Considering that Eric and his party came here in a hurry and needed a rest, the barbecue party didn't last too long.
Before ten o'clock, the private resort in the valley quickly returned to calm.
In a villa in the center of the resort, Eric sent the girl who wanted to be around him to rest tonight, and put the three little guys to sleep before coming to Virginia's bedroom.
The woman was making the bed, and when she saw Eric coming in, she just raised her head and glanced slightly, ignoring it at all.
Eric took off the shell bracelet that Emma had just tied on his wrist and put it on the dressing table, while saying to the woman: "Next, Firefly will set up a group of student grant funds around the world, so I won't tell you the details. , the purpose is not so simple. However, if it is known to the outside world that I donate overseas but remain indifferent to the country, it will definitely cause criticism. Therefore, I will also set up a local one. This is purely charitable. You and Joan will fight together How is it?"
Virginia sat on the edge of the bed to change the pillowcase, paused, and said with some air, "Joan and I are very busy, let Crawford do it."
Eric nodded seriously: "Forget it, I will talk to Cindy next time."
Then a pillow flew over.
Eric smiled and reached out to catch it, and said, "Just call it the Virginia and Joanna Fund, okay? Put your name first. However, I'm short of money recently, so I can only donate 200 million US dollars a year to it for the time being." The two of you decide on your own charity projects, of course, if you want to take it secretly, you just need to be careful not to get caught."
In the West, it is very common for a husband to be a businessman and a politician and his wife to manage a family charity fund. Eric setting up such a charitable fund is tantamount to putting two women on the table.
The man kept talking softly, and Virginia was too embarrassed to continue to get angry. She understood the significance of this charity fund to herself and Joanna. Hearing Eric's words at the end, the woman rolled her eyes lightly, then whispered again: "Joan is older than me, she must be in front, but what about you?"
Eric fiddled with the pillow in his hand, leaned against the dressing table and said with a smile: "I'm fine, but if it's called the Eric-Joanna-Virginia Williams Foundation, isn't the name Is it too long?"
Virginia nodded immediately, and said, "That's the name, I don't think it's too long."
"That's it, go to sleep, there are a lot of things to do tomorrow."
Eric threw the pillow back on the bed, unbuttoned his windbreaker, and planned to take a shower first.
Virginia got up and walked over, lowered her head to help Eric unbutton, without looking at the man's expression, said softly: "The next few days, let Kevin stay by your side, okay?"
Eric took off the windbreaker and stuffed it into the woman's arms, saying: "Okay, the little guy should also learn how to manage the company. Let him attend meetings with me these few days."
Virginia folded Eric's windbreaker and hugged her in her arms. Hearing the teasing in the man's tone, she said aggrievedly: "I didn't mean that. I, Kevin, is your son. You..."
Eric loosened his tie, pretended to be impatient, and twitched Virginia's plump buttocks casually, interrupting the woman's hesitation, and said: "There's so much nonsense, help me put the water, I didn't see your man wants to take a bath ?"
Virginia let out a soft cry, glared at Eric bitterly, and walked towards the bathroom.
After putting the hot water on, Virginia helped Eric find clean underwear and walked into the bathroom. The man was already soaking comfortably in the bathtub.
Seeing that the woman put down her clothes and was about to go out, Eric stretched out his hand, and Virginia sat down by the bathtub.
"I know what you're worried about." Feeling Virginia reaching out to help him scrub, Eric pressed the woman's hand and said, "Xia Xia really likes them more than Kevin, but, have you ever thought about it?" , with Xia Xia's temperament, will she be interested in inheriting the family business and managing the company in the future?"
In many cases, the smarter people tend to look down on wealth, and the level of intelligence in Hawaii has exceeded the understanding of many people. According to Eric's observation of his daughter, the little guy may be interested in many things in the future, but he will never compete with brothers and sisters like Kevin for the inheritance of family wealth.
In fact, although he plans to pass on his wealth, Eric will not let his sons and daughters get caught up in competing for the family in the future. His purpose of setting up the trust fund in advance is to plan that, like the Rockefeller and other families, all children can enjoy the support of the family trust in the future. If they want to enjoy this wealth and glory for a long time, they must work together to make contributions to the continuation of the entire family. effort.
Virginia is also concerned about chaos. Hearing what Eric said, she also gradually realized that Hawaii is more likely to become a genius scientist in the future, but it is difficult to become an entrepreneur.
However, the woman refused to admit defeat on the surface, saying: "The movie you are still showing, Tony Stark, he is a genius."
"You said it was a movie," Eric slid up Virginia's arm, grabbed her softness that was more plump than all other women in his hand, and said: "Okay, in the end, I just advise you to do this." Once, I don't care if I struggle with it later. In fact, you should understand that, as the eldest son of the Williams family, Kevin is destined to bear more burdens than other siblings in the future, so what you have to do is to teach the little guy well instead of worrying about these messy things all day long. matter. "
…
On the second day, the accompanying family members began to organize various activities. When taking time out to participate, the core executives of the Firefly system still focused on one exchange after another and meetings.
The theme of this gathering is the discussion on 'Sustainable Business Model of New Technology Industry'.
The reason for the collapse of the Nasdaq index, in addition to its own serious bubble factors, the most critical reason is that most new technology companies have failed to form a complete and effective business model.
So, just like the analysis article in "Barron's Weekly", once the funds of these new technology companies that only know how to burn money are exhausted, and they themselves have not formed a revenue model that can continue to provide blood for the company, the result will only be The road to extinction.
Of course, although this topic is within the core topic of this gathering, in fact, it is more of an excuse to the outside world.
After all, even though the Nasdaq bubble burst and the size of the assets controlled by the Firefly system shrunk significantly, the gathering of the core executives of the Firefly system still attracted strong attention from the outside world. Having dinner together, media from all over the world also contacted the companies of the Firefly system, hoping to get the opportunity to interview this gathering.
Therefore, under such strong attention, such sensitive issues as strengthening the cooperation between enterprises within the Firefly system and jointly excluding competitors from the industry must not be disclosed to the outside world.
In addition, the next development goals of the Firefly system, new businesses to be launched by Yahoo and other core companies, and some important personnel adjustments between companies are all within the scope of the meeting's agenda.
Eric also used this gathering to preliminarily determine the list of members of the upcoming Williams Trust Fund Council, and basically all the core executives of the Firefly system are on the list.
As a living trust, Eric can adjust the board list at any time, and even directly cancel the entire trust fund when necessary, so he is not worried about the risk that these executives may leave the Firefly system in the future.
The members of the trust fund council decided that if something unexpected happened, this group of people could quickly save the Firefly system. In the future, the change and replacement of members of the council will naturally operate in accordance with the established rules of the trust fund.
Although only Australia's "Herald Sun" affiliated to News Corp., Yahoo Portal, and ABC Group have limited interview rights for this gathering, the topic of "sustainable business models for new technology industries" at the gathering came out. , It still aroused heated discussions in countless media around the world.
Stimulated by this topic, the Nasdaq capital market, which was flying down, also began to calm down.
After the market opened on Monday, the Nasdaq's downward trend clearly began to slow down.
Moreover, as media discussions deepened and industry analysts were optimistic about the upcoming financial reports of companies such as Yahoo, Cisco, and Amazon, the stock prices of several new technology companies in the Firefly system even showed a trend of rebounding. .
And so on until Thursday, August 12th.
After four days of gatherings, the company under the Firefly system finally broke the first real good news.
At nine o'clock in the morning local time in New York, just after the working hours, Amazon suddenly announced that Firefly Investment will once again provide Amazon with US$500 million in convertible bond financing with an annual interest rate of only 2.5%, which will be used for the development of Amazon's online shopping mall and logistics system. further expansion.
Convertible bonds mean that Firefly Investment can choose to convert this bond into Amazon shares at any time within a certain period of time.
With the collapse of the Nasdaq, Amazon is the least optimistic about the entire Firefly system.
Compared with Yahoo, which has a market share of more than 70%, or Cisco, which has formed stable profits, or even Qualcomm, which is destined to shine in the 3G era of mobile communications, Amazon has no obvious advantages in all aspects.
Therefore, since the crash, Amazon's stock price has fallen by more than 67% overall, and its market value has fallen from $35.7 billion at its peak to $11.7 billion at last week's close. Many analysts on Wall Street believe that the final decline of Amazon's stock price may reach 90 %.
Moreover, due to Jeff Bezos' aggressive expansion strategy, Amazon's cash flow is on the verge of drying up. Some media even believed that the Firefly system is likely to completely abandon Amazon in the near future.
In such a one-sided pessimistic situation, Firefly Investment suddenly announced another $500 million injection into Amazon, which is enough to overthrow many pessimistic arguments in the industry.
Even though Amazon’s development prospects are still not optimistic, the industry has adjusted its expectations for Amazon, whether actively or forced, as the well-capitalized Firefly system has not given up but increased its support.
Stimulated by this good news, the Nasdaq stock market just opened on Thursday. Amazon’s stock price, which was already on the verge of a market value of tens of billions of dollars, rebounded directly by 5.6%, and the stock price rose by 11.3% throughout the day.
When the entire new technology market is paying close attention to what good news the core high-level meeting of the Firefly system will bring to the Nasdaq market, another announcement that was so sudden that countless people did not react appeared again on Friday.
However, this time it has nothing to do with the firefly system, at least on the surface no one can find any connection with it.
On the afternoon of August 13, one hour before the Nasdaq closed, the US Department of Justice held a press conference.
Attorney General Janet Reynolds announced that President Clinton personally issued an order to dismiss Thomas Jackson as a judge in the Microsoft antitrust case in view of federal judge Thomas Jackson's reckless disclosure of Microsoft's antitrust insider to the media in violation of judicial procedures.
At the same time, considering Microsoft's active cooperation in the antitrust investigation stage, the Federal Ministry of Justice decided to temporarily suspend the investigation of Microsoft's antitrust behavior and restart the settlement negotiations with Microsoft.
In recent years, Microsoft has been shrouded in the haze of a possible forced split.
It is foreseeable that once the Windows operating system platform is separated from the company, Microsoft's advantages in software applications, network services, and enterprise services will disappear.
Now, the Ministry of Justice has suddenly stopped the antitrust investigation of Microsoft, which has reached the final stage, and restarted the settlement negotiations, which is tantamount to directly abandoning the decision to split Microsoft.
After all, the antitrust investigation against Microsoft has been ongoing intermittently for more than four years since 1995. As a government department of a country, once this protracted investigation is abandoned, it will definitely not be easy to restart it in the future things.
Although many people realize that the Ministry of Justice made this compromise, it is likely to avoid further stimulating the Nasdaq stock market that continues to plummet, but this strong good news still has an immediate effect.
Just after the press conference, the Nasdaq index jumped out of an obvious upward curve at the end of the day. In just half an hour, the Nasdaq index rose by 39 points.
The capital market realized that the two shots of cardiotonic drugs for two consecutive days finally stabilized the Nasdaq index, which had been plummeting for nearly a month. The panic in the new technology market subsided, and the Nasdaq index would gradually stabilize.
However, this reversal is far from over.
In the following weekend, a series of good news released by the Firefly system almost brought tears to the eyes of many Wall Street investment institutions. Everyone realizes that with this series of positive news, the Nasdaq is likely to enter a period of rebound.