Chapter 1111 Investment is about profit
"Okay, don't be angry, the first overseas funds have been approved by the bank and entered the country, about 500 million US dollars. So we have enough money to keep 20% of our shares. Yang Dongxu comforted.
"But that's not ......"
"I know that this is making a wedding dress for Ma Fengyun, so let's make him proud for a while. Yang Dongxu had a meaningful smile on his face.
Although Ma Fengyun's trick operation was a bit unexpected, it was also reasonable. After all, this is a person who can use all kinds of manipulations to get rid of Yahu Yang and Softbank, who are firmly sucked on his body, after Ali became stronger.
It is amazing to suddenly show this hand now, but it is very in line with Ma Fengyun's coquettish position.
However, Yang Dongxu is obviously not a master who suffers losses and does not fight back. Originally, he thought that the stall in his hand was too big to dig a pit.
Since you can't get rid of the problem of being greedy when you see a project that can make money, then get an investment department and invest money in those projects that are optimistic about it, except for reviewing the accounts.
But since he was amazed by Ma Fengyun's commotion, some plans undoubtedly need to be adjusted. For example, other investment projects still only invest money and audit accounts, but Jingdong's investment projects give more resources in addition to investing money.
Since he can use the resources in his hand to surround Ali, these resources can undoubtedly also be used on Jingdong. That *face blind and unaware of his wife's beauty *dong* was originally very good in personal strength, and with so many resources in his hands, he was not short of money, so it would definitely be more exciting after fighting with Ma Fengyun.
And no matter how coquettish Ma Fengyun is, as long as Yang Dongxu still controls the aircraft carrier Alipay. In the end, he could only cast a rat trap.
And Ma Fengyun also sees this very clearly. But the problem now is that without Alipay, the aircraft carrier, he will collapse himself, so he can only subtract some battleship henchmen arranged by Yang Dongxu from the periphery first, and he can only take one step at a time for Alipay.
If Chen Daqiao took $60 million in financing from Yang Dongxu, it was the beginning, and then Ma Fengyun dropped a nuclear bomb.
Then the value of the Internet's successive financings is as spectacular as the Great Migration of Animals. In just a few months, various companies with tech titles have sprung up like mushrooms after a rain.
"You want to invest in Baidu?" Chen Xin looked at Yang Dongxu in surprise.
If she understands Rising Sun Technology's investment in Jingdong, after all, Ma Fengyun's approach is indeed quite disgusting. Investing in Suning can also be understood, although they are all supermarket chains.
However, Millennium is taking the road of a large comprehensive supermarket, and Suning seems to plan to go down the road of electrical appliances together. Gome is too strong now, and you don't want to send money, so if you are optimistic about the electrical industry, it is indeed good to invest in Suning.
But she really can't figure it out when she invests in Baidu. You must know that after following Yang Dongxu for so long, sometimes the two of them also chat with each other to talk about the advantages and disadvantages of companies in various industries in the current market. It seems that Yang Dongxu has always looked down on Baidu, and even a little repulsion and disgust.
And while doing its own search engine in the past two years, Baidu not only imitated 361's post bar. And it seems that he is also planning to make a web game, and even someone came into contact with Qiu Bosong of 361 some time ago. The implication is that he wants to acquire 361.
At the same time, when 361 was expanding rapidly, the two companies were still competitors when they acquired 123 browser. So no matter how you analyze it, Yang Dongxu doesn't seem to have any reason to invest in Baidu.
"What does the Glorious Sun Technology Investment Department do?" Yang Dongxu asked with a smile.
"It's an investment!" Chen Xin replied.
"From an investment point of view, do you think Baidu has investment value?" Yang Dongxu continued to ask.
"This ......" Chen Xin was stunned for a moment.
Then I realized that investment is a business, and the measure of whether to invest is whether you can make a profit in this investment. It's not about whether you like the investment or not.
Of course, if you have money and willfulness, then no one else can say anything, but then you can't be a qualified businessman.
And Baidu is undoubtedly a very good investment object now, after all, as the largest search engine in China. The development in the past two years has been very fast.
No matter how the PPC of other people's ads will be scolded in the future, there is one thing you have to admit. They are indeed developing very well, with a market value of more than 80 billion at the peak and it is US dollars. Even if the market value fell later, it was above 60 billion. It's definitely a very lucrative investment.
And at this time, Baidu can only be at the level of paving the way for a large amount of financing before listing, which is undoubtedly a good time to enter the market, because as long as it can be listed, everyone knows that the return on investment is doubled.
So now it's not a question of whether Glorious Sun Investment likes to invest in Baidu, but why people choose you when competing with several others.
"Set the highest price and try to get as many shares as possible. And we only need the right to dividends, not voting rights, and we only need shares for five years.
Within five years, if Baidu is unwilling, I will not sell a little bit of the shares. And if they agree to my shot, Baidu has the right of first refusal at the same price.
But within five years, if they can't come up with a suitable increase to buy back my shares. Then the shares in my hand will have the right to vote, and what to do with it is my freedom. Yang Dongxu told Chen Xin about the general requirements of investing in Baidu.
Of course, these are the bottom line, and when the time comes, we will definitely try our best to strive for their own interests on the premise of holding the original shares of Baidu. It's impossible to throw all these hole cards out as soon as you come up.
"Are you very optimistic about Baidu's development in the next five years?" asked Chen Xin a little strangely.
Because as soon as these hole cards are laid out, Yang Dongxu's purpose is obvious. It is for Baidu to develop very well in the next five years, and then let the shares in his hand appreciate. Rather than rushing to become a shareholder and then replace him.
"It's not that I'm only optimistic about Baidu's development in the next five years, but I feel that I have earned enough in five years, so there is no need to be too greedy. Yang Dongxu shrugged.
Five years will certainly not be able to maximize this investment, but Yang Dongxu feels that it is already worth it. I own my own Internet company, and it has developed very well and has a good reputation, so there is no need to keep up with it.
"I'm going to ask people to collect information as soon as possible and contact Baidu, how many shares are we going to take?" asked Chen Xin.
She knew that she had to adjust her mentality as soon as possible as Yang Dongxu's lover. That everything must be centered on Yang Dongxu, hating what he hates and likes what he likes.
As the head of the investment department, she must have the due professionalism. When thinking about the problem, we should take investment profit as the starting point, rather than Yang Dongxu likes this and doesn't like that.
If Yang Dongxu really hates something and doesn't want to invest, then as a big boss, he has a veto. However, as the head of the investment department, valuable investment projects must be screened well, and even the planning work must be done well. As for whether to vote in the end or not, that's another matter.
"The more the merrier. And as long as the investment is successful, in the next three years, no matter how Baidu raises funds, we will follow up to ensure that the shares in our hands will not be diluted. That is to say, in the next three years, it is best to increase the number of Baidu stocks in our hands, and try not to reduce them without special circumstances.
Of course, this is only a general strategy, and it depends on the situation. Maybe Baidu didn't want people to share the cake, and they didn't know where to get the money before going public, and they wanted to reclaim the shares in our hands. As long as he asks a high enough price, we'll sell it too. ”
Five years is actually a general concept, and the message is that Glorious Sun Investment only wants to invest and make money, and is not interested in Baidu's controlling stake or share voting rights.
This is an advantage point in the next investment negotiations, after all, as entrepreneurs, many people like to eat alone in their hearts, and Boss Li is naturally no exception. Therefore, with this advantage point and other investment competition, Glorious Sun Investment can take the lead.
As for whether to really hold the shares for five years, that is a matter that can be considered flexibly. Although the sale of shares in hand requires Baidu's consent, this is another advantage, and it must be written into the contract.
But if you don't make a move, you can mortgage it! In short, there are a lot of small routines in it, and it's not that there is no room for operation if the contract is rigid.
"I see. Chen Xin nodded, this is undoubtedly the first project she has invested in since the establishment of this investment department.
And it is a big project, with an investment amount of hundreds of millions. After all, as one of the largest search engines in China, although it is still in a temporary disadvantage in the fierce competition with Yahu Yang. But if you want to invest in Baidu, you obviously can't pay a price, after all, where is the current base of people.
"Don't put too much pressure, I said hello to Ye Rongrong. He will draw a few elite soldiers from Dongxu Technology to come over to you as assistants.
When the time comes, you just need to control the people and the project review and the funding. The rest is done directly by the professionals. We suffer a lot by not letting them work with so much salary. Seeing that Chen Xin's face was very serious, Yang Dongxu comforted.
"Then I'll go down and get busy. ”
Looking at Chen Xin who was leaving, Yang Dongxu's originally outstretched hand was withdrawn awkwardly and touched his nose. I originally wanted to give her a loving hug.
But Chen Xin, who seems to know where his problems are, obviously made the initial adjustment is that he is ready to resolutely implement the working relationship between his superiors and subordinates in the company, and does not want to have any intimate contact with him. This made Yang Dongxu feel that he was a bit of a stone to shoot himself in the foot.
"Go home and clean you up. Yang Dongxu couldn't help muttering.
Then go back to your desk and sit down, pulling out a file.
Google, Oracle, Amazon...... Domestic investment is now allowing Chen Xin to take over after a little bit of smoothing out. But these foreign investments still need to be done by him.
In particular, many of these shares are facing the same problem as when they withdrew from SoftBank before - the United States will never allow a large company, or even a company that has begun to step into the ranks of quasi-giants, is a major Chinese person.
So even if you are unwilling, these shares still have to be disposed of.