Wall Street Legend

Chapter 289 Alibaba (14)

The first negotiation failed.

When I came back after the phone call, the other party was only willing to make a concession of 20 million US dollars, 1.98 billion US dollars. Ye Dongqing did not agree, so it ended like this.

It involves nearly two billion U.S. dollars, which is not a small amount of money no matter where it is placed. Mr. Becker is determined to facilitate this transaction, but he has not yet reached an agreement on the price, so before leaving, he told the company's shareholders that he would first Talk and negotiate a price acceptable to both parties.

Ye Dongqing politely sent them out of his office without making any clear statement. He sat back on his office chair again and asked Assistant William to help get a map of New York.

Mr. Becker's attitude was intriguing. He felt it was necessary to prepare alternative plans. McCord was listening all the time. Hearing this, he asked: "Why do you want a map? Can you fill in the East River and then make another plan?" Get a piece of land?"

"The preparations were not sufficient before, and they obviously did not feel the pressure. I am still more optimistic about the land owned by Vornado Real Estate Company, but I must create some competitors for them, so that I can successfully keep the price down. The premise is The shareholders of this company are really desperate to sell this land, otherwise I will have to consider building Cobra Tower elsewhere."

A very good idea, often used when doing business, but it just turned into buying land, changing the soup without changing the medicine.

Unlike investing in crude oil futures, building a building at least requires land and buildings. Mr. McCord was successfully frightened by Ye Dongqing, and somehow felt that investing in this kind of real estate was good. At least he didn't have to worry about being trapped and plummeting.

Encountering such an uneasy young boss, this guy had a hard time. After the salted fish turned over, he didn't want to change back to the salted fish, so he had to retreat again and again without offending Ye Dongqing. Manhattan's The risk of the real estate project is low, but the price of acquiring the land is too high. At this moment, he tried: "Wouldn't it be good to go to the downtown area near the Hudson River? After summarizing the experience brought about by the collapse of the World Trade Center last time, there is news He said that as long as passenger planes continue to pose suspicious risks, military fighter jets will shoot them down. There is no reason for similar incidents to happen again. It is safe to build the building there, and there is suitable land. You can see the New World Trade Center Tower or Hard Sun River.”

"By the way, in addition to the low cost, company employees can also rent cheap houses. It is definitely not possible to continue to provide rental subsidies. Do you know how much subsidies you have to pay every month? Nearly six hundred thousand US dollars! One day It’s about 7.2 million U.S. dollars per year, which is a free advantage for those landlords.”

Mr. McCord said that he had a house in Midtown, so he couldn't get the housing subsidy from the company, not to mention that he didn't like the small amount of money, so he made this proposal for Ye Dongqing's benefit.

Last year, I moved the company from Wall Street to Midtown. I wanted to retain the old employees, so I was willing to pay part of the rent in the name of the company. Now that there are more and more employees in Tamsui Investment Group, it will definitely be a loss if we continue to implement it. Look at the high salaries of those financial white-collar workers. About one-third to half of their monthly salary goes into the pockets of the landlords. It mainly depends on the location from Puchuan Tower and the living environment.

Moving the company to South Central Park still cannot reduce the rent expenses of employees. The rent in downtown will be slightly cheaper, which will help retain the company's employees. Moreover, downtown is close to the Hudson River and is also one of Manhattan's CBDs. First, the land price is about 40% cheaper than the land next to South Central Park.

Ye Dongqing could also calculate this amount. After hearing this, he hesitated for a moment and said, "We'll see when the time comes. I'll try it first. If it doesn't work, I'll go to the lower city, or wait a few more years."

Building a building is an impulse, and saving money at the moment is more in line with his personal interests. Mr. McCord thought he wanted to wait until he made more money, and then decide whether to build a building or not depending on the situation. In fact, Ye Dongqing was talking about the subprime mortgage crisis. .

If the subprime mortgage crisis occurs as usual in this life, that storm will be enough to bring Manhattan land prices back to the levels of the 1990s or even the 1980s. It will obviously be more cost-effective to buy land by then. However, with the emergence of Ye Dongqing, will it be It is hard to say whether there will be another subprime mortgage crisis.

A stable global economic environment is more suitable for doing business. Maybe Ye Dongqing will take the initiative to help apply the brakes when the subprime mortgage overheats. It mainly depends on the specific situation in the future. At present, it is still a wait-and-see approach. Maybe it can be passed. Shorting and profiting from it is not only the subprime mortgage market itself, but also the financial tsunami caused by the subprime mortgage crisis. The impact cannot be assessed within a few years. After all, the subprime mortgage business is still relatively healthy and the impact will not be significant.

"It's better this way, I mean it, Leo."

Mr. McCord stood up, buttoned up his suit, and told him the good news: "There is one more thing I must tell you. Alibaba and the Forty Thieves Company in China have agreed to accept our financing for a total of US$500 million. , in exchange for 43% of the shares, this is the best condition we can obtain.

Although I don’t know why you are so optimistic about it, at least it can satisfy your wish. Since I took over from my predecessor, you have mentioned it in front of me at least five times. You only mention it when facing Apple or Amazon. There's this passion. "

"Really?!" Ye Dongqing was pleasantly surprised.

"Of course it's true. Why would I tease you about something like this?"

"Alibaba, not Alibaba and the Forty Thieves?"

"...You should know that this is just a joke. If you think it's okay, I can sign a contract with them now. The people from this company are staying in the hotel next door."

After Ye Dongqing heard what he said, he smiled: "You should have told me earlier that the company sent people. Is there a strange-looking guy among them, named Jack Ma?"

After thinking for a while, Mr. McCord affirmed: "There is no such person. The team leader studied at Yale. I had dinner with him yesterday. I originally wanted to tell you, but you just moved to a new home and you still We asked you not to disturb your riding, so I thought it would be better to wait until the outcome of the negotiations before telling you. Do you agree to the deal?"

"Just agree. Give me all the business data of that company since its establishment, as well as the future development plan. That hateful guy from SoftBank in Japan refuses to agree to sell the shares to me, so he won't let me succeed now. Already?"

Ye Dongqing was naturally happy, because he had won another company with high growth potential, which was an unexpected surprise.

From the time he went to Tencent to inspect, he sent people to contact Alibaba to try to negotiate financing. Alibaba Group is very short of money these days. It has been a long time since Son Zhengyi invested 20 million US dollars. Originally, Wait until next year, Yahoo should reach a financing agreement with that company, but now the financing time has been moved forward a lot...