Chapter 1449 The same name is not the same as the profit

   "Anyone gone?"

   As soon as Blankfein and Mai Jinqiang left, Liu Hai knocked on the door and walked in.

  Xia Jingxing pointed to the seat next to him and motioned Liu Hai to sit down and say.

"The LP on the S fund side, Abel has already contacted. The listing of Facebook is just the beginning. Next, there are a lot of high-quality assets such as YouTube, Ali, and domestic holdings waiting to be listed, and the return of the S fund will be at that time. The rate will reach an astronomical figure.

  Whether it is the Jewish capital group or someone else who jumps out to stop everyone from getting rich, they will become the public enemy of everyone. "

  Xia Jingxing gave a "hmm" and said nothing.

The listing of    Facebook is a litmus test to test the energy and genuine attitude of our US partners.

   Now that the national policy has not yet fully shifted to the Asia-Pacific region, if he can't settle even a little thing, then he will no longer be taken advantage of.

   In the final analysis, his current industrial focus has fully shifted to China. After Facebook cut shares and went public, only Android and Tesla are left in the more sensitive industries in the United States.

   Among them, Android is involved in competition with Wisdom Fruit and Google, and it is more likely to be attacked by relevant interest groups.

  Tesla's development momentum is not big, and it can develop in a wretched manner for another two or three years.

  Liu Hai asked with concern: "What did Goldman Sachs and Morgan Stanley say?"

   "The two companies, together with their executives, belong to the vested interests of Facebook's listing. Naturally, it is necessary to ensure the smooth listing of Facebook."

  Liu Hai nodded, his expression instantly relaxed, and asked again, "They didn't put any excessive conditions, right?"

   "On the basis of ensuring the existing cooperation, I gave them a few more business."

  Liu Hai glanced at Xia Jingxing and knew that the other party had a sense of measure, so he didn't ask any more questions.

  Xia Jingxing said in an emotional tone: "I have a very bad feeling that an invisible net is opening towards me from all directions."

  Liu Hai frowned, "It's not easy to develop in this land full of hostility to the Chinese, but fortunately, the enemies have never been of one mind, and they value interests more.

   In the past, your differentiation, disintegration, and acquisitions have achieved remarkable results.

   Now that the fruit of Facebook is ripe, its attractiveness is not ordinary, and smart people will make the right choice.

  I am a little worried now. Those hostile eyes saw your defensive posture, and they simply chose to withdraw their claws and go dormant.

  The enemy who hides in the dark is far more threatening than the enemy who jumps out of his breath. "

  Xia Jingxing smiled and rubbed the coffee cup in his hand, "That's right, I hope they can stand up bravely now, but the mice with their heads and tails exposed are not easy to catch."

  …

  …

In the next few days, Vision Capital, Daxia Capital and the Kristina Walsh Foundation, Enoch Walsh Trust, and Rockefeller Joint Family Office, which were registered in the previous two years, started a series of orders. Dazzling share transfer.

  According to the plan, Xia Jingxing cut the 35.17% of Facebook shares held by individuals, Vision Capital and Daxia Capital into countless pieces.

   First, transfer 10% of the equity to Christina's registered foundation for $10 billion.

   Christina does not have that much cash, so Goldman Sachs and Morgan Stanley can only provide an equity-backed loan with a scale of $5 billion, a term of 5 years, and an annual interest rate of 4%.

  The 5-year loan term is not dead, and you can renew the loan when it expires.

   After completing this loan, the Kristina Foundation’s liabilities will reach an unprecedented $11.2 billion, and the 18.6% Facebook stake held by the foundation will also be pledged to two investment banks as collateral.

   However, the original loan with a principal of 1.025 billion US dollars can be released from the pledge, including about 10% of Facebook equity and YouTube equity.

The business listed this time does not include YouTube. This online video company has been spun off from the Facebook system in order to avoid infringement lawsuits and commercial extortion a few years ago. Currently, the equity is jointly held by Facebook shareholders and investor SoftBank. .

   In addition, Xia Jingxing will also inject 5% of Facebook's equity into his son's trust fund and the Rockefeller joint family office.

  The former is a gift, and the latter is an investment.

  The Rockefeller family will jointly invest US$5 billion in cash with dozens of families, and together with the Facebook equity assets worth US$5 billion injected by Xia Jingxing, a joint family office with an initial asset management scale of US$10 billion will be established.

   After completing the above operations, Xia Jingxing's shareholding in Facebook was only 15.17%.

The    is the 6.29% stake in Facebook directly held by Daxia Capital and the 8.88% stake indirectly held by the Envision Capital Liqiu No. 2 Fund.

  Liqiu No. 2 Fund currently holds a 17.77% stake in Facebook. Xia Jingxing is one of the LPs and holds half of the fund shares.

Xia Jingxing didn't really want to keep the 6.29% equity directly held by Daxia Capital. After thinking about it, he decided to dispose of it.

   If you want to cut it, cut it cleanly, and you will no longer directly hold Facebook shares in the future.

  …

  …

   After receiving the call from Xia Jingxing, a large number of hedge fund managers poured into New York from all over the world like a pilgrimage.

   Ma Ziming and Zhang Sanshi who flew from Hong Kong and Beijing were the first to visit Xia Jingxing.

   When they heard Xia Jingxing say that they would inject a large amount of assets into their fund, both of them were in a state of confusion.

   "Mr. Xia, you said...you want...to transfer Facebook equity to us? As a contribution to a new fund?"

  Ma Ziming looked at Xia Jingxing in disbelief and stuttered when he spoke.

Compared to Ma Ziming, who had just turned 30 and was a fledgling, Zhang Sanshi, who was approaching forty, was much calmer and more sophisticated. After being surprised for a few seconds, he quickly began to calmly think and analyze what Xia Jingxing was doing. intention.

  Xia Jingxing looked at Ma Ziming, whose face was full of astonishment, and simply challenged: "Yes, I need you to set up a special investment fund for me that obeys my command.

What does that mean?

   That is, I handed over the shares of Facebook to you to hold on their behalf, and they all followed my instructions when I sold them and bought them again. "

  Xia Jingxing stated his intention very succinctly, not to give the two of them a big gift package, but to find two of them to be his white gloves, or Ma Meijin.

   It is not the first time that Xia Jingxing has done this kind of thing. He has had pleasant cooperation with Peter Thiel and David Einhorn in the past few years.

   Ma's own name was hesitant, wondering if Xia Jingxing wanted to include him.

  Xia Jingxing seemed to see through the doubt in his heart, and explained very freely: "Facebook's global users are about to exceed 1 billion, accounting for more than one-seventh of the world's total population.

   Such an important social networking platform, as a Chinese, I feel guilty!

  Google has been clamoring to withdraw its servers from the mainland since the end of last year, but I, a Chinese, have been doing business well in the United States.

  Everything is afraid of comparison. If public opinion is induced to use it again by people with intentions, there will definitely be a lot of trouble. "

   Ma said indignantly: "This is a complete double standard, Google itself did not follow the rules of the game, and it voluntarily evacuated itself.

   Facebook’s situation is different, it fully complies with US laws and regulations. "

  Xia Jingxing waved his hand, "It's useless to say these things, people are under the eaves and have to bow their heads.

   Forget about us entrepreneurs, the country is not keeping a low profile yet. "

Ma Ziming looked at Xia Jingxing, who was four or five years younger than him, with complicated eyes. He had always thought that Xia Jingxing was a fairy-like figure, who traversed Wall Street in the United States and the global technology world, and achieved far more than the richest Chinese in the world on Hong Kong Island. There is so much helplessness for such a big man.

   It seems that once the business reaches a certain level, it is impossible to avoid politics.

   Although he understood Xia Jingxing's difficulties, Ma Ziming did not give a rash answer, but turned his attention to Zhang Sanshi, his teacher who was sitting beside him without saying a word.

Zhang Sanshi was kind to him, and it was this mentor who introduced him to Xia Jingxing, which is how Xuehu Capital now has a small scale, so even though he wanted to agree happily and repay Xia Jingxing's kindness, he considered Again, I decided to seek Zhang Sanshi's opinion.

   "No problem. On behalf of Gao Ling Capital, I agreed to set up a special investment fund for you, Mr. Xia."

   Zhang Sanshi didn't hesitate at all, seeing Xia Jingxing's eyes swept over, he immediately agreed to help.

   Hearing this, Xia Jingxing's face was full of smile, and he said, "I haven't introduced the rate of the fund yet, so don't rush to answer me."

   "There is no need to talk about the rate, and Gao Ling Capital takes nothing."

  Xia Jingxing smiled, "Then am I not becoming Huang Shiren? This is not possible, just follow the rules in the market."

   "Mr. Xia, I really don't need to talk about it. You are willing to entrust such an important task to us, which fully reflects your trust in us. I am very honored and happy about this."

   Zhang Sanshi had a bright smile on his face, and said: "We are not Yang Bailao, and no one or any company can get the equity of Facebook.

   If you don't mind, I'd like to add Facebook to GaoLing Capital's excellent ROI case. "

  Xia Jingxing understood, Zhang Sanshi just wanted to use "investing in Facebook" to gain a good reputation.

  A truly wise man!

   There are actually many advantages to doing this. At least when raising funds, it can fool a lot of people. At the same time, Xia Jingxing has to remember Gao Ling Capital.

   "Okay, just do as you say!"

   Everyone has said this, Xia Jingxing naturally has no reason to refuse, mutual benefit and win-win cooperation!

   (end of this chapter)