Chapter 205: The Subprime Mortgage Crisis

It was quiet in the carriage, except for the sound of two people breathing.

"Relieved now?"

Chu Chu was not surprised that Lin Fan guessed his careful thoughts, "Who made you so good?"

"I took the compliment. Lin Fan smiled, Liu Yifei went to lunch at Lin Fan's house, the two girls got along very well, Lin Fan did have a clear conscience, he had a good impression of Liu Yifei, but he didn't like it.

"But I didn't drive with you on Route 51 singing and enjoying the scenery, nor did I taste San Francisco coffee with you, could it be that the coffee there is really good?"

Lin Fan was helpless for a while, "Otherwise, I'll accompany you around, anyway, I'll have to go to the United States in a few days." ”

"Hey, I thought I was careful. Chu Chu glanced at Lin Fan.

"As far as I know, girls have always been very generous in these matters. ”

"But you said I was a fairy. ”

Well, for Chu Chu's occasional tsundere, Lin Fan was convinced.

"Alas, how did I forget that you still have a confidant in the United States?" Chu Chu showed a hint of suspicion, but in fact he was making fun of Lin Fan, she liked Lin Fan's embarrassed appearance in front of her, so that she would be a little happy, and the omnipotent Lin Fan would be stumped by herself.

Lin Fan was really embarrassed, holding his forehead with his hand, "I know that what a woman says can't be believed!"

"You're always so busy, I didn't even know that you had a day off for three hundred and sixty-five days a year?"

Lin Fan was stunned for a moment, and warmth surged into his heart in an instant, "Three hundred and sixty-four days of hard work in a year, as long as one day is the same as yesterday, it will be worth it." ”

Changed to Chu Chu stunned again, is it like this in the world of lovers? A casual sentence can easily touch people's hearts.

Lin Fan did not lie to Chu Chu, a few days later he stepped on the plane to the United States, Walden International helped to acquire the shares, Lin Fan needed to go to its headquarters to negotiate, like other shareholders of Dangdang, such as Tiger Fund, DCM headquarters are in the United States, and the final finalization negotiation will also be carried out in the United States.

San Francisco, this city Lin Fan has been here many times, and he can't see its beauty after living in a city for a long time, as if Lin Fan was very yearning for Yanjing in his previous life, but now he doesn't have any special feelings.

"Lin, happy to work with. ”

"It was a pleasure to work with. ”

The contract with Walden International was finalized very quickly, after all, this is a beneficial thing for both parties, if Walden International is not in the name of venture capital, Lin Fan has no doubt that this is a hedge fund, hedge funds are based on the premise of interests, speculating on stock prices and currencies at all costs, the most famous of which is Soros's Quantum Foundation.

The most important thing to complete this trip, Lin Fan is not in a hurry to return to Huaxia, he will not return to China before finalizing the overall situation, not to mention that he feels that he needs to promote the development of Twitter, after all, he is the largest shareholder of Twitter, and this future is worth 35 billion US dollars in business, since he was reborn, how could Lin Fan sit back and watch Twitter wait until 09 years to really develop.

The Grand San Francisco Hotel, he leaned on the breakfast seat provided by the hotel, waited for Jack Dorsey's arrival, and picked up the San Francisco daily newspaper casually, the fragrant coffee and the latest newspaper that still smelled of ink went well together.

Founded in 1995, New Century Financial Corporation has become the second largest subprime mortgage lender in the United States in ten years, and is a star company in the industry. Its employees have said that the company has organized its employees to participate in trips to the Bahamas, and has held a carnival in Barcelona, Spain, and that the company's stock has risen in five years of rapid growth in the United States, but in the fourth quarter, it has reported a loss ....... on its property statements."

Lin Fan's attention was quickly attracted to it, others did not know New Century Finance, but Lin Fan knew that this was the first subprime mortgage institution to fall in the United States under the subprime mortgage crisis, and since then a domino effect has been formed, and the subprime mortgage crisis in the United States has broken out in full swing, which in turn has caused a global economic crisis.

Now is the time for the subprime mortgage crisis to begin to show its power, and in a few months New Century Finance will go bankrupt. The world's top five investment banks have also had problems one after another, Lehman Brothers, whose assets are as high as $1.5 trillion, filed for bankruptcy protection, Merrill Lynch was acquired, and Morgan Stanley and Goldman Sachs were forced to transform....... At this time, Lin Fan thought of what he could gain in this change, this is a crisis and an opportunity, he needs to think about it.

"Lin, the coffee here is very expensive, so you invited me here. ”

Lin Fan put down the newspaper and laughed, Jack Dorsey has had a speech disorder since he was a child, so he likes to be quiet and is not good at talking, which may make him greet him so casually, which is enough to prove that he regards Lin Fan as a real friend.

"I feel a lot more relaxed when people I like are so easily satisfied. ”

Jack took a sip of coffee and sorted out his thoughts, "Actually, I have something to do." ”

"Isn't it a waste to talk about work on such a good morning?"

"The boss can enjoy life naturally, but I can't rest. ”

"Well, I'm not surprised by what you said, what's the matter?"

"The money on the company's books has been spent, and I need more money. ”

Lin Fan leaned back comfortably on the sofa, "I kind of regret telling you that I came to the United States." ”

A hint of hesitation flashed across Jack's face, "Am I spending money too quickly?"

"I'm just kidding, in my opinion a company that doesn't spend money doesn't have any potential, and it's almost a year to spend five million, which is too slow. ”

"Where do I have the boss's ability to make money, I can easily make hundreds of millions of dollars with an investment, and if I have this ability, I will definitely spend money wantonly. ”

"This tactful compliment of yours is the most wonderful thing I have ever heard this morning. Lin Fan immediately asked, "How much money do you need?"

Jack thought for a moment, "I think it will take at least fifteen million dollars, but I'll give up to ten percent of the shares, if Lin you don't want to ......"

Lin Fan directly rejected Jack's next words, "I'm willing to pay for you." ”

Although Twitter was only valued at more than 10 million a year ago, and now it asks Lin Fan for a valuation of more than 100 million, Lin Fan is still willing. And Lin Fan knew that Jack's high asking price was to make it difficult for him to retreat, and a large amount of the company's equity was concentrated in his own hands, which was very unfavorable to the management, but Lin Fan was willing to be the boss of this wrong, because he knew how valuable Twitter would be in the future, and with this 10% of the shares, Lin Fan held 55% of Twitter's shares and achieved absolute control.

Jack smiled a little helplessly, "Lin, you are really a love-hate investor. If it weren't for the agreement between the two, Lin Fan would have priority in the second round of financing, and he would not necessarily choose Lin Fan again.

"Jack, I think I'm cute. ”

Jack chooses to drink coffee to hide his speechlessness......