Chapter 261
After arriving at the hotel, everyone went into their rooms to wash and rest.
Of course, Wang Ye stayed in a penthouse suite. I have to say that this suite is much higher-end than the presidential suites in the hotels that Wang Ye has stayed in before.
This 400 square-meter (4,300 square-foot) penthouse suite was designed by visionary architects Peter Marino and I.M. Pei.
It took seven years and cost $50 million to build it, with a 360-degree panoramic view.
The interior furnishings and the original works of many international artists were selected by Peter Marino or I.M. Pei, showing their extraordinary taste.
Standing in the sky suite on the 52nd floor, you can see from the four tallest cantilever glass balconies in the world, and you can see the magnificent and vast views of Manhattan.
Not only that, the Rolls-Royce Phantom and the all-weather private housekeeper are always allowed to be sent, as well as unlimited caviar, champagne and massage for guests to enjoy.
This unique luxury suite is the tallest hotel suite in New York. It is like a crown jewel, shining brightly in the corner of the ultimate luxury hotel in Manhattan!
Of course, it takes a very expensive price to enjoy all this, $52,000 a night! There are additional service fees and taxes.
After taking a shower, Wang Ye changed into a formal set of clothes. After a while, it was a dinner party. He also had to have dinner with Buffett.
Wang Ye is looking forward to what Buffett is talking about to himself.
If this big guy can really be brought to subscribe to some shares of Meigou.com, the stock price of this listing will not be $50, and 60 is possible!
...
At a buffet dinner held by Citibank to welcome the American Shopping Network, Wang Ye met Buffett, who had been famous for a long time.
He is over 80 years old, with silver hair and tall figure. He doesn't look like he's seriously ill, but is in good spirits.
"Wang, I'm very happy to see you." Buffett greeted Wang Ye with a smile on his face.
"Hello, Mr. Buffett, I have long admired Daming." Wang Ye responded in fluent English.
"Haha, let's find a quiet place and I want to talk to you about something."
The two of them walked to a secluded corner with goblets, sat down and started talking.
"Wang, Berkshire can publicly announce that it will subscribe to a share of no less than US$1 billion in your USD stock!"
As soon as he sat down, Buffett said in a surprising way.
This is simply what Wang Ye wants to see the most, but it is probably not that simple to give this favor to himself so happily.
"So, are there any additional conditions?" Wang Ye asked calmly.
A hint of surprise flashed through Buffett's eyes. He didn't expect Wang Ye to react so quickly. As soon as he said he wanted to subscribe to the stocks of Meigou.com, he guessed that he had another purpose.
"Of course, you know my influence in the stock market, investors around the world know it, and I know it myself. My public announcement of the subscription is a great help to the IPO of Meigou.com, so there are conditions."
Buffett said with a smile.
Wang Ye knew that things were not that simple. None of the people who invested were philanthropists, and their efforts must be to pursue greater returns.
"Apart from Meigo.com, I don't know any other companies that can be noticed by Mr. Buffett. Could it be Huashang International?" Wang Ye asked with a frown.
He now has only a few companies, Huashang International, Magic City Jiahua, and Fuhua Cosmetics Company.
I believe Buffett looks down on the Magic City Home Furnishing. Fuhua Cosmetics Company does not intend to go public, so only Huashang International is left.
"No, did you forget that you have another company?" Buffett smiled like an old fox.
"That entertainment company?" Wang Ye said in surprise.
"Preferred Premium Company!" Buffett was too lazy to go around in circles and directly stated his goal.
Preferred products?! Wang Ye was not pretending to be confused just now, but he really didn't expect to come from this company.
Preferred products are still in preparation and have not officially started operations, let alone going on the market.
"Aren't you just invest in listed companies? Why do you have to be a venture capital?" Wang Ye asked tentatively.
"No, I only invest in companies that can make money! I only invest in companies that have good prospects!" Buffett said firmly.
"But... Youpin has just been created and has not been officially released at all. I am not sure what the company will be like in the future." Wang Ye said with a puzzled look.
"I don't know if you are really uncertain, but I'm very sure that the future of Youpin will surpass the listed companies you have on hand now." Buffett said with a smile.
Before Wang Ye could say anything, he said again: "China is a big country and is rising rapidly over the years. No investor will ignore this big market, so I have been paying attention to your companies over the years.
You know, my preference is traditional industries, especially the most basic companies in food, clothing, housing and transportation. Unfortunately, China does not have good companies, but cheap companies, so I have never started until you appear!"
"Me?" Wang Ye pointed at him and said in surprise. He really didn't expect that Buffett had already been paying attention to him silently.
"Yes, Huashang International has changed its investment model and quickly opened stores. The intelligence collectors of our company have paid attention to you. Of course, the scale and size of Huashang International were not worth mentioning at that time, and the information was not submitted to me until Huashang International went public and became the largest company with market value in the Chinese clothing industry."
"I only saw the information of Huashang International at that time, but after analysis, I did not attack Huashang International's stock because I felt that the company's structure was too small!"
Well, this evaluation is really merciless, Wang Ye smiled awkwardly.
The initial positioning of Huashang brand was that it was low in the second line and was a full franchise model. At that time, Liu Weiguo created this brand to make quick money, which was also determined by the market trend at that time.
To be honest, if it weren't for the emergence of Wangye, this brand might have disappeared without a trace just like most brands that emerged in China at that time.
As for listing, you don’t even think about it, let alone become the largest company in the domestic clothing industry with market value.
It can be said that it is Wang Ye’s defiance of the will of heaven and change his fate that has the current listed company Huashang International.
Buffett continued with a smile on his face.
"Then, Huashang International received a large amount of money when it went public. Instead of advertising or opening a store like ordinary companies, it set up a clothing production base, which aroused my interest. I was also guessing what you were doing to build such a large clothing production base."
"Because China does not lack clothing processing factories at all, and the scale of this base is a little too large. With Huashang International's annual sales at that time, it did not need such a large production base at all."
"After that, you turned around and went to the cosmetics industry and Meigou.com. It did a good job, but this also didn't make me interested, because no matter how good you did, can you surpass Amazon?"
Wang Ye shrugged. Of course he knew the limitations of being an Internet company, or the limitations of being an Internet company in China.
That means you can't get out!
There are too many off-market factors that make it difficult for domestic Internet companies to expand globally, even if they do well or excellently.
However, the American Internet companies have no such limitation. Their business starts to face the global market.
So, how could Meigou.com compete with Amazon? Not to mention Meigou.com, even the domestic e-commerce giant Alibaba can't compete at all.
"Then why did you pay attention to Preferred Products?" Wang Ye asked back.
"Because you made THE TOP SHOP, and then you acquired THE TOP SHOP into Huashang International. At that time, I was thinking about what you really want to do. Then, I saw the creation of YouPinPrint! It turned out that you have been in the clothing industry for two years, just for this company."
After Buffett finished speaking, he picked up the wine glass in his hand and drank the red wine in his glass in one go.
Wang Ye didn't know whether to be happy or depressed. He was indeed a stock god. He knew too much about traditional industries and had too sharp eyes.
Now even the shareholders of Huashang International dare not be too optimistic about Premium Products, but Buffett, who is far away in the United States, attaches so much importance to it and firmly believes that this company will have great room for development.
"Then why don't you wait until the Preferred Products are actually made before investing? Wouldn't that be much less risky? Isn't your investment style known for its stability?"
Wang Ye didn't want to transfer part of the equity of Youpin now, because this would be a loss.
Youpin invested 100 billion yuan. Now that Buffett has invested, how do you calculate the valuation?
If it is still calculated based on 10 billion, Wang Ye will definitely not do it.
But if the valuation is too high, it is hard to say, because the current Preferred Products do not have any data to prove its value.
Moreover, Youxuan Youpin is not short of money, so there is no need to rush to introduce new shareholders now.
"No, I don't think investing in Premium now is a rash move, because I have seen the development of this company clearly, and now is the best investment moment."
"I have learned a profound lesson about grasping the timing of investment, so I now understand one truth, that is, to start as soon as possible."
Wang Ye continued to defend: "If you invest in the clothing industry, aren't there any better choices in the world, such as ZARA and Uniqlo."
But Buffett smiled and shook his head: "I didn't see clearly when ZARA was first, but now the price is too expensive and is not a good investment target.
Chapter completed!