Chapter 681 [Two Powers Fight]
The next day, Lin Zuhui came to the New York headquarters of Matrix Capital.
The current Jingwei Capital, in terms of fame, is close to the old limelight companies Sequoia Capital and KPCB, because it bet on a large number of Internet companies, and has become a legend in the investment community in the United States.
In addition to Internet companies such as Netscape, Yahoo, and Amazon, Matrix Capital has also invested heavily in hardware equipment manufacturers such as Apple and Kingston, which has also increased the influence of Matrix Capital.
Matrix Capital has invested in a total of 50 companies in the United States, and 12 companies have been listed, with remarkable results.
Thereinto:
The Netscape shares held by the company have been converted into AOL shares, which are currently worth nearly $400 million, and Lin Zuhui plans to start selling AOL shares in the second half of next year, which can bring at least $500 million in earnings.
The current market value of Yahoo is almost 30 billion US dollars, and Lin Zuhui intends to apply for a reduction in the second half of next year, and it is expected that there will be no problem in cashing out 6 billion US dollars. Although Yahoo has a market value of 100 billion at the end of next year and 128 billion at the beginning of the millennium, it is unlikely that he will be able to cash out in such a short time.
The stocks of Amazon and Apple are not intended to be cashed out, even if they can sell high and buy low; After all, he is a director of two companies, and there is some trouble in selling, plus the prospects of the two companies are good, there is no need to reduce their holdings. The two companies have higher shareholdings, but they will be diluted in the later stage, and there is no need to consider the cash-out part. Even if you cash out a part, it is better to control the 5% shareholding around 2015.
Kingston is not listed, and it is good to pay dividends every year, and there is no need to think about going public, and the debt of its acquisition has been paid off.
Other listed Internet stocks will all start to cash out next year, and they are expected to receive about $1 billion in funds.
Change source app, view the latest chapters of the book on multiple sites at the same time. 】
"Boss!" Lu Bingwen respectfully walked into Lin Zuhui's office.
At this time, Jingwei Capital laid off some American investment managers, so Lu Bingwen was a three-headed run of the United States, the mainland, and Xiangjiang. Fortunately, venture capital has almost stopped in the United States, and Jingwei Capital is mainly concentrated in the mainland and Xiangjiang.
"Well, how is Prie and that search engine company going?"
Lin Zuhui gave up investing in Netflix because Netflix's growth was slow after its listing, and he knew that the stock price really soared after 2010.
And he forgot about the excellent project of PREE, so he immediately arranged for Lu Bingwen to come to the United States to negotiate.
Of course, its market value will be as high as 100 billion US dollars in the future, so it is much better than Ctrip.com, after all, one is global in nature, and the other is limited to the mainland.
"In the first half of this year, PRIE registered a patent for 'Name Your Price'. With its distinctive business model, Prie quickly raised $100 million in funding, and among its investors was even heavyweights like Microsoft co-founder Paul Allen. So, when I came to the door, Walker, the founder of PREE, rejected our investment, and even suggested that if we really wanted to invest, they would only accept 15% of the $100 million. ”
Lin Zuhui couldn't help laughing and said, "It's really arrogant!" Ignore him, I'll see if Prie can be that valuable! ”
How did he remember that after the Internet bubble, Prie's stock price fell very badly, and even Chairman Walker left the board of directors, and the result was that Li Chaoren's Cheung Kong and Hutchison Whampoa invested in Prie.
In that case, after the bubble crisis, let Prie beg him to invest.
The reason is actually very simple, after the bubble crisis, these companies lack capital, and the Internet itself does not have much profitability; At that time, it will be a situation where capital is the boss, except for a few powerful companies, of course.
Lu Bingwen nodded and said, "Hmm." As for the search engine you're talking about, they've officially launched Google this month, now in a garage, and have secured $100,000 in venture capital and handed over a 10% stake. ”
Lin Zuhui immediately said: "We also want to invest 10% of the equity, no matter how much the price, you go and talk about it in person!" ”
Lu Bingwen's spirit was shocked, he knew that the boss's vision was much better than those investment managers, Jingwei Capital was established for so many years, invested in nearly 50 companies in the United States, and threw out the boss's name, and the cost of the rest of the investment was nearly 300 million US dollars, which is almost barely recovering at present, and may be able to make a lot of profit next year, but it will not be more than five times.
On the contrary, it is an investment hand-picked by the boss, and just one Yahoo has multiplied hundreds of times.
"No problem, boss, don't worry, the goole company hasn't gotten up yet, I will definitely get 10% of the investment!"
Lin Zuhui said uneasily: "Get it done as soon as possible, the cost doesn't matter, the relationship should be better!" Let's tell you this, Netscape, Yahoo, and Google are the products of the three eras. Yahoo will eventually lose out at the hands of Google, and the search engine will surely beat the portal. ”
Lu Bingwen was suddenly surprised, but he believed the boss's words very much, because the boss had already invested in Netscape and Yahoo.
"Okay, I know, finish it as soon as possible, and report back to you at any time!"
Lin Zuhui nodded, in fact, he was not sure whether Google's second round was 10% of millions of dollars or 10% of $25 million.
In short, he remembered that Google had only two rounds of financing, and then there was no shortage of money!
Fortunately, they moved into the garage at this time, and there was no reason to turn down a venture capital firm with little influence.
........
When Four Seasons founder Sharp convened the board of directors and announced that Baring Bank was offering $48 per share (41 million shares) to privatize the Four Seasons Hotel, the board exploded.
Of course, this price is quite tempting, after all, it is only $36.8 per share, which is a premium of more than 30%; At the same time, the Four Seasons Hotel still has a debt of 250 million, and the Bank of Bahrain will also take care of it.
"This price is quite attractive, we all know that hotel companies have always been undervalued by the market, and the stock price has been low for a long time; So, since the Bank of Bahrain is interested in acquiring it, it is indeed a good target! One of the directors took the lead.
"I admit that the Bank of Bahrain is a good target, but don't forget that the Bank of Bahrain is backed by super rich people, so the price can naturally be higher. Do you say yes? One of the directors said in a good mood.
"Haha, that's right!" For a time, many directors began to chim.
Sharp was also very happy that the Four Seasons Hotel would be acquired by the Bank of Bahrain at this time, because when Harold, the vice president of the Bank of Bahrain, talked to him, he made it clear that he would continue to support him in the management of the Four Seasons Hotel and retain 5% of the shares.
Of course, Sharp wants to cash out and retire with more than 600 million US dollars, isn't he fragrant; Besides, the impact of bankruptcy has always been in his heart, so he is not at all opposed to selling shares.
Of course, he can't show it yet, because Four Seasons also has two super-rich shareholders.
Also present on the board at this time were Waleed, as well as Bill Gates' personal financial representative.
"Prince Waleed, what is your opinion?"
Waleed was a little embarrassed, he had a good relationship with Lin Zuhui, but he was reluctant to invest in the Four Seasons Hotel, and he knew that Bill Gates also liked the Four Seasons Hotel. But now, he could see that Sharp was already moved.
"If everybody is in favor of privatization, I have no opinion! However, I will choose to keep my shares. ”
One kind of shareholder looked at Waleed, because this one said so, then he also wanted to get involved in the privatization of the Four Seasons!
When Sharp saw that the situation had changed, he was immediately happy, because this was what he expected. His idea is very simple, it is best for Bill Gates, Lin Zuhui, and Waleed, individually or in groups, to privatize the Four Seasons Hotel, so that the price can be a little higher. Moreover, his management rights are still there.
........
Microsoft.
When Bill Gates heard that the Bank of Bahrain was privatizing the Four Seasons Hotel, he immediately changed his expression.
He loves the Four Seasons Hotel because it's where he and Linda got married, and it's very memorable; Moreover, he also likes the style and environment of the Four Seasons, and it can be said that if the Four Seasons Hotel is going to be privatized, then he wants to be himself.
"What do the other shareholders say?" Bill Gates asked about his own private wealth Chuck Affair.
"Everybody is very keen to take advantage of the situation, which means that they are in favor of privatization. The same is true for Mr. Sharp, after all, the Bank of Bahrain may have reached some agreements with him, such as retaining his management rights and part of the shares. ”
Bill Gates immediately said: "Can I immediately come up with the funds to participate in the privatization of the Four Seasons?" ”
"Of course it's not a problem, but you have to sell Microsoft shares, or pledge your shares," Chuck said. Given that Microsoft's stock is still rising wildly, it is not cost-effective to sell it now, so you can give priority to loans, and I believe that many banks are very keen to lend to you, the richest man. ”
Listening to the jokes of private finances, Bill Gates breathed a sigh of relief. I have a net worth of 50 billion US dollars, why not fight for what I like?
.......
The Langham, New York.
Lin Zuhui and Waleed met at their hotel.
The two met while investing in Citibank and have maintained a good friendship ever since. Both he and Waleed often come to the United States in search of opportunities, so they get together occasionally.
"Lin, I've been thrown off a lot by you in terms of investment!" Waleed said with a smile.
Lin Zuhui said modestly: "You are also very good, I have invested a lot of money, but the return is not good!" ”
"Apple? Then you don't have to worry, with the return of Mr. Jobs, Apple has achieved great results. You're already making a lot of money on your books, aren't you? ”
"Haha, Mr. Jobs is indeed the best CEO of Apple."
At this time, Waleed was a little envious, he actually wanted to invest in Apple, but Lin Zuhui was one step ahead; Of course, he doesn't particularly value Apple either, and he has better options.
The two chatted for a while, and Waleed said, "Lin, your Bahrain Bank wants to privatize the Four Seasons Hotel?" ”
Lin Zuhui nodded and said, "That's true!" I know that you are a significant shareholder of Four Seasons, and although I have not communicated with you in advance, I have always believed that you are welcome to join us. ”
"You may not know it, but there's another person who has a soft spot for Four Seasons, and that's your rival, Bill Gates," Waleed said. ”
Lin Zuhui hurriedly waved his hand and said modestly: "How can I be compared with the world's richest man and technology giant." ”
Waleed said with a smile: "People on Wall Street say that, in fact, your wealth is underestimated by magazines, after all, Bill Gates does not have so many companies that are not listed." Moreover, you are also a tech giant, and the Yahoo and Amazon that you have invested in, and the ICQ that you have created, are all technology companies. ”
"That's far from Microsoft, Microsoft's market value should still have a big increase (currently $235 billion), and I won't be surprised that Bill Gates will be worth $80 billion next year."
"Indeed, Bill Gates's body is going too fast! So, if you buy Four Seasons this time, you may meet a strong opponent. ”
Lin Zuhui didn't have a surprised expression on his face, but asked generously: "So what about you, you plan to unite with that friend!" ”
He knew that Waleed and Bill Gates were also friends, and he was also friends with Warren Buffett, so he asked this question.
Waleed said with a smile: "I hope to convince the two of you that you can work together, but if it is not possible, I will only keep my stake and join which side of your victory." ”
Lin Zuhui was silent, he didn't dare to underestimate the current richest man in the world, Bill Gates holds 27% of Microsoft's shares, and there is absolutely no problem for Microsoft to break through the market value of 250 billion this year; A tech veteran with a net worth of about $60 billion will easily back down there.
However, Lin Zuhui is really unfamiliar because he has invested in a lot of shares of Bill Gates' rival companies, and refused to allow Microsoft to acquire IQC, and the relationship between the two is originally a general friend.
"Then let's see how things develop next!" Lin Zuhui said with a smile.
"Okay, I hope you can handle this well!"
Next, the two chatted. Lin Zuhui naturally wanted to show off the Boeing 747 private jet he was about to deliver, and Waleed was also very interested in this, and the idea of a bigger private jet was born in his mind.
In fact, Waleed also has a superyacht, which is bigger than the two in Lin Zuhui's house, he used to play on it, and he has always been thinking about the 100-meter super modern yacht.
Therefore, he has asked the family office to go to Germany to investigate and see if he can build a luxury superyacht, a superyacht that can take 100 people and can take off helicopters.
.......
Apple.
Lin Zuhui came to Jobs' office and made a suggestion to him.
"Jobs, what do you think of the MP3 product?"
Jobs thought for a moment and said, "Of course, I pay more attention to Apple's computer business than MP3. Lin, do you think the prospects for this product are very good? I remember, MP3 was invented by Xiangjiang Xiaomi Technology, and you are the majority shareholder of this company! ”
Lin Zuhui said with a smile: "Not bad! For mp3, I suggest that you should pay attention to it, think about it, how many Sony Walkmans have been sold? And now that we have entered the Internet age, a product that is smaller and more convenient than the Walkman, why doesn't Apple pay attention to it? ”
Jobs got serious, in his opinion, Lin Zuhui definitely understands technology, otherwise he would not have invested in so many American technology companies.
Next, the two discussed seriously!
Lin Zuhui even described the design and specific functional effects of Apple's iPod in his previous life!
"If it weren't for the popularity of computers in Asia and the fact that the Internet speed was too busy, I think Xiaomi Technology could have developed such a good product! Such a product is a boon for people who like music. Importantly, Apple can also grow with software. ”
Jobs nodded and said, "Okay, your suggestion is very good, I will definitely take it to the meeting to discuss!" ”
Lin Zuhui said with satisfaction: "OK"
Now he is the majority shareholder of Apple, and he can make money as many Apple phones as Chinese people buy in the future.