Chapter 613 [Internet Venture Capital King]
Matrix Capital, California (USA).
Matrix Capital (USA) has become a star of the most popular companies in the United States, investing in 28 companies, but has already flocked to such companies as Activision Blizzard, Kingston, Netscape Browser, and YAHOO.
Lin Zuhui injected a total of $215 million into Jingwei Capital, and has spent $1.08 billion, of which Kingston spent $1 billion, so the current cash flow on the account is about $120 million, and the debt is $1 billion.
Historically, Netscape was acquired by AOL (AOL) in 1998 for $4.2 billion, and this transaction will bring about $400 million in revenue to Matrix Capital.
YAHOO SHOULD GO PUBLIC NEXT YEAR, BUT IN 1999 THE MARKET VALUE SHOULD EXCEED 100 BILLION; Jingwei Capital currently holds 20% of the shares, and even if it is diluted to about 10% after listing, it will be worth as much as $10 billion, and it will all be cashed out before the bubble crisis.
Activision Blizzard, not considering selling for the time being; Lin Zuhui divides Activision Blizzard into two parts - Blizzard Entertainment and Activision. Blizzard Entertainment has now perfectly completed the first or second of "Warcraft", and "Diablo" is also under development, just one "StarCraft" is missing, Lin Zuhui has almost never interfered, and will still move forward according to the history of his previous life. Activision, I can give some game suggestions later.
Kingston, investing for the long term.
As for the other 20 or so companies, if they can go public, they will consider cashing out before the bubble crisis.
In the conference room, Lin Zuhui and a group of investment managers are in a meeting. Although Lin Zuhui has been in Hong Kong, Jingwei Capital will send back some project information to Hong Kong every day for Lin Zuhui to understand the situation in the United States.
In fact, except for the projects that Lin Zuhui fancies, Jingwei Capital has hidden the existence of other projects, so it has been controlled in terms of quantity and price.
Fries, the investment manager, said: "Recently, an Internet company has just appeared, which is actually called Amazon, and it has the same name as the boss of your Amazon shopping center. Therefore, should you send a lawyer's letter to warn them to change their name immediately? ”
Lin Zuhui was stunned, didn't Bezos know about the existence of Amazon Mall?
At present, Amazon Mall has completed 19 renovation projects, and recently acquired 10 more shopping malls to be renovated and upgraded (depending on the situation, some will be re-planned and renovated, and some will only be re-branded).
It stands to reason that Bezos should have heard of it, right?
However, perhaps because it is not yet the age of the Internet, and Bezos is starting a business in Seattle, he may not have heard of it.
Lin Zuhui asked, "What kind of Internet company is this?" ”
"It's a company that uses the Internet to sell books, and I'm still optimistic about the company, and I'm ready to suggest that the company invest," Freese said. However, this name has indeed been infringed. ”
It is said that Blizzard Entertainment wanted to take a 'Chaos studio', and unexpectedly, a New York-based company had registered the name and offered to pay a $100,000 transfer fee.
Lin Zuhui thought for a while and said: "I am very interested in this model of using the Internet to sell books, since the Internet can sell books, then can more things be sold in the future." When a customer places an order at night, the Internet sends a courier to the customer and mails it to the customer's home, will this be a promising industry? ”
An investment manager asked, "How to solve the payment method?" ”
Lin Zuhui said with a smile: "Online banking similar to the banking system! ”
"Is it safe?"
"This is a matter for the future, when the Wright brothers invented the airplane, can you think that the aviation industry has developed into the current situation?"
"That's what the boss said!"
Seattle.
Bezos has been very excited recently, Amazon has finally opened after a year of preparation, and after half a month of business, the turnover has exceeded $7,000, which is a good start.
The phone rang and remembered, Bezos hurriedly picked up the phone, the company does not have too many people at present, so many calls are directly to his office.
"Hello, is it Amazon?"
"Yes!"
"What is your role on Amazon?"
"I'm Bezos, the founder of Amazon.com!"
"Mr. Bezos, yes, Amazon Mall has been registered for almost two years and now has 29 Amazon Malls across the United States. So, I'm sorry to tell you that you can't register Amazon as a website name. ”
Bezoston was dumbfounded, how could he not know about this? You know, for the name of Amazon, he has been thinking hard for a long time, and he likes 'Amazon' very much, because he thinks that Amazon is pregnant with the most creatures in the world, so Amazon will also want any product to be sold on it in the future.
"Shopping malls and websites are two different areas, so there shouldn't be infringement, right?" Bezos said with one last reluctance. In fact, of course, he knew that he might get into trouble, but he really didn't want to use the 'Amazon' sign.
"We've consulted with a lawyer and we've decided on this. However, Mr. Bezos, our boss is very interested in your website and would like to meet you. By the way, I forgot to tell you that we are Jingwei Capital Company, and the boss is Mr. Lin Zuhui, the richest man in the world. ”
Bezos was stunned for a moment, and immediately asked: "Amazon shopping mall is also Mr. Lin Zuhui's industry?" ”
"Of course! So, our boss wants to talk to you! ”
"Okay then, how about tomorrow?"
"Well, it should work!"
After hanging up the phone, Bezos hurriedly called a friend in California to ask if there was a brand called "Amazon Mall", and got a positive answer, and then asked a lawyer friend, and the result was still "bad" news.
Suddenly, he felt a little lost.
He was born in an investment bank, and he is very cautious about venture capital, so he initially planned to find relatives and friends to attract investment, and when the scale is large, he will invest in the bank and then go public for financing.
"Do you want to stick to the name Amazon?"
"If Jingwei Capital wants to invest, what conditions will it require?"
Bezos fell silent.
The next day, Mr. Lin flew to Seattle on a private jet and found Bezos' company.
The first time they met, Bezos gave Lin Zuhui the feeling that he was a programmer, although he was born in an investment bank, he was said to have studied programming for a few months.
At this time, the office location of Amazon.com was very simple, and it is said that it was in the garage at the beginning to prepare for the start-up, and now it has only moved into the office building.
After everyone sat down in Bezos' office, Bezos said, "Mr. Lin, what is your idea for naming 'Amazon'?" To be honest, I've been preparing to start my own business for more than a year, and I haven't noticed the establishment of Amazon Mall. ”
Lin Zuhui said in his heart: "It's named according to your ideas!" "He's a name, so he likes to steal from his past life.
What's more, choosing a company name is very laborious and energy-intensive, and if you can take it, why not take it!
Lin Zuhui said with a smile: "The Amazon is the largest river in the world and is home to the most creatures. That's why I want my shopping mall brand to open all over the world and sell the most products in the world. ”
Bezos was stunned, how could this idea coincide with himself!
He smiled bitterly and said, "Don't hide it from Mr. Lin, I think the same way, I think my website can sell the most variety of books in the world!" ”
Lin Zuhui said: "I am very optimistic about this project, and the Internet shopping site can not only sell books, but also clothes and home appliances. With the development of time, Internet shopping sites will even hit the real economy hard, people can buy anything without leaving home, and the whole world will become a logistics system. Therefore, if there is such a budding Internet company, I would like to invest in it. ”
Bezos was stunned again, is this a prophet?
Of course, he thinks the same way, everyone is the same kind of person.
"Mr. Lin, the name of this 'Amazon'?" Bezos hesitated.
Lin Zuhui said with a smile: "What you do is the 'Amazon' Internet, that is, online, and what I do is the 'Amazon' shopping center of the real economy, that is, offline." Theoretically, if you go through a lawyer, of course, you can exist at the same time. ”
When Bezos heard this, he felt a little hairy in his heart, after all, Lin Zuhui's name was definitely not to do good deeds.
Eventually, he said, "I decided to change my name anyway, because it's confusing." ”
Lin Zuhui sighed regret in his heart, he originally planned to pull the Amazon signboard!
"Alright! Can we talk about VC investment? ”
Bezos said, "I'm sorry, but I'm not going to accept VC funding yet!" "His mind is in turmoil, after all, he has lost the good name of Amazon.
Lin Zuhui said in a chic manner: "Since this is the case, then I can only invest in the same type of Internet shopping website, I am really optimistic about this industry!" ”
When Bezos heard this, his hairs stood up instantly, because he remembered that Lin Zuhui's understanding of this field just now could be said to be longer than he had been planned. That is to say, if Lin Zuhui invests in a rival company, he relies on his capital, connections, and overall planning cognition. Well, Bezos believes that he will definitely not be able to do this rival company.
"Wait a minute, I want to ask Mr. Lin, how much money do you want to invest and how many shares do you want to occupy? If the conditions are right, I can give you a priority! ”
Lin Zuhui suddenly wanted to laugh in his heart, when Son Masayoshi invested in Yahoo in his previous life, it is said that it was the same, that is, he offered a high price and threatened to invest in a rival company.
"I don't ask for much, $2 million for 10% of the shares."
It's a normal angel wheel!
Bezos agreed quickly this time, and immediately said: "I can accept Mr. Lin's investment, but Mr. Lin has to promise me that he will not invest in similar companies." ”
Lin Zuhui stretched out his hand and said: "If we are friends, then I will only hope that your company will become stronger and stronger!" ”
Bezoston also stretched out his hand and said, "If I can be friends with someone like Mr. Lin, I believe you will definitely give me some good advice!" ”
"Why not! Venture capital does the same kind of work! ”
That's right, venture capital is not without real power, they can even advise or participate in the recruitment of CEOs, provide human resources, and can also advise on business methods, etc.
Although Lin Zuhui invested 10% of Amazon's equity, it will definitely be heavily diluted in the future, after all, shopping websites are burning money from the beginning, and they may burn billions of dollars.
The deal was quickly negotiated, but what Lin Zuhui didn't expect was that Bezos finally decided to use 'Amazon' and asked to sign legal documents with Lin Zuhui.
At this time, Bezos didn't think about how big the market for Internet shopping sites would be, or how big he could be; He only knows that the name Amazon is very good, and in terms of popularity, Amazon Mall is even louder, and he can also use it to increase his influence.
Before returning to Xiangjiang, Lin Zuhui said to Lu Bingwen, president of Jingwei Capital: "Have you ever played video games? ”
Lu Bingwen nodded and said, "I've played some, but I'm not particularly good at it, mainly playing with children." ”
He received a Western-style education, and his children are also studying in the United States, so it is normal to play games with his children.
Then, Lin Zuhui described the "Counter-Strike" game in his memory, and Lu Bingwen wrote it down while listening, and the handover was soon completed.
He didn't tell where the plan came from, and Lu Bingwen wouldn't ask.
"According to this game plan, Activision is called to make a stand-alone or battle game, and the development time can be longer, but it must be a high-quality product."
"Okay!"
Without wasting a useful memory, if you sell Activision Blizzard in the future, you will naturally be able to sell it for a higher price.
Of course, he will not keep Activision Blizzard in his hands, sell it when it is suitable, and will not wait until after 2015, he has no shortage of projects to make money.
(End of chapter)