As long as the price is right, there is nothing that cannot be exchanged. Pen Fun Pavilion wWw. ｂiquge。 ｉｎfo

Passing through the prophet brought Zhao Zejun not only one blockbuster project after another, but also the general trend of the future, as well as the most important 'chips' in the minds of some people at a certain node.

To some extent, prophets can indeed grasp people's hearts. Even before the other party is aware of it, guide the other party in advance and let the other party generate needs.

Because according to the real historical development, this is indeed what the other side needs most.

In her last life, Ma Yun needed the next two things, one was to develop Alibaba's business, which needless to mention, and the other was to gradually regain control of Alibaba.

The solution given by Zhao Zejun is very simple.

Opened the fifth round of financing, diluted the equity of Yahoo, the largest shareholder, and improved the decision-making power of Ma Yun's team.

With the relationship between Ma Yun and SoftBank, it is easy to convince Son that the two companies will join forces to pass a proposal for a fifth round of financing in the board of directors.

Yahoo may not be happy with it, but it doesn't think it's too much against it.

Because this round of financing dilutes not only Yahoo's equity, but also SoftBank and Alibaba's entrepreneurial team.

From an investment point of view, this round of financing can bring huge benefits to Alibaba, and BZT three cooperation, plus the three major portals, completely cover the national Internet industry, can be considered the entire continent of the Internet, are supporting the development of Alibaba.

With these resources, Alibaba will undoubtedly soar in the e-commerce field in the next few years, doubling its value.

SoftBank and Yahoo have no reason to object, especially SoftBank, which is solely for investment purposes.

"Before the financing, the three of us can sign a supplementary agreement with Alibaba's entrepreneurial team, or with Mr. Ma himself, which is not open to the public. No matter how much financing is raised, we will give up the decision-making power and entrust Mr. Ma to exercise it on your behalf. Of course, this financing alone is not enough to completely solve the conflict between the Alibaba team and Yahoo, but it can greatly increase the capital on hand and lay a good foundation for solving the problem completely in the future. Zhao Zejun said.

Ma Yun pondered for a moment, "Within ten years, your equity cannot be transferred, sold, or redeemed in any way. ”

"Ten years?" Zhao Zejun raised his eyebrows slightly.

"At least ten years. Ma Yun said: "I don't want to welcome the tiger and drive the wolf." ”

"Mr. Ma, you're too worried. Zhao Zejun laughed: "It's okay, I'll persuade Baidu and Tencent that ten years will be ten years, and within ten years, we will definitely provide the best development environment for Ali." ”

Ma Yun added: "Another point, after the financing, I need the three of you to immediately give Alibaba the maximum support to show the value of this round of financing." In Alibaba's plan, there was no fifth round of funding, and now that this round of funding has appeared, I need to convince a lot of people that they have to see the value of the fifth round. ”

"Today is ......" Zhao Zejun looked at the calendar on his watch and smiled: "Mr. Ma, if the financing can be implemented as soon as possible, in mid-November, you will see what you want." ”

"So fast?" Ma Yun said unexpectedly.

"I can assure you that the effect will be able to silence all opposition from within. Zhao Zejun said, "How to operate, after the financing is completed, we will discuss in detail." ”

In the last life, although the first Double 11 was a few years later, the model was not mature, and the publicity in advance was mainly only one Alibaba.

In the following decade, the turnover of Double 11 increased by 1,800 times to more than 90 billion.

If the Double 11 Carnival in this life, from the first session, is jointly operated by BZT and Alibaba, and even the three major portals have joined the ranks of publicity, even Zhao Zejun himself can not predict how big the sensational effect will be.

Ma Yun nodded, Zhao Zejun's so-called 'activity' is naturally one of the conditions for financing, and it is impossible to tell him now.

"One last question. ”

Ma Yun looked at Zhao Zejun and asked seriously: "Even if Alibaba starts the fifth round of financing and invites the three of you, where will Zelianke get the money?"

Alibaba paid nearly 40 percent of the shares for Yahoo's $1 billion and its China business.

Although the industry has always believed that in order to fight with eBay, Alibaba's premium for this round of financing is too high. But no matter how conservative the estimate, Alibaba's current valuation is more than 2 billion US dollars, more than 17 billion yuan.

Even if 20% of the shares are used for financing, it will be more than 3 billion yuan.

The market value is billions and tens of billions, not that you can come up with so much money at one time, Baidu and Tencent are listed companies, and it is very difficult to come up with close to one billion yuan at once, and Zelianke is obviously very difficult.

Before the listing, Baidu's annual turnover was close to 200 million, Zelian Keqiang was not anywhere, and in recent years, it has been pumping blood to support real estate, and its own development has also spent a lot of money, and there is not much available funds in the account.

As for loans, it is even more unlikely.

The law clearly stipulates that the equity purchased with a loan shall not be recognized.

"As far as I know, although you have a lot of property, but recently the money has been pressed on the real estate field, and it is obvious that you can't draw a lot of blood from other industries to support. ”

Ma Yun said suspiciously: "I started the fifth round of financing, but you have no money, if you only get two or three points in the end, what is the point to you? ”

"Mr. Ma, at the beginning of our conversation, you said a word about Zelianke, I don't know if you still have an impression?"

Zhao Zejun smiled faintly and asked himself: "You ask, will I take out Blog China for financing now? Now I can answer your question." This time, taking advantage of Alibaba's fifth round of financing, I will take out all the subsidiaries of Blog China, Zeyue Chinese Network, and the two Zelianke to carry out the first round of financing respectively. ”

Ma Yun was slightly surprised: "Are you ready to start preparing for the listing of these two companies?"

"Blog China is currently not mature for listing, but it can open the first round of financing; Zeyue Chinese Network has already met the listing conditions. ”

Zhao Zejun paused, and said word by word: "Where does the money come from?

Ma Yun was about to say something, but her mind suddenly lit up, and she seemed to think of something very important, but it was not very clear.

For a while, there was some confusion and could not be an idiom.

Fortunately, Zhao Zejun helped him clear his mind.

"Mr. Ma, if you do it properly, not only will you and your team not suffer losses this time, but you will probably take back Alibaba's decision-making power in one fell swoop. ”

……

……

Early the next morning, Zhao Zejun informed Baidu and Tencent of the results of yesterday's negotiations with Ma Yun.

Ma Yun agreed that Alibaba would conduct the fifth round of financing, and some of the specific conditions and operations need to be recognized by Baidu and Tencent, such as the entrustment of decision-making power, the non-transfer agreement within ten years, and the full support of Alibaba in a short period of time after the financing, making a beautiful start.

The first time they heard the news, the two of them thought that Zhao Zejun was joking.

At first, their estimates couldn't be negotiated at all, and the best thing was that Zhao Zejun could win two or three points...... This seemed unlikely.

Who knew that Ma Yun not only loosened her mouth to give shares, but even generously opened a fifth round of financing that seemed absolutely impossible and unnecessary.

Not only Zhao Zejun was invited, but even the two of them were also invited and were eligible to hold shares.

As for those conditions, Ma Huateng and Li Yanhong agreed without hesitation. When pie in the sky falls, those conditions do no harm to them.

"Mr. Zhao, you've done too much for this favor. Mr. Li took a breath, a little embarrassed, and said, "How can we thank you?"

"Thank you for not having to, Alibaba financing, I can't eat it alone, if you don't participate, it will fall into the mouths of other venture capitalists." Several companies in our data center are strategic partnerships, and I naturally give priority to our own people. Zhao Zejun said.

"How did you talk about it?" Mr. Ma wondered: "This time Alibaba not only agreed to take out shares, but even opened the fifth round of financing, a data center cannot be so attractive." ”

Zhao Zejun briefly retold the negotiation process between himself and Ma Yun.

"I'll just say, you must have other ideas, but this idea is really ......" Mr. Li shook his head and laughed, "The stroke of genius is even more amazing than the previous conversation with Sina." ”

"So, do you really want financing?" Ma Huateng keenly captured an important message.

"It's blog China and Zeyue Chinese network financing, not Zelianke. Zhao Zejun corrected Mr. Ma's statement, "Zelianke has been restructured, and Blog China and Zeyue Chinese Network are subsidiaries of Zelianke, independent units. ”

Mr. Li and Mr. Ma looked at each other, so to speak, the redivision of Zelianke's structure was actually planned by Zhao Zejun a long time ago, and it was quite meaningful for this Alibaba financing.

Alibaba's spun off Alipay's Alipay business from Alibaba despite shareholder opposition after financing, which is an act without business ethics and one of the triggers for the dispute with Yahoo;

Even eating Sina Blog before is preparing for this!

It is foreseeable that after winning Sina Blog, the blog will be dominated by China, and the valuation will be far higher than before.

Zhao Zejun is almost a ring after a ring, and every step seems to be laying out for today's settlement at this time.

"Two, the financing of Blog China and Zeyue, especially Blog China, is mainly aimed at venture capital companies. There are very few shares that can be left for you, a few points, and it just means. Zhao Zejun said.

I talked about this issue before, and at that time I half-jokingly said that if Blog China raised funds, it would definitely invite Baidu and Tencent, but the shares were limited.

This must now be put into practice.

Mr. Li took the lead in saying: "Mr. Zhao, you have won the equity of Alibaba, and this round of financing of Blog China, Baidu has withdrawn, and I fully support you." ”

Tencent also withdrew. If Zeyue needs it, we will strongly support it. Tencent Mr. Ma said.

"By the way, there's one more thing I want to discuss with you two. What about the three major portals?" Zhao Zejun said.