America's Road to Fame

Chapter 153

Chapter 153

At the charity gala in Silicon Valley, Chen William met many Asian friends, including rich Asians in various industries, as well as many Asian executives who are currently in the management of large companies, most of whom are Chinese and Indian.

This is normal in the first place. Among the engineers in Silicon Valley, most of them are Indians except for Chinese. In recent years, there have been more Indian executives. , will promote and recommend more Indian executives.

However, in terms of improving the status of Asians and helping Asians overcome the difficulties of the crisis, everyone has the same appeal. Therefore, this time the charity foundation has also received a positive response from the Indian community.

"It seems that Ali's stock is really going to be sold to you, William."

At the party, everyone was making connections in twos and threes, and Yang Zhiyuan chatted with William Chen about his acquisition of Yahoo's Ali shares. Thinking of this, he couldn't help but sigh.

"I know you're bullish on Ali's future, Jerry, but it's a good bet for Yahoo, too, isn't it?"

William Chen clinked glasses with him, took a sip of lemonade, and said with a smile:

"Yahoo is different from me. You are a technology giant. You have your own core business, which is search. Apart from that, everything else must be compromised for this core. I don't deny that Ali will have a good development, but It is always a Huaguo company. Yahoo should not only value this kind of financial investment, because you have already left the Huaguo market. Your investment, except for future financial returns, will not have any impact on Yahoo's core business. help. At times like this, it’s time for Yahoo to focus all its efforts on its own business, no?”

After thinking about it, Yang Zhiyuan had to admit that William Chen's words were very reasonable.If it is only for the economic benefits of investing in Ali, then after tasting the sweetness, Yahoo can easily change from a technology company to an investment company.

This is the same reason that when the real estate boom, many companies did not have the mind to focus on their own business, but invested all their funds in the real estate market.

Everyone will have path dependence. It is not easy to carry out scientific research and expand their own market, especially the investment in scientific research. Get enough returns, and it is easier to make money if you invest these funds in other places, such as real estate or the stock market.

This can be seen from many large companies. How many companies have declined because they invested heavily in the wrong research direction, so R&D must be risky.

But once you rely on capital operations and investing in other industries to make money, it is easy to go astray and eventually be surpassed by other companies in the main business.

The reason why Zhiyuan Yang mentioned this is also because, as the chief of Yahoo, he knows very well that because the subprime mortgage crisis is becoming more and more destructive, it is really difficult for Yahoo to persevere. Therefore, the board of directors has made a decision to accept Chen William's Meta Investment Company quoted for their 40% Ali shares. After nearly half a month of negotiations, this acquisition case is finally about to sign a contract.

William Chen came to Silicon Valley this time, in addition to participating in the establishment of this charitable foundation, the more important reason was to sign the final acquisition contract after reaching an agreement with Yahoo.

In the end, this organization named the National Asian American Mutual Aid Charity Fund raised a total of 5 million US dollars in start-up funds in a few days, of which Yang Zhiyuan and Chen William both donated 1 million US dollars to this fund, Deng Wendi Also on behalf of News Corporation, donated $5000 million in funding.

The three of them have also become the honorary chairman of this charitable foundation. They also chose a well-known Asian Guo Xibin who has been working in the charity field for many years to be the executive chairman of the foundation.

The headquarters of this charitable foundation is set up in Silicon Valley, and it will start recruiting personnel, and will provide assistance including donations, interest-free loans, and providing jobs to Asians who are in trouble during the subprime mortgage crisis, and will also be involved in disputes. Provide free legal aid to disadvantaged Asians.

After finishing this matter, William Chen came to Yahoo to complete the final contract confirmation for their Ali shares.

This time, the acquisition of Alibaba shares held by Yahoo was not complicated, so William Chen did not entrust Goldman Sachs to carry out the acquisition, but they still participated in his financing for the acquisition.

According to the agreement, Chen William's Meta Investment Company will complete the acquisition of 40% of Alibaba's shares held by Yahoo with US$40 billion in cash.Among them, Meta Investment Company only needs to actually pay 20 billion U.S. dollars, and the remaining 20 billion U.S. dollars will be provided by Goldman Sachs.

This acquisition is also a rare pure cash acquisition in Silicon Valley recently, and the amount is as high as 40 billion U.S. dollars. This is especially rare under the background of the economic crisis at this time. Big news.

This acquisition has also made Ali, a company that is not that well-known in the United States, more famous in the whole society. Many people are curious about what kind of company it is, and it is worth paying such a big price to buy it. shares.

Thanks to the various media in the United States, many Americans now know that there is such an Amazon in China.

In Huaguo, it is exactly the opposite of the situation in the United States. The popularity of the acquirer William Chen’s Meta Investment Company and Ali is exactly the opposite. At this time, Ali is one of the three Internet giants BAT in Huaguo. Naturally, it has attracted the attention of the Internet industry and even the whole society.

After the news reached Huaguo at night, countless media flocked to Ali Company that morning.After completing the signing of the agreement, William Chen had already notified Boss Ma as soon as possible, so Boss Ma was still very calm when facing many reporters.

Boss Ma said that Ali had already known about this matter. When deciding to make the acquisition, Mr. William Chen from Meta Investment Company made a special trip to Huaguo to communicate with him. The two parties got along very happily. Mr. William also said that I will firmly trust Ali's management and provide the greatest support for Ali's development.

And last night, after the acquisition was completed, he also communicated with Mr. William. This is just an ordinary equity transaction. Yahoo’s previous investment has been cashed out, and now it is more optimistic about the future investors of Alibaba. These are the future of Alibaba. The operation of the company will not have any impact, and if there is an impact, it will only be positive.

"The major shareholder of domestic e-commerce giant Ali has changed hands."

"Purchased Ali shares with a huge sum of US$40 billion, what is his background?"

"Used to be the most famous prodigal son in the United States, now he is the major shareholder of Ali."

All of a sudden, related news spread all over the Chinese media, and William Chen's name became known to the public.

What's interesting is that this time William Chen bought Yahoo's Ali shares, and the other impacts are...

The stock price of Huayi Company has risen by the daily limit for two consecutive days. The reason is that according to media reports, William Chen currently has two investments in Huaguo. Earlier, before Huayi Company went public, he invested US$1 million and held Huayi for 10 million dollars. % of the shares, and Boss Ma is an important shareholder of Huayi.

Moreover, Huayi Company has reached a series of cooperation with William Chen's Future Films, among which is the well-known actor Deng Chao, who will go to the United States recently to participate in a series of films of Future Films.

Therefore, under the hype of this kind of news, it is not surprising that the shares of Huayi Company are highly praised.

It's just that behind these news, whether Huayi Company is promoting it is unknown.

In fact, the Wang brothers were stupefied at the beginning. After learning that William Chen had purchased Yahoo's Ali stock, they were still a little skeptical. After all, the amount was really astonishing.

After they called Boss Ma to confirm the matter, there was a moment of silence before the two brothers looked at each other, and couldn't help but say, "Niuu X!"

(End of this chapter)