I was born again with 100 million
Chapter 335 Google's Deviated!
Chapter 335 Google's Deviated!
From the time when the NASDAQ bubble started to burst on April 4, to the time when Lin Xiao and Lan Yumo frantically squeezed out the 10 million guarantees, it took only 2 days, not even April.
Because Lin Xiao judged that there would be multiple rounds of long-term large fluctuations in the bursting of the NASDAQ bubble, Lan Yumo also followed this principle to operate, and was going to continue to maintain this principle to close positions and re-open Gather [-] million to prepare for the next round of volatility.
Afterwards, every [-] million meters of gold earned will be transferred back to the account of future investment.
Lin Xiao also agreed with this. On the basis of shorting so many stocks before, it is more reasonable to maintain an operating fund of about [-] million meters.
You can't invest all the money you earn, otherwise the plate will get bigger and bigger, but the risks that come with it will also become bigger and bigger.
On the one hand, when the capital is large, it may have a great impact on specific stocks. On the other hand, it is also very likely to be noticed by others.
Although a fund of [-] million is still a lot now, Lin Xiao knows that at this time, the short-selling funds are definitely more than his own. After all, last year, Soros' Quantum Fund gathered several hundred million meters of gold to try to short a dozen or two of them. Ten Internet stocks, but Nasdaq was really crazy at that time, and the funds were frantically pouring in, so he couldn't short it.
So this time, similar international hot money will definitely enter the market on a large scale, but my side may enter the market earlier and earn a higher proportion.
That's why Lan Yumo said to maintain a [-] million fund operation, and then send it back to the company account every time he earned [-] million. Lin Xiao also agreed.
And Lin Xiao also knows that, in fact, whether it is to gather the [-] million to operate, or to continue to make money later, it is just a matter of one or two weeks.
Because in the following May, the Nasdaq market continued to decline. Although it was not as crazy as the second week of April, it fell all the time.It will not start a new round of volatility until June, and Nasdaq will usher in another wave of big gains.
And now, it is still a down cycle. Except for those technology stocks with better returns that can maintain relative stability, Internet concept stocks will continue to fall.
This undoubtedly has a huge impact on the Internet industry. One of the biggest impacts is that it is difficult to get money.
It is naturally difficult to get money from the stock market, and it is also extremely difficult to get investors' money, because investors realize that the probability of future returns from investing money in this industry is decreasing, while the risk of loss is increasing sharply.
Lin Xiao actually foresaw all these impacts in advance, so he reminded his domestic counterparts at that time not to expand blindly.
And it wasn't until she received a call from Google Page that Lin Xiao realized that all this had actually happened.
Lin Xiao received a call from Page on the morning of May 5st.
"Lin, have you paid attention to Nasdaq recently?" Page said straight to the point after calling.
Lin Xiao was thinking about the purpose of Page's call, and replied, "Yes, Larry, I've paid attention to it, but Google hasn't gone public yet, has it?"
"Google is not listed, but..." Paige paused, and then said: "Unfortunately, the venture capital companies we were talking about before have all suspended negotiations."
Lin Xiao was a little surprised after hearing this.
Google has been negotiating with venture capital recently, and Lin Xiao knows it, because the two parties have previously agreed that Lin Xiao does not want to dilute the equity. If there is a venture capital that wants to invest, Lin Xiao can choose to follow up with additional investment to ensure that he owns Google The shares will not drop.
Page also told him earlier that the negotiation of financing progress was relatively smooth, and the company's valuation has been further improved, jokingly asked Lin Xiao to prepare the money.
Moreover, in the previous life, Google also successfully obtained the investment of two venture capitals, and then survived the cold winter of the Internet, and finally developed slowly.
After thinking about it for a while, Lin Xiao immediately realized that the development of Google has changed with his intervention, and deviated from its previous development route.
In the previous life, Google received investment from two venture capital firms in the autumn of 1999. At that time, it was the hottest stage of the Internet in the United States. The Nasdaq was soaring, and it was relatively easy to get money.
And in this life, because Google took its own 400 million yuan a little earlier, Google was not short of money last year, so it has been delayed until now.
In the current situation of Nasdaq, it is indeed normal for venture capitalists to choose to wait and see first.
After figuring this out, Lin Xiao immediately began to think about what new situation this would bring.
Because Lin Xiao was thinking about these things, she didn't immediately answer Page's words, which made Page's heart skip a beat.
At this time, Page was not the Internet tycoon of the later generations, he was not so calm, and found that Lin Xiao immediately stopped talking after the venture capital suspended investment in Google, and Page's first reaction was that Lin Xiao was not optimistic. Google it.
If that's the case, will my call today be in vain?Paige thought about it, and called out a little nervously:
"Forest?"
"I'm here." Lin Xiao replied, and then asked directly: "What plans do you have now?"
Hearing Lin Xiao's question, Page's uneasiness did not decrease, but his tone remained calm and he said: "We believe that this is a risk but also an opportunity. A group of Internet companies will fail, and who can seize the opportunity?" , it will be able to develop better, so Lin, I would like to invite you to continue investing in Google."
After finishing speaking, Page immediately followed up and said: "Lin, you know about us Google, you know it is the best search engine, it must have a very good future, and the pace of development should not be stopped."
When Paige said these words, his tone did not reveal the slightest uneasiness in his heart, but with some pride. He didn't want Lin Xiao to know their mood at this time.
In fact, Lin Xiao also vaguely guessed the purpose of the other party's call just now, but he didn't care about the other party's tone. After hearing what Page said, he didn't directly agree or refuse, but said: "Your money can still be paid. How long?"
Lin Xiao is really not interested in knowing how many users Google has, because Google is undoubtedly an excellent product, and it doesn't matter how many users it has now, as long as it is given a chance, it can quickly occupy the market.
And how much money Google has is closely related to his next negotiations.
Lin Xiao's words were too straightforward, which made Page's voice stagnate on the other end of the phone, and then he said in a relaxed tone: "I think it's not accurate to use support, we now We have obtained search services from some companies and received some funds, so in fact, there will be no problem with the normal operation of the company."
Fearing that Lin Xiao would think too much, Page immediately said again: "We invite you to invest because we want to speed up the development. We all feel that this will be a good opportunity to occupy the market."
Hearing Page's words, Lin Xiao knew that what the other party said before was probably not true. If nothing else happened, Google should have been relatively tight in terms of funds.
However, Lin Xiao did not directly expose the other party, but deliberately pretended not to know the situation and said: "Larry, everything that is happening in Nasdaq now indicates that the Internet industry will face greater difficulties in the future development. , so my suggestion is that if Google can operate normally now, then wait and see, and don’t rush to expand.”
After finishing speaking, Lin Xiao said to the other party in a rather surprised tone: "Larry, you have always been more rational. It is not wise to rush to use money to expand at this stage."
Page on the other end of the phone was a little speechless after listening. In fact, as Lin Xiao guessed, Google's current financial situation is not very good.
Before getting Lin Xiao’s 400 million yuan last year, there was still a little money in the Google account. This money supported them until October 1999, so Google really used the money invested by Lin Xiao, which was after October last year. It's over.
In the past few months, Google has indeed won the search business of several companies one after another, but such income is not enough to support the operation of Google, and the 400 million yuan has actually burned a lot.
According to the estimates of the two of them, the money can probably last until the beginning of June, which is why they started negotiations with venture capital before.
If the original plan goes well, we will be able to get the venture capital money in mid-May, so that the development of the company will not be affected at all.
But who would have thought that at this time, the Nasdaq plummeted, and the venture capital was stranded.
In the past ten days, Page and others have been communicating with the venture capital company, but in the end they failed to negotiate. Instead, as Nasdaq continued to fall, the negotiation collapsed.
To make matters worse, two of the companies that cooperate with Google are not optimistic at the moment, and may go bankrupt at any time, and it may be unknown whether the service will be terminated next.
Because of this, Page decided not to invest in the venture capital side, and when he turned around, he immediately came to Lin Xiao.
But they had seen Lin Xiao's shrewdness before, so they were also worried that if they approached Lin Xiao rashly, they would be killed too hard by Lin Xiao's price.
So, I made up such a reason and wanted to try Lin Xiao's tone first.
Unexpectedly, Lin Xiao didn't answer at all, instead he advised himself not to expand blindly, which is actually no different from rejecting him directly.
At this moment, Page still tried to persuade Lin Xiao with the previous reason, and continued: "We just think this is a good opportunity."
"Yes, this is a good opportunity, but the premise is that the company must survive first." Lin Xiao's words meant something, and at the same time, he said with a bit of disinterest:
"Peppa, this is my suggestion, if there is nothing..."
When Larry Page heard what Lin Xiao seemed to be about to hang up, he quickly said, "Wait, Lin!"
"Actually..." Gritting his teeth, Larry Page finally chose to tell the truth.
"In fact, Google needs financing now, because it really wants to survive better, because if the Internet industry develops like this, the company's business may be affected."
At this time, Lin Xiao said with some displeasure, "Larry, we need sincerity!"
"Yes, Lin." Larry Page responded with a little embarrassment, "I apologize for my insincerity just now."
Then he said, "However, we sincerely invite you to invest, so Lin..."
"Come to Huaxia!" Lin Xiao still neither agreed nor refused.
After speaking, Lin Xiao hung up the phone.
On the one hand, this is to give Larry Page a little bit of face, and tell the other party that since you are sincere and want to attract investment, then come to China to show your sincerity.
On the other hand, Lin Xiao also needs some time to think about whether he can get more from Google in this wave of wool.
(End of this chapter)
From the time when the NASDAQ bubble started to burst on April 4, to the time when Lin Xiao and Lan Yumo frantically squeezed out the 10 million guarantees, it took only 2 days, not even April.
Because Lin Xiao judged that there would be multiple rounds of long-term large fluctuations in the bursting of the NASDAQ bubble, Lan Yumo also followed this principle to operate, and was going to continue to maintain this principle to close positions and re-open Gather [-] million to prepare for the next round of volatility.
Afterwards, every [-] million meters of gold earned will be transferred back to the account of future investment.
Lin Xiao also agreed with this. On the basis of shorting so many stocks before, it is more reasonable to maintain an operating fund of about [-] million meters.
You can't invest all the money you earn, otherwise the plate will get bigger and bigger, but the risks that come with it will also become bigger and bigger.
On the one hand, when the capital is large, it may have a great impact on specific stocks. On the other hand, it is also very likely to be noticed by others.
Although a fund of [-] million is still a lot now, Lin Xiao knows that at this time, the short-selling funds are definitely more than his own. After all, last year, Soros' Quantum Fund gathered several hundred million meters of gold to try to short a dozen or two of them. Ten Internet stocks, but Nasdaq was really crazy at that time, and the funds were frantically pouring in, so he couldn't short it.
So this time, similar international hot money will definitely enter the market on a large scale, but my side may enter the market earlier and earn a higher proportion.
That's why Lan Yumo said to maintain a [-] million fund operation, and then send it back to the company account every time he earned [-] million. Lin Xiao also agreed.
And Lin Xiao also knows that, in fact, whether it is to gather the [-] million to operate, or to continue to make money later, it is just a matter of one or two weeks.
Because in the following May, the Nasdaq market continued to decline. Although it was not as crazy as the second week of April, it fell all the time.It will not start a new round of volatility until June, and Nasdaq will usher in another wave of big gains.
And now, it is still a down cycle. Except for those technology stocks with better returns that can maintain relative stability, Internet concept stocks will continue to fall.
This undoubtedly has a huge impact on the Internet industry. One of the biggest impacts is that it is difficult to get money.
It is naturally difficult to get money from the stock market, and it is also extremely difficult to get investors' money, because investors realize that the probability of future returns from investing money in this industry is decreasing, while the risk of loss is increasing sharply.
Lin Xiao actually foresaw all these impacts in advance, so he reminded his domestic counterparts at that time not to expand blindly.
And it wasn't until she received a call from Google Page that Lin Xiao realized that all this had actually happened.
Lin Xiao received a call from Page on the morning of May 5st.
"Lin, have you paid attention to Nasdaq recently?" Page said straight to the point after calling.
Lin Xiao was thinking about the purpose of Page's call, and replied, "Yes, Larry, I've paid attention to it, but Google hasn't gone public yet, has it?"
"Google is not listed, but..." Paige paused, and then said: "Unfortunately, the venture capital companies we were talking about before have all suspended negotiations."
Lin Xiao was a little surprised after hearing this.
Google has been negotiating with venture capital recently, and Lin Xiao knows it, because the two parties have previously agreed that Lin Xiao does not want to dilute the equity. If there is a venture capital that wants to invest, Lin Xiao can choose to follow up with additional investment to ensure that he owns Google The shares will not drop.
Page also told him earlier that the negotiation of financing progress was relatively smooth, and the company's valuation has been further improved, jokingly asked Lin Xiao to prepare the money.
Moreover, in the previous life, Google also successfully obtained the investment of two venture capitals, and then survived the cold winter of the Internet, and finally developed slowly.
After thinking about it for a while, Lin Xiao immediately realized that the development of Google has changed with his intervention, and deviated from its previous development route.
In the previous life, Google received investment from two venture capital firms in the autumn of 1999. At that time, it was the hottest stage of the Internet in the United States. The Nasdaq was soaring, and it was relatively easy to get money.
And in this life, because Google took its own 400 million yuan a little earlier, Google was not short of money last year, so it has been delayed until now.
In the current situation of Nasdaq, it is indeed normal for venture capitalists to choose to wait and see first.
After figuring this out, Lin Xiao immediately began to think about what new situation this would bring.
Because Lin Xiao was thinking about these things, she didn't immediately answer Page's words, which made Page's heart skip a beat.
At this time, Page was not the Internet tycoon of the later generations, he was not so calm, and found that Lin Xiao immediately stopped talking after the venture capital suspended investment in Google, and Page's first reaction was that Lin Xiao was not optimistic. Google it.
If that's the case, will my call today be in vain?Paige thought about it, and called out a little nervously:
"Forest?"
"I'm here." Lin Xiao replied, and then asked directly: "What plans do you have now?"
Hearing Lin Xiao's question, Page's uneasiness did not decrease, but his tone remained calm and he said: "We believe that this is a risk but also an opportunity. A group of Internet companies will fail, and who can seize the opportunity?" , it will be able to develop better, so Lin, I would like to invite you to continue investing in Google."
After finishing speaking, Page immediately followed up and said: "Lin, you know about us Google, you know it is the best search engine, it must have a very good future, and the pace of development should not be stopped."
When Paige said these words, his tone did not reveal the slightest uneasiness in his heart, but with some pride. He didn't want Lin Xiao to know their mood at this time.
In fact, Lin Xiao also vaguely guessed the purpose of the other party's call just now, but he didn't care about the other party's tone. After hearing what Page said, he didn't directly agree or refuse, but said: "Your money can still be paid. How long?"
Lin Xiao is really not interested in knowing how many users Google has, because Google is undoubtedly an excellent product, and it doesn't matter how many users it has now, as long as it is given a chance, it can quickly occupy the market.
And how much money Google has is closely related to his next negotiations.
Lin Xiao's words were too straightforward, which made Page's voice stagnate on the other end of the phone, and then he said in a relaxed tone: "I think it's not accurate to use support, we now We have obtained search services from some companies and received some funds, so in fact, there will be no problem with the normal operation of the company."
Fearing that Lin Xiao would think too much, Page immediately said again: "We invite you to invest because we want to speed up the development. We all feel that this will be a good opportunity to occupy the market."
Hearing Page's words, Lin Xiao knew that what the other party said before was probably not true. If nothing else happened, Google should have been relatively tight in terms of funds.
However, Lin Xiao did not directly expose the other party, but deliberately pretended not to know the situation and said: "Larry, everything that is happening in Nasdaq now indicates that the Internet industry will face greater difficulties in the future development. , so my suggestion is that if Google can operate normally now, then wait and see, and don’t rush to expand.”
After finishing speaking, Lin Xiao said to the other party in a rather surprised tone: "Larry, you have always been more rational. It is not wise to rush to use money to expand at this stage."
Page on the other end of the phone was a little speechless after listening. In fact, as Lin Xiao guessed, Google's current financial situation is not very good.
Before getting Lin Xiao’s 400 million yuan last year, there was still a little money in the Google account. This money supported them until October 1999, so Google really used the money invested by Lin Xiao, which was after October last year. It's over.
In the past few months, Google has indeed won the search business of several companies one after another, but such income is not enough to support the operation of Google, and the 400 million yuan has actually burned a lot.
According to the estimates of the two of them, the money can probably last until the beginning of June, which is why they started negotiations with venture capital before.
If the original plan goes well, we will be able to get the venture capital money in mid-May, so that the development of the company will not be affected at all.
But who would have thought that at this time, the Nasdaq plummeted, and the venture capital was stranded.
In the past ten days, Page and others have been communicating with the venture capital company, but in the end they failed to negotiate. Instead, as Nasdaq continued to fall, the negotiation collapsed.
To make matters worse, two of the companies that cooperate with Google are not optimistic at the moment, and may go bankrupt at any time, and it may be unknown whether the service will be terminated next.
Because of this, Page decided not to invest in the venture capital side, and when he turned around, he immediately came to Lin Xiao.
But they had seen Lin Xiao's shrewdness before, so they were also worried that if they approached Lin Xiao rashly, they would be killed too hard by Lin Xiao's price.
So, I made up such a reason and wanted to try Lin Xiao's tone first.
Unexpectedly, Lin Xiao didn't answer at all, instead he advised himself not to expand blindly, which is actually no different from rejecting him directly.
At this moment, Page still tried to persuade Lin Xiao with the previous reason, and continued: "We just think this is a good opportunity."
"Yes, this is a good opportunity, but the premise is that the company must survive first." Lin Xiao's words meant something, and at the same time, he said with a bit of disinterest:
"Peppa, this is my suggestion, if there is nothing..."
When Larry Page heard what Lin Xiao seemed to be about to hang up, he quickly said, "Wait, Lin!"
"Actually..." Gritting his teeth, Larry Page finally chose to tell the truth.
"In fact, Google needs financing now, because it really wants to survive better, because if the Internet industry develops like this, the company's business may be affected."
At this time, Lin Xiao said with some displeasure, "Larry, we need sincerity!"
"Yes, Lin." Larry Page responded with a little embarrassment, "I apologize for my insincerity just now."
Then he said, "However, we sincerely invite you to invest, so Lin..."
"Come to Huaxia!" Lin Xiao still neither agreed nor refused.
After speaking, Lin Xiao hung up the phone.
On the one hand, this is to give Larry Page a little bit of face, and tell the other party that since you are sincere and want to attract investment, then come to China to show your sincerity.
On the other hand, Lin Xiao also needs some time to think about whether he can get more from Google in this wave of wool.
(End of this chapter)
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