I Am A Trilionaire - Chapter 34

When Netscape went public, because the party controlling it was Nicholas Group, which is not a public company, it did not disclose its shareholders to the outside world! Because of this, the outside world did not know that Henry was the boss behind Netscape!

But this time it didn’t work, Henry was a major shareholder of Cisco, before the company went public, it had to be stated clearly in the prospectus.

Today, Henry is famous!

Following Apple’s Work, Microsoft’s Bill Gates, Michael Dell of Dell, and Oracle CEO Ellison, Henry is the most powerful young billionaire who has never even studied in college! ! !

At this time, the media is “rioting” and sending its most elite employees to pursue and intercept Henry in order to get his clarification!

At this moment, Henry is really depressed, can he lead a quiet life?

“Reject, reject all interviews !!!”

Henry, who was sitting in the office, said in annoyance! Miss Helen made Henry a cup of coffee attentively, Henry was familiar with Helen’s coffee making skills and he felt comfortable drinking coffee made by Helen.

Today Helen is not the same as her previous appearance, now she is getting leaner, and more feminine!

With her beautiful and tall appearance she wears a white shirt and black tights, looks very sexy!

“Chairman, media reporters gather at the company’s doorstep, and they won’t leave …” Helen said helplessly.

Henry is now at Cisco’s headquarters, and it’s been a week since Cisco went public. The share price has exceeded $ 70 and Cisco’s market value has exceeded seven billion! Today, Cisco will hold a large board meeting. Because of this, Henry had to risk being hunted down by reporters when he came to the company!

The money collected by Cisco after listing is generally invested a second time, because the money is money after the shareholders are sold, so it is the money of the shareholders, not the company. Under normal circumstances, a second investment will be made, but Henry does not know whether Sequoia Capital will come. However, at this board meeting, representatives from many large companies came, including representatives from Citibank, JPMorgan Bank, KPCB Venture Capital Fund, IDG Technology Venture Fund, Goldman Sachs Group and more than a dozen banks or venture capital funds!

The banks and venture capital funds are very optimistic about Cisco, after Cisco went public, they bought more or less stock from Cisco. They themselves have the right to attend this meeting, and at the same time, they are clearly very interested in Cisco’s second investment, otherwise they will not come.

Ford Brook, a representative of Sequoia Capital, also attended this meeting!

The meeting was hosted by CEO John Chambers and delivered a speech about Cisco post-IPO and its future ambitions. The real drama will start soon!

“This board meeting will make a second investment in Cisco. Any representative of willing shareholders can participate!” Said John Chambers. “Then first, based on current Cisco stock prices, Cisco’s total market value reaches 7 billion US dollars. Mr. Henry Williams will make a secondary investment of 90% of his stock market, which is $ 850 million. As for how much you want to invest, we can discuss together! ”

Henry initially held a 67.5% stake in Cisco, and Cisco issued a 20% stake, among which, 13.5% of the shares were issued by Henry who received 945 million US dollars. Henry invested again 850 million US dollars, leaving more than 90 million US dollars. !

At this time, Sequoia Capital Ford Brooke stated: “Sequoia Capital will not make a second investment!”

Sequoia Capital believes that Cisco’s market value has peaked and in the future there will be little room for growth. If they invest again, the investment income will be worthless later. Instead of spending so much money to invest in Cisco, it’s better to invest in 3com, which can get more shares than in Cisco. Once 3com is registered, Sequoia Capital can make more money!

However, no one can imagine that Cisco’s future market value will be as high as five to six hundred billion US dollars, and Sequoia Capital will regret it at that time! ! !

Sequoia Capital will not make a second investment this time, and the shares will definitely be greatly diluted!

Bossacks naturally makes a second investment, they are one of the founders of the company, and they hope the company will develop better and more successful!

The meeting lasted a long time, from nine in the morning until three in the afternoon.

It was impossible for Henry to approve other venture capital institutions to invest heavily in Cisco and share shares, so he had to win a certain degree. Therefore, coordinating the main investors and allocating shares fairly has become one of the main tasks of this meeting!

After the meeting, Henry’s share ownership reached around 63.5%, Bosacks 10.5%, company management 4.5%, Citibank and Morgan Bank both 2.5%, Goldman Sachs, IDG, and KPCB each contributed 2% , while Sequoia Capital’s shares have been diluted to 3.8%, and the rest is owned by many other small shareholders! Cisco received $ 1.32 billion in funding through a second investment!

Ask Cisco how to handle so much money? Very simple, only three words, “Continue to acquire potential companies for Cisco’s growth”!

Cisco will not pay bank money for a while, Citibank and JPMorgan will not collect debts at all. The longer Cisco delays the better, the loan interest will be higher! for Citibank and JPMorgan is a big advantage.

Banks are monster institutions. The richer you are, the more he likes to lend you! If you don’t have money, it won’t lend you money!

To expand Cisco scale performance, it is necessary to recommend Cisco products before users access the Internet!

If Cisco also provides Internet access services, then when users access the Internet, Cisco can immediately recommend its own products, which is the perfect partner!

At the same time, to combat AOL’s internet access services, Cisco’s involvement in Internet access services is very important strategically!

Different from AOL’s small family, it also rents out other people’s network channels!

If you want to do it, do a great vote! ! !

Outstanding backbone network acquisition! ! !

Before the meeting ended, Henry announced that Cisco was preparing to get a network backbone. When everyone heard it, they raised their hands in praise, but Ford Brook smiled bitterly: Didn’t Cisco kill AOL by doing this? The others don’t know Henry’s details, can he not? The Nicholas and Isearch groups are all companies under his name …

Now we will unite with Cisco to surround AOL again, Ford Brook has a desire to die!

Wtf, don’t present bullies like in the next life!

Ford Brook hurried back to Sequoia Capital in despair, immediately reported the news to the board of directors, and also told Steve Case for further plans.

But AOL’s small arms and legs expressed helplessness about the acquisition of the backbone of the Cisco network. They were left alone, hoping that Sequoia Capital could help him attack. But ignoring this problem completely contradicts Sequoia Capital’s development strategy. They are venture capital companies, not technology companies. Criticizing Cisco and then obtaining a network backbone is completely meaningless! Moreover, Sequoia Capital does not have much money.

Do not look at the majesty of Sequoia Capital, because they have invested in many companies now they do not have much funds in their hands. Unless he sells shares or borrows from a bank, he has no money to buy the backbone of the network!

“On January 10, 1990, Cisco formally submitted an acquisition request with MCI !!!”

Immediately after this statement was released, the United States once again faced a shock wave!