073 Dig another super gold mine
"Mr. John, I don't think you're going anywhere else since you're here, right, I think we can talk openly and honestly, so that we can work well together. Just as Jeff Bezos was in danger, his wife McKenkie interjected.
"Well, actually, I just want both of us to be sincere, let's say you can be honest about having an accurate valuation of your company. ”
"OK, Mr. Li, I think our website is currently valued at $3 million, if you think it's acceptable, we can talk about it, we need $1 million in initial financing. Bezos reacted at this time, and replied directly.
"Mr. Bezos, as far as I know, you raised $300,000 when you set up the company last year, and for the current company, it is impossible to grow so quickly, after all, according to your business plan, your company will not be profitable for a long time in the future.
I can agree with your valuation of 2 million, and at this valuation, I can invest 1 million and promise that I only need 45% of the shares on the homepage of Yahoo.
In the future, it is possible to commit not to participate in the management of the company in general, and only to retain seats on the board of directors and financial supervision. In the Board of Directors, I will pledge to support your decision and guarantee your rights in the management of the company. ”
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The two couples thought for a while, discussed for a while, and then bargained like a vegetable market, and finally reached a cooperation.
Although the general angel investment is less than 25% of the shares, considering Li Feng's promise not to participate in the management, support his own management of the company, and the temptation of the inclusion link of Yahoo website, Li Feng still successfully completed the angel investment.
In fact, as the two couples who came out to start a business as Wall Street elites, they never thought that if the company developed and expanded, their shares would be able to exceed 50% absolute control.
For the initial offer of 3 million, in fact, Bezos tried to try, and the final valuation of 2.5 million, the two agreed in principle. Yes, after some bargaining, an agreement was finally reached on the valuation of 2.5 million, and Li Feng invested 1 million and occupied 40% of the shares.
Think about it, last year 300,000 founded the company, now the valuation is 2.5 million, an increase of nearly 8 times, what is there to dislike, and there is a premise of inclusion in the Yahoo catalog, in this way, the company will definitely be able to develop further.
At the same time, Li Feng also promised to support himself in the board of directors and corporate management in the future, and he will not participate in management.
Although there are fewer shares listed in the company, the company is still controlling and managing itself, and there is no reason not to agree, so after thinking about it, I agreed to Li Feng's request.
After that, it was simple, and Zach drafted the agreement, and the shareholding agreement was successfully completed, and it took effect as long as it was signed.
In fact, Li Feng really wanted to invest millions directly to make himself the controlling shareholder of the company, but unfortunately, Bezos and his wife did not agree.
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"Since you two agreed to my request, I will also make some simple requests. ”
Hearing Li Feng's proposal, Bezos and his wife were shocked again, thinking that Li Feng had repented, and immediately stared at Li Feng.
"Hehe, don't worry, I'm thinking about our company's website, first of all, the first point is the website's URL and domain name, whether you think it's too cumbersome, it's better to be simple. ”
"Haha, John, you can surprise us, yes, about the domain name, we have already changed it once, but we really didn't think of a better one. ”
"I have a proposal for this, what do you think of 'Amazon', A-M-A-Z-O-N. You think, nowadays Internet searches are all by alphabet, so the first letter of our website is A, and the Amazon River is famous all over the world, which is more memorable, isn't it? ”
Well, just like Yahoo before it, Li Feng directly took it.
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Hearing Li Feng's explanation, the Bezos couple and the original employee Shelkapan felt that Amazon was very good, and they immediately agreed happily.
"That would be fine, but in this case, I need to re-register Amazon, and I will participate in the establishment of the company in my personal name as an angel investor." ”
After that, it's simple, first sign an agreement, and then let Bezos change the name and shareholders of their own company, these Li Feng doesn't care, anyway, the previous life has proven Bezos's success.
Li Feng explained to them that when their company is ready, and the website is also re-launched with a new domain name, he will just notify himself, and then he will directly transfer the money into the company's account, and then he will help contact Yahoo to include the Amazon website as soon as possible.
After that, he didn't stay, chatted with the Bezos couple for a while, said hello, and went directly to the airport in the drizzle.
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I originally wanted to take a good look around this city, which has been voted the best livable city in the United States many times, or go to see the legendary Microsoft headquarters, but I suddenly lost interest when I watched the drizzling day.
Another one, just won the South African diamond, thinking about the beauty of the beauty, and suddenly thought about going back to Los Angeles.
It can be said that this trip to Seattle came and went in a hurry, and the initial idea was completed with great efficiency, even far exceeding his own expectations.
You must know that 40% of the shares are far beyond their own estimates, no matter how diluted they are in the later stage, it is estimated that 10% should always be there. At that time, it will be tens of billions of business. It's exciting to think about.
"John, that's it, it's a lot easier than the previous Yahoo. In the taxi, Zach turned back to Li Feng and said.
"Haha, investment, that's it, not much investment, as for whether it can be done, it depends on whether the company's managers can do it. ”
Zach can be regarded as having experienced several investments, so he nodded and agreed with Li Feng's point of view, and then started chatting.
In fact, at this time, financing is really simple, especially for Internet companies, the Internet tide has not yet risen, and many Internet companies have no channels for financing at all, including Amazon, many companies' initial financing is tens of thousands or even hundreds of thousands, and it is difficult to find a generous venture capital like Li Feng.
The Bezos had already looked for financing, but even if they had worked in a Wall Street hedge fund, they were not able to raise money.
It can be said that it was not until Netscape was successfully listed that everyone began to realize the development prospects of the Internet, and the Internet began to really ferment.
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After bidding farewell to the rainy Seattle, in the evening, I returned to Los Angeles again, facing the warm sunshine of California, and completed a perfect short trip to Seattle, and I was in a surprisingly good mood.
got into the car driven by Joseph, who had come to pick him up, and headed for the villa.
"Hey, Sally, where are you?"
"Oh, shopping here in Hollywood, with Halle Berry?"
"Oh, okay, I'm back, then I'll go back to the villa first. ”
"Yes, the investment has been completed, I don't think you are waiting for me in Los Angeles, I will come back directly after this is done, I want to be with you all the time. ”
"Of course, how could I lie to you, well, I'll wait for you at the villa. ”
Well, when Li Feng returned to Los Angeles, he made a phone conversation with Charlize and said sweet words, which made Charlize laugh when he was shopping.
No, knowing that Li Feng has returned, Charlize said that he will go directly to the villa area to see him soon, and it seems that Li Feng's sweet words have a good effect.