America's Road to Fame

Chapter 538 Sorry, William
When Rick Walton came to William Chen's manor at the top of Hollywood's Beverly Hills, he had just sent the "Hermione" lady away.

It has to be said that this British actor who became famous at a young age and has always been labeled as a "scholarly talented girl" and "feminist fighter" has a side that is unknown in private.

Well, in terms of enjoyment alone, last night was not wasted - but it was just a taste of something new.

Rick Walton is still so well-dressed and meticulously haired.

William Chen couldn't help but think that when he first met him, he wandered around the flowers with Roger. At that time, William Chen thought of him as a playboy, but he didn't expect that this guy was just an infatuated kind mixed among the prodigal sons of the flowers.

After marrying Delfina, the eldest lady of the LVMH Group, she has been well-behaved.

"William, I have something to tell you first."

Seeing the slightly serious expression on Rick Walton's face, William Chen asked a little puzzled:
"What? About Zoom's financing?"

Zoom is currently in the A round of financing before the IPO, so after hearing Rick Walton's words, William Chen's first thought was this aspect.

"That's not true. Uncle Rob met me specifically yesterday, and he told me something."

Rick Walton sat on the sofa in front of William Chen and said to him:
"He hoped that I would return to the Wal-Mart Group, and promised to hand over the power of the Walton family to me after he retires."

This matter was somewhat beyond William Chen's expectations, but it made sense after thinking about it carefully.

Originally, Rick Walton's performance in Zoom has fully proved his ability, and now Wal-Mart Group is also facing competition from Amazon and Zoom in the e-commerce field.

So Rob Walton is really a brilliant move.

Since the acquisition of Zoom is hopeless, if Rick Walton can return to Wal-Mart Group, it is possible to merge Wal-Mart Group Zoom.

Even if this cannot be the case, it is obvious that Rick Walton has demonstrated his ability in the field of e-commerce, so he can use his experience to fight against the competition of emerging e-commerce companies against Wal-Mart Group.

I have to say that the opportunity to be in charge of such a behemoth in the retail industry as Wal-Mart Group is probably very tempting to most people.

However, based on William Chen's understanding of Rick Walton and his performance at this time, he can generally guess the opponent's choice, so he is not very nervous at this time.

"So how did you decide? Rick, I don't think you came to tell me today that you are going to resign from Zoom, right?"

Chen William looked at Rick Walton with a smile, and said to him a little relaxedly.

"I'm sorry, William. If you expected me to leave Zoom, I'm afraid you will be disappointed."

Having said that, Rick Walton couldn't help laughing and said:

"I rejected Uncle Rob, after all, I think Zoom is more suitable for me."

Although he had expected it, William Chen was still very happy when he heard Rick Walton's words. He made the right choice, which was also the choice he hoped for the most.

Therefore, this incident became a small episode before the conversation between the two.

Next, Rick Walton told William Chen about the current financing situation of Zoom.

At the beginning, when they decided to conduct the A-round financing before the IPO, the two decided that they would conduct this financing at a pre-investment valuation of US$500 billion.

At present, in the United States, the e-commerce field is mainly competed by Amazon and Zoom, while the market share of other e-commerce companies including eBay has been squeezed by these two leading companies, as the so-called boss and second child fight , it turned out that the third child died...

As far as the current situation is concerned, Amazon and Zoom have exchanges and mutual advantages.

In the North American market, Amazon still occupies the top spot, and its market share is still nearly 10 percentage points higher than that of Zoom.

But in overseas markets, Zoom has made progress.In the European market, Amazon is actually restricted by local countries, while Zoom relies on the connections of Rick Walton’s wife, Miss Delphine’s family, to overtake Amazon in the competition in the European market. prevail.

Including the Russian and Indian markets, Zoom also has a slight advantage over Amazon due to successful mergers and acquisitions.

In the market around Australia, Amazon is still ahead of Zoom with the advantage of earlier entry. However, because of the geographical location of Atlanta Island, the next goal of Zoom is to use this as a springboard to compete with Amazon in the surrounding areas of Australia. The company is encircled.

As for the Asian market, Huaguo owns the e-commerce giant Ali, so Zoom is wise not to enter rashly, but it also has development plans in Japan, South Korea and Southeast Asia.

However, the Arnault family's help to Zoom in Europe is not just out of friendship. In this A round of financing, their family will also join with some old European investment funds to join in and get a part of the total of 55 billion US dollars. share.

As for the other part of the share, it is reserved for the local capital of the United States.

The purpose of the financing before the IPO of Zoom this time is not only to raise funds to continue to expand the market and compete with Amazon, but also to hope to draw more forces into its own camp, so as to obtain better development conditions.

According to the original agreement, in Zoom, William Chen owns 60% of the shares, while Rick Walton owns 40% of the shares.

But the voting rights of the two are just the opposite, so the entire Zoom company is controlled by Rick Walton.

William Chen himself has no intention of snatching control of Zoom. Facts have proved that Rick Walton is very important to the development of Zoom, and there is no need for him to spend more energy on this company. It is enough to maintain a certain influence.

Therefore, he has already made a promise to Rick Walton before that he supports the use of AB shares in the company's equity structure when Zoom's IPO is listed, and that William Chen and Rick Walton will hold shares at that time. There are Class B shares with higher voting rights, and most of the Class B shares will be handed over to Rick Walton.

This promise is undoubtedly the reason why Rick Walton is willing to give up the temptation to run the Walton family, so he firmly chooses to stay at Zoom.

Therefore, many things have their own causes and effects. If you sow melons, you will reap melons, and if you sow beans, you will reap beans. In terms of business, William Chen will only focus on the fields he has designated, while other fields are more willing to hand over to more suitable ones. people do it.

(End of this chapter)