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A month later, Goldman led a $5 million investment in the company. Soon after, Masayoshi Son, the chairman of Japan’s SoftBank and one of the world’s richest men, agreed to lead a second round of financing worth $20 million. Along with foreign investors, Mr. Ma shared a large chunk of the company with his 17 co-founders; most were friends and former students, and also among them was his wife, Cathy. |