Chapter 618 - Strategic Stake in Vodafone (Subscription Requested)
"I also hope that Mr. Lin can appreciate his face, anyway, I don't have anything to do lately, so it is better for me to be a local guide and take Mr. Lin around. ”
James had to be courteous, and he couldn't ask directly about Vodafone, so he could only choose a roundabout route, hoping that he could end this torturous journey as soon as possible.
If you don't do it with a good etiquette, you want to provoke this fierce god, and James's intestines are going to be repentant, but it's a pity that there is never a regret medicine in this world.
"Then there's work. Lin Qi did not refuse, since James was willing to accompany him, he was also happy to be at ease, and in his plan, he would have to hang Vodafone for a few more days.
"What kind of person is that, who actually makes the minister of etiquette of the royal family so respectful, looking at his appearance, he is not a local. ”
"Have you heard about the recent troubles, it won't be the boss of a new business, James is notoriously arrogant, he can let him go out in person, except for the queen, no one else has this face. ”
"It's really strange, it's a member of the royal family, even if it makes a mistake, there is no need to be so low-voiced. ”
After Lin Qi and James and his party left, this small place exploded, and everyone was guessing Lin Qi's identity.
If James heard it at this time, he was afraid that he would vomit blood in anger.
In the next three days, Lin Qihe was really relaxed when he should eat and drink, and the work at hand was also temporarily relaxed.
"Hell, his God! these two people are so difficult to serve, vulgar and rude, when will they let go!"
After accompanying James for a day, his lungs almost exploded, and he was trembling for the past three days, except for sleeping with him, he took care of everything else, during which he wanted to get a little news from Lin Qi's mouth again and again, but unfortunately this guy was tight-lipped and kept silent, which made James extremely embarrassed.
"God, lead them to Vodafone, I can't hold it anymore!"
James choked speechlessly, praying against the ceiling, and in a few more days, he felt like his old bones were going to be tossed apart.
The next morning, when James woke up, he learned that Lin Qi and the others had left first, and left a message to express his gratitude for the three days of companionship.
"Where have you gone?" said James, hurrying, grabbing the waiter's tie.
"I vaguely heard it like it was talking about Vodafone. The waiter was taken aback.
James took a long breath, his tense nerves finally relaxed, he thanked God silently in his heart, and then said to the waiter with great emotion: "Remember, don't mess with these two demons in the future, they don't see blood when they kill people!"
……
At this time, Lin Qi was already in Vodafone, chatting and laughing with Vodafone's management team.
After a simple visit, Lin Qi also sighed slightly in his heart, Vodafone's current scale is not large, but the management has been very standardized, and at the same time, the average level of employees' education and professionalism is very high. At the very least, the quality of Vodafone's employees is more than a notch higher than that of those nobles around the British royal family.
Well, in fact, it is not scientific to say this, because many of the capital behind Vodafone also has the background of investment by British nobles and even the royal family.
It is precisely for this reason that Vodafone's expansion in the United Kingdom and the Commonwealth is invincible.
"The purpose of my visit, as you must already know, is that new entrepreneurs are very interested in Vodafone, and what I want is a 10% stake in Vodafone, and there is no need to invest more. After all, I'm not looking to acquire, I'm just looking to make strategic investments and collaborate. ”
Lin Qi got straight to the point, the foreshadowing in front was enough, and he naturally didn't need to hide it at this time.
“10%…… Can't you invest more money, how about a 20% stake?" Gerald Hoon had a bit of a headache, he wanted to sell more shares, Vodafone's rapid expansion required a lot of money, which was a little lower than he thought.
"Mr. Lin, let's be honest, Vodafone needs more capital to expand, and it would be better if new startups could buy more. Gerald said tentatively, he also knew that strength is definitely not a casual statement, for such an investment, there have always been strict standards, and the transaction in writing can be regarded as the real completion of the purchase process.
Lin Qi smiled, he was naturally not stupid, for the operators of communications, he saw very clearly, no country is willing to hand over its communications to foreign companies to do, unless it is those poor small countries that cannot invest in the telecommunications operation industry independently. Basically, telecom operators need to be linked to local politics, and they can't do it with money.
Vodafone was able to become a multinational operator, in addition to the fact that the European Union and European integration allowed it to invest in the European market. In addition, Vodafone is British-owned, and with the help of the influence of the old British-owned capital on the former colonial countries, it can do business in the Commonwealth countries.
Many Commonwealth countries have given a series of care and concessions to the enterprises of the former suzerain. As a result, British enterprises enjoy the general treatment of local investment in many Commonwealth countries.
Neither 10% nor 20% can actually influence Vodafone's decision-making. Invest in a certain amount of equity, just to have a certain relationship with Vodafone, and after that, you will not sell products to Vodafone, and the other party will not even look at it, so you will refuse.
Historically, Chinese companies have promoted products to large overseas companies basically because the other party refused to meet and negotiate because they did not know that such a company existed. This is the same as many buyers shopping on Taobao, seeing some brands that have not heard of selling products at low prices, the first image, it must be a copycat, fake, the quality is not good, the after-sales may not be good, etc., in the end, I am not willing to spend money and time to try it. Perhaps most of the fakes are excluded, but there are also certain conscientious brands that sell good products at low prices, which are also distrusted by users.
Including Huawei's development in Europe, at the beginning, it was a bitter tear. Selling products to customers at low prices ends up being regarded as scammers by those large companies.
It wasn't until many years after hitting a wall that I got the opportunity to try!
In many cases, large companies in developed countries in the world are not even interested in giving you a trial of your products, and it is difficult to get the other party to be further persuaded to become customers.
However, once you have succeeded in the first step, it will get better and better. Because you can explain to new customers that your former customers have used your own set of solutions, so that the other party will start to be interested.
Lin Qi wooed Vodafone in order to pave the way for making telecommunications equipment and mobile phones, and as for more shares, he was not too interested.
After all, if Vodafone is controlled by Lin Qi, then many of the previous advantages will no longer exist. When entering many overseas markets, they will be strictly reviewed by the local market, or even refused to enter.
For example, later China Mobile, a giant as big, was actually stronger than Vodafone. However, it is difficult to expand overseas markets, mainly because many markets are not at ease with Chinese companies and are unwilling to hand over such an important business as local telecommunications operations to Chinese companies.
The current economic level of the United Kingdom is still valued. In fact, it is a lot of political legacy left over from the era of the British Empire.
These political legacies, the institutions and provisions of those colonies for hundreds of years, are all British. These countries are accustomed to cooperating with British capital and do not regard British capital as other foreign capital. As a result, British businesses have enjoyed a lot of benefits.
"I'm sorry, although the new business seems to be huge, but there are too many places to use money, I can't afford to toss, plus the sky-high fine of $1 billion from Xinfei Electronics, the merger and acquisition of Columbia Pictures, I have been very tight recently, and I can only buy 10% of the shares, and I may add it later. Lin Qi refused.
Gerald pondered for a long time, and after knowing that he couldn't impress Lin Qi, he was ready to make a fuss about the price.
10% of the equity, $1 billion in the price of shares, for which Gerald Della gave a detailed report, which made a fuss about Vodafone's current business status, future development trends, and the company's huge appreciation space, after nearly half an hour of narration, Lin Qi threw out the price of a new venture, $1 billion.
Vodafone's current assets are naturally not worth it. However, there are telecommunications operations in many countries at hand, so they have to sell equipment and operate the business.
It is precisely because of this that Lin Qi gave Vodafone several times the premium.
Gerald's face was a little bad, the financial strength of the new business was quite strong, so he did some investigation, and the report in front of him took a lot of time.
"This is the final price that the new startup will give, and it is also our ceiling, and I believe that for Vodafone, this price is quite good, and I know that Vodafone is preparing to expand aggressively, and on the basis of this funding, Vodafone can also borrow some unique technologies, capital and solutions for new startups. We have a number of solutions in the telecom industry that can solve the cost problem of the telecom operation industry. When costs are reduced, profits are naturally increased. For an asset-heavy industry like telecommunications, if you can make the equipment cheaper and the operating costs lower, you should know how much advantage this will have!" Lin Qi smiled warmly, Vodafone really wanted to raise the price, but the money for new businesses is not blown by the wind, and it should not be spent, and not a single cent can be spent.
After another day of negotiations, Gerald finally relented, and the $1 billion new venture invested in Vodafone, which also represents the further strengthening of the partnership between the new venture and British Telecom.
After this announcement, Gerald personally stood on the platform and enthusiastically described Vodafone's future blueprint, introduced the LinkedIn market, and prepared to launch an impact on the global market.