Reborn Xiangjiang as a Tycoon

Chapter 549 Invitation to Cooperate (2-in-1)

Because of the time difference between the two places and the similar flight time, when Lin Baicheng arrived in Beverly Hills, it was just getting dark.

"Brother, why didn't you say anything before you came over?"

Lin Qin was at home. As he spoke, he looked behind Lin Baicheng and asked, "Didn't your parents come over?"

"What's there to say?"

Someone was holding the things, so there was no need for Lin Baicheng to put them away. He went to the sofa and sat down: "My parents just came back from the mainland and need to rest. In addition, they brought two cousins ​​to Xiangjiang. They need to be taken care of, so in a short time

Won’t come over.”

As he said that, Lin Baicheng looked at her and said, "Sister, my parents haven't come over, so you should be fine by yourself, right?"

"Of course no problem!"

Lin Qin immediately said that she could take care of herself by herself, not to mention that with bodyguards and servants, she would not feel insecure because she was abroad.

"It's fine if there's no problem."

Lin Baicheng nodded slightly and said, "During the Mid-Autumn Festival, did you go to your aunt, uncle, and the others?"

Lin Qin nodded: "I went to my aunt's place to have dinner, and then I went shopping in Chinatown with sister Li Jun."

Lin Baicheng's aunt Lin Yan's family no longer lives in San Francisco, but has moved to Los Angeles. The toy store in San Francisco has been taken care of by others, and she is currently running a small business in Chinatown with a good income.

After hearing this, Lin Baicheng immediately said: "Listen to what you mean, without Qingxia, she went back to Wandao to celebrate the Mid-Autumn Festival?"

Lin Qin nodded: "Yes! Sister Qingxia said she would go back to celebrate the Mid-Autumn Festival."

"Then is she back now?"

Lin Baicheng asked. It has been about a week since the Mid-Autumn Festival.

Lin Qin shook his head: "Sister Qingxia didn't come back yesterday, so I don't know now."

"Forget it if you don't know. I'll contact Li Jun later."

As he spoke, Lin Baicheng spoke to the butler Dalci and asked Dalchi to prepare dinner for him and the bodyguards who came with him. Because they knew they would be arriving in Los Angeles around this time, they did not eat on the plane.

After dinner, Lin Baicheng contacted Deng Lijun. Fortunately, Deng Lijun was at home, otherwise he would have been unable to contact her for a while.

The two chatted for a few words first, and then Lin Baicheng asked Deng Lijun about Lin Qingxia's itinerary, and learned from Deng Lijun that Lin Qingxia would come to Los Angeles the day after tomorrow.

The next day was Saturday. Instead of going to several companies, Lin Baicheng went to play golf at the invitation of Phil Smith.

When Lin Baicheng went to the golf course, not only Phil Smith was there, but his fiancée Anna Nord was also there, and Logan Rockefeller was also there.

"Alan, the financing negotiations for Zhonghe Game Company are almost complete."

Phil Smith had talked to Lin Baicheng about the financing of Zhonghe Game Company in mid-September, and now it is almost mid-October, and about a month has passed.

Lin Baicheng joked: "Smith, it's been a month, and I almost thought there was something wrong with the financing."

Phil Smith said: "There is no way. If you want the company to have a higher valuation, you need to slowly negotiate with the institution. It is always good to negotiate a higher valuation."

"So, tell me about the financing situation."

Lin Baicheng nodded. He didn't pay much attention to this matter and directly asked Phil Smith to handle it. But now that this matter has been brought up, it would be unreasonable not to ask.

“The company’s pre-financing market value was US$200 million, and with 10% of the shares raised, the post-financing valuation is US$220 million.”

The profit of Zhonghe Game Company so far is nearly 15 million U.S. dollars. The arcade game "Western Cowboy" is a hit. It is expected that after opening up overseas markets, this game will bring a total of hundreds of millions of dollars to the company in the next few years.

In addition, the second part of "Cowboy" is in development, so the company can have a higher price-to-earnings ratio in terms of valuation.

"This valuation is not low."

Lin Baicheng couldn't help but nod after hearing this. When Zhonghe Game Company was established, he obtained 40% of the shares for US$4 million. After financing, he diluted 10% of the corresponding shares, which is 4%. In this way, Lin Baicheng was left with 36% of the shares, 2.2

36% of the shares valued at US$100 million were worth nearly US$80 million, which suddenly increased 20 times.

This time, Hutchison Whampoa will participate in the financing of Zhonghe Gaming Company and take over 3% of the shares, which means it will spend US$6 million to acquire 3% of the shares.

"Allen, just agree with this valuation."

Phil Smith is most worried about Lin Baicheng's objections. After all, Lin Baicheng is the company's largest shareholder, and even he himself recognizes Lin Baicheng's ability. If Lin Baicheng does not agree, then the financing will definitely not be able to proceed, and separate negotiations will be needed.

Lin Baicheng looked at Logan Rockefeller: "Speaking of which, Logan, last time I heard you said you also wanted to participate in the company's financing, right?"

"I'll just get 1% of the share."

Logan Rockefeller said that he actually wanted to get more, but unfortunately he only raised 10% of the shares in total, and Lin Baicheng had to give 3% to Hutchison Whampoa, and the rest had to be divided again, and each company couldn't get it at all.

How many.

"I also raised 1% of the shares."

Anna Nord said aloud.

Lin Baicheng asked Phil Smith: "In this case, only 5% of the shares are left. How many institutions have you found?"

"Just one family."

Phil Smith raised his index finger: "Fortunately, I convinced Goldman Sachs to accept the dilution of the shares, otherwise the 10% of the financing shares would not be enough." Although only one institution took over the financing of Zhonghe Game Company,

But when he was negotiating, he found several institutions, and finally the institution with the largest investment took over the financing.

"Which one is it?"

Lin Baicheng asked a little curiously, after all, he could barely be considered a partner from now on.

Phil Smith said: "It's Sequoia Capital."

"It's Don Valentine."

Lin Baicheng was a little surprised. It can be said that Sequoia Capital has appeared in his field of vision many times in recent months. Apple's financing is Sequoia Capital, New Century Software's financing is also Sequoia Capital, and now Zhonghe Game Company

The financing still comes from Sequoia Capital.

Phil Smith said very directly: "Sequoia Capital has the highest bid and the most sincerity, so I chose Sequoia Capital."

"When there is no need for human resources, the one with the highest bid should be chosen."

Lin Baicheng has no objection to this. When it comes to financing a company, unless the company wants to expand to overseas markets, it can accept influential local capital at a lower price for the sake of network resources. Otherwise, it will be cooperation with whoever pays the highest price.

After talking about this, Lin Baicheng and others started playing golf, chatting while playing golf.

Lin Baicheng started a topic: "Smith, Logan, do you know about mobile phones?"

Logan Rockefeller asked: "Alan, do you mean cellular phones?"

"That's right."

Lin Baicheng nodded. There are actually mobile phones now, but they are different from modern mobile phones. Moreover, cellular mobile phones have great limitations and cannot be said to be true mobile phones. Commercialization has not been expanded at all.

Phil Smith had a guess: "Alan, you don't talk about this topic for no reason. Could it be that you want to enter this industry?"

"Yes, I am very optimistic about the development of this industry, so I want to enter this industry."

Lin Baicheng nodded and said aloud: "I still don't like the current cellular phones. I want to fund the development of mobile phones that can really be carried around. Needless to say, the communication convenience of the phone. As long as we can develop a mobile phone that can

Portable mobile phones, imagine everyone buying a mobile phone, how much market potential this would have."

"Alan, the premise is that the kind of portable mobile phone you are talking about can be developed. The initial investment is definitely not small. If it is not developed, all the funds may be wasted."

Phil Smith can certainly imagine the size of the market for one-in-one mobile phones, but he also knows the risks involved.

"The greater the risk, the greater the profit."

Lin Baicheng was not sure how much money he would have to spend to develop the relevant technology and make a mobile phone, but he knew the prospects of this industry, so he was determined no matter how much it cost. Furthermore, the mobile phone industry is not just about investment.

How much money can be earned in this industry is also related to the layout of the semiconductor industry. The two are complementary to each other.

"Smith, Logan, let me tell you the truth, I have found two partners, we have raised $400 million in capital to prepare to enter this industry. I know its risks and market potential, so I am looking for

For more partners, please consider it and see if you want to work together."

Not only Phil Smith and Logan Rockefeller, but also Lin Baicheng told Iwasaki Mineryu about this matter and asked Iwasaki Mineryu to think about it. With the cooperation of Phil Smith, Iwasaki Mineryu and others, the future of the company

When mobile phones are sold in the United States and Japan, certain resistance can be reduced.

"Alan, you are really generous. You have raised US$400 million in funding?!"

Logan Rockefeller was shocked when he heard this. He knew that Lin Baicheng and the others were serious about it, and since Lin Baicheng and the others dared to invest so much money, it meant that this business had great prospects and great potential, and he should really consider it carefully.

"However, US$400 million has been raised now, so if I want to cooperate, don't I have to raise tens of millions of US dollars?"

Logan Rockefeller soon realized that he did not have that much capital. There was no point in investing less. Lin Baicheng and the others would probably not let him play. If he invested more, the risk would be too great for him. If he failed, it would be detrimental to their family's assets.

It is not an easy decision to make if it has a major impact.

Phil Smith couldn't help but said: "Alan, does it require so much investment to make mobile phones? And you have raised US$400 million in funding, why is it not enough?"

Lin Baicheng said: "Whether it is recruiting people, purchasing equipment or technology research and development, a lot of funds are needed. US$400 million is not much, it is enough, but I hope to have more partners, so it is best to raise US$500 million.

billions of dollars in funding.”

"Alan, I don't know anything about this mobile phone. I need to investigate it and think about it carefully."

Phil Smith thought for a while and said that Lin Baicheng had helped him make a fortune several times. He believed in Lin Baicheng's ability and vision, but an investment of at least tens of millions of dollars was not a small amount. It required detailed investigation. It was impossible for him to do it just by telling Lin Baicheng.

Agreed.

"This is as it should be."

Lin Baicheng understood: "Actually, I also asked Iwasaki-kun, and he also wanted to think about it. But Smith, you'd better not think about it for too long. I will start looking for professionals now, and after I find someone, I will start

Register a company and conduct technology research and development."

Phil Smith said: "I only need half a month at most."

"Half a month is not a long time, there is no problem."

Lin Baicheng nodded and agreed. He still hopes that Phil Smith and Iwasaki Mineryu can agree to cooperate together, which will also be beneficial to him. However, if they are really unwilling to cooperate, then he can accept it. Anyway, he is not short of money.

Able to support early stage research and development.

"Alan, I have to think about it too."

Logan Rockefeller spoke up and said that although he knew that it was unlikely that he would participate in the cooperation, after all, too much money would need to be invested, but he said that he had to consider it and there was no loss anyway.

Lin Baicheng also nodded and said there was no problem.

Anna Nord never spoke, mainly because the investment was too big and she did not have that much capital to participate. The Nord family did have capital, but the Nord family would not invest tens of millions of dollars in an unknown industry with so much money.

It is better to invest in the real estate industry that the Nord family is familiar with.

A few people continued to play ball and chat.

Phil Smith found an opportunity to tell Lin Baicheng alone one thing, that is, go to his place for dinner in the evening. Don't bring a female companion. He will introduce a beautiful woman to Lin Baicheng and give him a few Chinese antiques.

Lin Baicheng, thank Lin Baicheng for making him rich.

After Lin Baicheng sold the long gold futures, he notified Phil Smith, and after discussing with his investment adviser, Phil Smith immediately sold half of the position, and later sold 20% of the position at a high price, waiting for the gold price to fall back.

Hurry up and sell the remaining 30% of your position.

Speaking of which, Phil Smith's average selling price is higher than Lin Baicheng's, about US$410 per ounce. Mainly because the price of gold has risen a lot since then, so Phil Smith's average selling price

will be higher.

It is true that the average price of Phil Smith's sales is higher, but the risk is also greater. If the gold price adjusts after Lin Baicheng closes his position, then the average price of Phil Smith's sales will only be lower.

L. Smith had good luck.

Although Phil Smith did not invest as much in gold futures as Lin Baicheng, and the leverage he used was not that high, he still made hundreds of millions of dollars from investing in gold futures, which is equivalent to the profits of his family in several years.

Phil Smith made a lot of money thanks to Lin Baicheng. Of course, Phil Smith wanted to express his gratitude to Lin Baicheng. Thinking that he liked the beauty Lin Baicheng he introduced last time, he decided to introduce the beauty to Lin Baicheng again.

The main reason is that Phil Smith is limited in what he can give, and Lin Baicheng has no shortage of money. Apart from a few antiques, he can only give away beautiful women.

(End of chapter)