Chapter 367: The Internet Bubble

On this day, Masayoshi Kishimoto was watching the news on the television in his office. The bursting of the Internet economic bubble had been made to look like the end of the world by the media.

All the major TV stations were following up with a related report. This also included TV Tokyo, which was unique and loved to show anime.

Miyazaki Ryuui came from the office premises of Central District Hard Gold E-Commerce like his ass was on fire to the chairman’s office within the group’s headquarters, and appeared in front of Masayoshi Kishimoto’s eyes.

He gasped, “The NASDAQ index in the United States has plummeted.”

Masayoshi Kishimoto looked at him sideways and calmly said, “Did you come all the way here just to tell me this one thing?”

Miyazaki Ryui believed that the other party must have known about the plunge of the NASDAQ Index in the United States for a long time. It was only that he looked at him with a calm and collected manner.

“Boss, aren’t you at all anxious in your heart? Quite a few investments under the Hard Gold Group have been placed on top of the relevant internet companies.” Miyazaki Ryui asked with some confusion.

“Is there a need for me to be anxious? Do I have to say what my current inner feeling is? That would be the beginning of excitement. Crisis, crisis, without danger, what would be the opportunity?” Justice Kishimoto laughed a little and said.

“Is there a temporary pause in progress on my end?” Miyazaki Ryui did not listen to his words at all, and took the initiative to bring up the purpose and suggestion that he really ran here for, saying.

“Remember this clearly. It’s not parked, but it’s also going to be accelerated. Thanks to the bursting of such an internet economic bubble.

Otherwise, I wouldn’t have been able to make a sweep. I’m afraid that Japan’s domestic Internet-related enterprises have long become ants on a hot pan, anxiously going round and round.

Nowadays, the recruitment of talents in related fields is much easier than in the past! Take advantage of this time, a big low price to annex those small companies that we need in the future.

As for the American side, you don’t have to worry about it. I’ll personally fly over to make some acquisitions.” Masayoshi Kishimoto said in a serious manner.

“Boss, you’re not kidding! Everyone is fleeing the fire scene in droves, and you’re going to rush in.” Miyazaki Ryui said with difficulty understanding.

“Because I’m a firefighter, if I don’t rush towards the fire scene, then where should I rush towards?” Masayoshi Kishimoto completely made it to his heart and said.

“The risk is just too great if you do that.” Miyazaki Ryui seemed to understand and said.

“Don’t forget. I’m a man who specializes in taking risks. Initially, when our company was in its infancy, we also took a big risk.

It is because in the Asian financial turmoil let me profit greatly, is for our company’s rapid development laid a strong financial support.

Currently, in my opinion, the opportunity is once again to appear. I have no reason to let it go and will only grasp it tightly.

If our company wants to make a second leap forward, then we can’t miss such a rare opportunity.” Masayoshi Kishimoto spoke eloquently.

“How could it be the same back then and now? I’ll say some bad words. Initially, you belonged to the barefooted ones who were not afraid to put on shoes, open-minded and daring to make a desperate bet.

Nowadays, you not only wear the best shoes, but also have a family and business. I’m afraid it’s really, really inappropriate for you to go on throwing away money like a gambler.” Miyazaki Ryui approached him and admonished.

Masayoshi Kishimoto didn’t mind that he was being blunt about it, after all, the starting point was for the good of himself and the company. He knew better than Miyazaki Ryui that the market capitalization loss from a bubble like the Internet economic bubble in 2000 was as high as 5 trillion dollars.

If you look at the value alone, the destructive power was not much less than that of the worldwide financial crisis eight years later. The only difference between the two is that the valuation of Internet companies is often artificially and intentionally high by at least hundreds of times.

Luo Yonghao when investing in papi sauce is only 1 million soft sister coins, the result was made high into several hundred million soft sister coins valuation, directly to the other side of the sky. In the end, it should also be the old saying, the higher the climb, the heavier the fall.

The reason why the bursting of the Internet economic bubble is not as powerful as the world financial crisis in 2008 is that its true destructive power in reality is very limited, there is no domino collapse of the chain effect.

“Don’t get too excited. Sit down and have a drink of water and speak slowly. We have plenty of time.” Masayoshi Kishimoto raised his hand to signal him to sit down and said.

Miyazaki Ryui was, after all, someone who had been with him for many years, and saw that the other party wasn’t pretending to be calm, but truly wasn’t the least bit flustered.

However, the situation outside was completely different. Even if it is not Internet-related practitioners, just an ordinary people, but also very worried, afraid of is again like 1997, the same as the Asian financial turmoil.

The destructive power of this financial turmoil is still fresh in the minds of Japanese people, after all, it was only at the end of December 1998 that it was completely over.

Not yet two years of solid life, the economy has not yet fully recovered and warmed up, and then to start a catastrophe, is really unacceptable.

The Nasdaq index in the United States has plummeted, which means that the related technology startup enterprises around the world will also be implicated and affected.

“Boss, do you want to convene a temporary high-level meeting? Listen to everyone’s opinions as well.” Miyazaki Ryui did not sit down and said.

“You shouldn’t be so fidgety. Our company will neither have a broken capital chain nor will we conduct a layoff.

Just do what I have instructed you to do. I’ll still say the same thing, speed up the recruitment of talents in related fields and the annexation of related companies.

If you can’t do that, then I’ll replace you with a new president. You’ll come back to headquarters as the head of planning.” Justice Kishimoto was not able to break things down.

Miyazaki Ryui felt the firmness of his boss’s attitude, so he was too embarrassed to persuade him any further, “Even my life was saved by you in the first place, so I’ll do whatever you tell me to do. I will follow you to the end in my life.”

Masayoshi Kishimoto looked at the television set inside which was broadcasting a talk show. The host had gotten two professors from the University of Tokyo to talk about the bursting of this Internet economic bubble. They both held a pessimistic attitude.

“Don’t talk so pessimistically, okay? It’s not like our company is at a critical juncture of life and death. You shouldn’t be influenced by anything bad from the outside world.

They are just a bunch of rabble. The herd effect happens from them. Even if you’re a so-called professor, so what, if you’re like them, you’re only worthy of teaching and fooling the stream of ordinary people and students.” Masayoshi Kishimoto’s right index finger was pointing at the television screen.

Only then did Miyazaki Ryui put both of his eyes on the TV screen and began to listen carefully to the words being said by the people inside.