Chapter 334 Conspiracy
Squinting his eyes and looking at Liu Ting, Masayoshi Son sighed and shook his head, "I didn't expect that the two IT companies, Taobao and Alipay, in China, are also Bavc's industries. It seems that our SoftBank's business investigation is not in place. With Bavc's financial resources, these two companies have no financial problems. I sent someone to the mainland to negotiate with Ms. Liu for commercial venture capital, which really makes Bavc laugh at you."
Speaking of this, Masayoshi Son laughed a few times, not seeming to show shame and frustration, but rather was very free and easy. Looking at his attitude, Zhou Liwen couldn't help but praise her, this is the style of an entrepreneur.
Zhou Liwen has always been very low-key before, not to mention that he has been hiding behind the scenes from the beginning, and the equity has been cross-controlled through several companies, so it is not surprising that outsiders do not know that these two IT companies are also Zhou Liwen's industries. Masayoshi Son laughed a few times in self-deprecatingly, and couldn't help asking about the entrepreneurial situation and business ideas of these two companies. It's not that Masayoshi Son is still using their ideas, mainly as an entrepreneur and an investor, discussing this issue with another equal person.
Zhou Liwen did not have any idea of concealing it. She quickly talked about the original intention and idea of establishing these two companies, and also talked about the development scale and later planning of the two companies to the present location. When she heard that Zhou Liwen and Liu Ting went to the United States this time and planned to develop the business of these two companies overseas, Masayoshi Sun couldn't help but nodded in agreement, and praised Zhou Liwen's unique vision and decisive action.
"The real Internet era has only been more than ten years since the beginning, but its development prospects are very amazing. I have always been very optimistic about the e-commerce industry, especially the two IT companies of Bavc. And compared with Taobao, Alipay's creativity is even more surprising. It has created an online payment platform completely different from Western countries. To own these two companies, Bavc, it is definitely not as simple as 1l. If I read it correctly, the energy they add up is much stronger than imagined."
Facing Son's comments, Zhou Liwen smiled and agreed: "You are right. In fact, from the initial establishment time, Alipay was born earlier than Taobao. When I started this Alipay, it was mainly started with a project platform that cooperated with Shanghai Bank, to promote Or mobile sales on eBay. However, with the development of online e-commerce, Alipay's payment method has become more and more accepted by people, and you also know the current situation of eBay. So in order to ensure that I have my own online e-commerce channel, I later invested in and established Taobao. But I didn't expect that it could reach its current level in just two or three years, which is also a surprise."
"Surprises always follow the steps of successful people." Masayoshi Son said: "Although Taobao is only the second largest e-commerce in China now, from my perspective, it is only a matter of time before it surpasses the acquired eBay. Judging from Taobao's business strategy, it already has a complete and complete BE 2 model. With your Alipay as a guarantee mechanism, it is much easier for any online e-commerce to be accepted by operators and consumers in the Chinese market. To be honest, I asked me to go to China to do this venture capital, and I am interested in this, but it's a pity that there is no chance now."
Seeing Masayoshi Son shook his head slightly, Zhou Liwen said casually: "Actually, your BB is operating well in China. From this point of view, it is already Hl. If I guess correctly, do you plan to combine the three models of BBBE port 2 into one and form a comprehensive e-commerce network? Then use Alipay's advantages in the payment platform to integrate these three?"
A little surprise flashed in Masayoshi Sun's eyes. After a few seconds, he nodded frankly: "You have a good judgment. I used to have this idea. After a very detailed investigation, I found that your Taobao and Alipay are the most suitable platforms to join. Just like what I said just now, 1l is greater than 2, the addition of the three may create an unimaginable miracle, but it's a pity..."
"Actually, there is no regret." Zhou Liwen waved his hand and said, "You know I am not short of money. Judging from the current operating conditions of Taobao and Alipay, I have made profits and the funds invested are enough to cope with the development in the next few years. As for what the future will be like, Maaut, I have the same confidence as you, so venture capital is meaningless to me. As a businessman, I cannot share the wealth in my hands with others for nothing."
"Of course, I can't do it if I were myself." Masayoshi Son smiled. He was a famous stingy person in Japan. It was never possible to take out the money in his pocket for nothing. Every investment was carefully planned and judged, which is one of the reasons why he was successful.
However, as soon as he spoke, his smile froze on his face, recalling that Zhou Liwen's words just now seemed to have another meaning, and he couldn't help but turn his inquiring eyes to Zhou Liwen.
As if he had known that Masayoshi Son had such a reaction, Zhou Liwen smiled meaningfully.
"Maybe we can cooperate, and my judgment is the same as you. If the three platforms of BBBE Port 2 can be integrated together, it will definitely create an unimaginable miracle. Since everyone has the same goals, why can't they work together? Maaut, what do you think of this suggestion?
"The suggestion is good, but how to integrate it? Do you agree to let me join your two companies? Bavc, you just said that you are not so generous, why? Have you changed your attitude now?" Masayoshi Son pretended to be ignorant and asked with a smile with ease.
He cursed the old fox in secret, and he had already said so clearly. This guy was pretending to be crazy and selling something, and insisted on telling the conditions himself? Although Masayoshi Son grew up in the United States, he has been in Japan for a long time, and he also has this kind of personality. He likes to play with himself. Okay, since you like to play, Zhou Liwen is not polite and comes face to face.
Picking up the teacup and drinking a sip, Zhou Liwen said calmly: "I remember in 1999, you invested Ah Li with $360,000. In the end, the other party only accepted $260,000 and obtained 3% of the shares. I have to say that this investment is very beautiful. In 26 years, the Internet bubble burst and the stock market plummeted, but Ah Li survived the difficulties with this investment, and he has made a lot of money back from the market value later. Especially this year, the Internet began to rebound, and Ah Li's most difficult period has passed. If the 260,000 US dollars were based on the current budget, it would probably be nearly 100 million yuan?"
"It's almost the same. Ah Li has not been listed. There may be differences in this amount." Masayoshi Son replied without any objection.
Zhou Liwen smiled: "Even if there is a difference, it's okay. To be honest, is it 9.06 million or 100 million? What's the difference between this and you?"
"What do you mean?" Speaking of this, Masayoshi Son could no longer pretend to be confused and asked with a serious look.
"It's very simple" Zhou Liwen smiled and said, "I authorize Or's Japanese operations to you. You can find a way to help me get 3% of the shares of Ah Li. Whether this shares were transferred from your original venture capital or another way, there is no difference. I can even pay $120 million in cash to buy it."
"This is impossible," Masayoshi Son immediately refused, "Not to say 120 million, even 130 million US dollars, I would not sell this 3% to you. This violates my original investment purpose and intention. I invested in this venture capital not just to wait for the market value to rise to sell equity."
"Of course," Zhou Liwen was not angry. On the contrary, she was still as calm as before. He continued: "I said before, I hope we can cooperate, so I don't expect to acquire your shares. In addition, I said, no matter what method you use, as long as you achieve your goal. I heard that SoftBank is currently considering investing more than $860,000 in Ali with Yahoo? There is even an investment of hundreds of millions of dollars next? Is this the case? If it is feasible, I think SoftBank can choose me to replace Yahoo, and you and I will carry out this transaction together. After all, you know that I own Taobao and Alipay. If I can join, the summary of success for everyone is very huge."
After Zhou Liwen finished speaking, Masayoshi Son did not answer for a long time. He was quietly considering the conditions proposed by Zhou Liwen.
Ali's equity structure is relatively complex, similar to Zhou Liwen's company, but it is not as troublesome as Zhou Liwen's cross-holding company when he used several offshore companies to cross-holding. Ali only used an offshore work in the Cayman Islands as his parent company, and Ali's company in the mainland market is a subsidiary of this parent company.
Before Masayoshi Son invested in Ah Li, Ah Li received a 600,000 angel fund investment from Goldman Sachs, while Masayoshi Son invested only 3% of the equity afterwards. Ah Li's controlling stake is still in the hands of the management. If there is no change, SoftBank and Yahoo will invest more than $860,000 in strategic investment, namely SoftBank 3 Yahoo 40 Ah Li's management 3% structure.
In the next few years, Yahoo and SoftBank will further increase their investment, and Yahoo will eventually own nearly 2.0, SoftBank will own nearly 34.0, and other shares 2.0, and then add the equity structure of Ali's management shares 13.0.
Of course, everything has changed now. First of all, Zhou Liwen has created Alipay and Taobao, which has an advantage in online payment platforms, and at the same time occupies the second dominant position in mainland China's e-commerce market in BE 2 payment. Judging from the overall market value estimate, Zhou Liwen's two companies are far higher than Ali's company, and if Zhou Liwen does not join the alliance, it will be much more difficult to develop these businesses by relying on Ali on his own.
In history, the reason why SoftBank and Yahoo invested $860,000 in strategic investment, and in the next few years, increased their investments and acquired shares of Ali's parent company in the Cayman Islands was precisely because of these strategic development plans of Ali. Now that Zhou Liwen is standing in front of Ali, it is very difficult to overcome it.
Masayoshi Son was very clear about this issue. It was because of this that he sent people to China to negotiate with Liu Ting. Yahoo and even some other investors were also considering the same as him. But they didn't expect that Zhou Liwen was under control of these two IT companies.
Zhou Liwen is not cooperative, and even confronts them at that time, it will be extremely difficult to complete the strategy. Even if Ah Li finally becomes the leader in the country in BB? With just one BB business, neither Son's SoftBank nor the United States' Yahoo will invest such a huge amount of funds to continue to support Ah Li.
Investors are not idiots with a lot of money. Their money investment needs to be seen. Although venture capital has the word risk, the more important thing in its meaning is returns. There is only risk but no return, and no one can be so reckless. You should know that the 26-year Internet bubble burst just passed, and now venture capital is much more cautious, and will never easily take out the money just by relying on a project that is boasting a few years ago.
Masayoshi Son knew that Zhou Liwen had more chips than him, and the conditions proposed were relatively generous. Zhou Liwen said it very clearly. On the one hand, he took out the operation of Or mobile phones in Japan in exchange. You should know that Or mobile phones are not as good as they were back then. With the success of Or several times, it has become the first in the world's smartphone industry. Different from his past identity, of course, he also has different treatments. Zhou Liwen used to ask operators to cooperate, but now it is the operator who is begging him to come to him. As a commercial financial bank and electronic investment company, SoftBank is not very strong in telecommunications operations. At least in Japan, the choice of as an operator is far more suitable than SoftBank.
As for the second point, Zhou Liwen clearly told Son that he only had 3% of the shares, no matter where the shares came from. To be honest, when Son heard that Zhou Liwen clearly told him who the owners of Taobao and Alipay were, he backed down on Ali in his mind. Because he invested in Ali to value Ali's development prospects, but now Zhou Liwen is ahead, and Ali's development difficulty will increase several times or even dozens of times in the future. So is there any value to continue investing?
Compared with the two, Masayoshi Son felt that it would be easier for Zhou Liwen's company to add another BB business, which is also an aspect of his hesitation.
To be honest, Masayoshi Son does not deny the feasibility of Zhou Liwen's plan, but he cannot answer Zhou Liwen's question immediately. Because neither Yahoo nor Ali's side can directly influence him. As a venture capitalist, he currently only holds 3% of Ali's shares. Unless he sells this share to Zhou Liwen and makes a vote and leaves, he will have no way out for the time being. But after selling this share, Masayoshi Son is reluctant to let go. He believes that this share is completely different in his own hands and in Zhou Liwen's hands.
"I'm sorry, I can't answer you now." After considering it, Masayoshi Son sighed and said in this way.
"I know, this matter makes you embarrassed..." Zhou Liwen replied in a Japanese tone.
Masayoshi Son said: "Let me do this, let me think about it carefully, but I want to determine a problem first."
"Please say"
"If I propose cross-exchange stocks with you, what is your attitude towards Bavc?"
Zhou Liwen thought for a while and said: "I personally agree with the cross-stock exchange theory, but according to the 3% scoop share ratio, considering the company's interests, the cross-stock exchange ratio must not be higher than 0. This is my bottom line, and I will promise that after the joint holdings Ah Li, I will appropriately unite the businesses of the two major IT companies to promote further development space. Just as we just mentioned, create a miracle that has never been seen and surprising to the world."
Masayoshi Son bowed his head and said nothing. After a long time, he nodded and said, "Okay, I understand what you mean." After saying that, he stood up and said, "You have worked hard all the way, I won't disturb you to rest, so I will say goodbye first."
"Thank you for your hospitality"
Zhou Liwen stood up at the same time, bowed to Masayoshi Son with Liu Ting, and then asked Liu Ting to send him out of the room for him.
A few minutes later, Liu Ting returned to the room and saw Zhou Liwen smoking a cigarette. She sat down beside her.
"Your conditions are too harsh? After all, Masayoshi Son was a businessman who once had as much wealth as Bill. Wouldn't he be angry if you force him like this? And when I sent him out just now, his face looked a little unfair."
"Haha, it's not good-looking? It's right." Zhou Liwen smiled without caring at all: "Wealth has reached a certain point and is just a number. What about Bill? So what about Masayoshi Son? I can do what they can do now. Besides, how do you know that his face is angry if he doesn't look good? The conditions I put forward sound harsh to you, maybe he doesn't think so. Besides, if I join forces with him, the results he has achieved are exactly what he dreams of."
Liu Ting frowned and shook her head and said, "I don't know this, but you are really sure of this? You won't be able to backfire, right?"
"Back off? Haha, so what if that's the case? Our advantage is much greater than that. Besides, you don't know Masayoshi Son, this guy values wealth more than anything else. Someone once commented on him, saying that he was looking for meat on mosquito legs, and his methods were much more than ordinary people for money. By the way, Tingting, in a few days you will set up an e-commerce company to scare this guy, and use offshore company holdings, specializing in BB business in China, and organize some people to prepare and establish. As for the model, it will be done temporarily according to Ah Li's model. Think about the company name yourself, even if it is called the 'Forty Thieves, it's fine."
Speaking of this, Zhou Liwen couldn't help but burst into laughter. He was thinking in his mind that he really wanted to create such a company to Masayoshi Son, including Ma Qingyang, a student in China.
Chapter completed!