Reborn Entrepreneurial Giant.

Chapter 466: Impact of Acquisition

The reason why Qu Li is confident that his investment in US stocks can be doubled ten times in ten years is because the current financing cost is extremely low. An ordinary loan of several million years may have an interest rate of 0.75%. With a large amount of funds, Tianming Fund can get 0.5%. .

With such low financing interest, you can imagine the popularity of the U.S. stock market. The operation model of Qu Li Tianming Fund is different from that of the Vision Fund. It makes steady investments, and the employee share ratio is not high. The enthusiasm of Qu Li is not high to become bigger and stronger and create greater glory. Don't worry about them messing around.

Not only do we need to borrow money from the United States, but we also need to borrow money from Japan to invest in U.S. stocks. The Japanese yen appreciates to 1 U.S. dollar and can only be exchanged for less than 80 yen. After three or four years, it depreciates to 120 yen, a depreciation of nearly 50%. At this time, we need to borrow money. If the Japanese yen is converted into US dollars, the investment income will be more than 10% in one year.

Tianming Fund is still making a small fuss. The arbitrage between Jumei, the international retail giant, and Honor, the consumer electronics king, between soft currency and Japanese yen and US dollars is really exciting. The typical operation is: soft currency Pledge of sister currency time deposit certificate plus foreign currency loan plus forward purchase of foreign exchange. You must know that the soft sister currency will soon appreciate to 1 US dollar to 6 soft sister currency.

Because of the arbitrage provided by Jumei Glory's financial team, Qu Li thought of asking Tianming Fund to do some low-risk arbitrage transactions. It is impossible for a real multinational company or capital not to pay attention to the exchange rate. Fortunately, Qu Li has an impression of the trend of the US dollar and RMB exchange rates. How much can he earn? Billion points.

Making money is really not difficult for a reborn person with accumulated experience. If Qu Li spends more time and energy, it is possible that Tianming Fund will exceed US$1000 billion in ten years.

Having been reborn and still pursuing wealth as the ultimate goal, this person is definitely a failure.So Qu Li quickly drove away the Tianming Fund team and went to Honor to check in and sometimes harass Tan Lijun. He did not ask Shopee to develop much in the United States, but he hoped to become a nail that Amazon could not remove.

Therefore, Qu Li asked Tan Lijun to firmly promote the mobile strategy and develop APPs and mobile websites suitable for IOS and Android.This is what he asked Dadongzi and Xu Lei to do. Now it is mobile first, and next year it will be Allin mobile.

After a period of hustle and bustle in the United States, Google Honor's acquisition of Motorola Mobility has finally quieted down. Maybe someone will try to take advantage of the situation, but he can only take advantage of it.

Returning to China, I learned about some of the things that happened during this period. This acquisition was the most influential thing in the Internet technology industry. There was a lot of discussion in the country, and there were many speculations about Honor's purpose. Is it patents, the market, or the mid-to-low-end market?

Lei Jun returned to China and accepted many interviews: "The two companies have complementary advantages, Motorola's technical strength, development capabilities, and channel advantages..."

Honor's self-operated store and authorized store systems have not yet been established, and the lack of channels now affects the market and profit margins.That said, it seems to make sense.But in fact, many acquisitions are made by entrepreneurs relying on intuition.

A cash acquisition of US$45 billion is not a big pressure for Honor. There is a lot of cash in the financing account just now, and according to this year's semi-annual report, Honor's sales in the first half of the year were about US$300 billion, and 15% of the net profit was US$45 billion. .But this is close to 300 billion soft sister coins. Such an acquisition by a private enterprise with such deep pockets is too envy-inducing.

Honor has grown up relying on the international market and is an export-oriented society. Even if some domestic people with deep relationship backgrounds want to cause trouble, they can't do anything about it. Even if they are domestic operators, Honor can only maintain good relationships at most and never kneel down. .

But there is a price to pay for being unique. China Cool Alliance and other established mobile phone companies, almost no one likes Honor. They often disparage Honor in various soft articles, boasting that the IPhone can "defeat" Honor phones, and clearly indicating that a certain brand is better than Honor. powerful.

Now that we have seen opportunities, there are various doubts. Foreign media clearly said that these patents are worth US$95 billion, and the rest are worth US$30 billion. Honor will acquire them for US$45 billion, which may involve the transfer of benefits.

Some people actually believe such baseless rumors. Fortunately, Honor and Weibo have cooperated, which can suppress the spread of "rumors" to a certain extent.However, some traditional media actually published similar news: "If US$45 billion buys a company worth US$30 billion, can private enterprises do whatever they want?"

I really don’t know where these people got the courage. Ignorant people must be fearless, so Qu Li directly sued after returning to China.What’s even more disgusting is the routine of spreading rumors and slandering.

Lei Junquli has been interviewed by the media one after another. When talking about this acquisition, patents are very important, especially 4G, high-speed wireless data transmission, semiconductor baseband chips, and CDMA-related patents.

"In the past, buying licenses only had a protective effect, but now acquiring patents can not only play a defensive role, but also have certain attack capabilities..." Qu Li said this again

For example, Oaks acquired the compressor patent from Hitachi and then used it to sue Gree.

"In addition, Motorola has a very excellent engineering culture. It went from a very successful company to failure in just a few years. It is worth learning..." We should go deep inside to understand the reasons for Motorola's failure and avoid making the same mistakes.

This time, Honor is different from someone who wants to acquire IBM's PC business, and it is also different from Geely's acquisition of Volvo. It relies entirely on its own hard power!

There are also people who rationally analyze and explore the risks and the possibility of glory failure.But Qu Li Lei was unmoved, which made people doubt his ability. Little did they know that they had prepared many emergency plans.

The president of Motorola China went to the "Motorola Building" to "report work" to Qu Lileijun, which made people deeply moved.

It is impossible for Google Honor to complete this acquisition this year. The approval time varies from country to country. It has to wait until the end of the first quarter of next year. This is a rule of thumb.

After Honor acquired Motorola, it dominated the hot search for a whole week. Qu Li had already had "evil intentions" and rented the Motorola building to start wanting to acquire this old company.Honor cooperated with Microsoft to stab Google in the back, and immediately cooperated with Google to acquire tens of billions of dollars. It was very skillful in playing political tricks...

Well, whether it's rumors or encouragement, it's hard to say much. That's it. There are still variables in the acquisition. Qu Li and the others have more important things to do.

Lei Jun went there, and Qu Li wanted to go there again to show how much he valued this incident.

"Are you confident in this acquisition?" A leader

"Well, I haven't thought about this problem, but I have already made a plan. If the acquisition is successful, we will pay equal attention to domestic and foreign markets. If the acquisition fails, we will focus on the domestic market..." Qu Li answered seriously