Chapter 1018

In fact, the boss of William White is very incompetent. The upcoming listing of Yahoo is the top priority of White's investment.

Not to mention the others, just a valuation, a group of Wall Street bigwigs have been quarreling.

Two years ago, how much value could you give to an enterprise with only one million hits?

A hundred million is too expensive, isn't it?

If it wasn't for white, no one would have bet. That's a ridiculous valuation. When you put William White in, was it worth 10 million?

It's not worth it. Five million is the most. But, so what?

In 1996, Yahoo's weekly visits directly jumped to 45 million.

But, so what!

You lose more than one million a year. How can we calculate the P / E ratio? Billion, can't be higher, this is the final offer, we won't add a dime!

However, in the last quarter of 1996, Yahoo's advertising revenue exceeded 10 million yuan. According to the contract they signed now, advertising revenue alone will have a chance to challenge the 100 million mark this year.

The population of the United States is about 270 million, with less than 20% of Internet users. And Yahoo's weekly hits, has been close to 100 million.

Lying trough, a billion? Come on, I'll pay 1.5 billion in cash for the whole acquisition.

Is a company with 80 employees worth 2 billion? As the lead underwriter, Da Mo has collapsed a bit.

"Asshole, what did white investment say about the guy who said he wanted to take over as a whole?"

"Cough, boss, refuse. William White will inject another 200 million. It's worth two billion. "

For a moment, Andy felt the air around him condensing. Nima, Damo has lost his face this time. Will you play?

If it's true that a billion yuan valuation will be listed, it's definitely the biggest joke of the year.

"It's just decided?"

"Yes, William White has come back and rejected the footballer for the first time?"

"Softbank, right?"

"Yes, the footballer retreated. I don't know why."

"Well, what's so strange about that? William White has a close relationship with the footpot consortium. Softbank? Does he think he's Mitsui? "

Of course, William White wants to squeeze sun's space. He's joking. If something goes wrong, it won't end well.

So, on the first day back in Los Angeles, he decided to clean up.

Go away, you are worth a billion dollars at most. Although you are powerful, is there any comparability between us?

To tell you the truth, Philson was puzzled. Of course, it's impossible to be acquired as a whole. It's a bit too much to drive away investors directly, isn't it?

At first, Yang Zhiyuan knew the news, but he also expressed his dissatisfaction. As a matter of fact, he and sun Zhenyi have already had a talk of 7788.

But, two billion!

There is no doubt that the rich are the masters. What's more, William White doesn't want strategic investors, he just limits shares.

What makes Da Mo dumbfounded is that it will be listed in more than a month. If you have a problem at this time, investors should vote with their feet.

But instead of flinching, investors are more excited. After a walk of Softbank, a pile of footpot consortia rushed in.

Is this a conspiracy? Is that why William White went to the foot basin this time?

The fund managers on Wall Street are dizzy. They really don't know what to say in the face of all kinds of clients' consultation.

Dare you say no?

Think of Netscape and Pixar. Didn't you try to belittle them?

What happened?

Customers who feel cheated, of course, vote with their feet. You bastards, will you invest or not!

Damn, why doesn't white fund do private placement.

"Warren, you're a rarity. If you order something to drink, I won't get up to greet you."

William White doesn't mean to neglect Warren Buffett deliberately. The influence behind him is the age of this guy. You should have corresponding respect.

Seeing a mountain of documents, Warren Buffett can't help laughing. Well, there seems to be something wrong with the rumors. It's not stubborn to be able to approve so many documents.

"Are you a year old file?"

"How can it be? These must be signed. A lot of things are sent by e-mail. These have legal effect. It's impossible to send them by e-mail."

"Hahaha, I don't have so many documents to sign."

William White squinted at the goods and handed a cigar. "Come on, Cuba's top products. It's said that they are all made by beautiful women. They don't want to be ugly."

Warren Buffett is not polite to him. When it comes to enjoying himself, he is not as good as he is.

Lighting the cigar, William White turns his sour neck. The click sound makes the opposite Mr. Buffett speechless. You goods, don't go out for a while. It won't be so hard.

"Warren, I'm in business. Of course, there are many things. If it's an investment company, I'll finish it in two days. ""Yes, I'm here today to ask you something."

"I don't dare to ask you. Let's discuss with each other. In fact, I like your investment philosophy very much. By the way, I'm a major shareholder of your company. Don't you know that? "

Buffett held his glasses and puffed on his cigar. How can he not know that nearly 5% of the shares are almost the largest individual shareholders.

"I'm very surprised. Since you agree with value investment, do you think those Internet enterprises are valuable now?"

"of course, at the same time, I correct your statement, I did not say that the Internet has no bubble.

On the contrary, many companies are just messing around. You know, my venture capital company has rarely invested in Internet companies in the United States. "

"You mean, good companies are still valuable."

"In fact, the Internet is a winner take all industry with fierce competition.

What's more, first mover advantage is very important. Without soeasy, Yahoo's valuation would have been higher. As you can see, from the number of hits to advertising revenue, Yahoo has the overall advantage. "

"Winners take all? That's a bit of a risk. "

"It's very big. Soeasy started earlier than Yahoo and has more capital than them. However, soeasy lost. Although the gap is limited, losing means losing.

However, there are also advantages. Search engines are basically the two.

In fact, the two have different ideas. Yahoo is equal to soeasy plus NBC online. It's a portal plus search, and here I am, it's totally two systems. As for the reason, I think you should be able to guess. "

"Hahaha, antitrust? It's a precaution. "

"Well, they are very upset with me. Any guy who comes up always wants to cut me. Of course, I'll give a big meal to everyone who comes up. "

Almost every American knows about William White and the Justice Department. In general, he played a good man who was bullied.

Since he is a good man, the Justice Department is naturally evil. In the long run, the relationship between the two families will be good.

William White is not sure how much Buffett will listen to. In general, he will make some attempts.

Because everyone's identity has arrived, some words can be said directly. In this respect, both William White and Warren Buffett have a good reputation.

What? Why are you cheap, old man.

I think too much. It's just money outside the street. Whoever has the ability will take it. If Buffett invests, Yahoo's valuation will increase again.

If you insist on not letting others take advantage, then simply privatize.

Privatization may be a good choice. However, have you ever seen a privatized Internet company.

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