Wall Street Legend - Chapter 442

  Chapter 442 Merge?

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

   True enough, according to him, he has met with people from Walmart several times.

  How should I put it, Wal-Mart is indeed a good company, but if the two companies merge, Amazon will definitely suffer. As a shareholder, Ye Dongqing naturally doesn’t want Mr. Bezos to get his head wet and agree to such a stupid proposal.

The former has long been stuck in the bottleneck of development 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 skyrocketing , the current total market value is more than 22 billion US dollars, and the development space is huge.

   It happened that nothing happened. After hanging up the phone, Ye Dongqing asked someone to prepare the plane, and planned to go to Seattle to talk to Mr. Bezos in person, and then rushed back.

  There are more sons, and someone helps to take care of them. Even Laura, the mother, is very relieved. He has been tense recently, so it is good to go for a walk.

  Long Island is very close to JFK Airport. A few hours later, he landed in Seattle on the west coast. A convoy took him to Mr. Bezos’ home, ready 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 didn’t want to break up with the founder.

Owning your own private jet, you don’t need to worry about any travel expenses. In Ye Dongqing’s eyes, the distance between countries is infinitely small. So far, no country does not welcome him. The United Nations issued a book for him. An international passport that is universally used in the world, and by the way, I got a nominal position.

  In order to facilitate business operations for a group of executives, an order for six Gulfstream business jets was just placed at the beginning of the year, which is also one of the benefits promised to the executives before the start of the annual meeting last year.

   Now working under him is indeed a very honorable thing.

  Mr. Bezos is different. Ye Dongqing has gradually increased his shareholding in Amazon to his early thirties. If the merger is really completed, he will undoubtedly be the biggest loser.

It’s true that it can still make money, but the profit is bound to be lower than the original estimate. In his eyes, Amazon is expected to break through trillions of dollars in more than ten years, so he pays more attention to it and doesn’t care about money. Yes, but it’s not that he doesn’t want to make money There is no reason to give away the amazing wealth that is about to be acquired to others for nothing.

The wife who started a business with Bezos back then brought the children to show up and left after chatting for a few minutes. She was a knowledgeable woman who knew that Ye Dongqing would not come to the door without incident on this big night, so she took the initiative to leave a place for them. opportunity for conversation.

At nine o’clock in the evening, probably just came back after attending the party, Bezos said with a smell of alcohol at the moment, and said with a smile: “It’s a rare visit, Mr. Richest Man in the World, it seems that you are really not optimistic about this merger. , otherwise, why would you come 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, what a wonderful scene, not to mention a 100% premium Sixty, where can I find such a rich investor?”

   These leaves Holly have learned.

Based on Amazon’s current market value, Wal-Mart has offered an exciting price. The total premium is as high as tens of billions of dollars. Of course, it is traded in the form of most stocks plus a small amount of cash. kind.

   “It seems that Wal-Mart’s sweetness has broken through your psychological defense. Who said there is no such investor, as long as you nod, I can buy Amazon shares in your hand at this price, and it’s all in cash.”

   Ye Dongqing shrugged his shoulders and was not 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 not necessarily easy to sell.”

“Of course I know, but I don’t plan to retire yet. I just don’t think I should miss this opportunity. It’s good for everyone.” Bezos hiccupped, poured himself a glass of whiskey and added a lot of ice cubes .

“No, no, your intuition is wrong. Why use such a high-quality company to merge with an established company that is destined to have little potential? It 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 most of the shareholders have the same idea as me.”

Talking to Bezos who had been drinking, Ye Dongqing didn’t know whether this guy would ignore his own words, but one thing is for sure, no matter what, he would never let Bezos do such a stupid thing. If he really wants to go his own way, then he would rather liquidate all Amazon shares and turn to support other companies, such as eBay.

  Different from Apple, Bezos has the absolute right to speak in this company due to the different rights of the same shares. He can only give suggestions, but cannot directly intervene in the company’s development direction.

It is normal for the decision-maker to be dizzy. Being in the game all day, sometimes he will be blinded by various illusions unconsciously. After hesitating for a moment, Bezos replied: “You can often make the right decision. , but I still insist on my opinion that the merger is beneficial, and I will still be 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 by several times in a short period of time. Times!”

   “… But Amazon merged with Wal-Mart, is it still the current Amazon? You are too tired after drinking, I personally suggest that you don’t be impulsive, take more time to go out for a walk, and let’s talk after a break, OK?”

He didn’t take a sip of the poured wine. Seeing Bezos sitting there, he was ready to leave. He went to exchange opinions with other company shareholders and executives to prevent Bezos from being too impulsive and accidentally destroying Amazon. .

   Chatting with a guy whose head is still fanatical is definitely not a wise decision, and it is difficult to persuade him to turn back.

Mrs. Bezos is a more rational woman. When she sent Ye Dongqing out, Ye Dongqing talked to her. The content was nothing more than the disadvantages of the merger. She asked her to persuade her husband not to be impulsive, to take time off from the company to take a break, etc. .

Immediately afterwards, he drove away immediately, planning to find a random hotel to stay for one night, and then try to contact the guy after he sobered up. In addition, he also called several major shareholders of Amazon and told them about the various disadvantages of the merger. Nowadays, no one would ignore Ye Dongqing’s suggestion casually…

  (end of this chapter)