Chapter 114: The Biggest Mistake
(Got drunk yesterday and turned out to be ...... Today's three watches.,The chapter owed yesterday won't come.,Please forgive me.γ Pen, fun, pavilion www. biqugeγ infoοΌ
In business, Zhou You's reputation is not bad, and even has a slightly good reputation. Because he never drags his feet, and the people he works with so far are quite satisfied with his performance.
But in terms of being a person, Zhou You doesn't have a good reputation. The main thing is that he is too brutal, although he is only 23 years old, there are already hundreds of people who have died at his hands. In modern society, the only one who kills people like him and still lives well is the executioner.
Because of this, the average business person always stays away from him and doesn't want to deal with him more.
Ma Yun is not afraid of him, the main reason is that Ali is preparing to be listed in the United States, and he must first meet the demands of American financial institutions for shares. Those financial institutions in the United States are also not philanthropists, and how can they do things that are not beneficial?
In particular, Ali now has to give most of his shares to Yahoo, and there are no extra shares for Zhou You, so he has sentenced Zhou You to death in his heart.
But for Zhou You's request to meet him, of course he won't refuse, even if the business can't be done, he doesn't mind making more friends. Although Zhou You is a little fierce, after all, he is also one of the top 20 billionaires in the world! It is better not to offend such a person.
It was under such circumstances that Zhou You came to Hangzhou and was warmly received by Ma Yun.
Zhou You knew Ma Yun very well in his previous life, and he still admired him. He is also one of the few leaders in China with an international vision and ability, and he is quick and eloquent, except for a slightly heavier desire for profit, there are not many obvious shortcomings.
But it's hard for Zhou You to really like him, because he is so good at showmanship, and many times he doesn't act like an entrepreneur, but like a star.
Compared with him, Brother Xiao Ma is much more low-key and more realistic, so Zhou You also prefers entrepreneurs like Brother Xiaoma.
In the industrial park in Xixi, Zhou visited the headquarters of Ali, which is not particularly famous at present, and in the evening, Ma Yun also entertained Zhou You in a private restaurant in Xixi.
During the reception in the afternoon, Zhou You and he did not mention the matter of shares. It wasn't until the end of the dinner that Zhou You sent an invitation to Ma Yun and invited him to his room to sit down.
Ma Yun and his right-hand man Cai Congxin happily accepted the invitation, and only Demosa and Sanchez participated in this small-scale meeting.
According to the requirements of Zhou You, the hotel arranged a hearty snack and fruit in the small bar in his room, and the five people sat in the comfortable sofa, listening to melodious music, and tasting the private wine brought back from Colombia by Zhou You, and the atmosphere was relatively peaceful.
Zhou You is not a very patient person, and he held back for an afternoon, so after introducing to Ma Yun the mode of cooperation between him and Baidu and Tengxun, he asked directly: "Mr. Ma, you and I are both busy people, and I don't want to be stuck in the negotiation of investing in Ali all the time." I just want to listen to Mr. Ma's words, investing in Alibaba, can the obstacles between us be resolved? β
Ma Yun didn't directly answer Zhou You's words, and said with a deep sigh: "I am personally very happy about Mr. Zhou's optimism about Ali, but because the shares of Ali in the early stage were dispersed too quickly, we do not have many shares in our hands at present." Yahoo demanded at least 40 percent of the shares on the condition that Yahoo China merge with Alibaba, plus $1 billion in cash, and just to get some shares back from some investors. More importantly, in order to promote Alibaba's listing in the United States in the future, we must also reserve a part of the shares to meet the demands of American financial institutions for shares, so it will be very difficult for us for Mr. Zhou to insist on a minimum of 5% of the shares. β
Zhou You asked: "Even if I am willing to put a 50% premium on the evaluation of other investors, can't I coordinate?" β
He shook his head a little embarrassed and said, "It's not about money......"
Zhou You understood and said, "Although my company is now registered in Singapore, in the United States, I am not without other relationships. In terms of some ideas for the future development of Alibaba, I also have a relatively complete plan here, and I believe that there is no other organization that can have such help from me. β
Ma Yun laughed and said, "Mr. Zhou is really embarrassing to me...... In this way, in order to show that I attach importance to Mr. Zhou, I can promise Mr. Zhou to subscribe for no more than three percent of the shares, which is already the greatest sincerity I can show. β
Cai Congxin added: "The three percent of the shares still need to be adjusted between the various shareholders. β
Zhou You groaned for a while and laughed, and said, "For me, less than five percent of the shares doesn't mean anything to me at all. Because I believe that with my planning alone, Yahoo will not help Ali any less than Yahoo has helped Ali. Since Mr. Ma and Mr. Cai have difficulties here, then I didn't say it. Come, drink, although today's business has not been negotiated, but I can make friends with the two of you, and my trip to Hangzhou is not in vain. β
Several people's wine glasses collided together, and in the next time, their topic was on the wind and snow, on Ma Yun's attention to Tengxun, and they never talked about shares again.
For Tencent, Ma Yun is also extremely curious, because Tengxun is a wonder in the Internet industry so far. Every Internet company is in a hurry to make money, rush to raise funds, and then rush to go public.
Even companies like Microsoft, Amazon, and Apple are no exception, because in order to seize the market, these companies need a lot of money to help companies conquer the city.
But Tencent is different, since absorbing Zhou You to become an angel investor, Tencent relies on the huge profits of online games, and the funds are completely self-sufficient.
A few years have passed, and now Tencent has become the most profitable Internet company in China, and its profits have squeezed into the top ten of the world's Internet companies, but Tengxun still has no intention of secondary financing and no plan to go public, which makes everyone a little incomprehensible.
At present, Tencent's shares are mainly concentrated in the hands of Zhou You and the founder team, Zhou You alone accounts for 40% of the shares, and then the founder team occupies nearly 50% of the shares, and the remaining 10% is a little more than 10%, mainly because of Tencent's strategic acquisition, which has been dispersed.
However, this 10% stake has brought a well-known legendary game for Tencent, and a more bullish Blizzard stake for Tencent, making Tencent an irresistible giant in the Internet game industry.
In 2002, Blizzard Entertainment's parent company, Vivendi, lost $23.3 billion. Teng Xun seized this opportunity and obtained 30% of Blizzard Entertainment's shares from Vivendi in the form of cash and share exchange. Although it does not have a controlling stake, it has a monopoly on the development and promotion of Blizzard games in Asia, and this investment alone has been hailed as the most successful investment case of 2002.
Although Ali has now become the largest platform for domestic enterprises to communicate with foreign companies, in terms of profitability, Ali is far inferior to Tencent. If Tencent is willing to go public, Tencent's market value will be much higher than Alibaba.
Therefore, Ma Yun also asked tentatively: "Mr. Zhou, the development of Tengxun has entered a new stage, but we have not seen that Tengxun has the intention of going public, I don't know what specific plan Mr. Zhou has for the future development of Tencent, is Tengxun willing to accept some strategic investment?" β
Zhou You couldn't help but be happy, he wanted Ali's shares and was rejected, and the other party even hit himself with the idea. He smiled and said, "Is Ali interested in Tencent's shares?" β
Ma Yun said with a smile: "Everyone knows that Tengxun's shares are a cash cow, even if you want to get Tengxun's shares, the price is quite large." Even if we get a billion dollars from Yahoo, we won't be able to invest more than a third of the money, but if Mr. Zhou wants to, we can put all of this money into Tencent. β
Zhou You also replied with a smile: "It's not a matter of money." β
Indeed, Tencent has the cash cow of online games, and now there is no shortage of money in hand, even if you want to find new investors, you must find the kind of institution that will help Tencent's future development. As for Ali, he simply does not have this qualification.
In terms of technology, Ali has only built a platform, and its technical reserves are not only inferior to Tencent, but also compared with most domestic Internet companies. Ma Yun and they are just a group of marketing masters, and the technology in their hands is just street goods.
Like Tencent, is a master of imitation, relying on QQ to make a fortune they not only have instant messaging and online games in their hands, but also any new transactions in the market, Tengxun can quickly imitate them.
As for the whiteness of Zhouyou's investment, it is a powerful tool for search engines, and Mr. Li can rank among the top three search engine experts even in the world.
Therefore, the hindrance of traveling to invest in Ali is because of promotion problems, but Ali wants to invest in Tengxun, which is even more a bit of a snake swallowing an elephant and is beyond his means.
In their hands, there is nothing that Zhou You can look at.
After sending Ma Yun away, Zhou You said to Sanchez: "Call Cao Yongqing and apply for a route to Pengcheng tomorrow, since Ali rejected our olive branch, then I have to let them know that this will be their biggest mistake!" β
Yes, the current Ali is just a small character who has not grown up. For Zhou You, he clearly knows Ali's future development path, he only needs to be a little ahead of them everywhere, so that the other party can always be in his shadow for the rest of his life, and even, he can develop a company that far surpasses Ali, let Ma Yun know that offending himself is the biggest mistake in his life.