Silicon Valley

v2 Chapter 594: Buy shares in Taobao

People from the three venture capital companies all got together.

The person sent by Henry opened his mouth and said: "Hello everyone, I am Meng Wenfu, manager of Nicholas International E-commerce Group China. My purpose is very simple, which is to buy your shares in Taobao!"

The representatives of the three venture capital firms looked at each other.

Meng Wenbin continued: "We are willing to buy your shares in Taobao at a high premium of 15%. If we do, we will close the deal; if we don’t, Nicholas International E-commerce will madly suppress Taobao! Everyone! Would you like to see the stock in your hand depreciate, or sell it for a higher price now?"

"Mr. Meng, hasn't Taobao been suppressed by Nicholas International E-commerce? Now it occupies 9% of China's e-commerce market!" The representative of Sequoia Capital opened his mouth, with a hint of sarcasm in his tone.

Meng Wenbin laughed when he heard the words. He looked at the representative of Sequoia Capital and said with disdain: "Taobao is just making money at a loss. Have you really made money? In addition, all the shops on Taobao are Who? More than 70% of them are counterfeit vendors, which leads to a worsening reputation! Do you know what people say about Taobao?"

"Fake goods concentration camp!!!" Meng Wenbin smiled contemptuously, "According to the information we have collected, it is precisely because Taobao has too many fakes, so the user viscosity is the lowest among all e-commerce sites. People buy For valuables, Amazon will be the first choice!!!"

"In addition, on the mobile side, Amazon, by and Alibaba have already accounted for more than 95% of the market share. With more and more smartphone users, the mobile side will be more important than the p-side! And the smart phone is the mobile side. At the entrance, the current three hottest smartphones, Williams ys1, Hongnian Xiaomi and Apple PN, are both the industries of His Majesty Williams, and the two major smartphone operating systems, Android and S, are also the industries of His Majesty Williams. If Taobao is blocked, do you think Taobao has any prospects for development?"

As soon as Meng Wenbin finished speaking, the representatives of the three venture capital companies changed their expressions.

"Sell or not, please make your decision this morning!"

After speaking, Meng Weibin picked up the tea cup and drank the tea leisurely.

The representatives of the other three venture capital companies got together and began to discuss in a low voice.

After three or four minutes, the three people agreed.

Then, representative d opened his mouth and said: "Our three venture capital companies have unanimously decided to sell Taobao shares to you, but at a premium of 20%!"

"Okay, no problem!!!" Meng Wenbin nodded and said, "At present, Taobao has not yet been listed, but based on its market share and sales, we have given a valuation of 800 million US dollars. A total of 25% of the shares, a 20% premium, or 240 million U.S. dollars! If everyone is okay, we can sign a contract now!"

The three looked at each other and nodded.

So, that afternoon, Henry bought 25% of Taobao's shares!

After signing the agreement, Meng Wenbin said: "Our transaction should not be announced yet. Even Jack Ma and Softbank will also notify us. I hope everyone can keep it confidential!"

"All right, no problem!"

...

At this moment, Sun Zhengyi was so busy during this time that he had to sell Softbank's assets!

Just as Sun Zhengyi was worrying about money, a Chinese venture capital firm named "Orient Capital" came to the door, "Mr. Sun, I am Liu Liang from Oriental Capital Ventures. Our company is more interested in Taobao. I don't know. Can Softbank give up its shares? If Softbank is willing to sell its Taobao shares to our company, we can give 400 million US dollars!!!"

Sun Zhengyi frowned lightly, a little hesitant!

Oriental Capital Liu Liang was over 1.8 meters tall and cut a short, flat hair style. Sun Zhengyi happened to be his shoulder height. "Mr. Sun, SoftBank is facing a stock market crisis. US$400 million can play a big role! If you hesitate, I'm afraid SoftBank will be dead!" Liu Liang said without a smile, obviously meaning to take advantage of the fire. !

Sun Zhengyi's face became quite ugly, his eyes fixed, and he made a very decisive decision: "Okay, we sell it to you, but the funds must be in place immediately!!!"

"No problem, you signed the contract on the same day, and the money was immediately transferred to SoftBank's corporate account!"

Liu Liang looked at Sun Zhengyi and praised him, "As expected of Mr. Sun, he really has the courage to survive by docking his tail, which is really admirable!"

Sun Zhengyi was not happy because of the other party's appreciation. He was very unwilling to sell his shares in Taobao. However, in order to save Softbank, he had to do it!

"Thank you for the compliment. You also know the current situation of Softbank. In order to hurry up, can we sign the contract immediately?!" Sun Zhengyi said solemnly.

"Well, when you say it, when!" With that, Tommy Washington snapped his fingers and ordered to the female secretary on the side, "Two agreements are drawn up immediately, and Mr. Sun of Softbank asked to sign with us immediately! "

"Yes!"

Liu Liang turned his head to look at Sun Zhengyi, holding a glass wine glass, and said: "Come on, Mr. Sun, let's have a toast. It won't be long before the agreement can be drawn up."

Mr. Sun held up a smile, picked up the wine glass and touched Liu Liang, and said, "Cheers!"

After a glass of wine, it's all bitter!

...

An hour later, Sun Zhengyi came out of the venture capital organization with an agreement. From then on, Taobao has nothing to do with Softbank! In the cold wind, Sun Zhengyi couldn't help but shiver, and his sparse hair turned white before he knew it...

Beijing.

"Your Majesty, Liu Liang has already obtained shares in Taobao!" Willett reported immediately.

"Very well, let Liu Liang go to Hangzhou immediately and notify Ma Yun as a major shareholder to hold a general meeting of shareholders!!!"

"Yes!"

...

In the afternoon of the next day, at Hangzhou Airport, Tommy Washington led the team to Hangzhou. Jack Ma personally picked up the plane at the airport.

Softbank sold its shares to Oriental Capital, and Ma Yun couldn't help but see a glimmer of hope. Oriental Capital is a venture capital company registered in the Cayman Islands~lightnovelpub.net~ It is a relatively mysterious but very powerful venture capital institution in China. It has invested in Ctrip, Youku, Tudou, Kuaibo, Baofengyingyin Many Internet companies such as Xunlei, Bitauto, etc. may be able to bring investment to Taobao!

Everyone then came to Taobao headquarters, and the general meeting of shareholders officially began!

Ma Yun took the lead and said: "This is Liu Liang, our new shareholder representing Oriental Capital. Welcome everyone!"

Bang bang bang!

After the applause, Jack Ma asked: "Mr. Liu, you proposed this shareholders meeting. Is there anything else?"

Liu Liang smiled and said straightforwardly: "Orient Capital not only holds 40% of Taobao shares in Softbank, but also bought 25% of Taobao shares in D Capital, Sequoia Capital and D Capital. That is, Said that Oriental Capital holds 65% of Taobao's shares!"

When Ma Yun and Taobao management heard this, they were shocked!

(To be continued. Your support is my biggest motivation.):30:18

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