The richest man

Chapter 246 The Internet Bubble

At this moment, the corner of Zhang Jun's mouth twitched, showing a smirk, and the bad idea of ​​the United States came to mind again.

It is now 2000, and the Internet bubble in the previous life burst at this time.

In this life, the Internet bubble is even more serious!
Yahoo's market value has been pushed up to 2120 billion US dollars, while in the previous life, Yahoo's market value reached 1280 billion US dollars.

"I, Zhang Jun, will be the one who burst the Internet bubble!!!"

Yahoo has been listed for many years, and the major shareholder's stock lifting period has passed. Zhang Jun can completely sell a part of Yahoo's shares to cash out huge amounts of cash.

At present, Legend Technology Company still holds more than 70% of Yahoo shares. Zhang Jun immediately ordered Zhao Wen to help him sell 20% of Yahoo shares, and the remaining 50% shares would still allow him to firmly control Yahoo.

It's not that Zhang Jun doesn't want to sell more shares, but in the short term, even cashing out 20% of the shares is quite difficult.

If successful, almost more than 400 billion US dollars in cash can be cashed out.

However, major shareholders need to make an announcement in advance to cash out. Right now is the craziest time of the Internet bubble, and Zhang Jun can't judge whether the Internet bubble will be directly burst when the news of his cash out comes out, or whether it will continue to be crazy.

Either way, Zhang Jun doesn't care.

In the case of the former, the dot-com bubble would burst, and US technology investment would enter a trough, and the main driving force driving the high-speed growth of the US economy in the "new economic era" would disappear.

In the latter case, Zhang Jun can make a lot of money.

three days later.

Legend Technology announced that it will reduce its shareholding in Yahoo.

As soon as the news spread, it immediately caused turmoil in the stock market.

People have been studying why Legendary Technology Company reduced its shareholding in Yahoo.

Legend Technology Company said to the public that Legend Technology Company holds too many shares in Yahoo, and that one company dominates and has too much power to speak, which is not conducive to the future development of the company.None of the major shareholders own more than 50% of the shares of any listed technology company. It is a normal operation for Legendary Technology to reduce its shareholding, which is very reasonable...

Seeing this, many organizations hurriedly spoke for Legendary Technology Company to guide public opinion.

In fact, everyone knows that the Internet bubble has already emerged, but no one wants to burst this bubble, but hopes that this bubble will last for a long time.Everyone has a sense of luck, thinking that they can successfully escape before the bubble bursts.

This is a typical gambler mentality.

Today, the Nasdaq technology stocks are very volatile.

Yahoo shares fell 2.4 percent.

Shares of other internet-listed companies also fell slightly.

The next day, Zhang Jun thought that Yahoo's stock price would plummet, but unexpectedly, yesterday's panic dissipated overnight. Many enthusiastic stockholders flocked to the exchange, snapping up Yahoo's stock, and many institutions also entered the market. up.

"I think the potential of the Internet is huge. I couldn't buy Yahoo stocks if I wanted to buy them before. Now that others are fleeing, this is my opportunity. I want to take this opportunity to grab some Yahoo stocks!!!" An old investor was so excited that he quickly opened the stock market Software, buy shares of Yahoo.

"People who sell Yahoo stock are idiots. Now that Internet companies are so popular, Yahoo's stock price will definitely rise. Brothers, believe me, hurry up and buy Yahoo! Last night, Wall Street experts said, They are optimistic about the development of the Internet, and Yahoo’s stock price still has a lot of room to rise, so I recommend buying it! You can trust what experts say!” A man posted a comment on a forum, calling on everyone to buy Yahoo.

In an interview with the media, the CEO of an Internet start-up company said: "The Internet is the place where legendary wealth is created. Legendary Technology has reduced its shareholding in Yahoo. It is not surprising that the Internet will fail. The reason why Legendary Technology will reduce its shareholding in Yahoo may be It has to do with the tense situation it's in right now...everyone knows it, so I'll say more. All in all, the future of the Internet is very bright!"

The Internet has created a large number of rich people, and the concept of the Internet has been crazily hyped up by people, like a wild horse running wild, even if Zhang Jun wants to stop it, he can't stop it.Some people may be afraid and choose to cash out.

However, there are more people who lose their minds!
Seeing this, Zhang Jun was stunned.

If God wants to perish, he must first make it mad.

Zhang Jun felt that American investors were crazy.

"If that's the case, then it's right for me to make money!!!" Zhang Jun couldn't help laughing, secretly happy in his heart.

Therefore, in the next period of time, Legendary Technology Co., Ltd. cashed out frantically. Even when the shares were reduced to 50%, Zhang Jun did not stop. Even if he held 40% of the shares, he could still control Yahoo.

Yahoo doesn't deserve Zhang Jun's attention. In the previous life, Yahoo's market value from [-] billion to billions "sells itself", which is enough to illustrate the disadvantages of portal websites.

Zhang Jun has already founded Google, and he used Yahoo to "borrow chickens to lay eggs", making Google's development very fast, and now it has become the world's largest search engine.

Google has not opened too many advertising businesses for the time being, so it has not caused too much impact on Yahoo. The reason for this is mainly because Zhang Jun wants to cash out Yahoo shares. If Google snatches Yahoo's advertisers, Yahoo's stock price will plummet.

By the end of March 2000, the annual reports and quarterly reports of major Internet listed companies were disclosed one after another. At this time, people found that the performance of the Internet was quite different from previous expectations.The previous business model of "making money after getting bigger" has begun to be questioned, and people have wondered whether the money invested before will be lost.

Coupled with the fact that legendary technology companies are cashing out Yahoo's shares in a frenzy recently, the US stock market is suddenly panicked.

Immediately, many institutions and stockholders scrambled to sell the stocks of Internet listed companies. This time, panic spread, and all technology stocks plummeted. The Nasdaq index fell from the highest point of 5132.52 to 4620.21 within a day like an avalanche. , plummeted more than 400 points, or 8%, shocking the world.

"Oh, God, this...how is this possible?! It's over, it's over, I'm going bankrupt!" At the gate of the exchange, a man fell to the ground, his face was pale, his soul was lost, his eyes were empty, as if he had lost hope in life .

At this moment, anyone can see that the dot-com bubble has burst.

The next day, as soon as the stock market opened, there were a large number of sell orders, and stockholders sold their shares at low prices.

US stocks continued to plummet.

Inside the Nasdaq exchange, mourners are everywhere.

Countless shareholders and institutions have suffered heavy losses, and the Internet winter is coming.

At this time, no one is willing to invest in Internet companies.

In less than a month, dozens of Internet companies went bankrupt.

The U.S. economy was hit hard.

Countless hot money began to flee from the United States and invest in China instead.

Looking back at this time, everyone was shocked and envious. The timing of Legend Technology's cashing out of Yahoo shares was just right, and it successfully avoided the Internet bubble crisis.

The legendary technology company has cashed out 500 billion US dollars, which makes people envious and jealous!
In a month's time, Yahoo's stock market has plummeted to 500 billion US dollars, and then it will fall.The legendary technology company has made a lot of money, and the cash from cash alone is enough to buy another complete Yahoo.

People's minds exploded.

"Damn, we lost so much, but Zhang Jun successfully cashed out 500 billion US dollars, I'm really not reconciled!"

"Yeah, fuck it, Zhang Jun is sucking the blood of us Americans! He has stolen all our money!"

"..."

There are so many people in the United States who hate the rich, and demonstrations have even taken place in many cities, wanting to drive Zhang Jun away and not allow him to do business in the United States.

Damn it, Zhang Jun was also speechless, cursing inwardly.

"My behavior is a formal and legal operation. You can't see the form clearly. You are too greedy. In the end, you find me out when you lose money. What rubbish!"

Zhang Jun was very disdainful, and told the staff in the United States to pay attention to safety, be careful of Yankees smashing up, and carry out inhumane zero-yuan purchases.

Then, Zhang Jun found a way to transfer the cash out of the United States.

Zhang Jun is a little worried that the money is in the United States. If it is frozen, there is no way to reason.

Is Lao Mei reasonable?

Zhang Jun only knows that Lao Mei is very good at playing hooligans.

(End of this chapter)