"Feng Yu was so deceptive. He said he would provide targeted financing to his friend first, with 20 million shares worth 800 million U.S. dollars. When he came to us, 5 million shares would cost 400 million U.S. dollars. He thought we were fools. ×?"
The directors of Huaqi were sitting together with the directors of three banks including JP Morgan to discuss. They wanted to invest in Amazon, but they didn’t want to be fooled!
But Ralph argued plausibly, is eBay better than Amazon? Their stock price is over a hundred dollars. Amazon gives you $80 per share. Is it expensive
Didn’t you say that you are very optimistic about Amazon? I didn’t plan to sell it to you before. Didn’t the boss give you the opportunity to buy Amazon stocks? If you don’t buy it, it doesn’t matter. Our boss will invest in these stocks himself. Is our boss short of the billions of dollars
"That Mr. Fu is the helmsman of the Fu family, a top family in Hong Kong. The Fu family's assets must be tens of billions of dollars. It is said that during the Asian financial crisis, the Fu family was Feng's partner and gave Feng a lot of support. .So it makes sense for Feng to give them a preferential price."
"Where are you from? You mean, Yuntong Bank, are you prepared to accept this price?"
"I didn't say that. According to what Ralph said, it was only half a month before and after, and the stock price differed so much. Why? They haven't listed on the market. Why do they think the stock price will double? I think this price should be negotiable. If Ralph doesn’t let go, we can talk to Feng directly.”
"How to talk about it? Don't you know Feng's attitude? Although we don't know how much money there should be in his bank account, it will definitely not be less than tens of billions of dollars, right? This money will do nothing for the rest of his life. There’s so much to spend! What’s more, which of Feng’s company shares can’t bring him a lot of profits?”
"No, the price Feng gave us is too targeted. If he doesn't want to agree, he can just refuse. I guess he has other requirements waiting for us to take the initiative to negotiate."
"Other requirements? What requirements? If it's a loan, it's easy to talk about. We have cooperated with Feng before. As long as he wants a loan, we guarantee to lend it as quickly as possible. But does Feng need a loan? He is better than those who open casinos. There’s plenty of cash!”
"I don't know, but I decided to talk about it. Instead of guessing here, I might as well just ask."
Some people left, and others looked at each other and left immediately. They have thought about joining forces to target Amazon, such as blocking Amazon's online banking payment.
But the most likely way is to push Amazon into the arms of other banks. Although they are four of the top ten banks, there are so many banks in the United States, and the relationship between Feng and Huifeng is so good. If other banks give full support, They were embarrassed.
While Feng Yu asked Ralph to convey the news to the representatives of the four major banks, he also asked Amazon and Fu Rongqi to sign a directional financing contract. The price was very favorable, and Fu Rongqi was also very satisfied.
Feng Yu asked Fu Rongqi to participate in the investment for a second reason, which was to allow the Fu family to occupy a seat on Amazon's board of directors and help manage Amazon. The Fu family is also very experienced in retail and will definitely help Amazon develop faster and better.
Amazon has now surpassed eBay in scale, but not by much. The important thing is that eBay has already begun its overseas expansion.
Although eBay's major shareholder is Kirilenko, Feng Yu is very happy for Kirilenko, but he doesn't want to be outdone by Kirilenko. In particular, Bezos didn't want to be compared to Whitman, the female CEO of eBay, as this would make him feel like he was being held over his head by a woman.
Previously, Amazon was unable to expand overseas due to lack of funds. It is easy to set up a website, they have mature experience and it will not be too difficult. But Amazon is a B2C model. There must be a warehousing center and logistics base. Otherwise, where will the goods be placed? And the company's expenses elsewhere are not small.
To put it bluntly, the only problem with Amazon’s external expansion is money.
Now, with Fu Rongqi's $800 million capital injection, at least their expansion plan in the Americas can start immediately, and maybe they can expand faster than eBay.
But if we want to expand to Europe, we still don’t have enough money. Fortunately, Mr. Feng said that the second targeted financing will be carried out immediately to ensure that the company's funds are absolutely sufficient.
The four major banks did not expect that they were still considering it. Amazon had signed a targeted financing contract with Nafu and said that it would conduct a second round of financing soon.
Now they are anxious. Looking at Amazon’s attitude, if they don’t agree in the second round, they will permanently lose the opportunity to invest in Amazon.
When money is scarce, others will provide financing. But when you are not short of money, if you want to invest, how can others agree
So representatives from the four major banks came to Feng Yu's office again and wanted to talk to Feng Yu in detail about what conditions Feng Yu had.
"I cooperated with my friend's company to develop a payment software, which provides a payment platform. I want to get the support of various banks... "
Feng Yu discussed the idea of payment package with representatives of the four major banks.
The representative of Huaqi Bank frowned. He was not unfamiliar with payment software, because they had signed a cooperation agreement with another payment platform before, and a large company also adopted this payment platform.
It's just that the utilization efficiency of this payment platform is not particularly high now. Most users still choose to use online banking directly. They do not trust this payment platform.
Now Feng also wants to develop a payment platform and plans to cooperate with them. Is this to snatch customers of the payment platform called Beibao
In other words, Amazon is going to compete with eBay.
In fact, in their opinion, it is best for Amazon and eBay to live in peace, because banks like them also hold a lot of eBay stocks. Whichever company loses, it is their loss. It would be the most cost-effective if everyone can make money.
"Mr. Feng, this payment package you are talking about is not unique, right? As far as I know, there is a payment software called Beibao, which has been adopted by eBay and is developing well." Huaqi representative said.
It seems that Feng is just like that. He hasn't even figured out the market research. The payment package may be very good, but with Beibao as a competitor, how well can it develop
The other three bank representatives also had a sarcastic smile on their faces, but they quickly hid it. They came here to seek cooperation, not to ridicule Feng Yu. This Feng Yu has a bad temper. He is young and energetic. There is no need for them to offend Feng Yu because of such a trivial matter.
Just when they thought Feng Yu would show a surprised look, Feng Yu said calmly: "You guys are talking about Beibao, that company is mine too!"
(End of chapter)