Reborn in Hong Kong as a Tycoon

Chapter 419 Conversation about going public (two in one)

Lin Baicheng's private plane landed at the airport in Los Angeles, and Lincoln was waiting outside the airport. Lin Baicheng and Haruko Mori who came to pick him up went to the villa in Beverly Hills.

Because he had contacted him in advance and told him the time of arrival at the airport, when Lin Baicheng returned to the villa, his assistant Bill Hawes was already waiting at the villa.

"Chairman!"

Bill Harveys, who was sitting on the sofa, stood up.

"Let's sit down and talk."

Lin Baicheng nodded, and after each of them sat down, he said to Bill Harveys, "Bill, have you contacted Thomas from Goldman Sachs about my loan for Galaxy Games?"

"Already contacted."

Bill Harveys replied: "The operating data of Galaxy Games Company you sent was also forwarded to Mr. Thomas. Mr. Thomas said that there is no problem with the loan of [-] million US dollars. If you need it, higher loan funds are also available. talk."

"Galaxy Game Company's loan of [-] million US dollars is enough, and there is no need for more."

Lin Baicheng shook his head. The lender this time is Galaxy Games Company. The company's [-] million US dollars in loan funds is already enough for stock preparation and publicity. Any more will only waste the interest that the loan needs to pay.

Bill Harveys said: "Chairman, regarding the loan, I will lead the team to negotiate with Goldman Sachs and try to negotiate the lowest interest rate. Or, Mr. Thomas said that he wants to meet with you. Want to talk to you."

Lin Baicheng heard the words and asked, "Did he say what happened?"

Bill Harveys nodded slightly: "I asked, and he only said that it was related to the listing of Xinghe Game Company, and he wants to talk to you in detail."

"okay I know."

Lin Baicheng nodded and said: "You can contact him for me to see if he is in Los Angeles or New York. If he is in Los Angeles, let him come to my place for dinner at night. If he is in New York, we will meet again tomorrow or when he has time."

Bill Harveys immediately said: "Okay, I will contact Mr. Thomas in a while."

"By the way, what's going on with Apple now? Has IBM entered the personal computer market yet?"

Nodding his head, Lin Baicheng, who was about to let Bill Harveys leave first, suddenly thought of Apple, which raised funds at the end of January. It has been nearly two months now.

Bill Harveys knew this very well, so he immediately replied: "Apple has expanded its production capacity and sales force after obtaining financing, and last month's revenue and profit have increased significantly. Although this month is not over yet, But judging from the current data, the growth rate will only be greater. It can be said that Apple has once again entered the fast lane of rapid development.”

"As for IBM, although it has been talking about entering the personal computer market, there has been no movement so far. At least Apple has not discovered that IBM is an industry giant. If it wants to enter the personal computer market, it will only enter it generously. In this market, the possibility of a secret layout is relatively small, and IBM should indeed have not yet entered the personal computer market."

"For Apple, the later IBM enters the PC market, the better."

Lin Baicheng was very happy to hear that. After all, he holds 27% of Apple's shares, which is not a small amount.

"Bill, when Apple is facing the threat of competition from IBM, you should pay more attention to Apple. Once the company encounters a major event, you must remind me as soon as possible."

"Chairman, don't worry, I've always kept it in my heart."

Bill Harveys nodded to express his understanding. He worked for Lin Baicheng, and Lin Baicheng's instructions dared not take him seriously.

"If there's nothing else, you can go back first."

Lin Baicheng said aloud, not to talk about business anymore.

"Chairman, then I will take my leave first."

Bill Harveys got up to leave, not surprised that Haruko Mori was still sitting still.

After Bill Hawes left, Lin Baicheng said to Haruko Mouri: "Haruko, Thomas wants to talk to me about the listing of Xinghe Game Company, what do you think?"

"Cheng Jun, the main reason is that Xinghe Game Company makes too much money."

Haruko Mori said: "Although the business data you gave to Goldman Sachs is a shrunken figure, and Goldman Sachs itself will underestimate the company's revenue and profit, it is still very profitable. Of course Goldman Sachs will be jealous and want a piece of the pie."

"I think what Goldman Sachs wants most is to be able to take a stake in Galaxy Games, but Mr. Cheng, you said that you refused, so I think Goldman Sachs is the next best thing to promote the company to go public, so as to make a lot of money from it."

"It's pretty much what I thought."

Lin Baicheng nodded slightly in agreement: "Galaxy Game Company's products are too dependent on the markets of the United States and Japan, whether it's arcade machines or consoles, so sharing benefits is a must, otherwise the company will only be waiting for a steady stream of troubles. "

Haruko Mori comforted: "This is a helpless thing. Don't say that you are a foreigner, Mr. Cheng. Even if it is an American company, after a company grows large enough, once it does not choose to share, but eats alone, it will also face suppression. .”

"Fortunately, going public is not without its benefits. Not to mention that the company can raise funds from the market, the shares I hold can also be reduced and cashed out, and the funds obtained can be invested in other companies."

Lin Baicheng smiled, this can be regarded as a consolation, it does not mean that going public is a bad thing, otherwise there would not be so many companies wanting to go public.

Haruko Mori said: "Mr. Cheng, now Galaxy Games is your sole proprietorship. If you want to go public, you need to meet a certain number of shareholders. For these specifics, I think that after you decide to go public, Mr. Thomas and the others will discuss with you. you said."

"I know a little bit about this."

Lin Baicheng nodded and said: "Once I decide to go public, before the company goes public, I will take out some shares to provide equity incentives for the management and outstanding talents." Some companies under his name have already implemented equity incentives, and some have not yet, but Those that don’t have equity incentives before going public, so that management and outstanding talents can make a fortune.

"Your Majesty, you know what's in your heart."

Haruko Mori nodded and stopped talking about this topic.

Lin Baicheng looked at her and said, "Like Qingzi, the management and outstanding talents of other companies under my name, although it is impossible to have equity incentives, they will have a certain number of stock purchase rights at the issue price, which is equivalent to issuing new shares. As for It’s up to you whether you dare to spend money to buy stocks.”

Generally speaking, buying stocks at the issue price will make money, but there are also a few cases of breakouts, so it is up to them whether they dare to spend money to buy stocks.The opportunity is given to them, whether they can seize the opportunity to make a fortune depends on each of them.

"No matter what others think, I will definitely dare."

Haruko Mori's eyes lit up when she heard this. Of course, she could see that buying stocks at the issue price would be profitable, and the possibility of the stocks breaking the sale was too low.The most important thing is that people like them who buy stocks at the issue price, unlike the founding team who have a half-year sales restriction period, can sell the stock on the first day of the company's listing, without worrying that the company's stock price will fall below the issue price later. price.

Of course, if you have enough confidence in the listed company, you can also hold the stock all the time, and wait until the stock price rises to the psychological price before selling the stock.

"However, Mr. Cheng, if the number of stocks that can be purchased is enough, I may not have that much money, and you will have to lend me some at that time."

Although Haruko Mori's salary is very high, the problem is that her expenses are not small, and she has to support her mother, so she actually doesn't have much savings.

"Of course there's no problem."

Lin Baicheng agreed without even thinking about it. Given his relationship with Haruko Mori, it might be inappropriate to give money directly, but there is no problem at all with lending money to Haruko Mori for new shares.

Haruko Mori said: "As long as the new stocks are not broken, I think everyone will thank Makoto for your generosity and work harder to repay you."

"That's exactly what I want."

Lin Baicheng couldn't help laughing when he heard the words. The reason why he wants to make profits for the management of other companies is mainly because some companies will not be listed, so the management and talents of those companies cannot make huge profits like the management of other companies.

There is an old saying that does not worry about scarcity but inequality. The management of Lin Baicheng's other companies can become millionaires, but the management of companies that cannot be listed can't. How can those people not think too much about it? It is definitely not what Lin Baicheng wants to dampen their enthusiasm for work.

It takes six hours for Wade Thomas to fly between New York, Los Angeles and New York, but there is a three-hour time difference between the two places, so the actual time from New York to Los Angeles is three hours.

It was precisely because of this that Lin Baicheng met Wade Thomas that night, and Wade Thomas came to Lin Baicheng's villa to have dinner with him, and Haruko Mori had dinner with him.

It is normal to talk about work while eating, so Lin Baicheng and Wade Thomas chatted while eating.

"Alan, your Xinghe game company is getting bigger and bigger now, and the sales of several games are getting higher and higher. I think it's time to go public. This is good for you and the company itself."

Wade Thomas didn't play around in circles.

Lin Baicheng just nodded, and then asked: "Thomas, do you know about Atari VCS, the product of Atari the year before?"

"You mentioned that you want to make a console similar to Atari, so I pay more attention to this device from Atari."

Wade Thomas nodded and said: "This product produced in 77 sold 25 units that year. Although the sales volume increased to about 55 units last year, the total production of Atari last year was 80 units. , Atari is facing losses and financial crisis, parent company Warner is very dissatisfied with this, founder Nolan Bushnell was kicked out of Atari. "

"Alan, to be honest, I am not optimistic about so-called video games. In addition to Atari, Fairchild Semiconductor also had a video game business before. These two competitors were originally in the market, but Fairchild Semiconductor withdrew last month. The game console manufacturing industry was shut down, and related departments were closed.”

"There are only two companies in the market, one is not optimistic about this industry, and the other is facing losses, which is enough to explain the prospects of this industry."

Lin Baicheng is not too surprised that Atari is currently facing a loss. After all, the market needs to be cultivated. People are used to going to the game hall to play games at the beginning, and the consumption is not high every time.Video games are different. To buy consoles and cassettes, based on the Atari VCS price of $199, the one-time minimum consumption is so much. Not everyone can easily come up with this amount of money.

"Thomas, Galaxy Games has already developed related products, and the products have already come out. The company's initial investment has reached more than 1 million U.S. dollars. This is just the cost of research and development. The company will soon produce the products. Once the sales performance is not good, then The company faces a loss of at least [-] million U.S. dollars."

"Thomas, it seems that Xinghe Game Company will not be able to go public for the time being."

Lin Baicheng shrugged his shoulders as he said, he is not in a hurry to list Xinghe Game Company, there is no problem at all if it is a year or two late.

"It was developed so quickly?"

Wade Thomas was a little surprised. If this is the case, then the listing is indeed a bit troublesome, because the prospect of Xinghe Games Company is not as good as it used to be.Originally, he thought that the development of Galaxy Games' video game had not yet been completed, and he wanted to use the listing as an excuse to persuade Lin Baicheng not to continue the research and development. The previous losses were completely acceptable and would not affect the capital market's optimism for Galaxy Games' prospects.

Lin Baicheng shook his head and said, "It's not too fast. It has been more than a year since we started investing."

"Alan, you started investing so early?!"

Wade Thomas was very surprised. He thought for a while and said, "Alan, you can actually split the video game out, and the revenue and profit of the arcade machine will be there, and the company's valuation will not be affected much. If You are really optimistic about this product, judging from the prospect of this product, you need to invest a lot of money, just after Xinghe Game Company is listed, you can get more funds to invest.”

"Split?"

Lin Baicheng's heart was moved when he heard the words. He was very optimistic about console games and had great confidence that he could make a lot of money through console games.Therefore, it is not unacceptable to split this piece now. After making a lot of money, he will be able to make more money if he goes public again.

"It's not unacceptable, but I have to think about it."

"Alan, you don't need to think about it slowly, but it's best to make a decision before Galaxy Games invests more in video games. Otherwise, if the company loses too much, it will definitely affect the listing and valuation of Galaxy Games. Influence."

Wade Thomas still hopes that Lin Baicheng can list Xinghe Game Company, because in this way Goldman Sachs can make a lot of money from it, which is why he is so active.

"I don't have to think too long, I can give you an answer tomorrow."

Lin Baicheng does not reject the listing of Xinghe Game Company, so he does not need to think about whether to split the console game for too long. After all, whether to split is extremely important to the company's future development, and he can't think about it for too long, so as not to affect the company's layout .

(End of this chapter)