Back To 1995

Chapter 1129: old acquaintance

   "Wells Fargo's offer is not low. At a price of 750 million US dollars, it will acquire 60% of the equity of X Payment, and let X Payment complete the merger with the Billpoint payment platform under Wells Fargo Bank!

  In fact, this merger is mainly based on X payment. After the acquisition, Wells Fargo promised that Musk, you and Kamba can still stay on the X payment board, and even you will still be in charge of the X payment platform in the future! "

   The speaker was Bill Gross, the king of Wall Street bonds. He came here from Wall Street this time just to deal with this matter.

To be honest, Bill Gross is tired of this bottomless electronic payment war. Now the major payment platforms in America are PayPal. There are many supporters behind PayPal, including Song Yang, Goldman Sachs, Deutsche Bank and others. A large number of Internet companies such as ICQ support PayPal payment.

The remaining few payment platforms also have supporters behind them. Wells Fargo acquired Billpoint Payment, and dotBank was invested by Yahoo and Sequoia. Now the leader of electronic payment cannot be challenged by anyone. The platform has also fallen into a stalemate, and no one can swallow anyone, which means that a lot of dollars are being burned every day to hold on!

  When Bill Gross invested in the X payment platform, he also wanted to take advantage of the hot Internet market to make a lot of money.

  In the beginning, X Payment did not disappoint Bill Gross. At its peak, the valuation exceeded 3.2 billion dollars. At that time, if X Payment was sold in cash, it could make a lot of money.

But everyone in the X payment platform wants to get more, that is, to send the X payment platform to NASDAQ. It is indeed only one step away from this goal. The second largest payment platform went public, and its market value was likely to exceed US$10 billion, but the Internet bubble changed everything.

The Internet companies that were touted at the beginning have collectively fallen into the abyss. Leeks shy away from Internet stocks, and Wall Street institutions are unwilling to take the risk of helping X pay for these Internet companies to issue stocks. Even if they are forced to go public, the valuation is pitifully low. Don't know how much you can get.

  After the news came out from Wells Fargo this time that it wanted to merge X Payment with Billpoint Payment, Bill Gross made every effort to facilitate this matter.

Although the electronic payment platform is in a downturn, the major banks in America want to launch their own payment platforms one after another, and they don’t want to be constrained by PayPal. The potential of electronic payment has become more and more obvious in recent years, and the electronic payment has been completely stopped. The means of payment is obviously no longer realistic. Giant banks including Wells Fargo can only bite the bullet and continue to play, which gives other payment platforms other than PayPal a way out.

  Bill Gross' voice fell, and other X payment company investors and executives also looked at Musk.

  Compared to the peak period, the quotation of Wells Fargo Bank is indeed not high now, but the market is like this. If you don’t rely on Wells Fargo Bank, the life of X payment platform will be more difficult, and it may close down at any time. Sell it now, and you can earn some money!

   "900 million dollars!"

   "Tell Wells Fargo, offer 900 million dollars, I can sell the entire equity of X payment company!"

  Musk directly stated in front of everyone's eyes that he was going to cash out and quit the electronic payment industry, "Next, I will invest in electric vehicles and space exploration industries!"

As soon as the words came out, there was a dead silence in the conference room. Musk’s younger brother Kamba frowned, lowered his head and said nothing. He knew Musk’s character, and the decision he made would not change. If you hit the south wall and don't look back, you will either smash yourself to pieces, or knock down the south wall, there will be no third result.

Hearing that Musk is going to enter the two industries of electric vehicles and space exploration, Greg Kerry, a Canadian real estate developer who has been investing in Musk for so many years, took a deep breath of a cigarette with a sad face, and then made a decision to prepare Back to Canada to retire!

  Electric vehicles and space exploration, who is the biggest player now? Even Song Yang, who has returned to the richest man position, has been questioned in these two industries, let alone Musk?

Musk is preparing to wrestle with Song Yang in these two industries. Greg Kerry has made up his mind and will no longer accompany Musk to take risks. This project has now been rewarded, earning a lot of dollars, enough for him to return to Canada for retirement, and he will never get involved again. He is afraid that if he continues to toss it, the coffin he saved will be burned clean!

Bill Gross' eyelids jumped when he heard it. He was born on Wall Street and he is at the helm of the world's largest bond investment company. He has never seen such a big storm, but hearing Musk's words still made him feel like picking up an egg and thinking about it. The feeling of being stoned.

No matter what Musk said, Bill Gross is deaf to it anyway. After dealing with the matter here, he will return to Wall Street and continue to be his bond king. industry, why doesn’t he invest in Siebel Automobile and Apollo Space Exploration Company, at least the founders of these two companies have performed much better than some people sitting in this conference room over the years, investing Song Yang's people's rate of return over the years has basically been off the charts!

   "Boeing, Lockheed Martin, Pratt & Whitney, Rocketdyne, have all joined the competition in the private space industry?!"

  Immelt, who was busy running back and forth between old Europe and America, taking over Alstom’s global industry and taking over Alstom’s global industries, fell into silence when he heard the news.

Reason told him that if he followed Song Yang's footsteps, he might be taken into the ditch. Like the graphene that the whole world is crazy about now, Immelt is on the sidelines, although he also let the R&D department of General Electric Research graphene, but dare not stud, and develop graphene engines and other things as soon as they come up.

Although the successful launch of the Apollo Space Exploration Company set off this round of competition in the space industry, Immelt was a little hesitant, but the entry of Boeing, Pratt & Whitney, and Lockheed Martin made Immelt Te couldn't help but fall into deep thought for a while.

"There is news from Capitol Hill that the Cowboy Commander and Capitol Hill want to reduce the expenditures of some industries. The Federal Space Agency may also be in the ranks of reducing funds. In the future, the Cowboy Commander may implement new aerospace projects. Act, let NASA transfer part of the business to other space exploration companies!"

  A senior executive of General Electric told Immelt the news from Capitol Hill that General Electric also donated a large number of congressmen on Capitol Hill, so the news was naturally very well-informed.

   Immelt's eyes flashed, and he knew how companies like Boeing and Pratt & Whitney would make a move for no reason. It turned out that they had received wind.

But Immelt hesitated for a while, wondering whether he should directly enter the space industry like Boeing and Pratt & Whitney. Now that General Electric is desperately digesting the fat of Alstom, it is not known how long it will take If it is completely digested, it will be impossible to move at this time, and it will not be possible to spend too much real money to invest in the rocket launch industry.

But if he really missed it, Immelt was afraid that he would regret it too late, so he finally sighed helplessly. General Electric has declined a lot now, and ICQ has really hurt its vitality. Otherwise, it would not be needed at all. If you have such worries, which industry you are optimistic about, you just need to rely on your wealth and wealth to get in, and there is no need to look forward and backward like now.

   "Go to contact...Bruno Song, General Electric can develop rocket engines with Apollo Space Exploration Corporation, and General Electric wants to get the shares of Apollo Space Exploration Corporation!"

  After a long time, Immelt still said to his executives that although he didn't want to mention that name again, how could someone be avoided in America, especially in the technology industry.

  Don’t want to miss the space industry’s outlet, General Electric will either go shirtless like Boeing, launch a space company owned by General Electric, or invest in another company.

But looking at the current space industry, it is certainly impossible for General Electric to invest in Rocketdyne, a subsidiary of its arch-rival Pratt & Whitney, and it is impossible to surrender Bigger to Boeing. Among the remaining space companies, Immelt left Look to the right, apart from the Apollo Space Exploration Company, there is really no other reliable company...

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