Cang Yaozu came to Citigroup this time to do the patent layout, he gave Yang Chongshan four projects, the first project is a U disk, the second project is mp3, the third project is a micro hard disk, and the fourth project is the CRBT business platform.

The patent layout and technology research and development of these four projects are the things that Cang Yaozu values most in the near future. If there's one more, it's music copyright. Citigroup and other countries' music copyrights also need to be negotiated by Ge Liqin and the team.

Yang Chongshan and Ding Lin have already started to study how to carry out patent layout with several lawyers trusted by Ge Liqin today, and Ge Liqin will also work with them today to do these patent layouts, but although the contract for the acquisition of hotmail was drafted, she still followed.

During the acquisition process, both sides of the transaction will have some needs, and Ge Liqin will come over to see if there will be any changes, and 25% of Defengjie's shares will also be dealt with. For the second time, DFJ acquired a 10% stake at a low price, and succeeded in causing serious dissatisfaction between Shabir Bhatia and Jack Smith, Hotmail's lack of development funds is a fact, but DFJ's robbery is also very annoying to them, which is one of the reasons why the two plan to sell hotmail.

In fact, it is very common for venture capital companies to do this, and everything is for profit. Some Internet start-ups are indeed very innovative, but no enterprise can survive by innovation alone, and must have sufficient development financial support. The reason why ICQ agreed to Cang Yaozu's investment is because there is no capital, and the operation and maintenance and promotion of ICQ will be very difficult, after all, it is a new thing.

It is well promoted, and there is no operation and maintenance cost. If the promotion is not good, then even the users will be gone. It's all wrong left and right, and the fault is that there is no money. And the limelight is naturally for the sake of interests, how to maximize the benefits, this is a very realistic problem, but De Fengjie has gone a little too far, which is also because Shabir Bhatia and Jack Smith know too little about this capital market.

Shabbir Bhatia currently has about 40% of the Hotmail equity, and he will get $32 million, which may not be as much as the $100 million he got from Microsoft in the original time, but he also took several times less time, after all, he has been in business for less than a year, and the yield is still very high, after all, the company has not been in operation for 5 months. So he was very happy with the price.

Shabbir Bhatia and Sanjay Tra communicated for more than ten minutes, well, using Melissa's mobile phone, and he was still using the pager. Shabbir Bhatia returned the phone to Melissa, and then thought to herself, when the money arrived, the car and the phone must be matched first, and now it would be too embarrassing.

Letting go of the eagerness and joy of the counterattack in his heart, Shabir Bhatia hurriedly said to Cang Yaozu: "Boss, Sanjay Tra wants to meet with you, they are indeed developing very hard now, they have sold some stocks in the market, but it is okay to maintain the development of the company, and it is completely useless to build their own chip factory, I feel that they are not small, they want a lot." ”

"It's not scary to be ambitious, but I'm afraid they're not ambitious enough. What did he say, where to meet?"

"Sanjay said to go directly to Milpitas and their company, on the one hand, to have a visit, and on the other hand, Dr. Avery Harari wants to talk to you about it. Boss, this company was founded by Dr. Avery Harary, Sanjay Tra and Jack Yuan, all three of them are immigrants, Dr. Avery Harari is from Israel, Sanjay Tra is from India, and Jack Yuan is of Chinese descent and is from your Treasure Island Bay. Shabir Bhatia introduced the general situation of the three founders of Shengdi.

"Well, Wanwan is still very strong in semiconductors, and in recent years, the main relocation place of the semiconductor industry is Wanwan. The semiconductor industry in Sakura Country is lonely, but Citigroup has not risen much, but it is not as good as day by day, opening a factory in Citigroup is simply a crime, your big union here is really overbearing, and the cost problem does exist, and the transfer of the semiconductor industry is irreversible. ”

Cang Yaozu invited Shabbir Bhatia to sit in his car, just now everyone has initialed the agreement, as long as De Fengjie does not object, hotmail belongs to Cang Yaozu, which makes Cang Yaozu very happy, as for whether he wants to sell hotmail to Microsoft or take it in his hands to operate and go public, he has not yet made up his mind. Of course, no matter what, it is necessary to bundle hotmail and icq for promotion, hotmail's mailbox system needs to be upgraded under the guidance of Cang Yaozu, and then it is developed into a Chinese version of the mailbox system, this Chinese email will be a free email business, and it will also be bound to the Chinese version of icq, well, the Chinese version of icq will be renamed QQ at the appropriate time.

The e-mail business is a little thin, and there is no good profit model, it is still difficult to list alone, in China, it will become the first portal of China, the portal and the mailbox business together, and then listed on the NASDAQ. On Citigroup's side, Cang Yaozu didn't have the intention of making another portal and then going public with hotmail, it was too troublesome, and icq's future competitors must have AOL and Microsoft, so he won't provoke Yahoo for the time being.

Speaking of icq's competitors, in fact, Yahoo has naturally been moved in the field of instant messaging, I believe that Yahoo Pass will be pushed out in 1999 even if it is late, Microsoft and AOL will not lag behind, which is also the reason why Cang Yaozu spends a lot of money on users at this stage, social software has his unique user stickiness, Cang Yaozu must let icq achieve a large enough lead, only in this way can he calmly face the competition of several giants, the food in each field is not delicious, you must face a strong opponent, and then win, in order to really grow up。

Everyone drove towards Milpitas, a core city in Silicon Valley, where Intel and Cisco are located. Citigroup's highways are fairly developed, and it takes a quick drive to get here. Shengdi is also here, and the current Shengdi is still inconspicuous, which is also the reason why Cang Yaozu may succeed in the acquisition, if he waits until he grows larger, it will be completely impossible, even if Cang Yaozu comes up with a very high purchase price, there will be many restrictions.

Now is an important layout period for Cang Yaozu, of course, this is also the stage when Cang Yaozu is most short of money, he can only go crazy mortgage, crazy gambling, let himself completely become a big loser, a worker who works for banks and big capitalists, and then, patiently waiting for the day to turn over, Cang Yaozu believes that that day will not be too far away.

If it develops step by step, Cang Yaozu can't come up with the money to acquire these companies, but fortunately, Cang Yaozu remembered about private equity funds, and there are financial elites like Melissa to help him. In addition to the $600 million loan that Cang Yaozu got from Melissa's stepfather Mr. Wild Sr. and his friend Charles Koch in a high-yield VAM agreement, Melissa raised $500 million in the name of the two billionaires participating in the investment, of course, in addition to borrowing, the two billionaires did invest 50 million each to Panda Capital.

Cang Yaozu invested all the 600 million loans into Panda Capital, and the acquisition of Hotmail and Shengdi will also be funded by Panda Capital. He personally does not appear on the list of shareholders or on the board of directors. Jack Smith will be the CEO of Hotmail in preparation for a new Hotmail revamp and a wave of promotional activities in conjunction with icq.

Hotmail is about to undergo a metamorphosis. If the acquisition of Shengdi can be successful, Cang Yaozu will also keep 5% of Hotmail's shares for Shabir Bhatia, and then pay him 30 million cash, which is a small reward.

When passing by Intel, Cang Yaozu was still a little weak-hearted, he laid out the lithography machine and chip market, and gave Yang Sizheng the idea of doing a chip foundry factory, planning to carry out a number of cooperation with the weaker AMD to fight against Intel, of course, if he can take over Intel's business at the same time, no one will not take it, look at the follow-up development, Lao Yang will definitely be able to.

Dr. Avery Harari is a physicist, founder of SanDisk, and an academic who has a deep understanding of flash memory technology. SanDisk continues to grow by providing customers with NAND flash memory in the form of flash memory cards.

Cang Yaozu and Dr. Avery Harari entered the meeting, the two shook hands tightly, Cang Yaozu expressed his admiration for the doctor, and then everyone visited the office area and laboratory of Shengdi together.

Finally, he came to a conference room, and after a short greeting, Cang Yaozu said to Dr. Avery Harary: "Doctor, I admire your many inventions and patents in flash memory technology, which has greatly promoted the development of flash memory, and I hope to acquire 60% of the shares of Shengdi and inject 200 million US dollars in cash to promote Shengdie to build its own flash memory fab." ”

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