Chapter 703 This trade-off

Su Yehao lived in the ranch with Nong Qingying.

In the next two days, I helped to sort out the management of the n3 ranch, and found that such a large ranch only raised more than 3,000 cattle.

I thought more than 3,000 cows were a lot, but compared to the vast area of ​​the pasture, it actually only occupies a small part of the space.

According to the old local staff.

This is mainly because the previous owner did not have sufficient funds. It has been many years since he did not repair the cowshed, purchase machinery and equipment, and did not focus on this land.

In addition, environmental protection agencies also demand to maintain the original local style, otherwise it is likely to issue huge fines.

The n3 ranch is mainly engaged in the business of selling calves to the outside world, that is, using breeding cattle to breed calves, and sell half of them to ranchers in need.

Combined with the proceeds from the wool and farm operations, the total profit per year is only around $1 million.

In addition, tourists are charged for tickets by renting out holiday cabins. Unfortunately, there are too many scenic parks in California, and the tourism business has not been able to develop.

If you really want to make a profit.

Even if the more than 30 million US dollars for the purchase of the ranch are deposited in the bank, the interest will exceed the annual income of the n3 ranch.

This also explains why n3 ranch has been unable to sell before. From the perspective of business, it is undoubtedly not cost-effective.

Fortunately, Su Yehao and Nong Qingying never thought about how much money they would make from this ranch, so there was no difference in their mentality.

After visiting everywhere patiently, Su Yehao felt that his money was too worth it.

Living here is more self-cultivation than going to an island for vacation. The natural scenery everywhere, large oak forests and green grass, and occasionally some raccoons, squirrels, wild boars and other animals can really bring spiritual cleansing. .

Similar to other tours.

The wonderful experience of coming to a foreign land disappeared in just three and a half days.

Poor mobile phone signal, slow Internet access, mosquito bites, and the lack of entertainment, all made Su Yehao find reasons to return to Silicon Valley alone.

As for Nong Qingying, she plans to spend more time in the ranch until she meets with the staff of the Aman Hotel to finalize the site selection for the new hotel.

Compared with spending a lot of money to build a mansion with few opportunities to live in, Su Yehao’s proposal to let her directly build a hotel-style resort is obviously more in line with the situation of n3 ranch.

Owning a big mansion on Barker Road at the top of Hong Kong City, this woman has lost interest in mansions…

The stock market has plummeted in a row, and Silicon Valley is once again shrouded in clouds.

As soon as Su Yehao returned to his mansion in the Atherton area, the butler immediately handed over a large number of documents to him and told him:

“The same situation happened again. I remember that when you came here last time, boss, you also received a lot of letters seeking financing from you. I have received batch after batch of people these days, more than last time, and they obviously listened to Said you were here, so I wanted to try my luck.”

Looking at the two thick stacks of letters in front of him, Su Yehao sighed helplessly:

“No way, starting a business is inherently dangerous, and only a few people can survive. Although the stock market rebounded in the past few months, funds have not flowed into Silicon Valley again. Calculate the time, most of the start-up companies’ funds should soon bottom out. .”

In early March this year, the Nasdaq opened its first round of sharp declines.

After falling by almost two-fifths, the market miraculously recovered and rebounded, attracting a large number of new and old leeks to enter the market to hunt for the bottom. Recently, countless investors have been killed again, and the market is crying.

Different from the shortage of office buildings in the past two years, the current rent in Silicon Valley has dropped a lot. Even near the Atherton area where he lives, there are many luxury houses on Lawn Hill, with billboards that say “for sale”, from the original one-bedroom. Hard to find, become nobody cares.

To say that when I came to Silicon Valley a few times before, the air was filled with the smell of US dollar bills. Now it is like the cold winter and the twelfth lunar month, and the atmosphere is so cold that it makes people expressionless.

This is only September, and many companies have already started laying off employees after news that there will be no bonuses at the end of the year.

On the contrary, headhunting companies are booming, and unemployed programmers, financial practitioners, and hardware engineers are all over the street.

As for the Yanwen Group, this year, it chose to abandon the autumn recruitment plan, and turned to pick and choose in the market, lowering the price to hire some experienced talents.

In order to have a stable job, many rebellious entrepreneurs have become very obedient, and have become more important job-seeking goals than future and salary, which has led to the increasing popularity of large Internet companies.

Pushing the letter to Linda Yun, Su Yehao said to her:

“Help me read it. Behind every letter and document here, there may be a story of sadness and despair. I don’t need to look at it. I can guess that the lines are full of negative energy. Maybe I have been rejected countless times recently. My mood It’s just right, I don’t want to be affected.”

Linda Yun lived comfortably at the n3 ranch. She hardly had to do anything all day. After hearing the question mark on her face, she remembered that she still had to go to work.

She replied listlessly:

“Okay, they’re back on the brink of death, Ahao, you’ve made a lot of money. I haven’t read the market closing data today. Anyway, before I turned off the computer and came back, the Nasdaq fell by 2%, so the current market is not They can’t make money, it’s just that these unlucky **** don’t have your good vision.”

“These entrepreneurs put their chips on the company, which is different from playing investment like me. They can’t realize it in time and can only follow the trend.”

After Su Yehao finished speaking, he asked the housekeeper to lower the temperature of the room, and by the way, help make a cup of green tea.

Although there are a few words of sympathy, it is actually difficult to empathize with him~www.readmtl.com~ With his diversified investment strategy, even if the sky falls, it will not hit him anyway.

Several of the super-rich who were originally ahead of Su Yehao, whose worth has shrunk significantly since the beginning of this year, have been overtaken by him one after another, including Yahoo founder Yang Jieyuan.

In the past six months, many Internet companies have been struggling, trying to make their data more beautiful to attract the attention of investors.

This directly led to the fact that Yanwen Group and Google, which mainly make money through advertising business, far exceeded the level of the same period last year in terms of revenue data, and achieved six consecutive quarters of growth, and the rate was not small.

The total revenue of Yanwen Group in the second quarter of last year was only more than 30 million US dollars, but it rose to more than 90 million US dollars in the second quarter of this year.

Affected by the good news, the total market value remains at around US$12 billion, which is one of the few Internet giants that has controlled the decline within 25% since March.

As for Google.

In the past six months, the number of active users has increased by more than 7 million, and the number of registered users has increased by about 11 million, which is enough to show that the user retention rate is very high, and the performance is so good that the industry is surprised.

Although affected by the drop in Yanwen Group’s share price, Su Yehao’s total net worth was barely the same as at the beginning of the year, and even though he made so much money from short selling, it did not increase.

But judging from the market, one trades off and the other grows, and no loss is equal to a big profit.

“Forbes magazine is counting the latest list of the world’s 500 richest people. It has already sent someone to make an appointment with Su Yehao and is going to do a face-to-face interview.

If nothing else, this year should have been in the top 15.

Second only to Microsoft’s Bill Gates, Oracle’s Larry Ellison, Microsoft’s Paul Allen, Warren Buffett, and siblings of the Walmart family…