hollywood entertainment mogul
028 Miramax
"Lauren, Mr. Valentin said that Cisco has recently transferred a large number of shares. Do you have any news about this?"
By the floor-to-ceiling window, Duka asked while holding a wine glass.
"Yes, according to the news obtained by the company, the two founders of Cisco, Mr. and Mrs. Posak, are about to quit Cisco and cash in their shares. Cisco needs a large amount of funds to take over the business and ensure the normal operation of the company."
Lauren talked about the internal disputes within Cisco.
After Valundin became the chairman of Cisco in 1988, he hired John Moglichi as the company's CEO, and the two founders, Leonard Bosak and Ms. Santi Lerner, served as technical director, CTO and deputy customer service department respectively.
President.
After the new management was established, the two founders and the two managers often clashed.
Ms. Sandy Lerner scolded Valentin and John Mowgli for only knowing how to make money through Cisco, which was not in line with their original intention of founding Cisco.
The two managers accused the two founders of not knowing how to operate and also liked to interfere in the company's management randomly, which had become an obstacle to the company's progress.
At the end of August this year, Cisco held a board meeting and fired Ms. Santi Lerner from her position.
Another founder, Leonard Posak, was dissatisfied with the board's decision and subsequently announced his resignation.
The two founders are technical experts and are not good at workplace struggles. Their actions are exactly what Fan Lundin and others want.
After Cisco went public, the company attracted many talents to join, and there were no problems in technical research. This caused the two founders to become less and less important to the company.
After several negotiations, the two parties did not reach a settlement.
The two founders decided to exit Cisco and cash in their shares.
Together, the two hold 35% of Cisco's total shares, worth between one and two hundred million U.S. dollars.
"35%?"
Duca is a little regretful. If he had 200 million US dollars and took all of it, he would not necessarily... in the future.
If you become a major shareholder of Cisco, even if you do nothing with the shares, it will inevitably affect the development of Cisco. It is not certain whether it can grow into a behemoth with a market value of US$500 billion in the future. After all, long-term investment is never a matter of
Hammer sale.
"Lauren, how much Cisco stock can we get?"
"How much are you going to buy?"
"How about 8 million?"
At present, he has two accounts, one is Citibank, which only has more than 400,000, and he does not plan to use this money for the time being.
The other is a Morgan bank account that originally had more than 10 million. After buying a car and then a house, there was only 9 million left.
Use 8 million to buy Cisco stocks, and use the rest as pocket money or other investments.
"Yes, there are several Cisco shareholders among Morgan's clients. Since they are clients represented by the same company, we will combine these shares and hold them on Morgan's behalf. This will expand our voice on the Cisco board of directors. What do you think?
How about it?"
"How many shares do they have?"
"About 4.8%. They started buying Cisco a few months after it went public, and they are currently making a lot of money."
Lauren opened her notebook and said.
"If several customers within Morgan disagree with a certain decision made by Cisco, how should we deal with it?"
Duca asked after eating a piece of dessert.
"This kind of thing is very rare. First of all, the information the client receives comes from Morgan. When the company collects and studies the information, it will give the most reasonable opinion, which is definitely more reliable than an individual's decision;
Only when several other shareholders join together can they have greater voting rights. If they vote separately, the power will inevitably be dispersed. Some shareholders cannot enter the board of directors, and even if some shareholders enter the board of directors, they will not have much say. This is not beneficial. So we
The customary approach is to try to unify internal opinions first..."
Lauren talked about the combined shareholders in detail.
"sounds good."
Duca agreed with his proposal. Morgan Company has a large number of investment consultants and information analysts, which is equivalent to a think tank. The information they produce is definitely more accurate than the conclusions drawn by individuals.
"One more thing. I introduced you just now as the founder of Sagittarius Investment Company. We can register an investment company first and then buy Cisco shares in the name of the company, which can effectively avoid taxes."
Lauren suggested.
Duca nodded, "I will contact the lawyer to register, and I will leave the purchase of Cisco shares to you."
"No problem, I will try my best to get as many shares as possible through company channels."
Lauren Tynes raised his glass and smiled.
"Waiting for your good news."
Duca smiled and touched him.
——
After Lauren left, he wandered around the hall, occasionally stopping to listen to other project introductions. In the middle, he saw a celebrity with a fat body, a big belly, and a thick neck. If he put on a white coat, he would look like a celebrity.
Everyone thinks of him as a chef.
This man is the famous producer Harvey Weinstein, the founder of Miramax Films, an iconic figure in the future of independent production, and one of the old Hollywood perverts.
Last year, Miramax released three films, "Cinema Paradiso", "My Left Foot" and "Sex, Lies, Videotape", which were hugely successful, and Harvey became a big figure in the film industry.
At this time, the big shot stood in front of the big real estate developer Stephen Ross, stating the advantages and potential of the film industry, hoping that the other party would invest in his film company, but the other party was not very interested.
"Stephen, don't refuse. Let me tell you a statistic. Last year, major domestic theater chains sold a total of 2.3 billion movie tickets, with total box office revenue exceeding US$8.5 billion and DVD revenue exceeding US$12 billion. Including overseas markets,
Pay TV licensing, overseas pay TV, etc., a movie with a box office of 100 million US dollars, the net profit is more than double, investment in the movie will definitely not be a loss."
Harvey's eloquence is good. He keeps gesticulating when he speaks and is very contagious.
"Harvey, the news said that you made 100 million from three movies last year, which is no worse than the six major film companies. Does your company still need new investment?"
Stephen Ross asked, holding a cigar.
"Of course, I used to be a film distributor and only buy finished films for distribution. Now I am going to change my career to be a producer and invest in the production of films by myself. I will make three or five films a year. I need more money to start projects, so I will
No amount of money is enough for me."
Harvey spread his hands and said.
Stephen Ross thought for a moment, "How many shares can you give me for investing 20 million?"
"If you invest in Miramax, I can give you 20% of the shares. If you want to invest in a specific film project, this will be determined based on the film's budget."
"20%? Miramax has a market value of US$100 million? I remember that Total Film magazine valued Miramax at US$68 million."
Stephen Ross frowned.
"Haha, Miramax's market value is indeed less than 100 million, but my value is definitely more than 100 million. Not long ago, MGM offered me a big contract of 100 million US dollars, asking me to be the president of the company. I was
I refused, so investing in my company will definitely not make a loss."
[To be honest, I have been using Yeguo to read and catch up on books recently. I can switch sources and read aloud with many sounds. www. Android and Apple are available.]
Harvey said confidently.
Stephen Ross laughed, "Yes, you are more than 100 million, but the economy has continued to decline recently and the real estate market is very bad. All my funds have been trapped and I have no extra funds to invest in other projects. Maybe we can cooperate in the future."
"
"What a shame, I look forward to cooperating with you!"
Harvey laughed while holding the wine glass.
At this time, the two of them also noticed Duka who was listening on the side.
Duka smiled softly, took a step forward, said hello to the two of them, and introduced himself.
"My name is Duka King, and I own an investment company. I am more interested in the film industry, so I listened to a few more words. I hope Mr. Weinstein will not blame him."
"It's okay, Mr. Jin, do you want to invest in a movie?"
Harvey asked enthusiastically.
"Yes, I have this plan."
"Haha, Mr. Jin, how about investing in Miramax? I will give you 25% of the shares for 20 million."
Harvey patted his belly and said.
"Hey, Harvey, why did you only give me 20% of my 20 million?!"
Stephen Ross said with feigned dissatisfaction.
"Haha, the reason is very simple. Mr. Jin is young, handsome and rich. No matter from every aspect, he is a very worthy partner."
Harvey opened his mouth and laughed.
"Thank you Mr. Weinstein for the compliment, but I am more interested in investing in specific film projects than investing in film companies. This is my business card, Mr. Weinstein. If you have a suitable film project, please remember to contact me. We will
We can talk."
Duca took out a card with only his name and phone number written on it and said.
"Haha, I didn't expect there would be an unexpected harvest today."
Harvey laughed a few times and handed him a business card.
Duca smiled, put away the other party's business card, and was about to leave to listen to the investment projects nearby. Sharon Stone walked over from the crowd, with long legs, wearing a close-fitting off-the-shoulder dress, and a graceful figure.
"Duka, you are here, oh, Mr. Ross, Mr. Weinstein, good evening!"
Sharon Stone greeted with a smile.
"Sharon? Are you and Mr. Jin together?"
Harvey looked at the two of them curiously.
"Yes!"
Sharon Stone held Duca's arm and smiled.
"Haha, Mr. Jin, you just said you wanted to invest in movies. Was it because of beauties?"
Harvey blinked and smiled.
Duka smiled and said, "It doesn't seem like there's any delay in making money?"
"Yes, I agree with that."
Harvey squinted his eyes and smiled, secretly assessing Mr. Dukakin's situation.
This man is young and well-mannered, and his speech and behavior are elegant. He should be the heir of a certain family. He took the money from his family and came to Los Angeles to practice and become a movie star.
"Hey~Duka, come over and have a chat."
At this time, Andrew Getty waved from the opposite aisle.
"Mr. Ross, Mr. Weinstein, I'm sorry."
Duka said hello and pulled Sharon Stone over.
Harvey looked at the backs of the two people, and then at the young man from the Getty family, becoming more convinced of this idea.
"Harvey, you seem to have found a good investor."
Stephen Ross said.
"I hope you're right."
Harvey raised his glass and smiled.
——
You'll Also Like
-
Pirates: I plundered entries in the underwater prison!
Chapter 114 15 hours ago -
Doomsday: Sign in to the planetary shelter at the beginning
Chapter 1376 20 hours ago -
My Players' Second Playthrough
Chapter 370 20 hours ago -
Dominate the Game of Thrones with Mount and Blade
Chapter 209 20 hours ago -
Participating in a money-saving variety show, earning billions because of stinginess
Chapter 109 20 hours ago -
Mortal Cultivator
Chapter 334 20 hours ago -
My villain wants to save himself, but the yandere heroine disagrees
Chapter 537 20 hours ago -
Honkai Impact 3rd: Live broadcast room, start!
Chapter 163 20 hours ago -
I have become the zombie king, and the zombie apocalypse has just broken out.
Chapter 261 20 hours ago -
Plundering countless entries, I became a god in the wasteland era
Chapter 182 20 hours ago