Rebirth of the internet boss

Chapter 528 is for sale!Not financing!

Li Feng and Liu Zhiping were a little tired after studying for a long time. He came to the window and walked casually, while stretching and looking out.

When I first came here, I had nothing. Later, I had my own company and the Fengrui Building under my feet; and the city of Yanjing has also undergone earth-shaking changes. In the past, my Fengrui Building was considered relatively tall. Looking at the scenery from the window is also unobstructed, but now there are many high-rise buildings, which are much higher than Fengrui Building.

At this time, no one came to bother the two of them, so Li Feng could relax. After all, the company's first and second leaders are studying the matter, it must be a big deal, who will do it!

In fact, the most important things are decided by one or two people. Things that require a general meeting are all things to arrange work, just like the appointment and removal of personnel in many governments are decided by the secretary and the mayor. alright.

After resting for a while, Li Feng's spirit was also much better, but he turned around and said to Liu Zhiping "pretentiously": "When we build the Fengrui headquarters next time, we must build a big park, and there will be a park in it at the end." The lake, so you can see the scenery even if you have nothing to do.”

"Boss, you have a good idea. Not only can you watch, but you can also go for a walk when you have nothing to do. Activities..." Liu Zhiping also followed Li Feng's intention.

"Well, Liu Zhiping, you've learned how to flatter now!" Li Feng scolded with a smile.

While the two were chatting casually, Song Jia also made a new cup of tea for the two of them. She knew that Li Feng was used to drinking a pot of tea and had to change it again. The higher the frequency of changing tea leaves.

Now Song Jia's tea making skills are much better than Li Feng's, and Li Feng's energy is better after taking a sip, and he also changed the topic to work again.

"Let's continue to work now, let's study the companies that Fengrui invests in. The shares of those invested companies can be sold, and those invested companies must be kept."

Just now Li Feng and Liu Zhiping were talking about "Fengrui's financing", but now they are talking about "Fengrui's sale of investment shares". One is about Fengrui itself, and the other is about other companies that Fengrui invested in .

You can chat and laugh with your boss at ordinary times, but when it comes to real work, Liu Zhiping has a very upright attitude.

"At present, there are 46 companies that Fengrui has directly invested in and invested in, and there are many more indirect investments. This cannot be counted, and there is no way to sell shares directly, so I did not count again.

Among the 46 companies we invested in, most of them are non-listed companies, and they are basically in the development stage of A and B rounds of venture capital. Only 2 are listed companies.
Among them, Baidu, we have 8% of the shares, based on the current market value of Baidu of nearly 8 billion US dollars (appreciated compared to before), it is worth about [-] million US dollars;
Focus Media, we have 10% of the shares, based on the current market value of Focus Media of nearly 50 billion U.S. dollars (also appreciated), it is worth about 5 million U.S. dollars;
In addition, we also have 5% of the shares in Ali Group. Now the B2B Alibaba under Ali Group is preparing to be listed on the Hong Kong Stock Exchange. With the current situation of Alibaba’s hot funding, if we cash out, we may not be able to cash out. less money. "

Liu Zhiping reported the situation of Fengrui's investment companies in detail. Although Liu Zhiping didn't know why Li Feng sold these high-quality enterprises, Li Feng affirmed his reason in doing so. Just like Fengrui's financing this time, he should be himself Subordinates can do what they should do.

The reason why Li Feng wanted to buy these high-quality shares was actually similar to Fengrui's idea of ​​financing, that is, to use the money to make a difference, but the difference is a bit big, so big that it is a matter of billions of dollars.

Another point is that although Fengrui has sufficient funds in its books, the Android Alliance established by Li Feng in order to promote the Android system must cost a lot of money, and Li Feng spent a lot of money just to get Qualcomm's mobile phone communication patent at one time. 10 billion dollars.

After hearing this, Li Feng didn't say anything, just put down his teacup, and then asked unhurriedly: "Apart from Ali, Baidu, and Focus, among those non-listed companies, which ones have the highest valuation and the most promising prospects?" which one?"

"Boss, the highest valuation must be the Facebook you invested in, and then LinkedIn, Twitter, and our domestic one is JD.com... Well, it is not difficult to see the gap between the Internet between China and the United States from here. The same Internet company, the United States It is twice as high as China's Internet." Liu Zhiping sighed.

Li Feng has to admit that what Liu Zhiping said is very reasonable, but this gap is gradually narrowing, and with the advent of the mobile Internet, China has surpassed the United States in many aspects of the Internet.

It's just been busy for a long time, but the Facebook he invested in is the most valuable. Li Feng has to admit Zuckerberg's strength,

Although I joined forces with Peter Thiel to reorganize Facebook's equity through strong means, but there are still many loopholes left, maybe I will really "raise tigers for trouble".

But through that Facebook financing, Li Feng also understood a truth: what belongs to him is his own!

Regardless of whether Facebook’s ideas are our own or not, and regardless of the future of Facebook, there is no doubt that the founder of Facebook is Zuckerberg, and I am only a shareholder of Facebook. Fengrui is my root and the strongest backing!
Originally, Li Feng planned to let Fengrui and Facebook take over the ocean (Pacific Ocean) to dominate. The East Asian cultural circle is the main one, and the Latin alphabet cultural circle is the main one. As for other cultural circles, do what they can.

Zuckerberg's "rebellion" last time also changed Li Feng's strategic layout. Li Feng chose to let Renren go overseas, not only to occupy his own East Asian cultural circle, but also to enter the Western Latin cultural circle. Finally, in front of his own son (Renren) and adopted son (Facebook), Li Feng of course chose his own son!
And Renren.com has gained a lot from going overseas this time. Perhaps this is the period of the fastest development of social networks. Let alone Xiangjiang and Wanzhou. This is their own field. It is nothing more than changing Simplified Chinese to Traditional Chinese; in Japan, South Korea and other East Asian cultural circles, after Fengrui and Softbank forcibly "acquired" Japan's Mixi revised "Renren", it can be regarded as occupying the entire Asian market.
What surprised Li Feng even more was that the English version of Renren.com has also achieved a lot of success. Although Renren.com has a mediocre response in the United States, it has a lot of response in Europe, especially in the small countries in Eastern and Western Europe.

It is estimated that it is too late to fight Facebook. Anyway, "let the war happen to the enemy". At least Facebook cannot have the opportunity to enter the domestic market.

Because the investment in Facebook is Li Feng's personal investment, he himself accounted for 40% of the shares. Later, in order to check and balance Zuckerberg, Li Feng asked Fengrui to "forcefully" raise 30% of the shares. The personal share of Facebook becomes 28% (40%*0.7), and the final combined shares of Li Feng and Fengrui are 58%.

Later, in order to sell YouTube to Google at a high price, Li Feng asked Zuckerberg to organize an "ice bucket challenge" activity, agreeing to dilute Li Feng and Fengrui's shares in Facebook to 40%.

After sorting out all this, Li Feng took a sip of tea before slowly saying: "Let's not talk about anything else, let's put it aside, let's talk about Facebook first, since I have promised to repurchase our shares in Facebook. If it drops to 40%, then take this opportunity to do it,

That is to say, we only want to sell 18% of the shares. I personally let Yunfeng Fund sell 8% and Fengrui sell 10%. In this way, Fengrui and I each have 20% of Facebook shares, exactly 40%. , how to operate, you and Yunfeng's Lu Lu docking. "

After Li Feng made a decision, Liu Zhiping also nodded, and wrote it down in his notebook, "Is the time also the end of this year?"

"The money must be processed by the end of the year. Can it be delayed until 08? By the way, don't forget to say hello to Zuckerberg, but you must make it clear to Zuckerberg that this time we are selling shares, not Financing, the final ownership of the 18% of the shares, we have the final say, including the voting rights in it." Li Feng emphasized again.

The biggest difference between selling and financing is that the money after financing goes into the company, while the money after the sale goes into the pockets of individuals.

"I understand, boss, and even after the sale, the remaining 40% of our shares still have priority investment rights." Liu Zhiping said.

"Yes, that's what it means. Since we are selling, we have to choose a partner that is beneficial to us. It just so happens that Fengrui's financing this time comes from high-quality investment banks from all over the world, especially those non-American investment institutions. We It can also be compensated with the 18% of Facebook shares, which is also a way to get the best of both worlds!" The more Li Feng thought about it, the clearer his thinking became, and he settled on Facebook's shares in a short while.

Liu Zhiping also wrote down Li Feng's ideas, and then executed them perfectly.

(End of this chapter)