Reborn Capital Empire

Chapter 63: Juji Electronics

Chapter 63 Juji Electronics

…

“boom…!”

With the sound of the impact, the white golf ball was hit by Guo Shouyun in a beautiful arc, spinning and flying into the distance.

“Good shot! I haven’t seen it for a few months, Boss’s game has improved a lot!”

“Michael, how can I hear you’re showing off? You just hit an eagle ball!” Guo Shouyun gave him a white look.

Michael Moretz smiled, “My attitude is sincere. Also, I don’t want to lose my job because of this.”

“Lost your job? I don’t believe that you took the initiative to ask me to play golf because you were afraid of ‘fired’! Tell me, what is the reason why you, a busy person, do not rest on weekends and insist on pulling me to play?”

“Because it’s the weekend, I have to take my boss out to play and relax. Of course, I’ll chat about work while relaxing!”

Guo Shouyun smiled, “What you said just now is described by an old Chinese saying, ‘The fox’s tail is finally exposed’!”

“What does it have to do with the fox?” Michael Moritz shrugged helplessly after he said that with confusion, “Well, colorful Chinese is always difficult to understand! … Since Boss asked , then I’ll just say it straight, I’m here to seek funding?”

“Seeking funds? When I called a while ago, didn’t you say that you have raised nearly 20 million US dollars? Plus my 30 million, a total of 50 million is not enough for you?”

“Not enough!” Michael Moretz shook his head.

Glancing at him, Guo Shouyun said, “Which company do you want to invest in?”

“Netflix! Founded in ’97 and headquartered in Los Gatou, California, is an online movie rental provider.”

While speaking, Michael Moretz beckoned, and the secretary next to him immediately took out the prepared documents from his briefcase and handed them over. Michael transferred it to Guo Shouyun, who opened it and looked at it. After reading it, Guo Shouyun understood, isn’t this the famous Netflix company in later generations!

Although it is far less well-known than Google, Amazon, Microsoft, Apple, and Facebook in the perception of ordinary Chinese, it is also the top giant among American Internet companies.

However, Guo Shouyun is not very interested in this Netflix company and has no intention of bringing it under his command, but it is not bad to invest.

“How much are you going to invest?”

“$50 million!”

“So many?” Guo Shouyun was a little surprised.

“The US entertainment industry has a $23 billion market share for disc rentals. And Netflix is the most promising player in online video rentals…!”

“Michael, you don’t have to tell me how this company is, I trust your vision! How many shares of Netflix can we get with just an investment of $50 million?” Guo Shouyun interrupted.

For his trust, Michael Moretz is certainly grateful in his heart. No one wants to work under a boss who values himself and is fully empowered.

“20%! They plan to raise 50 million to acquire Blockbuster and improve their online and offline distribution network! This is the only opportunity for us to get involved and get an important stake!”

Guo Shouyun nodded, “How much money do you have now?”

“50000000!”

Michael Moretz was slightly embarrassed.

“You spent all your money in a few months?” Guo Shouyun stared in surprise.

“Uh, yes! But we are all well-founded investments. And most of the projects were planned when I was Sequoia Capital.” Michael Moritz explained quickly.

“Really? Tell me, what companies have you invested in in the past few months?” Guo Shouyun said with great interest.

“Rotten Tomatoes Film Review Website Invested $2 Million and Owned 40% of the Shares!”

“Trip Advisor invests $1.5 million, owns 38%!”

“Craig List Invests $6M for 23% Ownership!”

“‘Salesforce’ retail industry, invested $4.5 million, 33% stake!”

“”Backlog, invest $3.2 million, 25% stake!”

“‘PayPal’ PayPal, $2.2M investment, 15% stake!”…

“Paypal?” Guo Shouyun said suddenly.

Michael Moritz nodded, looked at Guo Shouyun’s expression, and after a flash of thought flashed in his eyes, he couldn’t help laughing: “Why, the boss doesn’t like this company, right?”

“I’ve been letting Wendy keep an eye on its growth, but I’ve let you take the lead before I can do it. Michael, it seems that you were the right choice to manage Phoenix Capital.” Guo Shouyun said with a smile.

Of the six Internet companies that Michael Moretz has invested in, he has never heard of the rest except Rotten Tomatoes, TripAdvisor and PayPal. But if you have these three, you are guaranteed to make money, and the rest is not important. Especially PayPal, who has experienced the powerful functions of Alipay and WeChat payment in later generations, he is more interested in PayPal than Netflix, eBay, etc. Like Google, he is one of the core companies that must be grasped in his hands no matter what.

“So I ruined the boss’s plan?”

Guo Shouyun waved his hand, “It’s not that serious, it’s just that you need to spend more money later!” After a pause, “Tell me about Netflix! If you increase investment, is it possible to get more equity?”

“The boss is also interested in it?”

“No, I just trust your vision!” Guo Shouyun smiled. For a project that is bound to make money in the future, although he doesn’t pursue controlling shares, he doesn’t mind investing more, especially now that the other party’s share price is still relatively cheap.

Taking a deep look at the smiling Guo Shouyun, Michael Moritz thought about it, “I can try, but I can’t guarantee success!”

“Success is good, but it doesn’t matter if it doesn’t. 20% equity ratio is not low!”

Michael Moretz nodded and continued with a smile: “It seems that the boss has indeed made a lot of money in the publishing of novels recently!”

“What, have you seen it?”

“Of course! Who made you my boss. But I have to admit that your talent in writing is as good as your commercial talent. Especially “National Treasure”, the settings of various plots are especially wonderful!”

After looking at him, Guo Shouyun smiled and said, “It seems that I have gained another book fan!”

After meeting a smile, Michael Moritz continued: “If the boss has enough capital surplus, I can recommend three investment goals to you.”

“Is it a PE project?” Guo Shouyun thought thoughtfully after glancing at him.

“Not bad! The capital scale of these three companies is not small. Phoenix Capital’s funds are not enough, and the investment income ratio is relatively low. However, it is undeniable that they are all excellent.”

Michael Moritz’s investment vision is time-tested, and Guo Shouyun is very confident in it.

“Tell me!”

“The first ‘Biogen Idea’ is a biotechnology company that develops and treats diseases of the nervous system. The second ‘Cergene’ is mainly engaged in the research and development of commercialized oral and small particles for the treatment of cancer and immune diseases. The third Home ‘Juji Electronics’, a company that designs and manufactures semiconductors.”

“Two biotechnology companies, it seems that you are very interested in this industry during this time?”

“Since you reminded me last time, I have been paying attention to this industry. Indeed, the biotechnology industry is a high-growth industry no less than the Internet. Moreover, this industry is born with the advantage of high technical barriers. Mature R&D results can grow as rapidly as Gilead and Amgen. The R&D strength of Biogen Idea and Celgene ranks at the forefront of biopharmaceutical companies, but their scale has grown, and they have acquired a wholly-owned subsidiary. If it needs more than 200 million US dollars, Phoenix Capital can’t eat it!”

“Everyone can see a good investment project. Even if we plan to invest, people may not be willing to sell it!” After thinking for a while, Guo Shouyun shook his head slightly.

“The U.S. recession caused by the Nasdaq crisis is our opportunity, and we have to give it a try!”

“I’ll let people get in touch with each other when I go back, but what is it about this ‘Juji Electronics’ that attracts you?” Guo Shouyun changed the subject. UU reading www.uukanshu.com

Although he knew about the future outbreak of biopharmaceutical companies, he was undercapitalized and had to make trade-offs when he had already decided to short Enron.

“I didn’t notice it at first. But when I was researching Qualcomm, I stumbled across the company’s CDMA division that holds most of Qualcomm’s patents on CDMA research and development?!”

Guo Shouyun’s footsteps suddenly stopped here. While his pupils tightened instantly, he stared at Michael Moretz and said solemnly, “Are you sure?”

“Sure!” Guo Shouyun’s reaction to this incident was a little surprised, “Boss, Juji is not Qualcomm after all. Most of the patent fees generated by the CDMA standard go into Qualcomm’s pocket!”

“Then why did you recommend it to me?”

Michael Moretz smiled and said: “For those who invest, rarity means there is investment value. And there is still room to develop the CDMA standard internationally! In addition, Qualcomm’s patent licensing fees are too high. I believe There will be people who will choose a relatively cheap giant.”

Guo Shouyun nodded. In fact, Michael Moretz also underestimated the value of the CDMA standard. In later generations, when smartphones became popular, Qualcomm used the baseband chip formed by the CDMA2000 patent and the integrated SOC. Using the strategy of buying basebands to send SOCs, it killed the mobile chip overlord Texas Instruments and dominated the global high-end mobile phone chip market, even the overbearing Apple must be restricted by it.

The final result is that Qualcomm has successfully won the “patent troll”, “baseband madman” and “industry tumor” in the world with its CDMA patent and its hegemony in the field of communication standards and baseband chips. Of course, scolding is scolding, and after scolding, you have to hand in the “Qualcomm Tax” obediently.