My Age of Investment
Chapter 103: Isn't it fragrant to leave a name for Qingshi?
Chapter 103 Qing History leaves a name, isn’t it fragrant?
Xia Jingxing and the three people invited Andrew and Old John to the office where they negotiated with Amazon last time, and they are ready to consult two angel investors on the company's next strategic plan.
After Xia Jingxing finished talking about Google’s door-to-door merger and acquisition, Andrew said: “I respect the opinions of your three founders. Since you have decided to operate independently, you should continue to operate well and don’t let everyone down.”
Old John smiled and shook his head: “As a technology company that is about to go public, Google’s investment and M&A departments have concentrated a group of the most savvy talents.
The current momentum of Facebook sweeping American campuses has naturally been noticed by them, and they have conducted a rigorous and detailed investigation.
Facebook only needs to maintain the current expansion speed, at most half a year, it will fully cover American universities and gain tens of millions of registered users.
Tens of millions of dollars to acquire a company with tens of millions of users.
Should we say that they are too smart or too stupid?
Dalun, I also support your opinions, so I just rejected it! "
Xia Jingxing nodded, and the two investors agreed with their founding team. This is the best.
"The second thing is to cooperate with Amazon."
Xia Jingxing said slowly, “I plan to return to China some time later and find more suppliers, such as manufacturers of stationery, hats, and umbrellas.
Things are not too expensive, and the quality is also very good, we can continue to enrich our peripheral product categories. "
Old man John nodded, "Yes, I told you last time, we must continue to focus on the needs of students to enrich our product categories."
"Now there are millions of funds on the account, and I have leased a new office. Should I expand next?"
Old man John reminded, “In addition to recruiting Facebook operations and technical personnel, you can also recruit some people with e-commerce experience to help you do e-commerce operations, product selection, supply chain, and so on."
Xia Jingxing smiled, "Mr. Hennessy is right. The establishment of an e-commerce department is also in our plan."
Andrew suddenly remembered something and asked: “I reminded you last time that there may be some students who learned about Amazon through Facebook, but ultimately did not register with Amazon through the link on the Facebook website.
They directly visit and register on Amazon, and the shopping experience is the same.
But for Facebook, it earns less promotion fee.
Do you think of ways to prevent this phenomenon? "
Xia Jingxing looked at Andrew, nodded and smiled at him: "This suggestion is very good. We have also noticed that this happens, and there are many.
But we can’t control everyone to listen to us.
We can only make one webpage, which explains what discounts can be obtained by registering with Amazon through Facebook.
For example: Facebook and Amazon have reached a special cooperation, register through the link of Facebook and become a new Amazon user, you can get a $10 coupon, and you can use it for orders over $20.
After the new suppliers in China are negotiated, Facebook will give these new users a small gift, such as an umbrella, a box of gel pens, a pencil case, and so on.
In short, we will do everything possible to allow new users to register with Amazon through us.
But this work can't be done 100%, there will definitely be a certain amount of loss of new users, through other channels, or directly go to Amazon's official website to register. "
Andrew nodded, “Don’t worry about the loss, all you need to do is let the students know about the cooperation between Facebook and Amazon, and feel the discount from shopping, and even develop to the fact that students rush to tell each other.
Anyway, customizing these small gifts from China is not expensive, and a new Amazon user is worth $40.
You can calculate this account, but I can’t bear to let the child be too far away from the wolf! "
"Why do you feed the baby to the wolf?"
The foreign girl asked with a dazed expression.
"This is a Chinese allegorical saying, which means to abandon small profits and make more money."
Xia Jingxing helped to explain.
The foreign girl nodded, "Chinese is really interesting. I recently invited Lilith Gao and Amanda Shen to be my Chinese teacher and I will be able to understand your speech in the future."
Xia Jingxing smiled, "Really? Then you have to study hard."
"I intend to postpone the A round of financing until the end of the year."
After finishing speaking, Xia Jingxing explained, "With Amazon, a money printing machine, we will not be short of money in a short time."
Old man John raised his eyelids, glanced at Xia Jingxing, and said, "You are pushing investors to competitors. Are you afraid that your opponents will overtake us?"
"Even if we accept the investment, Diaoyou.com will not lack other speculative investments.
There is not much money anyway, and the future of the social circuit is getting brighter and brighter. It is worth betting once.
If it is hundreds of millions, or even hundreds of millions or billions of dollars, I think speculative capital may be carefully considered. "
Xia Jingxing’s explanation is concise and clear. Facebook’s rejection of venture capital does not mean that it will become an enemy. The main reason is that it is too small.
The earlier, the more blindly cast.
Old man John took a closer look, and this is indeed the case. Venture capital is this style of play.
"I have no opinion. You can postpone the financing, but you must pay attention to the cash flow and the cultivation of the team. It will lay a solid foundation for the next expansion."
Old man John finished his statement, and Andrew also nodded in agreement: “As long as users continue to grow rapidly, the company will not be left behind, and it does not require too much venture capital to endorse.
You now have only 3 million users and a dozen employees.
If you raise tens of millions and the team quickly expands to a few hundred people, then management is a big problem.
It must be gradual and not too blindly expanded. "
Xia Jingxing nodded, and talked about the identity of him and the dog.
"Yes, this problem should be solved. After you two become Americans, it will reduce a lot of trouble.
As Facebook continues to expand, sooner or later, it will be targeted by those who are interested. "
The old man John smiled, “You can entrust lawyer Andrew to handle this for you. I also know a few immigration officials here, and I can help.”
Xia Jingxing hesitated for a while, and did not explain that he did not want to be naturalized, so he only discussed the green card issue.
If you get a green card through investment, it will take five years to get your citizenship.
While marrying the spouse of a US citizen, it takes three years.
If you have a green card to join the army, you can be exempted from the three or five years waiting and can apply for citizenship immediately.
Xia Jingxing heard that many Asians who have become American soldiers have been bullied miserably, but there are still a large number of people who want to join the U.S. military.
In his previous life, he also saw a report of a Chinese girl shouting to the maritime police of the motherland, not to mention the traitor Lu Chaoran who was disguised as our army's sneak attack on the Korean battlefield. She was a national scum.
Anyway, after receiving the green card, we still have to wait another five years, so John and Andrew did not inquire about naturalization.
Xia Jingxing also deliberately didn't explain, so as not to get out of line.
Wait another five years, Facebook may have developed into a behemoth.
At that time, cash out part of the stock, or even all of it, return to China with US dollars to build a hometown, and was successfully selected into the list of "40 Returnees in 40 Years of China's Reform and Opening-up".
Qingshi left a name, isn’t it fragrant?
Be worthy of the ancestors and ancestors, and worthy of the land that gave birth to oneself.
To live a lifetime again, this is the pursuit.
(End of this chapter)
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