Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

Before the Sanwei mobile phone was officially launched, Wang Lei felt that there was one more thing he needed to do.

That was to poach Lei Jun from Kingsoft.

Lei Jun was a very successful investor. When he founded Xiaomi, he was already very successful.

He has a very famous quote:

"When I was most confused, I only had 5 billion on my card!"

Listen, is this what a person should say? My father never said that.

However, Lei Jun is still the general manager and CEO of Kingsoft, and is working hard for Kingsoft's listing.

Kingsoft's development has always been bumpy. It has been doing office software, games, and antivirus software, but it is not ranked in the top two in each field.

When the boss and the second fight, the third one is often the first to die.

Kingsoft's listing was not very smooth. They tried to go public in 2000, but some financial indicators were restricted and failed.

Later, the attempt to land on NASDAQ also failed because of the Sarbanes-Oxley Act.

Seeing that Qiandu and Ali, which were established later, were about to go public, Kingsoft was still struggling.

Lei Jun realized that it was too late for Kingsoft to go public.

The rise of Tencent and Shanda, as well as Qiandu and Ali, made him realize that all companies are platform-based.

Without the help of big capital, Kingsoft had a hard time breaking through.

He once fantasized that Kingsoft would get financing from the White Dragon Consortium, but that scenario was just a thought for him.

Kingsoft lacked the potential to soar into the sky, and being neither high nor low almost became a label that Kingsoft could not get rid of.

Lei Jun, who had worked at Kingsoft for 16 years, thought about leaving countless times.

But thinking of the agreement with a group of old brothers, he decided to mention leaving only after Kingsoft went public.

He was also invited to the recent mobile phone launch conference hosted by Sanshi.

It left him an indelible impression, and the shock it brought almost subverted all his imaginations of mobile phones.

After several years of hard thinking, he had a very strong impulse, that is, after Kingsoft went public, he wanted to start a business, create his own mobile phone brand, and be passionate about love!

But at this time, he received an email from the White Dragon Consortium.

He was delighted. Could it be that his ideal came true and the old man finally heard his expectations?

But after opening it, he found that it was Wang Lei who invited him to be the CEO of Suixintong.

Lei Jun, who had just been disappointed, fell into ecstasy again. This is the CEO of Suixintong.

If Suixintong goes public, the market value will definitely be tens of billions of dollars.

But a group of brothers in Kingsoft still need him.

They had an agreement that they must make Kingsoft successfully listed before thinking about leaving.

As a leader, he can't escape at the critical moment.

Thinking of this, he resolutely rejected Wang Lei's invitation and sent Wang Lei a reply email.

This email does not have too many fancy things, and the main point is sincerity.

Wang Lei was not too surprised to receive the rejection letter.

Lei Jun is a future investment master, an SSR business elite who has laid out thousands of companies. If he is so easy to win over, he would not be called Lei Jun.

He carefully looked at the reasons why the other party rejected him. The root cause was that Kingsoft's listing was repeatedly blocked.

This is actually not a difficult thing for Wang Lei.

The key problem is that Lianxiang Company acquired 30% of Kingsoft's equity for US$450 in 1998.

If Bailong wants to join the game, Lianxiang must withdraw.

In the original history, Kingsoft's stock price rose for a period of time after its listing in 2007, but it fell into a slump. The stock price continued to fall for a time, and the entire Kingsoft was very confused.

Especially after Lei Jun went out to start a business, Kingsoft was more like a confused lamb, and the stock price fell to the bottom.

It was not until Lei Jun returned as the chairman and "Jian Wang 3" came out that Kingsoft had a turnaround.

After thinking about the pros and cons, Wang Lei sent a transaction application to Lianxiang.

The other party also felt that Kingsoft was toxic and had failed to go public several times. Even after going public, it had little explosive power. In the end, they agreed to sell 30% of Kingsoft's shares for HK$600 million.

Kingsoft's market value also reached HK$2 billion, and both the buyer and the seller were very satisfied.

The reason why Wang Lei was satisfied was that two years later, Kingsoft was listed on the Hong Kong stock market, and its market value reached HK$5 billion at its peak.

After completing the transaction, the White Dragon Consortium announced that it had become the single largest shareholder of Kingsoft.

Lei Jun, who realized it late, was a little dumbfounded. He just rejected Wang Lei's invitation, and the other party bought Kingsoft?

At the shareholders' meeting, Wang Lei conveyed a positive message to Qiu Bojun (founder) and Lei Jun:

"The White Dragon Consortium will operate Kingsoft's listing on the Hong Kong stock market!"

It was Wang Lei who said this, which boosted the morale of the Kingsoft people, who were originally in low spirits.

"However, Kingsoft must be listed as soon as possible.Start developing online games. Jianwang is a good IP with great potential to be tapped..."

After the others left, Wang Lei poached Lei Jun in front of Kingsoft boss Qiu Bojun.

Qiu Bojun is Lei Jun's mentor, and the two are both teachers and friends.

As the chairman of Kingsoft, he naturally does not want his capable general to be poached, but he is also very clear that Lei Jun's choice to become the CEO of Suixintong is the wisest choice.

He also hopes that Lei Jun will have a better future.

So he persuaded Lei Jun in turn:

"Just obey Mr. Wang. Kingsoft will not stop without you, but you are very important to Sanwei Mobile."

Lei Jun was a little puzzled. "Very important" was Wang Lei's words. He didn't know what value he had for Sanwei Mobile.

Does it have to be his job for Sanwei Mobile to sell well?

Seeing that Lei Jun was embarrassed, Wang Lei smiled and said:

"What's the embarrassment? I don't make multiple choices. I want them all! ”

Leibs asked puzzledly:

"Mr. Wang, what do you mean?"

"You can be the CEO of Kingsoft and the general manager of Suixintong. I have the final say in both companies. I, the major shareholder, don't care. Who would have any objections?"

Leibs suddenly realized that, yes, Wang Lei, the big boss, had no objections, and Mr. Qiu had no objections. Who would dare to have any objections?

What puzzled him even more was what Wang Lei wanted him to do.

"I want you to do a special marketing plan abroad. "

Qiu Bojun knew that this was something he couldn't listen to, so he took the initiative to say goodbye and left the office to the two of them.

Wang Lei told Lei Jun about his hunger marketing ideas.

Wang Lei, who had only bought Xiaomi 2 in his previous life, was a fake Mi fan and only had a vague understanding of hunger marketing.

But Lei Jun was inspired by his words and started working.

Looking at Lei Jun, who was busy working on a marketing plan on his notebook, Wang Lei knew that the foreign fans of Xiaomi would experience the outrageous hunger marketing.