Su Yehao stayed with Nong Qingying on the ranch.

For the next two days, he helped to sort out the management of the N3 Ranch, discovering that such a large ranch only had more than three thousand cattle.

Previously, he thought that more than three thousand cattle was already a lot, but compared to the vast area of the ranch, it actually only occupied a small portion of the space.

According to the local old employees:

This was mainly because the previous owner didn't have enough funds. They hadn't repaired the barns or purchased mechanical equipment for many years, and hadn't put their heart into this land.

In addition, environmental protection agencies also required maintaining the original appearance of the area, otherwise, they might issue huge fines.

N3 Ranch mainly does business selling calves, which involves using breeding cattle to produce calves, raising them to a medium size, and selling them to ranchers who need them.

Together with the revenue from wool and farm operations, the total annual profit was only about one million US dollars at best.

They also rented out vacation cabins and charged tourists for admission, but unfortunately, there were too many scenic parks in California, and the tourism business had never developed.

If they really wanted to make a profit:

Even if they deposited the more than thirty million US dollars used to buy the ranch into a bank, the interest would exceed N3 Ranch's annual revenue.

This also explained why N3 Ranch hadn't been sold all along. From a business perspective, it was undoubtedly very uneconomical.

Fortunately, Su Yehao and Nong Qingying had never thought about how much money they would make from this ranch from the beginning, so there was no sense of disappointment.

After patiently touring everywhere, Su Yehao felt that his money was well spent.

Staying here was more restorative than vacationing on an island. The natural scenery was everywhere, with large oak forests and grasslands. Occasionally, he could see animals such as raccoons, squirrels, and wild boars. It could indeed bring spiritual cleansing.

Similar to other trips:

The wonderful experience of arriving in a foreign land only lasted for three and a half days before disappearing.

Poor cell phone signal, slow internet speed, mosquito bites, and a lack of entertainment options all made Su Yehao decisively find an excuse to return to Silicon Valley on his own.

As for Nong Qingying, she planned to stay on the ranch for a few more days until she met with the staff of Aman Hotels to finalize the location for the new hotel.

Compared to spending huge sums of money to build a mansion that she rarely had the opportunity to live in, Su Yehao's suggestion to directly build a hotel-style resort was more in line with the situation of N3 Ranch.

Having a large house on Barker Road on Hong Kong Island, this woman had already lost interest in mansions...

The stock market continued to plummet, and Silicon Valley was once again shrouded in gloom.

As soon as Su Yehao returned to his mansion in Atherton, the butler immediately handed him a pile of documents and told him:

"The same situation has happened again. I remember when you came here last time, you also received a lot of letters seeking financing. These days, I have been receiving batches of people, even more than last time. They apparently heard that you are here, so they want to try their luck."

Looking at the two thick stacks of letters in front of him, Su Yehao sighed helplessly:

"There's no way around it. Starting a business is inherently dangerous, and only a few people can survive. Although the stock market rebounded in the past few months, funds have not flowed back into Silicon Valley. Calculating the time, most start-ups should be running out of money."

In early March of this year, Nasdaq began its first major decline.

After falling by almost two-fifths, the market miraculously rebounded, attracting a large number of new and old investors to buy the dip. Recently, it has once again slaughtered countless investors, and there is wailing in the market.

Unlike the high demand for office buildings in the previous two years, rents in Silicon Valley have dropped a lot. Even near the Atherton area where he lives, many mansions have "For Sale" signs on their lawns, changing from being hard to find a room to being unwanted.

If the previous few times he came to Silicon Valley, the air was filled with the intoxicating smell of US dollars, now it was like the cold of winter, and the atmosphere was so cold that people were expressionless.

It was only September, and many companies had already announced that there would be no bonuses at the end of the year, and they were starting to lay off employees.

Headhunting companies, on the other hand, were booming. Unemployed programmers, financial professionals, and hardware engineers were everywhere.

Yanwenzi Group, on the other hand, chose to abandon the autumn recruitment plan this year, and instead picked and chose on the market, hiring experienced talents at lower prices.

In order to have a stable job, many unruly entrepreneurs became very obedient, and stability became a more important job search goal than prospects and treatment, which led to large internet companies becoming more popular.

Casually pushing the letters towards Linda Yun, Su Yehao said to her:

"You can take a look for me. Behind every letter and document here, there may be a sad and desperate story. I can guess without looking that the lines are filled with negative energy. My mood is good right now, and I don't want to be affected."

Linda Yun had been comfortable living on the N3 Ranch, doing almost nothing all day long. Hearing this, she looked puzzled, and then remembered that she still had to work.

She replied listlessly:

"Okay, they are teetering on the brink of collapse, while you, Ahao, are making a killing. I haven't looked at the market closing data today, but anyway, before I turned off my computer, the Nasdaq index fell another 2%, so the current market isn't about not being able to make money, it's just that these unlucky people don't have your good eye."

"These entrepreneurs are betting their chips on their companies, which is different from investors like me who can't cash out in time and can only go with the flow."

After Su Yehao finished speaking, he asked the butler to lower the room temperature and make him a cup of green tea.

Although he lamented with compassion, it was difficult to truly empathize. With his diversified investment strategy, even if the sky fell, it wouldn't hit him anyway.

Several super-rich people who were originally ahead of Su Yehao had seen their net worth shrink significantly this year, and he had surpassed them one after another, including Yahoo founder Yang Zhiyuan.

In the past six months, many internet companies have been struggling to make their data look better in order to attract investors' attention.

This has directly led to Yanwenzi Group and Google, which mainly make money through advertising, far exceeding their revenue data from the same period last year, achieving six consecutive quarters of growth, and the increase was not small.

In the second quarter of last year, Yanwenzi Group's total revenue was only more than 30 million US dollars, but in the second quarter of this year, it rose to more than 90 million US dollars.

Affected by the good news, the total market value still remained at around 12 billion US dollars, making it one of the few internet giants that have kept their decline within 25% since March.

As for Google:

In the past six months, the number of active users has increased by more than 7 million, and the number of registered users has increased by about 11 million, which is enough to show that the user retention rate is very high, and the performance is so good that the industry is surprised. The valuation has risen against the trend and has attracted much attention.

Although affected by the decline in Yanwenzi Group's stock price, Su Yehao's total net worth was barely the same as at the beginning of the year, even with so much money made from short selling, it didn't increase.

But in terms of the market, a loss is a big gain.

*Forbes* magazine is compiling the latest list of the world's 500 richest people and has already scheduled an interview with Su Yehao, preparing to do a face-to-face interview.

If nothing unexpected happens, he should be able to rank in the top fifteen this year.

Only behind Microsoft's Bill Gates, Oracle's Larry Ellison, Microsoft's Paul Allen, Buffett, and the brothers and sisters of the Walmart family...