Simon has already begun to set up venture capital funds to seize China's Internet industry, and when he heard Chen Qing's words, he just nodded.

Not putting all your eggs in one basket is Simon's consistent rule.

The venture capital funds that have been set up are all under the names of Westeros Company, Eagle Company, Cersei Capital and other Westeros system-related or unrelated companies.

Chen Qing actually knows this, the industries related to China that she and Lin Su are responsible for only account for a small part of Simon's layout in China, maybe less than one-tenth, in the final analysis, the two of them are still more lovers than assistants for Simon, this man has no intention of restricting them, but he obviously doesn't have too many expectations.

This is not what Chen Qing wants.

However, Chen Qing knows that if she wants to break through this boundary, she must make tangible achievements.

Thinking so, Chen Qing led the topic to the VCD industry that is becoming more and more in full swing on the other side of the ocean.

According to the latest statistics, as of last week, the total VCD shipments in the entire Greater China region reached 5.23 million units, and the overall shipments are expected to exceed 6 million units in the first half of the year, compared with the conservative forecast of 10 million units at the beginning of the year, the total VCD shipments in the entire Greater China region may be between 14 million and 15 million units this year.

As the sole supplier of VCD video decoding chips, even if the price of VCD is continuously reduced in order to promote the popularization of VCD prices and snipe potential competitors, Scober can maintain a high net profit of about $15 per VCD video decoding chip, plus the income from VCD solutions and other components, Scober's net profit for the whole year of 1996 may reach 300 million US dollars.

The most impressive thing is the market value of Scober.

Due to the unexpected sudden outbreak of the VCD industry in Asia, the inconspicuous video chip design company, which was only worth more than $100 million before the Westeros system acquired last year, has now reached a market value of $16.3 billion in the NASDAQ market, and the price-earnings ratio has reached an astonishing 81 times according to the single-quarter financial report of the last quarter that has been released.

In fact, this is also another proof of how crazy the new technology industry is today.

Last year, Westeros acquired more than half of Scober's shares, costing $94 million. Now, the Westeros system directly holds 47.70% of Scoober's shares, Chen Qing and Lin Su each 2.65%, adding up to a total of 53%, in just over a year, the book value of this part of the invested shares has grown to 8.639 billion US dollars, an increase of 91 times.

Not to mention Simon's book gains, just Chen Qing and Lin Su, the value of their respective stocks has exceeded 400 million US dollars.

Such a net worth is close to the entry threshold of the American 400 rich list.

With the continuous rise of Scooper's stock and the fact that both women have become American citizens, there is no suspense that the two will be on the Forbes 400 list in the second half of the year as long as they wish. In just over a year, it has created two new super-rich people at the level of the American 400 richest list, and only the Westeros system has this crazy ability to create wealth.

Chen Qing shrunk in Simon's arms, chatting about related topics, thinking of this, even if he had the most daring ambitions, he didn't expect that he would be able to reach this level: "400 million US dollars, boss, I don't know how to spend it." ”

At this stage, there are very few rich people in China, let alone 400 million US dollars, with a net worth of 400 million yuan.

Simon smiled: "Don't be so unproductive, in addition, I remember that you pledged this batch of shares, this matter should be dealt with first, be careful of self-defeating." ”

Chen Qing nodded: "Of course, I'm glad that it was just a pledge and not a sale, otherwise I would have cried now." ”

Last year, in order to subscribe for Igrete shares, Chen Qing pledged his Scooper shares to obtain 20 million US dollars, Igret's stock price rose sharply after the listing, and Scooper's rise was even more crazy, in order to avoid long nights, Chen Qing quickly sold part of Igrete shares to repay debts.

Looking at it now, the market value of Igrete has only tripled since its listing last year, while Scober has skyrocketed more than tenfold.

Chen Qing is really glad that she didn't cash out last year.

You know, she really had this idea at that time, after all, Scooper's stock has increased more than fivefold in just half a year, and in her opinion, it is already in a very high position, not to mention that her own boss is not very optimistic about the future of Scooper, and everyone is more optimistic about Igret's future.

Igrete has risen from the $100 billion level of the IPO to the current level of $300 billion, which is a terrifying increase.

It's just that it's not as crazy as Scober after all.

After all, Scooper's size is small enough, in addition to its own performance and aura, it is also convenient for the capital market to speculate.

Fortunately, I met Bill Sport of First Boston at that time, that is, Grace Splitt's husband, and the other party helped her introduce her to the staking channel without cashing out.

So once again, the importance of networking is revealed.

This is also because even though the wings are a little hard now, Chen Qing has no idea of leaving the man beside him at all.

Gone, maybe the assets she has now will not be spent in her life, but at the same time, she has a lot of things to climb up the ladder, which is still the most shallow result. Even, having lost her support, Chen Qing knew that she was likely to become a child carrying gold nuggets through the city, which would inevitably attract a large number of ill-intentioned coveters.

The world is far from being as peaceful as ordinary people imagine, especially at the top of the pyramid, the higher you go, the more sinister it becomes.

The VCD industry in Asia exploded in 1997, and now, due to the influence of Simon's big butterfly, this matter is a year ahead.

Similarly, stimulated by the explosion of the VCD industry in Asia, the promotion of DVDs has also been greatly advanced.

Therefore, the rapid growth and rapid decline of the VCD industry is almost inevitable.

Simon thought so, and said to Chen Qing: "Also, don't forget what I said to you at the beginning, now you can transform or cash out Scooper, my goal is too big, I can only take my time, you and Lin Su's shares are below 5%, the restrictions are very small, you can clear the position as soon as possible, don't think about waiting for the stock price to be higher, etc., the end of greed is usually not too good." ”

Chen Qing nodded obediently and said: "At the earliest, at the end of the year, Scooper's DVD decoding chip can also start to ship, since the boss said that DVD is the future, even if VCD in Asia declines rapidly, we can continue to occupy a certain share of the DVD industry, and we can continue to support Scooper's performance." In addition, boss, although as a major shareholder, you can't directly cash out too much, but with Scooper's high market value at this time, we can use Scooper's shares as banknotes to initiate an acquisition, right?"

Simon was slightly stunned when he heard Chen Qing say this, and then smiled: "It seems that you haven't relaxed your homework on Wall Street." ”

The most classic case of using high-value stocks as 'banknotes' to initiate acquisitions happens to be the acquisition of Time Warner by AOL at the peak of the bubble in Simon's memory, and all the shareholders of the original AOL made a lot of money in this transaction.

You must know that after the completion of this transaction, the new technology bubble burst, and the value of AOL quickly shrank by as much as 90%, which is the true value of AOL.

If there is no merger and acquisition, in fact, it is equivalent to the value of the shares in the hands of all AOL shareholders after the bursting of the new technology bubble will shrink by 90%, and even, because the situation deteriorates and causes AOL to go bankrupt, it is directly worthless.

In comparison, Time Warner's stock price in the process of the new technology bubble is also high, but the gold content is also very high. When AOL and Time Warner merged in a 55-to-45 share exchange, AOL shareholders exchanged for a valuable share of AOL stock, which was actually only one-tenth of the value of AOL stock.

Figuratively, AOL shareholders are equivalent to exchanging their silver bars, which are seriously overvalued to the equivalent of gold, for half silver and half gold. When the price of bubbled silver fell back to normal levels, the remaining half of gold was real.

Similarly, the full amount of gold in the hands of the original Time Warner has become half gold and half silver, which is equivalent to a direct loss of more than half.

The current market value of Scooper is not all bubbles, after all, the net profit of 300 million US dollars is expected to be certain, but the prospect of the VCD industry is destined to the high market value of this company will only be short-lived.

In this case, Simon, as a major shareholder, is unlikely to cash out too much in the short term, and using the shell of Scooper to directly initiate an acquisition is undoubtedly the best solution.

When the tide of the VCD industry recedes, there may be another gold mine left on the Westeros side.

The question now is, which target should I choose?

Holding the nephrite jade in his arms and discussing it for a while, it was fruitless for a while.

The VCD industry in Asia can maintain its heyday for at least two years, and this matter is not urgent, and the topic has changed to other topics.

Before you know it, it's late at night.

Occasionally grabbed the man's arm and glanced at the Patek Philippe watch, and found that it was already more than ten o'clock, Chen Qing slipped out of Simon's arms charmingly, knelt on the carpet at the man's feet, looked up at Simon with an interested expression, and lowered his small hand to the man's belt.

But it was stopped.

Simon smiled and lifted the woman's delicate chin, stretched out an index finger and quickly traced it on Chen Qing's forehead.

Chen Qing blinked before she reacted.

This is a 'forbidden' word.

Here we go again.

Without giving up, he put his hands on the man's knees and rubbed them, Chen Qing still looked up at Simon in a posture that could stimulate the man's interest: "Boss, it's actually not bad to be less restrained occasionally, isn't it?"

Simon looked down for a moment, then pushed the girl and said, "I don't want to be iron-clad, and I don't want to be sucked dry by you goblins at a young age, so go to the coffee table." ”

Chen Qing persevered a little, and seeing that it had no effect, she obediently walked back to her knees and retreated to the coffee table next to her.

It's just that another problem was discovered, and the girl sitting on the coffee table blinked: "Boss, I'm the only one." ”

Simon just lifted his chin and crossed his legs, looking like he was waiting to watch the show.

Chen Qing didn't say anything anymore, but her expression quickly became resentful, her eyes were as bright as water, and she bit her red lips lightly and began to change her posture.

The next day was Saturday.

Simon was in the early days as usual, and Chen Qing, who performed alone last night was very 'hard', rarely lazy in bed, and did not appear again until Simon had breakfast.

There were no special arrangements today, Simon had breakfast and took a helicopter ride to Manhattan.

First of all, I still have to take care of some daily tasks.

After a busy morning in Manhattan, near noon, I took a helicopter flight to East Hampton on Long Island again to have lunch with a mother and daughter who I raised here.

After lunch, it's time to rest in the afternoon.

didn't go to the girls of the National Style Art Troupe, but sat under the eaves of the backyard of the villa and read the script.

A project called "Extreme Deep Cold" just sent over from Los Angeles.

Simon, of course, knows.

This is a typical failed project of Disney in the late 90s, with an investment of more than $50 million and a domestic box office of just over $10 million.

If you think about it, in the late nineties, Disney experienced a series of times such as the departure of Jeffrey Katzenberg and the expulsion of Michael Owitz, although it successfully merged the Metropolitan ABC Group, and Michael Eisner was still in power, but then it did not shine as brightly as it did in the era.

The only thing that can be done is Pixar's animation.

Pixar just doesn't belong to Disney.

Because of the Pixar, it has also led to the continuous growth of this 3D animation film company, further eroding Disney's own resources, and even a super big oolong, about "The Sixth Sense". This low-budget horror thriller cost only $17 million to produce and grossed more than 600 million worldwide.

For outsiders, with such a return on investment, Disney must make a lot of money.

In reality, this is not the case.

Because the performance has been sluggish, for this new director's low-cost new work, although with the participation of a big name like Bruce Willis, Disney still has no confidence, so it sold the copyright of "The Sixth Sense" to an independent production company in advance, and Disney itself only retains the distribution rights.

The results can be imagined.

In the end, Disney only earned a distribution fee from the huge box office of "The Sixth Sense", including subsequent videotapes and TV broadcasts, which have nothing to do with Disney.

Suddenly thinking of this, Simon involuntarily introspected and reflected.

Daenerys Entertainment is in full swing right now, but it's not like it's okay to sit back and relax.

After all, when a company is too big, all kinds of problems are bound to arise. Simon has always wanted to let go of Daenerys Entertainment as much as possible, but he also knows that once he lets go, the huge Daenerys Entertainment is likely to fall into the same situation as Time Warner in the years after Steve Rose's death.