The meeting between Martin and Ma Yun went smoothly.
Ma Yun is really good at chatting, she can talk better than Liu Edong, and he can make people laugh better.
The first time he saw Martin, he rushed to hook up with him almost
"The word Martin can actually be used as a Chinese name, with the surname Ma and the name Ding. In this case, we are the same family, and we are all the Ma family."
"Really? Isn't it the skill of the Kimchi country to recognize one's ancestors? Mr. Ma Yun is in trouble. Ma
Yun was immediately shocked. Could this foreigner speak Chinese so well?
But his reaction was much faster than Liu Edong's, and he immediately said:"Mr. Martin, please call me Jack. This is my English name.""
Then the two chatted freely.
Even though Ma Yun was very eager for funds, she also showed a different kind of calmness when chatting with Martin.
"In fact, in terms of e-commerce, our government has already begun to lay out"
"CGOS, Huaxia Commodity Ordering System, our first-generation e-commerce product"
"Started as early as 1993, this e-commerce system was jointly built by three companies under the State Planning Commission, the Ministry of Domestic Trade and the Ministry of Agriculture. The host company is Jingcheng Shangyou Business Co., Ltd. Responsible company. At that time, it basically radiated nationwide"
"As long as we pay to become their members, we can put our products and logistics information online. Those dealers and retailers can obtain information through the website and complete product transactions quickly and easily."
"So although our Internet development is relatively backward, our government has a sense of urgency."
"That was in 1993. China's Internet had not yet been opened. The Vice President of the State personally led the establishment of the National Economic Information Office and launched the Three Gold Projects one after another."
"Jinqiao Project, establishing a national shared economic information network and connecting it to the Internet in 1996"
"The Gold Card Project promotes the electronic currency targeting the use of information cards and cash cards, and gradually realizes national financial networking."
"Golden Gate Project: Network information for national foreign trade enterprises, promote electronic data exchange, and implement foreign trade information management for paperless trade."
"……"
Ma Yun talked eloquently.
Why did he know this so clearly? It was because he had worked in the Chinese product ordering system at that time.
It can be said that his later e-commerce concepts, including the electronic payment system, all drew nutrients from the"Chinese Commodity Ordering System".
In the next twenty years, China will catch up with the West and lead the world in the Internet, especially e-commerce. People only see the efforts of Internet trendsetters such as Ma Yun, Xiao Ma Ge, Liu Edong, and Li Yanhong, but rarely understand the advance efforts at the government level. The layout can only be described as far-sighted.
Martin was also quite surprised by this.
Finally, Ma Yun finally talked about investment.
"Mr. Martin, how much have you decided to invest? I also admit that I need funds now, massive funds.
Martin said happily,"How much is the mass?"
Ma Yun raised her neck and said," The more, the merrier.""
Okay, this is indeed Ma Yun's speaking style.
Martin smiled and said:"There's no rush to talk about this, let's talk about your philosophy first."
Ma Yun was already prepared and said immediately:
"I mentioned CGOS earlier. Of course, this company has failed now because they were too ahead of their time."
"The CGOS system was created too early, before the Internet was popularized, and the initial profitability was not good. And they are too pursuing comprehensiveness. They want to not only want to be an e-commerce website, but also want to be an intermediary agent, and they also want to do a logistics business!"
"Not to mention anything else, the construction of the stations and distribution centers in the Kyoto area alone would require an investment of at least 70 to 80 million. How could they have so much money to burn!"
"A few years ago, as my country's Internet spread and the e-commerce environment began to mature, private companies such as 8848 and Kingsoft came to seize the market and overthrew CGOS with more flexible services. At this point, Ma Yun was a little excited. She stood up and waved her arms and said,"If I were asked to do e-commerce, I would not be a distribution center. I would specialize in website information and transaction systems." In my opinion, 8848 and Kingsoft are also a bit too big and too comprehensive. This is not how the Internet works. You need to be small and quick at the beginning!"
Martin looked at Ma Yun with interest.
This guy's philosophy is completely different from that of Liu Yidong. Liu Yidong built Jingdong one step at a time, investing heavily in infrastructure in the early stage - distribution centers and fleets.
Ma Yun did the digging. Bao, on the other hand, outsources everything except the core website, and then spends a lot of money on marketing.
Two different directions, two different styles of doing things, and the results are both successful.
It’s really interesting
…………
Martin stayed in China for more than a month and met Internet rookies such as Ma Yun and Liu Gedong, as well as Internet seniors such as Li Yanhong, Lei Jun, and Zhang Chaoyang.
In the end, $100 million was lost.
Liu Edong received 20 million and gave Martin 40% of the shares. (To read Baoshuang novels, go to Feilu Novel Network!)
Ma Yun received 80 million and also gave Martin 40% of the shares.
Why did you invest so much in Ma Yun’s Alibaba?
There is no way, after all, it is no longer an angel round. Alibaba received a US$25 million investment from SoftBank as early as the beginning of 2000.
If Martin had not taken this 40% stake, it would have been acquired by Yahoo for US$1 billion in 2005.
Of course, the reason why Yahoo offered so many shares was firstly because they entered the market later, and secondly because they also required 35% of the voting rights.
Martin doesn't care about voting rights. He has specified in the contract that all voting rights will be entrusted to Ma Yun. He is not willing to do the things that hindered Yahoo in his previous life. He is here to make money, not to seize power.
Of course, although voting rights are gone, directors still need supervisory rights.
Martin's (Nord's) team is already on the plane, and people will be arranged to enter the boards of directors of Jingdong and Alibaba.
After having contact with Liu Edong and Ma Yun respectively, Martin also learned a lot about these two people.
As a succubus, he can feel a person's character on a deeper level.
His analysis of Liu Edong and Ma Yun is that although these two guys have different personalities on the surface, they are actually both fighters with strong spirits.
Such a fighter, no matter what level he is at, will continue to fight hard, constantly defeat those around him, and continue to rise.
Concepts are important, but not important. The key lies in people.
Their ideas are not all unique, but in the end, only the two of them emerged from the battle in e-commerce and became the leaders of B2C and C2C companies respectively.
(Brothers, please take care of me. Please give me some comments, flowers, collections, and rewards. Thank you.)
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