Chapter 339 [Squeeze Teng Xun out]
As August approaches, with the arrival of the first Chinese-American Entrepreneurs Roundtable, the focus of news media reports has finally shifted from the news that China's GDP has officially surpassed Japan to this conference.
It can be said that it is the focus of attention. This is the first time that business leaders have formed a group dialogue and exchanges between the world's largest economy and the second largest economy on the earth. It is just a very meaningful and important event for the whole world.
On August 5, Luo Sheng took Qin Weimu and several other executives to the capital by private plane, and then flew to New York, North America with the national team's special plane.
There are 77 entrepreneur leaders on both sides this time, 34 people on China, and the rest are people on the United States.
Any of these 77 people has made great achievements in their respective fields and is a well-known big shot in the industry.
This is the first session, and in terms of content, it has attracted the attention of the media. Almost major mainstream media around the world have conducted in-depth reports on this conversation.
...
Luo Sheng arrived in New York, got off the plane and checked into the arranged hotel to rest.
In the guest room, Qin Weimu came out of the bathroom generously and the beauty came out of the bath. Her long legs, which were snow-white, formed a golden ratio with her whole body, were too eye-catching, but it failed to attract Luo Sheng's eyes.
Because he is concentrating on playing games.
Qin Weimu said angrily when he saw this: "I really don't understand that you are still in the mood to play games at this time. What are you going to talk about tomorrow if you don't prepare your manuscript?"
Luo Sheng shrugged: "Just kidding, we need to prepare the draft when we give a speech? Let's start with your mouth, and it's easy."
Qin Weimu shook his head helplessly, then went to bed lazyly, turned his head and glanced at Luo Sheng and said, "It is very important to think about tomorrow's meeting. You don't have to serve me tonight, keep your energy."
After a while, Luo Sheng closed the computer and put it aside, came to the bed, and immediately said to Qin Weimu: "There are other tasks for this trip to the United States, so you can arrange them."
Qin Weimu also looked at him curiously: "Another task? What task?"
Hearing this, Luo Sheng took the computer over again, then opened the screen and asked her to see it, and said, "You go and acquire two game companies. This sandbox game called "Minecraft". Although the first public version has just been released, I am very optimistic. The developer mojang ab is headquartered in Stockholm, the capital of Sweden. You can send a few people to buy this studio."
Qin Weimu looked at him: "Are you serious? Don't tell me that you just played for a while and thought it was fun? You should buy it?"
Luo Sheng nodded: "Yes, that's right, how can the game be sold well if it's not fun? I'm serious and I bought it. Now I think I can buy this studio for about 10 million US dollars. I may not even use so much money, but it will take a few years to make the return on investment that is hundreds or even hundreds of times."
"So exaggerated?" Qin Weimu couldn't help but feel shocked when he heard this.
Wouldn't that mean that this mosaic game is worth billions of dollars?
Luo Sheng looked at her and said confidently: "When did I fail after so many investments? I believe in me. Remember not to use my banner, buy it secretly, and then I will be announced!"
"Okay, I'll deal with it then." Qin Weimu found that he could not refute him for a while. Indeed, every investment he has taken has been successful without exception.
"In addition to this, there is another game company to be taken down." Luo Sheng said leisurely on his beautiful legs that he would never get tired of playing for n years: "A developer of online game in the United States, named riot-games, is literally translated as 'Fist Games'. The company was founded in 2006 and raised $8 million last year, introducing investors including Tengxun, benchmark-capital and firstmark capital."
Speaking of this, Luo Sheng turned his head to Qin Weimu: "As far as I know, Teng Xun is currently the largest investment shareholder of riot-games, holding about 22.34% of the shares... Well, let's do it, and it will be merged into the game business unit of Blue Star Technology Group. You can find a way to acquire me wholly."
Qin Weimu thought to himself: "Is it a wholly-owned acquisition? I can handle this, but since you want to have a wholly-owned acquisition, you must consider the hidden dangers of the core founder team leaving them inside Riot Company. The best way is to hand over the operation rights to the founder team."
Luo Sheng nodded: "Yes, no problem."
If the founder team leaves, the value of Riot Company will be greatly reduced, otherwise the investment will be highly likely to become a non-performing asset.
Qin Weimu thought for a moment and added: "The operation is simple, and it can be easily done with more money. First buy the stocks of benchmark-capital and firstmark capital, and then negotiate with the founder team of Riot Games, and use the conditions of Blue Star Technology's issuance channels and first-level traffic entrances and the conditions for not interfering with their operation and management, and then buy all the shares in their hands, and then hold a shareholders' meeting to conduct a large-scale financing, dilute Tengxun's shares and indirectly squeeze them out."
Tengxun now holds 22.34% of Riot Games shares, and there is no special agreement such as veto rights, which means that when the shareholders' meeting is held in the last step, the majority of major matters will be passed by more than 67%. Since Tengxun's holdings have not exceeded 34%, it is impossible to even veto it, so he can only watch the financing happen.
This seems to be meaningless to Teng Xun. His original intention was to obtain the agency rights of the upcoming "League of Legends" in China. Luo Sheng will definitely not be able to compete with Blue Star Technology if he enters the market.
The rhythm of killing with money is to kill Tengxun, who is powerless to make things happen, if Riot Games does not go public or pay dividends in the future, it will be like being trapped.
It is obvious that when encountering such a situation, the best result is to settle for the second best and transfer the remaining equity in your hand. Bluestar Technology, which is not short of money, can still sell it at a good price, and at least from the perspective of venture capital, it can still make some money.
These two games are very helpful for future layout and economic benefits.
In Luo Sheng's previous life, "Minecraft" was acquired by Microsoft for a huge sum of US$2.5 billion. Now it may take over 10 million US dollars. "League of Legends" was later a popular e-sports game around the world, creating an astonishing revenue of US$1 billion every year, which can be called the cash bull among cash bulls.
Riot Games can become one of the world's top game developers with this game alone, which shows how powerful this game has and how powerful it is.
This matter was decided like this. The biggest purpose of bringing Qin Weimu is to acquire these two potential game developers. She is now the CEO of Shengfeng Capital, and Riot Games is merged into the game business unit of Blue Star Technology Group. However, because Luo Sheng is the CEO of Blue Star Technology, of course she can entrust her as a lawyer and lead a group to acquire.
The key is that you don't have to pay a commission.
...
The next day, the first Chinese-American Entrepreneur Leaders Roundtable was held as scheduled. Luo Sheng bought two game developers by the way. This trip to North America was mainly for this exchange conference.
After all, it was the first time that he came with the national team. Luo Sheng was the leader of the technology companies in China. This responsibility cannot be ignored, so he naturally has to be a snack.
Early this morning, most mainstream media in the United States, including Wall Street, Silicon Valley and the whole world, focused on Manhattan Island, New York.
Especially in the context of the current global financial crisis, the dialogue between the two largest economies in the world is also of great significance, and all parties are eagerly looking forward to this exchange bringing new surprises to the recovery of the world economy.
...
Chapter completed!