Ma Yun: Take The Money, Hire Your People, Buy Your Company.
"Today is really very happy, because we are not going to melt money, is the trust of global investors.
A company must go far, and it must be pparent. This is our intention to choose to go public.
Ma Yun, chairman of Alibaba group, appeared hoarse in the evening media dinner in September 19th.
Reporters noted that, as a founder, Ma Yun now enjoys a market share of $14 billion 900 million with a stake of 8.9%, making him the richest mainland investor with a total net assets of 21 billion 200 million dollars. He sold about 0.5% of his IPO stake by about $867 million.
Ma Yun also revealed to reporters the investment direction of Ali's Fundraising: "I want to tell American investors to take your money, we want to hire your talents, buy your company and take part in the development of the whole world. Ali is not just serving small businesses in China."
Michael Moritz, President of Sequoia Capital, wrote that the power of the Internet will be reshuffled because of the listing of Alibaba.
"30 years ago, almost all of the top 50 TMT (technology, media and communications) companies came from the United States, but today the share of the US has dropped to 66%, and the number of Chinese companies has risen slightly from 30 years ago to 10% today."
Ali financing the highest in the world
As early as the week before listing, Ali and Ma Yun have become a hot topic in Wall Street.
The local press that the reporter stayed at the hotel for 3 consecutive days provided him with headlines.
In September 18th, the New York Stock Exchange building, located at 11 Wall Street, was replaced by new clothes. The orange banners of Juhuasuan, Taobao Tmall and Ali cloud were all hung outside the building.
In the early morning of September 19th, the temperature dropped suddenly in New York, but it couldn't reach the "Ali fever". At about 6 hours, the New York Stock Exchange was crowded with people waiting in line.
At this time, the sky was not yet bright.
Around 7 o'clock, a black suit and blue shirt, with a small head of Ma Yun, arrived at the NYSE, which was more spiritual than the previous interviews.
They include Cai Chongxin, executive vice chairman of the board of directors of Ali group, Lu Zhaoxi, chief executive officer of Ali, chief strategist Zeng Ming, chief operating officer Zhang Yong, CFO Wu Wei, vice president of group Yao Yongren and others.
However, the crowd waiting to ring the clock did not expect that, despite the creation of the world's largest IPO, Ma did not ring on the stage.
He gave the symbolic link to 8 clients.
The 9:30 clock struck, and 2.5 hours later, the Barclays Bank counters on the first floor trading hall of the NYSE were crowded, and the strained inquiry link began.
An investment banker at the scene said in an interview with the daily economic news reporter: "the last time it happened was Twitter listing, but there was no time for Ali to play so long, indicating that the buyer's market was stronger, and underwriters and investment institutions naturally would not easily relax their price."
Close to 12, after 10 rounds of consultation, with a cheer, the stock code "BABA" Ali finally finalized the opening price. The first paction on the NYSE screen was 92.7 USD / share, which was 36.3% higher than the 68 US dollar issue price.
If the Underwriters fully use the excess allotment rights, the listing amount of Ali will be as high as 25 billion US dollars, exceeding the 22 billion 100 million IPO global financing record set up by the Agricultural Bank of China in 2010 in Shanghai and Hongkong.
In Hangzhou, tens of thousands of employees are also experiencing an extraordinary night, and most of them will benefit from this capital feast.
According to the prospectus, Ali has issued a total of 26.7% of its shares to the incumbent and former employees in the form of stock options and other equity awards.
According to the calculation of $68 per share, the market value of some of the shares exceeds US $45 billion.
It is reported that Ali has a total of about more than 10000 people, with an average of about 1 million 820 thousand dollars per share.
Hire a foreign company to buy a company
After obtaining huge financing, Ma Yun and Ali's next move has also become the focus of investors' attention.
In an interview with the daily economic news reporter, Ma Yun said that the money had to be spent overseas.
"I want to tell American investors to take your money, we want to hire your talents, buy your company and take part in the development of the whole world. Ali is not just serving small businesses in China."
Ma Yun also admitted that many things Ali did not have to do in person, so it was better to buy some successful businesses and companies.
Reporters found that Ali's overseas expansion strides forward. In June 2013, Ali invested $170 million in the US electricity supplier Fanatics; in August 2013, Ali joined us logistics company ShopRunner with us $75 million; in March this year, Alibaba invested 215 million US dollars in social video application Tango.
For these investments, Ma Yun explained at the media dinner that day, Ali made any investment decisions, its core must be helpful to the ecology and consumers, and it is good for the future strategy.
"Many companies seem to have nothing to do with it. People outside think it's more money than play."
Take investment Hengda football as an example, this decision is to make up for the layout of Ali in the cultural industry. "It seems that there is no correlation. In fact, football is a very important aspect of the cultural industry.
China is 11 people on the pitch, but 1 billion people are watching the ball. This kind of attention is also a wealth that can not be ignored. "
Lu Zhaoxi also said that Ali is sure to expand the wireless business and e-commerce first, and then enter some new fields, and it will also involve the landing of the internationalization strategy.
On that day, Sun Zhengyi said Ali had just started and would not consider selling stocks for the time being.
When asked whether he would give advice on Ma Yun's investment, he said, "this is a dangerous problem, because there are many excellent high-tech companies in the United States, and it is up to Ma Yun to make his own decisions."
In addition, for the future direction of the small and micro gold clothing group, Ma Yun disclosed that there is no plan and plan for listing temporarily.
"Small gold clothing is still a child, it is a financial innovation, it has a long way to go.
I hope this financial innovation can bring more value to more consumers, "he said.
respect
staff
Leave option
In September 19th, Ma Yun and Lu Zhaoxi met the media on the 7 floor of the NYSE. They only stayed for fifteen minutes. But faced with the unwilling reporters' questioning of the "richest man's mood", Ma Yun, who had to leave his seat, took the initiative to pick up the microphone and admitted that he had no sense of this appellation.
"My happiest day is when I get 90 yuan a month.
14 years ago, I asked my wife, "do you want your husband to be a rich person or a respectable business person?"
I never thought of being the richest person in China, nor did I ever think that when I was the richest person in Hangzhou, Zhejiang, I even didn't want to be the richest person in our neighborhood.
Together with Ma Yun
Entrepreneurship
Ali's chief CPO, small and micro gold clothing CEO Peng Lei also shared the idea of Ma Yun.
At that evening's media dinner, Peng Lei's dress was very plain and low-key. She said, "for me, today is not the same as every 15 years we passed. Today is over, tomorrow is still the same.
From now on, I want to forget the stock price and pay attention to our users and customers.
For Ma and a lot of executives, wealth may be just numbers, but for employees holding Ali shares, it means comfortable life, cars, houses and other real things.
In this regard,
Jack Ma
Early psychological preparation.
Ali is a company that is hard to come in and easy to go out.
It's Ali's incompetence to keep staff, so I have an open mind for this.
As the company's chief human resource officer, Peng Lei said that after the listing, someone will leave. If employees feel tired and want to change their environment, the company will not block it.
"There is no way to keep those people, indicating that our work is not attractive, which is a challenge for me.
Those who have choices are happy and deserve to be blessed.
We only choose those who are willing to spend time with us to struggle together.
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