America: My Time
Chapter 122 New York Real Estate
Chapter 122 New York Real Estate
Chapter 122 New York Real Estate
"Alright, I hope everything goes smoothly. Since the acquisition is on track, I won't linger any longer!" With that, John bowed to everyone and got up to leave. This time, no one tried to stop him; instead, they saw him off. They all knew what was going on outside the Morgan building—those paparazzi were not easy to deal with.
"Jimmy, see John out. If those paparazzi want to know what's going on, tell them about Motorola's acquisition plan. Don't let those bastards stay outside our building any longer!"
"Congratulations, Mr. John!" Jimmy congratulated John with a big smile.
John sighed, “I would rather this acquisition hadn’t happened. You should know how bad Bell Labs is. To be honest, I wouldn’t have taken Bell Labs if it weren’t for the pleasant working relationship with Morgan. So if you really want to complete this acquisition, do it before my patience runs out.”
“Mr. John, you flatter me. With your intelligence, turning around Bell Labs’ situation shouldn’t be difficult. I believe Bell Labs can grow and thrive under your leadership!” Jimmy himself didn’t believe what he was saying. He knew Bell Labs’ situation better than those old guys from the conglomerates, and he wasn’t optimistic about the acquisition.
As John and Jimmy stepped out of Morgan's doors, paparazzi swarmed around them, bombarding them with questions, their instincts telling them something big was about to happen. John and Jimmy didn't refuse; they proceeded with their pre-arranged plan to reveal the acquisition of Motorola's research institute. The acquisition would be completed within the next month, and there was no need to hide it!
Upon hearing the acquisition plan, the paparazzi were instantly shocked. Although they had all guessed there would be a major acquisition, they hadn't expected it to be an acquisition of Motorola's research institute—the shock was immense. With such big news, the paparazzi dared not linger, rushing to their respective newspapers as fast as they could, eager to publish this juicy story before anyone else!
Of course, some people wanted to interview John, but unfortunately, they were refused. John wouldn't tell them why they acquired Motorola Research Institute; they were left to figure it out themselves.
After John left, the paparazzi disappeared as well, and the old guys from the conglomerate also left Morgan. However, they did not go home, but gathered together again, only without Morgan and DuPont's people.
"I have a feeling there's something wrong with this meeting. Could this be a setup orchestrated by Morgan and DuPont? Did that little John never intend to give up on the acquisition of Bell Labs and Motorola Semiconductor?" After calming down, some people felt there was something amiss with the meeting and suspected it was a setup!
"No, I don't think so. I know John a little bit about this kid. He values time a lot. The previous acquisition of Universal and NBC is a good example. He could have saved tens or even hundreds of millions of dollars by negotiating with Morgan more, but he didn't. He agreed to Morgan's offer of funds immediately. He values time, not the acquisition price."
If he has designs on Motorola Semiconductor, I believe and agree. After all, it's a Silicon Valley giant with Nvidia. If it wants to get involved in hardware manufacturing, it can't do without CPU chips, and Motorola happens to have the technology and patents for that. In contrast, Bell Labs' situation is completely different. It consumes a huge amount of money every year, and even if he takes over and streamlines it, it will still have to bear huge research costs, which is why he said that last sentence.
"He regretted it and didn't want to acquire Bell Labs. He only made this request because he couldn't refuse outright due to his relationship with Morgan, so he asked us to complete the acquisition as soon as possible."
Morgan was fully aware of this reunion of the old guys. He disdained these ignorant old men and had no interest in fighting with them. He preferred to study John's plans. Morgan also wanted to know John's expansion plans. If the acquisition of Motorola Research Institute would accelerate Nvidia's development and lead to rapid progress in hardware, it would be good for Morgan, meaning that Nvidia would inevitably go public soon!
"Jimmy, speed up the acquisition of Gulfstream. Tell Allen Paulson we're running out of patience and he needs to make a decision immediately! We don't have time to waste on him. We need to complete this acquisition as soon as possible and focus our efforts on Motorola Semiconductor to accelerate Nvidia's development. With Motorola's patents, I believe it won't be long before Nvidia can compete with Intel in chips, and all the obstacles in personal computer research will be solved!" "Boss, do you think John will definitely go into hardware development and develop personal computers?"
"That's for sure. This kid is absolutely crazy. He dreams of software for the world of personal computers, and Nvidia is the hardware. Don't be fooled by the fact that Nvidia hasn't achieved much yet; they've already made breakthroughs in GPUs. If they also get Motorola's CPU chip technology, do you think he'll still need to care about the reactions of other companies? No one will be able to stop him from developing personal computers. These two companies will be going public soon!"
John had no idea how those old guys viewed him, what they thought, nor had he considered it. After leaving Morgan, John received a phone call from Hong Kong—a call from Ye Qianwen—saying she was coming to the US. This stunned John. Although he had considered the possibility of Naoko meeting with women like Ye Qianwen and Chung Chuh-hung, he hadn't expected it to happen so soon.
John hadn't considered having Naoko avoid the situation and prevent the two beauties from meeting. Although it would cause trouble, John still chose to give them the opportunity; he couldn't keep it a secret forever. Fortunately, during his previous shopping trip, John hadn't forgotten about Ye Qianwen and Zhong Chuhong, and had prepared a gift for them, so it wasn't too awkward!
Sitting in his car, speeding down Fifth Avenue, John couldn't help but think of the Empire State Building and the Chrysler Building in the distance. The 80s were a golden opportunity to acquire these properties. Times Square wasn't fully developed yet, and acquiring the Times Square building would be a shrewd investment. The advertising revenue from Times Square would be phenomenal in the future, making it a worthwhile investment to establish an advertising company to acquire the building!
The 1980s were the cheapest time for real estate. With two years until the Plaza Accord, the dollar is strong, making now the best time to acquire properties. Otherwise, waiting for the dollar to depreciate would mean paying much more. Most importantly, these properties can be used to secure loans from Japanese banks. I never miss an opportunity to take advantage of Japanese banks, and this is the best time to act. Even if I cheat them, they can't complain!
"Once the gold futures market closes, we'll start acquiring real estate and accelerate our retail expansion. We might as well use the money from the Bank of Japan!" John thought of the Bank of Japan again. Whenever he needed to make a major acquisition, the Bank of Japan was always the first place he thought of. If it weren't for the time constraints, he would have liked to go to Japan again to have a detailed discussion with the Bank of Japan and get more loans from them to speed up his expansion.
Compared to acquiring companies, which requires qualified management talent, real estate acquisitions do not present as many problems. In particular, these real estate acquisitions do not require much investment in capital and manpower, nor do they need elite personnel to manage them. The Empire State Building and the Chrysler Building can perfectly serve as the headquarters of television stations and retail businesses.
If the only thing that really needs talent is the acquisition of the Times Square building, which requires a professional advertising company, that's not a problem for us. With Legendary Entertainment in hand, a small advertising company is nothing. Whether we acquire one or build one ourselves, it won't be a big issue.
As his ideas about real estate development spread, John gradually forgot about the problem with the two beautiful women. However, this was an unavoidable issue he had to face, but right now, all he could think about was business!
When the paparazzi returned to the newspapers, every newspaper was pulling out all the stops, trying to make a big splash with John's new acquisition. They all wanted to dig up a big story, after all, John had too many accolades, and every time he did, he caused a huge stir. They believed this time would be no exception.
However, information is currently scarce, so each newspaper is racking its brains to find more details and understand the story behind it all. None of the newspapers believe this is an ordinary acquisition; there must be more to it than meets the eye. Think of the previous acquisition of Universal and NBC—what a massive deal! And just when everyone thought the acquisition would plunge both companies into trouble, they were greatly disappointed. Both Universal and NBC thrived, especially NBC, which soared to new heights!
These newspapers are unlikely to know about investments outside the United States in the short term, but they can easily understand assets within the United States. The acquisition of Motorola Research Institute is high-tech and involves chips, and many people immediately think of John's Dreamworld, the Silicon Valley software giant.
As they continued their exploration, Nvidia was soon revealed, much to the delight of numerous newspapers. With the news of the acquisition spreading, many companies in Silicon Valley were gripped by fear, for they all envisioned a terrifying scenario: with Motorola chips, the obstacles hindering the development of their dream world in personal computers would no longer exist.
Driven by fear, these Silicon Valley companies frantically began contacting newspapers, revealing John's plans in the computer field, which greatly helped the newspapers and turned this ordinary acquisition into the focus of public attention!
(End of this chapter)
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