I’m in Hollywood Chapter 463: AOL
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"Eric, even if you do n’t participate in Oscar, you ca n’t leave Los Angeles at this time. After Oscar, there is Firefly Pictures theme party. Is this Firefly ’s first Oh?" In Cliff Peak Manor, Drew was lazily lying on the big bed , Looking at the two people who packed their bags opposite.
Tina Fey folded the clothes for Eric. Hearing Drew, he looked up at Eric, who was taking clothes from the closet. She is now an assistant of Drew, basically inseparable from Drew, and even lives with Drew, Drew is coming to send Eric away from Los Angeles, she also followed.
Eric handed a suit to Tina Fey and said: "They will arrange this for Michael."
"Otherwise, shall I go with you?" Drew propped up and said with some expectation.
"I'm not going out to play, so you still stay in Los Angeles honestly, don't mess with me."
Drew snorted softly with dissatisfaction. The soft body in a striped bag hip sweater wriggled to the side of the bed like a big bug, jumped down barefoot, leaned over to the Eric trunk and helped stack together Clothes, looked at the quiet Tina Fey with black frame glasses, Drew suddenly said: "Or, let Tina go with you, anyway, I have not much things during this time?"
Tina Fey heard this, and a trace of anticipation flashed in his heart. He glanced at the figure of Eric secretly, but he quickly shook his head in a huff and said, "I won't go, I won't do anything."
"You don't need anything you know," Drew leaned into Tina Fey's ear. It seems to be secretly whispering, but does not lower the voice at all: "With you by Eric, he will not provoke other women."
Tina Fey instantly understood the meaning of Drew. His face suddenly turned red.
Eric took out the last few clothes and handed them to Tina Fey, and knocked on the head of Drew: “Do n’t talk nonsense, and, while I ’m away, I ’m not allowed to do at sixes and sevens in the manor. /
Drew shoved his head over his head and said with dissatisfaction, "I know."
After packing up, Eric refused to send Drew to himself. Bring Alan and four bodyguards to the Los Angeles airport. Boarded a small Boeing private airliner. The airliner was originally leased by Disney for executive use. After Disney was acquired by Firefly, the airline's use rights were also changed to Firefly.
After the plane took off, Eric ordered Alan to retrieve the data. I went to a lounge in the airport alone, and sat at the desk by the window and opened the folder in my hand.
After Chris returned to New York, according to Eric ’s previous instructions, Firefly Investment began to pay attention to and collect information and materials about computer and network related industries. And a few days ago, he sent some of his favorite investment projects to the hands of Eric, and this large pile of information, a company has attracted the attention of Eric, which is why he deliberately rushed to New York.
The name of this company is AOL (AOL), which is the original time and space. In 2000, the AOL and previous life merged with the Time Warner group and Eric were just twenty-five years old. A few years after graduating from university, it was a **** year full of ambition. Therefore, like many young people, they were very concerned about this merger case involving 180billion USD. At that time, the market value of the combined AOL Time Warner group even exceeded ** USD. Eric remembers very clearly, when someone made a comparison. In 2000, the mainland's GDP was only 9.9 trillion yuan, equivalent to 1300billion USD, that is to say, the market value of a company of the AOL Time Warner group at its peak reached 26% of the mainland's GDP.
Now, the information in hand shows that although the company AOL has been established for seven years, it is still a humble Network Service Provider in Virginia. The company ’s valuation is only 300 million USD, with 120 employees and 150,000 users. The network service market share is only 10%.
Eric looked at the material that was n’t too thick in his hand and watched it several times before the plane landed at JFK.
"Eric, here," walking out of the airport lobby, Eric saw Chris in a long black trench coat waving to him. Although it is already the end of March, the temperature of New York is still only about 10 degrees. Eric, who originally wore only a thin coat in Los Angeles, had to wear a windbreaker.
"Chris, how are you doing recently?" Eric and Chris embraced and greeted.
"Okay, Oh, this is Mr. Steve Case," Chris nodded, and then introduced to Eric to meet the middle-aged people around him.
Eric has seen the information of Steve Case many times, Steve Case is the founder of AOL, wearing a khaki trench coat, round face, looks a little shy.
"Mr. Williams, nice to meet you, I like your shoots movie very much," Steve Case took the initiative to reach out to Eric to compliment, although he has accumulated hundreds of millions of wealth from scratch, but compared to Eric Little witch sees big witch.
Eric smiled and shook hands with the other party, and introduced the attendants around him before getting on the bus and returning to Manhattan.
Eric and Chris got on a car, and after car was launched, they asked: "How are you talking to him?"
Chris shook his head: "It hasn't been settled yet. He hasn't completely abandoned the financing plan for listing, but he promised to talk to you."
Eric breathed a sigh of relief. When Chris collected AOL data, the other party had already prepared for half a year for listing financing. However, in the view of Eric, this is not the best time to market AOL.
"As long as you can still talk."
Chris looked at the watch. Eric departed from Los Angeles at 9 o'clock in the Western Time. According to the four-hour time difference between the east and the west, New York is now more than 9 o'clock: "Oh, by the way, I will send you back to your place first. Or go directly to the company? "
If Steve Case does not come to pick up the phone. Eric doesn't mind going back to his apartment in Manhattan first: "Let's go to the company."
"That's good," Chris told the driver a few words, and said: "Come to my house for dinner. Emily cooks himself."
"Okay," Eric nodded happily, and did not see the guilty conscience and embarrassment in his eyes when he did not see Chris say this sentence.
......
“If you do n’t pay much attention to user experience, even if a company ’s technology is advanced, it is often eliminated by the market. Therefore, the business strategy of AOL is that everything is user-oriented, and we will be satisfied with all users every quarter. Make statistics. And collect suggestions from users to improve ... "In the conference room of Firefly Investment Company, Steve Case is very passionate about his own business ideas.
After the Firefly investment contacted him, Steve Case had the idea of introducing Firefly investment funds, after all. If you choose to go public, AOL will have to accept a lot of supervision, which will certainly limit the development pace of a company to a certain extent. However, there is no opening up to now, and he also proposed to interview Eric, the owner behind the Firefly investment, to sell for nothing but price, and want to get more benefits from Firefly.
"Mr. Case, I heard that you are still more inclined to list AOL. Right?" Eric and the other party's speech ended before asking.
Steve Case nodded without hesitation: "Yes, if you choose to go public, AOL can draw development capital from the capital market more easily. In our development plan, AOL is very hungry for capital."
Eric smiled, if Steve Case insists on choosing to go public, it wo n’t appear here today, though. Everyone knows everything well, and there is no need to disassemble it in person.
"For the listing of AOL. I have no objection," Eric said: "However, I think this is not the best time to go public."
Steve Case showed a puzzled look.
Eric said: "If you pay more attention to current affairs, you should notice the recent election speeches of the Democratic Party President candidate William.Clinton. He proposed a plan for an information superhighway."
"I did hear some," Steve Case nodded: "However, although I support some of Clinton's claims, I don't think he has too high a chance. Last year's victory in the Gulf War brought Bush President High reputation, and the Democratic Party where Clinton is located is also scattered. If Clinton cannot be elected as President, many of his ruling ideas are just empty words. "
“Ca n’t say that, the reason why Clinton proposed the information superhighway plan is precisely because his campaign team saw the huge development prospects of computer networks. I think this is an irreversible trend of the times, even Clinton After losing the election, Bush President will not be able to change this trend. Therefore, it is a very unwise thing for AOL to choose to go public so early. "
"Mr. Williams, although I am very confident in the popularity of computer networks, but ..."
"60 million USD."
"What?" Steve Case froze and asked uncertainly.
Eric said: "I know that AOL intends to sell 30% of the shares this time. I plan to raise 5000USD of funds. I can get 60 million. And, in the next few years, if AOL lacks funds, Firefly can still invest.
After hearing Eric directly start quotation, Steve Case said: "Mr. Williams, 60 million USD seems to be a little less, although our company plan is indeed to raise 50 million USD funds, but if the market reflects good, the financing scale is definitely not so much."
"Very good," Eric smiled: "It seems that you have agreed to talk about capital injection with Firefly, then the specific amount can be negotiated by our team."
Steve Case was stunned, and soon realized that Eric took himself into the ditch: "Mr. Williams, I was just talking about a possibility, and did not agree."
"It doesn't matter, then let's talk," Eric sat upright and the smile on his face remained the same.
Chris also smiled and said at the time: "Mr. Case, Eric not only has to take care of Firefly Pictures, but also has a few movies to operate, and, in a few days, it is Oscar, you said you want to talk in person, but he canceled After attending the Oscar awards ceremony, I came to New York specifically, so you should be able to see that we are very sincere. "
"Okay," Steve Case feels that it may be self-defeating if it continues to be hypocritical. "However, I have some conditions on the scale of Firefly injection and the management rights after the organization?"
"Please say?" Chris reached out.
"First of all, Firefly cannot interfere with the daily management of AOL."
"You can be assured of this," Chris replied: "You should know that Firefly investment is currently the largest shareholder of Cisco, but we are not involved in the management of Cisco except for more important company matters."
Steve Case obviously also understands this matter and nodded: "Another thing, I hope Firefly can give me the voting rights of the shares it holds."
Hearing this condition, Chris looked at Eric, not intervening in the day-to-day management of AOL and the voting rights to transfer equity. If you give up your voting rights, it means that Firefly has completely lost the power to control the direction of AOL. Steve Case can do whatever it takes.
Eric thought for a while, then raised three fingers and said: "In three years, within three years, Firefly will give you the voting rights of the shares it holds."
"Three years is too short, at least five years," Steve Case bargained.
"No, five years is too long," Eric shook his head: "up to three years, and, I hope AOL chooses to go public after three years."
Three years later, it was exactly 1995. At that time, it was the beginning of the explosion of the Internet and the beginning of the formation of the Internet bubble.
Because of the merger of AOL and Time Warner, Eric still pays a lot of attention to AOL, and the most glorious period of AOL is only five years after 1995. This is because AOL's main business is dial-up Internet service, and after 2000, with the bursting of the Internet bubble and the popularization of broadband Internet access, AOL quickly declined at a rapid rate, and the market value shrank in just a few years. More than 90%, so, the reason why Eric attaches so much importance to AOL is entirely due to AOL's net worth in the five years between 1995 and 2000. After the golden period of these five years, AOL has no value. .
"Steve, you can still talk about the amount of funds injected, but for three years, I will never give in." (To be continued)