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

In fact, as early as May this year, Wang Lei and others were secretly clearing shares of Technology Internet.

Financial markets are a fast game.

By October, Wang Lei's shares in major Internet listed companies had dropped to the lowest point.

As for why they didn't clear them all, it was because they didn't want to offend anyone.

So he planned to have a private chat with the founders.

Clark was the first to arrive angrily.

Clark's identity is now different from what it used to be. With people's pursuit, Netscape's market value has exceeded the $1500 billion mark.

As a founder, he has naturally become a frequent visitor to Forbes’ top [-].

Netscape, with its website navigation, has become a banner of listed Internet companies and has a leading position among Internet companies.

Wang Lei has been selling Netscape stock, so he naturally knows it.

The expansion of Wang and Bailong requires a lot of money, and selling stocks in exchange for funds is a common operation of capital.

But Wang Lei's choice to clear the warehouse is beyond his understanding.

He wanted to know clearly what made Wang Lei make such a decision.

Wang Lei's liquidation will trigger a series of chain reactions, and it is possible that Netscape's stock price will collapse, not to mention that he will lose an ally on the board of directors.

"Lei, why?"

The two of them have never known each other before, but now their relationship in private is even stronger than that of Yang Zhicheng. Clark is one of the few friends that Wang Lei can hang out with.

So Wang Lei said bluntly:

"Microsoft is very likely to be sanctioned because of its monopoly."

"What does this have to do with Netscape? Our secret project, the operating system, has matured. Microsoft's sanctions are a good opportunity for us to rise again..."

Wang Lei interrupted his self-pleasure and said:

"Clark, wake up, the Internet bubble is big enough!"

Clark was stunned for a moment when he heard the roar. He thought of something and said:

"Are you still insisting on your bubble theory?"

"Didn't we verify that the Y[-]K bug would not have a big impact on Netscape?"

Wang Lei smiled and said:

"I don't want to argue with you on this point. As a friend, I will give you a piece of advice: cash out when the price is high, or you can raise funds to buy out my shares."

Seeing that Wang Lei had made up his mind, Clark was not confident enough that he could shake the will of a plutocrat, so he decided:

"Give me some time and I will take over the last 5% of your shares."

After saying that, Clark hurriedly left.

Netscape was built by him bit by bit. As a founder, it was impossible for him to separate from Netscape.

He almost bumped into Yang Zhicheng, who had an equally anxious look on his face.

The two just nodded and said hello, and Clark left in a hurry. Yang Zhicheng had no intention of chatting with him and walked straight into Wang Lei's living room.

"Zhicheng, sit down quickly and have a drink with me. That guy Clark is so boring."

When things came to a close, how could Yang Zhicheng still be in the mood to drink.

Now is the time when Yahoo is at its peak, and its market value has officially exceeded the $1000 billion mark.

But his die-hard financial backer said he was done with it and wanted to sell all his stocks.

As a result, Yang Zhili immediately rushed over from another popular drinking party.

"Boss, are you serious?"

"Seriously, Zhicheng, you have two choices. One is to sell all Yahoo shares like me, and the other is to take over the existing shares in my hands."

Yang Zhicheng heard that he could not refuse. Now that Yahoo is so popular, how could he be willing to quit?

What's more, Yahoo is now also a major Internet company and is actively playing the role of an investor. It feels very enjoyable to be a big brother. Only then does he realize the fun of being a big brother. How could he quit so easily?

No one can get him out of Yahoo.

Even if this person is Wang Lei, his biggest financial backer.

The answer is of course self-evident.

"Zhicheng, you have an indecisive personality..."

Looking at Yang Zhicheng leaving, Wang Lei knew that people would change, and he didn't know when this person would no longer listen to his advice.

It was hard to persuade the damn ghost with good words, so Wang Lei had no choice but to give up.

What left Clark and Yang Zhicheng speechless was that Cayman Capital also sold shares in their company one after another.

Cayman Capital, which once heavily invested in the Internet, is also quietly clearing its positions.

Some large foreign institutions have gradually become the takeovers of the beautiful Chinese Internet.

The two founders vaguely sensed that something big was about to happen.

……

Although Robert and the Wang Group were given a month.

However, Microsoft's stock still fell slightly.

Obviously, people did not notice that the capital that got the news in advance was withdrawing in advance.

One month later, major television networks in the United States suddenly suspended all entertainment programs and reported the verdict announced at 6:30 pm on Friday as breaking news.

A federal court issued a decisive ruling on Microsoft's business practices:

Microsoft is guilty!

Investors investing in Microsoft experienced the saddest weekend in 90.

An expert jumped out at an inappropriate time and said:

"Next Monday will be a disaster for Microsoft's stock price, and we will adjust the buy rating on the stock appropriately."

This kind of evaluation is actually too conservative. People still don't realize that the water in the hot pot is already on the verge of boiling.

Sure enough, on Monday, Microsoft's stock price only fell further and did not collapse.

And Wang Lei and Robert began to liquidate shares in other companies.

The first to bear the brunt is AOL, with Wang Group and Cayman Capital each holding 6% of its shares.

The reason why they waited until November to start thinking about selling was that AOL proactively contacted Time Warner, and there were constant rumors in the market that the two large companies were going to merge.

Once the merger of the two companies is successful, the total market value of "AOL-Time Warner" will reach 3500 billion US dollars!

"The merger of the century", "the biggest initiative in history"...

The continuous good news has caused AOL's stock price to reach an unprecedented peak.

Robert was a little reluctant to sell his shares in AOL.

"Boss, is it so difficult that we can't wait two more days before selling?"

"AOL is already terminally ill. Not long ago, I asked you to acquire AT&T Broadband Network. That was the last straw for AOL."

The fall of giants is often due to failure to keep up with the times. It has been said before that AOL's core business is dial-up Internet access.

The Internet speed of broadband network is several times faster than the DSL high-speed Internet service launched by AOL. There is nothing outstanding about DSL technology.

After the merger, Time Warner shareholders quickly discovered that they had acquired a large parallel import.

AOL stopped pretending. In the first year of the merger, it lost US$542.2 billion, setting a record for the highest quarterly loss in the history of the United States.

In the second year, the loss reached US$987 billion, and the market value evaporated by nearly US$1000 billion!