Chapter 4: Splitting Up
Pangu Search requires an initial capital investment of $10 million, and Galaxy Entertainment needs $5 million, depending on how much Tengxun's 20% stake has to pay to get it. And the 5% stake in IDG is also quite an eyesore, so you might as well take it back together. If you don't have enough cash, you can only sell some of Apple's shares.
The development of the BP fund in the United States also depends on the remaining Apple stocks, Chen Bo really wants to register a few more trademarks to pit Jobs, but after thinking about the "butterfly effect", then forget it, forcing people to help you provide so much money at one time, you can't use it anymore, God may not be able to watch it.
The Spring Festival in the mainland is a one-week holiday, but the Spring Festival on Hong Kong Island is only three days, and the festive atmosphere on Hong Kong Island, which is commercially developed, is not as strong as that in the mainland. So without further ado, Depp and Jason will immediately go to Yingke to acquire a 20% stake in Tencent, and Chris will not be idle, he will fly straight to the IDG headquarters in Yanjing to try to buy another 5% of the shares.
However, before that, Chen Bo must sign a document on the equity transfer of Galaxy Entertainment and entrust an agency company to change the registered capital on Hong Kong Island, so that the $5 million can be successfully credited to Galaxy Entertainment's account. In fact, it is a left-handed and right-handed transaction, with 30% in exchange for 5 million US dollars, which belongs to Chen Bo personally and BP Fund.
Taiwan's Alpha Records is still waiting for money, and Galaxy Pictures is now an empty shell waiting for capital injection, so he asked Depp to go to Hong Kong Island to do it by the way.
Hong Kong Island Superman Li Zekai has always been no stranger to the Internet industry, he graduated from Stanford University's computer engineering department, but he is engaged in the media and telecommunications industry, two years after founding StarTV, he sold it to media tycoon Murdoch for 970 million yuan, and made a net profit of 570 million US dollars in two years. At the same time, it began to develop real estate business in Yanjing, Tokyo, and Toronto, and in 99 years, it was also approved by Hong Kong Island as a large real estate project of "Cyberport", exempting 7.8 billion yuan of land transfer fees.
In 2000, CK Hutchison Group established TOM Group, the hot TOM mailbox, TOM online has also attracted a lot of attention in the Internet industry, and the group also has a special China Entertainment Satellite TV station for Lingnan, Hong Kong and Macao.
Because he was optimistic about the telecommunications industry, he cashed out $1 billion of Pacific Century Group's shares in just 48 hours, and then used the money to obtain a $13 billion bank loan. Then he cleverly used leverage to compete with Singapore Telecom for the blue-chip Hong Kong Island Telecom, and finally succeeded in becoming the owner.
This classic capital operation case is undoubtedly textbook, and it has also made his net worth soaring, ranking fourth on the list of Hong Kong Island richest people with 9 billion US dollars, and the first person with a net worth of 22 billion US dollars is his father Li Jiacheng.
It is because of this purchase that Yingke's cash reserves have been emptied, and Xiao Superman can't afford to cash out all the valuable options and equity, and the bank's huge amount of interest alone is enough for a headache. Although Superman is very optimistic about Tencent, but he has no money to continue to invest in it, it is undoubtedly the best time to talk about acquisitions at this time, and there will be no shortage of money when it is too late for Tengxun to exert his strength.
IDG is the fund is about to reach the redemption period and also needs to cash out and make a profit, otherwise the statement will not be available, how can the fund raise funds if it loses? Although the world's venture capital is now an ant on a hot pot, it should be voted for and the money should be collected. If he can successfully recover the 25% of the shares, then Chen Bo will have 40% of the chips in his hands.
If Brother Ma can persuade all the founding team of Tencent to join the new holding group, then the group will be 100% controlled by Tengxun. Thinking of this, Chen Bo felt a little enthusiastic, and according to common sense, it shouldn't be a big problem. Now Tengxun is half-dead, the type of money-losing goods that no one wants, and still owes Chen Bo more than 4 million yuan, joining the new group means being able to share the benefits of Sky.com, which is real.
It depends on whether they want to cling to Tengxun, a small ship that is swaying in the sea, or Pangu, an aircraft carrier.
People have been sent out, Skynet is still on vacation, and the office is empty. Chen Bo now feels a little lost, and suddenly he has nothing to do, so he can only wait, and the waiting process is always very painful.
Fortunately, at this time, Li Zhaojun came back and left Guan Xin on Hong Kong Island to help her take care of the children.
"Sister Jun, why are you back at this time?" Chen Bo was quite surprised by her appearance, this is not over yet, and her current focus is completely on her family.
"It's not that I don't worry about you, if you want to talk about mergers and acquisitions, financing, and restructuring business, do you dare to say that you know more than me?" Li Zhaojun said with a smile.
Chen Bo's heart swelled with a hot current, although he has only known her for half a year now, but since he first met her, he has that very cordial feeling, sometimes Chen Bo will feel that kind of love between men and women, and sometimes he feels that kind of family-like warmth. But after Chen Bo was reborn, not to mention the only one, she was the one who gave him the most trust.
"Yes, I admit this, what does Sister Jun think of this company reorganization?" Chen Bo humbly sought advice, and he was not convinced in front of his profession.
Li Zhaojun said cautiously, "It's okay to reorganize, it's okay to merge into a group." While the shareholding structure is still relatively clear, it can concentrate resources to do a lot of things, and the only drawback is that the capital is too small, except for Sky Network and Beautiful Music Network. Whether other companies can get out of the predicament of losses in the short term is the key, if you have not been able to find a reasonable profit model, I advise you to take a slow, don't worry. ”
Her words directly explained the key point, don't do it if you don't make money, it's just that you can drag down eight groups and just put on a show. The key to forming a group is to make better money, and whether it is helpful to the company is the key.
Chen Bo said, "Sister Jun, don't worry, Dingdong and Pangu Search are not yet profitable, I don't want to be fast." At the very least, I am confident that Tencent will be profitable this year, and I have made a detailed plan. ”
Li Zhaojun nodded and said, "Since you have a plan, then I won't say anything." After all, you have more experience in operating the Internet than anyone else. Then he said, "What is the origin of that BP fund, why I have never heard of it in the United States, and I checked that this is a newly established company, and the parent company is still an offshore fund." The capital market has always been sinister, you have to be 120,000 spirited. ”
It seems that Li Zhaojun has already checked BP's information, and Chen Bo does not mean that he does not trust others by concealing it, he always feels that there must be a way back for being a man and doing things, and he must not rush forward on one road, which is also his experience after living for more than 30 years, but he lacks the impulse that a 21-year-old young man should have, and he doesn't know whether it is right or wrong.
But he didn't have the slightest idea of hiding it from Li Zhaojun, and now he felt that he couldn't deceive her, so he told him how he got $40 million from Apple, and the causes and consequences.
From the Samsung trademark to Apple's trademark, of course, Chen Bo can't say that because he has long been aware of the development law of the whole world, he just said that he was registered by accident according to Apple's naming rules, and the computer is not called iMac, then I will have an iPod, iTunes, anyway, I will hit it by mistake.
In addition to this explanation being credible, Li Zhaojun couldn't find any flaws, but he just complained about his boldness and luck, but he didn't say anything. As for him to be a hedge fund, Li Zhaojun has no opinion, so it's okay, eggs can't be put in one basket. Both openly and secretly have to come to the market, the mall is a battlefield without gunpowder, and no one can guarantee what kind of situation will occur in the future.
Moreover, this fund can not only bring him additional income, but also give him a coat of continental America, which is easier if he wants to acquire and finance in the United States. After all, the acquisition of a local company by a foreign company requires the approval of the local government, and it is no exception everywhere, but if there is a shell of this local company, it can completely avoid that cumbersome risk.
Some people may ask, in that case, what technology do other powerful companies want, just buy it at any cost? The fact is that some technology is banned by the government, and the company can give it to you, and you can make money, but the technology will be kept strictly secret and will not be taken away from the North American continent.
Chen Bo now has Li Zhaojun as a helper, it will be much easier, and her Hesheng capital will also join the new group at a discount, and now it has entered the link of auditing the net assets of the accounting firm, because the company not only holds the shares of Sky Network and Beautiful Music Network, but also has manpower, resources, and book liquidity, and it also needs to see whether the company has debts in order to calculate the final market value.
It's a normal business process, it's not that you don't trust her or have other ideas. At the same time, it is also an explanation to other shareholders. Every company will do an audit, and not just for her. Once merged into the new group, it will be renamed Pangu Hesheng Capital as a subordinate institution of the group specifically for investment, which sounds a bit awkward. However, after the company forms a brand, no matter how ugly it used to be, it is used to being called smooth.
The waiting time was not long, two days later, Depp and Jason came from Hong Kong Island to the news that the group that had been reorganized into PCCW had agreed in principle to transfer a 20% stake in Tencent at a price of US$8.8 million, and it had been confirmed that it would come over after the mainland holiday to handle the settlement. This is less than the expected $10 million, which is definitely good news for Chen Bo, who is now short of money, if you can save it, you can save it, and $1.2 million can do a lot of things.
Then Depp will deal with the equity issue of Galaxy Entertainment, Chen Bo's entertainment company on Hong Kong Island is completely an empty shell, and all operations are entrusted to a financial agency company, which is actually a transfer station for funds. Hong Kong enterprises can obtain a lot of preferential tax treatment in China, and Chen Bo can be regarded as taking advantage of a lot of advantages.
There was good news on this side, but Chris's side was hindered, and Xiong Xiaoge did not veto the proposal, but did not nod in agreement. And it's a bit intriguing to send Chris back, saying that he was going to come and talk in person.
However, this 5% stake, based on the transaction price of Yingke, is only worth $2 million.