"Oh, how is the eBay website you invested in?" Feng Yu asked.
Feng Yu was frustrated. He had asked Kirilenko to look into tech companies, but Kirilenko asked him to invest in eBay.
Feng Yu had forgotten about this company. When he remembered, this company no longer wants venture capital, and Kirilenko had bought over some of the smaller shareholders' shares. Now, Kirilenko is eBay's second biggest shareholder, second only to the founder. The rest of the shareholders are the company's directors and top management.
Luckily, Feng Yu did not think Amazon will be any worse than eBay. eBay is like an electronic marketplace, and its model is different from Amazon.
In Feng Yu's previous life, eBay was so arrogant, but it still failed in Hua Xia. It is no match for Ali. Kirilenko can imitate eBay's model, but it is only the largest in North America.
"eBay? Not bad. But they had just changed their CEO, and it's a woman! I don't know what that Pierre is thinking. What can a woman do? "Kirilenko grumbled.
Feng Yu thought to himself. If it wasn't for this woman, eBay might not be able to develop so well. In Feng Yu's previous life, Kirilenko was the Queen of Workers. She was one of the top executives of many Fortune 500 companies, and after she left eBay, she became HP's CEO.
Some people even said that without her, there would be no eBay. Maybe eBay would have been acquired by other companies, or even worse, eBay might have gone bankrupt due to poor management.
"If I were you, I would trust her. She is very capable. Isn't this a good idea? You can be a hands-off boss. Let me give you a suggestion. Don't sell your eBay shares. Wait for eight to ten years, and your returns will be more than ten times. "Feng Yu reminded Kirilenko.
He was afraid that Kirilenko would be hot-headed or listen to others and sell his shares. That would be a huge loss.
"I know. I don't want to sell my shares. Didn't you tell me that all the tech companies that got listed before 2000 should be sold before 2000? Should I hold on to those that got listed after 2000? I don't lack money, and I will keep them. "Kirilenko replied casually.
Uh ~ ~ ~ It seems like I was worried for nothing!
"How's your Amazon? Didn't you ask me to set up a website like Amazon? I took a look, and it seems that Amazon is not making money." Kirilenko was a little confused. The number of views on that website was not high, and the number of orders was even lower. It was just a website that sold books.
"What's wrong? The supermarket location is settled?" Feng Yu was overjoyed. Kirilenko was very fast.
"Not yet, but we can start building the website first. We just need to choose an office location and find a group of technicians."
"Amazon lacks funds, and they want to get listed to raise funds. But I rejected them. Luckily, I won in the end, and Amazon is developing slowly according to my plan. Not long ago, we just acquired the Internet Movie Database Company. We are still in talks with a few other companies, planning to acquire those companies as well. They are in the database business, social media business, and search engine business. "
Feng Yu's idea was to invest in Amazon and not to get it listed for the time being. But he does not want Amazon's core staff to leave. In the end, Feng Yu persuaded the rest of the shareholders to split the shares into two types. The new investors will get non-voting shares, and this is similar to a public offering. But Amazon had avoided the market, and the shareholders do not know how much their shares are worth.
This was similar to Amazon's development in Feng Yu's previous life, and Feng Yu did not give them any advice. Currently, online shopping was still in its infancy. Kirilenko's understanding of the online shopping model in Feng Yu's previous life was not good enough because there were not enough customers.
To put it bluntly, computers and the internet weren't that popular yet. How could an online shopping mall be that popular?
"You are not going to get listed? Why are you losing money now? "Kirilenko was confused. He does not see any hope of making money.
"After 2000, Amazon will start making money, and the profits will increase. I am asking you to learn this business model is to let you build up your customer base first. Once you have a broad customer base, you will be able to make money. This is the same as physical retail. "Feng Yu explained.
"Really? I see. Then our online shopping will also have to lose money for a few years? "Kirilenko was not satisfied. Losing money for a few years? Isn't the return period too long?
"About two to three years. But I promise you that after five years, you will get more than ten times the returns!" Amazon was expected to lose money for five years, but Kirilenko's website could learn from Amazon's experience. It will not be a problem for them to make profits earlier!
Huh? The returns are so high? Kirilenko was satisfied. That's acceptable.
"I had registered our import supermarket company, and we are choosing the location now. I estimate it will open in the second half of this year."
"Ok. Take note of the product categories and the placement of the shelves. These will attract customers. You must attract every customer." Feng Yu instructed.
"Don't worry. I will do a good job. I will hire professionals to design the layout. I guarantee it will be better than your Tai Hua Supermarket."
Feng Yu laughed and shook his head. Kirilenko was too competitive. But Feng Yu was confident of Kirilenko. After all, Kirilenko had been in the distribution business for a long time, and he should have lots of talented people working for him. Feng Yu even felt that his advice to Kirilenko was unnecessary.
"Ok. I will ask my men to transfer the first installment of funds to your account tomorrow."
"There's no rush. Just transfer it before the end of the month. You said that Soros will attack Russia and Rubles. Why is there no news of him? "Kirilenko asked curiously.
"Because Rubles is his last resort, or he will attack Hong Kong again. After attacking Hong Kong, he will definitely attack Russia. From what I know, he should still be planning in Japan. When he starts his attack, we will follow him secretly. It should not be a problem to make 20% profits. "
Feng Yu had also asked his men to keep an eye on Soros's movements. Soros had attacked Indonesia again and caused Indonesia to suffer heavy losses. This time, the IMF had intervened, and those few Southeast Asian countries were no longer suitable to be involved.
Soros was infamous and had taken all the blame for the financial crisis in Southeast Asia. Feng Yu and his men had made lots of profits and were not scolded. This made Feng Yu satisfied.
But this time, Feng Yu must be involved in Japan's financial crisis. If he is involved, Japan will be affected more and will slow down Japan's economic recovery. This was what Feng Yu wanted to see.
Of course, Kirilenko could also make some profits. Even if the profits were only 20%, it was still a considerable amount of profits based on Kirilenko's investments.
As Kirilenko and Kirilenko were chatting, Feng Yu's satellite phone rang.
"Hello? What? Ok. Get ready. We are entering the market! "
Kirilenko looked at Feng Yu curiously. "What's wrong?"
Feng Yu turned to Kirilenko and replied. "Yen had started to fall!"
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