After Ma Yun left.

In the afternoon, I flew back to headquarters.

The first thing he did.

It's the convening of the board of directors.

There are two main plans to formally propose to discuss with Tang Qing, one is an equity swap, and the other is to attract Tang Qing to the board of directors, of course, some things will not be put out to say.

"The introduction of Tang Qing's capital this time, first of all, is because of Xiaoxiao's software, although its user base is far less than Ali for the time being, but its professionalism and subversiveness also make us unshakable. ”

"Secondly, Ali will be listed at the end of the year, and the release of 'Epoch', I think everyone can already see the vision of Tang Qing, a rich man, with his joining, investors are more confident... ”

The previous one.

It is to convince the company internally.

The latter one.

It is used to persuade the directors.

The directors are most concerned about the rate of return on capital, and they have high hopes for this listing, if there is such good news, in Ma Yun's view, it is in the interests of all shareholders.

"One to two, will we lose too much?" asked an independent shareholder representative, Ali is a giant, and Xiaoxiao is just a software subordinate to Tianyan Group.

There is no comparison.

This question.

It's the hard part.

It is also the main thing that Ma Yun promotes.

Tang Qing described a small future to him, that is the existence of no need to be Ali bad, he has seen the business that Xiaoxiao is going to launch next, plus Tang Qing's layout, Ma Yun has to be convinced.

"You're right, but things are constantly evolving, if it was before, I also questioned why, Ali's big family business, why can it only be compared to others. ”

"However, when asked why, have we thought about it, whether they are happy or not, what will the future be like, and what will it look like in a month?。。 ”

Ma Yun asked several questions in a row.

Don't wait for someone to answer.

Ma Yun continued.

"Before the meeting, I talked with President Tang for a long time, and his concept, about the future positioning, is subversive for Ali, and it is also an extremely important supplement. ”

"What is the specific, I can't tell you for the time being, as the chairman of the board of directors of Alibaba, I can say responsibly that this equity swap is an opportunity for Alibaba. ”

"It's not that people are begging us, but that it has penetrated into our core business, our inherent land is being encroached upon, and we need to cooperate with a strong opponent. ”

“。。。 ”

Ma Yun was also helpless.

Something.

Can't say.

Tang Qing told him about the small future, strategy, positioning, if he dared to say it, or used it as a means of competition, he would directly face a strong opponent, an opponent that Ali might not be able to afford.

Because.

You can never predict what means Tang Qing will use to subvert you next time, 'Epoch Times' opened the mobile Internet and knocked Apple to the ground, and Tang Qing seized the highest ground.

Even Tianyan Group, Ma Yun felt terrible after understanding.

What does Tianyan Group do?

corporate services,

Presently.

The business expands in major countries around the world, serving global enterprises, and for those enterprises, its small company also provides a customized enterprise management system.

Tianyan's strategy is intensive farming.

The previous one.

The volume grew rapidly, but the cohesion was too weak.

And the latter.

Through the establishment of financial, legal, strategic and other aspects of cooperation with enterprises, we have built a more harmonious and deep relationship, as long as Tianyan is in order, Ali's international business really can't compete with others.

Ma Yun once envisioned big data, cloud computing, finance, logistics, etc., all of which have not yet been implemented, and Ali will be very strong in the future, but Xiaoxiao and Tianyan may be even more powerful.

This is why he is so anxious to go to the Shanghai market to talk about a small acquisition.

It has already materially threatened Ali.

Together, there are two benefits.

Divided.

He felt that Ali might not be successful, but Tang Qing would definitely be able to live a very nourishing life, and the diversification of other people's industries was beyond Ali's reach, and he couldn't envy him even if he died.

The meeting ended quickly.

Emergency Board of Directors.

Most of the people who came to participate were delegates.

Specifically, they still need to go back and report to their masters, the first meeting, it is impossible to decide, whether it can be successful, Ma Yun needs to do behind-the-scenes work.

。。。

After the meeting.

Waited for half an hour.

Ma Yun called Yahoo's president.

"Mr. Semel, have you received the minutes of Ali's board meeting?" Ma Yun asked.

"Yes, but, to be honest, for these two plans, I think it is feasible, your vision, I have always been very optimistic, and Tang Qing's vision, I am also optimistic, but this matter depends on the board of directors. ”

Sale of shares in Alibaba.

It's not up to him to have the final say.

"Thank you for your long-term support, we at Ali are serious about this matter. The reason why Ma Yun said this is because Semel is about to end his six-year employment period.

Leave Yahoo.

The next president has also been decided.

One of the founders of Yahoo.

--- Yang Zhiyuan.

In the six years since Semel took office, Yahoo's market value has continued to fall, leaving only one-third of its peak, and then this year, the house leak happened to rain overnight, and ERV made several moves, which once again halved Yahoo's market value.

Therefore.

The board was utterly disappointed with Semmel.

For Yahoo's encounter.

Ma Yun was also helpless.

Ninety-seven years.

Yahoo had the opportunity to buy Google at the price of cabbage, but it didn't take a fancy to it, and finally regretted the intestines were invited, last year, the billion-dollar acquisition had to die, and the contract was broken, and the counteroffer reached 850 million US dollars, and people didn't sell it.

Right now.

If you have to die, you will get up.

Because of this.

Yahoo has almost no unique business that can get its hands on, and it was caught by ERV, and it was dying in three or two clicks, and today's market value may be even worse if Yahoo hadn't emptied the cash on its books and repaid the loan.

"I would recommend it to the board. Semel sighed, Yang Zhiyuan was going to replace him this month, and he could only leave gloomily.

"Thank you. ”

。。。

End the call.

Ma Yun called Yang Zhiyuan again, and the two are also old friends.

"Ma Dong, I know about this matter, for Ali's shares, I personally prefer to sell a part. "Yang Zhiyuan has been working at Yahoo, and this time he was ordered to come out to support the scene.

He knew what Ma Yun meant.

In fact.

Yahoo has run nowhere.

If it had been before.

Yahoo can also rely on its size to maintain its livelihood, and it is very optimistic about Ali and has little interest in selling shares, but now it is different, Yahoo was beaten by ERV at a loss and used up its capital reserves.

The industry is almost always thinking about the future of Yahoo.

--- is half dead.

Whoever called your main business too much, people almost overturned it in minutes, and now, in order to renew Yahoo's life, Ali's shares are no longer important, it is impossible to sell them all, and you have to keep some.

。。。

Shanghai.

Tang Qing looked at Yahoo's precipitous stock price.

In order to avoid the board meeting for half a day, let him wait too long, and there was a little urge to add fire in his heart.

I thought about it.

"Tang Yi, add fire to Yahoo's air side. ”

"Yes, Commander. ”

Thereupon.

But half an hour.

The article pointed out that when Yahoo repurchased its own shares and stabilized the stock price, it used up its liquidity, and even the money for equity pledge was about to run out.

At this time.

Each share has just opened.

Suddenly.

The market became lively, Yahoo fell by three percent at the opening, and it seems that there is an unstoppable trend, Yahoo's bailout funds are also panicked, and I don't know whether to do it for a while.

Yahoo urgently convened a board meeting.

The first thing is to 'refute rumors', the second thing is to borrow funds, and the third thing is... The proposal to sell Alibaba's shares was put forward and unanimously approved by the board of directors.

It's just that there is a disagreement on how much the premium is.