Chapter 961: 967

In fact, Simon has already started to set up venture capital funds through various channels to seize China's Internet industry. Listening to Chen Qing's words, he just nodded.

It's Simon's rule not to put eggs in one basket.

The venture capital funds that have been set up are under the names of related or unrelated enterprises in the Westeros system, such as Westeros, igritte, cersei capital, etc. It's not much to add Chen Qing's platform.

Chen Qing is also very clear about this.

In a word, the industries Chen Qing and Lin Su are responsible for account for only a small part of Simon's layout in China, perhaps less than one tenth. In the final analysis, they are still more lovers than assistants to Simon. This man has no intention of restricting them, but obviously does not hold too much expectation.

This is not what Chen Qing wants.

However, Chen Qing knows that if she wants to break through this boundary, she must make real achievements.

Skipping this topic, Chen Qing talks with Simon about the increasingly booming VCD industry on the other side of the ocean.

According to the latest statistics, as of last week, VCD is mainly for the Greater China market. Since the beginning of the year, the cumulative shipment of this new electronic product has reached 5.23 million units. It is expected that the overall shipment in the first half of 1996 is expected to exceed 6 million units. Compared with the conservative forecast of 10 million units at the beginning of the year, the total shipment of VCD in 1996 may reach 15 million units or so.

As the only supplier of VCD video decoder chips, even in order to promote the popularization of VCD prices and snipe potential competitors and continuously reduce prices, scupper maintains a high net profit of about $15 per VCD video decoder chip. Coupled with the revenue of VCD solutions and other parts, scupper's net profit in 1996 is expected to reach $300 million .

This expected net profit figure is higher than the annual revenue of scopper in 1995.

The most amazing thing is the market value of scupper.

Due to the unexpected outbreak of VCD industry, this humble video chip development company, which had a market value of only over $100 million before the acquisition of Westeros last year, has a market value of $16.3 billion in the Nasdaq market. According to the last quarter's financial report, the P / E ratio has reached an amazing 81 times.

This proves once again how crazy the new technology industry is.

Last year, westrow took more than half of scupper at a total cost of $94 million. At present, 47.70% of scupper shares are directly held by westrow system, and 2.65% of Chen Qing's and Lin Su's shares together add up to 53%. In just over a year, the book value of these shares has increased to US $8.639 billion, with a 91 fold increase in value.

Not to mention Simon's book income, it's just Chen Qing and Lin Su, whose shares are worth more than $400 million.

Such wealth, has reached the "Forbes" US 400 rich list entry threshold.

With the continuous rise of scopper's stock and the fact that both women have joined the US nationality, they will enter the new year's Forbes 400 rich list in the second half of the year as long as they are willing. In just over a year, we have created two new super rich people at the level of the rich list, and only westero system has this crazy ability to create wealth.

Chen Qing shrank in Simon's arms, chatting about related topics. Thinking of this, even though she once had the boldest ambition, she did not expect that she could reach this level in such a short time: "400 million dollars, boss, I don't know how to spend it."

At this stage, China's domestic, let alone 400 million US dollars, wealth of 400 million yuan are very few.

Simon felt the soft jade in his arms and said with a smile: "don't be so unpromising. In addition, I remember you pledged these shares. This matter should have been dealt with. Be careful to make it self defeating."

Chen Qing nodded: "of course, I'm still glad that it was just a pledge at the beginning, but there was no cash out, otherwise I would have cried now."

Last year, in order to subscribe for igritte's shares, Chen Qing pledged her shares of SGB to obtain US $20 million. After igritte's listing, its share price rose sharply, making Chen Qing a fortune. However, the stock price of scopper rose more crazily. In order to avoid a long night's dream, Chen Qing quickly sold some igritte shares to repay her debt and redeemed her scopper shares.

Now we can see that the market value of igritte has only tripled since it was listed last year, while scupper has soared more than ten times in the same period of time.

Chen Qing is really glad that she didn't cash out last year.

You know, she really had this idea at that time. After all, Scomber's stock has more than quintupled in just half a year, and she seems to be in a very high position. What's more, her boss is not optimistic about Scomber's future, and everyone is more optimistic about igrit's future.

Igritte has risen from the IPO level of $100 billion to the current level of $300 billion. Because of its size, the growth rate is also terrible.It's just that it's not as crazy as Scomber.

After all, the size of scopper is small enough. In addition to its own performance and the halo of westero concept stocks, it is also convenient for the capital market to speculate.

Fortunately, I met bill spatter of First Boston, grace spatter's husband, who helped her introduce the pledge channel instead of cash out.

Again, it shows the importance of networking.

Because of this, even though the wings are hard now, Chen Qing has no idea of leaving the man around her.

If she leaves, maybe she can't spend all her assets in her life, but at the same time, she will lose a lot of further steps, which is actually the most ideal result. Even without Simon's support, Chen Qing feels that she may become a child walking through the busy market with gold nuggets, which is bound to attract a lot of malicious covets.

The world is far less peaceful than ordinary people think, especially at the top of the pyramid. The higher it goes, the more dangerous it is.

The outbreak of VCD industry started in 1996, and it was 1997 when it reached the level of ten million sales. Influenced by Simon, a big butterfly, some things were obviously ahead of schedule. However, stimulated by the outbreak of VCD industry, the overseas enterprise giants who were still bickering about DVD standards and potential copyright disputes also put down their prejudices and began to reach an agreement. The promotion of DVD was also greatly advanced.

Therefore, the rapid growth and decline of VCD industry is almost inevitable.

Simon thought so and said to Chen Qing: "also, don't forget what I said to you at the beginning. Now we can carry out transformation or cash out on scopper. My goal is too big. We can only take our time. The shares of you and Linsu are less than 5%, and the restrictions are relatively small. We'd better clear the position and cash out as soon as possible. We don't want to wait for the stock price to be higher and so on It's usually not very good. "

Chen Qing nodded obediently and said: "as early as the end of the year, scopper's DVD decoder chips can also start shipping. Since the boss says that DVD is the future, even if VCD in Asia is declining rapidly, we can continue to occupy a certain share in the DVD industry, which can continue to support scopper's performance. In addition, boss, as a major shareholder, you can't cash out too much directly, but with the high market value of scopper at this time, we can take scopper's stock as a banknote to launch an acquisition, can't we? "

Simon listened to Chen Qing say, a little stunned, then showed appreciation smile: "it seems that you did not relax the wall street side of the homework."

took the stock with high value as a "banknote" to launch a takeover. The most classic case is Simon's acquisition of Time Warner at the peak of the new technology bubble. After the completion of the

transaction, the new technology bubble burst, and the value of AOL rapidly shrank by 90%, which is the true value of AOL. Without this merger, not worth a penny, the US stock online shareholders will shrink by 90% in the hands of the new technology bubble, or even if the situation worsens, the bankruptcy of the US online is directly worthless. Compared to

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, Time Warner's share price in the new technology bubble is also high, but after all, there are substantial mass media assets, and relatively gold is also very high. After the merger of AOL and Time Warner at the ratio of 55:45, shareholders of AOL actually took only one tenth of AOL's shares in exchange for Time Warner's shares.

image analogy, American online shareholders are equivalent to the value of their hands has been seriously overestimated to gold equivalent to the silver equivalent to half of the silver half of gold, when the price of foam silver fell to normal levels, the remaining half of the gold is real.

Similarly, the full amount of gold in the hands of the original Time Warner shareholders has become half gold and half silver, which is equivalent to directly evaporating more than half of the value. That's final. Flower briefly as the broad-leaved epiphyllum of

, the market value is not all bubble. After all, the net profit of $300 million a year is fixed. The prospect of VCD industry is destined to be a flash in the market.

In this case, Simon, as a major shareholder, is unlikely to cash out too much in the short term. It is undoubtedly the best solution to launch an acquisition by using the shell of scupper. Now to launch an acquisition, as long as the right target is chosen, it is equivalent to exchanging the actual silver for the same weight of gold.

When the tide of VCD industry fades, there may be another gold mine left in vestro system.

If you think about it carefully, it's very maneuverable. After all, few people can accurately see the future of VCD industry. Simon knows that VCD industry has only been prosperous for two or three years. Others may not think so when they watch the miracle of VCD industry.

Now the question is which one to choose?

Holding the soft jade in my arms, I discussed for a while, but it didn't work out for a while.

The VCD industry in Asia will remain at its peak for at least two years. This is not urgent, so we turn to other topics.

It's late at night.Occasionally, she grabs the man's arm and looks at the Patek Philippe watch. She finds that it's more than ten o'clock. Chen Qing slides out of Simon's arms, kneels on the carpet beside the man's feet, looks up at Simon with an interesting expression, and reaches for her little hand.

But it was stopped.

Simon held up the woman's delicate chin, stretched out an index finger and quickly drew on Chen Qing's forehead.

Chen Qing blinked and reacted.

This is a word "forbidden.".

Again.

Not giving up, Chen Qing put her hands on the man's lap, and continued to look up at Simon in a posture that could stimulate the man's senses: "boss, it's good not to be so restrained once in a while, isn't it?"

Simon just pushed the girl: "I'm not sure. Go to the tea table."

Chen Qing insisted a little, see no effect, cleverly move the body to climb behind the coffee table, and then found a problem: "boss, only I am a?"

Simon cocked up his legs to watch the show and said with a smile, "you don't have Lin to bully you tonight. You have to bully yourself."

Chen Qing no longer said anything, but her expression soon became resentful. She bit her red lips and began to change her posture.

The next day was Saturday.

Simon gets up early as usual. Last night, Chen Qing performed very hard alone. She seldom idles in bed until Simon rushes to Manhattan after breakfast. After a busy morning in Manhattan, Simon flew by helicopter to East Hampton on Long Island for lunch with his mother and daughter.

Choose to rest in the afternoon.

Instead of going to the nearby Guofeng Art Troupe, I sat under the eaves of the villa's backyard and looked at the script. One of them attracted Simon's interest. It's called extreme cold. It's written by the director of mummy, Stephen Sommers.

Of course, I know about this project.

This is a typical failure case of Disney in the late 1990s, with an investment of US $45 million and a local box office of only US $10 million.

In retrospect, in the late 1990s, Disney experienced a series of upheavals, such as the departure of Jeffrey carsenberg and the expulsion of Michael owitz. In fact, Disney's vitality has been greatly damaged. Although it successfully merged metropolitan ABC Group, Michael Eisner is still in power, but it is far less dazzling than in the early 1990s.

It can be said that from 1995 to 2005, Disney almost lost ten years. During this period, the only thing Disney can win is Pixar's 3D animation.

However, Pixar does not belong to Disney.

Because of its dependence on Pixar, this 3D animation film company is growing, further eroding Disney's own resources, and even a super Oolong has taken place. Although the cost of this phenomenal horror film, the sixth sense of the supernatural, has reached 40 million US dollars due to Bruce Willis' participation, the global box office is 670 million US dollars.

For outsiders, such a return on investment, Disney certainly make a lot of money.

In fact, this is not the case.

Disney has no confidence in the new director's horror film because the film performance continues to be in the doldrums. With Bruce Willis joining in, Disney is more cautious with the cost of 40 million US dollars. As a result, Disney has played a trick and sold "sixth sense" to an independent production company in advance. Disney only reserves the distribution right.

The results are conceivable.

In the end, Disney only earned a distribution fee from the huge box office revenue of "the sixth sense of the supernatural." Disney also had to drink soup for the follow-up videos and TV broadcasts.

Thinking of these, Simon can't help introspecting and reflecting.

Denise's entertainment is booming, but it's not as good as Simon's.

When an enterprise is too large, all kinds of problems are bound to come.

With more and more things at hand, Simon gradually began to hope to let danilisi entertainment go as far as possible, but he also knew that once he let go, this huge media entertainment empire would probably fall into the internal friction situation of Time Warner after Steve Ross died a few years ago. Only Simon himself keeps a strong control over the company, can danilisi entertainment, whose corporate structure tends to be flat, be firmly united.

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