The Age of Rebirth

Chapter 392 Start the liquidation

At noon, Li Weidong and Wu Gang drank a little wine. After sending Wu Gang away, they were going to sleep in the room. The two children were also put on the bed by Liu Jinhui, and Li Weidong took them to take a nap.

From the beginning of pretending to sleep to the end when he really fell asleep, but for a while, Li Weidong slept soundly. As for whether the two children also fell asleep under his leadership, he didn't know.

At this time in California, the United States, Jiang Zhili and Fu Xiaomin walked out of Yahoo's headquarters building accompanied by the crowd. The snow outside was shining brightly under the moonlight.

Yahoo just concluded today's board meeting. It has been open since the morning. Fu Xiaomin raised her hand and glanced at the exquisite watch on her wrist. It was already eleven o'clock.

"Mr. Jiang, Mr. Fu, I'm very sorry. The board of directors believes that this acquisition is in line with the company's future development direction and will definitely become an advantageous product of the company in the future, so it is imperative!"

David, one of the founders of Yahoo, said with regret that Yahoo proposed to acquire Broadcast last year, but the amount spent required 57 billion US dollars.

For such a big matter, Jiang Zhili and Fu Xiaomin immediately reported it to Zou Yi, and Zou Yi reported it to Li Weidong.

Li Weidong thought about it all night before finally making the decision not to express his opinion. In fact, this was a silent objection.

After several rounds of strategic financing and the subsequent dilution of the listing, Mayfly Capital holds nearly 30% of Yahoo’s shares and is a well-deserved major shareholder.

Jiang Zhili abstained from voting on behalf of Panyu Capital. This must be a big event. Such a big difference must require communication and coordination, but Li Weidong's attitude is very firm.

Even Zou Yi, who thinks he is familiar with Li Weidong, is not sure about Li Weidong's attitude. Even if he disagrees, he directly opposes it, and it's over. As long as Li Weidong opposes, the probability of this matter is almost impossible, but Li Weidong must play tricks.

Li Weidong also has his own considerations. Li Weidong is really not very clear about Yahoo's later situation, but the decline must be true. After that, he rarely heard the name Yahoo.

And when I heard his name, it was mostly associated with Ali, saying that Yahoo was lucky, invested in Ali, and finally made tens of billions of dollars.

It is also fortunate that he invested in Ali at the beginning, which allowed him to linger for so long, otherwise he would have declined long ago.

Now that it is about to decline, Li Weidong has no reason to let him make it big. Although he has 30.00% of the shares, from the feeling, Li Weidong never thinks that this company belongs to him. From the bottom of his heart, he uses Yahoo to make quick money.

Now that the Internet bubble is almost at its peak, the risk will increase by one point every day that passes, and it is time for him to clear his position.

Moreover, the acquisition of a company with poor financial conditions for US$57 billion is not money, is it a ghost coin?
If it weren't for knowing that there was nothing tricky in it, Li Weidong would have thought it was a transfer of benefits!

If you don't work, you won't die. A alive Yahoo is not necessarily a good thing for those famous Internet companies in the future, and Yahoo took off at the forefront.

There are many similarities with Netscape in the past few years. It does not have any core technology, but relies on the popularity of the Internet to grow rapidly. This model is too replicable, and it needs technological innovation for a long time. .

"Then congratulations, I hope the company will get better and better!" As a Chinese, Jiang Zhili maintained enough self-restraint, but he was already very angry.

"Mr. Jiang, I think it's a very regrettable thing that Moma Capital quit Yahoo. Yahoo is the most successful Internet company in the world. We all know that!" At this time, Tim, the CEO of Yahoo, said with a smile.

There were only two things in their board meeting today. The first was to vote again on the acquisition of Broadcast. Without a doubt, Jiang Zhili abstained again, but it finally passed.

And the second thing is to implement Li Weidong's decision, the briefing meeting on the sale of Yahoo shares, which is why the meeting was held so late.

The directors present at the meeting are not the real owners, and most of them are appointed by the shareholders. For such a big matter, it is natural to need to communicate with the real boss.

At this time, the Internet is in full swing, the fire is cooking oil, and the flowers are blooming like a brocade, and Yahoo is one of the giants of Internet companies, so naturally many people want its shares.

However, Li Weidong has too many stocks. Based on Yahoo's closing price of more than 1000 billion U.S. dollars today, Li Weidong's share of stocks exceeds 300 billion U.S. dollars.

Even in the hot stock market, it is difficult to undertake such a large stock selling pressure, so it has to be done slowly, one is to sell to the major shareholders of Yahoo, and the other is to sell slowly in the secondary market. How much to hit the stock price depends on the technique.

Fortunately, someone expressed an idea on the spot and would come over to negotiate the price in person, which would have relatively little impact on the stock price and be beneficial to everyone.

"Really, I don't think anyone knows the Internet companies in this world better than us!" Jiang Zhili still has some respect for David. After all, David is the founder of Yahoo, but he doesn't have much good looks towards the CEO.

Although they are all part-time workers, the shareholder he represents, in legal terms, is Tim who works for him, and his status is one level lower, and what he said is a bit arrogant.

What is regret, Jiang Zhili has experienced it, but he does not believe that Li Weidong has experienced it too. He does not remember when Li Weidong made a mistake in his decision.

Even if Yahoo really gets better in the future, he believes that Li Weidong will not regret it. The tens of millions of dollars he invested at the beginning, and now tens of billions of dollars in income, the rate of return has been thousands of times, and there should be no regrets .

If it weren't for Yahoo's rapid development and the need for non-financial resources brought by more investors, Yahoo's various rounds of financing would have no chance for other people.

Now Yahoo's shareholders include more than a dozen venture capital companies including Sequoia Capital and Softbank. These companies not only provide Yahoo with money, but also provide a lot of social resources and various kinds of help.

But Mayfly Capital is the top-ranked venture capital company in the United States at this time, but after all, it has been established for too long, and its influence in some high-level positions is not great. It seems that there is nothing else to provide except for some funds.

Therefore, in the view of Tim, the CEO of Yahoo, Mayfly Capital is an upstart, and it is an upstart with shit luck. The money earned by luck will always be lost by strength in the end.

Tim looked embarrassed. Although he is an upstart, he is rich and has invested in many companies. As long as you can write a project letter of some standard, you may get a considerable amount of angel round investment.

Therefore, Mayfly Capital has invested in thousands of companies in the United States, with thousands of employees, and these employees are all high-achieving students.

"Mr. Jiang, I think you misunderstood. Tim didn't mean that. He just felt a bit regretful that we couldn't work together. I wonder if I can visit Mr. Li?" Chinese.

Yang Yuanzhi is the founder of Yahoo, and with Yahoo's current scale, it has naturally reached a certain height. It is not surprising to know that Li Weidong is the person behind the capital.

So I was very curious about what kind of person Li Weidong was, so I visited Li Weidong on purpose when he returned to China for inspection, but he couldn't see anything strange at all.

Although I was lucky enough to have dinner with Li Weidong and talked for a long time, it seemed that we didn't talk about anything.

This time, Anyu Capital abstained from the voting and withdrew its capital again. Such a big matter must have been ordered by Li Weidong, so he wanted to visit and find out what went wrong.

Now that Yang Yuanzhi made such a request, Jiang Zhili was a little embarrassed. Everyone knew Li Weidong's temper. Now that he had made a decision, he would not change it easily.

"Miss Fu, why don't you call Mr. Li and ask for instructions. It's about four or five o'clock in China, and the time is more suitable?" Yang Yuanzhi looked at Jiang Zhili a little embarrassed, and said to Fu Xiaomin next to him.

Yang Yuanzhi once showed a strong interest in Fu Xiaomin, but Fu Xiaomin is an investment agent, and Yang Yuanzhi is the founder, it is inappropriate for them to develop that kind of relationship.

Although Yang Yuanzhi is young and rich, and he is the kind with a lot of money, who has attracted the hearts of many young girls, but Fu Xiaomin is not a cute girl, she is not short of money, and has no plans to give up this job.

Fu Xiaomin glanced at Jiang Zhili, saw him nodding, paused and said, "Wait a minute, I'll make a call!"

They talked in Chinese, and the few foreigners who came to see them off didn't know what they were talking about, but they guessed from Yang Yuanzhi's expression that the matter was very important, and it was difficult to talk.

Holding her mobile phone, Fu Xiaomin got into the car that was parked next to her. A few seconds later, the driver of the car opened the door and got out.

Fu Xiaomin dialed Li Weidong's cell phone, it rang a few times before it was connected, Fu Xiaomin hurriedly said, "Chairman, hello, I'm Fu Xiaomin!"

"Xiaomi, it's me, wait a minute, I'll call him!" It was Liu Jinhui who answered the phone, and walked to the bedroom with the phone.

"Thank you, Mr. Liu!" Fu Xiaomin said quickly.

"Weidong, get up quickly, Fu Xiaomin called, it must be midnight over there, there must be something urgent!" Li Weidong fell asleep, and yawned when he heard Liu Jinhui's words.

After a pause, he sat up, stretched out his hand to take the phone, and muttered, "At this time, what kind of call do you make? You really have a good time!"

"I'm Li Weidong!" Li Weidong said into the phone.

Fu Xiaomin on the other end of the phone looked embarrassed. It was a sin to disturb the boss's sleep. If she knew that Liu Jinhui's calling was to wake him up, she would not agree to anything.

Moreover, she could hear Li Weidong's mumbling words clearly, and the embarrassment on his face became even worse.

"Chairman, I'm Fu Xiaomin. Today we finished our meeting with Yahoo. The proposal to acquire Broadcast was approved. We also raised the issue of selling Yahoo shares. Many shareholders expressed interest, but the price We need to talk again!" Fu Xiaomin first briefly and quickly reported the situation of today's meeting to Li Weidong.

"If you pass, let's pass it. If it rains, your mother will get married. No one can control it!" Li Weidong said in a daze. To be honest, he still felt a little uncomfortable. Too blind.

Moreover, this kind of huge acquisition has already happened once. At the beginning of last year, Yahoo spent more than 30 billion US dollars to acquire a company that provides personal homepage services.

Although Li Weidong did not abstain from voting, he hesitated for a long time before agreeing to the proposal.

There will definitely be a certain market for personal homepages, but there are too few Internet users and too few profit models, which are still a bit too advanced, and it is difficult to estimate profits.

Now that you spend so much money to acquire a company that is even worse, when will you see the return?

"One more thing, just now Yang Yuanzhi asked to visit you?" Fu Xiaomin asked carefully.

"Forget it, it's good to get together and leave, maybe we will meet again sometime, see you again if there is fate, I have nothing to say to him, please say thank you to him for me!"

Li Weidong thought about it, and there is indeed nothing to see now, and seeing it can't change his plan not to sell Yahoo stocks. Of course, he may still buy bottoms in the future.

Fu Xiaomin froze for a moment, it was the first time she heard Li Weidong say thank you to others like this, but if anyone can make her earn so much money, it would not be too much to say thank you sincerely.

"Chairman, I will definitely convey it. Is there anything else you want to order?" Fu Xiaomin didn't dare to disturb Li Weidong any more.

"When does Lao Jiang take the plane, you will come back together!" Li Weidong said after thinking about it.

"Jiang is always on the plane tomorrow night, and I have to go back too?" Fu Xiaomin answered Li Weidong's question first, and then asked.

"Yes, you come back with him, let's put aside the work over there first, is Lao Xu also in the United States now, maybe you can take the same flight!"

In order to be able to better invest in some mainstream stock markets in the United States and other countries, Xu Yandeng has opened branches in several countries in order to be able to synchronize with the work and rest of the stock market.

And Li Weidong thinks that the stock market in the United States will make big moves, so Xu Yandeng will naturally go to the United States to sit in charge.

"Chairman, Mr. Xu is in Washington DC, but there is no direct flight to Beijing. He needs to transfer. If he transfers from San Francisco, maybe we can meet him!"

"That's it. It's late in San Francisco. It's okay to hang up. Let's rest!" Li Weidong made a common-sense mistake, so he was naturally a little bit uneasy.

"We just finished the meeting. Now we are downstairs in Yahoo's headquarters. We will leave immediately, Chairman, so I won't bother you!" Fu Xiaomin explained, and then said goodbye to Li Weidong.

Hearing the busy signal on the other side of the phone, Fu Xiaomin smiled before hanging up the phone, then called Zou Yi again, and narrated what happened just now before opening the car door and getting out of the car.

As soon as the car door opened, all eyes gathered. Fu Xiaomin met Yang Yuanzhi's expectant gaze, then shook her head slightly, "Mr. Li asked me to say thank you on his behalf!"

"Thank me?"

Yang Yuanzhi looked at Fu Xiaomin with a confused face, but Fu Xiaomin didn't explain it to him, and couldn't explain it. Could it be, "Thank you for helping me earn so much money?"

Under the confused eyes of everyone, several people got into the car and left. After Jiang Zhili got in the car, he said to the secretary in the front row, "Xiao Qin, I remember that your home is in the capital. This time I will give you two days off when I go back. Check it out!"

Qin Shijun immediately said respectfully, "Thank you, I will be your guide when we arrive in the capital!"

Qin Shijun is a native of the old capital city. He studied for a master's degree in finance at Ohio State University. After graduation, he entered the work of Wumai Capital. A year ago, by chance, Jiang Zhili took a fancy to him and became his secretary.

(End of this chapter)