Simon has actually started to set up venture capital funds through various channels to grab the Chinese Internet industry. Hearing Chen Qing's words, he just nodded.

Not putting eggs in a basket is Simon's consistent rule.

The venture capital funds that have been established are under the names of Westeros, Egret, Cersei Capital, etc., and there is not much more platform for Chen Qing.

Chen Qing also knew this very well.

Speaking of which, the industries Chen Qing and Lin Su are responsible for only a small part of Simon's layout in China, perhaps less than one-tenth. In the final analysis, for Simon, they still have more lover identities than assistants. This man has no intention of restricting them, but he obviously does not have too much expectations.

This is not what Chen Qing wants.

However, Chen Qing knew even more that if she wanted to break through this boundary, she had to make real achievements.

Skip this topic and Chen Qing talked to Simon about the increasingly booming VCD industry across the ocean.

According to the latest statistics, as of last week, the cumulative shipment of this emerging electronic product has reached 5.23 million units since the beginning of the year. It is expected that the overall shipment volume in the first half of 1996 is expected to exceed 6 million units. Compared with the conservative forecast of 10 million units at the beginning of the year, the total shipment volume of VCD may reach around 15 million in 1996.

As the only supplier of VCD video decoding chips, even in order to promote the popularization of VCD prices and sniping potential competitors, each VCD video decoding chip in Scooper maintains a high net profit of about US$15. Coupled with revenue from VCD solutions and other components, Scooper's net profit in 1996 is expected to reach US$300 million.

This expected net profit figure is higher than Scooper's annual revenue in 1995.

The most amazing thing is Scooper's market value.

Due to the sudden sudden outbreak of the VCD industry, the inconspicuous video chip development company, which had a market value of only over US$100 million last year, has reached US$16.3 billion in the Nasdaq market. According to the quarterly financial report of the previous quarter that has been released, the price-to-earnings ratio has reached an astonishing 81 times.

This actually proves once again how crazy the new technology industry is now.

Last year, the Westeros system acquired more than half of Scooper's shares, spending a total of US$94 million. Now, the Westeros system directly holds 47.70%, Chen Qing and Lin Su each have 2.65%, which together totals 53%. In just over a year, the book value of this part of the stocks invested has increased to US$8.639 billion, with a value increase of 91 times.

Not to mention the book income Simon has obtained because of this, Chen Qing and Lin Su, the stocks in their respective hands are worth more than US$400 million.

Such a net worth has reached the entry threshold for Forbes' 400 Rich Rich List.

With the continued rise of Scooper's stock, and the two women have become American nationality, as long as they are willing, they will enter the Forbes US 400 Rich List in the second half of the year, without any suspense. In just over a year, only the Westeros system has this crazy wealth-making ability.

Chen Qing hurried in Simon's arms, chatting about related topics. Thinking of this, even though she had the greatest courage and ambition, she did not expect that she could reach this level in such a short period of time: "400 million US dollars, boss, I don't know how to spend it."

At this stage, there are very few rich people in China, not to mention US$400 million, not to mention US$400 million.

Simon felt the warm fragrance of the nephrite in his arms and laughed and joked: "Don't be so unpromising. In addition, I remember that you pledged this batch of equity. This matter should have been handled, be careful to backfire."

Chen Qing nodded: "Of course, I am still glad that I just pledged it and did not cash out, otherwise I should have cried now."

Last year, in order to subscribe to Igret's stock, Chen Qing pledged the Scope's stock in her hands for US$20 million. After Igret's listing, the stock price rose sharply, which made Chen Qing make a big profit. However, the increase in Scope's stock price became even more crazy. In order to avoid the long and long nights, Chen Qing quickly sold part of the Igret's stock to repay the debt and redeem his own Scope's stock.

Looking at it now, Igret's market value has only tripled since it was listed last year, but Scober has soared more than ten times in the same period of time.

Chen Qing is really glad that she did not cash out last year.

You know, she really had this idea at that time. After all, Scope's stock has increased by more than five times in just half a year, and in her opinion, it is already in a very high position. What's more, her boss is not optimistic about Scope's prospects, and everyone is more optimistic about Igrit's future.

Igrit rose from the $100 billion IPO level to the current $300 billion, because of its physical volume, the growth rate is also terrifying.

But it's not as crazy as Scouber after all.

After all, Scooper is small enough. In addition to its own performance and the halo of Westeros concept stocks, it also facilitates the capital market to speculate.

Fortunately, I met Bill Spurt of the first Boston, which is Grace Spurt's husband, and the other party introduced her pledge channels without cashing out.

This also once again demonstrates the importance of connections.

Because of this, even though his wings are already a little hard, Chen Qing has no idea of ​​leaving the man around her.

After leaving, maybe she will never spend all her assets in her life, but at the same time she has lost many ladders to climb further, which is actually the most ideal result. Even without Simon's support, Chen Qing felt that she might become a child who was walking through the downtown city with gold nuggets, which would inevitably attract a lot of covetousness.

This world is far less peaceful than ordinary people imagine, especially at the top of the pyramid. The more you go up, the more dangerous the storm is.

The VCD industry explosion also began in 1996, reaching the sales level of tens of millions in 1997. Influenced by Simon, the big butterfly, some things were obviously ahead of schedule. However, stimulated by the outbreak of the VCD industry and overseas corporate giants who were still quarrel over DVD standards and potential copyright disputes, also put down their prejudices and began to reach an agreement, and the promotion of DVDs was also greatly advanced.

Therefore, the rapid growth and rapid decline of the VCD industry is almost inevitable.

Simon thought so and said to Chen Qing: "Also, don't forget what I said to you at the beginning. Now I can transform or cash out Scooper. My goal is too big, so I can only take my time. Your and Lin Su's shares are below 5%, and they are subject to relatively small restrictions. It is best to clear the position as soon as possible. Don't think about waiting for the stock price to be higher. The end of greed is usually not very good."

Chen Qing nodded obediently and said, "At the end of the year, Scooper's DVD decoding chips can also start shipping. Since the boss said that DVD is the future, even if VCDs in Asia decline rapidly, we can continue to occupy a certain share in the DVD industry, so that Scooper's performance can continue to support Scooper's performance. In addition, boss, although as a major shareholder, you cannot cash out too much directly, with Scooper's high market value at this time, we can completely use Scooper's stock as banknotes to initiate acquisitions, right?"

When Simon heard Chen Qing say this, he was a little stunned, and then smiled admiringly: "It seems that you have not relaxed your homework on Wall Street."

The most classic case of using high-value stocks as "money" is the acquisition of Time Warner by Simon's memory at the peak of the new technology bubble in the United States Online.

After the completion of this transaction, the new technology bubble burst, and the value of AOL quickly shrank by as much as 90%. This is the real value of AOL. Without this merger and acquisition, the value of AOL's stocks in its hands after the bursting of AOL's bubble will shrank by 90%. Even if the situation deteriorates, it will be worthless.

In comparison, although Time Warner's stock price in the process of the new technology bubble is also high, it has a real large amount of media assets, and its value is relatively high. When American Online and Time Warner merged at a ratio of 55 to 45, it is actually equivalent to American Online shareholders who actually have only one-tenth of the value in their hands to exchange Time Warner stocks with a full value.

Image metaphor, American Online shareholders are equivalent to converting silver whose value is seriously overestimated to equivalent to gold into half silver and half gold. When the price of bubbled silver falls to normal levels, the remaining half of the gold is real.

Similarly, the amount of gold in the hands of the former Time Warner shareholders turned into half of gold and half of silver, which was equivalent to directly evaporating more than half of the value.

The current market value of Scooper is not entirely a bubble. After all, the annual net profit of US$300 million is a foregone conclusion, but the prospects of the VCD industry are destined to be the company's high market value.

In this case, Simon, as the major shareholder, is unlikely to cash out too much in the short term. Using Scooper's shell to initiate an acquisition is undoubtedly the best solution. Now, if you choose the right goal, it is equivalent to using actual silver to exchange for the same weight of gold.

When the tide of the VCD industry fades, another gold mine may be left behind in the Westeros system.

If you think about it carefully, this matter is very operational. After all, there are not many people who can accurately see the future of the VCD industry. Simon knows that the prosperity of the VCD industry has only been two or three years. Others may not think so when they see the explosion of the VCD industry.

The question now is which target to choose?

I held the warm fragrance of nephrite in my arms and discussed for a while, but there was no result for a while.

The VCD industry in Asia can maintain its heyday for at least two years, so it is not urgent to do this, so it turns to talk about other things.

It was late at night before I knew it.

Occasionally, he grabbed the man's arm and looked at the Patek Philippe watch. He found that it was already more than ten o'clock. Chen Qing slid out of Simon's arms with a charming face, knelt on the carpet at the man's feet, looked up at Simon, who had a happy expression, and reached over with his little hand.

But it was blocked.

Simon held up the woman's delicate chin and stretched out an index finger to draw Chen Qing's forehead a few times.

Chen Qing blinked her eyes and reacted.

This is the word "forbidden".

Come again.

Without giving up, he put his hands on the man's knees. Chen Qing continued to look up at Simon in a very stimulating man's senses: "Boss, it's actually not that good to be so restrained occasionally, isn't it?"

Simon just pushed the girl: "I'm not a big deal, now, go to the coffee table."

Chen Qing insisted for a while, and seeing that there was no effect, she moved her body obediently to climb to the coffee table behind her, and then found another question: "Boss, am I the only one?"

Simon raised his legs and waited for the performance to watch, and said with a smile: "I didn't bully you tonight, you can only bully yourself."

Chen Qing didn't say anything anymore, but her expression quickly became resentful, and she gently bit her red lips and began to change her posture.

The next day is Saturday.

Simon got up early as usual. Chen Qing, who was very hard-working to perform alone last night, was lazy and stayed alone until Simon rushed to Manhattan after breakfast. She didn't get up. She was busy in Manhattan for a busy morning. Simon took a helicopter to East Hampton, Long Island, and had lunch with a mother and daughter whom she kept here.

Choose to rest in the afternoon.

Instead of going to the nearby Chinese Style Art Troupe, I sat under the eaves of the villa's backyard to read the script. One of them aroused Simon's interest, called "Extreme Cold", written by Stephen Somos, director of "Mummy".

Of course I know this project.

This is a typical failure case for Disney in the late 1990s, with an investment of $45 million and a local box office of only $10 million.

Looking back carefully, in the past history, Disney experienced a series of turmoil such as Jeffrey Carsonberg's departure and Michael Orwitz's expulsion in the late 1990s, but in fact it was seriously injured. Although it successfully merged with the Metropolitan ABC Group, Michael Eisner still had great power, but it was far less dazzling than the early 1990s.

It can be said that from 1995 to 2005, it was almost a decade that Disney lost. During this period, the only thing Disney could do was Pixar's 3D animation.

However, Pixar does not belong to Disney.

Because of his dependence on Pixar, the 3D animation film company continued to grow, further eroded Disney's own resources, and even had a super big misunderstanding. Regarding "The Sixth Sense of the Supernatural", this phenomenon-level horror film, although the cost of the participation of Bruce Willis, reached US$40 million, but the global box office was 670 million.

For outsiders, Disney will definitely make a big profit with such investment returns.

In fact, this is not the case.

Because of the continued sluggish performance of the film, Disney has no confidence in this new horror film directed by the new director. With the joining of Bruce Willis, the cost of $40 million made Disney more cautious. As a result, it made a fool of itself and sold "The Sixth Sense" in advance to a single production company. Disney itself only retains the distribution rights.

The result can be imagined.

Disney finally earned a distribution fee from the huge box office revenue of "The Sixth Sense". Disney also had to drink soup for subsequent videotapes and TV broadcasts.

Thinking of this, Simon couldn't help but reflect on himself and reflect.

Daenerys Entertainment is at its peak now, but it has not reached the point where Simon can rest assured.

When a company is too large, all kinds of problems will inevitably come one after another.

As more and more things were happening, Simon gradually began to hope to let go of Daenerys Entertainment as much as possible, but he also knew that once he let go, this huge media and entertainment empire would likely fall into the situation of internal friction like Time Warner after Steve Rose's death a few years ago. Only when Simon himself maintained strong control over the company can the company's corporate structure be firmly condensed together.
Chapter completed!