Section 76 Friends of China's Internet Industry (Part 2)
After hearing Wang Bin's new proposal, the two Mr. Ma discussed it separately for another night.
Jack Ma, who has a brighter profit outlook, hesitates a little, but Ma Huateng has already approved the agreement.
In fact, from the perspective of historical development, Wang Bin or Wang Ai's agreement is also sincere. In 2011, Alibaba, which had already made huge waves in Chinese society with Taobao, received a US$1 billion investment from Yahoo.
, the shareholding actually reached 40%! At this time, Alibaba’s self-development ability was already very strong, and Yahoo’s investment only accelerated its expansion process.
More than ten years ago, in 1999, the total investment was US$70 million, accounting for only 10% of the non-diluted equity, which was already a very favorable condition. After all, 10% of the equity was only US$250 million more than ten years later. This is
After more than ten years of development, it is easy to convert 70 million US dollars into 250 million US dollars, which is only 3.6 times. Even if you buy a house in Beijing, the house price within the third ring road was 3,000 per square meter in 1999, and it reached 58,000 per square meter in 2011.
Flat, it has increased 20 times. Compared with the steady growth of housing prices, investing in an Internet company with an uncertain future and high risks, quadrupling in more than ten years, is simply a waste.
Therefore, Jack Ma did not hesitate for long, and happily signed an agreement with Beyond Internet Investment Company represented by Wang Bin. This agreement satisfied the two companies for more than ten years. Until the two companies were listed in the United States,
Only after the total market value exceeded 400 billion US dollars did some noise appear. After all, the value-added speed from 70 million to 40 billion was too fast.
But as soon as the noise came out, it was strongly suppressed by the two Mr. Ma. Even the Buddhist Ma Huateng was not polite. This kind of pink eye is indeed not conducive to the development of the company. Besides, 10% of the shares of Beyond Internet Investment Company have never been sold.
However, no matter what wind and rain they encounter, they remain motionless. In other words, they are optimistic about the development of their company, but they have never thought of selling their shares to make a profit, even if it is worth 40 billion? So what? For such long-term holders,
The market value is just a reference, because the stock market has ups and downs. It is normal for it to be 400 billion today and 200 billion tomorrow. In the past ten years, what Beyond Investment Company has received is only a little company dividend and the salary of Wang Bin's independent director.
What many new employees who make noise don't notice is that all first-generation entrepreneurs make no noise at all, because they know many things that those who come after them don't.
For example, after injecting such a huge amount of funds into Beyond Internet Investment Company, it never interfered with the operations of the two companies; when there were disputes within the company, it never intervened, but always stood silently behind the two President Ma.
.
What's more important is that in the early stages of the development of the two companies, Wang Bin's group of companies gave the two Internet companies great help, even help that is difficult to measure in terms of money. For example, after the historic meeting, Wang Bin brought the two companies together.
Mr. Ma persuaded Mr. Ma to stay and invited the two Mr. Ma to attend the celebration reception after the signing of the agreement between the three major paper-making groups. This was an extremely rare opportunity for the two Internet companies in their early stages to expand their network.
There are leaders from the National Development and Reform Commission, leaders from the Ministry of Industry, and CEOs of enterprise groups with equally huge financial strength and social influence.
Although the two companies did not seek more investment during this meeting, and did not need it for the time being, their network of contacts was greatly expanded. From then on, until the two companies established their respective footholds, as long as Wang Bin attended any major events
During business activities, I would call the two Mr. Ma and ask them if they were interested in participating. In other words, it was Wang Bin who took the two of them to play at this time. And because of Wang Bin's leading role, they quickly came into contact with a wide range of people.
At the political and commercial level, it has also received more investment from Chinese companies. Of course, due to Wang Bin's leadership and encouragement, these Chinese companies that invested in the two companies also expressed high respect for Wang Bin many years later.
At the same time, at the critical stage of the development of the two companies, the Wang family business also gave unsparing support. For example, as overseas returnees gradually entered the Chinese market, MSN was the biggest rival of Tencent's core business QQ in the early stages of development. Although MSN China in 2005
was officially established, but this is the official website of MSN. It does not mean that MSN chat software is in China. In fact, on the Chinese Internet in 1999, there were no fewer people using MSN than QQ. The former was mainly promoted among high-end people, while
QQ is used by real Internet beginners. Although the two softwares are obviously more user-friendly than QQ, they cannot withstand the early development of MSN. It has established a strong stickiness among people with a background of overseas returnees because of their friends.
During this difficult stage of QQ's development, after receiving capital injection from Beyond Internet Investment Company, a series of Internet cafes across Beyond began to completely uninstall MSN and install QQ. In 1999, there were only 4 million Internet users in China, and only 1.46 million computers with Internet access. Among them, Beyond
Internet cafes account for one-sixtieth. However, the characteristic of Internet cafe computers is that each computer has an average of more than ten users. This is equivalent to QQ having a fixed user group of 300,000 in one month, accounting for ten percent of the total number of Internet users in China that year.
one third.
More importantly, with the high-density coverage of Beyond Internet Cafes in Liaoning Province, QQ has established a firm foothold in Liaoning Province and has a stable user base. After the high-quality users of Beyond Internet Cafes generally use QQ, through their interpersonal relationships
It began to extend to a wider range of high-end people. In the end, QQ relied on the support of local high-end people to defeat MSN, which was supported by high-end people returning from overseas.
During the critical period of Alibaba's development, it also received strong support from the Wang family enterprises. At the beginning of Taobao's establishment in 2003, the products of two well-known enterprises, Northern Paper Group and Stupid Food, announced their presence on Taobao in a high-profile manner. They were large domestic enterprises.
Among them, those who were the first to establish their own official flagship store were also the first to become Tmall members. This driving effect gave Taobao merchants and buyers a great deal of confidence, and Taobao's merchants were able to sell Taobao's products almost instantly.
The situation has stabilized. At the same time, Sihai Logistics, which was independent from the Northern Paper Group at that time, highly supports Taobao's product distribution in the three eastern provinces of Inner Mongolia, eastern Inner Mongolia, and the Beijing-Tianjin area, with the characteristics of high density, high strength, high speed, and high security.
This greatly solved the logistics dilemma in the early stages of Taobao's development. It is precisely because of this strong support that Taobao was the first to gain a foothold in northern China.
More than ten years later, a person who worked for the two President Ma discovered the existence of Wang Bin, so he published an article "The Father of China's Internet Industry" in "China Economic Weekly", linking Wang Bin and
The relationship between the development of China's Internet industry was analyzed, and this industrial boss was highly praised for his continuous investment and strong support for the Internet industry over the years. As soon as the article came out, not to mention how ordinary netizens paid attention, none of the Internet giants
He opened his mouth, as if he had acquiesced in this. After all, the powerful Beyond Internet Investment Company is already recognized as an incubator of China's Internet industry.
Unexpectedly, a few days later, Wang Bin, who was busy in his busy schedule, took time out to visit the magazine. The editor-in-chief of the magazine personally accompanied him. He was inevitably uneasy about the sudden visit of this famous deputy to the National People's Congress and vice chairman of the Federation of Industry and Commerce.
Wang Bin was interviewed by the editor-in-chief on the spot, and the interview report was published in the next issue of the magazine, titled "Wang Bin: I am just a friend of China's Internet industry."
Wang Bin publicly said that if the role of the father of China's Internet industry must exist, then it should be the scientists who have been working in computer and Internet-related technologies for decades in obscurity since the founding of the People's Republic of China. They laid the foundation for the development of China's Internet.
The foundation. At the same time, it should also be the business leaders who have led China's Internet industry through all obstacles and obstacles. Some of them are still in Internet companies, and some have left this industry. And I still don't know much about the Internet to this day. After all,
I am just a layman. To say that I am the father of the Internet industry is an exaggeration and makes me feel ashamed. At best, I am just a friend of the Chinese Internet industry, and there are many friends like me in the Internet industry.
Two days after Wang Bin's interview report appeared, a thousand-word short article titled "True Friends, Treat Each Other Sincerely" suddenly spread widely on the Internet, which disclosed for the first time the details of an important meeting at the Jingxi Hotel in the summer of 1999.
In this meeting, which was ridiculed by netizens as the "Four-Party Talks", there were not only the two presidents of Ma who later became world-famous, but also business leaders, Wang Bin, the king of Chinese papermaking, and the world-renowned football superstar Wang Bin.
Ai also disclosed some examples of how a series of enterprises such as Northern Paper Group and Tencent and Alibaba have helped each other over the years, and finally summed up the highly trusting and close cooperative relationship between the two parties for more than ten years. The most noteworthy thing is that,
The author of this article is signed "Ma Shuang" and is an unknown author who suddenly appeared.
This article is very special. Many details in it are known to outsiders for the first time, so many people speculate that it should be written by the two Mr. Ma himself. "Ma Shuang" equals "Ma Shuang", which equals "Double Horse".
However, given the status of the two Mr. Ma, it was difficult to rank them, so I simply called them "Ma Shuang". This was something Jack Ma accidentally admitted in an interview later.
The interview record of Wang Bin’s personal visit and the joint article by the two President Ma have become a footnote to Wang Bin’s historical positioning as a “Friend of China’s Internet Industry” and have also become a symbol of the rapid development of China’s Internet industry for more than ten years and the creation of countless brilliance.
A microcosm, and of course it has become a good story about the close interaction between the two parties.
