"Christopher, my friend, why don't you understand that for them, you're just a popcorn buyer, and I'm just an upstart.

You know, we're just fat pigs, and the difference is that they're a little old and can't hold knives anymore.

Even so, they have nothing to do with me, a wild boar. As for you, I don't think you have room for resistance. ”

For lengthy negotiations, William White had no patience. Similarly, Christopher Galvin was impatient. They need to leave with dignity, otherwise, there is no way to recoup the points they lost on the board.

"You mean?"

"Isn't it strange that your family controls less than 5% of the shares, and even if I fully support it, you can't expect to get the majority of it. ”

Speaking of this, a drop of cold sweat slowly dripped down his forehead. William White shook his head and smiled bitterly, the guy on the other side, at this time, still didn't know anything.

William White's words, like a monstrous wave, instantly destroyed Christopher's self-confidence.

"William, are you serious?"

"Hehe, tell me, can the current stock price reflect the value of Motorola? For the vultures on Wall Street, any overestimation and underestimation will become a delicacy in their mouths. ”

"William, if you really do what you say, I can't be cheap.

Because if I did, I might get fired from my own company. ”

"No? Jobs was also fired. I don't think you'll ever have to do it all over again, though. ”

William White knew very well that the guy on the other side would definitely compromise. Of course, he cares more about the control of the company than about a failed project. Since William White said that the White Fund did not support him, it is clear that the internal affairs of his company are not very stable.

That's right, William White was also greedy. The valuation of 200 million US dollars will not be relieved. It's not so much an acquisition or restructuring as a bankruptcy liquidation.

"Do you want to make a bet? If I don't make a move, I won't be able to sell you for 1 US knife.

You don't think there's only price going on, do you?"

"Okay, deal. If I say, I was a little sad and angry before I entered the door. Now that I understand, it's no wonder that a lot of target customers have changed their plans. ”

William nodded and said, "You and I both understand that the attribute of capital is greed. However, using external forces to engage in management buyouts is not greedy, it is shameless. ”

"Thank you, I want to confirm that our partnership will not change?"

"Of course, you and I are both funders. The position is unanimous, so to speak. If it is a founder, then there is nothing to say, professional managers, if there is no little persistence and discipline, how strong is the ability.

This is an act that cannot be encouraged. ”

Christopher smiled and nodded, just as he thought, the reason why William White told him was just a stand.

If William White would have fooled him, he himself did not believe it. To be honest, if he hadn't been cornered, he would never have been so resolute.

In his opinion, William White may have taken the yttrium star for Tesla's rocket project. Due to the extremely high failure rate, not many people care about any rockets anymore. That is, William White has money, and he can squander it with impunity.

Failed to launch?

It's okay, buddy likes to watch fireworks, can you manage it?

"Boss, you tell him directly, but there is a suspicion of sowing discord. "It's bad luck to run into this casual boss. Of course, it is not appropriate for him to express his opinion on this matter.

A management buyout, in his opinion, isn't so unbearable either. In other words, if you can't lead the company forward, abdicating and making way for a virtuous person is also a solution.

This is the nature of the capital market, otherwise, there would not be so many rules. Isn't the reason why the exchange exists for the circulation of the company?

Of course, the boss will not like it.

Or, when he has his own company, his mentality and ideas will be different.

"Filson, I'm not that absolute. MBO is actually nothing, Yahoo and Amazon, I didn't let it go too.

If one day, I really can't manage the company well, the position of chairman is actually not necessary.

There is a bottom line here, you can't eat inside and outside. Look, I think, Christopher will still lose in the end. ”

"Boss, you're saying it's going to be a hostile takeover?"

"Hehe, not only that, but it's going to be a feast. Eventually, there will be no more Motorola to be swallowed. ”

William White wasn't going to say that, and of course, the reason he told Filson now was simple. Whenever someone is going to sell, the White Fund will bid.

Hmph, buddy is still a shareholder of Motorola. Whatever you want to do, there's no way around me.

"Hehe, the means are too rough, so even if you succeed in taking the position, you will encounter a fierce backlash. Buffett pouted with disdain. He understands too well that William White is the master who does not suffer at all. It's just a pity that for a long time, Motorola will fall into internal friction.

"Old man, doesn't that fit your cigarette butt theory very well?"

Hearing Charlie Munger's teasing, Buffett didn't care. Nima, what the old man needs is a cigarette butt, and Motorola obviously doesn't meet it. What a big game, he is not qualified to participate.

"Hehe, I'd love to know what the old guys would look like.

However, the kid of the Galvin family is really not capable. Do a good job of the phone honestly, you don't have to be strong at everything. ”

The conversation between the two old guys, William White naturally did not know. If you knew, you would be very dismissive. The founder and the professional manager are completely different from each other for the business ideas of the enterprise.

Generally speaking, those deadly CEOs in the United States are always wheel-turning. Anyway, we have an agreement, how much performance I will help you improve, and how much equity incentive you give me.

Generally speaking, three years is the most. Because beyond this time, no matter how good a professional manager is, he will be squeezed by himself, and there will be no time left, let alone any improvement in performance, maybe there will be negative growth.

The benefits are obvious, they will streamline the management of the company, and they will do their best to reduce all kinds of expenses. In a word, if the general environment has not changed, it is very common for these people to increase profit margins.

As for the drawbacks, they play to quench their thirst. How to maximize the overdraft potential is what they should do. As for R&D and brand image, if you can't improve corporate performance in a short period of time, all of them will be cut.

Among them, the most typical one is Gerstner, who was invited back by the blue giant.

You see, the advantages are obvious. Because of the addition of this person, the blue giant got rid of the bad luck of bankruptcy and liquidation.

That's the plus, as far as the downside goes.

When this guy retires, whoever comes up to take over will be a dead end. Believe it or not, IBM, almost all the great inventions, this is the research and development of this guy before he came to power.

In this world, there are no ifs. More people will only say that the successor later is a rice bucket. Of course, they don't know that the so-called high-tech companies, once they give up R&D, are a dead end.