Chapter 692 - Something More Important Than Money
Just one day later, the trapeze artist Gu Biao personally traveled from New York on the East Coast to San Francisco on the West Coast.
Bay Area, Silicon Valley.
Because the time was too rushed, I couldn't even make an appointment too long in advance, basically Gu Biao got on the plane, and Wang An Computer Company only received the notice, but after a turnaround, it arrived almost at the same time as Gu Biao himself.
After all, Wang An has terminal cancer, and he doesn't have much time to receive visitors every day, and he doesn't have much time to deal with the secretary's reports. If he was sleeping, no one would dare to disturb him.
Wang Lie has some superficial holidays with Gu Biao again, and it is impossible to pass him - the staff around him are also very discerning, knowing that the young master hates Gu Biao very much, and he will not be bored to report the appointment in this regard.
It's nothing wrong, it's just a job, after all. If you offend the boss and offend the young owner, you will never have good fruit to eat. Staff such as assistant and secretary all have such an awareness.
However, when a character like Gu Biao appears, it doesn't matter whether to make an appointment or not, no one dares to stop it.
"I don't want Wang An's brand to die, so let me in. Otherwise, when Mr. Wang wakes up, you will all be expelled. Gu Biao didn't even need to introduce himself, so he just shook his head.
If you change someone, the other party will have to confirm where you came from, but Gu Biao is the kind of existence that often shows his face on CNN and Fox.
Everyone around Wang An has seen Gu Biao on the show "Larry King Live".
Just like the face of Ma Feng in later generations, when he walked out, he didn't need to introduce himself.
……
"Boss, Gu Biao wants to see you. He made an appointment, but it was in a hurry, and you were already asleep at the time, so we didn't inform you. ”
As Wang An woke up from a nap, his assistant waited for him to finish drinking water and taking medicine, and immediately reported the news.
Gu Biao also gave the other party the last respect, at least he didn't let a seriously ill old man interrupt his sleep to talk to him.
He is like Liu Bei looking at the thatched house for the last time, waiting for the other party to sleep enough, even if he wastes two hours of precious time, he will not hesitate.
It's really Corporal Lixian.
"Gu Biao, what is he doing here?" Wang An was a little sluggish for a while because he had just woken up, and his brain was not very clear.
He didn't meet Gu Biao much, mainly in April and May last year, and he met a few times in China. At that time, it was a strategic seminar of the 863 Plan.
Later, both sides only heard about each other's recent situation and deeds, and also secretly played two games in the air, but they did not meet in person. However, Wang An's son Wang Lie, who had more opportunities to see Gu Biao, also complained in private. {At least Wang Lie himself thought he had a grudge}
After slowing down for a full five minutes, Wang An's thinking gradually became clearer, and he roughly reacted: "He probably has found Citibank, and he wants to take advantage of the fire to rob it." I'd like to see how much he wants to take. Change my clothes and arrange for him to go to the reception room!"
After some instructions, the assistant and the maid quickly followed the arrangement.
Then Gu Biao was in the reception room and saw Wang An in the twilight.
Although he was prepared in his heart, when he really saw Wang An's withering and weakness with his own eyes, Gu Biao was still sincerely surprised.
He comforted from the bottom of his heart: "Mr. Wang, seeing that your health is not as good as before, I really feel sorry for you, for so many years, you are the greatest pride of the Chinese in the global business community. ”
"If you want to meddle in my company's affairs and grab our shares, just say such good words? Do you think it's useful?" Wang An pulled the corners of his mouth proudly, unmoved.
He originally wanted to make a contemptuous expression with a proud grin, but his facial muscles were a little disobedient, so in the end, he just twitched the corners of his mouth like a nervous breakdown.
Gu Biao smiled calmly: "Do you think it is necessary for me to do this? What I want someone to get, either by strength, not to mention." Either it's up to me to bring a greater win-win situation to both sides. I don't bother to do things that take advantage of people's danger.
What's more, I'm not afraid to say that the so-called 'Chinese people's greatest pride in the global business community' was only until last year. In the past year and a half, the world's Chinese have achieved the highest achievements in the business world, and the contemptible people are too lazy to be hypocritical, stealing that it is just the same. ”
"What is my Wang An's computer achievements, I don't care about outsiders. Wang An's face was cold and calm, as if he was not shocked.
The expression is "Even if your business is bigger than mine, you are still the strongest in Lao Tzu's field of one acre and three points of land."
This is the attitude of only those who have experienced strong winds and waves and have been hammered with mentality.
Wang An has been in business for 36 years since he was first engaged in memory research and development, and he has been running a company completely independently for 30 years, and he has never seen anything. In his opinion, no matter what his achievements are, Gu Biao must be more frivolous than him.
Young people, if they are not vigorous, they are still called young people.
Gu Biao smiled, and with a force of his hands on the desk, he straightened his body and put away the slight cynicism just now. Looking around the reception room, I noticed the oak humidors on the display shelves and the modest Chivas Regal.
He paced over in two steps, played with the humidor, and then didn't move, just put it down again, and opened the bottle of Chivas Regal himself.
"I heard that you have bad lungs, so you don't bully the elderly. I haven't been drinking for three months, and I haven't smoked for almost a year. I haven't cared much about the outside world lately, and I've always liked to do things at my own pace. Gu Biao muttered to himself.
Wang An looked at him indifferently, feeling that this performance of expressing the mentality of lowering prices was very clumsy.
Gu Biao took the end of the glass:
"I know what you're thinking, and I'm too lazy to engage in psychological warfare, so let's talk to you. Before I came here, I spoke with Mr. Ronald and Gibson at Citibank. I paid $500 million and was willing to buy the pledge in Citi's hands, but they dared to offer $1.2 billion, otherwise they would rather lie on Citi's bad debts.
In good conscience, I think that the shares that are still in your hands and in the hands of other major shareholders of Wang An Computer are indeed more than '500 million US dollars accounting for 45%', but everyone is Chinese...... Well, Han, there's no need to let Citi's American banks take advantage of too much, do you?
Now, no one but me can save Wang An Computer in the long run, and no one else has the capital chain and strategic planning strength to make your company transition to the next generation of PCs.
You should know very well in your heart that in 75 and 82, the two generations of computers you launched, even if they only have personal office functions, as long as they are cheap enough, there is still a big market.
However, it will be 88 years soon, and even according to your company's current setback, you will not be able to come up with the next generation of new products in 88 years without external intervention. With the current advances in hardware technology, computers that only focus on office functions have no future.
What will happen to Edward Miller? Do you want to see your life's work end up in ruins, just cutting down the company's technical department, frantically lowering costs, and making beautiful statements to deceive shareholders to take over the market?"
Wang An coldly poked: "Then you can take advantage of the fact that I don't want to see my life's career go up in smoke and frantically lower prices? No matter how you say it, it's not an excuse for you to take advantage of the stock market crash to rob the company."
If this is all right, will the investment banks only need to stare at the stock market in the future and seize control of a high-performing company because they are temporarily panicking about low prices? I don't have the energy to tell you so much, although I don't look down on Citibank's face, but when it comes to bargaining, they are of the same mind as me. The equity they sold is worth a lot of money, and the remaining equity I have is worth more, so why should I help the people who took advantage of the fire to tear down the stage?"
In the hands of the Wang family's father and son, it does not mean that after the pledge is executed, there will be no shares left at all. Because at any time, Wang An will have a good eye, and what he pledged at the beginning was only 45% of the company's equity, in order to prevent the pledgee from directly controlling the company in case of liquidation.
In Wang An's hands, at its peak, he had 60%~70% of the company's equity - two years ago, this proportion was only more than 50%, but later he repurchased the equity of co-founder Kaninghan by pledging Róng Zī, and it broke through to more than 60.
Later, when the stock price crashed, Citibank also approached Wang An to "add collateral" once, but Wang An refused in accordance with the law.
When facing the risk of liquidation, refusing to add collateral means that the pledgee is allowed to directly sell the collateral for cash.
This shows that Wang An realized that this was a full-scale stock market crash at that time, and no one took over, so Citibank could not sell it. In this case, there is no reason for him to take more than 20 percent of the unpledged at hand. Of course, it is also possible that Wang An thinks that it is better to break the jade than to be complete, and it is better to fight at the moment of life and death, and if he can't maintain control of the company, the money doesn't matter.
So from this point of view, Citibank's price increase behavior is now helping Wang An raise prices together.
As an aside, it has to be said that Cunningham is a man of dog luck.
In 87, the stock market crash broke out, and in May 86, because they were not satisfied with Wang An's handover to Wang Lie, they sold more than ten percent of the company's shares and withdrew.
Judging from the results, Kaningham really succeeded in cashing out at a high level, and the company's total market value at that time was four or five billion US dollars, and Wang An gave a certain degree of privatization premium in order to drive him away, so Kaninghan left the market with six or seven billion US dollars in cash.
If Kaningham still wanted to come back today, he would have been able to get back 45% of the pledge from Citi with the money he got from selling more than 10 percent of the shares.
In the face of Wang An's non-cooperation, Gu Biao could only switch angles.
"I think I'd better repeat what Citi CFO Mr. Ronald said to you - he doesn't mind Edward Miller dying at the hands of the company, he just wants to die at the hands of retail investors, not at his hands.
In contrast, I have always respected the brand of Wang An. I don't think I need to go through that much if what I need is your skills. With your current deteriorating situation, all the technical backbones will leave you, and the reserve technology will be leaked.
I could even watch Edward Miller take office and then collude with him in a hurry to cash out and package up a lot of technology, anyway, he only needs to make a good profit for the time being, and he doesn't understand technology at all. As for the shareholders, they will only look at how many invention patents and utility models the company currently holds, and only count the number of intellectual property rights, but they don't understand the quality at all.
But even so, I still came to buy Wang An Computer Company in good faith - because I think your greatest wealth here is not your technical reserves and talent team, but the reputation and consumer buying habits that you have spent more than ten years accumulating in the American personal computer market.
It would be too much work for me to build a brand from scratch. If the eight million business elites in the United States and Europe were to plant an idea in their minds to buy our brand computers, a billion dollars would not be able to do it.
Mr. Wang, whether it is more than 20 percent of the equity, or 60 or 70 percent of the equity, you and your children and grandchildren, how many generations will not be able to spend it, is this important? For you, the most important thing is that the brand named after you can be passed on, which is much more important than money. “14