Rebirth Capital Entertainment

Chapter 53: Trouble in the News Section

"Oh... Kaos, nice to see you..."

While Kaos was playing around, Mike Moritz walked over from another VIP room, looked at Kaos, opened his hands and said hello with a smile.

"I can see you're not happy, vampire."

Avoiding Lin Yifei's claws, Kaos walked forward and hugged the other party gently, and then responded with a smile. Although he said that he was not happy to see the other party, he could clearly feel it in his movements.

, Kaos was just joking.

"Haha, you really made me sad. For the future you mentioned, I didn't ask the traders to sell a stock."

Mike Moritz's eyes flickered a little, and he looked around the room where Kaos was as he spoke. He felt slightly relieved when he saw that the trader belonging to Kaos was not operating a computer.

As the only project he currently has with Yahoo, how could he not pay attention to the listing on Nasdaq? He even came to the exchange in person because of the gambling agreement.

According to customary project listings, Sequoia Capital will sell a part of its shares to meet its own needs. The current price of 18.75 billion has already brought nearly 50% of the income compared to the last time they invested in it, and it is only a matter of time.

One month's time.

Not to mention that the capital invested in earlier stages has tripled. Don’t underestimate this number. In any venture investment, results cannot be achieved in a short time. Which company has not experienced ups and downs?

It only went on the market four or five years ago.

Masayoshi Son made hundreds of billions by investing in Papa Ma, but it took more than ten years to achieve the result. If something went wrong in the meantime, the money invested would have been lost long ago.

Compared to the kind of venture capital that invested in Dad Ma, Mike Moritz prefers projects like Google today. You can already see the successful harvesting of the fruits almost when you invest.

But what Mike Moritz, an old fox, is even more looking forward to is what Kaos said when the market value exceeds US$50 billion.

"Okay, stop reading. I'm not selling any stocks here. After all, I'm more optimistic about Google's future than I am now."

Kaos could see Mike Moritz's poor peeping behavior at a glance, and it seemed that the other party had no intention of hiding it. This made Kaos very annoyed and patted Mike Moritz on the shoulder.

"Hehe, I'm just making sure. Seeing you are so confident makes me relieved."

Mike Moritz smiled and didn't care at all. Instead, he put his arm around Kaos' shoulders and said.

"Of course I am confident. By the way, do you know of any serious newspapers that you can recommend? I plan to acquire one in the next step to expand Google's news section."

He rolled his eyes at Mike Moritz and wanted to drive him away, but then Kaos thought for a moment and asked Mike Moritz.

According to Kaos, patents are often a kind of protection for inventors, but sometimes they are an obstacle to society, civilization, and technological progress.

American newspapers also have patent rights, so Google's news section encountered a big problem when operating it, that is, web crawlers cannot retrieve these news articles at will, but require professional editors to re-write them.

Articles and News.

This is very different from the online media in later generations of China. It also greatly hinders and limits the timeliness of news, and has always been slower than other newspapers and media.

At the same time, the media's sensitivity to news is not at all, which makes Google's news section a bit useless, so it wants to acquire one or several newspapers to supplement the shortcomings of the news section.

"Well, if you are talking about the rigor of journalism, then the New York Times meets your requirements, and with their huge size, they have enough outstanding talents to supplement your needs.

But that is the foundation of the New York Times Group. If you want to get it, you may have to acquire it completely, or at least take a controlling stake."

Regarding Kaos's problem, Mike Moritz just thought about it for a moment, then gave Kaos suggestions and told him about the troubles he might encounter.

"The New York Times Group.."

Mike Moritz's words made Kaos fall into silence.

The New York Times, the Washington Post, and the Los Angeles Times are the three most influential newspapers in the United States today. You may not have known this before your rebirth, but now that Kaos has lived in the United States for more than ten years, how could he not know this?

.

These three newspapers not only have huge influence and long history, but also because they are all backed by a newspaper group, which are quite powerful newspaper monopolies.

As for the New York Times Group, in addition to the New York Times, there are 18 regional newspapers of various sizes, 8 television stations, and 2 radio stations, with a market value of no less than 4 billion US dollars.

If it's like swallowing the other party, I'm afraid the premium alone will not be a small amount.

With Google's current cash flow, there may be some problems in completing its wholly-owned acquisition, but it can still be done if it only holds a controlling stake.

But in this way, I am afraid that half of the cash raised by Google will be used. Is it worth doing this just for a news section? This makes Kaos feel hesitant.

"Haha, you don't have to be so entangled. After all, it's not certain whether it can be acquired. You can consider it after I investigate here. Maybe there are other better targets.

Okay, you are busy first, I will go to dinner first, the company has some business to discuss in the afternoon."

Mike Moritz patted Kaos on the shoulder, turned around and walked out of the VIP room.

"hehe..."

Kaos looked at Mike Moritz leaving and had some reaction. The acquisition of a company is not that simple. If he wants to swallow the other party, he must also have the intention of the other party.

Carson turned around and looked at the stock market again because it opened in the afternoon. He shook his head and waved to Liu Yifei, indicating that they should go home.

Of course, before leaving, Kaos did not forget to take away the camera he took with him that morning. The photos inside were his first time on the Nasdaq, so they have special collection significance.

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