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Chapter 982: The Walking Fortune 500

George Lucas had actually known about Deep Space's ideas for Industrial Light and Magic for a long time.
But later, when Deep Space acquired PDI Studios for "Shrek" and Weta Digital for "Lord of the Rings," George Lucas thought that Deep Space would no longer want Industrial Light and Magic.
After all, it is not necessary for George Lucas to have three special effects companies in his hands at once. The key is that Deep Space Company does not have such a big demand now.
Therefore, now that Jimmy suddenly said that he wanted Industrial Light and Magic, George Lucas was a little surprised.
But he quickly adjusted his mentality and said with a smile, "Jimmy, Industrial Light and Magic is not for sale to Lucasfilm."
Of course Jimmy would not believe the statement that it was not for sale. Jimmy looked at George Lucas with a smile, "Since Industrial Light and Magic is not for sale to Lucasfilm, then you might as well just package up Lucasfilm and sell it to us.
?”
George Lucas raised his eyebrows, "Can you come up with so much money now?"
Jimmy asked, "If I take out the money now, will you sell the company to me?"
George Lucas smiled and did not answer the question.
Whether it is Industrial Light & Magic or Lucasfilm, they are not for sale to George Lucas. As long as the price is right, he is willing to sell.
But now he is not too short of money, so if it is just money, he will not be tempted unless it is a very high price.
As for whether Deep Space can afford so much money, the answer is yes. Lucasfilm seems to be quite big, but if anyone wants to spend hundreds of millions of dollars, George Lucas will give it to them without hesitation.
The company has been sold, and with more than one billion US dollars, Deep Space now does not need to go to the bank to get the money, it can just squeeze it out on its own.
The combined global box office of these three movies this year is estimated to be US$2 billion, and last year's "The Martian" was more than a billion US dollars. These movies alone will earn hundreds of millions of US dollars at the box office.
There is also a variety show produced by Deep Space Company this year. "Pop Idol" has sold more than 100 million US dollars in licensing sales alone.
In George Lucas's view, Deep Space Company is a money-making machine. In recent years, few companies have been able to make more money than Deep Space.
But George Lucas also knows that Deep Space makes a lot of money and spends a lot. In the past two years, Deep Space has been acquiring companies and buying stocks. Although he doesn’t know how much it has spent, it’s still worth several billion dollars.
some.
Under such circumstances, will Deep Space spend more than a billion dollars to buy Lucasfilm? Will Jimmy do something like this that affects the company's strategic layout?
"I heard that you recently acquired some Nvidia shares?"
Jimmy's expression remained unchanged, "Is this the case?"
"Yes, and I heard this isn't the first time you've done this. Do you think Nvidia's stock will go up?"
Jimmy shook his head, "It shouldn't go up for a few years."
George Lucas asked strangely, "Then you still buy it?"
Jimmy said very casually, "Since we have money on hand, why not buy stocks?"
In fact, they not only bought stocks, but also secretly received shares. However, because the shares they received were smaller than the shareholding ratio required to be disclosed to regulatory authorities in the United States, no one else knew about it.
What he told George Lucas was true. He did not think Nvidia's shares could rise in recent years, and the reason why they wanted to acquire Nvidia's shares was because now was the best time to acquire the shares.
I'm afraid it will be difficult to collect it again in a few years.
Jimmy and Yu Dong had discussed this matter before. Jimmy believed that it would take at least five or six years for Nvidia's shares to rise, and maybe ten years later.
Yu Dong probably knows something about NVIDIA's stock trends. Their stocks must have only started to rise 12 years later. He doesn't know the specific year when they started to rise.
Jimmy thinks that we can wait and see first and then take a look at the stock in a few years. However, Dong thinks that we can buy some for fun. Since we are optimistic about this company, can we buy short-term and wait for the stock to rise by 3%?
If you are fifty, you can sell the stock. If the stock falls, you can buy it again.
Hearing Yu Dong's words, Jimmy was surprised at the time because he had never seen Yu Dong engage in short-term investment. All the investments Yu Dong had made were at least ten years old. This was the case for all the stocks they bought now.
This way of looking at the long-term and doing the short-term is a bit like the practices of public traders. These traders believe that as long as they are bullish or bearish in the long-term, they can follow the long-term in the short-term, which is safer.
However, traders who do this have two problems. One is that they tend to be unable to hold on to the market. If they do too much in the short term and make too many operations, once the market comes, it is easy to miss it. For example, they sell as soon as the market rises by 30%.
What should I do if it keeps rising? How should I enter the market again? The second one is that if you misread the long-term at the beginning, you will easily fall into the pit later, because once you lose money in the short-term, you will switch to the long-term, and you will change from losing a small amount of money to losing money in the long-term.
Losing a lot of money and suffering for a long time.
Therefore, Jimmy only listened to half of Yu Dong's suggestion. He bought Nvidia shares, but he would not throw them away when the stock price rose by 350% in the short term.
Now Jimmy's main concern is Amazon, Apple and other companies, and funds are also pouring into these companies. Amazon will not talk about it. After their operations during this period, Apple has obtained 9% of Apple's points.
Six shares.
George Lucas believed that Jimmy was not telling him the truth and that they must have received some information to buy Nvidia stock.
"Actually, ILM can't sell it to you, but I don't want money."
Jimmy smiled and said, "You don't want money, so how embarrassed am I?"
"I don't want money, but I want other things."
"What do you want?" Jimmy asked.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! George Lucas smiled and said, "What I want is very simple, equivalent shares of PayPal."
Jimmy narrowed his eyes and then laughed, "You are actually thinking about Paypal. I didn't see that you are also interested in this kind of business."
George Lucas said with a smile, "It's not because I wanted to do it, but because I know you are short of funds, so I wanted to share it with you."
Jimmy shook his head, "Paypal doesn't work, at least not now. You'd better change it."
PayPal is now in a stage of rapid development, and its valuation changes every day, so Jimmy will definitely not agree to exchange PayPal shares for Industrial Light & Magic. This is obviously a loss-making transaction.
George Lucas seemed to have expected that Jimmy would not agree, so he smiled and said, "It's okay not to give the shares to Paypal, but what about the shares in Deep Sky Star Can?"
Jimmy's hand that was about to hold the teacup stopped, and then he looked at George Lucas with a smile, "It turns out that you didn't set your sights on Paypal, but instead set your sights on Xingcan. This makes sense."
"It makes sense."
"But how can I discount Xingcan's shares? Although Xingcan is not large, it has high revenue and high profits. It is not comparable to Industrial Light & Magic. If the discount is low, I will definitely not do it. But the discount is high.
Yes, will you agree?"
It is really difficult to discount a company like Xingcan because there are too many variables.
Xingcan now owns the copyrights of three variety shows and has indeed generated a lot of revenue, but the future of the company is hard to say. To put it bluntly, Xingcan still relies on Deep Space Company.
The existing variety shows of Xingcan Company are all produced with the help of Shen Kong. They have not yet produced a program that is completely produced by themselves. In other words, if Shen Kong Company exchanges Xingcan's shares with Industrial Light & Magic, what will happen later?
If we set up a moon company in deep space and develop other variety shows, what will George Lucas do?
By then, Xingcan Company will most likely be able to survive on these three existing programs.
Well, according to the current earning power of these three programs, it is not difficult to survive on these three programs, but the question is whether these three programs can still make as much money in the future as they do now.
As more and more copyrights are sold, and there are more and more similar programs, the competitiveness of these three programs will definitely decrease. What will be done then? It can be said that the development of Canxing depends entirely on the conscience of Shen Kong.
So how to discount becomes a question.
George Lucas smiled and said, "I don't exactly want shares. You just have to pay two-thirds in cash and the remaining one-third can be redeemed in shares."
In this way, even if there is a loss, it won't be much, and George Lucas's calculations have come true.
Jimmy thought for a while and said, "Otherwise, let's talk about how much it would cost to buy Lucasfilm."
George Lucas raised his eyebrows and said, "Are you serious? You're not kidding me?"
"Of course I'm not joking. Since Industrial Light and Magic can sell it, then Lucasfilm should be fine. If you are willing to sell Lucasfilm to us, I can even consider taking part of PayPal shares in exchange."
"Part of it, how much is it?"
Seeing George Lucas' reaction, Jimmy smiled, which showed that there was still hope for acquiring Lucasfilm.
"Within five percent, any more will be impossible."
George Lucas thought for a while, then smiled and said, "Then we have to have a good chat about how much my Lucasfilm is worth."
Jimmy smiled and asked, "How much do you think it's worth?"
"In my heart, it is naturally a priceless treasure."
"But priceless treasures always have a price. Let me tell you frankly, we can now provide up to 700 million U.S. dollars in cash. I can give all of these 700 million U.S. dollars to you, and then add another 700 million U.S. dollars to various companies.
Shares, or you can accept installment payments." Jimmy put forward his plan very quickly.
700 million in cash plus 700 million in shares of various companies, the total is only 1.4 billion, and George Lucas's psychological price is 1.8 billion, a difference of 400 million US dollars.
But in fact, Lucas does not care about the price difference of 400 million, but how to distribute the 700 million shares.
Although Paypal has not quoted a price to the outside world, the current valuation of Paypal from the outside is 1.5 billion US dollars. The key is that this is just an valuation, and Deep Space does not sell takeaways at all.
I have inquired from many venture capital companies and wanted to invest some money, but Deep Space Company did not want a dime.
Deep Space Company is not a fool. They are still investing money everywhere. How can their own company need others to invest money?
According to what Jimmy just said, if the maximum is 5%, then it can only offset more than 70 million U.S. dollars. How can the remaining 600 million U.S. dollars be offset?
Although George Lucas is very concerned about how to pay for the remaining more than 600 million U.S. dollars, now that he is talking about business, he still has to bargain with Jimmy. "U.S. 1.4 billion is too low. I want at least 2.5 billion U.S. dollars."
, your price is far different from what I thought, US$1.4 billion is only enough to buy one Industrial Light & Magic."
"That means that US$1.1 billion can buy all the other properties of Lucasfilm except Industrial Light and Magic?"
George Lucas waved his hands repeatedly, "That's not what I meant. It would be more expensive to buy it alone."
"Twenty-five billion US dollars is too much. To be honest, with so much money, I wouldn't consider you. With this money, I can buy Pixar and still have a lot of money left."
"Twenty-five billion US dollars is indeed a bit stressful for you, so I will lower it a little, to US$2.3 billion."

After drinking a cup of tea, neither of them had agreed on a price. They both knew that a business worth hundreds of millions of dollars could not be settled at once, so the two of them were prepared for long-term negotiations.
Prepare.
George Lucas had a meal at Satisfaction Tea House in the evening. Before leaving, he pretended to pay for the tea and meal, and even flirted with Jimmy twice.
After George Lucas left, Jimmy looked at the time and then called Yu Dong.
Yu Dong had just had breakfast and was about to go to class when he received a call from Jimmy.
"I have a class later, so let's make a long story short."
Jimmy smiled and said, "I just talked with George. Although we didn't finally reach an agreement, it shouldn't be a big problem to get it within 1.8 billion US dollars."
"Very good, keep some money and get Pixar later," Yu Dong said.
"It's better to take it slow. Our economy is under great pressure now."
Yu Dong smiled and said, "We don't seem to have a time when the financial pressure is not great. Otherwise, I can use some money from my personal account to divide Pixar when the time comes."
"You don't have much money in your account, so you might as well save some money."
"Are there not many left?"
"Well, there should be another 7 to 8 billion US dollars, certainly less than 900 million US dollars."
When he heard that there were still 7.8 billion US dollars, Yu Dong said with a smile, "Isn't there still a lot of money? I thought it was about to bottom out."
Jimmy also smiled and said, "It took a lot of effort from the boss to spend so much."
Yu Dong's previous account actually only had more than a billion dollars in it. Normally, after spending so much during this period, there shouldn't be much left. But the key is that Yu Dong's account is constantly receiving money. Someone has calculated that every month, Yu Dongguang
The royalties are at least tens of millions of dollars, and this is because he has not released a new book or adapted a movie. If a new book is released that month or a movie is adapted, the royalties will be doubled.
In addition to royalties, he also has some share of box office, DVD, and peripheral product sales.
Chapter completed!
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