Chapter 768
Words:1758Update:22/06/30 10:01:37
Ralph frowned as he looked at the documents in his hands. Why would Feng Yu pay attention to this company? A company that sells books on the internet should not be related to the internet. This should be considered a new industry. What potential does this company have?
But Feng Yu's decision was right. Although Ralph does not understand, he still tidied up the documents and sent it to Feng Yu.
Feng Yu looked at the documents in his hands. Amazon was registered in Washington State last year. But in July this year, it changed its name to an internet company that specializes in book sales.
This company is not big, and it had not made any profits since it was set up last year!
Feng Yu was overjoyed. With no profits, it will not be difficult for him to inject funds into Amazon or acquire the shares of the other shareholders.
Amazon's business model is not difficult. What's difficult is getting through this period. If Feng Yu is not careful, he might fail during the internet bubble. In Feng Yu's previous life, many internet companies had gone bankrupt after the year 2000. Even the once giant Yahoo!'s assets had shrunk by 90%.
"Ralph, give this Mr. Jeff a call and arrange a time. I want to visit him." Feng Yu said excitedly.
Ralph immediately went to make the arrangements, but he was still confused. He had investigated Jeff Bezos. He used to be a shareholder of a fund management company. Could it be that Feng Yu wants to recruit this person?
But Feng Yu was interested in this online bookstore first. Could it be that he wants to invest in this company? Who will buy books online? Why can't they just buy books from the bookstore? How come Ralph could not see any profits from this company?
… …
Jeff Bezos was arguing with an investor. The investor felt that Jeff's business plan was too conservative and will not make any profits. He should make use of the current hot concept of the Internet, find a way to get listed, and then sell the company to make money when the stock price soars.
Jeff immediately objected. He had set up this company, and how can he sell it off? Furthermore, he wants to manage the company well. What's wrong with a conservative plan?
The share prices of those companies that were speculating on the internet had skyrocketed temporarily. But that was fake, and the company will collapse sooner or later. Jeff's conservative plan could lower the company's risks to the minimum. This was the best long-term strategy.
These black-hearted investors only know how to make money. They don't know what dreams are! Even if it's for the sake of making money, you shouldn't just look at the immediate benefits. Don't you know how to look at the future?
How could I have been so blind to find these people to invest in me? You don't know anything about the internet, don't know how to run a business, and you're telling me what to do? Even in terms of investment, are you better than me? I'm also from a financial background!
"Mr. Jeff, you are on the phone. The caller claims to be the secretary of one of Microsoft's directors." Jeff's secretary ran over and shouted.
What? Microsoft Director's secretary is calling me? Jeff was overjoyed. If he could convince Microsoft's directors to invest in him, then he will kick out all those greedy investors!
Jeff picked up the phone at once. "Hello, I'm Jeff Bezos. May I know who you are?"
"I am Microsoft Director Feng's secretary, Ralph. My boss wants to meet you."
"Okay, I can visit Mr Feng whenever he has time." Jeff said quickly.
"No, my boss wants to visit you or visit your company on the way. Do you understand what I mean?"
Jeff was overjoyed. He knew what Feng Yu meant. That Microsoft Director Feng is interested in his company!
"Mr. Feng, you are welcome to visit me anytime. I am free anytime."
"Can I meet you tomorrow morning?" Ralph asked.
"No problem. I will be waiting for Mr Feng at the company tomorrow."
Jeff hangs up and turns to the shareholder who argued with him earlier. "Didn't you want to sell your shares? Fine. I will buy your shares! "
With the investment from Microsoft's director, Amazon's development will be smooth sailing. Jeff can sell his house and other companies' shares now and invest all his money into Amazon. He firmly believes that Amazon will do well in the future!
This minor shareholder was stunned. Did Jeff really receive a call from Microsoft's director? Could it be that Microsoft is going to invest in Amazon? If not, where did Jeff get the confidence to buy his shares from? But with the investment from Microsoft's director, why should I sell my shares?
… …
"Boss, I have contacted him. Jeff will be waiting for you at Amazon tomorrow morning."
"Ok. Let's go in the morning. You have read the company's information. Do you think there is a need to invest in this company? "Feng Yu asked.
"Boss, I don't think there is a need to invest in this company. It is only an online bookstore. Bookstores can be found in every city, and there are more than one bookstore. You can also read a few pages first and buy it when you are interested. You can only see the cover of this online bookstore. I don't think there is any potential. Also, you will need to stock up on books. The cost will be high. Who is willing to buy a book and wait for a week to read it? "
"Of course. If you can make good financial statements after you invest, you can still make money from the internet market after two years when the company is listed on Nasdaq. But the return period is longer. You might as well buy the shares of a listed tech company now. Huh? Maybe my view is too one-sided. "
Feng Yu nodded. "No. What you said is correct. These shortcomings indeed existed objectively. This company will not be able to make profits in the short term. But do you see the advantages of this company? "
"Advantages? Other than being an internet company, it might be because this is an online bookstore, and it can display a wider range of books than a physical bookstore. But it will be difficult to find the books unless they can develop a good search engine. "Ralph thought for a while and said.
"Correct. If they can develop a good search engine, then they can help their customers find the books they are looking for in the shortest time. Whether it is the author's name, country, publishing house, or the name of the book, they will be able to find the books they are looking for. Even the publication date can be one of the search criteria. This online bookstore's greatest advantage is it can provide readers with more choices than any other bookstore. This company might not have any potential in the short term, but once it grows, it will have a bright future. "Feng Yu laughed.
"So, boss, are you going to invest in this company?"
"Of course. If possible, I also want to be the major shareholder." It will be great if Feng Yu can have the controlling stake in Amazon. Feng Yu is not sure if he can achieve this goal, but he will have to wait for the meeting tomorrow … …
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