Chapter 312
"There is no problem with the same shares and the same rights."
Robert thought for a while, and then said, "But during the financing process, if a third party can provide it.
Non-financial advantages that are obviously beneficial to the company's development, such as market, technology, and even official support and other favorable conditions.
Unless you can also come up with corresponding conditions, after the board of directors votes, you can veto the current priority financing right. "
Li Changheng can accept a veto instead of a direct cancellation.
After all, at that time, he himself was also a shareholder of Intel, so it was impossible for him to object knowingly that it was beneficial to the company.
If that's the case, it's going to be difficult for money, and it's difficult for all shareholders' money.
The premise of wanting to divide and win is that you can provide benefits for others.
Or let people see a bright future.
He's not that stupid to go against everyone.
Li Changheng smiled at the corner of his mouth. When Robert said this, he said that he was not opposed to Intel's new partners.
"No problem, but the company's market capitalization quotation I can give cannot exceed 20 times the net income of the current year's revenue minus costs."
This is the biggest difference and the biggest advantage of having sufficient funds in hand, and those founders who have shares but no cash.
20 times the net income, this is the standard for technology listed companies.
No investment institution will have such a high valuation in the first round and the second round.
Only in the third and fourth rounds will the investment institutions that see the development prospects be able to make such a valuation.
And after three or four rounds, even if Li Changheng didn't follow suit, his shares would definitely exceed 30%.
Then there is the listing.
Robert looked at Li Changheng in surprise and asked, "With a net profit of 500,000 a year, are you willing to value the company at 10 million dollars?"
Li Changheng smiled and nodded, "With this order, 100,000 chips will earn 200,000 US dollars, and the company's market value will increase by 4 million US dollars.
Not enough. I ask to become the chairman of the board of directors. If you agree, I can hand over the foundry of all parts to Intel.
It is also guaranteed that the order for chips will not be less than 400,000 pieces next year. If there is less, I will personally make up the $800,000 profit that Intel should have earned. "
Robert stood up excitedly and said, "You promise not to interfere with my business or Moore's and Andy's research?"
"This can be written into the contract, but the term is 3+3 years." Li Changheng smiled with narrowed eyes, "The first 3 years are for you and the other two shareholders.
When a major business error occurs, or the researched product seriously fails to meet expectations, or even fails.
You have 3 years to adjust, if you still can't make a profit, or develop new products.
I will officially exercise the rights of the chairman and intervene in company affairs. "
After 6 years of operation and adjustment period, if the company cannot be brought back to the normal track, Robert himself feels that there is no need for the young man in front of him to speak.
Other shareholders will jump out and question him as the person in charge.
And if that happens, Robert himself feels ashamed to rely on the position of manager.
After all, it was against one's own wealth.
And Intel's future achievements are destined to make Li Changheng not give up the honor and influence that this company can bring.
Think about the ubiquitous Intel logo before the advent of smartphones, and you know that a company that dominates an industry is by no means comparable to a computer company owner with a market value of tens of billions.
At this time, Intel is in its weakest period. Once it joins in, people will only think that this company has grown under his leadership in the future.
As for why you must be the chairman.
The chairman of the board of directors in the United States generally does not participate in the specific affairs of the company, because he appoints the president and CEO.
And because it is responsible for all shareholders, it naturally overwhelms other individual shareholders on the board of directors.
Once the chairman is the major shareholder, he will not only have a huge influence in the company, but also a celebrity with great reputation in the society.
In addition, he joined the company when the company was just established, so there are many things he can do.
Just like Li Changheng's shares can really reach 45%, then he only needs the support of any one of Robert, Moore and Andy.
Or it is impossible for Intel to have only four shareholders in the future.
The more shareholders there are, the easier it is for Li Changheng, who is a major shareholder, to divide and win over.
It only needs the support of a few small shareholders to truly control the life and death of this company.
Apart from not being able to snatch away the shares of the three, he could easily drive away Robert with his own influence and shares.
Even as long as the negative impact can be eliminated and a replacement can be found, it is no problem for the three founders to drive away together.
Let them be pure shareholders without any real power.
Just like Joe was kicked out of Apple, he was dismissed from all positions, but he is still a shareholder of Apple.
He has 100% right to participate in the general shareholders meeting.
But for founders, no position means no rights.
To him, it was like raising a child and being shot away. It was simply the greatest insult to him.
So, once the founders are relieved of any role, very few people stay in the company.
I don't even want to hand over the shares in my own hands, that is, the fate of money, to others.
Basically, 90% of the founders are kicked out of the company, they will sell their shares, and then use the money to start a business again.
Moreover, it is not so easy to dilute other people's shares, at least as long as there are no traps and obvious disadvantages in the contract, the market value is not as much as the board of directors says.
Shareholders without board seats are not fools, and there is not only one authoritative evaluation agency.
Combined with some small shareholders to find a few more institutions to evaluate, the difference is not big and it can be said in the past.
But the difference is a few percent, double, just waiting to be sued by shareholders.
Once a company that has entered the rising period falls into internal friction and lawsuits, it will definitely lose more than it can gain by making small moves.
Mr. Qiao was driven away by Apple's first financing, Marcus, who joined Apple with funds, and the joint investment agency.
And if Qiao Gang, like Li Changheng, held 170 million US dollars in cash at the beginning of the company's establishment, then he can definitely do whatever he wants in Apple.
Li Changheng only needs to follow up with three rounds of investment in financing, plus Intel's first profitable business, and all profits in the next few years will come from his orders.
In the future, as long as he doesn't die, no one will be able to drive him away, but everyone will spontaneously surround him.
Therefore, basically no one will specifically target a pure shareholder without authority.
Because even if the shareholder is put in prison, the law has no right to deprive him of his shares.
No one can dilute the shareholders' shares all at once.
If he sells his shares to a more powerful and ambitious company or an investment institution that eats meat but does not spit bones, all shareholders will be unlucky.