Hong Kong's new giants

Chapter 668 [Children can be taught]

Monday, May 6.

In the morning, Liang Zhenxun was the first to come to Lin Zuhui's office.

"boss"

"Well, sit first"

Then, Liang Zhenxun reported the recent financial situation of the group.

In the first half of this year, New Era Group spent 30 billion US dollars to order various types of shipping vessels and purchase suitable second-hand ships. On ships, New Era Group has spent 60 billion US dollars in two years, which can be said to be the world's number one. Ship king' go.Of course, the general date of delivery is after 2001.

Then, more than 20 billion U.S. dollars were spent on Amazon Shopping Center and Langham Hospitality Group.

Money is flowing like water, but the revenue and profit of New Times Group have also begun to rise. The current annual profit level is more than 300 billion Hong Kong dollars (only including normal profits, excluding financial investment).

Langham Hospitality Group is also a department with key capital expenditures. For example, it spent 2.1 million US dollars to win the "Hilton Hotel" in Seoul this month;
Unlike the Hilton Hotel Group, Langham Hotels are all asset-heavy (that is, properties or property rights), while the Hilton Hotel Group accounts for only about 40% of heavy assets and 60% of light assets (franchise management fees, brand fees, etc. ).

The reason why he gave such a high price was because Lin Zuhui knew that he gave it so high, and soon Softbank Sun Zhengyi came to the door directly and begged for an investment of 3000 million (actually 2000 million).

Lin Zuhui didn't talk about cashing out Vodafone and Sony. These two are not in the United States. They can cash out after the millennium. It is estimated that they can cash out 70 billion US dollars.

Lu Bingwen said at this time: "If Alibaba does not accept our investment, then we believe that our new choice will soon appear in China."

He understands that the boss wants a board seat, more because he is optimistic about this company for a long time and is not going to reduce his holdings for the time being.

Jack Ma said quickly: "Mr. Lin, hello, I'm Jack Ma, please take care of me!"

"The normal property sales resumed in the first half of the year, and the overall performance is good. It is estimated that there will be a normal profit of more than 160 billion Hong Kong dollars. At present, the company still has a cash flow of more than 230 billion Hong Kong dollars in its account."

In this way, one sweet date and one stick, an investment of 2500 million US dollars was quickly finalized.

"Alibaba's B2B business can only be said to be accumulating experience in e-commerce. The real future in the mainland is the C2C third-party payment tool, similar to the Internet payment released by Amazon last year. Transactions generate trust. Develop instant chat tools and connect with online shopping."

At least, Lin Zuhui saw that the two of them were very nervous, but Jack Ma couldn't let go.

What Lin Zuhui said made the three of them 'stupid'. The 'cake' was so big that no one knew what to say.

Time flies, and the transfer came to the beginning of July.

When the two sides met, Jack Ma acted very restrained, and the scene was far worse than when he met Li Chaoren at the Yangtze River Center Building in his previous life.

Before Jack Ma could speak, Cai Chongxin said quickly: "Mr. Lin, we don't want so much investment, and we also hope that many companies will invest together."

Liang Zhenxun nodded happily, and said, "It just happened to buy some half-year debts from Hong Kong Telecom, and it's almost due!"

Therefore, he planned to meet Jack Ma and Cai Chongxin in person, and invited them to Xiangjiang to meet in June.

At this time, Jack Ma naturally wanted to support Cai Chongxin, so he said: "We really can't afford this kind of investment, about 500 million US dollars is enough!"

He did not go to the mainland to seek investment, nor did he send Lu Bingwen, the president of Jingwei Capital, because he knew that with Cai Chongxin, it would be difficult for Jingwei Capital to obtain the desired shares.

"Mr. Lin, nice to meet you, I'm Cai Chongxin."

Cai Chongxin and Jack Ma shook their heads. They vaguely guessed, because Lin Zuhui is also the founder of ICQ, Sina.com, etc., and he may have a very thorough understanding of this industry.

Lin Zuhui was still very calm, smiled and said to Jack Ma: "What do you mean?"

Lu Bingwen was just a little surprised. He didn't think the boss was a layman in venture capital, because the boss's successful investment was unmatched by all their investment managers; what was important was that he knew that the boss not only knew how to invest, but also gave excellent advice to companies.

Generally speaking, venture capital companies not only provide funds for start-up companies, but also provide help for other aspects of start-up companies; obviously, a domestic Internet company cannot go international, so naturally it does not need too many consortiums to distribute a cup of soup.

As for the third round, it is almost entering the C2C field. At that time, Jingwei Capital will still dominate, but other investors can be introduced to have a drink.

Lin Zuhui continued: "Do you know why Amazon allowed two rounds of investment? Bezos is an investment banker!"

With the words 'Lin Zuhui', it is naturally impossible to be rejected.

Lin Zuhui added again: "What I said just now is just a reason to invest in you. I hope you don't think too much now. Alibaba can do B2B within two or three years. You have to find the right opportunity to enter according to the domestic Internet development. C2C. Just like building a house, now is the time for Alibaba to build a base.”

A big man who is so rich and so familiar with e-commerce will be the best helper for Alibaba.

Cai Chongxin also nodded, and said: "Not only can we accept investment, but we also hope that Mr. Lin or Mr. Lu will join our future board of directors."

On this day, two guests came to Lin Zuhui's office. They were the famous Jack Ma and Cai Chongxin.

Currently, New Era Group holds 1.5% of Microsoft shares, with a market value of more than 60 billion US dollars; if it cashes out at this rate, 80 billion US dollars is no problem.

At the end of the 6-minute speech, Jack Ma looked at Lin Zuhui nervously, but Cai Chongxin was very calm and confident.

Hearing this, Lin Zuhui said with satisfaction: "The speed of spending money is just right, just right, you cash out Microsoft's stock, but you have to cash out on average over 8 months, so as not to arouse too much alert in the market."

Lin Zuhui said with a smile: "I have not only brought 2500 million US dollars to Alibaba, but also more things. I have invested in Internet companies such as Netscape, Yahoo, Amazon, Google, etc., and I have also invested in companies such as Apple and Kingston. hardware vendors."

Whether it is the Hilton Hotel or the Marriott Hotel, their light assets are far higher than their heavy assets. After all, there is no consortium in the world that likes to invest in properties as much as New Era Group, and is so powerful.

Lin Zuhui invited everyone to sit down on his sofa, and secretary Li Ke poured tea for everyone.

Then, everyone continued to chat. At this time, everyone is naturally an ally and colleague.

Lu Bingwen said: "It should be like this. In fact, the 2500 million funds can almost support the B2B business. Specifically, we don't interfere, and our boss doesn't like to participate in the management of the company involved in the investment."

"Think about it, if you can buy 'cheap goods' across the country on your home and company computers, it will be a subversive revolution. Of course, the basis of this subversive revolution is Computers are popular in the mainland, and there are more and more netizens.”

And Lin Zuhui simply preempted Alibaba's first and second rounds of investment.

These are just estimates. In fact, the underestimation of the market value by Lin Zuhui and tax issues must be taken into account.The stock tax rate in general countries is around 10-15%, and in China it is 20%.

Lin Zuhui nodded with a smile. As for Jack Ma's next speech, Lin Zuhui believed that he had repeated it more than a dozen times, or even dozens of times; speaking in front of venture capital companies and in front of the media, Jack Ma had a good life anyway. orator's.

"The reason is actually very simple, because I have a longer-term vision and strategy than Bezos. He was worried that I would invest in other opponents, so he had to bow his head. In fact, I am not optimistic about what you just said. It is a long-term Not optimistic, there may be trouble in the short term.”

Next, Jack Ma turned on the speech mode, and Lin Zuhui listened calmly.

"2500 million US dollars, 25% equity plus voting rights, how about it?"

"I called you to Hong Kong this time because I am very interested in domestic e-commerce and want to invest in a company with great potential." Lin Zuhui finished drinking tea and said.

Jack Ma quickly put down his teacup, and said, "Since Mr. Lin is interested in Alibaba, allow me to introduce our Alibaba to you."

This is why the number of hotels and rooms of Langham Hotel is very different from that of Hilton Hotel Group, but the value of Langham Hotel has reached 150 billion U.S. dollars, while Hilton Hotel is only about 200 billion U.S. dollars.

The important thing is that the current domestic development of C2C is not yet mature.

For Alibaba, Lin Zuhui's idea is to squeeze out Softbank's position. After all, Alibaba does not need too many overseas consortiums.

The reason why Lin Zuhui couldn't let it go at first was that Lin Zuhui's achievements were too high, and Lin Zuhui also found that although he had a refined and handsome temperament, he actually gave people an aura of a "superior", commonly known as "the king of the overlord". gas'.

Cai Chongxinhui reported: "To obtain such a high amount of cash, our top priority is to form an offshore company in the Cayman Islands to form a structure of 'offshore Alibaba' controlled by Jack Ma's team and Jingwei Capital."

Jack Ma quickly said: "We accept investment!"

At this time, Jack Ma and Cai Chongxin couldn't help looking at the office of the legendary Chinese entrepreneur, and found that it was very simple. There was no photo with the president, and there was no special place. In short, it was just a word 'clean'.

Hearing about these well-known companies, Jack Ma and Tsai Chongxin really understood why Jingwei Capital is so powerful and why Lin Zuhui is a "global businessman who has crossed eras and centuries".

To be honest, he doesn't care about Alibaba's 'B2B model' (business-to-business) at all, and feels that there is no prospect; of course, without experience in the B2B model, there is no 'C2C model' behind it.

It's not that there is no distinction, but that there is no need to divide too much.

As soon as Lin Zuhui finished speaking, Jack Ma and Cai Chongxin looked at Lin Zuhui in disbelief, while Lu Bingwen was also a little surprised.

At this time, the debt of New Era Group has reached 1000 billion Hong Kong dollars. By January next year, at least 500 billion debts (excluding interest) need to be repaid.

In fact, as early as April, alibaba.com had been launched, and Lin Zuhui also began to pay attention; when Cai Chongxin gave up the annual salary of US$500 million in the United States to join, Lin Zuhui knew that he could start.

"Finally I'm looking forward to the two of you, you must be Jack Ma, the founder of Alibaba, you are the CFO Cai Chongxin who came back from the United States!" Lin Zuhui smiled and stretched out his hand, shaking hands with them one by one, with a very cheerful tone.

For a long time, Cai Chongxin glanced at Jack Ma, and Jack Ma glanced at Cai Chongxin again, unable to pay attention for a long time.

Jack Ma wished to make Lin Zuhui his confidant. Just now he almost began to doubt the B2B business, but now he calmed down after listening to Lin Zuhui's words.

"Mr. Lin is right. You have a long-term vision, but it doesn't mean that Alibaba can realize it now. So please rest assured that we will definitely promote e-commerce in a down-to-earth manner."

Children can be taught!
To be honest, in terms of Taobao’s model, calling Lin Zuhui to develop is even more slippery than Jack Ma.

Of course, Lin Zuhui prefers to be an investor, just lie down and make money, where he needs to work hard.

(End of this chapter)