Chapter 728? Price Increase

The latest website: Dr. Chen can't join the job immediately after agreeing. He has to wait for his company, Morningstar, to conclude the two cases of A+CN and the inner city broadcasting company.

"I heard that FOX only budgeted a few million for their new 24-hour cable news station, which is less than what you plan to invest in A+CN."

A week later, Amy's new play was withdrawn. The cost of 18 million yuan was only 2.3 million yuan at the box office in the summer, which was worse than Mira's return to the blue coral reef. And laughing, she took Fergie and ran to Europe for vacation.

On Song Ya's side, Dr. Chen made a special trip to Los Angeles to meet his future boss and started working early.

Some news came out one after another in the industry. Now the most powerful channel is MSNBC, a joint venture between Microsoft and NBC. The Hollywood, sports, and technology industries are throwing money like crazy, and NBC TV network is backed by General Electric, which ranks 19th in the world's top 500. This combination of traditional and high-tech industries, old media and new media is unanimously optimistic in the industry. It can quickly squeeze out CUU's position as the leader in this segment.

The second is the channel of the ABC TV network. Although ABC's recent situation is very bad, people have a home! The acquisition negotiations between Disney and them are close to signing. The king of Disney, Eisner, is willing to pay 19 billion to buy ABC and the controlling party, Metropolitan Communications. The transaction includes ABC wireless station, ESPN, History Channel and a lot Messy telecommunications, broadcasting, paper media, production companies, etc., etc., there will definitely be no shortage of money by then.

CBS, which is dubbed by the Americans as the Old Man’s Channel, lives up to its name. They are always slow in doing things. Since everyone wants to set up a 24-hour cable news station, then I will follow up, but it will be slower and more stable. Let’s discuss it for the time being. Discussion, anyway, audiences, don't worry, I will definitely have what others have.

Only FOX, which has been implicated by the capital News Corporation, is now showing shabby everywhere.

"That kind of big TV station is different from me. Their channel resources, manpower and equipment are all ready-made, and it is not difficult to understand that they spend less money than me."

Those white stations are not my competition. Song Ya only cares about two people, Johnson and Oprah, mainly Oprah on the donkey party. That woman's talk show became famous in Chicago and has her own production company. Pu's studio, the company's headquarters and some studios are also located in Chicago. She has a huge influence in Quanmi, and her net worth is not as rich as Johnson's, but she is also very rich.

"The main reason is that I am afraid that Oprah will enter the competition." He said to Dr. Chen.

"Don't worry too much, Oprah doesn't show any signs of getting into this right now,

And she's already far behind us. "

Dr. Chen said: "We have Gordon. I have done some research recently. In the field of serious news, African-American groups still recognize Gordon more."

"Um."

Song Ya nodded, that is indeed the case, but to be honest, there are two sides to this matter. Johnson and Oprah did not participate, which shows that the audience of serious black news programs cannot support a 24-hour news station in their eyes.

In any case, if the Inner City Broadcasting Company is really invested, it must find a way to get the evidence of Oprah's fraudulent donation. Such good deeds usually have video materials and pledge documents at that time on file.

"Alicia is about to sort out the current situation of the inner city broadcasting company, and then I will hold a meeting with the accounting firm, Morningstar, and your political consultant to discuss a more suitable offer and submit it to the Sutton family."

Dr. Chen continued to report.

"That's it. By the way, you came just in time. You came to Silicon Valley with me. Mr. Clark asked me to hold an important meeting."

The schedule was very tight, and Song Ya and his party soon arrived at the Netscape headquarters by private jet.

The IPO is just around the corner, and the big bosses in the conference room here are a bit depressed. Jim Clark and the people from the venture capital company KPCB and the underwriter Morgan Stanley are on their own side, and it seems that the conversation is not very happy.

"APLUS, just in time, our road show feedback is good, and we are preparing to increase the issue price of new shares. Please also express your opinion."

The issue price at the time of listing is a game with underwriters and potential buyers. For the company itself, the higher the issue price, the better, so that the company can get more cash with a higher valuation, but it should not be too high. So much so that buyers are discouraged, after all, Americans are not so crazy to buy new shares. For underwriters, it depends on whether the underwriting model is underwriting, consignment or more complex balance underwriting or auction underwriting or even a combination of multiple underwriting agreements with multiple underwriters.

"Oh, that's a good thing, how much has it been improved?" Song Ya sat down and asked.

"Fourteen dollars," said Baxter, president of Netscape, "isn't that outrageous?"

"Fourteen dollars..." Song Ya did some calculations in his mind, and this price raised Netscape's valuation to more than 1.2 billion, "Hehe..." Then the value of his stocks here has also risen a lot, and he couldn't help grinning Laughed out loud.

"The price is risky."

Morgan Stanley's Quatson poured cold water on him, "Don't forget, you are a start-up company that is struggling to make a profit, and the real reaction of the market may not be fully reflected in the road show."

Morgan Stanley may want to lower the price to earn the difference in the underwriting price, or it may be a sincere statement from the heart that is afraid of the failure of the project. In short, it is a game, and what the other party says is completely unbelievable. Song Ya looked at Jim Clark.

"We're asking for your opinion." Jim Clark yawned. The meeting should have been going on for a long time.

"I'm just a humble minority shareholder..."

Song Ya rolled his eyes, "What do you think?" He asked Dr. Chen beside him.

"According to the road show data..." Dr. Chen studied the documents on the table, "There shouldn't be any problems with the fourteen dollars, right?"

"look."

The people from KPCB immediately caught the conversation and signaled to Quatson that their venture capitalists now naturally wear a pair of pants with other shareholders, and their shareholder power is much greater than that of Song Ya who squeezed into the market with a sharpened head.

Speaking of which, it was KPCB and Jim Clark who gave him a chance to enter the arena because they failed to agree on 5% of the talks. Song Ya looked around and found no regretful reaction from the other party.

"Oh, this is my new venture capital advisor, who will soon be the president of A+ Ventures and manage my investments in the technology industry."

Quatson looked at Dr. Chen, and Song Ya took the opportunity to introduce him to everyone.

"Fourteen knives?" Quatson rubbed his eyebrows.

"We have already decided." Jim Clark and KPCB must have reached an agreement, "APLUS, can you confirm again?"

"sure. "

Speaking of which he has no right to interfere, Song Ya is very satisfied. Jim Clark is his God of Wealth. Those reprimands in the past are nothing. With Netscape worth more than 1.2 billion, the value of the equity in his hand will be reduced. Followed by a large appreciation...

He thought happily.

"Let's go out and discuss it again." Quatson led all Morgan Stanley people out of the venue and left the conference room.

"Fxxk, they have discussed it four times, and they will probably ask for instructions later."

Baxter leaned back on the chair tiredly and complained.

"APLUS, did you start this new venture capital company because you discovered some good projects?" The air in the room was dull, and the KPCB staff asked with a smile.

"Me? No, I'm just playing around."

Song Ya didn't tell her colleagues, "Are you tired? How about... How about I sing a song for you?"