Chapter 482 holds eighty percent of Google's shares
Li Feiteng looked at the three board members of Gerstner, Paul, and Ron, the three of them represent Intel, SV Angel Ventures, and IBM.
For example, Li Feiteng only has 100 million US dollars of spare money in his hands now, and he dares to invest it all without leaving a little so-called liquidity, but the three in front of him are different, even if they have billions of capital, they will always keep hundreds of millions of dollars of liquid capital in hand, and they will not say that they will invest it all at once.
They were worried that because of the inability to open the capital turnover, they would lose money and go out of business, and the losses would be even heavier, but Li Feiteng was not worried at all.
This year, Feiteng Group's net profit can reach at least 30 million US dollars, and Li Feiteng can take at least 10 million US dollars if he wants to pay dividends and move funds.
Tengda Media Group's net profit this year is also $12 million, which he can share $4.4 million.
Yunteng Games, this year's net profit will be particularly terrifying, at least more than $50 million, and Li Feiteng can get $35 million.
With these three companies alone, he can get half a billion dollars, not counting the income of other scattered companies, if Li Feiteng really wants to invest, or if there are companies that can't turn over, then he can withdraw more than 50 million US dollars from other companies at any time.
50 million US dollars, is not about 400 million yuan, and now in China, there is no one who is worth more than Li Feiteng, but in terms of cash. I'm afraid that no businessman can casually come up with hundreds of millions of yuan to play around.
Li Feiteng can do it now. Even if he loses hundreds of millions. By the end of next year, the company's dividends may be doubled, and in a few years, the dividends may exceed one billion.
Gerstner asked, "Mr. Li, how many dollars are you willing to sell the search letter?"
Li Feiteng said: "$110 million, Google doesn't have so much cash, I think it's better to use shares to acquire, Google's 2.5% stake to buy Soxin." What do you think?"
Ron said: "2.5% is too high, and now Google, I think it's worth $8 billion, and Soxin can only get 1.375% of the shares in the end." ”
1.375%?Li Feiteng shook his head, he was in his own interests, and it was not Google that wanted to go public to raise capital, so he immediately said: "This is impossible, you should tell me how much you are going to raise this time!"
Gerstner, Ron, and Paul saw that he didn't listen to him, and they didn't speak, because Google was absolutely controlled by Li Feiteng. They have the right to know and the right to make decisions, but they don't have the right to choose.
Plainly. Li Feiteng just told them, he didn't need to adopt the opinions of the three outside directors at all, he only needed to negotiate with Page, Brin and other senior management to deal with it.
They are very bullish on Google and do not want to see Li Feiteng continue to invest more and dilute their shares.
So Gerstner said first: "IBM can invest another $100 million." ”
"Our SV Angel Venture Capital can also add another 30 million to 50 million US dollars. ”
"Intel is willing to raise $20 million. ”
When Li Feiteng heard their offer, a smile appeared on his face.
Google is short of money, but this will be the last round of funding, so he said: "I think, in terms of estimates, we have to renegotiate that the price of $8 billion is too low, and at least $10 billion is the price that Google should be right now." ”
The three outside directors, Gerstner, Ron, and Paul, all looked bad and were very uneasy.
"King Lee, although Google has a lot of potential, but $10 billion, it's impossible. ”
"For $10 billion, we SV Angels will not raise money. ”
"It's too high, we can't take it. ”
Li Feiteng leaned back, he glanced at Page and Brie, and motioned for the two to express their opinions and opinions.
Page stood up and said: "In fact, the $100 million capital of Chairman Mr. Li has been used by Google for a long time, so even if the three board members do not raise funds, it doesn't matter." ”
"Yes, we at Google are also willing to use 2.5% of the shares to merge with Soxin. Brie added.
Search's is the absolute value of this share, compared to Google, Search's formation scale is long, there are branches in many regions, and after the merger of Google, there may not be much help in traffic, but it can quickly bring new regional user groups to Google, which is more attractive than a direct merger.
Guo Shi and the three of them all understood the situation a little, it turned out that Li Feiteng didn't plan to talk about it at all at this board of directors, and everything was according to his intentions.
"That's fine, dilute a little bit, dilute a little, anyway, now that the market of Internet companies is sluggish, when Google is short of money again, it is not too late for them to increase their capital. ”
The idea of the three of them made this board meeting easier.
After the search for letters did not fall, the shareholders have all been withdrawn, and Li Feiteng did not embarrass the shareholders of the search letters, all of them were recovered at low prices, so he now owns 90% of the shares of search letters, and the maximum decision-making power is exactly the same as Google, and there is no need to go to the search letter to hold a meeting, and the acquisition and merger of the two companies will be finalized.
In the afternoon of the same day, in the conference room, Li Feiteng signed the prepared contract, and at the same time completed the strengthening of his shareholding in Google.
In the end, Searchin acquired a 2.3% stake in Google, and his $100 million in cash received a 2.5% stake, for a total of 4.8% of the shares, plus the 75.8% previously held, which is 80.6% of the shares.
"It's so cool!" In the five-star hotel, Li Feiteng was happily lying on the bed, he closed his eyes, and there was a bill in his head.
He will never give up the shares he has now, and at the same time, he will not admit new shareholders to come in, and after the day of Google's listing, these shares will slowly become real money and high-priced stocks.
According to a conservative estimate, Google had $240 billion worth of shares in 2012 when it was $300 billion.
Although, it is impossible for Li Feiteng to sell them all, but when Google has reached the peak of development, when the stock is ridiculously high, he can recoup hundreds of millions of dollars by casually selling a little bit of stock, and at that time, he will really be all kinds of rich and capricious.
It's just that now, Li Feiteng has no money, and the large amount of money in his hand has finally been spent.
However, he is not ready to sell any more stocks, or rack his brains to make money, but is ready to start doing something practical, as long as the company is strong, a steady stream of money will come. (To be continued......)