Chapter 235： Invest in Jingdong
The William landed at the Modu Airport, and Yang Mi went to start his own business with great interest. He was going to go to the headhunting company found by Chen William to recruit personnel first.
Chen William came to Yan's Garden by car. After finishing his trip to Europe, he came to see Ivanta who had just returned to China.
Just this month, Ivanta went back to the United States, but William Chen had already gone to Europe at that time, so he didn't see her. Now he also came to China on purpose to see her.
Now Troop-Chen Business Management Company has moved to the Oriental Building, and Ivanta has completed the company's layout in the free postal area. Troup Hotel brought to the local.
"Dear, you don't have to stay on Huaguo's side all the time, we will be separated for too long."
After the two met, they naturally solved the pain of lovesickness first. They hadn't learned knowledge together for so long, but Ivanta's combat effectiveness seemed to have declined. It seemed that it was her fault for not progressing with her.
After calming down, William Chen hugged her and talked.
"There are too many things in the early stage, and the team here also needs to run in. I have found a local general manager candidate in Huaguo, and I will gradually let him take over the affairs here. I can also take a break and prepare for the next. Go to Yanjing for development.”
After this period of time, Ivanta also understood that many of the rules in China are still somewhat different from those in the United States. She needs time to adapt herself, so she also decides to use more local managers. The team brought in mainly plays a role in regulating and supervising.
Chen William came to Huaguo this time, not just to see Ivanta, but also to sort out Huaguo's business. The next day, after Li Ying came to the magic capital, William Chen listened to her work during this period of time, and according to the instructions Chen William had given her before, asked her to pay attention to Wang Xing, the founder of Fanfu APP, who was suspended. She learned that the other party With a new entrepreneurial project called Meituan.com, I took the initiative to put forward an investment, and got 15% of the shares with 1 million US dollars.
At present, Huaxia Future Capital has invested in projects such as Xiaomi, Dianping, Youku and Meituan. Currently, together with Alibaba, they are preparing to invest in Zhalang Weibo. In the first round of financing, the two parties are preparing to take 30% of the investment. Shares, including 20% of Ali and 10% of Huaxia Future Capital, are now mainly negotiating with the other party on valuation.
"Under the recent economic crisis, many venture capitalists have tightened their purse strings, so I found a lot of companies that I hope to finance." After Li Ying reported his recent work, he said to William Chen, "There is one of them, and I still have one. It is very obvious, but there is some conflict with the company you invested in before, and the other party needs more funds."
Her words made Chen William a little interested: "What company?"
"It's Jingdong, they want to get at least 100 million US dollars of investment, but in the e-commerce industry you have already spent 4 billion to buy Ali stock, so..."
"You rejected the other party?"
"No, I just said I hope to think about it. Even if you don't come to Modu this time, I'm going to call and tell you about it."
"You're going to persuade me to agree."
Seeing that Li Ying heard his words and nodded with a smile, William Chen said, "What is the valuation they hope?"
"800 million US dollars, originally they hoped to get 200 million financing, so they found a lot of investment institutions, but you know, the market is not good now, and Jingdong has been losing money these years, many people have no idea, They built their own logistics, which is an asset-heavy model. Now Alibaba's performance is so good, many people don't agree with their development model, thinking that they will not be able to persist and collapse in the end."
"Our Zoom in the United States is an asset-heavy model. I know that the investment is very high, but once it succeeds, it will have a very large cost advantage. You contact them, I agree to raise funds, and give him a valuation of 1 billion, but on the condition that I To invest $300 million and get a 30% stake.”
"Ah? Could it be too much, our fund doesn't have that much money now."
"Just listen to me. I will inject another 500 million US dollars into Huaxia Future Capital. You can list the companies that you have recently raised for financing to me, and I will see if there is any suitable investment."
...
Soon, Jingdong replied to Li Ying that they did not want to release so many shares, because if Chen William gets 30% of the shares, then he will not become the largest shareholder of Jingdong, and he is also the largest shareholder of Jingdong. Ali is a major shareholder of the company, so Dadongzi is very concerned about this matter.
However, Huaxia Future Capital is also an investment institution with the best conditions, so Jingdong didn't want to just give up, so Dadongzi told Li Ying that he hoped to come to the capital to see William Chen in person, and invest if he wanted to. things to communicate.
After Li Ying asked Chen William for instructions, he agreed to the other party's request. So, William Chen met Da Dongzi at the Yan Family Garden's home.
At this time, Da Dongzi didn't know Sister Milk Tea. After meeting William Chen, he directly expressed his hope to get 200 million US dollars in financing, and he could give him 25% of the shares according to the valuation of 800 million, but if it was 30% of the shares, then it is very dangerous for Jingdong, which will lead to an imbalance in shareholders' shareholding.
"I understand your difficulties, Mr. Liu, but what I want to make clear is that although I am a major shareholder of Ali, I have never interfered in any Ali's business, and the same will be true for Jingdong. My investment is purely It will be a financial investment. You may not know, I also invested in an e-commerce company in the United States called Zoom, which is similar to Jingdong's asset-heavy model, so I am very optimistic about Jingdong's model. Although logistics requires a lot of money, it is also very beneficial in terms of stability and customer experience.”
"And I don't think that if I get 30% of the shares, it will affect your control of Jingdong. I suggest that you implement the AB share model in Jingdong. This model is widely used in American technology companies, which can make founders People who own a minority of shares can control the company, so after I become a shareholder of Jingdong, I will support you to convert all the shares you hold into Class B shares, and the investor's shares become Class A shares, and Class B shares own Class A shares have 10 times the voting power, so you can ensure that you have control of the company.”
Chen William's suggestion made Da Dongzi very excited. If this is the case, assuming that Class B shares have 10 times the voting rights of Class A shares, even if the shares he holds are diluted to less than 10%, they can still hold firm. He firmly holds the control of Jingdong, and in this way, with the support of Chen William, then his investment in shares will be a good thing for him.
After all, the other party is the fourth richest man in the world. Once he joins, it will not be a problem for Jingdong's future financing.
However, although the two sides have reached an agreement at present, Dadongzi still needs to go back and communicate with other investors about the AB stock issue. He promised that he will give him the final answer soon.
When the matter is here, the rest of the matter can be left to Li Ying.
The main areas of investment in Huaguo are similar to those of William Chen in the United States. Therefore, in addition to this, William Chen asked Li Ying to focus on contacting film and television companies in Huaguo to find potential investments, such as Enlight Media, This film and television company, which currently focuses on TV series, has a very good future development.
After Ivanta finished dealing with the affairs on the Magic Capital side, William Chen took her to Yanjing on the Gulfstream G550.
The decoration of the courtyard that William Chen bought before has been completed. This time, two people went over to see the final effect. As for the courtyard house, Ivanta still remembers the residence of Deng Wendi where she lived when she first came to Yanjing. She also liked the decoration at that time, so after knowing that Chen William's courtyard house was completed, she couldn't wait to take a look How's the effect.
It has been more than half a year since I bought this courtyard house last year. This is also the second time Ivanta came to Yanjing after half a year.
This time with Chen William, there is also an old acquaintance who has just arrived in the magic capital to join him, that is Ali's boss Ma.
American Road to Fame https://
Chen William came to Yan's Garden by car. After finishing his trip to Europe, he came to see Ivanta who had just returned to China.
Just this month, Ivanta went back to the United States, but William Chen had already gone to Europe at that time, so he didn't see her. Now he also came to China on purpose to see her.
Now Troop-Chen Business Management Company has moved to the Oriental Building, and Ivanta has completed the company's layout in the free postal area. Troup Hotel brought to the local.
"Dear, you don't have to stay on Huaguo's side all the time, we will be separated for too long."
After the two met, they naturally solved the pain of lovesickness first. They hadn't learned knowledge together for so long, but Ivanta's combat effectiveness seemed to have declined. It seemed that it was her fault for not progressing with her.
After calming down, William Chen hugged her and talked.
"There are too many things in the early stage, and the team here also needs to run in. I have found a local general manager candidate in Huaguo, and I will gradually let him take over the affairs here. I can also take a break and prepare for the next. Go to Yanjing for development.”
After this period of time, Ivanta also understood that many of the rules in China are still somewhat different from those in the United States. She needs time to adapt herself, so she also decides to use more local managers. The team brought in mainly plays a role in regulating and supervising.
Chen William came to Huaguo this time, not just to see Ivanta, but also to sort out Huaguo's business. The next day, after Li Ying came to the magic capital, William Chen listened to her work during this period of time, and according to the instructions Chen William had given her before, asked her to pay attention to Wang Xing, the founder of Fanfu APP, who was suspended. She learned that the other party With a new entrepreneurial project called Meituan.com, I took the initiative to put forward an investment, and got 15% of the shares with 1 million US dollars.
At present, Huaxia Future Capital has invested in projects such as Xiaomi, Dianping, Youku and Meituan. Currently, together with Alibaba, they are preparing to invest in Zhalang Weibo. In the first round of financing, the two parties are preparing to take 30% of the investment. Shares, including 20% of Ali and 10% of Huaxia Future Capital, are now mainly negotiating with the other party on valuation.
"Under the recent economic crisis, many venture capitalists have tightened their purse strings, so I found a lot of companies that I hope to finance." After Li Ying reported his recent work, he said to William Chen, "There is one of them, and I still have one. It is very obvious, but there is some conflict with the company you invested in before, and the other party needs more funds."
Her words made Chen William a little interested: "What company?"
"It's Jingdong, they want to get at least 100 million US dollars of investment, but in the e-commerce industry you have already spent 4 billion to buy Ali stock, so..."
"You rejected the other party?"
"No, I just said I hope to think about it. Even if you don't come to Modu this time, I'm going to call and tell you about it."
"You're going to persuade me to agree."
Seeing that Li Ying heard his words and nodded with a smile, William Chen said, "What is the valuation they hope?"
"800 million US dollars, originally they hoped to get 200 million financing, so they found a lot of investment institutions, but you know, the market is not good now, and Jingdong has been losing money these years, many people have no idea, They built their own logistics, which is an asset-heavy model. Now Alibaba's performance is so good, many people don't agree with their development model, thinking that they will not be able to persist and collapse in the end."
"Our Zoom in the United States is an asset-heavy model. I know that the investment is very high, but once it succeeds, it will have a very large cost advantage. You contact them, I agree to raise funds, and give him a valuation of 1 billion, but on the condition that I To invest $300 million and get a 30% stake.”
"Ah? Could it be too much, our fund doesn't have that much money now."
"Just listen to me. I will inject another 500 million US dollars into Huaxia Future Capital. You can list the companies that you have recently raised for financing to me, and I will see if there is any suitable investment."
...
Soon, Jingdong replied to Li Ying that they did not want to release so many shares, because if Chen William gets 30% of the shares, then he will not become the largest shareholder of Jingdong, and he is also the largest shareholder of Jingdong. Ali is a major shareholder of the company, so Dadongzi is very concerned about this matter.
However, Huaxia Future Capital is also an investment institution with the best conditions, so Jingdong didn't want to just give up, so Dadongzi told Li Ying that he hoped to come to the capital to see William Chen in person, and invest if he wanted to. things to communicate.
After Li Ying asked Chen William for instructions, he agreed to the other party's request. So, William Chen met Da Dongzi at the Yan Family Garden's home.
At this time, Da Dongzi didn't know Sister Milk Tea. After meeting William Chen, he directly expressed his hope to get 200 million US dollars in financing, and he could give him 25% of the shares according to the valuation of 800 million, but if it was 30% of the shares, then it is very dangerous for Jingdong, which will lead to an imbalance in shareholders' shareholding.
"I understand your difficulties, Mr. Liu, but what I want to make clear is that although I am a major shareholder of Ali, I have never interfered in any Ali's business, and the same will be true for Jingdong. My investment is purely It will be a financial investment. You may not know, I also invested in an e-commerce company in the United States called Zoom, which is similar to Jingdong's asset-heavy model, so I am very optimistic about Jingdong's model. Although logistics requires a lot of money, it is also very beneficial in terms of stability and customer experience.”
"And I don't think that if I get 30% of the shares, it will affect your control of Jingdong. I suggest that you implement the AB share model in Jingdong. This model is widely used in American technology companies, which can make founders People who own a minority of shares can control the company, so after I become a shareholder of Jingdong, I will support you to convert all the shares you hold into Class B shares, and the investor's shares become Class A shares, and Class B shares own Class A shares have 10 times the voting power, so you can ensure that you have control of the company.”
Chen William's suggestion made Da Dongzi very excited. If this is the case, assuming that Class B shares have 10 times the voting rights of Class A shares, even if the shares he holds are diluted to less than 10%, they can still hold firm. He firmly holds the control of Jingdong, and in this way, with the support of Chen William, then his investment in shares will be a good thing for him.
After all, the other party is the fourth richest man in the world. Once he joins, it will not be a problem for Jingdong's future financing.
However, although the two sides have reached an agreement at present, Dadongzi still needs to go back and communicate with other investors about the AB stock issue. He promised that he will give him the final answer soon.
When the matter is here, the rest of the matter can be left to Li Ying.
The main areas of investment in Huaguo are similar to those of William Chen in the United States. Therefore, in addition to this, William Chen asked Li Ying to focus on contacting film and television companies in Huaguo to find potential investments, such as Enlight Media, This film and television company, which currently focuses on TV series, has a very good future development.
After Ivanta finished dealing with the affairs on the Magic Capital side, William Chen took her to Yanjing on the Gulfstream G550.
The decoration of the courtyard that William Chen bought before has been completed. This time, two people went over to see the final effect. As for the courtyard house, Ivanta still remembers the residence of Deng Wendi where she lived when she first came to Yanjing. She also liked the decoration at that time, so after knowing that Chen William's courtyard house was completed, she couldn't wait to take a look How's the effect.
It has been more than half a year since I bought this courtyard house last year. This is also the second time Ivanta came to Yanjing after half a year.
This time with Chen William, there is also an old acquaintance who has just arrived in the magic capital to join him, that is Ali's boss Ma.
American Road to Fame https://
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