Start with a Cat and Mouse Game

Chapter 312: Cai Xiong has great talents

"There is no problem with the same shares and the same rights."

   Robert thought for a while, and then said, "But in the financing process, if a third party can provide it.

  Obviously non-financial advantages that are beneficial to the company's development, such as favorable conditions such as market, technology, and even official support.

   Unless you can also come up with the corresponding conditions, after the board of directors vote, you can veto the current priority financing. "

   veto once, rather than cancel directly, Li Changheng can accept it.

   After all, at that time, he himself was also a shareholder of Intel, and it was impossible to know whether it was beneficial to the company or not.

   In that way, I can’t live with the money, and it’s with the money of all the shareholders.

   The prerequisite for differentiation is that you can provide benefits for others.

   Or let people see a bright future.

   This kind of thing against everyone, he is not that stupid.

   Li Changheng smiled at the corner of his mouth. When Robert said this, he was tantamount to saying that he was not opposed to Intel’s multiple new partners.

   "No problem, but the company's market value quote I can give cannot exceed 20 times the net income of the year's revenue, minus costs."

   This is the biggest difference and the biggest advantage of founders who have sufficient funds in their hands, and those who have shares but no cash.

   20 times the net income, which is the standard for treating technology-related listed companies.

   No investment institution will have such a high valuation in the first round and the second round.

  In the third and fourth rounds, investment institutions that see development prospects will be able to do this valuation.

   After three or four rounds, even if Li Changheng didn't follow suit, his stake would definitely exceed 30%.

   Then it is listed.

   Robert looked at Li Changheng in surprise and asked, "If you make a net profit of 500,000 a year, would you be willing to value the company at 10 million US dollars?"

   Li Changheng smiled and nodded, "Under this order, 100,000 chips will make 200,000 US dollars, and the company's market value has increased by 4 million US dollars.

   Not enough. I asked to become the chairman of the board of directors. If you agree, I can hand over the foundry of all parts to Intel.

   Next year, it also guarantees that orders for chips will not be less than 400,000 pieces. If it is less, I will personally make up for the 800,000 US dollars in profit Intel should earn. "

   Robert stood up immediately with excitement, "You promise not to interfere with my business or the research of Moore and Andy?"

   "This can be included in the contract, but the period is 3+3 years", Li Changheng smiled with squinted eyes, "The first 3 years are you and the other two shareholders.

   When there is a major business error, or the researched product seriously does not meet expectations, or even a failed product.

   You have 3 years to make adjustments. If you can’t make a profit, or develop new products.

  I will formally exercise the rights of the chairman of the board and intervene in company affairs. "

   During the 6-year operation and adjustment period, if the company cannot be brought back to its normal trajectory, Robert himself feels that there is no need for the young man in front of him to speak.

   Other shareholders will jump out and question him as the person in charge.

   And that really happened, Robert himself felt ashamed to rely on the position of manager.

   After all, it was hard to get along with my own wealth.

   And Intel’s future achievements are destined to make Li Changheng not abandon the honor and influence that this company can bring.

   Think about the ubiquitous Intel logo before the advent of smart phones, and you know that the company that dominates an industry is by no means comparable to the owner of a computer company with a market value of tens of billions.

   At this time, Intel is in its weakest period. Once it joins in, people will only think that this company is growing under his leadership.

   As for why you must be chairman.

   The chairman of the U.S. is generally not involved in the company's specific affairs, because he appointed the president and chief executive officer.

   And because it is responsible for all shareholders, it is natural to overwhelm other individual shareholders on the board of directors.

   Once the chairman of the board is a major shareholder, he not only has a huge influence in the company, but also a celebrity with great reputation in the society.

   In addition, he joined the company as soon as the company was established, so there will be many things he can do.

   Just like Li Changheng's shares can really reach 45%, then he only needs the support of any one of Robert, Moore and Andy.

  Or in the future, Intel cannot have only four shareholders.

  The more shareholders there are, the better Li Changheng, who is a major shareholder, will be able to differentiate and woo him.

   It only needs the support of a few minority shareholders to truly control the life and death of this company.

   In addition to not being able to steal the shares of the three, he can easily drive away Robert with his influence and shares.

   Even as long as the negative effects can be eliminated and a replacement can be found, the three founders can drive away together.

   Let them be pure shareholders without any real power.

   Just as the leader of Qiao’s gang was kicked out of Apple, he was dismissed from all positions, but he was still Apple’s shareholder.

   He is 100% entitled to participate in the general meeting of shareholders.

   For the founder, the absence of a position means no rights.

   For him, this is like raising a child and being shot away. It is simply the biggest insult to him.

   Therefore, once the founder is relieved of any position, few people still remain in the company.

   is even more reluctant to hand over his own shares, that is, the fate of money, to others.

   Basically 90% of founders are kicked out of the company, they will sell their shares, and then start a business again with the money.

   And ~lightnovelpub.net~ It is not easy to dilute other people's shares. At least as long as there are no pitfalls and obvious disadvantages in the contract, the market value is not as much as the board of directors said.

   Shareholders who do not have a seat on the board of directors are not fools, and there is not only one authoritative evaluation agency.

   In conjunction with some small shareholders, we find a few more institutions for evaluation, and there is little difference in the past.

   can differ by a few percent, double, just waiting to be sued by shareholders.

  A company that has entered a rising period, once it is caught in internal friction and lawsuits, it will definitely lose more than it can get by making small moves.

   Joe’s gang leader was driven away by Marcus, who joined Apple with the funds for the first time in Apple’s financing.

   And if Qiao Bang, like Li Changheng, had $170 million in cash in his hand when the company was founded, then he would definitely do whatever he wanted at Apple.

   Li Changheng only needs to invest three rounds in financing, plus Intel’s first profitable business, and the profit in the next few years will come from his orders.

   As long as he does not die in the future, it will not be anyone who can drive him away, but everyone will spontaneously surround him.

   Therefore, basically no one will specifically target a pure shareholder without authority.

   Because even if a shareholder is imprisoned, the law has no right to deprive him of his shares.

   No one can even dilute the shareholders' shares all at once.

   In case he sells his shares to more powerful and ambitious companies or investment institutions that eat meat without spitting bones, all the shareholders will be unlucky.