Reborn in Hong Kong as a Tycoon

Chapter 41 Lin Baicheng's Super High Price
"Mr. Smith, since you want to hear something, there is something I want to say first. I am very optimistic about my company and I am very confident in myself, so the valuation in my heart will be very high. The valuation I said The value is the real thought in my heart, and I'm not kidding you, and please don't be angry when you hear it."

Lin Baicheng put his ugly words up front, lest the other party think he was playing him and make an unpleasant scene.

"Please tell me, Mr. Lin."

Phil Smith nodded in understanding.

Lin Baicheng also raised his index finger and said solemnly: "10 billion US dollars, this is my valuation of Galaxy Games."

"A billion dollars?!"

The translator exclaimed, and Phil Smith could know what Lin Baicheng said without having to translate again.

"Mr. Lin, this is simply impossible!"

Thinking of what Lin Baicheng said earlier, Phil Smith was not angry, but he was very speechless: "Mr. Lin, I think you may have misunderstood the valuation of a company. Generally speaking, the capital market's valuation of an unlisted company The valuation is ten times the annual profit, and then fluctuates up and down according to the optimistic and unfavorable prospects of this company, 5 times, 15 times, etc. are all possible.”

"Mr. Lin, if you say one billion dollars, Galaxy Games will make $5000 million a year, and even if it has a price-earnings ratio of [-] times, it will still make $[-] million a year."

"I am very optimistic about the game "Xiangjiang Square", but I don't think it can make so much money for your company, Mr. Lin. At a price of one billion US dollars, I think it should be able to buy 10 Yada You must know that Atari is the largest game company in the United States."

"So as I said, the valuation in my mind will be high."

Lin Baicheng smiled, and didn't refute or explain anything. After all, he wasn't begging the other party to buy a stake in his company, explaining what he did so much.Only he knows that as long as the development of Galaxy Games does not deviate, the market value of this company will definitely exceed one billion dollars in a few years.

But now, if someone is really willing to buy shares with a market value of one billion US dollars, Lin Baicheng doesn't mind letting the other party buy shares and use the money to make other investments.

"Mr. Smith, I think we should talk about the agency of the game."

"Okay, let's talk about the agency of the game."

The valuation given by Lin Baicheng to Phil Smith is absolutely unacceptable, so he no longer talks about buying shares. Fortunately, he has already thought about the possibility of being rejected before coming, and he cares more about the game "Xiangjiang Square" agency.

"Mr. Lin, I want to obtain the exclusive agency right in North America, what are the conditions?"

North America does not only refer to the United States, but also Canada, but Canada is almost the back garden of the United States, so American businessmen usually include the Canadian market in their foreign business talks.

Lin Baicheng didn't say the conditions right away, but said: "Mr. Smith, I don't know the size of your company yet. Could you introduce me?"

Phil Smith said: "Although I have just entered the industry, I bought an established agency company, so you don't have to worry about the channel. If I don't have a channel, then I don't need to win the exclusive agency right. "

"That's true."

Lin Baicheng nodded, but he was noncommittal in his heart. He didn't fully believe what Phil Smith said. He said: "Mr. Smith, Taito Co., Ltd. has acquired the arcade game "Xiangjiang Cube" for five years in RB at a price of 250 million US dollars. If you want to obtain exclusive agency rights in North America for the same period of time, then you have to pay a considerable sum of exclusive agency fees.”

"250 million dollars? It seems that Taito Corporation is very optimistic about your company's game."

Phil Smith was a little surprised when he heard the words, not sure if Lin Baicheng's words were true, and whether he exaggerated the exclusive agency fee.

"Mr. Lin, I'm willing to pay 300 million dollars for the same five-year exclusive agency rights. What do you think?"

"too low."

Lin Baicheng immediately shook his head when he heard the words: "The economy of the United States is better than that of RB, and the exclusive agency fee must be higher than that of RB, not to mention the entire North American region. If it is less than 500 million US dollars, there is no need to talk about exclusive agency rights .”

"500?"

Phil Smith groaned after hearing this, and neither agreed nor refused. After the meeting, he asked: "Mr. Lin, as far as I know, the export price of your arcade machine is 1500 US dollars. If I get exclusive agency rights, how much will I pay for an arcade machine?"

Lin Baicheng did not answer, but said: "First of all, I would like to declare that if you want to obtain exclusive agency rights, Mr. Smith, you must purchase [-] arcade machines for the first batch of orders, and we do not accept returns for non-quality problems. Mr. Smith You have to know first."

"There is no problem with that."

Phil Smith smiled easily when he heard this.

Seeing this, Lin Baicheng said: "Then I want to ask first, Mr. Smith, do you buy the whole machine or buy the motherboard separately and go back and install it yourself?"

"Of course it's the whole machine."

Phil Smith immediately replied that he was an agent and did not have his own game company.

"1400 US dollars a piece. This price is about the same as what we gave to Taito Co., Ltd., so we don't accept counter-offering. After all, we have to pay more for shipping."

Of course there are discounts for large orders, but Lin Baicheng does not plan to offer too many discounts, otherwise it will be difficult to explain to Taito Co., Ltd.And as he said, the distance between the United States and Xiangjiang is much longer than the distance between Xiangjiang and RB, and he has to pay a lot of extra for the freight alone.

"What is the price of the arcade machine?"

Phil Smith nodded without haggling over the purchase price.

Lin Baicheng said: "The external price must not be lower than 1500 US dollars."

After hearing this, Phil Smith said, "That is to say, as long as the price is higher than 1500 US dollars, let us set the price?"

"In principle, that's right."

Nodding his head, Lin Baicheng said: "However, I still hope that Mr. Smith will not set a too high price, otherwise even if the game is good, I believe there will not be too many people buying it."

"Mr. Lin, don't worry about this. I also know that if the price is too high, some customers will hesitate, which is not conducive to sales."

Phil Smith nodded to express his understanding, then fell silent, but began to think.

Seeing this, Lin Baicheng did not urge him, but talked with Liu Yihui in a low voice.

Time passed slowly.

Phil Smith even asked Lin Baicheng for a calculator, paper and pen. He didn't know what he was calculating, and he wrote on the paper from time to time, and communicated with the lawyer from time to time.

Although he didn't take the liberty to bother, Lin Baicheng guessed that Phil Smith should be calculating whether it is worthwhile to get the exclusive agency right, how long it will take to recover the cost, how many machines to sell to make money, and so on.

　(Favorites, recommendation tickets, monthly tickets, investment, the more the better!)

　　
　
(End of this chapter)