Chapter 112 The Asian Financial Crisis
Major investment banks and financial investment companies in the United States are naturally interested in ICQ. Of course, some multinational companies in Europe and Asia have also expressed that they will participate in the ICQ Series B financing.
The board of directors represented by CEO Weisger certainly welcomed it.
The main purpose of Icq's financing is to win over powerful allies from the global market and allow ICQ to gain more support in countries outside North America.
You should know that although those companies are not as strong as Microsoft and Goldman Sachs, they are local snakes in their countries and regions. They have great influence in the fields of economy, politics, etc. With their participation, ICQ's globalization strategy can naturally develop more rapidly.
Microsoft: "Support stock expansion!"
Goldman Sachs: "We also support the expansion of shares!"
News Group: "But there is one question, that is, how many shares will be taken out this time."
Sequoia Capital: "No matter how the shares are diluted, we Sequoia Capital will follow up to ensure that our shares are not diluted."
HP: "In terms of the issue of Series B financing, we decided to invest additionally, and Qixi has more icq equity."
Amazon: "Don't bully me, the new director, anyway, we decided to follow up on the investment."
There is no doubt that Microsoft and other six major shareholder representatives have expressed their intention to invest additionally to prevent the shares from being diluted.
Dilution in equal proportions?
hehe!
Of course, the representatives of the 6 major shareholders will not agree.
So what's the question?
They don’t want their shares to be diluted, so they can only be diluted by the shares of Zhuke and the ICQ founding team.
The six major shareholders are all strong, and Weisger and others are weak. Of course, they are the ones who have taken out the shares raised this time. However, Weisger and others, including Zhuke, will receive a large amount of cash.
Finally, after several meetings, IQ will take out 30% of its shares.
.........
June 30.
On this day, IQ's Series B financing was officially completed.
The speed is so fast that it is simply shocking!
The main reason is that the development speed of icq is very popular in the market. Investment representatives from countries around the world are willing to spend a lot of money to acquire shares. Dell, Nintendo, Citi, France's No. 1 Bank, European Philips Group and other giant companies have joined in one after another. How can they not be happy?
In this round of financing, only Goldman Sachs and News Group's original shareholders, which rose a little, while the shareholding ratios of other shareholders of various parties have decreased to varying degrees.
Microsoft is the most clamoring for the B round of financing projects, but the reality is that it gave up part of its shares without hesitation.
This has made the shareholder representatives from multiple parties more vigilant.
Bei Bald Head said: "What is Microsoft going to do?"
Zhuke frowned and said, "Maybe Microsoft is going to leave the market. You know, Microsoft's monopoly position in global computer system users. Once they open their own instant messaging software, ICQ is likely to end up with Netscape."
"Um!"
Bei Bald nodded with a serious expression, "According to Microsoft's usual eating behavior, they must have this idea. It is a completely wrong decision to say that I invest in IQ this time! Zhuke, I regret you bastard."
Zhuke said he would never give you a chance.
In the original time and space, Microsoft noticed the cake in the field of instant messaging shortly after the release of IQ. They wanted to enter the market as soon as possible, but they were starting a browser war with Netscape and had no extra energy at all.
But!
The situation is different now!
Microsoft's IE browser, with its huge number of users and forced installation methods, suppressed the living space of Netscape browser in one fell swoop. It was only a matter of time before Microsoft won this battle.
In other words, once Microsoft wins a comprehensive victory, when they free up their hands, they will inevitably make a big move into the instant messaging market.
"In the original time and space, MSN instant messaging was born under this situation!"
"Microsoft's rogue method, I'll ask if you're afraid!"
Of course, the ICQ, which now has multiple allies, is not as easy to bully as original time and space. As for this war in the field of instant messaging, who will win in the end, Zhu Ke, as a time traveler, cannot predict.
However, it wasn't Zucker's turn to worry about it!
12%!
This is the current shareholding ratio of Zhuke in ICTQ Company.
The shares have been diluted a lot, but the market value is still very valuable.
"If ICQ is listed, then even if the shares are diluted again, my wealth will surely surge again because of the value of these shares!" Zhu Ke thought to himself.
Especially in the current stage of investors' crazy pursuit of the Internet!
Therefore, Zhuke has great confidence.
In the late 1990s, global investors were crazy and blind in Internet projects.
"Internet company myths" continue to appear, stimulating investors again and again.
In 1996, Yahoo was officially listed on the Nasdaq. In just a few years, its stock price has increased incredibly 64 times, and its total market value has reached an astonishing US$45 billion;
Amazon, an online bookstore founded by Jeff Bezos, created another myth.
The company's stock was listed on Nasdaq on May 15, 1997. In the next year and a half, the company basically had no profit, but by the end of 1998, its stock price rose by 230%, and three months later, it rose by 400%, with a total market value reaching a huge $40 billion!
Crazy!
The market is completely crazy!
At this stage, even if you don’t have a company office address, even if you don’t invest a penny, as long as you have a more detailed high-concept Internet plan, you will definitely be able to get investment!
Of course, there are also many people who cheat money.
Overall, as long as it is an Internet company, its market value has skyrocketed in the late 1990s.
"E Toys is the most famous representative of it!"
eToys, founded in 1997, mainly sells various toys through its own website.
During the Internet boom in 1999, the company's stock was listed on the Nasdaq. The total market value reached US$8 billion at the opening, far exceeding the $6 billion market value of the time-honored toy company R-Tois, shocking the entire industry.
However!
In fact, the latter's operating performance is much higher than the former!
In 1998, the former's sales were only US$30 million, while the latter was as high as US$11.2 billion, almost 400 times the former; at the same time, in terms of profitability, the former's losses in 1998 reached US$28.6 million, while the latter made a profit of US$376 million.
There is such a huge difference in fundamentals between the two!
The stock price is in an upside down!
This shows how rational investors' rationality has been missing in the Nasdaq market at this time.
"Crazy!"
"The more crazy I will make, the more I will earn!"
"Whether it is the 12% stake in ICQ or the 2% stake in Yahoo I own, it will make countless profits in this crazy feast."
"Of course, before the Internet bubble comes, you must leave."
Zhuke kept thinking about it.
Of course, it’s over again when you think about it. This is not a recent thing. Now Zucker’s main busy thing is to deal with the Asian financial crisis.
opportunity!
An opportunity that will make Zucker's net worth surge again!
Chapter completed!