He originally thought that for one billion dollars, he would have to buy 0% of Yahoo's shares.

Even in his mind, the valuation given in this way is already sky-high!

A company like Yahoo, which has just been established and has not many users, can be valued at US$5 billion. Isn’t it a sky-high price?

"Bill, I still say the same thing. No matter how you look at it, every time I give you a quotation, I am not just talking about it. I really think that my company is worth the price, whether it is Netscape or Yahoo.

in this way."

Fang Chen said calmly, his tone full of strong confidence.

If we look at it from a common sense perspective, Yahoo's valuation is naturally ridiculously high, reaching as high as the sky.

But in fact, Fang Chen really wants to say that the valuation of more than 30 billion US dollars is indeed just a friendship price.

Although in the previous life, Yahoo showed its prominence early without his suppression. More than a year after its establishment, that is, on the first day after its listing in 1996, the market value was only a mere US$800 million.

But just four years later, on the eve of the Millennium Internet Bubble, when Yahoo's market capitalization was at its highest, Yahoo's market capitalization reached a staggering $18 billion, four times his current quote!

A few years after the turn of the millennium, absolutely no one dared to question that the ruler of the Internet was Yahoo.

For seven years from 2000 to 2006, Yahoo ranked first in the global Internet rankings.

In 2006, it dominated the top 0 global Internet companies, with Yahoo, Yahoo East Japan and Yahoo China ranking 1st, 7th and 14th respectively. This is the horror of Yahoo.

Even when Google was first founded, the exclamation point of Google! was intentionally imitating Yahoo.

But it is a pity that just after Yahoo's most prosperous decade in 2006, Yahoo was acquired by the American communications giant for US$4.8 billion.

In fact, during the growth of Yahoo, not only did it almost acquire Google, but it also almost acquired Facebook.

In 2006, when Facebook had just been established and was facing internal and external problems, Yahoo offered one billion US dollars to acquire Facebook. Zuckerberg readily agreed.

But when the contract was about to be signed, Yahoo suddenly lowered the price to US$850 million. Zuckerberg was so angry that he tore up the agreement.

A few months later, Yahoo raised the price to $1 billion again, but Zuckerberg ignored it.

In the year when Yahoo was acquired by the American communications giant for US$4.8 billion, Google had a market value of US$500 billion and Facebook had a market value of US$300 billion.
Chapter completed!