Rebirth of the big era of online games

Chapter 153 Shares in 51job
The sale of mobile phone recharge cards is indeed profitable, but Fang Jie knows that this is only temporary.

Once the integration of mobile and telecommunications is completed, 51ka will definitely not have such a big advantage to take advantage of. After all, the country's advantages are not so easy to take advantage of. It's just that you can fly for a while while taking advantage of the chaos.

But it’s okay to fly for a while, and the money earned is enough to do some things.

After doing some calculations, excluding overseas game fund accounts and overseas securities fund accounts, domestic funds have accumulated more than 1500 million.

Then, he decided to spend all the money.

1500 million, seems like a lot?

Not much actually.

At least for the stake in 51job, it can only be considered a drizzle.

51job, also known as "[-]job" in later generations, is a leading human resource network service provider in China. Its business not only involves ordinary talent recruitment, but also high-end white-collar headhunting services.

When Fang Jie preempted the domain name, he wanted to preempt 51job, but it was a step too late.

He is well aware of the importance of talents, no matter what he does, he will eventually find that in order to succeed, he must "put people first".

If the business groups in all aspects in the future are high-rise buildings, then the deployment of human resources is to find the reinforced concrete for the construction of these buildings, which is the cornerstone of the buildings.

It's a pity that 51job was established last year, and in February of this year, when Fang Jie was reborn, he received 2 million dollars in venture capital...

The great opportunity was missed, and Fang Jie felt very helpless about it. You can't blame God for delaying his rebirth by a year, right?

But it's not too late to make up for it. Now that we have money and time, this layout must be put on the agenda.

They just raised 1400 million US dollars half a year ago, so the 1500 million was thrown in, and there was almost no sound.

I won’t say much about the specific financing negotiation process. In the end, Fang Jie invested 1400 million RMB in 51job, accounting for 5.61% of the shares, becoming the company’s third largest shareholder.

The largest shareholder is Bain Capital, which invested US$1400 million. Its headquarters is in Boston, Massachusetts. It is a leading global strategy consulting firm, providing clients with consulting services in strategy, operations, technology, organization, and mergers and acquisitions.

So unlike investing in Tencent, Fang Jie didn't take advantage of it this time. They are much more professional than him, so they are not so easy to fool. It can even be said that letting him go in and mix things up is very good for him.

The second largest shareholder is the founder of 51job, Zhen Ronghui. He is from Hong Kong and is the president of Bain Capital China. Currently, he only controls 51job and does not actually participate in the management of the company, but he has the absolute right to speak.

It was precisely because of his consent that Fang Jie successfully entered the game. This was mainly because the company with the largest shareholding was not a domestic company, and he was from the Hong Kong area. The entry of shareholders is also a strategic consideration.

After completing the investment in 51job, Fang Jie became impoverished in an instant, with more than 100 million and less than 200 million left in his domestic account.

But it's all worth it.

In the future, if any talents are needed, why should I use myself to recruit online, and directly ask 51job to help find and find the corresponding personnel, and the corresponding personnel will be in place quickly.

Even if you don't consider the talent headhunting, it's a good deal for pure investment.

In the second half of 2004, 51job will be listed on Nasdaq. At that time, even if it only holds less than 6% of the shares, it will be a [-]-fold rate of return.

If it wasn't for the lack of money, he really wanted to get more shares, but this matter is really not about money, even if he has money, people may not be willing to let him take more shares.

During the operation of this matter, the matter of provincial liberal arts champion and college entrance examination composition gradually subsided.

Of course, this is only for the news media and the general public. Now if Fang Jie goes back and walks on the street, everyone in Shuanglu District will still be known and everyone will look sideways. Maybe someone will report the news later, and media reporters will come again. up.

So Fang Jie decided to wait for a while.

But after waiting, he waited for the admission notice from Jiangcheng University of Technology, and then he couldn't continue to hide, because there was going to be a big banquet at home, and his father Fang Wanxing asked him, the client, to go back.

This is very incomprehensible.

This time is not like later generations, who dare not make the scene too big with banquets, especially those in the system, who dare to blatantly extravagant and wasteful, throwing banquets, accepting gift money, etc., they will be punished administratively.

In these days, the ostentation can be as big as it is, and there are not so many restrictions. It is an excellent opportunity to pretend to be aggressive and to collect gift money.

The thing about receiving gift money is not taking bribes, although there are indeed some bastards who do it.

Fang Wanxing has been working for 20 years, and the gift money he gave out may be tens of thousands. Relatives, friends, colleagues, leaders, marriages, childbirth, university entrance exams, weddings and funerals, etc., all have to give money. 100 is the basis, and 200 depends on the relationship, so it must be given.

I have to get all the money back, right?
You can't just go out but not in, can you?

Although the family is not short of money and has a very rich son, it is the current custom to reciprocate gifts, and it is not a matter of money in essence.

If there is no banquet and no treats, others will be angry, thinking that Fang Wanxing's family is looking down on others.

Not to mention that Fang Wanxing has been promoted now, and his son is so promising now, the top scholar in the provincial liberal arts, if he doesn't make a big deal, he will offend a lot of people.

From the leaders down to the grassroots employees, they are now pointing to the light of being a star of Wenqu. Wouldn't there be a chance of being promoted by Fang Wanxing or being taken away by Fang Jie?
In fact, not only Fang Wanxing's side, Fang Jie's classmates, friends, business relationships, business partners, etc., also have this kind of mentality, and they can't be left behind.

Or, if you don’t hold a banquet, no one will be invited. If you want to do it, you can’t lose sight of the other. Everyone who has a relationship with you must be invited. As for whether people come or not, that’s their business, but you must practice etiquette here.

Therefore, the scale of this school entrance banquet is very large.

Fuman Building can't hold so many people at all, so we can only find the largest and most top-notch hotel villa in the city for reception.

In the previous life, Fang Jie was admitted to university, and Fang Wanxing had just entered the sea to become the vice president of a real estate company, so some friends within the system were not all invited.

Even so, there were more than 104 tables at that time!

The reason why this number is so clearly remembered is not only because Fang Jie has a photographic memory, but also because he was deeply shocked, which reflects the wide range of his father's connections, which is simply jaw-dropping.

But in this life, needless to say, there will only be more...

(End of this chapter)