MTL - The Science Fiction World of Xueba-Chapter 475 2 years later

Pang Xuelin explained DDR technology and flash memory technology together with Xia Peisu and Ni Guangnan.

Xia Peisu and Ni Guangnan looked at each other and couldn't help smiling.

Compared to Pang Xuelin, they feel that their knowledge structure is far behind each other.

Of course, in contrast, Ni Guangnan knows Pang Xuelin well, so it doesn't seem too surprised.

Xia Peisu was shocked, Pang Xuelin's professionalism in this process was far beyond the level of an ordinary technology enterprise boss, and no less than the master's doctors under his own. What is there.

Before seeing Pang Xuelin, Xia Peisu had long heard that Ni Guangnan said how powerful Pang Xuelin was, he thought it had an exaggerated composition.

But now it seems that these rumors are probably not exaggerated at all.

The young man's perception of the entire ICT industry is probably still above the level shown in his paper.

Next time today, Pang Xuelin, on the one hand, and Xia Peisu and Ni Guangnan conducted some discussions on the development ideas of HiSilicon's post-school, on the other hand, it was just the beginning of the establishment of Hisilicon R & D team.

Among them, Ni Guangnan served as the deputy engineer of HiSilicon Semiconductor, and Li Yinan was transferred from Huawei by Pang Xuelin as deputy chief engineer.

Pang Xuelin himself served as the president of HiSilicon, and Xia Peisu was also brought in by Pang Xuelin as a consultant for HiSilicon.

As for Hu Weiwu, of course Pang Xuelin will not let go, he will be internship in HiSilicon semiconductor, and formally joined HiSilicon after graduating from the doctorate in the first half of next year.

...

Two years passed quickly.

March 1, 1996.

Los Angeles International Airport, Los Angeles, USA.

Pang Xuelin held Mu Qingqing's little hand, and the two walked side by side in the VIP passenger channel of Los Angeles International Airport.

He was followed by Liu Qi, President of Xinghuan Technology, Ren Zhengfei, President of Warwick, Ni Guangnan, Chief Engineer of HiSilicon, Li Yinan, Vice President of HiSilicon, and Sun Yafang, Vice President of Warwick.

In the past two years, Pang Xuelin has been very low-key in China.

Most of the time, he stayed at the HiSilicon headquarters in Shenzhen, leading the team to develop chips with a new instruction set architecture.

In the past two years, Pang Xuelin's industry has expanded like a balloon.

Warwick has become the leading communications company in the country, the leader in the field of program-controlled switches, and has recently begun to enter overseas markets such as Africa, South America, and Russia.

In the field of 2G communications, Warwick has also completed the research and development of base transceiver stations (BTS) and base station controllers (BSC), and is currently conducting joint tests with China Telecom and China Unicom.

The research and development of mobile phones is also in progress. The development of new mobile phones using the Nokia 1100 as a template is progressing smoothly. Although many parts still need to be imported from abroad, in the core parts field, HiSilicon is gradually implementing import substitution.

Today, Warwick ’s valuation has already exceeded 20 billion yuan, and it has gained considerable fame among domestic private companies.

As for Xinghuan Technology, in 1994, CVD sales exceeded 5 billion, and in 1995, with CVD prices slashed, sales exceeded 10 billion.

In the past two years, Xinghuan Technology has successively launched a large-scale layout in the field of film and television DVD copyrights. Using the relationship between Scope and Don Valentine, they have successively reached cooperation agreements with major Hollywood film and television companies.

At the beginning of this year, Xinghuan Technology launched a new generation of DVD products, and with the cooperation of Scooper, it entered the overseas market simultaneously. Last month alone, Xinghuan DVD sold 50 million in the North American market, and it is going strong. Growth, it is expected that annual sales will exceed one billion US dollars.

In the European and East Asian markets, the growth of Xinghuan DVD is also strong.

At present, Xinghuan Technology has become the most valued technology company in China. According to Pang Xuelin's plan, Xinghuan Technology (mainly DVD, CVD machine) will be listed on Hong Kong stocks within the year.

Goldman Sachs and other investment banks have given Xinghuan Technology a valuation of more than 100 billion yuan.

And Pang Xuelin, who owns 80% of Xinghuan Technology, will undoubtedly reach the throne of China's richest man.

Even in the world rich list, it also has a place.

But perhaps because of Pang Xuelin's relatively low-key performance in the past two years, few interviews with the media, or the rapid rise of Microsoft, Bill Gates has won the throne of the world's richest man. There is not much news about Pang Xuelin in the media.

Only this time, Pang Xuelin was destined to have no way to keep a low profile.

Yahoo, which has been commanded by him remotely for two years in the United States, will be officially listed on March 7 this year.

This is basically consistent with the development in Yahoo's history.

The history of Yahoo, which was listed on the IPO on March 7, 1996. The stock price soared from 13 yuan to a maximum of 43 yuan on the day of the issuance. Although the closing price fell to 33 yuan, this has made it an issue in the history of NASDAQ The company with the third highest daily growth.

That day, Yahoo's market value reached 850 million US dollars, and at that time, the company had only 49 employees.

The book value of Yang Zhiyuan and Ferro both exceeded US $ 130 million, and early investor Softbank made a profit of nearly US $ 200 million.

Within a few months after listing, Yahoo ’s stock price fell more than 44% from its IPO high, but until March 1998, Yahoo was the only search company that had made a profit.

At this time, about 35% of Yahoo's traffic share comes from the local, and the rest comes from overseas. This company started its pioneering overseas market non-stop 10 days after its listing. It and Softbank established Yahoo Japan with a share of 40% and 60% respectively. This is the first time an American Internet company has set up a branch overseas. .

On the one hand, overseas strategy can bring more traffic and higher advertising revenue to Yahoo, on the other hand, it is also constantly pushing up Yahoo's stock price.

In 1997, Yahoo acquired Rocketmail and launched its own mail service. Over the next few years, Yahoo launched its own games, groups, and instant messaging services.

In early 1999, Yahoo acquired GeoCities, an online virtual community with US $ 3.57 billion in stock, which was the third most trafficked website in the world at the time, and Yahoo acquired US $ 5.7 billion in stock in less than a hundred days. The online radio website Broadcast, at the time, had only 570,000 users.

By 2000, the market value of the Yahoo Empire was as high as 128 billion U.S. dollars. Even Buffett ’s Berkshire Hathaway would have to take advantage of this Internet upstart company. Its market value was only 108 billion U.S. dollars.

It is a pity that since then, the Yahoo Empire has begun to decline day after day.

In the middle, Google and Facebook have been missed one after another, and Yahoo began to go downhill step by step.

In 1998, two of Google ’s founders had contacted Yahoo and hoped to sell PageRank for $ 1 million. Yahoo rejected the requests of two Stanford doctors. This did not hinder the cooperation between the two companies. The two parties reached an agreement in 2000 and Yahoo uses Google's search engine.

Two years later, in 2002, Yahoo once bid for nearly US $ 3 billion to acquire Google, which was eventually rejected by the latter.

This time, the initiative to negotiate is in the hands of Brin and Page, who are asking for $ 5 billion.

In 2002, Google ’s revenue was only $ 240 million, while Yahoo ’s revenue was less than $ 840 million, and its stock price hovered around $ 7. If you want to successfully acquire Google, it means that Yahoo will bet its entire net worth on this search company, which has a completely different model from itself, which is no longer an acquisition, it is more like a merger.

In the end, Yahoo gave up this thrilling acquisition.

Two years later, Google successfully went public, and Yahoo found that it had changed from a leader in the search market to a staggering laggard and chaser. By 2006, Yahoo brand advertising growth had fallen by half, and its share in the search-related advertising market had fallen from nearly 1/3 to less than 1/4, while Google accounted for 68% of the entire market.

For Yahoo, the hidden dangers that are more serious than the business decline are that Google ’s acquisition of YouTube and Facebook ’s growing size, and Yahoo ’s sitting on the online video and social market are divided, which directly leads to the subsequent content and social tide. Yahoo is completely at a disadvantage.

In 2006, Yahoo also saw the huge potential of Facebook, but what happened was that due to the embarrassing financial situation, professional manager Semel finally lowered the $ 1 billion quotation to $ 850 million, and this looked smart. Reasonable business decisions with financial considerations ultimately led Zuckerberg to reject Yahoo.

Even Yahoo had the idea of ​​acquiring YouTube, but in the end, it was finally taken first by Google at a higher price of $ 1.65 billion.

Over the next few years, Yahoo, which had fallen into the internal friction of executives and failed investments, gradually slipped into the abyss.

In 2016, Yahoo's voyage finally ended. After more than two decades of wandering, after witnessing the Internet's prosperity, this Internet company, which was once the most innovative and interesting in Silicon Valley, was finally accepted as expected. The way of acquisition ended in the history.

Verizon bought Yahoo's main business including search and email for only 4.83 billion US dollars. Since then, Yahoo has only become a holding company holding 15% Alibaba Group shares and 35.5% Yahoo Japan shares. The company, based on the performance of the two companies in the stock market, Yahoo Holdings is worth more than $ 40 billion.

In 2017, Yahoo finally changed its name to Altaba. Since then, there is no Yahoo in the world.

But in this world, Yahoo is obviously impossible to decline as in history.

In the past two years, Pang Xuelin has firmly controlled 90% of Yahoo's shares. With the continuous cash flow of the two companies, Xinghuan Technology and Warwick, Pang Xuelin's rich money has made any coveted Yahoo's capital nowhere.

In addition, through Yahoo, Pang Xuelin has completed the development of Yahoo Mail, Yahoo Communications, Yahoo Portal, Yahoo Search, Yahoo Website Navigation and other products.

The heads of Yahoo search are Li Yanhong, Larry Page and Sergey Brin.

The addition of these three gangsters makes Yahoo Search, which integrates hyperlink analysis technology and rankpage technology, as the most popular search engine among American netizens.

However, Pang Xuelin is also very clear that today Yahoo has developed into a bottleneck.

Whether it is the overall public opinion environment of American society or the interests of the entire United States, it is impossible for a Chinese to control Yahoo, a company that has gradually demonstrated the prospect of Internet giants.

Therefore, Pang Xuelin must go public by operating the company and tie certain people to the Yahoo chariot to **** Yahoo's future development.

This trip to the United States, Pang Xuelin was to ring the bell for Yahoo before going public on the NASDAQ.

"Mr. Pang, welcome to the United States!"

Pang Xuelin pulled Mu Qingqing just out of the VIP passenger exit and saw Yang Zhiyuan, Ferro, Benson Raphael, Chambers, Mogridge and others greet themselves.

Pang Xuelin smiled, and for Chambers, Mogridge was not surprised.

In the past two years, Pang Xuelin has been increasing its shareholdings in Cisco, and today it already owns 12% of Cisco's shares, making it the largest individual shareholder of Cisco.

Today, Cisco's market value has already exceeded 100 billion US dollars. Pang Xuelin's assets in Cisco alone have exceeded 12 billion US dollars.

Not to mention, he also has companies like Xinghuan Technology and Yahoo with bright money.

For such a capitalist, Chambers and Mogridge should naturally take it seriously.

Maybe in two years, they will become the big boss of Cisco.

"Old Yang, Ferro, Raphael, you have worked hard."

Pang Xuelin stepped forward and shook hands with Yang Zhiyuan, Ferro and Benson Rafael respectively.

It is worth mentioning that Benson Raphael, who originally worked for Sequoia Capital ’s Don Valentine, now also joins Yahoo as Yahoo ’s chief financial officer.

Benson Raphael is very well-connected in the US capital circle. This time Yahoo went public, and it was all operated by Benson Raphael.

Then, under the introduction of Yang Zhiyuan, Pang Xuelin shook hands with Yahoo executives such as Li Yanhong, Larry Page, and Sergey Brin.

After the people saw each other, Pang Xuelin boarded the convoy prepared by Benson Raphael for them and went directly to a manor in the suburbs of Los Angeles.

Half a year ago, UU Reading www.uukanshu.com Pang Xuelin bought this ancient manor built in 1879 for US $ 250 million through Benson Raphael ’s relationship and registered under the name of Mu Qingqing .

Here, it will also be the place where Pang Xuelin lands in the United States.

That evening, Pang Xuelin held a grand banquet in the manor to entertain guests from all over the United States.

Among them are Don Valentin, Bill Gates, Buffett and other big-name figures.

As Native Americans, these people are no strangers to Pang Xuelin, who appears in the American capital circle.

In the past two years, the two companies invested by Pang Xuelin, Cisco and Yahoo, have already become legends in the US technology community.

As for another Scooper company that cooperates with Xinghuan Technology, it has also become a giant in the DVD field.

Therefore, for the banquet held by Pang Xuelin, everyone was glad to go.

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