My Age of Investment

"Mr. Bezos, long time no see. How are you doing? I wanted to contact you two days ago. Tesla, which we invested in together, has made new breakthroughs in technology."

Bezos on the other end of the phone was suddenly confused. He was stunned for a few seconds before replying with a smile: "Tesla is an excellent startup company. It cannot achieve today's results without you, Darren." support.

Bezos Venture Capital does not invest much, but as long as you need it, Darren, we will continue to support you. "

Xia Jingxing laughed loudly. Lao Bei was a reliable person. Apart from the common shortcomings with himself and Gates, he didn't have any major problems.

But he could feel that Bezos had something else to do with him, probably about investing in Ahri!

"Darren, I heard that Facebook's IPO plan has been shelved?"

"Yes, the general environment is not good, so recently I have been thinking of ways to find new avenues for Facebook."

"Is investing in the Chinese market a new way for you?" Bezos on the other end of the phone spoke calmly, without any hint of likes or dislikes.

Xia Jingxing smiled and said: "Facebook cannot enter the Chinese market like Amazon, so we can only share the dividends of China's Internet through investment."

"Is it just the Chinese market?"

Listening to Bezos' slightly questioning tone, the smile on Xia Jingxing's face gradually faded, and he replied in a neither soft nor hard tone: "Our investment principle has always been not to interfere with the operation of the company, and the founders have great autonomy. right."

"Haha, Darren, don't be angry, I'm just asking."

Bezos changed the subject and said: "Actually, I called today because I heard that your IPO plan has been shelved, and I planned to give you a big gift."

Xia Jingxing listened quietly as Bezos continued: "Amazon and Facebook have always maintained friendly cooperation in the past, and both parties have benefited a lot from it.

Now Amazon has decided to expand its cooperation and sign a three-year, billion-dollar advertising contract with you.

By adding hundreds of millions of dollars in revenue every year, once Facebook restarts its listing plan or has already gone public, its market value will also increase. Darren, what do you think? "

The corner of Xia Jingxing's mouth raised slightly. It must be said that Bezos was very clever. He was testing whether Facebook had any plans to enter e-commerce or help Ali go overseas.

Secondly, if they agree to cooperate, Amazon will take over Facebook's e-commerce advertising, which will eliminate many uncertain factors. Amazon in three years will definitely not be comparable to Amazon now. By then, whether Facebook will enter e-commerce, If Shang or Ah Li goes to sea, the threat they pose will be much reduced.

Xia Jingxing secretly thought that if Facebook really had the energy to do e-commerce, it would go ahead and do it directly as Bezos said. Amazon only officially launched FBA last year, which means opening its own logistics service platform to third-party sellers and providing sellers with Picking, packaging and terminal delivery services, this service greatly enhances the enthusiasm and user experience of third-party sellers.

After three years, third-party sellers have already become a phenomenon on Amazon, and the development space left for other e-commerce players will shrink again.

It's a pity that Facebook's current priority is to deepen its social business and strive to go public. Although Jack Ma is dancing very happily, in fact, Ali has not had the strength to sail overseas on a large scale in recent years, and it is just a small business.

"You have to talk to Kristina about this matter. She is the CEO now, but I personally am very grateful to Mr. Bezos for his support.

I remember when Facebook was first established, Amazon generously provided its own logistics service platform, and our T-shirts were able to be sold all over the United States. "

Bezos smiled. He had basically figured out Xia Jingxing's attitude. As long as he didn't intrude into his own territory, then everyone would still be good friends!

After hanging up the phone with Bezos, Xia Jingxing called Kristina and gave a brief explanation.

Although Facebook does not plan to engage in e-commerce business for the time being, its cooperation with Amazon cannot be unreserved. At least it cannot be an exclusive cooperation. The cooperation with the Ali B2B website must be retained.

After hearing Xia Jingxing's arrangement, Christina frowned and said, "Can Bezos agree? He clearly wants to buy three years of peace with US$1 billion.

If we continue to support Ahri, why would he spend this money? "

"Negotiation must be a process of asking each other's conditions, and it can't be what he says.

You don’t have to worry about not being able to continue the conversation. Amazon is now in a critical period of transformation. Bezos is a very strategic person and will not allow too many unexpected factors to occur.

Ahri is just a B2B company and does not pose much of a threat to Amazon. As long as it does not shake Amazon's fundamentals, he should be able to tolerate any B2C or C2C activities. "

Kristina understands that now that Amazon cannot stop its expansion, the money that should be earned must be earned, but at the same time, it cannot extinguish the fire of e-commerce just because of making money, and Ali is its own fire of e-commerce.

Ahri wants to expand overseas, but lacks a heavyweight partner to provide support. Vision Capital and Facebook together hold 44% of Ahri’s shares, and SoftBank, a heavyweight shareholder who holds 20% of Ahri’s shares, has also become Facebook is a shareholder, so Facebook and Ali naturally have a good foundation for cooperation.

This is something that Amazon will never be able to provide. How can it agree with Facebook to carve up the cake of e-commerce business? Giving some advertising fees is the limit. Maybe there will be no advertising in the future.

…………

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"Darren, contact with Dropbox management failed, and Sequoia invested an additional $6 million."

In the office, Ricky, the head of Vision Capital's Silicon Valley office, was making a report with an anxious look. This was an important task assigned to them by the big boss some time ago. They thought they would get it, but it turned out to be a failure.

Xia Jingxing ignored Ricky and was concentrating on reading the information about the treasure chest.

The company was founded last summer. It initially developed a transparent file management system for Mac and Windows systems, synchronizing desktop files on the web, backing up files, providing file access anytime and anywhere, and more convenient file sharing and other services.

It is just a tool-based software, not a platform-based enterprise. However, its appearance at the "YCDemoDay" roadshow last year attracted the attention of Sequoia Capital, which provided it with an angel investment of US$1.2 million.

This year, the company began to launch functional services for transferring files between computers and mobile phones for Fuxing mobile phones and smart fruit phones. It immediately attracted the attention of Xia Jingxing, who acquired 91 Assistant and ordered the development of Fuxing Mobile Assistant. He began to arrange for Ricky to follow up on this company.

It’s not just that Duobaoxi has hit the mainstream, this company was also very famous in its previous life, especially its cloud storage business, which was equivalent to Baidu Cloud in China.

Putting down the documents in his hands, Xia Jingxing said with relief: "I can't blame you for this. After all, Sequoia is the only one in Silicon Valley, and they have already invested in an angel round and secured their spot in advance.

Sequoia has always been reluctant to share good companies. In order to compete for Google, it almost started a fight with people from Kleiner Perkins Caufield \u0026 Byers. "

As he spoke, Xia Jingxing himself laughed. The world is as dark as crows. Even though he likes to invest alone and bet on a company in multiple rounds, he actually learned it from Sequoia.

If there are too many failed projects in a fund, the only way to make money is from one successful company, so that the fund's return rate is positive, or even make a substantial profit. The secret is to invest in good companies all the way and never give up your seat.

In a naked business society, there is no such thing as respecting the old and caring for the young.

Xia Jingxing suddenly reacted, "No, this is the first project that Sequoia has robbed you of?"