Chapter 875: The Upcoming Zhonghe Game (Two-in-One)

Time flies.

Unconsciously, it is July.

On July 4, Lin Baicheng's private plane landed at the Los Angeles airport.

It is a coincidence that today is not only a Saturday holiday, but also the Independence Day of the United States.

"Boss, welcome to Los Angeles."

Private secretary Katherine Jackson came to the airport with bodyguards to pick him up.

"Long time no see, Katherine."

Lin Baicheng nodded, and some bodyguards followed him.

The group walked out of the airport, and Lin Baicheng got on the extended Lincoln, and the bodyguards naturally had corresponding cars.

In the extended Lincoln.

Katherine said: "Boss, President Kent asked me to convey her apology for not being able to pick you up at the airport. She had a business trip to New York the day before yesterday and is still there."

"I know, business is important."

Lin Baicheng certainly would not blame Isabella for not coming to pick him up, not to mention that Isabella was busy with company matters.

"Katherine, how is the schedule for Blockbuster's financing arranged?"

"Before the financing, Blockbuster's Manager Kilman and Morningstar Pictures' President Lansing, as well as the company's shareholders, all hope to hold a financing party. If you have no objection, the party will be held tomorrow night. They all hope that you can attend the party tomorrow night." Katherine reported.

"There is no reason for me not to go to this party."

Lin Baicheng has come to Los Angeles. Although his main purpose is to inspect various companies, he also has to deal with Blockbuster's financing, so he must attend this financing party.

Hearing Lin Baicheng say this, Katherine immediately said: "Boss, in this case, I will contact President Lansing and Manager Kilman later to inform them that the party is going on as usual and you will be there on time."

"Yes."

Lin Baicheng nodded.

"Is there anything else you want to report to me?"

"Boss, during the time you are not in the United States"

Catherine immediately reported after hearing this, but this time she reported on the companies under Lin Baicheng's name and some things related to him from the time Lin Baicheng left the United States last time to the time he came here today.

Of course, these are not major things. If it is a bigger thing, even if Lin Baicheng himself is not in the United States, Catherine will contact Hong Kong to report to him as soon as possible.

Therefore, the current reports are all about trivial matters, which may be important to the relevant people, but not important to Lin Baicheng.

But no matter how unimportant it is, Lin Baicheng will still listen to Catherine's report carefully, so that he can have a clear idea of ​​some things that happened and avoid making mistakes.

For example, if a senior executive of a company under Lin Baicheng's name has a relative who dies or gets married, this matter has nothing to do with Lin Baicheng, but Lin Baicheng always knows it, so that when chatting with the other party, he will not talk about some embarrassing topics.

Lin Baicheng is the boss, even if he says some embarrassing words, it's okay, but it's better to avoid such things if possible.

The extended Lincoln arrived at the villa in Beverly Hills.

It was still the same here, because he knew in advance that Lin Baicheng would probably come at this time, so the butler Dolci Har went outside to greet him with the servants.

Lin Baicheng greeted the butler and walked into the villa.

In fact, Lin Qin has lived in this villa for a longer time. Even if Lin Baicheng came to the United States, he did not live here all the time.

When he first came to the United States, Lin Baicheng planned to wait until he dealt with the financing of Blockbuster before starting to inspect various companies and listen to the reports of the secretariat. He would take a rest for a day or two.

However, Lin Baicheng wanted to rest, and someone couldn't wait to contact him after learning that he came to the United States.

The person who contacted Lin Baicheng was Phil Smith. Lin Baicheng had a good relationship with him. Phil Smith said he wanted to meet with him. He had something to talk to him about Zhonghe Game Company and consult his opinion as a major shareholder.

Lin Baicheng couldn't refuse, so he agreed to go to Zhonghe Game Company tomorrow morning and everyone would meet there.

The next morning.

After breakfast, Lin Baicheng said hello to Demi Moore and left for Zhonghe Games. Last night, he came to spend the night with Demi Moore, and the beauty responded warmly to his arrival.

Zhonghe Games.

Today is a holiday, so there are not many people. When Lin Baicheng came, he found that Wade Thomas was also there.

"Mr. Thomas is here too."

Seeing Wade Thomas, Lin Baicheng was more or less surprised, but not too surprised. After all, Wade Thomas himself is not only a small shareholder of the company, but Goldman Sachs, where he works, is also a major shareholder of the company.

"Mr. Allen, long time no see."

Lin Baicheng shook hands with Wade Thomas.

"Alan, you haven't been here for a while."

"My focus is now in Hong Kong, so I will come here less in the future."

Lin Baicheng and Phil Smith have a good relationship, and they are more casual with each other.

The three chatted for a while.

Lin Baicheng then said: "Smith, do you have anything to say to me about Zhonghe Games?"

Phil Smith looked at Wade Thomas when he heard this, and then said: "Alan, Mr. Thomas told me a while ago that the company is developing very smoothly and its performance is also very good. We can take advantage of the good development prospects now." The company is going public. Originally, I wanted to discuss it with you after thinking about it carefully. It just so happens that you come over now and we can discuss this matter together. "

After Phil Smith finished speaking, Wade Thomas immediately said: "Alan, you don't need to say more about the benefits of a company going public. Although Zhonghe Game Company is not comparable to Galaxy Games Company, in recent years, it has relied on Two companies, Galaxy Games and Xingyue Electronic Games, have also made a lot of money. We can definitely take advantage of the company's current performance to list the company, which will also have a higher valuation. "

Wade Thomas owns 4.5% of the shares in Zhonghe Games. Once the company goes public, his shares will be worth at least tens of millions of dollars, or even tens of millions of dollars, and this money will be worth half a year after the company goes public. Can be cashed out. Unlike now, the company's valuation is not low, but this was before it was listed. If it was sold at a low price, he would feel a loss, and if it was sold at a high price, no one would take it.

Wade Thomas is different from Lin Baicheng and Phil Smith. Lin Baicheng and the others are still billionaires even if they don't rely on Zhonghe Gaming Company. Wade Thomas, despite being a Goldman Sachs executive, only earns a few dollars a year. It’s only one hundred thousand US dollars. He would have to work for tens of millions of US dollars to earn that much.

As long as Zhonghe Game Company is listed, Wade Thomas will immediately achieve financial freedom, so he is very active in the listing of Zhonghe Game Company, and he took the initiative to bring the company's listing.

After hearing this, Lin Baicheng asked Wade Thomas: "Does Goldman Sachs also hope that Zhonghe Games will be listed as soon as possible?"

Although Wade Thomas is a senior executive of Goldman Sachs and one of its vice presidents, his own interests are not necessarily consistent with those of Goldman Sachs.

"Yes, it would be beneficial for everyone if the company goes public sooner."

Wade Thomas first worked within Goldman Sachs to get Goldman Sachs to reach a consensus, but his initial private investment in Zhonghe Gaming Company once again caused a bad impact within Goldman Sachs, causing some executives to criticize.

The reason is very simple. Wade Thomas’s investment was successful this time. Other executives will naturally be jealous. They say that the 5% of shares invested by Wade Thomas should also belong to Goldman Sachs. They bluntly say that Wade Thomas violated Goldman Sachs' interests.

That is to say, Wade Thomas has some connections, and at the same time, Lin Baicheng has indeed made great achievements, so he has blocked the mouths of many people. Otherwise, Wade Thomas would not be able to hold the position of vice president at all, and even the worst situation would arise. In the worst case scenario, it is not impossible to be sued by Goldman Sachs.

Of course, as long as Lin Baicheng and Phil Smith stand firmly with Wade Thomas and express that there is no problem with their original investment, then Wade Thomas will definitely be fine.

"Smith, what do you think?"

Lin Baicheng then asked Phil Smith what he thought.

"me?"

Phil Smith thought for a while and said: "If possible, I also hope that the company can be listed early, so that the company can have more funds to develop more and larger projects and make the company bigger and stronger."

There is another thing Phil Smith didn't say, that is, he is also the company's major shareholder. If the company goes public, his net worth will definitely increase significantly, which is also a great thing for him.

"Since everyone thinks it is better to go public, let's go public."

Hearing this, Lin Baicheng said that he had transferred the control of Zhonghe Game Company to Phil Smith. He had no idea about the company. If the company went public, his investment would be returned, and he had no reason to refuse.

"Mr. Allen, that's great of you to agree."

Wade Thomas is very happy. He will not be more than a year away from a sudden increase in his net worth.

Phil Smith asked: "Alan, what market value do you think is more appropriate for the company to go public?"

"Mr. Thomas, what do you think?"

Lin Baicheng turned to ask about Wade Thomas. Although Wade Thomas was only a minority shareholder of the company and a vice president of Goldman Sachs, he would definitely consider the gains and losses from the perspective of Zhonghe Gaming Company this time.

Because for Wade Thomas, the value of Zhonghe Games' shares accounts for the vast majority of his net worth. The higher the market value of the company's listing, the more beneficial it is to him.

Wade Thomas said: "There is a successful example of Galaxy Games, and the company's revenue and profits have grown significantly every year. I think the company's price-to-earnings ratio when it went public could be around 20 times, at $800 million. The market value is more appropriate.”

"If we go public with this market value, will the price-to-earnings ratio be too high? If the market doesn't recognize it, once the listing fails, it will be a big blow to the company."

Phil Smith couldn't help but be a little worried. Zhonghe Game Company's profit last year was only more than 30 million U.S. dollars, but it was listed with a market value of 1.8 billion U.S. dollars and a price-to-earnings ratio of more than 20 times. He was worried that the market would not recognize it.

Now is not the era of Internet carnival. When the Internet era was crazy, there were many companies with a price-earnings ratio of hundreds of times. A price-earnings ratio of 30 to 50 times can be said to be standard. In this era, listed companies with a price-earnings ratio of 30 times are all The valuation is considered high.

Wade Thomas immediately said: "Mr. Smith, please rest assured that the underwriter of the company's listing will be handed over to us, Goldman Sachs. We, Goldman Sachs, will definitely allow Zhonghe Gaming Company to be listed with a market value of no less than US$800 million. Of course, in return, The underwriting fee will be relatively high, I hope you two can understand this.”

"Alan, what do you think?"

Phil Smith heard this and looked at Lin Baicheng. Although Lin Baicheng gave up control of the company, Lin Baicheng had more shares than him.

"I think it's okay."

Lin Baicheng had no objection: "If Goldman Sachs allows Zhonghe Games to be listed with a higher market value, such as one billion US dollars, the company can definitely give a higher underwriting fee."

Anyway, the wool comes from the sheep. The higher the market value of the company, the higher the value of the shares held by everyone. For this reason, it is appropriate to pay more underwriting fees.

As for how Goldman Sachs sold its shares and whether it was cheating investors, that has nothing to do with them.

"Alan, if you want Zhonghe Games to be listed with a higher market value, the company must have better performance."

Wade Thomas immediately shook his head when he heard this, but when he said this, he looked at Phil Smith. He had already proposed the feasibility, but he didn't know whether Phil Smith would do it.

"It's not easy for the company's performance to grow significantly, unless Allen personally directs the company to develop a hit game."

Phil Smith looked at Lin Baicheng with hope. If Lin Baicheng was willing to help, the company's performance would be likely to explode.

"How can I have that time?"

Lin Baicheng immediately shook his head. Now he only puts forward general ideas for the games of the two companies, Galaxy Games and Xingyue Electronic Games, and leaves the specific research and development to his subordinates. He no longer has as much free time as when the company was first established.

At that time, Lin Baicheng even had time to personally lead and participate in the development of the game, but now he can't. With that time, Lin Baicheng might as well stay in the laboratory and conduct research.

"Then there's no way."

Phil Smith shook his head and couldn't help but secretly regretted it.

"Try to get a higher market value for the company to be listed."

Lin Baicheng said that he holds 36% of the shares of Zhonghe Game Company. Even if it needs to be diluted when it goes public, at most it will be diluted by 7.2%. In this way, nearly 30% of the shares will be left, worth at least US$200 million.

Compared with the original investment of 4 million US dollars, the income has increased fifty times, which is already a quite objective rate of return.

"I will try my best."

Wade Thomas is also a little disappointed, but fortunately, the biggest goal is to achieve the listing of Zhonghe Game Company, which is gratifying.

After that, the three people discussed it again. Since they have decided to list Zhonghe Game Company, they should simply go public as soon as possible and strive to start the road show within a month or two and complete the listing within half a year.