Vol 5 Chapter 1286: Shot

Robin's expression at this time was really wonderful. He looked smiling, but he didn't want to laugh at all, but he had to laugh.

Therefore, the mouth was deliberately wide open, but the corners of the mouth were drooping uncontrollably.

The irritation of the eyes was really unable to hide for a while, and he could only raise his head violently.

So, the fund manager sitting across from him could clearly see his teeth, and it seemed that those teeth were shining.

With the shape of his mouth, it really looks like choosing someone to eat.

As everyone knows, this will be the most exciting, it really is Robin’s heart, the hometown dialect that has not been spoken for many years, this will flow out of his heart like water: you are so profane, Naigan, I will slap you …….

He had an insight at this time. If he gave a definition to his mother tongue on the encyclopedia, he must add this one: when you are most speechless, when you are most helpless, when you are most fearful, when you are most When embarrassing..., the language you want to speak for the first time.

But at this time, these words had already flowed to his mouth, and he quickly gritted his teeth and closed his mouth vigorously.

The fund manager on the opposite side saw this scene and knew very clearly that in Robin's heart, he would really want to bite himself.

But so what? He felt that he was already considered a face.

If you asked such a question at the previous conference and came to such a time, then Robin and the others would really not be able to get off the stage.

Robin really regrets this in his heart. Why should he only quote a price of 2 billion? I am reporting 20 billion at this time, which can only show that I am confident in the future of the company, even if it makes people feel a little arrogant, but what about it?

The shareholders with him were obviously a little excited at this time. After making eye contact with each other, they were looking at the fund manager who asked the question. Obviously, they wanted to check with him and discuss their meaning.

If Google agreed to an offer of 2 billion so easily, then this matter can really be discussed.

They can all think that Robin is definitely going to raise the price again according to the situation of today's roadshow. In fact, everyone already knows this.

The public pricing of this IPO will be above US$23, but it will definitely be below US$30. The total share capital is 32.3 million shares, so the total market value will definitely be around US$800 million.

So the $2 billion that Robin just reported was actually well thought out.

Google obviously knows the figure of 800 million US dollars. Even if the premium is 50%, it will be more than 1.2 billion and below 1.3 billion. They should consider it. However, 2 billion is 2.5 times that of 800 million US dollars. Logically, Google will never Consider such an offer.

So, they can understand Robin's embarrassment at this time.

Someone fell in love with your most beloved thing, and your lion opened your mouth to offer a price, in order to scare him away. Who knows if the other party accepted it without paying back, what should you do?

Sell ​​or not?

Robin said, "Your joke is really not funny at all,"

That's what he said, so he didn't laugh.

He felt that he must be more serious at this time, not only for the fund manager, but also for the shareholders.

This is my attitude.

"Robin, I was really talking to Schmidt just now, how about you tell him?" The fund manager picked up the phone again.

Robin waved his hand, without even looking at the phone, "You got authorization from Google?"

"Schmidt did ask me to ask your opinions," the manager said calmly.

"I didn't know that other companies would be so casual on such a major event, but my company would not act so trivially," he hurriedly made a conclusion on the matter.

"As far as I know, many mergers and acquisitions that are much larger than $2 billion are actually settled in similar chats,"

Being able to be entrusted by Schmidt in this way, this fund manager, obviously not an ordinary person, still said calmly.

"That's at least a dialogue between the decision makers of the two companies," Robin glanced at him.

He is indeed right.

No one does it face-to-face, nor does it make a phone call directly.

Before that word was said, he stood up promptly, "Sorry, I am very busy now, and I don't want to waste time for such a joke,"

It turned out to be straight out.

But among the shareholders, a representative still stayed with a smile...

…………

"He reported 2 billion US dollars?" Feng Yiping was still awake when he received Schmidt's call.

On the Google side of the capital, this club has just gathered people and is beginning to solve the very violent and pornographic problem. He naturally has no intention of sleeping. He is thinking whether he wants to rush back to the capital immediately.

At this time, I was very speechless when I heard Schmidt's excited call.

Don’t you know, Schmidt raised the price of 4 billion US dollars and 6 billion US dollars at the Google meeting?

2 billion US dollars, then of course he agreed without even thinking about it.

"Yes, it's two billion dollars," Schmidt said. "Sorry, I didn't have time to ask your opinion when answering him."

"It's okay. If it's $2 billion, then I don't need to ask for my opinion. Not only Page and Brin, I definitely agree."

Judging from their public information, Wolf Factory's ability to attract gold is still good.

Revenue in the first quarter of this year was close to US$5.2 million. Although the absolute value is still not high, it was only US$2.08 million in the same period last year, that is, more than doubled and nearly 1.5 times.

Although it is not ruled out that it is for the IPO, I may have tried every means to make the relevant performance data look better, but in any case, the momentum of doubling revenue is obviously very good.

That is, although Wolf Factory’s revenue last year was only over ten million U.S. dollars, if nothing else, this year’s revenue exceeded 20 million U.S. dollars, that is certain.

Then, even if it does not reach 50 million US dollars in 2006, it will be very close. In 2007, it will certainly be more than 50 million.

Although revenue and market value are not directly related, generally speaking, from the revenue of a company, you can probably judge the market value of the company within what range is reasonable.

If a company’s revenue is US$50 million, its market value of US$2 billion is clearly within a reasonable range.

That is, although the acquisition of Wolf Factory with US$2 billion is indeed a bit arrogant, it is obviously a reasonable business to take a longer view for one to two years.

Especially considering the two-way gains to Google's own business after the acquisition of Wolf Factory, this will undoubtedly be a good deal.

"But Schmidt, you can't take his casual offer seriously, judging from their equity setting, we can know that, as before, Robin has no intention to sell the company."

Wolf Factory’s prospectus stated their shareholding arrangements. Like Google’s listing, they also adopted dual shareholding arrangements.

The dual shareholding structure, although the stock returns are the same, is different from the usual one-share, one-vote, and shareholders’ voting rights in the common voting structure of the company. Shares), each share has more voting rights than ordinary shares (usually A shares).

What Wolf Factory has set up is that each A share has 1 vote and each B share has 10 votes.

And once the original shares are sold, they will be converted from B shares to A shares.

They then designed a "Bull Card Project" accordingly.

This cattle card plan is actually to prevent being acquired by other companies after listing-this other company generally refers to Google.

This bull card plan has several levels of content, but actually several levels. Finally, when the original shares held by the founder are less than 5% of the total share capital, all other stocks will be converted to A shares...

That is, under any circumstances, as long as Robin, the founder, does not agree to sell the company, then it is impossible for anyone to acquire Wolf Factory.

You know, according to the data disclosed in the prospectus, he alone holds 22.9% of the shares.

Schmidt obviously chose to believe in the possibility of his own benefit. "He is the person in charge of a company. How can a public figure like him not take his promises improperly?"

"Schmidt, it was on a private occasion," Feng Yiping reminded, "And, do you remember that when Semel came to the company to discuss the acquisition on behalf of Yahoo, we did not agree to the current offer several times. Price increase? Or, the price increase this time?"

"Then why can't Robin do this?"

If it was at the previous IPO meeting, in front of 140 fund managers, Robin reported $2 billion, and then immediately got Google's reply, even if it was indirect, then he really couldn't get off the stage.

As for privately, if this is the case, he said it was a joke, and that was a joke.

Although, yes, it may indeed affect his reputation, but so what?

Is there that rich man without any negative comments?

"No, he can't..., wait a minute, I'll answer the phone," Schmidt said, and Feng Yiping heard him ask "How is it?" Then he said loudly, "Huh?"

After that, Schmidt was silent for a while, "Feng, you guessed it, he doesn't admit it,"

Then said bitterly, "I won't give up like this,"

But so what? Can you stop their IPO? Feng Yiping said heartily.

…………

Robin had another headache and held a meeting with those investors who were ready to move.

He felt that to describe these guys just around the corner was really appropriate.

The point is the word "stupid" in front.

"Everyone, at this time, in two days, we will be able to successfully IPO, that is, 100 steps we have reached 99 steps, do you have to stop at this time? You don’t want to look at it, just press the market. Our pursuit, after the successful IPO, what will our market value be?"

"Just without considering other reasons, we can also think about it. If we can make 10 yuan in US stocks this year, 2.5 of it has already been spent on preparations for the listing."

"For the IPO, so much manpower, material and financial resources have been spent~www.wuxiaspot.com~Do you really want to see the results?"

"Let's look at it from another angle. After the listing, if Google wants to acquire, it can still be done, but if our market value is higher than expected, doesn't it mean that we can sell for a higher price? "

If he pushed forward like this, no one could tell.

"So, what if our market value is not ideal after listing?" An investor asked.

"Didn't Google have agreed to a $2 billion offer?" Robin said.

At this time, he carried out Schmidt's offer again.

"That is, if the stock price is not ideal after the listing, would you agree?"

"Yes," but only he knows. His seemingly affirmative answer actually only said half of it. The half that he didn't say was, "I will consider."

Anyway, as long as these guys do not vote to suspend the listing, then according to the cattle card plan that has been approved by the board of directors, after the listing, he does not agree to sell, then it is impossible to sell.

"Then we agree,"

Robin breathed a sigh of relief, and finally took care of these difficult guys.

…………

After the shareholders are settled, the remaining questions are easy to talk about.

On August 2, they held a new round of talks with the underwriters, and then raised the price again to 23-25 ​​US dollars.

After that, on August 4, the day before the pre-listing, before the deadline for the final pricing, at 18:00, after more than three hours of discussions among the founders, management team, shareholder representatives, and underwriters, they finally The issue price of the IPO has been set to the highest position, 27 dollars!

It was at this time that Schmidt accepted a joint interview from a number of well-known media.

Feng Yiping had no idea about this.