Chapter 2662 Plot
In terms of short-term effects, this meeting of SoftBank was undoubtedly successful.
For a group, putting forward a goal, even if it is a little high, is also a good way to inspire people and gather strength.
Masayoshi Son proposed to increase SoftBank's market value from 2 trillion to 200 trillion yen within 10 years. Although such a goal is converted into US dollars at the current exchange rate, it is as high as 1.8 trillion US dollars, which is really not a small goal, but such a goal is much more reliable than Masayoshi Son's call for 10 billion yen in 5 years and 50 billion yen in 10 years in 1981.
It is indeed highly operational.
After all, market value is just market value. Considering that the price-earnings ratio is generally more than 50 times, this goal is not impossible to achieve.
Think about it, in previous investments, they have many projects with returns of hundreds or even thousands of times.
And judging from the current market situation, there are not few opportunities like this.
For example, if Yahoo in the United States can be developed to the level of Yahoo in Japan, then it is possible to achieve the goal with just this company.
But Masayoshi Son knows that most teams will be full of confidence because of what he said today, but the Chinese team may be an exception.
Because in the Chinese market, they just lost their high hopes and the largest investment for no reason.
The bigger problem is that they are directly facing Feng Yiping's comprehensive suppression in the Chinese market.
So after the meeting, the first team he met alone was the management team of SoftBank China.
This is a five-man and two-woman executive team, and it can also be called a dream team.
The seven people in the team are now all middle-aged, and they are at their peak in terms of ability and network resources.
All of these seven people graduated from famous Chinese universities and have at least a master's degree from a well-known American university.
They all have experience as executives in well-known European and American companies, and five of them have successfully started businesses in the field of the Internet.
But the fact is that these seven people, plus Masayoshi Son himself, are still no match for Feng Yiping alone.
"Everyone," looking at the team around the round table who still seemed to be only forcing a smile, Masayoshi Son stood up and personally served them a cup of tea, "I know that everyone is still worried about the Renren project,"
"At present, this may be a setback, but from the perspective of Renren's future development, this is not possible, and it will not be a lucky one," - the so-called sour grapes, that's what it means.
"Besides, I believe you can also see that compared with the great success we are about to achieve, such a failure is completely insignificant,"
Compared with the Yahoo acquisition case that will definitely exceed US$44 billion, the investment of less than US$400 million in Renren is indeed insignificant.
However, when the fast-talking lady in the SoftBank China management team heard this, there was always a sentence in her heart, "Then how can you be sure that the great success you are about to achieve, that is, the acquisition of Yahoo, will not become a misfortune in the future?"
Of course, this can only be thought about in her heart, because she knows very well that in SoftBank, what to do and how to do these things are all up to Masayoshi Son, and the shareholders actually can't control him.
"As long as we can successfully acquire Yahoo and successfully make Yahoo USA perform like Yahoo Japan, we will become the most successful Internet company in the world,"
"Such an achievement will naturally help us seize more investment opportunities,"
The seven people who listened to his speech all agreed at this time, but they all had a question in their hearts. With sufficient funds, can we successfully acquire Yahoo?
After all, everyone knows that from the recent situation, compared with the combination of Microsoft and NEXTDOOR, SoftBank has always been at a disadvantage in acquisition negotiations.
The executive managing partner of SoftBank China asked this question on behalf of everyone, "Sun, I want to ask, how can you be so sure that we will definitely win the final victory in this acquisition,"
Masayoshi Son raised his feet with some pride, "Because we will put forward conditions that Yahoo will find hard to refuse,"
Conditions that are hard to refuse? Is it another price increase?
No, it shouldn't be!
Comparing money with Bill Gates and Feng Yiping is a stupid act, and once is enough.
So, what will it be?
"This, you will know soon," Masayoshi Son kept it a secret.
"I want to say, everyone, the acquisition of Yahoo is actually related to our business in China," Masayoshi Son stood up and walked around the round table.
"Our acquisition of Yahoo actually means a change in our investment strategy,"
"That is, from now on, we will change the single model of focusing on investment in the past. We can also further establish physical industries to make our identities more diverse and more directly related to the industry,"
"I hope that such a plan can be launched as soon as possible in China,"
This news has made the SoftBank China management team somewhat excited.
From a professional perspective, this means that they will be able to make a difference in more areas from now on.
From a competitive perspective, establishing their own physical company will naturally help improve their competitiveness.
Because, Feng Yiping's fund can indeed easily snatch their investment projects, but it is impossible to squeeze them to the point that even some of the companies they founded can't operate.
Even if it can achieve that level, the difficulty is much greater than snatching investment.
Then the question is, what industries in the Internet field are suitable for them to operate?
E-commerce is the first one that can be ruled out.
At least they can see that no matter how it develops in the future, Feng Yiping's company's leadership in China's e-commerce field will be difficult to challenge.
Like Feng Yiping, since Masayoshi Son talked about this issue in front of his subordinates, he was naturally prepared.
"I think, from the current point of view, games are a field we can invest heavily in," he said, holding the back of his chair.
"We all know that China's game market has huge potential, and Japan has very excellent game companies and talents,"
"This is our advantage, because we can easily integrate them together,"
This is indeed a good direction.
They previously invested in Shanda, but in just over two years, they received a return of more than 11 times.
Now, they are also the major shareholders of another famous game company, 9you.com, besides Shanda and The9... Well, it's a bit hard to explain this matter.
Because of the dispute over game copyright and some disputes between Softbank and 9you.com on equity, 9you.com's IPO road since last year has not been successful, whether in the United States before, or in Tokyo and Osaka later.
If everything goes well, this project can also become another Shanda.
But 9you's IPO road has not been completely cut off. They hope to try Hong Kong after solving all the problems...
But in any case, the game industry does have a good prospect.
For example, among the three portals in China, Yaolushan, which they have invested in and has the best life, is it not because of its success in games?
At this time, Masayoshi Son patted the back of the chair, "Do you have another question?"
This question was so abrupt and broad that no one could pick up his words.
"You may not have noticed, but I noticed one thing, Mr. Feng, haha," he smiled, "so far, he has never shown any interest in games,"
The seven thought about it and nodded immediately, it was true.
Feng Yiping's company only launched some casual games on its website, but did not seriously get involved in the game field.
This is a bit strange, because, with his vision, it is impossible not to see this market.
"Do you think it's a bit strange?" Masayoshi Son seemed to see everyone's thoughts, "I think I can understand the reason, maybe, in the eyes of Mr. Feng, making money through games is contrary to his philosophy,"
"Haha," he shook his head, "Business is business, profit is profit..."
Although it was not said explicitly, the disdain in the words was very clear.
"This means that in this field, we will not be interfered with by outsiders,"
Well, everyone likes to hear this sentence.
It's good that we won't be targeted by Feng Yiping!
"I hope to see the relevant plan in the middle of next month," he said at last.
But after the meeting, he deliberately left the executive partner and asked, "I heard that there have been some comments against Mr. Feng on Chinese websites in the past two days?"
"You..." He smiled and explained a few words.