Chapter 1341 The record of Mingxiang Ventures (He, the master of the blade dancer!)
For a person like Xiao Qi, wanting to be with his wife and children all day long and having fun at night is a very luxurious thing.
Even in Japan, Xiao Qi had to answer at least 30 calls a day. This was the result of him instructing all supervisors to handle the calls as best he could.
However, for example, the research and development of Dreamstars, the phone calls of wives, etc. are also responsibilities that cannot be shied away from.
It has been more than two weeks since Tang Mingxiang returned to the United States, and the negotiations with Face Book have gone smoothly.
Little Meiji is no longer the girl who didn’t understand anything when she first arrived in the United States last year.
After returning to the United States, bearing in mind Xiao Qi's instructions, she immediately went to Facebook's headquarters to discuss the acquisition of shares with Zuckerberg and others.
Although Microsoft, the troublemaker, will not announce its interest in Facebook until the end of September when the U.S. economy continues to be hit, and then push up Facebook's shares, in fact, such negotiations have already been held in June and July.
Then it started.
Fortunately, now that the subprime mortgage crisis has broken out, companies one after another have announced that they have been involved in subprime debt. Although Microsoft was not involved, it was also affected and its stock price fell by more than 10%.
So Microsoft's negotiations came to a halt.
Taking advantage of this moment, Tang Mingxiang opened his mouth and asked for a valuation of 20 billion U.S. dollars, and he wanted as much as he wanted, which made the face-friendly institutional investors and founder shareholders excited.
At this stage, the founder shareholders own more than 80% of the shares - even after the listing, the founder shareholders and employees of Facebook still control more than 60%.
Because I have discussed the issue of valuation with many companies and venture capital companies before, people who use Facebook have never encountered anyone who calculates the valuation of Facebook to more than 10 billion.
Even such a generous giant as Microsoft is still waging a tug-of-war with them in the 9-10 billion range.
It can be said that Tang Mingxiang's bold and domineering attitude directly shocked many of them.
But not everyone is Zuckerberg. Many of Facebook’s founders, shareholders, employees, venture capital, etc., all value money more.
The economy is very bad now, and the stock prices of listed companies are constantly rising.
20 billion U.S. dollars. It’s already half of the selling price of the erotic girl.
Nowadays, Facebook OK is not as big as Cho Girl. Cho Girl alone has more than 50,000 employees and its business covers Europe and the United States, while Facebook OK is just a very good Internet company.
Originally, everyone has a kind of admiration for celebrities, especially Tang Mingxiang, a super talented girl who has a wealth of more than 30 billion US dollars at the age of 19. Everyone has an American dream of getting rich, so psychologically, Mei Ji has
received great recognition.
Not long after, the founder, who gave up the American citizenship that Chinese people dream of in order to avoid paying high taxes, sold 8% of his 10% stock to Tang Mingxiang's Mingxiang Venture Capital.
Then his bank account immediately had 1.6 billion US dollars in cash. The speed was so fast that the people watching were stunned - in the American acquisition case, after the acquired company went bankrupt, the purchase price to the former boss had not been paid.
The costs are simply everywhere.
With someone taking the lead, it was much easier to handle. In the next few days, Tang Mingxiang received a total of 28% of the shares. She has become the largest shareholder besides Zuckerberg.
Then, amid Zuckerberg's anxiety, Tang Mingxiang met with Zuckerberg again and introduced Xiao Qijiao's second trick - a dual ownership structure.
That is, all the stocks purchased by Tang Mingxiang will be consistent with Zuckerberg's opinions on any occasion. In terms of the company's decision-making behavior, all the shares owned by Tang Mingxiang grant Zuckerberg irrevocable agency rights.
—Don’t doubt it. In his previous life, starting from the end of this year when Microsoft bought shares of Facebook, Zuckerberg did this every time Facebook expanded its shares. Anyone who didn’t want to get out of here! That’s why he can be like that
Firm control over face waves is ok.
Facebook OK is still in its infancy. Zuckerberg has this idea, but it has not yet been fully formed.
When Tang Mingxiang said this systematically in advance, Zuckerberg suddenly understood, and then sold 12% of his shares to Tang Mingxiang, leaving him with only 38% of Facebook shares.
Anyway, the development of Facebook OK requires a lot of money. With such a major shareholder who takes advantage of him, Zuckerberg feels that many of his plans can be carried out as quickly as possible.
As a result, Tang Mingxiang's shares suddenly increased to 40%, becoming the largest shareholder.
Tang Mingxiang herself felt quite happy because Xiao Qi said that the company's market value after listing was at least US$150 billion. Now he has spent US$8 billion to buy something worth US$60 billion. It's great!
But she did not stop the pace of acquiring shares in Facebook. She still showed off her name in a big way and bought the shares from anyone who was willing to sell shares in Facebook.
Hearing this news, Microsoft CEO Ballmer regretted it, but 10 billion is already the maximum authority given by the company's board of directors. If he wants to apply for 20 billion U.S. dollars or even more valuation funds, then the entire process will have to be completed at least
One or two months.
This is the disadvantage of a bloated company!
Ballmer is very envious of people like Tang Mingxiang who have huge amounts of cash in their hands!
Apart from this, there was no obstacle to Mingxiang Venture Capital's acquisition of Zappos. Although Xie Jiahua felt that he could make Zappos better, but Tang Mingxiang offered a cash acquisition price of 600 million US dollars, plus a promise not to interfere in Zappos affairs.
In the end, Xie Jiahua still knelt down, and Zappos became 100% owned by Mingxiang Ventures, which was half cheaper than Amazon’s US$1.2 billion acquisition two years later.
In fact, based on the current market conditions, if Tang Mingxiang works hard, it is estimated that he can still negotiate for around US$400-500 million.
But Tang Mingxiang's style is to hit the target with one hit. She doesn't like to waste time and miss opportunities, so directly offering a price that others can't refuse has become her hopeless secret skill. (To be continued, please search Piao Tian Literature, novels are better.
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ps: I’ve seen a lot of monthly tickets from brothers these days, and I’m happy and distressed at the same time! Dear friends, the monthly tickets will be doubled tomorrow. Then please hit the scholars with even more fierce fire! Also, write a book to check
Only by looking at the data can we realize how many opportunities we ordinary people have missed. For example, Penguin was listed in Hong Kong with a market value of only a few hundred million, but now it is worth hundreds of billions! If our brothers could buy thousands or eight hundred shares back then, wouldn’t this be great?