Chapter 120: America's Opportunity
Liu Si attaches great importance to online travel websites and recruitment websites, among which online travel websites value the reason why it is really valuable. Pen × fun × Pavilion www. biquge。 info and recruitment websites are different, no matter how they grow, the market value will not be too large, because the recruitment website is fiercely competitive, making the profit very simple, Liu Dashao is important because he can save a lot of costs for Liu Si to develop his Internet empire in the early stage to recruit talents.
The earliest in history, with the largest market capitalization and the best operation is Priceline, which has a market capitalization of nearly $100 billion.
Priceline is a travel service website founded by American Jay Walker in 1998 based on the C2B business model. It is currently the largest online travel company in the United States. On Priceline, the most intuitive options are flights, hotels, car rentals, and travel insurance. Priceline is a typical online brokerage that provides a platform for buyers and sellers to trade and withdraw a commission at the same time.
In addition to Priceline, there is also Expedia in the international travel website, but he can only be the second in the millennium. Priceline has been able to maintain its leading position in European and American online travel websites, and there are still some dry goods. The creation of "NameyourownPrice" (a self-pricing system for customers) has been unique for more than a decade and is considered a revolution in the marketing model of the Internet age, and Priceline has grown rapidly in the process of inventing and applying this model.
Naturally, Liu Si will not let go of the customer self-pricing system, you must know that Jay Walker is a ruthless person, as soon as he founded Priceline, he patented the customer self-pricing system as its core business model. Jay Walker quickly raised $100 million in funding thanks to his distinctive business model, and among the early investors was even heavyweights like Paul Allen, the co-founder of Microsoft.
Although Jay Walker only started his business in 1998, Liu Si couldn't wait to rush to the hotel and immediately make a phone call to the goods in Madrid, asking him to take the trouble to get Priceline out early and patent the customer self-pricing system as soon as possible.
What the online travel website didn't say, that is, the establishment of Priceline, the reason why it can be successful, then there is a reason for its success, Liu Si, who knows Priceline's operation strategy, is full of hope for the future.
The choice of a recruitment website Liu Si is very distressed, he doesn't know which recruitment website to choose the business strategy, linkedin? monster? beyond? job? indeed? glassdoor? ……
There are not many job boards, and every job site will be successful in the future. Some are job summary websites similar to search engines, some are career networking sites, some are corporate recruitment job evaluation sites, and some are information classification sites...... There are a lot of choices, so Liu Si is confused about this.
Until he returned to the hotel, he did not choose to come out. However, at this point in time, it should be early morning on the American side, so he still has about 8 hours to think slowly.
LinkedIn was founded by Red Hoffman in 2002 to provide a platform for global professionals to communicate and help them do more with less. As the world's largest professional networking site, LinkedIn has more than 300 million members worldwide, and every Fortune Global 500 company has senior executives.
Monster is one of the oldest job boards in the world, and its parent company, TMP Global, was founded in 1967 and has an annual turnover of more than $1 billion. As the world's largest professional recruitment website and the world's largest recruitment service provider, it has long ranked within 30 in terms of visits, providing a full range of global recruitment solutions consisting of recruitment agency, online recruitment, headhunting services and recruitment yellow pages. As the No. 1 brand in the global Internet recruitment industry, Monster Company accounts for nearly 50% of the entire U.S. online recruitment market in terms of recruitment revenue.
Finally, after thinking about it in detail for a while, Liu Si finally chose the professional social networking site type LinkedIn and the professional recruitment website monster two categories to choose, of course, the information classification is also good, but angel capital seems to have invested in craigslist, there is no need to set up another information classification website.
The two types of websites have been in my mind for a long time, and I really don't know how to choose. Time ticked forward and crushed all obstacles. Whether it is the sun or the moon, Shenzhen is particularly charming under the neon light.
"Bell ......"
"Hey, good morning. I'm Jeff. "The people who know Jeff's office phone number are not simple, either the founders of high-tech companies invested by angel capital or some rich people, and there is another person, that is, the boss, he Jeff has to be careful.
"Jeff, is Madrid here?" This question was said in English, maybe Liu Dashao's English level is not very good, but after all, he has studied English for nearly 10 years in his previous life, and he can still speak such a simple sentence.
There is a language barrier in the conversation between Jeff and Liu Si, and there is no translator around Liu Si at present, so he has to find Madrid. When Madrid was sent to the United States, first, Madrid really had nothing to do in China, and second, Liu Dashao himself had some obstacles to the phone call with Jeff.
"I'm very sorry, but Madrid isn't here."
"Okay, you call him and ask him to call me. By the way, you can also tell him the phone number. The slow development of global mobile phone communication does make Liu Si feel extremely inconvenient. Fortunately, in less than two years, the development of global communications will be able to achieve global communication, especially after the rectification of some large state-owned telecommunications enterprises such as domestic telecommunications, mobile, Netcom, and Tietong, the change in the integration of domestic and international communications is absolutely leveraged.
Madrid is not only not in San Francisco, he himself has flown to New York a few days ago, and his entourage includes two traders handed over to Madrid by Liu Shengqiang.
The two traders are called Chen Lu and Fan Yang respectively, and they heard that Liu Shengqiang was going to kick the two of them out of the team to the United States to make stocks for the boss, and the two of them wanted to die or live, and begged Liu Shengqiang to have pity on them and not let the two leave the team.
Most of the traders in Singapore now have 5 or 6 accounts in their hands, with a total of 140 accounts, and the forward portfolio positions in one account are about $1 billion.
In this regard, it can be imagined how powerful everyone is, coupled with the analysis of some Southeast Asian political and economic situations during Liu Si's time in Singapore, as well as the immersive observation of large international capital such as the Singapore Exchange, Quantum Fund, Tiger Fund, etc., these elites have determined the judgment of the boss, that is, there will be a financial turmoil in Southeast Asian countries, so according to international practice, the traders who participated in this event can get a part of the bonus.
Taking the British pound, the euro, and the Mexican peso as an example, the currency depreciation is generally about 10%, or even more, which means that their position of more than 100 billion US dollars can make a profit of about 10 billion US dollars. In this way, even if the boss gives a little lead as a bonus, the two of them can share millions of dollars, or even tens of millions of dollars.
In the end, Liu Si called to instruct that when the two had a share in the bonus of this transaction in the future, Chen Lu and Fan Yang happily went to the United States to prepare to take over the legendary opportunity to control $2 billion alone.
In the United States, most of the commission fees charged by general brokerages are not calculated according to the turnover, but according to the number of investments to charge a fixed fee. Of course, some brokerages will also adopt a fixed commission + percentage commission model, which generally takes into account the number of transactions, the number of transactions or the account balance of the customer.
There are many securities companies in the United States, and a few people can start a securities company in the United States. Chinese are more famous as Scottrade, Interactive Brokers, Charles Schwab, Fidelity Investments, and Etron...... However, Madrid has set its sights on Goldman Sachs, Merrill Lynch, Morgan Stanley, Charles Schwab, Paine Webber, TD Mizuya, E-Trade, Fidelity and other large major securities firms, after all, only large brokerages can give large margin quotas.
Before coming to the United States, Liu Si gave the answer that this margin financing and securities lending should not be more or less than 5 times, that is, let the brokerage provide at least $8 billion for themselves and others. Small brokerages are simply not able to provide such a large amount of financing, and only by cooperating with these large brokerages can they get such great support.
Moreover, there are only companies like Goldman Sachs, Merrill Lynch, Morgan Stanley, and Charles Schwab...... Such a large brokerage firm can provide cover for Madrid's fundraising. $10 billion in stock investment is definitely not a small amount, only Goldman Sachs, Merrill Lynch, Morgan Stanley, Charles Schwab ...... Such large brokerages broker securities for Madrid, and only when they have their seats in the daily summary report can they not be spotted by others on Madrid's stock on the NASDAQ. After all, the big brokers don't just talk about it, they trade the most with their seats every day.
It's been a few days since I arrived in New York, but Madrid still doesn't have a brokerage option. Madrid's $2 billion plus the $8 billion he was about to raise was a very important bargaining chip, and for a few days, he met daily with managers of Goldman Sachs, Merrill Lynch, Morgan Stanley, Charles Schwab, Paine Webber, TD Water House, E-Trade, and Fidelity.
What makes people angry is that these sub-brokers only treat Madrid as a triumphant, and they can't give a satisfactory concession to Madrid in terms of transaction fees, margin rates, confidentiality and other aspects, so Madrid has been very troubled recently.
Which broker to choose? Once Madrid also wanted to consider which small brokerages to consider, but there were not many traders under him.
When I was troubled in Madrid, I didn't expect Jeff to call!