Reborn Russia As An Oligarch

Wang Ye naturally had plans for Yandex's arrangements.

So when faced with Voloz's problem, he said calmly: "After the company is privatized, I will invest a lot of money to continue to expand the company's scale."

Upon hearing Wang Ye's words, Voloz's eyes lit up, and he quickly asked: "Does that mean all employees can be retained? In fact, among the employees who were dismissed some time ago, there are also some very talented ones, but the company can't bear it I couldn’t afford the salary pressure, so I reluctantly fired them.”

Wang Ye smiled and said: "If you think you have useful employees, you can get them back. By the way, our next acquisition target is MAIL.RU. After the acquisition, we will merge the two companies into one. Our company is the undisputed number one in the Russian Internet industry!"

This time, Voloz became even more interested.

He slapped the conference table and said excitedly: "Yes! If our two companies can really be merged, then there really will be no company in Russia that can challenge us."

Obviously, these two companies are originally one of the top giants, and they are also the only two companies listed on Nasdaq among Russian Internet companies.

They were merged together to cover the two core Internet businesses from portal to search. How can other companies play with it?

It is no exaggeration to say that after the merger, an Internet oligopoly company was born...

Wang Ye continued: "And you will become the technical director of the merged company! And there will be certain share incentives. All employees of the company will also have corresponding share incentives. In the future, when the Internet industry picks up, we will be listed again. .”

This is Wang Ye's plan after acquiring the two companies.

The reason for privatization and delisting is because the current stock market has lost its financing and blood-generating functions for the Internet. So we might as well take advantage of the plummeting stock price to take back all the shares.

Then use your own money to develop the company and make the new company a giant in the Russian Internet field!

A few years later, the Internet industry will pick up. If it is listed again, it will not be a matter of millions of dollars in market value. It may even be worth billions!

In addition, with its strong capital, it can avoid the dilution of its shares as much as possible. When it is listed again, Polar Bear Investment Company will be able to earn the maximum benefit!

………………

The negotiation process went very smoothly, and Voloz agreed to Wang Ye's acquisition request with almost no "resistance."

He has no choice. If he can't find a sponsor again, the company will really have to sell the property to pay wages...

The current market value of Yandex is only US$4 million. Wang Ye plans to privatize it at a premium of 1.5 times, which is US$6 million, and employees of Polar Bear Investment Company will assist Yandex in initiating the delisting process.

Because it is listed on Nasdaq, the delisting process is also very simple, especially during this time period.

There are a lot of Internet companies that are delisted or even bankrupt every day, and no one cares about a Russian company at all.

In addition, the premium given by Wang Ye is quite high, so there will be no obstacles.

After full privatization, 100% of Yandex's shares will be owned by Polar Bear Investment Company.

However, Wang Ye is not stingy and plans to use 15% of his shares to establish an equity incentive pool for company executives and employees!

Executives and key employees who perform well will receive equal equity incentives, which can be cashed out when the company goes public next time.

As for whether a large number of millionaires, tens of millions or even billionaires will be born by then, it depends on the results of everyone's efforts.

In addition, all existing management and employees of Yandex will be retained, and even employees who were laid off earlier will be recalled again.

Once the privatization process is completed, Polar Bear Company will inject another US$50 million into Yandex to develop and expand the company!

After both parties signed the contract, the matter was basically finalized.

There is still a lot of work to be done in the follow-up, but that is not something Wang Ye needs to worry about. The company supports so many employees with high salaries, isn't that what it does.

………………

Watching the convoy leave, Wroz turned around with a smile on his face, opened his arms to several other executives, and shouted: "We are saved!"

"Ula!"

"Ula~"

Cheers suddenly sounded, everyone hugged each other excitedly, and tears filled their eyes...

This feeling is even more exciting than when it was first launched!

Don't think it's too exaggerated. To be honest, without Wang Ye's acquisition, how long would Yandex have been able to last?

Whether it will be three months or half a year, no one knows...

Now the company has not only been saved, but no one has to take a salary cut.

According to Mr. Mikhail, not only will the company not cut wages, but it will also increase them appropriately!

Coupled with equity incentives, everyone’s future is bright!

This is simply a timely help, and it is no exaggeration to say that it has saved everyone’s life!

…………

After easily taking over the Yandex company, the next step is to take down MAIL.RU.

The very next day, Wang Ye and his team came to the MAIL.RU company.

But in this company, Wang Ye met a real "rival"!

"Mr. Mikhail, I'm sorry, our company can still last for a while, so we don't want to delist, let alone be fully acquired. Our board of directors has discussed that we will only accept the option of expansion financing, and we are very strict about the company's Valuation must be objective. Well, let’s take the market value of the company when it first went public, which was US$300 million. We can issue up to 20% of the additional shares and the minimum is 10%.”

Milner, the current helmsman of MAIL.RU, looked at Wang Ye with bright eyes and said.

Wang Ye frowned. The bald man in front of him was quite difficult to deal with. He refused without even listening to his offer.

What's more, they don't have enough money and salt, and they come up with a plan to expand shares and raise funds instead of focusing on customers, and the company's valuation is extremely outrageous!

Does this mean that when you see that you have money, you start talking like a lion?

He was not afraid of having too much appetite, so he held on!

Since the other party was "shameless", Wang Ye was no longer polite.

He smiled faintly and said, "Mr. Milner, are you still living in the year 2000? Don't you know anything about the current situation of the global Internet industry?"

Milner did not show any weakness and immediately retorted: "The Internet industry is indeed in a slump, but I firmly believe that it will not take long for this industry to pick up and be more brilliant than last year! To be honest, I think the valuation of our company is three Yidu is too low! Because we have the largest Russian portal, the most users, and the highest advertising revenue!"

If these words were said last year, there would be nothing wrong with them at all.

Because MAIL.RU is indeed the Russian Internet company ranking first in overall strength.