Chereads / I Become A Noble in England / Chapter 121 - Chapter 121 Do You Need Funds?

Chapter 121 - Chapter 121 Do You Need Funds?

When the Woaw website's evaluation of Cambridge University girls came to an end in late October, the number of registered users of the website had exceeded 10,000.

In more than forty days, the number of registered users is only more than 10,000, which seems that the development of Woaw website is not very fast.

But you have to know that currently the Woaw website only accepts registrations from students at the University of Cambridge. Furthermore, the number of full-time students at the entire University of Cambridge is less than 20,000. This number is very rare. More than half of the students at the University of Cambridge have registered on the Woaw website, and these are all real-name registered users!

Another data also shows the influence of the Woaw website at this time. According to statistics, since the Woaw website was launched, the number of users who visited the Woaw website as visitors has exceeded 5 million.

Well, another piece of data is that at that time the population of the whole of Britain did not exceed 60 million.

After completing this beautiful student competition, Woaw will begin to expand the registration scope and open registration channels for other British college students.

At present, Woaw has contacted the student unions of schools including Oxford University, Imperial College London, University College London, etc., and is preparing to recruit paid part-time students from various schools and be responsible for reviewing the registered users of the school.

Through the process of open registration at Cambridge University, the Woaw website has gradually figured out a registration process for "students of the school".

When students register, they need to choose their department and grade. Users of the same grade can vote to expel a "stranger" if they find that he or she has joined their department.

Only when disputes arise do the website's reviewers need to intervene and make a ruling.

This greatly reduces the workload of website reviewers and improves the efficiency of user registration and opening.

Woaw Technology expects to open registration to almost all universities in the UK before New Year's Day next year, which will surely usher in an explosive period of website development.

Similarly, in order to attract students to join, after this beauty contest for Cambridge University, there will be another round of beauty contest for universities across the UK. Those who can get the top ten will receive rewards of different amounts.

"Daisy, I heard that you dealt a heavy blow to Sid, and he returned to France heartbroken, is that right?"

Back in London, Barron came to the DS Capital office in the Lloyd's Building and joked when he met Daisy.

"When Sid returned to London a while ago, he came to see me. Barron, you know, he's still the same. This time he came to me with flowers to confess his love..."

"And you scolded him and sent him away? When he called me, he looked like he was about to cry..."

Hearing Barron's words, Daisy shook her head.

"Although what you said is not accurate, it's actually pretty close. I don't want to go on like this. Sid needs to grow up and understand that when a woman rejects someone, she's not playing hard to get, but she really doesn't want to be disturbed. I think this is good for both of us."

Sid was Barron's predecessor's college roommate, and the two had a good relationship. It was through him that he got in touch with Daisy.

After all, although Barron had a good relationship with Daisy in college, Daisy had not started using a mobile phone when they were in school, so only Sid, who had been "keeping an eye on" her, knew Daisy's later number.

I have to say that Sid is indeed very determined. I wonder if he has heard the Chinese saying "A strong woman is afraid of a clingy man", which is why he is so determined to pursue Daisy.

But at this point it seemed that Daisy had absolutely no interest in him.

This kind of thing is their own private matter, and Barron will not ask too much about it.

Obviously, Daisy didn't want to say more about this, so she said,

"Netart's stock performance has been outstanding recently. After my analysis, I think it will rise even faster in the future."

Indeed, by late October, NetEase's stock price had risen by more than 125% compared to when they bought it!

It's just a pity that the stock market cap is too small. The 3 million pounds they purchased previously already accounted for 14.3% of its shares, and they really can't buy more.

"In addition, Amazon's performance is also good. According to our holding cost, it has risen by nearly 50%, and has not been affected by the decline in technology stocks during this period."

Yes, it was during this period that the Nasdaq stock index fell again, hitting a new low in five years.

Baron knew that this would be the lowest stock index for a long time to come, and it was during this period that DS Capital fully invested in U.S. stocks and bought the technology stocks that had been identified previously.

This includes Netflix.

On October 9, Netflix's stock price fell below $5. You know, when they went public at the end of May, the issue price was $15!

Now its stock price has fallen to less than a fraction of its issue price.

It was also during this time that DS Capital began purchasing Netflix shares.

As of now, they already hold 2.586 million shares of Netflix, with a holding cost of US$5.8 per share.

Well, it's not that they don't want to buy more, the main reason is that their current holdings are close to 10% of Netflix's total share capital... Compared with its current market value, the current holdings are already relatively high, and the outstanding shares that they are willing to sell have almost been bought up. If they continue to buy, it would be equivalent to market manipulation, which is purely to drive up the stock price.

It only cost 10 million pounds, Barron was really speechless.

Baron also knew that it would take a long time for Netflix to explode. He was just taking advantage of the plummeting stock price to grab a portion of it. These stocks were destined to be held for a long time.

"You can send someone to contact Netflix and ask Mr. Hastings if his company needs funds. We can provide him with some funds. Well, he just needs to issue some additional shares to us."

Since it is difficult to buy Netflix shares from the secondary market, Baron decided to raise funds directly from Netflix and obtain their additional shares.

Well, although both are investment companies, Daisy and Amber Sheehan are responsible for different things within DS Capital.

Daisy is in charge of the securities investment department. If it involves investment in company shares, then this department is mainly focused on buying stocks in the secondary market.

However, Netflix is ​​a listed company, so if Daisy directly participates in their financing and obtains private placement shares, it will also be done by Daisy's securities investment department.

The industrial investment department that Amber Sheehan is in charge of mainly has two branches - DS Industrial Investment Company (DSIIC) and DS Asset Management Company (DSAMC).

The former targets equity investment in start-ups and other unlisted companies, while the latter mainly targets investment in real estate and wholly-owned companies.

"Okay, I'll contact them first... We had contact with them before when we increased our holdings of their stocks."

According to U.S. stock regulations, when an institution purchases 5% or an integer multiple of the circulating stocks in the secondary market, it needs to "raise the sign" to explain its intentions.

Therefore, whether it was the purchase of NetEase shares or Netflix shares, DS Capital had disclosed the holding of the placard, indicating that it was only making normal financial investments and had no intention of acquiring the company or seeking controlling stakes.

Through previous investments, Barron's judgment has been highly recognized by Daisy - after all, facts have proved that his judgment has always been very correct.

So after he specifically mentioned something about Netflix - which showed that he was still optimistic about Netflix, Daisy secretly kept it in mind and planned to contact Netflix in the United States to find out if they had any funding needs.