Global monopoly of technology

Chapter 342 Squeeze out Teng Xun

Entering August, with the arrival of the first China-US Entrepreneurs Roundtable, the focus of news media reports has finally shifted from the news that China's GDP has officially surpassed Japan to this conference.

It can be said that it has attracted much attention. It happens to be the first time that business leaders from the world’s largest economy and the second largest economy have organized a group dialogue and exchange. It is a very meaningful and important event for the whole world. .

On August 5th, Luo Sheng took Qin Weimu and several other executives to the capital by private jet, and then flew to New York in North America with the special plane of the national team.

This time there are 77 entrepreneur leaders on both sides, 34 from the Chinese side, and the rest are from the United States.

Any one of these 77 people has achieved extremely high achievements in their respective fields, and they are the big names in the industry.

This is the first time, and in terms of content, it has attracted media attention. Almost all major mainstream media around the world have conducted in-depth reports on this dialogue.

...

Luo Sheng arrived in New York, and when he got off the plane, he checked into the hotel and rested.

In the guest room, Qin Weimu came out of the bathroom generously, and the beauty was out in the bath. The long white legs that formed the golden ratio with the whole body were too eye-catching, but they failed to attract Luo Sheng's eyes.

Because he is concentrating on playing the game.

Upon seeing this, Qin Weimu said in an angry tone: "I really don't understand that you are still in the mood to play games at this time. What will you say tomorrow if you don't prepare a draft?"

Luo Sheng shrugged: "Just kidding, do we still use the preparation for the speech? Just open your mouth, and relax."

Qin Weimu shook his head helplessly, and then went to bed lazily. He turned his head and glanced at Luo Sheng and said: "It is very important to read tomorrow's meeting. You don't have to wait for the palace tonight. Keep your energy. Right."

After a while, Luo Sheng closed the computer and put it aside. He also came to the bed. He immediately said to Qin Weimu: "There are other tasks on this trip to the United States. You can arrange them."

Qin Weimu also looked at him curiously: "Other tasks? What task?"

Hearing that, Luo Sheng brought the computer over again, then turned on the screen to show her, and said: "You go to buy two game companies. This sandbox game called "Minecraft" has just released the first one. The public version, but I am very optimistic. The developer MojangAB is headquartered in Stockholm, Sweden. You send a few people to buy this studio."

Qin Weimu stared at him: "Are you serious? Don't tell me, just because you just played for a while and think it's fun, you are optimistic? You want to buy it?"

Luo Sheng nodded: "Yeah, that's right, how can the game not be fun to sell? I'm serious. I bought it. Now I estimate that I can buy this studio for about 10 million US dollars. It may not even be used. So much money, but within a few years, the return on investment will be hundreds or even hundreds of times."

"So exaggerated?" Qin Weimu couldn't help feeling astonished.

Doesn't it mean that this mosaic game is worth billions of dollars?

Luo Sheng looked at her confidently and said: "When have I made so many investment shots, have the car overturned? You are right to believe me, remember not to play me, buy it secretly, and you will be announced when you are done!"

"Well, I'll deal with it at the time." Qin Weimu found that he couldn't refute him for a while. Indeed, every investment made so far has been a great success without exception.

"In addition to this one, there is another game company to take down." Luo Sheng comfortably lay on those beautiful legs that won't get tired of playing for N years and said leisurely: "An American online game developer named Riot- Games, literally translated as "Fist Games", the company was founded in 2006, last year raised 8 million US dollars, including Tengxun, Benchmark-Capital and Firstmark Capital as investors."

Speaking of this, Luo Sheng turned his head to look at Qin Weimu: "As far as I know, Teng Xun is currently Riot-Games' largest investment shareholder, holding about 22.34% of the shares... Well, let’s merge into Bluestar Technology Group. The game division of the subordinate, you think of a way to buy me a wholly-owned acquisition."

Qin Weimu thoughtfully: "Wholly-owned acquisition? I can handle it. However, since a wholly-owned acquisition is necessary, the hidden danger of the core founder team must be considered. The best way to keep them inside the leading company is It is to hand over the operation rights to the founder team."

Luo Sheng nodded: "Yes, no problem."

If the founder team leaves, the value of the leading company will be greatly reduced, otherwise the investment will become a bad asset.

Qin Weimu thought for a moment, and added: "The operation is simple, and it can be done easily with a little more money. First, buy the stocks of Benchmark-Capital and Firstmark Capital, and then negotiate with the founder team of Riot Games to use Bluestar Technology’s The issuance channels and the conditions of the primary traffic entrance and the non-interference in their operation and management as a condition to buy all the equity in their hands, and then convene a general meeting of shareholders to conduct a large-scale financing to dilute Tengxun’s equity and indirectly exclude them Drop."

Teng Xun currently holds 22.34% of the shares of Riot Games. There is no special agreement such as one-vote veto power, which means that when the shareholders' meeting is held in the last step, the major issues can only be passed with a majority of 67% of the votes. No more than 34%, even a veto is impossible, so I can only watch the financing happen.

This seems to have no meaning for Teng Xun. The original intention was to obtain the agency rights of the upcoming "League of Legends" in China. Luo Sheng will definitely not be able to compete with Bluestar Technology after entering the field.

The rhythm that can be killed with money, and for the powerless Teng Xun, if the fist game is not listed in the future and does not pay dividends, it is tantamount to being stuck.

Obviously, in such a situation, the best other result is to go back and transfer the remaining equity in the hand. Bluestar Technology, which is not bad for money, accepts it as it is, and can sell it at a good price, at least From the perspective of venture capital, there is still a lot of money.

These two games are very helpful for future layout and economic benefits.

In Luo Sheng’s previous life, "Minecraft" was acquired by Microsoft for a huge sum of US$2.5 billion, and now it can be done with a $10 million deal. Later, "League of Legends" became a global hot e-sports game. Generating an amazing income of 1 billion U.S. dollars can be called the cash cow among the cash cows.

Riot Games can leap into the ranks of the world's top game developers by relying on this game alone. It can be seen that this game has great influence and ability to attract money.

This matter is so set, the biggest purpose of bringing Qin Weimu here is to merge these two potential game developers. She is now the CEO of Shengfeng Capital, and Riot Games is merged into the games of Bluestar Technology Group. Business department, but because Luo Sheng is the CEO of Bluestar Technology, of course, she can be entrusted as a lawyer consultant and led a delegation to merge.

The point is that you don’t have to pay any commissions.

...

The next day, the first Huamei Entrepreneur Leaders Roundtable Conference was held as scheduled. Luo Sheng bought two game developers along the way. This trip to North America was mainly for this exchange meeting.

After all, he came with the national team for the first time, and Luo Sheng is also the card player among the technology companies on the Chinese side. This responsibility is indispensable, and naturally it is a snack.

Earlier this morning, most mainstream media in the United States, including Wall Street, Silicon Valley, and the world focused their attention on Manhattan Island, New York.

Especially in the context of the current global financial turmoil, the dialogue between business leaders between the two largest economies in the world is also of great significance. All parties are also eagerly looking forward to this exchange for the recovery of the world economy. Bring new surprises.

...