Chapter 1418

"In my opinion, the biggest problem of Makino technology's purchase of apple is not Apple itself, but that Makino technology can offer apple a purchase offer."

Louis Martin told Li Mu: "no matter how low Apple's market value is, 3 billion US dollars will basically reach the bottom in this round. After all, Apple has its own operating system and computer host business, and this Polly space is too fierce, so Apple's stock price will have a certain oversold phenomenon. When the bad space is digested, there will be a proper bottom touch rebound. We will use 3 Take $500 million as an example. If Muye technology wants to make a successful acquisition, its offer must be at least 5 billion yuan or more. The two sides will come to me for several rounds of negotiation. It is estimated that the actual operation price should be around $5.5-6 billion. "

"5.5-6 billion?" Li Mu smiled and said nothing to Louis Martin.

In fact, his psychological price, even if it is 7 billion dollars to buy apple, is not expensive. If 5.5-6 billion dollars can be taken down, it is really cheap to grandma's house.

However, looking at the amount of 5.5-6 billion US dollars, it's cheap, but it's also a huge amount of capital for Makino technology. With the current capital volume of Makino technology, it's far easier to swallow such a camel than to suppress its share price.

Luis Martin asked Li Mu, "Mr. Li, assuming that apple is going to be privatized at a valuation of 6 billion US dollars, how is Muye technology going to pay for this huge amount of money?"? In the last round of financing, Muye technology only raised 3.3 billion US dollars. If you remember correctly, 300 million US dollars was used to cash out the shareholders, and only 3 billion US dollars was actually injected into the operating capital. Moreover, Muye technology has invested in a large number of data processing centers around the world, and this money should have been spent on 78.8%? "

Li Mu nodded and said: "Muye technology can't get 6 billion dollars in cash, but we can choose other solutions."

Louis Martin asked, "do you want to merge with some cash and some shares of Makino technology?"

Li Mu asked with a smile, "am I crazy? I use Muye technology's shares to acquire apple? Let Apple's shareholders change from holding shares in apple to holding shares in Makino technology? Isn't this a blessing in disguise for them? "

Louis Martin nodded and asked in surprise, "how are you going to raise the money?"

Li Mu said: "we can negotiate with apple first, talk about an intention price, then communicate with apple shareholders, pay some cash first, and then pay the rest after Muye technology goes public, pay them a considerable extra interest, do you think it is feasible?"

Louis Martin said: "I personally think Apple's shareholders may not agree. They are all experts in playing capital. If they are not optimistic about a project, they will choose to stop loss and cash out as soon as possible, and then take money to make other investments. The last thing these people care about is the interest rate. On the contrary, they are all people who like to give others interest rates and take others' money to make investments. ”

speaking of this, Louis Martin looked at Li Mu and said with expectation: "Mr. Li, in fact, the best way is to carry out another round of financing for Muye technology, and get the money to buy apple. It is roughly estimated that the current valuation of Muye technology can reach more than $70 billion. If you finance another round and dilute 10% of the shares, the capital for purchasing apple will come out. The rest Money can do other things. "

"Before IPO, I'm not going to refinance," Li said with a smile

Now, Muye technology has a very strong user volume, product strength, team strength and support strength, and the gap between it and other competitive products has also been widened by 18000 Li. Moreover, the value-added service income of YY is very considerable, the profits of Paradise Town, zombie online of plant war and YY game hall are also very high, and the gold absorption of muying ticket system is huge Beast, the overall profit is very considerable, and there is no place for all business lines to burn money. At this time, Li Mu doesn't need a lot of money to seize the market, so it's not worth the loss to dilute the shares again.

However, for Louis Martin and Sequoia, they are also very optimistic about the future of Muye technology, so they are also very hopeful to win more shares of Muye technology before it goes public. The market value of Muye technology is rising rapidly, which is beyond imagination. The sooner they get the shares of Muye technology, the sooner they can lock in huge profits.

Although Li Mu is not ready to raise funds, but now he wants to buy apple. Money is the biggest problem. Li Mu doesn't have so much cash. The most valuable thing in his hand is Muye technology's shares. But it's not worth taking shares for apple at this time.

However, in other words, this is the best window period for Apple acquisition. Both the stock price of apple and the confidence of Apple managers will reach the bottom completely in the recent period. If Apple can be taken before the bottom rebounds, it will be a disaster from now on. If you want to take apple after the bottom rebound, the cost will be much higher.

This is the same as the mentality of the domestic retail investors. When the stock keeps falling, they want to sell the stock deeply but can't sell it. At this time, they dream to cut the meat quickly. But when the falling limit is opened, many people don't want to sell it. Because he thinks that since the falling limit has been opened, it indicates that it is not far from the rebound. It's better to make up for it After the loss, we even hope that the stock will rise to a new height.After thinking about it, Li Mu still thinks that it's the safest way to buy apple in the near future. So he said to Louis Martin, "Louis, I will immediately set up a business department that is specifically responsible for purchasing apple. I will be in charge of the business department myself, and you will be the senior consultant of the business department. You have worked hard these two days to sort out the specific plan of purchasing apple by Muye technology, and start to investigate Let's see the lowest price that Apple may accept. After the World Health Organization lifted the warning of the Chinese epidemic in recent days, I went to the United States in person to land this matter. "

Louis Martin nodded and said, "since I'm here, I'll do my best to help you and Makino achieve the goal, but then why do you wait for who to lift the epidemic warning before going to the United States?"

Li Mu said: "as a public figure, I should do my duty and obligation. I stayed in Yanjing all the way during the epidemic, hoping to take myself as an example and improve everyone's confidence in fighting against SARS. I don't want to affect some people because I left the epidemic area halfway."

"I see." "In that case, we'll start to prepare for the next few days. We're not in a hurry. After all, apple can't deal with this mess for a while and a half," Martin said

……

Today, the SARS epidemic in Yanjing and the whole country has been effectively controlled. According to the first-hand information of Muye technology, no new patients have appeared in Yanjing in recent days, and Xiaotangshan Hospital has recovered.

At this pace, in less than a month, the impact of SARS will be completely over, and by that time, the whole nation will be able to breathe.

However, Li Mu speculated that the who should not be so harsh. They could not wait until all patients were discharged from the hospital before announcing the lifting of the threat. According to the current situation of domestic epidemic control, even now, there is no problem in announcing the lifting of the threat.

Once the World Health Organization announced that the crisis of the Chinese epidemic had been lifted, Li Mu's task in SARS was completed. The first thing Li Mu had to do was to fly to the United States and clear up the backlog in the near future.

The most important issue is the acquisition of apple, in addition to other business development of Makino technology in the United States.

Mark Zuckerberg's Facebook has also been launched. In order not to interfere with his own ideas, and not to let Makino technology frame the development space of Facebook, Li Mu adopts the operation mode of "big handlebar" for this project, allowing Mark Zuckerberg to play the drums himself, but even so, Li Mu still needs to understand the situation and see the young man's thinking Compared with the last life, is there any deviation in the dimension mode? If so, please help him to change it quickly. If not, please continue to let him run forward.

And Elon Musk, who has been waiting for further communication with Li Mu on the electric vehicle and commercial launch vehicle projects, both of which need a long time and money to develop slowly. Before Li Mu's final answer, Elon Musk did not dare to move.

Li Mu plans to take a month to go to the United States to finish all these things, and then communicate with people of Sequoia Capital about the listing of Muye technology in the United States. At present, the company is developing smoothly. It's time to plan the IPO.

IPO is a miracle opportunity for enterprises like Muye technology.

The market of capital is relatively calm. How much is the value of Muye technology? The valuations given by capital are relatively conservative. Although according to Louis Martin, Sequoia Capital is willing to give Muye technology a latest valuation of more than 70 billion US dollars, but Li Mu does not approve of this valuation.

With only one AOL, the peak market value is nearly 200 billion US dollars, while Muye technology only takes one YY, which data is not far higher than AOL in terms of user number, influence and coverage? Not to mention the huge power of the whole ecological integration, such an Internet giant is only valued at $70 billion, which is really bullshit.

However, Li Mu is also very clear in his mind that with the operation of capital, 70 billion valuation is not a pit, and 80 billion at most is the sky high. Because they also have to reserve profit space for themselves, even they are waiting for their shares to soar after listing, so it is impossible to take the market value after listing to value Muye technology.

For the circulation market, investors have great confidence in a healthy and storytelling enterprise, which can often bring higher P / E ratio to the enterprise, and the final result is to make the stock price and market value soar even more.

Based on the current market situation of the entire Internet industry, if Apple is successfully acquired, Li Mu is confident that after the IPO of Muye technology, the market value will rapidly exceed 150 billion US dollars, and even after mango-me2 and yytunes are mature and Muye technology successfully digests apple, the market value will hit 200 billion US dollars.

At that time, the amount of fundraising of Muye technology will reach 20 billion dollars, which is the real realization!