Silicon Valley
Chapter 304 $130 billion in hand
The stock price of Internet concept stocks has plummeted, and many experts and professors have come forward to say that the stock price plummet is only temporary. The main reason is because of the Williams Internet antitrust case. !
Many investment institutions said: "The global Internet is in the ascendant, and the stock price will rise again!"
When ordinary shareholders heard the analysis of professionals, they regained their confidence.
However, many people are stunned by the super high stock price and market value, and they all think that the stock price of the Internet concept will still rise. However, Henry was the only one who remained calm. He was already thinking about how to get out of the stock market without attracting the attention of others!
At this juncture, Henry did not dare to cash in stocks for the time being.
Perhaps, when the antitrust investigation case is over, it's time to act!
He is currently sending someone to contact AOL to sell his GOL shares to it first. Delays change, and Henry is not sure what the consequences will be if the investigation of the antitrust case is delayed for a long time. Now, the stock prices of Nicholas International E-Commerce, Global Online, Isearch, icq, etc. are all falling. Once investors lose confidence in Internet concept stocks, they will sell stocks aggressively. Then, an "avalanche" will be triggered at any time!
AOL has a huge business. It is not a simple portal website. It is an ips Internet dial-up service provider. Its business scope also involves portal websites, instant messaging, e-commerce, search, browsers, etc. Almost the entire Internet industry has a foot in it. , but the market share is low and the influence is not large enough. But even so, the Internet concept stocks are hot, and AOL has benefited from it, with a total market value of more than 150 billion US dollars!
When Henry expressed to it that he wanted to sell Global Online, AOL immediately expressed interest.
AOL then negotiated with Henry's representatives while preparing to raise money.
The gold masters behind AOL are Sequoia Capital, Morgan, and Citi. Goldman Sachs and other venture capital firms or banks are backing, as long as Henry agrees to sell Global Online to it, AOL will buy it no matter what.
If AOL buys Global Online. It plays an extremely important role in the overall layout and strategic development of the company. Buying Global Online will revitalize all AOL businesses, whether it is e-commerce or search. Instant Messaging, or something else, leverage the power of global online to expand your market share!
Therefore, AOL is a must-win for Global Online!
Therefore, although Henry offered a price of more than 100 billion US dollars. AOL had to bite the bullet and buy!
Global Online Headquarters.
meeting room.
Across from Henry sat AOL founder and CEO Steve Case and Citi. More than twenty representatives from Morgan, Goldman Sachs, KPCB, Sequoia Capital, etc.
After several rounds of negotiations, the two sides have basically reached an agreement: Henry sells a total of 67.5% of the global online shares, of which Citi, Morgan and other banks will provide AOL with loan funds worth 100 billion US dollars to acquire 50% of the shares , the remaining 17.5% of the shares will be divided up by other investment institutions!
Henry was quite satisfied with the result. Sell the global online company, you can get 130 billion US dollars! With so much money, he can do a lot of things.
"Mr. Williams, we can sign this time!" Steve Case laughed. Global Online is a sweet treat, and a lot of companies want to buy it, so is Microsoft, so Steve Case is a little impatient and wants to sign the contract as soon as possible.
In fact, Henry is not going to sell Global Online to Microsoft. Microsoft has a monopoly on the operating system. Wouldn't it be even more powerful if we handed over the global online to it? ! AOL is different, its strength is not as strong as Henry, so there is no need to be afraid of it.
America Online's acquisition of Global Online is at most like China's Sina Weibo, far less than China's three bat giants! What's more, Henry also plans to let icq company build weibo, and then fight against Twitter! Twitter went live, but it didn't take long. icq can rely on many users to occupy the market!
And Isearch has opened a website search homepage, so there is no need for netizens to enter the portal website to search for things, which is equivalent to stealing the traffic of the portal website. If Isearch gets an Internet navigation similar to hao123, it will simply abuse the portal website!
To be honest, with the development of the Internet, portal websites are becoming less and less important, e-commerce, search, and social networking sites are the most important!
"Okay, you can sign the contract now!" The corner of Henry's mouth rose slightly, and a smile appeared.
As soon as Henry's voice fell, Steve Case was relieved. He had already prepared the contract, and immediately had it handed over to Henry's negotiating team to issue a copy.
Henry's legal team carefully analyzed the contract, and finally nodded to Henry, saying that there was no problem, and Henry signed the contract.
America Online acquired GOL as it wished, and Henry got $130 billion!
A press conference was held on the same day to announce the matter to the outside world.
The sky-high price of US$130 billion immediately shocked the world. Subsequently, AOL's share price surged. Within a week, the total market value rose to US$300 billion, making it the second largest company in market value after Cisco! Cisco's market value has now risen to 350 billion US dollars.
Internet concept stocks are hot, countless people invest in Internet construction, network equipment sales have increased significantly, and Cisco's market value has also increased greatly!
Now, AOL's stock price has skyrocketed, like a stimulant to the current stock market, and the stock price of Internet stocks rebounded immediately, and the growth momentum is very strong. Naturally, after the stimulants wear off, they weaken and eventually the dotcom bubble bursts!
Most of the Internet industry follows the Matthew effect, that is, the stronger the stronger, the weaker the weak, and it is also the industry that is most likely to form a monopoly. The success of global online portals has made many people see the advertising profit model of cashing out traffic. In order to occupy the market, most Internet companies have spared no expense to exchange huge losses for users. There is no profit model and no profit plan. In the end, except for a few In addition to the success of the company, the vast majority will fail!
After AOL acquired Global Online, it terminated its cooperation with Isearch and chose to use its own AOL search.
Therefore, Isearch now does not constitute a monopoly at all, and the antitrust investigation against Isearch will soon end.
Henry sold Global Online to AOL, just like Intel in the previous life supported AMD and Microsoft helped Apple to tide over the difficulties, cultivate a much weaker opponent than himself, so as to avoid the antitrust investigation in the United States!
Soon after, AOL completed the integration of resources, and its strength in e-commerce, search, instant messaging, etc. has been enhanced, making it one of the Internet giants.
Therefore, under the influence of many aspects, the Williams Network's monopoly case finally died down!
(PS: I’ve been busy these two days. The number of updated words is only four or five thousand words. I will update a little more tomorrow. In addition, there is another chapter at 11:30 tonight!)
(To be continued ~^~)
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