Reborn Xiangjiang as a Tycoon

Chapter 159 Loan Guarantee

In the evening, Lin Baicheng took Jobs to the restaurant he had made an appointment with Wade Thomas.

Since he was inviting Wade Thomas to dine, and there was also Jobs there, Lin Baicheng naturally decided to go to a Western restaurant instead of taking them to eat Chinese food.

"Alan!"

When Lin Baicheng and Jobs arrived, Wade Thomas had already arrived.

"You seem to be the chairman of Apple. Am I remembering correctly?"

Wade Thomas recognized Steve Jobs because he had met Jobs only once when he took Lin Baicheng to Apple to sign a contract, so he had forgotten Jobs's name.

"Yes, Mr. Thomas, I'm Steve Jobs."

At this moment, Jobs is still a nobody, at least in the eyes of Wade Thomas.

But it’s normal to think about it. The chairman of a company with a market capitalization of only a few million US dollars is not the absolute majority shareholder. As a senior executive of Goldman Sachs, Wade Thomas will naturally not take it seriously.

"Thomas, you came quite early."

Lin Baicheng smiled and said hello. The more we interacted with each other, the closer our relationship became. Wade Thomas was very willing to make friends with Lin Baicheng, a rich man, and Lin Baicheng was also happy to make friends with Wade Thomas, a Goldman Sachs executive. There was a mutual affection

The relationship was slowly established.

As Lin Baicheng and Jobs arrived, the waiter came over and the three of them ordered their meals.

Lin Baicheng first chatted with Wade Thomas for a while, and then got down to business.

"Thomas, I brought Steve Jobs to you this time because Apple wants to borrow funds from Goldman Sachs, so it needs your help."

"Apple?"

Wade Thomas nodded when he heard this. After meeting Steve Jobs, the chairman of Apple, he knew that Lin Baicheng's visit to him this time must be related to Apple's affairs.

"I remember Alan, you invested in Apple in November last year. How is the company developing now?"

Lin Baicheng smiled and said: "The development is not bad. My original investment has now been earned."

"So, Apple is now valued at over $6 million?"

Wade Thomas was a little surprised, and then said: "I said Allen, are you calculating based on your valuation method again?"

Lin Baicheng waved his hand: "Of course not, it's the market's normal valuation."

"So, Apple is doing really well."

In three or four months, the company's valuation more than doubled. The development speed was indeed good, but Apple was still too small, so Wade Thomas didn't take it to heart.

"Alan, how much money does Apple want to loan? Is there any collateral?"

"Apple wants to get a $5 million loan, as for the mortgage."

Jobs replied aloud that when it came to mortgages, he couldn't go on because Apple did not have heavy assets to mortgage. To use shares as a mortgage, all shareholders need to take out corresponding shares for mortgage. This requires communication with all shareholders. He now

Cannot make decisions for other shareholders.

Seeing Jobs looking at him, Lin Baicheng asked him: "Jobs, if I give you a loan of 10 million US dollars, can you make the company develop faster? At the same time, every cent of this money will be used in the company.

development instead of using it for the enjoyment of your management?”

After hearing this, Jobs immediately responded: "Don't worry, Allen, all the funds from this loan will definitely be used for the development of the company. I am also the company's major shareholder, and the loan funds will also have to be repaid. If the management

If you use it to enjoy it, the loss is also my money."

"Okay, I believe you."

Lin Baicheng nodded. No matter how much the loan was, Apple would have to repay it at the end. He believed that Chairman Jobs would use the money where it should be used.

"Thomas, I want you to do a favor. Goldman Sachs will lend Apple $10 million without any collateral, but I can serve as a guarantor."

Lin Baicheng is the guarantor of the loan, which means that if Apple fails to repay the money, Goldman Sachs can ask Lin Baicheng for the money.

"Since it's Allen who guarantees it, there's no problem."

After hearing this, Wade Thomas immediately agreed and did not ask for collateral from Lin Baicheng. With Lin Baicheng's assets, a loan of US$10 million was nothing at all. Lin Baicheng's account at Goldman Sachs alone had US$200 million in cash.

.

Seeing that Wade Thomas agreed, Lin Baicheng said to Jobs: "Jobs, I will ask Isabella to take you to Goldman Sachs to handle the loan tomorrow. You need to negotiate the specific terms yourself."

"Thank you, Alan!"

Jobs said gratefully that with this $10 million loan, Apple could immediately develop at a rapid pace and establish its own production line.

Until now, Apple does not have a professional production line. It has always purchased related accessories from outside, then produced some core accessories and then assembled them, so its production capacity has never been very good.

After establishing a professional production line, Apple's personal computer production capacity will inevitably explode. In a short period of time, there is no need to worry about production capacity issues. What needs to be considered is how to sell personal computers.

"You're welcome, Steve, this is what I should do as the majority shareholder."

Lin Baicheng waved his hand. After all, he owns 30% of Apple's shares. It is beneficial for him that Apple will develop faster than in his previous life. At least he can see returns earlier.

"Allen actually secured a loan of $10 million for Apple without using any collateral. It seems that his net worth is more than we thought!"

Looking at Lin Baicheng chatting and laughing with Wade Thomas, Jobs couldn't help but secretly thought to himself. The reason why he came to Lin Baicheng after discussing with the management this time was because he thought Lin Baicheng should be very rich and had some connections with Goldman Sachs.

That's why they wanted to ask Lin Baicheng for help. Unexpectedly, Lin Baicheng not only helped them easily, but also doubled the amount of the loan they wanted.

After we finished talking about the serious business, it was natural for us to start chatting later.

The next morning, Lin Baicheng asked Isabella to take Jobs and the lawyer to Goldman Sachs to find Wade Thomas.

Since Wade Thomas agreed to Lin Baicheng, he naturally wanted to do things beautifully, so he happily negotiated the loan interest, and had someone draw up the contract that morning. After both parties confirmed that there were no problems, he approved it to Apple.

$10 million loan.

Jobs was very happy after receiving the loan. He specially invited Lin Baicheng and Isabella to dinner at noon to express his gratitude, and Lin Baicheng did not refuse.

In the afternoon, after receiving the loan funds, Jobs went back to Apple. With these 10 million US dollars, Apple will usher in rapid development, and its development speed will inevitably be much faster than in its previous life.

(Thanks to ‘A Little Bird LOGO’ for the huge reward support!)

(End of chapter)