Bill Gates was interested in bargaining with Fang Chen, but when he saw Fang Chen's half-smiling expression, his idea suddenly stopped.

According to his understanding of Fang Chen, there is a high probability that Fang Chen will not give in.

And it was only a 10% premium. This was already the smallest premium Fang Chen had ever quoted to him since he had been dealing with Fang Chen for such a long time.

Never before has the price been at least a 30% premium.

Of course, the reason why the premium is so small this time is definitely not due to Fang Chen's great kindness, but Yahoo's market value of US$36 billion, which itself is the result of the extreme premium.

Fang Chen is a man of many thieves. Since he is very aware of how optimistic the outside world is about Yahoo, how could he not raise the issue price of Yahoo to the full price?

According to his understanding, as soon as Yahoo's 36 billion issuance price came out, many underwriting companies withdrew. That is to say, Morgan, the world's top bank underwriters, were really jealous and were unwilling to give up the profits from Yahoo's listing.

Ya agreed without hesitation.

After all, according to industry regulations, the stock issuance handling fee charged by underwriters is 1.5% to 3% of the total underwriting amount, and even if Yahoo is large, it can negotiate the lowest ratio.

Then underwriters like Morgan can also receive US$70 to 80 million.

It can be said that one deal with Yahoo can surpass 20 other listed companies.

But what was unexpected was that on the eve of the listing, when people applied for subscriptions, the subscription ratio actually reached an astonishing 1:5, which means that on average, five people were fighting for each Yahoo stock.

If such a ratio were placed on some small companies, it might not be so surprising, but you must know that Yahoo has been the most expensive company in the world in the past ten years.

The 15% of the shares that Fang Chen took out were already worth US$5.4 billion. According to this ratio, at least US$27 billion of funds were invested in Yahoo before the lottery was drawn.

This is really terrifying.

And we also need to know that if it is a stock market with relatively strict listing standards, such as China A-shares, because there are few companies listed every year, it is not surprising that the proportion of new shares subscribed has always been high.

But this is the United States. The registration-based listing system itself is much easier to list than the A-share approval system. In addition, companies all over the world want to list in the United States. It can be said that the number of companies listed in the United States every year is at least as high as that of Huaxia

Twenty times.

Moreover, most investors in the United States are very rational and mature institutional investors, not retail investors like China. Therefore, relatively speaking, the enthusiasm for subscribing for new shares is not very high, and the proportion is naturally much lower.

There are countless companies that have failed.

It is precisely because the amount of funds for subscribing for Yahoo's new shares is so large that most institutions are not only very optimistic that Yahoo can be listed with a market value of 36 billion, but even believe that Yahoo's stock price will rise sharply after its listing.

After all, there are so many funds that are optimistic about Yahoo, and only one-fifth of the people can actually buy Yahoo's shares. Who dares to say that the remaining four-fifths will not spend a higher price to buy Yahoo's shares in the stock market.

stock.

Of course, it does not mean that all the remaining four-fifths will definitely go to the stock market to buy Yahoo shares, but with this amount of funds, there will definitely be a considerable amount of funds willing to bear a higher premium.

This kind of thing cannot be purchased in the primary market, and then goes to the secondary market to buy it. It is really a normal operation.

This is why he insisted on inviting Fang Chen over and talking to Fang Chen face to face instead of quietly going to the stock market to buy.

He is really afraid of what if Yahoo's stock price rises and he can no longer afford it...

Then he could really be stabbed to death.

As for another important reason, it is the position of this director. After all, no matter how Yahoo shares are obtained, whether he can eventually join the board of directors requires Fang Chen's nod.

Seeing that Bill Gates agreed as if he was eating shit, Fang Chen glanced at Bill Gates and said bluntly: "Bill, if you don't know this, judging from your expression, you would think that I forced you to buy Yahoo's shares.

With the current momentum of Yahoo, it will definitely rise after it goes public! You can be secretly happy to be able to sell Yahoo’s shares at such a low price now!”

Hearing this, Bill Gates couldn't help but roll his eyes. However, what was even more hateful was that he wanted to argue a few words, but nothing came out of his mouth.

After all, from a certain point of view, what Fang Chen said was all true. Yahoo's stock price could indeed rise after it went public. And if it weren't for the deep friendship between him and Fang Chen, it would have been impossible for anyone else to beat him to death.

obtained so many Yahoo shares in their hands.

And as far as he knew, there should be many people who wanted to get some Yahoo shares from Fang Chen, but Fang Chen's status was too high. They felt that the methods they could use in the past were not as good as Fang Chen's.

It's hard not to say that it has any effect on the body, and with Fang Chen's petty and ruthless approach to holding a grudge.

Once Fang Chen takes revenge, the consequences will be beyond the ability of ordinary people to bear, so he can only stop thinking about it.

After all, Fang Chen has a characteristic that is completely different from ordinary rich people.

That means Fang Chen has powerful armed forces in his hands.

Most rich people, including super rich people like him, and even centuries-old families like the Jewish family, do not have a large number of direct armed forces. At most, they will cultivate some close bodyguards to ensure their own safety.

That’s it.

He probably has a bodyguard group of about thirty people, and the Rockefeller family, which has more heirs, probably has a bodyguard group of three to four hundred people.

This is already all the armed forces that the top families in the United States can directly control.

As for why there are so few, it’s not that they can’t afford it, it’s just that they don’t need it!

Yes, no need!

As the big capitalists of the United States and the de facto rulers of the United States, if they really need to use armed force, American soldiers will teach them how to behave.

Controlling the most powerful armed forces in the world, their own private armed forces naturally require too much, and these bodyguards are enough to cope with 99.9% of situations.

But who knew that a freak like Fang Chen would appear in this world, just one of the 0.1%.

The armed forces directly under Fang Chen in Russia numbered 5,000 people, and all of them were from the elite Soviet secret service.

In Africa, Fang Chen even trained a security team of 10,000 people to protect Qingtian's enterprises and projects in Africa.

And according to his understanding, Fang Chen's security team in Africa has tanks and helicopters.

As for where these tanks and helicopters came from, Fang Chen naturally brought them from Russia. Russia is such a shabby place, and it has almost become Fang Chen’s back garden. If Fang Chen wants something, as long as Russia has it, he can get it.

arrive.

So tanks and helicopters don't matter. He wouldn't be surprised if Fang Chen comes out with a big Ivan one day.

But he really didn't know how Fang Chen could lick his face and call a military armed force with such heavy weapons a security team.

Just these ten thousand people are enough for Fang Chen to establish a small country in Africa.

With such a powerful armed force that is comparable to the army, who dares to use some dirty tricks to deal with Fang Chen?

Are you really afraid that you won’t be able to see the sun the next day?

And if it were someone else, the U.S. military could avenge him at worst.

But if it's Fang Chen, haha, not to mention Fang Chen's influence and network in the United States, but given Fang Chen's importance in Russia and China, the U.S. military would not dare to act rashly.

Is it possible that there will be a world war?

Anyway, he felt that he didn't have the face to let the U.S. military attack Russia and China on his behalf and start World War III.

Therefore, no matter how arrogant a person is, if he meets Fang Chen now, he can only keep his tail between his legs and not dare to use any despicable means.

But the problem is that he wants to buy Yahoo's shares now because he is optimistic that Yahoo will create greater value in the future and the stock price will triple, five times, or even ten times, instead of just making a small profit now.

If it was really just for the fluctuation of Yahoo's rise after its listing, why would he bother to be a director of Yahoo?

And to be honest, his reason told him that he would make money by buying Yahoo shares now, but when he thought emotionally, he had earned four-fifths of his actual wealth for most of his life, but he only bought 5% of the shares of Fang Chensun Company.

He really felt like he wanted to cry without tears.

Especially, now that he was being slandered by Fang Chen for no reason, Bill Gates looked at Fang Chen with a bad look in his eyes, even vaguely filled with anger!

"By the way, Bill, why doesn't Metsu come over?"

Seeing that Bill Gates looked unhappy, Fang Chen wisely spoke to him.

It's not that he's afraid that Bill Gates will fight with him. Bill Gates, a guy with thin arms and legs, is really not a good guy in a real fight.

He was just afraid that when Bill Gates went on stage with him to ring the bell in two days, his nose would be bruised and his face would be unsightly.

"Metsu? He would like to come over and sell a large number of Yahoo shares, but the problem is that the old antiques in his family don't agree."

Bill Gates snorted coldly.

Yahoo has such a momentum, and they know Fang Chen so well, how could they not know that Yahoo is definitely something that can make a lot of money.

But the problem is that after the failure of Netscape, Metsu not only lost the resources he promised to help elect the president, but his voice in the family was also greatly reduced, let alone investing billions of dollars.

Buy a portion of Yahoo!

After all, the Netscape incident last time resulted in a sudden loss of nearly two billion US dollars. Even a Jewish family with a lot of money would have to digest it for a while.

So during this period of time, Metsu was a bit decadent, not to mention drinking all day long to relieve his sorrows, but it was almost the same.

After all, with his level and qualifications, if the Rockefeller family did not invest a lot of resources, any Republican candidate who is qualified to run for president would choose Metsuev blindly.

Hearing this, Fang Chen couldn't help but chuckle, it seemed that it was his fault.

"But it doesn't matter. After Yahoo's value is truly reflected, those old-timers from Jewish families will regret it and will naturally find ways to use Metsu."

Bill Gates glanced at Fang Chen and said meaningfully.

It can be said that whether Metsu can stand up in the future and regain the family's favor depends entirely on Yahoo and Fang Chen. If Yahoo develops well, then in order to obtain benefits, the Jewish families will naturally use the ones who have the best relationship with Fang Chen.

of Metsu.

But this is the reality of big families.

Thinking of this, Bill Gates couldn't help but sigh. This was actually the reason why he refused to become a member of the Jewish family.

With the help of the Jewish family, he will certainly develop very well, but you must know that rights and responsibilities are two things in the same coin.
To be continued...