Chapter 350 Series C Financing
After receiving Barron's guidance, Ivanta devoted himself to the acquisition of DoubleClick with great interest.
By now, Barron has a deeper understanding of some of the women around him...
Well, it's not just the physical aspect, but also the psychological aspect.
Just like Ivanta, it may be related to the environment in which she grew up. Compared to relationships, she pays more attention to her career and is relatively more rational.
To put it bluntly, she knows better what she wants and how to get it.
Doesn’t she want to be Barron’s “real girlfriend”? Of course she thought about it, but when this situation was temporarily unattainable, she was rational enough to know what she should do now and what she should get.
After all, Ivanta is still young enough and is not too anxious about some status matters.
Of course, this is also the premise that Barron's identity and wealth are worthy of her making such a choice.
This time Barron came to the United States with his girlfriend Bonnie, so it was rare to be able to take time to meet Ivanta, and there was no chance to meet the Hearst sisters, but he was also there During the phone call, I tried my best to comfort the two sisters and promised to stay with them well when I came back in two months.
Next, before Barron left the United States, he mainly dealt with the Series C financing of Woaw Technology.
As mentioned earlier, although the number of users of Woaw Technology has grown rapidly, at this period, because smartphones were not yet popular, even IPhones had to wait two or three years, and users still relied on PCs to obtain them, so it reached a certain upper limit. , the user growth rate will slow down.
And in terms of revenue, compared to Yahoo and Google, Woaw Technology's advertising revenue is still far behind. This is also because of the huge investment, so there is still a long way to go before the company becomes profitable.
Now Barron has started to let Woaw Technology's London headquarters and Silicon Valley R\u0026D center begin secret research and development on information flow advertising. When this "sharp tool" can be applied, plus the completion of the acquisition of DoubleClick, it will be integrated. Enter Woaw Technology, that is the moment when Woaw Technology can "kill everyone".
When Barron returned to New York, he met many "guests," including people sent by Google.
DS Capital is now also a major shareholder of Google, holding 20 million common shares, accounting for about 7.3% of Google's total share capital at this time.
In addition, Rich23 Capital also bought 10 million shares of common stock when Google launched its IPO.
In total, Barron's direct control of Google's shares reaches 11%, not including some of the Google shares held by the Mars fund.
Of course, the Google shares held by Rich23 Capital are not publicly owned by Barron, but the Google shares held by DS Capital can still allow Google to use this to communicate with him and join Woaw this time. Technology’s Series C financing.
In addition to Google, other investment institutions including Microsoft and Goldman Sachs are also very interested in Woaw technology.
In this round of financing, Barron’s does not want to release too many shares. He will use up to 15% of the shares for financing, which will include one or two investment institutions as the main investors, and Sequoia Capital and Blackstone Fund will also Follow up and invest part of the funds...
In addition, Barron also knows that although it seems that Google's search advantage on the PC-side Internet will be of great help to Woaw Technology, it will still compete with Woaw Technology after it launches Google+...
Therefore, he also needs to consider whether to let Google join.
…
In London, Caesar Fund's acquisition of Yinglian Logistics has also entered a new stage.
Initially, they began to absorb the company's stocks from the secondary market. You must know that Operation Logistics was originally formed by the merger of the two companies Ocean Group and NFC, and in the process of development, it also went through many times. Acquisition, so now the company's stock can be said to be very diversified.
Through acquisitions in the secondary market and successive contacts with the small shareholders of Yingyun Logistics, Caesar Fund quickly increased its shareholding to more than 35%!
At present, Britain has not yet opened up to open competition in the postal industry, and has not even begun to discuss bills in this regard.
Therefore, on the Yingyun Logistics side, the British local market has always been blocked by the "Royal Mail" mountain in front, and its development has been restricted. They can only avoid the other party's postal projects and find other ways - their main focus is to target The global market develops.
And at this time, after experiencing the Internet bubble crisis from 2000 to 2001, the global logistics industry was affected by this and has just begun to improve. However, in the global market, there are still many competitors for Yingyun Logistics, and they are all powerful. Quite powerful.
Therefore, at this time, Caesar Fund purchased the shares of Ying Yun Logistics from some small shareholders at a certain premium, and the other parties would easily be tempted.
Generally speaking, the process of Caesar Fund's acquisition of Ying Yun Logistics this time can be said to be smooth - if the major shareholder of Ying Yun Logistics is really strong enough, then it will not be acquired by Deutsche Post next year in the original time and space. .
After holding 35% of the shares of Yingyun Logistics, Caesar Fund has actually become the largest shareholder of this British logistics giant. Next, they announced that they will make a tender offer for Yingyun Logistics. The corresponding market value is acquired at a premium of 10%!
For a physical business like logistics, the premium will not be too high when it is acquired, because relatively speaking, the revenue and profits of this business are relatively stable, and its market value can better reflect the actual value of the company. There is such a thing as underestimation, at least not too much.
Therefore, Caesar Fund's 10% premium purchase price is currently relatively well accepted by holders of Yingyun Logistics shares, and the possibility of success is extremely high.
At this time, Peter Friedman, CEO of Caesars Fund, has also stabilized the management of Yingyun Logistics. After the acquisition, not only Yingyun Logistics can achieve deeper cooperation with Argos Retail Group and become its strategic partner , in addition to obtaining a relatively stable business, Caesar Fund will not make any major adjustments to the management of Yingyun Logistics. It will only obtain certain seats on the board of directors after Barron becomes chairman. Therefore, its management The management still welcomes their acquisition.
So from the current point of view, the tender offer in one month will most likely achieve the results they hope for.
Under the current circumstances, unless other companies appear and offer a purchase price higher than that of Caesars Fund...
However, even if Caesars Fund completes the acquisition of British Transport Logistics, if they plan to merge the "Subida" logistics company into British Transport Logistics, they will still need to pass the approval of the British Competition and Markets Authority (CMA), the regulatory agency...
This problem is not too big. After all, the size of the "Speed" logistics company itself is very small. With the existence of a domestic giant like Royal Mail, the merger of British Express Logistics and Speed will itself involve It’s not about monopoly issues.
