Reborn as a tycoon in Hong Kong

At noon on Sunday, Lin Baicheng arrived in Los Angeles by private plane.

I came to Los Angeles today mainly because the financing of New Century Software Company is about to be completed, and the specific time is only a day or two.

After arriving in Los Angeles, Lin Baicheng naturally returned to his villa in Beverly Hills first.

In the villa, except for Lin's mother Zhao Huilan, Lin's fathers Lin Haishan and Lin Qin were not there. As for Lin Shufang, she had already returned to Xiangjiang. She helped Lin Baicheng manage the finances and could not leave Xiangjiang for a long time.

"Mom, where are dad and my little sister?"

Lin Baicheng asked, in fact, Lin Qin has already started school, but today is Sunday, so even if school starts, there should be no classes.

Zhao Huilan said: "Your dad went to Chinatown and said he couldn't stay at home. As for that girl Xiaoqin, she said she went shopping."

"Mom, I have something to tell you. Just wait a moment while I go get something."

Lin Baicheng said and walked upstairs. When he came back just now, Qin Lan took his servants to send his things upstairs.

What Lin Baicheng went up to get was the information of his mother, Zhao Huilan's relatives in the Mainland. He had originally decided to tell his mother about this matter. Before, he just wanted to investigate more clearly and wanted to talk about it face to face, so he Drag till now.

After a while, Lin Baicheng went downstairs with the information and told Mother Lin everything from the beginning.

Zhao Huilan was very excited when she learned about the situation of her two uncles, and even shed tears of excitement in front of Lin Baicheng. She had always thought that she would never have the chance to see her relatives in the mainland again in her life, but she never thought that there would be a Ji Tai Lai. one day.

"Son, can I really go over and see them?"

After getting excited, Zhao Huilan asked with some anxiety.

Lin Baicheng nodded: "Okay, I've already asked."

"It won't affect you, right?"

Although she really wants to see relatives she hasn't seen for many years, Zhao Huilan doesn't want it to affect her son's career. After all, her son is the most important thing.

"Mom, don't worry. You were visiting relatives in the past, so you will definitely not have a bad influence on me."

Lin Baicheng said immediately to comfort the old man's heart, and what he said was actually the truth.

"It's good that it has no impact."

Zhao Huilan couldn't help but feel relieved after hearing this, and immediately said: "Son, when can I go there?"

Lin Baicheng said: "After I finished my work here in the past two days, I contacted the two presidents of Xinhua News Agency when I returned to Xiangjiang and discussed with them the time for the visit. The specific time depends on the arrangements there, but I don't think I can come. It’ll just take too long.”

Zhao Huilan said: "Mom, don't be in a hurry. You go about your business first. After all, we have been here for so many years, so it won't be a few days."

"Mom, if you are not in such a hurry, I will arrange a time when I am not so busy, and then I will accompany you and Dad there, and I will also meet my two uncles and the others together. What do you think?"

Lin Baicheng does not look down on his poor relatives in China just because he is now the richest man in Hong Kong. In fact, a tycoon of his level values ​​the relationship between relatives more than some money.

Only those nouveau riche who suddenly become rich but don't have a lot of property will look down on their poor relatives for fear that they will ask them to borrow money or something.

To put it bluntly, even if Lin Baicheng only spent 10 million, not to mention 100 million, it would be enough to support the families of his two uncles. After all, next year will be the 1980s. Regardless of whether it is 10 million or 100 million, it is not a big number for Lin Baicheng today.

"Okay, of course you have time!"

Of course Zhao Huilan is happy that her son can go with him when he has time.

Lin Baicheng said comfortingly: "Mom, I will tell you after I make the arrangements. Don't worry."

"Mom, don't be in a hurry. I've been here for so many years, so I won't miss that much time."

Zhao Huilan nodded slightly.

The next morning, Lin Baicheng went to New Century Software Company.

"Bella, how's the company financing deal going?"

"We've almost talked about it. If nothing else, we'll make a decision today."

"The company is valued at $550 million?"

"Yes, this is the final valuation."

The valuation of New Century Software Company is only US$550 million, mainly because the market potential of office software is relatively small. This is because the company currently monopolizes the market and has such a high valuation, otherwise the valuation will be even lower.

Lin Baicheng is quite satisfied with this valuation. After all, his investment in New Century Software Company was only US$10 million. After financing, his shareholding was valued at more than US$400 million. This investment has a return rate of about 40 times.

"After the financing is completed, Bella, you will resign from my assistant position and continue to be the manager of New Century Software Company. What you have to do from now on is to develop this company well."

After the company's financing, it is no longer Lin Baicheng's company. It is impossible for Isabella, the manager, to handle the company's affairs and be Lin Baicheng's assistant at the same time. This is something that other shareholders will not allow, and Lin Baicheng does not want this. .

"Okay chairman, I will develop the company well and explain it to you and other shareholders."

Isabella responded, knowing that from now on her relationship with Lin Baicheng would be that of a boss and a professional manager. The relationship between the two was not as close as when she was Lin Baicheng's assistant.

Lin Baicheng smiled slightly: "Looking forward to your performance."

Isabella suddenly said: "Chairman, regarding the sales of the company's office software, our management has thought of a new method, which needs your approval."

"What do you think."

Lin Baicheng became interested after hearing this. For now, the most important thing for New Century Software Company is the sales of office software, which is related to the company's performance.

"Currently, our company's office software is priced at US$199 per copy, and users have a 20-year usage period. During this period, the company also ensures that customers can use the new version after the software is updated. It is basically impossible for the company to continue to use the new version in the future. Profits are derived from these customers.”

The twenty-year usage period is basically a one-time transaction. After twenty years, office software may have been free to use, so Lin Baicheng has always said that this is a one-time transaction, because after the usage period has passed, it will be No more money to be made.

"Our management conducted a survey on current Apple computer customers to see if they need office software. We found that more than half of the customers need office software, but many people think that the price of office software is too expensive. Because of demand It’s not such a strong relationship and I’m reluctant to spend money on it.”

"So, we thought, why do we need to sell 20 years of use at once? The company can sell office software with a use period of 1, 3 or 5 years. This way the price will definitely be cheaper. Those who have Customers with certain needs will choose to buy because of the price drop, thereby achieving the purpose of increasing sales.”

"That's a good idea."

Lin Baicheng couldn't help but nodded slightly after hearing this. In this way, although the customer who originally wanted to buy the software for 199 US dollars would choose to use the office software with a shorter service life, it would make small profits but quick turnover. In addition, the customer would continue to buy it after the service period, so there would be no loss.

"Your management should first discuss issues such as how many years of use and how much price, etc., and then submit them to the board of directors after all consideration."

Isabella responded: "Okay Chairman, we will discuss it again."

"If there's nothing else, go and do your work."

Lin Baicheng waved his hand and watched Isabella go out.

"I will continue to reduce my holdings in New Century Software Company and even resign as chairman in the future. My relationship with Isabella was not that close at that time, so from now on, she cannot let her do some of my things. knew."

After Isabella left, Lin Baicheng pondered secretly in his heart. From now on, his shareholding in New Century Software Company will only remain at 10% or even less. As the president of New Century Software Company, Isabella will no longer serve him alone, and she will no longer be him. Assistant, so some of his private affairs and business secrets cannot be known to Isabella.

Throughout the whole day, Lin Baicheng was at New Century Software Company, nominally leading the final negotiations for the company's financing. The specific conditions will be negotiated by Isabella and her team with other institutions.

The financing of a company involves more than just company valuation. Things like what kind of performance is to be achieved, the order of priority for shareholders to exit, etc., must be clearly discussed and implemented in the contract. There are no less than a hundred clauses in the contract alone.

New Century Software was valued at US$550 million and raised 20% of the shares, which is US$110 million. After financing, the company was valued at US$660 million and its external valuation was US$700 million.

Before financing, Lin Baicheng first transferred 5% of the shares as an equity incentive for the management, and then all 20% of the shares in the financing were provided by him, so after financing, he only had 75% of the shares left.

Among them, 5% of the shares were given to the management as equity incentives. Isabella, Adern Sherland and Peter Rosling each received varying amounts of equity, but they were not much, and the total was only two thousandths. , which is more than one million U.S. dollars. If the three people divide it, each of them will only have a few hundred thousand U.S. dollars in shares.

This financing was led by Goldman Sachs and Citi, each taking 5% of the financing, Hutchison Whampoa took 4%, Pioneer Technology Ventures took 1%, and Phil Smith’s fund took 2%. Sequoia Capital won 1.5% of the share, and the remaining 1.5% share was equally divided among the three funds.

Hutchison Whampoa spent US$22 million to participate in this financing, plus the previous US$7.5 million spent in Apple’s financing, equivalent to nearly US$30 million. Fortunately, Hutchison Whampoa's loan from HSBC was US$100 million, and the remaining US$70 million was enough for Watsons' early expansion in the United States.

However, today we just completed all the negotiations and negotiations, and did not sign the contract. The time for signing the contract will be tomorrow morning.

"Ellen, I would like to congratulate you first. Your net worth is about to increase significantly."

After the financing negotiations came to an end, Phil Smith congratulated Lin Baicheng.

"Thank you."

Lin Baicheng was not humble and polite when he heard this. The United States did not like this kind of behavior.

Wade Thomas couldn't help but said: "Alan, your vision is really incredible. Apple has made a fortune over there, and it's even more profitable here. Galaxy Games is about to go public. You can really say that this year It’s been very rewarding.”

"It's okay. I can only say that I will make a fortune together with everyone."

Lin Baicheng laughed and didn't say much.

Everyone did not stay at New Century Software Company for too long, and left shortly after the financing negotiations were completed.

The next morning, Lin Baicheng and others came to New Century Software Company again. Today they came to sign a financing contract.

Everyone brought professional lawyers. For example, Lin Baicheng brought the entire team over and asked them to make final confirmations to confirm that the contract had no unfavorable terms for him.

After everyone was sure that there was no problem with the contract, it was about an hour later. Everyone signed their names and stamped their seals on their contracts.

At this point, neither Lin Baicheng nor the institutions involved in the financing are allowed to regret it, otherwise they will have to compensate the other party corresponding compensation according to the contract. Therefore, unless extremely serious changes occur, no institution will suddenly withdraw from financing.

"Everyone, happy cooperation!"

After signing the contract, Lin Baicheng shook hands with Wade Thomas, Phil Smith and others.

"Nice to work with, Alan!"

Don Valentine of Sequoia Capital is one of them. This time Sequoia Capital invested more than 8 million US dollars, which is not a small amount.

Isabella said aloud: "Dear shareholders, in order to celebrate the success of this financing, the chairman, Mr. Lin Baicheng, is planning to hold a party in his villa. I hope that all shareholders can attend."

"Let's chat together tonight. I hope you can appreciate it."

Lin Baicheng looked at the heads representing each organization and invited them.

Phil Smith immediately said: "This is a good thing, we will definitely go."

Wade Thomas also agreed: "In order to celebrate our successful financing, it is indeed necessary to have a party to celebrate."

"Indeed."

Citi's Derren Lawrence also gave the nod.

No one else had any objections. This kind of thing is very common in the United States. They would be surprised if there was no celebratory dinner or party.

Lin Baicheng did not hold the party that night in Beverly Hills. His parents and younger sister currently live there, and it was really not suitable for such a business-type party.

The party was held at Maori Haruko's villa. When Lin Baicheng told her about it in advance, she was very happy.

Although tonight's party is to celebrate the successful financing of New Century Software Company, Lin Baicheng extended invitations to the executives of his companies in the United States and did not force them to come. They can come if they have time.

However, although Lin Baicheng told them not to come if they didn't have time, everyone who was invited came to the party.

Eric Davis, Shirley Lansing, Vivien Kelly, Doug Golden, Sun Yiyang, Genus Wilson, Buller Sandra, Stan Lee, Mark Raymond , nine people in total.

As for Haruko Moori, needless to say, the party was held in the villa where she lived, so it was impossible for her not to attend the party. In addition, Lin Baicheng's assistants also came.

In fact, there is also a Blockbuster manager, Errol Kilman, but because Blockbuster is now just a subsidiary of Morningstar Pictures, with just a few stores, he is not qualified as a manager.