Reborn Tycoon Rise

In the InterContinental Hotel in New York, He Guoyuan reported to Xu Zhihui: "Xu Sheng, the contract with RCA has been signed!"

"Okay, this matter is finally done. I contacted Goldman Sachs the day before yesterday. They have also found a large consortium. The other party is interested in acquiring NBC TV stations, but they don't want other departments. It matches us perfectly. It's just a matter of details. The negotiation has not been finalized yet, but it is estimated that it will be soon, and the game will begin soon." Xu Zhi took a sip of coffee and said with a smile.

Wang Liming also said on the side: "I have also prepared to short 100 million US dollars of RCA stock, but because the total amount is not large, I have to see the stock's decline to know the profit."

"Let's just treat this little profit as fun." Xu Zhi waved his hand and said with a smile: "This time Goldman Sachs is the main force in short selling, and we can only follow behind and drink some soup."

Short selling is very profitable in many cases, but in addition to the leverage ratio and decline, what is more important is the total amount of the target. If it is currency, oil, commodities, stock indexes, these basically have no upper limit, then as long as you dare If it is big enough, you can let go of short selling.

But if it involves company stocks, a problem arises. You must borrow enough stocks, because the principle of short selling is to borrow the stocks first and then sell them. When the stock price falls, you can then buy the stocks and return them to get the price difference.

The total market value of RCA is as high as US$5 billion, but many of the shares are owned by large pension funds or labor union funds. It is difficult for investment banks to borrow, so there are not many stocks that can be borrowed on the market. In addition, Goldman Sachs is also involved. Wang Liming can borrow 100 million US dollars, which is already considered good.

Moreover, you need to be very careful when shorting a company's stock, because it will easily cause the stock to fall when it involves selling the stock, and it will cause the stock price to rise when the stock is repurchased later. Xu Zhi does not intend to make too much profit from this speculation. , the emphasis is on participation. After all, what he really values ​​​​is the subsequent acquisition of RCA's TV business department.

"Xu Sheng, the negotiations with Kang Maoda were not going well. Trammell is not willing to sell the company at all." He Guoyuan began to report another matter to Xu Zhi: "However, I have also contacted other shareholders privately, and they are very interested in our acquisition. interested."

Xu Zhi nodded and asked, "How many shares do these shareholders have in total?"

He Guoyuan said: "More than 60%, Kangmaoda's current major shareholders are Sequoia Capital, Citibank, Silicon Valley Commercial Bank, AIG and other companies. Currently, because of the rise of Apple's new computers in the market, Kangmaoda has been unable to provide quality products. Competitive products, these venture capital companies have quite a lot of conflicts with Trammell, and they all have plans to withdraw their capital. If we take over, we can get it at a good price."

Xu Zhi nodded and said: "Okay, then just buy these shares first and then negotiate with Trammell. This person is capable and it would be best if he could be used by us."

"I understand, then I'll do it immediately!" He Guoyuan agreed and immediately went to prepare for the acquisition.

This time Xu Zhi and He Guoyuan came to the United States mainly for RCA matters, but another plan was to prepare to acquire a computer company.

Speaking of personal computers, almost everyone will think of Steve Jobs's Apple Computer, but in fact throughout the 1980s, there was another computer company that was equally famous as Apple - Commodity.

The predecessor of Commodity Company was a small shop that repaired typewriters. Later, when the business prospered, it began to manufacture its own brand of typewriters. In 1969, the founder Trammell began to produce calculators, and in 1974, he developed the 6502 microprocessor Chip and used it to develop the famous "pet" microcomputer, and is therefore considered a pioneer of microcomputers.

Commodore's peak period was in the 1980s. In 1982, the Commodore 64 computer was released, priced at US$595. Throughout the 1980s, the computer's sales exceeded 20 million units, which was four times the sales of Apple computers during the same period. The highest sales in a single year exceeded 10 However, in the 1990s, the company went bankrupt due to the wrong development of its strategic line.

Personal computers were an industry that was about to take off in the 1980s. Xu Zhi intended to cultivate Midea into the world's top electronics company, so he would not miss this market.

It may not be difficult to make a computer. Steve Jobs’s first product was assembled in a garage. But that was the most primitive wilderness era. Many people didn’t know what a personal computer was. The cost of the first batch of Apple computers was actually very high. , but because there were no competitors, they were all sold out quickly. Although it has only been a few years, the personal computer market and technology have developed rapidly, and customers have long been trained to be picky.

It is almost impossible to replicate the experience of Apple's garage startup. The only way to enter this market is mass production, cost reduction, and technological innovation.

Starting from scratch is naturally not a problem. Midea Electronics' laboratory in Xiangjiang has already used the 6502 processor as the CPU to create its own computer products. However, if it can acquire a mature company, it will obviously be more cost-effective in terms of time. Although Kang Maoda has benefits It hasn’t been very good recently, but it has its own R\u0026D team, patent reserves, and sales channels, not to mention that the commodore64 embryo, which will be a big success in 2 years, has been formed. As long as Xu Zhi injects more funds, he will definitely achieve the greatest success. .

One week later, He Guoyuan spent US$5 million to buy back 63% of Kangmaoda shares from several major venture capital funds.

Xu Zhi smiled and said: "Let's go, I want to meet this Trammell in person."

Now that the decision to acquire Kangmaoda has been made, Midea's branch in the United States has already made preliminary preparations. Acquiring a company cannot be done in a few words. Although founder Trammell disagreed, the two parties have already gone through the process. Many contacts were made.

Although Trammell does not agree to be fully acquired, he hopes that Midea can invest in his company, because the company's funds have long been tight, and several major venture funds are obviously not prepared to continue investing money.

The meeting took place in a cafe near Central Park. Trammell's first impression on Xu Zhi was that he had a big, flat face that didn't match his tall nose, and he sat up very casually.

"Mr. Trammell, I am Eric Xu from Midea Company." Xu Zhi introduced himself with a polite handshake.

"Hello, if you are here to discuss investment, I welcome you warmly, but if you want to acquire my company, then I'm sorry, I won't agree!" Trammell said bluntly before Xu Zhi could speak. come out.