Chapter 315 Loss of US$100 Billion

While Li Zetian was working on developing the WWW World Wide Web, Oracle's listing plan was in full swing!

Oracle's total sales last year reached US$3 billion. With the further popularization of computers and networks, sales will further increase in the future. Wall Street investors are optimistic about Oracle's development. Since Oracle announced its listing plan , many companies came to us and wanted to become the lead underwriter.

As usual, Wells Fargo is one of them. In addition, umbrella insurance companies have also been added this time.

With the full support of Li Zetian, Umbrella Insurance Company has developed rapidly and has a considerable scale. It has been qualified to serve as the lead underwriter of Oracle's IPO.

On May 1, 1987, Oracle was officially listed, and Li Zetian went to Nasdaq again to ring the bell.

In this IPO, Oracle issued a total of 100 million shares, accounting for 20% of the total share capital. The issue price was US$12 per share, which was a pre-listing valuation of US$6 billion.

On the day of listing, Oracle's stock price soared. The stock price before the close was US$18.6, and Oracle's market value was US$9.3 billion.

“The market value of technology stocks is so high!!!”

"Looking at the situation, Oracle's market value must exceed US$10 billion. How did Chronos Li think of investing in this company in the first place? He is so visionary!"

"..."

After people saw Oracle listed, they were shocked, and they were full of admiration for Li Zetian's investment vision.

The Wall Street Journal couldn't help describing Li Zetian like this: "Any genius in the current investment community will be eclipsed by Chronos Li. He is the real king of investment!"

The Los Angeles Times reported in detail how Li Zetian originally invested in Oracle, spending only a few million dollars and getting a 10,000-fold return.

One successful case after another happened to Li Zetian. This is not luck, but strength. Nowadays, many people regard Li Zetian as the "vane of the investment community", and any direction in which he invests will definitely be correct.

Li Zetian did not stay in New York long, and soon returned to Los Angeles and devoted himself to work.

For him, the listing of companies has become a common occurrence and is no big deal.

A month later, Li Zetian and Sun Microsystems worked hard and finally developed the WWW World Wide Web.

When the project was completed, the office erupted in laughter.

A smile appeared on Li Zetian's slightly tired face, and he whispered to Dr. Jim Clark, the company's CEO, who was standing next to him: "This WWW World Wide Web is the first version and is not perfect yet. We can publish it first. Go online and let everyone download it for free, then collect user feedback and then make modifications and improvements.”

"Yes." Jim Clark nodded and said with a smile: "This is a good idea. Let everyone help us find bugs!"

Li Zetian thought for a while and then said: "In addition, we'd better hold a press conference to focus on announcing the WWW World Wide Web. On the one hand, it will play a promotional role, and on the other hand, it will help establish standards!!!"

"Okay, I understand this!" Jim Clark said.

"Dr. Jim Clark, I leave all the WWW matters to you!"

"Mr. Li, don't worry, I will promote the development of WWW as soon as possible. When more people use it, our web server will make money!"

"Um."

Li Zetian then left and went to Clay Laboratory.

Last time, Li Zetian proposed the combination of supercomputers and artificial intelligence. Now, Evolver Robotics Company has sent people to Clay Labs to collaborate. Li Zetian himself is also a leader in the field of artificial intelligence research and development, and he is very interested in artificial intelligence playing against the world chess champion. Therefore, he has been involved in the development of two projects, WWW and artificial intelligence.

Now that WWW is developed, he can devote all his energy to developing artificial intelligence.

WWW is an easy development, but artificial intelligence is a big challenge, especially since the computing speed of current supercomputers is unsatisfactory.

In Clay's laboratory.

Li Zetian looked at the crowd and said in a deep voice: "It will take us two years to develop an artificial intelligence that can play chess! I know that it will be extremely difficult for artificial intelligence to defeat the world champion. But the more challenging something is, the more fulfilling it will be! Do you have the confidence?!"

Everyone was united and responded in unison: "Yes!!!"

"Okay, everyone, keep working!"

…

…

In early June, Sun Microsystems held a press conference.

The press conference was packed with people and seats were packed.

"Oracle has just gone public, causing quite a stir. Sun Microsystems has held another press conference. Isn't it another shocking thing?"

"It's very possible! I heard that Chronos Li has been working at Sun Microsystems for many months. Maybe he is secretly developing something? However, it should be revealed today!"

"oh!"

For this press conference, Sun Microsystems invited a large number of schools, companies and research institutions. After the press conference began, Jim Clark solemnly recommended the WWW World Wide Web to them in a concise and comprehensive manner.

After everyone heard this, they were shocked.

"Everyone, please look at the big screen. This is made by us using the WWW World Wide Web. It belongs to the official website of Sun Microsystems!"

There is a web page on the screen with an introduction to Sun Microsystems, products, communication and comment area, and related news.

Although it was simple, it shocked everyone in the audience.

"This is the World Wide Web. It's so interesting and practical."

“The content is all on one page, just like a book!”

Seeing everyone's excited reaction, Jim Clark smiled and said: "No matter where you are, as long as your computer is connected to ARPANet, NSFNet and SprintNet, you can log in to the website and browse information through the network, which is very convenient. Everyone has also seen , there is also a communication and comment area on the webpage. You can leave us a message and we will try our best to reply to everyone!

Of course, everyone has also begun to use the World Wide Web and develop their own websites. Let me tell you some good news. Chronos Li said that in order to promote the development of the Internet and promote the exchange of information, he is willing to make the World Wide Web free forever! "

What? !

Free forever? !

When people heard that the World Wide Web was completely free, they were all surprised and thought they had heard wrong.

A middle-aged man sitting near the front of the audience couldn't help but asked loudly: "Mr. Jim Clark, is the World Wide Web really free forever?"

"Yes, free forever!" Jim Clark nodded and smiled.

Hearing the affirmative answer, everyone in the audience was excited.

Although they do not realize the value of the World Wide Web, they know that this thing is very good and they can use it. It is a very good network product.

After the press conference, many people stayed and asked Sun Microsystems to learn more about the World Wide Web.

A month has passed and the promotion of the World Wide Web has gone very smoothly.

Many universities, companies, and institutions around the world have used the World Wide Web.

According to statistics from global domain name agencies, more than 1,100 domain names have been applied for this month.

At the same time, some bugs appeared on the World Wide Web, but since the product was free, it was hard for others to say anything. Sun Microsystems made timely modifications and improvements based on bug feedback.

Li Zetian thought secretly that when the World Wide Web matured and there were more users, he would launch a browser. Haste makes waste.

…

One afternoon, Li Zetian was developing artificial intelligence in the office.

Dongfang Yuqin suddenly walked in with a serious face and said: "Mr. Li, the think tank just called me and told me something. I think this matter is a bit serious and you need to make a decision!"

Li Zetian frowned slightly and asked, "What's the matter?"

Dongfang Yuqin sat opposite him and said in a deep voice: "They researched and found that a major stock market crash may occur in the United States!"

Li Zetian was shocked when he heard this, and thought to himself that they had actually speculated that "Black Monday" would break out in the United States.

"Mr. Li, they say this stock market crash is no small matter! The U.S. economy has been in recession. Logically speaking, the Dow Jones Index should have fallen. But the reaction in the stock market is very abnormal and has been rising. If it accumulates over time, problems may arise. "Recently, the stock market has shown signs of decline, and the fluctuations are relatively large. If one of them is not good, it may trigger an avalanche and lead to a major stock market disaster!" Dongfang Yuqin said with a serious expression, "I think the think tank's analysis is very reasonable, that's why I'm so anxious. inform you!"

Li Zetian said very calmly: "Well, I also think the think tank's analysis is reasonable! The U.S. economy affects the whole world, and it affects the whole world. If a stock market crash occurs, it will inevitably affect the whole world. You go and give the order, in the latest period Time, the company shrinks its front and reserves funds to cope with the disaster that may happen next.”

Dongfang Yuqin hesitated and asked: "Mr. Li, if the think tank's analysis is wrong, then if we do this, it will slow down the company's development..."

"Don't be afraid of ten thousand, just be afraid of what happens."

"Ok, I see."

Just when Dongfang Yuqin was about to leave, Li Zetian stopped her: "Oh, by the way, how much money does the umbrella company still have on its books?"

"Eight billion U.S. dollars were distributed as dividends at the end of last year, and there were originally 2.4 billion U.S. dollars. Now the total is 10.8 billion U.S. dollars!!!"

"Well, this much money is enough for us to cope with the stock market crash. At the same time, we can also take the opportunity to eat other companies!" Li Zetian smiled, then waved his hand and said: "Okay, it's okay, you go and do your work! After you are done, Help me collect information about some big companies!"

"Hmm~~"

Li Zetian watched Dongfang Yuqin leave.

This year has gone so long, and Li Zetian has not made any big moves. The umbrella company has reserved enough funds, just waiting for "Black Monday" to appear.

Time passes day by day, and Li Zetian will be paying attention to the situation of the stock market tomorrow.

By October 16, the Dow Jones Index began to decline significantly, falling by more than 91 points (about 5%) that day.

However, people think it is normal.

What goes down will naturally go up.

The 17th and 18th are Saturday and Sunday respectively, and the stock market is closed.

Two peaceful days passed quietly.

On October 19, the Dow Jones Industrial Average in New York suddenly plummeted, with a tendency to plummet.

At this time, the New York Stock Exchange was crowded with people, and everyone was terrified!

"What's going on? Why did it suddenly fall so much?!"

Because when the market opened, it suddenly fell too sharply, causing panic among investors, and the stock market then continued to plummet. The situation could almost give people a heart attack.

The U.S. stock market has fallen so badly that other places have naturally been greatly affected.

At 10 a.m. Hong Kong time, the Hong Kong stock market opened on time. As soon as the market opened, the Hang Seng Index panicked and fell 120 points due to the influence of New York. It closed down 235 points at noon. It closed down a total of 420.81 points throughout the day, closing at 3362.39 (more than 10%). The futures index fell by more than 300 points in each month. Affected by the plunge in Hong Kong, stock markets in the Asia-Pacific region fell across the board, and the effect extended to the European market like a domino as the markets opened in various time zones, and eventually circled the world back to New York: the Dow Jones Industrial Average fell sharply by 508 points (more than 20% ).

Such a large global stock market cannot be calmed down all at once.

In October, Hong Kong fell by 45.8%, XN fell by 41.8%, London fell by 26.4%, and New York fell by 22.6%.

The Los Angeles Times reported: “Due to the outbreak of the global stock market crash, Chronos Li’s net worth has shrunk severely, and he has lost at least US$100 billion!”

Li Zetian smiled faintly at this: "Not only did I lose 100 billion US dollars, it was obviously much more than 100 billion US dollars! However, I don't care, the stock price will rise again in the future. Now, it's time for me to harvest!!!" Before that, Dongfang Yuqin collected a large amount of company information for Li Zetian, especially the telecommunications industry and banks.

"Mr. Li, your decision at that time was really decisive. The stock market crash actually broke out!" Dongfang Yuqin can't believe it until now, especially because the stock market crash was so serious. When she looked at Li Zetian, her beautiful eyes flashed. The light of worship.

Yu Jingqiu, who was sitting on the sofa and applying a facial mask, was also surprised and couldn't help but said: "This stock market crash happened so unexpectedly, without any warning. My dear, you can deduce Black Monday from just some clues. It's really It’s shocking!”

Li Zetian was used to the "use doctrine" and was very thick-skinned. He smiled and said: "It's nothing. How could the U.S. stock market crash escape my clever calculation? After I saw the intelligence from the think tank, I also thought that the stock market crash It’s extremely explosive, so naturally you have to make a prompt decision!”

Yu Jingqiu looked at him with a hint of doubt in her eyes and said, "I don't know why, but why do I feel that you have known that a stock market crash would break out in the United States since the beginning of the year?"

Li Zetian's expression was startled. Damn it, is this a woman's intuition? ? So accurate!

"Uh, how is that possible..." Li Zetian shook his head.

"In the past two years, after receiving the dividends, you always wanted to spend them. But in 1986, you kept the dividends."

The weather was already very cool, but Li Zetian felt dripping with cold sweat.

"Because one or two years have passed, the rate of depreciation of the U.S. dollar has begun to slow down. Umbrella companies need to reserve some funds to deal with emergencies, such as this Black Monday."

"Yeah, that's right!"

Yu Jingqiu responded, then lay down on the sofa, her head resting on Li Zetian's thigh.