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Chapter 349 Internet Bubble

In November 1994, a computer service company, the United States Grid View Communications Company, was officially established.

In December of the same year, the official version of Netscape Browser 10 was released, and the software was called Netscape Navigator. As soon as the software was released, it began to occupy the market and became the first in the browser market.

In August 1995, Netscape Company made its initial public offering, with the original stock value of US$14. Later, it was successfully listed, and the stock price began to soar after the opening. It closed on the same day with a price of 5 apps. Welcome to download the app to read for free.

Amazon, an Internet company selling books, has increased nearly 20 times from its initial valuation of more than one billion US dollars to the beginning of 2000.

Connie Network Service Company, a typing system company established by a young man in his 20s. The entire company's employees, including the sweeping aunt, were three. They were founded for less than a year and did not make a penny, and they did not know the later stage.

Can you make money?

However, after investors' packaging, the stock contractor priced its stock at $8 per share. On the day of listing, its stock price rushed to $105, and then it rose all the way.

This is the microcosm of Internet companies in recent years. As long as you are linked to the Internet, then congratulations, you are becoming more developed.

On February 18, 2000, Li Jianren, who had just returned to Jinling after the New Year, took out his cell phone from his pocket and called Zhang Jiaqiang on Xiangdao, "Jiaqiang, how are our stocks selling?"

Zhang Jiaqiang on the other end of the phone obviously felt a little unwilling to accept it, "Mr. Li, he has sold out about 80 now. According to your instructions, he will definitely sell out all this month. However, the stock market has been rising in the past few days.

, especially the stocks we bought before.

Mr. Li, whether our plan should be slower or not, I feel that it will be fine if we stick to it for a while, and maybe the profit margin can be increased by more than 30."

Li Jianren understands Zhang Jiaqiang's mood and makes such a decision. I believe many financial and Internet companies will not understand it. However, this is Li Jianren's personal secret. He cannot share this secret with others, so he can only make a decision on his own.

"Jiaqiang, according to our previous plan, we must sell it all this month. We have made enough money, so there is no need to continue. Stop when it's time to stop. This has always been my investment principle."

Zhang Jiaqiang was silent for a few seconds before answering: "I understand, I will arrange the rhythm."

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In order to complete this plan, Li Jianren specially went to Xiangdao before the New Year to communicate with Zhang Jiaqiang. At that time, Zhang Jiaqiang was indeed convinced by Li Jianren, and began to reduce his holdings in his hands in steps according to the plan.

However, over the past month, the stock market has risen instead of retreating, and it has risen sharply. This made Zhang Jiaqiang a little suspicious of Li Jianren.

But Li Jianren is the boss, he can only implement the requirements of his leader and cannot make decisions privately.m

But even so, Zhang Jiaqiang was still not very comfortable. He felt that Li Jianren was a little distrustful. If he followed his own plan, he could earn at least more than 1 billion US dollars in the past month.

But because Li Jianren asked him to start reducing his holdings, the more than 1 billion US dollars slipped away in vain. Although all this money belonged to Li Jianren and had little to do with him, this operation really made him full of doubts.

Lee Jianren hung up the phone. He didn't want to explain anything anymore. He had already said everything he should say. After a while, he would look back and know how wise his decision was.

Stocks worth tens of billions of dollars are not something that can be sold immediately. There must be a process, and this process will not be very short. Even when Internet companies are at their peak, this is the case.

If he sells again when the bubble bursts, no one will take over at that time. Everyone is busy selling stocks, so there is no time to pay attention to you. Those stocks will only be rotten in their own hands.

On February 26, 2000, Greenspan, head of the Midland Federal Reserve, realized that the appreciation of high-tech industries was becoming increasingly crazy, and a clear financial bubble had already formed. If this continues, it will inevitably lead to a series of consequences.

Therefore, the Mid-Federal decisively announced a rate hike, which increased the cost of capital flow and curbed the investment enthusiasm of major financial companies and individuals.

The stock market began to fluctuate significantly, and many people began to wait and see.

Li Jianren called Zhang Jiaqiang again to inquire about the progress of the sale.

Fortunately, although he didn't understand Li Jianren's decision very much, Zhang Jiaqiang did not give a slight discount on the execution. Kunpeng Capital has sold out all the stocks in his hand and cleared the position directly.

When Li Jianren heard this news, he finally breathed a sigh of relief. In this way, he could sit and watch the situation and see how those companies went bankrupt one by one.

In the past two days, Li Jianren has ordered Jiang Yichen to go to the United States for inspection, especially to ask him to pay attention to some high-tech companies with certain technical content. If it is beneficial to the future development of Qianxun Technology, you can contact it first.

Li Jianren's idea is simple. When the bubble completely bursts, he will inevitably follow a wave of bankruptcy. At that time, he can harvest a group of high-quality companies, especially those companies' patented technologies and related talents.

Since he plans to set up a branch in the United States and cooperate with relevant schools, he always needs to make some preliminary preparations. These technologies and talents will be his future guarantee.

The stock market experienced a wave of fluctuations after the Federal Reserve announced a rate hike, but the index rose again afterwards.

On March 10, the Nasdaq Index reached 5125 points, directly breaking the highest point in several years and reaching above 5100 points.

On March 20, the famous American financial weekly "Barron's Weekly" published an article titled "Burning Guang".

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The article discloses the current situation of American Internet companies: Among the 200 companies surveyed, nearly 150 companies have negative profits, and more than 50 companies have no cash flow. Most of the shareholders of Internet companies are cashing out as much as possible.

As soon as this news came out, it caused an uproar in the financial market, and investors began to sell their stocks on a large scale. In less than a month, the Nasdaq index fell below 3,800 points. And there was no intention to stop, it was still there

Continue to decline.

A large number of Internet companies have begun to file for bankruptcy because they have no subsequent funds.

During this period, Jiang Yichen began to crazily acquire technical patents and related talents. At this time, the surviving Internet companies have also begun to lay off large numbers of employees. However, Qianxun Technology has a large number of people everywhere.

Recruitment will reserve talents for future branches and branches.

Other companies are reversing, while Qianxun Technology is accelerating its pace.

Since the first round of financing negotiations had not yet ended, Qianxun Technology had a large gap in funds to receive the patent. So Li Jianren directly borrowed Qianxun Technology from Kunpeng funds, allowing them to begin to have the ability to complete related acquisitions.

Work.

Qianxun Technology has also increased from more than 1,000 patents to more than 5,000 patented technologies. In the past, many patented technologies that may have required hundreds of thousands or millions of dollars to acquire are now as cheap as Chinese cabbage.

As for technical talents, they used to have annual salaries of hundreds of thousands of dollars, but now even annual salaries of tens of thousands of dollars have begun to rush to do it. Even if they are abroad, they are willing to do so.

"Mr. Li, I was wrong. It's good that you've made the arrangements, otherwise the company will suffer heavy losses. I will never make any decisions in the future."

Zhang Jiaqiang returned to Jinling from Xiangdao and admitted his mistakes to Li Jianren in person. He really made a cold sweat for himself. If he had not implemented the boss's decision, then the tens of billions of dollars of capital might have disappeared.

(https://.23xstxt./book)

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