Rebirth Capital Entertainment

"Congratulations, now you are the god of wealth in the hearts of the American people, the next Bill Gates."

In the Kaos office of Google headquarters, Mike Moritz took the coffee handed by Lin Zhiling, glanced at the beautiful and sexy secretary a little longer, then took a sip of the coffee, and then said with a smile.

"Hahaha, these are just false names, how can we take them seriously?"

Kaos leaned back in his chair and looked at Mike Moritz very relaxedly, but he did not take it seriously in the face of the outside world's pursuit.

In the latest Google financial report, the daily revenue only reached 1.75 million US dollars. Although this revenue is among the top among the current Internet companies, the revenue of about 630 million in one year is compared with the current market value of 80.9 billion US dollars.

, no matter how you look at it, it is a bit asymmetrical.

Just to earn $80.9 billion, Google would need to go without food for more than 120 years.

The moisture in this is very obvious, but now is the year when the Internet is booming. Investors and most institutions are full of hope for the blue ocean of the Internet, which makes people not feel at all that there is any

The problem is that it continues to drive up the stock price.

Kaos knows very well that how much people admire Google now and how much they admire him as a young rich man, how much they will despise and dislike him in a few months.

This is why Kaos doesn't pay attention to outside sounds.

"Kaos, this is not a false name. Although the other shares are only book figures, the 5% that will be sold to us is real money. Isn't it interesting? The gambling agreement will be implemented now."

Mike Moritz still complimented Kaos in his words, but there was some temptation in them.

"Haha, didn't the agreement expire in early December?"

The hand that was about to pick up the tea cup on the table paused, but Kaos suddenly raised his head and looked at Mike Moritz. After a while, he asked with a smile.

"It's not that it has far exceeded the set target of 50 billion market value. The company is worried that the stock price will continue to rise. By then, we will spend more money, and we will not be able to afford it when we are not trading."

Staring directly at Kaos, Mike Moritz put on a very embarrassed and wry smile.

"Mike, don't be ridiculous. With Sequoia Capital's financing capabilities, four to five billion US dollars will be a problem? And if you get the shares I sold, you can just resell them."

Kaos didn't believe Mike Moritz's lies at all. The stocks listed on Nasdaq were all tradable stocks. They could be resold directly after being listed, and there was no domestic lock-up period.

Of course, if you don't want to lose control of the company, the number of shares in the hands of company controllers like Kaos must be kept within a safe range.

The other part is the major shareholders, such as Sequoia Capital. Although they hold tradable shares, they exceed 5%, so they must make an announcement three months in advance before making a sale. However, you must pay attention to the details of each sale.

Quantity, whether the market can absorb it.

Otherwise, the volume is too large and no one will take over the order. Maybe you haven't sold yet, but the stock price has fallen first. By then, the company's stock price will be smashed, but in the end, you will lose more than you gain, and it will be difficult to sell the stock.

This is also something that major shareholders need to pay attention to when selling their shares.

But these things should not be difficult for companies like Sequoia Capital. They should have many financing channels, and there are also many high-quality securities firms that can accept the stocks in their hands.

If it doesn't even have this ability, then I'm afraid Sequoia Capital is not far from bankruptcy.

"You! We naturally have many channels, but you should also know that the shares we hold are not just yours. No matter how many connections and channels we have, it will not be enough at the critical moment."

Mike Moritz sighed helplessly. The elephant has the suffering of the elephant, and the ant has the suffering of the ant. Neither party can fully understand the other's situation, but they both think that the other is living a happy life.

"Oh, that's right, but you also know that there is still a lot of room for the stock price to rise. If I trade now, I will lose a lot of money."

Mike Moritz didn't say it clearly, but Kaos heard something from it. Sequoia Capital had already begun to cash out its Internet company stocks in a planned way.

The stock prices of Internet companies have skyrocketed in the past half year or so. If Google or Yahoo still need to send people to investigate the market situation, Sequoia Capital holds almost all high-quality Internet companies in the United States and has an understanding of the operating conditions of each company.

.

With the most comprehensive data in hand, you must have sensed the irrationality of the market. For example, during the Chinese New Year last year, Yahoo and Google had a market value of just over 10 billion, but now, only 8 months have passed, but their market values ​​have increased rapidly.

Eight times.

However, the revenue capacity has not increased so exaggeratedly, especially when most Internet companies in the market are still operating at a loss with no income, which makes the situation in the stock market even more bizarre.

Anyone who is smart will know that there is overheating, and the Internet bubble will burst at any time.

Under such circumstances, Sequoia Capital will naturally not sit still, but will actively welcome the arrival of the bubble and try its best to trade some of the stocks in its hands. This is also a situation where Sequoia Capital will have insufficient financing and trading channels.

Of course, even so, they would only trade a small part of the stocks on hand. Sequoia Capital also knew very well that they could not trade off all the stocks in hand, otherwise they would probably be the ones who burst the Internet bubble in the end.

But even this is enough. If you trade part of it, you can get back all or double the money raised in the past. The remaining stocks and shares in your hands are all earned now.

By then, even if the bubble bursts, they will not lose money, and they will even have accumulated new ammunition for a new round of investment in the future.

This is also the reason why Mike Moritz wants to deliver the gambling agreement in advance. Otherwise, who knows what the stock price will be like in December, it may rise to a new terrifying height. If it is delivered by then, it is likely to cost more.

The price will be higher, and it will be more difficult for them to deal with the stocks they bought at high prices.

As for the stock market crash that occurs near expiration, it is not in Mike Moritz's calculations at all, because it is predictable that the stock market crash may happen soon, but when it will happen specifically is a matter of magic.

Mike Moritz just hopes that the bubble bursts later so that they can have more time to prepare.