659. Stealing the Dragon and Turning the Phoenix!

Wang Teng's eyes were full of golden light at this time, this Li Yifan is really bad, he is not convincing people with reason, and we Chinese people like to talk about convincing people with virtue at all, this is completely special in the rhythm of pit people!

Hehe, allowing Yahoo to buy up to 40 percent of our shares now, such a big piece of fat thrown out, I'm afraid Americans can't open their mouths.

But if they have a long mouth, is this piece of fat so delicious?

It is true that the scale of our Alipay company is really not enough to make our domestic regulatory authorities pay attention, and even in the eyes of the Americans, it is just a mosquito leg, which may become thicker.

But what if this mosquito leg becomes a chicken leg in the future? Look at it, when the domestic supervision of this area is concerned, will it be as unwilling to take a look at it at all as it is now?

China's government departments have always liked to be an afterthought, and they want to come out of the way, and in the financial market, because of the particularity of the domestic national conditions, they have the right to absolutely control.

It is not an exaggeration to say that it is a change of day, and as long as their policy is promulgated, you will have to obey it at that time, even if you are a foreign company with strong funds.

Look at the temperamentless foreign companies that have been rectified by the Chinese government in later generations, no matter what Google or Facebook, even if you are hot abroad, as long as you are disobedient on my one-third of an acre of land, then don't think about coming in and playing.

"Brother Wang, think about it. Let's transfer these shares. A memo can be indicated. Also written into the contract, these clauses, for example, we can transfer 40% or more to Yahoo, but never more than 50% of the shares, but Yahoo is also not allowed to sell these shares to a third party, or a fund or any other foreign company. Moreover, Yahoo's shares must be at least 26 percent, and if there is any change in the future, then Yahoo must sell their shares to us first. And the price, hehe, set it for him not to be higher than 550 million, or 600 million dollars, or whatever......"

At this time, the smile on Li Yifan's face was very cheap and sinister, and Wang Teng completely understood what Li Yifan meant, this kid is really cheating on this Yahoo.

"But Yahoo isn't a fool on his side, can't they see such an obvious trap on our side?"

Wang Teng still asked with some concern.

"Hehe, what can you do when you see it? Additional clauses like this are in any financing contract on shijie. Where can't you see it? Are there even more harsh conditions than that? You look at how the two founders of Google played, and they went public. After selling a lot of shares of the company, I still have to play AB shares with you, that is, even if you buy the company's shares and own most of the company's shares, but for the company, you have no part to speak, and the company is still controlled by two people with absolute power, what do you say you can do? As a result, aren't there so many people and companies waiting to buy their shares? ”

When Li Yifan said this, Wang Teng was also relieved, the reality seems to be true, there are indeed many additional clauses in the financing contracts in Shijie, and these additional clauses are generally aimed at the financing party to prevent the other party from playing tricks.

Because throughout the ages, these cash-holding financiers have done too many unethical things, and there have been countless tragic cases like this in the United States.

After you have financing, you have to have the right to speak in the board of directors, and after you have the right to vote, you will pick and choose the company's operation, constantly interfere with the company's operation, and add to your blockage.

Later, since the nineties of the last century, many emerging electronic technology industry companies have raised their vigilance against these capital predators, and have added a lot of restrictive clauses to many financing contracts to restrict the black methods of those capital predators to prevent the other party from stealing their own companies.

Later, such a tradition has been passed down in this way in the electronic technology industry, but in the electronic technology industry in China, sometimes I really think that I am thirsty for money, so I don't pay much attention to such restrictive clauses, but in recent years, with more and more network companies, the founders of many companies have begun to pay attention to such financing terms.

These terms proposed by Li Yifan seem to be very ridiculous and harsh, but if you think about it carefully, it is not particularly difficult to accept, at least they still give away certain benefits, real money.

"Yifan, about setting the downline of this Yahoo shareholding at 26%, I'm afraid there will be some controversy. In case the Americans think too much......"

"What's this? Brother Wang, do you know that Americans have the ability to cross the bridge and draw boards, they invest in a company, and when the company makes money, they will encourage people to go public, and then sell a lot of other people's shares to cash out, such a thing, they are not less. But for an industry like Alipay, I believe they won't, after all, the benefits of PayPal, they have been greedy for a long time, our Alipay is Huaguo's PayPal, do you say they are willing to throw out such a company's shares? Let's write the article like this and give them an explanation, so to speak, just in case, if Yahoo in the United States is not doing well, they will sell our shares when they continue to cash out, so we added such a forced repurchase clause, I believe they are acceptable. ”

Li Yifan's explanation, Wang Teng felt that it was barely reasonable.

"In that case, wouldn't they be more willing to hold on to our shares and not let go? What if they really don't take it out? ”

Wang Teng is still a little unwilling, and the Americans have been putting their hands in their wallets for so long.

"They don't want to sell, we can force him to sell, don't forget that our Huaguo is taking the market economy route with Chinese characteristics, as long as our e-commerce develops, I don't believe that the country will not introduce a new policy for third-party payment platforms."

"But what if the state-mandated foreign shareholding ratio is higher than 26 percent?"

"Humph! Then let's let him make too many rules, and it must be less than 26 percent. ”

Speaking of this, the cold light in Li Yifan's eyes flashed, hehe, wait until a few years later, with the scale of the development of his real economy, I believe that when the time comes, he should be able to find what many people have to say in the center of the imperial court.

Wang Teng was also in his heart when he heard this, and suddenly remembered the mysterious background of the kid opposite, the reason why he had always liked to do business with this kid before, a large part of which was that he fell in love with the mysterious shili behind this kid.

Now seeing what he said and swearing, Wang Teng really believes in his heart that he can have the ability to influence the adjustment of national policies in this way.

But how did he know that it was not he Li Yifan who would have the ability to influence the country's payment policy on third-party online platforms in the future, but Wang Teng?

In the original Shijie, Wang Teng founded Alipay in 2004, and Alipay was also named after his 40 thieves website, and later in 2005 he talked with Yahoo about financing.

But after 2008, Yahoo continued to decline, and his Forty Thieves Company began to grow by leaps and bounds by picking up the leaks, Wang Teng was no longer satisfied with the constraints of Yahoo, so he pondered to divest the core industry of Alipay from the Forty Thieves Company.

Later, the state was about to introduce a policy on third-party payment, so he used his connections to let the state introduce a policy to limit the shareholding ratio of foreign capital in the third-party payment industry to 25%.

In the financing contract he negotiated with Yahoo back then, there happened to be restrictions on third-party payment platforms such as Alipay and shareholding ratios.

This is the time in the previous life, Wang Teng and Yahoo played a beautiful game of stealing dragons and turning phoenixes.

And in this life, when Wang Teng didn't think of this, Li Yifan thought of this hand in advance.

As for the original shijie, Yahoo had a bad relationship with Wang Teng because of this incident, and later in the listing of the forty thieves, he kept stumbling on Wang Teng, which Li Yifan is not worried about now.

In the previous life, the core industry of the Forty Thieves Company before it went public was the increasingly large scale of the Leak Net, but in this life, this Leak Finder was not attributed to the Forty Thieves Company by Wang Teng like in the previous life.

And a few years later, when the leak network rises, the B2B industry made by the 40 thieves company cannot be compared with the scale of the leak network, so the Americans want to toss the 40 thieves to go public, they have to toss it, anyway, they are the 40 thieves who are shareholders, not the leak net...... (To be continued......)