Back To 1995

   Chapter 192 Wrestling

The New York tabloid media and reporters should be the most numerous in the world. These tabloid media reporters are almost omnipresent, from celebrities and secretaries to the news of people biting dogs. Every day, New York, the largest city in America, is full of entertainment and anecdotes. from their hands.

   And when the villa estate on the North Shore of Long Island was sold, and the mansion for 20 million dollars was sold, it was naturally impossible to bypass the New York tabloid media.

   "America's upstart spends 20 million dollars to buy a Long Island mansion!"

   "Silicon Valley geniuses come to the Big Apple!"

   "Reveal, how much is Bruno Song worth?"

   That night, the tabloids in New York, overwhelming, almost all reported the news of Song Yang's purchase of the North Shore Manor on Long Island, and then major TV stations in New York and America also began to report.

The Internet rich are still only the upstarts in America, and have not become the mainstream. The rich in America are still dominated by the old money from traditional industries such as oil, banking, and real estate. At this time, as the Internet upstarts represented by Silicon Valley, Naturally it is highly regarded.

In the past few years, the Internet rich have not spent a lot of money in the famous scenes. The most famous scene is that Jim Clark built a luxury sailing yacht. Rendering is a precursor to the start of buying, buying and buying for Internet upstarts!

   What caught the attention of the media was how much Song Yang was worth. You must know that even those old white money people would not be able to buy a mansion with 20 million dollars in cash.

However, Song Yang bought it directly. You must know that Double-click has not yet been listed, and it is impossible to cash out. There is speculation that this is the money for selling Hotmail mailboxes. After all, the big dog Microsoft has spent several hundred million dollars for Hotmail mailboxes. The real gold and silver of the knife.

However, more media still speculate on another rumor, that is, Song Yang really made a lot of money by relying on America Telecom. There have been rumors before that before the reorganization of America Telecom, Song Yang and several other investors almost Hollowed out America Telecom, but all parties in America Telecom kept silent, making it difficult for the outside world to explore the truth.

   This time, Song Yang bought a mansion, which once again made the media start to be interested in this matter. In addition, the most interesting thing is that Song Yang, who has been out for less than two years, is now worth what, which is speculated by countless people.

Forbes, Bloomberg Rich List, and Fujiby Rich List, which specialize in statistics on America's richest list, have not responded to this. In fact, they are also collecting Song Yang's net worth data. The key is that Song Yang's net worth has soared too quickly. Speed, many statistical agencies have actually started to count Song Yang's worth, but just after the statistics were finished, Song Yang's worth soared again before it could be released!

Some media conservatively estimate that Song Yang's net worth is definitely more than one billion dollars, while the Hollywood magazine "Vanity Fair" directly gave a speculation of two billion dollars, but whether it is one billion or two billion, Song Yang is worth more than one billion dollars. They are all self-made, and they are the fastest-growing figures in the younger generation of Amelica, which attracts melon eaters to become very interested in Song Yang's worth.

Bob Iger, who just returned home from the ABC Group, turned on the TV and saw the entertainment channel of ABC TV. The hostess was introducing the North Shore Manor on Long Island to the audience, telling the audience the previous owners of this manor, All are famous people.

When it comes to Song Yang, Iger can even see the excited look of the hostess under his own company, and even said that no Hollywood actress can refuse Song Yang's offer in the mansion on the north shore of Long Island. invite!

  Iger didn't look at the hostess, and when he mentioned Song Yang's shining eyes, he knew that not to mention this little host, even those celebrities in New York could not refuse this upstart from America.

   He couldn't help thinking of the invitation he had received. Today, when Iger was busy at the ABC Group, the manager of the headhunting company suddenly called him. After meeting with Iger, he proposed that Song Yang wanted to see him.

When Iger heard this invitation, he was a little surprised, but he also had some guesses. Although he also felt that his guesses were a bit ridiculous, America Telecom was choosing a leader, the leader of a new telecom giant with a valuation of tens of billions of dollars. doorman.

It is impossible to say that there is no idea, but Iger just flashed this idea in his mind for a moment. There are so many best professional managers on Wall Street, how could American Telecom choose him? It is nothing in ABC Group. famous person.

What's more, the founder of America Telecom is a new generation of geniuses recognized in Silicon Valley. Combined with Song Yang's age, Iger believes that the leader of America Telecom must be a talented person, or someone in Aramco. Riga has a great reputation as the person.

   On the TV, the hostess was still counting down Song Yang's deeds since his debut. Iger hesitated for a moment, but decided to go to meet Song Yang tomorrow.

  Also in New York, less than 500 meters from Bear Stearns Investment Bank, there were people in the building with the iconic KKR logo, and they were watching the news about Song Yang at this time.

   "Oh, it seems that the rumor is true, our new customer did get the $2 billion!"

  Roberts, one of the three founders of KKR, raised his glass and said to Kravis with a smile.

  KKR Group is currently a two-person transfer, led by Kravis and Roberts. The other founder, also their mentor Kohlberg, quit the KKR Group a few years ago.

Sitting in the office is Kravis from the Hollywood movie "The Barbarian at the Door". His hawk-nosed eyes and eyebrows are met with cold eyes. Just by looking at Kravis for the first time, you can understand that this is a difficult character, and he was swept away by KKR. The 51 companies acquired, merged or invested by the group are enough to prove what kind of person Kravis is.

   "Isn't this exactly the collaborator that KKR Group needs?!" Kravis pointed to Song Yang on the TV and said to Roberts.

   The latter nodded when he heard Kravis' words, and then said to Kravis, "However, some investors in the KKR Group are not very satisfied with the decision to transform!"

   Hearing this, Kravis' face turned cold, and he just said coldly, "We established the KKR Group, and it's not their turn to teach us how to do things!"

For the leverage master Kravis, the biggest problem now is not the opponent, but from the inside. Having tasted the huge profits brought by mergers and acquisitions and buying and selling companies, the investors of KKR Group are not very concerned about the transformation of KKR Group. support.

   This is the same as the original business without capital, which is all based on robbing, and what you get is what you earn, but now you have to rely on stalls and slowly earn that hard money. It’s weird to be satisfied.

But Kravis and the KKR Group also have a hard time saying that how crazy they were in the past few years, how uncomfortable they are now, thanks to the masterpieces of their leveraged masters, and now the regulators in America are constantly improving the loopholes, it turned out to be almost The cost of leveraged financing without capital is also rising sharply. Listed companies have even invented anti-takeover measures such as poison pill plans. It is too difficult to acquire a company without any effort like ten years ago.

Now Kravis wants to lead the transformation of KKR Group, like providing consulting business for America Telecom, that is, to help America Telecom acquire other companies, provide funds and opinions, then collect consulting fees and handling fees, and help America Telecom to finance and go public in the future , charge underwriting fees, etc.

Kravis didn't want to let KKR Group compete with investment banks such as Goldman Sachs and Morgan, but what happened? Kravis, a generational master of Wall Street, didn't want to see the KKR Group that he built with his own hands decline. He still wanted to compete with Buffett's Berke Hill called out.

   "Go to meet the upstart in America tomorrow, KKR Group needs America Telecom!"

Kravis told Roberts that the KKR Group is preparing to use America Telecom as a transformation work. If it can support America Telecom, then America Telecom will become a business card of the KKR Group, which can open up the road of transformation and attract more attention. Other more companies, cooperate with KKR.

  In the New York office building of American Telecom, Song Yang, Greck and Marcus were in it, listening to the conference call from Houston and San Jose.

  Song Yang is on the New York side. He can double-click the company and ICQ's business, and it is impossible to let go. Whitman is holding a conference call on Song Yang's side.

"Double-click's listing roadshow is currently underway, and I will soon go to join the roadshow team, but judging from the results of the current publicity from Goldman Sachs, Deutsche Bank, and Merrill Lynch, it is subject to the Trade Commission's implementation of the Internet Advertising Act, The impact of the false advertising prosecution of Double-click Company, the underwriting of Double-click's stock, is not as hot as the stocks of companies such as Yahoo that are about to go public!"

The Internet Advertising Act, suspected monopoly, false advertising, etc., have an almost visible impact on Double-click. Investors are also concerned about Double-click's stock. Even if Double-click announces that it is lower than the issue price, it will initiate a repurchase, which can be issued by Double-click. The stock of Yahoo is still not as popular as the stock sold before Yahoo, and Yahoo's stock was almost sold out at that time.

"In addition, in Massachusetts, there is a class action against Double-click, which is behind a class action lawsuit initiated by a private investigation company against Double-click. On Wall Street, it is still recommended that Double-click can follow up with the Internet Department of the Trade Commission. , start reconciliation negotiations..." Whitman said tentatively to Song Yang.

   Obviously, I don’t know where this came from. The class action lawsuit against Double-click Company is definitely behind Ella Cherry’s fuel, which is to make Double-click Company have no time to worry about.

Reconciliation now is to admit defeat to the Trade Commission and accept the harsh conditions proposed by Ella Cherry, so as not to split the double-click, but a large fine must be paid, and it is equivalent to handing over the handle to Egypt La Cherry, if there's nothing wrong, why reconcile and admit defeat? !

   As long as there is this time, when Ella Cherry wants to deal with the double-click company in the future, she can take it out and attack the double-click company at any time!

   "Double-click does not accept the settlement, and will not admit defeat to unreasonable lawsuits. If the price is the failure of Double-click to go public, then I am willing to accept it!"

   (end of this chapter)