Chapter 538: 540

The financial report of igritte company in 1992 is so eye-catching that even if many people want to keep a low profile, they fail to do so.

The San Francisco Chronicle, a subsidiary of Hurst group, published its annual financial report. If it is a company with only a few million or even tens of millions of dollars in revenue, it is not uncommon for it to grow at an annual rate of 400%.

However, the annual revenue of a company with a revenue volume of 100 million has jumped from 491 million US dollars to 1.937 billion US dollars. It is not through merger, but the natural growth of the company itself, which can be called a miracle in the global business history.

You know, according to the statistics of Fortune magazine, the entry threshold of revenue of the top 500 American enterprises in 1992 is only 528 million US dollars.

The company's revenue of $1.937 billion in 1992, if declared to participate in the Fortune 500 auction, will be enough to reach 219. Even if the entry threshold reached $2.329 billion in 1992, igritte is very close.

It is not so easy for us top 500 enterprises or the world top 500 enterprises to enter.

Take the top 500 companies in the United States as an example. The average age of all these companies on the list in 1992 was 42 years old, while igritte company was founded only four years ago.

Moreover, four years ago, most of the public didn't even have a concept of the Internet industry. In other words, igritte has created a new industry.

This is basically true.

With the release of the front page article of the San Francisco Chronicle, the media from all sides have been amazed, questioned and attacked.

In recent years, through several excellent news events, igritte has obviously made the traditional paper media platform feel the threat.

Although the advertising revenue from the portal accounts for only about 10% of the total revenue in the financial report of igritte, the traditional media is still facing a big enemy. The Boston Globe, which has a great influence on the east coast, openly attacked the financial report of igritte as a publicity and misleading to the capital and the public, so it even asked the federal authorities to correct the report The investigation is based on articles with "ulterior motives".

No matter how fierce the doubts and attacks from the outside world, with the release of the article, the capital market quickly made the most direct response to the U.S. technology stock market.

Igrit is not a public company, but Cisco and AOL are.

Moreover, a complete Internet industry chain jointly built by the three companies can be seen by anyone with a clear eye.

As a result, at the beginning of February, the two companies just broke through the market value of US $20 billion. With the release of the financial report with the same substantial growth and the disclosure of the explosive annual financial report of igritte, the market value of the two companies directly went to US $30 billion.

In the confusion, the time entered March 1993.

Moreover, for the Internet industry, this is bound to be an extraordinary March.

On March 2, Bill Clinton, who has been in office for less than two months, officially started his visit to Silicon Valley in a busy schedule. During the one-day trip, Bill Clinton visited the headquarters of five companies, including whitp, Intel, Cisco, AOL and igritte, and made a visit to the silicon valley In the afternoon of the same day, he delivered a speech on the information superhighway project with Stanford University Campus auditorium.

During Bill Clinton's visit to Silicon Valley, three of the five companies on the agenda belong to the westero system. Even if a young man does not appear in the whole process of the visit, this arrangement is enough to show the obvious close connection between the westero system and the new president.

Therefore, on the second day after the visit, the technology stock market rose again, and Cisco's market value officially exceeded the $30 billion mark. At the close of the day, its market value was fixed at $31.2 billion.

This is just the beginning.

Then, in the second week of March, on March 8, the United States Senate officially voted to pass the information highway plan bill, which has been promoting and brewing for a long time since last year.

When the bill was officially announced, the eyes of the whole world were instantly focused on it.

The core content of this 20-year plan is to build a perfect information network composed of communication network, computer, database and daily electronic products to provide a large amount of information for the public.

The specific contents of the bill include "promoting investment in the information industry", "increasing infrastructure construction", "ensuring information security and network reliability", "relaxing spectrum control" and "strengthening intellectual property protection". Generally speaking, it is to promote the development of the information industry with the greatest power that the United States can use.

Once upon a time, the information superhighway project was launched in 1993. At that time, Netscape browser was just born, AOL had not yet risen, and Yahoo was missing. Although the Clinton Administration tried its best to build momentum for the bill, it was still difficult for the public to realize the importance of the bill.This time, with the advance promotion of the westero system, AOL, Cisco and igritte have all risen ahead of time. Both the capital and the public have intuitively realized the impact of the information age on the whole society.

As a result, when the "information superhighway plan" was officially released, the U.S. technology stock market did not experience the brewing from 1993 to 1995, but directly began to take off.

AOL also broke through the $30 billion mark on March 9, a week after Cisco's market value broke through $30 billion.

At the end of March 9, the market value of Cisco, which almost monopolized the basic network equipment market, reached $35.1 billion, and that of AOL reached $30.9 billion.

Other important technology companies, such as Microsoft, Intel, apple, sun and so on, are also rising rapidly these days.

This is crucial for the Internet industry. Of course, March will not end with the publication of a bill that may take long-term effect.

On March 11, Microsoft held a press conference in Seattle and launched a new windows 3.2 system.

In the past, windows 3.2 system was released in 1994, and compared with windows 3.1 system, the improvement was not big, mainly due to the increase of multilingual support including Chinese.

This time, although the windows 3.2 system was released one year ahead of schedule, it is a brand-new system specially customized by Microsoft for the arrival of the Internet era, greatly enhancing the support for network, image, audio, video and other multimedia services. In addition, the windows 3.2 system also launched the "start" menu, which is crucial to the Microsoft Windows platform, ahead of time.

Simon has got the trial version of windows 3.2 three months in advance. In his opinion, this operating system equipped with the "start" menu in advance is very close to the classic windows 95 in memory.

Next, the important breakthrough of Windows 95 is about the upgrade from 16 bit system to 32-bit system.

On March 12, the day after Microsoft's windows 3.2 release, Intel released the first generation of Pentium processor with basic parameters in October last year, and officially launched it to the market.

Pentium era starts.

In the original time and space, it was by relying on Pentium series processors that Intel completely ended the status of PC processor chips competing for power, and the x86 architecture was unified.

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As of March 12, Microsoft's market value reached 32.6 billion US dollars, becoming another new technology company with a market value exceeding 30 billion US dollars after Cisco and AOL.

Because of apple, Motorola, AMD and many other competitors, although the market value of Intel was also affected by the recent popularity of technology stocks, it did not make a big breakthrough. The market value of Intel was fixed at US $26.1 billion on that day, which is still far from US $30 billion.

However, at the end of the day, the eyes of many media can't help falling on the four companies that are heavily held by Westeros.

March 12 is Friday. Besides Microsoft and Intel, Cisco's closing market value is 35.6 billion US dollars, and AOL's closing market value is 31.7 billion US dollars.

According to westlow's 50.1%, 66.1%, 21.3% and 15.6% stake in Cisco, AOL, Microsoft and Intel, Simon westlow's shares in these four companies are worth US $17.8 billion, US $20.9 billion, US $6.9 billion and US $4.1 billion respectively.

Any one of the first two companies has already exceeded the personal assets of tiyiming, the second richest man in the world in 1992.

The value of the shares of the four companies added up to a staggering $49.7 billion.

In recent months, many media have predicted that Simon's personal assets in 1993 will exceed the 100 billion mark, becoming the world's first 100 billion dollar rich man.

Originally, many people were skeptical about this.

Even though westero's personal assets reached 65 billion US dollars in 1992, how could it be so easy to reach the threshold of 100 billion US dollars.

Now, just the four technology stock companies held by westero have brought Simon's personal wealth to US $49.7 billion. Coupled with a large number of assets under westero, such as Denise entertainment, cersei capital, melisandro and igritte, there is no need to wait for the new Forbes rich list in the second half of the year Strow's personal assets have obviously exceeded $100 billion.

When some media have begun to quietly count Simon's personal wealth, in order to win some attention and sales, the following weekend, another news came out.

Westero's igritte, which is tied with Cisco and AOL, will make its first external equity financing and sell 10% of its shares.

Offer, 1.5 billion dollars!Many people see this news in the media, and their first reaction is that the lion opens his mouth.

Then, however, there was silence.

A 10% stake, worth $1.5 billion, means westero's valuation of igrit is $15 billion.

For enterprises with similar market value in the market, according to the higher P / E ratio of US $3 billion, the revenue and profit scale should also be around us $5 billion and US $500 million.

The company's revenue in 1992 was only $1.937 billion, and its loss in the past year was $139 million.

However, it is obviously impossible for igrit to be classified as a traditional enterprise.

This is an Internet company that has been in hot pursuit recently.

And almost control the world wide web portal.

It's not that there is no news that other technology giants are looking for new network technology standards to avoid igrit's World Wide Web technology patent barriers. However, the development of the world wide web is too rapid. At this stage, 90% of Internet sites use World Wide Web technology, so that for ordinary people, the world wide web is actually the Internet.

Therefore, even if other network technology standards are launched, the first thing to be realized is to be compatible with the world wide web.

Otherwise, your network can not connect to 90% of the Internet sites, then there is no need to exist.

If we want to realize the compatibility with the world wide web, it is impossible to bypass the World Wide Web Patent.

As a result, it is clear to all discerning people that it is as difficult to create a network standard that can compete with the world wide web technology as it is to create a compatible DC system in the AC power grid system that has been widely used in the world, and there is no possibility of its realization.

Since we can't compete with the world wide web, if we want to get a share in this industry, we must join it.

In the past few years, igritte has also shown a fairly open attitude. In addition to some patents related to core business interests, igritte's free world wide web technology is enough to allow other new technology companies interested in this field to develop their own business.

However, the market created by this kind of opening can not be the same as the value of igritte itself.

As a result, many people have been closely watching the development of igritte company since it came to the fore, and more than once they have tested the Westeros system to see if they can invest in this company.

The past answers are naturally specific.

Relying on the profits contributed by companies such as danielis entertainment and cersei capital, the westrow system is not in urgent need of funds. Moreover, even if it is short of money, with the foundation of the westrow system, it is easy to obtain $1 billion of loans from major banks.

As a result, many people once felt that igritte might remain absolutely private for a long time.

Because they can't get involved in it, some forces have begun to think about how to "remind" Simon westero not to eat alone.

Unexpectedly, with the occurrence of a series of major events related to the new technology field in March, westero system took the initiative to release the news that igrit will conduct external financing.

This is the news that many people have been waiting for for for a long time.

However, the result deviated from the imagination.

10% of the shares, 1.5 billion dollars, is too expensive.

Even if it is clear that igritte is really worth the price, it's only $1.5 billion, not $150 million, let alone $15 million.

Such a huge amount of capital can only obtain 10% of the shares of a company. Any capital interested in igritte company will inevitably hesitate about it.

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