With the emergence of Microsoft as a disruptor, the four major venture capital firms relented. Netscape released 26% of its shares in the first round of IPO, which were divided up by five venture capital firms.
Among them, Microsoft, the last company to appear, became the big winner, receiving 11.7% of Netscape's share quota, ranking as the second largest shareholder.
The remaining shares were divided among Goldman Sachs, Lehman, Sequoia, and Blackstone, and were divided into three, four, five, and six shareholders.
thus
Red Hat released 26% of its shares and received US$312 million in cash. The boss alone has more than US$300 million in cash.
Employees who hold 2% of Netscape's shares can share a total of US$6.24 million.
Among them, the three deputy general managers, Mo Yuxuan, Huo Jiaguang and Cai Linlin, as well as the R&D project leader Linus, will receive US$624,000.
Manager-level personnel Luo Qianjin, including project managers Professor Sun Zhongxiu and Professor Qian Fu, each received more than 300,000 US dollars.
Ordinary employees can also receive bonuses ranging from 20,000 to 50,000 U.S. dollars. They have made a windfall, and the whole company is full of joy, making many employees who later joined the company envious.
Although this group of employees also received a $1,000 red envelope from their boss, the comparison between them is very annoying!
At this point, Netscape's first round of IPO was successfully completed, officially starting the process of making money from listing.
With the hard work of several major investment banks, it is expected that in early February next year, the listing road show will be completed and the company will officially land on the Nasdaq stock market.
This has become a major financial news that has detonated in Silicon Valley and even the whole country. Another young billionaire in Silicon Valley has emerged.
The billionaires of the early 1990s were quite shocking.
Because Wang Yaocheng's Chinese name is rather difficult to pronounce, all TV stations, newspapers, and radio stations across the United States simply called him King Boss. All of a sudden, various reports came pouring in, praising King Boss as one of the leading figures in the Internet era of Silicon Valley.
August 3
In the atmosphere of heated reports from various media, Wang Yaocheng led the negotiation team and quietly boarded a United Airlines international flight to fly east, with the destination being Osaka International Airport in Japan's Fuso Country.
Osaka in August is the hottest time of the year.
As a typical maritime climate, strong sea breezes blow in the morning and evening, taking away the hot heat of the day and bringing a pleasant cool sea breeze to this international city.
four o'clock in the afternoon
The transoceanic international flight arrived at Osaka International Airport on time. Peter Wu, the assistant of Huo Jiaguang's negotiation team, received the group, drove a Toyota Hiace van into the traffic flow, and drove towards the urban area.
The cold wind was blowing strongly in the van. Through the window glass, Wang Yaocheng was admiring the city scenery outside, and suddenly uttered a curse word;
"Wow, these girls are so tall that they are not afraid of covering up prickly heat. This is awesome."
Huo Jiaguang automatically ignored the bad words the boss said and cut off the beginning and end and took a short section in the middle to understand his meaning very well;
"Boss, Japan Fuso is fully westernized, everything is in line with the West. No matter how hot the weather is, office workers must wear suits and leather shoes, and a briefcase is a must. Even if you have a heat stroke, you can't take off your tie.
Here, all employees in companies, big and small, are in formal attire, including female employees, who all wear business formal attire. No one dares to be the first to try something new and be unconventional.
There is a joke that tells this story;
A company president joked that the government is advocating a cool business movement and everyone should dress casually to work tomorrow.
All the staff nodded and bowed in response.
On the third day, only one employee named Sagawa came to work wearing a short-sleeved Hawaiian floral shirt.
However, when he saw that all his colleagues were wearing crisp suits, polished leather shoes, and meticulous ties, he collapsed on the spot."
This is a bad joke.
Wang Yaocheng nodded and asked casually, "Is there anything more to come?"
"Yes, Sagawa couldn't stand the criticism of others, so he committed suicide by lying on the train a few days later." Peter Wu explained diligently.
Wow!
Is this developing towards a supernatural rhythm?
Wang Yaocheng's heart felt "suddenly" and he felt a little uncomfortable. He turned his face and looked out the window and stopped talking.
Huo Jiaguang glared at his assistant fiercely;
This stupid guy
Although he is a top student in a prestigious university and has good work ability, his emotional intelligence is a bit too low. Bad review!
for several days
The communication with Fujitsu was always frustrating, and the pre-planned negotiations could not proceed normally. This made deputy general manager Huo Jiaguang lose face and felt that he had lost points in front of his boss.
The originally negotiated negotiations had to be postponed due to Fujitsu's own reasons, and the negotiation team fell into a boring wait.
night
After a brief dinner, Wang Yaocheng walked out of the hot spring hotel alone, taking advantage of the cool summer breeze to sort out his thoughts and relieve his slightly irritable mood.
Fujitsu's unusual reaction made Wang Yaocheng feel strange.
Since 1992, the bursting of Japan's economic bubble has become a foregone conclusion. In particular, the real estate market has fallen into an endless downward spiral, and the economic community is filled with disasters.
Weak small and medium-sized enterprises, clubs, banks, and insurance companies went bankrupt one after another. Even some former corporate giants would suffer huge losses from time to time and collapse in front of people's disbelief.
The full short-selling real estate futures index position will yield a heavy record when it is delivered in September, and it is expected that it will not be less than 350 million US dollars.
Now that the economic situation has become clear, there are no more parties to continue short-selling. The real estate futures index is in free fall, and the banker Lehman Corporation has also tightened the scale of transactions.
Only a small number of short positions for delivery in December can continue to bring profits, while most of the short futures contracts for September delivery can only be settled in the pocket.
It is reported that
The family of Fujitsu President Ryoto Takazawa made the wrong investment in this round of economic catastrophe, resulting in losses of billions of dollars.
Since the company's board of directors has decided to withdraw from the semiconductor industry and suffered heavy and irreparable losses, why does it show an attitude of delaying negotiations?
Thinking about it is confusing.
As a comprehensive trading company, Fujitsu's board of directors will not overturn the decision lightly, let alone change it overnight, so the current attitude is worth questioning.
This time the negotiations suffered a setback, Wang Yaocheng could only consider returning to China temporarily, and the negotiations on the eight-inch wafer fab could only be postponed.
It seems that good things come in a long way!
more than an hour later
After night falls in the bustling Osaka, it becomes a city that never sleeps. Wang Yaocheng walks freely along the street with a leisurely attitude.
At this time, a girl walked out of the toy and figurine store. As she walked, she lowered her head and rummaged through something in her bag, and she bumped into her blankly.
Caught off guard, the two of them bumped into each other.
Wang Yaocheng quickly helped the girl who was about to fall.
"Hey! I'm so sorry. I didn't see anyone just now. It was so rude."
"It's okay, miss."
"I'm so sorry."
The girl apologized politely and left. Wang Yaocheng continued to stroll along the street, still looking very leisurely, but his face was already quite ugly.
There was no mistaking the fact that he found himself being followed by an ordinary-looking European.
If it were in the United States, this ordinary-looking white man might not attract his attention at all.
But this is the Japanese Fuso Country. When I walked out of the hotel, I saw this person inadvertently. I walked around for a long time and saw this person in the food street.
Now, after bumping into the girl, Wang Yaocheng was shocked to see this white man again.
If you meet the same white man several times in a row, even a fool will know that something is wrong and he must be being followed.