437 [Two Investments]
Among the 25 students of the "Silicon Valley Doctoral Group in the United States", 21 of them plan to return to China to start a business within half a year.
Before leaving Beijing, Song Weiyang went to their party. found that these people are not short of money, but also not short of money, what they lack is millions of yuan of funds, hundreds of thousands of investments are not worth it at all - although the average age of these 25 people is less than 30 years old, their personal assets are more than 500,000 US dollars!
At the end of a party, Song Weiyang reached out to everyone, only interested in the projects of Deng Zhonghan and his partners.
After graduating from USTC, he went to the United States to study, and obtained three master's degrees in physics, electrical engineering and economics in five years, becoming the first person to span science, engineering and business degrees since the establishment of the University of California more than 100 years ago.
Before graduating with a master's degree, Deng Zhonghan joined IBM as a senior researcher and won the "IBM Invention and Creation Award". After only half a year at IBM, he went to Silicon Valley to start his own business, and his business scope is to develop high-end digital imaging semiconductor sensors for high-end applications such as surveillance, satellites, and outer space exploration.
Now, Deng Zhonghan has decided to step down as chairman of the American company (a few years later, the company will be worth $150 million) and return to China with his team to found Vimicro.
"How much money do you have now?" Song Weiyang asked directly.
Deng Zhonghan said with a smile: "The Ministry of Information Industry has invested 10 million yuan. ”
"That's enough money to make chips?" Mr. Song said.
"It's barely enough, we only make multimedia chips. Deng Zhonghan said.
Song Weiyang asked again: "Is private investment allowed?"
Deng Zhonghan lifted his glasses and nodded: "Yes, but the Ministry of Information Industry requires absolute control." If Boss Song wants to invest, I'm afraid he won't be able to get much equity, because my team also needs 35% of the technology shares. ”
Song Weiyang said: "How is the equity distributed now?"
Deng Zhonghan said: "The Ministry of Information Industry directly invested 10 million yuan and provided policy support, accounting for 65% of the shares, and my team has a number of patents and is responsible for management, research and development and operation, accounting for 35% of the shares. ”
"If I also invest 10 million yuan, how many shares can I get?" Song Weiyang said.
Deng Zhonghan said with a smile: "You have to ask the officials of the Ministry of Information Industry, I can't call the shots, but of course I hope to have more start-up capital." ”
Song Weiyang's mind turned, and he suddenly thought of an excellent idea.
In the past few months, Shenzhou Technology Company has been severely suppressed by the Ministry of Information Industry, and PHS's business development in provincial capitals has tended to stagnate, so why not take the opportunity to turn the Ministry of Information Industry into its own people?
The Ministry of Information Industry has always had its own "small treasury", called the "National Electronic Information Industry Development Fund", and now it is also this fund that invests in "Vimicro". In addition, this fund is directly managed by the Ministry of Information Industry, and there is no special venture capital company for escrow at this time.
Under the recommendation of the telecom leader, Song Weiyang successfully found a leader of the Ministry of Information Industry, and the two sides quickly reached a transaction cooperation.
The Electronic Information Development Fund of the Ministry of Information Industry invested 20 million yuan and obtained 3% of the shares of Shenzhou Science and Technology Company. Shenzhou Technology Co., Ltd. invested 30 million yuan to obtain a 14% stake in Vimicro Electronics.
What does this deal mean?
It means that the Ministry of Information Industry does not need to pay a penny, and it obtains hundreds of millions of shares of Shenzhou Technology, which is completely equivalent to picking up money on the ground for nothing. At the same time, MSW, which has high hopes from the Ministry of Information Industry, has an additional 10 million yuan of start-up capital, while the Ministry of Information Industry only gave up 14% of the shares, and still absolutely controls Vimicro.
In essence, it only took out 10 million yuan to obtain 14% of the equity of Vimicro and gave the company shares worth more than 100 million yuan to the Ministry of Information Industry.
It seems that Shenzhou Technology suffers a loss, but in fact, everyone is happy.
In the future, the Ministry of Information Industry will be the own person of Shenzhou Technology, PHS will open new business in several big cities casually, and the money can be easily earned, and it will also avoid the policy risks in the next ten years.
And Vimicro Electronics Company, which is 14% owned by Shenzhou Technology, also has a bright future. In just six years, the multimedia chips designed by Vimicro can occupy more than 60% of the global market share, and it is definitely the undisputed industry hegemon - if it were not for the rise of smart phones, and Vimicro's development strategy has deviated, I am afraid that the size of this company can scare people to death.
Song Weiyang can take advantage of Vimicro's several privatization reforms in the next ten years, and it is not difficult to continue to eat the company's shares and become a major shareholder. He also had the foresight of a time-traveler to guide Vimicro to focus on the smartphone market, so that most mobile phone brands use Vimicro's image chips.
"Old Shen, get ready to do it. Song Weiyang said with a smile on the phone.
Shen Fuxing also breathed a sigh of relief, and said with emotion: "In the future, you finally don't have to be afraid that PHS will be banned, and there must be people on it." ”
Song Weiyang said: "Now that there are no worries, can PHS's revenue increase by more than 50% next year?"
Shen Fuxing laughed: "As long as the Ministry of Information Industry turns a blind eye, I am confident that PHS's revenue will increase by 100% next year." ”
……
Linzhou, on the shore of West Lake, Ma Xiaoyun's home.
This is also the address of Alibaba's company, and Tsai Chongxin has given up his annual salary of $700,000 to come to Ma Xiaoyun to get a monthly salary of 500 yuan.
When Tsai Chongxin first joined the company, Ma Xiaoyun didn't even register the company because Alibaba's domain name was preemptively registered by Canadians. Before getting the domain name, Ma Xiaoyun couldn't even determine the name of the company, so he simply dragged it on, and pulled hundreds of corporate customers just by virtue of his industry popularity - at this time, he didn't even have a website, and Song Weiyang's investment was just a handwritten agreement.
When Cai Chongxin figured out the situation, he suddenly fell into a state of confusion, and the three views of the whole person were refreshed. He hurriedly ran to help Ma Xiaoyun register the company, and blew the electric fan, sweating every night to give lectures to the eighteen arhats, talking about shares and rights, and took out more than ten English contracts that were in line with international practice, and asked Ma Xiaoyun and the employees to sign and pledge, and by the way, he also asked Song Weiyang to sign one.
In just a few months, Alibaba has more than 41,000 members.
This is not more than 40,000 netizens, but more than 40,000 enterprises and buyers, and there are so many advertisers in Sogou Search!
There are millions of small businesses in China that have a serious inventory backlog and no way out in an environment where exports have suffered setbacks and the domestic economy is sluggish. Many small foreign buyers want to buy Chinese goods but lack channels, Alibaba just built a platform for them.
On this day, Tsai Chongxin came back from the United States and said to Ma Xiaoyun: "I have already negotiated a financing plan, Goldman Sachs, Fidelity, AB and other companies have promised to jointly raise $5 million." ”
"You didn't go to Lao Song?" asked Ma Xiaoyun.
"Song Weiyang?" said Cai Chongxin.
Ma Xiaoyun nodded and said, "Yes, I promised to give him priority in financing." ”
Tsai explained: "Boss, Alibaba's financing is not only a lack of money, but also to get more resources. Now our main markets are in Europe and the United States, and Taurus Capital only has influence in China and cannot give us more help. ”
"But I promised Song Weiyang a long time ago that if you can't speak, it doesn't count. Ma Xiaoyun said.
Cai Chongxin frowned and said, "Then I will give Taurus Capital a financing line of 500,000 US dollars." ”
Ma Xiaoyun said: "It's too little, he can invest as much as he wants, and it will be regarded as a return to his favor." ”
"Okay, you're the boss, you have the final say. Cai Chongxin has a headache, in business, he doesn't like this kind of human interaction.
Alibaba is really not short of money, although the company's funds have almost bottomed out, but many institutions are rushing to invest, before Ma Xiaoyun has rejected 38 investors.
Let's put it this way, if you go back to 1999, you won 100 million yuan in lottery tickets, and you want to use it all to invest in Alibaba. But I'm sorry, Ma Xiaoyun and Tsai Chongxin won't ask you for a penny, they only accept big companies that can bring resources.
Historically, Alibaba has launched a second round of funding just two months after the first round of funding. This financing is not to simply make money, but to open up the Japanese benzene market, in order to obtain SoftBank's business resources, and also specially hired Masayoshi Son as the chief adviser of Alibaba.
Cai Chongxin immediately set off, flew to see Song Weiyang, who had just returned to Shenghai, and said straight to the point: "Mr. Song, Alibaba is launching the second round of financing, Goldman Sachs and other institutions are expected to invest 5 million US dollars, how much are you willing to invest?"
"10 million. Song Weiyang said with a smile.
"Dollars?" Cai Chongxin said in surprise.
"Of course. Song Weiyang said.
Song Weiyang owned 10% of Alibaba's shares before, and now he has spent another $10 million, and this company can be said to be surnamed Song.
Cai Chongxin said with emotion: "Mr. Song is really visionary, congratulations on becoming a major shareholder of Alibaba. ”