Speaking of this, regardless of the surprises of the two people, Wang Bin joked: "The US dollar is a bit difficult for the time being. Our company has no overseas business for the time being, but it will be soon, in two years at most, the Northern Paper Group will start overseas business.
If you really need it, you can temporarily borrow some from the investment company."
Ma Yun took a few deep breaths to suppress the excitement in his heart.
Ma Huateng blinked and said: "Mr. Wang, didn't the capital injection for us come from Northern Paper Group?"
Wang Bin smiled and shook his head: "No. This investment company is not mine, it was founded by my lover."
"Who is your sister-in-law?" Ma Yun was also a little nervous. If the funds did not come from the powerful Northern Paper Group, how could the stability of the investment be guaranteed?
"Bye bye." Wang Bin waved his hand quickly: "I didn't talk about my age with you two. I think Alibaba's Ma must be older than me. I was born in 1967."
Ma Yun nodded and smiled: "It is true that I am older. I was born in 1964."
Ma Huateng also smiled and said: "I was born in 1971."
Wang Bin said with a smile: "My wife is the same age as me, younger than Mr. Ma in Hangzhou, and older than Mr. Ma in Shenzhen. My wife owns a Beyond Culture and Entertainment Company, and this Beyond Internet Investment Company is a wholly-owned subsidiary of the former."
Ma Huateng thought for a while and said: "I remember that there is a very high-end online club called Chaoyue in many cities in Liaoning Province."
Wang Bin nodded: "My lover drove it."
Ma Huateng gave Ma Yun a brief introduction to the scale beyond Internet cafes. Wang Bin added with a smile. After a few words, the two Mr. Ma were relieved. For a large chain of high-end Internet cafes spread across the province, its profitability is naturally
It is impossible to escape the analysis of the two Mr. Ma. Investing 500 million yuan in two companies in three years is indeed a lot, but it is also within the scope of ability. What's more, there is a stronger and more stable Northern Paper Group as a basis. The reason
This is the reason why Wang Bin came forward instead of Ai Xiaoqing.
Ma Yun thought for a while and asked: "Mr. 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 transferred into your company account at any time. Our investment company does not participate in specific operations and does not interfere with your business development decisions. We only send specialized accountants to calculate the use of funds.
, this can be written into the agreement, that is to say, no matter how much we invest or how many shares we hold, the company is still yours, and it must be yours."
Both President Ma understood Wang Bin's subtext and were happy. Ma Huateng smiled shyly and asked, "Mr. Wang, why do you support us so much?"
Wang Bin said: "I don't understand the Internet, but I understand entrepreneurs. Internet companies must thrive under the leadership of an expert. This expert must not only understand the Internet and stand at the forefront of Internet technology and development, but also must be familiar with the enterprise's
Development, the development of the industry has a kind of fanaticism. For a pioneer, there is no way to survive without going crazy. It just so happens that I see this quality in both of you. And for me, it is not difficult to get control of your company.
, but what should I do if I get control? I have the confidence to lead a company well and maintain its stability, but I don’t have the confidence to develop an Internet company, especially an Internet company that always needs to be at the forefront of the industry. To be honest,
Although I have a computer at home, I can barely play games so far. Therefore, if I gain control, it will only slowly make my investment lose its vitality, which will eventually damage my investment and also damage it.
To the future of China’s Internet development. Why should I do something like this that has no benefit?”
The two horses smiled and nodded.
Wang Bin added: "About this investment, it will definitely involve the issue of equity calculation. My investment intention is also clear to the two Mr. Ma. But for such a big matter, I guess it will be difficult for the two of you to decide immediately.
, it just so happens that your team members are also here, you can have separate meetings to discuss and see how much of my shares you can accept. Then, we will talk tomorrow."
The two horses felt that this proposal was very reasonable, so they nodded and left.
When he returned to his team members and told the news, even the calmest people were frightened by such a large investment. It was 1999, and this was China, not the United States. Even a start-up Internet company in the United States,
It is also very difficult to get the first batch of US$4 million in investment and a total investment of US$70 million. It is different if it is a company that has been developing for many years, has a foothold in the market and shows good enough prospects.
For example, Ma Yun asked Masayoshi Son to invest, but after talking for more than ten minutes, Masayoshi Son decided to invest US$20 million. But that was because Ma Yun had already received a US$5 million investment from Goldman Sachs. It was equivalent to Goldman Sachs, a professional institution, replacing Masayoshi Son.
SoftBank has conducted preliminary analysis and judgment. Currently, Jack Ma has not reached an agreement with Goldman Sachs, and Ma Huateng has almost no investment sources.
The two Mr. Ma tossed and turned, but no matter how they calculated it, the total investment of 70 million U.S. dollars required control of the company. Judging from Ma Yun’s historical negotiations with Masayoshi Son, Sun Zhengyi paid 40 million U.S. dollars and owned 49
% of the equity was later negotiated again and reduced to US$30 million. Sun Zhengyi agreed to occupy 30% of the equity. Ma Yun later regretted it and reduced it to US$20 million. Sun Zhengyi gave in again and agreed to occupy 20% of the shares. In other words, Ma Yun obtained
Even though Goldman Sachs' $5 million venture capital boosted confidence, the total valuation of the company was only $100 million.
When they met the next day, the two Mr. Ma unanimously chose to reject the total investment of 500 million yuan, because they did not want Wang Bin to have absolute control of the company, because the 500 million yuan, no matter how small the equity given, would not be low.
Even if Wang Bin said that he would not interfere with the company's operations and could even write the terms of the agreement into the agreement, the two of them were not at ease. Apple's founder Steve Jobs was ousted in 1985
The case of Apple is something that makes almost all ambitious Internet founders feel sad and strictly avoid it.
Wang Bin smiled: "I think it's not that you two don't want this investment. No one will think that the investment is small. As Mr. Ma of Alibaba said, Han Xin is ready to order troops. I think you are still worried about the issue of corporate control. So.
I have a second plan here. I also have the first capital of 30 million yuan. After you complete the set goals, you will invest a total of 500 million yuan or part of the foreign currency in the next three years. We can discuss this in detail. In terms of equity, we only hold 10
%, but this equity cannot be diluted. Do you agree?"
This chapter has been completed!