My Age of Investment - Chapter 1536 PY deal with Jack Ma

   Chapter 1536 PY deal with Jack Ma

   Hearing Xia Jingxing's words, Jack Ma's mind turned fast in an instant.

  What does Mr. Xia mean? fishing?

   He admitted that he did have the idea of ​​using Sogou as a bargaining chip, but what Xia Jingxing said was too blatant, is he the kind of person who likes to threaten others?

Jack Ma pretended to be confused, and said righteously: "Daren, who do you think of me, Jack Ma, even if you don't agree with Alipay's split, I will sell the remaining 16% of Sogou to you.

  What is the use of Ali and Yunfeng Fund holding this equity? Blackmail you? "

   Looking at Jack Ma who was angry, Xia Jingxing smiled and comforted: "Of course I know what you are like, old Ma, I'm just joking with you, don't be angry."

  Jack said angrily: "I've been hurt by the Alipay incident recently, and you are not in China, so Sogou's equity transaction has been delayed.

   As long as you nod, we can sign the equity transfer agreement today. "

  Xia Jingxing waved his hand with a smile, "Okay, old horse, needless to say, you are a man of loyalty, so of course I have to be loyal."

   Speaking of this, Xia Jingxing suddenly stopped talking, making Jack Ma, who was looking forward to it, speechless, but you agree! Are you kidding me?

   He was full of benevolence, righteousness and morality, but his heart was filled with business.

   "How about we ask Christina and Sun Zhengyi to have a talk? As long as they don't object, I have absolutely no opinion on the splitting of Alipay."

Seeing Xia Jingxing playing Tai Chi with him, Jack Ma rubbed his hands together, pretending to be indescribable, and said, "That's what I think, you are Chinese, and I am also Chinese, and we are involving hundreds of millions of Chinese citizens. It is necessary to maintain a consistent pace on a series of basic database matters related to the national economy and people's livelihood, such as financial data, consumption habits, and even related CPI and PPI.

   The first elder values ​​you so much, and pays so much attention to Ali, we can't let him down, can we? "

  Xia Jingxing was a little tired of Jack Ma's harassment, and even brought up the issue of citizens' information security.

  Is this true? Now that the company is listed in the United States, there is no need to hand over the relevant data. All the data of Alipay and Alipay are stored on the local server, and are looked after by Chinese employees. How can foreign capital interfere?

Whether    will leak data or not depends on which side of the management's **** sits.

But Jake Ma has brought out the righteousness of the country and the nation at this moment, Xia Jingxing was not easy to refute, so he could only reply: "Your worries are not unreasonable, there is a saying that the greater the ability, the greater the responsibility, the citizen information, we must properly protect it.

   Now that Alipay's data is all stored in Fuxing Cloud, you can rest assured that it will never fall into the hands of any malicious foreign forces. "

Looking at Xia Jingxing's serious and serious expression, Jack Ma felt a little bitter in his heart. He even released such a big move, but it was easily resolved by the other party. It seems that Xia Jingxing's Tai Chi pushing skills are not weaker than him in the slightest. .

   But it doesn't matter, he has a back up.

   "Dailun, do you think this will work? Alipay's mainland operating entity is jointly controlled by Alipay and Vision Capital China."

   Jack Ma looked straight at Xia Jingxing, he did not believe that the other party was still not interested in such conditions.

   This trick of "divide and conquer" is something he learned from Xia Jingxing.

Xia Jingxing attempted to increase his shareholding in Ahri the year before last, not to mention their management, but also Yang Jieyuan, David Ferro and Sun Zhengyi, and even Microsoft was quite satisfied with the money-saving plan proposed by Xia Jingxing. So Xia Jingxing finally completed a seemingly impossible acquisition under such a circumstance that satisfies the interests of all parties.

   After careful review, he realized how clever Xia Jingxing was.

   Of course, he didn't feel that he was at a loss, because the management of Ahri was also full of food in this acquisition, and increased its shares by several points.

   So he felt that Xia Jingxing was ruthless, the people who were exploited knew they were being exploited, but they didn't have any resentment afterward—except for Microsoft.

   Microsoft may have the heart to kill Xia Jingxing now, but Microsoft was quite satisfied at the time and felt that it saved a lot of acquisition costs.

   It was because he knew that Xia Jingxing had a lot of fun, so Jack Ma decided to have a PY deal with Xia Jingxing.

  Xia Jingxing and Jack Ma looked at each other for a few seconds, then shook their heads and laughed: "What about Facebook and Softbank?"

   "They take the money, or sign an ex post compensation agreement with them."

  Jackma knew very well that Xia Jingxing was the biggest person in charge of Ah Li right now. Envision Capital directly controlled 33% of Ah Li’s shares, and Facebook, which is related to Xia Jingxing, also held 11% of the shares.

   As long as Xia Jingxing was persuaded, the split of Alipay was more than half successful.

   As for SoftBank, it is something that can be sacrificed.

  Xia Jingxing can be considered to have learned the ruthlessness of Lao Ma. Sun Zhengyi helped Ari a lot in the early days, but now Lao Ma is determined to send Softbank to the altar. In order to convince himself, Lao Ma has also invested a lot of money.

   To be honest, Xia Jingxing was quite tempted by the conditions offered by Jack Ma, after all what Jack Ma gave was not a small sum, it was related to the interests of hundreds of billions.

  On the eve of his rebirth, Alipay's parent company had already submitted a prospectus to the Hong Kong Stock Exchange and the Science and Technology Innovation Board. If it goes public, the market value may exceed 2 trillion yuan.

   Whether the listing was successful in the end, he does not know.

   "I'm afraid it's not easy to settle on the old grandson's side!"

   Hearing Xia Jingxing's words, how could Jack Ma not know that the fish has been bitten, he just mentioned Facebook and Softbank, and now only Softbank is mentioned. Isn't this a signal?

   He never overestimated Xia Jingxing's personal conduct, and the facts also proved that he was not mistaken, Xia Jingxing is such a person, a dead Taoist friend is not a poor Taoist.

   "You just need to appease Facebook, Sun Zhengyi's ideological work is handed over to me."

  Jack Mabey put out four fingers and said in a very solemn tone: "After the completion of the matter, 40% of Alipay's shares will belong to you, and 60% will belong to the management of Alipay."

  Xia Jingxing frowned slightly, "I don't want 40%, I don't want too much, because this is the due share that originally belonged to Vision Capital and Facebook."

Hearing this, Jack Ma felt a little uncomfortable and felt that Xia Jingxing was too greedy. 44% of the shares originally belonged to the shareholders of Facebook and the LPs of Vision Capital, but now Xia Jingxing alone holds 40% of the shares , I'm still not satisfied with this, how big is the appetite?

   "The shares of Facebook and Vision Capital will be bought by me personally!"

   At first Jack Ma didn't understand what Xia Jingxing meant, but he quickly reacted and asked, "Acquisition at market price?"

"if not?"

  Xia Jingxing smiled without saying a word, who are the LPs behind Envision Capital? America's elite! Who are Facebook shareholders? All big investment banks, asset managers and hedge funds.

   Does he dare to blatantly hack the money of these people?

  Acquisition of Alipay equity according to the market price, and go through all the procedures, so as not to leave any hidden dangers.

  Although he is very jealous of Alipay's equity, he does not intend to do something like Jack Ma.

  After the Alipay equity transfer incident in the previous life was exposed, the management of Yahoo was sued by the furious shareholders. The shareholders seriously suspected that the management and Alipay had reached a secret agreement that harmed the interests of all shareholders.

In the end, the trouble was too great. Alipay, which has become wholly owned by the management of Alipay, was forced to sign an agreement with Alipay, promising to give 37.5% of the shares of Alipay to all shareholders of Alipay when Alipay was listed in the IPO. Cash compensation corresponding to market value.

   is equivalent to Alipay, which was supposed to be wholly owned by Alipay, and finally became a 37.5% stake.

  Has Jack Ma earned such a hand even at the risk of fame? Data shows that his direct shareholding in Alipay is only 8.8%, which is exactly the same as when Alipay was split off.

   That is to say, Jack Ma did not gain any undue benefits from the Alipay spin-off.

   On the contrary, most of Alipay's shares are in the hands of employees. Chairman Pang Lei alone holds 9.89% of the shares, which is higher than Jack Ma's shareholding ratio.

  Is there any possibility of holding this on behalf of you? Not so good to say.

   In short, on the surface, Jack Ma’s behavior of splitting Alipay was relatively selfless, and did not seek any illegitimate benefits from it.

   Jack Ma looked at the upright Xia Jingxing and asked again, "Are you sure you want to do this? Alipay's current valuation is not low."

  Xia Jingxing smiled, "It's okay, I don't care!"

   Jack Ma was half-choked to death by this sentence. He thought about it, and yes, the master in front of him is indeed not bad for money, and he cherishes his feathers more, and always likes to use upright conspiracy.

  Compared to Xia Jingxing, who is not poor in money, he is still struggling with how to fill Sun Zhengyi's appetite. If he doesn't do it, he has to borrow money from Xia Jingxing or Envision Capital Private Equity Credit Fund, or a Chinese bank under Envision Financial Holdings.

   "Well, 44% of the shares belong to you. The specific transaction price is up to you to negotiate freely with Vision Capital and Facebook."

   Jack Ma had no objections. After all, Xia Jingxing was outgoing money with real money, and it was in line with the relevant procedures. He had no reason to object.

   On his side, he only needs to acquire the 20% stake held by SoftBank, plus the management's 36% stake, a total of 56% stake, firmly occupying the controlling stake in Alipay.

  Xia Jingxing's shareholding is 44%. Combined with their management's shareholding, Alipay is a 100% domestic enterprise, which meets relevant regulations.

The    plan is so perfect that it can be executed like this.

  …

   After getting Jack Ma, Xia Jingxing called Christina and Abel respectively, and talked with them about the split of Alipay.

   Neither of them has any opinion on this. As long as the valuation is reasonable, the corresponding Alipay shares are sold to Daxia Capital, which is completely controlled by Xia Jingxing.

   But there is still a small hidden danger. When Alipay’s valuation skyrocketed, Facebook shareholders and Envision Capital LP will definitely jump out to question whether this related transaction is fair.

In the previous life, Hu Zuqi did the same thing. On the eve of Alipay's listing, he kicked the LP of Chunhua Capital out of the car and transferred the fund shares to his relatives. In the end, he was invested by a group of more than one million yuan. For several years, high-net-worth LPs who only earned a few thousand yuan have questioned the cutting of leeks and the transfer of benefits online.

   As everyone knows, Dr. Hu is sacrificing himself for others, and using his own money to block a group of LPs, otherwise the LPs will not even earn a few thousand dollars, or they will lose their principal.

  Xia Jingxing can’t think about the long term for the time being. For the moment, if he doesn’t acquire Alipay’s equity, it is entirely possible for Jack Ma to leave him alone and transfer 100% of Alipay’s equity to himself and the management.

   So he can only choose the lesser of the two evils and choose to join forces with Jack Ma.

  …

  …

   On December 25th, Xia Jingxing brought a group of shareholders of the domestic holding group to the domestic building located in Shangdi Science and Technology Park.

  Hai Nei Building was originally called Fuxing Building. Later, after the Fuxing Industrial Headquarters Park in Yizhuang was repaired, Fuxing Industrial Group sold Fuxing Building at a friendly price to a domestic holding group that had not yet built a headquarters building and was not particularly convenient for office work.

  After a construction period of more than two years, the Hainei Building, which is divided into two office buildings AB, has been completed.

   Block A is 249 meters high and has 49 floors above the ground;

   Block B is 199 meters high and has 40 floors above the ground.

The two skyscrapers stood out among the low-rise buildings in Shangdi Science and Technology Park. This is why Qianxun and the Conscience Group have always opposed the construction of domestic buildings. One of the domestic holding groups.

   may also have some reasons for this!

  Hainai Building was just completed and while it was still being renovated, Conscience Holdings Group was acquired by Fuxing Industry.

   Now that the domestic holding group is about to move into the domestic building, Chihiro's good days are almost coming to an end.

   It is conceivable that in the future, there should be a new legend of Jianghu in Haiding District.

  Xia Jingxing stood at the bottom of the building and looked up at the two towering buildings. The new and translucent glass curtain wall was shining in the winter sun.

   Anyone who sees these two buildings for the first time may not be able to help but look at the three thick "golden belts" connecting the two buildings, that is, the three air corridors connecting the two buildings.

  Xia Jingxing led the crowd into the building while introducing the various magical uses of the air corridor to the shareholders.

   "The total construction area of ​​the two buildings is 400,000 square meters, which can accommodate 12,000 people working at the same time.

   At present, the domestic holding group has a total of five business groups including social networking, WeChat, corporate services, pan-entertainment, and technical engineering, as well as two directly controlled subsidiaries of Haifutong and Sogou, with a total of 9,812 employees.

  Because some business departments are distributed in overseas, Modu and Yangcheng, the employees who move into the Hainei Building are limited to the local business departments in Beijing. The number of employees is about 6,000, which can fill half of the working spaces of the building.

   The relocation work will start this month, and when the New Year is over, everyone will no longer have to crowd into the small Zhongguancun office building when they hold a shareholders meeting. "

  Chen Hong walked behind Xia Jingxing one step behind the other shareholders, and said with a smile: "Jingxing, you have to work hard, strive to fill up all the workstations next year, and build a new building the year after."

  Xia Jingxing followed the topic and said, "It's hard to support so many employees!

   Many businesses including WeChat and corporate services now require group blood transfusions, and it is not enough to rely on pan-entertainment business to support the family. "

  Xu Xin, Lin Xinhe, Deng Feng, Zhu Min and other shareholders understood the subtext of Xia Jingxing, this is the rhythm of financing again!

   Today's domestic holding group financing has become very important, not to mention tens of millions or hundreds of millions, at least one billion starts, and the unit is still US dollars.

   "Are you going to make a big push into the search engine market?"

   Xu Xin asked in a low voice, and the others also looked up at Xia Jingxing.

   "The development of the domestic holding group has entered a bottleneck period, we need to work harder to complete the final sprint for listing!"

   (end of this chapter)