Reborn on Top of Football

Chapter 75: Friends of China Internet Industry (Chinese)

Speaking of which, despite the surprise of the two, Wang Bin joked: "The U.S. dollar is a bit difficult for the time being, our company has no overseas business for the time being, but it will soon be up to two years. Northern Paper Group will launch overseas business. If you really need it, you can borrow it temporarily from the investment company. "

Ma Yun took a deep breath and suppressed the excitement in his heart.

Ma Huateng blinked and said, "General Manager Wang, did the capital injection for us come from Northern Paper Group?"

Wang Bin shook his head with a smile: "No. This investment company is not mine, it was founded by my lover."

"What is that bitch?" Jack Ma was also a little nervous. This funding did not come from the powerful Northern Paper Group. How can the stability of the investment be guaranteed?

"Don't do it." Wang Bin quickly waved his hand: "I haven't talked about the age with the two. I think Alibaba's horse should always be older than me. I'm from 1967."

Ma Yun nodded and smiled: "It's true that I am a bit obsessed. I am from 1964."

Ma Huateng smiled, "I'm from 1971."

Wang Bin laughed: "My lover and I were the same year as the horse in Hangzhou and the horse in Shenzhen. My love has a transcendence culture and entertainment company. This transcend Internet investment company is a wholly-owned subsidiary of the former.

Ma Huateng thought for a while: "I remember that in many cities in Liaoning Province, there is a very high-end online club called Transcendence."

Wang Bin nodded: "It was my lover."

Ma Huateng briefly introduced the scale beyond Internet cafes to Ma Yun, and Wang Bin added with a smile. After a few words, the two horses were assured. For a large chain of high-end Internet cafes throughout the province, its profitability naturally cannot escape the analysis of two Malaysian presidents. It is true that the three companies have invested 500 million yuan in three years, but they are also within their capabilities. Moreover, there is a stronger and more stable Northern Paper Group as a support. The reason why Wang Bin appeared instead of Ai Xiaoqing was precisely for this reason.

Ma Yun thought about it and asked, "General Manager Wang, I don't know when the first batch of funds will be available."

Wang Bin smiled: "At any time, as long as we reach an agreement, funds can be deposited into your company's account at any time. Our investment company does not participate in specific operations and does not interfere with your corporate development decisions, and only sends dedicated accountants to check the use of funds This can be written into the agreement, that is to say, no matter how much we invest and how many shares we have, the company is still yours, and it must be yours. "

Both Mr. Ma understood that he understood Wang Bin's subtext, and Ma Huateng smiled a little shyly and asked, "Mr. Wang, why do you support us so much?"

Wang Bin said: "I don't know the Internet, but I know the entrepreneurs. Internet companies must thrive under the leadership of an expert. This expert must not only understand the Internet, stand on the front line of Internet technology and development, There is a zeal for development and industry development. For a pioneer, no madness will not survive. It happens that I see this quality in both of them. For me, it is not difficult to get control of your business. But what do I do with control? I have the confidence to lead an enterprise to maintain its stability, but I do not have the confidence to develop an Internet company, especially an Internet company that always stands at the front of the industry. To be honest, Even though I have a computer at home, I can barely play games until now, so the control I have will only slowly deactivate my investment, which will eventually damage my investment and damage it. To the future of Internet development in China. Why should I do such a thing without any benefit? "

The two horses always smiled and nodded.

Wang Bin also said: "About this investment, it will definitely involve the problem of equity calculation. My investment intention is also clear to the two presidents. But for such a big issue, I guess it will be difficult for them to decide immediately. It happens that your team members are also there. You can have a separate meeting to discuss how much you can accept my shares. Then we will talk tomorrow. "

The two Mrs. Ma thought the proposal was reasonable and nodded their heads.

Go back to your team members and tell the news that even the calmest person is scared by such a large investment. Now in 1999, it was China, not the United States. Even if a start-up Internet company in the United States wants to get the first batch of $ 4 million investment, a total investment of $ 70 million is very difficult. If it has been developed for many years, has a foothold in the market and shows a good enough prospect, it is different. For example, Ma Yun asked Sun Zhengyi to invest, but after just ten minutes, Sun Zhengyi decided to invest 20 million US dollars. But that's because Jack Ma had previously received a $ 5 million investment from Goldman Sachs. This is equivalent to Goldman Sachs, a professional institution that has replaced Sun Zhengyi's Softbank for preliminary analysis. Now Ma Yun has not reached an agreement with Goldman Sachs, and Ma Huateng has almost no source of investment.

The two presidents turned their backs, but no matter how they calculated, the company had to give up control of a total investment of $ 70 million. Judging from the negotiations between Ma Yun and Sun Zhengyi in history, Sun Zhengyi made a 40 million US dollar share of 49% of the shares, and later negotiated again, reducing it to 30 million US dollars. Sun Zhengyi agreed to take a 30% share. Ma Yun later regretted that, Compressed to 20 million US dollars, Son Zhengyi once again conceded 20% of the shares. In other words, after Jack Ma's confidence in Goldman Sachs's $ 5 million venture capital investment increased greatly, the total valuation of the company was only $ 100 million.

The next day they met, and the two horses chose to refuse a total investment of 500 million yuan, because they did not want Wang Bin to take absolute control of the enterprise, because the 500 million yuan, no less, and no lower equity. At 60%, Tencent is even worse, giving 80% may not be enough. Even if Wang Bin said that he could even write the terms of the agreement without interfering with the company's operations, the two were not assured. The case where Apple's founder, Jobs, was kicked out of Apple in 1985, however, has almost avoided all the ambitious Internet founders.

Wang Bin smiled: "I don't think the two people don't want this investment. No one will think that the investment is small. As President Ma of Alibaba said, Han Xin sent troops, I think you are still worried about the issue of corporate control. So I have a second set of plans here. I am also the first fund of 30 million yuan. After you have completed the set goals, you will invest a total of 500 million yuan or a portion of foreign currency in the next three years. We can specifically agree on this. In terms of equity, we only account for 10 %, But this equity cannot be diluted. Do you agree? "

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