Super Tycoon

"Hey, alone, would you mind if I sit by?" Zhang Yang opened the chair beside Bezos.

Bezos froze for a moment and immediately replied: "Of course not. Hello, this is Jeff Bezos, a book seller."

"In China, this is called a cultural businessman. My name is Zhang Yang, and Zhang is my surname. I am a game maker."

Zhang Yang forks a piece of cake with his hand. At this special party, there are only some fruits and pastries, so you can't eat anything else?

"Are you a Chinese? I know that place, an old and mysterious place. I remember in your country, there is a company called Zhiduoxing, which is the leader of the global gaming industry." Bezos said, staring Zhang Yang.

Zhang Yang put down his fork: "I am the president of Zhiduoxing."

"You are the president of Zhiduoxing? Wow, you are not just a gamer, too humble."

"As far as I know, you are not just selling books." Zhang Yang meant something.

"As you know, I have a website, but the main thing is to sell books. Of course, now I also plan to sell something else, but I lack some funds."

They started Amazon selling books online. The place where they started their business was a garage with a principal of only $300,000. However, many technology companies in the United States started as a garage.

The company went public a few years ago. At that time, the company was still in a loss. With the funds exchanged through the stock offering, it madly exchanged huge losses for turnover.

This is a common model for many Internet companies in the future, and it is also equivalent to using money to develop networks, develop markets, and develop customers.

By this year, Amazon has become the largest online bookstore, and perhaps the word online can also be removed. It's just that Amazon still doesn't make money, because all the operating profits are used to expand again.

In fact, the rise of Amazon has a certain chance, but also thanks to some good venture capital. These venture capitals are some large enterprises, including many world-renowned investment institutions and funds.

It is also with their help that Amazon can develop so quickly and survive the previous loss period.

But since last year, some of Amazon’s original shareholders have changed, because for so many years, Amazon has never paid a cent.

As a chairman and CEO, Bezos has a very high salary. In addition to stocks, he also has some cash, so his life is very good.

However, there are some shareholders who have no other positions in the company except for directors. The compensation they receive is mainly stocks and very little cash. They are very dissatisfied with this.

And some investment institutions said last year that the Internet is falling into a serious bubble, because many Internet companies have been unprofitable, have financial deficits for many years, and many are still expanding, but their stock prices are still high.

Obviously, some people are speculating on Internet concept stocks, just as they were speculating on real estate stocks many years ago. Once the policy changes, these companies may go bankrupt at any time.

After all, Amazon is completely incomparable with Microsoft. Microsoft’s net profit last year was several billions of dollars. The stock dividend paid many people very satisfied, and the stock price increase is also reasonable.

Some shareholders said that last year the company's revenue was hundreds of millions. If they were not blindly investing in other products, they could pay dividends to shareholders, but they were rejected by Bezos.

Although Bezos has reduced its shareholding ratio a lot because of listing and financing, he still has the most voting rights and is still the company's decision maker.

He found that music products, like books, are sold in physical stores and are very profitable. So since Amazon can sell books, it can also sell CDs, tapes and other products.

So last year, Amazon expanded its business. Added children's books, music products, video tapes and movie discs, surrounding gifts, medicines, pet supplies, household commodities and more.

These not only spent all of Amazon's revenue, but also increased debt. In order to expand these businesses, Amazon acquired several companies and paid in the form of cash + stock, for which additional stocks were issued.

This caused even more dissatisfaction among some shareholders, their shareholdings were further diluted, let alone bear more debt.

In a joint-stock company, shareholders bear debts in proportion. They are all worried that Amazon will suddenly go bankrupt one day. By then, their previous investment will not only hit the water, but they will also go bankrupt.

Therefore, several shareholders sold their shares and withdrew, which also caused a big blow to Amazon. Old shareholders do not believe in the future of Amazon. How can other investors believe it?

At this reception, Bezos was not qualified to come, the company's stock price was high, but the debt was higher, and his personal assets could not be ranked at all.

However, he still received an invitation letter from an investment institution. He also hoped that he could pull some more investment or expand some business.

He is very optimistic about the company's future, but also worried about the company's business problems. Changes in the company's executives, coupled with increased business ~ www.readwn.com ~ will continue to lose money this year.

I just talked to the executives of several investment institutions, and those people said that they should consider it, which made him very lost. There are also those who are willing to invest, but he cannot accept the investment.

Those people hope that Amazon will issue additional stocks to them at a price that is half of the market price.

However, if he did not agree, he could not find a suitable underwriter. Once the market inquiry failed, Amazon's stock price would also fall, and the company might be chased by the bank.

Now, he suddenly has a new idea, maybe he can get an investment and can add some business for the company.

Since music products and video tapes can be sold online, game consoles and game discs are certainly acceptable. In front of him, this is the president of the world's largest gaming company, he must seize it.

"Mr. Zhang, your company’s products have been so beautiful recently. I heard that your company will also be listed in New York?"

These are not secrets, and Goldman Sachs and others are also inquiring about prices in the market, as many people know.

"Yes, planning to go public for financing, and then invest in some interesting industries." Zhang Yang smiled narrowly.

"Mr. Zhang, since you have heard of our Amazon, you know that we have nearly 10 million users. And we have also opened up business in Europe and plan to open up the Asian market in the future."

"Our product coverage is very wide. Are you interested in letting your company's products be sold on our website? I can guarantee that the cost of sales you pay will definitely be lower than those of physical retailers."

The other party offered to take the initiative, which made Zhang Yangxi look beyond expectations.

He made a hesitant expression: "Can I sell game consoles and game discs online?"