Chapter 262: Waiting for the Person
"Hello Don Valentine. Pen × fun × Pavilion www. biquge。 info" Li Mo said politely.
Zhang Ting poured coffee for a few people on the side...... Uncle Qin glanced at her and thought to himself, the strange relationship between the boss and this little girl, he still don't guess.
Uncle Qin closed his eyes and pretended not to see anything.
As Uncle Qin got to know Li Mo, he also thought that Li Mo needed a "little lady", and the speed of expansion of this property was too fast, even faster than moving to a bank. In the future, it will also be an empire, but not an empire in power, but an empire of money, and there are not enough heirs, with the traditional thinking of the Chinese now, it is indeed a big problem.
Valentine said it meant.
"Mr. Valentine, I also invested in Microsoft at that time, Microsoft was very weak at that time, and there was some internal chaos, but I still gave several times the market value, and I didn't invest many shares, and I also gave the voting rights to Mr. Bill Gates, in addition to these, I also provided a lot of valuable advice, and even some opinions, which are playing a guiding role as a beacon for Microsoft." I'm sure you inquired before you came. Why, because Microsoft is not bad for money, I forced my way in, and I had to put forward all kinds of preferential conditions to make them happy...... As it turned out, I had a close relationship with all the top executives at Microsoft over the years. ”
Don Valentine nodded in frustration.
"Yes, Cisco has been unable to unite because of some odd tempers of the two founders. So what's the matter, the main thing is that I care about my feelings, otherwise I have N ways to dilute their shares, and even forcibly kick them out of management. You are here to try your luck, first, Cisco is indeed an internal discord, although I forcibly suppress it, and second, the United States has suffered a rare stock market crash, but Cisco is not listed now, and there is no shortage of funds for development, and even I want to inject a lot of money into it to dilute the shares of the Bosses. Do you think I will agree to the price you give?"
Li Mo still maintained full respect for this person.
This man famously said that betting on the track rather than the racer was placed.
Judging by the odds of survival, would you rather bet on a genius to jump off a cliff, or on an ordinary person to jump off the second floor?
Two famous quotes are the most important basis for his investment.
To put it bluntly, the first is to see whether the industry has a bright future, which is the most important premise.
The second is to see if the founders have the ability to bring this promising industry on the right track.
It's easier said than done, and it's very difficult to do these two, after all, he doesn't have a golden finger of foresight.
Twenty years ago, when he was the sales manager of Fairchild Semiconductor, he recruited a group of later figures, such as AMD founder Jerry Sanders, Maxim founder Jake Gifford, and Apple's first CEO Mike Macura.
This was followed by the establishment of the Metasequoia Fund, which invested in Apple. In the past life, when the PC was booming, it cultivated the network equipment companies 3Com and Cisco, and when computers were widely connected and the Internet age came, it invested in Yahoo and Google, as well as other companies such as Oracle...... Because of their great achievements, they adopted the same strategy as Li Mo, keeping it secret, and the outside world often did not know the truth and the truth, so they guessed wildly, believing that Metasequoia Fund had invested in more than 500 companies, of which more than 130 were successfully listed, and more than 100 projects were successfully exited with the help of mergers and acquisitions, and the total market value of the companies listed because of their investment exceeded 10% of the total market value of the NASDAQ.
The total market capitalization of the NASDAQ market is how much it is, even if the Metasequoia Fund owns 10% of these companies, which is 1% of the total market capitalization of the NASDAQ, it will be frightening.
Venture capital is generally divided into two kinds, one is similar to Metasequoia Fund, which is optimistic about a company when it is only founded, invests in it, makes it grow and grows, and goes public to make money, and the other is similar to quantum funds, which specializes in tossing in the futures and stock markets, or both.
Either way, there are great risks.
Even if it supports entrepreneurial venture capital, it is also dangerous, if it invests in dozens of companies, none of them can be successfully listed, or if they successfully exit due to mergers, the venture capital is doomed.
Who can do it, from the tens of thousands of small startups, the most promising small companies?
To some extent, Don Valentine and his partners are no less than a golden finger.
Don Valentine drank his coffee and didn't know what to say.
First of all, people are not bad for money...... This is the most troublesome!!
Besides, people have enough wisdom, and this is also troublesome.
Li Mo said: "You know, I have adopted a quarterly expansion plan at Cisco......"
That is, settle the accounts every quarter, and then quickly withdraw the excess profits to expand, otherwise Li Mo will have to inject capital.
"Well, this year, next year, with the momentum of Cisco, it will go public the year after tomorrow, in fact, as long as I think, it will be eligible to go public by the end of next year, do you think a company that can be listed in only one year and has a bright future, is the market value worth this money?"
In fact, the market value of the Metasequoia Fund this time is not low, reaching 150 million US dollars.
Last year it was about the same, but this year ...... Hmph.
"Valentine, also, do you know that I made a profit in the stock market crash here, why I made a profit, why I went long the next day? Or to put it this way, why did the stock market crash happen, why did the stock market crash not widen? About Monday, Tuesday, my legal counsel, Mr. Hollick, will make a speech on a public television station, and you will understand the Cisco future. ”
"What prospects?"
"When the time comes, you pay attention and you'll know. If you want to raise money, or join, I don't reject it, with you, it will be easier for Cisco to go public. Besides, Ballmer was distracted by Microsoft, and he was tired of the Cisco CEO. I also want to get a fund to come over and we manage it together, including going public. After all, I still have to learn...... I really can't spare any more time. ”
"Lee, you've become the opposite of Ellison......" Don Valentine said amusedly.
Ellison, the founder of Oracle, is not a good child, he went to college three times in a row, but because of his failing grades, he did not get a diploma, and he was not yet developed, so he spent all day drinking, and his wife couldn't stand his virtue and divorced him. Ellison panicked and said, I'm going to be a millionaire, and if you stay with me, you can get whatever you want. Later, Ellison developed, and his wife said I don't regret it, if there is any regret, God knows. However, Ellison has a bit of an arrogant temper.
Although he had a strange temper and many shortcomings, he was a very smart man, and he once said that a college degree is useful, and I think everyone should go for one or more, but I didn't get a degree in college, I never took a computer class, but I became a programmer. I taught myself how to code entirely from books.
Li Moke didn't think that he had such a high IQ, so he had to work hard to make up for his clumsiness.
However, Don Valentine heard Li Mo's words, the price was right, Li Mo would agree, and maybe even because of Bosack's quarrel, Li Mo would give up management. As for Bossak, Don Valentine never considered it, this pair is a technical master, but in life, they are a pair of people with extremely low emotional intelligence, Cisco has attracted many investors in the past, most of them are recruited. Bossak's wife is still dreaming about using a third party to dilute Limer and Ballmer's control over Cisco......
"Lee, what do you think its market value should be?"
"I will say two things, first, after listening to Hao Lik's speech, you will discuss it again. Second, I have always had a good reputation in the United States, and as long as it is not excessive, almost everyone I work with will be happy. ”
"Got it, I'm bothering you today. ”
"It doesn't matter, I have admired your name for a long time, but I haven't bought a house in the United States yet, let alone a hostess, otherwise I will treat you warmly when you come this time. ”
Not only is this person's foresight, but also the rapid growth of the Metasequoia Fund, and the water behind it is far deeper than the network of relationships built by Li Mo.
Although there was no negotiation, the two reached some tentative intentions, and Valentine happily left Studio Io.
Li Mo understood what he said, as long as he gave a fair price, Li Mo would let them in...... As for the Bossacks, if Valentine doesn't solve it well, it would be better to commit suicide, but there is no need to worry that Li Mo will make excessive demands...... Moreover, Li Mo may still relinquish management.
Of course, the price will not be low, but the investment is worth it, stay up for a year or two, and once it is listed, the investment is equivalent to doubling and recovering.
Hao Lick said worriedly: "BOSS, the Metasequoia Fund has a bad reputation, and Jobs and they are the Metasequoia Fund kicked out in disguise." ”
Li Mo must know that not only the founder of Apple, but also Cisco and Google in his previous life...... Wait, only Ellison of Oracle, Metasequoia Fund has nothing to do with this unruly person.
But there is one thing, although Metasequoia Fund likes to kick the founders, but it can always find the right CEO to let these companies grow rapidly, and with their background, the listing has been smooth. This is what Li Mo values most.
Cisco is in their hands and will not be ruined, as for the controlling stake...... Li Mocai never thought that these companies were civilian and military, and later they were often wrapped together, and Sino-US relations deteriorated, especially after Clinton, who was hostile to China, came to power, allowing himself to control Cisco?
It's better to quietly hide behind your back and be a beautiful man, and in 98 or 99, you can harvest to your heart's content.
The initiative in the negotiations is also in Li Mo's hands, although Li Mo is hiding behind his back, he will also put forward a number of terms to ensure that his shares will not be seriously diluted before going public. As for the Posacks, when they met Metasequoia Capital, they were kicked out. It just so happened that after the listing, I sent someone to eat all the shares in their hands in the name of an offshore company.
Li Mo looked through the accounts of Io's work.
Zhang Ting asked curiously: "Li Mo, is the Yiwan studio so big?"
It's still the same few people, but two new accountants have been hired.
The reason is still the contract signed with Warner and Disney, before the movie is released, Io Studios is not allowed to flow out the comics, and must wait for the movie to be released soon, before the relevant comics can be released, which can just pull the box office at the end of the movie.
Li Mo agreed.
Then you don't have to hire so many people.
If the studio is large, the place is spacious enough, but it seems very deserted.
"Fun Studio?" asked Li Mo strangely.
"Isn't it playable? I, ONE, playful, Xiangjiang newspapers are all published like this. ”
"Aio, it's not fun," Li Mo said speechlessly, how much the pronunciation deviated: "Forget it, they can translate it however they want." ”
"Isn't it famous?"
Hao Lick said on the side: "Yes, do you know what Io Studio does? It owns all the intellectual property rights of the boss, so let's put it this way, once it is developed, the intellectual property of this studio alone is worth tens of billions of dollars, don't you look down on it?"
"Tens of billions?" Zhang Ting was dumbfounded.
Li Mo nodded: "If it is well developed, tens of billions will be more than that." ”
The box office alone is more than tens of billions, and there are more derivative incomes, but its income is indirect, not direct.
"No wonder they're looking for a little lady for you. ”
"Do you agree?"
"Well, I won't be someone's little girl, I want to be, be a bright girlfriend, wife! ”
"Wife?" Hao Like was happy on the side, in his eyes, Zhang Ting was far inferior to Guo Zirong in terms of beauty, she was not too tall, her chest was not as big as Guo Zirong's, and her ass was not as big as Guo Zirong's, and more importantly, Guo Zirong could be admitted to college, Zhang Ting couldn't even get into a university, which shows that there is a big difference in IQ between the two.
The boss is playing ambiguous with Zhang Ting, he has no objection, but as a boss lady, Hao Like will not approve.
Looking at his contemptuous eyes, Zhang Ting was angry, because in Yile, Huang Tairen also said something similar, don't think that being a little lady has wronged you, even if you are a little girl, your IQ is not qualified, and it can drag down the boss's genes.
These sycophants, she thought hatefully.
Then I ran to the desk to read various comics, although she had poor English listening and reading skills, but she also learned some English in school, and she didn't understand it, so she actually read it with relish.
Li Mo watched for a while, then returned to San Francisco, first to Rongdek.
But he didn't go to Cisco, and he really didn't want to see the stinky face of Bossak's wife, and then settled in Yili. The next main task is related to Yili.
George W. Bush ran to Yili, found Li Mo, and said, "Li, why don't you take me?"
With the stock market declining again, the media is digging deep and digging up relevant important figures, Li Mo is famous, and he is Chinese, and he has made a big move, and it seems that there are a lot of reports, some are right, some are nonsense, but everyone knows that Li Mo made a fortune in this stock market crash.
Li Mo said unceremoniously: "Bush, if your father is a governor or a state legislator, I will definitely take you with me, but your father is the vice president, and this is an investment in the stock market and futures, and an investment with a strong policy nature. ”
"My father ......"
"Satisfied, think about Yile's orders and trends next year, and how much your investment will return on next year, even though it is not listed. And Cisco, most of the next year will go public, how much return can you get?"
"Lee, what about Yili, what about Rong Deke?"
"Well, dare you drunkard not to drink, do you want to intervene in these two companies? This is not good, but if there is a suitable investment in the future, I will definitely greet you. ”
"Okay, what kind of Chinese character do you have. ”
"A gentleman keeps his promise, yes, if only you were a non-partisan. Li Mo said very carefully.
"It has nothing to do with partisanship, Lee. ”
"You don't have a relationship, I have a relationship. ”
The two quarreled for a while, and Bush got a verbal promise from Li Mo and went back happily. This is the distress of investment, Bush and his friends have money in their hands, but they don't know which direction to invest, and some people have an investment direction but have no money in hand.
On Sunday, Mr. Haureck called and said that he and his team had spent two days finally breaking through the contracts of all the investors, a large number of them.
Of course, after these investors signed the contract, they also knew that Li Mo's income this time, some were happy, some cried, and those who invested less regretted it, so that Rong Dike and some Cisco staff were happy, although they did not invest much, but they were not rich in the first place, which was equivalent to the surplus wealth that fell from the sky.
Then I waited for it to get dark, and it was dark in Los Angeles, when the Xiangjiang market opened at dawn...... Some people have a lot of friends and happen to know someone in Xiangjiang, so they call them to pay attention to the latest situation, which is the last important investment of this investment.
It was dawn, and the city was open, but it was also dark......