Reborn IT Giant
Chapter 309 Cisco Changes
After receiving donations from Zheng Yan and others, Peking University conducted a large amount of publicity on this matter. It was supposed to be a good thing, but it didn't work out as the four people were too generous and were targeted by interested people.
Zheng Yan, Tang Hao and others never expected that because of their huge donations to the school, countless scientific research units would target their "fat sheep". The people who asked for help from their connections were quite polite, and what's more, they directly So he went to the door to ask for donations, which made Zheng Yan and others very annoyed.
For administrative staff in some units, it is easy to say that they can be treated coldly without offending or paying for it. They have no choice at all. However, they did not expect that some old experts who were waiting for scientific research funds began to ignore their shame and rely on Zheng Yan directly. How many of them are there.
The administrative staff may have had some selfish motives in order to gain political achievements, but those old experts were completely dedicated to serving the country, and they could not be dismissed casually. In the end, they gave some symbolic donations to calm the matter down.
After the donation crisis passed, Zheng Yan, who originally thought he could have a few days of leisure, suddenly received a call from Bill Miller. There was an internal problem at Cisco, and Zheng Yan had to board a plane and fly to San Francisco.
"Bill, what's going on?"
Cisco is Zheng Yan's most important investment at present, and Zheng Yan will never allow any mistakes.
"I don't know the specific situation. I just received a call from Leonard. From what he said, he seemed to want to sell his shares in Cisco. Let me ask you if you are interested in taking over. But the specific reason is What, he didn’t say anything on the phone.”
Bill Miller is also a little confused. Now Cisco's performance is booming, and its market value is getting higher day by day. Fools all know that Cisco is a golden chicken that lays eggs, but Leonard, as the founder of Cisco, actually wants to quit.
Although Bill didn't know the specific reason, Zheng Yan basically knew what was going on. Leonard was originally one of the most famous founders who was forced out. Zheng Yan originally thought that with his intervention, the situation would be improved. There will be some improvement. It seems that we still overestimate our influence.
Originally, according to the historical development trajectory, since Leonard and his wife did not have much funds in their hands, after the company was founded, their shares were continuously diluted during several financing processes, and they were allocated to Stanford Some shares, Leonard and his wife do not hold many shares.
Because of Zheng Yan's intervention, a round of financing was conducted at a price that far exceeded Cisco's market value. Not only did Cisco have enough development funds, but it also allowed Leonard and his wife to retain more shares. But now it seems that even if That's right, Leonard can't control the company.
"Forget it, let's talk about it later when we meet Leonard."
Zheng Yan has long known that although Leonard is an excellent technician, he is not a qualified manager. Maybe his departure is not a bad thing for Cisco.
On the other hand, Zheng Yan plans to sell and cash out Cisco's shares when Cisco's market value reaches its peak. If Leonard is still the leader of the company, Zheng Yan will still take some care because of the affection between the two. Now Leonard was about to leave, so this consideration was gone.
Now that Leonard has found Bill Miller
, naturally will not continue to retain Cisco's shares, Zheng Yan is happy to accept it, but for Leonard, Zheng Yan does not want to let him go like this. As for the details, he has to wait until he meets someone.
When I came to Leonard's home again, although it had only been a few months since Cisco went public, Leonard at this time seemed to be a completely different person compared to then, and he didn't look the same at all.
A high-spirited look.
"Leonard, my friend, what's wrong with you?"
"Oh, Zheng Yan, Bill, I didn't expect you to arrive so quickly. Come on, let's go in and talk."
Because of the company's affairs, Leonard and his wife were a little worried, and they were already preparing to sell their shares, so although it was working time, Leonard did not go to the company at all.
"Zheng Yan, Bill must have told you my idea. Santi and I are planning to sell our shares. I wonder if you are interested in taking over?"
Leonard seemed eager to cut ties with Cisco. After Zheng Yan came in, he went straight to the point and expressed his thoughts. As for whether it would affect the subsequent negotiations, he didn't seem to care at all.
"Leonard, to be honest, I am very interested in Cisco's shares, so I am very happy to take over. However, before that, can you tell me the reason? Judging from the current situation of Cisco, I really want to
I don’t see any reason for you to do this.”
"Actually, even if I don't tell you, you will know sooner or later. Although Santi and I are still the company's largest shareholders, we cannot control Cisco. Now Morgridge has contacted other shareholders of the company and handed us over.
Santi has even been fired."
"When I say this, I feel ironic. We are the founders of the company, but Santi was fired. And looking at this situation, I am afraid that I will follow Santi's footsteps sooner or later. Now I have completely lost my love for Cisco.
I have gained confidence and just want to leave as soon as possible.”
It can be seen from Leonard's words that he is very unwilling, but there is nothing he can do.
Although Morgridge did not bring Cisco to the top, he chose a leader for Cisco who would take the company to the top. From this point alone, his ability is not comparable to that of Leonard.
Zheng Yan originally thought that if possible, he would try to persuade Leonard. After all, his technical ability was still very outstanding, but Leonard's words made Zheng Yan give up this idea.
Leonard is not aware of his own problems at all and still firmly believes that his leadership of the company is correct. If such a person continues to stay in the company and holds a large number of shares, it will definitely not be a good thing for the development of the company.
Good thing.
"Leonard, since you insist, I won't advise you anymore. I wonder what your requirements are in terms of price?"
"Zheng Yan, we are friends after all, and I won't hide it from you. I'm not sure what Cisco will be like in the future. You must also know that a change in a company's top management will have a great impact on the company's stock price, so I
I want to take advantage of Cisco’s good stock price and sell it at a good price.”
"Today, Cisco's market value is about 1.4 billion U.S. dollars, and Santi and I still have 24.5% of it.
Shares, if you want to take over, how about we calculate it based on the current market value?"
Hearing Leonard's words, Zheng Yan didn't know whether to cry or laugh. Leonard's confidence was really too much. Even now, he still felt that Cisco could only succeed under his leadership.
Towards glory, Cisco will go into decline once he leaves him. Leonard has never thought about why the company's shareholders supported Morgridge and abandoned him as the founder.
However, Zheng Yan was very satisfied with the price offered by Leonard. Not to mention the acquisition at a fair price, even if the premium was 100%, Zheng Yan still felt it was very cheap, "Okay, you also said that we are friends, so as long as you
The price mentioned.”
Although Leonard's management ability is average, he is a pretty good person. The price he quoted to Zheng Yan originally left room for bargaining, but Zheng Yan unexpectedly agreed.
"Zheng Yan, aren't you worried about losing money in the future? You have to know that this is not a small sum of money."
Hearing Leonard's words, Bill Miller on the side gnashed his teeth. Who is Zheng Yan? Nowadays, none of Zheng Yan's investments have failed, and none of the returns have even been less than 100%. His vision
How can I not be as good as you, Leonard? Instead of worrying about Zheng Yan, it is better to think more about yourself.
If Bill Miller were not working for Zheng Yan, he would want to persuade Leonard to keep his shares, otherwise you will regret it in the future. Even if you want to sell, you will have to sell it at a high price!
"Leonard, you don't have to worry about me. The entire Wall Street knows that I am very interested in Internet-related industries, and I am very optimistic about the future of Cisco. To put it in perspective, even if Cisco fails to manage well and goes bankrupt in the future, it will not be good for me.
It won't have any impact. I'm worried now that you will regret today's decision in the future."
"Okay, let's not talk about it for now. Leonard, what are your plans after leaving Cisco?"
"I?"
Leonard was suddenly stunned. During this period, he had been thinking of ways to compete with Morgridge for power and sell Cisco shares. It was also because he made a hasty decision after losing the fight for power. Regarding his future life, Leonard
Haven't considered it yet.
"I don't know either. Although I have mastered many technologies from Cisco, once I leave Cisco, I will lose the right to use these technologies. Naturally, I will not be able to continue to develop in this field."
"I'm going to take a long vacation for myself first and go out to relax. Since I founded Cisco, I have been busy with the development of the company and haven't had a good rest in these years. As for the future, I may do some investment or charity.
After all, I am no longer young anymore. Even if I still want to continue starting a business, I don’t have the energy anymore.”
Hearing Leonard's last words, Zheng Yan suddenly felt like a hero in his twilight years, and couldn't help but feel a little unbearable. In addition, since he had taken advantage of him so much, he wanted to make some compensation to him.
"Leonard, you also know that I have an investment company. Bill is currently helping me manage it. If you want to develop in the investment field in the future, I can help you. As for the handover of Cisco shares, we can wait until tomorrow.
Bill and you go handle it, I'm tired after a day of flying, so I'll go back and rest first."
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