Chapter 257 Get on the bus first and then make up the ticket
When Chris Jahn heard Song Yang's last words, his face was so excited that he could hardly express his excitement. Song Yang's words almost seemed to accept him as a partner!
Just like his boss Kerimaia, he is eligible to obtain equity in some projects, such as America Telecom. Now the valuation of America Telecom has soared, and Kerimaia holds the equity of America Telecom, which makes his worth directly
Nearly doubled!
Now, Jain is getting the same treatment as Kerimaia. If there is a new project, he can also get the equity in it. This is comparable to what Jain got after working hard all his life at Comerica Bank.
In terms of salary and bonus, they are much more.
People die for money and birds die for food. How can you make Jain work hard without giving you some benefits? "As long as you can Jain, let Comerica Bank cooperate with Paypal. In the future, I will nominate you to serve as the independent director of Paypal. If you can
If you get more than 1% equity treatment, if you want to sell this equity in the future, the Paypal board of directors can start a buyback plan!"
This is equivalent to giving Chris Jain 1% of his PayPal equity. Although he cannot sell it to others, if he wants to sell it, PayPal's board of directors will buy it back from Jain.
No one knows how much PayPal can be worth, or whether it can even survive, but for Jain, this is definitely a huge change.
Thinking about it, Song Yang spent so much energy and risked going to war with several giants to get Paypal. Jia En could even guess that Paypal would definitely not be cheap in the future.
Even if it is only 1%, if it is cashed out in the future, Jain's worth will probably skyrocket.
With Song Yang's promise, Jia En's enthusiasm increased greatly. Working for others and working for yourself are two completely different states.
Song Yang approached Comerica Bank to cooperate because Paypal needed a settlement center. Paypal did not have a banking license or relevant talents. If it started to work on its own, it might cause problems.
Comerica Bank is not a giant bank, but it is one of the top 100 banks in America. It has business centers in American states and some overseas regions. Paypal can use Comerica Bank to conduct business without worrying about being hacked.
America swallowed it up in one gulp. If it were Citibank, Morgan and other major banks, they would probably slap PayPal to death from the beginning.
After talking for a while, Song Yang and Jia En decided to adopt the strategy of getting on the bus first and buying tickets later for Paypal, that is, starting the business first and then getting the payment license, bank license, fund license and the like.
First, contact America Bank to complete all these businesses and attract hundreds or even tens of millions of users to the Paypal platform. After the facts are established, then go to negotiate with America Finance, the Banking Supervision Bureau and other institutions, otherwise I am afraid that they will not be taken at all.
Don’t get these license plates!
"I will arrange for Director Kairimaya to meet with you Song as soon as possible." Jia En said to Song Yang.
Song Yang thought for a moment and said, "Wait until I come back from Asia."
In the near future, after Song Yang has dealt with Rick's affairs, he will lead a large team on a trip to Asia. In name, it is to spread the glory of the American Internet to the Internet desert of Asia. This has been a long time ago.
Once it's planned, it can't be delayed any longer.
Moreover, Paypal is still under development, and it will take at least half a year before it is launched. This thing is no better than hotmail and icq, and there is no room for loopholes. This is a beautiful weapon that involves countless people.
If something goes wrong, it may be a real thunderstorm, so we are very cautious when developing Paypal. Even if it has a few fewer functions, we must ensure absolute safety!
"In addition to Paypal, there are several projects that require Jia En's cooperation." Song Yang said to Jia En.
Sheeping wool is not shabby, but being able to catch a sheep and keep shedding it is even more of a skill!
"You should have heard about Western Pictures, right?!" Song Yang drank a cup of tea. The authentic domestic tea was the Dahongpao that Xie Qing specially asked someone to bring from China to America.
"certainly!"
Jian and Comerica Bank have always paid close attention to the news about Song Yang. How could Jian not know about Song Yang's news in Hollywood?
Regarding Song Yang's generous investment of more than 200 million US dollars in Hollywood, many people in the outside world in America are waiting to see the joke. It is rumored that Song Yang has been deceived by those Hollywood scammers, and there are not a few people.
Jain did not mention that many media believed that "The Matrix" might become an epic bad movie and that Song Yang might lose all his money. Instead, he touted, "IMDB World Movie Museum, now the American states, and the British can all
Discussing this!"
No matter what the "Matrix" movie is like, imdb's announcement of building a world film collection museum has caused a lot of turmoil in the film industry, as well as in American states and even overseas.
Regarding this kind of pretense, it can also bring jobs and tourism to the local area. All states in America want to have film museums located locally. Los Angeles is of course the most active. It has Hollywood itself, plus a world film museum. Then
Bige takes it to the next level.
New York is also very active, for no other reason than to have a new landmark building and attract more tourists. Overseas, England, where imdb is located, is also very active. As for the holding of other international film festivals such as Cannes and Toronto,
Land, also quite positive.
On the whole, imdb has successfully broken out of the industry by building the "World Movie Museum", allowing imdb, which was originally just a small and broken website, to successfully break out of the industry.
And now, imdb is also cooperating with several major art magazines, film newspapers, etc., so that imdb's Bige is constantly improving, and more film practitioners are beginning to enter imdb.
"Western Pictures wants to borrow a sum of funds from Comerica Bank to use for the filming of "The Matrix", post-movie box office, peripherals and other income to repay the funds!"
Chris Jain's smile froze on his face. He felt inexplicably that he shouldn't have come today. First with Paypal and then with Western Pictures, there was no such thing as a good job. It was either a huge risk or a huge pitfall.
, and then looked at Eric who was watching eagerly from the side. Jain didn't know what else was waiting for him.
"Song," Jia En said, feeling that the conversation was a bit dry, "I am very willing to cooperate with Western Films. I believe that Western Films will definitely be able to develop in your hands, Song. However, I am afraid that the "Matrix" project will be difficult to pass.
Comerica Bank’s investment review…”
Major banks have always stayed away from film projects like Song Yang's, who came from a halfway background and entered Hollywood, because the success rate is so low. If you are not careful, all the money lent by the bank to the film company will be used.
Went in.
Song Yang glanced at Jia En for a few times, shook his head and said, "You haven't invested yet. How can you be sure, Jia En, that "The Matrix" will fail?"
Jain just shook his head, but never mentioned the loan to Western Pictures. Not to mention Jain, even the directors of Comerica Bank did not dare to invest the money easily, for fear that the meat buns would beat the dog and leave.
Return.
Song Yang couldn't help but smile when he saw this, and then thought for a moment and said, "Western Pictures will invest 50%, a US$40 million investment, in "The Matrix Part 1", and the remaining funds will be provided by Western Pictures through Weta Special Effects Studio
, imdb as collateral, obtained from Comerica Bank!”
The nominal funding for the first part of The Matrix was US$80 million. Western Pictures directly invested US$40 million, and the remaining half was invested by Comerica Bank. The risk was not too great.
With the addition of Weta Special Effects Studio and imdb as collateral, the loss is actually no longer lost, but Jain still said, "America Telecom will also join as a guarantor!"
Now Jian doesn't believe anyone but America Telecom. At least America Telecom seems to have hope of making money and being able to repay the tens of millions of dollars.
"I hope that this fund can be received as soon as possible." Song Yang nodded and said.
The matter between Paypal and Western Pictures has been negotiated, and Song Yang's troubles have been partially resolved.
But before Jain could take a breath, the wheel battle started again, and Eric sat opposite Jain.
"Funk," Jia En cursed directly after seeing this posture. For Eric, Jia En was not as good-tempered as he was for Song Yang. "Eric, you just said it directly, how much do you want?"
Beautiful knife!"
Eric extended two fingers directly to Jain. When Jain saw it, he smiled and said, "Twenty million dollars?"
"Two hundred million dollars!"
The brandy he had just poured into his mouth was sprayed out by Jain. Jain, who had also lived in Texas for many years, also had a temper. When he caught Eric, he yelled, "You are such a shabby family."
Rick Club, how much would it be worth if the whole thing was sold? Who do you think I am, that I can get you two hundred million dollars?!"
While Jia En was scolding, Eric pointed at Song Yang calmly, "I am indeed not qualified, but Song is now the largest personal interaction in Rick Club Company, holding 35% of the shares of Rick.
We also hold 5% of icq’s equity.”
Eric said it calmly, and then he saw Jain's expression of holding back what he just said.
Can Jia En scold Rick for being a shabby nightclub? Could he scold Song Yang? With a 5% stake in icq, Rick can already lick his face and say that he is a technology company. These days, isn't it all about cheating?
Dog meat, once Rick is listed, it can also join the Internet concept stocks.
After holding it in for a long time, Jain finally asked, "So Song, Eric, what exactly are you going to do?"
Chapter completed!