Since the 2005 agreement allowed Yahoo to request a second director to be sent to Yali's board of directors by 2010, which essentially made Yahoo not only a shareholder, but also a possible decision-maker, with a major shareholder to be a director of Alibaba, Ma Yun felt that Yahoo was aggressive and ready to seize power.

In the original version, he forced the other party to negotiate by transferring Alipay, and the business of the veteran Internet giant Yahoo in the United States has also begun to decline, and they urgently need Yali to go public for blood transfusion.

Yahoo is in a hurry, Yari is not in a hurry, and we are not short of money, if you are short of money, you can sell the equity to us! But at that time, Yali already had a gold mine, who would sell it? After several negotiations, Yahoo agreed that the condition for Yari Baba to repurchase the equity was that it would ask the Ali Group to be packaged and listed. After some maneuvering, Yahoo promised shareholders that the group would go public by December 2015, while Yahoo sold half of its shares to Alibaba Group.

After the completion of this transaction, the combined voting rights of SoftBank and Yahoo on the board of directors of the Aribaba Group will be reduced to less than 50%, and Yahoo will relinquish the appointment of board members and the veto power related to the strategic and operational decisions of the Aribaba Group.

And now Warner took the lead and promised to solve the problem of Alipay's payment license, which was a sharp and rapid critical attack, which stunned Ma Yun and the management.

The hardest thing to deal with is the rich and shrewd people, who are the first to make the move, and Louise has made it clear that another director will be brought in during the contract period, which makes them even more stressed.

Ma Yun and her management have absolute control over the company, and its branches and subsidiaries are all their people, but the influence of the group headquarters and the board of directors is huge, and the constraints on the following are also huge.

Everyone can fight, but take interests first, fight and collapse the company, everyone has nothing, Yari collapsed, Louise patted her ass and left at most, this pit was filled by Time Warner, Louise, who hugged Mark's thick legs, was not afraid of finding a place to stay, and Ma Yun They had nothing, Yali was their career, and they were all they had.

For a moment, Brother Pony frowned.

Ma Yun didn't want to sell Yali, as early as when Ma Yun got Son's angel investment, he had agreed on the absolute right to speak, and it was because of the trade-off of the decision that Ma Yun did not take the full amount of the $40 million at that time, so he chose $20 million.

So SoftBank has a lot of equity, but it's just a throw-at-it-a-box, and it doesn't pose a threat, while Yahoo is a big threat, they have voting rights and can add a director.

Ma Yun made a plan, first transfer Alipay, then delisted, and then change to a partnership system, three consecutive blows to regain control of the company, but now the other party has taken the lead.

A partnership company is an enterprise in which two or more partners own the company and share the profits of the company, and the partners are the owners or shareholders of the company.

Its main characteristics are: the partners enjoy the income from the operation of the enterprise and are jointly liable for the operating losses; all partners can participate in the operation together, or some partners can operate the business, and the other partners only contribute capital and bear their own profits and losses; and the scale of the composition of the partners can be large or small.

In other words, Ma Yun uses the partnership system to let the founder control the actual control of the company, even if the company's shares are purchased in large quantities, outsiders cannot control the company (Japan's SoftBank and Mi Yahoo control nearly 60% of the shares of Alibaba, but they do not have the ability to decide the direction of Alibaba, and can only enjoy income such as share dividends.) ），

At that time, such a system was not recognized in China, and it could not be listed in China or even Hong Kong, and there was no way but to list on the NASDAQ, but it could maintain control of the company under the absolute disadvantage.

Now that the first move has been cut off, they don't know how to force Warner to agree to buy back the shares and negotiate with them, and now Warner has the upper hand, and there is no need to make any concessions.

It is impossible for all employees to strike and force them to comply, this Warner now has a lot of investment in Huaxia, and it is entirely possible to take advantage of the situation to take over Yali, squeeze them out, and monopolize Yali.

As for starting anew, Yali's three major sharp tools, Payall, Taobao and Ant Financial, are all controlled by the company and occupy a huge market share.

At this difficult time, Louise made an appointment with Xiao Ma and took the initiative to dilute the equity, and the equity controlled by Warner would be diluted to less than 20%, and five overseas-registered companies would take over this part of the equity.

This is really a silver fall from the sky, Ma Yun cut Yahoo, not to grab the equity in the hands of the other party, but to dilute and strip the voting rights, and force them who don't want to be the hands-off shopkeeper to be the hands-off shopkeeper, and now Warner is not the hands-off shopkeeper, nor has he given up the voting rights, but this dilution of his own equity is indeed a good thing.

However, Warner did not do this for nothing, they pointed out that SoftBank has too many shares, and even if it does not participate in management and voting, it is very unreasonable, and Louise pointed out that SoftBank Holdings to maintain about 15% is the best and most reasonable figure.

This is completely against Ma Yun's appetite, he just wants to dilute the equity of Warner and SoftBank, as for who to dilute it to, he doesn't care at all, as long as it is not in the hands of the two families, he hated Louise to death two days ago, and now he feels that this foreign woman is the cutest person.

Ma Yun said: "Son Zhengyi is not short of money, and he has no intention of selling Yali's equity at all, which is very difficult." ”

Of course, Son Masayoshi would not want to sell Yali's equity, he was not short of money, he only invested 20 million US dollars back then, and after more than ten years, it has become something with a market value of more than 3 billion.

Mr. Son Masayoshi is a strange man, he is a typical oriental man, only five feet tall, but he is indeed a talent, Son Masayoshi has the characteristics of a short and great man, and his own unique qualities are not owned by others.

Son has the instinct of the American people to do business, the momentum of the Japanese and the spirit of the Koreans. Son's greatest dream is to travel in electronic space. Mr. Son Masayoshi is a Chinese born in Japan on the Korean Peninsula, the third generation of Chinese who settled in Japan, the ancestral home of the Han Chinese in Putian, Fujian, China, the family ancestors are Chinese who emigrated to the Korean Peninsula, and his grandfather Sun Zhongqing moved to Japan from South Korea. He has been very interested in American things since he was a child. In particular, I admire the deeds of local Japanese businessmen who have successfully turned McDonald's into a chain of restaurants loved by all ages.

Bill Gates said, "You're an adventurer just like me. ”

Ma Yun said: "Sun Zhengyi is a wise and foolish person, almost without a superfluous word, like a character in martial arts: first, quick decision, second, want to do great things, third, can do things according to his own ideas." ”

Japanese media said: "If a person uses more than ten meters of data to make a career choice, if a person's eyes are always looking at things decades or even three hundred years later, it may be difficult to make such a person completely fail." ”

Merrill Lynch's Senior Analyst: "Masayoshi Son can be said to be a foresight and beneficiary of the Internet economy, but in fact, the "soft bank" led by Masayoshi Son is the only global Internet company. ”

Senior Wall Street Investor: "Son's success is accidental, he is waiting for the rabbit with the rice dollar in his hand. ”

Asahi Shimbun: "Son doesn't see every investment as a one-shot deal, but as the beginning of a relationship, which makes him extremely popular. ”

Forbes: "In the blink of an eye, Mr. Masayoshi Son, the president of Software Bank, has created an international Internet empire, and he is embarking on his own 300-year business plan. Mr. Masayoshi Son is the king of the Internet. ”

Yang Zhiyuan: "At that time, many people at Yahoo thought he was crazy, and spending $100 million in February 1996 was going to be very aggressive, but I think his success was not due to luck, he was a person who could look forward to 15 to 20 years. ”

How difficult it is for you to snatch food from such a character.

Since its listing in 1994, SoftBank has owned 300 Japanese companies, important joint ventures or wholly-owned enterprises throughout the United States and Europe, and all assets such as related businesses, venture capital funds and strategic alliances, totaling 40 billion US dollars, ranking among the top 10 clubs in Japan.

Masayoshi Son, the founder, president, and CEO of SoftBank, when the Internet was still in its infancy, many investors showed a reserved and wait-and-see attitude, and Masayoshi Son became one of the first people to eat crabs, and he decisively invested in and identified a number of early Internet companies, so that they won the reputation of "the pioneer of the Internet revolution in the true sense" in the industry. Today, SBI has invested in more than 450 Internet companies around the world and has become a major shareholder of some of the world's leading Internet companies.

It is precisely because of this lord's prestige and huge influence that Ma Yun is jealous, and just wants to attack Yahoo, and does not dare to swatt flies on the tiger's head.

Now in collusion with Warner, SoftBank is SoftBank, what's the big deal, just do it.

Those who mix in this line are no different from those thieves who lick blood with knives, starve to death the cowardly, support the bold, don't even dare to rob the money, go home and sell sweet potatoes as soon as possible, Bill and Joe are called Silicon Valley Pirates, Mark is called Galaxy Pirates, and my little brother is simply called Pacific Pirates.

So Louise, who was holding the red wine, looked at the little horse brother with a smile: "You won't retreat in the face of difficulties, right?"

Brother Xiao Ma said: "We have to sign a secret agreement between us before I act." ”

Louise said, "OK! You're a little ruthless, I like men with a kind." ”

Brother Ma coughed dryly: "I have a wife." ”

Louise said, "It's a pity! You're not good-looking, but you have the same temperament as Mark, and it's fascinating, and we have the potential to be sexual partners." ”

This made Xiao Ma very proud, and he puffed up his chest: "I love my wife." ”