Game Development Giant - Chapter 872
c866 I disagree
The company founded by these two people also deals with the Internet, and its name is Google.
This company has just been established not long ago and is not very famous yet, but the search engine website they launched has indeed become extremely popular on the entire Internet during this period of time.
There are countless funds for consortiums that want to participate in investing in this company, and now the concept of American technology stocks and Internet stocks is noisy. In the world, many people have made a fortune by investing in Internet stocks and technology stocks. I don’t know how many people have made a fortune overnight. From a poor student to millions, tens of millions, and even billionaires.
Therefore, there are very many people who are interested in investing in this.
The same goes for Google.
Since it is so hot, Larry Page and Sergey Brin are not too anxious. Now it is their turn to choose investors, not investors to choose them.
Of course, according to the agreement on the first investment, in the second round of investment, those who invested in the first round are eligible to increase their investment in the share expansion to ensure that their shares are not diluted. Of course, if you want to ensure that your shares In order not to be diluted by share expansion, large investments are naturally essential.
This time it was not Jester who took the initiative to discuss with Larry Page, the two founders of Google.
It was the two of them who took the initiative to come to the door and wanted to talk about the second round of investment, because Jester was the largest shareholder of the first investment in Google. At that time, Jester was extremely generous in selling, 30 million. With an absolute investment of US dollars, I obtained 35% of Google’s shares. This shareholding was indeed extremely high, but at the time, no one else could match the price offered by Jester.
Although somewhat reluctant, Larry Page and Sergey Brin agreed to Jester’s investment after careful consideration.
Because in their view, they can rely on subsequent rounds of financing to dilute the shares. There is no way around this. After all, if one person controls too many shares. Then it would be too dangerous for the two pioneers in the future.
The example of Steve Jobs is right there.
When Steve Jobs founded Apple, he was not very impressive, but he ended up being at odds with investors. You can still be kicked out of the company you founded. This is also the biggest worry of all people who work in technology companies in this area.
Of course, now Jobs has regained control of Apple with Jester’s help, and Jester, as Apple’s first director, did not interfere with Jobs. Of course, under the leadership of Jobs, Apple’s performance has improved significantly in recent years, and even relied on the strong performance of MP3 to return to the peak of the past, which indeed surprised everyone.
According to the original plan, this matter was difficult to negotiate.
Jester is rich, very rich, and both Larry Page and Sergey Brin know this.
Needless to say $100 million, let’s call it a billion dollars. It was nothing to Jester. After all, they had been in contact with Jester for so long. As their investors, Larry and Page would naturally investigate Jester’s background.
The results of the investigation were shocking.
Granted, Jester is best known as the founder and chairman of Mars Entertainment, and of course, not long ago, Jester resigned from his position as chairman, allowing his wife to take over. This was his original identity, but this identity only brought him fame. The vast majority of his wealth did not come from games.
Mars Entertainment’s profitability is outstanding. However, the proportion of Jester’s wealth may not even be one tenth.
Needless to say, it is the portion of Citi shares he received after the merger between Travelers Group and Citibank, and the annual dividends he received. It is not comparable to Mars Entertainment.
Not to mention the power that comes with that stake.
That was Citibank, one of the most powerful financial giants on Wall Street. The power he represented was naturally earth-shattering and extraordinary. At least the two of them could not imagine how much power Jester had.
Just knowing this is enough to scare Larry Page and Sergey Brin.
What’s more, this is still not his entire property.
Jester knows that investment is extremely broad. The projects, companies, and industries he has invested in are almost all over the world, including Japan, South Korea, Country Z, and even the Middle East, Australia, South America, and Europe.
The investment projects are also diverse and bizarre, ranging from retail, hotel, high-tech, traditional industries and even minerals are within his investment scope.
It is said that even after the Asian financial crisis, the Samsung Group, which has developed extremely rapidly and has become South Korea’s largest chaebol, also has a large investment from Jester, and Jester even plays a pivotal role in it.
And the news these two people heard recently.
It was Jester Holdings, the famous registered wealth management fund under Jester’s name, that officially submitted a letter of intent to bid for Vale. This will be a bidding plan of more than 3 billion US dollars.
You know, Brazil was undergoing internal reforms during this period, one of the core of which was the privatization of state-owned assets.
Although Brazil’s economy is now in collapse, inflation has reached incredible levels.
However, there are still several domestic companies that are very eye-catching, including Vale. After all, this is one of the top three or even top two ore companies in the world. It has the largest mining company in the world. Iron ore mines, of course, iron ore is not too valuable now, and because of this, Vale is not the most eye-catching privatization reform in Brazil.
The most eye-catching one is Petrobras!
Of course, there are many people who are jealous of the largest oil company in South America. Those oil giants are sharpening their knives. Jester also considered it before, but later, the heads of the consortia behind oil companies such as Total and Shell all approached Jester. Jester has met and they hope Jester will not participate in this bidding.
As long as Jester agrees to their request, they can help Jester win other bids that he is interested in.
Jester is not a person who likes to have grudges with others. His investment goal is just to make money, and he himself has not invested much in oil. In addition, Samsung, which previously wanted him to do this, also agreed. He could cooperate with Total in bidding, so Jester, who had no desire for anything, agreed with the other party’s opinion and specifically set his target on Vale.
The iron ore currently owned by Vale is indeed not very valuable, but you must know that the country on the other side of the Pacific is about to begin its golden decade of rapid development. It is inevitable that the price of iron ore will rise sharply afterwards.
Jester is very clear about this period of history, how the three major ores joined forces to manipulate iron ore, and how Baosteel reached a contract price with Nippon Steel and Posco. He also knows a thing or two.
Because of this incident, other domestic steel companies called Baosteel a traitor and traitor.
However, Jester didn’t care much about these things. He only needed to know that he could make a lot of money in the future by purchasing more than 30% of the shares that Vale put up for auction this time.
But it depends on the price of some Vale shares. Basically, it’s no secret that the Brazilian government can’t let anyone take advantage of it.
Three billion dollars!
For these two people, this is simply a number that they cannot even imagine.
This is not a so-called stock, but a real three billion US dollars!
This time, Larry Page and Sergey Brin originally said they planned to go to California to meet Jester in person, but after they notified Jester. Jester said that they were going to New York once during this period, so if it was convenient, they might as well meet in New York.
During this time, the two founders of Google were also in New York for the second round of financing, so they had this meeting.
It’s not that Jester wants to go to New York to relax with his wife. To be honest, in order to do WOW, Jester doesn’t have much time to travel around during this period. He even planned to go to Australia for Christmas with Claudia. The plan to take a rest on his own island has been put on hold for the time being. Fortunately, Claudia also understands his current job.
Just because Citibank’s annual shareholder meeting will be held in these days, as one of the major directors of Citibank, Jester certainly needs to attend this meeting.
Jester listened over a cup of coffee as the two founders of Google made their pleas.
What they plead for is simple.
That is to hope that Jester can reduce its shareholding in the second round of financing. In other words, it is to hope that Jester will not raise funds according to the proportion of the second round of financing. Of course, financing according to its own shares is The power Jester has, no one can stop it, so. This was the request from Larry Page and Sergey Brin.
The two men saw that Jester always smiled when he heard what they said, and a Jester would agree to their request.
But after they finish talking.
Jester’s first words shattered their wishful thinking.
“I disagree.”
Jester said this categorically, and even after a slight pause, Jester continued: “Both of you. I am very optimistic about your company. I think your company has the ability to create the future. .”
Jester’s words are not a low opinion.
Larry Page and Sergey Brin may not have such high expectations for Google, but what they are most worried about is that one person controls too many shares. In the end, the company they created will not be theirs in the end. , and even kicked himself out. This is the saddest thing.
“I know what you’re worried about.”
Jester said something immediately, and then pondered for a moment.
“I also know that it is difficult for me to convince you, but what I said before is true. I am really optimistic about Google. I think its future is promising – of course, I don’t want to take this away from you. You should also know my investment style. I rarely participate in the specific operations of the companies I invest in, because when I invest, I am not only optimistic about the project itself, but more importantly, I am optimistic about doing this. Project people.”
This sentence naturally meant something, and Larry Page and Sergey Brin also knew that Jester was praising them.
However, as two people with outstanding intelligence and talents, they certainly knew that the words of capitalists could not be trusted, so their disappointment did not change at all.
Jester also saw this scene.
“You are just worried that I control too many shares, and we will have more and more say in the future, and may even drive you out of Google.” At this point, Jester paused, and then smiled, ” With all due respect, as long as you two have enough skills to keep this company growing and get enough dividends for my investment in the company, then what the hell am I crazy enough to drive you out of Google?”
“Besides, I only own 30% of the shares now. Even if I invest proportionately in all future investments, it won’t have any impact on you running Google, right?”
Hearing what Jester said, Larry Page and Sergey Brin also hesitated, because what Jester said made sense.
“Yeah, if we can do a good job in this company, of course he won’t use his equity to drive us out, but if we don’t do well, even if he doesn’t drive us out, other shareholders can just sit back and watch. ?” But soon, the two of them had a second thought: What if some of our ideas conflict? To be honest, Larry Page’s thoughts about Sergey Brin’s Google are not just about treating it as an Internet company.
He even hopes that in more than ten years, when people call their company, they will call it a technology company, not just an Internet company.
Who knows, before they could express their thoughts, Jester smiled and said.
“To be honest, I somewhat understand your concerns. Are you worried that I will object to your ideas or proposals for the future development direction of this company? I think you are completely overly worried about this. I said before, I will not interfere at all in the specific operations of the companies I invest in. I will only arrange for my financial team to supervise the finances. This is also my right. As for whether you will research quantum computers or other things in the future, I have no idea. I don’t care, what I care about is what this company can bring to me.”
Hearing Jester talk about quantum computers, the two founders of Google smiled and thought Jester was really humorous. Even if they were whimsical, they didn’t think they had the ability to develop quantum computers.
But what neither of them could have imagined was that the Google in Jester’s mind would actually be conducting research on the feasibility of quantum computers fifteen years later. (~^~)