Chapter 1154 – Everyone wants to invest
When Alipay and Paypal were getting popular, Feng Yu received a call from Ralph telling him that those four banks insist on the share prices to be the same as the Fu Family. They are willing to spend 800 million USD, but they must get the same shares as the Fu Family.
Ralph is slightly ashamed for not completing the task given to him.
“It’s alright. Ralph, it’s very simple to raise funds. Just spread the word that Amazon is raising funds without getting listed, and many people will contact us. There is a major change in the company before and after Fu Rongqi’s direct investment. The company’s scale had increased and has a bigger market and more users. How can the share prices remain the same?”
What Feng Yu said is true. No one will feel they suffered losses when Amazon’s share prices doubled within two weeks after Fu Rongqi invested.
Fu Rongqi is also very grateful towards Feng Yu. He had made the right choice for choosing Feng Yu as the Fu Family’s long-term partner.
The Fu Family has been doing business for many years. When contracts are not commonly used, the Fu Family does business by trusting the other party.
Slowly, trust becomes a favor. When someone helped them, they will return the favor during their next cooperation by giving the other party more benefits.
When they gave the other party more benefits, the other party will return the favor in their next deal. This process will repeat repeatedly, and the relationship between the Fu Family and the other party becomes closer.
For example, many influential families in Hong Kong are working together because of this reason. All of them are old friends, and many deals take place over a phone call. I need your help, but I will not let you suffer any losses. Of course, when you need my help, just give me a call.
Don’t think such ‘interpersonal favors’ only exist among the Chinese. Many countries in the world also have this practice. When LA Wind and Rain team was still Clippers, their Boss, Donald, is very close to the Buss, and Donald lends Buss money to buy Lakers at that time.
When Donald faced cash flow problems with his real estate business in LA, Buss prepared funds to help Donald with only a phone call. Many people will think that Americans only believe in contracts, but they also trust old friends.
Fu Rongqi felt Feng Yu is generous, and Feng Yu also thinks the Fu Family had treated him well. The Fu Family had helped him when he needed help and will support him with just a phone call. Even without Feng Yu, the Fu Family can still remain one of the top Hong Kong families with Fu Rongqi’s experience.
Of course, Feng Yu trust the Fu Family is also because Fu Guangzheng is his friend. Kirilenko and Fu Guangzheng can be considered as Feng Yu’s best friends. Their status might even exceed his childhood friend, Wen Dongjun.
Kirilenko and Fu Guangzheng are friends who can go into a business venture over a phone call. They trusted each other and knows the other party will never cheat him. But Feng Yu needs to go into details when going into business ventures with Li Zekai and the rest.
……
Ralph followed Feng Yu’s instructions to spread the news of Amazon is seeking another round of direct investment. Many people, including many famous financial institutes, are interested.
To Feng Yu’s surprised, Li Zekai called and told him the Li Family wants to buy Amazon’s shares.
Feng Yu is troubled.
Although Feng Yu and Li Zekai are not best friends, they are close and have many business ventures together.
Feng Yu hopes to raise more funds from this round of direct investment. But if Feng Yu sells the shares at prices doubled of what he sold to the Fu Family, he will be offending them.
It’s fine if it is Li Zekai, but Feng Yu still wants to maintain his relationship with Superman Li.
Superman Li’s nickname as the King of the World’s port is true. Sea freight is still the main form of cargo transportation in the world. Controlling the ports is equivalent to controlling the enormous profits behind it!
When Feng Yu and the rest were targeting those Japanese companies, Superman Li had ordered his ports to forbid Japanese firms’ goods to enter his ports, resulting in massive losses to those companies.
Superman Li has a high political status in China, and Feng Yu is wary of this.
Donald Trump had also approach Feng Yu. The real estate value in New York kept increasing, and he had almost cleared his debts. Of course, he still has some bank loans to repay, but the banks are not in a hurry to recover the debts because Trumps still has lots of properties in New York.
Although Trump seldom invests in internet companies, this company is different. The main shareholder of this company is Feng Yu. When all other internet companies are losing money in this financial crisis, Amazon can maintain their profits. Just this reason alone showed the potential of this company!
Feng Yu also cannot reject Kameda Masao, Heitaro Nakajima, Zhong Qingxian, etc.
Feng Yu is surprised that so many people are interested despite setting such a high price. Kameda Masao and the rest had never expressed interest in Amazon before. Kameda Masao knew the share prices of the first round of direct investment, but he still wants to invest in the second round when the price had doubled.
Since everyone is interested, Feng Yu might as well limit the direct investment to his friends. Just nice that many people are involved, and he is not worried about the Li Family misunderstood him. The price of the second round must be different from the first round.
When Feng Yu announced the direct shares offering to Tai Hua Holdings and Wind and Rain Holdings, he realized everyone wants to purchase more shares than what Amazon planned to release.
Feng Yu does not want to issue so many shares, as this amount of fund is enough for Amazon’s expansion. The next time Amazon requires funds, it should be about time for Amazon to get listed.
So, Feng Yu told them that the direct share offering this round is limited and discussed to reduce the number of shares they wanted by half.
Everyone agreed to Feng Yu’s pricing of the shares, and Feng Yu asked Kameda Masao why he didn’t buy the shares earlier?
Kameda Masao told Feng Yu that he thought Feng Yu uses this direct offering to cooperate with those US banks. After knowing that Feng Yu will not cooperate with those banks, he will not let the opportunity off.
This reason made Feng Yu felt sorry. Why didn’t he thought about offering this money-making opportunity to his friends earlier? These people are all tycoons now.
Feng Yu decides to inform his friends first in the future and let them know that everyone will make money if they follow him..