Hollywood Hunter

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Simon had actually already started to set up a venture capital fund to grab the Chinese internet industry, and just nodded his head at Chen Qing's words.

Not putting eggs in one basket is Simon's consistent rule.

The venture capital funds that had already been set up were all under the names of Westeros related or unrelated companies such as Westeros, Ignite, Cersei Capital, etc. It wasn't too much to add one more Chen Qing.

In the end, they were still more lovers than assistants to Simon. This man did not mean to restrict them, but he obviously did not expect much from them.

This was not what Qing Chen wanted.

However, Chen Qing knew even more that in order to break through this boundary, she had to make real achievements.

Thinking this way, she brought the topic back to the VCD industry which was getting more and more prosperous on the other side of the ocean.

According to the latest statistics, as of last week, the total shipment of VCDs in the whole Greater China region reached 5.23 million units, and the overall shipment in the first half of the year is expected to break through 6 million units, compared to the conservative forecast of 10 million units at the beginning of the year, the total shipment of VCDs in the whole Greater China region may be between 14 million and 15 million this year.

As the only supplier of VCD video decoding chip, even if the price of VCD is reduced continuously in order to push the price of VCD to be commoner and snipe potential competitors, Scotch-Brite can maintain a high net profit of about $15 for each VCD video decoding chip, together with the income from VCD solutions and other parts, Scotch-Brite's annual net profit in 1996 may reach $300 million.

It is Scotch Plaid's market capitalization that is most amazing.

As a result of the unexpected explosion of the Asian VCD industry, the market capitalization of this obscure video chip design company, which was only $100 million before the acquisition by Westeros last year, has now reached $16.3 billion on the Nasdaq market, with a P/E ratio of a staggering 81 times according to the last quarterly earnings report that has already been released.

This actually proves once again just how crazy the new tech industry is right now.

Last year, Westeros took more than half of Scotia's shares, spending a total of $94 million. Now, Westeros directly owns 47.70% of Scotch Plaid's shares, with Qing Chen and Lin Su each holding 2.65%, making a total of 53%, and in just over a year, the book value of this invested stock has grown to $8.639 billion, a 91-fold increase in value.

Not to mention Simon's book income, just Chen Qing and Lin Su, the value of their respective stocks is already more than $400 million.

This kind of wealth is already close to the entry threshold of the US 400 richest people list.

With the continued rise of Scottrade's stock and the fact that both women have already been naturalized as US citizens, there is no doubt whatsoever that the two will be able to advance on the new annual Forbes US 400 list in the second half of the year if they want to. In just over a year's time to create two brand new US 400 richest people at the level of the super-rich, only the Westeros system possessed this kind of crazy wealth-creating ability.

Chen Qing shrunk in Simon's arms, chatting about related topics, thinking of this, even once had the most daring ambitions, did not expect to be able to reach this level: "400 million dollars, boss, I do not know how to spend it."

At this stage, within China, let alone $400 million, there are very few tycoons with a fortune of RMB 400 million.

Simon smiled, "Don't be so useless, besides, I remember you pledged this batch of shares, this matter should have been dealt with in the first place, be careful of making things worse."

Chen Qing nodded, "Of course, I'm still glad that it was only a pledge and not a sale, otherwise I would be crying now."

Last year, in order to subscribe for Ygritte shares, Chen Qing pledged his Scotia shares to get $20 million.

Now, Ygritte's market capitalization has only tripled since its IPO last year, while Scotty's has soared more than tenfold.

Chen Qing was really glad that she didn't cash out last year.

You should know, she was really produce this kind of idea, after all, the stock of Scotch Plaid has just half a year time more than five times, in her view is also in a very high position, not to mention the own boss in Scotch Plaid prospect is not too optimistic, and, everyone is more optimistic about the future of Ygritte.

Igorit has risen from the $100 billion level of the IPO to the current $300 billion level, such a volume, the growth rate is also terrifying.

It's just not as crazy as Scottrade's after all.

After all, Scottrade was small enough that it was convenient for the capital markets to speculate, in addition to its own track record and aura.

Fortunately, she was acquainted with First Boston's Bill Spurter, Grace Spurter's husband, who helped introduce her to pledge channels without having to cash out.

Thus once again the importance of connections was evident.

This was also even though the wings were now considered somewhat hard, Chen Qing had no thoughts of leaving the man beside her at all.

If she left, she might not be able to spend all the assets she had now for the rest of her life, but, at the same time, she would have a lot of steps to climb up the ladder further, which was still the shallowest result. Even with the loss of reliance, Chen Qing knew that she was likely to be reduced to a child carrying a gold nugget through the downtown area, which would surely attract a large number of covetous people with bad intentions.

This world was far from as peaceful as ordinary people thought, especially the top of the pyramid, the higher up it went, the more treacherous it became.

Memory of the Asian VCD industry exploded in 1997, and now, because of the influence of Simon, the big butterfly, this event is a year ahead of schedule.

Likewise, the promotion of DVDs was also significantly advanced by the explosion of the VCD industry in Asia.

As a result, the rapid growth and rapid decline of the VCD industry is almost inevitable.

The company has been in the process of developing the new product for the past few years, and has been able to develop the new product for a long time. Too good."

Chen Qing nodded obediently and said, "By the end of the year at the earliest, Scorber's DVD decoding chips can also start shipping, and since the boss says that DVD is the future, even if the VCD is rapidly declining over there in Asia, we can continue to occupy a certain share of the DVD industry, and we can also continue to support Scorber's performance. In addition, boss, although as a major shareholder, you can't directly cash out too much on your side, but with the high market value of Scotia at this time, we can take Scotia's shares as banknotes to initiate a takeover, can't we?"

Simon was slightly stunned when he heard Qing Chen say that, then he smiled: "It seems that you didn't relax your homework on this side of Wall Street."

The most classic case of taking highly valued stocks as 'money' to initiate an acquisition happened to be the acquisition of Time Warner by America Online at the peak of the bubble in Simon's memory, a deal in which all the shareholders of the original America Online had made a huge profit.

You know, once this deal was completed, the new tech bubble burst and the value of America Online quickly shrank by as much as 90% of its true value.

Without that merger, it would have actually been the equivalent of all AOL shareholders losing 90% of the value of their stock in their hands after the bursting of the new tech bubble, or even, just plain worthless as the situation worsened to the point where AOL went bankrupt.

By comparison, Time Warner's stock price during the new tech bubble, while equally high, was equally high in monetary value. When AOL and Time Warner merged in a 55-to-45 share swap, it amounted to AOL shareholders exchanging AOL stock, which was actually worth only a tenth of its value, for Time Warner stock, which had a very high monetary value.

Figuratively speaking, AOL shareholders are exchanging silver bullion, which is so overvalued as to be equal to gold, for half silver and half gold. When the price of the bubbling silver comes back down to normal levels, the remaining half of the gold, however, is real.

Similarly, the full amount of gold in the hands of the former Time Warner became half gold and half silver, equating to a direct loss of more than half.

Now Scotch Plaid, market value is not all bubble, after all, is expected to annual net profit of $300 million is a nail in the coffin, but the future of the VCD industry is destined to the company's high market value will only be a flash in the pan.

In this case, as a major shareholder Simon is unlikely to cash out too much in the short term, the use of this shell directly launched Scoble acquisition, is undoubtedly the best solution, launch the acquisition now, as long as the right target, but also equivalent to the actual silver for the same total amount of gold.

When the tide of VCD industry fades, there may still be another gold mine left on the Westeros system side.

The question now is which target should be chosen?

The discussion was held for a while with the soft jade warmth in the bosom, but it was fruitless for a while.

The VCD industry in Asia can remain at least two years of its prime, this matter is not urgent, and changed to other topics.

Before I knew it, it was already late at night.

Occasionally grabbed a man's arm to look at the eyes of the only Patek Philippe watch, found that it is already ten o'clock more than one kind of, Chen Qing feminine from Simon's arms to slide out, kneeling at the man's feet on the carpet, raising his face to look at the expression of interest in Simon, small hands deep to the man belt.

But it was stopped.

Simon smiled and lifted the woman's delicate chin, reaching out an index finger to trace down Chen Qing's forehead quickly.

Chen Qing blinked her eyes before she reacted.

It was the word 'forbidden'.

Here we go again.

Not giving up on rubbing her hands on the man's knee, Chen Qing still looked up at Simon in a pose that could well stimulate a man's interest, "Boss, it's actually not bad to be less restrained once in a while, isn't it?"

Simon looked down to admire it for a moment, then pushed the girl and said, "I'm not made of iron, and I don't want to be sucked dry at a young age by you goblins, nah, go to the coffee table."

Chen Qing insisted a little, seeing that it was not working, and nicely kneeled backwards to retreat to the coffee table next to her.

Only, then she discovered another problem, and the woman sitting on the coffee table blinked, "Boss, there's only one of me."

Simon just lifted his chin and raised his legs, looking like he was waiting to watch the show.

Chen Qing didn't say anything else, but her expression quickly became grudging, her eyes like water, and she also lightly bit her red lip and began to change her posture.

The next day was Saturday.

Simon was early as usual, last night was a very 'hard' performance by himself, Chen Qing rarely lazed around and stayed in bed until Simon had his breakfast.

Today there were no special plans, Simon ate breakfast and took a helicopter to Manhattan.

First of all, there was still some daily work to deal with.

After a busy morning in Manhattan, it was near noon, and again a helicopter ride to East Hampton, Long Island, for lunch with a mother and daughter he had raised over here.

After lunch, the afternoon was a break.

Instead of going over to the girl's side of the National Wind Art Ensemble, she sat under the porch in the back yard of the villa and looked over the script.

A project called "Extreme Deep Cold" had just been sent over from Los Angeles.

Simon, of course, knew about it.

It was a typical late nineties failure for Disney, over $50 million invested and only $10 million out of the local box office.

If you think about it, in the history of the late nineties, Disney went through a series of time such as the departure of Jeffrey Katzenberg and the expulsion of Michael Ovitz, although it successfully took over the Metropolis ABC Group, Michael Eisner still has power, but then it was not as bright as it was when it went out.

The only thing that stood out was Pixar's animation.

Pixar is precisely not Disney again.

Because the coming of Pixar also led to the growing of the 3D animated film company, further eroding Disney's own resources, and even a mega-bullshit about The Sixth Sense of Spirituality. The low-budget horror thriller, which cost only $17 million to make, grossed over $600 million at the worldwide box office.

To an outsider, Disney must have made a huge profit on such a return on investment.

In reality it is not.

Because the performance has been sluggish, for this newcomer director's low-budget new work, although there is Bruce Willis such a big curiosity involved, Disney still do not have confidence, so, in advance of the "sixth sense of the supernatural" sold the rights to an independent production company, Disney itself only retains distribution rights.

The results can be imagined.

In the end, Disney only made a distribution fee from the huge box office of "The Sixth Sense of the Spirit", including the subsequent video and television broadcast, these big money, and Disney has nothing to do with it.

Suddenly thinking about all of this is still Simon's involuntary self-reflection and introspection.

Daenerys Entertainment is as big as it is now, but it's not like it can rest easy.

After all, when a company gets too big, all sorts of problems are bound to arise. Simon has always wanted to let go of Daenerys Entertainment, but he also knows that if he does, the huge company may end up in the same situation as Time Warner was in a few years after Steve Ross died.