Rebirth of the Tech Madman

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The spin-off and listing of Zheru Software Company was so successful!

This makes AT&T, which is in a similar situation, more anxious about the spin-off of Lucent.

It can be said that the successful listing of Zheru Software is an authoritative sign that technology stocks have begun to boom.

In the eyes of the richest man, the era of the Internet bubble has really come.

This is not because Tang Huan relied on empiricism to make rash judgments, but was also evidenced by hard facts.

Wall Street specifically took out August to serve technology stocks, creating a so-called ipo golden month for technology stocks-for example, in addition to the giant software company Zheru, there are also powerful challenges in the browser field. Netscape.

If it is true in the history of the company, Netscape and Zheru Software. It can be said that it is almost the same-the former was established for more than a year, and the latter was separated in less than two years.

But the actual situation is of course impossible. Zheru Software only flew solo. It has worked hard in the software industry for 17 years.

In contrast, Netscape is undoubtedly a raw melon egg with shallow qualifications, and the product line is hanging from the browser tree.

But Wall Street has once again shown its madness of turning over its hands for the cloud and raining for the rain. Netscape’s initial public offering price per share was originally set at $14, but before the issue, because of a temporary decision, Doubled to 28 US dollars per share; when the market closed on the first day, its stock price soared to 75 US dollars per share.

Zheru software cannot be exaggerated-think about how many original time and space it has deliberately robbed of the scenery that originally belonged to a series of suffering masters including Microsoft, Lotus, oracle?

In turn, look at the high-standard treatment Netscape gets-why?

In this regard, Tang Huan, besides feeling that the world is really wonderful, also doesn't matter in terms of mentality-a bubble is a bubble! At least, under the banner of the past few years, financing has become more convenient.

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Jim Clark, who left his own Silicon Valley graphics company sadly, made a comeback by investing in Netscape-what a business genius!

Mark Anderson, a country boy, through his unremitting struggle, became the "Internet prodigy" who launched a strong challenge to the industry giant Philosopher Software Company. Now it only took more than a year to become a billionaire Rich man-such a brilliant entrepreneurial success, directly compared to the iconic figures such as Tang Huan and Jobs more than ten years ago!

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It can be said that August is turbulent, and the Internet is invisibly described as the golden mountain of taking and taking.

You can fool around to create the popular idols of salted fish turning over, or commoner heroes. Anyway, I know in my heart-to successfully push Zheru Software to the Nasdaq’s Tang it, and ignore these depressing people’s hearts. All sorts of strange images, still acting at their own pace.

After entering September, Tang Huan first adjusted the management of Zheru Software Company in place.

For example, the original president Brad Swahlberg officially assumed the post of CEO, and he, who successfully completed the spin-off and listing mission, could retreat behind the scenes.

Both the company's internal and external public opinions are not surprised by this change, and Gein has been well informed in advance.

Of course, Tang Huan does not need to worry about Brad Svolberg's performance in the daily management of the company. What he really fears is the looming antitrust sword of Damocles.

During the separate communication between the two, the richest man reminded: “While the philosopher software is so brilliant, it is also a target of public criticism. In the Internet era where everyone wants to sing, on the one hand, they suppress the opponent’s efforts. It is difficult to grasp the degree of severity. On the other hand, public relations takes on a new form-always remembering that it is a must-have homework that is unreasonably low-key."

Brad Svolberg is very optimistic, "After the company went public, the public relations network has expanded more directly, and the threat of antitrust should be significantly reduced compared to previous years."

Tang Huan shook his head, "The crying children have milk to eat-if some competitors unite to complain and catch up with the special situation, then we may not be able to continue to effectively control the situation."

Seeing the boss repeatedly emphasized this issue, Brad Svolberg said in deep thought: "Now that Philosopher Software is so popular, everyone is inevitably proud from top to bottom; if you want to collectively keep a low profile, you really have to work hard. ."

The richest man gave an example with earnest words, "At the beginning, when AT&T was chased by mci to sue antitrust, a strong evidence in the court was that there were conference tapes that truly described how to exclude competitors—— It is necessary to remind everyone not to be overwhelmed with ideological work."

Brad Svolberg thought for a moment, and then replied: "I think, I understand what should be done at the corporate culture level."

The advantage of bringing troops by yourself is that it can only be understood and unspeakable. Tang Huan’s point is so far, no more nagging-if there are real anti-reactions in the industry that are close to success, then use 100 million as a unit and use US dollars to smash it. Anyway, the recent listing has brought in billions of dollars. If the anti-monopoly sword of Damocles appears to be faltering, I believe many people will be very concerned to issue a warning in advance.

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After temporarily withdrawing from the fiercely competitive it circle, the richest man first discussed with Jerry Brown, chairman of the California High-speed Rail Authority's board of directors, about the construction of the California high-speed rail extension.

Among the traditional modes of travel between San Francisco and Los Angeles, the plane is undoubtedly the fastest, about an hour and a half, while the National Railway Passenger Corporation train takes at least nine hours; the efficiency of the car is almost between the two— -If you consider the time cost of rushing to the airport and road congestion, the journey will obviously not be so ideally smooth.

In contrast, after eliminating all difficulties, mainly due to man-made constraints, the construction of the California high-speed rail has shown unparalleled advantages and has clearly and profoundly affected people's daily lives.

At present, the California high-speed rail runs between San Francisco and Los Angeles. The time is about four hours, slower than airplanes and faster than cars. In the foreseeable future, after speeding up, it can be shortened to less than two and a half hours.

It is not difficult to imagine how positive changes are taking place in San Francisco and Los Angeles, as well as the cities along the route, in various fields including the economy.

Driven by the inertia of this unanimous view and loud applause, the California high-speed rail extension line from San Francisco, through the Central Valley to Sacramento, the capital of California, has been called for construction for several years.

Compared to the extension line from Los Angeles south to San Diego, the border city of the United States and Mexico, the richest man is obviously more interested in the northern extension line from San Francisco to Sacramento.

Now, the preparations for related construction are basically in place.

In terms of funds required only, even taking into account inflation and other factors, the northern section of the extension line is still far lower than the original California high-speed rail cost of more than 30 billion US dollars.

The California high-speed rail is now profitable, coupled with the good economic situation in the United States, and the rake of the richest man's money has never stopped-under various favorable factors, the construction of the northern section of the extension line is really not a difficult task. At least, those investors who were drawn in at the beginning took the initiative to post it.

With this smooth progress where everything is in order, Tang Huan is concerned about other issues.

He also praised the militarized management of the daily operations of the California high-speed rail, and then proceeded from this: "The bombing of the World Trade Center in New York in February of the previous year, and the Tokyo Metro Sarin launched by the Aum Shinrikyo in March this year. The poison gas attack and the Oklahoma City bombing in April remind us that in addition to guarding against natural disasters such as earthquakes, we must also be alert to man-made disasters in important public service facilities like the California High Speed ​​Rail."

Regarding this, Jerry Brown said with great conviction: "Safety management does not only depend on real money and hardware investment."

Speaking of this, he pointed to his head and emphasized: "The key lies in the awareness of the staff. Otherwise, no matter how good the countermeasures are, they will all be furnishings. The militarized management of California's high-speed rail has experienced various After the dispute, it can now be said to have become a unique landscape. In addition to being pleasing to the eyes, passengers also have a sense of security."

After further reaching a consensus on this issue, Tang Huan turned to the energy sector, “California’s power industry has been taken down by a powerful lobby represented by Texas Enron, and reforms are about to be carried out. The advantages and disadvantages are hard to say. But there is one thing that should not be wrong. California's electricity supply may under certain circumstances be driven by commercial interests and produce fluctuations."

"Are you worried about the cost of California's high-speed rail, or even its normal operation?" Jerry Brown frowned.

The former California governor admired the vision and knowledge of the richest man, so he naturally took this analysis into his heart.

He thought slowly and said: "Then we need to introduce more balancing technologies in the power supply link."

The richest man gave a bottom line, "My investment is entering the California power industry, and it should be able to provide supplementary energy security for Cupertino in Silicon Valley and the California high-speed rail section in the San Francisco Bay Area."

Jerry Brown nodded, "Okay, I will pay attention to this issue too."

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Next, Tang Huan will once again start his Asian tour this year.

However, before leaving, he attended an economic seminar of the Shennong Foundation wherever he wished, and listened to the speeches and debates of those experts.

Among the many roles of the Shennong Foundation for the richest man, think tanks are becoming more and more important.

Take Tang Huan’s social experiment in Funan. Expert advice and suggestions are absolutely necessary for how to do specific ideas around great ideas.

In fact, the reason why the richest man specially made time to attend this event was mainly for one person.

This person is Paul Krugman, an American economist and a columnist for the New York Times. In the original time and space, he won the Nobel Prize in Economics in 2008.

Of course, with his academic level, Paul Krugman has now been widely recognized, and has been affirmed by important professional awards, such as the John Bates Clark Award in 1991.

What is the weight of this award?

It is named after the American neoclassical economist John Bates Clark. It was established in 1947 on its centennial birthday. It is awarded every two years by the American Economic Association. The selection criteria are "American economists under the age of 40," And it has provided outstanding contributions to economic thinking and knowledge."

The American Economic Association, founded in 1885, is composed of all American economists and is considered one of the most important organizations in the economics field.

As a result, the John Bates Clark Prize, which has a deep connection with the American Economic Association, is commonly known as the "Little Nobel Prize in Economics."

Perhaps it is more vivid to list the numbers-the John Bates Clark Prize, which is only awarded to American economists, has a total of 25 winners from 1947 to this year; and the promise that has been awarded for the first time since 1969 The Bell Prize in Economics ~www.readwn.com~ has been given to John Bates Clark Prize winners seven times, and the ratio is close to one-third.

This shows what kind of academic status Paul Krugman has now.

Just last year, this man published an article in the "Foreign Affairs" magazine criticizing the "Asian economic miracle."

He believes that economic growth in East Asia is the result of increased capital investment over a long period of time. The increase in total factor productivity is actually minimal.

To put it bluntly, in some countries with the so-called "Asian Four Little Dragons" and "Asian Five Tigers" gimmicks, their economic prosperity relies on export growth and real estate bubbles brought about by hot money, rather than "total factor productivity" growth.

You know, "Foreign Affairs" magazine is sponsored by the famous American think tank-"Foreign Relations Committee". It is one of the most authoritative and influential academic journals in the field of American international affairs and foreign policy research.

Paul Krugman's firing of such a shot naturally had a great response.

However, this kind of "prosperity warning" is basically difficult to be recognized.

In the final analysis, Paul Krugman does not yet possess the "God."

But with one exception, the richest man listened to his heart, so he joined the fun today.

Tang Huan is no stranger to Paul Krugman, but at the scene, he was still amused by the fact that the other party's speeches led to a rattling debate with other experts.

In such a short period of time, the degree of communication is limited.

Therefore, Tang Huan invited Paul Krugman to go to Asia with him-the other party readily agreed.

In this way, they sat on the Silicon Valley One and went directly to Xiangjiang.

Unexpectedly, the atmosphere here is now delicate, some people do not welcome the richest man-what are you doing in Xiangjiang?