Chapter 1420: So as not to have too many dreams at night

The acquisition of Apple is the single largest transaction planned by Li Mu since his rebirth, Li Mu seems to be calm on the surface, but he is already excited in his heart.

However, where to get billions of dollars is really a big problem for Li Mu.

Li Mu doesn't want to dilute his shares at this juncture to repay the money, but no matter how he tries to get a loan from China, or engage in private equity, all he gets is RMB, in order to prevent the impact of the Western economy on the country and ensure the exchange rate of the RMB, the state has strict control over foreign exchange, and it is not difficult to get tens of billions of yuan, but it is difficult to get billions of dollars.

However, this problem did not cause much trouble to Li Mu, for him, the most important thing at the moment is to negotiate with Apple on the acquisition of related matters, as long as Apple's shareholders are willing to help, and then think about how to solve the problem of money.

A few hours after Apple's stock price plummeted to $4.53, it was 9 a.m. Yenching time, Li Mu asked Li Ziwei to inform the core layer of Makino Technology, as well as Lei Jun and Liu Qidong of Taobao Technology, to have a meeting at 10 o'clock to prepare for the formal establishment of a temporary business unit dedicated to the acquisition of Apple.

At ten o'clock, Louis Martin came to Li Mu's office and said to Li Mu very enthusiastically: "Mr. Li, I have already said hello to the headquarters, and from today until you leave for the United States, I will stay in Huaxia and be sent by you." ”

Li Mu nodded: "Then it's hard for you, Luis, at ten o'clock I will hold a high-level meeting to announce the acquisition plan and the establishment of the business department, you will participate together at that time, and I will introduce you to meet you." ”

Louis Martin busily said, "That's great. ”

Li Mu said: "Luis, the acquisition of Apple is very important to me personally, although you are not from Makino Technology, I still hope that you can give more advice on this matter and try to help us facilitate this acquisition." ”

Louis Martin said with a firm face: "Mr. Li, don't worry, I will definitely do my best." ”

After that, Louis Martin said: "By the way, Mr. Li, our chairman asked me to tell you yesterday that Sequoia is willing to lend Makino Technology an interest-free loan of 3.6 billion US dollars to help Makino Technology complete the capital operation of acquiring Apple, and this money is not in a hurry to be repaid, you can wait for Makino Technology to repay after the successful IPO." ”

Li Mu smiled slightly and asked him, "What about the conditions?"

Louis Martin said with a smile: "Mr. Li, the conditions are actually very rich, and we don't force Makino Technology to refinance, we just hope to be able to re-enter 3% of Makino Technology's shares at a valuation of $80 billion." ”

Speaking of this, Louis Martin was afraid that Li Mu would refuse immediately, and hurriedly added: "Don't worry, if you are not willing to dilute your shares, we will not force it, but we hope to communicate privately with other shareholders of Makino Technology, if there are shareholders who want to cash out, we can trade with him privately, and it will not have any impact on your shares." ”

Li Mu said: "Take three points from the valuation of 80 billion yuan, and lend me 3.6 billion US dollars, a total of 6 billion, you have calculated it, right?"

Louis Martin smiled and didn't speak.

Li Mu said: "All the shareholders of Makino Technology, except for you Sequoia, everyone else has signed a concerted action agreement with me, and none of them are allowed to resell their shares without my permission." ”

Louis Martin: "We know this very well, so we hope you will allow it. ”

Li Mu said again: "If you buy three points directly from the shareholders, then the 2.4 billion will not reach the pocket of Makino Technology, and I will take your 3.6 billion loan or find other funds, besides, Makino Technology is now developing so well, do you think there will be shareholders willing to cash out at this time?"

"This ......," Louis Martin sneered, and asked, "Can you consider diluting 3% of the existing shares of all shareholders to the extent that this percentage is actually very small......

Li Mu looked at Louis Martin and didn't speak, and after a while, he suddenly asked him: "Luis, you are a professional manager, right?"

Louis Martin nodded and asked in surprise, "What's the matter, Mr. Li?"

Li Mu said: "The money you earn from Sequoia in a year may not be 10 million US dollars, right?"

Louis Martin shrugged his shoulders and said, "It's about the same before taxes, but it's a lot worse after taxes." ”

The vast majority of professional managers are not the actual shareholders of the company, most of them get a very high salary, and then get a small number of options from the board of directors, options are like a chain of dogs, keep it, take it off, Tim Cook has worked hard for Apple for so many years, created such high profits, and the final value is only hundreds of millions of dollars, he has been fighting for so many years, not to mention a Louis Martin.

Li Mu said: "That's Louis, you will wholeheartedly help me collect the apples during this time, and give full play to your ingenuity, as well as your interest in apples, Understanding of the U.S. capital market, if my acquisition is successful, after Makino Technology goes public, I will help you implement an after-tax income of $5 million outside the United States, and you can rest assured, I will definitely handle this money very cleanly, if you can play a very important role in this acquisition, I will add an additional five million to you, as for persuading me to dilute part of the shares from Sequoia to exchange money, you don't have to say it in the future, if Sequoia asks, you just tell them, no matter how hard you try, I will not accept it。 ”

Louis Martin's expression changed slightly, and after a while, he hurriedly said: "Mr. Li, you don't need to be so polite, as Sequoia's investment object and partner, I have an absolute obligation to help Makino Technology, so don't worry, I will definitely do my best to help." ”

Li Mu smiled indifferently and said: "You don't have to worry about my integrity, let alone the spirit of my contract, what I told you just now, only you know what I know, so if you don't really want to refuse 100%, then you don't need to say anything, after the matter is completed, everything I said will naturally be fulfilled as promised." ”

Louis Martin hesitated for a moment, then nodded lightly, and said to Li Mu: "Don't worry, Mr. Li, I will do my best." ”

For Louis Martin, he has already understood that Li Mu cannot let Sequoia take more shares of Makino Technology at this time, and no matter what his attitude is towards Sequoia, in order to maintain a cooperative relationship with him, he must stay and help Li Mu complete the acquisition. status and style of acting, I don't have to worry about such a risk at all.

Why not do a good thing to make a steady profit?

……

At ten o'clock, in the conference room of Makino Technology, the core floor was already all there.

Sect Master Lei and Senior Brother Liu also came to the meeting, although they didn't know what Li Mu was going to do, but every time Li Mu called the core layers of the two companies together for a meeting, there must be a major event to announce.

Louis Martin also followed Li Mu to the conference room, in the conference room, Li Mu introduced Louis Martin to everyone, when they heard that he was the VP of Sequoia headquarters, everyone was surprised, the representative of capital will appear here, could it be that Li Mu is going to do a new capital operation?

After introducing Louis Martin, Li Mu's first sentence to everyone was straight to the point:

"Comrades, today I solemnly announce to you a decision: Makino Technology plans to start the acquisition of Apple Inc. in the United States, and will complete the privatization and delisting of Apple on the NASDAQ after the acquisition, and eventually turn Apple into a wholly-owned subsidiary of Makino Technology!"

Everyone was stunned.

Li Mu observed everyone's expressions, two people were extremely excited, and the others were basically dazed and puzzled.

The ones who were excited were Fang Xudong and Lei Jun.

Li Mu asked Fang Xudong: "Xudong, tell everyone why you are so excited?"

Fang Xudong said excitedly: "Apple's technical reserves are very strong, and now that the stock price has collapsed and the market value has plummeted, if the company can eat Apple, I believe this is definitely a very good deal." ”

Li Mu asked Lei Jun: "Mr. Lei, what do you think?"

Sect Leader Lei smiled: "Apple's strength in the operating system, software and hardware is still very strong, although our Mango-ME2 is much stronger than the iPod3, but this is the result of our sudden attack, if Apple's financial resources are strong enough, directly develop products of the higher half generation or even the higher generation to suppress Mango-ME2, it will be difficult for us to catch up again." ”

Fang Xudong seemed to have found a soulmate, nodded again and again: "What Mr. Lei said is too right! Our Mango-ME2 is like an aircraft that wins by performance enhancement and cost reduction in the propeller era, and Apple was caught off guard, but as long as Apple can stand, with their technical reserves, they can directly start the jet aircraft project, and then overtake us, in that case, the generation gap will be formed, and it will be too difficult for us to catch up with this generation difference." ”

Ding Jian, the commercial director, asked: "Mr. Fang, I don't know much about technology, and there is something I don't understand. ”

Fang Xudong hurriedly said: "Mr. Ding, please speak." ”

"What I don't understand is that if the iPod and Mango-ME2 are both aircraft in the propeller era, and we have caught up with Apple, why can Apple launch the jet program, but we can't?"

Fang Xudong said: "Let's put it this way, whether it's an iPod or a Mango-ME2, it's nothing more than a few things: memory modules, digital signal processing chips, microprocessors, signal controllers and LCD screens, there is no technical content, just like an airplane in the propeller era, basically an engine, propeller, landing gear and hydraulic control system, the technical content is not high, Apple can make it, we can also build it;

However, if you want to develop jet aircraft, it requires the entire industrial system to rise by at least one generation, first of all, the technical research and development strength must be strong enough, so as to develop a series of components required by the jet aircraft; secondly, the basic materials must be strong enough, and the jet engine can withstand high temperatures, high speeds, and high power output, so that the fuselage can carry the higher flight speed of the aircraft; thirdly, the requirements of the manufacturing process will also increase geometrically, we do not have these strengths, but Apple has. ”

Speaking of this, Fang Xudong sighed: "Mr. Lei has seen it too thoroughly, fortunately, Apple's financial resources are not strong enough, a bit like Germany at the end of World War II, otherwise let him continue to develop, it won't be long before they can turn defeat into victory, and the gap between us and him in hardware will only get bigger and bigger." ”

Li Mu looked at Lei Jun and knew that he was a technical maniac, but he didn't expect him to have such a vision in this era, as well as Fang Xudong, both of whom are technical talents, and they naturally look at this kind of problem much more deeply than ordinary people, but Fang Xudong is 100% fully biased towards technology, and Lei Jun is 100% in the early stage Technology, in the later stage, gradually transitioned to products and marketing, so Fang Xudong can do a good job as the chief technology officer of Makino Technology in the future, which is the greatest value, and Lei Jun can be as independent as Liu Qidong, and he can carry a 100 billion dollar industrial chain by himself.

With Lei Jun, Liu Qidong, Mark Zuckerberg, and Elon Musk, the four super bulls, the future market value of Makino Technology and other products is just around the corner.

In addition to the excitement, Li Mu asked Lei Jun tentatively: "Mr. Lei, in your opinion, if Apple has enough financial resources to support it, what kind of direction will they probably take if they want to develop products that are half a generation or a generation ahead of us in the player?"

Lei Jun said: "In my personal opinion, if it is a high half generation, then at least to achieve color screen display, and upgrade the overall firmware, add a LAN module based on the IEEE802.11 standard; ”

After a pause, Lei Jun continued: "Once this kind of high-generation thing is taken out, Apple will immediately open up the generation gap with us, as Xudong said, we can do it in the pile of hard disks, stacks of decoding chips, stacks of microprocessors, stacks of Sennheiser headphones and price wars, but if Apple directly makes the iPod intelligent, we can only look at it." ”

Li Mu's eyes lit up when he heard this.

PDA, a mobile intelligent device in the primary stage, has actually begun to be popular at the level of Western business elites as early as the nineties of the last century, but in China now, this kind of equipment that is more expensive than computers at every turn, the penetration rate is still very low, in fact, this thing has been disappearing until the end, and has not set off any real waves, which can be described as the high-end of life and the silence of death.

Later, the resurgence of PDA was already the post-Android era, when smart phones were everywhere, and smart PDA became an indispensable mobile order processing tool for SF Express and JD couriers, and SF's PDA even added a thermal paper printing function, allowing couriers to directly use it to print express orders.

From the death of PDA, to the resurgence of PDA in the commercial field, PDA missed the golden period of vigorous development of the entire smart phone, which is very close to the existence of smart phones in product awareness and form, regret that the manufacturer positioned it too high, did not think about pushing it to ordinary users, and no one around the operating system of PDA, to develop software that ordinary people may use, otherwise, PDA can directly lead the era of smart phones.

Listening to Lei Jun talk about LAN, talk about PDA, talk about mobile operating system, Li Mu admired it in his heart, it turned out that people who are proficient in technology and have a clear vision in this era, in fact, they already have a fairly accurate vision in their minds, Lei Jun can see the next generation of iPod, which is a mobile product with a color screen, LAN function, and an independent operating system, which means that he has seen iTouch directly from the iPod, and iTouch and iPhone are only separated by a layer of window paper!

Thinking of this, Li Mu suddenly felt a little frightened, Lei Jun can see the development direction of the next generation of iPod, and Apple can also think about it.

In the previous life, Apple's upgrade routine on the iPod was to constantly squeeze toothpaste, and I didn't think about making the iPod intelligent, until 2007, when the IOS system and the first generation of iPhone were launched, and then the iOS was used on the iPod and an iTouch;

However, now Apple has been violently destroyed by itself for a while, and it is not good to grit its teeth at the critical moment and decide in advance to make a product like iTouch, which is really a day dog, and it is difficult for me to make such a thing as iTouch now......

Thinking that Apple may still have a lot of cash on hand, and there may be a large amount of dealers and foundries in the iPod business, Li Mu is even more worried that Apple will carry it to the end......

It seems that the actual pace of the acquisition of Apple must be faster than I expected, so as not to have too many dreams at night......