Back To 1995
Chapter 471: Repeated tricks
Chapter 471
Jeff Skilling tapped his fingers on the sofa under him. He could feel that PayPal might not make much money, but it was important, even vital.
Enron's cooperation with PayPal, it is hard to say who takes advantage of it. In the early stage, Enron's online platform, natural gas and other businesses can indeed pay for PayPal and bring in a large number of users.
But if PayPal can develop, it might be able to feed back to Enron.
And Jeff Skilling thought more than these, but more ideas. If Enron cooperated with PayPal, or even invested in PayPal, would Enron's influence be further enhanced?
Thinking of this, Jeff Skilling suddenly understood why Kenneth asked him to contact Song Yang. Enron had cooperated with Song Yang several times. It seemed that Enron did not get much directly. Enron Corporation has come across multiple concepts!
The cooperation between and Double-click Company allowed Enron Company to hang up the banner of the Internet, not to mention Enron Online, investment in America Telecom, and Enron Group's access to the telecommunications concept business, these are the most popular channels today.
With so many concepts, the most direct impact is, of course, the Enron Group, which is clearly engaged in traditional natural gas, and has become a "high-tech" company, and its stock price has also skyrocketed.
Now, Enron wants to hook up with PayPal payment again. Don't think about it, Jeff Skilling can come up with several new names for Enron. Enron's entry into electronic payment and even the financial industry will definitely have a market value. It can soar a lot, and when Jeff Skilling and his group of executives cash out Enron stocks, they can also make a lot of money.
Cash out is only the last part. That is the last way. When the giant Enron is crumbling, it is when Kenneth, Jeff Skilling and the others cash out their stocks and leave.
"Song, whether it's Kenneth or I, are willing to let Enron Co., Ltd. cooperate with you. I think you should know this too!"
Jeff Skilling said to Song Yang with a "personal" attitude.
"Song, Enron hopes to invest in the PayPal platform. This is a good thing for both Enron and PayPal!"
Song Yang heard this, and immediately asked Wen Xiange to know the elegant meaning. This way Song Yang and An Ran were not playing once or twice.
"certainly!"
Looking at Jeff Skilling, Song Yang said knowingly, "When PayPal goes online, it can accept Enron's investment. In addition, if PayPal goes public, it will provide Jeff Skilling for you and President Kenneth. , retain a portion of PayPal's equity."
Hearing Song Yang's remarks, Jeff Skilling couldn't help laughing out loud. They had already played this trick once on America Telecom.
At the beginning, when Enron invested in America Telecom, the valuation of America Telecom soared to more than ten billion dollars. Everyone knows that Enron Group is playing this game on purpose, but one is willing to fight and the other is willing to suffer. The Enron Group is willing to take the blame and carry the sedan chair for America Telecom, who can say no?
And the valuation of America Telecom has soared. For Kenneth and Jeff Skilling, who hold shares in America Telecom, their worth has also doubled.
Now it's PayPal's turn, and Jeff Skilling naturally wants to repeat the same trick, let Enron invest in PayPal and raise PayPal's valuation, they are getting PayPal equity through the family foundation!
In this way, Enron Corporation got into the concept of electronic payment. Jeff Skilling and the others got the equity, which was a win-win situation. As for those investors in Enron Corporation, who bought Enron's stock and got little leeks, there is no loss or loss. F. Skilling couldn't handle it.
When Song Yang walked out of Jeff Skilling's villa, he looked back at the luxurious villa behind him. Jeff Skilling, who was standing at the door of the villa, nodded towards Song Yang.
Jeff Skilling's mansion, as well as the large-scale party of Enron's executives, Song Yang has seen it. The entire Enron Group is basically in this state now, and I don't know how long it will last. .
It was not until Song Yang's figure left that Jeff Skilling returned to the villa, instead of going to the party in the swimming pool, he came to the study.
Dial one, Jeff Skilling said, "I've made an agreement with Song that Enron will invest in PayPal!"
Then the conversation changed, Jeff Skilling said to the phone, "Kenneth, Enron's revenue this year, it is impossible to meet expectations, other than natural gas business, and overseas investment business, revenue is difficult to achieve expected…"
The person Jeff Skilling called was Kenneth. At this time, Jeff Skilling also had a worried tone in his tone. As the financial director of Enron, there was no one better than Jeff Skilling. Keeling understood the situation of Enron better.
Enron, which seems to be a splendid company, has a lot of businesses involved and keeps rubbing up on various concepts, but the real money is still the natural gas pipeline business. Other investments and businesses sound good, but in fact they are all fancy useless.
Maybe in the future, those businesses that Enron invests in may bring huge returns, but not now, but Enron has "promised" to Wall Street and users who bought Enron stocks, that Enron's annual revenue and profits will be reduced. An increase of more than 15%!
It is this "guaranteed bottom" growth rate that makes all parties unanimously optimistic about Enron, and the stock price has soared. Major Wall Street institutions, and pension funds in various states have all bought Enron stocks, thinking that the Enron stocks they bought will be more expensive. If you can keep going up, and you can get rich dividends, otherwise you will be full, and you will buy Enron's stock with so many leeks.
But there is no thing in the world that can go up indefinitely. Even Jeff Skilling, who is good at financial means, can move around and use some means to smooth out losses and increase revenue, making Enron "look" very good. Making money, but it is impossible for Enron's revenue to continue to rise like this!
The current Enron company is still very profitable. The federal government has loosened restrictions on the energy industry. Enron, the oil, natural gas, and power giants, not to mention wanton price increases, at least they can find a reason to increase.
Just like the electric power supply company in California, in order to increase the electricity price in the past few years, it cut off the power 38 times in six months.
Although Enron's company was not so frantic, it also increased prices. This is also the main reason for Enron's revenue soaring in the past few years, but for Enron, this growth rate is still too slow...
"Enron's revenue this year must reach the expected goal. No matter what method you use, Enron's revenue must reach the expectation, otherwise you know that there will be consequences!"
Kenneth said mercilessly on the other end of the phone, especially no matter what method or words he used, his tone was particularly serious. If the performance could not be achieved, then Enron would basically collapse.
Listening to Kenneth's suggestion, Jeff Skilling frowned, and finally let out a breath, "I see!"
"However, I need the Enron board of directors to authorize the financial department to be able to conduct transfer audits of Enron and all of its subsidiaries' finances!"
Jeff Skilling is waiting for Kenneth's answer. In order to make Enron's finances brighter, Jeff Skilling has the means, but this is not something he can do alone, but requires Enron's board of directors agreed that the entire Enron company must cooperate with each other.
After a while, it seemed that Kenneth on the other end of the phone had finally made up his mind, "Enron's board of directors will authorize the financial department, Jeff, to invest in American Telecom, PayPal, ICQ, ICNC TV and other companies. accelerate!"
After hung up the phone, Jeff Skilling sat down and poured himself a large glass of wine. From Kenneth's words just now, he vaguely heard that Kenneth was a little anxious.
Kenneth wants to increase investment in American Telecom and other companies, certainly not to let Enron invest, but to ensure that he and Jeff Skilling's family foundation invest in American Telecom, even if Enron collapses It will not affect the investment of Kenneth, Jeff Skilling and their family foundations!
The hustle and bustle of Houston continues. The ICNC TV station that broadcasts the Houston Stampede has a good rating. The eastern states of America do not like this stuff, but the western states, as well as overseas regions such as Mexico and Argentina, are quite interested in this festival. Interested, overseas TV stations such as Mexico, Brazil, Argentina, Spain, etc., bought the broadcast rights of this year’s Stampede from ICNC, making ICNC TV a small profit.
How much earns is not the key to ICNC TV station. The key is to increase the popularity of ICNC TV station and let more users accept this new TV station. This is more important than how much money you earn now.
Millia has been playing crazy these days. She takes Amber to the stadium at the Stampede every day. If it wasn't for Daana watching, Millia probably wouldn't even go to school.
There was a lot of noise outside. Song Yang was in the villa and waited for the PayPal team who had just finished talking with Comerica Bank.
"Comerica Bank, has agreed to cooperate fully with PayPal!"
Aaron Swartz held a thick agreement and excitedly said to Song Yang that today's negotiation was much smoother than he expected.
Song Yang looked at Greg and Marcus, who were negotiating with Aaron Swartz today. Both of them nodded to Song Yang. Obviously, they had negotiated with the Comerica board of directors today and reached the weapon, Carey. Maia did a great job.
"You've worked so hard today, today is the time to come back, the best news I've heard!" Song Yang said to Aaron Swartz.
(end of this chapter)
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