Over in China, Little Dog Dan, a nickname originated from Chen Qing that Lin Su initially hated and later gradually accepted because of some superstitions. The little guy's 3rd birthday falls on August 11th in the lunar calendar and September in the Gregorian calendar. 8th.
According to Western customs, little Simon Westeros’ public birthday is September 12th.
Coincidentally, this day happens to be the Mid-Autumn Festival in the Chinese lunar calendar.
We were unable to go over together this time. A certain woman on the other side of the ocean obviously had some thoughts and deliberately arranged a video call with Simon on this day, pretending to talk about it accidentally.
Very resentful.
Simon could only promise that he would get there when there was time, and also indicated that the mother and son could fly to the United States if they were free.
In addition, listening to the little guy across from me reciting Xin Qiji's "The Sapphire Case: Thousands of Flowers Blooming on an East Wind Night" by the little guy across from me in a childish voice, I felt emotional again. Before I knew it, my 14th child could already recite it.
Time.
It's also the week of a little guy's birthday. In North America, "Forbes" released the latest annual list of the 400 richest people in the United States. Simon Westeros, who everyone pays the most attention to and is the most insensitive to, still has a personal net worth of 3 trillion US dollars.
In fact, the time when "Forbes" released the rich list this time was also based on communication with this company.
The 2000 U.S. election has entered the second half. Not to mention the broad parliamentary level, the most watched presidential election, as the voting day approaches, the support rate of George W. Bush, who was clearly left behind before, is gradually catching up with Al Gore. , the two of them are inseparable.
Politicians use every possible means to elect politicians. It is conceivable that if the Forbes list is released later in October, it will inevitably become a topic of discussion in the sprint stage of the campaign, even if the corresponding topic is likely to be very beneficial to West. On George W. Bush's side, which the Luo system secretly supports, Simon still has no intention of being used as a target to grab votes.
Again, once a target is found to be too effective, politicians will inevitably become addicted.
Simon couldn't give these people any chance.
Last week, due to a communiqué after Pfizer completed the merger with Warner-Lambert, the Nasdaq index reached a new high, leading to the birth of Eagle, the first trillion-dollar market value company, and accompanied by Simon's latest 3 trillion Personal assets in U.S. dollars have already been subject to a wave of speculation.
Now, only a week later, the numbers are still the same, and the public response is relatively dull.
Speaking of which, "Forbes" chose this time to publish the list because it was originally considering the launch of Tinco Bayer's new autumn products this weekend.
Because every press conference by Tinco Baier over the years has caused a wave of ripples in the technology stock market, the original plan was that the "Forbes" list would first bring a wave of public opinion, and then the attention caused by Tinco Baier's press conference would take over. After all, it was probably the time when the first trillion-dollar company was born. After being so lively for a while, it returned to silence.
Unexpectedly, the plan could not keep up with the changes.
Fortunately, it is not an unacceptable change.
With such excitement, Saturday, September 16th, will soon come, and Tinker Bayer Company officially held the 2000 autumn new product launch conference.
A routine update, but there are also highlights.
The main new product this fall is the iPad-40, which started in 1997 and unknowingly is already the fourth generation.
Tinker Bayer combines the technology accumulation from the NewtonPad that Apple took over with its own software and hardware. From the original iPad-10 to this time's iPad-40, the changes are inevitable.
The original black and white screen has been replaced by this year's second-generation color screen. After adding the camera function last year, this year's iPad-40 also added WiFi networking function again. At the same time, the latest iPad-40, with Tinker Bayer The interactivity of other series of iPlayer, iCam, and iRec products has also been enhanced.
Now that the Internet has begun, Internet companies such as Eaglet and other companies have also responded to Tinco Bayer's invitation and customized a batch of Internet software specifically for this new iPad-40 product, involving Internet browsing, e-mail, online bookstores, Entertainment games and other aspects.
It can be said that compared with later tablet products, this time it lacks a software store that attracts developers.
The main reason why it has not reached this point is that the functions of current iPad products are still far less powerful than later, and their own performance cannot bear the influx of a large number of developers. Therefore, familiar partners customize the software to ensure that their own systems and included The smoothness and stability of the software are the first priority of the development team.
Let’s talk about the price. Compared with the first-generation iPad-10’s price of $799, this time the iPad-40 has increased again to $899 after a price increase last year.
The cumulative price increase is US$100.
In the current environment where the prices of electronic products, dominated by personal computers, are becoming more and more affordable, the price of the iPad-40 has risen against the trend for two consecutive years, which is quite a bit disrespectful.
However, this is still the result of careful weighing by Tinker Bayer.
Simon also expressed his approval.
First, it was mainly to protect Tinco Bayer's existing product line.
You know, the latest generation of iPad-40 has a color screen, photography and networking. It can be said that it integrates the three trump card functions of Tinker Bayer's iPlayer, iCam and iRec. Even if compared individually, the latter three have price advantages. Either it has functional advantages, but it is undeniable that for those users who are not so demanding on the details of product parameters, an iPad-40 is enough.
Therefore, if the price of iPad-10 does not increase, but decreases, this will undoubtedly have a catastrophic impact on several other product lines.
Regarding this point, Simon has long adhered to a theory, either he will eliminate himself, or he will be eliminated by others.
The most classic one is that from feature phones to smartphones, Nokia stayed on its laurels. The world's largest mobile phone giant collapsed in just a few years.
So, according to this theory, Simon should actually promote the iPad series to replace products such as iPlayer.
However, many things are easier said than done.
In the previous fiscal year of 1999, the total shipment volume of the three major series was as high as 160 million units, accounting for 69% of Tinco Bayer's revenue. Although the iPad series was very popular, it accounted for 69% of Tinco Bayer's revenue. The collection ratio is only 8%, but in this comparison, who would give up 69% for 8%
Of course, Simon is not without decision.
Simon never gave up on a certain theory. However, after a rough assessment, Simon felt that an appropriate delay of two to three years would not be a problem.
This is mainly because the current performance of the iPad series is still unsatisfactory compared to previous tablets.
In another two or three years, all aspects of technology will be updated and iterated, and the functions will become more powerful, at least to the level where developers can be introduced to the open platform, a software store will be opened, and its own software ecosystem will be built. At that time, it will be more suitable to complete the development of other series of products. substitute.
Right now, the timing isn't quite right.
Secondly, and also a very critical point, cost.
It stands to reason that with the rapid development of various electronic product technologies, the overall cost of the iPad series should be declining. However, because it only took four years to complete the leap from black and white to color screen to photography and networking functions, in order to maintain the excellent performance of the product, Tinker Bayer not only failed to achieve cost reduction, but actually the cost was reduced. It has increased.
This is why Simon is in no rush to eliminate himself.
Tinker Bayer's cost control of the iPad series is based on current performance. Even if it is not the ultimate, it is still at a very good level. Therefore, Simon is not worried that other manufacturers will be able to overtake Tinco Bayer in corners with similar products.
Neither Microsoft nor Sony, even if they have launched corresponding products in recent years, actually does not work.
Because each has its shortcomings.
Microsoft's shortcoming is hardware, Sony's shortcoming is software, and both also have a shortcoming, which is the network. Therefore, within a reasonable cost range, other software and hardware giants are destined to be unable to pose a threat to Tinco Bayer on the same product in the short term.
As for small startups with flexible bodies, there is no hope.
It’s very simple. The seemingly compact 7-inch iPad series is actually a huge project involving various systems such as software and hardware. Among them is only the operating system, which combines the years of accumulation of Tinker Bayer itself and Apple. As for the various software based on the operating system platform, can a small company have the ability to let a super giant like Igret help customize it
Just dream.
Therefore, this is not a DVD with a simple structure. You can buy the core components and assemble them in any place.
All in all, Tinker Bayer has an absolute lead that there is no need to rush to eliminate himself. Of course, in any case, after two or three years, we will start to promote self-elimination.
Furthermore, in 2005, a rough time point that Simon had planned for a long time, the era of smartphones and mobile Internet would also arrive early.
By then, Simon will also have certain plans for various products of Tinker Bayer.
The current iBerry series will jump to the iPhone series, and one terminal will replace them all.
The current iCam and iRec series will develop in a professional direction, becoming more detailed and high-end in order to distinguish them from the corresponding functions paired with the iPhone.
The current iPlayer series, unfortunately, is destined to be gradually phased out.
The current iPad series is moving from the current 7-inch screen, which is very popular, to a large screen of about 10 inches, to maximize differentiation from the future small-screen iPhone series, and the price of the iPad series will gradually decrease. Achieve a certain degree of monopoly through price advantage, so that other similar products in the same industry lose their living space and achieve dominance.
…
Through the huge public opinion resources controlled by the Westeros system, Tinkerber's autumn conference, after the launch of the latest iPad-40, once again set off a wave of discussion that seemed to have launched a new technological revolution.
However, at the capital market level, because it has been on stimulants since the beginning of the month, this time, although the Nasdaq opened again on the last Monday and jumped more than 1 percentage point, the public opinion level is no longer so enthusiastic.
This is what Simon needs too.
To support his women, Simon also attended this autumn conference on the Saturday before and returned to Los Angeles on Monday.
At the same time, the new week has just begun. It is worth mentioning that CNOOC on the other side of the ocean has officially launched another IPO road show. The planned listing time is October 6.
This time, there will be no suspense.
Not to mention the low clearance sale price, the Westeros system also directly signed an underwriting agreement. Probably, not only did they make a large subscription in advance, but they also promised that if they couldn't sell it, they would cover it all. In fact, given the current frenzied state of the North American financial market, it is not easy for this IPO to fail.
The results were also expected.
The global roadshow planned for two weeks only lasted three days, and the number of subscriptions has already reached the international placement share of the planned issuance. It is expected that the final total subscription amount will reach three to five times the planned issuance.
Simon did not express much attitude towards this IPO.
Based on Simon's understanding of the global energy industry in the next ten years, if he is really allowed to let go of his actions and do nothing more than an IPO, his family will be able to take care of things.
A sure-win business.
But of course you can't do that.
Getting on the pole is not a business, it's a shame. After all, people are always willing to push their limits. Big deal, in addition to this public subscription, you can also absorb more privately in the future.
In comparison, Simon is more concerned about another IPO case that is advancing rapidly.
Xiangshan Network.
After getting permission from her boss, Chen Qing promoted the matter very quickly.
According to Xiangshan Network's revenue and profit levels, this IPO, with First Boston as the lead underwriter, is initially valued at US$500 million, equivalent to RMB 4.15 billion, which would put the total market value of Nasdaq at nearly 10 trillion. The Dak market is nothing, but in China, it is already the largest overseas IPO in the industry since the new technology wave began.
After all, the valuation of a state-owned giant like CNOOC in this IPO is only about RMB 40 billion.
In addition, it is said that Xiangshan Network has a valuation of US$500 million. According to the fact that this company has actually reached the level of annual net profit of 200 million yuan with its popular online game business, the price-earnings ratio valuation of 20 times, the current average price-earnings ratio has already The Nasdaq market, which is over 100 times larger, is really quite cheap.
Taking into account further expectations in the future, we do not intend to let too much money flow into the field of outsiders this time.
It is planned to issue shares equivalent to about 30% of the total share capital at one time, of which 10% will be accounted for by original share sales and 20% by new financing shares. On the North American side, it is planned to take over half of the shares directly, and the remaining shares will be flowed into related parties as much as possible. In the hands of friendly companies.
By then, it may seem that the equity is further dispersed, but in fact, the Westeros system's shareholding and control over Xiangshan Network will only be further strengthened.
Simon regrets it now.
There is no need to give local snakes too many shares.
I definitely have to give, but I obviously gave a little too much before.
Therefore, the plan is that after this IPO, we will continue to take back more shares while taking advantage of the next trough period when the new technology market will inevitably flourish and then decline.
Not only that, another group of companies that have not arranged to go public also plan to continuously dilute the shares of other shareholders through continued financing. Of course, in order to avoid being too conspicuous, the shares held by the Westeros system itself will also be diluted, but it will definitely be reduced to zero.