Unparalleled True Technology
Chapter 53 Do you want a psychiatrist?
For (such a coquettish me), I will add more rewards again.
...
Sith and Cage, who hurried to New York, did not expect Wen Ming to be so troublesome.
Wen Ming, do you know how much leave I've taken during this time?
Cage is still in school, so it is naturally impossible to work full-time. He agreed to work part-time before to help Wen Ming.
If my mentor wants to kill me, how do you think you should compensate me?
In the reception room of a high-end hotel suite, Wen Ming replied with a smile: I didn't expect this time to be so smooth. If you want to blame it, blame our company for developing too fast.
The lack of manpower is the biggest problem that Wen Ming's Apple company is facing now, but as Wen Ming said, his company is developing too fast. It took more than a month to create a cash flow of more than 60 million U.S. dollars, and now it is necessary to negotiate a financing case worth about 500 million U.S. dollars.
After Cage complained a few words, he did not continue, because compared with learning in the classroom, this kind of practice that can participate in real cases can improve his ability.
Sith is the person in charge of this cooperation. He also brought over one of his original lawyers, and with Cage, there are only three people.
My biggest concern is, Teresa Roy, do you really agree with the $430 million valuation?
This price is far beyond Sith's imagination, and also beyond Cage's imagination. They thought that the valuation of Instagram could reach 100 million US dollars or more, but after the increase in the number of users, the current Instagram, The number of registered users has just reached 8.9 million, which is less than 10 million. How could it be possible to get such a high valuation?
Wen Ming said confidently: Of course I'm sure. Don't just look at the 8.9 million registered users, but also the growth rate of registered users. For us, there is no shortage of cash to develop Instagram in a short period of time. So, if they want to take our ride, they have to invest more money.
Not all investors have a magical vision and can buy when the value of a company or product is at its lowest. Compared with the risk brought by the high profit, buying shares of Instagram at this time, although the profit is reduced, the risk is also greatly reduced.
Sith looked at Wen Ming, and really didn't know how to praise him. This ability to make money was completely beyond his imagination.
You mean, we want to split Instagram from Apple immediately, and then sell part of the equity of this newly split company to Teresa Roy.
Wen Ming nodded and said: Yes, our next plan is to manufacture hardware products, which will be Apple's main business. Moreover, I am very confident in my products. If I sell Apple's shares, it will definitely be The gain outweighs the loss.
Cage also knows Wen Ming's next plan, because he also participated in the work of applying for patented technology, and knows that many patents exist for hardware.
There is no problem with this, because Apple is completely owned by you and does not involve any other people's rights and interests. Therefore, it is very easy to split the Instagram product.
Sith arranged: Cage, I will leave the work of splitting Instagram to you. I hope you can complete this work after we complete the negotiation and before signing the contract.
Cage agreed, and asked a little strangely: Why us? I'm going to split Instagram, so shouldn't you be the one to do the negotiation?
Sith smiled and said, The only ones who can participate in the negotiations and draw up the terms of the contract are the three of us. Could it be that you expect Wen Ming to be able to participate in this kind of detailed work?
Cage looked at the innocent eyes of another lawyer beside Sith,
He sighed and said, I want a raise!
Wen Ming clapped his hands and said, I will take out 1% of the shares of Instagram to reward the employees of the company. Of course, for this part of the shares, the employees only have the right to dividends, and they are not allowed to cash out for the time being. If we wait for us When Instagram is sold, employees can enjoy cash dividends.
According to Wen Ming's requirement of USD 500 million for the valuation of Instagram, then one percent of the shares would be worth USD 5 million. And when instagarm is completely sold, the value will only be higher, even reaching the level of 1 billion US dollars, and 1% of the shares are equivalent to 10 million US dollars.
Apple's current number of employees is less than 100. If it is divided equally, each person can get at least 100,000 US dollars in dividends.
The three of Sith opened their mouths wide at the same time, looking at Wen Ming in disbelief, what is the concept of 100,000 US dollars?
Sith has been engaged in a high-income job as a lawyer for so many years, and he does not have a deposit of 100,000 US dollars. Of course, this is also related to spending habits. But Sith never made $100,000 a year.
And Cage was even more shocked. He is still a student at Harvard University. Although his family conditions are good, he has never earned so much money. More importantly, he, Sith and others can get more equity than ordinary employees.
Are you crazy?
These are Cage's original words. Although Wen Ming is his boss now, he is not polite at all.
Sith also said: Giving shares is a common method for many companies to win people's hearts, but those shares were given to the company's veterans when the company was inconspicuous or when it went public. You are no longer winning people's hearts, you are simply It's a waste of money.
Wen Ming laughed happily. When the boss gave the employees equity, the employees scolded the boss. Is this situation conceivable? But this is the reason why he trusts Sith, Cage and others, who can really think about him, not just his own interests.
Looking at another lawyer's constipated expression, Wen Ming could imagine his inner activities.
I am from Huaxia. In our Huaxia, there is a very famous story called A Thousand Gold Buys a Horse Bone!
Facing the three people, Wen Ming said: The content of the story is that there was a monarch in ancient China who wanted to buy a thousand-mile horse with 100 gold, but after he finally bought it, the horse died. So, the monarch asked Bought the bones of that horse for 500 gold.
Then, people who own Chollima in other countries sent their horses to his country and wanted to sell them to him.
Cage clapped his hands and said, I know what you mean, so don't you want to publicize this matter well?
Sith also understood, and said with admiration: This method is very good. Although spending money may not be able to invite qualified talents, qualified talents must be paid accordingly. I believe that after this time, There will be a lot of people who want to join our company.”
Wen Ming laughed and said: Promotion is definitely necessary, because if this matter is publicized enough, it will be of great help to the valuation of Instagram. Believe this, there will be someone on Teresa Roy's side, I hope you can connect well with each other.
no problem.
After Wen Ming talked about his own valuation of Instagram this time and the bottom line of the equity transfer, he talked about another project.
I need to set up a new company, a company engaged in biotechnology. The first project of this company is a biotechnology research in cooperation with Teresa Roy.
After Wen Ming gave an overview of the plan to resurrect the dinosaurs, the three of Sith were dumbfounded again.
After being stunned for a while, Cage reached out and touched Wen Ming's forehead, and Wen Ming opened it with one hand.
Under the pain, Cage didn't realize it, and asked in a daze: Wen Ming, are you crazy?
Sith reacted, and said nervously: Actually, I have worked in New York for so many years, and I have also met several psychiatrists with good reputation. You know, we lawyers are sometimes under a lot of pressure, and it happens that we In New York, do you want me to ask them out for dinner?
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