Lin Zuhui began to gradually disband the investment managers and staff of Jingwei Capital, retaining only some necessary positions, because he found that doing venture capital was a bit too ostentatious, and he also needed to apply for cash out, which was quite troublesome.
Of course, the most important thing is that he no longer needs to make money in such a high-profile way.
For example, with Netflix now, Matrix Partners can indeed obtain venture capital, but in Lin Zuhui's view, if he invests in too many successful cases, he will easily be suspected.
Even if he doesn't invest in Netflix, he can still make a lot of money from Netflix, because after Netflix went public, for a long time, the market value was only a billion US dollars, which is still a big gap from the market value of 200 billion US dollars. He
Just buy about 4% of the shares in a diversified manner and you can make a lot of money.
The same goes for Google. Buying stocks from the secondary market is more in line with the principle of keeping a low profile, and you can also make hundreds of times profit.
The reduced Matrix Capital will shift its direction to the mainland, and Lin Zuhui is also preparing to focus on investing in Penguin and Alibaba.
icq, US headquarters.
Lin Zuhui listened to President George's report and thought about icq's next function and direction.
This year, Microsoft and AOL, both angry and angry, have released instant messaging, but neither Microsoft's MSN nor AOL's AIM pose a threat at all.
Because icq's functions are so perfect, and its version is relatively concise and convenient, it has completely become the number one social networking software in English-speaking countries and regions.
Free email, offline messaging, avatars, emoticons, notes, voice, chat rooms, icq groups... Each function is gradually improved, and every time icq is updated, it makes people shine.
This year, when msn and aim were launched one after another, icq immediately updated the version and added functions such as chat rooms and icq groups, which frustrated Microsoft and AOL's attempts to seize the social software market.
"Can icq pass the listing?"
"Boss, icq cannot be listed because it has no way to make money. Of course, if the boss wants icq to be listed, we have to consider ways to make money, which means adding advertising and other solutions."
George reported respectfully that although he was a professional manager responsible for icq's global operations, the person in front of him could fire him at any time and it would just be a loss of some money.
Lin Zuhui nodded, but said: "Advertising affects the user experience too much. I think we should develop a membership system."
George asked in confusion: "What are the privileges of membership?"
Lin Zuhui said with a smile: "There are many. In short, membership is a kind of respected identity certificate. As for privileges, such as upgrading the icq system...the member's identity plate...the red distinguished nickname is displayed...
....The friend panel is ranked high..."
George heard it like thunder, it turned out that you can still play like this!
Lin Zuhui sneered in his heart, "Little Ma" has been the social software that has unified the population of 1.4 billion for many years. You Americans are the only ones playing this, and you are no match for others.
"Boss, your idea is so great!"
"I didn't come up with it, it was the developers from Xiangjiang who came up with it."
George has no doubt about him. The headquarters of icq is in the United States, he is the president of icq, and icq company in Xiangjiang is more like an "outsourcing".
"Well. In this way, there will no longer be any problem for icq to go public. After all, we still have advertising revenue. We just don't insert ads at the moment, but it doesn't mean that we will have no advertising revenue in the future, so there will be no problem with listing."
If an Internet company cannot explain your profit direction, it will not be able to go public.
Lin Zuhui said: "The next version will be the main membership functions and icq games, and icq games will also be a profit channel in the future, although currently they are developing casual games."
"Yes."
"Well, icq will be launched next year, and let's continue to make it more perfect this year!"
"Yes, boss"
At present, Lin Zuhui has not considered when to sell icq, and he does not even want to consider selling it without 10 billion US dollars.
But in Lin Zuhui's opinion, this price can definitely be achieved around 2004.
Why does Lin Zuhui have to sell? Because he is a businessman and sells when there is profit. The important thing is that he does not want to be too high-profile and control American social circles.
By then, an antitrust investigation by the U.S. government will be enough for him to drink.
When I go public next year, I hope to spread the pie and raise funds to develop and expand icq.
...
Back in Xiangjiang, Lin Zuhui held another high-level meeting of Times Shipping.
Looking at the faces of most foreigners, Lin Zuhui has already adapted. Foreigners have an advantage in the senior management of many of his group subsidiaries, such as Langham Hotel Group. Although Amazon Shopping Center is a subsidiary company, it is actually treated as a subsidiary.
, the president and other senior executives can report directly to the group and Lin Zuhui.
"How is the acquisition progress of South African Shipping Company Safmarine, the international container business of sea and land services?"
South African Shipping operates about 50 liners and a fleet of about 80,000 container ships with its consolidated shipping. It covers a total of ten industries and the price is about US$600 million;
Sea and land services include 70 ships, nearly 200,000 containers, and 16 terminals (partial equity or operating rights), offices and institutions around the world, with a price of about US$800 million;
The two acquisition prices were around US$1.4 billion, equivalent to an expenditure of more than 11 billion Hong Kong dollars.
Of course, once the acquisition is completed, Times Shipping will officially become a world-class shipping giant with business in Asia, Africa, Europe and the United States.
Times Shipping inherits its predecessor Xiangjiang Shipping. After years of development, its strength ranks first among the three major shipping companies in Xiangjiang, so it has a solid business foundation.
Morris said confidently: "It's ongoing. The progress is going very smoothly. It is expected that an agreement will be reached soon."
This chapter is not finished yet, please click on the next page to continue reading the exciting content! His confidence comes from the fact that the group has fully delegated power to him, the price is relatively loose, and there is room for negotiation.
Of course, Times Shipping also has a weakness, which is globalization and digitalization has just begun to develop. In fact, if it acquires these two shipping companies, I am afraid it will not be digested for a while.
Fortunately, South Africa's safmarine itself has acquired the brand rights, trademark rights, etc. and can operate independently.
The container business of sea and land services is itself the advantage of Times Shipping, so it is not difficult to accept it.
Lin Zuhui nodded and said: "Okay, I believe you can successfully complete the task, and I will give you the greatest support. But I want to emphasize that surpassing Maersk is our biggest goal, so everyone must work hard to globalize Times Shipping.
The numbers fully demonstrate that the group’s management must be world-leading.”
"Yes, boss!" everyone said excitedly.
Everyone understands that the core of Times Shipping is still this boss. After all, what is the most important thing in shipping?
It’s about stepping on the ‘cycle’!
If you cannot keep up with the ‘cycle’, not only will it be difficult to make money, but you will also easily go bankrupt!
In the 1990s, shipping stocks and bonds were feared by investors, which meant that the shipping industry was in recession throughout the 1990s. Now, the financial crisis in Asia has made shipping even more depressed.
The boss is strongly involved in shipping at this time. Based on the legendary experience of the world's richest man, they know that the boss is betting that the shipping cycle is coming soon.
In fact, Lin Zuhui is also planning to acquire South Africa's safmarine, sea and land service container business, etc. This does not need to consider the cycle, because the business in Europe and the United States does not have much impact (only a little); more importantly, it is mainly acquired
Business, that is, customers.
So don’t think about these things, just buy, buy, buy anyway.
Even if it actually matures, it can directly acquire the world's third-largest shipping company, Tiehang Zhahua. After all, this company was sold to Maersk in the previous life.
What he needs to consider is bargain-hunting ships. There are various types of ships, and container ships do not even account for a large proportion, such as natural gas ships, iron ore ships, oil tankers, etc.
In the first half of this year, Times Shipping took advantage of the depreciation of the Korean won and the Asian financial crisis to order 2.1 million tons of various ships in South Korea at a cost of about US$1.7 billion (delivered in US dollars, but the price of the ships fell by nearly 40% with the depreciation of the Korean won).
, and also spent US$100 million to purchase several second-hand ships (continuous purchase).
Once these ships are delivered, they must have business or be leased out, otherwise they will be wasted.
As far as Lin Zuhui knows, shipping prices have doubled several times from 2003 to 2008, which is very profitable, and shipping stocks are the favorite of investors.
The new ships ordered by Hyundai Shipping will be delivered one after another around 2001.
Of course, as long as you understand the shipping cycle, all planning is not a problem, and you can make several times more money than others.
For example, in the first ten months of 2008, users were encouraged to sign long-term contracts and lured with discounts. Don’t be fooled by too many people. This is how Hanjin Shipping went bankrupt in its previous life;
Another example is that before October 2008, some ships were sold at high prices, and major demand companies rushed to buy them.
Therefore, as long as we understand the cycle, Times Shipping can not only buy low-priced ships and buy a large number of cheap ships;
You can also make a lot of money during the peak shipping period;
You can also sell the vessel in advance or sign a large number of long-term lease contracts.
I made a lot of money!
Finally, Lin Zuhui said: "Times Shipping also needs to develop a core business, which is ship leasing services and aircraft leasing services. I hope you can complete the establishment as soon as possible. In short, you are all top business elites from all over the world. I don't want you to
With the support of a large amount of funds from the group, Times Shipping Group’s management system and operating efficiency are lower than those of Maersk and Mediterranean Shipping Company.”
These people were recruited with high salaries, and they were tempted by the investment scale of New Era Group, so they changed jobs one after another. Era Shipping's initial plan is to invest more than 10 billion US dollars within three years.
"Yes,boos"
Next, Lin Zuhui became the audience, and a group of senior executives began to discuss specific work.
In fact, Times Shipping makes money no matter what, relying solely on leasing services.
However, Lin Zuhui hopes that Times Shipping will be better than Maersk in its previous life and become a true world giant.
The other three major businesses: sea/air freight, port/tugboat, logistics/transportation
Among them, sea/air transport requires excellent management systems and company efficiency in order to attract customers; in this regard, Maersk has a great advantage, because many large companies in Europe and the United States are loyal customers of Maersk, such as IKEA, the furniture giant.
Wherever it goes, it brings Maersk. This is the case for many giant companies. Even if they enter the mainland, they bring their own shipping companies. Some importers even name a certain shipping company.
Mainland exporters can only provide services.
Therefore, the shipping/air transport business is the shortcomings of Times Shipping, so Lin Zuhui used acquisitions as a means to take down the original shipping company business; of course, he also likes these management to show results and attract more new employees.
Customers; finally, with Lin Zuhui’s signature, he can also attract many customers.
Ports/tugboats are not mentioned in this business. Stable profit making is also the core business of Hutchison Whampoa. In the previous life, Li Chaoren was a common person who bought and sold assets, but he did not sell the port because he said that it was Hutchison Whampoa's core asset.
Logistics/transportation is a business that has gradually become profitable after the turn of the millennium. In the previous life, after Maersk witnessed the collapse of many shipping companies, it immediately made efforts to develop logistics/transportation, especially logistics, which is much more stable than shipping.
Therefore, the four core businesses formulated by Lin Zuhui are equivalent to the core keys to "making money".
In a meeting with the senior executives of Times Shipping, Lin Zuhui not only gave a few outlines at the beginning, but also took notes and listened carefully afterwards, which impressed the senior executives even more. This boss is not a shipping layman, because the boss has been in the shipping industry for nearly ten years.
.
But others are very humble, and rarely express any other opinions except telling everyone the general direction; and once opinions are expressed, everyone clearly feels that the boss is very persuasive and professional.
After a meeting, all major executives traveled to various parts of the world to build the giant ship of Times Shipping.
Lin Zuhui only needs to pay attention to their progress. In addition, the group executives are also paying attention.
Generally speaking, the management of each subsidiary has great power, but they are governed by Lin Zuhui's outline.
Such a large group organization has more advantages than any large group in the world, at least it will not cause losses.
Real estate is like this, shipping is like this, they are all very cyclical;
The hotel industry itself is an industry with small profits but quick turnover, but it is more stable than before. It is rare to hear of big hotel groups going bankrupt;
As for commercial real estate management, as long as the debt is low, you will not lose money for ten lifetimes, and the lease is public;
Beverage and food are hugely profitable industries in the future, and brand is the long-term guarantee.
Overall, New Era Group is not only stable, but also experiencing great development.