I can become stronger by paying salaries. I have one billion employees!

Chapter 149 That year, at 19 years old, I only had a cold 100 billion in my account (Seeking monthly votes)

September 19th, Ali headquarters in Hangzhou.

Last time, Chen Yansen visited Alibaba as a business partner, but this time he became a seller.

However, what he was selling wasn't products, but the company itself.

After the acquisition, FoxTao's shareholders will change from the original four (Senlian, Siwei, IDG, and Tencent) to multiple shareholders.

Rakuten and Augusta decided to exchange Ali's shares while retaining some of the shares in New FoxTao.

After YiTao merges into HuliTao, a new HuliTao will be established and operated as an independent business unit.

"Boss, we've arrived," Gao Weilin said quietly after parking the car.

Chen Yansen responded, unbuckled his seatbelt, and got out of the car.

Six well-dressed men and women got out of a van behind them. Among them were financial analysts and legal advisors. Together with Gao Weilin and Ye Qiuping, they were the core members of FoxTao's negotiations.

Song Yuncheng, standing to the side, looked at Chen Yansen with a complicated expression.

This man never tells the truth.

In early September, he confidently convened an employee meeting to announce that the rumors of selling FoxTao were all false.

Now she understood that the financial analyst and legal advisor Chen Yansen hired were all preparations for selling FoxTao.
However, the fact that Chen Yansen brought her to such an important occasion but not Mengjie secretly pleased her.

At this moment, Zhang Yong, accompanied by his assistant, quickly stepped forward, shook hands with Chen Yansen, and exchanged pleasantries: "President Chen, welcome! President Ma and the people from Lotte and Augusta have arrived."

"Then let's get down to business first," Chen Yansen said with a slight smile, his tone calm.

In 2011, Ali's headquarters had not yet moved to Xixi Park and was crammed into Paradise Software Park along with other internet companies in Hangzhou.

The group took the elevator directly to Unit G on the 10th floor.

"Ding—!" The elevator doors slowly opened.

Zhang Yong led Chen Yansen and the others straight inside and stopped at the door of a spacious conference room.

"President Chen!" Several familiar greetings immediately came from inside the room.

Ma Liyun sat with a middle-aged man wearing glasses, while Augusta sat with a petite woman. Several empty seats were clearly reserved for Chen Yansen and his group.

"Mr. Chen, let me introduce you. This is Wu Cunhe, President of SoftBank China."

Village Rice?

It sounds like a small matter; they changed their surname to a Chinese one.

Chen Yansen nodded slightly without saying anything. As everyone knows, SoftBank is an important investor in Alibaba, and Ma Liyun was able to repurchase the 40% stake from Yahoo thanks to SoftBank's support.

Even when acquiring FoxTao, SoftBank sent representatives to participate.

"Mr. Chen, this is Ms. Su Jingzi, the representative of Lotte," Jody, the investment manager of Augusta, introduced Chen Yansen.

Chen Yansen extended his hand and gave this 'easy target' a polite smile.

These lowly people come to China to do business, afraid of being hated, so they all change their appearance and hide their true selves.

Little did they know, Chinese people would never use this method of naming.

"Mr. Chen, I've long admired your name." Su Jingzi, whose real name is Mikitani Keiko, looked Chen Yansen up and down with intense eyes.

It's surprising that this young man, not even twenty years old, is the main character today.

The other person was tall and handsome, like a man who had stepped out of a comic book. Even Su Jingzi, who was well-traveled, couldn't help but sigh inwardly: Chinese men have really good genes.

"President Su, it's a pleasure to meet you." Chen Yansen glanced at her and responded indifferently.

Everyone took their seats, and the negotiations officially began.

The pricing has already been discussed online. The key points to confirm now are the valuation of YiTao and the shareholding ratios of Rakuten and Augusta after the merger with FoxTao.

Among the original shareholders of FoxTao, IDG plans to exchange its shares for Ali shares, while Siwei and Penguin Investment have decided to exit and cash out ahead of schedule.

The valuation of 200 billion is undisputed, which, based on Chen Yansen's 74.48% stake, translates to nearly 149 billion.

With this money, the expansion speed of the Orange factory can be greatly increased. On the one hand, it can solve the problem of insufficient production capacity of Orange mobile phones, and on the other hand, it can enter the OEM market and compete with Foxconn, Inventec and BYD.

Therefore, Chen Yansen and Gao Weilin were relatively relaxed, watching Ma Liyun communicate with Su Jingzi and Qiao Di throughout the process.

The three parties engaged in heated discussions regarding the valuations of Ali and YiTao.

"Ali's valuation is not up for discussion. This month, Silver Lake and Digital Sky invested $16 billion, valuing the company at $320 billion. If you two don't agree, we can discuss it further."

Ma Liyun looked confident; he could afford to wait.

Both Foxconn and Ali are experiencing rising valuations, but Ali, as the e-commerce giant, is seeing its market value climb even faster.

The longer Lotte and Augusta Capital drag on, the better it will be for him.

Moreover, in Ma Liyun's view, Ali's market value should reach at least 1000 billion US dollars to be considered a success. He would not have been willing to sell Ali's shares if it were not to fill the gap in external traffic entry points.

"Mr. Ma, I agree with the valuation of Ali at 320 billion US dollars, but is it reasonable to value Zhifubao at 180 billion US dollars?"

Su Jingzi frowned and directly raised her questions.

The equity swap plan proposed by Ali is to combine the equity of Ali, Zhifubao, and Xinhuli Tao (which is being restructured with YiTao).

In fact, they had no dispute over the valuation of Ali and New Fox Tao, but the valuation of Zhifubao at 180 billion US dollars made Su Jingzi and Qiao Di feel that this Chinese man who looked like E.T. had ill intentions.

The two sides argued heatedly, each presenting their valuation models and algorithms, and presenting their arguments with reason and evidence.

After listening for a while, Chen Yansen became impatient, took out his phone, and opened a scanned copy of "The Physics of Light-Speed ​​Sound Waves" to pass the time.

The debate remained unresolved until noon.

Ma Liyun's eloquence and negotiation skills are indeed strong. She seems poised to refute Su Jingzi and Qiao Di, making them accept the valuation calculation method given by Ali's CFO.

As lunchtime approached, Cai Xin stepped in to smooth things over, suggesting with a smile that they have lunch first and continue their discussion in the afternoon.

After all, a single spot involves hundreds of millions of dollars, and it's only natural that no one is willing to budge. The group arrived at the floor where the cafeteria was located, and the menu was quite extensive.

They originally planned to go to a nearby restaurant, but Su Jingzi and Qiao Di refused, saying that the cafeteria would be fine and they wanted to visit the cafeteria of Ali Baba.

After all, once the cooperation is reached, Rakuten and Augusta Capital will be considered important shareholders of Ali.

Cai Xin and Zhang Yong didn't actually let these company bosses and executives get their own food. They casually called over a few canteen staff, gave them a few instructions, and then led everyone to a private room.

Chen Yansen looked around and felt that although Ali had not yet moved to Xixi Park, the office environment was quite good.

In the canteen, there are chefs who cook dumplings and wontons, as well as cooks who make handmade noodles on the spot.

The line in front of the two ramen chefs was incredibly long; their arms were practically steaming from pulling so much meat, their muscles bulging and congested with blood.

Zhuxian Town Science and Technology Park also has a canteen, but it is open to all resident companies and the taste is not as good as the canteen at Xuyuan.

Normally, most employees of Orange Technology choose to take the company shuttle bus to the east gate of the virtual campus for lunch.

"Mr. Chen, how about opening an Orange Mobile Phone specialty store on Taobao Mall?"

During the meal, Zhang Yong tentatively asked.

Taobao Mall, which was established just three years ago, still has a strong demand for digital home appliances as it transforms into a B2C platform.

With the pre-orders of Orange phones reaching 300 million units, if these sales were generated through Taobao Mall, it would be equivalent to adding 60 billion yuan in sales revenue to the group.

Zhang Yong was naturally tempted!

“Orange Technology’s e-commerce department was only recently established, but since President Zhang has asked, I will definitely cooperate. Yuncheng, you follow up on this matter.”

Chen Yansen said with a smile that he had given Zhang Yong plenty of face.

FoxTao's current success is inseparable from Zhang Yong's support.

Chen Yansen heard that there were differing opinions within Ali regarding FoxTao. Hu Zhilong of the Ali Alliance and Wu Ming of YiTao had long wanted to use the group's power to suppress FoxTao, but Zhang Yong had blocked them.

Although Zhang Yong's move was only to avoid affecting the group's market share and total sales, it undoubtedly gave FoxTao the most freedom to develop.

"Manager Song, please leave your contact information. I'll create a group chat and have the colleague in charge of Taobao Mall onboarding connect with you."

Zhang Yong said to Song Yuncheng.

He saw Song Yuncheng next to Chen Yansen on all three occasions, which gave him some clues, so he was particularly gentle in his attitude.

"Thank you, Mr. Zhang," Song Yuncheng replied politely.

The group of people opposite them, including Ma Liyun, were no longer tense from the morning and were now smiling as they introduced Hangzhou's delicacies to Su Jingzi and Qiao Di.

Su Jingzi clearly had spent a long time in China and was extremely familiar with the dishes on the table, selectively skipping the local dishes.

Jody was very interested in handmade noodles, but she couldn't pick them up with chopsticks, so she had to switch to a fork to roll them up and eat them.

After the meal, Zhang Yong signaled to the administrative staff to take the representatives of all parties to the lounge, where they would continue negotiations in two hours.

This wasn't really for a break, but rather to allow everyone to calm down and report the details of the morning's negotiations to their respective headquarters so that a price acceptable to all parties could be found.

In the lounge.

Song Yuncheng was very quiet today. When she learned that Chen Yansen really wanted to sell FoxTao, she felt a little reluctant.

"Boss, I think the wrangling like this morning will probably last for another two or three days, otherwise neither Ali nor Lotte and Augusta will compromise."

Gao Linwei unscrewed a bottle of mineral water, took a sip, and said in a serious tone.

"It will be finalized eventually. They're not in a hurry, so we shouldn't be either."

Chen Yansen responded with a smile.

Because Fox's valuation in Q4 will only rise and not fall, dragging it out will be detrimental to Rakuten and Augusta Capital.

As expected, the afternoon negotiations progressed just as Chen Yansen had predicted.

Before long, Rakuten and Augusta negotiated the valuation of Zhifubao from $180 billion to $160 billion. After seeing that Ali was no longer willing to back down, the three parties finally reached an agreement.

Lotte invested 80 billion yuan and Augusta invested 40 billion yuan to jointly acquire 60% of FoxTao's equity held by Chen Yansen.

Alibaba exchanged 0.8% of its Ali shares and 1.13% of its Zhifubao shares for the remaining 14.48% of FoxTao shares held by Chen Yansen.

At this point, Senhai Technology was separated from Senlian Capital, and FoxTao and Chen Yansen have no further connection.

Tencent and ThinkTao's stake in FoxTao, valued at 200 billion yuan, was transferred entirely to Rakuten.

Tencent invested 1.5 million yuan in its angel and Series A funding rounds, which grew to nearly 20 billion yuan in just six months.

When Lin Chenfeng from the venture capital department brought his team to Hangzhou to sign the contract, he made a point of thanking Chen Yansen, and Chen Yansen's year-end bonus was a sure thing.

A return on investment of more than ten times is enough to allow all members responsible for this investment to receive a generous annual bonus ranging from 5 to 12 months.

Zhang Jiancheng of Mindshare Investment had a similar attitude, repeatedly congratulating Chen Yansen, saying that they had made a lot of money, but Chen Yansen had made even more.

Before he was even twenty years old, Chen Yansen had over 100 billion yuan in his account.

In addition, he is also a shareholder of Ali and Zhifubao. These seemingly small shares are worth at least 40 billion US dollars in the future!
Lei Jun's 40 billion is indeed cold, nothing compared to the more than 100 billion from President Chen.

After signing the equity transfer agreement, Chen Yansen made final discussions regarding the future of FoxTao members.

at the same time.

Rumors began to circulate that Ali, Rakuten, and Augusta Capital would jointly launch an acquisition of FoxTao, with Etao later merging into FoxTao to form a new FoxTao business unit.

In an instant, the entire FoxTao team was plunged into confusion.

The same applies to Wu Ming of YiTao. In terms of performance, he is not as good as HuliTao. After the merger, who will be in charge?

This is of utmost importance to him.

Of course, Ali, Rakuten, Augusta, and FoxTao have never given a direct response, leaving outsiders to speculate without being able to confirm anything.

(End of this chapter)