Chapter 16: The Gun Shoots the Bird
"Chris's plan, I also support it." Li Zhaojun expressed his support for the plan to invest in the energy sector, "but you can't lack liquidity here, the stocks of the three major domestic portals have now increased dozens of times, and I think it's time to play a role." ”
The most poisonous woman's heart! This is a word that popped out of Chen Bo's mind for the first time.
The three portals of Xilang, Suhu, and NetE, were in the worst time of the Internet bubble. B&P went out to sweep the goods. Although there are only 5%-9% of the shares, they are obtained at a very low price, and they are the largest shareholders of ordinary liquid shares, but they do not have voting rights.
At that time, the lowest share price of the network E company, the lowest was 65 cents a share, 01 in the fourth quarter through the wireless value-added business began to make a profit, after the launch of "Fantasy Journey to the West" into the online game industry after the revenue went to the next level, the stock price has soared continuously, and now it has reached more than 40 US dollars a share, more than 60 times more than the beginning!
Even if the stock price of Xilang Network was $1.2 at the time, it is now $55, which has increased 45 times. And at that time, it only took millions of dollars to buy these stocks.
Once all of them are sold, it will inevitably have a serious impact on the stock price, and the short-term decline is certain, which not only suppresses competitors, but also obtains huge profits. This is a plan to kill two birds with one stone, so Chen Bo has this idea.
"Well, let's sell the shares of Speed Fox first, he has the highest market value and holds the most stocks, so let's take him first! In this way, almost 150 million funds can be returned. After the pharmaceutical stocks are closed, they will first invest in oil futures, this time I support your judgment, less than $140 a barrel, don't let go! ”
“140? How dare you think, O God! Chris thought he would be resolutely opposed, but now not only did he not deny it, but also drew a big pie for him, $140 a barrel is the rhythm of heaven, unless OPEC is poor and crazy and wants to cut production.
"In the process of economic development, it is inevitable to consume a lot of energy, which is normal!"
War is only one factor, but the strong rise of the BRIC countries is indeed consuming a lot of energy, oil can not only be refined, but also derived from many chemical products, bringing more added value, and oil is a non-renewable resource in the short term, and it is normal for prices to rise.
After listening to Li Zhaojun's advice, Chen Bo instructed Chris to start the operation, and the speed fox network has always been the most trafficked Chinese website. It is also known as the first Chinese portal, and it is involved in B2C e-commerce, and it is an operation game, and it is very wild to play, who do you fight if you don't hit? Dr. Zhang is ready to suffer a wave of losses in the capital market.
"Sister Jun, you have to help with Lenovo's acquisition of IBM's personal PC business unit, I have already talked to Liu Chuanzhi, but there is a funding gap of 700 million US dollars. We can take the opportunity to take the shares of Legend Holdings, but if we can't do it, we will temporarily go to the bank to borrow it, this fat meat must be bitten down, there are no realizable assets yet, the shares of Network E and Xilang are not moved for the time being, and there will be opportunities in the future. ”
"When I met you three years ago, I never thought that the boy who repaired computers was so ambitious." Li Zhaojun sighed.
"People have no ambition, what is the difference between them and salted fish." Chen Bo said with a smile.
"The Oscars are at the beginning of next month, and when I go for a spin, I can't run away with hundreds of millions of dollars." Depp leaned over at this time and said, "Those actors are all stupid masters with a lot of money, just that Nicolas Cage and Johnny Depp, you say that they are famous enough, and they were deceived by some small investment companies." ”
It's no wonder that Cage, the big actor, has only received bad movies since he won the Oscar, and he didn't even pick the script, but he turned out to be short of money. The salary of his level starts at tens of millions of dollars, and it is enough to eat and drink two films a year, but I really didn't expect to have such a painful experience.
"Okay, remember to get two more tickets when the time comes, and I'll go around." Chen Bo continued.
"Just let Jeffrey take you in, his face is more reliable than the ticket, I'm going to accompany Kate to the red carpet!"
Depp's eyebrows are dancing, and there is no one who is forty years younger.
B&P doesn't need Chen Bo to worry too much, now with the addition of Li Zhaojun, the whole system is more perfect. Isabella followed her dad in New York and would only move to California for the second half of the school year to be cared for by Li Zhaojun, so he didn't stay long in San Jose before returning to Sunnyvale.
When I went back, I passed by Yahoo's hundreds of acres of work park, and the purple logo looked a little dull in the sun, but I don't know what the people inside thought of his new neighbor.
"Here's some information collected, take a look." As soon as he returned to the company, Liu Qing handed over a stack of documents.
"So fast?" Chen Bo was surprised, it won't be perfunctory to me.
"There are specialized consulting companies in the United States that eat this bowl, and their database can cover almost every company in Silicon Valley, even if you are a small studio with only a few people. These are all screened, and some that don't quite match are filtered. ”
"That's a good dare, it saves a lot of trouble."
There are intermediary companies to buy houses and cars, and acquisitions and mergers and acquisitions are common business methods in the economically active United States.
Chen Bo took it and looked at it carefully, the data are very complete, and there are also professionals who have made an objective assessment under the information of each website, how much the company valuates, the management structure, the projects operated, and the prospects for development are explained in a relevant list.
The evaluation of Rotten Tomatoes is obviously not high, mainly because the positioning is vague and there is no clear business plan. The founder's management team is a group of Chinese Americans who have graduated from college not long ago, and this kind of people are commonly known as ABC, that is, Chinese born in the United States, and there are also people named banana, who are yellow on the outside and white on the inside.
Since 2000, it has received an angel investment of 1.1 million US dollars, and then it has been held up until now, and no one cares, the whole team has 13 people, and the valuation given is 6 million to 8 million US dollars, and the probability of successful acquisition is still quite large.
This kind of small website, in addition to Rotten Tomatoes, also has the professional social network LinkedIn, online bookmark Delicious, etc., the valuation does not exceed tens of millions of dollars.
But the one that attracted him the most was a small but distinctive artificial search engine, and it was the only website in the pile of counterparts: Ask Jeeves. Somewhat similar to sites such as Tencent Ask and Baidu Q&A, Ask Jeeves is designed as a natural language engine that answers user questions. When searching, it first gives answers that may be in the database, followed by links to websites. As a result, the correct answer in the database becomes a key factor for search engines to gain a foothold.
Founded in 96 years, it has been 7 years, and the logo with a white label on a red background plus an uncle with a Mediterranean hairstyle is also affectionately called "Zhisuo".
This kind of relatively outdated and unique search website actually had a revenue of nearly $100 million last year, and the NASDAQ had a market value of $9 billion at its peak, and the market value of the NASDAQ was 780 million, accounting for 4% of the market share of the search market.
After thinking for a long time, Chen Bo put this information aside, he can't afford this company at all now, lack of money is one of the factors, and he wants to buy it at least 1 billion yuan at a premium if he wants to collect it privately. And you have to lay off a large number of employees, and a large amount of termination money is uncomfortable enough.
A manual search is nothing more than piling up a bunch of boring data clerks to update the questions of users on the site, even though it seems that the company is nice and is also in Sunnyvale, and it is its own neighbor.
"Let's talk to these companies first." Chen Bo handed over the selected materials to Liu Qing, and said, "Let people make a model of ants and put them at the door, the kind that is more than ten meters high, it should be cute and sexy!" ”
“…… Where can an ant feel sexually? ”
"Use your imagination, since you're here, you have to move out all the time, and you can't be sloppy in your image!" Chen Bo touched his chin and said with a smile, "I will hold a press conference on a certain day, launch a takeover offer to Ask Jeeves, and let William do it." ”
"Are you crazy?! What to buy now? Liu Qing said with a puzzled face.
"If the acquisition is not successful, it will not be acquired." Chen Bo didn't care about it, he didn't plan to buy it, and it was still feasible to brush up on his sense of existence if he had nothing to do.
Of course, there is also a certain guarantee to really launch a takeover offer, you have to have the ability to pay, if any company jumps out and shouts that I want to buy Microsoft, I want to buy GM, it is not enough for them to be annoyed. Generally, a certificate issued by a bank is submitted, which can be a depositary certificate or a bank credit.
Some acquirees will even require the acquirer to provide a deposit, and it is not uncommon for you to have to pay a sum of money if the acquisition is not successful.
Chen Bo is just going to build momentum now, since you are all starting to play big, then I can't be standing outside the circle and living alone, anyway, I just announced the intention to acquire, and stirred up this chaotic rivers and lakes a little more.
Williams. Pratt has now been named CEO of Ant Search's North American region, a rare black executive in Silicon Valley and even in IT circles. Don't look at the geek elite, engineers, and even presidents in Hollywood blockbusters, they may all be black, but in fact, they are really rare in the elite. Those are just a banner for politicians to promote freedom, equality, and cultural export.
Black technologists in Silicon Valley may not even be 3 percent, and there are only white people here who are Asian faces.
Chen Bo's original intention was to use Williams to set up an inspirational banner, and a probationary employee who was abandoned by Google is now in a high position in Ant Search through his efforts, and can also show the outside world a more open and inclusive corporate culture within the company.
Innovation, freedom, equality, whether you are white or indigenous, Asian or black, you can realize your dreams at Ant Company, not only to let others discover that the original yellow-skinned Chinese can also be so good, but also to help others to achieve themselves.