Bezos looked at Feng Yu. Why was Feng Yu so happy when he listened to his report? But when he read the report, he suddenly turned dark
There is nothing wrong with this report. There are people appointed by Feng Yu in the finance department, and he does not dare to make any mistakes.
Seeing Feng Yu staring at the last profit amount, he suddenly realized that Feng Yu was not satisfied with the pure profit.
"Mr. Feng, look at it, we were still losing money in the first half of the year, but we only started to make a profit in the second half of the year. And in the last quarter, our profit reached three million US dollars!"
Feng Yu then took a closer look and found out that he had lost too much before and only made up for the loss in the second half of the year. If we look at the second half of the year alone, the profit will be close to US$5 million, and Feng Yu is quite satisfied.
After all, online shopping is not yet mainstream at this time, and with the burst of the Internet bubble this year, many people have even gone bankrupt. Bezos is doing well to be able to turn a loss into a profit in such a bad year.
This year, more than 100 Internet technology companies have gone bankrupt due to the bursting of the Internet bubble in North America alone, and more than half of them are listed companies.
And this number is still increasing.
In some other industries, the stock prices that fell due to the impact of the Internet bubble have partially begun to recover at this time, but Internet technology-related ones are still showing little improvement.
In my previous life, I didn't start to turn around until the second half of next year. As a result, I was affected by that incident, causing the overall situation to fall again, and I couldn't hold it back.
It wasn't until 2004 that things finally got better.
Feng Yu nodded: "Yes, the company is developing well. You have done well to be able to develop to where it is today with such a small amount of capital."
If Amazon is not listed, it will not have as much financing as in the previous life, so in fact, the funds invested by Amazon at this time are not as much as in the previous life. Of course, the initial funding they received was much more than in the previous life, giving them an early advantage.
"Mr. Feng, are we really not going to go public next year? If so, we won't be able to establish logistics bases in South America and Europe. Those investments are not small."
At this time, Amazon's logistics base in Canada was established with loans.
Feng Yu thought for a while. Amazon is an American company. In the United States, if it is delisted after being listed, it will cause great harm to the Amazon brand.
This is different from companies such as Xinlang, which mainly build websites, and the users are mainly Chinese. After delisting from Nasdaq in the future, it can turn around and relist from Xiangjiang.
But if Amazon were to be listed on Nasdaq and then delisted, it would be difficult for the New York Stock Exchange to be listed. When it comes to financial development, Hong Kong, Tokyo and London are not as good as New York.
Sooner or later, Amazon will go public. The investment of online retail companies is not a bottomless pit, but the cost is much greater than that of physical retailers.
If Feng Yu continues to invest, of course he can afford it, but that will continue to dilute the equity of other shareholders. Feng Yu had given Bezos a promise that he would retain a certain amount of Bezos' equity and would never dilute it unless the company raised funds. In this way, Feng Yu would suffer a loss.
Although Feng Yu could have broken the contract, Feng Yu did not want to do so. A good reputation can help him make more money. Once the reputation is bad, it will cost more to bleach it.
What's more, Bezos is also an excellent talent, and Feng Yu doesn't want to lose him because of this. Money has a price, talent is rare. An outstanding talent can help him make more money.
"let me consider it."
In the evening, Feng Yu called Fu Rongqi to ask for advice on this issue.
"Nephew Feng Shi, you shouldn't have given him this promise in the first place. Since you are the major shareholder of the company, of course you have the final say. Either he takes the money and contributes proportionally to you, or he accepts the dilution of his equity." Fu Rongqi He sighed, "The power of the company should be firmly in your own hands. Is there any reason to hand it over?"
"But I have to make all the decisions about the company. How tiring."
Fu Rongqi "..."
I’m tired, but I still want to make money. There are so many good things!
But don't tell me, this Feng Yu seems to have really divided his power, letting others take care of his business, and then making money while lying down.
"In this case, then you have only one way to raise funds." The company already has a loan, and the amount of another loan will not be very high. According to Feng Yu, he wants Amazon to occupy most of the European and American markets.
Now we must seize the time to carry out industrial layout, because at this time, Amazon is not the only company making online shopping malls. It would be too difficult if others occupy the market first and then try to conquer it.
Of course, there is also a second way, which is to spend a lot of money to merge and directly have a mature user group.
Amazon has adopted this expansion strategy in its previous life. For example, in China, they acquired Bonjour.com and changed it to Bonjour Amazon.
The funds for the acquisition also came from financing.
What these listed companies are best at is spending other people's money to expand their own scale. When the scale reaches a certain level, a de facto monopoly can be formed, and then a lot of money can naturally be made.
"But if we go public now, we may not be able to raise a lot of money." Not only is it extremely difficult for Internet companies to go public now, but they will also be in trouble after going public. Several companies that were about to go public were delisted because no one cared about their stocks. Two went bankrupt within a month.
On Nasdaq, if a company that fails to go public and will go bankrupt within a month can successfully apply for listing, you know that there are also loopholes in Nasdaq's management.
"Financing does not necessarily require listing." Fu Rongqi said with a smile.
Financing but not listing? Fu Rongqi means targeted financing
"Uncle Fu, what do you mean, do you have plans to buy Amazon stocks?" Now is the stage when the Internet bubble bursts, and there are not many people who dare to invest in Internet companies.
"What, can't it?" Fu Rongqi asked.
The current stock market is not very good, with great fluctuations. Gold and oil have little fluctuation, and foreign exchange has not fluctuated much. There is nothing worth investing in.
Fu Rongqi happened to have money that he couldn't spend. Feng Yu had such great expectations for this company, and he also saw the potential of this company, so why not invest
He also believed that Feng Yu would give him a suitable price and would not let him lose money. Besides, this can also connect you more closely with Feng Yu.
Such a young richest man in Asia has surpassed Li Chaoren and has the tendency to catch up with Bill Gates. The relationship must not be estranged. He was a little unsure just relying on Fu Guangzheng and Fu Guangwei. He planned to let his son have some relationship with Feng Yu and bring the two families together closely.
"Uncle Fu, how much can you invest?" Feng Yu asked.
"Within one billion US dollars, no problem!"
"Okay, Uncle Fu, I will definitely give you a suitable price."
… (To be continued.)