Hollywood New Century

In the south of downtown San Francisco, the headquarters of the "San Francisco Chronicle" is an old and somewhat historical building.

Simon came here to see the newspaper business with the largest circulation under the group.

Galaxy Entertainment has undergone a series of reforms since the Hearst Group acquired the San Francisco Chronicle, and the loss last year still exceeded $10 million.

However, because of the implementation of many layoff plans, it should be much better than the Hearst period.

Jeff Johnson, the current editor-in-chief of the San Francisco Chronicle, also came over from the Los Angeles Times this year.

"The newspaper industry has come to a severe winter. Although we have cut staff and outsourced printing business to cut costs, most importantly, we still need news, big news that can attract people," Jeff Johnson explained.

"I understand that the "San Francisco Chronicle" should have transformed a long time ago. It can be less about people's livelihood and the environment, and focus on fashion, entertainment, sports or political and financial affairs. "Simon is now the boss of Xinghai Entertainment, and he has nine heads. Bird Fund blessing.

"Of course, the "San Francisco Chronicle" needs to accelerate its transformation to online news. The editorial department needs more online editors. Those who did not want to change in the past must be abolished. "Simon doesn't care about protests or news traditions, Simon. What is needed is news flow, a distribution market.

"Understood, this year, the "San Francisco Chronicle" will not lose money! "With the big backer of Xinghai Entertainment, there are endless news about Hollywood.

Coupled with the news of the Nine Head Bird Fund, the financial sector is changing with each passing day, and there are more first-hand information about Silicon Valley.

The improvement of the San Francisco Chronicle News Network is the most important thing for Simon. Through the acquisition of online news sites and other rapid development, it is only the largest news newspaper in Northern California. Of course, it cannot satisfy Simon's ambition.

At least it’s the dominant news on the entire West Coast, and the biggest competitor, the Los Angeles Times, has to get down.

"It's good to report more eye-catching news. The accuracy of the news is very important, but it is also the news that is scored, and what people like to watch. You should know." Simon doesn't want the "San Francisco Chronicle" to always educate, Innocent news about municipalities and the like.

"Especially in terms of streaming media, you can try to learn YouTube's video technology, let people upload original videos, or some game videos, etc., real-life performances and the like, just like reality TV shows, live video! "Simon wants to pass " The distribution channel of the San Francisco Chronicle eats live video of the cake.

YouTube has Google, and online streaming will definitely not compete, but Simon wants to eat the big pie of personal live streaming.

"Reality live broadcasts are personal online commentaries such as performances based on games, entertainment, etc., such as performances?" Jeff Johnson asked.

"Yes, that's it. Now that smartphones are developing rapidly, we must pay close attention to the experience of using mobile phones. In the future market, people may be more willing to use mobile phones to browse news, watch movies and other activities," Simon said anyway. Johnson has also paid more attention to mobile streaming in recent years.

Of course, these are the future, and what matters now is the growth and profitability of the San Francisco Chronicle. What's missing from the San Francisco Chronicle is a bombshell topic that's been discussed by the nation.

Just like the Weinstein incident in Hollywood before, it's a good time to make a name for yourself, isn't it.

The tabloids gossip, the big newspapers have rhythm, not all large media organizations do. As the entertainment capital of Los Angeles, if you want to beat the Los Angeles Times, you must capture the entertainment market in Los Angeles as soon as possible.

After that, Simon left. After all, he came to San Francisco this time to meet with senior executives of Wells Fargo Bank. At the same time, he also let the Nine-headed Bird Fund invest in WhatsApp, an instant messaging software for smartphones.

WhatsApp was originally just a small start-up company with no financing plan. It was established in 2007.

Simon has been watching, because the financial tsunami has made life more difficult, and now he has come to San Francisco to discuss investments with founder Brian Acton and his team.

What makes Simon even happier is that Brian Acton and his team have a very different view on financing.

Instead of bringing in more VCs, they want to work with just one investor.

Just like Simon's taste, the two immediately hit it off. In this way, Simon directly became an investment partner of WhatsApp. 10 million was directly exchanged for 50% of the shares, but the voting rights were only half.

In the future, if WhatsApp needs funds, Simon will provide financial support, or introduce another venture capital institution as a partner.

Simon remembers that in the future, Sequoia Capital is the venture capital institution of WhatsApp. It invested $60 million in two rounds in a few years, and then WhatsApp was acquired by Facebook for $22 billion.

San Francisco, Hyatt Regency Hotel, Simon stands in front of the window looking at the Millennium Tower in the distance, this 58-story Millennium Tower is the first high-rise luxury residential building in San Francisco that was completed this year.

Martha Cosby, who was on the bed, also got out of bed, put on a nightgown, went to the window, and hugged Simon's waist from behind.

Martha Cosby seemed to be still a little unfinished about last night, followed Simon's gaze and smiled: "Boss, do you want to buy a mansion on the top floor of the Millennium Tower? It's very good inside, and all kinds of services are top-notch. Yes, you can see the whole San Francisco and the San Francisco Bay!"

"Hey, I have so many houses. Although it looks good, San Francisco belongs to the earthquake zone. I don't want high-rise buildings in San Francisco," Simon laughed.

"I like the Pacific Heights villa over there. It's quiet and has a good view!"

The Millennium Tower will sink deep underground in less than ten years in the future, and Simon feels a little scared when he thinks about it.

"Haha, the San Francisco earthquake? It hasn't been there for many years," Martha Cosby didn't say much, but according to the boss's style, he did like big villas.

"Halloween is coming, I seem to have received a lot of invitations to the Halloween party," Simon turned around, and Simon, who was wearing a pair of bottoms, showed his abs on his chest.

Martha Cosby rubbed Simon's body and looked at Simon's casual expression, and said a little strangely: "Boss, you don't seem to be interested in Halloween. Except for Christmas, Halloween is an important carnival festival!"

Originally, Simon was indifferent to Christmas, and he never thought that even Halloween would be treated like this.

Simon stretched out his hand, squeezed a few times on the girl's chest, and said with a smile: "Time is precious, it's the same for me if it's not a festival!"

Afterwards, she pressed Martha Cosby's shoulder with her hand, and the girl obediently knelt down in front of Simon.

"Oh, or rather, every day is a holiday for me," Simon said, placing his hand on the girl's head.