Speaking of the companies that Xiao Qi plans to acquire and establish in the United States, we have to talk about the status of several American Internet companies currently in his hands.
The first is the private property Xiao Qi gave to Yu Shanshan - linkedin.
After the entire acquisition was completed in September 2007, LinkedIn became the main asset of the "Yu Fund" in a substantial sense, accounting for 90% of the shares, which also ensured that Yu Shanshan's power in it was maximized.
Now the president of LinkedIn is Xiao Qi’s old friend Hoffman, and the CEO is another founder Werner.
Hoffman basically doesn't care about operations, and CEO Werner was also the main driving force behind LinkedIn's market value exceeding 25 billion US dollars in his previous life.
Yu Shanshan did not understand the management of LinkedIn, but with Xiao Qi here, with Hoffman and Werner cooperating and sharing power, and with global accounting firms and law firms responsible for supervision, of course no one could do anything about it.
When purchasing LinkedIn, Xiao Qi promised that he would invest no less than 300 million U.S. dollars every year and would not dilute the 5% shares held by the two founders Hoffman and Werner. This funding and commitment were completely
Werner was relieved and began to develop LinkedIn in earnest.
Different from the unrestricted nature of other social networking sites, LinkedIn has been targeting the professional social networking market from the beginning, allowing people in the workplace to join, speak freely, engage in various interactions, and seek various development opportunities for themselves.
In addition to a platform for people to communicate with each other in the workplace, LinkedIn's main business is to provide services to enterprises and provide various solutions. The most important of which is naturally headhunting and recruitment.
To put it bluntly, it is China’s 51job and Zhaopin.com, and LinkedIn’s approach is more direct, boundaryless, and more professional, thus having more development potential than them.
In fact, now in the United States, with the injection of large sums of money from Xiao Qi, LinkedIn has already defeated R, the largest and earliest recruitment website in the United States, and seized 80% of its high-end customers, directly increasing the market value of R in the past year.
It plunged more than 60% in half.
Of course, LinkedIn has become the new largest recruitment social networking site in the United States. It is also actively developing its own business in the UK and continental Europe.
The number of corporate and individual users using LinkedIn has exceeded 200 million. This number is likely to continue to rise significantly during the financial crisis. I believe that reaching the goal of 300 million member users four years in advance will not be very difficult.
Difficult things.
From Xiao Qi’s purchase of LinkedIn shares to now, LinkedIn’s valuation has risen sharply to 3 billion U.S. dollars, but no one believes that this will be the limit of LinkedIn. Even the most cautious Royal Bank of Scotland has given LinkedIn’s IPO an estimate of 5 billion U.S. dollars.
This number will definitely increase again after it is launched.
Because compared to other social networking sites, LinkedIn has a strong professionalism. It has a great advantage in being responsible for corporate recruitment. This kind of very professional Internet company is the most popular and popular among investors.
trustworthy.
After LinkedIn was listed in the previous life, the skyrocketing stock price and market value illustrate the choice of investors.
Yu Shanshan has no intention of making Linkedin her private property. Moreover, Werner and a group of staff really hope to take Linkedin public.
Only then can they get the most benefit.
After all, Xiao Qi had promised before that if the operation was listed, he would allocate 10% of the shares to senior management and employees.
Xiao Qi has never been stingy about things like dividing shares.
If the top management and employees don't work hard, then LinkedIn is worth 2 to 3 billion US dollars, and 90% or even 100% of your shares is only 2 to 3 billion US dollars.
But if the company and its employees can see the hope of getting rich and proving their worth, so they work hard to develop and expand LinkedIn, and finally LinkedIn is successfully listed, with a market value of more than 10 billion U.S. dollars, then 80% of the shares are worth 8 billion U.S. dollars.
You tell me.
Is 90% of two to three billion better, or 80% of 10 billion?
So the old man said it well, if you are willing to give up, you will gain something.
People who just want it all to themselves often get the least.
If LinkedIn were to be listed the same as in the previous life, then Yu Shanshan would definitely not be able to own more than 75%. This is the most basic rule.
Then Xiao Qi's shareholding set for Yu Shanshan should be about 52%, and it is obviously a two-level equity structure model. The voting ratio of Yu Shanshan's shareholding is calculated based on 15 ordinary shares.
In other words, although Yu Shanshan only holds 52% of the shares, her voting rights are as high as 78%.
The final decision-making power of a company is decided by more than two-thirds of shareholders. Calculated, 667% is enough to control the fate of a company, and 78% is even more domineering.
Before the listing, Xiao Qi will definitely give out 10% of the shares as agreed.
Then of the remaining 80% of the shares, at least 30% must be put on the stock market. After the listing, it will be easy to buy back 2% of the shares.
If calculated based on an IPO with a market value of 10 billion U.S. dollars, releasing 30% of the shares will allow Yu Shanshan to receive 3 billion U.S. dollars in cash. After that, the value of the 52% of the shares she holds will reach about 12.8 billion U.S. dollars, making her a wealthy person.
Although 52% of the shares cannot be moved, according to LinkedIn's business model and profit prospects, the annual dividends are also a large amount, enough for her children and grandchildren.
Of course, LinkedIn should be listed two or three years later. Only then will its value be fully estimated, and it may even directly exceed 10 billion US dollars.
The second one has already brought full rewards to Xiao Qi.
Now it no longer exists, it has been merged into Electronic Arts, becoming a member of Electronic Arts.
During financial crises, there are many safe havens.
To put it simply, although the stocks of Fairy Company's cooperative companies in the industrial chain also fell for a while, after passing through the panic period, they returned to normal soon. During this period, the stocks were still rising steadily.
From a general perspective, the most popular mobile commerce concept stocks are also a safe haven.
For example, many development companies that have performed well in RE have not seen their stock market values decline.
Many game and program companies with good sales on K have strong stock market values.
Well, actually if you think about the two together, the one that stands out the most is Electronic Arts.
Because it has good performance both on RE and K, the quantity and quality of games are deeply loved by users, and the sales data are very good, so the market value of Electronic Arts not only did not decline during this period, but actually
It rose to about 27 billion U.S. dollars, which was highly praised by the market.
For all the shares Xiao Qi sold, in addition to getting a huge return of 99.2 billion U.S. dollars, he also recovered 20% of Cho Girl's shares, and then retained 1,152% of New Electronic Arts' shares.
All in all, Xiao Qi made a lot of money from this business.
He only invested 1.3 billion US dollars in the development and promotion of the game, and then received a return of more than 20 billion US dollars, a return rate of more than 1,500%.
It only took Xiao Qi less than a year from preparation to exiting the market with a profit. With such a terrifying speed of making money, it is no wonder that he has been called an "investment master".
Countless business schools and university business subjects have already repeatedly studied and pondered various investments made by Xiao Qi since he started doing business. Investment is an emerging hot topic!
Let's not talk about gossip.
Now Xiao Qi still has 1,152% of Electronic Arts shares in his hands, and he has no intention of selling them anymore.
Just as Xiao Qi and Hoffman discussed when it was founded, it would eventually be sold because it was just a trend and had no foundation. If it could be founded into another Electronic Arts, then Xiao Qi would retain the shares.
Well, now, it happens to be Electronic Arts and the merger, then the 1152% of the shares in Xiao Qi's hands will become the shares of a company with a historical background. With the development pulse of Electronic Arts, I dare not say 100 years, but
We are very confident that we will continue to develop steadily for 50 years.
Moreover, the current assets have been merged into Electronic Arts. Once the new trend and the old powerhouse cooperate, the chemical effect will be much better than the two of them fighting alone in history.
1,152% of Electronic Arts' stock cannot have much influence on Electronic Arts' decision-making, nor can it become the core asset of the Xiao Family Fund.
But it is undeniable that this asset is still an excellent asset and brings a lot of dividend returns every year.
In the future, whether you keep it as part of the fixed asset allocation or transfer it to your wife, it is a good choice. (To be continued)