Hong Kong's new giants

Chapter 644 [Two strong contenders]

The next day, Lin Zuhui came to the New York headquarters of Jingwei Capital.

The current Jingwei Capital is almost as famous as the old limelight companies Sequoia Capital and KPCB. Because it has bet on a large number of Internet companies, it has become a legend in the investment circle in the United States.

In addition to betting on Internet companies such as Netscape, YAHOO, and Amazon, Jingwei Capital also invested heavily in hardware equipment manufacturers such as Apple and Kingston, which also increased the influence of Jingwei Capital.

Jingwei Capital has invested in a total of [-] companies in the United States, and [-] companies have been listed on the market, with remarkable achievements.

among them:

The Netscape shares he holds have been converted into AOL shares, currently worth nearly 4 million U.S. dollars. Lin Zuhui plans to sell AOL stocks in the second half of next year, which can bring at least 5 million U.S. dollars in profit.

With a 10.8% stake in YAHOO, the current market value of Yahoo is nearly 300 billion US dollars. Lin Zuhui plans to apply for a reduction in the second half of next year, and it is estimated that there will be no problem in cashing out 60 billion US dollars.Although Yahoo's market value is 1000 billion by the end of next year and 1280 billion at the beginning of the millennium, it is impossible for him to cash out in such a short time.

As for the stocks of Amazon and Apple, they do not intend to cash out, even if they can sell high and buy low; after all, he is a director of the two companies, and it is a bit troublesome to sell them. In addition, the prospects of the two companies are good, so there is no need to reduce their holdings.The holdings of the two companies are relatively high, but they will be diluted in the later stage, and there is no need to consider the cash-out part.Even if you cash out part of it, it will be around 2015, and it is better to control the holdings at 5%.

Kingston is not listed, and it is good to pay dividends every year. There is no need to consider listing, and the debt of its acquisition has been paid off.

Other listed Internet stocks will all start to cash out next year, and it is estimated that they can get about 10 billion US dollars in funds.

"Boss!" Lu Bingwen walked into Lin Zuhui's office respectfully.

At this time, Jingwei Capital laid off some US investment managers, so Lu Bingwen was a three-header in the US, the mainland, and Xiangjiang.Fortunately, venture capital investment has almost stopped in the United States, and Jingwei capital is mainly concentrated in the mainland and Xiangjiang.

"Well, how's it going with Priceline and that search engine company?"

Lin Zuhui gave up investing in Netflix because the growth of Netflix was slow after listing, and it was not until 2010 that the real stock price skyrocketed.

But he forgot about the excellent project Priceline, so he immediately arranged for Lu Bingwen to come to the United States to negotiate.

Priceline is the "Ctrip" of the mainland in the future. Of course, its market value will reach hundreds of billions of dollars in the future, so it is much better than Ctrip. After all, one is global in nature and the other is limited to the mainland.

Lu Bingwen said: "Priceline has registered the patent of 'Name Your Price (user bid)' in the first half of this year. With its distinctive business model, Priceline quickly received US$1 million in financing, and some of Priceline's investors even A heavyweight like Paul Allen, the co-founder of Microsoft. So, when I came to the door, Walker, the founder of Priceline, rejected our investment, and even proposed that if we really wanted to invest, they would only accept 1% of 15 million US dollars financing."

Lin Zuhui couldn't help laughing, and said: "It's really arrogant! Don't bother with him, let's see if Priceline can be so valuable!"

How could he remember that after the dot-com bubble, Priceline’s stock price fell so sharply that even Chairman Walker left the board of directors, but it turned out that Cheung Kong and Hutchison Whampoa under Li Chaoren invested in Priceline.

That being the case, let Priceline beg him to invest after the bubble crisis.

The reason is actually very simple. After the bubble crisis, these companies lack funds, and the Internet itself does not have much profitability. At that time, capital will be the boss, except for a few powerful companies.

Lu Bingwen nodded and said: "Well. As for the search engine you mentioned, they have officially established Google this month, and now they are working in a garage. % of the equity."

Lin Zuhui immediately said: "We also want to invest 10% of the shares. No matter how much it costs, you can discuss it yourself!"

Lu Bingwen was shocked. He knew that his boss had a better vision than those investment managers. Jingwei Capital had been established for so many years and had invested in nearly 50 companies in the United States. The rest of the investment was worth nearly 3 million U.S. dollars. Barely pay back, next year may be able to make a lot of money, but not more than five times.

On the contrary, the investment hand-picked by the boss, just one Yahoo, has already multiplied hundreds of times.

"No problem, don't worry, the boss, after all, Goole has not yet risen, I will definitely get 10% of the investment!"

Lin Zuhui said worriedly: "Get it done as soon as possible, the price doesn't matter, and the relationship should be better! Let me tell you, Netscape, Yahoo, and Google are the products of the three eras. Yahoo will eventually lose to Google, and search engines will definitely lose Will beat the portal."

Lu Bingwen was surprised immediately, but he believed the boss's words, because the boss had already invested in Netscape and Yahoo.

"Okay, I see, finish it as soon as possible, and report to you at any time!"

Lin Zuhui nodded. In fact, he was not sure whether the second round of Google would be 10% of the million dollars or 2500% of the 10 million dollars.

In short, he remembered that Google only had about two rounds of financing, and then there was no shortage of money!
Fortunately, they just moved into the garage at this time, and it was unreasonable to reject a venture capital company with little influence.

When Sharp, the founder of Four Seasons Hotel, convened the board of directors and announced that Barings Bank offered 48 US dollars per share (0.41 million shares) to privatize Four Seasons Hotel, it immediately exploded on the board of directors.

Of course, this price is quite attractive. After all, it is only 36.8 US dollars per share, which is a full premium of 30%.

"This price is quite attractive. We all know that hotel companies have always been undervalued by the market, and their stock prices have been low for a long time; therefore, since Barings Bank intends to acquire them, it is indeed a good target!" A director said first.

"I admit that Barings Bank is a good target, but please don't forget that there are super rich people behind Barings Bank, so the price can naturally be higher. Do you think so?" A director said in a good mood.

"Haha, it makes sense!" Suddenly, many directors began to agree.

Sharp is also very happy that the Four Seasons Hotel was acquired by Barings Bank at this time, because when Harold, the vice president of Barings Bank, talked with him, he made it clear that he would continue to support himself in managing the Four Seasons Hotel and retain 5% of the shares.

Of course Sharp wants to cash out, isn't it nice for him to retire with more than 6 million US dollars; besides, the impact of the previous bankruptcy has always been in his heart, so he is not opposed to selling shares at all.

Of course, he can't show it yet, because Four Seasons Hotel still has two super rich shareholders.

Also present at the board of directors at this time was Waleed, as well as Bill Gates' personal financial representative.

"Prince Waleed, what's your opinion?"

Waleed is a little bit embarrassed, he has a good relationship with Lin Zuhui, but he is reluctant to part with the investment of Four Seasons Hotel, and he knows that Bill Gates also likes Four Seasons Hotel.But now, he could see that Sharp was already moved.

"If everyone agrees to privatization, I have no opinion! But I will choose to keep my shares."

A kind of shareholder looked at Waleed, because this person said so, so he also wanted to get involved in the privatization of the Four Seasons Hotel!
When Sharp saw the change in the situation, he was immediately happy, because it was within his expectation.His idea is very simple. It is best for Bill Gates, Lin Zuhui, and Walid to privatize the Four Seasons Hotel individually or in a group, so that the price can be higher.Moreover, his right to operate is still there.

Microsoft.

When Bill Gates heard that Barings Bank was privatizing the Four Seasons Hotel, he immediately changed his expression.

He likes the Four Seasons Hotel, because it is the place where he and Linda got married, which is very memorable; moreover, he also likes the style and environment of the Four Seasons Hotel. It can be said that if the Four Seasons Hotel is going to be privatized, he hopes to be himself.

"What do other shareholders say?" Bill Gates asked about his private finances Chuck.

"Everyone is very keen to take advantage of the situation, that is, to agree to privatization. The same is true for Mr. Sharp, after all, Barings may have reached some agreements with him, such as retaining his management rights and part of the equity."

Bill Gates immediately said: "Can I immediately take out the funds and participate in the privatization of the Four Seasons Hotel?"

Chuck said: "Of course it's not a problem, but you have to sell Microsoft's stock, or mortgage the stock. Given that Microsoft's stock is still rising wildly, it's not worth selling now, so you can give priority to loans. I believe many banks are very keen to become the richest man. You loan, sir."

Bill Gates breathed a sigh of relief as he listened to jokes about private finances.I have a net worth of 500 billion US dollars, why not fight for something I like?
New York, The Langham Hotel.

Lin Zuhui and Waleed met at their hotel.

The two met when they invested in Citibank and have maintained a good friendship since then.Both he and Waleed often come to the United States to seek opportunities, so they get together occasionally.

"Lin, I've been left behind by you a lot in terms of investment!" Walid said with a smile.

Lin Zuhui said modestly: "You are also very good. I have invested a lot of money, but the returns are not good!"

"Apple? Then you don't have to worry about it. With the return of Mr. Jobs, Apple has achieved very good results. Your paper profits are not cheap, right?"

"Haha, Mr. Jobs is indeed the best CEO of Apple."

At this moment, Waleed was a little envious. He actually wanted to invest in Apple, but Lin Zuhui took him one step ahead. Of course, he didn't particularly value Apple, because he had better choices.

The two chatted for a while, and Walid said, "Lin, your Barings wants to privatize the Four Seasons Hotel?"

Lin Zuhui nodded and said, "Indeed! I know that you are an important shareholder of the Four Seasons Hotel. Although I haven't communicated with you in advance, I always think that you are welcome to join us."

Walid said: "You may not know that there is another person who has a soft spot for the Four Seasons Hotel, and that is your opponent Bill Gates."

Lin Zuhui quickly waved his hand and said modestly: "How can I be compared with the world's richest man and technology giant."

Walid said with a smile: "People on Wall Street say this. In fact, your wealth is underestimated by magazines. After all, Bill Gates does not have so many unlisted companies. Moreover, you are also a technology giant. You invested in Yahoo, Amazon, and the ICQ you created, are tech companies."

"That's far from Microsoft. Microsoft's market capitalization should still have a big increase in this wave (currently 2350 billion U.S. dollars). I won't be surprised that Bill Gates will be worth 800 billion U.S. dollars next year."

"Indeed, Bill Gates' wealth has grown too fast! Therefore, you may encounter a strong opponent when you acquire the Four Seasons Hotel this time."

There was no surprise on Lin Zuhui's face, but he asked generously: "So you, plan to join forces with that friend!"

He knew that Waleed and Bill Gates were also friends, and he was also friends with Buffett, so he asked this question.

Walid said with a smile: "I hope to convince you two to cooperate, but if it is not possible, I will only keep my own shares and join whichever side you win."

Lin Zuhui was silent. He didn’t dare to take a peek at the world’s richest man. Bill Gates holds 27% of Microsoft’s shares, and Microsoft’s market value will exceed 2500 billion this year. There is absolutely no problem; Give in easily.

However, because Lin Zuhui invested a lot of shares in Bill Gates' rival companies, and refused Microsoft's acquisition of IQC, and the friendship between the two was originally a casual acquaintance, so they were really unfamiliar.

"Then let's see what happens next!" Lin Zuhui said with a smile.

"Okay, I hope everyone can handle this matter well!"

Next, the two chatted.Naturally, Lin Zuhui wanted to show off the Boeing 747 private jet he was about to deliver. Waleed was also very interested in this, and he had a bigger idea of ​​a private jet in his mind.

In fact, Waleed also has a superyacht, which is bigger than the two in Lin Zuhui's family. He used to play on it, and he has always been thinking about the 100-meter super modern yacht.

Therefore, he has asked the family office to go to Germany to investigate to see if it is possible to build a luxurious super yacht, which can carry a hundred people and take off a helicopter.

Apple.

Lin Zuhui came to Jobs' office and made a suggestion to him.

"Jobs, what do you think of the MP3 product?"

Jobs thought for a while and said: "Compared with MP3, I am of course more concerned about Apple's computer business. Lin, do you think this product has a good prospect? I remember that MP3 was invented by Xiangjiang Xiaomi Technology. You are the owner of this company. Big shareholder!"

Lin Zuhui said with a smile: "That's right! As for MP3, I suggest that you should pay attention to it. Think about it, how many Sony Walkmans have been sold? Now that we have entered the Internet age, a product that is smaller and more convenient than the Walkman, Apple Why doesn't the company take it seriously?"

Jobs got serious. In his opinion, Lin Zuhui definitely understood technology, otherwise he would not have invested in so many American technology companies.

Next, the two seriously discussed!
Lin Zuhui even described the appearance design, specific functions and effects of Apple's IPOD in his previous life!

"If it weren't for the popularization of computers in Asia and the busy Internet speed, I think Xiaomi Technology can develop such a good product! Such a product is a boon for people who like music. The important thing is that Apple can also connect Software evolves together."

Jobs nodded and said, "Okay, your suggestion is very good, I will definitely discuss it at the meeting!"

Lin Zuhui said with satisfaction: "OK"

Now he is the major shareholder of Apple, and he can make money for as many Apple phones as the Chinese people buy in the future.

(End of this chapter)