Rebirth

Chapter 45

"Duer, it's not that I'm looking for you this time, but our'His Royal Highness Saint Child' is looking for you. As for the specific situation, I won't talk about it. Let this St. John Lee talk to you in detail."

After everyone sat down, Don Valentine first spoke, and after pointing at Li Feng with a smile, he sat on the side and said nothing, probably watching the next good show.

Li Feng was speechless for a while, he could only say repeatedly in his heart, he was not a good person, not a good person!

"Oh, John, it seems that your "Holy Son" name has been spread from Yahoo. It is estimated that it will not be long before the reputation of your "Holy Son" will spread in Silicon Valley."

"Hi, Durr, it's been a long time since I saw it. It was rumored by others. I am going to be a true son. I will appear directly in the Vatican now." Li Feng said mockingly.

After listening to Li Feng's self-deprecation, everyone burst into laughter, and they were all looking at Li Feng at the same time. It is true that Li Feng's age is too deceptive.

......

"Okay, let's get back to business. Valentine said that this time you have something to ask us. Listen to what Valentine said on the phone. Could it be that you are interested in Netscape?"

"Since I have come to Netscape, I think you should be very clear about what I mean. I am personally optimistic about Netscape's performance. Therefore, I hope to be able to purchase a portion of Netscape shares before the IPO. Look, I will send it to the door. Come and kill you." Li Feng responded with a shrug.

"Mr.'Shengzi', thank you for your importance to Netscape. We are very happy about this. We also welcome your husband to invest in Netscape. However, I personally have a suggestion. I wonder if Mr.'Shengzi' is interested? "

But Jim Clark interjected after hearing Li Feng's words.

"Oh, please speak." Li Feng nodded and continued.

"We are also optimistic about Yahoo's future. We can use a 1:1 ratio to directly replace Yahoo's shares with Netscape shares. I don't know if you are interested."

......

"I'm sorry, Mr. Jim, forgive me for being direct. I am more optimistic about Yahoo than Netscape. Therefore, we can stop the topic of swapping Yahoo shares.

Now let’s discuss your preparation price for Netscape. If it is feasible, I hope I can purchase a part of it directly. I think this will also give Netscape a good start on the roadshow in the future, right?"

I thought, I want to exchange my shares in Yahoo, dream.Netscape was acquired in 1998, and it seems that the value is only several billion, but Yahoo can reach nearly 100 billion at its peak. Not to mention 1:1 replacement, 1:10 replacement, Li Feng feels a little bit at a loss.

Li Feng knows very well that when Yahoo is at its peak, if he can cash out all of it, maybe he will be worth nearly ten billion immediately. It is absolutely scary to say it.If you want to change it now, if Apple's shares come back, Li Feng might consider it.

In fact, what Li Feng didn't know was that Apple's market value is only 5 or 6 billion.

......

"Well, since this is the case, let's let a representative of Morgan Stanley, Netscape's IPO underwriter, explain the situation."

Jim saw that Li Feng refused his proposal without hesitation. Although he felt unhappy, he still asked the representative of Morgan Stanley to explain the situation in the face of Netscape's future.

"Hello everyone, this is Neal. At present, Morgan Stanley has submitted the S-1 (Prospectus) document to the SEC (Securities and Exchange Commission), and we have started to mobilize all aspects of our Morgan Stanley. Help Netscape to pass as soon as possible.

According to our estimation, the whole process should be completed in July and August, and there will be a roadshow of about 7-10 days after that, and the first IPO should be completed in August.

At present, the issue price we prepared for the first time is US$14. Of course, this is only the initial quotation. As for the issue price determined before the listing, we need to see the performance of all aspects at the time.

Our plan is to issue 5 million tradable shares. We at Morgan are confident that Netscape will complete a successful IPO. Thank you!"

......

"In this case, I would like to directly purchase 3 million shares of Netscape stock at your issue price before the IPO. I hope to get your support. Of course, I hope it is a stock that can be cashed out at any time."

After listening to Neal's words, Li Feng almost screamed. He heard that the tentative issue price was only $14, and Li Feng thought it was really cheap.

What Li Feng didn't know was that after listening to his direct purchase of 3 million shares, everyone almost jumped up in shock. It was crazy.

It is important to know that the price of shares purchased in advance is generally lower than the issue price. It is hard to see the shares purchased directly at the issue price like Li Feng. This is also ignorant of Li Feng, but who made him an ordinary person in his previous life? I don't understand the curves inside.

According to Li Feng’s 3 million shares, the 5 million shares that were issued must not be moved. They can only be purchased from multiple shareholders. Otherwise, Li Feng will directly occupy 3 million shares, and the remaining 2 million shares will be listed. It's boring, there are too few outstanding shares.

At the same time, there are concerns about Li Feng’s right to cash out at any time. If Li Feng sells all 3 million shares at once, Netscape’s stock may become a junk stock.Therefore, there was a buzzing sound of discussion at the scene.

......

"I know everyone’s concerns, but please rest assured, we can set a condition, for example, before the issue price is doubled, I will not be allowed to cash out, etc., not be able to sell stocks at once, etc. I don’t think I want to let myself One of the stocks is worthless, isn't it.

Finally, I don’t need to enter the board of directors and other rights. I am just a simple investment. You don’t need to have too many worries. You only need to consider whether this investment is in line with Netscape’s will."

It can be said that Li Feng gave up all rights of Netscape and finally impressed everyone at Netscape.

Sure enough, after listening to Li Feng's words, everyone was finally relieved, and after a few people discussed it, Jim stood up.

"Since this is the case, Mr. Shengzi, welcome you to invest in Netscape. On behalf of Netscape, I announce that I accept your investment. As for the company's stock, 3 million shares will be allocated from my personal stock."

From here, Li Feng also knew that Jim was the largest shareholder of Netscape. After Netscape went public, Jim held almost half of the shares.

As for the well-known Mark Anderson, seriously speaking, there is no more shares than Li Feng.

......

In fact, it’s normal to think about it. Capitalists are not philanthropists. After Jim invested money in, the power of the company is actually in Jim's hands. Mark Anderson is actually mainly responsible for the technology.

What Li Feng didn't know was that Jim directly invested 5 million US dollars to establish Netscape with Mark Anderson, and most of the shares were owned by Jim. After all, the capital invested was Jim's.

Even after the introduction of venture capital, Jim's equity was still occupied by nearly half before Netscape went public. It is conceivable how much Jim's shares are.

Jim's consideration at this time is that even if he sells 3 million shares, he is still a major shareholder, and his original investment of 5 million can now be directly cashed in for 42 million US dollars, which is already a big profit.Li Feng bought the shares directly at the issue price, and there is no reason why he would not sell it.

In the future, when Netscape goes public, the shares in the hands will make a lot of money, and the shares in the hands are enough to guarantee their control over Netscape. Why not do it.

Now that the two parties have reached an agreement, the next thing is simple. The legal advisers of both parties directly draft the agreement and sign it.

......

Li Feng spent 42 million U.S. dollars to purchase 3 million shares in Jim's hands. It stipulated that the shares could not be sold under the premise of two times lower than the issue price, and the ban could be lifted and cashed out at any time if the price exceeded twice.

At the same time, Li Feng's shares do not occupy the board of directors, and he does not participate in the operation of Netscape. It operates purely as a stock investment.

When the official signature took effect, warm applause rang out in the conference room, and Li Feng also sighed softly, and finally got on the wealthy ship of Internet scene.

Later, Don Valentine also made a proposal to buy 1 million shares, and Netscape might also agree to it considering Don Valentine’s huge influence.

The shares are still purchased from Jim, which means that Jim’s initial investment of 5 million has now reached 11 times the return, which is really a crazy return on investment.

......

Of course, Li Feng is also not jealous. Wasn't it the same when he invested in Yahoo? He invested 500,000 yuan at the beginning, and now he borrowed 50 million yuan directly through mortgage loans, and he has gained more than a hundredfold.

For Li Feng, the vigorous third trip to Silicon Valley has come to a successful conclusion.