The Science Fiction World of Xueba

Pang Xuelin roughly explained DDR technology and flash memory technology to Xia Peisu and Ni Guangnan.

Xia Peisu and Ni Guangnan looked at each other, and couldn't help but smile wryly.

Compared with Pang Xuelin, they feel that their knowledge structure is far behind the other party.

Of course, by comparison, Ni Guangnan knew Pang Xuelin a little bit, so he didn't seem too surprised.

Xia Peisu showed shock on his face. Pang Xuelin's professionalism in this process far exceeded the level of an ordinary technology company boss, and was no less than those masters and doctors under him. What's more.

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

But now it seems that these rumors may not be exaggerated in the slightest.

The young man's understanding of the entire ICT industry is probably above the level shown in his thesis.

In the following day, on the one hand, Pang Xuelin discussed with Xia Peisu and Ni Guangnan on the development of HiSilicon's postgraduate education, and on the other hand, he started the establishment of the HiSilicon R\u0026D team.

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

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

As for Hu Weiwu, Pang Xuelin will certainly not let it go. He will be an intern at HiSilicon Semiconductor and will officially join HiSilicon after graduating from his Ph.D. in the first half of next year.

...

Two years passed in a flash.

March 1, 1996.

United States, Los Angeles Los Angeles International Airport.

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

Behind him, Liu Qi, president of Transwarp Technology, Ren Zhengfei, president of Huawei, Ni Guangnan, chief engineer of HiSilicon, Li Yinan, vice president of HiSilicon, Sun Yafang, vice president of Huawei, and others followed.

In the past two years, Pang Xuelin has kept a low profile in China.

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

In two years, Pang Xuelin's property also expanded like a balloon.

Huawei has become the leading communication company in China and the overlord in the field of program-controlled switches. Recently, it has begun to enter overseas markets such as Africa, South America, and Russia.

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

The research and development of mobile phones is also proceeding simultaneously. The research and development of new mobile phones based on the Nokia 1100 is progressing smoothly. Although many components still need to be imported from abroad, in the field of core components, HiSilicon is gradually realizing import substitution.

Today, Huawei's valuation has already exceeded 20 billion yuan, and it has gained a lot of fame among domestic private enterprises.

As for Transwarp Technology, in 1994, CVD sales exceeded 5 billion. In 1995, when CVD prices were cut in half, sales exceeded 10 billion.

In the past two years, Transwarp Technology has successively launched a large-scale layout in the field of film and television DVD copyrights, and has reached cooperation agreements with major Hollywood film and television companies one after another by taking advantage of the relationship between Skoop and Don Valentine.

At the beginning of this year, Transwarp Technology launched a new generation of DVD products, and with the cooperation of Skopper, it entered the overseas market simultaneously. Last month alone, Transwarp DVD's sales in the North American market exceeded 50 million in a single month, and it is going strong. It is estimated that the annual sales will exceed one billion US dollars.

In the European and East Asian markets, the growth of Star Ring DVD is also several strong.

At present, Transwarp Technology has become the technology company with the highest valuation in China. According to Pang Xuelin's plan, Transwarp Technology (mainly engaged in DVD and CVD complete sets) will be listed on the Hong Kong stock market within this year.

Goldman Sachs, **** and other investment banks have successively given Transwarp a valuation of more than 100 billion yuan.

And Pang Xuelin, who owns 80% of Transwarp's shares, will undoubtedly be the richest man in China.

It even occupies a place in the list of the world's richest people.

However, perhaps because of Pang Xuelin's relatively low-key performance in the past two years and rarely accepting media interviews, or the rapid rise of Microsoft, Bill Gates has been crowned the world's richest man, and there is not much news about Pang Xuelin in the media.

Only this time, Pang Xuelin was destined to be unable to keep a low profile any longer.

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

This is basically consistent with Yahoo's historical development.

Yahoo in history 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 issuance. The company with the third highest daily growth rate.

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

Both Jerry Yang and Filo have a book value of more than 130 million US dollars, and early investor Softbank made a profit of nearly 200 million US dollars.

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 recorded a profit.

At this point, about 35 percent of Yahoo's traffic share comes from home, with the rest coming from overseas. The company started to explore overseas markets non-stop 10 days after its listing. It and Softbank founded Yahoo Japan with 40% and 60% of the shares respectively. This is the first time for an American Internet company to set up a branch overseas. .

On the one hand, the overseasization strategy can bring more traffic and higher advertising revenue to Yahoo, and 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. In the following years, Yahoo launched its own games, groups, and instant messaging services one after another.

At the beginning of 1999, Yahoo bought the online virtual community GeoCities with a stock value of 3.57 billion U.S. dollars. The latter was the third most trafficked website in the world at that time. Broadcast, an online radio station, had just 570,000 users at the time.

By 2000, the Yahoo empire was valued at $128 billion, and even Buffett's Berkshire Hathaway, which was valued at $108 billion at the time, was outnumbered by the Internet upstart.

It's a pity that since then, the Yahoo empire has begun a process of decline day after day.

After losing Google and Facebook, the two Internet giants, Yahoo began to decline step by step.

In 1998, the two founders of Google contacted Yahoo, hoping to sell PageRank for $1 million, but Yahoo rejected the request of two Stanford doctors. This did not hinder the cooperation between the two companies. The two sides reached an agreement in 2000, and Yahoo adopted Google's search engine.

Two years later, in 2002, Yahoo offered nearly $3 billion to acquire Google, which was ultimately rejected by the latter.

This time, the initiative of the negotiations was in the hands of Brin and Page, who asked 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 it wants to successfully acquire Google, it means that Yahoo will have to bet all of its wealth on this search company whose model is completely different from its own, and that is no longer an acquisition, but more like a merger.

In the end, Yahoo gave up on this thrilling acquisition.

Two years later, Google's successful IPO went public, and Yahoo found itself from a leader in the search market to a faltering laggard and catcher. By 2006, Yahoo's brand advertising growth had halved, and its share of the search-related advertising market had fallen from nearly a third to less than a quarter, while Google had 68 percent of the market.

For Yahoo, the more serious hidden danger than business decline is that Google’s acquisition of YouTube and Facebook’s continuous expansion have caused Yahoo’s online video and social markets to be divided, which directly led to the subsequent tide of content and social media. Yahoo is completely at a disadvantage.

In 2006, Yahoo also saw the huge potential of Facebook. However, due to the embarrassing financial situation, professional manager Semel finally lowered the offer of 1 billion US dollars to 850 million US dollars, which seemed shrewd. Sound financial business decisions ultimately led Zuckerberg to reject Yahoo.

Even Yahoo has tried to acquire YouTube, but in the end, Google got ahead of it with a higher price of 1.65 billion US dollars.

In the next few years, Yahoo, which fell into internal friction among executives and investment failures, slipped into the abyss step by step.

In 2016, Yahoo's voyage finally came to an end. After more than 20 years of wandering, after witnessing the ups and downs of the Internet, this once the most innovative and interesting Internet company in Silicon Valley finally did as everyone expected. It ended sadly on the stage of history by being acquired.

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

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

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

In the past two years, Pang Xuelin has firmly controlled 90% of Yahoo's shares. Coupled with the continuous cash flow of the two companies, Transwarp Technology and Warwick, Pang Xuelin, who is rich and powerful, has nowhere for any capital that covets Yahoo.

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

Among them, the heads of Yahoo search are Li Yanhong, Larry Page and Sergey Brin.

With the addition of these three bigwigs, Yahoo search, which integrated hyperlink analysis technology and rankpage technology, became the most popular search engine among American netizens as soon as it came out.

But Pang Xuelin is also very clear that today's Yahoo has developed to a bottleneck.

Regardless of the overall public opinion environment in American society or the overall national interests of the United States, it is impossible for a Chinese to control Yahoo, which has gradually shown the prospect of an Internet giant.

Therefore, Pang Xuelin must go public through the operation of the company and tie some people to Yahoo's chariot to escort Yahoo's future development.

During this trip to the United States, Pang Xuelin came to ring the bell for Yahoo before its listing on NASDAQ.

"President Pang, welcome to America!"

As soon as Pang Xuelin pulled Mu Qingqing out of the VIP passenger exit, he saw Yang Zhiyuan, Filo, Benson Rafael, Chambers, Morgridge and others welcoming him.

Pang Xuelin smiled. For Chambers, Morgridge's appearance was not surprising.

In the past two years, Pang Xuelin has been increasing his holdings of Cisco's stock, and today he owns 12% of Cisco's shares, making him the largest individual shareholder of Cisco.

Today, Cisco's market value has already exceeded 100 billion U.S. dollars, and Pang Xuelin's assets in Cisco alone exceed 12 billion U.S. dollars.

Not to mention, he also has such well-known companies as Transwarp Technology and Yahoo under him.

For such a capital tycoon, Chambers and Morgridge naturally have to treat it with caution.

Maybe in less than two years, he will become the big boss of Cisco.

"Lao Yang, Fei Luo, Rafael, thank you for your hard work."

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

It is worth mentioning that Benson Rafael, who originally worked for Sequoia Capital's Don Valentine, has now also joined Yahoo as Yahoo's chief financial officer.

Benson Raphael has a very wide network of contacts in the American capital circle. The listing of Yahoo this time is all operated by Benson Raphael.

Then, under the introduction of Yang Zhiyuan and others, Pang Xuelin shook hands with Li Yanhong, Larry Page, Sergey Brin and other Yahoo executives one by one.

After everyone saluted one after another, Pang Xuelin boarded the convoy prepared for them by Benson Raphael and went directly to a manor on the outskirts of Los Angeles.

Six months ago, through Benson Raphael's relationship, Pang Xuelin spent 250 million US dollars to buy this ancient manor, which was built in 1879, and registered it under Mu Qingqing's name.

Here will also become Pang Xuelin's foothold in the United States.

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

Among them are Don Valentine, Bill Gates, Buffett and other bigwigs.

As Native Americans, these people are naturally no strangers to Pang Xuelin who appeared 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 American technology circle.

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

Therefore, everyone happily went to the banquet held by Pang Xuelin.

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