Chapter 728: Price Increase

Dr. Chen agreed that he could not join the company immediately, and had to wait for his Morningstar to close the two cases of A+CN and Inner City Broadcasting.

"I've heard that FOX has only budgeted a few million dollars for their new 24-hour cable news station, which is less than the amount of money you are prepared to invest in A+CN."

A week later, Amy's new drama was withdrawn, and the cost of 18 million only got 2.3 million box office in the summer file, which was worse than Mira's return to the blue reef that year.

On Song Ya's side, Dr. Chen made a special trip to Los Angeles to meet his future boss and entered the work state in advance.

There is some news in the industry one after another, and now the biggest momentum is the MSNBC channel of the joint venture between Microsoft and NBC TV Network, Microsoft is naturally wealthy, the two founders, Bill Gates can undoubtedly become the richest man in the world this year, Paul Allen is even more crazy in Hollywood, sports, and technology industry, NBC TV Network is backed by General Electric, the nineteenth of the world's top 500, this traditional and high-tech industry, the powerful combination of old media and new media, It is unanimously optimistic in the industry that it will soon squeeze out the leader position of CUU in this segment.

The second is the ACN channel of the ABC TV network, although ABC has been in a very bad situation recently, but people have a home! Disney and their acquisition negotiations are close to signing, Disney king Eisner is willing to pay 19 billion in one fell swoop to round ABC and the controlling party Metropolitan Communications Company, the transaction includes ABC wireless station, ESPN, history channel and a lot of messy telecommunications, broadcasting, print media, production companies, etc., and there will definitely be no shortage of money or anything at that time.

CBS people, who are nicknamed the old people's station by the Chinese people, are as their name suggests, and they have always been tepid in their work, since everyone is going to engage in a 24-hour cable news station, then I will follow up, but it will be a little slower, a little steady, and discuss it for the time being, anyway, don't worry, the audience, I will definitely have the same if others have it.

Only FOX, which has been implicated by the capital news corp., is now revealing shabby everywhere.

"That kind of big station is different from me, their channel resources, manpower and equipment are all ready-made, and it is not difficult to understand that they spend less money than me."

Those white stations are not their competitors, Song Ya only cares about two people, Johnson and Oprah, mainly Oprah on the Donkey Party's side, the woman's talk show became famous in Chicago, has its own production company Harp Studios, the company's headquarters and some studios are also located in Chicago, she has a huge influence in the whole meter, and her net worth is not as good as Johnson's but it is also very rich.

"The main thing is that I'm afraid that Oprah will enter the competition." He said to Dr. Chan.

"Don't worry too much, Oprah doesn't show any signs of going into this area right now, and she's already a lot behind us."

"We have Gordon, and I've done some work lately, and in the field of serious journalism, the African-American community still recognizes Gordon more," Dr. Chan said. ”

"Hmm."

Song Ya nodded, it is true, but to be honest, there are two sides to this matter, Johnson and Oprah are not involved, which shows that the audience of serious black news programs cannot support a 24-hour news station in their eyes.

In any case, if you really inject money into the inner city broadcaster, you must find a way to get the evidence of Oprah's fraudulent donation, and the kind of good deeds will usually have the video materials at the time, pledge documents, etc.

"Alicia is also about to sort out the current situation of the Inner City Broadcasting Company, and then she will meet with the accounting firm, Morningstar, and your political advisors to discuss a more suitable offer and submit it to the Sutton family."

Dr. Chan continued to report.

"That's it, by the way, you're just in time, come with me to Silicon Valley, and Mr. Clark has called me to an important meeting."

The schedule was very tight, and Song Ya and his party quickly arrived at Netscape's headquarters by private jet.

The IPO is imminent, and the bigwigs in the conference room here are a little sluggish, and Jim Clark and the people from the venture capital firm KPCB and the underwriter Morgan Stanley seem to have a bad conversation.

"APLUS, it's just right, our roadshow feedback is good, and we are preparing to raise the issue price of new shares, so please also express your opinions."

The issue price at the time of listing is a game with underwriters and potential buyers, for the company itself, the higher the issue price, the better, so that the company's valuation is higher and the cash in hand is more, but it cannot be so high that buyers are discouraged, after all, the United States people are not so crazy to play new stocks. For underwriters, it depends on whether the underwriting model is underwriting, consignment sales, or more complex balance underwriting or auction underwriting, or even a combination of multiple underwriters and multiple underwriting agreements.

"Oh, that's a good thing, how much better?" Song Ya sat down and asked.

"Fourteen knives." Netscape President Bacchus De said, "It's not too outrageous, is it? ”

"Fourteen knives are ......" Song Ya calculated in his heart, this price raised the valuation of Netscape to more than 1.2 billion, "Hehe......" Then the value of his stock here has also risen a lot, and he couldn't help grinning.

"This price is risky."

Morgan Stanley's Quatson poured cold water on him, "Don't forget, you're a start-up that's struggling to make a profit, and the real reaction of the market may not be fully reflected in the roadshow." ”

Morgan Stanley may want to lower the price to make the difference in underwriting, or it may be that he is really afraid of the failure of the project, in short, it is a game, and the words of the other party are completely unbelievable, Song Ya looked at Jim Clark.

"We're asking for your opinion." Jim Clark yawned, the meeting should have been going on for a long time.

"I'm just a humble minor......"

Song Ya's eyes rolled, "What do you say?" He asked Dr. Chen, who was beside him.

"According to the roadshow data...... Dr. Chen studied the documents on the table, "Fourteen knives shouldn't have any problems, right?" ”

"Look."

The people at the KPCB immediately grabbed the conversation and signaled to Quarter that their venture capital side would naturally wear the same pants as the other shareholders now, and that their shareholder power was much greater than that of Song Ya, who squeezed into the market with a sharpened head.

Speaking of which, KPCB and Jim Clark gave themselves a chance to enter the arena because they didn't talk about it at the beginning, and Song Ya looked around and didn't find any regretful reactions from the other party.

"Oh, this is my new venture advisor, and soon he'll be the president of A+ Ventures, managing my investments in the tech industry."

Quarter Tson looked at Dr. Chen, and Song Ya took the opportunity to introduce him.

"Fourteen knives?" Quatson rubbed his eyebrows.

"We've decided." Jim Clark and KPCB must have agreed, "APLUS, can you confirm it again?" ”

"Of course, you can."

Speaking of his own right to interfere, Song Ya is very satisfied, Jim Clark is his God of Wealth, those reprimands in the past are nothing, more than 1.2 billion Netscape, then the value of the equity in his hand has appreciated a lot......

He thought to himself.

"Let's go out and talk about it again." Quatson left the conference room with all of Morgan Stanley's men.

"Fxxk, they've discussed it four times, and it's estimated that they'll have to ask for instructions or something later."

Bacsd tiredly leaned back in his chair and complained.

"APLUS, DID YOU OPEN THIS NEW VENTURE CAPITAL FIRM BECAUSE YOU FOUND ANY GOOD PROJECTS?" The air in the room was dreary, and the KPCB man asked with a smile.

"Me? No, I'm just playing around. ”

Song Yacai didn't tell his peers, "Are you tired?" Or...... How about I sing you a song? ”