Chapter 1272: Pirates

"Christopher, my friend, why don't you understand? For them, you are just a popcorn seller, and I am just a nouveau riche.
You know, we are just fat pigs, a little bit different, they are a bit old, they can no longer hold a knife.
Even so, they can do nothing with my wild boar. As for you, I don't think you have room for resistance. "
For the long negotiations, William White was impatient. Similarly, Christopher Galvin was impatient. They need to decently leave, otherwise, there is no way to recover the points lost on the board.
"You mean?"
"Is it weird? Your family controls less than 5% of the shares. Even if I fully support it, you can never get most of it."
Speaking of this, on Christopher's head, a drop of cold sweat slowly dripped down his forehead. William White shook his head and smiled bitterly. At this time, the man on the other side still knew nothing.
William White's words, like a huge wave, instantly destroyed Christopher's confidence.
"William, are you serious?"
"Hehe, tell me, can the current stock price reflect the value of Motorola? For those vultures on Wall Street, any overestimation or underestimation will become the delicacy in their mouths."
"William, if it is exactly what you said, I would not be able to sell it cheaply.
Because if so, I might be fired from my company. "
"No? Jobs has also been fired. However, I don't think you are likely to come back."
William White knew very well that the man on the other side would definitely compromise. Compared to a failed project, he certainly cares more about the control of the company. Since William White said that it would be useless for the White Fund to support him, it is clear that the internals of his company are not very stable.
Yes, William White is also very greedy. The valuation of 200 million dollars is not letting go. Rather than talking about acquisition and reorganization, you might as well talk about bankruptcy and liquidation.
"Would you like to make a bet? If I, William White, you won't be able to sell for $1.
You don’t think that there is only a price factor, do you? "
"Okay, the deal. If you say, I was a little bit sad before entering the door. Now I understand, no wonder, many target customers have changed their plans."
William Huai nodded and said, "You and I all understand that the attribute of capital is greed. However, using external forces to engage in management buyouts is not greed, it is shameless."
"Thank you, I want to confirm that our cooperative relationship will not change?"
"Of course, you and I are both funders. It can be said that the position is the same. If you are a founder, there is nothing to say. Professional managers, if there is no persistence and integrity, no matter how strong they are.
This is a behavior that cannot be encouraged. "
Christopher smiled and nodded, almost as he thought. The reason William White told him was just a standpoint.
To say whether William White would fool him, he himself did not believe it. To be honest, if it were not desperate, he definitely could not be so decisive.
In his opinion, William White won the Yttrium Star, possibly for Tesla's rocket project. Due to the extremely high failure rate, not many people care about what rockets. That is to say, William White is rich, and he can splurge unscrupulously.
Launch failed?
It's okay, buddies like to watch fireworks, can you control it?
"Boss, you tell him directly, but you are suspected of instigating discord." Felson was unlucky to encounter this casual boss. Of course, it is inappropriate for him to express his opinion on this matter.
Management buyout, in his view, this is not so unbearable. In other words, if you have no way to lead the company forward, abdication to the virtuous can be a plan.
This is the nature of the capital market. Otherwise, there would not be so many rules. Isn’t there an exchange for the company’s circulation?
Of course, the boss will not like it.
Or, after Philson has his own company, his mentality and ideas will change.
"Philson, I am not so absolute. MBO is actually nothing, Yahoo and Amazon, I am not letting go.
If one day I really do not manage the company well, the position of chairman is actually not necessary.
There is a bottom line here, you can’t eat inside and outside. Look, I think Christopher will eventually lose. "
"Boss, you mean, this is a hostile takeover?"
"Hehe, not only that, it will be a gluttonous feast. In the end, Motorola will be swallowed up."
William White does not intend to say it, of course, the reason he is telling Philson is also very simple. As long as someone intends to sell, the White Fund will bid.
Humph, buddy is still Motorola's shareholder. No matter what you want to do, there is no possibility to bypass me.
"Hehe, the method is too rough. In this way, even if he succeeds in getting to the top, he will encounter a fierce rebound." Buffett curled his lips with a look of disdain. He understands too well that William White is the one who doesn't suffer at all. It's just a pity that Motorola will fall into internal friction for a long time.
"Old man, doesn't this fit your cigarette theory?"
Hearing Charlie Munger's teasing, Buffett didn't care. Nima, what the old man needs is a cigarette butt, which Motorola obviously does not meet. What a big game, he is not eligible to participate.
"Hehe, I really want to know what the expressions of those old guys are.
However, Galvin's kid is really not capable. Doing a good phone honestly is not better than anything else. "
William White naturally didn't know the conversation between the two old guys. If you know it, you will be very disapproving. The founders and professional managers have completely different business ideas.
Generally speaking, the well-known CEOs of the United States always turn the wheels. Anyway, everyone has an agreement, how much I can help you improve, how much equity incentives you give me.
Generally speaking, three years is the most. Because beyond this time, no matter how good professional managers are, they will be squeezed by themselves. When the time comes, let alone improve their performance, they may have negative growth.
The benefits are obvious. They will straighten out the company's management and try their best to reduce various expenses. In a word, if the general environment does not change, improving profit margins is commonplace for these people.
As for the drawbacks, what they play is drinking poison to quench thirst. How to maximize the overdraft potential is what they should do. As for research and development, brand image, if the company's performance cannot be improved in a short time, all will be cut off.
Among them, the most typical one is Gerstner invited back by the Blue Giant.
You see, the advantages are obvious. Because of this person, the Blue Giant got rid of the bad luck of bankruptcy and liquidation.
This is the advantage, as for the disadvantage.
When this guy retreats, whoever comes up to take over will be a dead end. If you don't believe me, go and see, IBM, almost all the great inventions, this is the research and development of this guy before he came to power.
In this world, there is nothing if. More people will only say that the successor will be a rice bucket. Of course, they will not know that once the so-called high-tech companies give up R&D, they will be dead.