American Fortune Life

Chapter 1348: Harsh Hearts (75/78)

“According to information we received from within Starbucks, they will again announce 6,700 downsizing and close 300 outlets at the end of December to cope with the recessionary economic situation.

According to the Starbucks plan, they will complete the plan by the end of September next year. This could have had another huge impact on Starbucks following the announcement in July of a massive downsizing and closing plan.

Starbucks' net profit declined 69% in the third quarter of the fiscal year just ended compared to the same period in the previous fiscal year... ”

Alvitelli provides an update on Starbucks, while Andy is a quick browser of the files in hand.

“Against the bliss of critics, the volatility of public opinion, the fall in stock prices on Wall Street, it has to be said that Schultz's boldness is truly extraordinary.

In a weak international consumer environment, if Starbucks is to continue to pursue good development plans, reforms must be made to empower its business by effectively operating and maintaining basic strengths and brand values.

I very much agree with that that great companies must be accompanied by great management. The influence of a great management on the company is unimaginable, and if, give him time, Schultz brings Starbucks change, it will be successful.

Too bad I won't give him this time! ”

Andy closed the file with a smile and didn't hesitate to admire and compliment Howard Schultz, Chairman and CEO of Starbucks.

Appreciate it, now both sides are on the opposite side, and Andy's men have done almost anything to crush Starbucks' share price over the past few months.

“Closing is a cost reduction that has a positive impact on profits - closing is not necessarily a negative factor for market value.

Starbucks has a fundamentals to support, and anyway, if the boss is going to succeed in acquiring Starbucks, the $5 billion valuation is going to impress some people and requires at least 50% of the shares to take full control of Starbucks.

After all, Howard Schultz's prestige is high and without half the stake, we may not be able to shake his chairman's throne. ”Alvitelli said in a serious manner.

“Well, I know, it was a tiger's mouth, naturally it was a tiger's uniform. Send out the message. Tomorrow, we officially offer Starbucks a takeover, and the plan begins! ”

Andy didn't want to drag it down, Starbucks bought it, he would crush it with enough money, the money was heartwarming, if he wasn't, it must have been the money that wasn't there, and he would keep throwing it with the money!

“Good boss.” Alvitelli nodded seriously, knowing that the next period might be the most tense, grumpy and risky period for his own boss.

As long as it goes smoothly, his own boss will be an entrepreneur with multidisciplinary powers, with a global list of powers, who will act lightly in the world, directly controlling or interfering with enormous financial resources.

“Howard Schultz... ”

Andy's eyebrows wrinkled, his eyes squeezed slightly, his fingers hitting the desktop like a piano, his mouth mumbling the name.

“Talk to him then, you can't run a coffee chain yourself or a CEO anyway, I don't believe Howard Schultz will refuse to continue as CEO, after all, he will still be a board member, his feelings for Starbucks are unusual. ”

As Carl, who knew Andy very well, naturally guessed that Andy was thinking about this Howard Schultz, who might be hostile to each other in the next acquisition, but not that after a successful acquisition, he needed to remain hostile, depending on Andy's volume.

“Can be considered.” Alvitelli was also silent for a moment, and he said peacefully that he believed that think tanks could help his own boss take control of all the companies.

“Let's hope, you know that ‘savages' like me are very unpopular with the founders of the business, and let's hope Howard Schultz sees the acquisition calmly and rationally, or I won't mind kicking him out of Starbucks altogether! ”

Andy nodded with a heavy expression, but his eyes were really very sharp and firm, and he wouldn't drag mud around with water to keep the element of instability.

“Tick--”

At this point, a short phone tone came from Alvitelli's pocket, and Al didn't hesitate to take a blackberry phone out of his pocket and glanced at the screen and said to Andy, “It's Arthur Ranko on Facebook... ”

Andy nodded, this is his designated representative on the Facebook board, and it must be something to send me a message at this time.

“Oh... ”

Watching Al shook his head in the mail and smiled softly, letting Andy and Carl beside him both look at him curiously.

“It was Facebook that bought Twitter for $500 million in shares that was rejected, and the main reason for the abortion was Twitter investors and founders doubting the true value of Facebook shares, as well as concerns about their integration and cost. ”

“Oh, Asako, it's been hit in the face. But Twitter was quite persistent. It was all crushed by my photo walls. The team was scattered and so confident. It was really hard to say. ”

Andy first laughed at Xiao Mazi in a tragedy, but soon his eyes squeezed, his eyes sharply touched his chin, frowned.

Alvitelli was also a convergent smile. In fact, Facebook moved the idea of acquiring Twitter. Facebook's inner rumor was that Facebook CEO Mark Zachborg was rather frustrated with the rise of instagram. According to the company's insiders, Zachborg was very keen on Twitter's development and hoped to take it under his back to fight Andy's photo wall.

Integrating the world's fastest-growing social JIAO website with Twitter's microblogging service is absolutely amazing for Xiao Mazi, and despite Facebook's powerful social JIAO capabilities, innovation in "status updates” has been transcended by Twitter.

And instagram's success threatens the status and development of Facebook, which is certainly unacceptable to Xiao Mazi.

“Last year, Microsoft invested $240 million in 1.6% of Facebook's shares, bringing Facebook's valuation to $15 billion, and then HK's Li Shoufu entered Facebook with this valuation, although it was widely felt that it was overvalued.

But in the latest round of financing, Twitter, valued at only $98 million, refused to buy $500 million in shares, which really surprised me, to be honest. ”

When he heard his boss's doubts, Alvitelli couldn't help but say, “Twitter's investors and executives have great confidence in the company's revenue. Though Twitter is not earning yet, Arthur learned from some of his intellectuals that Twitter is confident that it can earn revenue over time and resist the effects of the recession. ”

“Oh, if Mark really annexed Twitter, relying on the huge number of Facebook registrants, coupled with Twitter, could indeed generate high communication costs, but now, how could I continue to give them this opportunity to grow! ”

Andy grinned and picked up the phone on the table, saying that he found the number of the photo wall company and dialed it out.

“Keep digging Twitter, man! ”

When the phone was on, Andy spoke only one word, and the call ended.