North American time, October 23 at 9 a.m. Since Chu Qing invested in Yahoo, it has only been a year.

Shen Lanpeng sat in the middle of a bunch of investment institutions, with Morgan Stanley's vice president Quart Anderson on the left and Sequoia's senior partner Bucksd on the right.

He also has SoftBank's Masayoshi Son on his side, who came in the last round. In addition to the people from these investment institutions, there were also the two founders of Yahoo and some executives.

Shenhai also owns 9.72 percent of Yahoo. Among all seven investment institutions, it is the second largest institution after Morgan Stanley.

This is also the reason why Shen Lanpeng can sit next to Quart Anderson. At 9:20 a.m., Yahoo began the call auction.

Shen Lanpeng adjusted his seat, trying to make himself look less nervous. There was an electronic screen across from them.

Shown above is Yahoo's initial share price of $13. As with many pre-IPO tug-of-wars, this is the best outcome of a three-month tug-of-war between Yahoo's management and its underwriters.

The underwriters have sold out the shares at this price through various channels. Now is the last moment to enter the public market.

Don't look at the people present who are sitting very steadily, but when the first purchase order came out, Shen Lanpeng still felt the tension of the atmosphere.

The thirteen-dollar bill was quietly hung on the electronic screen. Thirty seconds later, there was no response, and when the second buy order came out, David Philo, one of the founders of Yahoo, couldn't help but stand up.

Fourteen dollars! Fifteen dollars! The bidding rose little by little, and everyone here couldn't sit still and stand up.

When the bid came to twenty-nine dollars, Shen Lanpeng obviously saw that Yang Zhiyuan's eyes were turning red, which was a manifestation of being too emotional.

The main reason is that at this price, there are still no sell orders.

"You've made a good business." Quart Anderson looked at Shen Lanpeng, the only one who was still sitting like him, and praised him sincerely.

Deep Sea was the only one of the institutions present to participate in the angel round. With an investment of half a million dollars, thousands of dollars were reaped in one year.

This is not only a good business, it is simply a blood profit, and if Yahoo succeeds this time, it will be an investment example that can be written into a financial textbook.

It's no wonder that this Shen can look at the stock market at the moment so calmly, if this business is done by him, he estimates that he will be more stable now.

"Thank you! This is mainly due to the good vision of our boss. Even if the boss was not there, Shen Lanpeng still didn't dare to take credit.

After all, this investment has nothing to do with him from beginning to end, and he is only half a tool man here.

It's just that the reason why he can still sit at the moment is not that he is really determined. It's that he's been stimulated once by his boss's generosity.

In the current situation of Yahoo, even if it goes public, it will only be a few hundred million dollars at most. And his boss invested $800 million to build a wafer factory not long ago.

"Yes, his luck is so good, I heard that he once said that he was a pig on the cusp. It's a really interesting person. "As Yahoo approaches to go public, Deepsea is a big name in the entire financial circle.

So much so that even Chu Qing's entrepreneurial history has been taken out for research by many people. It was only then that they knew that the big boss behind the deep sea would actually be such a powerful and wonderful person.

In just a few years, we can grow up in a backward place like Huaguo and achieve amazing achievements.

"Yes, we caught up with the good times of the internet." As he spoke, Shen Lanpeng motioned for him to look at the electronic screen.

"Thirty, Oye!"

"Yay! Yay~" The crowd who had been staring at the electronic screen burst out with a beast-like roar at the moment when the stock accounted for thirty dollars.

In the originally silent room, like a lit explosive barrel, everyone's emotions exploded directly. Thirty dollars is something that no one thought of beforehand.

Even when Yang Zhiyuan was pulling with the underwriters, they only expected that $20 would become Yahoo's limit.

After all, compared to when Netscape went public a few months ago, Yahoo is only making a profit of tens of thousands of dollars now.

"It worked! I really made it! Yang Zhiyuan, who had just become a billionaire, grabbed Shen Lanpeng's hand with red eyes, and yelled and screamed there happily like a child.

I thought of the plan I sent to the deep sea far away in the capital with the mentality of giving it a try. He really didn't expect that the other side would agree to invest, and it would be 500,000 US dollars as soon as he made a move.

This was really angelic warmth for them at that time. Thinking of the deep-sea boss I had never met.

Yang Zhiyuan only felt that everything was like yesterday. Although it was only one year, it was a long time for him.

From a student to a billionaire, he still feels a little unreal.

"Yes! Congratulations, we've all made it! Quart Anderson on the side also smiled and showed his white teeth, raised his hand and looked at the time to remind Yang Zhiyuan.

"But gentlemen, we need to go out and ring the bell now!"

"That's right! Ring the bell! Today is our Yahoo moment. "The NASDAQ has been implementing electronic trading for a long time, so unlike the Modu stock market, it doesn't really hang something for you to knock.

A group of people came to the studio that served as a media corner with a flushed face. Reporters and cameras were already ready, and when everyone showed up, the applause and cameras were pointed at them.

"Whoa!"

"Hugh!" The noise at the scene made the atmosphere even more enthusiastic, and Shen Lanpeng couldn't help but feel the urge to scream, but fortunately, he knew his identity at the moment, and he represented the deep sea.

Yang Zhiyuan and David Fino stood in the middle, and Shen Lanpeng and Quart Anderson accompanied the two of them.

A small table in front of it with a round button on it. Pressing is the completion of the so-called bell ringing.

When the time reached half past nine, with the joint efforts of everyone, they pressed the round button.

"Peng!" The ribbons and colored paper prepared in advance were sprayed out and sprinkled on the top of everyone's heads.

"Kacha Kacha!" The reporters and media who had been waiting for a long time pressed the shutter in their hands, and the microphones and cameras were all aimed at the people above.

As the second Internet company to go public, Yahoo has naturally received a lot of attention from the outside world. As the first venture capital to invest in Yahoo, Shen Lanpeng has naturally been patronized by the media.

"Shen, can you tell me why Shenhai took a fancy to Yahoo in the first place?"

"It's because of the Internet, and we've always believed that the Internet will be the future, so the moment we saw Yahoo, we were sure of it." Shen Lanpeng knows the tone of the media here very well and knows what they want to hear.

Two Internet companies have been listed in less than three months, which is very illustrative of the purpose of the US government.

Advocating the Internet is a very useful tool.

"This investment has made you tens of millions of dollars, will you continue to invest in other Internet industries?"

"Why not? Both Netscape and Yahoo have proven themselves with their success. Therefore, other Internet companies, if they want to invest, they can come to Shenhai as much as they want!

"I heard that you have also invested in the chip industry, do you think the chip industry will also be the future?" Just yesterday, Xiangjiang and BBK released the news of the establishment of Qiangxin International.

It stands to reason that the news of the construction of a wafer factory will not attract too much attention. But this time, I don't know why, many media here in the United States have reported it.

It's just that the content in it is very interesting, and for such a large investment, it has been unanimously looked down upon by the media in the United States.

Especially when some media learned that BBK had just received 800 million orders from Walmart and Hills.

Many media directly described BBK as a whimsical nouveau riche. With the listing of Yahoo, the relationship between Shenhai and BBK has also been reported.

Although the deep-sea is registered in the Cayman Islands, it is not difficult for the industry to find out the real information about them.

"Yes, we are optimistic about all industries that will drive future development."

"So you're learning from Sony?" Shen Lanpeng didn't expect the reporter to suddenly ask such a question, and smiled slightly.

"There's nothing wrong with being the next Sony. All right! That's the end of the interview, today belongs to Yahoo! You can ask more about Yahoo, I'm sure investors will want to know. Shen Lanpeng had no intention of saying more, took a step back, and directly gave the scene to Yang Zhiyuan and other founders and executives.

I don't know when it started, some media began to pull backgammon out and compare it with Sony.

They believe that the direction of development of backgammon is to learn from Sony. Whether it is starting with electronics, or stepping into entertainment, making investments, and now building a wafer factory, it is even more rushing to the whole industry chain.

With the successful listing of Yahoo, more and more media outlets began to analyze and report on the deep sea and the backgammon behind it.

It's not that there's really anything special about backgammon. At present, the world's large enterprises basically follow such a set of whole industry chain model.

The reason why they are interested in the deep sea and backgammon, the real purpose, is because they are from China.

Coming from a country that is barren and backward in their eyes. From the DVD standard a few months ago, BBK began to smash and promote it frantically for Xbox game consoles, and now there is a multiple halo of investing in the most cutting-edge technology Internet.

This has led to a lot of media coverage.

"In the past few days, the media here has begun to report spontaneously, and I think our own guidance should be temporarily suspended." Shen Lanpeng attended the celebration banquet for Yahoo's listing, and rushed back to Shenhai's office in Seattle the next day.

On the seating of the office was a large stack of newspapers and magazines from various houses. Meng took a sip of strong tea, and then asked the person opposite him with some worry.

"The results of the first phase are not bad so far. However, we can't relax, we still need to guide the fabs and nouveau riche. You have to make them believe and remember that the boss is an upstart, and making chips is a hot head when he is rich. Lin Maozhong looked at the newspaper in front of him and flipped through the reports of several large media outlets.

Although there is something about the deep sea and backgammon, it is more because of the leftovers brought out by Yahoo's listing.

Specifically for backgammon and the deep sea, they are some second-rate newspapers and periodicals that are not in the stream, reporting in a gonzo way.

And there are several of them who are connected themselves.

"I really don't know what to do with such a large-scale smear of the boss and in the end if it doesn't work." Shen Lanpeng shook his head with a wry smile.

He really can't understand that the boss sent Lin Maozhong, the operation director of backgammon, to personally come to the United States to spread rumors and smear himself.

Even if the procurement of the wafer factory can pass the review smoothly, there is no need to use such self-destructive tricks.

"I won't know if it has any effect, and besides, these false names are nothing to the boss." Ye Maozhong has been the director of operations of BBK since then.

Basically, all the publicity planning of BBK in the past year or so has come from his team. He also has a professional market analysis team in his hands.

This self-hacking campaign is a method derived from his operation team after a lot of analysis.

The equipment procurement plan of Qiangxin began to be implemented at the moment of establishment. In order not to follow the old path of Huajing and the future Huahong, Chu Qing aimed at international advanced equipment at the beginning.

It's just that although these devices are not available in Batumi, they still have the approval of various departments in the United States. There is less than half a year left until June '96.

Chu Qing didn't have that much time to take the channel slowly, so he could only take a quick decision, even if he was self-defiled, as long as he could let them relax their vigilance.

Just when Lin Maozhong and Shen Lanpeng were busy guiding and smearing their boss in the media. Warren Buffett, who has just returned to the United States, is also looking at a piece of information about Chu Qing.

The reason why Warren Buffett is known as the god of stocks is that in his decades of investment career, he basically only makes the most stable investments.

His so-called stability is not to make 100% money. It's about making sure that you don't lose money for the most part. In his eyes, it is a miracle that Internet companies like Yahoo and Netscape can have such an effect when they go public.

Miracle means uncertainty for him, and in his investment creed, he will not invest in anything he is not sure about.

From the moment he was optimistic about BBK, his analysis team was collecting all the information about BBK and Chu Qing.

Twenty days is enough time for them to collect all the information they can collect so far and make targeted analysis.

The first line of Chu Qing's information is three words. Decisive and witty, the marketing master saw this comment and thought of the deep sea that many media in the United States have been reporting recently, and Chu Qing's nouveau riche personality.

The corners of Buffett's mouth couldn't help but smile slightly. It seems that this strong core has really put a lot of effort into the strong core that has not yet started.

If he hadn't specifically found someone to analyze him, he might have been deceived by those media reports.

Thinking of the scene of the last inspection in backgammon, combined with him and these comments, a character model who knows how to use every opportunity to fulfill his dreams appeared in his heart.

To invest is to invest in people. This is an unchanging truth in the investment world. It's just that in Buffett's case, he will add one more thing, and that is the way of business operations that he can control.

Fortunately, Chu Qing did all this, he could see it clearly, and he could also understand the direction and purpose of his operation.

So he is optimistic about backgammon, and he is even more optimistic about Chu Qing. It's just that for now, BBK is not listed, and it is not too likely to invest in him.

Then Buffett set his sights on another piece of information. Where is a string of names written on the cover - Tesla.