In 1986, Microsoft went public. Henry witnessed the rise of this great software empire. Shareholders, Nasdaq and Wall Street have gone crazy, and Microsoft's stocks are going up like a rocket! At this moment, the youngest billionaire in America has been born! !
Microsoft stocks are enthusiastically sought after by investors and stockholders like undressed beauties. Even Henry looked at him with greedy eyes (hehe, "capital" is a bit small, only greedy). But Henry's current strength is simply unable to buy a large amount of Microsoft stocks, and Bill Gates is like a conservative nun who holds the stocks tightly and does not want to sell at all. Of course, this is a unique vision of others, who believe that Microsoft will be stronger in the future, and the stock price will definitely rise sharply!
Since the founding of Microsoft, Bill Gates has rarely sold shares. Even selling shares is to seek technical support from the other party.
Selling shares in order to get technology, obviously, Bill Gates has great ambitions!
Henry felt that he should learn from Bill Gates. Be sure to keep the stocks tight, and never sell them cheaply!
Cisco's development is very gratifying, but due to funding constraints, the company's development has been maintaining a steady and steady line. Henry was embarrassed to mention financing again. If he refinanced, the shares of the Posacks would be further diluted, and eventually they would be purely working for Henry. However, Sequoia Capital, the capital giant, took the initiative to come to the door.
The historical track does not seem to have changed because of Henry's arrival. Sequoia Capital is still the first investment company that is very optimistic about Cisco, and it has also sent an executive director to talk in person.
Henry heard the news, his heart moved.
Although Henry does not like venture capital companies, history has proven that Cisco can quickly become a giant, and Sequoia Capital has made a lot of effort in it. Anyone who knows Cisco knows that the history of Cisco is a "barbaric" history. The reason why it is called barbaric is because, in the course of Cisco's development, it has acquired countless companies back and forth, calling it " "Acquisition King" is well deserved!
Sequoia Capital plays a role of matchmaking among them. For example, if Cisco looks at which company or a competitor's company, but it buys it on its own door, the effect is certainly not good, and even others refuse to sell it. So, Sequoia Capital went up. As a venture capital institution, Sequoia Capital will be very poorly vigilant. Then Sequoia Capital completed the holding of this company through a series of financial means, and finally sold it to Cisco. On the one hand, Cisco can get the company's technology to strengthen itself, and on the other hand, it can eliminate competitors that threaten itself, so that Cisco has always maintained its leading position in the world!
It would be great if we could control Sequoia Capital! !
Henry didn't know why such a thought suddenly flashed through his mind, but when I looked back, it felt funny again. Now others are capital crocodiles, don't let it eat itself, and want to control it?
On May 1, members of the Cisco Board of Directors (Uh, three, Henry and Possack) formally met with Sequoia Capital.
Ford Brook, executive director of Sequoia Capital, was stunned when he saw Cisco's major shareholder Henry. Such a potential high-tech company, its major shareholder is actually a child? ! Oh, my-god! !
Henry smiled in front of him: "Welcome, Mr. Ford Brook. My name is Henry, Henry Williams! Haha, maybe you have heard of my other identity—Henry Potter, the author of Harry Potter. Williams!"
Ford Brook was stunned again, but quickly reacted, he suddenly realized: ""Harry Potter"? Oh, American genius writer, of course I have heard of you!! However, I can't think of you. Still a major shareholder of Cisco!"
Henry laughed and said, "It's okay. Uncle Posak and I are neighbors, and he is also my computer teacher. After that, Mr. Posak wanted to start a company, so I stole some money into it."
"Oh, that's how it is!" Ford Brook couldn't help but sigh. The kid is so lucky that it makes people jealous! ! While Ford Brook sighed, he secretly rejoiced that the majority shareholder of this company is a child, and his acquisition plan must be smooth sailing! Ford Brook laughed unconsciously.
At this time, Henry also laughed. Sequoia Capital wants to acquire Cisco's shares this time. It is impossible not to bleed! !
The two sides haven't formally negotiated yet, but sparks have been sparked. But among them, only the Posacks have not realized that the war has begun. They also did not see the true value of Cisco. If they were to look at the situation in their previous lives, they would definitely be killed by Sequoia Capital. Sequoia Capital only spent 2.5 million US dollars to buy one-third of Cisco's stock, it is crazy! !
After everyone was seated, Ford Brooke expressed his intention: "Sequoia Capital, as a very outstanding investment company in the United States, aims to help some innovative high-tech companies develop and grow. Cisco is one of them! So, I represent this time. Sequoia Capital formally proposed to Cisco's financing intention. This is our plan. Please take a look!"
Henry took the plan handed over by Ford Brook, opened it, and scanned it carefully. This plan mainly describes the benefits of Sequoia Capital's investment in Cisco. In addition to funding, it also provides assistance in management, networking, promotion and other aspects, and then helps the company go public. This plan is well written, but Henry is very upset with one thing: Sequoia Capital has invested only 5 million US dollars, but wants to get 45% of Cisco's stock!
Henry frowned and said nothing after reading it.
And Ford Brooke began to introduce the strength and influence of Sequoia Capital. He said: "We, Sequoia Capital, were established in 1972 and have focused on the venture capital industry for more than ten years. We have invested in high-tech companies such as apple, oracle, etc. Help them develop and grow. In the United States, we at Sequoia Capital have a lot of partners, such as IBM, General Electric, Compaq and other large companies, I believe that with our help, Cisco will surely grow rapidly!"
Henry shook his head in his heart, but he had to sigh that Sequoia Capital's vision is very unique. Appl and Oracle are both very powerful companies. They are also well-known network equipment companies in the United States. Their founders are the inventors of Ethernet. Patent, the rise of the Internet in the future, it is not crazy to make money!
"Mr. Brook, Cisco has no financial pressure, so we have no need for financing!" Henry was very dissatisfied with the conditions offered by Sequoia Capital, so he resolutely refused.
Ford Brook smiled and said, "But, you don't have too much money to develop the market, do you? You know, before the industry has competitors, take the lead in seizing the market and establishing its dominant position, especially Important. What we at Sequoia Capital have to do is to come and help you achieve this goal! We have the funds and channels, and you have the technology, the cooperation between the two is invincible!"
草! It was almost said that Henry was in his heart, and the Bossacs were also excited. Obviously, Ford Brooke had already made full preparations before coming here!
"Mr. Brook? What do you think is the market value of Cisco in the future?" In fact, Henry also valued Sequoia Capital. But what matters is not its wealth, but its influence. It can help Cisco in many ways, such as personal connections, management capabilities, etc. This is obviously not something a newly established company can do. However, if the price offered by Sequoia Capital is not appropriate, Henry would rather Cisco develop a little bit slower than to take advantage of Sequoia Capital!
"Cisco's development potential is still there..." Brooke smiled, pretending to be thinking, and said, "But according to the current market conditions, although Cisco's future market value will definitely increase, it will not increase. Big. As for the specifics, it depends on the future development of Cisco. However, the current market value of Cisco is less than 10 million U.S. dollars. Therefore, we invest 5 million U.S. dollars, as long as you own 45% of the shares!"
"Mr. Brook, if you say that, I'm afraid we won't have to talk!" Henry said lightly.
"Oh, how much does the little genius writer think Cisco should be worth?" Ford Brook asked with a smile. He didn't think Henry would be his negotiating opponent, and he thought Henry was young and lacked knowledge and experience. So I think Henry's market value is definitely not too high, reaching 100 million US dollars! Ford Brook is confident. Before coming, the board of directors conducted a very detailed and serious analysis of Cisco, and agreed that Cisco has great development potential and will set off a huge network storm in this era! !
Because Sequoia Capital has been committed to investing in high-tech companies such as computers, they are far more sensitive to routers and networks than ordinary people, and they are far more aware of Cisco's future prospects than other companies. This time, the board of directors issued an order, in any case, we must take the shares of Cisco!
Even if Henry said that Cisco's future market value was 100 million, he recognized it! ! Then, at most, you can invest another ten or twenty million dollars in your own side. Anyway, you can get as many shares as possible.
But Ford Brook did not expect that even the Posacks were shocked. Henry told them an astronomical number.
"More than fifty billion..." Henry said casually.
噗! !
Ford Brook heard the number squirting out the water he had just drunk.
**, more than five hundred billion! ! Ford Brook was stunned and couldn't believe it.
"Are you kidding me?" Ford Brook asked.
"I never make jokes, because the jokes I make are not funny at all." Henry shook his shoulders and said, "I know you don't believe it, but this is my expectation of Cisco, and I think it's worth the price. . Therefore, I will not easily sell Cisco shares, if your Sequoia Capital is not sincere enough..."
Henry didn't say anything to death, and left a thread for Ford Brook.
Of course, the negotiation fell apart this time.
After Ford Brook left, Henry called the Posacks over to prevent Sequoia Capital from taking the "couple route"!
"Uncle Posak and Aunt Lerner, don't you believe what I said before?" Henry asked with a smile.
"It's impossible! The company with the most market value now is only more than 100 billion U.S. dollars. How can Cisco be worth 500 billion U.S. dollars?!" Boss shook his head, and Lerner was also disbelieved.
"If I were not a traverser, I would not believe it either!" Henry secretly said in his heart.
Although the Possacks don't believe their words, it's okay. The key is that they don't sell their shares cheaply. Therefore, they have to give them some advice: "Sequoia Capital takes a fancy to Cisco. The potential is limitless. I believe that even if Cisco's market value is not 500 billion US dollars, there must be several billion, tens of billions of dollars. You must not just sell the shares casually, even if you want to sell it in the end Sell it to me!"
"Don't worry, we won't sell the shares casually!" Lerner touched Henry's head and said casually.
Henry was still uneasy, and then persuaded a few more words, but they didn't care much at all. In desperation, Henry finally signed an agreement with them. The content of the agreement was very simple. Henry had the right of first refusal to purchase Cisco shares in their hands. If the Bossacks wanted to sell their shares, unless Henry didn't want them or couldn't afford the price, they could sell the shares to others!
Seeing the black and white letters, Henry smiled and secretly said, this is finally relieved.
Ha ha, just wait for Sequoia Capital to come and see how you "cut him"!