Rebirth Tokyo 1986

Chapter 421 Yahoo Goes Public
"Furthermore, with the continuous development of medical technology, the funding required by general hospitals is also constantly increasing."

"If Xinghai Hospital wants to provide better medical services to more people, it must build more specialized hospitals and concentrate its limited funds."

Masato Takeshita's reasoning was correct and precise, directly convincing Masao Tamura.

Specialized hospitals are indeed in line with the trend of social division of labor as technology continues to upgrade.

After all, with the in-depth development of technology, the amount of funds required for each link is enormous.

Only a very few hospitals can handle all the procedures.

Most hospitals, even general hospitals, need to transform. They need to transform into hospitals that specialize in treating cancer or neurological diseases.

Many of the hospitals that Seikai Hospital Company is currently building in Tokyo, as well as those it plans to build throughout Japan in the future, will undergo specialized transformations during their development.

For example, Xinghai Hospital, located in the port area, is excellent at treating cancer, while Xinghai Hospital, located in the central area, is excellent at treating cardiovascular diseases.

Then, Xinghai Hospital Company will gradually transfer cardiovascular doctors from the port area to the central area. Oncology doctors from the central area will gradually transfer to the port area.

In this way, doctors of the same type can develop together, which will greatly enhance the speed of doctors' progress and improve the hospital's authority and voice in specific diseases.

Of course, this is just a preliminary idea.

Xinghai Group is wealthy, so it naturally wouldn't stand by and watch all general hospitals decline.

We will select several hospitals as representatives of comprehensive hospitals for development, thereby improving Xinghai Hospital's ranking in Japan and the world.

With a ranking, more customers can be attracted, which will further improve the technical capabilities of Xinghai Hospital.

After all, surgery requires a lot of practice.

Why are Chinese doctors the best in the world in many common surgical procedures? Isn't it because they have a large number of patients to practice on?

Why do many hospitals in developed countries like to send doctors to developing countries like those in Africa? Beyond charity, there's also the subtle motivation of training their doctors.

Of course, this is a win-win situation.

Without these doctors, those patients in Africa would simply wait to die; it would be better to have them treated by doctors from Europe and America.

"Yes, once Xinghai Hospital is completed, we must allocate funds to rank it in major authoritative newspapers."

Rankings may sound ridiculous, but they are actually very useful.

The most obvious example is school rankings, from which Singapore has reaped huge benefits.

Nanyang Technological University and the National University of Singapore, by spending money to manipulate rankings, have actually achieved the status of Asia's number one and number two universities in the minds of some people.

Even some so-called authorities on exams have been poisoned by it.

Between Tsinghua University and the National University of Singapore, I think the National University of Singapore is a better option for undergraduate studies.

This is utter nonsense that only considers rankings.

It's worth noting that only a little over 3 people from Singapore pass the entrance exam, while the two universities recruit more than 1 local students each year.

In other words, if you have an average undergraduate level in China, then if you are born in Singapore, you will most likely be able to attend one of the top two universities in newspaper rankings.

How can a university like this compete with Tsinghua and Peking Universities in China?

Some people say that Singapore's two universities are good at internationalization and have an advantage over Tsinghua and Peking Universities abroad.

That's even more absurd.

Don't think foreign companies are stupid.

Do you think people don't understand the quality of undergraduates from Tsinghua and Peking Universities and the two universities in Singapore?
It's worth noting that the US tech industry employs countless graduates from top universities like Tsinghua and Peking University.

The resources generated by these college students far surpass those of the two universities in Singapore.

It can be said that, whether in China or overseas, the employment prospects of graduates from Tsinghua and Peking Universities are significantly stronger than those of the two highly ranked universities in Singapore.

Aside from newspaper rankings, the two Singaporean universities, based solely on Singapore and Malaysia, have a stronger influence than Tsinghua and Peking Universities.

Even so, many Chinese people still think that Tsinghua and Peking Universities are not good enough.

It's clear that rankings can still fool a lot of people.

Xinghai Hospital must pursue this goal: to create the concept of Xinghai Hospital as a world-class hospital in Japan, Southeast Asia, and China.

Only in this way will the hospital not lack patients in the future.

Of course, Xinghai Hospital's ranking process wasn't exactly deceptive.

Because he was really planning to recruit top medical experts from all over the world.

For example, Chinese doctors are invincible in treating certain diseases.

So, in exchange for donating equipment to the hospital and providing high subsidies to the doctors, we invited these doctors to come and exchange ideas and learn from each other.

This will be a win-win collaboration for both sides.

Chinese hospitals have gained access to advanced equipment; Chinese doctors have received substantial exchange subsidies; and Chinese patients have received treatment with more specialized equipment.

In Japan, doctors can learn techniques from industry leaders; patients can receive higher quality treatment; and hospitals can gain more praise and prestige.

However, such collaborations require the support of Chinese universities and the government.

Masato Takeshita felt that with his investments in China and his numerous donations to China, there shouldn't be any problems.

After all, this is a mutually beneficial cooperation, rather than a one-sided contribution from China.

After making a note of these matters, Masato Takeshita continued his efforts to recruit talent.

The primary targets remain doctors who cannot withstand Japan's new medical policies.

In addition, there are those highly skilled individuals who are unable to get promoted or receive a raise because their positions have already been filled and they are not expected to leave anytime soon.

And those doctors who are technically skilled but lack communication skills and are therefore marginalized within the hospital.

These are all key areas that Masato Takeshita is focusing on when recruiting talent.

For some exceptionally powerful individuals, he would personally pay them a visit.

Because not only does Xinghai Hospital need these top experts, but he himself also needs them very much.

If a serious physical illness were to occur one day, the blame could be placed on these people, or their disciples.

Treating his own illness was a significant factor in Masato Takeshita's strong desire to invest in the pharmaceutical industry.

This is something that many top companies eventually do.

Most people long to live longer.

While Masato Takeshita was busy working on Xinghai Medical and its subsidiary Xinghai Hospital, Yahoo went public on NASDAQ.

Although the young man did not go, Xinghai Group still had to send someone.

"Good morning, Mr. Yang. Congratulations on your dream coming true."

"Congratulations to you both! I'm very grateful to have such a great partner as Kikuno-san."

Jerry Yang was very grateful to Shinji Kikuno because Kikuno was the most supportive of Yahoo among the three investment firms.

Not only do they largely agree with the opinions of the two founders, Jerry Yang and David Filo, in their daily operations and management, but they also frequently suggest very useful small internet applications.

It can be said that Xinghai Group made the greatest contribution among the three investment companies.

As for the one that contributed the least, it was naturally Masayoshi Son's SoftBank.

Aside from providing financial support, it's nothing special.

However, Masayoshi Son was able to build connections in Silicon Valley very quickly.

After all, no internet company can withstand SoftBank's extravagant financial resources.

Most of the founders of Silicon Valley's startup tech companies are not wealthy, and they simply cannot resist the enormous sums of money available.

After all, apart from Masato Takeshita, no one dares to judge whether a project will be successful, even if it seems to have a bright future.

Despite Yang Zhiyuan's praise, Kikuno Shinji maintained his Japanese-style humility.

"It is an honor for Xinghai Venture Capital to meet Mr. Yang and Yahoo."

At this point, David Filo couldn't stand the two men's incessant praise.

"Mr. Sun is here, let's go over there."

“Oh, then we definitely need to go.” Yang Zhiyuan nodded, then turned away apologetically.

"Excuse me, Mr. Kikuno, I'll have to go for a moment."

"It's alright, you're the main character today, so you'll have to be a little busy."

Yahoo's Nasdaq listing was a momentous occasion for the entire US technology sector.

Therefore, in addition to inviting investors and investment banks, Jerry Yang and David Filo also invited many important figures in the technology field.

Among them are authoritative media reporters and editors who advocate for the internet, high-end talents needed in the internet field, and important managers in the technology field closely related to the internet.

Among these people, there may be new internet founders in the future, or CEOs of startup internet companies.

Shinji Kikuno actively cultivated connections within the company, spreading his influence far and wide to help Hoshina Venture Capital expand its reach.

Who knows, one day one of them might want to start a business, and they might be the first to approach Xinghai Venture Capital because of this connection.

Time passed by little by little, and before we knew it, it was time for the bell-ringing ceremony.

Shinji Kikuno declined Jerry Yang's generous invitation and, like the other two families, remained as an audience member.

Xinghai Venture Capital needs to highlight Jerry Yang and promote him as a symbol of the internet.

"Dang~"

With the ringing of the bell, Yahoo officially went public with a total share capital of 2 million shares, a price of $5 per share, and a market capitalization of $10 billion.

"Sell 5000 shares at $6 each!"

"Buy 10000 shares at $5.7!"

"Sold 6.3 shares at $20!"

"Buy 6.7 shares at $10!"

In any country, stock market investors love participating in IPOs.

Soon, Yahoo's market capitalization reached a high of $7.35 per share amid a frenzy of buying.

"It's gone up! It's gone up a lot!"

"Great! It's gone up! It's gone up a lot!"

"Keep the price going up! Keep it going up!"

The stock traders were flushed and extremely excited, because in no time at all, the stock price broke through $8.

At that moment, the sounds of telephones and keyboards filled the air at the stock exchange.

While traders were constantly buying and selling Yahoo stock, they also made phone calls to their clients to promote it and to their bosses to report on the stock situation.

"Mr. Smith, Yahoo stock is selling like hotcakes. Buying now is a sure win. I highly recommend it."

"Manager Wood, everyone's enthusiasm for Yahoo is very high, and Yahoo is still rising. We need to increase our funding."

"No, Thomas, we don't have enough funds. We need to raise more money to buy Yahoo."

Soon, amidst the scramble, Yahoo's market value soared like a rocket, surpassing the $20 billion mark.

Before the market closed at noon, its market capitalization even approached $25 billion.

Yahoo's stock price skyrocketed this morning.

"Congratulations, Yang and David, you've succeeded."

"Haha, it's us who succeeded."

Jerry Yang was beaming with excitement, because today he had not only become a true billionaire, but his net worth had also more than doubled.

If the price continues to rise this afternoon, the wealth might break through $3 million.

"That's right, we succeeded! Cheers to the billionaire!"

Shinji Kikuno is very quick-witted and knows what to say at crucial moments.

In short, his words made Jerry Yang and David Filo extremely happy.

However, David remained composed and didn't show it on his face, continuing to speak calmly.

"We're just playing around now. It will be more appropriate to celebrate when Yahoo's market value surpasses 10 billion."

In the United States, only billionaires can truly sit at the dinner table.

At the billion-level, it's still in the small-scale stage.

David longs to be a super-rich man who can make a splash in America with a stomp of his foot, instead of being stuck in this mediocre state he is now.

"You have ambition. I believe that with your combined efforts, Yahoo's future is like Microsoft's, a company worth hundreds of billions."

"Okay, I'll lend you Kikuno Sangki's words."

Jerry Yang's eyes gleamed with intense ambition; he was determined to create the Microsoft of the internet world.

Today is the day Yahoo went public, and Shinji Kikuno didn't talk much with the two of them during the market closure.

He approached Masayoshi Son of SoftBank, and after exchanging congratulations, they began discussing the changes in the internet after Yahoo's IPO.

"Sun Sang, I heard you're planning to take the Yahoo model to Japan for development?"

"Yes, I've had that idea, but it's unlikely."

Masayoshi Son naturally longed to replicate Yahoo's development model in Japan, just as he had done in his previous life.

But after the emergence of Xinghai Group as a stumbling block, his interest has greatly diminished.

Stargate is so powerful that it has basically monopolized the Japanese market, and even the entire East Asian and Southeast Asian markets.

If he wants to break through, he will have to pay a huge price.

"I think it's worth a try; Japan is still a very large country."

Although Shinji Kikuno didn't quite understand why the chairman would ask him to encourage Masayoshi Son to compete with his own company, there were many strategies from the chairman that were hard to understand, so he just followed them.

Don't try to understand the ideas of geniuses; in the end, they all succeed in their own way anyway.

"No, forget it."

Masayoshi Son shook his head, completely abandoning this tempting idea.

The competitor is being so generous; there's probably some trap waiting for him.

In the future, I will still focus on the United States. Japan is too small and the competitors are too strong.

Yes, Masayoshi Son is now considering switching from Japan to the United States.

However, considering the discrimination he had experienced in the United States, he gave up.

Discrimination also exists in Japan, but the differences between people are not significant, and there is a very high chance of integrating into high society.

The United States is different; the differences are too great, making it impossible to integrate.

However, Masayoshi Son did not give up on the idea of ​​developing the internet industry in Japan.

If Yahoo doesn't work, then we'll look for other projects.

A country as large as Japan cannot be completely monopolized by the Xinghai Group.

Even if Xinghai Networks had the capability, the country would not allow it.

It's like Baidu, Tencent, Alibaba, and ByteDance in China are all one company.

It's like the American giants like Google, Facebook, and Amazon—they're all part of the same family.

Who could resist that?

And even if the government agrees, netizens will never agree.

It's important to understand that in later generations in China, there were constant calls to break up giants like Tencent and Alibaba. Similarly, in later generations in the United States, there were also significant calls to break up giants like Google and Facebook.

It is evident that the model of each company monopolizing a track in later generations was somewhat intolerable to both the government and the public.

A complete monopoly is probably only possible in small countries or countries that don't value the internet.

(End of this chapter)