Chapter 161 Twenty Percent Shareholding

"I believe that in the new era, people's needs are constantly changing, and life moves at a very fast pace. Long blog posts are no longer suitable for people's reading habits."

Jack looked at Tang Long, his eyes gleaming.

After all, Tang Long was the first to hear about the company's complex situation and still be willing to ask him about his ideals.

Jack Dorsey certainly knew he could first sugarcoat the situation, then package it meticulously, and perhaps even fool some investors.

But he didn't.

He chose to tell the truth.

Because Jack had already been burned once. The previous investor liked to overstep his bounds, not only giving unsolicited advice but now colluding with other partners to kick him out. Therefore, Jack preferred to find more investors and use the company's internal situation as a screening mechanism.

Even if it failed, he would never want a greedy investment institution.

But the reality was that after hearing that a company that wasn't profitable, was consistently losing money, and had such internal chaos and no actual product value, many people not only refused to invest but directly kicked him out.

So when Tang Long asked about his ideals, Jack eagerly said, "I believe that in a fast-paced era, people should communicate in shorter messages, and at the same time, they can @ the person they want to find answers or even chat with. They can also repost these, and we can even tag a specific person or event. People with the same tags can be recommended to each other, and what people are willing to see can be displayed through tags."

Tang Long frowned.

Isn't this just tagging?

Wait.

Tang Long looked at Jack in surprise, "Jack, isn't your company called Twitter?"

"Tang, have you used our product?"

Jack Dorsey looked at Tang Long in disbelief.

Twitter at this time was still unknown. Although it had users, the company's positioning was unclear, and coupled with internal disagreements and conflicts among partners, investors were more inclined to turn it into a blog and then sell it off.

Therefore, partners who disagreed with this approach became stumbling blocks to the company's development.

Jack Dorsey naturally belonged to the group of people who were out of step.

Especially after one partner was forced to leave the company due to a malicious acquisition of shares by investors, Jack felt a strong sense of crisis.

But for a young person who had just started a company, connections were his biggest weakness at the moment.

There was nothing he could do, so he had to meet investors everywhere while also asking friends if there were any opportunities.

Since both were of the same race and often attended gatherings, Gal Gadot heard about it and decided to help Jack try his luck.

Naturally, the person she knew best and who could provide substantial funds was Tang Long.

So, as Jack looked at Tang Long with excitement, Gal Gadot's eyes lit up.

If Tang had also used the little blue bird, he would surely understand Jack's vision.

That would make things easier.

"No."

Tang Long shook his head.

Jack's excitement froze on his face.

What did he mean?

He hadn't used it, but he could immediately name his company.

"Jack, your ideas are a bit too whimsical. It's hard to guarantee that these unproven things will succeed."

Tang Long glanced at Jack Dorsey, "Besides, your company is currently in disarray, and there are investment institutions involved. Anyone who rushes in rashly will only be giving their money away to these investment institutions for nothing."

Tang Long paused, looking into Jack Dorsey's eyes.

Jack Dorsey nodded sadly.

He had already thought of that.

Moreover, NBA players, even in investments, are generally familiar with the sports industry; they don't understand the internet and technology.

Disappointment was written all over Jack Dorsey's face. Even a friend of Gal Gadot wasn't willing to help. He could already foresee the tragic scene of himself being kicked out of the board by his partners in collusion with the investment institutions.

No one will help me.

If it weren't for the public setting, Jack Dorsey would have wanted to bury himself in a blanket or find a crack in the ground to crawl into.

"How much money do you need?"

"10 million US dollars."

Jack Dorsey blurted out instinctively, then looked at Tang Long with surprise.

"Originally, I wouldn't invest in a company like yours with internal chaos and investment institutions involved. But since you're a friend of Gal Gadot's, for Gal Gadot's sake, I'll reluctantly invest 10 million."

Tang Long looked at Jack Dorsey with a pained expression, "With 10 million, how much equity can I hold?"

"About 20%."

Jack Dorsey conservatively stated a figure.

"Only 20%?"

Tang Long knew how much 20% of Twitter's shares was worth. Before Musk acquired Twitter, Jack Dorsey had a net worth of billions with less than 20% of the shares.

"Yes."

Jack looked at Tang Long nervously, afraid that Tang Long would refuse because it was too little.

"Alright, find my agent tomorrow. I'll give you his number."

Tang Long sighed helplessly.

He picked up his cup and took a big gulp.

He had to drink; otherwise, he wouldn't be able to hold back.

He had made a fortune.

"Tang, thank you."

Gal Gadot looked at Tang Long with deep affection. When Tang had initially refused, she felt a bit disappointed. But she thought about Jack's company being a mess, and who but a fool would invest in such a company.

But Tang invested.

Because Tang said Jack was Gal Gadot's friend.

If Jack, this third wheel, weren't present, Gal Gadot would have already snuggled into Tang Long's arms.

Even now, the joy in Gal Gadot's eyes was undeniable.

That was ten million US dollars.

Just one sentence of "friend."

How could this be just a friend?

"If you really want to thank me, you'll treat me to this meal. I just spent ten million, and my heart is still aching."

Gal Gadot was even more touched.

Investing ten million in a broken company without batting an eye, how could she care about the cost of a meal? This was to ease her burden.

"Yes, not only this meal, but I'll also cover the hotel for tonight."

Gal Gadot deliberately elongated the pronunciation of the word "hotel," and her large eyes seemed to speak, this was no longer a hint, but an open invitation.

"I..."

Just as Tang Long was about to speak, his phone rang.

It was Bill Duffy's call.

As soon as he answered, he heard Bill Duffy's excited voice, "Tang, I have good news for you. Calvin Klein intends to sign a contract with you for their men's series. Besides Calvin Klein, a luxury brand also wants you to be their endorser. Guess which luxury brand it is."

"Not interested."

"What?"

Bill Duffy was stunned.