Start from 1980
Chapter 571 Who Says Them
Chapter 571 Who Says Them
Regardless of whether what others said was true or false, Sun Zhengyi was not in a hurry to drive them away.
Then he said: "Please drink tea."
After drinking tea, Su Chen said: "I heard that Mr. Zhengyi has a good reputation in the investment industry, and seeing him today is really unusual."
Indeed, Sun Zhengyi is not bald right now.
It is said that when Mr. Ma met him, Mr. Ma talked for a long time. Although he couldn't understand, he felt very awesome and directly invested tens of millions of dollars.
But this is just a rumor, and Su Chen didn't know exactly what was discussed at that time.
"Where is it, Su Jun praised it." Sun Zhengyi thought for a long time in his head, but he didn't think about what this prosperous investment was for.
So he simply asked: "May I ask, what kind of investment are you Shengshi engaged in?"
"There are many aspects." Su Chen said with a smile: "I don't know if you have heard of the prosperous era of Hollywood's acquisition of Fox? At the same time, we acquired ATV and Shaw Cinemas in Hong Kong."
"It turned out to be Su Jun, please forgive my poor eyesight, I didn't recognize it all at once." Sun Zhengyi remembered instantly.
After all, Shengshi has done a lot of things in the United States. Although he is not in the United States, the news can still spread to Japan. Moreover, Hong Kong is not far from Japan, so Shengshi's actions in Hong Kong will naturally spread to Japan.
But no matter what, Shengshi is not comparable to established companies like Sony and Nintendo. At least these companies, when their names are mentioned, others can think of them.
Su Chen smiled: "It's normal that Mr. Zhengyi has not heard of it, because we all developed in Europe, America and Hong Kong. This time I went to Japan and heard that you have cooperated with Toshiba, Fujitsu and other software banks before.
Although the business was not going well and the partnership was dismantled, you returned the original investment funds of the consortium one year later, and you shouldered the responsibility for the loss, which won the admiration of your predecessors and made the software bank famous. "
"No, it's mainly because I'm incompetent in management, so naturally I can't let the seniors suffer losses." Sun Zhengyi said seriously.
Su Chen asked seriously: "Is your company's business still selling packaged software?"
"Yes, Su Jun." Sun Zhengyi said: "This is what we are doing at present."
"This business is too small." Su Chen shook his head: "I think your business scope can be expanded, but I don't know if Mr. Justice has found any suitable projects now?"
Sun Zhengyi shook his head.
Su Chen smiled slightly: "I heard that Mr. Zhengyi has strong business capabilities, and our Shengshi also happens to want to develop in Japan, so my idea is to join hands with Mr. Zhengyi, and we will jointly establish a joint venture company."
"This..." Sun Zhengyi was confused for a while.
Su Chen continued: "What do you think is the most worthwhile industry to invest in in the future?"
"I think it should be about computers. Su Jun, you also know that what we are doing now is to popularize computer knowledge to the Japanese people." Sun Zhengyi replied honestly, after all, this must not be hidden from others.
But he won't reveal his words too much, what if his business plan is known to others?
After finishing speaking, he poured another cup of tea for Su Chen: "Su Jun, please."
"Please."
Su Chen picked up the cup and took a sip.
"Mr. Justice, I think we can work together to build SoftBank Bank." Su Chen said, "You can see the future business direction and development prospects from the business in front of you, which shows that you are a qualified investor."
"Then Su Jun, what industry do you think is the most suitable for investment in the future?" Sun Zhengyi asked.
Su Chen smiled and said: "Don't you have the answer in your heart? Mr. Justice, I plan to invest 500 million US dollars and cooperate with you to make this company bigger. However, Shengshi Holdings needs to hold 67% of the shares, and at the same time join the anti Dilution clause agreement.
It includes two contents: preventing the shareholding ratio from decreasing, and preventing share depreciation. The clauses are mainly for convertible preferred shares. In addition..."
He said a lot in various ways, because he came here temporarily and did not draw up any documents, so he could only verbally describe the anti-dilution content.
There are several types of anti-dilution. The first one is the conversion right. The clause refers to the corresponding adjustment of the conversion price of preferred shares in the event of bonus shares, share splits, mergers, etc. of the company.
举个例子:优先股按照10元/1股的价格发行给投资人,初始转换价格为10元/1股。后来公司决定将每1股拆5股,进行股份拆分,则优先股新的转换价应该调整成2元/1股,对应每1股优先股可以转为5份普通股。
There are other ratchet clauses and such.
After listening to what Su Chen said, Sun Zhengyi frowned slightly: "Then who is in charge of the company?"
"Shengshi is the absolute major shareholder, so naturally it is up to Shengshi to decide. However, we implement global localization and will not arrange people to lead the company. You are in charge of the entire company's operations." Su Chen said.
Sun Zhengyi picked up the teapot and said with a smile: "Su Jun, this news is really shocking. I really didn't expect investors to come to me, so I need time to think about it."
"Okay, then I'll wait for the good news from Mr. Justice." Su Chen took out the hotel's business card: "I'm staying in this hotel now, if you have any ideas, you can communicate with me."
"Thank you." Sun Zhengyi took the business card respectfully.
After drinking tea again and chattering, Su Chen left directly.
He didn't know if the Japanese would agree, but even if he didn't agree, so what?
At that time, I will be the first to invest in those companies.
Because of Masayoshi Son’s model, he has figured it out a long time ago. It is basically like this: invest in a company that is leading in a certain aspect, and then push it to the capital market and cash out a small amount. Profit is the degree.
Then use the investment income to reinvest in the land, and then cash out.
This approach not only embodies the strategy of "long-term investment in the Internet", but also effectively controls investment risks in general.
But everything is still unknown now. If Sun Zhengyi does not accept it, then he will do it himself.
The lack of a Softbank company under its umbrella does not mean that the company's business cannot be launched.
Back in the hotel, Su Chen took out his notebook again and wrote several names on it.
They are all industries that SoftBank will invest in in the future. There are Kingston, Yahoo, Hong Kong Yitong International Business Co., Ltd. Shanda Network, Alibaba, etc., which have never appeared before, so there is no rush.
If you think about it carefully, you can invest in it at present, but there is no industry for investment.
Some industries can only wait slowly, and Su Chen has no way to spawn them.
Just like those artists in his film company, it is impossible to just find a role and let others play it.
After thinking about it, he felt that the semiconductor industry seemed to have a look.
Because, at this time, Japan's benzene semiconductor industry is about to enter a historic turning point.
In the coming personal computer era, Japanese semiconductor companies have lost the last bargaining chip.
Japanese benzene manufacturing companies, including NEC, Hitachi, Fujitsu, etc., are all vertically integrated integration and division of labor models. They produce semiconductors and complete machines at the same time.
However, except for the complete machine manufacturers of Japan Benzene, not many PC companies are willing to install the expensive DRAM produced by the Japan Benzene people with 25-year shelf life technology in their machines, because the lifespan of a personal computer is only 5 years, and it does not need more high quality.
In the myth of "the strongest technology" in the era of mainframes, Japanese semiconductor companies are far from awakening.
In South Korea across the sea, an ambitious company is stealing from Nibun, but the arrogant Nibun people have not noticed his existence at all.
The establishment of Samsung's DRAM industry has a lot to do with Japanese Benzene people.
In 1983, Samsung accepted Sharp's technology transfer and established the first DRAM factory. It initially tasted the sweetness, but then the second factory stumbled, because the yield rate was too poor and the factory failed.
After arriving at the third factory, Samsung spent a high price to form an advisory group composed of Japanese benzene experts, so as to "let the money play a role".
Coupled with the pressure from the United States and Japan Benzene Semiconductor, Su Chen thought this would be an opportunity for him to overtake in a corner.
It's just that he is still thinking about how to overtake this car.
……
"This car is going to drive like this..."
In the capital, Xue Yu was learning to drive. The car was borrowed by Su Chen, and Tang Wanru was the one who taught her to drive.
"Now you can release the handbrake, lightly step on the gas pedal, step on the gas pedal and then step on the left foot of the clutch and slowly fully lift up..."
Tang Wanru taught very seriously, and Xue Yu also studied very seriously.
Staring at Tang Wanru's movements without blinking, in fact, in this day and age, one needs to learn to drive a car, learn how to repair a car, and find a unit to be affiliated with, but now that one happens to have a car, Xue Yu skips this step directly.
"Okay, you've learned quickly. Next, you can change to second gear. The clutch should be stepped on quickly and slowly. Don't worry..."
(End of this chapter)
Regardless of whether what others said was true or false, Sun Zhengyi was not in a hurry to drive them away.
Then he said: "Please drink tea."
After drinking tea, Su Chen said: "I heard that Mr. Zhengyi has a good reputation in the investment industry, and seeing him today is really unusual."
Indeed, Sun Zhengyi is not bald right now.
It is said that when Mr. Ma met him, Mr. Ma talked for a long time. Although he couldn't understand, he felt very awesome and directly invested tens of millions of dollars.
But this is just a rumor, and Su Chen didn't know exactly what was discussed at that time.
"Where is it, Su Jun praised it." Sun Zhengyi thought for a long time in his head, but he didn't think about what this prosperous investment was for.
So he simply asked: "May I ask, what kind of investment are you Shengshi engaged in?"
"There are many aspects." Su Chen said with a smile: "I don't know if you have heard of the prosperous era of Hollywood's acquisition of Fox? At the same time, we acquired ATV and Shaw Cinemas in Hong Kong."
"It turned out to be Su Jun, please forgive my poor eyesight, I didn't recognize it all at once." Sun Zhengyi remembered instantly.
After all, Shengshi has done a lot of things in the United States. Although he is not in the United States, the news can still spread to Japan. Moreover, Hong Kong is not far from Japan, so Shengshi's actions in Hong Kong will naturally spread to Japan.
But no matter what, Shengshi is not comparable to established companies like Sony and Nintendo. At least these companies, when their names are mentioned, others can think of them.
Su Chen smiled: "It's normal that Mr. Zhengyi has not heard of it, because we all developed in Europe, America and Hong Kong. This time I went to Japan and heard that you have cooperated with Toshiba, Fujitsu and other software banks before.
Although the business was not going well and the partnership was dismantled, you returned the original investment funds of the consortium one year later, and you shouldered the responsibility for the loss, which won the admiration of your predecessors and made the software bank famous. "
"No, it's mainly because I'm incompetent in management, so naturally I can't let the seniors suffer losses." Sun Zhengyi said seriously.
Su Chen asked seriously: "Is your company's business still selling packaged software?"
"Yes, Su Jun." Sun Zhengyi said: "This is what we are doing at present."
"This business is too small." Su Chen shook his head: "I think your business scope can be expanded, but I don't know if Mr. Justice has found any suitable projects now?"
Sun Zhengyi shook his head.
Su Chen smiled slightly: "I heard that Mr. Zhengyi has strong business capabilities, and our Shengshi also happens to want to develop in Japan, so my idea is to join hands with Mr. Zhengyi, and we will jointly establish a joint venture company."
"This..." Sun Zhengyi was confused for a while.
Su Chen continued: "What do you think is the most worthwhile industry to invest in in the future?"
"I think it should be about computers. Su Jun, you also know that what we are doing now is to popularize computer knowledge to the Japanese people." Sun Zhengyi replied honestly, after all, this must not be hidden from others.
But he won't reveal his words too much, what if his business plan is known to others?
After finishing speaking, he poured another cup of tea for Su Chen: "Su Jun, please."
"Please."
Su Chen picked up the cup and took a sip.
"Mr. Justice, I think we can work together to build SoftBank Bank." Su Chen said, "You can see the future business direction and development prospects from the business in front of you, which shows that you are a qualified investor."
"Then Su Jun, what industry do you think is the most suitable for investment in the future?" Sun Zhengyi asked.
Su Chen smiled and said: "Don't you have the answer in your heart? Mr. Justice, I plan to invest 500 million US dollars and cooperate with you to make this company bigger. However, Shengshi Holdings needs to hold 67% of the shares, and at the same time join the anti Dilution clause agreement.
It includes two contents: preventing the shareholding ratio from decreasing, and preventing share depreciation. The clauses are mainly for convertible preferred shares. In addition..."
He said a lot in various ways, because he came here temporarily and did not draw up any documents, so he could only verbally describe the anti-dilution content.
There are several types of anti-dilution. The first one is the conversion right. The clause refers to the corresponding adjustment of the conversion price of preferred shares in the event of bonus shares, share splits, mergers, etc. of the company.
举个例子:优先股按照10元/1股的价格发行给投资人,初始转换价格为10元/1股。后来公司决定将每1股拆5股,进行股份拆分,则优先股新的转换价应该调整成2元/1股,对应每1股优先股可以转为5份普通股。
There are other ratchet clauses and such.
After listening to what Su Chen said, Sun Zhengyi frowned slightly: "Then who is in charge of the company?"
"Shengshi is the absolute major shareholder, so naturally it is up to Shengshi to decide. However, we implement global localization and will not arrange people to lead the company. You are in charge of the entire company's operations." Su Chen said.
Sun Zhengyi picked up the teapot and said with a smile: "Su Jun, this news is really shocking. I really didn't expect investors to come to me, so I need time to think about it."
"Okay, then I'll wait for the good news from Mr. Justice." Su Chen took out the hotel's business card: "I'm staying in this hotel now, if you have any ideas, you can communicate with me."
"Thank you." Sun Zhengyi took the business card respectfully.
After drinking tea again and chattering, Su Chen left directly.
He didn't know if the Japanese would agree, but even if he didn't agree, so what?
At that time, I will be the first to invest in those companies.
Because of Masayoshi Son’s model, he has figured it out a long time ago. It is basically like this: invest in a company that is leading in a certain aspect, and then push it to the capital market and cash out a small amount. Profit is the degree.
Then use the investment income to reinvest in the land, and then cash out.
This approach not only embodies the strategy of "long-term investment in the Internet", but also effectively controls investment risks in general.
But everything is still unknown now. If Sun Zhengyi does not accept it, then he will do it himself.
The lack of a Softbank company under its umbrella does not mean that the company's business cannot be launched.
Back in the hotel, Su Chen took out his notebook again and wrote several names on it.
They are all industries that SoftBank will invest in in the future. There are Kingston, Yahoo, Hong Kong Yitong International Business Co., Ltd. Shanda Network, Alibaba, etc., which have never appeared before, so there is no rush.
If you think about it carefully, you can invest in it at present, but there is no industry for investment.
Some industries can only wait slowly, and Su Chen has no way to spawn them.
Just like those artists in his film company, it is impossible to just find a role and let others play it.
After thinking about it, he felt that the semiconductor industry seemed to have a look.
Because, at this time, Japan's benzene semiconductor industry is about to enter a historic turning point.
In the coming personal computer era, Japanese semiconductor companies have lost the last bargaining chip.
Japanese benzene manufacturing companies, including NEC, Hitachi, Fujitsu, etc., are all vertically integrated integration and division of labor models. They produce semiconductors and complete machines at the same time.
However, except for the complete machine manufacturers of Japan Benzene, not many PC companies are willing to install the expensive DRAM produced by the Japan Benzene people with 25-year shelf life technology in their machines, because the lifespan of a personal computer is only 5 years, and it does not need more high quality.
In the myth of "the strongest technology" in the era of mainframes, Japanese semiconductor companies are far from awakening.
In South Korea across the sea, an ambitious company is stealing from Nibun, but the arrogant Nibun people have not noticed his existence at all.
The establishment of Samsung's DRAM industry has a lot to do with Japanese Benzene people.
In 1983, Samsung accepted Sharp's technology transfer and established the first DRAM factory. It initially tasted the sweetness, but then the second factory stumbled, because the yield rate was too poor and the factory failed.
After arriving at the third factory, Samsung spent a high price to form an advisory group composed of Japanese benzene experts, so as to "let the money play a role".
Coupled with the pressure from the United States and Japan Benzene Semiconductor, Su Chen thought this would be an opportunity for him to overtake in a corner.
It's just that he is still thinking about how to overtake this car.
……
"This car is going to drive like this..."
In the capital, Xue Yu was learning to drive. The car was borrowed by Su Chen, and Tang Wanru was the one who taught her to drive.
"Now you can release the handbrake, lightly step on the gas pedal, step on the gas pedal and then step on the left foot of the clutch and slowly fully lift up..."
Tang Wanru taught very seriously, and Xue Yu also studied very seriously.
Staring at Tang Wanru's movements without blinking, in fact, in this day and age, one needs to learn to drive a car, learn how to repair a car, and find a unit to be affiliated with, but now that one happens to have a car, Xue Yu skips this step directly.
"Okay, you've learned quickly. Next, you can change to second gear. The clutch should be stepped on quickly and slowly. Don't worry..."
(End of this chapter)
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