Chapter 543 Sir Yang hopes to finance Pingguo Company!

When Linder left, Jobs was still reading the invitation letter.

Sir Young invited Jobs to have dinner with him at Conner Manor tonight.

In Jobs' view, Sir Yang's status is not simple. He has swallowed up many foreign companies in Hong Kong. No one knows how much Sir Yang is worth.

Jobs knew that Sir Young had a close relationship with London and was even knighted by the Queen.

In addition, the computers ordered by the Imperial Group from IBM made Jobs very envious. If they could cooperate with the Imperial Group, Pingguo's computer sales would definitely increase a lot.

In addition, Empire Games, a subsidiary of Empire Group, almost monopolizes the global gaming industry, including hardware and software. Jobs felt that he could cooperate with Sir Yang.

Even if Sir Yang did not invite him, if he knew that Sir Yang was coming to Silicon Valley, he would definitely visit him personally.

That afternoon.

Jobs called Woz, and he was going to meet Sir Young with Woz.

After listing, it was sold for $29 per share, which is equivalent to about doubling the price.

It's starting to get cold outside and it's impossible to go out.

"Sir Yang, this is my partner Mr. Watts."

They didn't expect Sir Yang to be so easy to talk to, but what Sir Yang said next made them a little surprised.

"Sir Yang, we want to talk to you about business."

Whether it can be negotiated is another matter.

"Mr. Jobs, Mr. Woz, I am optimistic about your Pingguo Company. Although Pingguo Company just raised a sum of money from sixteen investors at the end of last year, I don't think it is a lot. I hope that my risk in Silicon Valley

The investment company and Future Capital Company can provide financing to Pingguo Company."

"Hello, Mr. Watts."

Yang Ming, Jobs, and Woz sat down in the living room and drank coffee there.

Yang Ming felt that these could all be discussed, but they would inevitably involve issues of interest.

It's okay to talk.

Jobs also brought a white man here?

When Yang Ming went out, he saw Jobs, who was elegant and wearing myopia glasses, but still looked very young. Isn't the older, bearded young man next to him Woz?

It's still early, and it's not yet time for dinner.

This Woz is not simple either. Pingguo Company could not develop like that without Jobs, but also with Jobs as a partner.

...

Jobs and Woz knew it, so they were naturally greedy.

Historically, Yang Ming knew that Pingguo Company had its own operating system and it was impossible to use Microsoft Windows.

Yang Ming, Jobs, and Woz entered the study.

Lin Dezhong came over and said: "Mr. Yang, Mr. Jobs brought a white man to see you."

Now Sir Yang actually wants to provide them with financing.

Even though the sun has gone, it's still a bit cold here in Connor Manor.

In the late summer of 1979, Pingguo Computer Company decided to conduct a round of pre-IPO external private equity financing, that is, mezzanine financing.

This works out to about 61.4 million shares.

Woz, the third largest shareholder, owns 4 million shares.

There is still sun now, but it's still not that cold.

The sales of Imperial Games' arcade machines are really good.

When Jobs and Woz heard this, they were very happy.

The remaining 16 investors raised 59.6% of the shares, accounting for 38.2 million shares.

Calculated, at this time, the market value of Pingguo Company is estimated at US$614 million.

Now that the sales of Imperial game products in country M are still very good, this situation will basically be avoided.

Last year, Pingguo Company's situation was pretty good.

Yang Ming, Azhu, Zhong Chuhong, and He Chaoluo were walking around outside the manor.

Regarding Pingguo Company’s hope that Imperial Group will purchase Pingguo Computer, there is also the matter of cooperation with Imperial Game Company.

Yang Ming thought it was something other than buying a computer produced by Pingguo Company.

In addition, the games of the Empire Group are really good. If they can be licensed to Pingguo Company and cooperate with Pingguo Company, the sales of Pingguo computers will of course be greatly improved.

In less than an hour, all 4.6 million shares were sold out, and the market closed at $29 per share that day. Based on this closing price, Pingguo Company’s top executives produced 4 billionaires and more than 40 millionaires.

When Woz learned that Jobs had brought him to meet Sir Young, Woz also seemed very excited.

Yang Ming shook hands with Jobs and Woz respectively.

It is precisely because of the emergence of so-called home computer game consoles and the emergence of a large number of inferior games that the game consoles in M ​​country were depressed for several years.

"Mr. Jobs, Mr. Woz, we can talk about the purchase of office computers. We can also talk about the cooperation between Empire Games and your Pingguo Company."

The largest shareholder, Steve Jobs, holds 15%, approximately 9.21 million shares.

The listing is for 4.6 million shares.

Sir Yang wants to raise funds for Pingguo Company?

Jobs and Woz were truly stunned.

Woz really likes the Empire Group game console.

Xerox had a dedicated venture capital department at the time, and Xerox purchased nearly 100,000 shares for US$1 million. After Xerox invested, Pingguo was allowed to visit its mysterious Palo Alto Research Center. “Jobs was like a child. I looked here and there, observing all kinds of new technologies, and I was ecstatic."

The most difficult time was in 1977 and 1978. Jobs, Woz and others really almost couldn't continue, but in the end they gritted their teeth and endured it.

When Jobs left Pingo, even though Woz didn't betray him directly, he didn't stand up to support him.

Now that Yang Ming has people develop Windows, Pingguo Company may not use it, but will use the iOS system developed by itself.

Not to mention those handheld consoles.

Pingguo IPO was held on December 12, 1980. After the IPO, the diluted shareholding ratio of Jobs, the largest shareholder, was approximately 15%, while Markkula, the second largest shareholder, held approximately 7 million shares, accounting for approximately 11.4%; The third largest shareholder, Woz, holds 4 million shares, accounting for about 6.5%.

When Yang Ming came to this world, he didn't know how many celebrities he had met for the first time.

Through the relationship between Don Valen and Markkula, financing was quickly successful, with a total of 16 investors including Xerox, Rothschild, Untenberg, Towbin, ood Capital Company and some individual investors, with a price of US$10.5 per share. Price subscribed for shares in Pingguo Computer Company, which raised a total of US$7.27 million this time.

There is also about the Windows operating system that Yang Ming has developed.

"Hello Sir Yang."

When Yang Ming bought a computer, he initially wanted to buy a Pingguo computer. He found that there were no dealers in Xiangjiang and had to wait for a long time, so he bought an IBM computer first. Later, the Imperial Group purchased more and more computers.

, it can be considered a big customer of IBM.

Markkula, the second largest shareholder, owns 7 million shares.

Even if the Imperial Group can buy 10,000 tablet computers, that would be considered very good.

Of course, why financing is needed? In addition to the lack of funds, there is also a lack of technology. In this case, Jobs, Woz and others will naturally accept financing from more investors.

16:45 pm local time in San Francisco.

"Can."

He likes both arcade and handheld machines, but he thinks that the $6,500 arcade machine is a bit expensive, but handheld machines are very cheap.

In the study room, Jobs said directly: "Sir Yang, it's like this. I heard that your Imperial Group and its group companies order a lot of office computers every year. Our Pingguo Company's Apple II is also very good as an office computer. I hope it can be used with

Cooperation with Imperial Group.”

How to value now.

Before it went public, even if Yang Ming calculated it based on the historical listing market value of US$29 per share, he felt it was still worth it.

Updated Chapter 3!

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