Hearing Wang Bin's new proposal, the two presidents discussed separately for another night.
Jack Ma, who has a brighter earnings outlook, hesitated slightly, and Ma Huateng has already endorsed the agreement.
In fact, from the perspective of historical development, Wang Bin or Wang Ai's agreement is also full of sincerity.
In 2011, Alibaba, which had already made huge waves in Chinese society with Taobao, received a $1 billion investment from Yahoo, accounting for 40% of the shares!
At this time, Alibaba's self-hematopoietic ability was already very strong, and Yahoo's investment only accelerated the process of its expansion.
More than ten years ago, in 1999, the total investment was 70 million US dollars, accounting for only 10% of the undiluted equity, which can be said to be quite favorable conditions.
After all, more than a decade later, 10% of the equity is only $250 million.
In the past ten years of development, 70 million US dollars have been turned into 250 million, which is only 3.6 times.
Even if you buy a house in Beijing, the house price in the Third Ring Road in 1999 was 3,000 square meters, and in 2011 it reached 58,000 square meters, an increase of 20 times.
Compared with the steady growth of housing prices, investing in an Internet company with uncertain prospects and how risky it is, quadrupling in more than ten years is simply a free gift.
Therefore, Ma Yun did not dwell on it for long, and signed an agreement with the Beyond Internet Investment Company represented by Wang Bin very happily.
This agreement has satisfied both companies for more than a decade.
It wasn't until the two companies went public in the U.S. with a combined market capitalization of more than $400 billion that some of the noise appeared.
After all, the value-added rate of 70 million to 40 billion is too fast.
But as soon as the murmur came out, it was strongly pressed by the two Ma presidents, and even Ma Huateng, who was a Buddhist, was unceremoniously.
This kind of pink eye is indeed not conducive to the development of enterprises, and besides, 10% of the shares of Internet investment companies have never been sold, no matter what wind and rain they encounter, they will not move at all.
In other words, people are optimistic about the development of their enterprises, but they have never thought of selling their shares for profit, even if it is worth 40 billion?
For such long-term holders, the market value is more or less just a reference, because the stock market has ups and downs, and it is normal for 400 billion today to become 200 billion tomorrow.
In the past ten years, Beyond Investment Company has only received a little company dividend and the salary of Wang Bin's independent director.
What many new hires don't notice is that all first-generation entrepreneurs don't make any noise because they know what many latecomers don't know.
For example, with such a huge amount of capital injected, it surpassed the Internet investment company but never interfered with the operation of the two companies; When there was a dispute within the enterprise, he never intervened, but always stood silently behind the two presidents.
More importantly, in the early days of the development of the two companies, Wang Bin's enterprises gave the two Internet companies great help, even help that is difficult to measure in money.
For example, after the historic meeting, Wang Bin retained the two Ma presidents and invited the two Ma presidents to attend the celebration reception after the signing of the agreement between the three major paper groups.
This is a very rare opportunity for two start-up Internet companies to expand their contacts, and the leaders of the National Development and Reform Commission, the Ministry of Industry, and the CEOs of enterprise groups with huge financial strength and social influence participated in the reception.
Although the two companies did not seek more investment in this meeting, and they did not need it for the time being, their contacts were greatly expanded.
Since then, until the two companies have gained a foothold, whenever Wang Bin attends any major business events, he will call the two presidents and ask if they are interested in participating.
In other words, at this time, it was Wang Bin who took the two of them to play.
Thanks to Wang Bin's leading role, they have been able to get in touch with a wide range of political and business levels more quickly, and have also received more investment from Chinese companies.
Of course, thanks to Wang Bin's drive and encouragement, these Chinese companies that invested in the two companies also expressed their high respect to Wang Bin many years later.
At the same time, at the critical stage of the development of the two enterprises, the Wang family's family business also spared no effort to support.
For example, MSN, which has gradually entered the Chinese market with overseas returnees, was the biggest opponent of Tencent's core business QQ in the early stage of its development.
Although MSN China was officially established in 2005, this is the official website of MSN, which does not mean that MSN chat software is in China, in fact, on the Chinese Internet in 1999, there are no fewer people who use MSN than those who use QQ.
The former is mainly promoted among high-end people, while QQ is used by real Internet beginners.
Although the two software are obviously QQ's user-friendliness, they can't stand the early development of MSN, and they have established a strong stickiness among most of the people with returnee backgrounds because of their friends.
In this difficult stage of QQ's development, after accepting the capital injection from Beyond Internet Investment Company, Beyond a series of Internet cafes began to fully uninstall MSN and install QQ.
In 1999, there were only 4 million Internet users in China and only 1.46 million computers connected to the Internet.
Among them, it is one in 60 that surpasses the Internet café.
However, the characteristics of Internet café computers are that each computer has an average of more than 10 users, which is equivalent to QQ having a fixed user base of 300,000 in a month, accounting for 13% of the total number of Internet users in China that year.
What's more, with the high-density coverage that surpasses Internet cafes in Liaoning Province, QQ has gained a firm foothold in Liaoning Province and has a stable user base.
After the high-quality users who surpassed the Internet café generally used QQ, they began to extend to a wider range of high-end people through their interpersonal relationships, and finally QQ repelled the MSN supported by high-end returnees with the support of local high-end people.
In the critical period of Alibaba's development, it has also received strong support from Wang enterprises.
At the beginning of the establishment of Taobao in 2003, the two reputable enterprise products of the North Paper Group and Bendan Food announced that they would stay in Taobao, which was the first large domestic enterprise to establish its own official flagship store, and it was also the first to become a member of Tmall.
At the same time, Sihai Logistics, which had been independent from the Northern Paper Group at that time, highly supported Taobao's commodity distribution in the three eastern provinces, eastern Inner Mongolia, Beijing and Tianjin, and greatly solved the logistics dilemma in the early stage of Taobao's development with the characteristics of high density, high strength, high speed and high safety.
It is precisely because of this strong support that Taobao is also the first to gain a firm foothold in northern China.
More than ten years later, a person who had worked beside the two Mr.
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Ma discovered the existence of Wang Bin, so he published an article entitled "The Father of China's Internet Industry" in China Economic Weekly, which analyzed the relationship between Wang Bin and the development of China's Internet industry, and highly praised the CEO of the business industry for his continuous investment and strong support for the Internet industry over the years.
As soon as the article came out, not to mention how ordinary netizens paid attention, none of the Internet bigwigs spoke, as if they had acquiesced to this.
After all, the powerful Beyond Internet Investment Company is already recognized as an incubator for China's Internet industry.
Unexpectedly, a few days later, Wang Bin, who was busy with his busy schedule, took time out of his busy schedule to visit the magazine, and the editor-in-chief of the magazine personally accompanied him, and he was inevitably apprehensive about the sudden visit of this well-known deputy to the National People's Congress and vice chairman of the Federation of Industry and Commerce.
Wang Bin was interviewed by the editor-in-chief on the spot, and the next issue of the magazine published this interview report, entitled "Wang Bin: I am just a friend of China's Internet industry".
Wang Bin openly said that if the role of the father of China's Internet industry exists, then it should be the scientists who have been working in obscurity for decades in computer and Internet-related technologies since the founding of the People's Republic of China, and it is they who have laid the foundation for China's Internet development.
At the same time, it should also be the leaders of those enterprises that have led China's Internet industry to overcome obstacles and overcome difficulties, some of them are still in Internet companies, and some have left the industry.
And I don't know much about the Internet to this day, after all, I'm just a layman, and it is an exaggeration to say that I am the father of the Internet industry, which makes me feel ashamed.
At best, I'm just a friend of the Chinese Internet industry, and there are many friends in the Internet industry like me.
Two days after Mr.
Wang's interview appeared, a 1,000-word essay titled "True Friends, Caring for Each Other with All Hearts" went viral on the Internet, revealing for the first time details of an important meeting at the Jingxi Hotel in the summer of 1999.
In this meeting, which was ridiculed by netizens as the "four-party talks", there were not only the two presidents of Ma who later became famous all over the world, but also the bigwigs in the industrial industry, Wang Bin, the king of Chinese papermaking, and Wang Ai, a football superstar who has become famous all over the world.
At the same time, it also disclosed some examples of a series of enterprises such as North Paper Group and Tencent and Alibaba helping each other over the years, and finally summarized the close cooperation between the two sides with a high degree of trust for more than ten years.
The most noteworthy thing is that the author of this article is signed "Ma Shuang", an unknown author who suddenly appeared.
This article is very special, and many of the details in it are known to outsiders for the first time, so many people speculate that it should be written by the two presidents themselves.
"Ma Shuang" is equal to "Ma Shuang", equal to "Double Horse", but with the status of the two Ma Zong, it is very difficult to rank before and after, so it is simply called "Ma Shuang".
This was later admitted by Jack Ma during an interview.
The interview documentary of Wang Bin's personal visit and the joint article of the two presidents have become a footnote to Wang Bin's historical positioning as a "friend of China's Internet industry", and have also become a microcosm of the rapid development of China's Internet industry for more than ten years and countless brilliance, and of course, it has also become a good story of intimate exchanges between the two sides. ()