Chapter 1482 Digging a pit (seeking a wave)
It is amazing to have Chen Chu propose it personally, so how much money Chuke Technology needs this time? After all, it is amazing enough to allow Chen Chu to take out the equity of Facebook and Autohome in exchange for funds.
David Mark, Joe Lackb, Sean Egan, and Sain Jones were all digesting Chen Chu's words, and at the same time thinking about how their respective institutions should do this.
It is certain to intervene. This is a once-in-a-lifetime opportunity. Chen Chu is willing to give up his equity. If he missed this store, he would probably not have this village again. If he wanted to find such an opportunity next time, he still didn't know that he would have to wait until the year of the Monkey and Horse Month, and maybe he wouldn't be able to wait.
The difference is that what the price will be paid this time, Chen Chu obviously needs cash flow. For KPCB, Morgan, Lehman, Merrill Lynch and other institutional investment banks, they do have large assets in their hands, but that is also relative. If we only talk about cash, Morgan, Lehman, Merrill Lynch and others may not be more cash than KPCB venture capitalists.
But the biggest advantage of investment banks is that they have many investors. As long as they issue funds, bonds, etc., they can raise dozens or even more than tens of billions of dollars in funds. This is not as good as venture capital companies.
Seeing the expressions of several people, Chen Chu became angry again, "As a partner of Chuke Technology, in addition to being able to obtain equity in Facebook and Autohome, he can also obtain investment rights in other industries of Chuke Technology in the future!"
If the few people were still calculating the pros and cons before, then Chen Chu's words now will make the few people unable to bear it anymore.
No matter what Chen Chu and Chu Ke Technology want to do, are they really unable to think about it, wanting to cash out Chu Ke Technology or plan for some big moves, the current conditions have made several major institutions unable to bear it anymore.
"No matter how much money Chuke technology needs, Lehman Investment Bank is willing to support it!" Sean Egan said gritting his teeth. It is obviously going to make a big fuss. No matter how much Chuke technology needs, Lehman Investment Bank is going to take over.
Sean Egan believes that as long as he passes the news back, the entire Lehman Brothers board of directors will definitely support his decision.
After Sean Egan, Sain Jones also immediately stated that this was their opportunity to be assigned to the big cake of Chuko Technology, which should not be missed in any case.
Seeing the attitudes of Sean Egan and the others, David Mark and Joe Lackb could only grit their teeth and follow up. If they did not support this time, their relationship with Chuko technology would probably change in an instant.
When Smith, Little Smith took the fish he caught and handed it to the kitchen staff on Solange's yacht, he saw the excited expression on his faces of Sean Egan and others. He didn't know what Chen Chu had talked to, but it actually made Sean Egan unable to maintain his image.
"Chen, in a few days, President Richard Ford will be present at the Texas Hunting Ground Manor. I hope you can enjoy the glory!" Sean Egan said to Chen Chu.
Smith Jr. looked at Sean Egan in surprise. He had heard of the hunting ground manor that Sean mentioned. If you want to say that you are the most good at playing, it is the people on Wall Street who really played with a high level and a high level.
That hunting ground manor is mainly used for top Wall Street bosses and some important figures to hunt. In today's modernization, for various reasons, hunting has basically withdrawn from the stage of history, but the so-called money can make the devil push the mill.
In North America, known as the paradise of wealthy people, as long as you have money, even if you go to heaven, you will have private space travel, and deep-sea explorers will act as viewing submarines when you go to sea, not to mention hunting.
The hunting ground is a manor of more than 400 square kilometers, including primeval forests and various artificially raised brown bears, elks, etc. Of course, there are also complete hunting qualifications, hunting certificates, etc., which can be used to enter the hunting ground to get the best hunting experience.
However, there are many people who have heard of that hunting ground, but not many people who are qualified to enter. It is rumored that the hunting ground manor is backed by Lehman Investment. Every year, executives of Lehman Investment Bank go hunting and invite some of the world's top wealthy people to participate. However, most people are not qualified to enter that private manor, and even Smith Jr. was not qualified before.
But now Sean Egan takes the initiative to invite Chen Chu to participate. What this means is almost self-evident. That is, Wall Street has regarded Chen Chu as his own person, and even has the right to speak and make decisions.
Don’t think that this is just a private party, but the meaning behind it is very different. Just like the suburban villa in Yanjing, as long as you go in, there will be another world!
Chen Chu just nodded and didn't say much. What he wanted to talk about when he went there was naturally the most critical thing. Chuke's technology transferred equity to several major institutions, as well as the funds needed, etc.
"At that time, Director Joe Lackb, President David, will go there together!" Chen Chu turned around and said to the two of them. Since he was going to dig a hole, he naturally had to treat everyone equally.
Sean Egan was in a good mood and taught Chen Chu his hunting experience, "If you want to say that the best hunting ground is the territory of Nordic and Russians, there are the world's top primeval forests and such top prey. The key is that the hunting weapons there are definitely the best hunting grounds in the world. Chen, you must be interested, and you can go there together!"
Looking at Sean Egan's expression that was still unsatisfactory, Chen Chu could also guess some of them. They went to the hunting ground there, and they were afraid that hunting would be fake. The heavy weapons that the Russians had experienced were real. Maybe even guys like T72 could be made.
After a roundabout the sea, the Solanji yacht began to return. There was no problem with the Solanji yacht going to sea, but the people on the yacht didn't have that much time to spend.
If it weren't for meeting Chen Chu this time, Sean Egan and his group wouldn't have spent time here. Even if they were going to have a yacht vacation, they would have to invite a large number of models, celebrities and other yacht parties.
And at this moment, Sean Egan and the others were anxious to go back and report to the board of directors, and they were not in the mood to stay on the sea and float.
So after a simple meal on the yacht, the yacht began to return. Michael Bronger didn't know what Chen Chu had talked to several major investment banks, but when he saw the people who returned to the yacht lounge and started using satellite phones, he knew that it would definitely not be a trivial matter.
However, Michael Bloomer, who works in finance and financial media, has always adhered to the rules of the industry, that is, no matter what news you hear, you must never leak it. There are many people who want to catch the handle of Bloomberg.
If you are caught in a leak scandal, then it will be a huge blow to Bloomberg's credibility, not to mention the few people on the yacht today, Chen Chu, David Mark, Sean Egan, etc., are all leaders in the technology and financial industry. If Bloomberg reports some news, it will indeed attract a lot of attention, but even Michael Bloomberg may not be able to bear it!
When the yacht was about to reach the dock, Michael Bronger said to Chen Chu and Bai Molu, "Tonight, there will be opera Phantom and cat performances of the Cat in the Broadway Theatre in New York. I wonder if I can be lucky enough to invite two of you to watch?"
As one of the most beautiful places in New York, no matter whether Broadway looks good or not, millions of people go to Broadway to check in every year. Whether you can understand it or not, this area will contribute to the wealth.
The annual direct income exceeds US$1.2 billion, driving the economy of bars, hotels, gifts and other surrounding areas, exceeding more than US$3 billion. Last year, Chuko Technology's New Year's Eve Conference invited the Cirque du Soleil in Las Vegas to perform. As for Broadway's musical opera, it is probably a bit unlucky.
However, if you don’t go to Broadway when you come to New York, it seems a pity. Michael Blonge invited Chen Chu, obviously to introduce some connections to Chen Chu, or those celebrities in New York want to get in touch with Chen Chu.
As the hottest investment institution on Wall Street this year, North American Trust and Investment Banks, no matter how famous Smith Jr. is, there are many people who want to make money by North American Trust and Investment Banks.
"It's Mr. Bronger!" Chen Chu said to Michael Bronger.
When the yacht was about to arrive at the dock, it was already almost afternoon. The horizon had changed from blue to yellow. Looking towards Manhattan, you could see a layer of sunset that began to cover the entire city. The scenery was really good, and it was two different styles from the sunset in Hampstown Manor.
Chen Chu's eyes slid past Sean Egan and others who came out of the yacht cabin and took a deep breath. This time, Chen Chu wanted to borrow money from several major institutions, but the money he borrowed was not a little bit, all for preparations next year.
When the financial crisis of subprime mortgages in North America begins to break out, Chuke Technology, which has huge amounts of cash, can start to cut leeks. At that time, institutions such as Lehman Investment Bank and Merrill Lynch Investment Bank will eat up much of Chuke Technology's equity, and it will be doubled!
The Manhattan Bridge under the setting sun is getting busier and the endless stream of vehicles makes the entire bridge look even more spectacular. Chen Chu sighed, just because he doesn't know how many people will jump off the bridge next year.
Shaking his head, Chen Chu, Bai Molu and others walked off the yacht. After this day, Chen Chu felt a little tired, especially in the face of David Mark, Sean Egan and others, Chen Chu did not dare to take it lightly for a moment, and he felt tired at this time.
When Chen Chu returned to Hampstown Manor, Wall Street suddenly began to vibrate. Various news about Chuko technology suddenly raged on Wall Street, making the entire Wall Street start to be ready.
The first news came out was that after Michael Blonger and Chen Chu got off the Solange Yacht at the same time, several major investment institutions on Wall Street raised the stock ratings of Bloomberg, especially the three investment banks, Morgan, Lehman and Merrill Lynch, were the most active. Merrill Lynch, as the second largest shareholder of Bloomberg, holds 30% of the shares, is understandable about Bloomberg.
But Morgan Investment Bank and Lehman Investment Bank are so active, it is a bit confusing. Several other major investment institutions also joined in the fun. It was this wave that Michael Blonger's net worth began to grow sharply on paper!
Chapter completed!