessary.
At the same time, the old guy of Morgan Stanley was grinding his teeth. Even if Pixar, the company with a billion dollar valuation, really can't worry about him.
"Andy? Netscape is 4 billion? If I remember correctly, their starting capital is only more than 10 million yuan. Also, how much software have they sold so far?"
"Boss, it won't exceed 20 million. If this is the case, Microsoft should have 40 billion."
Da Mo's old guy couldn't understand it, all of them were all evil.
"Is this market a market we are familiar with? Is it true that they are priced in Japanese yen."
"Boss, they are crazy, and their venture capital in Silicon Valley is close to eight billion dollars."
"So, he half of William White?"
"Boss, this is not the case. Several of his funds have narrowed their investment efforts. From time to time, some transactions will be made."
"Well, for our criticism, it looks right. If Netscape is worth 4 billion, Soeasy and ICQ should not be so low."
"Boss, the differences mainly focus on Internet companies. Although we expressed dissatisfaction with Cisco’s valuation proposal, they only bargained. As for these two Internet companies, they directly cursed the street. Goldman Sachs was even worse, and hurried home, No press conferences are allowed."
"Okay, Andy, help me get these big guys to play. It's wrong here, except for the problem."
It is meaningless to blindly raise the valuation. You can say that Netscape and Pixar are whimsical, but it cannot be said that William White is also the same.
The case of falsely high prices leading to the failure of the issuance is not without. Generally speaking, the price of the second IPO will encounter an avalanche.
William White and they are a class of people, there is no reason to understand. Moreover, this stock has always been very tight on the stock in hand. The kind they bought at Da Mo has only a part of the voting rights.
Not buying?
Okay, don’t send. Believe it or not, I add 10% to sell directly to the foot basin people?
The shop is big enough to cheat customers, this is the same everywhere. The stock in hand is valuable, which is pleasant. But why is it so valuable?
Netscape also sold software for less than 20 million. Why did you do William White?
Soeasy and ICQ?
Five hundred million has been burned, and no dime return has been seen. Nima, no wonder so much venture capital. Let him say that there is a risk of wool, Netscape plus Soeasy and ICQ, this is a proper 10 billion.
All other investments are on the street, so these three are also worth the fare?
What? Did you invest in these three?
To die, this is because you are blind and have nothing to do with others. The old guy is pretty sure that as long as these three companies successfully go public, the venture capital will definitely have an explosive growth.
The investment bank did not understand, and the head of the Fed was dizzy. In order to save Mexico, I have a headache. Fifty billion US dollars, but also endorsement by the government, you just spend more than 10 billion toss about it.
Attention economy?
Okay, I did say it in the Harvard class. But is this amount too exaggerated?
"Can't understand? You should talk to William White." Paul Volcker looked at Greenspan funny. Should this guy ask for advice?
"Paul, that slick boy, don't you want to hear a truth from his mouth. I just said that it was overheated, so he took it out and mocked him."
"Hahaha, dear Allen, Buffett is even more miserable, and is directly said to be incomprehensible."
"Okay, I can't justify it. I believe that Buffett will not work either. Like his achievements at Oscars, no one will doubt this demon."
It's easy to say that you live and learn. In the identity of Greenspan and Buffett, even if you want to calm down and study, it is impossible.
Well, the computer is really good, the statistics are very convenient, and the reception of mail is also very good. What about the profit model? Does it depend on those few professional users?
If you don't understand something, you should stop investing. I have to say that Buffett understands people. If you go all out to toss about it, you may not be able to guarantee it later.
What? Was not pitted.
Cough, that's not his personal money. His own wealth. Long ago thrown into the charity fund. You tell him that the US stocks have melted down again, and he will not care too much.
Well, our new medicine is successful, and you can live at least another fifteen years.
Believe me, this is what Buffett most wants to hear.
Not to mention the 89-year-old Buffett, Bill Gates, Zuckerberg, that is not a drug with a lot of money to prolong life.
In William White's view, it's really unnecessary. Of course, the quality of life is OK. If you just lie in a wheelchair, what's the point of having toss you for so long?
What if it crosses again?
According to the law of conservation of energy, energy will not disappear even if it dies.
So, will there be a parallel world?
This is really not easy to say.
After living to 108 years old, I hope the doctor will rescue again. Cough, well, this is really boring. If your old man's energy is exhausted, then it's really in trouble. Will he be a beggar?
Ha ha, the poorest is just asking for food, and will die in the end. This sky will not beg for anything, as for the parallel world, maybe it will be called Hanako.
It doesn't matter whether you like it or hate it. Silicon Valley is getting more and more lively. This is an indisputable fact. As for whether there is a bubble in this, this is actually a pseudo-proposition.
Just like the situation at present, if more than 10 billion US dollars are smashed down, it will naturally fall into the sand. If there is a pot overflowing, there is naturally no return.
You ask those who succeeded in investing, and of course they will tell you that the market is healthy. You go to ask those who thump the street, of course, that investment needs to be cautious.
These arguments are meaningless, you just need to know that semiconductors are a sunrise industry, and so is the Internet. Rather than tangling whether there is a bubble, it is better to figure out the characteristics of successful companies.
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