America's Road to Fame

Chapter 147 Goodbye Boss Ma

Chapter 147 Goodbye Boss Ma
The news Boss Ma got from Yang Zhiyuan was not very different from what Cai Chongxin got after confirming it. Therefore, he also basically believed that William Chen had the strength to buy the shares of Ali from Yahoo, but the shock in his heart was still great. Yes, you know, William Chen is just in his early 20s and already has such assets.

And it is conceivable that he can spend so much money without hesitation to buy Ali's shares, so what do he think about his company?This is a big variable.

Under such circumstances, William Chen and Boss Ma met again.

"We meet again, Mr. Ma." William Chen said to Boss Ma with a smile after shaking hands with him.

And Boss Ma's performance was a little more enthusiastic than before, with a friendly face:

"Mr. William, the last time we said goodbye, I didn't expect you to give me such a big shock when we met today."

"It shouldn't be a shock, it should be a surprise, because I believe that if I buy the Alibaba shares in Yahoo's hands, our cooperation will be closer, and it will be a good thing for Mr. Ma."

Seeing Chen William's determined expression, he seemed to be very sure about taking Ali's shares from Yahoo. Boss Ma didn't know if he was pretending to be like this, or if he was really so sure, and asked with some doubts. :
"I don't know what Mr. William said, but I'm all ears."

"I have studied the e-commerce market in Huaguo, and I was very optimistic about Ali a long time ago. Unfortunately, I have missed the best opportunity for investment. When I invest, the most important thing is the ability of the founder, so I am optimistic about Ali. The main reason is that I have great confidence in you, Boss Ma, and I believe that under your leadership, and only under your leadership, Ali can achieve greater development."

In any case, Boss Ma is still very useful to William Chen's words, and he has also heard of similar words from Softbank's Sun Zhengyi.

"So if we can become a shareholder of Ali, we will be very different from Yahoo. They don't know the situation in Huaguo. It can be seen from the split of Alipay this time. Of course, this approach is also easy to let Investors are concerned, and I believe you have heard similar doubts from Mr. Sun Zhengyi."

Seeing Boss Ma's face change slightly, William Chen continued to smile and said:

"But I am different. I believe that you, Boss Ma, are a responsible entrepreneur. Therefore, regarding Alipay, I will support you in localizing this project. In return, I believe that before this project goes public in the future, we will Shareholders will also be compensated accordingly.”

In fact, this is exactly the case. Regarding Alipay, if you say that Boss Ma is not authentic, he does have his own considerations, and in the end, he took out nearly 40% of the shares before Ant Financial went public. Compensating old shareholders, including Softbank and Yahoo, is not bad, because after that, the project has gone through multiple financings.

Therefore, at this time, William Chen might as well express his support for Boss Ma on this matter.

Sure enough, upon hearing what he said, Boss Ma's expression improved a lot, but he still had some concerns. After all, he was different from Yahoo. Although the two of them had some conflicts now, Boss Ma still had the confidence to persuade each other. The relationship between them is still good, at least, they have cooperated with each other for many years.

As for William Chen, one has never had much contact with him, and he doesn't know his style of doing things. Moreover, he is too young to know whether he has the determination to persist in adversity. These will affect the cooperation between the two parties in the future, so If Boss Ma had a choice at this time, he would definitely prefer to cooperate with Yahoo.

But William Chen's next words reassured him a lot:
"I know that when Yahoo invested in Ali, it granted you part of the voting rights to ensure your control over Ali. This time is 10 years, and it will not expire until 2015. Boss Ma, I As I said, I want to invest in Ali because I am optimistic about your leadership, so I always believe that you are the soul of this company."

"So if I get the shares of Yahoo, I can guarantee that as long as you are in Ali Company, the voting rights corresponding to the shares I hold will always stand by you in the operation of the company for a year, and have all the rights related to you. I will not use my veto on any proposals, I will only keep my votes and abstentions, which can be written into our agreement."

This means that if William Chen buys Yahoo's Ali shares, he will hold 40% of the voting rights in his hands, and will never pose a threat to Boss Ma. At most, he will only abstain from voting on the issues raised by him.In this case, Boss Ma can easily control the company's operations.

With William Chen's guarantee, even in the face of conflicts with Softbank, Boss Ma still has the confidence to control the company, so he is very satisfied with his guarantee.

Now, he finally believes what William Chen said before. It is indeed a good thing for him that the other party bought this part of the shares. Right, the time limit is 10 years, as time approaches, he feels more and more dangerous about it, and has been trying to figure out how to solve this problem.

The best way before was to form an acquisition group with companies that supported him in the United Nations to repurchase Yahoo's stock.But those stocks are now valued too high, and it is not easy to get that much support.In his previous life, it was near 2015 that he finally raised US$76 billion and repurchased half of the Alibaba shares held by Yahoo, eliminating this hidden danger.

Now William Chen's statement is equivalent to letting him relieve the hidden danger in advance, and he immediately feels relieved.

With these conversations, Boss Ma immediately expressed his welcome to William Chen to join Ali's board of directors, and hoped that his acquisition would go well, and that Boss Ma's attitude could be obtained, which was the purpose of William Chen's trip.

Later, Chen William also said that if he becomes a shareholder of Ali, then under the current economic situation, if Ali needs funds, he can also contact other venture capital institutions to raise funds for Ali, such as Goldman Sachs, which has a good cooperation with him now. .

For Chen William himself, if he can successfully acquire the Ali shares held by Yahoo, then holding 40.00% of Ali shares is enough.After all this time.It is purely hoped to increase its influence on Huaguo's e-commerce field and make a lot of money by the way.

If his shares continue to increase, I am afraid that Boss Ma will have more suspicions about him, and it will affect Ali's future development in China, which is not beautiful.

But speaking of Goldman Sachs, it was actually a major shareholder of Ali in the early days. Goldman Sachs' investment in Ali is similar to that of Li Jiacheng's second son Li Pingkai's investment in Penguin.

At that time, Cai Zhongxin joined Ali, and the first investor he found for Boss Ma was Ms. Lin Xiaru, who worked at Goldman Sachs. She invested in Ali for Goldman Sachs early and obtained 33% of the shares. It was still in 1999.

At the beginning of 2004, Ali’s Taobao faced eBay, which occupied more than 90% of the domestic market share at that time. At that time, Ms. Lin Xiaru also left Goldman Sachs, so Goldman Sachs sold the investment, which had increased by 7 times, for 2200 million US dollars, and these shares , 15 years later, worth more than $1200 billion.

Therefore, Goldman Sachs' investment in Ali is destined to be the same as Li Pingkai's investment in Penguin. It will be cited countless times later and become a negative example of their investment.

The next day, accompanied by Boss Ma, William Chen visited Ali Company at this time, but rejected Boss Ma's proposal to organize a gathering with Hangzhou entrepreneurs for him.

Because his acquisition of Ali's shares has not yet come to an end, he still hopes to keep a low profile.

So, after leaving Hangzhou, William Chen flew to Yanjing again. When he was about to take a rest in the first class cabin of the plane, a clear female voice suddenly said to him:

"Excuse me, are you Mr. William?"

(End of this chapter)

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