Chapter 608: Depressed Microsoft President
Lin Feng was very surprised, he didn't expect to suddenly receive a call from Steve Ballmer, the president of "Microsoft", and Steve Ballmer was extremely cautious about Lin Feng's interview.
Later, the two met at a café in San Francisco. After a brief greeting, the two went straight to the point.
"Mr. Ballmer, I don't know what you asked me for?" Lin Feng asked directly.
"Mr. Lin, our company is very interested in the 'Avenue-A' company you hold, and has acquired 20% of the shares circulating in the market, I don't know if Mr. Lin is willing to transfer 51% of the equity in your hands, this is our acquisition plan, I believe the price will make Mr. Lin very satisfied." Ballmer smiled and handed Lin Feng a contract.
Lin Feng was slightly surprised, but he didn't expect Microsoft to want to acquire the 'Avenue-A' company in his hands. Avenue-A, an online company that Lin Feng invested in at the advice of Abby Cohen last year, bought a 51% stake in Avenue-A for $180 million. Following the acquisition, Avenue-A has been renamed "aQuantive" and its primary business is to plan and implement Internet-based advertising services for a wide range of companies in the United States.
Lin Feng can also understand that Microsoft wants to acquire its own "aQuantive" company. Now that the influence of "Google" is becoming more and more significant, and the services it provides are relied on by almost all Internet users, "Google" is bound to impact Microsoft's position in the future Internet era. Microsoft is now planning ahead, and it makes sense that it wants to acquire its own "aQuantive".
Lin Feng took the contract with a smile, opened the contract, and was slightly shocked when he saw the terms of the acquisition. Microsoft is so big
At the current price of "aQuantive" is $19 per share, Microsoft's offer price is more than double, and it is willing to buy all 51% of Lin Feng's shares at a price of $39 per share.
"aQuantive" has a total share capital of 100 million shares, Lin Feng owns 51% of the shares, or 51 million shares, and Microsoft acquired it at a price of $39 per share, which is $1.989 billion. In one year, Lin Feng's original investment of 180 million US dollars has increased tenfold.
"Mr. Ballmer, Microsoft is a big deal. Lin Feng read it carefully, inspected all the terms, and said with a smile.
Steve Ballmer smiled faintly. The reason why Microsoft is willing to buy "aQuantive" at twice the price is also helpless. After entering the web age, Microsoft made at least two mistakes. First, missed the MP3 market, so that Lin Feng's "phantom" and "apple" "ipod" made a lot of money, although Microsoft and Lin Feng then cooperated to promote the WMA format, but the WMA format does have a certain gap with MP3 in terms of sound quality, and so far it is only an embarrassing situation that is half red but not red.
But missing the MP3 market, Microsoft is acceptable. What Microsoft really can't accept is underestimating the potential of the search engine market and underestimating the impact of the Internet. Directly sit back and watch the rise of "Google", and according to the current development of the global Internet, as well as the ambition of "Google", the future is enough to shake Microsoft's position in the IT world. This is not allowed by Microsoft, and Microsoft must start clamping down on "Google" as soon as possible to ensure its absolute position.
What's more, the profits of search engine advertising on the Internet are enough to make any company blush. As for the "aQuantive" company, the business and customer resources in this area are valued by Microsoft. As for the acquisition at $39 per share, this is what Microsoft has repeatedly weighed.
First, Lin Feng has an absolute controlling stake, no matter how Microsoft acquires, how various rumors are announced, and how the stock price of "aQuantive" fluctuates, Lin Feng can stand still and wait and see what happens. Therefore, Microsoft wants to buy a fully controlled company, and the price to pay is huge.
Second, it's because of "Google". The strong rise of "Google" has brought about the "Google effect", but all companies related to "Google" are favored by the industry. For example, this is the case of Lin Feng Holdings' "aQuantive" company, which has risen from 3 yuan to 19 yuan in a year from the shadow of the Internet bubble, and will continue to rise in the future. As a result, Microsoft also had to come up with a purchase price of 39 yuan. …,
Third, Lin Feng is too rich. Lin Feng's personal assets are second only to Bill Gates and Warren Buffett, and if the purchase price is too low, it will not impress Lin Feng at all. For Lin Feng, this "aQuantive" is pinched in his hand, and it is also haode to make money slowly, anyway, Lin Feng is not short of money.
Therefore, Microsoft's acquisition department carefully analyzed and set a purchase price of $39. This is enough to represent Microsoft's sincerity, and it should also be able to impress Lin Feng. Therefore, Steve Ballmer drank his coffee with great confidence, waiting for Lin Feng to nod in agreement.
Unexpectedly, what made Steve Ballmer depressed was that after reading the contract, Lin Feng actually followed his example, sitting firmly on the Diaoyutai platform, silently sipping coffee, and being silent. This left Steve Ballmer depressed.
Originally, he thought that Lin Feng would be a little excited, and then very happily agreed to transfer the shares of "aQuantive", and then he despised Lin Feng, the third richest man in Shijie who had suddenly risen recently. After all, making nearly $2 billion in an instant, Steve Ballmer believes anyone will be happy. Who would have expected that Lin Feng would be so calm, as if this was not a contract worth $2 billion, but a contract worth $20.
Wait a little longer - although Steve Ballmer's heart is very itchy and wants to know what Lin Feng thinks, after all, this "aQuantive" is related to a more important "weapon" for Microsoft to fight against "Google" in the future, so he can't show too impatience, lest Lin Feng take this opportunity to sit on the ground and raise prices.
Indifferent, must be indifferent. - Steve Ballmer kept admonishing himself that he must not be impatient.
Whoever is more calm will be more able to take the lead.
Unexpectedly, after drinking three cups of coffee, the time has gone from 2 o'clock in the afternoon to almost 4 o'clock, and the two of them are already here with a sip of you and a sip, silently sipping coffee, like a very leisurely retiree, sitting here enjoying the sunshine of San Francisco, savoring life.
Steve Ballmer looked at his watch and cried in his heart. These 2 hours were in vain, he sat for 2 hours in vain, but he was a big man with hundreds of thousands of dollars per minute, and he actually sat here and drank coffee for two hours in vain.
Are you so leisurely, with so much time to waste?--Steve Ballmer glanced at Lin Feng with speechless hatred. He didn't understand, he sat here for two hours and hesitated, this condition was good enough. Also, Lin Feng is also the third richest person in Shijie, is it so time
In terms of time, this is something that a top wage earner like Steve Ballmer doesn't understand. As the president of Microsoft, he is naturally riddled with everything, and wasting these 2 hours is a bit like a crime. But if Bill Gates, the founder of the Microsoft empire, sits here, let alone 2 hours, it is 2 days, and Bill Gates also has the kung fu to slowly accompany Lin Fengmo. After all, the work is naturally done by employees, and the boss is only responsible for making money. It's a pity that Bill Gates is not good at negotiation, he is good at software design.
That's the difference between a boss and an employee. Therefore, in the end, Steve Ballmer couldn't stand it anymore, and he could no longer insist on grinding, so he had no choice but to break the deadlock.
"Mr. Lin, it's been 2 hours, 1 minute and 25 seconds, have you thought about it?" Steve Ballmer looked at his watch, biting the time to put pressure on Lin Feng.
Lin Feng smiled faintly.
In the past two hours, Lin Feng is not really competing with Steve Ballmer for "internal strength", but thinking about the benefits that this contract can bring to himself. Indeed, on the surface, Lin Feng is very satisfied with this contract worth 2 billion US dollars. But Lin Feng believes that this contract can bring him other gains.
Microsoft wants to acquire "aQuantive" to counter "Google's" "dynamic ad reporting and targeting" jishu. Of course, Microsoft can also do its own research, jishu is not a problem, but it is too time-consuming and energy-consuming, and everything has to start over, and it may not be able to occupy the market in the end. It is better to acquire an existing company with a similar jishu. Lin Feng's "aQuantive" is the most powerful and marketable company in the market except for "Google". …,
Since it is a "sharp weapon" used by Microsoft to fight "Google", Lin Feng pondered whether he could use this contract to put pressure on "Google" to satisfy his desire to successfully finance "Google". What's more, Microsoft is so desperate for "aQuantive", Lin Feng naturally won't just transfer it at $39.
Bargaining is the most common behavior in the commercial field, and Lin Feng naturally wants to bargain with him to fight for the best interests for himself.
"Mr. Ballmer, your price of $39 is very attractive. Lin Feng said with a smile.
Steve Ballmer has a slightly downward-looking expression on his face, this is Microsoft, as long as Microsoft has a fancy to something, it will definitely succeed. Unexpectedly, Lin Feng's next sentence made Steve Ballmer unable to maintain his composure and demeanor.
"But I think the price is too low, at least $50 a share, before I sell 'aQuantive'. Lin Feng looked at Steve Ballmer with a smile.
"What $50 a share?" Mr. Lin, are you kidding?" exclaimed Steve Ballmer.
The current price of the "aQuantive" company is $19, and Lin Feng actually shouted for $50 to transfer, which is outrageous. At Lin Feng's price, Microsoft would have to spend at least $2.55 billion to acquire a 51% stake in Lin Feng's "aQuantive". But they bought 20 percent of the outstanding shares for $380 million.
It's not a good deal. ()…… ,