The Super-GEMAYA Cold War Escalation
With no more physical assets to be mined - Judgement Day did arrive and John Connor was now working at Google, Governor Schwarzenegger was facing a race riot from the next generation of Crips, who were unhappy about exclusion from The Grid, which back in The Web 2.0 Enlightenment had meant free wifi and applications supported by advertising. Everyone had a unique digital ID that tracked where they went, what they were saying and who they were interacting with, all on autotagged satellite images tracking every movement, person and transaction. There was no safe or private space. Dissenters of Googleplex 2 had their access cut-off and tried to live outside The Grid on dial up and the hotbot engine using a version pre-Lycos acquisition. First Class Citizens lived in 7 star luxury in a gated virtual community known as GEMAYA that had Governor Schwarzenegger as its leader. (rumours were dark fiber had caused seismic shifts in California which was now underwater) Historian John Battelle JR, trying to understand the subtext of his dads Federated Media, was looking through the digital archives of the universities which had been indexed prior to their eventual absorption into GEMAYA in a stock/cash deal, and found an article about GOOG buying into AOL at a $20b market cap (3 times revenue if growth targets were hit) AOL hoped to have a nice run on the public market - but making GOOG even richer. This led to the Yahoo/MSN alliance - which made sense at the time given MS had no real interest in being a media company, although Live.com/Office widgets were to be free / ad supported. YHOO bought 5% of MSN for $500M @ $10b valuation. It wasnt long before there was a rapid escalation of large caps wanting to become supercaps (AMZN/IACI ultimately merged with EBAY/SKYPE) : "Although Google will hold only a 5 percent stake in AOL, it retains the right to demand an IPO beginning in July 2008, according to the SEC documents. If Time Warner doesn't want to pursue an IPO then, it could buy back Google's stake based on a fair market appraisal, the filing said."
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