My Age of Investment

  Chapter 1038 Holding more than half of the shares

  "Dalun, when are you considering building a headquarters? I heard that Renaissance Industries has invested tens of billions to build a headquarters park building in China, and the United States has to hurry up!

   Facebook is now a large company in Silicon Valley. A new headquarters is not only responsible for the corporate image, but also helps strengthen the cohesion within the team. "

  In the rooftop garden of the office park leased by Facebook, Yang Zhiyuan sits on a wicker chair, sipping coffee while looking at the surrounding flowers.

  Xia Jingxing took a sip of coffee and put down the cup at will, “Wait for the company to go public and then consider it. There is no money to build now.”

  Sun Zhengyi raised his hand, "If you are short of money, SoftBank can help."

  David Filo quipped: "You are thinking about Facebook equity all day long."

  Sun Zhengyi smiled and made no secret of his importance on Facebook.

  Yang Zhiyuan retracted his gaze and looked at Christina, who was sitting aside, “This is your arrangement, right? The style is the same as your garden at home.”

  Kristina smiled and said: “Sometimes after sitting in the office for a long time, I think of coming upstairs to get some breathable air. I simply set it up as a rest area in the back to give employees an extra place to relax.”

  "A good American boss!"

  Yang Zhiyuan sighed with emotion. Today, these new shareholders came to visit Facebook together. Looking along the way, he was quite satisfied and full of vitality, which made him seem to have seen Yahoo ten years ago.

  For him to serve as the chairman of Facebook, Christina also expressed welcome and support, which made him completely free of doubts.

  A new journey, a new start! Yang Zhiyuan secretly cheered on himself, and kept admonishing himself to be worthy of the favor of Darren and Christina.

Ma Yun rolled his eyes and suddenly said, "Kristina, the conversation at the reception was too short that day, and many things were not fully discussed. It happened that everyone was there today. Let's talk about the plan you mentioned. Everyone listened and made suggestions."

  Hearing this, everyone present turned their attention to Kristina. Now everyone is a shareholder of Facebook, and of course they are all concerned about the development of Facebook.

  Especially Facebook’s stake in Ari, which has caused a lot of controversy in the Silicon Valley Internet and investment circles these days. Many people commented that this is a bad move, and sooner or later they will have to pay for the failure.

  Kristina smiled, “Everyone should know that Ari has a B2B business that connects Chinese suppliers with businesses all over the world.

  My plan is that Facebook will develop a new plug-in for Ari B2B, so that Ari’s B2B website can get enough exposure and display on Facebook.

  Interested users can go to the Ari B2B overseas station through the Facebook platform for consultation and ordering.

  In addition, some large merchants of Ari B2B can also create public homepages on Facebook to promote their own products, and consultations and transactions can also be completed by jumping to Ari B2B overseas stations.

  If the results of the above plans are good, we can start to establish a larger-scale cooperation with Ari. "

  Sun Zhengyi nodded, "This plan is good. If it works well, Facebook can bring a steady stream of traffic to Ali's overseas stations, and then convert it into transaction volume and orders.

  For Ari, there will be one less factor restricting internationalization, and it is a very important one. "

Sun Zhengyi is very satisfied with this plan. He now holds shares in both companies. The two companies work together to open up overseas e-commerce markets and Facebook obtains advertising and marketing revenue. A typical win-win situation, there is no opposition. Reason.

  David Filo smiled and said, “Isn’t it proof of selling T-shirts before? Facebook has the foundation to be an e-commerce platform.”

  Yang Zhiyuan entered the role very quickly, and he started to think about the problem from the position of Facebook.

  He pondered for a moment and said: “Before selling T-shirts was achieved through cooperation with Amazon. Amazon has solved the tasks of warehousing, logistics, transactions and other aspects for Facebook.

  Relying on the one-stop convenient service provided by Amazon, Facebook can sell T-shirts to thousands of individual users so easily.

  And the most on the Facebook platform are also individual users. I am not very optimistic about the B2B business you mentioned. It is not as promising as the B2C business or the C2C business.

  But to do the latter two, we need to solve the logistics, warehousing, technology, station building and other issues I just mentioned. "

  Ma Yun laughed, "I really want to do B2C and C2C, but we don’t have much experience in going overseas, and as you said, there are many problems that need to be solved, let’s talk about it later.

  B2B business is much simpler. Relying on the existing business network and overseas sites, Facebook provides us with traffic and matches transactions. We are sure to take on a sharp increase in orders without affecting the quality of service.

  We are not too far-sighted. We will first find out some cooperation experience and successful models, and then we will talk about establishing more extensive cooperation. "

  Yang Zhiyuan nodded slightly. Jack Ma’s words were old-fashioned. He didn’t say that he opened up big cooperation. It should have learned the lessons of blind expansion and the failure of opening branches around the world in the early years.

  In fact, Yang Zhiyuan doesn’t support Facebook’s large-scale e-commerce business now. It’s not too late to focus on social networking, and it’s not too late to talk about making a big splash in the e-commerce field after it’s listed.

  Now Kristina and Jack Ma’s plan is very measured in his opinion. It is essentially a traffic business, not much different from Facebook’s past cooperation with Amazon and eBay.

  Xia Jingxing said: "Have you considered cooperating to develop cross-border e-commerce?"

  Ma Yun was stunned for a moment. The term was quite novel. He then thought, Ari B2B overseas station is not a cross-border e-commerce company.

  Xia Jingxing continued: “Import overseas products back to China and sell them to individual users through the Ari platform; Chinese people register for an e-commerce account on Facebook and sell domestic products to overseas users on the Facebook platform.”

   With such an explanation, Ma Yun immediately understood, adding: “We can also rely on the flow advantages of our respective platforms to complete the sales of goods in the two markets, and we can also build overseas warehouses and logistics systems together.”

  Xia Jingxing nodded, “Yes, Ari’s B2B website can even supply small businesses on Facebook, and they will complete the next level of distribution.

  However, foreign users are not in China after all. If the product selection is not good, it is estimated that there is no competitiveness. "

   "Ari can contribute. Our mission is to make the world easy to do business."

Seeing that the two of them talked and became more excited, Kristina couldn't help but interrupt: "Is it too early to add e-commerce functions to the Facebook platform? And if the page is too complicated, it does not fit our social platform positioning. ."

   Being interrupted by Christina in this way, Xia Jingxing stopped the topic and smiled, "You are right, it is a bit early. Let's talk about the first phase of cooperation first."

  Ma Yun feels quite unfulfilled. He feels that he has found the wealth code and also found an opportunity to enter the base camp of Amazon and eBay.

  Why do foreigners go to China to become e-commerce companies, sprinting wildly, and China’s e-commerce platforms can’t go global?

  At this moment, Ma Yun was full of pride and began to think about how to use Facebook, the shareholder's resource, to help Ari complete the global layout.

  Ari has actually explored the way out, but was beaten a lot, which made Ma Yun dare not go out for a long time.

  Everyone chatted in the garden on the roof for an afternoon, and then they separated.

  Yahoo’s affairs are basically over, and Jack Ma is going back to China by night plane.

   Standing by the car door, he took Xia Jingxing's hand, and kept saying whether he would get drunk and not return when Xia Jingxing returned to China. In fact, he was still thinking about the international layout.

  "Daren, don’t send it, let’s go back!"

  Ma Yun waved to Xia Jingxing, then got into the car with a big laugh.

Sitting in the car, Ma Yun felt a lot of emotion. This trip to the United States did not come in vain. Not only did he find an opportunity for internationalization, he also increased his holdings by more than two points. Now his shareholding in Ari has reached double digits. It’s up to 10%, which is not easy.

  The other two shares were distributed to Cai Congxin and other Luohan. Everyone had soup to drink.

  The price is that he and his team pledged half of Ari’s equity to Goldman Sachs and Morgan Stanley.

  This is also the acquisition loan Xia Jingxing helped to match, and he owed Xia Jingxing a favor.

After watching Ma Yun leave, Xia Jingxing and Yang Zhiyuan sent away Sun Zhengyi and David Filo in turn.

  After negotiating with Yang Zhiyuan and David Filo, SoftBank finally got 1% of Facebook equity. Although this shareholding ratio is not high, Sun Zhengyi is already very satisfied, at least not absent from this industry's top case.

  Yang Zhiyuan gave up all his cash and replaced all 3.9% of Yahoo’s equity with Facebook’s equity, holding 4.33%.

  And David Ferro, another Yahoo founder, chose to take Microsoft stock and cash for the bulk of the transaction, while holding a small share of Facebook, about 1.1%.

Sun Zhengyi and David Ferro did not join Facebook’s board of directors because of their low shareholding ratios. Only Yang Zhiyuan joined Facebook and will serve as chairman of the board. At the same time, he has also been named a co-founder. .

  Xia Jingxing patted Yang Zhiyuan on the shoulder, "Jerry, in the days to come, please help me take more pictures of Facebook."

  Yang Zhiyuan knew what the relationship between Xia Jingxing and Kristina was, and smiled and put his arms around Xia Jingxing’s shoulders, "Don't worry, I will do my best to cooperate with Kristina."

Xia Jingxing nodded gently, "You have a high reputation in the American Chinese circle. If you have nothing to do, you can show up more and attend some events. There are so many Chinese engineers and scientists in Silicon Valley, and many talented people will not be reused. If you have the opportunity If you do, you can dig out more outstanding Chinese to join Facebook."

  Yang Zhiyuan thought that Xia Jingxing wanted to help the Chinese compatriots improve their status, and agreed with a smile.

  Actually, Xia Jingxing didn’t care about these things leisurely. He just wanted to cultivate a few talents like Lu Qi and Shen Xiangyang through Facebook. If he had the opportunity to dig these people back to China, that would be even better.

  After Yang Zhiyuan left, Xia Jingxing and Christina also got off work and went home early.

  I am not in a hurry to do that, but urgently want to recalculate the equity ratio.

   After absorbing 11% of Alina’s worth of US$2.75 billion and issuing 6.43% of new shares, Xia Jingxing and Christina’s shareholding in Facebook was partially diluted.

Xia Jingxing’s personal shareholding fell to 27.67%, and Liqiu No. 2 Fund’s shareholding fell to 18.71%. Half of the fund shares belonged to Xia Jingxing personally. The other half of the fund shares were sold to U.S. dignitaries and China Investment Group. Therefore, after the fund penetrated, he The total shareholding is 37.02%.

  Kristina’s shareholding dropped to 13.24%.

  Together, they hold more than half of the shares.

  (End of this chapter)