Chen Hao soon arrived at Alibaba's Hangzhou headquarters. Although the scale is not very large, it is definitely not small, and there are all administrative office buildings.
When Chen Hao came to Alibaba, someone soon recognized him. After all, the movie "Quick Chase" has been so popular in China during this period, and it is impossible not to know him.
Soon a special person was receiving Chen Hao in the reception room. What's more coincidental is that Jack Ma was also here today. I heard that an international star came to his company, so he came to the reception room as soon as possible.
After a polite greeting, Jack Ma was very surprised by Chen Hao's appearance, because the industry they were in should not have much connection, so he was very curious about Chen Hao's arrival.
Of course, Jack Ma is definitely not a movie idiot, otherwise he will not invest in Huayi, and he also had a peak conversation with Stephen Chow.
Needless to say, the movie "The Great Resistance" starring Jack Ma in 2017 has brought together top domestic action actors, but it fully demonstrated his ability to make money. If you can fight, you can only be at a disadvantage in the face of money ability.
After Chen Hao explained his purpose, Jack Ma was first surprised, followed by curiosity, curious about how Chen Hao was interested in his company.
He also knew Chen Hao, but he didn't know much. He mainly knew that the other party starred in a Hollywood action movie and was also the head of the seven major Hollywood MGMs.These are the most basic information you can find by looking online.
Chen Hao told Jack Ma that he is very optimistic about Alibaba's future prospects, so he wants to invest in Alibaba.
In fact, Alibaba is still very short of money at this stage, so after Jack Ma carefully considered it, he still welcomed Chen Hao's desire to invest in Alibaba.
I called several executives from the company, brought Chen Hao together, found a restaurant, and prepared to have a chat while eating.
The atmosphere during the chat was very harmonious. Jack Ma was a very eloquent person. Although he did not have his status more than ten years later, his eloquence advantage was not as simple as the future.
Finally, when talking about how much Chen Hao planned to spend to buy Alibaba's shares, when Chen Hao proposed to buy Alibaba's shares for 300 million, Jack Ma and his executives were not too shocked.
But when Chen Hao told Jack Ma and his executives that it was $300 million, not $300 million, their faces were full of shock. Unexpectedly, Chen Hao was so generous.
Even Jack Ma couldn't sit firmly on Diaoyutai, and asked Chen Hao repeatedly if he really planned to spend 300 million US dollars to invest in Alibaba!After receiving Chen Hao's affirmative answer, even he couldn't help but smile.
After all, Jack Ma is not the CEO of a large company with a market value of hundreds of billions of dollars more than ten years later. Although Alibaba's momentum in the past two years is not as good as the top in China, it is not even the best in the Internet field. Tencent has developed earlier than them and has made breakthrough progress in some areas. It is said that it plans to list on the Hong Kong Stock Exchange. In comparison, Alibaba is much inferior.
However, if Chen Hao had a capital injection of 300 million US dollars, Alibaba could become one of the top major companies in the Internet industry and one of the largest companies in China. In 2003, not any company could afford 300 million US dollars, and it would be more than 2 billion Ah when it was converted into RMB. Which company in the domestic private enterprise dares to say that it could mobilize more than 2 billion cash flow at will.
But if Chen Hao's $300 million can be paid now, Alibaba will immediately have more than 2 billion in cash flow, and Jack Ma can't make any plans in advance.
Compared to the excitement of executives, Jack Ma can calm himself down and ask Chen Hao how many shares he plans to buy for Alibaba with US$300 million.
Chen Hao told Jack Ma that he planned to buy 40% of Malibaba's shares for US$300 million, and he owns 40% of Alibaba's economic interests and 35% of voting rights every year!
After listening to this, Jack Ma not only did not feel at a loss, but instead felt that he seemed to have taken advantage of it!Of course, he firmly believes that Alibaba will become bigger and stronger in the future, and will never let any investor suffer a loss.
Chen Hao was so refreshed, and Jack Ma did not push back. After discussing the details, he decided to sign the contract tomorrow because Jack Ma was really short of money.
After discussing the investment matters, the next time naturally, the guests and hosts were having fun. Jack Ma also toasted like Chen Hao frequently. When he finished lunch, Jack Ma even got drunk.
After seeing off Jack Ma, Chen Hao contacted Standard Chartered's branch in Hangzhou and asked them to arrange a lawyer for themselves tomorrow to handle contract matters with Alibaba.
And today we started drafting the contract and told them about their general requirements to the Hangzhou Branch of Standard Chartered Bank to prepare the contract as soon as possible.
Compared with Alibaba's future value, Chen Hao's purchase of 40% of Alibaba's shares for US$300 million is not a loss.
You should know that two years later, in 2005, Alibaba and Yahoo announced that the two parties had signed a cooperation agreement, Alibaba acquired all Yahoo's assets in China, and received a US$1 billion investment from Yahoo, and enjoyed exclusive use of Yahoo's brand and technology in China; Yahoo received 40% of Alibaba's economic interests and 35% of its voting rights.
Chen Hao only spent 300 million US dollars to obtain the same economic benefits and voting rights that Yahoo has obtained, which is a sure profit.
The reason why he can get it for $300 million now is that he has taken a big advantage because the time is two years ahead of schedule. The time difference is two years, and Alibaba's valuation is completely different.
As expected, after signing the contract tomorrow, Chen Hao will soon become Alibaba's second largest shareholder. Who is the largest shareholder? Naturally, Japan's SoftBank. As early as 2000, Masayoshi Son invested 20 million US dollars in Alibaba, and later added some more, tens of millions of US dollars.
Because it invested earlier than Chen Hao, SoftBank undoubtedly became Alibaba's largest shareholder. This is a pity, but this cannot defeat Chen Hao.
After acquiring Alibaba, he had another new idea, which was to buy the remaining shares of Alibaba from SoftBank, and intersect with each other, and the proportion of shares of Alibaba that Chen Hao could get was very exaggerated.
The only thing I worry about is that SoftBank does not intend to sell Alibaba's shares to Chen Hao. After all, investing in Alibaba so early must be a fancy to Alibaba's development potential. How could he be willing to sell the shares to Chen Hao, unless Chen Hao is willing to offer an exaggerated price that is irresistible.
When Chen Hao came to Alibaba, someone soon recognized him. After all, the movie "Quick Chase" has been so popular in China during this period, and it is impossible not to know him.
Soon a special person was receiving Chen Hao in the reception room. What's more coincidental is that Jack Ma was also here today. I heard that an international star came to his company, so he came to the reception room as soon as possible.
After a polite greeting, Jack Ma was very surprised by Chen Hao's appearance, because the industry they were in should not have much connection, so he was very curious about Chen Hao's arrival.
Of course, Jack Ma is definitely not a movie idiot, otherwise he will not invest in Huayi, and he also had a peak conversation with Stephen Chow.
Needless to say, the movie "The Great Resistance" starring Jack Ma in 2017 has brought together top domestic action actors, but it fully demonstrated his ability to make money. If you can fight, you can only be at a disadvantage in the face of money ability.
After Chen Hao explained his purpose, Jack Ma was first surprised, followed by curiosity, curious about how Chen Hao was interested in his company.
He also knew Chen Hao, but he didn't know much. He mainly knew that the other party starred in a Hollywood action movie and was also the head of the seven major Hollywood MGMs.These are the most basic information you can find by looking online.
Chen Hao told Jack Ma that he is very optimistic about Alibaba's future prospects, so he wants to invest in Alibaba.
In fact, Alibaba is still very short of money at this stage, so after Jack Ma carefully considered it, he still welcomed Chen Hao's desire to invest in Alibaba.
I called several executives from the company, brought Chen Hao together, found a restaurant, and prepared to have a chat while eating.
The atmosphere during the chat was very harmonious. Jack Ma was a very eloquent person. Although he did not have his status more than ten years later, his eloquence advantage was not as simple as the future.
Finally, when talking about how much Chen Hao planned to spend to buy Alibaba's shares, when Chen Hao proposed to buy Alibaba's shares for 300 million, Jack Ma and his executives were not too shocked.
But when Chen Hao told Jack Ma and his executives that it was $300 million, not $300 million, their faces were full of shock. Unexpectedly, Chen Hao was so generous.
Even Jack Ma couldn't sit firmly on Diaoyutai, and asked Chen Hao repeatedly if he really planned to spend 300 million US dollars to invest in Alibaba!After receiving Chen Hao's affirmative answer, even he couldn't help but smile.
After all, Jack Ma is not the CEO of a large company with a market value of hundreds of billions of dollars more than ten years later. Although Alibaba's momentum in the past two years is not as good as the top in China, it is not even the best in the Internet field. Tencent has developed earlier than them and has made breakthrough progress in some areas. It is said that it plans to list on the Hong Kong Stock Exchange. In comparison, Alibaba is much inferior.
However, if Chen Hao had a capital injection of 300 million US dollars, Alibaba could become one of the top major companies in the Internet industry and one of the largest companies in China. In 2003, not any company could afford 300 million US dollars, and it would be more than 2 billion Ah when it was converted into RMB. Which company in the domestic private enterprise dares to say that it could mobilize more than 2 billion cash flow at will.
But if Chen Hao's $300 million can be paid now, Alibaba will immediately have more than 2 billion in cash flow, and Jack Ma can't make any plans in advance.
Compared to the excitement of executives, Jack Ma can calm himself down and ask Chen Hao how many shares he plans to buy for Alibaba with US$300 million.
Chen Hao told Jack Ma that he planned to buy 40% of Malibaba's shares for US$300 million, and he owns 40% of Alibaba's economic interests and 35% of voting rights every year!
After listening to this, Jack Ma not only did not feel at a loss, but instead felt that he seemed to have taken advantage of it!Of course, he firmly believes that Alibaba will become bigger and stronger in the future, and will never let any investor suffer a loss.
Chen Hao was so refreshed, and Jack Ma did not push back. After discussing the details, he decided to sign the contract tomorrow because Jack Ma was really short of money.
After discussing the investment matters, the next time naturally, the guests and hosts were having fun. Jack Ma also toasted like Chen Hao frequently. When he finished lunch, Jack Ma even got drunk.
After seeing off Jack Ma, Chen Hao contacted Standard Chartered's branch in Hangzhou and asked them to arrange a lawyer for themselves tomorrow to handle contract matters with Alibaba.
And today we started drafting the contract and told them about their general requirements to the Hangzhou Branch of Standard Chartered Bank to prepare the contract as soon as possible.
Compared with Alibaba's future value, Chen Hao's purchase of 40% of Alibaba's shares for US$300 million is not a loss.
You should know that two years later, in 2005, Alibaba and Yahoo announced that the two parties had signed a cooperation agreement, Alibaba acquired all Yahoo's assets in China, and received a US$1 billion investment from Yahoo, and enjoyed exclusive use of Yahoo's brand and technology in China; Yahoo received 40% of Alibaba's economic interests and 35% of its voting rights.
Chen Hao only spent 300 million US dollars to obtain the same economic benefits and voting rights that Yahoo has obtained, which is a sure profit.
The reason why he can get it for $300 million now is that he has taken a big advantage because the time is two years ahead of schedule. The time difference is two years, and Alibaba's valuation is completely different.
As expected, after signing the contract tomorrow, Chen Hao will soon become Alibaba's second largest shareholder. Who is the largest shareholder? Naturally, Japan's SoftBank. As early as 2000, Masayoshi Son invested 20 million US dollars in Alibaba, and later added some more, tens of millions of US dollars.
Because it invested earlier than Chen Hao, SoftBank undoubtedly became Alibaba's largest shareholder. This is a pity, but this cannot defeat Chen Hao.
After acquiring Alibaba, he had another new idea, which was to buy the remaining shares of Alibaba from SoftBank, and intersect with each other, and the proportion of shares of Alibaba that Chen Hao could get was very exaggerated.
The only thing I worry about is that SoftBank does not intend to sell Alibaba's shares to Chen Hao. After all, investing in Alibaba so early must be a fancy to Alibaba's development potential. How could he be willing to sell the shares to Chen Hao, unless Chen Hao is willing to offer an exaggerated price that is irresistible.
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