While he was still in Silicon Valley, Zhou Shi went to Yahoo, and he didn't know what was wrong with Karbats, or he thought that Chinese companies and American companies were the same, and capital could do whatever he wanted. The contradiction between her and Jack Ma is getting bigger and bigger, and Zhou Shi doesn't even need to go to Yahoo to know about it. Fortunately, although he took a stake in Yelp, he was not presumptuous in front of him.

Speaking of which, although Zhou Shi's status in Silicon Valley is still a notch behind Bill Gai and other figures, it is still much higher than most people. He is a member of the board of directors of Amazon, Yahoo, Disney, Guoke Mobile, and Time Holdings (in fact, there is no formal board of directors, just one name), and may also join the board of directors of F&F at the request of investors, and he also directly controls the board of directors of Yelp. Originally, there were more reputations, such as Baidu, but he really didn't have time to ask about Baidu, and finally resigned from his position at Baidu. and although Hastings invited Zhou Shi to join the board of directors, he also rejected Netflix's invitation on the grounds of busy work.

Joining the board of directors of a well-known company is both for honor and for information and resources, and much of the gap between the poor and the rich is reflected in the mastery of information. Although with Zhou Shi's net worth, he doesn't need these vain names, but who made him Chinese, and he has no study experience at an Ivy League university in the United States? There must always be a reason for the establishment of interpersonal relationships, except for alumni, there is only a working relationship suitable for him. It's not that Zhou Shi wants to beg others, although most people's strength is weaker than him, but a rich Chinese man with a broad mass base is obviously more acceptable than Zhou Shi who floats in the air and comes from a mysterious and unspeakable country.

The contradictions between Yahoo and Ahri are difficult to reconcile, and Zhou Shi does not play much of a role in it. Abandoning fearless efforts, he went to Amazon and then Disney. Amazon has nothing to say, Bezos, a hero, is much more capable than Zhou Shi, and it is not as rapid as the development of his company. The merger of Disney and Marvel changed ownership, and Robert Iger kept his promise and did not intervene in specific operations for the time being. Kevin Feige also breathed a sigh of relief, although he had Zhou Shi's support, it didn't do much to maintain his position. However, he has a lot of faith in Marvel superheroes and is not intimidated by the difficulties in front of him. Zhou Shi is also encouraged by him, without his interference, stiff stuffers, Marvel superheroes are back on track, and their grades are not bad.

I went to Meibang Securities again, and this veteran securities company with a history of 100 years on Wall Street fell into the hands of a Chinese, and there was a lot of dissatisfaction within Citi. But profit drives capital, and even U.S. regulators have not stepped in to obstruct the merger. The valuation of Milbank Securities is around $10 billion, and Lu He wants to hold 40 percent of the shares to ensure that he has more than 35 percent of the shares after going public. But his stake in Galaxy was less than $4 billion, and in the end China Investment Corporation provided him with financial assistance. The twists and turns in this are much more complicated, although Lu He lost the stake in Galaxy Capital, but he did not resign from his position here. The CEO of Meibang Securities is still Gorman, and the chairman is still Lu He. Nothing seems to have changed, nothing seems to have changed.

For the sake of AIA, Zhou Shi Luhe contacted the senior management of Goldman Sachs and Da Mo. If things don't agree, getting shares directly from the brokerage is the only way for him. It's a pity that in this IPO, Meibang Securities is difficult to participate in due to restructuring and various relationship constraints, and this lucrative cake can only be eaten by others. Fortunately, it participated in the listing of the Agricultural Bank of China, and Tianhe Securities became one of the underwriters at that time.

AIA, Huaxia Agricultural Bank and General Motors are the three major IPOs this year, all of which are trying to create new heights of financing. Unfortunately, except for AIA, the other two stocks do not have much investment value, and Galaxy Capital's shares in GM will also be sold. The shares in the hands of Huatou will be transferred to SAIC, and the shares in the hands of Zhou Shi will be sold through the market. The market capitalization of GM's IPO has not yet been determined, but it is estimated that it should be around $50 billion. And this IPO is not an issue of new shares, just the sale of old shares. In this way, the market value of Zhou Shi's general stock is about 400 million US dollars, and the cost is only about 30 million US dollars. More than 10 times the income in more than a year, which shows how important it is to see. Choose to be greedy when others are afraid, Warren Buffett's golden words. Not only that, but for this successful investment, Huatou and SAIC also have to pay a certain amount of excess income expenses. It's not a lot, anyway, the bonuses of his employees in this operation are included, which is more than enough.

GM wants to go public, and it is not only the White Tiger Fund under Galaxy Capital (its fund specifically responsible for PE equity investment) that makes money, but it may be the largest share of it. GM's non-collateralized creditors account for 10 percent of the shares, and the White Tiger Fund owns 1.8 percent (including China Investment and SAIC), accounting for nearly 20 percent. It is impossible to say that no one envies, envy and hate. Fortunately, most of the people who know the news choose to make a fortune in silence, and those who don't know the news continue to know.

But Goldman Sachs' Frank Fan congratulated him, with more than $350 million in pre-tax profits, which is a small business for Goldman Sachs. They sometimes give up to $20 billion a year in bonuses to their employees, and none of Mr. Zhou's companies have this level of profitability. Although there is hope for Guoke, the annual profit of 20 billion is not known to be achieved in that year, and Goldman Sachs has already done it. Why does Goldman Sachs and Da Mo not have a market capitalization of more than 100 billion dollars, because most of the money they make is divided among themselves. It's like the Blackstone Fund, which IPO at their peak, and then let investors spend nearly a decade unwinding. However, this time, Huatou was much luckier, and when Blackstone's stock price was below $6, it listened to Zhou Shi's advice and bought about 5% of Blackstone's shares at a price of $5 per share. Now at this time, there is still a long way to go from the cost price of more than 20 yuan, at least let them see hope.

"Do you really want to sell GM's shares this time?" Gao Xiqing called Zhou Shi, and it was said that several sovereign wealth funds were going to subscribe to GM's shares this time.

"Of course, this has been decided a long time ago. "Zhou Shi

"Why?" said Gao festive

"Because I'm short of money!" Zhou Shi, he won't tell the truth, GM's financial statements are probably specially made for this IPO. However, with the support of the government and collusion between inside and outside, there is no way to confirm it. Otherwise, GM's financial results would not have deteriorated since its IPO.

"Are you really going to buy AIA this time?" Gao Xiqing asked the key.