章 247: Chapter 247 IvanCa Capital
Of course, Barron's conditions are still very attractive to girls. He is young, handsome, wealthy, and especially has the status of a Duke in England.
But considering Ivanta's background, she would be like an ordinary girl, just hoping to have a simple friendship with him, so she took the initiative to approach him...
Not to mention that it has been more than a year and a half since he came to this world, Barron has always been in the current top class and has long been accustomed to his current life.
Even based on his experience in his previous life, he would not have such a naive idea.
"Are you interested in investing?"
Hearing Barron's question, Ivanta said hesitantly:
"Yes, there are some, but I'm still in school..."
"Practice is the best teacher, and at the beginning, you don't need to make any decisions, just invest in the project according to what I say."
"Can I...?"
Although there was still some uncertainty in Ivanta's words, it could be seen from her eyes that she was quite looking forward to it.
"You can give it a try. If you have any questions, just ask me. And those specific matters can be handed over to professionals..."
"Then I can try it. You're so nice, dear."
Ivanta hugged Barron's neck, kissed him, and said happily.
Next, Barron told her his plan.
He will register a company called IvanCa Capital, which is an offshore investment company. The registrant of the company is not Barron himself, but the control of the company will be in Barron's hands.
Ivanta will serve as the CEO of IvanCa Capital.
The reason for this name is that it is only one letter different from Ivanta's name, but the pronunciation is the same, so it is easy for people to mistakenly think that this company is owned by Ivanta's family - Ivanta and her family are probably happy to be misunderstood in this way, especially if this company can have some successful investment projects.
After all, at this time, although her family was well-known in the United States, they actually had a lot of debts - next year, the company under Comrade Jianguo's name would once again face bankruptcy...
And if the name IvanCa Capital has the same pronunciation as Ivan Tower, then the Ca at the end can also represent Barron's last name Cavendish.
Perhaps even if there was some utilitarian purpose behind it, Ivanta still had a good impression of Barron. And now, after the two of them had a real relationship, it was inevitable that she would behave like a little woman.
Therefore, after hearing that the name of the investment company that she will manage in the future is a combination of the two of them, she still smiled sweetly.
The first project that Barron plans to let Ivan Tower invest in on behalf of IvanCa Capital is MySpace!
That's right, it is Woaw's biggest competitor in America at this time.
Baron himself would naturally not make this kind of investment directly, because MySpace is not an ordinary startup company and has the support of its parent company.
MySpace's parent company is Intermix Media, a fairly powerful Internet company. If we make a comparison, Intermix Media is a bit similar to China's 3721 Company, the company that uses rogue software for marketing.
At that time, what Intermix Media Company did most was similar, which was to send spam to countless mailboxes, conduct advertising marketing, and make profits.
MySpace was also a project they followed. Initially, it was also carried out for the purpose of collecting more user information. At that time, Intermix did not pay much attention to MySpace, and it was impossible for it to invest more. If someone was willing to invest, I am afraid they would support it with both hands.
So why would Barron want to invest in his "competitors" in this way?
Because in fact, with the development of social networking sites, it is impossible for Woaw to dominate the market, and competitors will always exist.
When a track is hot, capital will flow there. If you can't invest in Woaw, can you invest in other tracks? For example, MySpace.
Therefore, even if Baron did not invest, there would be other venture capital firms that would invest in MySpace, especially when the styles of the two companies are different and MySpace's popularity to a certain extent would be unstoppable.
Why do I say that? Because the interface of the Woaw website is more similar to the later Facebook, which is relatively simple and smooth. This makes the Woaw website popular with many college students and netizens with higher education, who are also the main body of the Internet at that time.
As for MySpace, its technical strength was not high at the beginning, and the founder of this website even used to run a not very healthy website...
The result is the MySpace interface. Because their website program is so simple, users can even change the size and color of the displayed font through some simple codes.
This has instead attracted younger groups who are pursuing individuality, such as high school students and some college students.
There is even special open source software to help them "decorate" their MySpace homepage...
In this regard, some of MySpace's user groups are destined to be difficult for Woaw to attract at this time, so to some extent, there are some differences between the two.
There is absolutely no need for Barron to suppress MySpace. Without this website, other competitors are bound to emerge, just like Facebook, which may or may not be launched in this world.
He also knew that in 2005, Murdoch's News Corporation would acquire MySpace for a whopping $580 million. In that case, why not invest in this company through IvanCa Capital in the name of Ivan Tower and make a fortune in more than a year?
What's even more interesting is that it was Murdoch's Chinese-American wife, Wendy Deng, who urged him to acquire MySpace. It is said that Wendy Deng also had an affair with the founder of MySpace…
Later, Ivanta had a good relationship with Deng Wendi, and the two could be said to be best friends.
In this way, with Ivanta investing in MySpace, it would be easier to ensure that News Corporation completes the acquisition of MySpace.
Of course, there was no need for Barron to tell Ivanta all these things.
"Invest in MySpace? Isn't that a competitor to your Woaw site?"
Sure enough, Ivanta had this question, but it also showed that she did have some understanding of social networking sites like Woaw.
"Yes, baby. You know, although Woaw has the support of Sequoia Capital, it is not a native American social networking site after all. Moreover, it is impossible to completely kill off competitors in this field. Therefore, judging from the current situation, the development of MySpace is still very promising."
Barron held the girl in his arms and explained to her:
"However, it is not convenient for me to invest in MySpace myself, so I will use IvanCa Capital to invest. This investment company will invest entirely in your name, and when the time is right, you will also receive equity rewards from the management and become a shareholder of the company."
Of course, at this time Barron did not forget to make promises to the girl... It can't be said to be a complete promise. In fact, Barron also had this plan. After all, if he was just a nominal manager, there was no guarantee that the interests of the two would be firmly bound together. Moreover, Ivanta herself was one of the heirs to the family group. When she reached a certain age, she could return to work in the family company.
Then becoming a shareholder of IvanCa Capital and owning a certain amount of equity is different. She is also willing to have her own career outside of the family, especially in a field with extremely high exposure such as Internet technology. Becoming a successful investor can also add a certain amount to her identity.
Sure enough, after Barron's explanation, Ivanta became very interested and began to discuss with him how to invest in MySpace.
The company's preparations will also be quick. Once the funds are in place, all it will actually need is a simple office location and for Ivanta to hire a few employees. After all, she is still a student, and the only project that needs investment is MySpace.
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