Chapter 2240 Enjoy the Joy of Company Growth (Part 1)
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 in hand.
The first is the private property that Xiao Qi gave to Yu Shanshan——LinkedIn.
After the entire acquisition was completed in September 2007, LinkedIn became the main asset of "Yu's Fund" in a substantial sense, accounting for 90% of the shares, which also ensured that Shanshan Yu'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 is also the main driver of LinkedIn's market value breaking through 25 billion US dollars in his previous life.
Yu Shanshan doesn't understand the operation of LinkedIn, but with Xiao Qi around, Hoffman and Werner's mutual cooperation and sharing of power, and worldwide accounting firms and law firms to oversee it, of course no one can tamper with it.
When purchasing LinkedIn, Xiao Qi promised to 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. Werner was relieved, and he began to develop LinkedIn seriously.
Unlike other social networking sites that are unlimited, LinkedIn has targeted the professional social market from the very beginning, allowing people in the workplace to join, speak freely, communicate with each other, 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 companies and provide various solutions, the most important of which is naturally headhunting.
To put it bluntly, it is Huaguo's 51job and Zhaopin, and LinkedIn's approach is more direct, without boundaries, and more professional, so it has more development potential than them.
In fact, now in the United States. LinkedIn, through the injection of Xiao Qi's large sum of money, has beaten Monster, the largest and earliest recruitment website in the United States, in advance. It seized 80% of its high-end customers, which directly caused the market value of Monster to plummet by more than 60% in the past year and a half.
As a matter of course, LinkedIn has become the new largest recruitment social networking site in the United States, and is actively developing its own business territory in the UK and continental Europe.
The number of corporate and individual users using LinkedIn has exceeded 200 million, a figure that is at the height of the financial crisis. It is also possible to continue to rise sharply. I believe that it will not be very difficult to reach the goal of 300 million member users 4 years ahead of schedule.
From Xiao Qi’s purchase of LinkedIn’s shares to the present, LinkedIn’s valuation has risen sharply to 3 billion US dollars, but no one believes that this will be the limit of LinkedIn. Even the most cautious Royal Bank of Scotland also gave LinkedIn’s IPO an estimate of 5 billion US dollars, while After the listing, this number will definitely increase again.
Because compared to other social networking sites, LinkedIn has a strong professionalism. It is in charge of corporate recruitment and has a great advantage. It is a very professional network company. It is the most popular and trusted by investors.
After LinkedIn's listing in the previous life, the stock price and market value have been rising all the way. It explains the choice of investors.
Yu Shanshan has no intention of making LinkedIn her own private property, and Werner and a group of staff members really hope to make LinkedIn go public.
Only then can they get the maximum benefit.
After all, Xiao Qi had promised before that if the operation goes public, 10% of the shares will be allocated to the top management and employees.
Xiao Qi has never been stingy about splitting shares.
If the top management and employees don't work hard, then LinkedIn is worth two or three billion dollars. 90% or even 100% of your shares are only two or three billion.
But if Gao Yi and the workers can see the hope of making a fortune and proving their own worth. Therefore, they worked desperately to develop and grow LinkedIn, and finally LinkedIn was successfully listed, with a market value of more than 10 billion U.S. dollars, so 80% of the shares also have 8 billion U.S. dollars.
You talk about it.
Is it 90% of two or three billion, or 80% of 10 billion?
So the old man said it well, be willing to give up, and only if you give up can you gain.
Those who just want to monopolize all of them often get the least.
If LinkedIn went public as in the previous life, then Yu Shanshan must not own more than 75%, which is the most basic rule.
Then Xiao Qi set for Yu Shanshan to hold about 52% of the shares, and it is obviously a secondary shareholding structure model. The voting ratio of Yu Shanshan's shares is calculated based on 1.5 ordinary shares.
In other words, although Yu Shanshan only owns 52% of the shares, her voting rights are as high as 78%.
The final decision-making power of a company is determined by more than two-thirds of the shareholders. Calculated, 66.7% is enough to control the fate of a company, and 78% is even more the master of a company.
Before going public, Xiao Qi will definitely allocate 10% of the shares according to the agreement.
Then for the remaining 80% of the shares, at least 30% must be put on the stock market. After the listing, it is also a breeze to buy back 2% of the shares.
If calculated according to the IPO with a market value of 10 billion US dollars, the release of 30% of the shares will give Yu Shanshan 3 billion US dollars in cash, and the 52% of the shares she holds will be worth about 12.8 billion US dollars, which can be called a rich man.
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, which is enough for her children and grandchildren in the house.
Of course, LinkedIn should be listed two or three years later. Only then will its value be fully estimated, and it may directly exceed 10 billion US dollars.
The second is Cool Game, which has already brought Xiao Qi a full return.
Cool Game is now defunct, it has been merged into Electronic Arts and became a member of Electronic Arts.
During the financial crisis, there are also many safe havens.
To put it simply, although the stocks of the cooperative companies in the fairy maiden company's industrial chain also fell for a while, they returned to normal after the panic period, and the stocks were still rising steadily during this period.
From a general perspective, the most popular mobile business concept stocks are also a safe haven.
For example, many development companies with good performance on the APP STORE have not declined in stock market value.
Many game and programming companies with good sales on Facebook have strong stock market capitalization.
Well, in fact, if you think about the two together, the most prominent is Electronic Arts.
Because it has a good performance no matter on the APP STORE or on Facebook, the number and quality of games are deeply loved by users, and the sales data is very good, so the market value of Electronic Arts has not declined during this period. Instead, it rose to about 27 billion US dollars, which was praised by the market.
Xiao Qi sold all the shares in Cool Game. In addition to getting a huge return of 9.92 billion U.S. dollars, he also recovered 20% of Chose girl's shares, and then kept 11.52% of New Arts' shares in his hands.
Calculated from this business, Xiao Qi is making a lot of money.
He only invested 1.3 billion US dollars in Cool Game for the development and promotion of the game, and then he got a return of more than 20 billion US dollars, with a return rate of more than 1500%.
It took Xiao Qi less than a year from the preparation of the Cool Game to his exit at a profit. With such a frightening speed of making money, it is no wonder that he has already been called the "Master of Investment".
Numerous business schools and university business disciplines have already researched and pondered Xiao Qi's various investments since he started his business, and Cool Game's investment is an emerging hot topic!
Leave aside the gossip.
Now Xiao Qi still has 11.52% of Electronic Arts shares in his hands, and he doesn't plan to sell them anymore.
Just like what Xiao Qi and Hoffman discussed when they founded Cool Game, Cool Game will eventually be sold, because it is just a trend and has no background. If it can be established as another EA, then Xiao Qi shares will be retained.
Well now, it just happened that Electronic Arts and Cool Game merged, so the 11.52% shares in Xiao Qi’s hands became the shares of a company with historical background. With the development pulse of Electronic Arts, I dare not say 100 years , but it is still very sure that it will continue to develop steadily for 50 years.
Moreover, now that Cool Game's 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.
The 11.52% share of EA's stock does not have much influence on EA's decision-making, and it is impossible to become the core asset of the Shaw Family Fund.
But it is undeniable that this asset is still an excellent asset, and it brings a lot of dividend returns every year.
In the future, whether it is kept as part of the fixed asset allocation or transferred to a wife, it is a good choice. (to be continued ~^~)