Chapter 53: Two Tigers Fighting
Regardless of the personal relationship between Song Yang and Yang Zhiyuan, when it comes to the conflict of interests between Yahoo and DoubleClick, it is not decided by the relationship between Song Yang and Yang.
When Yahoo develops in the future, it will expand into instant messaging, e-commerce and many other fields. This is the natural law of big fish eating small fish, and it is impossible to stop. By then, Song Yang can still drink tea with Yang Zhiyuan like today, but the industries under the two sides will probably be in a fight!
After Song Yang and Yang Zhiyuan signed , people on both sides breathed a sigh of relief.
At this time, Yahoo did not feel at a disadvantage, but was quite happy. After exchanging equity with DoubleClick , Yahoo could start bragging and build momentum for its listing!
As for DoubleClick, in addition to hoping that the 5% stake in Yahoo will be valuable, the ties with Yahoo also allow DoubleClick to surpass its competitors in the industry.
If Netscape had not been unwilling to exchange equity, DoubleClick would have formed an alliance with the current leader in the Internet industry without any preparation!
After signing the agreement, Yahoo immediately released the news that the two parties had swapped equity, and it immediately became the focus of the Internet industry that day.
The news that followed made the entire Silicon Valley speechless. Yahoo announced that it had reached an advertising revenue agreement of US$45 million over two years with DoubleClick. In other words, within two years, Yahoo's digital advertising revenue exceeded US$45 million!
This is really nonsense. You know, even Netscape only dared to boast that its digital advertising revenue next year would exceed 10 million US dollars, which was already a big boast. But when it came to Yahoo, it almost quintupled.
At Netscape headquarters, upon hearing the news from Yahoo, Marc Andreessen rushed to Jim Clark's office and said, "Jim, there's news from Yahoo, what are they going to do?"
Netscape was at a critical stage of listing, but was suddenly overshadowed by Yahoo. The key point was that Yahoo seemed to be trying to seize Netscape's position as the leader, which made Marc Andreessen somewhat dissatisfied and uneasy.
Jim Clark, a veteran in the industry, was not in a hurry at all. He looked at the angry Marc Andreessen and said, "Calm down, Andreessen. Don't worry, Yahoo can't affect Netscape, and Yang Zhiyuan can't replace your position as a Silicon Valley hero!"
"Jim, that's not what I meant..."
Anderson was a little embarrassed when Jim Clark hit the nail on the head. He is now at the age when he loves fame and fortune the most. This year, all major media have been touting his identity as a "Silicon Valley technology hero". Suddenly, a "Yahoo Chief" appeared, which made Anderson a little anxious.
"Double Click Company and our young partner Song, is there any news?" Jim asked Anderson.
Anderson didn't know that at this time, Jim didn't want to find a way to put some pressure on Yahoo, but instead focused on what Song Yang was doing.
Speaking of Song Yang's involvement with Yahoo, Anderson is now dissatisfied. "I heard that after exchanging shares with Yahoo, he went to San Jose to buy land. Just like what the media said, Bruno Song is just a farmer!"
“No media interviews?”
Anderson shook his head in confusion. I don't know why Anderson asked this question. He is good at technology, but when it comes to the twists and turns involved, he can't compare with Jim, a veteran.
Jim Clark smiled and shook his head. He had already guessed what Yahoo was doing.
"Jim, what did you find?" Anderson couldn't help asking as he saw Jim was not in a hurry at all.
Jim looked at the still young Anderson and said, "If I'm not mistaken, Yahoo has not brought out any revenue agreement signed with DoubleClick. The $45 million in revenue was also announced by Yahoo. DoubleClick has no comment, right?!"
Anderson was stunned. He was just not familiar with the routine. Hearing Jim's words, Anderson couldn't help but exclaimed, "Is Yahoo the same as Netscape? How dare they...?"
Anderson felt that Netscape was bold enough. In order to go public, it claimed digital advertising revenue of tens of millions of US dollars. This was already outrageous. Yahoo was even more ruthless. They really didn't treat leeks as vegetables and were ready to cut them hard.
"Jim," Anderson said to Jim Clark with a flicker in his eyes, "Do you think we should release the news..."
"Don't move for now." If Netscape took action at this time, it would definitely disgust Yahoo, but Jim Clark didn't want to cause trouble. "Now everything is based on Netscape's listing!"
"We are Netscape. Once Netscape's IPO is completed and we have free time, no matter it is Yahoo, other competitors, or DoubleClick, they will not be a problem for Netscape!" Jim Clark said with great confidence.
Now Netscape is indeed the leader in the Internet industry. Jim Clark naturally has countermeasures for the hidden threat from Yahoo. Netscape is now the largest traffic portal in the Americas. As long as the built-in Yahoo search is cancelled, Yahoo will lose a lot of traffic. Jim is confident that he can make Yahoo bow its head.
Song Yang didn't care about the undercurrents between Yahoo and Netscape. At the moment, it didn't have much to do with Song Yang. Whether it was Netscape or Yahoo, both sides were supported by a large group of investment institutions and consortiums. DoubleClick was just following behind to get a share of the profits and act as a tool for the two companies to increase their valuations...
Song Yang stayed in San Jose for two days and selected several plots of land. Then, Houston called Song Yang and told him that Joetus and the people from Wang An Company had already arrived in Houston. Song Yang did not expect Joetus to come so quickly. He had to select two plots of land and then hurried back to Houston.
After getting on the plane, Song Yang thought about the gains of this trip. Apart from the two plots of land in San Jose, the biggest gain was the 5% stake in Yahoo. When Yahoo was at its peak, this stake was worth nearly 6 billion US dollars!
I just don't know how Kuge will explain to those Wall Street directors of Yahoo, or whether he will be kicked out in advance. Those vampires on Wall Street don't care what Kuge did in the past. As long as the media reports that it was he who agreed to exchange equity with DoubleClick, Kuge will definitely be in trouble from the Wall Street directors.
Sitting on the plane, Song Yang was also thinking about Double Clicking the Company. Continuously giving up his shares had caused the shares of Double Clicking Company in Song Yang's hands to decrease sharply.
After transferring 25% of the shares to WPP Group and exchanging 13% with Yahoo, it seems that Song Yang still has 62% of the shares, which seems to be a lot, but Song Yang will have to continue to take out shares until DoubleClick Company goes public.
