Daenerys Entertainment is the biggest winner of this Oscar, but Simon only stayed at the Melisandra party for an hour before quietly leaving.

Just like a Nobel Prize-winning scientist, he is destined to be unable to be excited about a little red flower in kindergarten.

In recent years, from Sundance to Cannes to the Oscars, Simon has accumulated enough honors in the film. More importantly, with the height Simon is currently at, it is difficult for the Oscars to attract too much attention.

The next day, the media was clamoring as usual.

However, this time, there is not much controversy over awards related to Daenerys Entertainment.

The five best film nominated movies, the best film in the original time and space "Unforgivable", is an old-school western film, and its competitiveness is far less powerful than imagined, and the other three are just foils. Therefore, under the strong public relations offensive of Daenerys Entertainment, it is easy to win the best film "Smelling the Fragrance and Knowing the Woman" by Little Golden Man.

Al Pacino's best actor is even more worthy of it.

This Hollywood big shot who rose in the 1970s has been nominated for Oscars six times before "Smelling the Scent of the Scent".

Other awards also did not cause much trouble.

The media even felt sorry for Daenerys Entertainment's two other outstanding films, "Howard Manor" and "Crying Game", which only won a few non-core awards.

Of course, even if it is difficult to cause too many troubles in Simon's mind, a series of Oscars will bring real honors and benefits to Daenerys Entertainment.

After the Oscars, the time quickly turned to April.

In Europe, Melisandra's acquisition of Christie's auction house was officially exposed.

Regarding this matter, the British media generally showed a stance of resistance, believing that Christie's is an iconic company representing the British historical status in the art collection field and should not be sold to foreign investors. Some fierce media people even petitioned the British government to ban the transaction.

However, in the face of capital, the power of media and public opinion is ultimately weak.

What's more, the British public's reaction to this matter is more inclined to watch the fun: Christie's, which often auctions collections worth tens of millions of pounds, is really far away from them.

After last year's pound crisis, the UK economy fell into a downturn, and many investors also tended to cash out Christie's stock to increase their cash reserves.

Therefore, the transaction was quickly approved by shareholder voting.

Melisandra successfully acquired Christie's, but in North America, Egret's financing plan was not so smooth.

Speaking of which, if you just want to raise funds simply, like Joseph Lewis, there are many investors who are willing to eat ten percent of Igret's stock in one bite.

However, the purpose of this financing is not too simple.

When Morgan Stanley and Goldman Sachs both expressed clear investment intentions, Egrit proposed a five-percent financing plan for two companies, which only caused dissatisfaction among the two Wall Street investment banks.

Ten percent of the stock of Igret is priced at $1.5 billion. Most investors can't afford such a price, but for the two Wall Street giants, it's still possible to raise some funds.

Everyone also knows that with the development momentum of Igrit Company at this time, 1.5 billion US dollars, 10% of the shares are indeed not expensive.

Buy it now and wait until the Igrit Company IPO, with the current capital market's pursuit of technology stocks, it is expected to achieve at least double the returns.

Cisco and AOL are the best proofs.

Now, 10% of the equity transfer share is not high and needs to be divided into two and shared with others. Of course, the two major investment banks are not satisfied.

However, after several days of negotiation, Simon Westeros obviously had no intention of giving in this regard.

In addition, the differences between the two sides are not only here.

The 10% shares sold by Igrit Company are still Class A shares with only one-tenth of the voting rights. After obtaining this batch of shares, the two investment banks not only can only obtain one-tenth of the voting rights of Igrit Company, but also have no board seats.

In other words, after investing a huge amount of $1.5 billion, the two investment banks still have no say in Igrit.

This is also something that Goldman Sachs and Morgan Stanley, who have always been strong, cannot tolerate.

Simon did not make concessions to the dual equity structure, but after negotiations, Simon also agreed that after Igrit's IPO, Goldman Sachs and Morgan Stanley will each win a board seat.

Before this, because Igret was still a completely private company, there was no board of directors for the time being.

After several discussions, the two sides barely reached an agreement on this.

Then there was another problem with the $1.5 billion fund itself.

For this money, the initial plan provided by Egret Company was transferred to Egret Company's account as financing for Egret Company, and the other one billion US dollars was owned by Westeros, which was considered as the sale proceeds of 10% of the equity.

After all, this equity transfer is actually quite accurate if Westeros sold 10% of Igrit's shares.

Of course, Goldman Sachs and Morgan Stanley would not agree.

Although $500 million is already a lot of money, for Egret, if it were like the previous year, it might have burned all of it in a year.

Once funds are short, another financing must be carried out. At that time, whether it is equity financing or bond financing, the costs will be spread to Goldman Sachs and Morgan Stanley, who have become shareholders of Igrit.

The best solution in the eyes of Goldman Sachs and Morgan Stanley is of course the $1.5 billion is all included in the Igrit Company account.

However, for the two investment banks, Westeros’ plan is reasonable.

One and a half billion US dollars are a considerable amount of money after all.

If it were the two investment banks themselves, of course they would not be willing to spend all the money on Igrit.

In fact, the executives of Goldman Sachs and Morgan were wrong this time.

Simon did not intend to get a piece of the pie directly from this huge amount of money, and the reason why he proposed this allocation plan was just a bargaining chip.

The Westeros system is not short of money.

This is one point.

On the other hand, if the billion dollar is included in the Westeros account as the proceeds of the sale of stocks, capital gains tax is required.

At the federal tax rate at this time, one billion dollars is required to contribute 280 million dollars to the IRS.

Simon has no intention of paying taxes to good citizens.

In comparison, if he really needs additional funds, he is more inclined to obtain loans from the bank.

The more you reach the top of this social pyramid, the more you can understand that you can spend other people's money to do your own business as much as possible.

The $1.5 billion this time is actually a bit too much for Igrit. Igrit itself has enough revenue scale to provide itself with a steady stream of funds. Simon has no intention of increasing Igrit's money-burning efforts. On the contrary, after this financing, he will further strengthen financial supervision of Igrit to avoid wanton squandering.

In this way, just this $1.5 billion is enough for Igrit to take three to five years.

Considering the IPO in 1995, Igret's cash reserves will be even richer by then.

It is actually not a good thing to spend too much money as soon as possible.

Fortunately, Egret already has its own venture capital department, Simon's plan. After completing this financing, Egret will also significantly increase its foreign investment while developing itself, making itself one of the important venture capital funds in Silicon Valley.

Malibu, Daenerys Cinema.

It is Tuesday, April 6th.

In the morning, I spent two hours with the Pixar team on the second floor of the Cinema, mainly watching the sample films of "The Lion King". The production of this Pixar's second 3D animation film has completed 80% of the progress. However, due to the cumbersome production process of animated films, it will be until August that the film's schedule is the end of the year, and August is not too late.

At noon, I took my female assistant back to Du Meijia Manor for dinner.

After lunch, the female assistant's day's work was basically over and was left by Janet. The two women planned to go shopping together. Simon returned to the cinema and A took over Jennifer's job.

"Boss, this is the memorandum of the meeting between Vice President Gore and executives of major telecommunications companies just came from Washington this morning."

The Information Highway Plan will certainly not pass only one bill, but also require tangible measures from the federal government.

Simon already knew in advance that Vice President Gore and the heads of major telecommunications companies' meeting today are mainly to discuss the matter of telecommunications companies increasing investment in the Internet industry infrastructure.

The heads of Verizon Telecom and American Online, Westeros System, attended the meeting.

The 20-year investment of the Information Highway Plan is actually very small, but this year, the federal finance allocated only $650 million in the Information Highway Plan.

Most investments are still under the leadership of relevant federal information industry policies and private capital is responsible for investment.

Four hundred billion US dollars in 20 years seems very huge, but as long as it is profitable, the capital that pours into this industry is actually far more than that.

In Simon's memory, two thousand years ago, when the Internet bubble was at its most turbulent period, more than US$70 billion was invested in the new technology field in one year, which is not the greater capital for hyping technology stocks outside.

This time, American Online has proved in advance that the ISP industry has great potential. Even without the guidance of the federal government, major telecom giants will strengthen their investment in new technology fields.

At today's meeting, what Simon is most concerned about is the tax incentive plan launched by the White House for the new technology field.

Turning on the memo in his hand, Simon asked another thing: "How is the negotiations in New York?"

Alison shook his head: "No new news has come."

There is no new news, there is no progress.

Simon was not in a hurry.

If Goldman Sachs and Morgan Stanley insist on refusing to compromise, he is not without other options, after all, this deal is a typical seller's market.

At worst, 10% of the shares were sold to one of them.

Or choose another investment bank.

These days, as the Igrit Company becomes more and more dazzling, the troubles actually increase.

In a recent report, Egret Company suffered 11 litigation disputes in terms of copyright, patent, monopoly, etc.

The largest of them came from a comprehensive lawsuit under the Hurst Group, claiming $100 million on the grounds that Igrit Company misappropriated a large number of news, pictures and other content under Hurst.

Traditional media have obviously felt the threat of Internet media once again.

Regarding this infringement lawsuit, it is actually basically content uploaded by users, and there are even obvious traces of human manipulation.

However, Egret Company had a plan for this situation.

Although the Internet Safe Haven Act is still lobbying, the user terms of Igrit Company also have corresponding provisions. As long as the copyright holder confirms that the content is infringed, he can contact Igrit Company to actively delete it.
To be continued...