Reborn Entrepreneurial Giant

Chapter 793 SoftBank Vision Fund

2016 may be the last honeymoon period for China and the United States in the next ten years. We should take advantage of this time to do some things that are basically impossible to do in the future.

If the acquisition of Yahoo is successful this time, Qu Li will step down as chairman of Time Jumei, and Lu Qi will step down as CEO, take over as chairman, and concurrently serve as Yahoo CEO. When Lin Bing took over as CEO of Time Jumei, he also launched a rotating CEO system.

This acquisition can be a financing acquisition, or preferably a backdoor listing. The key is to look at the price. Even if a backdoor listing is not possible, there will still be opportunities for U.S. stock listings in the next few years.

The number of WhatsApp users is close to 900 million. WeChat users do not include domestic users and overlap with WhatsApp, but the number of monthly active users exceeds 700 million. Instagram continues to move forward and has more than 500 million registered users.

What is certain is that such a huge user base will bring more and more potential energy, and the user growth rate will become faster and faster in the future until it approaches the limit.

The combination of WeChat and Instagram is similar to Facebook Messenger and now has close to 1 billion users. The number of APPs installed by each smartphone user is limited. Everyone is socializing and communicating in real time. Competition with Facebook will become increasingly fierce.

Competition itself is not scary. What is scary is that Zuckerberg obviously has no bottom line. He is capable of frame-up and public slander. Besides, this guy’s security expenses of more than 20 million US dollars a year are impossible to prevent. who is it? Is it related to North Africa and Eastern Europe?

Turn Yahoo into a Singapore company, reduce the area that can be attacked, and safely compete with Facebook on a global scale.

Qu Li Quli and Lu Qi agreed on a plan. The two stayed in Singapore to split off WeChat and Instagram to form a new company. The personnel relationships of some domestic programmers also had to be adjusted. The personnel arrangement depended on Lu Qi's choice.

This matter must be accelerated, and their acquisition of Yahoo must not become a controversial topic in the US elections. After the matter here came to an end, Qu Li flew to Japan to implement the procedures to promote the investment, form the Future Alliance, and change the CEO.

Under a large wave of publicity, Japanese people are no longer unfamiliar with Qu Li. In their view, Qu Li is a small shareholder, and it is the Japanese shareholders who will benefit from Mitsubishi Motors. In the eyes of the Chinese, this is how much the future holds. Mitsubishi Motors.

The same thing will be judged from different viewpoints in favor of oneself. This is what Qu Li hopes. He has always been clear about what he wants: Mitsubishi Motors' channel resources in Southeast Asia. Core interests cannot be compromised even a step, and everything else can be discussed.

Mitsubishi Motors has maintained sales of about one million all year round and has stable profits. Its own research and development capabilities may not be worse than Qiancheng Motors, but it will be a raging nest. The upper management has not planned well, the internal management is chaotic, and the strategy is vacillating. So what? Possible synergy?

In other words, Mitsubishi Motors, whether it is the board of directors or the management, is not like Time Jumei, Glory and Future. Qu Li can decide everything with one word. The key is that under the influence of oriental culture, everyone speaks more reservedly, some Those who are not well-educated will not even know they are being scolded by others.

What to do? This depends on Qu Li's choice, whether he wants to be a disruptive innovator or a businessman who follows the rules. In fact, at this time, he had no choice. The whole world knew that he was an entrepreneur in the technology industry who did not understand technology.

The company's rules have always been adapted to Qu Li, and Qu Li has never adapted to the rules. Therefore, when the board of directors forms cliques, it is easy to figure out which ones can be roped in and which ones are not necessary: ​​if you want to trust him, just cooperate, if not Trust him and kick him out.

At this time, Mitsubishi Motors had abundant cash flow, and there were many trust issues due to management. Qu Li's successful experience across industries was so rich that, whether it was the board of directors or the Japanese media, unknowingly, more than half of the people who trusted him most.

It is a delusion to completely control the Mitsubishi Motors board of directors, and it is not necessary. Just give him three to five years. With this time, Qu Li will not bother to care about your life and death if Qiancheng Motors can successfully go abroad.

As for the management of Mitsubishi Motors, Qu Li promoted a man named Yu Kato to take over as CEO, and hired a CFO from outside. He cooperated with the consulting company to adjust the organizational structure, helping Kato Yu, Lu Tao and others to control the overall situation. to production and supply chain management, including re-evaluating suppliers.

This time he went to Japan, Qu Li was much more leisurely, and major events were basically settled. Now he was more interested in socializing, including meeting and chatting with Japanese business elites such as SoftBank Sun.

"You really want to acquire Yahoo? Is there still hope for Yahoo?" Sun Zhengyi

"I don't know if Yahoo has hope, but I know that Time Jumei is very powerful." After Qu Li arrived in Japan, there were still people who cared about his company.

"Yahoo has carried too many dreams of Yang Zhiyuan and I." Sun Zhengyi said about their past. Maybe many years later, when talking about the history of the Internet industry, Yahoo will be an unavoidable topic. Of course, Yahoo is just a wave of the times. Companies like Google are the ones that have truly changed the industry and the world.

Honor mobile phones were sold through SoftBank Telecom channels and were later successfully localized. They basically cooperated with all operators, but Apple still caught up. In addition to its strong overall strength, it also has a lot to do with the choice of operators, such as subsidies. SoftBank always gives more subsidies to IPhone than Honor, so that the price of IPhone in Japan is lower than Honor.

In addition, Twitter, WeChat and Instagram invested by Qu Li are all impacting Yahoo Japan's market, and the two sides are competing. If an Internet company from Kimchi Country becomes bigger in Japan, it may be acquired or merged, but times are different!

There is also e-commerce business. Yahoo Supermarket is the third largest e-commerce company in Japan, and Shopee wants to surpass him. Sun Zhengyi’s SoftBank is the actual controller of Yahoo Japan, so the relationship between Qu Li and Sun Zhengyi can only be said to be okay, even if With two common friends, Teacher Ma and Yang Zhiyuan, they are far from friends.

"Are you still short of money?" Sun Zhengyi suddenly asked

"Money?" Qu Li was a little surprised. He hadn't experienced the dilemma of being short of money for a long time.

"I will soon set up a very large fund." Sun Zhengyi

"..." Qu Li couldn't understand even more. What does this have to do with him?

"I believe that the singularity of artificial intelligence is coming, so I want to raise more money to invest in the above-mentioned fields that represent future technological trends and set off a new round of global information revolution..." Sun Zhengyi said about his dream

"Hasn't SoftBank been doing venture capital all the time? Are you still short of money?"

"The current scale is too small. I want to raise US$100 billion in funds for artificial intelligence, robots, and the Internet of Things..."

"..." Qu Li was even more speechless. Are you trying to deceive the wrong person? Why don't you invest in space exploration and rocket launches?

Google AlphaGo has become very popular in the industry recently. Many people see the hope of artificial intelligence and continue to increase investment. Honor and Time Jumei are not far behind, but they are not as crazy as Sun Zhengyi. Isn’t this the Vision Fund that later became world-famous? Your name has already been taken by Qu Li, what are you going to change your name to now?

"So I need someone to invest..." Sun Zhengyi

Where did you get your confidence? Qu Li curled his lips, do I look like someone who was taken advantage of?

"In addition to equity financing, it can also be debt financing. We pay 7% interest every year..."

Oh I got it!

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