Wall Street Legend

Chapter 95 The Decline of Lower City

Regarding Tencent's financing, Ye Dongqing always felt that he was being treated as a victim. He didn't know whether it was Boni's idea or the idea of ​​the real major shareholder MIH Group. Anyway, it made him very uncomfortable.

He has no voting rights, and the price is higher than expected. The strangest thing is that he is only willing to accept 50 million US dollars in financing from himself, and there is no need for less. This is what makes Ye Dongqing most embarrassed, because although he can in a short time You can get 50 million US dollars, but this will put your company under tight pressure, causing other places' capital flows to face difficulties in a short period of time.

After all, it is not his own money. After going to the Securities and Exchange Commission for questioning, he can no longer take risks and take advantage of loopholes, ignore the rules and invest according to his own ideas, leaving all systems and regulations behind.

Thinking of ways to invest, the most critical question before Ye Dongqing is whether it is worth the investment. If it is really invested, will it have an impact on the development of Facebook?

No one can help him consider these issues. Rather than trusting other people's suggestions, he prefers to make his own decisions. It's not that he is born with such an arbitrary character, but compared with others, he has seen it from the top of the mountain. More scenery can be seen more comprehensively from the perspective of a person who has been there.

I was lying on a comfortable chair and put my feet on the table. I wanted to light a cigar and think about it carefully, but as soon as I stretched out my hand, I retracted it. Smoking cigars is also easy to become addicted. I have never been addicted to cigarettes in this life, and it is not good for my health. The advantage is that there are not too many worries and there is no need to joke about my young body.

He was thinking about the portal website called "Sohu" in his mind. Ye Dongqing felt that the combination of Tencent and it was like the ICQ instant chat program with Yahoo added. It cannot be said that there is absolutely no market. Judging from the current situation, The market is quite good. The Internet industry on the other side of the Pacific is not as large and sound as the United States, which means there are many opportunities.

Because the acquisition was Sohu, Ye Dongqing was so entangled. If it were to acquire Baidu, Alibaba and other companies he had heard of, there was definitely no need to worry too much about affecting the development of Tencent. Generally speaking, with Tencent's huge user base scale, cooperation with a portal may also have a good mutual promotion effect.

I couldn't help but start to lean toward investing. I was about to face the long Christmas holiday. I still had time to slowly think about what to do. I took my mind back and stared at the summary report after reading it. Then I closed the folder and locked it in my drawer. good.

As soon as Tamsui Fund had some money, he began to think about changing his office space.

As the number of employees in the company gradually increased, not to mention Leo-Y, who was similar to a shell company, several supervisors of Golden Island Financial Management also placed several desks in this small office, and they would need to add a few more later. There are new departments, such as legal advisors resident in the company, who help review various contracts, and a larger financial department. As the website goes online, dedicated personnel are also needed to help maintain it.

It won’t be too late, it’s something that will happen next year. Just do it as soon as you think of it. Ye Dongqing called the real estate agent he met last time and asked him if he had a larger office building for rent that could be rented for a long time. That kind, with an area of ​​at least 1,000 square meters, and the environment is his focus.

There are so many office buildings in Manhattan, but there are not enough companies to fill them all. It is easy to rent office buildings. Some of the originally very famous Wall Street high-rise buildings have even been converted into apartments for rent and sale recently. The main reason is that they are willing to rent office buildings. Not many tenants are willing to pay, and would rather move their companies to other nearby locations to reduce unnecessary costs.

The other party immediately followed the request and recommended several buildings on Wall Street to him, such as Building 23, where **** was originally located, Puchuan Building, etc. Ye Dongqing hoped that the other party would take him to see it in person, and the two parties made an appointment. time.

After going out and talking about this matter to Kanak, Kanak, who was about to have his own office, would certainly not refuse such a good thing. Until now, he was still crowded in an open space with a group of employees, which looked very out of style.

As an "old employee" of Xinshui Fund Company, Kanek was very glad that he did not submit his resignation letter to Ye Dongqing with his friends at that time. Facts have proved that in the bet on crude oil futures, all the guys who resigned They became idiots. They had hoped to get high bonuses, but when the opportunity came, they chose to flee the battlefield.

Ms. Vigo took the blame and had to take a long break before returning to the company. Now Kanike has become the second-in-command besides Ye Dongqing, the boss. He wants a large, comfortable and high-end office.

At this moment, he tentatively said: "Why do you have to worry about Wall Street instead of choosing to move your headquarters to Midtown like other companies?

Wall Street has slowly declined. It is no longer the financial center of Manhattan. The real financial center has moved to Midtown. The transportation is more convenient and the environment is better. Many companies have gone there. I think you should choose Midtown. Rent a floor in the city. "

As he said, after entering the 21st century, Wall Street is declining, or the entire lower Manhattan is declining. Rich people no longer like to consider buying houses in the lower city. The Upper East Side and Upper West Side , known as the "gathering place of billionaires", Midtown is the place where people like to live most.

Bear Stearns, which has not yet gone bankrupt, as well as Bank of America, Citigroup and Morgan Stanley, have all begun or planned to move their headquarters further north to Midtown, away from the narrow block of downtown Wall Street that never sees the light of day.

The development of electronic trading and over-the-counter trading has made "concentration" less important. These giants do not need the name of Wall Street to subsidize themselves, and hope to pursue a more comfortable office environment.

The main reason why Ye Dongqing wanted to rent on Wall Street was that the house he rented was right here, and Facebook was not far from Wall Street. Other than that, there were no other reasons.

From a long-term perspective, the current scale of Tamsui Fund is still small. Waiting until the number of employees increases before moving to a better place means that employees will have to rent houses elsewhere, so a decision must be made now. Otherwise it will be very troublesome later.

The Midtown area is undoubtedly much more prosperous than the Downtown area. It can be seen from the housing prices. There is not much movement here in the Downtown area, but brand-new skyscrapers are being built in the Midtown area. From a time perspective, the American real estate industry is about to Enter the next brief period of prosperity.

It doesn't matter whether he moves or not. Considering that he will go to college next, Midtown or Uptown will undoubtedly be closer to Columbia University. Ye Dongqing has already made a decision. After visiting Boston once, he feels that he will not like going back and forth. No matter what, studying in New York is pretty good.

Both sides have advantages. The downtown side is a bit shabby, and Wall Street is not very comfortable to live in. It is inconvenient to catch a plane, go shopping, etc. The only thing left is that the name Wall Street is somewhat useful.

After struggling for a moment, he told Kanek: "I'll take a look first. I'll take a look at both Wall Street and Midtown. I'll make a decision then."

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