When Netscape went public, because the controlling party was Nicholas Group, which is not a listed company, it did not disclose its shareholders to the outside world! Therefore, the outside world does not know that Henry is the boss behind Netscape!
But this time it doesn't work. Henry is Cisco's major shareholder. Before the company goes public, it must be clearly stated in the prospectus.
At this moment, Henry has become famous!
Following Apple Jobs, Microsoft Bill Gates, Dell's Michael Dell, and Oracle's CEO Ellison, Henry is the most powerful young billionaire who has never even studied in college! !
At this moment, the media "rioted", and countless elite soldiers were sent to chase and intercept Henry!
At this moment, Henry is really depressed, can he live a quiet life?
"Reject, reject all interviews!!"
Henry hid in the office and shouted annoyed! Ms. Helen made Henry a cup of coffee intimately. Henry had become accustomed to her craftsmanship and the taste of coffee. He always felt uncomfortable drinking coffee made by others.
Today's Helen Wheeler is different from what he used to be, but is becoming slimmer and more attractive as a female white-collar worker!
is tall, wearing a white shirt and black tights, looks very sexy!
"Chairman, media reporters are stuck at the door of the company, and they can't drive away..." Helen said helplessly.
Henry is now at Cisco's headquarters, and it's been a week since Cisco went public. The stock price has exceeded $70 and the market value of Cisco has exceeded seven billion! Today, Cisco will hold a major board meeting. Therefore, Henry had to risk being harassed by reporters to come to the company!
The money raised after Cisco's listing is generally used for secondary investment, because the money is the money after the shareholders' shares are sold, so it is the shareholder's money, not the company's. Under normal circumstances, a second investment will be made, but Henry does not know whether Sequoia Capital will follow. However, at this board meeting, representatives of many large companies came, including representatives of Citibank, JPMorgan Bank, KPCB Venture Capital Fund, IDG Technology Venture Capital Fund, Goldman Sachs Group and more than a dozen banks or venture capital funds!
These banks and venture capital funds are very optimistic about Cisco. After Cisco went public, they bought more or less shares of Cisco. They themselves have the right to attend this meeting, and at the same time, they are obviously very interested in the second investment of Cisco, otherwise they will not come.
Ford Brook, a representative of Sequoia Capital, also attended this meeting!
This meeting was hosted by CEO John Chambers. He delivered some comments and ambitions after Cisco's listing. The real drama will begin soon!
"This board meeting will make a second investment in Cisco, and all willing shareholder representatives can participate!" John Chambers said, "Then first, based on Cisco's current stock price, the total market value is as high as 7 billion U.S. dollars. The directors Mr. Henry Williams will make a secondary investment of 90% of his stock market capital, which is US$850 million. As for how much you want to invest, we can discuss together!"
Henry originally held 67.5% of the shares in Cisco. Cisco issued 20% of the shares. Among them, 13.5% of the shares were issued to Henry, which received US$945 million. Henry invested another US$850 million and left more than US$90 million. !
At this time, Sequoia Capital Ford Brooke stated: "Sequoia Capital will not make a second investment!"
Sequoia Capital has its own small ninety-nine. They believe that Cisco's market value has reached its peak and there is little room for growth. If you invest again, the investment income is not worthwhile. Instead of spending so much money on investing in Cisco, it is better to invest, and you can get more shares than Cisco. Once listed, Sequoia Capital can make a lot of money!
However, no one could have imagined that the future market value of Cisco will be as high as five to six hundred billion U.S. dollars, and Sequoia Capital will definitely regret it at that time! !
Sequoia Capital will not make a second investment this time, and its shares will definitely be greatly diluted!
The Posacks naturally also made a second investment. They are one of the founders of the company, and they most hope that the company will develop better and better!
This meeting took a long time, from nine o'clock in the morning to three o'clock in the afternoon.
It is impossible for Henry to agree to other venture capital institutions to invest heavily in Cisco and share shares, so he must grasp a certain degree. Therefore, coordinating the major investors and reasonably allocating shares has become one of the key tasks of this meeting!
After the meeting, Henry's shareholding reached about 63.5%, the Possacks 10.5%, the company's management 4.5%, Citibank and Morgan Bank both 2.5%, Goldman Sachs, IDG, and KPCB each accounted for 2%, while Red Shan Capital's shares have been diluted to 3.8%, and the remaining shares are held by many other small shareholders! Through the second investment, Cisco received 1.32 billion U.S. dollars!
asked Cisco how to deal with so much money? Very simple, just three words, "acquisition to go"!
Cisco will not repay the bank money for the time being, and Citibank and Morgan Bank will not call for debts at all. The longer Cisco delays the better, the loan interest will be higher!
A bank is a monster institution. The richer you are, the more it likes to lend you loans! If you don't have money, it won't lend you money!
In order to expand Cisco's scale performance, it is necessary to recommend Cisco products before users access the Internet!
If Cisco also provides Internet access services, then when users access the Internet, Cisco can immediately recommend its own products, which is a perfect match!
At the same time, in order to combat AOL's Internet access services, Cisco's involvement in Internet access services is of very important strategic significance!
Different from AOL's small-heartedness, it also rents someone else's network channel!
If you want to do it, just do a big vote! !
The acquisition of the network backbone network seems awesome! !
Before the end of the meeting, Henry announced that Cisco was preparing to acquire the backbone network. Everyone at UU Reading www.uukahnshu.com raised their hands and praised them, but Ford Brook smiled wryly: Cisco did this, not Is it killing AOL? Others don't know Henry's details, can he not know? The Nicholas Group and Isearch are all companies under his name...
Now that we are uniting with Cisco to besiege AOL again, Ford Brooke has a desire to die!
Nima, don't bring such bullies!
Ford Brook drove back to Sequoia Capital in a dingy manner, immediately reported the news to the board of directors, and also told Steve Case to know.
But AOL has small arms and legs, and it is very helpless for Cisco to acquire the network backbone. They are left alone, hoping that Sequoia Capital can attack it. But sniping this thing is completely contrary to the development strategy of Sequoia Capital. They are a venture capital company, not a technology company. Sniping on Cisco and then acquiring a network backbone network is simply thankless! Moreover, Sequoia Capital does not have that much money.
Don't look at Sequoia Capital's awesomeness, but it has invested in many companies, and it may not have a lot of funds on its hands. Unless it sells shares or borrows, it has no money to buy network backbones!
"On January 10, 1989, Cisco officially filed an acquisition request with MCI!!"
As soon as the words were released, the nation was shocked again!