At the beginning of October 2016, in rumors, the net worth of Jing Gao, the actual controller of Phoenix Fund, may exceed that of Ma Yun.

This is a very eye-popping inference. The reason why the word "maybe" is used is because neither Phoenix Fund nor Jiuge Capital are listed, and no one knows how many shares he has.

Judging from the public acquisitions of Phoenix Fund and Jiuge Capital, in half a year, Jinggao spent a total of more than 20 billion US dollars. That's a staggering number.

However, does this mean that Xie Shihuang, who is in a key position in the Ali family, should take this upstart seriously when he sees Jing Gao?

Judging from Xie Shihuang's behavior of drinking morning tea at this time, this can show his life-like side and create a good atmosphere for the talks waiting for the meeting. It can also be understood that he is very sloppy and is putting on the shelf of his predecessors and leaders.

Dong Ge told a little story in an interview. There was a year of the Wuzhen Internet Conference. Ma Yun came in from outside, Brother Dong and Ma Yun greeted each other, this was the first time the two met, Ma Yun said, "Oh, you are Liu Qiandong, so young." ”

The number one master in the rivers and lakes is still very good.

The leopard in the tube, the details can be seen in the overall situation.

Sunlight shines on the bright, elegant and spacious box, bringing the tranquility of autumn. At the round large dining table, Xie Shihuang wiped his mouth slowly with a towel, got up and shook hands with Jing Gao, and said with a smile: "Mr. Jing, do you want to have a morning tea?"

Jing Gao refused with a smile: "Mr. Xie, thank you." I've had breakfast. "The breakfast he made for Vivi in the morning. Use a bread maker to make two whole wheat loaves, fry two poached eggs and warm two cups of milk. Cooking Western food is mainly fast.

Xie Shihuang nodded, made a gesture to invite Jing Gao to sit down, and said, "My work and rest time is late, and I can't compare to you young people." Forgive me. I've already informed Xiao Cheng and Xiao Yanagi, and we'll talk when they arrive. ”

Jing Gao said happily: "Okay." ”

Xie Shihuang was eating "breakfast" while chatting with Jing Gao, "What year was Jing always born? Not even Baidu Encyclopedia and Sogou Encyclopedia. ”

Jing Gao took out two mobile phones from his handbag and put them on the dining table, smiling, "I'm 89 years old." ”

Baidu and Phoenix Fund are cooperating on Uber. This bit of face has to be given. And Sogou, Weibo, and Toutiao are all talked about by people from the public relations department.

Xie Shihuang glanced at Jing Gao's mobile phone on the dining table and smiled. In this smile, it was as if some kind of sustained oppression in the air was dissipating. He called the waiter and took away the snacks and tea in front of him. Two more cups of tea and a small talk with Idaka.

"Mr. Jing, you bought Coolpad, didn't you use Coolpad's mobile phone?"

Jing Gao said: "It's useless for the time being. The management team on Coolpad's side is still working on it. "Coolpad is over there in the deep city, and he let Wu Jingshu of Jiuge Capital take care of it. He has already sent an email to Wu Jingshu to replace the executives of Coolpad.

Nonsense, these people made Coolpad's mobile phone look like this, except for the responsibility of the founder and former chairman of Coolpad, these people's abilities are very limited. Jing Gao is preparing to recruit executives from Huawei, Vivo, and OPPO.

Xie Shihuang just started talking about this, not to accuse Jing Gao of anything, and reminded: "Mr. Jing, I have heard some rumors recently, you have to pay attention to them."

Some people say that you like to mix politics and personal preferences in business. Say you're very unhappy with some people over there. You have semi-openly criticized Li Kaifu in the entrepreneur circle in Shencheng. As a result, he will prevent you from entering the bike-sharing industry.

Therefore, I estimate that if you enter the mobile phone industry, Foxconn will probably not give you OEM. Or it will give you a very harsh price. Do you know what Guo Taiming said during last year's election? He said that he would give us food.

Who of us Chinese would be comfortable listening to this?"

Jing Gao smiled lightly, put the teacup in his hand on the dining table, and said loudly: "What Mr. Xie said is too tactful! In my opinion, the surname Guo doesn't know how thick the sky is." What kind of braggadocio does he have in a sweatshop? Who feeds whom?

Besides, if I scolded the person surnamed Li, I was not the only one who scolded. Colonel Dai also scolded back then. This kind of person must not be regarded as an entrepreneurial idol of Chinese youth!

All, some people don't look at the joy of dancing now, they will have to pull the list in the future. At this point, the bend is not as smart as the Japanese people. The elites of Japan know that in the future, we will completely liquidate them and finish what the Tokyo Trial did not do.

Of course, after all, it is one country, two wisdoms. I understand. ”

Xie Shihuang's eyes changed a little when he looked at Jing Gao. To tell the truth, who hasn't had a sense of family and country? Especially now that the country is getting stronger, more prosperous, and more prosperous. But doing business is really about downplaying these things and taking the pursuit of profit as the first goal.

Xie Shihuang raised the teacup, replaced the wine with tea, invited Jing Gao to take a sip together, sighed, and said, "Mr. Jing, I need to remind you." This attitude of yours will most likely make it difficult for your phone to do it. TSMC's Zhang Zhongmou is a die-hard. Chip foundry, TSMC will most likely not allocate his production capacity to you.

It's not a big problem for you to sell tens of millions of mobile phones a year, and there must be channels along the coast to get the goods. But if you want to become one of the top five domestic mobile phone manufacturers, then it's a big problem. Chips in the second-hand channel are, of course, not as costly as placing orders directly with manufacturers.

Not to mention the problems that need to be manufactured in chip design. ”

Some self-media are just fucking fools, and they also say that TSMC is a Chinese company, how to do it. Fuck you! Do you know who made SMIC half-dead in the first place? Do you know who sued SMIC in the United States?

TSMC.

If this bastard enterprise is not killed, it will be difficult for China's chip manufacturing industry to rise. Because he occupies nearly half of the world's chip foundry share. If the chip manufacturing industry is not good, it will not solve the problem of Americans stuck in the neck.

Jing Gao nodded, indicating that he knew what he knew, raised the teacup, took a sip of tea back to Xie Shihuang, and asked, "Mr. Xie, where did you hear such rumors about me?"

Xie Shihuang laughed, "Then there are many sources." "Haha, I won't tell Jing Gao. In fact, he knew exactly where the rumors came from.

They are all mixed in the rivers and lakes, and they don't see each other when they look up. Even if Jing Gao had semi-openly criticized some people by name in Shencheng, how could it spread so quickly? Someone behind it added fuel to the fire!

As far as he knows, the recent wave of rumors about Jing Gao is Ren Chao, a private equity fund manager in Modu, who is talking everywhere. Anyway, this time it was this person who danced the most.

The manager of a private equity fund is insignificant. But this person's identity is a bit peculiar. He is the nephew of Ren He of the Galaxy Group.

...

...

Jing Gao and Xie Shihuang were chatting here, and Cheng Wei and Liu Qing came in under the leadership of manager Du Zhijie.

The two are fat and thin, a man and a woman, complementing each other. The two of them are indeed very well coordinated in Didi's operation.

"Mr. Xie, hello. ”

The morning sun makes the time alternate in the box of "Jiangnan Pavilion". Elegant furnishings reflect shadows.

At the dining table near the window, Xie Shihuang stood up early, shook hands with Cheng Wei and Liu Qing respectively, and then introduced: "Xiao Cheng, Xiao Liu, this is the general manager of the Phoenix Fund." Young and promising!"

Cheng Wei lifted his glasses, with a smile on his white face, shook hands with Jing Gao, greeted him, and said politely: "Mr. Jing, the first time we met, please give me a lot of advice." ”

Liu Qing's expression was a little complicated when he looked at Jing Gao. In fact, she had contact with Jing Gao twice behind Cheng Wei's back. They all appointed her sister Guo Lingyu at Harvard as a representative. But the strength of Didi and Uber is constantly changing. At this time, the offensive and defensive forces are different!

Cheng Wei is the youngest among successful entrepreneurs, but he is also 34 years old. And Liu Qing was 39 years old at the time.

Jing Gao was twenty-seven years old at the time, in his prime, and shook hands with Cheng Wei with a smile, "Mr. Cheng is polite." Shake hands with Liu Qing again.

Xie Shihuang smiled and waited for the three of them to finish greeting, and made a gesture to invite: "Sit down." All sit. I just chatted with Mr. Jing for a while, and now I'm going straight to the point. The merger of Didi and Uber is the trend of the times. In the past month and a half, Uber has achieved an astonishing market share, and its market share in the country has surpassed Didi.

Mr. Jing, how do you plan to merge Didi? Or, to put it more bluntly, how do you plan to arrange Xiaocheng and Xiaoliu, their excellent team. ”

The three of them looked at Jing Gao with burning eyes.

Jing Gao looked around, his eyes slid over the faces of the three people, and said calmly: "I hope that the core team such as Mr. Cheng and Mr. Liu will resign." Of course, I can set aside half a year to a year as a buffer. Your stocks are all on the normal path. ”

Cheng Wei and Liu Qing glanced at each other and were disappointed. Obviously, this is the worst possible outcome of the two calculations.

Xie Shihuang asked Jing Gao to talk about the plan first, one is that he and Jing Gao had a good chat, and there is no need to put on an aggressive posture. One is negotiation skills. He could go back and "fix" it a little. At this time, he said: "Mr. Jing, do you think this will work?"

Jing Gao looked at Xie Shihuang and took a sip of tea slowly.

Xie Shihuang said: "After the merger of the new Uber, the equity will definitely be very dispersed. It is difficult for Phoenix Fund to continue to control or hold more than 30% of the shares. So, what is used to guarantee control?

You say in Modu that you use the AB share model. But this is the way to use it after it goes public. What about before going public in the U.S.? Have you considered referring to our Alibaba model and setting up the number of board members to control the model? ”

Itaka groaned slightly.

The well-known "Alibaba model", Jing Gao has not eaten dry rice these years. Of course, there is some understanding of this. It's all over the internet.

In accordance with the well-known practice, the directors are elected by the general meeting of shareholders and then the chairman of the board of directors is elected. Alibaba's management team led by Ma Yun has very few shares, what should I do if I want to guarantee a controlling stake in the company?

According to Alibaba's articles of association, Alibaba's directors are elected by Alibaba's partners. Note that it is a partner, not a general meeting. In other words, the amount of equity does not determine the board seat.

Then someone will say, I'm going to amend the articles of association. No problem. Amendments to the Articles of Association require the consent of 95% of the shares. So, how much equity does Ma Yun own in Ali? You all know! 8.9%. Later, it will reduce its holdings by 7%.

Xie Shihuang is now suggesting that Jinggao adopt this model. Before Uber completes its next massive funding round, Phoenix now owns nearly 80 percent of Uber, enough to amend its bylaws.

Generally, a two-thirds vote is required to amend the articles of association.

Therefore, from this point of view, Alibaba's corporate governance is more advanced than Vanke's. Vanke's management team now relies not on articles of association or systems, but on the support of state-owned shareholders. Of course, there are historical reasons for Vanke.

Jing Gao shook his head lightly and refused: "Mr. Xie, I don't plan to implement the partnership system at Uber. In the case of Uber, it's hard to get started. Mr. Cheng and Mr. Liu are very good, but I don't want the company to have internal friction in the future. ”

The question of control, he really needs to think more deeply. Phoenix Fund's equity in Uber, if it merges with Didi, it is indeed difficult to control. And Uber's management team is actually full of contradictions. If there is capital to do the game, these people may not listen to him.

And if Cheng Wei and Liu Qing stay and enter the board of directors, it is really hard to say who the surname of this "new Uber" will be at that time.

Xie Shihuang frowned slightly. He noticed the character of Idaka: The word "embarrassed!" is used to describe a very famous figure in history. Wang Anshi! Wang Shu's nickname is "Reluctant Xianggong."

What does the minister say: The sky is not enough to be afraid, the words of people are not enough to be compassionate, and the law of the ancestors is not enough to be observed. Let's realize that this word "reluctant" is not just stubborn and stubborn. There is also the meaning of being brave and not afraid of wind and rain.

Xie Shihuang sighed lightly and said, "Mr. Jing, Mr. Ma is very concerned about the merger of Uber and Didi. Xiao Cheng is a talent from our Ali. ”

He really didn't want to say it so clearly. It's too low-end! Jing Gao doesn't know that he is here on behalf of Mr. Ma?

Jing Gao nodded and said, "Then I'll think about it." "Get up and leave.

...

...

Idaka left. The atmosphere in the Jiangnan Pavilion was somewhat dull.

Xie Shihuang drank tea and groaned slightly. Was today's meeting a failure or a success?

And if Cheng Wei and Liu Qing have a belly, it is not good to discuss it in front of Xie Shihuang. There is no doubt that Idaka's "choice" hit them very hard.

Teacher Liu Huan sang a very popular song back then: Look at success or failure, life is heroic, but start all over again.

However, people who have really stepped into high positions in the workplace know that there is no second chance! Many times, a person's time, energy and opportunities can only support a brilliant career.

It's like Cheng Wei, he can withdraw with money and stocks, but can he still create another Didi with a valuation of tens of billions of dollars?

Just like Liu Qing, she is a professional manager, she is nearly 40 years old, and she can still fight to the position of second-in-command in a large enterprise with social influence? Is it possible? It is stupid to be the boss of other people!

Xie Shihuang put down the teacup, glanced at the two of them, and said, "Don't worry, you two. Itaka has not yet made a final decision. Phoenix Film and Television held a shareholders' meeting and reception banquet in the Pangu Seven Star Hotel the night after tomorrow. I will communicate with the classmates of Ali Entertainment to see if I can probe his tone.

If he really wants to go to the last step, he will insist on not giving face to Mr. Ma, then let's wait and see! Our Ali company is open to the two of you. ”

"Mr. Xie, thank you. ”

"Mr. Xie, thank you. ”

Cheng Wei and Liu Qing got up and thanked them. The solicitation promise that came out of Xie Shihuang's mouth still carries a lot of weight.

...

...

Jing Gao drove out of Xianghe Golf Club for a while and received a call from his assistant Guan Yujia, "Mr. Jing, how are you talking?"

Jing Gao had just been delayed for a while in applying for a membership card at the Xianghe Golf Club. Just kidding, when a distinguished guest like Jing Gao came to the door and casually asked about coming again, would Du Zhijie say: I'm sorry, Mr. Jing, we have a threshold for membership here.

Isn't that? How can there be such a business?

The black Audi slowly followed the traffic towards the International Trade Center. At more than 10 o'clock in the morning, the traffic on the street shuttled, with a relatively deserted and busy.

Jing Gao took a Bluetooth headset, answered the phone, and when he heard Guan Guan's warm voice, he was inexplicably comfortable, and said, "The talk has collapsed." He said in front of Xie Shihuang that "consider considering" was just a pretext, and he would not make any concessions at all.

Guan Yujia was extremely surprised, "The talk collapsed?"

Jing Gao explained the situation again and said resolutely: "Did I spend such a big price to make wedding clothes for others in the end? Mr. Ma does not have such a big face with me." ”

Guan Yujia said worriedly: "Brother Jing, then we can offend Ali and Galaxy respectively. It's going to be very stressful. ”

Jing Gao smiled faintly and said: "My silly girl, there is a warm vein in business, and it is all your life! This treatment shows that I have walked to the core stage of the business field." Let's talk about it later. I'm going to change the structure of Uber. ”

Hanging up the phone, Jing Gao was waiting for the traffic light, looking out of the car window: high-rise buildings into the clouds, one after another. Where is he in this bustling metropolis?

Idaka pursed his lips gently.