Collection of Gods

Chapter 152 Is this person sick?

When Tang Yuan got out of the car just now, he was still a little confused as to why there were so many people gathering outside Siji Minfu. It wasn't until he walked into Siji Minfu and looked at the empty environment inside that he finally realized. Cao Weiguo booked the entire Four Seasons Minfu venue.

Under the warm welcome of Guo Wei, Cao Weiguo's secretary, Tang Yuan and Xiao Yayue quickly arrived at the best viewing spot at the Siji Minfu Forbidden City Store. It was only a few hundred meters away from the Forbidden City, so you could see it just by looking up. Distance to the Forbidden City.

Soon, Tang Yuan met the Chinese Internet legend Cao Weiguo.

The other party was wearing a black business suit and a gray tie today. He looked a bit strong, his appearance was ordinary, and he was a bit dark. If Tang Yuan hadn't known that he was the chairman of Sina Weibo, he would have been walking outside. When they met, Tang Yuan would probably think that the other party would be a coal boss, because the other party's appearance and condition looked too simple.

However, it is impossible for Tang Yuan to make the low-end mistake of judging a book by its cover. In the past four days, apart from tasting Yanjing delicacies and busy signing equity transfer documents, Tang Yuan spent all his time on Sina Weibo and Cao Weiguo is above the two.

Cao Weiguo is a CFO. Before joining Sina, he served as a senior manager at PricewaterhouseCoopers, one of the world's top five accounting firms. During his tenure, he participated in the listing projects of many high-tech companies on Nasdaq. Has extremely rich capital operation experience.

After returning to China, he joined Sina in 1999. In 2000, he led Sina's listing on Nasdaq. In 2006, he served as president of Sina. In 2012, he became chairman of Sina. In 2014, he became chairman of Sina Weibo. In the same year, he led Sina Weibo's listing in Nasdaq again. Starkey goes public.

Even today, the form of listing domestic companies through offshore companies controlled by Cao Weiguo, pioneered by Cao Weiguo in 2000, is still used by many domestic Internet companies, which shows his wisdom.

There is such a sentence that is quite pertinent in the evaluation of Cao Weiguo, that is: he builds his people by the system and his words by the market, he is passionate yet calm, meticulous yet perseverant, good at strategy and good at tactics.

For such a person who can be called a pioneer of China's Internet, Tang Yuan is quite respectful and curious in his heart, and when Tang Yuan was sizing up Cao Weiguo, Cao Weiguo was also sizing up Tang Yuan.

young!

too young!

It is hard for Cao Weiguo to imagine that such a young man, who is about the same age as his son, has raised his cards on the Nasdaq stock exchange in the United States in the past four days and madly acquired a full 25% of the shares of their company. .

In fact, as early as the first day, when Tang Yuan raised his placard on the Nasdaq stock exchange for the first time, Cao Weiguo received the news, and he responded immediately. However, the other party's speed was really It was so fast that even if he knew that someone was frantically acquiring the equity of their company, he could only watch helplessly and it would be difficult to take any strong countermeasures.

This is the second acquisition challenge that Cao Weiguo has faced since Shanda forcibly acquired Sina in 2005, and this time the acquirer is more aggressive and unstoppable than the first time.

According to Cao Weiguo's investigation for many days, the method used by the other party to acquire Sina Weibo was not complicated. It could even be said to be simple and crude. It felt like one of the urban stallion novels.

To put it simply, it's just throwing money at it.

In the current market, Sina Weibo's stock worth 80 US dollars per share is directly acquired by the other party at a premium of 50%. Under this situation, if Sina Weibo's equity appreciation potential is large, many small shareholders of Sina Weibo may still insist on it. However, since the beginning of this year, the market value of Sina Weibo has plummeted. In just one year, the market value has been cut in half, which has made many small shareholders panic.Now that a person like this suddenly appears who is willing to take over the deal at a high price, naturally one of them chooses to cash out and leave the market, and is not willing to stick with Sina Weibo any longer.

Alibaba Group has strong financial resources. They invest in Sina Weibo for strategic goals. Even if they lose tens of billions, they will not blink an eyebrow. However, Sina Corporation, the largest shareholder of Sina Weibo, wants to maintain its control over Sina Weibo. , even if you lose all your pants, you have to bite the bullet and continue to persevere.

This is not the case for these small shareholders. Their purpose of investing in Sina Weibo is very pure, just to make money, so now that someone is willing to take over the deal at a high price to make up for their losses this year, they are naturally very happy.

Under this situation, Cao Weiguo really had no way to stop Tang Yuan's acquisition except to watch, unless he could also offer a price of US$120 per share, thereby using the chairman's rights to give priority to recovering the shares from small shareholders. stock.

But the problem is that neither he nor Sina can afford so much money.

At the same time, Cao Guowei has been thinking about Sister Qi these days and can't understand why Tang Yuan did this. Isn't this a clear loss-making business?

Unless Tang Yuan can acquire all the shares of Alibaba Group at once, even if Tang Yuan acquires all the shares on the market, he will still be unable to shake Cao Weiguo's control of Sina Weibo.

Cao Weiguo has had so many troubles and doubts that he hasn't slept well these days. He often starts suddenly in the middle of the night and curses: Is this person sick?What is he planning on?
This situation lasted until yesterday, until Cao Weiguo discovered that Tang Yuan had stopped the acquisition after acquiring 25% of Sina Weibo's equity. He finally breathed a sigh of relief. However, when he belatedly discovered that Tang Yuan's holdings After the equity and the equity held by Alibaba Group were added together, it reached exactly 51% of the relative control rights stipulated by law. His blood pressure was high.

on purpose!
It must have been intentional!

Although Cao Weiguo holds more than 70% of the voting rights of Sina Weibo, even if the other party holds more than 51% of the shares, he can still maintain a large advantage and voice, but the premise is that you have to see who the other party is.

Who is the other party?

That's the Alibaba Group, which occupies half of China's Internet. It has always been a mastermind that eats people without spitting out their bones. In the past, the two were in harmony, because the gap between them was too large. Now if Tang Tang, who controls 25% of Sina Weibo's shares, If you defect to the other side's camp, the other side will have quite a lot of room for maneuver.

Just as Tang Yuan originally guessed, Cao Weiguo also didn't think that if Alibaba Group had the opportunity to take over Sina Weibo, the other party would be merciful, so he chose to let Sina Weibo go.

After realizing this situation, Cao Weiguo naturally did not dare to take it lightly. Today he quickly asked his secretary to call Secretary Tang Yuan, hoping to make an appointment with Tang Yuan.

There is only one purpose for meeting Tang Yuan today...

That is, no matter what the reason is for Tang Yuan to acquire so much equity in Sina Weibo, he must win Tang Yuan to his side, and at least he cannot let Tang Yuan defect to the Alibaba Group.

(End of this chapter)