Chapter 258: A Crucial Year
These official institutions hold various meetings from time to time, as if they are showing their presence.
Ye Dongqing and his company are famous at least. They can receive various invitations every day. If he attends any meeting in person, he will never have his own time all year round.
He doesn't like to deal with those people, and it's very difficult to chat. He relies on his youth, he can be more willful in doing things. He has pushed all the meetings that can be rejected, and let the company executives attend the meetings that cannot be recommended. Those super rich people cannot avoid contacting these worldly ways. With the expansion of fame, Ye Dongqing will have to learn to be more tactful in the future, but he hopes to delay this time for a few years and wait until he has enough fun.
When Ye Dongqing learned that Mr. McCourd was not here, he asked Miss Elizabeth Madoff to go back first, and he himself continued to deal with the matter at hand.
Some time ago, I went to China and had dinner with some representatives of local Internet companies. I also talked about whether there was any opportunity to do business together. Now, some good progress has been made. Ye Dongqing specially set up a working group in China. All the members are business talents who have just immigrated to the United States in the past decade and have been hired by him in the United States. This means that they are more familiar with the environment in China and can easily carry out their work.
This is true. They directly report the progress of their work to Ye Dongqing, independent of Tamsui Investment Group. Their main job is to represent Ye Dongqing to look for business opportunities there, contact those smart people who have already succeeded or have entrepreneurial ideas, and then achieve the goal of getting involved in the Chinese Internet industry and making early arrangements in this era.
For example, Mr. Zhang from Sohu Company is planning to pass an additional issuance plan to add some new shares in the Nasdaq market, obtaining a total of about 70 million US dollars of financing from Ye Dongqing. It has not yet passed the Securities and Exchange Commission review. However, if it is successful, then Tamsui Group will directly hold about 26% of Sohu Company's shares. In addition, the plan for Boss Zhang and he said to jointly create a new mobile phone brand is now under negotiation. If nothing unexpected happens, it may become a reality. At least Ye Dongqing has no problem, and he will make his own decision. If Boss Zhang can take out some of the funds as promised, the cooperation project may be finalized next month.
The mobile phone industry, from upstream production and research and development, supporting parts manufacturers, to downstream production and sales, the industry scale of the entire market has become quite large in 2004. If you wait a few years later, when the smartphone is born and then promote the rise of the software consumer market, this cake will inevitably become bigger. This is the big gold nugget that Ye Dongqing has been coveting for a long time. Since there is no shortage of funds on hand, you can find talents to help you manage the company well. It doesn’t make sense that you just miss it. His appetite is quite big.
In addition, this group of people also privately met Jack Ma of Alibaba Group on behalf of Ye Dongqing and Tamsui Investment Group. Ye Dongqing meant that he was willing to spend a large amount of money to raise Alibaba Group for a total of 200 million US dollars, and only 30% of the shares were equivalent to increasing Alibaba's valuation by a large margin on the existing basis, about 20%. Since Taobao was established and achieved initial success, the company has indeed become more valuable and has a great attraction to venture capital institutions.
According to the news Ye Dongqing received, eBay also extended an olive branch to Jack Ma last month, willing to acquire Alibaba Group as a whole with cash and shares payment method at a valuation of about 480 million US dollars, but the progress of the transaction did not seem to be smooth, so he asked his subordinates to offer a more attractive financing plan.
As promised by Boni to Ponney when investing in Tencent Group, it is also willing to hand over the management rights to Jack Ma. It is not yet certain whether the negotiation can be reached. The good news is that the other party did not clearly express its rejection, which means there is still something to talk about.
As mentioned earlier, some companies have recovered from the impact of the Internet bubble burst crisis and are the first to expand to the world. Big Fish is chasing the little fish frantically, trying to strengthen their own strength through mergers and financing. Ye Dongqing also took the initiative to enter this struggle. He is an Amazon shareholder, so he is not afraid of being hated by eBay people at all. He can do whatever he wants to do.
His previous appetite was too small, and now he is planning to invest 1 billion US dollars in China's Internet industry. If he can get the opportunity to raise Huawei, this number may have to double again.
It can be said that 2004 was a relatively critical year. Danshui Investment Group is rich and looks around the world, and there is no shortage of investment opportunities. Ye Dongqing always has an inexplicable feeling that his future strength mainly depends on how many potential companies he can invest in this year. When others react and concentrate their capital into the Internet industry again, it will definitely be much more difficult to invest, and the cost will be greater.
Ye Dongqing needs to make his own decisions about these investment matters. The people under him are only responsible for negotiating agreements that are more beneficial to him. The decision is all in his hands. After reading them one by one, and making a reply at the end, they will pass them directly if they think they are not good. Then continue to move on the process. Some projects have unclear prospects, so they will be put on hold for the time being. For example, Huicong.com, they spoke out loud and wanted Ye Dongqing to raise 100 million US dollars. After reading the plan, they passed it without thinking about it and helped local officials sell agricultural products. How much money can this be?
After reading too many documents, I felt dizzy after a while. I got up and helped myself make a cup of black tea, then sat down, called Bernard Madoff, and asked him about the funds of Rolex. No matter how much interest Bernard promised to give Rolex, Tamsui Investment Group would give Bernard the annualized interest rate of 9% to be given.
The commission is his own business, and it has nothing to do with Ye Dongqing. He only wants to know when the funds will be in place. This is related to the investment plan in the next short-term. There are indeed many places to spend money recently. Just buying shares of the warrant target will cost Tamsui Investment Group more than 3 billion US dollars in cash.
Chapter completed!