My Age of Investment
One thousand and forty-one, venture capital brother
Seeing Son Zhengyi with a smile on his face, Xia Jingxing felt a little embarrassed.
This deal, if you include himself, Facebook, Microsoft, Jack Ma and other Ali management, Jerry Yang and Yahoo shareholders, can be said to be satisfactory to five parties, one more than the four parties originally estimated.
The only one who is not so satisfied may be Comrade Sun!
SoftBank is a shareholder of Yahoo, and co-founded Yahoo Japan with Yahoo. It is also the second largest institutional shareholder of Ali, holding 20% of Ali’s parent company.
This equity transaction surrounding Yahoo and Ali, leaving out SoftBank, which has a stake in both companies, is indeed a bit outrageous.
Well, this was indeed Xia Jingxing's intention.
Yahoo holds a total of 26% of Ahri's equity. If it is given to SoftBank and Ali's management is ignored, it means that Vision Capital and Facebook will get less of it. This is a situation where there is too much food for the monks and only Comrade Sun can step aside. .
"Mr. Sun, you've thanked me for the award. I have to thank you for your support so that this transaction can be completed!"
Xia Jingxing stretched out his hand, grabbed Sun Zhengyi's hand and shook it, his face full of gratitude.
Son was stunned for a moment. Do I support him? The key is that I am a small shareholder in both companies. When most shareholders support it, there is no point in opposing it!
Xia Jingxing was making trouble in the United States very quickly these days, catching Son off guard. When he received the news and flew to the United States urgently from Japan, he was already helpless.
Seeing that things couldn't be done, Sun Zhengyi was very decisive and did not stand up to obstruct it. Instead, he chose to go with the flow, but in fact he was still holding his breath in his heart.
It would be too much not to call yourself for such a good thing!
Sun Zhengyi is also an old actor. Although he feels uncomfortable, he still has to get by in terms of face. Besides, he still has something to ask Xia Jingxing.
"Daerun, your ability to strategize and organize troops is comparable to that of Sun Tzu."
Xia Jingxing was stunned for a moment, and then his face quickly fell. Who was his grandson scolding?
Seeing that Xia Jingxing's expression was ugly, Sun Zhengyi knew that the other party had misunderstood, and immediately corrected him: "Sun Wu! Sun Wuzi!"
Xia Jingxing regained his smile. Sun Zhengyi praised himself as being comparable to "Sun Wu", so he himself is the great-great-grandson of his grandson...
Because in order to facilitate development in China, this old boy found himself a famous Chinese ancestor-Sun Wu.
It doesn't matter whether the bloodline is pure or not, nor does it matter whether the public believes it or not, as long as you show your own attitude and show your closeness to China.
When developing in South Korea, Comrade Sun mentioned his Korean identity; in Japan, he mentioned his Japanese identity; in the United States, he emphasized his American study background and investor status...
Therefore, Comrade Sun is a talented person who can thrive in the markets of various countries.
The businessmen complimented each other, and Sun Zhengyi pulled Xia Jingxing to a hidden corner and revealed his purpose.
"Darren, when Yahoo shareholders voted, I voted in favor and did not set any obstacles to the transaction."
“Can part of the new shares issued by Facebook be allocated to SoftBank?”
Sun Zhengyi looked at Xia Jingxing expectantly. Missing Facebook has always been a big regret in his heart. Now that he has the opportunity to make up for this regret, he cannot let it go no matter what.
Xia Jingxing calculated with his fingers that Jerry Yang holds 3.9% of Yahoo's equity. Based on Yahoo's transaction consideration of US$47.5 billion, this equity of less than four points is worth US$1.8525 billion, which is different from the US$2.75 billion of Ali's 11% equity. Not a small difference.
Originally, this part of the difference was reserved for Jerry Yang’s partner David Filo.
But Lao Suntou's opening made things a bit difficult. After all, he had promised to a good person and it was hard to go back on his words.
Moreover, the two founders only allowed the transaction to go through because of the equity in Facebook. At this time, burning bridges will inevitably lead to twists and turns.
"How about it? Darren, is that okay?"
Xia Jingxing sighed, "Hey, you're a little late. We have already signed the contract."
Comrade Lao Sun was already prepared for this, and replied with a smile: "As long as you open the mouth of Jincheng, I will send you a new agreement immediately."
Xia Jingxing glanced at Sun Zhengyi, "Have you talked to them?"
Masayoshi Son smiled and nodded, "They agreed to transfer part of their shares to SoftBank, mainly depending on what you want.
Darren, don’t worry, as long as you agree to SoftBank’s investment in Facebook, I can take care of Facebook’s subsequent financing until it goes public! "
Looking at Son Zhengyi who looked like he was not short of money, Xia Jingxing grumbled in his heart, still paying for it? Why aren't you so beautiful?
"As long as Jerry and David agree, I will naturally not set any obstacles. You can just discuss how to distribute the US$2.75 billion in new shares."
Son Zhengyi looked happy, but Xia Jingxing's next words stopped the smile on his face, "But Facebook is not short of money now and will not raise funds in the future. If SoftBank wants to continue to increase its holdings, it can only go to the secondary market." ”
Son's attitude was very low, "Okay, I'll be satisfied with just one or two points of equity."
Xia Jingxing could feel the disappointment in Sun Zhengyi's heart. After all, with such a big piece of cake, you can only eat the crumbs. This is not in line with the style of a "venture capital brother"!
"Youtube is going to raise a round of financing next, and it may be possible to reorganize with Facebook in the future."
Sun Zhengyi's eyes suddenly lit up. He looked up at Xia Jingxing and found that the latter was looking at him with a smile.
"Darren, thank you. Thank you very much for giving SoftBank this investment opportunity."
Xia Jingxing snickered in his heart. Gates, who was losing money on oil pipes, said he couldn't bear it anymore and had no choice but to let Comrade Sun take over. After all, this man is known in the industry for "dare to bet and dare to invest" and he is a very ideal successor. Candidate.
Xia Jingxing waved his hand, "No need to say any words of thanks, we all cooperate for a win-win situation."
Son Zhengyi nodded like a chicken pecking at rice, "Yes, yes, win-win cooperation!"
"Speaking of win-win cooperation, I have another business that I would like to work with you on."
Sun Zhengyi did not doubt that he was there and said with a smile: "Please tell me."
"In a few months, Fuxing Mobile will launch FX2, a brand new 3G smartphone. The Japanese market is our main focus and we will invest a lot of energy and resources."
Sun Zhengyi gradually came to his senses. It turned out that he was asking for something from himself. No wonder this "whale" was so easy to talk to.
In the industry, Darren Xia's name has been equated with that of a whale. His investment style is very aggressive, he is accustomed to placing heavy bets and investing alone, and his appetite is astonishing.
Masayoshi Son pretended to be embarrassed, "Darren, Zhizhiguo has also been contacting SoftBank recently. We have almost reached an agreement. It will be difficult for me to interfere with you now!"
If only you had come to us earlier! "
There was unspeakable regret and entanglement in Sun Zhengyi's tone. If Xia Jingxing hadn't said the same thing just now, he would have been fooled.
It can only be said that things have changed, and now it's time for him to ask for help.
However, cooperation pays attention to mutual benefit, and "asking" cannot get you.
So Xia Jingxing replied in a moderate tone: "When Wisdom Fruit enters a local market, it has always only tied up with the exclusive telecommunications operator.
Although they can bring a considerable number of new users to operators, they require a share of phone charges! And the proportion is not low! "
Son Zhengyi remained silent. Indeed, the wisdom fruit is too powerful! Negotiations with them have been stuck at this point and unable to move forward.
Xia Jingxing said calmly: "But Fuxing Mobile is different. We never regard ourselves as the overlord of smartphones, nor do we care about the rice in the bowls of our partners.
Our operating philosophy is open and win-win. If our partners make money, we will also make money. "
Sun Zhengyi nodded, "That's it, Darren, I'll ask the people below to study it, and I will send you an invitation letter as soon as possible. The scenery in Japan is still good, and you are welcome to be a guest."
Xia Jingxing smiled, Comrade Sun was very wise! Well versed in the essence of PY trading.
"Okay, happy cooperation!"
Looking at Xia Jingxing's outstretched hand, Sun Zhengyi also smiled and held out his hand. The two shook hands again, and the smile on their faces became more intense and sincere.
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