212. Crazy investment
The bursting of the Internet bubble has brought disaster to many emerging Internet companies.
Penguin is looking for financing everywhere, looking for Sina, Sohu, TOM, Lenovo, etc., but they all rejected the suggestion of acquiring Tencent.
At this time, Wei Yichen, who received the news, took the initiative to contact the Penguin person in charge, saying that the Star Investment Company is willing to invest 30 million to acquire 40% of Penguin's shares, and promised that he would not sell his shares within ten years, nor would he interfere with Penguin's decision-making and operations.
This money is nothing to Wei Yichen, whose assets are tens of billions of yuan, but it is a timely help to Penguin. It can not only help it survive the winter of the Internet, but also help it develop rapidly.
In January 2001, Alibaba only had seven million US dollars left on its books that could last for more than half a year. What's even more terrifying is that Alibaba did not find a way to make money at that time.
When Alibaba's capital chain was about to collapse, all venture capitalists were reluctant to pay another penny, so Wei Yichen stepped in to acquire 40% of Alibaba's shares, and the conditions given were the same as Penguin.
With the strong funds from celebrity investment, Alibaba not only did not lay off employees and narrowed its scale, but instead took advantage of this opportunity to expand vigorously.
Entering 2001, the production scale of Star Technology expanded to produce 200,000 mobile phones per day, with more than 150,000 employees, more than ten OEM factories, and thousands of cooperative manufacturers.
During the Spring Festival, Wei Yichen and Yu Feixian went to her house for the New Year and got together.
Then Yu Feixian found someone to work together to make the novel written by Wei Yichen into a TV series, making the heroine Fan Erbing more popular and her relationship with Wei Yichen more intimate.
The excellent performance and dazzling screen of the star's fourth-generation mobile phone are not only popular in the domestic mobile phone market, but also open up overseas markets.
In 2001, more than 60 million star mobile phones were sold, with sales exceeding more than 40 billion yuan and net profit reached 80 billion yuan, making it the most eye-catching star enterprise.
After the Internet bubble burst, the Nasdaq was left with only a mess.
Many stocks in Beautiful Country fell by more than 90%. The star overseas investment company represented by Lin Zhilin made more than 5 billion US dollars by shorting US stocks.
Immediately afterwards, I went long and specially bought companies that were very famous in the world after more than ten years, such as Netyi, Souhu, etc....
The stocks of these two companies fell from more than ten yuan when they were listed to less than a few dozen cents and less than one US dollar.
There are also many similar stocks with a drop of more than 80%.
Wei Yichen bought these stocks without worrying as long as it broke out before the financial crisis broke out in 2008.
By then, the market value can increase at least dozens of times.
At the end of August, Wei Yichen sent a message to the intelligence agencies of the beautiful country and Japan: September 11 terrorist attacks.
No one takes this seriously. Who can believe that someone is engaged in terrorist attacks and looting in beautiful countries? This is simply a tumult of Tai Sui's head.
On September 11, Wei Yichen issued a warning at the Beautiful Guoshili Center.
Some believe it, some don't.
Not long after, the terrorist attack was launched, and many people who did not believe were dead, and most of those who believed had escaped.
The survivors were very grateful to Wei Yichen, but the families of the victims and people from relevant departments of the beautiful country suspected that Wei Yichen had planned this terrorist attack.
If it weren't for his planning, how could he know so clearly?
Chapter completed!