Reborn Millennial Gamer

Chapter 101 Single Chapter: mih PCCW and Penguin

Here are two simple sentences to prevent repeated questions in the chapter.
(1) MIH invested in Penguin, why only Lu Fei's equity decreased?

Because this is not equity financing, but equity transfer investment.

Shareholders of the company transfer their own shareholder rights and interests to others with compensation according to the law, and make a price from it to obtain the price difference.

For example, Lu Fei repurchased from Li Zekai, and MIH obtained equity from Lu Fei.See Chapter 91 for details.

Some people always ask why Feigou.com didn't dilute in the first round, and that's the root cause.

In 00, VC and PE financing were very rough, far from fine now.

For example, you can refer to Lu Huateng’s 40% equity in the first round of financing, which was exchanged for 220 million US dollars.

(2) Why didn't mih take the initiative to find Li Zekai?
First of all, in 2001, information was blocked, and the Internet was not as developed as it is now, let alone the mainland and Hong Kong.

In mih reality, at the beginning, I didn’t know that Li Zekai was going to sell 20% of the shares. It was Ma and Zeng who took the initiative to connect them with Idg and Yingke.

Will Lu Fei be stupid enough to contact him?

In addition, mih does not have a strong capital background. In addition to some money, even if the shares are taken privately, the major shareholders can have many ways to clear away the small shareholders.

mih will not and dare not take the initiative to contact.

Li Zekai, on the other hand, is busy solving the debt of 1000 billion Hong Kong dollars. In the setting of the novel, because Xu Jinheng exposed him and Lu Fei, he is full of news, and he can't take care of it.

It can be said that the mind is not on the penguin's millions of dollars, and he is surrounded by Xiangjiang people. How can he understand the news from the mainland?

This is because of the poor information in the middle, Lu Fei killed mih and blocked PCCW.

oo, I don't know if I made it clear?

(End of this chapter)