Chapter 796： Business affairs
Before July, Ronan went to San Francisco again. Netflix passed a series of audits and reached a final agreement with Nasdaq. It will be listed on the next day in mid-to-late July.
Currently, Robert Iger and Mark Randolph are concentrating on this aspect.
It is expected that the single share price will not be less than US$120.
Ronan also raised the bottom line of financing to no less than US$5 billion based on the actual situation.
In order to cooperate with the listing and increase the stock price, Netflix will have a series of plans including the launch of new streaming media dramas.
The second day Ronan came to Los Angeles, Tom Cruise also rushed over. The two sides will cooperate closely next month and need to communicate directly.
"How likely is it that there will be an unexpected listing?"
In the office, Ronan asked Robert Iger: "This is related to a series of plans for our future."
Robert Iger said: "Our roadshow was very successful, and Netflix is also unanimously optimistic about the outside world. Many investment institutions have clearly expressed their investment intentions. Among them are pension funds, life insurance funds, property insurance funds, mutual funds, trust funds. , Hedge funds, commercial bank trust departments, investment banks, university foundations, as well as the securities investment departments of some large companies and individual investors, with their support, even if someone wants to secretly suppress Netflix, we can survive. "
Ronan nodded slightly, and cooperating with Goldman Sachs, despite the high price, can make the listing process much smoother.
Robert Iger continued: "These institutions and companies, with the securities market as their main business activity area, operate relatively standardized and are familiar with the securities market. They often participate in the issuance of new shares, and they have relatively accurate judgments on the investment value of different issuing companies. Because of institutional investment The quality of these institutions is relatively high, and it is relatively reliable to use the quotations of these institutional investors as the main basis for pricing."
Ronan said: "In itself, our valuation is high enough."
"Yes." Robert Iger said with a smile: "Investors recognize and are optimistic about Netflix's development prospects and believe that this is a sunrise industry, so they have smoothly accepted Netflix's valuation during the market investigation stage."
Ronan suddenly said: "The valuation of not less than 40 billion U.S. dollars is somewhat beyond my expectations."
Robert Iger rarely disagrees: "My opinion is the opposite. This is exactly the true reflection of Netflix's value, and I even think that Netflix's valuation is a bit low."
As one of the direct persons in charge of operating Netflix’s listing from beginning to end, he seemed particularly confident: “When Google went public, its business was relatively single, and its market value was still rising. On the other hand, Netflix has at least three star businesses, which are integrated together. , A valuation of $40 billion, not much."
Ronan slowly said: "We are about to officially join the capital game."
Robert Iger took over: "Only by joining the capital game, we can then proceed with greater capital operations."
Ronan understood the meaning of the words, and said: "Since you entered the Relativity Entertainment, we have started planning. How much we can gain depends on the second half of this year."
Robert Iger said: "I understand." He reminded: "Disney's shareholder meeting will be held at the end of this year. It is very likely that Michael Eisner and Roy Disney will put their decisive battle at the shareholder meeting. Prepared."
Ronan smiled: "Disney's best to get messy."
The chaotic Walt Disney, or the chaos inside the Big Six companies, the more in line with the interests of Relativity Entertainment.
After Robert Iger left, Tom Cruise came over.
"How was the talk?" Ronan asked.
Tom Cruise said: "It went well overall. Netflix and I have the same charity goals."
Ronan reminded: "This charity foundation, do a good job of fund management. Tom, we don't want it to do anything, the only purpose is to invest in charity for people who are gradually freezing."
"Don't worry." Tom Cruise distinguished the importance: "I asked the foundation to hire PricewaterhouseCoopers as the third-party accounting supervisor."
He turned the topic to Netflix: "I have raised 45 million US dollars and plan to invest all of it in Netflix stock."
Ronan smiled and said, "I will never make you lose money."
Tom Cruise laughed: "I hope your Netflix will become a company with a market value of hundreds of billions."
"I think too." Ronan spread his hand out: "But this kind of thing is not something I can count on."
Too many Internet companies have reached this level.
is not an Internet company with a market value of over 100 billion. Just after the millennium, Yahoo’s market value rushed to 128 billion US dollars, becoming the world's first Internet company with a market value of over 100 billion.
Followed by the famous Nasdaq stock market crash, the entire Internet industry was hit hard.
But companies that survived the stock market crash, including Yahoo and Amazon, are all developing rapidly.
Although there are many conservative investors who still slander the Internet industry, no one can stop the rapid development of this industry.
The Internet does not necessarily represent the future, but it is a very important industry in the future.
Ronan has always been aware of this, and he also knows that the Internet industry wants to grow bigger, it urgently needs funds and needs a wider promotion platform, so he chose the route of listing.
Out of trust in Ronan, not only Tom Cruise, but Will Smith also raised 30 million US dollars, preparing to wait for Netflix's listing next month.
The two people invested in Manchester United and quickly realized asset appreciation. Their confidence in Ronan was stronger than Ronan himself.
Regarding the Manchester United club, Mansour contacted Ronan again afterwards. Halfway through the season gap, he wanted to know how Ronan was thinking.
Now selling Manchester United has indeed benefited a lot, but Ronan believes that Manchester United will remain in his hands and will continue to appreciate in the future.
Ronan asked Tom Cruise and Will Smith for their opinions, and the two of them were completely based on him.
Although there is no clear answer to Mansour for the time being, Ronan's tendencies have become clearer.
Ronan specifically called Ferguson and said that he heard related rumors. It is said that Ferguson was about to retire and asked him whether it was true or false.
Ferguson's importance to Manchester United is self-evident.
Its role is far more than just coaching the team. Ferguson has a considerable deterrent to referees and the FA.
These are all established step by step over more than 20 years of time, and it is not possible to invite a famous teacher to come over.
There was once a coach who started N-game winning streak in the first season of the Premier League, and then said that the Premier League is nothing more than that. Many protective and invisible penalties for beautiful football not only disappeared immediately, and the referees later taught him how to be a man in minutes.
But in recent years, there have been very few penalties against Manchester United in the Premier League.
can even be described as rare.
This kind of intangible, unreal, but tangible thing is part of today's commercial football.
As long as Ferguson is in, Manchester United's results will be guaranteed, and the results are a very important part of commercial value.
Ferguson is not young anymore. When he had conflicts with the two former Irish horse racing tycoons at Manchester United, he also considered retirement.
But this season, Manchester United shines brightly, and the club is back on track. Even if Ronan, the new boss, has stricter supervision of the club’s operations, he has given him great trust as the head coach and brought a lot of infinite future. Broad new players.
The so-called retirement idea has long been thrown into the garbage by Ferguson.
Ferguson made it clear to Ronan that he would not consider retirement-related matters in the next five or six years as long as his body does not show up.
Manchester United has Ferguson, which is a guarantee of stability and will continue to appreciate.
Ronan's preference for choice is self-evident.
In addition, there is another point that also affected Ronan's related considerations.
The contact between Manchester United and Barcelona and Leo Messi’s father has given initial feedback.
After Manchester United tentatively proposed 50 million euros to package the three players of Xavi, Iniesta and Messi, Barcelona rejected the offer of Manchester United and solemnly declared that these three players are not for sale!
At the football transfer, some clubs suggested that XX is not for sale, but it is not that they will not sell, but that they have other considerations.
Barcelona’s current core is Deco, and the top star is Ronaldinho. The latter seems to be far from reaching the peak, and there is no decline at all.
Xavi, Iniesta and Messi are very important to Barcelona But in addition to Xavi-, in the private contact between Manchester United and Barcelona, Barcelona did not bite so tightly.
Manchester United also had private contact with Messi’s father and Iniesta’s agent. The two players have certain doubts about Manchester United. After all, the styles of the Premier League and La Liga are very different.
But the price offered by Manchester United is very tempting.
Especially Leo Messi's father, Manchester United's favorable conditions, has already moved him.
Money is not a panacea, but in most things, it can be called a master key.
Specific discussions are still going on, Ronan also expressed his concern and asked Manchester United to make Leo Messi the number one goal.
Imagine that there are letters Luo on the left and Messi on the right. How beautiful should this picture be?
Of course, it is also possible that the two will be incompatible. It does not matter. The key point of removing the Universe team in advance will also help Manchester United become a phenomenal European football team in the next few years.
After all, Ronan is a businessman after all, and the first consideration is the club value.
Just as Relativity Entertainment never puts the commercial value of the film on the quality of the film, the commercial football league is not solved by the game alone.
"Pirates of the Caribbean 2" is about to be released during the Independence Day holiday, but before that, Ronan specifically found George Martin to talk.
Currently, Robert Iger and Mark Randolph are concentrating on this aspect.
It is expected that the single share price will not be less than US$120.
Ronan also raised the bottom line of financing to no less than US$5 billion based on the actual situation.
In order to cooperate with the listing and increase the stock price, Netflix will have a series of plans including the launch of new streaming media dramas.
The second day Ronan came to Los Angeles, Tom Cruise also rushed over. The two sides will cooperate closely next month and need to communicate directly.
"How likely is it that there will be an unexpected listing?"
In the office, Ronan asked Robert Iger: "This is related to a series of plans for our future."
Robert Iger said: "Our roadshow was very successful, and Netflix is also unanimously optimistic about the outside world. Many investment institutions have clearly expressed their investment intentions. Among them are pension funds, life insurance funds, property insurance funds, mutual funds, trust funds. , Hedge funds, commercial bank trust departments, investment banks, university foundations, as well as the securities investment departments of some large companies and individual investors, with their support, even if someone wants to secretly suppress Netflix, we can survive. "
Ronan nodded slightly, and cooperating with Goldman Sachs, despite the high price, can make the listing process much smoother.
Robert Iger continued: "These institutions and companies, with the securities market as their main business activity area, operate relatively standardized and are familiar with the securities market. They often participate in the issuance of new shares, and they have relatively accurate judgments on the investment value of different issuing companies. Because of institutional investment The quality of these institutions is relatively high, and it is relatively reliable to use the quotations of these institutional investors as the main basis for pricing."
Ronan said: "In itself, our valuation is high enough."
"Yes." Robert Iger said with a smile: "Investors recognize and are optimistic about Netflix's development prospects and believe that this is a sunrise industry, so they have smoothly accepted Netflix's valuation during the market investigation stage."
Ronan suddenly said: "The valuation of not less than 40 billion U.S. dollars is somewhat beyond my expectations."
Robert Iger rarely disagrees: "My opinion is the opposite. This is exactly the true reflection of Netflix's value, and I even think that Netflix's valuation is a bit low."
As one of the direct persons in charge of operating Netflix’s listing from beginning to end, he seemed particularly confident: “When Google went public, its business was relatively single, and its market value was still rising. On the other hand, Netflix has at least three star businesses, which are integrated together. , A valuation of $40 billion, not much."
Ronan slowly said: "We are about to officially join the capital game."
Robert Iger took over: "Only by joining the capital game, we can then proceed with greater capital operations."
Ronan understood the meaning of the words, and said: "Since you entered the Relativity Entertainment, we have started planning. How much we can gain depends on the second half of this year."
Robert Iger said: "I understand." He reminded: "Disney's shareholder meeting will be held at the end of this year. It is very likely that Michael Eisner and Roy Disney will put their decisive battle at the shareholder meeting. Prepared."
Ronan smiled: "Disney's best to get messy."
The chaotic Walt Disney, or the chaos inside the Big Six companies, the more in line with the interests of Relativity Entertainment.
After Robert Iger left, Tom Cruise came over.
"How was the talk?" Ronan asked.
Tom Cruise said: "It went well overall. Netflix and I have the same charity goals."
Ronan reminded: "This charity foundation, do a good job of fund management. Tom, we don't want it to do anything, the only purpose is to invest in charity for people who are gradually freezing."
"Don't worry." Tom Cruise distinguished the importance: "I asked the foundation to hire PricewaterhouseCoopers as the third-party accounting supervisor."
He turned the topic to Netflix: "I have raised 45 million US dollars and plan to invest all of it in Netflix stock."
Ronan smiled and said, "I will never make you lose money."
Tom Cruise laughed: "I hope your Netflix will become a company with a market value of hundreds of billions."
"I think too." Ronan spread his hand out: "But this kind of thing is not something I can count on."
Too many Internet companies have reached this level.
is not an Internet company with a market value of over 100 billion. Just after the millennium, Yahoo’s market value rushed to 128 billion US dollars, becoming the world's first Internet company with a market value of over 100 billion.
Followed by the famous Nasdaq stock market crash, the entire Internet industry was hit hard.
But companies that survived the stock market crash, including Yahoo and Amazon, are all developing rapidly.
Although there are many conservative investors who still slander the Internet industry, no one can stop the rapid development of this industry.
The Internet does not necessarily represent the future, but it is a very important industry in the future.
Ronan has always been aware of this, and he also knows that the Internet industry wants to grow bigger, it urgently needs funds and needs a wider promotion platform, so he chose the route of listing.
Out of trust in Ronan, not only Tom Cruise, but Will Smith also raised 30 million US dollars, preparing to wait for Netflix's listing next month.
The two people invested in Manchester United and quickly realized asset appreciation. Their confidence in Ronan was stronger than Ronan himself.
Regarding the Manchester United club, Mansour contacted Ronan again afterwards. Halfway through the season gap, he wanted to know how Ronan was thinking.
Now selling Manchester United has indeed benefited a lot, but Ronan believes that Manchester United will remain in his hands and will continue to appreciate in the future.
Ronan asked Tom Cruise and Will Smith for their opinions, and the two of them were completely based on him.
Although there is no clear answer to Mansour for the time being, Ronan's tendencies have become clearer.
Ronan specifically called Ferguson and said that he heard related rumors. It is said that Ferguson was about to retire and asked him whether it was true or false.
Ferguson's importance to Manchester United is self-evident.
Its role is far more than just coaching the team. Ferguson has a considerable deterrent to referees and the FA.
These are all established step by step over more than 20 years of time, and it is not possible to invite a famous teacher to come over.
There was once a coach who started N-game winning streak in the first season of the Premier League, and then said that the Premier League is nothing more than that. Many protective and invisible penalties for beautiful football not only disappeared immediately, and the referees later taught him how to be a man in minutes.
But in recent years, there have been very few penalties against Manchester United in the Premier League.
can even be described as rare.
This kind of intangible, unreal, but tangible thing is part of today's commercial football.
As long as Ferguson is in, Manchester United's results will be guaranteed, and the results are a very important part of commercial value.
Ferguson is not young anymore. When he had conflicts with the two former Irish horse racing tycoons at Manchester United, he also considered retirement.
But this season, Manchester United shines brightly, and the club is back on track. Even if Ronan, the new boss, has stricter supervision of the club’s operations, he has given him great trust as the head coach and brought a lot of infinite future. Broad new players.
The so-called retirement idea has long been thrown into the garbage by Ferguson.
Ferguson made it clear to Ronan that he would not consider retirement-related matters in the next five or six years as long as his body does not show up.
Manchester United has Ferguson, which is a guarantee of stability and will continue to appreciate.
Ronan's preference for choice is self-evident.
In addition, there is another point that also affected Ronan's related considerations.
The contact between Manchester United and Barcelona and Leo Messi’s father has given initial feedback.
After Manchester United tentatively proposed 50 million euros to package the three players of Xavi, Iniesta and Messi, Barcelona rejected the offer of Manchester United and solemnly declared that these three players are not for sale!
At the football transfer, some clubs suggested that XX is not for sale, but it is not that they will not sell, but that they have other considerations.
Barcelona’s current core is Deco, and the top star is Ronaldinho. The latter seems to be far from reaching the peak, and there is no decline at all.
Xavi, Iniesta and Messi are very important to Barcelona But in addition to Xavi-, in the private contact between Manchester United and Barcelona, Barcelona did not bite so tightly.
Manchester United also had private contact with Messi’s father and Iniesta’s agent. The two players have certain doubts about Manchester United. After all, the styles of the Premier League and La Liga are very different.
But the price offered by Manchester United is very tempting.
Especially Leo Messi's father, Manchester United's favorable conditions, has already moved him.
Money is not a panacea, but in most things, it can be called a master key.
Specific discussions are still going on, Ronan also expressed his concern and asked Manchester United to make Leo Messi the number one goal.
Imagine that there are letters Luo on the left and Messi on the right. How beautiful should this picture be?
Of course, it is also possible that the two will be incompatible. It does not matter. The key point of removing the Universe team in advance will also help Manchester United become a phenomenal European football team in the next few years.
After all, Ronan is a businessman after all, and the first consideration is the club value.
Just as Relativity Entertainment never puts the commercial value of the film on the quality of the film, the commercial football league is not solved by the game alone.
"Pirates of the Caribbean 2" is about to be released during the Independence Day holiday, but before that, Ronan specifically found George Martin to talk.
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