In July 1999, Hangzhou City established a business platform company called 1688, the founder is Ma Yun, and the registered capital is 1 million yuan.

The 1688 website has been in operation for 10 months, and it has become very famous in the country, because 1688 is the first B2C website in China.

On this day, Ma Yun was running business outside, and the Nokia mobile phone in his pocket rang, and he took out his mobile phone and saw that it was his wife Zhang Ying calling.

As soon as he answered the phone, he heard Zhang Ying say very excitedly: "Husband, come home quickly, Li Feiteng will talk to you about financing." ”

"Ahh

Ma Yun's face showed a smile, and it seemed that Li Feiteng's vision was really not bad.

When he got home by taxi, there were two limousines parked at the door, and there were two sturdy bodyguards in black suits, and he didn't need to say hello, he walked straight into the unlocked door and came to the living room at the back of the apartment.

I saw Li Feiteng sitting in a wheelchair, and there was an incomparably beautiful young woman standing behind him, and his wife was sitting on the sofa. ”

"Where, it's my honor for Boss Li to come to my house!" Ma Yun immediately leaned over and shook hands with him with a smile.

Ma Yun's wife, Zhang Ying, also walked to the side with interest, not disturbing Li Feiteng and Ma Yun to discuss business.

Ma Yun sat on the sofa and carefully looked at Li Feiteng in front of him. Such a legendary young man sat in front of him, and he still had some emotion in his heart. However, he is also a well-informed figure and is not very timid. smiled and said bluntly: "Boss Li, do you really want to finance 1688?"

"Recently, I have sold off a lot of Heung Kong stocks and have a large amount of money on hand that I am going to reinvest in IT ventures...... Ma Yun, although I slept for a year, but for the development of the Internet at home and abroad, I know better than you, since 96, the mainstream of foreign Internet development. One is the portal, the second is the business platform, I did the portal first, I was supposed to start the business platform last year, but I didn't expect my bad luck and missed a year of entrepreneurial time. ”

Li Feiteng said, paused, and said with a smile: "I actually have two ideas, the first is to make my own business platform. The second is to buy you 1688 and let you do it for me. ”

Ma Yun's face was not very good, and his wife said that Li Feiteng was here to raise money, but now it seems. Not at all!

This Li Feiteng is here to acquire 1688!

"Boss Li, I have no plans to sell 1688 for the time being. Ma Yun said seriously. He doesn't want to work for others anymore, even if Li Feiteng wants to get his own business platform. Then he is not afraid, because he believes that other investors will come to his door.

Merely. As a competitor with Li Feiteng, Ma Yun feels that he will be under a lot of pressure.

"Mr. Ma, then if I just want to control the shares, and don't actually control the rights, how about ensuring your permanent control status?" Li Feiteng said calmly.

"Oh......" After hearing this, Ma Yun pondered for a while, if this was the case, he could still consider it, but it depended on how much capital Li Feiteng was prepared to invest in.

He said directly: "Mr. Li, how much do you think 1688 is worth?"

"I think it's worth up to $15 million now, and if you want, I'm ready to take $11 million to control your 1688, and of course, if you want 1688 to join the Longteng Holding Group, I can accept that. Li Feiteng said with a smile.

$5 million?$11 million?

Ma Yun thought for a moment and asked, "How much does it hold?"

"As long as 70% of the shares, if you want, I can only have 40% of the shares, and 30% of the votes are yours. Li Feiteng said that his purpose is very simple, as long as money, as for the control of 1688, he doesn't care.

"Mr. Li is so sincere, then I have nothing to hesitate about. Ma Yun stood up with a happy smile and shook hands with him.

1688 needs capital and Li Feiteng's connections backstage, he just sacrificed his interests in exchange for the future, with 30% of Li Feiteng's votes, plus more than 20% of his own share votes, and as he said, the actual control of the company is in his hands, and the absolute controlling stake in the shares is in Li Feiteng's place.

In this way, if the company does a good job, the income of the horse transport will not be less, and there is no need to worry about being crossed the river and the bridge is demolished.

Li Feiteng stayed in Hangzhou City for three days, discussing the structure of the business platform with Ma Yun in the simple 1688 company, and at the same time finalizing the investment contract.

Ma Yun did not choose to let 1688 join Longteng Holding Group, so that ITQ Ventures, which is wholly owned by Li Feiteng, holds an absolute controlling stake in 1688 and 40% of the votes.

In this cooperation, Ma Yun and Li Feiteng chose to keep a low profile, did not say hello to any media, and also told their own portal.

Because Li Feiteng did not want to attract the attention of other people in China, many competitors emerged in large numbers.

1688 has allowed Ma Yun to slowly become bigger, and his ITQ venture capital now has a capital of about 200 million US dollars, in addition to holding 1688, he can also do a good job in venture capital investment in several websites.

Xiangjiang's capital was originally earned by Guan, and several bigwigs above asked Li Feiteng to invest more in China, so he couldn't move this money overseas, but could only inject it into companies in the mainland.

However, with such a large amount of money, Li Feiteng has not yet thought clearly about what is better to invest in.

The portal, which has achieved a difficult period in the early stage, now does not need much capital.

"Baidu, yes, how did I forget this stubble. Li Feiteng muttered to himself, and he hurriedly said to Li Yaoyao: "Help me call Li Yanhong and ask him to come here to see me." ”

"Are you here?" Li Yaoyao repeated, because this was their house. That is, on this floor of the Sunshine Community, there are three houses, all of which belong to them, and with permission, the entire floor has been renovated and turned into a large apartment of more than 500 square meters.

"Yes, he's not an outsider. Li Feiteng nodded seriously, his relationship with Robin Li is not ordinary, at least it is definitely not the relationship between his boss and subordinates, but the intimate relationship between partners and friends, and he is not the kind of person who does not keep his mouth tight. (To be continued......)