Chapter 3: JYP
SK Group focuses on energy, chemicals, and information and communications as its two pillar industries.
Lu Yu had a headache and looked at the kakao company to which Leon belonged, which had been acquired, and SK was even more powerful, especially in this country, where SK's energy was even stronger.
Although it was acquired by kakao, SK's influence is still there.
The former boss still owns 10% of the shares, and the remaining value has not been squeezed out.
KaKao's strides in recent years have been a bit big, and anyone with a discerning eye can see the competition between SK, KK, and CJ.
It seems that it is not easy to fight for equity from them.
But what's interesting is that KaKao's equity in Sprout Biotech has a 7.8% stake.
At that time, Sprout Biotech wanted to meddle in the shares of Sprout Biotech in order to disgust Tencent.
At that time, Tencent had plans to invest in a company called KaKao, which eventually accounted for 13.54% of the shares
The sprout creature immediately got used to it, and wanted to go back disgusted, so it was forced to raise the equity price a lot.
At that time, KaKao was very happy.
There is no surprise.
Although the market value of Sprout Biotech is not as good as Tencent, it should not be underestimated, and its energy is not much inferior to Tencent.
Tencent also doesn't have much to do to sanction Sprout Biotech.
But Tencent refused to let go when Sprout Biotech wanted to recycle or even replace its equity.
Firmly grasp the shares of Sprout Biology in his hand, this is a golden rooster that can place orders, and he will be stupid to agree to let Sprout Capital repurchase shares.
And from the current point of view,
Kakao's development and investment prospects are still very strong.
Lu Yu picked up his mobile phone and made a call, waiting for the other side to speak,
"Not enough money? Don't look for me, I've already called you this month, and if you give it again, the old man will get me in trouble. ”
A calm male voice came up through the mobile phone,
"I swap 2.4% of Sprout Biotech's entire stake in Kakao, and I think the people in the company will agree."
The market value of Sprout Bio is about 800 billion, but what about Kakao? The market value is about 200 billion. (Kakaopay,Kakaobank didn't seem to be really very valuable Yazi before Kakaobank was listed,)
The person on the other side was silent: "Have you thought about this matter clearly?" ”
"If you think about it, I agree, but I'm going to tell the old man your decision."
After a long while, Lu Cang slowly spoke,
"Once you've really thought it through, come back and sign the contract."
"No need, you send someone over, when the time comes, I'm afraid that the old man will kill me."
Lu Yu's tone pretended to be relaxed,
"Rather than putting 10% of the budding shares on me and doing nothing, it is better to bet on the potential of budding capital." Lu Yu teased in a mocking tone, and then hung up the phone.
Lu Yu exhaled and muttered: "Sprout Creature ......"
"It's okay like this, it's okay to completely break my thoughts."
Two months later,
In the past two months, the dust has settled on Lu Yu's replacement of shares, and Lu Yu got 7.8% of the shares of Kakao Company as he wished.
At the same time, the first capital of Sprout Capital resounded in the industry.
Sprout Capital invested $200 million in Kakaopay to acquire a 39.1% stake.
Later, it acquired a 36.7% stake in KaKaoM for $100 million.
The large amount of investment funds shows the strong financial strength of the budding capital.
It has attracted many entrepreneurs who lack capital to come and hope to get investment from budding capital.
"President, we think your decision needs to be carefully considered, and that company does not need to invest at all at this time."
Jin Zhishan's face was puzzled, if he said that he was optimistic about the prospects of KaKao before, then now he really can't understand Mr. Lu's decision.
Invest in JYP!
What is the situation of JYP today, there is no one in this country who does not know, a word is miserable
Nowadays, JYP's stock price can be said to be less than the price of a glass of Frappuccino, and investing in such an entertainment company is not even as good as tapping potential trainees in its company.
It can be said that a large part of the reason why it is so miserable is because of Leon
January 16, 2014
LOEN sold all of its 7.19% stake in JYP.
Because LOEN sold all the shares in his hands, retail investors also sold them.
As a result, JYP almost went bankrupt because of this incident, and JYP is still in a half-dead state.
For Lu Yu's investment in JYP Kim Ji-sun does not have any hope of profits, after all, an entertainment company that will collapse at any time, although the president is Park Jin-young,
But to be honest, today's JYP is only worth a few combinations and its own president.
Lu Yu's fingers rhythmically tapped on the solid wood desk: "JYP's overseas response is okay, and it is popular in RB, which is why JYP is still alive." ”
"I am very optimistic about the future of JYP, including Park Jin-young, JYP may not have a chance to turn over."
"Sprouts can be used as this force, once it succeeds, it will make a lot of gains, even if it fails, there is nothing to lose."
"I don't need to teach you what to do next."
Lu Yu's hammered finger stopped, and his voice stopped abruptly.
Kim Ji-sun bowed respectfully, "President, I understand that I will plan JYP as soon as possible to discuss a specific plan." ”
Lu Yu rented a floor of the office building in the past two months as a branch of Budding Capital in Korea.
Domestic affairs are handed over to professional managers, and some major events are sent to Lu Yu for a look.
Sprout Entertainment has just been established, and Sprout Capital will focus on helping Sprout Entertainment develop.
Lu Yu's main purpose here is to learn the system here, and secondly, the largest investment of Sprout Capital in recent years, plus the name of domestic sprout biology is too prosperous.
Even if Lu Yu does something, he will have the aura of a budding creature, and no one will know what he has achieved for Lu Yu.
Everything is taken for granted, it is good to enjoy the shade with the back of the big tree, and it is not natural for budding capital to make achievements.
It's not normal to have no grades.
It is precisely because of the pride in Lu Yu's heart that Lu Yu is determined to make some achievements in a foreign country to show him.
To say that Lu Yu willingly chose to be an art student, it is unrealistic to give up the inheritance of the budding creature.
It is inevitable that there will be some loss and unwillingness, but Lu Yu does not regret that choice.
Now that there is an opportunity to make achievements, Lu Yu must of course seize the opportunity to find an opportunity.
He doesn't need a budding creature, and he can become the next budding by relying on budding capital.
Instead of becoming the sprout of a budding creature, it exists as the sprout of budding capital!
For various reasons, Lu Yu changed his original plan and felt that he had completely developed the sprout into a towering tree in a foreign country.
Become the sprout of independent growth, and do not rely too much on the shadow of the towering giant trees.