Chapter 559: $18 Million to Buy 70% of Oracle Shares!
Chapter 559: $18 million to buy 70% of Oracle's shares!
May 29, 1980.
RSI Chairman's Office.
9:00 am.
Ellison is busy in front of the computer.
Now he is very worried. On the one hand, RSI has no business at all. On the other hand, the company's rent and employees' salaries cannot be reduced by a penny, which is his pressure.
He and Robert have been looking for Future Capital for three months. During this period, although Future Capital has talked to them, it has not formally discussed financing. Instead, it has been rumored that its competitors may be financed by Future Capital.
This has made Ellison worried for a long time. He feels that his hair has fallen a lot.
It has to be said that starting a business is really not that easy.
At this time, the landline phone in his office rang.
"Hello, I am from the headquarters of Future Capital. Is this Mr. Ellison?"
"Yes, I am."
"Our general manager, Mr. Yuan, formally invites you to discuss financing."
Formal discussion of financing?
Ellison was so excited that he almost jumped up.
"Thank you for your notice. I will get ready to go there right away."
Ellison hung up the phone and almost jumped up in excitement. It turned out that all his troubles seemed to disappear at once, which meant that Future Capital might raise funds for RSI.
Ellison ran to another office, and it was Robert who was in the office.
"Robert, we are going to succeed. Future Capital notified us to go there to discuss the financing."
Really?
Robert couldn't believe it either.
He thought Future Capital had given up on financing them.
It was delayed for three months.
They immediately got ready and drove to Future Capital.
When their car just arrived at Future Capital, the security guard let them in.
The two got out of the car, and Yuan Tianfan had sent someone to take them to the meeting room.
Ellison and Robert came to the meeting room.
In addition to meeting Yuan Tianfan, the general manager of Future Capital, there was also Landon, the director of the human resources department, and Navia, the financial director.
That is, these three people.
"Mr. Yuan, hello."
Ellison and the other two greeted and shook hands with Yuan Tianfan and the other two, and then sat down.
"Mr. Ellison, Mr. Robert, your company needs financing. After three months of investigation and process by Future Capital, we can formally discuss financing matters. Among them, Future Capital proposes to finance 70% of RSI's shares at a price of 8 million US dollars."
8 million US dollars for 70% of the shares!
Ellison and Robert were very surprised.
It's not that they think the money is too much, but that the money is too little.
Future Capital financed Pingguo Company with nearly 400 million US dollars to buy 30% of the shares.
Now they want to buy 70% of the shares for 8 million US dollars.
"You can also put forward your own opinions, or you can disagree with our Future Capital financing amount and share requirements." Yuan Tianfan said directly.
Ellison and Robert both felt that Future Capital wanted too many shares, and on the other hand, they felt that the amount of financing given was too little.
Only 8 million US dollars.
In their opinion, at least tens of millions of dollars.
"Mr. Yuan, first, we don't want to sell too many shares. Second, the financing funds provided by Future Capital are too little, which does not meet our requirements."
"No problem, you can ask, but whether we agree or not is up to us. What's more, you also know that there are many database companies like you in Silicon Valley now, and we can provide financing to other companies at any time."
This is what scares Ellison and Robert.
In the eyes of Ellison and Robert, if they get a large amount of funds from Future Capital, they will acquire similar companies as soon as possible.
Now what Yuan Tianfan said scares them.
If Future Capital does not provide them with financing, they have to find other capital companies for financing again.
But this is too difficult.
"Mr. Yuan, can we go back and think about it?"
"Yes."
Ellison and Robert can only leave first.
Leaving the Future Capital Industrial Park, returning to RSI, they immediately found another shareholder, Edward.
The three did not have the original surprise.
Because according to the financing amount and financing shares provided by Future Capital, it is more like acquiring their company, not financing their company.
There are many such things in Europe and the United States, and it is also normal.
The founders of many companies have fewer and fewer shares.
However, Future Capital now wants too many shares.
"Robert, Edward, what do you think we should do?" Ellison said helplessly.
He has been waiting for three months, but he didn't expect to wait until this situation.
Robert and Edward are also a little embarrassed.
They always believe that the database will have a great future. Now there is no performance and no data, so it is difficult for others to believe.
Now, Future Capital can only give these.
They either give up or find other capital companies again.
However, Ellison is unwilling to give up. He is really afraid that the future will be long and the future capital will directly finance their competitors.
After those companies get the funds, they will immediately surpass them.
"Let's think it over first, and then go to Future Capital to talk to them tomorrow."
. . .
That night.
After Yuan Tianfan came back.
Report to Yang Ming about the financing of RSI.
"Boss, Ellison and Robert are not happy to learn that we are using $8 million to buy 70% of their shares."
Yang Ming had guessed this long ago.
Jews are greedy people. Even though Ellison is a Jew who grew up in the United States, the genes in his blood are like that.
"Continue to talk to them. Of course, according to my idea, the $8 million is really just to buy their shares. When the time comes, I will inject another $10 million into RSI."
Inject another $10 million?
Wouldn't that be equivalent to financing RSI with $18 million this time?
This is a lot of money.
In this era, it is not so easy to get $18 million in financing at one time.
Even in the next thirty or forty years, it is not easy for ordinary companies to get such a financing.
. . .
The next day.
When Ellison and Robert came to Future Capital again and talked with Yuan Tianfan, including the financing shares, whether they could be reduced to 50%.
It was obvious that Ellison, Robert, and Edward still wanted to continue to control RSI.
Yuan Tianfan said directly that the financing shares could not be reduced any more.
If they were unwilling, Future Capital would directly acquire their competitor's company.
This time, Ellison and Robert were really stunned.
They believed that Future Capital would do what it said.
Looking at the look of Ellison and the others, Yuan Tianfan said: "For your company's financing this time, Future Capital is only equivalent to purchasing 70% of the shares. In addition, Future Capital will also inject 10 million US dollars into RSI as working capital. In other words, this financing fund is equivalent to 18 million US dollars."
Another 10 million US dollars?
Isn't that 18 million US dollars?
At this time, Ellison and Robert's expressions were really different, and they were so excited that they almost shouted.
Chapter 9!
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