American Fortune Life
Chapter 885 Bragging Thirteen and Real Bull Thirteen
In Andy's previous life, many people felt that Elon Musk was more like a dreamer than an entrepreneur. From a business perspective, the profitability of Musk's electric vehicle, aerospace and solar companies is too poor.
But at least electric cars are on the market, solar energy companies have won big purchase orders from the government, and only this rocket company has become the biggest loser.
In Silicon Valley, Musk is a very controversial person. Most people in the IT industry don’t like him. Imagine that while he was getting married and on his honeymoon, there could be a staff change, and they jointly impeached him and prevented him from being the CEO. This shows how unpopular this guy is.
Andy knows that this guy's rocket launch was successful once, and he cheated a lot of money from the U.S. government. Tesla's electric car was also successfully listed for financing. This one can be invested, and the solar energy project is not bad.
Although this Elon Musk is a very powerful marketing expert, he is also a big talker. Many of his words can only be heard as stories, not true.
Andy's deepest memory is that he wants to put more than 4,000 satellites to form a global WIFI, so that people all over the world can access the Internet at high speed. Well, this is better than the WIFI of Xiao Mazi's unmanned aircraft.
He will also use his rocket to send passengers from New York to Shanghai at a speed of 27,000 kilometers per hour, which only takes 39 minutes. . .
He wants to build a vacuum tube—a high-speed capsule train that shortens the travel time from San Francisco to Los Angeles to 35 minutes. Hearing what he said, the United States, which does not even have a high-speed rail, has suddenly entered the age of science fiction.
I really don’t know how the Rockefeller family that controls energy, the Morgan family that controls the railway, the Citigroup that owns Boeing, the Mellon family that owns the tire industry, and the DuPont consortium that controls General Motors will feel in their hearts. Will he be allowed to lay such vacuum pipes in the US. . .
Not to mention meowing about Mars immigrants, tsk tsk, maybe he really wants to build a rocket to launch his coffin to Mars.
The pictures he painted are more and more moving, but most of them are flowers in the mirror and the moon in the water. The strange thing is that some stories about him have become chicken soup for the public's soul, and many people still drink it happily.
"Al, I heard that Musk is about to become poor. Some media said that he only has hundreds of thousands of dollars in his account..."
Andy skimmed through the documents on electric vehicles and solar energy, and threw them on the desk. He picked up the coffee that his assistant had remade for him, squinted his eyes, and said with a smile on the corner of his mouth.
"It should be about the same. His only $100 million is in the rocket company, which can support him to launch two rockets, and he just got divorced...he is already a poor man."
"Hehe, I think many people in Silicon Valley will open champagne to celebrate. This guy is just as annoying as Larry Ellison. The last time I attended Jobs' reception, I saw Jobs with my own eyes. After introducing Musk, he nodded, turned around and left, not even interested in shaking hands with him, which made Musk feel so embarrassed, haha..."
Alvitley looked at the young boss's malicious smile, and shook his head and laughed. Musk is now facing a big problem, and both Tesla and SpaceX are on the verge of bankruptcy. He was faced with the dilemma of either saving SpaceX alone, or splitting the money evenly. Even splitting the funds is not an ideal solution, as financial difficulties will likely lead to the bankruptcy of both companies. And put all the money into one company, and the other company will definitely fail. He is now borrowing money from all his relatives and friends, and at the same time he has started mass layoffs.
Moreover, Martin Eberhard, one of the founders of Tesla, who came out to start a business with Musk, was also staged a scene where the founder left. Musk, who has completely got Tesla, is now facing the rocket or car choice.
"Come on, Al, I don't think you will just put these projects in front of me casually."
Andy knew that, as his chief think tank, Alvitley would never choose money-losing projects casually for him to invest.
"Boss, do you know how much you are worth now?" Al asked Andy with a serious expression.
"Funds or all industries?" Andy pouted, teasing a little happily.
"Bloomberg just acquired 3.3 billion US dollars of shares, Facebook shares, AMC Cable TV currently has a market value of 5 billion US dollars, Marvel Entertainment Group has a market value of 2.5 billion US dollars, a sports investment company has a market value of 2.2 billion US dollars, and Mockingjay Games is valued at 3 billion US dollars , Wattsup APP is valued at 2 billion US dollars, Musica cloud computing... Liberty City APP Mall... Copyright company...
The total value of assets of these companies has exceeded 21 billion US dollars. If you add the funds you currently hold, your assets have reached 36 billion US dollars. In the Forbes rich list in May this year, you are likely to be Entering the top ten, my God, have you ever thought about it, the boss, the 24-year-old billionaire in the top ten of the rich list, none of the high-quality companies under his name is a listed company. . . "
Andy naturally knew how much assets he had, but in his opinion, it was only the total assets, and the company's valuation was considered gross, and it was not listed. You must know that he owes a lot of debt to the bank, and all companies are non-public private assets. Even if Forbes collects the valuation of comparable companies, it will drop by 5%, and the credibility will be marked as one star. .
What's more, most of his companies are in debt. Marvel Entertainment, with a market value of 2.5 billion, was acquired through a highly leveraged acquisition. It only cost him 500 million US dollars, and the rest was all Bank of America's money. It's no secret that the company is desperately trying to help him earn money to pay back to Bank of America.
The total asset value of more than 36 billion seems to be bluffing. In fact, it is very good for him to have 20 billion. After all, the bank has to pay back the money. Fortunately, most of the companies under him are very profitable. Of course, for example, several IT companies are bottomless pits of burning money. Not only do they not make money, but they also need him to fill in the pits. If they go public, his personal assets will skyrocket.
However, listing is indeed a problem. All these profitable companies are private companies, which will make the American people question it. Maybe once Forbes announces the ranking, some media and people will jump out and ask Andy to list a certain company. Take it out for listing, of course, some interest groups will fan the flames and ask Andy to share.
However, most of the companies in Andy's hands now belong to his own private property. Even if there are several companies with other shareholders, there will never be more than three people, let alone reach the 500 million shareholders who need to disclose financial information to the public. The size of the people's shareholders. (That is, the US Securities Regulatory Commission is forcing the listing)
Both Microsoft and Google were forcibly put on the road to IPO because they issued a large amount of stock to their employees in order to retain talents, and the number of shareholders exceeded 500.
To be honest, Andy's IT companies will eventually distribute shares to their management and employees. Only in this way can talent be retained. As long as Andy dares to be stingy, his talents will be poached by other companies immediately. And for this share, the IPO is not far away.
But now, whether it is Wattsup APP, Musica Cloud Computing, or APP Mall, these companies still need to grow, and it is naturally impossible for Andy to launch them. Even if it wants an IPO, Andy, a greedy guy, has to go through three rounds After the company's financing, it will squeeze out the oil and raise the valuation before choosing to go public.
"You want me to pick one, and then burn money to get the product out and use it as a shield?" Andy frowned and asked as he patted on the three folders.
"That's right, the IT companies you created yourself, boss, are still in the growth stage. That is to say, Wattsup APP is currently developing rapidly and can enter the ranks of burning money. Instagram (photo wall) may come from behind to carry out large-scale development. Large-scale burning of money to attack Twitter and seize the market requires early preparations for financing.
Among these three projects, I am most optimistic about the Tesla electric car. Now you can get it in a package without much money, and then spend money to speed up research and development. The boss will use your personal influence to carry out marketing in person. When the car is manufactured, we will Just hype it up, put it into production and sales, and then start the IPO immediately. In this way, the boss, you can let other companies develop slowly, and you won’t leave people with the impression of being alone, and thus be targeted in isolation. We can’t repeat AOL mistakes. "
Andy pondered about this for a while, but he was also noncommittal. He would have listed a few IT companies for financing. After all, this is the fastest way to make money, and it is also a quick way to occupy the market and eliminate all competition with a lot of money. The best way for the opponent, but game companies, copyright companies, and sports investment companies will not throw out any shares.
After chatting with Alvetrie for a while, when Andy was the only one left in the office, he walked to the floor-to-ceiling windows overlooking the landscape of Manhattan, feeling indescribable, whether he owed the bank With a debt of more than tens of billions of dollars, his total assets have finally reached this level, 36 billion!
"Maybe in this financial turmoil, I can really swallow it in one gulp!"
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