"Dur, I'm not looking for you this time, but our 'Holy Son's highness' has found you. As for the specific situation, I won't tell you. Let this St. John Lee talk to you in detail."
After everyone sat down, don Valentine spoke first, then pointed to Li Feng with a smile, and sat aside without saying a word. It is estimated that he will watch the next good play.
Li Feng was speechless for a while and could only say it repeatedly in his heart. He was not a good man, not a good man!
"Oh, John, it seems that your 'son of God' name has spread from Yahoo. It's estimated that your 'son of God' reputation will spread in Silicon Valley soon."
"Hi, dur, it's been a long time. It's all rumored by others. If I really want to be the son, I'll appear directly in the Vatican now." Li Feng said with self mockery.
After hearing Li Feng's self mockery, everyone burst into laughter and looked at Li Feng. It's really that Li Feng's age is too deceptive.
......
"Well, back to business, Valentine said that you came to us this time. Listen to what Valentine said on the phone. Are you interested in Netscape?"
"Now that I've come to Netscape, I think you should know what I mean. I'm optimistic about Netscape's performance. Therefore, I hope to buy some Netscape shares before IPO. You see, I'll be slaughtered by you." Li Feng shrugged and responded jokingly.
"Mr. Shengzi, thank you for your attention to Netscape. We are very happy about this. Mr. Shengzi is also welcome to invest in Netscape. However, I personally have a proposal. I don't know whether Mr. Shengzi is interested?"
It was Jim Clark who interposed after hearing Li Feng's words.
"Oh, please." Li Feng nodded to go on.
"We are also optimistic about Yahoo's future. We can directly replace Yahoo's shares with Netscape's shares in a ratio of 1:1. I don't know if you are interested."
......
"I'm sorry, Mr. Jim, forgive my directness. I'm more optimistic about Yahoo than Netscape. Therefore, we can stop the topic of changing Yahoo's shares directly.
Now let's discuss the distribution price of Netscape. If it's feasible, I hope I can buy some directly. I think it can also make Netscape a good start in the future roadshow, isn't it? "
I thought, if you want to change my yahoo shares, dream. Netscape was acquired in 1998, which seems to be worth billions, and Yahoo can reach nearly 100 billion at its peak. Let alone 1:1 replacement, it is 1:10 replacement. Li Feng feels a little at a loss.
Li Feng is very clear that when Yahoo reaches its peak, if he can cash in all, he may be close to 10 billion immediately. It's absolutely frightening to say it. If you want to change it now, Li Feng may think about it if Apple's shares come back.
In fact, what Li Feng doesn't know is that Apple's market value is only 5 or 6 billion.
......
"Well, in that case, let's let the representative of Morgan Stanley, the underwriter of Netscape IPO, explain the situation."
Jim saw that Li Feng refused his proposal without hesitation. Although he was unhappy, facing the future of Netscape, he asked the representative of Morgan Stanley to explain the situation.
"Hello everyone, I'm Neil. At present, Morgan Stanley has submitted S-1 (prospectus) documents to the sec. At the same time, we have started to mobilize all aspects of Morgan Stanley to help Netscape pass as soon as possible.
According to our estimation, the whole process should be completed in July and August, followed by a roadshow of almost 7-10 days, and finally the initial IPO should be completed in August.
At present, the initial offering price we are preparing is $14. Of course, this is only the initial offer. As for the real offering price determined before listing, we need to see the performance of all aspects when we can determine it.
Our plan is to issue 5 million circulating shares. Morgan is confident that Netscape will complete a successful IPO. Thank you! "
......
"In that case, I want to buy 3 million Netscape shares directly according to your issuing price before IPO. I hope to get your support. Of course, I hope to cash out the shares at any time."
After hearing Neil's words, Li Feng almost screamed. He heard that the temporarily set issue price was only $14. Li Feng thought it was really cheap.
What Li Feng didn't know was that after listening to his request to buy 3 million shares directly, everyone almost jumped up. It's really crazy.
You know, generally, the price of the shares purchased in advance is lower than the issue price. It is basically difficult to see such shares purchased directly at the issue price as Li Feng. This is also Li Feng's ignorance, but who makes him an ordinary person in his previous life and doesn't understand the detours here.
According to Li Feng's 3 million shares, the 5 million shares issued must not be moved and can only be purchased from multiple shareholders. Otherwise, Li Feng will directly occupy 3 million shares, and the remaining 2 million shares are meaningless to be listed, and there are too few circulating shares.
At the same time, there are also concerns about Li Feng's right to cash out at any time. If Li Feng sells all 3 million shares at once, Netscape's shares may become junk stocks. Therefore, the scene was a "buzzing" discussion.
......
"I know your concerns, but please rest assured that we can set a condition, such as not allowing me to cash out before twice the issuance price, and not selling stocks at one time. I don't think I want my stocks to be worthless, do I.
Finally, I don't need to enter the board of directors and other rights. I'm just a simple investment. You don't have to worry too much. You just need to consider whether this investment is in line with Netscape's wishes. "
It can be said that Li Feng gave up all rights of Netscape and finally moved everyone of Netscape.
Sure enough, after listening to Li Feng's words, everyone was relieved at last. After several people discussed it, Jim stood up.
"In that case, Mr. Shengzi, welcome to invest in Netscape. On behalf of Netscape, I announce that I accept your investment. As for the company's shares, 3 million shares will be allocated from my personal shares."
From here, Li Feng also knows that Jim is the largest shareholder of Netscape. After Netscape was listed, Jim almost holds nearly half of the shares.
As for the famous Mark Anderson, seriously speaking, there is no more shares than Li Feng.
......
In fact, it's normal to think about it. Capitalists are not philanthropists. After Jim invested money, the power of the company is actually in Jim's hands, and Mark Anderson is mainly responsible for technology.
What Li Feng doesn't know is that Jim directly invested $5 million to jointly establish Netscape company with Mark Anderson. Most of the shares are occupied by Jim. After all, the funds invested are Jim's,
Even after the introduction of venture capital later, before Netscape went public, Jim's equity still accounted for nearly half. It is conceivable how many shares Jim has.
Jim's consideration at this time is that even if he sells 3 million shares, he is still a major shareholder, and his original 5 million investment can now cash in $42 million, which has made a lot of money. Li Feng bought the shares directly at the issue price. There's no reason why he doesn't sell himself.
In the future, when Netscape goes public, the shares in his hand will make a lot of money, and the shares in his hand are enough to ensure his control over Netscape. Why not.
Now that both parties have reached an agreement, the next thing is simple. The legal advisers of both parties can directly draft the agreement and contract and sign it.
......
Li Feng spent US $42 million to buy 3 million shares in Jim's hands. It is stipulated that the shares cannot be sold on the premise that they are less than twice the issue price, and the ban can be lifted and cashed out at any time if they exceed twice the issue price.
At the same time, Li Feng's shares do not occupy the quota of the board of directors and do not participate in the operation of Netscape. It operates purely as a stock investment.
When the official signature came into effect, there was warm applause in the conference room. At the same time, Li Feng also breathed a sigh, and finally took the fortune ship of Internet view.
After that, don Valentine also proposed to buy 1 million shares. Netscape or considering don Valentine's great influence, also agreed.
The shares were still purchased from Jim, that is to say, Jim's original investment of 5 million yuan has now reached 11 times the income, which is really a crazy return on investment.
......
Of course, Li Feng is not jealous. Isn't it the same when he invested in Yahoo? He invested 500000 at the beginning and now borrows 50 million directly through mortgage loans. He has more than 100 times his income.
For Li Feng, the vigorous third trip to Silicon Valley came to a successful end.