Wall Street Legend

Chapter 179 Board of Directors

Ye Dongqing said part of it and kept part of it.

He hopes to maintain a certain status in the company. If everything is revealed 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 make other scattered shareholders realize that he is still useful and can help. They make more money.

Only in this way can Ye Dongqing ensure that he will have more say, and at the same time, he must acquire more shares. Maybe with his help, Apple can break through the one trillion US dollar market capitalization mark faster. , it’s worth a gamble.

After returning that night, Jobs sent people to secretly collect all the information needed to make mobile phones, mixed the technology he really wanted with other information, and asked people to investigate for him. The smoke bomb was already thought out - and he was about to announce a restart. "Newton" plan.

This was a handheld computer that was released in the 1990s and was a huge failure. I thought it would not be taken too seriously. Ye Dongqing had just reached a verbal agreement with Jobs, asking him not to release unnecessary good news in the short term and to keep the stock price at a high level. Stability within a reasonable range, and Ye Dongqing guaranteed to provide financial and management support to cooperate with each other to complete the "i" series development plan.

The reason why the stock price remains stable is naturally because Ye Dongqing hopes to acquire more shares. In a sense, this is a side ball that violates insider trading regulations. Tim Cook did not hear it, and Jobs did not agree. Judging from the reaction, It seems to be the default.

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

It has asked third-party companies to help upgrade security measures. In addition, it has also begun asking lawyers to formulate a more stringent confidentiality plan, preparing to cut off several projects, transfer some capable hardware engineers from within to participate, and try to recruit a group of new employees.

Now that Tamsui Investment Group has become the largest shareholder of Apple, it naturally has the right to demand a quota among the eight board members. After acquiring the stocks underlying the warrants, it can add two to three more quotas. , It is still far from being a one-word speech. Jobs must convince them to accept his and Ye Dongqing's plan, and actually tell it to the shareholders they represent.

Ye Dongqing, on the other hand, was busy negotiating with a Mr. Bill Campbell, who is the current chairman of Apple's board of directors. He has been in office since 1997. The focus of their discussions was mainly on promoting the development plan of mobile smart terminal products and the past. Placing a member on the board of directors does both.

In fact, there is no actual controller of Apple at present. What controls it is the company's board of directors. Because Apple does not have a controlling shareholder, it is difficult for Apple's many shareholders to use their rights to determine the composition and decision-making of Apple's board of directors. The ownership structure is too dispersed, and internal strife is also an important factor limiting Apple's development.

The current eight board members 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 nearly 20% of the shares, which involved the company represented by the three board members.

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

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

Fortunately, the shares have not been dispersed to the point where they cannot be effectively managed. As of today, Tamsui Investment Group has obtained 6% of the shares, and there are still almost 14% of the shares outside, controlled by Ye Dongqing in the form of warrants. It's in my own hands, so I feel confident when discussing this matter.

He will soon be able to influence other shareholders and concentrate their efforts to obtain a controlling stake. By then, the current power of the board of directors will be severely weakened. For example, Steve Jobs is worried about his status as CEO.

The power struggle within the board of directors was also quite exciting. In the morning, Ye Dongqing had already met with a representative of the Disney Company. The other party represented Mr. Robert Iger, chairman and CEO of Disney, and said that he would support him in joining the board of directors. However, at this moment, he Apple Chairman Bill Campbell is in trouble here.

This guy is relying on his old age. As an important person who overcame all objections to bring Steve Jobs back to Apple in 1997, this old man has controlled Apple for more than six years. His ability cannot be said much. Look at Apple’s current market value. I know, I can only say it is average.

He was discerning. He was sitting opposite Ye Dongqing with 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. As long as I am in office for one day, I must Be responsible to other shareholders!

To be honest, I'm worried that you are too ambitious. You have already acquired so many shares and you still haven't stopped. You are about to contact all the major shareholders with a shareholding ratio of more than 0.5%. Don't you know? How much does this cost? ! "

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

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

But this does not mean that we cannot cooperate and agree to my development plan. If Apple makes money in the future, I promise to give you more rewards. I'm not sure about the others. As long as you are willing to help me this time and stand by my side, I will never let you leave Apple's board of directors until you die or develop Alzheimer's disease. I will even give you another job. Your strength and Google is almost like that, how about being a consultant on my Facebook? "

Bill Campbell not only works at Apple, but is also a consultant to Google and Amazon. Ye Dongqing had already investigated clearly before meeting. They don't work in Washington and don't have so many rules. At this time, they can talk casually and just talk about what they want to talk about. is on the table...

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