Reborn as a Hong Kong Tycoon

Chapter 373 Insert a hand horizontally

"Snapped!"

A golf ball flies off the ground and onto the green, only to land a little farther from the green.

"Yes, there is progress, and you can get better with more practice, Alan."

Phil Smith's voice sounded from the side.

Wade Thomas said with a smile: "It's much better than the last time we played together, and Allen often hit the ball out of bounds."

Logan Rockefeller said aloud: "Just practice a few more times. We don't need to play well, as long as we play well and have fun."

"I agree with Logan's words, just be happy."

Lin Baicheng nodded in agreement. He had never touched golf before. If Phil Smith and the others hadn't brought him to play, he might not have even touched golf. Poor skills are normal.

Today is Saturday, Wade Thomas invited Lin Baicheng to play golf here, Phil Smith and Logan Rockefeller also came together.

After playing golf for more than half an hour, the four went to the side to sit and rest, drinking drinks.

Wade Thomas said to Lin Baicheng aloud: "Allen, I have something to ask you."

"You said."

Lin Baicheng was not too surprised. When Wade Thomas invited him to play here, he guessed that there should be something wrong.

"Is such that."

Wade Thomas said: "We are now in contact with Apple, and we are preparing to participate in Apple's financing. I would like to ask, what do you think of this company, is Apple worth investing in?"

"Thomas, you are asking the wrong person."

Looking at Wade Thomas, Lin Baicheng said speechlessly: "You know that I am a major shareholder of Apple, okay? No matter when it is, I can't say anything bad about Apple. So, my words have no reference at all. value, because all I can say is how good Apple is."

"It's okay, Alan, just say it, we will judge the specifics ourselves."

Wade Thomas heard this and said, of course they are aware of this, of course they know the risks of investing in Apple, and what they want to know from Lin Baicheng is the potential benefits of investing in Apple.As for the truth and falsehood, they have their own judgments, and they certainly won't fully believe what Lin Baicheng said.

"I'll just say one thing."

Lin Baicheng thought for a while and said, "In November 77, I valued Apple at US$11 million, which was still overestimated at that time. Today, Apple's valuation is no less than US$600 million. You Goldman Sachs It is also recognized. My investment at that time has gained at least 9000 times in value today, more than a year later.”

Wade Thomas heard the meaning of Lin Baicheng's words, and he said: "But IBM seems to be preparing to enter the personal computer market."

"so what?"

Lin Baicheng shrugged: "Apple has a first-mover advantage. It is true that IBM's technology is stronger and more famous, but small companies also have the advantage of small companies, that is, they can take action immediately after making a decision, and wait for IBM to enter the personal computer market. I still don’t know when it will be. By then, Apple’s market value will be hundreds of millions of dollars, and I can’t say that it will definitely beat IBM, but at least it has resistance.”

"We thought of that too."

Wade Thomas nodded. If IBM can immediately enter the personal computer market and compete with Apple, they will not dare to enter the market at this time and become a shareholder of Apple. After half a year or so, with the development of Apple Speed, should not be defeated by one blow, there is some competition.

"That's all I want to say. Whether you want to become a shareholder of Apple or not, you decide for yourself."

Lin Baicheng is not going to say more, after all, Goldman Sachs will not listen to his words to decide whether to invest in Apple, but will only decide whether to invest based on the company's own judgment.If you talk too much, it will be considered that Apple is not that strong, and it must not be able to compete with IBM, so it is not good to ask for help.

"Is the Apple you're talking about the company that sells Apple computers?"

Seeing Lin Baicheng and Wade Thomas finish their conversation, Logan Rockefeller asked aloud.

Phil Smith said enviously: "It's this company. You heard it just now. Alan's investment has increased by 15 times more than a year ago. I should have known that I also invested in this company."

"The company's computers seem to be selling really well."

Logan Rockefeller nodded thoughtfully. The class he has come into contact with can definitely afford Apple computers. He has also seen many people using this kind of computer, so he has some impressions.

Lin Baicheng listened and said: "Of course it sold well, otherwise the market value would not have doubled by at least 15 times in more than a year. If Apple's normal valuation of 300 million US dollars was used at that time, in more than a year, this company The company's market value should have doubled by 30 times."

"So Alan, you invested in this company at a valuation that was twice the normal value? Why were you so optimistic about this company at the time?"

Logan Rockefeller was very surprised when he heard that. Usually, a 50% premium for investing in a company is quite high, let alone a double premium.

"In my opinion, Apple computers are full of high technology, so I invested, anyway, Apple's valuation was not high at that time."

Lin Baicheng gave a reason casually, he couldn't possibly say that he was a reborn person.

"Alan, if I want to participate in Apple's financing, can I?"

Logan Rockefeller suddenly asked Lin Baicheng, and he didn't have any concerns because of Wade Thomas. After all, Goldman Sachs hadn't decided whether to invest in Apple.Furthermore, if Apple is really worth investing in, then it's okay to compete with Goldman Sachs. Business is business and cannot be confused with personal friendship.

"of course."

Lin Baicheng nodded slightly and said: "If you really intend to participate in the financing, I can introduce you to Jobs, the management of Apple. However, Apple's financing this time will take 20% of the shares, and the total valuation will not be less than 9000 million. U.S. dollars, maybe even higher, so if you participate in financing, you must invest at least a few million dollars.”

"I still have the money."

Logan Rockefeller nodded: "I will ask someone to investigate Apple. If you are sure to participate in the financing, then I will trouble you, Allen."

Lin Baicheng reminded: "Apple's financing this time will not take too long, so your investigation must be fast."

Logan Rockefeller nodded in understanding.

Wade Thomas didn't interrupt, let alone get angry. After all, Goldman Sachs hadn't decided whether to invest in Apple. Even if they finally decided to invest, they could invest together with Logan Rockefeller, so as to share some investment risks.

(End of this chapter)