SoftBank Group was founded by Masayoshi Son, but unfortunately, after several capital operations, Masayoshi Son now only occupies 44% of the shares of SoftBank Group, which is far from absolute control. What's more www.biquge.info some investors and investment institutions that have invested in and invested in SoftBank Group are not simple, such as Toshiba Corporation, Fujitsu and other large enterprise groups, and SoftBank has nearly 20 large clubs participating in it.

Son is optimistic about the future prospects of Blogger, eBay, and ICQ, but he must work hard to get Angel Capital to lower its valuations, "Mr. President, if possible, SoftBank Group wants to become a partner with Angel Capital. But SoftBank Group is not my grandson's personal company, so allow me to consult with the other shareholders of the company first. ”

"What Mr. Sun said is reasonable, then I will wait for Mr. Sun to come again!" As soon as Jeff saw Son's intention to leave, he stood up and said a polite word.

The main reason for Son's departure is that the valuations of the three Internet companies are somewhat high, and SoftBank is not the company with unusually sufficient cash flow in the future, especially since the recent injection of a total of $3.1 billion to get the complete operation rights of ZIFF-Davis has consumed too much cash flow of SoftBank. A large part of the $3.1 billion was borrowed by SoftBank, and he knew it.

At this time, SoftBank needs to be careful in its calculations, and this financing of more than 10 billion US dollars is not something that he Son Masayoshi can decide on alone.

At the time of Son's departure from Angel Capital, Madrid was flying to Los Angeles with Liu Si's high hopes. In fact, not only Madrid, but also the two traders from Liu Shengqiang also took a direct flight from Singapore to Los Angeles.

In the past few days, Liu Si has been very diligent in using his golden finger, which can be called a waste of sleep and forgetting to find out about the Internet bubble in 1995~2000, and Liu Si has written down a lot of companies. In fact, in this dot-com bubble, the market value of most Internet companies has doubled, but by different amounts.

What made Liu Si collapse the most was that Liu Si later found that with the total market value of the NASDAQ of more than 1 trillion US dollars, the 2 billion US dollars he was prepared to invest in the early stage was simply not enough. For this reason, he had to select some stocks that had risen the most based on some data, such as: Yahoo, Amazon, Microsoft, Cisco......

The next day, Liu Si got up a little bit early, and finally found that there seemed to be nothing to do today?

"The boss... Boss..."

When Li Haiping broke into Liu Si's office, he really saw his boss gritting his teeth at the computer screen with bitterness.

"What's the matter?"

"Boss, Jeff is calling again!"

"Why is it so familiar?" Liu Si listened to Li Haiping's words, and always felt that the channel there was wrong, "Oh, Jeff? Did he say anything? ”

"I didn't talk about it."

Sitting in a familiar position, Liu Si made a cup of coffee by himself, and said to Li Haiping: "Let's go over!" ”

"Lee, you've finally called me."

"If you have something, just talk about it, don't talk nonsense if you have nothing to do. The owner was right next to me. Li Haiping doesn't give face to his old classmates, and his businesslike appearance makes Liu Si look very interesting.

"Yesterday Sonoshi from SoftBank Group came, but after a while he left again." Jeff thought about it very seriously when he got down to business, and said, "Boss, SoftBank Group may give up this financing, I don't know what I should do next?" ”

Liu Si was very surprised that Masayoshi Son actually gave up this financing, you must know that there is nothing to go to the Three Treasures Palace, since Masayoshi Son rushed all the way from Japan to the United States, it can show that Masayoshi Son attaches great importance to Blogger, eBay, and ICQ, and there is no reason to give up!

"What is the current financial situation of Blogger, eBay, and ICQ?" Liu thought about it and asked.

"There is no room for optimism. Among the three companies, eBay and ICQ are in extremely severe form, and the capital chain is very likely to break within two weeks, or even within a week. ”

Speaking of which, the reason why the current situation of the three companies is so grim is that Liu Si's responsibility is not small. In order to seize the market as quickly as possible, all three companies have adopted the large-scale expansion strategy of the Amazon model, trading huge losses for business scale. And this strategy regardless of cost was formulated by Liu Dashao.

"So be it! Let Daphne Phoenix Capital invest $20 million, $30 million, and $50 million in Blogger, eBay, and ICQ at the current valuations of the three companies, for a total of $100 million in Series A strategic investment. "It is impossible for Liu Si to break the capital chain of the three companies, since SoftBank can't count on it, then Phoenix Capital should solve the capital chain problem first.

"Boss, there is not so much cash flow in the Phoenix Capital account!"

"Don't worry, you'll get up tomorrow and you'll receive a sum of money from me to call you." He suddenly remembered something, paused for a moment and continued, "Tomorrow the people I arranged will arrive in Los Angeles, and you will pick them up at the airport." He's your old acquaintance: Madrid. ”

"Oh, Madrid is going back to work."

"That's right, he's the head of Liu's Capital's U.S. office."

"Pick up tomorrow, I remember, boss."

……

At the end of the 20th century, the recession of the U.S. economy forced the U.S. to relax restrictions on the financial industry and the examination of the entry and exit of U.S. funds. Liu Si is fortunate to be reborn in the late 90s, and a single phone call can bring a large amount of money into the United States.

Financial liberalization is an important feature of the end of the 20th century and the beginning of the 21st century, if it were not for the Yankees' chaos, vigorously advocating the concepts of financial liberalization and economic globalization, perhaps the European currency crisis in 1992~1993, the Mexican financial crisis in 1994~1995, the Asian financial crisis in 1997~1998, the Russian financial crisis in 1998~1999, and the Brazilian financial crisis in 1999~2000 would not have happened.

The next day, Jeff received a notification from the bank that there was an extra $1 billion in cash in the Angel Capital account. He made a call to Daphne and learned that Phoenix Capital had received $1 billion in funding, and he happily invited Daphne to the Angel Capital headquarters to negotiate strategic investments in Blogger, eBay, and ICQ.

Angel Capital and Phoenix Capital are both located in San Francisco, so Jeff and Daphne met at 9 o'clock in the morning in the Angel Capital conference room. Because Liu Si had already given instructions, the negotiations between the two sides were very fast. At about 12 o'clock in the afternoon, Angel Capital released the general news about Phoenix Capital's successful strategic investment in Blogger, eBay, and ICQ.

Due to the absence of the founders of eBay and ICQ, Angel Capital and Phoenix Capital could only sign an offer, and the lawyers of both parties began to draw up an investment agreement offer as soon as they negotiated. The actual signing of the contract required the founders of eBay and ICQ to come to San Francisco to complete it. As soon as the matter was over, Daphne said goodbye and left Angel Capital. However, as soon as Daphne walked out of the gate, she was surrounded by a group of reporters who received the news, and finally answered a few questions.

On May 23, 1997, the news that Phoenix Capital invested in Blogger, eBay and ICQ with a total investment of 100 million US dollars was like a huge thunder, shocking the whole world, which was another shocking gamble by venture capital institutions in the Internet industry after Son Masayoshi invested $100 million in Yahoo.

The last time Masayoshi Son made a huge profit at Yahoo, will Phoenix Capital be the same this time?

Especially when the last group of reporters learned that Phoenix Capital had invested $20 million, $30 million, and $50 million in Blogger, eBay, and ICQ for a total of $100 million in Series A strategic investments, of which Blogger and eBay were valued at $500 million, and ICQ was valued at $800 million, the whole world went crazy.

Generally speaking, emerging companies need to go through three or even five rounds of financing before they can IPO. But now only in the A round of financing, the valuation of the three companies is much higher than that of most Internet companies. And it is precisely because of this that in the next two days, Nasdaq's Internet high-tech stocks rose sharply, so that Liu Si, who is interested in entering the market to absorb high-tech stocks, rose by nearly 30% for this reason.

Blogger, eBay, and ICQ were featured in the news media over the next few days, saving them a lot of money on advertising. In particular, eBay's fame has increased the most, according to Emir's estimates, the number of new registered eBay users has increased by nearly 100,000 in the past three days.

Jeff was happy to have done part of the work for Blogger, eBay, and ICQ, but he forgot to pick up the plane in Los Angeles. Fortunately, Madrid also grew up in the United States and knew Jeff well, so it was not a big deal, and he was able to get to San Francisco by car.

The financing was a bit of a big deal, and news media outlets in the United States, large and small, reported about the financing. In this regard, it is difficult for Masayoshi Son, who is still in the United States, not to pay attention to this incident.

Looking at Son's life, it can be seen that he is very interested in emerging technologies. At the age of 18, he sold a video game imported from Japan on campus; At the age of 24, he founded a software bank and wholesaled software; Later, he successively acted as an agent for the products of Netell, a local area network specialist, and Cisco's routers.

Liu Si still doesn't want to eat alone in his heart, and he really hopes to pull SoftBank Group into the gang, and he can be sure that Son Masayoshi will not give up this opportunity, just to see who is more patient.