Chapter 2509 Temporary Return
The encounter between Sun Zhengyi and Ma Yun is a legend, a legend of one richest man creating another richest man. Today Sun Zhengyi is the richest man in Japan, and Ma Yun will become the richest man in China in the future.
Sun Zhengyi has a complicated background. He was born in Japan, but his ancestors were from Fujian, China, and then migrated to South Korea, so his father named him Zhengyi. This word has the same meaning in China, Japan and South Korea; he also called himself Sun Wu However, it seems that the possibility of clinging is relatively high. The Japanese pay attention to their origin, and finding a prominent family background for themselves is conducive to communication.
In the 1970s, Japan's economy took off, and many legendary business stories were born. Fujita, who has the title of the father of McDonald's in Japan, made his fortune at this time and wrote a successful book "Jewish Business Law". Fourteen-year-old Son Masayoshi read I was very excited when I read this book, so I went to meet Fujita and expressed my idea of starting a business.
But Fujita advised him, "You should not start a business, you should go to the United States to see the most cutting-edge technology and market in the world." So Sun Zhengyi worked hard to learn, was admitted to the Department of Economics of the University of Berkeley, and went to the United States to study.
At this time, the United States was at the peak of the hippie movement. He was keenly aware of the decadent atmosphere in the air in the United States, and thought of a way to make money by using the decadence. He borrowed money everywhere to sell Japanese game consoles to the United States, which made him He made his first million dollars.
A year later, he and his alumni Mozel jointly developed a voice translation machine. After selling the patent to Sharp, he earned the second $1 million in his life.
Afterwards, he returned to Japan to establish the Softbank Group, and spent a year and a half visiting different industry leaders, reading investment books, investigating more than 40 industries in Japan, forming relevant industry reports, and finally selected the high-tech industry as his career direction , In the early stage, there were constant setbacks and successive losses.
Until 1991, a company known for its C language compiler was preparing to release an upgraded version in Japan. Sun Zhengyi seized this opportunity; later he obtained the Japanese agency right of Cisco Systems, and suggested that Cisco use routers as a test. , to test the feasibility of Cisco's Japanese branch. One month later, fourteen clubs in Japan were invited to jointly invest 40 million US dollars to start the project. In the same year, 70% of Japanese software sales channels were controlled by software banks.
After earning money from Cisco, Sun Zhengyi turned his attention to the Internet, invested 2 million in Yahoo at the beginning of his business, and continued to increase his investment. 390 million U.S. dollars. In 1996, 30% of Yahoo shares were purchased for 100 million U.S. dollars. Today, the remaining 28% are still worth 8.4 billion U.S. dollars.
At the same time, the Softbank stock he owns has also been skyrocketing, making him the richest man in Japan. At the hottest time, his net worth reached 70 billion US dollars, which was close to that of Gates, the richest man in the world (at that time, Gates' net worth was about $78 billion).
Such investors are what all Internet companies are looking forward to. They all hope that they can reproduce the myth of Yahoo with the support of Sun Zhengyi and become successful like Yang Zhiyuan. Ma Yun and Cai Chongxin are no exception, although Shen Long can still Give them a lot of money, but money and money are still not the same.
For Wall Street, Sun Zhengyi's investment of 50 million will definitely trigger a wave of attention to Alibaba, while Shen Long's investment of 50 million will only be regarded as the behavior of an upstart, so they are both a little bit excited.
However, Shen Long didn't think much of Sun Zhengyi. He was just a speculator, and he didn't have the vision of Sequoia Capital. Investing in Yahoo was already the pinnacle of his life.
During this time, he has bet billions of dollars on hundreds of obscure tech start-ups with little payoff.
Even if it was Alibaba, he never imagined that the company would grow so big in the future, so he withdrew his shares and cashed out soon after. The investment of 20 million yuan became 350 million yuan. At first glance, it seemed like a successful investment. But it's easy to think that Yingke's investment in Tencent must have made a profit, but as long as they see the future development of these two companies, I don't know what they will think, but I can be sure that it will definitely not be happy.
"I understand that you want to use Sun Zhengyi's reputation to build up the company's reputation and attract more foreign investors' attention, but can you really do this?" Shen Long asked back, and he took out a lot of information, " There are quite a few companies he has noticed, and investing in Alibaba is just casting a big net for fishing, and among so many companies, Alibaba may not be able to make a name for itself.”
"Under such circumstances, if you want to gain a reputation, I think it's better to do the opposite. Accepting Sun Zhengyi's investment may not be hot news, but rejecting him will definitely be!" Sun Zhengyi can only provide some overseas channels It's just money, can Shen Long do this? Moreover, the previous 50 million yuan has not been spent yet, and Alibaba is not very short of money now.
"Then let's talk with him and see what help he can provide us besides money?" Ma Yun said after thinking for a while.
As a result, this meeting disappointed him. The other party's judgment on the future of the Internet was far less in-depth and accurate than Shen Long's, and he did not value Alibaba as deeply as Ma Yun imagined. It was just casting a net, which made Ma Yun and Cai Chongxin lose a lot.
Startup companies have reached their level, and the most important thing to attract new investors is not money. Now there are so many people who come to them with money and want to invest. I thought that Sun Zhengyi would provide something different. It is so.
After some consideration, they rejected Masayoshi Son's investment, which caused a lot of commotion on Wall Street. Everyone searched for Alibaba's data and found that this company is really unusual, so it has more and more energy. Venture capital firms have come to Hangzhou, hoping to invest in Alibaba.
Shen Long discussed with them and accepted investment from some institutions that could help him. Alibaba also began to gradually set foot in foreign markets. The Yiwu business group led by Shen Long also began to extend its tentacles overseas, except for Russia. , they have a new breakthrough.
As long as China successfully joins the WTO, Yiwu's small commodities will spread to the world faster than in the original history, at least the time to enter the US market will be much faster than in the original history.
Maybe the next time the U.S. general election is held, we can take the opportunity to launch the Yiwu Index. With such a mood, Shen Long chose to return temporarily and returned to the capital.
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