The Wolf of Los Angeles

[Chapter 217: Preparations for the Deal]

In the reception room on the fourth floor of Twitter, Emma Batson and her assistant sat on the sofa, looking at Hawke and Edward across from them.

She instructed her assistant to hand over the drafted proposal to Hawke, saying, "We invited a third-party professional firm to evaluate Twitter, and the valuation came out to $1.2 billion."

Hawke didn't look at the proposal; he replied directly, "That's too low."

Emma cut to the chase: "Twitter has a large number of active users, but it has only been around for six months and hasn't found a stable revenue stream. It will operate at a loss for several years to come."

Hawke countered, "Users represent all the possibilities for the future."

"But we can't calculate it that way for the investors; we also need to assess investment returns." The proposal she held was drafted by BlackRock's San Francisco office, and she was only acting as a communication bridge. "Hawke, could you at least listen to the offer first?"

Hawke nodded slightly, "Alright."

Emma continued, "BlackRock's San Francisco office is willing to acquire half of your Twitter shares for $500 million, and you would remain the CEO of Twitter, with no interference in day-to-day operations."