Compared with before, Lin Fanneng could vaguely feel that Yang Zhiyuan and Sun Zhengyi's attitude towards him seemed to have changed a little.
This change is not particularly obvious, it is very subtle and cannot be noticed if you are not paying attention.
Maybe in their eyes, I was just a lucky guy who got lucky.
You are guarding a golden mountain in vain, but you have no rules when it comes to investing, making random investments.
The investment in Ali was nearly 700 million US dollars, which almost drained all the working capital and even required equity pledge loans.
Now, they still invest in Ali, but in their minds, they may be rational and think twice before making a move.
After exchanging pleasantries with the two of them, Lin Fan sat down beside him.
Jack Ma sat at the front seat with a smile and said, "Now that everyone is here, it's time to talk about some things."
Lin Fan glanced at Jack Ma, who smiled at him and said slowly: "Just a few days ago, Paipai.com was officially launched!
Mr. Lin, you were in Luxembourg at the time, but you may not know that this website is an e-commerce website launched by Penguin.
I think Penguin saw that the domestic e-commerce market was booming and wanted to get a piece of the pie.
In Bonima, QQ has the largest number of users and a gold mine of traffic. If we introduce this traffic into the e-commerce market, we can make a lot of money."
Speaking of this, Jackma sneered again and again, "I just want to say that he was wrong, and he was terribly wrong."
Son Zhengyi glanced at Lin Fan and said with a smile: "Mr. Lin, do you understand the meaning behind eaby's acquisition of Snap?"
Lin Fan and Sun Zhengyi looked at each other, not knowing what the other wanted to express.
Son Zhengyi smiled and waved his hand, "Mr. Lin, don't get me wrong, Skip has been sold, and Lin Capital will soon become a shareholder of Ali.
Let’s discuss the matter and analyze the deeper intentions. Because I found that there are many similarities between eaby’s acquisition of Sky and Penguin’s launch of Paipai.”
Yang Zhiyuan nodded, "Yes, one entered instant messaging from e-commerce, and the other entered e-commerce from instant messaging. I guess the core idea is to direct the traffic of instant messaging to e-commerce business."
Lin Fan smiled and said: "It should be similar to what you said, but I think Ahri has been operating in the e-commerce industry for so many years and has laid a solid foundation in terms of brand, technology, human resources and other aspects.
If Penguin comes to provoke me, he won't gain anything."
Jack Ma was very satisfied with Lin Fan's words and smiled, "Mr. Lin, in fact, what you mentioned are the core competitiveness of an e-commerce company. Ahri has been investing manpower and money in this to improve our
product and service."
"Actually, Paipai.com is nothing to be afraid of."
Jack Ma glanced at the three of them, "I don't have any other requests. I just hope that when the equity investment funds are delivered, the three of you can do it as quickly as possible.
With sufficient ammunition, our brothers and sisters fighting on the front line will have higher morale and stronger combat effectiveness."
Lin Fan pursed his lips and smiled. Jack had been making such a big circle for a long time just to collect the money.
"Lao Ma, don't worry, our Lin Capital will transfer the money to Ahri's account as quickly as possible."
Lin Fan was the first to take the lead, and Yang Zhiyuan and Son Zhengyi also expressed their stance that they would never waste time on the delivery.
Jack Ma smiled and said nothing. If he didn't come up with a powerful imaginary enemy, would you be so efficient with your money?
…………
…………
The next day.
In a luxury hotel in Lin'an, Ali held a grand press conference for its Series D financing.
The audience was packed with seats. The first row were Lin'an's leading cadres at all levels; the second row were invited Ali partners and Zhejiang business owners; and behind them were Ali employees and reporters from all walks of life.
The cameraman in the audience set up a long gun and short cannon, aiming at the four figures on the stage.
Jack Ma stood in the middle, wearing a black suit and tie with a small red flower tied on his chest, looking very festive.
Lin Fan stood on the far left next to Jack Ma, who was a head shorter than him. He was also in a suit and leather shoes. He looked dashing and handsome, taking away a lot of Jack Ma's limelight. He was more of a protagonist than Jack Ma, who was standing in the middle.
Yang Zhiyuan and Son Zhengyi stood on the right side of Jack Ma, both looking at the audience with smiles on their faces.
Behind the four people, a huge electronic display screen also read the following words: Press conference on Ali’s D-round financing of US$1.86 billion.
After the ceremony, Lin Fan, Jack Ma and others sat on the four chairs arranged on the stage and began to accept questions from reporters in the audience and interact in a friendly manner.
As the founder and CEO of the company, Jack Ma was asked the most questions. His witty remarks and golden sentences frequently made the audience laugh.
Lin Fan had just reaped the huge rewards from Skip's exit, and now he has once again invested heavily in Ahri, which also attracted many questions from reporters.
"Mr. Lin, I heard that in Ahri's current round of financing, Lin Capital will invest a total of US$700 million in Ahri. With such a high amount of investment, do you and your investment institutions feel any pressure?"
After the reporter asked the question, many people in the audience looked at Lin Fan. His young face was in sharp contrast to the group of old men next to him.
Because of this, he has always been the most popular and popular among the media.
Lin Fan took the microphone and replied with a smile: "If you say there is no pressure at all, it would definitely be a lie.
But when it comes to pressure, it’s actually not that big, and the US$700 million investment is just the beginning of Lin Capital’s heavy investment in China.”
US$700 million, just the beginning?
The reporters in the audience were dumbfounded. This statement may seem pretentious, but it depends on who is saying it.
For a person who has just made over 300 million US dollars and still has billions of dollars in his pocket, 700 million US dollars is definitely not a big number.
The reporter asked again: "Mr. Lin, when you say heavily invested in China, do you mean that Lin Capital will focus on investing domestically in the future? Which aspects and fields does the investment specifically refer to?"
Lin Fan smiled, the young man had an easier road, and this was what he was waiting for.
"The domestic economy is booming. As a Chinese, I also hope to join the economic construction of the motherland.
As a full investment chain platform, Lin Capital covers all stages of projects from angels to VC to PE and the secondary market.
Therefore, my personal definition of Lin Capital is a facilitator, helping various domestic industries to take off.
If an entrepreneur wants to turn a creative idea into a product or service and improve social efficiency, Lam Capital Angel Fund can invest in them;
For companies that already have a small foundation and are eager to obtain funds to make the company bigger, Lam Capital's VC funds can invest in them;
For companies with fully mature businesses, or listed companies, their goal is to be at the forefront of the country, or even the world, and Lin Capital's PE funds can invest in them.
There are no absolute restrictions on the areas of investment. At present, we invest more in technology and the Internet, but we do not exclude industries such as biology, industry, and education.
All in all, we invest in industries that can create value for society and bring returns to shareholders!"
Lin Fan's words are still relatively general. Many people only remember that Lin Capital seems to have many funds. Large companies also invest in it, and small companies do not dislike it.
The next reporter asked: "Mr. Lin, could you please disclose the asset management scale of Lin Capital?"
Many people were very concerned about this answer. Even the three Jack Ma people on the stage couldn't help but look at Lin Fan.
"Four billion dollars!"
Lin Fan blurted out without hesitation.
Someone in the audience exclaimed, and the boss sitting in the front row responsible for attracting investment had his eyes shining.
"Are these all your own money?" the reporter asked again.
Although most of it was his own money, Lin Fan didn't dare to admit that he was too big to attract attention.
His purpose is to demonstrate the strength of Lin Capital without being ignored.
Lin Fan had already thought about the answer and replied with a smile: "How is that possible? Let me introduce the operation model of the fund. The Stanford University Foundation, Mr. Bill Gates' Waterfall Investment, etc. are all our investors...
"
After listening to Lin Fan's introduction, many people in the audience understood that these funds did not belong to Lin Fan personally, he was just a manager.
However, the funding institutions are quite big.
The boss in the audience who was responsible for attracting investment frowned, most of it was American money, it was not easy to handle!
All funds are registered in the Cayman Islands and use a nested shareholding structure.
Lin Fan dared to say that as long as the state machinery did not make great efforts to investigate, ordinary people and ordinary units would not be able to figure out the inside story of Lin Capital.
He now wants to invest in domestic industries. It is necessary to show off his muscles in a reasonable way, but he cannot attract a bite from the evil wolf.
Lin Capital is still very mysterious to most people. The impression is that it is rich and very rich.
As reporters asked questions one after another, Lin Fan explained in various easy-to-understand terms, and the mysterious veil of Lin Capital was lifted layer by layer.
A reporter asked with a smile: "Mr. Lin, Lin Capital has invested in so many domestic industries, won't most of the money it will earn in the future be made by foreigners?"
This question is a little bit pointed. If you don't answer it well, your personality will easily collapse and you will be regarded as a comprador.
Lin Fan pondered for a moment and replied: "But in this process, our industry has truly made progress.
Sacrificing short-term profits, after developing into a world-class enterprise and mastering world-class technology, we can still sell things abroad!
In addition, these enterprises also provide jobs and a high-level talent reserve for the country.
In the long run, this will also enhance the country’s soft power.
After all, you can’t have your cake and eat it too, you can only catch one or the other in the short term.
But I believe that in the future, China’s financial capital can be invested in overseas markets.”
For today's financing press conference, Ahri has put in a lot of effort, not only spending a lot of money on travel expenses, but also using various human connections to invite so many well-known national media to be present today.
But all this hard work seems to have been made into someone’s wedding dress!
Jackma looked sideways at Lin Fan, who was talking to reporters.
According to this little brother, Lin Capital has become the national capital to revitalize China's technology industry. It will also raise billions of dollars from American and global investors, and then invest the money in China to help various domestic projects.
The technology industry is taking off!
The reporters also fell in love with this trick and were stunned by Lin Fan. They kept asking questions and giving Lin Fan advertising opportunities.
Jack Ma hurriedly gave the host a look, and that was pretty much it.
The host understood, interrupted urgently, and handed over the question-answering rights to Jerry Yang.
Lin Fan was still a little unsatisfied, but when he saw Jack Ma's sad little eyes, he suddenly understood that he was a bit presumptuous.
Well, he actually did it on purpose.
Ahri’s big deal has attracted a lot of attention. It is foreseeable that domestic entrepreneurs will discuss Ahri’s huge financing for a long time to come.
I chose to advertise here because the time and location are perfect.
As for Renhe, Jack Ma is a broad-minded person and will definitely not mind.
The reason why Ahri claimed that the financing amount is as high as 1.86 billion US dollars is actually to attract attention.
Excluding the US$570 million spent on the transfer of old shares, Ahri’s real financing was actually only US$1.29 billion, including US$500 million from Yahoo China and US$360 million from Taobao shares injected into Ahri.
The actual cash flowing into Ali was only US$430 million.
The reporters who asked questions later kept asking Yang Zhiyuan and Son Zhengyi about the details of transactions such as Yahoo China and Taobao equity.
In order to cooperate with Ahri's promotion, the two gave very general answers and avoided going into details.
When the press conference ended, Lin Fan prepared to leave with his personal bodyguard Zhang Chenguang.
"Mr. Lin, wait!"
Jack Ma chased after him from behind and stopped Lin Fan.
Lin Fan is a little embarrassed, why didn't he just give you Ahri an opportunity for advertising exposure? He shouldn't be so narrow-minded, right?
"There will be a thank you lunch later, why are you leaving in such a hurry?"
Jack Ma walked up with a smile and wanted to put his arm around Lin Fan's shoulder, but found that he couldn't reach it, so his hand froze in mid-air, so he temporarily changed it to patting Lin Fan's shoulder.
"Oh, I have to go to the Magic City. There are two contracts to be signed there."
After all, Lin Fan was still too thin-skinned and wanted to run away after pretending to be cool.
A real master will definitely stay for lunch before leaving.
"If you're not in a hurry, let's have lunch before leaving!"
Jack Ma lowered his voice and said, "I owe you a favor."
Lin Fan looked at Jack Ma, who sneered, "You know, China is too particular about human relationships. The leader in charge of investment promotion has asked me to entertain you, this distinguished guest, no matter what..."
Jack Ma didn't hide anything and told everything.
If Lin Fan is willing to stay, he will also have face with the relevant leaders. After all, Ahri is in someone else's territory, so the relationship must be well established.
And if Lin Fan still insists on leaving, he won't blame him. He just wants to explain the matter clearly and leave the choice to Lin Fan.
"Okay, let's have lunch before we leave."
Hearing Lin Fan's readily agreed, Jack Ma was a little dissatisfied at first that the other party had stolen Ahri's limelight, but now he was dissatisfied.
In the private room of the hotel, Jack Ma introduced Lin Fan and the leaders of Lin'an to get to know each other. They drank and exchanged glasses, exchanging cups and glasses, and started a business exchange of compliments.
Until he left the meeting, the leader in charge of investment promotion in Lin'an did not make any request that would make Lin Fan feel embarrassed. He just said a few words that he hoped Lin Capital would consider investing in Lin'an companies in the future, and even asked Lin Fan for a business card.
The other party's restraint and restraint won Lin Fan a lot of favor.
…………
…………
After the luncheon, Ahri arranged for a driver and special car to take Lin Fan to the Magic City.
After arriving in Shanghai, Lin Fan first went to Tudou.com and together with Wang Wei and Breyer signed the formal contract for Tudou's Series A financing.
This round of financing totaled US$15 million, and Axel invested US$10 million to obtain 13.33% of Tudou.com.
Lin Fan arranged for Jingzhe Fund to invest US$5 million, and together with Rainwater Fund’s shareholding, the shareholding ratio still maintains 33.33%, neither increasing nor decreasing.
After the agreement was signed, Wang Wei, who was wearing a white shirt and always dressed in a literary style, said in a joking tone: "Jing Xing, Tudou has offended Sequoia and SoftBank to death this time. You will have to do it later."
Support us."
Lin Fan smiled. Wang Wei's words were a bit exaggerated. SoftBank and Sequoia had indeed contacted Tudou, but the conditions they offered were not as good as those of Lin Capital and Axel.
If you really want to offend someone, it is Lin Capital. Axel offended his peers, and the crime cannot be pinned on Tudou.com.
Lin Fan smiled and said: "Don't worry, Lin Capital has recently received a large amount of funds, and it will be no problem to invest all the way to the listing of Tudou.com.
If you need funds, you can just say hello at any time. We have been cooperating for so long, and we know each other well. If you can trust me, I can trust you."
Wang Wei laughed "haha". He actually wanted to get something right from Lin Fan's lips.
Lin Fan personally made two to three hundred million U.S. dollars from Scape, and Lin Capital invested 700 million U.S. dollars in Ahri. He had heard both of these two pieces of news.
Such a thick golden thigh, you have to hug it quickly.
Although he is an artistic young man, it does not mean that he does not understand the ways of the world.
Lin Fan holds one-third of the shares of Tudou. It can be said that he and Lin Fan are tied together, and both will prosper and lose.
After seeing Lin Fan's news on the front page these days, he was even happier than Lin Fan himself.
The two were talking in Chinese, but Breyer couldn't understand. Seeing the two laughing and joking, he hurriedly asked Lin Fan in English. 鵵婲小徾网
So, Lin Fan repeated it to Breyer again.
The reason why Axel invested in Tudou was firstly because he was recommended by Lin Fan, and secondly because it was highly benchmarked against oil pipes.
After listening to Lin Fan's retelling, Breyer raised his hand and said, "Wang, you don't have to worry at all. Axel has also recently raised a new fund, with a scale of no less than 500 million US dollars..."
Breyer also started to show off his strength, while Lin Fan quietly watched from the sidelines as he showed off his strength.
Axel is also a long-established investment institution. Due to the impact of the Internet bubble, investors such as the Yale University Foundation withdrew large sums of capital and experienced a period of trough.
As Facebook's prospects gradually become brighter, starting this year, Axel has started to shake things up again, raising new funds and increasing the frequency of transactions. The dusty brand is being polished bit by bit.
Wang Wei and Breyer chatted, while Lin Fan looked at the newly moved office building of Tudou.com. The place is located in XH District. Through the huge floor-to-ceiling windows, you can see the tall buildings outside. Compared with the original abandoned factory building with dim light,
The renovated office has greatly improved the working environment.
"Mr. Lin, actually I still like the old office, but I heard from HR that the old office environment was too bad. When a girl came for an interview, she turned around and left..."
Lin Fan quickly stopped and said, "Stop talking about it. Even boys were scared of the environment you were in. If you didn't know, you would have thought it was a filming set."
The corner of Wang Wei's mouth twitched. When Lin Fan reminded him, he remembered something and said, "I recently heard from employees that, well, unhealthy videos have been uploaded to the platform..."