Wall Street Legend

   Chapter 143 Misjudgment (24)

  IDG Group is headquartered in Boston, and the main persons in charge are several wealthy Chinese.

Ye Dongqing told them last night that he was interested in the 7.2% of Tencent shares and wanted to have a face-to-face meeting with them, so the next morning, a middle-aged man surnamed Li drove to the agreed place , Puchuan Building.

Bonnie already knew the news, as long as the shares were not acquired by MIH Group, he didn't care even if Ye Dongqing increased his holdings, because he voluntarily gave up the decision-making power of all the shares in his hand, and handed over the power of managing the company to Bonnie Ma , so in his eyes, Ye Dongqing is on his side and will not have much impact on Tencent.

   When it comes to South African MIH Group and IDG Group, it is also a coincidence that this company values ​​Tencent.

  In 1999, ICQ, a subsidiary of America Online, sued Poni for OICQ infringement. At that time, Tencent didn't have much money to pay, so that Poney wanted to sell him for 3 million yuan, and the highest offer was only 600,000 yuan.

Bonnie felt that it was too little, so he went to borrow money from his friends. A friend told him that if he really went bankrupt, he didn’t have to worry about how to pay back the money, as long as he didn’t use Tencent’s stock to offset the debt. Then he met Ye Dongqing last time. Zeng Qing, who was in front of him, drew the first investment from IDG. The market value was calculated at 5.5 million U.S. dollars. He sold 20% of the shares of PCCW to IDG and Superman respectively, and received a total of 2.22 million dollars in financing.

Later, when the Internet bubble collapsed, Yahoo’s market value shrank from more than 90 billion U.S. dollars to more than 8 billion U.S. dollars, and Amazon’s stock price dropped sharply from 23 billion U.S. dollars to more than 3 billion U.S. dollars. , in the MIH group under the South African media giant Naspers, a foreigner accidentally saw in an Internet cafe that every computer was equipped with QQ software, and made up his mind to invest, based on a market value of 60 million U.S. dollars. At that time, QQ could grow by 500,000 a day users.

Later, it gradually evolved into the situation before Ye Dongqing entered the game. The 7.2% of the shares held by IDG was also a small amount left at that time. In fact, after Ye Dongqing decided to raise 50 million US dollars this time, According to Mr. Li's idea, Ye Dongqing needs to pay 27 million US dollars to get it.

Danshui Investment Group has recently made a sum of money, which he can figure out. They were sitting in the office at ten o'clock in the morning, and Ye Dongqing was telling him, "I can accept your offer. The only requirement is that I hope to The payment time has been extended to two months. You know that I just paid 50 million US dollars, and I still have the ability to perform the contract, but I need to give me time to raise the funds. If I can accept it, then within a few days I can sign an agreement with you."

The price of crude oil has risen too crazy recently, and he is already preparing to short. The reason is the same as Tencent’s delayed payment. He still plans to use the funds on hand to make a fortune before paying, so as to miss this period of crude oil skyrocketing. After that, the next time I try futures may be at the end of 2003, and at the beginning of 2004, Ye Dongqing remembers filling up the car by herself at that time, and the price of oil has been rising continuously, as if it would never rise to the top.

   At the peak, he remembers that it rose to more than 140 US dollars a barrel. Unfortunately, the risk was too high. It is better to invest in these companies. The overall increase is true, but the short-term fluctuations are not expected to be small.

   "Two months? I will talk to the boss. It should be no problem. You can pay seven million dollars up front, and the rest will be paid to us after the capital turnover comes."

   "That's really great. I will send someone to continue communicating with you and finalize the transfer agreement." Ye Dongqing said with a smile.

  This kind of business that you like and I like, it is not troublesome to negotiate. He doesn't want to cause troubles because of a little money, so he doesn't even mean to bargain. In fact, the other party's offer is reasonable.

  Internet companies have had a hard time in the past two years. Washington has lowered the threshold for mergers and acquisitions. Such transfers of equity between American companies and American companies can reduce a large amount of taxes to keep the entire industry alive.

  Ms. Vigo was also in his office, knowing that it was time to play by herself, and talked about specific payment and transfer matters.

  Ye Dongqing went out and called Boni to inform that the negotiation had been concluded. For such a number of share transfers, it was necessary to speak to the CEO.

   Carneg has been in California for more than half a month. At this time, he called to report to Ye Dongqing.

A few days after the first batch of temporary salesmen finished their training, they "harvested" all their relatives and friends. The total purchase amount exceeded 6 million US dollars in just three days. It is worthy of being the richest state in the United States. , There are more people who have money to buy wealth management products.

Not only is the business in California going smoothly, but in New York, the headquarters of Freshwater Investment Group, these high-return financial products are gradually attracting the attention of some rich people, and occasionally there are hundreds of thousands or millions of dollars. With large purchase orders, the funds are suddenly abundant, and soon they are invested in bonds, stock markets, and money markets, and the scale is expanding day by day.

  Because the share of warrants mainly comes from Apple, Amazon, Netflix, etc. are relatively small, and the premium is too high, so it is still in a state of loss.

Apple's stock price has fallen slightly recently, and today's opening price is only seven dollars and sixteen cents. The recent rise in the stock market has not been strong enough, and it even suffered a slight loss. This is all supported by the performance of the futures market, and the capital flow is completely absent. question.

  Ms. Vigo’s gossip is correct. The rich and fat little Edward of Johnson’s family has indeed been speculating in crude oil futures recently. The total value of the positions in his hands is about 200 million US dollars, and the profit has exceeded 10%.

This made him swell, thinking that crude oil futures are no big deal. Little Edward's mother, a capital tycoon in charge of Fidelity Investment Group, gave some advice on this transaction. When it comes to the channels for obtaining first-hand information, this guy is more Ye Dongqing has too many advantages.

After all, Ye Dongqing was too cautious, so that he misjudged the situation. He knew that the price of crude oil would rise before the war broke out, but he didn't know how much it would go up. He thought that four dollars was a risk, but at the beginning of March, the price of crude oil futures It jumped to more than 30 US dollars, and soon broke through the 31 and 32 US dollars mark!

A large part of the funds under Little Edward's management were invested in the bond and stock markets. Seeing such a situation, he finally couldn't bear it anymore and violated the agreement and asked Ye Dongqing to use the funds to continue to increase the position. Little Edward unilaterally decided to tear up the agreement, took out the money and invested it himself, and would rather share half of the total profit as compensation.

Ye Dongqing didn't want him to withdraw, because he wanted to use the money to go short next, but little Edward had made up his mind, so it was useless, maybe because of the inside information, and just like that, their short-term cooperation quickly shattered .

  (end of this chapter)