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Chapter 127 - Chapter 125 Sports Media

Just yesterday day kyle got to know a piece of hot news:-

Under Armour Sporting Goods, founded by former Maryland football star Kevin Plank, is struggling and in desperate need of capital investment.

"Fuck!"

Well, forgive Kyle for snapping at this point.

Although Kyle is a billionaire now, he is still a loser at heart, so it is natural for him to swear.

Under Armour?

Under Armour Sporting Goods Company?

Having frequently watched the NBA in his past life, Kyle was certainly aware of a sporting goods company in the United States. Its biggest star signing was none other than Stephen Curry, the NBA star known as "Curry Day." Other stars it also signed included Brandon Jennings, Kemba Walker, and Raymond Felton.

In the data provided by the system, Kyle quietly saw some of its future development trajectories.

Yes, it is indeed not as strong as Adidas and Nike in the sports market.

Its market value is far less than that of the two giants Adidas and Nike, but with a market value of US$4.3 billion in 2020, it is still a very delicious piece of cake.

The fragrant kind!

"Entertainment Media Group,

In addition to industries such as film, television, animation, music, and merchandise chains, it is often necessary to have related industries such as sports and books, after all, they themselves belong to the pan-entertainment category. "

"If I could acquire shares in, or even directly acquire Under Armour, it would definitely fill a gap in the sports market that Jinshuguang Entertainment Group is lacking."

For a moment, Kyle thought a lot.

Acquiring or investing in Under Armour is totally feasible!

You are short of money, right? I have it!

The most important thing is that Under Armour's current market value is really not high, and it is still a long way from being listed on the US stock market.

If the acquisition is successful, Kyle can fully utilise the advantages of the time traveller to the maximum extent, and include those newcomers who have not yet made a breakthrough in the NBA, or sign those future young stars who have not yet entered the NBA, such as LeBron James or even Yao Ming.

If you don't think about it, you won't know. Once you think about it, you will be shocked!

Kyle suddenly realised: "There is definitely a future for sporting goods!"

Just do it when you think of it!

Kyle is self-aware and understands his weaknesses, but he still has one outstanding quality, which is that he is calculating and hardworking.

At that moment, he immediately contacted private lawyer Paul Goodman and once again commissioned him to investigate the company to learn more about Under Armour Sporting Goods Company.

"Lawyer Paul, I'm leaving this matter to you. Oh, you mean time? Of course, the sooner the better. Okay, let's do this for now. After this is done, I'll cover all the expenses for your trip to Hawaii."

Kyle hung up the phone with a smile.

...

After hanging up the phone, Kyle, who was alone in the villa, became a little agitated again.

"Shouldn't we celebrate at this time?"

Immediately, Kyle packed up and drove to find Jessica Chastain.

This night~

There are not many roads to Pengshan, and the bluebird is eager to visit.

This night~

The flower path has never been swept for guests, and the door is now open for you.

....

The next day.

Kyle slept until noon and after having dinner with Jessica Chastain, he went to Silicon Valley according to the planned itinerary.

ICQ, a company located in Silicon Valley, will hold a board meeting today. In addition to the management team led by Weisger reporting on recent work results to the board, the most important thing is to hold a seminar on the issue of listing on the US stock market.

Will it be listed in the near future, or will it be planned for one or two years?

This is a question that deserves consideration by all board shareholders!

At this meeting, a heated argument broke out between the company's CEO, Weisger, and Microsoft's shareholder representatives.

A Microsoft representative said: "I don't agree with planning an IPO in the near future!"

"hehe!"

CEO Weisger sneered, "Of course you, Microsoft, don't want ICQ to go public so soon. After all, Netscape's tragic end is right before our eyes!"

"You...what do you mean? Don't forget that Microsoft is also a shareholder of ICQ. Would we allow ourselves to suffer losses? Weisger, you have to understand that ICQ is still unprofitable. If we rush to go public, the market value will definitely be lower than we expected."

The Microsoft representative's powerful words immediately caused everyone in the conference room to murmur.

Representatives from Goldman Sachs, News Corporation, Sequoia Capital and other parties began to whisper.

"Snort!"

CEO Weisger snorted coldly, "Laws, let me be frank. Isn't Microsoft already developing instant messaging software? Netscape's browser was defeated by your rogue tactics of forcing IE pre-installation, and is now on the verge of collapse."

"So can I say that your Microsoft instant messaging software is also planning to use rogue tactics to fight ICQ?!"

As soon as the words fell, the entire conference room exploded!

The representatives of various investment institutions present are all damn smart people.

They still don't understand Microsoft's little tricks. It seems like you are planning to leave us alone and play alone!

In an instant, representatives from Goldman Sachs, News Corporation, Sequoia Capital and others could no longer sit still.

The Goldman Sachs representative said loudly: "It must be listed in the near future."

The Sequoia Capital representative agreed, "I agree. I will report the news to the Sequoia Capital board of directors as soon as possible and I will convince them."

Once ICQ goes public, it will surely be able to obtain sufficient development funds and grow stronger in the shortest possible time. By then, even if Microsoft uses rogue tactics again, ICQ will not be completely powerless to fight back.

As for Kyle?

Hehe~

Of course I agree!

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