America's Road to Fame

Chapter 382 500 Billion Valuation?
To be honest, don't say that Angelina thought this child, oh, it should be that the appearance of these two children was unexpected, and William Chen himself also did not expect that he would really have a child with Angelina.

But this is the end of the matter, so at least he can't let her raise the child alone, he will definitely want the child to stay by his side.But this matter, we can't be too tough now, we can only find a way to take it slowly.

Therefore, in the end, the result of the conversation between Chen William and Angelina was four words, let nature take its course.

Angelina did not explicitly say that she would follow her, nor did she insist on raising the children by herself, it just depends on the development of the two of them.

As for the period of pregnancy, after all, Angelina is too famous, and she doesn't want to live under the stalking and filming of the media, so she decided to go to France to wait for the birth. She has a quite large manor there and plans to Live there until the child is born.

Well, that's all for the time being. When he has time later, he will go over to see each other often, and slowly let her change her mind.At present, William Chen can only reach this level temporarily.

And at this time, he doesn't have much time left in the United States. There are still matters to be dealt with at Groupon and Wal-Mart. On July 7, the World Swimming Championships in Shanghai will start. William Chen is there Before that, I had to rush back to Huaguo to participate in that competition.

I stayed with Angelina for a day, and the next day, William Chen made an appointment with people from the Wal-Mart Group, and decided to meet them first to see what they thought about Zoom.

The person who came to Los Angeles to meet William Chen was the president and CEO of Wal-Mart Group, Lee Coster. From here, it can also be seen that Wal-Mart Group seems to be bound to win Zoom, after all, as the world's largest retail group , with a market value of nearly 2000 billion U.S. dollars, and the leader of a large company that has been in the forefront of the world's top 100 companies all year round, the other party doesn't have much time to waste, even if he needs to face the super rich William Chen.

In 1971, Scott earned a degree in business administration from Pittsburg State University and entered Yellow Freight in sales.

At that time, Wal-Mart was still a small company in the United States, and Scott was ordered by his boss to collect the $7000 debt.

During the contact, David Glass, who later became the president of Wal-Mart, took a fancy to this young man and invited him to work in Wal-Mart.

Scott declined Glass's offer, saying, "I can't jump ship to a company that can't even pay me $7000."

In 1979, Glass again sent an invitation to Scott, and this time, Scott was tempted.

In 2000, Glass left, he chose Scott as his successor.

So far, Lee Scott has worked in Wal-Mart Group for 32 years, and has served as President of Wal-Mart Group for 11 years. Lead out of crisis.

However, after William Chen saw the other party, he said bluntly: "Mr. Scott, we are all people with precious time, so I don't think it is necessary to go around in circles. It is very important for us to judge whether it is necessary to continue the conversation as soon as possible." important things."

"Yes, William, I also agree with this, but since I chose to come here to meet you, you should be able to understand that our Wal-Mart Group is very sincere."

Hearing William Chen's words, Lee Scott nodded and said in agreement.

"With all due respect, your coming here in person can only show that the Wal-Mart Group really hopes to acquire Zoom. As for whether it is sincere... Then can you tell me how much you offered to acquire Zoom? I believe this That is the greatest expression of sincerity.”

This question is very straightforward and difficult to answer, but Scott will naturally not be stumped by such a direct question. He said with a smile:

"William, I can understand what you think. Everyone expects a good price when they sell their company. But sometimes the good price that seemed good at the time is not necessarily a better choice, just like But if you are confident enough in Zoom, then we can also allow you to retain a part of the company's shares, so that you will not miss Zoom's development results in the future, and we will exchange shares of Zoom with shares of Wal-Mart Group, the same , With the help of Zoom, Wal-Mart Group can grow, and you will also benefit from Wal-Mart stock, so in the long run, it will be a better choice."

"Then there's always a valuation for Zoom, isn't there, Mr. Scott."

William Chen asked.

"Yes, we Walmart Group is willing to buy Zoom for $300 billion, which I think is a reasonable price, William."

"Really?" Chen William said with a smile: "Sorry, Mr. Scott, I don't know if you know that Groupon's current valuation has reached 250 billion U.S. dollars, and only Zoom holds 40 billion dollars of this company. % of the shares are worth 100 billion U.S. dollars, so in your opinion, the valuation of our Zoom company itself is only 200 billion U.S. dollars? Is it not as good as Groupon?"

William Chen's words made Lee Scott silent for a moment, and he asked:

"So how much do you think Zoom is worth, Mr. Williams."

"In my opinion, Mr. Scott, I would not even consider Zoom's offer below $500 billion."

"500 billion?"

Seeing Scott's expression, William Chen knew that his offer was far beyond his expectations, he said with a smile:

"Yes, Mr. Scott, $500 billion. As I said just now, the Groupon stock held by Zoom alone is worth $100 billion. In addition, Zoom is growing rapidly, In the previous four quarters, the turnover was already close to half of that of Amazon, and the distance between the two will continue to be shortened in the future.”

"Now that Amazon is a listed company, their market capitalization has exceeded 750 billion U.S. dollars. Taking them as a reference, Zoom's original valuation is set at 400 billion U.S. dollars, which is very reasonable. This is what I valued at 500 billion U.S. dollars. reason."

After finishing speaking, William Chen spread his hands and said to Scott:

"It just seems that this valuation may be difficult for Wal-Mart Group to accept."

"This is indeed difficult for us to accept, William, you must know that even our Wal-Mart Group has a current market value of less than 2000 billion U.S. dollars. The value is only equivalent to 4 Zoom companies."

"It's not difficult to understand. Mr. Scott, your current market value is only a little more than two Amazon companies. I am afraid that you will be overtaken by Amazon soon. This will not be very far away."

When William Chen talked to Rob Walton, the spokesperson of the Walton family, about his desire to acquire Zoom, he told him that he would wait until this time to think that Zoom was worth $150 billion before talking. They were very patient. The price they offered this time was US$300 billion, which was even double the US$150 billion that William Chen had said before. I am afraid that in their view, this price was already very sincere.

But I’m sorry, after all, they have always been in the traditional retail business, and Amazon, as well as Zoom, can be classified as Internet companies, and they are different in concept. If the field has an advantage, there will be such a phenomenon that the market value will increase explosively. This is why William Chen is not optimistic about the development of Zoom after it is attributed to the Wal-Mart Group.

Yes, belonging to the Wal-Mart Group can bring a more complete logistics and warehousing system to Zoom. Users of Zoom can immediately obtain a wealth of products from the Wal-Mart Group, and even the products they buy can be packaged and delivered directly from Wal-Mart stores. This will greatly increase the competitiveness of both Wal-Mart and Zoom.

But at the same time, one is the physical retail industry, which belongs to the traditional industry; the other is the Internet and technology-based e-commerce, and there is a natural contradiction between the two. For example, Wal-Mart Group, they can tolerate Zoom. Is the price of the product lower than that in their physical store, resulting in the loss of users of the physical store?After this happens, can you still firmly support the development of Zoom instead of raising the prices of commodities on Zoom in order to avoid the loss of customers in physical stores?

You should know that Wal-Mart Group is a listed company. They own countless supermarkets around the world. Currently, the physical supermarkets are their main body. Decrease, stock price falls, still firmly support the development of Zoom?

I'm afraid this is impossible, so if Zoom is acquired by Wal-Mart Group, the end result is that Zoom will never be able to compete with Amazon, let alone catch up, and it will soon become a company because of the loss of Internet genes. An e-commerce vassal of Wal-Mart Group eventually fell.

These are all determined by the traditional industry genes of Wal-Mart Group.

(End of this chapter)