Fang Zhe soon discovered that things were quite different from what he thought. Guo Yurong's trip to the United States had not yet set off. He just communicated with Goldman Sachs on the phone. Liszt came to Songjiang anxiously and found Fang Zhe for a detailed discussion as soon as possible.
"Fang, I think you have made a business misjudgment. IBM is not as urgent as you think. They still have disputes about whether to retain the notebook project. The current quotation is the result of a comprehensive commercial weighing. That's what I said
It means that IBM believes that their quotation is actually not very watery."
After the meeting, Liszt expressed it sincerely. It was not that Fang Zhe had not expected it, but that he wanted to fight for it with a little hope. So Fang Zhe said this to Liszt: "We will export some benefits to certain individuals.
Isn’t that okay?”
"IBM has a board of directors. The United States is a mature business society. If it is a government department, there is still a lot of room for maneuver. But IBM is not a government department, but a company. There is another premise here. Feida
The group is a Chinese enterprise, and the self-esteem of the American people does not allow or accept too low a price. With the current quotation, IBM can make a decent explanation to the board of directors. If Feida is an American enterprise, Goldman Sachs has the confidence to negotiate the price.
1.5 billion."
Fang Zhe understood what he meant. In Lister's opinion, the baseline he set was actually the bottom line of an American company.
"But for Feida, IBM doesn't have many valuable things except the brand. I can't spend two billion dollars to acquire something that to me, only the brand is valuable, right?"
In fact, Fang Zhe is still avoiding the important and taking the easy. He is very clear about the value of brands. Many brand products in Western countries have little value in themselves. What is valuable is the brand.
"Fang, be honest. Two billion is the baseline. Let's go to Goldman Sachs to negotiate a bonus of one hundred million or twenty million." When Liszt faced Fang Zhe, he was relatively restrained. For other people, he would probably
I can't come here either. I might even go to see him and ask for him. The reason is because of mutual trust and because Fang Zhe has given me so much.
"Oh, how much do you think we can negotiate?" Fang Zhe was either testing the situation or wanting to know Liszt's abilities.
"It's not me, it's Goldman Sachs. I can't do it with my personal ability. If Goldman Sachs uses its own resources, it's still possible to talk about 1.8 billion, and it won't be difficult to go lower. And you can't give cash, you can only express it in
In terms of the share of financing that must be eliminated, Goldman Sachs executives are very optimistic about this social platform and believe that this platform has unlimited possibilities and its power is disruptive."
Fang Zhe was silent for a moment before saying: "I believe in your sincerity, so I also express my sincerity. If you have to die, the dominance of this company can be discussed in my opinion. As for business, as long as the profit is enough, anything can be done."
talk."
After saying this, Lister's face showed surprise. The higher up Goldman Sachs is, the clearer the potential of this company is. It must die. Don't look at the valuation of 300 million now, and what is certain is that,
Other venture capital will not give a higher price, because there are definitely risks involved, not to mention the influence of the Internet bubble is still there.
It’s really hard to say whether potential can be realized. But if it really has to die, Goldman Sachs won’t say much when it goes public. You can still expect profits of three to five times. For such a company, it can actually
It was very shocking to get the dominant right. How could Fang Zhe let it go? The previous Summit Pictures took the route of AB shares.
Liszt's first reaction was nothing else. From the perspective of normal business logic, Fang Zhe was probably experiencing a crisis of shortage of funds. However, if you think about it carefully, it was unlikely. This guy held the shares of six or seven companies in the United States.
Shares, if you get a loan from a bank, you can lend out at least 7 to 8 billion. Peak Fund has always been very stable and has not used these shares for pledge loans. Otherwise, during the Internet bubble, Fang Zhe could invest more funds and earn more
Naturally it is bigger.
In Liszt's impression, Fang Zhe is a very cautious person in business. If he were an American businessman, he would have mortgaged his shares in the bank for loans and seized the opportunity to make a move. Instead of being as practical as Fang Zhe
During the operation, there was always sufficient reserve funds in hand. According to Lister's information, many institutions had targeted the Peak Fund, and in the end they all suffered a bloody blow in the face of the sufficient reserves of the Peak Fund. Wait until
The trend is rising, but the results for those institutions are not very good.
The financial game itself is a gambling game, and it is leveraged. If someone makes money, someone must lose money. In Liszt's mind, Fang Zhe has always been a guy who is precise in the long-term, cautious in the short-term, and lacks aggressiveness. He is really stupid.
His astonishingly keen sense of touch was blinded.
Lister has even developed a habit. The department he controls is in the financial market and always focuses on the peak fund. The result is that he wins every time, which is so satisfying, okay?
Judging from past experience, Fang Zhe is also a person with a strong desire for control. He can actually consider giving up the dominance without death. This information itself is very valuable.
To sum up, Liszt naturally came to the conclusion that Fang Zhe was too sincere.
We are all old acquaintances, so Lister stopped being pretentious: "1.7 billion, this is probably the limit of Goldman Sachs' capabilities."
"What about a cash transaction?" Fang Zhe asked with a smile. Of course, this is well-founded. After all, they are still negotiating. If the negotiation lasts for half a year or even longer, Fang Zhe will be able to gather the funds.
Hiss, Liszt took a breath, how much money does this guy have? It seems that he needs to re-judge his net worth.
"I really don't know about this. After all, IBM also has a bottom line. Listed companies don't have to be responsible to shareholders, but they have to be responsible to the board of directors." There is nothing wrong with this. Shareholders are like leeks. What right does leeks have to say in front of capital?
?You are so anxious that even the operating platform has been blocked for you.
"I know, I need time to reconsider this acquisition." Fang Zhe hesitated, always feeling that there was no need to spend too much money on the acquisition. With this money, it is better to invest in the research and development of ultrabooks.
There is no doubt that from a business perspective, Fang Zhe wants to acquire the IBM notebook project and complete the research and development of ultrabooks as soon as possible. Feida is not Apple after all, and there are not so many die-hard fans. Even in the domestic market
, there are not many die-hard fans of Feida. After all, it is a late-comer company, and its foundation is far less than the fantasy.
"No problem, I'm not in a hurry to leave. I still have some things to deal with this time." Liszt said with a smile that it was understandable. After all, such a large investment cannot be decided in a few words.