Chapter 485: Twitter Wants Financing
Amazon originally wanted to carry out group buying activities, but Zhou Shi is a major shareholder, and there are still some restrictions in this regard, so Bezos did not participate in the group buying market, Yelp's product group buying and Amazon cooperated, basically consignment, and the profit was not much, and it earned a lot of traffic.
Amazon had a good development last year, with revenue of nearly 25 billion yuan last year (excluding YouTube), and its business includes retail, video services, cloud services and hardware (kindle), which are almost all the first in the industry. Except for YouTube, which Zhou Shi is directly responsible for, the others are all developed by Bezos, and in terms of management ability, this guy may surpass him a lot. When it comes to investment ability, this guy is not weak, having invested in dozens of companies over the years, including Google. To be honest, although Zhou Shi and Bezos have some sympathy for each other, the relationship between the two is not good under the principle of same-sex repulsion. Bezos is a fund manager, Zhou Shi was just a personal speculator in his previous life, and he can barely be said to be an Internet entrepreneur in this life. But in essence, neither of them is a simple entrepreneur, and they have a lot of pursuits outside the company, so he did not participate in Bezos's blue origin, and would rather choose Spacex than mix with Bezos. Usually, except for work things, there is little contact in life.
Twitter's financing is another collaboration in addition to Amazon. At that time, the financing agreement signed between Twitter and Lehman had a VAM clause, and the VAM conditions were definitely not met. After Zhou Shi took over, let Jack Dorsey improve the back-end services, optimize the user experience, vigorously expand the mobile Internet and open up the global market, in the subprime mortgage crisis, the valuation of $2 billion is also as shattered as the moon in the water and the flower in the mirror, but Twitter, which has sufficient funds, still maintains a high speed of development, sending more than 60 million tweets a day, and the popularity of smartphones, almost all mobile phone operating systems can use Twitter, which has promoted the popularity of users. Third-party apps, feeds, retweets, comments, likes, followers, private messages, and no longer count photos, videos, polls, quotes, and animated GIFs into the 140-character limit, these features and initiatives further attract users to come back one after another. Now the number one Twitter fan is Mike Jackson, who has a very high update frequency, and even if there is no tour and record, he still maintains a very high popularity. On January 22 of this year, NASA astronaut Timothy Klimt of the International Space Station released the first message of a Titter from outside Earth on the Titter. There are also more than 150 million users worldwide, which is a testament to Twitter's growth prospects.
Twitter's financing is also very hot, not only because of the development of Twitter, but also because Zhou Shi or Galaxy Capital promised to withdraw from the status of the largest shareholder before going public, or maintain the shares within 30%, which is equivalent to saying that he is willing to transfer Twitter.
Twitter is very good, and Zhou Shi also knows that this will be a 10-billion-dollar enterprise, but at the same time, it has the second largest social network in the United States, influences the largest video website YouTube, and controls the world's largest microblogging website, which controls almost half of the social opinion on the Internet, and the pressure can be imagined. Fortunately, in Silicon Valley, even in China, I am afraid that no one can tolerate such a monopoly. In the previous life, Ali and Penguin almost monopolized the domestic Internet environment, today's headlines broke through this layer of suppression, out of their own way, this is not only Zhang Yiming's, the temptation of information flow and intelligent recommendation, in addition to technology, there are Ali, Penguin shadow other companies or covert support, you must know that the early news sources of today's headlines have a lot of problems, if they are rubbed on the ground list by companies such as Sina, Sohu, NetEase, etc., there will be no later headline companies.
"Simon, are you really short of money, you're going to sell it off, and you want to kill me with so much corporate financing at once!" Yang Zhiyuan called
"What's the matter, didn't I tell you that the market value of your friend's network is high, you may not be able to eat it" Zhou Shi
"Who told you about the friend network, what's going on with Twitter, why didn't you tell me that day?" Yang Zhiyuan seemed to be spraying water on the phone, and Zhou Shi could feel it through the Guoke mobile phone.
"Twitter? It's not my decision, Jack Dorsey saw that I was raising money, and he also wanted to raise money, and I didn't think it would make a difference, so I agreed!"
"This hasn't affected yet, and the entire Silicon Valley venture capital circle has been shocked by your generosity!" Yang Zhiyuan
MD, it's not UC Shock HQ, there's a bird for this. Everything is in the plan, without the financing of this company, it is possible to go public, how to attract others to take the bait.
"Really?" Zhou Shi said, pretending to be surprised
"Of course, Moritz of Sequoia regrets it. Yang Zhiyuan said another sensitive information, Sequoia didn't know what to think about at the beginning, and he didn't support Zhou Shi in the conflict between him and Lehman. Either he underestimated the cash that Zhou Shi had, or he misunderstood his relationship with Lu He, anyway, he didn't leave a good impression on Zhou Shi in the end.
After the Lehman incident, Zhou Shi severed all venture capital cooperation, which greatly affected Sequoia's reputation in Silicon Valley, especially on the basis of Zhou Shi's increasing success, which further highlighted Sequoia's unbearableness. But after all, this world relies on strength to speak, and a small stain is not enough to make Sequoia how. With investments in successful companies such as Cisco and Google, and decades of huge reports, Sequoia has always had the trust of investors, and even Zhou Shi believes in their ability, and sometimes thinks about whether to invest some spare money in Sequoia's fund, after all, the return on investment is very high, it is said that it can reach seven or eight times.
"If he regrets it, he will regret it, it has nothing to do with me. "Zhou Shi
"What if they want to invest in your business again? What is your attitude?" said Yang
"I don't have any attitude, but others are preferred under the same conditions in the first few cooperations. When Zhou Shi heard Yang Zhiyuan's words, he instantly thought if it was Sequoia seeking reconciliation. Zhou Shi naturally won't do a battle of wills and money. I won't simply forgive them and make myself appear weak.
"Oh, yes, I thought you wouldn't hesitate to turn them down. "Yang Zhiyuan
"No way, who made me lack money, I can't live without Sequoia's funds!" Zhou Shi
"Hehe~~" Yang Zhiyuan ignored Zhou Shi's arrogance, he also invested in the Xuanwu Fund and knew how much money he made last year.
"If you don't let Twitter give it to me, you make a price, and Yahoo will buy it directly. "Yang Zhiyuan
"As long as the price is right, it's not impossible, after all, I don't have the energy to care about this, and if Twitter's management agrees, I won't put obstacles in your way. "Zhou Shi
"That's it, I'll talk to Jack Dorsey directly. "Yang Zhiyuan
"Good luck to you!" Zhou Shiyan said insincerely, he had already belittled Yahoo to nothing in his communication with Jack Dorsey, and no one would sell it to Yahoo.