ICQ was finally successfully listed on Nasdaq with a valuation of US$4 billion. It sold 25% of its public shares and raised US$1 billion in cash. On the first day after listing, the market value climbed to US$5.28 billion, which was very hot.
The reason why it is so popular is that ICQ has grown extremely large in the hands of Netflix Software, and has become a dominant player in the instant messaging software market in many countries.
As for the instant messaging software MSN and IM developed by Microsoft and AOL, they cannot be compared with ICQ at all.
Through this incident, Lin Zuhui understood that if he started an Internet company, he would be ahead of similar products in almost many fields; of course, he preferred to be an investor and then guide the country.
The reason why ICQ was developed was because it was originally planned to be sold for hundreds of millions of dollars; later, considering the development of the Internet industry in Hong Kong, it was kept in hand for development.
In fact, after ICQ developed in the United States, it immediately replaced a team of professional managers. Lin Zuhui only gave some "very useful suggestions" behind the scenes.
California.
When Lin Zuhui came to the ICQ headquarters, he did not attend the bell-ringing ceremony for ICQ's listing. Even Liu Songcheng, the president of Netflix Software, did not attend. ICQ's listing was conducted by a team of professional managers, the George team.
Of course, Netflix Software is still in control of the ICQ board of directors, after all, it holds 75% of the shares.
The reason why ICQ has raised so much capital (1 billion U.S. dollars) and can still maintain 75% of its equity is that Netflix Software has been using its own cash to develop ICQ in the early stage. This is very different from some start-up Internet companies. On the contrary, it is similar to
Early Internet giants such as Microsoft and AOL were similar.
In the office, Lin Zuhui, Liu Songcheng, and George were having a meeting. Lin Zuhui would not convene the board of directors, because although George was in charge of ICQ, he also understood that Lin Zuhui could remove his team at any time through the board of directors.
After all, the previous ICQ president was replaced by Lin Zuhui due to lack of international vision.
Since these professional managers are obedient, Lin Zuhui naturally does not need to convene a board meeting because he intends to dilute the influence of Netflix software and himself on ICQ.
George said happily: "ICQ's stock price is very optimistic among investors. The market value has risen to 7 billion US dollars in one week. It seems that it is not impossible to exceed 10 billion US dollars by the end of the year."
He admires Lin Zuhui very much because this boss is crucial to the development of ICQ. He is involved in many functions and layouts. Today, ICQ has become an indispensable software for work, social networking, and entertainment, with more than 70 million users around the world.
, which proves its unlimited status in the future.
At work: Free email, offline message and file transfer, ICQ group and other functions make ICQ an important office software.
Social: personalized avatars, fonts, emoticons, chat rooms, adding friends offline, etc., have become indispensable software for online social networking.
Entertainment: ICQ level system, membership system, ICQ games (Lianzhong chess and card games) have also become signature features for new users.
In fact, ICQ is already equivalent to the level three years from now.
In the past life, it wasn’t that Europeans and Americans didn’t like to use QQ and Weixin, but that they didn’t fix the habits of these Westerners at the beginning. Xiao Ma’s level was definitely top-notch in the world, otherwise he wouldn’t have become the dominant player in China. Even Max later
They all say they want to plagiarize prestige.
The reason why QQ and Weixin cannot go outside the country is because they are plagiarists. Europe and the United States have become accustomed to the previous software, so it is naturally difficult for them to accept new software. Of course, differentiated culture also has some influence, and the times also have a big impact.
Impact.
In this generation, ICQ itself is one or two years ahead of Microsoft MSN and AOL IM, and its layout and functions have been adapted to the habits and preferences of Westerners, so it can naturally overwhelm other instant messengers. Especially when "members"
When "system", "ICQ game", "server terminal", etc. appeared, it quickly widened the gap between everyone.
Lin Zuhui is very cool
He said firmly: "The funds raised by ICQ's listing cannot be used for acquisitions, but can only be used for company operations and technology development."
George was stunned for a moment, and then said: "ICQ can actually use stocks to make acquisitions, if it can make the company develop faster!"
Lin Zuhui said seriously: "Now the Internet valuation in the United States has created a big bubble, just like the Japanese real estate and stock market in the 1990s; therefore, the US$1 billion on the company's account may be our operating expenses in the next two to three years."
As for the stock acquisition you mentioned, there is actually no area worthy of our action. It is better to target the development of ICQ users. For example, our ICQ game must aspire to become the largest Lianzhong game hall in the United States and use ICQ games to reverse traffic.
ICQ can also attract more middle-aged people to register for ICQ and diversify the age of ICE users."
Acquisition is the favorite company of American Internet listed companies. Through mergers and acquisitions, they can quickly grow in size.
【In view of the general environment,
But ICQ doesn't need it. It just needs more people to register and the company will grow with the growth of users.
George immediately said: "What BOSS said is very reasonable. Instead of blindly expanding, it is better to maintain our instant messaging monopoly stably."
At this time, ICQ already has many functions, and Lin Zuhui will hardly contribute any more opinions; of course, in another two years, he may be able to set up a Twitter (blog) subsidiary.
........
The next day, Lin Zuhui came to Hengjin Investment headquarters in New York.
The old retainer "Old George" came in carrying a suitcase, accompanied by Vice President Wu Guoming, who was also an old retainer. George placed the suitcase on Lin Zuhui's desk and opened it. Inside was a stack of information.
This chapter is not over yet, please click on the next page to continue reading! "Boss, all the detailed investment information of Hengjin Investment is here. Normally, these information are distributed in three headquarters around the world. Only President Wu and I know the whole situation.
, the rest of the investment managers only know what they are responsible for.”
Lin Zuhui nodded, then motioned for the two of them to sit down while he took out the information and quickly reviewed it.
In fact, he has always kept the situation of Hengjin's investment in his mind. Because he has a very good memory, he can clearly remember some scattered channels.
George and Wu Guoming were waiting quietly on the sofa. In fact, they were still shocked and admired. Even though they had always known the specific situation of Hengjin Investment, they still had that mentality today because the boss's investment was so superb.
, if Buffett is the stock god, then the boss is Zeus.
While Lin Zuhui was reading, he wrote down rough notes with his pen on the paper, and would make arrangements for cashing out later.
Holding 2% of Microsoft shares (diluted during the period and increased after dividends), the current market value is more than 400 billion US dollars, and it is expected to be more than 600 billion US dollars by the end of the year. Lin Zuhui plans to cash out in nine months, and is expected to withdraw 11 billion US dollars of funds;
It holds 2% of Cisco's shares. The current market value is about 300 billion U.S. dollars. It is expected to be 500 billion U.S. dollars in March next year, and it is expected to cash out about 8 billion U.S. dollars.
It holds 2% of Oracle's shares, and its current market value is 135 billion. It is expected to be 200 billion US dollars before the bubble crisis, and it can cash out 3 billion US dollars.
It holds 2% of Intel's shares, and its current market value is more than 320 billion. It is expected to be 450 billion U.S. dollars before the bubble crisis, and it can cash out 8 billion U.S. dollars.
It holds 2% of shares in Dell Computer, with a current market value of 120 billion. It is expected to be 150 billion US dollars before the bubble crisis, and can cash out 2.5 billion US dollars.
Holding shares in IBM, Harley-Davidson Motorcycles, etc., these stocks have increased more than ten times;
Companies like Intel, Oracle, Cisco, Dell Computer, Microsoft, etc. have all increased by dozens of times.
As each account was written down on paper, Lin Zuhui began to feel excited. There were really many money grabbers.
A rough estimate is that about 42 billion U.S. dollars, or about 320 billion Hong Kong dollars, can be cashed out. This is only invested by Hengjin. There are also Jingwei Capital and New Era Group behind it. As for the investment in family offices, I will not do T this time, leaving
Made T in 2008.
a long time
Lin Zuhui said: "The projects invested by Hengjin only retain Starbucks and Nike (bought another 3%), and all other holdings will be cashed out in nine months. Remember, you must use these cashed-out funds.
About an average of every day, and then cash out. In terms of funds, 50% goes to Hong Kong, 25% goes to Switzerland, and 25% stays in the United States."
George and Wu Guoming nodded seriously. They knew the boss was worried. After all, making so much money from the United States, even if it was legal, would inevitably lead to jealousy. In addition, the boss needed to hide his wealth, so he had to pay special attention.
In their opinion, there is no problem in cashing out 30 to 40 billion US dollars in nine months; on average, they can cash out about 4 billion US dollars every month.
The market capitalization of the U.S. stock market is currently around US$12 trillion, and it is not impossible that it will rise to US$15 trillion this year. Therefore, cashing out about 0.3% of the stock market in nine months will not have much impact.
The key factor here is the boss's strategizing and sense of the general trend.
After all, the Internet has grown so much in the past few years, and 99% of people have probably stopped early after making a little money, or they will rush in desperately when others in front of them make money.
"Don't worry, Boss, we will definitely complete the mission." George said confidently.
We have been working together for ten years and have built a lot of trust.
To be honest, Europeans and Americans are more suitable to be housekeepers and retainers. Instead, they know how to "serve one master for life", provided that the remuneration is high enough. Undoubtedly, George's annual salary is as high as 5 million US dollars, plus various subsidies and benefits. With his
Financial ability and level are equivalent to salary levels of 1 to 2 million on Wall Street.
But what Lin Zuhui needs is loyalty, followed by ability. And this loyalty means high benefits and long-term relationships.
In fact, Lin Zuhui also discovered one thing. After his management team followed him, almost no one changed jobs. He was wondering, could his charm not only attract women, but also attract men?
Unknown to everyone, people and media everywhere said that Lin Zuhui had great charisma, so he believed it to be true.
After the two left, Lin Zuhui was obviously thinking.
Hengjin Investment actually has a scale of 400 billion, because it also injected 9 billion US dollars into Barings Bank to establish two special investment funds, plus investments from Nike, Starbucks, etc., the total here is almost 80 billion Hong Kong dollars; plus nine months
The 320 billion expected to be cashed out is exactly around HK$400 billion.
No, there was also the initial attack on international speculators, which cost 20 billion Hong Kong dollars to buy blue-chip stocks in Hong Kong. Now it has become more than 30 billion.
It seems that Lin Zuhui has become a little numb to his wealth!
........
Two days later, he came to the U.S. headquarters of Matrix Partners.
There are only two people in the office, Lin Zuhui and Lu Bingwen. Although there are many American senior executives at Matrix Partners, they are not the core. They are only responsible for investment and other affairs and do not control core information and power.
"In the United States, except for Apple, Amazon, Kingston (unlisted), and Google, these four companies will not consider cashing out. All other investments, except for unlisted ones, must be cashed out," Lin Zuhui said.
Why don't Apple and Amazon cash out? It's because Lin Zuhui is their director and they don't want to be in too much trouble;
If Apple can rise to 15 billion U.S. dollars, Lin Zuhui will reduce part of his holdings, and then let his woman buy about 2% (added up), while he will maintain it at 5%.
This chapter is not over yet, please click on the next page to continue reading! Amazon Internet will definitely be heavily diluted in the future. Lin Zuhui simply does not consider reducing his holdings and will maintain it at 5~6% in the future.
The shares held by Matrix Partners among these four companies are worth about US$8 billion (rough estimate).
Lu Bingwen said: "Our current stake in Yahoo is our largest asset, worth about more than 6 billion, and Yahoo is still rising sharply. It is very likely to exceed 100 billion this year. If we want to cash out, we must make an announcement."
Lin Zuhui said: "Give you nine months, you can cash out YA in batches
HOO, minimize the impact."
After all, he has invested more than 20 billion US dollars in the United States (Hilton, Four Seasons Hotel, Ritz-Carlton, and venture capital companies), and cashing out 10 billion US dollars is not a big deal.
The impact is minimal because it is considered not to affect Yahoo’s stock price too much. After all, Matrix Partners currently holds 10.1% of Yahoo’s shares.
Lu Bingwen nodded seriously and said, "No problem, we have plenty of time! Then the shareholding reductions of other listed Internet companies were also completed within 9 months?"
"Yes, it is nine months, and the impact must be minimized."
"No problem, boss!"
Lin Zuhui calculated:
YAHOO can cash out 9 billion U.S. dollars, AOL can cash out 1 billion U.S. dollars (from Netscape's conversion of AOL stock), and some listed Internet companies invested by investment managers are also expected to get more than 2 billion U.S. dollars.
Equivalently, Matrix Partners will cash out more than US$12 billion before the bubble, which is close to HK$100 billion.
Including the capital that is not cashed out, the market value at the end of the year will be more than 180 billion Hong Kong dollars.
Hengjin Investment and Matrix Partners have total assets of more than HK$600 billion.
Thinking of this, Lin Zuhui's heart was already burning.
The funds of family offices are also more than 200 billion Hong Kong dollars. With only three personal investment companies, Lin Zuhui's net worth is already 800 billion Hong Kong dollars.
In fact, the women of the Lin family almost have a combined wealth of nearly 100 billion; Wang Lingyin's Hengjin Real Estate has a property asset value of 60 to 70 billion Hong Kong dollars.
In other words, the media has completely underestimated Lin Zuhui’s wealth of nearly one trillion Hong Kong dollars.