Rebirth 76: Industrial Internet Empire
Chapter 292 "Annoyed" Andy
Dallas, Texas.
A quiet cafe not far from Texas Instruments headquarters.
"Mr. Yang, I'm really worried about you this time!" Andy Bertolsheim laughed.
"Dr. Andy, I made you laugh..." Yang Mo said with an embarrassed look on his face.
Westerners really don't know how to chat, Yang Mo secretly cursed in his heart.
Andy Bertolsheim did not feel any embarrassment at all. He stretched out his thumb and praised: "Mr. Yang, you really stole the limelight this time. The major media in the United States have nothing to do with you." With such stingy words of praise, you have now become the dream lover of thousands of girls in the United States. Even my sister is pestering me to get your autograph..."
Yang Mo smiled bitterly and said: "That is a painful past. Dr. Andy, let's talk about your Andy Venture Capital Company?"
Andy Bettlesheim shrugged and sighed: "It's your Andy Ventures. I had the opportunity to have such a large-scale venture capital company. You know, right? Cisco's stock price rose to 70 US dollars. It really went up to $70! Chambers is such a genius CEO..."
Yang Mo chuckled and said: "Dr. Andy, in the past two years, you have repurchased a lot of equity in Sun, Cisco, and Oracle. With the angel investment in Palm, the value of your equity in Andy Ventures has been far beyond Far more than your shares in Cisco and Sun, right?"
Andy Bettlesheim nodded and said with a smile: "There is no loss in terms of equity value, but as the head of a venture capital company, I sold the most valuable equity in Sun and Cisco, and I have become a member of the venture capital circle. The laughing stock..."
Yang Mo also smiled and said: "Successfully investing in Palm can allow you to reverse their views in one fell swoop..."
Andy Bettlesheim shook his head and sighed: "In October last year, Palm launched its first handheld computer product (Zoomer). Unfortunately, it was launched one month later than Apple's Newton PDA, but it was not successful. , the subsequent PDA products launched by Hewlett-Packard, Sharp, Toshiba and other manufacturers also failed, which also made the founder of Palm begin to doubt the business prospects of handheld computers..."
Yang Mo shook his head and said: "There is no doubt about the business prospects. I have basically seen these PDA products. They have a common shortcoming. They are not light enough and the efficiency is average. The most important thing is that they are not competitive in terms of cost performance. Jeff Hawkins's The research and development direction is in the right direction, to develop an applause computer that can be put in your pocket. Andy, how is Palm’s Series A financing going?”
Andy replied: "In May last year, according to the list you gave, 5 investment companies were invited to participate in Palm's A-round financing. Now Andy Venture Capital's equity in Palm has increased to 6%, and the equity of the main creative team has further increased. diluted to 35.5%..."
Yang Mo nodded and said: "When are you going to talk to Donna and Jeff Hawkins? We need to speed up the research and development of the Palmos operating system and handheld computer product line. It's time to start the B-round financing!"
Andy said: "Although the promotion of Palm's first-generation handheld computer product failed, the US Robotics company is very optimistic about Palm's prospects. They are preparing to acquire Palm as a whole. The valuation is quite sincere, and they gave the overall price of US$4500 million. Valuation!”
"USD 4500 million to acquire Palm as a whole?" Yang Mo asked in surprise.
Andy nodded and said: "The price offered is very attractive. After all, Palm has not come up with a product with commercial value so far. The 400 million we invested has been able to earn more than 4 times in less than two years." s return!"
"Donna and Jeff Hawkins agreed to this offer?" Yang Mo asked with a frown.
Andy nodded and said: "The most attractive offer from American Robotics is that after the acquisition is successful, Donna and Jeff Hawkins will still be in charge of the company and will be given certain option incentives. This will give them a chance to use their equity." Premium cash-out opportunity!”
Yang Mo couldn't remember whether the American robotics company was successfully acquired in the end, but he knew that Palm had been resold many times. This Donna's vision and structure were indeed questionable...
Yang Mo thought for a while and then said: "Andy, no matter what price the American robot offers, you will add US$500 million to his quotation and give the founder a premium to cash out. After the overall acquisition is successful, you will be responsible for Palm's capital operations. , giving Donna enough money to assist Jeff Hawkins with every business idea he has!”
"Mr. Yang, are you so optimistic about Palm?" Andy asked in surprise.
Yang Mo smiled faintly and said: "I'm not optimistic about Palm, I think Jeff Hawkins alone has exceeded the price quoted by the American Robot Company..."
Just when the two were chatting in a lively manner, a middle-aged man with a Chinese face walked into the cafe.
Andy stood up and waved, and the middle-aged man came over.
"Mr. Zhang, let me introduce to you, this is Mr. Yang Mo, chairman of Zhiyuan Group!" Andy Bertolsheim explained with a smile.
"Mr. Yang, I am Zhang Rujing from Texas Instruments Construction and Operations Department!" The middle-aged man stretched out his hand and smiled.
After Andy finished the introduction, he said very wisely: "Mr. Zhang, Mr. Yang, I have something else to do, so I'll go ahead and let you two chat..."
"Mr. Zhang, I heard from Andy that you are responsible for the construction and operation management of the wafer fab at Texas Instruments?" Yang Mo asked straight to the point.
"Yes!" Zhang Rujing nodded with some confusion.
"Are you interested in joining Texas Instruments?" Yang Mo asked with a smile.
"Zhiyuan Group also wants to build a wafer fab?" Zhang Rujing asked in surprise.
"You don't know, the German Cima Semiconductor Company owned by Zhiyuan has two wafer fabs in Coburg and Munich!" Yang Mo said with a smile.
"Then why did you come to Dallas this time..." Zhang Rujing asked even more puzzled.
"We are going to establish an integrated circuit manufacturing company in mainland China and invite you to form a management and technical team. It would be best to bring your Texas Instruments team back with you..." Yang Mo said in an astonishing way.
Zhang Rujing was in a state of confusion from the moment he walked into this cafe. Andy Bettlesheim, a well-known entrepreneur in the Silicon Valley venture capital circle, made a special trip to the small Texas city of Dallas to meet with him, which was enough to surprise him. , who knew that the person who introduced him to him was Yang Mo, the chairman of Zhiyuan Group.
What virtue and ability do you have?Not to mention being favored by two capital bosses, every word Yang Mo said made Zhang Rujing want to pinch his thigh to see if he was dreaming?
A quiet cafe not far from Texas Instruments headquarters.
"Mr. Yang, I'm really worried about you this time!" Andy Bertolsheim laughed.
"Dr. Andy, I made you laugh..." Yang Mo said with an embarrassed look on his face.
Westerners really don't know how to chat, Yang Mo secretly cursed in his heart.
Andy Bertolsheim did not feel any embarrassment at all. He stretched out his thumb and praised: "Mr. Yang, you really stole the limelight this time. The major media in the United States have nothing to do with you." With such stingy words of praise, you have now become the dream lover of thousands of girls in the United States. Even my sister is pestering me to get your autograph..."
Yang Mo smiled bitterly and said: "That is a painful past. Dr. Andy, let's talk about your Andy Venture Capital Company?"
Andy Bettlesheim shrugged and sighed: "It's your Andy Ventures. I had the opportunity to have such a large-scale venture capital company. You know, right? Cisco's stock price rose to 70 US dollars. It really went up to $70! Chambers is such a genius CEO..."
Yang Mo chuckled and said: "Dr. Andy, in the past two years, you have repurchased a lot of equity in Sun, Cisco, and Oracle. With the angel investment in Palm, the value of your equity in Andy Ventures has been far beyond Far more than your shares in Cisco and Sun, right?"
Andy Bettlesheim nodded and said with a smile: "There is no loss in terms of equity value, but as the head of a venture capital company, I sold the most valuable equity in Sun and Cisco, and I have become a member of the venture capital circle. The laughing stock..."
Yang Mo also smiled and said: "Successfully investing in Palm can allow you to reverse their views in one fell swoop..."
Andy Bettlesheim shook his head and sighed: "In October last year, Palm launched its first handheld computer product (Zoomer). Unfortunately, it was launched one month later than Apple's Newton PDA, but it was not successful. , the subsequent PDA products launched by Hewlett-Packard, Sharp, Toshiba and other manufacturers also failed, which also made the founder of Palm begin to doubt the business prospects of handheld computers..."
Yang Mo shook his head and said: "There is no doubt about the business prospects. I have basically seen these PDA products. They have a common shortcoming. They are not light enough and the efficiency is average. The most important thing is that they are not competitive in terms of cost performance. Jeff Hawkins's The research and development direction is in the right direction, to develop an applause computer that can be put in your pocket. Andy, how is Palm’s Series A financing going?”
Andy replied: "In May last year, according to the list you gave, 5 investment companies were invited to participate in Palm's A-round financing. Now Andy Venture Capital's equity in Palm has increased to 6%, and the equity of the main creative team has further increased. diluted to 35.5%..."
Yang Mo nodded and said: "When are you going to talk to Donna and Jeff Hawkins? We need to speed up the research and development of the Palmos operating system and handheld computer product line. It's time to start the B-round financing!"
Andy said: "Although the promotion of Palm's first-generation handheld computer product failed, the US Robotics company is very optimistic about Palm's prospects. They are preparing to acquire Palm as a whole. The valuation is quite sincere, and they gave the overall price of US$4500 million. Valuation!”
"USD 4500 million to acquire Palm as a whole?" Yang Mo asked in surprise.
Andy nodded and said: "The price offered is very attractive. After all, Palm has not come up with a product with commercial value so far. The 400 million we invested has been able to earn more than 4 times in less than two years." s return!"
"Donna and Jeff Hawkins agreed to this offer?" Yang Mo asked with a frown.
Andy nodded and said: "The most attractive offer from American Robotics is that after the acquisition is successful, Donna and Jeff Hawkins will still be in charge of the company and will be given certain option incentives. This will give them a chance to use their equity." Premium cash-out opportunity!”
Yang Mo couldn't remember whether the American robotics company was successfully acquired in the end, but he knew that Palm had been resold many times. This Donna's vision and structure were indeed questionable...
Yang Mo thought for a while and then said: "Andy, no matter what price the American robot offers, you will add US$500 million to his quotation and give the founder a premium to cash out. After the overall acquisition is successful, you will be responsible for Palm's capital operations. , giving Donna enough money to assist Jeff Hawkins with every business idea he has!”
"Mr. Yang, are you so optimistic about Palm?" Andy asked in surprise.
Yang Mo smiled faintly and said: "I'm not optimistic about Palm, I think Jeff Hawkins alone has exceeded the price quoted by the American Robot Company..."
Just when the two were chatting in a lively manner, a middle-aged man with a Chinese face walked into the cafe.
Andy stood up and waved, and the middle-aged man came over.
"Mr. Zhang, let me introduce to you, this is Mr. Yang Mo, chairman of Zhiyuan Group!" Andy Bertolsheim explained with a smile.
"Mr. Yang, I am Zhang Rujing from Texas Instruments Construction and Operations Department!" The middle-aged man stretched out his hand and smiled.
After Andy finished the introduction, he said very wisely: "Mr. Zhang, Mr. Yang, I have something else to do, so I'll go ahead and let you two chat..."
"Mr. Zhang, I heard from Andy that you are responsible for the construction and operation management of the wafer fab at Texas Instruments?" Yang Mo asked straight to the point.
"Yes!" Zhang Rujing nodded with some confusion.
"Are you interested in joining Texas Instruments?" Yang Mo asked with a smile.
"Zhiyuan Group also wants to build a wafer fab?" Zhang Rujing asked in surprise.
"You don't know, the German Cima Semiconductor Company owned by Zhiyuan has two wafer fabs in Coburg and Munich!" Yang Mo said with a smile.
"Then why did you come to Dallas this time..." Zhang Rujing asked even more puzzled.
"We are going to establish an integrated circuit manufacturing company in mainland China and invite you to form a management and technical team. It would be best to bring your Texas Instruments team back with you..." Yang Mo said in an astonishing way.
Zhang Rujing was in a state of confusion from the moment he walked into this cafe. Andy Bettlesheim, a well-known entrepreneur in the Silicon Valley venture capital circle, made a special trip to the small Texas city of Dallas to meet with him, which was enough to surprise him. , who knew that the person who introduced him to him was Yang Mo, the chairman of Zhiyuan Group.
What virtue and ability do you have?Not to mention being favored by two capital bosses, every word Yang Mo said made Zhang Rujing want to pinch his thigh to see if he was dreaming?
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