Chapter 2640 Capital Partners

As long as it does no harm to himself, Zhou Buqi can only accept this reality.

In this process, maximize the benefits for yourself.

Zhou Buqi asked: "What projects do you want to invest in?"

Larry Fink was no slouch, "all."

Zhou Buqi said with a smile: "I can't guarantee that every company I participate in will make money. In fact... many companies and many projects may never make money."

Larry Fink smiled and said: "The meaning of investment has never been to ensure that every project is profitable, but to pursue the profitability of the entire market."

"That's good."

Zhou Buqi nodded.

He told the truth.

He has indeed participated in the development of many companies in many different forms, some directly starting a business, some indirectly starting a business, some making direct investment, some making indirect investment, some directly serving as a director, and some indirectly through others sitting on the board of directors.

Not every company involved is aiming to make money.

For example, Changyou invested in Konami. This investment was not for making money, but a strategic investment to bring Konami to Changyou's front.

Another example is that he has acquired many football teams and trying to make money through these teams is also a big challenge.

Fortunately, as Larry Fink said, the loss of a single project does not matter, as long as most of them are making money, a small part is losing money, and the total statistics can make money.

Since it is "investment in Zhou Buqi", Zhou Buqi does not want those who invest in him to lose money.

Larry Fink has been planning the "Investment Weekly" plan for more than two years. After several struggles, he finally convinced the board of directors to launch the project, so he had to promote the project no matter what.

He even made a very bold judgment.

As long as he promotes this project, in the next few years, Wall Street will have many follow-up projects rushing in, and many products similar to "investment weekly tools" will be launched.

After all, Blackrock Capital is the industry leader.

Many small and medium-sized capital institutions are following Black Rock Capital, poaching people from here, learning its investment strategies, and then attracting investors with lower transaction fees and commissions.

The wealth of hundreds of millions of people in the United States is not stored in banks to earn interest, but most of it is purchased from these Wall Street financial products in search of higher returns.

So when the financial crisis breaks out, the United States will suffer a nightmare financial impact.

Larry Fink said: "We have a dedicated investigation team, and we will participate in every project related to you. We will buy stocks of companies that have been listed. We will also seek opportunities for companies that have not yet been listed. Level market participation to make venture capital. Just like the Elbo I know who makes online design products, I know that this company is in the entrepreneurial stage. As long as there is need, we can provide development funds for it.”

Zhou Buqi nodded, "Elbo does not need financing for the time being."

Larry Fink said: "It doesn't matter. Whenever necessary, Black Rock Capital will participate. For this newly launched investment project, we will form a new team, which will be headed by a senior vice president and report directly to me. .The main job of this team is to follow you."

To put it lightly, the pressure on Zhou Buqi is really quite big.

Fortunately, the pros outweigh the cons.

Black Rock Capital has an amazing influence in the capital society and can connect all levels without any resistance, which allows many of his plans to be implemented relatively smoothly.

Just like Carl Icahn.

He is a short-term speculator, not a guardian of long-term value investing.

Now that PayPal has been successfully listed, its series of capital operations have been completed, and it is time to cash out and return home with a full load.

If Zhou Buqi had not made an agreement with him before, suggesting that he should not withdraw completely, but retain some shares and continue to support himself on PayPal's board of directors, Carl Icahn might have completely withdrawn from PayPal in one fell swoop.

Icahn's company holds approximately 2.2% of PayPal's shares, which is not low.

These stocks cannot be sold in the stock market. This is a smash and will cause PayPal's stock price to plummet. It's best not to make the decision privately and sell it directly to an investment institution.

The most friendly solution is to communicate with the actual controller of PayPal.

It is up to the actual controller to help find an agency to take over.

In this way, after the acquiring institution obtains these stocks and joins the board of directors, it can continue to support the actual controller, thus maintaining the stability of the company and the unity of the board of directors.

If Carl Icahn wants to sell PayPal stock, it will be run by Zhou Buqi.

Zhou Buqi needs to choose a reliable partner to take over.

Previously, he wanted SoftBank to take over.

But in the past few years, he has had too many contacts with SoftBank, and he cannot hang himself on a rope. Moreover, SoftBank's influence in the European and American financial fields is limited, and it is difficult to provide much substantial help for the development of PayPal.

Now, a more powerful Black Rock Capital has emerged.

What an opportunity!

Zhou Buqi smiled and said: "That's a coincidence. There is a project recently. You might as well participate in it."

"Oh?" Larry Fink's eyes lit up, "Is this your project? As long as it's yours, it must be fine!"

Zhou Buqi said: "It's PayPal."

"Okay, very good." Larry Fink, as an expert in capital operations, immediately guessed the possible reason. "Are there early shareholders who want to cash out?"

Zhou Buqi smiled and said, "Yes, it's Carl Icahn."

Larry Fink shook his head, obviously not very appreciative of this person, "He wants to withdraw from PayPal? He doesn't even believe you?"

Zhou Buqi said calmly: "Maybe it's because of different investment models and investment philosophies. He won't change the investment habits he has persisted for decades because of me."

Larry Fink said: "So his company will never be able to grow in size."

The tone was somewhat disdainful.

There are too many investment schools on Wall Street, and competition among them is fierce... It's like a river and lake. There are many sects in the river and lake. Some are good at boxing, some are good at flying kicks, some are good at sword dancing, and some can do magic tricks. The big sword, Carl Icahn, is a recognized demonic cult who specializes in evil ways.

Larry Fink is an upright leader with a good reputation in the industry.

Zhou Buqi is not from Wall Street, and has no interest in participating in the infighting on Wall Street. He said with a smile: "I have convinced him that he will retain some shares and stay on the board of directors to support me. He will probably sell... probably Will sell 1.5% of PayPal's total share capital."

PayPal's current market value is only US$50 billion, and the total value of 1.5% of the share is only US$750 million, which is really not worth mentioning here at Black Rock Capital.

"No problem, you can sign the contract at any time." Larry Fink agreed immediately. "Even if the new project you invest in has not started yet, you can buy it with other projects first. Just transfer it later."

Zhou Buqi glanced at him with a deep look in his eyes, "With 1.5% of the shares, you can enter the top ten of PayPal's shareholder list. I think Black Rock Capital can fight for a director's seat after completing this transaction."

"Um?"

Larry Fink was slightly startled.

Zhou Buqi wanted to win over this capital partner and said calmly: "PayPal was spun off from eBay, but even though it was spun off, there are still many elements of eBay that have not been eliminated. This has restricted the long-term development of PayPal. It will also hinder my deployment of PayPal's strategic plan."

Larry Fink immediately understood what he meant and said without hesitation: "No problem! Black Rock Capital will fight for a director's seat! Then, we will give you the greatest support on the board of directors! Black Rock Capital also had experience in PayPal before. The shares were obtained from the spin-off from eBay, accounting for about 0.6% of the total share capital. Adding this 1.5%, Black Rock Capital has every reason to fight for a director's seat!"

There is no need to hesitate in making this choice.

He must be firmly on Zhou Buqi's side.

Not to mention that he is already promoting the big plan of "investing in Zhou Buqi". Even if he didn't, he would support Zhou Buqi without hesitation when choosing between eBay and Zhou Buqi.

Chasing the rise and killing the fall is the basic rule.

Zhoubuqi has been rising, while eBay has been falling for many years.