I have a thousand suites in Shenzhen
Chapter 170 Acquisition of Yahoo
Chapter 170 Acquisition of Yahoo (please vote for me)
Yi Anguo told a lot of interesting stories about his childhood, as well as the mountains and rivers of his hometown, which Zhou Mengdie had never experienced before. Zhou Mengdie liked to listen to it and was very envious in his heart. He felt that this kind of childhood was the most interesting.
Unlike her childhood life, she was either studying this or that, either at home or at school. Even during the winter and summer vacations, she was in various interest classes and cram schools. There were no interesting stories worth recalling.
It would be nice if one is willing to talk and the other is willing to listen.
Next, the two went to Qiandao Lake, Wuzhen and other well-known nearby attractions. They were not affected at all by Jack Ma's refusal to invest.
The two of them traveled around and returned to the West Lake in Hangzhou. Yi Anguo was still on the West Lake and bought a large villa. He planned to come to the West Lake for a vacation and relax when he had nothing to do.
After that, Yi Anguo finally started to get down to business with Zhou Mengdie.
Originally, Jack Ma was quite concerned about the whereabouts of Fao Anguo and Zhou Mengdie. He always felt that they came to Hangzhou to do something.
But later I learned that the two of them traveled all day long and finally left Hangzhou and went to Jiangdong Province, so I stopped paying attention. Then they went to the United States to find the major shareholder, the newly appointed CEO of Yahoo USA, to discuss repurchasing the company's shares. things.
Now is the best time to repurchase the company's shares. Because the stock price has plummeted, the company's market value has been severely reduced and its value has been seriously underestimated. Therefore, repurchasing the company's shares at this time can be done at the minimum cost.
But the new Yahoo CEO Bartz is not a fool. In addition, he has no good impression of Jack Ma. He believes that Jack Ma has been taking advantage of Yahoo without taking into account Yahoo's interests, so he directly rejected Jack Ma's request to buy back shares. .
He even slapped the table and scolded Jack Ma for being an insidious and cunning villain, a worm in Yahoo, who played tricks on Yahoo and the company's former CEO Jerry Yang.
As soon as Jack Ma's temper got angry, Ma immediately retorted: "You don't have the ability to run Yahoo well, and you still rely on me to run Yahoo well."
"You don't agree with me repurchasing Taobao's shares. When I am strong enough, I will directly acquire your Yahoo company to see how awesome you are."
This time the two of them were completely at loggerheads, and no one was convinced by the other.
"Just wait, wait until Yahoo obtains 40.00% of the voting rights, and then I will settle the matter with you." Bartz was also so angry that he directly threatened.
Jack Ma also regretted it afterwards. He regretted that he was too impulsive and spoke a little too carelessly.
A skinny camel is bigger than a horse. At this time, if he wants to acquire Yahoo!, he is overestimating his capabilities.
Yi Anguo and Zhou Mengdie took advantage of Jack Ma's absence in Hangzhou to find some Taobao Company executives and small shareholders, and purchased their Taobao Company shares at a high price.
Although it's not much, in total, it also acquired 5.00% of the shares, costing US$[-] million, which is fully double the current market value.
However, Yi Anguo thinks it is still worth it, and he has made a lot of money.
The two parties agreed not to announce the fact that the shares have been transferred for the time being. Such a request is also in the interests of both parties.
Just when Jack Ma returned to Hangzhou from the United States, Yi Anguo and his assistant Zhou Mengdie were on a plane flying to the United States, sitting in the first class cabin on the plane and flying to California, USA.
Silicon Valley is in California, Yahoo's headquarters is also in California, Tesla is also in Silicon Valley, California, and the U.S. branch of Hualong Investment Company is also in Silicon Valley, California.
Chen Xuejiao personally drove to the airport to meet her boss, went to the company together, and reported to him about the work carried out in the United States.
Although I have previously reported on the progress of the work through phone calls and emails, which companies have been newly invested in, how much money has been invested, and what percentage of the shares are held.
But the face-to-face report is still different. Many of the details are contained in phone calls and emails, so it is inconvenient to go into details.
"In addition, we have also contacted Facebook. This company is growing very fast in the United States and is expected to surpass Yahoo and Microsoft. Its valuation at the end of last year was US$150 billion, but now the market value of all Internet companies , have dropped significantly, and Facebook is no exception. They currently also have financial needs to speed up development, strengthen the influence of social software, and occupy more market share." Chen Xuejiaohui reported. "The Facebook company you are talking about is Facebook founded by Zuckerberg! What is its current valuation? If we invest, how much can we invest and how much share can we hold?" Yi Anguo asked.
"So the boss also knows about Zuckerberg, Facebook? I saw that this company's name was not in your investment list. I thought you didn't know!" Chen Xuejiao said with a smile.
"If it's not marked, it doesn't mean I don't know! For example, Microsoft, Yahoo, Google, Amazon, etc., but I think the market value of these companies is already very high now, and they have missed the best investment period." Yi Anguo explained .
"Although these companies still have a lot of room for growth, even if you invest now, it's not too late. You can still get very generous returns in the future."
"But we seem to have a lot of funds. If we choose to invest in such a large company, how many companies can we invest in?"
“Our purpose is to invest in startups with the greatest development potential at the lowest cost. Such investment is the most valuable, and future profits and returns will be the highest.”
"The current valuation of Facebook has dropped to US$80 billion. The other party hopes to obtain an investment of US$12.00 billion and sell [-]% of the shares. Boss, do you think we still want to invest?"
"One billion US dollars, 12.00% of the shares, it is certainly worth investing." Yi Anguo nodded with certainty.
"I came to the United States this time mainly because I want to meet Mr. Bartz, the new CEO of Yahoo. Is there any way you can contact him and ask him to meet and chat?"
"Yahoo's new CEO, does the boss want to acquire Yahoo? If he wants to acquire Yahoo, the price will not be cheap. Last year, Microsoft proposed to acquire Yahoo, offering $448 billion, but Yahoo rejected it."
"Although it may not be necessary to spend so much money for acquisitions now, it is definitely not too low. At least US$300 billion is needed."
"What are you thinking? I don't want to acquire a broken company like Yahoo! Who wants to acquire it?" Yi Anguo said angrily.
Let yourself spend tens of billions of dollars to acquire Yahoo! Unless you are sick and your head is caught in the door, you will take advantage of it.
"Then since we don't want to acquire Yahoo, why should we go meet the new CEO of Yahoo?" Chen Xuejiao asked curiously.
"Although I am not interested in Yahoo, I am interested in the 40.00% Taobao shares held by Yahoo!" Yi Anguo said with a smile.
"Ah! So that's it! But will Yahoo be willing to sell Taobao's shares to us? If we really want to sell it, the price will definitely not be too low!" Chen Xuejiao said helplessly.
"Besides, in the investment agreement signed between Yahoo and Taobao, does Yahoo have the right to freely sell Taobao to a third party? This is also an issue we have to consider!"
"Unless we actually acquire the entire Yahoo company, then this problem doesn't exist."
"Conversely, if Yahoo had signed an agreement with Taobao, Yahoo would not have been allowed to transfer Taobao's shares to a third party without the consent of Taobao's founder team."
"And the possibility of signing such an agreement is very high. Jack Ma of Taobao Company is such a shrewd person. He couldn't have thought of this."
When Yi Anguo thought about it, it was indeed possible. In this case, it would really be a headache.
"No matter what, we need to meet and chat with Yahoo's new CEO so that we can know the specific situation." Yi Anguo said helplessly.
"It is a bit unrealistic to acquire the entire Yahoo Group. Even if Yahoo is willing, the United States may interfere!"
Chen Xuejiao couldn't help but nodded and said: "This is also a situation we have to consider, so we want to acquire the shares of Taobao Company directly from Yahoo! We probably need Taobao Company's consent to do so."
PS: Yesterday I duplicated one, and it has now been deleted. If you have duplicate subscriptions, you can now apply for a refund from the Qidian official. The reason is that you accidentally subscribed to duplicate chapters.
(End of this chapter)
Yi Anguo told a lot of interesting stories about his childhood, as well as the mountains and rivers of his hometown, which Zhou Mengdie had never experienced before. Zhou Mengdie liked to listen to it and was very envious in his heart. He felt that this kind of childhood was the most interesting.
Unlike her childhood life, she was either studying this or that, either at home or at school. Even during the winter and summer vacations, she was in various interest classes and cram schools. There were no interesting stories worth recalling.
It would be nice if one is willing to talk and the other is willing to listen.
Next, the two went to Qiandao Lake, Wuzhen and other well-known nearby attractions. They were not affected at all by Jack Ma's refusal to invest.
The two of them traveled around and returned to the West Lake in Hangzhou. Yi Anguo was still on the West Lake and bought a large villa. He planned to come to the West Lake for a vacation and relax when he had nothing to do.
After that, Yi Anguo finally started to get down to business with Zhou Mengdie.
Originally, Jack Ma was quite concerned about the whereabouts of Fao Anguo and Zhou Mengdie. He always felt that they came to Hangzhou to do something.
But later I learned that the two of them traveled all day long and finally left Hangzhou and went to Jiangdong Province, so I stopped paying attention. Then they went to the United States to find the major shareholder, the newly appointed CEO of Yahoo USA, to discuss repurchasing the company's shares. things.
Now is the best time to repurchase the company's shares. Because the stock price has plummeted, the company's market value has been severely reduced and its value has been seriously underestimated. Therefore, repurchasing the company's shares at this time can be done at the minimum cost.
But the new Yahoo CEO Bartz is not a fool. In addition, he has no good impression of Jack Ma. He believes that Jack Ma has been taking advantage of Yahoo without taking into account Yahoo's interests, so he directly rejected Jack Ma's request to buy back shares. .
He even slapped the table and scolded Jack Ma for being an insidious and cunning villain, a worm in Yahoo, who played tricks on Yahoo and the company's former CEO Jerry Yang.
As soon as Jack Ma's temper got angry, Ma immediately retorted: "You don't have the ability to run Yahoo well, and you still rely on me to run Yahoo well."
"You don't agree with me repurchasing Taobao's shares. When I am strong enough, I will directly acquire your Yahoo company to see how awesome you are."
This time the two of them were completely at loggerheads, and no one was convinced by the other.
"Just wait, wait until Yahoo obtains 40.00% of the voting rights, and then I will settle the matter with you." Bartz was also so angry that he directly threatened.
Jack Ma also regretted it afterwards. He regretted that he was too impulsive and spoke a little too carelessly.
A skinny camel is bigger than a horse. At this time, if he wants to acquire Yahoo!, he is overestimating his capabilities.
Yi Anguo and Zhou Mengdie took advantage of Jack Ma's absence in Hangzhou to find some Taobao Company executives and small shareholders, and purchased their Taobao Company shares at a high price.
Although it's not much, in total, it also acquired 5.00% of the shares, costing US$[-] million, which is fully double the current market value.
However, Yi Anguo thinks it is still worth it, and he has made a lot of money.
The two parties agreed not to announce the fact that the shares have been transferred for the time being. Such a request is also in the interests of both parties.
Just when Jack Ma returned to Hangzhou from the United States, Yi Anguo and his assistant Zhou Mengdie were on a plane flying to the United States, sitting in the first class cabin on the plane and flying to California, USA.
Silicon Valley is in California, Yahoo's headquarters is also in California, Tesla is also in Silicon Valley, California, and the U.S. branch of Hualong Investment Company is also in Silicon Valley, California.
Chen Xuejiao personally drove to the airport to meet her boss, went to the company together, and reported to him about the work carried out in the United States.
Although I have previously reported on the progress of the work through phone calls and emails, which companies have been newly invested in, how much money has been invested, and what percentage of the shares are held.
But the face-to-face report is still different. Many of the details are contained in phone calls and emails, so it is inconvenient to go into details.
"In addition, we have also contacted Facebook. This company is growing very fast in the United States and is expected to surpass Yahoo and Microsoft. Its valuation at the end of last year was US$150 billion, but now the market value of all Internet companies , have dropped significantly, and Facebook is no exception. They currently also have financial needs to speed up development, strengthen the influence of social software, and occupy more market share." Chen Xuejiaohui reported. "The Facebook company you are talking about is Facebook founded by Zuckerberg! What is its current valuation? If we invest, how much can we invest and how much share can we hold?" Yi Anguo asked.
"So the boss also knows about Zuckerberg, Facebook? I saw that this company's name was not in your investment list. I thought you didn't know!" Chen Xuejiao said with a smile.
"If it's not marked, it doesn't mean I don't know! For example, Microsoft, Yahoo, Google, Amazon, etc., but I think the market value of these companies is already very high now, and they have missed the best investment period." Yi Anguo explained .
"Although these companies still have a lot of room for growth, even if you invest now, it's not too late. You can still get very generous returns in the future."
"But we seem to have a lot of funds. If we choose to invest in such a large company, how many companies can we invest in?"
“Our purpose is to invest in startups with the greatest development potential at the lowest cost. Such investment is the most valuable, and future profits and returns will be the highest.”
"The current valuation of Facebook has dropped to US$80 billion. The other party hopes to obtain an investment of US$12.00 billion and sell [-]% of the shares. Boss, do you think we still want to invest?"
"One billion US dollars, 12.00% of the shares, it is certainly worth investing." Yi Anguo nodded with certainty.
"I came to the United States this time mainly because I want to meet Mr. Bartz, the new CEO of Yahoo. Is there any way you can contact him and ask him to meet and chat?"
"Yahoo's new CEO, does the boss want to acquire Yahoo? If he wants to acquire Yahoo, the price will not be cheap. Last year, Microsoft proposed to acquire Yahoo, offering $448 billion, but Yahoo rejected it."
"Although it may not be necessary to spend so much money for acquisitions now, it is definitely not too low. At least US$300 billion is needed."
"What are you thinking? I don't want to acquire a broken company like Yahoo! Who wants to acquire it?" Yi Anguo said angrily.
Let yourself spend tens of billions of dollars to acquire Yahoo! Unless you are sick and your head is caught in the door, you will take advantage of it.
"Then since we don't want to acquire Yahoo, why should we go meet the new CEO of Yahoo?" Chen Xuejiao asked curiously.
"Although I am not interested in Yahoo, I am interested in the 40.00% Taobao shares held by Yahoo!" Yi Anguo said with a smile.
"Ah! So that's it! But will Yahoo be willing to sell Taobao's shares to us? If we really want to sell it, the price will definitely not be too low!" Chen Xuejiao said helplessly.
"Besides, in the investment agreement signed between Yahoo and Taobao, does Yahoo have the right to freely sell Taobao to a third party? This is also an issue we have to consider!"
"Unless we actually acquire the entire Yahoo company, then this problem doesn't exist."
"Conversely, if Yahoo had signed an agreement with Taobao, Yahoo would not have been allowed to transfer Taobao's shares to a third party without the consent of Taobao's founder team."
"And the possibility of signing such an agreement is very high. Jack Ma of Taobao Company is such a shrewd person. He couldn't have thought of this."
When Yi Anguo thought about it, it was indeed possible. In this case, it would really be a headache.
"No matter what, we need to meet and chat with Yahoo's new CEO so that we can know the specific situation." Yi Anguo said helplessly.
"It is a bit unrealistic to acquire the entire Yahoo Group. Even if Yahoo is willing, the United States may interfere!"
Chen Xuejiao couldn't help but nodded and said: "This is also a situation we have to consider, so we want to acquire the shares of Taobao Company directly from Yahoo! We probably need Taobao Company's consent to do so."
PS: Yesterday I duplicated one, and it has now been deleted. If you have duplicate subscriptions, you can now apply for a refund from the Qidian official. The reason is that you accidentally subscribed to duplicate chapters.
(End of this chapter)
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