Chapter 364 Transfer

"Can you tell us about your earnings this time?"

"I'm sorry, BOSS is an Oriental, with a low-key and mysterious tradition in the East, but he is not the only one who benefits, and there are many friends he knows in the United States in the three funds...... Let's talk about the stock market. Pen & Fun & Pavilion www.biquge.info"

The audience had fun.

Everyone loves to listen to gossip.

However, after this interview, many Americans have a good impression of Li Mo, and they can't blame others for making money.

And that big guy from the future.

Many broken families have also been saved...... What else do people do?

Li Mo did this, because some newspapers published some ugly words, in fact, futures have been broken, long out of the original intention, it is not futures, but a legal casino, willing to gamble and lose, either you lose, or I lose, it's as simple as that, but a foreigner earned the money...... Li Mo can also understand that if it were him, he was not very happy to hear that foreigners had earned a lot of money in China and took it away. Letting these people wash the ground is very detrimental to Li Mo.

So Li Mo took out this money, and in fact, this money was not much after deducting tax exemption and the apportionment of other investors, but at least he established a positive image.

Don't take that rational investment seriously. reason is such a reason, Buffett has to admit that Li Mo is reasonable, but ...... We all know that gambling is not beneficial, why do so many people still run away to gamble?

Seeing that the stock index was falling again today, Li Mo was thinking, there should be no big problem, otherwise he would have an impression, and then took a look at the situation in other countries and regions, Xiangjiang doesn't need to look at it, and he has to struggle in the sea of suffering for a month, it depends on the situation in other countries, some countries are affected, and some have survived.

Li Mo judged that this was a shock, and after that, he was basically safe.

So he informed Hao Like again, and by the way, it was changed to an interview, if the stock market continues to fail tomorrow, it has nothing to do with Li Mo, at least I have to admit that I am kind. If the stock market stops falling tomorrow, Li Mo will at least have the credit of "cheering up the people".

Anyway, Reagan and his think tank must have made the stock market dumbfounded today, and it is no longer possible to distinguish between the east and the west.

His words did have some effect, and on Tuesday, some stocks related to the "IT" industry that Mr. Limer said, as well as those of General Electric and Coca-Cola, rose, and the broader market also became active, rising more than 60 points, pulled by more than 40 stocks. It rose by more than forty points on Wednesday, began to fluctuate on Thursday, and again on Friday. On the second Monday, I saw that the stocks of other countries were stable and began to rise by more than 20 points, although they did not rise sharply, but the decline must have stopped, and the stock market crash must have gone.

Reagan deliberately called to invite Li Mo to the White House as a guest, but Li Mo had already returned to China, and then Reagan continued to call and talk to Li Mo......

On Tuesday, Yili acquired which clothing company in Sacramento, but Li Mo did not pass, he was negotiating with Mattel on the assets of Yili's parent company, and after a stalemate between the two sides, Li Mo actually made a big concession...... With the value of which of his drawings, a hundred million dollars? If Yili develops, it will be more than a billion dollars. Li Mo made concessions, valuing fifteen million, but Li Mo's drawings, Yili Company only has the right to use, Li Mo does not charge, and the ownership must remain in Li Mo's hands.

Usually this clause doesn't matter, but if the family property is divided in the future, these drawings have nothing to do with Mattel.

Li Mo took another step back, and Mattel's more than $6 million could be delayed until April next year for the company's expansion of production.

Subsequently, Mattel sent an accounting company to settle in Yili.

Yili Company has sent people to buy shops in the most prosperous areas of major cities, because Hao Like said on NBC, the loan has become convenient, and everyone knows that Li Mo has money in his hands, and he is not afraid that you can run away.

After the acquisition, it will have to be renovated, and a large number of sales talents and top design talents will be recruited to come over. It is also necessary to separate talents to purchase leather fabrics from various countries...... also includes the silk that Li Mo can't figure out.

The Sacramento subsidiary had to be reorganized, and the original designers had to be merged into the San Francisco parent company.

Taylor, Tina and several executives were busy, and Peng Jiutian also returned to the Modu subsidiary with the team that came to sharpen.

It's the same on either side, and it's going to be busy next......

On Wednesday, Mr. Li engaged in a rather difficult negotiation.

Don Valentine brought two senators with him...... The U.S. Congress has a House of Representatives and a Senate, the House of Representatives focuses on domestic affairs, the Senate focuses on international affairs, and Li Mo is a foreigner.

Li Mo was angry and said, "Mr. Valentine, you go back and calm down, or you can inquire about my personality." ”

Don Valentine touched his nose and begged for a long time before Li Mo met him, and of course, the two so-called big men Mr. Senator disappeared. also because of the two senators, the Metasequoia Fund overpaid more than $10 million, that is, Li Mo raised the psychological price of Cisco's market value in his heart by $50 million.

And Li Mo just made it clear, I will treat you sincerely, otherwise we will negotiate 250 million US dollars, and now it is less than 300 million US dollars, we have no need to talk. With Cisco's current scale and net profit, 300 million US dollars must be high, Li Mo spread his hands and said: "It doesn't matter, it won't be long, there will be no dividends at the end of this year, no dividends next spring, and after two expansions in the summer, it will be more than 300 million US dollars at that time." ”

This is also the truth, the key is that Ballmer really can't stand the Bossaks, otherwise Li Mo will at least stay up until next spring, or even summer, before the IPO, to have this negotiation with the Metasequoia Fund. Ballmer has no intention of running it, and Li Mo doesn't want to care about it, it just so happens that the Metasequoia Fund is interested, otherwise Don Valentine will come over with two senators, and Li Mo will directly give him a closed door, and there is no need to talk about it.

Don Valentine had no choice but to finally agree to the amount proposed by Li Mo.

It is this market value issue that is entangled in the next negotiations, which ignored Don Valentine's expectations, and today is a draft ...... On Thursday, the negotiations were renewed, and the main venue of the negotiations shifted to Cisco headquarters.

Metasequoia Fund injected 90 million US dollars and obtained 30% of Cisco's shares, which is a bit expensive, but Li silently promised that the money would not be dividends together, and all of it would be left as Cisco's expansion funds.

Posack's wife changed color and shouted, "I don't agree. ”

Li Mo snorted coldly and said, "The board of directors votes. ”

Bode and Merio, Ballmer and Limer accounted for 46%, and even the minority shareholders were more in favor of Limer, and Bossak's wife couldn't jump.

In fact, Li Mo also heard about some of the small actions she made, and it was probably the Metasequoia Fund that used some means to bewitch the Bosak couple, and the two promised to transfer 10% of the shares to the Metasequoia Fund at a price of 15 million.

Maybe Posack's wife thinks it's still a good deal, and within a few years, just 10 percent of the shares in her hands, she has received dozens of times the return, getting 15 million, and still holding more than 30 percent of the shares in her hands, and the couple obediently fell for it.

There are a lot of dirty things in the middle, which were later revealed by Bossak's wife, and the reason why he agreed at the beginning was that Don Valentine promised that once he settled in Cisco, he would support the couple in the board of directors...... It also means that they will have complete control over Cisco. Can you run a good company after the control? If it weren't for Li Mo's entry and the hiring of Ballmer as CEO, and the use of Microsoft and other connections, Cisco might now be worth less than 30 million.

But Posack's wife never thought about it, and even if Li Mo settled in early, they didn't believe that they couldn't manage the company well. But at that time, it was useless for her to jump, and she continued to be the same as in history, and Bossak couldn't stand her bad temper, and the two divorced, and then ran some bizarre cosmetics, riding naked and letting reporters take pictures, like a female madman......

Thus, after dilution, Mr. Limer and the two funds, plus Mr. Ballmer, have a 32.2 percent stake in the company, while the Bossaks have only a little over 20 percent of the shares, and Metasequoia funds have a 37 percent stake.

Then there is the pre-listing allotment, which shall not exceed 5%, which is not limited, and there are too many cats. Metasequoia Fund is a venture capital, and listing needs to collect a part of the funds, Li Mo took a step back, but also made restrictions, the outstanding shares shall not exceed 25% of the total share capital, and half of it will be retained to continue as the company's expansion funds. There is also the expansion of the company in the future, and the recruitment of talent through the rights issue shall not exceed 5%, and it will be the same as Ballmer, but because of the dilution ...... The new CEO will only receive 1.5 percent of Cisco's shares, with an additional 3.5% of the shares being used for further recruitment before going public.

In order to prevent the Metasequoia Fund from becoming a demon moth, Hao Like also deliberately invited four barristers from O'Melveny & Myers to preside over the negotiation and sign the contract.

In fact, the 5% allotment and 10% allotment before listing recruit talents, Metasequoia Fund can still come up with some tricks...... But Li Mo sneered in his heart.

Then there is the choice of the new CEO, which was negotiated between Li Mo and Don Valentine yesterday, Valentine launched dozens of candidates, and Li Mo finally chose John Morich. However, he was also surprised by the talent pool of the Metasequoia Fund, these people did not work at the Metasequoia Fund, but Don Valentine pushed them out, indicating that they both had close contacts.

Continuing to negotiate, Hao Lick was not surprised by this distribution of shares, not every company is like Microsoft, especially the venture capital company, after such a large-scale financing and listing, it is very good that 60% of the original shares can be retained.

After formulating numerous clauses, especially on shares, the last one, and the one that made Don Valentine happy, was that from today, Li Mo and Microsoft completely withdrew from Cisco management and handed over voting rights to the Metasequoia Fund.

"This won't work," Sadla screamed.

Li Mo said coldly: "You go and ask the people I deal with, what kind of person am I?" You should know how fast Cisco has grown since I joined Cisco. But in order to compete for this controlling stake, you have used all kinds of means, including actively luring other VCs into Cisco...... I just want to ask you, is it okay for a country to elect two presidents with the same rights? If I don't let go, a company will soon become three minds, do you think it's okay? ”

The Posacks were dumbfounded.

They made a mistake, after Li Mo joined Cisco, he never wanted to enter the management, mainly because they couldn't manage the company well, so Li Mo asked Ballmer to manage it on his behalf.

Li Mo glanced at them sarcastically, play this little trick, and watch China's "Romance of the Three Kingdoms", don't you think it's too tender?

I don't pay you, someone will deal with you!

Li Mo shook hands with Don Valentine, and Valentin was relieved that the company was owned by Metasequoia Fund.

Li Mo walked out of Cisco with the group, and Ballmer said with relief: "The days of suffering are over. ”

A CEO actually said this...... Don't laugh, and look at the future when Moric becomes the next CEO, and he admires even the people who are both right and wrong, but at this moment, Wang An's son is tortured to death on Wang An's computer......

"Ballmer, don't underestimate this 0.72%, it's no less than Microsoft's 0.72%."

Diluted, Ballmer is only 1.4, and Limer refers to the final stake after the IPO.

The outside world is speculating about Li Mo's shares, knowing that he gave up a lot, so it is estimated that the Cisco shares in his hands are about 25%, in fact, Li Mo still owned 30% before, of course, only Hao Like is clear. If it is speculated by the outside world, Li Mo's shares will only be about 11% after listing, and at least ten years later, it will not be so dazzling. The actual shares, after listing, are not much, 12.6%.

But...... Can the Metasequoia Foundation, or Don Valentine, know what Cisco's future will really value?

Li Mo whispered to Hao Like in Chinese: "After I am busy with things here, I will go to China immediately, open an account for my parents, my sister, and my two younger brothers, and register four offshore funds." ”

"This time, the Metasequoia Fund spent a total of 100 million dollars in costs in order to enter Cisco, which will inevitably bring them some financial pressure, and now Cisco has a big appearance, 90 million US dollars to invest, maybe after next fall, they will go public."

Therefore, Li Mo deliberately asked for the distribution of the fundraising, because he was afraid of this, and he could not delay the development of Cisco because he was in a hurry to withdraw the funds because he had embezzled too many funds.

"Call me as soon as they're ready to go public."

"Like the acquisition of Microsoft?"

Li Mo nodded, but he was ready to maximize the acquisition and take back the shares this time, but there was a flaw, that is, once the outstanding shares acquired exceeded 5% of the company's total shares, it must be reported to the head office.

Therefore, Li Mo opened an account for his family, and when it was close to five percent, he immediately transferred it to the next account, so that all the Cisco shares he really owned would be in the dark.

And this time, because the Metasequoia Fund uses a lot of funds, the listing will be urgent, and the market value will not be too high at that time.

"Then keep an eye on the Posacks, if they want to transfer their shares, whether it is before the listing or after the listing, they have to eat it quickly."

In this way, he will still be the largest shareholder of Cisco in the future, not only hidden in the shadows, but also convenient to cash out in the future.

As for the management company, the Bosses thought too much, and so did Valentine.

George W. Bush called again, and he also had a lot of shares in it, 4%, although Li Mo explained yesterday that the benefits of the Metasequoia Fund after entering it, but he has always been concerned.

Li Mo said: "Deal with it, by the way, congratulations, although your shares have decreased, they are already worth eight million four thousand dollars." ”

George W. Bush also doesn't mind this management, all he cares about is the return on investment. After listening to this, Bush Jr. laughed happily on one side.

On Friday, Li Mo took Hao Like and the accountant to the Sacramento subsidiary to have a look, and on Saturday, the happy time came.