Back To 1995: Chapter 643 Primer
Chapter 643 Introduction
Bezos’ heart skipped a beat when he heard Song Yang’s words. He couldn’t tell whether Song Yang’s words were intentional or not. Bezos had a feeling that Song Yang seemed to be more optimistic about Amazon than he was.
"Sure, Amazon will not let you down, Amazon will become the most valuable company in America in the future!"
Bezos was also in front of the camera, and said in a joking tone in front of the crowd, and everyone present also took it as a gimmick, or for the little leeks who bought Amazon stocks, Tell them that the two major shareholders, Song Yang and Bezos, will not easily sell Amazon's stock.
Song Yang and Bezos stood together for the financial media and reporters present to take pictures. Song Yang was not the first investor in Amazon, but he was one of the largest investors. Without Song Yang's assists , it is impossible for Amazon to stand out so quickly in the e-commerce industry.
"KPCB Venture Capital supports Amazon's transformation, and I have KPCB partners who will always support Amazon. Barnes & Noble is just a passerby of Amazon!"
After Song Yang, Bezos and a group of Amazon executives took a group photo and were about to ring the bell, John Dole, KPCB Venture Capital’s director of Amazon, said to the media, expressing KPCB’s support for Amazon.
Amazon started with books, and now in the field of books, its sales have almost surpassed Barnes & Noble, the largest bookstore chain in America. After its listing, Amazon can transform itself into retail, clothing, toys, electrical appliances and many other fields as long as it destroys Barnes & Noble in one fell swoop. .
Actually, Amazon started before. Amazon and eBay are the two major Internet sales platforms for Alcatel P1 mobile phone.
However, in the electrical appliance industry, Amazon can only be regarded as a small business. After its listing, as long as it completely defeats Barnes & Noble in the book field, Amazon will begin to transform.
John Dole said these words in front of so many media today, in fact, he wanted to express that KPCB is the one who supports Amazon!
Song Yang glanced at John Dole with a smile, walked up to the stage with Bezos and others and began to ring the bell. Bezos was not planning to come today, but with Song Yang's support, Bezos still led people Come to the scene, otherwise the big benefactor came, but he didn't come, it is really unreasonable.
When the bell was ringing, Amazon's code appeared on NASDAQ. This was witnessed by Song Yang. The fourth listed Internet company was the second one sent by Song Yang. And this month, In Song Yang's hands, there will be another company registered on Nasdaq!
After listing, Amazon’s issue price started to rise slowly from $18, but compared to the appalling performance of Netscape and Yahoo at the beginning, Amazon’s stock price performance on the first day of listing was not so violent.
The key point is that both Wall Street and Silicon Valley are somewhat vague about the future of the e-commerce industry. They don’t know what the future of this industry will become. Amazon, as the world’s first listed e-commerce concept stock, is now losing money It's a mess, and it's at war with Barnes & Noble.
"Congratulations, Bezos!"
Congratulations to Bezos and Amazon are heard endlessly, but the battle is much weaker than that of Netscape and Yahoo at the beginning. Even the battle of double-click listing is somewhat fiercer than Amazon.
"Director Bruno, what do you want to say to investors who bought Amazon stock?!"
The reporter of the financial channel of ICNC TV station seized the opportunity and raised the microphone to his big benefactor.
ICNC TV station is developing towards a TV group. This year, several professional TV stations will be established, including premium channels, entertainment channels, and financial channels. A team of financial reporters has been specially formed, squatting here in New York all the year round.
It is possible not to give face to other TV stations, but facing his own TV station, Song Yang is definitely impossible to refuse.
“The Internet will have world-changing companies, and Amazon may be one of them…”
Facing the camera of ICNC TV station, Song Yang played for Amazon. This scene was seen by countless viewers. Many people who didn’t pay much attention to Amazon also paid attention to it. I don’t know if it’s a coincidence or it’s really big. Yuan Zhong believed Song Yang's words, and as soon as Song Yang finished speaking, Amazon's stock price was raised to $21!
Song Yang is optimistic about Amazon, because he is optimistic about Amazon in a few years or even more than ten years, not the current Amazon. Whether these leeks who bought Amazon stocks can last until that day, Song Yang does not know...
After listing, Amazon’s stock price soared by 16%, and its market value also soared from US$650 million to US$840 million, which is about US$1 billion. For Amazon, this performance is absolutely calculated. There are many.
"Amazon went public today, and its current market capitalization has exceeded 840 million US dollars. The founder of Amazon, Bezos and his family, who hold more than 40% of Amazon's shares, are worth more than 300 million US dollars..."
As one of the American e-commerce duo that is as famous as Amazon, ebay is also watching Amazon's listing ceremony at the moment.
"Pierre, Song absolutely supports eBay. When eBay goes public, its market value will definitely surpass Amazon!"
Seeing that Amazon's market value began to soar, and Song Yang's words that Amazon can change the world, eBay CEO Whitman turned to eBay's founder and now eBay's technology president Pierre Omidyar said.
After all, eBay is considered "our own person". Song Yang holds 55% of eBay's equity, plus the North American Global Investment Foundation, Double-Click Company, Whitman and others all hold part of eBay's equity. They are all from Song Yang's side.
Instead, it is Amazon. After the listing, Song Yang’s equity has been diluted, and now he holds Amazon’s equity, which is less than 30%.
Hearing what Whitman said, Omidyar knew that she was afraid of herself, and there was a gap between Song Yang and Omidyar. Omidyar smiled and said to Whitman, "I understand!"
Omidyar is not stupid, now Song Yang is not only the major shareholder of eBay, but also in Song Yang's camp, eBay is a collection of thousands of favorites, there are double-clicks to advertise for eBay, ICQ, Xueleshan Online for eBay attracts traffic, PayPal provides payment services for eBay, eBay has now run out of America, and has established servers in North America, Europe, Eastern Europe and other places, and its user scale is higher than that of Amazon.
Turning against Song Yang, Omidyar can't see any benefits. He stays on eBay as the technical president. After eBay goes public, Omidyar will be famous, famous and profitable, and his value will soar a lot. Omidyar is from a technical background, and he feels that this model is the most suitable for him.
Omidyar has been in touch with Song Yang for so long, knowing that Song Yang is not the type of Wall Street that buys the company back and kicks the founder away. Song Yang has also acquired many companies now. , Alcatel mobile phone, Sierra Games, including eBay, Song Yang has kept the founders and main technical personnel of these companies. This is not only in Wall Street, even in Silicon Valley, it is rare.
Song Yang did not evade Omidyar and the others. Instead, he gave them decentralization and provided sufficient research and development funds. For Omidyar, who is a technical background, staying under Song Yang's hands is better than going to other companies to fight against each other. Many, even when he established eBay, his life was not as comfortable as it is now. At that time, he had to think about finding a funder for eBay every day, and try to attract users. Now these don't need Omidyar to have a headache.
Whitman was very satisfied with Omidyar's attitude. Omidyar didn't want to compete with her for power and profit, which saved her a lot of trouble.
“eBay has achieved a profit of 15.7 million dollars in the first half of the year, and this year may make a profit of more than 40 million dollars. If everything goes well, eBay will be able to list next year.
It’s not even just ebay, it may be able to join other companies to go public together! "
Whitman picked up a document and said to Omidyar that her current focus is basically on eBay. Although she still holds the position of double-click president, she is busy preparing to list eBay as well. At that time, Whitman will be the first professional manager on Wall Street to send both companies to NASDAQ!
Different from other loss-making e-commerce companies, eBay has always made money by collecting platform store fees, auction fees, and advertising fees.
Ebay's model will definitely limit the development of eBay, but now in the e-commerce industry, eBay is one of the few e-commerce companies that can make money back.
"This month, you will go to New York with me to attend the listing ceremony of ICQ!"
When Omidyar left, Whitman raised his head and said to him, when ICQ went public, all the company leaders in the Song Yang camp, as well as many figures in the Internet and technology industries, would basically support it. This time will also be the most grand listing in the Internet industry this year, or even in the next few years.
On the second day after Amazon went public, Bezos’s profile picture appeared on the cover of Time Magazine. The previous Internet users who appeared on the cover of Time Magazine were Anderson, Yang Zhiyuan, Song Yang and others.
Judging from Amazon's performance, it was not easy for Bezos to be on the cover before, but Time Magazine still gave Amazon this treatment. Time Magazine gave Bezos the title, with a somewhat teasing and expectant tone, "Is Amazon about to change the world?"
Obviously, Time Magazine put Bezos on the cover of the magazine more because of Song Yang, and most of the technology industry also took Song Yang's words as a joke.
"I will buy a lot of Amazon stock, and wait until ten years later to verify whether what Bruno Song said is true."
The editor of Time magazine wrote in the news about Amazon, "Amazon's market value will take time to verify, and Bruno Song's worth has increased by 250 million US dollars after Amazon's listing, and it will take another ten days. , and maybe that number will increase tenfold!"
(end of this chapter)