Start by trimming cow hooves
Chapter 570 This is robbery
Two more days passed.
After preliminary contact, Suri visited the house in person, had a face-to-face chat with the owner of the Los Angeles Clippers, and lowered the purchase price to US$427.5 million.
Just like the rumors.
Donald Sterling, a Jewish businessman who already suffered from cancer, was stingy and had an eccentric temper. He was unwilling to make any more concessions on price.
Suri's psychological price was originally around US$400 million.
He felt uncomfortable chatting with the other person, especially when he heard the other person say, "It turns out there are Asians who are good at doing business," which made him get angry.
Sure enough, the rumors about this old man being "racist" are true.
On the way home in the car.
When Suri complained, her mouth was full of "mom content".
This puzzled Jiang Jiaya and asked, "Since you don't like that old man, why did you finally agree to his offer?"
Let out a light chuckle.
He took off his unnecessary tie and explained:
"This is called a small impatience that messes up a big plan. What if you really don't plan to sell it to me because of the price, or even change your mind and choose not to sell the Clippers?"
"I hate people showing off their cleverness in front of me, just like the star of "Beverly Hills Pawn Shop", that is, the pawn shop owner. If he hadn't plotted against me and wanted to use me to promote his products, he might have been paid less per episode. It can be more than 20,000 US dollars higher.”
"I want Old Donald to know what it means to be greedy for petty gains and suffer big losses, and teach him a lesson personally. Even if I spend a little more money now, I estimate that in a few years, he will regret it and cry in his arms, but I hope he can survive until then..."
If it was just a normal business negotiation, Suri would never be so angry.
The real reason that made him unhappy was that the old man's words and deeds just now were full of jealousy and contempt, as if his success was so incredible.
Then he relied on his old man to sell his old man and began to preach, urging Suri to sell Netflix Entertainment to the media oligarchs as soon as possible, and then walked away with the money. He was obviously influenced by those in the social circle.
then.
Suri, who believed in "tit for tooth, repay double", secretly rolled his eyes wildly and didn't even bother to lower the price slowly. He wanted Donald Sterling to lose a lot of money on the spot.
If the Clippers lose more than 1 billion US dollars in wealth due to selling the Clippers early, I believe that before the other party closes his eyes, he will be thinking about Suri.
…
Since he knows many answers in advance, Suri never likes to fuss.
For example, in terms of the equity structure of Netflix Entertainment, it was initially willing to suffer some losses, but in exchange for the support of many powerful allies and a jaw-dropping rise speed.
If it had not led others to share the cake, the development of Netflix Entertainment would never have been so smooth, and it would have inevitably encountered suppression from the film, television and media giants.
With the support of oligarchs such as Goldman Sachs, BlackRock, and Vanguard, at least Suri can compete fairly with those established forces and avoid many conspiracies.
In the blink of an eye, the total value of his shares in Netflix Entertainment has reached the threshold of US$20 billion, less than three years after the company was founded.
Even in Silicon Valley, where wealth-making myths abound, the success of Suri and Netflix Entertainment can be called a legend among legends.
Although the negotiated purchase price is about US$20 million higher than planned, if the timeline is extended to 5 or 10 years, this project is still expected to directly bring more than 1 billion US dollars in income to Suri.
As for indirect benefits, I'm afraid there will be even more.
Before founding Caishen Capital, Su Rui had no idea that he could make so much money in the asset management business.
Since the establishment of Caishen Capital, net profits have reached almost US$700 million. These profits can be reinvested in the form of principal, which indirectly makes the venture capital department under the Suri Family Office very popular in the market. welcome.
The reason is that the management of those start-up companies feel that Suri can bring them other help besides funds, such as introducing new potential financiers, helping with promotion and publicity, providing some official help, etc.
all in all.
In addition to the unreliable seller, Suri made a lot of money from this negotiation.
what is interesting is.
Shark O'Neal knew that Su's father wanted to buy the Clippers, and the Clippers' top management also knew that Su's father planned to buy the team. Even many well-informed media had heard about it.
But Suri’s dad still knows nothing about it until now...
After returning home.
After realizing it later, Suri finally remembered that she should talk to her parents in advance and took out her cell phone to contact her mother proactively to avoid being scolded again for not caring enough about her.
When he learned the cause and effect, his father hurriedly took the phone and asked on the phone:
"Buy the Clippers in my name? Have you reached an agreement with the seller? This is such a surprise. I never thought about being the owner of an NBA team. Wow, I love this gift!"
"..."
Suri didn't know how to respond. He felt like he was being robbed. He said to his father:
"I'm not giving it to you. Due to the regulations of the NBA, it's not convenient to purchase a second team in my name..."
"Hey, no matter what one family says, you are still the most filial. It was not in vain that your mother and I worked hard to raise you up."
Seeing his father pretending to be confused, Su Rui was basically sure that this was robbery.
With a smile in his voice, he replied:
"Okay, it can be regarded as the team you purchased. It will be convenient for passing the review of the NBA. However, during the acquisition, I will still provide a guarantee to the bank for you."
Dad Su wanted to be tougher, so he waved his hand and said no.
However, the amount of this transaction is as high as more than 400 million U.S. dollars, and due to his loan investment in China, the asset-liability ratio is a little high. With Suri's help guarantee, the bank will be more willing to actively cooperate.
Shark O'Neal communicated with the NBA president via video call, and the other party had no intention of directly vetoing the acquisition.
Especially when Suri is very smart and intends to win the online broadcast rights of some NBA games through the Netflix entertainment platform, the league president would be crazy to offend the sponsor.
After all, the league has no express regulations saying no to this kind of acquisition, and both Suri and his son are rich, and the team belongs to them respectively. From a certain point of view, there is not much of a problem. Instead, they can take the opportunity to attract a group of people. Wave attention.
Both parties have initially reached an agreement, and the acquisition of the Clippers should not cause any major problems.
There have been a lot of NBA teams interested in selling recently, and it is estimated that no one will come to drive up the price because they have too much money.
If the Clippers were really that popular, they wouldn't have entrusted O'Neal to be the intermediary and proactively found Suri two days ago... (End of chapter)
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