Chapter 164: All Crocodiles Gathered in Smith(1/3)
Abel has no psychological burden on selling part of Smith Capital's shares.
In his view, Smith Capital is not an irreplaceable company.
In this company, he himself is the irreplaceable one.
Only with yourself can Smith Capital have value.
Smith Capital can always be found, but Abe Smith, who has super "talent", is really rare.
Rather than wanting to invest in Smith Capital, these people mainly want to invest in him.
What's more, until now, the properties under his name have basically nothing to do with Smith Capital.
Every time he made an acquisition, he also established a company.
The funds used were withdrawn from Smith Capital.
But what he controls is the other three companies and himself.
Among the three companies.
One is Smith Holdings in Ireland.
One is Emily Investments registered in the Cayman Islands.
There is another company, Alexander Capital registered in Bermuda.
In addition to Abel's investments in the capital market, these three companies hold shares jointly with him personally.
The approximate ratio is adjusted based on industry, time, or his mood.
Like a smith entertainment.
They are three offshore companies, each holding 30% of the shares, and he personally holds another 10% of the shares.
Smith Capital is just his tool for making money and cutting leeks.
If you can use this money-making tool, what benefits can you get?
So why not?
Of course.
The giants are not stupid either.
If they really want to invest in the shares by then, they will have to agree to some of Abel's requirements.
There will also be certain restrictions.
For example, they may require Abel to bind him to the company, or they may have requirements for the company's performance.
If you fail to meet the requirements, you must pay compensation or withdraw your shares.
It's like a gambling agreement.
This is also normal.
Otherwise, they would not be able to spend large sums of money or use valuable shares to invest in Smith Capital.
The current situation is that Paulson, the president of Goldman Sachs, is chatting with Richard Fuld.
Then in addition to the three people, David Komansky and Philip Purcell squeezed in.
This Philip Purcell has a passable Chinese name for Huaxia.
His name is Pei Xiliang, and he is also a famous American financial figure who often goes to China.
The addition of Philip and David didn't change anything.
They are the same as Paulson who was one step ahead of them.
Soon, Abel received the same news as Richard Fuld.
That is tonight, Smith Capital will announce the opening of the first round of financing.
Everyone knows that Smith Capital has no shortage of funds, and its profits are exaggerated.
If it wants to raise funds, it most likely won’t be money.
It could only be some stocks that are more valuable than money, or something like that.
The oligarchs are not stupid, and they also know that Abel is not stupid either.
The smarter Abel is, the happier they will be. A smart money tree is a good money tree.
Smart money trees will be willing to be their money trees because they are afraid of their power.
I won’t think about things all day long.
Richard Fuld's character is as direct as ever.
In parallel time and space, this man saved Lehman Brothers from bankruptcy twice.
At the same time, it was his insistence that sent Lehman Brothers to a dead end in parallel time and space.
During the conversation, Richard Fuld suddenly asked:
"Mr. Smith, with all due respect. Do you have an approximate figure for Smith Capital's valuation?"
he
This question immediately caused the other three giants to pause their conversation.
I have to say that this question was raised by Richard Fuld.
It is also one of the issues that four of the five people present are most concerned about.
How much does it cost to get an admission ticket?
Isn't this issue worthy of concern?
Abel smiled and said, "This issue will be announced later."
The Big Four were naturally not satisfied with Abel's answer.
But thinking that I would find out later, I was not so anxious.
At this time Abel suddenly spoke:
"By the way, Mr. Paulson. I heard that Goldman Sachs owns about 6% of Comcast's original shares."
The smile on Paulson's face froze for a moment, and then the bald old white man responded quickly: "That's right. To be precise, this number is 6.63%."
Abel smiled, and the Big Four saw his smile.
I immediately understood that this guy was interested in Comcast stocks held by Goldman Sachs.
Well, having said that, who in the United States is not interested in Comcast stock?
Then Abel immediately said to Richard Fuld:
"Mr. Fuld, is it true that Lehman Brothers owns 5% of Google's pledged shares?"
Lehman Brothers had a venture capital firm, which was one of the first venture capital firms in Silicon Valley to invest in Google.
Giants like them all control or own shares in hundreds of financial subsidiaries.
"Of course~" Richard Fuld said with a smile.
This also made Richard Fuld understand.
Abel is saying that he is interested in the 5% of Google stock.
Reminiscent of the intelligence, Abel has invested hundreds of millions of dollars in Google.
Presumably this should be the price Lehman Brothers must pay if they want to invest in Smith Capital.
Compared with Comcast's shares, Richard Fuld feels that 5% of Google's shares are nothing.
If the price is this, then Lehman Brothers will be very lucky!
Richard Fuld didn't know that at this time.
How valuable will these 5% of Google stock be in a few years?
Next, Abel asked similar questions to Philip Purcell and David Komansky.
The latter two also received a positive answer.
Although it is not stated explicitly, everyone is smart.
Everyone knew what Abel meant.
Abel also knew them and understood what he meant.
That's enough.
This is one of the reasons why he chose to open Smith Capital today and is willing to let these oligarchs get a piece of his pie.
shares of certain companies.
It’s really the kind that even money can’t buy.
Only through this exchange of interests can we obtain the shares.
To be continued...