June 26th.
At the UPN television network's exhibition centre, Kyle, chairman of Golden Dawn Entertainment Group, and Jeff Bezos, president of Amazon, officially signed an equity swap agreement in the presence of numerous American media outlets.
Kyle's ICQ shares fell from 35% to 20%, and he exchanged these 15% ICQ shares for 8% of Amazon's shares.
This equity swap does not involve any cash transaction, but the equity value involved is no less than US$40 million.
Kyle also became a shareholder of Amazon's listed company!
The proportion of personal shares is second only to Bezos, making him the second-largest individual shareholder of Amazon;
In terms of equity share, it ranks fourth among Amazon's shareholders and investment banks, second only to Citigroup and FedEx. It then joins Amazon's board of directors and becomes a standing shareholder.
After the contract was signed, the next question came from a group of reporters.
"Hello, Mr. Bezos. I'm Chris Medford, a reporter for the Wall Street Journal. I'd like to ask you what led you to choose to exchange ICQ shares with Mr. Page?"
A female reporter in her 30s asked the first question.
The Wall Street Journal is one of the most famous financial newspapers in the United States. With a century-old history, it is also a well-known presence in the world.
Wall Street Journal reporter Chris Medford, who attended the signing, is no ordinary person. She has interviewed financial and internet giants like Warren Buffett, George Soros, Bill Gates, and Larry Ellison.
"Ahem!"
Jeff Bezos stood confidently at the podium and said, "Reporter Chris, this is our second meeting. I can tell you and all the media reporters present that Amazon invested in ICQ because we are optimistic about its development."
"ICQ has become the largest instant messaging software in the United States and even in North America. Even in Europe, Asia, Australia and other places, the number of users is increasing day by day."
"In that case, why shouldn't I join in?"
"As we all know, Amazon is the largest online book trading mall in North America, with a huge number of books. Every day, people from all over the United States buy their favourite books through our Amazon mall."
"So why don't we allow people from all over the world to buy books through Amazon?"
As soon as the words fell, the whole audience boiled over.
Global strategy!
That's right, all the media reporters present understood Amazon's big appetite at this moment. It wants to become a global Internet giant!
You have to know that in the 1990s, whether in the United States or other countries in the world, once a company was named a "multinational corporation", its stock price would naturally be highly anticipated and its market value would soar.
Now that Bezos's remarks have come out, his stocks on Nasdaq will surely soar tomorrow.
"Bezos, he's such a smart guy. No wonder Amazon's single share will be so expensive in the future." Kyle's heart moved.
The value of a single share of Amazon's stock will be among the most expensive stocks in the world in the future.
The value of a single share of stock exceeds US$2,000;
Of course, its single-share value is much more expensive than Microsoft's and Apple's.
Firstly, investors are optimistic;
Secondly, the number of shares it issued is only a few hundred million or even billions.
Unlike Microsoft, which continues to issue additional shares, in 2020, the number of shares issued by Microsoft was as high as tens of billions of shares. Therefore, the value of a single share will naturally be lower.
"Mr. Page, I'm a reporter from Bloomberg, and I'd like to ask you a few questions.
"A reporter stood up and asked.
"Of course." Kyle would naturally not refuse.
Answering reporters' questions is a great time to show off. Did you see Bezos showing off just now? Kyle naturally couldn't let Bezos dance alone.
Who doesn't know how to show off?
What's more, the reporter asking the question now is from Bloomberg, the world's largest financial information company.
....
At this point, Kyle's share of ICQ's equity has been reduced to 20%.
It looked like Kyle was taken advantage of by Bezos, but he got 8% of Amazon's stock.
Even though ICQ is now far more powerful than it was in its original universe, Kyle still believes Amazon will be even more powerful in the future. Of course, even if ICQ could rival Facebook, it still wouldn't be as powerful as Amazon. After all, it's one of only three companies in the world with a market capitalisation exceeding $1.3 trillion.
Bezos's shares in ICQ made up for his disadvantages in the instant messaging field and also allowed him to develop Amazon globally.
Overall, this equity swap was a win-win for both Kyle and Bezos.
Win-win!
....
It took a few days.
Icq's Series B financing has also officially started.
To quickly capture the global market, ICQ needs more financial support and more powerful allies to support it, so the B round of financing is very urgent.
You know, in just a few months, capital from many countries has created their instant messaging software with their national characteristics.
Of course, Icq can't tolerate it!
Even if ICQ President Weisger could tolerate it, Kyle would not agree!
Of course, the other shareholders of ICQ, such as Microsoft and Goldman Sachs, will not agree!
"Jeff, I told you that you made a fortune. Look, you just joined the ICQ board of directors and are facing a round B financing. Your 15% will appreciate a lot. No, you have to compensate me." Kyle said to Bezos.
Upon hearing this, Bezos almost called Kyle shameless on the spot.
"Kyle, don't even think about it. It's not that easy to take advantage of me." Bezos curled his lips.
"Haha, you are such a boring person. I'm just saying." Kyle turned his head away.
Yes, Kyle plotted against Bezos.
As a director of ICQ, Kyle naturally knew that ICQ was going to expand its shares for financing, but Bezos didn't know!
Bezos is now facing the problem of seeing his shares diluted just after joining ICQ.
Of course, from a legal perspective, concealment is illegal!
But Kyle and Paul Goodman had already avoided these risks in the contract and also noted many of them in the supplementary agreement.
Therefore, Kyle was not afraid of Bezos's anger at all!
This meeting was crucial before the official start of Series B funding, so shareholder representatives from Microsoft, Goldman Sachs, Sequoia Capital, News Corporation, and HP Computer also attended.
Meeting topic: Are you raising funds shortly?
Agree or disagree?
The final answer is of course that the majority of votes are in favour!
Representatives from Microsoft, Goldman Sachs and other parties are eager to raise funds more often, so that they can not only attract more allies but also increase their shareholding ratio in the additional investment stage.
It's just money!
They don't need that stuff!