Rebirth 76: Industrial Internet Empire

"If you were the CEO of Cisco, what do you think is the most urgent thing?" Yang Mo continued to ask.

"I think Cisco's top priority is to obtain a complete set of switch technology and block most potential competitors from the door through the double patented technical barriers of switches and gateway processors..." John Chambers said after thinking for a while.

"John! Congratulations, you successfully passed the interview with the Cisco Board of Directors!" Yang Mo said with approval.

"Passed the board interview?" John Chambers asked puzzledly.

"Mr. John Chambers! On behalf of the Cisco board of directors, I formally hire you as Cisco's executive president to preside over the company's overall work and be fully responsible for Cisco's overall planning and major strategic decisions!" Yang Mo said with a solemn expression.

"Executive CEO? What about Mr. Moggridge?" John Chambers asked.

"Mogridge continues to serve as the company's CEO and is your only immediate boss in Cisco. When you have major decision-making differences, you can submit it to the board of directors for decision!" Yang Mo explained.

John Chambers nodded and said: "Chairman, I understand!"

"Mogridge is not only the hero of Cisco's initial results in the first phase, he is also a board member representing Sequoia Capital, and he is your immediate boss. Sometimes, you still have to respect his opinions..." Yang Mo instructed. road.

How could John Chambers not hear the underlying meaning of Yang Mo's words? CEO Mogridge is from Sequoia Capital. If he cannot stand with Zhiyuan Group, he, as the CEO, is probably just going through the motions, and choosing to side with Zhiyuan Group does have great benefits. Grich has differences on major decisions. As a check and balance, Zhiyuan will definitely stand up for himself, and Zhiyuan Group has an overwhelming advantage in the board of directors...

Thinking of this, John Chambers vowed: "Chairman, I understand your good intentions, and I will handle it well..."

"John, you should have also heard that all shareholders of the company will dilute their equity proportionally and use 5% of their equity as option incentives. The company's core management and key technical personnel will have the opportunity to receive option incentives. However, as a corresponding The condition is that we need to sign a non-competition agreement with the company. Can you, including you, do it?" Yang Mo said after pondering for a moment.

"No problem! Everyone should be able to understand that it is common practice to bundle option incentives with non-competition agreements..." John Chambers said cheerfully.

Yang Moxin said, I am hemorrhaging a lot of money and suddenly took out the 5% option incentive just to tie you up...

……………………………………………………………

Redwood Beach, California, a cafe not far from Oracle’s headquarters.

Ed Odes took off his windbreaker and said: "Long time no see, Andy! I'm very sorry! I kept you waiting for so long. I really can't get away. The stock price has plummeted. Larry is constantly imposing on us." pressure!"

Andy Bertolsheim smiled and said: "It's okay, I just arrived not long ago!"

"Andy, I heard that you have just established a venture capital company. I haven't had time to congratulate you!" Ed Odes said sincerely after sitting down.

"Thank you! Ed, I remember you said that after Oracle reaches 1 people, you will leave. Now is the time. Do you want to join Andy Venture Capital?" Andy Bertelsheim smiled.

Ed Odes smiled bitterly: "But now Oracle is in trouble, how can I leave at this time?"

"Ed, you are like me. Entrepreneurship and venture capital are what we are most interested in. Sooner or later you will leave. Why not join Andy Venture Capital and do what you like to do." Andy Bertelsheim encouraged.

"But now is not a good time to leave Oracle. As you know, the stock price has dropped by 80%..." Ed Odes was obviously a little relieved and said hesitantly.

"Ed, you are my friend. Andy Investment can purchase the Oracle shares in your hand at a premium of 15%. This is the greatest authority given to me by the board of directors..." Andy Bettlesheim promised.

Andy Bettlesheim is obviously not a competent CEO of a venture capital company. He revealed his base price as soon as he came up. His bold and free personality is not good at this kind of toothpaste-squeezing business negotiation.

Fortunately, Ed Odes, as a friend for many years, was familiar with his character. After pondering for a long time, he agreed to Andy Bettlesheim's offer.

Due to huge losses, Oracle's market value has dropped from more than 20 billion US dollars to less than 6 million US dollars. Fortunately, Oracle's equity structure is relatively simple. The equity is basically concentrated in the three founders and several core employees Raymond Lane and Mike Hu. In the hands of De and others!

Ed Odes, the third largest shareholder, actually also holds 13% of the shares.Andy Venture Capital acquired these shares at a premium of US$8600.

Almost at the same time, the acquisition negotiations between Li Heping and Bob Miner were not going well.

If Ellison is the brain of Oracle, then Bob, the technical genius, is the heart of Oracle.

Bob was not only Oracle's technical officer, but also fully responsible for product design and development. His generosity and gentleness often resolved Ellison's unruly and violent temper.

"Mr. Li, I will not leave Oracle when it is in trouble!" Bob bluntly rejected Li Heping's acquisition proposal!

"Mr. Bob, you are the soul of Oracle. Even if all the shares are sold, you can still stay at Oracle and be responsible for the development of advanced technologies!" Li Heping explained patiently.

"Then why should I sell my equity? I've been here since Oracle was founded, working with Scott as a database architect..." Bob Miner said with a look of reluctance on his face.

"But Oracle has fallen into a huge loss due to over-expansion. Maintaining the operation of more than 2 senior technical personnel requires a large amount of funds. Coupled with the development of new technologies, your capital chain has already experienced problems..." Li Heping reminded Tao.

"Then I can't be a deserter at this time..." Bob said with a bitter smile.

"Mr. Bob, Qianhai Asset Management is an asset management company. Our core business is to help troubled companies get out of the quagmire quickly. After acquiring part of the equity, we will reintegrate resources and introduce powerful strategic investors!" Li Heping said Qianhai Asset Management described it as a Bodhisattva who saves all sentient beings.

How could Bob not understand that the nature of capital is profit-seeking, and without sufficient profit-driven motivation, who would lend a helping hand when Oracle fell into huge losses?

After weighing the left and right, Bob, who was deeply exhausted, finally agreed to sell his 12% stake at a premium of 16%.