Li Mu firmly believes that life is like mountaineering, and many people have the potential to reach the top, but the road to the top requires a variety of factors such as time, place, and people.

In the long road to the top, as long as one foot in the air, it is possible to break bones, Rao is a powerful character, as long as the height is enough, will not be spared, and some guys who are lucky enough to pick up a life, I am afraid that there will be no more mentality and courage to reach the top.

Many people's success is like rushing over a choppy river from one stone to another, such as Bill Gates, like a horse painting vine, such as Mark Zuckerberg, such as Steve Jobs, although these people have successfully run to the other side in one go, but every step on the way is extremely dangerous.

Among these people, Jobs's road to the top was the most bumpy, several failed to reach the top, several times had to retreat to the foot of the mountain to find another way, and finally on iPod and iTunes, and at the same time let Tim Cook and Apple's developers develop iOS on the basis of macOS.

If everything goes well, in 2005, at the latest in 2006, Makino Technology will be able to come up with two sets of real smartphone operating systems, and at that time, it will be a big killing, it will be a ruin.

In Li Mu's concept, iOS must adopt a completely closed-source method, only for his own mobile phone and other mobile hardware use, as for Android as the core of the MOS, it can take the form of paid authorization, authorized to other mobile phone manufacturers.

Paid licensing, but by no means a completely open paid licensing, is not that anyone can buy it if they want to, but who can buy it if they want to sell it to.

By the time he had two mobile operating systems in his hands, all the other competitors in the industry had become ants.

Subsequently, Lin Qingya, on behalf of Li Mu, began further acquisition negotiations with Apple.

On behalf of Li Mu, Lin Qingya made Li Mu's final offer to Apple: with the price of $4.15 on the day as the standard price, and 90% of the standard price as the actual transaction price, he would acquire all the shares in the hands of Apple's shareholders, and after signing and confirming, he would propose compulsory privatization to the NASDAQ with 4.15 yuan as the standard price and 150% of the standard price as the purchase price of the tradable shares.

50% of the acquisition funds paid to Apple's shareholders will be signed and the remaining 50% will be paid within three months, and the funds paid for the acquisition of outstanding shares will be paid immediately when the privatization is initiated.

Regarding the purchase price of circulating shares, Li Mu can actually press down a little more, after all, Apple's stock price performance is too miserable, and if the news of his own acquisition comes out, and then because the privatization cost is too high and give up the acquisition, then Apple's stock price will carry out another round of overfall, and at that time, the stock price will hit a new low, and it will be difficult to think about it again, so as long as a 20-30% premium is given, whether it is NASDAQ or retail investors and investors will accept it, and forced delisting can be achieved.

However, for the sake of the corporate image of Makino Technology, Li Mu personally made the decision and set the standard of 150% premium privatization, which can be regarded as using Makino Technology to pay out of his own pocket to replace Apple, and give a little compensation to retail investors and other investors who have suffered heavy losses.

After all, Makino Technology must be listed on the NASDAQ in the future, and Li Mu doesn't want to leave a kind of impression on the NASDAQ investors now, spend more money, buy a good reputation, and at the same time sell the NASDAQ a face, which will naturally be much more convenient when it is listed in the future.

Ding Jian calculated the account for Li Mu.

At present, Apple's market capitalization is about $3 billion, and the proportion of outstanding shares is almost 25%, with a market value of $750 million, that is, the funds used to acquire outstanding shares are 1.5 times that of $750 million, that is, 1.125 billion;

The remaining $2.25 billion was paid to Apple shareholders at a 10% discount, for a total price of $2.025 billion.

When you do the math, that's $3.15 billion.

Leaving a certain amount of cash flow for Makino Technology, it can draw up to $700 million in cash, which means that Li Mu's funding gap is about $2.5 billion.

Seeing that Apple couldn't wait to be acquired, Ding Jian pulled Li Mu and Lin Qingya to touch in private, and specifically reminded Li Mu that the biggest problem in the acquisition of Apple at the moment is not whether Apple agrees, but whether Makino Technology can get so much money.

With $2.5 billion in cash, there is not a single Internet company in the world that can come up with so much money.

Everyone's market value is piled up by high turnover, high gross profit, storytelling, and speculation, and most companies have a very low net profit margin, and they don't have enough money to spend themselves, and they have to raise money everywhere, so how can there be $2.5 billion lying on the account.

This reminded Li Mu of a joke.

A woman who doesn't have a strip of money is taxi, and the driver stares at her, and she asks herself, haven't you seen a beautiful woman with no clothes on? The driver said I'm just curious, where the are you going to pay for it later.

Lin Qingya was also worried.

Li Mu kept asking her to move forward, don't care about the money, there must be a road before the car reaches the mountain, the premise is to drive the car to the foot of the mountain first, but seeing that the car is about to reach the foot of the mountain, she has not seen where the specific road is, she is really afraid that this matter will flash in the end.

However, Li Mu did not have this worry.

Li Mu said to Lin Qingya and Ding Jian: "You don't have to worry about money, I have already figured out an operation mode with my brain." ”

"What pattern?" both were surprised.

No financing, no loans, where will the $2.5 billion go?

If Makino Technology wants to borrow from the bank now, the bank will not accept the pledge of net assets, they will definitely ask for equity pledge, and the valuation of equity will be very low, which means that if you want to take out an equity pledge loan of 2.5 billion US dollars, Makino Technology is likely to pledge more than 5 points of shares.

Speaking of pledges, pledge is not a big problem, after the listing has money to redeem it, but Wall Street is not a flock of sheep, this is all wolves, if the shares of Makino Technology are really pledged in the hands of these people, they don't know what kind of demon moths will come out for the sake of profit, such examples are not uncommon in the capital market of US imperialism.

Domestic banks will definitely sell Li Mu a face, but the $2.5 billion cannot be the equivalent of RMB, it must be real foreign exchange, otherwise it would be strange if Apple shareholders were willing to use RMB to buy their shares.

Ding Jian and Lin Qingya didn't know how Li Mu could get 2.5 billion US dollars in foreign exchange, but Li Mu was confident, and he made a phone call to Chen Ze in front of the two.

In Li Mu's view, Chen Ze is not only an interesting friend, but also one of the shareholders of Muye Technology, and he has made so much money by car, so he naturally can't be cheaper when it's time to contribute.

The phone was connected, Chen Ze first asked Li Mu how he was in the United States, Li Mu greeted him for a while, and then said to him: "Old Chen, I have an idea in my head, I'm not sure if it will work, you can help me staff if I say it." ”

Chen Ze smiled: "Is there something you can't figure out?" ”

Li Mu said: "That's the case, I want to start a private equity fund in the CSC club first, short-term, about half a year, with an annualized return of not less than 8%. ”

"Not less than 8%? high enough. Chen Ze smacked his lips, felt a little wrong, and asked him: "How much money do you want to get for such a high rate of return......

Li Mu laughed and said, "You still understand me." ”

After a pause, Li Mu said: "There is not much money, only more than 20 billion. ”

"I'm ...... every day," Chen Ze blurted out: "More than 20 billion, such a private placement scale is too large, it is difficult to use normal procedures in the short term, and the state is afraid that it will not be approved." ”

Li Mu said: "Don't worry about this for now, you make an assessment first, and mobilize the entire CSC, can you raise more than 20 billion in cash?"

Chen Ze said without hesitation: "In terms of the amount, it must be, now the CSC club has more than 1,000 members in the country, I can tell you this, most of the children of the rich in China are in our club, I made a rough count before, the net worth represented by the members of the entire club, the total amount is already hundreds of billions, if you use hundreds of billions as leverage, the amount of funds they can leverage will be greater, you give them 8% They don't have to take their own money, they only need to use their relationship, they can easily get funds with an annualized interest rate of less than 5%, and they can earn half of the interest if they take this money and lend it to you, and easily take money to make money, so don't say 20 billion, if the national policy allows, 200 billion is not a problem. ”

"Well, that's why I give an 8% annualized return, as long as I can make sure that enough money is raised. Li Mu said: "Let me ask you another question, if I take more than 20 billion yuan and go to the central bank to help exchange 2.5 billion US dollars in foreign exchange and take it to the US market for capital operation, do you think it is reliable?"

Chen Ze was stunned for a long time and asked Li Mu: "Brother, didn't you wake up...... Do you know what it means to exchange $2.5 billion in foreign exchange? Do you know what it means to have such a large amount of foreign exchange? The central bank has released so much foreign exchange, and if it does not come back, the country's losses will be too great, and no one dares to take such a risk, unless you are a central enterprise and have the endorsement of an organization above the ministry level. ”

Speaking of this, Chen Ze remembered something, and added: "By the way, your matter of raising more than 20 billion cash has almost no possibility of success, and even if it succeeds, it will leave a handle, and if someone wants to trouble you in the future, this matter is easy to make a big fuss, not to mention taking more than 20 billion in cash and going to the central bank to exchange 2.5 billion US dollars in foreign exchange......

Li Mu smiled and said, "Aren't I going to buy that Apple company in the United States, I don't have enough money in my hand." ”

As he spoke, Li Mu said again: "Then let me ask you again, what if I promise to wait for the success of the IPO of Makino Technology, return the $2.5 billion with interest, and then invest an additional $2.5 billion in China? ”

Chen Ze was stunned and said: "What do you mean, first find the central bank to borrow 2.5 billion US dollars in foreign exchange, and when Makino Technology is listed in the United States, you return the 2.5 billion US dollars, and then make up 2.5 billion US dollars to the central bank......"

"yes, and it's $2.5 billion, and it's likely to be more. Li Mu said: "After the successful IPO of Makino Technology, all the money we raised from the U.S. stock market was in US dollars, and some of it was invested in China, isn't it foreign exchange?"

Chen Ze sighed after a while: "If you had said this earlier, I wouldn't have talked to you about the legality of private placement just now, this matter will go directly to the central bank, the central bank will definitely be willing to help, the approval process that needs to be taken, I believe that with the strength of Makino Technology and your personal style of acting, there will definitely be no problem, even if you don't look at these, just look at the 2.5 billion US dollars in foreign exchange will help, so that you can even save the 8% annual interest rate of private placement." ”

Li Mu said: "That's not good, I directly asked the central bank to borrow dollars, this is a blatant destruction of the country's foreign exchange management regulations, even if the central bank opens a back door for me, there are hidden dangers in the future, or the curve to save the country, 8% annualized interest rate, compared with the cost of getting money from the hands of capital, it is simply negligible." ”

Speaking of this, Li Mu said: "The most important thing is that the family background of the members in the CSC club is relatively strong, if this private placement is taken out by one or two hundred or even five or six hundred rich people from all over the world, the interest group behind this matter is quite large, even if people with a heart want to make a fuss, they must also weigh the energy behind it, I am spending 8% interest, pulling a group of people to carry it with me." ”

"Understood. Chen Ze said: "I'll wait for tomorrow to ventilate this matter, if the central bank nods, and the private equity thing starts to operate in China, I think, just make your promise of 2.5 billion US dollars, and this matter is not far from ten." ”

"That's good. Li Mu breathed a sigh of relief and said, "If it's OK, push forward as soon as possible, and strive to get the money in place this month, so as not to have too many dreams at night." ”

"Rest assured. Chen Ze smiled: "This is a good thing that has the best of both worlds and benefits each other, and I will promote the implementation as soon as possible." ”