Chapter 541 Target Pingguo Company!

According to the salary set by Yang Ming, fifty people is also a lot of salary.

In Yang Ming's opinion, it is very worthwhile.

After Yang Ming handed over the company's affairs to Yuan Tianfan, Landon, Navia, and Tim Patterson, Yang Ming did not stay any longer.

He left here by car and returned to Connor Manor.

Yang Ming set his sights on the second goal.

Pingguo Company.

In 1976, Jobs successfully persuaded Wozniak to go with him to sell the machine after assembling it. Another friend of theirs, Luo Wayne, also joined. The three formed Pingguo Computer Company on April 1, 1976.

In May of the same year, Jobs negotiated with a local computer store, The Byte Shop. The owner Paul Terrell ordered 50 devices that were later called Apple I and paid $500 each on delivery.

After Jobs obtained this order, he sold his valuables to raise funds and persuaded the credit manager of Cramer Electronics, a large electronic parts distributor, to give the parts first and pay later. Finally, Jobs successfully completed the transaction. In January 1977, Pingguo Computer Company was officially registered as Pingguo Computer Company.

In the same year, Wozniak had successfully designed Apple II, which was more advanced than Apple I.

Jobs wanted to expand the company and borrow money from the bank, but Wayne withdrew because of the psychological shadow caused by the failure of risky investment (another saying is that Wayne chose to give up crazy work for health).

Pingguo Computer Company at that time lacked funding sources.

Jobs finally met Mike Markkula, who invested $92,000 and co-signed a bank loan of $250,000 with Jobs.

Yang Ming reviewed the financing process of Pingguo Company in the previous life, the equity structure before listing, and the rights structure of the company over the years.

Pingguo was founded on April 1, 1976. The founder Jobs held 45%, Wozniak held 45%, and Wayne held 10%; Wayne withdrew from the partnership soon after, and Jobs repurchased his shares for $800.

In August 1976, Markkula invested $91,000. At that time, the planned equity structure was 26% for Jobs, 26% for Wozniak, and 26% for Markkula; the remaining 22% was used to attract new investors.

On January 3, 1977, the new Pingguo Company was established, with an equity structure of 30% for Jobs, 30% for Wozniak, 30% for Markkula, and 10% for Engineer Holt.

However, this balanced equity structure was a foreshadowing for Jobs to be kicked out in the future.

At the end of 1979, Pingguo introduced pre-IPO mezzanine financing, with a total of 16 investors including Xerox, Rothschild, Untenberg, Towbin, Brentwood Capital, and some individual investors.

Until December 12, 1980, Pingguo went public. After the IPO, the largest shareholder, Jobs, held about 15% of the company after dilution; the second largest shareholder, Markkula, held about 7 million shares, accounting for about 11.4%; the third largest shareholder, Wozniacki, held 4 million shares, accounting for about 6.5%.

That is to say, from the time when Jobs and Wozniacki founded Pingguo, it was very difficult for Pingguo to be established at the beginning, because there was no sales and it was difficult to raise funds.

At the end of last year, after introducing capital and investors, it had passed the most difficult time. Historically, it would be listed at the end of this year.

That is to say, under the current circumstances, it is basically impossible for Yang Ming to acquire or completely swallow up Pingguo.

With Jobs' personality, it is unlikely that he would easily sell Pingguo. However, it does not mean that Pingguo does not need financing.

For any company in Silicon Valley, as long as it has not really gone public, it hopes to raise as much funds as possible, obtain more funds for development, and reduce risks.

Yang Ming is very optimistic about Pingguo.

Yang Ming admired Steve Jobs, the founder of Pingguo Company.

However, he came too late.

Pingguo Company was founded in 1976, when Yang Ming had not yet come to this world.

In other words, although it is impossible to acquire or swallow Pingguo Company now, it is still necessary to provide financing to the other party and get as many shares or original shares as possible.

In Yang Ming's view, the most important thing about Pingguo Company is Steve Jobs.

If Pingguo Company leaves Steve Jobs, it may not have Steve Jobs at all. Therefore, whether it is financing or dealing with Steve Jobs in advance, it is good.

Yang Ming returned here.

Yang Ming asked Lin Dezhong to send someone to deliver a written invitation letter to Steve Jobs.

Steve Jobs should work at Pingguo Company.

Pingguo Company, even if Lin Dezhong does not know where it is, he can still find out by asking people.

Now Pingguo Company is also one of the larger companies of Google.

When Lin Dezhong and the servant drove the invitation letter to Steve Jobs personally.

. . .

Cupertino City.

It is also known as the heart of Silicon Valley, and later became famous for the headquarters of Pingguo Company.

Here at the headquarters of Pingguo Company.

Now a white man wearing glasses, who looks about the same age as Yang Ming, is working.

He is Steve Jobs, the founder of Pingguo Company, who later became famous in the technology industry.

At this time, Jobs was wearing a black sweater and jeans, and was in his office.

At the end of last year, he was invited to attend the Xerox headquarters and was shocked by the technology there. Since then, he felt that the development of Pingguo Company was somewhat different from the past.

Before, Pingguo Company had great difficulty in financing and its sales were not good. It was really far behind IBM.

The pressure of entrepreneurship in that situation can be imagined.

After signing a financing agreement with the sixteen capitals and personal investors at the end of last year, he was temporarily relieved. Now he is also seeking to go public to obtain more financing for Pingguo Company.

At this time.

There was a knock on his office door.

"Mr. Jobs, a butler who claims to be Sir Yang is here to visit you."

Sir Yang?

For a moment, Jobs did not react.

"He said Sir Yang is Mr. Yang, Chairman of Xiangjiang Empire Group."

If you say Mr. Yang, Chairman of Xiangjiang Empire Group, Jobs will react immediately, and his expression will change immediately.

Jobs remembered that the Empire Group seemed to want to order a batch of computers from Pingguo Company before, but later gave up for some reason and ordered a batch of office computers from IBM instead. This made Jobs regret that he could not grab this big order.

The Empire Group has so many groups under it, involving more than a million employees. Even if only a part of the management uses computers, the sales volume is very large.

Jobs hurried out to greet him.

He soon saw a middle-aged man.

The man was Lin Dezhong.

"Hello, are you Mr. Jobs?"

"I am, are you Sir Yang's housekeeper?"

"Yes, my name is Lin Dezhong, I am here to send you the invitation letter on behalf of Sir Yang."

Lin Dezhong gave the invitation letter to Jobs.

Jobs hurriedly took it over to see that it was Sir Yang, the chairman of the Empire Group, who invited him to meet and chat at Connor Manor.

Sir Yang, the chairman of the Empire Group, actually came to Silicon Valley?

And he didn't even know!

The second chapter will be updated!

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