Rebirth 76: Industrial Internet Empire

Chapter 257 Betting on the racer is worse than betting on the track

"Haha, equity investment! In fact, it's just shooting at random. Lose a little here and make a little there. If you can have a 20% success rate, it will be very popular..." Yang Mo was immediately caught by William Iger. He was stunned for a moment before continuing.

"I'm still very optimistic about Cisco's prospects. AGS has successfully opened the door to the Internet, allowing individual computers to be connected into a whole. This is a great invention..." William Eagle said confidently after pondering for a moment.

Yang Mo chuckled and said: "I admit that AGS is indeed a great invention, but the commercial value of AGS is also reflected in the capital market's valuation of Cisco. Sandilena and his wife sold it for a sky-high price of US$8500 each. With the 14% equity it holds, Cisco’s valuation has reached US$6.07 million, far exceeding the commercial value of AGS itself!”

"Mr. Yang, you can't calculate it like this. The valuation of the capital market depends on the company's future development potential, and Cisco is exactly a communications equipment company with great potential!" William Eagle argued.

"Mr. William Eagle, to be honest with you, Zhiyuan Group is preparing to get involved in the communications equipment industry. Buying the equity in Ms. Sandilena's hands is only the first step. We want to get the equity in your hands, and we just hope that in the future Cisco has a greater say. If the acquisition of equity fails, we may choose to exit Cisco and restart the track with Sandilena and his wife. You should also know that AGS's patent is not an insurmountable threshold... "Yang Mo said sincerely.

"It took our entire team two or three years to build AGS. How can it be so easy to restart the track..." Faced with Yang Mo's naked threat, William Iger didn't buy it, but his tone no longer refused. So simple.

"Mr. William Eagle, how many people do you have in your team? We only need to pay for one-tenth of your equity to recruit dozens or hundreds of computer software and hardware professionals. The reason why we did not do this , because Zhiyuan Group has never liked to waste energy and time in competition with the same industry." Yang Mo's face showed his iconic smile again, that kind of confidence that everything is under control...

"Anyway, I'm different from Sandilena and the others. They have been kicked out of the board of directors and have to sell their shares as a last resort. I have no reason to sell the shares at the current price. It has to be at least a 15% premium. This is what I Bottom line!" William Eagle insisted.

"The maximum premium is 5%, and you need to sign a confidentiality agreement, and the premium is not allowed to be leaked!" Yang Mo said without doubt.

"It's okay to sign a confidentiality agreement, but the premium is at least 12%, and it can't be lower..." William Iger said.

After some bargaining, Zhiyuan Investment finally obtained 5560% of William Eagle's equity for US$8.5 million, a premium of nearly 8%!

Even after acquiring William Iger's equity, Zhiyuan Investment still has not reached the point of complete control and can only meet with the last core entrepreneurial team member again.

When Andy Bettlesheim drove his newly purchased silver-gray Porsche and showed up at the door of Blueberry Restaurant, Yang Mo gave him enough dignity and stood at the door of the restaurant to greet him personally.

"Dr. Andy, you don't look like a PhD in computer science who designed the "Blue Box" workstation, but more like a handsome dandy on the streets of Los Angeles..." It is said that you are wrong and flattering, simple After greetings, Yang Mo smiled and joked.

"Mr. Yang, you are different from Don Valentine!" Andy Bertelsheim stared at Yang Mo for a while and then shrugged.

"What's the specific difference??" Yang Mo said with interest.

"Mr. Valentin is mechanical and old-fashioned, full of fighting spirit, and Mr. Yang, you look interesting and easy-going, and you don't look like the head of a multinational giant at all!" Andy Bettlesheim pondered for a moment and said very seriously. said.

Yang Mo chuckled and said: "This may be related to our different investment philosophies. Mr. Valentine has a famous saying that is well-known in the capital circle: Betting on racers is worse than betting on the track! This sentence is regarded as investment in the investment circle A treasure book, but I don’t think so..."

"This sentence makes perfect sense!" Andy Bettlesheim asked puzzledly.

Yang Mo chuckled and said: "Actually, Mr. Valentine himself didn't take his words to heart. He himself was also in a good track and personally gave up the disheveled Mr. Jobs and took the opportunity to invest in Apple. Gave it to his former subordinate Mike Markkula..."

"Hahaha, Mr. Yang, you are so interesting! I will definitely convey your words to Jobs and Wozniak, they will thank you..." Andy Bertelsheim said.

"Dr. Andy, I think racers are sometimes more important than the track! For example, Zhiyuan Group is willing to spend huge sums of money to tailor a venture capital company for you. You don't need to come up with any investment plan. This venture capital company You will always have the final say on investment companies!" Yang Mo said with a smile.

"Mr. Yang, are you mistaken? My area of ​​expertise is computer software and hardware technology research, and venture capital is not my specialty..." Andy Bertelsheim said with a surprised look on his face.

"That's right, you are familiar with the development direction of cutting-edge computer technology, and you can understand the creativity of every genius. In your eyes, you will never miss the "disheveled Steve Jobs"..." Yang Mo said with a smile.

Andy Bettlesheim laughed and said: "It seems that I was delayed by Cisco!"

Yang Mo also smiled and said: "That's true, how about it? Dr. Andy, come out from Cisco and establish Andy Venture Capital Company. I will invest you US$1.5 million in the first phase and give you a 5% option incentive..."

"Mr. Yang, I'm very sorry. I know why you came. Even if you are really willing to invest 1.5 million US dollars for me to create Andy Venture Capital, I can't sell the equity to you!" Andy Bertelshai Mu pondered for a moment and then smiled bitterly.

"Dr. Andy, you misunderstood. The investment amount of US$1.5 million and the 5% option are always open to you and have nothing to do with the acquisition of Cisco's equity. But what I'm curious about is, why can't you sell the equity to Zhiyuan Group?" Yang Mo asked confused.

"Mr. Yang, you may not know that in addition to co-founding Cisco with Sandilena and his wife, I am also the co-founder of Sun Microsystems, and Mr. Valentine is also an angel investor of Sun Microsystems! I can't Betraying your friends..." Andy Bertelsheim said apologetically.

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