When discussing business, a dedicated person will be responsible for it, and Liu Lang will not participate. However, yesterday the board of directors had already made a preliminary plan. Ten million US dollars will be exchanged for at least 25 to 30% of the other party's shares, and at the same time, they will enjoy corresponding shareholder rights.
, this needs to be discussed carefully.
Liu Lang will not participate in the business discussion. He doesn't like to talk with each other. What he likes is to subdue others without fighting. He still doesn't like this kind of business field that is full of the smell of copper. It doesn't matter if Liu Lang participates. The other ones
Shareholders are experienced negotiators and know how to fight for their own interests. Besides, Liu Lang just taught them a lesson. Why don't they pay for the lesson? This is his advantage.
In China, talking about money is hurtful to feelings, but in the United States, even if both parties are quarrelsome during the negotiation, as long as the cooperation is successful, we will become good friends from now on, and the previous things will be wiped out, and it will not affect the relationship at all. Of course, for them,
Feelings are inferior to interests.
The two sides talked for less than an hour and ended. In the end, Fengxing Investment offered 10 million US dollars to acquire 27% of the other party's shares, which was within a reasonable range. However, these 27% of the shares could only enjoy 10% of the shares.
Fifteen management rights, this is the rule of venture capital, the party that owns the company harms
They are afraid that investors will participate in the operation. After all, many shareholders of venture capital companies are laymen. They only value profits and do not know how to run an unfamiliar company, especially an Internet company. Fengxing’s shareholders would not understand at all. If it weren’t for Liu
Lang, they don't care about browsers.
Of course, owners have their own requirements, and investors also have requirements. Fengxing Investment requires that the other party meet the conditions for listing within one year. Listing in the United States is very easy, but there are also requirements. At least it must pass the conditions of the exchange, and Fengxing Investment
One party requires the other party to be listed on the Nasdaq exchange, because listing means that it can get rewards.
Netscape now has only seven employees. Except for Clark and Sam, the others are all young people in their thirties. Such companies are everywhere in Silicon Valley. Some can get the favor of venture capital, while some have no one.
So Netscape is relatively lucky because their browser has attracted ideas. Of course, this is only within a small area. Some venture capital companies have also contacted them, but the price they offered is not very ideal. They and
It was entirely Liu Lang's fault that Fengxing Investment signed the agreement so quickly.
Fengxing invested 10 million U.S. dollars, which was a lot of money, but Liu Lang felt that it was worth it. In the future, after they go public, the return rate will be at least dozens of times, or even a hundred times. You must know that in the previous life, Netscape was sold to AOL for four times in the past two thousand years.
1.2 billion US dollars acquisition, at that time the Internet bubble was already showing signs of bursting
, under such circumstances, it can still buy 4.2 billion US dollars, which is enough to show the strength of Netscape. Moreover, Netscape is not just a skinny company that speculates on concepts. It has real technology in it. The reason why
Later, it died out because it had no competitors. This was the reason for decision-making, not technical disadvantage.
When the waves wash away the sand, even some gold will be crushed by the waves. Only the luckiest gold can stand out. Look at how many Internet companies there will be in twenty years' time, even in the Internet era? The stronger will win.
Strong banker-take-all rule is the rule of any market. The demise of Netscape was not caused by war, it was just a lack of luck.
Netscape's early appearance caught Liu Lang's attention. This should not be a special case. I believe there are other companies that appeared early because of the book "Digital Survival".
Netscape still needs Liu Lang to use his "superpower" to search deep in his memory, but there is one company that no need to search. It is one of the earliest Internet companies in the United States and even the world, and it is also the leader among this group of Internet companies.
His appearance even affected the subsequent development of the Internet and became the target of imitation by many latecomers. So much so that when the company had to go bankrupt more than 20 years later, it aroused the emotion of the global Internet giants. This company is
Yahoo was founded in 1994 in its previous life.
China's first generation of Internet users are definitely no strangers to Yahoo. It is not an exaggeration to evaluate it as an Internet enlightenment. Moreover, this company also played a very important role in another Chinese Internet company, that is, the later Alibaba Company. If not
Yahoo's investment in early-stage Alibaba may prevent Alibaba from surviving the cruelest Internet winter.
Let’s not mention these, let’s just say that Yahoo’s own ability to create wealth is also very amazing. In the previous life, the company was established in 1994. When it went public in 1996, the stock price was only a little over four dollars. Two years later, in 1998, the stock price was just over four dollars.
It was close to US$100 in January, a surge of 25 times, and the company's market value reached US$9.1 billion.
According to data released by the US "Business Week" in 1998, Yahoo was the company with the fastest stock appreciation that year, with a share value growth rate of 450%, creating a miracle.
Yahoo is an investment target that Liu Lang attaches great importance to. It can be said to be a huge profit, and the investment value is much higher than that of Netscape. However, in the previous life, Yahoo was established in 1995, which is still nearly four years away. If they were also affected by
Inspired by the book "Digital Survival", it may be established in advance like Netscape. Be sure to pay attention to this company.
Liu Lang will not always stay in the United States, so he told the management to focus on the trends of Internet companies in Silicon Valley. For example, any companies founded by Chinese Americans should report to him as soon as possible.
The management team of Fengxing Investment is very professional. Executive David Brown has an annual salary of US$500,000, and the accompanying incentive clause allows him to receive an additional income of up to 1% to 5% of the investment amount each year.
By investing 10 million US dollars in Netscape, he can get 300,000 US dollars. This kind of income is already a first-line executive in the United States. There is no doubt about his ability. And the most important thing is that David is a loyal fan of Liu Lang.
Liu Langyan followed his advice.
Liu Lang asked him to pay attention to Chinese Americans in Silicon Valley. Although he was curious, he kept it in mind.
The founder of Yahoo is a Chinese from Taiwan, which is rare in the Internet era. Moreover, Yahoo was founded in Silicon Valley. In fact, both Yahoo and later Amazon started in Silicon Valley.
, it can be said that Silicon Valley is the birthplace of the Internet in the United States and even the world.
Chinese descent and Silicon Valley, these two conditions can position Yahoo! As long as they are established, Yahoo will not be able to escape. Liu Lang will find it immediately and then inject funds and wait to make money.
Even Liu Lang had an idea, whether he could let Ren Weitian's Guowei Company come to the United States to join in the fun and strengthen himself.