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Who says foreigners don’t rely on their parents? Today I was truly shocked by a “foreign dad.”
Someone asked, what is the hardest “backing” in this world? Today I saw it — your own father directly pulling out 40.4 billion USD (note, USD) to personally guarantee you.
Take the Oracle boss, Larry Ellison, who is over 80 years old. His son, David, is focused on making movies and doesn’t want to take over his dad’s software empire. Instead, he started his own company, Paramount.
Now that his son is successful and ambitious, he wants to swallow Warner Bros.
The old-school Warner board members are worried: You’re just a young kid, making such big promises. Is the money reliable? What if your trust fund suddenly pulls out? We’d be finished.
They got stuck in negotiations.
Then, the father stepped in.
Old Ellison said nothing much, and directly put one-sixth of his net worth on the table — 40.4 billion USD, personally unlimited joint liability guarantee. He also promised that his assets would not move a single cent during the transaction.
Suddenly, the entire negotiation table fell silent.
All distrust and doubts, in the face of these numbers that refresh cognition, became a joke.
Is this an acquisition?
No, it’s clearly an old father declaring to the whole world:
My son doesn’t want to run my business? That’s okay.
What he wants to do is my business.
His dreams, I will pay for. Even if that dream is priceless.
What is fatherly love like a mountain?
In the past, I thought it was about shielding you from wind and rain. Now I understand — there is a kind of fatherly love that directly buys the wind and rain, and makes it your background. $SOL