Wall Street Legend
Chapter 104 The Beginning of the New Year
Vacation time.
Nasdaq trades normally during working days, and capital flow has shrunk significantly.
The stocks of the Freshwater Fund were tepid, with a small loss of more than 2.4 million US dollars. They started to go up and down at the end of last year. People were greeted by a slow bull market that lasted for several years, which had already started at the end of last year. .
The employees are about to return to work. Today is January 1, 2003, and there are only two days left before the holiday ends.
Office workers are not students. The longest vacation each year is from Christmas to the New Year in the West. Unless they save up their vacation time for vacation, the beginning of the year means that they have to return to the big city and get back into their busy work.
Ye Dongqing is the boss himself and has almost no idea about whether to take a holiday or not.
He only knows that he needs to get more funds this year and seize the remaining bargain hunting opportunities. Although he has lost more than 10 million US dollars in succession, he can think about it from another perspective, which means that the purchase price will also be lowered.
Others are still in panic, but he is greedily shopping around to hoard stocks. He will never let them out easily unless it is absolutely necessary. Let alone the growth of the stock itself, in a few years, he can get a lot of money on a quarterly basis just from dividends. money.
In addition to the business on Wall Street, according to the plan, Facebook will also be developed this year. First, lay a solid foundation. If you have time, you can also look for other startups suitable for investment. Google and Amazon are worth billions of dollars. Enterprises are too expensive for Ye Dongqing. Even investing in Tencent makes him feel embarrassed. He cannot come up with so much money in a short time.
Opportunities are everywhere, but the trouble is that there is still not enough principal available for investment.
No one would dislike the fact that he has a lot of money, including Ye Dongqing. In fact, from the end of last year to now, he has been able to build a business of this scale in just a few months, which is enough to make people drool with envy.
Let’s look at the crude oil futures market.
The attitude of Washington is unclear, and several countries in the Middle East have increased crude oil extraction. After the oil price reached a peak last month, it quickly fell a lot. If Ye Dongqing had held it until now, he would only have one profit left. More than 18 million US dollars, but the receiver who took over his funds at that time lost money.
In fact, you can still enter the market at this time, but the risk involved is too great. It is far less safe than shorting the high-level crude oil futures after the war broke out, let alone the crazy oil price two years later.
Ye Dongqing is not a god.
He feels that it is better to be more stable in the near future. As for whether to spend 10 to 20 million US dollars to try it, he has not yet made up his mind. The situation caused by the long-short game is very complicated, and he may be involved with all the capital and interest.
Generally speaking, I still tend to join the game. Last time I was able to take risks with investors' funds, but now I can't. Accounts are subject to supervision, and large-amount fund movements cannot be hidden from others.
Fortunately, Freshwater Fund Company still has some book profits left. He can decide how to invest this part. The Securities and Exchange Commission has no control over it. The regulations prohibit the use of investors' money, and it does not say that even the company's book profits cannot be used.
When truly investigated, few financial institutions represented by Wall Street companies are absolutely clean.
Many times, money is right in front of you. Who would be really stupid enough not to touch it? After all, compared with the benefits, the price to pay for violating the rules is too small.
Send Laura home.
The lawyer told Ye Dongqing that she was by his side at that time. He had put his worries aside and was prepared to face any outcome.
Ye Dongqing did not discuss this matter with her in detail, hoping that Laura would understand it on her own, use her brain before deciding to do anything in the future, and weigh the pros and cons before making a decision.
This Mercedes-Benz G appeared downstairs of the hotel for the second time today, and drove away quickly. After returning, I was busy with Laura's affairs and didn't have time to go to Facebook to take a look.
Yesterday I heard on the phone that the number of users has exceeded 10,000. This figure seems a bit pitiful compared with those of large Internet companies. Yahoo, Google and other giants search tens of millions of times every day and open hundreds of millions of websites. However, Ye Dongqing I already feel pretty good. As long as the product quality passes the test, I can always achieve better results in the future.
On the way to the company, I thought that maybe I should recruit more new employees and start to develop it more fully. I would leave the patent issues to a third-party company to handle. I didn’t have any money when I first created it, but I can be a little more comfortable recently. Avoid being cut off halfway because your development speed is too slow.
Even if they have patents, big companies can always think of ways to "learn from experience" and make similar products. How can they compete with others? Where is the user base? It's clear who is stronger and who is weaker.
I bought some food and gifts along the way to show my condolences to the employees who worked overtime during the holiday. The bonuses will also be prepared in advance, and I will only wait for other employees to start working, so that those few can take a short vacation.
The program launched by Facebook is called Facebook, which is translated into Chinese as "Facebook". It focuses on socializing users' text and pictures. When registering, fill in the correct personal information, and you can also search for friends you may know through data matching, such as the same school, For users in the same community, currently only matches from well-known universities are launched, which is a rudimentary version brought to the market to test the waters.
There wasn't much to say. Ye Dongqing went to the company, mainly to offer condolences and understand the situation. When he learned that the proportion of registered users re-activating their accounts within three days was only 4.5%, he understood that he wanted to operate it well. I guess it won't be that easy.
The problem is that there is not enough money to invest. Money is needed to promote and attract traffic, and money is also needed to expand employees in the future.
The current average monthly salary of programmers in New York is as high as six thousand to ten thousand US dollars, and the more experienced ones are even higher. If one hundred people are hired, the monthly employee expenses will be hundreds of thousands. The current account of more than eight million US dollars, It’s hard to say whether we can survive the first quarter of this year.
You start a company as soon as you start a business, and then you spend money like water. It can be expected that the early days of starting a business will be difficult.
*****************
In January in New York, it snows at every turn, the cold wind whizzes through the tall buildings, and pedestrians bundle up in unison.
Taking advantage of the holidays, those who went home to visit relatives or travel, most of them rushed back to the city on the 3rd. It is said that both the airport and the station were blocked.
The mass migration of millions of people has put heavy pressure on New York's transportation hubs. The police have taken to the streets to maintain order in crowded places. The lively Manhattan Island is back.
Young people from outside the country who decide to come out to work have not yet experienced the cruelty of New York and still have beautiful illusions about this city. The Statue of Liberty, the Empire State Building Observation Deck, and the Metropolitan Museum are popular places. The radio host repeatedly warned Don't go there if it's okay.
Some people who originally lived in New York chose to develop in cities with less pressure. Many of them will never come back to live permanently after leaving. Landlords don't care at all, because new people will still rent their houses, all over the United States and even the whole country. The world is sending all kinds of talents to New York, or ordinary people with dreams.
Under such circumstances, the companies under Ye Dongqing's name resumed normal operations. Within one day, they held meetings with employees of Tamsui Fund, Golden Island Financial Management and Facebook. He personally formulated a "2003 Development Plan" and promised If the goal is achieved by the end of the year, another three months' salary will be given as a reward, as well as a luxury car and a mansion.
This cake is relatively large, so it’s not easy to eat it.
For example, the USD 500 million in customer assets of Freshwater Fund and the 10 million registered users of Facebook are all distant goals that need to be looked up to in the eyes of his employees. However, the salesmen of Golden Island Financial Management Company have received The task is to "develop offline", help the company recruit more new employees, strive to conquer several major states on the east coast, and build the company's reputation.
With the new year and new atmosphere, Ye Dongqing continued to focus on big plans to make money. He set a small goal of 200 million US dollars for himself, 150 million for Freshwater Fund and 50 million for Facebook.
After Laura heard about it, she blatantly taunted him: "Don't dream, you are lucky not to lose the money you earned. How can money be so easy to make?"
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