Alibaba is a very successful enterprise in China, but looking back on Alibaba from the beginning to the present, Cai Chongxin has played a very important role. Ma Yun has advanced thinking and strategic thinking, and Cai Chongxin is the actual executor of Ma Yun's strategy, especially in terms of capital and management, which has brought great changes to Alibaba and laid the foundation for its subsequent development.
Before Cai Chongxin joined Alibaba, the whole team of Alibaba had no particularly strong people in finance, while Cai Chongxin graduated from a well-known university and had very strong ability and resources in corporate finance. Alibaba's external financing was completed under his operation. Alibaba developed earlier, and its model is difficult for domestic venture capital institutions to understand. Softbank is the venture capital institution that invests the most in Alibaba, and it is also the venture capital of Softbank. Alibaba didn't close the door during the Internet crisis, which successfully supported Alibaba out of the most difficult period. With the capital reserve in the cold winter of the industry, Alibaba has more opportunities to develop its enterprises.
Cai Chongxin brought Ali not only financial support, but also the long-term development plan of the enterprise. When Alibaba was first established, it had no experience in the ownership structure, and just distributed its shares at will, without considering the impact on the subsequent development of the enterprise. After Cai Chongxin joined Alibaba, he sorted out Alibaba's equity, made clear the influence of employee's equity on the whole company's shares, and thought for a long time about the influence of introducing investors on the company's equity structure in the later period, which laid the foundation for Alibaba to introduce more external investors in the future.
Generally speaking, Cai Chongxin's contribution to Alibaba's development is the biggest except Ma Yun. It is for this reason that Cai Chongxin is also the individual who holds the most shares in Alibaba except Ma Yun, which is directly proportional to his influence on Alibaba.