Top of the Great Era

Chapter 2046 Share Dilution

Today is an informal meeting, and the business framework of several directions is almost the same.

Tomorrow, the two sides will send professional teams to discuss specific cooperation.

At 4:[-] in the afternoon, Zhou Buqi and his team left from Google, feeling that today was a fruitful day.In particular, when Google wanted to cut off a product called Knol, Larry Page felt it was a pity and planned to transfer it to Ziweixing International.

Although Boss Zhou is very likely to act as a taker again, it is not bad to have a chance to take over.

Tesla is also a project that Musk took over from others, and then thrived and flourished under his operation.It is not terrible to take over, it depends on whether you have the ability to take over the projects that others have given up, transform, optimize and operate them well.

Zhou Buqi has worked as a receiver several times in China, and the results have been quite good.

Now, it's time to switch to the international market and go abroad to take over.

After leaving Google, feeling that there was still time, Zhou Buqi decided to meet Sun Zhengyi on the spur of the moment. This guy urged him several times. He wanted to meet, saying that he wanted to talk about Ziwei Star’s global listing.

Procrastination is not an option, Zhou Buqi passed by, Softbank's office in Silicon Valley is also on Shaqiu Road next to Stanford University, next to Senior Sister Zhenyu's small studio.

After the visit, the two parties were concise and straight to the point.

Sun Zhengyi said that he felt the vigor and vitality of the mobile Internet era, and he was going to enter the market with a big budget.However, the book funds are a bit tight, and he needs to pay back the money first.

Zhou Buqi was slightly taken aback, "Through Ziweixing Global?"

Sun Zhengyi said: "Yes, I want to release some stocks during the IPO."

When a company goes public in an IPO, it has to take out a large amount of stock and sell it into the secondary market.

Where did these shares for sale come from?
Generally, there are two types, one is additional issuance and the other is dilution.

The vast majority of IPO listings are basically the first type.

Sun Zhengyi wants to choose the second option.

That is, the company will issue part of the additional shares, and Softbank will sell some of them to complete the sales task in the secondary market.

According to Zhou Buqi's established plan, Ziwei Star Global wants to take out 20% of the stocks in the secondary market.The 20% of the shares sold by the additional issuance will become sufficient cash flow on the company's books after the payment is returned.

What Sun Zhengyi meant was that Ziwei Star Global would only issue 10% more shares, and Softbank would sell the remaining 10% of Ziwei Star Global’s shares in the market.

In this way, 20% of the outstanding shares still exist in the secondary market.

But from the perspective of financing, Ziwei Star Global can only get 10% of the stock sales revenue, and the other 10% falls into the pocket of Softbank.

Softbank will reduce its shareholding ratio in Ziwei Star Global, get cash, and actively invest in the turbulent mobile Internet market.

Zhou Buqi gave him a meaningful look, feeling that the little old man was deliberately selling his favor.

Ziwei Star Global was established by buying, buying, and buying all the way, and it cost too much money. In order to complete this matter, Zhou Buqi raised more than 200 billion US dollars, most of which came from Softbank.

As a result, SoftBank has a very high shareholding ratio in Ziwei Star Global, which is still 62%.

The reason why Zhou Buqi wanted to rush to promote Ziwei Star’s global listing, and the scale of financing was so large, to issue an additional 20% of the stock... a very secret reason was that he wanted to dilute SoftBank’s shareholding ratio.

Reduce SoftBank's shareholding ratio to below 50%.

In this way, even if Softbank is still the largest shareholder of Ziwei Star Global, but Zhou Buqi controls the board of directors and management, and has super voting rights of 1 vote to 10 votes, he can firmly control the company's shares. power up.

Unexpectedly, Masayoshi Son offered to sell stocks generously and dilute the shares.I don't know if he is really short of money, or if he is taking the initiative to retreat to make himself more comfortable in this cooperation.

If it's the latter, then he really has the demeanor of a big boss, a bit like Du Yuesheng from Shanghai Bund.

Zhou Buqi pretended not to know, and waved his hand angrily, "No problem! It's a trivial matter! Just do as you say!"

Sun Zhengyi sat on the chair, bowed slightly, and thanked: "Thank you, thank you."

Zhou Buqi said with a smile: "However, I also have something to ask for your help."

"No problem, you say!"

"I told you before, about the Japanese maid..."

"Cough cough."

Sun Zhengyi was caught off guard, he thought it was something important.

Zhou Buqi didn't meet him, and said with a smile: "The maids in your family are very good, I like them very much."

Sun Zhengyi raised his eyebrows, some did not understand what he meant, "Shall I transfer it to you?"

"No, no," Zhou Buqi waved his hands repeatedly, rejecting this idea, and said something in Chinese, "A gentleman does not take what others like."

"what?"

Of course Sun Zhengyi didn't understand.

Zhou Buqi said: "I have some maids in my family, mainly from Brazil, Paraguay, and Colombia. They don't understand the language and have different habits. When the contract expires next year, I don't want to renew the contract with them." Yes, I plan to change a batch."

Sun Zhengyi has seen this kind of thing too much.

What you are not used to is nothing more than a reason you found.This group must be tired of playing and want to change to a new group.He has an entrepreneur friend in Japan who is more flamboyant.

That person is an old man in his 70s this year, and he must not be able to play anymore, but this does not prevent him from enjoying the joy of "eating, sex, sex" in his later years.

"Food and sex" is Chinese culture, but it is slightly conservative in China.

After being introduced to Japan, it has been carried forward at the application level, and the most typical representative is the female body.This kind of girl's body banquet really expresses this sentence vividly, and it is also something that many cultural celebrities and people with social status are willing to participate in.

That entrepreneur friend in his 70s often changed maids in batches at home.

It's not that he likes to play, but that he likes to eat this kind of human feast with arty style.

This group of girls got tired of eating, so they changed to another group.

Ultimate enjoyment.

Masayoshi Son is a Japanese. He has seen too many strange, unconventional, and tricky games, especially many old men, the older they become, the more perverted they become.

In contrast, Comrade Xiao Zhou is still good.

Sun Zhengyi did not refuse, "Yes, I will arrange it for you."

Zhou Buqi hesitated for a moment, coughed and said, "It's better to be a virgin, less gossip."

Sun Zhengyi smiled, "Yes."

Virgins are worshiped in their country, and the world-renowned human body banquet can only be served with beautiful girls who are completely intact. This is "clean", and the food will not be dirty when placed on them.

Zhou Buqi was very satisfied with this cooperation, so he went home happily.

On the way, he called Lu Qi and asked him to find someone to study Google's Knol, and then make a report and submit it tonight.

Back home, the first thing Zhou Buqi does is to play with the children.

Unexpectedly, seeing Senior Sister Zhen Yu holding Ning Ning in her arms, she didn't know what she was talking about, the little girl was giggling non-stop.Holding the child in her arms, Zhen Yu's eyes were also full of warmth and tenderness.

Zhou Buqi observed it very keenly.

Well, speaking of it, Senior Sister Zhen Yu is also 30 years old this year.

It is also the age to have children.

"Senior Sister, why are you back? Didn't you say you were going to England?" Zhou Buqi walked over with a smile and hugged her and her daughter in his arms.

Zhen Yu raised her head to look at him, pursed her lips and said, "No, it will take a few days. Spotify's new financing is not in a hurry, they have sufficient cash in their account, I suggest they wait until next spring to start financing."

"Strong woman."

Zhou Buqi leaned over and kissed her on the cheek.

Zhen Yu blinked her eyes, "I heard from Baoshan that you're going to make big money again?"

Zhou Buqi smiled and said, "Yes, a baseball team...the Los Angeles Dodgers seem to have filed for bankruptcy. This is an opportunity to buy bottoms, and it's a legendary team. Don't let it go for nothing."

Zhen Yu asked, "Will it cost a lot of money?"

Zhou Buqi nodded, "I can't buy it without it, but it's not a big problem. American professional sports are different from European football."

European football is really dark.

There are too many tricks in it.

They are all doing accounts constantly, and there is almost no situation where the club will pay dividends to shareholders.If the club makes a profit this year, it must be invested in the next season's budget.

American sports are different.

There is a salary cap.

You can't even invest.

American sports are commercial sports, with the purpose of making money continuously.After earning money, the bosses can happily share it, without any need to plan for the future.

Because the system of this professional major league is very complete, the team is guaranteed.

How did the Los Angeles Dodgers, a legendary baseball team in the Los Angeles area, file for bankruptcy?

In fact, the team is functioning normally.

It's just a cash flow issue.

The money earned in previous years was taken away by the team owner.In the past two years, the team's wages have exceeded the standard, the luxury tax has been paid a lot, but the results have been poor, which has led to losses.

In fact, the loss was not much, that is, more than 2000 million US dollars.

However, the boss is unwilling to fill the shortfall out of his own pocket.

Asked for money and assistance from the major leagues, but the major leagues refused to give it; wanted to go to the bank for a loan, but the major leagues were worried that the Dodgers would fall into a debt trap, so they still disagreed.

There were only three choices left for the Dodgers: either the owner paid for the shortfall, went bankrupt, or sold the team.The owner of the Dodgers became angry, stopped playing, and simply filed for bankruptcy in the court.

If this is placed in European football, what is it called?

Not to mention the loss of more than 2000 million US dollars, even if it is a loss of 2 million US dollars, the big boss has to invest in it.The big boss doesn't pay, so he can go to the bank for a loan in the name of the club.

The supervision of the American professional league is extremely strict and there are many restrictions, which ensures the continuity of the professional system.

Therefore, regardless of the fact that the Los Angeles Dodgers filed for bankruptcy, there is actually no major problem at all.

Baseball league is extremely profitable, second only to football.

The average annual net profit of each baseball team is $4000 million.

In a big ball market like Los Angeles, as long as the Los Angeles Dodgers are operating normally, it is not difficult to make an annual net profit of 6000 million to 8000 million US dollars.

In other words, owning the Los Angeles Dodgers team can "draw blood" from the team for 6000 million US dollars every year, and this deal will not be bad.

It is much simpler and more direct than the football business.

(End of this chapter)