Reborn in Hong Kong as a Tycoon

Chapter 772
(not modified yet)
"I think Blockbuster's current valuation of $8000 million is reasonable."

Although he knew that Blockbuster's valuation of US$8000 million was too high, but the price was called by Lin Baicheng himself, he certainly could not agree with Buffett's words.

"Blockbuster is developing very fast now, especially after obtaining 500 million US dollars of funds after the first financing, the company has entered a stage of rapid development after receiving the money, and this is the second time, which is the current financing."

"Blockbuster is a high-quality company. Not only are you optimistic about Mr. Buffett, but I am even more optimistic about it. His future development prospects deserve a higher premium rate."

"What's more, there is only one video rental company, Blockbuster, in the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant, eating The tastiest cake ever.”

Lin Baicheng was not talking nonsense, and he didn't dare to talk nonsense when facing Buffett, because not only would he not be able to fool anyone, but it would make him look down on him.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After raising a large amount of funds, it can occupy more markets. When competitors appear, they are no longer Blockbuster’s opponents. .

And once Blockbuster becomes the industry leader, it will be able to absorb more than half of the industry's profits, and the rest will be the industry's No. [-] and other small and medium-sized companies competing for profits. At that time, Blockbuster's market value will definitely be very high.

But this is just the best future. Just like what Buffett said just now, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still thinks that the valuation of 8000 million US dollars It is too high, and Blockbuster will not recognize such a high valuation just because it is more likely to become a leader.

"Mr. Buffett said so."

Lin Baicheng smiled and didn't argue with Buffett. After all, he really couldn't find a better argument to persuade Buffett, not to mention that people like Buffett are so persuasive.

"However, Blockbuster is now in contact with Wall Street. Blockbuster's valuation is 8000 million U.S. dollars, but some organizations are still in contact with Blockbuster, which shows that institutions are optimistic about Blockbuster."

It's true, Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster called out a valuation of 8000 million US dollars, but they also bargained the price, and they cut it very hard, cutting it off directly. Valuation of Blockbuster at $4000 million.

With a valuation of US$4000 million, Lin Baicheng, Blockbuster, and Morningstar Films are definitely not satisfied. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is no result yet.

However, this is also normal. It has not been many days since Blockbuster came into contact with Wall Street. The financing is not so fast in the first place. Ten days and half a month is not too long. It takes only one or two months to complete the financing. A very normal thing.

"Mr. Allen, I hear that Wall Street doesn't value Blockbuster very highly."

Buffett is very well informed. He knows that Wall Street's valuation of Blockbuster is only 4000 million US dollars. He also knows that this is not the bottom price of Wall Street. It will definitely be a higher price when the financing is actually negotiated, but he did not say Come out, the main thing is to save some face for Lin Baicheng, who made him beg for help.

"I think Blockbuster's current valuation of $8000 million is reasonable."

Although he knew that Blockbuster's valuation of US$8000 million was too high, but the price was called by Lin Baicheng himself, he certainly could not agree with Buffett's words.

"Blockbuster is developing very fast now, especially after obtaining 500 million US dollars of funds after the first financing, the company has entered a stage of rapid development after receiving the money, and this is the second time, which is the current financing."

"Blockbuster is a high-quality company. Not only are you optimistic about Mr. Buffett, but I am even more optimistic about it. His future development prospects deserve a higher premium rate."

"What's more, there is only one video rental company, Blockbuster, in the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant, eating The tastiest cake ever.”

Lin Baicheng was not talking nonsense, and he didn't dare to talk nonsense when facing Buffett, because not only would he not be able to fool anyone, but it would make him look down on him.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After raising a large amount of funds, it can occupy more markets. When competitors appear, they are no longer Blockbuster’s opponents. .

And once Blockbuster becomes the industry leader, it will be able to absorb more than half of the industry's profits, and the rest will be the industry's No. [-] and other small and medium-sized companies competing for profits. At that time, Blockbuster's market value will definitely be very high.

But this is just the best future. Just like what Buffett said just now, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still thinks that the valuation of 8000 million US dollars It is too high, and Blockbuster will not recognize such a high valuation just because it is more likely to become a leader.

"Mr. Buffett said so."

Lin Baicheng smiled and didn't argue with Buffett. After all, he really couldn't find a better argument to persuade Buffett, not to mention that people like Buffett are so persuasive.

"However, Blockbuster is now in contact with Wall Street. Blockbuster's valuation is 8000 million U.S. dollars, but some organizations are still in contact with Blockbuster, which shows that institutions are optimistic about Blockbuster."

It's true, Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster called out a valuation of 8000 million US dollars, but they also bargained the price, and they cut it very hard, cutting it off directly. Valuation of Blockbuster at $4000 million.

With a valuation of US$4000 million, Lin Baicheng, Blockbuster, and Morningstar Films are definitely not satisfied. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is no result yet.

However, this is also normal. It has not been many days since Blockbuster came into contact with Wall Street. The financing is not so fast in the first place. Ten days and half a month is not too long. It takes only one or two months to complete the financing. A very normal thing.

"Mr. Allen, I hear that Wall Street doesn't value Blockbuster very highly."

Buffett is very well informed. He knows that Wall Street's valuation of Blockbuster is only 4000 million US dollars. He also knows that this is not the bottom price of Wall Street. It will definitely be a higher price when the financing is actually negotiated, but he did not say Come out, the main thing is to save some face for Lin Baicheng, who made him beg for help.

"I think Blockbuster's current valuation of $8000 million is reasonable."

Although he knew that Blockbuster's valuation of US$8000 million was too high, but the price was called by Lin Baicheng himself, he certainly could not agree with Buffett's words.

"Blockbuster is developing very fast now, especially after obtaining 500 million US dollars of funds after the first financing, the company has entered a stage of rapid development after receiving the money, and this is the second time, which is the current financing."

"Blockbuster is a high-quality company. Not only are you optimistic about Mr. Buffett, but I am even more optimistic about it. His future development prospects deserve a higher premium rate."

"What's more, there is only one video rental company, Blockbuster, in the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant, eating The tastiest cake ever.”

Lin Baicheng was not talking nonsense, and he didn't dare to talk nonsense when facing Buffett, because not only would he not be able to fool anyone, but it would make him look down on him.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After raising a large amount of funds, it can occupy more markets. When competitors appear, they are no longer Blockbuster’s opponents. .

And once Blockbuster becomes the industry leader, it will be able to absorb more than half of the industry's profits, and the rest will be the industry's No. [-] and other small and medium-sized companies competing for profits. At that time, Blockbuster's market value will definitely be very high.

But this is just the best future. Just like what Buffett said just now, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still thinks that the valuation of 8000 million US dollars It is too high, and Blockbuster will not recognize such a high valuation just because it is more likely to become a leader.

"Mr. Buffett said so."

Lin Baicheng smiled and didn't argue with Buffett. After all, he really couldn't find a better argument to persuade Buffett, not to mention that people like Buffett are so persuasive.

"However, Blockbuster is now in contact with Wall Street. Blockbuster's valuation is 8000 million U.S. dollars, but some organizations are still in contact with Blockbuster, which shows that institutions are optimistic about Blockbuster."

It's true, Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster called out a valuation of 8000 million US dollars, but they also bargained the price, and they cut it very hard, cutting it off directly. Valuation of Blockbuster at $4000 million.

With a valuation of US$4000 million, Lin Baicheng, Blockbuster, and Morningstar Films are definitely not satisfied. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is no result yet.

However, this is also normal. It has not been many days since Blockbuster came into contact with Wall Street. The financing is not so fast in the first place. Ten days and half a month is not too long. It takes only one or two months to complete the financing. A very normal thing.

Buffett is very well informed. He knows that Wall Street's valuation of Blockbuster is only 4000 million US dollars. He also knows that this is not the bottom price of Wall Street. It will definitely be a higher price when the financing is actually negotiated, but he did not say Come out, the main thing is to save some face for Lin Baicheng, who made him beg for help.

"I think Blockbuster's current valuation of $8000 million is reasonable."

Although he knew that Blockbuster's valuation of US$8000 million was too high, but the price was called by Lin Baicheng himself, he certainly could not agree with Buffett's words.

"Blockbuster is developing very fast now, especially after obtaining 500 million US dollars of funds after the first financing, the company has entered a stage of rapid development after receiving the money, and this is the second time, which is the current financing."

"Blockbuster is a high-quality company. Not only are you optimistic about Mr. Buffett, but I am even more optimistic about it. His future development prospects deserve a higher premium rate."

"What's more, there is only one video rental company, Blockbuster, in the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant, eating The tastiest cake ever.”

Lin Baicheng was not talking nonsense, and he didn't dare to talk nonsense when facing Buffett, because not only would he not be able to fool anyone, but it would make him look down on him.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After raising a large amount of funds, it can occupy more markets. When competitors appear, they are no longer Blockbuster’s opponents. .

And once Blockbuster becomes the industry leader, it will be able to absorb more than half of the industry's profits, and the rest will be the industry's No. [-] and other small and medium-sized companies competing for profits. At that time, Blockbuster's market value will definitely be very high.

But this is just the best future. Just like what Buffett said just now, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still thinks that the valuation of 8000 million US dollars It is too high, and Blockbuster will not recognize such a high valuation just because it is more likely to become a leader.

"Mr. Buffett said so."

Lin Baicheng smiled and didn't argue with Buffett. After all, he really couldn't find a better argument to persuade Buffett, not to mention that people like Buffett are so persuasive.

"However, Blockbuster is now in contact with Wall Street. Blockbuster's valuation is 8000 million U.S. dollars, but some organizations are still in contact with Blockbuster, which shows that institutions are optimistic about Blockbuster."

It's true, Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster called out a valuation of 8000 million US dollars, but they also bargained the price, and they cut it very hard, cutting it off directly. Valuation of Blockbuster at $4000 million.

With a valuation of US$4000 million, Lin Baicheng, Blockbuster, and Morningstar Films are definitely not satisfied. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is no result yet.

However, this is also normal. It has not been many days since Blockbuster came into contact with Wall Street. The financing is not so fast in the first place. Ten days and half a month is not too long. It takes only one or two months to complete the financing. A very normal thing.

(End of this chapter)