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Chapter 1488 is in full swing

As before, Chen Chu did not sit at the top of the conference room, but gave it to Smith Jr. to express his support for Smith Jr.

Chen Chu didn't need these things to consolidate his position, but it was completely different for Smith Jr. Larry Sonsini could only sigh that Smith Jr. was lucky.

Chen Chu looked at the conference room, some of whom were familiar, some had just joined Chuke Technology in the past one or two years, but they met one by one. However, everyone is different from their attitude when facing Smith, when facing Chen Chu, they are basically a bit respectful.

After pulling a chair, Chen Chu sat on one side and looked at everyone, "I'm glad that everyone can come here today. Thank you for your hard work!"

"President Smith Jr., and Director Larry Sonsini, have also mentioned everything you have done to me. On behalf of the Chuko Technology Board and the North American Trust Fund Board, I would like to thank you for everything you have done!"

There was a burst of applause in the conference room. No matter what, the words before the Chen Chu's meeting began were enough to show that Chen Chu did not come to North America this time to seek revenge. This is good news for everyone.

Chen Chu's words also prove that Chen Chu and the Chuke Technology Board of Directors recognize everything everyone has done, which is also crucial.

As the president of North American Trust Fund and the head of North American Trust Investment Bank, Smith Jr. stood up to report.

Although they send reports to Chen Chu regularly every month, it is quite different from actually facing Chen Chu's reports.

"In the first half of this year, the entire North American Trust Fund's industries, whether it is Facebook, Renren Film and Television, LinkedIn, Twitter and other industries, are still developing rapidly, and users and revenue are growing at a rate of more than 50!"

Smith Jr. glanced at Larrysonsini, Robert Kingsso and others, and finally gave face to several people. He did not report it and put on small shoes for them, but instead praised them for a few words.

Larry Sonsini and Robert Kingsso were also secretly relieved. They were really afraid that Smith, a little guy, would be unable to think about it and start making small reports on such occasions. At that time, even they would probably have some difficulty stepping down.

"North American Trust Investment Bank has invested in 27 companies. In addition to Twitter, youtube, DJI, and onyx industrial chain companies with Chuke's technical background, it also includes emerging technology companies such as medicine, biology, and electronics. It has also purchased real estate, hotel and other industries worth more than 3.3 billion US dollars. At present, the North American Trust Investment Bank has officially exceeded 100 banks, entering the ranks of the top 100 bank brands in North America!"

Smith Jr. said to Chen Chu that since the establishment of North American Trust Investment Banks, it has developed extremely rapidly. After all, North American Trust Fund provides ammunition, purchased a large amount of real estate, and acquired nearly a hundred small and medium-sized banks. In addition to being responsible for private storage, the most important thing for these banks is investment!

These small and medium-sized banks are spread all over North America and do not directly connect with ordinary depositors, but look for users who need investment. The investment threshold is above $200,000, and gather their funds. Then, North American trust investment banks invest, and there must be risks, but the return rate given by North American trust investment banks is very high, which has attracted many investors this year.

Chen Chu nodded. North American trust investment banks now have a large business scope, including investment, securities, bonds, stock issuance and other businesses, but they are basically just starting out. They rely on Chuke's technology to make investments prosperously. With high returns, they have attracted many investors. Other businesses are not optional, but they are basically not much better. Compared with large investment banks such as Morgan and Merrill Lynch, they are simply incomparable.

He looked at everyone in the conference room and basically the ones present today were absolute executives of the entire Chuke Technology North American industry. Chen Chu didn't mind revealing some information to make them prepare in advance.

"North American trust and investment banks will step up their reserve funds from the second half of this year, and in addition, investment will slow down a little. By next year, there must be enough funds in the North American trust and investment banks' accounts!"

Chen Chu's words shocked everyone in the conference room and couldn't help but start to speculate whether Chen Chu wanted to change the entire Chuke technology development plan?

Even if it is to cut leeks when the financial crisis comes next year, Chen Chu still needs to find some reasons for crown springs. It is not that easy to be a charlatan, and he always needs to find a reason.

Smith Jr. didn't expect Chen Chu to make such a request. According to Chen Chu's request, the North American trust investment bank may have to recover funds regardless of everything. However, Smith Jr.'s biggest advantage is that it will not make its own decisions. Regardless of whether Chen Chu's request is reasonable or not, Smith Jr. will not implement it at all.

After Smith Jr., Shirley Sandberg stood up on Facebook. Among the three troikas of Facebook, Zuckerberg, the co-founder, was responsible for technology and was also Facebook's storefront.

When Facebook was promoting externally, it downplayed the background of Renren Technology behind it, but focused on Zuckerberg, a technical genius card. Although everyone in Silicon Valley and Wall Street knows that Facebook is a company under Renren Technology, as long as Renren Technology does not take the initiative to say it, you can pretend that you don’t know. Anyway, you are not embarrassed, and the embarrassing people are others...

Of course, Zuckerberg is not only holding on to glory. Since the beginning of this year, North America has also held two consecutive hearings on Facebook. Zuckerberg is also thundering in front of him. He is like Facebook. Honor and risks are there. If Facebook goes public, he will be the genius founder and the youngest and most wealthy person in Silicon Valley. But if something goes wrong, he will take the blame...

Shirley Sandberg shows off her strong woman's style. She has now become Facebook's CEO, in charge of Facebook's finance and operational power. The only thing she has lost is a name. When Facebook's listing is successful and there is no need to play Zuckerberg's genius card, Shirley Sandberg will basically be able to get on the top.

Sherry Sandberg is familiar with Facebook's data and doesn't need to look at those data reports anymore. She is all made by her own hands, and she knows the best of how much moisture is.

"Facebook's user scale this year is expected to exceed 700 million, officially becoming the top three websites in the world's average daily visits. In the first half of this year, Facebook's overall revenue scale reached 4.76 billion US dollars..."

When she said this, Shirley Sandberg couldn't help but look at Chen Chu. Last year, when Facebook went to Yanjing for a meeting, Chen Chu once said that when Facebook's revenue exceeded 10 billion US dollars, Facebook would be allowed to go public.

Facebook has developed rapidly this year. It has almost tripled compared to the same period last year, but it seems to be a little bit worse than Chen Chu's requirements.

"At present, Facebook is constantly exploring new fields, cooperating with more companies, improving Facebook's advertising value, and allowing more users to cooperate with companies and Facebook. Next year, Facebook's revenue will exceed 12 billion US dollars, occupying more global digital advertising market share, and reaching the same revenue level as Google within three years!"

After listening to Shirley Sandberg's words, the Twitter in the conference room, youtube, LinkedIn, msn and other people were all shocked. Alex wanted to record these things now. If it was posted on the North American New Economic News tomorrow, the sales volume would definitely be overwhelming!

Facebook is actually preparing to benchmark Google. If Shirley Sandberg says that it will definitely make the entire Silicon Valley and Wall Street completely turn. Google's revenue this year exceeded 20 billion US dollars, basically no problem, and Facebook actually wants to benchmark Google or even surpass it. Such news is really amazing.

Chen Chu was not too surprised to hear Shirley Sandberg's words. Although he had not heard Shirley Sandberg mention it before, he could see from the reports sent by Facebook.

"Facebook can expand its scale, and in the mobile field, it also needs to accelerate its layout. Like the North American trust investment bank, Facebook also needs to raise certain funds!" Chen Chu said to Shirley Sandberg, Larry Sonsini and others.

After Facebook, other departments also reported to Chen Chu that these years are the last peak period of C Internet. Internet users are growing at geometric multiples every year, and major industries are naturally developing well. Regardless of whether they make money or not, the paper data is better than the other.

Needless to say, Blockbuster, LinkedIn and others, Blockbuster's market value has now hit a record high, which shows how optimistic investors are about Blockbuster's transformation.

After being acquired, LinkedIn has been backed by Renren Technology and has begun to expand to the global market. It is different from Twitter, msn, skye, icq and other industries that do not make money. LinkedIn, which has performed membership and advertising since the beginning, currently has more than 30 million members worldwide, officially becoming the world's largest workplace social networking website.

Compared with other companies that rely on spending money to expand, LinkedIn is easier to support. It only requires Renren Technology to call servers all over the world. Then, rely on user registration data, LinkedIn recommends this part of the data to merchants. To put it bluntly, LinkedIn sells headhunting services and talent resumes to tens of thousands of corporate customers around the world, which makes LinkedIn's cost quite low and the benefits naturally expand.

"It is expected that the revenue of LinkedIn this year will exceed US$410 million and the profit will reach US$75 million. In addition, LinkedIn has hired a new chief operating officer, Jeff Weiner is a genius operation and marketing expert!" Red Hoffman highly praised Jeff Weiner, because since Jeff Weiner joined LinkedIn this year, the revenue of LinkedIn has almost increased like a Rocket, which has led to the continuous increase in LinkedIn's valuation.

"This year, industries such as Blockbuster and LinkedIn can provide dividends and equity rewards, and the Chuke Technology Board of Directors will also issue a special bonus!"

Chen Chu has never been stingy with industries like Blockbuster and LinkedIn, which have seen soaring performance. Now that these rewards are given, they can be rewarded twice as much in the future.

John Antioco and Red Hoffman also showed joy. They don’t care about bonuses, but dividends and equity rewards are also quite attractive to them.
Chapter completed!
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