Chapter 256: Angry CEO
Chambers's abacus is playing well, and Cisco's estimate of the assets of the ORZ mobile phone, including the research institute, is generally accurate. However, in Zhou Liwen's view, this valuation is still much lower than the real situation. The total assets are 300 million US dollars, which is roughly the same amount, but the patent of the institute is only worth 200 million US dollars in Zhou Liwen's opinion? It's just a joke. These patents, especially a series of patents for smartphones, are more valuable than the entire company in Zhou Liwen's heart, which is the big gold mine he relies on to survive. In addition, the brand of ORZ mobile phone has a certain popularity in the big 6 mobile phone market, including the mobile phone market in Southeast Asia, which Chambers deliberately did not mention, and its intention Zhou Liwen also knew it in his heart.
Moreover, it is a joke that Cisco wants to exchange $200 million in cash and $100 million in Cisco shares for a 49% stake in its own hands. Zhou Liwen is not short of this money, and from the perspective of the share structure of the entire orz company, Zhou Liwen's own direct equity is 35%, excluding 5% to TcL Li Dong, there is still 3o%, and the equity of Xiangjiang Company and offshore companies is 45%, which removes Guo Tao and others, Zhou Liwen directly and indirectly holds about 7o% of the equity, and half of the 7o% equity accounts for about 35% of the total share capital. In this way, Cisco not only became the largest shareholder of the ORZ mobile phone company after itself, but also extended its tentacles to several other companies through such means, which Zhou Liwen would never allow.
In addition, Zhou Liwen is also worried that when Chambers gets some shares from other shareholders, Zhou Liwen will lose the controlling stake in the entire company. No matter how stupid Zhou Liwen is, he will not do this, this is tantamount to digging his own foundation.
Hearing Zhou Liwen's refusal on the spot, Chambers was not angry, but on the contrary, he smiled and proposed that he could make appropriate concessions.
Regarding the other party's attitude, Zhou Liwen also secretly calculated in his heart. In fact, cooperating with Cisco is of great benefit to Zhou Liwen, as one of the world's top ten IT giants, if there are Cisco's resources and backing, as Chambers just said, Zhou Liwen's mobile phone empire will develop faster and faster. But the premise is that it must not affect Zhou Liwen's independence and control, which is Zhou Liwen's bottom line.
Thinking of this, Zhou Liwen simply bargained with the other party and tested Chambers's hole cards in this way. Zhou Liwen told him that there is no need to invest in share expansion, and cross-exchange may be possible, but the company can only take out 14% of the shares at most, because Zhou Liwen himself has 3o% of the shares, and as for the shares of Xiangjiang Company and offshore companies, Zhou Liwen is very casual and "forgets". Moreover, according to the current valuation, the price of this part of the shares is not as low as Cisco's quotation, and Zhou Liwen Lion opened his mouth to offer a high price of 400 million US dollars in exchange for Cisco 1. 5% stake.
“no! no! Chambers shook his head when he heard this, Zhou Liwen's condition was really outrageous. He admits that the orz mobile phone company has a bright future, but after all, this is only a new company, IT companies like this appear in the United States every day, and most companies will disappear in a short time, even if some companies rise for a while, but often in the cruel market competition, so as to disappear in the waves of the shopping mall.
In his opinion, all the assets of ORZ, including patents and brands, are valued at a maximum of $100 million, and 14% of the shares are counted as 1. 400 million US dollars, and Zhou Liwen actually asked for a valuation of 400 million US dollars, which is simply whimsical. In addition, the market value of Cisco is now down a lot from the peak of $5ooo in 1999 due to the stock market, but according to the current assessment, it has also exceeded $3.8 billion, which means that the market value of 1% of the shares will be $3.8 billion,1. With a 5% stake of $5.7 billion, this Chinese math teacher would not have been able to calculate the difference unless he was taught by a physical education teacher. Then there is only one possibility, Zhou Liwen used this way to categorically reject Cisco's request.
"It's a shame, it seems that the expectations between us are too different." Chambers could afford to put it down, shrugged his shoulders in regret, and then never said anything more. And Zhou Liwen also pretended that he had never been born just now, and chatted with Chambers about the topic of culture and art, and the two quickly found a common interest in this topic, and the atmosphere in the study became harmonious again for a while.
The temptation of the two sides has not been fruitful, but this does not affect the current cooperation between the two sides. A few days later, the IOS system test results came out, and according to Liao Yuancheng's original prediction, he reported to Zhou Liwen. When they learned that the stability and operability of the official system of Ios had met their requirements, they only needed to make slight changes in some usage interfaces to fully adapt to their smartphones.
In addition, Liao Yuancheng has good news for Zhou Liwen, Cisco's technology is indeed powerful. At the beginning, before the official version was confirmed, Liao Yuancheng took into account the shortcomings of the camera with slightly lower pixels due to technical reasons, and hoped that Cisco would require software optimization in this aspect of the operating system. Cisco technicians have done this today, and according to actual testing, smartphones with a formal iOS system installed are extremely good in all aspects, and the results are amazing.
"Very good, the next new version will continue to open, the specific requirements are clear to you, this work is still up to you."
"No problem! I've talked to Cisco about this, and they're happy to move on with the next release, and we're even more interested in our flat computer Ios system, and they're asking for a shared ownership ...... for the system. ”
"Hehe, Chambers' nose is really smart." Zhou Liwen laughed when he heard it, Chambers didn't succeed in one plan and used another plan, because the Ios system used by the mobile phone had an agreement before, Cisco was not easy to change, and they still couldn't do it as a large company violating the commercial contract. However, Chambers asked his subordinates to ask for separate negotiations on ownership issues in the development of the Ios system for tablets, which is also unrepellent in business. Zhou Liwen understood Chambers's intentions very well, and after thinking about it, he nodded and said: "In addition to guaranteeing the ownership of our products, other conditions can be negotiated." But there is one, they need partial ownership, then they have to take money in exchange, and they have to make concessions to open funds or something. ”
"I understand, I will make a plan first, and then I will show you after the two sides have discussed." Liao Yuancheng understood it at one point, and immediately replied with a smile.
At the same time, at the headquarters of Scopa not far from them, Div, the CEO of Scopa, was dumbfounded by a report on expenses, clutching his small head, and even wanting to throw it in front of him in pain.
"Bruce, what the hell is this? You sue me! What the hell is this! ”
Holding back his anger, Diff glared at the Chinese in front of him and asked, this Chinese is the right-hand man of Sun Dong's research laboratory, and it is said that he is also a relative of Sun Dong. However, the kinship relationship of the Chinese is too complicated, and Div cannot understand the generation. However, he knew that this Bruce was a relative of Sun Dong, and he was also one of Sun Dong's most trusted people, with a clear position within the company, and was responsible for the actual work of the research laboratory, and Diff rarely dealt with him as the CEO of the company.
However, dealing less doesn't mean not dealing at all, because it's not a good thing for Bruce to show up every time. Nine out of ten times came to ask for funds for Sun Dong. Since 1999, when Scopa sold off its core subsidiary, the company has been in financial trouble. In the past few years, Diff has been tearing down the east wall to make up for the west wall, struggling to support this once glorious IT company, and finally alleviating the bad financial situation.
Moreover, for more than a year, due to the cooperation with Zhou Liwen, Div's life has been much better with orders from chip factories. It is for this reason that he also has the confidence to refuse the request for a huge acquisition not long ago. In his opinion, Zhou Liwen's mobile phone empire has gradually formed, and in the future, the entire company can be maintained only with mobile phone chip orders, and if the company can open a good fist product, it is not impossible to revive the former glory of Scopa.
But who would have thought that as soon as he rejected the huge accumulation on the front foot, this damn bruce on the back foot popped up, and brought a financial report that made him angry. In this funding report, the research office asked the company to invest 100 million US dollars in the start-up fund, and maintain a capital investment period of two years or more, so that Sun Dong and the research office can develop the latest video compression system. This report made Diff angry, although Scopa relied on this line of rise, but the problem is that with the development of science and technology, this kind of research is no longer as potential as in the early years, according to Div's view, at present, it is taking the opportunity to manufacture mobile phone chips for Zhou Liwen to open peripheral products for the mobile phone market, in order to catch the big ship that is about to sail, rather than clinging to the old ship that has sunk.
What's more, as soon as the research laboratory opens its mouth, it will be 100 million US dollars, and it will be 200 million US dollars in two years. If this money was fine when Skopa was thriving in the early years, the key is that the entire company can only barely maintain it, except for the profits of the chip company, most of the company's other businesses have basically come to a standstill, where can I get this money.
"This is what Sun Dong meant." Facing Div, who was about to erupt into fire, Bruce calmly pushed his middle finger through the glasses resting on the bridge of his nose and replied.
"No one's meaning works!" Def said angrily: "$100 million, do you know what it means to pull out this money for the whole company?" I am the CEO of the company and I am responsible for the company! You go and sue Sun Dong, I don't agree with this plan, I don't agree! ”
"Okay, in that case......." Bruce didn't tell either, nodded, and took a few steps forward to retrieve the report from Div, but he said a word before leaving: "Mr. Div, I can take the report back, but don't forget that although you are the CEO of the company, this company is Sun Dong's company, and he has the right to spend his money wherever he wants." ”
"What do you mean?" Diff raised his head suddenly, but the other party had already walked towards the door, watching Bruce open the door and disappear in front of his eyes, Diff, who could no longer control his feelings, reached out and swept all the things on the table to the ground, stomped his feet and scolded: "bastard! stupidjerk! stupidid1ot! ”
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