Bill Gates is not William White. William White can accept Yahoo's competition with him. He can't accept the existence of two browsers.

The most fatal thing is that Netscape is sought after by high-end users. William White said four or six, but Bill Gates knew that he had been given a face. Three or seven was almost the same.

The most important thing is that 70% of the users are high-end users.

After a tour of Silicon Valley, Bill Gates fell into confusion. When it comes to high technology, the first thing you think of is semiconductor or software companies.

Now the situation seems to be different. Semiconductor is semiconductor, which has been thrown into the traditional industry. As for software companies, office software, databases and operating systems, they are also included in traditional industries.

Knowing that Silicon Valley is divided in this way, Bill Gates was dizzy at that time. Nima, what are your standards?

Some people disdain to tell this uncle that this is the era of Internet economy. Your company doesn't bring e, but it's OK to say high technology.

Asshole, this is hype. If you haven't solved the profit model, how can you become a high-tech enterprise. It's just eyeball economy. It's as mysterious as you say.

"Three billion dollars is not enough? Are you kidding me? "

"Boss, they were also very surprised by the news we got from Damo."

Bill Gates fainted, completely rejected the idea of acquisition. It's not that he can't scrape up the money, it's really unnecessary.

At the same time, the old guy of Da Mo is grinding his teeth. It's not Pixar's business to worry about a billion dollar company.

"Andy? Netscape four billion? If I remember correctly, their initial capital is only more than 10 million. And how much software have they sold so far? "

"Boss, it won't be more than 20 million. If so, Microsoft will have 40 billion."

The old man of Da Mo can't understand. All of them are demons.

"Is this market still familiar to us? They are priced in Japanese yen. "

"Boss, they are crazy. The venture capital active in Silicon Valley is close to $8 billion."

"So he's half William White?"

"Boss, is that true? Several of his funds have narrowed their investment. From time to time, there will be some transactions

"Well, it seems that we are right about our criticism. If Netscape is worth four billion, soeasy and ICQ should not be so low. "

"Boss, the differences mainly focus on Internet companies. Although they are dissatisfied with Cisco's valuation proposal, they are just bargaining. As for these two Internet companies, they directly curse the street. Goldman Sachs was even worse. They went straight home and were not allowed to attend the press conference. "

"Well, Andy, help me to ask these big guys to play. It's not right here. It's definitely a problem here."

It's meaningless to blindly raise the valuation. You can say that Netscape and Pixar are whimsical, but you can't say that William White is the same.

There are many cases of false high price leading to the failure of IPO. Generally speaking, the price of the second IPO will encounter avalanche.

William White and they are the same kind of people, there is no reason not to understand. What's more, the stocks of the competitors have been watching closely. This one they bought from Damo has only partial voting rights.

No?

OK, take your time. Believe it or not, I'll add 10% and sell it directly to the foot basin people?

It's the same everywhere. The stock in hand is worth a lot of money, which is pleasant. But why is it so valuable?

Netscape has sold less than 20 million pieces of software. Why are you William White?

Soeasy and ICQ?

It's already burned 500 million yuan. I haven't seen a dime in return. Nima, no wonder there are so many venture capital. If you want him to say that there is a risk of wool, Netscape plus soeasy and ICQ, that's 10 billion.

All the other investments are on the street. Are these three the only ones worth the fare?

What? You didn't invest in these three?

Death, it's your blindness, it's none of other people's business. The old guy is very sure that as long as these three IPOs go smoothly, the venture capital will definitely have an explosive growth.

Investment banks don't understand, and the boss of the Fed is also dizzy. I have a headache to save Mexico. Five billion dollars, and the government's endorsement. If you toss around here, it will be more than 10 billion.

Attention economy?

Well, it was in the Harvard class. However, this amount is too exaggerated, isn't it?

"Don't you understand? You should talk to William White. " Paul Volcker looked at Greenspan in a funny way. This guy, should he ask for advice.

"Paul, that slick boy, you don't want to hear the truth from him. I just said that it was overheated, so he brought it out to ridicule it. ""Hahaha, dear Allen, Buffett is even worse. He is said to be ignorant and pretending to understand."

"Well, I don't know how to explain it, neither do I believe in Warren Buffett. Like what he did at the Oscars, no one doubts this evil

It's easy to say that it's never too old to learn. In Greenspan's and Buffett's identities, it's impossible to calm down and read.

Well, the computer is really good, the statistics are very convenient, and the email is also very good. What about the profit model? Rely on those few professional users?

Don't invest in things you don't understand. It has to be said that Mr. Buffett understands. If you are desperate to toss, you may be in danger.

What? It's so bad.

Well, it's not his personal money. His own wealth. It's already in the charity fund. You tell him that the U.S. stock market has broken down again, and he won't care very much.

Well, our new drug is successful. You can live another 15 years at least.

Believe me, it must be this sentence that Warren Buffett would like to hear most.

Don't mention the 89 year old Buffett, Bill Gates, Zuckerberg, who is not taking a lot of money to make longevity drugs.

In William White's opinion, it's unnecessary. It's OK to have a quality of life. If you just lie in a wheelchair, what's the point of tossing for so long.

What if we cross again?

According to the law of conservation of energy, even if you die, energy will not disappear.

So, is there a parallel world?

This is really hard to say.

To live to 108 years old, I hope the doctor can save it again. Cough, what? This is really boring. If you run out of energy, you will be in trouble. Do you want to be a beggar?

Ha ha, the poorest is nothing but begging for food. Immortality will come out in the end. This sky won't beg, as for the parallel world, maybe it will be a beggar.

Whether you like it or hate it, Silicon Valley is becoming more and more lively, which is an indisputable fact. As for whether there is a bubble in it, this is actually a false proposition.

Just like the current situation, when more than 10 billion U.S. knives are smashed down, it's natural that there will be both mud and sand. If there is a basin full of spills, there will be a basin full of blood.

If you ask the successful investors, they will tell you that the market is healthy. You ask those who are on the street, of course, that investment should be cautious.

All you need to know is that semiconductor is a sunrise industry, and so is the Internet. It is better to figure out the characteristics of successful enterprises than to intertwine with bubbles.

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