Becoming the richest man starts with making complaints
Chapter 93 Boss Zhen’s Ru0026D Encourage
Putting aside the problems of Tongcao Technology itself, the idea of buying a shell is a good one.
So Cao Shen also wanted to hear more about Boss Xiao’s views, so he asked:
"Boss Xiao, do you have a ready-made shell?"
As a financial tycoon, Xiao Gang has a ready-made shell on hand to engage in capital operations, which is a necessary means.
"Cao Shen, the market value of TT Technology is about to fall below the book cash. I think it is a good shell." Xiao Gang said in a pleasant tone.
TT Technology, a shell?
This is a reverse acquisition of TT Technology, and revenge in this way...
Seems okay?
The reason why Cao Shen did not consider this issue before was that the acquisition of TT Technology was not necessary.
Secondly, TT Technology is a competitor of Youxin. If Cao Shen goes to talk to Zhang Da, it is very likely that the other party will ask for a high price to disgust him.
Moreover, various negotiation processes are very troublesome, and Cao Shen is a person who is afraid of trouble.
And if you buy stocks in the market, so many buying orders will drive up the price, which Cao Shen feels is not worthwhile.
Moreover, the publicly issued shares of TT Technology only account for 25% of the total issuance. Even if Cao Shen collects all the shares on the market, he will not meet the 30% minimum invitation line.
Hearing that Cao Shen didn't reply immediately, Xiao Gang thought for a while and realized that he was negligent. Cao Shen should be unfamiliar with the various operations of buying shells. So he explained:
“I currently hold 17% of TT Technology stocks, HDC holds 23%, and MDT holds 20%.
I have talked with HDC and MDT, and they are willing to sell their shares at a valuation of US$6 billion.
In other words, you only need $2.58 billion to get 43% of the shares.
Together with what I have in my hand, I have absolute control over TT Technology.
The entire TT Technology team owns 32% of the shares, and Zhang Da personally owns 17%.
As for whether you want this part of the stock, you can talk to the team. Except for Zhang Da personally, I think the remaining 15% is still easy to acquire.
6 billion US dollars, I think it is a very cost-effective price.
Although the market is currently not optimistic about TT Technology, there is one factor that is due to market sentiment.
From a fundamental perspective, TT Technology's current value is undervalued.
It still has a large number of users on the PC side.
Moreover, in the field of PC games, they are also one of the top players in China and have accumulated many high-quality game IPs.
Even if mobile instant messaging cannot compete with Youxin in the future, there will still be opportunities for PC games and game derivatives, as well as audio and video applications with this user base.
If you want to buy a shell, I can lend it to you without interest.
However, this is a careful decision that you should consider based on the development of your business. I just think the deal is good right now. "
"Thank you, Boss Xiao. I'll think about it and give you an answer in the next two days." Cao Shen said.
"Don't be so anxious, I can still keep the stock price of TT Technology under control, you should think carefully.
Xiao Gang smiled heartily, and his tone was very calm throughout the phone call.
Speaking of acquisitions, a multi-billion-dollar deal is like going out and seeing tomatoes that are cheap today, costing two pounds.
Sure enough, the world of rich people is so simple and unpretentious.
This incident was completely unplanned and involved a large amount of money.
The key is that once it goes public, Cao Shen's entire planning rhythm will change significantly.
Moreover, TT Technology still has so many people. Although it has secretly laid off about 5,000 people in the past six months, there are still nearly 10,000 people waiting to be fed.
But if TT Technology is brought under his control, the number of PC TT users, accumulation in the gaming field, and US$6 billion in cash that Cao Shen was worried about before will no longer be his own problem, but his own bargaining chip.
Oh, no, most of the US$6 billion will be used to acquire stocks from TT Technology shareholders.
Basically, it is equivalent to the original shareholders dividing the cash on the account through being acquired.
These people took away the cash, and they still had to pay wages to the remaining employees!
Then you have to bargain again! No matter what, I have to get three months' salary for these ten thousand people.
The acquisition also requires layoffs. How many people do I have in Tongtong Technology? It is too inefficient to have so many of you.
Then there is also the layoff compensation, which also needs to be bargained out!
The disadvantage of an acquisition is that when you suddenly take over this large company, it takes a lot of time and energy to ensure that it operates normally and even better than before.
And it will definitely involve drastic organizational structure adjustments and business adjustments...
It’s very troublesome just thinking about it!
In addition, although it is listed under a shell, all aspects of Tongcao Technology must be exposed to the light. How to do this...
Here Xiao Gang hung up the phone, took a sip of the tea that Zhang Dagang offered.
Zhang Da poured tea for himself, put down the teapot with a bang, and said with some dissatisfaction:
"Boss Xiao really cared about this rookie. He did such a good job that all his plans came to me."
Xiao Gang smiled: "Zhang Da, how many years have we known each other? Ten years?"
Zhang Da glanced at him: "Almost twelve years."
Xiao Gang nodded: "Yes, it's been twelve years, we are all old."
Zhang Da said angrily: "So, should we give way to young people?"
Xiao Gang blew away the water in the tea cup and raised his eyes to look at Zhang Da: "What else?"
Zhang Da rubbed the handle of the teapot with his fingers: "Xiao Gang, you are forcing me."
His tone was grave and his face even darker.
Xiao Gang relaxed his body and leaned back on the chair, looking down at Zhang Da: "What else?"
"TT Technology's listing in Xiangjiang does not mean that shares have the same rights. Although you can contact other institutions to sell stocks to you, most of the voting rights are still in the hands of our core team.
As long as our core team doesn't nod, you won't be able to acquire it. If you want to hand over TT Technology to Cao Shen, it's too simple for you! "Zhang Da's voice was raised, and his tone was filled with anger.
"Well, what you said makes sense." Xiao Gang didn't take it seriously and said slowly: "You were always here when I called just now, didn't you hear me?"
"Hear something!"
"I told Cao Shen that except for the seventeen points in your hand, the other core team's shares are not a big problem." Xiao Gang adjusted his cuffs slowly.
Zhang Dahuo stood up:
"You! Impossible! Our core team has been together for more than ten years!
At this time, they will become even more entangled. This is not the first time that TT Technology has encountered a crisis!
Every time we reach new heights, we rely on the cohesion of the core team!
You are so naive! "
Xiao Gang nodded: "Well, it took a while to convince them."
He gently opened Zhang Da's hand and pointed at his own hand and said:
"Zhang Da, calm down.
You also said that after more than ten years together, people will get tired.
The average age of your team is forty-two, forty-five?
The most energetic years of my life were dedicated to TT Technology.
You want to tie yourself to TT Technology, but you also have to think about other people.
With their abilities, experience and resources, they can try something else while they are still young and use the Internet to enrich their lives and see the outside world.
Whether you are starting a business or investing, come out and take a look.
Instead of growing old and dying together with TT technology.
This is too cruel.
It is better to retreat bravely from the rapids than to be in danger at the end of the year. "
"You! Is this how you convinced them?" Zhang Da's body was shaking a little as he stood. He never thought that these veterans who worked together would leave him, which was what he couldn't accept the most.
"Yes! It's a very simple truth, isn't it?" Xiao Gang patted the table and motioned for Zhang Da to sit down.
Zhang Da sat slumped in the chair and looked at him.
Xiao Gang continued:
"If you think about it carefully, some of these veterans are still fighting on the front line.
Do you really sympathize with what young people like?
Yes, as the leader of TT Technology, you have always insisted on caring about the preferences of young people, what these future users pay attention to, what they like, and what is popular.
But do you really find it interesting when you play with their stuff?
You have to admit that times are different, cultures are different, and growth environments are different.
You are just following young people's things instead of creating them. "
Zhang Da smiled and shook his head: "Although we are old, TT Technology adds new blood every year. We create new products that meet future preferences."
"That's right." Xiao Gang also nodded:
"But, have you ever considered how the people you recruited can get ahead in an environment where the elders are their immediate bosses?
When they are working on projects, they do not consider breakthroughs or innovations more.
Instead, you need to consider the balance between your own creative breakthrough and the seniors’ ability to approve the project.
The greatest strength is used in balance in order to obtain the company's resources.
And even if the results they make are good, so what? get promoted?
What kind of achievements are needed to surpass the status of these veterans? "
Zhang Da shrank and became silent.
Xiao Gang continued:
"What if TT Technology gets the ticket to the mobile Internet.
These young people still have a chance to overtake others because they have made excellent mobile Internet products on TT Technology's platform.
But now, you don’t have the tickets, and they have lost this opportunity.
Entrepreneurship is so hot now. Instead of staying in TT Technology to be a screw, these young people should go out and give it a try. Then, what you are about to face will be the loss of a lot of talent.
If you look at Tongcao Technology, the UUA it acquired was nine young people. He has become the core figure of Youxin Game Open Platform.
At TT Technology, your employees no longer have this upward path.
They have to wait for the KPI assessment year after year and climb up step by step.
You said, where will outstanding talents go in the future?
In the technology industry, talent is the number one fighting force! "
Zhang Da lowered his head and said nothing.
Xiao Gang stood up:
"Old friend, you've done a great job for many, many years.
It's time to make way for young people, and it's not bad to invest.
Isn't it better to use your experience and resources to achieve more Zhang Da than to stick to TT Technology? "
He reached out and patted Zhang Da on the shoulder:
"The legacy of the consumer goods industry may be valuable, but the technology industry must have upstarts for the world to progress."
After saying that, he walked out of Zhang Da's office, leaving Zhang Da looking at the empty chair with dull eyes.
On October 1, Huanshi Video released its own 4.0-inch screen smartphone as scheduled, and it sold out in one minute.
Because they are all in stock, everyone received their mobile phones one after another during the holidays.
By the time the stock market opened on Monday, there was already overwhelming praise.
Inevitably, the stock price has reached its limit again and will continue to grow wildly.
This mobile phone purchased from Huanshi Video is priced at 2299 for the Eight Stars and Eight Arrows. After replacing the Huanshi casing, it only sells for 1299. This price-performance ratio and performance cannot be said to be high.
At this time, Damai mobile phones had previously been in trouble with battery explosions and delayed deliveries. Other domestic mobile phone brands will not be able to send out their first shipments until next month.
Therefore, Huanshi Smartphone has suddenly become the number one mobile phone brand in China!
Finally, Huanshi Video became the "real technology concept stock" that Zhen Chong had dreamed of.
Moreover, there is the concept of "online TV station", which suddenly became a scarce stock in the domestic stock market and gained unparalleled popularity.
By the end of October, the entire market value had reached 60 billion yuan.
Boss Zhen also received a new title, Zhen Mi Tao!
But the senior executives of the mobile phone R\u0026D team of Huanshi Video knew what was going on. This was not something they created at all!
The machine I made myself has just got a prototype, and bugs are still popping up like crazy.
This incident made Vice President of R\u0026D Liang Xingmao anxious all day long. He was originally just a R\u0026D director of a mobile phone solution company, but he switched jobs to Boss Zhen as the R\u0026D director under the package of a headhunter.
Although there was also a R\u0026D director in Taihe, R\u0026D in Taihe is divided into product lines and groups. The head of a group will give you the title of director. There should not be too many R\u0026D directors.
Now that Huanshi Video's mobile phone has become a hit, he has been promoted to vice president of research and development. Not only that, because of this phone, the outside world's evaluation of him suddenly became extremely high.
From a little-known team leader to a leader in domestic smartphone research and development, this frightened him.
It feels like everyone is praising your son for being so awesome, so awesome, so well inherited, and your genes so powerful, but your son is not your own damn son!
Just say, are you feeling guilty or not?
Not only that, Boss Zhen seems to have benefited from the public relations campaign and has arranged a full schedule for him.
Various industry seminars, various success sharing sessions, and interviews with major media all required him to show his face.
It is as if he has established himself as the first person in the country.
But the more this happened, the more frightened Liang Xingmao became, and his whole state became depressed.
When Boss Zhen saw this, he felt it was not possible. Next, I have to rely on you to sell the things you make! How can I feel at ease when you look so dead?
Moreover, although the entire mobile phone research and development team has signed a confidentiality agreement. The R\u0026D personnel below are often responsible for their own functional modules and may not necessarily know this matter clearly. Even if they do, there is no need to jump into panic.
A few senior executives knew about it, but it didn't matter to these few. They just did what they should do after Lehehe got the bonus.
But Liang Xingmao was different, he looked dead. Boss Zhen is worried that this coward will not be able to bear the pressure mentally and will explode!
I'm thinking about solving this internal problem.
One day, Boss Zhen learned that there was a programmer job as a programmer, and he was inspired.
In terms of this kind of encouragement, who else can compare with me!
So, Boss Zhen waved his hand!
Go and do team building and have a celebration party!
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