My Age of Investment

Ma Yun received an urgent call from Cai Congxin late at night. He was driving to the company in his car. He took the time to make a call to Xia Jingxing. He was not in the mood to joke with Xia Jingxing.

"Darren, have you received the news? Microsoft is going to acquire Yahoo!"

Hearing Ma Yun's serious tone, Xia Jingxing stopped teasing and replied, "I know, Jerry just talked to me on the phone and asked me if I wanted to play together."

Let’s play next game!

Ma Yun's mind started spinning quickly. What does this mean? Does Envision Capital or Facebook want to acquire Yahoo? Is it affordable to acquire it? That’s $44.6 billion!

Suppressing the surprise and doubt in his heart, Jack Ma asked calmly: "You also want to acquire Yahoo?"

"No, no, I refuse."

After saying that, Xia Jingxing heard the other end of the phone take a deep breath, and he immediately knew what was going on.

This classmate Xiao Ma seems to be in a very different pattern! Need training!

At this time, Jack Ma said firmly: "Darren, we must prevent Microsoft from acquiring Yahoo!"

"Why? Microsoft is a more powerful shareholder than Yahoo!"

"It is precisely because Microsoft is too powerful that we have to block this deal, and I heard that Microsoft's corporate culture is very strong, and the newly appointed CEO Ballmer is not an easy person to get along with."

Ma Yun's mouth is like a barrage of words, constantly spinning out words.

"If Microsoft puts any pressure on Ahri, or questions some of our development strategies, it may have disastrous consequences for Ahri."

"Microsoft is not Yahoo. It has come to China to expand its business a long time ago. Moreover, Gates is the richest man in the world and has great influence around the world. Moreover, he has a good relationship with our top people. What if he wants to acquire Ali? ?”

"Daerun, you know, I am the kind of person who would rather live in ruins than live in ruins. If it really comes to that, the loss will be the interests of all shareholders. I don't want to see anything happen. I feel sorry for Ahri." There are deep feelings.”

Xia Jingxing smiled and said, "I know, I understand you. Isn't this the last word of your horoscope? Don't be too nervous."

"Can I not be nervous? Darren, don't be too optimistic. This incident will have a great impact on Ahri. We must be cautious."

Xia Jingxing can probably understand some of Ma Yun's worries, which stem from the fact that the other party doesn't control many shares.

Currently, the largest shareholder of Ali's parent company is Yahoo, which holds 26% of the shares, followed by Vision Capital and SoftBank, which hold 23% and 20% of the shares respectively. Jack Ma and his team only hold 31% of the shares.

If Microsoft takes over the 26% stake in Yahoo, uses Yahoo Japan to conduct a transaction with SoftBank, and then attracts itself as the second shareholder who has a good personal relationship with Gates, 69% of the shares will be compared with 31% of the shares. Jack Ma and his team will They were treated to death.

Ali does not have an AB-share dual-class share structure, and the partnership system will not be launched until next year. This is the weakest moment for Ali's management.

Xia Jingxing somewhat understood why Jack Ma was relieved when he just said that he did not intend to acquire Yahoo.

Envision Capital and Yahoo together hold 49% of the shares, which is very close to the control line.

Now Jack Ma absolutely cannot bear the emergence of such a powerful shareholder, which will greatly threaten Jack Ma's control of Ahri.

Xia Jingxing said calmly: "Then tell me, what do you want to do?"

"Of course, it is best to maintain the status quo. Without any uncertain factors, Ali's development is getting better day by day, creating the greatest returns for shareholders."

The corners of Xia Jingxing's mouth raised slightly, and the fox's tail was finally exposed.

"Lao Ma, this may be a bit difficult. We are not shareholders of Yahoo and cannot block their decision."

"I know, but we can persuade Yang Zhiyuan to achieve our goal by exerting influence on him."

Xia Jingxing smiled, "I understand, then I'll try my best to persuade Jerry."

Ma Yun sighed, "I plan to go to the United States in a few days. Can we come together?"

Xia Jingxing thought for a while and replied: "Okay, I will return to China in a few days. Let's go together after the New Year."

After hanging up the phone, Xia Jingxing tapped his fingers on the table as a habit, which was a sign that he was thinking.

Jack Ma is so resistant to changes in Ahli’s equity, and the next thing will be difficult.

At the same time, Ma Yun also asked him to persuade Yang Zhiyuan not to sell Yahoo, but in his heart he hoped that Yang Zhiyuan would sell Yahoo, give Microsoft a thicker blood bar, and it would be good to fight Google for a few more months.

Xia Jingxing didn't have to wait too long. Another protagonist, Mr. Gates, finally arrived belatedly and made an overseas phone call.

After a while of simple greetings, Gates went straight to the point: "Darren, I hope you can help me persuade Jerry. He seems to be resisting this deal.

You should be aware that neither Microsoft nor Yahoo, together, can rival Google in the search business.

If Yahoo and we continue to fight separately, sooner or later we will fall at the feet of Google.

Only by joining forces can there be a chance of survival, and it is also in the interest of all shareholders of the two companies.

Jerry seems to be very embarrassed and may feel that selling Yahoo has affected his personal reputation.

This is ridiculous and childish!

I heard that you and he are friends and both are Chinese. Maybe he can listen to something you say. "

Xia Jingxing listened quietly to Gates venting his emotions. It seemed that the old man had taken a lot of anger from Yang Zhiyuan, and it seemed that the first round of negotiations had collapsed.

After Gates finished speaking, Xia Jingxing responded with a strong accent: "Mr. Gates, don't get excited yet. Since you called me today, I will definitely help you with this favor!"

A burst of hearty laughter came from the other end of the phone: "Haha, Darren, I knew you were the most particular about friendship."

Xia Jingxing smiled and said, "I'm not sure if I can convince Jerry. He can be a very stubborn person sometimes, or maybe we Chinese take face very seriously."

Gates also said it beautifully: "No matter whether things succeed or not, I will always remember your help today, Darren."

"I'll try my best. Tell me some of your ideas so I can persuade Jerry."

Gates introduced Microsoft's acquisition plan to Xia Jingxing in detail, and promised to retain the Yahoo brand, but the search business must be merged into Microsoft's search business system.

However, Gates remained tight-lipped about Microsoft's bottom price.

This old fox!

Xia Jingxing secretly laughed, as the other party was afraid that he would inform Yang Zhiyuan, and the situation was too small.

"Okay, Mr. Gates, just wait for my news!"

Xia Jingxing hung up the phone with a smile and threw the phone on the table. How could he invite someone to visit him if he was so insincere? Go and play by yourself!

He rubbed his eyebrows and began to peel off the cocoons, carefully analyzing the different demands of Yang Zhiyuan, Jack Ma, and Gates.

In order to broker this business, a win-win situation must be achieved for all parties!