Chapter 60 Cake
"Song, do you have any ideas?" Seeing that Song Yang was a little absent-minded, Kenneth asked Song Yang.
Song Yang put away his thoughts, shook his head and said to Kenneth, "I remember that there are some things at Double Click Company that I need to take care of!"
Looking at Song Yang, Kenneth suddenly said meaningfully, "Song, I hope I can have the opportunity to work with you again in the future!"
Looking at Kenneth's eyes, Song Yang didn't know if he saw something, but Song Yang still just nodded.
"Song, it's a pity that you don't know what kind of party you missed tonight!" Jeff Skilling said to Song Yang with a regretful tone.
Jeff Skilling is going to hold a large-scale party tonight to celebrate the approval of the new project today. Jeff has brought a lot of things to Enron, like the party in the movie "The Wolf of Wall Street", which Jeff brought to Wall Street to Enron.
Watching Song Yang hurriedly leaving, Kenneth said to Jeff, "I bet he must have thought of something new!"
Jeff shrugged his shoulders. "This guy is indeed a genius, but there is no way he can get into Enron!"
Kenneth was just paying attention to Song Yang, but he didn't take him too seriously. After Song Yang left, Kenneth and Jeff immediately started discussing the Enron Online and Financial Energy projects, which were what they were concerned about.
After Song Yang returned to the small apartment in the Harbor Building, he called Gallo and asked him to come over immediately.
Gallo, who was fooling around somewhere, rushed over with a few maps in his hands. He couldn't help complaining, "Song, this is not a good habit. Don't you know that I am discussing life with Hailey..."
Song Yang ignored Gallo, took several state maps from him and spread them all on the table.
Gallo looked at the maps of Chicago, New York, New Jersey and other places, and then looked at Song Yang who was staring at these maps. Gallo inexplicably remembered the night when Song Yang decided to establish Double Click Company. He had the same expression.
"Song, do you have any new plans?" Gallo couldn't see any tricks in those maps, but this time Gallo didn't dare to ask for help from a psychic. Last time he watched TV for a few minutes, he saw that Song Yang had set up a Double Click Company. This time, looking at the maps, Gallo couldn't be sure what Song Yang would come up with.
Song Yang took out a pen, and drew a straight line from Chicago to New Jersey in New York. He looked up at Gallo and said, "It will take at least 800 miles!"
Gallo listened to these inexplicable words and looked at the map again, his mind became even more confused, "Song, what do you want to do!"
Song Yang threw the pen aside, pointed at the straight line he had drawn, and said to Gallo something that made his scalp tingle, "Build a dedicated broadband line here!"
Gallo opened his mouth wide and stared at Song Yang in a daze. He couldn't help pinching himself, then he realized that it was not an illusion. He just heard that Song Yang was going to build a broadband line between Chicago and New York!
"Build a broadband line?" It took Gallo a long while to come back to his senses. He looked at Song Yang in shock, "Are you sure you want to do this?"
Although Gallo is not a communications expert, he knows how much money it costs to build a communications line. In the whole of America, only telecommunications giants such as AT&T, Verizon, and Comcast have the strength and qualifications to do so.
When he suddenly heard that Song Yang wanted to compete with the Telephone and Telegraph Group for business, Gallo wanted to ask the psychic to come over again.
Taking the cigarette from Gallo, Song Yang took a deep puff and said to Gallo, who was still in a daze and shock, "Next year is an opportunity. If we miss this opportunity, we may not have such an opportunity in the rest of our lives!"
Just now at Enron, when Kenneth and Jeff mentioned that the President would implement a new telecommunications bill in America next year, Song Yang inexplicably recalled a news report he had read in his previous life.
Song Yang was deeply impressed by the news. A futures trader on Wall Street saw the requirements of high-frequency futures traders for Internet speed. High-frequency traders on Wall Street only needed 13/1000 seconds to complete a transaction.
The so-called high-frequency traders rely on arbitrage of the extremely small price differences of the same products between Wall Street and the Chicago Board of Trade. In later generations, major investment banks on Wall Street could earn more than 20 billion US dollars each year by doing this!
The futures trader saw this and raised funds to pull a dedicated Internet cable from the Chicago Board of Trade to Wall Street, increasing the Internet speed by 13 milliseconds. This cable was sold to hundreds of futures traders from major investment banks on Wall Street, and the five-year usage rights were sold for US$3 billion!
Song Yang is now preparing to do the same thing. Although the times are different, even though Wall Street and the Chicago Board Options Exchange have not yet fully entered the era of computer trading, the demand for trading speed still exists. Seeing the information one second earlier means being able to trade one second earlier. Not to mention that what Song Yang brings to them is more than just one second!
In London in 1815, the Rothschild family used messengers and sent people to report the entire Battle of Waterloo. They knew about Napoleon's defeat in advance and staged a drama, which caused countless people in London to go bankrupt and even took away the Bank of England.
Wall Street has now begun to use computer trading. Although it has not yet fully entered the computer trading era, browsing various news through computers has become the norm.
But Wall Street , like other parts of America, still uses dial-up Internet access, and many people have never even heard of the term broadband. Even if the speed of dial-up Internet access is very fast, it is only 56KB, and network disconnection is inevitable.
At this time, what if a broadband line was directly built between Chicago and New York, exclusively for use by Wall Street traders, providing them with 512K or even 1M Internet speeds, allowing those traders to increase their speed by 10 seconds, or even 30 seconds or a minute?
To put it another way, by using the route provided by Song Yang, you can grab New Year's train tickets several times faster than others. You can experience what that feels like .
"Next year, President Trump will introduce a new telecommunications bill that will relax the conditions for entering the telecommunications and media industries. This is our chance to get a license and build a dedicated broadband line from Chicago to New York!"
Song Yang mentioned the plan to Gallo. There was one thing Song Yang did not tell Gallo, which was that if this line could be completed, they would be able to use it to enter the American telecommunications industry. With this line as the core and occupy the broadband market, they might have a chance to compete with telecommunications giants such as AT&T.
The most crucial point is that once this line is built, it will be possible to cash out billions of US dollars in cash from Wall Street in advance!
With this money, Song Yang is qualified to enter some new fields and become a player in the American game.
Gallo opened his mouth wide, listened to Song Yang's plan, held his head and called out "God" several times. This was really beyond his imagination.
"800 miles, in a straight line. Song, do you know how many houses, farms, shops and mountains we will pass by?" Gallo cried out in pain.
The land in America is private territory, and those private territories may not be willing to agree to Song Yang digging from their territory.
Not to mention Song Yang, many big real estate developers in America have been troubled by this. Every time there is a chaos, the reason why Houston has no planning law is also related to the tough folk customs. These cowboys really dare to take to the streets with shotguns.
Song Yang glanced at Gallo unhappily. If this was easy to do, Song Yang would have just asked someone to do it instead of asking him to come over.
In order to build this 800-mile-long line, money must be raised first, at least 200 to 300 million US dollars. The construction team must also be trustworthy, and the entire project must be kept confidential. Once the telecommunications giants such as the AT&T Group know about it, Song Yang will have no chance at all.
The last point is to obtain an American telecommunications license. Even if the American communications industry is liberalized, not everyone can get a telecommunications license.
This order is not easy to do, and Song Yang understands this. To raise funds, he needs to ask for help from congressmen like Adrian. Maybe Song Yang will also have to call on the Sons of Chaos for help to deal with people like Frant who appear during the construction process.
But once it is accomplished, Song Yang's net worth will at least soar several times.
"This matter needs to be kept confidential. No one is allowed to tell it without my permission, including Haley!" Song Yang said to Gallo.
Gallo quickly raised his hands. He knew the seriousness of the matter. This was a much bigger project than DoubleClick. Gallo knew the seriousness of the matter. "I swear in the name of the Bruno family that this matter will not be spread from here!"
"Find some time to go to New York and pick a suitable person for me!" It is not convenient for Song Yang to go to New York now as it would be too conspicuous. However, there will be no problem for Gallo to go as no one will pay attention to him.
There were many cigarette butts on the floor of the small apartment. Song Yang was thinking about the broadband line from Chicago to New York. This matter must be started as soon as possible, but it cannot be rushed. The new telecommunications bill will not be passed until next year when the president takes office. This must be due to the public relations of the telecommunications and media groups.
But for Song Yang, there is almost a year left. Song Yang needs to find partners as soon as possible and start raising funds. Thinking of this, Song Yang can't help but take out the business card of Eric, the king of American nightclubs. There is no doubt that this guy has considerable connections all over America.
After looking at it for a few times, Song Yang put the business card aside again. This piece of cake was very big, and Song Yang couldn't eat it alone. He must find help, but he needed to find someone who was reliable enough.