Chapter 860 Internet Economy

The DVD chipset was licensed to Treasure Island for production, and although the board of directors of Motorola had opinions, they did not dare to mention it anymore. William White's opinion must be respected, and this has become a tacit understanding.

When you run into an arrogant partner, a group of old guys either have a headache or an egg ache. If you bring the seed, you can mention him out.

Look at the current legendary mobile phone, which is almost on an equal footing with Motorola. The most embarrassing thing is that due to the lack of production capacity, they also plan to set up a factory in the rabbit country.

I knew that it was the current situation, and what I opposed him to do in the first place, except to prove that I was short-sighted, I am afraid that there is nothing else.

I used to sit on the board occasionally. It's better now, it's either Filson or Tom the fat cat. William White hasn't been in Chicago for a long time.

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

Tom was very strange, looking at this slightly cramped company, he was a little puzzled, and the boss asked him to come in person for Mao.

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

"Call me Tom, and the fat cat. ”

"Well, I'll call you Tom. ”

"Jeff, your fund company is not doing well, what is the reason for you to devote yourself to the Internet? ”

Tom's words were very direct, and there was no detour at all. It's not polite, but it's sincere. Yes, when it comes to cooperation between the United States and the United States, the more polite it is, the more useless it is.

"You know, the number of Internet users, it's growing by 2,000% a year, and that's horrible. As for Wall Street, it's not fun to work for those guys. It's too difficult to run a fund company on your own. ”

"Well, tell me about your idea for this company. We all know that Barnes & Noble is a big bookstore, and most of our boss's books are sold by them. ”

"The Internet model naturally has a lot of convenience. Since we don't have stores and store staff, we are looking for a low gross margin. ”

"Wait, I believe that the gross profit margin is low, but the transportation cost is also not low, do you plan to go by post?"

Click, Jeff Bezos' heart is broken, this is the most headache for him. Postal parcels, the speed is very slow. As for FedEx, you don't have to think about it.

Admittedly, these books are not afraid of falling, as long as you don't throw them away like a basketball, the customer will definitely get a relatively complete book.

"Indeed, 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 a period of time and then round A.

I've put in 300,000, plus some loans, it's almost 500,000. Angel wheel I don't need. ”

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

"Now, of course, can you tell me your true purpose?"

Tom the fat cat shrugged, a little disapproving. He took a DVD out of his bag and handed it to Jeff Bezos.

"How's that? Any thoughts?"

"Damn, I didn't think of that. If it's just a book, it's a bit monotonous. In the case of books and audio-visuals. ”

"Vinyl records may not work, CDs and DVDs are not a big problem, you know, they never load and unload well. To protect these items, we've also designed some nice packaging. ”

"Why?"

"Hehe, not all business has to be done by yourself. We took some interesting projects to the owner and ......"

"I need to think about it. ”

"Of course, though, it's better to go faster, you say, with a growth rate of 2000% per year. Actually, you are wrong with this number. The actual number is higher than that. ”

Jeff Bezos doesn't doubt Tom's claims. There are so many venture capital companies on the Internet, and none of them can be compared to the Wright Fund.

After Tom the fat cat left, Jeff Bezos was in a quandary. With his beautiful knives, it is a bit stretched to build a bookstore, and if you add audio-visual products, the money is obviously not enough to burn.

Slowly?

It doesn't exist, look at the current ICQ, it's simply burning money. As long as you are an Internet user, almost everyone uses it.

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

The concept of instant messaging is also favored by many people. It's a pity that a behemoth is scary enough, and if it's still free, then there's no need to say anything.

Computer rooms and servers are a huge expense. Investing tens of millions may be tried, and when this number is calculated in billions, those who come after are desperate.

Besides, there are so many things that can be done, so why bother looking for such a powerful opponent. If you really need to use hundreds of millions, when the IPO comes, the founder's shares will not exceed 5%.

Isn't that Yahoo like that now, although it is very enjoyable to burn money, the stocks in your hands will continue to decrease.

Jeff Bezos is from Wall Street, don't look very young, but he is a complete old bird. He was vaguely aware that William White's purpose was to sell his DVDs.

Of course, it doesn't matter either. The sales of audio and video products and CDs in the United States are very average, and they mainly sell tapes. As for the movies, most of them are rentals.

But why does that Tom mention this repeatedly?

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

"Don't worry, Tom, he'll agree. Tom, who has been on Wall Street, if he didn't know how to judge the situation, I'm afraid he would have been crushed into scum long ago.

Before this guy started his own fund company, he was an executive in an investment bank. You 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'll agree, and he'll figure it out soon. ”

William White was not wrong, and Jeff Bezos quickly figured it out. Internet companies are like that. When you're not growing, it's really a piece of cake for those giant crocodiles.

There are so many venture capital companies, and seriously speaking, the reputation of White Capital is not bad.

Of course, some obstacles must be put up. Take, for example, asymmetric voting rights. Just because you didn't interfere with other people's business in the past 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.

Taking advantage of it?

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

Carrying a pig's head and not finding the temple gate, this is the current rice country. There is too much money, but there are only a few projects suitable for investment.

Seeing the planning of a few pieces of waste paper and investing in it, this is a very heart-testing kind of work. Don't think that there are no liars in the United States, there are all those who pretend to be White Economic Bureau.

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

This Amazon, William White originally planned to do it himself. However, this is too tired for his meowing.

Hiding behind the great god and secretly getting rich, this is the winner in life. He is not greedy either, and before the IPO, it is OK to take 30% of the shares. It's really hard to say what the future holds. Today's ICQ rushes so violently that little penguins may not appear.

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