Chicago 1990
Chapter 728: ?Price increase
Latest website: Dr. Chen agreed and couldn't join the job immediately. He had to wait for his morningstar to conclude the two cases of A+CN and Inner City Broadcasting Company.
"I heard that FOX only budgeted a few million for their new 24-hour cable news station, which is less than the money you plan to invest in A+CN."
A week later, Amy’s new play was tragically withdrawn, and the cost of 18 million was only obtained at the box office of 2.3 million in the summer, which was worse than Mira’s return to the Blue Coral Reef, in order to avoid overwhelming media attacks. And mocking, she took Fergie and ran to Europe for vacation.
On Song Ya's side, Dr. Chen made a special trip to Los Angeles to meet the future boss, and got into work early.
There have been some news in the industry. Now the most powerful channel is MSNBC, a joint venture between Microsoft and NBC television network. Microsoft is naturally rich. The two founders, Bill Gates, will undoubtedly be the world’s richest man this year, and Paul Allen is even more so. Spending money in Hollywood, sports, and technology industries, NBC TV network is backed by General Electric, the 19th place in the world’s top 500. This combination of traditional and high-tech industries, old media and new media is unanimously favored by the industry. Can quickly squeeze CUU's leading position in this segment.
The second is the ABC TV network channel. Although ABC’s recent situation is extremely bad, people have a new home! Disney and their acquisition negotiations are close to signing. Disney King Eisner is willing to pay 19 billion yuan to round up ABC and the controlling party Metropolitan Communications. The transaction includes ABC Radio, ESPN, History Channel and a lot of The mess of telecommunications, broadcasting, paper media, production companies, etc., will definitely not be short of money.
The CBS people, who are dubbed by the Americans as the old man station, are as their name suggests. They have always done everything warmly. Since everyone has to engage in a 24-hour cable news station, I will follow up too, but I will slow down and be steady, and discuss it for now. Discuss, anyway, don't worry the audience, I will definitely have what others have.
Only FOX, which was implicated by the capital's News Corporation, is now revealing shabby everywhere.
"That kind of big channel is different from me. Their channel resources, manpower and equipment are readily available, and it is not difficult to understand that it costs less than mine."
Those white TV channels are not their own competitors. Song Ya only cares about two people, Johnson and Oprah, mainly Oprah from the donkey party. That woman’s talk show became famous in Chicago and has her own production company. Pu's studio, company headquarters and part of the studio are also located in Chicago. She has a huge influence throughout the country, and her net worth is not as good as Johnson but she is also very rich.
"The main reason is that Oprah will enter the competition." He said to Dr. Chen.
"Don't worry too much, Oprah has no signs of entering this field now, and she is already much behind us."
Dr. Chen said: "We have Gordon, and I have recently done some understanding. In the field of serious journalism, African-American groups still recognize Gordon more."
"Ok."
Song Ya nodded. It is true, but to be honest, there are two sides to this matter. Both Johnson and Oprah did not participate, indicating that the audience of serious black news programs cannot support a 24-hour news station in their eyes.
In any case, if you really inject capital into the Inner City Broadcasting Corporation, you must find a way to get the evidence of Oprah’s fraudulent donation. The kind of good deeds usually have the video materials at the time, pledge documents, etc. on file.
"Alicia is also about to clarify the operating status of the Inner City Broadcasting Company, and then will have a meeting with the accounting firm, Morningstar, and your political adviser to discuss a more suitable offer and submit it to the Sutton family."
Dr. Chen continued to report.
"That's it. By the way, you came right in time. Come to Silicon Valley with me. Mr. Clark told me to have an important meeting."
The itinerary was very tight, and Song Ya and his party quickly arrived at Netscape's headquarters by private jet.
The IPO is approaching, and the big guys in the conference room here are a little sluggish. Jim Clark and the people from the venture capital company KPCB and the underwriter Morgan Stanley each have their own sides, and they seem to have a bad talk.
"APLUS, just right, our roadshow feedback is good, and we are preparing to increase the issue price of new shares, so please give your opinion."
The issue price at the time of listing is a game with the underwriters and potential buyers. For the company itself, the higher the issue price, the better. If the company's valuation is higher, it can get more cash, but it cannot be higher. To discourage buyers, after all, Americans are not so crazy to play new stocks. For underwriters, it depends on whether the underwriting model is underwriting, consignment, or more complicated balance underwriting or auction underwriting, or even a combination of multiple underwriting agreements.
"Oh, that's a good thing, how much to improve?" Song Ya sat down and asked.
"Fourteen knives." Netscape President Bucksted said: "Isn't it too outrageous?"
"Fourteen knives..." Song Ya thought about it. This price raised Netscape's valuation to more than 1.2 billion. "Haha..." Then the value of his stock here has risen by a lot, and he can't help but grin. Laughed out loud.
"This price is risky."
Quatson of Morgan Stanley poured cold water on him, "Don't forget, you are a start-up company that has difficulty even making profits, and the true reaction of the market may not be fully reflected in the roadshow."
Morgan Stanley may want to lower the price to earn the underwriting price difference, or it may be a heartfelt statement that is sincerely afraid of the project's failure. In short, it is a game. The words spoken by the other party are completely unbelievable. Song Ya looks at Jim Clark.
"We are asking for your opinion." Jim Clark yawned. The meeting should have been a long time.
"I'm just a humble minority shareholder..."
Song Ya's eyes rolled, "What do you think?" He asked Dr. Chen beside him.
"According to the roadshow data..." Dr. Chen studied the files on the table, "There shouldn't be any problems with fourteen dollars, right?"
"look."
The people at KPCB immediately caught the conversation and signaled to Quatterson that their venture capitalists naturally wear a pair of trousers with other shareholders. Besides, their shareholder power is much greater than that of Song Ya, who has sharpened his head and squeezed into the market.
Speaking of which, it was KPCB and Jim Clark that they had a chance to enter the arena because they didn't talk about 5 percent of them. Song Ya looked around and found no regrets from the other party.
"Oh, this is my newly hired venture capital consultant. He will soon become the president of A+ Venture Capital, managing my investment in the technology industry."
Quatson looked at Dr. Chen, Song Ya took the opportunity to introduce him to everyone.
"Fourteen knives?" Quatterson rubbed his brows.
"We have already decided." Jim Clark and KPCB must have reached an agreement, "APLUS, can you confirm it again?"
"Of course, you can. UU reading www.uukanshu.com"
Speaking of having no power to interfere, Song Ya is very satisfied. Jim Clark is his own God of Wealth. Those reprimands in the past are nothing more than 1.2 billion Netscape, so the equity value in his hands is again Followed by a large amount of appreciation...
He thought happily.
"Let's go out and discuss it again." Quatterson exited the meeting room with all Morgan Stanley's people.
"Fxxk, they have discussed it four times. I guess they will have to ask for instructions later."
Backsd leaned tiredly on his chair and complained.
"APLUS, did you open this new venture capital company because you found any good projects?" The air in the room was dull, and the KPCB guy asked with a smile.
"Me? No, I'm just playing around."
Song Ya didn't tell his colleagues, "Are you tired? How about... how about I sing you a song?"
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