Back To 1995

   Chapter 722 The old tree blossoms

   "eBay can look for opportunities to go public, and the valuation can be partially raised!"

  Song Yang said to Whitman, knowing that she came this time for the eBay listing.

Now Whitman is touted by Silicon Valley and Wall Street as one of the most powerful female professional managers on the Internet. Although not as famous as Irene now, she is in charge of a double-click company that has been listed, and a No one dares to underestimate Whitman, the home appliance giant eBay!

   Hearing that Song Yang only mentioned listing eBay, but did not mention the gimmick of making PayPal pay a joint listing, Whitman knew that it might be impossible for the two to be listed jointly.

  ebay wanted to go public with PayPal, which was also influenced by ICQ’s acquisition of America Telecom. After the merger, a company with a market value of hundreds of billions of dollars was born in an instant. With such an example in front, who doesn’t want to imitate it?

   After all, the wealth is exciting. If eBay and PayPal go public together, it can’t be said that it can detonate the Internet and Silicon Valley market.

   But Song Yang, obviously didn't want PayPal to toss with eBay. eBay wanted to take advantage of the good opportunity of the Internet to take the opportunity to go public and make a fortune, but PayPal obviously hasn't arrived yet.

   PayPal in Song Yang's hands can be said to be the overlord of the electronic payment industry. Although there are payment platforms such as Musk's X.com, which are competing with PayPal, they cannot shake PayPal's dominance in the payment industry.

The e-commerce industry led by Amazon and eBay, as well as Wall Street’s Goldman Sachs, Deutsche Bank, etc., are platforms that support PayPal payment. PayPal’s position in Song Yang’s hands is by no means the PayPal of the previous life. It is simply an electronic payment channel. Simple!

The current PayPal is the money bag in Song Yang's hands. It has a number of functions such as a payment platform, a bank, and a PMMF fund similar to Yu'ebao. It is also an important financial link for many companies and industries in Song Yang's hands. channel.

Just a PayPal Yu’e Bao version of PMMF fund, now has more than 14 million global users, and the scale of PMMF fund has reached an astonishing $90 billion. This huge fund is all cash flow that can be used. , The giants of the entire Wall Street are also drooling.

   It can be expected that PayPal will definitely become the existence of daily gold in the future. In the Internet industry and even Wall Street, PayPal definitely has a place.

   And now, if PayPal and eBay are jointly listed, then Amazon and other e-commerce platforms will be in an embarrassing situation, which is really worth the loss.

  Song Yang doesn't plan to list PayPal now, or even for a long time in the future. What PayPal earns is not that important compared to its role!

   Knowing that eBay and PayPal are listed, there is no drama, and Whitman is not too disappointed. This is not unexpected from the eBay management side. Even without PayPal, eBay is qualified enough to be listed.

   "What is the valuation of eBay?"

Whitman asked Song Yang, eBay management and the Wall Street consultants they invited have done research on eBay's valuation for a long time, and it is not difficult for the price to exceed Amazon's. After all, eBay is now profitable. Better than Amazon.

  Song Yang laughed when he heard Whitman's words, "Since it's going to be listed, eBay will make a big move. It's surnamed Bruno!"

In the past few years, the companies established by Song Yang and invested in have been listed one by one like dumplings. One by one has made more noise than the other. Although many financial scholars, analysts, and investors have criticized them , The group of Silicon Valley upstarts headed by Song Yang are in Chiguoguo, and they are making money without any cover.

   Still can't stop it, major Wall Street institutions and investors are rushing, even if the valuations of these Internet companies are already outrageous, there are still countless people who donate generously!

   After hearing about the listing valuation Song Yang set for eBay, Whitman, a senior fishing man, lost his interest in fishing and hurried back to Houston.

  The boom of e-commerce is just emerging, and it has not yet reached the status of the mainstream Internet industry. eBay and Amazon, as the leaders, have also received the first wave of dividends, but it has not yet reached the point of exaggeration.

Amazon's share price has doubled, but it's only $2 billion, but Song Yang's valuation for eBay has reached an outrageous $8 billion. That is, eBay, which has not yet been listed, has dared to claim that it is 10 billion. The giant of the US knife, the valuation is more than four times more than Amazon's market value, it sounds outrageous enough...

Whitman didn't know whether those consultants from Wall Street would just slap the table and leave when they heard about this valuation. She was also a little worried, but she also had some expectations in her heart. If this wave happened, eBay could Really, it has become a leader in e-commerce concept stocks. At that time, it will not be worth billions of dollars in valuation!

   Looking at Whitman, Song Yang, and Dobble who were leaving, they no longer wanted to continue fishing. As for whether eBay could reach such an outrageous valuation, Song Yang was not worried.

   Anyway, in the current Internet industry, that is how bold people are and how prosperous the land is. They are not afraid of shouting high valuations, but they are afraid to shout!

It is a pity that the valuation has not been raised to that level, but if it does, it will be a **** profit, and it will not be a loss. After next year, the frenzy of the Internet will reach its peak, and e-commerce and portal sites will become the mainstream of the Internet industry. In the industry, at that time, the market value of Amazon and eBay will turn to tens of billions of dollars, which is not difficult at all!

The technology industry first broke the news that the old computer giant DEC, after all, was not guaranteed at the end of the season. It was officially acquired by a joint acquisition consortium composed of PA Semiconductor, Intel, and Compaq. The purchase price reached 9.6 billion US dollars. It is the largest transaction in the global computer industry so far!

  The acquired DEC immediately spread the news of its split. The entire DEC was scraped clean from start to finish, from the brand to the technicians, and even the office building.

   Dobble finally fulfilled his long-cherished wish. PA took away the DEC label, as well as the R&D personnel, production equipment, technology, patents, etc. of the semiconductor department at the cost of 600 million US dollars. The entire DEC basically disappeared.

The acquisition price of nearly 10 billion US dollars seems to be not low, but there is no comparison, there is no harm. There are still a lot of media in the technology circle here, and there are rumors that eBay's listing valuation has been raised to With more than 8 billion dollars, that is to say, DEC, which has worked for more than 40 years and has an annual revenue of several billion dollars, is a little more expensive than eBay, which has just been established for a few years...

   For a while, many people were beginning to be confused. In the end, the DEC mud could not support the wall, or they had little knowledge and could not understand the Internet industry at all.

  The same leader as eBay, an "old-fashioned" Internet company that has been silent for more than a year. Double-click, which once killed Wall Street's short-selling institutions, has also spread the news again, telling the outside world that Double-click is still alive and well...

   (end of this chapter)