Reborn as a tycoon in Hong Kong
Chapter 674 Deciding on Investment in TV Network (Part 1)
Lin Baicheng arrived in Silicon Valley on Monday and left Silicon Valley at noon on Wednesday for New York.
Lin Baicheng took a car from Silicon Valley to San Francisco, and then took a private plane from the San Francisco Airport to New York, which took a total of more than six hours.
However, because the time in San Francisco is about 3 hours ahead of New York, he arrived in New York in the evening.
After leaving the airport, Lin Baicheng got into the extended Lincoln and headed to his apartment in Manhattan. Now here in the United States, he has more than one stretch Lincoln that is bulletproof and explosion-proof, and he has purchased two more with tax credits.
The person who came to pick up Lin Baicheng was Gil Kervis, one of the assistants in the Secretariat.
The car was driving toward the Fifth Avenue apartment.
Lin Baicheng said to Gil Kevis: "Gil, you need to be more careful in preparing dinner tonight."
A few days later, Phil Smith and others gave Lin Baicheng an answer on whether to cooperate with Lin Baicheng to invest in the establishment of a TV network. Lin Baicheng invited them to have dinner at the Fifth Avenue apartment tonight, and then everyone would elaborate. Have a chat.
Lin Baicheng is a busy man and the initiator of the project, so everyone took care of his time and came to New York specifically to meet with him.
Gil Kevis immediately replied: "The chef team has arrived at the apartment, and the ingredients are of the highest quality and freshest. Tonight's dinner will definitely not be messed up."
"That's good."
Lin Baicheng nodded slightly. Screwing up the dinner would not affect their cooperation, but he would be embarrassed. With his current wealth and status, he would rather lose money than lose face. His face is very valuable.
“What about the acquisition proposals sent by Goldman Sachs and Citigroup?”
A few days later, Goldman Sachs and Citigroup made relevant plans this morning. Since they were coming to New York, Lin Baicheng asked them to send the plans here.
"It's right here, I always have it with me."
As Gil Kvis spoke, he took out two documents from his briefcase.
"Don't rush to see it yet."
Lin Baicheng pointed to Catherine sitting next to her and said, "Leave it to Catherine first. I will find time to read it in the evening."
"Here, Catherine."
Jill Crovis handed the document to Catherine.
Catherine also had a briefcase with her, so she put the two documents in the briefcase.
This time something went wrong with the acquisition of Sun Electronic Communications Company, it was actually a good thing for Gil Kvis and several other assistants, at least not a bad thing.
This acquisition was originally in charge of Bill Harveys. Bill Harveys himself made the big boss dissatisfied due to progress issues. Now the acquisition has changed again, although this change has nothing to do with Bill Harveys. But Big Boss only cares about results, so Bill Harveys must have lost points with Big Boss again this time.
Because of the acquisition this time, even if the big boss will not fire or demote Bill Harveys, he will definitely lose points. He will probably be considered insufficient by the big boss. Assistants such as Gil Kvis The opportunities are greatly increased.
At almost six o'clock, Lin Baicheng came to the apartment.
This time is not too late, because the time we agreed to have dinner together is seven o'clock in the evening, which is still a little more than an hour away.
Lin Baicheng went to take a bath, and when he finished, he found that Maori Haruko had come over.
The distance between Wall Street and Fifth Avenue is not that far. Haruko Mouri comes from Wall Street very quickly after get off work and it doesn't take long.
Lin Baicheng kept some clothes of Haruko Maori and the jewelry Lin Baicheng bought for her, so Haruko Maori changed her clothes here, from work clothes to gorgeous clothes, and her image changed drastically.
As the time gradually approached seven o'clock in the evening, people began to come slowly. Lin Baicheng took Maori Haruko to greet them.
"Thank you for your compliments. Please take a seat."
After everyone arrived, Lin Baicheng asked them to sit down.
The people who came this time were Phil Smith and Anna Nord, Claure Rockefeller, Logan Rockefeller, Abigail Johnson and Barry Diller, a total of six people.
In addition to the six of them, the only ones dining were Lin Baicheng and Maori Haruko, assistant and personal secretary. It was obviously not suitable for them to appear at this time.
Lin Baicheng and others sat down, and Catherine asked the servants to push the dining car in and place the dinners in front of everyone.
The difference between Western food and Chinese food is that in Chinese food, everyone eats many dishes together, while in Western food, one person has one portion, and everyone eats his or her own meal.
"I hope everyone will be satisfied with tonight's dinner!"
Red wine was poured into everyone's glasses, and Lin Baicheng raised his glass to signal.
"Cheers!"
Everyone raised their glasses together.
No one drank it all in one gulp. This is not the case in China. Drinking is about deep feelings. It is just a sip. And good red wine should be savored carefully, not just drank casually like a drink.
Tonight's main course is steak, made from ultra-black Wagyu beef, of excellent quality, the best grade of beef graded by the Department of Agriculture here in the United States.
The so-called ultra-black Wagyu is actually a cross between Japanese Wagyu and native American Angus cattle, and it is a very successful cross.
The quality of the ultra-black Wagyu beef itself is excellent, and coupled with the superb skills of the chef, it can be said that tasting this level of cuisine is a pleasure.
This meal costs a lot for one person, but it is expensive for a reason. For wealthy people like Lin Baicheng, it is worth the price.
During the meal, everyone did not talk about serious business, but chatted about other things. As for "eating without talking or sleeping without talking", this concept does not exist in the West, and even the East has gradually lost this tradition.
While chatting, Claude Rockefeller said: "Alan, I heard that New Century Software Company is considering whether to go public?"
"Goldman Sachs, Citigroup and some other shareholders have this idea."
When Lin Baicheng heard this, he was not surprised that Claure knew the news and nodded slightly.
"Alan, if New Century Software is going to be listed, I will be asked to subscribe for some shares."
Although he was not sure whether there would be a large amount of money chasing New Century Software's stock subscription during its IPO road show, Claure decided to subscribe for some. He believed that this company had the big boss Lin Baicheng and Goldman Sachs and Citigroup as shareholders. The possibility of a break after listing is extremely low.
Therefore, if New Century Software Company subscribes for some shares when it goes public and sells them after it goes public, you will definitely make some money.
"Of course it's no problem, it's not too late for me to welcome you."
Lin Baicheng agreed with a smile, looked at the others and said: "Logan, Barry and Miss Johnson, if you have spare money, you are welcome to subscribe." Phil Smith didn't mention it. The other party is already a shareholder of New Century Software Company. .
"Thank you, Alan!"
Regardless of whether he would subscribe for shares of New Century Software or not, Abigail expressed his gratitude in advance.
Logan Rockefeller and Barry Diller both toasted.
Smith said: "Alan, listen to what you are saying, have you decided to put New Century Software on the market?"
"Yes, I have decided that it is not a bad thing to go public early."
Lin Baicheng did not hide anything. This kind of thing cannot be hidden at all, especially from shareholders like Smith.
Claure congratulated aloud: "Congratulations to you Allen, another company has been listed on the market."
"Congratulations, Allen!" "Congratulations!"
Others also expressed their congratulations. The company's listing has greatly increased its valuation, and the shares in hand can be cashed out after the sales restriction expires. This is a good thing for a company owner. His net worth has increased so much that they naturally want to congratulate Lin Baicheng. .
"Thanks!"
Lin Baicheng raised his glass in greeting and took a sip.
"Smith, congratulations to you too, you will make a fortune soon by investing in New Century Software."
As an insider, Logan congratulated Smith. Fortunately, the Apple company he invested in was also preparing to go public, so he was not envious.
As for the question of whether Apple can develop as a competitor with IBM, Rogan is not worried at all. Anyway, he can reduce his holdings and cash out after the sales limit expires. As long as Apple has no problems during this period, it will good.
Of course, without IBM as a competitor, Apple's valuation will definitely be higher when it goes public, and its stock price is more likely to rise sharply, so it is impossible to say that it is not regretful.
"I am only a small shareholder holding 2% of the shares. If it is diluted when it goes public, the shareholding ratio will be even smaller."
Smith shook his head. Even if New Century Software had a market capitalization of one to two billion US dollars when it went public, a 2% stake would only cost between 20 and 40 million US dollars. After deducting the principal and time costs, the profit was actually not that great. many.
Of course, it's not dissatisfied. After all, Smith only spent 11 million US dollars, and the profit was almost two or three times less than two years, which is not low.
"2% is not a lot. After listing Smith, you can at least make a profit of more than 10 million."
Claure calculated secretly, it was the year 1980, and tens of millions of dollars was definitely not a small sum.
Barry Diller didn't know what to say. He didn't have a net worth of tens of millions of dollars. Most of the tens of millions of dollars he invested this time were other people's funds and bank loans. If his investment could He would be satisfied if his profits doubled within two years.
In the long run, of course, Barry Diller will not be satisfied with doubling profits, but if he can double profits within two years, it means that the company is developing reasonably well. It not only survives, but also creates profits.
Only if the husband survives can we talk about the future.
Time passed slowly while everyone was eating and chatting.
After the meal, the table was replaced by desserts and drinks, including red wine, and it was time to get down to business.
Lin Baicheng was the initiator, so he said: "Everyone, let's talk about business. When we contacted each other a few days ago, everyone expressed their willingness to invest in cooperation with me. Now let me ask again, have your thoughts changed? If there are changes, it’s too late to say it now, but it would be meaningless to say it after today.”
Smith was the first to speak out: "Alan, Anna and I have no problem."
"Me too."
Claure followed.
"me too."
Logan and Abigail spoke almost at the same time.
Barry Diller said: "I still contribute 10% of the shares."
"Okay, now let's talk about the proportion of shares you each want to hold."
Lin Baicheng was very happy to see this. With these people as partners, the establishment of the TV network would definitely have fewer constraints. Of course, their cooperation does not mean that the establishment of the TV network will be successful. Whether it can be successful depends on Barry Diller's ability.
"Please go ahead."
Claure looked at the others. The main reason for his humility was that he wanted to get more than 5% of the shares, so he wanted to see if anyone didn't want to invest $5 million, and then he would give a little more and take more shares.
"Anna and I decided to invest US$8 million, and the two of us together will get 8% of the shares."
Smith said aloud that he had no intention of competing for control of the TV network. The couple's family's main business was not this, and they would not devote too many resources to it, so there was no need to participate in the 10% share.
Abigail said nothing.
Upon seeing this, Logan said: "I will invest 5 million U.S. dollars." In fact, he originally only wanted to invest 2 million U.S. dollars because he did not have that much money, but after learning about it, Claure asked him to help occupy an additional 3% share. No rejection.
Although Claure and Rogen are both members of the Rockefeller family, they have actually separated for a long time. Rogen's family does not receive much dividends from the Rockefeller Family Fund every year, and they do not have many rights, so the two Although the relationship between the families is still close, it is definitely not so close that they do not divide their property.
What's more, this is the United States, and the property must be clearly divided even between biological father and son, let alone just relatives from the same ancestor.
Claure immediately said: "Allen, I am willing to invest 7 million US dollars to make up for what Smith and the others lack."
"If I could, I'd also like to invest $7 million."
Abigail followed closely behind. In fact, because she was just twenty years old, even the Johnson family only gave her two million dollars to practice. She did not have that much money to invest. She went home to spend the weekend with her father. After talking about this, it was her father's decision to participate in the investment and let her see if she could hold more shares.
If a television network could be established, neither the Rockefeller family nor the Johnson family would mind controlling a television network. Everyone can see the influence of the media.
The reason why I didn’t start a media business is because if I did it myself, the investment would be huge. Moreover, each family has its own basic market, and everyone usually has a tacit understanding not to enter other people’s basic market and compete with other capital.
But investments like this initiated by Lin Baicheng are different. They are just shareholders. The competition between the TV network and other companies cannot be blamed on their family. It can only be said that they were able to gain control in the end.
Of course they don't want to give up the good thing of being able to control the TV network without provoking enemies.
Although it is just a hope at the moment, their investment is not large, and most of it comes from Lin Baicheng. Success is of course a great joy, and the loss of failure is also within their tolerance.
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