Chapter 1141 I Object!
Chapter 1141 I object!
In full swing!
With the current capital chain of the "Second World", it is almost impossible to mobilize US$3-4 billion in cash. When Lin Feng convened the "Second World" board meeting through video conference, everyone heard that Lin Feng wanted to acquire the company again, and they unanimously opposed it. Although Lin Feng's vision has always been accurate, too hasty expansion is not a good thing. The goal of "Second World" is to become the best IT company in the world, so it must be steady and steady, one step at a time, and not too eager for quick success. Otherwise, the foundation will be unstable, and once the expansion is too fast in the future, a slight mistake will cause an avalanche of disasters.
Everyone shook their heads repeatedly, firmly disagreeing with Lin Feng's suggestion.
Lin Feng was also speechless for a while. Unexpectedly, everyone opposed his proposal to acquire the company this time, whether it was the game development department or the hardware development department, they all opposed it with one voice. And it is firmly opposed! Of course, everyone was also concerned about Lin Feng's status and influence in the company. Although they objected, most of them justified their objection with various reasons, rather than categorically rejecting it directly and rudely.
"Boss, now the company's annual debt repayment is as high as 100 million US dollars. Moreover, it has just acquired 'imax' and 'Blizzard Entertainment' not long ago, and now it really has no money!" Wu Zhaopu said.
Although his proposal was opposed by everyone one after another, Lin Feng was not annoyed. Because Lin Feng's authority in the company is too heavy. The "Second World" itself was created by Lin Feng. It can be said that Lin Feng has made great contributions to its development to the present. Moreover, Lin Feng is the president but has a symbolic annual salary of 1 US dollar. All these deeds make it impossible for everyone. To confront Lin Feng head-on. This has advantages and disadvantages. Lin Feng deeply understood his strengths and weaknesses.
It is not because of any extraordinary wisdom or forethought that he has been able to develop so far. Lin Feng only relies on one thing - the memory of the future. But this memory will end in 2009. After 2009, how did I deal with the more intense business struggles. This requires teamwork, and we cannot always rely on Lin Feng alone.
Therefore, this time everyone opposed Lin Feng's proposal at the same time. Instead of feeling angry, Lin Feng was very pleased. However, this plan must be implemented. As for the objections of the people, Lin Feng believed that after they listened to his plan, the people would no longer object.
really! When Lin Feng told the whole story, that this financing was actually to acquire some shares of "NVIDIA", everyone was excited. Especially the two ministers of the hardware development department - Lu Zhiyi and He Guoyuan.
Lu Zhiyi has always been troubled by the cruel fact that "amd" is far inferior to "Intel" in technology. Although "amd" has tried its best, Lu Zhiyi must admit that the gap between "amd" and "Intel" is very big , which is a gap.
If it is the original "amd", Lu Zhiyi believes that he will never see "amd" catching up with "Intel" in his lifetime. This is just catching up, not catching up. But after joining the "Second World", Lu Zhiyi believes that he will be able to see "amd" surpass "Intel" in his lifetime, definitely!
But it will take a long time, and "amd" can't make any mistakes in the middle, and "Intel" can't develop too fast. But now, the acquisition of "NVIDIA" has given the "Second World" a shortcut to surpass "Intel". As long as you can control "NVIDIA" and combine the strength of "Second World", it is enough to compete with "Intel"!
If you use excitement to describe Lu Zhiyi, then you can only describe He Guoyuan as madness. As the founder of "NVIDIA" and the head of the hardware development department of "NVIDIA" in "Second World", He Guoyuan deeply understands the strength and excellence of "NVIDIA". If "Second World" can finance "NVIDIA", my god, He Guoyuan feels excited from the bottom of his heart when he thinks about it. Combining the technologies of "NVIDIA" and "" two companies, the technology of the graphics card will go to a higher level.
If it is possible, I am afraid that the update speed of graphics cards in the future will be faster than now!
As for those game development departments, their eyes lit up for a while. The more advanced the graphics card technology is, the more perfectly the game effects they develop can be displayed in front of the players. Especially "War of the Worlds", which is about to have a global public beta on New Year's Day next year, requires the support of graphics cards!
"Boss, this acquisition is OK!" Everyone's eyes brightened, and they unanimously agreed with Lin Feng's proposal.
Lin Feng smiled. Sure enough, this proposal will definitely get everyone's approval. Although it is a bit stretched in terms of funds, the turnover of funds can be completed through banks. As for the company having too much debt, Lin Feng is not worried. Once "NVIDIA" can be acquired and "Second World" owns enough "NVIDIA" stocks, the money can be earned back through the market. What's more, the stock price of "Second World" will definitely rise at that time, and it will be able to turn around by raising a little money.
If the "Second World" owns "Nvidia", it will definitely be a super earthquake in the personal computer industry.
Just when Lin Feng was about to end the meeting, a discordant voice came.
"I object!" Abby Cohen's voice came.
Lin Feng held a three-party video conference. After all, this is related to another major investment of the "Second World", so Lin Feng asked Abby Cohen to also listen. Unexpectedly, Abby Cohen, who originally thought Lin Feng should support him the most, actually opposed his plan. You know, this is a plan that all the company's top management agree to. Lin Feng didn't expect Abby Cohen to object.
"Abby, why!" Lin Feng asked.
Abby Cohen stroked her hair lightly.
"Boss, the current market value of 'NVIDIA' is about US$4.82 billion. If the premium is calculated at 150%, it will cost at least US$7 billion. Lin, if 'Second World' invests US$3-4 billion, then It holds about 40% of the shares, including the distribution with shareholders of "NVIDIA", and the "Second World" will probably eventually be able to hold about 35%. The graphics card market has been monopolized." Abby Cohen shook his head sighing.
"At that time, 'Intel' will definitely sue the US anti-monopoly organization in the name of 'anti-monopoly'. Once the US government departments intervene, I am afraid that it will be very bad. Maybe it will force the company to split!" Abby - said Cohen.
Everyone nodded after listening. Just now everyone was overly excited. They only thought of the benefits brought by the company's financing of "Nvidia", but did not think of the possible consequences of the financing.
Antitrust! If it is really sued by the US government for anti-monopoly, it will be a disaster! At that time, "Intel" may laugh very cheaply!
"Abby, what do you think we should do?" Lin Feng asked after thinking about it.
Abby Cohen smiled.
"Lin, this is actually very simple. In fact, since you established the 'Second Consortium', the ties between companies have not been close. This time is just an opportunity." Abby Cohen said.
Lin Feng was silent after listening. Indeed, although he established the "Second Consortium", in fact, except for some cooperation between major companies (such as "Tencent" and "Second World"), most companies Not in contact with each other. This is completely different from the mutual shareholding among Japanese consortium companies. This kind of connection is not close. It is oneself, not the interests of the company, that acts as the hub between the companies of its own "Second Consortium".
There are pros and cons to this. The advantage is that I can abandon some companies with poor assets at any time according to the actual situation, so as not to affect the operation of the entire group. But the downside is that there is little connection between companies and they cannot jointly resist risks. And if something happens to him, the "Second Consortium" is very likely to fall apart.
"Lin, I propose that your bank will cooperate with 'Oracle' to finance 'Nvidia'!" Abby Cohen said.
After listening to Lin Feng, he suddenly realized. For a long time, banks have been completely excluded from many companies in their "Second Consortium", and have hardly participated in any operations of the consortium except as a financial backing. This is not good. Now Abby Cohen proposes that his own bank will finance "Nvidia", which is definitely the best way. Not only can the bank fully integrate into its own "Second Consortium" and participate in the operations among major companies, but it can also solve the funding problem. After all, if one's own bank always lends to the "second world" at the lowest interest rate, it will attract criticism to some extent. After all, the three banks under him are all joint-stock banks, not their own private banks. Even if it is the "Second Bank", which actually owns more than 50% of its holdings, it is necessary to pay attention to the impression of the outside world. Otherwise, if you are too stubborn and the outside world does not invest, then the "Second Bank" will collapse!
"I see, Abby, thank you for your reminder!" Lin Feng said gratefully. If there is no reminder from Abby Cohen, then I have made two mistakes in succession.
"Second World"'s acquisition of "Nvidia" was the first mistake, and finding a bank to continue to borrow a lot of money was the second mistake.
As for finding a bank to borrow money from, it couldn't be easier. The acquisition of "NVIDIA" is to be able to have a certain right to speak or even a controlling stake in "NVIDIA". Naturally, the bank that invested in the acquisition can only be the "Second Bank" in which Lin Feng holds an absolute controlling stake. Otherwise, if it is any other bank, whether it is the "Bank of East Asia" or "Standard Bank of South Africa", if someone in the middle makes a mess, then Lin Feng was depressed!