My 1999
Chapter 346 Fund
"Why? Aren't you worried?"
"I'm worried about others, I'm not worried about you." Jiang Xiaoyang shook his head.
In all the years she had been with Xu Liang, she had never seen him make any wrong decisions, so she was a fool to bet with him.
"I originally wanted to make some money from you, but now it seems I have no chance."
Rolling her eyes at him, Jiang Xiaoyang said: "One more thing to tell you, Liu Zhiping's Jupiter 2 Fund has raised US$170 million, officially closed the funds, and started operations."
"$170 million? That much?"
"He accumulated a lot of contacts when he was at McKinsey and Goldman Sachs, handled the reorganization of Guangdong Group, and showed outstanding abilities. Many institutions are optimistic about him." Jiang Xiaoyang said.
Xu Liang touched his chin and said thoughtfully: "It seems that we need to find more financial elites with their own traffic."
“Top talents are hard to find, and although we at Hanhua have made a lot of profits, we still don’t have a few successful cases in the venture capital field,” Jiang Xiaoyang said.
Xu Liang nodded and said, "Come on little by little."
After looking at the time, Xu Liang stood up.
"Let's go, it's noon, let's go eat."
Jiang Xiaoyang nodded and stood up.
After lunch, Jiang Xiaoyang continued to go back to the company to work, and he went home directly.
"Mr. Xu, are you back?"
Hearing his movement, a slightly fat woman walked out quickly.
"Aunt Li, where are you cooking?"
After nodding, Aunt Li came over.
"Go and take a look. Your old man is planting in the middle yard. The grass has been pulled out."
Xu Liang was stunned, "Okay, I'll go take a look."
Quickly come to the middle courtyard.
Sure enough, Xu Yongpei was digging on the ground with his head on his shoulders.
"Dad, what are you doing?"
Seeing his son, Xu Yongpei wiped the sweat from his forehead and said with a smile: "I thought that your land was also barren, so I pulled out all the grass on it, doubled it and planted some leeks, green onions and so on. Save you money to buy it.”
Xu Liang opened his mouth. He wanted to say that he originally planted tall fescue here. Although it grew like grass, it was not wasteland.
But seeing the excitement on his father's face, he swallowed the words that came to his lips.
Forget it, whatever makes the old man happy is fine.
"Where's my mother?"
"They went dancing in the small square in front. A bunch of old ladies danced every day and didn't even bother to eat."
Seeing his father's angry look, Xu Liang smiled and said nothing more.
It is the best thing for him if his parents can adapt to city life.
"Dad, you continue planting, I'm going back to the room first."
Xu Yongpei nodded, "By the way, when will Xiaomeng come back?"
"I don't know. But she won't come back until she has enough fun. Don't worry, she will be fine with bodyguards following her."
After Xu Meng's college entrance examination was over and he filled out his application form, he began his dream graduation trip.
"This girl is really crazy."
After muttering something, Xu Yongpei continued to take care of his land.
Xu Liang took a look and returned to the backyard.
I took a shower first.
It is already July, and the dog days of summer are uncomfortably hot.
I came to the study room, opened the computer and looked at the mailbox.
There are already several work emails in there.
After a brief glance, he raised his eyebrows.
"Yingke wants to acquire Penguin's equity?"
After thinking for a moment, he took out his cell phone and called Lu Hui.
"Mr. Xu?"
"When did Yingke's acquisition invitation occur?"
"Yesterday we just received US$70 million to acquire 15% of Penguin's shares." Lu Huidao.
"This Mr. Li really thinks of good things. When Penguin lost money, he abandoned it like worn out shoes. Now that he has made money, he regrets it and wants to buy it back. How can things be so simple?
Reject him for me and speak more firmly. "
"OK."
After hanging up the phone, Xu Liang couldn't help but shook his head.
Apart from his ability to pick up girls, Li Er is far behind Lao Li and Li Da in other aspects.
As long as he collects more information, he will know the case where MIH Group was rejected by him in investing in Penguin, and he will also understand the importance he attaches to Penguin.
If you want to buy, you must come up with a sincere offer or attractive conditions.
Too lazy to talk to this guy, I processed a few documents and then it was time to eat.
After dinner, I chatted with my parents for a while.
He enjoys this family atmosphere very much, which is much better than when he was alone in the capital.
I spent some time drawing in the evening and finished processing the subsequent documents before going to bed.
The next day, Xu Liang came to the Ideal Building in Zhongguancun.
"Mr. Xu."
The front desk saw him and quickly stood up to say hello.
Although he doesn't come to Sina many times, most of the employees here know him, the famous and richest boss.
After nodding and saying hello, he walked all the way inside.
After taking a look around, I could see that the number of employees at Sina was much larger than the last time I came here.
The office area, which was originally somewhat empty, was already packed to the brim.
Come to your office.
Not long after, Wang Zhidong opened the door and walked in.
"Mr. Xu."
Xu Liang waved, "Come and sit."
Pour him a cup of tea.
"Do you want to change office buildings?"
Wang Zhidong nodded and handed the information he brought to Xu Liang.
"This is Sina's latest development information and financial data. With the expansion of various businesses, the current ideal building is no longer enough for us."
The ideal building completed in 1999 has a construction area of less than 40,000 square meters, and it has to share office space with several other companies. It is indeed not suitable for the growing Sina.
"Do you have a suitable goal?"
"Yes. Zhongguancun Building has a construction area of 38,000 square meters. It will be completed in March next year. We can rent it as a whole."
Xu Liang nodded.
He didn't comment too much, but looked at Sina's 2002 interim report in his hand.
Since its acquisition of Sina last year, it has been adhering to its development strategy as a platform company.
Sina's current business can be regarded as a hundred flowers blooming.
In addition to the original news business.
There is also ‘Pacific Computer Network’ which specializes in selling various IT products.
‘Auto Home’ specializes in selling cars.
‘Tuniu’ is a full-time travel company.
A dedicated community ‘post bar’.
‘SouFun.com’ that specializes in real estate.
‘Snowball.com’ specializes in financial information.
And the ‘Sina Game Hall’ transferred from Hongmeng.
In order to strengthen the brand and recognition, Xu Liang gave each business a name that was impressive in his previous life.
In the past year, because there are no decent competitors, and coupled with the traffic from Sina, Bing and Pangu browsers, all businesses have developed well.
In addition to Sina’s fundamental business ‘Sina News’.
The best developed one is the "Sina Game Hall" with a solid foundation, which currently has more than 25 million users.
Thanks to the popularity of online games, half-year revenue exceeded 60 million Huaxia coins.
Next is the house search.
Soufun is an acquired business, and it already has a certain foundation.
Coupled with the booming real estate market, Soufun has more than 17 million registered users and generated revenue of 13 million Huaxia coins in the first half of the year.
Several other websites are similar.
The number of users generally exceeds 10 million.
But there are not many core customers.
In terms of revenue, Sina has reached a higher level.
Sina's advertising revenue reached 130 million Chinese dollars in the two quarters, an increase of 48% over the same period last year. The gross profit margin increased from 52% in the previous quarter to 59%, completely turning losses into profits, and creating a net profit of 5.7 million Chinese dollars. profit.
If Sina's advertising revenue is still expected, then Sina's cable business revenue is exciting.
In the two quarters of 2002, revenue exceeded 150 million Chinese dollars, surpassing Sina advertising revenue and becoming the most profitable business of the entire Sina company.
What's even more rare is the huge profits.
Thanks to China Mobile's 28/20 share game rules, Sina's monthly net profit can reach about 40%, which can be described as huge profits.
It is also the huge profits of Sina's cable business that support the rapid expansion of other businesses.
Of course, it has also caused Sina's number of employees to expand rapidly. It has doubled in just one year and currently has nearly 1,300 employees.
No wonder Wang Zhidong wants to find a new office building.
Put down the information in your hands.
"I agree with Sina's change of office area."
Wang Zhidong breathed a sigh of relief, "Thank you, Mr. Xu."
Xu Liang waved his hand, "Old Wang, it's just business, there's no talk of thanks." After a pause, "How many shares of the company does Duan Yongji still hold?"
"There's still 4.2% left."
Xu Liang nodded. Duan Yongji originally had 10%, but the ‘Sina Game Hall’ was diluted to 6.3% after being injected from Hongmeng.
Later, Pangu Browser and Bing invested in Sina with the cash payable from the three-year advertising contract, further diluting Duan Yongji's Sina equity.
It was further diluted to the current 4.2%.
"This guy is really a dog-skin plaster. He clings to us and refuses to let go. He even accuses us of engaging in insider trading." Wang Zhidong said angrily.
"He deliberately kept the shares in order to disgust us. It would be so easy to drive him out." Xu Liang said.
After thinking about it, Xu Liang gave up on the idea of directional capital increase and diluting Duan Yongji's equity.
One is that he has no money now, and the other is that there is no need.
This small amount of equity does not threaten his control of Sina at all.
"Don't worry about Duan Yongji. He is now a grasshopper after autumn and won't be able to jump around for long." Xu Liang said.
After Wang Zhidong nodded, "Mr. Xu, there is one more thing. We have cleared all the shares in Sunshine TV."
"Loss or gain?"
"I made 12 million Hong Kong dollars, which is not much."
"As long as you make money. No wonder I see the company's cash has increased a lot."
After nearly a year, 29% of Sunshine TV shares were finally sold out.
Fortunately, "Interview with Yang Lan" is relatively popular and has driven up the share price of Sunshine TV, otherwise it would have been difficult to sell it.
"Come on, accompany me to visit various departments."
Xu Liang stood up and said.
Wang Zhidong nodded and followed.
After going around for a while, Xu Liangliang felt quite satisfied.
Probably because they can take charge of their own affairs and develop independently, employees in various departments are more motivated and proactive. The situation is much better than when it was first acquired, which was lifeless, overstaffed, and internally fighting for power and profit.
After staying at Sina for a day, Xu Liang left.
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