510 Insufficient Greed Snake Swallows the Elephant
After finalizing the financial plan for establishing a fund and allocating funds, Lin Fan left Abel alone.
Abel thought the boss had something important to explain, but the other party asked: "Duck neck, you went to adjust Ahri, did you find any problems?"
Yabo nodded and said solemnly: "Yes, I also wrote it in the investigation report. I suspect that this company has serious religious fanaticism!"
The corners of Lin Fan's mouth twitched and he raised his hand to signal Yabo to continue.
Yabei said with a serious face: "Their boss Jack is like a religious leader. The employees seem to fall into an incomparable fanaticism as soon as they see him...
Also, their offices also have some very strange names. They are called "Peach Blossom Island" and "Blackwood Cliff". I asked someone to find out. They are from the martial arts world written by a novelist.
In that martial arts world, there was a cult leader, and I think Jack Ma was a bit like the cult leader, and all the employees became his followers."
Lin Fan couldn't help laughing, "Then do you think this is a good thing or not?"
Yabo hesitated for a moment. He remembered that Jack took him around Lin'an City some time ago and tasted so many delicious foods. It was quite a courtesy to him and others.
However, Lin Fan was the one who paid him salary.
Thinking of this, he sold Jack Ma without mercy.
"For a company, Jack Ma has left too deep a mark, which is not a good thing. I dare say that without him, the company will definitely be turbulent and even lose its direction."
Lin Fan nodded, "It's normal. Many companies will do this after leaving their founders."
Yabo continued: "But if something unpredictable happens to Ahri in the future and Jackma leaves, it will cause us a lot of trouble.
We invested nearly US$700 million, but the investment was in a less mature company.
What I mean by maturity is that it can still function well after leaving the founder."
Lin Fan knew that Yabo was making an objective analysis, so he nodded and said, "Okay, I understand. I won't worry about it for now. I have my own arrangements. Let me tell you about it!"
"I?"
Duck neck looked stunned, not knowing what the boss suddenly said about him.
"Yes, the Beginning of Autumn Fund and the End of Summer Fund will be handed over to you for management. The former has a scale of US$800 million, and the latter has a scale of at least US$1.5 billion.
This is equivalent to half of Lin Capital’s money being managed by you.”
He straightened his neck and chest, straightened his waist, and said seriously: "First of all, thank you boss for your trust in me.
I have also handled so much money at Morgan Stanley, and I guarantee that nothing will go wrong and delay your big plan, boss."
Lin Fan smiled. Although Yabo had a lot of funds under management, it was actually just an empty shell, or a signboard.
The US$800 million from the Liqiu Fund has almost been spent, leaving only the last few million US dollars;
The Chushu Fund is a parent fund, which is equivalent to a management platform. The funds will be transferred into various sub-funds. It is also the sub-funds that actually decide what projects to invest in.
The main role played by Yabo is to provide post-investment services and capital channels.
He specializes in technology and Yabo has ten years of PE experience, so Lin Fan chose him to serve as the manager of the two largest funds of Lin Capital.
"Android is in the United States, Ali is in Lin'an, China, and the summer vacation fund is in Hong Kong. You may have to travel to three places next, so you have to be mentally prepared."
Yabo waved his hand nonchalantly, "Boss, you don't have to worry about me. This level of work intensity is nothing. I remember when I was at Morgan Stanley, I set a record of flying to twenty cities in one week.
.”
Lin Fan said with a "hehe" smile: "Really? I really saw the right person. Wait two days and you will go to Luxembourg with me."
"Go... to Luxembourg?"
Yabo's face suddenly fell, "Boss, no...didn't you say that you would give me half a month's leave after Ahri's adjustment is completed?"
At the end of the story, the voice of the duck neck became smaller and smaller and became inaudible.
"Did I say this?"
Lin Fan looked like he couldn't remember.
Yabo looked sad. He had been working on Ahli for more than two months and had not rested even a day...
Well, he admitted that when they first arrived in Lin'an, Jack Ma took them to play for two days.
The rest of the time, he was really not lazy for a day. He was busy from morning to night, and he never saw the color of the sun in Lin'an.
Lin Fan doesn't have many bad habits. Apart from teasing employees, he doesn't have any other bad habits.
Seeing Yabo's expression of mourning, he said with a smile: "Okay, okay, let's go to Luxembourg to finalize the sale of Skip. When the matter is over, I will give you five more days of leave."
Duck neck understands, this is to help the boss with his private work.
However, except for hedge funds, all other funds of Lam Capital are solely owned by the boss. There is no problem in saying that Lam Capital is the boss’s private family office.
There is no issue of being punished for doing private work.
On the contrary, if the boss drags you to do private work, this is to focus on cultivating yourself!
Thinking of this, Yabo stopped grimacing and said with a playful smile: "Hey, boss, you told me earlier, I haven't been to Europe for a long time, and I just happened to follow you to see the world."
Lin Fan looked at Ya Nie, who was saying nothing at all, and smiled without saying a word.
…………
…………
Before leaving for Luxembourg, Lin Fan asked Yabo to lead the team and finalized the Pre-A round of financing for Ganji.com with Yang Haoyong.
Based on the post-investment valuation of US$10 million, it is planned that the newly established Jingzhe Fund will invest US$1 million in Ganji.com.
After the financing is completed, Lin Fan's personal shareholding in Ganji.com will drop from 25% to 22.5%. However, Lin Capital China will still hold 10% of Ganji.com, and the actual shareholding has increased.
Yang Haoyong is very satisfied with this valuation, because Ganji.com was valued at only US$1.6 million half a year ago, and now it is equivalent to an increase of more than five times.
With this money, Ganji.com can also hire an advertising company to recruit Brother Chun, who just appeared on the cover of Time Magazine in Asia, and shoot an advertising film together.
In the office of Ganji.com, Yabo, Lin Fan and Yang Haoyong signed the investment intention agreement in a peaceful atmosphere.
Yang Haoyong took Lin Fan's hand and said sincerely: "Lin, you really solved my urgent need this time!"
Lin Fan calmly withdrew his hand. Two grown men, tugging and tugging in broad daylight, how could they behave like this?
"Now that we have the money and the spokesperson, we can quickly shoot the commercial and quickly expand to the other three first-tier cities."
Having said this, Lin Fan paused and said, "Don't look for it at Frame Media. Let Tan Zhi introduce Jiang Nanchun to you and place an elevator advertisement with Focus Media."
You can also invest in Tudou's ads, and you can negotiate the price with Wang Wei yourself."
Yang Haoyongpin means that Frame Media is going to be sold?
He didn't ask too much, just nodded to show that he understood.
Lin Fan pulled Yang Haoyong aside and whispered: "Tudou.com will soon complete its Series A financing."
"Ah, how much are they valued at?"
Yang Haoyong is very concerned about Tudou, which started at the same time as them. Both companies were jointly invested by Lin Fan. Although he has a good relationship with Wang Wei, he also has other intentions.
Lin Fan gave a thumbs up gesture.
"Six million dollars?" Yang Haoyong asked.
Lin Fan smiled, "Sixty million U.S. dollars is just the pre-money valuation. Axel led the investment with 10 million U.S. dollars, and we, Lin Capital, followed with an investment of 5 million U.S. dollars, and the post-money valuation is 75 million U.S. dollars."
After hearing this, Yang Haoyong no longer wanted to listen.
He was a little complacent at first, but in the blink of an eye he was mercilessly hit.
Lin Fan observed the situation and said with relief: "Don't be discouraged, it's still early, I believe Ganji.com will be able to make progress.
After two days, you go to the Magic City to have a drink with Wang Wei, flatter him, and while he is happy, ask him to charge you less for advertising."
Yang Haoyong sighed, "Okay, I understand, I definitely won't hold it."
This is what Lin Fan meant, and Yang Haoyong was not stupid and quickly understood it.
So there was no need for Lin Fan to make a point. He patted Yang Haoyong on the shoulder and left quickly with Yabo and his friends.
The next day.
Lin Fan flew to Luxembourg with Yabo and several Liqiu Fund employees.
Luxembourg is a well-known low-tax area in Europe, and Scape's headquarters is located here.
In addition, avoiding court summons and threatening letters from telecommunications companies from various countries are also important reasons why Skip chose to place its corporate headquarters here.
After getting off the plane, Lin Fan took two taxis with Yabo and others, and they arrived at the Skip headquarters in a short drive.
Skip's headquarters is located in a six-story ordinary building. The appearance looks very old, covered with various vines, and it is very old.
No one could have imagined that a company valued at several billion dollars would be located in such an inconspicuous place.
From the outside, this building looks more like a residential area than a place suitable for an office. There is no logo related to SCAP hanging at the door or other conspicuous places.
When Lin Fan knocked on the door, he discovered that there was a cave inside.
As soon as you enter the house, you will see a swimming pool made of inflatable capsules.
"Oh, I bought it, boss, what is this? Have we entered the children's paradise?"
As soon as Yabo finished speaking, a tall man walked out from the opposite side with a smile on his face: "Welcome to Skip Children's Park!"
As the man spoke, he came up to Lin Fan with a smile and high-fived Lin Fan, "Lin, long time no see!"
"Nicholas, my friend, it's so nice to see you."
Lin Fan was also possessed by the drama spirit, and he was immediately immersed in the scene of seeing his old friend again, high-fiving and hugging Nicholas Zengström, with a look of great joy on his face.
While Yabo was complaining, he was determined to learn from his boss.
"Lin, how do you feel here?"
Nicholas spread his palms and pointed around.
Lin Fan took a look at the messy hall and said sincerely, "It's so cool. Apart from a bit of a waste of water, there are no other flaws."
Nicholas laughed "haha" and pointed to the swimming pool and said, "Actually, it's not a waste at all. It only puts in a few tons of water. In the summer, everyone can take a shower, take a bath, etc."
Lin Fandan smiled. He had long heard that the Skip team was extremely dissolute, and he learned the lesson today.
Then, Lin Fan introduced Yabo and the others to Nicholas. After shaking hands with each other, Nicholas led Lin Fan and his party upstairs.
Downstairs is the swimming pool, and upstairs is even more grandiose. The accounting department works in the bathroom and bathroom, and the various technical departments work in the bedroom.
This building was originally a residential apartment, but it was rented out by Skip and converted into offices.
The modifications were also very rough!
Lin Fan almost burst out laughing when he saw a financial staff member sitting on the toilet working.
Nicholas noticed Lin Fan's expression, spread his hands and said, "There is nothing I can do. It's not that I can't afford a better office building, but I'm afraid of harassment."
Lin Fan nodded. Nicholas's team had a criminal record, and what Skip did was also harmful to the interests of telecommunications companies in various countries. He could only keep a low profile.
"Actually, except for the legal letters sent by your country and the United Arab Emirates, we have never blocked telecommunications companies in any country."
Lin Fan smiled, Emirates Telecommunications Company is controlled by the royal family, not to mention the telecommunications operators in the country, and they are not easy to mess with, unlike other countries where private capital controls telecommunications operators.
Lin Fan looked at the employees eating snacks, browsing Facebook, and YouTube in the office, and frowned. Isn't this management too loose?
He heard that SkypeOut, a product that uses Skype to make calls to landlines and mobile phones, had no market research on its pricing, but was made by two employees using Excel in one night.
Typical, made with a slap on the head!
Whether you make less money or not, that’s for sure.
It was going to be sold anyway, and Lin Fan didn't really care how chaotic Skip's management was.
Currently, Skip is thriving, and he speculates that high growth has masked many management shortcomings.
It’s not that “happy work” is bad, but I feel like Skip is a little too happy!
"Nicholas, where are the others? Anus, where are Tallin and the others? Take me to meet them?"
Nicholas hesitated for a moment, nodded and said: "Okay, come with me!"
Lin Fan followed Nicholas and went up to the sixth floor.
Before he even opened the door, Lin Fan heard the deafening music in the room.
Nicholas was still a little embarrassed and forcefully defended: "Today is a day off, so everyone is having a party at the company, which is actually our daily residence."
Lin Fan was too lazy to analyze the truth or falsehood of Nicholas's words, and said with a smile on his face: "Really? Parties are my favorite."
Nicholas opened the door, and Lin Fan saw this scene.
A group of fat and naked men were smoking and drinking in the room. Some of them were singing with microphones in their hands, and their tunes were out of the blue.
"Lin! Welcome!"
"Long time no see, Lin!"
"Lin, come and have a drink!"
…
When the other five founders of Skip saw Lin Fan appearing here, they all greeted Lin Fan casually, and some even came forward to offer him beer.
From an Eastern perspective, it is impossible to understand this kind of carnival.
This is the attitude of Westerners towards financial freedom and major events in life.
Play!
Play whatever you want!
I just kept a high profile, what the hell!
Lin Fan took a beer, greeted the five founders of Skip one by one, and sat down on the sofa next to Nicholas, who was calmer and more sober.
While listening to all kinds of ghosts crying and howling, Lin Fan drank and chatted with Nicholas.
"Have you really decided? You must sell?"
Nicholas glanced at Lin Fan and nodded, "Although Skip has 20 to 30 million users, it has been unable to make a profit.
In addition, the telecommunications company wanted to send special forces to arrest us all and shoot us, so the pressure we faced was very high."
Lin Fan understood Nicholas's concerns very well. The last time he started a business, he died due to external pressure. To avoid repeating the same mistake, it was normal for him to give up when things were good.
"I heard that Estonia's general advisors all flew to Luxembourg to see you?"
Nicholas sneered, but did not hide anything. He told the story, "Because there are no well-known Internet companies in Estonia, the country hopes that we will not sell the company, and also promised to provide us with various supports...
This is all nonsense!
I still don’t know what kind of support our country can provide us. As soon as Dad Yingjiang puts pressure, he will immediately kneel down.”
Nicholas' words were very rude, full of derogation and disdain for his own country.
But Lin Fan knew that what he said was the truth.
Let alone a trade war, a small country like Estonia will kneel down with just one look from Father Eagle.
This is the tragedy of a small country!
There is no way to provide support to citizens and businesses.
If the country had been stronger, Nicholas would not have been so determined to sell Skip.
Because Nicholas is not stupid, he knows that if he continues to play, he will not be able to cover them with the strength of his motherland.
Therefore, those speculators who have made money from domestic real estate, donated money to prestigious foreign schools, and whose sons insulted the country and martyrs on the Internet platform should really be pulled out and shot 10,000 times.
This is a typical example of picking up the bowl to eat meat and then putting down the fast food to scold the mother.
