Vol 6 Chapter 823: Proposal (below)

They all heard what Feng Yiping meant. Does this want the joint fund to buy the original shares of Facebook?

Jobs glanced at Peppa and Brin with a slightly probing look. He knew that their relationship with Feng Yiping was closer than his relationship with Feng Yiping.

He saw that Page and Brin had the same reaction as himself, with some disbelief in surprise.

Obviously, this was also Feng Yiping once and talked to them about this issue.

Everyone knows that going public is generally a process of wealth creation. The most important way for the venture capitalists on Dune Road to create profits is to support the listing of the startup companies they have invested in, thereby exiting and realizing.

Their difficulty is to find a suitable startup company to IPO at a suitable price.

A suitable startup company mainly refers to not only obtaining a large number of users, but also a very clear business model-that is, how to make money.

Of course, the operation of the IPO is also critical. Like Google, it has users and can make a lot of money, but because of the targeting of Wall Street and other institutions, if it is not for Feng Yiping's help, the IPO may fail. At least, the issue price will be the lowest. price.

Facebook has more than 1 billion users and a very effective business model. With Feng Yiping leading the listing process, its IPO is definitely a process of wealth creation.

Therefore, Feng Yiping's company headed by Facebook has always been the fat in the eyes of the American financial community and even the world financial community. However, so far, they can only be drooling.

But for the United Fund, this is the least problem-as long as Feng Yiping agrees.

And if the joint fund can buy the original shares of Facebook, then the fund's return next year, no, the next return will be very impressive.

"You mean, the joint fund bought part of Facebook?" Page asked.

"Yes," Feng Yiping led everyone back to the fireplace, "I have always had an idea, that is, how to make the three of us work together to a certain extent."

On this point, Page and Brin are clear, because in the past few years, Google and Feng Yiping's companies have been developing together.

"I always believe that from the perspective of the development of our three companies, the competition between us is not the most important issue. The competition between us will only promote our rapid growth, becoming better and stronger,"

"The main problems we face in the future will mainly be policy,"

This made Jobs and Page both agree.

For Microsoft, is it the competitor that gives it the most headache?

No, it is the regulatory agencies of various countries, especially Europe.

European regulatory agencies have repeatedly imposed heavy penalties on Microsoft under the name of a monopoly, and have been calling for the spin-off of Microsoft. The European Parliament has also passed a resolution to spin-off Microsoft many times.

Although such a proposal is only symbolic for American companies like Microsoft and has no legal significance, it has a huge impact on Microsoft.

Under the influence of Europe, the US government and several states also submitted a plan to dismember Microsoft into two companies. The plan was approved by the US court in 2001. Of course, Microsoft is not a vegetarian. In the end, the Federal Court of Appeals overturned the previous decision to divide them in two.

——Speaking of which, this also involves Apple and Jobs.

When Jobs returned and Apple was on the verge of bankruptcy, why did Bill Gates agree to lend Apple US$150 million?

Is it because of his friendship with Jobs? Is it the valiant rescuer?

Wrong, he did that, but to reverse the court's finding that Microsoft had formed an unfavorable situation of monopoly. Look, I support my enemy like this, OK?

If I want to monopolize, I will help it? ...

Although Microsoft finally survived the destiny of being split, the shadow of being split has been there over the years.

At the same time, related fines can be said to be endless. In 2004, the European Commission imposed a fine of 497 million euros on Microsoft on the grounds of "substantial monopoly", but this is not over yet. In 2006, the EU believed that Microsoft had failed to comply with the agreement. , So the fine was 280.5 million euros. Microsoft was on fire. I refused to accept it. I wanted to appeal. As a result, the matter got worse and worse. If I lost the lawsuit, the next ticket came again.

In 2007, the European Union believed that Microsoft was still charging developers with unreasonable license fees for compatibility, so the European Union threw a fine of 899 million euros to Microsoft...

This set a single fine record at the time.

But this is still not the end. Now, the European Union is investigating Microsoft again, on the grounds that it "failed to comply with the European Commission's regulations on the need to allow users to more easily choose common web browsers..."

Next, Microsoft seems to inevitably have to bleed again.

Of course, Microsoft is now a lot easier, because finally someone is ahead of it.

At present, with a market value of close to US$300 billion, Apple is second only to ExxonMobil, ranking second in the world. Google, which has a market value of close to US$200 billion, is also very close to Microsoft. Therefore, the EU will naturally not let them go. .

The investigation of Apple is reported to be still in progress, or that they are holding back a big move and want to sever a big piece of meat from Apple-Apple and Shanghai are all a little worried about this.

The action against Google has already begun. At the beginning of last year, following the successful fine of 1.06 billion euros on Intel in 2009, the EU’s antitrust agency stated to the outside that “received complaints from several companies against Google’s monopoly”, to At the end of last year, the European Commission officially launched an antitrust investigation against Google.

So Page and the others now have another job-lobbying the EU and the US Department of Justice for reconciliation.

"In view of this situation, I had to put aside some of my original ideas for the time being," Feng Yiping said with a smile, "I really considered allowing Google and Facebook to merge in various ways."

Jobs was really shocked this time, have you ever thought about it?

He looked at Peppa and Brin again. This time, he didn't see a surprised look on their faces. Obviously, those two knew this idea.

Of course, Page and the others are aware of it, and they have discussed on many occasions how to merge the two companies.

The reason why it has been discussed many times, in addition to technical means, how to value Facebook is also a big problem.

The current valuation of Facebook from all walks of life is more than 100 billion U.S. dollars. If the two companies merge, of course it cannot be only 100 billion U.S. dollars. It must be a premium, that is, Feng Yiping must not lose money-it is based on their Understand and conclude that they will do it~www.wuxiaspot.com~ Feng Yiping made this proposal.

But recently, they have dispelled this idea. In the United States, they are confident that they can pass such mergers and acquisitions. However, in Europe, as Facebook's ability to attract money in the field of online advertising has become more and more powerful, it has become this field, Google On the other side, let them approve such a merger... It is absolutely impossible!

Jobs couldn't help but took a big sip from the water glass. How could you guys be so calm?

If such news spreads out, it will shake the entire market, OK?

"With that kind of cooperation having to be put on hold for the time being, I have been thinking about how we can reduce internal friction so that the three of us can have more energy and funds to deal with more headaches."

"We all know that in the future, we will definitely compete in more fields. As mentioned earlier, such competition is of course beneficial, but some competition is unnecessary."

"Simply put, the acquisition of some startup companies,"

This point comes to everyone's heart.

Silicon Valley is not like the later domestic BAT, in some emerging fields, such as food delivery, taxi ride, each invested in a company, crazy competition to burn money, but they will often bid for some promising startup companies.

"...We must also consider that, sooner or later, we will always let go of our company," he looked at everyone with a smile, "I don't think that our successor can have our friendship and tacit understanding,"

"So, not only do you want the joint fund to hold shares in Facebook, but you also want it to hold shares in Apple and Google?" Page asked.

"Yes, I think this is a very good platform, what do you think?" Feng Yiping looked at them with a smile.