Top of the Great Era

At the end of the year, many financial institutions have begun to conduct annual summaries.

As far as the financial market is concerned, the most watched IPO this year is Changyou, with a financing scale of an astonishing US$26.5 billion.

Due to the large scale of financing and too many shares issued, many difficulties were encountered in the initial IPO.Fortunately, at the critical moment, Boss Zhou stepped forward. With strong courage and sense of responsibility, he paid 8.1 million US dollars out of his own pocket and took over 7000 million issued shares, which promoted the smooth progress of the IPO.

Ranked second is Yandex, a Russian search company, which also chose to list on Nasdaq, with a financing scale of US$13 billion.

On the first day of listing, the company's stock price soared 55%, which was another exciting capital carnival.

But the good show didn't last long.

It is similar to Changyou's listing situation.

Affected by the general environment, the stock price soon fell and broke... Generally speaking, the stock prices of those technology companies that had IPOs in the first half of the year basically broke by the end of the year.

Even the high-profile Zynga listing at the end of the year quickly broke.

Affected by this, Facebook has adjusted its IPO plan.It was originally said that it would be listed in February next year, but it was directly postponed to May next year.

Interestingly, Zhou Buqi saw a report in the Wall Street Journal.

It is a few eye-catching Chinese characters - Qianlongzaiyuan.

The financial editorial department of the "Wall Street Journal" used "hidden dragons in the abyss" to describe the current situation of the technology industry, and made a very good prospect for the future.

In addition, Zhou Buqi also saw an industry rumor.

Some insiders broke the news, saying that Yahoo's board of directors has confirmed a new CEO candidate, and co-founder Yang Zhiyuan will resign from all positions in Yahoo and leave the board of directors.

It seems that this matter is really confirmed.

Sure enough, Zhou Buqi received an invitation from Sun Zhengyi and wanted to have a chat, most likely it had something to do with Yahoo.Senior Sister Zhen Yu often has to attend Softbank’s board of directors and read internal materials, so she knows.

Masayoshi Son manipulated the operation and united various forces to set up a large consortium to acquire Yahoo. For a while, he was aggressive and vigorous, and even offered the highest acquisition price of 250 billion US dollars.

I thought it would work.

Unexpectedly, the result was completely different from what he expected.

Just made him very angry.

"Angry?" Zhou Buqi felt serious after hearing what Senior Sister Zhenyu said, "Isn't it? It's a surprise that the acquisition is successful, and it's normal if it fails."

Zhen Yu said softly: "That's the truth, but Sun Zhengyi is determined to win this time, and he is eager to make it happen. On the one hand, it is to show his personal strength and influence in the industry; 35% stake in Yahoo Japan.”

Zhou Buqi smiled, "Fortunately, it didn't work."

Zhen Yu rolled his eyes at him, "Sun Zhengyi is in a little trouble this time, because he has already spent more than 2700 million US dollars in preparation."

"How much?" Zhou Buqi was stunned, "2700 million dollars? 270 million dollars?"

The acquisition of such a blockbuster transaction, especially for listed companies, the entire process will be very complicated, requiring the organization of a very large team.

We need to hire negotiators, financial experts, and legal experts. We need to conduct a thorough investigation of Yahoo’s assets and conduct due diligence. We also need to find a public relations company to work with the board of directors and maintain a good relationship with important shareholders.

These all require money.

The more advanced the acquisition process is, the more money will be spent; the contact between the consortium organized by Masayoshi Son and Yahoo has not been smooth from the beginning, and it has not proceeded at all.

That means it doesn't cost much at all.

A few million dollars is the sky.

Zhen Yu said: "It's 2700 million US dollars. The Blackstone Group and Bain Capital are angry. They think Sun Zhengyi is a lunatic and threaten to hire an investigation company, thinking that Sun Zhengyi may be enriching his own pocket."

Zhou Buqi also couldn't understand, "How can you spend so much money?"

Zhen Yu said, "Give it away."

"What?"

Zhou Buqi opened his eyes wide.

Zhen Yu pursed her lips, "It's not the kind you think, it's the legal one. In order to promote the negotiations between the two parties, Sun Zhengyi participated in more than a dozen charity dinners during this period, and donated an average of 100 million US dollars each time. $1600 million went."

"No wonder."

Zhou Buqi was speechless, feeling that Sun Zhengyi was really impatient this time.

As a trader, you must be steady.

The more anxious you are, the more the other party wants to eat you.

In this Wall Street and Silicon Valley site, gathered a group of the world's smartest people.Yahoo's case just brought together the elites of Wall Street and Silicon Valley.

Once you find a local rich man who is stupid and rich, he will take turns to harvest.

The most commonly used routine is charitable foundations.

Those "upper class" people basically have a charitable fund.After the charity fund gets the money, it is hard to say whether it will be used for charity.

For example, in order to protect small animals, I bought a Rolls-Royce; in order to take care of the marginalized people in society, I bought a set of paragliding equipment.

Here in Silicon Valley, it's actually even worse.

Wall Street and Hollywood are the most popular. Charity dinners and receptions are everywhere. They are not so much charity as public relations.

It's spending money to buy relationships.

Zhou Buqi also wants to do as the Romans do, and has participated in similar "donations".

But it's not that I haven't seen a big coin like Sun Zhengyi who is so obsessed and ignored. It's relatively rare.Generally, many people who throw money like this are rich or second-generation rich people with many complicated relationships in Asia. In order to obtain local asylum, or obtain identity, or allow the transfer of large amounts of funds to the United States, they have to stop Participate in various charity evenings to manage related people.

The most popular recently, of course, is the Malaysian liar Jho Low who got supermodel Midaran Kerr and singer Elva Hsiao together. His behavior of throwing money in Hollywood has shocked the circle.

Zhen Yu laughed and said: "In Softbank, someone told me in private that Sun Zhengyi was stimulated by you. Sun Zhengyi is very eager to operate the Ziwei Star Global Group that you have managed. This time, I want to Attack Yahoo. Once you get impatient, your actions will easily change. Now that the dust has settled on Yahoo, Sun Zhengyi will have a headache."

"What about the $2700 million?"

"Normally speaking, all parties share the burden in proportion. Boss Ma seems to agree to share the responsibility as agreed before. Blackstone Group and Bain Capital are very unhappy, very annoyed at Sun Zhengyi, and want to renege on their debts."

Zhou Buqi nodded, "If it were me, I would also want to renege on the debt. This trader is like a knife-edge."

Zhen Yu asked, "Are you going to see Masayoshi Son tomorrow?"

Zhou Buqi smiled and said: "See, why didn't you see me? At the beginning they happily organized a big consortium. They were afraid that I would rob them, so they wanted to bypass me. Now it's all right, let me see what he has. To put it bluntly, you have to learn a lot from a pit, and you have to teach him a lesson, so that he knows who is taking whom to play with."

Zhen Yu hesitated for a moment, then thought about it and said, "I think he wants to ask you about Boss Ma."

Zhou Buqi will not confess to Sun Zhengyi. He and Ma Boss are his own people. No matter how Sun Zhengyi advertises that his ancestors are from China, he is now a real foreigner, as far as the old god is concerned. : "Then I don't know anything, let's prepare the money now, wait for the action of the old horse, and go to take over Ali's shares."

Zhen Yu said with a headache: "This will cost a lot of money! It will cost billions of dollars!"

"Ah."

"What should I do? Should I pay back the loan?"

"Ha ha!"

Zhou Buqi saw that her complexion was complicated and her lips were tightly pursed with resentment, so she couldn't help laughing, thinking it was very funny.

However, Senior Sister Zhen Yu's worry is not wrong.

Last week, they just received 15 billion U.S. dollars in half-year short-term bonds from two hedge funds, which directly increased the total debt of the Zhou family from 55 billion U.S. dollars to 70 billion U.S. dollars.

You know, the current debt of Ziweixing International is only 65 billion US dollars.

The scale of the Zhou family's debt has even surpassed Ziweixing International, a technology giant with a valuation of 1000 billion U.S. dollars!
Zhou Buqi was full of confidence and was not worried at all.

Moreover, he has other considerations.

"Don't be in a hurry to borrow money yet. It's not certain when Boss Ma will be able to confirm it." Zhou Buqi always felt that the matter behind Yahoo was not so simple, "Maybe there will be new changes."

Zhen Yu raised her eyebrows, a little strange, "Didn't you say that the board of directors has passed it?"

Zhou Buqi said: "Pass is passed, when it will be implemented, it is not certain."

Zhen Yu frowned slightly, "How come? Will there be a timeline?"

Zhou Buqi said: "What you said is a normal situation. If there is a little accident or some special circumstances, there is a reason to postpone the transaction according to the additional terms."

Zhen Yu blinked, surprised, "Accident? Special circumstances?"

Zhou Buqi waved his hand, "It's just my guess, it may not be accurate. Anyway, you don't have to worry at all. With our family's reputation and reputation, the borrowing efficiency will be extremely high, and it will definitely be higher than Yahoo's efficiency. Hear There is still time to act after the wind is heard. Rest assured first, and finalize the matter of the Warriors and Giants first!"

Zhen Yu pursed her lips and smiled, got up from the sofa, walked around behind the desk in the study, leaned down and kissed him, "Got it, the Warriors have already signed. Next, we will wait for the review by the Giants. After the New Year's Day holiday, the results should be available."

These are the two most important asset transactions of the Zhou family in December.

Purchased 10% of the San Francisco Giants for $65 billion.

Buy a 6000% stake from another Golden State Warriors investor, Joe Lacob, for $10 million.So far, Zhou Buqi's shareholding in the Golden State Warriors has also reached 60%, and he has become a major shareholder.

So far, Zhou Buqi will own three professional sports teams in the Greater Bay Area, namely the San Francisco Giants, Golden State Warriors and San Jose Earthquakes.