Reborn Xiangjiang as a Tycoon

Chapter 771

(Not modified yet)

"I think Blockbuster's current valuation of $80 million is very reasonable."

Although he knew that Blockbuster's valuation of US$80 million was too high, Lin Baicheng said the price himself, and he certainly could not agree with Buffett's words.

"Blockbuster is developing very fast now, especially after it received US$5 million in funding after the first financing. After receiving the money, the company entered a stage of rapid development, and only then did it get the second financing, which is now."

"Blockbuster is a high-quality company. Not only are you optimistic about it, Mr. Buffett, but I am even more optimistic about it. Its future development prospects deserve a higher premium rate."

"Furthermore, there is only one video rental company like Blockbuster on the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant and take over

The most delicious cake.”

Lin Baicheng is not talking nonsense. When facing Buffett, he does not dare to talk nonsense, because not only will he fail to deceive others, but he will also make the other party look down upon him.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After financing, it can occupy more markets with a large amount of funds. When competitors appear, it will no longer be Blockbuster's opponent.

.

Once Blockbuster becomes the industry leader, it will be able to capture more than half of the entire industry's profits, and the rest will be the profits that the industry's second largest and other small and medium-sized companies compete for. At that time, Blockbuster's market value will definitely be very high.

But this is just the best future. As Buffett just said, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still feels that the valuation of US$80 million is

It's too high. We won't accept such a high valuation just because Blockbuster is more likely to become the leader.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After financing, it can occupy more markets with a large amount of funds. When competitors appear, it will no longer be Blockbuster's opponent.

.

But this is normal. It has only been a few days since Blockbuster contacted Wall Street. Negotiating financing is not that fast. Ten days and a half is not a long time, and one or two months is a long time to negotiate financing.

A very normal thing.

"However, Blockbuster is now in contact with Wall Street. The valuation announced by Blockbuster is US$80 million. However, there are still institutions in contact with Blockbuster. This shows that institutions are optimistic about Blockbuster."

Buffett is very well-informed. He knows that Wall Street values ​​Blockbuster at only $40 million. He also knows that this is not Wall Street’s lowest price. When financing is actually negotiated, it will definitely be a higher price, but he did not say

The main reason for coming out was to save some face for Lin Baicheng, who was asking for help.

But this is just the best future. As Buffett just said, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still feels that the valuation of US$80 million is

It's too high. We won't accept such a high valuation just because Blockbuster is more likely to become the leader.

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

Lin Baicheng is not talking nonsense. When facing Buffett, he does not dare to talk nonsense, because not only will he fail to deceive others, but he will also make the other party look down upon him.

"Mr. Allen, I heard that Wall Street's valuation of Blockbuster is not high."

"Mr. Allen, I heard that Wall Street's valuation of Blockbuster is not high."

"I think Blockbuster's current valuation of $80 million is very reasonable."

Although he knew that Blockbuster's valuation of US$80 million was too high, Lin Baicheng said the price himself, and he certainly could not agree with Buffett's words.

"However, Blockbuster is now in contact with Wall Street. The valuation announced by Blockbuster is US$80 million. However, there are still institutions in contact with Blockbuster. This shows that institutions are optimistic about Blockbuster."

"Blockbuster is developing very fast now, especially after it received US$5 million in funding after the first financing. After receiving the money, the company entered a stage of rapid development, and only then did it get the second financing, which is now."

"That's what Mr. Buffett said."

"That's what Mr. Buffett said."

Although he knew that Blockbuster's valuation of US$80 million was too high, Lin Baicheng said the price himself, and he certainly could not agree with Buffett's words.

"I think Blockbuster's current valuation of $80 million is very reasonable."

But this is just the best future. As Buffett just said, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still feels that the valuation of US$80 million is

It's too high. We won't accept such a high valuation just because Blockbuster is more likely to become the leader.

Lin Baicheng is not talking nonsense. When facing Buffett, he does not dare to talk nonsense, because not only will he fail to deceive others, but he will also make the other party look down upon him.

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After financing, it can occupy more markets with a large amount of funds. When competitors appear, it will no longer be Blockbuster's opponent.

.

Lin Baicheng, Blockbuster and Morningstar Pictures are definitely not satisfied with the valuation of US$40 million. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is currently no result.

Lin Baicheng smiled and did not argue with Buffett. After all, he really couldn't find a better way to persuade Buffett, not to mention that people like Buffett are not so easy to persuade.

But this is normal. It has only been a few days since Blockbuster contacted Wall Street. Negotiating financing is not that fast. Ten days and a half is not a long time, and one or two months is a long time to negotiate financing.

A very normal thing.

This is true. Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster announced a valuation of US$80 million, but they also bargained for it, and they cut it very hard, cutting them off directly.

Values ​​Blockbuster at $40 million.

Lin Baicheng smiled and did not argue with Buffett. After all, he really couldn't find a better way to persuade Buffett, not to mention that people like Buffett are not so easy to persuade.

Lin Baicheng, Blockbuster and Morningstar Pictures are definitely not satisfied with the valuation of US$40 million. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is currently no result.

This is true. Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster announced a valuation of US$80 million, but they also bargained for it, and they cut it very hard, cutting them off directly.

Values ​​Blockbuster at $40 million.

Once Blockbuster becomes the industry leader, it will be able to capture more than half of the entire industry's profits, and the rest will be the profits that the industry's second largest and other small and medium-sized companies compete for. At that time, Blockbuster's market value will definitely be very high.

Once Blockbuster becomes the industry leader, it will be able to capture more than half of the entire industry's profits, and the rest will be the profits that the industry's second largest and other small and medium-sized companies compete for. At that time, Blockbuster's market value will definitely be very high.

Although he knew that Blockbuster's valuation of US$80 million was too high, Lin Baicheng said the price himself, and he certainly could not agree with Buffett's words.

"I think Blockbuster's current valuation of $80 million is very reasonable."

"Blockbuster is developing very fast now, especially after it received US$5 million in funding after the first financing. After receiving the money, the company entered a stage of rapid development, and only then did it get the second financing, which is now."

"Furthermore, there is only one video rental company like Blockbuster on the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant and take over

The most delicious cake.”

But this is just the best future. As Buffett just said, the future is uncertain and full of variables. Blockbuster may be overtaken by latecomers, so he still feels that the valuation of US$80 million is

It's too high. We won't accept such a high valuation just because Blockbuster is more likely to become the leader.

Lin Baicheng is not talking nonsense. When facing Buffett, he does not dare to talk nonsense, because not only will he fail to deceive others, but he will also make the other party look down upon him.

Lin Baicheng, Blockbuster and Morningstar Pictures are definitely not satisfied with the valuation of US$40 million. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is currently no result.

"Blockbuster is developing very fast now, especially after it received US$5 million in funding after the first financing. After receiving the money, the company entered a stage of rapid development, and only then did it get the second financing, which is now."

"Blockbuster is a high-quality company. Not only are you optimistic about it, Mr. Buffett, but I am even more optimistic about it. Its future development prospects deserve a higher premium rate."

Buffett is very well-informed. He knows that Wall Street values ​​Blockbuster at only $40 million. He also knows that this is not Wall Street’s lowest price. When financing is actually negotiated, it will definitely be a higher price, but he did not say

The main reason for coming out was to save some face for Lin Baicheng, who was asking for help.

"However, Blockbuster is now in contact with Wall Street. The valuation announced by Blockbuster is US$80 million. However, there are still institutions in contact with Blockbuster. This shows that institutions are optimistic about Blockbuster."

Lin Baicheng smiled and did not argue with Buffett. After all, he really couldn't find a better way to persuade Buffett, not to mention that people like Buffett are not so easy to persuade.

"Blockbuster is a high-quality company. Not only are you optimistic about it, Mr. Buffett, but I am even more optimistic about it. Its future development prospects deserve a higher premium rate."

Buffett is very well-informed. He knows that Wall Street values ​​Blockbuster at only $40 million. He also knows that this is not Wall Street’s lowest price. When financing is actually negotiated, it will definitely be a higher price, but he did not say

The main reason for coming out was to save some face for Lin Baicheng, who was asking for help.

But this is normal. It has only been a few days since Blockbuster contacted Wall Street. Negotiating financing is not that fast. Ten days and a half is not a long time, and one or two months is a long time to negotiate financing.

A very normal thing.

"That's what Mr. Buffett said."

Lin Baicheng smiled and did not argue with Buffett. After all, he really couldn't find a better way to persuade Buffett, not to mention that people like Buffett are not so easy to persuade.

"That's what Mr. Buffett said."

Buffett shook his head. In fact, he knew that Lin Baicheng was right. Blockbuster has no competitors now. After financing, it can occupy more markets with a large amount of funds. When competitors appear, it will no longer be Blockbuster's opponent.

.

"Furthermore, there is only one video rental company like Blockbuster on the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant and take over

The most delicious cake.”

"Blockbuster is a high-quality company. Not only are you optimistic about it, Mr. Buffett, but I am even more optimistic about it. Its future development prospects deserve a higher premium rate."

"But that is the future, and the future is uncertain. Blockbuster may develop into an industry giant, but it may also be overtaken by latecomers."

This is true. Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster announced a valuation of US$80 million, but they also bargained for it, and they cut it very hard, cutting them off directly.

Values ​​Blockbuster at $40 million.

"Furthermore, there is only one video rental company like Blockbuster on the market now, and there are no competitors. As long as Blockbuster has enough funds, it can completely occupy the market before competitors appear, and then develop into an industry giant and take over

The most delicious cake.”

Once Blockbuster becomes the industry leader, it will be able to capture more than half of the entire industry's profits, and the rest will be the profits that the industry's second largest and other small and medium-sized companies compete for. At that time, Blockbuster's market value will definitely be very high.

"However, Blockbuster is now in contact with Wall Street. The valuation announced by Blockbuster is US$80 million. However, there are still institutions in contact with Blockbuster. This shows that institutions are optimistic about Blockbuster."

This is true. Goldman Sachs, Citigroup and other institutions did contact Blockbuster after Blockbuster announced a valuation of US$80 million, but they also bargained for it, and they cut it very hard, cutting them off directly.

Values ​​Blockbuster at $40 million.

Lin Baicheng, Blockbuster and Morningstar Pictures are definitely not satisfied with the valuation of US$40 million. Therefore, Blockbuster and Wall Street are still in contact and negotiation, and there is currently no result.

But this is normal. It has only been a few days since Blockbuster contacted Wall Street. Negotiating financing is not that fast. Ten days and a half is not a long time, and one or two months is a long time to negotiate financing.

A very normal thing.

(End of chapter)