Chapter 104: The Beginning of the New Year
Vacation time.
During the business day, the NASDAQ traded normally, and the flow of funds was reduced significantly.
The Freshwater fund's tepid stocks, which lost more than $2.4 million in small amounts, have been up and down since the end of last year, and have been greeted by a slow bull market that has lasted for several years, which has been in place since the end of last year.
Employees are about to return to work, today is January 1st, 2003, and there are two days left before the end of the holiday.
Office workers are not students, and the longest holiday of the year is the period from Christmas to New Year's in the West, unless they save up for vacation, and the beginning of the year means that they have to return to the big city and get back to work.
Ye Dongqing is the boss himself, and he has almost no concept of whether to take a holiday or not.
He only knows that he has to get more funds this year and seize the remaining opportunity to buy the bottom, although he has lost more than 10 million US dollars in a row, he can consider it from another angle, which means that the starting price will also be reduced.
Others are still in a panic, and he greedily sweeps around and hoards stocks, and will never let them out easily unless he has to, not to mention the increase in the stock itself, and in a few years, he can get a lot of money on a quarterly basis just by paying dividends.
In addition to the business on Wall Street, according to the plan, Facebook should also be developed well this year, first lay a solid foundation, and if you have time, you can also find other startups suitable for investment, Google, Amazon, these companies with a market value of billions of dollars, are too expensive for Ye Dongqing, and even investing in Tencent makes him feel embarrassed, and he can't get so much money in a short time.
There are opportunities everywhere, and the pain is that there is still not enough principal available for investment.
No one will dislike that they have a lot of money, and so is Ye Dongqing, in fact, from the end of last year to now, it has only been a few months to drum up a business of this scale, which is enough to make people envy and drool.
Let's look at the crude oil futures market.
Washington's attitude is unclear, coupled with the fact that several countries in the Middle East have increased crude oil extraction, and after the oil price peaked last month, it has fallen a lot rapidly, and if Ye Dongqing holds it until now, the profit can only be more than 18 million US dollars, and the receiver who took over his funds at that time lost.
In fact, you can still enter the market at this time, but the risk is too great, far from being as safe as shorting crude oil futures at a high level after the outbreak of the war, and it is not as safe as insurance during the wave of oil price madness two years later.
Ye Dongqing is not a god.
He thinks it's better to be stable in the near future, as for whether to use one or two million dollars to try, he has not made up his mind at present, and the situation caused by the long and short game is very complicated, maybe he will take it all in with interest.
On the whole, it is still inclined to enter the game, and last time it was able to take risks to use investors' funds, but now it is not possible, the account is regulated, and the movement of large amounts of money cannot be hidden from others.
Fortunately, Tamsui Fund Company still has some book profits left, which he can decide how to invest, and the Securities and Exchange Commission has no control over it, stipulating that investors' money cannot be used, and it does not say that even the company's book profits cannot be used.
When it comes to real accountability, few financial institutions, represented by Wall Street companies, are absolutely clean.
Many times, the money is in front of them, and who would be really stupid enough not to put up with it, after all, the price to pay for violations is too small compared to the benefits......
Send Laura home.
The lawyer told Ye Dongqing that she was next to her at that time, and she was ready to face any result.
Ye Dongqing didn't talk to her about this matter in detail, hoping that Laura would understand it herself, and use her brain before deciding what to do in the future, and then decide after weighing the pros and cons.
This Mercedes-Benz big G appeared downstairs in the hotel for the second time today, and quickly drove away directly, and when he came back, he was busy with Laura's business, and he didn't have time to take a look at Facebook.
Yesterday, I heard from the phone that the number of users has exceeded 10,000, this data is a little pitiful compared with those large Internet companies, Yahoo, Google and other giants search tens of millions of times a day, and hundreds of millions of websites are opened, but Ye Dongqing already thinks it's very good, as long as the product quality is passed, better results can always be achieved in the future.
On the way to the company, I thought that maybe I should recruit more new employees, start to develop it more perfectly, and leave the patent matter to a third-party company to deal with.
Even if there is a patent, a large company can always "learn from experience" to make a similar product, how can he have the strength to compete with others, the user base is there, who is strong and who is weak at a glance.
I bought some food and gifts halfway through to comfort the employees who stayed overtime during the holiday, and the bonus will also be prepared in advance, just wait for the other employees to start work, and let those people take a small long vacation.
Facebook, the program launched is called Facebook, translated into Chinese as "Facebook", the main user text picture social, fill in the correct personal information when registering, but also through data matching search for possible friends, such as the same school, the same community of users, currently only launched the matching of well-known universities, belongs to the market to test the water of the simple version.
There is not much to say, Ye Dongqing went to the company, mainly to express condolences and understand the situation, and learned that the proportion of registered users who re-opened their accounts within three days was only 4.5%, and he understood that if he wanted to operate well, it was estimated that it would not be so easy.
The problem is that there is not enough money that can be smashed in, and money is needed to promote and drain traffic, and money is also needed to expand employees in the future.
At present, the average monthly salary of programmers in New York is as high as 6,000 to 10,000 US dollars, and the more experienced ones are even higher, if you hire 100 people, the monthly staff expenses are hundreds of thousands, and it is difficult to say whether the more than 8 million US dollars on the current books will survive the first quarter of this year.
As soon as the head is hot to start the company, the back is like flowing money, and it can be expected that the early days of entrepreneurship will be difficult.
In New York, it snows at every turn, the cold wind whistles through the tall buildings, and pedestrians wrap up their clothes tightly.
Those who took advantage of the holiday to visit relatives or travel back to the city on the 3rd, and it is said that both the airport and the station have been blocked to the point of flooding.
The migration of millions of people has put a lot of pressure on New York's transportation hubs, and police have taken to the streets to maintain order in crowded places, and the bustling island of Manhattan has returned.
Young people from other towns who have decided to come out to work hard have not yet experienced the cruelty of New York, but still have beautiful fantasies about the city, such as the Statue of Liberty, the Empire State Building Observation Deck, and the Metropolitan Museum, which are popular places, and the radio host repeatedly told them not to go there if they have nothing to do.
Some of the people who originally lived in New York chose to go to less stressful cities, and many of them left and never came back, and the landlords didn't care at all, because the newcomers would still rent their houses, and the whole of the United States and the world was sending all kinds of talent to New York...... Or a mediocre ordinary person with a dream.
Under such circumstances, Ye Dongqing's companies resumed normal operations, and within one day held meetings with the employees of Tamsui Fund, Golden Island Financial Management and Facebook, and he personally formulated a "2003 development plan", promising that if the goal was achieved by the end of the year, he would give another three months' salary as a reward, and send luxury cars and mansions.
This cake is relatively large, and it is not easy to eat.
For example, the $500 million customer assets of the Freshwater Fund and the 10 million registered users of Facebook, in the eyes of his employees, are distant goals to look up to, and the salesmen of the Golden Island Wealth Management Company have been tasked with "developing downline" to help the company recruit more new employees, strive to capture several major states on the East Coast, and make the company famous.
In the new year, he continued to concentrate on the big plan of making money, Ye Dongqing set himself a small goal of 200 million US dollars, 150 million on the side of the Tamsui Fund, and 50 million on Facebook.
When Laura heard about it, she blatantly mocked him: "Don't dream, you are lucky not to lose the money you earned, how can money be so easy to make......"