I'm a chaebol in South Korea

Chapter 147

It cost $3.5 million to buy shares in Facebook, and it would only cost more to acquire Twitter.

At $18.356 billion, it sounds like it will last a few lifetimes.

But when it came time to use it, Li Zhenyu only hated the lack of a zero before the decimal point.

"Currently, the highest offer Twitter has received is 2.3 million."

"Without a higher offer, what action does Facebook take?"

"No, Microsoft is interested in contacting, but the price offered is not satisfactory."

"Claire, how much do you think we should pay?"

Li Zhenyu roughly has a number in mind, but he still wants to hear what others think.

Claire cheered up, she thought that the quotation of 3.8-4 million was the most appropriate.

But when I think about the price I quoted on Facebook, there is a huge difference from the actual amount...

Claire bent down in high spirits, "How about 4...5 million?"

She judged that the offer to Facebook would not exceed $2000 million.

The truth is, $2000 million is just the beginning.

The big speaker quoted 1.4 million yuan, which happened to increase the price by 2000 million yuan, and it was also the first one to be eliminated.

If he really filled in what he said, everyone would not be in the mood to taste champagne, cigars, talk and laugh happily and fly to San Francisco for the next investment.

5 million words should be enough...

The rise of the IT industry confuses Claire's understanding and judgment of money.

When, the unit of measurement of money is based on [-] million.

Could it be that the financial crisis that is happening outside is fake?
"According to what you said, after landing... Handsome, you are responsible for quoting to Twitter."

"Okay, brother." Zhao Yingjun nodded with a smile.

"Has Park PD contacted you? How is the release talk going?"

Negotiations with Columbia are still going on, Park PD is almost soaked in the studio, unwilling to leave.

Among the other companies, the most sincere one is Paramount.

"Where's MGM?"

"They were very interested, but they had no money."

A smart woman can't live without rice, MGM is heavily in debt, and is looking for money all over the world to save her life.

If you really hand over "Parasite" to them, there will be no problem with its release.

A skinny camel is bigger than a horse, and MGM's channels and connections are still there, so don't think about publicity.

If it is released directly, how much box office it can win depends on the quality of the film itself.

An overseas movie from South Korea without any promotion...

Li Zhenyu dismissed his thoughts, and instead thought about "can we take the opportunity to win the operation right of MGM." '

普罗维登斯股本合伙公司占股29%；德克萨斯太平洋资本基金占股21%；索尼美国占股20%；康卡斯特占股20%；DLJ商品银行合伙公司占股7%；四方集团占股3%。

This is MGM's current equity structure, with corporate debt at around $40 billion.

If Li Zhenyu is willing to reach an agreement with creditors on the grounds of being 'responsible for repaying debts', the joint shareholders will carry out bankruptcy reorganization of the company.

Issuing additional equity, obtaining part of the equity and management rights, whether it can occupy the magpie's nest and become a world-class film giant through the back door.

As soon as this idea appeared, it took root deeply in his mind.

"Claire, what's the name of your baby-faced assistant, I need to speak to her in person."

Such a big case was handed over to a junior lawyer who had been in the practice for less than half a year, and Claire sighed again, "This world is really crazy." '

But the case she was dealing with was also worth hundreds of millions of dollars.

Even if she wanted to get away, she didn't have time, so she could only repeatedly tell her the important part, "Less debts, more equity, and outsiders in the business should not use any excuses to intervene."

Claire also knew that this request was a bit too much, but fortunately, the boss had his own ideas.

"Time, if you can't pay off your debts within 5 years, your shares and management rights will be returned, and you will automatically resign."

This is the answer given by Li Zhenyu, without this, why should the other party believe him.

MGM, one of the top eight companies, only promised to turn losses into profits without any time limit.

If he dragged it to the company's bankruptcy trusteeship, he would get a share of the profit with his equity.

All the benefits are given to him alone, where in the world does such a good thing come from?
……

"Li, congratulations on your successful investment in Facebook, it is an excellent investment."

When I saw Ivan Williams in San Francisco, the other party was very active, as if he had been waiting for his arrival.

"Ivan..."

"Call me William, that's what my friends call me...we're friends, right!"

Li Zhenyu smiled slightly, catching the friendliness thrown by the other party: "Of course, William...you already know the purpose of my coming here."

"That's right, I'm here for it." Williams pointed upwards, where Twitter's computer room was located.

Li Zhenyu nodded and said, "Tell me about your conditions!"

"4.3 million, all paid in cash."

The conditions thrown by Williams made Li Zhenyu stunned on the spot.

He didn't expect things to go so well, and neither did the team members who came with him.

The other party rejected the olive branch offered by Google and Microsoft before, so why did they change their mind now.

Claire thought about it, and asked, "Must it be cash?"

"Yes, all of them." Williams said firmly, this was his only request.

As long as the other party is willing to pay him cash, Twitter is his.

Whether he wants to close Twitter, split it up, sell it, or resell it to someone else, such as Facebook's Zach.

Williams didn't care, all he cared about was the money he could pocket.

"We need to discuss it alone, okay?"

Claire winked at him, and Williams spread his hands and said, "No problem, I'm in the office, call me anytime the discussion is over."

Leaving the meeting room, Williams looked back inside, and Claire was leaning over to explain something to the man.

"Cash, what he wants is cash."

After staying in South Korea for so long, she almost forgot the great purchasing power of cash.

In most acquisitions and mergers and acquisitions, the proportion of cash payment is only a small part.

Then use stocks, funds, equity/industry/interest exchange, etc. to fill in the remaining insufficient part.

Williams is cautious. He knows too well what will happen when he cooperates with these big companies and industry giants.

Count those founders and teams who received stock compensation from large companies and 'sold' the company to them.

The final outcome is either being liquidated out of the game, or being squeezed out to become a marginal figure, gradually losing the spirituality and talent of the past, and becoming a useless person.

Of the few who were able to escape unscathed, none of them had a deep background.

He doesn't have such a deep background, and he doesn't want to mix with big companies, so he has rejected acquisition invitations from giants such as Microsoft and Google several times.

They will only confuse themselves with shares and the future, just like Google's plan, which promises to become a subsidiary of it, and they and the founding team can retain 25% of the shares.

With the endorsement and support of Google, the company's valuation will jump up and down.

At that time, the stocks in their hands will be a huge fortune.

Of course, in addition to shares, they will also receive $500 million in cash compensation.

If things had been as they said, Williams would have sold them the company long ago.

The fact is that once they give up the right to operate and daydream with stocks and money, what awaits them is multiple rounds of financing, dilution of shares, marginalization of the team, and loss of any ability to intervene.

In the end, when the company IPOs, it's either liquidated or takes a paltry stake.

It's a pity to discard it, but it's tasteless to eat!
Once you figure out the key, you will no longer question Williams' proactiveness.

It's hard to come to a "true gold master dad" with cash in his hand. If you don't hurry up and get on the pole, don't you have to wait for those big fools who can only talk.

"Boss, it's time to bargain."

Claire was confident, and once again felt like she was doing it.

Now that Williams wants to cash out, the initiative is in their hands.

Adding together the richest people in the world, there are not many who can take out hundreds of millions of dollars in cash at one time.

Money and cash have always been two different things.

After another discussion, Zhao Yingjun walked out of the meeting room and waved forward.

Williams, who had been observing them, rushed back immediately.

Although he really wanted to appear indifferent, the hasty small steps still betrayed the real urgency in his heart.

"William, we agree to your request to pay in cash."

Hearing the good news, a smile could not stop growing on his face.

But in the next second, Williams' smile froze.

"After discussion, the quotation we gave is 3.2 million. It's time for you to express your sincerity."

……

PS: I really don't know how to name the chapters, so let's do this first!cry miserably~~
(End of this chapter)