Chapter 598 [Very Satisfying Itinerary]
The news of 'Jingwei Capital's $1 billion acquisition of Kingston' was quickly reported by the American media and became a news in many countries, and in the United States and Hong Kong, it was even more publicized and became a big news.
Jingwei Capital instantly became a star of an investment company, and was also dug out by the media to invest in Netscape Browser and Activision Blizzard, two potential companies.
They didn't expect Lin Zuhui to suddenly invest heavily in the technology industry, and suddenly thought of the 'Cyberport' project, only to understand that Lin Zuhui was really laying out the technology industry, rather than using technology to package real estate.
For a time, Lin Zuhui was once again rated as 'Xiangjiang Idol' and 'Chinese Pride' by the citizens of Xiangjiang.
And Lin Zuhui also happily borrowed $1 billion through several banks in the United States within three days and handed it over to Du Jichuan and Sun David. Where is the credibility of the richest man in the world, it is still easy to borrow some money in the United States, and it is borrowed in the name of Jingwei Capital.
After the completion of this investment, Jingwei Capital still has $170 million in liquidity.
San Francisco, a café outside Stanford University.
Lin Zuhui and Lu Bingwen are inviting Yang Zhiyuan, the founder of Yahoo, to coffee.
At this time, Yahoo's predecessor website had been established at Stanford University for more than half a year; And just this month, Yahoo was put an icon on the Netscape browser by Netscape, so people who browse Netscape will click on the Yahoo icon to enter the Yahoo website.
Lin Zuhui discovered this website by browsing the Netscape browser, and soon found Stanford University and contacted Yang Zhiyuan.
Yang Zhiyuan was more open and lively, and said to Lin Zuhui: "Mr. Lin, I didn't expect you to come to the school to find me, I was so surprised. It's kind of incredible that you're so rich and I'm just a poor student! ”
Lin Zuhui said with a smile: "You are not a poor student, I saw the website created by you in Netscape Browser, and I was more interested in you; This year, I have invested in dozens of companies in information technology and hardware technology, so I am eager for promising projects; If I could, I would like to invest in your company and start a business. ”
Yang Zhiyuan said very unexpectedly: "Set up a company to start a business? Mr. Lin, I'm still studying for a PhD! Besides, will this site have a future? "He was a little afraid to gamble with his studies.
Lin Zuhui said with a smile: "Bill Gates didn't even finish college and founded a great company like Microsoft. You've graduated from college and you've mastered the technology that can change the world, so why do you want to do it right away? You know, last year the United States released a grand strategy for the information superhighway, and Internet technology will also follow Moore's Law, if you don't act now, someone will replace you soon." ”
Fooling people, he is still doing it, Yang Zhiyuan listened to it with enthusiasm.
"Mr. Lin, what kind of company do you think we should create?" He asked tentatively.
Lin Zuhui said with a smile: "I have invested in Netscape Browser, and I have some understanding of the Internet. Netscape Browser sells software as a company for profit, and I have seen your website, I think it should be called the 'portal' type, people who surf the Internet like to come to this website to recognize the door, find what they are interested in. The profit model of this kind of website should be free for people to use, more and more people use it, and then the website can sell advertising, similar to TV stations. ”
When Yang Zhiyuan heard this, he immediately said: "Mr. Lin really understands the Internet, and I admire it very much." Recently, there have been a lot of surfers in the 'Jereh Global Info Guide', and we are too busy to finish our studies, so we did consider starting a business, but we have not made up our minds. ”
This is the predecessor of Yahoo, Lin Zuhui.
"Jereh Global Information Network Guide is a bit informal, it can be called 'YAHOO', and the form of company formation develops it."
Yang Zhiyuan's eyes lit up, and he blurted out: "Good name!" ”
Then, Yang Zhiyuan said: "If we set up a company, how much money does Mr. Lin plan to invest and how many shares do you want?" ”
When it comes to money, Yang Zhiyuan, who is still a student, was suddenly a little excited.
"$5 million, 20% equity. I don't need any management rights, and if I have a good suggestion, I'll just talk to you. ”
Yang Zhiyuan didn't have any city government, so he immediately said: "Then I'll communicate with my friends and give you an answer!" ”
Lin Zuhui nodded, motioning for Lu Bingwen to give him the business card and keep in touch.
This investment is a success, and it can be seen that Yang Zhiyuan is very moved and trusts Lin Zuhui very much.
For this investment, Lin Zuhui has quit the board of directors of Netscape, and will not join the boards of other companies in the future, after all, he has no time at all.
Netscape, Yahoo, and Google, which are equivalent to the three generations of the Internet, are just the first generation of browsers, Yahoo focuses on portals, and Google focuses on search engines.
Lin Zuhui doesn't think that he can change the fate of Netscape, and he doesn't have any right to suggest Netscape, so he won't do anything.
And in Yahoo (and other companies are probably the same), he will only do angel round investments, that is, the first round of investments; As for the second round of investment, if Son wants to invest, let him invest.
After all, Son was able to introduce Yahoo to Japan, while Lin Zuhui introduced Yahoo to Xiangjiang and the mainland at most. As for Yahoo in the mainland, it will eventually have to be acquired, after all, the policy does not allow it.
Lin Zuhui was very satisfied with this trip to California and got two potential companies in one fell swoop. Yahoo alone should be able to cash out billions of dollars before the Internet bubble crisis, and Yahoo had a market value of more than $100 billion before the bubble crisis. Of course, his holdings must be diluted a lot, but no matter how diluted, the $5 billion he earned is no problem, a thousand-fold return!
Sure enough, it's a lucrative investment!
Of course, venture capital is not so profitable, for example, in the former software bank, there are hundreds of investment companies, and there are many high rates of return, but there are also many losses, even billions of dollars in losses.
Lin Zuhui can invest in a million projects, but that may be very troublesome, so he asked the investment manager of Jingwei Capital to invest in 15 companies next year, with a total amount of no more than 50 million US dollars, and all projects must be approved by Lin Zuhui as much as possible.
On the private jet from California to Hong Kong, except for Monica, the other three daughters all returned to Hong Kong with Lin Zuhui.
This trip to the United States, including the time on the road, took exactly a week, and these women were very satisfied, and of course Lin Zuhui also received great satisfaction.
(End of chapter)