America: My Time

Chapter 948 John's Vigilance

Chapter 918 John's Vigilance
Faced with John's request, Jimmy could only nod in agreement. However, he needed to report everything back to his boss, as time was of the essence. Although he didn't know the extent of John's progress, based on Jimmy's experience with John, he understood that since John had made such a statement, he had probably already made considerable progress. Morgan couldn't refuse at this point, otherwise he would only miss a golden opportunity and waste a great chance.

Is Youtai Capital important to Morgan? Does it have any influence? Not much influence. Morgan is not John. John's development has only been around for a little over ten years and its foundation is still shallow. But Morgan is a behemoth in the United States. Youtai Capital is not qualified to compete with Morgan. At least not yet.
Youtai Capital dared to target John because they knew John's foundation was not strong enough, his roots were shallow, and he did not have Morgan's vast network of connections. However, as John continued to expand, this network would become larger and denser, and at that time Youtai Capital would have to withstand John's pressure and face John's impact!

John hasn't launched a financial attack against Oilfield Capital yet, not because he's afraid of Oilfield Capital, but because he's worried about other financial groups on Wall Street and the pressure they might put on him. If he were to take drastic action, the first to be afraid wouldn't be Oilfield Capital, but rather the other financial groups in the United States and the top ten giants on Wall Street!

When Morgan made his move, everything John wanted quickly came true, just as John had predicted. The old man had no reason to be an enemy of John or Morgan. He had to consider his family's problems as well as his own. Faced with pressure from John and Morgan, and pressure from American manufacturing, he had no choice but to agree.

"Good, very good, now the last link is in place! Jimmy, don't worry, everything will begin soon, Morgan will be happy with his right choice, this time you will see the pain of the Europeans, you will see the lament of the Korean cars, you will see the misery of the Japanese cars, and you will see Nvidia and Dreamworld soar to new heights!"

“John, I understand and can accept what you’re saying, but there’s one issue you need to resolve as soon as possible! Global Navigation Company needs an explanation, and you can’t let them keep it under your control forever!”

"I have never intended to control it myself, you can rest assured about that. I can tell you clearly that the global navigation company will go public next year. I am well aware of what kind of retaliation the Europeans will take, and I also know that those guys in Japan will resist. This is not something I can afford to deal with alone!"

Although John said that, Jimmy knew that it was just an excuse. If this guy really wanted to continue and refused to share the profits, no one could do anything about it. After all, there was only one global satellite navigation company, and only Hughes had a global satellite positioning system.

"Next year? Isn't that a bit too long? You know those guys on Wall Street aren't willing to wait that long. They all want to speed up the listing of the global navigation company!"

“I know these guys have benefited a lot from the pound crisis, but it’s necessary. I’m not ready for everything yet. We can only go public when everything is ready. This time next year is fine. They can’t wait a year, can they? Besides, this is something we have to face. Morgan also needs to prepare plans and arrangements for the company’s IPO!”

As soon as John finished speaking, Jimmy sighed. Seeing John's resolute expression, he knew that saying anything more would be useless. The most important thing was that the global satellite navigation company was a unicorn; it was perfectly normal that they didn't want to rush into an IPO. Why share the profits with others when they could make a fortune for themselves? If it were Morgan, they would have done the same, ignoring those guys and reaping as much benefit as possible!
“Alright, I’ll pass this message on to them. However, I’m afraid many people will be dissatisfied with this result, John. After all, those guys all have their own ideas and calculations! You now have more than just this one company, and your large-scale asset division has made many people eager to get involved!”

"I know, but what can they do to me? Those guys are all so arrogant. If they want to fight me, I don't mind a head-on confrontation. Don't treat me like a pushover. I'm not without temper. If those guys try to mess with me again, I won't be polite to them. I created an opportunity for them to reap the benefits from the oil and gas industry, but how have these guys repaid me? Those bastards didn't take my goodwill to heart at all and went straight to colluding with the oil and gas industry again. Do you think I still need to give them any face?"

John's words left Jimmy speechless. After all, those foolish guys were all doing the same thing, displaying blatant greed. Not only was John furious, but Morgan was also incredibly angry. Because of their greed, Morgan had paid a considerable price to acquire Warner. While the Warner acquisition was successful, they failed in other areas, including the failed acquisition of ABC, which infuriated Morgan. And all of this was caused by those guys. More accurately, Rockefeller had schemed against Morgan behind the scenes, causing Morgan's acquisition to fail. Now, although Morgan wanted to acquire CBS, it wouldn't be easy. After all, those guys from Oilfield Capital were already lurking in the shadows, using funds and other means to gradually erode these networks, making a complete takeover very difficult.

“Jimmy, I know your failed acquisition of ABC has affected your reputation, but you don’t need to care so much. Warner has its own television network, and you can expand from there. Paramount is the best example. Not to mention you, no one can completely control the other two of the three major television networks.”

"You really are impressive. You acted ahead of time and completed the acquisition of NBC. If it were now, I'm afraid there wouldn't have been a chance of success, and the price would have been too staggering. No, Morgan couldn't complete the acquisition; the price was too high, exceeding Morgan's expectations, so they had to give up!"

"This is perfectly normal. The market value of media and entertainment companies has been increasing over the years, especially television networks. With the popularization of television sets, their market value has grown rapidly. In 1985, ABC Television Network was worth only 35 billion US dollars! But now, it can't be acquired for less than 10 billion. If you don't acquire it now, it will be even more astonishing in the future. I estimate that by 1995, ABC Television Network will be worth at least 19 billion, if not 20 billion. If you want to acquire it, act quickly. Don't worry about the small cost. If you miss this opportunity, the cost of acquiring it later will be much greater."

“John, it’s not that we don’t want to make the acquisition, but we can’t handle the opposition from those guys inside the company. Morgan isn’t a one-man show; such a big acquisition requires a vote, it’s not a decision we can make on a whim!”

"Hehe, that's why I'm unwilling to let the two major media groups go public. Once they go public and raise funds, although their market value will increase a lot, they will lose control of the company and will no longer be able to develop it according to their own wishes. This has been the case with Nvidia in recent years, and it's also the case with Dream World. There are always people who oppose it. But look at Bell Labs, have you seen this situation? Projects that originally belonged to Nvidia had to be undertaken by Bell Labs, and Dream World was also forced to cut many projects."

“John, this was an inevitable result. Bell Labs is different from Nvidia. Its funds are all used for research and development. You can ignore profits, but Nvidia needs to pay attention to profits, otherwise its market value will be affected.”

"That's why I don't want the company to go public. It's just that I have no choice but to accept it. I would rather not do anything if it were possible. There's no way to do it for the company in the US, but it's impossible for it to be overseas. I won't let those guys affect my plans!"

“John, you can do that, but other companies can’t, including Morgan. And your IPO needs a plan; things can’t go on like this!”

"Media, Bell Labs, and Gulfstream Aerospace are unacceptable. Others are fine, but I'm worried that going public would quickly impact our current growth rate, especially Bell Labs and Gulfstream Aerospace, which are under considerable pressure. You know how staggering Bell Labs' R&D costs are every year. If they go public, many R&D projects will likely be forced to be cut, which is not an outcome I'm willing to accept. As for Gulfstream Aerospace, I believe that once the old guard steps down and the new leader takes over, he will definitely cut all R&D funding. That would be the biggest crisis for military enterprises. Going public could lead to their collapse. Gulfstream Aerospace has a lot of loans, and many R&D projects will be cut. Furthermore, if oil and gas companies get involved, it will directly affect Gulfstream Aerospace's cooperation with Middle Eastern tycoons!"

It wasn't that John necessarily thought of Oil Pacific Capital as so bad, but rather that all of this was very likely to happen. If Oil Pacific Capital were to enter into groups like Bell Labs and Gulfstream Aerospace, they would inevitably question John's many of his strategies, plunging the company into difficulties. Those guys were capable of anything. John had to be cautious with them, just in case! If he hadn't used the previous events to buy back his shares in Nvidia and Dreamworld, these guys might have also sabotaged the development of these two groups, affecting the company's normal operations!

(End of this chapter)