Wall Street Legend

  Chapter 179 Board of Directors

  Ye Dongqing said a part, and kept a part.

He hopes to maintain a certain position in the company. If he tells everything at this moment, how can he continue to play the role of Apple's "savior"? If he wants to win the board of directors, he must let other scattered shareholders realize that he is still useful and can help They make more money.

Only in this way, Ye Dongqing can guarantee that he will have more right to speak, and at the same time, he must acquire more shares. Maybe with his own help, Apple can break through the one trillion dollar market value sooner. , worth a gamble.

After returning that night, Jobs sent people to secretly collect all the information needed to manufacture mobile phones, mixed the technology he really wanted with other information, and asked people to help him investigate. Newton" plan.

This is a very failed handheld computer released in the 1990s. It is expected that it will not be taken too seriously. Ye Dongqing has just reached a verbal agreement with Jobs, asking him not to release unnecessary good news in the short term, and to maintain the stock price at Stability within a reasonable range, while Ye Dongqing guarantees to provide financial and management support, and cooperate with each other to complete the "i" series development plan.

The reason why the stock price remained stable was naturally that Ye Dongqing wanted to acquire more shares. In a sense, this was a borderline violation of insider trading regulations. Tim Cook didn't hear it, and Jobs didn't open his mouth to agree. From the reaction Seems to be the default.

  Compared with the previous life, the plan to develop smart mobile terminals was secretly advanced by more than half a year. Jobs knew the importance, so he kept the news in a small group, and only a few people knew about it.

  Third-party companies have been asked to help upgrade security measures, and lawyers have also begun to draw up more stringent confidentiality plans, planning to cut off several projects, recruiting some capable hardware engineers from within to participate, and trying to recruit a group of new employees.

Now that Danshui Investment Group has become the current largest shareholder of Apple, it naturally has the right to request one of the eight members of the board of directors. After the underlying stocks of those warrants are obtained, two to three more seats can be added. , It was still far from a word. Jobs had to convince them to approve his and Ye Dongqing's plan, in fact, to the shareholders they represented.

And Ye Dongqing is busy negotiating with a Mr. Bill Campbell. He is the current chairman of the board of directors of Apple. Install a member on the board of directors for both aspects.

In fact, at present, there is no actual controller of Apple, but the company’s board of directors controls it. Because Apple has no controlling shareholder, it is difficult for many shareholders of Apple to use their own rights to determine the composition and decision-making of Apple’s board of directors. The shareholding structure is too dispersed, and internal fighting is also an important factor restricting Apple's development.

The current eight members of the board of directors represent about 37% of Apple's shares. Although they are dispersed, they are not as dispersed as when Ye Dongqing was reborn. At that time, more than 2,000 investment institutions became shareholders of Apple, so Ye Dongqing was able to successfully obtain close to 20% of the shares, which involved the companies represented by the three board members.

They don't care about the current Apple company, so they agreed to sell Apple shares in the form of warrants or cash transactions. Now that the shares have changed hands, or are about to change hands, the board seats will naturally be transferred to him. Ye Dongqing's board quota requirements reasonable.

In the governance structure of modern companies, the board of directors is the highest authority of listed companies. Apple’s directors are nominated by the board of directors and approved by the general meeting of shareholders. Who the directors are has little to do with shareholders. They are responsible for helping manage the company. A small circle has been formed, and current CEO Steve Jobs is also a member of the board.

Fortunately, the shares have not been dispersed to the point where effective management cannot be carried out. As of today, Danshui Investment Group has obtained 6% of the shares, and there are almost 14% of the shares outside, which are controlled by Ye Dongqing in the form of warrants. It's in my own hands, so I have a bit of confidence when discussing this matter.

  He will soon be able to sway other shareholders and concentrate his power to get a controlling stake. At that time, the current power of the board of directors will be severely weakened. For example, Jobs is worried about his position as CEO.

The power struggle within the board of directors was also very exciting. In the morning, Ye Dongqing had already met with a representative of the Disney company. The other party represented Mr. Robert Iger, the chairman and CEO of Disney, and said that he would support him to join the board of directors. Apple chairman Bill Campbell is now in a mess here.

This guy relies on the old to sell the old. As an important person who resisted all opinions and brought Jobs back to Apple in 1997, this old man has controlled Apple for more than six years. I can’t say much about his ability. Look at the current market value of Apple. I know, I can only say that it is average.

He has good vision, sitting opposite Ye Dongqing at the moment, holding a cigar between his fingers and said: "I admit that your plan is very good, very very good, but don't think that you can dictate to the board of directors by doing this, as long as I am in office for a day, I must Be responsible to other shareholders!

To be honest, I am worried that your ambition is too big. You have already acquired so many shares and you still don’t stop. You are almost going to contact all the major shareholders with a shareholding ratio of more than 0.5%. Don’t you know How much does it cost? ! "

   "That doesn't scare me, Mr. Campbell."

Ye Dongqing crossed her legs, shook her head with a smile on her face and said, "My Danshui Investment Group is rich, and millions of dollars can be added to the book every day. As long as the shareholders are willing to sell, I will continue to increase my holdings until I am close to a controlling stake." So far, you can't stop this.

   But this does not mean that we cannot cooperate with each other. Agree with my development plan. If Apple makes money in the future, I promise to give you more rewards. I am not sure about others, as long as you are willing to help me this time and stand by my side, until you die or suffer from dementia, I will never let you leave Apple's board of directors, and even give you another job, strength and Google is pretty much, how about a consultant on my Facebook? "

Bill Campbell not only works for Apple, but also is a consultant for Google and Amazon. Before the meeting, Ye Dongqing had already made a thorough investigation. They don’t work in Washington DC, and they don’t have so many rules. on the table...

  (end of this chapter)