My Age of Investment
One hundred and three, Qing Shi left a name, isn't it fragrant?
Xia Jingxing and the three invited old men Andrew and John to the office where they negotiated with Amazon last time, and they were going to consult the two angel investors on the company's next strategic plan.
When Xia Jingxing finished talking about Google's door-to-door request for mergers and acquisitions, Andrew said, "I respect the opinions of the three founders. Since you have decided to operate independently, let's continue to operate well, and don't let everyone down."
Old John smiled and shook his head: "Google, as a technology company that is about to go public, has gathered a group of the most savvy talents in its investment and M\u0026A departments.
The current momentum of Facebook sweeping American campuses has naturally been noticed by them, and they have conducted a rigorous and meticulous investigation.
As long as Facebook maintains its current expansion rate, it will take at most half a year to fully cover American universities and gain tens of millions of registered users.
Tens of millions of dollars to acquire a company that is about to have millions of users.
Should they be too shrewd or too stupid?
Darren, I also support your opinion, just reject it! "
Xia Jingxing nodded, the two investors agreed with their founding team, which is the best.
"The second thing is the cooperation with Amazon."
Xia Jingxing said slowly, "I plan to go back to China in a while to 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 John nodded, "Yes, as I told you last time, we must continue to focus on the needs of students to enrich our product categories."
"There are still several million in the account, and a new office has been leased. Is it the next step to expand?"
Old man John reminded, "In addition to recruiting Facebook's operations and technical personnel, you can also recruit some people with experience in e-commerce to help you with e-commerce operations, product selection, supply chain, and more."
Xia Jingxing said with a smile, "Mr. Hennessy is right, establishing 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 did not sign up for Amazon through the link on the Facebook website.
They go directly to Amazon, and the shopping experience is the same.
But for Facebook, it earns one less promotion fee.
Do you think of a way to prevent this phenomenon? "
Xia Jingxing looked at Andrew, nodded and smiled at him: "This suggestion is very good, we have also noticed this happening, and there are quite a few.
But we can't control everyone listening to us.
We could only make a web page with an explanation of what deals you could get by signing up for Amazon through Facebook.
For example: Facebook and Amazon have reached a special cooperation, registering and becoming a new Amazon user through the Facebook link, you can get a $10 coupon, which can be used for orders over $20.
After the new Chinese suppliers are negotiated, Facebook will also 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 get new users to sign up for Amazon through us.
But this work can’t be done 100%, and there will definitely be a loss of new users, through other channels, or directly to Amazon’s official website to register. "
Andrew nodded, "Don't worry about loss, all you need to do is to let students know about the cooperation between Facebook and Amazon, and feel the benefits from shopping, and even develop to the point where students run and talk about it.
Anyway, it's not expensive to customize these small gifts from China, and a new Amazon user is worth $40.
You can calculate this account, but it is reluctant that the child can't catch the wolf! "
"Why feed the child to the wolf?"
Yang Niu asked in confusion.
"This is the Chinese saying, abandoning small profits and making more money."
Xia Jingxing helped to explain.
Yang Niu nodded, "Chinese is really interesting. I recently hired Lilith Gao and Amanda Shen as my Chinese teachers, so I can understand your speech in the future."
Xia Jingxing smiled and said, "Really? Then you have to study hard."
"I plan to postpone the A round of financing until the end of the year."
After speaking, Xia Jingxing explained, "With Amazon's money printing machine here, we will not be short of money in a short time."
Old John raised his eyelids, glanced at Xia Jingxing, and said, "You are pushing investors to competitors, aren't you afraid that your opponents will overtake us?"
"Even if we do accept investment, there is no shortage of other speculative investments on these sites.
There is not much money anyway, and the future of the social track is getting brighter and brighter, and 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 was succinct and clear. Facebook’s rejection of venture capital does not mean that it will invest in the enemy. The main reason is that it is too small.
The earlier it was, the more blind a few shots were.
Old John took a closer look, and that's true, that's how VCs play.
"I have no opinion. We can postpone the financing, but we must pay attention to the cash flow and the training of the team, which will lay a solid foundation for the next expansion."
Old John finished his statement, and Andrew nodded in agreement: "As long as users continue to grow rapidly and the company's development is not left behind, it does not require too many venture capital to endorse it.
You have only three million users and a dozen employees.
If tens of millions are raised and the team scale rapidly expands to several hundred people, then management will be a big problem.
It has to 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, it will be targeted sooner or later. "
Old man John smiled and said, "You can entrust lawyer Andrew to help you with this. I also know a few immigration officials here, and I can also help you."
Xia Jingxing hesitated for a while, without stating that he did not want to be naturalized, he only discussed the green card issue.
If you get a green card through investment, it takes five years to become a citizen.
When married to a U.S. citizen spouse, it is three years.
Green card holders who join the military can waive the three-year or five-year wait and can apply for citizenship immediately.
Xia Jingxing heard that many Asian Americans who became US soldiers were bullied badly, but there were still a large number of people who wanted to join the US military.
In his previous life, he also saw a report that a Chinese girl shouted to the coast guard of the motherland, not to mention that Lu Chaoran, a traitor who disguised himself as our army for sneak attacks on the Korean battlefield, was simply a national scum.
Anyway, after getting the green card, we have to wait another five years, so old John and Andrew did not ask about naturalization.
Xia Jingxing also deliberately did not explain, so as not to cause problems.
In another five years, Facebook may have grown into a behemoth.
At that time, I will cash out some or even all of the stocks, and return to China to build my hometown with US dollars. I was successfully selected into the list of "40 Returnees from China in the 40 Years of Reform and Opening-up".
Qing Shi left a name, isn't it fragrant?
The top is worthy of the ancestors, and the bottom is worthy of the land where one is born and raised.
Reliving a lifetime is just this pursuit.
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