Chapter 736: Investing in Cisco
Li Yadong smiled slightly, but did not speak, because he knew that someone would definitely "fight for him".
Sure enough, Ms. Mira, who has always been quick to talk, was the first to speak.
She looked at Mogridch on the stage, frowned and asked, "Mr. Mogrid, can I take the liberty of asking, what was Cisco's closing price yesterday?"
"$7.92 per share. ”
"That's good. Ms. Mira shrugged and said, "Presumably, Cisco's stock price will not suddenly skyrocket several times today, right? According to the stock price of $7.92 per share, Cisco's market value is more than one billion US dollars, maybe my math is not very good, according to such a market capitalization, 15.3% of the shares, I really can't convert it into 500 million US dollars." ”
"yes. Dr. Bugaril frowned as well, and then said, "It's almost as good as cutting half of it, and this kind of financing plan is really not sincere." ”
He guessed that Moggerich was a little unhappy, because in addition to the fact that he and the Bossaks were also from Stanford University, they were old acquaintances, and they usually respected him and called him "teacher".
This is from a personal point of view.
On a collective level, he also has reason to be dissatisfied with the current Cisco management.
Because when the Bosses were still at Cisco, they were always grateful to Stanford University, and it can be said that without the support of Stanford University, they would not have been able to invent the multiprotocol router, so after the establishment of Cisco and the commercialization of the multiprotocol router, the Bossaks not only paid royalties to Stanford University, but even gave a certain amount of Cisco shares to Stanford University.
And now, the Bossaks have been swept away by Mogridridge and Cisco management, and such a good thing will not happen again.
So yes, both public and private, he doesn't have a good impression of a white-eyed wolf like Moggerich.
"I have a different opinion. At this time, Mr. Jasco, who cherished the words like gold, said: "The value of some things cannot be calculated in this way, you must understand that this is 15.3% of the original shares. ”
“……”
Everyone thought that he would have to explain what this meant, but unfortunately he didn't, and he left this sentence without a beginning or an end, and then it was gone.
Those who can't understand naturally don't understand, and those who can understand naturally understand.
Li Yadong bowed slightly, and Mr. Jasco can be described as a breakthrough.
The words "15.3% of the original shares" are the reason why Mogridge dared to open his mouth.
The focus is not on "raw shares", but on "15.3%".
With such a share ratio, Li Yadong knows with his ass that once he gets it, he will be able to directly enter the board of directors of Cisco, and he must be the major shareholder of the top few shares.
This also means that in the future, there will be some rights to influence the development of Cisco.
Cisco's share price is transparent, but it is almost impossible for anyone to acquire a 15.3% stake in Cisco through the free market.
Once this is done, in the capital market, a certain market maker suddenly buys Cisco shares in a big way, and Cisco may take "anti-takeover measures" not to mention it, which will inevitably cause Cisco stocks to rise sharply, and even make some retail investors wait for the price to sell.
Even Cisco itself, given the prospects of their business, will have a hard time buying back 15.3% of their shares from the free market.
That's why Mowgli specifically mentioned the "original shares", which was to tell the investor representatives that these shares were squeezed out of the teeth by their board of directors, and there would be no store after this village, and once these shares were taken away by other investment institutions, they would not be able to squeeze them out in the future.
"Boss, although Cisco does hold some top-level technology copyrights in its hands, but those technologies are suitable for the present, whether they are suitable for the future, it is still difficult to say, after all, the amount of money involved is huge, I think it is necessary to be appropriately cautious. Uncle Luo avoided the microphone and whispered his opinion.
His worries are not unreasonable, after all, Cisco has indeed gone downhill in the past year, and the two founders, who can also be said to be the core of Cisco's technology, have also left the company now, who can guarantee that the technology that Cisco has now will not be replaced by other companies in the future?
And a company like Cisco, which has always led the industry with technology, once it loses its technological leadership, it is a catastrophe.
This is also the biggest difference between technology companies and traditional industries, there is no such thing as a chicken head and a phoenix tail, only life and death.
"Boss, although what Mr. Luo said is not unreasonable, I think I can give it a try. There are two reasons for this: first, Cisco is now an industry leader after all, and they have an absolute monopoly position in the proprietary field, and I believe the boss must know the benefits of investing in a monopolistic enterprise; second, Cisco's management is not stupid, if they are not absolutely sure, they will not be able to fire the Bossaks, I think the little things in the couple's mind, I am afraid that they have already been cleaned. Michael also whispered his own advice.
Different from Uncle Luo's worries, his words are more of a gambling nature, and his attitude is very clear, you can gamble.
But then again, venture capital has a certain gambling nature.
To Li Yadong's delight, Michael is indeed not a mediocre talent, at least this time, he made the right bet.
"Weiwei, what do you think?" asked Li Yadong with a smile.
"You already have an idea in your heart, so why bother asking me?" Miss Su pouted.
Li Yadong smiled even brighter, and his gaze turned to Dorn again.
"I think there's only one thing to consider. "Now in the high-tech circles, there is talk about the world is about to suffer a technological explosion, people are trying to interconnect computers together to form a huge network, I really can't see how big this thing can be, if it is big enough, Cisco as the infrastructure supplier in this interconnection project, then it will make a lot of money in the future." Of course, on the other hand, if this scale is not large, it is difficult to say things. So dear Li, this kind of foresight of the future, you should watch and do it yourself. ”
What the hell is Dorne?
Li Yadong looked at her in surprise, feeling a little unrecognizable.
Why did you suddenly become so smart?
There is a feeling that a stone has been played with by himself for many years, and one day, he suddenly found that it was actually wrapped in jadeite.
This girl, if you cultivate it carefully, it can be of great use! Li Yadong thought to himself.
She may not have as solid a foundation of knowledge as Miss Su, but she has a very comprehensive vision of things.
"Mr. Morgridge, how about listening to my opinion?" Li Yadong looked at the stage with a smile.
"Mr. Li, please speak. ”
"15.3% stake, $450 million. Li Yadong waved his big knife and directly cut off 50 million US dollars.
No one knows how far Cisco will go in the future, except for him. And their financing plan is indeed too much beyond the stock price, and it is reasonable for him to cut a knife.
"This ......," Mogridge looked a little embarrassed.
"I can give you time to talk to management. ”
Li Yadong is not worried that Cisco's management will not comply, if they really need such a large amount of money, I believe it will be difficult for them to find other venture capital companies to buy it in a short period of time.
"Alright, please give me twenty minutes. Mogridge nodded and hurried to the backcourt.
Naturally, he can't do this kind of thing alone, and he has to consult with the other members of the board.
After Mogridge left, there was finally a "click" at the scene.
Twenty minutes is too long, there is really no need to continue recording, when the program is broadcast, just type a line of subtitles "Twenty minutes later".
Thomas smiled and came to the front from the backcourt, "Mr. Li, judging from the camera, the program is very good, and I believe that after it is broadcast, it will definitely cause a ratings boom." ”
"Hmm. Li Yadong also smiled, suddenly thought of something, and said: "Oh yes, it's been hard work Mr. Thomas recently, after the program is recorded, let's have a meal together, call your director and the two previous directors, as well as the three guests and host." ”
It's getting dark now, and it's impossible to get back to Boston at night, unless he dies, so you might as well do a team building and treat everyone.
"Good!" Thomas nodded excitedly, it was definitely something to look forward to and happy to have dinner with a Monopoly man of this level.
Less than twenty minutes later, Morgeridge was back on stage and the show was recorded.
As Li Yadong thought, Cisco management categorically could not refuse this huge amount, but it still made Morgeridge bitterly withdraw 10 million US dollars.
Thinking about Cisco's market value of hundreds of billions of dollars in the future, Li Yadong reluctantly agreed after "careful consideration".
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