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Chapter 129 - Chapter 127 Gale Capital's harvest

Bezos, who claims to be somewhat shameless, finds it difficult to cope with this at the moment.

Great, please be sure to invest, win-win cooperation...

These words came out of Bezos's mouth without any hesitation, as if they were honed through long practice.

"Damn it, Bezos is worthy of being a Princeton University finance graduate. Wall Street's profit-first philosophy has been fully implemented throughout his life!"

"As long as there's profit to be made, he doesn't care about so-called arrogance."

"He doesn't care about the world's opinion at all."

Kyle sighed in his heart, feeling that he still needed to practice more in being thick-skinned.

Jeff Bezos' Amazon, what a huge enterprise it is!

In 2020, its market capitalisation exceeded $1.3 trillion, making it one of only three companies in the world to have a market capitalisation exceeding $1 trillion, surpassing only Microsoft and Apple. Its annual profits are enormous, easily catching up with the annual fiscal revenue of some small countries.

However...

Even so, Amazon still shamelessly receives annual subsidies from small and medium-sized enterprises in the United States.

Is this something a human would do?

Do you have any shame?

Bill Gates of Microsoft and Tim Cook of Apple couldn't do it anyway, but he did it!

Almost all citizens of the United States know that Amazon pays extremely low taxes every year, but receives high government subsidies for small and medium-sized enterprises.

Does Bezos care?

He believes in Wall Street's principle of "profit first" and doesn't care about these things at all!

Therefore, it is not an empty statement to say that Kyle and Bezos are birds of a feather. Just because of their shamelessness, they are naturally good friends.

In the following time, after visiting LinkedIn, Kyle and Bezos left and enjoyed a sumptuous dinner together.

"Kyle, you pay for this meal."

After ordering food at a restaurant,

Bezos suddenly said resentfully.

"Bezos, didn't you say you would treat me to a meal? Why do you want me to pay the bill? You must have taken the wrong medicine." Kyle curled his lips.

"I need to take medicine. But it's all because of you. After all, it was you who didn't let me invest in LinkedIn. I'm very hurt now and have suffered serious mental trauma. So you must compensate me, starting with this meal!" Bezos stared at Kyle with burning eyes.

Oh shit!

I've seen shameless people, but I've never seen anyone so shameless.

You are a billionaire and will even become the richest man in America in the future. You are so shameless.

Kyle looked at Bezos and smiled. "As a friend, I welcome your investment in the field. But how many Amazon shares are you willing to exchange for this?"

You are shameless, so I will do it to you too.

In fact, "Bezos treats me to dinner" will indeed be a joke that only some people will know in the future.

This happened in 2015.

After an internet summit, Bezos and Facebook founder Mark Zuckerberg dined together at a restaurant. Bezos asked Zuckerberg to pay for the meal. But Zuckerberg isn't exactly a kind person, and his shamelessness is well-known.

In the end, the two of them argued for a long time in the restaurant about who should pay the bill.

In the end, neither of them was able to convince the other, and they each paid the bill to end the argument.

The news of "Bezos treating us to a meal" was exposed by a media outlet the next day, drawing much ridicule. But in reality, Bezos and Zuckerberg didn't care about such things at all.

This shows how shameless the two of them are.

"Jeff, you are the boss of Amazon, and your net worth is several times that of mine. Even God would not tolerate you not treating me to a meal. Do you want God himself to come down to earth before you will pay the bill?" Kyle taunted.

If I bring up God, I'll ask you if you're afraid.

"Haha." Bezos said seriously, "Even God can't eat for free, right?"

Oh shit!

I still underestimated your shamelessness.

In the end, Kyle lost the battle over who would pay for the meal!

In fact, both Zuckerberg and Bezos are billionaires, and no matter how stingy they are, they don't mind these small amounts of money too much.

It's just a meal, who can't afford it?

The reason for arguing about these things is completely boring and just to add a little fun to life.

During the meal, Bezos finally told Kyle his purpose of looking for him.

"What?"

Kyle narrowed his eyes and said, "You mean to say that several shareholder representatives from investment banks have suggested that you speed up Amazon's expansion by directly acquiring several companies, or even through mergers and acquisitions? Achieving leapfrog development?!"

"That's right!"

Bezos said in a deep voice, "I don't approve of blind expansion. Even though my share of the company gives me absolute leadership of Amazon, I still hope you can support my decision at the board meeting. That's why I'm looking for you."

Kyle nodded.

In fact, Kyle agreed with Bezos's decision.

Expansion does not mean blind expansion!

In the original time and space history, one Internet company after another took advantage of the public and investment banks' pursuit of the Internet to expand their companies in the late 1990s. In a very short period of time, they created large companies with market capitalisations of tens of billions or even hundreds of billions of dollars.

Be famous for a while!

However, after the Internet bubble burst, those Internet companies that expanded aggressively and blindly went bankrupt one after another and lost their glory.

Amazon is different.

Although it suffered heavy losses and its market value plummeted during the Internet bubble, thanks to Mr. Bezos's steady and cautious strategy, Amazon has a high ability to resist risks and became the first company to achieve profitability during the Internet bubble, which is remarkable.

In this respect alone, Microsoft cannot compare.

Based on this, Amazon was able to stand out from several Internet companies and become a large company that attracts global attention!

Kyle said in a deep voice: "Bezos, just do what you want. I support you. As for those shareholders, let them die. Don't pay any attention to their nonsense."

Bezos felt relieved.

"My friend, I knew you would support me, thank you." Bezos smiled.

Kyle curled his lips and said, "Don't just say these useless things, you have to pay for this meal!"

"Haha, don't even think about it."

Well, he is still that shameless bald guy.

....

Time flies and it is already early October.

After some free time, Kyle returned to Wall Street in New York.

Gale Capital Investment Company.

"Boss, here are the financial reports for the past few days. Please take a look." Henry Jugenburg, the person in charge, handed Kyle a report.

Kyle nodded and took it.

In recent times, Kyle has not visited Gale Capital very often, but he will review Gale Capital's daily financial statements. Once there is a huge investment loss, Kyle will stop the operation immediately.

"Well, that's good. We made another $3 million in the past few days. Henry, tell the project teams to give them an additional 2% bonus in accordance with company regulations," said Kyle.

"Thank you, boss." Henry smiled immediately.

In fact, the reason why Kyle was so generous was that the profits created for the company by the company operators led by Henry met Kyle's satisfaction or even exceeded it.

Almost 50 days had passed since Kyle left Gale Capital in mid-August and gave them $20 million to operate on their own.

They made another $19.2 million profit for Kyle!

It's almost doubled.

"Henry, notify everyone and give them a short vacation of a few days," Kyle said suddenly.

"Well?"

Henry's eyes immediately fixed, and he asked tentatively: "Boss, are you going to make a big move after the holiday?"

Kyle didn't answer, but smiled.

...

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