Rebirth of the Financial Crisis Sweeping the World

I bought two large villas in San Francisco. Wang Guanxi, Luo Baowen, Zhang Xiaolei, Jennifer Lawrence, Ford Ingrid and others packed their luggage from the hotel that night and moved into the new villa.

The two villas have a grand facade, one with a beautiful white Beaux-Arts facade, and one in the Queen Anne style.

Maids are also employed in both villas.

On April 11, the nearby land was purchased by the Crown Trust. People from Horton Housing Company started construction to connect the two villas with a long bridge. Several small houses will also be built to facilitate the maids. live.

There is a large manor here, covering an area of ​​2 acres, which is 12 acres of land. It is as big as 18 basketball courts.

This is an estate with 18 basketball courts in the billionaire district of Pacific Heights in San Francisco. It is already the largest in the wealthy district of Pacific Heights.

With nothing to do, Jennifer Lawrence said: Boss, let's go to Alcatraz Island to play

Alcatraz Island is an island in San Francisco Bay, California, USA. It covers an area of ​​0.0763 square kilometers and has inconvenient transportation. This island is one of the most notorious prisons in the United States. It was operated for more than 30 years. It was closed in 1963 and became a tourist attraction in 1973. reopen.

Some of America's most famous criminals were once imprisoned here. Alcatraz Island has also been the filming location for many film and television themes. In 1986, the island was designated as a National Historic Landmark. It is one of San Francisco's most popular tourist attractions.

Okay, let's go. Wang Guanxi then asked Luo Baowen and Zhang Xiaolei, Are you going?

Luo Baowen: I want to take a rest first, and then make arrangements for the villa. I have just hired so many maids. I have to arrange them before this afternoon. You go ahead.

Zhang Xiaolei also said: I'll take a break too, you guys have fun

So Wang Guanxi, Jennifer Lawrence, and Ford Ingrid went to Alcatraz Island to play.

As soon as he landed on Alcatraz Island, Wang Guanxi suddenly heard two young people complaining.

“Taking a taxi in San Francisco is really inconvenient. It takes a long time.”

Oh, luckily I caught the ferry ticket,

Wang Guanxi was stunned, Taking a taxi??

Jennifer Lawrence asked: BOSS, what's wrong?

Ford Ingrid also said curiously: Alcatraz Island is so small, there is no need to take a taxi.

Wang Guanxi smiled and said: It's okay, I just thought of an idea.

Speaking of taxis, the most famous company is Uber, also known as Uber in Chinese.

And Uber was only founded this year.

Founded by Travis Kalanick and Gerrit Kemp, originally named UberCab, Uber officially launched its service in San Francisco in June 2010.

Thinking of this, Wang Guanxi made a call to Greg Becker, CEO of Silicon Valley Bank.

The call was quickly connected.

Wang Guanxi said: Greg Becker, have you found Travis Kalanick?

On the phone, Greg Becker said: BOSS, Travis Kalanick is not in the United States. I heard that he traveled to France.

Wang Guanxi was stunned. It turned out that Travis Kalanick had traveled to France.

Uber hasn't even been founded yet.

Okay, let's do this for now. When he comes back, ask him to come see me.

Yes, BOSS Greg Becker thought for a while and said: BOSS, Facebook is currently looking for financing everywhere. Mark Zucker contacted me half an hour ago to discuss financing.

Wang Guanxi said: I'll wait for a few days.

Facebook didn’t receive financing until September this year, and it’s only April now, which is when Facebook’s valuation is at its lowest.

Greg Becker thought for a while and said: BOSS, Google is also contacting Mark Zucker now. I heard that it plans to acquire Facebook.

Wang Guanxi smiled and said: Google will definitely not be able to acquire Facebook.

Markzak has refused multiple acquisitions. When Facebook was experiencing internal and external troubles, Yahoo offered a purchase price of US$1 billion. Markzak's team agreed at the time, but at the critical moment Yahoo once again cut the price by US$150 million. Then Markzak felt humiliated.

At the board meeting, 22-year-old Mark Zucker tore up the equity agreement on the spot.

It's now 2009, Facebook has become a trend, and Mark Zucker will never sell Facebook.

“Yahoo failed to acquire Yahoo back in 2006, and neither could Google.”

Speaking of Yahoo, Greg Becker said: BOSS, Yahoo is also planning to raise funds. Do we want to participate?

No participation, Wang Guanxi said, This Yahoo company is not worth participating in.

Yahoo invested in Alibaba Group and made a lot of money, but in the future Yahoo will not be able to survive at all and will be defeated by the newly emerging technology giants.

For those who are Internet natives later, Yahoo is an unfamiliar term.

But in my heart, Yahoo is the real old driver of the Internet, but it has not launched for a long time.

From the pioneers of the Internet to the current scavengers.

From being able to acquire Book, to being acquired by Verizon.

From a market value of US$100 billion, it will sell itself to US$4.8 billion in the future.

The waves behind the Yangtze River pushed the waves ahead, and Yahoo died on the beach.

On February 1, 2008, Microsoft offered a high price of US$45 billion, a premium of 60%, and extended an olive branch to Yahoo, hoping that through the marriage of the two, it would break Google's monopoly in the search and online advertising markets.

Yahoo believes that the offer underestimates Yahoo's market value.

Three months later, Microsoft raised its offer to $50 billion, but was still rejected by the latter.

On July 25, 2016, the American communications giant Verizon announced that it would acquire Yahoo for US$4.83 billion.

For the former Internet giant, this ending is more like a humiliation. The sale price of US$4.8 billion is less than a fraction of its peak valuation of US$100 billion.

From hundreds of billions to bankruptcy and sale at a low price, he didn’t even retain his name.

Thinking of this, Wang Guanxi smiled and said: Yahoo will definitely go bankrupt in the future. Let those financial institutions raise funds. We will not participate in this company.

Yes, BOSS Greg Becker was a little puzzled, but now Yahoo is still an Internet giant and is very popular among investors.

Now that Yahoo wants to raise funds, many financial institutions have provided money to finance Yahoo.

However, BOSS's vision is extraordinary. Perhaps Yahoo will be defeated by the rising new technology companies in the future.

Now book and other technology companies are impacting Yahoo's market.

Thinking of this, he said: BOSS, this time Yahoo seems to be planning to acquire Facebook just like Google. Yahoo's financing this time is to acquire Facebook. I heard that it plans to use cash and stocks to acquire Facebook. Merger and acquisition”

Wang Guanxi was stunned for a moment, then laughed: Yahoo can't acquire it, and Google can't acquire it either.

At this point, Wang Guanxi said: Continue to keep an eye on Facebook. You refuse the loan first.

Yes, BOSS

After ending the phone call, Wang Guanxi continued to visit Alcatraz Island with Jennifer Lawrence and Ford Ingrid.

In the next few days, Wang Guanxi, Jennifer Lawrence, Ford Ingrid, Luo Baowen, Zhang Xiaolei and others visited the Golden Gate Bridge, Fisherman's Wharf, San Francisco Chinatown, Golden Gate Park, San Francisco Twin Peaks, San Francisco Exploratorium, Jiuqu Flower Street, Union Square, Alamo Plaza.

Everyone visited the top ten tourist attractions in San Francisco.

During this period, it was reported that Facebook's Mark Zucker simply ignored Yahoo's merger and acquisition and continued to seek financing and loans.

April 15th.

Wall Street Journal: Users around the world are strongly dissatisfied with Facebook's redesign.

Recently, Facebook launched a new version of the page. The revised new page has revised the home page, personal information page and friend dynamic page, aiming to build Facebook into a real-time information publishing system in addition to social communities, thereby challenging the micro-blog Twitter.

But this revision does not seem to be successful. Survey results show that 94% of users do not like the new page.

Among the nearly 800,000 users who participated in the vote, only more than 5% voted in favor, and even Facebook employees did not buy it. Some users complained: Many favorite functions are missing, which is very sad.

Some users said: Let's change it back to the original.

Another user said: I hate the new page. If it doesn't change, I will log in less.

Regarding user dissatisfaction, Facebook product director Christopher Cox responded on Tuesday and gave four improvement measures.

Such as adding more control and strengthening Highlights in Stream.

Facebook Chief Operating Officer Sheryl Sandberg said Thursday that Facebook still doesn't know why the redesign has caused so much dissatisfaction among users.

We still don't know what is wrong with this revision. Sandberg also pointed out that although this revision was opposed by users, the opposition rate was still lower than that of previous revisions.

When Facebook was having bad luck, Twitter announced that it had received US$330 million in financing from ten funds.

Many media have reported that Facebook has been abandoned by investors, and Twitter will replace Facebook in the future.

Moreover, some media broke the news that Facebook’s redesign was plagiarized from Twitter. +

Sandberg, chief operating officer of Facebook, specifically responded to the microblog Twitter, claiming: Twitter is an excellent company that does a good job in real-time updating of information. And Facebook has the largest number of picture sharing in the world, Twitter We can do what we can do, and I think we can do better. This redesign is not based on Twitter.”

Sandberg also said that the current economic downturn has not affected Facebook's advertising revenue. Our advertising business continues to grow, our revenue continues to grow, and Twitter doesn't know how to make money yet, Sandberg said.

Bloomberg: “Facebook and Twitter have been at a disadvantage in the competition for financing. Twitter has received US$330 million in financing, while Facebook has not raised a penny yet. It is obvious that the investment market has abandoned it.

At this moment, in the manor, Luo Baowen asked: BOSS, do you want to find Mark Zach for financing now?

Wang Guanxi said: There's no rush yet!

hold on!