Chicago 1990
Chapter 730: ? Ability to burn money
Latest website: "Mr. Dingkins, Russell Simmons has just submitted their offer."
Dingkins teaches at Columbia University during the day and has a regular talk show at the New York Main Station in the evening. He comes almost every day. The next day Pierre Sutton waited for him quickly and reported excitedly: "Three thousand Wan has injected capital, 30% of the equity, four directors and chairman of the board, they also demanded the right to dispose of non-performing assets."
"Let me see."
The old man shook after receiving the file, "So thin?"
"It's not easy for them. Only last night they decided on the proportion of investment, and they will quote today." Pierre Sutton explained.
"Ok."
Dingkins put on reading glasses and studied it carefully, "Did you disclose to them what APLUS submitted? I think this quote is a copy." Those who have been the mayor of New York cannot hide this trick from him. .
"It was not completely handed over to them. The capital injection documents submitted to us by APLUS consisted of several cartons. I only gave a summary." Pierre Sutton laughed.
"So Russell Simmons also copied a summary? Unfortunately, this is not a bid. He also cleverly increased the quotation slightly and asked for equity to be lowered to ensure that he could win the bid..."
Dingkins finished reading the three simple papers quickly. "The abilities of the two sides are too much different from Pierre. Although APLUS is a little harsher, it is really working hard..."
"Isn't this more detrimental to us? Russell Simmons is much easier to deal with than him, and it is indeed a good thing to ask for a lower equity."
Pierre Sutton said.
"I'm done politically. Your father was done politically in the 1970s. Rangel is no longer the same with us except the Apollo Theater. All the political hopes of our group rest on little Patterson alone. He is just an ordinary senator in New York State, and his eye disease is getting worse."
Dingkins sighed, "Inner City Broadcasting Corporation can't continue the previous model. You and I know this well. If you just want to maintain it, 30 million won't help us much."
"Russell Simmons has more affection for the Apollo Theater. He is a musician in New York. He loves Manhattan and Harlem. He is willing to do everything possible to help us keep the Apollo Theater."
Pierre Sutton continued to persuade, "And APLUS firmly doesn't want to take the risk of the Apollo Theater. At this point, glaring Wrangell's pass cannot pass."
"Ok."
Now Dingkins was persuaded, thinking about taking up the document in his hand and reading it again, "What's the proportion of Russell Simmons' capital? He accounts for 51%, Quincy Jones accounts for 100%. Thirty percent. Some other friends in the circle share 4%. This engineering construction company accounts for 15%? Wait, I seem to remember this construction company..."
Dingkins glared at Pierre Sutton, picked up the landline and dialed, "Let the city police commissioner answer the phone. There is no appointment. I am Dingkins."
"This is just an investment..." Pierre Sutton looked at the old man beggingly.
"Hey, it's me, do you know... the construction company? Behind them is... OK, I see."
Dingkins hung up the phone angrily, "We can't accept Italian money. This construction company is a business opened by the black party after whitewashing and landing. You tell Russell Simmons, I don't care how he gets in touch with Italians. Yes, but either change the investor in this part or withdraw!"
"The Italians don't like Giuliani, just like us." Pierre Sutton also wanted to save it.
"So? Giuliani is indeed an enemy, but after all, he still dare not do anything to us blacks for the time being. If we take money from the Italians, it would be almost equivalent to declaring war... He has been fighting the Mafia for decades."
Dingkins is very clear-headed.
"Russell Simmons said that it was introduced by Motula, and Motula assured that the source of funds is okay."
Pierre Sutton said.
"Tommy Motula? It turned out to be the anti-APLUS alliance?" Dingkins still shook his head. "Our power can't be used to target the young African-American light. Don't get us in the end like MJ and Simpson. The collective embarrassment."
"APLUS's treatment of Russell Simmons and Quincy Jones is not much better. He has done a lot of things against them and LLCoolJ recently."
Pierre Sutton asked, "Aren't these people the light of African descent?"
Dingkins hesitated again, "So, in short, the two groups of people competing with each other are beneficial to us. You can tell APLUS about this matter again, and let's talk about the price."
"That's what I think."
Pierre Sutton was finally satisfied.
"Wait, I will call APLUS myself, right now."
Dingkins dialed Song Ya's cell phone again, "Linda? This is Dingkins, where is APLUS?"
"Hello Mr. Dingkins."
The mobile phone was delivered to Song Ya.
"I understand. I will discuss the new quotation with the law firm in charge of this matter." Song Ya said after listening to Dingkins's euphemism.
"Please pay attention to APLUS. We don't want any restrictions on the Apollo Theater. This is the bottom line." Dingkins warned.
"Ok."
Song Ya hung up the phone, "Alicia, Russell Simmons also took action over there, what should I do?"
"We said before and firmly maintain the offer. Inner City Broadcasters cannot easily use our competition with Russell Simmons to profit."
Alicia said, "Didn't you say that you are not very interested in capitalizing yourself?"
"The opposing faction has added another enemy of mine."
Song Ya said.
"You have a lot of enemies." Alicia smiled and lifted the glass. "Considering that you are only twenty years old, maybe you should consider tempering your temper?"
"It's almost twenty-one." Song Ya also smiled.
"Oh, you can't drink for now." She jokingly reached out to grab the glass in Song Ya's hand.
"Hey, it's okay to have two drinks with you."
Song Ya subconsciously squeezed her wrist, she tried to break free, the two of you came and I got involved.
"So what should we do now?"
Ms. Sloan, who was standing next to her, swept their eyes for a few rounds and then suddenly spoke. Song Ya quickly let go and took a sip of wine with Alicia to dilute the weak ambiguity.
The Motula guy suddenly got rid of the wiretapping case without knowing how, and now he is starting to be a demon again. It is not good news for him to join forces with Quincy Jones and others, "Inner City Broadcasting Company, Inner City Broadcasting Company..." Song Ya muttered to herself, making repeated choices, and finally Oprah's little handle had the upper hand, "Give the spare offer to the past."
"The alternate offer also stipulates that we must completely avoid the risks of the Apollo Theater." Ms. Sloan said.
"I'll talk to Dingkins again."
Song Ya asked Linda to call back, "Mr. Dingkins, maybe you have noticed that I am really serious. After I inject capital, I will run your Inner City Broadcasting Company to a new level, considering that I will have my own A soon. +CN News Channel, that channel has received unanimous optimism from Morningstar and Northern Trust. They will also join in the initial investment, and Comcast will also invest a little."
"Apollo Theater." The old man only cared about this.
"The Apollo Theater is a big risk. I can’t ignore it. Believe me, my money and management capabilities are much better than those of Russell Simmons and Quincy Jones. You know, it’s easy to start a new company in the technology industry now. You can get a large amount of venture capital, but some people survived, and some died soon. I concluded that the biggest difference is the ability to burn money. It is difficult to get investment. How to spend investors Money is even more difficult. Even if a big-handed company without any planning has correct business judgments, even if it takes the lead in the industry, it may lose out in the competition with latecomers that burn more efficiently..."
He began to repeat Jim Clark's words, "Only I can save the Inner City Broadcasting Company. Quincy Jones and the others will definitely not, because I can even level the chemical plant."
"I agree, I agree, you may be able to persuade me, but Wrangell cannot be persuaded, without him nodding, the Inner City Broadcasting Corporation will not accept your funding child, you know what his foundation depends on for survival, and then consider it. Right."
Dingkins said, "I'll talk to Wrangel again, or maybe you two make an appointment to talk frankly and frankly?"
"Ok."
Song Ya reluctantly hung up the phone, "It's still a problem for the Apollo Theater. The Manhattan Gang will never accept that we ignore the risk of operating rights there."
"So..." Alicia asked.
"That's it. Now that we have set the bottom line for the negotiation, we just need to follow the plan. I am not the one who changes after making a good idea." Song Ya sighed, "The project is cancelled and the team is disbanded."
"OK, I will send you the bill for my law firm's participation in the pre-work soon."
Alicia laughed.
"And mine." Ms. Sloan followed.
"OK, OK, send them to me, two ‘precious’ ladies..." Song Ya began to verbalize.
"Boss, Dr. May." Linda came over again.
"What's the matter?" Song Ya answered the phone call of Dr. Mei, who has been working as a "supervisor" at 3DFX. The three founders of ~www.wuxiaspot.com~ said that they are almost burning out the venture capital money, and now the 3D chip will be delivered. For the wafer fab to do pre-streaming and trial production, it still needs to increase investment..."
Dr. May reports.
"No, just... burned out? My five million, and the millions of other investors... burned out? So fast?" Song Ya just pretended to be beaten in front of Dingkins. I was so angry with the swindlers.
"Yes, they said the tape out and other costs for the foundry, as well as the advance payment for the formal manufacturing process..."
Dr. May explained, "This is how the chip industry burns money."
"How much do you need?"
"No one can't do it."
"Fxxk! Those three bastards, wait for me, I'll take someone to San Jose!"
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