Perfect Time and Space also took advantage of the time when Galaxy Capital became famous and began the final sprint before listing. Galaxy Capital will sell some of its shares at the time of IPO and hold about 20% of Perfect Space shares after listing, and it is also the second largest shareholder after the founder.

Disney also wants to buy YouTube for $3.5 billion after the two giants of YouTube and Hollywood reached a deal. Before Zhou Shi could object, he was approached by another person, and this person was Jeff Bezos from Amazon.

"How do you come up with the idea of buying YouTube, there are so many differences between us and Amazon, we're more of a media company, but Amazon is a retail company. What's more, everyone is short of money. "Zhou Shi is serious nonsense.

"Our strategy is based on the needs of our customers, not on our competitors. Our philosophy is to be the most customer-centric company in the world, and we need a company with a charismatic personality like YouTube. "Bezos

"Customer-centric, customer first, work second. This is a core value that both Bezos and Maali constantly emphasize and have always embraced. Maybe some people don't understand, but values are indeed the internal driving force that guides the company forward, and it is the criterion for all the company's actions. Businesses that really do this don't get lost between money and the future.

Zhou Shi suddenly didn't know what to ask him, and in his previous life, Amazon became the most successful company in the world, and Bezos became the richest person in the world. His vision and ability to raise funds at a high level have always been admired. It seems that Bezos has always been on the right path, so what is there to doubt about him!

"But the development of our company may be very different from your expectations!" Although Zhou Shi is very satisfied with Amazon, he still has to have his own reserve.

"What do you envision for the future of tubing?" Bezos

"First of all, not listening to the customer means failure, but just listening to the customer is not going to succeed. We don't know what the retail industry is like, but YouTube needs constant innovation. But we can't predict innovation and the future, and action is our best preparation. But with such a choice, we may continue to face failure. For example, our next direction is cloud computing, and my goal is ......" Zhou Shi elaborated on his vision for the future, video websites have a huge demand for storage, but the computing power in it is not fully applied. Cloud computing is more conducive to the optimal allocation of resources and makes better use of the company's idle resources. There are also many social significance, such as reducing the cost of starting a business, and so on.

"But cloud computing is also the direction of our future. "Bezos

After Bezos finished saying this, Zhou Shi began to discuss cloud computing, e-commerce, B2C, C2C, and slowly expanded to all aspects of the Internet, such as the future of the mobile Internet! Zhou Shi, who has experienced the whole process of the rise of the mobile Internet to rapid growth, has several years of entrepreneurial experience, and now has his own thoughts.

The more Bezos talked, the more he felt that Zhou Shi's ideas were surprisingly harmonious with himself, and Zhou Shi had his own unique views on the operation and management of enterprises, which was often breathtaking. This chat lasted only a few hours, and in the next few days, they also went to each other's companies to inspect each other and witness different corporate cultures.

Everyone seemed to know Zhou Shi's choice, but they were still a little skeptical about his decision.

"This is the Bezos who doesn't think about profit?"

"This is the money-burning king?"

"Our two companies burn money together, see who has less faster, and then die together?"

Out of concern for the future, everyone expressed their opinions to Zhou Shi through various channels, hoping that he would not make such a hasty decision.

At this time, Microsoft, Google, and Disney also came to the door and raised their prices one after another.

Zhou Shi is not the same as last time, delaying for a long time and causing a lot of trouble. In order to unify the company's thinking, it has been explained several times in a row Amazon's money-burning logic, and there are reasons for choosing Amazon: Microsoft and Google are already giants in the Internet industry, and they bought YouTube just to supplement themselves, or to fight enemies, or to expand their own business lines, and we will not have much autonomy. If YouTube becomes a great company with a market value of more than 10 billion, 100 billion, we will get a big difference from it. Amazon's current market value is between 150~16 billion US dollars, and the merger of our two companies can better enjoy the gains brought by growth, and the losses of failure are relatively limited.

Although these reasons may not be sufficient to convince them, Zhou Shi's continuous success still makes them more confident. It is better to be a chicken head than a phoenix tail, and this idea is more or less marketable.

Bezos also directly proposed Amazon's acquisition plan after everyone's offer exceeded $5 billion, unconditionally distributing it with YouTube in a ratio of 3 to 1, and providing no more than 10% cash. In other words, after Amazon acquired YouTube, YouTube took a quarter of the shares of the new company.

In order to achieve a reunification of the oil pipeline as soon as possible, Zhou Shi did not choose a penny of cash, but chose all the shares, showing his attitude at one time. Amazon, on its part, is relatively simple, and Bezos has very strong control over the board. And it was premeditated, but at that time, many people were skeptical about the development of YouTube and did not take action in the crisis of YouTube. This time, YouTube reached an agreement with Warner and Fox, and Amazon's board of directors no longer had any doubts, whether it was the company's development potential or Zhou Shi's ability to be recognized by them.

Maybe it's not giants like Microsoft or Google that are buying YouTube, or media giants like Disney. Sequoia and Google's resistance to the board was not too intense. On the premise that Zhou Shi did not want cash, he agreed to the acquisition.

In mid-July, Amazon held a shareholder meeting in the final stage of negotiations, temporarily suspended trading for a few days, and by the last day of July, the two sides signed an acquisition agreement. Although there are still some details that have not been worked out, the dust has settled on this matter. The YouTube acquisition, which lasted for half a year, finally came to an end.

In the past six months, the development of tubing has not stagnated, and the market share has been leading, and it has occupied the markets of several major European countries, not to mention English-speaking countries such as India, Canada, and Australia, and the markets of Japan, South Korea, and Asia-Pacific have also entered. With the exception of the mainland, there is no larger country that has not developed oil pipelines.

Zhou Shi's investment in YouTube was also fully received after the acquisition was signed, and it did not wait until the end of the year, and there were many compensation clauses for employees. Neither YouTube nor Amazon are rich companies. Zhou Shi also didn't want problems with their development.

After the crude oil long order was closed, the $200 million was fully paid, the financing loan was repaid, and there was still 70 million left in the account.

As for the acquisition of shares in Twitter and Lehman, the funds were borrowed from UBS, which does not need to be considered for the time being.

After signing the contract with Bezos, Zhou Shi's stake in YouTube was exchanged for about 12 percent of Amazon's shares. After the resumption of trading on Amazon, the stock price fell sharply on the first trading day, and on the second trading day, the stock price rose sharply, with a market value of more than $25 billion, and Zhou Shi's worth exceeded $3 billion!

Thank you all for your monthly passes!

(End of chapter)