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Chapter 757 I am very interested

"We've got 19 of the most promising investors right now," Peterson said.

"They all rejected you, right?" Su Chen asked.

Peterson and Stephen's faces were a bit ugly for a moment, because those investors did reject them. Although the two were running around, even their friends said 'no' to them.

Peterson continued: "Mr. Su, our business philosophy is different from ordinary people, that is, you can trust us, we will be with you, and we have always been committed to friendly acquisitions."

After finishing speaking, the two looked at Su Chen and Bernice eagerly.

Presumably they felt they were sure to be rejected again.

"So..." Su Chen pondered for a while, "Is it okay if I want to visit your company? Or can you provide your identity information, because I don't walk around Wall Street all year round."

"Okay, Mr. Su, our company is not far away." Peterson said with a smile, "Then shall we go there now?"

"Yes buddy, I hope to visit your company now." Su Chen nodded.

Bernice said: "Guys, our chairman will handle this matter now. If he has any orders, I will contact you again."

"Okay, Miss Bernice, thank you for your meeting." Stephen and Peterson said.

Immediately, Su Chen led someone to follow behind them and went to their company together.

To be honest, the current Blackstone Group is really a bluff, it looks like a leather bag company no matter how you look at it.

There are only dozens of employees in the office, and they all seem to be busy. Su Chen even saw a buddy staring at the computer screen in a daze.

After a few glances, Su Chen didn't have any interest.

After confirming that the identities of the two were correct, Su Chen took a sip of coffee and said, "Guys, I'm very interested in your business, and I like you two very much, so..."

The two hurriedly listened carefully.

Su Chen said, "I'll give you [-] million dollars."

"Buy Karma, Mr. Su, you said [-] million US dollars?" Peterson was stunned.

Stephen also had a look of disbelief, thinking he had heard wrong.

Su Chen nodded: "Yes, you heard it right, I will give you [-] million US dollars, and in addition, you can go to Newark to find Garrett Keith, the vice president of Prudential Insurance Company, I think he also Would be interested in your business."

"I will let Miss Bernice hand over the money to you, but I hope you can help me earn money."

"Definitely." Peterson said hastily, "We will properly use every penny of investors."

"That's good." Su Chen stood up, "I still have something to do. If you have anything to do in the future, you can directly contact Miss Bernice."

Stephen and Peterson personally sent Su Chen and his party to the door.

Regardless of the small number of people in the Blackstone Group, it looks like a leather bag company. It has not even found a single investor, but it is its high rate of return that has earned Blackstone its reputation.

According to industry estimates, in the past five years before the company went public in 2007, Blackstone's real estate and private equity funds had an annual return rate of at least 5%.

Watching Su Chen go away, Peterson said: "Dude, pinch me, why do I feel like I'm having a dream, that Oriental really invested [-] million US dollars?"

"I did hear this data. As for whether it's true, we'll find out if we go and see it tomorrow?" Stephen said.

At this moment, the two felt as if they had walked to the edge of a cliff and were pulled back.

Because they were rejected by the dozen or so most promising investments, the remaining more than 400 potential customers were rejected.

Anyway, they didn't have any hope when they went to the prosperous world this time.

But I didn't expect to get such an answer, which is indeed a surprise.

Jushan Fund is the property of Su Chen and his father-in-law Eaton, and it is currently used to speculate in stocks, but if it can make money in the hands of the Blackstone Group, that would be the best thing.

This investment is not a blind decision.

It's that Peterson and Stephen's money-making speed is really terrible.

According to public information, as of 2006, Blackstone Group’s profit exceeded 22 billion U.S. dollars, with a per capita profit of 295 million U.S. dollars. This figure is 8 times the per capita profit of Goldman Sachs, and it has become the shining king of PE on Wall Street.

Moreover, Su Chen is more interested in the Blackstone Group's acquisition capabilities and the circle of investors. Sometimes, he can use those investors of the Blackstone Group to conduct a malicious merger.

Especially now in the age of hostile mergers and acquisitions.

After returning to the company, Su Chen told Bernice about her decision and asked her to prepare money for the operation of the Blackstone Group.

Bernice naturally had no objection to the chairman's arrangement.

She said: "Since the chairman has made a decision, I naturally have no opinion. In fact, I also want to try the company's level, but I didn't intend to give so much at the beginning."

After a pause, she continued: "Dr. Wang An appointed his son as the president of the company last year, and many people left. I think this will cause their stocks to decline, so I recommend shorting their stocks."

"Yes." Su Chen nodded.

In good conscience, Wang An is really generous. He was able to invest 20 million US dollars in talent training and technology research and development with an annual revenue of only 7 billion US dollars, which shows how great his efforts are in this regard.

But the problem is that in Wang An's subconscious mind, the company belongs to my family. He does not advocate investment in the company, and he claims that he has absolute control over the company, and he chooses his family members in many important positions.

Even John Chambers, the man who later led Cisco's market value to $4440 billion, was just a mediocre role like a regional manager.

In China, this situation may be justified, but in the United States, it is true that these people admire Wang An, but they cannot accept Wang An's management model. After Wang An stepped down and Wang Lie took over, their dissatisfaction broke out completely. A large number of people left their jobs.

At this time, the competition in the computer industry has become unprecedentedly serious, and the brain drain is a fatal blow to Wang An's company, and Wang An Technology is in a desperate situation.

Chinese enterprises have always had a bad habit - excessive competition.

Enterprises have to fight to the death for a foothold. Companies continue to rise, prosper, disappear, and the cycle repeats. There is never a long-term powerful brand.

IBM, founded in 1911, is still a "big mac" company until now.

Moreover, IBM has formed an industrial ecosystem, they have compatible equipment and software, and even "Microsoft" is a member of the ecosystem, growing under the protection of IBM.

However, Dr. Wang An insisted not to produce IBM-compatible PCs, not even monitors, because of the relationship he had formed with IBM many years ago.

This is particularly awesome, it is simply awesome.

It is undeniable that Wang An was successful, but he was also a failure.

It was indeed an opportune moment for Bernice to suggest shorting his stock.

It is also impossible for Su Chen to let go of this opportunity to make money because of his admiration for Dr. Wang An.

Since he let his son take over, the bitter fruit of bankruptcy has been planted.

……

Mr. Su walked around the company, and there was really nothing to tell him, and he didn't need to talk about the business, as long as he had a good grasp of the course of the aircraft carrier.

After leaving the company, seeing that it was getting late, I went back to the hotel to rest.

After a comfortable night's sleep, he was going to visit his father-in-law Eaton the next day.

Because it was a private trip, I didn't bring my assistant and secretary, otherwise my father-in-law might coax him with Remington...

(End of this chapter)