Xu Qinglian sat in Wang Ai's arms, puzzled and asked, "Aren't we still shareholders of Ali?"
”"Yes."
Wang Ai nodded, and by the way, he pulled his girlfriend's body to make her sit more comfortable: "If it was before, we will tell you about it, and we will definitely give us the top resources."
But not now, we don't have access to the top resources right now, unless we spend a lot of money.You're still just starting it, and it's a waste of top-level resources, both in terms of the size and thickness of the plate.After all, after you grow little by little, the resources that match your strength can play the greatest role. ”"Hmm."
Xu Qinglian responded, was silent for a moment, and suddenly said, "Listen to what you mean, it seems that there is a problem with our cooperation with Boss Ma?"
”Wang Ai raised his head and thought about it, and shook his head: "It's not a problem."
In 99, we invested 100 million, accounting for 10% of the undiluted, we are the first round of angel investment, and the only one.You know, this traditional investment thinking, at least you have to see something, what kind of land, what kind of factory, the worst you have to have a wide range of social relations.What did Boss Ma have at that time?
has a mouth, so no one in the country votes for him except us, and he happily accepts this 10%.The same is true of the pony boss, Tencent's situation back then was similar to Ali's.And now, uh......""
Has the protocol changed?
”Xu Qinglian asked keenly, and when she saw Wang Ai nodding, she said in surprise: "It's written in black and white!"
”Wang Ai smiled and patted Xu Qinglian's face: "Say stupid things." ”"Oh, tell me what's going on!"
Xu Qinglian turned around and faced Wang Ai face to face.Wang Ai thought for a while and said, "Have you ever heard of a "Quanmei Case" in Peking Opera?
Oh, the folklore of Chen Shimei, you've always heard of it, right?
Don't the older generation always say Chen Shimei and Chen Shimei when they scold people?
We don't discuss what happened to the real Chen Shimei in history, let's talk about the story itself, your character. ”Xu Qinglian was a little impatient with Wang Ai so far, and said angrily: "I can't taste it!"
”Wang Ai smiled: "This shows that any agreement is a reflection of the strength of the two sides."
Aren't Chen Shimei and the original partner the same?
And some contemporary Chen Shimei?
If there are strong moral and legal constraints between individuals, then in the shopping mall, you know, the shopping mall is like a battlefield, and many times there are no rules, depending on who has the highest means and the strongest strength. ”Speaking of this, Wang Ai sighed: "Now, if Ali is listed, the scale will not be smaller than ours."
So how can this 10% not be diluted?
After the third round of financing the year before last, we were tested by the other side.It was listed in Hong Kong at the end of last year.Our 10% is very eye-catching, and there are people who want to get our treatment in every round of investment, and there is also a lot of pressure on Boss Ma's side.So before the listing in Hong Kong last year, Boss Ma came to Beijing to talk to my dad again, and my dad agreed to change the terms of the year due to various internal and external factors. ”"How much did you lose by that?""
It's not a big loss, it's still the same sentence, it's a matter of strength.Back then, we had the strength to maintain this 10%, but now although our strength has grown, Ali has grown faster, in contrast, we can't maintain it, so we have to change.Of course, we are all heavy assets, Ali's side is basically light assets, they still can't beat us if we really fight, but we can't get better, so we can talk about it, and the leader's meaning is to let us solve it peacefully. ”"So, what terms?""
It's complicated, I can't remember that much specifically, simply put, before the listing, our 10 undiluted became dilutable 16, and after the listing, we took out 6 and still kept 10.""
That's ......"
Xu Qinglian thought for a while: "While retaining 10% of the dilution, 2 billion Hong Kong dollars were recovered?"
9 years of angel investment......
Like, so. ”Wang Ai smiled: "Don't be too greedy, it's okay, with our strength, that's it."
In the future, if Ali goes public in the United States, it will definitely have to make a big leap.But that kind of money, we can't make it, it has to be a powerful investment bank like Morgan Stanley, which speculates, invests, and pushes up the stock price at the same time.It's a capital game in other people's homes, not something that can be participated in if you have money, or can you let us eat meat?
If we had 10% at that time, people wouldn't have been able to do it, and I guess it would have been up to the sky if we could keep 5%. ”Xu Qinglian was silent for a while, looked at Wang Ai and said, "If, I mean, when Boss Ma talks to his uncle, we don't agree, what will happen?"
You just said that the leadership doesn't want us to fight, but this is also against both sides, not just us, right?
”Wang Ai nodded: "Of course, Ali is the future and hope, but we are also the living guarantee of hundreds of thousands of laid-off workers in Northeast China. ”"Then what will happen if we don't budge?"
Wang Ai thought for a while: "Actually, what I just said may be a bit abstract, so I'll talk about it in detail now."
Suppose, assuming we don't fight, Boss Ma can't do anything?
No.For example, Ali's core is Taobao, and Taobao can actually be spun off.For example, we don't give in, so good, Boss Ma organized Taobao's people to set up another company, and the original Taobao business was developed independently, do we have a way?
”"Isn't that a transfer of benefits?
Violation of the Listed Companies Act?
”Xu Qinglian frowned."
People don't break the law at all, or it's really illegal, we are also a minority shareholder in Ali, not a controlling shareholder, and we don't have much right to speak.And in the final analysis, our original investment was invested in Boss Ma, which is actually a talent investment.People really have to go out and do another set on their own, what can we do?
Do we have the talent to do that?
Do you want to say a lawsuit?
This kind of case can be concluded in no matter how many years it takes, even if it is concluded, it may have changed over time.And if you really want to go to court, it will really tear your face, which is equivalent to starting a war between our two families, which is what both of us and our superiors try to avoid. ”"So what?"
Wang Ai held Xu Qinglian's face: "My dear, accept it when you see it, time changes, there are no immutable rules in the shopping mall."
You can't look at business-to-business relationships in terms of credit between people. ”Xu Qinglian sighed, was silent again, and suddenly asked, "Then, what about us and Tencent?"
”Wang Ai laughed: "Boss Pony is kind, or thin-skinned, but the idea is the same."
Since we've talked to Boss Pony like this, don't wait for Boss Pony to hold back.So also last year, we reached a similar agreement with Tencent. ”Reborn at the top of football