Vol 4 Chapter 372: Seems good

Just as it took less than ten days before and after to knock Feng Yiping out of Ali's shares neatly, Goldman Sachs notified Ali, and it was equally straightforward.

Of course, the level is still relatively high. Ms. Lin, partner and managing director of Goldman Sachs Group, co-head of Goldman Sachs Group’s Asian direct investment department, and head of Goldman Sachs’s private equity department in Asia, personally called the richest man in Ma, “Jack, because we continue Investing in Ali is in conflict with the company’s usual principles. The Ali shares held by our company and the corresponding rights have been officially transferred to another institution as before."

This is not an excuse. Since 2003, Goldman Sachs' private equity department has begun to lose confidence in Chinese startups.

In fact, in addition to Goldman Sachs, many high-tech investors think that this field is over. Many investors think that many companies like Alibaba in China have not been able to achieve success after a long time. Looking at it this way, most of them will not be successful afterwards. There will be a chance for success.

Having said this concisely, she was ready to bear the agitated or angry accusations or protests over there.

But what made her feel very strange was that the richest man in Ma, who was more eloquent, didn't even speak.

That's fine, so as not to be embarrassed.

"What I can tell you is that, in consideration of the sound development of your company, we have spent a lot of energy and selected many possible objects in the selection of the successor."

Well, this "spent a lot of effort" screening process took about a minute?

No, it should be less than a minute before Mr. Paulson said something, and the first choice of transfer was decided, which happened to be very interesting.

There is no word yet.

This made her doubt that the eloquent Jack is still online.

"This is a very outstanding institution, and its person in charge enjoys a very high reputation in the world, and is known for his strong strength and precise vision."

But this time, he should be a little blindly optimistic, or, as he said, they took over and prepared with both hands.

After years of persistence, luckily success is good, but after failure, he can accept Ali's large number of engineers who are very familiar with the characteristics of the Chinese market and have the most experience in e-commerce website design. It is indeed not a bad loss.

"You don't have to worry about it. This organization is also well-known in the Internet industry and has outstanding achievements. It has a close relationship with Silicon Valley. His investment in Silicon Valley is one of the most successful investments in Silicon Valley in the past two years."

Speaking of this, even their Goldman Sachs is envious.

He actually succeeded in investing in Google so quickly, knowing that it is quite difficult to get the approval of the two co-founders of Google.

Too many well-known institutions that brandish checks have come home in front of Google.

The industry generally predicts that Google's IP this year will set a new record in the amount of funds raised.

"He has a good relationship with Wall Street, and he has close relationships with investment banks, including us, and other well-known investment institutions in North America."

Otherwise, do you think Mr. Paulson, who is waiting for the rest, will think of him for the first time?

At that time, Mr. Paulson thought of him for the first time. It can be seen that this must be someone who impressed him very much.

"The important thing is that some of the companies he invests in China should bring a lot of help to Ali's growth, and his relationship with Chinese officials is very good,"

To be honest, there are very few businessmen like Feng Yiping who are directly affirmed by the highest level of Chinese officials.

The phone is still silent, very quiet.

But this silence, this silence, now makes Ms. Lin feel a little scary.

Goldman Sachs chose her to come forward because of many considerations.

In the business world, there is no such thing as arrogantly dragging the cool and dazzling the sky, and it is the norm that the world does not become the righteousness of business.

Although it has withdrawn from Ali, Goldman Sachs hopes to maintain a good relationship with Ali. Goodbye is also a friend.

Otherwise, if you withdrew from a company, you would become enemies with that company, and Goldman Sachs would not know how many times it was liquidated.

I chose Ms. Lin because she was one of the direct managers who led the investment in Ali, and has a good relationship with the founder of Ali. She has excellent communication skills. She is a female and she is also of Chinese descent.

Based on these factors, I believe that Jack will be angry again, but he should be able to maintain great restraint when communicating with Ms. Lin. The relationship between the two parties will not become irreparable because of the end of this cooperation.

This is also the shrewdness of big investment banks like Goldman Sachs.

When you can’t see clearly, or don’t look good, you can choose to exit.

At the same time, the relationship with the withdrawn company is still at least decent, so that when the situation becomes clear in the future, it is possible to reach cooperation again.

Although she felt a little guilty in her heart, Ms. Lin insisted on finishing this paragraph that had been considered for a long time.

Although she herself felt that as of now, she seemed to be performing stand-up comedy.

"Speaking of which, you may have guessed about the person in charge of the institution that took over the investment, yes, he is an internationally renowned scholar, the most successful young businessman in recent years, and the richest man in mainland China, Feng Mr. Yiping Feng, his Jiasheng Capital is our new partner specially chosen for you."

Now, Ms. Lin finally heard some reaction there, as if it was a soft "Huh".

"I estimate that immediately, our company staff will personally deliver the relevant documents, and Mr. Feng is expected to contact you soon,"

"Then Jack, I look forward to our next cooperation very much. After I return to Hong Kong, I will arrange a visit to Hangzhou as soon as possible. Goodbye,"

"Goodbye Lin," the other side finally spoke, although the voice sounded a little floating and a bit astringent, "I look forward to our cooperation again at the right time in the future."

Ms. Lin put down the phone and rubbed her forehead in relief. Judging from the final result, she successfully completed the goal she expected to achieve.

At least Jack also made a very friendly statement, didn't he?

…………

In the Hangzhou office, the richest man Ma, who put down the phone, was silent for a long time.

Isn't he angry?

No, he is very angry!

Although he is not optimistic about Goldman Sachs lately, he has already been fully prepared.

Because when it launched its second round of financing in 2000, Goldman Sachs did not choose to follow the investment, but let the investment institutions headed by SoftBank to dilute its own equity.

However, he was very surprised that Goldman Sachs chose to get off the car at such a time, and he was very angry.

The development of Taobao is at a time when large-scale investment is needed. The third round of financing is under discussion. Goldman Sachs chooses to withdraw at this time, and it is impossible not to affect the industry.

And it is conceivable that this effect will probably not seem to be positive.

This investment by Goldman Sachs is actually equivalent to the recognition and endorsement of a world-class investment institution~www.wuxiaspot.com~, which makes them quite confident when facing other investors.

However, now Goldman Sachs has chosen to give up, which is definitely not optimistic.

So how could he not be angry?

At the same time, for him and Alibaba, Goldman Sachs' investment is not just financial support.

It is precisely because of the recognition of Goldman Sachs that in the first round of investment institutions, there are well-known venture capitals from the United States, Europe and Asia. Such work is difficult to complete if they rely on themselves.

Moreover, the cooperation between Goldman Sachs and Ali is also very relaxed. They will only provide more opportunities and intangible resources for the company's development, but they will not interfere with the company's daily operations.

How can such a well-known and strong partner just withdraw without mercy?

However, successful entrepreneurs do have some very rare characteristics. The more difficult and angry they are, the more they can remain calm.

The withdrawal of Goldman Sachs is already a done deal and it is hard to come by. What he said is a big deal of fierce rhetoric, which will not help but will make him offend such a predator.

Goldman Sachs still left a window for future cooperation, and he also hopes so.

The business I am engaged in is a business that requires a large amount of funds. There may not be any time for Jiasheng in the future.

After sitting quietly for a long time, adjusting his mentality, and considering the follow-up actions, the richest man finally opened the door. He walked out of the office and said to the secretary, “Notify all founders to have a meeting at night. In addition, collect detailed information about Feng Yiping and Jia as soon as possible. Sheng's information,"

He can be so calm now, and it has something to do with this taker. Judging from what he probably knows, this one seems to be a pretty good choice? (To be continued.)