Top of the big era

In the next few days, Zhou Buqi followed Liu Qing, Zhen Yu, took Ning Yaxian, and visited several giant companies in Silicon Valley, such as Intel, Nvidia, Oracle, Adobe, Cisco, Chevron... …

There are three feelings.

Caucasians are really friendly, warm and generous, whether they recognize each other or not, they greet each other as soon as they meet, and entertain guests as if they were hosts.

There are really many Asians, almost accounting for half of Silicon Valley.

Black people are really rare and almost invisible.

These established technology companies are not the same as Internet companies. Companies like Google and Facebook are emerging, and the infrastructure is not yet perfect. These companies are different. They are already very mature and have done a good job in all aspects, especially the employee benefits.

For example, Nvidia has specially recruited masseuses, yoga teachers, and meditation teachers. When employees are tired from work, they can go to massage, acupuncture, yoga, and self-meditation.

After Zhou Buqi left, he said with deep emotion: "When our headquarters park is completed, we can recruit a group of masseuses to relax the employees."

Ning Yaxian couldn't help laughing, but due to her status, she couldn't say much.

Liu Qing was a little amused, "Massage?"

"Well! It's a big business."

"Is it regular?"

"I would like to engage in an informal one, and the money will come in faster. Hehe, while paying wages to the employees, at the same time, the money will be recovered through the massage business... Oops, this set is like the Golden Triangle, guaranteed to be rich. Gotta bleed."

"A profiteer!"

Zhen Yu, Liu Qing and Ning Yaxian all laughed together.

Zhou Buqi said disapprovingly: "What kind of profiteer is this? Is the routine operation good? It is just that the influence of informal massage is not good and cannot be advocated. If it is changed to another form, it will become the mainstream."

"what?"

"Stocks! For example, Huawei pays tens of billions of dividends to employees every year, which will seriously affect cash flow. What should I do? While paying dividends, a new phase of equity subscription plan will be proposed to allow employees to share the dividends. When the money is bought back into stocks, the funds will flow back into the account. For example, only 20% of the dividends distributed to villagers in Huaxi Village will go to the villagers, and 80% will be returned to Huaxi Group in the form of reinvestment. Like most Internet companies with good benefits and high wages also rely on option plans to allow employees to subscribe for their own stocks, so as to achieve the purpose of cash flow retrospective.”

Of course Liu Qing understood, she pondered: "Ziweixing's options are priced too low."

In Ziweixing, the subscription price for internal stocks is 10 cents.

For an executive like Xu Liangjie who has received 10 million options, it only costs 1 million US dollars to exercise all the options, which is simply too cheap. Based on Ziwei Star's current market valuation, the value of a single share is at least $3.

Zhou Buqi waved his hand and snorted: "The company suffers a small loss and distributes benefits to employees, so that the company can be competitive in attracting talents. With me here, Ziwei Star does not need to suck the blood of employees to maintain cash flow."

Liu Qing said angrily: "You can!"

Ning Yaxian was secretly surprised, she felt that Miss Liu was amazing, she had such a different background, she dared to speak with Boss Zhou in such a tone.

Putting it on Ziwei Star means that Shi Jinglin dared to do this.

Zhou Buqi laughed and said, "You are the God of Wealth, and I have to rely on you."

"Depend on!"

"Pay attention to quality."

"I think you need to develop a credible CFO."

"What's the meaning?"

Liu Qing said: "Wang Haoyang should not change for the time being, but you can change the chief financial officer, pick one with good qualifications and ability from the Big Four accounting firms, and let him join me in Ziweixing's A round. In a few years, Wang Haoyang can be replaced as CFO, the financial system will not be chaotic, and the management structure is also very stable."

Zhou Buqi nodded, "Well, let's do this."

...

By October 8, the details of the acquisition plan were finalized.

Zhou Buqi desperately needs cash, and Google doesn't want the YouTube team to get cash. You might run away if you get the cash, or you can trap these people with stocks.

After several discussions, it was finally decided.

The acquisition was completed for $50 million in cash plus $1.6 billion in stock. Based on Google's closing price of $420 the previous day, a total of 3.8 million Google shares can be exchanged.

Among them, Ziweixing received 50 million US dollars in cash, plus 274,000 shares, and the lock-up period was 3 months.

Zhou Buqi can personally get 393,000 shares. Among them, the lock-up period of 26,000 shares is 3 months, and the lock-up period of the remaining stocks is 12 months.

In other words, the biggest concession made by Google is to lift the ban on up to 300,000 shares within 3 months.

For the founding teams of YouTube, the lock-up period is longer, ranging from 15-36 months.

Plan achieved!

Then, there will be a buffer period of 3 days.

Give investors, Google's board of directors, and the YouTube team a second thought and financial and legal review time. If something goes wrong during this period, the agreement can be canceled without liquidated damages.

If there are no problems after 3 days, then the news can be announced to the world.

Google bought YouTube for $1.65 billion!

Then, formally report the acquisition to the Federal Trade Commission and the Department of Justice, and file a merger application.

This process will take approximately 1 month.

In fact, it is mainly antitrust review. As long as there is no antitrust risk in this transaction, it can basically pass. If it is foreign investment and foreign acquisitions of domestic companies in the United States, the Committee on Foreign Investment will intervene, and there will be a more complicated review mechanism.

If it passes the review, the merger will be considered to be truly effective in the legal sense.

If it fails to pass the review, the acquirer will be judged to be in breach of contract in a legal sense.

That is, Google defaulted.

At that time, Google will pay YouTube a huge liquidated damages.

At present, Google's acquisition of YouTube does have hidden dangers of monopoly.

Google is the largest search platform and YouTube is an emerging video platform. Combining the two...Google will definitely direct more traffic to YouTube, its own platform, thereby causing injustice to other video sites.

However, in the stage of vigorous development of the Internet, relevant departments will turn a blind eye and turn a blind eye, conniving the birth of Internet giants.

In short, Zhou Buqi heaved a long sigh of relief when the plan was achieved.

I'm in a good mood!

There are some discrepancies with the expected, but the problem is not big, it can be solved!

That night, Zhou Buqi held Ning Yaxian in his arms, on the big bed in the hotel, tossing and turning, forever and ever.

A woman of this age is really tough.

If it was Wu Yu, she would have cried a long time ago. If it was Shi Jinglin, she would have already punched and kicked her. Wen Zhixia, who was replaced by Wen Zhixia, had long since stopped talking with a cold face.

Ning Yaxian is different, charming in every way, as obedient as a kitten, tactfully crying, and always encouraging and praising him like provocative: "Master, you are awesome!"

Those who make Zhou Buqi babble, will lose in the end.

I stopped pretending to be a master, and just fell asleep.

The next day, Zhang Chaoyang came back from Wall Street.

When we met at the coffee shop in the hotel, Zhou Buqi said straight to the point: "The case of Google's acquisition of YouTube has been completed, and the news will be announced in two days."

"How much?"

"$1.65 billion."

"How many?"

Zhang Chaoyang's eyes were wide open, and his jaw almost fell to the ground.

Zhou Buqi sighed: "The quotation is quite high, but I didn't get the cash."

Zhang Chaoyang almost jumped up, "Such a big offer, what if you want cash? How much did you say? Ziwei Star holds 10% of the shares?"

"right."

"$165 million! If you pay half of it, you can buy Sogou."

"Actually, there are more."

"Um?"

Zhang Chaoyang frowned.

Zhou Buqi smiled, there is no need to hide too much in front of Lao Zhang, "I also personally hold 10% of the shares."

"You personally?"

Zhang Chaoyang was dumbfounded.

Zhou Buqi nodded and said, "However, the lock-up period is a bit long, 12 months, and the ban will not be lifted until October next year."

Zhang Chaoyang said in a daze, "You are richer than me!"

Zhou Buqi laughed and said: "That's for sure. You travel around every day, and you don't care about the company. It's not a matter of time before I surpass you?"

Zhang Chaoyang said angrily: "So you hid it so deeply! I thought you were so poor that you poured money into the company. Fortunately, I also helped you book air tickets and hotels. I will change it later! I will go out later. , you book for me!"

Zhou Buqi laughed loudly, "No problem! If we come out together in the future, I will cover it all! Even if you go to any irregular place, it will be counted on my account!"

Zhang Chaoyang repented and said: "If I knew it earlier, I would have insisted on Sogou's offer of 100 million US dollars, and I was cheated by you again."

"80 million dollars is not a lot!"

"You have cash?"

"No."

"Then what to do?"

Zhou Buqi said: "Two options, first, I will transfer part of Google's stock to you to replace Sogou."

"unnecessary!"

Zhang Chaoyang refused without hesitation, he was not interested in other companies at all. Moreover, cashing out of stocks in the United States requires a 20% capital gains tax. His offer to Sogou has dropped from US$100 million to US$80 million, which is already a 20% discount, and he can't be fooled anymore.

Zhou Buqi was a little funny.

I feel that Lao Zhang is really a very comfortable person, and he doesn't take any risks.

Don't even look at the current situation!

The second spring of the Internet, the global bull market!

When the news of the successful acquisition of YouTube comes out, Google's stock price will definitely rise sharply, and it is definitely more beneficial to take shares than cash. Unless it is a serious shortage of money like Ziweixing and has to cash out.

Zhou Buqi said: "Then the second plan, Sogou's case will be implemented as scheduled. However, the funds are owed first. The stocks in Ziweixing's hands are locked for 3 months. The ban will be lifted before the Spring Festival. Cash out, I'll pay the fee again, what do you think?"

"3 months?"

"Um."

"Yes." Zhang Chaoyang nodded, and glanced at him again, "But don't play tricks. If you don't pay after 3 months, the board of directors will jump, and I can't help you."

Zhou Buqi said with a smile: "I have a guarantee of credibility, you can rest assured!"