Chapter 940: Successive Investments
"Of course!" Harvey also laughed, and this thing is done. He knew that the boss was interesting, and now the boss also wanted to diversify his investment, and if the IT industry was in a bubble, it was estimated that the boss would have to go back to the farm. Now his money and the bank's money are in the IT industry.
"Last year, the market value was only 500 million, and it has doubled to me, which is really a lot. 150 million, this person's price is really high enough. Zhou Jiexi flipped through the text and said, fortunately, although the impression is not very deep, but at least the company's market value of more than 10 billion in the future is still there, how to calculate this situation is not a loss, and after the listing in the future, he may be able to buy some stocks: "Okay, as soon as it is implemented, I will reach an agreement with Bank of America, and they will send the check." ”
"Now Truss is still very attractive, we are buying shares from shareholders, and it is normal to buy at a premium, compared to others who can't buy it, boss, you still make money." Harvey explained.
"And I've already put it in place." Saying that, Harvey asked Mike to take out another paper: "He has signed it, as long as you sign your name, as long as you sign the check within a week, then they will be yours." ”
"Wow!" Jessie Zhou looked at him in surprise, "Very good, I just like your fast speed." Saying that, he took the text and began to browse it, he still understands the basic legal documents, and there will be no problem with these, if there are any bad regulations, Jessie Chou will sue his lawyer.
The next thing is to make money, and there is no problem for the US bank to borrow one or two hundred million US dollars. Now it is not said that his fixed assets have increased a lot, but it is said that the stock price is above, and it is really a straight line that has been rising. There are other assets that he invests in, the Celestial Empire of the United States, and the banks that want to lend to them want such high-quality customers.
Negotiated with a vice president of Bank of America, directly lent $200 million, cashed out the money from Truss's shareholders first, and the rest of himself may need to invest something in the near future, and he can always use it as a backup.
Things on the Korean side have not been done yet, and in the next few days, Jessie Chou's people are negotiating with CUBE, sometimes the money is a little less, but there are a lot of things to talk about, he acquired shares worth more than 100 million US dollars, just look at the following Jiàn sign the check, and then enter the board of directors, it looks very simple.
On the contrary, it is a small Korean entertainment company with more than 30 billion won and less than 20 million US dollars, and it took a lot of time, and the money spent is not as much as the mantissa behind his 100 million, so I have to talk about it more.
He didn't pay much attention to it, he didn't need to bother with this matter in the first place. He happened to take advantage of his leisure time to see if there were any projects worth investing in in South Korea, and he still set his sights on the Internet. A few years later, if he still has an impression of these projects, they are basically projects that have brought a lot of benefits to investors.
Needless to say, his initial focus was on the game company, South Korea does have an advantage in e-sports games, and it can also make money. In addition, the investment will not be expensive, of course, it is a good investment project.
Unfortunately, the top few game companies in South Korea are all well-known. Either it was founded very early, and now it has become big. Either it's already listed, this one buys shares or buys stocks, how does he know which one is good and which one is not good.
It's not the kind of venture capital, a little bit of money is hanging now, and it will slowly look at the situation in the future, maybe it will become bigger. People are getting bigger now, and it's strange that they want your money.
Jessie Chou can only give up this piece of content, and then see if he can find something that he has some impressions or is familiar with. I spent a day in the hotel, looking at the computer for a while, or watching a movie and listening to music, I can't do it all.
Besides, there are still two assistants under him who haven't left, but it's a pity that these two people don't know Korean, and the team members who can speak Korean have already gone to CUBE for a meeting to negotiate. He just treats it as if it were a casual game.
In the afternoon, the team returned and reported on the progress of the negotiations. Jessie Chou also listened to the briefing, financial audits and so on, they are all doing. During the meal, Jessie Chou asked by the way, but he didn't expect an answer to appear.
“ka、kao?” Jessie Chou silently recited this name, and he was still a little familiar, remembering that many of the stars in South Korea played this later. In this way, if it can be mixed with future generations, it can also be sought after by many celebrities, so it should be considered a good mix.
Directly asking his team to collect information about this company may be a good investment project.
The next day, Jessie Chou received the information from his subordinates. This is a software that was launched this year, in March 2010. 02 is an app that can be used to communicate between smartphones such as iPhone, Android, WP, and BlackBerry 02.
The app uses actual phone numbers to manage friends, and with the help of push notifications, you can quickly send and receive messages, pictures, videos, and voice intercom with friends, family, and colleagues. Even if your friend isn't online, your friend can still receive your Ka and Kaotalk messages, just like texting.
At this stage, it seems that the development is not bad, at least there is a certain market share, although it is very little, but at least it is a small fire project. At present, the position in South Korea seems to be within the top ten, but the rise in users is indeed among the top three in South Korea.
This top three also includes Jesse Chou's Tom Cat. Well, it's also a good feature, although a lot of things overlap with Twitter, but it's more popular than Twitter.
This seems to be Ka and Kao from an entrepreneurial team, and the founders Kim Beom-so-back and Jing are also strong. More than 10 years ago, he founded Hangame, the largest game platform in South Korea, and later served as the CEO of NHN, the largest Internet group in South Korea.
Ka and Kao are one of the products launched by the company he set up after leaving, but this one is more popular and seems to be a model of success. At present, the total number of registered users of Ka and Kao is about 2 million. In South Korea, a small country with a population of more than 50 million or 60 million, it is really a very good achievement.
The penetration rate of today's smartphones is also very high, after all, multi-platform software has their advantages. Jesse Chou knows this very well that the software and games under his command also tend to operate on multiple platforms, and he doesn't care about the manual modification costs of the platform if he has money, which is a trivial matter.
"Kim Beom-so." After Jessie Chou read a sentence silently, he turned back to his assistant Mary and said, "You go and contact this company, I think they should need some investment!" ”
"Good boss!" Mary answered immediately, and then proceeded to contact the company. Luckily, the founder Kim Beom-so is an ABC, so the employees within the company still have a little bit of English, almost all of them have an English name, and the company looks like an American approach.
In a six-story office building in Tecjnovalley, which has the name of South Korea's Silicon Valley, Kim Beom-so's company, Ka and Kaotalk, who is now starting a business for the second time, are stationed.
In the afternoon, more than 50 people in the company were in the company, and some of them were resting for good things. Some are busy in the future, not to mention anything else in South Korea, this speed is really not blown, it is very fast. Even the software they are making now is very fast in terms of update speed.
Now Kim so-fan is discussing new ideas with the group, and how to improve KA and KAO to make it more attractive. There are not many similar things in Korea, such as SNS, Twitter, Tom Cat, Facebook, etc., and their company is now seizing the Korean market on its own advantage.
The front desk who received the call outside reported the situation to the secretary. The female secretary was waiting for them to discuss, and when she saw that the time was almost up, she walked in and said, "Brian, there is a venture capital firm that wants to come to our company and say that it wants to make an investment!" ”
"Venture capital firms?" Jin Xiufan said in surprise that there are very few venture capital funds in South Korea, and there are not more than a dozen companies doing this, so it is really a bit surprising that this venture capital found them. "By the way, which company?"
"Sky Investment under the Sky Fund, oh, she said they also have a name called Blue Sky Capital, and the two of them are the same boss." The secretary reported.
"Jesse Chow!" Kim Beom-so is very concerned about the development of the Internet in the United States, and last year rose Jesse Chow, of course, he knows that Apple, a shareholder of Facebook. And his own Tom, and Sky Games, these are very famous achievements.
Besides, Sky Investment and Blue Sky Capital, two venture capital institutions, although I don't understand that they are all members of the same team, what are they doing in two groups. But these two VC firms were very popular in the Asian market last year, and they are also very attractive this year. There are not many of them in the South Korean market, but in the Asia-Pacific region, especially in the Celestial Empire, they are very accurate in their investment in the network, and the loss rate of hundreds of investments is less than 20%.
But according to the speculation of some people in the investment bank, their profit ratio is very high, almost no less than five times. Most of them are small investments with high returns, and recently I only heard that they invested in the Celestial Empire e-commerce Jingxi, which has done a lot of product placement in South Korea, and even when he watched TV, he saw a lot of Jingxi with the words Celestial Empire.
For this venture capital institution, he is really interesting. The current KA and KAO are spending his money to operate, and at this stage they are not spending a lot, and he also has a lot of money. But in the future, maybe it will be said, and normal businessmen know that it is time to bring in venture capital funds to distribute risk.
It also takes more money to burn in order to make this ka and kao bigger and better. After thinking about it, he said, "Make an appointment with that side, and we can discuss it." ”
"Okay Brian!" The secretary responded.