Rebirth, I am the most powerful business tycoon
Chapter 313
Sun Zhenyi became famous in Daxia because of the story of his investment in Ali.
After a 10-minute interview, we decided to invest US$20 million in Ali, which had just been founded less than a year ago.
Four years later, shortly after the launch of Taobao, he led SoftBank to continue to invest. At that time, Ali raised a total of US$82 million, while Sun Zhenyi’s SoftBank invested US$60 million.
Obtained 30% of Ali’s shares through two investments.
When Jiang Feng was reborn, SoftBank was still the largest shareholder of Ali, with a 25.9% stake worth more than US$150 billion.
It was this amazing investment that made Sun Zhenyi famous in Daxia.
Of course, before investing in Ali, he had invested in Yahoo and made the first pot of Internet gold from Yahoo. This made him even more convinced that the Internet was the future, so he invested in Ali.
Jiang Feng didn’t expect that such a future big shot in the investment world would come to visit him.
It’s really interesting.
He waved his hand and said to the lobby manager:”You can take him to my room.”
After saying that, Jiang Feng wiped his mouth with a tissue, stood up and left.
“OK, Mr. Jiang”…..
After returning to the room, it didn’t take long for the lobby manager to come with Sun Zhenyi.
Jiang Feng was no stranger to this bald, short island native.
I have seen a lot of news and photos about him before.
“Mr. Jiang, this is Mr. Sun Zhenyi of SoftBank.”
The lobby manager said and waved.
Upon seeing this, the lobby manager slowly exited the room.
When he disappeared completely, Jiang Feng stood up, smiled and shook hands with Sun Zhenyi and said,”Hello”
“Hello.
They shook hands and said hello.
“sit.”
Jiang Feng made a gesture of invitation.
The latter nodded and sat down on the sofa.
“I wonder what happened when Mr. Sun came to visit?”Jiang Feng asked straightforwardly without beating around the bush.
Sun Zhenyi was slightly startled.
Originally, he was planning to chat with Jiang Feng for a few words, but it seemed that it was not necessary now.
“To be honest, I was optimistic about a clothing company called Uniqlo and planned to invest, but I learned that this company had been acquired by a company called Jinxiu Clothing Company at the beginning of the year.”
“After investigation, I learned that Mr. Jiang was the owner of Jinxiu Clothing, and I also heard that Mr. Jiang was in Tokyo, so I took the liberty of visiting him and asked Mr. Jiang to forgive me.”
Sun Zhenyi said with an apologetic look.
Jiang Feng nodded slightly,”Jinxiu is indeed my company.”
“Mr. Jiang is really amazing. It’s admirable to see Uniqlo’s potential so early. Jiang
Feng smiled and said,”Mr. Sun, you deserve the award. These are not my achievements.”
After a pause, Jiang Feng smiled and said,”I heard that SoftBank is in the computer business?” I wonder if I am willing to accept investment?”
As soon as these words came out, Sun Zhenyi was stunned for a moment.
After thinking for a while, Sun Zhenyi asked:”How much does Mr. Jiang plan to invest in SoftBank?”
“$200 million!!!”
Jiang Feng said,”And this US$200 million is mainly used to enter the telecommunications industry of island countries and cannot be used for other purposes!”
Telecommunications is a hugely profitable industry. Whether it is telephone, mobile communications, or Internet broadband, these are all hugely profitable industries.
Jiang Feng has long wanted to get involved in this industry.
He asked Wang Donglai to form a team to develop the second-generation mobile communication technology because he planned to enter this industry.
Sun Zhenyi is also very optimistic about the telecommunications industry. Sun Zhenyi also strongly agrees with the use of US$200 million to develop the telecommunications industry. Now the question is, with US$200 million, how much shares does Jiang Feng intend to hold in SoftBank?
SoftBank Group Corporation’s The scale is not small anymore!
In 1981, SoftBank was established.
In 1988, SoftBank Group expanded its business, started multinational trade, and established the American SoftBank branch in the United States. In
1989, SoftBank Group released the Japanese version of pchomemagazine computer in the island country Magazine. The following year, SoftBank Technology Company was established.
But SoftBank is not very profitable yet!
SoftBank really rose to prominence when it entered the Internet, but the current Internet has not really taken off yet.
Jiang Feng’s purpose of investing in SoftBank is very simple, which is to let He went to acquire the island country’s telecommunications business and thus entered the island country’s telecommunications business. In his previous life, SoftBank was listed in 1994. At that time, it raised US$140 million and its market value was only over 700 million!
Now, SoftBank’s market value is only 3.5 About 100 million U.S. dollars!
Jiang Feng invested 200 million U.S. dollars in it, so naturally he had to get a controlling stake!
So, when Sun Zhenyi asked how many SoftBank shares he wanted to take,
Jiang Feng said directly:”60%”
“No, this is too high! I don’t agree with this distribution plan!”
Sun Zhenyi immediately shook his head. He founded SoftBank.
As the founder, he would rather the company develop slower than sell the company’s controlling stake to others.
Furthermore, SoftBank is developing well and has no financial problems. Difficulties have not yet reached the point of having to raise funds!
People from the island country, like people from Daxia, like to firmly control the controlling rights of the company.
Only absolute control can make you feel at ease!
And like some large companies in Europe and the United States, the equity is relatively dispersed , it is possible to control the company with less than 10% of the shares.
Sun Zhenyi is naturally unwilling to give up the company’s controlling stake, saying:”SoftBank will only give up 30% of the shares at most….”
Jiang Feng frowned.
I thought that even if I controlled SoftBank, it would be of no use.
He invested in SoftBank in the hope of getting involved in the island nation’s telecommunications companies.
However, the telecommunications industry is undoubtedly a top priority for a country, and it will certainly not allow a foreign-controlled company to intervene.
By then, it is still unknown whether the island country will allow SoftBank to get involved in telecommunications?
Furthermore, SoftBank Group’s main business later was investment.
But who can be his opponent in terms of investment?
Jiang Feng has made plans early, and there will be nothing to do with SoftBank or Sequoia in the future.
At least that’s the case on the Internet.
This SoftBank is not that SoftBank. Jiang Feng has decided to give up his controlling interest in SoftBank, so he said to Sun Zhenyi:”In this case, I can only invest US$100 million in SoftBank!”
Sun Zhengyi thought for a while and finally nodded.
However, both parties tacitly agreed not to discuss the issue of allocating shares, but only reached an investment intention.
The two people who had reached their intention looked much more relaxed, and the atmosphere was not as solemn as before.
The two discussed the future of electronic computers. Jiang Feng only talked briefly and did not outline the future trends.
Although he will become a shareholder of SoftBank next, there are some things that only he can know.
It looked like we chatted for an hour.
Sun Zhenyi saw that Jiang Feng was a little tired, so he stood up and left.
Upon seeing this, Jiang Feng waved his hand and said to Yang Jianming:”Send Mr. Sun off.””
“OK!”
Yang Jianming responded, and then carried Sun Zhenyi out of the room.
In the afternoon,
Xiangchuan Shusheng arrived.
“What are you doing?”
Jiang Feng pointed at the young and beautiful woman behind Xiangchuan Shusheng.
Xiangchuan Shusheng smiled,”This girl admires President Jiang and hopes that I will bring her to meet you. If not, I will bring her. Coming to see you!”
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