Rebirth of the Tech Madman

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The spin-off and listing of Zheru Software Co., Ltd. was too successful!

This makes AT\u0026T, which is in a similar situation, even more impatient to spin off Lucent.

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

In the eyes of the richest man, the Internet bubble era is really coming.

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

Wall Street specifically used August to serve technology stocks, creating a so-called golden month for technology stock ipos. Netscape Corporation.

If it is hard to be true in the company's history, Netscape and Zheru Software. It can be said that it is almost the same - the former has been established for more than a year, and the latter has been spun off in less than two years.

But the actual situation is of course impossible. Zheru Software is just flying solo, and it has worked hard in the software industry for 17 years.

In contrast, Netscape is undoubtedly a melon egg with shallow qualifications, and its product line hangs on the tree of the browser.

But Wall Street once again showed its madness of turning its hands into clouds and raining its hands into rain. The price per share of Netscape’s initial public offering was originally set at $14, but it turned out that before the release, because of an interim decision, doubled to $28 a share; by the end of the first day, the stock had soared to $75 a share.

It is not an exaggeration to say that Zheru software is so beautiful - think about how much it has deliberately robbed the original time and space, which originally belonged to a series of suffering masters including Microsoft, Lotus, Oracle, etc.?

Conversely, look at the high-standard treatment Netscape received-why?

In this regard, Tang Huan, apart from lamenting how wonderful the world is, doesn't care about his mentality--bubbles are bubbles! At least, under the banner of the past few years, financing has become more convenient.

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Jim Clark, who quit the Silicon Valley Graphics Company he founded, made a comeback by investing in Netscape-what a business genius!

Mark Anderson, a country boy, through his unremitting struggle, became an Internet prodigy who launched a strong challenge to the industry's giant Zheru software company. Now it only took more than a year to become a billionaire. Rich man - such a brilliant entrepreneurial success, directly compares Tang Huan, Jobs and other iconic figures more than ten years ago!

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In August, which can be called turbulent, such arguments are everywhere, and the Internet is described as a golden mountain that can be taken away.

You can flicker to create popular idols of salted fish turning over, or civilian heroes, anyway, I know it in my own mind-it is the Tang it that successfully pushed Zheru software company to Nasdaq, ignore these demagogues All kinds of grotesques still act according to their own rhythm.

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

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

Regardless of the company's internal or external public opinion, there is no surprise to this change, and Gein has already made it happen in advance.

Of course, Tang Huan doesn't need to worry about Brad Swahlberg's performance in the company's daily management. What he really fears is the looming anti-monopoly, the sword of Damocles.

During the individual communication between the two, the richest man reminded: While Zheru software is extremely brilliant, it is also the target of public criticism. In the Internet age where 'everyone wants to sing', on the one hand, the ability to suppress the opponent's strength It is difficult to grasp the degree of seriousness, and on the other hand, public relations have taken on a new form—always keeping in mind the low-keyness of doing something that cannot be said is a necessary homework.”

Brad Swahlberg was very optimistic, After the company goes public,

The public relations network has expanded more directly, and the threat of anti-monopoly should be significantly lower than in previous years.

Tang Huan shook his head, Crying children have milk - 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 emphasizing this issue, Brad Swahlberg mused and said: Now Zheru Software is so popular, everyone from top to bottom is inevitably a little proud; if we want to keep a low profile collectively, we really have to work hard. .”

The richest man gave an example earnestly, At the beginning, when AT\u0026T was pursued by MCI to sue for anti-monopoly, one of the strong evidences in court was that there were meeting tapes that really told how to squeeze out competitors—— It is still necessary to remind everyone not to get carried away with ideological work.

Brad Swahlberg thought for a moment, and then replied, I think I understand what to do in terms of company culture.

The advantage of leading troops by yourself is that it can only be understood and cannot be explained in words. Tang Huan stopped nagging—if someone in the industry is really close to succeeding in rebellion, then use US dollars as a unit of 100 million and spend it. Anyway, the listing not long ago 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 and issue warnings in advance.

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After temporarily withdrawing from the dizzyingly competitive it circle, the richest man first discussed the construction of the California high-speed rail extension line with Jerry Brown, chairman of the board of directors of the California High-Speed ​​Rail Authority.

Of the traditional ways to travel between San Francisco and Los Angeles, the plane is undoubtedly the fastest, about an hour and a half, while the National Railroad passenger train takes at least nine hours; the efficiency of the car is about in between— —If you take into account the time cost of rushing to the airport and road congestion, the journey will obviously not be so ideally smooth.

In contrast, despite all difficulties, mainly human constraints, the construction of the California high-speed rail has shown unparalleled advantages, and has clearly and profoundly affected people's daily life.

At present, the California high-speed rail runs between San Francisco and Los Angeles. The time is about four hours, which is slower than the plane and faster than the car. In the foreseeable future, after the speed is increased, 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 cities along the route, in various fields, including the economy.

Driven by the inertia of seeing good things and applauding loudly, the extension of the California high-speed rail from San Francisco, through the Central Valley to Sacramento, the capital of California, has been called for construction for several years.

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

Now, the preparations for the relevant construction are basically ready.

In terms of required funds alone, even if factors such as inflation are taken into account, the extension of the northern section is still far lower than the original California high-speed rail, which cost more than 30 billion U.S. dollars.

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

With everything going smoothly and orderly, Tang Huan focused on other issues.

He also praised the quasi-militarized management of the daily operation of the California high-speed rail, and then expanded on this: The bombing of the World Trade Center in New York in February last year, and the sarin attack on the Tokyo subway launched by Aum Shinri~ in March this year The poison gas attack and the Oklahoma City bombing in April remind us that important public service facilities like the California High Speed ​​Rail should not only guard against natural disasters such as earthquakes, but also be wary of man-made disasters.

Regarding this point, Jerry Brown said deeply: Security management does not only depend on hardware investment of real money.

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 countermeasure is, it will be a decoration-the quasi-militarized management of the California high-speed rail, after going through various After the controversy, it has now become a unique landscape. In addition to being pleasing to the eye, passengers also feel very safe.

After reaching a further consensus on this issue, Tang Huan turned to energy again, California's power industry has been taken over by a powerful lobby group represented by Enron in Texas, and reforms are about to take place-the It is hard to say the advantages and disadvantages. But one thing should not be wrong, the power supply in California may be driven by commercial interests under certain circumstances, resulting in fluctuations.”

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

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

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

The richest man made a statement, My investment is entering the California power industry, which should be able to provide supplementary guarantees of 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 also pay attention to this issue.

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Next, Tang Huan will once again start his trip to Asia within the year.

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

Among the many functions of the Shennong Foundation for the richest man, the think tank is becoming more and more important.

Take Tang Huan's social experiment in Funan as an example. Expert advice and suggestions are absolutely indispensable for how to do it around the great idea.

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

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

Of course, with his academic level, Paul Krugman has now been greatly 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 John Bates Clark, an American neoclassical economist. It was established in 1947, the centenary of his birth, and is issued by the American Economic Association every two years. and for an outstanding contribution to economic thought and knowledge.

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

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

Perhaps it would be more vivid to list the numbers—the John Bates Clark Award, which is only awarded to American economists, has a total of 25 winners from 1947 to this year; Seven out of 26 Bell Prizes in Economics have been awarded to John Bates Clark Prize winners, a ratio of nearly 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, attacking the Asian Economic Miracle statement.

He believes that East Asia's economic growth is the result of long-term increase in capital investment. The growth of total factor productivity is actually negligible.

To put it bluntly, some countries with such gimmicks as the Four Asian Tigers and Five Asian Tigers rely on the growth of exports and real estate bubbles brought about by hot money instead of the growth of total factor productivity for their economic prosperity.

You should know that Foreign Affairs magazine is sponsored by the famous American think tank Council on Foreign Relations. It is one of the most authoritative and influential academic journals in the field of international affairs and foreign policy research in the United States.

When Paul Krugman fired such a cannon, naturally there was a lot of repercussions.

However, this kind of prosperity and danger is basically difficult to be recognized.

At the end of the day, Paul Krugman doesn't have a godhead right now.

But there is one exception, the richest man has listened to it in his heart, so today he joined in the fun.

Tang Huan is no stranger to Paul Krugman, but at the scene, he was still amused by the bluntness of the other party's remarks, which led to a tense debate with other experts.

In such a short amount of time, the level 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 took Silicon Valley One and went directly to Xiangjiang.

Unexpectedly, the atmosphere here is now delicate, and some people don't welcome Mr. Richest Man—what are you doing in Xiangjiang?