In the next few days, Zhou Buqi followed Liu Qing, Zhen Yu, and Ning Yaxian to visit several giant companies in Silicon Valley, including Intel, NVIDIA, Oracle, Adobe, Cisco, Chevron...

…

There are three major feelings.

White people are really friendly, warm and generous. Regardless of whether they know each other or not, they always say hello when they meet. They are entertaining guests as if they are hosts.

There are so many Asians, they almost make up half of Silicon Valley.

There are really few black people, almost invisible.

These old technology companies are different from Internet companies. Companies like Google and Facebook are new and their infrastructure is not yet complete. These companies are different. They are already very mature and are doing well in all aspects.

Especially employee benefits are dazzling.

For example, Nvidia has specially recruited masseurs, yoga teachers, and meditation teachers. When employees are tired from work, they can go for massage, acupuncture, yoga, and self-meditation.

After Zhou Buqi left, he said with deep feeling: "When our headquarters park is built, we can also recruit a group of masseurs to relax our employees."

Ning Yaxian couldn't help laughing, but she couldn't say anything because of her status.

Liu Qing was a little funny, "Massage?"

"Well! This is a big business."

"Formal?"

"I would like to do something informal, so I can make money faster. Humph, while paying wages to the employees, I can get the money back through the massage business... Oops, this way, it's like the Golden Triangle, and I'm guaranteed to be rich.

The oil has to flow."

"Profiteer!"

Zhen Yu, Liu Qing and Ning Yaxian all laughed.

Zhou Buqi said disapprovingly: "What kind of profiteer is this? Is regular operation good? It's just that irregular massage has a bad impact and cannot be promoted. If it is changed to another form, it will become mainstream."

"What?"

"Stocks! Like Huawei, which pays tens of billions of dividends to employees every year, it will seriously affect cash flow. What should we do? At the same time as the dividends are distributed, a new equity subscription plan will be proposed to allow employees to use the dividends.

If the money is used to buy back the stocks, the funds will flow back into the account. Like Huaxi Village gave

Only 20% of the villagers' dividends will go to the villagers, and 80% will be returned to the Huaxi Group in the form of re-investment. Like most Internet companies, which have good benefits and high wages, they also rely on option plans to make employees

Subscribe for your own stocks to achieve the purpose of cash flow review."

Of course Liu Qing understood, and said thoughtfully: "Ziweixing's option pricing is too low."

The current subscription price of internal shares of Ziweixing is 10 cents.

For an executive like Xu Liangjie who has received 10 million options, it only costs US$1 million to exercise all the options, which is simply too cheap. Based on Ziweixing's current market valuation, the value of a single share is at least US$3.

Zhou Buqi waved his hand and hummed: "The company suffers a small loss and provides benefits to employees, so that the company can be competitive in attracting talents. With me here, Ziweixing does not need to suck the blood of employees to maintain cash flow."

Liu Qing said angrily: "Only you can!"

Ning Yaxian was secretly surprised. She felt that Miss Liu was so powerful and had such a different background. She even dared to speak in such a tone as Boss Zhou.

On Ziweixing, Shi Jinglin would dare to do this.

Zhou Buqi smiled and said, "You are the God of Wealth, and I have to rely on you."

"Depend on!"

"Pay attention to quality."

"I think you need to develop a reliable CFO."

"What's the meaning?"

Liu Qing said: "Wang Haoyang should not change it yet, but you can change the financial director. Choose one with good conditions and ability from the four major accounting firms, and let him work with me to do Ziweixing's A round. I will train a person later.

In a few years, I can replace Wang Haoyang as CFO, the financial system will not be in chaos, and the management structure will be stable."

Zhou Buqi nodded, "Well, let's do it."

…

By October 8, the details of the acquisition plan were finalized.

Zhou Buqi urgently needs cash, and Google doesn't want the YouTube team to get the cash. They might run away if they get the cash, but they can trap these people with stocks.

After several discussions, it was finally decided.

The acquisition was completed with US$50 million in cash and US$1.6 billion in stock. Based on Google's closing price of US$420 the day before, a total of 3.8 million Google shares could be exchanged.

Among them, Ziweixing received US$50 million in cash, plus 274,000 shares, with a lock-up period of three months.

Zhou Buqi can personally obtain 393,000 shares. Among them, the lock-up period for 26,000 shares is 3 months, and the lock-up period for the remaining stocks is 12 months.

In other words, the biggest concession made by Google is to unlock up to 300,000 shares within three months.

For YouTube’s founding team, the lock-up period is longer, ranging from 15 to 36 months.

Plan accomplished!

Then, there will be a 3-day buffer period.

Give investors, the Google board of directors, and the YouTube team a second thought and financial and legal review time. If something goes wrong during this period, the agreement can be canceled without liquidated damages.

If there are no problems after 3 days, then the news can be announced to the world.

Google acquires YouTube for $1.65 billion!

Then, the acquisition was formally reported to the Federal Trade Commission and the Department of Justice, and a merger application was submitted.

This process will probably take about 1 month.

In fact, the main thing is antitrust review. As long as the transaction does not have antitrust risks, it can basically pass. If it is an acquisition of a domestic company by foreign capital or foreigners, the Committee on Foreign Investment will intervene, and there will be a more complex review mechanism.

.

If it passes the review, the merger will be truly effective in a legal sense.

If it fails to pass the review, the acquirer will be legally deemed to have breached the contract.

That is, Google breached the contract.

At that time, Google will have to pay YouTube a huge amount of liquidated damages.

At present, Google's acquisition of YouTube does have potential monopoly risks.

Google is the largest search platform, and YouTube is an emerging video platform. The combination of the two...Google will definitely direct more traffic to YouTube, its own platform, thereby causing injustice to other video websites.

However, when the Internet is booming, relevant departments will turn a blind eye and condone the birth of Internet giants one after another.

In short, Zhou Buqi breathed a long sigh of relief when the plan was completed.

Feeling very good!

There are some differences from what I expected, but the problem is not big and can be solved!

That night, Zhou Buqi hugged Ning Yaxian and slept on the hotel bed like never before.

Women of this age are really tough.

If it had been Wu Yu, she would have cried. If it had been Shi Jinglin, she would have been punched and kicked. If it had been Wen Zhixia, she would have been cold-faced and silent.

Ning Yaxian is different. She is charming in every possible way, as obedient as a kitten, and sings gracefully. She always encourages him and praises him: "Master, you are awesome!"

Zhou Buqi was so upset that he was defeated in the end.

I stopped pretending to be an uncle and fell asleep.

The next day, Zhang Chaoyang came back from Wall Street.

When we met at the hotel's coffee shop, Zhou Buqi said straight to the point: "The case of Google's acquisition of YouTube has been completed, and the news will be announced in two days."

"What price?"

"$1.65 billion."

"How many?"

Zhang Chaoyang's eyes widened and his jaw almost dropped to the ground.

Zhou Buqi sighed: "The price quoted is quite high, but I didn't get the cash."

Zhang Chaoyang almost jumped up, "With such a big offer, what can I do if I need cash? How much do you say? Ziweixing holds 10% of the shares?"

"right."

"$165 million! With half of it, you can buy Sogou."

"Actually, there are more."

"Um?"

Zhang Chaoyang raised his eyebrows.

Zhou Buqi smiled, there was no need to be too secretive in front of Lao Zhang, "I personally hold 10% of the shares."

"You personally?"
To be continued...