"You'd better take a look at the file, there's something new."
"Is it good news?"
Qi Yafei didn't bother to answer him. The documents were all ready, so why didn't he read them himself?
He sat on the sofa and stretched out his legs comfortably. He picked up the French red wine and tasted it. He thought it tasted good.
Wang Yaocheng opened the folder and looked at it for a while, then closed it with a "click" and threw it aside. His two long legs were raised high on the desk, and he swayed leisurely twice.
Said: "SoftBank wants to make this catfish, but the portion is not enough! Sun Zhenyi's appetite is a bit too big, and trying to spend the US$100 million may cause public outrage."
Qi Yafei; "Who says it's not the case? They are all a group of guys who eat people without spitting out their bones. Old friends Goldman Sachs, Citibank, Blackstone Fund, Microsoft Investment, and new friends Sequoia Investment and HSBC are not easy to get along with.
Compared with these established investment institutions, SoftBank's shoulders are still a bit too young.
Among the Yahoo search valuations reported by these investment banks, ranging from 350 to 680 million, only SoftBank reported a valuation of 1 billion. We will release only 20% of the shares this time and plan to raise US$200 million.
For these seven companies, SoftBank suddenly spent 100 million US dollars to take half of the shares. It really has a huge appetite.
hey-hey!
I'm afraid that he will be burned into a hole by other established investment institutions, and then it will be fun to watch."
Hear the words
Wang Yaocheng also laughed; "Damn it, I don't care about these stupid things, let them fight among themselves, Yahoo search valuation is set at 1 billion, you have to seize the time to complete the A round of financing recently.
Calculating the time, Yahoo Search will launch its B-round financing in November at the earliest, which is about seven or eight months apart. At that time, another wave of money will be raised for the construction of a big data center.
By the time the A- and B-round financings are completed, the construction of a big data center will almost be ready to meet the needs of user access.
At that time, fixed asset investment should be suspended for a while, the financial report should show a high profit growth trend, prepare a more beautiful financial report, prepare for the C round of financing before listing, and then make a round of it.
If it’s done well, maybe Netscape’s miracle will happen again.”
"Haha, you are a money fan and you still don't believe it." Qi Yafei said in a fit of laughter and tears; "You are referring to the fact that after Netscape's road show was completed, the issue price doubled before the listing, from 14 US dollars to 28 US dollars. This is not the case in Netscape."
The Stark market is also unique, so don’t have such unreasonable thoughts.”
"It all depends on people. Success can be replicated. It all depends on how well your reports are done."
"Don't worry, I guarantee you'll be satisfied."
"I'm satisfied it's useless! The key is that the venture capitalists are satisfied, the market recognizes it, and the big advertising clients put pressure on it. The growth in advertising fees will be reflected in the second half of next year as much as possible." Wang Yaocheng is quite cunning, and he uses the trick of making money by going public.
Very familiar.
"Yes, boss."
"By the way, I have something else to ask you for help with."
"Hey! Wait a minute, I suddenly remembered that there are important things to do in the office." Qi Yafei couldn't sit still. It was unusual for Wang Yaocheng to speak so politely. He knew it would not be easy to handle, and the matter was very difficult.
.
"Wait a minute, I want to take a look at this report before approving it." Wang Yaocheng took the report and threw it in the drawer, and said slowly; "Brother Yafei, you know that my mentors, Professor Sun Zhongxiu and Professor Qian Fu,
Now he is employed in the Athlon chip project team to participate in research.
According to the level of these two instructors, it is no problem to serve as the leader of the project. Please help me think of a way to do this. I am a favor to you, buddy. I can't let people point at the back of my head and say it is inhumane.
ah!"
This request really gave Qi Yafei a headache.
Tech giants are not easy to hire. When Dr. Gary Sinis was kindly invited to join the cutting-edge project of Athlon chips, Qi Yafei and his subordinates made more than ten trips.
Personal promise;
Dr. Gary Sinis personally leads the Athlon chip scientific research and will not interfere. This is a gentleman's agreement.
Moreover, Dr. Gary Sinis is definitely an academic stubbornness. He is extremely serious about scientific research and does not know how to be humane. If the academic level of the research leader cannot be recognized by him, there will be no door, not even a window.
It's useless for anyone to say anything about this.
If Qi Yafei dared to mention it, the stubborn old man would be full of fire and could drown him with his spit.
The cutting-edge project of Athlon chip is so important. This is a groundbreaking research project that will create a third riscv chip in addition to Intel's x86 architecture chip and ARM's risc architecture chip.
Architecture chip road.
Athlon (riscv architecture) chip is a completely open reduced instruction set architecture. Compared with Intel x86 architecture, writing code is reduced by 35% and energy consumption is lower, but it can achieve the same excellent performance.
The riscv architecture has advantages that the x86 architecture and the risc architecture cannot have, namely modularity, simplicity, and scalability. It is suitable for many fields such as interconnection, automobiles, mobile communications, industrial control chips, and data center special chips. The development prospects are very bright.
The birth of the first generation of risc (reduced instruction processor) can be traced back to 1980. At that time, David Patterson, a professor at the University of California, Berkeley, led the Berkeley risc project and designed its first-generation processor risc i.
It is the earliest research result.
Now, including Professor David Patterson and his entire research team, all the patents have been acquired by Red Hat and have become members of the Athlon chip project team, contributing to the research of this cutting-edge CPU project.
Wang Yaocheng attaches great importance to patents. He has his own unique skills from the bottom design of the chip. He is not willing to make wedding clothes for others, and his hard work will be in vain.
The cutting-edge project of Athlon (riscv architecture) chips is enough to produce dozens of research papers that can be published in top electronic science journals. This is the biggest temptation to attract high-level scholars.
As a computer electronics scientist, my mentors Professor Sun Zhongxiu and Professor Qian Fu naturally hope to be deeply involved in project research and to be able to publish high-level papers, which is the biggest pursuit of a scientist.
If you are an ordinary researcher, you will never get such a good thing as publishing a paper in eight lifetimes.
Not to mention the different levels of participation, which limits the depth and breadth of understanding of the project, making it even more difficult to produce high-level papers.
As a disciple and now a junior at Jinling University, Wang Yaocheng naturally stands on his mentor's side.
"It's difficult, it's difficult, it's difficult. I'll try my best to find a way for you. The most likely thing is that you'll be sprayed back by the stubborn old man. I hope my death isn't so ugly."
Qi Yafei's face turned into chrysanthemums, and she said impatiently, "Hurry up and approve the documents for me, and follow behind to urge me to do things. Without approval, I can't do anything. How can I get the A-round financing? It's a waste of time."
"
"Sit down and have another drink, don't be in a hurry."
Wang Yaocheng waved his hand, and Qi Yafei had no choice but to sit down. He felt tired and didn't want to answer the conversation at all.
"Brother Yafei, let me tell you something. Don't go out and spread it around. This is a company secret."
"Since it's a company secret, I don't want to hear it, so don't tell it either."
"Haha, good things must be shared with others, and happiness is the same." Wang Yaocheng shook his feet triumphantly; "Brother Iemitsu will fly to Boston in the next two days for negotiations. I don't want to delay the merger of Wang An Computer any longer.
Be prepared to kill it with a sharp knife to prevent long nights and nightmares.
If things go well, results will be available within a week to half a month.
By then, the Wang An Computer Research Center will have a large number of high-end research talents, including PhDs from the Massachusetts Institute of Technology, professors from Harvard University, and at least experts who graduated from Ivy League schools. In total, there will be more than 1,600 people.
I plan to transfer some of them to engage in cutting-edge research on chips and operating systems, and increase Yahoo's search engine development capabilities, which will just reduce the burden on the acquiring companies.
Anyway, the money from the A-round financing will arrive soon, which will help me develop some scientific research talents.
It's okay for you to reveal something to Dr. Gary Sinis, an old stubborn man. He will definitely be very happy. Don't say too many people for the time being, leaving room for bargaining.
Haha, it will be easy to make a request then."
Qi Yafei protested feebly: "You guys, do you think it's interesting to plot against your own people?"
"You are really stupid. How can you be called scheming against your own people? It's called working flexibly and using roundabout ways to achieve your goals. It's also called being stubborn and happily working for us. Learn from it, brother."
"Fuck, sign it for me quickly, I'm going to go do my own business."
"Don't forget about me. As long as you can pass professional courses, cultural courses are a piece of cake. Whether you can get a diploma or not depends on you. Is it so easy for me?" Wang Yaocheng took out the document from the drawer and signed it at the back.
Please provide your approval opinions and name, and don’t forget to give a warning.
"Let me give it a try." Qi Yafei picked up the file and left.
Wang Yaocheng smiled happily; "I have confidence in you, you are the most handsome boy in our village."
three days later
Yahoo Search successfully completed its A-round financing, released 20% of its shares based on a valuation of US$1 billion, received US$200 million in financing from seven investment institutions, and reset its equity.
After the dilution of Yahoo's equity distribution, the shareholding ratio of angel investors has decreased.
in;
Founder and angel investor Red Hat’s shareholding decreased from 88% to 70.4%.
The founder, Dr. Ferro, reduced his shareholding from 5% to 4%.
Founder Yang Zhiyuan reduced his shareholding from 5% to 4%.
Angel round investor Qi Yafei and the senior management team reduced their shareholding from 2% to 1.6%.
Goldman Sachs holds 3.5%.
Microsoft Corporation holds 3.5%.
SoftBank holds 3.5%.
HSBC holds 3.5%.
Citibank holds 2%.
Blackstone holds 2% of the shares.
Sequoia Capital holds 2%.
After a long game, surrounded by established investment banks from the United States and the United Kingdom, SoftBank's Son Zhenyi relented as expected, and the US$100 million he brought was not released.
If Wang Yaocheng had not considered the positive impact of SoftBank as a catfish and resolved the criticism by giving him a 3.5% investment share, Sun Zhenyi would have been bullied by these established investment banks.
In this three-thirds of an acre of land, it is not enough to have money, you must have a strong foundation.
Compared with banknotes, the companies shortlisted for this A-round are richer than SoftBank. Bullying Sun Zhenyi is like a child, and there is no need to give a reason.
The Americans and the British have always only valued strength. The lackey was born shorter and dared to steal food from his master. He would not dare to rebel even if he had the guts to do so.
Wang Yaocheng can't take care of these nonsense matters. His attention is now drawn to distant Boston, where a major merger and acquisition case that has caused a sensation in the United States is being brewed.