After getting rid of Roy Disney and Robert Iger, the only thing that prevents Martin from getting 8.03% of Disney stock is financial problems.
Over the years, very little of the money in his hands has been deposited in banks. He has always invested in the stock market or some promising start-up companies when he earned money. The U.S. dollar has depreciated at an alarming rate, which is why Americans are unwilling to save money.
It seems that some stocks need to be sold...
On the way back from meeting Roy Disney and Robert Iger, Martin had already made plans and figured out how to raise funds- he was going to sell 100% of his shares Nine of Yahoo stock.
Since 1998, Martin has been accumulating Yahoo stock.
After the Internet bubble burst in 2000, a large number of Internet company stock holders panicked and sold their shares.
Martin also absorbed a large number of shares in Yahoo and other Internet companies he was optimistic about at the time.
In 2000, the shares of Internet companies were really cheap, and Yahoo's market value plummeted by 90%, just like picking it up for free.
Most of the 9% of Yahoo shares that Martin holds today were bought at that time.
As for why he would choose to sell Yahoo now instead of other stocks - how to put it, among star Internet companies, Yahoo can be said to be a model of opening high and selling low.
Since its birth, its status in the Internet has been at the Big Brother level, and it has provided network services to more than 500 million people around the world.
Speaking of Yahoo's prosperity, it is mainly due to the fact that it created a new business model that makes the Internet free, profitable and open, and stimulated the birth and rapid development of e-commerce.
However, as the first Internet giant to reach a market value of hundreds of billions of dollars and the first to find an Internet business model, it failed to seize the opportunities such as video, social networks, and mobile Internet.
The founder left, and the CEO changed every day. This former global Internet leader eventually reached the point of being acquired.
Yahoo has also tried to save itself, but every effort has failed.
But now, it's Yahoo's peak market value.
After the Internet bubble in 2000, Yahoo's new CFO Decker cut the online payment, shopping, auction and other sectors, reducing the company's losses and reversing the company's decline.
Yahoo's stock began to rise crazily again, but it could not reach its previous peak. By 2002, it was only US$47.9 billion.
And Martin knows that this wave of recovery is just a return to Yahoo's glory days.
Yahoo missed countless opportunities and made countless wrong decisions. Since 2005, its market value has continued to shrink. Until 2016, Verizon announced the acquisition of Yahoo's core assets for a price of 4.8 billion.
(PS: Listing the missed opportunities of Yahoo, three of them are the most regrettable.
First, in 1998, Yahoo refused to acquire founders Yang Zhiyuan and Ferro’s two juniors, La. A company called Google founded by Page and Sergey Brin.
Secondly, in 2006, Mark Zuckerberg planned to give Face to Yang Zhiyuan for US$1 billion. However, at the last moment of the deal, Yahoo suddenly The price was cut to US$850 million. Xiao Zha was so angry that he tore up the agreement on the spot.
Thirdly, in 2008, Yahoo rejected Microsoft's US$44.6 billion acquisition offer, which also caused Yahoo to miss its last opportunity.)
So even if there is no As for buying Disney stock, Martin will also sell his Yahoo shares in the near future.
Moreover, he has already thought about the person to take over - Microsoft.
Microsoft's Bill Gates has always wanted to buy Yahoo. a month later
《A piece of news in the Wall Street Journal instantly detonated the entire United States. (To read exciting novels, go to Feilu Novel Network!)
"Martin Meyers, the world’s youngest billionaire!"
"It is reported that a week ago, our American genius, Martin Meyers, had reached an agreement with Microsoft founder Bill Gates. Microsoft will purchase about 9% of Martin Meyers’ Yahoo shares for US$4.2 billion."
"There were no twists and turns in this transaction. One was willing to sell and the other was willing to buy. It is said that the teams of both parties reached an agreement with each other after just fifteen days of negotiations.……"
In early April, in the new ranking of the world's richest people released by Forbes, Martin relied on his large stakes in Internet companies such as Microsoft and Apple, as well as his US$4.2 billion in cash, and with a net worth of more than US$15 billion, for the first time Ranked among the top ten richest people in the United States
《Forbes》:"The tenth richest man in North America, Martin Meyers, is fifteen years old!"
This news once again detonated the United States.
In this country that highly values money, wealth represents power and status, and Martin's personal wealth at this time has obviously made him the top group of people in this country.
Of course. , this is just personally speaking, if you count those plutocrats Tosla, Martin is still a sidekick.
For the upcoming"The Matrix", Martin has no time to participate in the promotion with the crew recently.
But obviously, this is The best publicity!!!
Everyone is interested in going to the cinema to watch a movie starring a super billionaire.
And the upcoming"Lord of the Rings: The Fellowship of the Ring" unexpectedly received a slight increase in box office as a result..
In the end, when the movie was released, it earned a North American box office of US$426 million (originally 3.16 billion) and a global box office of US$1.042 billion (originally 898 million).
"`Second in film history, Peter Jackson, a new director, has created a miracle"《The Los Angeles Times ran this headline.
The report stated:"Peter Jackson, a director who has always been involved in B-movies and independent film circles, reached the top with his first commercial blockbuster."
"The global box office of 1.042 billion is second only to the 1.8 billion box office of James Cameron's"Titanic", and surpasses the 1.027 billion box office of George Lucas'"Star Wars: Episode I: The Phantom Menace" , and the 912 million box office of Steve Spielberg's"Jurassic Park"……"
"At the same time, this film also became the third film in film history to have a global box office of over 1 billion.……"
"Peter Jackson's rise to fame"
"Of course, Peter Jackson should thank Martin. It was our genius who fully supported and played the role of Legolas himself, which made this movie successful today. There is a saying in China - a horse with a thousand miles of horse is always the same, but it is difficult to win the battle. Among countless bad horses, few people find a thousand-mile horse.……"
"For Peter Jackson, Martin is the one who can find the thousand-mile horse!"
(Brothers, please take care of me. Please give me some comments, flowers, collections, and rewards. Thank you.)
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