The day after Li Guangyu arrived in Santa Clara, he and Yuan Tianfan attended the róng meeting at Apple in San Jose.
When Li Guangyu and Yuan Tianfan came to Apple, only an executive from the company greeted them, and none of Apple's major giants appeared.
Tianyu Investment Company is not well-known in the United States, and Li Guangyu can understand it. However, Li Guangyu does not believe that Apple’s top executives do not know about its other industries. Even though he knew that Li Guangyu would personally participate in this meeting, he still only arranged for one executive
According to the staff reception, it seems that Apple's senior management considers his presence dispensable.
As for the róngzī negotiations, Yuan Tianfan has reached an agreement with Apple in the past few days. Today's meeting was mainly attended by several investment companies signing róngzī contracts with Apple.
When Li Guangyu and Yuan Tianfan were led to the conference room by the administrative staff, there was no one in the conference room yet. Li Guangyu felt that he had arrived a little early.
After a while, Apple's Steve Jobs and Wozniak accompanied some people into the conference room.
Wozniak came to Li Guangyu and said: "Mr. Li, Mr. Yuan, welcome you."
At the same time, Wozniak also introduced to Li Guangyu and others the companies involved in this event, as well as the attendees.
After listening to Wozniak's introduction, Li Guangyu understood why no senior management received him. Both Jobs and Wozniak went to greet the three major investment banks. Although Li Guangyu has some assets now, he has no relationship with these major investment banks.
The difference is really huge in comparison.
In addition to Apple executives and Li Guangyu, those attending the meeting also included Elaine Herrington, general manager of Goldman Sachs' California branch, Jason Wall, general manager of Merrill Lynch's California branch, and General Manager of Bear Stearns' California branch.
Manager Corey Lancosti, and their respective assistants.
In order to prevent a certain investment bank from controlling their company, Jobs and others forced 20% of the equity in the first round to four investment companies, and each company only received 5% of the equity.
On behalf of Apple, Jobs welcomed several major investment banks to join Apple. He said: "Your investment in Apple will definitely be your most successful investment. We at Apple are on the road to success, and our goal is to become the same company."
Being the first in the industry, I think this goal will be achieved soon, and I am confident in our next products."
Regarding Jobs's wild words, the general managers of several other major investment banks were non-committal. Although they were relatively optimistic about the development of Apple, they did not believe in becoming the number one in the industry as Jobs said, at least not in the short term.
Too possible.
Then Jobs told several investment bankers about the company's next products. The reason why Jobs is sometimes said to be an artist is just by looking at the products he designed. He is a person who pursues perfection, and the products he designs are very
It looks good, but whether it can adapt to the market remains to be tested.
After the subsequent signing of the contract, Li Guangyu and his four investment banks each invested US$3 million to occupy 5% of Apple's shares. Apple's final valuation was US$60 million.
It has to be said that Steve Jobs has to thank Li Guangyu. If Li Guangyu hadn't stepped in, the valuation of Apple by Goldman Sachs would have been only about 50 million. Li Guangyu wanted to get some shares and forcefully took over Apple.
The company's valuation increased by $10 million.
Yuan Tianfan originally negotiated with Jobs that the price could be higher, and Tianyu Investment Company would take all the shares of róngzī, but unfortunately Jobs did not agree.
After signing various contracts, Li Guangyu and the others visited various departments of Apple under the leadership of Jobs.
After Li Guangyu and Yuan Tianfan left Apple, Yilanli Herrington, general manager of Goldman Sachs' California branch, came over and said, "Mr. Li, are you interested in having a cup of coffee together?"
Li Guangyu didn't know yet what business Yilanli Herrington had with him, but he was also very curious about Goldman Sachs, so he agreed to Yilanli Herrington's invitation.
After Li Guangyu explained to Yuan Tianfan, he followed Yilanli Herrington to a coffee shop.
After Li Guangyu and Yilanli Herrington both ordered a cup of coffee, Li Guangyu asked: "Ms. Herrington, why did you invite me here specifically?"
Ilanli Herrington is very curious about Li Guangyu. She is currently the general manager of Goldman Sachs' California branch at the age of 25, but she is far behind Li Guangyu. In addition, Goldman Sachs is originally engaged in investment.
, and Li Guangyu has too many companies that are not listed. If you establish contact with Li Guangyu now, you can get a share of the pie in the future.
Yilanli Herrington said: "Mr. Li, I have learned a lot about your deeds. You have developed such a big business in just two years. I admire your talent very much, so I want to say something today.
Let’s get to know you.”
"Ms. Herrington, you have won the award, so I have better luck. My talents cannot be compared with yours. You are the head of Goldman Sachs' California branch at such a young age, which shows that Goldman Sachs attaches great importance to you." Li
Guangyu said.
Yilanli Herrington said: "Mr. Li, you have many groups under your name that are developing very well, but I found that most of your companies are not listed. The only company that is listed is yours in the stock market.
Acquired, what’s the reason for this?”
In the United States, companies think about going public when they develop to a certain level, but people in the East think differently. If it weren't for lack of money, many company founders are unwilling to go public, because after going public, many things will not be done by themselves.
The final say.
"Ms. Herrington, our company has just started, and I have no plans to list the company now," Li Guangyu said.
Li Guangyu's major local companies in Hong Kong have no plans to go public, but in Hong Kong and the United States, he plans to go public in the future. This can attract more interest allies and develop in other countries. It is impossible to develop alone.
OK.
Ilanli Herrington also hoped that Li Guangyu would consider going public so that Goldman Sachs could make some profits. When she heard Li Guangyu say this, she was a little disappointed.
"Mr. Li, if you have the idea of going public in the future, you can consider cooperating with us at Goldman Sachs. I think we can achieve a win-win situation."
Li Guangyu was very clear about the capabilities of Goldman Sachs. He was once ranked above Morgan. You must know that the Morgan investment bank belongs to the Morgan family. Goldman Sachs' ability to suppress it shows its ability.
Li Guangyu said: "Ms. Herrington, I think we will have many opportunities for cooperation in the future. In the future when my company goes public, the United States will be our first choice. I also hope to cooperate with you, Goldman Sachs."
Yilanli Herrington was also happy to hear what Li Guangyu said. Although she has not been able to reach a cooperation with Li Guangyu for the time being, with Li Guangyu's words today, if Li Guangyu's company will be listed in the United States in the future, Goldman Sachs will undoubtedly gain
Got the chance.
"Mr. Li, I look forward to your company being listed in the United States as soon as possible. At the same time, any acquisition business Li Sheng has in the United States can be handed over to us at Goldman Sachs. We have a professional acquisition team. I think this can save you a lot of trouble.
"Ilanli Herrington said.
"Ms. Herrington, if I have any needs in this regard in the future, I will definitely contact you, Goldman Sachs." Li Guangyu replied.