The Science Fiction World of Xueba

Ma Yun stood there blankly, looking at the contents of the magazine, as if petrified.

At this moment, Bill on the side asked curiously, "Jack, what's wrong with you?"

"No...nothing!"

Ma Yun shook her head and took a deep breath.

He never thought that the Yahoo company that caused such a huge commotion in the United States during this period was actually written by Pang Xuelin.

You must know that in recent months, Yahoo's business model and development model have become the focus of attention in the industry. Many economists and financial experts are studying Yahoo's business model.

The entire Wall Street has focused its attention on the Internet, an upcoming investment outlet.

At present, the number of Internet users in the United States is increasing rapidly at a rate of 20 to 30 million per year.

According to this speed of development, I am afraid that within a few years, Yahoo will become a giant in the field of Internet industry.

At that time, Yahoo's market value will reach what kind of height, no one can be sure.

But there is no doubt that Pang Xuelin, who owns 80% of Yahoo shares, has the ability to wrestle with Bill Gates.

...

Ma Yun continued to read along the article.

After a long introduction, the next step is the serious interview.

Mitchell James: Mr. Pang, thank you very much for having the time to accept my interview today. As far as I know, few media can interview you. Why did you choose this time to accept our interview? Is it related to Yahoo's next in-flight listing?

Pang Xuelin: In fact, I have always been a very open person, but I pay attention to internal management rather than external publicity, so the media find it difficult to interview me, which may be just a misunderstanding.

However, it is undeniable that the decision to accept Mr. James's interview this time is indeed related to Yahoo's upcoming listing. After all, after Yahoo's listing, shareholder information will basically be made public. As an investor of Yahoo, I have an obligation to stand up at this time. Convey to the public some of my personal ideas and some information about the future development of Yahoo.

Mitchell James: Mr. Pang, I am very glad that you can be so frank. I hope that we can communicate frankly in the following interviews.

Pang Xuelin: I hope so too.

Mitchell James: Mr. Pang, we know that you invested in Jerry Yang and Jerry Ferro's Yahoo two years ago. What was your perception at that time? Did you think at that time that the Internet industry would usher in great development?

Pang Xuelin: Indeed, without this understanding, I would not invest in Yahoo. In fact, in my opinion, the current stage of Internet development is still in its infancy, and there are many immature areas, and there are still many things that need to be done. We continue to develop, and I think that most people may not realize what changes the Internet will bring to our society. Be it on a political, economic, social or commercial level.

James Mitchell: So what do you think of Yahoo's listing? How much do you think Yahoo is worth in dollars?

Pang Xuelin: The listing of Yahoo is a shot in the arm for the entire Internet industry. Before Yahoo, many people were wondering how the Internet industry should make a profit. Now Yahoo has given a benchmarking business template, integrating traffic and advertising monetization. As a whole, and provide Internet users with as many portable Internet services as possible.

As for how much US dollars Yahoo's market value can reach, I can't give an estimate for the time being, but I think, as the first Internet company in history, Yahoo should be a company with a market value of 100 billion US dollars!

James Mitchell: Hundreds of billions of dollars?

Pang Xuelin: Yes, in fact, in my opinion, it is not uncommon for technology companies with a market value of trillions of dollars to appear in the future.

James Mitchell: Mr. Pang is a real joker. By the way, Mr. Pang, as far as I know, you spun off Yahoo’s website navigation, search and communication businesses before Yahoo’s listing. If these businesses were listed simultaneously, I believe Yahoo will definitely get a higher valuation. You Why did you make the decision to divest these businesses? Do you think that the future development potential of search and communication services is stronger than that of portal websites?

Pang Xuelin: Consider this aspect. According to my plan, Yahoo, QQ, Google, Hao123, etc. will all become part of the Transwarp Group in the future. At present, the market for Internet search and communication services still has great growth potential. I didn't think it was a good time for these businesses to go public, so I made the decision to spin them off of Yahoo.

James Mitchell: Mr. Pang, in addition, as far as I know, you are the largest individual shareholder of Cisco. In addition, the world's largest video disc manufacturer Transwarp Technology, China's largest private communication company Huawei, and China's largest chip design company HiSilicon Semiconductor is an industry owned by you. In a sense, your enterprises represent the pinnacle of Chinese commercial high-tech companies. May I ask you to invest in so many companies, what kind of expectations do you have for the future? In addition, what do you think of the future high-tech cooperation between China and the United States?

Pang Xuelin: In fact, we are the poorest high-tech company in the world, poorer than any company in the world, but our investment is stronger than any company in the world. What is the reason?

We are for the ideal and for the future, so our scientific research investment is very large, ranking among the top ten in the world.

Our scientific research is not limited to engineering technology innovation, and is world-leading in engineering technology; now we pay more attention to theoretical innovation, and for the large-scale strategic layout in ten or twenty years, we will develop in mathematics, physics, chemistry, 3G/4G/5G... layout, our competitiveness will be stronger in the next ten or twenty years.

We hope to strengthen cooperation with the United States to win the world together.

I think that with the continuous development of China's economy, there will be more opportunities for cooperation between China and the United States in the high-tech field. It is a loss for American companies to exclude Chinese companies from cooperation with the United States. In general, I personally hope that there will be more win-win cooperation between the two countries.

James Mitchell: We all know that your childhood was not happy, did you learn anything from your childhood? I mean, how has family influenced your life?

Pang Xuelin: I don’t think my childhood was unhappy. Although my parents died young, my three uncles and three aunts still tried their best to support me when I grew up. Maybe we didn’t live well in terms of material conditions, but in terms of spiritual life , I think my childhood was more colorful than most people's.

Most of my energy is put on my studies, such as mathematics, physics, chemistry, and literature. For me, doing business is just a commercial tool to realize my ideal in life.

James Mitchell: Oh, isn't your ideal in life to make your own company develop better?

Pang Xuelin: No, as I said, the reason why I do business is entirely to serve my ideals.

In the middle of the 20th century, when Armstrong made the first footprint on the moon, almost everyone believed that humans would go to Mars within 10 to 20 years. Now, more than 30 years have passed, let alone Mars, and no one has ever been to the moon. The reason is simple: it is a loss-making business.

After the end of the cold war, the economic principle has ruled the world day by day, and human beings have made great achievements under this principle: now, we have eliminated war and poverty, restored the ecology, and the earth is becoming a paradise. This makes us more firmly believe in the correctness of economic principles. It has become paramount and has penetrated into every cell of us. Human society has become a 100% economic society. Things that input more than output will never be done again. up. The development of the moon has no economic sense, large-scale manned exploration of the planet is an economic crime, as for the interstellar voyage, it is out-and-out psychopathy, now, human beings only know the input, the output, and enjoy the output up!

For me, I hope that one day, the money I earn can make a more meaningful contribution to our human civilization.

For example, investing in scientific research to explore our cognitive boundaries.

Like going into spaceflight to explore our natural boundaries.

Perhaps the adventurous gene in me is natural. For me, human technology should serve the future development of human beings, and should not be a tool for strife between countries...

...

The interview was very long, and Ma Yun read it for nearly half an hour before putting down Fortune magazine.

This interview brought him no less impact than the introduction in the first half.

Many people in the country still know Pang Xuelin as a boy genius, inventor of CVD player, owner of Xinghuan Technology Company and so on.

But it never occurred to him that Pang Xuelin had done so many things unknowingly after being silent for two years.

Ma Yun of Warwick Company has heard that it is a legendary existence in China's communication industry. Since the invention of the C\u0026C08 program-controlled switch three years ago, Huawei has embarked on a fast track, from program-controlled switches to network switches to mobile digital switches. The communication base station, this company is like a mudslide in the field of China's communication industry, which has hit all foreign brands to pieces, and even now there is a faint tendency to counterattack the foreign market.

HiSilicon, Ma Yun is not familiar with this company, but judging from the title of China's largest chip design company mentioned in the interview, it is obviously not simple.

As for Cisco, it goes without saying.

Ma Yun came to the United States for more than a month, and the name Cisco was often mentioned on TV.

This is one of the fastest-growing companies in the United States in the past ten years, and its potential is not inferior to Microsoft.

Ma Yun never expected that Pang Xuelin was the largest individual shareholder of Cisco.

For this alone, Pang Xuelin is indeed qualified to compete with Bill Gates.

At this time, Bill on the side asked curiously: "Ma, this man seems to be Chinese, do you know him?"

Ma Yun smiled slightly and said, "Of course I do! This is China's Bill Gates!"

...

In fact, when Fortune magazine published this exclusive interview with Pang Xuelin, it quickly caused a sensation in the United States.

Many Americans did not expect that Cisco and Yahoo, one is a network communication equipment company and the other is an Internet company. These two can be said to represent the highest level of the United States in the Internet field, and there is a shadow of a Chinese behind them.

Moreover, this Chinese is still so young!

The media began to report Pang Xuelin's life experience at length.

Media including "New York Times", "Washington Post", "Wall Street Journal" and CNN have all given Pang Xuelin a very high evaluation.

The American media has a natural affinity for capital, especially in the era when the Internet is underdeveloped. Under the appropriate currency policy, capital tycoons like Pang Xuelin can quickly establish a good image among the American people.

Many Americans even regard Pang Xuelin as the Chinese version of Bill Gates.

The wave of public opinion in the United States soon caused a sensation in China on the other side of the ocean.

After seeing relevant news, many Chinese feel like they are daydreaming.

After all, in this era, India’s magical waters of the Ganges River, Japan’s awesome summer camps, the United States’ domineering small passports, and Germany’s conscientious sewers are generally instilled by literati mouthpieces in Chinese people’s perception of foreign countries. Many Chinese people have a serious lack of self-confidence when facing foreigners. feel.

Therefore, when people learned that Pang Xuelin controlled the largest Internet company in the United States and became the largest private shareholder with a market value of more than 100 billion U.S. dollars, almost everyone felt like a dream.

When will the Chinese be able to come up with such a powerful enterprise.

As for companies such as Huawei and HiSilicon, they were automatically ignored in media reports.

Of course, except for a very small number of lemon extracts, most Chinese people feel a sense of pride.

After all, Pang Xuelin is earning money from foreigners, and it is a high-end Internet industry. Thinking about it makes people feel excited.

Even in this storm of public opinion, almost all Chinese people have been educated about the future of the Internet industry, and there are also countless younger generations who are gearing up to enter the Internet industry and replicate Pang Xuelin's success.

Pang Xuelin naturally ignored the disturbance from the outside world.

On March 10, 1996, Yahoo was finally officially listed in the eyes of countless people.

This time Yahoo went public, a total of 30 million tradable shares were split, accounting for 30% of Yahoo's total shares.

The listing price is US$50 per share, equivalent to a valuation of US$5 billion.

But no one expected that 10 minutes after Pang Xuelin rang the bell, Yahoo's stock soared at an unprecedented speed.

An hour later, the stock broke through $70.

Three hours later, it broke through one hundred dollars.

When trading stopped six hours later, the stock broke through $180.

Even Pang Xuelin was a little surprised.

Although the level of development of Yahoo under him has far exceeded that of Yahoo in history, its market value has also exceeded 20 times the market value of Yahoo on the first day of listing in history, which still far exceeds Pang Xuelin's expectations.

According to such a rate of increase, the market value of Yahoo in the future may be far higher than the highest market value of Yahoo in history, much higher.

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