Age of Dreams
Vol 2 Chapter 2003: lucky
After finishing the sun company's business, I knew it was almost over in September.
The situation in the United States is very bad now. The financial turmoil has completely swept every corner of the United States. Even companies such as Wal-Mart and Home Depot, which are completely unrelated to finance, have fallen under the explosion of various bonds such as subordinated debt. Let alone Wall Street.
The economic depression seems to be a foregone conclusion, and no one knows when it will end.
The only thing we can do now is to tighten money and hold as much cash as possible in order to get through the crisis smoothly.
Large companies' monetary tightening usually means one thing, that is, layoffs.
In a short period of half a month, Wall Street has laid off many people, setting the highest record since the Great Depression of the current era.
The Washington Post also published survey data. For all American companies above the designated size, layoffs and companies with layoff intentions are as high as 86%. In the next three years, the unemployment rate of Americans will reach a new high.
Everyone knows that side effects affect each other.
The layoffs were in response to the financial crisis, but the panic caused by the layoffs intensified the financial crisis.
The three major U.S. stock indexes have fallen continuously, and bad news one after another has directly affected companies in the Silicon Valley electronic network world as far away as the western United States.
The Internet has always been regarded as rootless duckweed, and every time it encounters any disturbance, it will be unlucky.
This time it was a little better. After all, unlike the Internet crisis around the year, it was itself a crisis caused by the Internet bubble, but the financial tsunami caused by the financial sector. The Internet was only affected.
But the problem is that after it spreads, according to the Internet, it has always been less resistant to pressure. That will keep falling.
Whether it is giants such as Apple, Microsoft, Oracle, Amazon, etc., or small companies that have started their own businesses, they are inevitably caught in a circle of falling stock prices.
In particular, Apple, which has attracted the most attention recently, is not sure if it is not lucky enough, or just like the previous life, it has plummeted by% in three weeks. Seeing that the leader of Qiao's gang felt that he was very angry.
But Xiao Qi took advantage again.
At the end of August, he signed a sale and purchase agreement with Bayeux Ventures.
Bayeus Ventures exchanged its% shares in the company's hands and Amazon's% shares in the company's hands, and then added another billion US dollars to acquire the% shares.
Then, thinking that the financial crisis would come, Xiao Qi simply launched a complete sell-off in Silicon Valley.
He has a total of% of the shares in his hand, and today's games are top sellers no matter whether they are on the market or on the market. They have long been the fat of the big venture capital companies.
In August, although the economic crisis was imminent. But people in venture capital companies don't just think about the people in front of them.
In their thinking, the financial turmoil this time will have an adverse effect on Internet companies, but the root of the problem is not on the Internet companies, so if they acquire shares, they will endure at most months or a year of pain. Period, will enter a long-term harvest in the future.
In fact, the original version has survived this way in the previous life. Then it quickly entered a high exhibition period for several years, and it gradually weakened because of the subsequent weakness.
have to say. The long-term attitude of Americans is not unique to Buffett. In fact, everyone is not short-sighted.
Therefore, after Hoffman released the news, Xiao Qi's remaining 44% of the stock was quickly robbed by seven or eight venture capital firms.
Of course, Xiao Qi's valuation is not cheap. He still valued the value based on the total market value of billions of dollars for Bayeux Ventures.
But a good company is not afraid of high prices. In everyone's eyes, it has many advantages. In addition, it will soon merge with Electronic Arts, and its future prospects are even greater. Even if the price is higher, the future benefits are considerable.
So almost all of them signed the purchase agreement before August 31. Now the shares have been transferred and the first installment has been paid. The total amount is about 100 million U.S. dollars, and the rest will be in one year. All paid within.
Okay.
As a result, the shares were transferred, and they just took the first payment, Fannie Mae and Freddie Mac over there were completely deadlocked, followed by the collapse of Lehman Brothers, the acquisition of Merrill Lynch... a series of After the incident, their holdings have shrunk by at least %.
It's because everyone is prepared to lose more than 100 million U.S. dollars in a short period of time. At this time, I can't help but grin.
But after all, Bayeus Ventures took the lead in finding the door on its own, and it wasn't that Xiao Qi actively wanted to sell, so everyone can only lament Xiao Qi's luck.
Of course, the boy's luck is very good, and he has directly recovered his% shares.
As a result, Tang Mingxiang finally mastered all **** once again, which made Xiao Meiji, who had been pregnant with a child, rejoiced like a little girl, and kissed Xiao Qi several times on the phone.
Xiao Qi was also very happy. After all, he finally fulfilled his promise to his wife, and put all the **** she worked so hard to create back into her hands.
Tang Mingxiang's team also breathed a sigh of relief. The return of this% of stocks shows that they are no longer restricted and can let go of their hands and feet and do a big job.
It was hard enough to think about them. In the more than a year since Tang Mingxiang left, they were dealing with Tang Mingxiang’s various investments on the one hand, and on the other hand, as a bystander, watching the show’s gains and losses. .
So they are also in frequent meetings and discussions, discussing how to do better than others in order to push the color to the top again.
In fact, the current color situation is not very good.
Most of the shares were recovered. Since July, the management team has begun to manage again, but the losses are still serious, with a monthly loss of up to 500 million US dollars.
The main reason is that before selling the shares, Tang Mingxiang took too much steps and laid channels in Europe and South America, and these places were not so adapted to the color group buying model, and there were emergency situations everywhere this year. Not good, so it caused a big loss.
The loss mainly comes from the wages of more than 50,000 employees worldwide, but also from the costs of server operations.
But Tang Mingxiang didn't think the situation was serious.
Although the loss is serious, it is undeniable that this group of middle and high-level people who stayed in the color are still left by Tang Mingxiang’s previous ventures. They have been implementing Tang Mingxiang’s policy of laying out outlets. Now they have completed the layout and are in Europe and the United States. Both have strong popularity, but for a while, the popularity cannot be converted into profit.
What she has to do now is to take advantage of the financial crisis to recommend all kinds of cheap and high-quality group purchases to housewives!
Yes it is!
It is the housewives!
Whether in ancient or modern times, the right of family spending is in the hands of housewives!
You said those wealthy people with tens of billions of assets, although they are very cautious about family property, do they have to take care of the daily expenses, family expenses, and these trivial matters?
Not to mention the family of ordinary people. Are you trying not to show the family expenses to your wife? Make sure you can't even get in bed at night!
A woman's carefulness, savings, and love to calculate are just the right choice for managing household expenses, and they are usually the most suitable person.
Under the general bad environment, the rich needless to say, women in Europe and the United States who are accustomed to shopping with credit cards will naturally live very sparingly.
They will walk a few more streets, try to find cheaper markets, visit a few more shops, buy cheap clothes as much as possible, and even cancel family dinners as much as possible. At most, they will find places where they can get enough food and are cheap. .
And these things happen to be the advantages of group buying.
Most of the previous group purchase policies belonged to well-known restaurants, which were actually not very cheap.
So this time from mid-August, after straightening out the company’s relationship and context~www.readwn.com~, she asked tens of thousands of tasting inspectors to go to restaurants, shopping malls, grocery stores, and even I directly found factories, etc., to discuss group purchases of various daily necessities for food, clothing, and housing.
Tang Mingxiang asked these shops and factories to try their best to make group purchases with low prices and good quality. They did not require so many fancy and so-called excellent selection of materials, solid and easy-to-use items, and sufficient food portions to taste decent.
The key is that the price must be lowered and then lowered, group buying with a gross profit margin of 3%-5%, striving for small profits but quick turnover.
Although the profit of each group purchase is very small, but the quantity increases, the profit will naturally increase.
As for factories, restaurants, and other places, the days are not easy at this time. If there is this opportunity for small profits but quick turnover, with meager profits, and the ability to maintain one's own industry, through this financial winter, it is really hard to ask for.
I have to say that Tang Mingxiang's strategy is very powerful.
Xiao Qi gave her a thumbs up without realizing it.
Wasn’t this the way that group buying in Europe, America and China became popular in the past? (To be continued!
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