Silicon Valley

Chapter 593: Mud Bodhisattva crosses the river, unable to protect himself

Hangzhou, Taobao headquarters.

"Mr. Sun, e-commerce competition is fierce. Taobao is in urgent need of capital turnover. I hope to start the third round of financing as soon as possible!" The man who spoke was Ma Yun, the chairman and CEO of Taobao. There is a balding 40-50-year-old man, he is none other than Son Masayoshi, chairman of Softbank!

Sun Zhengyi smiled and said: "Don't worry, Softbank is mobilizing funds and it will be in place soon!"

Just as he finished speaking, his cell phone rang suddenly.

"Sorry, I'll answer the phone first!"

Sun Zhengyi picked up the phone and walked aside to answer it.

"Chairman, something is wrong!!!"

Sun Zhengyi frowned suddenly, and said in a low voice, "What's wrong?"

"30 minutes ago, someone sold a large amount of Softbank shares, and also shorted Softbank shares in a large amount, which caused Softbank's stock price to plummet by 300 yen, which caused panic selling by shareholders, like an avalanche!!! Chairman, it seems Someone is going to punish us in the stock market, if we don't stop it, I'm afraid Softbank's stock price will fall even worse!!!"

Right now, the price of food and ore is rising, and the international competitiveness of Japanese companies is not as good as before, and they have been blocked by Henry Williams, which has led to a very sluggish economic environment in Japan! The Softbank company in this life is far from Henry’s previous life. Good Internet companies are all founded by Henry himself. Although Softbank has cast the net everywhere and invested in many Internet companies, those companies cannot give Softbank a big return. Many companies instead Let Softbank lose money. So far, SoftBank's debt has reached 10 billion U.S. dollars. At this time, Softbank's stock price plummeted, and the blow was very serious!

Sun Zhengyi's face could not help but become gloomy.

He said: "Raise funds as soon as possible and stabilize the stock price!"

"Yes!"

After hanging up the phone, Sun Zhengyi walked over to Ma Yun with heavy steps.

"Mr. Ma, there was a sudden change in Softbank. Some people sold and shorted Softbank's stock crazily in the stock market. Shareholders panicked. Softbank had to raise a lot of money to raise the stock price. I'm afraid it will not be able to finance Taobao!"

As soon as Sun Zhengyi finished speaking, Ma Yun's expression changed.

At the critical moment when Taobao's capital chain is broken at any time, Softbank actually gave up financing, and the competition in China's e-commerce market is so fierce, precarious, Taobao may be submerged in this red sea immediately!

"I'm sorry, Mr. Ma, you can only figure out a solution for the financing. I have to rush back to Japan now!"

After Sun Zhengyi finished speaking, he turned and left regardless of how ugly Ma Yun's face was.

After Sun Zhengyi walked out of the gate, the people around Ma Yun said angrily: "The Japanese are really unreliable. At this critical moment of financing, they actually say that they will not raise money if they don't raise money!"

"No way, Taobao is just one of his investment projects, and Softbank is the core industry. Taobao has collapsed, and he still has Dangdang!"

"Softbank still doesn't have absolute confidence in Taobao. Otherwise, if it invested in Taobao, why would it invest in Dangdang and cultivate a competitor?!"

Ma Yun looked up at everyone, and said in a deep voice: "Okay, don't say these are useless. The most urgent thing now is to find new investors immediately!"

"Um!"

...

Sun Zhengyi flew back to Tokyo that day, and then hurried to the Softbank headquarters.

"Have you found out who is targeting us at Softbank?" Sun Zhengyi walked into the conference room where the meeting was taking place and asked right away.

"Found it. It's Henry Williams. All his SoftBank shares have been sold to the stock market!" The supervisor in charge of stock market trading replied immediately.

Back then, Henry bought a stake in Softbank and held 25% of the shares. Later, after several rounds of financing, the shares have been diluted to about 5%. Although he is still one of the major shareholders of the software, he has no right to speak. This time, Henry simply dumped the stock, causing stockholders to panic, and then took advantage of the trend to short Softbank and made a fortune! At the same time, it can also prevent Softbank from investing in Taobao!

"It's him!" Sun Zhengyi was surprised when he heard Henry's name.

"Yes, Chairman, Henry Williams is also nine out of ten who shorted SoftBank stock! Therefore, SoftBank is in big trouble!"

At this time, the Minister of Finance said: "Yes, there is a lot of trouble. The stock price plummeted, causing heavy losses to Softbank's major shareholders. They are now very dissatisfied and demand that the company raise the stock price as soon as possible! However, we only raised 2 billion in total. Dollar!"

"Aren't the banks willing to lend?" Sun Zhengyi asked with a frown.

"In the current situation, few banks are willing to lend us money!" The Minister of Finance shook his head and sighed.

"Then sell the company's non-core industries to raise funds!" Sun Zhengyi said with pain.

"Yes!"

...

Beijing, Prince Gong's Mansion.

"Your Majesty, there is news from Japan that Softbank is selling non-core businesses!" Violet laughed.

"Hehe, go down one after another, let people increase their short-selling efforts in the stock market!" Henry smiled slightly, "Isn't Softbank trying to raise the stock price? Let's see who has more money! Wait until Softbank can't hold on." So, send someone to buy the shares of Taobao held by Softbank!"

"Yes, Your Majesty!"

Ma Yun is worrying about financing at this time. Taobao has a 9% market share in China’s e-commerce market. Many venture capital institutions are still more optimistic about Taobao, but Taobao’s valuation is very high. It does not account for a very high shareholding, and the yield is low and the risk is high. Venture capital institutions usually favor new start-up companies and make angel investment. In this way, the investment is small and the return is large. Even if the investment fails, there is not much loss. As long as one company out of 10 start-up companies succeeds, it will also make money. up. If a unicorn company with a market value of 1 billion US dollars is born, venture capital firms will make a lot of money! ! !

Therefore, with Taobao's current scale and situation, it is still difficult for Jack Ma to find financing. Moreover, the major shareholder of Taobao.com has encountered a catastrophe, which has cast an unpredictable shadow on Taobao.com!

Jack Ma first went to IDG Capital, Sequoia Capital, and DCM Capital, three venture capital companies, because these three venture capital companies are all shareholders of Taobao, and the possibility of continuing to invest in Taobao is the greatest. These three venture capital firms originally planned to follow suit, but Softbank suddenly decided not to raise funds, and it was difficult for the mud bodhisattva to cross the river itself. Taobao investment. If you don't invest in Taobao, then the previous investment will be in vain...

As soon as Ma Yun left, the people sent by Henry came back.

(to be continued ~^~)

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