Chapter 973: Preparation for Listing

The call with Ruth lasted for more than an hour, and the microphone was hot before it ended.

On the phone, Song Chaoyuan carefully inquired about many things about Netscape, some Ruth knew, and some Ruth didn't fully understand because of the hurry, but the basic situation was communicated through Song Yuanchao's heart.

At present, Netscape has begun to seek cooperation with capital because of the problem of funds, and the ultimate purpose of capital cooperation is nothing more than two, one is to find capital investment, and the second is to seek listing.

Regardless of what it is, it represents that the development of Netscape has entered a critical stage, and from the current enthusiasm of capital for Netscape, the success of this company is already doomed, and what is even more surprising is that capital is very optimistic about the prospects of Netscape, which can be judged from the valuation given.

Capital is not a fool, especially with a company like Microsoft as an example, Netscape is only a small company that has just been founded, but its potential is obvious to all.

Microsoft became famous by relying on the DOS system, Bill Gates has now become a rich man known to the whole world, with Netscape's current share and development speed in the browser, if you can invest in Netscape at this time, then once Netscape is listed, maybe it will be the second Microsoft, even if it can't become the second Microsoft, it will definitely have a huge profit.

Faced with such a situation, Song Chaoyuan couldn't help but be moved. He even wanted to call Zhang Hao immediately and tell Zhang Hao that you are not short of money? It doesn't matter if you're short of money, you can find me! There is absolutely no problem for him to invest in Netscape, let alone millions of dollars, even if it is easy to invest tens of millions of dollars.

But as soon as the phone was picked up, Song Chaoyuan hung up the phone again.

Lighting a cigarette and smoking silently, Song Chaoyuan thought about how to obtain some benefits from Netscape, and at the same time ensure Zhang Hao's interests.

It's okay for the Song Dynasty to invest in Netscape money, but this is not domestic, this is investment in the United States, as a Chinese businessman, even if there is a company in the United States, it is not so easy to intervene in it.

The power of capital is powerful, this is not more money than anyone else, not to mention that although Song Yuanchao is a rich man, it is still nothing compared to the huge and profound capital in the United States. What's more, the United States is not the home of Song Dynasty, in the United States and capital competition, Song Dynasty Yuan has no chance of winning, and may even be suppressed because of Song Dynasty Yuan's intervention, once such a situation occurs, not only will it not be beneficial, but it will also affect Shenghua's industry in the United States.

Shenghua's company in the United States is nominally unrelated to Shenghua's headquarters and exists independently. But the Americans are not stupid, no matter how well you cover up some things, it will be easy for the United States to really check them. In the case that the interests are not touched, the capital side can not take you seriously, but when the interests are touched, then the result is completely different.

Therefore, it is no longer appropriate for Song Chaoyuan to intervene in Netscape at such a time, once he does this, for example, it will attract the attention of those capitals who are staring at Netscape, and target Song Yuanchao because of the competition of interests.

Thinking of this, Song Chaoyuan couldn't help but dispel the idea of bypassing capital and meddling in Netscape investment, but he was not ready to completely avoid touching Netscape, as Zhang Hao's brother, Song Chaoyuan felt that it was okay to give Zhang Hao some help in business operations, and he also felt that Zhang Hao really needed this help at this time, if he could get some Netscape shares appropriately in the process of helping, these shares would be better within the tolerance of Netscape and capital.

Song Chaoyuan picked up the phone and called Xiangjiang and contacted the financial personnel of Shenghua headquarters to consult on this matter. The next day, Song Chaoyuan held another internal conference call with the participation of American companies.

The conference call lasted from morning to afternoon, due to the time difference, the United States side was equivalent to an extra night shift, and the parties finally made a decision after discussion, and finally several professionals from the Xiangjiang side flew to the United States overnight, and after arriving in the United States, they met with the team formed by George and Ruth, and then got in touch with Zhang Hao privately.

When Zhang Hao was contacted, Zhang Hao and the others were worried about how to choose, because the three of them except for Zhang Hao, who had a little understanding of business, Mark and Jimmy had never been in contact with business, and now several capitals are competing for the possibility of cooperation with Netscape, the competition is extremely fierce, and the temptation to give is not small, so they don't know how to choose for a while.

Song Chaoyuan's team arrived and took the initiative to contact, which made Zhang Hao very surprised, but he was also relieved.

Professional things are done by professional people, if it is said that Zhang Hao is good at typing code, but it is not their strong point in this kind of business negotiation situation.

The arrival of these professionals made Zhang Hao and them a lot easier from the headache and brain swelling of the business negotiations, and after the contact, they communicated with Zhang Hao and them in detail, carefully asked Zhang Hao and others about the company's ideas and the bottom line of cooperation, in addition to some specific situations of Netscape Company, and gave several options for these.

In the face of the plan proposed by professionals, Zhang Hao and Mark, Jimmy discussed, and asked about the pros and cons and details of each plan, after getting a detailed answer and explanation, the three of them discussed behind closed doors for a whole day, and then the three finally reached an agreement, chose one of the plans and put forward several modification requirements in the details, the team immediately modified, and after the finalization, began to communicate with the capital that intends to cooperate on behalf of Netscape.

After repeated meetings and contacts and continuous discussions, half a month later, some capital with insufficient strength or too low price was kicked out one after another, and finally left three capitals with similar conditions.

The strength of these three companies is not much different, and they all belong to the leaders in the investment world, two of them also have the background of securities firms and banks, while the other also has its advantages, and the background in the business and political circles is very strong.

After more than 40 days of constant meetings and bargaining, a definitive agreement was reached with one of the capitals, which would inject Netscape at a premium of $15 million and acquire a 33% stake in Netscape.

This capital injection ratio is much higher than the previous valuation of Netscape, which is valued at $50 million. At the same time, Shenghua America also injected 2.5 million US dollars in the same proportion of capital and obtained 5% of the shares, which was recognized by the three founders of Netscape and the capital, which can be regarded as the greatest benefit of Song Dynasty's aid.

Because of the injection of capital, the equity ratio of Zhang Hao and others has also decreased accordingly, before the establishment of Netscape Zhang Hao accounted for 60% of the shares because he was an investor, and Mark, as the main technical staff and the core figure of the browser, accounted for 35% of the shares, as for Jimmy was originally with Zhang Hao and Mark to join the company, so the proportion of shares is the lowest, only 5%.

Now, the entry of capital has made their shares thin, Zhang Hao's stake has been reduced from the initial 60% to 31.5%, Mark's stake has been reduced from the previous 35% to 20.7%, and Jimmy's stake has been reduced from 5% to 3.8% now because he originally held not many shares.

In addition, the remaining 6% is held by Netscape's technical team and administrative staff, respectively, and is distributed according to their respective abilities and the importance of the team, as well as the order in which they joined the company, with the highest being around 0.7% and the lowest being more than 0.15%.

After the capital investment was completed, Netscape's cash flow was much more abundant all of a sudden, and the company's development obstacles caused by financial reasons were no longer a problem. Then Zhang Hao and others increased the investment in the research and development of the product, when the second month of absorbing capital, Netscape updated the new browser version 2.0 launched, the new version of the browser is more powerful than the previous version 1.40, and even added the preview web page function in the browser, this function can be said to be a cross-era function, in addition to having the function of sending emails.

After the new 2.0 version browser was updated and launched, Netscape's market share and the number of users suddenly exploded, which made the capital that had just been injected ecstatic.

At the end of 1994, Netscape has become the well-deserved boss of the browser, more than 90% of the entire browser market is Netscape, the number of global users is growing by leaps and bounds, with the huge increase in the number of users, Netscape began to have real benefits, although this income from Netscape as a whole is not much, the first formal profit of the income is only more than 600,000 US dollars, but you must know that this is the profit of the Internet era, and in the second month has not completely passed, the income has exceeded nearly one million, made the netscape as excited as if it had been beaten with chicken blood.

At this time, the listing of Netscape has come to fruition, and the original purpose of capital investment is to make a profit from the listing, and now is the best time to go public.

In 1995, just a few days after the Chinese New Year, the listing time of Netscape has been determined, compared with the history of Netscape listed on August 9, 1995, now Netscape is listed a lot earlier, the listing time is set for February 22, February 21, Zhang Hao, Mark, Jimmy and others specially flew from California to New York, and stayed in the Palace Hotel in Manhattan, because they are going to ring the NASDAQ tomorrow.

Among the three, Zhang Hao is a well-deserved core, although Netscape was established because of Mark's technology and initial products, but to really build the company, and transform the original technology into products and achieve today's achievements, Zhang Hao is an indispensable part of the three founders.

This point, even Mark, whose technology is better than Zhang Hao, has to admit it, because without Zhang Hao, Netscape would not be what Netscape is today.

Unfortunately, tomorrow's bell ringing is accompanied by Mark on behalf of the company, Zhang Hao and Jimmy as founders. For this, Mark felt a little sorry for Zhang Hao, because in his heart Zhang Hao is the person who can really represent the company.

However, although Zhang Hao felt a little regretful in his heart, he expressed his understanding of such an arrangement, and he in turn comforted Mark and Jimmy, who was indignant about himself, and persuaded him that no matter who rings this bell, isn't it the same? And Mark is the soul of Netscape, the first browser was proposed by Mark and completed on his initial basis, Mark is fully qualified to ring the bell on behalf of the company.