The next day, Lin Zuhui came to the New York headquarters of Matrix Partners.
Today, Jingwei Capital is as famous as Sequoia Capital and KPCB, a well-established company. Because it has bet on a large number of Internet companies, it has become a legend in the investment community in the United States.
In addition to betting on Internet companies such as Netscape, Yahoo, and Amazon, Matrix Partners also invested heavily in hardware equipment vendors such as Apple and Kingston, which also increased Matrix Partners' influence.
Jingwei Capital has invested in a total of 50 companies in the United States, and 12 of them have been listed, with outstanding results.
in:
The Netscape shares he holds have been converted into AOL shares and are currently worth nearly US$400 million. Lin plans to start selling AOL shares in the second half of next year, which can bring in at least US$500 million in profits.
He holds 10.8% of Yahoo's shares. Yahoo's current market value is almost 30 billion U.S. dollars. Lin Zuhui plans to apply to reduce his holdings in the second half of next year. It is expected that there will be no problem in cashing out 6 billion U.S. dollars. Although Yahoo's market value will be 100 billion by the end of next year, it will be even more at the beginning of the millennium.
128 billion, but it is impossible for him to cash out in such a short time.
As for the stocks of Amazon and Apple, he does not plan to cash out, even if he can sell them high and buy them low; after all, he is a director of the two companies, so selling is a bit troublesome, and the two companies have good prospects, so there is no need to reduce his holdings in the two companies.
The shareholding is relatively high, but it will be diluted later, and there is no need to consider the cash-out part. Even if part of the cash-out is realized, it will be around 2015, and it is better to control the shareholding to 5%.
Kingston is not listed. It just pays dividends every year. There is no need to consider listing. The debts for its acquisitions have been paid off.
All other listed Internet stocks will start to be cashed out next year, and it is expected that about 1 billion U.S. dollars of funds will be obtained.
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"Boss!" Lu Bingwen walked into Lin Zuhui's office respectfully.
At this time, Jingwei Capital laid off some U.S. investment managers, so Lu Bingwen was working in the United States, Mainland China, and Xiangjiang. Fortunately, venture capital investment in the United States has almost stopped, and Jingwei Capital mainly concentrated in Mainland China and Xiangjiang.
"Well, how is the progress between Prie and the search engine company?"
Lin Zuhui gave up investing in Netflix because Netflix's growth was slow after it went public. It was not until 2010 that the stock price really skyrocketed.
And he forgot about the excellent project Prie, so he immediately arranged for Lu Bingwen to come to the United States for negotiation.
Prie 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 will develop much better than Ctrip; after all, one is global in nature, and the other is limited to the mainland.
Lu Bingwen said: "Prie registered the patent for 'name your price' in the first half of this year. With its unique business model, Prie quickly received US$100 million in financing, and some of Prie's investors even
There are heavyweights like Microsoft co-founder Paul Allen. So, when I came to visit, Prie's founder Walker refused our investment and even suggested that if we really wanted to invest, they would only accept 15% of US$100 million.
financing.”
Lin Zuhui couldn't help laughing and said: "He is really arrogant! Ignore him, I want to see if Prie can be that valuable!"
How could he remember that after the Internet bubble, Prie's stock price fell so sharply that even Chairman Walker left the board of directors? In the end, Li Chaoren's Cheung Kong Holdings and Hutchison Whampoa invested in Prie.
In this case, let prie beg him to invest after the bubble crisis.
The reason is actually very simple. After the bubble crisis, these companies lacked funds, and the Internet itself did not have much profitability. By then, capital will be the boss, except of course 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. They are now working in a garage and have received 100,000 US dollars in venture capital and handed over 10
% equity.”
Lin Zuhui immediately said: "We also want to invest 10% of the equity. No matter how much it costs, you can go and negotiate in person!"
Lu Bingwen was shocked. He knew that his boss had a much better vision than those investment managers. Over the years since its establishment, Jingwei Capital has invested in nearly 50 companies in the United States. Excluding those named by the boss, the remaining investments cost nearly 300 million US dollars. Currently, they are almost
If we can barely recoup our capital, we may be able to make a substantial profit next year, but it will not exceed five times.
On the contrary, the investment designated by the boss has already doubled hundreds of times in just one Yahoo!
"No problem, boss, don't worry, Goole hasn't started yet after all, I will definitely get 10% of the investment!"
Lin Zuhui said uneasily: "Get it done as soon as possible, the cost doesn't matter, just improve the relationship! Let me tell you this, Netscape, Yahoo, and Google are the products of three eras. Yahoo will eventually lose to Google, and the search engine will definitely
Will defeat the portal."
Lu Bingwen was suddenly surprised, but he believed his boss's words because the boss had already invested in Netscape and Yahoo.
"Okay, I understand. I'll finish it as soon as possible and report back to you at any time!"
Lin Zuhui nodded. In fact, he was not sure whether Google's second round would be 10% for one million US dollars or 10% for 25 million US dollars.
In short, he remembered that Google only had about two rounds of financing, and then there would be no shortage of money!
Fortunately, they had just moved into the garage at this time, so there was no reason to reject a venture capital firm with little influence.
........
When Sharp, the founder of Four Seasons Hotels, held a board meeting and announced that Barings Bank was offering US$48 per share (41 million shares) to privatize Four Seasons Hotels, the board of directors immediately exploded.
Of course, this price is quite tempting. After all, it is only US$36.8 per share, which is a premium of over 30%. At the same time, Four Seasons Hotel still has 250 million in debt, and Barings Bank will also take over it.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! "This price is quite tempting. We all know that hotel companies have always been underestimated by the market, and the stock price has been low for a long time; therefore, since Barings Bank is interested in acquiring
, it is indeed a good target!" A director said first.
"I admit that Barings Bank is a good target, but 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, that makes sense!" For a while, many directors began to agree.
At this time, Sharp was also very happy that the Four Seasons Hotel was acquired by Barings Bank, because when Harold, Vice President of Barings Bank, talked to him, he made it clear that he would continue to support him in taking charge of the Four Seasons Hotel and retain 5% of the shares.
Of course Sharp wants to cash out and retire with more than 600 million US dollars. Wouldn't it be nice for him? Besides, the impact of his bankruptcy has always been in his mind, so he has no objection to selling shares.
Of course, he can't show it yet, because Four Seasons Hotel has two super-rich shareholders.
Also present at the board of directors at this time were Waleed and Bill Gates' personal financial representative.
"Prince Walid, what do you think?"
Walid was a little embarrassed. He had a good relationship with Lin Zuhui, but he was reluctant to invest in the Four Seasons Hotel, and he knew that Bill Gates also liked the Four Seasons Hotel. But now, he could see that Sharp was already moved.
"If everyone agrees with privatization, I have no objection! But I will choose to retain my shares."
A kind of shareholder looked at Walid, because this person said 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 very happy, because this was what he expected. His idea was very simple. It would be best for Bill Gates, Lin Zuhui, and Walid to privatize the Four Seasons Hotel alone or in a group.
, this way the price can be higher. Moreover, his operating rights are still there.
........
Microsoft.
When Bill Gates heard that Barings Bank was privatizing the Four Seasons Hotel, his expression immediately changed.
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 to be privatized, then he hopes it will be himself.
"What do other shareholders say?" Bill Gates asked his personal finance manager.
"Everyone is very keen to take advantage of the high price, that is, they agree with privatization. This includes Mr. Sharp. After all, Barings Bank may have reached some agreements with him, such as retaining his management rights and part of his equity."
Bill Gates immediately said: "Can I immediately come up with funds to participate in the privatization of Four Seasons Hotel?"
Chuck said: "Of course it's not a problem, but you have to sell Microsoft's stocks, or mortgage the stocks. Since Microsoft's stocks are still rising crazily, it's not cost-effective to sell them now, so you can give priority to loans. I believe many banks are very keen to get the richest man."
Sir, please take a loan."
Bill Gates breathed a sigh of relief after hearing the joke about private finance. He is worth 50 billion U.S. dollars, why not fight for something he likes?
.......
New York, Langham Hotel.
Lin Zuhui and Walid met at their hotel.
The two met when they were investing in Citibank and have maintained a good friendship ever since. Both he and Walid often come to the United States to look for opportunities, so they get together occasionally.
"Lin, I have been far behind you in terms of investment!" Walid said with a smile.
Lin Zuhui said modestly: "You are also very powerful. I have invested a lot of money, but the return is not good!"
"Apple? Then you don't have to worry. With the return of Mr. Jobs, Apple has achieved very good results. Your book profits are already considerable, right?"
"Haha, Mr. Jobs is indeed the best CEO of Apple."
At this time, Walid was a little envious. He actually wanted to invest in Apple, but Lin Zuhui beat him to it. Of course, he didn't particularly value Apple. He had better choices.
The two chatted for a while, and Walid said: "Lin, your Bahrain Bank wants to privatize the Four Seasons Hotel?"
Lin Zuhui nodded and said, "That's true! I know that you are an important shareholder of Four Seasons Hotel. Although I didn't communicate with you in advance, I always thought 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 smiled and said: "People on Wall Street say this. In fact, your wealth has been 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 your creation icq, are technology companies."
"That's far from Microsoft. Microsoft's market value should still increase significantly in this wave (currently 235 billion U.S. dollars). I wouldn't be surprised if Bill Gates is worth 80 billion U.S. dollars next year."
"Indeed, Bill Gates's net worth has grown too fast! Therefore, if you acquire the Four Seasons Hotel this time, you may encounter a strong opponent."
There was no surprise on Lin Zuhui's face, but he asked generously: "So, what about you, are you planning to join forces with that friend?"
He knew that Walid was also friends with Bill Gates and Buffett, so he asked this question.
Walid smiled and said: "I hope to convince you two that we can cooperate, but if it is not possible, I will only retain my own shares and join whichever side you win."
Lin Zuhui was silent. He did not dare to take a peek at the world's richest man. Bill Gates holds 27% of Microsoft's shares, and there is absolutely no problem for Microsoft to exceed the market value of 250 billion this year. A technology tycoon with a net worth of about 60 billion US dollars, where
Will give in easily.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! However, because Lin Zuhui invested in many stocks of Bill Gates's competitor companies and refused Microsoft's acquisition of iqc, plus the two people's friendship was just a casual acquaintance,
So I'm really unfamiliar with it.
"Then let's see how things develop next!" Lin Zuhui said with a smile.
"Okay, I hope everyone can handle this matter well!"
Next, the two chatted. Lin Zuhui naturally wanted to show off the Boeing 747 private jet he was about to deliver. Walid was also very interested in this and had the idea of a bigger private jet in his mind.
In fact, Walid also owns a superyacht, which is bigger than the two in Lin Zuhui's home. He has played on it before and has always been thinking about a 100-meter super modern yacht.
Therefore, he has asked his family to go to Germany to investigate and see if he can build a luxurious superyacht that can accommodate a hundred people and can take off helicopters.
.......
Apple Inc.
Lin Zuhui came to Jobs's office and made him a suggestion.
"Jobs, what do you think of the MP3 product?"
Jobs thought for a while and said: "Of course I pay more attention to Apple's computer business than MP3. Lin, do you think this product has a good future? I remember that MP3 was invented by Xiangjiang Xiaomi Technology, and you are from this company.
Be the major shareholder!"
Lin Zuhui smiled and said: "That's right! I suggest you pay attention to MP3. Think about it, how many units of Sony's Walkman have been sold? And now that we have entered the Internet era, a product that is smaller and more convenient than the Walkman, Apple
Why doesn’t the company take it seriously?”
Jobs became serious. In his opinion, Lin Zuhui definitely understood technology, otherwise he would not have invested in so many American technology companies.
Next, the two of them discussed it seriously!
Lin Zuhui even described the appearance design, specific functions and effects of Apple’s iPod in his previous life!
"If computers were not popular in Asia and the Internet speed was too busy, I think Xiaomi Technology could develop such a good product! Such a product is good news for people who like music. The important thing is that Apple can also connect
The 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 that he is the major shareholder of Apple, he will be able to make money no matter how many Apple phones the Chinese buy in the future.