In the next two days, I helped sort out the management of the N3 ranch and found that such a large ranch only raised more than 3,000 cattle.
Previously, I thought that more than 3,000 cows were a lot, but compared to the vast area of the pasture, they actually only occupy a small part of the space.
According to the words of local veteran employees.
This is mainly because the previous owner did not have sufficient funds. It has not repaired the cattle shed or purchased machinery and equipment for many years, and has not paid attention to this land.
In addition, environmental protection agencies also require that the original local style be maintained, otherwise huge fines are likely to be issued.
N3 Ranch is mainly engaged in the business of selling calves to external parties, that is, using breeding cattle to breed calves, raising them to half-grown calves and selling them to ranchers in need.
Adding in the income from the wool and farm business, the total annual profit is only about one million US dollars.
In addition, they also rent out vacation cabins and charge tickets to tourists. Unfortunately, there are too many beautiful parks in California, and the tourism business has never been able to develop.
If you really want to make a profit.
Even if the more than 30 million US dollars spent to purchase the ranch were deposited in the bank, the interest would exceed the annual income of the N3 ranch.
This also explains why the N3 ranch has never been sold before. From a business perspective, it is undoubtedly very uneconomical.
Fortunately, Su Yehao and Nong Qingying never thought about how much money they would make from this ranch from the beginning, so there was no gap in mentality.
After patiently visiting everywhere, Su Yehao felt that his money was well spent.
Living here is more self-cultivating than going to an island for vacation. You can see natural scenery everywhere, large oak forests and green grasslands, and occasionally you can see raccoons, squirrels, wild boars and other animals. It can really bring spiritual cleansing to people.
.
It’s similar to other tours.
The wonderful experience of coming to a foreign country lasted only three and a half days and then disappeared.
Poor mobile phone signal, slow Internet speed, mosquito bites, and a lack of expensive entertainment options all made Su Yehao decisively find reasons to return to Silicon Valley alone.
As for Nong Qingying, she plans to stay in the ranch for a while until she meets the staff of the Aman Hotel to finalize the location of the new hotel.
Rather than spending huge sums of money to build a mansion that she would rarely have the opportunity to live in, Su Yehao's proposal to let her directly build a hotel-style resort is obviously more in line with the situation of N3 Ranch.
She owns a large house on Barker Road on the top of Hong Kong City. This woman has lost interest in the luxury house...
The stock market plummeted continuously, and Silicon Valley was once again shrouded in dark clouds.
As soon as Su Yehao returned to his mansion in the Atherton area, the housekeeper immediately handed a large pile of documents to him and told him:
"The same situation happened again. I remember that the last time you came here, boss, you also received a lot of letters seeking financing from you. In the past few days, I have received batches of people, more than last time. They obviously listened.
Said you were here, so I wanted to try my luck."
Looking at the two thick stacks of letters in front of him, Su Yehao sighed helplessly:
"There is no way. Starting a business is inherently dangerous. Only a few people can survive. Although the stock market has rebounded in the past few months, funds have not flowed into Silicon Valley again. Calculating time, the funds of most start-up companies should be close to bottoming out.
."
In early March this year, Nasdaq began its first round of sharp declines.
After falling by almost two-fifths, the market miraculously recovered and rebounded, attracting a large number of new and old leeks to enter the market to hunt for the bottom. Recently, countless investors have been trapped again, and the market is wailing.
Unlike the supply of office buildings in the past two years, the rent in Silicon Valley has dropped a lot now. Even near the Atherton area where he lives, there are many luxury houses on Lawn Hill with billboards with the word "for sale". From the original one-bedroom apartment
It is hard to find, and no one cares about it.
The first few times I came to Silicon Valley, the air was filled with the smell of dollar bills that were spent on money and money. Now it is like the twelfth lunar month of winter, and the atmosphere is so cold that one can feel expressionless.
It's only September, and many companies have already reported that there will be no bonuses at the end of the year, and they have begun to lay off employees.
On the contrary, the business of headhunting companies is booming, and the streets are filled with unemployed programmers, financial practitioners, and hardware engineers looking for jobs.
As for Yanwen Group, this year it chose to abandon its autumn recruitment plan and instead select and select in the market to hire experienced talents at lower prices.
In order to have a stable job, many rebellious entrepreneurs have become very obedient, and stability has become a more important job search goal than their future and salary. This has led to the increasing popularity of large Internet companies.
Pushing the letter to Linda Yun casually, Su Yehao said to her:
"Please help me read it. Behind every letter and document here, there may be a sad and desperate story. I can guess it without reading. The lines are full of negative energy. Maybe I have been rejected countless times recently. How I feel.
It's just right, I don't want to be affected."
Linda Yun was comfortable living in the N3 Ranch and had almost nothing to do all day long. After hearing the question marks on her face, she then remembered that she still had to go to work.
She replied listlessly:
"Well, they are hovering on the edge of doom, Ah Hao, you are making a lot of money. I haven't looked at the market closing data today. Anyway, before I turned off the computer and came back, the Nasdaq index fell another 2%, so the current market is not
They can’t make any money, it’s just that they, the unlucky ones, don’t have your good vision.”
"This group of entrepreneurs puts their chips on the company, unlike those like me who play investing. They cannot realize cash in time and can only follow the trend."
[To be honest, I have been using Yeguo to read and catch up on books recently. I can switch sources and read aloud with many sounds. www. Android and Apple are available.]
After Su Yehao finished speaking, he asked the housekeeper to lower the room temperature and help him make a cup of green tea.
Although he expressed some sympathy and emotion, it is actually difficult to empathize with him. With his diversified investment strategy, even if the sky fell, it would not hit him on the head anyway.
Several super-rich people who were originally ranked ahead of Su Yehao have seen their net worth shrink significantly this year and have been overtaken by him one after another, including Yahoo founder Jerry Yang.
In the past six months, many Internet companies have been struggling to make their data more beautiful to attract the attention of investors.
This directly led to the revenue data of Kaomoji Group and Google, which mainly make money through advertising business, far exceeding the level of the same period last year, achieving six consecutive quarters of growth, and the magnitude was not small.
The total revenue of Yanmoji Group in the second quarter of last year was only more than 30 million US dollars, but it increased to more than 90 million US dollars in the second quarter of this year.
Affected by the good news, the total market value remains at around US$12 billion, making it one of the few Internet giants that has controlled the decline within 25% since March.
As for Google.
In the past six months, active users have increased by more than 7 million, and registered users have increased by about 11 million, which is enough to show that the user retention rate is very high. The performance is so good that it surprised the industry, and the valuation has risen against the trend, attracting widespread attention.
Although affected by the decline in Yanwen Group's stock price, Su Yehao's total net worth was barely the same as at the beginning of the year, and it did not increase even after making so much money from short selling.
But judging from the market situation, one is declining and the other is rising, and not losing money means making a lot of money.
"Forbes" magazine is compiling the latest list of the world's 500 richest people, and has already sent someone to make an appointment with Su Yehao to conduct an in-person interview.
If nothing else happens, I should be in the top fifteen this year.
Second only to Microsoft's Bill Gates, Oracle's Larry Ellison, Microsoft's Paul Allen, Buffett and the brothers and sisters of the Wal-Mart family...