Reborn as a trillion-dollar real estate tycoon, Boss Yang calls him daddy

Chapter 129

Shen Fei was surprised by why Lin Yuan's acquisition of Twitter was so fast until many years later.

This.

Lin Yuan himself is also very proud.

Because of the negotiation between him and Ivan, it took less than three hours in total.

In fact.

If you don't count the time when two people have a meal, it may be that the time for normal negotiation is only an hour.

With an investment of $22 million, Wanli Investment got 22% of Twitter's shares.

It is a little different from Shen Fei's earliest estimate.

This is Lin Yuan's decision.

"They don't plan to sell their entire stake."

Lin Yuan said in a phone call to Shen Fei: "Ivan told me that they are going to change the company's CEO, let Jack Dorsey get out, and at the same time make changes to the company, so I think 22 percent of the shares are okay." "

Shen Fei held the phone and was silent for a long time.

Let's be honest.

He didn't expect that Lin Yuan would make this decision.

But if you think about it carefully, what Lin Yuan said actually makes sense.

If you want to buy this company wholly, you will have to spend at least three or four hundred million dollars, and you will lose the support of Wall Street afterwards.

Many people think that the development of an Internet company has nothing to do with capital, as long as the company's technology meets the standards and the user group is enough.

In fact, this is a very wrong and naïve idea.

The development of Internet enterprises has always been closely related to capital.

Without the intervention of capital, how can the valuation of those Internet companies soar?

Plainly.

The market value of Internet companies is rising, and the driving force behind it is these Wall Street capitals.

Capital is well aware that it can only make money if it keeps pushing up the valuations of these companies.

Actually, the reason is very simple.

For example, if a company is valued at $100 million, and a certain capital invests $20 million to get 20 percent of the shares, then another "483" company invests $100 million and gets 20 percent of the shares, and the shares of the previous company are diluted to 10 percent.

It seems that the shares have decreased, but in fact, because the company's valuation has reached 500 million US dollars, the company that invested before, 20 million principal, has increased to 50 million.

This is the operation of capital.

The so-called financing is actually a process of beating the drum and passing the flowers.

After the listing, the money can be paid for by those shareholders.

The continuous intervention of investment institutions has made the company's valuation continue to rise, so as to attract more and more investors' attention, which is the reason why the value of many Internet companies is inflated.

Thinking of this, Shen Fei nodded and said to Lin Yuan: "In this way, the profit we can obtain may not be as high as we thought before." "

"More than 20 million yuan of investment is only, according to what you said before, this company may be listed within five years, if we can still have more than 10% of the stock by then, it will definitely not be a loss."

Lin Yuan said slowly.

He actually didn't approve of Shen Fei's previous mode of operation, if he really did it according to Shen Fei, soon Wanli Investment would be blacked out by Internet companies all over the world, after all, the appearance of cashing out and leaving the market was too ugly.

"Okay, so be it."

Shen Fei thought about it, and finally agreed to Lin Yuan's request.

As he said, if the investment of 20 million US dollars can still occupy 10% of the shares when it is listed, it is not surprising that the rate of return is also very high.

Many people actually have misconceptions about the issue of return on investment.

Real investment is not like in novels or film and television dramas, the return on investment is often hundreds of times, dozens of times, that is all nonsense.

The risks and returns are always equal, and it is certainly pointless to ask for how much return you have without mentioning how much risk you take.

The average annualized rate of return of private equity funds in the primary market, commonly known as the venture capital industry, is about 15%, and more than this number is considered successful.

In fact, most of the venture capital projects are either very profitable, or lose all their money, fifteen percent is basically an average figure, and it is also a figure that can only be achieved by relatively good institutions, as long as the principal can be recovered, it is already a relatively successful investment, if you can consider the time value of the currency to earn a risk-free interest rate, it is better, if you can exceed the common threshold return of eight percent, then it is very profitable.

It sounds outrageous, but Shen Fei knows very well that this is the truth.

There is a saying in the stock market that investment is risky, and you need to be cautious when entering the market, which is very reasonable.

Whether it is angel investment or venture capital, there is actually a certain amount of risk.

Even Warren Buffett, who is known as the stock market, and George Soros, who is known as the financial butcher, their venture capital funds will lose money, let alone ordinary people.

One of Warren Buffett's collaborators said that, in fact, 80 percent of the stocks Buffett invests in are losing money, and the reason why it seems to be making money is because the return on investment of the other 20 percent is too high.

Of course.

This is actually of no reference value for Shen Fei, after all, he has the advantage of foresight, which can make his investment success rate higher.

But the problem is that Shen Fei also knows that without the promotion of those capital institutions, the companies he invests in may not develop so well.

Therefore, when Lin Yuan proposed to change the plan, Shen Fei would gladly accept it.

Because he realized what it was too much.

Putting down the phone, Shen Fei took a deep breath and shook his head helplessly.

I'm still a little carried away!

The continuous success since the rebirth has made me look down on everyone a little.

This kind of thinking is actually very dangerous!

History is being changed little by little, and the prophetic advantages that you can rely on in your mind are gradually shrinking.

After all, in his previous life, he was just a director who was mixed up in Hengdian, and it would be outrageous to think that he could rely on his foresight to beat the elite of this era.

So.

Carefully continue to make money and constantly improve yourself, this is what Shen Fei should do now.

........................

Shen Fei knew very well what he needed, so he had a clear purpose no matter what he did.

And he also knows that in this situation, it seems that he needs an opportunity to make money.

In the early stage of the Internet field, it was basically a meat bun beating a dog and burning money without returning, which is an inevitable result.

So, for the time being, you won't see a return.

In this case, what Shen Fei has to do is open source!

He was looking for an opportunity to make cash.

The entertainment industry is one thing, and the financial industry is not unacceptable.

However, the risk coefficient of the domestic financial market is too high, and Shen Fei still has his eyes on foreign countries.

"Eagle sauce."

Shen Fei sat on the sofa and muttered something to himself.

He was recalling just how big the subprime mortgage crisis really was.

In my impression, if I remember correctly, although the United States in 08 stabilized the impact of the subprime mortgage crisis, the resulting global financial tsunami swept the world.

In later generations, Shen Fei remembered very well that he had seen a news.

Jacky Cheung held 200 concerts from 2016 to 2018, which was basically a continuous rotation.

Jacky Cheung is fifty-eight years old and can't stand the toss, the reason why he is so desperate to make money from concerts is actually forced by life.

As early as 07, Jacky Cheung planned to quit the music scene and live a comfortable life.

As a result, when Jacky Cheung went to the bank to make a deposit, he was told by the bank clerk to invest his money in a real estate bond with a yield of up to 10 percent.

The seller of the high-yield bond was Lehman Brothers, the country's fourth-largest investment bank.

And then.

In September '08, Lehman Brothers went bankrupt, which was not only the largest investment bank bankruptcy in the history of the United States, but also became the prelude to the global financial tsunami in '08.

Jacky Zhang really poured blood mold for eight lifetimes, and the savings he invested in it were lost, and he couldn't live in peace of mind, so he had no choice but to make a comeback.

In 08, in the video advertisements of major office buildings on Hong Kong Island, the "God of Song" Jacky Cheung, who had not appeared for a long time, appeared in a New Year's promotional video shot for an amusement park on Hong Kong Island.

Since then, he has begun to hold frequent concerts, participate in movies, and shoot commercials.

On the surface, he seems to be very active, and he can help the police catch fugitives, but who knows the bitterness in Jacky Zhang's heart?

It was not only Jacky Cheung who stepped on the thunder back then, but also a Hong Kong Island star.

The bond that Jacky Cheung bought was the "star wealth management product" of the year, and many Hong Kong Island celebrities were recommended to buy this.

Liu Ruoying, who was about to retire, even lost all the money for her retirement in the future, and embarked on the old path of Jacky Cheung, even if her knees were injured, she had to make money by shooting advertisements.

Zeng Zhiwei's family was also cheated by Lehman Brothers, and his daughter Zeng Baoyi cried on her blog: "This time I really have no money, I'm afraid I even have to start my life again." "

This is the truth, people who are dozens of years old, and they still have to advertise web games, wearing armor and carrying dragon slaying knives, muttering "equipment recycling, trading freedom, true legends, true brothers".

Against the backdrop of the subprime mortgage crisis, the financial tsunami will not lag behind. (If you read a violent novel, go to Feilu Novel Network!) ）

This was something that Shen Fei had just remembered.

He only remembered that the United States seemed to start bailing out the market in May 08, but he forgot that although the real estate market was stable, the financial market was thunderous.

After all, real estate and finance have always been closely related.

In fact, just like Dongying 20 years ago, the money in the United States flows to real estate, and it is also done on its own initiative.

In the 80s, Reagan came to power, and in order to cope with the economic crisis, the United States began to issue US bonds, raise interest rates, and print money frantically.

As a result, the rate of return on buying U.S. bonds is too high, much more than the hard-earned manufacturing industry.

In this case, if the bosses of the rice factories want to make money, they will either move the factories to Southeast Asia, Huaguo, where workers are cheap to reduce costs, or they will close the factories to play in finance and real estate, and there is no other choice.

Giving up manufacturing and playing finance is like poison, and once you don't want to look back.

Of course.

In Shen Fei's opinion, it is normal for this kind of behavior to occur in the United States.

After all, the essence of capital is profit-seeking, just like Shen Fei himself, isn't he also thinking about making money from the financial industry?

All in all

With the development of the times, the United States has collapsed its manufacturing industry, and the world's industrial center has gradually shifted to Asia0.

There is no manufacturing industry to invest in, and the capital of the United States has flocked to the Internet, the housing market and the stock market, especially the housing market is the most stable, and the Internet has a bubble burst, but the housing market of the United States has never been soft.

Real estate has changed from an industry to the belief of the people of the United States.

In the first few years of the 21st century, the real estate market in the United States was like a rocket, as long as you bought it, you earned it.

Shen Fei has a very clear impression that he has seen a movie called "The Big Short", in which there is a very outrageous scene: when investor Eisman was attending an international conference in Las Vegas, he ran to a toime bar in the evening to find excitement.

While chatting with a dress-dancing girl, Eisman discovered that this pornographic practitioner, who had no stable income and relied entirely on tips from customers, had taken out a loan to buy five apartments and an apartment.

It is important to know that according to the general rules, banks and loan companies should review your creditworthiness, whether you have a stable job, and what your property situation is before issuing a mortgage to an applicant.

But when the people of the United States are speculating in real estate, no one reviews your credit, and no one reviews whether you can repay the loan on time.

The dancer filled in the "therapist" in the occupation column, and easily got multiple loans, and the mortgaged house was mortgaged, and she could get a new loan to buy more houses.

Even if her job is obviously a precarious dancer, the bank will still take the loan.

Some people even write their dog's name directly, and they can also take out a loan to buy a house.

Rice TV is full of advertisements for mortgages: "Whether you are a young couple who can't afford a down payment, a self-employed person who has difficulty proving income, or a family of three in debt, don't care, come on, child, I'll lend you money." "

Spurred on by the government's low interest rates and loose policies, lenders have lowered their lending standards and issued large amounts of junk "subprime loans," with some borrowers receiving loans that are even higher than the list price of the homes they bought.

Money lenders and Wall Street bankers are not stupid, they know that these people are in trouble with their credit, and there is a high chance that they will not be able to pay off their money halfway through.

So they invented a new way to pass on risk: financial derivatives.

As a simple example, when you release a loan, you give the bank an IOU.

For the bank, the risk of this IOU is very great, because you are very unstable as the person who wrote the IOU, and if you don't have a job and can't pay the money, the IOU will be smashed in your hand, and the bank can't guarantee that all the loans will be recovered.

So what to do?

The bank came up with a trick: sell these IOUs that are about to explode at any time, and I will get the money first, and then then I will give the risk to the person who takes over the IOUs.

Like throwing handkerchiefs when I was a child, Wall Street bankers played a game of beating the drum and passing the flowers: after packing and selling the IOU, the middleman made a difference, and he did not have to bear the risk of defaulting on the mortgage.

But anyone who knows a little knows that this handkerchief is not a handkerchief, but a bomb.

Other banks will not keep these IOUs in their hands, but will try to sell them again.

This garbage "handkerchief" was packed and thrown away several times, and its volume began to become unusually large.

But the problem is, even if the shit pours 5.1 a hundred times, it's still shit.

It's like Cai Xukun's fans spent a lot of money to buy tickets for the so-called "Kunkun Concert", and ran to watch it with great anticipation, but it turned out that Xie Guangkun was actually on stage.

Jacky Cheung and a group of Hong Kong Island stars became pick-up heroes in this way.

What's even more outrageous is that in the midst of the frustration, the government of the United States ignored the bankrupt, homeless, and pension-losing people, and instead gave $700 billion to the Wall Street bankers who were the culprits.

The people of the United States can die, but Wall Street must not fall!

Goldman Sachs and other Wall Street banks avoided bankruptcy with the injection of capital from the US government, but the initiators did not have the slightest remorse and still used taxpayers' life-saving money to collectively issue millions and tens of millions of dollars in year-end bonuses to executives.

They deceived investors and the public, and single-handedly concocted this tragedy, but in the end, instead of being punished at all, they also gave them year-end bonuses?

Discontent was rampant, and angry people took to the streets to launch the "Occupy Wall Street" movement.

However, the mainstream media in the United States selectively ignored the protest and did not give much exposure.

When the dust settled, among the chicken feathers, the people who were bleeding from the heads of the pit not only lost their property, but were also imprisoned because of the demonstration.

They are struggling with suffering that they did not cause themselves, and their lives are precarious.

And on their way to the demonstration, right above their heads, the Wall Street elite took the big year-end bonuses, opened delicious champagne, and looked at the demonstrators on the street with a smile, as if they were enjoying a human comedy that had nothing to do with them, like the gods high above the Olympus.

No matter how angry the fart people are, they are just fart people, so what does it have to do with us?

And this time, Shen Fei didn't want to forget it like that, he wanted to bite off a piece of meat on the bodies of these capitalists in the United States!

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