Wall Street Legend

I don’t know why, but Mr. Jeff Bezos seemed to be persuaded by people from Wal-Mart. At this critical moment, he actually came up with the idea of ​​​​merging with Wal-Mart.

It’s absolutely true, according to what he said, he has met with people from Wal-Mart several times.

How to put it this way, Wal-Mart is indeed a good company, but if the two companies merge, Amazon will definitely suffer. As a shareholder, Ye Dongqing naturally does not want Mr. Bezos to have water in his head and agree to such a stupid proposal.

The former has already fallen into a development bottleneck and can no longer bring much benefit to Ye Dongqing. If it was the 1970s and 1980s, he might have considered it, but now Wal-Mart's stock price has almost stagnated, while Amazon's market value is still rising rapidly. , with a current total market value of more than 22 billion U.S. dollars, and huge room for development.

It happened that nothing happened, so after hanging up the phone, Ye Dongqing had people prepare the plane, planning to go to Seattle to talk to Mr. Bezos in person, and then rush back.

With the addition of a son, someone would help take care of him. Even Laura, a mother, felt relieved. He had been nervous recently and it would be good to go out for a walk.

Long Island is quite close to JFK Airport. A few hours later, he landed in Seattle on the West Coast. A motorcade took him to Mr. Bezos’ home, preparing to persuade him to give up such a stupid idea.

Although he was sure to veto the proposal when the board of directors voted, he did not want to break up with the founder.

With his own private jet, he doesn’t need to worry about any travel expenses. The distance between countries is infinitely small in Ye Dongqing’s eyes. So far, no country has not welcomed him. The United Nations has awarded him a book An international passport that is universally accepted, and a nominal position by the way.

In order to make it easier for a group of senior executives to do business, we just placed an order for six Gulfstream business jets at the beginning of the year. It was one of the benefits promised to the senior executives before last year's annual meeting. It didn't cost much, and it was reimbursed by the company's finances anyway.

Working under him now is indeed a very honorable thing.

Unlike Mr. Bezos, Ye Dongqing has gradually increased his shareholding ratio in Amazon to over 30%. If the merger is really completed, he will undoubtedly be the biggest loser.

Yes, it can still make money, but the profit must be lower than the originally estimated figure. In his eyes, Amazon is expected to exceed one trillion US dollars in more than ten years, so he pays more attention to it and does not care about money. Yes, but it does not mean that he does not want to make money. There is no reason to give away the astonishing wealth that is about to be obtained to others in vain.

The wife who started a business with Bezos back then showed up with her children. After chatting for a few minutes, she left. She is a knowledgeable woman and knew that Ye Dongqing would not come to the door at this late night without anything to do, so she took the initiative to leave some room for them. Opportunity to talk.

At nine o'clock in the evening, he probably just came back after attending a party. Bezos spoke with a hint of alcohol and said with a smile: "It's rare to be a guest. Mr. the richest man in the world, it seems that you are really not optimistic about this merger." , otherwise why would we be here in such a hurry? In fact, if you think about it carefully, it is also good for us. Putting Wal-Mart's business online and sending people to deliver goods everywhere is such a wonderful scene, not to mention the 100% premium. Sixty, where can I find such generous investors?"

These leaves holly have learned.

Based on Amazon's current market value, Walmart offered an exciting price, with a total premium of over 10 billion U.S. dollars. Of course, it was traded in the form of most stocks plus a small amount of cash. From the current perspective, it does not matter. kind.

"It seems that the sweetness of Walmart has broken through your psychological defense line. Who said there are no such investors? As long as you nod, I can buy the Amazon shares in your hand at this price, and it will be all in cash."

After speaking, Ye Dongqing shrugged without being polite at all. He poured himself a glass of wine and continued: "You should know that market value is market value and cash is cash. It is easy to buy stocks with money, but it is not necessarily easy to sell them."

"Of course I know, but I don't plan to retire yet. I just feel that I shouldn't miss this opportunity. It's good for everyone." Bezos burped after saying that, and poured himself a glass of whiskey and added a lot of ice cubes. .

"No, no, no, your intuition is wrong. Why would you use such a high-quality company to merge with an old company that is destined to have little potential? You may make some money in the short term, but in the long run Look, this is a business destined to lose money, you should believe my vision, I think the vast majority of shareholders have the same idea as me."

Talking to Bezos who had been drinking, Ye Dongqing didn't know whether this guy would turn a deaf ear to his words, but one thing was for sure, no matter what, he would never let Bezos do such a stupid thing. If he really insists on having his own way, he would rather liquidate all his Amazon shares and support other companies, such as eBay.

Unlike Apple, Bezos has the absolute right to speak in the company due to the rules of different rights for the same shares. He can only give suggestions but cannot directly interfere with the company's development direction.

The decision-maker’s head is dizzy, which is normal. Being in the game all day long, sometimes you will be blinded by various illusions without even realizing it. After Bezos hesitated for a moment, he replied: "You can often make the right decision." , but I still insist on my opinion that the merger is beneficial. I will still be the person in charge of Amazon. You should believe in my ability. If we rely on Wal-Mart’s various channels, we can quickly expand the scale several times in a short period of time. Times!"

"...But is the Amazon that merged with Wal-Mart still the current Amazon? You have drunk and are too tired. I personally suggest that you don't be impulsive and take time to go out for a walk. We can talk after taking some rest, OK?"

He didn't drink a sip of the wine he poured out. When he saw Bezos sitting there, he was already ready to leave. He would first exchange opinions with other company shareholders and executives to prevent Bezos from being too impulsive and accidentally destroying Amazon. .

Chatting with a guy who is still crazy in his head is definitely not a wise decision and it will be difficult to persuade him to turn back.

Mrs. Bezos is a relatively rational woman. When she sent Ye Dongqing out, Ye Dongqing had a talk with her. The content was nothing more than the disadvantages of the merger, and asked her to advise her husband not to be impulsive, and to take time to leave the company to rest, etc. .

Immediately afterwards, he got in the car and left, planning to find a hotel to stay for one night and wait until the guy sobered up before trying to contact him. In addition, he also called several major Amazon shareholders to tell them about the disadvantages of the merger. Nowadays, no one will ignore Ye Dongqing's suggestion casually...