More and more people are turning their attention to Las Vegas, a miracle city rising in the desert, and its fame has spread all over the world.

Some people do it to have fun, others it is to invest and make money, and after Lily's grandfather died, he left a large sum of money for Lily's father, so her father came to Las Vegas with this inheritance, and is now in the casino hotel business.

200 million US dollars, which is nothing in Las Vegas, at best can only open a medium-sized casino hotel, and after spending a fairly enjoyable flight on the plane, at this moment Lily is sitting in the car and is introducing to Su Mu:

"My father partnered with somebody else to buy a small stake in Caesars Palace Casino, and he invested $170 million, 9 percent, and I thought it was going to be a failed investment, and it was his own money, and they had signed it when I heard the news. ”

Caesars Palace Hotel & Casino opened back in the 60s, one of the most famous hotels in the Las Vegas area, with more than 1,500 rooms, business is not bad, the last time I came to Las Vegas, Sumu learned about some famous casino hotels through the tourist brochure.

"Why do you say that, isn't this casino doing a good job?" asked Sumu.

"Well, there are a lot of new casino hotels in Las Vegas, and Caesars Palace is too old compared to them, and it takes hundreds of millions of dollars to renovate the whole thing, and neither my father nor Caesars Palace World can come up with it. Last month he had the idea of asking you to invest, but I rejected it, even my father should not have made such an unreasonable request, and the failure of the investment can only be attributed to bad vision. ”

Lily was not optimistic about her father's investment, and almost put all her net worth on it, and then whispered to Su Mu: "If you don't get the investment, my father plans to unite that friend and put pressure on the parent company, Caesars Palace World, to sell it at a higher price."

I heard him say that ITT Group had the intention of buying Caesars Palace, but Caesars Palace World asked for two billion dollars, and in the end it was not negotiated. In the past few years, there have been economic crises one after another, and the gambling business in Las Vegas is not easy to do, and it is difficult to say whether it can negotiate an acquisition, it is too risky, but fortunately, even if it loses, it will not lose much money, and the signboard of Caesars Palace Casino Hotel is worth a little money. ”

Su Mu also felt that this deal was not wise, he only got 9% of the shares for $170 million, and he had no right to speak, which meant that he could only follow behind others, so it was better to go to Silicon Valley to cast a wide net and try to catch the "big fish".

"If your father had asked me before investing, I would have told him that he would be able to make far more money by buying Microsoft stock, or by buying Sun and Oracle stock, than by investing in a casino hotel in Las Vegas. But there is also a high possibility of losses, and maybe tomorrow a company releases a more advanced operating system, Microsoft's stock will fall by more than half, and from the current situation, it is worth investing. ”

Hearing this, Lily always felt that he was gloating, when they met again last year, Su Mu was not much richer than her family, and now the gap has been widened far away, Su Mu's investment vision is much better than her father's, no wonder she thinks Su Mu is mocking her father's investment vision.

"Yes, I once persuaded him to invest in Microsoft with me, but my father's rigid personality always thinks that the traditional industry is more secure." ”

After all, there are only a few who have the vision to lay out the IT industry early, which really makes many investors on Wall Street set their sights on Silicon Valley, which has just happened in the past two years.

Lily's father, Mr. Temple Sr., like most people in this era, did not see the development prospects of the IT industry, and chose to come to Las Vegas to invest in casinos, Su Mu comforted: "I am more optimistic about the development of Las Vegas, if there is no opportunity to make money, how can so many investors come to Las Vegas, which has now become a tourist city."

Compared with high-priced acquisitions, I am more optimistic about investing in renovation and operating on my own, no matter what, I will not lose too much, Caesars Palace Casino Hotel is famous here, and it is possible to make a small profit, it is not possible to get dozens of times, hundreds of times the huge return like the IT industry, but it is not difficult to make money. If they support you to stay with me, it is not difficult for me to invest a few hundred million dollars, and recently many investors have been eyeing Galaxy, and I use shares to pledge, even if it is a billion dollars loan, it is not a big problem. ”

"You don't have to do that, he solves his own business, I know that many people are optimistic about your company, and some people ask me why you don't go public, and I want to know why?"

Lily asked about the point, and Su Mu said helplessly: "At first, I was worried that like Jobs, I would be kicked out of the company by investors, but later I found that this worry was unnecessary, and it was completely possible to stipulate different rights for the same shares."

I've been thinking about going public for a long time, the valuation value is not real money, I should get some of the money back, the NASDAQ has been going crazy since the second half of this year, and I'll think about it next year, and if I miss this crazy period, maybe the stock market will go into a trough, and then I'll lose a lot of money. ”

Considering that she was not as savvy as Su Mu in business, Lily asked casually, did not interfere with Su Mu's thoughts, skipped the topic of her father's business, and began to talk about the drunken cityscape of the Las Vegas Strip, which will be more beautiful when night falls.

Located in the desert, the temperature is much higher than that of Silicon Valley, and the convoy is parked in front of the Caesars Palace Casino Hotel.

Booked the highest presidential suite, as long as you spend a certain amount in the casino hotel, all the money for staying can be waived, someone lost tens of millions of dollars overnight, and no one drove him away after living in the hotel for more than ten years, but has been treated as a VIP, this city is very realistic, rich is the uncle.

When it comes to Las Vegas, the first thing that comes to mind is gambling, followed by the girls from all over the world who wander the streets after nightfall, the red light district is not legal in Las Vegas, but it is legal to open in the surrounding countryside, protected by Nevada law, as the only state in the United States that allows selling*, it is inherently attractive to men.

The old hotel of more than 30 years has been renovated many times during the period, but it is not thorough, and the interior is difficult to hide the obsolescence.

Lily seemed to be standing in the perspective of the hotel owner, constantly provoking, and the waiter who led the way was very embarrassed, the customer was God, and no one knew what he was thinking except himself, and he didn't show it.

Just help get a luggage, and received a hundred dollars in tips from Su Mu, worthy of the Las Vegas waiter who gave birth to the legend of a million-dollar tip, just said thank you in a flat tone and put it in his pocket......