Chapter 1500 Seeing the needle
If Chuko Technology's industry is mortgaged to investment banks such as Morgan, Merrill Lynch, Goldman Sachs, and Lehman, it will be difficult for Chuko Technology to raise funds from UBS, Citigroup, and Boston First Credit Group.
It’s not that I can’t borrow it, but I have mortgaged all the valuable things. If I want to make money from those bank institutions, it will be a bit inconvenient.
As for domestic banks, they are definitely willing to lend Chuke Technology. Even if the funds required by Chuke Technology are sky-high, domestic banks are probably willing to invest and borrow Chuke Technology, but Chen Chu really is unwilling to cheat the domestic banks.
Seeing Chen Chu's attitude, David Mark, Richard Ford and others also knew that it would be unlikely that he would get more industrial mortgages from Chen Chu.
After coughing, Richard Ford said to Chen Chu as he took advantage of the situation, "We hope that Autohome can hand over the loan business of FUC North America and Europe to several of our institutions!"
Chen Chu glanced at Richard Ford, and he really took advantage of the situation and refused to let go of a little bit of meat.
Chen Chu didn't want to delay any further, so he nodded and agreed. These businesses were not unimportant, but they all priorities. At present, for Chuke Technology, the most important thing is the funds obtained this time!
"make a deal!"
David Mark, Richard Ford, Sain Jones, and Goldman Sachs, representatives of several Wall Street institutions shook hands with Chen Chu one after another.
The formal agreement will probably take a month to complete. After all, such a large amount of funds can be signed today, and then announced to the public. The listing of Facebook and Autohome can also be launched!
The lounge that had been noisy for a day, and after a while, David Mark, Richard Ford and others who had obtained the agreement left one after another, only Joe Lackb stayed here and prepared to go to Houston, Aerospace City with Chen Chu to watch a game between Yao Boss.
The sky outside the hunting ground was already dimming, and a large area of primitive forests began to blow up by the wind.
Chen Chu looked outside and reached multiple agreements with Lehman Investment Bank, Merrill Lynch Investment Bank, Morgan, Goldman Sachs, and more than thirteen Wall Street institutions.
In addition to Facebook and Autohome's listing, Chen Chu also gave up the underwriting rights agreements of several listed stocks, including Renren Film and Television, Renren Music, LinkedIn, Twitter, and Meituan, and mortgaged them out a large number of industries including SG Games, SG Game Platforms, SG Game Live, Lianzhong Games, CPDR Games, Meituan, etc., which was a huge bleed.
Of course, the gains are also huge. Facebook and Autohome are listed at huge valuations, and Facebook's financing directly exceeded US$10.4 billion, directly creating a new myth in the technology industry.
Although the Autohome is a big difference, it has raised $7 billion in financing and is listed at a valuation of up to $70 billion.
But this is only part of it. Chen Chu also transferred more than 15% of Facebook equity to several institutions, directly obtaining $15.6 billion in funds, and Autohome also transferred 20% of the equity in exchange for $14 billion!
Chen Chu, two companies in Facebook and Autohome alone, directly received $47.2 billion. Of course, the price is that Chen Chu's control over Facebook and Autohome has been reduced to a freezing point. If there are some twists and turns in the future, Chen Chu may lose his controlling stake in these two companies.
In addition to Facebook and Autohome, Chen Chu also used loans to mortgage SG Games, SG Game Platform, SG Game Live, Lianzhong Games, CPDR Games and other industries, and jointly received $60 billion in funds from several major institutions.
Of course, Wall Street is not a vegetarian. In addition to charging high interest rates from Chuke Technology, it also obtained investment rights for many industries under Chuke Technology. From today on, Wall Street has been completely entangled with Chuke Technology, and Wall Street can also penetrate into Chuke Technology's major industries.
This time, it is hard to say who will lose and who will win. At least by next year, Wall Street will definitely be very strong over Chuke technology, and the dominance of many industries will be controlled by Wall Street!
Joe Lackb was outside, reporting to the KPCB Venture Capital Board and Douglas. When he heard that Wall Street had really put out nearly 100 billion US dollars and almost bought Chuke Technology, KPCB Venture Capital on the other end of the phone could only sigh silently. The sudden change in Chuke Technology did exceed their expectations.
Douglas Collinger, who was far away in Yanjing, was silent for a while when he heard Joe Lackb finish his meeting today, and suddenly sneered.
"I don't know what happened, but I'm sure Chen is definitely not the kind of person who will sell Chuke's technology. It's better for KPCB venture capital to make plans early!"
Douglas Collinger has been dealing with Chen Chu for so long, and even if he can't say that he can see through Chen Chu's thoughts, he still thinks that he knows Chen Chu's style better than Wall Street.
Chen Chu was just as cautious as a thief, and was as cautious as an investment banker and venture capital institution. His attitude suddenly changed 180 degrees, and he directly mortgaged and sold a large amount of Chuke Technology's industrial equity. No matter how he looked at it, it was quite intriguing.
Douglas Collinger, however, investigated Chuke Technology and found no problems. Instead, it was SG Games and Onyx Technology repeatedly hit new revenue highs. In this case, Chen Chu tried hard to raise funds. Douglas didn't believe in any case, such as those with big plans.
Joe Lakbe hung up the phone. KPCB borrowed Chuke Technology $3.7 billion this time, but left nearly $10 billion in funds to prevent the so-called special situation Douglas said.
During dinner, Chen Chu, Bai Molu, Chen Meng and Joe Lakbu stayed at Kehunting Ground for dinner.
Without Sean Egan and other Wall Street people, Burkidevsky's expression recovered a lot. He held a bottle of vodka in his hand and drank it from time to time, introducing the food from the hunting ground to Chen Chu.
"This is a barbecue made with Eastern European baking ingredients. I dare say the taste is definitely the world's top!" Bukidevsky said to Chen Chu.
Chen Meng, who also stole a lot of good wine in the Dongshan Villa wine cellar, looked at Bukidevsky who was drinking vodka like boiled water, and also picked up a bottle of vodka and took a sip. I wonder if the wine was so good at Bukidevsky.
After a sip of wine, Chen Meng almost threw out the vodka bottle. There are also many high-quality liquors in China, but vodka is almost completely different from domestic liquors. Chen Meng is a little doubtful whether this guy is drinking alcohol!
Chen Chu took a bite of roasted venison, and the taste was not very amazing. After all, a whole venison was grilled, which was definitely not as delicious as a small barbecue, but the taste was really good, and it was a good idea to taste fresh.
"Thank you for your hospitality by Mr. Bukidevsky. If you have time, you can come to Asia and taste the delicious Asian food!" Chen Chu wiped his hands and said to Bukidevsky.
Bukidevsky, whose face turned red when he drank, laughed, "I will definitely go if I have the chance. I have been envious of Asia for a long time!"
Chen Chu had a few chats with Bukidevsky. Chen Chu could feel that Bukidevsky wanted to go back to Eastern Europe, but the Russians didn't have a place for him to stay. It was easy to go back, but it was difficult to get out.
"Chen, I heard that you also like sports. If you have time, I can recommend Abramovich, Prokhov, Usmanov for you. They also like to invest in teams. I think you will definitely talk to you!"
Burkidwski showed off his connections to Chen Chu. He was an oligarch from the Russians, but he is famous for investing in teams, including Chelsea, Arsenal, Bournemouth and other teams. The major shareholder behind it is an oligarch from the Russians. It is unknown whether he really likes sports or takes the opportunity to transfer funds from the Russians.
Hearing Bukidevsky's words, Chen Chu just laughed, "I will definitely visit you if you have the chance!"
But to be honest, if Chen Chu didn't spend some money, he would probably be suspicious. Now, both in football and basketball are the same price as the bargain, but the expensive ones are the venue and land where he plays football, which is really valuable.
He did not stay in the hunting ground for accommodation. After leaving the hunting ground, Chen Chu and Joe Lakbu watched a mosaic team game together. Although Yao's attendance rate was not high this year, his average score was a record high and the influence of the court began to reach its peak.
"Chen, do you want to buy an NBA team? There are many opportunities this year!" Joe Lakbo has always been eager to try it out. He lacked enough funds and wanted to win over Chen Chu into the group. Especially when Chen Chu has such a huge amount of cash now, acquiring a team is just a slaughter for Chen Chu.
In the noisy stadium, Chen Chu turned around and looked at Joe Lakbo, then said, "You can do this matter. In terms of funding, Oriental Sports and North American Trust Investment Bank are willing to solve it, but... let's not forget about the Clippers!"
Chen Chu didn't know what he remembered, so he specifically explained to Joe Lackb, and then said, "The Raptors, Warriors, Spurs and other teams can all ask for prices. In addition, Time Warner is also interested in selling the Hawks!"
Joe Lakbu didn't know why Chen Chu explained these things specifically, but he nodded. However, the Raptors are now a very good-looking guy, and Joe Lakbu really doesn't like it.
The rest are the Spurs, the Warriors and the Hawks. The Spurs are civilian giants. Although the current tractor manufacturer boss is the poorest in the NBA, he is not necessarily willing to sell the team. The remaining two teams have the greatest chance.
That night, Chen Chu asked Andre and others to escort Bai Molu and Chen Meng back to New York, and Chen Chu took a business plane to head towards Colorado. He wanted to meet with the president of LMC Free Media Group, which was the last thing in this trip to North America.
When Chen Chu was still on the plane, rumors about Chuke's technology began to spread from Wall Street and then began to quickly sweep the entire media industry.
"Chuke's technology is sold!"
"The largest cash out in history!"
"The big defeat began!"
Chapter completed!