Wall Street Legend

Chapter 250: Chores (3/4)

   Chapter 250 Miscellaneous (34)

  Since Freshwater Fund invested, Amazon’s stock price has been rising quite well. This does not mean that it is smooth sailing. With the expansion of scale, many problems have begun to surface.

Funding is just one of them. Amazon is burdened with a lot of debt, and those debts need to be repaid with interest. At present, there is no need to worry about the security of the capital chain. What really needs to be paid attention to is how to increase the number of users. In more and more cases, we provide them with better services, and further expand the market, winning the markets of certain countries in Europe and Asia, including Canada, Australia and other countries.

  Looking back, in July 1995, "Amazon Bookstore" was officially launched. It is known as the largest bookstore on the planet, and nearly one million books were sold in it. However, there were only nine Amazon employees at the time, including Jeff Bezos and his wife. That year coincided with the first wave of the Internet bubble in the United States. Even if the online bookstore showed some bright prospects, investors were also Be cautious and don't want to invest too much in him.

It’s funny to say that Amazon at that time displayed nearly a million books on the website, but actually had zero inventory. After the user placed the order, Bezos and his employees went to the publishing house to buy the book, and then sent it out. It is hard to imagine that such a company has such a huge scale today.

In 1999, Amazon successfully raised nearly 2.2 billion U.S. dollars, expanded its business scope, and began selling toys and electronic products. Later, it also established seven logistics centers in the United States and Europe, and launched recharge cards to facilitate online shopping. .

However, when the Internet bubble burst and Amazon was in trouble for a while, Bezos had to stop some online commodity warehouses and distribution centers under construction to get a chance to breathe. The market value was cut by about four-fifths. Rejuvenate.

Jeff Bezos once worked on Wall Street, and he has a strong Wall Street "stigma", such as decisiveness, sociability, clear thinking, etc., especially in the pursuit of money. Will spend more time thinking about how to make money, Ye Dongqing has to admit that Amazon has made a lot of changes during the period after his investment, and has been continuously optimizing under the leadership of Mr. Bezos .

At this moment in 2004, the scale of Amazon’s business was still not large, and the products sold were mainly concentrated in those areas. Major categories such as household products, baby products, beauty products, food, etc. were being launched one after another, and the scale of logistics and warehousing was increasing. The cost has also increased, which is why Mr. Bezos complained to Ye Dongqing just now.

Amazon is no longer a small company. It provides services to more than 20 million users, and the daily orders are not small. This makes Amazon's executives a little bit at a loss. The logistics layout planning that was suspended in the past has recently been put on the agenda. , And started construction, which is why Amazon urgently needs itself in the near future, and the company's profits are far from being able to make up for the loopholes.

Ye Dongqing didn’t tell the truth. He really doesn’t know much about the online shopping mall industry, but he knows a lot more than the current Mr. Jeff Bezos. In his opinion, if you want to stimulate the company’s profits and reduce expenditure, you should also consider open source , and he happened to know a few good solutions, such as cloud service programs that match various types of goods to users. These can already be tried and developed. Using a large number of transportation robots in logistics warehouses is also a good way to save money. And not lazy.

There is a solution, don’t worry too much for the time being, Amazon is facing less competition now, it doesn’t matter if it is a little later, so as not to make Amazon’s cash flow more tense, Ye Dongqing wants Mr. Bezos to realize that he is a useful partner, In this way, he can avoid being marginalized in future development, and it is more in his personal interest to throw out a good idea from time to time.

  ************

Laura went to London and continued to go back to school to study. Because of participating in the Victoria's Secret catwalk, she was already a well-known celebrity in school, which caused many men to pursue her overwhelmed Well, to be honest Laura is getting a little annoyed by this.

In her heart, Ye Dongqing may not be handsome enough, and she is quite playful, but that kind of mature and confident temperament is definitely something that these young people at school can't learn. So far, Laura has not known any peers in their twenties who are more successful than Ye Dongqing, and even in their thirties, there are not many who can reach that height.

In the past, she would be angry because of Ye Dongqing's flirtatiousness, but now it's all right. Laura thought that she had become the kind of girl whose private life was chaotic, and she blamed herself deeply for this, and regretted that she shouldn't drink too much that night. Many Coke's Long Island Iced Tea cocktails, paired with some green apple juice, taste pretty good. I didn't expect the alcohol to be so strong, and the alcohol is covered by the sweet taste. If Laura drinks a lot, she must know about it .

She didn't know who the man was that night, and she even guessed about Leonardo DiCaprio. This kind of thought made her feel better, after all, at least it wasn't some old, bald old man , In recent days, I have been struggling with whether to call my colleague Gisele Bundchen. Laura clearly remembers that she was the girl who slept on the same bed with her that day.

I thought about talking to Ye Dongqing, but in the end I decided to hide it. I blamed myself many times for this. Yes, from her point of view, concealing it is indeed the best move at the moment. I am worried that I will be photographed that night. What.

  Ye Dongqing didn't expect that after he left her that day, he would let Laura fall into such a difficult predicament. Men should be more open-minded about such things, and it is impossible to take the initiative to mention it to Laura.

So, Laura found a relatively lame reason, called Gisele Bundchen, pretended to care about her relationship, asked around the bush what happened after their quarrel that night, and said that she drank too much and went with her Go to the room or something, otherwise there is no way to continue asking.

Miss Bundchen didn't remember much, or she had no memory of what happened after her breakup. Thinking of her breakup, she burst into tears in an instant, and complained to Laura on the phone, saying that she would never get back together again. A scumbag and so on.

  Laura rolled her eyes angrily. She didn't care about Bundchen's emotional entanglement at all, but she was too embarrassed to hang up the phone. It took more than half an hour to get relief...

  (end of this chapter)

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