Since the popularization of tools like big data on this planet, it seems that you can't fight a life-and-death world war. Pen & Fun & Pavilion www.biquge.info

Because of the two world wars in history, the reason why the scale and intensity of the war can be fought to the level of a world war is entirely because of information asymmetry, which causes both warring sides to feel that they are very likely to win.

In the two world wars, the British thought that they controlled the global saltpeter and crude oil through sea supremacy, and could directly blockade and starve Germany. The Germans, however, secretly thought that by relying on the synthetic ammonia and synthetic oil invented by Farben Chemical, they could get rid of the restrictions on the production of explosives and gasoline by natural saltpeter and crude oil.

If the data analysis of both sides is sufficient at the beginning of the game, there are no blind spots in intelligence spying, and the situation is immediately found to be wrong in the two moves, and one side is likely to kneel - then the side that should kneel will definitely choose to "surrender and lose half".

Therefore, big data cannot avoid wars and business wars, but it can prevent the intensity of confrontation from rising to the level of life and death, not ending in complete and unconditional surrender.

Local wars such as the "Anglo-German War" and the "Soviet-German War" will still be repeated again and again, but they will definitely not spread to the scale of a "world war".

The ornamental nature of the fight is being stifled by cold data. Not pretty, but efficient.

At this moment, that is, in the second quarter of 2011, it is the legendary ICBC that has been lurking behind Fuji Xun for many years.

ICBC International (a wholly-owned subsidiary of ICBC, investment banking. ICBC is the parent bank of commercial banks) and is the largest shareholder of South Africa's MIH Group.

South Africa's MIH, is the largest shareholder of Fuji Xun, before 2004, the company held more than 40% of the shares of Fuji Xun, in 2004 after the IPO of Fuji Xun in the Hong Kong Stock Exchange, because of the additional issuance of new shares, MIH's shareholding was reduced to more than 30%.

Since then, this figure has not fluctuated much for more than four years, until 2008, when the war between Ma Huateng and Gu Mojie expanded, and Ma Huateng raised money everywhere to dilute his equity. As of the second quarter of 2011, MIH's shareholding in Fuji Xun was approximately 26%.

ICBC International is the largest shareholder of MIH, but it does not hold more than half of the shares, so according to the conversion of secondary equity, about 12% of Teng Xun's equity is ICBC International.

In addition, there are about seven or eight points of Teng Xun's equity, which are owned by various open and dark state-owned banks and trust funds.

These are all the umbrellas of Ma Huateng when he repeatedly copied purely private-funded enterprises in peacetime, and they are also the political capital that he sent Chen Sfu to prison if he wanted to.

In the face of Hatsune's possible decisive attack, the capital bosses behind Ma Huateng have already smelled danger.

They began to seek to step on two boats and scatter the eggs in the basket.

Gu Mojie can fully imagine that the hungry wolves in the capital circle entrusted him with CFO, Gu Yong will bring words to himself, what are the expectations and threats behind them.

Two years ago, after Hatsune Entertainment swelled to a large company of more than 50 billion US dollars in a multi-party game, it finally couldn't help but let the door valves such as Uncle Zhu, Jiang Gongzi and Yao Zong get in, and smashed tens of billions of yuan to mix up nearly 30% of the stocks.

Today, Hatsune Network Technology is also inevitably this step.

Those who engage in value networks always have to deal with the government, whether it is for license authority, entry threshold, or for the sake of raising your noble hand at sensitive moments and making money peacefully.

Fortunately, Gu Mojie has made his plate big enough, and if anyone wants to come in at this juncture, he will have to pay at least tens of billions of dollars.

He didn't have anything to think about.

Under the matchmaking of General Gu Yong, the two sides bargained, which took more than half a month, and finally negotiated the valuation.

CITIC Merchants bought ordinary convertible bonds, and Hatsune did not have to worry about the specific mortgage valuation when he was confident that he would repay it.

ICBC's money came in, and it was forced to subscribe when it expired, and Gu Mojie certainly couldn't tolerate underestimation.

In the end, according to Forbes's analysis, and a certain conversion formula - the kind that both sides can agree on after several games - the existing assets of Hatsune Network Technology are valued at $81 billion. ICBC International was then allowed to inject $9 billion in capital. After the capital injection, the total value is 80 billion US dollars, and ICBC holds 10% of the shares.

This valuation is nearly one and a half times higher than the valuation of Forbes at the beginning of the year, but ICBC also accepts it, after all, the other two buy bonds according to the valuation of third-party institutions, and there is no compulsory subscription right. For a promising company like Hatsune, in order to squeeze into the market, the management naturally has to give discounts.

Hatsune attached a condition to the transaction: the transaction could be made public, but it should be delayed for a period of time to avoid touching the counterparty of Hatsune's upcoming acquisition transaction. ICBC International had an indifferent attitude towards this, and agreed to it.

Hatsune Network Technology is not listed, and there is no such thing as the Securities Regulatory Commission to force him to make it public immediately.

As for the financing scale of "at least 30 billion yuan or more" that Gu Mojie casually said at the beginning, ICBC just took it as a joke.

Only let the master enter the market for 30 billion? It's called Hanako, at least double.

CITIC and China Merchants are usually about 20 billion yuan, and the total amount of convertible bonds negotiated by Hatsune is about 15 billion US dollars, or 100 billion yuan.

It has been issued with the mortgageable equity of Hatsune Network Technology. If it weren't for the intervention of a state-owned bank to endorse it, this matter would have been investigated if it was put in someone else's house.

The parties indicated that it would take at least two months to raise money - not counting the time wasted during the negotiations.

In other words, it has to be around the summer vacation for Gu Mojie to get the money he wants.

……

After the financial backing was obtained, Hatsune Network Technology was obviously active in other directions.

On Fei Liluo's side, Gu Mojie entrusted the privatization initiation process of NHN to Fei Liluo, so that she could see the rhythm and advance step by step, so as not to delay the progress.

On the Hatsune wallet side, he followed Gu Yongjiang's advice and asked the development team to launch the deposit interest function of the Hatsune wallet.

Product Director Zhou Lixin glanced at it and felt that this thing was not technically difficult. In addition, in order to give users a better experience of sending money, the UI interface needs to be adjusted, and there are a bunch of bits and pieces of modifications.

Zhou Lixin estimated that it would be developed in a month. Gu Mojie also relied on him and asked him to ensure that the version was launched before Children's Day.

On Labor Day, Hatsune Network Technology's acquisition of NHN Group's stake in the Gosdaq market officially exceeded 15%. The previous 30-day average price and 90-day average price of this node were also controlled in a relatively good range, which avoided being too unjust in the subsequent privatization and other than the premium.

On the day when Hatsune Network Technology crossed the line, it happened to be a day with a relatively large trading volume, and tens of millions of shares changed hands in the market, about two or three billion US dollars, so the shareholding ratio of Hatsune Network Technology suddenly reached 17%.

Hatsune announced a 30% premium to make a quick offer to be privatized. The duration of the offer is one month.

South Korean regulators were shocked, but there was no excuse to stop the privatization because of the law.

Supposedly, if the founding team and the shareholders' meeting are unwilling to enter the market, there will still be a lot of struggles.

Unfortunately, not everyone within NHN does not like privatization.

The han-game department was the first to be silent.

NHN's internal U.S. funds are also uncharacteristically unopposed to it.

As a result, the backbone of the Naver system jumped up and down for half a month, and failed to pick up a unified opinion, and most of the outstanding shares outside were acquired by Hatsune Network Technology.

From the end of April to the middle of May, Hatsune Network Technology invested a total of more than 2 billion US dollars, plus the 2 billion that had been spent before April, which has broken through the red line of 25%.

(Note: For ease of expression, here is a conversion based on the assumption that NHN has been successfully split into entertainment.) That is, it is assumed that the han-game system has successfully exited. If it is based on the actual market, the shareholding ratio needs to be discounted by about 6%. ）

ICBC and CITIC's money is still on the way, and the main source of funds for this wave of increased holdings is the misappropriated user deposits in Hatsune's wallet.

Hatsune Wallet's "reserve ratio" has dropped to a dangerous number that could trigger a "run" at any time, but fortunately, only two weeks later, Hatsune Wallet's current interest function was first launched, making netizens across the country deeply feel the slow sincerity of Hatsune Network Technology.

Hatsune does not say that the interest is paid to better absorb savings, but only that it is because the money of retail investors is stored on Hatsune's side, and Hatsune has actual benefits, so this part of the benefits is thoroughly shared and fed back to users.

However, Hatsune will never give interest that is higher than the bank's interest rate for the same period, nor will it seek a financial mortgage, nor will it operate any financial products beyond its authority.

Ma Feng and Ma Huateng were both anxious all of a sudden, and at the same time secretly rejoiced: Gu Mojie was too timid.

If the hand of the horse wind has already become a big killer, why not only use it to absorb a wave of savings and grow so only 10%~20% of users?

Now that this kind of business model innovation is taken out in vain, it will only be a month or two, and it will be copied by peers.

Overkill.

However, the real situation is a blessing or a curse, and only the parties themselves know. Gu Mojie's doing this undoubtedly made his peers in the Internet circle ridicule, but it also smoothed out the disgust of the banking groups in the traditional financial field towards Gu Mojie.

If Gu Mojie directly kills a 7% interest rate like Yue Bao in another time and space, the efficiency of customer acquisition is certainly very cool, and the hatred value of the traditional financial industry will definitely not be reduced.

For Gu Mojie, every moment should concentrate on dealing with the enemy in one area.

The wallet interest function allowed Hatsune's acquisition intention to survive the whole of May, and when the end of early June, NHN's shareholding structure finally had another wave of big side games that could shake the Koreans.

NHN's two largest U.S.-funded funds, IDG, and others, have announced their acceptance of a privatization offer from Hatsune Networks to sell their non-tradable shares at Hatsune's offer price.

According to the Korean Company Act, this kind of sale is based on the fact that all the former shareholders have the right to bid on an equal footing, and it is not possible to specify who will sell it to. But because Hatsune's privatization offer was 30% higher than the previous market price, NHN's founding team simply couldn't scrape together billions of dollars in cash in a short period of time, so they could only watch.

After a long time, people learned that at the same time as that transaction, Gu Mojie sold his shares in Snapchat in exchange for returning to the United States to support the book to continue the film, so he was too lazy to take care of the Asian market. (To be continued.) )