Chapter 1916 Commercial Real Estate Project

In July, Zhou Buqi came to Silicon Valley.

Good news comes one after another.

The first thing was that the land approval of the San Jose Earthquake's home stadium was finally approved. The City of San Jose was unwilling to let such an iconic team lose it, and made great concessions, expressing its willingness to invest $120 million to sponsor the team's home stadium construction.

This money is a little bit small, but fortunately, it is better to have it than not.

Fortunately, the land was well-designed, not the city center, but is located in a large area of ​​key development economic zones planned by the city. In terms of individual cities alone, San Jose is a big city in the Greater Bay Area second only to San Francisco, and is the heart of the real Silicon Valley.

The Warriors settled in San Francisco, and the Earthquakes settled in San Jose is not an exaggeration.

Americans play football, it’s different.

Zhou Buqi is a radical business in Europe and is leading the commercialization reform of European football step by step. When he comes to the United States, he is an eye-opener.

The San Jose parliament approved $120 million in funding, which is not counting. The parliament also set a huge urban planning fee of $420 million to improve surrounding transportation, urban construction, docks, water and electricity and other facilities.

The reason why I invested so much is that the city has a very grand and magnificent business plan for the new stadium of this earthquake team!

This is not building a court, this is building a business center!

That’s right, the land allocated was planned in the name of the commercial center. Of course, the center of the stadium is a green field, but the stadium is so big and there is too much space available, so there is no need to waste it too much, and it all becomes a commercial project for rent!

Just like a department store, cut the new stadium and plan it, and then introduce enough businesses to start doing business here.

After the fans arrive at home, they can go shopping, eat, fall in love, go to bars, drink, and play billiards here...

Zhou Buqi was shocked when he saw this building plan.

This is a thorough American thinking.

Where is the slightest belief in football?

It's a tool!

It's business.

Make good use of the market effect of football and give full play to the local economy. A football game is a big party. Win or lose is not important. What is important is that the family can spend a happy weekend on the stadium.

This is a lifestyle.

Just like many families take their children to the cinema to watch movies on weekends, this kind of movie is called "family fun" movies in the industry. The purpose of this type of movie is to bring joy to the whole family at family gatherings, and there is no unnecessary expression of demands.

Football and basketball can also be a family fun.

The difference is that the family-friendly venue has been replaced from a cinema to a stadium.

Sandezi is a pure businessman, and he thinks that playing football in the United States will be more like a fish in water. He thinks that such a sports plan is more in line with the market economy. "The construction fund of 120 million US dollars is definitely not enough. If you want to build a stadium with a size of 40,000 people, it must have the bearing attributes of a commercial center, and at least $400 million to $500 million will be invested."

"That's a big sum?"

Zhou Buqi frowned slightly, and was a little embarrassed.

He would support such a design from the bottom of his heart.

Although he is a loyal fan, he never too high football. Football is football, a tool to bring happiness to people. Happiness is the ultimate goal, rather than putting the cart before the horse and putting football in a higher position than happiness.

The plan planned by the San Jose City Hall can be said to be a greatly reduced football's existence value, which is to use football as a tool.

But from a business perspective, this is the right thing to do.

There is actually no difference between football, basketball, rugby, music, movies, and online novels. They are all tools to bring happiness to people, so they should not have higher value demands. This is just a million ways to find happiness invented by humans.

The purpose is to find happiness.

In the process of finding happiness, consumption is generated and the economy is driven.

He can actually understand this set of American thinking.

At least you must follow the local customs.

In the United Kingdom, I admire the British style in the United States.

But now there is a problem. If you want to build such a large commercial real estate project... the investment will be too great. If you just build a stadium, it will not cost much. A stadium of 40,000 people, 200 million US dollars is enough to build an intercontinental-level stadium.

But for big commercial projects, the money will cost more.

Zhou Buqi is now a little financially tight.

Sandezi smiled and said, "You can go to raise funds."

Zhou Buqi was slightly stunned, "Finance?"

Sandezi said: "Yes, financing, the United States is a financial country, and all projects can be processed financially. Artists want to draw a painting, but without funds, they can raise funds; musicians want to write a song, and if they lack money, they can also raise funds. It is similar to Ziweixing's financing, and it can also be divided into equity financing and debt financing, which depends on what the financing party prefers."

Zhou Buqi now understood, "You mean treating the earthquake team's home court as a real estate project, financing externally? Dilute equity and start financing?"

Sandezi smiled and said, "Yes, equity financing is the best solution. Those major projects in Manhattan are all done by more than a dozen partners, and they are all investments completed by financing in the market. Moreover, we are commercial real estate, so we can invest in the first place. If the investment goes well, maybe... maybe we have already made $1 billion before the stadium is built."

This is to completely operate real estate projects as financial products.

No matter how the development of this home project will be in the future, let’s talk about it first!

Draw out the pie and attract others to invest.

Then as a "painter", you can earn your future income in advance. As for what you can develop in the future, God knows! If you develop well, everyone will be happy. If you don't develop well... Investment is risky, you must be cautious when entering the market. If you lose money on your own investment, you won't blame others!

Zhou Buqi has seen the big scene.

He felt that he was already radical enough in the European football field, and compared with the sports model in the United States, it was really a big distance.

The United States is really having a bad time.

Even Zhou Buqi was a little confused, "Do you think it's OK?"

Sandezi was full of confidence, "I think it's OK!"

Zhou Buqi did not dare to make decisions rashly.

Sandezi suggested: "We are not professionals, so we can find a professional company engaged in similar real estate projects to operate this project. There is always a bottom line that we can keep, and we won't lose money no matter how we keep it."

Zhou Buqi asked: "What bottom line?"

Sandezi said irresponsibly: "We only offer the brand of the earthquake team and give the name of an investment home. As for money, we don't pay a penny. If we lack money, we go to the municipal government to approve it and find financing in the market. In short, we don't pay a penny! After the project is completed, we get the biggest benefit. If the project is not completed, we will not lose anything. It's just that the authorities failed to plan and started a large unfinished project."

This guy is an investment manager who came out of Wall Street.

Ruthless.

No mercy!

...

When it comes to trading, the two transactions operated by Luyi seem to be very spring breeze.

He is handling two transactions that Boss Zhou is highly concerned about.

There have been results.

The first thing is Justin.tv's game channel.

The game channel is the most core and important asset of the website Justin.tv. It was targeted by Ziweixing and sold at a total price of US$320 million.

On July 1 this year, Justin.tv's game channel was officially split into a video website called "Twitch" specializing in games, and was operated separately as a subsidiary of Ziweixing International with 100% stake.

The price of $320 million is not low.

Cash acquisition is impossible.

The available cash flow on Ziweixing International's account is only US$1.26 billion, and it can no longer move in big ways. This transaction was completed with US$50 million in cash + US$270 million in Ziweixing International's stock.

Another deal is the gaming company Valve.

Valve is very well-known, and its most famous game is of course "Counter-Strike". In order to promote "Counter-Strike" to allow online battles around the world, Valve launched its own game battle platform Steam.

What Zhou Buqi is targeting is this game platform Steam.

Ziweixing is planning to divest the game business.

On the one hand, he started selling his friend's studio to EA, and on the other hand, he started selling the remaining core part to Changyou.

In the field of gaming, Ziweixing is no longer an athlete. Just build a good platform and play the role of a referee. From the previous game video Twitch to this game battle platform Steam, this is the way of thinking.

The most popular game on Steam now is of course the world-spoken battle game "DOTA2", which is the game of Changyou.

Valve has no room for negotiation at all.

The existence of "DOTA2" is related to Steam's life and death.

There are many similar battle platforms, Blizzard's Battle Network has a great influence, and Microsoft also has its own Xbox platform, which has also entered the PC gaming field.

Valve is just a small company and has no ability to compete with giants.

Holding Zi Weixing's thigh is a chance to survive.

So this transaction was not subject to much resistance, the transaction amount was only US$160 million, and this time it was a pure cash transaction.

After completing these two transactions, Ziweixing International's transformation in the gaming field has begun the first step.

The second step is to friends’ studio.

This has entered July, and it has been the second half of the year.

Just like what Zhou Buqi expected, two days after he came to Silicon Valley, Don Matrick took the initiative to find him and actively reported the situation. "The negotiation between friend's studio and EA has basically reached a consensus!"

"Oh? How much?"

"US$1.87 billion, wait until it is finalized."

"Which day?"

"All right, you decide."

"good!"

(End of this chapter)
Chapter completed!