Vol 5 Chapter 1244: Capital increase venture

Tokyo, SoftBank headquarters.

"I think the Internet has returned to its golden age," said the short-length Sun Zhengyi, wearing a shirt, to a large group of men and women in formal attire sitting around the conference table.

In front of his own people, he is not as smiling as he is in front of Feng Yiping, his majesty is full, and his tone of voice is unquestionable.

"In the case of China, although 81 mainland Chinese companies landed on overseas capital markets last year, the 7 Internet companies that performed the most prominently,"

"From the perspective of the United States, we must admit that Google, which went public last year, will create a series of records."

"One of them is the largest developing country with the fastest economic growth in the world, and the other is the most developed country in the world. The excellent performance of the consistency of Internet companies in these two countries fully illustrates this point."

Some people here are exchanging views. It seems that in such a hot Internet tide, there is no such thing as our economy, the world's second strongest, and the electronics and automobile industries are the world's leading countries.

The entire RB, except for Yahoo RB, where the president is also the president, there is no Internet company worthy of praise.

This has to be said, it is really regrettable.

Sun Zhengyi also felt very sorry that in the United States, Google, he did not invest, of course, because of the lack of investment, and then this search company took an unstoppable posture and soared into the sky.

In China, Baidu, he did not invest, because he counted on Yahoo China to develop as well as Yahoo RB, but now, everyone can see that unless Yang Zhiyuan is personally responsible for Yahoo China, otherwise, he has experienced packaging and giving away. Don't. After the large-scale resignation wave of the excellent management team, Yahoo China is afraid that its existing capabilities will be abandoned.

Can Yang Zhiyuan personally take charge of Yahoo China? Obviously unrealistic, so Yahoo China is completely hopeless.

Even if he bought Yahoo China, it is useless. People who are familiar with him know that he has a good vision, but he is a person with very average ability to do things.

This situation will definitely add points to Baidu's IPO, that is, if there is no accident, Baidu's listing in the United States this time will also achieve great success.

That is, whether it is in the United States, or in China, whether in the largest search market now or in the future, he and SoftBank seem to have perfectly missed the best opportunities.

Of course, in front of your hands, you don't have to mention this. In Japan, there is no habit of actively reviewing it.

"The success of Facebook and YouTube clearly pointed out the direction of future investment for us. Social and online video are the focus of our next investment."

"President," someone immediately added, "E-commerce..."

Sun Zhengyi glanced at this indifferent guy, would I not know this? The guy quickly bowed his head obediently.

"Through investing in Taobao, we have carried out successful practices in the field of e-commerce,"

This is not what he said.

Although I had to withdraw before the merger of Taobao and Jiasheng, the initial investment of 20 million US dollars was smashed, and it easily became nearly 60 million.

In this sense, this investment is naturally a success.

"The popularity of social networks means that in this era, we are more eager to communicate and communicate with other people than ever before. This actually indicates that another field will also have a lot to do, that is, the field of mobile communications. So 3G technology is also the focus of our investment,"

"...I decided to add 650 million US dollars to our branch in China to support investment in the above areas,"

The U.S. market is relatively mature. This maturity is not only related to the format of the Internet in various fields, but more importantly, the venture capital in the U.S. has been operating very mature.

It is not easy for Softbank to grab cakes from those guys on Dune Road.

While in China, venture capital has just started, Sequoia China is not yet a climate, and the only IDG, acting too petty.

IDG focuses on one-time small capital investment. The project amount is generally 5 million or 10 million US dollars, and some projects are even only 220,000 US dollars.

His SoftBank is different. As long as it is a project he fancy, it is impossible to invest tens of millions or even hundreds of millions of dollars at a time.

For example, Ali, he originally expected to be able to make a large additional investment in the next financing. Who knew that not only did this opportunity, even the previous investment had to withdraw.

In short, relatively speaking, for Softbank, in the Internet field, China has more opportunities, or in other words, more opportunities for successful investment in China than in the United States.

"At the specific implementation level, in addition to other work that needs to be done, we must find a way to subscribe for as many Baidu shares as possible. Of course, this can be directly contacted with the other party."

Sun Zhengyi believes that at this time, SoftBank has shown interest in Baidu shares, and Baidu will be very happy. This news will definitely bring great benefits to their future roadshows.

"Understand," someone stood up and took responsibility for this matter, "we will contact the other party directly, and also contact the institution that holds their shares to discuss the possibility of share transfer."

"Well," Sun Zhengyi nodded, "As for me, I will personally contact Feng Yiping to ensure that we will run Facebook and YouTube together with him in our country, and strive to rebuild a company as successful as Yahoo RB."

He also made a tactful explanation of his withdrawal from Ali.

He does think so too. Taobao, perhaps in China, will achieve something, but the problem is that Taobao's model does not work in Japan.

Therefore, in exchange for the opportunity to run Facebook and YouTube with Feng Yiping in RB in exchange for withdrawing from Ali, he believes that this will be a very cost-effective investment.

…………

The news that SoftBank China announced a capital increase of 650 million US dollars quickly aroused a huge response. The venture capitalists with the largest market share, such as IDG, felt tremendous pressure, while the majority of entrepreneurs were very excited. It seems that if there is It is not impossible for a good idea to fly on a branch and become a phoenix overnight.

Softbank's massive capital increase in China has also made local venture capitalists, such as Lenovo Capital, more confident. It seems that we are catching up with the Internet again.

Feng Yiping, who heard this question, also held a video conference in the capital.

Including Jin Ling and others, they also believe that now should be a good time to increase investment in startup companies.

"I personally think that from an overall perspective, the current domestic venture capital has a trend of oversupply and sufficient funds, but there are too few startup companies worth investing in."

"Everyone will know ~ www.wuxiaspot.com~ Before the venture capitalists were sitting in the office and waiting for entrepreneurs to come, now they will also take the initiative to go out to inspect startups, so I actually think this At that time, I was vying to invest in some start-up companies, which was relatively not so cost-effective."

"Yiping, we have to consider our social impact," Jin Ling said immediately.

As one of the most well-known companies in China, supporting new startup companies naturally reflects the company's social responsibility.

"In addition, we believe that from Mr. Feng's perspective, the projects we invest in will be very successful and not uneconomical."

Zhou Xingyu's words were unanimously praised by everyone.

But it was exactly what he said, as long as Feng Yiping nodded his head, it would naturally be worthwhile.

"Okay, okay," Feng Yiping raised his hand. "Although I think there are many other feasible ways to reflect our sense of social responsibility and increase the goodwill of users towards us. It is really not a thing to get together to invest in startups. It’s wise, but let’s increase the capital of our venture capital."

"According to the public relations department, we have also increased the capital of the company's investment fund by 500 million US dollars."

No one disputed the amount he raised. Since SoftBank has increased by 650 million, we also need at least 700 million. The senior executives of Jiasheng are relatively solid and will not deliberately fight for that kind of limelight.

Besides, this is actually mainly for publicity, as long as you can make sure that you can spend so much money when you need to invest.

When there is no project to invest in, with so much capital, it is naturally impossible to sleep on the account for nothing.

"I think it is necessary to do something, um," he thought for a moment, Wu Qian, "notify Tsinghua University, I agree to go to school to give a speech."