typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 186 The Crisis of Netscape

August 18, 1993

Yahoo officially went online, setting off a hurricane in the Internet world.

The great convenience of free download and use made Yahoo software spread at an almost explosive speed, quickly becoming the main position on the desktop PC, attracting great attention from Microsoft.

Yahoo was the first website to provide Internet navigation. Its services include search engines, e-mails and news. Its unique classified database can quickly respond to Internet surfing needs. Once it was launched, its reputation exploded.

Compared with the original historical version, more game sections have been added, making the Yahoo website more customer-friendly and with higher advertising value.

After three months, Red Hat has once again become the focus of news in the United States and even around the world. People are looking at this high-tech company that has created miracles with admiration.

Front-page coverage in USA Today;

The new journey of Silicon Valley’s pride

The historic Yahoo website provides news and information from all over the world, the richest content, the most entertainment value, the most attractive graphics and the easiest to use website. This is a miracle of the Internet world, the latest contribution from Red Hat.



"Times" reported;

New technology changes the Internet

The Yahoo website, which has become very popular since its launch, has changed the Internet landscape. The latest Yahoo website launched by Red Hat, the most innovative company in Silicon Valley, has become popular around the world in just one week, gaining tens of millions of users.

Praise, occupying a prominent position on the desktop PC...

The Washington Post reports;

Silicon Valley’s Chinese billionaire boss Wang makes another surprising move, threatening Microsoft’s position as the leader of the software industry

According to this newspaper, the Yahoo website owned by Boss King spread at the speed of a virus as soon as it was launched. It quickly occupied the commanding heights of the Internet world and became a website widely loved by Internet surfers. It has a good reputation and has the ability to threaten Microsoft's dominance in the software industry in the future.



front-page story in The New York Times;

The Golden “American Dream” of Internet Genius Boss King

Not long ago, the explosive topical figure Boss King dropped a blockbuster in the Internet world. The latest Yahoo website for interviews received rave reviews. In a short period of time, he occupied almost every desktop computer in the Internet world and became a popular choice among white-collar workers and offices.

Essential for elites...

At the same time, reporters from print news media, radio and television stations flocked to the door of Red Hat, waiting for help, but they were about to be disappointed.

Except for Red Hat's spokesperson who came forward to deal with the media, the company's founder and chairman, Boss Wang, did not accept any interviews.

From the roaring helicopters on the tarmac of Red Hat to the Beverly Mediterranean Hills in Los Angeles, reporters could only look away and sigh that no media could interview this mysterious Silicon Valley tycoon up close.

The media took a different approach and tracked down and interviewed the crew of "Grannet", which was about to be completed. Here was Julia Roberts, the publicly acknowledged girlfriend of the boss, who unexpectedly became popular again.

This wave of free news traffic has made the crew of "Grannet" overjoyed. With this round of publicity, the movie box office has at least reached another level.

Immediately following, sensitive manufacturers began to offer high-priced advertising endorsements to agent Piece, starting at two million US dollars, which made Mr. Piece smile from ear to ear with joy.

The most lavish company is BMW, which has given away 10 million US dollars in advertising endorsements over three years, which has increased its net worth five times compared to its previous value.

The cast of "Gannet"

The milky white Stania customized luxury trailer RV has majestic Alpine snow-capped mountains spray-painted on the huge cabin. This brand-new RV was specially customized according to Julia Roberts's preferences, just like a mobile villa.

in the RV

The powerful air conditioner works silently, isolating all the heat outside and creating a cool world inside the luxury trailer.

In the huge marble massage bathtub in the bathroom, Julia Roberts is enjoying a massage jet bubble bath. The clear water boils and stirs, and countless crystal clear bubbles emerge, driving the bright rose petals to roll endlessly.

"Dear, do you miss me?" Julia Roberts held the latest Nokia mobile phone in her hand with a pleasant smile on her face.

Wang Yaocheng's voice came from the microphone: "I can't wait to see you, Julia. Every day without you is very difficult. It makes people unable to feel the meaning of life. Even the sky becomes gray."

"Kekeke..."

Julia Roberts laughed happily and scolded: "How can it be that exaggerated? My role is almost over, and the crew will wrap it up this week. I will fly to you by then, and you can see me.

.”

"Tell me the time and I will send a private plane to pick you up."

"Well, it will only take a few days. I will tell you the specific time after I find out."

"Come back soon, baby, I miss you so much."

"Uh-huh……"

After talking on the phone for a long time, until the phone ran out of battery, Julia Roberts happily put down the phone and stretched out her smooth and slender thighs, which seemed to reflect the glory of youth.

Over there

Wang Yaocheng put down the phone helplessly and pressed the intercom on his desk;

"Miss Guo, let them come in."

"OK."

a moment later

President Huo Jiaguang, Qi Yafei, and Yu Chengde came in. Miss Guo Liyi gave everyone a cup of tea. When everyone sat down, Yu Chengde opened the documents and reported;

Since the listing of Netscape's stock, the stock securities team led by President Huo Jiaguang has been paying close attention to the stock price fluctuations for more than half a year, and has indeed discovered the actions of powerful institutions that continue to collect chips.

Although they were very careful, they still showed their flaws.

Especially in the past ten days or so, powerful institutions lurking in the dark have obviously stepped up their collection actions, causing stocks in the market to rise steadily, breaking through 110 US dollars per share and reaching a historical high.

According to preliminary estimates based on rigorous mathematical models, the other party has collected more than 12.6% of the market shares.

If Microsoft is operating secretly, then together with the 19.6% of Netscape's publicly held shares, it has obviously reached 32% or more, exceeding the 31.65% of the largest shareholder Red Hat, threatening Red Hat.

The company’s controlling shareholder status.

After the situation report was finished, the room fell into silence.

In everyone's opinion, once an acquisition that threatens the company's controlling stake is discovered, the best way is to raise funds to fight back and contact the company's shareholders to act in concert, including Goldman Sachs and Blackstone, which have always had good cooperation with Red Hat.

Unless the chairman says it, no one knows how he plans to fight back against such a malicious merger.

"How much available funds do we have now?" Wang Yaocheng asked abruptly.

President Huo Jiaguang took out the information in his hand, looked at it, and said: "Through recent operations, Netscape's equity raising funds have been transferred to Red Hat's account through interim dividends and the purchase of parent company assets, with 540 million transferred to Red Hat's account, and Netscape's account."

Retained $188 million.

As of mid-August

Netscape's first quarter report and second quarter report both achieved surpluses of US$26.5 million and US$34.8 million respectively, achieving a profit growth of more than 30%. The web browser market share reached 61%, and there is still great potential to be tapped.

The consolidated profit totaled US$94 million, which together with the raised funds totaled US$282 million.

In other words, we can only use 540 million U.S. dollars, and the remaining 282 million U.S. dollars, without the approval of Netscape's board of directors, will cause great hidden dangers and may lead to lawsuits.

Red Hat currently has a US$1.4 billion equity mortgage loan from Citibank. If the other party calls for the loan, the company will be in a difficult situation."

"Under the loan agreement, Citibank has no right to require us to repay the loan in advance."

"The normal situation is like this, but there are special provisions for large loans. When Citibank assesses that the customer has lost the ability to repay, it has the right to require the customer to repay in advance. Of course, this is at the expense of losing high interest rates, a lose-lose result.

, this kind of risk cannot be ignored.”

"Damn it, it's only right to control a bank."

The atmosphere in the room became solemn again. The three people all looked at Chairman Wang Yaocheng, wondering what he was thinking.

Compared with the behemoth Microsoft, which has extremely deep relationships in both political and business circles in the United States, there is no doubt that Red Hat will suffer from the conflict between the two.

Wang Yaocheng tapped his slender fingers on his desk, falling into careful consideration;

The opportunity has been given to you, when will you launch it?

The launch of the Yahoo website will undoubtedly stimulate the sensitive nerves of Microsoft, which may cause the other party to launch an early move to severely damage Red Hat and attack its competitors in the software industry.

Even if you put this kind of thing on yourself, you will never sit back and watch your opponent become stronger.

In the Marvel Animation stock exchange agreement, Wang Yaocheng received a profit of 125 million US dollars, plus the remaining balance of 136 million US dollars for the first phase purchase of eight-inch wafer fab equipment, he has 260 million in cash in hand.

During this period, large expenditures, including the second phase purchase of US$500 million for eight-inch wafer fab equipment, payment for a basket of production patent pools, purchase of luxury homes and aircraft, etc., were all made using Citibank loans and were not used.

cash.

In addition, there is still 150 million US dollars lying in the Hong Kong account, and another 150 million US dollars worth of Nokia stock was purchased, which has now increased to 380 million. These are all hidden tricks left by Wang Yaocheng.

If the stocks were sold and everything was added up, Wang Yaocheng alone could use 760 million in cash, plus the US$540 million on Red Hat's account, and he was completely unafraid of Microsoft's black hands.

However, Wang Yaocheng didn't want to expose his trump card, so he was already preparing to withdraw.

With the browser trend set off by Netscape, at least 30 startups in Silicon Valley are developing browsers. This thing does not have much technical content, so it is not a bad idea to find another way.

Limited by the strict patent laws of the United States, the patent wall currently built by Netscape can temporarily block followers. It is hard to say how long it will last.

Maybe it will be a year, maybe it will be half a year. When followers launch a free-to-use killer, it is foreseeable that the Netscape Navigator browser will die step by step, and it will definitely come sooner and faster than in the original history.

After repeated consideration, Wang Yaocheng felt that he should give the other party a big flaw to prompt Microsoft to launch an attack as soon as possible.

Thinking of this, Wang Yaocheng said: "Continue to pay close attention to the stock price fluctuations and notify me immediately of any changes."

"I understand, Chairman."


This chapter has been completed!
Previous Bookshelf directory Bookmark Next