Chapter 285 Small Vacation at Home 3 (2/2)
Jake still had over 10 million dollars that he had left out of last year's earnings share plus the sponsorship he received in those 4 months and that profit share Jake had now 62,982,500 dollars in the bank.
Apart from all the money he had invested in the stocks, it was a lot of money even thinking normally, but the amazing thing was that Matthew was much richer thanks to Jake's counties, with this profit share that each would receive half Matthew would have more than 785.7 million dollars.
More than twice as much as he could with the sale of his company two years ago, the most incredible was that he had almost the same both in shares of the Cisco company that Jake invested last year he had now 717 million dollars After having invested only 300 million dollars in the beginning.
Taking away his shares of the company Matthew had a patrimony of more than $1 billion after listening to Jake's counties in just a few years, Matthew even believed that this value would still multiply in the coming years.
”I just have to thank you, Jake, I saw that my investments had almost doubled in value in just 1 year in the stocks that your company invested, I won almost the same as half the profit received from the company.”
”Then you should invest the same much that year, in a few years you would be much richer.”
Jake was thinking of Matthew's good when Jake sold all the shares he had and that the investment company had they would often get the amounts invested, if not for Jake investing in Amazon that in more than 20 years would be worth billions of dollars he would have invested in the company.
”I think better not, do not need to get too rich, the money I have invested already makes me very happy.”
Matthew refused with this excuse, but Jake knew well why Matthew did not want to invest more, he relied heavily on Jake and Oliver and so gave them 300 million dollars to Jake's company investing in stocks, but Jake insisted that they could not sell before they Jake wanted to.
Matthew at first did not care and accepted this as well as Emily's father and the other investors a few years ago, but after little has these actions valued twice the value if it were not for this agreement Matthew would have sold his shares right now.
Emily's father and the businessmen who invested first also wanted to sell the shares they had, but the deal didn't allow it, they even tried to talk to Emily privately to convince Jake to sell the shares.
Fortunately for Jake, Emily was very honest and totally believed in Jake and even told what the entrepreneurs were wanting, Jake had made this deal for their good and for them not to lose money and even for the bubble not to burst Before the hour if they sold billions of dollars in stocks ahead of time.
They were not afraid of losing a few million, but when that value was valued for hundreds of millions of dollars they were increasingly afraid of losing, the same happened to Matthew.
Another point that neither Matthew nor the initial investors were happy was that Jake would stay with 10% of the stock sale, at first they accepted it and found it fair, but the more the stocks valued less they liked to divide 10% with Jake.
Jake knew that and would not insist on this matter anymore with Matthew, he found it a waste that his friend stopped earning billions of dollars for fear but also understood how risky the stock market looked to people who did not know the future as Jake.
And Matthew was right to think so, after 2000 he would have billions of dollars in stocks and would be too rich to spend all his life, he probably would regret not investing more with Jake when he had the chance.
”And when will the new camera be sold next year?”
”It will be sold in February, the price will be only 100 dollars more expensive than that was, but the overall quality of the camera will be much better, we can also better fix the display screen of the photos, the zoom, and the memory of the camera will be better.”
The digital camera of Matthew's company was already the best in the whole stock market, with these new improvements and many others that Matthew did not need to say the camera sold next year would be much better.
While the other companies were studying Matthew's cameras to create a better product, Matthew's company would launch another much better camera on the market, just as Jake said this was the time to make money and leave the company brand well known.
After all, in a few years, they can no longer be in the market leadership of digital cameras, if they could possibly enter the smartphone market too, but it would be a risk that Jake would not advise Matthew to take.Find authorized novels in Webnovel，faster updates, better experience，Please click for visiting.