Reborn American Tyrant

In fact, the boss of William White is very incompetent. Yahoo, which is about to go public, is the top priority of White’s investment.

Not to mention other things, just a valuation, a group of Wall Street bigwigs have been arguing.

Two years ago, how much can you value a company with only one million hits?

A billion is too expensive, right?

If there is no White investment, no one really bets.This valuation is simply outrageous.When you William White invested, was it worth ten million?

Not worth it, five million is the most, but what about it?

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

But what about that!

You lose more than one million a year, how do we calculate the P/E ratio?One billion, it can't be higher, this is the final offer, we will not add another dime!

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

The population of the United States is roughly 270 million, with less than 20% of Internet users.Yahoo’s weekly hits are close to 100 million.

Damn it, a billion?Come and come, I will give 1.5 billion in cash for the overall acquisition.

Is a company of one hundred and eighty people worth two billion?As the lead underwriter, Morgan Stanley has collapsed a bit.

"Asshole, what did White Investment say about the guy who said he wants to buy it all?"

"Ahem, boss, refuse. William White will inject another 200 million. The valuation is given at 2 billion."

Suddenly, Andy felt the air around him freeze.Nima, Da Mo is embarrassed this time, will you play it?

If it is listed at a valuation of one billion yuan, this will definitely be the biggest joke this year.

"Is this just decided?"

"Yes, William White is back, and rejected the Pedal Man for the first time?"

"SoftBank, right?"

"Yes, the foot basin man flinched. I don't know why."

"Huh, what's so strange about this, William White is closely related to the Footbasin Consortium. SoftBank? Does he think he is Mitsui?"

Of course William White has to squeeze Lao Sun's space, kidding, if something goes wrong, it won't end well later.

So, on the first day back in Los Angeles, he decided to clear the court.

Fuck off, you are worth a billion dollars at best. Although it is also amazing, is there any comparison between us?

To be honest, Philson was puzzled.Of course it is impossible to be acquired as a whole. It seems a bit too much to drive away investors directly?

Yang Zhiyuan first learned of the news, and of course he expressed dissatisfaction.In fact, he and Sun Zhenyi have already had a lot of talks.

But, two billion!

The rich is the uncle, there is no doubt about this.Moreover, William White does not want strategic investors, he just restricts shares.

What makes Damo stunned is that it will be listed in more than a month. At this time, investors should vote with their feet.

However, instead of backing down, investors became more excited.After leaving a Softbank, a pile of foot basin consortium rushed in instead.

Is this a conspiracy?William White went to the footbath this time, is that for this?

Wall Street fund managers are dizzy. They really don't know what to say in the face of inquiries from various clients.

Dare you say bad?

Think about Netscape and Pixar. Didn’t you try to belittle it?

What happened?

Customers who feel they are being fooled, of course vote with their feet.You bastards, will they invest?

Damn, why doesn't the White Fund engage in private equity.

"Warren, you are a rare visitor. If you order something to drink, I won't get up to greet you."

William White did not deliberately neglect Buffett, not to mention the power behind him, it is the age of this guy, you must have corresponding respect.

Seeing the mountains of documents, Buffett couldn't help but laugh.Well, the rumors from the outside world seem to be problematic.It is not a stubborn kid to be able to approve so many documents.

"Are you, a year's worth of documents?"

"How is it possible? These are all required to be signed. Many things are used by email. These have legal effects. It is impossible to use email."

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

William White glanced sideways at the goods, and handed a cigar."Here is one of Cuba's top products. It is said that all of them are made by beautiful women. Don't be ugly."

Buffett was not polite to him either, and he was really inferior when it came to enjoying it.

When the cigar was lit, William White rolled his sore neck.The clicking sound made the opposite Buffett very speechless.You guys, don't go out for a while, it will definitely not be so hard.

"Warren, I'm an industry, of course there are many things. If it's an investment company, I'll finish it in two days."

"Yes, the purpose of coming today is to ask for advice."

"Don't dare to ask for advice. Let's discuss with each other. Actually, I like your investment philosophy very much. By the way, I am a major shareholder of your company. You don't know it?"

Buffett helped his glasses and took a sip of his cigar.How could he not know that nearly 5% of the shares are almost the largest individual shareholder.

"I'm very surprised, since you also agree with value investing, do you think the current Internet companies have value?"

"Of course there is. At the same time, let me correct your statement. I have not said that the Internet does not have a bubble.

On the contrary, many companies are simply messing up.You know, my venture capital firm has rarely invested in US Internet companies."

"You mean, good companies are still valuable."

"In fact, the Internet is a winner-takes-all industry, and competition is fierce.

Moreover, the first mover advantage is very important.Without Soeasy, Yahoo’s valuation would be higher.As you can see, from clicks to advertising revenue, Yahoo has an overall advantage."

"Is the winner-takes-all? The risk is a bit big."

"It's very big. Soeasy started earlier than Yahoo and has more funds than them. However, Soeasy just lost. Although the gap is limited, if you lose, you lose.

However, there are also benefits. The search engine is basically these two.

In fact, the two ideas are different, Yahoo is equal to Soeasy plus NBC Online.It is a portal site plus search, and here I am completely operating two systems.As for the reason, I think you should be able to guess."

"Hahaha, is it antitrust? This can be considered a rainy day."

"Oh, they are very upset with me. Any guy who comes up always wants to have me on the knife. Of course, every guy who comes up, I will also serve a big meal."

Almost every American knows the grievances between William White and the Ministry of Justice.Overall, he played a good guy who was bullied.

Since he is a good man, the Ministry of Justice is naturally evil.If things go on like this, the relationship between the two will be good.

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

Because everyone's identities are here, some words can be said directly.In this regard, William White and Buffett have a good reputation.

What, why is it cheap this old boy.

I think too much, it's just money off the street, whoever has the ability will get it.If Buffett invests, Yahoo's valuation will increase again.

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

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