Chapter 143: 134. Twitter Negotiation
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Sandro's mind raced. This wasn't just an investment; it was a calculated move with far-reaching implications. "Dad, this is huge. Just keep me updated, okay? And remember, this is just the beginning. We've got to think long-term here."
"Always," Jack replied. "I'll keep you in the loop. Now, get back to training. I knew that War Games was just around the corner."
Sandro chuckled. "You've got it, Dad. Good luck tonight."
The call ended, and Sandro felt a renewed sense of purpose. While he was focused on proving himself in the ring, his father was making moves in the corporate world that could shape their future.
Meanwhile, in San Francisco, Jack was arriving at the international airport with his investment team. After stepping off the private jet, he turned off his iPhone and gathered his thoughts. The stakes were high, and the meeting ahead represented months of careful planning and negotiation.
The team checked into a luxurious downtown hotel before heading straight to Twitter Headquarters. Jack's demeanor was calm but purposeful as they approached the modern building.
Inside, Twitter's founders, Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams, were waiting in the lobby, a casual yet professional air about them. They stood as Jack and his team entered, extending warm greetings.
Jack shook hands with each of them, a firm and confident grip matched by a genuine smile. "Gentlemen, thank you for taking the time to meet with me. I've been looking forward to this discussion."
Jack Dorsey gestured toward a sleek conference room just off the lobby. "The pleasure's ours. Let's talk."
Inside the room, the atmosphere shifted to one of focused determination. Charts, graphs, and projections lit up the screen as both teams laid out their visions.
Jack's presentation was sharp and forward-thinking, emphasizing Nexum Core's commitment to innovation and strategic growth. He painted a picture of a partnership that wasn't just about financial investment but shared goals of redefining the future of communication and social media.
As the hours passed, the discussions grew more detailed. Noah Glass spoke passionately about the origins of Twitter, while Biz Stone and Evan Williams shared insights into the platform's trajectory. Jack listened intently, asking probing questions and offering ideas that showcased his deep understanding of the industry.
When the time came to discuss numbers, the room grew quieter. Jack leaned forward, his tone measured. "We're prepared to make an initial investment of $200 million, with a focus on securing a 15% stake. This isn't just about capital; it's about collaboration. Nexum Core wants to be a partner in innovation, not just a shareholder."
The Twitter founders exchanged glances, impressed by Jack's confidence and clarity but at the same time letting more shares go was also something big, especially since they were in preparation for IPO. Dorsey spoke up. "That's a significant offer. Let's dive into the specifics."
Jack's offer hung in the air, a mix of anticipation and tension filling the sleek conference room at Twitter headquarters. The $100 million investment, the largest single fund ever proposed for Twitter, had been carefully calculated. For Jack, this wasn't just a financial maneuver but a strategic leap into the future of communication and media.
Jack Dorsey leaned back in his chair, his expression thoughtful but tinged with optimism. As a financier with a clear vision of the potential for social media, he saw the undeniable benefits Nexum Core's investment could bring.
"Fifteen percent for $100 million is significant, yes," Dorsey began, his voice measured. "But it's an opportunity for us to propel Twitter to new heights. With Nexum Core's resources, we're talking about server expansions, new features, and pushing the app's performance beyond what's currently possible. The timing couldn't be better with our IPO on the horizon."
Across the table, Noah Glass, Biz Stone, and Evan Williams exchanged wary glances. They understood Dorsey's reasoning but couldn't shake their reservations. The IPO was their chance to establish Twitter's independence and solidify their vision. Parting with another 15% of their shares felt like a heavy cost, one they weren't sure they could justify.
"I understand where you're coming from, Jack," Evan said, his tone cautious. "But giving up this much equity before an IPO? It's not a decision we can take lightly. We've worked hard to keep control of Twitter's direction, and adding a major stakeholder changes that dynamic."
Noah nodded in agreement, his arms crossed. "We're not against outside investment, we've welcomed it in the past. But this deal would put Nexum Core among the top shareholders. We need to be sure that aligns with our long-term vision."
Jack, ever composed, leaned forward. "Gentlemen, I respect your concerns, and I don't take this lightly either. But let me be clear: Nexum Core doesn't want to run Twitter; we want to empower it. My team and I see your vision, and we want to help amplify it. With this investment, you'll have the capital to not only enhance your current infrastructure but also innovate in ways you've only dreamed of. And let's not forget, this kind of backing will make your IPO not just successful but groundbreaking."
Jack Dorsey, sensing the hesitation from his co-founders, chimed in. "This is more than just numbers. Think about what we could achieve with this kind of partnership. Nexum Core's expertise in finance and technology could be the key to scaling Twitter at the pace we need, we could see from their portfolio of investment in technology sectors they had one."
The room fell silent for a moment, the gravity of the decision weighing heavily on everyone. Jack saw an opening and pressed further. "I've done my homework. With $100 million, you can expand your server capacity, improve app functionality, and roll out features that will set you apart from competitors. This investment isn't just money; it's momentum."
Biz Stone, ever the mediator, spoke up. "I see the potential, Jack, but what assurances do we have that Nexum Core's involvement will remain collaborative? We've worked hard to build Twitter's identity, and we need to protect that."
Jack nodded, appreciating the question. "You have my word. Nexum Core is not here to dictate; we're here to support. We're investing in you because we believe in what you've created. Any ideas we bring to the table will be just that—ideas. The final decisions will always be yours."
Noah's skeptical expression softened slightly, but he remained guarded. "It's a compelling pitch, Jack. But we're not just thinking about the present. We need to consider what this means five, ten years, even twenty years down the line."
Jack Dorsey interjected again, his tone firm yet understanding. "And that's exactly why this investment makes sense. The market is evolving rapidly, and if we don't act now, we risk being left behind. With Nexum Core's backing, we'll have the tools to stay ahead of the curve."
Jack's calm yet persuasive demeanor began to sway the room. He could see the gears turning in the minds of the other founders. It was clear that Dorsey was on his side, but the collective agreement was crucial.
After hours of deliberation, including revisiting projections and discussing potential scenarios, the tension in the room began to ease. Noah leaned back in his chair, exhaling deeply. "Alright, let's say we agree to this deal. What's the next step?"
Jack allowed himself a small smile. "The next step is finalizing the paperwork. My legal team is ready to move as soon as we have your go-ahead. From there, we'll work together to determine the best allocation of funds and set clear milestones."
Biz, still cautious but more open, nodded. "If we're doing this, we're doing it right. Transparency and collaboration are non-negotiable."
"Agreed," Jack said firmly. "This is a partnership, not a takeover." as Jack said so, he added some words to his thought, at least for now, because he would take over all the company that he had invested in, or at least become the biggest shareholder to have full control.
Evan, who had been quiet for most of the discussion, finally spoke. "Alright, let's do it. But we're holding you to your word, Jack. This is about making Twitter better, not just bigger." Jack extended his hand, and one by one, the founders shook it. The deal was done.
After shaking hands, the atmosphere in the room shifted from tense negotiations to a mixture of relief and excitement. Jack gestured toward his assistant, who immediately retrieved a stack of neatly organized documents from a sleek leather briefcase.
"These are the agreements we've prepared," Jack said, sliding them across the table to the Twitter founders. "Once signed, we'll formalize everything and move forward with the allocation discussions."
Noah, Biz, Evan, and Jack Dorsey leaned in, reviewing the terms. The legal jargon and meticulous details reflected the care and precision both sides had brought to the table. Jack Dorsey, being the most financially savvy among the founders, took the lead in reading through the fine print, nodding as he turned each page.
Satisfied, Dorsey spoke up. "Everything looks in order. I think we're good to proceed."
One by one, the founders signed, their pens moving swiftly but deliberately. Jack then took the pen, his signature bold and confident, sealing Nexum Core's 15% stake in Twitter. His legal team followed suit, notarizing the documents and ensuring copies were distributed to all parties involved.
Jack leaned back in his chair with a satisfied smile. "Gentlemen, it's official. Nexum Core is now part of Twitter's journey. I can't wait to see what we accomplish together."
The group exchanged a round of handshakes, the tension of the day giving way to a lighter mood.
With the deal finalized, the discussion shifted to the allocation of the $100 million investment. The atmosphere remained serious but tinged with optimism as both sides exchanged ideas.
"First and foremost," Jack Dorsey began, "we need to address server expansion. Our current infrastructure has been pushed to its limits with the growth we've seen. If we want to maintain reliability and scalability, this has to be a top priority."
Jack nodded in agreement. "Absolutely. From what I've seen, this is a critical area. Let's earmark $30 million for server upgrades and expansion."
Biz Stone chimed in, "We also need to look at the app. The iPhone version is doing well, but there's room for improvement. A seamless, intuitive user experience will keep us ahead of competitors. Plus, we need to start thinking about other platforms that would come out, now that iPhone has changed the world."
"Good point," Jack said. "Let's allocate $20 million to app development. That should give you the resources to not only enhance the current version but also begin developing for other platforms."
Noah leaned forward, his enthusiasm evident. "And what about new features? We've been talking about rolling out a retweet function, hashtags, and other tools to encourage engagement. This could be the perfect time to make it happen."
Jack raised an eyebrow, intrigued. "A retweet function? Hashtags? I like the sound of those words. Let's put $15 million toward feature development. I'd recommend a phased approach so you can gather user feedback and iterate as needed."
Evan spoke up, his tone measured. "We should also consider marketing. With the IPO coming up, we need to amplify our presence and build excitement. A strong campaign could make all the difference."
Jack nodded thoughtfully. "Marketing is key, especially with the IPO on the horizon. Let's allocate $20 million there. Focus on highlighting Twitter's unique value and showcasing how it's changing the way people communicate."
The final $15 million was set aside as a contingency fund, giving Twitter the flexibility to address unforeseen challenges or opportunities.
As the clock ticked past 9 PM, the meeting wrapped up. Jack rose from his chair, extending his hand once more to the founders. "Thank you for your time and trust. I'm confident this is the start of something extraordinary," Jack said, his tone warm but resolute. Jack Dorsey smiled, his handshake firm. "Likewise. Let's make it happen."
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Name: Alessandro Zhang
Age: 19 (2009)
Birthplace: Orlando, Florida USA
Brand: FCW
Wrestling Style: Mixed Of All Style
Faction: Dragon Boom (Tag Team)
Championship History: 1x FCW Tag Team Champions