Chapter 810 [Wealth and Wealth]

California villas. Lin Zuhui and Guan Jiahui had a party in this room. The eldest son of the two, Lin Wenhua, married a white man as his wife the year before last, and gave birth to a mixed-race baby last year, because he was not a child in the main room, Lin Zuhui did not interfere.

Lin Wenhua is currently a post-80s entrepreneurial star in the United States, and as the founder and cEo of Uber, he is also very well-known in the United States, although there is still a gap between him and Zuckerberg, but he also has a good influence.

As for the youngest son Lin Wenli, he is now following Guan Jiahui and joining the investment company of this house. Lin Wenhua confidently introduced the development of Uber at this time: "In Huaxia, we attracted a total of 1.2 billion US dollars in venture capital last year...... We are confident that we will break the record of failure of American Internet companies in China. Lin Zuhui listened carefully, he didn't expect Lin Wenhua to really do this, originally, he casually put forward an idea, thinking that Lin Wenjie would start a business, and if possible, hire a professional manager.

As a result, Lin Wenhua has done a good job, and Uber is now operating in more than 60 countries, with a valuation of more than $16 billion.

Even in Huaxia, Didi Chuxing has not changed its name and is not a match for Uber at the moment. However, when he heard Lin Wenhua's bold words to break the record of American Internet companies failing in China, Lin Zuhui couldn't help but shake his head.

"Father, aren't you optimistic about Uber in China?" Lin Wenhua asked seriously. Lin Zuhui said calmly: "Sometimes the environment is the most important, Amazon, Google..... Which of these enterprises did not go to China happily, and the result? It's good to have fighting spirit, but you can't be proud. Lin Wenhua was criticized by Lin Zuhui and said calmly: "However, at present, Uber's orders in Huaxia far exceed Didi Chuxing!" Lin Zuhui said: "You just seize the opportunity, just like Lyft, a competitor in the United States, the first step is to get investors and ideas, user awareness and so on." Of course, I'm not trying to discourage you, but to let you know that you can learn to retreat bravely. ”

"Rapids retreating?"

"Yes, once Huaxia's business is overtaken by Didi Chuxing, then it must not be remembered and inject business into Didi Chuxing, which is the best plan. The same is true in Southeast Asia, in Russia, and so on. Uber should concentrate on Europe, the Americas, and Australia. And Asia hasn't given up, after all, you've traded for a lot of assets, which is very good for valuations and market capitalization. Lin Wenhua didn't listen to Lin Zuhui's words, and Lin Zuhui said that when the local company surpassed Uber, he retreated bravely, and did not say that he would give up at the beginning.

"I see what my father meant!" Lin Zuhui nodded, the son can be taught, what he talks about is experience, in the previous life, Uber would not have exchanged the business for 16% equity of Didi Chuxing, and in this life it will definitely be able to exchange for more equity, including Southeast Asia.

"You've done a good job of suppressing Lyft, but be aware of your own internal problems?" As the market leader, Uber itself needs a lot of money to burn, and it was less than $10 billion in its previous life, with a market value of only $100 billion at its peak, and it was about $60 billion in the end.

Uber needs money so much, so it naturally needs a large number of venture capital institutions, and Lin Wenhua and other management teams have invested in Uber, so they can't invest in Lyft; Even some people who are interested in investing in Lyft, Uber will call them and woo them.

At the same time, some investment banks that underwrite stocks, such as Goldman Sachs and Da Mo, have given up on partnering with Lyft and have chosen to partner with Uber.

This kind of behavior is not so much about killing it out, but it can delay Lyft's development, so the company is currently valued at only one-tenth of Uber's value.

"Internal problems?"

"Yes, for example, the scandal of internal management, for example, the safety of passengers, once it is amplified by the media, Lyft can take advantage of it. Therefore, while you are developing, you must do a good job of management. For example, strengthen the data review of Uber drivers, and the dash cam on Uber cars must of course ensure the rights and interests of customers, comply with US laws and regulations, and avoid infringing on customers' portrait rights. ”

"Well, we'll step up that." Lin Wenhua did not refute that Uber did these jobs, since his father said so, then he felt that Uber should be strengthened, do better, and take precautions.

After all, my father's visionary name is famous all over the world. Lin Zuhui said unsatisfactorily: "Since we talked about valuation and market value just now, I will give you another suggestion." Assuming that in the future, Uber will be more valuable than Lyft in terms of market capitalization, as it will be able to focus on Europe, the United States and Australia, while other regions will take a stake in local companies, which will certainly be higher than Lyft's, because it will not be able to develop globally. ”

At the same time, Uber also needs to build an ecological chain and expand its business, such as launching the UberEats food delivery service..... UberFreight Freight ....... Huge network, leading technology, excellent operation, product experience, build Uber moat, Uber has built a huge network covering drivers, consumers, restaurants, couriers, bicycles, and this network is self-reinforcing, that is, the so-called

The "flywheel effect", for example, Uber users can use two or more services at the same time, such as ride-hailing and food delivery, and one Uber ride-hailing driver can also use their spare time to deliver food. Although Lin Zuhui does not say that Uber will also take this road, after all, when the enterprise develops to a certain extent, it will naturally think about outward development.

However, if he tells Lin Wenhua now, Uber can lay out and think in advance. In this life, Uber was born one year earlier than the previous life, and with sufficient initial funds, the development may be 1~2 years earlier than the previous life.

Lin Wenhua listened very carefully, for fear of missing his father's teachings. For a long time, Lin Wenhua sighed: "My father is the godfather of the Internet, and he has invested in Netscape, Yahoo, Amazon and other companies that have created an era, and his understanding and vision of the Internet are really unparalleled." Guan Jiahui looked adoring, and even her daughter-in-law Lucy admired it, although at first she didn't like this father-in-law's irresponsibility to the family.

"I just know the surface, you remember, it is not enough to talk on paper, Internet companies are not only said to be industries without technical content, on the contrary, the technical content is higher, because once the customer is not satisfied, the Internet will be enlarged a lot, in the final analysis, to serve customers well."

"I understand, I'm going to do it well!"

"Hmm. Although at the beginning I thought that if you don't do well, you will go home to inherit the family business and share your mother's worries; But so far, it seems that I am surprised and satisfied with what you have done. ”

"Thank you Dad for your encouragement!" Lin Zuhui nodded, and then encouraged Lin Wenli. In fact, Guan Jiahui's industry is not complicated, mainly holding shares in Apple, Microsoft, Google, and Amazon, each of which is about 0.5%~0.9%.

In addition, it is to invest in properties in Europe and the United States. To put it bluntly, it's a real estate company. ........ Night.

Kwan Jiahui was dressed in office oL clothes and walked into the bedroom, where Lin Zuhui was surfing the Internet. The woman came to his side, leaned in and said, "Am I not attractive?" Lin Zuhui turned the chair, and then looked at Guan Jiahui, who was almost 52 years old, but he looked like he was 35 years old, probably the same as when he filmed "Huang Feihong: The Lion of the Western Regions" in his previous life, and he was still very beautiful, after all, she still got it at that age

"The 50 most beautiful celebrities in the world". To be honest, this woman is sixty years old, and she is also attractive to Lin Zuhui.

The important thing is that after so many years of training, she will get a lot!

"How could it be! You see I don't feel very good! Guan Jiahui suddenly smiled, full of light mature woman style, and then slowly squatted down, putting Lin Zuhui's hand on her cheek, full of girlish style, still like romance.

"Ah Hui, shall I go back to Hong Kong with you?"

"Well, it may not be convenient this time!" Guan Jiahui's eyes widened and said, "Looking for a younger one?" ”

"'92!"

"I'm so young, it looks like I'm too embarrassed to join!" Lin Zuhui saw that Guan Jiahui was a little lost, and comforted: "You are more charming than her, she is just a spice, we have been in a relationship for 30 years." Guan Jiahui was suddenly swept away, stood up, and began to twist in front of Lin Zuhui.

"Hmph, I'm going to serve you well tonight and make you miss me on the plane." ................ May.

In the southern waters of Hong Kong Island, the 'Chase the Day' superyacht. In the large dining room with a capacity of 24 people, it was temporarily requisitioned as a 'conference room', and Lin Zuhui sat in the main seat, starting with the twelve family directors.

Yes, Lin Zuhui also included Singapore's three daughters and children into the family office.

"Dozens of citizens protested against the world's richest man being too rich in the second phase of the International Financial Center," Lin Zuhui read out the news title of a newspaper, and then slowly put it down.

For a while, all the women made remarks.

"I don't work hard to make money, but I protest that others are too rich."

"That is, Xiangjiang is one of the freest places in the world to do business, and they don't have the ability, but they blame others for making money."

"Brother Hui has worked so hard for charity, and he has been targeted by them like this, it's too much!"

"Brother Hui is not only doing charity efforts, but also making a great contribution to the development of Hong Kong, which is not brought up by Brother Hui." All the women were upset for Lin Zuhui, feeling angry and cold.

And Lin Zuhui himself seems to be breezy and cloudy, how many years have he been in this position, and his heart is already a normal heart.

He understood Li Chaoren's situation in his previous life very early on, and understood what an 'international businessman' needed to face!

"That's it! Everyone stands in a different position, and we can't ask everyone to think the same. This invitation to the twelve of you to a family meeting is an average of wealth. ”

"After many years of my relationship with you, I have long trusted you very much; At the same time, I see my children's sense of belonging to the family and their feelings for me, which is also the reason for my decision today. The women held their breath, knowing that the man was going to lose his wealth.

Looking at the 12 directors, all wearing office oL, Lin Zuhui knew that there was still a good show today, but now he needed to have a family meeting.

"Guan Jiahui, Qiu Shuzhen, Li Jiaxin, Li Zi, Lin Zixia, Monica, the four technology stocks held by the six of you have huge potential, and there is still a lot of room for growth, so there is no need to worry. So, I won't increase your wealth for your six rooms, are you okay? ”

"Nope!" The six girls said with a smile. It's a smile from the heart, because Lin Zuhui said that there is still a lot of room for growth, which is enough to make people excited.

At present, Apple's market value is $500 billion, Amazon's $150 billion, Microsoft's $350 billion, Google's $400 billion, and the total market value of the four stocks is $1.4 trillion, and their net worth is $10 billion based on the average shareholding of 0.7% per person.

Every house plus other wealth, has reached the level of hundreds of billions of Hong Kong dollars, not to mention that it can continue to rise, Lin Zuhui will let them start to slowly reduce their holdings in March 2020.

At the same time, they are also foreigners, and their shareholdings are scattered and offshore, and their net worth of $350 billion will not be a problem.

The shares of Apple, Google, and Microsoft held by Jingwei Capital are still continuing to reduce their holdings until they empty their investments in U.S. stocks.

Of course, Lin Zuhui's private investment company, 'Hengjin Investment', retains 2% of the shares of Apple, Google, Amazon, and Microsoft.

In this way, the Lin family holds almost 6% of the shares of these companies, which is not a loss. The Americans are not at a loss, after all, these companies were invested and developed by Lin Zuhui.

"Zuxian, Qingxia, your assets are a little thinner, but TSMC, Hon Hai, and MediaTek have all risen several times, after all, Taiwan Semiconductor is a global development trend, and Formosa Plastics is also good."

"Of course, I have prepared another investment plan for the two of you, you follow the implementation, and I will pay the funds."

"The plan is simple, the two of you each buy 2% of Penguin stock, and I'll pay for it." Lin Zixia thanked happily, although Wang Zuxian was calmer, she was also very happy, after all, this was Lin Zuhui's intention.

Next, Lin Zuhui said to Li Zhi, Zhang Min, and Zhou Huimin: "The three of you also buy 2% of Penguin shares each, and the funds are still from me." The third daughter didn't expect that as soon as she joined this official family group, she would receive a big gift, and hurriedly thanked Lin Zuhui and thanked Wang Lingyin for her generosity.

Wang Lingyin said with a smile: "He is too good at making money, and it is reasonable for the family to share the risk." Our family has a huge fortune, and there should be no conflict over money, and our men also have plans in their hearts, so they are all sisters. "Another burst of thanks, after all, 2% of Penguin shares are worth 20 billion Hong Kong dollars!

Lin Zuhui then said: "Since you bought 10% of the penguin shares this time, I want to cash out more shares here." To put it simply, I cash out, you buy. The detailed plan is...... In short, the market value of Penguin is at least 3 trillion to be reasonable, after all, where does the population come from. Lin Zuhui arranged step by step!

The tax rate of the Xiangjiang stock market is not high, and there is no need to be heartbroken, in fact, even according to the high profits tax of 10~15% in the United States, Lin Zuhui will not be heartbroken, after all, there are several times the increase.

As a result, Jingwei Capital only has 12% of Penguin shares left, and Lin Zuhui Foundation still holds 10%; The charitable foundation will also gradually cash out, but there is no urgency, after all, the 'Lin Zuhui Foundation' itself still has a lot of money to support charity.

The 12% stake in Jingwei Capital will gradually cash out 7%, leaving only 5%, and the family office will also hold 5% offshore.

After some operation, the Lin Zuhui family will probably hold 20% two years later, but nominally only Jingwei Capital holds 5%.

In this way, Jingwei Capital only has Ali's shares left unprocessed, and Lin Zuhui will still choose to cash out.

In the end, Lin Zuhui said: "Okay, this matter is over, and then we need hAppY to get up, you cheer me up!" ”

"Yes, sir!" The eldest Lin Zixia joined in, although she is 59 years old, her actual age is in her early 40s, she is considered a lady, probably what she looked like when she retired in her previous life, and it is still tempting.

Lin Zuhui doesn't care about those, he is familiar and familiar, and he is not young. This weekend, Lin Zuhui plans to enjoy the weekend with everyone on the yacht for two days and two nights.