When I am reborn, I just want to be a top student

Following the communication between the two major journals Science and Nature, the doubts about Galaxy Technology that had originally been on the Internet disappeared.

over the next few days.

The test results from major laboratories around the world have also come out.

The performance of this photoresist produced by Galaxy Technology is indeed excellent.

However, after this was proven, more people's attention turned to artificial intelligence technology.

Just at this time.

Jack Ma came again in person.

"Boss Wang, I never expected Galaxy Technology to develop so fast."

"I won't say any more nonsense. I'll take out 20 billion and exchange it for % of Galaxy Technology's shares. How about that?"

Jack Ma said this immediately after they met.

Wang Donglai was also a little surprised.

"Boss Ma, are you serious?"

Jack Ma nodded to show that he was serious, and explained: "I understand that with the current potential of Galaxy Technology, if we want to raise funds, we will definitely be able to raise a lot of money."

"But I understand more clearly that Galaxy Technology has not raised funds until now, and it must have its own considerations and ideas."

"Your company has too many business lines, and they are all asset-intensive manufacturing industries. The funding gap you need must be huge."

“R&D requires money, talent requires money, and equipment requires money.”

"Since Mr. Wang is willing to accept Lei Jun's investment, I think Mr. Wang will not refuse the 20 billion I put out!"

This time, Jack Ma's attitude in front of Wang Donglai was much better than last time.

Wang Donglai was not surprised at all.

"Boss Ma, 20 billion for % of the shares. It seems that in Boss Ma's mind, the valuation of Galaxy Technology is billion?"

Hearing what Wang Donglai said, Jack Ma immediately shook his head and said, "Boss Wang, business is nothing more than one party asking for a sky-high price and the other party paying on the spot. It can be negotiated."

"Galaxy Technology's valuation is certainly more than 100 billion, but the value of 20 billion in cash is not bad."

"What's more, these 20% of shares are not Galaxy Technology Group's shares."

Wang Donglai nodded and said, "Boss Ma, I don't know how you found out about Boss Lei's investment, but since you're here, I won't hide it from you."

"Indeed, I am prepared to relax investment restrictions and accept some investments."

"It's just that I have requirements for investment institutions and capital. Not only financial requirements, but also other requirements."

"If Mr. Ma wants to invest, I welcome it. As long as Mr. Ma can accept my requirements, 20 billion is no problem."

Jack Ma's eyes lit up, and he immediately smiled and said, "Of course, Mr. Wang, don't worry. For a high-tech company like Galaxy Technology, I certainly understand that it is different from other Internet companies. After I become a shareholder, I will highly respect the company's R&D and operations, and will not make any demands without authorization."

"No no no!"

Wang Donglai raised a finger and waved it, interrupting Jack Ma.

"Boss Ma, no one wants to lose money when doing business. Everyone wants to make money."

"Mr. Ma invested in Galaxy Technology because he saw the potential of Galaxy Technology's technology and thought it had a great market and could make a lot of money. Otherwise, he wouldn't have invested in it. Mr. Ma wouldn't object to this, right?"

"I have already given too much information about Galaxy Technology's ability to make money. Mr. Ma should have a good idea of ​​it."

"The reason why I relaxed the investment restrictions and allowed Mr. Lei to invest 5 billion is, on the one hand, because Galaxy Technology's business development does require funds."

"On the other hand, I want to take domestic capital to another development path."

"I want to invest money in technology research and development to drive technological progress, promote industrial upgrading, and benefit everyone. This is what I want to do."

"Perhaps Mr. Ma doesn't know one thing, that is, I had already told Mr. Lei before he bought the shares."

"Galaxy Technology will always maintain its emphasis on and inclination towards technological research and development, as well as guaranteeing the salary and benefits of its employees, and will continue to improve the level of benefits as the company develops."

"At the same time, I believe that investment is investment and speculation is speculation. Since you have invested money in Galaxy Technology, you must take an investment attitude. At least in the next five years, Galaxy Technology will not distribute dividends to shareholders."

"After paying employees' salaries, Galaxy Technology's profits are used for research and development, including talent training, equipment development, and so on."

"For the space rocket business, we have completed the research and development of rocket engines. There is still more work to be done, which also means a lot of funds are needed."

"In the semiconductor field, although the development of photoresist is a breakthrough, there is still a long way to go before we can achieve localization, and a lot of money will need to be invested in the process."

"Building a wafer fab and so on, the site and labor are all costs."

"These businesses all require huge financial support, so I also have very high requirements for the investment institutions."

“Once the investment is confirmed, the funds must be in place immediately, and no objections can be raised on the company’s strategy.”

"I think Mr. Ma probably doesn't know these conditions."

"So Mr. Ma, you might as well think carefully about whether to invest or not."

After Wang Dong finished speaking, he waited quietly for Jack Ma's reply.

Jack Ma really didn't think so much. After listening to what Wang Dong said, his expression showed a thoughtful look.

indeed.

Jack Ma was not aware of the conditions mentioned by Wang Dong before.

And, to be fair, the conditions proposed by Wang Donglai are definitely worthy of the word "harsh".

"Mr. Wang, from what you said, it seems that there is no room for bargaining on these conditions?" Jack Ma asked.

"Yes!"

Wang Donglai nodded and admitted.

"Boss Wang, don't you think these conditions are too harsh?"

The smile disappeared from Jack Ma's face. He stared at Wang Donglai and asked.

As Jack Ma put away his smile, the atmosphere became a little stiff.

Wang Donglai seemed not to feel the pressure from Jack Ma, and said as if he didn't notice it: "Doing business is a matter of mutual consent. If Mr. Ma thinks it is harsh, I can only express my regret."

"It seems that Mr. Ma thinks he has me in his hands?" Jack Ma said with a smile in anger.

"That's not the case." Wang Donglai shook his head and continued, "The true value of Galaxy Technology can be seen by anyone who knows the business. Mr. Ma can also ask himself, who is taking advantage of Mr. Ma investing money at this time?"

"Given Galaxy Technology's market potential, if it wants to raise funds, international capital will probably rush in. Even if it is a direct listing, I think there will be no problem, and it will most likely be green-lit all the way."

"Not to mention other things, Toutiao's users have reached 300 million, with 80 million daily active users, and Neihan's daily active users are 50 million."

“Not to mention Douyin and Pinyidao, which are still making great efforts.”

"I think the market valuation for these alone is no less than 200 billion."

"Mr. Ma, if you didn't agree with the valuation of Galaxy Technology, why would you want to invest in it?"

Jack Ma didn't look embarrassed at all when Wang Donglai said this.

"Mr. Wang, there is nothing wrong with what you said, but you also overlooked one point, which is that the market position of Neihan and Toutiao is not indestructible. Although your company's software does occupy the largest market share, who can guarantee that this advantage can be maintained forever?"

"To be honest, compared to Galaxy Technology, I am more optimistic about Academician Wang."

"In my opinion, Academician Wang's talent in academic research is much stronger than his business, and his importance to the country is also on a different level."

"Sometimes I even wonder if Academician Wang had not been distracted and focused on technology research and development, he might have achieved greater success."

Hearing Jack Ma say this, Wang Donglai waved his hand and said, "Boss Ma, it's not good for anyone to say anything about something that hasn't happened."

"If it weren't for Galaxy Technology, I might not have achieved these results and would have to work to make a living after graduation."

"I never thought that Galaxy Technology had delayed or affected my energy. Even if it did, so what?"

"Cultivate oneself, manage the family, govern the country and bring peace to the world. The ancients all knew this truth. How could I not understand it?"

"It is precisely because I no longer have the pressure of survival that I don't have to worry about not being able to afford food, housing, or medical care in the future that I can concentrate on scientific research."

“You can’t get rich being a scientist. You can’t make a fortune.”

"Instead of doing this, I might as well start my own company to monetize the technology I developed and maximize profits."

"From the results, I think I did the right thing."

"Galaxy Technology now has more than 70,000 employees, and the salaries they receive are far above the market level. This means that I have not only provided employment for 70,000 people, but also helped them become wealthy."

"Not to mention the impact of many of Galaxy Technology's businesses on the entire industrial chain, such as Pinyidao's agricultural assistance, which has helped many farmers increase their income."

"I feel that these are no different from my own scientific and technological breakthroughs, and the satisfaction they bring me is no different."

"Fish is what I want, bear's paw is what I want too, I can have both!"

Jack Ma originally wanted to flatter Wang Donglai, thinking that Wang Donglai, as a young man, would become complacent under his flattery, but he did not expect Wang Donglai to be able to behave so calmly.

"Mr. Wang is indeed a young man. He is energetic, daring to think and act, and full of vitality. He is really enviable."

"Boss Wang, if I can accept all the conditions you proposed, can you accept my investment?"

Jack Ma's eyes flashed, and he suddenly spoke out.

After hearing what Jack Ma said, Wang Donglai hesitated for a moment and then nodded.

"Boss Wang, I have another question."

"When doing business, you should behave like a business person. Be a villain first and a gentleman later. Make it clear in advance. It will be good for everyone."

“After owning shares, do I have the same voting rights as shares?”

When asking this question, Jack Ma looked very serious.

Wang Donglai did not hesitate, shook his head and said, "Boss Ma, I'm sorry about this."

"I have said before that Galaxy Technology is a company based on technology research and development. We attach great importance to technology research and development, so we invest a lot in research and development."

"I don't know what percentage of Mr. Ma's Taotian Group's annual investment in technology research and development is, but Galaxy Technology's investment in this area is definitely higher than your company's."

"Also, Mr. Ma should have heard about the employee benefits of Galaxy Technology."

"I saw a joke online before, saying that how to tell whether a joint venture is dominated by foreign companies or domestic companies is to just look at their employee benefits."

"I will not accept any questioning or objection to Galaxy Technology's development strategy, even from other shareholders."

"I must make this clear in advance."

"I will not modify employee benefits, nor will I cut back on funding for technology research and development."

“I hope that those who invest in Galaxy Technology will be partners who can abandon short-term monetary interests and focus on long-term interests.”

"If you only think that if you invest 5 billion today, the market value of Galaxy Technology will increase next year and the shares in your hands will become more valuable, I will not want such an investor."

"Because such investors are not only short-sighted, but also unable to provide more support to Galaxy Technology. It is better not to have such investors."

"In order to ensure all this, I must ensure that the power of Galaxy Technology is in my hands."

"It's like Mr. Ma's Taotian Group. Although Mr. Ma doesn't have the most shares, who dares to say that Taotian Group doesn't belong to Mr. Ma?"

"A partnership system can firmly control Taotian Group. Mr. Ma's methods are really brilliant."

"I don't want to put in so much effort, so I might as well just deal with it right at the beginning to avoid wasting time and effort later."

When Jack Ma heard Wang Donglai mention him, his face froze.

The partnership system of Taotian Group is indeed a means for him to ensure his dominance.

The issue of equal shares but unequal voting rights is not uncommon in China.

Jack Ma originally thought that Wang Donglai didn't understand these things, but when he heard Wang Donglai say this, he immediately dispelled some of the thoughts in his mind.

"What Mr. Wang said does make sense. The shares of a company can be dispersed, but the right to speak must be in the hands of the founder."

"I was a little worried that Mr. Wang was young and might not be sensitive enough to this, but now I feel relieved. At the same time, I have more confidence in Galaxy Technology."

"With Mr. Wang's scientific research talent and keen business sense, it will be hard for him not to succeed."

A smile reappeared on Jack Ma's face and he praised Wang Donglai.

In response, Wang Donglai just smiled and didn't say much.

"Mr. Wang, there are not many investment institutions in China that can come up with 20 billion yuan. It can even be said that there are only a few. But I can guarantee that the conditions they put forward will definitely be more than what I put forward."

"I won't hide it from Mr. Wang. 15 billion in exchange for % of Galaxy Technology's shares. As long as Mr. Wang agrees, the funds will be credited within a month!"

Jack Ma looked serious and re-quoted the price. (End of this chapter)