Chapter 402 Rest and Business 6
Chapter 402 Rest and Business 6
They would receive 75 percent of that amount in profit sharing and the rest would be reinvested in the company, so Jake received $ 227 million and $ 700,000, and Matthew would receive $ 3 billion,415 million and $ 500,000.
Jake thought it a shame that Matthew was not confident in investing everything he had in Cisco stock like he would if he did that he could earn even more than $ 100 billion.
Of course, if he did that, they would have a significant percentage of the company's shares and that could interfere in the company's future when they sold everything, even so, Jake never intended to invest in Cisco again and just wanted to know how to earn as much as possible in 2000.
The biggest problem for Jake was that he couldn't just invest all that money in Amazon, otherwise, in the future, he would be guaranteed more than 60 percent of the company's shares because if he did that, the future he knew would change.
"So let's talk about the future of the company, we are developing the next digital camera putting the improvements you suggested, Jake, but this camera will not be as superior to the current one and sales will not be that good."
"That's right, in fact, the first camera that our company sold was just to let the market and consumers know about our company, this current camera is what we know how to do best."
"The technologies used in this camera were developed by our company and many components that are used to make this camera are also manufactured in our company."
"So the next digital cameras cannot be much better than the one we are currently selling, we have to improve its quality little by little and we have to be careful not to be overtaken by competitors."
Jake explained what he had already thought to Matthew and Oliver who thought it was true, after all, it was Jake who helped the company to have all these technologies much more easily, so it was reasonable that they could not improve much.
But that was not really true, Jake had the knowledge to greatly improve the technology of the cameras several times still until the quality of the camera is 8k, but many of these things were not possible with current technology.
So Jake thought it was best that they add things to the cameras that would make the customers they buy find interesting and that it was worth what they paid for, the real quality of the images would improve only slightly.
"Besides, I already said that we will probably sell just two more different models of cameras that will have such good sales, after that the camera technology in cell phones will start to appear and we have to be involved in that."
"This year, the current camera we have will still have a good sale, so at the end of next year, if possible, we can launch the next camera for a slightly lower price than the current one and warn in advertisements that the quality of the cameras is almost same."
Matthew and Oliver agreed with Jake, they had already talked about the business strategies they had and they knew that perhaps this was the digital camera that they would gain most from her sales.
In the next sales, it would not be so interesting anymore and those who already bought would not want to buy the new camera if the quality was almost the same, so they would have to depend on the company's brand to be able to sell a few billion dollars.