Igret's 1992 earnings report was so eye-catching that many people tried to keep a low profile, but they failed to do so.

The San Francisco Chronicle, a subsidiary of the Hearst Group, published an article on the front page of the newspaper on the third day of the annual earnings report, titled "Internet Industry Explodes, Igrett Grows by 400% Yearly".

It is not uncommon for a company with revenues of only a few million or even tens of millions of dollars to grow by 400% per year.

However, it is a miracle in the history of global business that a company with a revenue of 100 million yuan jumped from $491 million to $1.937 billion in annual revenue, and it was not a merger, but just a natural growth of the company itself.

You must know that the top 500 American companies in 1992 according to Fortune magazine had a revenue entry threshold of only $528 million.

The company's revenue of $1.937 billion in 1992 was enough to rush to the 219th place if it had been declared to participate in the Fortune 500 auction of the top 500 companies in the United States. Even in 1992, when the entry threshold reached $2.329 billion, the world's top 500 list, Eaglet was very close.

Whether it is a Fortune 500 company in the United States or a Fortune 500 company, it is not so easy to enter.

Take the Fortune 500 companies in the United States, for example, the average age of all these companies on the list in 1992 was 42 years old, while Igrete was only established for 4 years.

Moreover, four years ago, most of the public did not even have any concept of the Internet industry. In other words, Igrete is equivalent to creating a new industrial field.

This is basically the same thing.

With the release of the front-page article in the San Francisco Chronicle, there was an influx of exclamation, questioning and attacks from all sides of the media.

In recent years, Egrett has made it clear that traditional print media platforms are under threat through several excellent news events.

Although the advertising revenue from the portal only accounts for about 10% of the total revenue in the company's financial report, the traditional media is still on the verge of a big enemy, and the Boston Globe, which has a large influence on the East Coast, unabashedly attacked the company's financial report as grandstanding and misleading to capital and the public, so it even asked the federal authorities to investigate this "ulterior motive" article.

No matter how fierce the doubts and attacks from the outside world were, with the release of the article, the capital market was still quick to make the most direct response to the US technology stock sector.

Egrete is not a publicly traded company, but Cisco and AOL are.

Moreover, the three companies have jointly created a complete Internet industry chain, which can be seen by anyone with a discerning eye.

As a result, the market value of the two companies, which had just broken through the $20 billion market value in early February, rushed directly to $30 billion with the release of their own financial reports that also increased sharply and the explosive annual financial data leak of Eagle Rite.

In the midst of the disturbances, the time entered March 1993.

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

On March 2, Bill Clinton, who has been in office for less than two months as president, officially began his visit to Silicon Valley in a busy schedule, during which Bill Clinton visited the headquarters of Hewlett-Packard, Intel, Cisco, AOL, and Igret, and delivered a speech on the "Information Highway Plan" in the auditorium of Stanford University in the afternoon of the same day.

Bill Clinton's visit to Silicon Valley, three of the five companies on the agenda belong to the Westeros system, even if no young person was seen during the entire visit, such an arrangement is enough to show the obvious close connection between the Westeros system and the new president.

As a result, the day after the visit, Cisco's market capitalization officially crossed the $30 billion mark in the technology sector on the rally again, and at the end of the day, it was frozen at $31.2 billion.

And that's just the beginning.

Then, in the second week of March, on March 8, the U.S. Senate formally voted to pass the "Information Highway Plan" bill, which has been in the works 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 of this 20-year plan with a total investment of $400 billion is to build a comprehensive information network composed of communication networks, computers, databases, and everyday electronic products to provide the public with a large amount of information.

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 the protection of intellectual property rights,' and so on.

Historically, when the Information Superhighway Project was launched in 1993, Netscape had just been born, AOL had not yet risen, and Yahoo was nowhere to be seen.

This time, under the advance promotion of the Westeros system, AOL, Cisco and Egrett have all risen in advance, and both capital and the public are very intuitive to understand the impact of the arrival of the information age on the whole society.

As a result, when the "Information Superhighway Plan" was officially released, the U.S. technology stock sector did not go through the gestation from 1993 to 1995, but directly began to take off.

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

At the close of trading on March 9, the market value of Cisco, a near-monopolistic basic network equipment market, reached $35.1 billion, and the market value of AOL also reached $30.9 billion.

Other important technology companies, such as Microsoft, Intel, Apple, Sun, etc., are also on a rapid upward trajectory these days.

This is crucial for the Internet industry in March, and certainly not with the publication of a bill that may require long-term results.

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

In the past, the Windows 3.2 system was released in 1994, and compared with the Windows 3.1 system, the improvement was not large, mainly due to the addition of multi-language support including Chinese.

This time, the Windows 3.2 system, although it was released a year ahead of schedule, is a new system specially customized by Microsoft for the arrival of the Internet era, which greatly enhances the support for multimedia services such as network, image, audio, and video. Not only that, the Windows 3.2 system also launched the 'Start' menu, which is crucial for the Microsoft Windows platform, in advance.

Simon had already gotten the trial version of Windows 3.2 three months in advance, and in his opinion, the operating system equipped with the 'Start' menu in advance was already very small from the classic Windows 95 in memory.

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

On March 12, the second day after the release of Microsoft's Windows 3.2, Intel Corporation released the first-generation Pentium processor with basic parameters in October last year, and officially began to be introduced to the market.

The Pentium era begins.

In the original time and space, it was by relying on the Pentium series processors that Intel completely ended the state of PC processor chip competition, and the x86 architecture dominated the rivers and lakes.

As of the close of trading on March 12, Microsoft's market capitalization reached $32.6 billion, making it the second new technology company to exceed $30 billion after Cisco and AOL.

Because of Apple, Motorola, AMD and many other competitors, Intel's market capitalization, although it has also been affected by the recent popularity of technology stocks, has not made much breakthrough, and the market value is fixed at $26.1 billion on the day, which is still quite far from $30 billion.

However, when the day ended, many media couldn't help but fall on these four companies that were heavily owned by Westeros.

March 12 is Friday, and in addition to Microsoft and Intel, Cisco closed with a market capitalization of $35.6 billion and AOL with a closing market capitalization of $31.7 billion.

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

Any one of the first two companies has surpassed the $15 billion personal assets of Japan's richest real estate company, Yoshiaki Ti, who was ranked second on the list of the world's richest people in 1992.

Combined, the value of the shares of the four companies reached 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 billionaire with 100 billion dollars.

Originally, many people were skeptical of this.

Even though Westeros' personal assets in 1992 had reached $65 billion, how could the $100 billion threshold be so easy to reach?

Now, just the four technology stock companies held by Westeros have brought Simon's personal wealth to 49.7 billion US dollars, plus Daenerys Entertainment, Cersei Capital, Melisandre Company, Igrit Company and a large number of assets under Westeros, there is no need to wait for the release of the Forbes rich list in the second half of the year, Simon Westeros's personal assets have obviously exceeded 100 billion US dollars.

When some media outlets had begun to quietly tally Simon's personal net worth in order to gain some attention and sales, another piece of news came out the following weekend.

Westeros' Alongside Cisco and AOL, Alongside Cisco and AOL, will raise its first external equity financing to sell a 10% stake.

Offer, $1.5 billion!

When many people saw this news in the media, their first reaction was that the lion opened his mouth.

However, silence followed.

A 10% stake of $1.5 billion means Westeros values Eaglet at $15 billion.

For companies with similar market capitalization in the market, the revenue and profit scale should also be around $5 billion and $500 million based on a higher price-to-earnings ratio of $3 billion.

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

It's just that Igret, obviously, can't be classified as a traditional business.

This is an internet company that has been highly sought after in recent times.

And almost dominates the World Wide Web portal.

It's not that other tech giants in the industry are looking for new network technology standards to circumvent the patent barriers of Igrete World Wide Web technology, but the development of the World Wide Web is too fast, and at this stage, 90% of Internet sites use World Wide Web technology, so that for ordinary people, the World Wide Web is actually equivalent to the Internet.

Therefore, even if other web technology standards are introduced, the first thing to be achieved must be compatibility with the World Wide Web.

Otherwise, your network won't be able to connect to 90% of the Internet sites, so what's the point?

To achieve compatibility with the World Wide Web, it is simply impossible to bypass World Wide Web patents.

As a result, anyone with a discerning eye knows that the difficulty of creating a network standard that competes with World Wide Web technology is like creating a compatible DC system in the AC grid system that has been widely used in the world, and there is no possibility of achieving it.

Since you can't compete with the World Wide Web, you have to join it if you want to get a piece of the industry.

In the past few years, Egrete has also shown considerable openness, and in addition to some patents related to core business interests, Igreit's free release of World Wide Web technology is enough for other new technology companies interested in this field to develop their own businesses.

However, the market created by this openness cannot be as valuable as the company itself.

As a result, since the emergence of the Eagle Company, many people have been closely watching the development of this company, and more than once they have been testing the Westeros system to see if they can invest in this company.

The answer in the past was naturally not specific.

Relying on the profits contributed by companies such as Daenerys Entertainment and Cersei Capital, the Westeros system does not have a tight need for funds, and even if there is a lack of money, with the background of the Westeros system, it is enough to easily obtain a $1 billion loan from major banks.

As a result, many people once thought that the company might remain absolutely private for a long time.

Unable to get involved in it, some forces have begun to think about how to 'remind' Simon Westeros not to eat alone.

Unexpectedly, with a series of major events related to the field of new technology in March, the Westeros system took the initiative to release the news that Egrett would carry out external financing.

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

However, the result deviated from the imagination.

A 10% stake, $1.5 billion, is just too expensive.

Even if it is clear that Egrett is indeed worth this price, it's just that $1.5 billion, not $150 million, let alone $15 million.

With such a huge amount of money, only 10% of the shares of a company can be obtained, and any capital interested in Igrete will inevitably hesitate to do so.