Chapter 234: Jobs and the Richest Man in China
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The next day, Chen Lin met the IT boss Jobs at Pixar. Jobs himself was tall and thin, wearing a casual outfit and speaking in a kind manner.
Gangmaster Qiao was very polite to Chen Lin and set up a coffee table for the first time to entertain him with Chinese etiquette and customs - making tea.
As for the leader of Qiao, Niu Kuangkuang, Chen Lin is not worse than him now. Chen Lin’s fault does not refer to his achievements in entertainment. Even if Jade Emperor Entertainment and Starry Sky Entertainment have grown into the eight giants like Hollywood King Kongs, it will not let the leader of Qiao see it.
Chen Lin can now be on par with the leader Qiao, mainly relying on Pentium Technology and its subsidiary Google. The most popular technology companies in the IT industry are now: Yahoo, Pentium-Google, Pentium Technology, Amazon, etc. Chen Lin's company monopolizes the second. He has always told the two companies to keep a low profile and not to announce that he is a big boss, so his reputation is not revealed now, otherwise those financial media would have come to him long ago.
The media doesn't know, but it's something that Jobs and other IT bosses know, which is why he values Chen Lin.
Chen Lin and the gang leader Qiao were chatting well. Although Chen Lin was not an IT professional, his insights on IT and the concept of Internet entertainment resonated with the gang leader Qiao. Moreover, during the conversation, the two found that they had a common hobby. The gang leader Qiao was also interested in entertainment. He liked to play games and watch movies with young people at a glance. No wonder he could turn his mobile phone from a communication tool to an entertainment tool.
After Hu Tianhai talked about it, Jobs finally started the topic: "Jason, you are dissatisfied with your statement saying you are asking you for a deal."
"Oh, yes, I don't know what deal you want to talk about Steve?" Chen Lin was also happy to be able to do business with Gangmaster Qiao.
"Apple acquires your Google for $10 billion." Jobs downplayed a deal to acquire Google for $10 billion.
"10 billion?"
“Yes, $10 billion.”
Chen Lin thought he heard it wrong. Gang Qiao was really courageous. Now Chen Lin admired this IT boss.
Google is not the second largest US market capitalization company with a market value of $390 billion in 10 years later. It was only a newly established Internet technology company on September 7 last year. Even though it is very popular now, its establishment time is short, and Wall Street's valuation of it is $500 million.
Jobs was determined to be Google's development prospects and was willing to offer a premium. This vision really has 32 praises.
The 10 billion US dollars exchange for Chengren RMB is 80 billion. How can you spend your money in your life? Will Chen Lin accept this transaction?
no, Chen Lin’s current status has become hard to impress him, and he knows the value of Google very clearly.
Feng Shui took turns in the IT world from the 1970s to 1980s, Microsoft and Intel were the dominant ones in the 1990s, and the 10 years of 2000-10 years belonged to Google.
Ten years ago, the world was rated as the most creative and most awesome company in the IT industry. Ten years later, these titles were replaced by Apple.
Microsoft, the overlord of computer software, has always regarded Google as the biggest thorn in his eyes, and he failed to kill it. I don’t know why Google’s senior executives have become crazy and become more impatient in 10 years. They really regard themselves as their boss, and they all despise a country’s political axe. A company does not do business well and starts to start politics, and eventually loses the world’s largest network market in shame.
If Google hadn't committed suicide, would Apple still be in full swing? You should know that Google has also acquired Motorola and has its own mobile phone business. Everyone's Android systems are developed by Google on their mobile phones.
Now that Chen Lin controls Google, he will naturally not let it commit suicide. First of all, one-third of Google's core senior executives are Chinese. He has hinted that Ma Teng more than once, and prefers to use foreign executives and engineers who are friendly to China. If he is not friendly to China, he naturally wants him to say goodbye.
Not only that, he also diluted the shares of the two former Google founders through various methods, and reduced the shares of the two people from the original 30% to %.
Google is now firmly in his hands. Will he sell it for just 10 billion US dollars?
"Sorry Steve, I can only say 'no' for this deal," Chen Lin shook his head.
"What-'no'?" It was Steve Jobs' turn to be surprised: "Jason, have you not heard it clearly? I repeat once. Your company's market valuation is $500 million. I'm increasing it now, and it's $10 billion acquisition."
"I heard it very clearly. I'm really sorry that I don't have any plans to sell this company." Chen Lin shook his head again.
Jobs stared at Chen Lin like a monster for 3 minutes. During these 3 minutes, neither of them spoke, while Chen Lin drank tea as if nothing had happened.
Finally, Jobs breathed a sigh of relief and said, "Jason, I need to reevaluate you."
"Steve, what new do you think of me?"
"Yeah, I'm underestimating you."
“Haha~~”
Chen Lin smiled. Before he could answer, Jobs changed his strategy: "Jason, since you don't want to sell it, then we can change it to cooperate, right?"
"What kind of cooperation method?"
“US$4 billion, 40% stake.”
"No, you can only have % shares, $1 billion in cash, and $1 billion in Apple's equivalent shares."
"500 million cash, 1.5 billion equity s"
"Ok. I basically agree with this."
The two of them agreed to a billion-dollar business in just a few seconds. The cooperation with Apple can bring cash flow and strong R&D technology. Chen Lin felt that the deal was very cost-effective; and Apple entered the Internet market with one leg through its investment in Google, which is also very cost-effective.
The cooperation between the two companies has achieved a win-win situation, and both big bosses are very satisfied.
The two parties quickly signed a contract, and at 2 pm the next day, Pentium Technology Ceo Ma Teng and Apple Computer Ceo Steve Jobs jointly held a joint press conference at Stanford University in Silicon Valley, announcing that Apple Computer Company spent US$100 million to acquire % of the equity of Pentium-Google Technology.
The news immediately triggered a small earthquake in the American business community. Wall Street bankers were amazed that Google created $10 billion in wealth in just 10 months, with an average of $1 billion a month. Even the United States, which is constantly staging financial myths, is shocking.
This news seemed to have given the I-commerce industry in the United States and the whole world accused of heart-warming injections. All the Internet companies were cheering and everyone dreamed of making a fortune overnight.
Bankers on Wall Street have set their sights on other IT companies as if they smelled blood. For a time, companies such as Yahoo and Amazon have come to their doors every day, and Yahoo and other companies have raised their original valuations several times without exception. But even so, they still cannot stop crazy investors.
A few years later, when some economists analyzed that a global Internet bubble crisis swept across the world in 2000, Apple's premium acquisition of Google was regarded as an important fuse node.
Soon the earthquake wave spread from the United States to China. Wall Street Daily exclusively disclosed the identity of Chen Lin, the boss behind Pentium Technology and its subsidiary Pentium Google.
Almost at the same time, the Hurun Wealth List announced the value of Chen Lin and Yu Yu and his wife - US$13.8 billion and RMB 110.4 billion.
Among them, Chen Lin ranked as the richest man in mainland China in 1999 with a net worth of US$8 billion and RMB 64 billion. Yu Yu became the second richest man in mainland China in 1999 with a net worth of US$5.8 billion and a net worth of RMB 46.4 billion.
In 1999, the Rong Zhijian family ranked third in the mainland, with a net worth of US$1 billion.
The announcement of Hurun Wealth List immediately shocked the domestic business, political, entertainment and ordinary people. Are you mistaken? Does this couple have so much money?
Faced with doubts, the president of Hurun Wealth List claimed that he might have underestimated it, and then the Hurun List announced the specific wealth of Chen Lin and his wife.
The couple owns 50% equity in Pentium-Google, worth US$5 billion; owns 70% equity in Pentium Technology, worth US$7 billion; owns 70% equity in Yuhuang Entertainment Group, worth US$700 million; owns 90% equity in Starry Sky Entertainment Group, worth US$800 million; owns % equity in Royal Court Industrial Group, worth US$300 million.
President Hurun explained that 99% of their wealth is equity and fixed assets, and since no company is listed at present, they can only use analysts' estimates, so there is a saying that they have underestimated it.
Chen Lin and his wife became the richest man in mainland China, with a wealth of over 100 billion yuan. The reputation of the couple is really well known in China.
Nowadays, the domestic worship of money has gradually emerged. You can be unaware of celebrity idols, but you have to admire those who create wealth myths.
Chapter completed!