Chapter One Hundred and Sixty-Three Gambling
I have to say that Zhao Jianwu's plan is a good plan for sal from a commercial perspective.
But after following the steps, Duke probably took at least three to five years, and no one dared to guarantee the final step. Who knows how the mobile phone will be in three to five years? Therefore, this time is too long for Duke. Now Duke needs to run forward and seize the day.[]
Besides, Duke's trump card has not been fully developed. Although the production of new screens is large, they are technologically ahead of the current ones. They are also a huge selling point on mobile phones, and the power consumption is much smaller than that of existing screens. In addition, Duke's new operating system has fully explored hardware, and the hardware specification requirements can be greatly reduced, which has an advantage in standby time.
If light-sensitive power supply is added, it can almost achieve indefinitely super standby. Although this is not a replacement product, it does have considerable advantages.
As long as you have a good brand and hardware design and production experience, it is not said that you will beat Apple, but it is still very promising to break Apple's unique position in high-end mobile phones.
"If you want to do it, make it bigger." Duke stood up and waved his hand vigorously, "Our goal is to take HTC or RIM. In the future, our competitors will be Apple and Samsung high-end mobile phones. We will not enter the market below 2,000 yuan."
"The mobile phone market is now in an unprecedented boom period. If we don't step in and get in the beach, we will definitely regret missing the opportunity in the future." As soon as Duke spoke, Zhao Jianwu didn't say anything. Although Duke is now a CTO name in Salt, as the absolute controlling shareholder, he can definitely speak in one word, and his words are much better than Cai Siqiang.
Not to mention that those three brothers had long admired Duke.
"But, Dr. Duke, where do we get this huge acquisition fund?" asked Zhan Shaofeng, director of overseas mergers and acquisitions, again.
"This time we use bank financing to carry out leveraged acquisitions, and the funds needed are addressed to overseas investment banks." When Duke sorted out the MBA course database for Shuya, he obtained a lot of corporate operation knowledge and knew that small funds were playing with large acquisitions. Among them, there was a method of leveraged acquisition, which was equivalent to most companies using bank loans to acquire problematic companies, and then transforming the acquisition targets to quickly add value and then making profits.
This is a capital operation game with extremely high risks. After hearing Duke's decision, Liu Rucheng, the director sent by the venture capital company, felt that Duke was walking a tightrope.
It's true that it's still young. The mobile phone industry cannot be played by just one or two technologies. Liu Rucheng sighed inwardly and had to stand up to remind this young man with a hot mind. You must know that overseas investment banks are not so easy to fool. Saal's venture capital companies have invested billions of real money and let Duke do it. Maybe the billions will be gone soon.
"Dr. Duke, the acquisition funds this time are too huge. From an objective analysis of business, I think it is difficult for investment banks to borrow such a large amount of money unless they mortgage all the sal company. However, this will be extremely unfavorable for the sal company." Liu Rucheng said.
"After this huge acquisition is completed, things will go a little bit unsuccessful and affect the repayment plan of the loan, so the sal company is likely to change hands."
Although Liu Rucheng said it a bit sensational, it is not without reason. If there is no mortgage for loans of nearly 10 billion US dollars, who dares to release them easily? According to Liu Rucheng's years of investment and financing experience, the sal company must pledge all such huge loans. Although Sal Venture Capital's valuation exceeds 20 billion US dollars, in the eyes of banks, it is too much to be able to mortgage 10 billion US dollars.
After hearing what Liu Rucheng said, Cai Siqiang, Dong Feng and Zhao Jianwu couldn't help but feel heartbroken. This is a big gamble. Maybe all the brothers will start over again. In today's position, who would like to start over from scratch?
"I think it wouldn't be so bad." Duke was not worried at all, "How is Shaofeng's relationship with investment banking?" Duke turned his head and looked at Zhan Shaofeng and asked.
"I have some contact with Goldman Sachs and UBS executives." Zhan Shaofeng frowned. He used to be responsible for overseas investment in several other large companies and had spent tens of billions of dollars in his hands. Although the final result may not be satisfactory, he is indeed very experienced in acquisitions. He also has good relationships with executives of several large investment banks.
But Zhan Shaofeng never thought he had such a great face and could fool him into leveraged loans worth tens of billions of dollars. He is a talent, but he is not a superman after all. The fact that he was willing to sell his money in the past was simply because he had a solid big company as his backer. Although Sal had risen miraculously, his foundation was still a little thinner than the big companies he served with tens of billions or tens of billions of dollars.
"Just contact us, talk to them. Whoever is willing to provide this bridge loan this time will give Sal's IPO business in the future. This acquisition will be successful. In two or three years, the valuation of Sal's IPO company will be at least 100 billion US dollars!" Duke said confidently, his expression full of domineering and heroic spirit.
At this moment, even Liu Rucheng couldn't help but feel disappointed when he heard this. Cai Siqiang, Dong Feng and Zhao Jianwu were even more excited when they heard this. He was so damn stable. Even if he lost this game with Duke this time, he would be willing to do it. No young man was crazy, so he would do his best to go crazy with Duke this time!
So even if Liu Rucheng opposes, he will be alone.
A draft resolution was soon formed, and Zhan Shaofeng was responsible for contacting the investment bank to see which investment bank was willing to provide the leveraged loan. Cai Siqiang began to find the board of directors and CEO of the two companies, and began to exchange intentions for acquisitions. As soon as the news came out, the industry was in an uproar, and most industry insiders felt that SAL was overwhelmed with confidence.
Compared with Tomtom, whether it is HTC or RIM, although both companies are a bit weak and dull, the lean camel is bigger than a horse. How come the two companies are huge monsters that can only be won by tens of billions or close to tens of billions of dollars. It is definitely not comparable to Tomtom, and both of them are not even on the same order of magnitude.
"Sal's young people can really imagine it, and they are not afraid of being broken by HTC and Rim." Some people ridiculed Sal for overestimating their abilities.
"Motion is definitely a hype, there is only a few dollars in the sal pocket, htc
Chapter completed!