Reborn Xiangjiang as a Tycoon

Chapter 70 Choose to be slaughtered

Two days later.

Wade Thomas of Goldman Sachs contacted Lin Baicheng and said that Microsoft was willing to give up 30% of the shares at a valuation of US$5 million. However, Lin Baicheng could only obtain 20% of the voting rights, and at the same time, US$500,000 of capital was not injected into the company.

, but was distributed equally to two shareholders, Bill Gates and Paul Allen.

If Lin Baicheng is unwilling, then Microsoft's Bill Gates and Paul Allen are only willing to accept a valuation of US$3 million and give up 20% of the shares. At the same time, all this money will be regarded as normal investment and shares, and the funds belong to the company.

.

Obviously, the two shareholders of Microsoft value the company's controlling stake more. Although after giving up 30% of the equity, the controlling stake is still in their hands, but the company will definitely introduce capital in the future, and their shares will still be

diluted, so they have to think about the future.

Of course, they were also lured by higher valuations and obviously wanted to get some cash.

Faced with this situation, Lin Baicheng definitely agreed to obtain 30% of Microsoft's shares at a valuation of US$5 million, but he did not agree to distribute US$500,000 in cash to the two founders, and was only willing to give them US$200,000.

, the remaining US$1.3 million was injected into the company. Lin Baicheng didn't care how much voting rights he had, because no matter what, he couldn't control Microsoft.

With the development of computers, if Microsoft develops according to its original historical trajectory, Microsoft will become increasingly important. How can Lin Baicheng, a foreigner, obtain a controlling stake in Microsoft? The US officials will definitely not agree.

The cost of forcibly acquiring a controlling stake in Microsoft will only be that Microsoft will be suppressed, overtly or covertly, and will not develop to the level it did before its rebirth, and then another company similar to Microsoft will develop.

However, the controlling stake can be ignored, but Lin Baicheng cannot allow the two founders to cash out too much cash, as that would be detrimental to him. Who knows if they will still have entrepreneurial enthusiasm after getting so much cash, and US$100,000 is not too much.

It was a lot, but Lin Baicheng could barely accept it.

In the end, Bill Gates and Paul Allen accepted Lin Baicheng's valuation of US$5 million to invest in the company. They each cashed out US$100,000, which was enough to make their lives a little better.

After going to Microsoft again, Lin Baicheng signed a contract and officially became the majority shareholder of Microsoft.

Similarly, Lin Baicheng only said that he was optimistic about the development of Microsoft and chatted with Bill Gates and Paul Allen, without saying much else. Anyway, he would not interfere in the company's operations and development, and would only dispatch financial personnel.

Move in to prevent Microsoft's development from changing due to his intervention.

After acquiring the shares of Microsoft and Apple, the purchase of gold futures was also completed, and Lin Baicheng's trip to the United States was completed.

Just yesterday, Huo Yaohua from Standard Chartered Bank contacted Lin Baicheng and said that he was willing to sell Li's TV station because of Li's voice, but the price needed to be discussed, so he decided to go back to Xiangjiang.

However, the discovery of the office software market made Lin Baicheng decide to develop office software, so he asked Eric Davis to recruit some software development talents and register a company specifically to build the company's framework.

Come for a while and develop office software.

Back to Xiangjiang again.

Lin Baicheng felt a little emotional. He had flown abroad a lot. After making a lot of money, he would definitely buy a private jet. This would not only save time waiting for flights, but also allow him to have a good rest on the plane without having to do so much.

tired.

Still at the Peninsula Hotel, Lin Baicheng asked Huo Yaohua to have afternoon tea together.

The two of them first chatted about the weather, current news and other topics before getting down to business.

Huo Yaohua first said: "Lin Sheng, we helped you contact Li's Voice in the UK. Because we want to buy the other party's shares, we can't hide your identity. They know that it is Lin Sheng who wants to acquire this TV station.

."

"It doesn't matter, I'm mentally prepared."

Lin Baicheng was not surprised when he heard this. It was normal for the other party to want to know who was acquiring the company, and Li's voice asked. It was impossible for Standard Chartered not to answer, otherwise it would still want to buy the other party's shares.

Huo Yaohua sighed and said: "Lin Sheng, Li's voice was willing to sell the TV station to you, but when the other party knew that you were from Xiangjiang, they opened their mouths and offered a very high price."

"Huo Sheng, please tell me what the valuation of Li's TV station should be, and what price Li's Voice would need to sell its shares to me."

Lin Baicheng couldn't help but raise his eyebrows when he heard this. He was mentally prepared to acquire at a premium, but if the price was too high, he would have to give up temporarily. Either acquire another TVB station, or wait a few years for the Australian consortium to take over.

He then purchased it from an Australian consortium.

The reason why Jiayi TV was ignored is because when JiaShi was established, the Hong Kong government stipulated that JiaShi must be used for TV teaching purposes from 2 pm to 6 pm and from 9 pm to 11:30 pm.

, can only do educational programs.

Educational programs are usually not popular, and people prefer to watch TV series and variety shows. This is the fundamental reason for the collapse of Jiashi.

If Lin Baicheng acquires Jiashi, he will also face such a problem. Although he has some educational programs for future generations in his mind, which may be popular now, the number of programs is limited, and sooner or later he will face this problem. If it takes a year or two

Time develops a TV station, and then the lack of educational programs causes ratings to drop until it goes bankrupt. So what is the point of acquiring this TV station?

Therefore, Lin Baicheng's initial targets were only Li TV and TVB. However, although TVB's current largest shareholder is Li Jia, Shao Yifu and Shao Liushu are also TVB's major shareholders. Shao Yifu wants to switch from the film industry to the television industry. With Shao Yifu

Due to the friendship with the Li family, the possibility of selling the shares to Shao Yifu is much greater than the possibility of selling to Lin Baicheng.

Unless Lin Baicheng can offer a sky-high price that far exceeds the human exchange, but if that's the case, he might as well directly acquire Li's TV station. The equity of Li's TV station is more concentrated, which is more conducive to his control of the TV station.

Huo Yaohua said: "In our evaluation by Standard Chartered, the valuation of Lai's TV Station should be between 110 million and 120 million Hong Kong dollars, but Lai's Voice valued Lai's TV Station at 200 million Hong Kong dollars, and its 61% stake

The asking price is HK$120 million.”

"Probably about 80% premium?"

Lin Baicheng tapped his fingers lightly on the table and began to ponder.

The price was higher than Lin Baicheng expected. The other party really wanted to kill him, which made Lin Baicheng very unhappy. However, the company was in the hands of the other party. If he didn't buy it, it would be difficult for TVB to get it. This was serious.

It affected Lin Baicheng's plan to form Oriental Media Group.

There is no doubt about the importance of media. Having a media group can not only promote one's own products in a positive way, but also avoid having no voice channels when one's own products are slandered.

Also, the social influence he has. Owning a media group will inevitably increase his social status. Many people will definitely consider the impact before offending him, which will help Lin Baicheng's business development.

"Huo Sheng, please contact me and see if the price can be lowered. If it doesn't work, you can contact me then."

Although he was unhappy, Lin Baicheng still decided that being ripped off was the most important thing. Winning the TV station was the most important thing. After all, there were only three TV stations in Xiangjiang, among which Jiashi would go bankrupt next year, so the sooner they were won, the better.

"I'll try my best."

Huo Yaohua couldn't guarantee that Li's Voice was obviously going to kill Lin Baicheng, so he couldn't guarantee that Standard Chartered could make Li's Voice lower its price.

Lin Baicheng didn't force it. It would be best if he could lower the price, but if that didn't work, he would have to spend more money.

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(End of chapter)