The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 317: Fog Bomb, Zip2 Board of Directors’ Power Struggle
As soon as Mast walked out of the Chinese restaurant, he was surrounded by reporters.
"Excuse me, sir, what did you and Wang Lei talk about at lunch?"
In front of the media, Master has never been a good boy.
He uttered wild words:
"Mr. Wang Lei is not very satisfied with the current development of zip2. He is not very optimistic about the company's development path, so he plans to fully acquire the company's shares!"
The reporters who had been waiting under the scorching sun all day suddenly became excited.
The spotlight suddenly flashed non-stop.
"Sir, did Wang Lei say at what price he wanted to buy zip2?"
Master hesitated and said;
"This is a business secret, so I have no comment.
But what I want to say is that Mr. Wang Lei is one of the richest tycoons I have ever seen. It is very easy for him to spend more than a billion US dollars on what he wants. "
All the reporters couldn't help but take a breath.
One billion US dollars can buy the newspaper company where they work, but for Wang Lei, it is really not a big number.
"Sir, what else did you and Mr. Wang Lei talk about?"
"I have no comment on the other content."
Master walked out of the crowd with his chest puffed out like Tom Cat and got into the Ford Mustang.
The Ford Mustang is a two-seat, small-horsepower sedan.
To put it simply, it has the appearance of a two-seater sports car, but has the power to pull across.
The poor cannot afford it and the rich look down on it, but it is the best choice for Master who has just started a business and become rich.
But when he saw the new Ferrari sports car parked on the side of the road in Chinatown, Master suddenly felt that the Mustang under his butt didn't smell good.
"When the money comes out, I will definitely buy a McLaren F1!"
At this time, the price of sports cars was not very high in the beautiful country, and classic models such as Ferrari could be bought for less than 20.
The McLaren F1 supercar, as the fastest on the surface, sells for as high as 82 US dollars!
After having a meal with Wang Lei, Master suddenly felt a little carried away.
He feels that compared with Wang Lei, many shareholders of zip2 are all small players who cannot take the stage.
So much so that his mentality has undergone some changes.
Become confident.
The current CEO of zip2, Sorkin, is a professional manager with very rich management experience.
In terms of company management, he is indeed more suitable to be the company's CEO than the young Master.
The problem is that his thinking is relatively traditional, he does not have the innovative thinking of Internet companies, and he does not like to take risks. This is why capital likes him.
He saw the video of Master being interviewed outside the hotel, and his left eye jumped.
His intuition told him that there was something fishy about this matter. Based on his understanding of Master, this guy would be very relaxed when he was talking big words.
You can't tell whether he is joking or lying.
"Sorkin, please come to the company as soon as possible. We have to hold an impromptu board meeting."
"Is it because Master and Wang Lei had lunch together? Okay, I'll be there right away."
When Sorkin arrived, except for Master and Wang Lei, all major capital parties had gathered together.
As soon as he sat down, he was asked;
"Master said that Wang Lei wants to buy our company, what do you think?"
Sorkin's face was full of contempt:
"I think Mast is deliberately hyping up the topic and trying to force us into submission."
The shareholders all nodded in unison.
The reason why they forced Master into the CTO position was because they did not agree with the other party's business strategy from the bottom of their hearts.
In their view, investors simply cannot understand how advanced your ideas are and how much room for development you have in the future.
As long as the financial report is good and the stock price is super high, it will be fine.
Master's idea is simply not realistic enough. They have to spend hundreds of millions of dollars on his idea, a price they cannot afford.
This led to an internal power struggle.
Sorkin did a good job and used clever methods to greatly weaken the influence of the two brothers in the company.
It was only a matter of time before Master was kicked out.
"Okay, then we won't change anything and everything will go according to the established plan."
Just when Sorkin was about to take the order, his secretary suddenly told him an unrealistic news:
"What, Wang Lei wants to personally lead a team to inspect zip2?"
Hearing his exclamation, the shareholders couldn't help but have new associations.
Does Wang Lei really want to acquire the company in full?
The people sitting here are all capitalists. In their eyes, their wives and children can be exchanged. As long as Wang Lei’s price is high, what’s the problem if they sell zip2?
Shareholders immediately noticed the resistance on Sorkin's face.
"Sorkin, it's a good thing that Wang Lei wants to buy the company. With his investment, it will be much easier for the company to go public. You should be happy."
Sorkin did not respond. He knew very well that Wang Lei and Master must have reached a consensus in private.
If Wang Lei is allowed to take charge of zip2, he is likely to abdicate in favor of someone more talented.
Everything Mast suffered in the boardroom would happen to him again.
He has finally reached the high position he is today, how could he let this happen?
However, he still expressed his position;
"No matter who comes to buy zip2, I will actively cooperate."
The shareholders didn't know the deep meaning of his words, so they all nodded with satisfaction.
On a sunny afternoon.
Wang Lei led the acquisition team to zip2's office in Silicon Valley, followed by the media.
Some shareholders who received the notice and Sorkin waited eagerly at the door.
"They're here!"
After the car stopped, Sol King wanted to signal his secretary to open the door for Wang Lei.
I saw the two Master brothers running and helping Wang Lei open the door.
Sorkin said angrily:
"I've never seen him so active before."
Seeing Master's performance, the shareholders' faces were not natural.
Master didn't care about their looks and said excitedly;
"Mr. Wang, please come inside."
Wang Lei ignored Sorkin and others who came up to him, and said kindly to Master:
“Elon, it’s up to you to help me visit your company.”
Seeing the two of them being so close and familiar, Sorkin, who was ignored, almost chewed his back teeth.
He was getting more and more crazy in his heart. He knew very well that if Wang Lei was really allowed to become the major shareholder, he would definitely be kicked out.
The shareholders who were left behind also looked at each other in shock.
Although their net worth is far less than that of Wang Lei, they are still people of social status. Such disregard makes them very angry.
Seeing this, Sorkin provoked:
"This Wang Lei is too domineering. He is trying to dominate us, probably because he wants to take the initiative in the acquisition negotiations."
"Sorkin, you are right. He must have done this on purpose. Did he think that this would make us surrender?"
Seeing that the emotions of shareholders were aroused, Sorkin suggested:
"We can take the initiative to find a competitor for him. On the one hand, it allows both parties to compete for quotations, and on the other hand, it also allows us to regain the initiative in negotiations!"
"Excuse me, sir, what did you and Wang Lei talk about at lunch?"
In front of the media, Master has never been a good boy.
He uttered wild words:
"Mr. Wang Lei is not very satisfied with the current development of zip2. He is not very optimistic about the company's development path, so he plans to fully acquire the company's shares!"
The reporters who had been waiting under the scorching sun all day suddenly became excited.
The spotlight suddenly flashed non-stop.
"Sir, did Wang Lei say at what price he wanted to buy zip2?"
Master hesitated and said;
"This is a business secret, so I have no comment.
But what I want to say is that Mr. Wang Lei is one of the richest tycoons I have ever seen. It is very easy for him to spend more than a billion US dollars on what he wants. "
All the reporters couldn't help but take a breath.
One billion US dollars can buy the newspaper company where they work, but for Wang Lei, it is really not a big number.
"Sir, what else did you and Mr. Wang Lei talk about?"
"I have no comment on the other content."
Master walked out of the crowd with his chest puffed out like Tom Cat and got into the Ford Mustang.
The Ford Mustang is a two-seat, small-horsepower sedan.
To put it simply, it has the appearance of a two-seater sports car, but has the power to pull across.
The poor cannot afford it and the rich look down on it, but it is the best choice for Master who has just started a business and become rich.
But when he saw the new Ferrari sports car parked on the side of the road in Chinatown, Master suddenly felt that the Mustang under his butt didn't smell good.
"When the money comes out, I will definitely buy a McLaren F1!"
At this time, the price of sports cars was not very high in the beautiful country, and classic models such as Ferrari could be bought for less than 20.
The McLaren F1 supercar, as the fastest on the surface, sells for as high as 82 US dollars!
After having a meal with Wang Lei, Master suddenly felt a little carried away.
He feels that compared with Wang Lei, many shareholders of zip2 are all small players who cannot take the stage.
So much so that his mentality has undergone some changes.
Become confident.
The current CEO of zip2, Sorkin, is a professional manager with very rich management experience.
In terms of company management, he is indeed more suitable to be the company's CEO than the young Master.
The problem is that his thinking is relatively traditional, he does not have the innovative thinking of Internet companies, and he does not like to take risks. This is why capital likes him.
He saw the video of Master being interviewed outside the hotel, and his left eye jumped.
His intuition told him that there was something fishy about this matter. Based on his understanding of Master, this guy would be very relaxed when he was talking big words.
You can't tell whether he is joking or lying.
"Sorkin, please come to the company as soon as possible. We have to hold an impromptu board meeting."
"Is it because Master and Wang Lei had lunch together? Okay, I'll be there right away."
When Sorkin arrived, except for Master and Wang Lei, all major capital parties had gathered together.
As soon as he sat down, he was asked;
"Master said that Wang Lei wants to buy our company, what do you think?"
Sorkin's face was full of contempt:
"I think Mast is deliberately hyping up the topic and trying to force us into submission."
The shareholders all nodded in unison.
The reason why they forced Master into the CTO position was because they did not agree with the other party's business strategy from the bottom of their hearts.
In their view, investors simply cannot understand how advanced your ideas are and how much room for development you have in the future.
As long as the financial report is good and the stock price is super high, it will be fine.
Master's idea is simply not realistic enough. They have to spend hundreds of millions of dollars on his idea, a price they cannot afford.
This led to an internal power struggle.
Sorkin did a good job and used clever methods to greatly weaken the influence of the two brothers in the company.
It was only a matter of time before Master was kicked out.
"Okay, then we won't change anything and everything will go according to the established plan."
Just when Sorkin was about to take the order, his secretary suddenly told him an unrealistic news:
"What, Wang Lei wants to personally lead a team to inspect zip2?"
Hearing his exclamation, the shareholders couldn't help but have new associations.
Does Wang Lei really want to acquire the company in full?
The people sitting here are all capitalists. In their eyes, their wives and children can be exchanged. As long as Wang Lei’s price is high, what’s the problem if they sell zip2?
Shareholders immediately noticed the resistance on Sorkin's face.
"Sorkin, it's a good thing that Wang Lei wants to buy the company. With his investment, it will be much easier for the company to go public. You should be happy."
Sorkin did not respond. He knew very well that Wang Lei and Master must have reached a consensus in private.
If Wang Lei is allowed to take charge of zip2, he is likely to abdicate in favor of someone more talented.
Everything Mast suffered in the boardroom would happen to him again.
He has finally reached the high position he is today, how could he let this happen?
However, he still expressed his position;
"No matter who comes to buy zip2, I will actively cooperate."
The shareholders didn't know the deep meaning of his words, so they all nodded with satisfaction.
On a sunny afternoon.
Wang Lei led the acquisition team to zip2's office in Silicon Valley, followed by the media.
Some shareholders who received the notice and Sorkin waited eagerly at the door.
"They're here!"
After the car stopped, Sol King wanted to signal his secretary to open the door for Wang Lei.
I saw the two Master brothers running and helping Wang Lei open the door.
Sorkin said angrily:
"I've never seen him so active before."
Seeing Master's performance, the shareholders' faces were not natural.
Master didn't care about their looks and said excitedly;
"Mr. Wang, please come inside."
Wang Lei ignored Sorkin and others who came up to him, and said kindly to Master:
“Elon, it’s up to you to help me visit your company.”
Seeing the two of them being so close and familiar, Sorkin, who was ignored, almost chewed his back teeth.
He was getting more and more crazy in his heart. He knew very well that if Wang Lei was really allowed to become the major shareholder, he would definitely be kicked out.
The shareholders who were left behind also looked at each other in shock.
Although their net worth is far less than that of Wang Lei, they are still people of social status. Such disregard makes them very angry.
Seeing this, Sorkin provoked:
"This Wang Lei is too domineering. He is trying to dominate us, probably because he wants to take the initiative in the acquisition negotiations."
"Sorkin, you are right. He must have done this on purpose. Did he think that this would make us surrender?"
Seeing that the emotions of shareholders were aroused, Sorkin suggested:
"We can take the initiative to find a competitor for him. On the one hand, it allows both parties to compete for quotations, and on the other hand, it also allows us to regain the initiative in negotiations!"
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