Chapter 243: Netflix's Future

Reed Hastings lobbied Pepsi to buy his company, Netflix, for $50 million, and failed!

If it weren't for the time-lapse perspective of this negotiation, Reed Hastings' defeat would have been normal.

This is the time when the bubble in technology stocks has burst, and it is not surprising that companies like Netflix, which involves the Internet, have received a cold reception.

In the past few months, the number of bankruptcies and failures of Internet companies has exceeded the triple digits.

Take 10,000 steps back, even if Netflix's business model is really good, with the strength and connections of Pepsi, with $50 million, you still can't make your own "Netflix"?

Walking out of the Passcard headquarters, Reed Hastings glanced back, then looked down at his watch.

From the time he entered the building to the time he came out, it didn't take more than 20 minutes.

The corners of Reed Hastings' mouth hooked slightly.

His assistant, Sean Anderson, sighed bitterly.

Netflix failed to sell, but now the company's capital chain is about to break, if you don't want the company to go bankrupt, there is only one way to go, and that is to lay off employees!

Sean Anderson is in an awkward position, once Netflix lays off employees, it must be the talent of the core business that will be retained, even if he is an assistant to Reed Hastings, he will face the crisis of firing Squid.

Sean Anderson looked up and glanced at Reed Hastings carefully, only to find that instead of the despair and despair on his face after the failed negotiations, there was a bit of sarcasm and mockery.

When Reed Hastings looked back at Pepsi with contemptuous eyes, Sean Anderson's eyes were about to pop out.

Boss, isn't it?

At this time, are you really fantasizing that Pepsi will not transform, and then the building will collapse?

Even if it is finished, with the huge assets and strength of Best, it will not be consumed without a ten-year period. On the other hand, if Netflix can't get funding in the short term, it will really face bankruptcy.

Reed Hastings saw Sean Anderson's panicked expression and smiled slightly, "By the way, Sean, have you seen a movie? ”

"I've seen it, it's a funny comedy, it's produced by Down Pictures, I know. Sean Anderson nodded mechanically.

Reid Hastings laughed, "Then do you know who the heroine of "The Wedding Guest" is?"

Sean Anderson raised his head and thought for a moment, then shook his head, "I just remember being a very sweet girl, a little star." ”

"Her name is Reese, Reese Witherspoon. ”

"Oh, yes, Witherspoon. ”

Sean Anderson didn't know whether he really remembered it, or pretended to agree, and looked at Reed Hastings curiously with a pair of eyes, not knowing what he meant by this.

As the two of them slowly walked away from the headquarters building of Passcard, Reed Hastings said slowly, "Speaking of which, Miss Witherspoon and we both have some connections. ”

Sean Anderson suddenly laughed and shook his head frequently, "Reed, you're really joking. Although we are doing movie-related business, we are still far from movie stars. ”

Reed Hastings looked at him deeply, "Sean, I told you a long time ago that it is good for our career to pay more attention to the alumni circle!"

Sean Anderson was confused, "Alumni circle? Could it be that Miss Witherspoon also graduated from Stanford University?"

Reed Hastings glanced at him with a smirk, "Surprised?"

"Huh, is this true?"

Sean Anderson was a little surprised.

Reed Hastings' eyes narrowed slightly, looked at the traffic in the distance, and said lightly: "Do you know Google? At present, the most used search engine in the world, the founders are our two alumni, belch, and two juniors." When Google raised money, it was to take Witherspoon's relationship and catch up with Donn Walker. ”

"Done Walker?" Sean Anderson's eyes lit up and he became more and more surprised, "You're talking about that Done in Hollywood?"

"That's right, it's him. Reed Hastings smiled, "You may not know that Miss Witherspoon is Donne's secretary. ”

Sean Anderson opened his mouth, his expression a little stiff.

It's a bit embarrassing that such an important thing happened in his alumni circle, and he didn't even know it.

"Reed, I seem to understand what you mean, you want to ...... Through that junior, get in touch with Donn Walker?"

"That's what I mean!"

Sean Anderson thought for a moment, frowned, and said, "It's difficult! I'm a fan of Donne, I still know a lot about him, I know that he made a lot of money in the stock market half a year ago, and he was on the rich list." But...... He's a layman after all. ”

There were some things he didn't say explicitly.

Some time ago, Don spent a lot of money to acquire a large number of Apple shares and entered the board of directors of Apple. In his opinion, this is no different from giving money, and it is the most stupid behavior.

Reed Hastings pondered for a long time, does Donn really not understand investing?

His investment in Apple is indeed incomprehensible. But Google, which he invested, has developed rapidly,......

"By the way, the company has changed its name, have you heard?"

The company's core business is online payment, and Netflix also has a corresponding business, so Sean Anderson paid more attention and immediately said: "Yes, it was renamed, the company acquired Confinity, and the new company after the merger was renamed PayPal." Once the company is integrated, PayPal will become the number one online payment platform. ”

Speaking of this, Sean Anderson and Reed Hastings' faces both showed a little excited expressions.

It seems that Donne's investment level is not bad!

Google is already the number one search engine, and PayPal will become the number one online payment platform.

What's more, Netflix has an online payment service, and users need to pay online to rent the film.

Netflix and PayPal have a win-win foundation for cooperation!

And Netflix is not an Internet company in the full sense of the word, which is also related to movies. As a big man in Hollywood, Don can even invest in Hasbro, not to mention the videotape rental business downstream of the movie?

"At the beginning, the company's financing was matched by Miss Reese Witherspoon. If Don really is as miraculous as Wall Street describes, he will be able to see the future of Netflix and !"

Reed Hastings clenched his fists, and determination appeared on his face.

Peskind is the first choice in his heart, but unfortunately, Peskind has a big family and looks down on Netflix at all.

Now, there is only one opportunity left, and that is Don Capital.

Whether it is in Hollywood, or on Wall Street, or in Silicon Valley, Donn has a great reputation, if he really lives up to his name, he will definitely save Netflix, right?

This is already the last retreat.

Of course, even if Donn is unwilling to accept Netflix, Reed Hastings will definitely not back down.

He has a strong belief in Netflix's business model, and even if he can't get a penny, he will lead Netflix to stick to it. If it's a big deal, pay cuts, lay off employees, and pay out of pocket.

Netflix will definitely have a future!

……

It's another weekend, and it's a lot of good news for Donn.

First, Johnny Depp officially signed a long-term contract with Done Films for 5 films, with a capped salary of $20 million, and the first film "Pirate League: The Curse of the Black Pearl" was paid $8 million.

Second, a Hong Kong tycoon surnamed Liu paid $3 million in sponsorship and wanted his "girlfriend" to appear in a commercial blockbuster produced by Tang En Pictures. Of course, such money has to be collected, and Bill McNick directly arranged for them to go to France and join the crew of "Mr. and Mrs. Smith".

Third, after more than 2 months of release, "Spider-Man" finally surpassed "Star Wars Prequel 1: The Ghost Man Menace" at the global box office after the end of the summer season, reaching $1.19 billion!

Fourth, Donne's private jet, Gulfstream V, is finally renovated and ready for service!

Because Disney's farce has undergone a new twist, and "Spider-Man" broke the box office record of "Star Wars Prequel 1", it is a great event, and it is customary to have a celebration party.

Bill McNick invited Donn back to Los Angeles this weekend, and everyone got together to talk about the "ban order" by the way.

Because the private jet is in place, Don is very excited, in his past and present life, this is the first plane he owns!

Don asked Natalie and called the two stars of "A Beautiful Mind" Clough Russell and Nicole Kidman, and flew from the west coast of the Atlantic Ocean to the east coast of the Pacific Ocean on his private jet.

This is a Gulfstream V, which is considered the top business jet of this era, but the area is limited, only 6 seats are designed, and there is no need to think about bedrooms, bars, and bathrooms.

It was a private jet converted from a large passenger aircraft like the Boeing 747, not the Gulfstream family.

The benefits of the Gulfstream aircraft are convenience, dexterity, and low cost, and the annual cost is about 3 million US dollars.

Private jets like the Boeing 747 are equipped with 4-5 flight attendants as standard, but in the Gulfstream series, one flight attendant is usually sufficient.

When it came to the flight attendant, Don's eyes involuntarily fell on the only flight attendant on the plane.

She was in her twenties, sexy and beautiful in her red and white uniform, and she met Donn's gaze with a warm smile.

All flight attendants on the plane, including the driver and flight attendant, are affiliated with Gulfstream, and if the customer is not satisfied, they can return the goods.

As a flight attendant on a private jet, this is definitely the top flight attendant in the United States.

But Don always felt that there was a little bit of taste and feeling missing.

Pretty is beautiful enough, but it always lacks a bit of the softness, gentleness and delicacy of Asian flight attendants.

"Alright, don't stare at people! Be careful to scare people away!" Natalie, who was beside her, quietly pinched Donn's arm.

Tang En paused slightly, and lowered his voice, "Don't worry, I'm not interested in her!"

"Virtue!"