Chapter 146： goodbye horse boss
The news that Boss Ma got from Yang Zhiyuan and the news that Cai Chongxin inquired about was not very different, so he basically believed that Chen William had the strength to buy Ali shares from Yahoo, but the shock in his heart was still great. Yes, you must know that Chen William is only in his early twenties and already has such assets.
And it is conceivable that he can spend so much money without hesitation to buy Ali's shares, so what thoughts do he have about his company? This is a big variable.
Under such circumstances, William Chen and Boss Ma met again.
"We met again, Mr. Ma." William Chen said to him with a smile after shaking hands with Boss Ma.
And Boss Ma's performance is also a little more enthusiastic than before, with a kind face:
"Mr. William, last time we said goodbye, I didn't expect you to give me such a big shock when we met today."
"It shouldn't be said to be a shock, it should be a surprise, because I believe that if I buy the Alibaba shares in Yahoo's hands, our cooperation will be closer, and it will be a good thing for Mr. Ma."
Seeing William Chen's determined expression, it seems that he is almost certain to take Ali's shares from Yahoo. Boss Ma doesn't know whether he is pretending to be like this, or whether he is really so sure, and asked with some doubts. :
"I don't know what Mr. William said. I'm all ears."
"I have studied the e-commerce market in Huaguo, and I have been very optimistic about Ali a long time ago, but unfortunately I have missed the best opportunity to invest. When I invest, the most important thing is the ability of the founder, so I am optimistic about Ali's investment. The main reason is that I have great confidence in you, Boss Ma, and believe that Ali can develop further under your leadership and only under your leadership."
In any case, Boss Ma is still very useful to Chen William's words, and he has heard similar words from Sun Zhengyi of Softbank.
"So if we can become Alipay's shareholders, we will be very different from Yahoo. They don't know the situation in Huaguo. It can be seen from this Alipay split. Of course, this approach is also easy to make Investors are worried, and I believe you have heard similar doubts from Mr. Sun Zhengyi."
Seeing that Boss Ma's face changed slightly, Chen William continued with a smile and said:
"But I am different. I believe that you are a promising entrepreneur, Boss Ma. Therefore, in the case of Alipay, I will support you to localize this project. In return, I believe that before this project is listed in the future, our shareholders will will be compensated accordingly.”
In fact, this is exactly the case. You said that Boss Ma did not behave properly in the matter of Alipay. He did have his own considerations, and finally took out nearly 40% of the shares before Ant Financial went public. Compensating old shareholders, including SoftBank and Yahoo, is not bad, because the project has gone through multiple financings since then.
Therefore, at this time, William Chen might as well express his support for Boss Ma on this matter.
Sure enough, after hearing what he said, Boss Ma's face became much better, but he still had some concerns. After all, unlike Yahoo, although the two of them are now in conflict, Boss Ma still has the confidence to convince the other party. Before, he and Yang Zhiyuan The relationship is still good, at least, they have cooperated with each other for many years.
As for Chen William, one is that he has never had much contact with him. He does not understand his style of doing things, and he is too young to know whether he has the characterization of persevering in difficult situations. These will affect the cooperation between the two parties in the future. Therefore, If Boss Ma was given the choice at this time, he would definitely be more willing to cooperate with Yahoo.
However, what William Chen said next reassured him a lot:
"I know that when Yahoo invested in Ali, it gave you part of the voting rights to ensure your control over Ali. I just said that I want to invest in Ali because I am optimistic about your leadership, so I always believe that you are the soul of this company."
"So if I get Yahoo's shares, I can guarantee that as long as you are in Alibaba, the voting rights corresponding to the shares I hold will always stand with you in the company's operation for this year, and for all matters related to you. I will not use a veto on any proposal, but will only retain a positive vote and abstention, which can be written into our agreement.”
This means that if Chen William buys Yahoo's Alibaba shares, he will hold 40% of the voting rights and will never threaten Boss Ma. At most, he will only abstain from voting on the issues raised by him. In this way, Boss Ma can easily control the operation of the company.
With Chen William's guarantee, even in the face of a conflict with SoftBank's opinions, Boss Ma is still confident that he can control the company, so he is very satisfied with his guarantee.
Now, he finally believes what William Chen said before. It is indeed a good thing for him to buy this part of the shares. There is always a knife hanging in his heart, and that is the part of the vote granted to him by Yahoo! Quan, the deadline is 10 years. As time approaches, he feels more and more dangerous about it, and he has been trying to figure out how to solve this problem.
The best way before is to form a buyout group with companies that support him in the country to buy back Yahoo's stock. But those stocks are now so overvalued that it's not easy to get that much support. In his previous life, it was also near 2015 that he finally raised $7.6 billion and repurchased half of the Alibaba shares held by Yahoo, eliminating this hidden danger.
Now William Chen's statement is equivalent to letting him remove the hidden danger in advance, and he immediately feels relieved.
With these conversations, Boss Ma immediately expressed his welcome to William Chen's joining the board of directors of Ali, and hoped that his acquisition would go smoothly, and he could get this attitude of Boss Ma, which is the purpose of William Chen's visit.
Later, William Chen also said that if he becomes a shareholder of Ali, then under the current economic situation, if Ali has capital needs, he can also contact other venture capital institutions to finance Ali, such as Goldman Sachs, who is now working well with him. .
For Chen William himself, if he can successfully acquire Ali shares from Yahoo, then holding 40% of Ali shares is enough. After all this time. Purely just want to increase the influence on the Huaguo e-commerce field, and make a profit by the way.
If his shares continue to increase, then I am afraid that Boss Ma will have more suspicions about him, and it will affect Ali's future development in China, but it will not be beautiful.
But speaking of Goldman Sachs, it was actually a major shareholder of Ali in the early days. Goldman Sachs' investment in Ali is similar to Li Jiacheng's second son Li Chekai's investment in Penguin At that time, Cai Chongxin joined Ali and found a solution for Boss Ma. The first investor of Goldman Sachs was Ms. Lin Xiaru, who worked at Goldman Sachs. She invested in Ali for Goldman Sachs in the early days and obtained 33% of the shares, which was still in 1999.
At the beginning of 2004, Ali’s Taobao faced eBay, which occupied more than 90% of the domestic market share at the time. At that time, Ms. Lin Xiaru also left Goldman Sachs. Therefore, Goldman Sachs sold the investment, which had risen 7 times, for $22 million, and these shares , 15 years later, worth more than $120 billion.
Therefore, Goldman Sachs' investment in Ali is destined to be the same as Li Chekai's investment in Penguin. It will be mentioned countless times later, and it will become a negative example of their investment.
The next day, accompanied by Boss Ma, William Chen visited the Ali company at this time, but rejected Boss Ma's proposal to organize a gathering with entrepreneurs in Hangzhou for him.
Because his acquisition of Ali shares has not yet come to an end, he still prefers to keep a low profile.
So, after leaving Hangzhou, William Chen flew to Yanjing again. When he was about to take a break in the first class of the plane, a clear female voice suddenly said to him:
"Are you Mr. William?"
American Road to Fame https://
And it is conceivable that he can spend so much money without hesitation to buy Ali's shares, so what thoughts do he have about his company? This is a big variable.
Under such circumstances, William Chen and Boss Ma met again.
"We met again, Mr. Ma." William Chen said to him with a smile after shaking hands with Boss Ma.
And Boss Ma's performance is also a little more enthusiastic than before, with a kind face:
"Mr. William, last time we said goodbye, I didn't expect you to give me such a big shock when we met today."
"It shouldn't be said to be a shock, it should be a surprise, because I believe that if I buy the Alibaba shares in Yahoo's hands, our cooperation will be closer, and it will be a good thing for Mr. Ma."
Seeing William Chen's determined expression, it seems that he is almost certain to take Ali's shares from Yahoo. Boss Ma doesn't know whether he is pretending to be like this, or whether he is really so sure, and asked with some doubts. :
"I don't know what Mr. William said. I'm all ears."
"I have studied the e-commerce market in Huaguo, and I have been very optimistic about Ali a long time ago, but unfortunately I have missed the best opportunity to invest. When I invest, the most important thing is the ability of the founder, so I am optimistic about Ali's investment. The main reason is that I have great confidence in you, Boss Ma, and believe that Ali can develop further under your leadership and only under your leadership."
In any case, Boss Ma is still very useful to Chen William's words, and he has heard similar words from Sun Zhengyi of Softbank.
"So if we can become Alipay's shareholders, we will be very different from Yahoo. They don't know the situation in Huaguo. It can be seen from this Alipay split. Of course, this approach is also easy to make Investors are worried, and I believe you have heard similar doubts from Mr. Sun Zhengyi."
Seeing that Boss Ma's face changed slightly, Chen William continued with a smile and said:
"But I am different. I believe that you are a promising entrepreneur, Boss Ma. Therefore, in the case of Alipay, I will support you to localize this project. In return, I believe that before this project is listed in the future, our shareholders will will be compensated accordingly.”
In fact, this is exactly the case. You said that Boss Ma did not behave properly in the matter of Alipay. He did have his own considerations, and finally took out nearly 40% of the shares before Ant Financial went public. Compensating old shareholders, including SoftBank and Yahoo, is not bad, because the project has gone through multiple financings since then.
Therefore, at this time, William Chen might as well express his support for Boss Ma on this matter.
Sure enough, after hearing what he said, Boss Ma's face became much better, but he still had some concerns. After all, unlike Yahoo, although the two of them are now in conflict, Boss Ma still has the confidence to convince the other party. Before, he and Yang Zhiyuan The relationship is still good, at least, they have cooperated with each other for many years.
As for Chen William, one is that he has never had much contact with him. He does not understand his style of doing things, and he is too young to know whether he has the characterization of persevering in difficult situations. These will affect the cooperation between the two parties in the future. Therefore, If Boss Ma was given the choice at this time, he would definitely be more willing to cooperate with Yahoo.
However, what William Chen said next reassured him a lot:
"I know that when Yahoo invested in Ali, it gave you part of the voting rights to ensure your control over Ali. I just said that I want to invest in Ali because I am optimistic about your leadership, so I always believe that you are the soul of this company."
"So if I get Yahoo's shares, I can guarantee that as long as you are in Alibaba, the voting rights corresponding to the shares I hold will always stand with you in the company's operation for this year, and for all matters related to you. I will not use a veto on any proposal, but will only retain a positive vote and abstention, which can be written into our agreement.”
This means that if Chen William buys Yahoo's Alibaba shares, he will hold 40% of the voting rights and will never threaten Boss Ma. At most, he will only abstain from voting on the issues raised by him. In this way, Boss Ma can easily control the operation of the company.
With Chen William's guarantee, even in the face of a conflict with SoftBank's opinions, Boss Ma is still confident that he can control the company, so he is very satisfied with his guarantee.
Now, he finally believes what William Chen said before. It is indeed a good thing for him to buy this part of the shares. There is always a knife hanging in his heart, and that is the part of the vote granted to him by Yahoo! Quan, the deadline is 10 years. As time approaches, he feels more and more dangerous about it, and he has been trying to figure out how to solve this problem.
The best way before is to form a buyout group with companies that support him in the country to buy back Yahoo's stock. But those stocks are now so overvalued that it's not easy to get that much support. In his previous life, it was also near 2015 that he finally raised $7.6 billion and repurchased half of the Alibaba shares held by Yahoo, eliminating this hidden danger.
Now William Chen's statement is equivalent to letting him remove the hidden danger in advance, and he immediately feels relieved.
With these conversations, Boss Ma immediately expressed his welcome to William Chen's joining the board of directors of Ali, and hoped that his acquisition would go smoothly, and he could get this attitude of Boss Ma, which is the purpose of William Chen's visit.
Later, William Chen also said that if he becomes a shareholder of Ali, then under the current economic situation, if Ali has capital needs, he can also contact other venture capital institutions to finance Ali, such as Goldman Sachs, who is now working well with him. .
For Chen William himself, if he can successfully acquire Ali shares from Yahoo, then holding 40% of Ali shares is enough. After all this time. Purely just want to increase the influence on the Huaguo e-commerce field, and make a profit by the way.
If his shares continue to increase, then I am afraid that Boss Ma will have more suspicions about him, and it will affect Ali's future development in China, but it will not be beautiful.
But speaking of Goldman Sachs, it was actually a major shareholder of Ali in the early days. Goldman Sachs' investment in Ali is similar to Li Jiacheng's second son Li Chekai's investment in Penguin At that time, Cai Chongxin joined Ali and found a solution for Boss Ma. The first investor of Goldman Sachs was Ms. Lin Xiaru, who worked at Goldman Sachs. She invested in Ali for Goldman Sachs in the early days and obtained 33% of the shares, which was still in 1999.
At the beginning of 2004, Ali’s Taobao faced eBay, which occupied more than 90% of the domestic market share at the time. At that time, Ms. Lin Xiaru also left Goldman Sachs. Therefore, Goldman Sachs sold the investment, which had risen 7 times, for $22 million, and these shares , 15 years later, worth more than $120 billion.
Therefore, Goldman Sachs' investment in Ali is destined to be the same as Li Chekai's investment in Penguin. It will be mentioned countless times later, and it will become a negative example of their investment.
The next day, accompanied by Boss Ma, William Chen visited the Ali company at this time, but rejected Boss Ma's proposal to organize a gathering with entrepreneurs in Hangzhou for him.
Because his acquisition of Ali shares has not yet come to an end, he still prefers to keep a low profile.
So, after leaving Hangzhou, William Chen flew to Yanjing again. When he was about to take a break in the first class of the plane, a clear female voice suddenly said to him:
"Are you Mr. William?"
American Road to Fame https://
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