Giant of the times

This Christmas season, the success of Amazon.com has made people aware of e-commerce.

Wall Street is very enthusiastic about the Amazon website, and many investors want to invest in Amazon. On January 4, 1991, Sequoia Capital came to Amazon.

"Mr. Bezos, Sequoia Capital is very optimistic about the development of Amazon. Therefore, we plan to invest in Amazon. I wonder if your company is interested in raising Series A financing?" A middle-aged man with a middle-aged status and a gentlemanly manner. The young man smiled and said to Jeff Bezos, "This time, we at Sequoia Capital come with a very sincere attitude and are willing to invest US$20 million. Your company only needs to transfer 20% of its shares."

The boss behind Amazon is Li Zetian. There is no need for financing from Sequoia Capital. What’s more, Amazon’s market value is only US$100 million. This is too underestimated of Amazon. Jeff Bezos curled his lips and shook his head in his mind. However, he still refused politely: "I'm sorry, Mr. Barton, Amazon doesn't need financing yet!"

George Barton did not give up and said: "Mr. Bezos, although Amazon is the first company to engage in e-commerce, you know that more e-commerce websites will be established soon, and there will be many followers behind them, and they are very popular." Strength. If Amazon does not raise funds and accelerate its development, I am afraid it will be caught up. In addition to providing funds to Amazon, Sequoia Capital, more importantly, has a variety of resources and connections that can help Amazon. Rapid development!"

Jeff Bezos still shook his head, "Mr. Barton, Amazon still has funds and does not need financing for the time being. If financing is really needed, we will notify Sequoia Capital!"

George Barton couldn't help but look at Jeff Bezos a few more times, thoughtfully, and then asked tentatively: "Mr. Bezos, can it be said that Amazon is really as the outside world says, and the boss behind it is the richest man in the world?" Chronos·Li?”

Jeff Bezos suddenly laughed, "Mr. Barton, you should know that a lot of news is not trustworthy. As for who the boss of Amazon is, haha, I have no comment!"

"Chronos Li is really not the boss of Amazon?" George Barton asked again, wanting to make sure that if Li Zetian was the boss behind Amazon, George Barton was ready to give up. If not, he will fight for it no matter what. Amazon is so promising. Since the launch of the new website in December, sales have reached an astonishing US$200 million this month. Sequoia Capital has always had a favorable impression of technology companies and has conducted deeper research than other investment companies. The Internet is developing rapidly, and the number of Internet users continues to increase. Right now, with 1 million Internet users, Amazon.com can achieve sales of US$200 million. If the Internet user speed reaches 100 million US dollars, wouldn’t sales in one month reach US$20 billion? It can almost catch up with Wal-Mart’s half-year sales!

At this time, Jeff Bezos smiled and said nothing, not wanting to answer.

Li Zetian told him not to reveal the identity of his boss behind the scenes.

If many people know that Li Zetian is the boss of Amazon.com, then there must be more people involved in e-commerce. People believe in Li Zetian's investment vision and the industries he is involved in are definitely profitable. By then, the competitive pressure on Amazon will be particularly great! If companies such as Wal-Mart supermarkets, Sears retail stores, or the largest bookstore chain in the United States one after another enter e-commerce, these traditional companies will have huge advantages. Once they transform, they will become giants! Amazon.com, on the other hand, was unable to consolidate its e-commerce dominance.

There are only over one million Internet users now, and the Internet users in the future are the real targets to fight for! Winning at the starting point may not necessarily lead to the last laugh. Li Zetian decided that it would be better to keep a low profile!

Seeing that Jeff Bezos was silent and didn't want to answer the question, George Barton left. If you can’t invest in Amazon.com, then invest in other e-commerce websites. After he left Amazon, he felt a little unhappy. Start-up companies have always gone to Sequoia Capital for investment. This time Sequoia Capital took the initiative to express its willingness to invest, but was rejected without a chance to even talk...

In fact, good projects never lack investment. In addition to Sequoia Capital, there are many investment companies coming to Amazon. Goldman Sachs valued Amazon.com at $300 million, but it was still rejected.

…

With the rise of e-commerce, online banking has also become popular. Wells Fargo Bank, owned by Li Zetian, was the first company to open online banking. In the past year, at least 100,000 new depositors have been added due to online banking services. Wells Fargo is the designated online banking partner of Amazon.com. As long as Amazon.com grows and develops, Wells Fargo will also benefit greatly!

As for third-party payment software, such as PayPal, Alipay, etc., Li Zetian has not yet considered developing it.

Only when there are more online banks in the future will PayPal have room for development. Right now, there are hundreds of banks in the United States. If all these banks open online banking, there will be hundreds of online banks. Not to mention that it is very troublesome for e-commerce websites to cooperate with so many banks. When users choose a payment bank, they will be confused when they see so many banks. .

If an e-commerce website does not negotiate a cooperation with Wells Fargo, Wells Fargo's depositors will not be able to complete payment on the website, causing the transaction to fail.

As a third-party payment software, PayPal makes the relationship between the website, online banking and users simpler and more convenient.

Now, Wells Fargo has not yet become the top ten banks in the United States. Taking this opportunity, Li Zetian decided to expand rapidly and acquire other banks! First, to strengthen the bank itself; second, to promote online banking and Amazon.com.

If depositors have opened online banking, they will definitely come to Amazon to shop.

Of course, only Li Zetian can use banks to promote the Amazon website. How could Amazon and Alibaba in previous lives have such treatment?

At the beginning of Alibaba's development, many people knew Jack Ma and Alibaba as a liar and a liar company!

If there is a bank guarantee, there is no such thing.

At the Wells Fargo headquarters, Li Zetian and Dongfang Yuqin were sitting on a black leather sofa, and several people were sitting opposite them.

Li Zetian was the first to speak: "Since the 1980s, hundreds of banks have gone bankrupt in the United States, but Wells Fargo has been doing very well. It has remained profitable and developed rapidly! At this moment, many banks are still in difficulty. The reason is that their operations There is a problem with the bank. I am ready to invest US$30 billion to let Wells Fargo acquire these banks! I believe that with Wells Fargo’s management level, these banks can turn around their profits and losses!!!”

As soon as he finished speaking, Li Zetian made a move of US$30 billion, which shocked several senior executives of Wells Fargo.