Wall Street Legend

  Chapter 268 Holding Increase (14)

"We have tried to contact several companies, and the quotations are generally relatively high. I think it is better for you to negotiate with them in person. Apple's stock price has risen a bit in the past six months, and the premium of 30% to 35% is enough to attract. When they sell, in theory, Apple's board of directors can't get enough votes against you. It is more expensive to forcibly remove those independent directors who oppose you. It is better to divide them directly from the inside and kick out the core people first.

However, I know that you have an extraordinary obsession with Apple, and increasing your shareholding should be something in your plan, right? I probably know the next development direction of Apple, and I am actually quite optimistic about it. The company's development prospects. "

Mr. McCord is a smart man. Maybe he doesn't have as far-sightedness as Ye Dongqing, but he can manage Danshui Investment Group in an orderly manner, which is enough. The development of strategic planning is what Ye Dongqing considers. He only wants an internal A company that is stable and whose managers follow their wishes unconditionally.

The original Ms. Vigo was obviously not good enough. As soon as she achieved a little success, she began to be half-hearted. I heard that the fund company she founded with others was not successful and lost a lot of money. I believe I have begun to regret my original choice. , gave up a stable high-paying job, and failed to start a business again. It is not easy to find a suitable job at her age, and she is still a woman.

  I often hear people say that women's rights have risen to a new height in the 21st century, but that height is only relative to their previous status, especially in the financial field, male employees are more popular.

Ye Dongqing acquiesced to these words, and did not intend to justify anything. He was planning to use this dispute to make a fuss, and then launch a new round of forced acquisitions until the shareholding exceeds 51%. At that time, no one in the company could challenge his authority, and he could get more money when he made money. It was a high-growth asset that was more suitable for long-term holding, and getting rid of those independent directors was just a matter of convenience.

  He and them are at different heights, which is probably the difference between wage earners and bosses. There is no need to really get angry about it. As a businessman, the starting point for doing things is mainly profit.

   Said to Mr. McCord: "Just assume that you are right, why should I go to talk to them in person?"

"The small and medium shareholders who currently hold Apple's stock are those who are more optimistic about the prospects of Apple. If they are not optimistic, we have already bought it last time. You can talk to them about the conflict with the board of directors and create Give the false impression that Apple will cause turmoil due to power struggles, and express impulsiveness, so that those people feel that they can take the opportunity to make a profit on the basis of your quotation, so that the possibility of successful buying is higher, at least than the subordinates. It's better to talk to people."

  Mr. McCord added after finishing speaking: "Wait until other people hear the news, and then ask other people in the company to talk to them, which should have a good effect."

   "Okay, give me a list, I'll take the time to talk to them in person, preferably an investment company in New York." Ye Dongqing readily agreed.

"Okay, Japan's SoftBank Group probably won't work. Even the most professional venture capital firm has only about a 10% chance of not losing money. The goal of successfully making money through investment is less than 3%. The probability of investing in super potential stocks such as Google and Amazon in the early stage is even less than one percent. You should know how many Internet startups there are in the world.

According to my understanding, Sun Zhengyi has made ten times the original investment by investing in Alibaba, and this company has just started to develop and has achieved good results. Even I am optimistic about its market potential. How can the big investors not see it? The more we get in touch with him, the less likely Sun Zhengyi will sell it to us. Unless he offers a high price that he can't refuse, it may be about double the premium, which is not worthwhile. "

Venture capital is not so easy to do. Except for Ye Dongqing, no one knows what the future world will be like, and no one can be sure which company will become popular in the future. Therefore, when there is no shortage of money, venture capitalists invest in A good company likes to hold on to it tightly, and will not consider changing hands until it squeezes out all the potential. Ten times the income may seem like a lot, but you must know that this is an Internet company, and the valuation has skyrocketed ten thousand times, such as 80 Microsoft in those days.

"Forget it. I'm talking to the founder of Alibaba Group about a new round of financing. Don't just focus on Softbank Group. There is also MIH Group. I don't seem to have seen the negotiation record with it. Is it possible? A premium to get more Tencent shares from them?"

These are the key matters that Ye Dongqing is concerned about. Mr. McCord has been watching in person, and told with a smile: "We are still talking, but it should be successful, but unfortunately the price will probably be very expensive. They are easier than Sun Zhengyi Dealing too much, you know, the Japanese are naturally shrewd, and almost beat the United States economically back then."

   "How much will it cost?"

"A premium of 30% to 35% on the basis of a valuation of 400 million US dollars. The specifics are still being discussed with the people of MIH Group. They just changed their CEO. It seems that it is not The kind that will pay attention to the Internet industry, he is in his fifties." McCord pointed to his head: "The concept is relatively old, and he pays more attention to the immediate interests. The chips we have given are quite considerable."

  A valuation of US$400 million means that since Ye Dongqing invested in Tencent Group last year, its valuation has roughly doubled, and the growth rate is relatively impressive.

For the time being, there is no intention of listing this company. In his opinion, the first IPO listing will be Facebook. However, before the situation becomes unavoidable, there is still no idea of ​​listing these companies prematurely. Tencent is short of money. Ye Dongqing would rather give him a low-interest loan than let him go public. The current market value is only so low, and if he dilutes his shares early, he will definitely lose a lot in the future.

According to Boney, the co-founders around him have different opinions on this matter. MIH Group also hopes to go public as soon as possible, but because the loan has already arrived, he temporarily suppressed it. The two just talked on the phone yesterday. Have communicated.

   "This number is not bad, times are always changing, I don't know when we will become old antiques in others' mouths, we should keep learning and keep up with the times.

There is something I forgot to tell you. Next, I will purchase two helicopters in the name of Freshwater Investment Group. In addition, I will build a high-rise building. Help me to ask where Mayor Bloomberg is. I want to make an appointment with him today. He met me, and now I will help me choose a good land with a relatively large area, preferably on the Midtown side, or near Central Park..."

  (end of this chapter)