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Chapter 442: Scheming Minds

~9 min read 1,712 words

Yahoo is located right in Silicon Valley, and the distance is not very far, so ten minutes later, Chen Jiajun had already arrived at the front gate of Yahoo.

When Chen Jiajun saw Wang Zhiyuan and David, he discovered that the two students who had been slightly green before were gone.

Both of them were wearing high-end suits, with rather conceited smiles hanging on their faces.

Conceit and self-confidence are very different, and Chen Jiajun could tell at a single glance.

Although their attitude toward Chen Jiajun was very respectful, they started talking about the company's shares not long after the conversation began.

"The company is about to face an IPO, and we intend to increase the total share capital," Wang Zhiyuan said to Chen Jiajun straightforwardly.

Although Yahoo was being operated by them, the Big Boss was Chen Jiajun.

Chen Jiajun owned 70% of the equity, so once the company increased its total share capital, the one who would suffer the most serious losses was Chen Jiajun.

However, now that Yahoo had reached this stage, it indeed needed a large amount of capital to develop.

Therefore, even though Chen Jiajun was the Big Boss, it was not easy for him to stop it.

But there are actually three whole ways to increase total share capital.

The first is to increase share capital by a certain amount for all shareholders; the number of shares held by shareholders who receive the bonus shares increases, and the unit price of the stock decreases in the same proportion.

Then there is the private placement, where shares are issued to specific targets, the company obtains incremental capital, and the total share capital increases.

This method is also the most favorable for Chen Jiajun.

The last one is to issue new shares after the IPO, which is also what Wang Zhiyuan and David want to do the most.

Bringing this matter up with Chen Jiajun today was just to try and trick Chen Jiajun into issuing new shares.

The two of them had done a lot of preparatory work for this, intending to rely on their silver tongues to persuade Chen Jiajun.

Chen Jiajun immediately sneered, knowing what these two people were up to.

So he refused directly without any mercy: "There is no problem with the company going public and issuing new shares, and there is no problem with diluting equity, but it must still follow the contract!"

"This..." Wang Zhiyuan and David's expressions changed immediately.

You must know that they had accepted Chen Jiajun's investment before, and after three rounds, Chen Jiajun's shares were firmly held at the 70% mark, not giving them any opportunity to maneuver.

Chen Jiajun said indifferently: "I will only accept bonus shares and private placements. As for following the rules after the IPO, I have no opinion on the shares that should be diluted!"

Chen Jiajun's words clearly did not intend to give the two of them any face.

Don't look at the fact that they are the Founders of Yahoo; as long as Chen Jiajun is willing, he can deprive them of their management rights at any time, or even forcibly acquire the shares in their hands and kick them out of Yahoo!

This made the two, who had been touted by the media, capital, and peers, look very ugly.

"Mr. Chen, you are being a bit excessive. We are just discussing it; you won't even give us the right to talk?" Wang Zhiyuan threatened with an ugly expression: "If it weren't for us, Yahoo would be nothing!"

Chen Jiajun said disdainfully: "Oh? Is that so? Then Yahoo is now able to make a profit and go public; whose plan did you use? Where did Yahoo's advertising fees come from? Do you really think I can't run the internet without you?"

Hearing this, the two were struck by lightning.

Their previous success had completely inflated them, making them think the company's development was based on their own wise decisions.

But they seemed to have forgotten that the source of the advertising ideas that Yahoo now relied on for survival came from this Big Boss in front of them.

To put it bluntly, with the advanced consciousness Chen Jiajun possessed, even if he hired a Professional Manager, he could make Yahoo the world's largest internet company; it didn't matter whether Wang Zhiyuan and David were there or not.

Compared to Wang Zhiyuan's conceit, David had a clearer head.

This guy was very familiar with the situation of these big companies in the United States and knew that their little bit of talent was nothing in the eyes of a "capitalist" like Chen Jiajun.

So he smiled and smoothed things over, saying: "Mr. Chen, please forgive us! He only said those angry words for the sake of the company!"

After speaking, David also secretly pulled Wang Zhiyuan, and Wang Zhiyuan hurriedly went down the slope and said some nice things.

Chen Jiajun sneered in his heart, having long since seen through the two's ulterior motives.

If it weren't for the fact that Yahoo was about to go public, just based on the nature of these two, Chen Jiajun would have immediately kicked them out of the management team.

But for now, Chen Jiajun's tone also softened, which could be considered letting this matter pass.

After touring the Yahoo company a little and offering a few reference opinions, he took Cao Weicai back to United Aerospace Capital.

"Boss, these two people..." Cao Weicai made a throat-slitting gesture and said. The conceit of these two guys, let alone Chen Jiajun, even Cao Weicai could tell at a single glance.

Ambitious young people are the hardest to control, and Cao Weicai had already considered driving them away.

Chen Jiajun shook his head and said: "Bear with them for a while first, and see how they perform after the IPO. Once they stir up any trouble, immediately initiate the procedure to kick these two guys out!"

"After tasting the sweetness of capital, these two people are no longer pure technical personnel; the necessary precautions must be taken! I don't want my investment to go down the drain when the time comes!"

In another timeline, why did Yahoo play a good hand so poorly? It was because this guy Wang Zhiyuan had a wild heart and became a thorough capitalist, not a helmsman of a company.

Even after Yahoo became the number one internet company, he stopped seeking progress and thought all day about how to make money.

In the end, he made several major wrong decisions in a row, and single-handedly ruined this number one internet company.

How could Chen Jiajun rest assured to let such a person continue to run Yahoo?

So before the investment, Chen Jiajun had already let Cao Weicai leave a backup plan.

As long as Chen Jiajun wanted to, he could kick the two Founders out at any time.

Cao Weicai nodded and said: "I understand, Boss!"

"By the way, how is the IPO process going?" Chen Jiajun said to Cao Weicai.

Cao Weicai shook his head and said: "These two guys are very anxious, even more anxious to cash out than venture capitalists like us. I have suppressed them several times, but this time I can't suppress them anymore!"

Chen Jiajun frowned and said: "Are there any hidden dangers?"

"Yahoo has been targeted by people on Wall Street. I estimate that there will be a rush to buy after the IPO!" Cao Weicai said with a headache: "Also, I discovered that this guy Wang Zhiyuan has been very close to a Japanese person recently. I don't know what they want to do!"

"A Japanese person?" Chen Jiajun nodded after hearing this: "I will have people investigate it. What about your previous plan?"

Cao Weicai said quite proudly: "I have already met with people from the California Consortium, but we are still in contact!"

"The other party is interested?" Chen Jiajun said with some surprise.

Cao Weicai shook his head: "How is that possible? Our scale is still too small, not enough to attract the attention of a behemoth like the California Consortium!"

As he spoke, Cao Weicai looked at Chen Jiajun with a strange expression and said: "And, we have some trouble! Regarding you, Boss!"

"What trouble?" Chen Jiajun was stunned for a moment.

"What happened in Colombia before!" Cao Weicai said helplessly: "We have been targeted by the CIA!"

"Heh, the CIA!" Chen Jiajun sneered and said: "If they still have the nerve to come and cause me trouble, then let them come! The CIA has no law enforcement authority within the United States! Besides, they wouldn't dare touch someone like you from Wall Street, right?"

Cao Weicai nodded: "But they will definitely cause us some trouble! Especially for that Private Force Contractor of yours, Boss."

Chen Jiajun sneered and said: "Let them investigate all they want. I went through the Interpol route and obtained the license for the Private Force Contractor; what can they possibly do to me?"

"What we need to pay attention to now is the matter with Yahoo. Keep an eye on those two bastards and make sure Yahoo goes public smoothly; don't let them mess around."

"I understand, Boss!" Cao Weicai nodded.

Yahoo's IPO attracted the attention of many people, especially on Wall Street.

They might not understand technology, but they certainly understand how to make money.

The potential of Yahoo has already allowed them to see the potential of the emerging internet industry, so they have been seeking cooperation.

Unfortunately, Yahoo's equity structure is far too simple; apart from the 30% stake held by the two Founders, everything else is in the hands of United Aerospace Capital.

And since Cao Weicai, the ostensible controller of United Aerospace Capital, also comes from Wall Street, quite a few people have approached him.

Even Cao Weicai's former employer, Citibank, sent people to find him.

Although they all knew that it was impossible for Cao Weicai to spit out the fat meat he had already gotten his hands on, these people all wanted to try.

Generally speaking, even if such matters are politely declined, these large companies would not have any objections.

But some people are different, such as some people from Japan. (End of chapter)

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End of Chapter

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