Shenhao starts from the lottery of 1 million

Bartz is a sixty-year-old woman who is known for her tough style. She heard Yi Anguo ridicule that she had too little power and was not as powerful as former CEO Yang Zhiyuan. She could make decisions on many major issues in the company without going through the board of directors. , I suddenly felt a little angry.

After Taobao was listed last year, its market value once reached more than 20 billion US dollars. Now it has fallen to less than 5 billion US dollars, and the stock price is still falling. In addition, the financial crisis is getting worse. If you are not careful, the market value will drop. It could fall to more than ten to two billion US dollars.

Now someone is willing to pay US$6 billion to buy 40% of the shares of the insurance company from them. This price is equivalent to a premium of more than 100%, which is higher than the market value of the entire Taobao company.

Therefore, selling is also a very good choice, so as not to be like Weiyin who offered 50 billion US dollars to acquire Yahoo, but rejected it at the time but regretted it now, and the market value has dropped to only 15 billion US dollars.

Former CEO Jerry Yang was even forced to resign. If he rejected the other party's request of US$6 billion to acquire Taobao shares today, and the capital behind Yahoo knew about it, would he become like Jerry Yang? , the end of resignation sadly?

Butz's mind was spinning rapidly, trying to figure out the stakes: whether to sell or not to sell!

"Six billion dollars, I will try my best to facilitate this deal." Butts, who had thought clearly, finally said decisively.

"Okay! If that's the case, then I'll give you another five hundred million dollars. I hope you won't disappoint me." Yi Anguo stood up, nodded, and at the same time stretched out his hand to shake hands with Butts and say goodbye.

After walking out of Yahoo's headquarters, Chen Xuejiao said: "Our offer of US$6 billion to acquire 40% of Taobao's shares from Yahoo is a bit too high?"

"With this amount of money, we can almost purchase the entire Taobao company."

However, Yi Anguo smiled and said: "According to Taobao's current stock price listed on the Hong Kong stock market, six billion US dollars to acquire the entire Taobao company is indeed more than enough."

"But the fastest growing and most valuable part of Taobao is actually Taobao Mall, which is the B2C business, not the previous B2B. Taobao's listing on Hong Kong Island is a spin-off B2C business, so Hong Kong Island The listed Taobao stock price cannot reflect the stock price of the entire Taobao company."

"The 40% equity of Taobao in the hands of Yahoo is the 40% of the entire Taobao company before the spin-off, not the 40% of the equity after the spin-off."

"Nevertheless, six billion US dollars and 40% of the shares are definitely higher than Taobao's current valuation. But we are investing in Taobao's future growth value, so we give a higher price. It’s also normal.”

After listening to Yi Anguo's explanation, Chen Xuejiao nodded and said, "If the Anjing Online Supermarket you invested in defeats Taobao Company in the future, then your six billion dollar investment will be a huge loss."

"You still don't have confidence in your quiet online supermarket and think it will lose to Taobao. Taobao will be the biggest winner in the future."

Yi Anguo shook his head and said: "I can't say this. What will be the result? But even if Taobao Company loses in the end, it doesn't matter."

"But I think the biggest possibility is for both to coexist! No matter who wants to completely defeat the other, it will not be easy, and it will be difficult for anyone to dominate."

"And among the e-commerce online shopping platforms, in addition to Anjing Online Supermarket and Taobao Company, there are also Qiangdong Company, Fanke, No. 1 Online Supermarket, etc., and more e-commerce online shopping platforms will appear in the future."

"The domestic market is so big, and the cake is too big. It's impossible for one company to monopolize it! No one company has such a big appetite?"

"And if there are no competitors, it will form an absolute monopoly on the market, which is not a good thing for the development of a company. The national level does not want to see such a situation where the market is monopolized by one company."

"So whether it is Jingjing Online Supermarket or Taobao Company, at most we can only say who is stronger than the other, but it is basically impossible to say who will completely defeat the other and make the other side withdraw from the market competition."

If you want to acquire Yahoo's Taobao shares, you can't rush. Now you can only wait for Bartz's results.

Can this be done successfully? Luck is very important. Yi Anguo actually didn't have high hopes at the beginning, but now it seems that his hopes are quite high.

Next, Yi Anguo and Zhou Mengdie started touring the United States, while waiting for Butz's final result.

Yi Anguo did not interfere in other investment projects. Chen Xuejiao was doing very well, at least much better than he expected.

If I intervene and give random directions, the effect will not be better, and it may even affect Chen Xuejiao's performance.

Moreover, Yi Anguo basically told Chen Xuejiao the names of companies worth investing in that he knew about. He couldn't give any advice to other companies whose names he didn't know. As long as the amount of investment was not large, Yi Anguo would not go to Gansha.

He just needs to make sure that he remembers the important investments and can successfully complete the investment and buy shares, and that's it.

For example, investment in Tesla is very important. This is a company with a market value of trillions of dollars in the future!

In addition, investing in Facebook is an unexpected gain, and Yi Anguo can only describe it as a surprise.

Although the investment requires up to one billion U.S. dollars and only accounts for 5000% ​​of the shares, it is worth it when you think about Facebook's future market value. Facebook's future market value should be more than billion U.S. dollars at its peak. Whatever You can get returns hundreds of times.

Although the acquisition of Taobao shares from Yahoo is only a temporary decision for Yi Anguo, Yi Anguo still attaches great importance to this acquisition. This may become Hualong Company's largest investment project.

Although Yi Anguo attached great importance to the acquisition of Taobao shares from Yahoo, he did not urge Bartz to ask about the final result. He even asked Chen Xuejiao not to show anxiety and wait patiently for the result. Just fine.

Sometimes the negotiation between the two parties is about patience. See who can't bear it first, who gets anxious first? Who is anxious first? Who loses?

It's not that Yi Anguo is not anxious, or that Yi Anguo doesn't pay attention to this matter, but he knows that it is useless to be anxious, because the initiative on this matter is in the hands of Yahoo, and the more anxious he is, the less likely he will be able to accomplish this matter .

As the saying goes, haste makes waste, but fortunately Butts did not disappoint Yi Anguo. Half a month later, after several negotiations, Yi Anguo always insisted that the most quoted price was six billion US dollars, without any money. Will increase again.

At this time, Taobao's stock price has fallen below 7 yuan, and is still falling. The stock price is half of the price when it was not in a hurry to go public.

When Taobao went public, its stock price was 13.5 yuan, and it raised a total of US$15 billion in investment, accounting for 60% of Taobao’s market value at that time. Taobao’s total market value, after the IPO and before its official listing, was only US$ billion. market capitalization.

At its peak, the stock price exceeded 41 yuan, an increase of more than three times, and the total market value reached billion US dollars, exceeding the market value of Penguin at the time, and it once became the company with the highest market value among domestic Internet companies.