Chapter 172

"Bad luck, bad luck—"

"Why am I being targeted by the Rockefellers—"

"They want to invest in Apple?"

"And then proposed 1000 million to take 20.00% of the shares?"

"What's the difference between this Nima and Ming Qiang?"

It's night, home.

Ethan was bouncing around like a Pipi shrimp on a hot pan.

Pacing back and forth, he waved his hands, venting his dissatisfaction, and his speech speed like Namo Gatling Bodhisattva showed his inner anxiety.

And the sound of footsteps made Evelyn grin on the sofa.

"Ming grab?"

"Oh my stupid brother—you don't use the right word."

"It's not called Ming Qiang, because they paid for it."

"What the hell? Doesn't it count as robbery if you give the money? Buying and selling by force is also illegal—uh, well, this is indeed not illegal." As soon as the words came out, Ethan felt that something was wrong, and a 180 came directly. He made a huge turn at a high speed, and almost didn't let him bite his tongue.

Because when he was talking, he remembered that buying and selling by force was illegal in the country of his previous life, but it was very normal in the land he was stepping on now.

After all, Onsa is traditional.

Not to mention the far ones, but the ones that are near, he can list several——

For example, in the case of Alstom in Gaul, Ameriga forced Alstom to sell its power business to General Electric;

Another example is Tik Tok, a New York real estate developer forced its parent company to sell it;
Of course, these two cases are not the most shameless. The real fun is John Bull. Before Ethan crossed over, he heard the news that John Bull ordered Nexperia to divest NWF.

The cause of the whole incident occurred in 2021, when Nexperia acquired NWF, the largest wafer manufacturer in John Bull. employment issues, approved the acquisition.However, shortly after the completion of the acquisition, when Nexperia injected funds into the company to revitalize it, John Bull jumped out and said that the acquisition posed a threat to their national security, and forced Nexperia to sell NWF’s equity. The buyer is John Bull's domestic business.

Although this kind of thing is very common in the third brother who doesn't pay for shopping, when John Bull starts to be shameless, it can only be said that Daiying is orthodox in Ah San.

When such incidents of forced buying and selling are frequent, Ethan is also very vigilant against the overt robbery of capitalism. thigh.No way, even in the business field, most of the time, you can only sit down and talk if you have a good background. When others can knock you down with a punch, do you still want to protect your own interests?

Do not make jokes.

David Geffen was beaten to tears by Steve Ross already!

Bought all the copyrights of those well-known singers for $500 million?

Wow--

This is really the generosity of capitalists!

Thinking of this, Ethan rolled his eyes.

Instead of pacing, he threw himself on the sofa forcefully, sulking.

The puffy look made Evelyn turn sideways and recline on the soft sofa.

With his elbow on the armrest, his fist pressed against his cheek, he said with a smile, "Oh, oh, Ethan, why do I feel that you are discouraged this time? Before, no matter what happened, such as Mi Luohua's lawsuit, Atari's new machine, Nintendo's betrayal, you will want to fight back when you are angry, but now... why do I feel that you are just complaining? Huh?"

"WTF?"

The inquiry ignited the powder keg.

Ethan, who was nestled on the sofa, almost jumped up!
"Oh Evelyn - what pig talk are you talking about?" he startled.

"Hit back? Whoa, whoa, is the situation the same as before? The one who is eyeing Apple is Rockefeller! Rockefeller! Rockefeller! Fight against this guy? I, Ethan, am confident, but not arrogant, let alone brains It’s flooded! That’s Rockefeller! The Rockefeller who dared to kill in public! Attica, Attica, do you remember? That’s what you told me when we watched "Afternoon of Dog Days" before, Rockefeller wanted to protect The stability of New York State directly mobilized members of the National Guard to suppress Attica, regardless of the camp! Shoot and kill! No one left!"

When Ethan took the business card from Wenlock's people and found that their boss turned out to be from the Rockefeller family, the idea of ​​"Hot Day" starring Al Pacino that he and Evelyn had watched suddenly appeared in his mind. In the scene in "Afternoon", Evelyn despised him because he didn't know about the Rockefeller crackdown that happened in [-].

In order to maintain his rule, Nelson of the Rockefeller family killed all the rebels, even if the hostages of the Federation stood in his way, he would still kill them.

Confront this kind of family that kills people openly and aboveboard and doesn't care about federal laws at all?

Wow, maybe these guys will show him what a real old-school capitalist is!
"So—are you scared?" Ethan's roar almost made Evelyn laugh out loud.

"Then why not?" After being interrupted by her, Ethan's voice gradually stabilized, "You can't ask me to slap that Lawrence guy, can you?"

"Don't say it's me, even the principal wouldn't dare to do that!"

Ethan shrugged, he thought his sister was talking nonsense.

At the same time, he was also very annoyed, "No, why don't you comfort me! Oh Evelyn! I'm going to be robbed! Can't you follow me and scold Rockefeller?"

Ethan felt wronged.

It's only been three years since he came to this world, and it's only been two and a half years since he started a serious business. And in such a short period of time, he was targeted by a behemoth like Rockefeller?

Isn't this too special hell difficulty?

Although during the two and a half years of his entrepreneurial time, he also beat Philips, beat Warner, and kicked Nintendo, uh... But that doesn't mean he can wrestle with Rockefeller, right?

Now he only feels that he has just made a small achievement in the Novice Village, and then the patriarch of the soul clan, Hun Tiandi, came here?director!This script is obviously wrong, wow!

"Oh, Ethan—am I trying to comfort you?" Evelyn changed her posture, hugged her legs, and said with a smile, "Since the gap between us and Rockefeller is so huge, it's so huge that we can't use relationships and Time to make up, so why do you need to be angry?"

"If opponents of the same level attack each other, and someone uses some obscene tricks, then it's normal for you to be angry or revenge, right?"

"But now, when 90.00% of the people in Amerika, or in the whole world, will be suppressed by Rockefeller when they see them... why are you angry?"

"If I remember correctly, Nelson scolded Richard before?"

"When the leaders of our country can't hold up their heads in front of the Rockefeller name, they want to invest in your company? Isn't that a good thing?"

"He is willing to be your company's umbrella, so you still want to scold him?"

"Of course, their tone may be a little unreasonable, but how many high-ranking kings can really be sympathetic to the people? It is normal to have a bad tone, and a good tone..."

"Instead, it may be false."

"Right?"

The girl winked playfully at Ethan.

Her rhetorical question stopped Ethan.

'yes!Since the vast majority of people in this world are unable to confront Rockefeller head-on, why should I panic?Since the vast majority of people in this world will be crushed by the surname Rockefeller, then if everyone loses face, it means that everyone is not ashamed, right? '

'Eh--'

'Thinking about it this way, their investment seems to be okay? '

'Rockefeller's sign itself is worth a thousand dollars! '

Ethan, who was possessed by Ah Q, felt that there was nothing wrong with what his sister said.

But just when he was about to nod his head in agreement, he felt something was wrong.

"Evelyn—"

"Ok?"

"If I remember correctly, the principal told us before that someone wanted to invest in our game company, and wanted to promote our game company to the public market. At that time, you were very angry, right?"

"Yeah, what's the matter?"

"What's the matter?" Ethan was confused by Evelyn, "You were angry when faced with this kind of forced buying and selling, and today you made me think a little bit?"

"Yeah." Evelyn nodded and said with a smile, "Because I didn't invest in Apple—it wasn't that my money was robbed, so of course I can persuade you to be generous—that's no problem, right? ?”

'...'

'Grass! '

Ethan was even angrier!
Double standard woman!
He jumped off the sofa and walked out.

"Why are you going?" Evelyn was a little confused.

"I'll go back to my side!" Ethan shouted loudly.

"Why?" Evelyn blinked her eyes.

Looking at Ethan's back, he said, "You don't seem to have finished the matter, do you? You just said that Wenlock under Rockefeller's name wants to invest in Apple, and they are also one of the group of people who wanted to invest in the game of destiny before." Member, you didn’t say anything else, hey!”

"Stop it!" Ethan replied unhappily.

"Huh?" A question mark appeared on Evelyn's forehead.

"Since you don't understand me, I'll go back and get angry alone!"

"Boom!" Ethan slammed the door shut.

'...' That loud movement stunned the girl on the sofa for a second.

"Hahahaha——" She burst into laughter the next second.

What Evelyn said is actually okay. When the gap between the two sides is too great, any anger is actually unnecessary.Because no matter how angry the person concerned is and how much he racks his brains, the gap created during reincarnation cannot be made up in a short period of time.

If not...

There is no such thing as 'some people are born in Rome' in this world.

But even if Ethan understood this truth, he was still a little angry.

Because Wenlock's price is too dishonest!
And they threatened to invest in others!
The point is that they see people with their nostrils!

"Extraordinary! I really want to take two green onions and poke it in!"

"Let you pretend!"

Ethan, who was at home, was indignant.

At this moment, the lock sounded.

With a creak, Evelyn, who seemed to have taken a shower and changed clothes, got in.

When she saw Ethan's legs crossed, resting on the table, arms crossed, and leaning against the chair, the corner of her mouth curled up in that big guy's way, "Are you still angry?" she asked.

"Tch——" Ethan gave her a blank look, and didn't bother to pay attention to her.

"Okay, I admit, I used the wrong way to comfort you... Okay?" The girl raised her hands in a gesture of surrender.

The insincere words made Ethan turn his head away.

This action made Evelyn frowned slightly, and she sat down on the sofa across the table, "Okay, then can you tell me, what would you do if the investor was not Rockefeller?"

"What do you mean?" Ethan didn't understand.

"It's simple."

Evelyn said: "I see your performance, it doesn't look like you can't accept investors to enter the market, right?"

"Yes—" Ethan admitted very bachelorly.

Speaking of this, he immediately got excited.

Sitting upright, he said loudly: "Before I contacted Wenlock, I was already convinced by those two Steves. I talked with sincerity, but they were not sincere!"

"Oh, that's what I asked." Evelyn smiled and replied, "What if the investor is not Rockefeller? What would you do? Because I feel that what you want is actually control of the company, right?"

'...' Ethan was silent.

Because Evelyn was on point.

What made him really angry was not that Rockefeller was arrogant, nor that Rockefeller was harsh on conditions. He knew that the reason why Wenlock's people reported themselves was probably because that guy called Lawrence Rockefeller felt that he was left behind. save face.

I want to invest in your game company, but you say you don't want money?

And it was Fred Terman who refused to show face?

I can give you face, but the second time I found a good company...

If I don't invest yet, where will my face go?

Shameless me, Rockefeller?
Ethan felt that it might be for this reason that they deliberately brought up the previous incident, and since he could understand it, he would not be afraid. What really worried him was the issue of Apple's control after Rockefeller entered the arena. Dafo asked for 20.00% of the shares, one-third of the board seats, and the appointment of the CEO and CFO...

What do they want in the future?

Ethan really didn't dare to think about it.

Give up to Rockefeller when he already sees Apple as a platform to touch the computer industry?
That was really a little reconciled.

As for what my sister asked, how to control the entire company when the investor is not Rockefeller?
This is very simple, right?
Not to mention those coquettish operations of secretly holding shares, there are those who are aboveboard——

"The simplest thing is different rights for the same share." Ethan said.

"What do you mean?" Evelyn asked curiously, "You know, I don't study finance."

"Literally."

Ethan shrugged and said, "The easiest way is to issue A and B stocks with different face values."

Things like A and B shares are too simple for Ethan. There are too many cases in his previous life, such as Berkshire Hathaway, Warren Buffett and his good brother Charlie. Munger and many other big investors own A-shares, and all the shares in the market are B-shares. The face value of A-shares is 30 times that of B-shares, and the voting rights are 200 times that of B-shares. At the same time, B-shares will always be It cannot be converted into A shares, but A shares can be converted into B shares at any time.This approach can ensure that Warren Buffett and Charlie Munger have absolute control over their companies.

Google did the same thing. The stocks issued before 02 were all B shares, and each share had 10 voting rights. All the shares issued after 02 were A shares, and each share had one voting right.At the same time, it is also agreed that B shares cannot be circulated, and if they want to sell them, they can only be split into A shares, and A shares can never be converted into B shares. As long as the number of B shares owned by the founders is [-]%, they can obtain an absolute majority of voting rights in the company.

Therefore, if you want to control Apple, you can directly raise external funds in the form of A and B shares, but this kind of thing is okay for ordinary investors, because they have money and want to enter the market, Ethan is confident That's enough, but for Rockefeller... How many people in the world dare to say that Rockefeller was made of mud?

Don't give them the right to vote?
Then Ethan just waited for six shots in the back, autopsyed himself and died!

The faces of old-school capitalists will be smashed by him!

The plan Ethan gave made Evelyn narrow her eyes.The girl continued to smile at Ethan, and asked, "According to your psychological expectations, how should this financing be done?"

"How to do it?"

Speaking of this, Ethan became even more excited, because this is also his major.

"I personally think that Apple is currently in the growth stage. If it wants to raise money, it must be raised according to the standards of this stage."

"Oh, you don't know what the development stage is, do you? Let me tell you this. Companies that can invest are generally in three stages, or the seed stage (Seed Stage). Companies at this stage have only one concept. For any product, you invest money because you think their inspiration is good. The second stage is the early stage (Early Stage). In this stage, companies generally have products, but they have not yet achieved commercial success. At this time, the investment is completely I just think they can make a profit. The third stage is the development stage. There is already a turnover and even a profit, but for development, more funds are needed.”

"Now Apple's annual revenue has exceeded [-] million, and even the profits are quite a lot. They need to invest now because they want to grow bigger. Those profits alone are not enough to burn."

"In my opinion, according to Pre-Money (valuation before financing), the transaction value of this company is at least ten times or even twenty times the net profit, so the valuation of [-] million given by Wenlock..."

"rare."

Ethan looked at his sister seriously.

When valuing a company, if the company generates profits, the common practice is to use the price-earnings ratio. For example, the company’s annual net profit is 100 million, and the price-earnings ratio of a technology company is guaranteed to be ten times. The market value is generally 1000 million.In other words, after someone buys this company, it will take ten years to earn back the capital.

Although this method is very inaccurate, because there is no standard for investment, what we pay attention to is actually emotional love and my willingness. When it comes to the negotiation table, the Eight Immortals will show their talents. Investors will find ways to lower the price, while the enterprise side will He will continue to tell stories, but these are not important now. Ethan mainly wants to tell his sister that the apples are already very valuable now.

And as she told, surprise flashed in the eyes of Evelyn who was leaning on the sofa.

The girl stared at Ethan for a while, and then smiled: "Okay, Okay, I think I understand what you mean, I think you can use this to talk about it."

"What do you mean?" Did Ethan understand Evelyn's words.

Evelyn said: "It's very simple. Didn't you say that you can accept external investors, but you just think that the price offered by Rockefeller is very low? Then you use professional knowledge to talk to them."

"You explain to them how valuable apples are."

"You conveyed to them the inaccuracy of the valuation."

"You beat them on their strengths."

"You think Rockefeller wanted to rob?"

"Then you have to let the world know that they are robbing!"

"For someone else it might be the death throes, but not for us."

"The principal can't protect us forever."

"But as long as he is still there, it is impossible for people to take our things unscrupulously!"

"He may not be able to prevent Rockefeller from investing in Apple, but he will definitely create a fair negotiation environment for us, allowing us to get the money and resources corresponding to the 20.00% stake!"

"And this process..."

"You need to fight for it yourself!"

Evelyn put away the smile on her face and looked at Ethan seriously.

And under her gaze...

Ethan was stunned for two seconds, then jumped up and picked up the phone on the table.

"Hello, Steve? Send me Apple's financial statements for this year."

"What? This year's annual report won't come out before the Chinese New Year?"

"If you can't get out of special code, give it to me!"

"You're working overtime! It's not a holiday! You have to bring me the financial report!"

"This is the only way to protect our interests, you are so special, don't try to be lazy for me!"

 Note: ① Regarding the valuation of Apple, the sales volume of APPLE 2 was raised by me. In reality, it did not sell as much as I wrote in 1977.In reality it really took off with the advent of the spreadsheet VisiCalc.However, the upward revision in the book refers to the reality of Atari’s home consoles, and the market for Mirohua’s home consoles is blank. Apple 2 was only sold with the blessing of the game.As for whether this amount is exaggerated or not - I can only say that in reality, APPLE 2 had already earned 1979 million for Apple in mid-1978. ②Regarding Wenlock’s investment in Apple, I picked up their official website information, which says that the official investment was in 1977, so I don’t know how it came about in [-].Their URL is venrock plus com.

  
 
(End of this chapter)

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