Chapter 069 Premium, When is the price?
Businessmen seek profit, and no one will have trouble with money.
Teresa Roy's purpose in investing in ins is to make a quick buck, but even he didn't expect that Facebook would value ins so much.
"I always thought that Facebook would use the funds to buy ins, at most, they would give Wen Ming a little bit of a stake after obtaining a sum of money through financing."
In the private jet, Teresa Roy looked at her assistant and said: "But I didn't expect that at Wen Ming's insistence, Facebook was really willing to give them a 2.1% stake." ”
At the last minute of the four-party merger negotiations, Teresa Roy had to fly from New York to Boston on her own private jet, just to see and hear.
"2.1% is a small share, but if it's a Facebook share, it's worth the trip."
While sorting out the information, the assistant replied: "Boss, I don't think Wen Ming will give up this 2.1% share, otherwise, he will not always insist on increasing the proportion of equity replacement." According to the news, Li Jiacheng also sent people to Boston, wanting to see Wenming. ”
Teresa Roy looked out the window and whispered: "It's his choice whether he lets me or not, but it's my choice whether I come or not, as for Li Jiacheng, if he comes in person, I may be worried, but he can't come to the United States in person." ”
Li Jiacheng and Teresa Roy are about the same age, and Li Jiacheng is even older, and it is impossible for a world-class billionaire of this age to run around in person because of a billion-dollar merger and acquisition.
In fact, before today, neither of these two world-class tycoons appeared in the negotiations.
And now, the reason why Teresa Roy was able to come to Boston was naturally because he was very close to Boston, and if Li Jiacheng came to Boston, it would not be a problem that could be solved in an hour or two.
After the plane landed at the airport, the convoy was already waiting in the hangar.
As a world-class billionaire with a net worth of nearly $10 billion, Teresa Roy also has an industry in Boston. These properties allow him to get off the plane and board his own fleet.
The assistant opened the door of the Rolls-Royce, held his hand to the door and waited for Teresa Roy to sit in, and asked, "I suggest you rest for a while before you go to see him, so that we don't seem too eager." ”
Teresa Roy shook her head and said, "Since I came to Boston in person, I have already made my attitude clear, and there is no need to cover my attitude with other actions at this time." ”
The assistant nodded, and according to the previous arrangement, let the convoy go to the suburbs, where Apple's headquarters are located.
When a total of 4 Range Rovers arrived at the entrance of Apple's headquarters with a customized Rolls-Royce, Wen Ming, who was waiting at the door of the company, was a little hot.
"You can do the same."
James stood behind Wen Ming and whispered, speaking of which, with Wen Ming's current net worth, this team is nothing.
Wen Ming smiled and replied in a low voice: "I'm not envious of their cars, but of their people and connections." ”
The doors of the four Range Rovers opened at the same time, and three strong men in black suits and sunglasses stepped out of each car, and these strong men quickly stood on either side of the Rolls-Royce, and then hugged Teresa Roy, who had just gotten out of the car.
When Wen Ming stepped forward, the convoy left the side of the road directly and drove to the parking lot.
"Luckily, I'm in the warehouse area, otherwise, this kind of style would definitely attract a lot of onlookers."
Wen Ming teased, he now has enough confidence when he faces Teresa Roy. Dinosaur blood samples have already begun to be used for research, and he, who is about to take a 2.1% stake in Facebook, is no longer worried about the 'resurrection' dinosaur project being taken directly by Teresa Roy because of the broken funding chain.
Looking at Wen Ming's confident expression, Teresa Roy held Wen Ming's hand very kindly.
"You really surprised me this time."
The two looked at each other and smiled, and then, led by Wen Ming, Teresa Roy began to visit Apple's 'headquarters'.
"It's a little rudimentary."
When Wen Ming introduced, he was not ashamed of his company at all, and Teresa Roy did not look down on those simple glass partitions and relatively cheap office furniture in her heart.
Because the company, called Apple, has achieved a leap from zero to $1 billion in two months.
What more could a young man who was only 19 years old ask for?
Only the game division, as well as the two product divisions of the ins department, Apple, naturally do not need long to visit. Other departments such as human resources and finance are also not necessary.
In a conference room, Wen Ming and Teresa Roy sat opposite each other, while the others waited outside the conference room.
James, standing at the door of the conference room, held his head high, wanting to compete with the strong man wearing sunglasses next to him.
"It must be that my clothes are too loose today."
James looked at the 4 strong men in black suits, and the 8 strong men waiting outside the company, and maybe the drivers of the 5 cars, and suddenly had a very strange idea in his heart.
"Can these dozen or so people bring down everyone in our company? Do you want to remind Wen Ming and let him recruit a few security personnel? I'm also a member of the $1 billion club, so how can I not have security guards? ”
When James was thinking about some messy things, Teresa Roy in the conference room spoke directly without any politeness.
"I can buy your Facebook stake at a premium of 80 percent."
The premium is higher than the market price, according to Facebook's current valuation of $24 billion, after the premium of 80%, Facebook's valuation is equivalent to $43.2 billion. The 2.1% Facebook stake in Wen Ming's hands is worth $900 million.
Instagram itself can only be sold for $1 billion, and if the current negotiation conditions are followed, Wenming can get $400 million in cash and 2.1% of Facebook shares. And Teresa Roy's premium acquisition is equivalent to Wen Ming directly getting $1.3 billion in cash.
It seems, it's a very good deal. But the premise is that Wen Ming does not know the future market value of Facebook, and how can he accept Facebook's valuation of $43.2 billion when Wen Ming knows?
"First of all, I haven't gotten a stake in Facebook yet, and the premise for me to get a stake in Facebook is that they successfully acquired ins."
Wen Ming said with a smile: "Secondly, Facebook's actual valuation itself is more than $24 billion, and the reason why we are quoted like this is because they really need ins, and their valuation will be improved after they successfully acquire ins." According to my calculations, their market capitalization is likely to rise from $24 billion to $40 billion. Because with ins, they are equivalent to occupying the social network market on the mobile phone. ”
"Finally, I want to know, do you want to buy my shares at a premium based on Facebook's existing valuation, or do you want to buy my shares at a premium based on the increased valuation after Facebook's acquisition of ins?"
Teresa Roy laughed and said, "You're really smart. ”