Silicon Valley

People from all three VC firms got together.

The person sent by Henry said, Hello everyone, I am Meng Wenfu, the manager of the China region of Nicholas International E-Commerce Group. My purpose of coming here is very simple, that is, to acquire the shares of Taobao in your hands!

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

Meng Wenbin continued: We are willing to buy your Taobao shares at a high premium of 15%. If you are willing, we will make a deal; if you are not willing, Nicholas International E-Commerce will suppress Taobao crazily! Everyone! Would you like to see the value of your stock depreciate, or sell it now for a high price?

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

Hearing this, Meng Wenbin laughed. 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? Besides, all the shopkeepers on Taobao are Who? More than 70% of them are counterfeit sellers, which leads to bad reputation! Do you know what people say about Taobao?

Fake Concentration Camp!!! Meng Wenbin smiled contemptuously, According to the information we collected, it is precisely because Taobao has too many fake products that users stick to it the lowest among all e-commerce sites. People buy For valuables, Amazon will be the first choice!!!”

In addition, on the mobile side, Amazon, eBay and Alibaba have already occupied more than 95% of the market share. With more and more smartphone users, the mobile side will be more important than the PC side! And the smartphone is the mobile side. Entrance, currently the three hottest smartphones Williams Galaxy S1, Hongnian Xiaomi and Apple iPhone are all owned by His Majesty Williams, and the two major smartphone operating systems, Android and iOS, are also owned by His Majesty Williams. If Taobao is blocked, do you think there is still a future for Taobao?

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

Sell or not, please make a decision as soon as possible!

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

Representatives of the other three venture capital firms got together and began to discuss in low voices.

After three or four minutes, the three of them agreed.

Then, the representative of IDG said: Our three venture capital firms unanimously decided to sell Taobao shares to you, but at a premium of 20%!

Okay, no problem!!! Meng Wenbin nodded and said, Currently, Taobao is not listed yet, but based on its market share and sales, we value it at 800 million U.S. dollars. A total of 25% of the shares, 20% premium, which is 240 million US dollars! If everyone is ok, we can sign 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: Don't announce our deal yet, even Jack Ma and Softbank have to be notified, I hope everyone can keep it secret!

Okay, no problem!

...

Sun Zhengyi was so busy during this time that he had to sell Softbank assets!

Just when Sun Zhengyi was worried about money, a Chinese venture capital institution called Oriental Capital took the initiative to approach him, Mr. Sun, I am Liu Liang, the CEO of Oriental Capital Ventures. Our company is more interested in Taobao. I don’t know if Softbank can sell the shares? If Softbank is willing to sell the shares in Taobao to our company, we can pay 400 million US dollars!!!”

Sun Zhengyi frowned lightly, a little hesitant!

Liu Liang, the CEO of Oriental Capital, is more than 1.8 meters tall, with a very short flat haircut. Sun Zhengyi is just as tall as his shoulders. Mr. Sun, Softbank is facing a stock market crisis, and $400 million can play a big role! If you hesitate, I'm afraid Softbank will be doomed! Liu Liang said with a smirk, obviously intending to take advantage of the fire !

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

No problem, sign the contract on the same day, and the money will be transferred to Softbank's company account immediately!

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

Sun Zhengyi was not happy because of the other party's appreciation. He was very unwilling to sell the shares of Taobao, but 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, can we sign the contract immediately?! Masayoshi Son said in a deep voice.

Okay, whatever time you say, that's when! Liu Liang snapped his fingers and told the female secretary beside him, Immediately draw up two agreements, and Softbank's President Sun wants to sign a contract with us immediately!

Yes!

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

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

A glass of wine is full of bitterness!

...

An hour later, Sun Zhengyi came out of the venture capital institution with an agreement. From then on, Taobao has no relationship with Softbank! The cold wind was cold, and Sun Zhengyi couldn't help shivering, and his sparse hair turned white a lot without knowing it...

Beijing.

Your Majesty, Liu Liang has acquired the shares of Taobao! Violet immediately reported.

Very good, let Liu Liang go to Hangzhou immediately, and notify Ma Yun as a major shareholder to hold a shareholders' meeting!!!

Yes!

...

In the afternoon of the next day, at Hangzhou Airport, Liu Liang brought the team to Hangzhou, and Jack Ma went to the airport to pick him up in person.

Softbank sold the shares to Dongfang Capital, which gave Jack Ma a glimmer of hope. Orient Capital is a venture capital company registered in the Cayman Islands. It is a relatively mysterious but very powerful venture capital institution in China. It has invested in Ctrip, Youku, Tudou, Kuai~bo, Baofengyingyin, Xunlei, Bitauto, etc. A number of Internet companies may be able to bring investment to Taobao!

Afterwards, everyone came to Taobao headquarters, and the shareholder meeting officially started!

Jack Ma took the lead and said, This is our new shareholder, Liu Liang, CEO of Dongfang Capital. Welcome!

Clap clap!

Welcome Mr. Liu!

Welcome Mr. Liu!

...

After the applause, Ma Yun asked: Mr. Liu, you proposed this shareholder meeting, what's the matter?

Liu Liang smiled, and said straight to the point: Oriental Capital not only holds 40% of Taobao shares held by Softbank, but also bought 25% of Taobao shares held by IDG Capital, Sequoia Capital and DCM Capital. That is Said that Orient Capital holds 65% of Taobao’s shares!”

Ma Yun and Taobao's management were shocked when they heard the news!

(to be continued ~^~)