The development of Internet e-commerce has gone through several stages. At the beginning, Alibaba mainly engaged in domestic wholesale trade, which is perfectly integrated with the resources of the Yiwu Chamber of Commerce. Ma Yun chose the founding place of the company in Hangzhou not only because it is his hometown, but his experience of carrying a sack to Yiwu wholesale products must have left a deep impression on him.

So Chen Long showed off the advantages of the Yiwu Chamber of Commerce little by little, and Ma Yun knew that she either chose to cooperate with Shen Long or could only wait to be squeezed to death by Chen Long.

"I can now use 50 million as the company's first startup capital. If there is still a need, I will continue to invest additional investment! This money will be used to rent offices, recruit talents, purchase necessary work equipment such as computers and servers, as well as publicity, television, paper media and the Internet, so that our company's name can be called out in the shortest time! What do you think?" Chen Long asked.

"It seems that I can't use so much money at the beginning, right?" Ma Yun was a little confused. Chen Long's generous manner was completely beyond his expectations. He actually took out 50 million in one breath. You should know that Zhang Fox, who ranked 50th in the Hurun Rich List this year, had only 50 million to 100 million in total. Although Chen Long's name did not appear on the list, he could take out 50 million working capital at will, which shows that his total assets must be far more than 50 million.

With more money, it is certainly convenient for him to grow the company as soon as possible, but in this way, he will have much less shares in the company. Ma Yun can't afford much money now. Even if he uses resources and technology to invest, he will be embarrassed to ask for too many shares in the face of 50 million yuan. So how much should he get?

"How much do you think the first fund should be?" Chen Long asked. In the original history, Ma Yun raised 5 million US dollars from several investment institutions this year, and received 20 million US dollars from Masayoshi Son next year. He now took out 50 million at one go. However, those companies were only in contact with after Ma Yun started his business, and he did not get too many shares after spending so much money.

It's different now. If the accountant really wants to carefully calculate the investment ratio of both parties, Ma Yun would probably only be able to account for a very small proportion, which would become a job for Chen Long.

After a little struggle, Ma Yun gave up a large amount of shares and accepted Chen Long's capital injection. He has never thought that he would become China's richest man in the future. Moreover, if he wants to engage in e-commerce, he is indeed inseparable from Chen Long's support. There is no way, the situation is better than others!

Chen Long was not worried that he would regret it in the future. Ma Yun could do it for Alipay or something, and he could also get the support of Qiu Yingjie to do it himself, so the two parties were preparing to sign a contract.

"By the way, what are you going to name this new company?" Before signing the contract, there is one more thing to decide.

"Just call it Alibaba!" Ma Yun had already thought about it, "Most of us Chinese know the story of Alibaba and the forty thieves. I have asked many people in the United States, and they also know that this name is well-known to everyone, international and convenient for publicity and promotion; at the same time, Alibaba also symbolizes wealth, and I want this company to become a wealth incubation base; in addition, Alibaba's first letter is A, and our company must become the world's number one company..."

Ma Yun Balabala said a lot, and Chen Long nodded, "Okay, that's Alibaba." Then he signed his name on the contract and took most of Alibaba's shares. "I don't plan to interfere in the company's daily affairs, you will decide. When encountering major strategic problems, let's discuss them."

This is also the reason why Ma Yun is willing to sign the contract, so he still looks like a boss, not a job; after the contract was signed, he soon rented an office building near the Yiwu Chamber of Commerce, started building a website, and contacted merchants to settle in. Chen Long also provided great cooperation and brought a large number of Yiwu merchants to Alibaba's website.

At the same time, let Yiwu small commodity cities and logistics companies in various places cooperate with Alibaba's work. In this way, if a wholesaler in the southwest wants to buy their products, he will no longer have to ship them from Yiwu. Chengdu's small commodity cities will have enough sources of goods to sell to the other party, greatly saving logistics and transportation time.

At the same time, TV, paper media, and online advertising are fully launched, and the four words Alibaba has become a hot topic of concern to merchants across the country. Many people curiously entered the Internet cafe, registered Alibaba's account, found the products they wanted on it, and then tried to send a little money to pass it over, and they quickly got the sample.

The quality of these samples is good and the price is low, much better than what they originally sold. They immediately saw business opportunities and started to purchase and sell in large quantities. The transaction volume of Alibaba's website is higher than that of a month, and it is not a few percent of the slow growth, almost rising exponentially.

This phenomenon immediately attracted the attention of many Internet practitioners and venture capital companies. Cai Chongxin, president of the Asia region of the venture capital department of Sweden, flew to Hangzhou to visit Ma Yun's company. After going to the company to see it, he talked with Ma Yun and Chen Long, and the guy gave up his annual salary of $700,000 and wanted to work at Alibaba.

Ma Yun was a little confused. I knew I was good at fooling me, but I wouldn't be able to accept it, right? But he really wanted to join this person because he was familiar with the corporate structure of a large international company, which was very helpful to Alibaba's growth. He looked at Chen Long and Chen Long smiled and said, "We are naturally happy that a talent like Mr. Cai is willing to join. But now the company is still in the business period, I am afraid that you will not be able to give you a high salary, and you can only get an annual salary of 500,000 at most!"

It's too stingy to give you 500,000 yuan a month. But in this way, your shares will definitely be less. Cai Chongxin silently calculated the calculations. Even if he only took a small amount of shares, he would have a promising job than his current job. So he agreed and quickly completed the resignation procedures and came to Hangzhou to help Ma Yun adjust the company structure and formulate company rules and regulations.

Because of Chen Long's 50 million, Alibaba is not short of money now, so Cai Chongxin did not introduce Goldman Sachs' investment institutions. Instead, he rejected many venture capital companies when they came.

It was not until Masayoshi Son came to his house and proposed to invest in Alibaba. At this time, Masayoshi Son made billions of dollars in his investment in Yahoo. Such a big shot came to him, so they naturally did not dare to neglect them and immediately notified Chen Long.

Chen Long laughed after hearing this, he said, "It's not possible to have 20 million this time."
Chapter completed!