Hong Kong variety show: I Am a Tycoon

Chapter 502 Normal Business Practices

Nighttime at the Zhang family's mansion.

Franklin, along with Kira's bodyguards, infiltrated the mansion.

They quickly eliminated the bodyguards inside Zhang Li's mansion.

At this moment, Zhang Li was preparing to send his wife and children to another place.

Now that the fighting is about to begin, San Francisco is definitely not safe.

"Everything is arranged. I'll come back to meet you as soon as I'm done here! Okay, don't worry!" Zhang Li said to his wife, "Alright, I'll come see you off later!"

Zhang Li returned to his office, preparing to transfer some of his assets out with his wife.

At that moment, Di Wu suddenly pushed open the door and walked in, holding a gun in his hand!

“My men are all dead! My brothers are dead too!” Di Wu looked at Zhang Li with a furious expression.

Zhang Li, however, said calmly, "You brought this on yourself!"

"How dare you say such a thing? I obeyed your every word and was loyal to you. I would go through fire and water for you, and in the end, I have come to this!" Di Wu said with a face full of grief and indignation.

Zhang Li was equally furious, and his hand had already reached for the pistol under the office desk.

The current situation was all caused by Di Wu disobeying his orders, and he was furious: "You still have the nerve to talk to me about loyalty? You're a traitor!"

As he spoke, Zhang Li drew his gun, intending to kill Di Wu.

Unfortunately, a gang leader who hasn't made a move in years is no match for his henchmen.

Before he could fire, Di Wu pulled the trigger, shooting him in the shoulder.

As soon as the gunshot rang out, Xiao Fu appeared from behind Di Wu and knocked him to the ground with a few punches and kicks.

Taking advantage of the opportunity, Zhang Li fired several shots at Di Wu, yelling, "Die! Die!"

After killing Di Wu, Zhang Li vented his anger at Xiao Fu, saying, "That scumbag, he still has the nerve to talk to me about loyalty, saying he's my friend, and I actually believed him!"

Xiao Fu nodded calmly and said, "He's right, he is indeed very loyal, he is indeed your friend!"

"What?" Zhang Li looked at Xiao Fu with a completely bewildered expression.

Xiao Fu sneered and pulled the trigger directly at Zhang Li.

After a few gunshots, the entire mansion fell silent.

Kira's men outside have already killed all the bodyguards inside the mansion.

After Franklin came out, he said to Kira's bodyguard, "Zhang Li is dead!"

"What about his wife and children?" the bodyguard asked again.

Xiao Fu didn't answer, he just nodded.

But the bodyguard was still worried and said to Xiao Fu, "Take me there and cut their heads off!"

As he spoke, the man began to walk into the house.

At this moment, Xiao Fu stopped him and said calmly, "No need, I killed the person, it should be my turn!"

As he spoke, Xiao Fu took the samurai sword from the other person's hand.

With just a turn, Xiao Fu chopped off the bodyguard's head with a single slash.

The other men were shocked and immediately drew their swords to fight back.

Unfortunately, these guys dressed as ninjas were no match for Xiao Fu.

In just a few moves, they were all killed.

After dealing with the ninjas, Xiao Fu casually tossed down his knife and turned to leave.

Before leaving, I made a point of glancing in one direction from the woods.

An FBI agent is stationed at this location, constantly monitoring the Zhang family's every move.

Xiao Fu did this on purpose.

Having dealt with Kira's men, Franklin opened the door and released Zhang Li's wife and children.

Seeing the corpses scattered on the ground, Maria trembled all over, but still held her son tightly.

Seeing Franklin open the door, Maria asked quietly, "Where is my husband?"

Xiao Fu didn't answer, but silently opened the car door and helped the mother and son into the car.

After Deng saw the mother and son off, Xiao Fu left alone.

……

At this moment, at FBI headquarters, the agents monitoring the Zhang family hurriedly delivered the footage they had taken to headquarters.

"What happened? Roger killed Zhang Li first, and then took down Shiro's assassin?" the vice-captain asked, equally shocked.

Jack said coldly, "He's using them, making them kill each other!"

"Why did he do that?" the vice-captain asked Jack, looking puzzled.

Jack had no idea what Roger was thinking. Just then, the policewoman next to him said, "Jack, you'd never guess who just crossed the border!"

……

At this moment, in the Liangchuan Group building.

Kira and his men were waiting respectfully to the side.

A few moments later, several cars pulled up, and the bodyguards helped open the car doors, and a middle-aged man got out.

This middle-aged man has a commanding presence; you can tell at a glance that he's no ordinary person.

Kira said respectfully, "Father, it's a pleasure to see you!"

This man is none other than Liang Chuan Shiro, the head of the Liang Chuan Group, who controls the San Francisco Yamaguchi-gumi, yet has never been to America.

"Me too, are you alright?" Liang Chuan Shiro said to his daughter, "This country looks beautiful!"

Kira smiled and complimented, "Your English is getting better and better!"

With that, he led Liang Chuan Shiro into the company!
United Aerospace Capital, Chairman's Office.

Cao Weicai walked in from outside with a happy expression and said to Chen Jiajun, "Boss, good news!"

"What's making you so happy?" Chen Jiajun asked, somewhat puzzled.

Cao Weicai said with a smile, "We don't need to use any other means. That guy Reed Hastings just got a loan from Bank of America!"

"Bank of America?" Chen Jiajun's eyes lit up immediately.

It's worth noting that the predecessor of Bank of America was the Italian bank founded by Giannini.

In the early 1930s, it merged with the California Bank of America and changed its name to Bank of America.

And coincidentally, the California consortium has recently been in contact with Chen Jiajun's United Aerospace Capital, so getting them to do a small favor shouldn't be a problem. Chen Jiajun smiled and said to Cao Weicai, "How many loans does this guy have at Bank of America, and when are they due?"

"There are three loans in total: one for ten million, one for thirty million, and one mortgage loan for five million!" Cao Weicai said, looking at the documents. "We can have Bank of America withdraw the loan. What do you think?"

Seeing Cao Weicai's sinister smile, Chen Jiajun was quite satisfied.

The so-called "loan withdrawal" is simply the act of a bank taking back a loan from a company before the agreed repayment period, because the bank believes that the company is experiencing operational problems.

Reed Hastings is now facing a cash flow problem.

If things get even worse...

This was absolutely not taking advantage of someone's misfortune, but rather Chen Jiajun following normal business practices in the United States.

That's how it's always done; there's no reason for Chen Jiajun to be an exception.

……

This is at the Nefertory headquarters in Los Gatos.

Reed Hastings is having a headache over Nefi's development.

He had already gotten in touch with United Aerospace Capital, but now the deal fell through, which is giving him a real headache.

He didn't necessarily want to sell Netflix; if he did, he wouldn't have needed to invest in Netflix in the first place.

However, Netflix's development has now been hampered, and its user base, which once numbered in the six figures, is now nearing saturation.

If we want to continue to develop, we need a larger platform and more funding.

However, Netflix's own capital is insufficient for him to climb to a larger platform.

This is now a vicious cycle.

Just as Reed was looking worried, the phone on his desk rang again.

After the call connected, a cold female voice came through: "Hello, Mr. Hastings, this is Sandy from Bank of America."

“Hello Sandy, what’s up?” Hastings asked, somewhat puzzled.

“Based on our bank’s market research on Nefertory, Nefertory has suffered huge losses for five consecutive years. Is that true?” Sandy continued.

Upon hearing this, Reed immediately had a bad feeling.

However, he immediately argued, "That's right, but this is how the company operates..."

Before Reed could finish speaking, Sandy interrupted him: "Regarding the business between Bank of America and Nefertory, there are some things I, as the person directly in charge, need to discuss with you in person. Do you have time?"

“I have time right now!” Reed said.

“Great, I’ll come to your company in ten minutes to discuss this further!” Sandy said and then hung up the phone.

Hearing the busy tone on the phone, Reed was momentarily stunned; that bad feeling was growing stronger.

Sure enough, ten minutes later, Reed's secretary pushed open the door and walked in, saying to him, "Chairman, Miss Sandy from the bank is here!"

Reed nodded and said, "Please let her in!"

A moment later, a woman dressed in professional attire and with a capable demeanor walked in.

“Good morning, Mr. Hastings!” Sandy greeted him.

“Miss Sandy, please have a seat!” Reed frowned as he looked at Sandy and said, “I wonder what matters your firm needs to discuss with me in person?”

Sandy said calmly, "I'm here to inform Mr. Hastings that the $30 million loan provided by Bank of America to Nefi Company needs to be recovered within this month!"

Sandy then took out an official document and placed it in front of Reed, continuing, "This is the notification. You have about three weeks to raise the funds!"

After glancing at the document, Reed Hastings was immediately stunned: "That's not right! According to the loan agreement, the loan should be due in August of next year!"

Sandy shrugged and said, "But Mr. Hastings, don't forget there was a supplementary clause in the original loan agreement! Do I need to remind you of that?"

Upon hearing Sandy's words, Hastings suddenly remembered something, and his face turned extremely ugly.

He immediately summoned his secretary, who brought him his loan agreement with Bank of America and reviewed it carefully.

After that, I felt terrible.

Sandy from the bank is right; there was indeed such a supplementary loan clause when the loan was initially issued.

The content is that if Netflix's operations exceed the warning line set by Bank of America, Bank of America has the right to withdraw loans!

Withdrawing the loan at this point would undoubtedly be the death knell for Reed.

Although Reed's investment in Netflix was not too large, it was not enough to cause serious damage.

If Bank of America were to withdraw its loans, he would seem to have no other choice.

Alternatively, they could hand over Nefert, which they had built from scratch, to Bank of America to pay off their debts.

All the hard work he's put in over the years hasn't brought him a single dollar; instead, he's facing losses.

Alternatively, they could only sell the Netflix package to raise funds to repay their loan from Bank of America.

Alternatively, they could find an even more capable person to invest in the project.

In exchange for Neferpitou's continued struggle.

Neither of these scenarios is what Reed wants to see.

But what's done is done, and he has no better options. Now he just needs to figure out which method will minimize his losses.

As for Nefertari, it's clear that it's beyond saving.

“Mr. Hastings? Based on your five consecutive years of losses and the ever-growing debt hole, we have doubts about Nefi’s repayment ability. In order to protect the interests of our Bank of America, we will directly activate the supplementary clauses, requiring Nefi to pay off the loan accounts by the end of the month!” Sandy said to Hastings formally.

Hastings said with a headache, "Could we...?"

But Sandy didn't give him a chance to bargain, saying coldly, "I'm sorry, Mr. Hastings, I'm just here to deliver a notice and don't have the authority to make decisions on behalf of the bank. That's all for today, I'll take my leave now!"

Reluctantly, Hastings got up and saw Sandy out of the company.

After Sandy left, Hastings got up and almost smashed his own desk.

In all his years in business, he had never been treated like this before.

However, after venting his anger, he calmed down and said to his secretary, "Notify the company's senior management to come to a meeting, regardless of who they are or what they are doing!"

The secretary nodded nervously and immediately went to the company to inform the others.

Reid Hastings now faces only two paths: one is the French giant Arnault Group, but he has not yet made any formal contact with them.

If you go now, they'll definitely know about Americas Group withdrawing its loan, and they might try to drive down the price relentlessly. They might even abandon further contact with them because of their company's operating losses.

Secondly, he should find an opportunity to restart negotiations with United Space Capital. He should delegate the blame to his subordinates and personally handle the negotiations.

Although doing so would lower the price somewhat, given the situation with United Aerospace Capital, it should still be able to sell for a good price.

"Looks like I need to prepare for both possibilities!" Reed Hasting rubbed his face, looking at himself in the mirror and said in a deep voice. (End of Chapter)

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