giants of the era

Chapter 315 Loss of $1000 Billion

Just when Li Zetian was working on developing the WWW World Wide Web, Oracle's listing plan was in full swing!

Oracle's total sales last year reached 30 billion U.S. dollars. With the further popularization of computers and networks, future sales will further increase. Wall Street investors are optimistic about the development of Oracle. Since Oracle announced its listing plan, , Many companies came to the door, wanting to become the lead underwriter.

By convention, Wells Fargo is naturally one of them.In addition, this time also joined the umbrella insurance company.

With the full support of Li Zetian, Umbrella Insurance Company has developed rapidly and has a considerable scale, and is already qualified to act as the lead underwriter for Oracle's IPO.

On May 1987, 5, Oracle was officially listed on the market, and Li Zetian went to Nasdaq again to ring the bell.

In this IPO, Oracle issued a total of 1 million shares, accounting for 20% of the total share capital, at an issue price of US$12 per share, ie a pre-listing valuation of US$60 billion.

On the day of its listing, Oracle's stock price skyrocketed to $18.6 before the close, and Oracle's market value was $93 billion.

"The market value of technology stocks is so high!!!"

"Looking at the situation, the market value of Oracle Corporation must exceed 100 billion U.S. dollars. How did Chronos Li think of investing in this company in the first place? It's simply too discerning!"

"..."

After seeing the listing of Oracle Corporation, people were shocked, and they were full of admiration for Li Zetian's investment vision.

The Wall Street Journal couldn't help describing Li Zetian in this way: "At present, any genius in the investment world is eclipsed in front of Chronos Li, and he is the real king of investment!"

The "Los Angeles Times" even reported in detail how Li Zetian invested in Oracle at the beginning. He only spent a few million dollars and got a return of [-] times.

One successful case after another happened to Li Zetian. This is not luck, but strength.Nowadays, many people regard Li Zetian as "the bellwether of the investment industry", but he can't be wrong in the direction of his investment.

Li Zetian didn't stay in New York for long, and soon returned to Los Angeles to devote himself to work.

For him, the listing of enterprises has become a common occurrence, and it is no big deal.

A month later, Li Zetian and Sun Microsystems made arduous efforts and finally developed the WWW World Wide Web.

When the project was completed, laughter erupted in the office.

A smile appeared on Li Zetian's slightly tired face, and he whispered to Dr. Jim Clark, the CEO of the company standing beside him: "This WWW World Wide Web is the first version, and it is not perfect yet. We can publish it first." Go online, let everyone download it for free, then collect feedback from users, and then make revisions and improvements.”

"Yeah." Jim Clark nodded and said with a smile: "This is a good way, let everyone help us find the BUG!"

Li Zetian thought for a while, and then said: "Also, we'd better hold a press conference and focus on announcing the WWW World Wide Web. On the one hand, it will play a role in publicity, and on the other hand, it will help establish standards!!!"

"Okay, I understand that!" said Jim Clark.

"Dr. Jim Clark, I leave the WWW to you!"

"Mr. Li, don't worry, I will promote the development of WWW as soon as possible. When more people use it, our web server will be able to make money!"

"Ah."

Li Zetian left immediately and went to Clay's laboratory.

Last time, Li Zetian proposed the combination of supercomputers and artificial intelligence. Now, Evolution Robotics has sent people to Clay Labs to collaborate.Li Zetian himself is also a leader in the field of artificial intelligence research and development, and he is very interested in artificial intelligence playing against the world chess champion.Therefore, he has been involved in the development of WWW and artificial intelligence projects.

Now that WWW is developed, he can devote all his energy to developing artificial intelligence.

WWW is a development without difficulty, but artificial intelligence is a big challenge, especially the computing speed of current supercomputers is not satisfactory.

Clay's lab.

Li Zetian looked at the crowd and said in a deep voice, "It will take two years for us to develop an artificial intelligence that can play chess! I know that it will be extremely difficult for artificial intelligence to defeat the world champion. But the more challenging things are, the more fulfilling they are! Do you have confidence?!"

Everyone was united, and they responded in unison: "Yes!!!"

"Okay, everyone keep working!"

……

……

In early June, Sun Microsystems held a press conference.

The press conference was full of voices and no seats were occupied.

"Oracle has just gone public and caused quite a stir. Sun Microsystems held another press conference. Isn't it another shocking thing?"

"It's very possible! I heard that Chronos Li has been working at Sun Microsystems for several months and may be secretly developing something? However, it should be revealed today!"

"Oh!"

For this conference, Sun Microsystems invited a large number of schools, enterprises, and research institutions. After the conference started, Jim Clark recommended WWW to them in a concise manner.

After hearing this, everyone was shocked.

"Everyone, please look at the big screen. This is the official website of Sun Microsystems, which we made using the World Wide Web!"

There is a web page on the screen with Sun Microsystems' introduction, products, communication comment area and related news.

Although simple, it shocked everyone in the audience.

"This is the World Wide Web, so interesting and practical."

"The content is all on one page, just like a book!"

Seeing everyone's excited reaction, Jim Clark said with a smile: "No matter where you are, as long as your computer is connected to ARPANet, NSFNet and SprintNet, you can log in to the website and browse information through the Internet, which is very convenient. Everyone has also seen , There is also an exchange comment area on the web page, you can leave us a message, we will try our best to reply to everyone!

Of course, people also started using the World Wide Web and developing their own websites.To tell everyone a good news, Chronos Li said that in order to promote the development of the network and promote the exchange of information, he is willing to make the World Wide Web free forever! "

what? !

Forever free? !
When people heard that the World Wide Web was completely free, they were all surprised and thought they heard it wrong.

A middle-aged man seated nearer the front of the stage couldn't help asking loudly: "Mr. Jim Clark, is the World Wide Web really free forever?"

"Yes, forever free!" Jim Clark nodded and smiled.

Hearing the positive answer, everyone in the audience was excited.

Although they don't realize the value of the World Wide Web, they do know that it is very good, and they can use it themselves. It is a very good network product.

After the press conference, many people stayed and asked Sun Microsystems to learn more about the World Wide Web.

A month passed, and the promotion of the World Wide Web went smoothly.

Many universities, businesses, and institutions around the world use the World Wide Web.

According to statistics from global domain name agency companies, more than 100 domain names have been applied for this month.

At the same time, some bugs appeared on the World Wide Web, but since the product is free, it is difficult for others to say anything about it. Sun Microsystems made timely revisions and improvements based on the bugs reported.

Li Zetian secretly thought, when the World Wide Web matures and has more users, he will launch a browser.Haste makes waste.

……

One afternoon, Li Zetian was developing artificial intelligence in his office.

Dongfang Yuqin came in suddenly, with a serious face, and said: "Mr. Li, the think tank just called and told me something. I think this matter is a bit serious, and you need to make a decision!"

Li Zetian frowned slightly and asked, "What's the matter?"

Dongfang Yuqin sat across from him, and said in a deep voice: "They found out through their research that a major stock market crash may erupt in the United States!"

Li Zetian was startled when he heard the words, and thought to himself that they even speculated that "Black Monday" would break out in the United States.

"Mr. Li, they said that this stock market crash is no small matter! The U.S. economy has been in recession. Logically speaking, the Dow Jones Index should fall. However, the reaction in the stock market is very abnormal, and it has been rising. After a long period of illness, problems are likely to occur. .Recently, the stock market has shown signs of decline, and the up and down fluctuations are relatively large. If one is not good, it may trigger an avalanche and cause a major stock market crash!" Dongfang Yuqin said with a serious expression, "I think the think tank's analysis is very reasonable, so I am so anxious inform you!"

Li Zetian said very calmly: "Well, I also think the think tank's analysis makes sense! The U.S. economy affects the whole world, and if there is a stock market crash, it will definitely affect the whole world. You go to issue orders. The most recent period In time, the company shrinks its front lines and preserves funds for the disaster that may occur next."

Dongfang Yuqin hesitated for a moment and asked, "Mr. Li, if the think tank's analysis is wrong, then if we do this, it will be equivalent to slowing down the company's development..."

"Don't be afraid of [-], just be afraid of what happens."

"Ok, I see."

Just when Dongfang Yuqin was about to leave, Li Zetian called to her: "Oh, by the way, how much money is there in the books of Umbrella Company?"

"At the end of last year, there were 80 billion US dollars in dividends, and there were 24 billion US dollars in the original. Now there are [-] billion US dollars in total!!!"

"Well, this much money is enough for us to cope with the stock market crash. At the same time, we can also take the opportunity to eat up other companies!" Li Zetian smiled, and then waved his hand: "Okay, it's okay, you go to work! After you're done, Help me collect some information on big companies!"

"Hmm~"

Li Zetian watched Dongfang Yuqin leave.

This year has passed for so long, Li Zetian has not made any big moves, and the umbrella company has kept enough funds, just waiting for the appearance of "Black Monday".

Day by day, Li Zetian will be paying attention to the stock market situation tomorrow.

On October 10, the Dow Jones Index began to fall significantly, falling more than 16 points (about 91%) on that day.

However, people think it's normal.

There will be ups and downs.

The 17th and 18th are Saturday and Sunday respectively, and the stock market will not open.

The two peaceful days passed quietly.

On October 10, the Dow Jones Industrial Average in New York suddenly plummeted, with a tendency to plummet.

At this time, the New York Stock Exchange was crowded with people, and everyone was terrified!
"What's going on? Why did it suddenly fall so much?!"

Because when the market opened, the sudden drop was too sharp, which caused stockholders to panic, and the stock market continued to fall sharply. That situation can almost make people fall out of heart disease.

The U.S. stock market has fallen so badly that other places have naturally been greatly affected.

At 10:120 a.m. Hong Kong time, the Hong Kong stock market opened on time. The Hang Seng Index dropped 235 points in a panic affected by New York as soon as the market opened, and closed down 420.81 points at noon. The futures index fell by more than 3362.39 points in each month.Affected by the plunge in Hong Kong, the stock markets in various Asia-Pacific regions plummeted, and the effect spread to the European market as the market opened in various time zones, and finally returned to New York around the world: the Dow Jones Industrial Average fell sharply by 10 points (more than 300%) ).

Such a large global stock market will not be calmed down all at once.

Over the past October, Hong Kong fell 10% for the whole month, XN fell 45.8% for the whole month, London fell 41.8% for the whole month, and New York fell 26.4% for the whole month.

The "Los Angeles Times" reported: "Due to the outbreak of the global stock market crash, Chronos Li's value has shrunk severely, and he has lost at least 1000 billion U.S. dollars!"

Li Zetian smiled lightly at this: "Brother not only lost 1000 billion US dollars, it is obviously much more than 1000 billion US dollars! However, I don't care, anyway, the stock price will go up again in the future. Now, it's time for me to reap the harvest!!!" Before that, Dongfang Yuqin collected a lot of company information for Li Zetian, especially the telecommunications industry and banks.

"Mr. Li, your decision at the time was really decisive. The stock market crash actually broke out!" Dongfang Yuqin couldn't believe it until now, especially this time the stock market crash was so serious. When she looked at Li Zetian, her beautiful eyes flashed. Worship the light.

Yu Jingqiu, who was sitting on the sofa and applying a facial mask, was also very surprised, and couldn't help saying: "This stock market crash came so unexpectedly, there was no sign at all. My dear, you can infer Black Monday from just a few clues, really So shocking!"

Li Zetian is used to the "bringing doctrine" and is very thick-skinned. He smiled and said, "It's nothing. How could the US stock market crash escape my clever plan! After I saw the information from think tanks, I also thought that the stock market crash The explosion is extremely explosive, so it is natural to act decisively and make a decision!"

Yu Jingqiu looked at him with a hint of doubt, and said, "I don't know why, how do I feel that you have known since the beginning of the year that there will be a stock market crash in the United States?"

Li Zetian's expression was startled, I'll fuck it, is this a woman's intuition? ?Accurate!

"Uh, how is it possible..." Li Zetian shook his head and said.

"In the past two years, after you got the dividends, you always wanted to spend them. But you kept the dividends in 1986."

The weather was already very cool, but Li Zetian felt dripping with cold sweat.

"Because one or two years have passed, the rate of depreciation of the dollar has begun to slow down. Umbrella companies need to keep some funds to deal with emergencies, such as this Black Monday."

"Well, yes!"

Yu Jingqiu responded, and then lay down on the sofa with her head resting on Li Zetian's thigh.

(End of this chapter)