Vol 2 Chapter 1145: Baidu market value

The first thousand one hundred and forty-five chapters

Baidu market value

For the directors of "South Africa Standard Bank", they mistakenly thought that they were going to buy nuclear power plant technology and build nuclear power plants, and they agreed to this financing plan. Anyway, it’s not a nuclear power plant. Given my current relationship with France, it’s not too difficult. Of course, it must be difficult for Lin Feng to get a nuclear power plant by himself, but he can make the "Vivendi" company famous and cooperate to build a nuclear power plant in South Africa. Therefore, Lin Feng would not point out the beautiful wrong judgments made by these directors.

Of course, this kind of misjudgment was impossible. After all, a financing case involving tens of billions of dollars, how can the major directors act carelessly. However, Lin Feng used confidentiality as a pretext, and with the shares held by Lin Feng, he was originally trying to suppress many directors who were not united in the inside. In addition, this time the "South African government" has spread the word to require major South African banks to cooperate with Lin Feng as much as possible. Given its convenience, these directors naturally got the green light all the way. We must know that although South Africa has entered modernization, corruption and corruption incidents are still emerging. This time, in order to prevent the funds used by Lin Feng to build nuclear power plants from being privately intercepted or made things difficult by some officials, the South African government has issued a "kill without amnesty". "The command. Whoever dares to hinder South Africa's modernization process will be out of the game and will never tolerate it!

As a result, Lin Feng was not clear about this, and the financing case with a layer of mystery was passed in this way. Of course, whether it is the president and core management of "Second Bank" or "South African Standard Bank", they still know the real goal of this financing plan. Otherwise, they don't even know that this financing plan will simply not pass.

Under the resolutions passed by the "Second World" and "South African Standard Bank", Linfeng currently allocates a total of US$18 billion in funds. The “Second Bank” is 9 billion U.S. dollars and the “South Africa Standard Bank” is 9 billion U.S. dollars. Originally, if you count the 3 billion U.S. dollars of the “Bank of East Asia”, the total should be 21 billion U.S. dollars. It is a pity that Liao Bixin's sudden reversal caused the "Bank of East Asia" to finally reject Lin Feng's financing plan, which made Lin Feng's financing plan somewhat flawed.

However, US$18 billion is barely enough. At most, Lin Feng can raise a little more money by himself. Don’t forget that Lin Feng’s “Second Game” still has more than 4 billion US dollars in circulating funds, which will be used to expand the production base of game consoles in the future. Lin Feng can use these money at any time. As for the issue of repayment in the future, after the "Baidu Portal" is listed, everything will not be a problem.

Of course, US$18 billion is not enough to buy Yahoo. It is absolutely delusional to want to buy Yahoo for less than US$37 billion. However, many acquisitions in this world, no matter which company it is, once it involves such a huge capital acquisition, it is not all acquired with cash, but with cash plus stocks. The 18 billion US dollars in cash in his own hands, plus the equity of "Baidu Portal", is enough to complete the acquisition.

When Lin Feng completed the financing, Robin Li also prepared all the information. Afterwards, Lin Feng signaled that Pete, president of the Second Bank, and Jake Mali, president of Standard Bank of South Africa, and Robin Li signed a financing agreement.

"Second Bank" and "South Africa Standard Bank" each invested 9 billion US dollars to buy 25% of the shares of "Baidu Portal". This 25% of shares is the data obtained after Robin Li hired a world-class accounting company to conduct a detailed evaluation. Originally, the market value of "Baidu Portal" was only about 8 billion U.S. dollars. However, with the launch of "Baidu Earth", it became popular in the market, especially the "Thousand Yuan" mobile phones bundled with "Baidu Earth" became popular in Asia. The market value of "Gateway" has doubled several times, and Lin Feng, the world's richest man, is backing up. Therefore, although it is matched with "Google", the international accounting company's assessment of its market value is still quite optimistic.

The total market value of "Baidu Portal" is currently around US$29 billion!

"Second Bank" and "South African Standard Bank" each hold 25% of the shares. Robin Li's shares have been reduced from 38% to 19%, and Lin Feng's 55% shares have been reduced to 27.5%. The remaining shareholders own the remaining 3.5% shares. . This financing agreement, because "Baidu Portal" was not listed and its registered place was in the Virgin Islands, after Lin Feng paid $50,000, certain officials of the Virgin Islands government agreed to register the news one month later. On file. In this way, Lin Feng does not have to worry about the panic caused by the sudden funding of US$18 billion by "Baidu Portal".

You know, "Baidu Portal" suddenly raised US$18 billion when it was fighting against "Google". This is definitely not good news for the outside world. Many companies will naturally have associations. Why does Lenovo "Baidu Portal" need so much funds? What do you want to do? As long as the caring person carefully considers it, it is definitely not difficult to guess that "Baidu Portal" is a move only when it wants to acquire a certain company. And the companies that "Baidu Portal" can acquire are nothing more than search engine companies in the industry, because only in this way can it fight "google."

Then the answer is ready! The industry with a relatively high market share, in addition to "google", also "Microsoft" "msn" and "Yahoo", other "Baidu portals" are simply insignificant, with a market share of zero percent. A few, this acquisition is useless. And the "msn" of "Microsoft", that is without even thinking about it. You know, "Microsoft" is absolutely not bad at money!

Then, there is only one goal-Yahoo.

Therefore, the officials of the Virgin Islands agreed to help Lin Fengdan to file the financing agreement in one month. The help given to Lin Feng is absolutely no less than the US$18 billion financing of the two major banks.

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So, it’s better! ——Lin Feng sighed again and again in his heart.

50,000 US dollars can make "Microsoft" and "google" paralyze, but the money is worth it.

Of course, after financing, Lin Feng's equity in "Baidu Portal" was only 27.5%, which was much lower than the previous 55%, and he could no longer hold a controlling stake. Moreover, after the separation of equity, it is very easy to become the next "Bank of East Asia" incident. After all, after the listing in one day, Robin Li and other shareholders will suddenly turn back. Then Lin Feng's hard-working "Baidu Portal" will give it away again?

In fact, the "Beauty Bank" incident will never happen to "Baidu Portal" because the financing parties are the "Second Bank" of Lam Fung Holdings and the "Standard Bank of South Africa".

Lin Feng currently holds more than 50% of the equity in "Second Bank" and has absolute controlling rights. It can be said that just counting the shares of "Baidu Portal" owned by "Second Bank" and Lin Feng, it is as high as 52.5%, which has achieved the goal of controlling "Baidu Portal". In the “South African Standard Bank”, although the relationship is a bit more complicated, the “Second Bank” holds 23% of the “South African Standard Bank” and the “Beauty of East Asia” holds 10%. Although now Lin Feng has lost the support of the “Bank of East Asia”, only He only holds 23% of the "South African Standard Bank", but now Lin Feng is a friend of South Africa. Therefore, before Lin Feng and South Africa are completely stalemate, Lin Feng can still get the support of the "South African Standard Bank".

In that way, the shares that Lin Feng can actually control are not only not reduced at all, but even more, up to 77.5%! Even if it goes public in the future, Lin Feng needs to sell some of his shares in exchange for cash. Lin Feng's actual controllable shares still exceed 50%, which is enough to fully control the shares. Moreover, this holding also appropriately weakened the shares of other shareholders, making Lin Feng's equity firmer. Of course, this is somewhat unfair to Robin Li. After all, "Baidu Portal" was founded by Robin Li, but in the end Robin Li became the fourth shareholder and the second largest individual shareholder. This is somewhat uncomfortable.

Lin Feng asked himself, if this matter was put on him, it would definitely be uncomfortable. After all, the company that I created, if I don't have the right to speak in the end, that aggrieved, it can be really painful. But to Lin Feng's surprise, Robin Li himself was very open to this.

"Haha, boss, it's nothing. Although the'Baidu Portal' was founded by me, it has been able to develop to this day, out of the mainland, out of Asia, and gain a foothold in the world. That can only be done under the leadership of the boss. And the'Baidu Earth' Creativity is the exclusive idea of ​​the boss alone. It can be said that your contribution to the'Baidu Portal', the boss, has long been greater than mine. What's more, this financing is to fight against'google', as long as the'Baidu Portal' can become the number one For search engine companies, it doesn't matter if I have less shares!" Li Yanhong said very open-minded.

Lin Feng's heart was warm after hearing this. For Li Yanhong so open-minded, Lin Feng is not a stingy person.

"Mr. Li, if you can successfully acquire'Yahoo' this time and merge it, you will still be the president and CEO of'Baidu Portal' (or Baidu-Yahoo)!" Lin Feng promised.

Li Yanhong's eyes lit up when he heard the words. Although he has reduced his shares and is no longer the largest shareholder of "Baidu Portal" and is extremely open-minded, he is not so open-minded for the position of CEO. After all, people have such a bit of vanity. If you create the "Baidu Portal" by yourself, if you end up in an unimportant position, Robin Li will never accept it. Now Lin Feng has promised that after acquiring Yahoo, he will still be the new president of the company, which makes Li Yanhong happy.

We must know that once "Yahoo" is acquired, the market value of this brand-new company will be at least about 70 billion U.S. dollars. If the battle with "google" is won again, then "Baidu Portal" will be able to enter the 100 billion market value club.

And he, Robin Li, is the CEO of this club with a market value of 100 billion yuan. This honor is a beautiful reward for Robin Li!

Excited, Li Yanhong also asked questions that had been deposited in his heart for many days.

"Boss, when is our company going to go public?" Li Yanhong asked.

Lin Feng smiled. On this day, Lin Feng had already thought about it!