America is in control

Chapter 185: The pig was killed instead of being slaughtered, and everyone had their own plans to disturb people's hearts.
Early the next morning, General Liu showed up at Yahoo's headquarters with a group of confidants.

Entering the conference room, Moritz immediately greeted General Liu warmly.

"John, your last game was so exciting! It made my blood boil and my eyes nearly popped out!"

It seems that Moritz is in a good mood. After all, people feel good when happy events happen!
"Mr. Moritz, my achievements in the boxing ring are far less than the brilliance you have created in the field of venture capital!"

The sedan chair was carried by everyone, and General Liu responded with a precise flattery.

"You kid, you're so nice when you talk! Come with me, I have something I need to discuss with you in advance."

Moritz took General Liu out of the conference room, and the two came to an empty office and began to talk secretly.

"John, this round of financing was proposed by Masayoshi Son of SoftBank. I felt very sudden when I learned the news."

"He did not disclose the specific investment amount to me, but planned to announce it in public at the shareholders' meeting."

"Masayoshi Son is very optimistic about Yahoo's development prospects. He definitely wants to win more shares of Yahoo this time so as to occupy a dominant position!"

As soon as the two sat down, Moritz couldn't wait to reveal the inside story of this round of financing.

Liu Jiang was surprised after hearing this, and he looked at the other party in disbelief.

If Moritz's guess is correct, Son is ready to occupy the magpie's nest!
Are the two capital tycoons going to start fighting for control of Yahoo?
"Mr. Moritz, we can completely reject Sun Zhengyi's financing request this time!"

"He is just a small shareholder now and can't make any waves!"

"I support you 100%, Mr. Moritz. I think Jerry Yang and David will also choose to stand with us!"

Liu will be very satisfied with Yahoo's current share distribution. Although Moritz holds the dominant position, he does not fully control Yahoo.

When Yahoo needs to make decisions on any major issues, he will seek the support of other shareholders.

This state is simply not too comfortable for General Liu!

Of course he doesn't want to change the status quo. If Sun Zhengyi becomes Yahoo's major shareholder, he doesn't know what trouble will be caused.

"John, this is not as simple as you think!"

"Masayoshi Son's SoftBank Group is currently Yahoo's largest advertiser. The advertising fees of this company alone account for the majority of Yahoo's advertising revenue!"

"He invested real money, but we couldn't find a good reason to reject him directly!"

"Besides, if Yahoo wants to achieve extraordinary development, it must continue to increase investment. This financing comes at the right time."

Moritz raised the corner of his mouth and smiled softly. He was very satisfied with General Liu's attitude.

But after all, the other party is just a layman and has never been in the business world. It is understandable that his understanding is a little shallow.

He could only patiently explain to the other party carefully.

"Mr. Moritz, how are you going to deal with this round of financing proposed by Masayoshi Son?"

How does Liu Jiang know about things like Yahoo's advertisers? He doesn't pay much attention to these specific matters.

However, since SoftBank Group is currently Yahoo's most important partner, a direct rejection is certainly not feasible.

If the other party is forced to panic, it is very likely that they will break up!

Yahoo can't take this risk, so what should it do?

Seeing Moritz's confident look, General Liu relaxed a little.

He guessed that the other party probably already had a countermeasure, so he asked immediately.

“In order to achieve his goal, Masayoshi Son’s investment in this round of financing will definitely not be a small amount!”

"It's not difficult for us to deal with it! We just need to put constant pressure on him and force him to increase his valuation of Yahoo as much as possible!"

"There are many advantages to doing this. First, the other party will not easily break up with us because of this."

"Second, it can effectively reduce his shareholding in Yahoo after this round of financing, and it will definitely not allow him to obtain a veto power on major matters (holding 33.4% of the shares)."

"Third, Yahoo has received a large amount of cash to accelerate its development, and our shares will become more valuable."

“Fourth, the increase in valuation will also pave the way for Yahoo’s future listing!”

"I have made an agreement with Jerry Yang and David. They support my response plan. You will choose to stand with us, right?"

Moritz laid out his plan and explained it very well.

He looked at General Liu with bright eyes, expecting the other party to give an answer.

After listening to Moritz's tirade, Liu Jiang fell into deep thought.

The other party is trying to win over themselves so as to form an alliance against Son.

He planned to kill Son Zhengyi like a fat pig and pour a basin of blood on him.

This solution sounds simple, but the effect should be very good. If you are in a hurry, there is no better way.

Moritz's response is a bit similar to the method of extreme pressure. It is not easy to operate and it is very important to be measured.

If the other party dares to propose this plan, it must be sure of success.

At present, the interests of the other party and my own are consistent, and the two founders of Yahoo also stand with the other party.

I have no reason to reject this plan!

Thinking of this, Liu Jiang slowly raised his head and looked at the other party solemnly.

"Mr. Moritz, I have always been your most loyal ally."

"Under your leadership, we collectively fought off two of America Online's prying eyes."

"You are the person I respect the most, and I will always stand in the same trench with you!"

Liu Jiang's tongue was as bright as a lotus flower. While saying good things, he vowed to express his attitude.

Even though he said this, he actually felt a hint of fear in his heart.

If Moritz can unite with himself to spare Son's blood today, he may unite with others to spare his own blood in the future.

You must be very careful and don't get into the other person's way!

"Good boy! I really saw you right!"

Moritz's face beamed with joy. Taking down General Liu was equivalent to more than half of his plan being successful.

He looked at the boxing champion who kept complimenting him with a smile, and a hint of cunning flashed in his eyes.

Moritz's plan to push up Yahoo's valuation is actually twofold.

The first thing to bear the brunt is to snipe Masayoshi Son, and secondly, he wants to try his best to dilute the shares of other Yahoo shareholders.

Jerry Yang and David are the founders of Yahoo. They have little net worth, so naturally they can't join the investment.

General Liu was a little different, and Moritz couldn't figure out how much money the other party had.

If General Liu also wanted to follow suit, wouldn't his plan be aborted?

But fortunately, the other party didn't seem to realize this at all!
This is easy to handle. As long as he pushes the valuation high enough, Liu Jiang cannot afford to follow the investment even if he wants to. If General Liu has so much money that he explodes, he has a way to prevent the other party from participating in this financing.

He had already thought of the reasons. The last time America Online launched a raid, General Liu concealed key information.

He can use this as an excuse to prevent the other party from participating in this round of financing.

Thinking of this, Moritz reached out and patted General Liu on the shoulder and praised him.

Liu Jiang was a little confused. He didn't know why Moritz was so happy. Is his support really so important?
The shares held by Moritz, coupled with the shares held by Jerry Yang and David, can completely determine all matters at Yahoo.

Could it be that the other party is worried that he also has the idea of ​​​​fighting for dominance?

What a joke! Moritz really thinks too highly of himself!
General Liu can't afford a large amount of money to invest right now, he has more ambition but less energy!
Facing the smiling Moritz, General Liu could only respond with a silly smile.

After the two discussed what to say for the meeting, they returned to the conference room together.

At this time, Jerry Yang and David were already seated in the conference room, but Masayoshi Son had not arrived yet.

The four people looked at each other and smiled heartily. The atmosphere in the entire conference room instantly became extremely relaxed.

Not long after, Son Zhengyi walked in with several business elites, and he greeted Moritz and others one by one.

The four of them responded with kind smiles and enthusiastic responses.

After everyone chatted for a while, the Yahoo shareholders meeting officially began.

Sun Zhengyi cleared his throat and said loudly.

"Dear Yahoo shareholders, the reason why I entrusted Mr. Moritz to convene this shareholder meeting is because I want to announce something in public."

"Although Yahoo's current development momentum is good, I think this is far from enough. Yahoo needs more funds for publicity and expansion."

"In view of this, I propose to open Yahoo's third round of financing."

The expression on Liu Jiang's face did not change at all. Instead, he looked forward to what kind of valuation Masayoshi Son would give Yahoo.

Moritz and others were equally calm. They looked calmly at Masayoshi Son who was talking eloquently.

After a pause, Son continued.

“SoftBank Group can lead Yahoo’s third round of financing.”

"We value Yahoo at US$1.6 million and are prepared to invest US$4800 million in exchange for 30% of Yahoo's shares."

"Coupled with our original shares in Yahoo, SoftBank Group will become Yahoo's largest shareholder, holding a total of 33.5% of the shares."

Son Zhengyi looked around the crowd, as if he wanted to see shock on their faces.

But his idea failed. Moritz and others remained extremely calm, as if the figure of $1.6 million was not worth mentioning at all.

There was a glint in Liu Jiang's eyes, but his facial expression was still managed very well.

Good guy! Son Zhengyi is really rich! It unexpectedly quadrupled Yahoo’s valuation!
If Moritz had not explained it before, Liu Jiang would not know whether he could maintain such a calm state.

From the corner of his eye, he glanced at Moritz, who was sitting next to him, wanting to see how the other person would perform.

Unexpectedly, Moritz didn't even raise his eyelids, but Jerry Yang and David on the side spoke up.

"Mr. Son, I think your valuation of Yahoo is too low!"

"$1.6 million does not reflect the true value of Yahoo at all. I even feel that you are a bit contemptuous of our efforts day and night in the past three months!"

"You should probably take a closer look at what's going on at Yahoo, our click-through rate."

"Our advertiser numbers and ad revenue are up."

Yang Zhiyuan and David each said one sentence, and the two took turns to attack Sun Zhengyi.

They wildly praised Yahoo's current situation, and they boasted it to such an extent that it was rare in the sky and unprecedented on earth.

Having said that, the meaning is obvious, the valuation of US$1.6 million is not enough, far from enough!

Son was not annoyed either. He watched the performances of Jerry Yang and David with great interest.

He even nodded from time to time, seeming to agree with the other party's point of view.

After Yang Zhiyuan and David chatted for a long time, Sun Zhengyi slowly spoke.

"Dear Yahoo shareholders, I am very sorry that my previous valuation of Yahoo was indeed inappropriate."

"Please give me a moment and I will discuss it briefly with my staff."

"Then I will give a new valuation and corresponding lead investment plan."

Son Zhengyi nodded to everyone, and immediately started discussing with several business elites around him in an imperceptible voice.

After listening to what the other party said, General Liu couldn't help but be a little speechless.

Is Son so easy to talk to? He is too honest!
wrong! The other party is a veteran, so Yang Zhiyuan and David's little tricks should not be hidden from his eyes.

Unless he really thinks Yahoo is actually undervalued!
This Masayoshi Son has such a vicious vision. In his previous life, he seemed to be one of the major shareholders of Yahoo!
Not long after, Son Zhengyi and his subordinates finished their discussion. He slowly turned his head and looked at everyone.

He lightly knocked on the conference table twice, making two banging sounds.

Everyone's attention was instantly focused on Son Zhengyi, and he spoke loudly again.

"Everyone, I now have two leading investment plans, corresponding to different valuations of Yahoo."

"In the first plan, we increase Yahoo's valuation to US$2 million and prepare to invest US$2000 million in exchange for 10% of Yahoo's shares."

"Together with our original stake, SoftBank Group will hold a total of 14.5% of Yahoo's shares."

"In the second option, we increase Yahoo's valuation to US$3 million and prepare to invest US$1 million in exchange for 33.3% of Yahoo's shares."

"Coupled with our original shares, SoftBank Group will become Yahoo's largest shareholder, holding a total of 36.7% of the shares."

As soon as Son finished speaking, the entire conference room fell silent.

There was obviously something wrong with General Liu's expression management, and the corners of his mouth twitched twice unconsciously.

After hearing the other party's first plan, he thought it was no big deal.

But when Liu Jiang heard the valuation of US$3 million, he couldn't hold himself tight for a moment!

TNNGTD! Son is amplifying his moves!
One hundred million dollars of real money was smashed down on his head, and General Liu couldn't bear it anyway.

Although in his memory of his previous life, Yahoo would grow into a behemoth, and its market value would soar into the sky.

But that is in the future after all, and there is still a difference between hearing about a $100 million investment.

The impact of the two on General Liu is completely different.

Not to mention General Liu, even Moritz was slightly moved.

Jerry Yang and David were so surprised that it seemed like they could fit an egg into their mouths!
They complained crazily in their hearts, Son Zhengyi is probably crazy!
You know, at this particular point in time, investing even $100 million in any emerging company is an extremely risky behavior.

Not to mention $1 million!
　Congratulations to Zhang Zhilei for KOing Joyce in the third round and becoming the WBO heavyweight transitional champion!
　　
　
(End of this chapter)