Super Tycoon

"Hey, are you alone, mind if I sit next to you?" Zhang Yang pulled away the chair next to Bezos.

Bezos froze for a moment, and immediately replied: "Of course not. Hello, I'm Jeff Bezos, a book seller."

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

Zhang Yang picked up a piece of cake casually. There are only some fruits and pastries at this f*cking reception, why can't there be something else to eat?

"Are you from Huaxia? I know that place, a very ancient and mysterious place. I remember that in your country, there is a company called Zhiduoxing, which is the leader of the global game industry." Bezos stared at the place after finishing speaking. Zhang Yang.

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

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

"As far as I know, you are not just a book seller." Zhang Yang pointedly.

"As you know, I have a website, but it mainly sells books. Of course, I also plan to sell some other things now, but I lack some funds."

Amazon started their business from selling books online. They started their business in a garage with a capital of only $300,000. However, many technology companies in the United States started out in garages.

The company went public a few years ago. At that time, the company was still at a loss. Relying on the funds obtained from the stock offering, it frantically exchanged huge losses for turnover.

This is a common model for many Internet companies in the future, and it is 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 "Internet" can also be removed. It's just that Amazon still doesn't make money, because all operating profits are used for further expansion.

In fact, the rise of Amazon has a certain chance, and it is also thanks to some good venture capital he met. These venture capitals are some big companies, including many world-renowned investment institutions and funds.

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

But since last year, Amazon's original shareholders have begun to undergo some changes, because Amazon has never paid a penny in dividends for so many years.

As the 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 still some shareholders who have no other positions in the company except directors, and their compensation is mainly in stocks, with very little cash. They are very dissatisfied with this.

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

Obviously, some people are speculating in Internet concept stocks, just like speculating in 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 billions of dollars. Many people are very satisfied with the stock dividend, and the rise in stock price is also reasonable.

Some shareholders said that the company's revenue last year was several hundred million. If they hadn't blindly invested in some other products, they could have paid dividends to shareholders, but Bezos refused.

Although Bezos's shareholding ratio has been reduced a lot due to 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 very popular in physical stores, and the profits are high. So since Amazon can sell books, it can also sell products such as CDs and tapes.

So last year, Amazon expanded its business. Children's books, music products, video tapes and movie discs, peripheral gifts, medicines, pet supplies, household daily necessities, etc. have been added.

These not only consumed all of Amazon's revenue, but also increased its liabilities. In order to expand these businesses, Amazon acquired several companies,

The payment was in the form of cash + stock, and some additional stock was issued for this purpose.

This has aroused the dissatisfaction of some shareholders, not to mention their equity being further diluted, and they are also burdened with more debts.

In joint-stock companies, shareholders bear debts in proportion. They are all worried that Amazon will suddenly go bankrupt one day. At that time, not only will their previous investment be in vain, but they will also go bankrupt.

So several shareholders sold their shares and withdrew, which also dealt a big blow to Amazon. Old shareholders don’t believe in Amazon’s future, so how can other investors believe it?

Originally, Bezos was not qualified to come to this reception. The company's stock price is high, but the debt is even higher, and his personal assets are not ranked at all.

However, he still got an invitation letter from an investment institution, and he also hoped to attract more investment or expand some business.

He is very optimistic about the company's future, but he is also worried about problems in the company's operations. The company's executive changes, coupled with the increase in business, may continue to lose money this year.

Just now I had a talk with executives of several investment institutions, and they all said that they should consider it, which made him very disappointed. There are those who are willing to invest, but the way of investment is unacceptable to him.

Those people hope that Amazon will issue some shares to them privately at half the market price, which is clearly a bargain.

But if he refused, he couldn't 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 had a new idea, maybe he could get an investment and increase some business for the company.

Now that music products and video tapes can be sold online, game consoles and game CDs can of course also be sold. The person in front of him is the president of the world's largest game company, and he must catch him.

"Mr. Zhang, your company's products have been very popular recently. I heard that your company is going to be listed in New York?"

These are not secrets, and Goldman Sachs and others are also making inquiries in the market, and many people know it.

"Yes, I plan to go public for financing, and then invest in some interesting industries." Zhang Yang said with a smile.

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

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

Zhang Yang was overjoyed that the other party proposed it on his own initiative.

He made a hesitant expression: "Is it okay to sell game consoles and game discs online?"