Sun Zhengyi: "The Great Emperor In The Electronic Age"
Any story, after having a brilliant ending, is often packaged as a legend.
Masayoshi Son
And those related to Ma Yun.
Alibaba
The same is true of the past.
In May 2014, Alibaba's IPO news in the US stirred up two pools of water in the domestic electricity supplier market and capital market, and the media quickly moved their respective abacus to calculate the number of billionaires born.
For the legendary Alibaba listing, the biggest winner has been recognized as Sun Zhengyi. Fourteen years ago, Softbank of Sun Zhengyi invested $20 million in bets at the then unknown Alibaba.
Unfortunately, this portal, which made Chinese manufacturers and overseas buyers interconnected, turned into the number one online shopping mall in China. The value of Softbank's stake has soared to about $58 billion.
The Korean Japanese, who is only 1 meters or 5, will again claim the richest man in the world with the help of Alibaba.
Personal experience
In 1973, when Sun Zhengyi was 16 years old, he leaped into California's Berkeley University, majoring in economics.
He is right.
U.S.A
Everything was curious and interested.
He felt that everything in the United States was large and orderly.
He believes that the United States is a country that he should know and learn.
In 1975, at the age of 18, the school gained 1 million profit from selling an electronic game from Japan.
In 1976, at the age of 19, the United States used the resources of the US Jet Propulsion Laboratory during the school period to earn its first $1 million by selling the pocket sound plator's patent to Sharp Co.
After graduating at the age of 21, he returned to his hometown again because he missed his mother and returned to his home name.
He first simulated the business he wanted to set up, and worked out ten years' estimated profit and loss balance table, balance sheet and cash flow table separately. He also compiled different types of company organization chart and made sand table deduction according to the time sequence.
Aiming front
In March 1980, Unison World, which was founded at California University Berkeley, has been running smoothly for many years. When graduating from University, there were 25 employees who sold the company to partners for $2 million and returned to Japan.
In 1981, he set up software bank at the age of 24. He established a software Bank (wholesaler) for half a year and traded with 42 Japanese stores and 94 software practitioners. He persuaded Toshiba and Fujitsu to invest and expand their scale. But after a year of bad management, he returned the original investment funds of the consortium.
Although Sun Zhengyi shoulder the responsibility of loss, but has won the admiration of his predecessors, the software bank has become famous since then, and has laid the foundation for Sun Zhengyi's career.
In the same year, Unison World was set up in Japan to carry out market research in the name of the company. In 1 and a half years, 40 industries launched a series of market surveys, visited various kinds of people, read a lot of books and materials, and worked out ten years' estimated profit and loss balance sheets, balance sheets, cash flow tables and organizational charts respectively. In addition, according to the time sequence, we made different organizational charts, and compared the results with the inspection items, and judged whether these are suitable for their own life.
(the survey report is 34 centimeters high, more than 10 meters wide).
In 1982, he saw HP's personal computer library at the exhibition and contacted with Japan's largest publisher.
Because of the publication of the personal computer library, Softbank became famous.
In the same year, Japan's software banks, which are booming businesses, encountered unexpected problems.
"I/O", "ASCII" and "Microsoft" refused to advertise Softbank.
In May, justice founded two magazines, Oh! PC and Oh! MZ.
Two months later, the return rate was as high as 85%, and the magazine was cut into pieces.
In 1984, with the help of Hashimoto Goro, Sun Zhengyi founded the shopping guide magazine "TAG". However, the 100% test failed, and finally ended in poor sales. It lost 600 million yen in the past half year, and spent 400 million yen on dealing with aftermath, which combined 1 billion yen debt.
Softbank Empire
In 1991, Borland, famous for its C language compiler, was preparing to issue an upgraded version in Japan. At that time, Borland CEO Philippe Kahn soon reached a consensus with software bank. He said, "if we have any defends, we can negotiate with sushi."
In the same year, he persuaded the US regional network professional network Wei ell to create a new market in East Asia. In order to diversify the risks, Disney was invited to join the group again. By 1994, the network system has become one of the main standards of the regional network, with an annual turnover of us $one hundred and thirty million.
Darl McBride, vice president of network Wei, thinks Sun Zhengyi is an intermediary who can make anything happen.
In 1992, it obtained the Japanese agency of CISCO system, and recommended that CISCO test the feasibility of CISCO's Japanese branch with the router as the test water. After a month, fourteen Japanese companies were invited to jointly invest $40 million to start the project.
In the same year, Japanese software sales channel 70% was controlled by software banks.
At the age of 37, it is already a $1 billion rich (1994) company that has become a listed company. In the same year, the acquisition of Ziff newsletter failed to succeed because of inadequate facilities. The software bank in Japan has the largest Expos Association in the Japanese exhibition industry, and also has a minority stake in Asahi TV.
In 1994, software bank in Japan has the largest Expos Association in Japan, and also has a minority stake in Asahi TV.
In February 1995, Sun Zhengyi and CISCO President Chambers discussed the feasibility of selling CISCO's router and setting up CISCO's Japanese branch.
A month later, the software bank kept inviting fourteen Japanese clubs and jointly invested $forty million.
Peter Clark, head of CISCO business department, said Sun Zhengyi was not like a slow Japanese, like a sword and action school.
The Internet age is still sprouting up, and software bank is already in full swing to welcome the new era.
In the same year, the Comdex computer exhibition in Las Vegas was launched again at Ziff-Davis publishing company and bought part of the Ziff-Davis stake at $2 billion 100 million. In November of the same year, it invested $2 million to YAHOO.
In 1996, a total of $3 billion 100 million was injected into the company's right to complete operation. Ziff-Davis publishing company has long been a Computer Intelligence company specializing in the marketing of personal computers, published in PC Week (March). In March of the same year, it invested $100 million in YAHOO's 33% stake. Japan's YAHOO successfully entered Japan and made profits in the first year.
(after July 1996) YAHOO's users grew at an alarming rate.
In 1998 and February, the software bank made a net profit of $three hundred and ninety million from YAHOO 2% with $four hundred and ten million. In the same year, it bought 30% of YAHOO shares for one hundred million dollars, and now only 28% remained worth eight billion and four hundred million dollars. In July, it invested $four hundred million in investing in the famous E*Trade online brokerage company.
In 1999, the The National Association of Securities dealer (Inc.) also agreed to jointly set up the "Nasdaq stock market" with the software bank. It may take the internet order as the main window, and the institutionalized and pparent online trading system is its special feature.
In October of the same year, Alibaba invested $20 million, and later, in order to help Alibaba acquire YAHOO China, he took the initiative to withdraw shares and cash in US $350 million.
By 2000, software bank had important joint ventures or wholly owned enterprises throughout the United States and Europe: more than 300 enterprises in the United States, more than 300 Japanese companies, all related assets, venture capital and strategic alliances, totaling 40 billion US dollars, among the top ten clubs in Japan. Sun Zhengyi has finally become a truly global player.
Sun Zhengyi wanted to develop public communication facilities like NTT, which was realized in April 2001.
Japan's Yahoo Corp began its BroadBand business.
In September, broadband officially opened commercial services; in May 2002, it reached three hundred million; in September, it had broken through 1 million lines; in early February 2003, it had broken through 2 million lines; in August, it had broken through 3 million lines.
In March 2004, it broke through 4 million routes, and in just 31 months, it has broken through 4 million lines.
In March 2004, a breakthrough of 7 hundred million, it can provide search, directory, organization, economy, automobile and other services at the same time.
Sun Zhengyi announced this decision through video website USTREAM on 3 th.
He also announced that from the 2011 fiscal year, he would donate executive compensation in full until he resigned from his post.
According to Softbank Corp data, in the 2009 fiscal year, Sun Zhengyi received executive compensation of 108 million yen.
In addition, Softbank will donate 1 billion yen in the name of the company.
In 1981, Sun Zhengyi, the editor of rich history, had his own company "Softbank". This is a close and friendly name for Sun Zhengyi. The English "bank" has the meaning of "library". It also has the meaning of "bank". "Softbank" can be understood as "software library", or can be interpreted as "software bank". It is said to be a "soft" bank, and it does not exist.
After investing in YAHOO in 1995, "Softbank" also began to pform. Sun Zhengyi's fate also changed, and gradually became a real venture capital investor specializing in the Internet.
Sun Zhengyi is the founder, President and chief executive officer of the Softbank. When the Internet is still in its infancy, many investors show their attitude of being reserved and wait-and-see. Sun Zhengyi became the first group of people to eat crabs. He resolutely invested and identified a number of early Internet Co to win the reputation of the "pioneer of Internet revolution" in the industry.
Today, Softbank has invested more than 450 Internet Co in the world, and has become the leading shareholder of some top ranking Internet Co, including Yahoo! E*TRADE, E-LOAN, InsWeb, and so on.
So far, Sun Zhengyi has established a broad coalition of Internet Co from the United States and Japan to create a computer multinational company.
Softbank is managed as a network composed of 64 revenue generating centers instead of pyramid management.
Obviously, Sun Zhengyi wants his empire to become a huge center of information market.
Softbank's Affiliated Companies promotes development through exchange of ideas, capital and sales.
For example, visitors to YAHOO Japan website can also make mortgage loans at E-loan sites, at E-tra
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