Chapter 93 Boss Zhen’s R&D Encouragement Manager
Apart from the problems of Tongcao Technology itself, the proposal of buying a shell is very good.
So Cao Shen also wanted to hear more about Boss Xiao's opinion, so he asked:
"Boss Xiao has a ready-made shell?"
As a financial tycoon, Xiao Gang has a ready-made shell in his hand for capital operation, which is a necessary means.
"Cao Shen, the market value of TT Technology is about to fall below the cash on the books. I think it is a good shell." Xiao Gang's tone was quite pleasant.
TT Technology, as a shell?
This means a reverse acquisition of TT Technology, revenge through this method...
It seems okay?
The reason why Cao Shen did not consider this issue before was that the acquisition of TT Technology was not necessary.
Secondly, TT Technology is a competitor of Youxin. If Cao Shen talks to Zhang Da, it is very likely that the other party will ask for a high price to disgust him.
Moreover, the various negotiation processes are very troublesome, and Cao Shen is a person who is afraid of trouble.
If the stock is purchased in the market, so many purchase orders will raise the price, and Cao Shen thinks it is not cost-effective.
Moreover, the publicly issued shares of TT Technology only account for 25% of the total issuance. Even if Cao Shen collects all the shares on the market, it will not meet the minimum invitation line of 30%.
Hearing that Cao Shen did not reply immediately, Xiao Gang thought about it and realized that he was negligent. Cao Shen should not be familiar with the various operations of buying shells. So he explained:
"I now have 17% of TT Technology shares, HDC has 23%, and MDT has 20%.
I have talked to HDC and MDT, and they are willing to sell their shares at a valuation of US$6 billion.
In other words, you only need US$2.58 billion to get 43% of the shares.
Adding what I have, I have absolute control over TT Technology.
The entire TT Technology team has 32% of the shares, and Zhang Da has 17% personally.
As for whether you want this part of the shares, you can talk to the team. Except for Zhang Da personally, I think the remaining 15% is still easy to acquire.
US$6 billion, I think it is a very cost-effective price.
Although the market is unanimously not optimistic about TT Technology now Well, one of the factors here is the market sentiment.
From a fundamental point of view, the current value of TT Technology is underestimated.
It still has a large number of users on the PC side.
Moreover, in the field of PC games, they are also a leader in China, and have accumulated a lot of high-quality game IPs.
Even if they cannot compete with Youxin in mobile instant messaging in the future, they still have opportunities to make PC games and game derivatives, as well as audio and video applications with this user volume.
If you want to buy a shell, I can lend you money without interest.
However, this is a prudent decision, and you still have to consider it based on your business development. I just think the current transaction price is good. ”
“Thank you, Mr. Xiao, I will think about it and give you a reply in the next two days.” Cao Shen said.
"Don't be so anxious. I can still control the stock price of TT Technology. You should think carefully.
Xiao Gang laughed heartily, and his tone was very calm throughout the call.
Speaking of acquisitions, a transaction of billions of dollars is just like going out and buying two pounds of tomatoes when you see that they are cheap today.
Sure enough, the world of the rich is so simple and unpretentious.
This matter was completely unplanned, and the amount involved is large.
The key is that once it goes public, Cao Shen's entire planning rhythm will change significantly.
And there are so many people in TT Technology. Although it has secretly laid off 5,000 people in the past six months, there are still nearly 10,000 people waiting to be fed.
But if TT Technology is brought under its command, the number of PC TT users, the accumulation in the game field, and the 6 billion US dollars in cash that Cao Shen was worried about before will no longer be his own problem, but his own bargaining chip.
Oh, no, most of the 6 billion US dollars will be used to acquire the stocks held by TT Technology shareholders.
Basically, it is equivalent to the original shareholders getting the money on their accounts through the acquisition. Cash is divided.
These people took the cash away, and I still have to pay the remaining employees!
Then I have to bargain again! I have to get three months' wages for these 10,000 people.
Acquisitions also require layoffs. I only have a few people in Tongcao Technology. You have so many people and your efficiency is too low.
Then there is also layoff compensation, which also needs to be bargained out!
The disadvantage of acquisitions is that I suddenly took over this big company and had to ensure its normal operation and better operation than before. It is a very time-consuming and energy-consuming thing.
And it will definitely involve drastic organizational structure adjustments and business adjustments...
Just thinking about it makes me feel very troublesome!
In addition, although it is a shell listing, Tongcao Technology must also be able to see the light in all aspects. How to do this...
Xiao Gang hung up the phone and took a sip of the tea that Zhang Da had just refilled.
Zhang Da also poured tea for himself, put down the teapot with a thump, and said with some dissatisfaction:
"Boss Xiao is really sincere to this rookie. He has made a good plan and has even calculated on me. "
Xiao Gang smiled: "Zhang Da, how many years have we known each other? Ten years?"
Zhang Da glanced at him: "Almost twelve years."
Xiao Gang nodded: "Yes, it's been twelve years, we are old."
Zhang Da said unhappily: "So, we should give way to the young people?"
Xiao Gang blew the water in the teacup into wrinkles, raised his eyes and looked at Zhang Da: "What else?"
Zhang Da's fingers rubbed the handle of the teapot vigorously: "Xiao Gang, you are forcing me. "
His tone was serious and his expression even darker.
Xiao Gang relaxed his body and leaned back on the chair, looking down at Zhang Da: "What else?"
"TT Technology's listing in Xiangjiang does not mean that shares have the same rights. Although you can contact other institutions to sell shares to you, most of the voting rights are still in the hands of our core team.
As long as our core team doesn't nod, you won't be able to acquire it. If you want to hand over TT Technology to Cao Shen, it's too simple for you! "Zhang Da's voice was raised, and his tone was filled with anger.
"Well, what you said makes sense." Xiao Gang didn't take it seriously and said slowly: "You were always here when I called just now, didn't you hear me?"
"Hear something!"
"I told Cao Shen that except for the seventeen points in your hand, the other core team's shares are not a big problem." Xiao Gang adjusted his cuffs slowly.
Zhang Dahuo stood up:
"You! Impossible! Our core team has been together for more than ten years!
At this time, they will become even more entangled. This is not the first time that TT Technology has encountered a crisis!
Every time we reach new heights, we rely on the cohesion of the core team!
You are so naive! "
Xiao Gang nodded: "Well, it took a while to convince them."
He gently opened Zhang Da's hand and pointed at his hand and said:
"Zhang Da, calm down.
You also said that after more than ten years together, people will get tired.
The average age of your team is forty-two or forty-five?
The most energetic years of my life were dedicated to TT Technology.
You want to tie yourself to TT Technology, but you also have to think about other people.
With their abilities, experience and resources, they can try something else while they are still young and use the Internet to enrich their lives and see the outside world.
Whether you are starting a business or investing, come out and take a look.
Instead of growing old and dying together with TT technology.
This is too cruel.
It is better to retreat bravely from the rapids than to be in danger at the end of the year. "
"You! Is this how you convinced them?" Zhang Da's body was shaking a little as he stood. He never thought that these veterans who worked together would leave him, which was what he couldn't accept the most.
"Yes! It's a very simple truth, isn't it?" Xiao Gang patted the table and motioned for Zhang Da to sit down.
Zhang Da sat slumped in the chair and looked at him.
Xiao Gang continued:
"If you think about it carefully, some of these veterans are still fighting on the front line.
Do you really sympathize with what young people like?
Yes, as the leader of TT Technology, you have always insisted on caring about the preferences of young people, what these future users pay attention to, what they like, and what is popular.
But do you really find it particularly interesting when you play with their stuff?
You have to admit that times are different, cultures are different, and growth environments are different.
You are just following young people's things instead of creating them. "
Zhang Da smiled and shook his head: "Although we are old, TT Technology adds new blood every year. We create new products that meet future preferences."
"That's right." Xiao Gang also nodded:
"But, have you ever considered how the people you recruited can get ahead in an environment where the seniors are their immediate bosses?
When they are working on projects, they do not consider breakthroughs or innovations.
Instead, you need to consider the balance between your own creative breakthrough and the seniors’ ability to approve the project.
The greatest strength is spent on balance in order to obtain the company's resources.
And even if the results they make are good, so what? Promotion, salary increase?
What kind of achievements are needed to surpass the status of these elders? "
Zhang Da shrank and fell silent.
Xiao Gang continued:
"What if TT Technology gets the ticket to the mobile Internet.
These young people still have a chance to overtake others because they have made excellent mobile Internet products on TT Technology's platform.
But now, you don’t have the tickets, and they have lost this opportunity.
Entrepreneurship is so hot now. Instead of staying in TT Technology to be a screw, these young people should go out and give it a try. Then, what you are about to face will be the loss of a lot of talent.
If you look at Tongcao Technology, the UUA it acquired was nine young people. He has become the core figure of Youxin Game Open Platform.
At TT Technology, your employees no longer have this upward path.
They have to wait for the KPI assessment year after year and climb up step by step.
You said, where will outstanding talents go in the future?
In the technology industry, talent is the number one fighting force! "
Zhang Da lowered his head and said nothing.
Xiao Gang stood up:
"Old friend, you've done a great job for many, many years.
It's time to make way for young people, and it's not bad to invest.
Isn't it better to use your experience and resources to achieve more Zhang Da than to stick to TT Technology? "
He reached out and patted Zhang Da on the shoulder:
"The legacy of the consumer goods industry may be valuable, but the technology industry must have upstarts for the world to progress."
After saying that, he walked out of Zhang Da's office, leaving Zhang Da looking at the empty chair with dull eyes.
On October 1, Huanshi Video released its own 4.0-inch screen smartphone as scheduled, and it sold out in one minute.
Because they are all in stock, everyone received their mobile phones one after another during the holidays.
By the time the stock market opened on Monday, there were already overwhelming praises.
Inevitably, the stock price rose again and will continue to grow wildly.
Huanshi Video purchased this mobile phone with an eight-star eight-arrow price of 2299 yuan. After changing the Huanshi shell, it was only sold for 1299 yuan. This cost-effectiveness and performance must be high.
At this time, Damai Mobile Phone had previously fallen into the dilemma of battery explosion and delayed delivery. Other domestic mobile phone brands will not be able to send out the first batch of goods until next month.
Therefore, Huanshi smart phones have become the number one mobile phone brand in China!
Finally, Huanshi Video has become the "real technology concept stock" that Zhen Chong has always dreamed of.
And with the concept of "online TV station", it has become a scarce stock in the domestic stock market for a while, and it is unparalleled.
By the end of October, the entire market value had reached 60 billion yuan.
Boss Zhen also got a new title, Zhen Peach!
But the senior management of Huanshi Video's mobile phone R&D team knew what was going on. This was not something they had made at all!
The machine he made, which only has a prototype, is still bursting with bugs.
This made Liang Xingmao, the vice president of R&D, feel anxious all day long. He was originally just an R&D director of a mobile phone solution company, and he jumped to Boss Zhen's job as R&D director under the packaging of a headhunter.
Although he was also an R&D director at Taihe, R&D in Taihe is divided into product lines and groups. The head of a group is given the title of director, and there should not be too many R&D directors.
Now that Huanshi Video's mobile phone has become a hit, he has been promoted to vice president of R&D. Not only that, because of this mobile phone, the outside world's evaluation of him has suddenly become extremely high.
From an unknown team leader to a leading figure in the domestic smart phone R&D, this scared him.
This feeling is like everyone is praising your son for being great, really amazing, and having good genes, and your genes are really strong, but your son is not your own!
Just tell me, do you feel uneasy!
Not only that, Boss Zhen seemed to have gotten the sweetness of doing a lot of public relations and arranged a full schedule for him.
All kinds of industry seminars, all kinds of success sharing sessions, and interviews with major media all asked him to show up desperately.
He was trying to create the first person in China.
But the more this happened, the more Liang Xingmao became cowardly, and his whole state was sluggish.
Boss Zhen saw this and felt that it was not good. Next, I still have to rely on you to ship the products you make! How can I feel at ease with your dead look.
Moreover, although the entire mobile phone R&D team has signed a confidentiality agreement. The R&D personnel below are often responsible for their own functional modules, and they may not really understand this matter. Even if they understand it, there is no need to jump into the wolf.
Several executives know about it, but these few are fine. They are happy to do what they should do after receiving the bonus.
But Liang Xingmao is different, he looks dead. Boss Zhen is worried that this coward can't bear the pressure mentally and explode himself!
Thinking about solving this internal problem.
One day, Boss Zhen learned that there is a job called programmer encourager, and he got inspiration.
In terms of this kind of encouragement, who can compare with me!
So, Boss Zhen waved his hand!
Let’s go for team building and hold a celebratory banquet!