My Age of Investment

"Mr. Sun Zhengyi is a very assertive person. What he has decided cannot be changed."

Yang Zhiyuan was silent for a long time, holding back such a sentence.

Xia Jingxing and Ma Yun looked at each other, and they both knew that the other party had already been tempted.

Regarding Ahri’s D round of financing, the management, Yahoo, Softbank, and Vision Capital have actually reached a certain consensus.

What is currently in contention is just a few points of equity.

It sounds like you are as stingy and fussy as the uncle and aunt in the vegetable market.

But with Ali's current valuation of 300 to 400 billion US dollars, every single point of equity is worth 30 to 40 million US dollars.

Moreover, several investors are not stupid, they have all seen China's vast e-commerce market and its exaggerated growth rate.

Once Ari is completed, a stake in the future may be worth hundreds of millions of dollars.

One point is worth billions of dollars, and I dare not think about it yet.

In short, the three investment institutions all want to split up a few more shares in Ahri.

Yang Zhiyuan is soft-tempered and comes from a technical background, so he has relatively few flirts.

But he is definitely not stupid. The current plan is beneficial to Yahoo. He is very tempted, but he is worried that he will not be able to convince Sun Zhengyi.

Therefore, Xia Jingxing and Ma Yun began to advise him.

Ma Yun wants to promote the financing plan as soon as possible, get the money as soon as possible, and completely end the war of domestic C2C e-commerce platforms.

And Xia Jingxing wanted to hold a few more shares in Ahri. In the next few years, there should be no better investment than this.

Right now Softbank doesn't want to share it, so he will drag Yahoo to fight together.

When it comes to interests, Yahoo and Softbank are not monolithic. Especially when Vision Capital is willing to let Yahoo be the largest institutional shareholder, Jerry Yang is still willing to cooperate with Vision Capital if conditions permit.

As for the personal grievances between him and Xia Jingxing, we can put it aside for now, they are both adults and know how to use words first.

In fact, he and Xia Jingxing didn't have much grudges.

Facebook rejected Yahoo's acquisition, Facebook defeated Yahoo in social networking, Vision Capital got involved in Ahri's financing...

That's all there is to zero and zero, and it's not a deep hatred.

The three exchanged opinions with each other, and quickly discussed a highly feasible plan.

Yang Zhiyuan took this plan and was responsible for persuading Sun Zhengyi.

The two of them didn't intervene, lest Sun Zhengyi would repel him.

Yang Zhiyuan left with a full harvest.

Ma Yun sent him out the door, then returned to the room, and said to Xia Jingxing, "Dai Lun, you are satisfied now! Don't make any more complications."

After experiencing this incident, Ma Yun also knew that the young man sitting on the chair and smiling at him was definitely not a good friend.

Although he is young, but his methods are extremely sophisticated, he is able to work together vertically and horizontally, pull one faction to attack the other, and never stand still when it is time to lie down and be a child, he is too tossing!

Xia Jingxing didn't know that he was recorded in Ma Yun's small notebook, and said with a smile, "Don't worry, as long as Sun Zhengyi compromises, he will sign the contract immediately, and the payment will never be delayed.

But Jack, you have worked hard these two days! When things are over here, I'll find a place and let's celebrate. "

"The celebration is skipped, I'm still worried about the mess in China!"

Thinking that the two parties are still "plastic brothers", Jack Ma didn't want to spoil Xia Jingxing's interest, so he said again: "We will celebrate when Ahri is officially listed."

Xia Jingxing sighed in his heart for Jack Ma's impeccable way of dealing with people, while smiling and saying yes again and again.

"Daren, there is something that you must pay attention to!"

Xia Jingxing looked up at Ma Yun, a little puzzled.

"You have to find a way to turn your funds into domestic capital!"

Ma Yun paused, "In this way, together with the two parties, the domestic capital will absolutely control Ari, which will be beneficial to Ari's development of some more sensitive businesses in the future."

Xia Jingxing thought to himself that he had just finished praising Jack Ma for his impeccable workmanship, and now the other party has shown his foresight and foresight again.

At present, the country is still vigorously attracting investment, and several Silicon Valley giants are rushing to the Chinese market like vicious dogs.

The country has not yet made a move in this regard, but Jack Ma seems to have seen some signs.

So Xia Jingxing asked: "You are getting close to the bigwigs in Jiangsu and Zhejiang, did you hear any news?"

Ma Yun waved his hands again and again, but kept silent about it.

Xia Jingxing didn't hold on to it, and the other party didn't want to talk, so he gave up.

After chatting with Jack Ma about traditional martial arts, Xia Jingxing bid farewell and left.

…………

…………

Yang Zhiyuan's attempt to persuade Sun Zhengyi was much more effective than Ma Yun and Xia Jingxing.

Although SoftBank is an important shareholder of Yahoo, Masayoshi Son has to sell Jerry Yang for two cents.

At first Sun Zhengyi was still resolute, getting angry and threatening in various ways.

But Yang Zhiyuan released the first trick that Xia Jingxing and Ma Yun prepared for him - flipping the table.

Yang Zhiyuan said that if Yahoo is not allowed to take the lead, then Yahoo will withdraw from this financing operation.

Sure enough, Sun Zhengyi was in a hurry.

How could Yahoo quit?

Once Yahoo quits, Ahri's internal value will be greatly reduced. Although he can also liquidate Ahri's shares, he is obviously not as profitable as "pull Yahoo into the market and give Ahri a victory in e-commerce".

Therefore, Sun Zhengyi had to compromise and decided to give a few points of equity to Yahoo.

But Jerry Yang didn't stop here, and asked Softbank to give a few more points of equity to Vision Capital.

This directly angered Sun Zhengyi.

This was not what Xia Jingxing and Ma Yun expected, so Yang Zhiyuan opened up the second trick they gave him - Xu Yili.

After Yahoo went public, Softbank reduced its shareholding, but still holds a large proportion of shares.

The meaning expressed by Jerry Yang is very clear. Yahoo won the majority of Ahri's shares, and Softbank can also indirectly hold a part of the shares. In addition, Softbank directly holds the shares. Generally speaking, there will be no less.

In addition, Yahoo can buy the Taobao equity held by Softbank at a high price, helping Masayoshi Son earn a fortune first.

Furthermore, Jack Ma's team stated that they can accept Yahoo China's injection at a higher valuation, and Softbank can benefit indirectly from it.

Argue, compromise, argue again, compromise again...

Repeat this process over and over again, and then Sun Zhengyi really compromised.

When Sun Zhengyi compromised, it was already a week later.

The group of entrepreneurs from China had already finished the annual meeting of the Huayuan Science and Technology Association and left.

Only Ma Yun and Cai Congxin are still in the United States.

During their stay, the two also visited companies such as Facebook, Vision Capital, Tesla, and LinkedIn.

By paying close attention to Xia Jingxing's property, the two raised the score of this young investor in their hearts.

When they arrived at Tesla and LinkedIn, they also found an opportunity to chat with the two CEOs, Eberhard and Hoffman, and inquired about Xia Jingxing's investment style and "help" to the invested companies.

This help is actually to find out whether Xia Jingxing has meddled in the management of the invested company indiscriminately.

The results obtained made the two of them quite satisfied. Even with Tesla as the major shareholder, Xia Jingxing never intervened indiscriminately, trusting and respecting the management team very much.

When Ma Yun received Sun Zhengyi's call, Ma Yun was overjoyed, and the most difficult person was finally settled.

So he hurriedly notified Xia Jingxing to invite him to attend the four-way meeting.

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