Chapter 391: NVIDIA Shares
Added 2024-09-10 04:30:08 +0000 UTCAfter seeing Ms. Anna off, Link jumped off the deck into the sea for a swim. Sasaki Nozomi watched for a while from the deck, then let out a light cry and jumped in after him.
Her swimming skills were good, and her long legs looked graceful as she swam, but her stamina was limited. After a while, she ran out of energy, and Link took her diving into the seabed, trying to imitate the action of ML in a small movie.
After trying a few times, the experience was not good, so they went back to the yacht.
After living at sea for a few days, the troubles in his mind were evaporated by the sun, and his whole person also recovered some spirit.
In late March, he flew back to New York.
Xi sauce still lives in Miami, a magnitude 9 earthquake occurred in the northeastern Pacific region of Japan in early March, resulting in the leakage of radioactive materials from two nuclear power plants in Fukushima to the outside, causing panic among the Japanese people.
At this stage, the crisis has not yet been lifted, the surrounding areas are seriously polluted, and it is safer for Xijiang to live here.
As soon as Link returned to New York, he received good news from Ms. Cathy Wood that State Street Capital, the fourth largest shareholder of Nvidia, agreed to transfer 3.72% of its shares for $550 million.
State Street Capital also proposed a way to trade, using his Twitter shares in exchange.
The current market value of Twitter is less than 500 million US dollars, about one-third of Nvidia, so he needs to exchange about 12.7% of Twitter shares.
After the third round of financing, Link had only 14.5% of Twitter shares left.
If the deal is agreed, his Twitter stock will fall below 3%.
Link asks Cathy to continue negotiating with them.
The market value of Nvidia is currently higher than Twitter, but Twitter's development speed is much faster than Nvidia's, and its market value just exceeded 1 billion at the beginning of last year, exceeded 2 billion in August, and successfully broke through 4 billion after three rounds of financing at the beginning of the year, and is expected to reach 10 billion US dollars by the end of the year.
Twitter plans to go public next year, will this company become the next Facebook, a 100 billion company?
Many investment banks on Wall Street gave an affirmative answer.
Professional media such as The Wall Street Journal also expressed great affirmation of Twitter's development, believing that Twitter is playing a great role in the social field, and Link has more than 80 million fans on the Twitter platform, and is also the most popular celebrity on major social platforms.
It also shows that Twitter has a lot of potential.
This has also aroused the enthusiasm of investors, since the beginning of Twitter's third round of financing, many consortia and investors want to get Twitter stock, resulting in a continuous increase in Twitter's market value.
The shares in the hands of the second largest shareholder, Link, have also become a sweet pastry in the eyes of the consortium.
Under the current situation, it is not appropriate to exchange Nvidia shares at normal market prices.
After several rounds of consultations, State Street Capital proposed to exchange 11.3% of Twitter shares, which is their bottom line.
After thinking about it, Link chose to trade, using 9.3% of Twitter shares, as well as 80 million cash and securities, in exchange for 3.72% of Nvidia shares in the hands of State Street Capital.
Although Twitter's market value once exceeded 200 billion US dollars after listing, it did not make progress in promotion and advertising profits, and it gradually fell behind in the competition with platforms such as Facebook, ins, and Weibo, and there was a deficit of hundreds of millions of dollars for many years.
This has also led to a large reduction in Twitter users and a sharp decline in market capitalization.
In 2022, Musk invested 44 billion US dollars to fully acquire Twitter, which is also related to Twitter's poor management.
Nvidia's market value successfully exceeded 100 billion in 2023, becoming the fifth American Internet technology giant to enter the 'trillion club' after Apple, Microsoft, Google and Amazon, and its market value exceeded 2 trillion in 24 years, and its potential is greater than Twitter.
After the transaction, Link holds a total of 5.3% of Nvidia shares.
Among them, 1.6% of the shares were bought by Ms. Cathy and the investment team from the stock market and other shareholders, spending more than 200 million of his cash reserves.
After taking 5.3% of Nvidia's shares, Link became Nvidia's sixth-largest shareholder.
The first is Vanguard Asset Management, which holds about 13.31%, the second is Bellett Investment Company about 12.1%, the third is Fidelity Management and Research Company 8.6%, the fourth is Nvidia founder Jason Huang 8.2%, and the fifth is State Street Capital 5.8%.
When trading, Link did not hold Nvidia shares in his personal name, he used the name of Golden Shell Investment Management Company.
The company, founded in early December last year, manages all of Link's U.S. company stock, including 16.2% of Tesla, 5.3% of Nvidia, 5.2% of Twitter, and 0.004% of Amazon, with a total market capitalization of about $1.9 billion.
Link serves as chairman of Golden Shell Investment, with a 98% stake.
Ms. Cathy Wood holds 1%, and other management of the company holds about 1%.
The company's main businesses include financial and tax consulting, investment consulting, financial and tax agency, asset custody, industrial investment, investment information consulting, etc., and also accepts investment from other customers, with an entry threshold of 10 million US dollars.
"I have 30 million in my account, how about handing it over to Golden Shell Capital?"
At the dinner table, Ivanka asked, forking a strawberry.
"Investing is risky, and you need to be prepared to lose money before you go down." Link said, eating bread.
"It doesn't matter, with link music, I don't have to worry about running out of money, and the Wall Street Journal praised you for having a very keen vision and insight in investment, I believe you."
Ivanka said.
Link smiled lightly.
The recent exchange of shares between Golden Shell Investment and State Street Capital has attracted the attention of many people on Wall Street.
The nearly $1 billion deal isn't much on Wall Street, but because of his celebrity involvement, it's become a hot topic.
It is also because Twitter has good development prospects and belongs to popular stocks.
Nvidia went public in 1999, and its market value once exceeded 20 billion in 2003, fell to 15 billion US dollars in 2005 due to the failure of market decision-making, fell below 10 billion US dollars during the 2008 financial crisis, and recovered slightly in the past two years, but failed to enter the mobile phone field last year, and its market value fell again, and the current market value is less than 150 billion US dollars, which belongs to unpopular stocks.
Using big hits for unpopular ones is clearly an improper operation.
At the time of the transaction, most media believed that Golden Shell used the stock of a company with unlimited potential in exchange for an unpopular stock, which was a wrong decision, saying that Link would definitely regret it after Twitter went public, and would also suffer a big loss in this transaction and become a Waterloo in his life.
However, a few media outlets supported his decision.
For example, the Wall Street Journal reported that the US stock market has experienced two financial crises caused by the virtual economy in ten years, resulting in high risks and uncertainties in the virtual economy.
Link's move to invest from the Internet to the more physical chip maker Nvidia is a good way to avoid risk.
He did not explain the outside comments, good or bad.
After owning a large amount of Tesla and a large amount of Nvidia shares, he felt a lot more at ease, and now he only needs to grasp these two stocks, do not operate randomly, and after ten years, his net worth will be at least tens of billions.
With tens of billions of net worth, it is also the top of the pyramid in the United States, and the rest is to live a stable life, marry a capable xiannei helper, and have a bunch of heirs, and this life will be complete.
Link looked at Miss Ivanka, who was wearing blond hair and cold and dignified, and suddenly felt that marrying her was also a good choice.
"Is there a problem?"
Ivanka touched the corner of her lips with her finger to see if there was any jam on her face.
"If we get married, will you change your name to Ivanka Baker?"
Link laughed.
Ivanka looked at him in surprise and said expressionlessly, "Yes, as long as you propose to me first."
"How many children are you willing to have after marriage?"
Link continued to ask.
"How many do you want?"
"What about ten?"
"Ten?!"
Ivanka frowned and said lightly, "As long as you don't get bored, I have no problem."
Link smiled lightly and continued to eat breakfast.
"What exactly do you want to say?"
Ivanka stared at him and asked.
"Can we have children before we get married?"
"Absolutely not, don't even think about it."
Ivanka said coldly.
Link nodded, deciding not to take the risk, and lost a lot of money on Taylor.
Encountering the equally strong and independent Ivanka, doing this again, it is probably himself who will suffer in the end.
(End of chapter)