Wall Street Legend

  Chapter 82 Equity

   The accountant that Edward Johnson Jr. sent to check the accounts had a dark face when he went out. He already had a premonition that a storm was coming.

With various copies of the transaction procedures, I stuffed them into my purse and left in a hurry. I thought that Edward Johnson, under the guidance of a group of super traders, earned more than 700,000 U.S. dollars in two weeks. However, compared with the numbers I just saw, it is so pitiful that I can't show it.

   What the **** is the profit rate of 87.32%? !

  If experience told him that this figure was correct, he must have thought that the guy who bet against his boss cheated and directly transferred the money into this new company as profit.

I made a phone call to inquire about the recent increase in crude oil, and found that it was consistent with the data on the financial statements. Only then did I realize that there really is such a guy who dared to use more than twelve times the leverage to bet on crude oil futures, and he successfully gambled and made a profit. Such a large sum of money!

On the way back, I seriously thought about the lady’s suggestion just now, and felt that it would be better to persuade little Edward to give up directly, otherwise, this kind of winter swimming in the winter and shouting "I am a pig!" will ruin his reputation in this life , there is no need to joke about the glory of the rest of my life...

  Wall Street.

  Miss Laura was making dinner, and the time in Hong Kong was sixteen hours ahead of New York, which had just turned dark.

  Suddenly heard the sound of something breaking, and asked loudly: "Grace! Are you okay?"

   "It's ringing! My machine is vibrating!" replied the girl.

Laura froze for a moment, hurriedly turned off the natural gas, wiped her hands and ran out of the kitchen, excitedly said: "I'll make a call for you and ask the hospital, maybe your operation has been arranged! Good shoes, we'll be off in a minute!"

  **************

  Compared to New York with light snowfall, the temperature in Xiangjiang is so hot that you need to turn on the air conditioner.

Ye Dongqing didn't know what was going on on Wall Street, before the call reached him, he finished his breakfast slowly, and told Boni Ma that he also had an Internet company, and when the business was similar to Tencent, he finally let the other party come interest.

Mr. Ma was on guard before, because he understood what Ye Dongqing wanted to do. After several rounds of financing, he had not much shares in his hand. If someone was going to drive him, the founder, out of the company, Bonny Ma would be very passive. Thinking this way It is normal to want to be on the alert. For the founders of a company, how many shares and who owns them are always matters of life and death.

   "Different from ICQ, I want to start from another aspect. The developer is conducting the final test and it is estimated that it will be launched in the near future."

  Ye Dongqing avoided the important, wiped his mouth and continued: "So compared to Wall Streeters, we are more like colleagues. I am very optimistic about this industry. This is why I came to find you and hope to invest in Tencent.

   If I'm not mistaken, the shares held by MIH Group have already caused you trouble, right? They will soon get the controlling stake. At that time, you, the founder, will become a person who can’t speak. You should choose to find a strong helper who is willing to give up any decision-making power within 20 or 30 years. Give all the power to your third-party investors, like me. "

  He checked the information and read the information of the road show. Bonnie Ma's wealth is concentrated in this company.

  In fact, Ye Dongqing's capital is also not much, but the other party doesn't know, as long as he can successfully get 10% or 15% of the shares, it is enough to satisfy his appetite. It's not that I don't want to have more, but unfortunately the funds are limited, and FaceBook will burn a lot of money in the future, so there is no need to put all the chips on this company.

  The problem mentioned by Ye Dongqing has long been a headache for Mr. Ma. MIH Group already holds more than 40% of the shares. Even after the listing and financing, it will still hold more than 30% of the shares.

The more critical issue is that even though they already hold so many shares, MIH Group still continues to acquire other shares. Strictly speaking, this company has become a company of MIH Group, and only a small part belongs to him. If they don't feel that they need someone to help Take care, he may have kicked him away.

  Mr. Ma put down his chopsticks, and asked with a serious expression: "You have said it yourself, MIH Group will not sell you shares, and you can't let me sell them to you. This is even worse."

"The founder team owns 7.2% of the shares in IDG. MIH Group rejected me, but let me talk to the people in its headquarters. It's not completely impossible. If it doesn't work, it's okay. How about financing to dilute their shares, MIH Group has the priority financing qualification?" Ye Dongqing asked after successfully turning the topic on a track that was beneficial to him.

  "Well, so I don't dare to raise money recently. Only going public is the most suitable. No one from the founding team will sell it, at least until after the listing.

  Except for me, they have already sold some of them, and now I have enough money to spend, and I will not reduce my holdings at all. Recently, MIH Group is willing to buy at a market value of 180 million US dollars, and I have not agreed..."

  Issuing additional shares in the IPO will dilute Bonnie Ma's shares, but MIH Group's shares will also be diluted, so that the possibility of being controlled by MIH Group will be much smaller.

  If you want to understand the current Tencent, you must first understand its financing process two days ago.

  At the beginning, the shares were in the hands of the five founders headed by Pony. In the early days of the business, IDG and Superman’s company Yingke Digital invested a total of 2.2 million US dollars in Tencent, each obtaining 20% ​​of the shares.

In June last year, Yingke Digital sold all of its 20% Tencent shares to MIH Group at a price of US$12.6 million, and then MIH Group also acquired 12% from IDG. Point eight shares.

Just this year, in June 2002, some of the main founders of Tencent sold 100% of their shares to MIH, so currently only Boni Ma and the founding team, IDG and MIH Group hold the shares of this company , IDG those are enough to decide who this company belongs to.

IDG is the abbreviation of "International Data Group of the United States". This company is headquartered in Boston, and there are several Chinese people behind it. Interest, mainly because he said he would give up management rights, and the current CEO of IDG does not intend to do that, and has intervened in decision-making at shareholder meetings many times.

  The company's shareholding structure is very complicated, especially when it comes to power struggles. One of the reasons Ye Dongqing doesn't want Facebook to raise capital prematurely is because he is afraid of trouble. He wants the company to develop according to his own ideas.

The other party has made it very clear, Ye Dongqing nodded and said: "I will contact IDG and MIH Group first, and you can help me ask your people, I am willing to buy their shares according to the market value of 200 million US dollars, no matter how much I will Yes, the management rights are transferred to you..."

  (end of this chapter)