The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

"Proton Fund has suffered serious losses, and the other party has closed several of its subsidiaries. Currently, only the main body is in semi-operation."

"As for others, they are not so lucky. According to statistics, Wall Street has ushered in a new wave of bankruptcies in the past two months, and many small and medium-sized hedge funds have closed down."

Speaking of this, Robert was also filled with emotion:

"Greed is the original sin. Fortunately, we were not impulsive at the time."

At this time, Robert was enjoying great success. He took the lead in shorting the Four Little Tigers and Han Guo, which brought Cayman Capital's reputation in the investment community to a new peak.

Although Proton Fund stole a lot of exposure, Cayman Capital undoubtedly had the last laugh.

Even though there is no public financial report, judging from the scale of Cayman Capital’s recent expansion, it is enough to be on par with the five major investment banks in the beautiful country.

It is worth mentioning that currently the fifth largest investment bank in the United States is Bear Stearns, and the fourth largest investment bank is Lehman Brothers!

After hearing Robert's report, Wang Lei nodded.

"By the way, boss, when will we let Amazon and Yahoo launch their IPOs?"

"I almost forgot if you didn't tell me. The sooner the better."

Because Cayman Capital initiated short selling on the Four Little Tigers of Dongzhou in advance, Yahoo, which originally planned to go public last year, postponed the listing.

Even Amazon is in a wait-and-see mode.

The popularity of the beautiful country's Internet market has not been greatly affected by the financial crisis in Dongzhou.

Many capitals fleeing Dongzhou are chasing Internet companies with US dollar bills.

"Although Yahoo and Amazon have not yet gone public, there are many investors who are optimistic about them. Boss, I think they will create the miracle of Netscape!"

Wang Lei smiled after hearing this:

"That's for sure, their future is limitless."

When Yahoo went public, its market value was less than US$10 billion. But just a few years later, Yahoo's market value increased to US$1000 billion!

Although it was not the most powerful when it was launched, its growth is undoubtedly the most ferocious.

Amazon is an evergreen stock, although its stock price only rose fivefold by 2000.

Although during the dot-com bubble, its stock price fell 94% at one time, and the stock price was hovering at $5.97.

But after the Internet bubble, the stock price rose all the way, which was 2368 times the price at the time of public offering!

After confirming the listing of two Internet companies.

Not long after, Wang Lei received a personal call from Yahoo founder Yang Zhicheng.

"Shitou, you should be finished with all the things at home."

"It's over." Wang Lei asked knowingly, "Zhicheng, are you happy?"

"Haha, my buddy's company plans to officially list on Nasdaq in a week!"

"Congratulations, congratulations, you and Philo (the other founder of Yahoo) have finally succeeded after all their hard work."

When the two started their business, they had been using Stanford's campus network. The two of them were crowded in an abandoned school bus, and the business environment was very harsh.

Because I have always insisted on using manual editing of search results, the work is complicated and frustrating.

If it weren’t for entrepreneurial passion, it’s hard to imagine how they would have persisted.

However, their business soon ushered in a turn for the better, and they obtained the entrepreneurial fund founded by Wang Lei at Stanford.

Through this entrepreneurial fund, Wang Lei only spent 100 million US dollars to obtain 20% of their shares.

After they had money, they moved to an office building off campus and recruited employees, which led to the experience of being picked up by Cayman Capital.

"Congratulations to me, aren't you also a major shareholder of Yahoo? Hurry up and make peace with us, man, don't miss the opportunity to ring the bell."

"Forget it about ringing the bell, but I will definitely go and take a look."

Yang Zhicheng is indeed happy. Although the listing has been delayed for one year, they are favored by the capital market, and the latest valuation has reached a market value of US$30 billion.

Not long ago, Sakurajima native Sun Zheng even offered a deal of US$5 million in exchange for 15% of the shares.

The other party also promised to help Yahoo open Sakura Island's Internet market and enter Dongzhou.

However, these two seemingly generous conditions did not attract Yang Zhicheng and Ferro at this time.

The reason is that Wang Lei told him that Yahoo's shares will be very valuable in the future, very valuable.

If he wants to sell stocks, Wang Lei's opinion must be given priority.

Wang Lei also made the same promise to him and would help him open up the market in Dongzhou. It would not be a big problem to establish a Sakura Yahoo branch.

Seeing that Yang Zhicheng was unmoved, Sun Zheng threatened:

"If I can't invest in Yahoo, I'll use the money to invest in Yahoo's competitors!"

Yang Zhicheng is indeed a bit defensive, but perhaps because of Wang Lei, a plutocrat friend, he does not feel afraid at this time.

"Sir, before I got the first round of investment from Cayman Capital, AOL (well, that's America Online) threatened Filo and I in the same tone. Now 2 years have passed, and Yahoo has lost its position as a search engine. Still No. [-] in market share!”

"Before threatening, I hope you can see clearly that I am relying on Cayman Capital, White Dragon Consortium and Netscape Internet Matrix. Compared with these giants, your threat is more like a provocation!"

Sun Zhengyi was shocked. He did not expect that Yang Zhicheng would move out of these three mountains.

Seeing that coercion and inducement failed, he could only leave in anger.

Thinking of this, he smiled towards the phone and said:

"Okay, you're here. Filo and I will pick you up."

"By the way, Stone, if I want to transform into a portal, will you support me?"

There was obvious hesitation on the other end of the phone, and Yahoo still followed the old path of portals.

Thanks to the promotion of Netscape Navigation website, Yahoo already has a large number of users, but its advertising monetization ability can only be said to be average.

With a portal, you can make money by placing ads just like Netscape.

The fundamental reason is that Yang Zhicheng is not optimistic about the basic business of search engines, and they want to transform into a media company.

Yahoo's search engine is still very primitive, although the human editing of terms makes them look smart compared to their peers.

But once a truly intelligent search engine appears on the market, it will immediately fail.

The emergence of Google proved that Yahoo made a big mistake in giving up its investment in search engines.

From a God's perspective, Yang Zhicheng's choice was undoubtedly wrong, but Wang Lei had no intention of stopping him.

It is said that hard work is not worth the effort. The transformation to a portal website may be the fundamental reason for the rapid rise of Yahoo's stock price.

If he intervenes forcefully, it may lead Yahoo to the other extreme.

"Zhicheng, just go ahead and do whatever you want."

Hearing this, Yang Zhicheng breathed a sigh of relief. He thought Wang Lei had some objections after hesitating for so long.

Cayman Capital is very powerful, and only with Wang Lei's support can he and Ferro have the final say.