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Chapter 605 Two peaches kill three soldiers
Compared with the movement on ICQ and the scenes being pursued by the media and the outside world, Amazon seems to be much more "calm".

On Amazon's side, they are also discussing the listing with people from Silicon Valley venture capital and Wall Street institutions, but compared with ICQ, the movement is far inferior.

Watching the news on TV, John Dole, a partner of KPCB Venture Capital, smiled and said to Bezos, "It seems that Director Bruno Song has no time to take care of Amazon!"

Bezos could hear that John Dole was provoking his relationship with Song Yang. Regarding this provocation, Bezos raised his chin and said to the people present, "Director Bruno, to Amazon Very supportive, he handed over Amazon's voting rights and the right to handle affairs to Amazon's management..."

When Song Yang entered the e-commerce industry before, after acquiring eBay, he invested in Amazon, gave Amazon a valuation of up to 8000 million dollars, invested 2800 million dollars in Amazon, and took away 35% of Amazon’s equity , Become Amazon's second largest shareholder after Bezos!
It's just that compared to eBay, Song Yang directly let the North American Global Investment Foundation take over the management of eBay, while on Amazon, Song Yang handed over 35% of Amazon's equity to Bezos for trusteeship. The affairs are basically out of hand, which is still equivalent to Bezos in charge of Amazon.

"But Bruno Song supports eBay more. In the future, eBay will definitely be one of Amazon's biggest rivals in the e-commerce industry. At that time, where will Bruno Song stand?"

Representatives of Wall Street institutions preparing to underwrite Amazon shares said to Bezos without leaving a trace.

Now the e-commerce industry has become hot. As the representatives of the two models of the e-commerce industry, eBay and Amazon have become representative companies of the e-commerce industry. In addition, the flower e-commerce company Flowers and the shoe e-commerce company Zappos have valuations. , are also advancing by leaps and bounds, but they are all dominated by Amazon and eBay.

Wall Street institutions have naturally begun to bet on major e-commerce companies one after another, among which Amazon and eBay have attracted the most attention, but these two have long been preempted by Song Yang.

eBay has been completely owned by Song Yang, and the president of eBay is concurrently held by the president of Double-click Company Whitman. Song Yang has also taken away 35% of Amazon's shares, and Bezos has kept a close eye on the equity. Venture capitalists like KPCB, as well as Wall Street institutions, felt a little helpless, so naturally they wanted to provoke the relationship between Bezos and Song Yang.

Listening to the words of John Dole and others, it is absolutely impossible to say that Bezos has no turmoil in his heart. Both eBay and Amazon are under the same banner of Song Yang, but eBay is more like the North American Global Investment Fund than Amazon. 's own son.

Even if it is treated equally, when he first invested in Amazon, Song Yang promised Bezos that the resources invested in eBay would also be invested in Amazon.

Amazon has obtained double-click advertisements, ICQ, Hotmail mailboxes, Xueleshan online drainage, etc., but obviously, these companies have a closer relationship with eBay. After all, they all eat in the same slot. Compared with Amazon, The life of eBay is more comfortable, and Bezos knows it well!

But to say that Bezos changed his relationship with Song Yang after being provoked by John Dole and others, that would be overthinking.

When Amazon was looking for someone to invest in before, other investment institutions, including KPCP Venture Capital, were only willing to give Amazon a valuation of 5000 million dollars. It was Song Yang who raised Amazon's valuation to 8000 dollars in one go. With as much as $[-], Amazon and eBay have become a big brother in the e-commerce industry.

After Song Yang invested in Amazon, KPCP Venture Capital and Wall Street institutions had to follow up. Now KPCB Venture Capital has also obtained a 15% stake in Amazon.

But KPCB’s VCs and Wall Street institutions are no different to Amazon than Song Yang. Song Yang is a sheep-herding model for Amazon, and Bezos is the proxy for stock voting rights, while KPCB VCs and others have to dictate to Amazon.

Even if Bezos' skills are not as superb as those of later generations, he also knows that as long as there is an upstart like Song Yang, KPCB Venture Capital and Wall Street, etc., will be a little bit cautious, and they dare not force Amazon's management to go too far. Yang has left Amazon's board of directors. At that time, he will be alone, facing the pressure from Silicon Valley and Wall Street!
"Amazon is willing to take 12% of the equity, issue 600 million shares, the issue price is 18 US dollars, and raise 8000 million US dollars!"

After turning off the TV, Bezos got straight to the point and said directly to KPCB Venture Capital and other people that Bezos would raise $8000 million for Amazon this time around.

Hearing this figure, John Dole and the others couldn't help their eyelids twitching. They didn't expect that Bezos would dare to call such a price, directly raising Amazon's valuation to 5000 million US dollars. point!
Is this price high? It doesn’t seem very eye-catching in today’s Internet industry, which costs billions or billions of dollars. After all, ICQ’s valuation is about to reach more than 300 billion dollars. Yahoo, AOL and other Internet companies , There are also some prototypes of giants.

But for comparison, Amazon’s previous valuation was only less than 8000 million US dollars, but now it has been directly multiplied by more than eight times. How long has it taken.

If Amazon can go public at a valuation of 5000 million US dollars, then Bezos' worth will directly exceed 3 million US dollars, which is not bad compared to the scene when Netscape went public that year!

"Isn't the risk of raising $8000 million too high?"

A representative of a Wall Street institution frowned and said to Bezos that they estimated the market value of Amazon, which is more than 4 million dollars, and this time they raised more than 5000 million dollars, so that Wall Street institutions can use these financing I ate them all, but who knew that Bezos raised the price so high.

"Amazon needs this financing. After listing, Amazon will begin to transform, no longer just a book business!"

Bezos glanced in the direction of Goldman Sachs headquarters, and looked back at John Dole and others, "If you can't underwrite Amazon stocks, you can seek the help of Director Bruno on Amazon's side. I think he is willing to Help Amazon go public!"

Hearing Bezos mention Song Yang, the faces of John Dole and others changed slightly. Bezos really wanted to ask Song Yang for help. With Song Yang's relationship and contacts on Wall Street, Goldman Sachs, Merrill Lynch, Deutsche Bank, etc. , It is not difficult at all to be responsible for Amazon's listing. At that time, there will be no share of KPCB and others.

"KPCB Venture Capital will help Amazon complete the listing!"

John Dole looked at Bezos and said, "There is more than one Bruno Song in the Internet industry!"

As a veteran in the technology industry, KPCB’s response in the Internet era seems to be a bit slow. Except for Netscape, other Internet companies, including AOL, Yahoo, Lycos and other Internet companies, KPCB’s venture capital has not invested heavily. Instead, a lot of dollars have been spent on energy, medicine, biology, etc.

Although industries such as energy and biology are also popular industries, compared to the Internet industry, whose stock price and market value can easily increase by dozens of times, they are not very popular.

KPCB’s huge bet on Amazon also wants to regroup in the Internet industry. It doesn’t want to be overwhelmed by Sequoia Investment, which is as famous as it in Silicon Valley, in the venture capital industry. Sequoia Investment has bet on Yahoo. The past two years have been brilliant , that old man Moritz beat John Dole!
As a broker connecting Silicon Valley with Washington, John Dole has a close relationship with the Federal Communications Commission boss Reed and others. Even in the Internet industry, KPCB venture capital is somewhat insufficient now, but John Dole is still a leader in the technology industry. One of the most influential people, Bezos knows the weight of John Doerr's words.

Bezos nodded to John Dole and others. He raised Song Yang just to raise the price for Amazon. Now that the goal has been achieved, he is naturally unwilling to stimulate John Dole and the others.

Although Bezos's asking price is ruthless, Amazon can only collect tens of millions of dollars when it is dead. The market value of the listing is less than one billion dollars. It is not very eye-catching in the Internet industry, but ICQ is different. , It is a big deal to put it on the entire Nasdaq, but it is not easy to achieve like Amazon.

"President Paulson, Manager Addison, President Stan O'Neill..."

After Song Yang, Irene and a group of ICQ executives entered the conference room, after a while of pleasantries, Song Yang called out to Paulson and the others.

"Song!"

Paulson was polite to Irene, Wesley and others. When facing Song Yang, Paulson smiled, hugged Song Yang, embraced Song Yang, and personally gave Song Yang Pulling out the seat, it looked very warm.

Seeing this scene, everyone in the conference room had different thoughts, Edison sneered sarcastically, as if he didn't like Paulson's tricks.

But in the eyes of Wall Street executives such as Stan O'Neill, Pellet Greene, Anshu Jain, Paulson's current status, such a move is enough to show the importance he attaches to Song Yang!
Facing Paulson's set, Song Yang had a smile on his face, but his heart was already raised. A glutton like Paulson, a person who doesn't see rabbits and doesn't scatter eagles, suddenly offers courtesies for nothing, what's the relationship? I dare not say 100%, but there is a high possibility that it was the weasel who gave the chicken New Year greetings, and Song Yang had no choice but to be on guard.

"Song, I've been wanting to invite you to New York since San Jose last time, and this time I finally have the chance!"

Paulson smiled and said to Song Yang. After a few words, Paulson suddenly changed the subject, "Song, you also invested in RICK, right?!"

Song Yang looked at Paulson for a few times, and his mind turned, wondering if Paulson was eyeing RICK and Victoria's Secret, Eric and Chris Jain's Comelica Bank , also in New York recently, is going around taking advantage of others, investing in RICK's luxury empire plan, RICK wants to snatch Gucci from LVMH Group.

Paulson heard some rumors, and it seemed that what he said made sense. He glanced at Paulson, and Song Yang nodded with a smile, "I'm just a shareholder of RICK Group. Is Goldman Sachs interested in RICK's plan?"

Hearing that Song Yang and Paulson suddenly brought up RICK and the luxury industry, Edison and Stan O'Neill felt a little strange.

Edison's hard-core confidant, Anshu Jain saw the puzzled look on Edison's face, leaned into his ear, and whispered a few words, Eric has been investing in Wall Street recently, Deutsche Bank Investment Bank Naturally, there are also rumors.

Hearing that RICK was going to seize the Gucci brand, Edison's eyes lit up a little. He didn't care about RICK's acquisition of Gucci, but the stock prices of Gucci, LVMH Group and other companies, because this competition will definitely have an impact. This is the opportunity for Deutsche Bank Investment Bank to do something!

Not only Edison, but Stan O'Neill also heard about RICK from his subordinates, as did several other institutions, including Morgan.

"Of course," Paulson said with a righteous look, "America needs a luxury empire of its own. This is a $1740 billion annual market, and now this market is controlled by those Europeans. Yes, from Manhattan Avenue to Champs Elysees, from North America to Europe, and from across the Pacific to Africa, those luxury goods are popular all over the world. Goldman Sachs supports RICK and becomes America’s own LVMH group
Those European guys have used those so-called luxury goods to steal too many dollars from America every year. It's time to end all this! "

When he said this, Paulson took a special look at Edison. The Deutsche Bank Investment Bank where Edison works is also an outsider. He also came to Wall Street to grab money. This is also an allusion to Deutsche Bank Investment Bank.

Edison didn't care about these words at all. Since he joined Deutsche Bank Investment Bank, he hadn't heard any harsh words. Paulson's eccentric words were nothing at all.

"Deutsche Bank Investment Bank is willing to invest in RICK. Deutsche Bank has its own channels in Europe and can provide support for RICK's plan!"

Edison said confidently that in America, Deutsche Bank is a doormat. Like Volkswagen and Nippon, they were fined every three days, but in Europe, Deutsche Bank is the undisputed absolute hegemony. Deutsche Bank is present in all walks of life throughout old Europe.

If Deutsche Bank is willing to provide RICK with ammunition and contacts, then the LVMH Group will not be able to stop RICK from stealing Gucci!

"Morgan is also willing to support RICK!"

"Merrill Lynch is willing to provide RICK with a long-term loan of $[-] million!"

Stan O'Neill also took the opportunity to say that Song Yang has never missed a shot since his debut, and RICK owns Victoria's Secret, a brand that is making money every day, and with the support of Goldman Sachs, Morgan, Deutsche Bank and other companies, he feels that RICK One order is very likely to be won.

Unexpectedly, Song Yang raised a lot of ammunition for RICK before the matter of ICQ started.

"Everyone, on behalf of the management of ICQ, I hope that everyone sitting here can help ICQ complete the issuance!"

(End of this chapter)