Reborn in Hong Kong as a Tycoon

Chapter 66 Stocking up in advance
In mid-November, Lin Baicheng came to the United States again.

There were quite a few people who came to the United States this time, not only Lin Baicheng's bodyguards, but also An Yuan and other five employees who were in charge of the transaction.

It was Eric Davis, the person in charge of the Los Angeles branch of Galaxy Games, who came to pick him up.

Because they had calculated the time to buy the tickets, Lin Baicheng and others arrived in Los Angeles at around [-]:[-] pm local time. After they had dinner, they went to rest to adjust to the jet lag.

the next day.

Lin Baicheng asked Eric Davis to arrange for someone to take An Yuan and others to play in Los Angeles, while he himself brought his bodyguards to find Phil Smith.

Lin Baicheng had contacted Phil Smith before coming to Los Angeles, so Phil Smith was not surprised by Lin Baicheng's arrival.

"Lin, what are you doing in Los Angeles this time?"

Lin Baicheng and Phil Smith found a place to chat.

"I came here this time mainly to seek financing from Goldman Sachs or other investment banks."

Lin Baicheng didn't hide the purpose of his visit this time, after all, there was nothing to hide.

"Financing? It's not your game company that needs financing, is it?"

Phil Smith's heart was moved when he heard the words. If Galaxy Games needed financing, he would be more than happy to get involved. For this, he didn't mind asking his father for support.

"It's not a game company, Galaxy Games is still very profitable."

Lin Baicheng shook his head and said, "That's right. I am optimistic about the future price of gold, so I want to buy more gold futures, so I seek financing from Goldman Sachs or other investment banks."

In this way, he told Phil Smith that Lin Baicheng didn't mind at all if Phil Smith joined in the long gold market. After all, the market was huge, and the addition of Phil Smith would not affect Lin Baicheng's future earnings.

Because Phil Smith knew that Lin Baicheng was long gold futures, he did it too. It was Phil Smith's own ability and his luck.If Phil Smith didn't do it, Lin Baicheng would not take the initiative to persuade the other party to buy more gold, because there is no need for that. After all, Phil Smith won't give him some money after making money.

"Long gold futures?"

Phil Smith was a little surprised. He didn't expect Lin Baicheng to play games in the financial market. Out of the standpoint of a friend, he still reminded him: "Lin, we are not in the financial industry. From the standpoint of a friend, I still hope you can do more. Think about it, be careful. Doing business is actually very profitable, isn't it like your Xinghe game?"

"Don't worry, Smith, I know it."

Lin Baicheng nodded with a smile, but from Phil Smith's words, he could tell that Phil Smith probably would not participate in the gold futures transaction.

"Just understand it yourself."

Phil Smith didn't persuade them too much, after all, the two of them haven't gotten to know each other well enough, they can only be regarded as business friends.

"Lin, there is something I want to discuss with you."

"You said."

"You also know that Christmas will be here in just over a month. This festival has great influence in our western countries. Every year around Christmas, everyone spends a lot of money."

""Xiangjiang Cube" and "Pac-Man" have been selling very well recently. I am planning to carry out a certain price reduction promotion around Christmas. I believe that the sales in those days will be very impressive. At present, I don't have much stock for these two arcade machines. Yes, "Pac-Man" is okay. After all, you still have a lot of orders that have not been delivered, but "Xiangjiang Cube" is different. I need to place a new order. I am still planning to place an order of [-] units this time. .”

"That's a good thing!"

Lin Baicheng couldn't help laughing when he heard the words. With an order of 800 units of "Xiangjiang Square", Lin Baicheng can make a profit of [-] million US dollars, which is a great thing.

"But I need to get as much stock as I can before Christmas."

Phil Smith said in a deep voice: "Lin, I'm worried that besides me, there will be agents from other countries looking for you to place orders before Christmas to prepare for Christmas, so I hope you can complete my order in advance, what do you think?"

"this one"

Lin Baicheng pondered when he heard the words. Considering the help Phil Smith gave him, he finally said: "Smith, originally 20% of the arcade machines of my factory's daily production capacity were assigned to your orders, and now I have increased it to 30%." %, which is to increase from 120 arcade machines to 180 every day. There are still about [-] days until Christmas, even if there is a delay in shipping in the next half a month or so, you can stock up at least [-] units by then, which is already a lot. "

"Lin, it's not your calculation."

Phil Smith is certainly happy to increase the delivery quantity by 50% of the original quantity, but he still said: "Before Christmas, I sell every day, so there won't be so many arcade machines left. What's more, this is The number of arcade machines in the two games, on average, is only half the number of each game."

Lin Baicheng couldn't help but said, "Even if there are only about a thousand units of each game, it's enough for Smith to sell it a few days before and after Christmas."

"Lin, that's because you don't understand the spending power of our country around Christmas."

Phil Smith shook his head, disapproving of Lin Baicheng's words.This is because arcade machines are very expensive, and few individuals buy them. They are replaced by products that individuals can afford.

"Well, after all, you must know better than me."

Lin Baicheng shrugged. After all, he is not an American, and he has never been abroad in his previous life, so he must not understand the consumption level of this country around Christmas like Phil Smith.

"But Smith, that's all I can help you with. After all, I also have contracts with other agents. According to what you said, agents in western countries may come to me to place orders after a while, or hope that I will ship in advance. Give them, I can increase the delivery volume for you so much, it is already the limit of what I can do."

"Well, Lin, no matter what, I still have to thank you."

Phil Smith knew that what Lin Baicheng said was reasonable, and he couldn't force it anymore, so he had to give up.However, he has already decided that if the goods are really out of stock at that time, he will have to pay an extra fee to have Galaxy Games transport them by air.

"You're welcome, didn't you help me find a relationship with Goldman Sachs last time?"

Lin Baicheng waved his hand, there is back and forth, mutual help is a normal business relationship, no one will give blindly.

After chatting with Phil Smith for a while, Lin Baicheng took his leave and left to meet with the Goldman Sachs executive he had made an appointment with.This time, the two of them are already familiar with each other, so there is no need for Phil Smith to lead the way.

The reason why Goldman Sachs was first approached was not only because of financing needs, but also because Lin Baicheng wanted to know how Goldman Sachs was doing with Microsoft and Apple's stakes.

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(End of this chapter)