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Text Chapter 1733 Selling Foursquare?

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    In the dead of night, the ringtone of the mobile phone rang. Xiao Qi didn't want to move at first, but the little fairy in his arms was awakened at the same time. Seeing that her husband was so exhausted and even covered his head, she cleanly touched the tender flesh of Xiao Qi's waist.  Pinch it.

    "oh!"

    The boy's remaining trace of sleepiness disappeared completely.

    Turning around, I saw that the little fairy in the bed still had her eyes closed, sleeping in an unusually graceful posture, as if the pinch just now did not come from her hands.

    Xiao Qi was naturally reluctant to come back for "revenge". On the small table 3 meters away from the bed, the cell phone was still ringing non-stop, and the young man could only get up.

    Those who can call at this point in time and can call Xiao Qi's private mobile phone, it is definitely not ordinary people, there should be important things, so that they dare to disturb Xiao Qi so.

    Every wife¡¯s villa has a different decoration style. The first phase villa of Yuluyuan selected by Huangfu Cai has very large bedrooms, each exceeding 40 square meters, which is more than enough for a two-bedroom.

    Picking up the phone, Xiao Qi saw that the time was 3 o'clock in the morning, and when he saw the number on it, he smiled bitterly.

    The young man who walked into the living room and answered the phone couldn't help but said: "Reed, I'm sure you are taking revenge on me!"

    It was Hoffman on the other side of the phone, and it was exactly eleven o'clock in the morning.

    "Haha, do I? No! I just have a very urgent matter that I need to discuss with you!" Hoffman smiled as proudly as a fox.

    "Tell me! Don't mess with me, or I'll call someone every day and ask you to get up at night to pee." Xiao Qi said angrily.

    Hoffman ignored Xiao Qi's threat and said directly: "This is some good news. Do you know the Blackstone Group?"

    Xiao Qi thought about it and nodded immediately, "Yes, the king of PE was listed on the market last year!"

    PE is the abbreviation of private equity investment fund.

    People in China may not be so familiar with Blackstone Group.  We are more familiar with Green Pine Capital, Bayeux Ventures, Silver Lake, etc., but compared to Blackstone Group, these venture capital companies are considered younger brothers.

    When he started his business, he did a great job in his first business. He directly helped SONY acquire Columbia Records for US$2 billion. It was still 1985, and the US dollar was much stronger than it is today.

    Blackstone has also teamed up with other consortiums to create many classic acquisition cases.  For example, in July last year, Blackstone Group acquired Hilton Hotels for US$26 billion, becoming the world's largest hotel group company; the year before last and last year, it acquired REIT-EOP, the largest office property holder in the United States, for US$19 billion respectively, and  The US$39.5 billion acquisition of EOP, the largest commercial property group in the United States, has made it a super giant in commercial and office property in the United States.

    at the same time.  Last year, Blackstone Capital, a subsidiary of Blackstone Group, acquired 15% of Chosegirl's shares for US$7.125 billion, which can be considered as dealing with it.

    Blackstone Group has a very good reputation in the entire private equity investment fund industry because they never conduct hostile acquisitions, but only impress others through feelings and interests.  After completing the acquisition, they never became enemies with the acquired target, but became good friends.

    In this regard, China's private equity investment funds are too far behind. They often force the acquiree to launch a "poison pill plan" at every turn, and in the end both parties suffer losses.

    Hoffman often feels that Xiao Qi is an American because he knows so much about the American way of life.  It's just that his skin is yellow.

    Therefore, Hoffman was not surprised that Xiao Qi knew Blackstone Group very well. He lowered his head and said: "They want to invest 12 billion US dollars in cash to acquire CoolGame."

    "I won't sell it." Xiao Qi refused without thinking.

    What kind of joke, the previous life Zynga's market value has reached a maximum of 11.5 billion US dollars. Now there are Xiao Qi's steps in advance, coupled with the PC computer directly entered the AppStore.  With an overall user base of more than 500 million in the future, it is natural for its market value to double again.

    ??Besides, now is the time when the U.S. subprime mortgage crisis has spread to a very pessimistic moment, and all network and electronic-related companies have been implicated.  You can¡¯t sell it for a high price now.

    "Well, that's what I think too." Hoffman smiled, "Unless they come up with $20 billion, I won't be willing to sell my shares."

    Because he participated in the construction, planning and management of the entire CoolGame, Xiao Qi gave Hoffman 10% of the shares. Although it is reasonable to say that this amount of shares was given more, Xiao Qi knew that he could not trap the wolf if he could not bear the child.  Logically speaking, if he wants Hoffman to do more for him, Xiao Qi should be more generous and sharing profits is the best way to cooperate.??

    Besides, Hoffman is really worth the price.

    It was Hoffman who built CoolGame's website. It was also Hoffman who recruited the more than 20 game teams. It was also Hoffman who negotiated with Mysace and Facebook. Even the daily management was done by Hoffman.  Mann is doing it.

    What Xiao Qi paid was only three sums of 1.2 billion U.S. dollars, and then he just asked Mario Law Firm and the accounting firm to supervise the accounting.

    ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? 1.2 billion U.S. dollars in exchange for the current 10.8 billion U.S. dollars in share acquisition requests, isn¡¯t that still a profit?  If you have to swallow it all by yourself and don't give any to your collaborators, then what's the point of being happy?

    After a pause, Hoffman continued: "The other two venture capital companies are Silver Lake Capital and DST. Silver Lake Capital values ??Foursquare at US$2 billion and is willing to acquire it wholly. DST likes the Airbnb air accommodation we just launched.  Willing to invest 20% of the shares at a price of US$1 billion.¡±

    "Are these quotes from today?" Xiao Qi asked without answering.

    ¡°Blackstone Group¡¯s quotation came yesterday, Silver Lake Capital¡¯s came last week, but DST¡¯s came today.¡± Hoffman was not embarrassed at all about the delay in telling Xiao Qi.

    Xiao Qi doesn¡¯t care, because he has entrusted all matters to Hoffman a long time ago, so he should handle these matters. He will only talk about it when he thinks it is necessary to discuss it with Xiao Qi.

    For example, some medium-sized investment companies and venture capital funds came to the door at the beginning of several companies, but the low prices made Hoffman ignore them, and he did not even mention them to Xiao Qi.

    "What do you mean?" Xiao Qi asked.

    "What the Foursquare team means is that they are not willing to sell 20% of their shares. If you are willing to sell your shares, that's okay with them. But I suggest that if you want to sell your shares, then give them some dividends when the time comes. It will also look good on your reputation.  "A little." Hoffman said: "We have discussed the Air Accommodation Company before, and I do not recommend selling it. After all, it is very valuable in the long run."

    "Foursquare"

    Xiao Qi started to think about it.

    Although Foursquare is very popular in later generations, it has a very sharp shortcoming, that is, its function is too single. It only has a map location sharing function, which is not enough to keep users on it for a long time.

    Even though Xiao Qi added functions such as travel evaluation and selection to it, it still has some overlap with Chosegirl.

    This is also the reason why Xiao Qi and Hoffman said "Foursquare can introduce investment" when looking at the future of these three companies.

    The Foursquare team owns 20% of the original shares, and Xiao Qi now owns 80%. For Xiao Qi, he can sell or keep it. Anyway, there are still many good Internet companies in his mind.

    "Let's do this." Xiao Qi made a decision, "The food and accommodation in the air will be done according to your wishes. The price of Foursquare will be raised to 2.5 billion US dollars. If they are willing, 80% of my shares will be given to Silver Lake Capital. Otherwise, we will not  sold."

    "You are so cruel!" Hoffman laughed.

    Xiao Qi¡¯s investment in Foursquare was only 300 million U.S. dollars. It increased by more than 7 times in a few months. It is not an exaggeration to describe it as a huge profit.

    "It also depends on whether they are willing or not." Xiao Qi shrugged, "If this year is over, I believe Foursquare can be worth more than 3 billion US dollars, and it is possible to sell it for 4 billion US dollars."

    "okay!"

    Hoffman also agreed with Xiao Qi's view. Foursquare is developing at a rapid pace every day, and its expansion is astonishingly fast. It is definitely not only Silver Lake Capital that Silicon Valley is interested in, but Silver Lake Capital has the highest bid.  .

    Thinking about it, Xiao Qi and I discussed the three companies at the end of October last year. In less than half a year, Foursquare was able to sell for a high price of 2.5 billion, which is like a dream.

    The fantastic ideas in Xiao Qi¡¯s mind are indeed gold mines!

    Hang up the phone.

    Xiao Qi did not rush back to the room to sleep, but wrote down another idea in his mind directly on the small notebook.

    Having mentioned Blackstone Group just now, Xiao Qi suddenly remembered that Blackstone Group acquired Freescale, one of the top three semiconductor companies in the United States, for US$17.6 billion in December 2006.

    Freescale and Infineon are somewhat similar. Infineon was spun out of Siemens Semiconductor Division, while Freescale was spun off from Motorola's Semiconductor Division.

    For this semiconductor company with strong capabilities in automotive semiconductors, communication processors, medical microcontrollers, digital signals and mobile phone radio frequency processors, if there is an opportunity during the financial crisisIncorporating it into Fairy Company is definitely a great addition!

    Xiao Qike never thinks that his strength is too strong!

    PS: Brothers, monthly tickets will be doubled tomorrow!  If there is any, please be sure to keep it for the scholar!  Thanks!  !
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