Reborn Xiangjiang as a Tycoon
Chapter 530 Combining Smith's Party and Plan
Chapter 530 Smith’s Party and Plans (2-in-1)
That night, Lin Baicheng went to a party at the invitation of Phil Smith.
This party is quite important. Phil Smith is about to get engaged. He plans to introduce his engaged partner to his friends before the engagement, so there is such a party.
Lin Baicheng is an important business partner of Phil Smith, so he was naturally invited.
"Alan!" "Smith!"
Lin Baicheng, who came to the party, and Phil Smith, who was greeting the guests, greeted each other.
"Alan, this is Anna, Anna Nord."
"Hello, nice to meet you."
Lin Baicheng nodded as a greeting.
"Anna, this is Lin Baicheng from Xiangjiang. He is the richest man in Xiangjiang. You can just call him Allen."
"Nice to meet you too, Mr. Allen."
Through Phil Smith, Anna Nord knew something about Lin Baicheng. She knew that Lin Baicheng was a tycoon from Hong Kong with assets of at least two billion US dollars.
Phil Smith and the others had to welcome guests, and Lin Baicheng couldn't stand near the door chatting with them all the time, so after chatting for a few words, he walked into the party first.
"Alan, you're here."
Oncoming was Logan Rockefeller.
"Good evening, Logan."
Lin Baicheng said hello to Logan Rockefeller.
The two went aside to chat.
Logan Rockefeller said with emotion: "I didn't expect Phil to be engaged so soon. It's really unexpected."
"He seems to be thirty years old this year, right?"
Lin Baicheng secretly calculated that he met Phil Smith in 1977. Phil Smith was 28 years old at that time. Two years later, he is exactly thirty years old. It is not too early to get married at the age of thirty.
But it's not too late.
Logan Rockefeller said aloud: "Well, I am the same age as him, and I have never thought about getting married so early. It will take at least a few years. It is completely too late before the age of thirty-five."
Lin Baicheng listened and said: "Everyone has different ideas. If you meet your partner who makes you want to get married, you may get married soon."
"it's out of the question."
Logan Rockefeller immediately shook his head: "In a family like ours, it is almost impossible to find a partner by yourself. Unless we have achievements that far exceed what the family brings, otherwise after so many years we have enjoyed everything the family has brought, then
You should pay for the family, such as marriage."
After hearing this, Lin Baicheng was a little silent. He knew that marriage was normal in a big family. After all, only strong alliances could preserve the family's wealth and even improve it to a higher level.
Logan Rockefeller continued: "Just like Phil, his marriage partner Anna Nord is not an ordinary girl. Her Nord family is in the real estate business, and the family assets are nearly one billion U.S. dollars, which is similar to the Smith family.
Strength. I have seen Anna Nord at some parties before, but I have never found Phil hanging out with her before. They may have just known each other for a short time, no more than half a year at most."
"It's not unreasonable for you to say that. If they were dating before, Smith should introduce us to each other."
Lin Baicheng nodded in agreement. Phil Smith and Anna Nord might really have a political marriage.
Logan Rockefeller: "That's what it means."
"Let's not talk about this. As friends, what we can do is wish them happiness."
Lin Baicheng smiled, said hello to others, and left. Lin Baicheng had attended many parties held by Phil Smith, so he also knew many people through Phil Smith's network.
I won’t say how nice it is, but since you’re here for a party, you have to say hello.
After walking around in a circle, Lin Baicheng walked towards Phil Smith and others who were chatting.
Phil Smith asked: "Alan, how long will you stay in the United States this time?"
"It won't be long. I'll stay until the end of the month at most."
Lin Baicheng is not sure when he will return to Xiangjiang, but if nothing big happens in the United States, he will go back before the Mid-Autumn Festival. This year's Mid-Autumn Festival is October 5th, so he will definitely go back early. There is no reason to rush back.
.
"That means there's still about half a month left."
Phil Smith did the math and said: "Alan, I have some ideas about Zhonghe Game Company and want to raise funds."
Although Lin Baicheng is the largest shareholder of Zhonghe Game Company, Lin Baicheng made Phil Smith serve as the chairman of the company, and Phil Smith also manages the company's daily affairs.
At the beginning, Phil Smith didn't pay much attention to the company. After all, everyone only raised US$10 million to establish the company. Phil Smith himself only contributed US$3.5 million, which was included in his assets.
The proportion was not high. There was no comparison between Zhonghe Game Company and his Phil Trading Company. Naturally, he did not pay much attention to it and hired professional managers to manage it.
However, as the arcade game "Cowboy" is selling well and "Cowboy 2" is under development, the company is very profitable, its assets are increasing, its valuation is improving, and Phil Smith's 35% share is becoming more and more valuable. Phil
·Smith naturally pays more and more attention to the company.
Now, Phil Smith, the chairman, not only often visits the company and handles some work, he even begins to think about the future of the company.
"Financing? I remember the company doesn't seem to be short of money, right?"
Lin Baicheng was a little puzzled when he heard this. Zhonghe Game Company is still very profitable. Although the arcade game "Western Cowboy" has only been on sale for about half a year, he has read Zhonghe Game Company's monthly report and knows that the company's sales as of the end of August
The profit was more than $12 million.
Zhonghe Game Company's arcade machines are manufactured by Galaxy Game Company. Zhonghe Game Company's purchase price is US$1,150 per unit, and the licensing fee for anti-piracy software is also included. Although Zhonghe Game Company's price is high,
Some are lower, but the average price is US$2,200. Even if labor and other expenses are deducted, one unit can still earn US$1,000.
After half a year, the sales volume of Zhonghe Game Company is only about 12,000 units. The game is a popular game. The reason why it does not sell as many arcade machines as that of Galaxy Game Company is because Galaxy Game Company acts as an agent and hands over the arcade machines to agents.
For sales, the sale is completed when the agent buys it.
However, Zhonghe Game Company had to sell slowly by itself. It was able to sell 12,000 units in half a year. That was because it later opened up the Canadian market. Otherwise, the sales volume might have exceeded 10,000 units.
However, although the sales of Zhonghe Game Company's arcade machines are slow, their profit margins are high, and each machine can make more money, which can be regarded as a pros and cons.
Phil Smith solemnly said: "If the company only wants to develop slowly, then relying on the profits of the "Western Cowboy" arcade machine, the company will not be short of money, but if the company wants to develop and grow faster, then the company will be short of money.
Money, and we are very short of money.”
Lin Baicheng nodded: "Then why not choose to get a loan from the bank?"
"Alan, that's what I thought."
Since he has to convince Lin Baicheng, the major shareholder, Phil Smith cannot hide: "I want the company to go public. Now that the company's "Western Cowboy" is selling well, the market is optimistic. It is better to start financing now than to fail in game development later."
It’s a good time to start financing. By financing now, we can also have a better valuation.”
"Have you communicated with Goldman Sachs?"
Lin Baicheng asked, Goldman Sachs holds 20% of the shares of Zhonghe Gaming Company, and Wade Thomas holds 5% of the shares. If there are no internal problems, then major matters such as financing cannot be hidden from them.
"Not yet, I'm going to ask for your opinion first."
Phil Smith shook his head. Lin Baicheng's opinion was the most important. Although his and Goldman Sachs' shares combined were more than half, he could not destroy his 'friendship' with Lin Baicheng for the sake of Zhonghe Gaming Company, because it was not worth it.
"In principle I have no problem."
Lin Baicheng hesitated for a moment before agreeing, and then said: "If Goldman Sachs also agrees to let the company raise funds, I will ask Bill Harveys to follow up. Also, I personally accept the same proportion of dilution, but
I will let Hutchison Whampoa participate in this financing, and hope to get a certain share of financing by then."
"No problem!"
Phil Smith agreed without thinking after hearing this. He said: "I am going to take out 10% of the shares for financing, and then I will give Hutchison Whampoa 3% of the shares. What do you think?"
"That's enough."
Lin Baicheng nodded. He did not let Pioneer Technology Venture Capital Company participate in the financing. If every company related to Lin Baicheng had this company participate in financing, others would definitely notice something abnormal or make assumptions after a few times.
Or if it is found out that this company is related to Lin Baicheng, then Lin Baicheng's founding of this company will not make much sense.
"How about you let me take a share when the time comes?"
At this time, Logan Rockefeller, who had been silent next to him, spoke up.
"I have no problem."
Phil Smith looked at Lin Baicheng as he spoke.
Lin Baicheng smiled and responded: "I have no objection."
"Thanks!"
Logan Rockefeller expressed his thanks.
"Can you let me join in?"
Anna Nord followed closely behind. The sooner you invest in any company, the more you will earn. She knows that Zhonghe Game Company is currently very profitable, a high-quality company, and worth investing in. As for the future, no one can guarantee that as long as it is currently
As long as it is a high-quality company.
"Of course, Ms. Nord is welcome to join us."
Only Lin Baicheng can express his position at this time. Phil Smith's status is not suitable for expressing opinions at this time.
"Thank you, Mr. Allen, you can just call me Anna."
Anna Nord thanked her and said casually: "Mr. Allen, you are the chairman of Galaxy Games. I heard that after raising funds and going public, Galaxy Games is planning to build its headquarters building in Hong Kong, and at the same time, it will build buildings in Tokyo and Los Angeles."
An office building, right?"
"Ms. Anna, just call me Allen. That's the plan."
Lin Baicheng glanced at Phil Smith while speaking. Phil Smith must have told Anna Nord about this matter, otherwise Anna Nord would have no reason to know.
Facing Lin Baicheng's gaze, Phil Smith had no choice but to say: "Ellen, Anna's family is in the real estate business, and engineering construction is one of them. Anyway, Galaxy Game Company cannot build its own building. It must entrust a construction company, so why?"
Why not leave it to the Nord family?"
Anna Nord also said: "Mr. Allen, although our family's company is not listed on the market, it is definitely ranked among the top in California and will not let you down."
"I will consider this matter."
Lin Baicheng nodded: "The main reason is that Galaxy Games has not yet been officially listed. After the company is listed, such a large investment will definitely have to pass the board of directors. At the same time, I have not yet decided whether it is better to build an office building myself or purchase it directly.
"
"If Galaxy Games wants to purchase a ready-made building, the Nord family would also recommend it."
Anna Nord immediately said that this is also the Nord family's business.
Lin Baicheng said: "I will consider it."
"Let's not talk about this. Let's talk about something else."
Seeing this, Phil Smith changed the topic to avoid Lin Baicheng being pestered.
Everyone couldn't help but talk about the huge fluctuations in the oil futures market a few days ago. However, no one here is playing oil futures, or it should be said that no one knows that Lin Baicheng is playing oil futures, so we discuss this matter from the perspective of a bystander.
.
However, everyone did not discuss it for long. When no one is doing oil futures, no one will keep discussing it. After all, it has nothing to do with them.
Lin Baicheng actually chatted with Phil Smith about the international gold price. Phil Smith specifically found an opportunity to chat with him. Phil Smith had a lot of funds to do long gold futures, so he was naturally very concerned about it.
Oil futures suddenly rose sharply a while ago, and then immediately fell sharply. It was a bullish market, and short sellers were strong.
However, the gold futures market is not so volatile. The international gold price fluctuates upwards and does not rise or fall sharply on any one day. However, the gold price has now risen to around US$340/ounce, and is about to reach the price of US$350/ounce.
When the price of gold rose to its current level, Phil Smith naturally followed Lin Baicheng to make a fortune. He was a little unsure about whether the price of gold still had room to rise, so he naturally wanted to discuss it with Lin Baicheng when he found an opportunity.
Lin Baicheng didn't say much this time. He just said that he wanted to take another look, but he could sell multiple orders at any time, so he let Phil Smith make his own decision. It was enough to let Phil Smith follow and make a fortune.
, Lin Baicheng has no obligation to help Phil Smith sell at a high point.
Phil Smith didn't say anything, but asked Lin Baicheng to inform him after closing the long order so that he would know what he was doing, and Lin Baicheng agreed.
If Lin Baicheng closes his long orders one day, he really doesn't mind telling Phil Smith. If he has short-selling plans, notifying Phil Smith to sell will actually allow Phil Smith to become his short-selling support.
Although I haven’t thought about short selling now, no one can predict what will happen in the future.
(Thanks to ‘Yidao Ge 110 One’ for the huge reward support!)
(End of chapter)
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