Chapter 500: Monopoly Crisis
Last year, after Tang En made a large amount of national trouble, he took out 500 million US dollars to invest in the establishment of the "Scott Swift Venture Capital Fund", with Tang En accounting for 80% of the shares and Scott accounting for 20% of the shares.
On the one hand, it is the reward that Tang En gave after he made a lot of money after operating Tang Capital in the past few years, and on the other hand, it is to maximize the use of the advantages of foresight and foresight to open up a larger market space.
Don gave him only three pieces of advice: Ali, Penguin, and Samsung Electronics.
The best success can completely open up the Asian market and form a supreme authority. It doesn't matter if it fails, Don has enough money anyway.
However, Scott Swift is very capable, and as soon as he got the funds last year, he made a big deal smoothly.
Superman's Yingke Digital, a leveraged buyout of a telecommunications company, borrowed heavily and led to two consecutive quarters of losses, and in order to make up for the deficit and repay the interest on the debt, it had to sell part of its assets.
Superman's 20% stake in Penguin was finally sold through a three-way deal with Penguin and Scott Swift.
Scott Swift invested a total of $32 million.
Of that amount, $18 million was purchased for a 20% stake in Superman, and the remaining $14 million was invested in Penguin, which resulted in a 15% stake.
In just two months of operation, Scott Swift Ventures Fund has become the largest shareholder of Penguin!
However, at this stage, the Internet is still a new word, there are no investment institutions in this area in China, and entrepreneurs also lack understanding of the Internet, resulting in the first batch of Internet companies, all of which are foreign investment.
At that time, Penguin did not see any hope of making a profit at all, and could not even afford a server. Several of the founders of Penguin urgently needed financing to solve their difficulties, and successively found Sohu, Sina, Yahoo, Kingdee, Lenovo, Haier and many other companies, all of which were rejected.
Fortunately, "Penguin" is a company that is focused on by Donn!
Scott Swift had been working under Don for many years, and many times, he couldn't understand Donn's actions and thoughts, but the results often turned out to be right.
With this trust in Donn, he did not hesitate to bet and invest!
This time, he started ahead of schedule, squeezed out the MIH company in South Africa in his previous life, and mastered 35% of the shares of Penguin in one fell swoop.
In the blink of an eye, in 2002, Penguin, which had funds, began to exert its strength, and the number of QQ users increased greatly, quickly defeating the chat software Yahoo Com and ICQ, and the number of users approached the ace boss MSN!
To say that the penguins will go bankrupt, Don is a hundred unconvinced, "What happened?"
Scott Swift said quickly: "Penguin has a key product, QQ, which is a chat software. This year, the software has been updated, with new services, which are deeply loved by users, and there are more and more users, and now the number of registered users has exceeded the 100 million mark!"
Tang En smiled, but was a little dazed, "It's a good thing, what's wrong? Can't find the entry point for monetization?"
Scott Swift gritted his teeth and said: "Of course it's a good thing for penguins, but it's a devastating blow to Microsoft's MSN!"
Now, there are two most popular chat apps in the world: MSN and ICQ.
And Microsoft's MSN, the hegemon of almost every piece of the market, is the giant of chat software!
Tang En frowned and asked, "Did MSN imitate QQ?"
Scott Swift said, "It would be nice if it was imitated, but the two programs have different user targeting. The reason why QQ users have been able to grow rapidly is that it is fashionable and avant-garde, and has developed a service to chat with strangers, while MSN can only chat with friends. In Microsoft's view, MSN is a business software, and it is necessary to avoid messaging strangers to prevent harassment. ”
Don had basically understood.
It's Microsoft that has done it to Penguin!
In any market in the world, MSN is the boss and its position is unshakable. But in the Chinese market, a little-known QQ has emerged. With Microsoft's strong capabilities, it is easy to destroy the penguins.
"Donn, I've invested $32 million, Penguin has to live, you have to communicate with Bill Gates, he can't do that! he's breaking the law!" Scott Swift said with great emotion.
Don En said in a calm voice, "What kind of countermeasures did Microsoft take?"
Scott Swift gritted his teeth angrily, "Don't forget, Microsoft started with the indos system!
"Huh?"
Don was taken aback, then angry and funny.
What a Bill Gates, it's really slippery!
Let the indos system directly block QQ, so what's the point of content?
The chat software can be changed, and the operating system ...... Can't change it!
MSN can completely defeat QQ overnight!
Such a thunderous method, let alone a small penguin company, can not withstand it for any computer company!
However, in some developed countries such as Europe, the United States, South Korea, and Japan, there are mature anti-monopoly laws - net neutrality and operational monopoly must not be violated!
Tang En knew that this life-and-death hurdle must have been passed by Penguin in his previous life, otherwise it would not have become a world-class Internet giant in the future.
It's just that I don't know if Penguin later used software such as monopolizing traffic and blocking and suppressing competitors, whether it was learned from Microsoft.
So Don behaved very indifferently, in his previous life, the penguin was able to pass the test, and in this life, there must be no problem.
He only needs to say hello to Bill Gates and explain the stakes, and with the wisdom of the richest man, he will definitely be able to make the most correct choice.
What kind of joke is a foreign company in the Chinese market that uses a monopoly to suppress local companies?
Even if the antitrust law is very imperfect, the state will definitely not allow Microsoft to do so.
Scott Swift said quickly: "On Microsoft's China side, I'll communicate." But the attitude of Microsoft headquarters, especially Bill Gates, is critical, and you have to make it clear to him that he is undermining fair competition on the Internet!"
Don smiled, "Okay, I see." I'll meet him and talk to him when I get a chance. ”
……
At the height of the dot-com bubble, Microsoft's market capitalization was $650 billion.
However, without the 1995 antitrust investigation by the US Department of Justice and Congress against Microsoft, which imposed capital punishment, and without another antitrust investigation in 1999, Microsoft's market value would probably have exceeded $1.5 trillion! or even $2 trillion!
Monopoly is definitely a hurdle that Microsoft can't overcome.
In China's emerging market of the Internet, Donn doesn't believe that Bill Gates will play monopoly as soon as he enters the market.
So Don is confident in convincing Bill Gates.
Donne's reputation in the American business world is getting bigger and bigger, and he is invincible in Hollywood, and he is an entertainment industry legend that everyone can't get by.
This face, Bill Gates will definitely give.
In June, Donn Pictures, Marvel Studios, and Rose Pictures jointly held a press conference to announce new movie news: "Harry Potter 2", "Ant-Man", and "Lost in Translation" three films, officially started filming!
"Spider-Man 2" is also in the crazy May schedule, and gradually reined in momentum.
Throughout May, "Spider-Man 2" grossed $460 million in North America, completely beating rival "Star Wars Prequel 2", which only earned $180 million.
According to the current box office trend forecast, "Spider-Man 2" is likely to surpass the North American box office of "Spider-Man 1" of $510 million, reaching about $530 million.
And the North American box office of "Star Wars Prequel 2" ...... Very bad.
Done Walker's "Star Wars Prequel 1" grossed $580 million in North America, but "Star Wars Prequel 2" ...... It's a blessing to get half of that amount!
What's more, "Spider-Man 2" is a global commercial blockbuster! There is no viewing barrier for fans in any country to watch.
However, "Star Wars Prequel 2" is different, the overseas market and the North American market are completely different concepts.
With the current trend, the global box office of "Star Wars Prequel 2" is likely to be cut in half, only half of the $1.18 billion box office of "Star Wars Prequel 1"!
After the depressed schedule in May, Hollywood's major film companies began to compete frantically in June.
Warner's Scooby-Doo, Disney's Star Baby, Fox's Minority Report, Universal's Spy, Sony's Mr. Deeds......
Of course, it also includes MGM-Invested and John Wu's war film "The Wind Whisperer".
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