Chapter 164: The Subprime Mortgage Crisis Emerges

When Jack Dossi saw Zhou Shi coming, he quickly pulled him aside and said a few words. Zhou Shi originally thought that these two people came back for financing, but he didn't expect Jack Dosey to notify them at all, and wanted to discuss with Zhou Shi and communicate with others, and they came back this time without notifying. You must know that the previous equity adjustment of Twitter basically delineated the sphere of influence, Twitter is under Zhou Shiguan, and where to go is under the responsibility of Zhuang and Dai. Qunar doesn't have any business in the United States now, especially when the Chinese New Year is approaching. It's a surprise to come back at this point in time.

Zhou Shi's cultivation is getting better and better now, and he didn't express surprise at their arrival, and warmly welcomed them, but Johnson Chao was a little embarrassed. Zhou Shi didn't know why they came over, and he didn't want to know.

"You guys are here at the right time, Twitter needs financing now, YouTube wants to buy Twitter, I will avoid it for the time being, and the voting rights in my hands will be handed over to Jack Dorsey this time. You all discuss whether to sell Twitter or go for financing. "Zhou Shi

"Okay, no problem. Aren't you part of the discussion?"

"The role and future of Twitter, I have already made it very clear, I can't decide the future development alone, we must work together!" Zhou Shi looked at the two of them meaningfully

"We're coming back this time......" Johnson Chao was interrupted by Dai Furui before he could finish his sentence

"We're coming back this time to prepare for the next round of funding, and we want to hear your opinions," Dai Furui said first.

"Where to go for financing, it means that your development is very good. It's up to you to decide, I don't know where to go, so I won't interfere. Zhou Shi, "By the way, I suggest that Jack Dorsey join our parent company to coordinate the development of the two companies, how about it? Jack doesn't mind receiving an extra salary, right?"

"Of course I don't mind, for me, the more the merrier!" said Jack Dorsey

"I'm okay with that",

"I'm okay with that!"

Letting Jack Dorsey enter the parent company and then participate in the management of Qunar is just another test of the two of them. If they don't agree, they probably want to maintain the status quo, but if they don't, they obviously want to participate in the management of Twitter. Judging by the results, it is likely that they are seeing the development of Twitter and want to participate in it to get more honor and wealth.

The specific details were discussed for a while, and Jack Dorsey's rights and obligations were determined, and Zhou Shi left Twitter. Zhuang and Dai's choice can be said to be the victory of wealth and honor over ideals and beliefs. It's really hard to say what the future of Twitter will do, and the harmony of the board of directors may not be a problem for the time being, but as the interests become bigger and bigger, the possibility of disagreements is increasing, and Zhou Shi's control over him is getting weaker and weaker. Fortunately, the upper limit of Twitter is only a company of 10 billion yuan, and the upper limit of Friends Network is a company of 100 billion yuan. He has always been a free-range strategy for Twitter, and he is not reluctant.

I went back and talked to Shirley that Twitter's mergers and acquisitions or investments were up to them. In a few days, he will go back for the Spring Festival. Ever since they came back from Davos, they haven't been busy. Microsoft, Google, Yahoo, and News Corp are all here. They will make the next decision based on YouTube's business situation, and they don't know if Microsoft's $5 billion acquisition will stick to it. However, in order to prevent these companies from launching their own video sites after knowing the details of YouTube, they put forward restrictive requirements to participate in the acquisition and learn the details of YouTube, except for confidentiality restrictions, they are not allowed to invest in or establish video sites within three years. But in the end, these people are only willing to have a two-year limit, and Zhou Shi also feels that it is nothing, two years is enough, and it will not take so long to establish a market position. Two years later, unless YouTube dies, they will have to pay several times as much as YouTube to have any hope of catching up.

Zhou Shi felt quite uncomfortable with such a negotiation, like meat on a chopping board, allowing others to watch. On February 13, 2007, New Century Financial Corporation issued a profit warning for the fourth quarter of 2006, followed by HSBC Holdings' provision for bad debts of $1.8 billion for the subprime mortgage business in the United States, and the National Financial Services Corporation, the largest subprime mortgage company in the United States, reduced lending, and the subprime mortgage crisis officially kicked off.

Suzaku Company has repeatedly mortgaged, and under the high-leverage model, it has long begun to short New Century Financial Company. With the news coming out, preparations were also made to temporarily short the Dow Jones index. According to the plan, wait until New Century Financial announced the news of possible bankruptcy to end this wave of short selling. Zhou Shi's attention inevitably came to the Vermilion Bird Fund. Galaxy Capital has also come to Wall Street, and in this once-in-a-century financial crisis, if Galaxy Capital cannot take this opportunity to supplement its talent disadvantages, then there will be no hope for future development. And this time, they are going to use the method of raising Gu to leave the last candidate through many competitions.

U.S. crude oil rose to $58, and Zhou Shi made another large profit, nearly 70 million in profit. The Suzaku Fund will obviously have a profit of more than 100 million yuan in this transaction. They have at least more than 50,000 long positions in crude oil futures. If you keep changing positions and continue to hold long positions until the oil price rises to 140 and take profit around July next year, then there will be a profit of more than $4 billion. I don't know if a year later, the Suzaku Fund will not make more money through the subprime mortgage market than it will make through the crude oil market.

Zhou Shi's mortgage loan in China has also been received, and he finally raised 1 billion soft sister coins, all of which were invested in the A-share market. Hudong Heavy Machinery also continued to pull the price limit in the purchase of the Sixiang Fund, and China Shipbuilding finally announced a backdoor listing. Within a few days, the stock price of the Chinese ship they bought doubled, and such a precise buying time also caused all kinds of speculation in the domestic A-share rivers and lakes. However, there are only a dozen people in the Sixiang Fund, and they are basically only responsible for the operation and purchase according to the target provided by Zhou Shi.

After spending Valentine's Day in the United States, Zhou Shi and Wang Xirui left Silicon Valley together. Last time I went to Davos, Wang Xirui didn't have time, Zhou Shi didn't force it, and he didn't have much time to accompany her after he came back, which made her even more dissatisfied. That is, on Valentine's Day, Zhou Shi tried his best to finally meet her needs.

"You really don't want to accompany me to Yanjing?" Zhou Shi finally wanted to get Wang Xirui to go back together

"No, I'm going to Yanjing, my mother will really kill you and kill you. ”

"Are you just watching me suffer?" Zhou Shi

"It's a curse to keep you. "Wang Xirui

"You really turned your face and didn't recognize anyone, who was ...... last night" Zhou Shi looked at her ambiguously

"You~~" Wang Xirui blushed and wanted to say something. Zhou Shi didn't wait for her to speak, and directly came to a French deep kiss, unwilling to part for a long time.

"Let's get married!" Zhou Shi suddenly had an impulse and immediately shouted.

(End of chapter)