People who can succeed have strong self-confidence, but they are also paranoid.

Owen is being treated at the Mayo Clinic. Jacobs was also paranoid, and had an almost arrogant self-confidence, which led to his overconfidence.

CDMA has the potential to be stronger than GSM, and it may indeed represent the industry standard of the future, but only if GSM can't overcome its own shortcomings, but what if? That means telecom operators only need to upgrade their existing facilities, rather than reinvent them.

It is precisely because of this that the value of Qualcomm recognized by investors is not as high as Owen thinks, so Li Jiaming can punch the master to death, so that he can successfully short the stock price first, and then absorb it while the price is low.

Of course, Li Jiaming didn't expect to make Owen angry with a stroke, otherwise he would not have made a desperate attempt to forcibly suppress the stock price.

Now that Owen is sane and has a worse mess to face. A few months ago, he was sure to subdue Li Jiaming and let the other party's financial resources be used for his own use, but he didn't expect that people would not play the United States at all, and they would not even talk about negotiations, and directly risk shorting Qualcomm. In the end, Li Jiaming, who dared to take risks, not only did not become the prey of the predators, but allowed him to take the opportunity to absorb enough outstanding shares to forcibly join the board of directors.

For Qualcomm to get out of the predicament and continue to grow, it must have the full support of the board of directors. At this point, it will have to be united, so Bruce took the initiative to talk to Li Jiaming about cooperation.

"Ming, technology development is a long-term job, and we have to see your determination. IMHO, if you just hold a liquid stock that is ready to sell, it's hard to believe you'll hold on for years. You know, the gap between us and the GSM alliance is too big. ”

These white people are still too arrogant, Li Jiaming interrupted: "Don't go around in circles, you must be unstable internally, so you need me as an ally!" ”

"Ok", Bruce, who was exposed, was not embarrassed, Jacobs was in a coma for a few months, which was enough for opponents to win over and divide Qualcomm internally, and now the internal situation is indeed unstable, and a major shareholder ally like Li Jiaming is needed.

"But, Owen is a very stubborn man, do you know what I mean?"

Paranoia, paranoia! Li Jiaming, who is used to being tough, is afraid of this kind of person, threats and temptations are useless, either cooperate or break up, he used to treat others like this, but now it is the turn of others to treat him like this.

, heaven is good for reincarnation, who does the sky forgive? Li Jiaming hesitated for a moment, and finally relented.

"So last time Owen asked me to acquire the technology of the QC6522 series chips first?"

“Yes”.

Y fart! Last time, Lao Tzu offered to buy shares at a premium, but the old boy refused, really taking Lao Tzu for a fool?

"No, I still think that way, the technical strength of our HH company is too weak, and it is too risky to buy it at such a high price, and I can't convince my directors."

Seeing the other party as a potential ally, he will naturally investigate the situation clearly, Bruce took the coffee that Nakamura bought, and joked, "Ming, you are dishonest." As far as I know, HH is privately owned, and the vast majority of its shares are owned by LJ Investments. ”

"No, no, it's different now, Jerry.Yang has joined the board and is serving as vice chairman. With such a high price, he would not have agreed.

Bruce, power needs to be checked, and as long as it's not a strategic issue, I can't use voting power to force any resolution. That's what we all signed when Jerry joined the board. ”

Jerry.Yang？

Wow, big shots, the gods of Yahoo!

Bruce was overjoyed and hurriedly said, "Ming, can you convince Jerry to join our board of directors as well?" ”

The shadow of the famous tree, he founded HH Company by himself, but he is just a small role in the eyes of others, Yang Zhiyuan's guy is not as rich as Lao Tzu, but he is a big man in the eyes of others. Li Jiaming, who was in an unhappy mood, could only be unhappy, and he had to drag David out to parade on the street.

"David.Filo is also a shareholder of my company, do you want him to be a consultant?"

"Great!"

Of course, although Yahoo's stock price has fallen by nearly 1/4, it is also a behemoth with a market value of 100 billion dollars. Two of Yahoo's main founders joined Qualcomm's board of directors, and the gimmick alone was able to get the stock price up. This is the power of fame, otherwise venture capital funds would not pay so much attention to the shareholders of the investment object when choosing investment projects.

However, in business, since you have the chips that the other party needs, you have to exchange something back. Li Jiaming pondered for a while and bargained: "Bruce, we can pay 200 million US dollars to acquire the patented technology of QC6522 series chips, what do you think?" ”

This is impossible, if you agree to this condition, even if it is only a verbal promise, you will have to take the blame and resign when you go back. Bruce refused.

"Ming, that's an unreasonable price, we spent nearly $800 million to develop QC6522 series chips, how can we sell them for $200 million?"

Heamers?

QC6522 is an ordinary chip, not a baseband chip, and the development cost is 300 to 400 million at most. If Owen had asked for about 400 million last time, Lao Tzu would have agreed a long time ago. Hehe, if you change it, you will ask for a sky-high price, negotiating, fighting a little more is pure profit.

However, this chip is inevitable for Li Jiaming, which involves the cost control of the iPod. After pretending to think about it for a long time and drinking a few sips of latte, Li Jiaming said in a deep voice: "Bruce, if you still insist on the price of $600 million, it will be difficult for me to convince my shareholders." If you agree to get it down to about $200 million, I can work with you in the area of telecommunications operations. ”

Cash flow! Owen's judgment is correct, this Chinese kid dares to take risks! Bruce was overjoyed when he guessed what Li Jiaming meant, but he still pretended not to understand.

"Ming, if you join the board of directors, you are our partner, how can you cooperate?"

Li Jiaming didn't believe that the person who could be the VP was so incompetent, and he was also disgusted by this kind of pretending to be confused, but he still said patiently: "No, Owen's strategy is to enter the telecom field and force telecom operators to adopt new standards. This strategy is perfectly correct, but it comes with a lot of risk and requires new financing. ”

"So, let's start a new company?"

Qualcomm is very likely to rise again, and after formulating new industry standards, it is bound to withdraw from the field of telecom operations. Set up a new company and get a good return when you sell it in the future. Of course, Li Jiaming has no intention of running a telecom company that he doesn't understand at all and is destined to sell, so he is very sincere: "Bruce, to enter the telecom operator, to confront all the existing telecom operators, I need a reason to convince my partners. ”

This? Now it was Bruce's turn to be embarrassed, and after Owen regained his senses, his first order was to win over all possible allies to keep the board stable, and the Chinese kid had more than 15% of the outstanding shares, which was what they needed to woo. In other words, the most important issue for Qualcomm now is not to enter the telecommunications field, but how to raise enough funds to protect itself from being spun off and sold by the acquiring company.

But the other party's suggestion is very tempting, in the past, Bruce opposed entering the field of telecom operations, that was because Qualcomm could not find a powerful ally, and now HH company took the initiative to talk about it, that is an opportunity. However, this opportunity comes at a price, such as selling patents at a low price and allowing the other party to fully participate in the research and development of new chips in the future, even if Li Jiaming does not mention these things, Bruce knows it.

How can there be a free dinner in the world?