Rebirth 76: Industrial Internet Empire
Chapter 403 Lifting the sedan chair
Thinking of this, Wang Yan had another idea, and was ready to reveal to Yang Mo whether Wang Zhidong was firmly opposed to the introduction of Zhiyuan Group, intentionally or unintentionally.
"Mr. Yang, if you insist on taking control of Sina, it's not impossible!" Wang Yan said after a brief pause.
"Oh? Tell me about it!" Yang Mo asked with interest.
"Although our president, Mr. Wang Zhidong, prefers to introduce Wall Street capital, before the B-round financing, we can hold another shareholders' meeting to discuss your control requirements and strive to eventually dilute the equity financing or acquire shareholders who want to cash out. Get more than 51% of the equity!" Wang Yan said.
Yang Mo thought for a while and then said: "Mr. Wang, thank you very much! You showed me the sincerity of Sina and Zhiyuan's cooperation! However, I can't give you enough commitment yet. I need to see your final financing plan before I can make a decision. Do you want to invest in Sina?"
Wang Yan was overjoyed and said quickly: "Okay, we will hold a shareholders' meeting as soon as possible!"
Yang Mo nodded, took out a business card and said, "Mr. Wang, this is my personal phone number! Once you have the results, you can notify me directly and we will discuss the specific situation at that time!"
When leaving the reception room, Wang Yan saw an acquaintance again - a business representative from Goldman Sachs.
………………
Sina headquarters.
The conference room was filled with smoke. The shareholders' meeting lasted for more than two hours, and the opinions were not unified.
Wang Zhidong knew that the more fierce his opposition was to the introduction of the Zhiyuan Group, the more eager Duan Yongji was to advance it.
"I have never heard of a start-up company diluting 51% of its equity in Series B financing!" Wang Zhidong argued.
"There are too many people who have sold their entire equity, not to mention that it has been nearly six years since Sina was founded, and we still have not been able to find a suitable profit model. The introduction of Zhiyuan Group will be a great help to Sina's future development. !" Duan Yongji said.
Wang Zhidong spread his hands and said helplessly: "Let's vote by a show of hands! A show of hands if you agree to dilute 51% of the equity!"
Five or six major shareholders raised their hands in unison.
In business, they all know the benefits of cooperating with Zhiyuan. Even if they dilute half of their equity, they will still be able to obtain greater benefits in the future.
The shareholders' meeting quickly formed a draft resolution: all shareholders would dilute 51% of their equity according to their shareholding ratio, and Zhiyuan Group invested US$9500 million to obtain 51% of Sina's equity.
…………
Yang Mo looked at the financing plan handed over by Wang Yan and did not sign immediately.
"Mr. Wang, what do you think of the future development of the portal? If you were asked to lead Sina, what would you do?" Yang Mo asked calmly after pondering for a long time.
Yang Mo has always believed that Sina's development was actually not smooth. It reaped the first wave of dividends from China's Internet development, but failed to make good use of this opportunity.
Compared with other start-up Internet companies, Sina, which has a market value of more than 1 million US dollars, does not have a very large investment value, but Sina Weibo is an unavoidable obstacle in seizing media resources...
Yang Mo's question made Wang Yan secretly happy. After thinking for a while, he said: "I think the timeliness and convenience of online information are unmatched by traditional media. Future development may subvert the entire media industry. What we have to do It is to provide users with a faster, more comprehensive and better information acquisition channel, as well as a perfect user experience!”
After the two chatted casually for a while, without coming up with any creative ideas, Yang Mo signed his name on the financing agreement.
It was already four o'clock in the afternoon after the agreement was signed. As soon as Wang Yan was sent away, Han Xinyuan and Yu Yu hurried in...
"Mr. Yu, how are you? When will Amazon China be online?"
Yu Yu shook his head and smiled bitterly: "The specific launch date has not been finalized yet. We don't have enough manpower and we are really too busy!"
Yang Mo frowned and said, "We don't have enough manpower, so hurry up and recruit people!"
"Mr. Yang, I came here today to ask for your advice. Can you start book sales first? This way, you can also accumulate some users first..." Yu Yu asked hesitantly.
Yang Mo waved his hand and said: "No, the user groups of book sales and the college tutor network mostly overlap, so there is no need to spend money to attract traffic. I will give you more than two months to try to go online on June 6th. Is it too late? "
Yu Yu pondered for a moment and then said: "Okay! For the purchase of some imported goods, we need the support of Amazon headquarters. We are going to cooperate with the postal service first and rent their warehouse for the transfer warehouse. This will also facilitate sorting and delivery, as well as publicity. Do you have a specific budget?”
Yang Mo nodded and said: "Imported goods do not need to be large and comprehensive, just choose some of the best-selling varieties. As for publicity, you first make a plan!"
"Mr. Yang, the promotion of c2c business is not going very smoothly. Many manufacturers are unwilling to sell online. They are worried that it will affect the enthusiasm of physical retail stores!" Yu Yu continued to report with some frustration.
"You have got the wrong promotion direction. The targets of C2C promotion should be agents, wholesalers and distributors, including some retailers. They are the main force of e-commerce. The role that manufacturers should play in e-commerce is to cooperate with wholesalers. , Distributors carry the sedan!" Yang Mo waved his hand and said.
"Carrying a sedan?" Yu Yu asked puzzledly.
Yang Mo explained: “If manufacturers want the wholesalers and distributors below to have more incentive to sell their products, they can set up a certified manufacturer flagship store on Amazon, but the sales price cannot be too low, and wholesalers must , Distributors have profit margins, so through price comparison, merchants selling their products can gain better business reputation..."
Yu Yu immediately figured out the logic and said with a smile: "Mr. Yang, I understand!"
"E-commerce is a new thing. You need to send a professional team to help wholesalers and distributors create Amazon stores. Most of these people have no experience in using computers proficiently. The local promotion team needs art, photography and simple computer skills!" Yang Mo continued to warn.
Yu Yu nodded, said goodbye and left with a look of joy on his face...
Yang Mo shook his head and thought to himself: It seems that letting her take charge of "Amazon China" is indeed a bit difficult for her!
The car drove out of the parking lot of Zhitong Building, turned two streets, and the Zhongguancun Electronics Market came into view.
Yang Mo's heart moved, and he asked the driver to pull over, walked into the electronics market, and started shopping freely...
From time to time, someone will come forward to sell electronic products, ranging from computers, mobile phones, pagers, to as small as a CD with an unsightly picture taken out of his pocket...
"Mr. Yang, if you insist on taking control of Sina, it's not impossible!" Wang Yan said after a brief pause.
"Oh? Tell me about it!" Yang Mo asked with interest.
"Although our president, Mr. Wang Zhidong, prefers to introduce Wall Street capital, before the B-round financing, we can hold another shareholders' meeting to discuss your control requirements and strive to eventually dilute the equity financing or acquire shareholders who want to cash out. Get more than 51% of the equity!" Wang Yan said.
Yang Mo thought for a while and then said: "Mr. Wang, thank you very much! You showed me the sincerity of Sina and Zhiyuan's cooperation! However, I can't give you enough commitment yet. I need to see your final financing plan before I can make a decision. Do you want to invest in Sina?"
Wang Yan was overjoyed and said quickly: "Okay, we will hold a shareholders' meeting as soon as possible!"
Yang Mo nodded, took out a business card and said, "Mr. Wang, this is my personal phone number! Once you have the results, you can notify me directly and we will discuss the specific situation at that time!"
When leaving the reception room, Wang Yan saw an acquaintance again - a business representative from Goldman Sachs.
………………
Sina headquarters.
The conference room was filled with smoke. The shareholders' meeting lasted for more than two hours, and the opinions were not unified.
Wang Zhidong knew that the more fierce his opposition was to the introduction of the Zhiyuan Group, the more eager Duan Yongji was to advance it.
"I have never heard of a start-up company diluting 51% of its equity in Series B financing!" Wang Zhidong argued.
"There are too many people who have sold their entire equity, not to mention that it has been nearly six years since Sina was founded, and we still have not been able to find a suitable profit model. The introduction of Zhiyuan Group will be a great help to Sina's future development. !" Duan Yongji said.
Wang Zhidong spread his hands and said helplessly: "Let's vote by a show of hands! A show of hands if you agree to dilute 51% of the equity!"
Five or six major shareholders raised their hands in unison.
In business, they all know the benefits of cooperating with Zhiyuan. Even if they dilute half of their equity, they will still be able to obtain greater benefits in the future.
The shareholders' meeting quickly formed a draft resolution: all shareholders would dilute 51% of their equity according to their shareholding ratio, and Zhiyuan Group invested US$9500 million to obtain 51% of Sina's equity.
…………
Yang Mo looked at the financing plan handed over by Wang Yan and did not sign immediately.
"Mr. Wang, what do you think of the future development of the portal? If you were asked to lead Sina, what would you do?" Yang Mo asked calmly after pondering for a long time.
Yang Mo has always believed that Sina's development was actually not smooth. It reaped the first wave of dividends from China's Internet development, but failed to make good use of this opportunity.
Compared with other start-up Internet companies, Sina, which has a market value of more than 1 million US dollars, does not have a very large investment value, but Sina Weibo is an unavoidable obstacle in seizing media resources...
Yang Mo's question made Wang Yan secretly happy. After thinking for a while, he said: "I think the timeliness and convenience of online information are unmatched by traditional media. Future development may subvert the entire media industry. What we have to do It is to provide users with a faster, more comprehensive and better information acquisition channel, as well as a perfect user experience!”
After the two chatted casually for a while, without coming up with any creative ideas, Yang Mo signed his name on the financing agreement.
It was already four o'clock in the afternoon after the agreement was signed. As soon as Wang Yan was sent away, Han Xinyuan and Yu Yu hurried in...
"Mr. Yu, how are you? When will Amazon China be online?"
Yu Yu shook his head and smiled bitterly: "The specific launch date has not been finalized yet. We don't have enough manpower and we are really too busy!"
Yang Mo frowned and said, "We don't have enough manpower, so hurry up and recruit people!"
"Mr. Yang, I came here today to ask for your advice. Can you start book sales first? This way, you can also accumulate some users first..." Yu Yu asked hesitantly.
Yang Mo waved his hand and said: "No, the user groups of book sales and the college tutor network mostly overlap, so there is no need to spend money to attract traffic. I will give you more than two months to try to go online on June 6th. Is it too late? "
Yu Yu pondered for a moment and then said: "Okay! For the purchase of some imported goods, we need the support of Amazon headquarters. We are going to cooperate with the postal service first and rent their warehouse for the transfer warehouse. This will also facilitate sorting and delivery, as well as publicity. Do you have a specific budget?”
Yang Mo nodded and said: "Imported goods do not need to be large and comprehensive, just choose some of the best-selling varieties. As for publicity, you first make a plan!"
"Mr. Yang, the promotion of c2c business is not going very smoothly. Many manufacturers are unwilling to sell online. They are worried that it will affect the enthusiasm of physical retail stores!" Yu Yu continued to report with some frustration.
"You have got the wrong promotion direction. The targets of C2C promotion should be agents, wholesalers and distributors, including some retailers. They are the main force of e-commerce. The role that manufacturers should play in e-commerce is to cooperate with wholesalers. , Distributors carry the sedan!" Yang Mo waved his hand and said.
"Carrying a sedan?" Yu Yu asked puzzledly.
Yang Mo explained: “If manufacturers want the wholesalers and distributors below to have more incentive to sell their products, they can set up a certified manufacturer flagship store on Amazon, but the sales price cannot be too low, and wholesalers must , Distributors have profit margins, so through price comparison, merchants selling their products can gain better business reputation..."
Yu Yu immediately figured out the logic and said with a smile: "Mr. Yang, I understand!"
"E-commerce is a new thing. You need to send a professional team to help wholesalers and distributors create Amazon stores. Most of these people have no experience in using computers proficiently. The local promotion team needs art, photography and simple computer skills!" Yang Mo continued to warn.
Yu Yu nodded, said goodbye and left with a look of joy on his face...
Yang Mo shook his head and thought to himself: It seems that letting her take charge of "Amazon China" is indeed a bit difficult for her!
The car drove out of the parking lot of Zhitong Building, turned two streets, and the Zhongguancun Electronics Market came into view.
Yang Mo's heart moved, and he asked the driver to pull over, walked into the electronics market, and started shopping freely...
From time to time, someone will come forward to sell electronic products, ranging from computers, mobile phones, pagers, to as small as a CD with an unsightly picture taken out of his pocket...
You'll Also Like
-
He started as a shepherd and took on countless jobs.
Chapter 148 8 hours ago -
Mortal: Fifteenth Realm Sword Cultivator
Chapter 158 8 hours ago -
Martial Arts: Starting with Upgrading the Dilapidated Temple
Chapter 94 8 hours ago -
Delta: Who are you saying has suffered a loss of strength?
Chapter 229 8 hours ago -
I, a cultivator, ended up in the Naruto world.
Chapter 91 8 hours ago -
Swallowing the Stars: The cheat system only comes when I'm almost a god?
Chapter 250 8 hours ago -
Game of Thrones: Joffrey the Chosen
Chapter 107 8 hours ago -
Mount & Blade: Rebuilding Rome from Mercenaries
Chapter 33 8 hours ago -
Anime Crossover: Me, the Legendary Champion, Join the Chat Group
Chapter 572 20 hours ago -
Investigator in the Yu-Gi-Oh! 5DS World
Chapter 263 20 hours ago