In early October 2016, there were rumors that Jing Gao, the actual controller of Phoenix Fund, might be worth more than Ma Yun.
This is a very eye-popping inference. The word "possible" is used because neither Phoenix Fund nor Jiuge Capital has been listed, and no one knows how many shares he holds.
Judging from the public acquisitions of Phoenix Fund and Jiuge Capital, Jinggao spent a total of more than 20 billion US dollars in half a year. This is a very astonishing number.
However, does this mean that Xie Shihuang, who holds an important position in the Ali family, should take this upstart seriously when he meets Jing Gao?
Judging from Xie Shihuang's behavior of drinking morning tea at this time, this can show his life-oriented side and create a good atmosphere for the talks to be held later. It can also be understood that he is neglecting Jing Gao and is putting on airs as a senior and leader.
Brother Dong told a short story in an interview. There is a Wuzhen Internet Conference one year. Ma Yun came in from outside. Brother Dong greeted Ma Yun. This was the first time they met. Ma Yun said, "Oh, you are Liu Qiangdong, you are so young."
Feng Qingyang, the number one master in the world, is still quite impressive.
The leopard can be seen in the tube, and the details can reveal the overall situation.
The sun shines on the bright, elegant and spacious box, bringing with it the tranquility of autumn. At the large round dining table, Xie Shihuang wiped his mouth slowly with a towel, stood up, shook hands with Jing Gao, and said with a smile: "Mr. Jing, would you like some morning tea?"
Jing Gao refused with a smile: "Mr. Xie, thank you. I've had breakfast." He made breakfast for Weiwei in the morning. Use a bread machine to make two pieces of whole wheat bread, fry two poached eggs, and heat two cups of milk. The main thing is to make Western food quickly.
Xie Shihuang nodded, made a gesture to invite Jing Gao to sit down, and said, "I have a late schedule, so I can't compare to you young people. I'm sorry. I've notified Xiao Cheng and Xiao Liu, and we'll talk about it when they arrive. "
Jing Gao said happily: "Okay."
Xie Shihuang was eating "breakfast" while chatting with Jing Gao, "When was Mr. Jing born? You can't find your information on the Internet. Not even Baidu Encyclopedia or Sogou Encyclopedia."
Jing Gao took out two mobile phones from his handbag and placed them on the dining table. He smiled and said, "I was born in 1989."
Baidu and Phoenix Fund are cooperating on Uber. I have to give you this face. Sogou, Weibo, and Toutiao are all discussed by people from the public relations department.
Xie Shihuang glanced at Jing Gao's mobile phone on the dining table and smiled. In this smile, it seems that some kind of pressure that has been maintained in the air is dissipating. He called the waiter to take away the snacks and tea in front of him. Serve two more cups of tea and chat with Jing Gao.
"Mr. Jing, you bought Coolpad and didn't use Coolpad's mobile phone?"
Jing Gao said: "It's useless for the time being. The management team at Coolpad is still adjusting." Coolpad is in Shencheng, and he has Wu Jingshu from Jiuge Capital in charge of it. He has already sent an email to Wu Jingshu, asking to replace 80% of Coolpad's executives.
Nonsense, these people made Coolpad phones look like this. Except for the responsibilities of the founder and former chairman of Coolpad, these people's abilities are very limited. Jing Gao is preparing to recruit more senior executives from Huawei, vivo, and oppo.
Xie Shihuang was just talking about this, not to accuse Jing Gao or anything, but reminded: "Mr. Jing, I have heard some rumors recently, you should pay attention to it.
Some people say that you like to mix political factors and personal preferences into your business. Say you are dissatisfied with some people over there. You once criticized Li Kaifu semi-publicly in Shenzhen's entrepreneurial circle. This caused him to set up obstacles for you to enter the shared bicycle industry.
Therefore, I predict that if you enter the mobile phone industry, Foxconn will probably not OEM for you. Or they will give you a very harsh price. You know what Guo Taiming said during the election last year, right? He said, He gives us food to eat.
Who among us Chinese would feel comfortable hearing this? "
Jing Gao smiled softly, put the tea cup in his hand on the dining table, and said loudly: "Mr. Xie said it too tactfully! In my opinion, the person named Guo just doesn't know how high the sky is. How can he have the face to brag about someone who works in a sweatshop?" Huh? Who feeds whom?
Furthermore, I am not the only one who scolds people with the surname Li. Colonel Dai also scolded me back then. This kind of person definitely cannot be regarded as an entrepreneurial idol of Chinese youth!
So, some people don’t care about dancing now, but they will make a list in the future. At this point, Wanwan is not as smart as the Japanese people. The elites of Japan and Japan all know that in the future we will completely liquidate them and finish what the Tokyo Trial has not done.
Of course, after all, it is one country, two wisdoms. I understand. "
Xie Shihuang's eyes changed slightly when he looked at Jing Gao. To be honest, who doesn’t have some feelings about family and country? Especially now that the country is becoming stronger, more prosperous, and more prosperous. But when doing business, you really need to downplay these things and pursue profits as your first goal.
Xie Shihuang raised his tea cup, replaced the wine with tea, invited Jing Gao to take a sip, and sighed, "Mr. Jing, I need to remind you. Your attitude may make it difficult to operate your mobile phone. TSMC’s Zhang Zhongmou is a diehard. For chip foundry, TSMC will probably not allocate its production capacity to you.
It's not a big problem if you sell tens of millions of mobile phones a year. There will definitely be channels to get the goods along the coast. But if you want to become one of the top five domestic mobile phone manufacturers, then there will be a big problem. Of course, the cost of chips from second-hand channels is not as low as placing orders directly from manufacturers.
Not to mention the problems that chip design needs to produce. "
Some self-media are just fucking idiots, and they even boast that TSMC is a Chinese company, so what? Give your fucking shit! Do you know who made SMIC half-dead in the first place? Do you know who sued SMIC in the United States?
TSMC.
Unless this bastard company is killed, it will be difficult for China's chip manufacturing industry to rise. Because it occupies nearly half of the world's chip foundry share. If the chip manufacturing industry is not good, it will not solve the problem that Americans are stuck in.
Jing Gao nodded, indicating that he knew what he was talking about. He raised his teacup, gave Xie Shihuang a sip of tea, and asked, "Mr. Xie, where did you hear such rumors about me?"
Xie Shihuang laughed and said, "There are many sources." He laughed and refused to tell Jing Gao. In fact, he clearly knew the source of the rumors.
They are all hanging out in the arena, and they don't see each other when they look up. Even if Jing Gao had semi-publicly criticized certain people in Shen City, how could it spread so quickly? There is someone behind the scenes who is adding fuel to the flames!
As far as he knew, the recent wave of rumors about Jing Gao was being spread by Ren Chao, a private equity fund manager in Shanghai. Anyway, this person danced the most happily this time.
A private equity fund manager is insignificant in the world. But this person's identity is a bit special. He is the nephew of Ren He of Galaxy Group.
…
…
Jing Gao and Xie Shihuang were chatting here when Cheng Wei and Liu Qing came in under the leadership of manager Du Zhijie.
One is fat and the other is thin, one is male and the other is female, they complement each other perfectly. The two of them indeed cooperate very well in Didi's operations.
"Hello, Mr. Xie."
The morning sunshine caused time to alternate in the private room of "Jiangnan Pavilion". Elegant furnishings reflect shadows.
At the dining table by the window, Xie Shihuang stood up early, shook hands with Cheng Wei and Liu Qing respectively, and then introduced: "Xiao Cheng, Xiao Liu, this is Mr. Jing from Phoenix Fund. You are young and promising!"
Cheng Wei adjusted his glasses, with a smile on his fair face, shook hands with Jing Gao, exchanged greetings, and said politely: "Mr. Jing, this is our first meeting, please give me your advice."
Liu Qing looked at Jing Gao with a somewhat complicated expression. In fact, she had contact with Cheng Wei and Jing Gao twice behind her back. Guo Lingyu, her junior sister at Harvard, was appointed as the representative. But the strengths of Didi and Uber are constantly changing. At this point, the offensive and defensive momentum is different!
Cheng Wei is considered young among successful entrepreneurs, but he is still 34 years old. Liu Qing was 39 years old at the time.
Jing Gao was twenty-seven years old and in his prime. He smiled and shook hands with Cheng Wei, "Mr. Cheng, you're welcome." Then he shook hands with Liu Qing.
Xie Shihuang smiled and waited for the three of them to finish greeting, then made a gesture to invite: "Everyone, sit down. Everyone, sit down. I just had a small chat with Mr. Jing for a while, and now let's go straight to the topic. Didi and Uber merge. This is the general trend. In the past month and a half, Uber's market share has been astonishing, and its market share nationwide has surpassed Didi's.
Mr. Jing, how do you plan to acquire Didi? Or, to put it more bluntly, how do you plan to arrange such an excellent team as Xiao Cheng and Xiao Liu? "
The three of them looked at Jing Gao with burning eyes.
Jing Gao looked around, his eyes sliding over the faces of the three people, and said calmly: "I hope that Mr. Cheng, Mr. Liu and other core teams will resign. Of course, I can set aside half a year to a year as a buffer. Your stocks This is all taking the normal path.”
Cheng Wei and Liu Qing looked at each other, disappointed. Obviously, this is the worst outcome of their calculations.
Xie Shihuang asked Jing Gao to talk about the plan first. One was that he and Jing Gao had a good conversation and there was no need to be aggressive. One is negotiation skills. He can go back and "fix" it a little bit. At this time, he said: "Mr. Jing, do you think this is okay?"
Jing Gao looked at Xie Shihuang and took a slow sip of tea.
Xie Shihuang said: "After the merger of the new Uber, the equity will be very dispersed. It will be difficult for Phoenix Fund to continue to control or hold more than 30% of the shares. So, what can be used to ensure control?
You said in Magic City to use the AB share model. But this is a method that can only be used after it is launched. What about before going public in the United States? Have you considered referring to our Alibaba model and setting quotas on the board of directors to control the model. "
Jing Gao pondered slightly.
The famous "Alibaba model", Jing Gao has not been doing nothing in these years. Of course there is some understanding of this. It’s everywhere on the Internet.
According to well-known practice, the shareholders’ meeting elects directors and then elects the chairman of the board of directors. The Alibaba management team headed by Ma Yun has very few shares. What should I do if I want to ensure the company's controlling stake?
According to Alibaba's articles of association, Alibaba's directors are selected by Alibaba partners. Note, it is the partners, not the general meeting of shareholders. In other words, the amount of equity cannot determine board seats.
Then some people will say, I want to amend the company's articles of association. no problem. Modifications to the company's articles of association require the approval of 95% of the shares. So, how much equity does Ma Yun own in Alibaba? You all know it! 8.9%. Later, it will reduce its holdings by 7%.
Xie Shihuang is now suggesting that Jing Gao adopt this model. Before Uber completes its next round of large-scale financing, Phoenix Fund now holds nearly 80% of Uber's equity, enough to amend the company's articles of association.
Generally, the two-thirds vote required to amend the articles of incorporation is required by the company.
Therefore, from this point of view, Alibaba's corporate governance is more advanced than Vanke's. Vanke's management team now maintains control of the company not by virtue of its articles of association or systems, but by the support of state-owned enterprise shareholders. Of course, Vanke has historical reasons.
Jing Gao shook his head gently and refused: "Mr. Internal friction in the future.”
He really needs to think more deeply about the issue of control. If Phoenix Fund’s equity in Uber merges with Didi, it will indeed be difficult to control it. Uber’s management team is actually full of contradictions. If there is capital at play, these people may not listen to him.
And if Cheng Wei and Liu Qing are retained and join the board of directors, it’s hard to say who the “new Uber” will be named by then.
Xie Shihuang frowned slightly. He noticed Jing Gao's character: stubborn! This word is used to describe a very famous figure in history. who? Wang Anshi! King Wang Shu's nickname is "Ao Xianggong".
What did Xianggong Ao say: There is no need to fear changes in nature, no sympathy for people’s words, and no need to abide by the laws of our ancestors. Come to realize that the word "拗" is not just about stubbornness and stubbornness. It also means being brave and not afraid of wind and rain.
Xie Shihuang sighed lightly and said, "Mr. Jing, Mr. Ma is very concerned about Uber's merger with Didi. Xiao Cheng is our talent from Alibaba."
It was a last resort, and he really didn't want to say it so clearly. Too low-end! Does Jing Gao know that he is here on behalf of Teacher Ma?
Jing Gao nodded and said, "Then let me think about it." He stood up and left.
…
…
Jing Gao left. The atmosphere in Jiangnan Pavilion is somewhat dull.
Xie Shihuang drank tea and pondered slightly. Is today's meeting a failure or a success?
However, if Cheng Wei and Liu Qing are very upset, it would be inappropriate to discuss it in front of Xie Shihuang. There is no doubt that Igao's "choice" hit them hard.
Teacher Liu Huan had a song that was very popular back then: Looking at success or failure, life is heroic, just starting over from scratch.
However, anyone who has truly reached a high position in the workplace understands: There are no second chances! Many times, a person's time, energy and opportunities can only support a brilliant career.
Just like Cheng Wei, he can exit with money and stocks, but can he create another Didi with a valuation of tens of billions of dollars? It can't be done.
Just like Liu Qing, she is a professional manager. She is nearly 40 years old. How can she still strive to reach the second-in-command position in a large company with social influence? is it possible? It’s silly to be someone’s boss! It can't be done.
Xie Shihuang put down his tea cup, looked at the two of them, and said, "Don't worry, you two. Jing Gao has not made a final decision yet. Phoenix Film and Television will hold a shareholders' meeting and banquet at the Pangu Seven Star Hotel the day after tomorrow. I will talk to Ali. Talk to the entertainment classmate to see if you can get a feel for his tone.
If it really comes to the final step and he insists on not giving Teacher Ma face, then we'll just wait and see! Our Alibaba company is open to both of you. "
"Mr. Xie, thank you."
"Mr. Xie, thank you."
Cheng Wei and Liu Qing stood up and thanked them. The recruitment promise coming from Xie Shihuang's mouth is still very weighty.
…
…
Not long after Jing Gao drove out of Xianghe Golf Club, he received a call from his assistant Guan Yujia, "Mr. Jing, how was the conversation?"
Jing Gao had just been delayed for a while in applying for a membership card at Xianghe Golf Club. Just kidding, if a distinguished guest like Jing Gao comes to visit and casually asks about coming back, will Du Zhijie say: Sorry, Mr. Jing, we have a threshold for membership here.
Isn't that nonsense? Who does this kind of business?
The black Audi slowly followed the traffic flow towards the International Trade Center. At around 10 o'clock in the morning, traffic was flowing on the street, which was relatively deserted and busy.
Jing Gao put on his Bluetooth headset and answered the phone. When he heard Guan Guan's warm voice, he felt inexplicably comfortable and said, "The talks have collapsed." He said "think about it" in front of Xie Shihuang was just an excuse. He didn't know how to do it at all. Make no concessions.
Guan Yujia was extremely surprised, "Did the talks collapse?"
Jing Gao explained the situation and said resolutely: "Am I spending so much money to make wedding clothes for others? Mr. Ma doesn't have such a high reputation with me."
Guan Yujia said worriedly: "Brother Jing, then we will offend two consortium-level companies, Alibaba and Galaxy respectively. The pressure will be very great."
Jing Gao smiled faintly and said: "My silly girl, there is so much tenderness in doing business, and it's all life and death! This treatment shows that I have reached the core stage of the business world. Let's talk about it later. I want to change Look at Uber’s structure.”
After hanging up the phone, Jing Gao looked out the car window while waiting for the traffic light: tall buildings were rising into the clouds, one after another. Where is he in this bustling city?
Jing Gao pursed his lips slightly.
