Chapter 287 1998

There has already been a grand IPO of Paladin Media.

Milo knows Yahoo's IPO process by heart.

So there’s nothing much to describe specifically, it’s just that a bunch of people showed up to show their support and have fun at the New York Stock Exchange.

The time has come and the bell has rung. Yahoo Internet Group, which was founded in 1994 and has been almost four years now, finally announced its official listing on January 1, 1998.

Not surprisingly, the initial public offering price was more than 56% higher than the issue price, and the subscription amount exceeded 330%.

At the close of the market that day, the increase was as high as an exaggerated 235%, and the market value exceeded US$200 billion as soon as it was listed.

Driven by the king of the Internet, the entire Nasdaq sector has soared.

Various Internet stocks have increased by more than 5%, the most exaggerated of which is Netscape, the first Internet stock.

After its peak period of listing, its market share has been declining due to the full competition from Microsoft's IP browser and other browsers, and Netscape's stock price has actually been falling as well.

However, it was impacted by the listing of Yahoo, and Netscape's publicity that Milo was once one of its shareholders.

With the help of some investors who cannot buy Yahoo shares and the deliberate promotion of many institutions.

Netscape's stock also returned to its peak, rising from over twenty dollars per share to over forty dollars per share.

Just looking at the increase, it is even more exaggerated than Yahoo.

The Nasdaq index also increased dramatically from 1,650 points on December 31, 1997 to 1,980 points on January 7, 1998, one week after Yahoo went public.

In just one week, the increase exceeded 300 points.

Although compared to the Dow Jones Index, the Nasdaq Index itself has a larger fluctuation range.

And it is more influenced by technology stocks and social stocks.

But with such a sharp rise in such a short period of time, it is obvious that Yahoo's listing had a huge impact on him.

Even the Dow Jones followed suit and at a glance, all US Internet stocks were booming, driven by Yahoo's listing.

Almost all media are shouting - the bull market is coming.

It was half a month later that Yahoo’s stock market value officially exceeded $300 billion.

It can be said that Yahoo is just a wedge, just a fuse.

After eating the red bear's corpse, it ate another wave of Americans from South America and Asia. This time, it targeted global hot money and institutions from various countries.

The plan is to lure everyone to North America and then catch them all in one fell swoop.

Before Yahoo went public, there were many restrictions and audits for Internet companies to go public.

After Yahoo went public, the U.S.'s listing supervision of Internet stocks was almost always green-lighted.

In the following period of time.

Many Internet startups that didn't even have any products and were still operating in garages, basements, or Sunday hotels were pulled onto the market and sold at market values ​​of tens or even hundreds of millions of dollars.

People enthusiastically waved their money and exchanged it for many so-called Internet stocks that didn't even have any products.

then……

On January 16, 1998, Yahoo’s market value exceeded $300 billion.

On January 25, 1998, Yahoo's market value exceeded $350 billion.

On February 6, 1998, Yahoo’s market value officially exceeded $400 billion.

It was not until May 1, 1998 that Yahoo's market value exceeded $500 billion.

This behemoth, which has become the world's highest-valued listed company, has finally stopped its crazy rise.

May 3rd.

Malibu, California, West Coast of the United States.

Malibu Beach in May is like a dream.

The soft beach stretches out under your feet, and each grain of sand sparkles with golden light, like a velvet carpet carefully laid out by nature.

Looking up, the sky is as blue as a gem, so clear that there is not a trace of impurities. It blends with the azure sea in the sky, and the scenery of the sea and sky being one is fascinating.

The sea breeze blows gently, bringing with it the salty freshness of the sea and the warmth of the sun. The temperature is just right, comfortable and pleasant.

The waves beat rhythmically against the shore, creating layers of white foam, which together with the beach, blue sky and blue sea form a beautiful picture that makes people intoxicated and reluctant to leave.

At this moment, Sophie Marceau looked at the movement on the beach with a tangled face——

She was lying under a parasol at the moment, and not far away a few little kids who were a little wobbly when they walked fast were playing together.

This naturally includes Sophie's two twin daughters, Lily and Rose.

They are already over two years old, but now they are playing with sand together under the instruction of a little boy who is younger than them.

Although the little Paladin did not bully his daughter, the two-year-old child was somewhat obedient...by the command of a child who was a little over one year old.

With the help of a nanny, the sand castle was built quite successfully, but the process was complicated.

After little Paladin marked out the territory, Lily, Rose, and little Andy took shovels and shoveled the sand.

Lily and Rose were shoveling happily, while little Pa Andy was carrying a small bucket to help the two hard-working sisters add "materials".

There are more than ten sand castles upside down on the ground, which are quite spectacular when connected together. It seems that the children are enjoying it very much.

"No need to look any further, the babysitters are watching, nothing will happen."

A gentle voice drew Sophie's gaze away from the children and toward her side.

Milo was seen with his upper body naked, and a baby about half a year old was crawling on his body.

On the other side of him, Monica, the Italian national treasure beauty whose figure became even more sleek after giving birth, was also wearing sunglasses like her and lying on a beach chair under a parasol.

It was obvious that this was a little family vacation.

The only difference is that the children have different mothers.

Anyway, they/they come from the same father, from Milo's perspective.

When playing together, as long as we don't fight, we are successful.

Five months passed in a flash.

Yahoo's success made Milo's brief position as the leader of the Internet more solid.

Internet stocks are now soaring, and it is only half a year away from the real peak.

In fact, starting next month, Milo plans to start cashing out his Yahoo shares bit by bit.

He plans to cash out most of his shares within a year.

Basically a year later, in mid-to-late 1999

The Internet crisis that will only occur two years later in a parallel universe.

With these people overfishing, there is a high probability that it will appear earlier than expected.

In the past five months, in addition to working on the Internet.

Milo did other things too.

For example, in the big brawl in Canada, he joined in at an appropriate time.

He successfully forced Morgan, Rockefeller and Rothschild, who were in full swing in the fight, to cede many benefits to him.

Today, Milo can also say that he is one of the big names in America's backyard.

Other aspects are quite satisfactory, and Paladin Media continues to consolidate its position as a world media giant.

Phillips Energy is seeking a restructuring, after which it will become a true part of the Boston consortium.

This time, Blackburn Bank took advantage of the chaos in Canada to significantly expand its scale there.

Apart from this, there were no major changes in Milo's career.

After all, only five months had passed.

Milo stood up and kissed Sophie and Monica, who were wearing sunglasses.

He put down the lemon juice in his hand, and walked over barefoot to take a look at the children's "big project": "Not bad, not bad, babies, how about we go to Mars and build a castle like this in the future?"

"Dad, what is Mars?"

Several younger brothers and sisters can already speak, but their articulation is not very clear yet.

The oldest twin sisters already know a lot of words.

At this moment, Lily looked up at her father, who was as tall and strong as a bear, and said, "Dad, where is Mars?"

“Haha…” Milo laughed and pointed to the top of Bilan’s head, “In the sky, above the sky!”

"Okay, I'll listen to Dad and build a castle in the sky from now on." Rose looked very sure.

"Hahaha..." Milo laughed even more happily.

Not far away, little Paladin called out to little Andy. The two brothers carried sand buckets and walked sideways to Lily and Rose, laughing.

Little Paladin put the bucket down first, and when Andy also put down the bucket, he patted his mixed-race brother's shoulder while panting: "Great~~"

The mixed-race child smiled brightly and looked very happy when his younger brother praised him.

Milo happily watched his bloodlines play for a while, then walked away. Then Kenny approached and said, "The sticks are here."

The latest novel is published first on Liu9shuba!

Milo nodded and pointed to the empty beach on the left, where there were several parasols and beach chairs.

"Tell them to go over there. I'll be there in a minute."

Kenny nodded in agreement.

Then several guys who were like emperors in the Xiaobang area and were called chaebols were waiting for him there.

Milo walked over there slowly later.

At this moment, at another corner of the beach.

Among the crowd that came with the leaders of the Xiaobang chaebol.

"Are those really all his children?"

Lin Shiling, wearing a lavender five-quarter-sleeved gauze dress that was shining white in the sun, looked at Milo who was surrounded by her father and others, then turned her head to look at her future sister-in-law, Li Fuzhen, the eldest princess of Xingxing's family.

Li Fuzhen, who was wearing a white long shirt and a pair of gauze trousers, narrowed her beautiful eyes slightly, shook her head calmly, and said softly in English: "There are many rumors about him. It is said that he is very keen on having children with his mistress. I think it should be like what you said, sister-in-law. Those are his children."

This time, the chaebols from South Korea did not come here in secret.

Together with the newly appointed leader of the small stick, they formed an economic delegation to visit the United States.

There were a large number of people, several hundred in number.

Li Fuzhen and Lin Shiling, as employees of the Xingxing Group, came along.

Some people may say that Lin Shiling’s surname is Lin, so how come she is from the Xingxing Group?

Because at the end of last year, Lim Se-ryung was engaged to Lee Jae-young, the prince of the Star Star Group.

She is now the future Crown Princess of the Xingxing Group, so naturally she is a member of the Li family.

And even if she hadn't married into the Li family yet, given Lin Shiling's family background as the Lin family of the Elephant Group, she would be qualified enough to join this economic and trade delegation.

Because of this relationship, Lin Shiling now has a good relationship with her elder sister-in-law Li Fuzhen.

Lin Shiling then spoke up: "Do we really want to cooperate with him? Won't we...will we be swallowed up?"

Li Fuzhen smiled calmly: "Cooperation? That's a nice way to say it. In fact, we know exactly what ecological niche we are in."

Lin Shiling was silent.

Because it is exactly as Lee Boo-jeong said.

Xiaobang sounds better, as it means an important ally of the United States in East Asia.

To put it bluntly, everyone actually knows what's going on.

There was some economic freedom before, after the crisis last year and the year before.

Now even the last bit of economic freedom is gone.

There were garrisons, and there was a dynasty of prosecutors.

Plus the economy is under control.

It can be said that everything from top to bottom is under strict control.

Smart people like Lim Se-ryung and Lee Boo-jeong knew what was going on.

But what can we do?

The men couldn't break free, so what could the women do? Like now, with Li Zairong's wedding coming up.

Li Fuzhen, who originally had a little hope of getting involved in the affairs of Xingxing Group, has been cruelly driven away by her father.

Apart from losing a hotel to her, there was nothing else.

There was no other option waiting for Lee Boo-jeong except marriage.

Just like Lin Shiling was forced to marry her brother, after marriage Lin Shiling will have to reluctantly give up her college studies and live in the United States with her husband to take care of Li Zairong's daily life while he studies for a doctorate at Harvard.

This is their fate as the daughters of wealthy families in South Korea.

Compared to many American and European wealthy daughters who are willful and reckless.

To be honest, Xiaobang and Neon’s counterparts are indeed much more miserable.

"There is a mixed-race child." Lin Shiling whispered to Li Fuzhen, "It is said that the woman from Japan gave birth to him..."

“It’s no secret.”

Li Fuzhen shook her head. "I met her once in Tokyo a few months ago. Sumitomo Junko, to be honest, I envy her very much."

Although they had to obey the Americans and give birth to children for them.

But Junko Sumitomo and her Sumitomo United Group are now one of the small giants in Japan.

With the power of the man behind her, Sumitomo Junko has become a very special person in Japan and South Korea.

Almost everyone there was trying to distance themselves from her, but everyone was afraid of offending her.

As long as Sumitomo Junko is willing, she can go to the parties in the Imperial Palace whenever she wants, and no one dares to disturb her if she doesn't want to go.

To be honest, this kind of status and privilege is not available to rich girls from Japan and South Korea like Lee Boo-jeong and Lim Se-ryung, who were originally similar to Sumitomo Junko.

They all said they were disdainful, but in fact they were extremely envious.

"Ah..." Lin Shiling sighed and looked up at her sister-in-law and former best friend again, "You, Fuzhen, if you really want to be with your driver... Dad will be very angry and sad."

"We are in love." Li Fuzhen bit her teeth lightly.

In love, haha.

Lin Shiling sneered in her heart.

It's not just to avoid leaving the Li family that she would rather marry a servant and pretend that she's doing it for love.

In fact, she was just worried that she would be married off as a tool for marriage alliance like herself.

Then there would be no way to gain benefits from the Li family anymore.

Lin Shiling knew what Li Fuzhen was thinking before.

But at that time, the two were good friends, and Lin Shiling was supportive.

But now, Lin Shiling is about to marry into the Li family.

Part of the benefits that Li Fuzhen is seeking will also belong to Lin Shiling in the future.

So now, Lin Shiling is a little unhappy with what Lee Boo-jung did.

Thinking of this, Lin Shiling fell silent and stopped talking to Li Fuzhen.

Because in the future, everyone will most likely become enemies over property.

Is that realistic? They are best friends and are about to become family, so the relationship should be better.

But this is the reality, the reality of internal strife among chaebols.

To put it bluntly, it's all for profit.

(End of this chapter)