Chapter 572 [Jingwei Capital's First Battle]

After the Spring Festival, Lin Zuhui came to the United States by private jet.

Silicon Valley.

Accompanied by Lu Bingwen, Lin Zuhui met Jim Clark, the former chairman of SGI Silicon Valley.

Founded in 1982, SGI is a multinational company that manufactures high-performance computer systems and is headquartered in Silicon Valley, San Francisco, California.

The two parties made an appointment at a coffee shop, and when they met, Lin Zuhui was more enthusiastic, while Jim Clark was very flat, as if he was richer than Lin Zuhui.

Despite this, Jim Clark couldn't help but ask first: "Mr. Lin asked me out, I don't know what happened?" ”

Lin Zuhui said seriously: "I hope to invest in Mr. Jim Clark, I know that you have just left the company you created, so I believe you must have a new development project." ”

Jim Clark asked rhetorically, "Does Mr. Nalin know why I left the company I worked so hard to create?" ”

Lin Zuhui said: "I probably know a little, it seems to have been squeezed out by investors. ”

Jim Clark showed a hint of reluctance on his face, and then calmed down before he said, "Yes, I founded SGI, but those investors and shareholders cut my stake to 5%, although this is a lot of money in an IPO. However, I left SGI with only $16 million. ”

"This is indeed a sad story, but the establishment of SGI itself is backed by venture capital," Lin said. Of course, venture capital in the U.S. does cost founders dearly. This time, we set up a venture capital in Silicon Valley, amounting to $200 million, and we don't have too many rules and regulations for our investment companies. ”

Jim Clark immediately said, "Of course you don't have too many rules, because I don't think you can help startups too much, just financially." I'm sorry, I'm a bit blunt, although Mr. Lin is the richest man in the world, but after all, he has just entered the industry, you may not know that venture capital in the United States can bring advice on human resources and development direction for startups. ”

KAO, it's actually despised.

Lin Zuhui then understood why SoftBank invested in the United States at the beginning, and the conditions were frighteningly good, which made the Yahoo founders stunned, it was because he was not an American, nor was he an investment boss.

However, Jim Clark is clearly at a low point for Lin Zuhui.

"Not necessarily, in fact, I am investing in Jim Clark, and I even hope that you will do the browser industry and will definitely shine in the United States."

Jim Clark was shocked, because he was preparing to make a browser, but he didn't expect Lin Zuhui to coincide with his thoughts.

After a long time, Jim Clark said seriously: "Mr. Lin also knows about browsers, don't you know that there is such a saying in Silicon Valley that 'it is impossible to make money on the Internet', and this industry has a future?" ”

Lin Zuhui said with a smile: "I don't know the prospect, but I know that if someone succeeds, it can threaten Microsoft." Because in my opinion, browsers can also be a full-fledged web software suite. If you're not interested, it just so happens that I'm also a significant investor in Microsoft, and I'll lobby Microsoft to do it. ”

Jim Clark was stunned, Lin Zuhui directly hit his seven inches, no matter whether Lin Zuhui lobbied Microsoft successfully or not, he didn't dare to bet.

However, he soon wanted to take the initiative again, and said: "I am not satisfied with Mr. Lin, I am indeed preparing for the development of the browser, but I am no longer a technician, but a manager, but I already have a good team. If Mr. Lin really wants to invest, I need to discuss it with you and give you an answer. ”

Lin Zuhui said with a smile: "Of course you can." We have a lot of sincerity, and we don't have much attack power, and we are willing to give generous conditions. ”

Jim Clark no longer had any doubts, and felt that Lin Zuhui was a good investor, so he said: "No problem! Mr. Lin is very cheerful, I am sorry for the misunderstanding of you at first. ”

Lin Zuhui responded politely: "It's okay, I just know what you went through." ”

"Thank you"

After leaving with Jim Clark, Lin Zuhui said to Lu Bingwen next to him: "It seems that we must also establish strong connections in Silicon Valley, and then we can provide human resources for the companies we invest in." Of course, the premise is that we have a good president in the United States. ”

Lu Bingwen nodded and said, "I'll look for it as soon as possible!" ”

Lin Zuhui shook his head and said: "This matter is urgent, we are not famous in Silicon Valley, and it is difficult to attract real phoenixes." But if the investment is successful this time, we will definitely be able to make a little famous. Of course, I'm not talking about the fame of investing to make money, but the effect of buying horse bones. Suppose we invest in Jim Clark's company on favorable terms, and we will soon become famous in Silicon Valley; In addition, we have abundant funds, which will definitely attract many people to negotiate. ”

Lu Bingwen said: "I see, it's not easy to do this, but with the vision of the boss, you can do this." After all, as far as I know, there are many failed investments in Silicon Valley. ”

Lin Zuhui was stunned for a moment, and then said with a smile: "Are you persuading me, or are you praising me!" ”

It sounds like Lin Zuhui is a big wrongdoer, I don't know why venture capital is called venture capital, and the success rate is very low.

Lu Bingwen said seriously: "I believe in the boss's vision"

Well, it seems that Lin Zuhui's legendary experience is indeed easy to blindly trust.

Los Angeles.

Lin Zuhui took Lu Bingwen to Activision and was warmly welcomed by President Caldecott.

When Wanhui Media first fell in love with Activision, Caldecott had just bought the bankrupt Activision for $500,000, and he was a fan of Activision's games, and he firmly believed that he could resume Activision, not to mention that in his eyes, Activision's signature was worth $50 million.

In the face of the sudden acquisition, Calderick was very refused, but he didn't even have $500,000, all of which were to win over his old buddy Brian Kelly, and a group of investors to raise enough funds for the acquisition.

When Lin Zuhui offered a sky-high price of 3 million US dollars, everyone turned against him, except for Caldecott.

However, Lin Zuhui was very sincere at that time, that is, to retain 30% of the shares of Caldecott and appoint him to continue as president.

Therefore, under Lin Zuhui's banknote ability, everything is not a problem.

Lin Zuhui is interested in Caldecott's ability, in fact, he made the right choice, in the past few years, Caldecott has cut all Activision's businesses that have nothing to do with video games, and concentrated on developing video games. Activision was originally a game development company founded in 1979 and owns the rights to many games.

At present, if Activision is to go public, $40 million worth is not a problem.

$3 million, an appreciation of $28 million in less than three years, is really bullish.

However, it also leaves Lin Zuhui with a problem, that is, he plans to let Jingwei Capital acquire Activision and Blizzard, and it seems that he will bleed a lot at present.

"Mr. Lin, you must have agreed to go public this time, right?" Calderick said with a little excitement.

In the second half of last year, he wanted to promote the company's listing, but the major shareholders did not agree.

Lin Zuhui shook his head with a smile and said, "If Mr. Caldecott wants to go public and make a profit, he might as well sell 30% of the shares to us, and the price will definitely satisfy you." ”

Caldecott hesitated, then said, "For $8 million, I'll sell you 20% of the shares, and I'll still be the president of Activision." ”

Lin Zuhui said without hesitation: "No problem, just complete the transaction between you and President Lu later!" But I'm here to discuss something important with you. ”

Calderick was smart and immediately said, "Is Mr. Lin preparing to merge Blizzard Entertainment and Activision?" ”

Blizzard Entertainment has now developed "Warcraft: Humans and Orcs", which is not a particularly popular model, because there are traces of imitation, and the sales volume is only 600,000 units. However, the value has also increased a lot, and it is no problem to be worth $5 million.

Lin Zuhui nodded and said, "Yes, but after the merger, Blizzard Entertainment still operates independently." ”

Caldecott agreed: "Mr. Lin's idea is very good, and I am also very optimistic about the team of Blizzard Entertainment, after they acquired the two studios, their R&D strength has greatly increased, and I believe that the follow-up version of "Warcraft" will definitely surprise people." ”

Lin Zuhui's plan is for Jingwei Capital to acquire shares in the two companies from Wanhui Media, and then promote the merger. Activision develops game development and publishing, while Blizzard Entertainment focuses on game development and will go public when the time comes.

After reaching an agreement with Caldecott, there was no problem with the merger of the two companies.

Finally, Lin Zuhui said: "Whether it's Activision or Blizzard, we don't want to siphon off profits, but we want to continue to invest in new games and acquire companies with potential." ”

Calderick nodded and said, "There is no problem with this, if I find a good company, I will definitely buy it, after all, I still have 10% of the shares." No, merging Blizzard Entertainment, it might dilute it a bit, right, Mr. Lin? ”

Lin Zuhui said with a smile: "Activision is valued at 40 million, and Blizzard Entertainment is worth 5 million, what do you think?" ”

"I think it's fair!"

Everyone laughed.

The rest of the details of the deal were entrusted to Lu Bingwen's team, allowing them to recruit investment manager-level talents in the United States while merging Activision Blizzard.

Including Netscape's investment, it is also a matter for Lu Bingwen's team.

In this way, Matrix Capital has three investments:

Netscape Browser: It is expected to invest 8 million US dollars and obtain 10% of the shares (estimated 10 million shares, estimated value of 400 million in 1998)

Activision: $28 million, Wanhui Media only gives $20 million (70% equity)

Blizzard Entertainment: $5 million

It cost $41 million at once, and the money was spent quite quickly.

(End of chapter)