Chapter 542 Sir Yang Hopes to Raise Funds for Pingguo Company!

When Lin Dezhong left, Jobs was still reading the invitation letter.

Sir Yang invited Jobs to have dinner with him at Connor Manor tonight.

In Jobs' view, Sir Yang's identity was not simple. He swallowed up many foreign companies in Hong Kong. No one knew how much Sir Yang's wealth was.

Jobs knew that Sir Yang had a close relationship with London and was even knighted by the Queen.

In addition, the computers ordered by the Empire Group from IBM made Jobs very jealous. If he could cooperate with the Empire Group, then Pingguo's computer sales would definitely increase a lot.

In addition, the Empire Game Company under the Empire Group almost monopolized the global game industry, including hardware and software. Jobs felt that he could cooperate with Sir Yang.

Even if Sir Yang did not invite him, if he knew that Sir Yang came to Silicon Valley, he would definitely visit him in person.

That afternoon.

Jobs called Wozniak and he was going to meet Sir Yang with Wozniak.

. . .

Yang Ming, Ah Zhu, Zhong Chuhong, and He Chaoxun were walking around outside the manor.

There is still sunshine now, so it is not that cold.

When the sun is gone, it is still a bit cold here in Connor Manor.

It is 16:45 local time in San Francisco.

Lin Dezhong came over and said, "Mr. Yang, Mr. Jobs brought a white man to see you."

Jobs also brought a white man?

When Yang Ming went out, he saw Jobs, who was wearing myopic glasses and looked very young. The older young man next to him who looked full of beard was Wozniacki?

This Wozniacki is not simple either. Pingguo Company can develop like that, in addition to Jobs, it is also inseparable from Jobs as a partner.

When Jobs left Pingguo Company, even if Wozniacki did not betray him directly, he did not stand up to support him.

"Hello, Sir Yang."

When Wozniacki learned that Jobs brought him to see Sir Yang, Wozniacki was also very excited.

Empire Group game console, Wozniacki really likes it very much.

He liked both arcade and handheld game consoles, but he thought that the arcade game consoles at $6,500 were a bit expensive, but the handheld game consoles were sold at a very low price.

"Sir Yang, this is my partner, Mr. Woz."

"Hello, Mr. Woz."

Yang Ming shook hands with Jobs and Woz respectively.

Yang Ming came to this world and he didn't know how many times he had met which celebrities.

Yang Ming, Jobs and Woz sat down in the living room and drank coffee there.

It was still early, and it was not time for dinner yet.

It was getting cold outside, and it was impossible to go out.

"Sir Yang, we want to talk business with you."

"Okay."

Yang Ming, Jobs and Woz entered the study.

In the study, Jobs said directly: "Sir Yang, it's like this. I heard that your Empire Group and its subsidiary companies order a lot of office computers every year. Our Pingguo Company's Apple II is also very good as an office computer. I hope to cooperate with the Empire Group."

Yang Ming thought it was something else, not just buying computers produced by Pingguo Company.

When Yang Ming bought a computer, he wanted to buy a Pingguo computer at first, but found that there was no dealer in Hong Kong and he had to wait for a long time, so he bought an IBM computer first. Later, the Empire Group purchased more and more computers, and it was also a big customer of IBM.

Jobs and Wozniak knew about it, so they were naturally jealous.

Even if the Empire Group could buy 10,000 Pingguo computers, it would be very good.

In addition, the games of the Empire Group are really good. If they can be licensed to Pingguo Company and cooperate with Pingguo Company, the sales of Pingguo computers will certainly be greatly improved.

The sales of the arcade machines of the Empire Game Company are really good.

Not to mention those handheld game consoles.

It was precisely because of the emergence of the so-called home computer game consoles and the emergence of a large number of low-quality games that the game consoles in the United States were depressed for several years.

Now the sales of Empire Game products in the United States are still very good, and this situation will basically be avoided.

Pingguo Company hopes that the Empire Group will buy Pingguo computers, and there is also the matter of cooperation with the Empire Game Company.

Yang Ming thinks that these can be discussed, but it will inevitably involve the issue of interests.

There is also the Windows operating system that Yang Ming has already asked people to develop.

Historically, Yang Ming knew that Pingguo Company had its own operating system and could not use Microsoft's Windows.

Now that Yang Ming has someone develop Windows, Pingguo Company will probably not use it, but will use its own iOS system.

"Mr. Jobs, Mr. Woz, we can talk about the purchase of office computers. We can also talk about the cooperation between Empire Games and your Pingguo Company."

We can talk.

Whether it can be negotiated is another matter.

Jobs and Woz were very happy after hearing this.

They didn't expect Sir Yang to be so easy to talk to, but what Sir Yang said next surprised the two of them.

"Mr. Jobs, Mr. Woz, I am optimistic about your Pingguo Company. Although Pingguo Company just raised a sum of money from 16 investors at the end of last year, I don't think it is much. I hope that my venture capital company in Silicon Valley, Future Capital, can provide Pingguo Company with more financing."

Sir Yang is going to raise funds for Pingguo?

Jobs and Wozniak were really shocked.

Last year, Pingguo was doing OK.

Of course, why did they need to raise funds? In addition to the lack of funds, they also lacked technology. In this case, Jobs, Wozniak and others naturally accepted financing from more investors.

The most difficult time was in 1977 and 1978. Jobs, Wozniak and others almost couldn't continue, but they finally gritted their teeth and survived.

Now Sir Yang is actually going to raise funds for them.

On December 12, 1980, Pingguo went public. After the IPO, the largest shareholder Jobs' diluted shareholding ratio was about 15%, the second largest shareholder Markkula held about 7 million shares, accounting for about 11.4%; the third largest shareholder Wozniak held 4 million shares, accounting for about 6.5%.

In less than an hour, all 4.6 million shares were snapped up, and the stock closed at $29 per share that day. According to this closing price, there are 4 billionaires and more than 40 millionaires in the senior management of Pingguo Computer.

It is about 61.4 million shares.

The largest shareholder, Jobs, holds 15%, about 9.21 million shares.

The second largest shareholder, Markkula, holds 7 million shares.

The third largest shareholder, Wozniak, holds 4 million shares.

The listing is 4.6 million shares.

The remaining 16 investors raised 59.6% of the shares, accounting for 38.2 million shares.

In late summer of 1979, Pingguo Computer Company decided to conduct a round of private placement financing before listing, namely mezzanine financing.

Through the relationship between Don Valen and Markkula, the financing was soon successful. A total of 16 investors, including Xerox, Rothschild, Untenberg, Towbin, Brentwood Capital Company and some individual investors, subscribed to the shares of Pingguo Computer Company at a price of US$10.5 per share. Pingguo Computer Company raised a total of US$7.27 million this time.

Xerox had a special venture capital department at the time, and Xerox purchased nearly 100,000 shares for $1 million. After Xerox invested, it allowed Pingguo to visit its mysterious Palo Alto Research Center. "Jobs looked around like a child, observing various new technologies, and was ecstatic."

Calculated, at this time, Pingguo's market value was estimated at $614 million.

After listing, it was sold at $29 per share, which is equivalent to about doubled.

How to value it now.

Before it was listed, even if Yang Ming calculated it according to the historical market value of $29 per share, he felt it was worth it.

The third chapter will be updated!

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