Chapter 861 Internet Economy

The chipset for DVD was licensed to Baodao for production. Although Motorola's board of directors had opinions, they never dared to mention them again. It has become a tacit understanding that William White's opinions must be respected.

Meeting an extremely arrogant partner, a group of old guys will either have a headache or a pain in the ass. For those with seeds, you can kick him out.

Looking at the current legendary mobile phones, they are almost on the same level as Motorola. The most embarrassing thing is that due to insufficient production capacity, they also plan to set up a factory in Rabbit Country.

If I had known it was the current situation, if I objected to what he did at the beginning, I am afraid there is nothing else other than to prove that I am short-sighted.

In the past, I occasionally participated in the board of directors. It's better now, either Filson or Fat Tom the Cat. William White hadn't been in Chicago for a long time.

Since you are short-sighted, then simply shut up. If there is another problem with semiconductors, those shareholders will definitely vote with their feet.

Tom was very strange. Looking at this slightly cramped company, he couldn't understand why the boss wanted him to come in person.

"Mr. Hannas, hello, I'm Jeff Bezos, you can call me Jeff."

"Call me Tom, or Fat Cat."

"Well, I'll call you Tom."

"Jeff, your fund company is not doing well. What made you join the Internet?"

Tom's words are very direct, and there is no meaning of roundaboutness at all. Although it is not polite, it seems sincere. Yes, the more polite you are, the more useless it is to talk about cooperation between Laos and the United States.

"You know, Internet users, growing 2,000% a year, that's terrible. As for Wall Street, it's no fun working for those guys. It's too difficult to run a fund company by yourself."

"Well, tell me about the idea of ​​your company. We all know that Barnes & Noble is the only one, and most of our boss's books are sold by them."

"The Internet model naturally has many conveniences. Since there are no stores and shop assistants, our pursuit of gross profit margins is very low."

"Wait, I believe that the gross profit margin is low, but the transportation cost is also not low. Could it be that you plan to use the postal service?"

Click, Jeff Bezos' heart is broken, this is the most troublesome place for him. For postal parcels, the speed is very slow. As for FedEx, that's a no-brainer.

It is true that these books are not afraid of falling, as long as you don't throw them like basketballs, customers will definitely get relatively complete books.

"It's true, Tom, that's exactly what I'm trying to figure out. That's why I want to raise money. You know, it's more cost-effective to develop for a while before a Series A.

I have invested 300,000, plus some loans, almost 500,000. I don't need angel wheels. "

"Of course, I think, you probably know who I am."

"Of course, now, can you tell me your real purpose?"

Fat Tom shrugged, rather disapprovingly. He took a DVD out of his carry-on bag and handed it to Jeff Bezos.

"How? Any ideas?"

"Damn, why didn't I think of it. If it's just books, it would be a bit monotonous. If it's books and audio-visuals."

"Vinyl probably won't work, CDs and DVDs are less of an issue, you know, they never load and unload properly. We've also designed some nice packaging to protect the merchandise."

"Why?"

"Hehe, not all businesses have to be done by ourselves. We bring some interesting projects to the boss, and then..."

"I need to think about it."

"Of course, but it's better to go faster, you said, a growth rate of 2000% per year. Actually, your number is wrong. The actual data is higher than it."

Jeff Bezos has no doubts about Tom's statement. There are so many venture capital companies on the Internet, none of which can be compared with the White Fund.

After Fat Tom left, Jeff Bezos got into trouble. With his dollars, it would be too much to run a bookstore. If audio-visual products are added, the money is obviously not enough to burn.

Slowly figure it out?

Does not exist, looking at the current ICQ, it is simply burning money. As long as it is an Internet user, almost everyone uses it.

In the early days of the Internet, everyone copied me and copied you, and there was no such thing as morality.

The concept of instant messaging has attracted many people's attention. Unfortunately, a behemoth is scary enough, and if it's still free, then there's nothing to say.

The computer room and servers are a huge expense. Some people may try to invest tens of millions. When this number is calculated in billions, those latecomers are desperate.

Besides, there are so many things that can be done, why bother to find such a powerful opponent. If you really need to use hundreds of millions, when you wait for the IPO, the shares in the hands of the founders will not exceed 5%.

Isn’t that how Yahoo is now? Although burning money is very enjoyable, the stocks in your hands will continue to decrease.

Jeff Bezos came from Wall Street. Although he looks very young, he is a full-fledged old bird. He vaguely sensed that William White's purpose was to sell his DVDs.

Of course, it doesn't matter. The sales of audio-visual products and CDs in the United States are very average, and the main sales are tapes. As for movies, most are rentals.

But why did Tom mention this repeatedly today?

Based on the current sales volume, it is not worth fighting. It seems that the market in this area will also usher in a big change.

"Tom, don't worry, he will agree. Tom, people who have been on Wall Street, if they don't know how to judge the situation, I'm afraid they will have been crushed into scum.

Before this guy started his own fund company, he was an executive of an investment bank. Think about it, executives who are less than thirty years old.

Besides, if it really doesn't work, can't I do it myself? "

"Ahem, well, I think, he will agree, and he will soon figure out the truth."

William White was actually right, and Jeff Bezos figured it out quickly. Internet companies are like this. When you haven't grown up, it's really a piece of cake for those giant crocodiles.

There are so many venture capital companies, seriously, White Capital has a good reputation.

Of course, setting up some obstacles is also necessary. For example, asymmetric voting rights. Just because you didn't interfere with other people's business before doesn't mean you won't interfere in the future. In order to avoid unnecessary trouble, it is better to frame it with a contract.

Take advantage of it?

Not to mention, as long as Amazon signs a contract with White Capital, the valuation of his company will soar, and the company's popularity will also soar.

You can't find the gate of the temple with a pig's head. This is the country of America right now. There is too much money, but the projects suitable for investment are very limited.

It is a very heart-testing job to invest after seeing a few pieces of waste paper planning. Don't think that there are no liars in the United States, and there are people who pretend to be White Foundation.

There are too many fools now, and obviously not enough liars. A simple scam can cost hundreds of thousands of dollars.

This Amazon, William White originally planned to do it himself. But, he was so tired.

Hiding behind the master's back and making a fortune secretly, this is the winner in life. He is not greedy either. Before the IPO, it is OK to get 30% of the shares. Things in the future are really hard to say. Today's ICQ is so fierce, even the little penguins may not appear.

If Papa Ma also changes careers, Amazon will be the same.