Start by trimming cow hooves

During the meal, we chatted a lot.

Because we still need to study and discuss, we did not go further and talk about the topic of trading.

After the meal, he planned to go for a walk at Stanford University, but thinking that all his familiar classmates and friends had left, Suri felt a little unmotivated, so he went to a craft beer hall that he used to go to.

I didn't see anyone I knew when I walked in. After asking the bartender, I learned that the boss had sold the place last year and moved to Houston with his girlfriend.

After ordering two glasses of draft beer and some snacks to go with the wine, Daddario was silent tonight and asked curiously at this moment:

"I heard you mentioned several times that the price is relatively high. Don't you care at all? I mean, it's obviously a lot of money. Even I can see that Reed Hastings and the others, Surprised and pleasantly surprised by your offer.”

Su Rui looked calm and replied with a smile:

"We have a formula for calculating value. Netflix's nearly eight million active paying users can attract traffic to online TV projects. Even if only one-third comes, each user can be valued at twenty dollars. Software and hardware The facilities, plus their film and television rights, are worth US$30 million, and Netflix’s influence and fame are worth another US$20 million, which adds up to a value of US$100 million.”

Internet companies all burned money in the early days, and they had to burn money like crazy in order to attract customers.

For active paying users like this, the customer acquisition cost is only twenty dollars per person, which is already relatively cheap. If you are trying to attract pure passers-by, the average cost will probably be higher.

Daddario, like many Americans, has poor arithmetic skills. He then laughed and said, "This is only 100 million U.S. dollars. Do you want to quote an additional 150 million U.S. dollars?"

Suri shook his head and explained:

"How is it possible? It's true that I make money relatively easily, but it's not money that comes from the wind."

"You may not know that Netflix has an online film and television library. In addition to the seven to eight million paying members, there are also more than 30 million monthly active users. These people are used to going to Netflix's library. , looking for your favorite movies and TV series. This is a very good traffic platform. Even if it is a little less, the average monthly active user is three US dollars, and it has a potential value of about 90 million US dollars."

"As long as the self-produced dramas are good enough and it is easy to convert them into paid members, plus the time cost and some other resources, I will not suffer a loss. If I start from scratch, I am afraid I will need to spend hundreds of millions of dollars more, and at the same time We have to face Netflix, a competitor, and cooperating with them will reduce a lot of unnecessary trouble..."

Secretary Amanda happened to overhear this conversation.

As she put down her handbag, she helped explain to Miss Daddario:

“Silicon Valley has a tradition of high-end mergers and acquisitions, which means spending money in advance to eliminate all potential opponents. We originally valued Netflix at US$200 million, and the extra US$50 million can be said to be paid in advance. The opponent’s settlement fee greatly increases the probability of project success and is a very good deal.”

Suri asked Secretary Amanda to order beer by herself, and then said:

"The Internet speed is not fast enough, and they have not seen the potential value of the online TV project for the time being. If the new company has 10 million paying members in two years, and the monthly rent per person is US$7 or US$8, do you think such a company will be worth How much is it worth?”

Miss Daddario decisively gave up the struggle.

She silently took out her calculator and clicked on it, then said in surprise:

"The annual membership revenue is 800 million or 900 million U.S. dollars? A company worth tens of billions of dollars...my God..."

To save trouble, Suri really didn't care too much this time.

I want to take money all at once and knock out the members of Netflix's board of directors. If it is delayed for two or three months, the situation may change again.

When the election in Washington is over, the financial crisis caused by subprime mortgages will most likely get better.

As market confidence recovers, capital is once again paying attention to Silicon Valley. If there is any turmoil in the market, unexpected situations may easily occur. It is better to make a quick decision and finalize the deal as soon as possible.

His current strength is incomparable to that of some multinational giants.

There is also potential competition.

You don’t need to guess to know that as long as Suri goes out on his own and makes some achievements in online TV, countless investors will definitely take the money and give it to competitors such as Netflix, quickly muddying the waters and jumping in to seize the market.

Rather than allowing strong rivals like Netflix to grow, it is better to cooperate in advance.

It just so happens that Netflix has some connections in Hollywood and many big investors behind it, so it can reduce certain risks.

When it comes to big business worth hundreds of billions of dollars, Suri knows how important it is to win over allies.

When all the financing funds are spent, even if it is not short of money, I am afraid that it will still have to raise funds externally and bring other powerful institutions to make a fortune together.

Such is the rule of the game in Silicon Valley.

Entrepreneurs who are reluctant to release equity will almost always fail in the end.

Some talented founders were poached from their entrepreneurial teams and alienated from their families. Some were supported by financial sponsors as competitors, and naturally fell into disadvantages and disappeared. The competition was far more intense and less glamorous than people imagined.

Compared with other key issues that needed to be considered, Suri didn't take it seriously at all like spending more money. At this time, he had already begun to think in advance about how to face the pressure from Hollywood and media giants.

The film and television market has long been divided up, and there is only so much user demand. It is difficult for the market size to continue to grow, and everyone can only compete with each other.

This will inevitably lead to fierce competition between online TV projects and the traditional film and television industry. If he does not find some allies to back him up, Su Rui always feels that even he may not be able to withstand the opponent's offensive.

He's not Mark Zuckerberg.

As a Jew, the other party also controls a rapidly popular online social platform, so it is naturally easy for him to become an ally to some oligarchs.

Even if this time it really succeeds and the cooperation is negotiated with 49% of the shares, and 25% will be left when it goes public, Suri feels that it is enough to thank God.

In his earliest days, he held more than 20% of Facebook shares.

Not only is there only single digits left now, and he cannot participate in subsequent financing, it will be useless even if he has money, and others have no intention of helping him make a fortune.

If he hadn't accumulated some fame through singing and could barely be considered a public figure, he might not even be able to keep such a small share of the stock.

As a person of color, you naturally experience pressure in America.

For example, there are so many black people in the United States, but it was not until 2001 that the first billionaire with a net worth of more than one billion US dollars was born. Being Chinese is even more troublesome.

In the early years, Wang An, the founder of Wang An Computer and the richest Chinese-American, had a net worth of hundreds of millions of dollars in the 1980s and was ranked the fifth richest man in the United States.

Later, he was surrounded and suppressed by his peers, coupled with poor decision-making, it went completely cold within a few years and ended in bankruptcy, which was short-lived.

Before I got sick two years ago.

Suri actually discovered the problem and had already made a plan to transfer the family assets to the other side of the ocean.

Unfortunately, something unexpected happened later and I had no intention to pay attention to these anymore. Many ideas were shelved and many opportunities were missed during this period.

Check it out recently.

Good domestic companies have basically been divided up by multinational institutions. If you keep your money in Facebook, which is on the rise, you will have the opportunity to maximize value, so you are too lazy to make any more troubles.

Su Rui offered to be in charge of only the film and television production department. The main reason was that he looked away and did not want to personally participate in the intrigues in the business world and face a lot of mess every day.

Daddario didn't understand how deep the water was, let alone the saying that he couldn't let go of the child without trapping the wolf.

At this moment, I only feel that Suri's charm is stronger.

Although I knew he was rich before, it was not as intuitive as tonight.

She doubted whether she could catch such a man and had no confidence in it...