Chapter 685 Alibaba’s C round
“100 million U.S. dollars.” Jackma’s words were tentative, “Brother Xu, Alibaba has developed to a new stage, so I think we should invite more investors to join us. Alibaba’s development will be protected.”
Xu Liang said calmly: “Lao Ma, as long as you promise me to take back the 20% voting rights given to you in the contract, I will agree with you.”
< br>Jackma’s smile instantly froze on his face.
When Xu Liang invested in Alibaba in 2001, he obtained 30% of Alibaba’s equity for US$90 million, of which 20% of the voting rights were given to Jack Ma.
Later, Xu Liang took advantage of the Nasdaq crisis to acquire all Alibaba shares except SoftBank and Alibaba management.
So, Alibaba’s shareholding structure now becomes Hongyan holding 42.3%, Hanhua holding 7.69%, SoftBank holding 10%, Ma Yun and management holding 40.01%, and enjoy 60.01% voting rights.
If you give up these 20% voting rights, Ma Yun and his management team will instantly lose control of Alibaba Group.
Cough.
“Brother Xu, this idea violates the investment contract we signed.”
"Lao Ma, if I remember correctly, there is an addendum in the contract. When our investment is threatened, we have the right to withdraw our voting rights."
"Brother Xu, Ali's financing is for The next needs of the company's development and the growth of Ali are also in your interests. How can it be a threat? "
"If you agree to the C round of financing and also accept equal proportions of investment from Hongyan and Hanhua? , then I take back what I just said." Xu Liang said directly.
Only 30% of the Alibaba shares held by Hongyan and Hanhua have signed anti-dilution clauses, and the rest have not.
Once Ali’s C round does not involve him, the shareholdings of Hanhua and Hongyan will be diluted.
Xu Liang obviously did not want to do this when the best harvest period had not arrived.
The smile on Jackma's face gradually disappeared.
He and Alibaba’s management did have the idea of diluting Xu Liang’s equity through Series C financing. After all, the other party held too many shares.
49.99%, more than the entire management.
If 20% of the management power were not in his hands, he would not be able to sleep well at night.
As the two fell silent, the people around them did not dare to disturb them.
The room became quiet.
Jack Ma felt that he had been trapped by Xu Liang.
At first, when he heard that he was asked to exercise 20% of the voting rights, he happily signed the contract and handed over 30% of Alibaba's equity to Xu Liang.
Now this 20% voting power is like a poison bait, putting him in a dilemma.
Looking at the tangled Jack Ma, Xu Liang quietly waited for his decision.
When it comes to conflicts of interest, there is no room for silence and tenderness.
After a long time.
"Brother Xu, our cooperation has been very pleasant in the past few years. For Series C financing, you are still Alibaba's priority partner."
The smile on Xu Liang's face became even brighter.
Obviously, Jackma values corporate control more than shares.
“This couldn’t be better. Lao Ma, you know very well that from the time we invested in Alibaba to now, we have rarely interfered with your management. There are not many investors like us who have a lot of money but little to do.
By the way, now I have shares in the Hong Kong Stock Exchange Group. If Alibaba is listed, I will provide you with certain conveniences. "
Speaking of this, Jack Ma became interested.
"Brother Xu, I was really shocked when I found out you had taken over the Hong Kong Stock Exchange Group. How did you convince the Financial Secretary of Hong Kong to take over this kind of institution?"
"Haha, it's just some exchange of interests. Xiangjiang has taken a fancy to the booming technology industry in the mainland, and I just followed the trend and took advantage."
Looking at the smiling young man in front of him, Jack Ma didn't believe it. It would be that simple.
However, he also knew the secret transaction inside and could not reveal it.
Otherwise, you will only be asking for trouble.
After talking about the business, the atmosphere between the two relaxed.
Talking and laughing until lunch was over, Jack Ma said goodbye and left.
After seeing him off, Xu Liang, who had nothing to do, came to the backyard and knocked on the door.
“Wait a minute.”
With a crisp sound, the door opened quickly.
Liu Qianxi appeared in front of her wearing a pink T-shirt, gray shorts, and two slender white legs.
Although I was used to seeing beauties, I was still amazed by the charm of this girl.
She has been famous for more than 20 years with just one face. She is almost at the top of the list of beauties.
Among the women around him, Mo Maniang was the only one who could compare with her in appearance.
"Brother Xu?"
"Have you had lunch?"
"Eat, are you done?"
Xu Liang nodded, "Let's go to the studio. I just have time to paint a portrait for you."
"That's great. "
Xu Liang's paintings are worth thousands of dollars. This year, a six-square-foot "Old Man in Jacket" was sold at Guardian for a sky-high price of 3.27 million.
Although there is a suspicion of flattery, Mr. Xu, who has a professional background, is indeed good at painting.
"This girl doesn't even know how to close the door when changing her clothes."
Xu Liang walked outside and sat down on the sofa.
After a while.
"Brother Xu, what do you think of me wearing this?"
Xu Liang looked up and felt instantly excited.
She has long, glossy black hair that hangs in a braid on her right shoulder. She wears a moon-white floral cheongsam that highlights her slim figure. At her feet are a pair of milky-white thin-strap high-heeled sandals.
Standing there is like a blooming white peony, noble and elegant, with a hint of nascent vitality.
"There is a beautiful woman in the southern country, peerless and independent. She looks at the Qingren city and then the Qingren country."
Unable to stand Xu Liangshuo's hot eyes, Liu Qianqian looked away with some panic and some joy. eyes.
Xu Liang stepped forward.
Stretching out his right hand, his index finger lifted up the beautiful woman's smooth and delicate chin. Looking at the breathtaking dimple, he leaned forward and kissed her.
Liu Qianqian felt hesitant, nervous, excited, and expectant, and her whole body froze with mixed emotions.
Lips and teeth collided, Huanglong entered, and responded passively.
Suddenly, Liu Qianqian's body was shaken violently and she suddenly pushed Xu Liang away.
“Brother Xu, we can’t do this, Sister Wanwan will be sad.”
Xu Liang sighed regretfully. "I'm sorry, Sissy. You are so beautiful. Brother Xu couldn't help himself. You won't blame me, right?"
Listen, what kind of scumbag language is this.
Liu Qianqian quickly put on her trousers and put down her cheongsam, then shook her head.
"Thank you, Sissi. I promise there will never be a next time."
"I believe you, Brother Xu, let's leave quickly."
"Okay."
When they arrived at the studio, Xu Liang moved an armchair with cushions for Liu Qianqian to sit down.
The cheongsam hangs down naturally, exposing most of her smooth and pink legs.
Noticing Xu Liang's gaze lingering on her, Liu Qianqian instantly recalled the ambiguous scene just now in her mind.
A heat flow spreads from the legs, conducts to the buttocks, and returns to the place where the flowers are blooming.
This was the first time a man visited in seventeen years. Even though it was only on the periphery, it was a great stimulus to her.
While Liu Qianqian was thinking about it, Xu Liang had completely entered the state.
After fixing the canvas with a frame, use a small paintbrush to stick a little colored water on it and simply draw the outline.
Adjusted the proportions of the head and body.
After seeing that there was no problem, Xu Liang started applying base color.
Different people have different painting habits.
Some people like to start from the subtleties and slowly expand outwards.
Some people like to advance step by step after determining the general outline.
Xu Liang likes the latter.
Time passed little by little, and Liu Qianqian gradually recovered.
And she also saw the concentration in Xu Liang's expression.
"Sissi, what's wrong?"
"Brother Xu, I want to go to the bathroom."
"Go."
Liu Qianqian left quickly and waited for her to come back.
"Sissi, if you feel tired, just get up and walk by yourself, it's okay."
"Yes."
The sky is getting dark.
Dong dong….
There was a knock on the door.
“Come in.”
Lu Hui opened the door and came in.
"Mr. Xu, dinner is ready."
Xu Liang put down his brush.
"Cici, let's go, let's have dinner first."
Liu Qianxi quickly got up and walked to the drawing board.
"Wow, Brother Xu, you finished the painting so quickly?"
"Did it? It's still very early."
"It's still very early? ”
"Now I have just finished drawing a rough outline, and the next step is to deal with the details."
Liu Qianqian looked at the painting on the drawing board, and her image was already very clear.
In her understanding, the painting has been completed.
"Don't think about it, let's go and eat."
After saying that, he grabbed her hand and walked out the door.
Seeing this scene, Lu Hui sighed secretly.
Another high-quality cabbage was eaten by the boss.
Because oil painting is oily, it will not dry within a few days, so you can leave it for a while and continue painting without delay.
The next day.
The light was wrong in the morning, so he did not go to the studio.
Instead, we went to the construction site of Taihua City [Kerry Center] in Hangzhou.
This 101-acre plot of land, bordered by Yan'an Road to the east, Changshou Road to the west, Ha'er Lane to the north, and Qingchun Road to the south, is the original site of Zhejiang University's Binhu Campus.
It has been more than two years since Taihua obtained the development rights in 2002.
Including an apartment hotel, a 5A-level office building, a shopping mall, high-end apartments and high-end residences, with a total development area of 276,000 square meters, Taihua City has begun to take shape.
“Can it be completed next year?”
Xu Liang, wearing a red safety helmet, asked.
“It will definitely be completed next year, and internal decoration and external investment work will begin in the second half of the year. If everything goes well, the entire project will open in early 2006.” Liu Junming said respectfully.
“Where is Taihuali?”
Taihuali is the second project of Taihua Group in Hangzhou. It is not far from Taihua City, just two intersections apart.
Both parties belong to the Binhu Business District of Hangzhou.
However, Taihuali is right on the edge of the West Lake, and its location advantage is better than that of Taihua City.
The reason why we are so close is thanks to the Delong Group.
In 2003, the two parties traded 13 commercial plots of land.
The Binhu plot [Binhu Yintai in77] where Taihuali is located is one of them.
The project has a total area of 300,000 square meters and is divided into five areas: A, B, C, D, and E. Although the area is huge, it is a comprehensive high-end business integrating commerce, cultural landscape, and scenic tourism. district.
This means there are no hotels, office spaces, apartments, etc. attached.
If it weren’t for Delong Group’s great reputation across the country, we wouldn’t be able to get this kind of elite land.
Taihua really made a huge profit.
(End of this chapter)