Last year, after Dunn made a large amount of national disaster wealth, he took out 500 million US dollars and invested in the establishment of the "Scott Swift Venture Capital Fund", with Dunn accounting for 80% of the shares and Scott for 20%.
On the one hand, Dunn thanked him for operating Dunn Capital in the past few years and gave him a reward after he made a lot of money;
Dunn only offered him three suggestions: Ali, Penguin, and Samsung Electronics.
Success is the best, it can completely open up the Asian market and form a supreme authority. It doesn't matter even if it fails, Dunn has enough money anyway.
However, Scott Swift's ability is very good. As soon as he got the funds last year, it was a big deal that went smoothly.
Little Superman's Yingke Digital, leveraged a telecommunications company, borrowed heavily, resulting in two consecutive quarters of losses. In order to make up for the shortfall and repay the debt interest, some assets must be sold.
The 20% Penguin shares in Little Superman's hands were finally sold through a three-way transaction with Penguin and Scott Swift.
Scott Swift has invested a total of $32 million.
Among them, 18 million US dollars bought 20% of the shares in the hands of Superman; the remaining 14 million US dollars was invested in Penguin and got another 15% of the shares.
In just two months of operation, the Scott Swift Venture Capital Fund has become the largest shareholder of Penguin!
However, at this stage, the Internet is still a new word. China has no investment institutions in this area at all, and entrepreneurs also lack understanding of the Internet. As a result, the first batch of Internet companies are all foreign-invested.
At that time, Penguin could not see any hope of profit at all, and could not even afford a server. The founders of Penguin were in urgent need of financing to solve their predicament. They found Sohu, Sina, Yahoo, Kingdee, Lenovo, Haier and many other companies, all of which were rejected.
Fortunately, "Penguin" is a company that Dunn focuses on!
Scott Swift has worked under Dunn for many years. Many times, he couldn't understand Dunn's behavior and ideas, but the results after the fact often proved him right.
Upholding this kind of trust in Dunn, he did not hesitate to bet on investment!
This time, the early start has squeezed out the mih company in South Africa in the previous life, and in one fell swoop mastered 35% of the shares of Penguin.
In the blink of an eye, in 2002, Penguin, which had funds, began to exert its strength, and the number of QQ users increased greatly, and quickly defeated the chat software Yahoo! Messenger and icq, and the number of users approached the ace boss msn!
To say that Penguin would go bankrupt, Dunn couldn't believe it, "What happened?"
Scott Swift said quickly: "Penguin has a key product QQ, which is a chat software. This year, the software has been updated with new services, which are deeply loved by users, and users have become more and more There are many more, and now the registered users have exceeded 100 million!"
Tang En smiled, but was a little dazed, "It's a good thing to increase the day? What's wrong? Can't find the entrance to realize it?"
Scott Swift gritted his teeth: "Of course it's a good thing for Penguin, but it's a devastating blow to Microsoft's msn!"
Now, there are two most popular chat softwares in the world: msn and icq.
And Microsoft's msn, the overlord of almost every market, is the giant of chat software!
Tang En frowned and asked, "msn imitated QQ?"
Scott Swift said: "It would be nice to imitate, but the two softwares have different user positioning. The reason why QQ users can grow rapidly is because they are fashionable and avant-garde, and they have developed a stranger. A chat service, but msn can only chat with friends. In Microsoft's view, msn is a business software, and you should avoid messaging with strangers to prevent harassment."
Dunn has basically understood.
It's Microsoft's attack on Penguin!
In any market in the world, msn is the boss, and its status cannot be shaken. But in the Chinese market, a little-known QQ has emerged. With Microsoft's strong ability, it is easy to destroy the penguin.
"Dawn, I have invested 32 million US dollars. Penguin must survive. You have to communicate with Bill Gates. He can't do that! He is breaking the law!" Scott Swift said very emotionally on.
Dunn said calmly, "Breaching the law? What countermeasures did Microsoft take?"
Scott Swift gritted his teeth angrily, "Don't forget, Microsoft started with the Windows system! The medium for QQ is Windows!"
"what?"
Dunn was taken aback, and then he was angry and funny.
What a Bill Gates, he's playing really slippery!
Let the windows system directly block qq, so what else is there to fight for?
The chat software can be changed, the operating system... can't be changed!
msn can completely defeat qq overnight!
This kind of thunder means, let alone a small Penguin company, can't bear it if it is replaced by any computer company!
However, in some developed countries such as Europe, America, South Korea and Japan, there are mature anti-monopoly laws - net neutrality and operational monopoly must not be violated!
Tang En knew that Penguin must have passed this life-and-death test in his previous life, otherwise it would not have become a world-class Internet giant.
I just don’t know if Penguin later used WeChat, QQ and other software to monopolize traffic and block the behavior of suppressing competitors. Did it learn from Microsoft.
Therefore, Tang En behaved very indifferently. In the previous life, if the penguin could pass the test, in this life, it would definitely be no problem.
He only needs to say hello to Bill Gates and explain the powerful relationship among them. With the wisdom of the richest man, he can definitely make the most correct choice.
A foreign company, in the Chinese market, uses a monopoly to suppress local companies, what is the joke?
Even if the anti-monopoly law is very weak, the country will definitely not allow Microsoft to do this.
Scott Swift said quickly: "Microsoft China, I will communicate. But the attitude of Microsoft headquarters, especially Bill Gates is very important. You have to make it clear to him that he is destroying the Internet. fair play!"
Tang En said with a smile: "Okay, I see. I'll meet and chat with him when I get a chance."
...
At the height of the dot-com bubble, Microsoft was worth $650 billion.
However, if there is no antitrust investigation of Microsoft by the US Department of Justice and Congress in 1995, and the death penalty, without another antitrust investigation in 1999, Microsoft's market value is likely to exceed 1.5 trillion US dollars! Even $2 trillion!
Monopoly is definitely a hurdle that Microsoft cannot overcome.
In the emerging market of the Internet in China, Dunn didn't believe that Bill Gates would be overwhelmed. As soon as he entered, he would play the means of monopoly.
So on the matter of persuading Bill Gates, Dunn is confident.
Dunn's reputation in the American business circle is getting bigger and bigger, and he is invincible in Hollywood. He is a legend in the entertainment industry that everyone can't get through This face, Bill Gates will definitely give it.
In June, Dunn Pictures, Marvel Pictures, and Rose Pictures jointly held a press conference to announce new movie news: "Harry Potter 2", "Ant-Man", "Lost in Translation" three films, officially Shoot!
"Spider-Man 2" is also in the crazy May schedule, and gradually restrained its momentum.
Throughout May, "Spider-Man 2" grossed $460 million at the North American box office, beating out rival "Star Wars: Episode 2," which grossed just $180 million.
According to current box office forecasts, "Spider-Man 2" is likely to surpass "Spider-Man 1"'s $510 million North American box office to about $530 million.
And the North American box office of Star Wars: Episode 2...was terrible.
Dunn Walker's "Star Wars Episode 1" made $580 million at the North American box office, but "Star Wars Episode 2"...it's lucky to get half of that amount!
More importantly, "Spider-Man 2" is a global commercial blockbuster! Fans of any country can watch it without viewing obstacles.
But "Star Wars Prequel 2" is different, the overseas market and the North American market are completely two concepts.
With the current trend, the global box office of "Star Wars Episode 2" is likely to be cut in half, only half of the $1.18 billion box office of "Star Wars Episode 1"!
After the suppressed schedule in May, major Hollywood film companies began to compete wildly in June.
Warner's "Scooby-Doo", Disney's "Interstellar", Fox's "Minority Report", Universal's "Bournemouth", Sony's "Mr. Deeds"...
Of course, it also includes the MGM-funded war film directed by John Wu - "The Wind Whisperer".
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(Sanqi Chinese)