Chapter 774 Great Change in Attitude
"...So Mr. Feng intends to invest in Amazon. That's how it is. What's your opinion?" Jeff looked at the other directors. [w. Sui Mеng. lā
Although the shareholders' meeting is the core of the company's power, the shares of the board of directors have exceeded three-quarters of the total share capital. Their consent means that the shareholders' meeting has agreed.
"Jeff, you haven't said how much Mr. Feng will invest and how many shares he will get in exchange. Also, is he a venture capitalist or an ordinary investor?"
Venture capital is completely different from ordinary investment. Venture capital generally does not participate in the company's operation and management, and even the shares exchanged are non-voting shares. General venture capital is waiting for the company to cash out and make money after it goes public. Of course, various dividends are also given priority.
Ordinary investment means long-term holding, even planning to participate in the company's operation and management, and having the right to do so. Other rights and responsibilities are no different from ordinary shareholders, and there is no dividend priority.
"Mr. Feng means that it doesn't matter how much you invest. He is not a venture capital investor. He must have a certain say in the company." Jeff explained.
"It doesn't matter how much you invest? I don't understand what this means. Could it be that he wants to invest 100 million yuan and dilute our equity by more than 90%, do you agree?" A director retorted loudly.
"That's why I convened the board of directors to discuss with everyone. The allowed investment ratio of Mr. Feng must be determined quickly. Then we can get the funds as quickly as possible to make the company's construction faster." Jeff Glancing at the shareholder, you're obviously just playing tricks.
Jeff asked this sentence, but did not get any answer. All the directors were silent, and no one was willing to speak first.
"Robert, didn't you say you wanted to sell the shares last time? Now that you hear that someone is planning to inject capital, you don't plan to sell it?" Jeff named a director.
"I invest to make money, not for your dreams. I didn't see the hope of making money at the beginning, but now I see it, so of course I won't sell this part of the shares." Robert said slowly.
Only you will insist on some shit dream, I invest to make money. Now although you do not agree to go public for financing, if someone injects capital, then the company's development will be much better, and the profit period can also be advanced.
If I make a profit and go public again, then the stock price will definitely rise even more, and I can make a lot of money by selling it at that time. Now you want to buy it, okay, but you have to pay a premium so I can see the profit, right? do you have that much money
"So Robert, you always have to say, what percentage of capital injection can you accept from the other party? You are the director of the company,
These things deserve an opinion. If you don't have any ideas, then I think the company may have one less director. "
Jeff is targeting Robert specifically. Once the proportion that Robert said is opposed by all other directors, then he can take the opportunity to kick Robert out of the board! If Robert doesn't say it, then he can also say that Robert's job is not good, and kick him out of the board of directors under the pretext.
Robert glared at Jeff, but he had no choice but to say: "The development of the company requires at least tens of millions of dollars. I don't think it is appropriate for one person to invest. Then he will control more than 50% of the company's shares. We He has no right to speak. So I think his investment amount should be more than 10 million, because the company needs at least this amount of money, but it can’t exceed 30 million, so we can still decide the future of the company.”
Robert's answer is very conservative, and it cannot be said to be watertight, but there is no major problem. It's just that he revealed a piece of news, he still hopes that the company will go public for financing in the future.
Others naturally agree that only by going public can they make money, and only then can they cash out their investments and make money as quickly as possible. They also agree with the ratio Robert said, and of course they don't want an outsider to become a major shareholder and kick them all away.
Jeff frowned. He regretted it a little. He should have visited Mr. Feng at that time. Mr. Feng is a shareholder of Microsoft. If he wants to invest in Amazon, these small shareholders are not planning to withdraw. A few days ago, they all clamored to withdraw their capital!
In fact, Jeff didn't want Mr. Feng to become the major shareholder. This is the company he founded. If the company changed its name in order to attract investment, it would be as good as it is now.
"What suggestions do other people have? How much is the specific amount? Everyone needs to discuss a result. The sooner a decision is made, the sooner the investment can be obtained, and the company can develop faster. Our website construction, logistics Construction, user training, purchase channels, etc. all need money.” Jeff said.
"Jeff, although our registered capital is 30 million U.S. dollars, after such a long period of development, the value of the company should have increased, right? I think we can let him invest 25 million U.S. dollars, and then give him 3% Fifteen shares." A director said.
Jeff looked at the director and sneered, "If it were you, would you agree?" Of course he also wanted to increase the value of the company, but the company has been losing money.
"If you don't give it a try, how do you know he won't agree? I heard that you had a very pleasant talk, maybe he is willing to accept your suggestion? Don't forget, in this way, the shares in everyone's hands will increase in value, and you It's also earned."
Robert immediately said, "I agree."
"I agree."
All the directors spoke, they all agreed, and then looked at Jeff together. If they all agree, they will definitely gain the upper hand at the shareholder meeting, even if Jeff disagrees.
"Since you all agree, let's talk about Mr. Feng's capital injection this time. I think you are more confident than me." Jeff said angrily.
The company has no profit at all and has been losing money, but you say that the value of the company should increase. Of course I would like to, but others are not fools. If the value of the company has really increased, why did you plan to sell the shares at the original price?
You are all so capable, so go talk about it!
"Jeff, you are the chairman of the board and the legal representative of the company. You should talk about it. But we are considering the interests of the company's shareholders. Is it okay to ask you so? You didn't even talk about it. How do you know it won't work? ?” Robert said eccentrically with a cigar in his hand.
"Yes, Robert is right. Jeff, when we invested in your company, you also promised us that you would put everyone's interests first. Now we ask you to do so, and you should implement it." Another director said.
The others also meant the same thing, making Jeff suffocate in his chest, but he couldn't let it out!
"Okay, I'll go talk, but if the negotiation fails and the company won't get investment, let's all lose money together!" Jeff stood up angrily and walked out of the meeting room.
...
"Mr. Ralph, I'm Jeff Bezos. I want to visit Mr. Feng. I need to talk to Mr. Feng about something."
Ralph covered the phone and told Feng Yu that it was Jeff's call. Feng Yu reached out and took the phone: "Jeff, do you have any good news for me?"
"Mr. Feng, I think we'd better have a face-to-face meeting. Things are not going very well."
Feng Yu frowned slightly: "Well, then you can come to my house in the evening, and I will treat you to Chinese food at the address..." (To be continued.)
PS: For the first update, thanks to leozhuangqin, Andreessen's game, Xiaohan is a little second-hander, Q version of Holy Infant, Gu〃du and other book friends' monthly tickets, thank you, there will be more later