Watch point: In 1976, at the age of 19, Sun Yiyi established his "50-year plan for life" for himself and earned the first $1 million in his life by selling patents; In 1999, Sun Jung met with Ma Yun for the first time. Six minutes later, he decided to invest in Ali. The investment made more than 100 billion U.S. dollars; Since the establishment of Softbank, most of Sun’s investments have failed, and many people believe that his investment in Ali is only a matter of luck. Sun’s justice responded that luck has always been an ability; · In 2017, Sun Zhengyi established a “softbank vision fund†with a scale of 100 billion US dollars. Despite the large number of funds, he is the sole leader of this fund. • When the target company does not accept Sun Jung's investment, he will warn that he will invest in its competitors. This practice has been widely questioned, but it has effectively changed the game rules of the venture capital circle. Netease Technology News January 5 news, 1976, 19 years of age, Justice Son, who majored in economics at the University of California, Berkeley, he developed a "50-year plan for life": "In any case, more than 20 years old, formally started the business "A good time to establish a good reputation"; "When you are in your thirties, you must earn at least 100 billion yen"; "When you are 40 years old, you decide to make a decision and start a big attack." "50 When he is a few years old, he has accomplished his great cause; in his 60s he handed over to the next manager." In 1981, Sunyiyi founded the Software Banking Group. In the following decades, he invested in companies such as Yahoo, Alibaba, ARM, Sprint, Supercell, Didi, and Boston Power, and achieved a return of over US$175 billion. In 2017, Softbank became the fastest Japanese company to break through one trillion yen in its history. Its pre-tax profits for 36 years were 1.026 trillion yen. In May 2017, Sun Zhengyi announced the establishment of a 10 trillion yen "Softbank Vision Fund". According to him, this fund is 1.6 times the total amount of other venture capital in the world. How is Sun Yiyi, known as "Afghanistan Buffett", use this money for investment? Recently, a long article was published on Bloomberg's website, which records Sun's investment. The man with a height of less than 1.6 meters is using aggressive investment strategies and huge amounts of money to change the rules of the game. The article is compiled as follows: Earlier last year, Cheng Wei, founder and chief executive of Didi Travel, tried to boycott Masayoshi Son's initiative. According to informed sources, Cheng Wei clearly told the head of the Softbank Group that he does not need cash because the company has raised $10 billion. Sun Zhengyi told Cheng Wei, “Well, if I do this, I will invest in the competitors of Didi Chuxing.†Cheng Wei had to concede to accept Sun Zhiyi’s $5 billion investment, which is also the largest ever obtained by technology startups. A financing. In November of that year, Sun Zhengyi again adopted a similar strategy. He publicly warned Uber that if he did not reach the deal he wanted, he would instead support his rival Lyft. Last week, Uber announced its acceptance of Softbank’s $9 billion investment. Caption: At the end of 2016, Sun Jung and Trump held talks and promised to invest 50 billion U.S. dollars in the U.S. to create 50,000 new jobs. In the past year, Sun Zhengyi was an irresistible force in the field of science and technology. He invested in the Vision Fund, which totaled 100 billion U.S. dollars. Well-known investors, including Crown Prince of Saudi Arabia and Apple CEO Tim Cook, were all clients of the fund. Sun Zhiyi presided over the investment of dozens of companies and a series of dazzling business: such as sharing trips, satellite manufacturing, robot research and development, and even growing indoor cabbage and so on. For many years, regardless of admirers or detractors, Sun Zhengyi's maverick investment habits have puzzled them. The recent investment frenzy it set off is no exception. According to relevant sources, Sun Zhengyi asked for face-to-face exchanges with entrepreneurs in various transactions, encouraging them to accept more investment, and using their checkbooks as a weapon to put pressure on entrepreneurs. Along the way, no matter how good or bad he is, he is using unceasing influence to make opponents uneasy and change the game rules of the venture capital market. Steven Kaplan, co-founder and professor of the Venture Business Project at the University of Chicago Booth School of Business, said: "There is no precedent for this, and the industry is not yet sure whether this will work." It is difficult to classify Sun's investment strategy. He described himself as a true believer in the information revolution and was a strong supporter of the so-called "singularity." Sun Zhengyi firmly believes that one day computers will be connected with the human brain and body to form a "singularity" of technology. However, there are also many people who question Sun's strategy. They want to know how shared travel services are related to fund management, or how satellites affect indoor farming. Since the founding of SoftBank in 1981, Sun Zhengyi, 60, has completed hundreds of investments. During the Internet bubble, he was the wealthiest person in the world. But it needs to be mentioned that most of Sun's transactions ended in failure, and his reputation in the technology investment community came almost entirely from a transaction: investing in the Alibaba Group. In 1999, Ma Yun met with Sun Zhengyi for the first time, after which Alibaba received a $20 million investment from Softbank. After many years, Sun Yizheng said: "I think Ma Yun is as crazy as Yang Zhiyuan, so after the first meeting of 6 minutes, I decided to invest in Alibaba." Caption: Sun Zhengyi Introduces Earnings Index of Softbank's Important Investment The current market value of Alibaba shares held by Softbank is approximately 15.5 trillion yen (approximately US$138 billion), which is one of the most profitable venture investments ever made. But many people think this is a fluke. Sun Zhengyi was just lucky enough to succeed. Can he still replicate his own success? Sun Zhengyi refused to comment on this. A SoftBank spokesperson stated that Sun’s successful investment was far from Alibaba’s, including investments in Sprint, Yahoo, Supercell, and game developer Clash Royale. Previous page 1 2 3 Next Page