America's Road to Fame

Chapter 236 Investing in Jingdong

Chapter 236 Investing in Jingdong
The William landed at the Modu Airport, and Yang Mi was excited to start his own business. He was going to go to the headhunting company that William Chen had found, and recruit personnel first.

William Chen came to Yan's Garden by car. After finishing his trip to Europe, he came to take a look at Ivanta who had just returned to China.

Just this month, Ivanta went back to the United States, but William Chen had already gone to Europe at that time, so he didn't see her. Now he also came to Huaguo specially to see her.

Now Trump-Chen Business Management Company has moved to the Oriental Building, and Ivanta has completed the layout of the company in the free shipping area. In the cities with the forefront of the economy, at least one Trump-Chen Building will be built, and the Troup Hotel brought to the local area.

"Honey, you don't have to stay on Huaguo's side, so we will be separated for too long."

After the two met, it was natural for them to relieve the pain of lovesickness first. After not learning knowledge together for so long, Ivanta's combat effectiveness seemed to have declined. It seemed that I was to blame for not making progress with her.

After calming down, William Chen hugged her and talked.

"Now there are too many things in the early stage, and the team here also needs to adjust. I have found a local general manager candidate in Huaguo, and I will gradually let him take over the affairs here. I can also take a break and prepare for the next step." Go to Yanjing for development."

After this period of time, Ivanta also understood that many of the rules in Huaguo are still a little different from those in the United States, and she needs time to adapt, so she also decided to use more local managers, and she came from the United States. The team brought in mainly plays a role in regulation and supervision.

William Chen came to Huaguo this time not purely to see Ivanta, but also to sort out Huaguo's business.The next day, after Li Ying came to Modu, Chen Weilian listened to her work during this time, and according to Chen Weilian's previous instructions, asked her to pay attention to Wang Xing, the founder of the Fanfou APP, who was suspended. She learned that the other party There is a new entrepreneurial project called Meituan.com, so I took the initiative to propose investment, and got 100% of the shares with 15 million US dollars.

Now Huaxia Future Capital has invested in projects such as Xiaomi, Dianping, Youku and Meituan. It is currently working with Alibaba to invest in Zhalang Weibo. In the first phase of financing, the two parties plan to take 30% Shares, including Ali 20%, Huaxia Future Capital 10%, are now mainly negotiating with the other party on valuation.

"Under the recent economic crisis, many venture capitalists have tightened their wallets, so there are many companies that I want to finance." After Li Ying reported her recent work, she said to William Chen: "There is one of them, and I still want to raise money." Very interesting, but there is some conflict with the company you invested in before, and the other party needs more funds."

What she said made William Chen a little interested: "What company?"

"It's Jingdong, they hope to get at least 1 million US dollars in investment, but in the e-commerce industry you have already spent 40 billion to buy Ali shares, so..."

"You reject the other party?"

"No, I just said that I hope to think about it. Even if you didn't come to Shanghai this time, I was going to call you to tell you about it."

"You are going to persuade me to agree."

Seeing that Li Ying heard his words and nodded with a smile, William Chen said, "What is the valuation they hope for?"

"8 million US dollars, originally they hoped to get 2 million in financing, so they found many investment institutions, but you know, the current market is not good, and Jingdong has been losing money for these years, many people have no idea, They built their own logistics, which is an asset-heavy model. Now Ali’s performance is so good that many people don’t recognize their development model, thinking that they will not be able to persist in the end and collapse.”

"Our Zoom in the United States is an asset-heavy model. I know that it requires a high investment, but once it succeeds, it will have a very large cost advantage. You contact them, and I promise to raise funds and give him a valuation of 10 billion, but the condition is that I To invest $3 million and get 30% of the shares.”

"Ah? Could it be too much? Our fund doesn't have that much money now."

"Just listen to me. I will inject another 5 million U.S. dollars into Huaxia Future Capital. Give me a list of companies that have asked you for financing recently. I'll see if there is any suitable investment."

……

Soon, Jingdong replied to Li Ying that they did not want to release so many shares, because if William Chen got 30% of the shares, he would not become the largest shareholder of Jingdong. The major shareholder of Ali Company, so Dadongzi is very concerned about this matter.

But in the same way, Huaxia Future Capital is also an investment institution with the best conditions, so Jingdong doesn't want to just give up, so Dadongzi told Li Ying that he hopes to come to Shanghai to meet William Chen in person, and invest if he wants communicate about things.

After Li Ying asked William Chen for instructions, she agreed to the other party's request.So William Chen met Da Dongzi at Yan's garden home.

At this time, Dadongzi hadn’t known the milk tea sister yet. After meeting William Chen, he directly expressed the hope that he could get 2 million US dollars in financing, and he could give him 8% of the shares based on the valuation of 25 million US dollars, but if If it is 30% of the shares, it is very dangerous for Jingdong, and it will lead to an imbalance in shareholder holdings.

"I understand your difficulties, Mr. Liu, but what I want to declare is that although I am a major shareholder of Ali, I have never interfered with any of Ali's operations. The same will be true for Jingdong. My investment is purely for It will be a financial investment. You may not know that I also invested in an e-commerce company in the United States called Zoom, which has a similar asset-heavy model to Jingdong. Therefore, I am very optimistic about this model of Jingdong. Self-built Although logistics costs a lot of money, it is also very beneficial in terms of stability and customer experience.”

"And I don't think that if I get 30% of the shares, it will affect your control of Jingdong. I suggest that you implement the AB share model in Jingdong. This model exists widely in American technology companies and allows founders A person can control the company with a small number of shares, so after I become a shareholder of Jingdong, I will support you to convert all the shares you hold into Class B shares, and the investors’ shares become Class A shares, and Class B shares own Class A shares have 10 times the voting rights, so you can ensure your control of the company.”

William Chen's suggestion moved Dadongzi very much. If this is the case, assuming that Class B shares have 10 times the voting rights of Class A shares, then even if his shares are diluted to less than 10%, he can still hold on. He firmly holds the control of Jingdong, and in this way, with the support of William Chen, his investment in shares will be a good thing for him.

After all, the other party is the fourth richest man in the world. Once he joins, it will not be a problem for Jingdong's future financing.

However, although the two parties have reached an agreement, regarding the matter of AB shares, Dadongzi still needs to go back and communicate with other investors. He promises that he will give him a final answer soon.

At this point, the rest of the matter can be left to Li Ying.

The main areas of investment in Huaguo are similar to William Chen's in the United States. Therefore, in addition, William Chen asked Li Ying to focus on contacting the film and television companies in Huaguo to find out potential investments, such as Enlight Media, This film and television company, which currently focuses on TV dramas, has a promising future.

After Ivanta finished handling the affairs of Shanghai, William Chen took her to Yanjing on the Gulfstream G550.

The decoration of the courtyard that William Chen bought before has been completed. This time, the two of them went to see the final effect.As for the courtyard house, Ivanta still remembers Wendi Deng’s residence where she lived when she first came to Yanjing. She also liked the decoration at that time, so after knowing William Chen’s courtyard house was completed, she couldn’t wait to see it Let's see how it works.

It has been more than half a year since I bought this courtyard house last year, and this is the second time that Ivanta has come to Yanjing after half a year.

This time, he came with William Chen, and there was an old acquaintance who had just arrived in Shanghai to join him, and that was Ali's Boss Ma.

(End of this chapter)

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