Rebirth of the Age of Wealth

Chapter 465 Messing around

"Chairman, this is the signed contract. Tomorrow, together with the final quotation letter, it will form the official contract text!"

On the morning of the third day after Li Weidong came to San Francisco, in Jiang Zhili's office, he finally heard from Zou Yi that a node of this work was completed.

"I would like to briefly report to you that there are seventeen companies that finally reached an agreement with us. Here is a list of companies. You can take a look at it later!"

"These companies are basically relatively large-scale asset management or investment companies, as well as two private equity funds. Of course, Yahoo is also among them!"

"In order to give them enough time to consider the quotation and to have time to prepare the performance guarantee, we have relaxed the deadline for quotation to 12 o'clock tomorrow!"

"Before twelve o'clock, each company's quotation and performance guarantee will be submitted together, and they will be informed that they only have one chance. This is an official document, please review it!"

"Here are the templates that we have translated into Chinese. Except for the company name, the rest of the content is the same." Zou Yi put a stack of documents on his desk.

Li Weidong looked at the list summary table at the top. Although it was printed in English, there were handwritten translations next to it.

Seventeen companies, in alphabetical order, include the three giants in the asset management industry: Navigation Group, BlackRock Group and State Street Group. This is Li Weidong's target company.

At this point, Li Weidong's stock sale is basically stable. With so many companies involved, it is estimated that the possibility of these shares being "unsold" is very small.

"Yes, we have finally made a lot of progress. You have worked hard too. You can take a break for the time being. After tomorrow, you will have a complete rest!" Li Weidong flipped through these documents casually.

In the past two days, Zou Yi led them to negotiate with these companies one by one. The main reason is that the time and proportion of money transactions are different. It is understandable that it is difficult for so many companies to unify.

Otherwise, there would not be only 17 companies left now. There were originally more than 40 interested companies, and more than half of them were eliminated just because of payment problems.

Of course, most of these companies are probably prepared with nothing in mind, taking out a 10% performance guarantee, obtaining the ownership of these stocks, and then selling them to fulfill the contract.

It's a beautiful idea, but everyone is smart. Li Weidong has a team of dozens of experts. How could he not see through their tricks and agree to such a request?

Zou Yi smiled bitterly and said: "It can't be that easy. As of twelve o'clock tomorrow, there are only more than twenty hours. We still have a lot of work and preparations to do!"

Zou Yi looked bitter on the face, but actually he was very excited in his heart. No matter who he is, he will not be calm when facing such a big project. This is probably an event that will go down in history.

Once it is achieved, the media will definitely promote it with overwhelming publicity. After all, investment returns of hundreds or thousands of times cannot be heard of or even experienced at any time.

"Haha, then after signing the contract, we will give you time to take a vacation, and the company will reimburse the expenses!" Li Weidong said with a smile, not feeling embarrassed at all.

After this matter is over, Li Weidong will definitely pay out a bonus, whether according to convention or company regulations. For such a big deal, the bonus will definitely be quite large.

However, bonuses are bonuses, and benefits are benefits. The difference between the two is indispensable, and Li Weidong was present in person, so he naturally received additional preferential treatment.

"Then I'll thank the chairman in advance for them!" Zou Yi said with a smile on his face. He thought it was good to take a vacation at public expense. It was relaxing and comfortable and he didn't have to spend his own money.

"By the way, several executives from Yahoo want to meet you and hope to have dinner with you!" Zou Yi said as if he had just thought of it.

Based on Zou Yi's understanding of Li Weidong, it would be difficult for people like Yang Yuanzhi to realize their ideas. It might be possible to meet him, but it would be more difficult to invite Li Weidong to dinner!

Sure enough, Li Weidong waved his hand and said: "I'm not Buffett. Why are we having dinner together? They are also participating in tomorrow's quotation. It's better to avoid suspicion. Then I'll treat them to tea tomorrow afternoon!"

Zou Yi wondered: "Buffett, what does it have to do with him?"

At this time, although Buffett was already known as the stock god and his strength should not be underestimated, he was far behind compared to Li Weidong, the stock god.

Li Weidong picked up a newspaper and handed it to Zou Yi. There were traces of pencil translation on it. This was when Li Weidong saw this person's profile picture and was bored and translating it for fun, when he came across an advertisement promoting Buffett's auction lunch.

Fortunately, the newspaper is for the public and the words used are relatively simple, otherwise Li Weidong would have trouble translating.

"The opportunity to share lunch is auctioned to help the homeless and poor in the San Francisco area. This guy has a really special mind!" Zou Yi took a look and said.

Zou Yi could easily read it without Li Weidong's translation, but the content inside seemed a bit strange. What kind of person could he do this?

Who do you think you are? If you want to donate, just donate directly. It’s not that you don’t have the ability. You have to package yourself up when donating. It’s too high-profile.

"How clever is this? He can kill two birds with one stone. He can not only increase his popularity, but also increase the reputation of those who invite him to dinner. He can also do charity without spending any of his own money!"

Li Weidong said with a smile that he remembered that several Chinese big names in later generations invited Buffett to dinner, and the various benefits they brought were very generous.

Even at a certain period of time, who could brag about having a meal with Buffett for a long time, but the actual content of the conversation is unknown.

However, Li Weidong couldn't understand that Buffett was not a reborn person, so how could he know the future direction and what was there to talk about? If he engaged in this, he should have a better future than this man.

It's just that Li Weidong is not a high-profile person, and this thing really can't raise much money. How much money can be auctioned for one meal is not as much as what he makes in a day.

"It won't raise much money, and the number of people who can help is limited. It's too suspicious of a show!" Zou Yi shook her head and said. She has been in contact with Li Weidong for a long time, and her personality has become low-key.

"As long as it's charity, it's okay to be high-profile. As long as it's real money and your own money, and it doesn't insult others, it's okay to show off!"

Li Weidong is a person who likes to argue, and he especially likes to argue with beautiful women. Although Zou Yi is older, his charm is still there, and he can be regarded as a beauty.

"You're right, I'm superficial. Then I should inform them that we will be in this office at two o'clock tomorrow afternoon?" Zou Yi stopped talking about this topic and returned to the original question.

"That's it. I think the tea here at Laojiang is pretty good. I didn't expect a person who grew up drinking coffee to be quite knowledgeable about tea. There are all kinds of teas!" Li Weidong pointed to a cabinet opposite and said.

Zou Yi also followed Li Weidong's fingers and looked over. Sure enough, there were various tea leaves and tea sets inside.

"What's good for the superior must be good for the inferior!" Zou Yi said from the bottom of her heart. Of course, she couldn't say this. No matter how familiar they were, she had to pay attention to her sense of propriety.

"Okay, I will notify them to come over!" Zou Yi nodded, and then said, "I have a personal opinion, I wonder if I can express it?"

"Then don't say it!" Li Weidong said with a smile. Naturally, he would come out with such insulting words.

"Since you have met the management of Yahoo, why not also meet the management of the companies you are optimistic about?" Zou Yi ignored Li Weidong's refusal and said directly.

But I have also learned that from now on I will never ask whether I can or am not here anymore. If I ask, I will just say I can't or am not here. If I have something to do, just say it directly.

Zou Yi also just read the news that Buffett was going to auction for lunch and thought of it. Others took this opportunity because they wanted to get some investment tips from this investor.

Compared to Buffett, Li Weidong is even more powerful. If Li Weidong can value these companies, he must have his own judgment.

If we could communicate with these management teams and give them some guidance, could it also be a catalyst and help them avoid detours?

Zou Yi didn't know about other things, but those companies in Li Weidong's country were able to develop so rapidly. In addition to continuous financial support, the most important strategic direction was no problem, and these were all determined by Li Weidong.

This shows that Li Weidong has no chance to prove how powerful his execution ability is, but his strategic vision must be accurate.

Li Weidong deliberately kept these companies, which shows that he is relatively optimistic about these companies. In this case, why not make an appointment with their management.

As the company's major shareholder, even the major shareholder with veto power, Li Weidong has the right to put forward his own opinions on the company's strategic direction, and the company must also consider it carefully.

There are not many companies that Li Weidong has circled, and most of them are in Silicon Valley. There is even a small company called Google that rents downstairs from them. It is easy to meet them.

Even if Amazon is far away on the other side of the continent, with the status of the major shareholder of Peking Capital, if they are asked to come over, there is no reason for them to refuse.

After all, in the growth process of these companies, Peking Capital has provided them with valuable funds and development opportunities. In addition to business cooperation, it is more like their god.

Li Weidong pulled out a list from his temporary desk, which included several companies that he had specially marked this time. These were leeks that could be harvested later.

Apple, Amazon, NVIDIA, and Google are all among them. Of course, there may be many more awesome companies, but Li Weidong in his previous life can't remember them.

And it cannot be that all the remaining companies are great companies, otherwise there is no way to explain how he has such a very precise investment ability.

Peking Capital is a venture capital company that invests in start-up companies. It rarely participates in investments in listed companies. That is the matter of Oriental Fund, but the small number does not mean there are no exceptions.

A few years ago, by chance, when Apple was in its lowest decline, Peking University Capital bought 8% of Apple's shares and became a shareholder of Apple. This is why Apple can appear in the list of companies invested by Peking Capital.

reason.

Seeing these lists, Li Weidong thought for a while and still refused, "Forget it, they all have their own core businesses and core competitiveness. As long as they don't mess around like Yahoo and make random acquisitions, there will definitely be no problem in their development!"

Li Weidong doesn't want to be known as a godfather or mentor, and future history proves that he can do it well, but it may not be possible without his intervention.

Besides, he has sent directors to the boards of directors of these companies. If there is any matter, he can contact the directors directly, and there is no need to engage in this trick.

As for being able to meet people from Yahoo, it was entirely out of gratitude to them for creating so much wealth for him, 20 to 30 billion in capital, so I have to be grateful.

And there is another reason, everyone will break up in the future, let's get together and have a break-up tea together, so that you don't remember to hate me in the future, it can be regarded as the end of this fate.

Zou Yi nodded and agreed with Li Weidong's statement. The management team of a company with a market value of hundreds of billions of dollars was described as a fool in Li Weidong's words. He didn't know what this group of high-minded management would think.

Of course, to be honest, Zou Yi doesn't have a good opinion of Yahoo's management. In fact, this kind of situation can be seen everywhere in Silicon Valley, a paradise for entrepreneurs.

Entrepreneurship has encountered an unprecedented explosion of technology stocks. An inconspicuous company can be touted by capital into a company with a valuation of hundreds of millions or billions.

For entrepreneurs, going from almost nothing to becoming a billionaire in a very short period of time is not an exaggeration.

If a poor person, or a person who is not very rich, becomes a rich person too quickly, and huge wealth suddenly becomes easily available, it will be very scary.

If you can control it, the money is yours. If you can't control it, the money is not yours, and it will cause serious problems for you.

There are not many people in this world who are as calm about wealth as Li Weidong. The rapid arrival of wealth will make people lose their awe of the world and even lose their reason.

Look at the current bosses of technology companies. They walk around with their nostrils turned upward. They buy luxury cars and mansions. The luxury cruise ships docked in the San Francisco Bay next to them are all full.

I don’t know if one day the stock market crashes and stock prices fall, how will they end up with the consumption power they gained in advance by relying on stock pledges.

Yahoo seems to be even more serious. The opinions of its major shareholders no longer matter. Peking Capital has stated that it does not support Yahoo's acquisition of Broadcast.

However, the final board of directors still approved it, of course, part of the reason was a little trick played by Yahoo.

This is also the main reason that most insiders believe that Peking Capital withdraws from Yahoo this time. Of course, this is what Li Weidong wants others to think.

The multi-billion dollar acquisition, based on Yahoo's size, has not yet reached the red line of major asset acquisitions accounting for 50% of total assets or 50% of total revenue.

Therefore, in theory, no vote is required at the general meeting of shareholders, but if the amount is relatively large, the company's articles of association require the approval of more than two-thirds of the votes of the board of directors before it can be passed.

Yahoo currently has 11 directors, and according to regulations, Peking Capital has three seats on the board of directors.

There were ten directors present this time. Another director was unable to attend due to illness and did not entrust someone else to vote on his behalf. He was deemed not to participate in the board meeting.

So the board of directors becomes a ten-person voting system. As long as seven people vote in favor, it can exceed two-thirds, and the other seven people happen to vote in favor.

The final result: Ten members of the board of directors participated in this meeting, which met the legal requirements. Seven votes were in favor, more than two-thirds. The vote was valid and the acquisition resolution was passed.

If the non-participating directors are deemed to have abstained, then the final result should be 7/11 and it is not passed, but that is the nature of the articles of association, and there is nothing they can do about it.

Even if they think there is something fishy, ​​there is no evidence, and according to Li Weidong's request, they voted to abstain, not to vote against, so what else can be pursued.

Despite this explanation, Zou Yi has already concluded in his heart that this is an example of Yahoo's disrespect for its major shareholders, and it is more accurate to mess with this definition.

Of course, even so, in Zou Yi's heart, it is still a bit regretful to quit Yahoo. After all, Yahoo's momentum is so good now that there are almost no opponents. However, no one can change Li Weidong's decision.

At twelve o'clock at noon the next day, in Jiang Zhili's office, Li Weidong looked calm, but his movements of looking up at the clock from time to time revealed his inner anxiety.

Working people are the most glorious. Happy Labor Day to everyone!

(End of chapter)