The Olympic Committee welcome dinner in the evening ended around 8:30, and this kind of official banquet usually ends before 9:00. At ten o'clock in the evening, Zhang Guan had already appeared in the office of Huang Weida of Fidelity Investment Company.
"Currently I have 15 million euros in funds. I want to divide this funds into three parts for investment." Zhang Guan said.
Huang Weida nodded. According to the current exchange rate, 15 million euros is almost equivalent to 140 million Hong Kong dollars. If considered as a one-time investment, it is a considerable amount in Hong Kong. Except for the top few wealthy people, it will also take some time for ordinary first-class wealthy people to raise such a large amount of funds.
"It seems that Mr. Zhang already has an investment direction. I wonder what the specific needs are?" Huang Weida said.
"I plan to spend 6 million euros to invest in shops in popular areas of Hong Kong. What I need are projects that will not face demolition for at least ten years." Zhang Guan said.
"It turns out that Mr. Zhang is interested in the real estate industry in Hong Kong." Huang Weida showed a true expression. Over the past few decades, Hong Kong's real estate industry has created a large number of wealthy businessmen. Almost every top tycoon in Hong Kong is inseparable from the real estate industry. Hong Kong's richest man, Li Chaoren, even started his career in real estate. Especially in recent years, the political situation has been stable, and investing in the real estate industry means that you can only make a profit without losing money. Nine out of ten investors are optimistic about real estate investment.
Just listen to Huang Weida say: "The real estate industry is indeed the best investment direction in Hong Kong at present. Every inch of land in Hong Kong is precious, and land will only become more valuable. Mr. Zhang can also consider investing in residential properties."
"Residences will definitely rise sharply, but I am more optimistic about Hong Kong's business. Especially after the opening up of free travel, I believe more and more tourists will come to Hong Kong. I think that at least within ten years, business will be the main attraction for tourists in Hong Kong. The biggest advantage, so I chose to invest in shops." Zhang Guan said.
Huang Weida nodded. Although what Zhang Guan said was relatively vague, Huang Weida could understand the meaning of Zhang Guan's words, that is, more and more mainland tourists will come to Hong Kong in the future, and their purpose is mainly to buy things. .
Huang Weida doesn't quite agree with Zhang Guan's view. He thinks that if people want to buy things, they first need to have money. The mainland is poorer than Hong Kong, and things in Hong Kong are more expensive than those in the mainland. It is obviously not appropriate for the poor to buy expensive things. possible. In fact, this was what most people thought at that time. At this time, no one in the world could imagine how earth-shaking changes China would undergo in the next ten years!
Zhang Guan, as a later generation, naturally knows how crazy mainland tourists were when they went to Hong Kong to buy things seven or eight years later. In the next ten years, the prices of shops in Hong Kong’s prosperous commercial areas increased dozens of times. At that time, shops were printing money. Machine, the annual rent collected is a huge income. At that time, Hong Kong people realized that houses are copper, office buildings are silver, and shops are real gold!
Six million euros is equivalent to more than 50 million Hong Kong dollars. This is not a lot of money. In ten years, it may not even be able to buy a larger shop. However, in this era, due to the acute respiratory syndrome last year, Hong Kong Land prices have plummeted, especially for shops. Now you can buy at least a few shops with good locations and large areas.
Zhang Guan continued: "I also want to invest in the stocks of American companies. I am going to spend 7 million euros to buy the stocks of the fruit company."
"Fruit company?" Huang Weida thought carefully, and then said: "With all due respect, I think the current fruit company stock has reached a relatively high price, and I think this is not a good investment choice."
Huang Weida was talking and typing on the computer for a long time, then turned the monitor to Zhang Guan, and continued: "In the past few years, the stock price of the fruit company has been at a low level. After Mr. Qiao Bushi returned to Fruit, he developed a portable The media player iPod, although this has brought great profits to Fruit Company, and also caused Fruit's stock price to rise. However, in recent years, a large number of cheap iPod-like knockoff products have appeared on the market, and Fruit Company In terms of personal PCs, there is still no improvement, IBM and HP still occupy the main positions of personal PCs, and even Xiangxiang’s PC business has been growing rapidly in recent years, so I am not optimistic about Apple’s stock returns.”
Zhang Guan stared at Huang Weida's monitor, which showed the stock price of the fruit company in recent years.
"The price of more than 20 US dollars is also high! Now you are going to make a fortune!" Zhang Guan was already extremely excited. The share price of the fruit company has risen from more than 10 US dollars to more than 20 US dollars in recent years. This price is very good for investment. In people's eyes, it is already very high, but Zhang Guan knows that the share price of the fruit company will climb to close to 700 US dollars in the future. If he invests 6 million euros to buy the shares of the fruit company now, the future market value will definitely exceed 200 million US dollars.
Thinking of this, Zhang Guan said: "I believe that Qiao will not die. He is a genius. He will definitely be able to come up with electronic products that transcend the times, so I am very optimistic about investing in fruit stocks."
"Okay." Huang Weida nodded. He had also seen many willful investors. These people were often extremely confident in themselves. From Zhang Guan's confidence, Huang Weida knew that Zhang Guan would not change his mind no matter how much he tried to persuade him. .
"I want to invest the remaining funds in an American company." Zhang Guan paused and then said: "I wonder if you have heard of a social network service website in the United States called FB?"
"FB? What does it have to do with the FBI?" Huang Weida joked, and then said: "Social networks are a new industry, and I don't know much about it."
"FB is a social network website in the United States. It should have just appeared half a year ago. Its founder is a computer science student at Harvard University. I think this website is very promising and want to invest in this website." Zhang Guan said. .
"Can this be regarded as an angel investment?" Huang Weida asked.
Zhang Guan nodded and continued: "You can think so, but I don't want a fixed return. I hope to hold equity in the website."
"Equity? This may be a little more troublesome. If you are an American, it's okay. If you are not an American, you will need some very complicated legal procedures." Huang Weida made an estimate in his mind, and then said: "If you go through my company, There should be no problem if you operate in an authorized manner. Claim to the outside world that as an angel investor, you are only responsible for providing funds, and investment decisions are made by the investment company. This can save you a lot of legal trouble. Americans investing in Hong Kong The company's review will not be so strict, but you may need to give up some rights, such as the right to speak in the company, and you may not even be able to participate in the company's decision-making as a major shareholder in the future."
"There is no problem with this. I don't want any decision-making power in the first place. I can give up this point, but the amount of equity must be guaranteed." Zhang Guanhua paused and then said: "I can accept the dual-class share structure, even with zero voting rights. Yes, but I must ensure the share of shares I occupy and agree on the proportion of new shares of common stock.”
The dual-class share structure is the talisman of FB founder Zach. He divided FB's shares into two types, one is Class A shares with ordinary voting rights, and the other is Class B shares with ten times the voting rights of the board of directors. He himself holds more Class B shares and also shares with many The major shareholder signed a voting proxy. In this way, he enjoyed 56% of the voting power of the board of directors with only 24% of the shareholding, thus completely controlling the company, even if Wall Street snipers were to acquire FB on a large scale. ’s stock is still no match for Zack in terms of board voting power. At the same time, FB also stipulates that Class B shares automatically become Class A shares when sold for cash, so the market value of Class A and Class B stocks are the same. It also ensures that as long as Zach does not sell his shares, then he Voting power on the board of directors will only increase.
As for the proportion of new ordinary shares, it is a means to prevent share dilution. Zach used this method in January 2005. At that time, FB issued 9 million new ordinary shares, but Zach himself occupied 3.3 million shares first. , in the end, Zach’s shareholding ratio did not change, but the original shareholding ratio of Saverin, FB’s second largest shareholder, was reduced to less than 10%.
Now it is September 2004. FB is in the biggest trouble since its founding. They were sued by another social networking site. Litigation in the United States is very expensive, but Zach has no money. If he didn’t Money, let alone litigation, even the server can't be started. If you miss this investment opportunity, even if it is three months later, you will have to spend tens of millions of dollars to invest in FB.
Originally, the American investor Peter Thiel would appear soon. As an angel investor, he invested US$500,000 in FB and obtained 9% of FB's equity at the time. This investment brought him one billion US dollars. s return. However, he sold a large number of shares in the early days of FB's IPO. At that time, the price of $20 per share had already made Peter Thiel ecstatic. But then FB’s stock price soared to over $100.
When FB went public, Peter Thiel's $500,000 was eventually diluted to FB's 44 million Class B shares, accounting for 2.5%, while founder Zach owned more than 500 million Class B shares. At this point, Zhang Guan is obviously more greedy. He wants much more than Thiel. Zhang Guan can give up the rights and interests of Class B shares. It doesn't matter even if he holds all Class A shares, but he must possess more. shareholding ratio. Zhang Guan knows that after subsequent rounds of financing, his equity will inevitably be gradually diluted. If he can refer to Zack's stock ratio, even if it is slightly lower, he will hold at least 20% of FB when it goes public in the future. If calculated based on FB's market value of US$200 billion, the value of 20% of the shares will reach US$40 billion.
This is the first time Huang Weida has met a customer like Zhang Guan, and every request seems very special. Investing in real estate is a decent decision. Nowadays, everyone in Hong Kong is keen on buying properties, but what everyone buys is residences. The interest in shops is obviously not as high as residences. According to Huang Weida, the stock price of the fruit company has reached its end. The fruit has just The launch of the fourth-generation iPod is just thinner, and there is not much breakthrough in functionality. This makes Huang Weida not optimistic about the future of fruits; investing in a website that he has never heard of is more like squeezing in a dice game. leopard.
However, Huang Weida finally respected Zhang Guan's decision and said, "I will prepare the relevant authorization letters and legal documents. After you return, my company will send someone to contact you."
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The first chapter is presented, please vote for recommendation!
(End of chapter)