Project 1

Project 1

Published on 10 March 2023
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Transcript
00:00
Thomas
00:00
Timothy
00:00
Thomas discussed with Timothy the succession of the company, the strategy and the distribution of his shares when he retires or dies.
00:05
Thomas got involved in the car accident, and fell into coma
00:05
The next day
00:10
Thomas becomes the acting CEO and has to make serious decisions
00:14
Shares distribution  (within family)
00:14
International Expansion
00:15
Financing
00:15
E-commerce
00:19
David Jr
00:19
Timothy and David Jr decided to not include other cousins in the business and in case of Thomas' death to divide his shares between them two.
00:19
Timothy
00:26
Timothy travelled around the world for 1 month and made new deals and sourced new: suppliers, franchisees, business partners and closed a deal Jeff Bezos.
00:33
When Timothy came back from the business trip, the nurse informed him that Thomas just died.
00:33
Thomas
00:33
Timothy
00:33
Nurse
00:38
Jeff Bezos 
00:38
While everyone was mourning Thomas' death, Jeff Bezos used the nuances in the contract he made with Timothy and took over the company. Transforming it into what is now known as Amazon Fresh.