Li Mu firmly believes that life is like climbing a mountain, and many people have the potential to reach the top, but the road to reach the top requires various factors such as time, place, and people.

In the long road to reaching the top, you can be crushed to pieces by just one step. No matter how powerful a person is, as long as he is sufficient in height, he will not be spared. Some guys who are lucky enough to save their lives will probably no longer have the mentality and courage to reach the top.

Many people's success is like running around, like jumping over turbulent rivers from stones, such as Bill Gates, horse-drawn vines, Mark Zuckerberg, and Jobs. Although these people succeeded to the other side in one go, every step along the way is extremely dangerous, and one step will be doomed.

Among these people, Jobs's journey to the top was the most bumpy. He failed several times and had to retreat to the foot of the mountain to find another path. He finally gained a firm foothold on the ipod and itunes. Since then, he finally found a way to make a concerted effort, and then entered the joint camp and killed all sides.

However, it is not just the one that supports Apple as the world's highest market capitalization enterprise. For example, Zhu Di, the king of Yan who led his army south to usurp the throne, the success of the ipod can only support a vassal king and a fiefdom, and cannot support a huge empire. If you want to conquer the world, you must attack south step by step until you conquer Jinling City.

Every step before taking Jinling is actually extremely dangerous. If you are not careful, you will die without a place to bury. Jobs succeeded in his previous life. He was like Zhu Di, miraculously successful, but in this life, he was not so lucky. Li Mu took away the stone of ipod, causing the apple led by Jobs to fall into the surging river.

After knowing that Jobs had completely compromised, Li Mu concluded that Jobs was no longer the Jobs of his previous life. He was like Zhu Di in another parallel world. As soon as he led his army to attack Yanjing, his main force was wiped out. The failure caused him to lose his fiefdom, and more importantly, he lost his original animal nature and confidence.

Li Mu finally breathed a sigh of relief. With Andy Rubin in his hand, he was about to take Apple into his pocket. At that time, the two parties were completely independent, allowing Andy Rubin to develop the previous life android, which is now mos, based on Linux, according to his own ideas, and at the same time, let Tim Cook and Apple R&D personnel develop iOS based on maos.

If everything goes well, in 2005, or 2006, Makino Technology will be able to come up with two real smartphone operating systems. By that time, it will not only kill the world, but also destroy the world.

In Li Mu's idea, iOS must adopt a completely closed source method, which is only for its own mobile phones and other mobile hardware; as for Mos with Android as the core, it can be authorized to other mobile phone manufacturers by paying to authorize it.

Paid authorization, but it is by no means a completely open paid authorization. It is not something that anyone can buy if they want to buy, but whoever they want to sell to can buy it.

When I hold two mobile operating systems in my hand, all other competitors in this industry will become ants.

Subsequently, Lin Qingya, represented Li Mu, began further acquisition negotiations with Apple.

Lin Qingya, on behalf of Li Mu, offered Li Mu's final offer to Apple: with the price of US$4.15 that day as the standard price, and 90% of the standard price as the actual transaction price, it acquired all the shares in the Apple shareholders' team. After signing and confirming, it proposed compulsory privatization to Nasdaq at 4.15 yuan as the standard price and 150% of the standard price as the purchase price of the outstanding shares.

The acquisition funds paid to Apple shareholders will be paid 50% of the signing and the remaining 50% will be paid within three months. The funds paid for the acquisition of outstanding shares will be paid immediately when the privatization is initiated.

Regarding the acquisition price of outstanding stocks, Li Mu can actually push down further. After all, Apple's stock price performs too badly. If the news of his acquisition comes out and he gives up the acquisition because of the high cost of privatization, Apple's stock price will have another round of oversold. By that time, the stock price will hit a new low. It will be difficult to think about it again. Therefore, as long as a premium of 20-30%, both Nasdaq, retail investors and investors will accept it, and forced delisting can be achieved.

However, for the sake of Muye Technology's corporate image, Li Mu personally decided to set the standard of privatization of 150% premium, which was to use Muye Technology to pay for Apple on its own, and compensate retail investors and other investors who have suffered heavy losses.

After all, Muye Technology must be listed on Nasdaq in the future. Li Mu doesn't want to leave a feeling of being a weekly savage to investors in Nasdaq now. Spend more money and buy a good reputation. At the same time, it will also sell Nasdaq for a face. It will naturally be much more convenient when it goes public in the future.

Ding Jian settled the bill for Li Mu.

Currently, Apple's market value is around US$3 billion, and the proportion of outstanding shares is about 25%, with a market value of US$750 million. That is to say, the funds used to acquire outstanding shares are 1.5 times that of US$750 million, which is 1.125 billion;

The remaining $2.25 billion is paid to Apple shareholders at a 10% discount, with a total price of $2.025 billion.

After all, this is $3.15 billion.

Leave a certain amount of cash flow to Muye Technology and can withdraw up to $700 million in cash, which means that Li Mu's funding gap is around $2.5 billion.

Seeing that Apple could not wait to be acquired, Ding Jian pulled Li Mu and Lin Qingya to meet him privately, specifically reminding Li Mu that the biggest problem in acquiring Apple is no longer whether Apple agrees or not, but whether Muye Technology can afford so much money.

With 2.5 billion US dollars in cash, Internet companies around the world can afford so much money, but none of them can do it.

Everyone's market value is accumulated by high turnover, high gross profit, storytelling, and concept speculation. Most companies have very low net profit margins, and they don't have enough money to spend, and they have to raise funds everywhere. How could they have $2.5 billion on their accounts?

This reminded Li Mu of a joke.

A woman without any traces of money was used to rent. The driver stared at her and asked herself, "Have you ever seen a beautiful woman without clothes?" The driver said I was just curious, where did you pay later?"

Lin Qingya is also very worried.

Li Mu kept asking her to push forward, not to worry about money, there must be a road before the car arrives at the mountain, the premise is to drive the car to the foot of the mountain first, but the car is about to reach the foot of the mountain, and she hasn't seen the specific road yet, so she is really afraid that this will make her waist in the end.

However, Li Mu did not have this concern.

Li Mu said to Lin Qingya and Ding Jian: "Don't worry about money. My brain power has already figured out a certain operating mode."

"What mode?" Both of them were surprised.

If you don’t raise funds or borrow money, where can you do $2.5 billion?

If Muye Technology wants to borrow from a bank, the bank will definitely not accept pledge of net assets. They will definitely require pledge of equity and will suppress the valuation of equity very low. This means that if you want to borrow $2.5 billion in equity pledge, Muye Technology is likely to pledge more than 5 points of shares.

Speaking of which, pledge is not a big problem. After listing, it is just redeemed. But Wall Street is not a flock of sheep, it is all a wolf. If Muye Technology's shares are really pledged into the hands of these people, they don't know what kind of monsters will be created for the sake of profit. Such examples are common in the capital market of the US imperialism.

Domestic pledges? Domestic banks will definitely sell Li Mu for a favor, but the 2.5 billion US dollars cannot be equivalent to RMB, it must be real foreign exchange. Otherwise, it would be strange if they were willing to give Apple shareholders RMB to buy their shares.

Ding Jian and Lin Qingya didn't know what way Li Mu could get 2.5 billion US dollars in foreign exchange, but Li Mu was confident and called Chen Ze in front of the two.

In Li Mu's opinion, Chen Ze is not only a good friend, but also one of the shareholders of Muye Technology. After making so much money by taking a taxi, he naturally cannot afford to do his job when it is time to do his job.

When the phone was answered, Chen Ze first asked Li Mu how he was in the United States. Li Mu greeted him for a moment, and then said to him: "Old Chen, I have a thought in my mind. I'm not sure if it works. Tell me, please help me with your advice."

Chen Ze smiled and said, "There are some things you can't understand clearly? Come and listen to me."

Li Mu said: "That's right. I want to start a private equity fund in the CSC club first. In the short term, for about half a year, the annualized return will not be less than 8%.

"Not less than 8%? It's high enough." Chen Ze smacked his lips, felt a little bad, and asked him: "How much do you want to get such a high rate of return..."

Li Mu laughed and said, "You still understand me."

After a pause, Li Mu said, "There is not much money, only more than 20 billion."

"My day..." Chen Ze blurted out: "More than 20 billion yuan, such a private equity is too large, and it is difficult to use normal procedures in the short term. The country is afraid that it will not approve it."

Li Mu said: "Don't worry about this, you can make an assessment first and start the entire CSC. Can you raise about 20 billion yuan in cash?"

Chen Ze said without hesitation: "In terms of the amount, the national membership of the CSC club has exceeded 1,000. I can tell you this way, most of the children of the richest people in China are in our club. I have a rough count before. The total amount of wealth represented by the entire club members is already hundreds of billions. If you use hundreds of billions as leverage, the amount of funds they can leverage will be even larger. If you give them 8% annualized income, they don't have to get money by themselves. Just use their relationship to easily get funds with an annualized interest rate of less than 5%. Take this money and lend it to you and earn half of the interest, and easily get money with money. So let alone 200 billion, if national policies allow it, 200 billion is not a problem."

"Okay, this is also the reason why I give 8% annualized income. As long as I can guarantee that enough funds can be raised," Li Mu said: "I'll ask you another question. If I use these more than 20 billion yuan, go to the central bank to help exchange 2.5 billion US dollars of foreign exchange and get it to the US market for capital operations, do you think it's reliable?"

Chen Ze was stunned for a long time and asked Li Mu: "Brother, you haven't woken up... exchange for US$2.5 billion in foreign exchange? Do you know what such a large amount of foreign exchange means? The central bank released so much foreign exchange, if it doesn't come back, the country's losses will be too great. No one dares to take such a risk unless you are a central enterprise and have endorsements from institutions above the ministries and commissions."

Speaking of this, Chen Ze remembered something and added: "By the way, the fact that you raised more than 20 billion cash is almost impossible to succeed. Even if you succeed, you will leave a handle. If someone wants to cause trouble in the future, it will be easy to make a big fuss, let alone get more than 20 billion cash and go to the central bank to exchange for US$2.5 billion of foreign exchange..."

Li Mu smiled and said, "Isn't I going to acquire the American Apple company? I don't have enough money."

As he said that, Li Mu said again: "Then I will ask you again, what if I promise to return the 2.5 billion US dollars with capital and interest after Muye Technology's success, and invest an additional 2.5 billion US dollars in China? US dollar capital in China will first be converted into RMB from the central bank."

Chen Ze was stunned and said, "What you mean is to borrow $2.5 billion from the central bank first. When Muye Technology is listed in the United States, you will return the $2.5 billion and then add $2.5 billion to the central bank..."

"Yes, and it's guaranteed at $2.5 billion, which is very likely to be more." Li Mu said: "After Makino Technology's successful iPo, all the money we raised from the US stock market was US dollars. Isn't it foreign exchange?"

Chen Ze sighed for a while: "If you had said this earlier, I wouldn't have talked about the legality of private equity with you just now. If you just ask the central bank for this matter, the central bank will definitely be willing to help, and the approval process needs to be followed. I believe that with the strength of Muye Technology and your personal style of conduct, there will definitely be no problem. Even if you don't look at these, you will also help with US$2.5 billion in foreign exchange, so that you can even save the 8% annual interest rate of private equity."

Li Mu said: "That's not OK. I just borrowed US dollars from the central bank. This is a blatant breach of the national foreign exchange management regulations. Even if the central bank opens a backdoor for me and leaves a handle for others, there will be hidden dangers. It's better to save the country in a curve. The annualized interest rate of 8% is simply negligible compared to the cost of getting money from capital."

Speaking of this, Li Mu said: "The most important thing is that the members in the CSC club have relatively strong family backgrounds. If this private equity is taken out by one or two hundred or even five or six hundred rich people from all over the country, the interest groups behind this will be quite large. Even if a person who is interested wants to do something, he must weigh the energy behind it. I will spend 8% of the interest and bring a group of people to bear it with me."

"I understand." Chen Ze said: "I'll go to make peace tomorrow. If the central bank nods and I'll start operating in China, I think it's almost impossible to get along with your promise of 2.5 billion US dollars." "That's good." Li Mu breathed a sigh of relief and said: "If it's OK, move forward as soon as possible and try to get the money in place this month, so as not to have too many dreams."
Chapter completed!