Chapter 1272 Thieves Also Have Their Ways

"Christopher, my friend, why don't you understand that to them, you are just a popcorn seller, and I am just a nouveau riche.

You know, we are just fat pigs. The only difference is that they are a little old and can no longer hold a knife.

Even so, there was nothing they could do with my wild boar. As for you, I don't think you have any room for resistance. "

William White had no patience for lengthy negotiations. Likewise, Christopher Galvin was impatient. They need to leave the game with dignity, otherwise, there is no way to recover the points they lost on the board.

"You mean?"

"Is it weird? Your family controls less than 5% of the shares. Even if I give my full support, you can't even hope to get the majority of support."

Having said this, a drop of cold sweat slowly dripped down Christopher's head. William White shook his head and smiled bitterly. The guy opposite him still didn't know anything at this time.

William White's words were like a huge wave that instantly destroyed every bit of Christopher's self-confidence.

"William, are you serious?"

"Haha, tell me, can the current stock price reflect the value of Motorola? For the vultures on Wall Street, any overestimation or underestimation will become a delicacy in their mouths."

“William, if it’s true as you said, it’s even less possible for me to sell it at a low price.

Because if I do, I might get fired from my company. "

"Isn't it possible? Steve Jobs was also fired. However, I don't think it is possible for you to start over."

William White knew very well that the guy opposite would definitely compromise. Of course he cares more about control of the company than a failed project. Since William White said that it was useless for the White Fund to support him, it was clear that the internal stability of his company was not very stable.

Yes, William White was greedy too. It won’t let up even if it’s valued at $200 million. Instead of saying it is an acquisition and reorganization, you might as well say it is bankruptcy liquidation.

"Do you want to make a bet? If I, William White, don't make a move, you won't be able to sell it for a dollar.

You don’t think that there is only the price factor, right? "

"Okay, deal done. If I say, I was a little sad and angry before entering the door. Now I understand, no wonder, many target customers have changed their plans."

William White nodded and said: "You and I both understand that the attribute of capital is greed. However, using external forces to engage in management buyouts is not greed, it is shameless."

"Thank you. I want to confirm that our cooperative relationship will not change?"

"Of course, you and I are both investors. It can be said that our positions are consistent. If you are a founder, there is nothing to say. If a professional manager does not have a little persistence and integrity, it does not matter how powerful he is.

This is behavior that cannot be encouraged. "

Christopher smiled and nodded. It was almost as he thought. The reason why William White told him was just his position.

As for whether William White would deceive him, he himself didn't believe it. To be honest, if he hadn't been desperate, he would never have been so decisive.

In his opinion, William White may have taken Yttrium for Tesla's rocket project. Due to the extremely high failure rate, not many people care about the Rockets anymore. In other words, William White has money, and he can spend it unscrupulously.

Launch failed?

It's okay, my brother likes to watch fireworks, can you care about that?

"Boss, if you tell him directly, you are suspected of sowing discord." It was unlucky for Ferson to encounter this casual boss. Of course, it was not appropriate for him to express an opinion on this matter.

Management buyout, in his view, is not that unpalatable. In other words, if you are unable to lead the company forward, abdicating your position and making way for someone more worthy of your position may be a solution.

This is the nature of the capital market. Otherwise, there would not be so many rules. Isn’t the reason why exchanges exist just for the circulation of companies?

Of course, the boss will not like it.

Or, after Philson has his own company, his mentality and ideas will change.

"Filson, I'm not so absolute. MBO actually means nothing. I've given up on Yahoo and Amazon.

If one day I really can't manage the company well, the position of chairman is actually not necessary.

There is a bottom line here, it is not okay to eat everything inside and outside. Look, I think Christopher is going to lose in the end. "

"Boss, are you saying that this will be a hostile takeover?"

"Haha, not only that, this will also be a gluttonous feast. In the end, Motorola will be swallowed up to the last bit."

William White was not going to say anything anymore. Of course, the reason why he told Philson now was also very simple. Whenever someone wants to sell, the White Fund will bid.

Huh, dude is still a shareholder of Motorola. No matter what you want to do, there is no way around me.

"Haha, the method is too rough. As a result, even if you succeed in taking the position, you will encounter a fierce backlash." Buffett curled his lips with a look of disdain. He understood very well that William White was someone who would never suffer a loss. It's just a pity that Motorola will be stuck in internal friction for a long time.

"Old man, doesn't that fit your cigarette butt theory?"

Buffett didn't care when he heard Charlie Munger's teasing. Damn it, what I need is cigarette butts, and Motorola obviously doesn't fit the bill. He is not qualified to participate in any big game.

"Haha, I really want to know what the expressions of those old guys will look like.

However, the Galvin boy is indeed not very capable. Making a good mobile phone honestly is no better than anything else. "

Naturally, William White didn't know about the conversation between the two old guys. If he knew, he would be very disapproving. Founders and professional managers have completely different business ideas for the company.

Generally speaking, those well-known CEOs in the United States are always spinning their wheels. Anyway, we have an agreement. How much performance will I help you improve and how much equity incentive will you give me?

Generally speaking, three years is the maximum. Because beyond this time, no matter how good a professional manager is, he will be squeezed out by himself. By then, not to mention improving performance, there may be negative growth.

The benefits are obvious. They will streamline the company's management and do their best to reduce various expenses. In short, if the general environment does not change, increasing profit margins is very common for these people.

As for the drawbacks, what they do is drink poison to quench their thirst. How to maximize the overdraft potential is what they should do. As for R&D and brand image, if the company's performance cannot be improved in a short period of time, they will all be cut off.

Among them, the most typical one is Gerstner who was invited back by Big Blue.

You see, the advantages are so obvious. Because of this person's joining, Big Blue got rid of the bad luck of bankruptcy and liquidation.

This is a benefit, as for the disadvantages.

After this guy succeeds and retires, whoever comes to take over will be in a dead end. If you don’t believe me, look at IBM. Almost all great inventions were developed by this guy before he came to power.

There are no ifs in this world. More people will only say that the subsequent successor is a loser. Of course, they don't know that once a so-called high-tech company gives up research and development, it will be a dead end.