Island Tycoon

Chapter 587 Acquisition of Quantum Fund
It took Ye Jingcheng nearly half an hour to interview Paulson.In the end, Ye Jingcheng did not give a direct answer, but asked the other party to go back and wait for news.

Paulson, who was new to the workplace, was obviously taken aback. It stands to reason that Ye Jingcheng should be persuaded by him and then hire him on the spot.Could it be that the two sides are not the same kind of people at all?

He chose to apply for this agency position. Compared with the salary of 20 US dollars, it was not the most important point for Ye Jingcheng or him.For him, the most important thing is an opportunity for development, and this company is worth his investment.

And out of Ye Jingcheng's consideration, it was because he thought the other party's character still needed to be sharpened, and it seemed that he always said what he said.This is not about arrogance, but about how to deal with things tactfully if you are too straightforward?

In addition, Ye Jingcheng may not have a better choice.

In the next interview, several job seekers gave him roughly the same impression.Compared with Paulson, the ideas of these job seekers seem more conservative than aggressive.

However, conservatives have the advantages of being conservative, that is, they can better maintain a company.The plan formulated by Paulson is indeed conducive to the development of the company in the early stage, and can even help the company soar in the mid-term, but in the later stage...

From a legendary investor earning 50 billion US dollars a year to a "big loser" on Wall Street, it shows that he still has something to reflect on.

Two of the candidates who were too standard were excluded, and the other three resumes were temporarily kept by Ye Jingcheng, waiting for further observation before making a decision.

Now he has more important things to do, to meet with Soros of Quantum Fund to discuss solicitation or acquisition matters, the latter is more likely.

Soros is not a newcomer to the workplace like Paulson. Now that he has basically mastered a mature network, he can easily let the money owner invest in him, and there is no reason to let the boss work for others improperly.

During the drive to the Quantum Fund, Lu Francia did the interpretation work for Ye Jingcheng.

"Ye Sheng, the Quantum Fund was transformed from the predecessor Double Eagle Fund. At that time, Soros was still working for the investment company Arnhold & S. Bleichroeder, so this fund was not in his personal name."

"Until 1973, Soros and his assistant Rogers left Bleichroeder to start their own business, and created Soros Fund Management Company based on Double Eagle Fund as a template. At that time, there were only three shareholders. Soros was the major shareholder with 75% of the shares. owns 20% of the shares, and an administrative secretary owns 5% of the shares.”

"In 1979, Soros changed the company's name to Quantum Fund. Prior to this, Quantum Fund's average annual rate of return exceeded 50% for ten consecutive years. This has also made Quantum Fund, including Chairman Soros, have attracted a lot of investment from Wall Street attention."

"Although the rate of return has dropped to 30% in recent years, Quantum Fund is more sought after by investors. The company's total value is initially estimated at 7000 million. In addition, Soros is fully capable of raising a fund of more than 4 million."

Speaking of this, Lu Falan finally understood why this Soros attracted Ye Jingcheng's attention.The other party's ability to raise funds is second to none. The main thing is what kind of vicious vision must be required to make the company's continuous average annual rate of return exceed 50%?

If it were him, Lu Fran, even though he had the confidence to manage a company well, it was basically impossible to achieve this step. If he could maintain a 10% annual rate of return, he would probably think that he had done his job well.

You must know that Soros was on Wall Street and only recently emerged from the rookies.Sure enough, coming to Wall Street with his ability is like entering the city from a big country, and he can only work for a lifetime.

At this end, Ye Jingcheng, who had listened to the survey results, was also thinking about the discrepancies in the data.Quantum Fund's market value of 7000 million does not seem like much, but this number is only based on the company's current development and its deeper potential value.

Among them, accounting for the largest proportion is undoubtedly the talent of Soros.It can be said that only with him can Quantum Fund have achieved a rate of return of more than 50% for four consecutive years.

Soros lost a quantum fund, he can establish a second and a third quantum fund.And once the Quantum Fund lost him, it would not be a complete Quantum Fund.Even if it is replaced by a capable executor, it will definitely not be able to achieve its future achievements.

So in Ye Jingcheng's eyes, a single Soros has more than 7000 million.Therefore, the main purpose of the next acquisition of Quantum Fund is not this company, but to bind it with Soros.

Arriving at the building where the Quantum Fund is located, Ye Jingcheng did not go directly to the company to find Soros, but instead waited for him to arrive in the coffee shop downstairs.On the one hand, there are reasons for personal affairs, and on the other hand, it is the temptation to Soros.

Not long after, Soros appeared in a straight suit.There is nothing remarkable about his appearance, but his body is much stronger than the average person, and compared to the photos Ye Jingcheng has seen in later generations, Soros today does not have that sense of vicissitudes.

"Mr. Ye, you are younger than I thought." The two shook hands, and Soros said.

He didn't say this to flatter the other party, but Ye Jingcheng seemed to be only in his early twenties, which really surprised people with his wealth.

Soros asked himself that at this age, he seemed to be still studying for a bachelor's degree in college, and he hadn't even stepped into the circle of the financial industry.Not to mention that according to the information collected, Ye Jingcheng has a net worth of at least 20 billion US dollars.

"You're welcome, please sit down."

"I don't know what is the main reason why Mr. Ye asked me to come out?" Soros didn't have too much politeness, and went straight to the topic of this meeting.

"Before I came, I had a look at your resume over the past few years. Your ability and style of acting are very suitable for my requirements. I wonder if you are interested in coming to help me." Ye Jingcheng tentatively said.

Soros nodded, and declined without much consideration: "I am very grateful for your appreciation, Mr. Ye, but for the time being, I don't consider being hired by others."

"Don't think about it again?" Ye Jingcheng smiled, and proposed conditions: "Even if the annual salary is 1000 million US dollars?"

"This..." Soros hesitated.

The annual salary of 1000 million US dollars is indeed an irresistible temptation for Soros now.You must know that in the ten years since he founded the Quantum Fund, he has only accumulated a net worth of 5000 million US dollars.

If he were to work for Ye Jingcheng at this time, ten years would be enough for him to become a billionaire.

However, what Soros was most concerned about was not the salary Ye Jingcheng offered him.But the road of investment is not necessarily smooth sailing, and it is also possible that a mistake may take all the capital into it.

After some internal struggles, Soros responded: "I still say that, for the time being, I don't consider being hired by others."

It was Ye Jingcheng who valued it so much that he was so sure of his idea of ​​investing on his own.If he didn't have this value, how could the other party offer such a generous offer?

"Even so, let's talk about the second thing." Ye Jingcheng put aside the topic just now, and said, "I wonder if your Quantum Fund will accept investment?"

"Since my company is raising funds from the outside world, anyone is naturally welcome to invest, but Mr. Ye, do you understand the concept of Quantum Fund? After all..." Soros seemed to think of something, and asked, "Mr. Ye, do you want to invest in my company?" ?”

"That's right." Ye Jingcheng snapped his fingers, and Lu Fran who accompanied him took out a document.

After taking it, Soros took a closer look. It was an acquisition plan related to Quantum Fund.It mentioned that Ye Jingcheng is willing to invest 3000 million US dollars to acquire 40% of the shares of Quantum Fund.

After all, the total value of the Quantum Fund is around 7000 million, and Ye Jingcheng bought 3000% of it for 40 million. This is indeed the calculation on the surface.

However, fund companies are different from conventional corporate companies. Its market value can only be used as a reference number. More importantly, it is to estimate its potential value. 3000 million is obviously not up to Soros' expectations, let alone whether he has considered it. Issues with selling shares.

Seeing Soros' resistance, Ye Jingcheng raised his stake and said, "Don't refuse in such a hurry, I have another plan here. It is a capital planning project entrusted to the company after becoming a shareholder of Quantum Fund."

Soros glanced at him meaningfully, knowing that the other party had come fully prepared and didn't give him too much time to think about it.But if there are not enough conditions, he will resolutely keep his shares.

Although he owns 75% of Quantum Fund's shares, if he speaks to Ye Jingcheng, others will inevitably do the same in the future, and he will lose control of the company over time.

However, all these thoughts were completely forgotten after he simply read the project proposal.Leaving aside the ultimate goal of the business plan, the fund-raising of more than 50 billion US dollars alone has caused a shock in his heart.

With such a huge amount of funds, Soros believes that he can make money no matter what investment he makes.

"Mr. Ye, I don't know the specific goal of this project...?" Soros couldn't help asking.

Ye Jingcheng shook his index finger lightly. It was naturally impossible for him to reveal the plan before he got a clear answer from the other party.Instead, he said, "Now can we talk about the acquisition first?"

Only then did Soros restrain his emotions, realizing that his request was abrupt.But without knowing the specific situation, he was a little unwilling to ask him to give up the company's equity.

Or I can go back and analyze Ye Jingcheng's specific plan through the information of the business plan?The thought flashed through Soros' mind.

However, he quickly vetoed this idea, and Ye Jingcheng told him the information with confidence, which proved that the other party had taken sufficient confidentiality measures, or that the plan was likely to be carried out in a short time.

When he finished his analysis of this plan, maybe Ye Jingcheng's side's actions might have ended, and there would be no chance for him to fish in troubled waters.

(End of this chapter)