Chapter 433 Negotiation (2)
"Besides Warcraft Movies and TV, do you also think that Blizzard Capital can enter the financing process, and Watch Ventures can become a public investment company like Berkshire Hathaway?"
Roland repeated Henry Paulson's words. He felt that the bald man was joking!
"No! Is this the result of your research?" Roland shrugged and spread his hands: "If it is the result of careful research, then you should know that whether it is World of Warcraft, Blizzard Capital, or Watch Ventures, In fact, there is no shortage of money.
The stock pledge refinancing strategy of Warcraft Film and Television has passed the most difficult repayment period.
When "X-Men", "Harry-Potter" and "Lord of the Rings" succeeded one after another, the mortgage loan that Warcraft Film and Television should repay already existed. In addition, the public funds raised can also be cashed out for the corresponding income. If it weren't for the embarrassing stuck here of "House of Cards", would you still have an investment idea?
And if they get stuck here, that's okay!
Because I still retain the right to withdraw!
Don’t talk about shale oil!
When I came to New York and met Ronald, I did what George wanted me to do!
And when I agreed to Ronald's invitation to meet with you, what was the final result of the matter?
This has nothing to do with me!
George and the others will not attribute the failure of the matter to me, because they still need Sony to take the blame for themselves now! "
When Roland put the stakes of the matter on the table, the bald man sitting opposite him suddenly laughed.
He wasn't laughing at Roland's irritability, but he felt that the guy who played with his temper from the beginning really knew how to act.
What kind of person is Roland?
They all know it.
Because when Roland's own wealth expanded wildly, information about him was placed on the table of major capitals.
His personality, his attitude, his trading habits, his hobbies...
As long as it is something that can be analyzed, everyone has disassembled it.
Faced with the shocking fact that Microsoft tolerated Yahoo's acquisition and was willing to help, no capital would think that Roland would be irritated by the idea of ??plundering proposed by either party.
After all, a company with hundreds of billions of dollars can be handed over, so how can it be possible to be emotional in a game of tens of billions of assets?
So, after discovering that Roland had a posture of letting go, Henry Paulson immediately opened the drawer beside him.
"Do you need a cigarette or a cigar? If it's a cigarette...Camel, Lucky Strike, Marlboro, 555 have it..."
While speaking, he also took out a pack of cigarettes that hadn't been disassembled, and then opened the drawer on the right with his backhand.
"If it's cigars, Fuente, Partagas, Upmann... I can also provide these..."
"..."
The way of cold treatment made Roland, who was emotionally outburst, hit the cotton in a circle.
Seeing that the bald head didn't confront him head-on at all, Roland, who understood that this guy wasn't up for it, chose to continue.
But when he spoke again, the previous emotions were swept away, "As for Blizzard Capital, it's actually even simpler.
It has already made large-scale profits and does not need financing at all.
And even if you do need financing...
Do you dare to vote for Goldman Sachs?
Based on the 30 times price-earnings ratio of EA, their annual profit exceeds 500 million, and they are worth at least 15 billion.
Even if I don't raise the price, I am willing to sell the shares at this valuation.
But you Goldman Sachs, how many partners agreed to invest at this valuation?
Ten percent is 1.5 billion! Twenty percent is three billion!
The money is of course a small number for you, but...
You are not like me.
I only need to be responsible to myself, but you need to be responsible to shareholders.
As a listed company, when you spend 1.5 billion to 3 billion to invest in a non-listed company, what you need to do is not to spend money, but to find a way to explain to shareholders how much profit this investment will bring you .
If you choose industries such as energy, mining, and manufacturing, you may be able to convince shareholders with reports, but the game industry... periodic development and sales are simply untenable! "
The clean and clear words made Henry Paulson hear the rejection in Roland's words.
But even so, he didn't show any emotion. Instead, he opened a pack of Lucky Strike with a smile, picked one up and put it in his mouth.
With a crisp sound, his cheeks also shrank, and when the green smoke rose, he nodded and responded, "Indeed, if it is really based on the valuation of 15 billion Investing in...shareholders could kick us out of the company."
"..."
The light affirmation made Roland curl his lips.
At a certain moment, Roland really hated this bald head.
Because he is negotiating with Roland seriously!
In the past, when Roland cooperated with others, it was all a bayonet-like communication.
what would you like? What do I want? Everyone is an open and honest couple, and then weigh the pros and cons, and then we can confirm the cooperation.
But now?
Henry Paulson has a bald head, but he doesn't take hard things, he wants to fish in troubled waters!
When Roland said that whether Warcraft Film and Television accepts investment has nothing to do with shale oil, he directly changed the subject!
What does this mean?
Isn't it just to disturb Roland's mentality, and to die on the shale oil project?
When Luo Lanming said that Blizzard Capital did not need financing at all, he even agreed!
What the **** is this?
Didn't you want Roland to think that he was helping the manager and not helping the relatives?
what's next?
As long as Roland's next argument can be directly refuted by him, then he can fight back fundamentally!
Because he was the first to admit Roland's correctness on the small project, occupying the commanding heights of logic!
As long as Roland is caught by him, his counterattack will be the truth!
Although this kind of nesting doll-like logical trap cannot change the overall situation of a matter.
Not only that, this barbaric act will also leave an image of savagery in the opponent's mind.
But which is more important, image or profit?
If you can **** more from others just by tearing up like a shrew, then...
Those who don’t know how to take advantage of it are stupid beeps!
So, when Roland found out that the old man was tricking him, he changed the subject, clasped his hands in his stomach, and said with a smile, "But, the situation of Overwatch Venture Capital and Blizzard Capital is different.
Because the latter is just a pure game company, a lot of profits come from the sale of games.
The former is a symbol of rights. "
As soon as the words came out, Henry Paulson, who was still squinting and smoking, raised his eyebrows.
With one hand on the table, he blinked, as if he wanted to see the guy in front of him clearly, but it was more like he smelled everything.
While he was making this action, Roland didn't doubt his thoughts, because he felt that when he finished speaking, this bald man absolutely couldn't continue to pretend to be dead—
“I believe that besides Goldman Sachs, there are many other people in this world who are staring at Shouwang Venture Capital.
Because no one can resist the temptation of power.
Shouwang Venture Capital is different from investment companies like McAndrews and Forbes under the name of Ronald. Whether it is the cosmetics industry with a market value of tens of billions, the gambling industry with the same weight, or the financial industry that dominates the economy, these fields, In fact, there is no potential to be tapped, but the emerging Internet technology is full of infinite possibilities.
I don’t know if you have read "The Road to the Future" written by William, that is, Bill Gates?
In his book, he has already described the grand scene of the era of Internet technology.
He feels that in the future, when people need to use money, they don’t need to take out banknotes from their wallets as they do now, because computer wallets can help you get everything done anytime, anywhere, and now—
We have PayPal for convenient payment;
He feels that in the future, when people need to buy an item, they don’t need to listen to salespeople chattering in shopping malls as they do now, because buyers’ reviews on the Internet allow people to receive first-hand feedback, and now—
We have online shopping platform Amazon;
He feels that in the future, there will be a new model of music sales. Users will not feel headaches and troubles about the wear and tear of CDs and tapes. In the future, music will be stored on a server for users to download through the Internet. Now—
We already have iTunes and a matching iPod;
He feels that in the future, when people want to find a certain piece of human knowledge, look for important introductions to historical figures and contemporary figures, and detailed descriptions of various events, they no longer need to read the Encyclopedia Britannica, but now—
We already have Google that contains hundreds of millions of entries;
Internet technology is actually a very complex market. Its convenience can accelerate all industries such as finance, shopping, entertainment, etc. Now, who is the most powerful company in the entire industry?
Is it Microsoft that has already occupied the PC port, has an Internet access, and wants to make a smart home?
Is Amazon already posing a threat to offline stores and wants to become Wal-Mart on the Internet?
Is it Google that has monopolized the search market?
Is it Apple trying to break through from the entertainment industry?
Or PayPal, the largest financial service intermediary on the market today?
actually…
None of them.
Because in the field of Internet technology, the most powerful company is Shouwang Venture Capital!
The former companies only control a single market, while the latter are companies that control the market.
As the second largest shareholder of Amazon, Google, and PayPal, and the largest shareholder of Apple, just by voting, he can make guiding opinions on every decision of these companies, and when these markets are all under the orders of one When the company was in business, even if they are not yet profitable, the amount of monopoly alone can make unlimited profits.
Like the bank's Morgan in the early twentieth century.
Shouwang Venture Capital is the Internet within the Internet.
This huge cake cannot be eaten by me alone, so...
Although it does not lack funds like Warcraft Films and Blizzard Capital, I still welcome hot money to enter the market.
As for the valuation...
Microsoft's goal is one trillion. How can these companies add up to five trillion?
Based on the shareholding ratio, the value of Shouwang Venture Capital is at least one trillion yuan.
So, I will sell as many shares as you can get, how about that?
For the sake of my friends, I can give you a discount of 100 billion and 10%! Twenty percent of 190 billion! Thirty percent of 280 billion! Thirty-seven billion and forty percent!
Anyway…
Buy more!
Cheaper! "
"Cough cough cough!"
When Roland turned himself into a TV salesman, and solemnly described the grand blueprint of Internet technology to Henry Paulson, and pushed the valuation of Watch Ventures to one trillion in a solemn tone, the bald man who was smoking there almost lost his Choked to death!
"Estimated at one trillion?"
Henry Paulson, who was smothered by the pungentness of tobacco, had tears in his eyes. He wanted to cry but wanted to laugh more, showing a weirdness that ordinary people could not match, "No... you know that the GDP of the United States last year was only How much?
Ten point five eight trillion!
When a country’s GDP is only 10 trillion yuan, do you think your Shouwang Venture Capital can be worth 1 trillion yuan?
This, this, this is simply..."
It seemed that he didn't know how to evaluate Roland's algorithm, but it was more like a cover up after the negotiating trick was exposed. Henry Paulson waved his hands, trying to organize his words, but after a long while, he returned to calm.
Immediately extinguished the unfinished cigarette butt, and the eyes that looked at Roland were also full of playfulness.
"Okay, okay, it's my problem, I shouldn't have interrupted you, I apologize..."
Although the old man's tone was a bit perfunctory...
Ah no!
He is just perfunctory.
Because he never felt that he was wrong!
But Roland didn't really care, because he also felt that it was only natural to resort to frequent means for his own benefit.
When Henry Paulson changed the topic on the issue of Warcraft Film and Television and nodded in agreement on the issue of Blizzard Capital, Roland already understood that these capitals had already made up their minds before they started, and they wanted to set foot on the road that Roland had built. The Internet Technology Express that took shape was watching the venture capital. Since they were determined to ask for a price, Roland fulfilled their wish and directly quoted!
Don't you want it?
I will open one trillion, and you can pay for it if you want to buy it!
Don't say anything worthless!
Because these guys didn't buy a single company!
If it is just the shares of Apple, Amazon, Google, and PayPal, then one trillion is of course whimsical!
But now, it is the monopoly of the entire industry!
The market value of the former is visible, but the latter cannot be valued!
Because no one is sure whether Amazon can become the Walmart of the Internet!
Because no one can guarantee that Google will never be profitable!
Especially when Apple has revived its vitality in the field of online music and portable media players by relying on its monopoly, and quickly encroached on Sony's market, Henry Paulson, who came here for the monopoly, is even more undeniable !
If he said that Roland's valuation of one trillion yuan is whimsical, then why did Goldman Sachs think about quoting it?
Since you don't believe this business can make money, then why are you here?
If he agrees, and Roland's one trillion valuation fits perfectly with their calculations, then...
Of course Roland will happily sell the company!
Even if Watch Ventures is worth one trillion yuan, it will be twenty years later. What about now?
I can get 900 billion twenty years in advance, and I was so crazy that I refused!
And even if Goldman Sachs can't spend that much money, that's okay!
100 billion sell you 10%!
What a good deal?
Just ask if you want to buy it?
Um? (→↗↘↗↘)
Of course, the reason why Roland offered such a high price was that he refused it in disguise.
His fundamental purpose is to tell the other party that he is not willing to sell while disrupting the routine set by Henry Paulson.
It was precisely because Get reached this point that after apologizing, the bald man also began to flip through the documents in his hand. After he searched through the five volumes, he handed the selected one to Roland.
"I understand what you mean, so you don't need to try this kind of thing."
"Hmm." While accepting the document with a smile, Roland shrugged his shoulders and said, "But I think you have tested my bottom line, so it doesn't make sense to continue, right? ?”
As soon as these words came out, Henry Paulson seemed to have heard the funniest thing in the world, "Bottom line? Don't be kidding. If your bottom line is not to sell, what's the difference between having no bottom line? Anyway, it's already It's over!"
"Wow!" The slightly joking words made Roland giggle, "Are you telling me a joke?
After seeing you again, I always thought that you should be a very silent and serious person. "
"Silent? Serious? That's reserved for outsiders!" Henry Paulson pushed his glasses on the bridge of his nose, denying: "And we, aren't we our own people? If we are outsiders, when you give Shouwang Venture Capital When a trillion is quoted, I'm already snarky - 'Hey boy! Hope you're smart!'
‘We don’t have to buy your shares! Because we can still do it ourselves! '
‘We Goldman Sachs is one of the top five investment banks on Wall Street. We have money and resources in our hands, so we can support an Amazon! A Google! A PayPal! And at that time, you will be the one crying! '"
Before Henry Paulson could finish speaking, Roland forcibly interrupted, and continued: "But alas! The founder of Amazon, Jeff Bezos, belongs to David Shaw, and your Goldman Sachs quantitative analysis business, He also helped design it.
Google’s founders, Sergey Brin and Larry Page, did not escape the racial vicious circle. If you do something about Google, you will be flipping the table that has been balanced for hundreds of years…”
"Really!" Now that Roland had said what he wanted to say, Henry Paulson stopped pretending, but directly said, "Since you know it's a temptation, why did you just do that?" radical?"
"Hey!" Roland felt that this guy was really black-hearted.
“Someone is trying to grab my assets, and whatever I do to keep them shouldn’t count as radical, should it?”
"Hahaha~"
Henry Paulson did not answer Roland's question.
"Hey hey~"
Roland, who was also laughing, looked down at the document.
Yes, the reason why Roland dared to confront Goldman Sachs was because he knew that Goldman Sachs would not do anything to him.
In other words, Goldman Sachs, a financial company that aims to gather Jewish people, will not take the initiative to attack the tribe.
Of course, just having the skin of Steven Spielberg's students is actually not safe, but what goes deeper is actually Roland's deep bond with the Jewish people in various industries...
Whose Amazon is it?
Before Jeff Bezos called the wind and rain, his backer was the king of quantitative analysis, the Jew David Shaw!
Whose Google is it?
Before Larry Page and Sergey Brin joined Wall Street in order to go public, their backers were still their own people, not to mention, the Stanford professor who endorsed them was also a Jew!
And PayPal does have nothing to do with Jews, but Warren Buffett and Goldman Sachs wear a pair of pants!
In addition, there is Bill Gates of Microsoft. When his father can help him settle Microsoft's legal problems, his mother not only helps his company attract business, but also allows Goldman Sachs to promote Microsoft's legal problems. IPO, and subsequent bond underwriting.
In the face of these networks of broken bones and tendons, Goldman Sachs wants to threaten Roland?
What is he threatening?
When Roland asked him to cut down his own people, he didn't dare to cut them down!
In this case, Roland raised the asking price to protect himself. In their view, it was just that the profit was not enough and he didn't want to sell.
Therefore, Henry Paulson, who felt that he had nothing to say, directly handed the transaction agreement drawn up by the company's partners to Roland, and after Roland opened the contract, the first line made him feel black Wire-
‘We can promote the extraction of shale oil, but we need the position of the Secretary of the Treasury in the George Administration! '
Note: ①The P/E ratio of a game company is indeed calculated at 30 times. I mistyped the calculator when I calculated it before. ②The world’s largest quantitative fund held by Goldman Sachs (now closed) was made by David Shaw. Why did Amazon survive the stock market crash and the financial crisis? It can tell all investors in the world that it is not profitable. Because people have money, they can get money. ③Berkshire Hathaway is really the Iron Jewish Party. When the financial crisis came in 2008, Warren Buffett bought Goldman Sachs preferred shares for 5 billion, and after that, he spent another 5 billion to buy Goldman Sachs common stock, you must know that the U.S. Treasury Department saved Goldman Sachs with only 10 billion funds at the time, and Warren Buffett was really selling his pants to save Goldman Sachs. Capital is really played in groups, and a lone wolf really can't survive.
(end of this chapter)
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