Reborn Entrepreneurial Giant.
Chapter 264 Investing in Jinshan
Chapter 264 Investing in Jinshan
After June 6, Jumei started preparing to issue US dollar bonds, so it found a rating company and later obtained Baa-rated debt with medium credit risk.Under this standard, the interest rate for Jumei's five-year or ten-year corporate bonds is about 18%.
CICC helped Honor issue corporate bonds last time. It is said that the purchase units were all prefixed with the prefix "国", so it is conceivable that they received support. Jumei is a listed company and is not as important as Honor, so naturally it does not have this preferential treatment.
Interest rate of 5-6% is a rare opportunity for most private enterprises. Naturally, Qu Li will not refuse it arrogantly. He can borrow as much as he can. Jumei's development speed far exceeds the interest rate. .
Qu Li didn't need to worry about these things. He originally wanted to return to Xingsha and participate in the design of Qianfeiteng (Wuling Hongguang), but he didn't expect Lei Jun to go south and introduce the founder of Jinshan to him.
Qu Li is not a programmer, so he naturally cannot understand the greatness of Jinshan Qiu Bojun, but WPS can resist office and persevere for so many years. He and Lei Jun are really admirable.I have to leave this to Brother Ma, who will most likely give up. You must know that Penguin Company has hundreds of billions of net profits every year, but it still adheres to a principle and gives up unprofitable projects, such as the Linux version of QO, QO Audio and Video, etc.
Several people got together and talked about Jinshan's past. They worked hard and missed the first wave of the Internet market. Later, they sold the B2C e-commerce excellence to Amazon.
Later, many self-media boasted about the founder of eBay. If he didn’t sell the company to eBay, there would be no Ali Taobao. If he didn’t brag, he would die.It is better to say that if Lei Jun had not sold Excellence to Amazon, there would have been no rise of Goudong.
To say that Lei Jun and Qiu Bojun did not regret later is like some people wondering whether Richard regretted selling 20% of Penguin's shares. Needless to say, they definitely regretted it, but regret has a meaning. If you miss it, you will miss it.Even if Zhuo Zhuo is in Lei Jun's hands, is he still afraid?
Lei Jun and Qiu Bojun asked Qu Li about his views and opinions on Jinshan. It was hard to say. Without a deep understanding of this industry, who would know the hardships involved? Is WPS not easy to use? Why are so many people criticizing it?
"Do you really want to listen to me?" Qu Li didn't have any ideas, but he was definitely different from them.
"certainly……"
“I think Jinshan should insist on doing difficult but right things!”
"What is the difficult and right thing for Jinshan?" Lei Jun knew that Qu Li had said this many times.
"With reference to Microsoft, Linux plus WPS plus Chrome browser, in addition to corporate security and online games, the rest are miscellaneous..." Qu Li thought for a few minutes, gave his answer, and then explained it carefully.
To say that Qiu Bojun and Lei Jun have no ideals, they will definitely not accept it. How can they persist for more than ten years without ideals?But whether they can persist for more than ten years, neither of them is sure.
“First of all, we must see the development of the domestic economy. There should be no problem for China’s GDP to become the second in the world. After the subprime mortgage crisis, we may surpass the United States...
In this case, the rise of Zhongguo is a huge challenge to Midea. Should information security be taken seriously?Should Chinese enterprises, institutions and educational institutions purchase domestic operating systems and software? "Qu Li has grown from a big company to a small one. When it comes to industry trends, the rise of WPS is inevitable.
"I don't doubt that there will be such a day in Zhongguo, but who knows how long it will take for this day to come?" Qiu Bojun sighed.
"It shouldn't take ten years." Qu Li couldn't be sure.
"The market is changing so fast now. It's unclear whether Jinshan will survive for ten years."
"So Kingsoft wants to make money through enterprise security and games, and subsidize..."
"The Chrome browser you are talking about is..."
"Yahoo Chrome was developed by Lu Qi when he was at Yahoo. It's a pity that Yang Zhiyuan..." Qu Li caused trouble and made Google without Chrome. Maybe the energy will be more concentrated. I don't know if Pichai can do it without the credit of Chrome. Get rid of Andy Rubin.
Yahoo leads the development of Chrome, and the general direction is correct, but its influence is not as good as that of Google, so that even Lei Jun and others did not notice.
"There is a Chromium open source project behind the Chrome browser..." The browser is bound to the search engine and is the entrance to the Internet. It is very important, but it does not make money. Qu Liti does not really want them to develop the browser, it is just a The strategy makes them feel that the combination of Linux and WPS is not so difficult to accept.
"Then how to ensure Kingsoft's profitability? The uncertainty of the game is too high..."
"This is another problem. How to maintain a company's innovation capabilities is too difficult." Qu Li didn't want to waste his brain cells by talking too much.
"If Kingsoft really makes Linux and WPS, would you be willing to invest?" Qiu Bojun
"..." Qu Li was stunned, what did this mean? He looked at Qiu Bojun, was he laughing at himself, thinking that Qu Li was just talking and just wanted to make others great, but he didn't know that the road to greatness is often paved with bones. .
"Of course, if we really insist on doing Linux and WPS at the same time, it will prove that Kingsoft is not a mediocre company, and I am willing to contribute to this." Qu Li
"Then I formally invite you to invest in Jinshan..." Qiu Bojun stood up and said
"Okay..." Qu Li stood up and shook hands with him without hesitation.
The two reached a preliminary intention. Qiu Bojun mentioned his plan to retire. He and another major shareholder of Jinshan intended to transfer some shares.
Well, I see, Qu Li finally understood that maybe Lei Jun wanted to promote the cooperation between Riot Games and Kingsoft. Unexpectedly, Qiu Bojun wanted to quit, but he couldn't find a suitable successor, so he happened to meet the big man Qu Li. stupid guy.
Just buy it. Qu Li thinks this investment is not bad. However, Honor and Jumei do not approve of this acquisition internally. Their business relationship is too low and they are short of money. Now it is really not suitable.
"Acquisition in the name of Vision Investment?" Qu Li called Qiu Bojun
"Okay..." Of course Qiu Bojun knows the famous Vision Investment, which is the major shareholder of FB, Twitter, Weibo, Kaixin.com, and Riot Games.
"League of Legends" was handed over to Kingsoft to operate, and he didn't know whether it could regain its glory. Qu Li was not very relieved, so he contacted Zhou Tao, the person in charge of Kingsoft, to exchange their views and at the same time express his attitude towards this game. Very seriously.
"You also like to play games?" Zhou Tao is not optimistic about this layman.
"..." Qu Li really couldn't answer. Could it be that he liked to play in his previous life but rarely played in this life? How can he prove the excellence of "League of Legends"?
"Yes, I like games and animations."
Kingsoft Games has never been good, not in terms of game quality, but in terms of revenue. With Kingsoft’s popularity, its ranking in the domestic game market is too low. This shows that their team is not very good.
Although we want to introduce fresh blood and ideas to Kingsoft, the most important thing at the moment is to gain a foothold in the PC game field, operate "League of Legends" and "Jiangwang" well, and then develop web games and mobile games.
If we only get to this step, there will be no change and we can only continue cheating. Qu Li came up with the idea of "Fruit Ninja" and changed its name to "Fruit Swordsman".
After June 6, Jumei started preparing to issue US dollar bonds, so it found a rating company and later obtained Baa-rated debt with medium credit risk.Under this standard, the interest rate for Jumei's five-year or ten-year corporate bonds is about 18%.
CICC helped Honor issue corporate bonds last time. It is said that the purchase units were all prefixed with the prefix "国", so it is conceivable that they received support. Jumei is a listed company and is not as important as Honor, so naturally it does not have this preferential treatment.
Interest rate of 5-6% is a rare opportunity for most private enterprises. Naturally, Qu Li will not refuse it arrogantly. He can borrow as much as he can. Jumei's development speed far exceeds the interest rate. .
Qu Li didn't need to worry about these things. He originally wanted to return to Xingsha and participate in the design of Qianfeiteng (Wuling Hongguang), but he didn't expect Lei Jun to go south and introduce the founder of Jinshan to him.
Qu Li is not a programmer, so he naturally cannot understand the greatness of Jinshan Qiu Bojun, but WPS can resist office and persevere for so many years. He and Lei Jun are really admirable.I have to leave this to Brother Ma, who will most likely give up. You must know that Penguin Company has hundreds of billions of net profits every year, but it still adheres to a principle and gives up unprofitable projects, such as the Linux version of QO, QO Audio and Video, etc.
Several people got together and talked about Jinshan's past. They worked hard and missed the first wave of the Internet market. Later, they sold the B2C e-commerce excellence to Amazon.
Later, many self-media boasted about the founder of eBay. If he didn’t sell the company to eBay, there would be no Ali Taobao. If he didn’t brag, he would die.It is better to say that if Lei Jun had not sold Excellence to Amazon, there would have been no rise of Goudong.
To say that Lei Jun and Qiu Bojun did not regret later is like some people wondering whether Richard regretted selling 20% of Penguin's shares. Needless to say, they definitely regretted it, but regret has a meaning. If you miss it, you will miss it.Even if Zhuo Zhuo is in Lei Jun's hands, is he still afraid?
Lei Jun and Qiu Bojun asked Qu Li about his views and opinions on Jinshan. It was hard to say. Without a deep understanding of this industry, who would know the hardships involved? Is WPS not easy to use? Why are so many people criticizing it?
"Do you really want to listen to me?" Qu Li didn't have any ideas, but he was definitely different from them.
"certainly……"
“I think Jinshan should insist on doing difficult but right things!”
"What is the difficult and right thing for Jinshan?" Lei Jun knew that Qu Li had said this many times.
"With reference to Microsoft, Linux plus WPS plus Chrome browser, in addition to corporate security and online games, the rest are miscellaneous..." Qu Li thought for a few minutes, gave his answer, and then explained it carefully.
To say that Qiu Bojun and Lei Jun have no ideals, they will definitely not accept it. How can they persist for more than ten years without ideals?But whether they can persist for more than ten years, neither of them is sure.
“First of all, we must see the development of the domestic economy. There should be no problem for China’s GDP to become the second in the world. After the subprime mortgage crisis, we may surpass the United States...
In this case, the rise of Zhongguo is a huge challenge to Midea. Should information security be taken seriously?Should Chinese enterprises, institutions and educational institutions purchase domestic operating systems and software? "Qu Li has grown from a big company to a small one. When it comes to industry trends, the rise of WPS is inevitable.
"I don't doubt that there will be such a day in Zhongguo, but who knows how long it will take for this day to come?" Qiu Bojun sighed.
"It shouldn't take ten years." Qu Li couldn't be sure.
"The market is changing so fast now. It's unclear whether Jinshan will survive for ten years."
"So Kingsoft wants to make money through enterprise security and games, and subsidize..."
"The Chrome browser you are talking about is..."
"Yahoo Chrome was developed by Lu Qi when he was at Yahoo. It's a pity that Yang Zhiyuan..." Qu Li caused trouble and made Google without Chrome. Maybe the energy will be more concentrated. I don't know if Pichai can do it without the credit of Chrome. Get rid of Andy Rubin.
Yahoo leads the development of Chrome, and the general direction is correct, but its influence is not as good as that of Google, so that even Lei Jun and others did not notice.
"There is a Chromium open source project behind the Chrome browser..." The browser is bound to the search engine and is the entrance to the Internet. It is very important, but it does not make money. Qu Liti does not really want them to develop the browser, it is just a The strategy makes them feel that the combination of Linux and WPS is not so difficult to accept.
"Then how to ensure Kingsoft's profitability? The uncertainty of the game is too high..."
"This is another problem. How to maintain a company's innovation capabilities is too difficult." Qu Li didn't want to waste his brain cells by talking too much.
"If Kingsoft really makes Linux and WPS, would you be willing to invest?" Qiu Bojun
"..." Qu Li was stunned, what did this mean? He looked at Qiu Bojun, was he laughing at himself, thinking that Qu Li was just talking and just wanted to make others great, but he didn't know that the road to greatness is often paved with bones. .
"Of course, if we really insist on doing Linux and WPS at the same time, it will prove that Kingsoft is not a mediocre company, and I am willing to contribute to this." Qu Li
"Then I formally invite you to invest in Jinshan..." Qiu Bojun stood up and said
"Okay..." Qu Li stood up and shook hands with him without hesitation.
The two reached a preliminary intention. Qiu Bojun mentioned his plan to retire. He and another major shareholder of Jinshan intended to transfer some shares.
Well, I see, Qu Li finally understood that maybe Lei Jun wanted to promote the cooperation between Riot Games and Kingsoft. Unexpectedly, Qiu Bojun wanted to quit, but he couldn't find a suitable successor, so he happened to meet the big man Qu Li. stupid guy.
Just buy it. Qu Li thinks this investment is not bad. However, Honor and Jumei do not approve of this acquisition internally. Their business relationship is too low and they are short of money. Now it is really not suitable.
"Acquisition in the name of Vision Investment?" Qu Li called Qiu Bojun
"Okay..." Of course Qiu Bojun knows the famous Vision Investment, which is the major shareholder of FB, Twitter, Weibo, Kaixin.com, and Riot Games.
"League of Legends" was handed over to Kingsoft to operate, and he didn't know whether it could regain its glory. Qu Li was not very relieved, so he contacted Zhou Tao, the person in charge of Kingsoft, to exchange their views and at the same time express his attitude towards this game. Very seriously.
"You also like to play games?" Zhou Tao is not optimistic about this layman.
"..." Qu Li really couldn't answer. Could it be that he liked to play in his previous life but rarely played in this life? How can he prove the excellence of "League of Legends"?
"Yes, I like games and animations."
Kingsoft Games has never been good, not in terms of game quality, but in terms of revenue. With Kingsoft’s popularity, its ranking in the domestic game market is too low. This shows that their team is not very good.
Although we want to introduce fresh blood and ideas to Kingsoft, the most important thing at the moment is to gain a foothold in the PC game field, operate "League of Legends" and "Jiangwang" well, and then develop web games and mobile games.
If we only get to this step, there will be no change and we can only continue cheating. Qu Li came up with the idea of "Fruit Ninja" and changed its name to "Fruit Swordsman".
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