485 The Best Lie Is Random
After conspiring with Gu Biao, Peterson turned around and began to secretly acquire the outstanding shares of Texas Instruments.
As for the required funds, Gu Biao has also been gradually allocated in place.
Last year's Vancouver real estate case trading funds have now been fully withdrawn, and Gu Biao's principal plus profits already have more than one billion dollars of available funds.
This is not counting the continuous stream of cash flow of Gu Ao's game consoles and other industries - although so far, because it is still in the expansion period and the cost is relatively large, Gu Ao's annual net profit of consumer electronics products has never exceeded 100 million US dollars, but the sales are getting higher and higher, and it is not easy to do business.
And in order to make the operation of the Blackstone Fund look more normal, do not dig up any conspiracy theories by historians and archaeologists in the future.
Gu Biao also paid great attention to giving an additional part of the funds, about 100 million US dollars, so that Blackstone Fund could invest in some project portfolios according to his own wishes.
Gu Biao doesn't think this is a big deal, and he doesn't think that these cover investments will lose money.
Because of the historical Blackstone Fund, the investment performance was not bad. Peterson can be a US business chief, and he has also made a lot of achievements in Lehman Brothers, and he still has investment vision and ability.
The biggest feature of Blackstone's investment projects in history is that after holding large shares, it helps the investee to optimize management, intervene in operation to a certain extent, and transform the company that was not very high-performing into a better performance. Therefore, although Blackstone Fund does not have any projects to get rich, it has been able to achieve stable income for more than 30 years, and the industry reputation is also good, and it has not fallen into the reputation of "barbarians at the door".
Odd and positive coincide, virtual and real corresponding, random to the point that there is no law to follow, is the necessary means to maintain long-term reputation.
It must take months to acquire several percent of a large company with a total market capitalization of nearly $2 billion until the shareholding ratio is to become a major shareholder. Some people who have a relatively low tolerance for premiums and are unwilling to spend money at high prices will spend half a year.
Therefore, Gu Biao asked Peterson to start in mid-April, how can he get the summer vacation, so that he can attract enough funds to be qualified to raise cards (spend about 500 million US dollars to absorb 20%~30% of the equity of Texas Instruments).
And Gu Biao and Senior Bill also planned and discussed, and Senior Bill was almost at that point to get the endorsement of the relevant legislation passed by Tennessee and was elected to the Southern Economic Development Policy Committee.
The time on both sides is about the same, and no one will hold anyone back.
In addition, when it comes to really raising cards, of course, it will be the Blackstone Fund that will raise cards, and Gu Biao will not raise cards. The reason why Gu Biao wanted to find a U.S.-funded private equity fund as a white glove for equity investment was to prevent the American people from resisting and even intervening in U.S. regulators.
Because in the U.S. stock market, if you are a Chinese and quietly become a major shareholder of a high-tech company, it will definitely cause an uproar, and the relevant information cannot be kept secret.
However, it doesn't matter if U.S.-funded private equity funds are in the lead. As for the source of the private equity fund's money, it has nothing to do with high-tech companies and stock market regulation.
In the face of the rigor of supervision of the US stock market in the 80s, this is enough. If it weren't for the fact that the Americans were still relatively lax, they would not have made a fuss about Milken, the king of junk debts, in the past few years.
Of course, there is also a word of conscience for the US stock market. The so-called "stock market is the root of all evil" and "the stock market is the mortal enemy of scientific and technological progress" are all aimed at the situation of the US stock market in the late 80s, because during that time, hostile takeovers, junk debts, and barbarians at the door were indeed too rampant.
After the 90s, Milken was fined $1.1 billion and sentenced to 10 years in prison, the venture capital environment for technology companies in the United States has been much better, there are fewer shameless people, and the people's hatred of the stock market is not so serious. Including some countries that did not have a stock market before, they also opened up the existence of the stock market, which was also opened after seeing that the Americans did have effective supervision and could control the situation.
It can only be said that the almost obscurantist and barbaric technology stocks of the 80s are not the same thing as the later technology stocks.
In addition, in addition to the issue of raising cards, Peterson finally reached an additional gentleman's agreement with Gu Wei.
Peterson was already dimly aware of how Gu Biao might "optimize" Texas Instruments, but he just didn't want to play the role of the initiator of this "optimization" of Texas Instruments' business improvement proposals in the future.
Peterson wants to play a "follow-the-board" role.
After thinking about this a little, Gu Biao also agreed, and said that Peterson did not have to worry, and when the time came, he could hand over the role of a traitor to Xia Bai, the current CEO of Texas Instruments.
In the future, if Zhang Zhongmou is awesome, the Huaxia semiconductor industry is rising, and the Americans regret it, let Xia Bai, the direct operator, play "Qin Hui", and Peterson, the major shareholder, only needs to play the role of "Song Gaozong" who was deceived by Qin Hui.
Gu Biao believes that the historical Zhang Zhongmou will leave in anger, which shows that Xia Bai does not lack stupid vision, he just lacks sufficient authorization from the shareholders' meeting.
Gu and Peterson don't need to come up with that stupid trick themselves, they just need to use equity to make those visionaries ineligible to speak, or to keep the voting weight of speaking down to a minimal, and to put the stupid voice big enough.
And that stupid voice itself was not made by Peterson, he was just a loudspeaker.
Leave the matter of the mentally handicapped to take care of the sweat, or leave it to Xia Bai to take it.
Peterson was very satisfied with this treatment, and no longer had any doubts, and happily went to carry out Gu Ao's task.
As for how to scare away retail investors and get equity at a low price when absorbing stocks, this is Peterson's old business, and there is no need to worry about technical details.
……
After explaining Peterson's hands, it was already more than half of April.
It has been a week since the end of the Oscars, and Gu Biao is now burdened with an errand for a central enterprise under the Ministry of Electronics Industry, and there is no reason to stay in the United States longer, so it is almost time to return to China.
The good news on the American side will be three months later, when Peterson and Bill are both in place, and it will be harvest season.
In addition, Gu Biao's apparent reason for coming to the United States this time is still to "deepen cooperation" with Motorola.
Therefore, in the more than a week of conspiring with Peterson and Bill, Gu Biao also found time to reach a new negotiation with Motorola.
This negotiation is purely used to cover up people's eyes, and the content is nothing more than the traditional "market for technology". Of course, the "market for technology" operated by Gu Biao is definitely much better than the field of "the market has been lost, and the core technology has not been changed at all" that has been criticized by the brick family and the beast public in later generations, especially better than the automobile joint venture of the same era.
Even so, Gu Biao was very careful to introduce the relevant officials of the Ministry of Electronics Industry to participate in the negotiations together, and the people above finally made the decision, so as not to have public knowledge in the country in the future who wanted to fight for his position and stare at Gu Biao in order to become famous.
The specific content of this "market for technology" is China's commitment that if China intends to introduce the current generation of cellular mobile communication technology and lay out mobile phone networks in China in the future, then China will exclusively use Motorola's products and let Motorola monopolize the market.
In return, Motorola will move all mobile phones and cell base stations sold in the Chinese market to China for production, and temporarily authorize the Chinese side to use the relevant technology.
At this point in time in 1984, China's commitment actually did not lose anything, because for the time being, there is only one company in the whole of mankind, Motorola, which can build 1G mobile phones and base stations, and there are no competitors in the first place.
After China's additional commitment, it is nothing more than that in the next three to five years, if other peers follow up and come to compete with Motorola for business, China can still ensure that Motorola will dominate the market options in the future.
Motorola used the conditions of a joint venture with the Chinese side to build a factory, let the Chinese side observe and learn technology, participate in after-sales maintenance and other conditions, in exchange for a beautiful option.
And the reason why Gu Biao is keen to promote it lies in the difference between his cognitive vision and Motorola - when 1G mobile phones first appeared, there was no concept of 1G, and Motorola had an illusion, that is, their system could be used for ten or twenty years.
But Gu Biao knows that in the early 90s, 2G technology came up, and the mobile phone industry is no longer something that Motorola can monopolize.
With such an empty market in the 80s, when China couldn't sell many mobile phones, it was completely cost-effective to exchange with Motorola for the initial accumulation of China's wireless communication electronic technology.
Gu Biao and the relevant negotiation decision-makers may be abused by the well-known brick family who do not know the truth for six or seven years, and when 2G comes up, history will naturally prove that Gu Biao is right.
What's more, Gu Biao is ready to leave the system, even if within a year and a half, someone will question this decision in the future, and use this as an excuse to remove Gu Biao from his post and expel him, it will only be a lot of debts and lice.
In the future, after history proves that he is right, those well-known brick families will naturally turn around and say, "We owe Gu Biao an apology back then."
After the supplementary negotiations with Motorola, Gu Biao immediately made an international call to his subordinate Ren Zhengyi and informed him of the situation.
"Motorola people will soon rush to the Special Economic Zone to make additional investment, technology authorization, and equipment procurement in the process of building our factory. You stare at the process, this is the initial start of our own wireless communication technology, let's not rush, take your time.
I'll tell you something, don't think that if the Motorola people hold this generation of technology, they will hold it forever. The epoch-making progress of wireless communication will be faster than we imagined.
I just have one sentence: the first generation can follow the production behind other people's butts, the second generation can follow up the research and development, the third generation strives to be on an equal footing, and the fourth generation is not too late to fully surpass it. This is a protracted war for at least a dozen or twenty years. ”
Ren Zhengyi said that he did not understand at all, but the experience of the army made him accustomed to unconditional execution of orders.
It wasn't until many years later that he realized how far-sighted his boss was.