Debuted right after graduating from high school

There is immense wealth waiting for the children to inherit, but as for paternal love, it can only be said that there are gains and losses.

After the birth of his little daughter, Fan Wumian will inevitably be absent for a long time and will not be able to stay by her side to grow up. However, Jessica Alba is intelligent, has a well-known good temper, and is very meticulous in her work, so there is no need to worry too much.

A few months after photos of her pregnant belly surfaced, Jessica Alba openly stated that she would be a single mother, saying that the pregnancy was just an accident and that even if it might have some negative impact on her career, she hoped to be there to watch her baby grow up.

She quickly gained immense popularity and, seizing the opportunity, launched her own maternal and infant brand. She also announced that she would spend $300 million to establish an independent quality control center, all to bring the best products to babies.

Even before her daughter, named Ona Alba, was born, Jessica had already partnered with platforms such as Amazon and Monster Mall to sell products including diapers, formula, changing pads, strollers, cribs, and baby snacks.

Initially, they did not produce their own products, but instead sourced them from contract manufacturers and brands that offered high-quality goods.

These small snacks, weighing only 20 to 30 grams, can be priced at $7.99 or $8.99 after being labeled as baby food, resulting in very high profit margins. Helping third-party brands sell baby formula is also very profitable, with many major baby formula manufacturers paying her huge additional advertising fees.

Jessica Alba frequently creates her own videos to promote products, and has become one of the most popular mom influencers on YouTube, achieving great success in this new field.

This left Fan Wumian both amused and exasperated. She felt it was good that Jessica had something to do to pass the time during her pregnancy, and she didn't give any unsolicited advice or make Jessica stay home full-time to take care of the baby.

As a first-time mother, Jessica had absolutely no experience. Rather than doing everything herself, it might be more appropriate for her to find several reliable nannies to supervise each other.
After flying back to Yanjing from Hollywood.

Fan Wumian found himself surrounded by news related to the Olympics, with many more flowers blooming along the roadside and everything spotless.

It's not usually dirty, but it's definitely not as clean and tidy as it is now. Even the trash cans on the roadside are sparkling clean, and the bicycles and electric bikes near the subway entrance are parked so neatly.

It's no surprise that those small vendors who set up stalls everywhere have had their livelihoods ruined recently. They get caught as soon as they set up their stalls, and can no longer operate against the wind. They can only patiently wait for the Olympics to end.

As international athletes and representatives arrive one after another, they get used to the hot summer environment of Yanjing in advance. The Penguin City project under the Penguin Group has also become one of the city's landmarks, reportedly attracting many tourists to go there specifically to take photos.

Fan Wumian first met with the general manager of Xinhua Insurance Group. The general manager had been approached last week by someone who said there was too much controversy about the huge cost of the Olympics and hoped that Xinhua Insurance would acquire the Bird's Nest to quell some troubles.

Ordinary private enterprises only need to do business well, but state-owned enterprises have to shoulder many additional social responsibilities. It is estimated that no one was confident in managing the Bird's Nest well, which is why they found the wealthy and powerful Xinhua Insurance Group.

Fan Wumian remembers that the Bird's Nest had high maintenance costs in its later stages, but it could hold dozens of events every year, which enabled it to turn a profit. However, the input and output were not proportional, and it did not earn much money.

Today, when he visited Xinhua Insurance Group, he looked at a map of the Bird's Nest and said that if the authorities were willing to relent and allow him to build the 34000-square-meter outdoor warm-up field and the narrow strip of land next to the Yangshan River into a high-end villa area after the Olympics, then he would agree to take over the Bird's Nest for 30 billion RMB.

Acquiring the Bird's Nest stadium alone would be a losing proposition. Fan Wumian wanted to help, but didn't want to suffer too much loss, so it was reasonable for him to ask for some compensation.

Assuming 100 villas are built around the Bird's Nest, there's a chance to recoup the 30 billion RMB investment in a few years, essentially acquiring the Bird's Nest stadium for free, which would be quite worthwhile.

Once the Olympics are over, the Bird's Nest will just be a stadium. Several senior executives of Xinhua Insurance Group felt that there was hope to get some concessions from the relevant authorities, so they contacted architectural design companies without hesitation to try to develop a planning scheme.

In theory, apart from the main stadium, places like parking lots and office areas can be demolished and reused. If a land transfer fee is paid, the surrounding land can be utilized to the fullest extent, which should be quite profitable in the future.

The specifics still need to be discussed. I'm just helping out because someone asked me for a favor. Ideally, I could find another buyer so that I wouldn't have to put in any effort.

After all, if the 30 billion RMB is invested in the stock market or private equity investment market in a few months, it will likely earn more. However, the development of the land around the Bird's Nest is restricted, and it is not certain that approval will be obtained to build commercial housing and villas.

After briefly finishing his important business, Fan Wumian went back to his courtyard house on the north bank of Houhai Lake to take a nap. That evening, he invited Xiao Ma, Da Qiangzi, and others to a dinner party with Jack Ma.

Having long known that Yahoo's board favored a transaction, Jack Ma wasn't too surprised by Fan Wumian's acquisition of a 39% stake in Alibaba. In fact, he breathed a sigh of relief and tentatively asked during the meeting:
"A few days ago, someone from SoftBank approached Mr. Fan. They wanted to jointly acquire the company with you. Why didn't you agree?"

Fan Wumian nodded and replied:
"What do SoftBank executives know? They're just lucky to have invested in you early on. If they want to cooperate with me, then Mr. Ma and the founding team will be sidelined. We're the ones who are truly on the same side."

"Yahoo, as a traditional internet company, has begun to fall behind the times. I also have the funds that SoftBank possesses, and we can cooperate deeply with Tencent. By joining forces, we can easily suppress SoftBank in decision-making. This is the most promising cooperation model."

“Those foreign investors are only concerned with small details and have no sense of the greater good. They only have money in their eyes and neither understand the mainland market nor its development potential.”

"I'm usually quite busy and lazy. I'll have to rely on the two Mr. Mas to help me make money in the future. I generally don't care about anything else."

After hearing these words, Jack was overjoyed and raised his glass to complain:

"To be honest, people outside say that I have a good relationship with SoftBank's boss, Masayoshi Son. In fact, SoftBank and Yahoo are in cahoots. Their combined voting power far exceeds mine. As the founder, I am almost being sidelined by them. They effectively control the board's decision-making power and may even dismiss management, which leaves me with little autonomy and makes me feel constrained in my actions."

"I thought Yahoo was amazing before, but after the collaboration, I realized I'd been tricked. I shouldn't have acquired Yahoo China. There's practically no value in terms of technical collaboration between the two sides. The conflict is escalating, and they're constantly threatening my partners with layoffs." "Mr. Fan, you have a great reputation. I'll be relying on you a lot in the future! I'm happy today, let's all have a drink to Mr. Fan. I hope we can cooperate in the future, form an alliance, and grow stronger together."

On the island nation of SoftBank, there is also a collaboration with Yahoo on the "Yahoo! Japan" project. The two sides have a deep partnership and had previously almost gained actual control of Alibaba Group.

SoftBank is quite powerful, and Fan Wumian is not bad either, as he controls the largest asset management group in mainland China.

With this connection in Yanjing, Jack Ma can do many things more easily. Since Alibaba Group does not plan to expand into the international market in the short term, Fan Wumian's help to him is obviously much greater than that of SoftBank and Yahoo.

Moreover, according to the information I've gathered, since Fan Wumian took over Tencent, he has indeed rarely interfered with the management team led by Pony Ma, only helping to identify and address shortcomings and providing many insightful suggestions.

In the years that followed, Jack Ma lost too many voting rights in order to grow and expand. It wasn't until Yahoo's CEO and SoftBank intervened strongly in Alibaba Group's strategic decisions that he realized he shouldn't have trusted SoftBank's boss Masayoshi Son and brought in Yahoo as a major shareholder.

Jack Ma did indeed develop with funding provided by Masayoshi Son, but the two had a relationship that was both adversarial and friendly, and they had many disagreements on issues including chicken buns, going public, strategic planning, and personnel appointments.

Jack Ma has a strong personality and hates being told what to do. He was naturally very happy to hear Fan Wumian openly say that he would stand by him in the future.

Fan Wumian became a major shareholder of Alibaba Group, which immediately put Da Qiangzi in an awkward position. He had a drink with him and said some nice things in front of Jack Ma.

Jack Ma was quite nonchalant. Seeing that neither Fan Wumian nor Little Ma had any intention of bringing up integration, he only said that the market was huge and that even if Jingdong Mall didn't do it, someone else would definitely do it in the future. He suggested that the two companies join hands to seize the market and have a chance to curb other competitors.

Fan Wumian had a particular advantage in doing business due to information asymmetry, but his personality was too undisciplined, unlike Xiao Ma Ge, Jack Ma, and Da Qiangzi, who devoted all their energy to their careers.

We talked about a whole bunch of random topics, including iPhone, Google, Amazon, Myth+ video website, as well as the Federal Reserve, subprime mortgages, exchange rates, the advantages and disadvantages of listing in Hong Kong, mainland China, and the United States, and so on.

Soon, a glass of baijiu was finished, and the atmosphere in the private room became more relaxed. Only then did Fan Wumian say to Jack Ma:
"Alibaba has grown too fast in the past two years, and recently it has encountered the financial crisis. I think it should slow down a bit. I will fully support you in the future. We need to lay a solid foundation first and not pay too much attention to the company's stock price trend."

"If you need money, I can help you find a solution. I feel that the market can be further penetrated in the future, including rural users, and the development of the logistics industry will create a lot of new job opportunities."

"As for other aspects, we've already made great strides. We just need to patiently wait for the next big opportunity, and the market size will grow accordingly. If everyone uses smartphones to shop, play games, and watch videos anytime, anywhere, the market size will become enormous. Areas like ride-hailing, food delivery, payments, and internet finance are all sectors I'm very optimistic about for the future."

As the bosses of large internet companies, Jack Ma and Pony Ma naturally pay attention to the latest developments in the tech industry. Both Alibaba and Tencent are already developing mobile applications for iOS.

Previously, Pony Ma and Jack Ma were on different entrepreneurial tracks and had some competition, but the basis for cooperation was also quite large. They talked about the topics raised by Fan Wumian and decided to compete fairly and occasionally cooperate to eliminate third parties.

Monopolies are not prohibited in the mainland market, so there is no need to be too polite to other entrepreneurs. Although it is a bit unfair to do so, other company bosses who make a fortune will not come to share the profits with Fan Wumian. Rather than letting them make a comfortable profit or letting foreign capital win without lifting a finger, it is better for him to earn the money.

While busy making money for himself, Fan Wumian also genuinely wants to do many practical things. When his strength grows to a certain scale in the future, he may have the opportunity to build a semiconductor supply chain, develop innovative drugs, increase the proportion of green energy in the mainland, and so on, so that more people can get rich.

That evening, he went to meet Ying Tian. The girl was filming in Yanjing and was dressed in ancient costume, waiting for him. She even had plum blossom makeup on her forehead. After striking a pose, she called out, "Your Majesty, brother."

Young people really know how to have fun; I've never tried this before.

Afterwards, unable to sleep due to excessive drinking, Fan Wumian hugged Ying Tian and chatted about what he had seen and heard during dinner that night. He told her that both Little Ma and Jack Ma had great fortune, had many talented people under their command, and had the resources to keep trying and making mistakes. He estimated that they would be able to develop and grow smoothly without him having to worry about them in the future.

In his past life, Jack Ma made many mistakes, but now, with Fan Wumian's help and advice, they have reached an agreement tonight to cooperate with UnionPay and raise funds from UnionPay to make UnionPay a shareholder of JiPay, just like Tudou.com.

While it is certainly easier to obtain funds from foreign investors, those who only think about making money and are unwilling to assume social responsibility will encounter considerable resistance.

For example, the Bird's Nest, to be honest, Fan Wumian doesn't really want it. And the Tianjing 117 Building, which has been making headlines recently, is also an unfinished project. He will provide funds to revitalize it. The main reasons are to take responsibility and make a good impression. The returns are not that important.

The next day, Ying Tian continued filming. In the morning, Fan Wumian met with Gao Yuanyuan again, and then went to the Bird's Nest to watch the rehearsal. In an interview, she said that being an athlete is not easy, and she would take out 3000 million RMB and some opportunities to transform into artists to reward some of the winning athletes.

the same day.

Jack Ma posted a photo of himself having dinner with Fan Wumian, Pony Ma, and Liu Qiangdong, causing Alibaba's stock price, which had been falling continuously, to surge again, with a gain of up to 21% by the close of trading.

In November last year, Alibaba's B2B business was listed on the Hong Kong Stock Exchange with an issue price of HK$13.50, which has recently fallen to around HK$8.20.

After news broke that Fan Wumian had acquired the company from Yahoo, the stock price rose to HK$9.3, and today it even broke through HK$11.

In reality, Alibaba's B2B business was still barely surviving, but Fan Wumian had always been adept at creating miracles, which gave investors in the market a great deal of confidence. (End of this chapter)