Yes, when he met Larry Fink at the last Silicon Valley party, Li Feng wanted to enter Wall Street and even control BlackRock behind the scenes. When Fink revealed that he agreed to Li Feng's stake in order to dilute the current BlackRock's control of PNV group, Li Feng made preparations.
Li Feng can be sure that his investment group is now only his own private investment company, mainly investing according to his own wishes. Although he often makes a lot of money because of his "advanced vision", realistically speaking, it is inferior to BlackRock controlled by Larry Fink in the financial industry.
Li Feng knows that BlackRock's future generations can control trillions of dollars of financial consortia and the king of Wall Street, which can not be compared by a personal investment group. Now Li Feng has enough personal wealth and enough potential strength.
If BlackRock, a consortium that controls and manages $5, 6 trillion in assets and even is said to be more than $10 trillion in assets, can become the behind the scenes major shareholder or even the controlling shareholder in the future, coupled with the cooperation of its own major groups, Li Feng can really call the wind and rain in the United States at that time.
Although it can't be like the peak period of Rockefeller, Morgan and other consortia, it's really like a modern economic myth to be able to do this under the modern developed economic and social system.
Of course, the possibility of holding is very low. Since Larry Fink intends to dilute the shares of PNC, BlackRock's behind the scenes holding group, naturally, he will not make the company a subsidiary of another consortium again, but it is not impossible. Who gives Li Feng a few more opportunities.
With such a mind, BlackRock naturally needs Li Feng's own people. There is no doubt that Bill Weibei, Li Shanquan and employees in Tianya investment company are very suitable candidates and opportunities to enter BlackRock, making executives of several investment companies become senior managers of the new BlackRock company, In this way, you have your own spokesman in BlackRock, which is perfect.
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Of course, before the merger, Tianya investment company needs to make some corresponding adjustments. For example, a large number of shares of Internet companies invested by Li Feng will be taken out separately, such as apple, Google, Amazon, Naifei, etc. the future value of the shares of these companies held by Li Feng is calculated in tens of billions and hundreds of billions, and Li Feng will not give them away.
Li Feng's investment company still has several funds raised. Thanks to the crazy outbreak of NASDAQ, the total scale of several funds has reached more than tens of billions. Moreover, with the madness of NASDAQ, they are still rising. The market value of Cisco, Microsoft and other companies is calculated at 10 billion.
That's why, seriously speaking, it's more like Tianya investment company's acquisition of BlackRock. Although BlackRock claims to manage $100 billion in assets, assets and enterprise market value are two different things.
Although BlackRock is not listed, its current valuation will never exceed US $10 billion. Unlike Li Feng's investment company, Li Feng does not manage assets for others, but only charges a handling fee.
When investing in the Nasdaq stock market, most of the funds raised by Li Feng have been raised at a certain interest every year, that is, Li Feng made money in the stock market with the money of investors, and paid only about 10% interest every year.
Li Feng still remembers that in 1995 and 1996, the total capital invested in Cisco and Microsoft was about US $2 billion. Later, there were continuous investments in the shares of the two major companies, totaling nearly US $5 billion.
Now, with the mutual rise of the market value of Cisco and Microsoft, both of them have exceeded US $200 billion, and the stock value of these investments alone has almost exceeded US $20 billion. Due to the lack of funds at the beginning, there are still some raised funds, which have been invested in the stock market. According to Li Feng's estimation, in the peak period around 99-00, The value of these stocks can definitely exceed $50 billion.
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After Li Feng has set aside the rest companies controlled by venture capital, he can fully buy BlackRock close to the stock value of these investment stock markets. Li Feng's shares can be cashed out at any time. In addition to the billions of dollars raised, the rest are equivalent to huge cash flow.
Just like a popular saying in later generations, stock speculation has become a shareholder of the company. Li Feng is the case. Tianya investment company has actually reached the line of 5% shares of Cisco and Microsoft.
Li Feng still remembers that at that time, gates and chambers sent notes to Tianya investment. After all, people were worried about malicious acquisition. Finally, Li Feng directly told them that he was only optimistic about the two companies and a stock investment, and directly declined their invitation to invite Li Feng into the board of directors of the two companies, which completely relieved the two leaders.
In a word, Li Feng's Tianya investment is like Li Feng's independent company and eating alone. In addition to raising a small amount of funds, just like bank loans, the whole Tianya investment company needs to return the principal plus a little interest. In fact, it belongs to Li Feng's personal wealth.
Therefore, in terms of market value, BlackRock group may only have a fraction of the market value of Li Feng's Tianya investment. Even if Li Feng classified those venture capital companies as Tianya investment companies, mainly just investing in the shares on the NASDAQ Internet, the value is far beyond ordinary people's imagination.
Larry Fink agreed to let Li Feng join in. First, he wanted Li Feng's shares of several listed companies like cash flow to increase the value of BlackRock; Second, dilute the shares of the parent company PNC and consolidate Larry Fink's position in BlackRock; Three to be able to pull Li Feng, an American wealth legend, onto BlackRock's warship.
Li Feng naturally valued BlackRock's future control of tens of thousands of dollars of assets and extraordinary influence. Both sides can be said to have their own needs.
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After some discussion among the three, the general framework came out. Li Shanquan, a Chinese financial genius, is going to be the head of Li Feng's and even Li's family funds. In other words, Li Shanquan will become the head of Li Feng's investment and fund finance in the future.
Bill wilbey will become the vice chairman and vice president of BlackRock's board of directors, the spokesman of Li Feng in BlackRock, and Xu Youyu, a Chinese financial genius, will also become a vice president and director of BlackRock.
Bill Weibei is a versatile person. Xu Youyu has made outstanding achievements in financial derivatives. It is appropriate to put them in BlackRock. Li Shanquan is very excellent in securities, stocks and funds. He just helps Li Feng manage his own private funds, stocks, investment and other affairs, and is good at showing their strengths.
Of course, now it's just a general idea after Li Feng discussed with them. Whether it can take shape in the end depends on whether it can negotiate with BlackRock and Larry Fink, the Wall Street elite.
"OK, it's roughly decided. Then you two call Eugene. We discuss to re integrate Tianya investment first, sort out all the lists, and then re delimit what should be delimited, and re register as a new family fund in major tax havens around the world to fully control this part of assets."
After some in-depth exchanges, the three basically reached an agreement, and then ordered with a smile.
"I see. Then the assets invested in your personal name will be independent and transferred to the major newly established funds." Bill wilbey replied with a smile.
"Yes, you have to be busy for a while. Before, we told Larry Fink that we would take a stake in his company. He agreed in principle. This time, we should say it well."
"Ha ha... Boss, I believe you can succeed. If Larry Fink is smart, he will choose to cooperate with you."
"Ha ha... I hope so!"
“…”
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For their work arrangement, both bill wilbey and Li Shanquan agreed. According to them, they have been mixing with the boss Li Feng all their life.