Zhou Buqi actually had a lot of things to do, but when he arrived in Silicon Valley, he only lived for half a month, not to mention London, Manchester, Seoul, New York, Tokyo, and even the nearest Los Angeles. He only worked online and through electronic

Communicate via email, WeChat, video and phone calls.

On the one hand, his wife and children are by his side, with three daughters and one son. It is best to spend more time with them. On the other hand, business in Silicon Valley has been the focus of his work recently.

Bitcoin and blockchain are on the one hand, investing in Internet finance is on the other hand, and there is Netflix’s equity transaction.

In fact, Zhou Buqi already holds enough shares in Netflix, nearly 19 million shares, accounting for more than 30% of the total share capital. Netflix's board of directors and management do not believe that his continued increase in holdings will be beneficial to the company's healthy development.

However, the emergence of Ziweixing Global has changed the structure of the entire Netflix board of directors!

Ziweixing Global owns two super film and television libraries, Universal Pictures and MGM, with more than 8,000 movies of various kinds alone. The total number of movies and TV series acquired by Netflix’s streaming business is only 3,500.

If Netflix can establish an in-depth strategic partnership with Ziweixing Global, is Netflix still afraid that its streaming media business will not take off?

However, after the exchange, Ziweixing Global wanted to wait for now. The new company has just been established. It would be hard to completely change Hollywood's inherent concept of Internet streaming media in the past few years as soon as it debuts. The impact would be too great.

First stand firm and keep your eyes on Lucasfilm.

Netflix just thinks this is an excuse.

The next step was easy. Netflix's management proposed on the board of directors to support Zhou Buqi in further increasing his holdings of Netflix's shares. In the past two months, Senior Sister Zhen Yu has been doing this.

On November 28, a multi-party agreement was reached.

The Zhou family's family fund spent a total of US$420 million, at an average premium of 12%, to buy 9.63 million shares of Netflix stock in the primary market from four institutions. On the day the news was announced, Netflix's stock price soared 22%.

The stock price reached US$52, and Netflix’s market value reached US$3.2 billion!

The stock price has risen, which is good news for small shareholders.

The outside world has even made predictions.

The strategic cooperation between Netflix and Ziweixing Global is a matter of time!

Then, Wall Street investment banks finally changed their bet on Netflix stock in the past half year and gave a "buy" investment recommendation, even setting Netflix's expected stock price at $85.

However, we should not rush the cooperation. We should wait until this storm has passed, and wait a few months. It is best to wait for Hulu's management to resign en masse, wait for them to join Ziweixing Global, and let them handle this business.

For Zhou Buqi, he had to deal with a problem quickly.

The family has no money!

Now, there are only 400 million US dollars left in the family fund's account. Even if the 600 million cash in the domestic account is added, it is still a drop in the bucket. It is not that the family's expenses are too high, but that the debt is too high.

The family foundation's total liabilities amount to $5 billion.

The annual interest payment alone is $350 million.

Senior Sister Zhen Yu said this while the family was sitting together making dumplings. As soon as these words came out, everyone present except Wen Zhixia and Xue Baoshan changed their expressions.

Seeing that she was cold-hearted, Zhen Yu realized that she had made a mistake and quickly said with a smile: "Don't worry, the money problem has been taken care of long ago. The family has made a lot of money this year!"

Although they were both secretaries, Sun Wanran was obviously closer and asked tentatively: "What kind of income is it? It can't be salary income anyway."

Zhen Yu smiled and said, "Well, it's not wages, it's capital gains."

Sun Wanran's beautiful eyes flashed and she said in surprise: "It's a private placement!"

Zhen Yu pursed her lips and said, "Yes, it has been established for one year and all indicators have been achieved. This year we can get the first excess dividend."

"How many are there?"

"The details are not clear yet, we have to wait until the end of the year for settlement."

Zhen Yu actually has a rough estimate, but it's not convenient to say it on this occasion.

This time last year, Zhou Buqi launched two private equity funds, one was Pluto Capital, with a total scale of US$10 billion, and the other was Neptune Capital, with a total scale of US$12 billion.

She hasn't received today's data yet. As of yesterday, the total scale of Pluto Capital has reached 13.12 billion US dollars, with annualized returns as high as 31.2%.

Neptune Capital's data is not so eye-catching, with annualized returns reaching 28.7% and total scale reaching US$15.44 billion.

The annualized returns of both private equity funds exceed the 20% dividend line. That is to say, if the commission is based on current returns, the fund managers will receive a total of 3.12344 = 6.56 billion U.S. dollars from the total income of the two funds.

Take 25% commission.

A total of $1.64 billion!

However, this is only a floating profit on the books, and you still need to pay a 20% capital gains tax when cashing out.

In other words, the shareholders of Pluto Capital and Neptune Capital made a total of 4.92 billion U.S. dollars. Zhou Buqi wasted nothing and made a direct net profit of 1.32 billion U.S. dollars!

Boss Zhou has built such a big business, so there is no chance of a personal financial crisis.

When the Bitcoin market takes off, it will be even more comfortable.

The next day, Zhou Buqi flew to New York with senior sister Zhen Yu and sister Bao Shan to handle the family's financial matters.

On the plane, Zhou Buqi asked: "Senior Sister Zhen Yu, the annual commission is more than one billion US dollars. Can we not cash out such a large amount of money? Just exchange it for fund shares."

Zhen Yu shook her head slightly, "No, commission is considered financial income, it is exact income, and tax must be paid. This is different from floating income in the capital market."

Xue Baoshan pursed her lips and smiled and said: "Classmate Zhou, if all fund managers do not cash out their commissions, then New York taxes will not be collected even more."

Zhou Buqi sighed, "Actually, there is no need to cash out everything. There is too much money to spend."

Zhen Yu said: "Actually, it's not much. The family owes too much. In addition to the long-term debt of 5 billion US dollars, there are also short-term debts, which were transferred from Neptune Capital. For example, the private yacht you ordered, and there are several

The purchase price, principal and interest of the real estate must be repaid. The real amount that can be obtained is about US$1 billion."

Zhou Buqi asked: "Can we delay cashing out until next year?"

Zhen Yu rolled her eyes at him and said, "Big boss, please stop playing tricks like this. There are not many loopholes in their financial system for you to take advantage of!"

The capital gains tax in the United States is also different. For financial products held for less than one year, the capital gains tax rate is 20%. For financial products held for more than one year, the capital gains tax rate is 15%.

In other words, if these two private equity funds can delay paying commissions for a few months, they can extend the holding period to more than one year, and the tax rate will be only 15%.

But it doesn’t matter, you have to pay 20% tax this year, and then it will only be 15%.

The two private equity funds of Zhou Buqi are different from other private equity funds. They are engaged in long-term value investment. After buying, they almost never adjust positions and exchange shares. They are all long-term holdings.

Zhen Yu said softly: "We have made so much money, but I don't know how many prosecutors and tax agencies are watching, so we can just follow the rules safely. This time, we will sign the documents and gradually start the process in December."

Cash out the funds and pay them as commissions. We don’t receive much salary, and the only income our family has every year is these commissions. The more we have, the more we can keep the family fund’s healthy cash flow.”

Zhou Buqi said: "Okay, you can take care of the money anyway. If you spend more money, well... you can go to Australia to buy a luxury house, and then go to the southern hemisphere to spend the winter in winter. Or buy a piece of land and build your own manor."

OK."

Zhen Yu is not interested in participating in this kind of thing. Fortunately, Aunt Xue, Ning Yaxian, Wu Yu, and Wen Zhixia are very interested in the house, so let them do it.

It doesn't matter how much you spend.

Then, she turned the topic to Ziweixing and asked curiously: "What's going on with Bitcoin? I heard Guo Pengfei say that you have recently become obsessed with blockchain technology?"

"Guo Pengfei already knows?"

"Isn't there such a thing?"

"Yes, but these are just hype concepts and not worth mentioning." Zhou Buqi gave a very candid explanation, "Ziweixing's technical direction has always been cloud computing and artificial intelligence, and this has not changed. However,

Blockchain technology must be hyped up with bluff, and some science fiction-level technologies must be depicted.”

Xue Baoshan was confused, "Why speculate on concepts? Isn't it good to do business quietly?"

Zhou Buqi shook his head, "Not good."

"Why?"

"You may not have participated much in the atmosphere here in Silicon Valley, but you will understand it if you come in and wander around. What Silicon Valley respects is not giants with high market value, but revolutionary innovations that can change the world. In this regard, Zi

MSI is still a bit inferior.”

"Is it bad?"

Xue Baoshan disagreed.

Many of Ziweixing's businesses have also made great changes and impacts on the world. For example, helo on smartphones may change the pattern of the communications industry.

Zhou Buqi said: "Cloud computing was promoted by Google and Amazon, and social networking was promoted by Facebook. What Silicon Valley cares more about is 0 to 1. From this perspective, Ziweixing International is compared with those Silicon Valley giants.

, the attractiveness will be greatly reduced. We have not made a contribution from 0 to 1 in any industry."

Xue Baoshan was not convinced, "Facebook was modeled after the school network."

Zhou Buqi said: "But there is no school network in the United States. In their perception, Facebook is the originator of social networks. It is Facebook that promotes and makes changes around the world, not the school network."

Zhen Yu gradually understood, "So although the concept of blockchain was proposed by Satoshi Nakamoto around Bitcoin, it has just begun and is still in stage 0. We need to take over this direction, Zi

If MSI promotes blockchain from 0 to 1 and promotes cutting-edge technological changes, it will win the recognition and respect of Silicon Valley elites."

"Yes, that's what I mean." Zhou Buqi paused and squinted his eyes, "The virtual currency surrounding the blockchain will definitely become popular in the future. In this decentralized industry, Ziweixing International should become the industry leader.
Chapter completed!