Lin Fan woke up from the bed, rubbed his eyes, and struggled to get up.
After washing up, he went to the living room. Lin Fan had a simple breakfast and tidied up briefly. Lin Fan dialed Zhang Chenguang's number.
The other party was already waiting for him downstairs. Knowing that he had drunk yesterday and probably got up late, he didn't dare to call to wake him up.
Lin Fan went downstairs, got in the car, and came to Lin Capital.
As soon as he arrived at the company, Lin Fan turned on his computer and checked today's market and financial news.
After a while, Liu Hai knocked on the door and walked in, reporting on his work.
"Focus Media and Baidu have submitted prospectuses and are about to start road shows. Mr. Lin, how much should we subscribe for?"
Lin Fan said: "Tune to the same level as Google!"
Liu Hai said: "These two companies are quite popular. I guess there will be some rushes during the road show."
"Then buy in the secondary market until the position is full."
Liu Hai nodded and did not question Lin Fan's decision. Apart from the fact that the other party had really good vision, Chinese concept stocks were indeed rising very well, and the financial reports were getting better and better every quarter.
In the words of the boss, this is called "Internet development dividend". China's Internet users continue to grow, and the Internet industry is booming.
After Liu Hai left, Lin Fan checked his work email and replied to the email.
“...Android’s due-tuning work has entered its final stages, and the following issues have been discovered.
First, there is an urgent need for a capital injection to expand the R&D team and rent new offices.
Second, a CFO needs to be dispatched to monitor the outflow of funds; a CH needs to be dispatched to help the original team recruit people..."
Lin Fan read the email carefully, it was from the Liqiu Fund team.
This employee used to work in a mergers and acquisitions fund, and was recruited by Lin Capital with a high salary. He is very good at mergers and acquisitions operations.
In the email, in addition to suggesting that the boss keep his money and official hat in check, he also affirmed the technical team and attached the opinions of a third-party technical investigation company.
After Lin Fan finished reading, he replied to the other party with his handling opinions, and then started reading other emails.
The VC department was established earlier, with more than a dozen people, and it is already fully operational, with investment managers looking for projects everywhere.
These employees sent various business plans to Lin Fan's mailbox, and also attached their own views and opinions.
Not every project can go to him. These are all selected by employees once and only if they think they are good can they be sent to his mailbox.
It's not that he's lazy, it's that there are too many business plans and he can't even read them.
Lin Capital is not just an unknown person in the United States.
Thanks to Lin Fan, Lin Capital is well-known among young entrepreneurs in the United States.
Facebook is valued at tens of billions of dollars, and Lin Fan has made a lot of money from it.
Of course, some racists still regard him as an enemy and feel that he has robbed the United States.
Lam Capital has also set up an official website and attached an email account so that entrepreneurs can freely submit business plans.
In addition, Lam Capital also opened a corporate account on Facebook, established a public homepage, and paid for a round of promotion.
The advertising target is very precise, targeting students at Ivy League schools and employees of Silicon Valley technology companies.
These two types of people are the hardest hit areas for technology entrepreneurs. They either have ideas or experience.
After spending a lot of advertising money, Lam Capital's Facebook account has accumulated 500,000 fans.
Therefore, even if you don’t look for projects, entrepreneurs themselves will come to you.
The staff of the Liqiu Fund were the ones who suffered. There were so many business plans that needed to be reviewed that they were too numerous to count.
There is nothing else to do every day except reading the business plan.
This is what Lin Fan requested, read more business plans, develop a sense of business, read countless ppts, and distinguish good from bad at a glance.
Except for a few industry veterans, the employees of Liqiu Fund are all new recruits.
Although they are said to be newcomers, they are actually older than Lin Fan.
And each resume is more glamorous than the last.
Ivy League graduate, plus at least two years of experience in investment banking and consulting companies.
College graduates with no experience are directly rejected. In the venture capital industry, it seems that everyone is in trouble every day, but the threshold is not low.
Investment banks, on the other hand, only deal with listed companies and quasi-listed companies, all of which are successful entrepreneurs. On the contrary, they are more suitable for young people to gild and lay the foundation.
The reason why Lin Fan chose to recruit a group of newcomers was because he wanted to see if he could train talents by himself, and to find out a mature method of training talents.
For a venture capital institution, this is also a foundation.
After reading over a dozen business plans today, Lin Fan shook his head. It was the same as before, with no results.
According to statistics from the VC department, more than 5,000 business plans have been received, and almost 5% have been sent to him.
But until today, Lin Fan has not seen a company whose name he remembers appear in his mailbox.
For well-known entrepreneurs in previous lives, it is possible that they did not submit their business plans, or they might have submitted them, but the employees who were not very good at them missed it and did not come to him.
There is no way to do this, we can only cultivate it slowly.
I spent the whole morning reading various financial news and reviewing and replying to emails.
During this period, Lin Fan received several calls, but none of them were from Jack Ma.
Do you want to call him yourself? Or is there something unexpected?
Lin Fan was a little hesitant.
He thought for a while, Ma Yun was here to hold the Huayuan Technology Annual Conference, and Deng Feng, the host, must be accompanying him. Just ask the latter.
So, he dialed Deng Feng's phone number.
"Mr. Deng, are you going to accompany the big bosses in China today?"
"Here, I'm taking them to visit the Netcom company, do you want to come over?"
"Is Jack Ma in the same group with you?"
"No, he told me that something happened and he would not join us today. He would come over on time for the annual meeting tomorrow."
"Oh, what about Jerry? Is he with you?"
"No, I'm so busy and in charge of such a big company, how can I call you around?"
"Okay, that's it. Goodbye, Mr. Deng!"
"Remember to come to the meeting early tomorrow, you will be the keynote speaker again this year!"
"Okay~"
Lin Fan hung up the phone and thought, "What is Ma Yun doing here?"
This is definitely not normal!
No more waiting, Ma Yun wants to raise the price from the ground up, and he will have to make a phone call to find out what he wants.
Lin Fan, who was afraid of delaying the opportunity, called Ma Yun.
On the other side, Ma Yun was standing at the airport pick-up gate. Suddenly the phone rang. When he picked it up, he saw that it was Lin Fan.
When he was hesitating whether to answer the phone, Yang Zhiyuan next to him smiled and said: "Yes, why don't you answer the phone? It's Lin Fan calling, right?"
Ma Yun’s first feeling was that there was a spy!
Jack Ma thought for a moment and immediately understood the many twists and turns inside.
When he called Masayoshi Son last night, he revealed Lam Capital’s idea of investing in Ahri.
The rhetoric has also been carefully modified.
He told the story in detail, how Lin Fan got involved in financing at the golf course, and the detailed discussion between him and Lin Fan at the dinner table.
In his explanation to Masayoshi Son, Lin Fan had a very strong intention to invest in Ali and was willing to pay a higher price than Yahoo.
In fact, what he and the management are most worried about is the SoftBank-Yahoo alliance.
Not only Lin Fan saw this, but they were not stupid and had already thought of this.
This was also an important reason why they were willing to talk to Lin Fan.
Before, I had no choice. Even if I knew it was a candy filled with poison, I had to swallow it and accept Yahoo's investment.
After all, survival is the first priority. Only by surviving can we slowly consider and solve the hidden dangers of corporate control.
Of course, these things involve malicious speculations about SoftBank and Yahoo, so naturally we cannot tell Masayoshi Son.
So he made up a cover, and Lam Capital was willing to pay a higher price than Yahoo.
From this perspective, starting negotiations with Lam Capital will be beneficial to Ali's management, SoftBank, and other shareholders.
This reason is so impeccable that Son cannot find fault.
Originally, their deal with Yahoo was about to come to an end, but Lin Fan suddenly intervened.
He and the management are happy to see this, but Son is not necessarily so.
Moreover, Masayoshi Son was the one who brokered the deal between them and Yahoo, playing a crucial role in this D round of financing.
In addition, although Masayoshi Son previously had the idea of jumping out of the car, he planned to cash out and leave.
But with the entry of Yahoo, this person changed his mind.
Therefore, they cannot hate Masayoshi Son.
In the final analysis, Lin Fan's legs are not thick enough.
Jack Ma did not dare to offend old shareholder SoftBank and potential investor Yahoo just because of Lin Fan's few frivolous promises.
The situation is very complicated. He and Cai Congxin discussed it very late last night and neither came up with a particularly feasible plan.
The final result of the discussion is to act according to circumstances!
After Son Zhengyi learned about the news of "Lin's Capital disrupting the situation" last night, he did not express too many opinions. He just asked Ma Yun to suspend contact with Lin Fan. He would fly to the United States on the earliest flight that night to meet with Ma Yun for detailed discussions.
Early this morning, Jack Ma and Cai Congxin did not go to meet domestic entrepreneurs. Instead, they came to Ali's office in the United States and held a secret meeting with the domestic team.
It wasn't until noon that Ma Yun and Cai Congxin rushed to the airport to greet him when they learned that Son's flight was about to land in San Francisco.
As soon as we arrived at the airport, Jerry Yang called and came to join in the fun.
Originally, Ma Yun didn't think much about it, because Masayoshi Son was kind to Yang Zhiyuan, so it didn't matter if he took the opportunity.
But the other party was now so sure that the call was from Lin Fan, which had to make Ma Yun think more.
He guessed that the two parties must have been angry at the agreement beforehand, and even the offer from Lam Capital might have been passed on to Yahoo by SoftBank.
Since Yang Zhiyuan made everything clear, Ma Yun stopped pretending and immediately answered Lin Fan's call.
"Hey, Mr. Lin~"
Ma Yun said with a smile, and glanced at Yang Zhiyuan, whose face was neither happy nor sad.
I thought to myself, Lin Capital must not be cowardly, otherwise Ahri’s D-round financing will be in danger.
"I heard that you went out. Where are you? Let's have dinner together tonight?"
"Jerry and I are at the airport, picking up Mr. Son Zhengyi. There is no need to eat for the time being, business is important."
Jackma deliberately revealed some information to Lin Fan, hoping that the latter would figure it out for himself.
Lin Fan naturally heard the implication. Son Zhengyi has come to the United States? And he will arrive soon?
This shows that the other party attaches great importance to Ahri's matter, and almost got on the plane the same night after receiving the message.
This efficiency can be regarded as vigorous and resolute.
Jerry Yang also came to pick him up at the airport.
What is he trying to do? Masayoshi Son still wants to convince Ahri and Yahoo to do a deal?
While digesting the information, Lin Fan said: "Let's talk carefully, Jack, Lin Capital is very supportive of you.
If we can't reach an agreement, you can arrange a meeting between me and Mr. Son."
Lin Fan was worried that Ma Yun was not strong-willed, but if Sun Zhengyi easily convinced him, then he would have nothing to worry about.
Jack Ma smiled, he naturally understood Lin Fan's hint, which showed that the other party wanted to get involved.
Then there is room for manipulation on the valuation and quotation.
He had previously told Sun Zhengyi that Lin Capital was willing to pay a high price, which was pure deception, and Lin Fan had not given any substantive commitment.
"Okay, I understand. We will reach a result that satisfies all parties."
Ma Yun still wanted to use Lin's capital as a weight in his hand, but he didn't dare to offend Lin Fan, so he gave Lin Fan a little comfort.
After a few more Zen words, Ma Yun hung up the phone.
"Jack, I don't understand why you insist on letting Lin Fan participate?"
Yesterday there were too many people, so it was difficult for Yang Zhiyuan to ask questions. Now that he had the opportunity, he forgot Sun Zhengyi's instructions. Before the other party arrived, he couldn't help but start questioning Ma Yun alone.
Ma Yun spread his hands and said, "No way, Jerry, Ahri is a start-up company, and every penny is important to us.
Lin Fan is willing to offer a higher price, and we cannot refuse."
Yang Zhiyuan frowned and said, "How much can they offer? As I said before, after paying taxes, Lin Fan may only have more than 800 million US dollars left in the cash.
He wants to invest in Ahri, which will cause him great financial pressure.
Once Ahri's development is not as good as he wants, he may go to the market to sell Ahri's equity.
The instability of shareholders will also have an impact on Ali's operations.
The most important thing is, if he can invest one billion US dollars, can he still invest two or three billion US dollars?
It's impossible for him, only Yahoo has this strength."
Jack smiled and didn't answer.
What Jerry Yang said is true. They have also considered that compared to financial resources, Yahoo must have stronger capital than Lin's capital.
However, the scene that happened earlier made him more vigilant.
Sun Zhengyi would rather ignore the overall interests of Ari shareholders, but also collude with Yang Zhiyuan in private.uuReading www.uukanshu.com
It is very possible for the two of them to form an alliance to deal with themselves together in the future.
He understands what Son is doing because the other party still has shares in Yahoo.
Yahoo's entry has strengthened Ali's strength. Son Zhengyi holds shares in both companies, which is equivalent to integrating the resources in his hands and earning more in terms of interests.
But this approach undoubtedly treats Ahri as a chess piece to be manipulated at will.
If it weren't for Lin Fan, Ma Yun would just pretend to be crazy and admit it with his nose pinched.
But now that we have cards to play, we naturally have to find a situation that is most beneficial to the management.
After chatting with Yang Zhiyuan for more than an hour, a little old man with a Mediterranean hairstyle and a height of only 1.5 meters appeared at the passenger passage.
Sun Zhengyi saw Ma, Yang and Cai at a glance and waved to them.
When the three of them saw the rightful owner arriving, they hurried forward to greet him.
"Jack, Jerry, Joseph, long time no see!"
Son Zhengyi and the three of them hugged each other, looking extremely happy and almost bursting into laughter.
After exchanging a few words, the three of them led Sun Zhengyi out, followed by several of Sun Zhengyi's assistants.
"Jack, what's going on? We didn't have a good negotiation with Yahoo. Why did you regret it at the last moment?"
Son Zhengyi said with a straight face: "Don't China pay attention to the culture of gentlemen? This is not the behavior of a gentleman."
Yang Zhiyuan smiled lightly, the person who treated Jack Ma finally arrived.
Ma Yun shook his head repeatedly, "We haven't signed the contract yet, so it doesn't count as going back on our word."
Then he looked righteous and awe-inspiring, "On the contrary, as CEO, I am thinking about the interests of all shareholders."
Jack Ma's reason was very strong, and Son could not refute it. He waved his hand and said, "Let's go, let's talk in detail when we get there!"