American Fortune Life
Chapter 1367 Cruel and merciless (seventy-five/seventy-eight)
"According to the news we got from Starbucks, they will announce 6,700 layoffs and close 300 stores at the end of December to deal with the sluggish economic situation.
According to Starbucks' plan, they will complete the above plan by the end of September next year. This is another huge impact on Starbucks after the announcement of large-scale layoffs and store closures in July.
In the just-concluded third quarter of this fiscal year, Starbucks' net profit fell 69% compared with the same period of the previous fiscal year. . . "
Alvitley introduced the latest situation of Starbucks, while Andy quickly browsed the files in his hand.
"To withstand the schadenfreude of critics, the capriciousness of public opinion, and the plummeting stock prices on Wall Street, I have to say that Schultz's courage is indeed extraordinary.
In the weak international consumption environment, if Starbucks wants to continue to pursue a good development plan, it must carry out reforms and strengthen its commercial strength through effective operations and maintaining basic strength and brand value.
On this point, I fully agree that a great company must be accompanied by a great management. The influence of a great management on the company is unimaginable. Given time, the changes that Schultz brings to Starbucks will be successful.
Unfortunately, I will not give him this time! "
Andy smiled as he closed the document, not stinging his admiration and praise for Howard Schultz, the chairman and CEO of Starbucks.
Appreciation is all appreciation, and now the two sides are on opposite sides. In the past few months, Andy's subordinates have used almost every means to suppress the stock price of Starbucks.
"Closing stores is to reduce costs and have a positive impact on profits-the factor of closing stores is not necessarily negative for market value.
Starbucks has a fundamental support. In any case, if the boss wants to successfully acquire Starbucks, the valuation of 5 billion US dollars can impress some people. At least more than 50% of the shares are needed to fully control Starbucks.
After all, Howard Schultz's prestige is very high. Without half of the shares, we may not be able to shake his chairmanship. " Alvetrie said with a serious face.
"Well, I know, it's a tiger's mouth to eat, so naturally I want to subdue the tiger, let's send the news. Tomorrow, I will formally issue a purchase offer to Starbucks, and the plan will begin!"
Andy doesn't want to procrastinate any longer. He will overwhelm the Starbucks acquisition with sufficient funds. The money will move people's hearts.
"Okay boss." Alvetrie responded with a serious nod. He knew that the next period of time might become the most nervous, anxious, and risky period for his boss.
As long as he gets through it smoothly, his boss will soar into the sky and become an entrepreneur with important behavior in the world, who directly controls or interferes with huge financial resources, and has power in many fields. He will definitely have a place in the global power list.
"Howard Schultz..."
Andy frowned, squinted his eyes slightly, and kept tapping the table with his fingers like playing a piano, murmuring the name in his mouth.
"When the time comes to talk to him, anyway, you can't manage a coffee chain company yourself, you still need to find a CEO, I don't believe Howard Schultz will refuse to continue to be the CEO, after all, he will still be a member of the board of directors , his affection for Starbucks is not ordinary."
As Carl who knows Andy very well, he naturally guessed that Andy is thinking about Howard Schultz, and may be hostile to each other in the next acquisition process, but it does not mean that after the successful acquisition, he needs to continue to be hostile. The key still depends on Andy's size.
"It can be considered." Alvitley also pondered for a moment, and echoed, he believed that the think tank could help his boss control all the companies.
"I hope, you know that a 'barbarian' like me is very unpopular with business founders, I hope Howard Schultz can look at this acquisition calmly and rationally,
Otherwise I don't mind kicking him out of Starbucks entirely! "
Andy nodded with a solemn expression, but the light in his eyes was indeed unusually sharp and firm, and he would not sloppyly keep the unstable factors by his side.
"Beep--"
At this moment, there was a short mobile phone notification tone in Alvetrie's pocket. Al took out a BlackBerry mobile phone from his pocket without hesitation, glanced at the screen, and said to Andy: "It's Arthur Lane from Facebook. division..."
Andy nodded. This is the representative he appointed on the Facebook board of directors. It must be something to send a message at this time.
"hehe..."
Al, who was reading the mail, shook his head and chuckled, causing Andy and Carl to look at him curiously.
"It was Facebook who wanted to acquire Twitter with US$500 million in stock, but was rejected. The main reason for the transaction abort was that Twitter's investors and founders doubted the true value of Facebook's stock, and they also had concerns about the integration and cost of the two parties."
"Hehe, Xiao Mazi has been slapped in the face. However, Twitter is quite able to persevere. It has been suppressed like that by my photo wall, and the team has been poached. It is really not to be underestimated for being so confident."
Andy first gloated and laughed at Xiao Mazi, but soon narrowed his eyes, rubbed his chin sharply, and said with a frown.
Alvetrie also restrained his smile. In fact, the reason why Facebook moved the idea of acquiring Twitter was that Facebook CEO Mark Zuckerberg was quite disappointed and unhappy that the rise of Instagram took away the limelight. According to company insiders, Zuckerberg is very optimistic about the development of Twitter and hopes to bring it under his command to deal with Andy's photo wall.
Integrating the world's fastest growing social website with Twitter's microblogging service is definitely a match made in heaven in Xiao Mazi's view. Although Facebook has a powerful social function, its innovation in "status update" has been surpassed by Twitter. beyond.
And the success of Instagram has threatened the status and development of Facebook, which is undoubtedly unacceptable to Xiao Mazi.
"Last year, Microsoft invested US$240 million to acquire a 1.6% stake in Facebook, making Facebook's valuation reach US$15 billion. Afterwards, HK's richest man Li also invested in Facebook at this valuation, although the outside world generally believes that this valuation is too high. high.
But in its latest funding round, Twitter, which was valued at only $98 million, turned down a $500 million stock offer, which, to be honest, surprised me. "
Hearing his boss' doubts, Alvitley couldn't help but explain: "Twitter's investors and executives have great confidence in the company's revenue. Although Twitter has no revenue yet, Arthur has learned from some People familiar with the matter have heard that Twitter is very confident that, given time, Twitter can generate revenue and weather the effects of an economic downturn.”
"Hehe, if Mark really annexed Twitter, relying on Facebook's huge number of registered users, plus Twitter, can indeed generate high communication fees, but now, how can I continue to give them this opportunity to grow and develop! "
Andy picked up the mobile phone on the table with a sneer on his face, and while talking, he found out the number of the photo wall company and dialed it.
"Keep digging Twitter people!"
The phone was connected, and Andy only said a word, and then ended the call.
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