Domination in America, Starting from being a Boxing Champion

Link had heard of him before, but the man had a rather ordinary appearance, standing unnoticed among the executives, so Link hadn't paid much attention to him until their first one-on-one conversation today.

"Mike, you don't need to worry about the funds, what you need to do is get as many Netflix shares as possible with the least amount of capital. I, like you, also see great value in Netflix," Link said.

Mike Burns thought for a moment and then proposed a way to acquire more Netflix shares while reducing debt.

Lionsgate Films already owned a video streaming website, CinemaNow, initially part of the Trimark Distribution Company.

In 2006, after Lionsgate Films spent 60 million US dollars to acquire Trimark Distribution Company, the website became one of Lionsgate Films' assets, holding broadcasting rights to many movies and shows under Lionsgate, with over 1.2 million registered members, most of whom were horror movie enthusiasts.

Its current market value was 180 million US dollars, generating tens of millions in revenue for the company each year.

Netflix had previously approached Lionsgate with an acquisition offer, but the parties had not agreed on a price.

Burns suggested using the CinemaNow website's resources to exchange for a portion of Netflix's shares. Although CinemaNow was profitable annually, it was not very competitive in the video streaming industry.

Using this website to gain a position on Netflix's board of directors was a worthwhile trade.

Link thought about it and agreed, considering the future of the video streaming industry was heading towards fee-based services and mergers, where competition was fierce, and the bigger players devoured the smaller ones.

Given CinemaNow's scale, surviving in the fierce competition would be difficult, and Lionsgate Films was a content creator, not a video streaming platform.

Taking advantage of its current value to exchange for shares in the industry leader, Netflix, was indeed worth considering.

Link approved Burns' proposal and asked him to draft a plan for next week's work meeting, which he and Ivanka would work to pass.

"Alright, boss!"

Michael Burns did not bother with small talk and promptly got up to leave.

As Link was seeing him out of the villa, he saw Scott Stuber and his wife taking a lively walk with a large group of dogs in front of the neighbor's house.

Link greeted them and casually inquired about Netflix's situation.

Stuber, the head of Netflix's film division and a minor shareholder, held about 2.3% of Netflix's shares.

When asked about Netflix, Stuber's face stiffened, indicating things were not optimistic.

After Netflix announced its fees, it faced obstacles from several major short sellers in the stock market, causing its stock price to plummet. However, Stuber believed that Netflix's current difficulties were temporary and that as long as people enjoyed watching movies, Netflix would not go under.

He advised Link not to believe the rumors in the newspapers that Netflix was about to go bankrupt; those were false flags raised by the short sellers to trick shareholders into selling their Netflix shares and depress its stock value.

Link nodded in agreement and proposed his plan to invest in Netflix, asking for Stuber's opinion.

"What? You want to invest in Netflix? And you're planning to buy more shares?"

Hearing this, Scott Stuber's face suddenly changed.

"Yes, is there a problem?" Link asked in confusion. With Netflix's stock price plummeting, his investment as a billionaire should be helping Netflix, but Stuber seemed to think otherwise.

"Link, why would you want to invest in Netflix? Think about it again, this might not be a good idea," Stuber said, his brow furrowed.

No wonder he was worried, especially since Link's reputation in the investment circle had become increasingly bad.

The issue started when he exchanged 16.5% of his Twitter shares for 5.3% of NVIDIA and some Lionsgate Films shares between March and April.

Now, with Twitter's market value surpassing $10 billion, 16% of Twitter's shares amounted to more than $1.6 billion.

Since then, NVIDIA's stock price had taken a severe hit, plunging from around $14.8 billion to approximately $8.5 billion. The 5.3% NVIDIA shares were now worth less than five hundred million, and after Lionsgate Films went off the market, the value of those shares dropped even more, only worth three to four hundred million.

The Wall Street Journal estimated that if Link hadn't sold his Twitter shares between March and April, his net worth would have comfortably exceeded four billion US dollars.

Because of his erroneous decision, he lost nearly a billion dollars. With Twitter's stock price continuing to rise, the losses on this investment were growing, potentially amounting to tens or even hundreds of billions.

Because of this, Link went from being last year's investment genius to "Blind Link" and "Boxing Link."

Rumors claimed that any company or stock Link favored would spiral downwards like NVIDIA did. Tesla was still doing well, but that was not expected to last.

Now, with Link suddenly saying he wanted to invest in Netflix, Stuber was a bit panicked. Netflix was already in a challenging situation, its value having shrunk by seventy percent. Being favored by Link could only make matters worse.

But he couldn't refuse.

Given Netflix's poor situation, with shareholders and investors rapidly dumping shares, the market was flooded with Netflix shares urgently needing transactions.

As a capitalist, Link was impossible to refuse. Additionally, his proposal to use the CinemaNow streaming site to swap shares was very beneficial for increasing Netflix's stock price, so the board would not refuse either.

"Ha ha, Link, although I don't approve of your investment judgment, I think you've made a very sound decision in investing in Netflix. On behalf of Netflix, I welcome you as an investor," Stuber said with a forced smile.

He couldn't be unwelcome; according to Link's plan, investing in Netflix could potentially make him a major shareholder.