0665 Confidence and Strategy
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Bezos hopes to reduce labor costs and investment budgets to make the company profitable, please Wall Street managers, and ease Amazon's relationship with investors! However, if Amazon dances to the baton of 8848, and the opponent can hold on to it, I don't know, Amazon will definitely collapse first!
After all, Song Chen seized the time too well, and now the Amazon is in a critical period of dilemma - this is also the weakest period in the history of the Amazon that Song Chen knows!
"8848 went public at the end of '99 and raised $600 million! In addition to the acquisition of Zappos, 8848 International has been very low-key before and after the NASDAQ stock market crash! "Tom, Amazon's chief financial officer? Skutak said slowly in the face of the irritable Bezos, "Judging from the 2ooo annual financial report of 8848 last year, they still have $400 million in cash, although they don't have as much cash and financial assets as our $700 million, but they don't have such a heavy debt burden as us!" We have a debt of $2.2 billion in previous years, and we need to pay $130 million in interest this year, and if we lose $1.4 billion this year and the capital environment does not improve, our company will go bankrupt next year! β
"I know! Damn, I know that! "Bezos has always had a tyrannical tendency in the Amazon, just like Apple's Steve Jobs. He waved his arms and roared, "What I need is countermeasures, not money!" Fuck the money! Fuck Wall Street! β
Tom? Scutak has long been accustomed to Bezos's rough attitude, not to mention that Amazon's current situation is indeed unprecedentedly bad. Without Wall Street's constraints, Amazon is confident that it will have a hard time fighting 8848. But while Wall Street sings about Amazon, it devalues Amazon's stock to a "junk stock", and Amazon can't fight against 8848 in a desperate way!
After all, 8848 has no money, and it can give shares to the major shareholder Song Chenxing, as well as the closely related SoftBank Group and Merrill Lynch Group! And Amazon is out of money, and it is difficult to find investors willing to sing the praises of Amazon in a short period of time, except for the sale of financial assets.
Bezos sat down in his chair and muttered, "Scutak, give me a good JianyΓ¬!" β
Tom? Scutark was silent for a moment and then said slowly, "I'm Amazon's treasurer. I do have a workable solution financially, but what Amazon needs right now is confidence and strategy in addition to money! This needs to be solved by Bezos himself! β
"Confidence and strategy," Bezos said with a wry smile, "In terms ......of strategy and planning, who can compare to that Chinese kid?" When he was interviewed by Forbes, he called himself a 'clown'. Everyone doesn't understand! Later, his series of actions showed that he had advanced wisdom and preparation for the damn stock market crash of the NASDAQ, and confronted such a person...... To be honest Scutak, I don't have confidence! GoogLe is just a company, and the whole world must listen to him carefully! β
Tom? Skutark smiled slightly, "It's a bit hard for a lot of people to say, but it's true. You're not the first person to have a headache with Song Chen, and you're not the last! However, I think that although the cooperation between 8848 and the Bordes Bookstore has made it difficult for us to sleep on Amazon, it has not yet reached the worst! I think this should be 8848's exhausting tactic. Otherwise, the news of his cooperation with book suppliers should have come by now! Song Chen doesn't want to tear your face with you yet, 8848's increase in product variety has already allowed them to expand too quickly. It has only been long since the sale of bags, 3C and other goods has been launched, and it is impossible for him to fully confront us so quickly! β
Wake up the dreamer, Jeff? Bezos chewed on the words of his subordinates, and then his light flashed, and he said seriously: "You are right! Scutak, you have a point! This is an arms race, and Song Chen may not want me to burn the flames of war into his domain, so as to consume each other's cash assets to see who can't hold it first! In this regard, we at Amazon suffer very much because we have a very poor relationship with investors! β
Tom? Skutark nodded, then shook his head and said, "Song Chen is not very friendly with those people on Wall Street, but they have some blind confidence in him!" Over the years, Song Chenchuang has had too many miracles, just the combination of 'Ipod + ITunes' has amazed the world, and Wall Street always has to look up to this Chinese! β
A slight pause, Tom? Skutak hesitated, "Still, you need to be determined, because whether you go further or take a step back, there is a lot of risk!" β
Jeff? Bezos pursed his lips and was silent for a moment, then sighed: "In the face of such a person, arrogant as Ballmer is helpless to take him, forget it!" Avoid him for the time being, the most important thing for us at the moment is to improve the relationship with Wall Street, the original plan does not need to be changed, beckon to continue to lay off people! Damn, these people must have been sent to 8848's mouth! β
Tom? Skutak chuckled and said, "This is a helpless choice, and it is also a wise decision, Bezos!" β
"By the way, Scutak, you said you could find an investor, who is this person?"
"Warren? Warren Buffett! β
β¦β¦
Song Chen has been very embarrassed for the past two days, Hayakawa Kaori's love is very bad, if it weren't for the fact that there was nothing unusual when he first came, Song Chen would have thought that Hayakawa Kaori was suffering from postpartum depression or something - now, his intuition is related to the fact that he couldn't control his crotch two days ago!
Kaori Hayakawa's unrevealed anger made Song Chen feel that he had put away his tail, carefully took his daughter, and cautiously tested her reaction.
But the initiator Ryoko Sato, perhaps the ** that has been buried for many years has been cathartic, her cheeks are red, she is smiling, and she looks like a new year, even if she is dull, it is inevitable that there will be some ambiguous reverie.
Fortunately, Ryoko Sato lives in a shallow place on weekdays, the neighbors are far apart, and the servants don't live here, so the peach blossom news between her and Song Chen comes out.
At this moment, the three of them are eating, but the atmosphere is very weird, if it weren't for the cute sound of Song Zhen lying on the side of the stroller, the air in the room would have been frozen! At this time, the transatlantic call came, Song Chen breathed a sigh of relief, and flashed his tail under the pretext of making a call.
The call came from Sun Zhengyang, who reported on the progress of 8848 during this period and Amazon's reaction to the partnership between 8848 and Bodes Bookstore.
"Continuing to lay off employees?" Song Chen stood on the overpass overlooking the blue ocean, his expression was extremely surprised, "Bezos doesn't play with us?" β
"Yes!" Sun Zhengyang nodded affirmatively, "Judging from the internal information on their side, there are a lot of layoffs on Amazon this year, the United States is the hardest hit area, and there are also many in Europe, America and Australia!" However, although the pace of expansion has stopped, the establishment of the office is still there! β
"Bezos is so calm!" Song Chen muttered. Originally, he planned to drag Amazon into the quagmire of funds and exchange funds for space, but he didn't expect Amazon to play with him at all, which made Song Chen feel like his fist was hitting cotton.
He pondered for a moment and said: "Delete audio and video products, referring to Amazon's existing book inventory scale, if we continue to provoke Amazon, how much money do we need to spend on procurement?" β
"Not including equipment and logistics investment, no less than 500 million US dollars, and the next 50 million US dollars per year to improve the library!" Sun Zhengyang replied.
$300 million! Song Chen suddenly felt a headache, his private bank account had a lot of cash assets, but he had to keep to buy the assets he wanted, compared to Amazon, it was not the first target.
Song Chen asked, "What about your JianyΓ¬?" β
"It's better to slow down first!" Sun Zhengyang said slowly, "The reason why Bordes Bookstore abandoned Amazon's olive branch to cooperate with us is not because we have no foundation in this area and need their support to gain a firm foothold in this field?" β
Song Chen is also a person who can afford to let go, and he knows that he can't do things and doesn't force them, so he said: "Since that's the case, then do what you want!" In addition, the cash assets of 8848 are still too small, so discuss with the headquarters to make bonds as appropriate! While the Amazon is now in a deep quagmire, let's take over our sphere of influence first! β
"Yes......"
Sun Zhengyang seemed to want to speak and stopped, but Song Chen heard it: "Is there something else?" β
"There has been a lot of criticism of our logistics plan, and Wall Street thinks that the U.S. economy is not looking good, and that large investment projects should be slowed down!" Sun Zhengyang pondered for a moment and said with a wry smile, "Although Bezos is anxious, we can't get any better!" β
Song Chen pursed his lips and said: "You tell them that we have an established investment plan, if they don't have confidence in me, let them discuss with Mr. Cai, and we will eat all the stocks at the current market price!" β
What a tough attitude! Sun Zhengyang couldn't help but smile bitterly, but the managers of some institutions eat this! In this way, the tougher the attitude of the boss, the stronger the investors' confidence in 8848, and the more confident they are with Ctrip.com and Chenxing.com, which is probably what Bezos is most envious of at present - Song Chen's precautionary measures make global investors believe that Song Chen has a lot of hole cards and is full of weight! The stars think so too!
Song Chen said slowly: "There is one more thing, Zhengyang, if you let out the wind, just say that 8848 intends to invest in the number of centers!" β
"Count jΓΉ center?" Sun Zhengyang was taken aback, "We? Is it necessary? When the time comes, wouldn't it be more economical to host our servers together with googLe and Baidu's data center? β