Reborn as a tycoon in Hong Kong

Chapter 419 Conversation about going public (two-in-one)

Lin Baicheng's private plane landed at the Los Angeles airport, and Lincoln was waiting outside the airport. Lin Baicheng and Maori Haruko, who came to pick him up, went to the villa in Beverly Hills together.

Because they had contacted him in advance and told him the arrival time at the airport, when Lin Baicheng returned to the villa, his assistant Bill Harveys was already waiting at the villa.

"Chairman!"

Bill Harveys stood up from the sofa.

"Let's sit down and talk."

Lin Baicheng nodded. After they sat down, he said to Bill Harveys: "Bill, regarding my loan for Galaxy Games, have you contacted Thomas from Goldman Sachs?"

"Already contacted."

Bill Harveys replied: "The business data of Galaxy Games that you sent was also forwarded to Mr. Thomas. Mr. Thomas said that there is no problem with a loan of 100 million US dollars. If you need it, higher loan funds are also available. talk."

"Galaxy Games' loan of US$100 million is enough, no more is necessary."

Lin Baicheng shook his head. This time the lender was Galaxy Games. The company's loan fund of 100 million US dollars was enough for stocking and promotion. Any more would be a waste of interest on the loan.

Bill Harveys said: "Chairman, regarding the loan, I will lead my team to negotiate with Goldman Sachs and try to negotiate the lowest interest rate. Or, Mr. Thomas said that he wants to meet with you. If there is something, I want to talk to you."

Lin Baicheng heard this and asked, "Did he say what happened?"

Bill Harveys nodded slightly: "I asked about it, and he only said it was related to the listing of Galaxy Games Company. He would like to discuss the details with you in detail."

"okay I know."

Lin Baicheng nodded and said, "Contact him for me and find out whether he is in Los Angeles or New York. If he is in Los Angeles, let him come to my place for dinner at night. If he is in New York, we can meet him tomorrow or if he has time."

Bill Harveys said immediately: "Okay, I will contact Mr. Thomas shortly."

"By the way, what's going on with Apple now? Has IBM entered the personal computer market?"

Lin Baicheng, who nodded and was about to let Bill Harveys leave first, suddenly thought of Apple, which had raised funds at the end of January. It had been nearly two months since then.

Bill Harveys understood this very well, so he immediately replied: "Apple has expanded its production capacity and sales team after receiving financing, and its revenue and profits have increased significantly last month. Although this month is not over yet, But judging from the current data, the growth rate will only be greater. It can be said that Apple has once again entered the fast lane of rapid development."

"As for IBM, although it has been saying that it will enter the personal computer market, there has been no movement so far. At least Apple has not discovered that IBM is an industry giant. If it wants to enter the personal computer market, it will only enter in a big way. In this market, the possibility of secret layout is relatively small, and IBM probably has not yet entered the personal computer market."

"For Apple, the later IBM enters the PC market, the better."

Lin Baicheng was very happy to hear this. After all, he holds 27% of Apple's shares, which is not a small amount.

"Bill, when Apple faces the threat of competition from IBM, you must pay more attention to Apple. Once the company encounters a major event, you must alert me as soon as possible."

"Chairman, don't worry, I will always keep it in mind."

Bill Harveys nodded to express his understanding. He worked for Lin Baicheng, and he dared not take Lin Baicheng's orders seriously.

"If nothing happens, you can go back first."

Lin Baicheng spoke up and stopped talking about official matters.

"Chairman, I will take my leave now."

After hearing this, Bill Harveys stood up and left, not surprised that Haruko Moori was still sitting still.

After Bill Harveys left, Lin Baicheng said to Maori Haruko: "Haruko, Thomas wants to talk to me about the listing of Galaxy Games Company. What do you think he thinks?"

"Chengjun, the main reason is that Galaxy Games Company is too profitable."

Haruko Mouri said: "Although the operating data you gave Goldman Sachs are shrunken data, and Goldman Sachs itself will underestimate the company's revenue and profits, it is still very profitable. Of course Goldman Sachs will be jealous and want a piece of the pie."

"I think what Goldman Sachs actually wants most is to be able to invest in Galaxy Games, but Cheng-kun, you said you refused, so I think Goldman Sachs has just stepped back and wanted to promote the company's listing and make a lot of money from it."

"Pretty much what I thought."

Lin Baicheng nodded slightly in agreement: "Galaxy Game Company's products rely too much on the markets of the United States and Japan, whether it is arcade machines or consoles, so sharing profits is a must, otherwise there will only be a steady stream of trouble waiting for the company. "

Maori Haruko said with relief: "This is something we can't do about. Don't tell me, Cheng-kun, you are a foreigner. Even if it is an American company, after a company grows big enough, if it does not choose to share but eats alone, it will face suppression." .”

"Fortunately, going public is not without its benefits. The company can raise funds from the market. I can also reduce the shares I hold and cash out, and invest the funds obtained in other companies."

Lin Baicheng smiled. This can be regarded as a consolation. It does not mean that listing a company is a bad thing, otherwise there would not be so many companies wanting to go public.

Maori Haruko said: "Chengjun, now Galaxy Games is your sole proprietorship. If you want to go public, you still need to meet a certain number of shareholders. I think after you decide to go public, Mr. Thomas and the others will discuss these specific matters." you said."

"I know a little bit about this."

Lin Baicheng nodded and said: "Once I decide to go public, before the company goes public, I will first take out some shares to provide equity incentives to management and outstanding talents." Some companies under his name have already implemented equity incentives, and some have not yet, but Those that do not will also provide equity incentives before going public, allowing management and outstanding talents to make a fortune.

"Makoto-kun, just make sure you know what's going on."

Maori Haruko nodded and said no more about this topic.

Lin Baicheng looked at her and said: "Though it is impossible for management and outstanding talents from other companies under my name like you, Qingzi, to have equity incentives, they will have a certain number of stock purchase rights at the issuance price, which is equivalent to issuing new shares. As for It’s up to you whether you dare to use your money to buy stocks.”

Generally speaking, buying stocks at the issue price will make money, but there are a few cases where the stock price breaks, so it depends on them whether they dare to spend money to buy stocks. The opportunity has been given to them, and it depends on each person whether they can seize the opportunity to make a lot of money.

"No matter what others think, I definitely dare to do it."

Maori Haruko's eyes couldn't help but light up after hearing this. Of course she could see that it would be profitable to buy stocks at the issue price, and the possibility of the stock breaking is too low. The most important thing is that people like them who buy stocks at the issuance price, unlike the founding team who have a half-year sales restriction period, can sell the stocks on the first day the company goes public without worrying that the company's stock price will fall below the issuance price later. price.

Of course, if you have enough confidence in the listed company, you can always hold the stock and wait until the stock price rises to a psychological price before selling the stock.

"But Cheng-kun, if the number of stocks that can be purchased is enough, I may not have that much money, and you will have to lend me some at that time."

Although Mouri Haruko's salary is very high, the problem is that her expenses are not small, and she also has to support her mother, so she actually doesn't have much savings.

"Of course there's no problem."

Lin Baicheng agreed without thinking. Considering his relationship with Maori Haruko, it might be inappropriate to directly give money, but there would be no problem at all in lending some money to Maori Haruko to purchase new shares.

Maori Haruko said: "As long as the new stocks don't break, I think everyone will thank you for your generosity, Cheng-kun, and work harder to repay you."

"That's exactly what I want."

Lin Baicheng couldn't help but smile when he heard this. The reason why he wanted to make profits for the management of other companies was mainly because some companies would not be listed, so the management and outstanding talents of those companies would not be able to make huge profits like the management of other companies.

There is an old saying that goes without saying that you are worried about scarcity but inequality. The management of Lin Baicheng's other companies can become millionaires, but the management of companies that cannot be listed can't. How could those people not think too much about this? Destroying their enthusiasm for work is definitely not what Lin Baicheng wants.

Wade Thomas lives in New York. It takes six hours to fly between Los Angeles and New York, but there is a three-hour time difference between the two places, so the actual time it takes to get to Los Angeles from New York is three hours.

It was precisely because of this that Lin Baicheng met Wade Thomas that night. Wade Thomas came to Lin Baicheng's villa to have dinner with him. Also dining with him was Haruko Maori.

It is normal to talk about work while eating, so Lin Baicheng and Wade Thomas chatted while eating.

"Alan, your Galaxy Games company is getting bigger and bigger now, and the sales of several games are getting higher and higher. I think it's time to go public. This will be good for you and the company itself."

Wade Thomas isn't beating around the bush.

Lin Baicheng just nodded, and then asked: "Thomas, do you know about Atari VCS, Atari's product from the year before last?"

"You mentioned that you would make a console similar to Atari, so I am paying close attention to Atari's device."

Wade Thomas nodded and said: "This product produced in 1977 sold 250,000 units that year. Although the sales increased to about 550,000 units last year, Atari's total production last year was 800,000 units. , Atari faced losses and financial crisis, the parent company Warner was very dissatisfied with this, and founder Nolan Bushnell was even kicked out of Atari."

"Alan, to be honest, I am not optimistic about the so-called video games. In addition to Atari, Fairchild Semiconductor also had a video game business before. There were originally these two competitors in the market, but Fairchild Semiconductor withdrew last month. The game console manufacturing industry was closed and related departments were closed.”

"There are only two companies in the market. One is not optimistic about this industry and the other is facing losses. This is enough to illustrate the prospects of this industry."

Lin Baicheng is not too surprised that Atari is currently facing losses. After all, the market needs to be cultivated. People were used to going to game arcades to play games at first, and their consumption was not high each time. Video games are different. To buy a console and cassettes, based on the price of Atari VCS of US$199, the minimum one-time consumption is that much. Not everyone can easily come up with this money.

"Thomas, but Galaxy Games has developed related products and the products have been released. The company's initial investment has reached more than 100 million US dollars. This is only the research and development cost. The company is about to produce the product. Once the sales performance is not good, then The company will face a loss of at least US$200 million."

"Thomas, it seems that Galaxy Games will not be able to go public for the time being."

Lin Baicheng shrugged as he said that. He was not in a hurry to list Galaxy Games. There would be no problem in delaying it for a year or two.

"Developed it so quickly?"

Wade Thomas was a little shocked. If this was the case, then going public would indeed be a bit troublesome, because the prospects of Galaxy Games are no longer as good as before. Originally, he was thinking that the development of the TV game of Galaxy Games had not yet been completed, and wanted to use the listing as a reason to persuade Lin Baicheng not to continue the research and development. The slight losses ahead were completely acceptable and would not affect the capital market's optimism about the prospects of Galaxy Games.

Lin Baicheng shook his head and said, "It's not too fast. It's been more than a year since I started investing."

"Alan, did you start investing so early?!"

Wade Thomas was greatly surprised. He thought for a while and said: "Alan, in fact, you can separate the video games and put the revenue and profits from the arcade, and the company's valuation will not be affected much. If If you are really optimistic about this product, judging from the prospects of this product, you need to invest a lot of money. Just after listing Galaxy Games, you can get more funds to invest."

"Split?"

Lin Baicheng was moved when he heard this. He was very optimistic about console games and had great confidence that he could make a lot of money through console games. Therefore, it is not unacceptable to split this piece now. After making a lot of money, he can then go public, and he will be able to earn more.

"It's not unacceptable, but I have to think about it carefully."

"Alan, please think about it slowly and don't rush. But it's best to make a decision before Galaxy Games invests more in video games. Otherwise, if the company loses too much, it will definitely affect the listing and valuation of Galaxy Games." Influence."

Wade Thomas still hopes that Lin Baicheng can list Galaxy Games, because then Goldman Sachs can make a lot of money from it, which is why he is so active.

"I don't have to think about it for too long. I can give you an answer tomorrow."

Lin Baicheng does not object to listing Galaxy Games, so he does not need to think for too long whether to spin off the console games. After all, whether to spin off is extremely important for the company's future development, and he cannot think about it for too long, lest it affect the company's layout. .

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