Becoming a Russian Oligarch After Rebirth
Chapter 263: The Pattern Needs to Be Bigger_1

Chapter 263: Chapter 263: The Pattern Needs to Be Bigger_1

For Wang Ye, and his company, Polar Bear Investment, Milna is absolutely green with envy!

Because this investment company controls an enormous amount of funds.

They dropped a staggering fifty billion US dollars on the acquisition of the Siberian Oil Company alone!

It’s said that the company’s accounts still hold billions of dollars in cash...

In this day and age, having that much money allows for limitless possibilities.

If that money were his...

Milna dares not think about it!

Firmly believing in the potential of the internet industry, he committed all his wealth to invest in MAIL.RU Company two years ago without any hesitation.

In fact, he almost succeeded, with the company’s market value soaring to several billion dollars after being listed last year.

Holding ten percent of MAIL.RU’s shares, Milna’s net worth also reached tens of millions of dollars at the time.

Regrettably, the environment dramatically deteriorated, plunging the company’s market value to as low as a few million dollars. However, he believed that the current market value was absurdly low and did not accurately reflect the true worth of the company.

Still, Milna remained optimistic, sensing that the current period was actually the perfect time for internet giants to rise quickly!

With the harsh economic climate forcing many internet companies out of business, the reduction in competition and operating costs can be advantageous.

It’s the perfect opportunity to "stake out territories" and rapidly seize a larger market share!

But the issue is, one needs to have enough money to achieve all these.

MAIL.RU is currently slightly better off than Yandex, and is not yet resorting to layoffs or downsizing to survive, but they don’t have extra funds for expansion either.

Hence, Milna was eager to receive large funds in his company, but at the same time, he wasn’t willing to "sell out for glory" and wanted to maintain control over the company!

......

Wang Ye suddenly asked, "Mr. Milna, are you interested in pursuing a career in investment banking?"

Milna was taken aback and questioned, "Investment banking? Where is there investment banking?"

"How about joining Polar Bear Investment Company? Our company has twenty billion US dollars in cash, and we plan to invest all of it in the Internet industry in the next couple of years. Mr. Milna, you’re very familiar with both investments and the internet, so this job should be quite suitable for you." Wang Ye said with a smile.

This was the "sugar-coated bullet" he planned to give to Milna!

Moreover, Wang Ye didn’t offer Milna a job at Polar Bear Investment Company simply to facilitate the acquisition of MAIL.RU.

He genuinely admired Milna’s abilities and wanted him to be his right-hand man at the investment company, and even manage the company’s operations!

Prior to their meeting, after reviewing Milna’s profile, Wang Ye remembered who this man was...

In his "pre-life", Milna was a renowned figure in the global investment banking circle!

His two most famous investments included Facebook, where he invested two hundred million dollars and saw its value surge to over a hundred billion dollars in less than five years!

The other was his investment in JD.com, where he poured eight hundred million directly into it, shocking Brother Dong. He thought the valuation given by Milna was outrageously high. Even Brother Dong himself couldn’t believe JD.com could be worth so much!

This investment also boosted Milna’s revenue by more than ten times within a short span of a few years!

He had a significant reputation within the investment circles, since his investment style was different, and he had a keen eye for opportunities and acted decisively...

Whenever he set his sights on a project, he would direct all his funds to the company in question until they had no choice but to accept his investment!

For example, if other investment companies generally valued a certain company at a billion dollars during a funding round, Milna would offer twice or even thrice this valuation!

Initially, many might have thought of him as a fool, but after a few years, it became clear that his discerning eye was truly formidable!

Such an ace investor was underutilized at MAIL.RU.

Therefore, Wang Ye planned to seize this talent when acquiring MAIL.RU and have him assist in his work at his investment company.

After all, although Wang Ye had a more accurate "eye" for potential than Milna, since he knew explicitly which Internet companies will excel in the next twenty years, and could predict the market values of future Internet giants...

In this regard, not to mention Milna, no one else in the world could be compared to Wang Ye!

However, the work in investment banking is specialized and complicated. Wang Ye could not possibly devote all his time and energy to this. He needed a highly competent deputy to assist him with many aspects of the job.

Milna was the best candidate for this!

...

As expected, Milna was quite excited then.

Feeling a tingling sensation in his scalp, his heart pounded faster. He asked incredulously, "I... you want me to work in Polar Bear Investment Company?"

Though he didn’t know what position Wang Ye had in mind, an invitation from him obviously meant that the position was not going to be a low-level one.

Bear in mind that Polar Bear Investment Company and MAIL.RU are entirely on different levels!

Polar Bear has tens of billions of solid cash while the maximum market value of MAIL.RU hit several billion dollars, but now it’s worth only a few million dollars...

"Yes, you can come on board as the regular Vice President and take charge of the company’s daily operations." Wang Ye replied with a smile.

Milna was so excited he almost blurted out, "Yes."

Luckily, he maintained his rationality, controlled himself, calmed down, and then smiled and said:

"Thank you, Mr. Mikhail, for recognizing my abilities, I will seriously consider your offer.

How about this, I’ll discuss the acquisition of our company with the company board of directors in two days and then give you a final answer.

Of course, from the company’s development perspective, I also agree with Mr. Mikhail’s plan of privatizing and delisting MAIL.RU, then merging it with Yandex to be the dominant player in the Russian Internet!"

At this point, Milna’s tone significantly softened up.

He didn’t bring up deviation from his plan, mentioning "strongly disagree" or "only financing for expansion." Instead, he said that he agreed as well, and it just needed further discussion...

Being able to say this means the acquisition is more or less set, and Milna just needed an excuse to get off the hook with dignity.

Of course, Wang Ye understood his intentions and smilingly nodded and said:

"Don’t limit your vision too much, the internet industry requires a global perspective and a worldwide reach!

What’s the significance of MAIL.RU even if it becomes the top Internet company in Russia?

Companies that Polar Bear Investment intends to invest in will be global internet giants in the future!

The market values of these companies could possibly hit trillions of dollars. By then, you’ll look back and realize how ridiculous today’s persistence was."