Chapter 1434 We Have a Big Boss Behind Us
The two people were looking at the documents and reports about Google's shares. When Google was first established, Yang Dongxu was very optimistic about the company and used an offshore company to become an angel investor of Google.
At the beginning, he didn't take much, only 21% of the shares. Later, Google's development was relatively smooth, and this share remained unchanged.
Later, Google, which had just started to improve, caught up with the Internet bubble crisis in 2000. In order to keep Google running, Yang Dongxu had to increase his investment.
At that time, Google could not find other capital willing to invest in the Internet, so Yang Dongxu obtained another 28.6% of the shares.
Then Google took advantage of Yahoo, contracted Yahoo's search engine business and promoted itself, and life became better.
After so many years of stable growth, Yang Dongxu also continuously transferred his shares to some offshore companies, so that these companies would not hold more than 5% of the shares to avoid raising their own placards when Google went public, and continuously dispersed his Google shares.
Who knew that last year, in 2004, Yahoo suddenly found that its younger brother Google, who worked for it, was amazing, and it didn't have enough money to acquire him.
Since it cannot be controlled, it is natural to suppress it, so Yahu broke off the cooperation with Google and spent money to develop the search business.
Google not only lost a big business, but also ushered in a strong opponent. Therefore, although the company's operation is not as difficult as in 2000, there are some minor setbacks.
Yang Dongxu had to pay again to make these minor setbacks smoother, and then the shares in his hands increased a little bit, and this was a small increase after Kennedy and Jack came in to share the pressure.
But now he still holds 33% of Google's shares and is an absolute major shareholder, and those shares that are less than 5% of the shares that are shared with other offshore companies and do not need to raise a placard for listing have also reached an astonishing 26%.
These are all money, Yang Dongxu will definitely be reluctant to give them, but if he doesn't give them to him, he is not a US citizen, and the US Department of Commerce will definitely not be happy.
So last year, Google originally wanted to go public to overcome the difficulties of being suppressed by Yahu, but it was suppressed by Yang Dongxu as a major shareholder and did not go public.
And while he continued to increase his shareholding with a part of his own money, he also lent Google a sum of money without interest, plus the funds invested by Kennedy and Jack Jr.
Google was not short of money, so it began to practice basic skills again and did not mention the listing, preparing to lay a solid foundation and make a big splash.
After more than a year of development, Google, which was once Yahu's younger brother, has now become the world leader in search engines with the support of sufficient funds.
At this time, Baidu went public, and a guy who was not as good as himself became a superstar in the US stock market just by relying on the Chinese market. Google's listing will definitely be even more powerful, so the company's senior shareholders are now getting restless and want to take advantage of this wave of momentum.
This is also the reason why Yang Dongxu had to fly to the United States first even though he was thinking about whether to go back to his hometown to see his son, after all, he hadn't seen him for nearly a month.
"Or I should change my nationality." Chen Xin said.
Yang Dongxu looked at her and rubbed her head with his hand. "It's not that bad, but it's a solution. At least having a US identity can save a lot of trouble.
But after you change your nationality, it will be easier to handle the investment shares of some companies in the US, but the investment in Rising Sun Technology that you managed before and the shares of Rising Sun Technology that you have now become a problem.
The US is a super tax country. Drug dealers will not be arrested for drug trafficking because of insufficient evidence, but they will definitely go to jail for tax evasion.
After you change your nationality to the US, your income and equity in other countries in the world must be taxed by the Americans. I don't want to give them money."
Chen Xin rubbed her face against Yang Dongxu's big hand. She knew that this matter could not be perfectly solved by changing her nationality. After all, she took on the burden of the US, and Yang Dongxu would be left with a mess in China. The main reason was that Yang Dongxu couldn't find a suitable person to take charge of the work left after Chen Xin changed her nationality.
After lunch, Chen Xin and I took a warm nap on the bed. At around 2:00 p.m., we got up and packed up. Yang Dongxu and I went to the meeting room of the presidential suite.
At this time, the people who needed to meet in the United States to deal with Google's affairs had already arrived in the office.
Harry Page, an American uncle with slightly gray hair, who easily reminded people of Huang Bo when he smiled.
Shelf Brin was decadent all over his body, like a geek who often stayed up late, looking like he wanted to sleep but never woke up.
These two people are the founders of Google and the absolute second and third shareholders of Google. Harry still has 12.7% of Google's shares, and Shelf has a little more, 14.1%.
Although the shares of the two people together account for only a little more than a quarter of Google's shares, they have a lot of say in the development of the company.
Because although Yang Dongxu held shares several times, he basically wanted shares, and did not take away the management rights of the two people over the company. On the contrary, he basically stood on the side of the two people in many things.
After all, without him in the previous life, the two founders would have made Google so successful. As an outsider, he naturally didn't need to make decisions and cause trouble for Google. It would be so easy for him to just hold the shares, sleep at home and count the money.
In addition to the two, there are also Jack Jr. and Abel in the conference room. Jack Jr. now holds 4.5% of the skeleton shares, and Abel holds 5.6% of the shares on behalf of the Kennedy family. He entered the market earlier than Jack Jr., so he holds a little more skeleton shares.
The remaining shares are in the hands of some other investors, but most of these shares only have dividend rights but no voting rights, so such a meeting is the same whether they are present or not.
"I know everyone is busy, so I won't waste my words." Yang Dongxu walked to the main seat and sat down. "I invited you here today to discuss the issue of Google's listing.
The listing of Baidu, a Chinese enterprise, has caused a great sensation, so Google's listing is also imperative.
But before that, Harry and Scherver were very interested in YouTube and decided to acquire the company to make up for Google's missing board width.
What we need to discuss today is whether to acquire YouTube before or after Google's listing. At present, Google has sufficient funds in its account, so there is no problem in acquiring YouTube even if it does not go public.
However, if the news of the acquisition of YouTube is released after the listing, and the acquisition is successful in the end, it will not be difficult to pull Google's stock higher and surpass Baidu.
But there is a premise here. YouTube is developing very fast. If we start preparing for the listing now, it will take about two months.
If we acquire YouTube after the listing, it will take about 1 month even if all negotiations go smoothly. So if we acquire YouTube three months later, we may need to pay hundreds of millions of dollars more."
That's right!
Just pay a few hundred million dollars more in three months. YouTube has developed so fast after the intervention of the big guys. It has been riding on rocket thrusters.
"Your side" Harry looked at Yang Dongxu with a little worry, and so did Scherver.
To be honest, regardless of nationality, Yang Dongxu is really a very good partner. No matter what problems the company encounters, he will come forward to solve them as soon as possible. He will give money and people.
The reason why Google has developed so well in the past two years has a lot to do with the fact that many of the company's middle-level backbones were poached by Yang Dongxu.
Otherwise, with Harry and Scherver, who have to expand the company's market while building the company's team internally, Google will never be able to develop as well as it is now.
At the same time, Yang Dongxu never made decisions in the company, and even when he disagreed with the two of them, he never used his status as a major shareholder to force them.
They all used sufficient reasons and evidence to convince the two people. Such investors are hard to find in the world. But unfortunately, capital has no borders, but capitalists do.
"Before going public, I will reduce my nominal shareholding to less than 5% and not participate in the bidding. The US Department of Commerce will no longer be an obstacle. At the same time, Jack and Abel are not simple capitals. Jack is from the California consortium, and Abel helps the Kennedy family to manage the business. You can rest assured with them." Yang Dongxu said.
Harry and Scherver looked at the shareholders who joined the company in the past two years with some surprise. At first, they just thought that these two were not called mysterious consortiums.
I really didn't think that one of these two people was a consortium and the other was one of the four major political groups in the United States.
Before, the two were a little worried that if Google wanted to become stronger without introducing some US consortiums, it would probably encounter the ceiling consortium blockade after rising to a certain height.
Now this worry has completely disappeared. The shareholders of their company include not only consortiums, but also political families. Looking at the entire United States, Google with such a background is definitely a top-notch existence, so the two were surprised and couldn't hide their surprise.
"Baidu's stock has been falling in the past two days. Although it has been very strong and hovering around $195, the market's enthusiasm is gradually dissipating.
So my suggestion is to do both at the same time. Let's prepare for the listing while negotiating with YouTube. Once the listing is successful, we will directly announce the news and let the stock price soar." Harry said with a little excitement.
"This is indeed a good solution. The next question is how much we have to bid to get the other party to sell the rapidly expanding YouTube to Google." Yang Dongxu said.
"This." Harry and Scherfer's faces were a little dull for a moment.
In recent months, YouTube has been like taking an expansion agent and has been far ahead of others. It gives people a sense of dominance that I want to dominate the world and I am not short of money. It is indeed very bluffing.
Anyway, no matter who else, if they are the holders of YouTube, they will definitely not sell YouTube at this time, unless it is a really high price that cannot be refused.
Then the question is, if YouTube is acquired at an absolutely high price, will this business supplement make more money for Google, or will it lose money? After all, acquisitions must consider cost-effectiveness.