Chapter 262: lion open mouth

   Chapter 262 The Lion's Big Opening

Wang Ye naturally had a plan for Yandex's arrangement.

So facing Woroz's question, he said calmly: "After the company is privatized, I will invest a lot of money to continue to expand the company."

Hearing Wang Ye's words, Voloz's eyes lit up, and he quickly asked: "That means all the employees can be retained? In fact, some of the employees who were dismissed some time ago were very talented, but the company accepted it. They couldn't afford the wage pressure, so they were fired."

Wang Ye smiled and said: "If you find useful employees, you can get them back. By the way, our next acquisition target is MAIL.RU. After the acquisition, the two companies will be merged into one The company is the undisputed number one in the Russian Internet industry!"

This time, Woroz was even more interested.

He patted the conference table and said excitedly: "Yes! If we can really merge our two companies, then there is really no company in Russia that can challenge us."

Obviously, these two companies were originally among the top giants, and they were also the only two companies listed on Nasdaq among Russian Internet companies.

They are merged together, including the two core Internet businesses from portal to search, how can other companies play!

It is no exaggeration to say that after the merger, an Internet oligarchic company was born...

Wang Ye continued: "And you will become the technical director of the merged company! And there will be certain share incentives, and all employees of the company will also have corresponding share incentives. In the future, when the Internet industry picks up, we will be listed again. ."

This is Wangye's plan after acquiring the two companies.

The reason for privatization and delisting is because the current stock market has lost the function of financing and hematopoietic for the Internet, so it is better to take back all the shares when the stock price plummets.

Then use your own money to develop the company and make the new company a giant in the Russian Internet sector!

A few years later, the Internet industry will pick up, and if it goes public again, it will not be a matter of millions of dollars in market value, and it may not be able to beat billions of dollars!

In addition to its strong capital, it can also avoid the dilution of shares as much as possible, then when it goes public again, Polar Bear Investment Company can earn the greatest benefits!

………………

The negotiation process went very smoothly, and Woroz agreed to Wangye's acquisition request with almost no "resistance".

He can't do anything either. If he can't find the gold owner again, the company will really sell the building to pay wages...

The current market value of Yandex is only US$4 million. Wangye intends to pay a premium of 1.5 times, which is US$6 million, for privatization. The employees of Polar Bear Investment Company will assist Yandex to initiate the delisting process.

Because it is listed on Nasdaq, the delisting process is also very simple, especially during this time period.

There are a lot of delisted or even closed Internet companies every day, and no one cares about a Russian company at all.

In addition, the premium given by Wangye is quite high, so there will be no obstacles.

After the full privatization, 100% of Yandex's equity will be owned by Polar Bear Investment Company.

But Wang Ye is not stingy, he is going to take out 15% of the shares to establish an equity incentive pool for the company's executives and employees!

Outstanding executives and key employees will receive equal equity incentives, which can be realized when the company is listed next time.

As for whether a large number of millionaires, tens of millions or even billionaires will be born, it depends on the results of everyone's efforts.

In addition, all the existing management and employees of Yandex Company are retained, and even the employees who were dismissed earlier will be recalled again.

Once the privatization process is completed, Polar Bear will inject another $50 million into Yandex to grow the company!

After the two parties signed the contract, the matter was basically settled.

There is still a lot of work to be done in the follow-up, but that is not something Wang Ye needs to worry about. The company has so many employees with high salaries, isn’t that what they do.

………………

Watching the convoy leave, Voloz turned around with a full face, opened his arms in front of several other executives, and shouted: "We are saved!"

"Ulla!"

"Ula~"

Cheers suddenly sounded, everyone hugged each other excitedly, tears welling up in their eyes...

This feeling is even more exciting than when it was launched!

Don't think it's too exaggerated. To be honest, if there is no Wangye's acquisition this time, how long can Yandex last?

Is it three months or half a year, no one knows...

Now the company has not only kept it, but everyone doesn’t need to take a pay cut.

Listen to Mr. Mikhail, not only will the company not cut wages, but will also raise wages appropriately!

With equity incentives, everyone's future is bright!

This is simply giving help in the snow. It is no exaggeration to say that it saved everyone's life!

…………

I easily won Yandex, and the next step is to get MAIL.RU.

On the second day, Wang Ye and his party came to MAIL.RU company.

But in this company, Wang Ye met a real "opponent"!

"Mr. Mikhail, I'm sorry, our company can last for a while now, so we don't want to delist, let alone be fully acquired. Our board of directors has discussed that we only accept the option of share expansion financing, and we don't want to be delisted. The valuation must be objective. Well, according to the market value of the company when it first went public, $300 million, we can issue a maximum of 20% of the shares, and a minimum of 10%."

Milner, the current helm of   MAIL.RU, looked at Wang Ye with bright eyes and said.

Wang Ye frowned, the bald head in front of him was very difficult to deal with, and he refused without listening to his offer.

Moreover, the oil and salt are not in, and the anti-customer mainly came up with a plan to expand shares, and the company's valuation is extremely outrageous!

Is this a lion's mouth when he sees that he is rich?

He was not afraid of having too much appetite, so he held on!

Since the other party is "shameless", then Wang Ye is not polite.

He smiled lightly, "Mr. Milner, are you still alive in 2000? Don't you know the current situation of the global Internet industry?"

Milner did not show weakness, and immediately retorted: "The Internet industry is indeed in a recession, but I firmly believe that it will not take long for this industry to recover, and it will be more brilliant than last year! To be honest, I think three of our company's valuations. 100 million is too low! Because we have the largest Russian portal, the largest number of users, and the highest advertising revenue!"

These words, if they were said last year, there would be nothing wrong with that.

Because MAIL.RU is indeed the No. 1 Russian Internet company in terms of comprehensive strength.

(end of this chapter)