My rebirth is different

Chapter 378 Legendary Alumni
Xue Cunhe's investment team received a task from the headquarters to be responsible for the due diligence on Alibaba.

It was this time that Xue Cunhe was able to formally meet Lao Ma.After completing the investigation, he submitted a report to the headquarters of Softbank in Japan. In the report, Xue strongly suggested that if Softbank wanted to invest in the domestic Internet industry, the first choice would be the e-commerce industry. Vote for the Alibaba family.

It was Xue Cunhe's report and his full support that changed the fate of Alibaba!
Without SoftBank’s $2000 million investment, it’s hard to say what Alibaba’s future will look like, perhaps, Taobao would not have been born…

You know, Alibaba at that time was not the Ali Empire in the future!

The Internet environment at that time was not very good. In the cold winter, Internet companies, large and small, were struggling and might go bankrupt at any time.

At that time, the main B2B e-commerce companies in China included MeetChina, 8848, Sparkice, and Alibaba.

In fact, earlier than Masayoshi Son’s trip to China, Zeng Qiang, the founder of Sparkice, met Masayoshi Son in Japan by chance, and Sun promised him that SoftBank would invest in Sparkice.

Alibaba is obviously just a runner.

In the venture capital world, when choosing an investment direction, there has always been the term "gambler" and "gambler".

Xue Cunhe's point of view is that only one company of the same type should invest in one company, and if there are really differences, it's another matter.

How to discover entrepreneurs from high-growth, high-tech industries with potential?Xue Cunhe said that in the final analysis, it is a human being. From many possible companies, he was only willing to support Alibaba. There was only one reason. Ma Yun and his team were more reliable and credible. Zeng Qiang, the person in charge of another project at that time "Too able to blow".

With the support of Xue Cunhe and several other domestic investors, Sun stopped the previous investment cooperation with another Internet company, and in January 2000, more than two months after the "1 minutes" statement, Sun invited Ma Yun went to Japan and directly proposed his decision to invest in Alibaba.

Softbank China Fund invested USD 2000 million in Alibaba and Taobao in 2003 and 2. As the largest investor in the early stage, it not only proved the sharp vision of the earliest discoverer, but also made Softbank gain more than 300 times high returns.

The more intuitive and shocking figure is that in 14 years, this part of the investment has appreciated from 2 million US dollars to 300 billion US dollars, making it the most successful investment case in the history of VC in the world.

In fact, SoftBank China's investment philosophy is quite simple. Generally speaking, it is to invest in projects with great social contribution, that is, to solve a certain social problem and improve social efficiency.This is fully reflected in Alibaba.

"The so-called investment success is actually a measure of the company's contribution to society. When you do a little 'good' for the society, a reasonable society will give you a little 'tip'. Therefore, whether it is a company or a company, investment Either way, it will succeed." Xue Cunhe once said.

…………

If we are discussing the outstanding alumni of Shanghai Jiaotong University in the investment banking circle, we have to mention one name, Shen Nanpeng!This is even more of a legend!
Whether it is the Internet industry or the VC circle, it can be said that everyone knows everyone!
He is the prototype of the perfect male god Tan Zongming in the TV series "Ode to Joy". It is said that his circle of friends is worth 2.6 trillion yuan.

Shen Nanpeng's status in the domestic Internet circle and investment circle is beyond the imagination of outsiders!
Ma Huateng once said: Shen Nanpeng is the most successful investor in China's venture capital industry, bar none.

"Forbes" magazine's 2019 "World's Best Venture Capitalist" list, Shen Nanpeng once again won the top spot, defending the title of the world's number one venture capitalist.

In 2018, Shen Nanpeng topped the list for the first time, becoming the first Chinese venture capitalist in the world to win this title.

The reason for the selection given by Forbes is: "Few people are more qualified to enjoy the reputation of 'Golden Hand' than Shen Nanpeng. He is an important investor behind China's leading technology companies such as Alibaba, JD.com and Pinduoduo. "

There is such a joke circulating in the VC circle:
The four great masters in the world, Xidu Yanyan, Dongxie Shen Nanpeng, Southern Emperor Jin Haitao...

As for Bei Beggar, it is not sure who it is, and it is probably still in the process of fighting for the throne...

Shen Nanpeng is most well-known as the founder and global executive partner of Sequoia Capital China Fund, one of the world's largest VCs. He also serves as the chairman of the Yale China Center Council, the chairman of Xiangjiang Science and Technology Entrepreneurship Platform, and the director of China Entrepreneur Forum And the 2015 rotating chairman, the vice chairman of the Venture Capital Fund Professional Committee of the Asset Management Association of China, the director of the Asia Society, the founding director of the Future Forum and the 2016 rotating chairman, the beautiful China director, the vice chairman of the Capital Equity Investment Association, Shanghai Jiaotong University Director of the Board of Directors, Executive Vice President of the Shanghai-Zhejiang Chamber of Commerce.

沈南鹏获得过的荣誉无数：“福布斯2012-2016年度全球最佳投资人”榜单中排名第一的华人投资者；荣登“2016投中《金融时报》中国最佳投资人榜单”并位居榜首，《财富》2015“中国最具影响力的50位商界领袖”和2015年及2016年“中国最具影响力的30位投资人”；《人物》2015中国“年度面孔”之年度投资人；《中国企业家》2014和2015年度“最具影响力的25位企业领袖”；被亚洲风险投资杂志评为“2010年度风险投资家”；2007年被为“CCTV2006年度中国十大经济人物”；2010年12月被评为“2010年十大华人经济领袖”。

In 1982, at a computer competition held in China, 15-year-old Shen Nanpeng and 14-year-old Liang Jianzhang met for the first time.

These two ignorant teenagers will not realize that 17 years later they will join hands to create a miracle in China's Internet industry. "

Liang Jianzhang and Shen Nanpeng are about the same age and have similar experiences. In 1999, Shen Nanpeng was 32 years old and Liang Jianzhang was 31 years old.

In 1982, they both won the first National Computer Contest for Middle School Students. Later, they both went to university in Shanghai, and went to the United States to study at the same time in 1989. After graduation, one worked in Citibank, and the other entered Oracle's Silicon Valley headquarters. One day in 1999, they met by chance in Shanghai. This meeting gave birth to Ctrip and Home Inns.

In 1999, just catching up with the first wave of the Internet, Shen Nanpeng, Liang Jianzhang, and Ji Qi ate and chatted at a restaurant in Shanghai, discussing how to make some articles on the Internet.

They talked about Sina, Netease, Sohu, and thought about what other industries could be combined with the Internet to create sparks. Liang Jianzhang first proposed the idea of ​​transforming the traditional tourism industry. In this way, Ctrip was born. In order to make up for the business. Liang Jianzhang also recruited Fan Min to form the "Four Gentlemen of Ctrip".

　The update may be a little late in these two days, there are too many things after I go home.

　　
　
(End of this chapter)