Specifically, it wasn't Barron who solved Woaw's funding problems, but IC Capital, managed by Ivanta...
After IC Capital sold DoubleClick and YouTube to Woaw, it held over 800 million Woaw shares, representing nearly 17% of Woaw's total share capital...
As Woaw's stock price continued to climb, from $7 per share to $7.50 per share, and finally, at its peak, exceeding $8 per share...
Woaw's market capitalization approached $40 billion!
During this period, IC Capital began reducing its Woaw holdings, citing additional investments in Android and related acquisitions. Their holdings decreased from 812 million shares to approximately 600 million shares, a reduction of over 200 million shares.
In return, because Woaw's stock price was initially rising, IC Capital received nearly $1.5 billion in cash.
This time, Woaw Technology will issue 250 million new shares to IC Capital at $6 per share, securing $1.5 billion in funding from IC Capital.
Woaw Technology's stock price has fallen below $6, down over 25% from its peak last year!
This private placement increases Woaw's total share capital to 5.05 billion shares, with IC Capital holding approximately 850 million shares, representing 16.83% of the company's total capital.
This private placement is intended to raise funds to help Woaw navigate this challenging period. The reason IC Capital is the target of the offering is that none of Woaw's other investors are interested in participating under the same circumstances.
After all, the impact of the subprime mortgage crisis is far from over, and the overall economic situation is bleak. Woaw investors like Sequoia Capital, Blackstone, and Goldman Sachs even sold some Woaw shares in the second quarter of this year to recoup their capital.
Therefore, IC Capital was the only one to actively participate in Woaw's share offering.
As for why Barron chose IC Capital to finance Woaw's share offering instead of DS Group...
it's because North America is already one of Woaw's most important markets, and DS Holdings already holds a significant stake in Woaw. As an American capital, IC Capital, acquiring Woaw's share offering and thereby increasing its stake in this emerging internet giant, is the easiest option for the US.
He doesn't want Woaw to face trouble due to DS Capital's large stake in the company at some point in the future, when conservative sentiment prevails in the US. Even though the UK is also a member of the Five Eyes Alliance, the US is not immune to its allies.
...
"By the way, how's Twitter doing?"
Barron asked casually after leaving Woaw and returning to their home in Mountain View.
"Oh, I was going to tell you, but I forgot..."
Ivanta said with a smile on his face.
"At my suggestion, Twitter also launched a mobile app in the first half of this year. It's been performing very well since its launch. To accelerate their development, they just raised their Series B funding last month..."
Twitter can be said to be a very important media platform in the future. For example, in Barron's previous life, Musk, then the "richest man" at the time, spent a whopping $44 billion to acquire the platform and renamed it X...
In the original time and space, before Musk's acquisition, Twitter was controlled by the Democratic Party. For example, when Jianguo was running against Mei Xizong, while Jianguo was still in office, Twitter executives were already following the Democratic Party's orders, pushing news favorable to Mei Xizong to users...
Jianguo even banned his account while he was still President...
The politics behind America's so-called "beacon" are particularly dark.
This is why Musk directly stated after acquiring Twitter that he "would never commit suicide," to avoid the possibility that he would one day anger certain forces and be shot eight times in the back, or six times in the head, ultimately being ruled a suicide. But now, the situation is different...
Just last month, IC Capital invested an additional $10 million in Twitter, increasing its stake from 25% to 35%, making it the company's largest shareholder.
With continued investment planned, if Twitter continues to thrive, Ivanta will likely have a significant influence on its direction. Mountain View, after all, has excellent public safety.
After all, it's located in Silicon Valley, home to a cluster of tech companies and a plethora of newly wealthy individuals, who naturally prioritize their safety.
The villa where Barron and Ivanta live is located in one of Mountain View's most exclusive neighborhoods—the police force here, it's no exaggeration, accounts for more than a third of the entire city.
After all, according to the logic of business society, those who pay the most taxes deserve the same level of police protection. It makes sense, doesn't it?
While their villa isn't particularly large compared to Barron's other estates, it boasts a vast garden.
The garden wall was covered in security cameras, and over a dozen bodyguards were stationed on one side of the residence, providing constant security while Barron was staying.
In the villa's living room, the glow of the fireplace illuminated the room, making it feel like spring.
The chill that had begun to creep over Silicon Valley in November was completely negated.
Ivanta, wearing only a silky, halter-strap miniskirt, perfectly showcased her curves, especially her slender legs, which were a work of art.
After all, Ivanta was over 180cm tall and a former model—a height that was quite high for a model, but not something anyone could achieve.
The firelight from Ivanta's side reflected on the wall, revealing the silhouette of her long, braided hair rising and falling in a rhythmic rhythm.
"Baby, you're amazing..."
Hearing Barron's heartfelt praise, Ivanta looked up, her eyes filled with tenderness and... spring. Hearing Barron's increasingly rapid breathing, she felt a surge of satisfaction.
When Ivanta stood up and sat on Barron's lap, the young and handsome duke looked at her with a half-smile:
"Ma'am, you are very proactive today, just like a knight..."
"Really? Then let's see if I can control this wild horse..."
Looking down at Barron, Ivanta frowned slightly as their eyes were attracted. Then she bit her lip, and gradually, her expression relaxed...
"Oh~My God..."
"I prefer you to call me Dad...Baby."