Becoming a Russian Oligarch After Rebirth -
Chapter 332: I’ll Take Care of Everything_1
Chapter 332: Chapter 332: I’ll Take Care of Everything_1
At two o’clock in the afternoon, they were still in the first building conference room at Infinite Loop campus.
Boss Qiao, Cook, Wang Ye, Kaja, and Milna were sitting across from each other.
When Wang Ye and his team arrived, Cook went down to greet them, but Boss Qiao didn’t.
Looking at Wang Ye sitting across from him, Boss Qiao suddenly asked, "Japanese?"
He presumed Wang Ye was an Asian because of his black hair, black eyes and yellow skin. He guessed he was Japanese...
In that era, Asians in Europe and the US were often assumed to be Japanese by Europeans and Americans.
Because at the time, Japan was almost synonymous with Asia and was the most developed country in Asia hands down!
In fact, it was a bit rude for Boss Qiao to ask this question, but Wang Ye knew the man and didn’t mind.
He smiled and said, "No, I’m of Chinese-Russian descent."
Again, Cook interjected to keep the peace, because when it came to business negotiations, Boss Qiao was clearly not at his best.
Both parties introduced themselves, and Boss Qiao was surprised to find that the young man with black hair was the real decision-maker of Polar Bear Investment Company!
This piqued his interest.
Boss Qiao was a genius and he had started his business venture early, he was well acquainted with Gates, both were like-minded people.
So seeing that Wang Ye was so young, yet had achieved so much...
Oh, he didn’t actually know what Wang Ye’s achievements were, but at least his investment company seemed to have quite a bit of money. Otherwise, they wouldn’t have approached Apple for an investment.
......
"So, Mr. Mikhail, what investment proposal have you brought us today? Let me first make it clear that Apple only accepts cash financing at the moment and you can apply via stock expansion. We don’t accept acquisitions, especially so-called stock swaps in mergers and acquisitions!" Boss Qiao set the tone for today’s negotiations.
He didn’t want to experience yesterday’s "humiliation" again.
If Polar Bear Investment Company also tried to make a profit without investing anything, he guessed Boss Qiao would really lose his temper.
He didn’t have time to waste on these "financial swindlers" now!
Wang Ye smiled slightly, and said in a serious tone, "I came with sincerity, and Polar Bear Investment Company is a strong company in Russia. Don’t doubt our strength. Tell me, how much funding does Apple need right now and how many shares can you provide?"
That was a big claim, but Boss Qiao was exactly that kind of man...
He grinned, "To solve Apple’s current problems, you need at least three hundred million US dollars. With that money, a lot of plans can start moving, and the company can survive the current circumstances."
Boss Qiao indeed had several plans that were halted due to the current company status.
Such as establishing his own retail stores, acquiring copyrights for songs from major music companies, developing his own music software, etc.
All of these required large amounts of funding, but Apple didn’t have any money at present...
This was why he was eager to find new investors.
After he finished speaking, Boss Qiao didn’t hold much hope.
That was three hundred million US dollars!
Even the large investment banks and funds in the United States wouldn’t be able to put up so much money to invest under normal circumstances.
Not to mention the current times, almost no one was optimistic about the future of the United States.
After all, this so-called Russian investment company was unheard of before, so it probably didn’t have much money.
Truthfully, he wanted to suggest that Wang Ye, if he wanted to invest in Apple, might as well buy some Apple shares on the stock market. That would be simpler...
Unexpectedly, Wang Ye just nodded, "Three hundred million US dollars, huh? What if I want to invest more?"
Boss Qiao was immediately stunned, he looked at Wang Ye in disbelief, wondering if this young man realized how much three hundred million dollars really was!
Cook, sitting next to him, reacted quickly. He instantly responded, "Mr. Mikhail is prepared to invest more? That’s great! In fact, our company board had a discussion a few days ago. If someone is willing to invest in Apple right now, our company is willing to issue a maximum of eight hundred million US dollars in shares!"
He wasn’t lying.
Based on Apple’s share price in recent times, the company’s market value was forty-two billion dollars.
If they were to issue eight hundred million dollars of shares, this would equal to sixteen percent of the company’s shares after the increase, and the company could get eight hundred million dollars in cash!
Not only could they solve all current problems, but the company would also have the precious cash reserve allowing rapid progress in the industry, without any worries about the future!
......
As soon as Cook finished speaking, Wang Ye simply nodded and said, "Eight hundred million dollars for the issuance, right? I’ll take all of it!"
The people on his side weren’t too surprised. Although Milna was slightly taken aback, Polar Bear’s San Francisco branch only had about 1.1 billion US dollars in total. Wang Ye was about to splurge eight hundred million dollars on this small company, it seemed a bit risky...
However, he didn’t raise any objections.
After all, Wang Ye was the boss of the company!
And seeing Wang Ye’s earlier operations on short selling US stocks, it was clear that he was not a reckless person. Since he dared to invest a large sum of money in this company, there must be his reasons. It wasn’t his place to question it.
On the other hand, Boss Qiao and Cook were stunned.
An issuing of eight hundred million dollars!
All of it?
This Mikhail was joking, surely!
Boss Qiao blurted out, "That’s eight hundred million! US dollars!"
Clearly, he emphasized that again to make Wang Ye clear. It wasn’t eight hundred million rubles, but US dollars...
At this time, the exchange rate between the USD and the Ruble was about 1:25.
Eight hundred million USD translated into Rubles would be two hundred billion Rubles!
Wang Ye chuckled, seeing Boss Qiao and Cook, who he could only admire from afar in his "past life", looking shocked at his offer of eight hundred million dollars, he found it amusing...
The Apple of this era was not the behemoth of a decade and a half later—whose market value had surpassed a trillion, two trillion, three trillion dollars...
He had really hit the "jackpot" with Apple this time.
This eight hundred million dollar investment could get him sixteen percent of Apple’s shares!
Moreover, once the IPOD started to sell like hotcakes, Apple would start to become a real money tree!
It was likely that Apple’s shareholders wouldn’t allow the company to issue more shares, so the chances to become a major shareholder in Apple would almost be impossible in the future.
It could be said, that this year, at this time, was the best chance to snatch up Apple at its lowest!
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