Chereads / Almighty Athlete (Updated) / Chapter 87 - Investment

Chapter 87 - Investment

The welcome banquet of the Olympic Committee ended at around 8:30 in the evening. This official banquet usually ends before 9:30. And at ten o'clock in the evening, Zhang Guan had appeared in the office of Fidelity Investment Company Huang Weida.

"At present, I have 15 million euros of funds. I want to divide this fund into three parts for investment." Zhang Guan said.

Huang Weida nodded. At the current exchange rate, 15 million euros is almost equivalent to 140 million Hong Kong dollars. If calculated as a one-time investment, it is also a considerable amount in Hong Kong. In addition to the top few rich people, ordinary first-class rich people also need some time to raise such a large amount of funds.

"It seems that Mr. Zhang already has the direction of investment. I don't know what the specific needs are?" Huang Weida said.

"I plan to spend six 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 a fancy real estate industry in Hong Kong." Huang Weida showed such an expression. Over the past few decades, Hong Kong's real estate industry has created a large number of wealthy merchants. Almost every Hong Kong's top rich people are inseparable from the real estate industry. Hong Kong's richest man, Li Charoen, started with real estate. Especially in recent years, the political situation has been stable, and investment in the real estate industry is also said to only earn no compensation. Nine out of ten investors will be optimistic about real estate investment.

Just listening to Huang Weida said: "The real estate industry is indeed one of the best investment directions in Hong Kong at present. Hong Kong is worth every inch of land, and the land will only become more valuable. Mr. Zhang can also consider investment in housing."

"Residential housing will rise, but I am more optimistic about Hong Kong's business. Especially after opening up to free travel, I believe there will be more and more tourists coming to Hong Kong. I think at least within ten years, the business will attract tourists to Hong Kong which is the biggest advantage, so I chose to invest in shops." Zhang Guan said.

Huang Weida nodded. Although Zhang Guan said something ambiguous, Huang Weida was able to hear what Zhang Guan said, 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 does not agree with Zhang Guan's views. He thinks that if people want to buy things, they first need to have money. The mainland is poorer than in Hong Kong. Hong Kong's things are more expensive than the mainland. The poor buy expensive things. This is not very possible. This was the idea of ​​most people at that time. At this time, people around the world would not think of it, how earth-shaking changes will take place in China in the next ten years!

As a later generation, Zhang Guan naturally knows how crazy it is for mainland tourists to buy things in Hong Kong after seven or eight years. In the next ten years, the prices of shops in the prosperous areas of Hong Kong have increased by dozens of times. The opportunity to collect rent every year is a huge income. At that time, Hong Kong's talents realized that housing is copper, office buildings are silver, and shops are real gold!

Six million euros is equivalent to more than 50 million Hong Kong dollars. This amount of money is not much. It may not even be available in a larger store ten years later, but in this era, due to last year's acute respiratory syndrome, Hong Kong's land prices have fallen sharply, especially the worst for shops. Nowadays, at least a few shops with a good location and a small area can be bought.

Zhang Guan continued: "Also, I want to invest in the stocks of American companies. I plan to spend seven million euros to buy apple company stocks."

"Apple company?" Huang Weida thought carefully, and then said: "Pardon me, bluntly, I think the current fruit company stock has reached a relatively high price, I think this is not a good investment choice."

Huang Weida talked about tapping on the computer for a long time, and then turned the monitor to Zhang Guan, then said: "In the past few years, the apple company's stock price has been low. After Mr. Qiao returned to apple, he developed a portable The media player iPod, although this has brought a lot of profits to the apple company, and also made the apple's share price rise. However, in recent years, a large number of cheap cottage products similar to the iPod have appeared in the market. In terms of personal PCs, there is still no improvement. IBM and HP still occupy the main position of personal PCs. Also, even the PC business in recent years is growing rapidly, so I am not optimistic about Apple's stock income. "

Zhang Guan stared at Huang Weida's display, which showed the share price of the fruit company in recent years.

"The price of more than twenty dollars is also high! This is about to make a fortune!" Zhang Guan was already very excited. The share price of the apple company has increased from more than ten dollars to more than twenty dollars in recent years. This price is invested in It is already very high in people's eyes, but Zhang Guan knows that in the future, the share price of the apple company will climb to nearly 700 US dollars. If you invest 6 million euros to buy the shares of the apple company, the future market will exceed 200 million US dollars.

Thinking of this, Zhang Guan said: "I believe that Joe is not dead. He is a genius. He will be able to come up with electronic products across the ages, so I am very optimistic about investing in apple stocks."

"Okay." Huang Weida nodded. He has also seen many self-willed investors. These people often have extreme self-confidence in themselves, and the confidence shown by Zhang Guan. Huang Weida knows that if he persuades, Zhang Guan will not change his mind.

"The remaining funds, I want to invest in an American company." Zhang Guan paused, then said: "I don't know if you have heard of a social networking service website in the United States called FB?"

"FB? What's the relationship with FB?" Huang Weida made a joke, and then said: "Social networking is an emerging industry, I don't know about it."

"FB is a social networking website in the United States. It should have only appeared half a year ago. Its founder is a student at the computer department of Harvard University. I think this website is very promising. I want to buy this website." Zhang Guan said.

"Can this be regarded as an angel investment?" Huang Weida asked.

Zhang Guan nodded, and then said: "You can also think so, but I don't want a fixed return, I hope to be able to hold equity in the website."

"Equity? This may be more troublesome. If you are an American, it's okay to say, if you are not an American, you need some very complicated legal procedures." Huang Weida estimated it in his heart and then said: "Through my company, It should be no problem to operate in an authorized manner. It is declared that you are an angel investor and only responsible for providing funds, and the investment decision is made by the investment company so that it can save a lot of trouble from the legal aspects. Americans invest in Hong Kong nationals, so the company's review will not be so strict, but you may need to give up some rights and interests, such as the company's right to speak, and even in the future you will not be able to participate in the company's decision-making as a major shareholder. "

"This is no problem. I don't have any decision-making power at all. This point can be waived, but the amount of equity must be guaranteed." Zhang Guan paused, then said: "I can accept a two-tier equity structure, even with zero voting rights. Yes, but I must ensure the share of the shares I occupy and agree on the proportion of new shares of common stock. "

The double-layer shareholding structure is the amulet of FB founder Zack. 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 power of the board of directors. The major shareholder signed the 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 the Wall Street snipers acquired FB on a large scale. The stock is still not Zac's opponent in terms of board voting power. At the same time, FB also stipulates that Class B shares will automatically become Class A shares when they are cashed out, so the value of Class A and Class B stock markets are the same, and also ensures that Zac will not sell his shares, so the voting power in the board of directors will only increase but not decrease.

As for the proportion of new shares of common stock, it is a means to prevent share dilution. Zac used this method in January 2005. At that time, FB issued 9 million new shares, while Zack himself accounted for 3.3 million shares. In the end, Zac's shareholding ratio remained unchanged, while Savelin, the second-largest shareholder of FB, was reduced to less than 10%.

It is now September 2004. FB is in the biggest trouble since its founding. They were brought to court by another social networking site. It is very expensive to sue someone in the United States, but Zac has no money. Without money, let alone a lawsuit, he can't even turn on the server. If you miss this investment opportunity, even three months later, if you want to invest in FB, you will have to spend tens of millions of dollars of funds.

The original American investor Peter Theil will appear shortly after. As an angel investor, he wanted FB to invest 500,000 US dollars and obtained 9% of FB equity at that time, and this investment brought him a billion dollars return. However, he sold a large number of shares in the early days of FB's IPO. At that time, the price of 20 US dollars per share had already made Peter Theil ecstatic. But then FB's stock price soared over 100 dollars.

When FB went public, Peter Theil's $ 500,000 eventually became thinner to FB's 44 million shares of Class B shares, accounting for 2.5%, while founder Zack had more than 500 million Class B shares. At this point, Zhang Guan is more greedy. He wants more than Thiel. Zhang Guan can give up his interest in class B shares. Even if he holds all class A shares, it does not matter, but he must have a more shareholding ratio. Zhang Guan knows that after the subsequent financing, his equity will also be gradually diluted. If he can refer to Zac's share ratio, even if it is slightly lower, the future FB will hold at least 20% of the proportion. If calculated according to the market value of FB's 200 billion US dollars, 20% of the stock value will reach 40 billion US dollars.

It the first time Huang Weida saw a customer like Zhang Guan, every request looks very special. Investing in real estate is a fairly satisfactory decision. Nowadays, everyone in Hong Kong is also keen to buy a house, but everyone is buying a house, and the interest in shops is not as high as that of a house; the apple company's stock has risen to the end in Huang Weida's view. The fourth-generation iPod launched is just thinner, and there is not much breakthrough in function, which makes Huang Weida not very optimistic about the future of apple; and investing in a website that has not been heard is more like a dice game.

However, Huang Weida finally respected Zhang Guan's decision. He said: "I will make the relevant authorization and legal texts. When you go back, my company will send someone to contact you."