It cost $350 million to acquire a stake in Facebook, and it would only cost more to acquire Twitter.

US$1.8356 billion sounds like it will take a few lifetimes to spend.

But when it came time to use it, Li Zhenyu only hated the missing zero before the decimal point.

"Currently, the highest offer received by Twitter is 230 million."

"If there is no higher offer, will Facebook take any action?"

"No, Microsoft is interested in contacting us, but the price offered is not satisfactory."

"Claire, how much do you think we should pay?"

Li Zhenyu had a rough number in mind, but he still wanted to hear what others thought.

Claire cheered up and thought that the offer of 380 to 400 million was the most suitable.

But when I think about the huge difference between the price I quoted for Facebook and the actual amount...

Claire bent down in disinterest, "How about 4...500 million?"

She judged that the offer for Facebook would not exceed US$20 million.

The truth is, $20 million is just the beginning.

The quote for the big speaker was 140 million, which happened to be an increase of 20 million. It was also the first one to be eliminated.

If he really filled it out as he said, no one would be in the mood to enjoy champagne, cigars, chat and laugh and fly to San Francisco to make the next investment.

500 million should be enough...

The rise of the IT industry has confused Claire's understanding and judgment of money.

When was the unit of measurement of money based on billions?

Could it be that the financial crisis that is happening outside is fake?

"As you said, after landing... Yingjun, you will be responsible for submitting an offer to Twitter."

"Okay, brother." Zhao Yingjun nodded with a smile.

"Has PD Park contacted you? How is the distribution negotiation going?"

Negotiations with Colombia are still continuing, and PD Park almost stayed in the studio and refused to leave.

There are several other companies, the most sincere is Paramount.

"Where's MGM?"

"They were very interested, but they didn't have the money."

It’s hard for a good woman to make a living without rice, and MGM is heavily in debt and is looking for money all over the world to save its life.

If we really hand over "Parasite" to them, there will be no problem in its distribution.

A skinny camel is bigger than a horse. MGM's channels and connections are still there, but don't think about publicity.

If it is released directly, how much box office it can win depends entirely on the quality of the film itself.

An overseas film from South Korea without any promotion...

Li Zhenyu gave up the idea and instead thought about ‘could he take the opportunity to win the operating rights of MGM.’

Providence Equity Partners holds 29%; Texas Pacific Capital Partners holds 21%; Sony USA holds 20%; Comcast holds 20%; DLJ Commodities Bank Partners holds 7%;

Sifang Group holds 3% of the shares.

This is MGM's current equity structure, and the company's debt is about $4 billion.

If Li Zhenyu is willing to reach an agreement with creditors on the grounds that he is "responsible for paying off debts", he will join forces with shareholders to reorganize the company into bankruptcy.

Is it possible to seize the magpie's nest by issuing additional equity and obtaining part of the equity and operating rights, and become a world-class film giant through backdoor borrowing?

As soon as this idea appeared, it took root deeply in his mind.

"Claire, what's the name of your baby-faced assistant? I need to talk to her in person."

When such a big case was handed over to a junior lawyer who had been in the industry for less than half a year, Claire once again lamented, 'This world is really crazy.'

But the case she has to deal with is also worth hundreds of millions of dollars.

Even if she wanted to withdraw, she had no time, so she could only repeatedly remind her of the important part, "Less debt, more equity, and outsiders are not allowed to interfere under any pretext."

Claire also knew that this request was a bit excessive, but fortunately the boss had his own ideas.

"Time, if the debt cannot be paid off within 5 years, the shares and management rights will be returned, and the company will voluntarily resign."

This is the answer given by Li Zhenyu. Without this answer, why would the other party believe him?

MGM, which used debt to acquire one of the eight largest companies, only promised to turn losses into profits without any time limit.

If he forces the company to go bankrupt and is put into custody, he can then use his equity to get a share of the pie.

All the benefits are given to him alone. Where in the world can such good things come from?

…

"Li, congratulations on your successful investment in Facebook. This is an excellent investment."

When I met Evan Williams in San Francisco, he acted very proactively, as if he had been waiting for his arrival for a long time.

"Ivan..."

"Call me William, that's what my friends call me... We are friends, right!"

Li Zhenyu smiled slightly and accepted the friendly gesture from the other party: "Of course, William... you already know the purpose of my coming here."

"Yes, come for it." Williams pointed upward, where Twitter's computer room is.

Li Zhenyu nodded and said: "Tell me your conditions!"

"430 million, all paid in cash."

The conditions laid out by Williams left Li Zhenyu stunned on the spot.

He didn't expect things to go so smoothly, and the team members who came with him didn't expect it to be like this either.

The other party had rejected the olive branch offered by Google and Microsoft before, so why did it change its mind now?

Claire thoughtfully asked, "Does it have to be cash?"

"Yes, all of them." Williams said firmly, this was his only request.

As long as the other party is willing to pay him cash, Twitter is his.

It doesn't matter whether he wants to shut down Twitter, split it up, sell it, or resell it to someone else, such as Facebook's Zach.

Williams doesn't care, he only cares about the money he can put into his pocket.

"We need to discuss it alone, okay?"

Claire winked at him, and Williams spread his hands and said, "No problem, I'm in the office. Call me anytime after the discussion is over."

After leaving the conference room, Williams looked back inside, where Claire was leaning over to explain something to the man.

"Cash, he wants cash."

After staying in South Korea for so long, she almost forgot the powerful purchasing power of cash.

In most acquisitions and mergers and acquisitions, cash payment accounts for only a small part.

Then use stocks, funds, equity/industry/interest exchange, etc. to fill in the remaining shortfall.

Williams is a cautious person, and he knows very well what will happen if he cooperates with these large companies and industry giants.

Count down the founders and teams who received stock compensation from large companies and 'sold' the company to them.

The final outcome is either to be eliminated, or to be marginalized and become a marginal figure, gradually losing their former spirituality and talent, and becoming a useless person.

Among the few who were able to escape unscathed, none of them had a profound background.

He does not have such a deep background, and he is not willing to get involved with big companies, so he has rejected acquisition invitations from giants such as Microsoft and Google several times.

They will only use shares to confuse themselves in the future, just like Google's plan, which promised to become a subsidiary of Google, and they and the founding team can retain 25% of the shares.

With Google's endorsement and support, the company's valuation will jump up and down the stairs.

The stocks in their hands will then be a huge fortune.

Of course, in addition to shares, they will also receive cash compensation of US$5 million.

If things were true as they say, Williams would have sold the company to them long ago.

The fact is that once they give up their management rights and start daydreaming with stocks and money, what awaits them will be multiple rounds of financing, their shares will be diluted, the team will be marginalized, and they will lose any ability to intervene.

Finally, when the company IPOs, it will either be liquidated or hold on to a negligible share of the stock.

It's a pity to throw it away, and it's tasteless to eat!

Once you figure out the key, you will no longer question Williams' proactiveness.

Finally, a 'real moneymaker father' with cash in his hands, if he doesn't hurry up and get on the pole, will he still have to wait for those big liars who can only sell their words?

"BOSS, it's time to bargain."
To be continued...