Chapter 243： Netflix's future

Reed Hastings lobbied for Blockbuster to buy his company Netflix for $50 million, a failure!

Reed Hastings' failure would be normal if it weren't for looking at this negotiation through a time-scale.

Now is the time when the technology stock bubble bursts, and it is reasonable for companies such as Netflix to be coldly received.

In the past few months, the number of Internet companies that went bankrupt has exceeded triple digits.

Taking 10,000 steps back, even if Netflix's business model is really good, with the strength and connections of Bestda, and with $50 million, still can't come up with its own "Netflix"?

After walking out of the Blockbuster headquarters building, Reed Hastings glanced back, then looked down at his watch.

From the time he entered the building to the time he came out, it took less than 20 minutes in total.

The corner of Reed Hastings' mouth twitched slightly.

His assistant Sean Anderson sighed bitterly.

The sale of Netflix failed, but now the company's capital chain is about to break. If you don't want the company to go bankrupt, there is only one way to go, and that is layoffs!

Sean Anderson's position is very awkward. Once Netflix lays off employees, it must retain the talents of the core business. Even if he is Reed Hastings' assistant, he will also face the crisis of being fired.

Sean Anderson looked up and glanced carefully at Reed Hastings, but was surprised to find that there was no despair and despair on his face after the negotiation failed, but a bit of sarcasm and ridicule.

When Reed Hastings looked back at the Blockbuster with contempt, Sean Anderson's eyes almost popped out.

Boss, isn't it?

At this time, are you really fantasizing about Blockbuster not transforming, and then the building will collapse?

Even if it were to end, with the huge assets and strength of Blockbuster, it would not be exhausted within ten years. On the other hand, if Netflix cannot obtain funds in the short term, it will really face bankruptcy.

Reed Hastings saw Sean Anderson's flustered expression and smiled slightly, "By the way, Sean, have you seen a movie? The name is "Wedding Prodigy"."

"I've seen it, it's a very interesting comedy film, produced by Dunn Pictures, I know." Sean Anderson nodded mechanically.

Reed Hastings laughed: "Then do you know who the heroine of "Wedding Cracker" is?"

Sean Anderson raised his head and thought for a moment, then shook his head, "I just remember a very sweet girl, a little star."

"Her name is Reese, Reese Witherspoon."

"Oh, yes, Witherspoon."

Sean Anderson didn't know whether he really remembered it, or pretended to agree, and looked at Reed Hastings curiously, not knowing what he meant.

The two slowly walked away from the Blockbuster headquarters building, and Reed Hastings said slowly: "Speaking of which, Miss Witherspoon and we both have some connections."

Sean Anderson suddenly laughed and shook his head frequently, "Reed, you are really joking. Although we are doing movie-related business, we are still a long way from being a movie star."

Reed Hastings gave him a deep look, "Sean, I told you a long time ago that we usually pay more attention to some alumni circles, which is good for our career!"

Sean Anderson was confused, "Alumni circle? Did Miss Witherspoon also graduated from Stanford University? No way?"

Reed Hastings glanced at him half-smiling, "Surprise?"

"Huh? Is this true?"

Sean Anderson was really surprised.

Reed Hastings narrowed his eyes slightly, looked at the traffic in the distance, and said lightly: "Do you know Google? Currently the most used search engine in the world, the founders are our two alumni, ah, two Junior. When Google raised money, it was with Witherspoon and with Dunn Walker."

"Dawn Walker?" Sean Anderson's eyes lit up and became more and more surprised, "You mean the Dunn in Hollywood?"

"That's right, it's him." Reed Hastings smiled, "You may not know that Miss Witherspoon is Dunn's secretary."

Sean Anderson opened his mouth, his expression a little stiff.

Such an important thing, and it happened in his alumni circle, he didn't even know it, which was really embarrassing.

"Reed, I seem to understand what you mean. Do you want to contact Dunn Walker through our junior girl?"

"Right on my mind!"

Sean Anderson pondered for a moment, frowned and said: "Difficult! I'm a fan of Dunn, and I still know about him. I know that he made a lot of money in the stock market half a year ago and was on the rich list. But ...he's an outsider after all."

Some things he didn't say.

Some time ago, Dunn spent huge sums of money to acquire a large number of Apple stocks and entered the Apple board of directors. In his opinion, this is no different from giving money, and it is the most stupid behavior.

Reed Hastings pondered for a long time, does Dunn really understand investment?

His investment in Apple is really incomprehensible. However, the Google he invested in is developing rapidly, and another Internet company x...

"By the way, I heard that X company changed its name, have you heard?"

X company's core business is online payment, and Netflix also has a corresponding business, so Sean Anderson paid more attention and immediately said: "Yes, it was renamed, X company acquired confinity company, and the new company after the merger was renamed paypal .Once the company is integrated, paypal will become the number one online payment platform."

Having said this, the expressions of Sean Anderson and Reed Hastings showed a bit of excitement.

It seems that Dunn's investment level is not bad!

Google is already the No. 1 search engine, and Paypal will also become the No. 1 online payment platform.

More importantly, Netflix has an online payment business, and users need to pay online to rent movies.

Netflix and PayPal have the foundation of win-win cooperation!

And Netflix is ​​not an Internet company in the full sense, which is also related to movies. As a big man in Hollywood, Dunn can even invest in Hasbro, not to mention the video rental business downstream of movies?

"At the beginning, Miss Reese Witherspoon's financing of Google and X Company was the bridge between them. If Dunn is really as magical as Wall Street describes, he will definitely be able to see the prospect of Netflix!"

Reed Hastings clenched his fists, and a firmness appeared on his face.

Blockbuster is the first choice in his heart, but unfortunately, Blockbuster's family has a great business and looks down on Netflix at all.

Now, there is only one opportunity left, and that is Dunn Capital.

Whether in Hollywood, Wall Street, or Silicon Valley, Dunn has a great reputation. If he really lives up to his name, he will definitely save Netflix, right?

This is the last retreat.

Of course, even if Dunn is unwilling to accept Netflix, Reed Hastings will never back down.

He has a firm belief in Netflix's business model. Even if he can't get a penny, he will lead Netflix to persevere. The big deal is salary cuts, layoffs, and out-of-pocket payments.

Netflix must have a future!

...

Another weekend, good news for Dunn.

One, Johnny Depp officially signed a 5-film long-term contract with Dunn Pictures, with a cap of $20 million, and the first movie "Pirates: The Curse of the Black Pearl" was paid $8 million.

Second, a Hong Kong rich man surnamed Liu paid $3 million in sponsorship fees and wanted his "girlfriend" to appear in a commercial blockbuster produced by Dunn Pictures. Of course they had to receive such money, and Bill McNick directly arranged for them to go to France and join the crew of Mr. and Mrs. Smith.

Third, after more than 2 months of release, "Spider-Man" finally surpassed "Star Wars Episode 1: The Menace of Ghost Man" at the global box office after the summer season ended, reaching 1.19 billion US dollars! It has become the legendary masterpiece in film history second only to "Titanic".

Fourth, Dunn's private jet, Gulfstream V, has finally been renovated and ready for service!

Because Disney's farce has undergone new changes, and "Spider-Man" has broken the box office record of "Star Wars Episode 1", it is a big happy event. As usual, there is a celebration reception.

Bill McNick invited Dunn to come back to Los Angeles this weekend, and everyone gathered together to chat about the "blocking order".

Because the private jet was in place, Tang En was very excited. This was the first plane he owned in his past and present life!

Dunn made an appointment with Natalie, and called the two starring Claude Russell and Nicole Kidman of "A Beautiful Mind", and took his private jet from the west coast of the Atlantic Ocean to the east coast of the Pacific Ocean. .

This is a Gulfstream V, which is considered the top business jet of this era, but it has a limited area and is only designed with 6 seats. The bedroom, bar, and bathroom don't even need to be thought about.

It was a private jet converted from a Boeing 747, not a Gulfstream series.

The advantages of Gulfstream aircraft are convenience, dexterity, and low cost. The annual cost is about 3 million US dollars.

For private jets like Boeing 747, the standard configuration is 4-5 flight attendants, but for Gulfstream series, one flight attendant is usually enough.

When it comes to the flight attendant, Dunn's eyes involuntarily fell on the only flight attendant on the plane.

She was wearing a red and white uniform, she was in her twenties, **** and beautiful, facing Tang En's gaze, she also showed a warm smile.

All flight attendants on the plane, including the pilot and flight attendant, are attached to Gulfstream. If the customer is not satisfied, they can return it.

As a flight attendant on a private jet, this is definitely the top flight attendant in the United States.

But Dunn always felt that there was a little taste and feeling missing.

Pretty is pretty enough, but it always lacks some of the softness, gentleness and delicacy of Asian flight attendants.

"Okay, don't stare at others! Be careful to scare people away!" Natalie beside her quietly pinched Dunn's arm.

Tang En slightly lowered his voice, "Don't worry, I'm not interested in her!"

"Virtue!"

(Sanqi Chinese)