Chapter 112: Asia financial crisis
The major investment banks and financial investment companies in the United States are naturally interested in ICQ. Of course, some multinational companies in Europe and Asia have also expressed that they will participate in ICQ's B round of financing.
The board of directors represented by CEO Visg, of course welcomes it.
The main purpose of Icq's financing is to attract powerful allies from the global market, so that ICQ can gain more support in countries outside North America.
You know those companies, although they are not as powerful as Microsoft and Goldman Sachs, they are in the country and region where they are located, but they have a huge presence in the economic, political and other fields, and they have their participation. Naturally, ICQ's globalization strategy can develop more rapidly.
Microsoft: "Support for share expansion!"
Goldman Sachs: "We also support share expansion!"
News Corp: "But there is a problem, that is, how many shares will be offered this time."
Sequoia Capital: "No matter how the shares are diluted, we at Sequoia Capital will follow suit to ensure that our shares are not diluted."
HP: "On the issue of the B round of financing, we decided to make additional investments. Hope Xi has more equity in icq."
Amazon: "Don't bully me, this new director. Anyway, we decided to follow suit."
There is no doubt that representatives of the six major shareholders, including Microsoft, all expressed the need to make additional investments to prevent dilution of shares.
Dilute proportionally?
Ha ha!
Of course, the representatives of the six major shareholders would not agree.
So what's the problem?
They don't want their shares to be diluted, so the only thing that can be done is to dilute the shares of Zhu Ke and the founding team of ICQ.
The six major shareholders are all strong parties, and Weisge and others are weak. Of course, they will be the big ones for the shares raised in this financing. However, Wisger and others, including Zhuke, will receive a large amount of cash.
After several meetings, it is finally decided that icq will take out 30% of the shares.
...
June 30th.
On this day, icq's Series B financing was officially completed.
The speed is simply staggering!
It is mainly the development speed of icq, which is very popular in the market. In order to obtain shares, investment representatives from all over the world are simply not hesitating to spend their money. Big companies such as Dell, Nintendo, Citi, French First Bank, European Phillips Group, etc., have joined in one after another. Can it be unhappy?
In this round of financing, icq’s original shareholders, only Goldman Sachs and News Corporation’s holdings, have increased a bit, while the shareholding ratios of other shareholders have declined to varying degrees.
Microsoft, in the B round financing project, it is the most fierce clamor, but the actual reality is that it gave up part of the shares without hesitation.
This has increased the vigilance of multi-party shareholder representatives.
Bei said with a bald head: "What is Microsoft doing?"
Zhuke frowned and said: "Maybe Microsoft is going to exit, you know, Microsoft has a monopoly on computer system users around the world. Once they turn on their instant messaging software, ICQ is likely to fall into Netscape's end."
"Ok!"
Bei's bald head nodded solemnly, "According to Microsoft's usual eating habits, they must have this idea, so it is completely wrong to say that I bought a stake in icq this time! Zhuke, you bastard, I regret it."
Zuke said that he will never give you a chance.
In the original time and space, shortly after the advent of icq, Microsoft noticed the cake in the field of instant messaging. They wanted to enter the market immediately, but they were starting a browser war with Netscape, and there was no extra energy at all.
But!
The situation is different now!
Microsoft's IE browser, with its huge number of users and rogue means of forced installation, suppressed Netscape's living space in one fell swoop. It is only a matter of time before Microsoft wins this battle.
In other words, once Microsoft achieves a full victory, when they vacate their hands, they will inevitably enter the instant messaging market.
"In the original time and space, MSN instant messaging was born under this situation!"
"Microsoft's rogue methods, just ask if you are afraid!"
Of course, the ICQ with multiple allies is not as easy to bully as the original time and space. As for the war in the instant messaging field, who will win in the end, Zhuke, the traverser, cannot predict.
But, it’s not Zhuke’s turn to worry about it!
12%!
This is the current shareholding ratio of Zhu Ke in icq company.
The shares have been diluted a lot, but the market value is still very valuable.
"If I wait until ICQ is listed, even if the shares are diluted again, my net worth will rise again because of the value of this part of the shares!" Zhu Ke thought.
Especially the current stage of investors' crazy pursuit of the Internet!
Therefore, Zhu Ke has great confidence.
In the late 1990s, global investors were crazy and blind when it came to Internet projects.
"Internet company myths" continue to appear, stimulating investors time and time again.
In 1996, Yahoo! was officially listed on the Nasdaq. In just a few years, its stock price has increased by an incredible 64 times, and its total market value has reached an astonishing US$45 billion;
Amazon, the online bookstore founded by Jeff Bezos, has created another myth.
The company’s stock was listed on the Nasdaq on May 15, 1997. In the following year and a half, the company basically did not make any profits, but by the end of 1998, its stock price rose by 230%. Months later, it has risen by 400%, and the total market value has reached 40 billion US dollars!
crazy!
The market is completely crazy!
At this stage, even if you don't have a company office address, even if you don't invest a penny, as long as you have a more detailed Internet high-concept plan, you will definitely be able to get the investment!
Of course, there is no shortage of money scams.
Generally speaking, as long as the performance of Internet companies ~www.wuxiaspot.com~ in the late 1990s, their market value has skyrocketed.
"e TOYS toy is one of the most well-known representatives!"
E Toys, was established in 1997, and its main business is to sell various toys through its own website.
During the Internet boom in 1999, the company’s stock was listed on NASDAQ. The total market value reached 8 billion US dollars as soon as it opened, which greatly surpassed the 6 billion US dollars market value of the time-honored toy company R-Toys, which shocked the entire industry.
However!
In fact, the latter’s business performance is much higher than the former!
In 1998, the former’s sales were only a mere 30 million U.S. dollars, while the latter was as high as 11.2 billion U.S. dollars, almost 400 times that of the former. In terms of profitability, the former lost 28.6 million U.S. dollars in 1998, while the latter was profitable. 376 million US dollars.
The fundamental difference between the two is so great!
The stock price is upside down!
precisely shows how the rationality of investors in the Nasdaq market at this time has been missing.
"Go crazy!"
"The crazier I am, the more I will make!"
"Whether it’s the 12% of ICQ’s shares or the 2% of Yahoo’s shares I hold, there will be countless gains in this crazy feast."
"Of course, before the arrival of the dot-com bubble, we must withdraw and leave."
Zhuke kept thinking about it.
Of course, thinking about it will pass. This is not a recent event. Now Zhu Ke’s main business is to deal with the Asian financial crisis.
Opportunity!
An opportunity to make Zhu Ke's wealth skyrocket again!
The second update of "" is sent.
