Rebirth of the internet boss
Chapter 118 Start the Acquisition
Chapter 118 Start the Acquisition (First Order! First Order! First Order!)
The parent company of MIH is South African Newspapers, and the CEO of South African Newspapers, Cous Baker, has never been a traditional newspaperman. He has no burden and complex of newspapers. He very clearly believes that newspapers will decline.
When he had the opportunity to monopolize the power, he went straight to the digital world without the slightest hesitation. At the beginning, MIH was just an investment department he set up for Internet investment.
MIH firmly walks in the Internet market and chooses to hold the shares acquired by investment for a long time. MIH's most classic and successful investment,
莫过于2001年以3400万美金投资腾讯,最高时一度持股至50%,17年收益增长近5000多倍, 年复合增长率64.94%。
MIH has also proudly declared in its official documents: since buying shares in Tencent, MIH has only received dividends, and has never sold a single share of Tencent, even if Ma Huateng himself is reducing its holdings from time to time,
However, MIH has never been shaken. No matter how Tencent’s stock price soared all the way or fell sharply in an instant, it was not until 2018 that MIH cashed out part of the funds.
The final result is that MIH made more money from Tencent than all the domestic VCs combined.
Before formally meeting with Cus Baker, Liu Zhiping first met with Wang Dawei, Vice President of MIH China Business Department, the discoverer of Tencent, in Xiangjiang.
Wang Dawei is an American who speaks fluent Chinese. He also got the name himself. "The Internet can do a lot."
Wang Dawei discovered Tencent by accident, "Whenever I go to a Chinese city, I will go to the local Internet cafes to see what games young people are playing.
I was surprised to find that the OICQ (QQ predecessor) program is hung on the desktop of almost all Internet cafes. I think this should be a great Internet company.
At the end of 2000, I contacted the general managers of several invested companies and found that their OICQ numbers were printed on their business cards. This made me even more excited, and I wanted to see what kind of company this was. "
Intuition is a shortcut to truth.
Therefore, when the life of "Little Penguin" was hanging by a thread, "Internet's great achievements" also found Tencent on the fourth floor of SEG Science and Technology Pioneer Park under the guidance of fate.
And the later facts also proved that Wang Dawei's unique vision, and Ma Huateng is indeed lucky, whenever this "little penguin" has difficulties, the god of fate will always take care of it.
The purpose of Liu Zhiping looking for Wang Dawei is also very simple, hoping that he can persuade the boss of MIH, Cus Baker, so that Fengrui can smoothly acquire the Tencent shares held by MIH.
And Wang Dawei gave the answer: "Martin, we are also old friends. You should know what I am like. I am not as humble as you Chinese, so I will just say it.
You Fengrui want to acquire Tencent, I don’t have to intervene, and after you officially send the acquisition money to Tencent, I won’t talk nonsense,
But you can't let me help you convince Baker, I can't do this, I can't betray my Chinese friends, I hope you don't embarrass me!
And I have been in China for so many years, the Tencent team is the smartest and most hardworking group of people I have ever met, and it may not be possible for you to win in the end! "
Liu Zhiping also said apologetically to Wang Dawei: "Thank you, Dawei, for embarrassing you, I hope we can have the opportunity to fight side by side!"
In fact, Liu Zhiping only had the attitude of giving it a try, so after Dangwang refused, Liu Zhiping also flew directly to the MIH headquarters in Cape Town, South Africa, to meet with Cus Baker, CEO of MIH's parent company, South African Press.
When Liu Zhiping was at Goldman Sachs, Cus Baker had accepted it, so it was very easy to get an opportunity to meet with Cus Baker.
Everyone is a businessman and very busy, so at the beginning of the meeting, Liu Zhiping also said straight to the point: "Baker, we have also dealt with each other before. Believe me, you should be very clear about the purpose of my trip. It is our Fengrui. I want to buy the shares of Tencent in your hand."
And Cus Baker can’t be said to be indifferent to the matter of Tencent and Fengrui, but at least he doesn’t care that much. Now Tencent is just an investment by himself “spreading a wide net”, not the “light MIH” The market value of Tencent's shares can surpass that of MIH", Tencent,
After all, the current Fengrui and Tengxun can only be regarded as small companies among Internet companies all over the world, let alone among companies all over the world.
So Cus Baker didn't talk about the acquisition of Tengxun, but was more curious about Liu Zhiping's joining Fengrui. As Cus Baker who had dealt with Liu Zhiping knew that Liu Zhiping was also an arrogant person,
He didn't even dare to ask Liu Zhiping to join him. Of course, Liu Zhiping probably didn't like his own company. Now he joined a small company instead. It's hard not to attract Cus Baker's attention.
So, Cus Baker said to Liu Zhiping: "Martin, I'm actually more curious about why you joined Fengrui. If you have the intention to leave, I will invite you to join our South African newspaper. It's okay for you to be the president of MIH." question."
Liu Zhiping replied: "Baker, many people have asked me this question, my father, my wife, my friends, and my former boss,
It seems that everyone thinks why I don’t want a high salary, as if I shouldn’t ‘marry’ to a small company like Fengrui,
As everyone knows, it is my honor to join Fengrui, it is really my honor, this is not modesty, this may be the most successful decision in my life, this is a group of passionate, dreaming and hard-working team,
Especially my current boss is really a strange person. I have never seen someone with such a forward vision and a big picture. Although he is still very young, I believe his future is limitless! "
After hearing Liu Zhiping's words, Cus Baker became even more curious about this Li Feng. Even the always proud Liu Zhiping admired him so much.
But Cus Baker still said: "Martin, when it comes to hard work and dreams, I have contacted many entrepreneurial teams,
Especially the Tencent team is the most diligent and energetic team I have ever seen, so why did I choose to sell the shares of Tencent to Fengrui? "
what a dream!What passion!What diligence!In the world of capital, they are all farts!
Liu Zhiping knew that Cus Baker was going to discuss specific conditions, and Liu Zhiping followed Li Feng's wishes and stated his own conditions: "Baker, the current valuation of Tencent is about 1.5 million to 2 million U.S. dollars.
We, Fengrui, value Tencent’s highest USD 2 million, and are willing to pay a premium of 20% to acquire your Tencent shares. Now MIH’s shares in Tencent are 46.5%, and cash is 1.116 million USD, which can be spent within a year complete. "
After listening to Liu Zhiping's quotation, Cus Baker shook his head repeatedly and said three "NO, NO, NO", and then Cus Baker said: "Martin, you should know that our MIH is not short of money. !"
Before coming here, Liu Zhiping also discussed with Li Feng on the phone, knowing that MIH doesn't care about such a small amount of money, and has to pass the share replacement plan.
Liu Zhiping also readily gave another plan, saying: "Then we will use Fengrui's valuation of 5 million U.S. dollars a while ago. You must know that this is already half a year ago.
And we, Fengrui, are willing to acquire 10% of Tencent shares held by MIH with 5000% of the shares and US$46.5 million!"
And after listening to Liu Zhiping's quotation again, Cus Baker still shook his head again and again, as before, "Our MIH is not short of money!"
At this time, Liu Zhiping could only show his low price helplessly, "We can exchange 20% of Fengrui's shares for 46.5% of Tencent's shares in your hands!"
And after listening to Liu Zhiping's quotation again, Cus Baker still shook his head again and again, as before, "Our MIH is not short of money!"
At this time, even Liu Zhiping was a little "broken", and asked depressedly: "Mr. Baker, please give me an answer!"
Ask for the first order!Ask for the first order!Ask for the first order!Please everyone!
(End of this chapter)
The parent company of MIH is South African Newspapers, and the CEO of South African Newspapers, Cous Baker, has never been a traditional newspaperman. He has no burden and complex of newspapers. He very clearly believes that newspapers will decline.
When he had the opportunity to monopolize the power, he went straight to the digital world without the slightest hesitation. At the beginning, MIH was just an investment department he set up for Internet investment.
MIH firmly walks in the Internet market and chooses to hold the shares acquired by investment for a long time. MIH's most classic and successful investment,
莫过于2001年以3400万美金投资腾讯,最高时一度持股至50%,17年收益增长近5000多倍, 年复合增长率64.94%。
MIH has also proudly declared in its official documents: since buying shares in Tencent, MIH has only received dividends, and has never sold a single share of Tencent, even if Ma Huateng himself is reducing its holdings from time to time,
However, MIH has never been shaken. No matter how Tencent’s stock price soared all the way or fell sharply in an instant, it was not until 2018 that MIH cashed out part of the funds.
The final result is that MIH made more money from Tencent than all the domestic VCs combined.
Before formally meeting with Cus Baker, Liu Zhiping first met with Wang Dawei, Vice President of MIH China Business Department, the discoverer of Tencent, in Xiangjiang.
Wang Dawei is an American who speaks fluent Chinese. He also got the name himself. "The Internet can do a lot."
Wang Dawei discovered Tencent by accident, "Whenever I go to a Chinese city, I will go to the local Internet cafes to see what games young people are playing.
I was surprised to find that the OICQ (QQ predecessor) program is hung on the desktop of almost all Internet cafes. I think this should be a great Internet company.
At the end of 2000, I contacted the general managers of several invested companies and found that their OICQ numbers were printed on their business cards. This made me even more excited, and I wanted to see what kind of company this was. "
Intuition is a shortcut to truth.
Therefore, when the life of "Little Penguin" was hanging by a thread, "Internet's great achievements" also found Tencent on the fourth floor of SEG Science and Technology Pioneer Park under the guidance of fate.
And the later facts also proved that Wang Dawei's unique vision, and Ma Huateng is indeed lucky, whenever this "little penguin" has difficulties, the god of fate will always take care of it.
The purpose of Liu Zhiping looking for Wang Dawei is also very simple, hoping that he can persuade the boss of MIH, Cus Baker, so that Fengrui can smoothly acquire the Tencent shares held by MIH.
And Wang Dawei gave the answer: "Martin, we are also old friends. You should know what I am like. I am not as humble as you Chinese, so I will just say it.
You Fengrui want to acquire Tencent, I don’t have to intervene, and after you officially send the acquisition money to Tencent, I won’t talk nonsense,
But you can't let me help you convince Baker, I can't do this, I can't betray my Chinese friends, I hope you don't embarrass me!
And I have been in China for so many years, the Tencent team is the smartest and most hardworking group of people I have ever met, and it may not be possible for you to win in the end! "
Liu Zhiping also said apologetically to Wang Dawei: "Thank you, Dawei, for embarrassing you, I hope we can have the opportunity to fight side by side!"
In fact, Liu Zhiping only had the attitude of giving it a try, so after Dangwang refused, Liu Zhiping also flew directly to the MIH headquarters in Cape Town, South Africa, to meet with Cus Baker, CEO of MIH's parent company, South African Press.
When Liu Zhiping was at Goldman Sachs, Cus Baker had accepted it, so it was very easy to get an opportunity to meet with Cus Baker.
Everyone is a businessman and very busy, so at the beginning of the meeting, Liu Zhiping also said straight to the point: "Baker, we have also dealt with each other before. Believe me, you should be very clear about the purpose of my trip. It is our Fengrui. I want to buy the shares of Tencent in your hand."
And Cus Baker can’t be said to be indifferent to the matter of Tencent and Fengrui, but at least he doesn’t care that much. Now Tencent is just an investment by himself “spreading a wide net”, not the “light MIH” The market value of Tencent's shares can surpass that of MIH", Tencent,
After all, the current Fengrui and Tengxun can only be regarded as small companies among Internet companies all over the world, let alone among companies all over the world.
So Cus Baker didn't talk about the acquisition of Tengxun, but was more curious about Liu Zhiping's joining Fengrui. As Cus Baker who had dealt with Liu Zhiping knew that Liu Zhiping was also an arrogant person,
He didn't even dare to ask Liu Zhiping to join him. Of course, Liu Zhiping probably didn't like his own company. Now he joined a small company instead. It's hard not to attract Cus Baker's attention.
So, Cus Baker said to Liu Zhiping: "Martin, I'm actually more curious about why you joined Fengrui. If you have the intention to leave, I will invite you to join our South African newspaper. It's okay for you to be the president of MIH." question."
Liu Zhiping replied: "Baker, many people have asked me this question, my father, my wife, my friends, and my former boss,
It seems that everyone thinks why I don’t want a high salary, as if I shouldn’t ‘marry’ to a small company like Fengrui,
As everyone knows, it is my honor to join Fengrui, it is really my honor, this is not modesty, this may be the most successful decision in my life, this is a group of passionate, dreaming and hard-working team,
Especially my current boss is really a strange person. I have never seen someone with such a forward vision and a big picture. Although he is still very young, I believe his future is limitless! "
After hearing Liu Zhiping's words, Cus Baker became even more curious about this Li Feng. Even the always proud Liu Zhiping admired him so much.
But Cus Baker still said: "Martin, when it comes to hard work and dreams, I have contacted many entrepreneurial teams,
Especially the Tencent team is the most diligent and energetic team I have ever seen, so why did I choose to sell the shares of Tencent to Fengrui? "
what a dream!What passion!What diligence!In the world of capital, they are all farts!
Liu Zhiping knew that Cus Baker was going to discuss specific conditions, and Liu Zhiping followed Li Feng's wishes and stated his own conditions: "Baker, the current valuation of Tencent is about 1.5 million to 2 million U.S. dollars.
We, Fengrui, value Tencent’s highest USD 2 million, and are willing to pay a premium of 20% to acquire your Tencent shares. Now MIH’s shares in Tencent are 46.5%, and cash is 1.116 million USD, which can be spent within a year complete. "
After listening to Liu Zhiping's quotation, Cus Baker shook his head repeatedly and said three "NO, NO, NO", and then Cus Baker said: "Martin, you should know that our MIH is not short of money. !"
Before coming here, Liu Zhiping also discussed with Li Feng on the phone, knowing that MIH doesn't care about such a small amount of money, and has to pass the share replacement plan.
Liu Zhiping also readily gave another plan, saying: "Then we will use Fengrui's valuation of 5 million U.S. dollars a while ago. You must know that this is already half a year ago.
And we, Fengrui, are willing to acquire 10% of Tencent shares held by MIH with 5000% of the shares and US$46.5 million!"
And after listening to Liu Zhiping's quotation again, Cus Baker still shook his head again and again, as before, "Our MIH is not short of money!"
At this time, Liu Zhiping could only show his low price helplessly, "We can exchange 20% of Fengrui's shares for 46.5% of Tencent's shares in your hands!"
And after listening to Liu Zhiping's quotation again, Cus Baker still shook his head again and again, as before, "Our MIH is not short of money!"
At this time, even Liu Zhiping was a little "broken", and asked depressedly: "Mr. Baker, please give me an answer!"
Ask for the first order!Ask for the first order!Ask for the first order!Please everyone!
(End of this chapter)
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